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^JF^F
Mtata' ^upleintt
OF THE
(C
ommercial &
f inamcial Q hronicle.
Tilly' 27,
VOLUME
1889
XLIX.
t
AMLLIAM
102
The
DANA
& CO, PUBLISHERS,
WILLIAM STREET, NEW YORK.
Investors' Supplement
B.
is
issued once in two months,
viz.,
on the last Saturday of
September and November, and one copy of each issue
Extra copies are sold to subscribers
every subscriber of the CHRONICLE.
January, March, May, July,
is
furnished to
of
the
CHRONICLE
at 50 cents each, or to others than subscribers at $1 per copy.
[Catered according to Aet of Congress In the year 1889, by 'W'm. B, J>ana
&
Co., in the office of the Librarian of Congress, Washington.
I).
C.]
1
CHRYSTIE
& JANNEY,
HAMvLliS,
6
JVall
Street,
NEW YORK.
Trsasact a general banking business.
Receive deposits subject to check at sight.
Allow interest on daily balances.
Deal in railroad bonds, and State, County and Municipal securities.
Make collection of drafts, notes, dividends and coupons throughout the United States and Canada.
Give special attention to consignments of bullion, and make
liberal
advances on same when desired.
VERMILYE &
16
CO.,
ib^ZlStikiieirs.
1 8 Nassau Street, New
&
York.
ALL SECURITIES LISTED AT THE NEW YORK, PHILADELPHIA A M> BOSTO.V
STOCK EXCHANGE* ROCGHT AND SOLD ON COMM'SSION.
7
DEPOSITS
GOVERNMENT, CITY
INTEREST ALLOWED ON
DRAFTS AT SIGHT.
AND
RECEIVED
SUBJECT TO
BALANCES,
RAILROAD BONDS, AND OTHER CHOICE INVESTMENTS,
AND ON HAND FOR IMMEDIATE DELIVERY.
AND
SAMUEL
D. DAVIS
BANKERS,
42 WALL
STREET,
and
&
NEW
)
[
FOR
SALE
CO.,
YORK.
39 PINE STREET,
MEMBERS NEW YORK STOCK EXCHANGE.
INVESTMENT SECURITIES A SPECIALTY.
INTEREST
S%MEEL
.1.
S.
ALLOWED ON DEPOSITS SUBJECT TO SIGHT
D. DAVIS,
ol
WOOD
Jfc
DAVIS.
CHARLES
NO.
KARLEE.
7-
NEW
Brokers and Dealers
in
RAILROAD
AND APPROVED
PAYING FROM 4 TO
Immediate
YORK.
Investment Bonds and Stocks.
STATE, Ml MCIPAL,
for
D.
FARLEE
&
BROTHER,
NASJSAU STR1ET,
P. O. Box 1466.
On hand
VAN NOSTRAND.
ROBERT
KAH1.KK.
J. S.
B.
DRAFT.
Delivery,, suitable
Conservative Investors.
BONDS,
6
PER CENT,
Savings Banks, Trust Funds" and^; other
Correspondence Solicited.
for
ukstmrs' ^ttjftont
OF THE
f OMMERCIAL
&
flNANCIAL QhROMCLE.
1889. by
[Entered according to act of Congress. In the year
VOL.
NEW
49.
W*.
B.
Dana A
YORK, JULY
INVESTORS' SUPPLEMENT.
and one copy of each issue is furnished, without extra charge, to all
regular subscribers of the Commercial and Financial Chronicle.
Additional copies of any issue are sold to subscribers at 50 cents each,
and to persons not subscribers at $1 each. No subscriptions are taken
for the Investors' Supplement apart from the Chronicle. Annual
subscription price to the Chronicle, including the Investors' Supplement, is $10 20 in the United States and $11 Ho in Europe these prices
covtr postage.
&, CO., Publisher*.
A
B.
102 William Street. New York.
Exchanges.
DANA
maps now published
Baltimore & Ohio
Buflalo Rochester
A
in the
calendar year to June 30, 1889.
In a general way it may be said that the course of
Supplement
-.
Page.
prices during the first six months of 1889 has been quite
different from that during nearly the whole of the two
15
18 and 19
17
21
After the money spasm in December,
years preceding.
1886, the tendency continued steadily downward, till a
23
27
25
29
change occurred with the effort to harmonize the relaOf course, in the intertions between Western roads.
val there were periods of sharp recovery, and certain
special properties and groups of roads followed an independent course. But as far as the general market is
concerned, the years 1887 and 1888 were distinctly a
In 1889, under an improvement
period of depression.
in the railroad situation, this tendency was reversed.
If surprise be felt that the upward movement in 1889
has not been so well sustained or so decided as some
Pittsburg
Canadian Pacific
Cape Girardeau Southwestern
Central KB. & Banking Co. of Georgia
Central RR. of New Jeisey
Charleston Cincinnati A Chicago
Chesapeake A Ohio
Chicago Milwaukee* St. Paul
Chicago A Northwestern
30
31
33
36
38
Chicago Ro k I-land A Pacific
Chicago St. Paul A Kansas City
Cincinnati New Orleans A Texas Pacific
Cleveland Cincinnati Chicago A St. Louis
Colorado Coal A Iron Company
Colorado Midland
Delaware Lackawanna A Western
Delaware A Hudson Canal Co.'s Lines
Denver A Rio Grande
.
Denver Texas A Fort Worth
Duluth South Shore A Atlantic
40
42
44
45
147
47
49
145
51
53
54
.
56
East Tennessee Virginia* Gtorgia
A T. rre
Haute
Flint* Pere Marquette
Georgia Carolina <s Northern
Gulf Colorado * Santa Fe
Hudson suspension Bridge A New England
58
59
61
62
63
Illinois Central
Jacksonville Tau.pa A Key West
Kansas City Wyandotte & Northwestern
67
69
Evansville
Kentucky union
Lake Erie * Western
Lehlth Valley
LoulsviHe Evansville A St. LouisCon.
Louisville A NiHhvule
Louisville New Albany A Chicago
Louisville New Orleans A Texas
Louisville St. Louis A Texas
Marietta A North Georgia
Mexican Central
Mexican National
Milwaukee Lane Shore
Milwaukee A Northern
Minneapolis St. Paul
Mobile A Ohio
A
t(5
71
72
74
8ee Evansville ATerre Haute. 58
76
77
'9
80
82
.
3
..
85
86
88
89
A Western
St.
Ste Marie
91
Monterey A Mexican Gulf
New York Ontario A Western
New York Hus(|uehanna A Western
Norfolk A Western
Northern Pacific
Omaha Dodge
City
93
96
99
A Southern
Oregon Pacific
Pacific Short Line
Pennsylvania
Pennsylvania Pougbkeepsie A Boston
Peoria Decatur * Evansville. See Evansville
Philadelphia A Reading
Pittsburg A Western
A
Terre Haute
Richmond A Danville. See Richmond A West Point Terminal
Richmond A West Point Terminal
Bio Grande Western
Rome Wafertown A Ogdensburg
St. Louis Alton A Terre Haute
St. Ixrais A San Francisco
Paul Minneapolis A Manitoba
San Antonio A Aransas Pass
San Franciseo A: North Pacific
Southern Pacitlo Company
T.xas A Pacillc
Toledo Ann Arbor A North Mich
Toledo A Ohio central Kx tension
Toledo St. Louis A Kansas City
Union Pacific
Zanesvllle A Ohio
St.
Following a previous practice, therefore,
showing the extreme range of prices on the New York,
Boston and Philadelphia Exchanges in each of the last
three years and also in the first half of the current
RAILROAD MAPS IN THE SUPPLEMENT.
railroad
1885.
we present on the two succeeding pages a statement
;
The
1889.
It is desirable to have at stated periods a record of
the fluctuations in stock values at the different Stock
The Supplement is published on the last Saturday of every othe r
month viz., January, March, May, July, September and November-
include the following roads.
Map.
Alabama Midland
Atchison Topeka A Santa Fe
Atlantic Atlanta AGreat Western
27,
C]
RANGE OF STOCK PRICES SINCE
TERMS:
WILLI n
Co.. In the office of the Librarian of Congress, Washington. D.
101
103
105
106
108
109
110
58
112
113
117
117
..Ilk
...120
...121
12:i
125
126
127
130
132
133
135
136
13ri
143
expected, the causes must be sought in the situation
The trunk line settlement of 1885 was followed
itself.
This led
rise in prices.
the
Presifor
a
similar
result
to
look
following
many
dents' agreement and the formation of the Inter-State
by a marked and continuous
Railway Association. But the problem in the latter
much harder and more complicated one. It
was difficult enough to maintain rates, but that accomplished there still remained the effects of the construction of a vast amount of new roads for which there
was as yet little business. Time alone could mend
that difficulty, and meanwhile the results must be
more or less unfavorable.
The very bad statements
of the 1888 operations, as submitted during 1889 in the
annual reports of the various companies, also contributed a depressing influence. Moreover, some of the
case was a
roads suffered severely from the effects of poor crops.
This is especially true of those having lines in the
spring-wheat section of the Northwest, like the St. Paul
& Duluth and the Manitoba, both of which touched
The
lower figures in 1889 than in either 1888 or 1887.
shares of Southwestern properties also sustained further
declines the present year. Finally, the Inter.State Association itself seemed in danger through the action of the
Chicago
&
Alton and the Chicago Burlington
&
North-
these things operated not only to check any
"
boom," but also occasioned
tendency towards a regular
a recession in prices towards the close of the half-year.
ern.
All
INVESTORS' SUPPLEMENT.
RANGE OF STOCK PRICES AT LEADING
DURING YEARS
CITIES
Year 1894.
koon,
Lowest.
(Vol.
Year 1887.
Lowest.
Highlit.
AND TO JULY
1886, 1887, 1888
Year 1888.
Low**!
Highest.
Jan. 1 to
1
IN
1889.
Jun> 30, 1889.
Lowest.
Highest.
XLiX.
Highest.
NEW
YORK.
RAILROADS.
A Susquehanna.
Atchison Topeka A Santa Fo
Atlantic A Pacific
Buffalo Koch. A Pittsburgh
Burlington Cedar Rapids
Canadian Paolflo
Canada Southern
Central Iowa
A
A
45
61
No.
Chicago
A
12
lot pref
pref
A Ind.
7
Jan.
Oct. 18
79
22>sJan. 5
64 Sept.24
Jan. 18
Mar 24 51
6
May
Deo.
2
8
i::'i.lati.
Apr. 30 21 >s Jan.
May
150 May
128% May
Alton
Do
Do
14
8>My 11
17
138
Chloago Burlington A Qulncy...
Chicago A East. Illinois
Chicago
Nov. 30
12
38
7
13
2d pref
Do
8ept 7 75
Feb. 17 73
34% May 4 71% Dec 6
Ohio
Do
Do
Nov. 9 134
Jan.
15 %
lit;
6 162
15 141
8 79
6
Feb. 13
Aug. 11
Aug. 14
Nov. 20
Jan.
8
pref
Coal
R'way
do
pref.
82% May 4 99 Sept 20
Chicago Milwaukee A St Paul
Do
do
pref.'lie
May 3 I25%8ept.2(i
'104% May 4 20% Nov. 19
Chicago A Northwestern
do
Jan. 18 144 Aug. 9
Do
pref... 135
Chicago Rock Island A Pacific. 1120% May 14 131 Feb. 17
9% Mar. 24 19% Nov. 22
Chicago St. Louis A Pittsburg
1
Do
pref. 20% Mar. 24
Paul Minneapolis A Oni. 35% Mar. 24
Mar. 24
do
pref. 97
Cincinnati Hamilton A Dayton. 105i4Mar.l3
70 Jan. 18
Cln. Indlanap St. L. A Chlo
Cincinnati Sandusky A Clevel'd. 32 June29
Cincinnati Wash. A Baltimore
2% JunelO
5 July 2
do
Do
pref.
Cleveland Columbus Cln. A Ind. 43% Mar. 24
Cleveland A Pittsburg guar
lie's Jan. 11
42 Feb. 25
Columbia A Greenville pref
Columbus Hocking Val. ATol.. 26% May 3
Jan. 19
Del. Lackawanna A Western ... 115
Denver A Bio Grande
14% Jan. 22
Do
do
Deo. 21
53%
pref.
Denver A Grande Western
Denver Texas A Fort W. oert
Des Moines A Fort Dodge
East Tenn. Virginia A Georgia
3s Aug. 13
do
2 May 6
Do
pref.
East Tenn. Va. A Ga. B'ynew. 11 Oct. 9
Do
do
1st pref. 67 Sept. 17
2d pref. 24 Dec. 15
Do
do
Evansville A Terre Haute
67% Jan. 29
15 May 4
Worth
A
Denver
Fort
City
8 Jan. 16
Green Bay Winona A St. Paul
43% Nov. 22
55
Chic. St.
Do
149
101
51
Harlem
213% Mar.
25 Mar.
Houston A Texas Central
130 Deo.
Illinois Central
Do
leased line stock 93 Jan.
Indiana Bloom. A Western, new. 12 July
Kingston A Pembroke
Lake Erie A Western
7% July
Do
do
pref
Lake 8hore
76% May
80 Jan.
Long Island
Nashville
Do
Do
Do
13
Oct.
1
Deo.
3
12 Nov. 19
75 >s Nov. 19
153 Aug. 2
60 Nov. 26
45% Nov. 20
144 Deo. 4
35% Deo. 6
63% Nov. 30
6% Jan.
A Chic.
2
156S
.
1
M
M
31 240
June30:200
Dee. 30| 20
16
Feb. 9 114
13 100% Fet>. 26 92
23
44%
143%
17
82%
32
100
Jan. 3
Jan. 13
Jan. 3
Apr.
8
55
17%
84
62% May
17
Oct. 25 225
Oct. 31 45
Oot. 18 138
Aiil'.
4 99
19
7
Apr.
212
Feb.
Jan.
12
Dec.
.
17
28% Jan.
5
12
Sept.20
Deo. 23
Sept 20
Oct 17
92%
Deo. 13
Deo. 13
Oct. 19
4 11% Oct
Mar. 22 83
Apr. 2 2T*i
Mar. 22 90%
Deo. 6- 46%
Oct 30 12
Jan. 4 237
May 16 23
May 28 113 Dec
May 16 93% Jan.
27% Apr. 1 9% Mar.
28%
47% Apr. 21 26% Dec.
15 22% Oot 19 13
24% May 16 12% Mar.
61 Apr. 29 40% Apr.
39%
3 100% Dec. 4 89 Oot. 14 98% June 30 85% Apr.
20 100 June21 85 Sept.20 99% May 14 87* Apr.
33% May 3 69 Deo. 9 54% Oct. 13 70% Apr. 14 50% Apr.
Mar 25 71 Dec. 3 30% Sept.20 67% June 11 30 Apr.
32
8%
2
Oof. 25
Oct. 3
63
20
Jan.
Jan.
Apr.
Jan.
Jan.
Jan.
86
20
4%
July 25
Dec. 13 235 Jan
Feb. 6
Apr.
3|123% Aug. 8 106 Feb.
5 98% June 7 94
Feb.
28 19"sSept.l2 10 Jan.
8 37% May 1 27 Jan.
22 19% Sept. 29 It! Jan.
2 55% Oct. 1 51% Jan.
2 104% Oct. 1 99% Mar.
2 95 June 25 90% Jan.
2 64% Jan. 9 56% Jan.
18 45 Oct. 12 37% Jan.
8ept.ll
Jan. 3
11
June 1
28 76% June 1
24 25% June 14
30 97 Mar. 4
23
4
21%
5
7%
Jan.
Feb.
2
8
11^251% Junel4
9 13% Jan. 2
13 117h June 5
15 99% May 27
2
3 12 Feb
4 52 June 6
26 20 May 28
4 62
May 28
18 107% Junel2
14 96% Mar. 4
4 72% Jtinel2
7 49% Mar. 8
1st pref
common
Jan. 2 175 Oct 16
Dec. 15 21% Mar. 6
May 19 69% Nov. 22
61% May 4 98% Deo. 6
22 Jan. 28 71%June 3
Do
do
50% Jan. 18 103 Dec. 9
pref.
16% Mar. 24 23% Nov. 19
Minneapolis A St Louis
Do
do
40 Dec. 15 52% Nov. 20
pref. . .
21 May 3 38% Nov. 30
Missouri Kansas A Texas
Missouri Pacific
100% Mar. 24 119 Oct. 14
11
Mobile A Ohio
May 22 21% Nov. 26
Morris A Essex
132% Jan. 9 144 June 18
Nashville Chat. A St. Louis
43% Apr 29 105% Dec. 10
New York Central A Hudson
98% May 4 117% Dec. 3
New York Chicago A St. Louis.
4% Mar. 24 17% Oct 18
Do
do
pref.. 11
May 4 31 Oct. 18
New York Chicago A St. L. new.
120
oonsol
Manhattan Beach Co
13%
Charleston
Michigan Central
Milwaukee Lake Shore A West.
29
Memphis A
.
.
.
.
Do
Do
>
11% Jan. 2
18% Dec. 7 9% Oct. 17
83% Deo. 9 52 Sept.21
35% Dec. 6 18 Oct. 17
91% Sept.15 80 Sept.20
25% Feb 1 21% Feb. 4
14% Deo. 9 7% Sept 21
. .
A
May
6% Nov. 23
.
New Albany
Manhattan Railway
Nov. 19
U6isNov. 19
.
f
Louisville
Louisville
Jan. 25 151
177
Jane 13
May 26 145 Jan. 19 u65 Nov. 21 154% Jan.
17 118% June 6 53% Dec 5 99% Feb. 20 39% Apr.
Jan. 2
58
14 15iJuuel3
7% Apr. 3 10% Jan. 10 61* May 14 8% Jan. 14
19 74% Apr. 6 32 June 20 50 Jan. 20 28 Apr. 2 30% Feb. 18
47 Mar. 1 50% Apr. 21 20 Aug. 8 29 Feb. 2 2<i Jan. 23 30 Jan. 11
4!)% Sept 20 63% Jan. 13 51% Deo. 5 62% Jan. 3 47% Mir. If, 57 June 6
49 July 30 61% May 19 45% Apr. 2 57% Oct. 1 50% Jan. 24 56% Feb. 14
2
4 Aug. 23 15% Jan. 10
Jan. 16 1 10% Dec. 14|
9 Jan. 31 15% Feb. 7
55% Jan. 3 86% Apr. 13 73% Apr. 2 95% Deo. 24 92% Mar. 16 114% June 18
14
Oct.
Mar.
26
28%
43% Apr. 12 26%
37s July 30" 33 Mar. 20 363 Jan. 16
2 Nov. 11
1
Mar. 26 I 22% Oct 1 15% Mar. 2 $22%.Tun- 3
9% Jan.
4 Nov. 11 17 Jan. 13
3% June 5 20% Oct.
Feb. 26 64
Mar 7
3 Nov. 11 11% Jan. 20
1% Mar. 26l: 21% Oct. 1 29% Feb. 27 35% June 3
130 Oct 27 155 May 16 132 Sept. 19 140% Feb. 10 125 Mar. 26 40 Jan. 23
155 Jan. 8 164 June 4 157 Dec. 13 165 Jan. 25 160 Jan. 5 165 June 23
123% Oot. 17 156 May 17 103% Dec.
130"sJan. 27; 89% Mar. 26 111% Jan 15
109 Sept.20 110 Oot. 17 40 Mar. 19 44% Oot.
40% Mar. 20 45% June 26
89% Mar. 2 99 Oct. 5i 94% Jan. 9 104% Jmu-26
38 Sept.20 67% Apr. 19 37% June 5 41% Feb. 211 42% Feb. 4 42% Feb. 2
85 Aog. 1 99% May 18 88 May 29 94 Jan 9
69% Oot 1 95 May 18 59% Dec. 1" 78 Feb. 24l 60% Mar. If. 75% June 6
110 Oot. 17ll27%May II 98% June 12 117 Apr. 27 97 Feb. 25 117 May 24
104% Oct. 17 127% June 7' 102% Apr. 2 116 Sept 4| 102% Mar. 2' 114 June 7
137% Oct. 17 153% June 7 136>4 Deo. 1 146 Sept.20 135 Mar. 29 143% June 8
109 Nov. 1 140% May 17 94% Dec. 19 114% Jan. 27 89% Mar. 26 101% May 27
12%8cpt.21 22 Apr. 22 11% July 23 17%8ept.29i 14 Jan. 15 19% Feb. 6
35 Jan. 27 52% Apr. 22 29% Mar. 31 41 8ep\28 33 Jan. 21 42% Feb. 6
Oct. 17 54% May 17 31% Dec. 5 42 "s Sept.28 30% Mar. 18 37
May 23
100 Oct. 17 118% June 7 92 Dec. 31 110% May 1, 8J Feb. 13 100% May 27
Aug. 8 155 Jan. 11 70 Jnne 1 76 May 15;
Aug. 31 104 Feb. 19 65% Apr. 2 95 Oot. 22 91% Jan. 9 113% June 13
Jan. 12 52 Jan. 12
t>8
7 Jan. 13
I
l%Dec. 29
1% June 22
Sept.19
4% Jan. 9
%Apr.
4% Sept.19 10% Jan. 14 3 Nov. 27 6 >s Feb. 24 1 Apr.
3% June 36
47% Oct 17 68 Apr. 11 42% Apr. 2 65 Oct. 1 55% Jan. 4 74% Feb. 14
144 Feb. 9 154 July 16 153 Jan. 5 159% Apr. 25 155 Jan. 11 161 June 5
15 Nov. 29 50 Apr. 4 12 Feb. 11 25 Apr. 1ft 20 Feb. 3 29% Feb. 13
15 Sept.19 39% Jan. 11 17 Mar. 21 36% Sept. 11 13% June 20 28% Feb. 7
123% Oct. 14 139% June 1 123% Apr. 3 145"Oet 1 134% Apr. 3 148% June 19
20% Oot. 14 32% Apr. 14 15 July 2 23 Jan. 6 15% Mar. 18 18 June 7
52% Oct. 14 68% June 4 43% Nov. 26 55% Oot 1 42% Jan. 31 50 June 12
12% Aug. 5 23% Jan. 13 10% Mar. 23 17% Aug. 7 11% Jan. 8 20 Mar. 4
15 Jan. 25 25% May 28
8% Dec. 27 15 June 13 8% Jan. 31 10% Oct. 13 6 May 13 7% Feb. 27
84% Aug. 18 99% Nov. 19 90e Oet.
7 May 4 13% Nov. 20
9>s()ct.
22% Sept. 23 351s Deo. 11 33% Jan.
Central of New Jersey
Central Paolflo
.........
Chesapeake
June 16 148
136
Albany
do
do
1st pref.
2d pref.
New York Elevated
New York Lackawanna A West.
New York Lake Erie A West
Do
do
pref.
New York A New England
New York New Haven A Hartf
New York Ontario A Western...
New York Susq. A West
Do
do
pref
Norfolk A Western
161% Apr. 20 77% June 12 98%Sept.ll 90 Jan. 3 109% Mar. 4
18% May 12 8 Nov. 27 12 May 10 7% Apr. 10 10 May 31
64% Apr. 5 47 July 27 58% Oot. 23 49 Jan. 11 70 Apr. 24
Aug. 1 95% May 19 72 Apr. 2 92% Oct. 1 84^ Mar. 16 92%,Tunel2
66% Jan. 6 94% May 18 48% June IS 80 Jan. 10 51% Jan. 7 95 May 27
98 Jan. 4 119 May 18 83 Mar. 27 104% Jan. 5' 91% Jan. 7 117% May 28
"
5% Dec. 29 20% Apr. 2 3% Mar. 28 9% Apr. 301 4 Junell 7 Feb.
15 Dec. 29 48%.May 31
9% July 6 18% Apr. SO 11 May 3 14% Mar. 5
16% Dec. 10 34% Apr. 9 10 June 11 18% Jan. ftl 10 JunelO 14 Jan. 14
84% Nov. 1|112 May 19 66% Deo. 5 89% Jan. 3' 64% Mar. 29 77 June 6
9% Deo. 13 19% Jan. 8 6% Mar. 2!) 13% Jan. 27 8 Jan. 1 14% Jnne28
127%Mar. 9 141% Feb. 11 135 Jan. 3 147 Nov. 27 144 Jan.
156% May 29
68% Oot. 141 88% Jan. 3 71 Apr. 2 85% Sept. 4 81% Jan. 12 99 June 12
101% Oct. 141114% May 19 102% Apr. 2 111 Sept.28 106% Mar. 16 110% Feb. 2
8
45
80
5% Mar. 21 20% May 16
17% Mar. 1 8 37% May 18
16% Dec. 29; 20% Nov. 18 12% Mar. 31 20%
64% Dec. 13; 77 Nov. 17 61% July 6 76%
||
||
30>i Dec. 141 42
200 Sept.24 200
Nov. 22
28
Mar. 31
45
Oot. 26
Oct. 15
Oct. 24
16% May 20 19%
67% Jan. 3 77
36 May 24 44%
Sept.24
Feb.
Feb.
Feb.
4
4
2
June 1 99% Oot 19 109 May 28 102% Jan. 9 112 Dec 14 109% Jan. 17 115 JunelO
38% Dec 4 24% Oct. 14 35% Apr. 12 22% Mar. 9 30% Oct. 1 26% Jan. 4 30% Feb. 18
71% Apr. 20
81% Sept.24 59 Oct. 13 76 May 23 52% June 13 67% Oct. V 61 Jan.
53% June 25
68% Oct. 5 34% Oct. 17 66 Mar. 29 29% Mar. 22 53% Oot. 5 41% Apr.
15
233
23
215
Jan.
4
244
Jan.
265
June 13
Nov.
24
208
Feb.
Dec
223
May
21j241%
15 May 3 22% Deo. 4 14% Oct 13 20% Jan. 3 14 June 13 19 8ept.l2' 14% Jan.
19% Feb. 7
Mar.
12
18
6 Feb. 1 12% Dec. 9
14
Feb.
14
28
7% Sept.20
9% Feb. 13
7%
11% Sept.
7% Apr.
17% Jan. 25 33% Deo. 18 24% 8ept.21 38% Feb. 14 26 Anr. 2 37% 8ept.29 30% Mar. 19 3o % June 12
24
23
Feb. 1
25
13
Oct.
17
Jan.
3
Mar.
13
Mar.
18
8 Mar.
23%
23% Sept.
14%
27% Dec. 6
15%
do
25 Jan. 25 59% Dec. 6 34% Oot. 15 55% May 16 41% Mar. 31 58% Sept.19 47>s Mar. 11 53% May 2
Do
pref
1
Paclno
22
3
11
5
June
25 Jan.
Northern
30%
29% Sept.
May 4 31% Dec. 4 20 Oot 12 31% July 18 19% Apr.
Do
53% Mar. 27 66% Deo. 2 41% Oct. 18 63% May 19 42% Mar. 31 64 8ept.ll 58% Mar. 16 68% June 3
pref
11
Mar.
27
Feb.
OhloA Mississippi
19% May 3 35% Nov. 22 21 Oct. 17 32% Apr. 4 17%
26%Septlll 19% Mar. 19 24
Do
79 May 6 91 Nov. 27 75 Deo. 16 93 Mar. 31 80 Deo. 17 84 Oot. 27 83% Apr. 5 90 June 27
pref
Ohio Southern
13% Mar. 24 22% Nov. 4 10% Oot. 17 22 May 17 10 Mar. 22 17% 8ept29i 12 Jan. 24 16 June 28
19% May 8 38 Oct. 9 12 Nov. 10 31 Jan. 3 13% Mar. 26 46 Nov. 12 39 Apr. 23 58 Mar. 6
Oregon Short Line
25 Mar. 24 38 Dec 4 16 Oct. 13 35% Apr. 7 17% Apr. 2 32 Oct II 30% Jan. 23 61% May 17
Oregon A Trans-Continental..
16 Mar. 24 34% Nov. 22 17% Sept.21 39% May 25 15% Apr. 2 28% Oct. 1 21 June20 28% Feb. 13
Peoria Decatur A Evansville.
18% Feb. 5 53% Nov. 30 34 Feb. 1 71% Nov. 16 644% Deo. 6 69 Aug. 11, 42% Mar. 29 50 Jan. 15
Philadelphia A Reading
Jan. 2 150 Mar. 6 145 Jan. 10 155% June 17 148 Nov. 22 155 May 14 H8 Apr. 1 156% June 8
Pittsburg Fort Wayne A Chicago 141
Do
132% Jan. 19 140 Mar. 5 140 Oot. 7 140 Oct 7 140 Jan. 12 140 Jan. 12 110 Feb. 11144 Mar. 7
special
17% Apr. 8| 29 June 6
Pittsburg A Western
Do
do
29% Nov. 22 38 Jan. 9 30 Jan. 31' 47 May 8
pref.
Rensselaer A Saratoga
155 Jan. 21 170 July 29 160 Oct.
170 Jan. 4 1103% Jan. 10 175 Dec. 10 175 Feb. 15 195 May 17
2 May 3 15% Nov. 15
Richmond A Allegheny
Oct.
11% Feb. 18! 8% Aug. 16 16% Oct. 1 14% Jan. 81 20% June 1
.
100% Jan. 20
22% May 3
50% Jan. 18
30% Mar. 24
204% Jan. 18
109
1
I
.
.
I
Richmond A Danville
Richmond A West Point
75
Mar.
1
27% Sept. 1
Deo. 30
Do
pref.. 79
Rome Watertown A Ogdensburg 25 Jan. 18
27 June 2
Bt. Louis Alton A Terre Haute..
Do
do
80 J tine 26
prf.
St.
Bt.
Louis Arkansas A Texas
Louis A San Francisco
Do
do
pref.
17
May
37% May
200
Nov. 15
il90
77% Nov. 23 20%
81
Dec. 31
96
46
95
Nov. 29
Feb. 3
Feb. 16
36% Nov. 16
72% Nov.
15
43
75
30
70
61%
Sept. 21
63
Sept.20
Oct. 18
Jan. 8
Dec. 2
Sept.19
Jan. 27
Feb. 2
87% Jan.
95
45%
84
25
19
55
Jan. 17
17
Jan. 17
June 6
May
Feb.
44% May
84% May
27
82%
35
1
12!
20
26!
June 8;204%June21
29% Oot. 24 22% Jan. 26
87% Deo. 12
94% July 25
Mar. 27 48% Oct. 1
Apr. 2|
Jan. 6
Feb. V6
73% Mar. 29 87 Dec. 13
6% Doc. 14 16% Jan. 16
22% Dec. 3 311 V Jan. 5
61%
Dee.
5
74%
Oct.
5
Jlly,
X
INYESTOKS' SUPPLEMENT.
1689.]
RANGE OF STOCK PRICES AT LEADING CITIES DURING YEARS
Year 1887.
Year 1886.
AND TO JULY
1886, 1887, 1888
Year 1888.
IN
1
ConclTdu
1889
Jan. 1 to June 30, 1889-
Btocks.
Lowest.
A San Fran., 1st pref
St. Paul A Duluth
Do
pre!
Ft.Paul Minneapolis A Manitoba
Southern Pacific Co
May
97
37
8t Louis
5 tie's
67
Jan. 18
Nov 13 107
June 2 105% Apr. 3
June 20 35% Nov. 14
May 23 89 Mar. 29
May 27 94 Apr. 2
36% Jan. 10 19 June 4
35% May 23 118% June 6
21 Dec. 12
28% Nov. 30 20
30
3
Feb.
Toledo
Union
44% Mar. 24 68% Dee.
Pacific
Wabash
St.
Do
A
Louis
14
pref.
A Lake Erie
EXPRESS.
Wheeling
Adams
I
American
_
1361* Dec. 21 150
101 % Jan. 28111
51 May 15 66
119 Mar. 26,1 30
United States
Wells, Fargo ACo
COAL AND MININQ.
9
21
anieron Coal
Colorado Coal A Iron
Columbus A Hock. C. A Iron
Consolidation Coal
Houiestake Mining
Maryland Coal
New Central Coal
Ontario 8ilver Mining
Pennsylvania Coal
quicksilver Mining
(
Do
A
Tennesse Coal
Deo.
Dec.
44
Oct. 17
13%
Feb.
pref
Iron
MISCELLANEOUS.
30
May
151
53
Jan.
5
74% June
23%
70
55
'.
67
3 111
Feb. 8
181108% Feb. 13
87%Jan.
16
June
June
51
8:
Dec.
34
6i
18
Jan. 12
Sept.20
89
May
May 4 L0% Sept 14, 79% Oot. 13
45% Dei. 15 67 Jan. 21 32%8ept.21
102% Oct. 141130% Nov. 17! 89% Sept.20
59% Aug. 24 92% J n. 26, 54 .Inly 28
128 May 3 147% Oct. 14 1(6 Nov. 9
J60% June 9 80% Nov. 30 67% June 24
Philadelphia Co., Nat. Gas
Pipe Line Certificates
Pullman Palace Car
Co
Weetern Union Telegraph
21% Apr.
17% Mar.
21
Oct.
Ocr.
Apr.
J.m.
9%
9%
6%
Apr.
25
70
45
Jan. 12
Feb. 23
Mar. 2
45
31
Mar. 2
12
Nov. 21
Feb. 23
Nov. IV
83
45
58%
115
'
Apr.
Feb.
Deo.
'
7
28%
8
72
~"
2
.luh
40%
2
Apr.
Dee. 20 10rt%
71% June 27 00
159% May 23 135% Apr. 3 175
90%
1
25
Apr. 2.
24
7% Apr.
7% May
81% Nov. 17 70% Apr.
14
Jaty 30"
Mar
16
21
28 11% Ja_ my
J an.
7 35% Jue28=
Juue 5 310 Feb. 25
Jan 30
Jan. 30
7% Feb 12:
39% Aim-. 9
42% Mar. 8
Jan. 23
48% Jau 16 61% May 29
80% Jan
89% June 77
f>
47
Mar. 19
Jan. 16
49
62
Feb.. 2(>
June 7"
92%Man
2
149% Juuel*
19% Mar. 26 35 Jue2577" 'Oct' "e 42% Apr. 5 72% Jan. 16-
107% Aug.
105% May 19 84% Apr. 2 97 May
101%
4V
31% Ap. 22
36% Feb. 1 J
21% Feb. 2.
28% Ja _16v
8
Apr. 17
5 % June
21
x2% Jan.
Fel>.
57% Nov.
1
14
irrue-19>
16% JuralE
30%JouelO>
71%Juuet T
24* Jan.
24
34 Sept.27 33%
295 Deo. 17 28J
13% Jan. 15%
41 July 11 35
3<S% Nov. 1'. 31
Mar.
liar.
Jan.
,59% Jan.
14% Jan.
No.-.
Jan.
67%
24
Deo. 2*
Feb. 17
Jan. 9
Jan. 1"
Dec. 24
13
15
33
23
32
58% Mar.
12% Jau.
4 144% Jan. 2 153 FelV:. 41
Nov. 14 109 Jan. 10 120% Juue 6=
Oct 11 73% J n. 4 95%Jnue 5>
June 23 134 Jan. 19 146 Junel*
28
21%
34% Jun*l 3
Oot.
25%
38%
Dec.
Dec.
Jan.
Jan.
9|
in
an. 28"
.
34
29% July 12 44
19 68% Mar. 29 (-3% Serf, i 80% Jau. 21
Nov. 25 103 Jan. 3 134 Deo. 2o 130 Mar. 18
54% May
Aug. 26
18%
10
6
14
14
60
96%8ept21 106%
Mar.
27
28 260
23
May
29%
27% Aug.
28% May
27
Highest.
Mar. 18 !l4%.Tn.l2r
Apr. 111 40%Jan14(
May 10 953, JSanv 1*
Apr. 17|10& Feb. J
82
92
Jan.
114% Jan.
Apr. 12 1<5
Mar. 22 113
Jan. 4 82%
Jau. 19 143
17
10
11
13
64% Jan.
74% Nov.
Oct. 11
Oct. 14
93
Pacific Mail
Apr. 27
Apr. 27
May 7
21% Sept. 19 54% Jan.
70%Nov.3(
65
50
July 30 25
Dec. 19 16
Jau.
Sept. 19 17
Aug. 30 18 Jan.
Jan. 4 27% Oct.
June 10 282 Jan.
4% Oct. 12 12 Dec.
23 Oct. 13 35 May
20
61% Aug.
105
49% Jan. 27 15 Apr.
53% May 19 2:1% Dec.
Oct.
Sept. 20
Oct. 10
4
31%
111
211
4 152 Aug. 5 137
Deo. 14 118% May 14 106%
Feb. 17 76
Aug. 31 67
Sept.20 137 June 6 128
31
Feb. 16
23 Jan. 6
20 Nov. 10
9 May 4 20 '4 Nov. 19
22 Dec. 15 30 June 2
260 June 21 262 Junel
4% June 2 9 Dec.
20 May 171 29 July 1'
*37% Dee. 22(118 Deo.
May
Dec.
9% Apr.
11
1
139% Jan.
Aug. 10 105
Feb. 26 62
June 22 120
104
116% July
63% May 18 - 8 Apr. 2 66%
22% May 6 12 Mar. 27 16 Jan.
38% May If 21 Mar. 24 30 May
64% Apr. 18 44% Jan. 3 t62 Oct.
2a % Feb. 1
35 8ept.2l
Feb. 12
43% Deo.
4H* Dec.
Jan. 13
May 4
19
American Cotton Oil Trust
American Telegraph and Cable
Canton Company
Chicago GasTrust
Consolidated Gas
Delaware A Hudson Canal
National Lead Trust
Oregon Improvement Co
Do
do
pref
Oregon Railway A Navigat'n Co
Sugar Refineries
May 3i524%
May 11 41%
6
Pacific
do
2
6
6
Lowest.
Highest.
Oct. 13 120
Oct. 14 95
Aug. 2 114%
Oct. 17 120%
55
Apr. 12
Lowest.
Highest.
99% Jan. 26.114 June 16 99
106% Jan. 19 124,% Oct. 14 94%
30% Mar. 17! 41 13 Apr. 24 29% Mar. 5
7% Apr.
Texas* Pacific
Ann Arbor A N.M
Lowest.
Highest
75
2
85
1
F, b.
15
Apr. 10 107% Jan. 3C>
Apr 23 102 Mar. 631% June25 40 Feb. 7
72 Mar. 9 87% Apr. 17
80
Mar.
Aur 23 95 Ju- e24
205% Feb. 1%
Sept.20 11171 Mar. 19
81%
86%
2
6
Oct.
S3
5
Oct.
Feb. 20 126
Jui
*_'
88% Juue
Jau.
6>
BOSTON.
(Prxeaper share, not
Par.
per cent )
Atchison Topeka A Santa Fe.100 79%
Boston A Albany
100 178
Boston A Lowell
100 118%
Boston A Maine
100 181%
Boston * Providence
100 185
California Southern
100
9
Central of Massachusetts
100
4%
Do
do
pref. 100 20
Cheshire pref
100 97%
100 54
Chicago Burl & North
Chicago A West Michigan ... 100 4 3 %
Cin. Sandusky A Cleve
50 13
Cleveland & Canton
3
100|
Do
do
pref lOOi 18
Concord
50 103
Connecticut A Passumpsic.lOO 82%
Connecticut River
100<172
Detroit Lansing A North
100 60
May 4 100
7 2(
May 25 136
Jan. 2 212
Jan.
Jan. 28 218
Jan. 25, 3^%
Jul v 10| 15%
Nov. 19
5 99% Feb. 20 39% Apr. 1 58%
13 203
July 14 201% .la,. 2 220
June 7 145 Feb. 14 164
Oct. 25 IAS
Feb. 20 152
Feb. 14 201
No-'. 13 216
1 26 S
2
Apr. 13 48 Jan. 29 260
Apr
Nov. 23
7% Apr. 25 11% Mav
25
Nov. 23 24% Feb. 27 10 Mar. 25 1 5%
12 32
Dec. 4 47
Feb. 27 23 Ap
90% Nov. 10 119% June 13 53% Dec.
Jan.
194% Apr.
Feb
152
May 27
June21
Anr. 3
Nov.2.i 197
Oct. 14 130
Oor.
21 220 Mar. 10
3 174 June 8
22 239 Mar. 9
15 250 Nov. 3
7 6 i% Apr. 6
17 33 Apr. 16
Oct. 17k 62% Apr. 16
Nov. 21 130% June 7
Dec.
Jan.
Oct. 28]207% Jan.
Mar.
Dec. 31|205
Nov. 20 33% Jan.
Deo. 30 15 Oct.
174%
229%
18
13%
Jan.
Jan.
2*
T
2
2
28 %
40-cDec. 30 33
Jan. 24
102 Nov 22 119 Jan. 27 100 Apr. 13 102 Ma- . 18Apr. 13 120 Nov. 27 102
39 Mar. 25 58 Jau. 17
Mar. 25 97 Oct. 16 60 D c. 15 97% May 1. 42 Aul;. 30 iu Jan.
Aug. 1* 64% Nov. 6 40 Oot. 10 60 Jan. 13 30 Nov. 23 42 Jan. 3 27% Juue 25 37 June 12
18 Sept. 21 29% May 17 13% Apr. 3 24% Nov. 16 23 .la 11. 3 26% Jan. 30>
May 7 25% Dec.
Mar. 24'
8%0 t, 15 6% Oct. 21 12% Mav- 19 6% Apr. 2
9%8epl.20
% Juu 10 8% Mar. 4
Aug. 20 29 Oe. 15 22 Oct. 17 42 May 19 26 Jnue22 33 Feb. 2
28% Apr. 27 30% Jan. 25
2(12o
II
17
110
Jan.
7
20
141
25
139 Oct.
130 Dec.
Aug.
29 Feb. 2 138% Junell.
S.'pt.
Aug.
Jan. 28 112
Dec. 311100 Oct. 21 115 Mar. 2.S 106 Jan. 25 112% July 12 110 Mar. 25 114 Ma\
1
Jan. 23 194
Dec.
23
1
Dec. 13:186
199 Apr. 28 184% Mar. 22 IMS Aug.
192 Jan. 7 196% Apr 18
Mar. 31 65 Apr. 20: 50 Apr. 30 54% June 1 20 Oon
JO Oot.
I
Do
do pref.100 100 Jiin< 24 109% Jan. 7 1(0 Dec. 20 115 May 25 85 July 26 100 Jan. II 50 June 7 65 Apr 17
Eastern
100 68% Jan. 4 129% Nov. 10! 99 Sept. 27 142% Mar. 1" 76 Nov. 21 125 Feb. 21 79 Feb. 14 96% J, v "27
Do
126 Oct. 5141 Jan. 25 121 Dec. 20 135 Aug. 10 116 Mar. 14 129 June 27
pref. 100
Fitehbnrg
100 115 Apr. 9145 Nov. 17 t90 Aug. 24 142 Jan.
70% Oct. 27 i<7 Ja 16 63% Mar. 19 77 Jan. 2
Flint A Pere Marnuette
100 17 Jan 18 34% Nov. 4| 23% Oct. 251 37% May 31 25 Jan. 11 47 % Apr. 25 26 May 4 31 Mav 23
Do
Do pref.100 82% Jan. 5 100 Nov. 4 93 Feb. 5 107 Alay 19 95 Nov. 28 110 Apr. 25 95% Apr. 1 100 Jau 4.
Kansas City F. Scott A Gulf. 100 70 Oct. 9i 80 Apr 9 68 Sept, 21! 81 Nov. 25 79 Jan. 3 88 Jan. 27
Do
pref.lOO|l33 Jan. 5 135 Jan. 12;i28 Deo. 8 135 May 14 133 Nov. 10 145 July S 135 Feb. 5 140 Juiel2
Kan. City Ft. Scott A Mem.. 100
68% Nov. 15 77% July 1. 70 Jan. 14 80 Feb. 7
Maine Central
100 115 Mar. 29 147 Nov. 9" 125 Sept. 28 159% Jan. 28:125 Feb.
1 -5
Aug. 15 19% May 13 125 Jan. 23
30 Jau. 12' 43 May 26
100 25 Mar. 24 42 Nov.
Marquette Hough. A Ont
Do
do pref.100 75 Feb. 10,109 Nov.
100 Feb. 211100 Feb. 21
Mexican Central
new. ICO
11% Oct. 17 19 Mav 161 10% D'o. 5 16% Apr. 23 12% Jan.
4% May 19 14% Dec.
16% Ju ei4
New York A New England.. 100 30% Mar. 24 68% Oct.
34% Oct. 17; 66 Mar. 30, 29% Mar. 22 53% Oct. 5 41% Apr.
53% June25
Do
2 151% Oct.
99 Sept. 22 142 Mar. 3o 102 Mar. 13 1.(1% Apr. :o ll.i Apr. 20 123 Junel-f
pref.100 Ill Jan
Northern
126 Jan. 5 153 Apr. 8,140 Jan. 9 148 Oct. 4 41 Jan. 15 152% June24
100 123 Apr 28 128 Feb.
Norwich A Worcester
100 170 Jan.
180 Mar. 29 175 Aug. 111185 Apr. In 177 Feb. 14 179% Nov. 7 175 Jan. 31177 Apr. 13
22% Feb. 4 13 June 28 2,< Mav 16 6% Apr. 28 11 Ma 26 5"4 Apr.
Ogdensburg A L.Champlain.lOOi _14 Oct
6% Apr 20
184 Nov. 24 172 Dec. 19 193
Mav 16 163% Junel5 176% Jau. 7 166 Fb. 20 177 M..V 2>
OldColouy
1001157% Feb.
Portsmouth G't Falls A Con.. 1001 54 Jan.
118 Nov. 10 90 Sept. 29 124 Apr. 29 100 Oct. 2 117 .luni-29 75 Apr. 24 87% Feb. 12
Portland Saco A PortsmouthlOO,123 Jan.
133% Nov. 22 116 Oct. 11 136 July 5 118 Jan. 4 125 Julv 19 121% Jau. 7 126 Feb. 25
Revere Beach A Lynn
100 120 Jan.
143% Oct. 30 140 Feb. 15 155 Nov. 3160% M.,y 25 161 Aug. 14
"
Rutland
100
4 Jan. 4
9% Nov. 30 5 Nov. 22 11 Apr. 23 4 Oct. 24 7% Jau. 3 4 Apr. 2 4%'Apr. 6
Do
100 21% Jan. 2 39% Nov. 30 34 Feb. 7 50 May 1 1 32 Jan
pref
40% June27 37% Jan. 28] 41 May 21
Summit Branch
5o
8
Mar. 20 n%Fe-'. 1:
7% May 5 13 Jan. 12 8 Oct. 13 14 vinr. 9 8 Mar. 8 12
uly 8
Toledo Cln. A St. Louis
50 10c. Apr.
30c. June 19 10c Apr. 26 Inc. Jan. 18
16c. Mar. 16
7c. Mar.
Vermont A Massachusetts.. 100 134 Jan.
137 Juue22 133% Nov. 17 142% Mar. 2 131% Oct
136 July 17 129 Apr. 20li35 Jau
3West Eud, pref
78% Oct. 17 90 Aug. 24 73 Mar.
85 Nov. 15 80% Jan. 2! 89 Juuo *
100|
Wisconsin Central
26% Nov. 20 15% Oct. 17 .i0 Ai.r. 5, 14% Apr.
Jau. 9; 25%June2tt
100] 15
May
1!)% Apr. oO 15
Do
Jan.
38 Nov. 20 30 Dec. 17 52% Juno 3. 33 Mar.
pref
lOOi 25
41% Oct. 3 34 Feb. 6| 61%June25
Worcester Nashua A Roch...l00 114% Feb.
142% July 14 137% July 9 142 Mar. 2,122 Apr.
131 June 13 118 Feb. 20,125 Juue 8
July
8
.
.1
<
1
'.i
.
1
!
.
1
1
1
1
1
.
1
.
1
1
PHILADELPHIA
{Prices per share, not
per
Buffalo N. Y.
cent.)
A Phila
2% May
50
Catawissa
50|
Do
1st pref
Do
2d pref
Hunfdon A Br. Top
Do
pref
9
Jan.
Jan.
Jan.
50 22
Feb.
50
!
Lehigh Valley
50]
Little Schuylkill
Mlnehlll
Nes<|iiehoning Valley
50
50
iti
New
stock.
29
1
81%
Feb. 26
6(1% Oct. 14
69
31% July
25
53%
231
Aug.
Aug.
.1
62
t.
60%
Nov. 30 17% Feb.
Mar. 8, 210 Sept.
Deo. 31 58
Oct.
Jan. 21
53
Nov. 13
27
249
9% Oct.
Preferred.
71
46%
iM
Nov.
Ma-.
ii
I
Dec. 14
63% Dee. 27
55% July 15
76
60
Apr.
Dec.
O
6
6
Jan.
56% Jau. 10
54% Jan. 15
18 May 19
3.1% May 23
in57%
Sept.
Mar.
Feb.
Jan.
Mav
23
Mar.
June 7 113%8ept. 61120
99
81%June2ll 76% Jan.
51% May
50 19% Jan.
I
49
45
124
5'i
50
9%
United Companies of N.Jer.100 206
West Jersey
... 50
51
WestN Y. A Pennsylvania. 100
ehigh Navigation Canal. .. 50 46%
huvlkill v,. v i.r.r
... 5|
5
10% Nov.
Sept.28
Oct. 2x
Nov. 10
Nov. 1
Feb. 10
12
12% May
July
Sept. -9
53% Dec
Nov. 91 50% Mar.
65% May 27 50 Mar.
;6%May 5 52% Aug.
62
61
Jan.
58%Jan.
."4
Mar.
50 110 Jan.
50 69 Jan.
50 69% Jan.
A Erie
A Reading
Ex-rig
57%
17%
36%
.'0
Norristown
Northern Central
North Pennsylvania
Pennsylvania
Philadelphia
Philadelphia
25
60
55% May
55
9
12%8ept.24
15%Jau.
50 53
50, 50
8
10
July
Mar.
5314 Jan.
13% Jan.
36 Jan.
51% Apr.
60 Jan.
61% Jan.
63
o.
Juno 25
My
26% June
31% June 3
35% Nov. 22 a22% Dec.
218 Junel- 212% Jan.
61% May 11 58 % Mar.
11
May
9| 51% Jan. 22
46% Mar.
"
r-iro.
111
4
Am.
:
14
65%
53 % May
28 120 Jau.
65 J line
Feb. 21 76% Jan.
Air. 15 52%
D
11% Jan.
54% Jan.
.
Purchasing committee receipts.
||
Sept.
Oct.
Oct.
21% Sept
47% Dec.
57% 8ept,
70% ^ept
71% Nov.
56% Deo.
122% Nov.
90
85%
50%
32
3
1
223
Feb.
Nov.
Oot.
Deo.
%
Feb.
Nov.
66% Nov.
1 5 % Mar.
52 % Sept.
ft
Mac.
Ex-rights.
11
Feb. 19
13
60
June 19
63
58% May 23
61
44
Mar. 28
Mar. 16
53%
Apr.
18
2
1
Mav 23
Mar. 27
Feb. 11
5
% Jan
48%M,*y
1
55 Jan. 16
8 70% June lo
26
73 Feb. 27
Apr.
May 27 56 Jan. 1
122 J. in. 4 131% Mar. 13
74% Jan. 14 76% May 6
8 % Feb. 15 88
May 22
50% June 3 56 Feb. 6
28 June 10 31% Jan. 4
21% Mar. 29 25 Jan. 15
22 % Jan. 4 234 Junell>
65% J une 27 68 Jan. 21
In '4 J-iuelO 14% Feb. 7
51 Jan. 3 55 % June 15
6Si4Jan.
70
53
1
1
o Trustee's
certificates.
STOCK AND BOND TA
B L E S
.
NOTES.
Thru- tables an <-xi>ri 'Hf.lv luti inlnl to In- used in connection with the infonn.'itlon concerning investment matters published from week U>
week In the Ciik>>si< i.k to which un Index lf> furnished In the remarks on each pave. Annual reports are In black-faced figures. The dividends
as we l'Ivc tin in In the ri'iniirkH urv those paid in the year named, or Mich an have been declared and will be paid in it. In many instances these
dti iilemls arc | aid In part out nf the earnings of the pi. ceding year, and hence it is that the dividends appearing in connection with the earning*
el a * ear often differ from the dividends paid In the same year.
The following will gl\ e explanations of caoh of the columns of the tables below:
"
s. f. far "sinking fund
Dssmption. - Railroads leased are soniet lines given under the lessee's name. Abbreviations used are : M. for "mortgage;"
"
1. gr. ror -land grant;" r. for "reglhteredp' o. for "ooui>on;" c* for "coupon but may be registered;" o. A r. for
coupon and registered;" br.
lor "branch:" guar, for "guaranteed;" end. for "endorsed."
Deb / Bonds. The date of Issue is referred to in thlB column.
Miii j if Kiwri. Opposite stocks, this means the miles of road operated ; opposite bonds, the miles covered by the mortgage.
ttti r Far Value. Tin se tiguies are dollars, showing the del omtnatlons or par value. The figures "100, An.," signify $100 and larger.
halt Per Ctnt. The inteiesi / ,r ammtn Is given for bonds, but the per cent of iastditidend for stocks; g. means gold; x, extra; s. stock or scrip.
Wktu I'ayable.J. A J. Mantis for Jan. A July F. A A., Feb. A Aug.; M. A 8.. March A Sept.; A. A O., April A Oct.; M. A N., May A Nov.; J. A D.,
June A Deo.; Q. J., Quarterly from January; Q. F..
quarterly from Feb.; Q. M quarterly from March.
*
fhe date in this column shows the period when the prlnoipal falls due of bond$, but the time
&t,di,princi]>al when uue ; Stocks, taxi dividend.- Th<
when the last dividend was paid on stocks
:
UNITED STATES BONDS.
July,
STATE SECURITIES.
1889.1
Subscribers win confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
For explanation see noteson
Are'
Date of
Size or
Amount
Bonds.
par
outstanding
page of tables
Value.
Kentucky Bonds, gold
Military bonds
Louisiana Relief of State Treasury and mlscel.
1884
1866
1853
Bonds in aid of various railroads
Bonds to Boeuf A Crocodile Navigation Co.
do to Mississippi & Mexican Gulf Canal..
do scliool, held by 8t. Treasurer
"1870
1869
. .
do
to N. Orleans, Mobile A Chatt.
do to N. Orleans, Mbile A Texas
N. O. Mob. A Texas RB. bonds, end.
RR
RR
by State
Consolidated funded bonds (stamped 4 per ct.)
do
Constitutinal bonds of 1880 . .
"Baby" Donds and coupons, overdue
c&r
Maine. Municipal war debt assumed
.
New bonds
Maryland
r
r
Railroads and canals
r
Eastern Shore Railroad
c
Baltimore & Susquehanna Railroad.
r
Baltimore A Susquehanna Railroad
r
Annapolis & Elkridge Railroad
r
Defense redemption loan
c
Treasury relief loan, 10-15 years
r
loan
of
1886
Exchange
do
do 1889 ($4,381,067) taxfree.gold
Massachusetts Bounty Fund Loan, gold... o*Ar
i
do
Tr.
AG.RR
do sterling,g
c*Ar
C'Ar
do
home, $216,500 due Apr.,'91.c"Ar
do
do
sterl'g..c**r
do
do
steri'g..c*&r
do
do
gold, d'rb'asc'Ar
do c**r
do
do
gold,
do
c*<fcr
do
do
gold,
Southern Vermont Railroad Lx>au, gold..c*Ar
Boston Hartford A Erie Railroad, sterl'g.. Cat
Harbor Land Improvement (5-20.-0, gold cMcr
Danvere Lun.Hos ($900,100 due '94),g'd.e*r
Lunatic Hospital, Worcester, gold
New
State Prisons, sterling
Armory bonds, gold
State House Construction Loan
Michigan
Minnesota
c"*r
c*4r
r
r
Wat Bounty Bonds
1857
1870
1871
1869
1874
1?80
1880
1869
1889
Funding bonds
do
5-20years
Hannibal A St. Joseph Railroad, renewal
State school fund certificate of inde'tt
State Seminar}' certificate of indent
Bonds (act Feb. 14, 1877)
Kebraska
Hew Hampshire War
o*
reg. stock. ( stitution.
Niagara Park I>ian bds. (hell in trust funds)
.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100 Ac.
500 Ac.
100 Ac.
186
1889
1864
1864
1858 to '61
1861 to '63
1871
1875
1873 to '74
1875
1877
1860
1868 to '69
1874 A "76
1874 A '77
1875--76
1875
1888
1889
1865
1881
1872
A
coupon bonds
loan,
500
1839
1837
1839
1839
1882
1878
c
1874
c 1886
'87
c
1874
Municipal war loan
Loan of 1879 for refunding,$100,000duey'rly
Prison loan, $14,000 payable yearly
Sew Jersey War loan bonds, tax free
do
do
taxable
c
I
Nev York
Canal debt,< Under Art. 7, Sec 3, of Con-i
1,000
1838-47
Adjustment bonds, (10-30,red.'92).c
University and Lunatic Asyl'm bds.c
c
Penitentiary indemnity
State Bank stock refunding
o
1874
Bonds to Platte County Railroad
c 1859 to '60
It issouri
$1,000
1877
1864
1872
1879
1879
1863
1864
1875
1873
1874
1885
500 Ac.
*100Ac
*200Ac
500 Ac.
200 Ac.
JB500
1,000
1,000
10,000
5,000
*200
1,000
1,000
1,000
500
Various
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100 Ac.
1,000
1,000
100
100
100
100
100
Ac.
Ac.
Ac.
Ac.
Ac
1,000
$500,000
174.000
43,11*
162,000
80,000
260,000
48,000
70,000
2,500,000
875,000
11.796.400
217,650
1,386,444
2,187,400
2,560,000
309,485
31,069
269.000
298,435
62,605
3,000,000
500,000
1,898,829
4,200,000
4,379,500
4,022,649
447,718
1,366,500
3,618,242
1,506,182
300,000
1,300,000
370,000
200,000
3,618,729
300,000
1,500,000
1,100,000
1,299,355
815,000
2,500,000
229,000
3,965,000
185,000
24,000
80,000
428,000
617.000
7,000,000
659,000
3,134,0 ;o
535,000
449,267
150,000
2,206,100
300,000
23,000
702.900
593.400
473,000
3.683.200
1,986,000
700,000
Kentucky. Against the bonds as above the sinking fund held
723,235, Sept., '88. Valuation in 1884. $377,8S8.542. In 1886, person$95,654,572; real estate, $293,204,320; In 1888, personal, $131,184,404; real estate, $361,184,404; tax rate, $4.75 per $1,000
Louisiana. Jan. 1, 1888. total adjusted bonded debt was $12,014,"
050: floating debt (including baby bonds, et\), $2,797,123; old
fundable at 6 per cent, $04,115: old bonds not fuidanle, $3,053,000.
The constitutional convention of 1879 respectingtbe State debt passed
an ordinance providing that Interest on the consolidated bonds
should he paid at the rate of 2 p. c. for 8 years from Jan. 1, 1880, 3 per
cent for the ensuing 15 years and 4 percent tin-realtor; also, tliat holder? might exchange their bonds at 75 cents on the dollar for new bonds
bearing 4 per cent interest (the so-called, constitutional bonds), but only
#217,660 of these new bo: ds were Issued. In 1*84 an amendment to the
ordinauce was ratified, fixing the interest on the consols at 2 per cent
for 5 years from Jan. 1. 1880, and 4 per cent thereafter (doing away
with the 3 per cent altogether), and providing that the reduced rate
should be stamped on the bonds and coupons. This took effect Jan. 1.
ind since then no distinction has boon made between the conBtintional and consolidated bonds, both being called consols. The baby
bonds were issued to fund certain obligations of charitable institutions.
A suit by the State of New Hampshire against Louisiana, as assignee of
her bonds, was decided in favor of Louisiana \yy the U. S. Supreme Court.
In 1887 assessed valuation was: Country parishes. $80,82.), 501;
parish of New Orleans, $125,096,250; total, $21 1.(125.751.
Maine. The debt January 1, 1889. was $3,935,400; sinking fund
wsets, $1,203,000; net debt. $2,735,400. The new 3 per cents were
authorized to retire bonds due Jute, 1889. They fall due $50,000 yearly
1890 to 1901, then $70,000 yearly 10O2 to 1911, th^n $78,000 yearly
1912 to 1021, and $00.00 J yearly 1922 to 1029. Tax rate for 1885-6,
3-75 on valuation of 1881 *235,00,000; tn 1889 $2 75 on same valuation. (V. 48. p. 389, 452.)
Maryland. Total funded debt Sept. 30, 188^, $10,370,535; sinking fund assets, $1 ,620,096. The State has largely assisted canals and
railroads, and nolds $5,154,435 of stocks and bonds ranked as productive; the State also holds $21, 85", 738 In unproductive securities, which
Includes $20,177,160 on account of Chesapeake A Ohio Canal.
The
"Defense Loan" is Beared by a special, tat of S'a cents yearly.
Assessed valuation, Ac. have been:
Years.
Real A Personal. Tax per $1,000.
1886
$1 87i
$476,829, 611
1887
1 87>s
485.839,772
1888
1 77^
490,016,183
-'V. 1, p. 028; V. 40, p. 62.)
Massachusetts. The funded debt, Jan. 1, 1889, was $28,851,619;
sinking funds, $23,2:t5,609. The Hoosao tunnel and connections, which
cost the State heavily, were, sold in 1887 to Fttchbnrg RR
Cities in
this State an- allowed to Incur permanent debt to the amount of 2h per
cent of average valuation of the three preceding years.
al.
,
When
Rate.
INTEREST.
Where payable and by
6*
6
6
8
730
6
8
8
8
A
A
N. Y., U. S. Nat. B nk,
Frankfort, Ky.
J.
D.
D.
J.
J. A. J.
$11,000
Various
105,000
J. A J.
80,000
M. A S.
260,000
Various
48,000
J. A J.
70,000
A. A O. 2,500,000
875,000
A J.
A J.
a j.
A. A O.
J. A D.
Q.-J.
A. A O
J.
J.
(7)1
4
3
6
3
5
5
3
N. O.
6
3
3g.
-
2 g
5g.
5 g
-
-
l g
g
g
l
l
-
J.
J.
J.
M.
M.
M.
A.
J.
J.
-
-
5*
3
7
4is
6
6
6
6
6
3ia
6
8
6
6
5
5
6
A O
A J
A J.
A J.
A J.
AN.
AN.
A J.
M. A 8
A. A O.
M.A N.
J. A J
J. A J
J. A J,
J. A J.
J. A J.
J. A J
J. A J
J. A J.
J.
A. A O
M.A S
A J
A J
A J
A J
A J
A O.
A J.
A. A O.
J. A J.
? g
g
2
6 g.
-
2*
Jan."ii 1914
Jan. 1,1914
Overdue, 1886
Augusta, Me.
A Meroh.
do
do
Farm.
do
do
do
do
do
do
do
Oot. 1, l*-<
Bk
do
do
do
do
do
1890 tn 1929
189U
April i, 1890
1890
Jan. 1, 1890
April 1, 1890
Jan. 1, 1899
Jan. 1, 1893
1900 A 1901
After July 1, 1903
May 1, 18U4
May 1, 1894
18'
Boston, Treasury.
London, Baring Bros.
April,
July
Jan.
July
July
do
Boston, Treasury
do
do
do
do
do
do
London, Baring Bros.
do
1891 A '93
1, 1891
1. 189ft
1, 1894
1, 1895
Sept. 1, 1897
April 1, 1890
Jan. 1, 1900
Sept. 1, 1896
Boston, Treasury.
Boston, Treasury.
Janl,'94-Sepl.-T
do
do
M'y l,95-6c;:l.Vo
Jan. 1, 189*
London, Baring Bros. A Co.
Boston, Treasury.
Sept. 1, 1918
April 1, 1909
Boston, Treas. office
>lav 1, 189<.
N.Y.,Am.Kx.Bk.:Det.ALa'g
Jan. 1. 1912
N. Y. City, First Nat. Bk.
N. Y., Bank of Commerce
July 1, 189*
do
do
April 1, 1895
do
do
Aprii 1, 1894
do
do
Aug., etc ,'9v A'90
do
do
July, 1894 A 1
do
1906-7-8
do
do
do
1894-5--7
N. Y.. Kountze Bros.
Bk. Comw'lth A Con.
Bost.,
do
do
do
do
J.
6
A Co
do
Boston, Treasury.
A J
A J
A J
A J.
A 8.
AO
A J
A J
Various
Various
,
'
London, Baring Bros.
do
do
Various
Various
J.
J.
J.
J.
N.Y., Wins.. L.
1, 1890
1899
1897
July 1, 1910
April, 1911
Jan.
fundable,
report of
Jer
an. 1, 1888.
Augusta and Boston.
Bait.,
J.
Q.
A.
3-65 J.
Amounts not
t
do
Quart'y
8
A
June, 1905
Jan.. 1896
July, 185*3
1872 to 1906
Last paid Jan., 1885.
jr.
l g
2 g
Whs
Prinolpal
due.
Payable
do
do
Jersey City and Trenton.
do
do
April
1
Jan., '97 toli'OS
Oct., 1.1893
do
do
State Comptroller's
1897
July 1, 1890 *9
Jan., 1890 A 91
Jan., 1880 to -96
N. Y., Manhattan Co. Bank,
do
do
1,
Sept. 1, 188'
Jan., '92 to 1908
July
1,
1891
Oot. 1, 1892
Offl' e.
$10O,O0OJ'yl,yiy
Personal
Real
Total
Sinking
Funds.
Estate.
Debt.
Property.
$1,258,452,712 $829,339,811 $31,423,080 $17,731,725
1,340,493,673 839,401,214
31,4^9,680 18,964,412
31,429,680 25,151.517
1,407.660,0S6 901,865,934
28,851,619 23,235,608
1,460,520,022
Micnlgau. The debt is oractically extinguished, as the sinking fund
las sufficient assets to pay the bonds.
Minnesota. --.Minnesota refused for some years to recognize the
"State Railroad Bonds" of 1858, to the amount of $2,275,000, bat a
compromise with the holders in 1881 was carried out by the issue of
the 4!j per cent bonds. Sinking fund assets Aug. 1, 1888, about
$1,994,210. Taxable valuations and State tax pe. $1,000 have been:
'
tears.
1884
1886
1887
1888
State
Real Estate.
Personal.
Tax Kate.
$1-80
$110,781,118
$80,300,000
1-90
94,846,600
391,723,360
170
1888.
454,677.586
122,626,000
Missouri. Total State debt Jan. 1. 1889,was $13,197,000, inoludlng
school fund and Seminary certitteates of indebtedness, $3,672,000.
The tax rate Is $4 per $1,000, $2 being for interest and sinking Tund
ionds
and $2 for revenue. All surplus reveuue goes to sinking fund
maturing la '88 wt- re funded iu 5-20year bonds or pal from sinking fund.
The following is a statement of the assessed property In this State.
1885 tax of '86. 1886-taxof '87. 1887- tax of '83.
Real estate
$552.y45,906
$519,771,078
$518,803,118
Personal property .... 181,133.128
185,474,007
182.070,408
Railroad property, Ac.
46.444.838
49,346 ,327
51,271,162
Total
$751.3S7.813
$789,691,145
$746,381,081
val uAssessed
holds
The
school
fund
State
Nebraska.
$326,267.
atton of real estate, personal, railroad, Ac. (SB's per cent of true value,
and tax rate per $1,000, have been
Years.
1885
1887
f
:
Valuation.
Years.
Tax Rare.
$8M2'
$160,506,266
7'50
175,815,355
New Hampshire. The debtof New Hampshire was created for war
put poses. The Municipal loan of 1872 was Issued to cities and towns,
the proceeds to be applied to their war debts. Total valuation in 1883
$227,914,543; in 1884, $231,340,088; In 1887, $241,843,617; tax rate
for State purposes nearly $1'66 on $1,000 of valuation; average tax
1887
1888
rate for all purposes, $13-80.
New Jersey.
The debt was oreated
for
war purposes. Valuation
and personal property (taxable) was $586,117,360 In 1887.
1(565,500,687 In 1885; $554,828,114 In 1884; $548,495,069 in 1883.
State school tax for 1 *87, $2 48 per $1,000.
of real
New
York. Niagara loan b'ds are held by State in its trii" funds. The
sinking funds Oct., '88, amounted to $4,07-1,129. Tho uew Capitol buildlias
cost
the State tnusfar $17,014,875, paid for by taxation, "aluaing
tious and State tax rate per $1,000 in '8? and torfouryears previous were
INVESTORS'
Mih-riii.-r
will confer a
;rfi favor
o*
o*
aSa-Or. RR construct, bds. fd. Into new 6s. o'
-Kefimdmg N. C. RR. bonds (tax reoelv. ops.)c*
KK.brtu (Chatham and W.&T.)
not
)
'
> recng
Penitentiary bonds
> nlzed
Special tax bonds (In 3 classes)
Boids (pay. $250,000 yearly July 1) ..
aTV H MjrtcnwKi Keg. bonds, tax fr. (red'l)le '921. r
Keg. bonds, tax tr., due 1904, red after 1894.
r
Loan of 1882 ($1,754,900 are 3 ss)
do. <lu lOser.)
land
Agricultural College
scrip
OMe
i
Ww
War
bonds
4BouM
Car.
Jtlatui
War bonds
c*
o'
Con v. bds., act Mar.23,'69,not f mid.
State Honac bonds
fundable
)
'Various old bonds and stock
> into brown
l; u<
Railroad
bonds
consols
)
ftldge
Coaeol. brown and green (see remarks)
bonds
and
stock
(blur)
Refunding
Agricultural College scrip, one piece
5*eesee Fund, bonds, act of 1873 (red at 100)
Bonds registered, actof 1873
Held by E. T. University (not to be funded)
iomiproinise bonds (actof 1882)
Hew eett lenient 3s (act of 1883), red. at 100
-New -settlement 5s A 6 (aot '83), red. at 1 00
Mas funding State debt 'act May 2, 1871).
1
Defense, gold, act Aug.5,'70(red.aft.Aug.5/H0)
Mevenue deficiency bonds, act Deo. 2, 1871
Bonds, act Mar., 1874 (tor paying tloat'gdebt)
Bedemptlon of debt, act Aug. 6, *76
Bonds, act April 21, 1879
Sonde, act ot 1885
Wirginia Old bonds, funding rate 69 p. o...
Old bonds sterling, funding rate 69 p. o
Ooueol. (act Mar. '71), funding rate 53 p. c
do
do
do
do
do (act '72) '* Pealer,"' fund, rate 69 p. o.c
do
do
do
'Pealer,"
Deferred certificates (W. Va.)
fund,
tiO
rate
% eAr
IC-Ms, act March 28, '79,
do
do
sterling, fund, rate 60 %
*'
RMdleb'r" b'ds, 18-508. acts *82. A '84..cAr
Tax-receivable coups, incl. those of Jan., '89
. .
[Vol.
XL X
^Ivlns Immediate notice oi any error discovered la these Table*.
Date of
l>J-.SCKtr-lloN.
FOri>lantlon eee note* on lint page of tables
k Oarolina
Fd. h'ds (coups, taz-reo'ble)
old bonds fundable Into 4 per ce"ts
bjr
SUPPLEMENT.
CITY SECURITIES.
Jcly, 1889.]
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
INTEREST.
Date of
Size or
Amount
DESCRIPTION.
Principal When
Where payable and by
bonds.
Due.
par
outstanding
Rate.
whom.
value.
Forexplanations see nbtes on first page of tables.
Albany, N. Y.
1866
Purchase Congress Hall Block.
City improvement
1870-'71
1870-'82
New Post Office site
Water debt ($389,000 due 1900-3, are 7s)
New City Hall
1874-'88
Washington Park
1874
1882
1888
1888
1865
Public Market
Broadway Improvement
Bonds loaned to Albiny A 8usquehanna RB...
Bonds for streets, floating debt . . 1867-'72
1869-'70
Bonds for A. L. Railnoad and State House
1870 A '72
Bonds for West. RR.and floating debt
1874
Bonds, 1st and 2d series, waterworks
1877
Redemption bonds
1881 A '85
do
$52,000 only due 1915
1879
Bonds to fund floating debt (part each year)
1884
Capitol bonds
'86-'S7-'e9
bonds
Redemption
Various.
Augusta. Oa $24,500 are 4H&, due 1916
r Various.
Baltimore Consolidated loan of 1890
r
1877
Water loan, stock, red. at vill after 1916
r
1878
tax
free..
Funding loan, stock,
r
1863
Consolidated bounty loan
r
1865
loan
Exempt bounty
r
1860
Public parks (Druid Hill)
1863
Park improvement loan
..r
r
Patterson Park extension
1853
Five million loan to Baltimore A Ohio RR...r
Atlanta. Oa.
.
$1,000
1,000
1,000
1,000
1,000
1,000
1,000
500 Ac
r
Hall
r
Paving loan
r
Funding loan
loan
ef
nontax.
(Act
1888)
$5,000,000
Jones' Falls ($957,000 are 5sA$455,000 3-65s)r
do
r
($100,000 are 3e)
Water loan ($263,000 only are 6s)
r
Harford Run Improve,$250,000 due af.l920.r
Western Maryland Railroad
r
do
do
loan
do
Endorsements for Western Maryland
do
do
Union Railroad
Bangor, Me. City debt proper
Refunding bonds
d..
RR
r
1,000
500 Ac
1,000
500 Ac
1,000
1881
1870
1889
1872-'84
1885-'88
1874-'88
1880-8
1872
1882
1887
1870
RR
refunding, $l00,0004>9Sduel907
Boston City dent and Charlestown
City debt registered
1872
1885
1874
1875
1869
1869
Ac.
Ac.
Ao.
Ao.
100 Ac.
100 "io.
100
100 Ac.
100 Ao.
100
500 Ao.
1,000
1,000
1861
1869
1871-'72
500 Ao.
Various.
Various.
Various.
Various.
Various.
l'.dbb
1879
1885-'86
r
oAr
do
do
do
do
1 50th payable yearly
West Roxbury, $25,00!} payable yearly
Burnt district, sterling loan
Consolidated street improvem't, sterling loan.
Park bonds, $455,000 4s, due 1918
do
do
sink, fund, $769,000, due 1899. r
Mystic water debt, assumed, part renewed
Coeh. Water loan, 6 per cent
do
do
Spercent
do
do
4 percent
do
do
Sterling
do
do
5s, g
do
do
4 1s per cent
do
do
4s $2-0,000 due April, 1910
do
do
4s $336,000 due Oct.l ,19 13
,
4-40,000
jeiooA
100 Ac
l.ooo
1889
1,000
1862 to '86 1,000
4,997,604
2,751,426
1,355,000
1,219,000
839,000
4,897,000
13,000
1873
1869
1887-'88
1867to*7
1875 A*78
1878
4100 Ac
1872
1875-'76
1879
187-'80
1883 to '87
r
1888
do
4a
3 *s per cent
do
do
3 per oent
Stony Brook improve't, secured by skg. fd...r
BrooKit/n Brooklyn local improvement loan...
fund loan, part each year
Bushwick avenue ,Ac. improvement loan, local
do
SonthSeventh st.
do
do
109,000
947,000
230,000
1,000 Ac
1,000
1889
1888
1-87
1885
1,000
'84-5-7-8
1887
1887
1861
1865
1000 Ac
1865-'66
1863
1,000
1,000
1,000
1,000
700,u00
800,000
816,000
50,000
588,000
1,947,274
3,552,000
268,000
686,000
2,015,000
100,000
675,000
194,000
500,000
213,000
196.000
17,000
16,000
Albany. Total debt Jan. 1, 1889, was $5,057,000, of *hich $1,884,000 was water debt. The loan to Alb. A Susquehanna is secured by
first moi t. The valuation of Albany City in '86 was: Real estate, $60,728,-
;
1904
1895-'97
J.
J.
A J., 1892
A J., 1890
1902
1904
1897
1911-1915
Jan., 1890 to 1896
Jan. 1, 1914
July 1, 1916
1889 to 1919
After July 1, 1890
After July 1, 1916
After July, 1916
Sept. 1, 1893
Jan.
Jan.
Jan.
1,
1,
1,
After Sept. 1,1893
After Sept. 1,1890
Jan. 1, 1895
^||
Municipal nroperty, In$6,865,155; personal, $2,908,427.
cluding water works. $825,500; tax rate, $21-60. In 1887, real estate,
$6,771,048, personal, $2,858,872; tax rate per $1,000, $22 50.
Ha tn, me. The city holds a first mortgage on the Androscoggin read
for tne debt, and first, second and third mortg'es on the Knox A Lincoln
for its nroportion of $895,000 out of a total of $2,395,000 bonds Issued by
several cities In aid of the latter road. Tax valuation in 1887-88 wag :
Real estate, $2,s70,415; personal, $3,226,215; tax rate, $23 par
$1,000. Tax valuation in 1888-s9: Real estate, $2,886,895; personal,
$3,227,075; tax rate per $1,00J. $21.
Boston. The population of Boston In 1880 was 362,839; In 1870,
250,526. against 177,840 in 1860. The gross debt on Apr. 30, 1889,
was $49,9i0,475 (including city debt proper, $30,794,701; oounty
debt, $2,463.000 Coohituate water debt, $14,941,273; Charlestown,
West Roxbury, etc., debt, $1,721,500), and the total sinking funds,
etc., applicable to It, $22,26 1,28 5, leaving the net debt $27,654,190.
The law of April 17, '85, limited the taxation In Boston for oity purposes to $9 on the average valuation of five years preceding, to whioh
is added the tax for oity debt and for State purposes.
After Jan. 1,
1887, the net debt was not to be over 2 p. ot. of average assessed valuation for five years. Assessed valuation on May 1 for four years has been:
Net Debt.
Personal
Tax
Real
Deo. 31.
Years.
Estate.
Rate.
Estate.
1884
$17 00
$24,766,064
$488,130,600
$194,526,058
1886
12 "0
2(1,351,395
193.086.500
517,495,200
13 40
1887
27,627,589
547.170,300
200,454,600
13 40
1888
26,850,90 J
201,435,100
563,013,300
and '88:
was
as
follows
debt
Jan.
1889
The
whole
1,
Brooklyn.
oity
Jan. 1, 1889.
Jan. 1, 1888.
Permanent debt
$25,800,703
$25,807,543
Water loan
11,682.500
11,073,500
119.000
Debt payable from assessments
483,000
Tax certificates
2,500,000
2.500,000
1886
200.775,614
6l.78t.33S
265,559,953
1888
*20'75
203.752,853
63.763,871
t267, 516,724
*
Tax rate Includes State tax, $T75: school an 1 city tax, *l9-00
t of this
total, $20-75 per *1.000: city tax for 1889, $1900.
$2,168,581 is exempt aj uiasfinj
Gross debt,
Bangor, We. The loans to Eu. A No. Am. R. R. to Bangor A Pis. R.
are
Hrst mortgages on those roads, and interest ful;v paid Less sinking fund
from the earnlnifs. Total funded debt Mch. 13, '89, $2,605,000, tncl.
$500. 000 water debt. The valuations (near full value; in '88 were: Ileal
Net debt
;
!
R
1,
;
:
:
May
1890 to 1912
July 1,1905 to '10
estate,
7^0; personal, $6,154,270; tax rate per $1,000, $18 40. In 1887 real
estate valuation was $61,245,455; personal, $6,326,900; tax rate
lBt rate, *17 6"; 2d rate, $7 60. Pop'n, 90,758 In 1880; 69.422 in 187a
Atlanta. The total bonded debt Jar.. 1 1888, was $2,220,000. Assessed value of real estate in 188J. $21,023,370; personal, $7,889,269,
In 1887 real estate, $i4,933.064: personal;
tax rate per $1000, $15.
$7,304,703: tax rate, $15 Assessed value between 50 and 75 p 0. of real.
Population, 37,409 in 1880; 21,789 in 1870; about 67,000 Jan 1, 1888.
A ngusta. Sinking funds, Jan. 1, 1888, $70,000. Taxable valuation
In 1888 Real estate, $15,241,450; personal. $1,933,806 tax ra'e, $15
per$l,000. In 1885: Real estate, $11,468,310; personal, $5,088,430;
tax, $16 25 per $1,000. Population in 1870, 15,389; in 1880, 21,891.
Baltimore. The Bait. A Ohio RR pays interest on $5,000,000.
Water loan is paid by income of water works, and Publio Park by City
Passenger Railway, and against a total debt of $36,038,516 the city is
chargeable with interest on only $16.98.5,692, and holds productive
assets, including the sinking funds, equivalent to $14,757,683, leaving
on Deo. 31, 1888, only $1,295,140 debt over lnteresHiearing assets.
The " pro uctWe securities " here include $3,251,000 common ,u ck of
B. A O. RR. There are also held $8,676,600 of unproductive securities.
Pop nation in 1870,267.354; In 1880, 332,313: In 188S (polioe census)
Including the Belt, 416,805. Assessed valuation, near iiie full cash
value, and tax rate have been
Real
Personal
Rate of Tax
Total
Year.!.
Estate.
Valuation.
Property.
per $1,000.
1883
$189,913,191
$5-l.8H9,738
$248,803,232
:
94
19(0
.
1,591,000
Various.
to
1910-'21
Oct. 1, 1920
Jan. 1, 1890
1900 and 1902
Balto., Nat. Mechanics' Bk. After Nov. 1,1920
Balto., Farm. A Plan. Bank. After July 1, 1900
July 1, 1928
April 9, 1900
Balto., N. Mechanics' Bank.
do
do
April 9, 1900
Aft'rs 94,1922A'26
do
do
1904 A after 1920
do
do
do
Jan. 1, 1902
do
do
do
July 1. 1925
Jan. 1, 1927
Balto., Farm. A Plan. Bank.
Jan. 1, 1900
Balto., N. Mechanics' Bank.
Jan. 1, 1895
Baltimore, Franklin Bank.
A
Bost.,Merch.N.Bk. Bang'r
Sept. 1, 1892
do
do
Nov., 1889 to 1891
Jan. 1, 1894
do
do
do
do
Julyl, 1905
do
do
Jan. 1, 1894
do
do
April 1, 1899
1897 A 1902
Bos., Nat. H. AL. B'k A Port.
1898
Bos.,Nat.B'k of Com. APort.
Jan.
2d
Nat.
B'k
A
Port.
to Oct. 1891
Boston,
Bos., Nat. H. AL. B'k APort. Julyl, 1890 to '99
do
1891 A 1902
do
do
1902-1920 A 1907
do
1889 to 1897
Treasurer's
Offloe
Boston,
do
do
July, 1889-1914
Oot. 1, 1889
do
do
do
1896 to 1916
do
do
1895 to 1916
do
1895 to 1906
do
do
do
1889-1900
do
do
Jan. 1, 1899
do
do
do
Oct. 1, 1918
do
do
April 1, 1937
do
1935
do
do
do
June, 1890 to 1891
Brothers,
London, Baring
April. 1893
do
do
Julyl, 1899
1917
A 1937
Boston, Treasurer's Office,
Jan. 1, 1899 & 1919
do
do
do
1890
to 1916
do
July,
1897 to 1908
do
do
do
1907-1908
do
do
April 1, 1908
do
Oct., 1902
London, Baring Brothers.
1905-1907
Boston, Treasurer's Offloe.
Oct. 1, 1909
do
do
do
1909-1912
do
do
1913-1917
do
do
Oct. 1, 1918
do
do
do
1914-1918
do
do
April, 1917
Oct. 1, 1917
do
do
Nov., 1891
Brooklyn.
Jan. 1, 1890 to '94
|^|g
Julyl, 1890
do
Julyl, 1890
lgSgw-96 1
310,900
374,300
7,846,000
9,549.000
450,000
1885
1885
._
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Augusta, Treasury.
Balto., Farm. A Plan. Bank.
Balto., Nat. Mechanics' Bk.
do
do
do
do
do
do
do
do
do
do
do
do
Balto., Farm. A Plan. Bank,
do
do
425,000
;
1890
'90 to
Albany,
684,000
500 Ao.
A A Boston, Merchants' Bank
A S
New York.
A N. New York and Albany.
N Y., Merchants' Nat. Bk.
AN
do
do
A A.
do
do
A J.
N. Y., Del.A Hud. Canal Co.
N. Y. Han. Nat. B'k A A tlan.
1,704,000
875,000
117,000
50,000
30,000
100,000
500,000
1,000,000
925.000
178,000
124,000
500 Ae.
1878-'82
do
$550,000 due Oct., 1906
do
$80,000due Jan. 1, 1896
do
$311,000 due July 1, 1905
do
$145 000 due OJt. 1, 1897
Ten-jear loan, secured by 8. f
Soldiers' aid
100
100
100
100
F.
J.
1,000,000
2,211,068
410,353
555,566
185,723
200,000
5,000,000
1,500,000
500.000
800,000
500,000
2,212,000
260,000
4,900,000
600,000
1,000.000
i',6bo
1864 to '80
do
do
do
do
do
1,000
100 Ac
100 Ao.
100 Ao.
100 Ao.
100 Ac.
100 Ac
100 Ac
100 Ac.
r
Municipal loan
Water loan bonds, coup. (Aot Feb. 22, 1875)
European A North American Railroad
Bangor A Piscataquis Railroad
Bath.Se.- Fund, debt ($78,000 are 5s,'97, J.AJ.)
Knox A Lincoln RR.. for stock and coupons
Androscoggin RR. (guar, by Maine Cent. RR.
Knox A Lincoln Railroad ($23,750 each year)
do
do
(F.AA. and M.A8)
Suffolk Co. Court H'se b'ds sk.ld, notd'n...
1870-'74
F.
M.
M.
M.
349,000
400,000
318,000
427,000
77,500
120.500
285,000
55,000
188,000
1,787,800
7,306,546
5,000,000
. .
New City
$78,000
390,000
1,058,000
115,000
1,834,000
145,000
185,000
170,000
1,000,000
I
$40,402,203
8,828,782
$39,864,043
7,849,541
$31,573,421
$32,014,502
I
'
INVESTOR' SUPPLEMENT.
IVoi* XL1X.
a great favor by giving Immediate notice of any error discovered In these Tables.
INTEREST.
Dateot
DESCRIPTION.
Site or
Amount
Principal -When
Bonds.
When
Where Payable and by
par
Due.
outstanding.
Kale.
Value.
.
Fur explanations see notes on first page of tables
Whom.
Payable
sn
will confer
i.. rii>.-r
(Cont'd >- 4th ave.. Imp. lean
1888 4 <;:> $1,000
cAr
1870
Bridie loan, $1(0.000 ye* rly
1,000
o or r 1870-'76
for S. Y. A Brooklyn Bridge
1,000
1876 to '80 1,000
for N. Y. A Brooklyn Bridge
do
1879 to '82 1,000
do
1881 to '83 1,000
I860 to '73 1,000
Prospect Park loan, reg. A ooup
1804
Park
loan
1,000
Prospect
1857 U> *75 1,000
Permanent water loan
grtnkli/n
Bonds
Bonds
do
do
do
do
1869
r
Temporary tax
Various
certificates
Certs, of Indent. ($35,000 4s due 1890)
Bonds to pay arrears to county
1884
1884
1884
1883
1KMJ
1888
Arrear'obds. ($1,6:0,000 10-40B 4s. J'y, *23) .r
Local Improvements
r
do
$100,000 due Feb. each year
School Impr'm't, $100,000 due Jan. each y 'r.r
(mm j- bonds, reg
c&r
Jin grata, A. T. Funded debt bonds
c&r
waterworks bonds
cAr
Tax loan bonds
Maiu.
Cttmbrutgt,
City loan,$150,0005s'93cvr
c&r
City loan, paving 20 i ear loans
sewer l'ns. 20 y r. A 30 yr. b'ds c&r
do
street (20 yrs ) A street wlden'g(30)
do
sew er l'ns, $30,000 arc 4s, Nov.,'07
do
Bridge loans, 20>yenrs
Municipal (10 yr) and Cemetery (20 yr) loans
Water loan, 20 yrs, part due each year'89to'97
CAr
do
(only $12,500 are 5s)
.
1870 to '89 l.OOOAc
1870 to '89 l.OOOAc
1880 to '89 l.OOOAc
1863 A 70 1,000
.
1873,'4.V>
886 A '87
1887 A '88
1885
1868 to '77 500 Ac
1
1878-'87
1,000
1886
do
Charleston, 8.0.
Jon.bds.,to red. past-due debt.
do
do
do
do
coup, or reg
Sinking fund bonds
Funded debt ($350,000 for water)
notes
do
Chicago Water loan
Water loan
Water loan (refunding)
CktUta,
1873, '4. '5
1873'4'5'6
Mam
1878
1879
100 Ac
100 Ac.
100 Ac.
,
1,000
do
do
Sew-ge bds. ( $490,0O0J'y ,'92; $785,000J'y ,'94
1882
1888
500,Ao.
1,000
100, Ac.
500 Ac.
1880
$^58\o6oJ'yV''O4;W8 7,'660J'y.''08 1884 A '88
River Improvement bonds, part each year.
,
do
. .
Mun'ibds.,$100,OOOJ'y,'95;$86,OOOJ'j,'96f.fcg
Municipal and School bonds
1881-7
Municipal bonds (refunding loan)
Cook County debt, $1,483,000, May, 1892 ..
do
do
do
do
A8
1,000
1,000
500 Ac.
500
Ac.
$102,000
A
3.000,000
1,250,000
3,333,000
2.279,000
2,383,237
8,019,000
1,217,000
11,573.500
000,000
2,500,000
705.305
54!,000
2,350,000
200.0O0
1,000,000
400.000
880,000
5,774,449
3.110,882
7
;:(
J.
J.
J.
J.
6
5
July. 1899-1924
1005, '6, '7 A '8
1908 to 1919
19l7'18'19'23'25
1921 '2 '3 '5 '6 '7 '8
r.
4
.1.
7
6
>,
July 1,1890 to '95
6
4, 5,
1915,
July 1, 1924
1891 to 1916
Jan. 1, 1909
3 years from date.
J.
J.
3
3
J.
J.
J.
J.
3>sA
4
3>A4
4
3
'24
.1.
J.
1905
July 1, 1924
1923
A 1924
July,
July 1. 1893
.1.
Fell. 13. '04 to '13
J.
3
J.
3Hl
M.
'6, '7. 'P,
Jau.21,1917t0'20
May 1.1914 A '18
Various
Buffalo and New York,
1890 to 1926
Various
do
do
Oct.. 1889 to 1909
J. A J
do
do
1890 to 190O
J. A J Boston, Bank Redemption. July '90 A ran.-93
do
do
July, 1893-'94-'95
do
do
1895,'96.1903-4-5
do
do
1893.A1903, '4. '5
do
do
Xov.l.l896Al907
do
do
1917 A 1918
do
do
Ap.'95 A Aug. '05
Various
do
do
July, 1890 to 1897
do
do
'94-'98-1907,'t>'10
do
do
1906 and 1911
A. A O
1889 to 1897
Charleston, Treasury
do
A. A 0.
do
Apr. A Oct., 1808
J. A J.
do
Jan. A July 1,1909
do
Various
1889 to 1908
Chelsea, City Treasury
Various Boston, N. Bk. Redemption Aug. 1, 1891 to '95
Various
Sept. 1,1889-1890
J. A J N. Y., Am. Ex. Nat. Bank. Jul.v,'97A.Jau..'98
A J.
do
do
July, 18. 0,'2,'4,'5
A .1.
do
do
July 1, 1902
A
do
do
July 1. 1908
3to7
3>to7
3 A 4U,
A
N.
170,000 5 g. A 6
6
255,000
6
624,000
) 27,000
6
3
55,000
Hi A 4
4
210,000
4
265,000
6
874,000
4A5
519,500
218,000
3H)
45C.800
7
6
109,500
4
3,391,737
6
446,800
6
1,092,000
123,000
4, 4Hl
132.000
6
7
3,115,000
3-65
333,000
4
150,000
7
do
do
1,288,000
July.'u2, '94 A '95
t
4 Hi
do
do
489,500
July 1, 1900
4
do
do
A
845,000
July 1, 1904 A '08
do
7
A
do
2,608,000
J'y, '90,'2,'3,'4,'5
6
do
do
A
186,000
July, 1895 A '96
do
do
7
1,858,000
July 1,1890 to '99
do
do
4
A
1.333,000
April 1,1901,'7,'8
7
M. A N
New York A Chicago.
1890, 1892
1,9*5,000
Jan. 1, 1899
5
J. A J.
750,000
Chicago.
N.
do
4
M.
A
Ma)
Hi
1, 1900
1,158,500
f 00,000
4
M. A N.
do
May 1, 1905
M.
A
S
do
Mar.
4
1,'90 to '08
1,950,000
N Y., Bank of America.
6
J. A J
Jan. 1, 1890
98,000
Am.
Exch.
M.AN.
Nat.
Bank.
Nov.
6
1, 1890
N.Y.,
194,000
A. A O
N. Y. Bk. of America.
6
397,000
April 15, 1895
M.AN
do
do
6
171,500
May 1, 1897
7 3-10 J. A D N.Y., Am. Exch. Nat. Bank Juue'97A Nov..'98
750,000
A
J.
do
do
J.
Jan.
6
1, 1900
60,000
6
Various N. Y. Bk. of America.
June A Oct., 1900
175,000
M.17AS
Auditor.
6
Cincinnati, City
100,000
Mar., 17, 1908
7 3-10 M.15A8 N. Y, Am. Exch. Nat. Bk.
150,000
Sept. 15, 1899
M.
A
8.
do
do
7
3-10
150,000
Sept. 15, 1899
do
do
100.000
Oct. 1, 1899
7 3-10 A. A O
A.
do
F.
A
do
7
300,000
Aug. 1, 1897
do
do
7
J. A D
Dec. 1, 1891
600,000
do
do
7 3-10 J. A J
8,071,000
July 1, 1902
do
do
4,825,000 6g. A 7' B M. A N.
May 1, 1906
do
Various
do
1802-1908-1909
2,260,500
7
M15AN Cincinnati, City Treasury. May 15, 1904
995,000
6 A7 J. A J N. Y., Am Exch. Nat. B'K Jan.ANov.l, 1890
65,000
F. A A Cincinnati. City Treasury.
7
200,000
Aug.,'90 & '95
M. A N N.Y.. Am. Exch. Nat. Bank. Var. 1889 to 1909
5 A6
175,000
M. A N Cincinnati, City Tieaaurt.
7
50,000
May 1, 1906
7
F. A A. N.Y., Am. Exch. Nat. Bauk
76,000
Aug. 1, 1897
5 A7
Semi an Clncin., Oflke City Treas'r.
1889 to 1899
654,984
4A5 Various N. Y., Am. Exch. Nat. Bk. 1930 A 1931
2,354.000
Various
do
4 A5
do
24,706
May, 1890
Cincinnati.
4
J. A J
79,000
May, HI A JV,'92
Am. Exch. Nat. Bk
4
J. A D. N. Y
June 1, 1(101
499,500
4
Various
do
do
2,473,000
May A June. 1905
4
do
do
J. A D
Jane l. 1907 .v.'o-<
375,000
1892 A 1903
1,775.000 3-65 to 7 Various >J. Y. Am. Exch. Nat Bk.
Various
do
do
Var.1889 n. 100
1,738.000 4, 5, 6,
Various
do
do
7
80,000
Hov, 1889 A '92
do
do
6A 7 Various!
Var. 1894 to '98
275,000
1
due $50,000 each ear.
1863
Cincinnati- Bonds for Com. School purposes.P
1,000
Bonds to O. AM. RR. to purchase whf .prop .N
1855
1,000
Bonds for ext. and impr. Water W..C, D. AE 1847 to '50 500 Ac.
AAA2 1847 to '48 500 Ac.
Bonds for funding floating debt
New Hoep'lbds. $250,000 M.&N.,due'98.8A82 1867-'68 1,000
L
Bonds for funding floating debt
1853
1,000
1851-'53
Extension and improve. Water Works...
1,000
for
to
1858
Bonds purchase Orp'n Asyl. grds.
100,000
park.O
R
1869
Bonds for sewerage
1,000
U
1869
Bonds for improving Gilbert avenue
1,000
B3
1869
Bonds to build Eggleston avenue sewer
1,000
C5
Bonds for Water Work purposes
1872
1,000
W2
1871
General improvement
1,000
1872
Cincinnati Southern RR
1,000
\
.
KAF
do
1 876
do
500 Ac.
($2,890,000 are gold 6s)
do
do
1872'78'79 1,000
1874
1,000
Funding debt bonds, coupon
1875
Park Improvement (Q. $15,000 6s)
1,000
1875
Water-works b'ds.,$lOO,00OdueAug., 1895. Dl
1,000
Bonds for McLean Ave. sewer ($35,000 5s) U2
1879
1,000
S3
1876
1,000
Hospital bonds
H2
University
1872
1.000
Street bonds, series, part of each each year. .. 1879 to '88 Various
1.000
Consol. s. f. bonds, 30-50 yrs. (Act Apl. 9, '80, 1880 A '81
I'-l
1880
100 Ac.
Assessment bonds
100
Work House and Infirmary ($19,000 M. A N.) 1881 A '82
100 Ac.
1881
Funding debt (redeemable after 1891)
Deficiency and pavement bonds (10-20 yr.) .. 188.V86. Various
1887-'88
1,000
City Hall bonds. redeeniaole after 1897
Cleveland Water works ($200,000 are 6 p. ct.) 1872 to '84
1,000
1872 to '78 1.000
Funded debt
..1872 to '74 1.000
Lake View and Monumental parks
ll874to'79 1,000
Canal and canal lock ($11,000 are 6s)
Poiulation in 1870, 396,099. against 566,663 in 1880. Valuation of
propt rty and tax rate per $1,000 have been
Real.
Personal.
Av. Rate
Years.
:
1885
1886
1887
1888
Tot debt
,345
7
7
$22,049,310
$2650
26-563
14,217,276
27 595
21,685,591
385,904,998
22.597,240
Kings Co.. separate from tnedebt of Brooklyn, Aug. l,'88,was
$336,221,357
339,922,812
362,lt;6,083
ol
(V.48, p. 99.)
$4,539,500, of which the city is responsible for lti'.
Ilulliilo. Total Minded debt, Jan., 1889, $9,417,676; deduct water
debt, $3,1 10,882 sinking fund assets, $217,618 ; net debt, $6,089,176.
Valuations and tax per $1,000 have been:
Realestate.
Tax Rate.
Years.
Personalty.
$99,912,470
1885
$8,461,675
$17 21
17 27
113,903,945
8,405,225
1886
14 78
119,876,145
8,755,150
1887
14 15
147.159,325
10,344.455
1889
of
Erie
debt.
The
77-100
interest
on
different
county
Buffalo also pays
bonds Is
4, 4Hl, 5, 6 nd 7. Population, 230,284 in 1887 (police
census); 154.766 In 1880; 117,714 In 1870.
Total debt Jan. 1. 1889, $3,960,033, against
Charleston, 8.
$5,241,710 in 1870. Theie are also $23,000 5 per cents. Conand
1879 are Issued In exchange for city stock.
of
1878
version bonds
Valuations and tax rate per $1,000 have been:
Real
Estate.
Personal Prop.
Tax Rate.
Years.
$16,753,760
$8,138,153
1885
$
14,221.290
7,290,912
1B87
33 75
14,527,350
1888
7,042,105
Tax rate in 1888 Includes: Btate tax, $9 00; sohool tax, $1 25 ; city
lax proper, $23 50 total, $33 75 per $1,000. Population, 49,984 in
1880; 48.956 in 1870.
Chelsea, Mass. Total funded debt Jan. 1, 1889, $1,661,800; (of
this water de<'i is $350,000); sinking fund assets, $448,541; net debt.
$1,213,259. Valuation lu 1888. real estate, $17,428,900
persona
82,358,190; tax rate, 18-40. Valuation In 1886, real estate, $16,530,
850, and personal, $2,275,812; total, $18,806,662. Population 31,762
In 1880: 18.547 In 1870: 24.347 in 1884.
Chicago. The city debt la limited to 5 per cent of he Illinois State
valuation. Ijtal funded debt January 1, 1889, was $12,561, 500, but
;
3.
C
;
;
647
'
$3,966,500 of this was on account of the Water Works, which yield an
Income much above the interest charge on the debt. Sinking fund.
$364,082. Tax rate in 1888, 3562. Valuations (abo t one-third true
value) as follows
Years.
:
Real Estate. Personal A RR. Tax per $1,000.
$35 48
$105,606,743
$31,720.-; 7
33 87
122,980.123
35,516,009
34 76
38,035.080
123.679,054
Population in 1870 was 298,977, and in 1880, 503,185. The South Park,
West Chicago rurk and Lincoln Park loans are not debts of the city.
1884
1886
1887
(V. 48, p. 609).
Cincinnati. Total fun. leu debt Dec. 31, 1888, $26,058,207; in
addition there are $1,196,076 street improve, bonds held as sinking
fund for above. Of the outstanding debt $15,156,500 is for Cin. south.
Railway (pays city *9C0,000 till 1901. then $1,250,000), and $1,525,OoO for water works (self-supportiug) ; balance, $4,727,207. In 1870 the
population was 216,239, against 255,139 in 1880. The following table
from the books of the Auditor of Hamilton County, Ohio, exhibits the
assessed valuation of the city of Cincinnati for three years named
Real Estate.
Total Val.
lav rate.
Years.
Persoua.ty.
:
1880
1887
1888 (tax
The
$129,950,980
130,730,870
'89)
owns
$167,535,354
$31 OO
27 68
174,537,847
774,779,510
KR., leased as per terms, V.33, p. 28L
$o7,578,376
43,800.977
the stock of Cln. a.
319.
Cleveland. Total funned debt Jan. 1, 1889. $8,275,800 (water
net deut. $0,388,debt, +1,775, .00)j sinking fund assets. $1,887.49"
The sewer, street improvements and street opening nouda
303
are for special local improvements, and redeemed by assessments on the
propertylienefltted. Pop.,160,1461n 1880; 92,829 in 1870. Assessed valuation, tax rate, leht.andpiir value of sinking fundson Deo.81 havi been.
Total Debt.
Real Estate.
Years
Persouulty. TaxRate.
city
Sec also V. 46,
p.
;
1885
1886
18*8
$7,625,000
8.710,900
2830
69,136,345
26,786,240
8,275,800
Tax rate in 1888 (for tax of 189) includes: State lav, $4-80; county
school
tax.
00
othel,
$0
45;
$6
1615;
;l,cityitax ^oper,
tax,$2'0;
total per $1,00
*2-3i>.
-iV. 45, p. 743.)
.
July,
1889.
9
CITY SEUUKITIEs.
|
Subscriber* will confer a great favor by giving Immediate notice ot any error discovered In lliese Tab'es.
INTEREST.
Amount
Date of
Size or
DESCRIPTION.
Principal When
When
Where payable and by
bonds.
due.
outstanding
par
Rate.
value.
whom.
payable
For explanations see notes on first page of tables.
1885-86
$1,000
Cleveland (Con )
ieK. bonds, van's purposes
Viaduct (mostly F. A A.. A. & O. and J. A D.) 1873 to '78
Elevated R' adway
Special bonds
Kingsbury and Pearl Street Bridges
Des Moines, Iowa 2d renewed iudg. bds. 5-20s
Funding bonds, extended In 1858
Warrant funding lunula drawn at par
For Water W. Co., on oity's credit
Detroil.Mich
Public Building stook (City Hall) bonds.
Public sewer bonds ($35,000 are 6s. due 1 897)
Public sewer bunds (.|100.000 3*23, due 190fr)
Belle Isle and Market bonds
1886 to '88
$185,000
2,138,000
l'.dbb
Various.
1884-5-6-7
1,000
1,000
1,000
1885
1878
1886
1855 to '8 1
5o6",Ac
1869-'70-l
1872 to '77 1/00
1886 A '88 l.OOOAc
187S-S
1888
1886 A '87 1,000
1882
500 Ac
Adjustment bonds and scrip
1868 to '73 1.000
Brie (Penn.) Water bonis
1869 to '73 100 Ac.
Improvement bouda
Consolidated bonds, J35.O00 are 6s, 1898.... 1874 to '78 100 Ao.
1887
500 Ac.
Refunding bonds
1887
1,000
Bvansville, Indiana. aeries A fund, debt loan.
do
do
1887
Series B,
1,000
do
Series C,
do
1887
1,000
1887
New Waterworks loan
1,000
Public Improvement
Publio Improvement, ($30,000, due 1911)...
Elizabeth, N. J.
.
,
fall River, Mass.
City notes
City bonds
do
gold
do
($50,000 are 5s)
do
do
do
Water
do
do
do
do
$173,000 are
5s,
Vai ious
due May, 1998.. e
c
(sewer)
due
loan, $25,000
Large.
lOOOAc.
1,000
1,000
c"
o*
c*
c*
j
'rly,
1
1,000
1,000
1,000
1,000
892 to *93.cAr
cAr
$100,000 due 1906 are M. AN.. coir
cAr
titcMurg, Mast. Cltv bonus
Municipal bonds ($2,000 or $ .500 due v'ly)
Water loan ($300,000 due July 1, 1891)...
do
$50,000 4 per cents are 10-208
Oaivesum,Tex. IJm.debtbds.(s.f.2%) pay.atwi
do
Limiied de> t, 40 year b'ds s. f
W. W. S. I. A C. H. 40-year bonds
Hartford, Conn. Water bonds
City bonds (H. P. AF. RK.)
Funded debt
-
1
.
Capitol bonds
Hartford town debts to railroads 10-25
do
do
war
do
floating debt
do
New bonds, non-taxable
Boboken, N. J. Bonds
......
do
($75,000 due Feb. 1, 1899)
($196,000 due Nov. 15, 1901)
School House bonds
Bolyoke, Mass. City notes
City bonds, sinking fund
1876
1868
1872
1,000
1,000
1,000
1,000
1,000
1.000
1863
1875
1889
1,249,400
500,000
827,000
500,000
300,000
1,000,000
500,000
50,000
203,000
750,000
54.000
151,500
337,000
228,252
261,000
45,000
163,000
271,000
250,000
226,500
125,000
45,000
500,000
300,000
300,000
300,000
200,000
109,500
994,000
3,329,000
1,0
1880-'83
1887
0*
o*
do
do
c*
Railroad loan
($60,000 are J. A J.)c*
City bonds
Indianapolis BoDds to I. C. A D. RR. C0....0*
Bonds to Un. RR. Tr. Stock Yard (mort.) . c"
Loan bonds, series A
e"
.
.
do
do B
0*
do
do C
o*
do
do D
0*
Purchase-money bonds Southern Park
Jersey Oity Water loan bonds, mostly coupon
Water loan bonds, mostly coupon
Water loan
cAr
City government
school,
l'.OOO
1865-'76 500 Ao.
1872 A '77 500 Ao.
1878
1,000
Various. 500 Ao.
do
Improvement bonds, Oreeu.
Morgan street dock
Funded debt bonds
1865-'81
1879-'80
Bonds
Bonds
Water loan
1873
1,000
1887
i.OOOAe
1871 A '7
1,000
1883-S
1,000
1877-8-9 100 Ac
1880 A 88 100 Ac.
1888
Ao
eir
Old J.C.b'ds ($206,000, Nov. l,'89,M.AS.)..c.ttHudson City bonds
r
Bergen Sch'l loan b'ds ($50,000 due J'y l.'OSl.r
Bergen st. improv. and bounty loan bonds. r
Assess'tfund.b'ds ($300,000, 1906, J.AJ.J.c&r
Temporary loans
to fund floating debt. Ao
cat
B'ds for mat'g b'ds, Ac. ($150,000, 5s,AAO)cA;r
City of Jersey City loan
Bonds
Bonds 1889
1,000
10,000
1871-'74
1874
1872
1873
1888
1870
1877
1873
1873
1874
1875
1874
1852 to '77
1869 to '73
1,000
1,000
1,000
1,000
500
1,000
1,000
1,000
1,000
1,000
500
1,000
1,000
1,000
1884
$81,363,790
110,721,995
142,407.880
152,299,140
$11-83
11-44
12-04
13-10
Elizabeth, N. J. Default was made in interest February 1. 1879,
to Issue 4 per cent bonds at 50 per cent of the face value
fold bonds was made, and has been generally aocepted, of the old
debt only some $301,000 remaining unadjusted January 1, 188 u
Assessed valuations and tax rate per $1,000 Dave been as follows
In
1886, $12,628,710, rate, 27-20; In 1887, $13,007,295, rate, *26-80
in 1888,
$12,991,000; rate, $2980; in 1889, $13,450,000, rate, $2980.
Population. 1880, 28,229; in 1870, 20,832; estimated In 1896 to be
32.600. (V.46, p. 828; V. 47, p. 50; V. 49, p. 51.)
A proposition
.
:
:
Brans vllle, Ind. There was default In payment of Interest from
April, 1 883. In 1 887 the old debt was nearly all funded Into the several
Issues of bonds above given.
*an.
Real Estate.
Tax.
Personalty.
$13,527,090
13,666,645
15,184,693
lf,038,570
}|84
1885
J887
1888
$6,519,820
6,682,895
6.239,810
5,787,138
Vail River, Mass.-Total funned
(of this
debt, Jan. 1, 1889, $3,661,861;
water debt, #!,; OO.OOf), deduct sink. IMs, $1,206,922; net debt,
18 5
48 961
8
Valuation
2.766in
&&%!*
K? 275;
? V^'2 63;
1885, #13.
1888, valuation, $40 ,477,285; tax rate $1740
in
91.-,.
Fitolil,
A!}*
-
ln
'
;
'70.
in
ur-, ,TIas.
Population 12,270 ln 1880; 20,0i0
4
44
4to7
7
6A7
34 A 4
4
3-65
34
4
7
7
7
(est
)
A6
in
F. A A.
A N.
Various
Varidus
F.
J.
j.
J.
6
.
6
a"d.
5
g.
A6
4
M
7
5
7
7
7
7
7
6
5
A
6
6
do
do
First Nat. Bank.
do
do
do
do
do
do
do
do
do
do
do
A J
J.
A
A
A
A
A
A
J.
J.
J.
.1.
J.
J.
Various
Various
A A.
A N.
A N.
5 A 6
3% M. A N
M. & N.
6
6
Various
F. A A
6
5
Various
4
F. A A.
6
J. A J
M. A N.
4
J. A J.
6
34 A 4 A. A O
M. A 8
8
5
J. A D.
5
J. A J.
5 A 6
Various
6
J. A J.
6
J. A J.
6
J. A J.
44 J. A J.
6
Jan.
6
J. A J.
3
7
J. A J.
7
A. A O.
6
J. A D.
6
F. A A.
5
M. A N.
44 F. A A.
3to5 Variou-i
6
A. A O.
6
J. A J.
7
A. A O
4
M. A 8.
6
./.to.
6
J. A J
7-3
I. A J.
J. & J
7-3
J. A J.
7-3
I. A J.
7-3
J. A J.
6
J. A J.
5
y.,
June, 1890-1895
Var. 1893 to 1907
Vr. 1901 to 1904
Var. 1889 to 1903
Var. 1899-1903
1905, payable '90
1908
1906,red.at option
Aug., 1889 to 1906
June,'89-'s)0-'9l
1892-'93-'94-'97
J'e,'18
* 889 to 1902
Oot.1906
A
1, 1918
1911 1916 A 1918
Jan.
N. Y., Mercantile Trust Co.
July 1, 1912
Various
New York.
Mar. 1.1889 to '92
Various
do
1889 to 1893
I.
3 78 4
N.
do
J.
J.
J.
J.
t
A A
A D
Various
5
44
do
do
M.
4
7
:
$1S\807,705
27,928,880
36,560,040
39,558,840
A5
7
7
7
;
$64,556,085
82,793,115
105,827,840
112,740,300
4
549,000
Detroit, Jllch. -Total funded debt July 1, 1889, was $2,531,500:
deduct for water works, $1,137,000 assets of sinking fund, $725,977:
net debt. $668,022. There are $10,000 House of Correction bonds;
due 1893. The population in 1870 was 79,577; in '80, 116,340;
In 1883, 130,000.
The value of water works is about $3,500,00.
Xne water works bonds are issued on a pledge of the cltv credit, and
$75,000 per year collected in taxes to pay interest on them. PooulaMon in 1886 about 175,000. Valuations (based on true value) and tax
rate have been
Tears.
Real Estate.
Personal.
Total.
Tax Rate.
1880
1884
1887
1888
5.
5,IM,333
125,000
500.000
558,000
50,000
150,000
441,000
1.000,000
1,028,000
1,353,000
600.000
1,000.000
2,867,000
1880-'l
A 44
6 A 7
Various N.Y., Am. Exchange Bank
Various
do
do
Various
do
do
Various
do
do
4,5,7
do
do
4. 44, 5 Various
44 J. A J. N. Y., Coffin A Stanton.
4
5 J5.000
1872
1,060
1871 to '88 500 Ac.
1870
1,000
1872
1,000
1864-'6.i
1,000
1869-'70 Various
l868-'70 1,000 Ac
1865- '69 Various
1875-'76
1879
884,000
627,300
300,000
228,000
160.000
210.000
1,137,000
217.000
291,500
250,000
1 1,000
100,000
370,000
3,250,000
275,000
62,000
527,700
256,000
675,000
350,000
720,000
400,000
00,000
45,000
600,000
450,000
100,000
261,860
125,000
200,000
300,000
800,000
300,000
100,000
400,000
22,500
400,000
101.500
115.900
F.
M.
M.
do
do
1894 to 1898
1897 to 1907
1, 1912
do
do
1, 1912
do
do
July 1, 1912
do
do
July 1, 1913
City Treasury.
Aug. 5, 1892
do
Apr.A Sept. 1891
Boston, Revere Bank.
Aug. 1, 1894
Boston, Bank Redemption.
May 1, 1895
do
do
May 1, ls95
do
do
1896-'97-'98
City Treasury.
May 1, 1905
Boston. Bank Redemption. Nov. 18, '92 to '99
do
do
Aug. A Nov., 1899
do
do
1900, '01, '05, '06
do
1908 A 1909
do
do
do
Aug. 1, 1900
Boston, Merchants' Bank
July 1, 1893
do
18=8 to 1897
do
do
do
July 1, '91, 1905-6
do
do
1894,95,98 A 1903
do
1893-1909
do
New York or Galveston.
1920 A 1928
do
do
1890-1906
City Treasury.
Suffolk Bank, Boston.
Jan. 1, 1891
Jan. 1, 1893
City Treasury.
do
Jan. 1, 1897
Town Treasury.
Jan. 1, 1&90
do
$10,000 yearly
do
Jan., 1900
July 1, 1909
Hoboken, First Nat. Bank.
Feb., 1905
do
do
Oct. 1. 1892
do
do
Dec. 1, 1898
do
1889 to 1902
do
do
1901 to 1910
do
do
do
Aug. 1, 1907
N. Y.,
Window,
L.
A Co.
City Treasury.
do
do
do
Nat. Hide
A Lea. Bk
Host.,
Indianapolis Oity Treasury
N. *., Wiaslow, L. A Co.
do
do
do
do
do
do
do
do
do
do
N. Y., Meroh. Ex. N. Bank,
do
do
Various
do
do
do
do
J. AJ.
Various
do
do
J. & J.
do
do
M. A N.
do
do
A. A O.
do
do
do
do
J. A J
do
do
J. A J
do
do
Various
do
do
J A D
F. A
A
A A
J.
Jan.
Jan.
Oct. 1,
1889
Jan. 1, 1900
Jan. A Apr.1,1894
Sept.,
1898
Jan. 1,1890
Jan. 1, 1897
July 1,1893
July 1, 1893
July 1, 1894
July 1, 1895
Jan. 26, 1894
1891 to 1909
Var. J'y,'89to 1913
Feb. 1, 1913
July 1, 1913
1891 to 1906
June
May
8,
1.
1900
1897
Nov., 1889-1890
1900
Jan., '98
1889
A
A 1900
1890
1894, 1905, 1906
Demand.
A. N. Y., Merch. Ex. Nat. B'k.
D.
do
do
O.
1, 1909
1910-1911
1, 1904
Feb.
April
INVESTORS*
io
fTor by glTlng
Snbacrlbers will confer a great
DESCRIPTION.
For explanations see notes on
first
Date of
Bonds.
page
-
in?:)
Re-constructing street
Pub.bldKS.AInstnB.$122,OOOor91,pa.atS.F.of. 1871 to '73
Sewer bonds
do
1868
1871
1868 A '73
May 14,
1898) 1862, 3, 8
1869
jail bords
For old llabil's, $119,000 of 1901, pa.atS.F.ot. 1871 A '74
do
do
1886
do
do
1880
(half are 10-40 and half 20-40)
1871
Louisville, New Albany A St. L. Air Line RR
Cln.
*
RR
A '73
Lex.
1871
Roadbed, Loulsv.,
1863
City bonds Day able by Loulsv. A Nash. RR...
bonds
1888
Municipal
1862 to '84
Lowell, Mass. City notes (various purposes)
1882-83
Bridge bonds
Water notes
1871 to '85
Water bonds
1870
1883 A 85
sinking fund
1870
Lynn, Mass. Temporary loans
Various
Water bonds and notes
r Various
Water loan, act of 1883, 30-year bonds
act of 1888, 30-year bonds, s. f.o*
1888
do
,
.
.
Amount
par
outstanding.
.-.
$i,roo
i.obo
500
1,000
500 Ar.
50O0A.-C
lOOOAo.
500 Ac.
Various,
500
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
100 Ac.
Large.
1,000
Large.
1 ,000
,
Various
Various
Various
Municipal loan
School Houses
Engine House and sewer bonds
Uancnesler, A'. II City bonds
ATater bonds
Bridge bonds
Msnpliis.Tenn.
Tax
dint.
1869-'85
1872-'74
Comprom. 6s,duel907,stsm'd.c
6, due 1913
1881
1877
1883
1000&C.
500
Ac
Various
1,000
100 Ac.
100 Ac.
1,000
1,000
Taxdist. 6s, due 1915
Milwaukee, Win. -General city b'ds (d'n at par)
do
do
(not liable to be called in)
1871
1,000
1876
1,000
1885-86
1,000
1882-'83
1,000
1872
l.OOOAo
1883-86-87
1883-'84
1,060
1887
1,000
1887-8
1870 to '75 500 Ac.
1871 to '81 500 Ac.
1881 to '8
1,000
1886-7-8-9
1,000
188 9
1,000
1881
500
City bds.($25,000,due 1901)MANc" 1870 to '87 100 Ac
do
(drawn at par)
Bridge bonds (drawn at par).
Water bds., $240,000 due 1903,dr*n at loo.cAr
do
do
Ref undl g coupor (drawn at par).
School bonds
and
Bath
Intercept Sewer bonds...
Minneapolis, Minn. City oonds
City bonds (ODly $40,000 6s due in 1899)..
do
($366,000 due 1912 are red. 1902)
do
30-year bonds
New bonds
MoaUe Fdg. bde-.dr'n at 100 (4 p. c. to Jan. 190
do
1
Nashville
Bonds
Municipal Bridge bonds
o*
Waterworks($50,000 due yearly after 1906)0'
Waterworks ($300,000due lain)
Newark Floating debt, Ac, sinking fund
Public sohool bonds, sinking fund
oAr
Clinton Hill bonds (8. fd. 3 p. o.)
oAr
Corporate bonds, sinking fund
Sewer and improvement b'ds (local liens) s. f
Aqueduct Board bonds($2,490,000 due In '92)
.
Tax arrearage bonds, sinking fuud
do
do
sinking fund
Funded debt bonds, sinking fund
Annexation and City tax, sinking fund
Intercepting Sewer bonds
New
Bedford, Matt.
City improve, (part
8. f.).
Water bonds
do
($100,000 4s due 1894)
Sewer and Bridge bonds (part sinking fund)
New Brunswick,
1st
A 2d mort.
t).
.
<lte notice
I
Sire or
.
1885
1887 A '88
1866 A '71
1868 to '87
1875
1878-'80
1873-1887
1867-'86
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1879 to '85
1886-78
1885
1886
1888
1,000
1875-89 Various
1867 to '76 1,000
1876 A '84 5,000
1881-'89
1,000
6
Principal
W hen
Due.
8emi an Hew York. Ninth Nat. Bank 1895. 1896 A 1897
Semi-an
do
do
Nov., '8-Jan. '01
M. A N.
do
do
May 1. 1893
F. A A
da
do
Aug. 15. 1895
J. A J.
do
do
1890 A '97
J. A J.
Lawrence or Boston.
July, 1904
Various Boston, Tremont Bank.
1890-1894
Various
1891-95 1902
Lawrence, Mass.
A. A O.
do
do
Oct. 1, '90. to 1906
A7
8
8
7
4
6
4
6
1,300,000
la these Tables.
INTEREST.
When
Where Payable and by
Whom.
Payable
8
$300,000
90,000
250,000
142,500
248,000
300,000
354.000
145.000
fvouXLlX
any error discovered
ol
Kate.
Value.
of tables
Kansas Oily. Jfo. Renewal 20 year bonds
7C-16-'77
Renewal 20-year bonds. $10,000. 7s. 1808 ... 1878 A '81
1873
Funding and renewal bonds, series "B**......
1875
Floating debt bonds
Bonds o K.C.A 9.F., due '90 4 K.C.A N.('97). 1867 A' 70
1884
Latcrence, Matt. Sewer loan
1862 to '75
Funded debt
1881to 87
do
1873-'75
Water loan
Various.
Long Island City- General bonds
1S88S86
Tax or revenue bonds
1859 to '67
Louisville. Ky. Water works
For improvement of streets...
..... 1866 to '07
1883
For municipal Improvement
.........
Elisabeth A P. Fullroad
Wharf property ($124,000 due
SUPPLEMENT.
A7
A6
Various
N. Y. City A L. I. City.
In instalments.
Various
do
do
1890 to 1903
6
Various N. Y., Nat. Bk. of Republic
499,000
1889 A 1897
6
Various Louisville Sink. FundOfiloe.
190,000
1896 A 1897
4
J. A J. N. Y., Nat, Bk. of Republic
nt 1 a
1,500.000
7
J. A J.
do
do
600,000
July 1, 1903
Various
7
do
do
'92
A 1903
519,000
1891,
6
J. A J. Louisville Sink. Fund Office.
81,000
July, 1898
7
J. A D. N. Y., Nat. Bk. of Republic
423,000
June, 1901
Various
7
do
do
Jan. 1. 1903
998,000
6
Various Louisville and New York.
141,000
1892, '93 A '98
V. A O. Louisville 8lik.Fund.Omce
6
Oct. 1, 1898
133,000
Various N. Y., Nat. Bk. of Republic
7
1894 A 1901
513,000
5
F. A A.
do
do
Feb. 1. 1911
500,000
5
a.
a
n.
do
do
1,000,000
May 1, 1920
>I. A 8
do
7
do
472,000
Sept., 1891
J. A J
do
7
do
350,000
July, 1901 A 1903
Various New York and Louisville.
1893
6
333.000
4
1922
Quar.
1,500,000
1889 te 1894
737,500 4 to 64 Various
City Treasury.
Various
4
do
1889 to 1903
402,500
Dec,1888to 1911
531,000 3>to60ii Various
City Treasury.
M.
Nov. 1, 1890
6
Boston, Bank of Redemp'u
1,300,000
1869 to 1895
120.050 34 A 4 Various
188 B
170,682 34A4 Semi-an
City Treasury.
1,124,000 34 to 6 Seml-an Boston, Bank Republic
Var., 1891 to 1905
do
do
223,500 3 "3.3:14.1
Ycarly,1913to'18
a. a"6.
do
1918-1919
4
do
175,000
5A6 Various
do
595.000
do
Var., 1390 to 1897
94,100 3>s A4 Semi-an CityTreas'ry A Bk. Repub Var., 1889 to 1897
do
do
Var., 1889 to 1908
32-2,000 34 to 4 Various
Various City Treasury A Boston.
1893 to 1911
235,000
4 A 6 J. A J
1890 to 1907
600,000
City Treasury.
4
J. A J
do
60,000
July 1, 1911
1907
6
J. A J N.Y., Chemical Bk.,A Memp
747,000
1913
6
J. A J
do
do
1,541,200
6
A J
do
1915
do
952,000
Jan. 1, 1901
7
A J Mil. A N.Y., Morton B. A Co
158,000
do
do
June 1. 1896
7
J. A D.
98,000
4
A
do
do
J.
J.
248,000
July 1, 1905 A '06
do
do
4
A J.
119,000
July 1, 1902
Jan. 1. 1902A1903
A J.
do
do
7
1,074,000
1903-6-7
4
A J.
do
do
524,000
do
1903 and 1901
4
A J.
do
218.000
A J.
do
do
190,000
July, 1907
do
do
A J.
July, 1907 A 1908
81,000
Various New York, Nat. Park Bank. Mav 1, 1889-1905
595,500
1893-1902
do
do
422,000
5,6,7 Various
1906 to 1915
do
do
4-44 Various
2,195,000
do
do
4
Various
1916, '17,'18A'19
2.100.000
4
M. A N New York, v at Park Bank.
Mav. 1919
300,000
4 to 5 J. A J N. T\,TradsNat,BkAMobile
Jan. 1. 1906
2,265,500
J. A J. New York and Nashville. Va-., 1889 to 1905
6
1,083,700
1905
54 A. A O.
20J.0OO
Oct. 1. 1906
5
J. A J, N. Y.. Chemical Nat. Bank
80,000
1907 to 1915
do
do
6
450,000
1907 A 1918
New York A Nash.
44 J. A J
468,000
7
Various Newark, City Treasury. Mar., 1891 A 1896
556,000
do
do
1891 to 1892
443,000 44 A 7
J. A J Newark, Nat. State Bank
7
July 1, 1895
400,000
do
5 A 6
Various
do
Aug., 1903 A 191 J
1,200,000
do
1893 to 1909
do
2,5!-8,000 4,6 A 7 M. A S.
do
1892 to 1916
do
3,497,000 4, 44 to; Various
do
do
1890 to 1895
5
F. A A.
863,000
do
1896-'97-'98
A
J
do
4
A
J.
44
263,000
do
do
5
F. A A
232,000
Aug. 14, 1895
Mar. A July, 1906
do
do
4
M. A 8.
284,000.
Newark.
A. A O
4
Apr. 10, 1908
620,000
1891 to 1910
425,000 :i"a * 6 A. A O.
City Treasury.
do
6 A7
A. A O.
Oo'., 1889 to 1909
460,000
do
Oct. 1, '94 to 1904
4 A5
A. A O.
200.000
do
Var., 1889 to 1909
158,000 34.4A6 A. A O.
6
5
911,500
43-I.5O0
AN
1
4A6
MAN
J.
water works bonds
1867-69
Water bonds of 1873, '74 ($10,000 only are 6s) 1873-1874
1873
City Improvement bonds
1881-82
Sinking fund bonds
do
do
1882-85
500
500
Nashville, Tenn. Total bonded indebtedness October I, 1338, was
$2,318,300; assessed valuation, 1888, real estate, $20,236,700; personalty, $8,391,750; tax rate per $1,000, west side river, $15 ; east side,
$14. 1881 valuat'n $15,249,575. Pop., 43,350 in 1880; 25,865 in 1870.
As to new bonds in 1889 see Chronicle. V. 48, p. 420. Population
In 1880, 120,722, against 82,546 in 1870; In 1885, 155,300. Valuations
and tax rate per $1,000 have been
Real Estate.
Years.
Tax Rate.
Personal Prop.
1884
$61,571,512
$1,564,683
$32 80
1886
29 40
61,894,739
4,935,200
1887
4,983,650
63,981,430
29 80
1888
64,069,305
4,971,420
Value of railroad property, not Included above, $25,000,000, whloh is
suDject to a tax rate of 1 per oent for city purposes. (V. 46, p. 815;
V. 48, p. 420, 547.)
Kansas City, Mo. -Total funded debt Jan. 1, 1889, $1,045,121.
deducting sinking fund assets, net debt, $695,121. In 1885 assessed
valuation was $31,678,520. In 1886 real estate valuation was $36.In 1888 real estate valuation,
833,550; personal, Ac, $9,553,240.
banks and insurance companies,
$44,961,120; personal, $9,056.470
$4,162,350; merchants' tax, $3,669,830 tax rate per $1,000, $20 50,
of which $11 00 was city tax proper and $9 50 sohool and State tax.
Assessed valuation in 1888, 40 per cent of real.
Lawrence. Mass. Total debt, January 1, 1839, $2,169,000.
Sinking funds, $526,733. Tax valuation in 1835, $27,144,050; tax rate,
16-60; In 1886, $27,165,590; tax rate, 16-40; In 1837, $28,427,123; tax
rate, 17-80; in 1888, $28,971,979; tax rate, 16-00. Assessed valuation
toward 90 per cent of real value. Population in 1884 45,000; 39,151
In 1830; 28,921 in 1870.
Louisville. The funded debt, Jan. 1, 1889, exclusive of loans payable by railroads, was $8,189,000 ($685,000 for water works), against
$9,352,000 Jan. 1, 1887. The linking funds on Jan, 1, 1839, amounted
to $3,206,459. Population by Census of 1870 was 100,753, against
123,758 In 1880. The following figures give the assessed property
valuation: 1882, $70,029,721, of whloh $52,269,634 was realty; in
1884, $63,927,077, tax rate. $21 00; In 1886, valuation. $61,405,515,
tax rate, $2300; ln'88, val'n real est., impr'ts, etc (lncl. RR's),$S5,:
;
;
180.000
153,500
32,000
47,000
52,000
6
A7
7
M.
M.
7
J.
M.
5
A
N.
A N. N
A J.
A S.
FMAS
6
000,000; pers'l prop.,
Manchester.
!*.
etc.,
1892-1904
Ninth Nat. Bauk.
Bruns'k Nat. Bank, N. J Nov., 1889-1900
do
Jan. 1, 1890-92
do
do
do
Sept. 1, 1901-1908
1902-1903
do
do
N. Y.,
$7,269,487; tax rate, (levy of '6) $20-20.
In 1835, $21,137,464; tax rate
H.- Valuation
$17 50 per $1,000. Valuation in 1887, $21,903 476: tax rate, $17,
The net proceeds from the waterworks more than meets the annual
Population, 32,630 in 1880: 23,536 in 1870.
Total funded debt M*y 31, 1883. $3,241,711,
interest oharge.
Memphis, Tenn.
city defaulted on Its int. payments in '73, and the' Legislature passed
a bill, Jan., '79, repealing the city's charter, and the Taxing-Distriot of
Shelby County" was organized. March 23, 1883, an aot was passed
authorizing a settlement of the debt, whloh has since beeu effected at an
average rate (including capitalizations) of 60-53 per cent. Beginning
with July, 1839 coupon, interest on the Fiippen s .imped and the new
Tax District 4-6s is at the rate of 6 per cent per annum. In 1884 valuation of real and personal property, $13,499,325 tax rate, $23 50. Population In 1870, 40.226; in 1880, 33.592; in 1334, 62,335.
Milwaukee, Wis. The oityoannot issue debt beyond 5 perot. of Its
average assessed valuation of real and personal property for five years. In
1885 real estate, $61,445,921 and pesonal, $17,415,44-); in 1836, $82,641,743; in 1837, real estate, $69,962,865; personal. 19,009,315; and
tax rate, $17-50 per $1,009. In 1833 total assessol valuation, $96,543,488. Total bonds Jan. 1, 1839, $2,943,000, ot whloh $1,943,000
for water, sinking fund. Ac, June 1838. $346,019. Sinking funds are
provided, and all old Issues exoept the general bonds due 1396 may be
called in and paid by sinking fund at the rate of 5 per cent annually;
holders were misled as this was not stated In the bonds. Population,
71.440 in 1870 In 1887 (estimated), 180,000. (V 48, p. 827.)
Minneapolis, Minn. Total funded debt March 1/89. $6,12 1,500;
The
:
:
In 1889, valuation, $127,069,756; valuation
sinking fund. $425,823.
(about 63 2-3 per cent) in 1888: real estate $100,007,275, and personal
$21,082,480 total, $127,069,756; In 1886 total valuation, $1U7.-7V
159; tax rate $20 6J to $22 50; In 1885 total, $77,468,267; In 1880,
$28,013,315; tax rate, $1610. Population, 46,887 in 1880; 170,000
(estimated) in 1883.
Valuatiou 01 real and personal property in 1333,
Mobile.
$15,350,738; In 183 1, $13,578,347, In 1835, $13,763,822; in 1387,
$13,390,311; in 1833, real estate, $3,609.6 50; personal. $1,554,202;
and city tax rate, $13 50 per $1,000. Population 35.000 in 1385;
,,..',
31,297 in 1830; 32,031 in 1870. (V. 48, p. 99.)
.
July,
CITY
1889.]
SECURITIES.
11
Subscribers will confer a great favor by giving Immediate notice ot any error discovered In these Tables.
INTEREST.
Date of
Size or
Amount
DESCRIPTION.
Bonds.
For explanations see notea on first page of tables
par
outstanding
Value.
Kate,
When
payable
JFew Brunswick, X. J. -(Continued.)
Sinking land bonds
do
1885-86
1867
1388
do
Short bond
Commissioners of
do
streets
.$500
and sewers
do
Sev) Battn, Conn. Sewerage
Bonds (10-20 b'ds) reduced to 4 p. c. in 1 887.
Bewerage bds. (pay'le $15,000 y'rly from '95).
1871
1,000
1877
1,000
1883
1,000
Boul'vard sewerb'ds (pay. $25,000 from 1902)
1887
1,000
Mete Orleans Consolidated debt
1852 to '69 1,000
Consolidated debt, extended
1852 to '69 1,000
1884
1,000
Judgment bonds, red. at 100 on notice
Certificates to fund coupons, red. at 100
5 Ac.
1S83
Railroad debt (all extended except $18,000).. 1854-75
1,000
1869
50, Ac.
Funding loan of 1869 ($27,150 ext. to 1922).
1870
Funding loan of 1870 ($23,300 ext. to 1922).
50, Ac.
Park bonds (inort. on parks)
1871 A '84 1,000
Jefferson City (debt asiumed) extend'd
1857
20
Premium bonds (in exchange for other bonds)
1875
Water Works ($72,400 extended to Jao. 1923)
1869
Other old bonds me stly ex. to 1922 & 1 933) 1857 to '73
New funding bonds ($0,00f 000)
1888
Keaport, Ky. Bonds $15,000 only, due 1894 .. 1870 A '74
Bonds ($700,000 for water w'ks, 1901 to 1903) 1871 to '74
Renewal 20-yr bonds, $20,000 are 5- 20s
1880-83*34
1886
Bridge bonds
Neve York Armory bonds
500
1884 A '88
Assessment bonds
500
1884 to '88
Assessment fund stock
500
1868 to '83
Additional new Crotou Aqueduct stock
500
1872 to '77
Croton water stock
100
1847 to '52
Additional Croton water stock
500
1871 to '88
Additional waterstock, red'm'ble after 1913. 1883 to '84
500
Additional Water stock
1885-9
500
Croton water main stock
500
1871 to '81
Croton Reservoir bonds
100
1866
Central Park fund stock
1856 to '58
100
do
do
100
1865 to "-1
500
1869 to '78
City Improvement stock
do (cons. ,$687,803 red. aft. '96) 1876 to '80
do
500
o. A r.
1874
500
City lmpr. stock (cons, st'k)
100
1869 to '70
City Lunatic Asylum stock
500
11871 to'80
City parks improvement fund stock
Consolidated stock, county
c. A r. 1871 A '72
500
do
500
c.
city...."
Ar.|1871 A '72
do
dock bonds
o. Ar.|
1871
500
f
d.
do
1872
500
do
st'k,
city pks. impr.
do
red. aft. 1908
c. Ar.
1878
500
do
,.c.
Ar.
1874--75
500
city
do
500
1872 to '74
city
do
1874
500
county (A AB)
do
1874
500
eity (B AC)
E
A
F>
1876-'77
500
city (D
du
1877 to '84
500
city (GKLAM)
do
1880
500
city
do
consol. st'k (Riker's Isl'd)..
1884
500
do
River
..
1886
to
'88
500
(Harlem
Bridge)..
Dock bonds
1870 to '88
500
Consol. stock (Metropolitan Museum of Art)
1884-'88
5O0
Fire Department stock
1869-\0
100
Gansevoort Market cons, stock, rev. bonds.
5O0
1887 A '88
Market stock....
100
11867 to '69
Museums of Art and Natural History stock. |1873 to '81
500
N. T. City bds.for const.of bridge ov.HarleinR.1879 to '84
500
T Bridge bonds
1869to'75
100
do do Consol. stock, redeem, after '96
1876
500
do do $500,000 af.'96,$l,421,900af 19O0. 1876 to'80
500
do do $750,000 af. 1903,$416,666af. 1905. 1880 to '83
500
Ninth District Courthouse bonds
500
1871
Normal school fund stock
il871 A '72
500
N.Y. Co. Courthouse st'k, Nos. 1, 4 A 5
1862 to '82
100
N. Y. and Westchester Co. improvement bonds
1871
500
Public scnool building fund stock
1871 to '74
500
School House bonds
500
1884--88
Boldiers' bounty fund bonds
1864
100
do
do
No. 3
100
1865
Soldiers' bounty fund red. bonds No. 2
100
1868
Tax relief bonds, No. 2
c. A r
1870
5O0
Third District Court-house bonds
1874 to '77
500
Water stock of 1870
500
1872
Debt of annexed territory of Westchester Co.
500
Cons, stock ($70,000 due Nor. 1 19 13)
500
1887 A '88
Cons, stock (new parks) red. 1909)
1889
500
.
. .
i
. .
t
.
j
,
,
6
$141,500
45,000
40,000
484,100
375,500
499,000
150,000
150,000
175,000
908,000
P
1,082,325
1,875,750
397.000
(1)
75,000
800,000
129,000
38,000
1,472,000
4,158,000
Various
Various
A D.
6
5
J.
J.
6
6
6
6
A7
A7
A7
6
5
5 A6
6 to 10
5 or
less
8
73
5
4
2^A
J.
A N.
M.A N.
A. A O.
J. A J.
F. A A.
J. A D.
6
7
4
6
A
M.
7
3,394,5('0
567,750
375.750
249,000
41,500
7,179,000
82,400
246,021
J,
5
6
3
3, 3>s
1,393,650 4,5,6 A 7
1,331.300 5, 6 A 7
5A6
321,400
6.559,000 2ito6,7
445.000
3, 3*9
20,400.000 2>s.3,3is
5,196,000 4,5,6A7
6
20,000
5 A6
674.300
6
1,766,600
7,977.515 5,6 A 7
5 A6
701,419
820,000
6
700,000
4,799,000 5,6 A 7
8,885,500
*
4,252,500
5g
1,000,000
6g.
862,000
6g.
6,900,000
5g
6g.
1,564,000
6 A7
2,455,000
7
1,680,200
7
6,324,700
A6
5
1,858,349
4 A5
956,100
4
2,800,000
8
180,000
2,810,000 2>aA3
13,603,000 2s to 7
257,000
6
521,953
8
503,715
6 A7
296.000
958,000 4,5 A 6
499.500 3,
6
1,500,000
6
500,000
5
1,921,900
4 A5
1,166,666
7
300,000
6
200,000
1,053.000 4.5.6A7
6
30,000
6
636,000
3
1,958,000
6
1,000,000
7
745,800
7
876,600
7
8,000,000
47
'
-
24A3
4A5
398,000
475,000
658,500
262,000
A6
A7
7
2 Mj A3
8,957,000
Pi
5
6
A J.
A S.
J. AD.
Various
J. A J.
Various
M.
J.
INVESTORS'
19
KubMriben will confer
a great
Iknr Uf giving Immediate
DESCRIPTION.
Date of
Bonds.
Norfolk, Va. Coup, bouda ($413 400 due 1914)
(Coupon bonds of 1881
Trust and paving, coup. ($189,300 due 1893).
Coupon bonds
1st M. waterworks ($500,000due May, I 901)c
Ac, bonds (exempt from
city tax)..o
Omaha, Kcb.V. P. Bridge and Depot bonds
Bonds ($66,100 re 7s, due Nov.. 1900)
New bds, $25,000 due yearly, 1890 to '97 lnol.
Funding and Sewer bonds
Sewer bonds...
School bds ($6,000 are 4 4b, AAO)
PaitrtoH. > J.
Funded debt bonds, $5,000 due yearly
Sewer b'ds ($2 1 4,000 arc J A D. A $90,500 6s)
Sewer appr. bds., $11,000 due y'rly fr. 1900
War bounty bonds (about $20,500 due yearly)
Renewal bonds. "B," "C," "l>," "E" and '!*'.
Park bonds, payable yearly after 1907
.
Peoria,
Ills.
Philadelphia
New f und'g <"H"-"Y")$400,000,dueyly.af.'89
cAr
Water exten. loan
r
Water loan
bonds...
Funded debt and other municipal
cAr
Compromise railroad bonds
Funded debt imp. bds(77,000onlyduel912)cAr
cAr
Improv. bonds (Act of May 9,'79)
Portland, Me. U>an to Port. A Rochester RR
do Portland A Ogdensburg
Municipal proper and notes
Funding loan (red. on or after July, 1902) ..
cAr
Providence, R. 1. War loan bonds
Water loan bonds, gd. ( rS 20,000 are 6s, op.) .
oAr
do
do
do
oAr
do
gold coupon
oAr
City Hall A sewer loan b'ds, sterling
loanofl879
oAr
do
r
Public Imp. loan ($450,000 due 1899)
Prov. A Springfield RR. bonds, guaranteed.
Pittsburg
1870-'84
18Hl-'86
9860,200
8*0,000
190,800
37,500
640.000
70,000
162,860
1880-'83
18*8
1882-'87
1,000
268, l<
1*8(1
1,000
19 59-'* 6
1871
1869-'82
Highway loan
Qntney, III Bonds
Mo.
KR
Bonds ($184.01,0, due 1908 int. July 1)
Richmond, Va. Bonus
Bonds, reg. at.d coup. ($213,500 are ooup.).
fives.
500
500
500
1887
1864-'65
1877-'87
1888
500
500
500
50 Ac.
50 Ac
50 Ac.
50 Ao
50 Ac.
50 Ac
1 860 to '70
50 Ac
1868to'74 50 Ac.
25 Ac.
1879
1868 to '74 100 Ao.
25 Ao.
1878
1845 to '72 500 Ac.
100 Ao.
1863
100 *c
1882-'83
100 Ac.
1885
500 Ac.
1872
1855
1855 to '71
1859 to '70
1868 to '70
1862 to 65
1872
1867-79
18*7
1863
1872-74
1876
1896
1875
1879
1879
1872
1887-88
r 1866 to '77
1870
r 1886 A '88
oAr
Special
New
outstanding.
$100
100
100
500
100
600
50 Ac.
1872 -'73
1887
1871
1889
1869
.
A
Amount
par
.
Consolidated city loan
Bonds for railroad stock subsidy subsortpt'ne
do for water works
do for bridges
do for park and Centennial
do for war and bounty purposes
do municipal, school, sewer, Ao
Guarant'd debt, gas loans,$980.200 due '99
Miss.
Size or
War loan
Water loan
Refunding
10-34 years
Y.
739,500
727.000
300.000
4,000,000
1000 Ac.
lOOOAc.
1,000
100
lOOOAc
Large.
1,000
Various
1,500,000
483,000
1,397.250
600,000
596,000
500,000
40,000
1,232.900
100.000
234.000
1,943,493
1,179.700
2,015,050
r
1839
. .
For city improvements ($335,000 due 1902)
Water works loan, coupon and registered
Funding loan
416,000
1,000
lOOOAc.
.
r
if.
1,226,000
2,179,223
1,480,000
3,734,700
1,200.000
To Genesee Valley Railroad
1872
1,000
To Roch. A State L. and R. N. A P. Railroads. 1872 to '74 lOOOAc.
Rochester,
217,000
877,000
100,000
84,000
65.000
383,500
65,500
270,500
883.500
125.000
929,420
255,000
315,000
992,220
256,800
6,264,800
3,830,000
8,403.200
11,706,500
22.186,075
3,500.500
6,204,975
4,282,500
300.000
1,000
500 Ac
Bonds ($276,000 due 1920.-$152,700due'21)r
Bond
notice of
Value.
For explanations see notes on first page of tables.
Bewer,
SUPPLEMENT.
1872 to '75 Various
1873 to '76 lOOOAc
1875
1,000
1882
5.000
Oonsol loan
1885
Local Improv. fund loan (redeem, at pleas.)
5,000
1888
Rochester Park bonds J300 000)
5,000
9t.Lov.it Renewal bonds ($lo0,000only are 7s.) 1868 to '79
1,000
1875 to '79 1,000
Ren'w'l bds, $472,000, '95: $100,000. '96
do *A ($548,000 10-203, int J. AD.)
1.000
1880
do $ A * (10-208)
1882-83-85
1,000
Various
do
18-17
do $ A* ($1,559,00 J due Apl. 10,'08)
1888
1,000
do gold(A$)
1889
1,000
1875
General purposes ($55,000 Caron. indeht)
1,000
1868
Tower Grove Park bonds (gold)
1,000
1869 to '75 1,000
Sewer oonds ($200,000, Jan., '93)
1,000
rTewwat.w'ks,g.(*450,000, June,'90c'y treai) 1870 A '72
1874
Refunding water pipe, special tax, gold, $ A
1,000
1874
1,000
Floating debt
1866-75
Real est., g. ($21,000 5s'90,$245,000 6s 1906)
1,000
500
1872
Bridge approaoh bonds (gold)
1885
Bonds for St. L. Gas Light Co.,Judgm't. or $
1,000
1.000
St. Louis Co. bds. assumed, genl. purposes, g.
1872
Park bonds, coup., gold
do
do
1875
l.ooo
50 Ao.
1881
81. Joseph. Mo.
Funding bonds
bunds
1883
l.ooo
Funding
. .
(
478,7/5
43,700
124,000
750,000
484,000
3,182,000
410,000
100,000
150,000
200,000
2,526,000
1,840,000
1,024,000
913.000
2,840.100
3,544,000
276,000
555,000
340,000
330,000
1,700,000
800.000
900,000
465,000
461,000
950,000
600,000
1.900,000
763,800
Real
Personal
Tax p. $1,000
Net Deb*
Estate.
Estate.
State A City.
Dec. 31 *
Years.
1885.... $1,168,413,137 $202,673,866
$93,031,951
$24 00
2*60
1886
l,2i'3,941,06S
217,027.221
90,395,631
2160
1887
1,254.491,849
253,148,814
93,300,581
22-0
1883
250,623,552
1,302,818.879
91,313,135
law in 1885 that the indebtedness should
The Legislature passed
not exceed 10 per cent of the assessed value of real estate, and this 10
the bonds
not to Include
Ap_
per cent was construed by the Court of Appeals
"
Sec tax levy fo
for 1889 V. 49
B> the sinking fund as a part of the debt. See
p. 22. (V. 47, p. 21, 532; V. 48, p. 452, 481; V. 49, p. 22.)
Norfolk, Va. Total funded debt June 30, 1897. was $2,472,398,
of which $040,000 was for water; sinking fund appropriation for 188788, $9,264. The assessed valuations and tax rate per $1,000 were
Real Estate.
Years.
Personalty. Tax Rate.
18
1886
$11,963,450
$1,739,630
18
1887
12.0*4,2O5
1,64 \820
13,315.445
1888
17-70
1,895,360
Population by U. 8. Census in 1870, 19,229 in 1880, 21.966.
Omaha. Total funded debt Ma. 1, 1888. $1,398,950. Assessed
valuation in 1*37 Personal property, $3,716,625; real estate, $12,798,119; total, $16,514,744; tax rate per $1,000, $46 50. Assessed valuation Is remarkably low (treasurer says one-eighth of true value), benue
State taxes are levied on tamo valuation,
tax rate appears high.
which explains the undervaluation.
Finances
are apparently In a sound condition.
N.
J.
Pateroon,
Floating debt March, 18-9, $170,000; funded debt. $1,313,100. The
assessed valuations, tax rate per $1,000, Ac, have been:
Real Estate.
Tax Rate.
Years.
Debt.
Personalty.
1881 -5
$3,816,500
$19,205,501
$25 00
$1,168,500
25 00
1886-87
20.467,i76
3,913,863
1,167,000
1888
25 00
21,190,410
4,217,573
1,343,100
-Population, 51,031 in 1880; 33,579 in 1870.
Funded
debt
III.
Deo.
deduct water
31, 1887, $635,000
Peoria,
debt, $4.~>i),0Oo ; net debt, $185,000.
Population, 29,259 in 1880:
22,849 in 1870: in 1886 (estimated), 45.000.
Philadelphia. Jan. 1, 1889. the funded debt was $57,146,095.
(agaiust $70,970,042 in 1880), of which $8,261,800 was waterdebt;
(Inking fund assets (City, State and Gov. bonds at par, etc.), $24. 132.200
:
;
902,000
any error discovered
When
Principal
Due.
Various Bait., Brown A Lo'sANor, July, '94 to 1914
A, AO.
do
do
1911 to 1916
A. AO.
do
do
Apr.. '92. July,'93
M. A 8.
Norfolk.
Sept. 1. 1917
6
S
8
5
A8
M.
AN.
New York and
Norfolk.
5
A7
6
6
A A.
t>
4is A 7 J. AD
7
J. A D.
6,6,7 Various
4
J. A D.
7
J. A D.
4, 4*8*0 Various
4
A. A O
M.A N
41,
1901,1914 A1915
19 19
A. A O.
Various
8eml-an
Various
10
6
XL1X.
In these Table*.
INTEREST.
When
Where Payable and by
Whom.
Pay'ble
Kate.
5
[Vol.
N. Y.. Chem. Bank.
Kouiitxe Bros.
do
do
do
F.
do
do
do
City Hall, by Treasurer.
Oct., 1889
1900 to 1H03
July. 1890 to "97
1902-1907
Aug.. 1906
1889-1904
1889 to 1900
1889-1902
1900 to 1905
1889 to 1900
1901-1916
1908 to 1912
Mar. 1, 1902A'03
do
do
do
do
do
do
do
do
do
do
do
do
N. Y., Merch. Ex. Nat. lik
do
do
6g.. 7 Various
Aug. 1,1889-1901
Si,
1908
N.Y., Am. Exob. Nat, Bank.
6
1889 to 1897
Philadelphia, by Treasurer.
6
do
do
6
do
do
1889 to 1903
6
do
do
6
do
do
do
6
S 1891 to 1906
do
6
do
do
6
do
do
1899, 19O0,'2,A'5
4
do
do
Dec 1884 to 1904
7
A. A O. Phila., Townsend, W. A Co
1893 to '98
6
J. A J.
do
1908
do
1893 to 1912
5,6 A 7 Various Pittsburg and New York.
4 A5 J. A J New York, B'k of America.
1913
5
1912-1913
Pittab'rg and Philadelphi
4
J. AD.
Deo. 1, 1915
Pittsburg, Treasurer.
J. A J. Bos., Maverick N.Bk.orPtld
1
July 1, 1897
M. A S.
do
do
Sept. 1, 1907
6
1890 to 1897
m'nthly Boston, Mar., Bk. A Port
4
J. A J.
do
do
July 1, 1912
5
A
Providence.
Jan. 1, 1893
5 A6g.
A
Boston, Prov. and London.
July, 1900
A
N. Y., N. City Bank, A Prov
5g.
July 1, 1906
New York or London.
3>sg .A
Sept. 1, 1916
A J. London, Morton, Rose A Co July 1. 1895
5g.
A D.
4.H
June 1, 1899
Providence.
5
A J.
do
Julyl.'99A 1900
7
A J. Providence, Am. Nat. Bank.
July 1, 1892
5
Various
Provldenoe.
Oct. 20, '89, '90
6
J. A J.
New York,
July 1,1890 to '99
6
Jan. AJulv, 1900
A
J.
IH
July 1, 1906 A'08
6
A J. Richmond, Auditor's Office July. 1889-1914
8
do
do
ly04-1909
5
do
do
July, 1914 to '22
4
do
do
1920, '21 A '22
4
do
do
Jan. 1. 1923
7
N. Y.. Union Trust Co.
Jan. l,'90 to 1903
7
F. A A. New York and Rochester.
Feb. 1, 1893
7
do
Various
do
Jan. 1896 to 1902
7
N. Y., Union Trust Co.
J. A J.
Jan. 1, 1903
7
J. A J.
do
Jan. 1, 1905
4
F. A A.
do
Aug. 1, 1912
3
J. A J.
do
1890
3
J. A J.
do
1928, redeem. '98
6 A7
Various N.Y, Bk. Com A Bk. Repub. July,'89'91'*3'94
6
Various N.Y Nat. Bk. of Com.ALon. 1895, 96, '98, '99
5
J. A J.
do
do
Jan. A June, 1900
4
Various
do
do
1902-'03-'O5
3-65 J. A D
do
do
Juae2V 1907
4
do
Various
do
Apr.,l9o8Al9l8
1919
3ig J. A A. N.Y.,Nat.Bk.of Com. A Lon.
6
Various
N.Y., BankCommeroe.
May 1, 1895
Aug. 1. 1898
6g. F. A A. N. Y., Nat. Bk. of Republic.
1893'4'5
6A6g. Various N.Y.,Nat. Bk. of Commerce
6
g.
5
A hi. Louis.
B kof Com.ALon.
Various S.Y.,B'kof (Nun
A N.
M. A N.
A6 M.A N.
6g. I. A D.
J. A D.
Li J.A. AA D.
O
I* F. A A.
6
F. A A.
6g. M.
N.Y., Nat,
do
do
do
do
N. Y., Nat. B'k Commerce
S.Y., Nat. B'kof Com.ALon.
of Com. ASt. Louis.
N. Y.,
N. Y., Nat, B'k Commeroe.
S. Y., Nat. Bk. Commeroe.
Bk
do
do
18 c 0AAprill'92
July
July
I,
1,
1894
1894
June
June
1,
1,
1905
1892
1890, "95 A 1906
Dee. 10, 1892
April 1,1905
Feb.
Aug.
1,
1.
1901
1903
in the following fable the assessed value of real estate Is near Its cash
value, and debt Includes outstanding warrants.
Years.
Debt on Jan. 1. Real Estate.
Personalty. Ti>x Rate.
$583,612,683
$18 50
18 50
64,131.362
587,749,82-5
10,035,600
18 50
62,589.679
601,001,971
10.307,644
1
50
5 >,840,046
619 059.97
10.610 325
18 50
58.77-.213
644,003,374
3,149.665
19 50
57,942.9j5
6(36,324,799
3,182.765
Assessed valuations of property for 1889 were: Full oitv property,
$007,259,349 (tax rate. $19 50); suburban property, $43,493,710 (tax
rate, $12 33); farm property. $18,755,505 (tax rate, $9 25). Population. 1870, 674,022, against 847.170 in 1880.
Pittsburg. Total debt Jan. 31, 1889, was $13,203,251; net,
$10,454. i66. The assessed valuation in 1881 was: Real property,
$105,404,720; personal, only $1,838,258; tax rate, 1884, $16 pet $1,000
Valuation of real estate in 1885, $108,530,608 personal. $3,00o.0O0;
tax rate, $13. Valuation of real estate In 1887-8, $132,266,000; perianal,
$2,464,000; tax rate, $18. Valuation Jan., 1889, real, $i(,782 363;
personal, $1,51 9,332; tax nte in 1889, $14. Population, 156,389 in
1880; 86,070 tr. 1870. and on July 1, 1887 .estimated). -205.000.
Portland, Itle.-Total debt April 1. 1889. $ ,082.000; sinking fund,
$:3.*>,571 and $2, 200, 30 J of P. AOg. RR. stock, valued at $7 9.175; net
debt, $2.0 >8,353
33,810; 1887 (eetim'd), 40,000.
Population in
The assessed valuations, tax rate. 1880,
Ac, have been:
Real
Personal Rate of Tax Tot. Debt Sinking
Years.
Estate.
Property, per $1,000. Mar 31. FundB, Ac*
1884-85.. $20,794,300 $12,014,435 $20 50 $4,280,000
$100,408
1885-86.. 21,209,000
2100
162,986
11.759,525
4.285,500
1886-87.. 21,571,000
2100
167,627
11,862,200
3,942,500
1987-88.. 21,8O,5O0
140,652
21 00
11,901,540
3,437,500
1888-89.. 22.120.o00
2020
3 092.500 1,023,706
11.952,405
*
These do not Include the sinking funds for railroad loans.
Providence, K. I. Floatiug debt Sept, 30. 1888, $1,030,729. The
unking fund for bonds due in 1693 is $377,647 1895-99, $1,053,124}
1900, $42,845
190O-06-16, (water loan), $489,313. Sinking funds are
invested in the city's bonds and notes. Net expense for water works in
year 1887-8 was $8,003. Pop. 1870,68,904; 1885, 118,070. Thelawsof
Rhode Island now limit the debts of towns to 3 p. c. on assessed valuation.
18*4
1885
1886
1887
1888
1889
$t>7,054,964
;
;
Jolt,
CITY SECUKITIES.
1889.1
13
Subscriber* will confer a great favor by giving Immediate notice of any error discovered In theae Tables.
DESCRIPTION.
r'orexplanat ions 8 ie notes on
first
Date of
Size or
Amount
Bonds.
par
outstanding.
Value.
page of tables
Paul, Minn. Bonds, $7J,O0O due Feb., '90.
Bonds, $50,000 Oct., '89; $60,000 Oct., '95
do
$100,000 May, '98; $50.00 Nov., 99.
do
$40/
Apr., '99;$75,000 Apr., 1904
do
$30,000 Apr.,190, $45,000 Aug., '04
do
$l<5,0t Ap., 1903: $95,000 Mar., '09
do
$265 000 19 3; $125,000 1914
do
$225,000 Jan., '1ft $200,000 July, '10
do
$55,000 Aug., 1906; $26,000 Juue, '07
do toRR ., L. Sup. A Miss. A St. P. A Chic.
d local irop.,'98,A0.parkt$100,000J'ly,'03)
do of old Water Co
Salem, Jfa*.-City debt ($J25,000 6s)
Water loan, $75,000 due April, 1898
do
_
San francisco Cen. Pac. RR. drn atl00cou.(g.)
Western Pacific RR dr'm at 100, coup, (g.)
8ohool bonds
School bonds
..
Park Improvement bonds
bonds
J.
.
Hospital
House of Correction bonds
;
City Hall construction
Si.
.
.
1860 to
'79 Various
$1,000
500&C.
1.000
1,000
.
i
.
.
,
Montgomery Ave
1886-7-8-9
1,000
1.000
1,000
1,000
500,4o
1873
1,000
Various.
100 Ac
100 Ac
1868-9
1878
1864
1865
1870
1874
1872 to '75
1871 to '73
1874
1875 to '76
1873-74
1876
1879
1883
1,000
500 Ac
500 &c,
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
(special tax)
DupontSt. (special) (Aot March 4, 1876)
100 Ac.
Bavatmah. Oa. Compromise bonds of 1879 ....
10 1 A".
Compromise bonds of 1883
Bomerrille, Mass. Bonds ($10,000 5Jas, 1904).. 187(1 to '85 Various.
Bonds
1886 to '88 1,000
1,000
3vri>u//lcld.Masi. W.loan$25,r09y.'94-1902.c
Water loan ($775,000 are 7s, due 1903)
c
1,000
Railroad loan, $20,000 due yearly
1,000
1875 to '87
Toledo, 0. General fund city bonds, coup
1874'77
Floating dtbt refun ling bonis
Toledo
& Wood vllle Railroad,
Waterworks ($3,000 only 6s)
coupon
1870
'73,'74A79
1833-'84
Bridge bonds (redeemable arter 1893)
M. City, ($700,00 ) ext'ded to 1905). 1861 to '83
Sewer debt
r 1870 to '88
Water debt
r 1 870 to '89
Park debt
r
1888
Worcester,
500 Ac.
500 Ac
500 Ac.
500 Ac,
INTEREST.
7
6
5
5
5
431,000
235,000
200,000
160,000
548,500
225,000
398.500
140,000
75,000
285,000
200,000
475,000
210,000
150,000
374,500
4
6
919,000
3,306,000
348,500
361,500
Various
7
1,240.000
2,199,000
4
'a
6
8
4
J.
A6
A.
5
J.
J.
7g.
M.
J.
-
J
J.
?.
6g. M.
J.
J.
l
g
r.
-
647
4 to 8
6 A8
Due,
do
do
do
do
do
do
do
do
do
do
Bank
do
do
do
do
do
do
do
do
do
do
1889, '90, '93, '97
1889, '90, '95, '97
'98. '99. 1903, '04
April,
1899 A 1904
A '08
A 1909
1903, '04 '05
190s
1913, '14 A 1915
1916, '17/18, '19
Aug., 19 >6, '07, '12
189 i
A
1900
July, 1898 A 1903
Jan. 9, 1889
Various to 1908
City Treasury,
do
Apl.1,1893 A 1898
do
July 1, 1904
San F. A N. Y Laidlaw A Co,
Julyl, 1894
do
do
Mayl. 1895
do
do
June 1,1890
d
do
July 1, 1894
do
do
1897 A 1904
do
do
Nov. 1, 1891
do
do
July 1, 1894
do
do
July 1. 1899
A
8an.F.A N.Y.,LaidlawA Co.
N. Y., Eugene Kelly A Co.
do
do
(?)
J.
do
1896
Feb. 1, 1909
July 1, 1913
Jan. l,'89 to 1904
Various Boston, Nat. Seourity Bank
do
Various
do
Oct., 1889 to 1907
Various Boston, First National B'k.
1894 to 1902
A. A O.
do
do
1903 A 1905
A. A O.
do
do
April 18*0 to 1898
Various tf. Y., Imp. A Trad. N Bk.
1899 to 1917
do
do
Various
1889-1892
M. A N.
do
do
May 4 1900
Various
do
do
1893 to 1899
7
.
7-3
6
Y. Chase National
do
5
5
4
1,032,000
Kf.
Wht
Prlnolpal
Whom.
A O.
A J.
A J.
A N.
A D.
A J.
A J.
AN.
A J.
of:
414,000
225,000
975,000
80,000
290,000
432,000
1,000,000
250,000
1,883.400
860,000
A
Various
6
I s
Where Payable, and by
Pay'ble
8
$263,125
163,000
195,500
118.000
106,000
705,000
1,579,000
When
Rate.
A8
A.
5
A
A
O.
do
do
Oot. 1. 1913
6 Various C.Treas.ABost. Mchts. 'Bk. 1889to'94A1905
5 Various
do
do
Var. 1899 to 1908
do
do
1890 to 1919
1,002. ::00 3^, 4,5,6 Various
do
do
200.000
4
IA A >.
April 1, 1938
4, 5
4, 413,
i
SUPPLEMENT.
INVESTORS'
14
<
[Vol. XLIX.
=
Subscribers will confer a great favor by clrlux Immediate notice of any error discovered la these Table*.
DESCRIPTION.
For explanation of column headings, Ac, see note*
on flrot page of tables.
Alabama
(treat
Southern
Gen.M. sUrl. red. at 110
c
l*t mortgage, gold
June 1,'aS, 1,160,000.0
Debentures, gold
Certificates, sinking fund
Alatama Midland lal M. ($16,000 p. m.), gold.. c
Ala. y. 0. Texas <t Pae. June. 1st deb. .red. at 115.C
0"
3d debentures
Alabama d Yiclubarg Vlcksburg AMeiidianlst M.
Con. lit mort., g., ($1,800,000)
2d mort., inc. for5 years, non-cucn., g., ($700,000)
Albany d Suit/. Stock, 7 p. c. lental D. A II. Canal.
Albany City loan (sinking fund, 1 per ot. yearly )c
Consol. m., (guar. D. A H. endorsed on bonds)e*r
AUtgheny Valley General mortgage (Rlv. Dlv.)..o*
0*
2d nii.r't., to State Pa. (endorsed) Eastext
o'
1st mort., East'n Exten., guar, by Pa. RR
with
traffic
income
bonds,
guarantee, o*
Funding
c
Asheville d Spartanburg 1st mortgage, gold
. ...c
2d mort., gold
INTEREST OR DIVIDEND*.
Miles
of
Date
81xe, or
of
Far
Koa.l.
Bonds
Value.
Outstanding
290
290
1878
1883
1,000
$1,714,000
1,341,360
lHHt;
175
143
143
143
209
142
142
132
110
110
259
71
71
254
34
ilcAiion Co/.<Paeitfe IstM. ($16,000 p.m.)guar.o*
Atchison Jewell Co. d West. 1st M.,guar.C.B.U.P.0
Atchison Topekad Santa Fe Stock
7,121
471
1st M.. g.. ($15,000 p.m.) Atcli.to west bound Kan.
Landgr. M.,g.. ($7.500p.m.). not drawn
5 p.c, bds. N.M.A8 P. coll. (dr. at 101) s.f. $38,950
372
8. F. 5"i bds,plaln (red. at lolls. f. $37 ,000 yearly
c*r 206
AH% s. f. bds. (dr'n at 100) s. f. $77,000
6% s. f. secm'd. bds. (dr'n at loo) s.f .$143,000 c.vr
Collateral trust bonds., gold (V. 44, p. 245).. ..c*r
Notes secured by 2d M. lor $10,000,000, Ac. .
At. T.A8. Feint liic (term.)gn.goldJlO.OOO.OOO.c
27
Wlch. & 8.W. ,1st M.,g. ($15,000 p.m. (.Int. guar....
IT. C. Ton. A w.ist M.. e. (ia.ooo p.m.i.rental u
100
100
18S8
1*-S
1882
Various
ljObo
1H84
J!10<>
1**1
1889
1.000
100
100 Ac.
1889 100 Ac
$100
18*65
1876
1806
1870
1871
1874
1885
1887
1879
1879
1,000
1,000
1,000
100,000
1,000
100 Ac
1,000
1,000
1,000
1,000
100
500 Ac.
500 to.
1869
1870
1880
1,000
1380
1,000
1880
1,000
1881 1,000*.
1887 l.OOOAc
1888
5,000
1887
1,00
1872
1,000
1.000
1875
Amount
670,000
81.935
$2,8 0,000
7,l2e,0OO
2.232,000
1,000,000
Rat* pel
Cent.
S
6
g
-
g.
4
eg.
g
'
l
When
Where Payable, and
whom.
Payable
bj
N.Y..Farm.LA Tr.ABos
London .Corup'y's office.
do
do
do
do
X Y.McLTr.Co A Mont.
Last paid April. 1887
Last paid Jan., 1887.
N. Y.
3,500,000
1,000.000
10,000,000
4,000,000
2,200,000
10,000,000
9,727.000
500.O0O
500,000
4,070,000
542,000
75,000.000
7,041,000
2,200,000
910,000
3,441,000
4,532,000
3%
6
6g.A7
Agtnoy.
do
do
N.Y.,Del. A Hud.Can.Co
do
do
do
do
5
N.Y.,Wlus. Lanier, Phlla
Julv, '87. coup, last p'd.
1 1.27 .,000
6
15,001,000
3,500,0
5.500,000
412,000
854.000
5g.
N Y.,Kidd-r. P., ABost.
6
Boston. Of, 95 Mils St.
N.Y.,Kidder, P., A Boat
Boston, North Nat. Bk.
Boston, Everett N. Bk.
(I)
(1)
11
730
do
do
-
7
7
Phil.,Pa.RR.CoALond n
Wal
6g.
N.Y., R.ADanv., 2
}*
e
N.Y.U.P.Of.AUn.Tr.Oo.
N.Y.U.P.Of.AUn.Tr.Co.
N.Y., Boston A Chicago
Boston, North Nat. Bk.
do
do
Boston, Boston Nat.B'k.
do
do
do
H
I s
-
v5
do
Boat. Safe Dep. A Tr. Co.
N.Y.,B'kof Com. A Bost.
4>
S
l
7 a.
-
Bonds- Prtno pal, When Due.
Stocks Last
Dividend.
Jan.
1.
Jilt,
1389.]
RAILROAD STOOKS AND BONDS.
13
16
xjTVESTOKS'
Subscribers will confer a crest favor
DESCRIPTION.
bjr
SUe, or
Amount Rate
par
per
Value. Outstanding
Cent.
Miles
G6
148
144
64
92
m
143
1*5
139
42
271
100
812
269
265 Hi
265 Hi
M
redeemable
1st mortgage
Inoome bonds
1,000
1.000
1.000
1,000
1,000
100 Ac.
100 Ac.
l.OOOAc
1,000
3")0
m
Pref. uiori..
$200,000
1,000
l.OOO
1,000
1.000
1.000
1,000
1,000
99
73
45
79
48
372
262
210
210
911
911
m
500 Ac
1,000
1.000
100 Ac
100 Ac.
100 Ac.
100
1.000
1,000
500
(not cumulative), guar
C
Atlanta A Flnri<lulHl moit. ($15,000 p.m )
Atlanta <t West I'oinl Deben. cert, redeem, after '91
Atlantic Atlanta <tQl.W. 1st M.($12,o00 p.m..)g.c'
o'
Atlantic City 1st mort gold, (f2. 200,000)
Atlantic it ttanvillr1 sr mart, gold. *lfi.000 n.m e
nii
1,000
1,000
1,000
104
154
,
cent mortgage bonds of the Rio Or. Mex. A Pac. and $500,000 of the
RioGr. A El Paso roads as security, the sink. fd. being lHi p. ct. per annu in rising to 3 Hi by 19 10. with which bonds are bought or drawn at par,
registered bonds for $5,000 issued for coupon bonds, and are not re
,
deeuiable
till
I
Vol. XLIX.
giving Immediate notice ol any error discovered In these Tables.
Bonds Prln
INTEREST OR DIVIDENDS.
of
For explanation of column heading*, Ac., see notes
Boa4.
on first page of tables.
A. T. <t 8. F.tOnnlinuid.
K. C. Toil. A W. Inc. bds., ($4,600 p.m.) guar.
Pueblo <* A. V.. 1st M., gold. $14,000 p. in. gua.o'
o*
do
1st (4 2d. 148 m.), guur
do
K. C. E. A 8, 1st M. 88.01 Op. m., g., g
Cowley 8. * Ft. Bui.. 1st, $8,000 p. m. g., guar...
Mar. AMcP., 1st. $7,000 p. m., g., gn
). lnt.gu.
Flor.El Dor.AW.Val., lst.g. ($10,000 p.
1st m. coup
Wichita A Western, guarantee
King. Pratt A West., lst.guar.<$15.000p.ui )..o*
Leav.Top.A8.W. Intnl., guar. by AtAHtbyUn.P.
N. Mex. 4 Bo. Pac. 1st. g., ($15,000 p. m.). guar.
gold, int. guar. ..
Bonora, 1st niort., $2',000 p.
l',ii.Sn..i.-t M ,810,000 p.m..g.,gu.,s.t.dr'aaU12o"
Incouie bonds (non c mutative)
Clitc. Kan. * West.. 1st, g, guar. ($14,000 p. m )0*
inc. bds.. non oum ($7,000 p. m.).o*
do
Chlc.B.Fe A Cal.,lst A2d M.on 90 in ), g, gu-tr.o'&r
Louis
St.
1st It. ($10,000 p.m.)
Chic*
Bo. Kan. K.C. Law. A Bo., lstM. ($].' ,000 p.m.)
West.
So. Kan. A
lst,(s.f $31,037y'ilydr.at 110)
Ottawa A Burlington KK. 1st in. $12,000 p.
1st. g'd,guar.($16.0J0) p-nxo*
8. Kan.(Gulf Dlv.)
Bo. Kans In Texas, 1st
($1>V100 p.m ),g., guar.
S. Kan. Income bonds, guar., $1,000 p. mile)
Atlanta* Charlotte. Stook(5p.e.rent'l Rfch.A Dan.)
SUPPLEMENT.
after coupons.
The 6 per cent bonds due Dec. 1, 911, have as seourity 1st or 2d mort.
bonds of a number of the proprietary or controlled railroads, at not
1
7g.
1,633.000
2,082,000
5*2,000
798,000
713.000
775.000
791,000
956.000
1,380.000
4,425,000
4,050,000
2,081,000
3,494,000
13,281.000
6,510,500
15,350,000
1,500,000
2,940,000
1,605,000
500,000
4.33S.0O0
1,583,000
1,480,000
1,700,000
50O.000
4.250.000
750,000
1,550,000
1,232,200
3,000,000
2,200,000
2.632.'00
7
7
g.
g.
g.
When Where
Payable, and by
Whom.
Pay'ble
M A
J.
J.
J.
A
8. Bost.,
J
A J.
A J.
7
A. A O.
A. A O
I*'
g A. A O
l
J. A J
J. A J
6
4 g. J. A I,
A. A O
? I: J. A J.
J. A J.
8* M. A S.
S- J. A D.
6
May 1
J A J
M. A 8
A. A 0.
6
J. A J.
7
A. A O.
6
M. A S
5g M.
A 8.
5 *
6
May
M. A 8.
2kl
A. AO
7
J. A J.
7
A.
A O.
6
J. A J
J. A J.
6g. J. A
M. A N.
%
8 g. A. A O
-
">
"-
.1.
Dividend.
Everett Nat. Bk.
No. Am.
Bost., N. Bk. of
do
do
Boston, North Nat. Bk.
do
do
do
do
Boston. Nat. B. No.
do
do
Am
do
do
Boston, Am.L'nATr.Co
Boston, Everett Nut. Ilk
Boston, Nat.Bevero Bk.
Bos., Mav. Nat. Bank.
3d coup, paid Bepl
Boston. Boston Nat.Bk.
None paM.
N.Y.Han.Bk. Bos.ALou.
Farm's
L. AT. Co.
N.Y.,
Boston, Union Nat. Bk.
do
do
do
do
Boston. Boston Nat.Bk
do
do
Boston.
N.Y.Cent.Tr.Co ,54 Wall
do
mi
do
do
do
do
N. Y. Cent. Tr.
do
1-
pal.When Due.
Stocks Last
and At.
do
A At
Phila.. 227 South 4th st
N.Y..QreenA Bateman.
N. Y.,Mer. Tr. Co.
1906
1905
1905
1, 1909
Oct 1, 1909
Oct. 1, 1909
Aug. 1, 1907
Jan. 1, 1914
July I, 1918
July 1, 1912
April 1, 1909
Jan. 1, 1910
Jan 1, 192S
March 1, 1926
.lutie 1, 1926
June 1, 1926
Jan. 1, 1937
Mar. 1, 1915
Apr. 1, 1909
Jan. 1. 1910
April 1. 1909
8ept. 1, 1926
Mar. 1, 1927
July 1, 1937
Mar. 6. 1889
April 1, 1397
Jan. 1, 1907
April 1, 1900
July 1, 1927
July, 1891
July 1, 1918
May 1, 1919
Oct 1. 1917
Mar.
July
July
July
1,
1.
1,
nothing of the 8onora, Atlantlo A Pacific, or roads owned Jointly,
although the interest on Sonora bonds is deducted here; in 1888 the
South. Kansas Is trea ed as a leased road and its interest is tnoluded In
rentals, but previously its interest was given as a separate Item
operations and fiscal results.
1988.
1h86.
1887.
S. Kan
At.T.AS.Fe
3,024
3.016
2,526
MUesoper
Earnings$4,335,643
$1,026,004
$5,138,852
Passenger
11.100.967
10,191.043
Freight
12,218.341
Mul, -xpress, Ac
857.33;
1,076,371
1,083,227
:
over $25,000 per mile, deposited in trust as collateral; they are redeemed at 105 by the sinking fund, which is 1 p. e. ($1 i3,0 .0) per an
num till 1891 and 2 p. c. thereafter; reg. bonds for $5,000 issued for
coupon bonds cannot be redeemed till after coupon bonds. V.46, p. 386.
The collateral trust bonds of '87 are direct bonds of the Atchison Co.,
$15,984,307 $18,461,366 $15,612,913
ag'st which are deposited in trust the bonds of branch lines constructed Total gross earnings
8,613.911
11,027.162
10,408,455
in California and Colorado, not exceeding $25,000 per mile. Boat. Safe Operating expenses
Sea
V.
trustee.
V.
326.
TrustO
47.
44, p. 245; V.46, p. 385;
p.
Dep. A
The Wichita A Western, Wichita to Collison, Kan 100 miles. Is own d Net earnings
$1,585,751
$7,370,396
$8,052,911
70-63
Jointly with St. Louis A San Fran., but bonds all guar, by Atchison.
53-89
56-38
P. ot. of op. expenses to earns. .
The Kingman Pratt A West. KK. bonds are guaranteed by Atchison,
INCOME ACCOUNT.
li the road is jointly owned
i lion
1888.
1886.
1887.
Receipts
The Leav. Top. A So. RR. bonds at 4 per oent are guaranteed one-hall Net earnings
$4,585,751
$7,370,306
$3,052,911
by the A. T. A S. Fe. and one- half by the union Pacific.
284,628
Rentals
:*3,785
29,953
Interest on the Sonera KK. in Mex. (262 miles) 1st M. bonds Is guaran
Int. on lionds in 5 p.c. coll. trust.
621,690
teed ; these bonds are at $20,000 per mile, of which $5,000 per mile are Other receipts*
717,129
623,859
751,153
owned by the A. T. A S. F. Co.
Fromland graut trusts
169,487
168,805
170,633
The California Southern 1st mortg. bonds are guarantee 1 (by en iorsoment on the bonds) as per the agreement of reorganiza Ion for that
Total Inoome
$6,378,003
$8,198,673
$9,003,504
company made in 1885. The third coupon on the income bonds was
Disb ursements
paid September, 1888, and the second March, of 1888. Sinking fund Rentals paid
$20,400
$15,303
$25,000 per year retires the first mortgage bonds atll2.
2,411,060
Int. on At. T. A S. Fe bonds
1,664,860
1,746,579
The Chicago Kansas A Western stock ($10,000 per mile) is held by the Inc. on Bo. Kan. bonds
45 ',826
339,820
A. T. A S. Fe, and the first mortgage bonds, at $14,000 per mile, are Interest paid as rental
829,499
859,881
;i.98s*8ti
guaranteed by the latter company, and these, with the inoome bonds at Interest on land bonds
169,487
168,-05
170,633
V. 43, p. 59 V. 44, interest on Sonora bonds
$7,000 per mile, were issued as per the circulars
283.500
283,500
283,500
p. 245. The roads covered by these bonds are about 903 miles of branob
27.600
27.600
Int. on Leav. To A So. W. bonds.
lines in Kansas constructed in '86 and '87. Report of '87, V. 46, p.608. Dividends
4,474,725
2,621.000
3,738478
The Chicago Santa Fe A California RR. forms the connecting line from Rate of dividend
(IHl)
<6Hi)
(6)
Kan. City to Chicago, about 439 m, including Chic. A St. L. (purchased) Sinking funds
3-^9,725
303,955
311,340
90 m. Its lionds, ($35,000 per m.) are guaranteed by the Atchison, and Paid to other roads
73,227
257,377
489,159
are a first lien on all but 89 in., on which the Chic. A St. L. bon s have a
$7,805,890
Total disbursements
prior lieu; bonds are held to retire the Chic. A 8t. L. bonds at maturity
$7,159,356
$3,592,23-1
but these latter cover also 53 m., not included in *he C. S. F. A C. mort. Balance,!. .
sur.$739,317 sur. $11 1,236 d:.$l,517,387
The capital stock is $15,000,000. Trustee of mortgage Is Boston Safe
Southern
Kansas
net
land
Includes
Co.,
Railway
sundry
receipts
Deposit A Trust Co. See V. 44, p. 148.
and balance oi general Interest aooount.
The Atchison Topeka A Santa Fe in Chicago Is the title of the corpo- profits
of
the
land
Atoh.
department,
t This does not inolude the njt
profits
ration owning the terminal property there, and Its stock is $5,000,000.
were in 1884 $329,101; In 1835, $1,303,847: in 1836, $1 ,126,The ti ustee of the rrort. Is the Boston Trust A Safe Dep. Co. The prin- which
752; In 1837, $310,886; in 1838, $212,585.
but
not
the
bomls
be
of
the
registered,
may
ooupons.
cipal
a "leased
ii'heSo. Kan. road, being treatelin the report for 13 33
The Boi.theru Kansas Oulf Division and the Southern Kansas in
bond Interest ($719,330) is Include! In the Item "latere it
Texas first mortgage bonds were Issued as per circulars in V. 42, riad,"lts
as
rental."
pa'd
The
are
and
bonds
gun'anteed, principal
462, V. 43, p. 431.
( V. 46, p. 102. 133, 319, 353, 381, 385, 386, 413, 573, 505, 607, 608,
terest, by the Atchison Topeka A Santa Fe. The Gulf Division bonds
J
771; V. 47, p. 326, 27. 3V2, 410. 172, 499. 50t, 621.663, 708;
cover the road from Arkansas City south through Indian Territory 610,
V.
48, p. 66, 127, 158.236,250, i.Vl, 462,603, 615, 631,032.)
towards Deuison, and also the branob from Kiowa on the Kansas
Atlanta St Charlotte Air Line. Owns from Charlotte, N. C, to
border southerly to Wolf Creek and the Texas border (in the Panhandle).
The Southei n Kansas Railroad in Texas was organized to build that part Atlanta, Ga., 269 miles. The Richmond A Atlanta Air-Line was sold
of the line in Texas, and on both lines the bonds are at $16,000 per mile, under foreclosure Dec. 5, 1876, and the existing corporation was formed
to the Rich. A
guaranteed by Atchison. The Income bonds are a charge against the Feb. 27, 1877. On March 26, 1881, tne road was leased to the interest
Dauv. for 99 years at a rental of $466,500 per year, equal
entire mileage (842 miles) of the So. Kansas.
In November, '88, the quarterly di vldend on Atohis'n stock was reduced on debt and 5 per cent on stock; if gross earnings of A. A C. A. L.
to Hi of 1 p. c, and the $10,000,000 notes were authorized, secured by exceed $1,500,000, dividends to be 6 per oent; and if they exceed
2d M. on the main lino In Kansas and by deposit of the stock of the $2,500,000, 7 pes cent. In yearendiug June 3 1, 88, gross earnings wore
.Chic. Santa Fe A Cal. and terminal companies. The mort. can be dis- $1,348,523. Due R. A D. for betterments Sept. 30, 1888, $1,046,309.
charged whenever the notes are paid off at any time. (V. 47, p. 472,
Atlanta A Florida. Owns from Atlanta, southerly to Fort Valley
501.)
Cent. Ga. R.K., 101 mllos; extension io tidewater projected.
Ga., o
Operations, Ftnancbs, Ac From Jan. 1 to May 31 in 1889 (5 This is tho Atlanta A ilawkinsville incorporated in 1836, name having
Co., which
mo .), gross earnings of entire system, 7.114 miles, including Atohi- been changed In '87. "onstructed by Georgia Improvement
son'sshareof eaiuiugs from 583 miles owned jointly, were $10,334, >f0~; received $ i5,000 bouds and $10,000 stoo* per mile. Trustee or mort.
Is
Trust
Co.
Central
Stock
outstanding,
$1,260,000,
not
io
for
18*8.
$1,588,343
$2,880.01)0
net, $2,168,873, against
The Atchison annual report lu the Chronicle (V. 43, p. 603, 620-25
tireat Watern. -iSee Jfap). Projected
Atlantic Atlauta
and 631 ) gave very complete exhibits of the earnings, financial condi- from Atlanta to Savauuah. Ga . 250 m. Located 30 in., aud final surTh^ mortgage is for $1,000,000. trustee,
tion, Ac. The nei result of the year 1888 was as follow-: On the entire veys of balance being Laade.
system of 7,000 u.ilss of r> ad the figures show a detlcier.oy of $5,569,- Meroautile Trust Co. Stock is $1,500,000; p.r $100. President, George
529: this, however, was after the pa. me t of $.',625,000 for dividends, T. Fry. Atlanta. (*a. (V. 47, p. 226, 237, 381.)
leaving the deficiency lu meet ng charges $2,944,529, a considerable
Atlantic City Camden to Atlantic City. 54 m.; with branch es, Ac,
part of which was met by the auxili ry toads out of their construe. Ion of 49 in. Consolidation in 1889 of the Phil. A Atlanr. City RR. ami its
resource*. For 1889 the total charges or every de-criptkon arc estimate!
branches. Stock authorized and issue 1, $1 ,200,000 common and
leased
at $10,918,558. Tot: 1 net earnings In 1888 on an average of 7,009 miles
mefd. The new bonds will reiiro the old ones. Operated
of road were $f',370,8 19, but in 1x87, on an average of only 5,342 $1,000,000
P.
A
K. RR. Ti ustee of mor gage, Phlladelph'a Guarantee Trust A
by
mile-", they were $10,954,586, or a trifle more than present charges. Sate
Deposit Co.
NET EARNINGS OK WlloI.E - VSTlfM
.Vet Earnings.
Atlantic A Banvllle. In progress from N.v folk to Danville, Va.,
Average Mileage.
there to conneot with the Danville A East Teunessee.projo led, in same
1888.
1887.
1888.
1887.
Miles. interest, from Danv lie to a point on liast Tenn.Virguiia k Georgia RB.
$
M1H>.
..
5.225,098
3,020
Atchison proper
8,604,075
2,622 In operation Claremom to Hilti. 11, Va., 55 miles, aud Norfolk to Law3.402
3,145,809
2,144 renocivllle In Brunswick count.-. 103 m., aud branches, Sin. The towns
1,20
Auxiliary loads
..def.
591
576 subscribed to capital sto.k. Trustee of mo.tgage, Mercantile Trust
201,710
Roails owned jointly
127,408
Co.
Stock authorized is $.1,000,000; outstanding, $3,2 90.000; pat
!
Presi(-.307.115
Whole system
5,342 $100. Gross earii'gd '88, $204,084- net, $9.' ,S 17. l'ii
10,1)54,587
7,013
For 1888 earnings and operations were as follows, these statistics dent: A. E. Bateman, Tr.iHiuer, N.Y. (V. 17. p. 32->, 711; V. 43,
V.
i'c
21.)
l'on.
Kan.
!!',
a S.
and Bon h.
p.
systems combined, but 827;
embracing the u.
-
.
,
if
m
,
n
:
.
A
,
July, lt9.J
KAILitOAD STOCKS
AND BONDS.
I
*
INVESTORS'
SUPPLEMENT.
LVol.
XL1X.
JULV,
RAILKOAD STOCKS AND BONDS.
INVESTORS' SUPPLEMENT.
90
great favor by giving Immediate notice ot
Subscribers will
DESCRIPTION.
.
Miles
for explanation of column headings. Ac, see notes
on first page of tables.
AUantic A Pac. -Guar, trust M. bds. 2. ml. at 105)0*
2d M., guar., g.. (s. f. dr'naft.Vch.l.'90atl0S).o
-
Ino. bds., non-cuni'tiTe, W. D. ($18,750 p.m.)o*Ar
c*
1st KK. a- land gr. bonds on Cent. A Mo. Div
o*
1st land grant bonds on Central Dlv. cum
non-oum.
Income bds., Cent. Dlv.,
($1 8,750 p. m.)o"
Atlantic <f SI. Lawrence. Stock, 6% rental O'd Tr"k
AuQiuia
<r
BaM Aiafc
Savannah Stock,
Valley
7% rental
Oen'lmort-.(s.
f.
dm.
Cent. Qa.
at 100). ..i
Baltimore A Ohio Stock
1st atidZdnref. stock, cum, $3,000.000 1 1st pref.
Loan due In 1880, extended, payable at will
Loan, 1853, extended In 1885, gold
do 1870 sink, fund 416,000 yearly, not dr'n
City loan. 1855-'90, sink, fund, not di awn
Mort. 1872, sink, fund, 12.000 semi-annually. ..
Mort. 1874, sink, fund, 49,000 semi-annually
Consolidated mortgage (for $29,600,001)), gold.c*
Bond to C'l'y Baltimore (payable$4O,0O0y'l.v>
Loan. 1877, (8. f. 47,500) (B.AO. ACh.bdscollat'l)
N. W.Vlmlula RE. 1st M. (ext. In 18881, assum'd .c
Loan 1879 (Parkersburg Branch bonds collateral)
Mort. on Phlla. Br.,wlth Bait.. A Phlla. bds. as coL
Loun, 1885, g. (Plttsb. & Connellsvllleb'dscollat.)
Car trust loan g.($25O,0O0 paid yearly Jan. 1) ..o
Equipment, um-t (ilOo.OOO paid yearly April 1)
1st M. Schuylkill R. East Side RK., gold (guar.).
Bull. ffotoiaot-IstM (tun.)g.,s. f. 1% not dr'n o*
1st in road, guar., gold.s.f 1 per cent not dr'n.o*
2d M, Income, (cum. with int.) road and tunnel.. r
Beech Creek-Btock ($1,300,000 is pref.)
1st mortgage, gold
,
.
Sell'i
.
Cap-Stock
.
,
[Vol.
auy error discovered
XL1X
In these Table*.
JVLY,
1889.]
KAILKOAD STOCKS AND BONDS.
91
INVESTORS' bUPPLEMENT.
,.,.
OL XLIX.
[Vr-
Subscriber, will confer a creat favor by giving; Immediate notice of any error discovered la these Tables.
DESCRIPTION.
Miles
For explanation of column headings, Ac,
on first page of tables.
see noted
c*
( Continued. -1st mortgage
o*
Extension 1st mortgage
Consol. M. (for 9550,000) s. f.,not drawn
oC1rarfl~l<t A- Ji-n*TKin-l.tt m., guaranteed
o*
Belrutere Del. let M., ext'd In '77. cony., guar .c
Belli Gap.
I
Cone. mort. of 1876, Milking fund, not
drawn, c
Conn. M.of '76. guar, by Un. Co's A Pa. RR., s.f.r
Flemington KR.M. bds., s. f.. 1 pot. not drawn.. o
Benninj/ton <* Rutland 1st mortgage
Berkshire Stock (7 p. cperpet. rectal Housatoulc)
G'l 1st M.s.f .red.at 1 lO.g.o*
Billing* C. T.4t Cooke
Jtirtningham Sheffield rf Tenn River. lat mort
BoMion <t Albany fltook
Plain bonds, not mortgage
cAr
Bonds of 1875 not mortgage
oAr
C
Bonds
(not mort.) Issued to State for Its stock
ek Montreal
Old pref. stook, guar..
Boston Concord
Com. and new pf stock (new pf stook
.
.
Is
$540,400)
Consol. mort. (for $2,000,000) $582,400 are 6s. c
...0
Iniprovement mortgage bonds
Boston <t Lowell Stock .
Bonds not mort
Bonds
do
Bonds
do
Boston A. Maine gives
do
Bonds
a rental guarantee'
4.
.
1
Bonds
L.
A
L.
do
*
8.
for
*
I-
99 years.
bonds
Nash. A Low., pl'n tula.
Boston it Maine Stock..
Bonds
cAr
Imp*nt bonds ($1/'00,000 due Feb., 19051, s. f
BotionctN T. Atr-LineSfk, pref.(gu.N.Y.N.H.AH.)
. .
1st
mortgage
..
-^ ........ .o"
July,
RAILROAD STOCKS AND BONDS.
1869.]
2
Milton
Wellington
TBUNKft _J
THarrisburg
terllng
rt QV*
""*'o a Lin
&>'
e
K
CH't'lfl'tiliini'^
Lake
take A
fWatkins
Sornells
Vs
\C.
CaulfTteb^-^*
'^eo
Belvidere
AL A M A N iujf^l' T^ioy L^^i
I
Pafnted I'osb
*7
Friendship
June.
orni^l
AddisonTf
Elmira
Bolivar
Limeybim
(
Sayer
JEldred
dlBradTorcj
GarlandV^-^J^
<* //
A
v* /I
/\Xineville
VMeadville.
TitusviHe
Bouse T.
o/T
.'
Clermo,lt
J
5
E&*.
M
Cranberry
k
^ Keating Summit
ortl'
Driftwood
^J>^
'X
Parlced
"'lJe
y^^^0j 4
'-'-S
ll
Jtta uning
Won N
"
'%
^&.
S
TMilesbuag
k Belle fontaine
f
i
Spring
Milroy
yrone
Bell
I
Xewist
Xbensburg
Altoona/
Sunbu/
31s. c
A
V.
\V.-t
Montour ju J
Jersey Shore
Lewisburgv
x-,
LV
,
^
^Xelley's
^*'
^itliamsporf
ock Haven
rhiilipsburgy
c
N
c
*nV
'eters'burg'
<
Huntingdon
^ HT^iniersburg
CreHson*
Imperial^
rTSBURG
JTuiil
Ulnea/
BUirpviri^^BlairBvlUeBr.
Blucimfieia
Ifolfid^ysiburgli
~|rintotWs
<
Duucannon
5^ 5
in
^0$m
/Ureens"bu.
jfWestljfcwton
''
anhington
\)Ligonler
aupliiu
HARRlSe
7Johmtown
r i22>3jatrfoe
!
Trout Bun.
Danville
irweji8<Ule
E'
c
"K
CBEEK
5
*
Walston^
Butler
V
r
,
Eagleton
[/Balaton
Po
^eJgB< echTD*Jc.
Toxboro
iTttrtinsburg"*/
*J
W'
Bai t;
*/
HoytviUe
.
^
COAL G L
Troy
'
rf^^^
Xloyd j
S Emporium
Blue R'kFf*.
Torrest vjlle
jr^
?
j^ShiDpen
"Whistle town/
RidgewayJ
Cannon
?\
Allegheny
3 Coudersport
ntrim^
iWeWf*
City^
"?
(Tioga
Jc.
"BftB nrt
Johnsouburg Jc.U
Honesta
3Iarien
>il
AP
V
KldervilleLw-
O-'mY.JEWETtM
Xan\r ^HL
*i
.IA***
hLarabee
CraTrtoVa Jc.Jj ajV
^("yetteo^M,,,
1
e
5
Bridgeport'
Sart^^Brcgaiop
/
P3K. Pleasant
*Robertdale
Hopewellc
Shippensburg
|g int
iConnellsvtlle
! c
Cowans Gap
3>)
Ptue GroYe
of
I s
^
3totl(*'ooa(/*
^pBerliJ
Oxford^
Waynwburgh
llyeredale)^^
'<
E. Berlin
Chaiiibe nburgA
M
~><Bridger>ort
['
-i^'l i'i
|
l;
Gettysburg
*>^Han\)ver
OSrnithneld
W*.
Sahsbury
\
, t \>
c
Blaekstone
MVl' 4 in muter!
I
[Hagertowr1
tA
i
Grafton
i
V
""
v
v
I
e ^.
ilartinslturgi;
\Frederick
s.
R
G
\y
>
MAP OF TDB
/
BUFFALO, ROCHESTER
PITTSBURG R. R.
btlTuiburg
/
Jfonocacy
Harperi
^iuLffft-ston
Leettburg
^Vincnester*;
\
j
Annapolis
Jc.
Oauntoi?J
'Round
Hill
Jhinc.ton
V,
<i
X,
Alexandria
!
INVESTORS'
94
SUPPLEMENT.
[Vol.
XL1X.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
of
For explanation of column headings, Ac, see note8
Road.
on first page of tables.
Bono* *
Stock. 10 p. c. guar. 90 yrs.. Old Col.
C
sink. fd. '90
Bonds to purchase branches, coupon or registered
o
1st
<t Kinxua
Bordell
mortgage
Brad/ora
4-6
1st gen.M.,g.($10,000,000).o*
All
P. Consol. mortgage, $20,000 per mile...
P. Equipment bonds (car trust) In 4 series
Lincoln ParkACIiarl.lstm. for 83")0,OOO.gu.,e.o*
Buffalo dSouthw. lstM.g.int.gr.by N.Y.LE. A. W.o'
A
Burhngton C. Rapid* <t Northern Stock
1st mortgage
Ced. Bap.
do
Consol. 1st
Mlnneapoli A
Cairo Vincennes
collat. trust, g., $15,000 p.m.c*& r
8t. Louis, 1st mort., (assumed)
<t Chic. -1st M. bds., gold (Wabash)
California Pacific 1st mort., gold (ext'd'd at 1H)
2d mort., gold. end. by Cent. Pao
Sd, mort.g.guar.by Cent. Pac. ($1,000,000 are 3s)
Camden < Atlantic BXaote. ($880,100 of it pre!.)...
1st mortgage (extended 20 years In 1873)
o*
2d mortgage, extended In 1879
Consol. mort., ($'.50.000 are 5s reg.lnt. at otneal.c'
Nil
580.000
950,000
2,380.000
2.041,000
1876
1379
369
73
390
1,300,000
3,9 :0,000
50 Ac.
100
100 Ac
1.046
West., 1st M., red after '89. guar. . c
F.AN.W., 1st M.,g.,guar.,red.aft.'90 I
o i
1st M.,gold, guar
M.A
1889
1877
67
o*
1,25 1,000
2,305,000
1,000
1,000
1,000
1,000
1,000
1.000
Var's
Iowa City A
I
$4,000,000
1,400,000
BOO.OO0
498.000
600,000
3,500,000
10U
1876
1887
1881
1 889
108
268
mongage
P. 1st
$100
1.000
1.000
1.000
1.000
1,000
1,000
1885
1887
1887
1S65
46
26
142
142
A
A
Outstanding
500
1883
1HS1
1**1
6-9
6-9
Oen. M., (lncl. 10,000 ao. 1'dT. ,c
Buffalo X.Y.d Erie Stock<7 p.c.rent N.Y.L.E.AW.)
c
1st mortgage
K.
Value.
1873
41
24
Buff. Kratl.it Pitts
if
B.
1-
Amount
1SK*
Bradford Etdred <t Cuba 1st mort
c
Brookimt Eleratedltt m., >., 8. f. not drawn
o*
2d mort.. gold, sinking fuud not drawn
Union Elev.. 1st M., guar., $550,000 p. m., g...c*
2d M., inc. non cum., guar., $185,001 p.m., g.c'
Pittsb.
Par
Gs
trot.
d-
Size, or
of
It
Fgbd's.uotM.,
Buff. Koch.
Date
1,000
1380 1,000
1,000
\ 1881
1884 l.OOOAc
1877 500 Ao.
1881
1.000
1867
1.000
1871
1,000
|
All
12
266
114
114
114
79
79
79
79
1875
500
50
1853
1854
1881
1,000
1,000
1.000
borough. 4 miles; total operated, 68 miles. In November, 1887. the
directors authorized $2,000,000 bonds to pay floating debt. Leased for
99 years from April 1, 1883, to Old Colony BR. at 10 per oent yearly on
stock and a bonus of $1,300,000 oash. out Of which au extra dividend
of $32 50 was paid on stock May 2, 1888. P'vidends since 1879 hive
been: 1880 to 188 > lncl. 8 per cent; in 1886, 8*9; in 1387. 10; in 1888,
10 and 32^ ex.; in 1889 to date. 7 1*. In year ending 8ept.8\ 1887, gross
Income was $1,905,495; net, $170,863. In 18*7-88 gross $1,191,307.
(V. 46, p. 430.)
Brooklyn Elevated. Owns
from Fulton Ferry and Brooklyn
Bridge via Broadway, Ao., to East New York, 6% miles, and leases
Union Elevated, in operation from Broadway and Lexington Avenue
to Broadway Ferry, 2\ miles, and Myrtle Avenue to Adams St. and
Brooklyn Bridge, 1-6 miles. The capital stock is $5,000,000 (par
$100). If net earnings suffice, a sinking fund of one per cent will purchase 2d mort. bonds If obtainable at 90, and after '89 a like s. fd. will
purchase 1st mort bonds at 105 no bonds drawn.
The Union Elevated bonds, incomes as well as 1st mort., are guaranteed, principal and interest. The Ut mort. is for $7,000,000. the 2d
tor $2,500,000; Trustee of both, Central Trust Co. Union Elevated
stock is $1,000,0 '0, par $100 Application in full to N. Y. Stock Exchange was in Chronicle, V. 48, p. 129. It Is expected that a con
solidation with the Union Elevated will eventually tak place.
From Oct. 1, 1388, to Mch. 31, 1889 (6 mis.), gross earns were $489,
991, against $351,072; net, $183,193, against $129,893 deficit under
466,000
180.000
1,500.000
5.500,000
6,500,000
584,000
825,000
1,905,000
5,000,100
150,000
3,857,000
2,250,000
1,600,000
2.S98.OO0
1,257,500
490,000
497,000
500.000
INTKRE8T OR DIVIDENDS.
When Where Payable, and
Cent.
Whom.
Payable
Rate per
2>
A D.
A J.
A O.
J. A J.
5 * Man.
s
I
J. A J.
7
J. A J.
3H J. A D.
J. A D.
7
5g. M. A 8.
F. A A.
6
6
J. AD.
6 A7 Various
J. A J.
2 g J. A J.
6g.
"s"
J. AD.
A S.
!*g M.
A. A O.
t
A. A O.
K
l
A. A O.
7* J. A D.
A J.
J.
g4>a g. J. A J.
A J.
J.
6g.
3g.A6g. J. A J.
A.
A O.
2>2on pf
J. A J.
I* A. A O.
5 A 6 J. A J.
J.
J.
A.
-
A
.
;
New
A
Buffalo Bocbester
A
Pittsburg Bailway.
Owns
(See Map.)
from Rochester, N. Y.,to Arab- ton, Pa., 232 miles; Buffalo Branch from
Ashford to Buffalo, 48 miles; Lincoln Park to Charlotte, N. Y., 10
miles other branches, 8 miles; total, 298 miles.
This company was formed In March., 1887. as successor of the Roch
ester .t Pittsburg and the Pittsburg & State Line RR., which were foreclosed in Oct. 1835 and purchased by Mr. A. Iselin.
The preferred stock of the consolidated company is $6,000,000 (entitled to 6 per cent dividends, non-cumulative), and common stock,
$6,000,000. In year 1886-87 2 per cent was paid on preferred stock.
InN.ivember, 1887, anew mortgage (Trustee Union Tr. Co. of N.Y.)for
$10,000,000 5 per oent fifty year bonds was issued, $6,oOJ,000 being
;
reserved for prior bonds.
From Jan. 1 to May 31, 1889 (5 mos.). gross earnings were $797,308,
against $790,384 in 1887-88; net, $207,3-9, against $133,811.
Fiscal year ends Sept. 30. Beport for 1887-88 was in V. 48, p. 220.
1885-6
1886-7
1887-3
Receipt*
$1,299,362
$1,916,361
Grossearnings
$2,001,156
Net earnings
$296,706
$516,975
$447,671
Other income
93,650
30,934
77,759
Total receipts
$390,356
$594,734
$478,605
$352,106
928
55,200
$353,910
5,910
62,595
$400,350
14,818
74,43 1
$408,234
$422,415
$1.39,59'.)
Deduct
Interest on bonds
Interest on floating debt...
Rentals
Total disbursements
Balance
sur.$l72,319 dof.$l0,994
220, 222, ',855 ; V. 49, p. 21.)
def.$17,878
(V. 47, p. 161, 594, 624; V. 48, p. 190,
A
Buffalo
Southwestern. Owns from Buffalo to Jamestown,
N. Y., 67 miles.
Formerly the Buffalo A Jamestown; reorganized
In 1877, after foreclosure. In July, 1880, leased to N. Y. L. E. A West.
tor 99 vears at 35 per cent of gross earnings, but Interest on bonds
Bental in year ending Sept. 30, 1887, $115,3 12: In 1887-88,
134, ")18; surplus over fixed charges, $37,663. out of which paid 7 per
fuaranteed.
oent dividend oh preferred sto k.
Stock common, $471,833, and
9171,333 preferred; par $100. D:videnl on praf. March 7, '89 5 p. c.
Burlington Cedar Baplds Northern. On Jan. 1 '89, operated from Burlington, Iowa to Albert Lea, Minn. (Including 11 miles
leased), 253 miles; branches Linn, la., to Postvllle, la., 94 miles; Museatine, la to Riverside, la., 31 miles; Vinton, la., to Holland, la., 48
allies: Iowa City to What Ceer and to Montezuma, 73 miles; Clinton
Division, 81 miles; Decorh Division, 23 miles; Iowa Falls Division,
430 miles; Waverly Division, 6 miles; Forest Division, 7 milles total
owned, 402 miles total operated, 1,046 mile. This company has a perpetual lease of those lines (Included above) built by the Iowa City A
Western, the Cedar Bap. Iowa Falls A N. W., the Cedar Rap. A Clinton,
and the Chic. Dec. A Minn. BRs. The Waverly Short Lino Is operated
A
,
;
;
Office.
July
July
July
A
A
Do.
N. Y., Gallatin Bank.
N. Y. Union Tr. Co.
N. Y., 1st Nat. Bank.
N. Y., Central Trust
do
do
do
do
da
-
-
Various.
Jan. 1939
July
Co
June
1,
1.
1908
1906
Sept. 1, 1900
Oot. 1, 1920
Oot. 1. 1921
April I, 1934
do
do
do
do
June 1,1927
do
1931
1912
1891
July, 1905
8,>.4th9t
April 16, 1889
Phlla.,Of.,233
March, 1893
Phila., Farm. A M. B'k.
do
do
Oot. 1, 1904
do
do
July 1, 1911
Last paid July, '84
Oct.
N.Y..8.Pac.RR.,'23 Br'd. Jan.
do
do
do
do
Jan.
1,
1,
1,
temporarily, and the Forest Division for five years ending June 22,
1892. This company was formed as successor to the B. C. R. A Minn. ,
foreclosed June 22, 1876. In May, 1389, a decision was obtained by
the holders of old equipment mortgage bonds of 1874 holding 59 bonds
to be good, but in order to redeem $L1,OJO,000 was adjudge! the sum
to be paid.
Iowa City A Western bonds are guaranteed as to interest and are
redeemable after August 81, 1889, at 105 Bonds of the Cedar Rapids
Iowa Falls
Northwestern road are endorsed (endorsement Is on the
bonds) the 6 per cent bonds are redeemable at 105 after Oct. 1, 1890
of the 5 per cents $325,000 are reserved to retire the 6 per cents. The
company guarantees the above bonds. It has also assumed $150,000 of
Mlnneap. A St. Louis 7 per cent bonds due June 1, 1927, as commuted
rental for 12 miles of road leased for 999 years from Minneap. A St L.
In April, 1884, for the purpose of issuing additional bonds for extensions, the limit of authorized capital stock was raised to $30,000,000.
The consolidated bonds are dated April 1, 1884, are issued at $15,000 per
mile to build new road, being secured by first mortgage bonds on the
roads built, deposited with the Central Trust Co., trustee of this mortgage. They will also retire all prior an 1 divisional bonds.
From Jan. 1 to Apl. 30 in '89 (4 mos.), gross earnings were $849,618,
against $832.0 i I in 1888; net, $231,92 1, against $16 1.992 in 1888.
Annual report in V. 43, p. 66 1 , gave net Income, Ao as follows:
A
;
,
INCOME ACCOUNT.
1385.
;
Buffalo Bradford
Pittsburg, Owns from Carrollton, N. Y
to Gilesville, Pa., 26 miles. Completed in 1866, and leased to Nen
York Lake Erie & Western for 499 years. Bental. 7 per cent on oul standing bonds, $40,600 a year. Capital stock, $2,286,400 par $100.
York
Buffalo
Brie. Owns from Buffalo, N. Y., to Corning, N. Y 142 miles. Leased in 1863 to the New York A Erie for
490 years, and now operated by the N. Y. Lake Erie & West. Co. Bental,
$238,100 viz., 7 per cent on stock and bonds and $5,000 for organization expenses. Dividends and interest paid directly by the lessees.
Due
Last
Dividend.
May
L
-
-
obarges, $.'0,681, against surplus, $1,311.
For year ending Sept. 30. 1887. gross earnings, $620,284 ; net, $229,200; net def. undei charges, $22,491. In 1837-88, gross earnings,
$763,361; net, $271,981; surplus over fixed charges, $1,703. Hy. W.
Putnam, Pres't. (V. 47, p. 188, 594, 803; V. 48, p. 100, 129, 22 J.)
Prlnol
Stocks
1, 1880
1. 1918
1, 1893
Bo<ton, Office.
Bradf'd.Pa., Co. 's Office June 1, 1933
Last paid July, IS x4.
Jan. 1, 1932
N. Y..Cent. Trust Co.
Oot. 1, 1924
do
do
July 1, 1915
do
do
1, 1937
do
do
Jan. 1, 1927
N. Y.
Erie
W. BR. Jan. 1. 1896
N. Y. L. Erie
W. BB. June 1, 1880
do
do
Deo. 1, 1016
N. Y.. Union Trust Co. Sent. 1. 1937
do
do
Feb. 1. 1921
do
do
1. 1933
Boston, at
4
7
6
6
Bonds
pal, When
by
$
Receipts
Gross earnings
Netearnings
Other receipts
Total Income
Disbursement*
Interest on debt
Const'n equip., Ac.
3,093,513
903,970
33.79
987,7o
188!
$
2,933,309
800,905
63.252
864,157
1887.
$
3,005.982
780.057
95.7X9
875,846
1868.
*
2,8 48,076
771,447
61.282
1-32.729
767.127
140,067
5i!,925
Tot. disbursein'ts
907,194 $1,013,799
806,023
Balance..
.. sur. 107.7 18
sur.57,334 def.31,3 48 def. 186,070
(V. 46, p. 610, 640; V. 47, p. 472; V. 48. p. 661,687.)
,
742,275
137.775
880,050
749,898
A
Cairo Vincennes
Chicago. Owns Cairo to Tilton, 111., 258
miles; branch, St. Franoisville, 111., to Vincennes, Iud., 8.; trackage, 12
m.; total. 278 miles. This was formerly the Cairo Div. of the Wabash St.
Louis A Pacific. In July, 1887. a decree was entered by consent releasing this road from liability on all Wa'iash claims. Receiver's certificates
for $720,161 have been issued. All the above bonds were deposited with
Anthony J. Thomas and Cbarle- E. Tracy, bondholders' committee, preparatory to reorganization. In 1839 the property was delivered to its
owners and was "taken over" by the codsoI. Ulev. Cin. Chic. & St.
From Jan. 1 to May 31. 188* (i mos.). gross earnings were $273,462,
against $271,644 in 1887-8; net, $76,791. against $67,8 13. (V. 45, p.
214, 614, 819, 855: V. 43, p. 250,462; V. 49, p. 21.)
California Pacific. Owns from Vallejo, Cal., to Sacramento, Pal.,
60 miles; Adelante to Calistoga, 35 miles; Davis to Knight's Lauding,
19 miles; total operated, 114 miles. Leased for 29 years, from July 1,
1876, to Central Pao , but In Nov., 18 *6, new lease was made to Southern Pacific Co. Rental, $600,000 per annum, and three fourths of net
earnings when in excess of that amount. Capital stock, $12,000,000;
par. $100. In 1886, gross earnings were $1,233,641; net, $674,082.
In 1887, gross, $1,207,372 net, $631,087.
Atlantic. Owns from Camden, N. J to Atlantic
City, 60 miles; Atlantio City to Lougport, 7 miles; Phil. Marl. A
Med. BR. Haddoufleld to Medford, 12 miles; total operated. 79 miles.
Pref. stock, entitled to 7 per cent if earned, and to as high as paid to com.
lfmorethan7. Penn RR. owns $234,100 com. and $451,950 pref. stock.
From Jan. 1 to ty 31, 1889 (5 mos.). gross earnings on main line and
branches were $205,527. against $184,')8i in 1883; net $1,675, against
defl it of $20,201. Dividends since 1830 have been: On common, in
1882, .i per Oenr, and none since; on preferred, in 1831, 31 in scrip;
In 1 -82, 4; in 1834. 7; in 1887. 5; iu 1888, 2^.
On main line and brandies in 1887 gross earnings were $678,644; net,
$13^,561; sw plus over iixed charges, $56,539; dividends (5 per oent),
$13,938. In 1388, gross, $696,128; net, $131,193; surplus over fixed
ohrges, $34,313; dividends (2>a per cent), $22,001. (V. 48, p. 36T.)
Atlantic Owns Ottawa, Canada, to Rouse's Point, Vt.,
142 miles, there connecting with the Central Vermont, over which it
has trackage to St. Albans, 24 miles; crosses the St. Lawrence at Coteau
Landing by ferry, but bridge, towards which the Dominlun Government has granted a subsidy of $180,000, is under construction. Has
traffic contract with the Canadian Pacltio and new "Soo" route. Trustee
of mortgage Is Farmers' L. A T. Co. $1,000,000 bonds are reserved for
the bridge. Stock, $2,000,000 common and $1,000,01)0 pref. In year
ending Juno 30, 1888, gross earnings were $183,244: n. t, $206,751.
July 1, 1888, to Dec. 31, 1888, gross, $262,854; net, $110,272.
L
;
Camden A
,
M
Canada
Canada Southern. Line op Road Main line from Cantilever
Bridge to Windsor, Out., 226 in.; branch, Amherstburg to Essex Centre,
16 miles Fort Erie Br., 17 miles; Oil Springs Br., 3 miles; St. Thoma s,
Ont.,toCourtrlght,Out.,63miles; Erie A Niagara, 31; Sarnia Chatham A
Erie, 7; Canada Southern Bridge A Ferry, 4 Toledo Canada Southern A
Detroit, 56, and Michigan Midland A Canada, 15; total of all lines
oporated, 436 miles, of whloh 105 miles are nominally owned by proprietary companies under separate organizations. Holds practically all the
;
;
July,
1889. J
RAILEOAD STOCKS AND BONDS.
%o Ch irttf/o
3
96
INVESTORS'
SUPPLEHKJNT.
[Vol.
XLIX.
Subscribers will confer a crest favor by giving Immediate notice of any error discovered In these Tables.
UoiutH PrinciDESCRIPTION.
IVl'KKBBT OR DIVIDENDS.
Miles Date Size, or
pal. When Due.
Amount Rate
of
Par
For explanation of column headings, Ac, see notes' of
per When Where Payable, and by stocks Last
Road. Bonds Value. Outstanding Cent. Payable'
on first page of tables.
Whom.
Dividend.
Camden <t Kurlington Co. 1st mortgage
Canada Ailuntic-Ut mort. for $?, 150,000
Canada Southern 8took
1st mort., Interest guar,
by N. Y.
C.
A Hud.
31
142
e*
|
|
Riv.o
436
404
404
cAr
2d mortgage
Canadian Pacific Stock (guar. 3 p. 0. dlv. till '93).4,960
Canada Central RK. 1st A 2d mortgages
....
Quebec Prov. due on Q. M. O. & O. and N. 8. RR.
Land mortgage bonds, gold (redeemable at 1 10)
.
. .
|
2. 866
1st mort. deWnt. Rterllng
o*Ar
183
1st mort on Algoma Brancl), 750,00
Land gr. bds. not d'rn.lnt. gu.by Can. Gov't .o'Ar'
Manitoba 8. W.Col.Ry, $12,000 p. in.. Int. guar.,g.
1st M., g., guar
Atlantic * Northwest
o**r
No. Shore R'y.Ut mortg
Bt. Lawrence A Ott
1st mort
Op. Fear <t Tad. Vol. 1st M..ser. A $10,000 p.m. c*4r.
1st M.,8er. "B." $10,000 p.ro.(?d on 150m.lc-.tr'
Consul, moit. (15,ooo p. m.)
If.
Con. M. for$! ,()00,<>00, gold
Cape Girardeau
Carolina On*. 1st M. Vllm. to Shelby, 24X1 in )c*.
I
'.
(
M. (for $1,50 ',000), gold, income, non-cuui..r
3d mort.. gold, Income, non-cumulat|ve
r
Carton* Colorado 1st mortgage.
Scries "A "
sci ond Dlv. M., Ser. -B.,' June, to Cal. State line.
Oatairissa Common stock
Pref. stk. ($2,200,000 is old pref.), 7
gu. P. A
1st mortgage, assumed by Pmla. & Heading
2.1
R
%
Mortgage bonds
Cayuga Susq.- StocK. 9 p. c. rental D. L. &
Cedar Falls <t Minn. Bonds on 2d dlv.. sink,
f'd.o*
1st M. atch. A P P.
,g .gold, c
int. (mort Ihdp.'coup. held In trust) gold, cl
Cent. Br. V. P.
Funded
W
RR
213
325
15m
75
1867
$350,000
IMS!)
1878
1883
"ibb
1,000
l.OOOAo
100
82-'83
500
1H81
Ac
1885 slOOAc
138 iiOOAc
1
100 Ac
1.000
188 7
eioo&c
1886
1886
*i,ooo
1SS8
1.88
1,000
...
100
240
240
240
158
34
98
98
93
61
>
A A.
A J.
A
5
A
M. A
5
F. A A.
l>a
5 A 6 Various
5
A. A O.
5g. A. A O.
5g. J. A J.
6 g J. A J.
3>4g. J. A J.
J. A D
5 g. J. A J.
6
5 g
1'4
1888
18,31
1881
1881
1881
1883
1,600
1,000
1,000
1.000
1,000
1,000
50
50
1882
18T0
1866
1865
1879
500 Ac.
30
500Ac
1,000
1,000
400.000
2,000,000
1,200.000
1,500,000
2,250.000
510,000
1,159,500
3,200,000
230,500
1,300,000
.539,110
1,377,000
1,600,000
630,000
F.
J.
F.
J.
Phlla..Pcnn. RR. Co.
New York
City.
N. Y., Grand Cen. Dep.
N. Y.. Union Trust Co.
do
do
N.Y.,5DWall8t ,ALon.
Montreal.
do
Montreal.N.Y.orLondon
London, Baring B. A Co.
do
do
do
do
N.Y.,">9Wall A London.
London, Batinc l)r.Mn
5
4
2*
6 g.
111
34
100
2.450,000
15,000,000
14.000,000
6,000,000
65.000,000
1,823.333
7,000,000
3.442.000
34.998.633
3,050.00
15.000,000
2.544,000
6,472,667
436,053
973,333
1,500,000
734.00J
6
g.
.1.
J.
A
A
D. N.Y.,Farm. LV.Tr. Co.
D.
do
d>i
July,
1889.]
RAILROAD STOCKS AND BONDS.
97
INVESTOKS'
28
sui.., rii,.-r. nill
confer a great faror
DESCRIPTION.
For explanation of column heading*,
on first page of table*.
(Con > 2d mort. (Gov. subsidy)...
<t Bank, Oa.
Stock
0*
Oeneral iuort. "tripartite" bonds,
Collateral trust bonds, gold, redeemable at 110. c*
Certs, of debt, pavnhle at option after July, '91..
Ocean SS. Co., IstM., guar., s. f. $100,000 yearly.
Central Massachusetts M. bds.lnt.guar.bv B.AL.c*
Cent.KcvEng. <f HVsf. 1st M. for *2,5OO,00O
mtral of Kew Jersey Stock ($30,000,000 author.)
Gen. mort. for $50,000,000 gold (reg. Q. -J.) .eAr
1st mortgage bonds
Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage
Am.liwkA Imp.Co.M.bds.,guar.,redecm atllO.
I-elt. Coal A Nav., mort., gold, assumed
N. Y. AL'gBranon 1st m. red. In. '09 at 110,g..o*
N. J. South, rn lsc mort
0*
c*
long Branch A Sea Shore. 1st mort., guar
Debenture bds., conv. Into stock till 1 907
Cent. Br. V. P.
.
Car trusts
Central Ohio Stock <$4H ,550 of this is pref.).
1st mort. bonds, sinking fund
Consol. 1st mortg. (for $2,850,000), gold
Central Pacific Stock
f,
Klrlnz Immediate notice ol any error discovered In
Miles
Ac., see note*
Omtral R. R.
1st in .. gold, (2 sink,
i.j
$50,000 each),
t:ot
c
drawn
'
.
lstm.S.Joaq'uVal.Br., g. (s.f. $50.000) not drawn.
V 8. Loan, (2d lien on certain terms' gold
WnPae.,lst,s.f.,g.notdr'n($l 11.000, JAD,rtue'95i
West. Pac, Government lien, gold
Cal. A 0., 1st M.,ser. A, g. (ext'ed) ) s. t. nntdr'n
Do
do ser. B, g.
$
$100 000.
Land grant 1st mortgage bonds, not drawn, gold.
RR.A 1 gr.,let on 17ro. 2d on 466m.,g.s.f.,notdr c
Central of Vt. Consolidated RR.of Vermont.lst V.
SUPPLKMEXT.
[Vol. XLIX.
ttaeae
Table*.
July,
18S9.J
RAILROAD STOCKS AND BONDS.
39
SUPPLEMENT.
INVESTORS'
:o
1
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[Vol. XL1X.
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2NTRAL OFRAILROAD
NEW JERSEY
AND CONNECTIONS.
Jcly,
EAILROAD STOCKS AND BONDS.
1889.]
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^A^
INVESTORS'
3*
Subscriber* will confer a
irwl hror by flTlaf Immediate
DESCRIPTION.
Mm
For explanation of column headings, Ac, see notes
on first page of tables.
CAar. Cinn. * CAie.-lst M.,g., ($25,000 p. m.)..c*
Charleston .* Savannah lien. M. $1,500,000, g...c'
1st A 2d pref incomes, $1,000,000 each, non-cuiu.
Charlotte Columbia <* Augusta Block
1st mortgage oonsol
2d mortgage
Columbia* Augusta
1st
mortgage
Consul, mortg., gold (for $3,000.000)
lst,g.(*2,24O,0OO)$16,0OOp.ni.c*
Ohartitrt lit mortgage
Chesapeake d A<i*A-lsl in., g. $25,000 p m.s.f...c*
Chesapeake* Ohio Pureh. money funding bonds. o*
1st mortgage, gold, series **A"
1st inort., gold, of 1911, Peninsula Extension. .c*
1st mort., gold, of 1922 on exl. (for $3,000,000). c*
e* A r
Consol. n.ort. for $30,000,000, gold
0*
Equipment trust bonds
Elevator Co. 1st M., prln. A int.guar. by C. A O.o*
lor
non-cum
2d
00,000,
$.'
mort.,
Income,
>.o*
Vhes.Ohiod Southtcest 1st M..g. ($19,000 p.
o'
2d mortgage ($11,000 per mile)
Paduc.A Eliz.,lstM..e.f.,dr'nat 100($300,000 8s)
trust
bonds
for
0'
$2.000,000
Equipment
C*Aire 8took, preferred ($53,30O is com.)
due
not
1898.
..c*
mort., $550,000
Bonds,
July 1,
Chalt.KomeiVol.
,
C
m
c
Ohxtago <t Allot, Common stock
Prelerred st'ck (7 o. o. y'rly not cumulative)
Gen. mortgage, sterling, for 4900,000
let
mortgage
SUPPLEMENT.
JolietA Chic, 7 p.c. stock, perpet. guar, by C.A A.
Bt. Louis Jacksonville A Chic, 1st M., assumed.
do
do
1st M. end. by Chlo.A Alton
do
do
2d M. endorsed hv O. A A..
^
i
!
[Voi,
XLIX.
notice or any error discovered In theee Table*.
July,
1889.]
KAILKOAD STOCKS AND BONDS.
34
LNVESTJBS' SUPPLEMENT.
[Vol. XL1X.
subr/-Iber* will confer a great favor by giving Immediate notice of auy error discovered In these Table*.
DESCRIPTION.
Miles Date
of
For explanation of column headings, Ac, see note* of
Road Bonds
on first page of tables.
Chicago dt Alton (Continued)
8t. L. Jaoksonv. A Clilc. 2d M., assumed (conv.)
La. A Ho., 1st M. ($439,100 assumed by C. A A.)
.
do
do
B.
f.
2dM. (Int. guar.
C.
A A.)
guar. pref. stock
bds.for K.C. 8L.L.AC.1 1st M. as collat (not dr'n
Pief stock
K
C.
St. L.
A C, guar
Hiss. Klv. Br. stock (7 p. ct. guar. C A A.)
Miss. Ri v. B'ge, 1st H.,as8umed, g..s.f. dr'n at 100
0*
Chicago <f Atlantic 1st uiort., gold, $ or M
2d mortgage (for $5.000,000)
Car trust bonds for $651.000
...0'
150
1H0H
101
101
101
162
162
1870
1877
365
Chicago Burlington <* northern. Stock
365
lstM.,s.f..red.atl05aft.Moh.,'96($25,OOOp.m.)o*
2d H. ($10,000 p. m.), red. after June 1, 1898..0* MS
Ten-year debentures, being exchanged for Id M.o*
Equip. b, ls,i ed. at lOf after 'y3 10 % dr. y'rly 100.
4,693
OhicagoB irltngton <t Quincy Stock
c*
825
Consolidated mortgage (for $30,000,000)
Trust mort. Iowa, dr. at 100 A 105 (s.f. 1> p.c.).c*r 790
Denver exten., bonds d awn at 100 (s.f. l|p. o-)c*
Bonds forBur. A S.W., drawn at 100 (s. f. 1 p. c.ho* 189
o*
Debenture bonds for Han. A St. Jo. stock
North Cross R. R. 2d. H (now 1st), g.,s.f.,$50,000 ioo
Trust mortgage (Burlington to Peoria)
o'
96
o
Plain bonds
"33
Blnk fd.bds.(for Albia Knoxv.AD.M.t.notdr'n.o*
Nebraska ext., $20,000 p. ra.(s. f. not drawn). c'.lr
;
c*
Ottawa Oswego A Fox River, 1st M
111. Grand Trunk, 1st M., $20,000 p.m., Int. gu.c*
c*
Qulncv A Warsaw, 1st mort.. int. guar
fund b'ds, not dr'n (St. L. R. I. A C. M. collat ).o*
Quinrv Alton A St. 1- (leased). 1st mortgage... c*
8.
"70
48
40
270
46
Par
Value.
1,000
l.ooo
1,0(1(1
100
1878
1,000
100
1877
249
249
Size, or
1381
1883
1,000
1,000
1,000
1,000
1886
50(1 Ac.
ISS-4
1,000
1,000
1,000
100
1336
1888
100
1873
1879
1881
1881
1883
1860
1,000
1,000
1.000
1,000
1,000
1864
l.ooo
1872
1,0(K.
1875
1,000
1887 l.OOOAc
1870
1,000
500 Ac.
1870
1870
1,000
1876
1,000
1876
1.000
Amount
Outstanding
July, 1889
RAILROAD STOCKS AND BONDS.
]
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
For explanation of column headings, Ac, see notes
on first page of tables.
Chicago Burlington** Quincy( Continued)
Burl.AMo.Riv.,lst mort. (cum. s. f., not dr'ni o*
o*
do 1st M. cov. bonds
Burl.&Mo.RR. in Neb. cons.M.l.gr.,8.f. dr'nat 100
o*
Omaha A 8. W.. 1st M.,guar
Burl. A Mo.RR.in Feb., s. f. for At. ANeb.RR.stock
c*
Nebraska Railway consol. mort., guar
K epub. Val. R. 1st M. g.(dr. at 100) s. f., $11,000.0
c*
A % chison & Nebrsska. 1st mortgage guar
<d^.oni.&
Lineo
ST.
RR. and bridge
at Nebras. City
W. RR. 1st M. guar.s. lp.o.. not dr
^ AN.
M. (Nos.l to SOOpf
AC.
K.C.St. Jo.
1st Ms. Nod.
f.
Bl.,consol.
>.c*
ami Tark Val. RRs. ir. at 100) .c*
RR 1st M.,$20,000 p. ni..
.
<
Humeston A Shennnd.
Chicago d Cn/iimetlV/-.
1st
M
,g.
(for
$3,000,000)
Chic. <l East. III. Stock ($1,358,200 is 6?6 pref.) ...
1st M., (8. f. $20,000 after '85. no drawings). ..e*
e*
Consol. mort., gold (for $6,000,000) s. f
o'
Collateral trust bonds, sinking fund
c*
C. A E. m. Extension. 1st mortgage
oAr
General consol. mortgage
c*
Dan. A Grape Creek Bit. 1st mortgage
Strawn A Ind. State Line bonds, assumed, s. f .c*
Chic.A Indiana Coal 1st M. ($25,000 per milel.c*
Chic, <* Or. Trunk IstM. $ A * ($567,500 res'd)cAr
2d mort
Northwest. Grand Trunk, 1st mort
Chic
<t 01. Western
1st mort.. gold, int guar
2d mort., for $4,000,000, gold. int. guar
<t
Milwaukee
St. Paul Com. stock
Ohicago
Preferred st'ck (7
p. c. y'rly,
c*
c-
not cumulative)
Consol. M.lfor $35,000,000) conv. into pref. st'k.c*j
1st M. ^Lacrosse Div.). convert, into pref. st'k.c*
5,(
t,<
33
30
IN VESTORS'
SU1TLEM EN T.
[Vol. XL1X.
July,
KAILROAD STOCKS AND BONDS.
1889.]
37
Subscribers will confer a great favor by giving Immediate notice of any error discovered in these Tables.
Bonds PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
pal, When Due.
Amount Rate per When Where Payable and
Stocks Last
of.
For explanation of column headings, 4c., see notes of
par
by
Outstanding
on
first
Chicago Hilwaukte d
pge
Paul
St.
Road. Bonds. Value.
of tables.
<
4
8t.P.4C.lstM.(Riv.D.)$4(conv.intopf.Btock).o'
o*
1st M., Chic. 4 Mil. (oonv. into pref. stock)
o*
let mort on Lac'se 4Dav. Div
o*
1st mort. on 8. W. Div. Western Union
1st mort. on Chic.4 Fac. Div.,Chle. to Miss. Rlv.c*
1st mort. on So. Minnesota Div. ($9,000,000) ..oLanrt grant income bonds, drawn at 105
1st M.onHast.4 Dak.Div.extens.($15,000p.m.)c*
1st M. on Ch.Cl.D.4M.(Dub.Div), s. f.,not dr'n.olst M. on Wis. Val.BR., s.f., 1 p.c, not dr'n
o*
RR
C
c*
Priormort.
do
1st mortgage, Mineral Point Division
o*
1st mortgage Chic. 4 Lake Superior Div
o*
1st M. Wis. 3s Minn. Div. ($20,000 p. m.)
1st M., g.. on Chic. 4Pao..W. Div.,$20,000p. m..c*
Chic. 4 Mo.Rlv.Div.,lstmortg.. ($20,000 p. m.).c*
Gen. mort., gold (for $150,000,000)
c*
bond
PayTile
Whom
7
7
4
4
4
4
4
4
4
4
4
4
&
4
&
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
&
N. Y., Oilice, 42 Wall,
Continued)
c*
lstniort. (la. 4 It.) cuvert Into pref. stock
c*
1st mortgage (Minnesota Central)
1st M. (Iowa
Dakota), conv. into pref. stock. c*
1st M.,I.4D.Ext.($15.000p.m.)conv. into pf.st'kc*
c*
1st M. (Prairiedu Culen)
2d M. (Prairie du Chlen), conv. Into pref. st'k.c*
c*
Milwaukee & Western
Inc.
Cent.
convert.,s.f.,4p.c after '88 (dr.at 105)
Terminals mot., gold
o*
&
Fargo Southern, 1st mortgage, gold, assumed ..
.
,
do
incomes
Dakota 4 Gt. Souths, 1st, gold ($18,000 per m.).
Chicago < Northwestern Common stock
Preferred st'ck (7 p. o. y'rly, not cumulative)
Consol. s. fd. M.. purchasable (not dr.) at 110.
230
49
126
234
195
195
1867
1864
1869
1878
1868
1868
1861
1872
1873
1879
1879
1880
1880
1880
$1,000
1,000
1,000
1,000
1,000
1,000
1,000
5004c.
i'30
85
1.000
185
1,000
212
1,000
120
1,000
419
1,000
1,000
395 1S80-6 1,000
372 1880
1,000
161 1880
1,000
500
107 1879
142 1880
1,000
68 1881
1,000
230 1881
1,000
1,000
1,267 1881
154 1886
1,000
1889 lOOO&c.
1886
1,000
1884
1,000
119 1883
1,000
1885
159 1886
1,600
100
100
4,211
4,211
.o"
776
1865
1,000
$3,198,000
123,000
541,000
3,505,000
3,674,000
1,241,000
215.000
3,804,500
2,393,000
2,500,000
4,000,000
3,000,000
7,432,000
1,200,000
6,670,000
6,565,000
2,466.000
1,106,500
2,840,000
1,360,000
4,755,000
25,340,000
3,083,000
6,000,000
2,000,000
4,773,000
1,250,000
200,000
2,856.000
31,367,450
22,323,170
12,747,000
7
7
8
7-3
7
7g.
7
5
6
6
6
7
7
45
6
e
7
5
5
s
-
i
4g.
5
5 g
-
6g.
6
5g.
3
1%
7
.
J.
J.
J.
J.
do
do
do
A.
do
A.
do
J.
do
J. London and
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
Dividend.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Boston.
N. Y., Office, 42 Wall.
do
do
do
J.
do
do
J.
J.
do
J.
do
J.
do
do
O.
do
J.
D. N.Y.Co.'s Office, 52 Wall
M.
do
do
F.
do
do
do
do
do
do
do
do
do
do
do
do
J.
J.
J.
1908
1898
1898
1891
1902
Jan. 1, 1903
July 1, 1919
July 1, 1909
Jan. 1, 1910
Jan. 1, 1910
Jan. 1, 1890
Jan. 1, 1910
July 1, 1920
July 1, 1920
Jan. 1, 1909
July 1, 1910
July 1, 1921
July 1, 1921
Jan. 1, 1921
July 1, 1926
May 1, 1989
July 1, 1916
July 1, 1914
Jan. 1, 1924
April, 1895
Jan. 1, 1916
June 27, 1889
June 27, 1889
Feb. 1. 1915
July
New York.
N. Y., Offioe, 42 Wall.
do
do
do
do
do
do
do
do
July, 1897
July, 1894
July, 1899
1,
Feb.,
Feb.,
July,
Jan.,
Prices of stock since 1877 have been as follows Common in 1878 ,
The annual report for 1888 was in V. 48, p. 524, but hereafter the
fiscal year will end June 30.
32ia554; in 1879, 498394i; in 1880.1 87188130; in 1881, 1173136;
In 1832, 124150\; in 1883. 115>4140 8; In 1884, 811*3124; in 1885,
OPERATIONS AND FISCAL RESULTS.
in
in
1041431275s; in 1888,
:
1885.
4,921
Miles operated
Operations
1888.
1887.
5,669
1886.
5,298
5,679
7,556,896
4,819,187
Passengers carried..
5,481,400 6,144.068
Passenger mileage... 214,550,187 234,444,700 230,444,573 254,068,777
Rate per pass. p. mile.
2-37 cts.
2-54 cts
2-56 ots.
2-42 cts.
Frdt'ht (tons) moved.
7,573,795
7,776,381
6,482,869
7,085,072
Freight (tons) inil'ge. 1337721453 1486509713 1629384501 169^2^:8661
Av. rate p. ton p. mile.
1-006 cts.
1-09 cts.
1-28 cts.
117 cts.
1888.
1887.
1885.
1886.
$
$
$
$
Earnings
6,031,091
Passenger
5,499,737
5,661,690 5,849,261
Freight
17,101,742 17,358,294 17,742,142 16.998,118
Mail, express,4o
1,811,79 4
1,838,5 21
1,698,419 1,774,721
Total gross earn'ga 24,4 13,273" 24,713,403 1!5,366,124 24,867,730
Operating expenses
9
Malnt'nce of way*...
2,551,327
3,110,566
2,641,977 2,871,902
Maint'nce of equip't.
2,665,792
2,430,809
2,327,875 2,342,314
Transportation exp.t
8,646,132
8,675,045 9,190,936 10,601,016
Taxes
733,545
150,658
759,350
156,017
14,512471
9,900,802
14,560,264
10,158,139
5945
5890
Miscellaneous
Tot. operating exp.
Netearnings
Pr. ct.op.ex. to earns
767,026
154,516
828,639
165,340
15,326,91 17,377,353
10,039,430
6042
7,490,377
69-88
*
Includes renewal of track. . t Including elevators, stock-yards, per
sonal injuries and damages to property, legal, Insurance, rent of cars
truckage, i<-.
INCOME ACCOUNT.
1885.
IiC
i
1886.
1887.
S
j/ts
1888.
S
S
Netearnings
Other receipts
9,900,802
105.939
10,158,139
144,654
10,039,430
272,825
7,490,377
218,174
Total income ....
Disbursements
Interest on debt
Di vs. on both stocks*
Rate of dividend
10,006,741
10,302,793
10,312,255
7,708,551
$
$
6,096,573
2,394,039
7
44
$
$
6,241,093
3.053,076
6,456,637
3.257.523
745
745
843sH5%;
1886, 104!4312038;
1887,
Preferred in
inclusive, 1023114.
10ig116; in 1889 to July 19,
7
in
76
In
1880, 1043146 *; In 1881,
1879,
s3108;
1878, 59%379s;
131is147i3: In 1882, 1363175; In 1983, 1343157; In 1884, 1173
149% in 1885, 119V3139 78: in 1886, 1353144; in 1887, 138 31451a;
1
136V3146; in 1889, to July 19, inclusive, 1353143%.
The sinking fund bonds of 1879 are secured by a deposit of mort.
bonds, on the new roads acquired at the rate of $15,000 per mile, and the
terms under which these are issued were published In V. 29, p. 277.
There are $6,305,000 of these 6s, and the sinking fund is 1 per cent of
outstanding bonds. There are several small issues of bonds in addition
to those in the table above, viz.: Minnesota Valley RR., $150,000. 7s
(A. 4 O.), due Oct. 1, 1908; Plalnview, $100,000, 7s (.M. 4 S.), due
Sept. 1,1908; Peninsula Railroad (Mich.), $152,000, 7s (M. & S.), due
Sept 1. 1898; Chicago Iowa& Nebraska, $129,000, 1st mort. 7s (F. &
A.), due Aug. 15, 1892; also $1,261,000 live bonds in the sinking funds,
May 31, 1888.
The $10,000,000 debenture bonds were issued to pay for the Chicago
St. Paul Minneapolis & Omaha stock the sinking fund for these bonds
is $200,000 per year from May, 1888, If they can be redeemed at 105.
In June, 1 884. $6,000,000 5 per cent debenture bonds were authorized,
and any future mortgage on the property of the company owned at date
of these bonds, shall include them.
The C. 4 N. W. exten. bonds of 1886 are direct bonds of the C. & N.
W. Company, secured by the deposit in trust of the 1st mort. bonds of
roads constructed or acquired, at the rate of $20,000 per mile. The
mortgage is for $20,000,000, and the Union Trjist Co. of N. Y. Is trustee.
in 1S88.
;
Land Grant. The lands of the company have been acquired by the
purchase of the Winona 4 St. Peter and other roads that have been
consolidated. The Comuiissioners' report for 1887-88 showed that tha
total consideration for the lauds and lots sold in that year amounted to
$532,664. Net cash receipts were $491,613. The statement of amounts
secured to be paid to the company by outstanding contracts of sale In
force at the end of the fiscal year showed a total of $1,214,886.
TABLE OF LANDS UNSOLD FOR TEARS ENDING MAT 31.
Name of
1885.
626,811
Michigan
Wisconsin
443,296
303,165
grant.
.Minnesota
7,048,976
2,270,732
6&2ia
Total
1,373,272
1886'.
574,362
420,423r
299,041
1,293,831
1887.
373,819
379,299
297,708
1888.
354,662
347,535
293,441
1,060,826
.995,638
^
Operations, Finances, 4c The Chicago 4 Northwestern Railway
Tot. disbursem'nts
9,294,169
8,490,612
9,714,160
9,319,708 has pursued the policy of extending rapidly its lines in the far West.
The stock had not been much increased until the issue of new stock
Balance for year. ...
1,516,129
1,008,624
598,095df.l,611,157 for stocks of proprietary roads, and a large nominal surplus had been
"These are the actual dividends paid in the year, without regard to the railed up, amounting to about $32,000,000 in May, 1886, of whioh over
time when they were earned.
$21,000,000 was charged off iu 1887. (See explanation V. 45, p 160.)
-(V.46, p. 227,255. 371, 401, 411, 414. 418. 481, 537: V. 47, p. 271,
Fiscal year ends May 31. Report for 1887-8 was In the Chronicle, V.
285, 326, 353, 368, 7o8 V. 48, p. 368, 524, 763, 827, 830.)
47, p. 16-3 (see also article In V. 46, p. 719), showing toe following for
Chicago & Northwestern. CSeeJfap.J Line of Road The Chic. the C. & N. W. proper
ROAD AND EQUIPMENT.
& Northw. operates 4,211 miles of Its own roads and controls 1,399 miles
of the Chic. St. P. Minn. 4 Om., 941 miles of Fremont Elk. & Mo. Val.;
1885-86.
1837-88
1834-85.
1886-87.
106 of Wyo. Cent and 107 of Sioux City&Pac.; total controlled, 6,764m. Tot. miles oper'd
3,948
4,211
4,101
3,843
The mileage is extensive, and is shown clearly in the accompanying
672
698
735
766
map. The main line from Chicago to East Omaha, Iowa, is 492 miles, Locomotives....
435
507
509
481
and this forms practically the southern boundary of the whole system. Passeng,4c.cars
23,681
Freight cars....
20,103
20,513
22,091
On May 31, 1888, the Chic. & Northw. mileage was made up in the annual Allother
553
cars..
470
546
581
report as follows: Wisconsin Division, 549 miles; Galena Division, 400
miles Iowa Division, 61 8 miles No. Iowa Division, 546 miles Madison
OPERATIONS AND FISCAL RESULTS.
Division, 509 miles Peninsula Division, 416 miles Winona 4 St. Peter
1887-88
1885-86.
1886-87.
1884-85.
Operations
Division, 448 miles Dakota Division, 724 miles total, 4,211 miles. In
carr'd.
9,709,934 10,787,420
8,403,884
9,140,195
July. 1884, the Blair roads, previously leased, were aoquired by purchase, Pass'gers
bnt the Sioux City 4 Pacific and Fremont Elkhorn 4 Missouri V alley (in- Pass'ger mileage 231,090,788 239.150,020 254,709,295 272,745,019
2-30 cts.
R'te p.pass.p.m.
2-36 cts.
2-29 cts.
2-38 ots.
cluding Wyoming Central) are operated separately (1,154 miles) and their
mv'd
10,912,315
9,737,312
8,235,127
8,494,239
earnings not included in those of C. 4 N. W.. but separately stated in the Fr'ght(tns)
(tns)
1754,593,5961939,044,102
m'ge 1416,789,205 1466,892,717
annual reports in the Chronicle on p. 178 of V. 45, andp.169 of V. 47. Fr'ght
102 ots.
1-24 ots.
1-15 ots.
Rate pr. ton p.m.
1-19 ots.
Organization, 4c The Chicago 4 Northwestern Railway was orEarnings
ganized in 1859. The company has since absorbed by consolidation a Passenger
6,279,621
5,820,151
5,646,150
5,498,111
large number of other roads.
17,503,244
19,329,484 19,118,797
16,917,394
Freight
In Decemher, 1882, a controlling interest was acquired in the stock of Mall, express, 4o
1,171,681
1,299,140
1,130,206
1,086,551
the Chic. St. Paul Minneapolis 4 Omaha Co. by the purchase of 53,800
hares of preferred and 93.200 shares of com. stock.
Gross earn's.
26,697,558
24,279,600 26,321,316
23,502,056
In July, 1884, the leased lines in Iowa (Blair roads) were aoquired
Expenses
on the terms stated in the Supplement of June, 1885, and prior issues. Yaint'ce of
2,951,880
3.227,245
3,351,700
2,939,253
way
"
The fiscal year ends May 31 The annual meeting is held early In June.
2,212,289
2,507,673
2,048,673
2,193,224
cars, 4e
Stock and Bonds. Of the common stock, $10,007,476 was held in Transp. 4 lniscel
10,055,684
8,918,681
8,156,221
7,970,502
the company's treasury on May 31. 1888. making the whole common Taxes
690,928
702,452
712,125
755,742
stock $11,374,866.
Preferred stock has prior right to 7 per cent;
Total
then common 7 percent
15,070,342
16,670,799
13,859,226
13,793,907
then preferred 3 percent; then common 3;
then both classes share. Dividends rtnoe 187."> have been: On common
11,250,974 10,026,759
10,420,374
Netearnings
9,708,149
in 187* ami 1879, 5 per cent; in 1880 and
18U.6; from 1882 to 1881 P.c. exp. to earn
57-08
57-26
62-44
58-69
incl.. 7; in 1885, <;*; from 1886 to 1888, incl.. 6; 1889. 3. On
preferredIn 1876. 2Hs percent: in 1877. 3"a; from 1878 to H81 incl., 7; i 1882,
[In year 1887-83, total gross earnings of the Sioux City 4 Pac, Frem.
T\; hi 1833 and 1884, 8; in 1885,713; from 1886 to date, at rate of 7 Elk. & Mo. Val. and Wyoming Cent, (the "trans-Missouri lines ") were
per cent yearly.
$3,330,950; net over expenses and taxes, $106,200.]
;
:
,
;
:
;
;
;
;
;
'
.
;
.
38
INVESTORS'
SUPPLEMENT.
[Vol.
xlix
July,
RAILROAD STOCKS AND
1889.]
subscribers
win confer a great favor by giving Immediate
DESCRIPTION.
Miles
Date
Size, or
39
BONL>S.
notice of any error discovered In these Tables.
Bonds Prine.
INTEREST OR DIVIDENDS.
Amount Rate
of
of
Par
For explanation of column headings, Ac, see notes
per When Where Payable, and by
Road. Bonds Value. Outstanding
Cent.
Whom.
on first paje of tables.
Payable
Okie.
<*
Northwestern
(
Continued)
Madison extension, lstM.,g.(s.f .,$23,000 notdr n)
Chlo. A Mil., 1st mortgage ($20,000 per mile)....
Menominee River, 1st in or guar
Menomineeexten., lstM,g.(s.f $20,000, not dr.)
t
126
85
25
120
. ,
Gen eons. M., gold, s.f. 1 p.c. ($48^000,000)..
Winona A St. Peter, 2dmort. (now 1st), guar
oJtr
1,058
137 1870-1 1,000
175 1871 100 Ac.
75 1870
1,000
62, 1872 500 Ac
24 1878
1st M. exten. gld land gr., s. f . .
Iowa Midland, 1st rnort., guar, by Chic. N. W..
Northwestern Union, 1st M., g., s. t
No. Minnesota, 1st mortgage
Rochester
N. W. construction bonds
Chic. Mil.
do
&
&
A
A
Tomah, lstmort., guar
Chicago
Mil. A Mad. 1st m. MiL to Mad.,gu. $20,000 p. m .0"
141
154
,
B.f.bds.OstM. col.) ($15,000 p.m.) red. at 105.. cAr
8. f. deben. uot drn.lfor C.8t.P.M.AO.stock).cAr*
Debenture bonds of 1909 (for $6,000,000) .. c&r*
cat
C.A N.W. Exten. bds. ($20,000 per M.)
Ottumwa C.F. A 8t.P., 1st M guar.($25,000 p.m.)
Des Moines A Minneapolis RR. lstmort. Bonds...
Escanaba A Lake Superior RR., 1st inort
Dakota Central RR., 1st mort
1st M.. Southeast Mv. (for $2,000,000)
do
North. 111., 1st M. ($20,000 p. m.) guar. C.A N. W.
Other small issues (see remarks)
Cedar Rapids A Missouri River, 1st mort
80
64
58
36
71
125
75
.
do
do
1st mort., 2d Div.
do
do
1st mort., 3d Div.
do
do
mortgage of 1884.
Maple River 1st mortg
Fremont Elkhorn A Mo.Val.,Consol.bonds
8. C. & Pac. CarTr.ass'd, $40,000 dr'n. year ly.c
Mo.V.ABlairR.R.Br'ge,
1871 $500Ac.
1863
1,000
1876
1871 500 Ac.
1872 500 Ao.
70
,
'
58
146
311
1st. red'ble aft.'93
1882
1880
1880
1,000
1879
1,000
1883 l.OOOAo
1884 1,000 Ao
1886 "l.OOOAe
1884
1,000
1882
1,000
1881
1,000
1882
1882
1885
1,000
1861
1863
1866
1884
1877
1883
1883
1883
500 Ac.
500 Ac.
500 Ac.
1,000
1,000
$2,977,500
1.700,000
560,000
2,546,500
12,336,000
1,592,000
4,067,500
1,350,000
3,365,000
200,000
601.000
1,528,000
1,600,000
14,457.000
10.000,000
3,869,000
15,461,000
1,600,000
600,000
720,000
1,007,000
2,000,000
1,500,000
531,000
700,000
582,000
2,332,000
769,000
402,500
7.725,000
281,000
1.000.000
.
A O
A J.
A J.
A
D.
7g.
A D.
7g.
7
M. A N.
J. A D.
A. A O.
M. AS.
M. A 8.
7
6
M. A N.
M. A N.
6
M. A S.
6
546 A. A O.
M. A N.
5
5
M. A N.
4
F. A A.
M.
5
A 8.
F. A A.
7
6
I. A J.
6
M. A S.
6
M. A N.
M. A 3.
5
v7
"l
7
7
7
7
6
6
6
A.
J.
J.
J.
J.
F. A" A.
F.
A.
A
M. A N.
I. A D
J. A J
A. A O
M. A S,
J. A J
pal.Wnen Due.
Stocks
Last
Dividend.
N.Y..CO. '80(1106,52 Wall
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1911
1898
1906
June
1911
Deo.
1908
Nov.
1907
Dec.
1918
Oct.
1900
June
1917
1908
Sept.
Nov.
1905
Nov.
1905
1905
Sept.
Oct.
1929
1933
May
Nov.
1909
Aug. 15, 1926
Mar. 1, 1909
Feb. 1, 1907
Julj' 1, 1901
Sept. 1, 1907
Nov. I, 1907
Mar. I. 1910
April
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
July
July
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1892-1908
Aug.
Aug.
May
June
July
Oct.
Mar.
Jan.
Boston.Coluinb. Nat. Bk,
1,
1,
1,
1,
1,
1.
1,
1.
1891
1894
1916
1909
1897
1933
1896
1923
(over Un. Pao. RR.).and Denver to Pueblo (over Denver A Rio Grande)
1884-85.
1885-86.
1886-87.
1887-88. 276 miles in all; total, 1,664 miles
Organization The Chicago A Rook Island RR. was chartered in
$
$
$
Receipts
$
Net earnings....
10,420,374
11,250,974 10,026,759 Illinois Feb. 7, 1851, and opened from Chioago to the Mississippi River
9,708,149
Jnly, 1854. The present Chic. R. I. A Paciflo was a consolidation June
Disbursements
$
$
$
$
4, 1880, with $50,000,000 stock authorized, and a stock dividend of
Rentals paid....
28,567
Interest on debt*
5,064,534
5,536,363
5,136,198
5,215,156 100 per cent to the holders of Chic. R. I. A P. stock. Des Moiues A
Dividends
3,414.504 Fort Dodge RR. was leased in '87. The annual election occurs in June.
3,981,348
3,444,504
3,444,504
Stock and Bonds. Dividends have been paid as follows since
Rate on pref
7
7
7
8
1876, viz.: in 1877 and 1878, 8 per cent; in 1879, 10; in 1880,
Rate on comni'n
6
6
6
7
and 100 p. c. In stock; from 1881 to 1887, inclusive, 7, in
S'acash
Slii king fund. ..
58,000
58,000
58,000
58,000
1888, 619; in 1889 to (late, 3.
of prices of stock was as follows since 1876, viz.: in 1877,
Range
Tot. disb'm'ts.
$8,638,702 $8,717,660
$9,132,449 $9,033,867
82>aai05a; in 1878, 988122; In 1879, ligalSO 1* in 1880
Balan ce, surplus
$575,700 $1,381,507
$2,612,272 $1,309,099 to July, 149204; July to Dec. (new stock) 100*a143 In 1881, 129
*
Less credit items.
148"s; in 1882, 122al40i*; in 1883, 116ia127i4: in 1884. lOO^a
126%; in 1885. 105*132; in 1886, 120ie131; in 1887. 109140 7s;
GENERAL BALANCE AT CLOSE OB' EACH FISCAL YEAR.
In 1888,9478.; lUHi; in 1389, to July 19 inclusive, 89ia101i4.
1885-86.
1886-87.
1887-88.
The extension and collateral trust 5 per ceut bonds of 1884 (trustee
$
A.$Sis
$
S
of mortgage U. 8. Trust Co.) are issued at the rate of $15,000 per mile
Chic. AN.W.-RoadAe<}uip. 127,101.024 f T ... lfil n v) f
for single track, $5,000 per mile additional for equipment and $7,500
U44
' 161 0;>0 li 148 372 056
Other companies
do
36,628,824 j
for double track. They are secured either by the direct lien of a first
Bonds owned
934.482
6.082,295 *10,321,015 mortgage or by deposit with the trustee of an
equal amount of 1st
Stocks owned
12,2-2,159
12,282,1*0 112,467,159 mortgage 6 per cent bonds of branoh Hues. After
July 1, 1894, they
Land grant investments
714,000
23n,000
253,000 are redeemable at 105 in the or.ler of their numbers,
beginning with
Bills and accounts receivable
l,t*26,281
1,757,952
1,846,520 the lowest. The difference in rate of interest of the collateral
trust
Materials, fuel, Ac
2,000.734
3,0O0,!>78
2,455,296 bonds and the bonds deposited (1 per oent
as it accumulates, is
yearly),
Cashonhand
2,932,848
4,214,036
3,669,099 invested in the collateral trust bands if purchasable below 105; otherTrustees of sinking fund
I
TS
4.438.177
4,239,176
4,320,
wise It reverts to the company. The bonds deposited to secure them
Total
$188,759,528 $176,048,646 $183,822,322 are the following: $3,228,0 >0 Wisoonsln Minnesota A Paciflo bonds
on road from Morto n , Minn., to Watertown, Dak., 121 miles, and Red
Liabilities
Stock, common
$41,374,866 $41,374,866 J $41,374,865 Wing to Mankato, Miim 93 miles (the Wisconsin Minnesota A Paciflo
Btock, preferred
22,325,454
22,325,454
22,325,454 belngoper .ted by the Minn.A St. Louis); $1,280,000 St. Jo.A Iowa bonds,
Stocks of propriet'ry roads.Ao
11,230,000
11674,183
11668.933 on road from Altamont to RushviUe, Mo., 64 miles; and $24,617,000
Bonded debt
90,511,500
97,384,500 103,433,500 bonds ($3,827,000 for equipment) of the Chic. Kan. A Neb. BR Co ,
Divld'ds declared, not yet due
1,331,600
1,331,600
1,331,599 which to Apr. 1, 1389, had constructed 1,388 miles of road, principally
Sinking funds paid
4,239,175
4,320,175
4,438,175 in Kansas, a ad completed a line to Colorado Springs, Col., in Oot., 1883.
Current bills, pay-rolls. Ac
2,251,206
2,721,369
2,050,770 Also $1,155,000 bonds were issued to retire the firs'; mort. bonds of
Uncollected coupons, Ac
140,762
122,880 Kansas City A Topika Ry. Co., owning 10 miles road, abridge over
135,506
Duetoroadsin Iowa
31,044
316,814
790,955 Kansas River and terminal property in Kansas Oity. (See abstracts ot
the extens on and collateral trust mortgage, and of the mortgages
Bonds unsold, Ac
37,000
37,000
Hote of Consol. Coal Co
125,000
125,000 securing the bonds deposited, in Chronicle, V. 47, p. 260, 26tl, 262.)
125,000
The fiscal year ends March 31. Annual report for 1888-9 in V. 48 p.
Accrued interest not due
703,525
1,473,536
1,552,796
Miscellaneous
115.209 762 and 798. The mileage, earns., Ac, have been as follows
120,000
120,000
Laud Income account
3.194,071
714,104
1,188,546
1885-86.
1837-88.
1838 8".
1886-87.
Railroad Income account
11,144,326
H2.994.539
114,303,639 Miles owned A oper.
1,384
1,592
1,334
1,527
Total
Operations
$188,759,529 $176,048,646 $183,822,322
carrUd.
*
3,517,624
3,705,992
Passengers
3,121,607
3,720,334
Includes F. E. A M. V. consols and Wyoming Central RR. lsts owned
Passenger mileage.. 129,203,401133,091,642 142,578,651 146.236,243
and pledge! as collateral for extension 4s of 1886, $10,093,000.
Rate per pass.p. mile 2-420 ots.
2-206 cts.
2-328 cts.
2-336 cts,
t Includes Chic. St. P. M. A O. stock, $10,315,659; F. E. <Sc M. V. RR.
Freight (tns) carried
3,873,605
4,180,109
5,0S8,839
4,970,496
stock, $1,966,500. Also owns C. A N. W. common stock, $10,007,476,
mile*. 719,972,565 793.824,454 941,661,006 374,604,510
(tons)
Freight
and preferred stock, $2,284, Included on other side of the acoount.
Av.rute p.tonp mile
; Including $10,007,476 stock and $2,284 pref. stock In Co's treasury.
1 Including live bonds in sinking funds, which amounted May 31, 1888,
to *1. 261.500.
IT The capital stocks of eleven differeut proprietary companies were in
former years brought forward at their par value, but are now entered
at their estimated value with reference to cost, and the stated cost of
the properties correspondingly reduced.
(V. 44, p. 343,621,713; V. 45, p. 52, 159,177,340, 575; V. 46, p.
172, 184, 200, 738; V. 47, p. 168, 182, 300; V. 48, p. 763.)
INCOME ACCOUNT.
;
'
u
'
to mB
I
'
,
||
:
Chicago tc Ohio River. Line of road fromSJdells, 111., toOlney,
86 miles. This Co. was organized In 1886 as successor of the Danville
Olney A Ohio River, foreclosed In Feb. 1886. An extension to the Ohio
River is projected. Income bonds are cou vertlble into stock for five years
from May 1. '86. Gross earnings in 1885-86, $61,767; net, $8,133. Ic
1686-87, gross, $75,377; net over operating expenses and fixed charges,
$1,639. Austin Corbin, President, N. Y. City. -(V. 41, p. 21, 289, 308.)
Chicago Rock Island A Pacific.
Owns from Chicago to Council Bluffs, 500
(See Ma/>.>
-Link of Road.
miles; Davenport. la., to At
chison, Kan., 312 Atchison Junction to Leavenworth, Kan., 22; Washngton, la., to Knoxvllle, 78; South Englewood to South Chicago, 8; Wilton to Muscatine, 12; Newton to Munroe, 17; Des Moines to Indianola
and Wlnterset, 47 Menlo to Guthrie Centre, 14 Atlantic to Audubon,
25; Atlantic to Griswold. 15; Avoca to Harlan, 12; Avoca to Carson, 17; Mt. Zion to Keosauqua, 4; Wilton to Lime Kilns, 6; Al auout
to St. Jose h, 50 miles; 80. St Joseph to Rushville, 15 miles; Kan. City
to Armoiirdale, 2 mi'is; total owned, 1,186 miles. Leases: Cameron,
Mo., to Kansas City, 54; Bureau Junction to Peoria. 47 miles; Keokuk
Des Moines. 162; Des Moiues A Fort Dodge RR., Des Moines to
tp
Fort Dodge and Ruthven. 144 miles; total leased, 407 mles. Total
operated, April 1, 1889, 1,593 miles.
Tlie Chic. Kan. A Web. inilnge was as follows Apr:i 1, 1889. Owned,
Eliew. od, Kan., to Liberal, Kan., 440 mles; Herlngton, Kan., to
Pond Creek, I. T.. 150 miles; Ilerin ton, Kan., to Saliua Km., 49
miles; Horton. Kan., to Koswell Col., 569 miles; Falrtiury, Neb, to
Neb., 51 miles; McFarland, Kan., to Belleville, Kan., 104 miles;
D.dge City to Bucklln, Kan., 21; miles; total owned, 1,388 miles;
leases trackage Kansas City to No. Topeka, and Limon,
Col., to Denver
;
;
;
:
40
INVESTORS'
SUPPLEMENT.
[Vol XLIX.
July,
I8i-9.J
ftAILROAD STOCKS
AND BONDS.
41
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
of
For explanation of column headings, Ac., see notes
Road.
on tirst page of tables.
<t Northwcsler>\~( Continued)
102
BlouxCity & Pacific, 1st mortgage
102
do
2d mort. (Gov't subsidy)....
do
pref. stock (1st M. on 6 m )
86
Chicago <f Ohio River. 1st mort. (for $500,000)....
Income bonds, conv. into stock till May, 1891 ...
Chicago Rock Island <t Pac St'ck (for $50,000,000)
636
1st mort., Chic, 111., to Council Bluffs A br'obs.c*
Chic.A Southw.. 1st M.g. (g'd In cur. by C.R.I.AP.) 271
1st M. ext.and ool. ($20,000 p.ni.),red.aft.'94,c.Ar. 1,676
702
Chicago St. Louis <& Piltsb. Common stock
702
Preferred stock (6 per cent cumulative)
c* 580
1st M.,consol. gold (|22,000,000) s. fund
117
1st M. Chic. & G't Eat. (Chic to Logansport>..o'
do Col. A Ind. Cent. (Colum. to Ind. and br.).o- 208
93
do Union A Logansp't (U'n City to Logansl.o*
do Cinn. A Chic. Air Ldne(Rich. to Logans.). o* 107
208
o*
2d M. Col. & Indianapolis Central
302
Chic. St. P. <* Kan. City-lBt, M.,g.(red1 Jan., '96).o*
Minn. A North-* est'n 1st M.,g., $16,000 per in.c', 514
Income bonds (conv. into 5 per cent pref. stock)..
AH
General mortgage.
*
Chic. St. Paul Min'polis it Omaha Common stock.. 1,399
Chicago
:
1.399
Pref erred stock
Consol. mort.for $30,000,000 ($15,000 per m.).c* 1,384
177
0*
Chic. St. Paul A Minn., 1st mort., gold
c*
80
North Wisconsin, 1st mortgage
j
St.P.A8i'xC.,UtM.,g.($7,000,000)$10.000p.m.o*
c
St. Paul Stillwater & Taylors' Falls, 1st mort
Hudson & River Falls. 1st mort
c
1st
East
mort., guaranteed
RR.,
Minneapolis
Chic, dt West. Indiana 1st M ,g., s. fT, dr'n at 105.0*
o*
Gen'l mort., gold, sinking fund, red. at 105
608
21
12
3
48
48
Date
SUPPLEMENT.
INVESTORS'
4
[Vol. XJ.1X,
MAP OF THE
CHICAGO, ST. PAUL & KANSAS CITY
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.
r
Decai>i
July,
KAILROAD STOCKS AND BONDS.
1889.]
Subscribers will confer a great favor by giving Immediate notice or any error discovered In these Tables.
DESCRIPTION.
Miles
For explanation of column headings, &c, see notes
on first page of tables.
CA(V.d!Tr./>i</.-rCo.)-Gab.M.$l,0O0,O00dr.l05.c*
Chicago < West If teAigan Stock, new
Chie.A Mich. L.S.RR, Ut M.,New Buff, to St. Jo.c*
Gr. Rap. Newaygo & Lake 8h., RR..lst mort. ..c*
Gen'l M. ($12,000 p. mile), 1st M. on 242 miles c"
Chippewa FaJ.'ey-lst M.g. $& for$l,800,000...c*
Cincinnati Hamilton < Dayton Stock
Preferred stock, Series A & B
e'
Consol. mort. ($996,000 are 7s), $ & &, s. f
o*
2d mortgage, gold
Cin. Ham. A 1. (Junction) RR., 1st mort.. guar
Cinn.Jack.il Mack
lsbronsoL, g.($10,000 p.m.) c'
o*
Cincinnati Van Wert 4 Mich., 1st mort
do
do
2dM..
inc., non.cuiu..red.
at 100
Cincinnati Lebanon <t Nor. 1st m. (for $200,000). c
Cincinnati ( Muskingum Valley 1st mortgage
c
Cincinnati t/ew Orleans^ Texas Pacific Stock
Richmond <t Chic 1st mort., guar
Richmond dt Ft. IT. 1st mort., gold,
Cincinnati Sandusky <t Cleveland Stock
Cin.
Cin.
int.
gu
c*
Preferred stock
lst.M.,8.Day.&C. (Yfad.Riv &L.E.) dr'n at 100..C
c
2d mortg. Cine. Sandusky * Cleve
c
Consol. 1st M. ($3,000,000) gold
c
Cincinnati <t Springfield 1st mortgage, guar
.
2d mortgage
c
Cincinnati Wabash d Michigan fil. for$l,000,0O0.e
..c
Oincin. Washington <t Salt. Cin. A Bal , 1st
Baltimore Short Line, let mortgage, assumed ..c
c
Prior lien mort.. gold (1st M. on 246 miles)
l8tM.(8ubj.tOBboveM.),g.($6,250,000are4issgu.c
c
2d mortgage, told
M
43
11
INVESTORS' SUPPLEMENT.
[Vol.
XLIX.
July, 189.
]
KAILROAD STOCKS AND BOKDS.
45
INVESTOES'
16
SUPPLEMENT.
[Vol. XL1X.
Subscriber* will confer a a real favor by giving Immediate notice of any error discovered In these Table*.
DESCRIPTION.
For explanation or column headings,
on first page of tables.
Ac see note
Cincinnati Washington!* Baltimore. Continued.
3d mort., gold (3 pr. ct. for 10 years and 4 after) c
c*
1st Income inort.. non-cumulative, gold
0*
3d Income mort.. non-cumulative
Cleveland Akron <t Oolumbus Stock
1st inort., cold, redeemable at pur after
189a
General mortgage, gold (for $1,800,000)
Ctetelamd <t Canton 1 st mortgage
Olereland Cincinnati Chicago <t it. Louis
Stock, preferred, 5 per tent non cumulative
c
Miles
of
a Mahoning TaUey Stock
c*
1st mortgage, extended
o*
3d mort tr. (now 2d)
Consol. mon. for $3,000,000, (rog. Int. Q. J.)c4r
c*
Niles 4 New Lisbon, 1st mortgage
cat
Olereland it Marietta. 1st mortgage
OUve. <t Pittso. Stock, 7 p. ct. guar, by I Vim. Co..
o
4th mortgage (now 1st)..
Consolidated sinking fund mort. for $5,000,000. c
Ser.
"'A"
t
and
S.f.drn.o
Oonstr'n
equip'tlnc. bds.,
1" )$ at IGO.c
do
Ser. " B"
do
81 ze, or
of
Par
Road. Bonds
281
281
281
161
Vaiue.
8S3
$1,(1(10
1883
1863
1,000
1,000
1
195
144
195
1886
1*87
1887
100
BOO 40,
500 4c.
1,000
100
100
1,152
..... 1,152
Stock, common
c
151
Indianapolis Cln. A Laf. M., 1st on 64 miles
o
21
Cln. * Ind.; 1st mortgage
c
2d M., guar
21
do
Gen.lst M.g..C. I.St. L4C.s.f.lp.c.b'ds not dr'n.cisr 389
Con. M.'C. I.St. L. AC, drawn at 105,8. f.lp.o..o* 175
56
Cincinnati Lafayette A C'liicairoJlKt inort.. gold. o.
119
1st mort. Bel. A Ind. (about $21,000 red. yearly)
0. C. C. 41. sinking fund
391
do
Con. M.C.C.C 4 I. (s.f.lp.o.)dr'n at 100 If unstmp'd 391
Gen. con. M. C. C C. 4 I. gold (for $12,000,000) .. 391
158
CUtel. Lor. < Wheel. CI. Tusc. VaL 4 W. 1st M.. ..
Olereland
Date
125
67
67
125
35
225
199
199
1867
1862
1,000
1,000
1st;?
1886
1880
1871
1864
1869
1874
1. ()<)<)
lOOOAr
1,000
1,000
1,000
1,000
1,000
1,000
1,000
184
1878
50
1873
1876
1888
1870
1887
BOO 4a,
;>oo Ac.
1
,0004c
500
Ac
1,000
50
1862
1867
1873
1873
500
1,000
1.000
1,000
INTEREST OR DIVIDENDS.
Wnen Where Payable, and
Amount
Rate per
Outstanding Cent.
$2,270,000
3.214,000
4,000.000
4,000,000
200,000
1,281,000
2,CO0,000
3-1
5
Payable
4
A.
g. F.
.... i
K-
5
1>
6g.
10,000,000
20,500.000
7
431.000
7
297,000
7
789,750
4 8
6,864.000
6
792,000
N69.OO0
235,000
7
3,000.000
3,920,000 7 or 6 g.
3,205,000
8
I
700,000
:i'.
2,759,200
654,000
487,900
1,500,000
500,000
6
600,000
1\
11,247,036
6
1,104,844
7
1,982,000
7
1,537,000
7
463,000
'
"
?'
7*
Whom.
Bonds Princ:pal. When Doe.
by
Stocks
Last
Dividend.
Jolt,
1889.1
RAILROAD STOCKS AND BONDS.
47
4H
INVESTORS'
SUPPLEMENT.
I
Subscribers will eoiuer a
irwt lavor by glrtug Immediate
DESCKI1TION.
A'ru. 0i
1st M. (for *7.000,000>.c
Bridge and Terminal M. for .114.000.000, it
o'
Oolonulu Central 1st M. (415.000 per mile)
c
Colorado H tdtand 1st m., gold ($25,000 p. mlle)c*
fe*. S/. L. <t
2d M.dstM. JeromeP. Br"), lno. oum. tlll'91,g .c'
id M. (for $ 1,000,000), g.. Income cum. tlU"93..o*
Equip bds. ($".00,0001, dr'n at 105 (s.f. In '90). 0*
Columbia <t 9reenvilUlal wort., gold
0'
2d mortgage
o'
Columbia <t Fori Deposit ll mortgage
e
Columbus it Cmn. Midland 1st mint
c*
Columbus it Eastern 1st in. for $3,003,000 gold. 0*
Columbus Uoeking Valley <t Toledo Stook
Col. A H. V. 1st M., (reg. $500,000 by Treas.) e
CoL A H. V. 2d mortgage bonds
o'
CoL 4 Toledo, 1st M. (Columbus to Toledo)
o
do
2dM.
do
do
Ohio A W. Va., 1st M
o
Consol. mortgage, gold (for $14.500,000)
c
Oen. J
g. on road A Hocking Coal A RR. Co
.o
Columbus Springfield it Cincinnati 8 ook
1st mortgage
e
Oolumbus & Xenia Stock J 82 5 p. o. r'l P. C. A St. L.;
1st mortgage
Penn.
lease.
o"
o*}
RRgua's
.
,
.
.
Concord Stock
Concord <t Olaremont (.V. H.) 1st mortgage
c
Concord it Ports. Stock, 7 p. a ren'l. 99 yrs. Conc'd
Oonn. <t Possum. Fret, stock, 5-6 p. o. ren'l, 99 yrs.c*
1st mortgage
o*
A Pass.
c*
A P ...o*
Massawlppi st'k, guar, same div. as Conn.
do
bonds, guar, by Conn. A Pass
Newport A Richford
Connecticut Rivet
1st M., guar,
Stock
notice of any error JUeorered la lh4*e Table*
nam
For explanation of column headings, Ac, see note*
on ttret page of tables.
Road. BoSh*.
I
Vol. XL1X.
by
C.
When
vSJL O-tSE&g Bgffr p
[Where
P^bio
ana by
Jply,
18S9.J
KAiLROAD STOCKS AND BONDS
4i
SUPPLEMENT.
INVESTORS'
.10
XL1X.
[Vol.
Subscriber* will confer a great faror by giving immediate notice of any error discovered In these Tables.
Bomls PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
pal.When Due.
Amount Rate per When Where
Par
of
of
and
see
notes
of
column
Ac,
headings,
For explanation
by Stocks Last
Payable,
Road. Bouds. Value Outstanding Cent.
whom.
Dividend.
Payable
on first page of table*.
,
c
Connecting (Phila.t 1st mortgage, endorsed
0'
Corning Cowancsipu <* Antrim Debentures
Cothixlon * Soulhern-lut mortgage
Covington <t Macon \st M.. gold ($12,000 per m.)c
Cumberland c* 1'enntylranialit mortgage
2dm.. s. f. $20,000 yearly, (guar.) eu'ded In 1888
Cumberland Faf/ey-Stock ($494,900 Is preferred).
1st A 2d Ms, 2d $109,500, due April. 1908
c'
Southern Pennsylvania (leased), let m, gold
Danbitry it Xor. 8tock. 5 p. c. gu. 99 yn>. Hous. RR.
1st aud 2d mortgages (2(1 M. due July 1, 1892). c*
o*
Consolidated mortgage
c*
General mortgage
<t
Stock
($15,000,000)..
Dayton FLWaync Cbcago
Dayton <t Mich, Com. stock <3s "oguur.C. II. .VI).)
Preferred stock, (8 percent, guar. C. H. A D.)
Consol. inort., guar, prino'l A Int. by C. H. A D. .0
Toledo Depot 2d mortgage
Dayton <t Union 1st M., inking fund (not drawn)e
r
Income mortgage bonds, sink, fund
Dayton it Western let M., guar. L. M. and C.4X.C
B.
Delaware 8toek-6 p. c. guar, till '98, P. W. A
Mortgage bonde, convertible, guar. P. W. A B. o*
Del. <t Bound Br. Stock 8
1st mortgage
l6t mort. on Trenton Br.,
% gu.,
Phlla.
A Read..
c
line r
2d mort. on main
Delaware Lackawanna it Western Stock
Coneol. mort., on roads Aequlpni't. ($10,000,000)
Plain bonds (not mortgage) convertible
Del. Man/land it Fa. June. A B. 1st M. to State..
0*
Juno A Breakwater, 2d mortgage
Breakwater A Frnnkford, 1st mort., to State
Worcester RR.. 1st M. (s.f. not In operat'n) gohl.c'
7
78
30
107
38
38
125
52
24
37
33
33
36
250
152
152
142
32
32
37
100
85
31
27
4
889
288
44
44
19
35
1864
1888
1SS7
1888
1866
L868
$1,000
1,000
1,000
1,000
50
500 Ac.
1870
70-'"72
1880
1883
1,777,850
270,500
625,000
600,000
"50
100 Ac.
1,000
100
400,000
100,000
1.-.0,000
(1)
"50
1871
1881
1864
1879
1879
1864
1875
1,000
1,000
1,000
1
495.000
.000
25
500 Ae.
1875
1879
50
1877
1872
1860
1879
1873
1876
2,403,243
1,211,250
2,675.000
53,000
225.000
172,000
50
1,000
1,000
500AC
Earnings in 1887-89, $670,812; net, $135,450; rental
paid C. C. A A. RR., $150,000; deficit to lessee. $12,551. Earnings In
1886-87, $651,367; net, $174,376; rental paid C. C. A A., $150,000;
surplus to lessee, $24,376. George J. Magee, Prest., Watklns, N. Y.
So other n. Under construction from Ooshooton
Coshocton
O., to Zanesville. about 30 miles, to be completed in May, 1889. Presi
ident, J. W. Cas9ingham, Boston, Ma<s.
Macon. Owns from Macon, Ga., to Athens, Oa.,
Covington
105 miles. Bonds are issued at the rate of $12,000 per mile and
capital stock $12,000 per mile. (V. 46. p. 173.)
A
A
from Cumberland.Md.,
to Piedmont, Md., and several branches, 55 miles. It is owned and
operated by Consolidation Coal Co., which guarantees second mortgage.
Cumberland Valley. Owns from Harrisburg, Pa., to Potomac
River Md.. 82 miles; leases Cumberland Valley A Martineburg RR.,
12 miles Dillsburg A Mechanicsburg RR., 9 miles; Southern Pennsylvania RB., 21 miles; controls Mont Alto RR., 18 miles, but accounts
kept separate total controlled and operated, 143 miles. Of the stock,
$975,800 com. and $237,200 prei. is owned by Penn. RR. Co. Large
advances have been made to branch roads. The So. Pennsylvania is
leased for net earnings; no Interest paid on bonds since March, 1875.
In 1888 gross earnings on the main line were $752,711; net, $199.849; surplus over fixed charges, $178,209, against $165,411 in 1887.
6
M-
6
M.
5
J.
8. Phlla.,
,v
A N.
A J.
6g. M. A S.
M. A 8.
6
M. A N.
6
2
Q.J.
A. * O.
8
7g. M. A S.
F. A A
2><
J. A J.
7
6
J. A J.
5
A. A O.
A.AO.
2
Q.-J.
5
J. A J.
M. .V
7
7
J. A D.
6
J. A D.
6*7 J. A J.
3
J. & J.
6
J. A J.
2
Q.-F.
F. A A.
7
600,000
1,284,000
803,500
300.000
l'.dbo
Company.
Cumberland A Pennsylvania. -Owns
$991,000
1,250.000
1,555,214
640,500
1,742,000
1,500,000
242,000
26,200,000
3.074,000
600,000
400.000
250,000
200,000
I
1\
7
7
4
4
4
*
Oltice. 190O-'l-'2-'3-'4
May
1.
1898
A Co April, 1989
do
do
July, 1889
do
do
Jan. 1, 1911
!-.
do
do
March 1, 1894
Dec. 1, 1909
N.Y., Am.Eich.Nat.Bk.
After 1910
N.Y., Bank of America. Jan. 1, 1905
Co.'s
Office.
Dover,
July, 1899
Phil., Fid. I.T.A.S.D. Co. July 1, 1895
Phlla., 240 So. Third 8t. Aug. 15, 1889
Phlla., Guar.T.AS I>.('o.
May, 1905
N. Phila.,Of.. 240 So.3d St May I, 1899
Q.-J. N. Y.. 26 Exchange PI. July 20, 1889
do
do
M. A 8.
Sept. 1, 1907
do
J. A D.
do
June 1, 1892
J. A J. Phlla.. 233 So.FourthSt
Jan., 1890
do
F. A A.
do
Feb 1899
do
J. A J.
do
Jan. 1998
do
A. A O.
do
April, 1896
6
400.000
Penn. RR.
Phlla. Fidelity Tr.
1917
Boat, Internat'i Tr. Co.
#.Y., Mercantile It. Co. Sept. 1.1915
N.Y., Consol.Coal Office March 1,1891
do
do
May 1. 1891
Phlla. and Carlisle. Pa. July 1, 1869
Phila.,T.A.BiddleACo. 1904 A 1908
Last paid March. 1875. Mar. 1. 1900
Bridgeport, Hous. RR. Aug. 15, 1889
Co
do
July 1,1890-92
do
do
Julv 1, 1920do
do
April 1, 1925
N. Y.. Winslow, L.
'.
|
,
g.
Greene RR. 8 miles; Oswego A Syracuse Railroad, 35 miles; Utica
Chenango A Susquehanna Valley RR., 97 miles; Valley RR., 12 miles;
controlled and operated Syracuse Binghamton A New York, 81 miles ;
leased lines in New Jersey Chester RR., 10 miles; Morris A Essex, 118
miles; Newark A Bloomfield, 4 miles; Warren RR., 18 miles Sussex, 30
miles ; Passaio A Del., 14 ; total operated, 889 miles.
The Delaware Lackawanna A Westei n formerly paid 10 per cent on Itsstock, but in the dull times 1876 to 1880 no dividends were paid ; in
1880 3 per cent was paid; in 1881. 6%; in 1882. 1883, and 1884,8; In
1385, 7k; from 1886 to 1888 inclusive, 7; in 1889, to date, 5i*.
Prices of stook yearly since 1870 have been: 1871, 10231111a; 1872,
9131121s; 1873. 79^3106; 1874, 993112%; 1875, 106<<3123; 1876,
64"aal20!%; 1877, 30'B 77: 1878. 41 361 ?a 1879, 43394; 1880, 68*8
1 1014
1881, 107131 ; 1882, 116>43150i4; 1883. llli3131i; 1884,
86*3133i; in 1885, 82<%1298; in 1886, 1153144; in 1887. 123J6*
139 *; in 1888, 123>31458: in 1889 to July 19,inclusive. 134=8148 \..
The report lor 1887 was in Chronicle, v. 48. p. 126
;
;
:
EARNINGS AND EXPENSES.
;
1885.
1886.
1887
1SS8.
;
(V. 48, p. 221.)
Norwalk. Owns from Danbnry, Conn., to Wilson
Danbiiry
Point. South Norwalk, Conn., 26^ miles; branches to Ridgefleld and
Hawleyville, together 10 miles; total operated, 36!a miles. In July,
1886, a lease of this road was made to the Houeatonic for 99 years, the
lessee to pay interest and 5 per cent per annum on stock.
Chicago. Road from Dayton, o., to IronDayton Fort
ton, 162 miles (the former Dayton je Ironton road); Dayton, o., to Del96 miles total, 258 miles, and projected 43 miles from the main
Shos,
ne to Fort Wayne. This company was formed in June. 1887, by consolidation of the Dayton A Ironton and the Dayton & Chicago. Stock
authorized. $15,000,000. It belonged to the Ives schemes. In March,
1888. R. D. Marshall was appointed receiver. Receivers certificates
for $432,000 are outstanding. E. Zimmerman, President, Cincinnati.
(V. 46. p. 102,320,371,448,738.)
Dayton Michigan. Owns Dayton, O., to Toledo, O., 141 m., and
Leased May 1, 1863, in perpetuity to
leases Deehler to FindTay, 11m.
the Cln. Ham. A Dayton. Lease amended Jan. 23. 1870. The rental is
the interest and sinking fund of debt, and 8 per cent on preferred stook
and 3*2 per cent on $2,128,600 common. Or the common stock only
$2,128,600 is guaranteed 3>3 by C. H. A D. Profit to lessee in 1883-84,
$161,990; 1884-85. $196,387; 1885-6, $215,219; 1886-7, $276,562;
In 1887-8, $363,933: in 1S88-89. $348,0d8. Grose earnings iu 1888Due lessees for advances, March 31,
89, $1,496,533; net, $661,266.
'89, $/ 25,053. (V. 47, p. 708 ; V. 48, p. 127.)
Union. Owns from Dodeon, Ohio, to Union Clcy, Ind.,
Dayton
32 miles; leases Dayton to Dodson, 15 miles; total operated, '47 miles.
The Greenville A Miami RR. was sold out Oct. 30, 1862, nd re-organised as now Jan. 19, 1863. Operated by trustees since Dec. 23, 1871,
all surplus earnings over interest going to a sinking fund for the
redemption of bonds at not above 100. Capital stock, $86,300; par, $50.
In year ending Oct. 31, 18-8. gross earnings, $155,934 ; net, $58,123
snrplus over charges, $18,065.
Western. Owns from Dayton, O., to State Line, Ind.'
Dayton
37 miles, and leases 4 miles to Richmond, Ind. Leased from Jan. D
1865, for 99 years, renewable forever, to Little Miami, and oarried with
that road in the general lease to the P. C. A St. L. The lesseee are
virtual owners and are answerable for all obligations. Of above bonds
$32,000 are 7s.
Delaware. Owns from Delaware Junction (P. W. A B.), Del., to
Delmar (Md. Lint), 84 miles; branches, 16 miles: total operated. 100
miles. The Dorchester A Delaware and Queen Anue A K. railroads
now opeiatcdby P. W. A B. RR. Th Delaware Railroad was opened
1855-60, and is leased for 21 years from 1876 to the P. W. A B.
Co.; rental 30 percent of gross earnings, but stock must have 6 per
cent. In year ending Oct. 31, 1898, gross earnings were $918,470; net,
275.541; interest and dividends, $131,637; surplus, $143,901. In 1886t 7. gross. $736,0.".5; net, 30 per cent
earnings. $220,817; interest
and dividends, $131,550; surplus, $89,267. One-half of each year's
snrplus goes to lessee as per lease.
A
Wayne A
;
A
A
;
A
ROM
Delaware A Bound Brook. Owns
from Bound Brook (Cent,
New Jersey) to Delaware River, 2. utiles; branch, main line to
in connection with Central
Trenton. 4 miles; total operated,
miles,
of New Jersey and North Pe
la forms a line between New
York and Philadelphia. In May, 1879, tie property was leased for
990 years to the Philadelphia A Reading Railroad Company the lessee
paying Interest and 8 per cent on stork after May, 1883. Gtobb earnings
In 1487, $764,566; not. $407,159; surplus to lessee, $149,279.
Delaware I.iu-kawanna A Western. (AeJIaji). This company
operates under lease n extended system of roads in New York, Pennsylvania and Ne*- Jersey. Owns from Delaware Ki\er(N. J. line) to New
York Mate line. 115 miles; branches- Scranton to Northumberland,
60n lies; Greenville to Wtnton, Pa., 8 miles: toStorrs, 3 miles; Junction
to Keyser Valley, Pa 5 miles; leased lines j;. Hew York N. Y. Lack. A
Western RR., 214 miles; Cayuga A Susquehanna RR., 34 miles;
of
m
Gross rec'te all sources.. 31,091,677 32,342,865 39,845,857 43,232,422
23,220.572 24,954,433 30,694.000 33,546,135
Operating expenses
164,029
810,061
443,182
967,605Betterments, equip., Ac.
Total expenses
Net receipts
23,663,754 25,118,462 31.504,061 34,513,7407,427,923 7,224.403 8,341,790 8,718,682
INCOME ACCOUNT.
1836.
1885.
7,427,923 7.Z24.403
5,187,089 5,186,711
Net receipts
Interest
and rentals
2,240,834
1,965,000
Balance, surplus
Dividends
Rate of dividends
7>a
2.037,692
1,8^4,000
7
1887.
8,341,796
1888.
8.718,682-
5,203419
5,218,419
3,138.377
1,834,010
3,500,263
1,834,00*
7
7
203.692 1,304,377 1,666,265
275.834
GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.
Balance after dividends.
Assets
RR..buildings,equipm'nt,
coal lands,
Ac
Stks and bds.own'd, cost.
Net cash and cur.
Materials, fuel,
acc'ts.
Ac
Total
1885.
1886.
1887.
1888.
$
$
$
$
3 1,508,047 34,496,431 34.669.226 31,538,226
5.374,918
"357,562
941,372
4.770,654 5,735,779 5,373,349
*897,33l '1,037,985 *2,582. 749
1,221,171 1,246,97(1 1,361,914
41,181,899 41,385,590 42,689,966 44,356,229
Liabilities
Stock
Funded debt
,
Surplus account
Total
liabilities
26,200,000 26,203,000 26,200,000 26,200,000
3,674,000 3,674,000 3,674.000 3,674,000
11,307,899 11,511,590 12,815,966 14,432,229
41,181,899 41,385,590 42,639,966 44,35(1,229
Net balance between liabilities and assets.
133,201,253,610; V.47,p.l61,594.77o; V.48. p. 126.190.)
Delaware Maryland A Virginia. Road extends from Harrinjj
ton to Reboboth Del., 44 miles; Georgetown to Franklin City, Va., 5m
miles total, 98 miles. In July, 1885, the company passed into control
of the Phila. Wil. A Bait. RR. and became part of the Penn. KB.
system. In year ending Oot. 31, 1883, gross earnings were $197,107
net, $25,668; deficit under interest. $24,332, against $33,853 in 189S-7.
*
(V. 46, p.
;
;
A New
Delaware
company owns $4,000,000 of
England.
the $5,000,000 Poughkeepsie B.idge Co. stock, $1,600,000 of the CenThis
New England A
Western and $900,000 Hartford A Conn. Western,
has authorized its collateral trust bond
(V. 49, p. 82.)
(3 feet.). (See Map) Owns from Denver
Citv, Colorado, via Pueblo, Salida, Gunnison, Moutro.-e and Grand
Junction, to the western boundary of Colorado, where it connects
with the Denver A Rio Grande Western, to Salt Luke City and Ogden,
making the distance from Denver to Ogden 771 miles, and from Pueblo
to Ogden 851 miles. Branches run to Leadville, Dillon, Red Cliff,
Butte, Silver Cliff, Chaffee, Aspen, Ouray and Hot Springs; also from Pueb
lo to Silverton, via Cuchara, Alamosa and Duraugo, with branches to El
Moro, Espanola, Del Norte and Wagon Wheel Cap: total Jan.. 1889,
1,467 m. The standard gauge aud road with third rail (completed ana
under construction) exceeds 500 miles.
The former D. A R. G. Railway was foreclosed under the old consolidated mortgage, July 12, 1836, and sold for $15,000,000. Reorganization was made under the title of Denver A Rio Grande Railroad Co.
Of the $42,000,000 consul, gold bds. (U 8. Tr. Co., trusti e) authorized,
$6,382,500 were reserved to retire the old. bonds when due and $0,900,
000 retained for acquiring the Denver & Rio Grande Western or to
extend the Denver A Rio Grande to Ogden. Of the $45,500,100 common stock. $7,500,000 to be held to acquire the Denver A Kin Grande
Western, or to build the line to Ogden, and $ 1,359000 of prof, stock reserved for the same purpose. The pieferred stockholders have the right
till 1891 to elect two-thirds of the directors, unless dividends are paid
out of net earnings for two full years on the preferred stock, after whiofc
the directors shall be chosen by all the stockholders. See abstract
tral
on which
it
Denver A Klo Grande
(
consolidated mort. in Chronicle, V. 47. p. 228.
In June, 1888, the improvement mortgage tor $5,000 per
milewaa
July,
RAILROAD STOCKS AND BONDS.
1889.]
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32
INVESTORS'
Subscribers will confer a -rem niTor bj ill in-
DESCRIPTION.
Miles
For explanation of column headings, Ac, aee notes
on
first
page of
tables.
Delaware <* .Veu> Kna. Collat.Trust(ror$2.000,000>
Denver el Kio urande Stock ($45.500,000)
Prof, stock, ft per ct.. non-oum. ($23,000,000)
c\tr
1st niort.. gold, sinking fund
Consol. mortgage, gold (for $42,000.000). ...o'Ar
Improvement mortgage ($5,000 per mile) g .o-ftr
Denver South Park << fur.- -1st M. gold, sinking fd
Consol. moit. gold ($17,000 per mile)
Denv. Tex. ,f Ft. Ifor/A 1st M. ($20,000 p.m.lgold.o*
..cAr
Deliver Texas * Gulf 1st H. ($20,000 p. in.)
.
.
Des Maine* < Ft. Dodge 1st niort.. coup., guar
1st mortgage. Income, guaranteed by C. R. 1. A P.
Mortgage on extension, guaranteed by C. R.I.A- r
o*
Bay City dt Alp. 1st mort., gold
Qrand Haven <* Mil 1st equip, m.. guar. . .0*
c*
Consol. mort., guar.by Gi and Trunk of Can
Del. Hilltdale ,f 8. IT. Stock, 4
rental, L.B.A H.f.
Detroit Lansing >t North. Stock, common
Preferred stock
Consul, mortgage (1st moit. on 163 miles)
o*
Ionia A Lansing, 1st M., extended in 1889
o*
A
West.
1st
o'
M.,
gold
endorsed,
Saginaw
1st M.,Gr.R.L.A D.,lst. $20,000 p. m, endorsed. o'
et
Sioux
Stock
City
Dubuque
1st mortgage, 2d division
cAr
Gen. M. for $3,000,000 held by 111. C'l. g
Iowa Falls A Sioux City, 1st M. Ia.F. to S.City
cAr
Duluth <* Iron Range 1st mortgage
Dui. So. Shore ,( aU. -Stock ($10,000,' 00 is pref.)
cat
1st mortgage, gold.
1st con. M. gold, $20,000 p. m..'.
o'Ar
Detroit
DeiVoif
%
I.
SUPPLEMENT.
[Vol.
XL1X
mediate notice of any error discovered In these Tables.
July, 1889.J
EAILKOAD STOCKS AKD BONDS.
93
31
INVESTORS'
SUPPLEMENT.
[Vol. XL1X.
July,
1889.]
RAILROAD STOCKS AND BONDS.
Subscribers will confer a great favor by giving immediate notice of any error discovered in these Tables.
DESCRIPTION.
Miles Date Size or
Amount
For explanation of coluin* headings, &c, see note
of
of
Par
on first page of tables.
Road. Bonds Value. Outstanding
I
Dunkirk AUegh. Yal. t Piltsoura 1st mort., gtld.c
90
2d and 3d mortgages ($200,000 only aie 3d m)..c
90
East Broad Top. 1st mortgage
r
30
East PennsylcaniaStoct, C sSgu. 999 yrs.,Phil..fc R
36
New 1st mortgage
c'
36
East Tennessee Virginia 4 Georgia Common stock. 1,083
1st preferred stock (5 per et. non cum.)
1,083
2d preferred stock (5 per ct. non cam.)
1,083
Old 1st m.s.f. (Bristol, Tenn.viaChat.toDalton,Ga.) 242
552
ConB.M.,"Divi8'l"ir.(Bristol.Tenn ,to 8elma,Ala)o*
Consol. mort., gold (for $20,000,000)
eAr
1st ext. M.. g. ($20,0(0 p. m.)for $1 5,000.000. c&r
Inipr.and equip, mort. for $6,000,000, gold...cfcr
Ala. Central 1st mortgage, guaranteed, cp
Knoxville & Ohio 1st mort., gold, guar
o*
East <e West Ala. -1st 00*8. M., gd ($15,000 p. m.) c'
.
.
Eastern (Mass.) Stock
Preferred stock, 6 per cent, not cumulative
Essex RR.lst mort. (extend, for 5 years In '86). .c
Certs, of indent. 1st m. s.f.$10O,0O0 y 'ly. not drn.c
Debenture bonds (for $900,000), for refunding, c
Eastern (N.H.)-SVk.i't p.o.ren'ltilll938, E.Mass
Eel JHrer Stock, 2 (to 3 p. o.i, guar, by Wab. West
Elgin Joliel <t EaSlern-lat M. for $6,000,000 g..o"
Gardner Coal City & N.lst M. for $1 ,000,000 g.e*
Elizabeth. Lex. tCBig Sandy 1st m.,g.,s. f., not dr..c
Elmira Cortland it Northern 1st pref. M., gold.o*
1st mort., gold, interest 5 percent after 1889
Elmira < Lake Ontario Stock
Sodus Bay & Southern 1st mortgage, gold
c
"50
"95
66
112
119
1870
1872
1873
$1,000
1888
1,000
50
100
100
1870
1880
1886
1887
1888
1879
1885
1886
1886
1851
1876
1887
16
94
98
32
110
120
120
98
31
1,000
1,000
1,000
1,000
1,000
1.000
1,000
1,000
1,000
1,000
100
100
100 &c.
500 &c.
ss
56
INVESTORS'
SUPPLEMENT.
[VOL XLIX.
July,
KAILKOAi} STOCKS
1689.1
AND
BONDS.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
For explanation of column headings, Ac, see notes
on first page of tables.
Elmira
WUliamsporlBVk, com.. 5 p c. ren'l, N. C
p. c. rental, 999 yrs., No. Cent.
<t
Preferred stock, 7
1st
r
mortgage
Income bonds, 999years
to
run
Empire* tublin-lat mort. gold ($320,000)
Brie d Pitts. Stoek. 7 p. c. ren'l, 999 yrs., Penn.
2d mort., convertible
Equipment bonds
Co.
-
Consol. mort. free of State tax (for $4,500,000).. o
c
Eureka Springs 1st M., gold
2d M. income bonds, 4 per cent int. paid in '89
European No. Amer. Stock, 5 p. c. rental, M. G.
.
.
<
.
Indianapolis 1st m., Evans. 4Ind. g.o
c*
Terre Haute 4 Southeastern 1st mort
Ev. 4 Ind. Cons. M. (for $2,500,000) gold, guar.c*
Evansville < T. Haute Stock
o*
1st consol. mort., gold
1st M., Mt Vernon Branch, g. ($15,000 p. m.)..c"
Evans. 4 Richmond, 1st M. guar. ($12,000 p. m.).
EvansvilU Terre H. <t OMc 1st M., g., int. guar. .0'
c*
2d mortgage, gold
Evansville
<t
Common stock;*.....
p. c. stock, non-cum. (T. 4 B., see remarks)
to State of Mass. (3 p. ct. int. till 1892). .
Bonds, coups., $500,00 ) are 6s, due Oct. 1, 1897.
Bonds,$500,000 j *rly,'99 to 1903 incl. .rest 1908 c*
Fitchburg-
Pref 4
Bond s
Bonds
Bonds ($1,500.00 due 1907,
Bonds
.
-
int.
A.4
.
cfcr
O.)
Boston Barre * Gardner. 1st M., $91,300 are 7s.
2d 4 3d M, ($57,000 3d M. 6s. conv into stock).
Hoosac Tunnel A West, debentures
Bost.
ar
SUPPLEMENT.
INVESTORS'
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[VOL. XLIX.
CHICJ
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/-7CORYDC
.^oVL
July,
1889.J
RAILROAD STOCKS AND BONDS.
59
INVESTORS' supplement.
60
tVot.XLlX
Subscriber* will confer a treat favor by giving Immediate notice of any error discovered In theae Tables.
DESCRIPTION.
For explanation of column headings
on first page of tables.
ao., see note*
Flint d Pere if arquetU Com. stock
Pref. stock, non-ei-.midatlve (for $C," 00,000)...
Reorganization mortgage, gold ($5,000,000).. ..c
Comol liinrtir., gold (for * 10,000,000)
Equipment bonds, $40,000 paid annually
gold, for $3,500,000.0
1st M on Port Huron Dn
Holly Wayne A- Monrt e, 1st M sink, fund, end.e
..
.
M
Pen.
1st
.gold. $5,240 p.m.o*
Fonda Johnstown <* Gloversrille lstM.,s f. not dn o*
for $500,000 ($300,000 res'd for 1st M.).c
Cons.
Fort Madison it Northwestern 1st lnort., gold
Florida Central
<t
M
Fort
Wayne
<t
Jackson
Pref. stock, (8 p.
ct.),
Common
stock
519 p. ot. rental
Lake Shore
Fort Wayne Cincinnati* Louisville Stock
Fort Worth * Dent. Cify 1st M., g., $18,000 p. m.c*
Fort Worth <t Bio Or. 1st M.. g., $20,0:0 p.m...C*
Galveston Harrisb.it S.Antonio 1st m., gold, 1. gr.o'
2d mortgage, Houston to 8an Ant. and branch c
West.Dlv.,letM.,g.,8anAnt.toElPaso,636in.Abr.
do
2d mortgage
c*
Galveston Houston it Hena. of 1882 1st m.,gnar. .c
Genera Ithaca d Sayre 1st M., (for $1. 500,000)... r
Ithaca * Athens, 1st mort., s. f., gold
f
Oecrgia Car. <t A'orlh 1st M. g. (not drn). giuir. .c
Georgia Co. Tr'stb'ds.s.f dr.atl 10 aft, July,92,g.c
Georgia Midland <t Gulf 1st M. g,($15,000 p. m.) .0
int. guar
Georgia Pacific 1st mort., $10,000 p.
Con. 2d m.int guar. ($9,(00i>. in.) ($5,400,000).c*
do
c. 4 r
income, non-cuin. ($9,000 p. m.)
Georgia Railroad & Banking Co. Stock
0'
Bonds, not mortgage
Bonds. not mort. ($300,000 mature in 1922). c*&r
r
Bonds, not mortgage.
,
m
Miles
of
July,
1889.J
RAILKOAD STOCKS AND BONDS.
Hi
'
I
69
INVESTORS' SUPPLEMENT.
fVoL.
XLJX.
J01.Y, 1889.]
EALLKOAb STOCKS AND BONDS.
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61
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Subscribers will confer a great favor
DESCRIPTION.
Brand Rapid*
Miles
tt
* Fla
.
150
1st M.. g.<*12,0O0p.m.)C
Indiana Stock
M9
o"
335
1st M., land grant, gold s. f. (guar, by Pa. RR)..c*
1st M.,gold, ($505,000 are laud gr.s.r.,not dr"n).o*
o*
2d mortgage, redeemable al 105 till 1894
c 4 r
Genei al mortgage for $13,000,000
Mackinaw
:f:tr.
367
367
loan.
Muskegon G. Rap. * Ind RR. 1st m. traf. guar.c*
Brten Ban Winona & St. Paul 1st mort. coup
Funded coupon bonds
2d mort. Income bonds, non-cumulative
.
Hannibal* St. JotephVonsiri.V. (for $8,000,0001.0*
c*
1st mortgage Guincy A Palmyra RR
c*
1st mortgage Kansas City & Cameron RR
Harrisb. Portsm'th Ml. Joy it Lane. Stock. 7 % guar.
r
1st M. (ext'd in '83), int. guar. Penn.RR
c
Barritb'g <* Poto'e 1st mort. fir $1,800,000
Hartford <t Connecticut Western 1st mortgage
Hou*alontc Stock
Preferred stock, 4 per cent non-cumulative
e*
New consol. mort. (for $3,000 000)
Consol. mort., not payable till 1910
iu
r
1890
Consol. mort, 10-308, payable
BousL JSa*t it Wext Texas. 1st M., gld ($7,000 p. m.)
land
2d mort.,
e*
grant
Houston it Texas Cent. 1st M., (main) gold, l.gr.,B.l.
1 st M gold, Waco & N' west Bremond to Ross)
Consol. mort., land grant, Main and Western Div.
Gen. mort., gold (for $18,500,000)
.
,
(
"37
219
219
1
Col. it Santa Fe 1st M.. g. ($12,000 p.m.: ...c
2d mort. ($8,000 p. m ), gold, assumed by Atch..c
Oulf a Ship Wand- 1st M.. gold, $12,000 p. m...o*
2d mort. for $2,800,000 ($8,000 p. m.), gold....c*
Gulf
1
1
[Vol. XL1X.
giving Immediate notice of any error discovered In these Tables.
bjr
of
For explanation of column headings, Ac, see notes
on first page of tables.
Road.
Georgia Southern
SUPPLEMENT.
,022
,022
292
13
54
53
53
38
104
164
164
164
74
74
192
192
345
58
464
522
Date
Jjly,
KAILKOAD STOCKS AND BONDS.
1889.]
/-*.'au
63
Waltoit
Claire
^evensTolnt___irQ
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Tracy
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INVESTORS' SUPPLEMENT.
G
Subscriber* will confer a (real favor br
DESCRIPTION.
srlvlua;
Miles
of
For explanation of column headings, Ac, see notes
Road.
on first page of tables.
Houston
Texas Central. (Con.)
1st in. land grant gold. Int. guar, by So. Pac
Coneol. >!.. land grant, gol-1 Int. guar, by So. Pac.
81 ic or
iar
n
Amount
alue.
Outstanding
l.ooo
1,000
l.'OO
9,565.000
3,980,000
<>
1,000
(D
3,355.200
783,000
1,497,000
40,000,000
10,000,000
2,500,000
3,800,000
1,000,000
1,500.000
2.499,000
5,?66,OO0
1,600,000
908,000
8,273,000
1.480,000
1,374,000
80.000
14.500,000
2,500,000
3,250,0
600,000
40-.000
1,800,000
142.000
1,213,000
795,000
<t
520
.-.20
,
i,
Date
of
Bondi-
Immediate notice
n. M.,
gold. Int.
guiranteed by So, Pao
.".'JO
1S-7
1KS7
lssT
1SS7
1888
are6s
Debcnt., pnn. find int. guar, (f
Bus. Hridye*H.E.R'u.-\sX M.*I0,00O.0OO.c**r
64
^urifd'nrffir arfrop-8t 'k$l,085,POol87p.o tpref.
64 1854-7
1st and 2d mortgagee, gold
64 L86S
3d mortgage consolidated
Illinois Central Stock
1,953
Leased Hue 4 per cent stock, guar
Bud.
-
Mortgage sterling bonds of 1895
20,000 d'n y'rly) c*
Sterling bouds of 1903, (. f
.
Mortgage, sterling, bonds of 1905
o
Mortgnge bonds, gold
o*
Mortgage bonds, gold
Trust bonds sterrg,(seoured by Ch.S.L.A NO. cons.)
mi
cii. A Sp. nil. (Oilman to Springfield)
1st M.
1st M Middle Dlv., Otto to Normal Juno. Abrs..r
Collat. trutt b'ds.gold (for $15,000,000) $ A *...o*
Clilc.St Louis A N.O., 2d M. (N. O.J. A U. N.).
do
do
1st mort
do
2d niort
do
do cons.M..gld. (for $18,000,000)
do
do Mis-. A Teun. 1st mort .. ,'cAr
do
do
do Memphis Dlv. morr.. goid...
Indiana Illinois at Iowa 1st M. bonds, extended
r
2d mortgage
Indianap.Deealur <t Western I.D.A 8p.lst M ,g.s.r.
1st M.,for $1,942,000, g ($1,800,000 reservtdl.o
o
2d M., (Income non-cum. tllljan., 1893)
r
Income bds., non-cum., drawn at 100
1
.
,
(I)
rO
500
,
,
706
706
706
706
706
ii'i
131
2*24
567
567
567
100
100
120
120
153
153
153
153
1875
1874
1875
1*80
1886
1886
1878
1881
18-8
1860
1877
1877
1881
1887
1.-S9
1882
18S3
1876
1W38
188
1888
1,000
100
100
*200
200
200
1,000
1,000
200
1,000
1
.000
fiOOAe.
1,000
1,000
1,000
1,000
1,000
1,^00
1,000
500
1.000
1,000
1,000
1,000
ot
[Vol.
XUX.
any error discovered In these Tables.
INTEREST OR DIVIDENDS.
Rate per
Cent
July,
BALLKOAD STOCKS AND BONDS.
1889.]
Gordon^
Macon',
67
A
o vV M
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INVESTORS' SUPPLEMENT.
6S
[Vol. XLIX.
Subscribers will confer a groat favor by giving Immediate notice of any error dlaeovered In thette Tables.
INTEREST OR DIVIDENDS.
DESCRIPTION.
Date sl
or
Miles
Amonnt Rate
p*' r
When
of
of
per
For explanation of column headings, Ac., see notes
Outstanding
Cent.
Road. Bonds. Va"e.
Payable
on flrot page of tables.
!
72
72
117
117
1869
$1,000
18X2
l.OOO
1867 5(H) Ac.
1870
1,000
1888
1,000
501
38 s 1876 UK) Ac.
38 >s 1877 100 Ac.
1,000
54 1880
112 182
1,000
120 18S8
1,000
l.lHIO
1889
1.88(1
*52
1,000
o'
Litchfield Carroll. A W. RR., 1st ($10,000 p.m.)
c'
17 18-7
1,000
Louisville A St. Louis RR. Co
1881
1,000
Jacksonville Tampa <* Key West lst.gold.rtd.at 110 130i
1888
1,000
Co! hit. Tr. loan on Fla. So. stock and bonds . ...
"8 18(57 1,000
Jefferson (Pa .) 1st A 2d Ms.exten. (Hawley Br.).o
l.ooo
37 18 8!)
1st ru. Carbondale to 8.dopot,37m.g. gd. pr.Alntc*
159 1866
1,000
JefvilleMad.dlttd. lstM.fs.f^lS.OOO.dr'natllOic
159 1870
o
1,000
2d mortgage
44 1877
1,0<K)
1st M.. guar. by M.C...C
Joliel <* Northern Indiana
1882
3-56
1,000
Junction ( Philadelphia). 1st mort. (extended)
1865
1.000
3-56
2d mortgage
a 129 1836
1,000
Kanawha <t Ohio 1st nnrt ($'.0,000 p. m.)
1,000
168 1881
Kansas Central 1st mortgage
1888
1,000
8an. City Ark. <* fVeii! Orl. 1st M., ($4,000,000) g.o*
T6 1886 1.000
Kansas City Belt 1st ($-180,000 gu.K.C.F.S.AM).c'
174 1885
1,000
Kansas Citi/ Clinton d Spring. lsi M g., guar. C
500
45 1877
.o*
Pleasant Hill & De Soto, 1st mort.. gold
100
Kan. C.Ft.S.<tilem. Stock ($2,749,700 is 8 p.o. pref.) 752
100
752
Preferred stock 8 per oent
1,000
671 .1888
Consol. mort ( $25,000 per mile) not drawn .. .0*
160 187s) 100 Ac.
K. C. F. 8. A G. 1st M Id. gr., s. f., dr'n at llO.c
do
Morts. guar, (part dr. at 105). c
202j *80-'84 1,000
Indianapolis <t St Louis -lnt mort., In 3 aeries...
Mort for $2,000,000, gold, (end. by C. C. C. * I.)c
o
tnd iatiapolis <t Tincennes- 1st mortgage, guar
c
2d mortgage, guaranteed Penn. Co
Itnea Central 1st M. 5,000 p. m g.,,$7,650,000)c*
<t
Wat
1st
Ithaea Auburn
morttfor $500,000).
2d mortgage
0*
Jacksonville Southeastern lt mortgage
o*
General mortgage
M
0*
Chic. Peoria 4 St. L. RR., 1st
guar
o
1st consul
do
do
,
,
7
8J.OO0.1HK)
500,000
I*
1,700,000
1,402.000
5,900.000
400,000
498.000
300,000
1,115.000
1,500,000
6
<
e
e
(t)
516.000
247,000
1,566,000
2,700,000
300,000
V
3-4-4 Is
4<s A 6
2,800,000
2.53rf,000
1,995,000
800.000
7
7
425.000
300.000
1,179,000
1,348,000
4>s
(t)
1,780,000
3,192,000
58,000
9,960,000
2,750,000
11,156,000
2.247.0J0
1.085,000
6
6g.
6
8'
5g-
It
4
6
7
7
Various
July, 1889. J
RAILROAD STOCKS AND BONDS.
69
SUPPLEMENT.
INVESTORS'
ro
XLIX.
[Vol.
Subscribers will confer a great liror by giving Immediate notice of tar error discovered In these Tables.
Bond* Pnncl
INTEREST OR DIVIDENDS.
DESCRIPTION.
For explanation of column headings,
on tint page of tables.
Jinn. City Ft. Scott d Memphis
<
Idles
li.it..
Size, or
of
of
Par
Ac., see notes
Road. Routls
Cont'd).
Kan A Mo. RB
do
K. C. Ft. 8. A O. Ten-year coupon notes
-Kan City 8. AM. Plain b'ds (red'hln at 105), gu.
1882
26
o*
18s4
o*
81
Current Riv. RR.. 1st mort. $20,00 > p.m.goar.
A Memph. R'y A Bridge 1st M. g.
San. 0. Memph. d Bir. 1st M. (drawn at 110).. c*
Blr. equip guar, (redeem, at 110)
do
&
276
390,000
9320,000
500,000
1SS7
1339
1887
1888
1,000
l.ooo
1,000
1st
1,000
729,000
1.000
1.000
1,000
1,000
1,000
1,481,000
3,071,000
219,000
400,000
6,523 000
2.500.000
1H
80
49
2^0
New
o*
mortgage, gold ($7.000,000)
0'
Kentucky Union-lai mort. for $3,000,000
Keokuk it Pes lloines-lst M .lnt.guar. O.R.I.AP.O* 162
172
Keokuk it Western Common sto k
Kings Co. Elev. 1st M.,g.,ser."A." $550,000 p.m.c'
c'
2d mort. ($7,000,000), $550,000 p.
Kingston it Pembroke -1st M gold (redeem at 1051 134
Knoxrille Cumbtrland Cap d Louisville 1st M..O*
Xackawtnna d Southwestern Murt. (for$300,000). i'10
60
Xake Erie Alliance it South. istM.for$l,250,OO0 c*
60
Inc. bonds, non-cum., g. (red. after '97 at 106) .c*
lake Erie it Western Com. stock, $20,000 per mile. 589
m.)
6
c.
Preferred stock, p.
(not cum.) ($20,000 p.
o*
589
1st mortgage, gold ($10,000 per milei
1,341
Xake Shore it Michigan Southern Stock
Guaranteed 10 per oent stock.
1,341
864
Oonsoi. lstmort.
slnkrunQi $2 >0,000 y'rly { CM 864
c
A
r
864
Consol. 2d mort.,do. (for $25,000,000)
253
o
Lake Shore dividend bonds
r
95
Ash.
8d mort (Clev. Palnesvllle A
BB.)
m
,
.
59
1888
l-:.'.
1876
1887
1388
1873
isVs
1383
1832
1883
1889
1887
1837
100 Ac
2,7r.0.1>O0
4,000.000
3.377.000
1,503.000
672.000
1,500,000
1,600
1,600
1,000
1,000
1,000
1,000
(?)
346,000
1SS7
100
100
1870
1870
1873
1869
1867
1,000 )
1,0005
1,000
$1,000
1,000
Payable, and by
FA
5
6
5
M.
8*
M.
A.
M
g*
pal, When
A. Boat., Nat. Web9ter Bk. Aug. 1. 1822
.oston, 28 Sears' Bldg. Deo. 1893A'96
A S. Bus ton Nat. Union Bk. May 1, 1894
A O.
do
do
Oot 1, 1927
B iston.
July 1, 1929
A 8 Boston, Merch. Nat. Bk. Men. 1, 1927
,v
Men.
do
do
s.
1906
July 1, 1986
July 1, 1928
Oct. 1, 1923
April 2, 1888
Jan. 1, 1925
April 1, 1938
A
A
A
Y
J. N.
Chase Nat. Bank
A. N.Y.,Grand Cent.Ottlce.
A.
Var.
do
do
f
I
A.
A.
A
D.
AO.
AO.
1,
1,
1912
1923
Jan.
Jan.
1,
1,
1917
1917
Jan.
1,
1937
Aug. 15, 1889
Aug. 1, 1839
IJuly 1. 1900
Oct., '89 to '90
Q.-J.
J.
Jan.
June
1930
6g.
J.
F.
F.
1903
1927
Jan. 1, 1938
June. 1890
)
1
1,
1,
May
A J. N. Y., Western Nat. Bk
5g.
A D M. Y., Office, 23 Broad.
5 A 6
A J N. Y., Morton. B. A Co.
7
A J N. Y., Office, 23 Broad.
A J. N. Y., Mercantile Tr. Co.
6*"
A O V. Y., 13 William street
5
N. Y., John Paton A Co.
1
J. A J N. Y., Am. Ex. Nat Bk.
A.
A
I*
J. A J. N.Y..R.P. Flower A Co
6
J. A D.
5
N. Y. Agency.
do
J. A J
do
5
J. A J.
None paid.
8
5
7
5
7
7
7
Due-
Last
Dividend.
Stocks
Whom
Payable
6
11,810.000
11,840,000
5,920,000
49,466,500
533,500
15,041.000
399,000
24,692,000
$1,356,000
920,000
1,000
,
Cent.
1,680,>,00
100
100
When Where
Rate per
1,492,000
2.500,000
6,892,000
l.o o
"92
mortgage
Paeiftc
Kan. C. Wyaiufe d Y. W. M.$19.000 p.m.,g,$A o"
A Lex. mort., extend.
Central
Covington
Jlmiucky
Maysvllle A Lexington RB. mortgage
City
1.000
85*86 5.O00AC
"Kan. C.
Kama*
|
Amount
Value. Outstanding
>
See page following.
Deo.
April
Oct.
1,
1,
1,
1903
1899
1892
the present company organized, with stock of $7,000,000 ($6,851,600 also $2,800,000 stock to retire old mort, bonds, Ac. Geo. D. Chipman
New York. (V. 46, pissued); par $100. See abstract of mort. (Met. Trust Co. of Now York, Vice-President and Receiver, 48 Wall Street,
200, 228; V. 43, p. 688.)
Trustee), V. 45, p. 372. The company leased of the Louisv. A Nashv.
Its Richmond branch for 99 years from Jan. 1, 1883, for $24,000 per
Lake Erie Alliance A Southern. Owns from Bergholz, O., to
annum, with a right to purchase at any time for $400,000. The Mays- Phalanx, O., 60 miles. Formerly Cleveland Youngstown & Pittsbarg.
ville Division is leased for $23,000 per year, but the stock is all owned.
sold in foreclosure Dec., 1886, in the Interest of the bondholders and
were
From January 1 to May 31, in 1889 (5 months), gross earnings
reorganized Jan., 1887, under above Dame. It Is proposed to extend the
$373, S87, against $364,090 in 1838; net, $156,713 agst. $120,287. in road East and North to
Fairport, on Lake Erie. Stook is $2,000,000;
1888 the Income account was as follows
par, $100. The 1st mort. Is subjeot to the Hen of $150,000 bonds of the
1838.
1887.
Alliance A Lake Erie BR. on road from Phalanx to Alliance. 21 miles.
Gross earnings
$1,042,680 The balance of 1st mort. bonds is reserved for extensions, at $25,000
$1,067,468
559,056
612,116
Opeiating expenses
per milw. A. L. Griffin, President, Pittsburg, Pa.; L. M. Lswson, Treasurer, 102 Broadway, N. Y.
$183,624
$455,352
Netearnings
4.490
Other receipts
Lake Brie A Western Railroad. (See Map) Owns from Sandusky, O., to Peoria, 111., and branoh to Minster, 428 miles, and from
$188,114 Indianapolis to Michigan City, 161 miles total, 58 ) miles. This is the
Total receipts
$99,398 new company formed in 1887 after foreclosure (on Deo. 14, 1336,) of
Taxes, rentals, Ac
263,310 the Lake Erie A Western railway, which had been made ui> by a conInterest on bonds
solidation, Dec. 12, 1879, of the Lafayette Bloomington A Muaele and
Total.
$363,239 the Lake Erie A Western. la Maioh, 1837, purchased the Iudianapolis
RB
:
;
Surplus over charges.
373; V. 46, p.'200, 412, 802; V. 48,
(V. 45, p. 112, 372,
p.
A
Peru
Chic, road, 162 miles.
Abstract of mortgage (Central Trust Co. and A. L. Mason, trustees),
In V. 46, p. 45.
Range of stock prices since reorganization has been as follows:
in 1839 t> July 19,
Common in 1887, 1324>s: In 1848, 1
7
inclusive, 1620. Preferred in 1837, 39%a>61; in 1833, 40ia>55 8; in
1889 to July 19, inclusive, 5138362.
From Jan. 1 to May 31 (5 mos.i In 1889 gross earnings were $966 ,873,
against $756,412 in 1888; net, $3>8,499, against t'240,852.
$124,874
489.)
(See Map.) Eoad in progress from Lexington,
Stone Gap, 121 miles, connecting with Norfolk A W-stern,
Atlantio A Ohio. Stock authorized.
$5,000,000. of whloh the counties of Clark and Fayette and city of
Lexington hive subscribed $300,000. An issue of bonds to the amount
Kentucky Union.
^a^^;
XLy., to Big
Louisville
A Nashville and South
futtS
H.
^
C. McDowell, St. John Boyle, L T. Rosengarten, A. P. Hum- OPERATIONS AND FISCAL RESULTS.
phrejs, W. B. Belknap. John M. Atherton, George M. Davie, C. H. Sto!l Road.
,, nnles.
,,..
5S9
589
operated,
and R. P. Stoll, all of Louisville and Lexington, Ky.
|
Keokuk dc Dei OTolnes. Owns fromKeokuk, la.. to Des Moines, 'p a * se nger
$631,680
la.. 162 miles. This was a reorganization, Jan. 1, 1874, of the Des
Freight
1.266.099
-- "II
T1
a
T\I
U T_
......
Ii..l.,l,
IT 1fl7'( TVl.1 ?..a
sxnn
Miines Valley Eastern Div., sold in foreclosure October
17, 1873. The Mall, express, Ao
270,030
was leased for 45 years from Oct. 1, 1878, to the Chicago
ock Island A Pacific Eailroad, the lessee to pay 25 per oent of the gross
Sroperty
Total earnings
$2,167,789
earnings, but guarantee the interest (not the principal) on the present
Operating expenses
bonds. The stock is $1,524,600 8 p. c. pref. and $2,600,400 common Maintenance of way...
$293,015
<par both 100), a majority of which Is held by the lessee. Divs. on pref Malnt. of cars and motlnce 1876 have been: In 1380 and 188 1, 1% p. c nothing since.
tive power
209,426
Cdriey,
.
.
.
.1
.
.
.
.
Transport, expenses.
General and taxes .
$740,536
192,927
Total
$1,440,901
$726,385
Netearnings
INCOME ACCOUNT.
$726,885
Netearnings
Deduct
Interest on bonds
$29C>,000
18,824
Rental of tra ks
Total
Balaucc, surplus
York, President. (V. 47, p. 530, 367.)
$311,824
$112,061
New
Lake Shore A Michigan Southern. Line of Road-BuTN. Y.,to Chicago, 111., 540 miles; branches owned, 319 miles. Other
lines owned as follows Detroit Mon. A Toledo, 62 miles; Kalamazoo A
Keokuk A Western. Owns Alexandria, Mo., to Van Wert, la.,
Keokuk to Alexandria, 5 miles Centerville, la, to
Albia (traok.ige-C. M. A A. BB.), 24 m.; total, 172 miles; was forA Neb., part of the WaVash system sold in forethe
Mo.
Iowa
merly
closure Aug. 19, 1886, and reorganized under this title. Stock $1,000,ir
A
6
c.
note for $240,900, secured by mort., payable at
O00; p $100.
p.
will, is outstanding. Jan. 1 to May 31 (5 mos ), gross earnings in 1889,
$126 313, against $125,531; net, $1,93S, against $264. In 1838 gross
earnings were $328,517; net earnings, $60,970; construction, $65,851.
Dividend of 1 per cent was paid in 1888. F. T. Hughes, Pres't, Keokuk,
la G. H. Candee, 52 William St., N. Y., Vioe-Pres't.- (V. 45, p. 166,
804; V. 46, p 479; V. 48, p. 661.)
Kings County Elevated. Owns road in eperation through Fulton Street, Brooklyn, to olry limits, 6-11 miles in all. Stock authorized,
$500,000 p m.; Issued, $1,000,000; 2d mort. was made in 1838 to complete the road. Of the 1st mortgage bonds $200,000 are 8s, and trustee
is Mercai tile Trust Co. of New York. The Fulton Elevated BR. Co. has
been formed to extend the road to the Jamaica line and town of Woodmiles. Information as to finances, with balance sheet,
lioTi-n. about 3
Ac , was given in the Chronicle, V. 49, p. 22. Earnings forslx months
nding March 31, 1889, $330,933, net, $99,624; surplus over interest,
Ac, $33,440. President, James Jourdan. (V. 45, p. 25, 600; V. 46. p.
S3; V. 47, p. 170; V. 48, p. 855; V. 49 p. 22.)
Kingston e\c Pembroke. Owns from Kingston, Ontario, Can.,
to Benfrew on the Canadian Pacini) BE., 104 miles; branches, 9 miles;
total, 113 miles. Bonds are redeemable on notice at 105. Report for
1888 in V. 48, p. 526. Stock, $4,500,000; par $50. Gross earnings
1888, $203,303; net, $59,545; surplus above charges, $25,225. In
1887 gross, $175,135: net, $51,104; surplus over Interest, $10,784.
See full statement In V. 44, p. 402. (V. 48, p. 526 )
ll.s miles; operates
.
"
C. 8. Brice,
;
falo,
:
White Pigeon, 37mUes; Northern Central (Mich.), 61 miles; total, 160
Roads leased are as foUows: Kalamazoo AUegan A Gr. Rapids,
58 mUea Jamestown A Franklin, 51 miles; Mahoning Coal RR., Youngstown to An lover, O, and branches, 42 miles; Detroit Hills. A Southwest., 65 miles; Fort Wayne A Jackson, 98 miles; others, 8 mi es; total,
315 mUes. Total road owned, leased and operated, 1,341 miles.
e
Organization, Ac This company was a consolidation of the Lak
Shore RR. and Michigan Southern A North. Indiana RR. May 27, 1869,
line
emand the BuffaloA Erie BR. August 16, 1869. The consolidated
braces the former roads of the Cleveland A Toledo and the CleveThe roads leased at
land Palnesvllle A Ashtabula raUroads.
fixed rentals are tho Kal. Allegan A Grand Rapids, Jamestown
miles.
;
;
and Mahoning Coal. The Detroit Monroe A ToL
Pigeon, and the Northern Central o f Michigan, are
proprietary road* controlled by ownership of their stook. Tin! MuhonRR.
is
leased
at 40 per cent of gross earnings, and its preCoal
lng
ferred stook and bonds guaranteed. The New York Chicago A St. Louis
road is controlled by ownership of stock.
8TOCKS and Bonds. The guaranteed stock of $533,500 carries 10 per
cent dividends. The ordinary stook has paid the following dividends
A
Franklin
Kalamazoo
A White
since 1870, viz.: In 1871,8; in 1872,8; in 1873,4; In 1874, 314: la
1875,2; ln!876, 314; In 1877, 2; in 1878. 4; in 1879, 6>s; In 1880.
In '37 and
'81, '82 and '89, 8 p. ct each year; In '34, 7; In '85 and '86, nil;
'83 4 p. c; in 1889, 5.
in
18
39.
3
cent
coinmoi
stock
Feb.,
Coal
paid per
Mahoning
The range in prices of stock since 1870 has been: In 1871, 85 1sall6 14;
1872, SSisagS^; 1873, 571**97%; 1871, 67'8 a818; 1875, 51H
30ia; 1876, 48%a685g; 1877, 458733s: 1878. 557gi71Ss: 1879, 67
in 1333,
108; 1880, 9591395s; 1831,112583135%; 1832,934120%:
7
78;
s; in 18-16, 76"
1884, 59i3>101%; in 1S85,
7
1
to
in
19.
in
85
July
1889,
e;
1888,
8100%; In 1887, 89*93%;
Kim \ii lie Cumberland Gap A: Loulnville. Under construction northerly from KnoxvlUe, Tenn., with tunnel at Cumberland Gap,
to a connection with the I. -ills. A Nash., a distanoe of 65 miles; nearly
50%89
^
completed. It win form with the Marietta A North Georgia (with whloh 92V114
4104
It will eventually consolidate) a direct line to Atlantj, Ga. The mort99%107V
for
the
issue
of
and
inolusive,
for
above
is
on
provides
mileage
$1,500,000
gage
The first consolidated mortgage bonds are redeemed each year Dy
*i00,C00 additional at $15,000 per mile for extensions. The bonds
bonds of all
were offered in London in October, 1888. The oity of Know Hie sub- $250,000 contributed to the sinking fund. The above
classes outstanding are given less the amounts held in the sinking
cnbed to $225,000 stock. (V. 48, p. 420.)
to $4,500,000 Dec. 31, 1888.
whloh
amounted
funds,
Lackawanna A Southwestern. Road operated from LackaOperations, Fin vnces. Ac The annual reports of this company are
wanna Junction, New York, to Perklnsville, 41 miles; 8wain's to
Nuuda. 11 m.; Olean to Angelica, narrow gauge, 38 m. total, 90 miles. models of olearness in aU the statistical matter. The roa I is greatly
...
......
from competitive points, and Its
...... ..v,.v.
or trafflo
on through
vu
vuiu UAU traffic,
sold
nwiu
In
111
fore
iuitj
road
roau
was
In April, 1889,
ill
A
me
l^M-KUwanna
dependent
wjitouhu,.
Pittsburg
-ruiBuurg
AOttll, the Lackawanna
closure and reorganized as Lackawanna ASou'hwestern. Company business is Injured by any cutting of rates
and 124,300 shares of comstock
shares
In
140,500
Trust
1882,
preferred
^authorized
It mo:t. bjnds
Co., trustee)
$800,000
(Mercantile
;
j
Jolt.
18S9.J
KA1LKOAD STOCKS AND BONDS
71
7'i
INVESTORS'
SUPPLEMENT.
[Vol.
XL1X.
July,
KADLHOAD STOCKS AND BONDS.
1889.]
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Table*.
DESCRIPTION.
Miles
For uiiHanatiou ot column headings, Ac, see notes
on first page of tables.
Lake Shore
<* Mich. Southern
( Oont.)
Buffalo & Erie, mortgage bonds
Det. Monroe * Tol., 1st mort., guar
Kalamazoo A White Pigeon, 1st mortgage
Kal. Allegan A Gr. Rapids, stock, 6 p. 0. guar
1st mortgage, renewed in 1888
Jamestown A Franklin, 1st mortgage
Jamestown A Franklin, 2d mortgage
Mahoning Coal stock
c
c
o
c
o
c
Preferred stock, guar. 5 per cent
c
1st m.. Youngs, to And. A branches, guar
Lehigh & Hudson River 1st m.,g.,int.red'cedto5%
2d mortgage consol. (for $500,000)
Warwick Valley.lst A 2d ms.<$210,000 2ds, 1911)
c
Lehigh <t Lacle. 1st mortgage
Lehigh Ycutcy Stock ($100,300 is pref.)
1st mortgage, coupon and registered
2d mortgage
r
Consol. m., sterling,
g., s.f.
2%y'rly, d'rnat par.cfcr
do
clr
coupon and registered
do
annuity
Eastou A Amhoy. 1st m.,guar.F.astontoP.Amboy
Delano Land Company bonds, endorsed
Little Miamir-Stk, com., gu. 8 %, 99 y rs, Pitt.C. A9t. L.
A2dMs. (jtiy.withOin.A Ind.RR.).c
c
Renewal mortgage
<t
Rock
o
Little
JfempAw First mortgage, gold
Streetcon.lst
LMU Schuylkill
Slock
Long Island Stock
1st M. Jamaica and Hunters' Point extension.. o*
o*
1st M., main
2d mortgage
c*
Uonsol.M.
g. ($1 ,563 ,000
reserv'd for prior bda.)o
7311
74
INVESTORS'
SUPPLEMENT.
[Vol.
XLlX
July,
EAILROAD STOCKS AND BONDS.
1889. J
75-
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Date
Miles
Size, or
Amount
of
of
Par
ror explanation of column headings, Ac, see notes
Road Bonds Value.
on first page of tables.
Long Island - (Oontin'ied) 180
o'
General mortgage for $3,000 000, gold
9
New York A Rookaway, guar. Int. only
19
Smithtown A Fort Jefferson mortg., guar
4
Newtown A Flushing, guar, principal and int "
78
Brooklyn A Montauk 1st M., guar, by L. I. RK-.c
78
c*
Second mortgage (for $600,000), g>ld
c"
10%
Long Inland Oily <* Flushing 1st mortgage
19
'hxiboI. niort., gold, endorsed by Long Isl. RR.c"
112
Louisiana Western 1st mortgage, gold
i
<*
M.
E.
R.
71
L.
1st
&
E.
Bvansv.
St.
Consol.
Lout
182
L.E.A8t.L..lsiM.,g.,for $2,000,000 (2d on 72 M.)c*
23
Hnnt. iell City * C. RR., 1st M., gold, guar....o*
o*
368
Oonsol. mort., gold ($8.000,000)
c"
19
Illinois * St. Liuis 1st mortgage
e"
6
Venice A Carondelet mort., guar
Louisville <t NashvilU Stock
2,119
l'O
Lebanon br. juno.,to Livingston, Louisv. loan..c'
171
Lebanon-Knoxv.,M. 1st on 62in.($l,500,000i c'
4b
Ceclllan Br.,lstni,Cecil.toLoui8.,8 f.dr'nat 100 c"
30?
Consol. 1st M. (prior liens are only $333, 000)... c"
Memphis A Ohio, 1st m.. Paris to Mem., guar. ..c" idO
83
Mem.Clarks.A L.. lstm.A. ithrie to Paris.Temi.e"
135
1st tf.E.H.A N., Henderson to Nash.,dr'uatll0.c"
General M.. gold, drawn at 110 ($20.00 <000)..c*
SOI
Collat. Trust, id St., g., (dr'n at 110) convert. ..c- 1,079
o785
10-40 Adjustment M., g., (red'ble aft. '94)
141
lst M. on N. O. A Mobile Div., N. O. to Mobile. c*
141
2d M., N. O. & Mob. Div., New Orl. to Mobile. .0*
Bonds sec'd by pledge of 2d M.8.AN.Ala.RR...o* 189
i
208
1st M., 8outheast.A 8t.L.Div.,g.e }E.8t.L.toEv's2d M.,8outheast. A8t.L.Div.,?.e - ) ville A br... 208
.
1888
1871
1871
1871
1881
1888
1881
1887
1881
1881
1886
1887
1889
1875
$1,000
1880-2
1,000
.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1863
1881
^877
1868
.200
x8/2
1879
1880
1882
1884
1880
1880
1880
1881
1881
1,000
1,000
1,000
1,000
1.000
1,000
1.000
1,000
1,000
.8200
Rock A Memphis.
Little
Owns from Little Rook, Ark., to
Miss. River, opposite Memphis, 135 miles. The Memphis A Little Rock
road was pold in foreclosure in 1872, again in 1877, and again In 1887,
The present company was organized Sept. 1, 1887 and all the old
bonds have been retired with the above new mortgage bonds, making
the annual interest charge $162,500. Under the title Memp.
L. Rook,
in issues of the Supplement prior to Nov., 1887, an aocount of the road
riven.
Stork $3,250,000 par $100. Gross earnings in 1888,
is
$676,179; net. $197,66.;; interest on bonds, $162,000; turplus, $35,662.
Rudolph Fink, President, Memphis, Tenn. (V. 45, p. 401.)
A
:
Little Schuylkill. Owns from Port Clinton to Tamanend, 28
miles branches, 2 miles total operated, 31 miles. The East Mahanoy RR., was leased Jan. 12, 1863, lor 99 years, and sub-leased to Phila
A Reading July 7, 1868. The Little Scbuykili Railroad is leased to the
Philadelphia A Reading liailroad for 93 years from July 7, 1868.
Rental in 1887, $185,227. Extra dividend of l^ per cent was paid
July 7, 1888.
;
Island.
Dividend.
A D N. Y Corbin B'kg Co.
&O
do
do
A 8.
do
do
& N.
do
do
46
A 8 N. Y., Corbin BanK'gCo.
J. & D. N. Y., Central Trust Co,
M. A N N. Y., Corbin Bank'g Co.
|* M.
do
do
i* J. AA N.
J. N.Y., So. Pao.Co.,23 Brd
/. A J. N. Y. Mercantile Tr. Co.
S
* A. A O. Boston, Cont. Nat. Bank,
do
do
g A. A O.
s J. A J. N.
Security A Tr. Co.
I
J. A D.
7*
J.
7
7
M.
M.
M.
A.
-
If.
6
Various
3 stook
A.AO.
M. A 8.
M. A S.
7
7
A. A O.
7
J. A D.
P. A A.
H g J. A
D.
g
S
6 g. J. A D.
eg. Q. Mar
M. A N.
J. A J.
J. A J.
6
A. A O.
M. A S.
3 g. M. A S.
6
6
-
9,57,000
5,000,000
5,000,000
1,000,000
1.960,000
3,500,000
3,000,000
P
N.Y., 50
E x change PI.
1938
1901
1901
May 1. 1891
March 1, 1911
June 1, 1938
May 1, 1911
May 1, 1937
July 1, 1921
Jane,
April
1,
1,
Sept. 1,
July
Oct
1,
1,
Oot. 1,
July
June
1,
1,
1921
1926
1927
1939
1895
1900-'02
Aug. 19, 1889
Oot. 15, 1893
March 1, 1931
Mar. 1, 1907
April 1, 1898
June 1, 1901
Aug. 1, 1902
Deo. 1, 1919
June 1, 1930
Mar. 1, 1922
Nov. 1, 1924
Jan. 1, 1930
Jan. 1, 1930
do
do
do
do
do
do
do
do
London, Baring Bros.
do
N.Y., 50 Exchange pi.
do
do
do
do
do
do
do
do
do
do
do
do
April 1, 1910
do
do
Maroh 1, 1921
do
do
March 1, 198
leans and Houston. From Jan. 1 to May 31 in 1889 (5 months), gross
earnings were $411,257, against $373,308 in 1888; net, $107,590,agamist
$173,6'i9. In 1888 gross earnings were $966,494 ; net, $476,908. In
1887, gross, $843,794 net, $414,836. Stook is $3,360,000; par, $100.
;
Louisville EvaiiHvillc
A
St. Lonls Consolidated. (See Map
of Evansville <t Terre Haute It K.) Line of road. New Albany, Ind., to
opposite the olty of St. Louis, with branches. 386 miles (of which Mt.
Vernon, HI., to Belleville, 65 miles, is in progress). Thi< Co. is a consolidation made in 1889 of the Louisville Evansville A St. Louis, 253
miles the 111. A St. Louis RR. A Coal Co., 20 miles
Belleville Centralia A Eastern, 65 miles the Venice A Carondelet, 21 miles, and the
Huntlngburg Tell City A Cannelton, 24 miles. Bonds isutei under
the consolidated mortgage (N.Y. Security A Trust Co.. trustee.) will be
used as follows: as per articles of consolidation, $2,000,000 for old
L. E. A St. L. firsts, $2,250,000 for old seconds and $900,000 for Evansville division; $1,925,000 fnr the securities of the Hunttngburg Tell
City A C, the III. A St. Louis and Venice A C. and the remainder
$925,000 for building and equipping the Belleville Centrslia A Easterr,.
Common stock, $3,790,747 preferred, $1,300,000, 5 per oent, non;
;
;
;
ou nulative.
-(V. 46, p. 609, 827; V. 48,
Owns from Long
Island City, N. Y., to Greenport, NT Y., 94 miles* branches, 86 miles; total owned, 180 miles.
Leases Smithtown A Pt. Jefferson RR 19 miles; Stewart RR. to Bethpage, 14; 8tewart RR. to Hempstead, 2; N. Y. A Roekaway RR..
4 (S unon.); Brooklyn A Jamaica RR., 10; Newtown A Flushing RR.,
4 ; Brooklyn A Montauk, 67 ; N. Y. Brook. A Man. Beach R'way and
branches, 20; Hunter's Point A Scuth Side RR., 2; Far Rockawav
branch, 7; L. r. Citv A Flushing RR.. 14; Whltcstone Br.. 5: Woodside
total leased, 177'4 miles. Total owned and leased, 357 miles.
Br., 4
The Long Island Railroad went into the hands of a receiver October,
1877, but In 1881 the company resumed possession.
The control of the company was sold to the " Long Island Company,"
controlled by Mr. Austin Corbin and others, in Deo.. 1880. In July.
1881. the stock was Increased from $3,260,700 to $10,000,000, and
It was raised to $12,000,000 in order to retire $2,000,000 Brooklyn A
Montauk stock, which company was absorbed by the Long Island
Railroad in March, 1889, by an exchange of stock.
The general mortgage Issued In 1888 provided for new equipment
and extensions: trustees, Central Trust Co.
Dividends have been as follows since 1881 In 1882, 1; from 1883 to
date at the rate of 4 per cent per annum. Range of stook prices s.nce,
1882 has been a* follows: In 1883, 58386%; in 1884, 62*78 14; in
1885, 62S80V in 1886. 80 a 100; In 1887, 85399%; in 1888, 87"^
5
Whom.
Payable
-
200,000
300,000
32,148.300
333.000
Pledged.
875,000
7,070,000
3,500,000
2,015,660
2,320,000
11.900,000
1,000
1,000
1,000
1,000
18V.1.
Cent.
1.1)
500
$740,659; net loss to lessee $298,405. Earnings in 1888. $1,841,442!
net. $1 19,608; Income from investments, $189,302; net loss to lessee'
$421,355.
Long
$1,500,000
250.000
600.000
150,000
1,000,000
550,000
600,000
650,000
2,340,000
900.000
2,000,000
300,000
500
500
500
100
. .
;
Outstanding
Bonds PrlnolINTEREST OR DIVIDENDS.
pal.When Due.
When Where Payable, and by Stocks Last
Rate per
Louisville
A
p.
189, 221, 580, 688, 730; V. 49, p. 82.)
Nashville.
(See Map.)
Line op Road.- -Main
Newport, opposite Cincinnati, O., to New Orleans, La., 921 miles;
Louis to Edgefield, Ky. (near Nashville), 308; Memphis to Memphis
June, 259 (to Cincinnati, 487); branohes, 631; total mileage on whioh
earnings were based June 30, 1888. 2,119 miles.
The mileage in detail was as follows: Lines owned absolutely and
through stook Louisville, Ky.. to Nashville. 185 miles: BardstownBr.
and extension. 37; Lebanon-Knoxville Br. Junetion. via Livingston to
Jellico, Ky.. 171: Memphis Juqo. to Guthrie, 46; Mem. Clarks. A L.,
Guthrie, Ky., to Paris, Tenn., 83: Memphis A Ohio RR., Paris to Memphis, Tenn., 130; Ev. Hend. A Nash. Div., Henderson to Nashville, 135,
and branch, 16 (785 of the foregoin? 803 ml'es are eovered by the
10-40 adjustment mort.): Cumberland Valley Br.. 30; Princeton Br., 53,
Mobile A Mont. RR.. Mobile to Montgomery, 179: N. O. Mobile A Texas
RR., New Orleans to Mobile, 141; Southeast A St. Louis RR., East St.
Louis, nt., to Evansville, Ind., 161. and branches, 47; Louisv. Cin. A
Lexington RR., Louisville to Newport. Ky., 109, and branoh to Lexington, 67; Pensaoola A Selma Div., Selma, Ala., to Pensaoola June, Ala.,
65; Pensacola Div.. Pensaoola, Fla.. to Pensaoola June, Fla., 44; Birmingham Mineral RR., Birmingham, Ala., to Blockton and branohes
73; other lines. 16; total owned, 1,788 miles. Leases -Nashville A
Decatur RR., Nashville to Decatur. 119; other lines, 24; total, 142
miles. Operates for account of So. A No. Ala. RR., Deoatur to Mont95; in 1889 to July 19, incl., 90%396lji.
From Oct. 1 to Men. 31 in 1889, (6 months) gross "arnings were ornery, 182, and branoh, 6. Total on whioh earnings were based,
$1,306,422, against $1,212,567 in 1887-8; net, $335,302, against $316,- f,119 miles
Operates under lease for account of various companies Cumberland
803; surplus over fixed charges, $45,087, against $55,406.
A Ohio KR., Lebanon to Greensburg, Ky. (31).
and Shelbyville to
Fiscal year ends Sept. 3u ; the 18o7-8 report was in V. 47, p. 775.
Bloomtteld, Ky. (27), 46; Mammoth Cave RR., 10; other lines, 21 miles.
EARNINGS AND EXPENSES.
Also owns the Richmond Branoh (leased to Kentucky Central), 34
miles, and the Ceoilian Branoh (leased to Ches. O. A So. W.), 46 miles,
1386-87.
188--88.
1884-85.
1885-86.
and controls, by ownership of a majority of the stock, the Nashville
$
$
9
$
Chattanooga A St. Louis RR., 650 miles; the Owensboro A Nashville, 89
Gross earnings
2.826,478 2,994,772 3.197,808 3.403.296 miles; the Pensacola A Atlantic, 1 60 miles ; the Nashville
Florence A
1,856,351 1,872,325 1,899,206 2.222,630 Sheffield RR., 91 miles; and Henderson Bridge and
Expenses and taxes.
connecting
track, 10 miles total, 1,000 miles
also, as joint lessees with
Net earnings
970,127 1,122,447 1,298,602 1,180,666 the Central of Georgia, Is interested in the Georgia Railroad
and its auxiliaries, 729 miles. Grand total of roads owned, leased and
INCOME ACCOUNT.
controlled by ownership of stook, June 30, 1888. was 4.015 miles. In
1887 arrangements were made forextension of a line which will oonnefo t
1887-88. with the
1885-86.
1886-87.
1884-85.
Clinch Valley Division of Norfolk A Western.
8
line
8t.
:
:
;
Deduct
Interest, less int. reoelved..
Rentals
Dividends
Miscellaneous.
$
$
176,358
297.560
400,000
31,564
233,179
304.063
400,000
$
203,195
412,372
400,000
48,198
151,758
385,093
400.000
63,067
999.918
Total disbursements... 905,482
937.242 1,063,765
185,205
180,748
64,645
234,837
Surplus
There are also real estate mortgage, $234,000. 5s and 7s time loans,
cent.
V.
46, p. 171,
$200,000. at 6 per
(V. 45, p. 142, 212,792,855;
610; V. 47, p. 21, 109, 161, 383,775; V. 48, p. 100, 190. 221, 250, 420,
:
Organization, Leases, Ac The Louisville A Nashville wasohartered
2, 1850, and opened between Louisville and Nashville November,
The liabilities for interest on the auxiliary roads are treated
mostly a* belonging directly to the Louisville A Nashv. Co. The South,
east. A St. Louis RR. is leased for 49
years to the Louisville * Nashville, which owns and has pledged under the collateral trust deed of
1882 $980,0"0 out of the road's <9.)9,300 stook. The fiscal year of L.
A N. ends June 30. Annual eleotion is held early in Ootober.
March
1859.
Stock and Bonds. At the close of the fiscal year (June 30) 1880 the
was $9,059,361, and lu Nov., 1880, the stook dividend of
capital stock
799.)
100 per oent was made, raising the amount then to $18,133,513.
Long Island City A Flushing. Road from Long Island City to All the dividends paid since 1870 were as follows: In 1871, 7 per
(ireat Neck, 14 miles; branches, 8 mile*; total, 23 ra. This is a reor- cent; in 1872, 7 percent; in 1873, 7 per cent; in 1877, mper oent;
ganization of the Flushing A North Side road, foreclosed December 11, in 1878, 3 per oent; in 1879, 4: in 1880, 8, and 100 per oent in stock
in 1881, 6; in 1882, 3; in 1888,5 per oent in stook; in 1889 5 in
1880. The stock Is $500,000; par$100. The consol. bonds bear the print
ed endorsement, of L. I. KK.; $600.00') of then an; reserved to retire 1st stock.
mort. bonds. The company is liable for $25,000 of New York A Flushing
Prices of the stook from 1872 to date have been: In 1873
s. due 1920,
Leased to Long island KK. ror 50 years, the lessee 50379; lu 1874, 53959; in 1875, 36ia>*40: in 1876. none; in 1877
taking 60 p.c. or gross cam's and $17,500 for fixed charges. In 18s7-8, 26341; In 1878, 35339; In 1879, 35 88919; in 1880, 77 174; in 1881,
rental $110,008; surplus over charges, $17,273. (V. 46, p. 228.)
7931101a; inl882,46HialOO%:inl883,40Ba58J; in 1884. 22>a 351%
;
1885, 22351%: in 1886, 33s69; in 1887. r,i^a>70H; in 1888,
5059 i64'4 in 1888 to July 19, Inoluslve, 56>4372M.
The general mortgage of 1880 on 802 miles (Central Trust Co., trustee)
is for $20,000,000, or whioh the ba ance unissued is reserved to pay
off all prior liens on 392 miles, the other 410 miles being subject to
In
Louisiana Western. {See Hap of So. Pac) -Owns from Lafayette.
La., to Orange, Texas, 112 miles, leases extension in Texas, 7 m.; total,
119 miles. Leased and operated by the Booth, Pac Co. for 9 > years
from March
1,
1885, being part of the through
line,
between
New
Or-
;
SUPPLEMENT.
INVESTORS'
76
MAP OF THE
LOUISVILLE & NASHVILLE
RAILROAD
.^.v
AND CONNECTIONS.
MADISOI
Wise
XUX.
.CM
J*
Big'""' cl 'Jy-y^.Bnlnw
''''
,
[Vol.
[
r
P "llacln
o\H
\ Jjanefl
Hanover
Xilftilo
\y
Sew Madrid
Poplar
7
Bluff/
>"T
JtT"^S.
**>A ,
*/5>*o
7
ttil_
f\2p,^r
.. k
l?
Duk-hlaml
//
S*^ J
Cart-yvllleTr
/
YDalton
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11
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<(-e
w
\
"
ffil. .
..\vo
T
.#
1
"
',
H^
,
JULY,
RAILROAD STOCKS AND BONDS.
1889.|
M
C.
Sycamore g
igin
&r *
"
p^
>4S^5)Ml^^M
"
"*-
"^T
Nl
77
r
'
^V^tX 1
d^y Cassupolia
Cortland
_C.
Q
*
B.
If
/Skabbona
Aurora
.ichicatTcitY ]^ouTH^..^ij:, mrt
Joliet
BALT.
Haskells
%
Senet
^e(7d//
^Tlu
f
'Wy*y
/
XankakiO
K nox
<\Z\&Crosse
fa?
^^
^5*
~T~~
r~^/f-^
'
A
'Sy5*i
erre
iMedarjville
-^sPJymouth
it y.\
^-JXj-Warsaw
*
1
-FAIR OAKW^i.*
St/AnneH
/NK^V
^tor
"hSM^
/Clienoa
Strawn
/^ortfi
<<V
Cha mer9
l
l\
*V
:\
\
*A
-
|0
V/^'
%/Vv.V
*2!2<r> *^ttl.J<//%*
I
Alvin
l
.IBrookstonn^
I
j\
DM-ancesvi
Kokomb/cv
IsP
Atti
I
*5^^
55>
/
(
Danville yfc.
BLOOM.
J>
^'rbana
Tipton
*.
crVvwford
VI LL
"oJ
Sidney
Dodson
I'
Decatur
&
inos.
Xnights Tj
D-,
|
j/^-^CJi-uoiuerB
,Ae [\
Vid>
~"
Z~/\Canibridge
Danv ille__s^l^-
j
/TiambridgeflZ
GREEN-.
.
\castleJ
/Sulliran
Clayton
Paris
Prank in *)\
piarsliallX
TNeoga
a (6*
Morgan
O^sj.Gi'eensburgr
T.
1
>
Casey
jyxttet
,.o**0
^e
JonesT.
\ e rnon
Edblnson/
v*
leymou
^H-,
Olney
[Scottsburgh
IVfhUe IB.
tN
t..i/
F5
/l-nii.
.
fjaspe""
*>-"
X
^^^riCi"\-jX^i^effers6n V.
1 aiHiekF
1^
-%^
l\.
%
SCentrevllle
V*"
<o^
''/,/
3TcLeansboro\
,\
.o*
HendcVnon
9Cloyerport
Xebaiion Jc\
^o \
/Stone fort
^^
^%i
**'
HarrodsburK
jJ^
^
^
^oiv
V&&
%
/^cimon
BURGI
1
*
L.
Danville
N.
/O
Jc.1
,
-
^ticlimonc
^\j
c,
,
'ptons
dr
iIUlwood
i
^'fcAo^/j'
y.Bardstpwn
, ElizaiK;tnviludaloHf towa
\V
Shawnee T^
De Koven
(Lexington
ard sto wnT"^*-
^E^nsvillo
/
kS^V
/
Munfords V.
31arion.
Owensboro\
^Mammoth Cavn
Providence
'rtdonia
INortouville
tGlasgow
Jc
lOakland^-^p*
Bowling Qreen*Jjk*^*
Mcmpliia Jc
y4
Glasgow
Greenwood!
Russell v me
iplumhua
tf
;ton
VaUyfield
y^v
MAP OP THE
LOUISVILLE,
NEW ALBANY & CHICAGO
TOarltsville
Tcnupfthee Kiv
I'arlsr
NM
Gallatin J
^^Cuniberland
rfcKenzie
f Jiihnnon V.
i
"A
"i
Cumberland)
\
Guthrii^ly^AdnirA'.
Jun*rfWW
j u in- nun y r~
"^
nashvillfV^
~
RAILWAY
AND
ITS
CONNECTIONS.
g^,
|
y
INVESTORS' SUPPLEMENT.
78
Subscribers will coufea a great fkvor by striae Is
DESCRIPTION.
Ml,.-.
For explanation of i-ohmm headings, Ac, see notes
on first page of tables.
Louin. * Nashv.
(Continued)
Penaaoola I)lv., 1st mort., gold (drawn at 105). .0*
0'
Mobile A Montg. Dlv., let M., ($2,677,000)
Pensacola A Selma Dlv., 1st M.. g.. ($1 248.0001cPensa. A Atl., M.,g.. guar., $1,000,000 pledged. 0*
,
l..('..tlrt
,lstM.,s.f.(notdr'n),Loul.toNewport.c*
c*
do
2d M.. s. f., not drawn
1.. A N. 111. on L.C. & L., gold,$3,208,000 plagd.o*
1st mort., gold, on branohes, $15,000 per mile, .c"
1st mortgage, oollat. trust ($7,000,000), gold..c*
Car trust liens
Henderson Bridge Co., 1st M., g., s f., dr'n at 105.
Louisville Neur Albanv rf Chicago Stock
1st M., Lou. Dlv
New Albany to MleU. City .0*
1st M., gold, Clilc. A Tnd'polis Dlv., Chic to Ind.o*
Consolidated mortgage gold (for $10,000,000).. c*
Louin. If. O. it Tea. 1st M., g., for $16.900,000... c*
2d mort. Income bonds, cnm. (payable at 105) .0
Income bonds (not cumulative)
0*
Louisville St.L.dTex.-Ut M.,g.($2,800,OO0)
..'
Louisville South. -1st m. ($2,500,000)
Lvkens Vol. St'k, lOp. ct. rental,999 yrs. Nor. Cent.
Maine Cenn-aJ Stock
1st
..consul. Classes A. B, C A D($2H9,000. 5s).c*
Collateral trust bonds for Mt. Desert Branoh
e
Sinking fund 10-20 gold bonds
M
Bonds Androscoggin A Kennebec
Extension bonds, 1870, gold
Loan for $1,100,000
KU
Data
size.ur
of
Par
45
1880
1881
1881
179
104
185
175
175
175
103
1881
1867
1877
1881
1887
888
882
1881
1
1
c
56
36
30
$1,000
1,000
1880
1881
18X11
1880
1886
1
88-1
1887
1887
1872
1883
1885
1(H) Arc.
1.IMMI
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500 Ac.
20
100
100 Ac.
1,000
1870
1868
100 Ac.
500 Ac.
100 Ac.
1869
1871
1866
100 Ac.
100 Ac.
1860-1
oOOAo.
about $8,750,000 bonds whloh are not so provided for. The bonds are
subject to a drawing sinkimr fund of l'io per cent of all bonds Issued,
plus tre Interest that would have aocruea on all the bonds so drawn
about $162,000 in 1887-8. For last drawing see Chroniclb. V. 48, p.
326.
The Louisville A Nashville Lebanon- Knox vilie bonds of 1881
(pledged under collateral trust 3d mort. of 1882) cover 110 in.,
subject to prior liens, and 62 miles from Livingston to State line as a
first Hen. The Pen. A Atlantic bonds are guaranteed by Jj. A N.
The P. A A. has Issued to the L. A N. $1,000,000 land grant bonds
pledged for advances to the P. A A.
The third mortgage trust deed of 1382 is made to E. H. Oreen and
John A. Stewart as trustees, and has a sinking fund of 1 per cwnt
annually, the bonds being purchased ordrawn ana paid off at 110. These
bonds are also redeemable at any time at 1 10, and are convertible into
etook. The bonds are scoured by a 3d mortgage on the road (including the L. C. A L. RR., 175 miles, and the New Orleans A Mobile Div..
141 miles), and by pledge of a large amount of stock* and bonds (see
V. 45. p. 475), the par value of bonds being $9,633.ooo and stocks
$18,529,700 ; total, $28,162,700. The bonds so pledged are mentioned
Id the table above.
The 10-10 adjustment mort. of 1884 (trustee, Central Trust Co.)
covers 783 miles of main line and branohes, subject to the prior liens,
and is a second lien on the trust securities pledged under the trust
deed of 1882. See V. 39, p. 409.
The mortgage bonds of 1887 on branohes are issued at $15,000 per
mile. U. 8. Trust Co. is trustee of the mortgage, and the lien onvers the
Cumberland Val. Br., the Ind. Ala. A Tex. RR. and others. (V. 44, p.751.)
The 1st mortgage trust bonds of 1888 (trustee. Farmers' Loan A
Trust Co.), are secured by bonds on the Birmingham Mineral RR. at
$25,000 per mile, and on the Owensboro A Nashville RR. at $20,000 per
mile.
(V. 46, p. 511.)
The Pensacola Division bonds are subject to a drawing sinking fund
of $5,<"00 till 1900, incl., then $10,000, and so increasing.
The Henderson Bridge Co. bonds are not a liability of the L. A N. The
bridge Is owned by a separate company, with a stock of $1,000,000
(par $100), of which the L. A N. Co. holds $501,000; the Bridge Co.
guaranteed gross receipts of $200,000 per year by the several roads
nsing It, and dividend of 2 H per cent is paid each Feu. and Aug.
Operations, Finances, Ac The Louisville A Nashville system has
been developed in lta present extensive form since 1879 the 1 00 per
cent stock dividend was declared in 1880 and a few dividends afterwards in cash, but from '82 to '88 nothing was paid. Under a plan
adopted In 1888 (V. 46, p. 45, 255) 2 p. c. in stock was paid in Feb.,
1888, to represent surplus earns., and this policy was voted to be pursued
till July, 1890, but not to exceed an issue of $5,000,000 stock in all.
The results from operations for the fiscal year 1888-89 (June estimated) were as follows
Is
;
Rate per
Cent.
When Where
Payable, and by
Whom.
Payable
N. Y., 50
885.000
1,000
1.000
1.000
M.
M.
do
do
do
do
do
do
do
do
N.
.
A
8.
A A.
A J.
A. AO.
7
M. A N.
M. A N.
5 g- M. A N.
A. A O.
6
6g. M. A S.
F.
I
J.
892.000
50.000
1 ,539.000
4.287.0O0
312,400
1,935,000
5,000,000
3,000,000
2.300,000
4,700,000
11,140,000
8,117,000
10,000,000
2,420,000
2,500,000
600,000
3,603,500
4.176,400
687,000
800,000
1,100.000
496,500
756.800
450.000
1,000.000
633.000
425.000
XL1X.
any error discovered la these Tables.
BondsINTEREST OR DIVIDENDS.
Pledged.
Pledged.
2,000,000
2,850,000
100
621
288
158
520
513
513
513
121
83
21
626
304
41
55
18
109
Amount
Bunds Value. Outstanding
P.. .:.,!
o
e
c
Improvement, "A"A"B"
European A North American (Bangor loan)
Leeds A Farm. RR.M
Androscoggin Railroad. Bath City loan
of
ledlale notice of
IVol.
J. A" J.
6g. F. A A.
A. A O.
g
? g. M. A 8.
4
"e"
Dividend.
Exchange
PI.
do
do
do
do
do
do
do
do
Mar.
Nov.
Mar.
Aug.
1,
1920
1931
1,
1931
1,
1921
1897
1907
1931
1937
1931
1888
1931
1.
Jan.
1,
Oot. 1,
Nov.
1,
1,
1,
April 1,
Sept. 1,
May
Nov.
Phila., Fidelity Tr. On.
N. Y., 50 Exchange pi.
N. Y., Nat.Bk.Cominerce July 1, 1910
do
do
-
5
Prlnol-
pal, When Due.
Stocks ],ast
do
do
N. Y., R. T. Wilson
Aug.
A Co.
1,
1,
Sept. 1,
1911
191
July
1891
Apr.
1936
A S.
do
do
Sept 1, 1936
do
do
A S.
Sept. 1, 1931
A A. N.Y., Central Tr. Co. Feb. 1, 1917
M. A S. N. Y.,Hn. Nat. Bank. Mar 1. 1917
g2 Hi
N.Y., office, 13 William. April 1, 1889
F. A A.
3
Portland. Me., office.
Feb. 15, 1889
A7 A. A O. Bost..2dNat.Bk..APoit. April 1, 1912
J. A D.
do
5
do
June 1, 1923
F. A A
do
do
Feb. 1, 1905
do
do
M'nthlv
Aug'90-8ep'91
do
do
Oct. 1. 1900
J* J.A. AA O.
do
do
J.
July 1. 1898
4
J. A J. Boat., 2dNat.Bk.A Port. July '16 A '17
6
J. A J. Bost., Merch'ts'Nat.Bk. Jan. 1, 1894
6
J. A J. Boat. 2d Nat. Bk. A Port. Julyl. 1896
5
M.
6
g
2
6
M.
F.
-
6
do
do
Q.--J-
1884-85.
1885-86.
$379,845
$370,814
15,000
4,085,706
117,095
44,815
1886-87.
1.
1887-88.
Disbursements
Taxes
Rentals.
Interest on debt
58,333
4,026.543
116,242
49,299
Dividends on M. A M.
Georgia RR. deficit..
Pens. A Atl. RR. del.
Miscellaneous
Btock div'nd (5 p. c.)
$35.317
$375,557
15,000
4,118,207
118,895
55,470
15,000
4,249,473
130,3311
8,458
238,1113
8,440
10,297
7,542
1,518,000
Total disbursements. $4,637,806 $4,643,727
Balance, surplus*
$1,314,877
$527,803
$4,681,338
$1,832,052
$6,530,765
$90,789
* In 1884-85
$42,012 Included in expenditure" was to be refunded,
increasing the surplus by that amount; in 1885-86, $164,692 was to he
refunded; in 1886^87, $100,591 was to be deduoted lrom the surplus,
and In 1887-88 $218,869 to be refunded.
-<V. 46, p. 45. 75, 255, 353, 481, 511, 678, 739. 771, 302: V. 47, i>.
109, 161, 201, 409. 410, 411, 426, 472; V. 48, p. 68, 129, 326,320.556.
589; V. 49, p. 52, 82.)
Louisville
New
A
Albany
Chicago {See Map) Operates front
Ind. (opposite Louisville, Ky.), to Michigan City ,Tnd.. -J9
to Hammond, Ind., 160 miles; Bedlord. Ind.,
to Swltz City, 43 miles; Orleans. Ind.. to French luck Spr., 18
miles; total owned, 510 miles; leases Hammond to Chicago j20 miles;
Howland's Junction to Indianapolis, 4 miles ; New Albany tc ^ouls ville,
5 m.; Louisville 80., Louisville to Burgln, 82 m; total leased. Ill 111.;
total operated, 621 m.
lease for 999 years with Chic. A West. Ind.
at $127,000 per year gives entrance to Chicago.
The Louisville New Albany Chicago was opened in 1852 and sold
In foreclosure Dec. 27, 1872, and reorganized. In Aug., 1881, consoll
dated with Chicago
Ind. Air Line, and stock Increased to $5,000,000,
giving 15 per cent inorease to stockholders.
In Deo, 1888. leased the Lonisville Southern, but did not guarantee
Interest on its bonds except by rental ; surplus net earnings to be shared
New Albany,
miles;
Howland Junction
A
A
A
by the two companies.
Of theconsol. bonds of 1886, $5,300,000 was reserved for prior first
mortgages. The Chicago A Indianapolis Dlv. bonds are not engraved
bonds, and therefore not listed on the N. Y. Stock Exchange.
From Jan. 1 to April 30 (4 mouths), gross earnings wire $710,512,
against $636,593 in 1888; net, $217,157, against $153,405.
Fisoal year ends Dec. 31. The annual report for 1888 was in V. 48.
p. 367, 728.
Earnings, expenses and charges have been as follows:
:
Gross earnings
Operating expenses, 6222 i00 per cent
Net earnings from
traffic,
37'8 100 per cent
$6,270,971
Charges against income
Interest, rentals,
Ac
$4,599,853
400,000
Taxes
Net earnings
Income from investments
4,999,853
$1,271,111
677,109
Balance
$1,918,227
Less
31,1889
Net income
A
Atlantio
$23,376
216,900
RR*
Gross earnings
Net earnings
Deduct
Interest
Rentals, insurance, taxes, Ao
Interest on oar trust bonds.
Total charges
1888.
$1,919,189
$640,661
1887.
$2,295,623
$805,925
$461,538
223,869
50,000
$549,814
228,641
25,000
$531,775
282.458
$735,407
$303,455
$364,233
$2,292,782
$868,105
Balance..
William.
Loss on Georgia RR. lease for year ending Mar.
Loss on Pensacola
INCOME ACCOUNT.
1886
$16,598,535
10,327,564
240,276
def.$94,746 sur. $2,469 sur. $3,872
Dowd. President. N.Y. (V. 45, p. 437; V t6, p. 102, 191,
V.
48, p. 367, 788.)
381,745,802;
1. mil-.
for the year
vlllc
New
Orleans
& Texas
(See
Map)
Line of road
Memphis. Tenn., to New Orleans, La., 450 miles; Leland to Huntington,
Miss., 22 m.; Bolivar Branoh, 25 m.; Washington Co. branoh, 35 in.
total owned. 538 m. Leases Clinton to Port Hudson, La., 22 in.; total
1,594,8 10 operated. 559 m. This road was built in the Interest of the Huntington
system of roads, and forms the connecting link in that system across the
$113,141 Continent from Norfolk to San Franolsoo. The inoome bonds are a tlrst
Surplus.
on 750,000 acres of land in the Yazoo Delta. The second
mortgage
"
Loss on Pensacola A Atlantio RR. will be represented by securities mortgage bonds are " incomes." receiving Interest only when earned;
of that company, but in consequence of their having no immediate but ni> interest was
payable till March 1, 1889; unpaid interest is cumuvalue the loss In the meantime is paid ont of net revenue
lative, and bears interest at the rate of 5 per oent; these bonds may be
Fiscal year ends June 30. For 1887-88 the report was In V. 47, p. paid off at 105. The Union Trust Co. of New York is trustee of the st
and 2d mortgages, and Edward H. Pardee and Albert Crollus of a new
409, 411, for the Louisville A Nashville proper.
land grant inoome mortgage which has been executed to take up
1886-87.
1884-85.
1885-86.
1887-88.
the old Income bonds but none yet Issued. Stock is $5,000,000; par
Total grossearns
$13,936,347 $13,177,018 $15,080,585 $16,360,241
8,213.295
9,047.053 10,267,535 $100.
Oper'g ex. (exol.tax.) 8.182.255
From Jan. 1 to May 31 In 1889 (5 months), gross earnings were
against $976,316 in 1888; net, $292,318. against $244,357.
Net earnings
$5,754,092 $4,963,723 $6,033,532 $6,0S)2,706 $1,072,614,
In 1888 gross earnings were $2,426,317; net, $659,114.
Per ot. of ex. to earn.
69-99
58-71
62-33
62-76
Annual report for 1887 was In Chronicle, V. 46, p. 447:
INCOME ACCOUNT.
1888.
1886.
1887.
$1,707,951
Less
2 per cent stock dividend declared Jan. 9, 1889.. $630,360
3 per cent stock dividend declared July 18, 1889. 964,450
1
;
1885-86.
1986-87.
Receipts-
1884-85.
Net earnings
$5,754,092 $4,963,723 $6,033,532
Income from Invert's
479,858
198,591
207,807
1887-88.
$6,092,706
528,838
Oross earnings
Operating expenses
Totallncome
$5,952,683
$6,621,534
Net earnings
$5,171,530
$6,513,390
.
$1,803,784
1,252,562
$2,243,211
1,521,128
$2,426,317
1,846.577
$551,221
$722,088
$579,740
j
t
&AILKOAD STOCKS AND BONDS.
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MAP OF THE
LOUISVILLE,
NEW ORLEANS
AND TEXAS
The Tul.;<l shading
indicates
R. R.
Land Grant
INVESTORS' SUPPLEMENT.
so
XLIX
[Vol.
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MAP OF THE
Columbia
LOUISVILLE, ST. LOUIS
AND
rTiptan
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Soraervill
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TEXAS RAILWAY,
AND CONNECTIONS.
I,
July,
RAILKOAD STOCKS AND BONDS.
1889.]
81
Subscribers will confer a great favor by giving Immediate notice of any onor discovered In tbese Tables.
Bonds
INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
Amount
of
of
Par
For explanation of column headings, Ac, Bee notes
n,uXf,Sw Rat" Per When Where Payable, and by
Road. Bonds Value. outstanding
Whom.
Cent
on first page of tables.
PaJ able
.
Jfatii* Ctnl'l
A
(Continued)
Dexter
&
Manhattan
(Eler.)
Metropo!.
El.. 1st
Consol. stock
M., $600,000 p. m., $
&*
100
100
1878
1879
1876
1888
1886
1881
1887
c*
o*
2d M. (guar, by Manhattan)
do
N. Y. Elevated, 1st M. (payable at 105 after 1896)
Consolidated mortgage (for $15,000,000)
Debentures
Sorth Georgia
Marietta
<
lntM., gold, $7,000 p.m.
e"
Consol. 'St M., g. $4,500,000
H.
<t
().
Common
stock
Marquette
Pref. stock (6 percent rental, D.S.S.A A.)
1st m.. M.AO.. Marq. to Mich. Abrs. lgr. not dr'n
Mort. lsl M.M'ch.to Anse.A brs. 40in.,red.atl00
M.,lst Anse.toHough.Abrs45in.,red.atl05.c*&r
Gen
1st M on Mar. A West., 21 m. int. guar c*
Mem. <t Char'stonTenn. State loan for $1,736,906
M
1872
1878
1883
1885
.
1st mort. extended
2d mortgage, extended
c
Consol.. gold ($1,400,000 1st -on
General mortg., gold
A. A O.
$1,166,700
122,000
175,000
M. A N.
5
1.000.000
25,371,420 lsinorts Q.-J.
6 g. J. A J.
10,818,000
(i
4.000,000
jM. A N.
J. A J.
7
8,500,000
Nil.
J. A D.
!* M. A 8.
1,000,000
554,000
* J. & J.
1,430,000
g J. A J.
I
2,378,670
3
f.a'a.
3,278,456
S
1,427,500
[J. A D.
6
M. A S.
576,200
(i
'J. & D.
1,500,000
6
1,400,000
|A. A O.
In tru6t
J. A J.
1,260,000
J. A J
1,000,000
7 g. |J. A J.
2,264,000
6 e. J. A J.
1,000.000
3
(?)
July 1
10
'A. A O.
1,700,000
1865 $100Ac
Kennebec, consolidated mortgage.. .c
Newport, stock
bonds
do
Manehes. <t Law. Stock, lOp.c. ren'ltill 1937.B. 4M.
Portland
292
292
93m. in Tenn.)..c*
oAr
Income bonds, not yet assented. r
Debent.<secu.bycollat.)(maybe called Apr. '90). c*
1st mort. (unassented)
o*
Priority oonsol. M. gold, red. at 110
e*
Consol. M., gold, $32,000 per mile
non-cum.
1st consol incomes, gold,
($9,600 p. m)e*
2d con.ino.$6,4C0 p.m.redat 5G%tilUulyl929.c*
o*
Mex. Nat. 1st M., g., ctr'nat 100
Mexican Central
663
663
663
663
064
1854
1867
1877
1884
1881
1885
1881
1889
1889
1889
1889
1887
1,000
1.000
1,000
I
V,6bo
1.000
1,000
-
100
100
100 Ac
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
I
4
(!)
$&
7,000/00
!
45,000,000
13,500,000
8,687,000
11,300,000
1,000
1,000
1,000
1,000
J.
J.
J.
A
A
A
J.
J
J.
July 10
July 10
6g. J. & D.
3
g.
3
I
Bos.,
Princi-
When due.
Stock* Last
Dividend.
pal,
I
2d Nat, Bk. A Port. April
1,
1895
Manchester and Boston. May 1, 1889
N. Y., 71 Broadway.
July 1, 1880
N. Y., Mercantile T. Co. July 1. 1908
do
do
Nov. 1, 1899
do
do
do
N. Y., Kessler
do
do
do
1. 1906
1988
Mar. 1, 1918
July 1, 1911
Jan.
o
A Co.
do
Jan. 1, 1937
In 1883
Aug. 15, 1889
N. Y., Chase Nat. Bank. June 1, 1892
do
do
Mar. 1, 1908
do
do
June 1. 1923
do
do
April 1, 1925
N. Y., 10 Wall
St.
N.Y.,W.H.BrownABros. Jan. 1.
do
do
Jan. 1,
do
do
Jan. 1,
do
do
Jan. 1,
Boston Office
July 1,
do
do
Apr. 1,
Boston.
July 1,
Boston A London.
July 1,
Boston
July 1,
Boston when earned. Jan. 10,
Boston when earned. Jan. 10,
N.Y., National City Bk. June 1,
1915
1915
1915
1924
1911
1895
1911
1939
1911
1939
1939
1927
I
INCOME ACCOUNT 1887.
j
Net earnings
Taxes, rental and mis. expenses
Interest on bonded debt
$722,083
$103,225
445,600548,825
$173,257
Surplus income
Mr. R. T. Wilson, Pres., N. Y. (V. 45, p. 512; V. 46.p. 447; V. 48, p. 854 )
Louisville St. Louis Be Texas (See Man.) Louisville to Hen140 miles. Completed April, 1&89. Has contract with
Chesapeake Ohio A Southwestern for joint use of tracks from Louisville to West Point, Ky 20 miles. Trustee of mortgage. Central Trust
derson, Ky.,
,
Financial agents W. V. McCracken
A Co., 42 Wa 11 St., New York. (V. 47, p. 381, 555, 709; V. 48, p. 68.)
Louisville Southern. Owns from Louisville, Ky., southwesterly
to Bin-gin on Cincinnati Southern RR., 82 inilrs
Completed in May,
1888, and in Dec, 1888. leased to Louis. New Al. A Chic (which see).
Eiknson projected. Stock, $2,600,000; par, $100.- (V. 46, p. 480;
V. 47. p. 459, 745.)
Ci.
Stock, $2,400,000; par, $100.
Lykens Valley. Owns from Millersburg, Pa., to Williamstown, Pa.,
20 miles branch, 1 mile ; total operated, 21 miles. It is a coal road
leased and operated by the Northern Central Railroad since July, 1880,
and previously by the Summit Branch RR. The lease is for 999 years
from March 1, 1866, and the rental is $62,500 per annum.
From Jan. 1 to Apr. 30 in 1889 (4 mos.), gr.ss earnings from coal and
mining ( peratlons were $284,487, against $318,464, in 1388; del,
$32,8 12, against deficit, $20,534.
Maine Central. Owns Portland to Bat gor. Me., via Augusta, 137
tulles;
ranches, Cumberland Junction to Skowhegan, 90 miles; Bath
to Lewiston and Fannington, 76 miles ; total owned, 303 miles. Leases
Burnbam Junction to Belfast, 33 miles Newport Junction to Dexter,
14 miles; Brewer Junction to Bucksport, 18 miles Bangoi to Vance
boro, 114 miles; Penobscot Switch to Mt. Desert Ferry, 42 miles
Stillwater Br.. 3 miles; Port. & Og. RR.. Portland, Me., to Lunenburg,
92 miles; total leased, 316 miles. Total oper. Sept. 30, 1S88, 626 miles.
In August, 1888, leased Portland A Ogdensburg for 9n years and
;
!
bonds were authorized to cover all these and to provide for future needs.
The scrip issued for dividend in Apiil, 1889, bears 4 per cent, payable
semi-annually, is redeemable at option of company, and is convertible
into new 100-year 4 percent ooisols. See V. 48, p. 327. Net floating debt Dec. 31, 1888, was reported as $1,818,065.
From Oct. 1, 1888, to Mob. 31, 1889 (6 mos.), gross earnings were
$1,569,007, against $4,336,756 in 1887-8; net, $1,112,156, against
$1,944,232; surplus over charges. $1,068,667, against $976,346.
Fiscal year ends Sept. 3<:; rej ort for 1887-88 was in v 47, p. 592.
.
1834-5.
1885-6.
1886-7.
1887-8.
Gross earnings
$7,000,567 $7,426,216 $8,102,662 $8,673,871
3,960.191
Operating expenses... 3,967,983
4,970,450
5,201.050
Net earnings. ...$3,032,584 $3,466,024 $3,132,212 $3,472,821
Interest and rentals. . . 1,459,043
1,806,393
1,554.080
1,554,080
Balance
$1,573,511 $1,659,631 $1,578,132 $1,918,741
Deduct dividends
1,560,000
1,560,000
1,300,000
1,560,000
Surplus.
$13,541
$99,631
$13,132
$618,741
Number of passengers carried on the elevated railroads in New York,
and the gross earnings, since the completion of the roads
Passengers.
Earnings.
Passengers.
Earnings.
1878-79 46,045,181 $3,526,825 1883-34.. 96,702,620
$6,72d,859
187980 60,831,757
4,612,976 1884-85.. 103,354,729
7,000,566
1880-81
75,585,778
5,311,076 1885-86.115,109,591
7,426,216
1881-82. 86,361,029
5,973,633 1886-87.. 158,963,232
8,102,662
1882-83.. 92,124,943
6.386.506 1887-88..171,529,789
8,673,871
-(V. 45, p. 272, 04,641. 673, 727, 3 ">6; V. 46, p. 75, 228, 239, 511,
650, 802; V. 47, p. 138, 592, 594; V, 48, p. 260, 2J2, 327, 368, 580, 799.)
:
& North Georgia (See Map) Completed Marietta, Ga.,
Murphy, N. C, 112 miles; liranch, 7 miles, and 20 miles on Knoiextension, making total mileage at this date 132 miles. The remaining 96 miles on Knoxville extension will be completed this year.
Road Is under construction north to Knoxville, Tenn., and south to Atlanta, (ia.. which will make total mileage, including branches, 260 miles.
Stock issued, $1,560,000. About $1,500,000 has been subscribed by
guaranteed Its ond.
Tnere are also $58,000 5 per cent debenture bonds due Feb, 1894 interested parties, including $275,000 bv the city of Knoxville. The
ann $42,000 Shore Line b per cents, due 1923.
Central Trust Co. of New York is trustee of the oonsoL mortg., issued
Dividends since 1876 have been: In 1882,2 per cent; in 1883, 5<9; to extend the road, widen the gauge and retire old bonds, an equal
from 1884 to date at the rate of 6 per cent yearly.
number for the latter purpose being reserved. After 1397 $15,000
Fiscal year ends Sept. 30. Report for 1887-8 was in V. 47, p. 774.
yearly will be paid to a sinking fund for these bonds. Mortgage on
line from Marietta to Murphy, 112 in., is at rateof $16,000 a mile, and
1884-85.
186586.
1836-87.
1887-88.
Total gross earnings $2,839,779 $3,001,076 $3,142,407 $3,389,007 on Knoxville extension $20,030, average rate being $17,300. Gross
taxes.
1,730,902
1,820,740
1,948,480
2,199,882 earnings year end-ng Mar. 31. 1889, on 90 miles narrow gauge road,
Expensesand
$136,763, against $77,438 in 1887-8; net, 77,438, against $81,900 in
Net earnings.
$1,108,877 $1,180,338 $1,193,927 $1,189,125 1887-8.-(V. 46, p. 75; V. 47, p. 499; V. 48. p. 420, 638, 763.)
INCOME ACCOUNT
Marquette Houghton 4c Ontonagon. (See Map Duluth South
1887-88
1884-85.
1880-86.
1886-87.
Receipts
Shore <t A.) Owns from Marquette, Him., to Houghton, 113 miles;
Net earnings
$1,108,877 $1,180,336 $1,193,927 $1,189,125 branches, 43 miles total operated, 156 miles. Has
a land grant of about
Other receipts
7,828
7,400
8,870
9,919 30,000 acres. Business consists
largely of transportation of iron ore.
fro-jj Feb. 15, 1887, to the Duluth South Shore
Leased in
Total income.... $1,116,705 $1,187,736 $1,202,797 $1,199,044 & Atlantic perpetuity
RR., rental beinj interest on bonds and $196,707 in cash,
Disbursements
(equal to 6 per cent yearly on the pref. s ook), all net earnings In excess
Rentals paid
$192,573 of
$189,000
$189,000
$189,000
this to go to common stock. In year ending Feb. 15, 1888, gross
Interest on bonds...
734.031 earnings were
701,767
707,130
717,068
$1,110,264; net, $518,726; surplus above fixed charges,
Dividends
Marietta
;
;
to
v
lie
i
;
215,601 $195,954; dividends
215,598
paid (6 per cent) $196,707; loss to lessee, $754.
$1,121,666 $1,142,208
Memphis &, Charleston. (See Map of East Tennessee Tir<& Georgia).
Owns from Memphis to Stevenson, Ala., 272 miles;
Balance, surplus....
$81,131
$56,836
Sinia
ranches to Somerville 1 4 miles, to Florence 6 miles leases, Steven
(V. 45.p. 820, 854; V. 4, p. 573; V. 47, p. 50, 7T4.)
son to Chattanooga, 40 miles total operated, 330 miles. Of the oonManchester Ac Lawrence. Owns from Manchester, N. H., to olidated mortgage, $1,400,000 are scoured by the old Tennessee Statektetbuen (State Line), 22*4 miles; leases Methuen Branch, 3% miles; to- lien for $1,736, 406. assigned to a trustee, and thus stand higher In
tal operated, 26 miles. Road in operation since 1849.
value. There are also car trusts. The tto k is $5,3 1 2.725; par, $25.
Leased for 50 years from Sept. 1, 1887, to Boston A Maine at a rental
The East Tennessee Virginia A Georgia RR. in Sept., 1885, plaoed a
paying 10 per cent dividends, at which rate dividends had been paid majority of the stock (which it owned) in the Central Trust Co. for
tor many years. Gross earnings in year e ding March 31, 1886, $177,control. The validity of this ownership of stock is contested by the
In 1886-7, gross, $172,524 net, $100,691.
802. net, 10o,6b9
mlnoilty stockholders, and a suit is pending on appeal train a decision
the Chancellor given in favor of the minority.
Manhattan Elevated. Road operated, 3239 miles. This was a ofFrom
July 1, 1888, to April 30 in 1889 (10 mos.), gross earnings were
corporation formed (Nov. 24, 1875) to lease and operate the two elevated
in '87-8; net.$330,810,against $430,216.
railroads in New York City. The original lease of May 20, 1879, guar- $l,387,267,against $1,531,549
In the year ending June 30, 1888, gross $1,759,732 net. $499,757;
anteed 10 per cent per annum on the stocks. In June, 1884, all liabiliover
Interest.
$103,179.
Ac,
Report in V. 47, p. 623.
ties were assumed, and new stock was issued, by the Manhattan Co., viz: surplus
(V. 46, p. 255; V. 47, p. 623, V. 48, p. 398, 729.)
For Manhattan, 85 per cent In new stock; for New York, 120 per cent;
for Met roDolitan. 110 per cent, making the whole stock $26,000,000.
Mexican Central (Mexico). (See Man.)- Mileage Main line,
Tnere are large claims pending against the elevated roads for damage Mexico City north, to El Paso del Norte, 1,224 miles, 244 miles on Tarnto property on their lines, and many of these are before the courts. In
lco Division, 11 miles on Guanajuato Branch, 161 mile* on Guadalajara
June. 1 388, It was resolved that the balance of net earnings, after payiivlslon, and 16 miles on the San Bias Division, and a branob, 7 miles,
ing the dividend, be appropriated to the payment of judgments and to stone quarry, made a total of 1,631 miles May 30, 1889. Other work
claims against the company for damages to abutting real es ate, and in in progress.
1387-'3-i there was so paid $513,770 (see V. 48, p 368).
The company was Incorporated Feb. 25, 1080, under the general law
Dividends have, been In 1884, 3 percent; 1885 to 1887, inclusive, 6; of Massachusetts, and by transfer the company holds a charter from
In 18**, 5; in 1889 t
date. 1 in cash and 3 in scrip. Range of prices the Mexican Government, granted Dec 5, 1874.
The company has a
of consolidated stock since 1883 has been as follows
In 1884, 64 >s
subsidy fron the Mexican Government of $15,200 per mile on most of
79; In 1835. 6r.lJ3i*: In 1886, 1203175; in 1887, 92>a161 7e; in the lines, payable with 8 per cent of all duties. After suspension in
1885 the payment from duties was reum> d, and was 1 p. ct. Jan. 1,
1888.77^-998*1; in 1889 to July 19, Inclusive, 90 109s.
In 1-nlj the debenture* of the New York Elevated were Issued for
1887. and after that 1 per cent more every six months, till July, 1890
advances made by the Manhattan Co. and in 1883 $15,000,000 new the full 8 per cent is reached. The stock
is $41,V99,800.
215,541
Total disburse's
215,578
$1,106,303 $1,111,708
$10,397
$76,028
;
;
;
;
:
>
:
SUPPLEMENT.
INVESTORS'
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MARIETTA
NORTH GEORGIA
RAILWAY & CONNECTIONS.
July,
188P.]
KAILKOAD STOCKS AND BONDS.
S3
INVESTORS' SUPPLEMENT.
84
great favor by giving Immediate notice of |*\ut error]dtscovered In these Tables.
Subscribers will confer
DESCRIPTION.
For explanation of column headings,
on drat page of tables.
Sic.,
see notes
KDm
Date
of
of
!Roa<l.
Size,
or
Par
Amount
Bonds Value. Outstanding
INTEREST OR DIVIDENDS.
When Where Payable, and
Rate per
Cent.
Continued)
Mexican National!
2d M .. ser. " A." .. inc. aoouiu. (for $16,675.000). c* 1,061 1887 $500Ac. $12,265,0,10
2dM.. ser. "B,"g.,inc non-ac. (for #16,675,000). r 1.061 1SS7 500 Ac. 12,265.000
r
11887
1,000
7.010,000
3>1 inert., deb (inc. not cum), (told
i"62
1881
1,000
181,000
0*
Texas Mexican, 2d M., gold ($15,000 p. m.)
100
18,738.201
1,537
Michigan Central Stock...
.tr
270
1872
1,000
10,000,000
are
5s)..c.
($2,000,000
Consolidated mortgage
115 1870
1,000
1,900,000
c. 4 r
II. C. Michigan Air line, 1st M
1.000
200.000
ir 115 1870
Michigan Air Line 1st M., assumed by M.
84 '79-86 1,000
1,500,000
M. C. bonds, mort. on Grand River Val RR..C. A r
'69-70
1,000
710.000
r
39
0.
4
2d
1st
<k
m., g.$70,0002dadue'90
Kal.A S. H.,
100
191,200
81
Grand River Valley, stock, guar
117
1872-3
c.
&
r
1,000
121.000
and
1st
eu'it.
bridge
Detroit A Bay City
1,000
3,576.000
M. C. mort. on Detroit A Bay City Railroad c. A r 117 1881
71A80
1.000
295
r.*r
2,579,000
Jack. Lans. A Sag. cou.m.($l,722,000arc88)
13 1866 '.Ovl-vc.
150,000
MiddletownUn.dtW. <3ap lstm. ext. 25yrsln'86.o"
1871 500Ao.
250,000
2d mort. guar
c"
do
do
100
584
2,000,000
Mill*. Lake Shored West Common stock
100
581
5,000,000
Preferred stock, 7 per cent
1.671.000
316 1881
1,000
Consol. mort. for $5,000,000 ($12,000 p. m.) gold
1.000
500.00O
1881
r
Income bonds (not cumulative)
1882
90,000
1,000
Equipment bonda of 1882 ($30,000 red. vearly)..
1834
85
1,000
1,281,000
Michigan Div., 1st mortg gold (for $3,000,0o0>c10 1881,000
1,000,000
c*
Ashland Division, 1st mortgage, gold
56 1883
1,000
1,106,000
Bt. Paul Eastern Gr'd Trunk, 1st, gold.int.guar.o
1885
1,000
500,000
Equip bds. 1885 ($100,000 red. yearly fro u '90j.
1887
531
2,000,000
1,000
Conv. debenture?, secured by mort. of '89, gold.o*
16 1886
1,000
150,000
1st Ms. on H rleyAOnton. branches (dr. at 100). c
1,000
531 1889
1,002,000
Ext. & Imp. M.for$5.000,000, g.,s. f. notdr'n...c
65 1882
1,000
1,130,000
Milwaukee <t Lake Winnebago \t mort.. gold...o*
65 1882
1,000
520,000
c*
Income bonds, gold (cumulative), int. paid
1881
1,000
226,000
Debent., convert., g., lessee pays int till 1894. c*
S
6
8
6
8
2*
8
5
6
ii
INCOME ACCOUNT.
1886.
$3,857,706
8. currency)
$1,102,072
48.182
Net subsidy ree'd (U. 8. currency)!
3,724
Miscellaneous
Receipt*
.
1888.
1887.
$4,888,578 $5,774,1-31
$1,680,295 $1,748,459
41> 6.060
204,845
1,273
A8
4j*
34
M. A
A I'll.
A
A
A
J. A
M. A
M. A
M ,v
J. A
MA
M. A
M. A
M. A
J.
F.
M.
J.
Botw/*
1
8.
X.
J.
N.
B.
8.
N. N.
AD.
Y
do
do
do
do
do
do
do
do
do
do
do
do
do
do
N. Y. Susq.
do
A W.
do
N.Y., N. Bk. of Com'rce
do
do
do
a"a.
A N.
A N.
J. A J.
J. A J.
M. A 8.
2
J. A J.
%* J. A J.
F. A A.
A. A O.
2 s F. & A.
i e
6g. J. A J.
J. A J.
eg- A. A O
M.
M.
do
do
do
Sands A Co
N. Y.. 8. 8.
N. Y. Bk. of
Commerce
do
do
do
-
do
do
do
N. Y., Bk. of Commerce
N. Y.. 8.8.8ands AC'o.
New York.
N.Y.,36 Wall Bt.A Boat,
do
do
do
do
dn
.
Stocks
Last
Dividend.
by
1
J. N. Y. Otllce, 32 Nassau.
A. N. Y., Gr. Cent. Depot.
N. X. Y., Union Trust Co.
J.
do
do
N.
Princi-
pal, When
B.
May
F.
l*
8
2*
g
,
t
'
g.
8
. .
Of the old 1st mort. bonds $2,500,000 were deposited as collateral for
the debenture bonds, which bonds may be called in by April, 1890.
In 18*9 anew funding plan vas agieed to (see circular in full, Chron
1CLE, V. 48. p. 191: also p. 292, 327). The $7,000,000 priority consols
were issued to pay off the coupon notes and debentures, etc., $1,00-1,000
additional being reserved for new rolling stock, etc. New oonsnl. Is,
with a b- nus of $300 in 1st consol. Income", were exchanged for olo Is:
2d consol. incomes were exchanged for old incomes at par. The consol.
mort. securing both the priority consols, and consol. 4s (trustee, Boston
Safe Dep. A Tr. Co.) covers the nttre propery, and also cove a all old
lsts deposited, and a $6,270,000 subsidy earned and to be tamed. Both
series of incomes are non-cumulative and secured by one indenture to
the Am. Loan A Tr. Co. See new securities in table above.
Fro Jan. 1 to May 31, 1889 (5 mos.J.grosslearnings were $2,630,991,
against $2,543,369 in 1888; net, $1,289,571, againstl$l,077,523.
The annual report for '88 In V. 48. p. 625. 632, gave a full aoo junt of the
affairs of the oompany and It a prospects, with earnings, balance sheet, 4 c.
8
whom.
Payable
2*
i*
7A5
Co
Grose earnings
Net earnings, Ac. (U.
[Vol. XL1X,
July 1, 1917
July 1, 1917
July 1, 1937
July 1, 1921
Aug. 15, 1869
May 1,1902
Jan. 1.1890
Nov. 1, 1890
Sept. 1, 1909
Nov. l.'x'.-.go
July, 1889
May 1, 1902-3
Mar. 1, 1931
Sept. I, 1891
Nov. 1, 1911
Dec. 1. 1896
Jan. 11, 1838
Aug. 15, 1889
May 1, 1921
May 1, 1911
Jan. 11, 1892
July 1, 1921
Mar. 1, 1925
Jan.. 1, 1918
1890-95
Feb. 1, 1907
April 1, 1896
Feb. 1, 1929
July 1, 1913
July 1. 1912
April 1, 1904
Niagara, 31; total branohes, 1,026 miles; trackage III. Cent 11 miles ;
total operated, 1.537 miles, of which 1,101 are owned There are 157
miles of second track and 692 of side tracks.
.
Ac The Michigan Central was chartered hi
line, Detroit to Kensington, was opened in 1852. The
City road was foreclosed Feb. 12, 1881, and purchased for the Michigan Central, which leased it and put a
age.
on the road. The other lines described above as leased are all held by
the Michigan Central nominally under leases at fixed rentals, but are
practically owned. The land grant came from the Jackson Lansing A
Saginaw oompany as stated below.
In Nov., 1882, a close contract was made with Canada Southern for
working its road by the Michigan Central and for the division or
net profits over all charges as follows one-third to Canada southern and two-thirds to Michigan Central; but the Mich. Central Is
sutltled to an increase on this proportion as ii diminishes its interest
charge by payment of bonds or otherwise, and hence it now obtains
more than two-thirds of the net income.
Stocks and Bonds The Michigan Central stock has remained at the
tame amount since 1873. Prior to 1873 it was a regular 10 per cent
stock. In 1872-73 paid 5 per cent and 1 in scrip, but afterward paid
so dividend till 1878, and since then Irregular amounts. Binoe 1870
lividends have been: In 1870-71, 10 per cent: 1871-72, 10; 1872-73,
5 and 1 in scrip in 1878,2; inl879,3-; in 1880,8; lnl881,6>; In
'82, none paid; in '83, 5; in '84. 3; in 'e5 aud*36,nil; in '87 and '88, 1
in '89 to date, 2.
The range in prices of the stock has beeu as follows: In 1871. 114
126; in 1872, 1133120; in 1873. 659111; In 1874, 68-23>95ia; in
1875, 5382-4; in 1876, 348a65i; in 1877, 35<-a74>4, in 1878,
58-s75; inl879, 73-i98; in 1880. 75130-s; in 1881, 8i\a 126>s;
In 1882, 77105: In 1883, 773100%; in 1884, 5l%94-2; in 1885.
l6-s79%; in 1886, 6l"sS98%; in 1887, 8095-s; in 1888, 72 i 92-s;
in 1889 to July 19, Inclusive, 81>99238.
The Jackson Lansing A Saginaw debt Is assumed by Michigan Central,
hich also pays $70,000 per year on the stock of $2,000,000 the proceeds of J. L. A S. lands go to pav bonds, and in 1--minted
to 3,535 acres for $16,293 (including timber), leaving 293, 21 acres
unsold; land contracts and other assets on hand. $238,660.
Operations, Finances, Ac The road Is operated under a close contract with Canada Southern and the earnings of both roads are included
in the statistics below. Thestttement for first six months of 18 39, June
being partly estimated, was as follows :
Organization, Leases,
1816; the whole
Detroit
A Bay
mom
;
Total net income
Disbursements
$1,885,140 $2,185,792
$1,153,978
Interest on coupon notes of '89...
Intere-t en 1st mortgage bonds..
Interest on debentures
$-192,013
*736.710
11187,500
88.574
Miscellaneous
$316,313
_..
$316,313
1,254,677
250,000
71.612
1,357,717
250.000
1 2,311
$1,204,797 $1,895,602 $1,966,341
Balance
def.$50,819 def.$lO,162sr.$219,4U
*
U This is six
Jji 1886 only half the iiteres' waa raid In oaah.'
months' full interest, an 1 s!t months half only in ca*h
Total
t
The
583
in
to'al net
U.
subdiy received
December
to
31, 1838,
was
$3,825,-
currency.
8.
(V. 46, p. 102. 191, 537. 538. 558, 572, S1Q, 678: V. 47, p. 626. "4P,
V. 48. p. 128, 189, 191, 292, 327, 368, 589, 6 t 5, 63*, 764, 801 ; V. 49,
p. 83.)
National Railroad (Mex.) (See Mop) Owns from
Mexican
Laredo to City of Mexico, 842 miles Acamliaro to Patzuaro. 96 miles
El Salto branch, 15 miles; Matamo as to San Miguel. 76 miles; small
branches, 5 miles; total owned. 1,064 miles; controls through ownership of stock, Texas Mexican Railway, Corpus Christ! to Laredo, Tex.,
and branch, 163 miles other lines, 5 mtlea total owned and controlled,
1,232 miles Thisroad waicomplet d In September, 1888, and opened
The foreclosure of the former company
for traffic about Nov. 1.
(Mex. Nut. Rvlwayi took place on May 2 Id. 1887, aud the preseut
of road, and it also oontrols the Texas
716
miles
acquired
company
Mexican Railway from Lared to Corpus Christl. Texas, 161 miles, own00 2d mortgage bonds out of a total
mort.
bonds.
,196.<
st
$
all
the
ing
Issue of $1,380,01.0; $2,453,750 of its capital stock out of a total issue of
A
Gulf
Brownsvil
e
the
Railway, 1 mile, by the purchase
$2,500,0<0;
of its capital stock of $25,000; the Texas Mexican Northern ch irter,
of
all
Its
stock.
the
capital
$100,000.
purchase
by
The new first mortgage for $12,500,000 is a prior lien upon all the
lines in Mexico, constructed or to be constructed, and upon the abovenamed securities. The bonds are redeemable on notice at par. Trus
tees, Hugh M. Matheson and Charles Magniac. Of the proceeds of this
issue, $1,650,000 was provided for interest and capital reserve, the re
mainder being for reorganization expenses, payment of certain debt of
old company, and for the construction of 352 miles of main line and a
branch of about 75 miles into the Sabinas coal fields.
in exchange for old securiti s, the aecond
Of the securities issued
" A " are
strictly cumulative, and not lore
mortgage bonds series
closaYile while stock remains in rust as below stated the second mort" B" are n. .n-< uniuiatl ve
series
bonds
trustees, Lyman K.
gage
Bass and J. A. Horscv. Third Mortgage Income trustees, C. J. Canda
Stock.
A.
and H.
$33,350,0^0. (par $100) placed in trust with
Risley.
the Fanners' Loan A Trust Co., leaving the road in control of first and
bondholders
until it earns and pays interim, on both
second mortgage
classes of bonds for two oonsecutive years, in winch event the control
The
road was oi ened f>r thr mgh traffic in
reverts to the. etocknoldera.
Nov. 1888. See annual report for 1888 at length In the Chronicle of
627
and
632, giving status of oompany, with
May 11, 188>), V. 48, pp.
various details.
From Jan 1 to May 31. 1889 (5 mos.) gross earnings were $1,535,609,
against $989,110, net, $310,742, against def. of $78,291.
In year 1888 gross earnings were $1,943,913 (A uerican currency),
;
>
1
t
:
;
net $51,049.
647, 627,
(V. 47, p. 200, 410,
632; V. 49. p. 83.)
454,532,6^4,709;
V. 48, p.
.
W
;
1839
$6,233,001
4,424,0J0
;
Gross earnings..
Operating expenses and taxes
Percent
Net earnings
Interest
1838
$6,535,000
4,725,
(70-9)
(
$1.809.00 J
and rentals
Surplus
Proportion to Canada Southern Co
00
723)
1.260.000
$1,810,000
1.2 0.00O
$5l9,0u0
-.950.003
MJOO
156,'IOQ
Leaves
$39 .000
$393,000
DivideLd 2 per oent
374 .764
Balance
$18,230
$16,336
The annual report for 1383 was in V. 43, p. 538, as fallows:
income account.
1
Receipts
Total gross earn's..
Vet earnings .......
nt. and dividends
Total income
Disbursements
1885.
1886.
$
$
1837.
1S38.
$
$
13,770,523
"3.o83,917
55,276
3.739,193
10,707,394 12,295,828 14,164,490
3,891,119
2,092,791
4,289,244
72,216
52,713
_ 45,190
2,765,o07
3,936,339
4,341,962
$
Centals paid
Interest on debt ....
(Jan. Bouth'n share..
184,310
2,182,113
8,679
Miscellaneous
Total
Surplus for dl v'ds . . .
Dividends
2, 6757132
$
131.310
2,392,671
107,335
$
$
184,310
2,351,619
540,870
32,513
134.310
2.336,782
339,161
1
.-.,933
-7ii,191
3,109,312
8o3,002
952,020
89,575
1,232,650
719.528
(41
(2) 371,761 (1) 719,528
'
Sur plus'
~48S.122
113,471
89.675
577,256
Balance to credit of income acoount Dec. 31, 1888. was $2,090,720.
V.
V.
48. p. 588, 589, 855.)
47, p. 802;
-(V. 46. p. 571, 783, 802;
Mlddletown I nlom llle A- Water Gap. Owns from MidIs controlled
lletown, N. Y., to Unlonville, N. J. State Line, 13 miles.
by N. Y. Bus. A West, by ownership of stock. In year ending Sem. 30,
2,984,319
$44,903; net, $12,S78; def. ni.der fixed charges, $8,642.
A: Western.
(See Map (Owns from
branches
to Ashland, Wis.. 390 miles (4 miles leased)
Hortonville to Oshkosh, 23 miles; Two Rivers Junction to Two Rivers.
6 miles'; Eland June, to Wausau, 23 miles; Antigo Junction to end of
Wolf R ver Branch. 11 miles: Mnnleo to lac de Flambeau, 42 miles ;
Hurley branch. 16 miles; Hurley to Van Busk rk's Mill, 5 miles; Waters*
meet branch, 5 miles; Ontonagon River branch. 6 miles; Wolf and Wisconsin Rivi r branches. 13 miles: branches to mines. 25 miles; s mrs
'87, gross earn's,
Milwaukee Lake Sbore
12, Milwaukee
IHIclUgan Central. Line op Road. -Main line Kenalnsrton to
Detroit, 270 miles; and Windsor tj Suspension Bridge (Can. So.', 226
miles: total main line. 496 miles. Branches owned and leased Mieli.
Air I.lneRR.. 115: Jol. A No. Ind., 45; Grand River Valley, 84; Jnck
Lan A- Sag.. 295: Kal. A So. Iluv 39: Det. A Bay City, 118: Sag. Bay
No.
87. To] Can. So. * Det. 56: Can. So. Br. Co., 4; Mien Mid.
<v Can., 15
Canada So. branches, 101 Sarnia Chut. A Erie, 7; Erie A
A
;
;
:
1
;
:
to mills. 25 miles; total owned, 534 miles; leases, Milwaukee to Like
Shore Junction, 4 miles; spur, 1 mile; Clinton to Oconto, 56 miles Post
;
July,
RAILROAD STOCKS AND BONDS.
1889. J
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MEXICAN NATIONAL
^.oiS>
^l^r<^--^f,r''<^
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RAILROAD
fD ITS
CONNECTIONS.
SUPPLEMENT.
INVESTORS'
86
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[Vol. XLlx.
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i
MAP OF THE
Ilarvarn
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MILWAUKEE
LAKE SHORE & WESTERN
Free
I
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RAILWAY & CONNECTIONS
/Aurora^
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JCLT, 1SS9
EATLROAD STOCKS AND BONDS.
]
Subscribers will confer a great favor by
DESCRIPTION.
For explanation of column headings,
on first page of tables.
Ao.,j ee notes
Miles
of
126
177
53
Mineral ffan<7e--8tock
1st mort., due June 1, 18 s 8, but not paid
1st mort., gold, on Calumet extension
12i
vilate notice o(
Date
Size, or
of
Par
1880
1884
17k
4k
Houghton extension, gold
liii'it
1873
1885
1886
1836
1877
1877
1877
1879
1882
1830
1880
1881
1886
1836
1888
$1,000
1,000
50
100
100 Ao
1,000
500 Ac
100 Ac
Mortgage of October, 1886
27
1,000
Minneapolis <* St. L.lat M., Min. to Merriam Jon.C'
500
Ao.
Line..c*
A3
to
State
Merriam
Junction
1st mortgage,
15
1,000
1st m.,Minn.A Dul.,Minn to White B.Lake.guar.c*
102
1.000
c*
Fort
Lea
to
Dodge).
1st mortg., gold. ceup. (Al.
1,000
Imp. and equip. M., 1st & 2d ser juu. lien on I'd c* 360
53
1,000
Mort. on Southwestern extension ($12,000 p.m.)c*
224
1,000
2d. bds.,inc,5A 10 jts. (White Bear to Ft.Dodgelc*
1.000
c*
92
1st mortgage, gold, Pacific Extension
495
l,00i
Minn. St.P.itS.S c.Murie- S St.M.A At.,lst M.g
mile
o*
286
1,000
A
Pacific
1st
M., $15,000 p.
Minneapolis
800
1,000
Consul. M. (for $2 1,000,000), $20,000 p. m., g.c*
100
1,611
Missouri Kansas <* Texas Stock ($5,157 pref.)
182 1868
1,000
1st M., g, s. fund, land grant (U.P S.Br.), red. at 150
100
red.
at
100
1870
s.
A
1,000
1st mort.. gold (Tebo.
f.,
Neosho;
70 1870
1,000
IstAidM. tlan. A Cent. Mo.,(2dM..$32.dOO,lS92)
786 1871-3 1,000
Consul. M., gold, on road and land (red. at 100)..
3d m., income, exchangeable for genl. m. 5 per ct. 786 1876 500 Ac.
1873
1,000
Booneville Bridge bonds, g. guar., drawn at 100
General consul, mort., gold, ($9,381,000 are 5b).. 1,565 1880-6 1,000
156
1880
1,000
East Line A Red River
776 1879
1,000
Internat. AGt. North'n, 1st mort., gold
c*
776 1881 500 Ac.
do
2d mortgage, gold
1880
1,000
Colorado Bridge bonds, sink'g rd.
do
,
M
c
.
Amount
Road. Bonds Value. Outstanding
c'
Milwaukee a Northern 1st mortgage
Cons. V. ($17,000 p. m.), 1st M. north of Gr.Bay.e*
Mine Hill <t Schuylkill Baven Stock *t % rental ..
'.
*fvlu<>
$2,155,000
2,996,000
4,081,900
400,000
198,000
100,000
100,000
250,000
455,000
950.000
280.000
1,015,000
4,000,000
636,000
500.000
1,382,000
10,000.0)0
4,290,000
6,710,000
46,410,157
2,054,000
346,000
696,000
14,877,000
581,000
776,000
27,264,000
347,000
7,954,000
7,054.000
225,000
87
any error discovered In these Tables.
INTEREST OR DIVIDENDS.
Rate per
Cent.
6
When Where
Payable
Payable, and by
Whom.
SUPPLEMENT.
INVESTORS'
*ii
Crm
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MAP OP TnK
MILWAUKEE
NORTHERN
RMLROAD & CONNECTIONS.
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July.
I88fc]
RAILROAD STOCKS AND
DONDS.
*<
INVESTORS' SUPPLEMENT.
to
Subscriber* will confer
great favor by giving Immediate notice of any error discovered in these Table*.
it
DEW RIPTION.
For explanation of column headings,
on iii-Ht page of tain.
Aj., see cote*
.
MUmuri
Miles
of
ir..
Par
tt.
(
A Ho.,
210
1st niort., coupon
310
2d
do
gold, coup., may be reg
1st
land
99
do
Ark. Branch,
niort., gold,
gr"
71
do
Cairo Ark.A T. 1st, gold, op.or reg
on
304
A
Fulton.
road
Aland.,
Cairo
do
1st, g.,
Gen. consol. and laud grant M., gold... 1255
do
165
Little Rock A Fort Smith 1st M., land gr. sink. 1 J.
Bedalia Warsaw A Southern, 1st niort
1st
A
2d
M.
'"i
Little Rock Junct'n,
($J5,000 are 20)
Mobile d Birm. 1st, g., guar. (#20,000 p. m.). ..c*r 147
Mobile <t Dauphin 1st. 1st M.,g. (for $3,000,000). c
"85
c
Mobile <t Gtrard 3d M. ($200,000 are 6s)
Iron
..It.
M
iioo #43,974.850
Mnhiu * Jfi/H.\-L.AN.RR.Co.,M.AM.
ir"t
deed
b'ds.
.....c*
Income boios. extended
IstM., g'd, Mob. to Colum. ,472m. C
I
ranch. e*
t mort.. exten, gold, Colum. to Cairo A
O-n'l M.dnt.payablein scrip till alter '91) Lg.s.f.o*
Equipment bonds
Monterey * Mexican Gulf IstM., g. $25,000 per m
MoHtgom. it Eufaula let, s. f., $15,000 not d' wn.c*
1,000
l.OOO
600 ke
500
ISC!)
1,000
1,000
1380
500 Ac
1380
1887
1886
1886
1837
1872
1870
1872
1870
1,000
1,000
1.'<C0
1,000
l.(KK)
81to'7
1,000
1,000
1,000
1,000
1,000
1875
500 Ac.
179
1834
1887
1888
1877
1881
179
472
55
527
1,010
1.000
1,000
1,000
1.000
l,0)0Ac
1.000
1879
1883
1833
.
H^u" <* Ohio
INTEREST OR DIVIDENDS.
180
4
7
800,000
245,000
3,828,000
190,000
650,000
14.714,000
14,376,000
520.OO0
750.000
4.000.000
8
81
? g
l e
500 Ac.
1,000
1,000
1.25-.000
1,500,000
1883
1879
-
'
-
5g.
4
A
6
6
6
6g.
4
6A7
593,lsO
5
6
Dividend.
1938
1891
1892
Oct
1893
Nov.
1906
Oct
1889
1920
Aug.
Nov. 1, 1920
Jan. 1, 1917
July 1, 1926
Feb. 1, 192f
Aug. 1, 1892
May 1, 1897
Juoo 1, 1895
June 1, 1897
Jan. 1, 1891
April 1, 1931
Jan. 1. 1905
May 1, 1910
April, 1914
Jan. 1. 1937
1928
June 1, 1897
fay 1, 1931
Jan., 1890
Deo. 1, 1927
July 1, 1927
8ept. 1, 1933
Var,'90to 97
Aug.
(u,
do
ao
1,
1,
1,
1,
1.
1,
1,
.Inlv
.1
6
due.
Mocks Last
Mercantile Tr. Co. July 15, 1889
,
>'..
g
l
5 g7
G
84to'7
"50
8*
7
1,000
'
*
When
pal
May
f
%*g
3380..11
J.
->.
A
do
do
A. A O.
do
do
M. A N.
do
do
A. A O.
do
do
if. a a.
do
do
<M. A N.
do
do
M. A 8
do
do
J. A J.
do
do
M. A 8.
do
do
F. A A.
do
do
M. A N. New York or London.
J. A D. N. Y., Mercantile Tr. Co.
J. A D.
do
J. A J.
do
do
A. A O.
do
do
I. A J.
do
do
M. A N.
do
do
A. A O.
do
do
J. A
N. Y., Ohasc Nat. Bank
F. A A.
N. Y. Of., 32 Nassau.
J. A D. l.Y.Kessle-.-A0o.54Wal)
M. A N. N. Y.. LAN. Oilier.
J. A J.
N. Y. A Louisville.
J. A D.
Q. Jan
M. A 8.
M.
5
435,000
3,000,000
350.000
1,000,000
2,689,000
214,000
7.OO0.000
1,000,000
8,151,500
I
.1
7
Y
a A.
F.
<.
6g.
7
6.0OC ,000
2 500,000
1,450.000
7,163.000
18,078.000
2,312.500
500 Ac.
Q.-J. N.
1
7,0iK)OO0
2,573, IRH)
Bond*- Princi-
!
Amount
Rate per When Where Pb.vatne, and by
Value. Outstanding
Cent.
Whom.
Payable
1863
1871
1872
1873
1876
283
283
1888....
-
I..
3lze, or
of
hoae nonds
Louis (Pac. RR. of Mo.).
15^
1st M. :-..-ond. Br..'Pac.RR. of Mo ),iruar
3d M. (covering all p opcrty of Pae. RR. of Mo.). 299
21
1 evenwo!th Atot. A N. W., 1st inort., guar
1st niort. on St Lnils A Lexington (Mo. Pae.)
0*
< on^ol. M.,g., #30.000,000
res'd)
*1 5,236,000
1,060
Collateral trust bonds, gold ($15,000,000). ..c*Ar 1,120
80
Lrr. ACauey VaLRRlstM.g.gu. (#10,000 p.m.)o*
75
Verdinrls Vail. Independence *W.,lst M.,g., guar.
8t.
Date
Pacific-Stock
1HM.,
(Pac. Kit. of Mo.) extended In
2dM. (Pac. RR. of Mo.), (8. f. #50,0001
1st niort on depot In
XLIX.
[Vol.
.
-
g.
M. a"n. New York and London. Nov.
J. A J N.Y.Ke3Sler&Co.54Wall July
1,
1,
1938.
1900
I
and a
foreclosure suit
C. Cross and George Eddy were miles; Little Rock A Ft. 8. and Little Rock June., 172 m.; Kan. A Ark.
Large claims for advances were Valley, 83 m.; total, 1,375 miles. Grand total Missouri P<jiflo mileage.
was begun; H.
appointed receivers In Oct
,
1888.
made by the Missouri Pacific Co., lessee. See
Committee, CHROMCLE, V. 47, p. 257, 440.
report of Investigating
The International A Great Northern Railroad had been foreclosed In
1879 and was acquired by Mo. Kan. A Tex. In May, 1881, by an exchange of two shares of Missouri Kansas A Texas stock for one of
International A Great Northern, and the Int. A Gt. N. stock (97,284
shares) Is held In the treasury of the M. K. A T.; but in Apr 1, 1889,
they were prohibited from voti ig it by an injunction. Default was
malic on 2d mortgage in March, 1889, and on the 1st mortgage in May.
1889. Receivers were appointed Feb. 16, 188rf, and again by the local
Texas courts, leading to some conflioc of autht rity. (See V. 48, p. 251,
3 .'6.
A
A
HenG. N. guarantees $2,000,000 of Galveston Houston
V. owns $400,000.
derson 1st niort. 5 per cent bonds, or which M. K.
Git. Nor. (partly estimated) ^ ere
In 1888 gross earnings of the Int.
I.
A
A
92,949,227; net over expenses, $395,891; fixed charges, $916,230; deficit, $520,339.
8took and Bonds. M. K. A T. has ranged as follows since '77, viz.:
78,
in '79, 53s35%;
in' 83, 19^^34 '8
in '87,
27>s;
263842ta;
2la3>4;
;
li*344;
ln'80,28i49i4; in '81,34 T854 in '82,
in'84,9i23i4; In *85, 14^^37%; in '86,
in '88, 10al83s; In '89 to Ju y 19, In;
clusive, 10 14.
The consol. niort. 7s, due 1904-6, had a sinking fund of 1 per cent a
year, beginning In 1874, but the sinking fund has not been fulfilled.
An analysis of the general mortgage of 1880 shows : Reserved to
retire underlying bonds on old road, $18,535,000 sixes; issued on
account of new road built or acquired, $17,924,000 sixes; total sixes
authorized to date, $35,815,000. Fives issued for incone bonds and
total genl. consols, outstanding, both 5 and 6 per
scrip, $9,340,000
confusion
cents, $v;7,264,0o0. Theie has been som
regard to the
number of bonds listed at the Stock Exc.ha , <e and the amount cctua)i\
outstanding, since the numbers from 1 to 18,217 originally reserved to
retire prior liens, have been listed ever since 1881 ; also theflvesare
listed in the fame series of numbers with the sixes, embracing the numbers front 28,217 to 45,8)5 inclusive. See abstract of consol. niort. of
1871 in Chronicle, V. 47, p. 227, and of general consol. of 1880 in V.
47, p. 17 0.
A report of earnings for year ending Sept. 30, 1888, was in V. 43, p. 81,
and the gross and net earnings by dlvn ions lor the three months, Nov.
1, 1888. to Feb. 1, 1889, were In V 48, p. 556.
No report for year 1888 was issued. The Missouri Kansas & Texas
annual report for J 887, in V. 46, p. 380, showed:
;
m
Miles of road operated Dec. 31...
Earnings
Passengers
n
fi
Fright
Mail, exjj
-!
an' miscellaneous.
Totalearn,-.
Operating expenses
Neteamings
l.atio of earnings
1885.
I,3d6
1886.
1,386
1387.
1,611
$1,532,713 $1,575,920 $1,654,270
4,833,860
5,470,742
5,29.: 344
427.082
404,982
420,109
,)6,353.655 $7,451,644 $7,366,723
i 055,101
4.228,751
5,.' 00,140
$2,798,504 $3,2-'2,80 $l,866,58i
59"1
56/4
7466
INCOME ACCOUNT.
Receipt*
Net earnings
Dividends, Ac
Total net income
1885.
1886.
$2,798,554 $3,222,890
189,799
126,453
$2,988,353 $3,349,343
1887.
$1,866,583
Disbursements
Interest on bonds
$2,439,427 $2,483,363
Taxes, rentals, Ac
310,646
1,502,022
Total disbursements
$2,750,073 $3,985,385 $3,207,262
Balance for year
+$238,280 -$6.6,0*2- $1,298,803
*
Of this about $800,000 was pa.d to Int. A Gt. N., in settlement.
-(V.
47.
1,
Control of St. L. Ark.
188*, 4,994 miles.
A
Tex. was acquired
by purchase of bonds.
Organization, Leases, Ac The Pacific Railroad of Mo. was sold In
The present company was a consolidation In
Aug., 1880 embracing the Missouri Pac. and a number of minor roads.
The St. Louis Iron Mountain A Southern stock was taken up with
Mo. Pac. In May, 1881, on the basis of three shares of Mo. Pac. for four
shares of Iron Mt., and the St. I.. A Iron Mt. stock it held by Mo. Pac.
Stock and Bonds. Under the new regime the payment of dividend*
was begun on the present stock in '80, In which year 1 tj p. o. was paid.
Dividends since have been in '81, 6; in'82,6H; iD '83 io'87 incl.,7; in
'88, 5*4 in 'o9 to date, 3. Range of stock prices sinoe '82 has been as follows: In '83, 86a 106 78 ; in '81, 63>100; In '85. 89>4111%
in '86,
1004i9119; in '87, 84% 4112; in'SS 66*4 889%; in '89 to July 19, Inforeclosure Sept. 6, 1876.
:
368.1
The
Jan.
in Oct., 1888.
p 21, 140, 170, 188, SM7, 256, 257. 285, 353, 381, 440. 490
594, 626, 664, 708; V. 43. p. 159, 326, 368. 36->, 398, 462,
556, J 89. 602, 730, 764, 799, 828, 854; V. 49, p. 2i.)
4t>0.
527'
;
clusive, 64 ij<j>77.
The consol. mort.
above is for $30,000,000 trustees John F Dillon and
Edward D. Adams. Of the cousol. bonds the balance unissued is in the
hands of trustees to redeem prior bonds as they fall due. See abstract
of mort. oontiining descriptions of prior liens, Chroniclk.V. r7. p. 237.
The collateral trust bonds dee lal7 (Union Tr. Co. of N.Y., Trustee) ar*
secured by mortg. bonds of new railroads at $12,000 or $15,000 i>er m.
For securities pledged, Ac, see Chr inicle, V. 46, p. 678. The Leroy A
Caney Val. RR., in Kansas, 3o m., is leaned and bonds guarantsed t y Mo.
Pacitlc as also the Verdigris Val. Independence A Western.
Operations. Finances, Ac The earnings below are for the Mo. Pao.
and branches, 3,119 miles) for, notwithstanding the merger of St. L. A
Iron Mt. stock, the operations of the roads have been kept separate and
;
are so reported.
The annual report in Chronicle, V. 43, p. 365, had the followin :
The actual detlclt iu income account for 1388, after charging 3*s per
cent dividends, was $1,641,554, but the company carried forward
a nominal surplus in its balance sheet at the end of 18o7
mnting to
$6,036,604, and the deficit of 1838 was oharged against that.
The report says: The company basin its treasury, as an o-lset to the
construction accounts, and inclusive of securities underlying the trust
5 per cent bonds, $29,000,000 of first mortgage bonds of the branch
lines and $66,537,607, nominal value, of shares.
The annual report ot Mo. Paoifio for 1888 was in the Chronicle, V. 43,
The earnings and income account were as bel>w. The gross
p. 365.
earnings, operating expenses and surplus earnings of all line* operated
for the years 1837 and 1888 Wt re as follows:
1887.
Ino. or Decrease.
1888.
Ino.
982
Miles operated, average...
4,813
3,831
Total earnings
$22,189,453 $23,519,999 De\ $1,330,545
Total expenses
14,638,270 Inc. 1,214,571
15,852,842
m
$8,831,7*9 Dae. $2,515,117
$6,336,611
Surplus earnings
62-24 p.o. Iuc. 9-20 p.c
Ratio op. exp. togrjssearn. 71-41 p.o.
For the Mi.-souri Pacific proper and branches (3,119 miles) the eport
was as
fo.lows:
EARNINGS AND EXPENSES.
missourl Pacific. Road Owned and Oi'ERated Operates main
RR
j
;
,
m
1836.
1,488
Miles operated Dec. 31
188".
2,796
1888.
3,119
Earnings
Passengers
Freight
Mail express and miscellaneous.
$2,020,597
5,518,2B6
1,106,127
$2,93 ',725
7. 90,944
1,647,967
Total earnings
Operating expenses
$8,645,020 $12,979,589
8,286.594
5,238,723
12,378.641
9,411,980
$3,406,297
$4,692,995
$2,9U6,66l
1886.
$3,406,297
1,360,832
1837.
$-1,692,995
$2,')66,661
3,014,262
941,376
$4,767,129
$7,707,257
$3,908,037
$1,875,470
2,531,770
$2,349,407
3,c08,174
7
762,265
$2,535,718
-1,539,120
Net earnings
INCOME ACCOUNT.
Receipts
Net earnings
Dividends, interest,
line St. Louis, Mo., to Omaha, Neti., 496 miles; Pleasant Hill Mo to
Joplin. Mo.. 133 miles; Verdigris Valley Independence A West.
ai d
exten - Leroy to Deei ing, Kan., 8 1 miles Lcroy A Canej Valley Roper
to Peiu, Kin.. 52 miles; small lines, principally in Kansas and MIseouii, 654 miles; total Missouri Pacific system proper, Jan 1 1889
1,416 milia. Also operates '-Branch lines," including the following -'
The Council Grove Osage City A Ottawa. 7i> miles; Topeka Salina &
Western, 71 miles; Council Grove Smoky Valley A Western 27 milesKansas A Colorado, 126 miles (wi h hranoh of 10 miles) ; Denver Memphis A AtL. We-tern Div., 139 miles; and Pueblo A State Line 151
which form a continuous line from Ottawa. Kan, to Pueblo
liilles
Col 540 miles, and have total mileage of 5*4 miles; Kansas Ft. Scott A
Wichita Ft. Scott to Kiowa, Kan., and branches. 304 miles- Denver
Memphis A Atlantic Eastern Div., Chetoka to Lai-nod. Kan. 272 milesother Hues, 543 m. total " Branch lines," Jan. 1, 1889, 1 70S
Missouri Pacific and branch lines, Jan. 1. 1889, 3.119 miles. Also operates
Central Branch Union Pacific, 38s miles; Sedalia Warsaw A Southern
Bedalia to Warsaw, 42 miles; St Louis Iron Mountain A Southern 1 lyo
;
;
Ao
Total net income
Disbursements
Interest on bonds
Dividends paid
Rate of dividend
Taxes, rentals, Ac
Commissions on bonds
Loss on St. L. A San Fran, stock
7
653,992
1888.
*3
941,523
250,000
283,230
Total disbursements
$5,061,232 $6,119,846 $3,549,591
Balance for year
$294, 103 +$1,587,411
1,641,554
"The dividends actually paid in the year 1838 were 5U per cent, but
the income aocount in the report gives only 3 >, as above.
8t. Louis Iron Mountain A Southern. St. Ixiuis to Texarkana,
Texas Line, 490 miles branch lines, Mineral Point, Mo., to Potosi, Mo.,
4 miles; Bismarck, Mo., to Belmont, Mo.. 120 miles; Poplar Bluff, Mo.,
to Bird's Point, Mn. (Cairo), 71 miles; Gnrdon, Ark., to Camden, Ark.,
34 miles; Knobcl to Helena, 140 miles; Newport to Cushman, 40
;
July,
KAILROAD STOCKS AND BONDS.
1889.]
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NEW ORLEANS" j
NASH. /V.
I
DC A
INVESTORS'
fl'2
SUPPLEMENT.
[Vol XL1X.
Subscribers will confer a great favor by giving Immediate notice of any error discovered in these Tables.
DESCRIPTION.
Miles
for explanation of column headings, Ac, see note
on first page of tables.
Morgan- 1 La.<l Tex
1
1st M.(N.
O.toMorgan
1st mortgage, Alex. Extension, gold
or ris it Essex Stock, 7 p. o. guar. D. L.
M1st
'2d
City).o*
AW
mortgage, sinking fund
mortgage
Convertible bonds
Gen. m. A 1st on Boonton Br. Ac. (guar. D.LAW.l
W.c&r*
Oonsol. M. (for $25,000,000) guar. D.
Special real estate bonds
:4ashua it Loweli Stock, 9 p. c ren'l, 02 y rs, B.AM.
Bonds not mort. ($100,000 are g. 5s, J. A J.,1900).c
Satktitle Ohatlanoaqa rf SI. Louis Stock
LA
1st mort. (for $6,800,000), coup
mort.. gold or silver
c*
2d
"Bonds held by U.
8.
c*
Government
let M. on Fayette. A McM. bre. ($6,000 p. in ) . .c*
o*
1st mort. on Lebanon Branch
let M. on Jasper Br. ($90,000 are 8s, due 1906) e
o*
let M. on Centrcvlllo Branob, gold
let M. on Tracy City Br. (Tenn. C. A I. RR.)....o*
1st M. on Bon Air Br., 10-SOs, $20,00t> p. m. ..c*
-Coiuol. M., g (for $20,000,000), $20,000 p.m..c*
U'K-k River KR., let
$6,000 p. m., aesumed.c
M
2d inert., assumed
If ashrille it Vecatur Stock,
guar'd 6
p. o.
by L A N.
1st mort. guar. s. f. ($200,000 hold In stook fund)
Kash.Ftor.it Sheff- 1st M.for$2,500,000,g.,guar c
Aashvitle it KnoxrillelBt mort. for $2,000,000.. c*
Hatches Jackson it Cofum. 1st M.$12,500 p.m.,g. c'
Saugatuek St'k, 10 p. o. ren'l, 99 yrs., N.Y.N.H. AH.
r
1st mortgage
Hesquehon Val Stock, 5p.c.guar. till 1904.L.C.AN
July,
EAILROAD STOCKS AND BONDS.
lPSS*.]
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Sanderson
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V
VERA CRUJ
04
INVESTORS'
SUPPLEMENT.
Subscriber* will confer a great favor by giving Immediate notice ol any
DESCRIPTION.
Miles
For explanation of column headings. Ac, see notes
on first page of tables.
Nevada Central 1st M..g., Income (sinking fund)..
Newark it Hudson 1st mortgage
Newark Somerset <t StraUsv., O. 1st mortgage
Newburg Dutchess <t Connecticut Income bonds.. r
New
New
Castle
<t
Bearer Talley Block
consolidated
c*
lltiren d Derby 1st niort
c"
2d mortgage
N. Har.it Northamp 8l'k,guar.99yrs.N.Y.N.H.A H.
c*
1st mortgage
Bpij.iW., leased. 1st 4 2d M., ($200,000 gu.).o*
Cocec sink, fimd $15,000 per yr. not drawn o*
,
I.
Worthern Extension
Bonds convertible
into stock
o*
o*
New Jtrscy Junction- l6l M., guar, by N.Y.Cent.c&r
New Jersey <t New fork 1st St. (reorganization). c
2d mortgage
hew London Northern
r
Stock
2d mortgage
Consol. mortgage ($300,000 are 4s)
Newjiort tiews it Mississippi Valley 8toek
Orleans <t Gulf 1st com ol. niort, gold
Orleans <t Northeastern Prior lien mort
1st mortgage
New
New
o*
o
*
o*
c*
N.T.Brooklyn it Man.Beach N.Y.4 M.B. 1st M..C'
N.Y.B.4M.B., 1st consol. M., gold, guar by L.I..C*
1st M., 8ter.,guar. D.4 H. Can.-C*
JT. F. <t Canada
if mo Torfc Central it Hudson Rtver Stock
Debt certificates (N. Y. Central) ext. 10 y"rs, '83..
.___
N. Y. C. 4 H., J $30,000,000 j con
or ree }
P on OT
*"{
mortgage ... } *2.000,000 J
Debenture bonds (to be incl. in any new moit.).c4r
[Vol. XLJX.
en or discovered
In these Table*.
RAILROAD STOCKS AND BONDS.
July, 18S9.J
95
Subscribers will coaler a great favor by giving immediate notice of any error discovered in these Tables.
Bonds PrinciINTEREST OB DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
pal, When Due.
Amount Bate
of
Par
For explanation of column headings, Ac, see notes of
per When Where Payable, and by Stocks Last
Bo ad. Bonds Value. Outstanding Cent. Payable
Whom.
on first page of tables.
Dividend.
ir.T.Ohie.it St. Louis 1st mort g., 8. f., not d'rn.c*
1st A 2d M., income
tf. T. dt Greenwood Lake.
B. J. a Harlem Com. and pref stock, 8 p. c.N. Y. C.
,
.
513
40
151
132
214
200
200
C
Consol. mort., coup, or reg
T. Lackawanna dt Western. Stock, guar., 5 p.ct.
o*
1st mortgage
2d mort., guar, by Del. Lack. & West
JT. JT. Lake Erie dt West. Stock, common
1,635
Preferred stock, not cumulative
1,635
446
If. Y. A E., 1st m., Plerunont to Dunkirk,N.Y.,ext.
446
do
2d mortgage, gold (extended In 1879)
do
3a m., gold (ext. 40 years at 42 p. et.) 446
465
do
4th m., gold, (ext. in 1880 at 5 p. ct.)
465
do
5th more, ext. in 1888 at 4 p. c, gold.
60
Erie K'y, 1st m., Buffalo Br., Hornellsv. to Attica
o
Long Dock Co., 1st mortgage
do
Con M., g., ($7,500,000) red. at 110. c*
526
....o*
.Erie B'y 1st consolidated mort., gold, $ A
526
H. Y. Lake Erie A West, funded coupon bonds
c*
534
do
1st lien bonds, g
do
2d con. A f und. cp. bds c*
do
do
If.
.
do
do
income bonds (non-cuin.)
fc ?p.bds(red.l05Aint.)
do
do
Collateral Trust bonds, gold, s. f. drawn at 110...
Car trust bonds, ser. C to G, incl., part pd. every yr
N. Y. Car., trust, '88, series A, (guar, by D. A H.)
c*
Newburg A N. Y., 1st mort., ext'a in 1889
Jf. T. <t Massachusetts 1st mort. (for $2,750,000)..
JT.r. dt If. England Stocti ($20,000,000 auth'rized)
Preferred stock, 7per cent cumulative
c*
1st mortgage ($6,000,000 are 7s)
cir
2d M., part scaled ($4,002,000 are 6s)
Mort. notes A con't 11ab.,$l 00.000, due Sept.l.'89.
12
113
490
321
321
1887
1875
$1,000 $19,890,000
100 Ac.
2,700,000
50 10,000,000
4
1872
7
12,000,000
1,000
100 10,000,000
1*4
18S0
6
12,000,000
1,000
1883
5
5,000,000
1,000
100 77,363,500
100
"e"
8,149,400
1847
7
1,000
2,482,000
1879
5 g.
1,000
2,149,000
1853
1,000
4,618,000
4>g.
1857
1,000
2,926,000
1858 500 Ae.
709,500
1861 100 Ac.
182,600
1863
1,000
3,000,000
2*1885
6 g.
1,000
4,500,000
1870
1,000
16,890,000
1878 500 Ac.
7 g.
3,705,977
1878
1,000
2,500,000
1878 500 Ac. 33,597,400
1878 300 Ac.
508,008
1885
1,000
4,025,760
1882
1,000
3,458,000
SI:
6 A5
1,000
5,292,360
1888
5
1,000
382,000
1868
1.000
5
250,000
1888
5
1,000
(>
100
19,734,000
100
2,450,000
1876
1,000
10,000,000
1882
1,000
5,000,000 3 to5 A6
77-87
1,753,335 var.4to 6
"H
6A7
and $143,172 2d
New
Brooklyn A Manhattan Beach. From
l'ork
Fresh
Co.
Y, Union Trust
None paid. N.Y., Gr. Central Depot.
N.
&
J.
do
do
do
If.
A
A W.
do
do
do
do
do
do
S.
S.
do
do
do
do
do
do
do
do
N. Y., 21 Cortlandt St.
Var.
J.
J.
A.
A
do
do
J.
J.
A
A
May, 1900
1, 1889
1, 1921
Aug. I, 1923
July
Jan. 15, 1884
May
A
A. A O.
J. A D.
do
do
J. A J.
J. A D.
do
A. A O.
do
M. A S. New York and London,
M. A S.
do
do
M. A N.
do
do
J. A D.
do
do
J. A D. Last paid Dec. 1883.
J. AD
M. A N. New York A London.
M.
1937
Oct. 1.
Nov. 30, 1908
July 1, 1989
April
N.Y., 21 CortlandtSt.
Yearly.
A N.
M.
do
N. Y. by D. L.
do
do
1897
1919
1923
1,
Oet. 1, 1920
June 1, 1923
July 1, 1891
June, 1893
Oct. 1, 1935
Sept. 1, 1920
Sept. 1, 1920
Dec. 1, 1908
Dec. 1, 1969
June 1, 1977
Deo. 1, 1969
Nov. 1, 1922
1,
Sept. 1,
Mar.
1900. '02, '05
$63,000 Jan. 1
1, 1929
1938
Jan.
O.
m.'a"n. Bost'n Of.,244Fed'alSt. May 1,
A J. Bos.,8afeDep.AT'stCo. Jan., 1,
F. A A.
Boston.
Aug. 1,
Various
Boston.
|8ept.'89,
1889
1905
1902
J.
New York Chicago A St. Lonis Kail road.
A
Ohio bonds
pref. stock, and $1,590,800 Cb.es.
of 1918. Company leases the first two of these roads, aggregating 531
miles, the former for 50 years and the latter for 250 years, agreeing
to pay fixed charges so far as net earnings suffice, any surplus up to 6
per cent to be divided to lessor companies, and the excess retained by
the lessee. Offices of Co., No. 23 Broad st. and New Haven, Conn.
(V. 45, p. 211; V. 48, p. 589.)
pref.
A O.
A.
& J.
M. A N.
Q.-J.
J. A J.
P. & A.
A.
F.
to '9
S
Owns from Buffalo.
N. Y., to Illinois 8tace Line, 512 miles; leases in Buffalo 1** miles;
nois State L'.ne to Chicago, 9 miles total, 523 miles.
Illi-
;
The former Railway
Co. was formed in 1881 and became known atr
the "Nickel Plate." Sale in foreclosure took place May 19, 1887, and
the present company was formed in September, 1887. The first pref.
stock is for $3,000,000. and has a 5 per oent preference, non-cumulative, and the preferred stock for $11,000,000 has next
preference for
5 per cent, non-cum.; common stock is $14,000,000; par of all $100.
sinking fuud of $100,000 per year is provided when the net earnings are
$900,000 or upwards, if bonds can be bought at or below 102 ; if not,
the stnking fund lapse* for that year, thus leaving $lo0.O0Jmore for
A
Pond Junction to Manhattan Beach, and branches to Bay Bidge and
Greenpoiat, 20 mile*. This was a consolidation Aug. 27, 1885. leased
lor 99 years from May 1 1882, to the Long Island BR. Co. at 35 per
cent of gross earnings, but the rental guaranteed to be at least $95,930
in each year; 1st consol. bonds are endorsed by L. I. BR. on application. dividends. Like Shore A Mich. Southern owns $6,240,000 common
Stock Is $350,000 com. and $650,000 non-cumulative pref. (par $100). $6,275,000 2d pref. and $2,503,000 1st pref. stock. See abstract of
and 5 per cent per annum is paid on the latter semi-annually A. A O. mortgage (Central Trust Company of New York, trustee). V. 45, p. 541.
Large expend tures are being vie from earnings for renewals, Ao.,
by L. I. BR. Co. In year ending Sept. 30. '08, rental was $103,250 and
charged to operating expenses. Fro.u Oct. 1, 1888 to Men. 31, 1889
deficit under interest and dividend $1,125. (V. 46, p. 353.)
(6 months), gross earnings were $2,517,737, against $2,728,632 in
from
Owns
N.
York
Canada.
Whitehall,
Y., to Bouse's 188 7-8; net
earnings, $483,898, against $7ol ,735: deficit under interest,
Point, N. Y., 113 miles; branches: Ticonderoga, N. Y., to Baldwin, taxes and rentals, $7,341, against surplus of $203,173.
N. Y., 4 miles; Plattsburg, N. Y., to Ausable, N. Y., 20 miles; West
For the calendar year 1383 earnings were given in V. 48, p. 539.
Chazy to Province line, 13 miles; total operated, 150 miles. Leased in
For the year ending September 30, the earnings were
perpetuity and virtually owned by the Delaware A Hudson Canal Com1887-88.
1886-87.
pany, which guarantees the bonds, and his $3,S95,666 Invested iu it. Gross
earnings
$3,064,175
The stock is $4,000,000 par $100.
$4,569,590
3,957,875
In 1887-8 gross earnings were $922, Q 00; net, $330,207; surplus over Operating expenses
3,242,082
interest, $93,625. V. 46, p. 228, 610; V. 47, p. 140, 776.)
Net earnings
$1,106,300
$1,327,508
York Central
Hudson. Like of Boad. Owns from
998,178
'292,273
Hew York City to Buffalo, N. Y., 442 miles; branches on New York Fixed oharges
Central division, 290 miles; total owned, 732 miles; lines leased
Surplus
$108,122
$1,035,235
West Shore Kit., 426 miles, and branches, 22 miles; Troy A Greenbush,
6 miles; Niagara Bridge A Canandaigua, 88 miles; 8puyten Duyvil
*
Interest on bonds not Included.
Port Morris, 6 miles; N. Y. A Harlem, 136 miles; N. J. Junction, 5
(V. 46, p. 200, 480, 573, 650; V. 47, p. 563, 594; V. 48, p. 100, 260.
miles; total, 688 miles; grand total, 1,421 miles. The second track 589.)
,
m
;
A
New
:
;
A
New
A
owned and
leased is 877 miles; third track, 313 miles; fourth track,
391 miles; turnouts, 328 miles making a total of 2,432 miles of track
the company, and 1,297 miles leased, 3,729 miles In all.
Also operates the Dunkirk Allegheny Valley A Pittsburg Railroad, 104
owned by
miles, but reported separately.
Organization, Ac. -This company was formed by a ccrsolidation
New York Central and the Hudson River railroads Octobel
The New York Central was a consolidation of several roads
under a special law of April 2, 1853. The Albany A Schenectady Railroad, opened September 12, 1831, as the Mohawk A Hudson, was the
llrst railroad built In the State of New York. The Hudson Biver Ballroad was chartered May 12, 1346, and road opened October, 1851. The
West Shore Bailway was leased in December. 1885, for 475 years.
Btock and Bonds. The famous scrip dividend of 80 per oent on the
capital stock of the New York Central was made in December, 1868.
and on the consolidation witn the Hudson Elver road (Nov. 1, 1869) a
further dividend of 27 per cent was distributed on the New York
In Nov.,
Central stock and 85 per cent on the Hudson Biver stook.
1879, 250.000 shares ($25,000,0001 were sold to a syndicate of bankers
by Mr. W. H. Vanderbilt at the price of 120, and 100.000 shares sold
afterwards. In Dec, 1885, a lease of the West Shore Bailway was
taken for 475 years anil the bonds of $50,000,000 at 4 per cent guaranteed, by N. Y. C. A Hud., and $10,000,000 West Shore stock taken as
Dividends of 8 per cent per annum had been paid
consideration.
since 1868, bntin 1885 only 3*2 percent was paid, and in 1886 to 1888,
inclusive, 4: in 1889 to date, 3. Prices of stock since 1878 have been:
In 1878, 103\3115; in 1879, 1129139; in 1880, 122315538: in 1881,
13014*155; in 1882. 123=8^138; in 1883, lllial29i; In 1884,
831*8122; in 1885, Sl^aiO?^; in 1886. 9884*11738; in 1887, 101
114b; in 1888, 103a 111; in 1889 to July 19, inclusive, 105 W\ 10>s.
Operations, Finances. Ac The New York Central A Hudson
Biver BE has an exceptionally rich local traffic, but the profits also
depend very much upon harmony among the trunk lines.
The statement !or the quarter and 9 mos. end. Jure 30, 1889, June
being partly estimated. Is as follows:
9 mos. end. Juni 30. -n
/Quarter end. June 30.-*
Of the
1, 1869.
W
1389.
"Gross earnings.. $8,785,000
Oper. expenses.. 5,917,000
Expen. toearns. 107 3 p.c.)
1888.
$.46.^,37
5,805,3(0
Ci8-54pc.)
Net earnings $2. "68, otF7 $2,664^76"
First charges.
..
Profit
1,903.000
$905,000
Dividends (lp.o.
894,000
1, C54,80
$709,616
1889.
1883.
A
;
;
Hewitt, President.
(V. 43, p.
826
)
New York A Harlem. Owns
from New York City to Chatham,
From Chatham to Albany, 24 miles, the Boat. A Alb.
This company owns the Fourth Avenue street railroad.
The property (except the horse railroad) was leased April 1, 1873, tor
101 years, to the N. Y. Central A Hudson Biver BB. at 8 per cent diviidends on the stock and the interest on the bonds. The prefT stook is $1,361,350, balance common. The Fourth ave. horse railroad has paid
dividends annually in April, and these since 1876 have been In 1877
127 miles.
S. Y..
RR.
is
used.
:
2 percent; from 1878 to 181. Inclusive, 3: from 1882 to date, iuclu
slve, 2. All operations included in N. Y. Cent. A Hudson.- (V. 47, p 50.
New York Lackawanna
.V 'Western.
(See Hap of Del. Lack
to Buffalo and International Bridge and
214
ouilt
under
the
miles;
Branches,
auspices of Del. Lack. A Western,
to which company it is leased for 99 years, with a guaranty of the bonds
and 5 per cent yearl von the stock (endorsed on the certificates). Owta
D. L. A W. o.er$1.150,000for advances.
New York Lake Erie A Western. Main line Jersey City to
Dunkirk, N. Y., 480 miles, with branches 576 miles total 1,036 miles.
O vns -Pierinont, N. Y., to Dinkirk, 446 miles: branches New Burg. 19
m.; Buffalo, 61 m.
Newburg A New York BR., Vails A Ga'e Juno, to
Greenwood June., 13 m.; small lines (stock owned) 10 m.; total owned
549 miles. Leases Jersey City to Sufferns, N. Y. (several small roads).
3 1 m JeftVrson BB., 45 m.; Buf. Brad. A Pitte., 26 m.; Buff. N. Y. A
Erie, 140 m.; Suspen. Bridge A Erie June. 24 m.; Boch. A Gen. Vat., 18
Buff. 4 8. W., 66 m.; Northern of N. J.,
m.; Avon Gen. Mt. Mor., 18 m
l-i m.; other small lines, 93 m.; total leased, 487 m.; total d. Y. L. E.
W 1,0 6 m. Also leases (since 188 ') N. Y. Penn. A Ohio an 1 branches,A
599 miles. Total operated 1,6 (5 miles.
Organization, Leases, Ac The New York A Erie RR. was chartert d
April 24, 1832, and opened to Dunkirk April 22, 1851. Reorganized
as Erie Bailway Co. in 1861, and sold under the second consolidated
mortgage in 1878; reorganized as at present June 1, 1878. The Long
Dock Co. has stock of $800,000, all owned by the N. Y. L. E. A W.; its
property consists of lands and lands inder water, about 577 acres, with
piers, buildings, &c. The N Y. L. E. A W. Coal A RR. Co is an auxiliary
corpora ion from which advances i>f $2,047,081 are due, as per balance
<t
West.)
From Binghamton
;
:
;
$25,990,000 $26,642,858
17,390,000 lt-,077,899
(66 90 p. c
(67- 85 p c.)
)
$?,60<>,0U0
5,890,000
$2,710,000
$-,5'4,!)59
5,864 ,580
$2,700,379
894,283
2,683,000
2,682,819
Balance
'tir.$l 1,000 df $184,66i
sur.$27,OO0 but $17,530
Annual report for 1887-88 In Chbonicle, V. 47, p. 706,
Year
Net Income, Divlover exp., dends,
Gross
ending Passenger Freight (ton)
Bep. 30. Mileage.
Mileage.
Beceipts. int.Arents. p. c. Surplus
1885 .433,397.774 2,1.(7. H2-4.205 $21,429,441 $2,176,342 3"s$'953,651
176,123.729 2,414.266,463 30,506.362 4,650.100 4 1,072,968
1887.528,308.742 2,704,732,176 35,297,055 5,147.509 4 1,570,377
1888 .559,316.001 2, 399,501, lot 36,132,920 3,657,118 4
97,986
Deficit. In 1381-5 total deficit was $2,295,072.
(V. 47, p. 21,81, 17-, 381,395,683, 106,802; V. 48, p. 855.)
quarterly)
New York Greenwood Lake. Owns from Jersey City, K. J.
Greenwood Lake, 48 miles branches
Bingwood Junction to
Rlngwood, 2 miles total, 50 miles. This was the Montclair A Greenwood Lake, sold October 12, 1878. The New York Lake Erie A Western
purchaseo a controlling interest in the property and now operate it
The holders of the 2d mort. of $1,800,000 have a right to pay off the
1st mort. bonds of $900,000 at 105. Stock $100,000. Gross earn inga
in 1887, $243,546; net. $8,409; pavmeuts. $30,173; deficit, $21,764.
Gross in 1883. $265,653; def., $10,474; payments, $12,378. Abrani 8.
to
,
sheet of Sept. 30, 1883.
Stock and Bonds. Preferred stock has a prior right to 6 per cent
(non-cumulativei from the net profits, "a declared by the board of directors," but the U. S. Supreme Court held in 1886 that this stock has
no legal right to claim a di /idend, though netearnings are sufficient.
Dividends since 1876 have been: On preferred stook from 1882 to
1884, inclusive, 6 per oent nothing since.
Prices of com. and pref. stock since June, 1878, have been as follows:
In 1880, 3051i
Com. In 1878, 7822's; in 1879,
n 1881.
i
2m49
im;
INVESTORS'
SUPPLEMENT.
[Vol.
XL1X.
July,
.RAILROAD
1889.]
STOCKS AND BONDS.
97
Subscriber* will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
[
Miles
For explanation of column headings, Ac, see notes
on firSt page of tables.
New Eng.lCont.) Boston Terminal bonds..
M. on Rockville KR. for $100,000
New York New Haven <* Hartford Stock
r
1st Mortgage bonds, (for $5.000,000)
Harlem * Portohester, leased, 1st mort. guar. .o*r
do
do
2dM., coup, or reg., guar..
c
N. Y. it Northern 1st mort- sold
c
2d mort., gold, (income till Deo., 1891)
is
Hew York Ontario <t Went Stock ($11,000 pref.).
tr.Y.tt
1st
1st M.. gold, for $4,000,000 (redeemable at 110). e
Consol. M. ($10,000,000) gold.red.at 105 in '99c*
Perm, it Ohio Prior lien.goid, $ A ...c*
1st mort., gold (no foreclosure till 1895,) $ & * c*
c*
2d mortgage, incomes.
c*
3d mortgage, incomes, $ A
Equip, trust bonds, s. f. 3 p. c, cum. (dr'n at 100)
Deferred int. warrants, conv. into 1st M. bonds .
New Castle A Shenango Valley, 1st M., int. guar.
c
Sharon (leased) let mort., gold
1st M.. g.. $16,500 p. m..c*
IT. F. Phila. it Norfolk
Ino omeM., non cumulative, $ 10,000 per mile...r
Stock
Bofem (Stoningtonl
IT. r. trot. &
'
c*
First mortgage, Providence N Stonington
c*
1st mortgage (Stonington to New London)
V.Yit Rockaway Beach 1st M. g., en i'sed by L.I. c*
...r
Income bonds, non-cumulative
N Y. Susqueh.it Western 1st M., g. t Mid. of N. J .c*
1st M., Paterson Exten., 1 m.. and r'l est. gold.c*
First mort., refunding, gold (2d M. on 73 miles).e*
New 2d M. ($1,000,000 gold). 3d M. on 73 miles.c*
1st M..g.,$or
,gu. by So. Pace*
N.Y. Tex.it Hex
Niagara Bridge it Oanan'd Stk,6*rent.,N.Y. Cent.
c*
Norfolk Southern 1st mortgage, gold
New York
$A
.
Date
98
SUPPLEMENT.
INVESTORS'
Subscribers will confer a ureal favoi
[Vol.
XL1X.
giving Immediate notice of any error discovered In tbese Tables.
bjr
Bon d* PrlBCi
INTEREST OR DIVIDENDS.
Date Size, or
pal.When Due.
Amount
Par
Rate per When Where Payable, and by Stoekt Last
column headings, Ac, see notes of
of
Road. Bonds Value. Outstanding
on first page of tables.
Cent.
Whom.
Dividend.
Payable
DESCRIPTION.
Tor explanation
of
Norfolk South.
Con.
2dM.deb,s.f.l'n prior to lno.c
e*
2d lnorUrage, income mot cumulative)
Funded Int. bonds ($270,000 secured by coup'slc*
Norfolk * Water n. Common stock
Preferred (6 per cent) stock
Gen. M..Norfolk to Bristol. 408 m.Abrs.20iu.g..e'
0*
1st M., gold. onNewRiv.dlv
Improv. A Ext. m., gold, ($8,000,000 author'd).C
after
0ct.'94
at
110).c*
M.,
(red'blc
g.
Adjustment
1st M. Clinch Valley Dlv., gold. $17,000 p. m..o*
Equip. b'ds,10 20s, s.f. 3%,drn at 100 aft. May,'98
Car trust
Oonv'ble debent'res (red'ble on 30 days' notice). c'
Norl'k & Petersb'g 2d
.Nor. toPct'sb'g. 81m.c
Boutb Side 1st pref. con.M. ($290,000 extendedjc
2d mortgage, gold, Petersburg $270,500 ext'd.e
3d mort., Petersburg to Lynchb'gAbr.,133 m.o
74
74
554
554
428
126
554
554
115
.
M
c
Enlarged m. (extended in '84)
4thM.. Lynchb'gto Bristol * branch, 214 m..c
till 1901. Rich. A D
Stock,
Worth Pacific Coo*/ 1st and 2d M. (1st M. sink, fd.)
Mo. renn.- Stock, 8
guar. 990 yrs., Phil. A Read
Jlro.
%
Carolina
%
.
2d mortgage
General mortgage bonds
r
Bonds secured by $1,200,000 stock
Stock
Northeastern (S.
o
1st mortgage, provided for by consol mort
c
2d mortgage, provided for by consol mort
c
ConBol. mort., gold (for $1,836,000)
Northern ( Col.) 1st M.,int.guar..($6,300,000),gold.
Amador Branch 1st mort., gold, sinking fund
Sacramtn. APlacer. 1st M. s. t. $20,000 not dr'n.
O
1881
$1,000
$250,000
6
1-iSl
1,000
l.OOO.OOO
1834
300
100
100
6
6
1881
1SS2
1.000
1.000
1,000
1,000
1,000
1,000
345,000
7,000,000
22,000.000
7,109,000
2,000.000
5,000.000
1833
1834
1MS7
1S8*
1,500.000
2,500.000
1,600,000
919,308
525,000
Var's
1MS1
81
133
133
133
214
214
223
76
88
56
1868
"560
1,000
1,000
1 HCS
1868
100 Ac.
100 Ac,
lMtiS
isr.4
1866
1,000
1,000
100
1881
""50
500 Ac.
1881
140
102
102
149
27
48
1869
1869
1883
1877
1877
1877
50
500
500
1,000
1,000
1,000
1,000
This was the New York A Oswego Midland. Main line was opened
July, 1871. Default was made In 1873. The main line was sold In foreclosure Nov. 14, 1879. Present company organized January 22, 1880.
In 1889 the consol. mortgage (Mercantile Trust Co., Trustee) for $1<>,000,000 was authorized $4,400,000 to be reserved for prior bonds, the
remainder for Improvements and the extension io Scranton. They
cover the entire road and branches, and $1,400,000 Ont. Car. A Scranton KR. bonds and $1 ,495,000 stock are deposited with the trustee of
this mortgage. Bee ciicular in full in V. 48, p. iv adv. and V. 48. p. 326.
Guarantees principal and interest $75,000 Wharton Valley RR. first
mort. 5s (M. A N.) due 1918.
Dividend of 12 per cent on pref. stock was paid in 1883 ; none since.
From Oct. 1.1888, to May 31, 1889(8 mos.), gross earns, were $1,046,770, against $1,001,091 in 1887-88; net, $102,859, against$92,182.
In the year ending Sept. 30,1888, gross earnings were $1,^83,697;
net, $255,479; surplus over interest, etc., $50,263. In 1886-87 gross,
$1,480,564; net, $245,609; surplus over interest, Ac., $72,816. See
annual report for 1887-88 In V. 48. p. 99.
(V. 46, p. 75, 255, 610, 678: V. 47, p. 188, 664; V. 48, p. 99, 159, 222,
251, 260, 292, 326, 462, 662.)
A. A O.
Yearly.
Yearly. N.Y., Mercantile Tr. Co,
I
Oct
1,
1,
Jan.
1020
1921
1970
A 1921
Phil.,333 Walnut t.
Apr. 25, 1889
N.Y.Ccnt.Tr.Co.APhil May 1, 1931
do
do
April 1, 1932
do
do
Feb. 1, 1934
do
do
Deo. 1, 1924
do
do
June 1, 1957
do
do
June 1, 1903
do
do
Various.
M'uthly
,t
J.
J.
do
do
Jan. 15, 1894
"
A
do
do
July 1, 1893
i
do
do
1890 A 1900
.1.
,v
do
do
1890 A 1900
J. A
do
do
Jan.1,'96-1900
I.
A
do
do
June 30, 1900
do
J. A
do
Mch. 1, 1909
M. A 8.
Mch. 1, 1889
Burlington, N. C.
M. A N.
San Francisco.
Nov. 1. 1901
Q. F. Phlla. Of., 240 So. 3d St. May 25, 1389
ALA N.
do
do
May 1, 1890
J. A J.
do
do
Jan. 1, 1903
M. A 8.
do
do
Sept. 1, 1905
A N.
A O.
2*- F. A A.
6g.
Q.-M.
M. A S.
5 g. J. A D.
M.
A.
"
e"
496,000
8
399,000 5, 6A8
326,800 5 g.A 6 g.
6
452.800
985.000
5
8
1,000,000
8
4,000,000
1,090.000
4,742,950
1,500.000
4,500,000
1,200,000
900,000
820,000
322.000
694,000
4,464,000
675,000
1.404,000
I*
7
7
6
3
8
8
J.
M.
M.
J.
f *
6
g.
J.
eg.
J.
I.
A
A
A
A
A
A
A
J.
Charleston, Office.
Jan.
do
do
Sept.
do
do
Sept.
N. Y., John PatonACo. Jan.
N.Y., So.Pao.Co.,23 Br'd
do
do
do
do
Jan.
Jan.
Jan,
5,
1,
1.
1,
1,
1,
1,
1389
18fc9
1899
1933
1907
190T
1907
Stock common is $13,000,000; preferred
Jersey aud other railroads.
(cumulative 6 per cent), $8,000,000; par, $100. The New Jersey Midland junior securities were exchangeable into stock of this company
on certain terms, and the exchanges up to Jan. 1, 1889, left $1,37 5. 731
of tho old stock, income bonds and scrip not yet exchanged. The
also $6,000 old lsts of 1911 and $33,500 deben. of 1897 outstanding.
Annual report for 1888 was in V. 48, p. 324.
INCOME ACCOUNT.
1885.
1886.
1897.
1838.
Gross earnings
Net earnings
Other income
Total
.
Dtsburgemcntg
Interest on bonds
Rentals
1,092,355
504,914
1,129,441
491,779
44,023
1,395,186
633.017
27,159
1,445,909
623.910
25,829
504,914
535,802
660,206
649,73*
322,095
25,000
92,352
30,079
327.765
29,500
155,919
34,493
441,120
26,494
411,129
26,497
Car trust obligations ..
2S.00ONew York Pennsylvania A: Onto. Owns from Salamanca, Taxes
85,455
2,541
2,699
H. Y., to Dayton, O., 388 miles; branches to Oil City, 34 miles; Miscellaneous
total owned, 434 miles. Leased lines
other branches, 12 miles
Total disbursements.
Cleve. A Mahon. Val. RR. and branches, 125 miles Sharon RR. (till
469,526
547,677
505,610
498,31*
April, 1981 rental $35,181, 4c.) Sharon, Pa. to Sharon June, and brs., Balance
sur. 35,388 df. 11,875 su.154,596 su.151,429
19 111.; New Castle A Shenango Valley, New Castle to Sharon and Clev.
A Mahon. Val. RRs., and branches, 22 miles; total operated, 600 miles. ' Half interest only paid on N. Y. Bus. A W. firsts and debentures.
Formerly Atlantic A Great Western Railway. Sold July 1. 1871, and -(V. 46, p. 134, 198, 256; V. 48, p. 38, 324, 327, 764.)
again sold Jan. 6, 1880, reorganized, and again leased to Erie.
Five trustees exercise the voting power of the new stock until the third
New York Texas Ac Mexican,- Owns from Rosenberg tomort. bondholders receive 7 per cent interest in cash during three years. Victoria, 92 miles. Stock, $643,040; par $100. There are also $75,509
The first mortgage bonds bear 7 per cent, whatever portion of this that 6s outstanding. In September, 1885, sold to So. Dcvel. Co. and is opermay not be earned to be payable In deferred warrants, to be capitalized ated by the So. Pacific Co., which guarantees the 4 per cent bonds.
In bonds of the same class payment of interest to become absolute not From Jan. 1 to May 31, in 1889 (5 mos.), gross earnings were $52,048,
later than July 1, 1895, and until July 1, 1895, the right to foreclose against $42,736 In 1888
deficit, $26,649, against $26,830. In 1887
the mortgageis suspended. On the second and third mortgages there gross, $170,526; net $22,107. In 1888 gross, $146,527; deficit, $32,883Is no right to sue the company or to foreclose. Stock is- pref. $10,000,Niagara Bridge Ac Canandalgna. Owns from Canandalgua to
000; com., $34,999,350; par $50; the deferred warrants Sept. 30, '88,
were $9,439,760. Bonds above are also secured on leasehold estates,
Suspension Bridge, N. Y., and branch, 100 miles. The road is leased in
A lease to N. Y. Lake Erie A Western from May 1 1883, was moot- perpetuity to the New York Central A Hudson at $60,000 per annum,
fled from April 1, 1887. The rental is 32 per cent of all gross earnings with right of lessee to commute by payment of a gross sum of $1,000,000.
up to $6,000,000, and Increased by 1-10 of 1 per cent on each $100,Norfolk Southern. Formerly the Elizabeth City A Norfolk
100 of gross earnings above $6,000,000 until the gross earnings are
Name changed Feb. 1, 1883. Owns Berkely, Va., to Edenton. N. C, an <*
$7,250,000, and then 33 ^3 per eent of all earnings. But if 32 per cent branch.
84 miles. Capital stock, $1,000,000; par, $100. The holde rs>
of the gross earnings should ever be less than a specified minimum sum
and debenture bonds funded their interest for five yea r
of $1,757,055 to be paid yearly, then the defioit is to be made up without of 1st mort.
and
Oct., 1884, to March and April, 1889, respectively, until
Sept.
interest out of the excess in any subsequent year.
dates the funded Interest bonds bore 3>a per cent interest. Re
wnieli
for
year euding 8ept. 30, 1888, $6,377,967; net, $1,745,963;
Earnings
in process, and securities to be deposited with Atrental to N. Y. P. & 0., $2,097,367; surplus of N. Y. P. A O. after all pay- organization plan
ments. $63,373. (V. 46, p. 201, 320,480; V. 47, p, 22
V. 48, p. 188, lantic Trust Co. Gross earnings in 1888, $2s7,615; net, $54,538 after
for
bett-rments; gross earnings in 1887, including
$27,000 spent
690; V. 49, p. 83.)
New York Philadelphia Ac Norfolk. Operates from Delmar, steamboats, $282,167; net, $77,233; surplus over all payments, $13,558
Del, to Cape Charles, Va., 96 miles, and King's Creek, Md., to Criatield,
Norfolk Ac Western. (See Map) Owns from Norfolk, Va., to
17 miles; total, 112 miles. Buccessorof the Peninsula RR. Co. of Va. Bristol, 408 miles branches Petersburg to City Point. Va., 10 miles;
Has traffic contract till Jan., 1895, with Penn. RR.. which Co. sets Junction to Saltvllle, Va.. 10 miles; short branch s 2 miles; New River
aside 10 per cent gross earnings to purchase first mort. coupons. See Division (Radford to Elkhorn, 84 mile-; Cripple Creek Extension, 39
V. 47, p. 807. Capital stock $1,714,375; par, $100. In nine montht- miles; other, 27 miles) 142 miles; Clinch Valley Division, 24 miles: total
euding Sept. 30, I088, uross earnings were $482,533. against $38rf,6o7 operated Dec. 31, 1838, 594 miles ; under construction, Clinch Valley
in 1887; net, $135,367, against $73,445. A. J. Cassatt, President, Extension, to be completed in 1889.
Philadelphia. (V. 46, p. 228; V. 47, p. 170, 802; V. 48, p. 5S9.)
The Atlantic Mississippi A Ohio RR. Co. was a consolidation of NorNew York Providence dc Boston. Owns from Providence. B. folk A Petersburg, South Side and the Virginia & Tennessee roads it wi
Pawtuxet foreclosed Feb. 10,1881, and was reorganized as the Norfolk A Western.
I., to Groton, Conn., 62 miles; branches, 18 miles; leases
branch road, 6 miles; Frov. .&. Worcester RR., Providence to WorcesCompany also pays 6 per cent on $51,100 pref. stock (par $100) of
ter and btauches. 51 miles; total opeiated, 131 miles. In 1888 arranged Va. A Tenn. RR.
Abstract of Clinch Valley mortgage (FUelity Ins. Trust & Safe D. Co,
to lease Prov. A Wor. RR. for 99 years at 10 per cent per annum on the
stock a-ul Id June, 1889, took possession. Owns a majority interest in of Phlla., Trustee.) was in Chhonicle in V. 45, p. 541.
The Equipment mortgage of 1838 (trustee Glrard Life Ins. Co. of
the Providence A Stoniagton Steamship Line, which has a capital of
$1,500,000. Dividends since 1876 have been In 1877 and 1878, 10 per Phil.) is tor $5,000,000, and covers all equipment and rolling stock ani
cent; from 1379 ti ISM, Inclusive, 8; in 1886, 8 >a; in 1337. 1883 and all car trust obligations purchased with the proceeds of bonds issued.
Preferred stock paid 4 per cent in cash in 1882, 3>s in scrip in 1884,
since, at the rate of 10 per cent per annum. In year ending Sept. 30,
1888. gross earnings were $1,303,169; net, $293,818. adding 8.3. divi- 1>B in cash in 1888 and 1*3 cash, April. 1889.
The range of stock prices sinoe 1882 have been as follnws In 1893.
dends ($84,334), $383,152; surplus over fixed charges, $300,339. (V.
1018; lnl884.1012Jg; in 1885, 8 137s in 1886, 83'27-Ti in 1887,
45, p. 819, 820; V. 46, p. 134, 573; V. 47, p. 713.)
15ie23M in 1889 to July 19, Inclusive. 11
New York 6c Itockaway Beach. Owns from Glendalo Junction 1323"s InIn183,
1883, 3249%; in 1884, 1742; in 1885, 14934 *; in
to Bockuwiiy Bench, 103i miles; leases trackage Glendale Junction to Preferred
In 1887. 34is55 78; in 1883, 41a5S&s; in 1889, to1886,25-35938;
Long Island City, 6 * 1miles; Fresh Pond to Bushwick, 2^ miles; Wood
inclusive, 47i-a53i2.
haven to Brooklyn, 6 * miles; total operated, 26>4 miles. The stock is July M, Jan.
1 to Hay 31 in 1S9 (5 months), gross earnings were
From
$1,000,000; par$100. Coutn led by L. I. RR. Co.. whose endorsement
111,790,
against $1,953,211 in 1888; net, $722,63 1. ngst. $767,539.
4)2,1
N.
Woodhaven
A
Is pr'uted on first nortfage bonds.
Y,
(Formerly
for I8e8 was published in the Chronicle, v. 48,
annual
The
report
Kockaway). In year ending Sept. 30, 1888, gross earnings were $188,- p. 18*, 4k0, and the affairs of the company, its progress, status. Ac,
285; net income, $14,962; auiplua over interest aud discounts, $3,758.
set forth at length in the President's report. The earnings
are
there
(V. 46, p. 572, 850; V. 47, p. 3-3).
w.re:
New York Susquehanna Ac Western. (We .l/V'/>.) -Jersey City aud expenses for four years1885.
1333.
1836.
1887.
toOra\el Place. Penn., lol miles; Two Bridges, N. J., to UniouviUe, N.Y.,
594
510
533
554
Miles
owM
Aopei'd.
21 miles; other branches, 12 miles; leases Unionville. >'. Y., to MiddleOnrrution?.
town, N. \\, 14m.; Penn. RR. trackage, 3m.; small branches, 6111.; total,
157 miles.
Passenger mileage.. 19,151,534 19,580,000 26,703.579 86,885,815
2-833 ct*.
The New Jersey Midland was sold In foreclosure Feb. 21, 1880, and U .ie repass, p'rin.
3027 ets.
3-122 cts.
8"04 1 eta.
the Midland ot New Jersey was organized. The New York .Susquehanna Freight (tons) iul'ge.295,7sa s7o 403,008,908 541,917,945 669,526,740
A Western was a consolidation In June, 1831, of the Midland of New Kate pel ton perm. 0741 cts. 0-c55 cts. 0-635 ots. 0532 Ots.
;
;
;
:
,
;
;
,
;
:
:
:
;
;
1
1
!
;
July,
1889. J
EAILROAD STOCKS AND BONDS.
99
INVESTORS' SUPPLEMENT.
lOO
xuiKi-rlbm will confer
(treat
Miles
of
For explanation of column headings, Ac, see note*
Road.
on first page of tables.
83
WorUiern. N. H. Stock
northern Central Stock
1st mortgage, State (Maryland) loan
o'
Consolidated mortgage, gold
Consolidated mortgage, gold
Gone. gen. M.,g., s.f., d'wn at 100,
So
do
do
do
c
r
or $
CAD
AA
B..0
$
o
E
0*
2d gen. M.. "A" (s.fM $30,000 yearly)
c*
do
"B."
do
Union RR., 1st i.i-s'di $117,000 end byBalt.City.c'
c
do
2d mortgage (assumed) $ or
Aorln. of Sew JerteuZiX M.now 1st (for $700,000, c
Northt r'n i'nr iir -Pref. stook(8 p. e., not cum'tive)
i
Common
gold,
cold.
.
stock
M. and Id
gr., Missouri Div.. dr*n. at par..o**r
M ami Id gr., P. d'Or. Dlv., dr'n at par. c 'at
Gen IstM Id gr,g.,$25,000p.m.,dr.atll0..c*.*r
cAr
Gen. 2d
g 1. gr.,8.f.,dr. at 110
Gen. 3d M. s. f..notdrn.,g.(for $12,o00,O00>.e*Ar
Dividend certificates, ext'd In '88. red. after '92..
c*
Jas. Riv. Val. KR. 1st M., gold, guar., s. f
o*
Coeur d'Alenc, 1st mortgage, gold
Geu. M..$25.000p. m..g.,gu.,8.f.,dr'natl05.c*
0*
Spokane A Palouse, 1st M., gold, guar., s. f
c*
Duluth A Manitoba, 1st M., gold, guar., s. f
do
do Dakota ex., IstM., g., guar., s.f.
8.
f.c*
Helena A Red Mountain, 1st M., ed., guar.,
No. Par. La Moure A Mo. R.. 1st M..g.,guar..s.f.c*
No. Pac. A .Moulin a, 1st M.,g.,gu..s.f.notd'rn c*r
Cent. Wasb. RR., 1st M., g., gu., s.f., d'rn 105.o'Ar
1st
1st
M
,
Vol.
XLIX.
favor by airing Immediate notice of any crrorjdlacovered la theme Tables.
DESCRIPTION.
Sd mortgage
|
July,
1889. i
RAILROAD STOCK AND BONDS
101
INVESTORS' SUPPLEMENT.
102
siiiii-rlhep
will confer a great favor by giving Immediate notice
DESCRIPTION.
For explanation
of
on
column headings, Ac, see notes
ttrat
page of
tables.
IfllM
Of
A 2d M
drawn at 100
Ohio it Mississippi Stock ($4,030,000 is pref.)
c*
1st general mortgage (for $16.000.000)
1st consolidated inort. ($3,445,000 are s. f.) ....e"
c*
Consolidated mortgage, sterling, s. f
2d cons. mort..(cimi. sink, fund.), no drawing.. c*
Spring. Div. (Sp. A 111. 3.E.) 1st M. ( $3,000,000) .0*
Equipment Tr., 10 perct. drawn y6arly at 100. c'
Cnio it Xort!<irestcm\st rnort., $12,000 per mile..
2d mort., $7,000 per mile, for $1,200,000
OMo Steer 1st mort., gold ($12,000 per inlle....c
Gen'l M., gold (for $3,000,000), 1st on 40 miles.c*
Ohio Southern 1st mort. ($15.000 p. in.) gold.... 0*
2d mort., income, non-cum. ($15,000 p. m.) g...c
)c*
Ohio V alley. A" v. Gen. consol. M. ($20,000 p.
0'
4.11 Colony Stock, $15.000,000
c.fcr
Bonds (not mortgage)
do
Bonds
($2,000,000 F. A A., Aug.'97) c.ir
1st
45
,
int. cert,
m
118
lis
202
342
342
342
623
for
do
Fiamlnghani
393
393
393
222
Lowell bonds
Cenl
1,000
100
2,604,400
4
1877
1871
1*77
1880
1880
1--8
1,000
1,000
1,000
400,000
380,000
600,000
6
8
500 Ac.
100 Ac.
2,529,650
6
6
IH7S1
lOOAc.
isss
1VSH
1688
500 Ac.
500 Ac.
50 Ac
100
1.000,000
7,000,000
2,000,000
854,165
1808
1868
1871
1874
ib'.i
1.880
103
169
209
132
132
1886
1881!
1887
1881
1881
1,000
1.000
200
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100
564
c
Rate per
$1,000
1874
1,000
1,000
1,000
1,000
75*-';
1882
1884
The consol. first mortgage bonds are a first lien on the main line and
acres
on 40,293,225 aores of land, except as to
acres
subject to the two divisional mortgages and
east of the Missouri River which are subject to the preThe issue of bonds is limited to $25,000 per mile
ferred stock.
The proceeds of land sales can be applied to the payment of Interest on
bonds. Instead of principal, if the earnings of the road are insufficient.
Central Trust Co. of N. Y. is trustee. The bonds are received in payment for lands at 110 and interest, and proceeds of land sold must be
applied to redemption of these bonds at a price not exceeding 110 and
interest. Sinking fund of one per cent per annum of the total amount
of bonds issued (the proceeds of land sales being included ns part of
the one per cent) began in 1886, and the bonds may be drawn at 110,
After 1888 a similar sinking fund begins for the 2d mortgage bonds.
* The 3d mort. for $12,000,000 was authorized Nov., 1887 (see abstract
V. 47, p. 22); an accumulating sink, fund begins in 1894 equal to 1
of entire issue yearly for purchase of bonds at 105 p. c, or for their redemption at maturity. The proceeds of land sales are applied to redemption of the divisional bonds at par, and in addition each issue has
a sinking fund of 1 per cent yearly, bonds being drawn at 100.
The James River Valley bonds are issued at $15,000 per mile: Coeur
d'Alene general mort. (Cent. Trust Co., N. Y., trustee) at $25,000 per
mile, and $360,000 of them are held to redeem the 1st mort.; Spokane A
Palouse RK. bonds at $16,000 per mile; Du'.uth A Manitoba and Dm. A
Man. Extension bonds: (see abstract.V 45, p. 273), and Northern Pacific
La Moure and Missouri River at $15,000 per mile; Helena A Red Mt. and
Central Washington 1st mort. bonds at $20,000 per mile; all the foregoing roads are leased to No. Pacific at fixed rentals, providing for the Interest of the bonds and furnishing sinking funds beginning ten years
after the date of issue respectively, which will retire all bonds by maturity, bonds being di awn for redemption at 105. The Nor. Pac. A Montana fs leased in like manner, but none of its bonds can be drawn.
Other reads leased .and guaranteed sufficient earnings to pay interest
are named under Oregon Trans-Continental.
Prices of preferred stock since '79 have been: In '80. 393s a>67 1Q in
%
,
:
49%908;
64%88
Amount
1888
1887
r
A
'
1
in '84, 37>4578;
e; in '82, 66%31003g; in '83,
'81,
In '85, 36hi'a6b'>e; in '86, 53>s366>s; in '87, 41383631s; in '83, 42%
stock:
In '80, 20336
to
Incl.,
SSHiaeS^.
in
'89
64:
July 19,
in '82. 2834354%; in "83, 23353ie; in 84. 14*27; in
In '81,
in '86. 223313a; in '87, 20334%; in '88, 19 78 32934; in
89 to July 19, incl , 25330%.
Common
;
32^51;
85,153m;
3,000,000
()
999.750
850,000
24,09:070
3,624,000
6,501,000
112.0O0
3,649.000
2,009,000
i:,:,.
Di.ii
950.000
517,000
2,000,000
2,380,000
2,100,000
2,100.000
1,960,000
11,966,800
1,692,000
3,600,000
200.000
498,000
XL1X.
ofanr error discovered In these Tables.
Bonds PrinciINTEREST OR DIVIDENDS.
When Due.
ikh:i
1883
.
Bonds
Bonds
or
Par
j
66
r
Bonds
cAr
OhioIntl.it IT.-Ind. Bl. AW., IstM. pref
O. I. A.W. IstM. ($500,000 are pref. bonds) g...c*
C*
2d mortgage, gold
Size,
of
<-.,!" ," ,;
'alue. Outstanding
Road. Bonds Value.
C
Jforlhern Fat-Ter. Co. 1st M..g.dra aft.'92 at 110.
Xrlhirel 4 Florida 1st M., $12,000 per mile. ..e'
Mormch c! Worcester Prof, stock. 8 t> rental
lit M.. principal A Int. guar, by N.Y. AN. E.. ..
Oodensbunj it Lake Champlain Sinking f 'd bond*
Mortgage ootids (redeemable July, 1890)
Consolidated moHgage (for $3,500,000)
Income bonds, not cumulative
Date
[Vol.
5*
6
4
7
5*
i*
T
When Where
A
A
J. A
M. j
M. A
J. A
A. A
A. A
J. A
J. A
O.
N.
O.
J.
8.
8.
J.
O.
O.
J.
J.
Q.-J.
(j.-J.
A
"a
A J.
A J.
A. A O.
M. A N.
A. A O.
J. A J.
A. A O.
5
5g. J. A D.
A. A O.
AD.
5E J.
J. A D.
7
6
7
7
6
6
g.
sioeks-\juA
Dividend
i>.!
J. N.Y.,
A.
J.
J.
J.
pal.
A Co. Jan. 1. 1933
1938
2d
National
Bk July 5, 1889
Boston,
Boston, N. E. Trust Co March 1, 1897
Boston, Office.
Mar., 1890
do
July, 1897
do
April 1, 1920
do
April, 1920
do
April, 1920
N.Y., Corbln B'nk'g Co. Jan. 1, 1900
January, 1889, last paid April 1, 1938
October, 1888, last paid April 1, 1938
do
do
April 1, 1938
3.
A.
Payable, and by
Whom.
Para ble
Wlnslow, L.
Y
Union Trust Co. June 1,
do
do
Jan. 1,
London.
Jam 1,
N. Y. Union Trust Co.
April,
do
do
Nov. 1,
H.Y.KIdder.Peab'yA Co Oct. 1,
In default.
July 1,
None
paid.
April
June
do
April
N.Y., Corbln Bank'gCo. June
N. Y. Central Trust Co.
do
June
1,
1,
1,
1,
1,
1932
1898
1898
1911
1805
1897
1936
1926
1936
1937
1921
1921
1,
1,
1880
1894
.
3
7
6
4i
4>s
Boston,
J. "i" J.
M. A 8.
Various
J. A D.
A.
A
Otlioe.
do
do
do
do
O.
July
March
1*9= -6-7
Dec.
April
1,
1,
1897
1904
-(47, p. 21. 22.49.122.110,161, 227, 287.327,337.344. 351. 354,
473, 532, 593, 745, 776; V. 48, p. 37, 70, 222, 261, 326, 372, 428, 527,
55 6, 590, 689, 761, 800, 855.)
Northern Pacific Terminal Co. Owns terminal facilities on
the Willamette River, Oregon, at Portland, East Portland and Albina,
comprising lmds 270 acres, trackage 24 miles, buildings 39, dock
frontage ,904 feet. They are leased for fifty years from Jan. 1, 1883,
jointly and severally to the Nor. Pac. RR., the Oregon Ry. A Nav. Co.
and the Oregon A Cal. RR.. with a guaranteed rental sufficient to pay
interest, sinking fund and taxes. The sinking fund begins in 1893 and
is to be sufficient to retire the bonds bv maturity, bonds being
drawn at 1 10 and interest. The stock of $3",000,000 is owned by said
three companies (40 per cent by Ore. Railway A Navigation Co., 40 per
cent by Northern Pacific and 20 per cent by Oregon A California RR.),
and held by Central Trust Co. of New York, to be delivered after payments to the sinking fund which is to cancel the bonds.
,
Northwest & Florida, Owns from Montgomery, Ala., to
Luzme, fto miles. The Montg. A Fla. railroad was sold July 12, 1888,
and this company formed there are also $306,000 4 per cent Income
bonds at $6,000 a mile. Stock, $012,000. A contract of sale has
;
been made of this property to the Ala. Midland RR., first payment and
possession to take place in July, 1889. It is supposed to be in the
Sav. Fla. A Western interest. (V. 47, p. 50, 109, 285, 532.)
Norwich
At 'Worcester. Owns from Norwich, Conn., to Worcester, Mass., 59 miles; branch: Norwich to Allyn's Point, 7 miles;
England RR. for 100 years from
total, 66 miles. Leased to N. Y.
Feb. 1, 1869; rental is 8 per cent on stock, all of which is preferred.
In 1S86-7 gross receipts, $781,979; net, $293,108; payments for rentals,
$40,220; interest, $27,165; surplus over 8 per cent dividends, $17,900.
A New
A
Lake Cbamplaln. Owns from Rouse's Point,
Osrdensbnrg
N. Y., to Ogdensburg, N. Y., 118 miles. On June 1, 1886, a perpetual
lease of this road was made to the Central Vermont RR. Co., the lessee
to pay interest on the bonds. Stock $3,077,000 com.; par, $100.
From Oct. 1, 1888, to Mch. 31, 1889, gross earnings were $317,725,
against $331,383 in 18-57-8; net, $116,620, against $126,319; surplus
over charges, $11,123. against delict of $1.
In rear ending March 31, 1888, gross earnings were $727,542; net,
$235,412; surp. over int. charge, $15,519. In 1888-9. gross earnings,
$714,954; net, $241,097; surplus over charges, $5,479. tV. 45, p. 272,
564, 887; V. 46, p. 255, 678; V. 47, p. 188, 664; V. 48, p. 222.)
Lands. Tbe land grant of the company was 12,800 acres per mile in
Btates and 25,600 acres per mile in territories, and the lands earned by
construction to June 30, 1888, were estimated to be about 46,824,960
The lands
acres, of which about 40,293,225 remained unsold.
Ohio Indiana A Western. Owns from Tndlanapolls, Ind., to
east of Bismarck (Minn, and Dak. Divs.) are pledged to the prein
therefor.
The Pekin, 111., 202 miles, and Indianapolis to Springtlcld, Ohio, 142 miles.
stock
is
received
ferred stock, and that
payment
general mortgage bonds cover all the other lands, tlw divisional mort- Leases, Pekin to Peoria. 9 miles. Total operated, 353 miles. The former
gagee havingprior liens on their respective divisions In Feb., 1889, a Indianapolis Bloomington A Western road was sold in foreclosure Oct.
contract with the Minnesota A Dakota Land Co. w< s announced, the 30, 1878, and on March 28, 1887, again sold and reorganized as at
Land Co. to purchase 1,650,000 acres east of Missouri River at *2 present.
Of the 1st mort. bonds for $3,500,000, $500,000 are preferred and
per acre and Nor. Pac. stockholders to have privilege of subscribing to
$1,000,000 are resei ved to retire the I. B. A W. bonds at maturity and
the company's debentures at 95.
For the fiscal year 1887-8 land sales were392, 256 acres for $1,380,867. $500,000 for future Improvements. Under both u ortgages were issued
Total sales, including town lots, etc, were $1,591,876; net receipts "accrued interest certificates" for overdue coupons of Ind.B.A W., having
a lien equal with the bonds, and with the provision that all surplus
for tbe year, $936,443.
From July 1, 1888, to May 31, 1889 (11 months), gross earnings were earnings in each year over interest, etc., shall go to retire them, drawn
$17,910,001, against $14,236,191 in 1887-8; net. $7,175,092, against by lot. Trustee of both 1st and 2d mortgages is the Central Trust Co.
?6,0t9,311. In the half-year ending Dec. 31, 1838, surplus over fixed (See mortgage abstracts, CnuoxiCLE, V. 47. p. 201.) Pref. stock is $3,325,000. 5 per cent, not cumulative. Common stock. $10,000,000.
charges. $444,851. (See V. 48, p. 141.
In 1888 gross earnings were $1,495,315; net, $102,665; deficit under
Fiscal year ends June 30. Report for 1887-88 was In V. 47, p. 351 354
1884-85.
1885-86.
1886-87.
1887-88. fixed charges, $129,385. (V. 47, p. 142, 147, 188, 201, 383, 591, 803;
V. 48, p. 428.)
2,668
2,808
3,102
3,33
Mileage Jun30
$
$
$
$
Earnings
Ohio
Mississippi. This company owns a direct line from
Paesensrcr
3,075,882
2,897,218
3,269,703
4,577,898 Cincinnati, Ohio, to East St. Louis, 111.. 338 miles; Louisville branch,
7,446,266
8,189,614
10,426,244
8,730.547
Freight,
North Vernon to Jefferson ville, Ind., 53 miles; the Springfield Divi712,001
643,695
789,197
842,136 sion, Beardstown to Shawneetown, m.. 225 miles; New AlMall, express, Ac...
A Eastern, Watson to New Albany, Ind., 7 miles; total, 623 miles.
bany
Total
11,234,149 11,730,527 12,789,447 15,46,328 The Eastern and Western divisions were sold in foreclosure and the
6,156,264
7,173,020
6,196,301
9,266,884 Ohio A Mississippi Co. formed by consolidation Nov. 21, 1867.
Operating expenses
The terms of preference in the pref. stock certificates were given In tho
Bet earnings
5,574,263
6,579,444 Srrt'i.KMKNT of May 25, 1889, and previous issues. The propositi ad5,037,848
5,616,427
5609
58-48
5516
52-48
Per ct. exp. to earn's
justment with holders of pref. stock gives them $1,000 in a 4 per cent
bond (I'i percent after 1899) and $1,000 in common stock for eaoh
INCOME ACCOUNT.
$1,000 of old pref. stock with all accrued claims. It is also proposed to
1885-86.
1886-87.
1887-8^
1884-85.
issue a new general mortgage at 5 per cent.
$
$
Receipts
Of the new general mortgage $12,376,000 is reserved to exchange
5,610,427
Hetearnlncs
5,037,848
5,574,263
6,579,444 for old bonds as they mature. Cyrus ( Hines. of Ind., and Union Trust
315,835
From lnvestm'ts, Ac
193,222
474,366
548,537 Co., of N. v are mortgage trustees. There are also $254,500 past-due
bonds held by trustees of sinking fund.
Total
6,090,793
5,890,098
7,127,981
5,231,070
Sinking fund amounted June 30, 1888. to $256,196, and floating debt
to 8821,357, against which were acc'tsdue, materials, etc.. of $231,846.
IKsbursements
$
$
$
since 1882 has been as follows: Co union in
nterest on bonds... $4,123,949 $1,339,094 $1,456,536 $4,703,955
Range of stock prices
f
Rentals
670,748
752,757
83.21*3634; in 84, 14b25 7s; in '85, 10M323ig: in '86, 193s335s:
782,359
581,144
1
in '89, to July 19, incl., 1934*24.
17Jj26
696,650
Guarantees
673,650
352,154
881,072 in'87, 21a32>a; in'S8,
in '84. 45390; In '85. 71*78; In '86. 79991;
fl Inking funds
50.376
112,698
55,633
224,095 Pref. in '83,
in
to July 19, incl., 83>390.
in
'83
1889
*'1<l84;
Miscellaneous
39,774
6,445
17,813 in '87, 75193;
31,488
From July 1.1888. to May 31, 1889 (11 mos.) gross earns, were $3,658,In
8.246
1887-8; net, $1,145,681. against $1,172,854.
Total
6,609,294 645, against $3,68
5,778,899
6,025,086
5,139,111
Fiscal year ends June 30 report for 1887-83 in V. 47, p. 472.
91,959
65,707
111,199
518,687
Balance, surplus....
,
1
A
'.
;
96112;
;
July,
1889.]
HAILKOAD STOCKS AND BONDS.
103
INVESTORS'
lOl
Subscribers will confer a great favor
DESCRIPTION.
.
For explanation of column headings,
on first page of tables.
Ac., see notes
Colony (Continued)
Bonds nut mort. ($750,000 '81, doe July, 1904). r
Host. Clin. A Fltohb. an 1 M.&F.KR. inert, bonds.c
>few Bedford RR. 1st mortgage
Orange
Oregon
Vngnn
p.
c
m.).o*
0*
1st M..g.,$5,000 p. m.. red. arter 1892
1st M..g ($30.00 ip.m.ldr'n at lOO.c*
Pacific 1st M., l.gr., s.f.,gnld, $25,000 p.nr.
Belt
<f
Col
.
"Oregon Railway 4 Navigation Stock
Alt mort. :.<>mls, gold. sink. fd. (drawn at 100).. o
cAr
Consol. mortgage, gold, $25,000 per mile
Ong'nSkortL. lstM.,g.,lnt.gu.byU.P.($25,000p.m)
X'tjili Cent,, 1st mort.. gold, Ogden to Salt Lake.o
Utah So. 1st mort. cur
C tab Ho ,gn. m..S. Lake to Juab (fr$l,950,000).c
Utah South. Exten., 1st M., Juab to Frisco
Utah & Nor. 1st mortgage, $12,000 per mile..
Cons. M. guar., $15,000 p. in., s. f., not dr'n, gc*
Equipment bonds (1-lOth payable yearly)
Oregon* Trans- Oont,Tr. b'ds.g .(s.f.dr'n at 105.C*
Notts secured by collateral, extended In 1888.
Onrego
if
Rome
1st M. $325,C00 guaranteed
Income mortgage bonds
Convertible bonds, 1.000 years to run
Osvego it Syracuse Stock., 9 p. ot. guar., D.
Consul, mortgage (guar. D. L. * W.)
Construction M.. guar. prln. A int. (for $1,000,000)
o*
Ownsboro <t Nashville 1st mortgage, gold
Pacific Short line 1st mortgage
LAW.
[vou XLjX.
giving Immediate notice of any error discovered In these Tables.
Miles
of
Road.
CM
Bost, Clin. F. & N. B. mort. bonds
Omaha Dodge City <* So. 1st M. ($20,000
Omaha <t St. Louis 1st M., gold
bjr
SUPPLEMENT.
July,
1889.]
RAILROAD STOCKS AND BONDS.
lor*
106
INVESTOES'
SUPPLEMENT.
[Vol. XLIX.
July,
EAILEOAD STOCKS AND BONDS.
1889.]
ior
Subscribers will confer a great favor by giving immediate notice of any error discovered in these Tables.
Bonds PrinciINTEREST OR DIVIDEND.
DESCRIPTION.
Miles Date Size, or
pal, When Dne.
Amount Rate
When
of
of
Where
and
Slocks Last
see
notes
Par
of
column
per
Payable,
by
Ac,
Tjt explanation
headings,
Whom.
Road. Bonds Value. Outstanding
Cent.
Dividend.
on first page of tables.
Payable
1
Panama
Stock
Gen. mort., sterl'g
Sinking fund subsidy, gold
c
e*
Palersoii d!.ffitd.-Stk., 8 p.c. perp. rent.N.Y.L.E.AW.
48
48
48
15
Stock
2,346
455
Ger.. M.,$ A
,coup., J. & J.; reg., A. A O
State lien (pay 'bie in annual Inst'lm'ts of $460,000)
f.
dr'n.
455
M.
s.
not
A
J.
Consul. M., coup.
D.; reg. Q.
Consul, mortgage, gold
dr'n..r
f.
not
571
stock
as
8.
AB.
collat.)
Bonds. (P.W.
Collateral trust loan, gold, (s. f. "s p.c.) not dr'n.c*
series
Penn. Car Trust (in
payable iioth yearly)
Equlp.Tr.(ser."A" to"H," payable one-tenth y'rly
Navy Yard bonds (extended 20 years In '81) ...r
3,403
Pennsylvania Company Stock
Bonds, sec. by P.Ft.W.AC. stock (s.f.,dr'n atl05.r
Bonds, g., sec. bypl'ge and guar. (s.f.notdr.).c"&r
105
Pennsylvania < New York 1st M., end. by Leh.V
c 105
1st mort., endorsed by Lehigh Val
105
A
int.
(end.).r
General M. $10,000,000 guar. prin.
73
Penn. Pough. < Bost. 1st &., g., for ($1,500,000)0*
117
Pennsylvania Schuylkill Valley Stock
r
117
1st M., sinking fund, 1 percent, not drawn
Pennsylvania
. .
$100
*200
1867
1880
1,000
""50
1,000
1867
1873
1873
1879
1881
1883
1876
1.000
1,000
1,000
1,000
1.000
1,000
5,000
1877
1881
1866
1866
1889
1889
1,000
1,000
1,000
1,000
1,000
1,000
1881^
1886-9
50
,
C
Atlantic
Pensacola
1st m., gold (drawn at 110), guar, by L.
<
2d mort. (2d on lands)
Land grant bonds
Peoria <t Bureau Val. Stk.,
AN
c"
0*
8 p. ct.rent'lC.R.I.AF.
Peoria Decatur EvansvilleStoelz
1st mort., gold (Peoria Div., Pekin to Mattoon)...
1st mortgage (Kvansv. Div.), gold
o*
P. D. A E. 2d mortgage, gold
Car Trusts (payable $48,000 per annum)
t
For the proposed
issue of $12,000,000
test for control, see V. 48. p. 663.
new
160
160
'47
254
110
135
238
50
1885
1881
1888
1884
1,000
1,000
1,000
100
1880
1880
1886
1881-41
pref. stock
1,600
1.000
1,000
1.000
and the con-
Stock authorized, $50,000,000; outstanding, $40,000,000 par, 100.
are secured by deposit in trust of first mortg. bonds on
railroads at $20,000 per mile; also secured by traffic contracts with the Northern Pacific RR. Co. guaranteeing a minimum net
annual income of $1,400 per mile, being equal to 6 per cent per annum on $20,000 per mile of bonded indebtedness, and a sinking fund
charge of one per cent. The roads thus mortgaged are The No. Pacific Fergus & Black Hills RR., of Minn., 117 miles, $2,342,000; Little
Falls A Dakota RR. of Minn., 88 m., $1,757,000; Jamestown A Northern RR. of Dakota, 102 m.. $2,050,000; Fargo A Southwestern RR. of
Dakota, 87 m., $1,748,000; 8anborn Cooperstown A Turtle Mountain
BR., 37 m., $730,n00; Rocky Mountain RR.. Mon., 52 in., $1,034,000;
Hel. A Jeff. Co., vO m., $402,000; total. 503 miles- at $20,000 per mile
$10,063,000 in bonds.-(V. 47, p. 626, 630, 745; V. 48, p. 292, 663, 689,
693, 730, 828.)
Oswego 6c Rome. Owns from Richland, N. Y.. to Oswego, N. Y.,
29 miles. Riad opened Jan. 1, 1886. It Is leased to the Rome Waterannual reutal is 7 per cent on $325,000
town A Ogdensbur* RR.
1st mortgage bonds and $18,260 in cash; total, $41,010. Of bonds due
1870 $62,100 are yet outstanding. Stock Is. common, $225,000; preferred, $75,000; par, $100.
Oswego 6c Syracuse. Owns from Oswego, N.Y., to Syracuse, N.Y.,
35 miles. Leased in 1868 during length of charter and renewal thereof to the Delaware Lack. A West. RR. Co. for 9 per cent per year on
91,320,400 stock and Interest on bonds. (Vol. 46, p. 172.)
Owensboro 6z Nasnviile. Owns from Owensboro, Ky., to Adairvllle. Ky.. 84 miles.
Operated by Louis. A Nash. RR., which owns a
majority of the stock, and has $1,150,000 of the 1st M. bonds in pledge
for its collateral trust bonds. Gross earnings for 1886-87, $204,263;
net, $65,549 deficit under Interest and taxes, $1,317.
;
The bonds
new branch
:
;
$7,000,000
2.989,000
2,555,000
630,000
106,544,500
19,997,810
1,232,757
27,482,930
4.998,000
8,039,000
9.900.000
3.725,000
1 ,100,000
1,000,000
20,000,000
3,200,000
17,500,000
1,500,000
1,500,000
4 ,000,000
1,000,000
6,676,800
6,600,000
3,000,000
360.000
925,000
1,500,000
8,400,000
1,287,000
1,470,000
2,088,000
181.000
5
N. Y., Office, 15 Broad.
Mar. 6, 1889
1897
7g. A. A.O. N.Y., 15 Broad A Lond.
6g. M. & N. N. Y., Office, 15 Broad, Nov. 1, 1910
New York.
4
J. A J.
July 2, 1889
2>
M. A N. Philadelphia, Office.
May 29, 1889
Phil.
&
London.
6
Office;
Q.-J.
July 1. 1910
5
6
A. & O.
Philadelphia, Office.
Q, M. Phil. Office; & London.
A
A
A
5g.
4
J.
J.
4>sg. J.
D.
do
A
J. Phila. Offloe
D. Phil. Provident
July
June
1.
1890-
15,
1905
1,
1919>
do
Dec.
London. July
1921
1,
L.ATO0
June 1, 1913
1889 to 1 894
A
1889 to 1899
A
Jan. 1, 1901
For 1883
A
JulyS, 1907
A
July 1, 1921
June 1, 1896
7
do
do
J. & D.
June 1. 1906
A. & O. Phil., Lehigh Valley RR April 1, 1939
5
6g. J. A J. N.Y., Holland Trust Co. Jan. 1, 1939
Ow ned byPa.RR.
j. "A" b. Philadelphia, Penn. RR. Deo. 1, 1935
Q'rt'rly Phila., Prov.L. ATr.Co
In. Co.
Q.-F. Phila., S. Dep.
5
J.
J. Phll.,Fa.,Co.,forins.Ao.
4
Pittsburgh, Co.'s Offloe.
I. Co.
6
Q.-J. Phila. Tr. 8. D.
J. N. Y., Nat. City Bank.
4>sg. J.
J. A D. Phila., B'k N. America.
7
5
4
8'
6
4
A
A
&
&
F.
F.
A.
F.
A. N. Y., 50 Exchange PI.
do
do
A.
do
O.
do
A. N.Y., Chic, R.I. APac.
J. "A" "j.
M.
8.
7*
M.
A
&
N.
Various
N. Y., Central Tr. Co.
do
do
do
do
do
do
Aug.
Feb.
1, 1921
1, 1928
1, 1894
April
Aug., 1889
Jan.
1,
Sept. 1,
Nov.
1,
1920
1920
1926
per cent In scrip; in 1881. 8; In 1882, 8s; in 1883, 8**; in 1884,7;
in 1885 and in 1886, 5; In 1887, 5 1 * in 1888 5 cent; in 1889 to date. 2 1*
The prices of the stock yearly in Philadelphia since 1875 lave been
In*76, 45583b; In '77.2458*49; ln'78, 2735H; in '79, 3238*5138;
In '80,
4867>4;
in
'81.59i70i8;in'82, 53 7s65i4; in '83 56 1 864%
in '84, 49>461; in '85,4534^56*8; in '86, 51% 96014 in 87, 53*4*60.
in 1888, 52ha>o6iSs; in 1889 to July 19, incl., 50i456.
This company owns 217,819 shares of the Phila. W1lm.1t Bait RR., andT
the 4 per cent bonds of 1921 are purchased yearly, if obtainable at not
over par, with the surplus proceeds of Ph. W. A B. dividends.
The collateral trust loan of 1883 is secured by the deposit of mortgage
bends of subsidiary lines to the par value of $12,500,000.
Operations, Finances, ac The total cost to the Pennsylvania Raiload Co. of the stocks and bonds of other companies held In its treasury
was, up to Dec. 31, 1888, $109,296,039 (par value of the same $143,623,471), most of which is represented on the other side of the balancesheet by issues of Penn. Railroad stock and bonds and other debit items;
the balance to credit of " profit and loss" was $19,229,368.
Its guaranteed securities are bought up by the Penna. RR. Co with
1 per cent of the net income yearly, and $6,039,950 so purohased were
held on Jan. 1, 1889.
The sinking fund for consols Jan. 1, 18B9-. held:
Consols. $1,769,070; real estate niorts., $1,247,900; cash, $110;646.
From Jan. 1 to May 31, 189 (5 mm.), gross earnings on lines east of
Pittsburg and Erie were $24,073,217, against $22,777,803 in 1888; net,
$7,043,592, against $7,121,222 In 1888. Deficit on lines west of Pittsburg and Erie. $74,626 in 1889, against deficit of $150,965 in 1888.
The report for 1888 was in the Chronicle, V. 48, pp. 309, 323, 329_
A summary of the total business of 1888, compared
with previou*
years, is shown In the following :
;
,
earnings on all lines both east and west op pittsbcko a ebie
18S6.
1887.
1888.
Gross earnings
$101,697,981 $115,515,506 $116,509 203
67.102,714
Operating expenses
77,238,082
80,737,336
Pacific Short Line. (See Map.) The Wyoming Pacific ImproveNet earnings
$34,595,267 $38,277,424 $35,771,957
ment Co., having a capital stock of $3,000,000, is pushing this enterThe Income account below embraces all receipts and expenses of the
rise, and expects to have a through lire from Sioux City to Ogd en, a
Railroad proper, but not including the roads west of PittsPennsylvania
S 'stance of 960 miles, constructed within two years. A contract has
burg A Erie operated by the Pennsylvania Company. The account for
been let for the construction of 100 miles weft from Sioux City, to be the
years 1886. 1887 and 1888 was as follows:
completed Oct. 1, and another contract for the construction of 110
INCOME ACCOUNT OP PENNSYLVANIA BAILROAD COMPANY.
miles on the western ecd from Ogden 10 the Wyoming line. The road
1886.
1887.
is be'ng ullt under three corporate titles, viz tho Nebraska A West1888.
Penn. RR. Division, $8,974,970 $10,441,287 $9,969,662
Net
income
ern, extending from the Mistourl River westerly to the Wyoming line,
179,016
227.991
390 miles; the Wyoming A Eastern, across Wyoming to the Utah line. Net loss New Jersey Division
160,501
460 miles: and the Salt Lake Valley A Eastern extending Into Utah to
Balance
$8795,t>54 $10,213,296 "$9,809,16i"
From this balance deduct
Ogden, 110 miles. These several companies will eventually be merged
into one-the Pacific 8hort Line. The line runs north of the Union Advances to Penn. Co
$667,093
$1,020,000
Pacific at an average distance of 100 mile9. (V. 48, p. 562.)
69,895
Payments to trust fund.
78,624
71,121
Consol. mortgage redeemed
324,800
324,800
324,800
Panama. Owns from Asplnwall to Panama, 48 miles. Opened Allegheny Val. RR. Deficiency
698,390
352,835
100,730
through Jan. 28, 1855. Thesulisidy bonds are secured by a pledge of the Fred. A Penn. Line RR.
do
15,000
run of $225,000 annual subsidy payable to the U. S. of Colombia by
Am. 88. Co. To meet int.
"90.666
90,000
90,000
the company. In June, 1881, most of the stock was sold to paitles Settlement balances trunkguar.
line
167,183
411,972
Interested in the De Lessens PanatnaCanal Co. The report for 1888 was
For fire at N. Brunswick, N. J..
265,000
175,000
in chronicle, V. 48, p. 489, showing net income of $1,651,621, against
1.241.115
1,16 1,547
$1,141,115 in 1887, and a surplus over charges of $1,150,543. against Extraordinary expenses
$2,542,150
$2.42t,557 $2,768,T98
In 1877 and 1878, 12 per
$619,902. Dividends since 1876 have been
Balance
to
credit
of
Income... $6,253,804
$7,783,739 $7,040,963
eett; in 1879, 13; in 1880, 16; in 1S8!, 34-26; in 1882, 12s; In 1883,
1
)5,418,702 (5)5,327,270
(5) 1,738,892 (5
13%; In 18:4, 16; in 1885,10; in 1886 and 1S87, nil; In 1688,23; in Dividends
1889 to date, 5.
V. 46, p. 479; V. 48, p. 489.J
To
credit of profit and loss
$2,365,037
$1,514,912
$1,713,693
Paterson 6t Hudson. Owns from Weehawken, N. J., to Pater- Deduct settlem't of
claims, Ac.
623,756
381,437
93,272
son. N. J., 13 miles. The road was leased in perpetuity In 1852 at a
Balance
rental of $48,400 per year, and Is operated by the N, Y. Lake Erie A
$891,156
$1,983,600 $1,620,421
Profit and loss Deo. 31
Western as part of its main line.
$15,625,349
$17,608,947 $19,229,369
Pennsylvania. (See Map) Line of Road The Pennsylvania sys- -(V. 47, p. 109, 256, 381, 532, 664, 803; V. 8 p 222 309 323 328
tem embraces about 7,581 miles of railroad. Including all east and west 372, 389,"413, 428, 481, 527, 556, 633, 689, 800, 855; V. 49, p. 21, 23.)
of Pittsburg. At the close of 1888 the mileage operated east of PittsPennsylvania Company. The Pennsylvania Company is a corburg A Erie, on which earnings as reported were based, was divided as poration chartered by the Pennsylvania
1870, disfollows: Pennsylvania Division and branches, 1,617; Philadelphia A tinct from the Pennsylvania RR. and it Legislature, April 7, lines
west
operates all the leased
Erie Divlpion, 287 United Railroads of N. J. and branches, 465 total of Pittsburg. The stock and
$1,500,000 4i per cents are owned by the
operated. New York to Pittsburg, with branches, 2,370.
Pennsylvania RR.
The registered bonds are secured by deposit of $4,000,000 of Pittsb. Ft.
Organization, Leases, Ac The charter of the Pennsylvania Railtoad was dated April 13, 1846, for a line from Harrisburg to Pittsburg. W. A Chic, special stock. The gold bonds of 192 1 are secured by a deposit
The line from Harrisburg to Philadelphia was under other organizations, In trust of the leases of the Pitts. Ft. W. A Chic, and the Cleve. A Pitts,
Including the State Railroad, and the Harrisburg Portsmouth Mt. Joy A railroads and are also guaranteed by the Penn. RR. Co., the trustees of
Lancaster is still operated under a lease though forming part of the the mort. being Wistur Morris, John P. Green and Henry D. Welsh.
main line. Road opened In 1854.
The Blnking fund is 1 p. ct. per annum and int. on bonds in sink. fund.
The whole number of miles operated or controlled by this company is
The Pennsylvania Company was organized in 1870 as an auxiliary
corporation to control all the lines west of Pittsburg A Erie, the Penn- 2.864. The income account has shown net profits as related to charges:
deficit iu 1884 of $710,220; deficit in 1885 of $1,094,671; deficit lr
sylvania RR. Co. holding all its stock.
8tock and Bonus. The Pennsylvania Railroad stock has been in- 1886 of $200,674; in 1887 net profits $675,516; in 1388 loss $74,891.
creased from time to time, chiefly by the sale of stock at par to stockhold(V. 47, p. 745.)
ers, for the purpose of raising capital for new acquisitions or betterments.
Boston. (Sec Map.) Under
Pennsylvania Poughkecpsie
In 1-ixli an allotment was made to stockholders of May 8 of 8 percent construction
from Slatington, Pa., on the Lehigh Valley RR., to Pine
in new stock at par, providing part of the new
capital for $12,500,000 Island, N. Y., on the N.Y. L. E. A \V\, (about 80 miles), connection to be
expenditiiies In 1889. viz., for third and fourth tracks, etc., $3, =.00,000; made by the latter road with the
Poughkeepsie Bridg.5. Track to be
for real estate, $2,000,000; for equipment $4,400,000; for new concompleted in 1889. This is the eld Slatington A Now England, sold in
struction, $1,500,000.
foreclosure April 20, '87, and purchased by parties interested in the
The dividends paid each year since 1870 have been in 1871,
Poughkefpaie bridge. Trustee of the mortgage is the Holland Trust Co.
1872, 1873 and 1874, 10 per cent each year; in 1875 and 1870,8 per Stock,
$1,750,000; par $5o. President, Gen. J. w. Husted, of Peekskill.
cent each yew; In 1877, 4; in 1878, 2; la 1879, 4Hi; in 1880, 6 and 1 N. Y. See
ClUtONICLE, V. 48, p. 38, 100, 704.
"
;
I
,
. -
:
.
.
:
(
.
;
;
&
108
INVESTORS'
SUPPLEMENT.
(Vol.
XL1X.
July,
1889.]
RAILEOAD STOCKS AND BONDS.
109
no
I
X V ESTORS'
SUPPLED EN T.
[Vol. XLIX.
July,
1889.
EAILROAD STOCKS AND BONDS.
|
Ill
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles Date
of
column headings, Ac, see notes of
Road. Bonds
on lirst page of tables.
For explanation
of
c
Peoria <t Pekin Union 1st mortgage, gold
c
Second mortgage, gold (issued for incomes)
Perkiomen IstM., ser.l(lstl'n), gu. byP.A K.,.c*
1st M., ser. 2 (2d)'n), g.,guar. by P.A E.(end.) .c*
Petersburg Stock
Guar. pref. stock, 3 per cent., lien prior to mortg.
cAr
1st mort. bonds (payable $25,000 yearly)
Mort bonds, class A, $251,000 reserved for IstM
B
class
Mortgage bonds,
Philadelphia <f Bait. Central Stock
Gen.M.for $2,500,000 ($1,100,000 res'd for IstM.)
o*
Westchester A Phila., 1st mortgage
Phila. it Erie Stock, $ ?,400,000, is pref. special...
.
1st mort., Sunbury A E. (exte'd 20 y'rs in '77)..o Ar
Gen. M., g., guar by Pa. RR.($5,263,000 g. 5s) .oAr
r
do
do
Phil. Germ. <t Chestnut Hill 1st M., gu. by Pa. RR.r
PMl. Germ. <t Norrist'n Stk. 12 % rent.,Ph.AR. RR.
Philadelphia Newtown rf New York Stock
1st mort., guar, by Pbila. A Read., coup
Philadelphia it Reading Stock
Mortgage loan, sterling, coupon
do
dollars, coupon
do
convertible, coupon
Mortgage loans, coupon
.
.
Consol. mort. ($8,162,000 are gold 6s) cp. or reg.
Impr't M., g., s. f. dr'n at 100. See V. 43, p. 260.
Consol. M, of '82 stamped (payable at notice)., oc*4r
New gen. mort., gold ($100,000,000)
1st pref. income M., not cum. ($24.400,000). ...c"
c*
not-cuni. ($22,500,000)
2d pref. income
3d pref. inc. M., not -cum. ($6,631,301 convert.)c*
Deferred income bonds (coming after stock;
M
20
20
38
38
61
Size, or
Par
Value.
1881 $1,000
1881
1,000
1887 100. Ac.
1883
1,000
100
100
"59
59
59
79
79
27
287
1869
1831
1881
40
287
287
7
29
1857
1869
1869
1883
50
1881
1871
21
21
1877
911
327
327
327
327
1,000
100 Ac.
50
1,000
1,000
1,000
1,000
50
50
100 Ac.
50
1843
*5O0
1843-9
1,000
1857 500 Ac.
1868
1,000
1871 200 4c.
1873
1,000
1882 500 Ac.
1888 1,000 Ac
1-88
1,000
1888
1,000
1888
1,000
Amount
Outstanding
INTEREST OR DIVIDENDS.
When Where Payable, and
Cent.
Whom.
Payable
Bate per
$1,495,000
6g. Q.-F.
1,499,000
4>ss. M. A N.
800,000
Q.-J.
1,450,000
Q.-J.
960,800
lJfl
323,500
8
251,000
IS
643,000
6
800,000
2,495.650
"s
1,000,000
7
1,100,000
10,375,000
"7
A. A O.
976,000
13,943,000 5g.A6g. Various
4,555,000
4g. A. A O.
M. A N.
iht
1,000,000
3
2,231,900
Q. M.
1,200,000
"6"
A."a"o.
700,000
39,480,362
"e
967,200
6
1,499,500
6
79,000
7
2,700,000
18,811,000 6 g. or 7
9.364.000
%*
5,768,452
33,186,214
g
i
23,941,247
2 &
16,165,353
*
18,575,639
7.670.427
8*
5*
-
by
119
1
N VESTORS'
SUrPLEMENT.
I
vol.
XUX.
July,
KAILROAD STOCKS AND BONDS.
1399.]
113
Subscriber* will confer a great favor by string Immediate notice of any error discovered In these Table*.
Bonds
INTEREST OR DIVIDENDS.
DESCRIPTION.
Prinol-
Miles Date Size, or
pal.When Due.
Amount Rate
of
Par
For explanation of column headings, Ac, see notes of
per When Where Payable, and by Stocks Last
Road Bonds Value. Outstanding
Cent.
Whom.
on first page of tables.
Dividend.
Payable
1883
1884
1887
<t Reading
(Con.) Car Tr. Cert.. Ser. "A".
do "B"
do
do
do "C"
do
do
Mortgages on ieal estate
P. A R. Coal A I., purchase money & real est. M
Phila. A Trenton Stock, 10 p. c rental. Penn. RE..
Baltimore Stock
Philadelphia Wilmington
Phila
.
.
72-'84
.
39
506
<
1887
"lain bonds, registered
Plain bonds
Plain bonds, s. fd. $16,000 yearly, not drawn
do
s. fd. $20,000 vearly, not drawn
do
Piedmont d- Cumberland 1st mort., gold
Pine Creek. 1st mort., guar., prin. and int
PUts.O.d-St.L. 1st consol. mort
2d consol. mortgage, held by Penn. BR
let mort., Steub. A Ind., extend, in 1884
Col. * Newark Division 1 st mortgage
Holliday's CoveRR. 1st mortgage
M
Pittsb. Cleee. d- Toledo- 1st
Pittsb. <t Connellsrille.
1st
.,
1872-4
29
75
199
199
125
33
...c*
r
cfcr
c
r
c
c
gold, int. guar..
1
78
B.&O.
149
mortgage
1st mortgage Turtle Creek division
Consol. mort., guar.
(s. f.
7,200 pr. yr.)..
2d consol. mortg., gold (pledged for B.& O. bonds).
Pittsb. Ft. Wayne <e Ch ic. Stock, 7 p. ct., guar. Pa. Co.
Guaranteed special improvement stock
1st mort. (series A to F> > a, u fnn( , ram nnt C
2d do (seriesGtoM) } 81n ?;i* nd cam -' n J<
drawn
c
10
149
149
470
B.&O
'
3dmortgage
S
Pittsburg Junction
{
470
463
468
463
8
c*
1st M., gold
Pittsburgh Lake Erie Stock
1st mort., gold, coup
2d mortgage
71
71
500 Ac
100
50
1,000
1,000
1,000
1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1875
1880
1887
1886
1883
1868
1873
1864
1864
1863
1882
1868
1.000
1859 100 Ac.
200
1876
1885 100 Ac.
100
100
1871
1862 500 Ac.
1862 500 Ac.
1862 500 Ac.
1882
1,000
50
1878
1,000
1889
The annual charges coming before dividends on stock are substantially
as follows
Rentals and interest both companies
$8,234,000
Annual payments for car trusts
422,000
5 per cent
23,941, 247 of first preference bonds
1,197,000
5 percent...
f16,165,853 of second preference bonds
808,000
5 per cent
928,000
$18,575,639 of third preference bonds
Total of all charges preceding stock
$11,589,000
From Dec. 1. 1888. to May 31, 1889 (6 months), net earnings of
Railroad Co. only were $3,237,586, against $3,395,141.
The fiscal year ends Nov. 30; the report for 1887-8, in V. 48, p. 97,
:
showed the lollowing:
1885-86.
Net earnings RR. Co
$3,482,657
Net earnings C. & I. Co... Df. 1,147,055
Total net both Co.'s...
$7,335,602
Deduct
1887-88.
$9,649,338
28,652
Pr.
$12,430,054
$9,677,990
RR.Co
Coal* Iron
Co...
$3,620,939
6,222,863
934,684
$3,300,383
5,478,132
794,272
Q.
A7
5,6
2>a
3
4
6
6
5
4
A.
J.
J.
7
6
8
F.
A.
'
J.
F.
I.
F.
g-
1%
A.
O.
1%
7
7
7
do
A.
New
O.
A.
68
J.
J.
i
A.
'
J.
do
York.
A
J. Bait., Bait.
Ohio RR.
A.; Pittsb., First Nat. Bank
J. London. J.8. Morgan ACo
A.
!
|
Various
Various
3
Office.
Jan., 1883, last paid.
N. Y., Nat. City Bank.
Phila., Pa. RR. Office.
J.
.
RR.
Phila., Pa.,
J.
J.
-J.
A O
A J.
A J.
& J.
A O.
New York Agency.
N.Y., Winslow.L. ACo.
do
do
do
do
do
do
do
no
N. Y., Third Nat. Bk.
Pittsburg, Co.'s Office.
N. Y., Phila.
& Pittsb.
Aug.
1,
1900
April 1. 1913
1914
1890
1893
Oct.
1922
1898
July,
Aug. 1, 1889
Jan. 1, 1926
Feb. 1, 1928
July 2, 1889
July 1, 1889
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1922
Jan. 18, 1889
Jan. 1. 1928
1928
Jan.
Jan.
Feb.
1,
1,
1,
1,
This wfs a consolidation of several companies, May 1, 1868, including th Steubenville A Indiana and the Pan Handle roads. This company is controlled by the Penn. Company, through the ownership of a
majority of Its stock. The P. C. A St. L. also has leases of the Little Miami
and its dependencies. Common stock, $2,508,000; first Dref. $2,929,200;
second preferred, $3,000,000; par value of shares, $50. Penn. RR.
owns $3,000,000 pref. stock and $500,000 consols. Authorized amount
o' 1st mort. $10,000,000, of which $3,137,000 reserved. The Co. is
liable for $262,500 Cinn. Street Connection Ry. bonds assumed. There
are also car trusts, which called for an outlay of $67,648 in 1888.
The report for 1888 (Chronicle V. 48, p. 489) had the following:
1885.
1886.
1887.
1388.
Total gross earnings.
4,033,623
4,752,596 5,808,378
5,388,547
Op. exp. and taxes..
2,681,633 3,130,690
4,017,219
4,193,011
Net earnings
1,351,990
66-48
,
1,621,906
65-87
1,791,159
6916
1,195,536
77-81
INCOME ACCOUNT.
1835.
$
Receipts-
$10,828,486
$9,572,787
$8,233,887
Def. $3,492,884 8ur.$2.857,267 8ur.$l,444,103
The following tal le shows traffic and joint earnings for eight years
excluding the business under Central RR. of New Jersey lease
TRAFFIC AND EARNINGS OF RAILROAD AND COAL & IRON COMPANIES.
A
A
A
&
A
&
A
A
A
A
F.
5
5
y'ly.
y'ly.
y'ly.
Various Phil.,Of..227 8o.4thSt. Var. '92 to '04
Q.-J. Phii'delphia, Co.'s Office July 10. 1889
A J. Phila., 233 8. 4th St.
July 1, 1889
A. A O. Phil.Of.; Bost.Kid.Peab.
April, 1917
A. A O. Phila.. 233 So. 4th St.
Oct. 1. 1892
A. A O. Phil.Of.; Bost.,Kid.Pea April 1. 1900
I. A D.
do
do
June, 1910
M. A N. Phil.. 233 So. 4th St.
Nov. 1, 1922
F. A A.
New York and Bait.
Aug. 1. 1911
J. & D. Phila. P. & R. RR. Co.
Dec. 1, 1932
7
I
6
A. Phila., Union Tr. Co. $200,000
8.
do
do
102,000
M. Phila., Fidelity Tr. Co, 120,000
J.
$2,882,582
4,516,433
834,872
Total deductions
Balance, both Co.'s
A
&
F.
M.
4i*
P.c.of op.ex.toearn's
Rentals RR. Co
Interest
Interest
1886-87.
$10,981,572
1,448,482
Pr.
6
6
$1,000,000
612,000
1,080,000
2,158.792
12,557,106
1,259,100
11,819.350
1,000,000
700,000
800,000
1,000,000
1,000,000
650,000
3,500.000
6,863,000
2,500.000
3,000,000
134,000
120,000
2,400,000
4,000,000
326,600
6,321.040
10,000,000
19.714,286
12,022,000
5,250,000
5,160,000
2,000,000
1,440,000
3,075,000
2.000,000
1 ,000,000
yet earnings
Rentals and interest
Net from l'sed roads.
1886.
18S7.
1,621.906
4.974
378,330
1,735,744
1888.
s
$
1,352,579
4,835
$
1,195,536
5,536
432,897
1,791,159
5,778
654,955
2,059,777
2,451,892
1,632,420
931,518
646,990
133,104
938,683
64H.990
150,051
914,353
646,990
147,092
14,172
113,217
431,186
:
Coal carried
Coal from
Set e'rnings
M'rchandiseilands ofO. <t Cross re(tons of
2240 lbs.), carried one I. Co., tons ceipts both of both comone mile.
mile.
2240 (&.
companies.
panies.
I
I
1881.. 533 689,725 303 .460.473
628 975,470 327 347,373
1882.
1883.. 713 984,492 305, 871,807
1884.. 583: 980,525,319 279.871
1885.. 665 018,573i359 526,194
i^i;.- 1727 179,4621398, 862,487
lS-^7.. 835, 308,697 444 614,4231
1888... 343, 257,474 '435, 904.463<
5,422,600 $35,286,463*10,051,888
5,624,789 37,300,162 10,647.770
6,074,131 40,045,6151 11,855,181
5,672,6*4! 37,009.753:
8,950,554
6,040.178 34,343.!S0l!
7,926,304
6,209,202: 35,683,096
7,335,603
6,901,497 41,188,737 12,430,054
6,732,436! 39,638,990
9,677,988
73, 76. 134, 17J, 289, 413, 464, 533, 6'5, 679, 699
739, 772, 803, 819, 828; V. 47, p. 22, 81, 109, 141, 142, 161, 256, 278
287, 382, 499, 532, 664; V. 48, p. 68, 98, 159, 190, 260. 428, 481, 527,
(V. 46. p. 39,
556,829; V. 49,
p. 23.)
Totallncome
Disbursements
Rentals paid
830^881
646,990
178,615
52,500
Interest on fund, d'bt
Other Interest
Int.onC.AM.Val.bds.
LossonSt.L.V.AT.H
" Cin. A Mus. V. RR.
18,789*
66,917
Miscellaneous
Total
Balance
1,775,903
1,725,784
1,848,944
40,159 sur. 333,993 sur. 602,948
(V. 46, p. 172; V. 48, p. 399, 489.)
def.
1,727,674
def.
95,254
Pittsburg Cleveland A Toledo. (See
of Pittsb. * Western.)
From Newcastle Junction, Pa., to Akron, O.,Map
77 miles. Stock $3,000,-
000 (par$50), of which B. A O. RR. owns $1,505,000. Leased in July,
1884. for 99 years, to Pittsburg A Western, which was controlled by Baltimore A Ohio, and the B. A O. guarantees interest on the P. C. A T.
bonds (see terms in V. 39, p. 607.) For 13 months ending March 31,
1889, gross earnings were $528,433; net, $139,673; deficit under Inter-
A Trenton. Owns from Kensington, Pa., to Mor- est, $16,326.
26 miles and Tioga Branch, 1 mile; leases Trenton Bridge
Connellavllle. Owns from Pittsburg, Pa., to
Pittsburg
Connecting Railroad, 7 miles, and Frankford A Holmesburg Railroad, 4
miles; total owned and leased, 39 miles.
On Dec. 1, 1871, it was Mt. Savage June, Md., 147 miles; branch, 2 miles leased lines, 22 miles;
leased with the United Companies of N. J. for 999 years to the Penn. total, 171 miles. Leased for 50 yeais from Jan. 1, 1876 (renewable
RR., at 10 p. c. on stock, and is operated as a part o1 its N. Y. division. forever), to the Bait. A Ohio Railroad. The consolidated sterling mortIn 1888 gross earnings were $3,847,440; net, $2,125,627.
gage Is guaranteed by the Baltimore & Ohio, enough bonds being reserved to retire the prior bonds.
Road operated as the Pittsburg
A
Baltimore.
as
Division
Philadelphia Wilmington
of the Baltimore & Ohio RR. In 1884 the Bait. A Ohio issued
follows:
Mileage
Philadelphia Wilmington & Baltimore RR., 133 miles; Philadelphia A its bonds for $10,000,000 secured by pledge of the above 2d consolidated
Baltimore Central, 30 Delaware RR., 100; Queen Anne & Kent RR., mortgage of the Pittsburg A Connellsville RR. Stock is
$1,944,400;
26; Delaware & Chesapeake, 54 Cambridge & Seaford RR., 27; Del. par, $50. In year ending Sept. 30, 1888, gross earnings were $2,544,Md. A Va. RR., 98 miles total operated, 518 miles. Owns over half the 969 net, $840,404 loss to lessse, $337,456.
Philadelphia
rlsville, Pa.,
A
;
;
;
stock of the
;
A
;
Bait. Cent.
From '68 to '87, inclusive, divs. of 8 p. c. were paid ; In '88, 7 p. c; In
1889 to date, 7. In April, 1881, nearly the whole stock was purchased
by Penn. RK. Co., $10,890,950 of it being now held by that company.
Pliil.
In year ending October 31, 1888, gross earnings were $6,604,653;
net, *1 ,"7,275; surplus over fixed charges (Including other income),
$1,223,403, dividends (7 p c.) $827,354; 1 nprovements. etc., $298,368;
surplus, $96,686. In 1886-87 gross. $6,007,305; net, $1,471,028; surplus over charges, dividend (8 p. c), etc., $9,262.
Piedmont A Cumberland. Road
extends from Piedmont, West
It connects the West Va. Central A
a., to Cumberland. Md.. 29 miles.
Pittsburg RR., by which it Is operated with the Pennsylvania RR. system, and has a traffic contract guaranteeing 5 per cent of gross earnings to and from this road over the Pennsylvania Railroad, whloh owns
$200,000 stock (par $50). H. G. Davis, President.
operated by the Fall Brook Coal Co., and forms a connection
between Philadelphia A Reading lines and N. Y. Central, and bonds are
guaranteed by the-."- ompanies and the Corning C. A A., on the condition that guarantors shall advance money for interest if needed and
take 2d mortgage bonds for such advances. Stock $1,000,000; par $50,
Stock and lionds were largely held by Mr. W. H. Vanderbilt. Gross c-arn.ngs In 188, $723,233 net, $271,936 lent of road, $239,603; surplus.
In 1337, gross. $612,844; net, $228,612 ; rental to P. C,
$32,334.
$187,777; surplus, $40,335.
It Is
i
;
;
A
St. Louis. Owns from Pittsburg, Pa ,
Pittsburg Cincinnati
to Columbus, Ohio, 139 miles; branches, 17 miles; total, 206 miles,
A
Wayne Chicago. Owns from Pittsburg, Pa,
to Chicago, m., and branoh, 470 miles. Made default Oct. 1, 1857. and
again in 1859, and was foreclosed Oct. 24, 1861, and reorganized under
this title Feb. 26, 1862. On June 27, 1869, the company leased all Its
road in perpetuity to the Penn. RR at a rental equivalent to interest,
linking fund of debt, and 7 per cent on $19,714,286 stock, which was
Increased at that lime from $11,500,000. The lease was transferred
subsequently to the Pennsylvania Company. The lessees are to keep
the road in repair and also pay taxes, expenses, Ac. The rental and
Interest charge Is about $3,056,000 per year, and the profit to lessees
has been large. The Pitts. Ft. Wayne A Chic, leases the Newcastle A
Beaver Val., which in turn Is leased again by the Pennsylvania Co.
The first mortgage bonds are in six series lettered A to F, Inclusive
of $875,000 each series, the interest on "A" series
being payable Jan..
and July; on "B" it is February and August; on "C" it is March and
September on "D" it is April and October on "E" it is May and Nov.,
Pine Creek. Stokesdale Junction to Newberry Junction, Pa., on the
A A. Road, 75 miles. Formerly Jersey Shore Pine Creek A Buft. and on "F"
Corning C.
BB.
;
Pittsburg Fort
;
;
June and December. The second mortgage is also in
$860,000 each, lettered G to M inclusive (J omitted), and the
interest is payable Jan. and July on "G" series, Feb. and Aug. on " H,"
March and Sept. on I," April and Oct. on " K," May and Nov. on " L,"
and June and Dec. on " M.
Lessee pays $104,100 yearly t sink, fund,
and if bonds cannot be purchased, funds accumulate.
OF the above 1st
mortgage bonds, $1,753,000, and of the 2d mortgage $2,154,000, and
$1,135,649 cash, were held in the sinking funds Jan. 1, 1889. The
special improvement stock is issued to Pennsylvania RR. for improvements, Ac, under article 16 of lease, which provides that the lessee
may issue special bonds or stock, and in 1888 improvement bonds were
authorized for same purpose, but not yet issued. Penn. RR. holds $1,218,519 special improvement stock.
it Is
six series of
'
114
]^\EfclOIIS'
fcUPPlEAilKT.
[Vol. XLIX.
Subscriber* will confer a great lavor by giving Immediate notice of any error (Uncovered In these Tables.
DESCRIPTION.
For explanation
of
on
Miles
column headings, Ac, tee notes
page of tables.
first
Pittsburg McK. <t Yougk. Cons, stk., guar. P. A L. E.
1st niortg.. guar, by P. & I.. E. and L. 8. A M. 8..
2d mortgage
for $ 1 .750,000
Pittsb. Painesville <* Fairporl 1st M.. g.. Int.
Pitlsb. Sncnango <t L. Arte 1st moit. gold
1st mortgage, gold
Pitlso. Ya. <* Charleston
Pittsburg *
1st
Western.
Pitts
mortgage
Pitttburg Youngstown
gu.e"
Newcastle A Lake Erie
<t Ashtubutal'nt. Stock
Lawrence RR,
Ashtabula
New
A
<
1st M.,g.(for $10,000,000). 0"
o
1st mortgage
Pittsburg, 1st mort
cr
mort. (for #4.000,000). s. f. 1 p. e, not dr. o
Porf Jervis Monticello * X. 1'. 1st M. ($10,000 p.m.)
Port Royal cr Augusta lstM.,s.f.,$l0.0O0,dr.at 1 lO.e
2d mort., endorsed by Central Ga., s. f. $6,000 . c
c
General mortgage income bonds, coup
Port Royal <r West Carol.- Con. H., s.f., red. at 110.0*
0*
Augusta A Knoxvllle mortgage
Portland of Ogdensb. 1st m.g int. guar. M. Cent, c
Consol. mort. $20 000 p. in. (guar. Maine Cent.) c
Portland* Rochester Stock ($600,000)
Portland Same? Portsmouth Stock (guar by rental)
Portland it Willamette Vol. 1st M., g., red. at 105 o'
Ports outh rf Dover Stock, 6 p. c. guar. East. Ma.'a
for". 01. Falltd Con. Stock, gu. same div. as East.
,
m
1st mortgage
preseotl <* Arizona Ctn'.
1st M.,
g
,
sink,
fund
c
2d mortgage, incomes
Providence a? Spring/. 1st M. (end.by City Prov.io*
Providence <t Worcester Stock
1st mortgage
Qrtincy timaha
let mortgage
<t
Kan.
C
C
Pref. 1st
mort
JOLT,
1889.]
RAILROAD STOCKS AND BONDS.
US
INVESTORS' SUPPLEMENT.
116
[Vol. XL1X.
Subscribers will confer > crest favor by giving Immediate notice of any error dlscorered la these Tables.
k^
DESCRIPTION.
of
For explanation of column headings, Ac, see notes
Road
on first page of tables.
4 Augusta
coup
c*
Raleigh* Gaston 1st mortgage
Reading d Columbia 1st mort., (extended)
2d mortgage, coupon (extended In 1884)
Debentures
o*
c
Raleigh
1st mult., fiimlitiK
M
e
o*
Lancaster A Reading, 1st
Mtn ttaer * Bara Stock, 8 p. e. guar. Del. A It.Can.
o**t
consolidated
1st mortgage,
(for $2,000,000)..
Richmond it Alleghany 1st mortgage, gold
Becond mortgage, gold
Rich.* Danr.-8t'k<$4,261,000 owned by R.AW. P.)
u
3dm.
(consol. of 1867),
Richmond
to Danville
Richmond
mort.,
to
15
195
79
252
252
i"iVi
..
General mort., gold, Rich, to Danv. A branches.
Debenture mortgage bonds, cumulative
ConsoLM. g.($15,0v0p. rn.),$or ($14,500,000)0
Equipment Trust bonds
Northwestern, N. C, 1st m. ($15,000 p. m.),g.gu.o
Rich. York River * Plies.. 1st mortgage
2d
97
40
40
West Point, Va
Stock guaranteed C per cent....
Wash. On. AWest. 1st m., guar., Alexun.to R. Hill
Income mortgage
Oxford A Clarksyillo, 1st M.. $15,000 p.
Rich, tred d. Pol.-St'k, com. ($1,071, 100 dlv.obllg.)
Stock, guar. 7 p. c, except $19,300 guar. 6 p. o.
Convert. bondi>,$l 37.380 5s, duel 60 1 6sA7p, 1 895
Coupon bonds of 1890
.
.
,
Coup b'ds ($57,327 are ."s pay. J. A J. In London)..
Richmond <f Petersburg Stock
152
152
152
Date
1880
1873
1862
1MIM
1877
1873
$1,000
1.000
lOOAo.
l.OOO
1.000
100 Ac.
100
1871
1880
1881
l.OOO
1,000
1,000
1867
1874
1882
1886
lOOAc.
1,000
1,000
1,000
"34
38
38
1888
1873
1880
SO
50
50
1884
1 884
1887
()
l'.obo
l.(MH)
1
,000
100
l.ooo
100
110
81
81
6
1871
18.'
58A70
1875
100
500 Ac
100
100
1887
1.000
23
23
Consol. mortgage ($50,000 are 7s)
<t West It. Ter. R. <t W. Co.
Stock
6,869
Preferred 5 per cent stock, cumulative
Collat. trust bonds, gold (red. at I05$8,j00,000.o'
Richmond
A
Worcester. Owns from Providence, R. I., to
Providence
Worcester, Mass., 44 miles; branches, 7 miles; total operated, 51 miles,
In May, 1888, arranged to lease road to the N. Y. Prov. A Boston R.R.
for 99 years at 10 percent per annum on the stock, (which la also to be
Increased Oot. 1, 1 8*- 9, $500,000 for terminal improvements, Ac), and
road turned over In June, 1869. In 1886-7. gross earnings were $1,270,1
828; net, $438,977; surplus over interest and dividends (9 * p. ct.),
$107,167. In 1887-3 gross earns. $1,397,601 ; net $402,6:20; surplus
over charges and 10 per cent dividends, $49,054. (V. 46 p. 573; V. 47,
p. 800; V. 48, p. 829.)
A
A
7
do
D.
do
Last paid Dec, 1879.
Dividend.
1926
Jan..
Jan.
Hon.
June
Deo.
1, 1898
1, 1912
1, 1904
1, 1917
1, 1893
1, 1889
Read RR. July
A J N.Y., Del.A H.Canal Co. July
MAN.
do
do
Nov.. 1921
J. A J.
Last paid Jan., 1883.
July 1, 1920
A N. Last paid Nov. 1882. May 1, 1916
A J
July 8, 1;89
A N. N. Y. Office, 2 Wall St. May 1, 1890
A J.
do
do
Jan. 1, 1915
A O.
do
do
April 1, 1927
do
A O.
do
Oot. 1, 1936
4
7
l g
J. Bali.A I'hll.Mcch.N.Bk.
J. Halt. A Pliil.Mech.N.Bk.
8. Phila..PlrU.A Read. RR.
-
o*
6
I*
J. Phlla.,Plill.A
A O.
A J.
A N.
3
J. A J
4
F. A A.
6
6g- M.AN.
3 Hi
J. A J.
M. A N.
5,6,7 J. A J.
J. A J.
8
g. A 6 M. A N.
J. A J
3>s
6A7 M. A N
"2 is J. A J
6 g. F. A A
A.
J.
6
M.
Y. Office, 2
WaU
1939
1894
1900
1889
July
do
1924
None paid.
1924
N. Y, Office, 2 Wall St. Nov. 1, 1937
Richmond, Office.
July L. 1869
do
do
May 1, 1689
do
no
JuV95 A 1901
1890
Phila.,Town,Wliel; Rich
do
do
Jul.ANovl901
Richmond, Office.
July 3, 18s9
do
do
May 1, 1915
do
do
do
do
St.
do
do
do
April
Jan.
Nov
1,
1,
1,
2,
1869
1897
N. Y., Office, 2 Wall St. July 10.
do
do
Feb.
1,
proportion of four shares of Terminal for one of Rloh. A Danville.
The interest on the Debenture bends was strictly cumulative and In exchange for the overdue coupons new consol. mort. 5 per cent gold bonds
were given. Of the consol. mort. bonds of 1936 $10,720,000 were reserved to retire tne general mort. 6s of 1915 and the debentures. Of the
Ox. A Clarkes. 6s due 1937 $264,000 have principal and interest and
$480,000 interest only guarantied by Rich. A Dan. In 18s9 endorsed
No. Car.
the bonds of the Georgia Co There are $111,000 Clarkesv.
6s (M. A N.) guar, due Nov., 1937. Only $1 ,000,000 of the Wash. Ohio
A Western bonds receive lnu rest.
Dividends since 1876 have been: In 1881, 5 per oent; in 1852, 7; in
1887,
3; in
1888,
5; in
The annual report
In the
1889, 10.
for tne year ending Sept. 30, 1888,
Chronicle, V. 47,
p.
707, containing the following
was published
:
INCOME ACCOUNT.
Augusta. Owns from
Raleigh, N. C, to Hamlet, N. C,
8 miles; Hamlet to Gibson, 10 miles; leases Moneure to Pittsboro. 10
miles; Cameron to Carthage 12 miles: total, 130 miles. Formerly Chatham Railroad, now controlled by Raleigh A Qaston (which owns most
ot the stock and bonds) and so by Seaboard A Roanoke. Stock is $373,000; par $100. In year ending Sept. 30, 1887, gross earnings, $240,109;
net,$64,010: 1887-8, gross, $241,987; net, *88,978; surplus over Interest, Ac, $28,977.
1884-85.
Total receipts
Rentals and interestt
Balance
1886-87.
1887-83.
$
$
284,564
422,817
584,786
221,017
323,953
249,922
93,859
03,517
expenses in 1887-88.
334,861
Construction, equipment,
betterments, Ao
A
1885-86.
3,999,147 4,012,023 4,355,161 4,369.825
1,767,661 1,690,475 2,067,304 2,329.774
1,483,097 1,467,653 1,482,518 1,576,278
Net receipts
Gaston. Owns Raleigh to Weldon, N. C..98 miles and
Loulsburg branch 10 miles. Controls Raleigh A August* RR., 108 miles,
and has large Interest In Durham A Northern RR, under construction
from Durham to Hemic is in, N. C, 42 miles; a' d with Seaboard A
Raleigh
8
5
5
6
.
Lad
Stocks
.
A Kan.
Qulncy
Quincy to Trenton, 111., 134 miles,
Thfe ConipaDy is successor to the Quinoy Mo. A Paciflo sold in foreeloe.
ore and reorganized. The stock is $1,489,240 (par $100). (V.45,p.856.)
Raleigh
J.
Prlne'
Ipal.When Due.
in the
j
C
Omaha
500.000
400,000
500,000
500.000
1,250,000
625.0C0
744,000
2,101,200
500,400
172,720
150,000
357,327
1,000,000
384.000
44,102,462
5.000.000
5,500.000
A
J. A
M. A
J. A
6
$1,000,000
1,000,000
850,000
800.000
1,000.000
350,000
8,442,400
1,925.000
4,982,000
4,000.000
5,000.000
604.700
5,369,000
3,551.000
2,577,520
18 Ml
H
Bowls
INTEREST OR DIVIDENDS.
Amount
"Si"!
Bate pei \M'u Where Parable, and bj
Bonds Value. Outstanding
Cent.
Whom.
Payable
of
Balance, surplus
*
Included in
-
753,496
*
753,496
operating
RoaLOke controls Carolina Cent.; alio controls Ga. Car. A No. and jointly
Including debenture interest, whether paid or not.
guar, tne oonds. Seab. ARoa owns $742,2C0 ot the R. A G. $1,500,000
V. 47, p. 81, 161, 410,472,531,
Send- anniu.1 dividends aro paid at Raleigh, N. C, -(V.46,p. 100,539. 574. 699, 828;
stock; par $100.
664, 690, 707; V. 48, p. 663, 6S8, 730, 855.)
April 1 andOct. 1: April 1, '89, 3 p c Gross earns, year ending Sept.
1
A
Richmond Fredericksburg
Potomac. Owns from Richmond, Va., to Quantico, 79 miles; lease.] Quantico to Junction 2 miles.
There are $33,363 7 per cent debt certificates due July, 1899, ami $53,512
cent certificates due in 1901 and 1902. Dividends of 7 percent paid
Reading A Columbia. Owns from Columbia to Sinking Springs, 5onper
common stock in 1888 In 1887-88 gross earnings, $t08.S34; net,
Pa., 40 miles; branches, 16 miles; Lancaster A Reading Railroad,
leased 15 miles operates Marietta Junction to Chickies, 6 miles total $236,826; int. and guar, div'nd, $82,206; sur., $154,620. (V. 47, p. 626.)
Richmond He. West Point Terminal Railway A WareThe road is controlled
orierated, 77 miles.
Stock, $958,268 par $?,0.
and operated by Phil. A Reading (which holds the above debentures), house Co. {See Hap.) The mileage controlled and operated in Nov.,
but accounts kept separate. In year ending Nov. 30, 1888, gross earn- 1888, was 7,369 miles (including water lines) as follows:
Richmond & Danville System. Richmond A Danville ami Piedmont
ings were $312,769; net over operating expenses, $66,786; surplus over
Interest on Lancaster A Reading bonds, $42,287. In 1886-87 deficit RR. and branches, 274 miles; Richm'd York River A Ches. RR., 39 m.;
Northwestern No. Carolina RR., 25 in.; No. Carolina RR. and State Uniunder fixed charges was $25,146.
Atlanta A Charlotte Air Liue R'way and branches,
Rensselaer ec Saratoga. Owns Troy to Ballston, N. Y., 26 miles; versity RR., 232 m.:
288 m.; Virginia Midland R'way, 413 m.; Wash'n Ohio A West'n RR,
Whitehall, N. Y., to Vermont lire. 7 miles; Eagle Bridge to Rutland,
West'n
No.
Car.
50
RR., 290 in.; Char. Col. A Aug. RR. and leased
m.;
62
miles; Saratoga to Whitehall, 39 miles; branch, 3 miles total
Vt.,
373 in.; Col. A Greenv. RR., leased lines and branches, 296 m
owned, 137 miles. Leases Albany to Waterford June. 12 miles; Sara- lines,
RR , 70 m.j Kuoxv. A Aug. RR., 16 in.; Rich.
A
Asheville
Spartanburg
to
22
miles Fort Edward to Caldwell, 14 m.j other
toga
Schenectady,
RR., 31 m.; Georgia Pac. R'way, 516 m Northeastern
branches, 10 m. total leased, 58 miles; total opeiatcd, 195 rules. A Mecklenburg
60
in
A Western, 20 in.; Oxford A Henderof
Statesville
RR.
Georgia.
in
Leased
871 to the Delaware A Hudson Cana)
perpetuity March 1
son, 13 in.: Clarksville A Durham, 57 in.; total Richmond A Danville
Co., which owns $1,600,000 stock; rental, 8 per cent on th? stock and
miles.
3.063
system,
interest on the bonds.
East Tennessee Virginia A Georgia System. (See East Tenn.
From Oct. 1, 1888, to Mch. 31, 1889, gross earnings were $1,033,594,
A Geoigia for details.) Total East Tenn. fystein. 1,603 miles.
against $1,090,335 In 1887-8; net, $352,331, against $367,340: deficit Virginia
CenthalRR. of GKORGiA.-(See that Company) 2,203 milep.
under charges. $168,136, against surplus $155,317. In 1887-88, gross
Lines. Ocean Steamship Co., 300 miles, and Bait. Ches. A
Water
earnings, $2,449,702; net, $790,387; deficit under fixed charges, diviRich. 8. B., 200 inlles 500 miles.
dends, etc., $176,357. (V. 47, p. 140, 776; V. 48, p. 222.
The Central Georgia RR. A Banking Co. was brought into control of
Richmond A Alleghany. (See Map of Ches. <t Ohio (Owns from this Company in Oct.. 1888, through the purchase of the stock of the
Richmond to Clifton Forge, 2s\ miles; branch to Lexington, 19 miles
Georgia C-jmpany, which owned a majority of the Central RR. stock.
leased, Buckingham RR., New Canton to Arvon, 4 miles; Valley RR. con
See V. 47, p. 499.
mectlon, 2 miles; total, 256 miles. June 23/83, receivers were appointed.
This company was incorporated by an act of the Legislature of Virginia
In June, 1888, a consolidation with Chesapeake A Ohio was proposed, of March 8, 1880. It was the auxiliary
corporation of the Richmond A
and Sept. 1 operation of the road was assumed by Chesap. A Ouio, and Danville RR.
Co., controlling several stocks by ownership of a majority.
accounts kept separate until May, 1889. The Rich. A Allegheny was In November, 1886, the Termmal Co. purchased a large majority of the
sold in foreclosure April 16. 1889, to a committee of bondholders, pur- R.AD.RR. stock. $5,000,000 of pref.Terminal stock was Issued, secuied
suant to the plan of consolidation wiih Che*. A Ohio. (V. 48, p. 527.)
the deposit in trust of 25,000 shares of R. A D. stock; and afterward
The 1st mort. bonds with all overdue coupons take new $1,000 first by
the common stock was increased to $40,000,000.
mortg. bonds bearing 2 per cent interest for five years and 4 percent
The statement in Chronicle of June 8, 1888 (V. 48, p. 764), showed
for 95 years. The R. A A. 2d mortg. bonds take new seconds for $250
what this company had of securities owned and what were pledged
bearing 2 per cent for one year, 3 per cent for one yetr and 4 for 68 years; for the trust bonds of 1 887 and for the trust bonds of 1889.
also $125 in Income bonds and $625 in new Ches. A O. common stock.
The Trust bonds of 1887 may be redeemed on notice at any tune at
(Interest at these rates was paid on the DrexelMorgan certificates,
105. See abstract of mortgage, V. 45, p. 575.
Jnjy, 1889.) All the new bonds bear date Jan. 1, 1889, and are to be
In March, 1889, the collateral trust mortgage for $24,300,000 (trussecured on the R. A A. property and to be either a direct bond of the tee Central Tr. Co.) was issued, $4/ 00,000 being reserved to retire (if
C. A O. or the first and seconds are to be guaranteed by C. A O. R. A A.
deemed advisable), $5,000,000 preferred stock, $5,500,000 for the colstock having paid 10 percent assessment takes new Ches. A O. stock for
trust bonds of 1887, $4,000,000 for the Georgia Co.'s bonds, and
70 per cent of Its face value and C. A O. 1st pref. stock for the assess- lateral
more to take up the East Tenn. 1st pref. and the Rich. A
ment. See Chronicle. V. 47, p. 199. 382 -(V. 47, p. 81, 199, 382, 745, $1,949,000
Dan. and Cent, of Georgia common stocks outstanding. The first issue
776; V. 48, p. 160, 462, 527, 689, 730; f. 49, p. 21.
They
of $5,000,000 went to pay off floating debt. See V. 48, p. 2(11.
Richmond A Danville. (See Map Rich. <t W. P. Term.) The, will be a first lien upon stocks and bonds having a market value of
main line is from Richmond, Va., to Danville. Va., 140 miles; branches, about $8,606,600 and a second lien upon other securities having a
12 miles; Danville, Va., to Greensboro, N. C, 47 miles; Salem Junc- market value of about $11,937,900, subject to $5,^00,000 outstanding
tion, to Salem, 25 miles. The Virginia Midland RR., Columbia A Green- 6 per cent collateral bonds, aud a lien on 25,000 shares of R. A D.
ville, Charlotte Columbia A Augusta and Western North Carolina aro stock, valued ot $5,000,000, subject to the agreements of Dec, 1886,
leased for 99 years. Tbn Piedmont RR is virtually owned, also the and Sept., 1887. The sinking fund of 2 per cent begins Feb. 1, 1898,
Northwestern North Carolina. The Rich. York R.A Chesapeake in leased bonds to be drawn If not purchasable at par.
In perpetuity. It was proposed in 1888 to lease the East Tenn.Va. A Ga.
Dividends on preferred stjck nave been: In 1887, 2W1 percent; In
for 99 years, but lease was enjoined. In Nov., 1888, the
Georgia Paelflo 1888.5; in 1889, 5.
was leased. For whole system operated see R. A W. P. Terminal
The prices of common stock have been: In 188.1, 122al74 ls; in
Co.
In Feb., 1887, the R. A D. stock was mostly exchanged for Terminal 1882, 233263; in 1883, 21339; in 1884, 1232; In 1885, isaea
30, 1887, $166,226; net $142,906; adding other reieipts, $200,700.
Gross In 1887-8. $469,458 net (including other receipt*), $286,815;
surplus over interest and 4 per cent dividend, 8146,815.
;
;
;
;
;
:
:
;
;
,
1
,
;
ouly,
1889.1
RAXLKOAB STOCKS AND BONDS.
117
118
INVESTORS'
Subscriber* will confer a great
by living Immediate notice of an* error discovered In these Table*.
Bonds fnnoiINTEREST OR DIVIDENDS.
Mile* Dan Size, or
oal.When Due.
Amonnt
of
of
Par
Rate per When Where Payable, and by Stocks Last
Outstanding
Road Bonds Value.
Ceut.
Whom.
Payable
Dividend
1% explanation of column headings, 4c, tee note*
on
Ural
pag of
Pi. Te
table*.
N. Co. (Continued.)
$.'4,300
g. red. at 100, *.f c*
trust inort., gold
"o
6.% rental N.Y.L.E.4 W.
Island* Peorim 8 tock
.
R.
<*
M.
000
Craiu/f ITuier/ilBi
4*
R* rA .< OeneseeVal.-etuvk.
18-1
Oon.collat.Tr.
Sock
1st mortgage
<0nol.
373
91
113
35
643
97
190
190
r
1st
U89
$1,000
1,000
$5,708,00 i
5,50 -.000
5 g
100
socaoo
S*'
.1
1,500.000
150.000
2>s
J.
25,000
10
f,.(MMI
4 50.0(H)
e
18
113
r
mortgage
Decatur 1st mort., go'd ($15,000
Wsiiie 4
p. m.)
Jssmie IFaferlmm <* Oyilensburu stock
let M., Wat. & R. Rome to ( ape Vin.,s.f. uotdr'n
1st M., s. f <2d M. on 91 m.)
3d mort. (3d mort. on 91 miles)
c*
Oonsol. mort.. (extendeoTnly. 1882, at 5 p. c.).o'
o*
Syracuse Northern, 1st mort. (gold)
R. W. 4 Of. Term. KB. Co., stock. 6 p. c. rental ..
. .
c
'
[Vol. XL1X.
for
DE8CRI1TION.
Birtimonct * West
SUPPLEMENT.
4 oil
45
14
14
120
120
120
36
120
120
252
252
196
87
let moil, guar
o"
tjMffuiio Stock, preferred
General mort. (8 per cent, reduced to 6i
c
2d mort. In exch. for equipment bonds, 4o
o
<*Voir Valla/ <t 81. Limit 1st mortg., coup
Joh nxbttry < L. Champlain 1st M.,coup. or reg.
Consolidated mortgage (for $1,000,000)
Joseph <f Grand /.1st M.,*.,int. guar.by U. P.e*
3d mortgage, income, gold
o*
Kan.C4 0.KK.lstM. ($13,000 p.m.),g..int.gu.c*Ar
*l. Louis All it spring. IstM ,g ($12,000 p. m.).o*
ad mort., gold
#L L. Alt. <t Terre Haute Pref. stock (7 cum.), con.
Xst M. (series A) } sinking fund $25,000 yearly ,c*
lt M. (series B) J bat bonds not drawn
o*
o*
mortgage, preferred (series C)
Sd mortgage, preferred (series D)
c
8d mortgage, inco ues
c'
^R
"L
428
207
207
207
207
207
-d
1878
1885
18S6
1855
1861
1872
1874
1871
1,000
i;;,o.imhi
100
100 Ac
l.OOO
1,000
1,000
1,000
1,000
6,230,100
417,800
1,021,500
1,000,000
7.055.0OO
500.000
850,900
375.000
4,000,000
1,500.000
1,500.000
446,000
628.000
400,000
6,9i 4,000
1,673.000
i,oto
2,606,.V)0
Hi
5004c.
1,000
l.OOO
l.OOO
100
1688
1,000
1872
1878
1872
1830
1884
1885
1885
1887
leS7
1889
lCHI.Vc.
100
100 4c
500 4c
Too
1862
1,000
18112
5004c
1862
1862
1802
5004c
J.
A
A
J.
E
.1
4
A
8. -V.
J.
J.
A J.
A D
i<A A.
6
A 8
7
A D.
7
A J.
A. A O.
5
7
J. A J.
3
5
M. A N.
WaU
V. Office, 2
N. Y. Agency.
Mar, 1 1914
July 1, 1939
1889
1889
1900
St.
,
N.Y..byN.YL.E.AW.Oo July 1,
N. Y., Corn Exch. Bank July 1,
do
do
Jan. 1,
do
do
Jan. 1,
None paid.
Dec. 1.
N. Y. Office, 90 B'dway Feb. 15,
N. Y., Central Trust Co.
do
do
do
do
do
do
do
N. Y. Office,
5 Pine
do
do
(1
Deo.
Jan.
July
July
1926
188SI
1910
1891
1892
1922
1901
Sept. 1,
I
11)25
1.
1,
1,
1.
8t.
May
1918
1889
100*
5
1898
8
1902
g A. A O. Bost., Am. L. A Tr. Co.
1910
l
Boston.
Q-J.
1914
M. A N N. Y., Central Trust Co. May
1925
do
If. J. A J.
do
1925
J. A J.
do
do
Jan. 1, 1927
New Yotk.
8
1918
June 1, 1909
g.
?
S.Y.,Omoe,18 Broad St Jan. 10. 1889
7
J. A J.
do
do
July 1, 1894
7
A. A O.
do
do
July 1, 1894
7
F. A A.
do
do
July 1, 1894
7
M. A N.
do
do
July 1, 1894
7
M. A N.
do
do
July 1, 1894
1
1,
1,
1,
1,
1,
Oct. 1,
April 1,
1,
July 1,
Rutland. Clan. Nat.Bk.
July
M. 'AN. Bo*.,GlobeNat.Bk ARut Nov.
do
r. a a.
do
Aug.
M. 4 N Boston, C. Merriam, Tr. May
6
-
MA
2,468.400
1,100,000
1,100,000
1,400,000
1,400,000
1,700.000
1,000
1.000
VI.
-
34 In 1886,27i4774; in 1887, 20<853; in 1889, 19*29%; in 1889 ing. The 5 r.c. 2ds are a first mortg. on
stock and personal propto May 17, incl., 2208327*. Pref. In 1587, 4387a; In 1888, 559 erty. Conimou stock is $2,480,600; (parrolling
$100), of which In Nov., 1887,
the Del. 4 Hud. Canal purchased $1,500,000. The income aooo int for
7>4 in 18e9 to July 19, incl.. 76984%.
The annual report for year ending Not. 30, 1838, wis given In V. 47. year ending June 30, 1888, was In V. 47. p. 81 Dividends on preferred
:
:
m. 742.
449. 511. 574, 579, 699 V. 47, p. 140, 432, 499, 532,
V. 48, p. 190, 209, 261, 369, 634, 663, 764, 799.)
(V. 46. p.
^*% 745
;
;
stock since 1876 have been: In 1881,
and
188.-, 1; in 1886
(V. 45, p. 1 12, 643,
14 per cent
and 188 7. 1 19 In 1888. 1
744 V. 46, p. 38 V. 47, p.
;
;
;
in 1882, 2
In 1884
in 1889 to date, 1>*.
81.)
;
Kle Grande Western. (See Map.)-l.\sF. ok Road Colorado
Btate Line to Ogden. Utah, 311 miles; Bingham Junction to Alta, 18
Saginaw Valley dc St. LouU.-Owus from Ithaca to Pains,
miles; Bingham Junction to Bingham, 16 miles; P. V. Junction to coal Mich., 3b miles, and leases Alma to St. Louis and Pains to Saginaw. 9
mines, 19 miles; other branches. 9 miles total, 373 miles. The stock miles; total, 45 miles. Ooened Jan., 1873. Stock, $264,804, par $100.
8 $7,500,000 loraiiion and $7,500,000 pref.; par $100.
In 1886, gross, $90,131 net, $7,848. In 1887, gross, $99,784 net,
This company wa formed In June, 1889, pursuant to the plan or $23,218; Int. payments, Ac, $35,680; total def. to Dec.
31, '87, $85,521.
March, 1889, for widening the gauge and retiring old securities In July, '79, management was transferred to the Detroit Lans. A No.
"with new iRsues. See V. 48, p. 429. This plan provided for the issue
-f a new first mortgage for $16,000,000 at 4 per cen% of which St. Jo*epli Ac Grand Island. -(See Slap of TJn. Pac.) Line of road
8,900,000 to be exchanged for the old bonds. $5,500,000 for St. Joseph, Mo., to Grand Island, Neb., 252 miles: Kausas City 4 Omaha
"widening the gauge and for equipment, betterments, Ac, and $1,4C0,- RR., Stromsburg to Alma, 151 miles, and McCool June to Kansas Citv 4
KX> reserved for future use; there Is $7,500;0O0 of preferred stoefr, Omaha June, 44 miles; total, 447 in. This
company was organized in
f which $4,140,000 went to old bondholders for their coupon certitlJune, 1885, as successor of the St. Joseph 4 Western, sold in foreclosure,
oates and redaction of interest, and $3,360,0 JO, exo pt as appropriated and includes also the Hastings 4 Orand Island RR. and the
bridge at
*iy the committee, to be held as a
and there was $7,500,- St. Joseph. The road is operated by the Union Pacino, which
OOO of new common stock exchangedreserve;
for old at par.
owns $2,301,500 of the $4,600,000 stock (par $100), and guarantees
From Jan. 1 to May 31, 1889 (5 mos.) gross earnings were $536,066. the interest on the first mortgage bonds. Kansas City 4 Omaha bonds
-against $491,000 in 1888; net, $163,559, against $lol,977. The annual have Interest guar, by St. J. 4 Gr. I. and U. P. under a perpetual agreereport for 1867 was in V. 46, p. 536.
ment for operating the road. The Union Pac owns $1,182,S00
In toe year 1887 gross earnings were $1,181,324 net $324,725 sur- bonds and $1,725,375 of the $4,275,400 stock of the Kansas
City 4
plus over Interest, $74,227. In 1888, gross, $1,369,892; net $378,162; Omaha and 8 Joseph 4 Grand Island owns $413,000 of the bonds
arplus over charges, $114.86V (V. 46, p. 254, 413. 536, 771, 80 1; V. and $309,750 stock.
*8, p. 420, 429, 526, 556, 688, 800, 855; V. 49, p. 23.)
From Jan 1 tj May 31, 1889, gross earnings were $452,43), against
$417,745; net,
against $128,825. In 1888 gross earnings.
Bccheiter Ac Genesee Valley. Owns from Avon to Rochester $1,011,110; net,$123,897,
$s78.361; deficit under interest, etc. $1,082. In 1887
JJ. Y., 18 miles. This road was leased July 1, 1871, In perpetuity, to gross earnings *l,005,412; net, $337,516; deficit under charges, $30.3We Railway, and now operated by New York Lake Erie & Western. 562. James H. Benedict, President, New York. (V. 45, p. 614, 673,
;
;
:
;
:
j
.
James Brackett, President. Rochester, N. Y.
-"Sental, $34,012.
Rome
Ac
Decatur Owns from Rome,
fc5
riles, and projected to Decatur.
The bonds were offered in New York
A Fell, and when they suspended in 1887 work ceased. R by
T.
horsey, of Atlanta, Is receiver.
Receiver's certificates for $400,000
were issued to complete and equip the road to Attalla. In Feb., 1889,
committee on reorganization was appointed, consisting of E.
atelley, Cauiillo Weidenfeld, John Byrne, J. a. Sliver and 8. F. Austin.
Wee V. 48, p. 223. Eugene Kelly, Pres'c, New York. (V. 46, p.
* 371; V.
7, p. 382; V. 48, p. 223.)
3rovesteen
Rome
'
Wstrrliiwu
M
Ogdensburg. {See. ap. (Niagara Falls
rto Massena
Springs, 301 miles; Lewlston Junction to Lewiston, 4
to
37 miles; Richland to Rome, 41 miles;
Syracuse
Pulaski,
;mlles;
Watertown Junction to Cape Vincent, 24 miles; DeKalb Junction to
'Ogdensburg, 19 miles Rochester to Windsor Beach, 7 miles Woodward's to Oswego, 29 miles Utloa to Ogdensburg, 134 miles; Carthage
*o Sacketts Harbor, 30 miles Theresa Junction to Clayton,
16 miles;
aotal, 643 miles.
The R. W. A O. was a consolidation Oct., 1861, of the Watertown A
Rome and the Potsdam 4 Watertown railroads. The Oswego 4 Rome
"jras leased January 1, 1866. The Niagara Falls Branch road was leased
Mov. 1, 1881, and all but $7,000 of its $250,000 stock la owned. There
are also outstanding $100,000 Oswego RR. bridge 6 p. o. bonds, due
-web. 1915, and in addili n to ether rentals the company pays
as rental
-Interest on $175,000 Syracuse Phenit A Oswego 1st
>rtT6s., due Feb
1, 1915, and on $130,000 Norwood A Montrea', 1st
>rr. 5s, due April
. 1916, and to the Carthage Watertown 4 Sackett's Harbor RR.
-*v I* percent of Its gross earnings.
The Utloa A Black River road and branoheswere leased in April,
3880, the E.W.40. guaranteeing fixed charges and 7 per cent per
annum on the stock, a majority
of which It holds.
Dividends have been: Iul887, 6p o.; In 1888, 6; in 1889 to date, 3.
From Oct 1, 1988, to May 31, 1889 (8 mos.). gross earnings, including
B B k Elver were $2,138,852, against $2,063,351 in 1887-8;' net
iff?L, .l ?
851.986, against $852,105.
Fiscal year ends Sept. 30. Report for 1887-8 In V. 48, p. 36. Earn
gs were as follows:
Ac
;
;
;
;
m
m
,
-
ras earnings
Wet Income
1886-6.
1886-7.
1887-P.
$2,406,793
$941,243
$3,138,447
$1,319,840
$3,328,325
$1,317,223
$693,480
$919,551
276,825
$884,142
327,834
Deduct
-merest and rentals
SKvldenrls
Total
$693,480
$1,196,376
$1,211,976
Surplus for the year
$247,763
$1 23,464
$135,252
<V. 46, p. 40; V. 46, p. 134, 201, 650; V. 47, p. 188, 66-,..-='
.p.
36. 260.1
Rutland. Owns from
Bellow's Falls, Vt., to Burlington, Vt., 120 m
This road has been through many changes. It was leased to the
Cent Vt
1 n Dec, (0, for 20 years, but the lessee became
Insolvent, and finally a
odjficatlon of the lease was made, giving $250,000 per
year as a minirental nd $3,000 for organization expensss; but In 1887-88 lessee retained $18,000 for taxei, whioh led to legal proceedings now pend-
mum
4 O.;
771. K. C.
Ga., to Attalla, Ala.,
V. 47, p. 555.)
St. Louis Alton dc Sprlngfield.-Owns Bates, 111., to Alton, HI.,
87 miles. Uses Wabash track to Springfield, 13 miles, out road to be
built to that point. None of the bonds were issued up to August, 1 - 89,
ejoept as collateral security. Stock authoilzed, $1,500,000; par $100.
Trustee of mortgage, Farmers' Loan 4 Trust Co.
St.
Louis Alton
Ac
Terre Haute.
Owns main
(See Map).
line
from Terre Haute, Ind., to East St. Louis, 193 miles; proprietary line,
East St. Louis to Belleville, 14 leases Belleville A Southern Illinois
RR., Belleville to Du Quoin, 111., 57; Belleville A Eldorado RR., from
Du Quoin to Eldorado. 50; Belleville 4 Carondelet RR., from Belleville
to East Carondelet, 17; St. Louis Southern, Pinckneyville to Carbon
dale, 111., 33; Carbondale 4 Shawneetown, Carbondale to Marlon, 18;
Chic. St. L. 4 Pad., Marlon to Paducah, and br., 5i m.; total, 436 miles,
of whioh the company operates only 243 miles, the main line, 193 miles,
having been leased Nov. 1, 1882, to the new Indianap. 4 8t. L. Railwav
and the Cleve. Col. ('in. 4 Indianapolis Jointly. This company was a
reorganization, Feb. 18, 1861, of the Terre Haute Alton A St. Louis RR
The Bellev. A So. Illinois is leased to this company for 999 years from
Oct. 1, 1866. Leaso rental 40 per cent of gross earnings up to $7,000
per mile (except on coal, 4c), 30 per cent above $7,000 and up to $14,000 per mile, and 20 per cent on any excess of $14,000 per mile.
Interest on bonds, and sinking fund of $5,000 per year, guaranteed
by lessees. Common stock of Belle. 4 Sj. 111., is $430,000 and
preferred $1,275,000, an I dividends on preferred stock since 1880 prior
to current year have been
min 1881 5>*in 1882; 6>4 In 1883: 5>
in 1884 5 in 1885 5 in 1886; 6% in 1887 6% In 1888 3*4 in 1889.
The Bellev 4 Carondelet is leased for 983 years from June.- 1383, at a
rental of $30,000 per year, whioh is a guarantee of int. on the bonds
the stock of $500,000 being owned by the St. Iiouis A. A T. H.
The Bellev. 4 Eldorado is leased for 985 years from July 1, 1830, at a
rental of 30 per cent of the gross earns., but $15,400 per year guar.
Stock $1,000,000 par $100. The St. Louis Southern RR. is leased for
980 years for SO pr cent of gross earnings, int. on 1st mort. being guar.:
the Carb. 4
*nee. RR. is leased for 980 years for $10,000 a year,
and int. Is .i.ir. The Chicago St. Louis 4 Paducah road is leased for
978 years from March, 1888, at 30 per cent of gross earnings, with
guarantee of rental to pay 1st mortgage interest. (V. 47, p. 801.) The
1st M. bonds on this road are redeemable after Sept. 1 1892, at 105.
;
:
;
;
;
;
;
;
,
The rent received
for
main
line is
$450,000, unless the gross earning*
exceed $1,750,000 In any year ending Oct. 31, and then 20 per centla
to be paid of the excess of gross earnings over $1,750,000.
Deo. 31, 1887, sinking fuud held of the first mortgage bonds $636,000
(included above) on which interest is paid and $478,936 cash. The
inking fund for nrst mortgage bonds is $25,000 per annum, i' bonds
can be bought at 110 and interest; otherwise lapses. The dividend
Dond terms were In V. 48, p. 389. The preferred stock has a prior
right to a cumulative dividend of 7 per oeut before any is declared on
common. It Is also convertible into common at par. Common stock is
$2,300,000; par $100.
Dividends on preferred stock since 1976 have been In 1878, 2 per
cent; in 1881. 3 and 55 in bonds; fiom 1882 to 1885, Inclusive, 7; in
1886, 2 '. in 1887, nil ; in 1888, 4 111 1889 to date, 1.
Fiom Jau. 1 to April 30 (4 months) gross earnings were $316,540 in
1889. agst. $295,531 in 1888; net, $110,337 at-st. $122,204.
The annual report for 1888 was in V. 43, p. 307.
:
;
1
:
July,
1889.1
RAILROAD STOCKS AND BONDS.
I
lit
i'>
INTESTOKS' SUPPLEMENT.
|
Vol.
XDX.
July,
RAILROAD STOCK AND BONDS
1889.]
191
'
j. t
.
"Waverty PSy.
TaylorviueV
Roodhouse
SjVhitohall
GteH
Y*
|C
/
J
&*
.vT X.
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-
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Bri^hton^
AlUunont I
Lto
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rZiT
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<P
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iurken
e
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*>
f*U8*^o5ts>J Princeton
L.OO.
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Percjr
point
At**"
*v
^wt>V^
jEenrietta,
PotoeiO^-<S^
i
*
^7r~ML.
#>*
JoApeT
Moral
<fv;
onne
"^1
**
2fcvansville
'Terre
Harrison""Jk
^Bismarck
u
^^^kJKVl
i.^>ttr><nONDALE
.
!
Grand Towerjj*
tlorffanfield
MAP OF THE
ST.
LOUIS,
AND
De Koven
ALTON
1
^WParker
Jonwboro
t
Girardc&uf
fj
BELLEVILLE
A CARONDELET,
A SOUTHERN ILLINOIS,
BELLEVILLE
4 ELDORADO,
ST.
LOUIS SOUTHERN,
>
ST.
LOUIS
v
& PADUCAH.
Madison V./
^
^r
fc
<ir
fddCJnw
Birds T*i2
1
cw-
^
i\*
Morence
^
^\^
>Vrinccton
U.I.S-
PADUCAH^
LINES,
COMPRISING THE
CHICAGO
a
1
RAILROAD.
BELLEVILLE
*^T
IP
Jackson c
TERRE HAUTE
AND LEASED
City
1*3
INVESTORS'
SUPPLEMENT.
[Vol XL1X.
Subscriber* will confer a great tavor by giving Immediate notice ot any error discovered In these Table*.
DESCRIPTION.
Miles
tor
of
explanation of column headings, Ac, see notes
Koud.
on first pace of tables.
4W. Louit Alt. it Terre Haute ( Continued) Dividend bonds, Income (see toruis, V. 48, p 389)
Belleville A So. Il. 1st M. (lnt.As.f. gVd.) n. il cBelleville ACarondelet, let ni. .Belle. to E.Caron.o*
-Belleville
A
El
Dorado
2d mortgage
56
17
c*
0*
0*
c*
50
50
33
p. m.)...o*
1,262
1st (Int. guar)
St. Louts Southern 1st M., gold. Int. guar
33
Zd inortg. Income, non-cumulative
CarlKindal) A Sbawuei t'n 1st M.,glnt.guar.c18
bie. St. I. A I'iidnc ili, -t in g. r'd at 105gnar.o"
51
54
24 mortgage, gold, income (non-cumulative).. c*
mt. Louis Ark. * Tex. lsr M., gold ($13,000 p. ui.l.c 1,262
1
2d
<Bl.
(too. till '89, see
Louis
Louis
it
Cairo
rem
.
),
g.,
($13,000
1st uiori.. Int. guar..
M. AO. g..o
it
Chicago. 1st mortgage
Consol. mort.. g. ($50,000 p.m.)
0*
XL Louis it
o'
.c
6W.
Hannibal
1st
mortgage ($600,000)
161
50
70
85
Louis it San trancisco. Stock, common
1.451
Preferred, 7 per cent, not cumulative
1,451
1st preferred, 7 per cent, not cumulative
294
2d mort. (now 1st), A, gold) (Pacini' to 8ene< a,
do
do B, gold > Mo., and branches)
294
do
do C, gold )
294 miles
2'..4
Equip, mort, gold, $80,000 dr. ann'lly. at 105c*
1st on Mo.A West RR.,g. $d,iO0yrlv dr. at 105. c*
82
Collateral trust bonds, gold, sink. fa. not drawn..
103
St.L.Wich.A West , 1st
145
(Osw.to Wleb.) g.,guar.
Gen. M., g.(lst on 365 in.) ($7,727,000 are 6s) ..c* 990
Collat.Tr.M. on baches ($20,000 per mile), gold.c*
55
Equipment Trust ($23,000 due each A. A 6 )
Kan. C. A8.WlstM.,g.,red.at 1 1C ($12,000 p.in.lc*
"62
1st M.,g., guar., red. at 110.
8t. L. Kan. A 8.
48
Ft. 8. A Van Bur.B'dge, 1st
g.drn at 1C5 guar.
SI.
,
m
W
m
Date
July,
1889.]
RAILROAD STOCKS AND BONDS.
129
1*4
mi
SUPPLEMENT.
INVESTORS'
great hn..r
confer
bs< rlbers villi
DESCRIPTION.
of column heading*.
on tint page of tables.
For explanation
Ac, see notes
mum
Date
Size, or
of
of
Par
Amount
INTEREST OR DIVIDEND8
When Where Parable, and
Rate per
Cent.
1st
54
107
1S8
158
231
231
167
1(7
c*
mortgage
c*
niortgngc
,gn.,s.f. not dr.c'
Taylor's Falls A Lake Blip.. 1st
Duluth Short I... 1st. guar.. cum. s.f. notdrawn.c*
Stillwatir A St. Paul- 1st M., g., (not guar.)
St.
m
21
2S
12
Paul Minneapolis it Manitoba Stock
DM
let M.,g Montana Exten. ($25,000 p. m.)...c*6r
Coua&raal trust bi mil*, g redeemable at par... o
Miimeap. Vn. BR.. 1st M., gold.guar.($3,000.000i
East, of Minn., 1st M g gu. <*50,000p. m.) c* Ar
Montana ten., lstM..g. ($40,000 p.m.). guar. cAr
St. Paul it No.Par. Stock ($10,000,000 authorized)
.
2*8
,
Cen.
M.. guar. ld.gr., ($1 0,000,000) rcg. Q.
F.c* 4
r
M
Rl:., Minn., 1st M..RR.. covered by Gen.
Ant. <t Aransas Pass- let M., g.,rcd. at 110. .C
1st M.,ex., gld. ($12,000 p. in.), ledeem. at 110. 3*
1st M., for i,!>,000.000, gold. $15.0C0 per mile ..0*
2d M.i g.. income for 5 years. $8,000 per mile
JSan Diego Cvyamaca if Kast. IstM. $2i.0O0 p.m.
Sandusky Mansfield it Sewark Re-organ 1 zed stock
West'rn
San
l8tM..g>lnt.gu.iinderleasebyB.AO.andCent.Q.c*
1881
1*87
1884
lxmi
191
1,000
100 Ac.
1,000
1,000
1,000
1S.30
1893
1887 l.OOOAc
1888
1.000
1882
1,000
ISS8 l.OOOAc
1887 1,01 K)Ac
100
1883
1.000
1877
1,000
1885
1,000
1886
1,000
ISMS
1,000
152
152
60 >s
ISO
315
43
459 1SSS
1889
116
116 1869
1,000
500 Ac.
50
1.000
1897.
2,219,901
1888.
2,382,157
315.000
7
4,732
315,000
565.000
815,000
2,070,947
382,497
2,271,297
540,654
of dividends..
7
7t
7;
5,974
2,784,901
652,908
3,197,157
28,926
7
2
15
5
5
O.M
-
u
f
(I)
*
I*
CO
1,008,832
2.300.000
b>
do
N. Y., Central Trust Co.
do
do
Fourth Nat. Bk.
do
do
N. Y.,
.1
A A. NY.. Central Trust Co.
A O N.Y.. first Nat Bank.
A
N. 1
Central Trust Co.
M. A 8
do
do
J. A D.
Q.-F. New York, 40 Wall St.
iti
J. A J
do
J. A J New York and London.
A. A O
do
do
M. A N
N. Y., 40 Wall Bt.
J. A J
do
do
J. A D
do
do
F. A A,
do
do
J. A J
do
do
A. A O N.Y..40Wall;tfo.,LecII
J. A J
New York. 40 Wall Bt.
Q-M. |N. Y. OfHee, 35 Wall St.
F. A A N.Y., Wlnslow, L. A Co.
M. A N,
do
do
J. A J, N.Y.,8.M.8wensonASon
J. A J.
do
do
A. A O
New York.
A. A O
None paid.
3H>
7g.
.1
.
|
S'-annu
Feb. 1 Moss N. Bki.'satid'ky.O.
I.
A
J. N. Y..
Union Trust Co.
Princi-
When
Due.
Last
Dividend.
Storks
Broad St. Dec.
do
June
D. N.Y.OIllce.15
F.
1*
3,672,000
N
i
.1.
7
l g
438,000
M. A
Bonds
pal,
A.
6
7
1.750,000
3,715,000
.1
.1.
5
>.OO0
D.
A
.1
st
8,000,000
6g.
5.676,000
6g.
26.215.000 4*s A g
4 g.
7,468 000
5 g.
8,000,000
2,150,000
6g.
4,250.000
*
5
6 g.
4,50 1,000
I 1*
5,000,000
1936
1937
1897
May 1. 1898
July 15, 1889
July 5, 1887
Aug. 1, 1931
Oct. 1, 1917
Jan. 1. 1914
Sept. 1,1918
Dec, I, 1900
Aug. 1, 1889
July 1, 1892
July I, 1909
Oct. 1, 1909
Nov. 1, 1910
July I, 1033
June 1. 1987
Aug. 1, 1898
July 1, 1922
April 1, 1908
July 1, 1937
Mar. 21, 1989
Feb. 1, 1928
May 1, 1907
Jau. 1, 1916
July 1, 1926
Oct. 1, 1938
Oct. 1, 1913
1918
Feb. 1, 1889
Jan., 1909
Jan.
1,
1,
1.
The land
sales for year ending June 30, 1388, were 51,001 acres for
$3-0,026, and 384 town lots for $ 17,205. The net amount due ou land
contracts June 30, 1888. was $295,105 ; lands unsold. 2,658,838 acres.
Dividends have been as follows since 1880: In 1881, 3 per cent; in
1882,9: in 1883, 8; In 1984, 7^; 1885 to 1889, inclusive, 6; Inls-ii to
date
Total disbursem'ts
Balance, s urplus. ...
'
7*
A
A
A
J.
J.
;g.
500.000
203,500
20,000,000
360,000
4.48D.00O
Too
1862
1879
1879
1SS0.
1,960,323
Miscellaneous
1,608.000
1,899,000
2.600.000
5.376,910
4,000,207 3
1.000.000
2,000.000
210,000
1870
1885.
1,751,215
Disbursements
Tnt. sink. fd. A rents
Dividends
Rate
70
,
$810,000
$1,000
1.000
1,000
1.000
100
100
1.000
1,000
1.00O
1,000
3,024
A
76
t. P.
Pac, 2d M. (1st on St. Paul to Watab). ..
656
1st mort. land grant sink. fd.. ft. drawn at 10.V.0*
c'
2d mort.. gold (does not cover lands)
473
t)ak. Ext.. 1st mort.. gold ($12,000 per mile)
Coneoi mort ..gold ($13,344,000 arc Os), op. or reft. 2,394
,
1886
19K7
1807
1868
Whom.
Payable
SI.
2d
XLJX
giving Immediate notice ot any error discovered In these Table*.
bjr
Road. Bonds Value. Outstanding
Xoieixf A'aii Fran n wo (Continutd)
8t.l-.8nUm A Ark.,lst M guar.,rede<m.at 105..C
Kan. MidlM. 1st M.. g., $15,000 p.m.. int. guar, o*
1st M.S. f. guar, not dr.c'
St. Limit Tan. it Terre B.
2d mort., sink. fund, not dr'n (#1 ,000,000 giiar-l.c*
St. Paul it Dulu th Preferred 7 p. c. stock 4 scrip.
Common stock
[Vol.
41-2
Range in stock prices since 1892 has been In 1893, 94169>a- in
in 1896, 10i>%121>s; In 1387.
169l,7ti^'a9i3; in 1=85, 79%lll
94Sjal50 78 In 1888, 94U4iji; in 1889 to July 19, Inclusive, 92
105.
The consolidated mortgage of 1883 is for $50,000,000, of whioh
$19,420,000 were reserved to pay prior liens. The mort g. on the Mon
tana Di v., issued in 1897 and due in 1937, is for $15.0 jO.050, to provide for extensions, $15,000 per mile being allowed for second track
See abstract or mortgage in V. 45, p. 342 ; Central Trust Co. of
New York, trustee. The Collateral Trust bonds due 1898 were
Issued as per circular in V. 46, p. 228. and may be paid off at pir
on three months notice; the Central Ttust Company trustee. The
Eastern Railway of Minnesota runs from Hinckley northward 70
miles.t o a po'.nt near Duluth; tbe mortgage covers equipment, terminals
and elevators. The St. Paul Minneapolis A Manitoba leases the
road till 1997. and guarantees the bonds.
The Montana Central
bonds are issued on severa road" 'V 46. p. 125) and are guar, principal
and interest by the Bt. P. M. A M. Co.. which owns the M. C. stock. Fiscal
year ends June 30. Report for 1887-89 in V. 47, p. 497, 502.
1884-85.
1885-86.
1886-87.
1887-88.
Miles operated
1,471
1,509
1.935
2,643
:
;
;
-
*
Male up as follows: Interest and dividends, $524,845; sale of gen
snort bonds, $159,030; profit on securities sold, $432,697.
{ And 5 ptr cent on pref.
t And 2^ per cent on pref.
(V. 4S. p. 54, 793: V. 46. p. 40, 76, 134, 255. 449, 481, 608. 610, 61 5.
321, 739,771; V. 47. p. 81, 161, 395, 594,708; V. 48, p. 463, 525, 528.
S27.I
St. Louis Vandalla Sc Terre Haute. Owns from East Bt.
Louis to Indiana 8tate line, 158 miles. Road opened July 1, 1870.
It Is leased to tbe Terre Haute A Indianapolis Railroad at a rental
of 30 per cent of gross earnings. In July, 1887, suit was brought by
tbe lessor company to declare tbe lease void, but Judge Gresham
decliied in favor of its validity, and the case lias been appealed
The first mortgage and $1,600,000
to the U. B. Supreme Court.
of second mortgage bonds are guaranteed by the lessees and also
L.
RR.
A
Bt.
Cin.
Stock,
Pittsb.
$2,379,358 common andUJIl,by the
544.700 pref; par $100. Penn RR holds $837,000 1st pref. In year
were
Oct.
1888,
$1,622,71*
net, $498,797;
31,
gross earnings
ending
rental to Bt. L. VaD. A T. H., $486,915 less oiiarges, $372,102, leaving
surplus, $114,652. In 1885-0 protlt to lessee was $23,687; in 1886-7
profit $117,821; in 1887-8 profit $11,983. Report for 1887-8 was in
;
;
133, 172; V. 48, p. 68, 126.)
St. Panl A: Dulutn. Link of Road. Bt Paul, Minn., to Duluth.
Minn., 155 miles; branches, N. P. June, to Clocquet, 17 miles; Rush City
CHRONICLE,
V. 48, p.
126.
(V. 46, p. 76,
to Grsntsburg. 17 miles; Sandstone June, to Sandstone, 5 miles; leases:
Stillwater A St. Paul RR., 13 m. (for 999 years); Minneapolis A Duluth
RR., 13 m. (for 99 years from July 5, 1883); Taylor's Falls A Lake Superior, 21 miles; Duluth Short Line (Thomson to Duluth), 18 miles (for
99 years); total, 268 miles. Between North. Pacific Junction and Dulutb, 24 miles, tbe road is owned Jointly with tbe No. Pacific.
The Lake Superior A Mississippi RR. was sold in foreclosure May 1,
1877, and this company organized June 27. The preferred stock is
received in payment for lands at par. Three shares of common stock
nave one vote and each share of preferred has one vote. Preferred
.stock has a prior right to 7 per cent; then common to receive 6 per cent.
Dividends since 1876 have been: On preferred In 1881, 10 stock;
In 1882, 3H in cash; In 1883, 7; in 1884, 3a and 7 in pref. stock; from
1885 to 1888, 7; in It 89, 5 1*. On common In 1887, 3 and 15 in common stock; in 1888, nil. The 2d mort. covers the right to leased lines,
but not the land grant.
The company has a land grant, of which 1,076,331 acres remained unsold Dec. 31, 1688, and 67,340 acres of the Taylors Falls branch. In 1888
net receipts from land and stumpage sales amounted to $367,946.
Gross earnings Jan. 1 to Mar. 81, 1889, $215,497, against $241,962
In 1888; net, $24,809, agaiai-t $2,350.
The report for 1888, in V. 48, p. 460, had the following:
1886.
1887.
1888.
$
$
$
1,558,086
630,791
stumpage. 163,057
24,142
1,694,339
1,524,918
522.080
541,926
24,852
327,435
817,990
1,038,858
716,543
50,000
51.147
374,766
50,000
54,051
496,114
71,491
77,667
375,459
37,372
475,913
J42.077
600,165
488.693
561,989
151,554
Receipts
Cross earnings
Wet earnings of R R
Receipts from land*
Interest, rents,
Ao
A
Total receipts
Disbursements
Interest...
Rentals
Dividends
.Miscellaneous
Total disbursements
balance, surplus
307.9 10
21,162
201,321,381,678, 739, 803; V. 47, p. 81, 432, 745; V. 48
p. 129. 460, 009. 829.)
St. Panl Minneapolis r Manitoba -isrr Map). Owns from St.
Paul, via Barnewville, to Emerson, 392 miles; Minneapolis to Gretna
via Breckinridge, 413 m. ; Minneapolis to Hinckley via St. Cloud, 132
to.; Bt. Cloud to Willmar, 55 m.; Elk River to Milaca, 32 m.; Bottineau Branch, 39 m.; Sauk Centre to Eagle Bend, 36 miles; Fergus
Falls to Pelican Rapids. 22 miles; Crookston June, to Great Falls. Dak.,
779 miles; Shirley to Bt. Hilaire, 22 miles; Wayzata to Spring Park, 6
miles; Morris to Brown's Valley, 47 miles; Breckenrldge to Langdon,
206mlleH; Everest to Portland (via. Mayvillel. 50 miles; Riponto Hope,
30 miles; Moorhcad to Halstad, 34 miles; Evansvllle (via Tintah Junction to Ellendale), 136 miles; Rutland Junction to Aberdeen, 64
miles; Hutchinson Junction to Hutchinson, 53 miles; Benson lo Watertown, 92 miles; small brunches, 8 miles; total operated June 30, 1838,
2,648 miles. Mileage on Jan. 1, 1889, was 3,024 miles.
This ridlioad company was organized Mav 23, 1879. The company had a land grant of 3,848,000 acres, and acquired the Minneapolis A Bt. ( loud RR. grant, 476,864 acres. The proceeds of land
uiles are applied to the redemption of 1st mort. bonds at or under lo.".
<V. 46. n.
.
$
e
Gross earnings
Oper. exp. A taxes..
7,770,164
3,509,927
7,321.736
3,818,652
8,028,448
4,314,8^5
9,561,905
4,669.987
Net earnings
4,266,237
45 13
3,483.084
52-43
3,713,553
53-74
4,891,918
P.c. of op.ex.
toearn.
5668
INCOME ACCOUNT.
1884-85.
1885-86.
1886-87.
4,266,237
131,292
66.281
3,483,034
3,713,553
350,114
171,116
415,782
514,447
4,891,918
271.933
450.759
4,463,813
4,001.314
4,643,782
sioliTilS
1,980.200
1,300,000
1,999,820
1,200,000
2,170.409
1,200,000
6
2,793,751
1,200,000
$
Receipts
Net earnings
Rev.trom L'nd Dep't
Other reoelpts
Total income
Disbursements
Interest on debt....
Dividends
Rate of dividend
sinking fund
liup'M A renewal
6i
131,292
fd..
6
350,114
415,782
600.000
1887-33.
$
6
271.938
750,000
Tot. disbunie'M..
3,411,492
3,549,934
4,386,191
5,015.639
Balance, surplus....
1,052,321
454.380
257,591
599,926
-(V. 46. p. 134, 191, 228, 255, 353. 739; V. 47. p. 327, 370, 382, 497.
502, 664; V. 48, p. 70, 129, 481, 801, 827, 836.)
St. Paul 6c Northern Pacific Line of road Bralnerd to Minneapolis. 139 miles, and branches to St. Paul, 13 miles; total, 152 miles.
This company was formerly the West. KR. Co. of Minnesota. Owns
terminals in Minneapolis on 20 acres, and owns in all some 400 acres
about St. Paul and Minneapolis. The land grant (205,000 acres unsold
Jan.. 1889.) is between Brainerd and Sauk Rapids; proceeds of lands
are first applied lo purchase of Western Minneapolis bonds, then to
The road, with its terminal
general mortgage at 120 or under.
property, is leased for 999 years to the Northern Paclflo at a net reutal
r
to
40
cent
of
the
p
gross receipts, but any surplus over 6 per
equal
cent on stock is divided equally between lessor and lessee. The bonds
are guaranteed by Northern Pacific. The stock is placed in trust with
Farmers' Loan A Trust Co., the power to vote being held by Northern
Pacific Co.; but "beneficial certificates" entitling holders to dividends
are issued. Stock $2,502,000, owned by North Pac. (V.46, p. 75; V.
49, p. 23 )
San Antonio Ac Aransas Pass. (See Map.) Road extends from
Kerrville to Wallis, Texas, 264 m.; Kenedy Junction to Corpus Christl
and branoh, 102 m.; Yoakum to West Point 50 m.; Skidmorc to Kleburg,
43 m.; total 459 miles. The mortgage of 1885 covers the 150 miles from
Ban Antonio to Aransas Bay, that of 1886 from San Antonio, northerly,
with branches to Waco, Ac built and to be built, about 865 miles in atl;
and that of 1888 from Wallis easterly and from Yoakum to Austin.
The Fanners' Loan A Trust Co., of N. Y., Is tiustee of both mortgages.
Abstract of 1st mortgage on extensions in V. 45, p. 372. In year mding
Dec. 31. 1888. gross earnings (partly estimated), $1,001,230; net,
$334 501 ; surplus over fixed charges, $91,141, against $57,751 in
1687. U. Lott. President and General Manager. (V. 40, p. 321, 418;
V. 47, p. 140, 101, 382; V. 48, p. 452, 68 i); V. 49, p. 23.)
San Diego Cuyamnca St. Eastern. Projected from San Diego,
Ca\. northeasterly to a junoMou with the Atlautlo A Pacific at the
Needles on the Colorado River, under construction. Mortgage is for
$6,350,000. Trustee, Mercantile Trust Co. Btook. authorised, *7,000,-
President, K. W. Wat riuan.
Sandusky Mansfield & Newark. Owns from Sandusky. O., to
Newark. O., 110 miles. Leased to Central Ohio, guaranteed bv Baltimore A Ohio, Feb. 23, 1890, till Dec, 1, 1926, with option to tbe Bait. A
000.
July,
1889.]
PAILROAD STOCKS AND BONDS.
125
INVESTORS'
146
SUPPLEMENT.
[Vol. XLIX,
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SANTA CRUZ"/
198
SUPPLEMENT.
.LNVESTOES'
Subscribers will confer a great favor by giving
DESCRIPTION.
r
explanation of column headings. Ac., *ee note*
on
San Fran.
st
e'uniniiuA A
page of
first
So. Pat.
me ricus
table*.
lit M..g. ($4,500,000),
<f
Montgomery
1st
f.f c*
Mile*
of
Eatt.
8. at
SKamokin
Vol.
at
d
let
M
g.,
Leteisbura
160 1889
$1,000
3*7
58
58
545
171
158
50
248
98
98
124
110
TH
p.
m..*c
72
1st mort.
c*
o*
31
31
29
28
$25,000
Pottnillts 8tock, guar,
by Nor. C.
.
lit mortgage, gold, on road and lands
c
MKena)idoah Valley lBt M
General mort. .gold (lien on $1,560,000 1st Y.b'ds.)
3d mortgage Income bonds, non-cum
r
Car trust certificate*
e
JAor.LinfConn.J-8t'k,7ip.ct.rent.N.Y.N.H.AH.
lit mortgage
Bhreveport <t Houston 1st, g., guar, by H. E. A W. T.
255
255
255
"49
49
40
1889
1867
1869
I860
1884
188H
legl
1881
1884
188S
1876
187!)
1880
1886
1886
18-6
1882
1884
1871
1880
1881
1883
San Francisco
to
A
Ukiah,
North Pacific
Cal.,
(6 miles)
1.000
1.000
1,000
1,000
500A0.
1.000
1.000
100
100 Ac.
1,000
1.000
1.000
1,000
50
500 Ac.
1,000
1,000
1,000
(.See
Map.)
$25,000 per mile; trustee, Mercantile Trust Co., New York; sinking
fund, $25,000 per annum, and bonds drawn (or purchased) at 110 and
interest.
Capital stock, $6,000,000; no floating debt.
Earnings in
1887, $693,399 gross and $286,336 net; gross in 1888 on 130 miles,
$727,170; net, $246,139. James M. Donahue, Pres'f, San Francisco.
-(V. 48, p. 800.)
Savannah Americas A- Montgomery. Owns Louvale to
Abbeville, Ga., 110 miles, narrow gauge, of which 60 miles, Amerious
Road to be extended 25 miles
to Louvale, Is being made standard.
easterly to a connection with E. Tenn. Va. A Ga. This was formerly the
Americus Preston A Lumpkin. Of the 1st mort. bonds $100,000 are a
first Hen on 38 miles, the others cover extensions, being a second lien
on tbe 38 miles. The new consols, are for $4,100,000 (Mercantile Trust
In 1888 gross earnings were $100,541; net,
Co. of Baltimore, trustee).
$41,501; deficit on boat line (only a few months in operation), $508.
(V. 48, p. 369, 764.)
$4,000,000
350.000
1,900,000
1.730.000
|
7
464,000
200,000
7|
6 %
4,056,000
3.000,000
3,000,000
6
800,000
200,000
4.470,000
1,294,000
7
283,000
553.000
7
1,302,900 5 on com
6
690,000
5
650,000
1,800,000
6g.
5
1,000,000
6
500,000
S
869,450
2,000,000
7g.
2,270,000
l g
4,113,000
2,209,000
620,109
"3>
1,000,000
200,000
400,000
6g.
A
A
A
A
I*
u
M
A
A
J
J
J
J.
v,
When Da*
ocks-Ln
pal.
Payable, and by St
Whom
Payable
-
1880 lOOOAc.
1881
1,000
Point Tiburon,
Cent.
I*
"iob
and branches, 160 miles. Connect* with
Bonds issued at
by company's steamer.
When Where
Rate per
I*
500 Ac.
096; net, $198,966; lou to lessee, $29,556.
San Francisco
Outstanding
1.CO0
500 Ac.
1,000
1.000
1.000
Ohio Co. to renew for terms of 20 years each. It 1* operated a* Lake
Erie dlvisi on of the Baltimore A Ohio system. Da '87-88, gross, $1,088,Cul.,
Amount
Par
SCO
,
Lake
BUi, or
Value.
mortl
12,000 per inlle.f 4,100,000c'
MavannaA Florida st West. -At. A O. oonftol. uiort.o'
So Ga. A Flor lat Ma., end. by State of Georgia. c
2d mortgage, gold
do
c*
Bav. Fla. A W., 1st mortgage, gold
o"
Brunswick A Weat-lK M. guar.by S.F.AW.o'Ar
Income bonds, non-cumulative
ar<i>m<iA4 Western Columbus A WiU'n. 1 M limit.
Columbus A Rome 1st nioitgagc
lit coniol. uiort., gold (18,000 per mllei guar.c*
tctoto Valley let mort. (*. fund $13,000 per year)
2d mortgage (sinking fund, $5,000 per year)....
Conaol. mortgage
bsaboard * Roake 8tk.<$244,200 Is prf.gua.7p.c.)
Debentures, redeem, at will after Aug. 1, 1916. .r
c*
lit mortgage for $2,500,000
8/iamokin Sunbury
2d mortgage
of
edlate notice of any error discovered In these Table*.
Bonds Prine 1
INTEREST OR DIVIDENDS.
Knad Bondi
C'onaol. u.ort..gold.
Seattle
Date
XUX.
[Vol.
Dividend.
N
Y. and Frankfort.
Jan. 1, 1919
Amerious, Ga.
1905 A 1906
Baltimore Agency.
July 1, 1919
N.Y..H.B.Plant.A8a"van
July, 1897
do
do
May
1,
1898
do
do
May 1, 189
AO
do
do
April 1, 1934,
A J. N.Y.,12W.23d st.,A8ay. Jan.
1, 1938
None aid.
Irredeemable.
J. A J N.Y.,Ke**'rAOo.54 Wall Jan. 1, 1911
J. A J.
do
do
Jan., 1914
M. A B.
New York. Agency.
Mar. 1 1929
J. A J
Last paid July, 1884.
Jan. 1' 1896
A. A O
Last paid April, 1884. April i, 1894.
J. A J
Last paid July, 1884.
July 1. 1910
M. A N Balt.,Frm.APlant. Bk. May
1, 188
F. A A
Portsmouth, Va.
Aug. 2, 1918
J. A J New York. Bait. APhila.
July 1, 1928
F. A A
N.Y., Union Trust Co. Aug.
1981
M. A N Phila., Phil. A Read.RR. May l, 1919
1,
F. A A.
do
do
Feb. 1, 1934
F. A A
Phila., Penn. RR Co.
Aug. 1, 1889
J. A J
do
do
July 1, 1901
J. A J
Last paid Jan., 1885.
Jan. 1, 1909
A. A O
Last paid Oct., 1884.
April 1, 1921
..
1
Feb. 1
<l-F.
A
M. A
J. A
J.
J.
None paid.
Phlla, Fidelity Tr. Co.
N. H., Nat. N. H. Bank.
8
do
J.
Jan. 1, 1923
July, 1889
March, 1910
July 1, 1914
do
(t)
A
Shamokln, Sunbury
Lewlsburg. Line from Shamokin to
Milton, Pa., with iron bridge over Susquehanna, 31 mile*.
Ix-ased to Philadelphia A Reading till July 20, 2883, and used for coal
traffic northward.
a. Stock,
etocg,
$1,000,000: par $50.
a>ou.
3>i,uuo.wo:
"
shiiiiiokln Valley
Pottsvllle. Line of road, Sunbury, Pa., to
Valley
Mt. Carniel. Pa., 27 miles; branch to Lanoaster Colliery, 2 miles- total
29 miles. The road
oad 1was leased February 27, 1863, for 999 year* to the
al
a
\i
i,11111-111 r
TT-ifli a irn.,,.,,ln
*._
._ 1 a
Northern Central
with
a guarantee of# taxesT
Railway
Company,
interest
on the bonds, and 6 per cent on the $869,45o stock (par $50), of which
$619,400 is owned try North'n Central). Pa.
own* $605,000 7 per
cents. Gross earns, for 1887, $387,025; net. $202,169. Gross earns for
1888, $409,677; net. $195,636. Geo. B. Roberts. Pres't, Philadelphia.
Shenandoah Valley. From Hagerstown, Md., to Waynesboro and
thence to a connection with the Norfolk A Western road at Roanoke.
239 mile* and branches 17 miles.
close contract lor working and an
exchange of stock for Norfolk A Western stock was made in 1883. In
Maroh, 1885, Sidney F. Tyler was appointed receiver. Foreclosure
is pending and litigation has been complicated.
A reference to the
cages of Chronicle indicated below will give the various change*
Stook $3,696,200 (par $100), of which $3,057,100 is held by the Nor? A
West.
Co.
In 1887 gross earnings were $902.862 : net, $129,316.
In 1^88 gross
earnings $831,948; net, $49,976. (V. 46, p. 40, 737; V. 48. D. 190 ' 292.
West
&
,
I-1
i
I
!
';
I
>.
RR
A
RR
"
A
Savannah Florida
'Western. Owns from Savannah, Ga. to 4W0, 543, 580, 729,856.)
Chattahoochee, Fla., 258 miles branches Badnbridge Junction to BainShore Line (Conn.) Line of road, New Haven, Conn., to New
bridge, 9 miles; extension to Savannah wharves, 1-70 miles; Junction
London, Conn., 49 m. Leased toN.Y. ANewHavenRR. Co. in perpetuity
Branch, 4 miles; Dupont to Gainesville, 118 miles; Thomasville tc Nov. 1, '70, at $100,000 net per annum. Dividends 3"a In Jan. and 4 in
Albany, 58 miles; Thomasville. Ga., to Monticello, Fla., 24 miles; July. Operations and earnings are included in the report* of the lessee.
Waycross to Jacksonville, 75 miles; Fort White, Fla., to Lake City, Fla.,
Houston. FromShreveport,La.,toLogansport, La.,
20 miles total. 569 miles. In Jan., 1888, control was purchased of the 40Shreveport
connects with llous. East. A W. Texas road, forming with that a nar
Brunswick A Western Road. Brunswick to Albany. 171 miles, with bonds rowm.;
line of 230m. from Shreven'r to Houst'n. E.L.Bremond,Pres.
gauge
as above, the Him mort. bonds being guaranteed. The Metropolitan Trust
Sliver Springs Ocala
Gulf, This road is projected from SilCo., of N. Y., is trustee of th' mortgages. The 8. F. A W. stock is $6,In 1887 gross ver Springs. Fla., to Point Pinellos on Tampa Bay, about 175 miles,
161,400, ipar $100) and dividends are paid as earned.
and
to
completed
Hoinosassa, 50 miles. Stock, $1,500,000, par $100.
earnings were $2,675,526; net, $423,037. In 1888 gross earnings, $2,853,030; net, $669,302 ; surplus over charges, $260,773. In Men., '89, There is a land grant of 13,840 acres per m., of which the mortgage covers
acres
Thos.
C. Hoge, President, 56 Wall St.
4,000
perm.
paid 4 per cent dividend. H. B. Plant, President, New York.
South Carolina. Owns from Charleston to Augusta, S. C, 137 m.
Savannah
Western. Owns from Birminghsm. Ala. (conneo
tionwith Kansas City Fort ScoU & Memphis), to Americus, Ga., 219 branches to Columbia, 68 in., and to Camden, 38 in.; extensiou, 4 mile*
miles; Columbus to Greenville <nar. gau.l. 50 miles; Opellkato Roanoke, total main line and branches, 247 m. Road sold in foreclosure July 28
'81. and on Jan. 1. 1889, the company defaulted again.
Foreclosure
37 miles; fcufaula to Ozark, 61 miles; total, 367 miles.
This was a consolidation In August, 1888. of the Columbus A West- suit under 1st M. was begun in May, and committee of bondholders was
Road belongs to the Central of Georgia sys- appointed In New York. There were on Dec. 31, '88, $178,000 old 5 per
ern and other roads.
tem. Stock is $5,000,000; par, $100. The consol. mort. (trustee, Central cent 1st mort. extended bonds, payable 1892, and $8,000 7s, due 1907,
Trust Co., N. Y.) Is for nominally $18,000,000 $18,000 tier mile. in addition to those above. The stock is $4,204,160.
The annual report for 1888 was In the Chronicle, V. 48, p. 555.
Prlicipal and Interest is guaranteed by Central RR. A Bkg. Co. of Ga.
INCOME ACCOUNT.
See advertisement offering bonds in Chronicle of July 6.1889. Pres't,
1885.
1886.
1887.
1888.
Gen. E. P. Alexander, Savannah, Ga. (V. 47, p. 218; V. 48, p. 729.)
;
A
;
A
A
,
A
Schenectady
Duanesburg. From Quaker Street Junction,
N. Y., to Schenectady, N. Y., 14 miles. Leased in perpetuity to the
Del. A Hudson Canal. Rental, $30,000 per year. Stock, $100,500.
Schuylkill Valley. Owns from Palo Alto to Reevesdale, Pa,
11 miles; branches, 8 total, 19 miles. Leased to Phila. A Reading RR,
tor 999 yearB from Sept. 1, '61, at 5 p. ct. on stock. Has no bonded debt.
;
Scioto Valley. Owns from Columbus, O., to Petersburg, O., 131
Stock $2,093,350; par $50. Coupons of 1st m. and eons. m. due
July 1 '84, and of 2d m. due April, '84, were nurohased in iuterest of Mr.
Huntington, and are held as liens. Receiver (Jas. Robinson) was appointed in June, 1885, on a Judgment ofC. P. Huutington for $639,305.
Sniis are pending, and in May, 1889, the 2d mort. bondholders were
oflered 90 for their bonds and overdue interest. (V. 45, p. 673; V. 46,
miles.
$
$
$
$
1,151,840
1,217,392
1,269,031
328,156
30,271
1,120,060
137,404
22,454
314,869
5 814
232,656
358,427
159,858
320,683
237,454
374,524
8,020
386,437
813
389.643
1,998
402,873
Total dlsbursem'ts
382,544
387,250
Bala ce.
def. 24,117 def. 227,392
*
Interest charge, but not all paid.
391,641
def. 70,958
404,226
166,772
Receipt*
Gross earnings
Net earnings
Other receipts
Total net income..
Disbursements
Interest on debt.....
Miscellaneous
4,798
1,353
,
p. 678.) 1 here are also $82,000 7 per cent equipment bonds.
From Jan. 1 to May 31. 1889 (5 noos.), gross earnings were $256,415,
against $262,467 In 1888; net, $63,038, against $44,108. In 1887
gross earnings were $789,123; net, $173,126. In 1888 gross $665,927:
net, $146,5:04. (V. 47, p. 569 V. 48, p. 463, 764; V. 49, p. 52.)
;
& Roanoke.
Owns Portsmouth, Va., to Weldon and br.
H.C..81miles;leasesRoanokeAT.R.RR.29mUe8. Also has acontrolling
Interest in the Raleigh A Gaston B8. 109 miles, and thus in the Raleigh
A Augusta Air Line 107 miles and Carolina Central 269 miles; also
controls Pittsboro RR. 11 miles and Carthage RR. 11 mileR; total of
all 618 miles. Of the stock, $1,058,700 is common, $200,000 is 1st
pref. 7 percent guar., and $44,200 is 2d guar. The debentures above
are to be included in any 2d mort. issued. They are payable at will as
a whole, or in 10 per cent Instalments after Aug. 1, 1916.
The Georgia Carolina A Northern, in which this company Is interested, 1b UDder construction, and has been completed from Monroe to
Chester, S. C, 45 miles.
In year ending February 29, 1888, net earnings on road proper, 113
miles, 8329,075: surplus over fixed charges, $246,261; from which paid
dividends (10 per cent), $114,420; surplus over dividends and interest,
$131,841. See report in V. 40, p. 827. J. M. Robinson, Pres., Bait., Md.
(V. 46. p. 539, 678,897.)
Seattle Lake shore A Eastern. Main line completed from
Seattle to Raging River, 52 miles.
The Northern branch from
Snohomish Junction to a connection with the Canadian Pacific, 105 miles,
la In progress, and 20 miles completed, making 72 miles in
operation.
There has also just been completed 45 miles from Spokane Falls to
Seaboard
Wheatdale.
(
V. 46, p. 009, 739; V. 47. p. 382; V. 48,
p. 38.)
def.
-(V. 46,
p. 737; V. 47, p. 140; V. 48, p. 69, 190, 463, 5 55, 689.)
South Florida. Owns from Sauford to Tampa, Fla., 115 miles;
Bartow Branch, 17 miles; Pemberton Ferry Branch, 56 miles; -operates Sanford to Lake Charm, 18 miles total, 207 miles.
The road is
part of the Savannah Florida A Western system.
A
South
North Alabama. (See Map of Louisville <t Sasheie.) Owns from Decatur. Ala., to Montgomery, Ala., 182 miles,
with a branch of 6 miles from Elmore to Wetumpka. The road ii
controlled by the Louisville A Nashville RR. Company, which owns a
majority of the stock and all of the second mortgage bonds ($1,960,000,
due 1910) which are pledged with the Union Trust Co. as security for the
I ouisviUe A Nashv. bonds, dated June 1, '80. Common stock. $1,469,082;
pref. stock, $2,000,000 (all pledged uuder Louis. A Nash, collat.
trust of 1882); par $100. In year ending June 30, '88, gross earnings
were $1,952,825; net,$333,893; deficit under Interest and sinking fund
$417,557; paid to construction aoot., $198,687.
'
South Paclnc Coast (Narro%v-gauge). Owns from Alameds
to Santa Cruz, 87 in.; branches, 23 m.; total, 110 m. The road is leased
for 55 years to the Southern Paoiflo Company, which company guarantees the bonds. Trustee of mortgage is Farmers' L. A Tr. Co. The
stock is $6,000,000; par $100. Gross earns.'86, $870,157; net,$303,284.
Inl887 gross earnings were $521,639; net, $230,563, (V. 45, p. 113.)
South Pennsylvania. The line was in progress between Harrtsb.
A Pittsb., '2115 miles, making a western extension
of the Phlla. A ReadIn July, 1885. it was agreed that the Vandorbilt interest
ing system.
should be transferred to the Pennsylvania Company, and that company offered $0,500,000 3 p. c. bonds of the Bedford A Bridgeport RR.,
guaranteed by the Penna. RR. Co. But the Attorney -General of Pennsylvania brought a suit to enjoin the transfer and this suit inOc*.
July,
KAILROAD STOCKS AND BONDS.
1889. J
19
Subscribers will confer a great favor by giving Immediate notice of any error discovered In tbese Tables.
DESCRIPTION.
Date
Miles
INTEREST OR DIVIDENDS.
Size, or
Amount Rate per When Where Payable, and
of
of
Par
For explanation of column headings, &c, see notes
by
Whom.
Road. Bonds Value. Outstanding
Cent.
on first page of tables.
Payable
!
|
Bilter Sp. Oeala <t Gulf\eX. l.gr g.($15,000 p.m.)c
South Carolina 1st mortgage, sterlins loan
1st consol mortgage (for $5,000,000)
,
o*
2d consol. mortgage
o*
Income mortgage bonds (not cumulative)
0*
South Ftorida-lst mort. ($12,000 per mile)
So. dt No. Alabama 1st M., endorsed by Alabama
2d mort., sterling, sinking fund, guar, by L. A N
3d mortgage bonds (owned by L. A N.)
c
Consol. mort. (for $10,000,000), gold
50
247
247
247
247
189
183
183
183
iio
Coast 1st M., g.,guar. (s.f. begins 1912). c
South Pennsylvania 1st mort. (for $20,000.000).
Southern Cent. (X. I.) Consol. mort. convertibles 114
Southern Pacific COMPANY Stock ($150,000,000) 5,931
384
South. Pac. of Arizona 1st M., g., guar. cp. or reg.
93
Southern Pacific Branch 1st M. g. s. f. In 1897
c* 1,042
South. Pac.(Cal.) 1st M.,e.,landgr.,. f
320
...o*
Mortgage bonds, gold t fdr $33,000,030)
S. Pacific
.
Bo. Pac. Br. 1st mort
Stockton A C opperopolis -1st M.g. (guar.by CP.)
cAr
Southern Pacific of N. Mexico 1st M., gold
Southwestern (Ga.) Stock, 7 p. c, guar. Cent. Ga...
-.
Southwest Pennsylvania Stook
1st M. lapsing s. fund, $5,000 -early, not dr n. ..r
<t
Falls
Northern
1st
H.,$ :0,000p.m.,g..c
Spokane
Amy ten Duyvil dP'tMor. Stock, 8 %, gu. N.Y. Cent.
c*
State Line <& Sullivan 1st mortgage
Stolen Islands- 1st mortgaee
0*
Staten Island Rapid Iran. 1st M.,$ or*
2d mort. endorsed by B. A O. cp. or reg., gold
Incomes, gold (non-cam.)
Suburban Rapid Transit Stook ($5,600,000)
lgt mortgage bonds (for $6,600,000)
45
167
321
89
89
87
6
25
13
All.
$750,000
83,092
4,883,000
1,130,000
2,538.000
2,256,000
391.000
4.620.110
1.960.000
2,971,000
5,500,000
6*
6
6
6
g
6
-
g.
6
5
4g.
<>
.
.
-
I
1888 $1,000
1868 Various
1881
1,000
1881
1,000
1881
1,000
1885
1,000
1870
1,000
200
1873
1880
1.000
1886
1,0)0
1.000
1887
1882
;
80
1887
'79-
75-'82
1888
l-i-7
1875
1881
1877
1889
1879
1873
1883
1886
1885
1886
200&C.
3,299,800
100 128,076.200
1,000
10,000,000
2,80>,000
500 Ao. 33,332.300
1,000
7,253,000
3,145,000
500 Ao.
500,000
1,000
4,180,000
100
5,099,400
50
998,850
1,000
900,000
1,000
1,740,0 JO
100
989,000
100. Ac.
300,000
1,000
300,000
1,000
1,000,000
1,000
2,500,000
4.500,000
1,000
641,865
1,000
(?)
i
6g.
6g.
6g.
g
-
6
11
3*
5
7
6g.
4
6
7
6g.
5g.
6g.
6
ISO
INVESTORS' SUPPLEMENT.
[Vol.
XL1X-
July,
RAILROAD STOCKS AND BONDS.
1889.1
win confer a
Subscribers
great favor by giving Immediate notice of any error discovered In these Table*.
DESCRIPTION.
For explanation of column headings,
on first page of tables.
Summit Branch
Ac., gee notes
Stock
let mortsage bonds, sinking fnnd
Sunbury Haz'tetonitWilkesb 1st, $5,925 dr. atlOO.e
cAr
2d mortgage, income
Bunbury A Lewistown Stock
1st
(Pa.)
c"
mortgage
c
Suspension Bridge tt Erie Junction Stock
1st mortgage, principal A interest guar, by Erie.
1st
mortgage, gold...c"
Syracuse <* Baldwinsmlle.
Syracuse Binghamton A If. Y. Stock
Consol. M. (rrin. and Int. guar, by D. L. A W.)
Syracuse Geneva dt Corning 1st mort., s. f. 1 p. o. .c
2d mortgage
Miles
Date
Size, or
of
of
Par
Road. Bonds Valne. Outstanding
20
23
7
81
81
1876
1875
J 879
1883
1883
1887
1,000
lOO&e.
1.000
1,000
1873
1885
1.000
1,000
1879
1883
1887
1879
1881
1884
1875
1882
1883
1,000
1,000
1.000
1,000
1,000
1.000
1,000
1.000
1875
1888
1888
1,000
1,000
1,000
57
"43
114
114
114
182
93
65
173
177
52
228
104
104
I^v^hv^n X. i i r f* a
Paciflc^-Xevi-stock, $50,000,000.!".""!"! 1 ,487
1st m., gold (Eastern Div.), s. fd. red. at 100 .c*
524
1st consol. mort. for $25,000,0<'0, gold
c*|l 487
2d oonsol.M., income, non-cum, ($25.000.000), g.c'il 487
1.000
100
100
1876
1870
1886
1,000
1,000.000
160.000
2,5 00.000
1.966,000
880,000
600.000
500
100
3
7
100
100
& WHKesbarre.
Snnbury to Tomhlcken,
Pa.. 43 miles. Foreclosed March, 1878. Stock ($1,000,000) and $185,000 ls's (eerie- B) and $488,600 incomes are owned by the Penisylvania Railroad, which pays net earnings as rental. Sinking fund for
1st mortgage draws $5,925 May 1 yearly at par. Gross earnings In
1888. $56.'.l43; net, over expenses and taxes, $245,382; dividends (5
Feb. 16, 1878
Jan. 1, 1904
J.
7
g
!
7
7
-
J.
J.
Q.
A.
M.
M.
5
6
J.
6
g
600,000
500,000
500,000
1,000,000
1,800.000
2,145.000
1.254.O00
2,075,000
584,000
38,706,700
3,784,000
21,049,000
23,227,000
-
M.
i
7
5
J.
"6"
6
J.
J.
F.
A.
It
i*
T
5
g
J
-
g.
5 g.
A
do
do
RR Hay
May
A D. Co April
Philadelphia, Penn.
do
Phlla.,
do
Gnar. T.
do
J
do
AJ
A
N. Y. Lake Erie A West
J.
July, 1888, last paid.
Mar N.Y..D. L.AW. RR. Co
July
1,
1,
1,
1,
1928
1938
1889
1898
July 1, 1900
July 1, 193rt
Jare
1,
1889
1906
A O.
A N.
A S.
A D.
AN.
A A.
A O.
A J.
Nov. 15, 1905
N. Y., Gr. Cent. Depot. Mar. 1, 1909
None paid.
1933
1983
New York Agenoy.
Nov. 1, 1937
Feb. 1. 1889
N.Y., Farmers' L.ATr.Co
do
do
April, 1893
do
do
July 1, 1925
A" J.
N. Y. Farmers'L. ATt. Co.
A
A
M. A
M. A
M. A
F. A
M. A
J. A
M.
2,28 -),000
1,620,000
A.
AN
MAN
A. A O
7
1,401,880
1,600.000
50
Dividend.
Prlla.,233 So. 4th St.
J.
(?)
50
Whom.
A
A
M.
6
6
3
7
900,000
l'.OOO
Payable
F.
&
5
Nil.
;
Sunbury Hazleton
Cent.
1,350,000
600,000
500,000
500,000
Summit Branch (Pa.) This company's business is almost en
mining coal it leases the Lykens Vallej RR., Millersburg to
Williamstown, Pa.. 20 miles, and has a small branch of Its own to Summit Mines, h of a mile The road is operated by the Northern Central
under contract. Penn.RR. owns $2,190,100 stock and $500,000 bonds.
In 1887 gross earnings were $1,358,814; net, $128,260; strrplus over
Interest, $45,310; deficit nnder Lykens Valley deficit, $55,051. In
1888 gross, $1,442,671; net, $202,489. (V. 46, p. 173, 228.)
tirely in
1,176/00
Ac.
Ao,
50
500
100
<l
INTEREST OR DIVIDENDS.
pal.When Due.
When Where Payable, and by Stocks Last
Sate per
$1,010,350
1,185,000
1874
1878
1878
.
Texas
$50
20
43
43
43
43
37
c
Syracuse Ontario <t New York 1st mort
2d mortg. income (for $500,000)
Tennessee Midland 1st mort., e., $2o,000 p.m.
Terre Haute dt Indianapolis Stock ($1,988,150)
1st mort. (provided for by consol. mort.)
c<fcr
Consol. mortgage for $2,200.000
Terre Hau'.t <t Logansport.StocM....
1st mortgage, guar, by Terre Haute A Ind'napolis
lstM..oii Logans toSouth Bend (2d on 93 m.), guar.
Terre Haute tePeoria 1st mortgage, gold
Texas Central 1st mortgage, /Kid
c
N. E. Div., mort., gold (2d on 177 miles)
c
General mortgage, (pledged)
o'
Texas d N. Orleans of '74 1st mortg. land gr..e*Ar
Sabine Division, 1st mortgage, gold
CAr
Amount
J.
8.
do
,
S .Y.,Farmers'
do
L.A T.Co
,
do
do
N. Y., Union Tr. Co.
Last paid Nov., '84.
Last paid Nov., '84.
N.
N.
N.
None paid.
A. N.Y.,S>.Pac, 23 Broad.
do
do
S.
J.
do
do
Oot.
1,
Jaa. 1, 1910
Jan. 1, 1913
1, 1937
1, 1909
1, 1911
Nov. 1, 1934
Aug. 1, 1908
March 1, 1912
Mar.
Nov.
May
Dec, 1893
m.'a's. N.Y.,Mer"leTr.Co.APhU March l,"i905
J.
AD.
do
None
March 1
do
paid.
June
Dee.
1,
1,
2000
2000
receiver's certificates and to furnish money for steel rails, equipments,
to. Gross earnings in 1887-88, $313,630. (V. 44, p. 184, 495.)
Texas Central, Line of road from Ross, In McLennan Co., to
Albany, Texas, 177 miles; Garrett to Roberts, 52 miles; total, 229
niles. Is controlled In Houston
Texas Central interests, by whioh
lompany it is operated; but accounts are kept separate. The authorized
stock is $1,000,000; total issued, $200,265, of whioh H.
T. C. holds,
$50,000 ; Morgan Co., $75,000 directors, $5,300. Defaulted in Interest
in 1885, and road was to be sold June 29, 1887, bnt delayed by an appeal. An order allowing the issue of receivers' certificates was appeiled
against in 1889. (See V. 48, p. 160.) In 1888. gross, $249,599; deficit
under operating expenses and taxes, $17,125, against $32,132 in 1887.
-(V. 44, p. 495; V. 48, p. 160.)
A
A
;
A New
Texas
Orleans (of 1874). Houston, Tex., to Orange
(Sabine R'veT), 104 miles; and Sabine City to Rockland, 104 miles
208 miles. Belongs to the Huntington Southern Pacific system,
to Lewistowi ,
Snnbury
together with the Louisiana Western. This was a reorganization, 1874,
Pa., 43 miles. Leased for 99 years from July 1, 1876, to Pennsylvania
BR. for contingent Interest in net earnings, which in 1885 were $168,- of the old Texas A New Orleans RR. The stock is $5,000,000, and
a
controllng interest is owned by the Southern Pacific. In addition to
In
In
In
268;
1887. $156,709;
1886, $123,536;
1888, $123,619.
above bot is, there are $462,663 Texas School bonds.
Erie Junction. East Buffalo Junction
Suspension Bridge
From Jan. 1 to May 31. ii 1889 (5 mos >, gross earnings were $616,to Niagara Falls and Suspension Bridge, 23 miles; Lock. A Buff. RR
792, against $559,836 in 1883; net. $162,669, agalUBt $149,215.
leased, 14 miles; total operated, 37 miles. Road opened January, 1871
Uross earnings in 1887 were $1,267,563 net, $563,353. In 1888,
It is leased to New York Lake Erie A Western Railroad Co. at 30 per cent
gross, $1,438,578; net, $424,664. C. P. Huntington, President, N. Y.
of gross receipts, which are guaranteed to be not less than interest on
Texas Pacific (See Map.) Owns: Eastern Division -FromTexbonds, $70,000 pes annum. Lessees own all stock except 297 shares.
arkana to Fort Worth, via
miles; Texarkana Junction to
Syracuse It Baldwlnsvllle. Owns Baldwlnsvllle, N. Y., to Fort Worth, via Marshall, Wbitesboro,244
248 miles; Marshall to Shreveport, 40 miles;
boy. N. v., on the West Shore Railroad abont 7 miles. Stock is total eastern
division, 532 miles. Rio Grande Divis'on fort Worth to
$60.00o par $100 Default was made on coupons due Jan , 1H89, and Sierra Blanco, 524 miles; Sierra Blanco to El Paso
(Joint iraok), 92 miles;
foreclosure, proceedings are In progress. In year ending Sept. 30, 1887,
Gordon Branch to coal
3
total Rio Grande division, 619 m,
earnings were $11,196; net, $2,642; deficit under interest, New Orleans Division mines, miles;
N. O. Pacific RR.) Shreveport to N. O.
(Formerly
In
foss
18-7-8, gross, $15,782; net. $4,275. (Vol. 48, p. 129.)
.558.
and Baton Rouge Branch, 336 miles. Total of all, 1,487 miles.
The Texas A Paciflo was bnilt under act ot Congress of March 3, 1871,
York. Owns from Geddet,
Syracuse Blnghamton
N. v., to Biughampton, N. Y., 81 miles. Chartered as Syracuse A Bint- and other acts In 1872 to '74, and the laws of Texas.
bamton and opened Oct. 18, 1854; foreclosed and reorganized Aprs
In 1888 the company was reorganized pursuant to the plan In V. 43,'
80, 1857, and controlled by Delaware Lackawanna A Western, tn year
p. 164 and V. 45, p. 401, without having the Court oonflrm the sale in
ending Sept. 30, 1888. gross earnings were $908,084; net. $444,194 ; foreclosure made in Nov.. 1887.
At the reorganization a Land Trust was formed by the income and
surplus over charges and dividends, $83,473, against $109,048 in 1886land grant bondholders, who took the land and issued certificates of
87.-(V. 45, p. 218; V. 46. p. 610; V. 47, p. 161.)
ownership,
$10,369,410 of whioh are listed at New York Stook ExSyracuse Geneva
Corning. Owns from Corning, N. Y.. to
Geneva, N. Y., 58 miles, and Penn Yan to Dresden, 6 miles ; total, 64 change. (See V. 47, p. S3.) These" are in the Supplement under the
title
Texas
Pacific
Land Trust In Miscellaneous Companies," the railmiles. This road was opened December 10. 1877 and Is leased to
road company having no interest now in the land.
the Fall Brook Coal Co. at a rental of 33U per cent of Its gross earn
of
Trustee
first
mortgage of 1888 is Fidelity Ins. Tr. A Safe Dep. Co.
lngt. Stock is $1,325,000 (par $1001, of whfcli N. Y. Cent. A Hud. R.
owns $662,600. besides $113,000 7 per cent bonds. In 1887-88 gross of Philadelphia; of seoond mortgage of 1888 Mercantile Trust Co. of
N.
Y.
full
Unless
interest is paid on income bonds after Maroh 1, 1892,
earning wen- $676,197 net, $189,905 rental, $225,399; taxes, $7,the income bondholders may take oontrol. (See mortgage abstracts,
878 ; deficit to lessee, $43,371.
Chronicle, V. 47, p. 82.)
York. Owns from Syracuse, N. Y ,
Syracuse Ontario
of stock prices since May 9, 1888, of new stook, have been :
to Earlville, N. Y., 45 miles. The road was twice sold in foreclosure InRange
1888. 18 7s26%; in 1889 to July 19, 17*s23.
and reorganized under present name in 1883. The West Shore acquired
The first annual report since reorganization was In the Chronicle of
control of the property. Stock. $404,600 par, $100. In year endirg March
9, 1889, p. 324, and reference should be made to that for details
Sept. 30, 1S88. gross (arnlngs weie $114,578; net, $16,043; deficit under of operation and financial condition.
charges, $79,318.
1888.
1887.
Tennessee midland. Owns Memphis to Parsons, Tenn., 128 Gross earnings
$6 374,386 $6,1*3,763
miles, f.rst b5 miles opened June 1, 1888. Extension. 21 miles, to Ten- Expenses.
5,071,669
5,965,186
nessee River in progress. Projected to Virginia 8tate line with branohes
to Columbia and Knoxvllle
Local aid to the extent of $600,000 has
Net earnings
$1,302,717
$218,582
been secured betwten Memphis and Nashville. Trustee of mort. is
Improvement acc't
$777,062
$315,913
Cent. Tr. Co.
New equipmentt acct
280,065
332,544
Terre Haute
INCOME ACCOUNT, 1888.
Indianapolis. Owns from Indianapolis to nil
nois State Line. 7w in., with coal branches, 35 m.; total, 114 m. The road Net earnings from operation
$1,302,717
was opened in 1852 (as Terre Haute A Richmond). The company leases A :d other Income
130,938
and operates the Terre Haute A Logansport RR., also the St. Louis
Vandalia A Terre Haute Road on Joint account with the Plttsb. Cm. A St.
Total net income
$1,433,653
Louis RR., at 30 per cent of gross earnings, but guarantees the first and
From which were paid
second mort. bonds. In June, 1887, a controlling interest in the stock Interest on bonds
$916,791
was sold to Cincinnati Hamilton A Dayton, but pledged by H. 8. Ives as Expenses prior to Deo. 1, 1887
260,675
security for loans and payment of notes, and matter Is now in liti- Rentals, interest, dis-ount, Ac
73,460
gation. In 1885-6 gross earnings $1,053,090; net earnings and other Balance applied to betterments
182,721 $1,433,653
receipts. $366,672; interest and 6 per cent dividends, $246,289; loss
V. 47, p. 82, 83,
134.171,
610,
621,
-(V.
46,
699,
p.
321.539,
819;
on T. H. A L. lease was $89,482. Dividends since 1876 hve been
In 1877, 6 per cent; from 1878 to 18*4, Inclusive, 8; from 1885 to date 344, 532, 690; V. 48, p. 324, 327, 490, 562.)
State
line
N.
at the rate of 6 per cent per annum.
Tioga.
Y., to Hoytville, Pa., 61 miles, and
junction,
No information received since
Blossburg, Pa., to Morris' Run, Pa., 3 miles, of whioh is leased Elmira
1886. iV. 44, p. 714, 751; V. 45. p. 85; V. 46, p. 321.)
State Line Railroad, State line New York to Northern Central RailTerre Haute
Logansport. Owns from South Bend, Ind
7 miles; and Arnot A Pine Creek RR., Arnot June, to
to Rockville, Ind., 159 miles; leased, Rock ville to Terre Haute, 22 miles way Junction.
Hoylville, Pa., 12 m. Controlled by N. Y. L. E. A "W. In 1888, gross
Total operated. 182 miles.
Formerly Logansp. Crawfordsv. A Southw. earnings were $332, H92; net, $131,855; surplus over interest, rentals,
which was sold in foreclosure Sept. 10, 1879, and reorganized undei
in 1887. The stock is $391,200 common
Ac. $66,386.
present name. Leased by Terre Haute A Indianapolis Railroad for 99 and $189,700 against $57,845$50.
preferred: par
years from Daav, 1879, at 25 per cent of gross earnings, and first
Toledo
North Michigan. (See Map ) Owns
Arbor
mortgage bonds guaranteed trj that conipauv. Rental In 1885-86,
from Toledo, O., to Cadillac, Mich., 235 m.. and branohes to South Lyon
$119,759; loss to lessee. $89,482. No late information.
and Macon Stone Quarry, 10
leases Tol. Sag. A Mackinac, Eist
Terre Haute
,'*rla. Road opc-ated from Terre Haute, via Savluaw to Durand on Det. Gr. Ilav. & MiL, 40 in.; total, 285 m. Capital
Decatur, to Peoria. 173 miles, of which 144 miles are owned. Formed In stock Is $5,300,000; par $100 ; car trust debt, $224,445. The first mort.
Jan 1887, as successor of the 111. Midland, sold in foreclosure Sept. 30, of '81 covers the South. Div.,
formerly called the Tol. A. A. A Gd. Trunk
1886. That road embraced by consolidation the Peoria Atlanta & Dec- RR and the mortg. of "84 covers
road between Ann Arbor and St. Louis,
atur, Paris A Decatur and Paris A Terre Haute. Stock. $2,160,000 Mich.
The annual report for '88 was tn V. 48, p. 588, 590, and
pref. and $3,240,000 com.; par $100. The bonds were Issued to pay off showed the following comparative statistics for three years:
Du Barry, President. Phil'a.
Lewistown. Selinsgrove Junction
percent). $50,000
A
J.
N.
(V. 48, p. 763.)
;
total
A
.
;
A
Am
A New
A
;
;
A New
A
:
A
Ann
A
m
A
,
,
;
INVESTORS'
SUPPLEMENT.
[Vc
XLjX.
EAILROAD STOCKS AND BONDS.
ilY, 1869.]
13%
MAP OF THE
ANN ARBOR
NORTH MICHIGAN
TOLEDO,
SSJ\
lr%r%H
WffM^&ii0B^!*s
'
^vgAILWAY & CONNECTIONS.
ROgere City
*<
I
AND
^-v^
Projected Lines
tend
3
Gaylord
fAlba/j
Kalkask
\Gray
4
^JHarmon,
Harris
^^-J'jH-'l
^^
Jj "
^VWest
TawaeCItr,
JA
ABranch
\
y Harrison
ti^^^*^ m
^Alper
Pincon^
ning
r />s5.
VtJMMIand
^\X
x Pleasant\
Ha
-
9
*/PS5f*f>: <
y
"u^k
ox
'4
^>
rIonia
Port ilurouj"^
'
Sarnia
0-CS. X^*-^ J?
Sfonteith
Ctaarlolt^O^
flz
^nI Holly
rUmourX^-^*
^Gd.Junc.
rrTi
^o<,lcit>V lc,t!l)urK
&^
gotn'
ae gvlllA/
.s.
^7 South
Bend
a.
Porte.^^
^. M ^T
^Q
,
"1
,
^0,
1l/
^r^-
'
^r
I
^ST
runde
^
^^
j/^
SftnurlaT
X~f
Maflfe
TOLEDf
V^Ooshen
:
Hawthorn'
^/rayette
I
j
ill
^/"^""a
J
\^vJS
-</
>-
Ypsilantij
-*CT
I
lattle Cr,
Xalamazo
*
IfOxford
.Plymouth
Knox
^*lum^>ia
\
/
(Jity
y
>j
s
l.
Denver J
Wan "WertY- ~-~-*i
Ul.SandilskjV.
A
^cmpleton/
rest
/I
'
>a
I
i
u ii
Kenton7
^^Delp
iJ
joit.Gileadl
Marion
-#
tfardaT^^O.
Lafayel^
Cityrs^
.yyrovtland
.
Bellefontal
*^7
^
venal Ucs
Anderson
Mt.VerHcin
^VUelaware?
\Sidne
H
Piqua
plujicie
I
<^vi"gjj
.UMUS\
Troy
Qrecncas tleXw-^**"^
Dayton
-
Londo
T-ancaster
^Xenia
XogaiiV
Terre Hiule
^
FranlcllnV/ ^1<^
^^^\
\
/
\ j^jS&rtint V,
GoaportV^
\
/
Vaslilnjr^Jj
/Kunville\
Shel/>ille
/
c
ir *;
/S^
nKUurgh\.
\
.J
.,
"**4
Hamilton'
^Mnrrnw
gNCINNATI
Ort/ufiflcf
/
3fcArthurJ
**
CV'C
I
131
INYESTOKS'
SUPPLEMENT.
1
te
DESCRIPTION.
-
Mil.'H
explanation of column heading*, Ac, see notes
on
first
page of tables.
Tioga BR. la mortgage, due 1882 and extended
< onsolldat ed mortgage
Extension (wild*
Kliulra State Line Railroad 1 at niort
foltdo Ann Arbor if K. Michigan Stock
1st mort., South. DlT. (T A. A. .V G.T.)
in wort., gold. Ami Art or to Pt. Louis, Mich
let M. T. A. A. A Mt. Pleaannt R'> gold
c*
1st M.,Tol. A. A. & Cadillac Ry..gold
c*
Toledo d Ohio Central lft wort gold, Interest guar
Cai ti lists. Series 1, 2 and 3
Toledo d Ohio Cent, extent. M&T. Col. A Nor. lat M.
T. A 0. Cent. Ext.l t M.. gold, lor $1,900,000. .e*
est.
lat M.. new (for ?5,0O0.000) c*
To/. Peoria <*
Scrip for coupons in 1888 (payable at will)
Toledo Si L. d Kantat
lat M., g. (red. at 105)e*
Toledo Sag. d Uuil;egonlst M.,g.. $17,000 p.tu.c'Ar
Tonaicanda Valley it Cuba let niort. ($500,000).
2tir,n Olobe d K.Ar.-ltt M.,g.,s.f for** .600,000.0
tyront d Clearfield Stock, 5 p. c. rental, Penn.
lat niort ($100,000 ci m.l. sink, fund, not dr'ii
Ulster d Delaware 1st mortgage
c
,
.
W
.
C
RR
.
i
2d mortgage Income bonds
c
Vrmed X. J. SS. A Canal Co'*. Stock, 10 p. c, gu.
Gold bonds
Gmeral mortg.,gola and currency
o
United Co.'s Hiort.. s. fund $40,000. not dr'n.. ..
do
sterling M s. fd. $36,920, not dr'n
do
do
s. fd. $36,000, not dr'n
,
do
_
gold loan
Joint Co.'s plain bonds, to le replaced by 4s
do
Consol. M., to be replaced by 49. c&r
.
wllm
of
t
i
V..i..
xux
July,
KAILKOAD STOCKS AND BONDS.
18S9.
135
MAP OP THE
TOLEDO & OHIO CENTRAL
EXTENSION RAILROAD
AND CONNECTIONS
For*'
Petabervify
touis
uWdodside
Cestalla
Fremont
QJerea
21 Kremlin
*\ J*>
f'oihrwjlyde
rOberlin
ellevue
&
I
^Grafton
r
*trr,
^Hartlanti^
^Republic
A^r
Wellington
>Hedina
*,
r
r
j* Chicago Jc.
Blooimille-
New London
s?
Akron \
<?*
^VNIiJCutchenTlIle
tXcw
oX
/cShiloh
"Washlngt/m
I
J,i
.
,
.
1
TyeBt Salej n
f
[
R.
"Wadswor/!
Crestonr
V).
'O^JLemert
Clinton
XShelby
^Spore
^Forest
Vernon Jc^C
C .JP\
C
/c'l^m
'35?
$\
kSJVarwlek.
\a,
-.Mansfieli
O'WooBte,
'
v
*\
>s
f
j^'Gallon
s
^\"//
(
^
CaledonZ^^T*
r/T
Perryville\
Belivllli
^Ll)mpx
Beach
Marion
3
M
dison
\
>
,
(XarUingtotfJT
iMt.GIjead
3i\
Butler
City;
o
Mlllersburgh
SsFicdertcktown
r B Fulton
Canal Dov
Tailback
^"Marengo
Wt. Vernon
Js
Delaware
fi
o Keene
^Peerless
/J*
/o
\
SkCenterburgh
MartInsburgh
ii
"CLEVELANOj
Marysvine
Cos hoc ton v
ICreton
,Utlc
I
New Comersta
yGalcna
$M\\u*d Cen.
Ajohnstown
frlaf
n City*
^"Wtitenille
$iV
Urcsden Jc
^Alexandria
,^
Wurjhin^
illlardst
B
w Irr:"*
"
L. \)tV
0\-
_PlTTni. n
Union SI:iV5vlPl09slng
^
-r,1
U**
Wferson
<&>
-y
-j
>**
*~^
^
IaP
,t<
Cambvidjj
o
"~oho
:I
"\
OL^!*OcK?
x
Zane,,ill
rn P r
^_at
3>V'~
Cumberland's^
^^Harrtsburg;
'LoFkbourne
vX/,.
*
?7
'
}
^Of
*V**
Palestine
Ashevllle
"'
LancaBte QV
^?
v *7
Aon
e
\Cudar
.
New
_
"STr^^wc^
Caldwell'
3
Circlevillc
llulland
*^*lc Connetovlllc
to*:
(Oreville
Enterprise^
o\
ft^^OBan
'.-,/A
2
\MuAay
Singcto
Tl r|t ^
5rVWW /
/
Adelphl
o Cedar Grove
<3ftL^
l
'T
^illfield
Starr,
-*TSh-
.<
<
N-ew,
\
o Eagle M1118
illicothe
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136
INVESTORS'
SUPPLEMENT
[Vol. XL1X-
EAILKOAD STOCKS AND BONDS.
July, 18891
137
Subscribers will confer a great favor by giving Immediate notice ot any error discovered In these Tables,
DESCRIPTION.
Miles Date
of
of
For explanation of column headings, Ac, see notes
Road. Bonds
on first page of tables.
Vmon Paci He
Stock
lstm., 30 year bonds, gold, on road and equipm't.
2d id. currency (Government subsidy)
3d m. on road (2d on land) g., $ A s. f.not dr'n.c&r
c'Ar
Omaba bridge bonds (s. f., drawn at 110)
c
do
do
renewal (s.f. not drawn)
c
Collateral Trust bonds, gold, drawn at 105
Collateral trust Donds of 1883, gold, sink, fund
Equip. bdi.,Ser A&B, ij patdjeariy, not dr'n c*
.
4,898
1.038
1,038
1,038
.
Kan.P.,cons.M.for $30,000,000,l.gr.,g.,not dr'n.c*
do
1st M.. Eastern Div., $16,000 p.
do
1st M.. Middle Div.,$16,000 p.m., g...
do
2d M. (to U-8.Gov.) on 394m. W. Mo.K
dolstM.,DenverEx.,l.g.,2,5('.8,586acs.c*Ar
do
Income bds, 3d M.on 427 miles, coup.
V. Pac. Lin <t Ool.i st m., g., gu. ($20,000 p. m.)o*
OticadkBl.Riv. St'k,7p.c.perpet. gusr.byR.W.AO.
m
.
c
1st Mortgage
c
Black River A Morristown, 1st mortgage
c
Clayton A Theresa, 1st mortgage, guaranteed
o
1st
A
mortgage
Morristown,
Ogdensburg
Vtiea Chen.4Susq.ral. 8t'k,6p.c.gn.byD.L. A W.
Vtiea Olintontt Bmgh'lo>iTstM.,^'30 '.OOOexfis..
Valley (N. T.) Stock, 5 p. < guar, by D. L. A W...
1st mortgage (for $500.000)
o*
Valley (Ohio) 1st mortgage, Clev. to Canton
. .
Consol. mort. g., (for $4.000,000)s.f. notdrn.o'Ar
c
Valley (Va.) 1st mortgage
Vermont it Mass. Stock, 6 p. or. guar, by Fitchb. ..
c*
Bonds not mort. (guar, by Fitchburg RR.)
Vermont Valley of 1871 Stook
1st M., with $500,000 8u\ Co. RR. stock as ool..c*
Size, or
Amount
Par
Outstanding
Value.
INTEREST OR DIVIDENDS.
When Where Payable, and
Rate per
Cent.
27,147,000
27.236,512
14,215,000
1 ,293,000
328.000
4,142.000
5,299.000
2,194,000
12,978,000
2.240,000
4,063,000
6,303,000
6,037,000
85,900
4,503,000
1,103,000
1,107.000
500,000
200,000
143,000
4,000.000
790,000
750,000
400,000
1,600.000
1,499,000
750,000
3,193,000
1,000,000
1,000,000
800,000
1,000
1,000
1,000
1874
1871
1835
1879
1883
1887
1879
1865
1866
200
1,000
1,000
1.000
1,000
1,000
1.000
1,000
673
140
253
394 1865-7
245 1869
1,000
427 1866
50 Ac.
220 1888
1,000
100
180
87 1871 500 <&o.
36 1874 500 Ac.
16 1873 500 Ac.
10 1883
1,000
97
100
31 '66'-'70 500 Ac.
12
12
1881
59 1879 100, Ac.
91
1881
1,000
62 1881
1,000
59
100
1883
1,000
"5*6
50
24 1880
1,000
road acts of 1862 and 1864 applied to this road, and gave it a subsidj
of $6,303,000 and a land grant of about 6,000,000 acres.
The Denver Pacific Denver to Cheyenne, 106 miles was built nndei
the charter of the Union Pacific, E. D. (Kansas Pacific).
As to the debt of the Pacific railroads to the United States Govern
ment a decision of the U. 8. 8upreme Court settled the point that tht
payment of interest on the loans was not obligatory on the companies
Afterwards Congress passed
till the principal of the bonds became due.
the Thurman Act, May 7, 1878, which, for the Union Pa ciflo, provided
that 25 per cent of the net earnings, after deducting interest on tinfirst mortgage bonds and construction and equipment expenditures,
Firstshould be paid annually to the Government as follows
Applied directly to interest account, one-half of Government earnings and 5 per cent of net earnings, after deducting interest on
Second To be placed in the sinking fund
first mortgage bonds.
the other half of the Government earnings and so much of $850,000 at
may be necessary to make all the payments by the company equal 25
per cent of its net earnings. On Deo. 31, 1883, this sink, fund invested
111'. 8. bonds (par value) was $6,997,650, and the premium paid on
bonds and cash uninvested was $1,813,613: total, $8,811,268. The debt
to the U. 8. at that date was thus state
Principal. $27,236,512: interest accrued and not paid, $8 17,095; int. pai I by U. 8., $33,128,804; repaid by U. P., $12,286,399; balance of int. paid by U. 8., $1!0,842,023.
Stock txu Bonds. The capital stock issued and outstanding 1*
$60,868,500, having been increased about $10,000,000 since the consolidation in 1880. Dividends after 1879 were as follows: in 1880, 6
per cent; in 1881, 6%; in 1882. 7: in 1883, 7; In 1884, 3; none since.
The yearly range in prices of the stock has been In 1880, 80js113>s;
In 1881, 105>a3131%; In 1882, 98>4119%; in 1883. 70ie104V in
,
8*
;
8*
operations and fiscal RESULTS.
1886.
4,594
Operations
Passengers carried (No.)
2,518,034
Passengers car ied one mile. 247,341 ,275
2-45 cts.
Av'ge rate per pass, per m..
Tons freight carried
4,258,240
Tons freight carried one m. 1,105.978, 179
1-46 ots.
Av'ge r ate per ton per mile.
2884s:
in 1885,
41362%;
in 1886.
44J468H;
in 1887,
44363V
:
:
.
i
,
151, agabut $3,t>83,16.
On entire sj stem, from Jan. 1 to May 31 (5 mos.) gross earns, were
$13,201,070 in 1889, against $14,235,149 in 1886; i ut. $),C89,955,
aga
n.-t
#4,847,903.
*
Not including company's
1
3,358,234
262.913,074
2-509 cts.
4,772,645
,350,525,946
1-422 ots.
1886.
:
1
3,562,547
278,381.266
2-416 cts.
4,891,654
553,243,748
1-281 eta.
1889.
1887.
$
$
Earnings from
6,726,085
20,52 1,P 87
2,012,751
6,096,237
18,588,744
1,918,815
19,956,4 67
A taxes
26,603,798
17,608,619
28,557,766
17,667,732
29,260.824,
Net earnings.
ot. of expenses to earn'us.
8,995,177
68-19
10,890,034
61-87
10,095,458
65-50
Passengers
Freight...
Mall, express,
Ao
Total earnings
Operating expenses
P.
1898.
4,888
freight.
6,595.779
2,105,519
19,165,368
income account.
1866.
Slet
earnings
Income from Investments
Miscellaneous land sales
Investments, premiums, Ao
From
1887.
$
Receipts
trustees Kan. P. con. mort..
Miscellaneous
Total Income
Expenditures
Lisses on invest., prem., Ac
S nklng fund, company's bonds
Sinking funds, other companies
Iiterest-auxlliary lines
L*nd taxes. Ac, UnionDiv
Lissonle sed lines
I
8,995,179 10,890.031 10,095,458
916,215
890,020
1,030,552
13.015
13,532
15,904
670,341
17,~50
1,113,600
101.927
27,778
17,891
11,784,082
Interest on bonds
Discount and interest
1888.
-
$
11,972 231
11,052,981
$
$
$
5,197,731
67,224
5,134,566
160,153
113,490
5,057,714
59 1 ,965
587.670
21,846
106,964
588.585
24,848
1,298.399
62,640
11,722
1,331,372
53,653
1,36?,601
7,229.681
4,554,401
808,033
7,821,204
4,151,026
1,205,656
8,325.201
2,727,789
3,746,368
2,945,370
1,593,38ft
Misoellantous
148,902!
70,408
841,749
123,432
324480
85,972
Total expenditure
Surplus income of the year
Deduct U. 8. requirements
Total surplus income
...
1,134,394.
GENERAL BALANCE AT CLOSE OF EACH YEAR.
1886.
1888.
1887.
Assets
Road, equipment, Ao
Stocks and bonds owned,
61.283.688
oost.. 35,529,187
Miscellaneous investments
755,750
Advances
5,697,670
2,889,218
Materials, fuel, Ao
Cash and cash resources
1,351,190
707,487
Sinking fund balances
tfonds and stocks in K. P. trust.
3,217,250
Bonds held by Un. Trust Co
Land department Assets
18,599,519
1
162,522,403 164,997,724
42,211.161
40,622,739
1 51,098
764,311
4,570,428
2,981,431
1,632,105
1,114,003
401,689
5,063,730
883,328
2,064,032
3,217,250
3,217,250
1,196,619
19,742,124
18,726,050
230,030,959
235,961,586
240,747,989
60,368,500
Funded debt
81,969,127
United States subsidy bonds. . 33,539,512
Accrued int. om subsidy bonds. 15,670,753
Interest accrued not due
758,493
General income (profit and loss) 13,827,456
Income used for sinking fund.. 3,568,599
Land and trust income
19,828,519
60,868,500
80,180.655
33,539,512
16,363,744
727,469
16,826,177
4,156 269
23,299,260
60,868,500
80,459,055
33,539,512
16,866.390
731,887
18,757,462
4,744,354
24,779.629
235,961,586
240,747,889
Total
Labilities
Stock
.
Total liabilities
230,030,959
*
After deducting deficit of U. S. requirements, as compared with
acorued interest on U. 8. bonds Feb. 1, 1880, to date.
(V. 46, p. 38. 321, 525, 535. 539, 540; V. 47, p. 50, 140, 498. 500s
V. 48, p. 99, 209, 261, 327, 420, 527, 542, 554, 556, 55T, 590, 764.)
Colorado. This is a brunch nf the
Union Pacific Lincoln
Kan. Pac. Ry., running westerly from Salina to a junction with the Kan.
Pac. at Oakley, Kan., ami may ultimately be built to Denver and Canyon
City, Col. Tire 220 m. already completed is a consol. of the Sal. Lin.
Weit. Ry and the Oakley A Colby Ry. In Kansas, aud now road connecting the two. The bonds are guar, by Un. Pac, by endorsement ; trustee
sink, fund of
of 1 per
of mortg. is the Aifi. Loan A Tr. Co. of Boston
cent yeaily, ut bonds cannot be drawn. U. P. owns all the stook exconn
les
In
Kansas.
certain
(V. 47, p. 490, 803.)
cept what is held by
&
A
;
port for 1888 was in the Chronicle, V. 48, p. 554, 557,
figures w< re given fir the whole sytem operated
and the following
1887.
4,764
Miles operated Deo. 31
:
1884,
Dividend.
Q.-J. N. Y., Un. Trust, A Bost. April 1, 188*
do
do
1896 to 1899
6g. J. A J
6
J. A J. U.S. Treas., at maturity. 1896 to 1899
M. A 8. N.Y Un. Trust, A Bost. Sept. 1, 18P3t
8
A. A O. London A N. Y., Un. Tr.
April 1, 18f ft
A. A O. N. Y., Uuion Trust Co
Oct. 1, 1915
J. A J.
do
do
July 1, 1908
5 g. J. A D. Boston. N. Engl'd Tr.Co. Deo. 1, 1907
A. A O- N.Y., Un. Trust, A Bost.
5
1-10 yearly
eg. M. A N. N. Y., 40 Wall Street.
May 1, 1919
do
6 g. F. A A.
do
Aug. 1, 1!*5
J. A D. New York, Un. fr. Co.
June 1, 1898
1895 to '97
6g. M.'a N. N. Y., Lond. A Frankf't. May 1, 1899
7
M. A S. N. Y., Bk. of Commerce July 1, 1918
5g. A. A O. N.Y.UniouTr. A Boston Apr. 1, 19ia
M. A 8.
N. Y., R. W. <& O. Co.
3>n
Mar., 1889
N. Y. Cent. Trust Co
J. A J.
7
Jan. 1, 1891
7
J. A J.
do
do
Jan. 1, 1894
J. A J.
do
do
7
July 1, 1898
5
do
do
J. A J.
Jan. 1, 1891
M. A N. N. Y., D. L. A W. RR.
3
May 1, 18
A7 J. A J. Utica, Oneida Nat. B'k. Jan. 1, 1890
N. Y., D. L. AW.
2i
J. A J.
July, 1889
5
F. A A.
do
do
Aug. 1, 19U
7
J. A D. N.Y., Drex., Mor. A Co. June 15, 1908
M. A 8.
do
do
Sept. 1,1921
A. A O.
Bait, and New York.
Oct. 1, 1921
A. A O. Bost., 47 Devonshire St. Apr. 8, 1889
3
5
M. A N. Boston, Fitchbur? RR. May 1, 1903
3
Beilows Falls.
J. A J
July 2, 186 9
A. A O, Bost., Safe Dep. A Tr.Co Oct. 1, 1910
5
:
in 1888, 4866 1a; in 1889 to July 19, inclusive, 56i<s367>4.
There are $18,000 Leavenw'th branch 7 per cent bonds due Jan., '96,
and $8,000 Den. Pac. bonds.
Of the Union Pacific collateral trust bonds, the first issue Is limited to
80 per cent of the following bonds Omaha A Republican Valley RR.,
$1,010,000; Colorado Central Railroad bonds, $2,051,000; Utah North
era Railroad, $2,326,000; total, $5,387,000.
The collateral trus>
bonds of 1883 are secured by the following bonds Colorado Central Rh
$1,36.?.000; Utah A Northern RR. $2,178,000; Omaha A Rep. Vallei
RR. $668,000; Omaha A Repub. Valley Railway, $2,108,000; Utal
Southern RR. extension $91,000; total, $6,403,000.
Of the Kan. Pac. morts. that on the East. Div. covers the first 140 m.
west f the Mo. River, that on the Middle Dlv. the 253 in. foil, wing and
that on the Oenv. Exten. the 254 m. next beyond. (394th to 639th m.)
the Denv. Exten. mortgage has a sinking fund of $255,000 yearly.
The Kan. Pac. consol. mort. covers the road from Kansas City to Denver, and hranch, 673 miles, subject to the divisional bonds (to retire
which s-ufticient bonds are held) aud the U. S. lien.
The outstanding bonds of Kansas Pacific above are given less th
amounts of each class held by the trustees of the consol. mort. Theoon
sol. mortg. trustees are
Jay Gould and Russell Sage, and they held It
trust on Jan. 1, 1889, the following bonds ot the Kansas Pacific inaktij;
$6,715,160 in all, viz.: Leavenworth Branch, $582,000 income (unsub
ordinated)bonds, $217,750; income (subordinated) bonds, $3,948,400;
Cheyenne Branch Den. Pac. bonds, $l,S 67,0O0. They also held $1,997,500 of the stocks and $3,160,000 of the bonds of other companies
controlled by the Union Pacific.
Land Grant. The proceeds of land sales on the Union Paclflo malt
line are applicable to the sinking fund mortg. 8 p. o. bonds. On the Kan.
Pacific the cash income from land is applied to the consol. mortgage. On
Deo. 31 '88. the company had in cash from the Un. Pacifio grant the sum
of $5,582,890 (less $624,000), and in land contracts (with accrued Interest), $6,852,421: which sums are applicable to the payment of the 8
percent sinking fund bonds due in 1893. On Jan 1, 1889, the U. Pao.
lands unsold were 3,054,000 acres, estimated at $2,328,000; the K. P.
lands unsold, 3,243,s 00 acres, estimated at $10,381,100.
The sales in 1886, 1887 and 1388 were as follows:
Union Paclflo
1886.
1887.
1888
Acres sold (net)
146,189
51,352
17,225
Amount
$178,326
$74,123
$29,784
$3 91
$1 22
$1 44
Average price on gross sales...
Kan. PacificAcres sold (net)
225,623
511,702
121,596
Amount
$1,049,122 $2,514,643
$658,802
Av. price (discounts deducted)..
$4 68
$5 59
$4 93
Total acres sold
562,521
371,819
138,821
Amount
$1,228,225 $2,588,766
$629,018
The Kansas Pacific lands, from the 380th mile westward, are covered
first by the Denver Extension mort. (covering 394th to 639th mile), and
all the lands of the Kan. Pac. i>y the consol. mortgage.
Operations, Finances, Ac The company has extended rapidly and
built and acquired much new mileage, of which the Utah Northern and
Oregon Short Line are two of the most import Hit branches.
OS I'nion Paelflc proper, from Jan. 1 to May 31, 1389 (5 mos.), gross
earnings were *10,270.449, gainst $11,0:0,311 in 1888; net, $3,568,-
Bonds Prinoi
pal.When Due.
Stocks Last
1%
$100 $80,868,500
1866-9
1866-9
Whom.
Payable
bj
i
%
13*
INVESTORS'
SUPPLEMENT.
[Vol. JLL1X.
July,
RAILROAD STOCKS AND BONDS.
1889.]
139
Subscriber* will coufer a great favor by giving immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
column headings, Ac, see notes
on first page of tables.
For eii lanation
of
Tieksb. Shrcvep. <t Pae. Prior lien mort., gold . ..c**
- -* c
1st mortgage, gold
and IstM. on land, g.. for $2,500,009. .. c*
3d
M
Inc.bds..non cum. itherearealso$139,000old6s>
owned bv R.AW.P.T.)
Mort ,1st ser., 1st M.Alex. toGordonsv.Abr.,97ni.
2d series, (HtM. Chariot, to Lynch. .80 m.)
do
3d series, 2d lien on 60 m.; 3d on 97 m..
do
do
4thseries, 3 per cent for 10 years
do
5th series, 1st on 115 miles
Va. Midl'tL-St'ck ($3,577,333
do
Cthseries
C
int guar, by R. A
, $12,500,000.
prln and int. guar, (endorsed)
100
Charlottev.A Rapldan,(i'sed)l8tM.,s.f.dr'nat
Tirginia <* Truckee Stock
Wabash Railway 1st mort., gold (Chic Div.)
1st mort, gold, Detroit Division
Wabash, 1st mort. (Toledo A Illinois)
do
1st mort. (Lake Erie Wab. A 8t. L.)
1st mort. (Great Western of 1859)
do
1st mort. (Quincy A Toledo)
do
1st mort. (111. A 8o. Iowa) extended
do
do
2d mortgage (Toledo A Wabash
do
2d mortgage (Wr.bash A Western)
2d mortgage (Gr<.at West, of 1 859)
do
Tol. W. A W. Con. M.. (on all but Dec. A E. 8t.L.)
1st
mort., (Decatur AE. St. Louis)
Wabash,
Gen '1 mort.,
D
do
)
. .
Fund, debt bets. A sc, certs, (see remarks,
do
do
Mort., gold, sink, f d. $25,000 after '82
Hannibal A Naples, 1st mortgage
i
. .
no
Subscribers will coaler a great
DE8CRIFTTON.
r
fior
on
first
pan
of tables.
Jabash Western -RtocK
Bt.L. K.C. ANo., 1st mort. (North Missouri)
real estate A railway 2d mort
do
do lstM.ouBt. Char. Bridge.ooup.or rg
2d
do
do
*n Louis Council
Bluffs
A Omaha
1st
C. K
Boone Co.
Miles
Of
Date
Site, or
of
Par
Uoad
Bonds
354
354
42
.
.
1st
1st oonsol. mortgage
Wash. City d Pt.Lookout1 at M.bonds g."Alex. Br.s.f
fill Jersey Stock, $122,250 Is 6 p. c. special".
c
1st K., cum. sink. fd. $12,500 yearly, not
o'
consolidated
do
"1st
r
^Consolidated mortgage
bonds
c*
Ooean City
.
. .
RR
*o
RR
west Jersey 4 Atlantic Stock
1st M. Newflcld to Atlan. C.,33 m ,drn at lOO.cAr
Fleasantville A Ocean City, 1st mort
car
West More 1st M., guar, by N.Y.C.AHud
W.
1887
1873
22
38
40
18
2d mortgage, now
mort.
Virginia Cent. <* Pitt*. Stock
1st M.,g., ($25,000 p. ml
2d (nowlst>,ira.Oen.Ga. andGa.RR. c
Consol.
, gold, guar, by Cant Ga. andOa. RR..C*
Western <t Atlantic (Ga) Income bonds
c
Wl'n(AM.)
M
388, SO
1855
1870
1875
1878
18
18
12
209
38
63
128
Id
11
11
100
50
100
J
Cent
Payable
7
7
A
A
i",66o
500AC.
"><><>
Ac.
500 Ac
100 Ao
1,000
"60
1880
1,000
1880 100 Ao,
1885 l.OOOAc
100
1881
1,000
1870
1,000
1888
1,000
1.000
1873
33
7
448
96
60
138
138
138
6to8
750,000
3>s
3>s
J N.
When Due.
foe**- La
Stocks
Last
Whom.
Dividend.
Y., Bk. of
du
do
do
do
8.
.
A O. N.Y., Del., L. AW. RR April, 1889
A O.
do
do
Oct 15, 1900
A S.
do
do
March 1. 1906
A
June 1, 1913
D.lBaltlinore.Balt.AO.RR.
eg.
A S. Phlla.,Omoe,233 8o.4tb Mar. 15, 1889
4
A J.
do
6
do
Jan., 1896
A O.
7
do
do
Oct. 1899
6
A N.
do
do
Nov., 1909
A A.
do
do
6
Aug., 1925
A D.
do
7
do
Deo. 1898
6
A X
do
do
May 1. 1912
4
M. A 8 PhlL Office, 233 80. 4 th Mar. 15, 1889
2-s
M. A 8. Phila., Fidelity
T. Co Sept. 1, 1910
6
6
J. A J. Puila.. Penn. RR. Oflioe
July 1. 1910
4
J. A J. N. Y., Gr'd Cent. Depot Jan. 1, 2361
1
Bait Co.'s Office.
March ,1889
J. A J. W. Y. Office, 1 Brdwav.
Inly I. 1911
:* A. A O. N. Y.KesslerACo. -iiWall Oot. 1. 1890
do
do
Oct 1. 1918
4*g. A. A O.
7
7
749,000
100,000
20o,OO0
90.000
100,000
827,550
267,000
80,000
50,000.000
1.000
1868
1882
304500
pal.
"
Payable, and by
Commerce. July 1, 1895
do
Sept. 1, 1898
do
1908
Oflt
do
Oct, 1903
do
do
A O.
do
Apr., 1937
A X
do
do
I. 1903
AA Boston Bank Redemp. May
Aug. 1, 1903
A J Bostou, Bost.A Alb. RR July 3, 1S89
'
1,800,000
750,000
000,000
540.000
2,134,850
1,000,000
1,000.000
60
1866
1869
1879
40
sold April 26, 1886, to the committee.
When Where
6
620,000
322,000 7to6to5
7
loa.ooo
1,606
I.
5,550,000
1,650,000
1,171,000
1
.
372,000
131,000
Q-J.
Oot
Atlanta, Co.'s Office.
'89 to '90
The St L. Ottuinw* A C. It. RR. was taken in by consolidation In Nov.'
1887, and bonds were issued 00 the road bearing 7 peroent. inter, st
Oot, 1889. then 6 till 1892 and 5 per cent thereafter. The Boone
Co. A Boonevllle RR. is leased to May, 1903. The Brunswick A Ciillllcothe was leased to St. L. K. C. A Nor. for 999 years. Its bonds bear 6
per cent interest till Aug. 1, 1900, then 8 par cent till miturity. On
April 1, 1887, the Eel Ever R J. was leased for 99 years (see that company.)
From Jan. I to May 31, 1889, gross earnings were $2,214,057, against
$2,101,743; net, $i8 J .599, agaii st $374,497.
Annual report for 1888 was published at length In V. 48, p. 325. 333,
as follows:
1887.
1883.
Total gross earnings
$6,'il8,062
$">,779,583
4,680.125
4,398,391
Operating expenses
till
receivers.
The road was
Ml
liHtK
6,000,000
3,000.000
1,000,000
1,000
1,000
1,000
closed June 10, 1876. The St. Louis Kansas City A Northern was
{formed in 1871 as successor of the North Missouri Railroad, whloh was
old in foreclosure August 26. 1871.
In April, 1883, the Wabash 8t Louis A Paclflo was leased for 99 years
'i<> the St. Louis A Iron Mountain (and thus to the Missouri Pacitio), on
tthe general basis of paying over to the Wabash its net earnings each
year, but in May, 1884, Messrs. Solon Humphreys and Thos. E. Tut t were
appointed
Outstanding
100
,
1 st
Amount
42
BrunswlckA
Bwedcsboro RR. binds
Woodstown A Swedesboro,
1st;.")
1874
1878
H
dm
XLIX
ofior errer discovered In these Tables.
Bond* PrtasfINTEREST OR DIVIDENDS.
$100 $30,000,000
1,002
Bt. Louis Ottuniwa A
A Boonevllle 1 it mort. int. guar
Chilllcothe 1st mort., int. guar
(rare Hirer Stock, 7% rental guar.99tt yrs.B.AAlb
Warren (N. J.} Stock, 7 % perp. guar. D. L. A W.
1st mort. on
by riving lamaiealale notlre
[Vol.
I
explanation of column heading, Ac., see notes
tSalem
SUPPLEMENT.
INVESTORS'
But there was
delay in the confirmation of sale, the floating liabilities including receivers' debt, Ac, being about $4,000,000, and there vet remained a large
amount of overdue interest on the prior mortgage liens. There was
'further disagreement and litigation, and the receivers Tutt and Humphreys were removed by au order of Judge Gresham, and Judge Thos.
3f Cooley was appointed receiver of most of the lines east of the Miss.
SHiver, and he was succeeded by Mr. MoNulta.
.
Net earnings
Miscellaneous receipts
.
REORGANIZATION PLAN.
Total
81,837.9*7
52,980
$1,381,192
110,270
$1,890,917
$1,191,462
receipts
Cnder the present litigation the first mortgage bondholders' commit- Interest on
1,310,743
bonds, rentals, taxes, Ac
1,348,076,
tee proposed a plan of sale, reorganization, reduction of interest and
{consolidation with the Wabash Western lines, which plan has been out$880,174
Balance, surplus
$143,386
lined in the Supplement of Januarv, 1889, and previous issues.
The charges on all lines as they will stand after consolidation on July -(V. 46, p. 319, 351, 352; V. 47, p. 42; V. 43, p. 325, 333, 663
V. 49, p. 23.)
29 were given briefly on p. 730 of V. t* (Chronicle, June 1, 1889.)
The Chicago Division was sold March 11, 1889, to the Purchasing
Ware 1(1 ver. -Palmer, Mass., to Winohendon, Mass., 49 miles. It
Committee for $3,500,000. (V. 48, p. 369.)
is leased for 999 years to the Boston A Albany Railroad at a rental of 7
The final decree for sale of all the rest of the main lines east of the per cent per annum.
J. A. Ruuirill, President, Sprlngtleld, Mass.
Mississippi River was made by Judges G esham and Jackson tu Chicago
on March 23, 1889, and the sale took plane May 15, the puroha-lng comWarren, N. J. Line of road, New Hampton Junotion to Delaware
mittee paying $15,550,000 for the whole property sold. (See Chroni- Bridge, N. J., 18^ miles. The road is leased in perpetuity to Delaware
Lackawanna A Western at 7 per cent on stock and bonds, John I.
cle V. 48, p. 663.)
Stocks and Bonds. The old pref. stock had a prior right to 7 per
scent (non-cumulative); then common to 7.
Prices of stock since 1879 have been : Common in 1830, 26>a48;
Sn 1881, 33Li60; in 1882, 2308 39''8; in 1883, 1536>4; in 1834.
<lal9S; in 1885, 215>a; in 1886 (pur. com. receipts), 12 324=8: in
1887.1bi8<*2238; in 1888, 12lo; in 1889, to July 19, Inclusive, 12>a
lu 1881.fi64s4a96s4; in 1882,
'=216 78
Preferred In 1880,
Am884s;
.
in 1883,29ie57-s; in 1884. 9932; In 1885,618325; In
(pur. com. receipts) 2338a41T8 in 1887, 23%a38>4; In ls8, 21
in
1889. to July 19, inclusive.
'30;
The Wabash St. Louis Paclflo extended
Operations, Finances,
Its lines very widely In the years 1879 to 1882 (under the presidency of
Mr. Solon Humphreys), by the acquisition 01 branch and connecting
45^710b;
1886
2430s.
A
roads, and thereby assumed heavy liabilities. Although the earnings
largely, the annual liabilities were still far in excess
of the net profits. The road was operated In close connection with the
-Gould Southwestern system running into St. Louis, and the formal lease
io the St. Louis A Iron Mountain Co placed th<> Wabash nude ooincontrol of the Missouri Pacific prior to the appointment of receivers
or tbe Wabash.
Silete
From Jan. 1 to May 31, 1889, gross earnings were $2,480,531, ag-st.
92.405,620 in 1888; net $412,854, agst $335,150 in 18->8.
In the Wabash A Western report for 1888, the following statement is
onade of the Income account of the Wabash Railway:
1888.
Oross earnings
Operating expenses and taxes
$6,902,101
5,017,176
$6,553,362
5,643,065
Net earnings
>Otherincome
$1,884,933
7,282
$910,^97
7,980
Atlantic Railroad., 46 miles total, 219 miles operated.
Sinking fund of $12,500 yearly for bonds of 1896 is invested in 00m:
D.videndssinoe 1830 have been: In 1881, 4: from 1882 to 1884, inclusive, 3 and b scrip; from 1885 to 1887, inclusive, 6; In 1888, 6>;
In 188* to date, 3Hi.
From Jan. 1 to May 31, 1889(5 mos gross earnings were $496,833,
agaiusl $515,335 in ls.s net, $98,696, against $168,722.
The annual report for 1888 was published In the Chbootclb, V. 48,
Income account has been as follows:
p. 526.
)
;
INCOME ACCOUNT.
1885.
$
Receipts
Gross earnings
Set earnings
Other receipts
$918,277
390,390
^Balance, applicable to interest
$1,532,674
Net revenue applicable to Int. $1496,911 $1,632,676
$527,887
$3,029,587
(V. 46. p. 105, 134. 201, 277, 511, 539, 621, 669; V. 47, p. 327. 382,
473. 626: V 48, p. 68, 100, 190, 261, 327. 369, 38P, 420, 556, 689,730,
S629; V. 49, p. 23.)
Wahasb Western.-
The road owned Includes those parts of
former Wabasn St Louis A Paeltlo west of the Mississippi River that
the system when the purchasing committee took possession
4a March, 1887: also certain lui"s east of the Mississippi that Judge
Cooley did not take. Owned by oompany St Louis to Kansas City,
"277 in.; St. Louis levee to Fergiuou. 11 in.; Molnrly. Mo., to Coatsville.
Mo., 8* m .Coatsvll e toOttumwa, Iowa, 43 m.; branch to Glasgow,
:
15 m; Vital owned, 43 1 m. Owned by
e uuiuutee
Mo,
AlWa to Des Moines, la., 67 in.; Butler, lud., topurchasing
Detroit, Mich., 1 14 m
Attica to Covington, Ind., 14 in.; Champaign, HI., to Sidnev, 12 in.;
total owned by purchasing oommltce, 207 m. Leased Hrunswick A
'Chllllrotbe RR., Brunswick to Chilllcothe, Ho, 38 m.; St. L. C. B. A
Otn. RR-, Chilllcothe to Pattonsburit, Mo., 42 111.: Boone Co. A Boons-vl!leRR.,Centralla to Columi la, Mo., 22 m.; Eel River RR., Logxns
port, Ind.. to Butler, Ind., 93 m. And rented Ottumwa, la., to Har-vey (Chic R. I. A Pac.), 38 m.- Laketon June, to Chicago
:hic. A Alt ).
123 m.; Logansport to Clymers (T. H. A Ind. RR.), 6 m.; total leased
<and rented, 362 m. Total operated, 1,002 miles.
lie
.vtiiaini-d In
;
.
;
(
1886.
1887.
$
$
1,352,458
503,274
476,627
21,350
14,008
1,286,012
Total income
Disbursements
Rentals paid
490,625
$
39,098
on West Jer. debt.
Netearu.ofW.J.AA.RR.,Ao
interest
Total net income
$1,892,215
IDeduct track rentals, car trust charges, Ao.
359,541
N. J.
A Point Lookout.
Hyattsvtlle, Md.. to
Shepherd, Md., 13 miles. This road was opened in 1873. Leased in perfor
the
Baltimore
A
Ohio
to
p>r annum, being In.
gold
$36,000
petuity
tens on debt (assumed by B. A O.), and $3,H00 for an accumulative
in
Is
-no
The
stock
fund
drawings.
$1,000,000.
paid
sinking
West Jersey. Main line and branches Camden to Cape May
Sea
179
Ooean
miles; West Jersey
Bridgeton, Riddleton,
Isle,
City, Ac,
City
pam's bonds and $598,255 were so held Feb. 1, 1839, Including the
$100,000 Ocean City RR. bonds and $100 000 Salem KR. bonds above.
Increased
1887.
Washington
A
;
Ac
Blair, President, Blairstown,
Dividends
Hate of dividend
Miscellaneous
175, 174
81,990
89,113
6 p. 0.
524,624
$
41.745
180,174
90,081
89.140
6 p. 0.
1888.
$
1,469,215
1,556,033
492.958
.7
501,902
27,348
513,815
529.250
20.8
$
$
39,164
182,343
90,652
89,142
6 p. c.
31,397
175,174
82,788
138,088
6*4 p o.
48
401.291
427,489
Total disbursements.... 385,375
401,140
123.484
112.524
105,250
101,761
Balance, surplus
-(V. 45, p. 473, 614; V. 46. p. 191, 503; V. 48, p 526.)
West Jersey Atlautlc Owns-Newheld. N. J., to Atlantic City,
N. J., -3 miles Pleasautville A Ooean City lilt., 7 miles total, 40 miles
Jpened June 17, 1880, aud operated by West Jersey Railroad on a
West
loiiit traffic agreement aud 25 per cent of gross receipts on
lersey from traillc of this road to be applied to any deficit iu interest
or
drawn
at
at
fund
for
bonds
105,
*nd then as sinking
purchasable
1888, $32,787.
100,' iver 105. In 1887 net earnings were $?8,456;
A
;
;
m
-(V. 48,
p. 291.)
Weehawken, N. J., opposite N. 1
West Shore.
city, to Buffalo, N. Y., with branohes to Albauy city and Roehsster City,
iluiut 418 miles lu all. This company was organized in December. 1885.
*e successor to the N. Y. West Shore A Buffalo, sold In foreclosure.
A lease of the West Shore property to the .sew Vork Central A Hudson
with the plan of
Company lor 475 years was executed lu compliance owued
by tbe New
reorganization In 1835. The $10,000,000 of stocn is
York Central Company in consideration of that company's guarantee
bonds.
The moit
of the principal and Interest of the $5 j,000,000 of new
Line of road from
July,
1889.]
Subscriber* will confer
KA1LR0AD STOCKS AND BONDS.
great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
For explanation of column headings, Ac., see notes
on llrst page of tables.
Western Maryland 1st and 2d pref. mortgages ....
3d M, endorsed by Baltimore
4th mort. City of Baltimore stock
5th mort., neP by City of Baltimore, s. fd
Baltimor- 4 Harrlsburg RR., three 1st morts
Mort. (for $690,000)
o*
1st Mort. Western Extension ($240,000)
Western If. I. <t "ennsylvania-Btock ($30,000,000)
o*
1st mortgage ($10,000,000), gold
c*
2d mortgage (1st on equipment, etc.), gold
red.
at
income
do
opt'n
do
scrip,
Warren * Franklin, 1st mortgage
Wmtern SorlK Carolina -1st mortgage
1st conBol. mortgage, gold ($12,500 p:r mile)..c*
2doousol. mort. ($15,000 p. m.)
Western Pennsylvania 1st M., Blairs. to Butler
1st mortgage. Pittsb. Br., Free-port to Allegheny.
Consot.M. for $5,000,000 g., guar., by Pa. KR..C*
White Water Stocx ($3*25,000 of it pref.)
Wheeling <t Lake Erie Pref. stock, 6 p.c, not cum.
o*
1st mortgage, gold
1st M., Wheeling Div.,$ 4 S. (2d on 186 miles), c
6
Wilm. Ootum. <tA.ua. Stock, p. c, guar.WU.4Wel.
1st
mortgage
141
c
Wilmington <t North. \eX M., 20-40's ($1,000,000).
Wilmington <& Weldon Stock
Sinking fd. bds., g., provided for by gen'l niort.c*
Gen'l mort for $4,000,000 ($12,000 per mlle)..o*
Cert, of indebtedness, non-cum., income
Special Trust certificates
14*
JLNVESTOKS'
fur
.
on of column headings.
on first page of tables.
*
,v( 'n'l
0'
IfinoHa <t South IT. 1st M., 18,.'>00 p. m. g.
0'
WitcontiH Cent. Co. 1st niort., gold
o*
Income bonds, non cum gold
o*
Chic, Wis. A Minu. 1st niort., gold
do
Inoouie tK)ni.s, 6 p. cent, cum
do
Wisconsin Cent RR. Consol. M 1st series, gold.c.tr
Con. M, 2d ser's. Income mot cuniula've)gold.c*Ar
Worcester Xashua <* Rochester Stock
o'
Bonds, mortgage
e*
Bonds, mortgage
Bond* Value.
iam
$1.IKH>
All
18*7
122
1885
1885
1879
1879
l.ooo
1,000
1,000
.
Nashua A Roth.. 1st mortgage
W. N. * K. Mortgage
lanes, d Ohio JJinr-letM., gold, $25,000
C
o
p.
m..c
326
326
94
46
94
74
500 Ac
50OAc
100
500 Ac
1873
1875 lOOOAc,
1874 500 Ac.
18b6
1.000
ISnU 100 Ac.
Outstanding
(!)
$8,571,000
12,000,000
9,000.000
1,040,000
2,249,000
1,750,500
3,099,800
250,000
400,000
565.OO0
150.000
1,700.000
CANALS.
Chesapeake el Delaware Stock
r
1st mortgage (extended in 1886)
Chesapeake <l Ohio Maryland loan, sinking fund..
Maryland loan, guar., sterling
Bonus having next preference
[Vol.
XL1X.
by glvlu* Immediate notice or any error discovered In these Tables.
INTEREST OR DIVIDENDS.
Miles Date
Size or
Amount Catc per
Par
see notes Road
of
Subscribers will confer a Croat
DESCRIPTION.
SUPPLEMENT.
Repair bonds, Act 1878, first lien
Repair bonds
Dsiawarc Division let M. (ext'd 20 yrs. In 1878). c
Delaware <e Hudson Stock
r
1st m. on property in New York State
c"
Debentures secured bv Penn. X)iv. bonds
1st M. on Pennsylvania Div. ($10,000,000).. cAr
Schenectady A Duan, 1st mortg.. Int. guar....
Lehigh Coal <* Navigation Stock
14
14
184
184
184
184
60
686
14
339
1886
$50
500 Ac.
500 Ac.
500 Ac.
500 Ac.
78-\S!)
1889
1858
1,000
100
1871
1,000
1874
1,000
1877 lOOOAc.
1874 100 Ac.
50
$1,903,238
Cent.
2*
8'
Jcly,
1*89.
KAILKOAD STOCKS AND BONDS.
J
143
MAP ON THE
ZANESVILLE
AND
OHIO RIVER
RAILWAY
AND CONNECTIONS.
AVk
Ravenna
Hartville
Warwick
Jlar-slmllviHeH
Reetlsburg
vSholby
^^Nf^t anion
j-sV^
Crestline
Habile
TTFTiT^^^-^J^ansfield
^fe*f Oneida
Shreve^
^Oalipn
^J^oVMills
ffi*redericksb'g
^JIulmesviHe
Car*
'"<o
Barr's Mills
i
rililltrsburgh
{Canal Dover
o North Liberty
Sherodsville
illbuck
BFredericktown
rV
\
Bow erst on
Uhrichsvnfe^^E^nirtson
Y
1
7
Centreburgh
/
&%
TunnellHinJ;
C
Comerstown
/
Tippecanoe
%
CoopersdaleJ"
S
\
i
e 'o
^?
Guernsey
Dresden Jcy
Louisville
^i-^^^^S
Adamsville
o
3forristown
Creighton o
'*rQ
Granville^.
<>
s^lCambridge
.V
illK-rt
Pleasant Valle^
New Concord
L*O.Crc^i?^"
Darlington
n P <,rt
V
^^^hhvms!^
VV.
25**
'KCOLUMBUS
<*
Eg*
**7//e
,
Somerton o
<o.
Fultonlia"
LCedarRun
^ Ql^iK Bloom
Caldwell
## -V^
'
iagleport
good's
^XtiSi ^^^SSyK^" 0M
.,
%^t:
^^gT^ORHlka
<'
Connellsvflle
^5^N.
>,:
.'0<
loOeDtre Bena
xter City
CANAL AND MISCELLANEOUS STOCKS AND BONDS.
144
July,
1889.]
Subscribers will confer a groat favor by giving Immediate notice or any error discovered In these Tables.
Miles
Bond*
INTEREST OR DIVIDENDS.
DESCRIPTION.
of
explanation of column headings, 4c, see notes Ro'd&
on
LtAigK Ooal
<*
tlrsi
Canal.
tables.
page of
(Continued)
Xarigation
4
B. KR.r
1st mi canal, 6,0 to acres ooal Slid 76 m. L
1st mi. I, i')i. A- mi- i:u. Haiicli Chunk to Kaston..r
2dM onCan ,CoaI4RR.andlstM.Nant.RR ,26ui.c*
Cons. 3d M.Canal.CoalA122 iu.RH.; 2d M.26 m.RK.
Greenw'd 2d on 1.254 acres coal laud <exfd,'77).r
r
General mortgage for 915,000,000, gold
Jfsrris Stock, consol., 4 ji.c.gu. Oil iiyrs. by Lehigh V.
Preferred stock, 10 p. o. gu. 999 yrs. by Lehigh V.
124
46
106
106
209
103
103
103
316
316
c
let Mortgage
Ttmneytvania 8 took
Gen. uiortg., s. !., Interest guar'd by Penn. KR..C*
Mchuylkill Kaigationlt mortgage, extended
2d mortgage
Mortgage bonds, coup, (payable by P. 4 R.)
Boat and car loan, (payble by P.
R.)
do )
Boat and oar loan ( do
tsugixAannq Maryland loan, 2d mortgage
Susquehanna Canal, common bonds 3d mort
do
pref. and priority bonds
do
bonds of 1872, 4th mort
Date
Size, or
of
Par
hah
Rate
Ontatandlnir
,,
Outstanding
Value.
,
('out.
1864
Var.
1867
Var.
1867 $500&e
1871
1,000
1872
1,000
1881
* -..ooo.ooo
2.000,000
1.8*3,000
2,460.000
643.000
2,535 000
1,025,000
1,175,000
1,000,000
4,501,200
2.738.000
9,076
1,000
100
100
,
76- 85
1,000
1870
1,000
1,000
1,000
50
,
J
132,200
[*
7
500
1,000
4
D.
;
II.
.1.
a
Q.-F.
r.
*
F.
F.
A.
4
4
4
"a"
6
J.
*"j.
6
6
J.
J.
4g.
2
5
7
A.
A.
O.
Dne.
July 1, 1914
do
do
Feb. 1, 1897
do
do
Dec. 15, 1897
do
do
.lunc 1, 1911
do
do
Feb. 1, 1892
do
do
May 1, 1924
Leh.Val.RR.Co., Phlla Aug. 7, 18^9
do
do
Aug. 9, 1889
do
do
April 1 1906
,
So. 4th St.
1910
March, 1897
1882 to 1907
1895
May, 1913
May, 1915
Jan., 1933
Jan. 1, 1918
Jan., 1894
Jan., 1902
July.
Philadelphia, Office,
do
do
do
do
J.
.v
233
Phlla.,
Q.-M.
4 J.
M. 4 N,
6
7
M. 4 N
()2 J. 4 J
J. 4 J
o
J. A
6
J. 4 J.
7
1
Princi-
pal, When
by Stocks Last
Dividend.
Philadelphia, Office.
Q-F.
J.
1,000,000
74,000
40.900
14,000
l'.OOO
When Where Payable, and
Pavablc
Whom.
Payable
6
107,3t 9
1,000
1,000
'
4>a
136,000
1863
1864
1839
1 859
1884
1872
*T
Phlla.
do
do
do
do
and Baltimore,
do
do
do
.1
do
do
do
lllMlil.lMOIO.
Attaint Kxpre/tn Stock
Bell Telephone Stook ($2,500,000 more to bo Issued)
1 c ii-ii! lire* ($2,000,000) red. at 110 aft. Aug. 1, 1890. o4r
Awter. Tel.it Cable Stock, guar. 5 by West. Union
1889 500,&e.
29,729 shares have been converted into Lehigh Coal 4 Navigation
mock, leaving only 2,938 shares unconverted. Interest on bonds is
4
Delaware Hadson. (See Map). The Del. 4 Hud. Canal Co. war
chartered April 7, 1823, and the canal from Rondout. N. Y., to Hon op Pa, 108 miles, was completed in 1828. The company owns the following railroads, viz: Lackawanna <s Susquehannah Nineveh, N. Y., to
Jefieison Junction, Pa., 22 miles; Valley Railroad. Carbondale to
Bcranton, Pa., 17 miles; Gravity Railroad (4ft. Sin. gauge) OlyphauttoHonesdnle, 56 miles; Schenectady 4 Meohanioville East GlenTllle to Coons, N. Y., 10 miles: Cherry Valley f-haron 4 Al. Cobleskill
to Ci erry Valley, N. Y., 21 miles; Schenectady 4 Duanes. Schenectady
to Duane>burg, 11 miles: Adirondack Railroad, 60 miles; total
owned, vOO miles; and It leases: Albany 4 Susquehanna Albany to
Bingham ton, 142 miles (leased for 150 years from Feb., 1870); New
York 4 Canada (leased in perpetuity) Whitehall, N. Y., to Rouse's
Point, N. Y. 113 mile", and branches to A usable, etc., 37 miles; Rensdear 4 Saratoga and leased lines (teasel during term of eharter and
Its lenewals)
Albany, N Y., to Lake Champlain, N. Y. and branches.
195 miles; Utica Clinton 4 Binghamton and Rome 4 Clinton (leas< d
during term of charter and renewals, and sublet to N. Y. Ont. 4 West
ern till June, 1921), 44 miles; Union RK.-Green B idge to Wilkesbarre,
Pa. (leased during t* rm of charter and renewals), 20 miles; other lines,
4 miles; and Jefferson SB. (trackage) Jeffersou Junction to Carbondale, 35 miles. Total controlled, 730 miles, but oaly 686 operated in
D. 4 11. system. This company is among the largest miners and
carriers of anthracite coal. In June, 1889, the Adirondack RR (60
mile') was purchased.
The 1st mort. of 1871 covers real estate, etc., in Buffalo, Rochester.
Weeuawken, New York City and elsewhere, the canal from Rondout to
Delaware River, 83 in., the Lack. A Susq. RR., 20 in., etc.
The debentures are secured by an equal amount of Pennsylvania
Division bonds, reserved. The Penn. Dlv. bonds cover canal, railroads,
ooal and other lands, etc.. In Pennsylvania.
The stook was increased to $30,000,000 to pay off the bonds due in
1884 and 1891. The remaining .$5,500,001) in treasury will be Issued In
1891, to take up an equal amount of 7 per cent bonds.
The annual report for 1887 in V. 46, p. 1 32 and 170, had the following
The managers " propose to appropriate, from time to time, from the sur
or dividend fund, amounts not to exceed In the aggregate twenty
Slug
ve (25) per cent of the Ave millions five hundred thousand ($5,500,000)
dollars of bonds to be retired during the year 1891, a id to credit such
appropriations us cash payments on the stook to be issued therefore to
stockholders of record at the time when notice is given of their right to
subscribe." This proposition was submitted to stockholders at the annual meeting in May, and approved by them.
Dividends have been paid as follows from 1881, when they were
resumed: Inl881,4ia; in 1b82, 7; in 18-3,7; in 1884,7; in 1885, 6;
In 1886 and 1887, 5 in 1888, 6; In 1889 to date, 3>a. Range of stock
rices since 1882 has been: In 1883, 102ia112i8: in 1884, 67114;
1885, 66ijial00ia; in 1886, 87J4108 1a; in 1887, 96'a106 1s; In
1868. li 3*134; in 1-80 to July 19 inclusive, 130^149^.
Report for 1888 was in Chronicle, V. 48, p. 157.
dale,
,
,
:
-
;
i
l-KOFIT
AND
LOSS.
1885.
1886.
1887.
1888.
s
SS
Receipt*
Bales of coal
,201,049
54,551
Canal tolls
Int. on Invest. 4 miscell
Ooal on band (Deo. 31)
Railroad earn'gs In Penn.
Profit on leased lines
.
792,716
649,905
694,941
.
Total
9,393,162
Disoursement*
Ooal on band Jan. 1
892,804
Mining coal
3 975,297
Trans. to tidew'ter via Erie
Transportation expenses,
canal, lease, 4c
592,803
7,399,095 10,100,118 10,604,465
58,410
66,505
56,675
633,867
S95.001
496,217
332,653
183,697
201,299
841,662 1,147,134 1,041,756
130,111
9,265.687 11,892,457 12,530,522
649,905
4,239,907
873,517
332,652
5,019,147
1,159,114
183.697
5,313,138
1,164,827
767,151
88\810
932,2^2
i.069,067
973,571
986,994
300,453
28u,230
402,656
436,262
Taxes
222,323
183,699
171,577
169,189
Loss on leased railroads..
313,330
21,695
37,622
Balance
1, 186,396
1,175.485 2,910,305 3,311,134
Total
9, 3H3.102
9.2Kfv.H7 11.892,457 12,530,523
Interest
Termin'l expense
(V. 46, p. 38,
4 in
826,987
1 ,082,768
i
si el
.
132, 170,
(
09; V. 48, p.
157, 799.)
Lehigh Coal & Navigation. Owns canal from Coalportto Eas48 miles, and leases Delawaie Dlv. Canal, 60 miles. Also
tern, Peun
owns l-ehigh 4 Susquehanna RR., Phillipsbcrg, N. J,, to Union Juno
,
Pa 105
miles, with brai ehea. 56 miles, and leases for 999 years Nesiiue
RR, 17 m., and Trescow RR.. 7 m.; also leases Wilkesbarre
m.; but all these roadit are leased for 999 years from
1871 to Central of N.J. Kit., rental being 33*a per cent of gross earn
logs, with a minimum rental o $1,414,400. The Central
of N J
assumed (in purchase ot equipment) $2,310,000 of the gold loan due
189T, and the Lehigh 4 Wilkesbarre Coal Co. assumed $500,000 of the
loan due 1897 and $771,000 (all) of the convertible gold loan due
fnld
894, additional to amounts In tabic ahove. The general mortgage of
1884 (tiustee, Fidelity Ins. Co. of Phlla.) covers, subject to prior bonds
7,460 acres coal land, 48 miles ear al and 161 miles railroad, estimated
In 188 as together worth $2^,278,000. Bonds are received to retire
all prit r issues not assuired by other companies. The
modifications of
lease under the new arrangement with Central of New Jersey are re
ferr, d to in V. 45, p. 113.
,
honing Val.
4 Scranton,
RR
*6
2,000,000
14,000,000
1.500,000
100
25
Am. Coal (Maryland) Stook
guaranteed.
2
$100 $12,000,000
100
9,962.100 3
Am
;.-M.
%4 A
ex.
7
F.
1>4
Q.
M.
3
N. Y., 59 Broadway.
Boston, Compy's Office
M. N.
4
June
Y.,
do
West Union
Tel.
Broadway
S. if. Y., offlce.1
Dividends since 1S80 have been: n 1891. 2 p.c.; in
513; in 1884, 6; In It 85, 5ij; in 1886, 4%; In 188
in 1859 to date. 2*9.
Reuort, for 1883 was in Chronicle, V. 48, p. 249.
Aug.
1,
1889
1889
1898
Mar.
1,
1.
1889
1889
1,
Jmy
do
15,
June
1882.4
in 1S83,
4; in 1888, 4>t;
;
1886.
1887.
1888.
Receipt*
From railroads and Nesque. Tunnel. .$1,464,381 $1,533,184 $1,804,783
Canals
48,225
50,248
43,201
Net profit on Lehigh Coal
135,104
148,452
358,968
Royalty on coal mined by lessees,
revenue from rents, 4c., 4o
80,797
71,302
46,712
Total receipts
Total disbursements
$1,728,507 $1,803,186 $2,253,664
1,108.496 1,131,510 1,19.', 749
Balance of earnings
Less sink. fd. of 10 p. 0. p. ton on coal.
Less depreo'n on coal, impr" v'm'ts, 4o
Total
Surplus for year
Halauce to credit of div'd
fd.
Jan. 1
Total
Dividends
Rate of dividend
..
$620,021
$89,419
$671,676 $1,070,915
$61,597
$92,101
99.009
282,002
$89,419
$530,602
683,843
$159,606
$512,070
644,037
$374,103
$696,812
646,745
$1,214,145 $1,156,107 $1,343,557
570,408
509,362
576,866
4
4>a
4*3
Balance to credit of div'd fund Dec. 31 $644,037 $646,745 $766,691
-(V.43, p. 634;V.44, p. 274; V.45,p. 113;V.46, p. 253; V. 48, p. 249.)
morris. Leased April, 1871, to Lehigh Valley Railroad for 999
The lessees assume bonds and scrip, and pay 10 per cent pel
years.
annum on
pref. stock and 4 per cent on consul, stock. In 1889 the Lehigh Valley decided to cease operating the canal, which will probably
be used for water stpply. (8ee V. 48, p. 100, 159.)
Pennsylvania.. Worked in Interest of Pennsylvania RR, which
guarantees interest on bonds and owns $3,517,150 stock and $469,000
6s. Earnings in 1888, $326,960; net, $111,428; interest, $165,571;
In 1887. gross, $300,072; net, $75,322; Interest, $168,loss, $54,141.
571; deficit, $93,249
Schuylkill Navigation. Leased from June 1, 1870, to Philadel
phia 4 Reading for 999 years. All the bonds save those in the table were
exchanged under the Phil. 4 Reading reorganization plan, for bonds
of the P. 4 R. The report for 1886 (V. 44, p. 210) gave a statement of
the company 's relations to the P. 4 R. company and a history of Its
prosperity in former years. The loss to the R'-ading in 1886-87 was
$289,493: in 1885-86 was $477,614; loss in 1884-85, $444,292. (V.
44, p. 752, 782, 809 V. 45, p. 143, 573; V. 46, p. 219 V. 48, r. 209.)
;
;
Leased aud operated by Philadelphia 4 Reading
Railroad for interest on bonds and half of net earnings. All the bonds
save those in the table, were exchanged, under the Reading plan, for
P. 4 R. bonds, and iu 1889 rate of interest on State loan was reduced to
4 per cent, the P. 4 R. paying $147,500 back interest. Loss to Reading
in 1887-88 $103,167; in 1886-87, $135,159; in l5-6, $239,784
loss
Snsquehanna.
;
in
1884-85, $230,657- (V. 48, p. 190.)
MIS*
Adams
Express. No
i:i.l. \
MOOTS.
reports.
American Bell Telephone Co.
Dividends have been
In
1381, 6 per cent in 1882, 11 in 1883, 12 in 1884, 15 from 1885 to
1887, inclusive, 16; in 1888, 18; in 1889 to date, 9 quarterly, and 6
extra in July. There is to be issued $2,500,000 new stuck, one-half in
October, 188S, and balance In April, 1890. The annual report for 1888
Iu Chronicle, V. 48, p. 427. baa the following:
1898
1887.
1886.
Gross earnings
$3,865,118
$3,453,028
$3,097,000
Total net income
$2,436,463
$2,237,834
$1,973,350
1,192,152
Dividend, regular
1,176,252
1,176,252
;
;
Balance
Extra dividend
Reserve forlLStruments
Reserve for general dept
Surplus for year
Total mrplus Dec. 31
-(V.44,
p.
433; V.
46, p.
American Coal.
:
;
$1,244,311
$597,726
46,585
600,000
;
$1,061,582
$39S,081
132,616
$797,098
$392,084
117,754
$536,656
$281,260
$2,028,035
$2,028,035
$1,491,380
412; V. 47, p. 593; V. 48, 427, 530, 799.)
There are mortgage bonds for $200,000. The
annual report for 1889 iu V. 48, p. 367, gave the following information:
Income, 1888, $698,745; total expenses and Interest to Maroli, 1889,
$595,711; balance, $103,034, against $84,423 in 1888; dividends (6
per cent), $90,000; surplus, $13,034. (V. 44, p. 274; V. 46, p. 253;
V. 43, p. 367.)
American Cotton Oil Trust. This is a "Trust" formed to control a large proportion of the cotton seed oil mills of the United StatesThe Board of Management consists of nine trustees, of whom three are
elected each year. The title deeds of the several properties owned are
deposited with the trustees, who issue their trust certificates of $100
each, and these are dealt In at the Exchanges, lor the year euding
May 31, 1888, the net earnings were $2,020,445 over aud above $350,
July,
CANAL STOCKS AND BONDS.
18S9.J
MAP OF THE
14*
C
DELAWARE & HUDSON
CANAL COMPANY'S
h^~
4
CoteaxO
St.Jolin^
?Suttou
RAILROAD & CANAL SYSTEM.
A
Prescottl
3GDENSBURG
Beekniamowu^
*J|iF
.^#^'i
^-C
r-K
'
W.CHAZY
'a/o,
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.
Jc.
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U
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Ct ort Ipnt
^*^L^
HEssex June
''^''^
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^
St.Johnsbury^
*o
vS
3
Clifton
Montpelier
'
>
Jc. >
'
pELI ER
,*t
^Thei esa^c.
W
o>>?Philadelphia^^'jiyviUe
v"
ADIRC^NDACiK
^
j*^feftf?HfN
Po H enryfl-j
ifamnioiulvinec^ ^
rl
XCharthage
i\
jMiddlebury
>|
fl
"">< Wo
XZ"**.
^Leicester Jc.
EjALDWINsaWJTJCOND^ROGA
ttsford
Ifortlnsburg
White R.JuncO
o
i
Windsor
Transparent L,
**'/..
'",-
CALDWELL*'
,-ni.J
7Yeeo i.^SageTill^
Hadlejil
07"
<5i#
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>,i
V^y
FalhySTFT.
o|
<5ae
"""jg
u
111
-.-DRupert IS
xl Vytj^QEDWARO**^
/S.Londonderry
Glens)
Korthville cL
^
^Ludlow
J
I
,
^F
"t
#1
SaratogaS
8//,s 'o
**
*,
o*%.
/,
Brattteborol
South VfinoVill
^JTTROY
Cooperstown
New
!
K"S^'o'
Berlin
n<
Norwich
^
*<*-
%
)"^-
/
/
/
oPiattsvUIe
Hobart
_
Hunter
.
"l\e
Andes o
Valton
*<TH
(
v
.
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W^-
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CalskillV
^<
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Huntington^
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WestfieklP
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A
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fcft0
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8
^e!
RONDOU]
Hlllh Falls,
,A
*-.,.
_*****"
.Monricello
'EllenvillejfSUHUllit V.
Lacka**-'
*M>6
Port
*-
\
'Lire-
Sa^nc
A
Haven
(\Whlte
./Branch V.
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" kl "" <1
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Stroadob'KY
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146
INVESTORS'
SUPPLEMENT.
[Vol. XLJX.
Subscriber* will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Bonds -PrinciINTEREST OR DIVIDENDS.
Date Site, or
pal, When Due.
Amount
For explanation of column headings, Ac, see notes on
of
Par
Where Payable, and by Stocks Last
Outstanding
first page of tables.
Hoods Value.
Cen ,"'' Payable
whom.
Dividend.
,
American Ootton Oil Trust- Certificates
American Express Stock
Cahaba Coal Mining Stock...
1st mortgage sink, fuud ted. at 110
Cameron iron rf Coal Co
Canton Company Stock (44,300 shares)
Central <t Smith American Telegraph. Stock.
ISM
1,000
750,000
100
3,000.000
719,875
4,006.600
25,000,000
7,6.0.000
2,100,000
2,500,000
2.00H.000
3,832,000
10,000,000
3,499,000
4,700,000
1,000,000
10,000,000
2,500,000
16>*
Chicago Gas Trust Stock
Chic. Gas Light & Coke, 1st mort., g., guar
o
c
People's Gss Light & Coke, 1st mort., g., guar
2d mortgase. guar
...o
c*
Equitable Gas Light & Fuel, 1st mort., guar
c
Consumers' Gas, 1st mort., guar
Colorado Coal d Iron Stook
1st consul, mort.. gold, accum., sink. fd. not drawn.. c
Columbus <t Hocking Coal <* 7ron Co. Stock
lstM.,g.,s.rd (13,351 a< r's l'd,min's
Commercial Cable Slock
Consolidated Electric Light Stock
$100 $42,185,228
100
18,000.000
100
1,100 001
i b'd'gs)
not drn.o'
100
100
18*7
1874
1874
1885
1886
1,000
1880
1.000
1*87
1,000
500
500
1,000
1,000
100
100
Too
Debenture bonds
,
Debentures for $3,000,000
Detroit Mack. & Marquette Land Co.
Edison hleettic Illuminating Stock
Equitable Gas Light Co of
Too
1872
1.000
100
1881 500 &o
1878
1,000
r 1888
1,000
M. (Inc.), red. at 100. r 1881
1,000
New York Stook
ioo
Bonds
1,000
Certificates of indebtedness, red. in
Cold <t Stock Tel. -Stock, rental guar.
Bonds, not mortgage
1886
1891
6% 99 yrs.W.Un.Tel.
...c
'ioo
500
931 spent for betterments, repairs, Ac. No balance sheet is published
Dividends of 1 per cent quarterly for the year 1887-88 were
declared, but in Oct., 1887, the company announced that dividends
would be suspended. N. Y. Office, 45 Broadwav, N. Y. (V. 45, p. 25,
538. 564, 696; V. 46, p. 829; V. 47, p. 139; V. 48, p. 854.)
American Express. Dividends of 6 per cent yearly have been
paid since 1879.
American Telegraph dc Cable Co. Owns two cables between
Sennon Cove, England, and Dover Bay, Nova Scotia. Cables leased to
Western Union till 1932, with a guaranty of 5 per cent per annum on
the stock Issued- $14,000,000.
Cahaba Coal mining. Owns 25,605 acres of coal and Iron lands
in Bibb, Shelby and Jefferson counties, Alabama, with six mines in
operation; also 16 miles of standard gauge railroad, fully equipped,
connecting its mines and mining town Blocton with the Al. Gt. So. and
Louis. <s Nash. KK. The application to the Stock Exchange for the listing
of the above securities was given in full in Chronicle, V. 47,p. 441.
Cameron Iron Coal Co. This company was organized In 1886.
The lands and propetty are near Emporium, Pa., and formerly belonged
to the Cameron Coal Co. Nicholas C. Miller. President. N. Y.
&
Canton (Improvement) Company
(Bait.)
The
capital stock,
became prac-
A
N. Y., 45 Broadwav.
J. N.Y., Co.'s Office, 65 B'y
J
A
J.
1\
5g.
2*
6.
N.
Y, Farmers'
Aug.
July
Jam
L. ATr.i
New York Office.
A J. N.Y., Central Tr. Co.
A N. N.Y., Cent.Tr.& Lond'n.
A D.
do
do
A J.|N.Y.,Cen.TT.4Chlc. Of.
A D Chlcago.Unlon Nat. Bk.
A A. N. Y., Chase Nat. Bank.
J.
.
,
J.
J.
J.
'eg.
F.
eg.
J.
k" J.
N. Y., Central Trust
1887
1889
1.
2,
1,1*907
July 6. 1889
June 20, 1889
July 1, 1937
Nov. 1, 1901
Deo. 1, 1904
July 1, 1905
June 1, 1936
0,-j.
2
Co
Feb.
1,
19O0
Jan.
1,
1917
'*"
6
291.400
10,250,000
1,100,000
35,430.060
658.000
610,000
1,000,000
4.2 10,000
1,500,000
4,000,000
1,000,000
750,000
5,000,000
500,000
....c
Consolidation Coal of Maryland Stock
1st mort., consolidated, convertible Into stook at par...o
Consolidated Cos (N.Y.)- Stook
1st mort., Metropolitan Gaslight Co
c*
1st mort Knickerbocker Gaslight Co. sink, fund
c*
J.
21*
6
2*3
6
6
5
7
2
2
6
6
1!S
6
Julv 1, 1889
Q.-J.
J. 4 J N.Y.,Am, Ex-h. Nat.BU
1892-95
N.Y., Co.'s Office, 71 By Jan. 31, 1889
J. 'i"*J.
do
do
Jan. 1. 1897
J. A D. N.Y., Office,4 Irving PI. June 15, 1889
F. A A.
do
do
Aug 1, 1901
J. * D.
do
do
June 1, 1898
M. & N.
do
do
May 1, 1908
A. & O.
Oct. 1, 1911
N. Y. Office, 16 Broad st Mav 2, 1889
=$: N.Y. Office, 340 3d Av. July 15, 1889
F. A A. N. Y., Central Trust Co. Aug. 1, 1899
J. * D. N.Y., Office 340 *d Ave.
1896
Q.-J. N. Y., West. Union Tel.
July. 1889
M. <fe N.
do
do
May 1. 1895
Columbusdc Hocking
Coal Ac Iron Co. Organized at Columbus ,
O., Jan. 26, 1883. Tue Central Tr. Co. of N.
is trustee of the mortgage.
After
1, 1888, two cents on every ton of coal from the mortgaged
Y
May
premises goes to a sinking fund bonds tendered may be purchased at
not above 105. Car trust notes Mch. 31, 1889, $154,440. The company
owns large coal and Iron properties, with extensive works thereon, in
Ohio, and a full description of these was published In the Chhoniclb
of Feb. 26, 1887, V. 44, p. 278. In flsoal year ending March 31, 1888,
gross earnings were $1,346,333; net, $191,912; surplu* over interest
and improvements, $110,196. In 1888-9 gross earnings, $1,155,842;
net, $109,774
surplus over interest, taxes and improvement, $26,205,
Mr. J. O. Moss, President, 45 Broadway, New York. (V. 46, p. 172, 573,
737.)
Commercial Cable Co. This is popularly known as the Mackay
Bennett Cable Company In September, 1887, the stock was raised to
$6,000,000, and in October, 1888, to $10,000,000.
Consolidated Electric Light. For statement made to N. Y.
Stock Exchange on listing stock, see Chronicle, V. 48, p. 428. (V. 48.
p. 420, 428.)
Consolidated Gas of
York. This company was organized
Nov. 11, 1884, under chapter 367, laws of New York, 1884. The companies merged in it were the New York Gaslight, the Municipal Gaslight.the Metropolitan Gaslight, the Manhattan Gaslight, the Knickerbocker Gaslight and the Harlem Gaslight. The total stock was $39,078,000, of whioh $3,647,940 was reserved for working oapital and
for indebtedness of old companies. (V. 46, p. 418,537.)
Consolidation Coal. Annual report .'or 1888 was in V.48, p. 221.
The gross receipts from mines, railroads, rents, 1887.
1888.
Ac. (incl'gvalueof st'okof ooalonhand), were. $2,373,083 $2,709,234
;
;
New
by changes made subsequent to the original issue,
tically only $16 25 par per share, and was reduced by purohase
and cancellation to 44,300 ihares. The Union RR sinking fund of
$918,703 remains the property of Carton Co., and is held by the trustees till bonds have teen paid off at maturity. In May, 1889, a move
was made to have the property closed out for the benefit of the owners.
Bee Chronicle, May 25.
(V. 47. p. 20 V. 48, p. 687, 799.)
Centra] Ac South Am. Telegraph. Line from Vera Cruz, Mexico.
to Chorrillos, Peru, with branches, 3,100 miles of cable and 335 miles of
Net receipts
land lines. Completed November, 1882. Connects at Lima with West
$423,829
$482,118
Coast Tel. Co. of America, having 1.700 miles of cable to Valparaiso,
The int. and sink. fd. in 1 888 took $190,929; balance, surplus, $291,188;
and at Vera Cruz with Mexican Telegraph Co. Stock is $5,000,000; no B. & O. RR. owns $3,810,000 stock.
bonds. New cable from Galveston to Coatzaroales wash itl inl888. The
This company guarantees also 2d inortg. bonds of the Cumberland A
cost to this Co.. about $t0,000, heingout of surp. earnings. In 1888 Pennsylvania RK.. whioh it owns, and assumes $55,000 of the Union
gross earnings were $538,730 net, $405,467 surp. overdiv's (6 p. c.i, Mining Co.'s bonds. Total bonded debt on lands and railroads is $2,Si 35,022. James A. Scrymser, Pres't, N. Y. (V. 44, p. 274; V. 46, p. 258.500. Dividends since 1880 have been: For 1881, 2 percent; for
804; V. 47, p. 801.)
1882 and 1H83, nil; for 18S4 and 1885, 1 for 1886, %; for 1887, l>s;
Chicago Gas Trust. -This Co. was incorporate in '87 to acquire for 1388, 2>4. (V. 44, p. 210; V, 46, p. 253 V. 48, p. 221.)
:
;
;
;
;
I
control of gas properties in Chicago. It owns $14,887,625 of the $14,984,200 stock c f the companies whose bonds, guaranteed piim ipal and
interest by the Trust, are given in the table above, and this slock is deposited with the Fidelity Tr. A Safe Dep. Co. of Phila. as security for the
guarantee. Throughits ntei est in said companies it also contr^ Is all t>ut
$1" ,800 of the $1,7' 0,000 stock of four small r com panics which have
outstand ng the lollowing bonds: Lake Gas Co., $300,000 1st mort.
6s; Hyde Park Gas Co., $200,000 1st mort. 6s; and 111. Light Heat and
Power Co., $200,000 1st mort. 7s, these last are guaranteed by the
People's Co., b it not by the Trust. In 1887 the eight companies sold
2,660,236 thousand cubic feet of gas; their gross receipts were $3,2'28.480, andnetreceipts,$l,^84,ltil ; flxedcharges, $1,035,100. In 1888
the eight companies sold 2.665,743 thousand cubic feet gas and the
gross receipts were $3,437,395; net, $1,8^6,652; sui plus over fixed
charges, $-61, f 52. See application in tull to N. Y. Stock Exchange for
listing the above securities in Chronic le, V. 47, p. 746. (V. 48, p. 686.)
Colorado Coal Ac Iron. tSee Map.) This oompany, with headquarters at Colorado Springs, Col., Is a large owner of o< al and i on
property and of laud and town sites around South Pueblo. Stook is
non-assessable. In Nov., 1887, a decision in regard to certain land titles
was male by the U. 8. Supreme court, in favor of tnis company.
An abstract of the report of 1888 was In V. 48, p. 398.
KAKSINliS AND EXPENSES.
-1887.-1888.
Detroit
Mackinac Ac Marquette Land Grant Bonds. Owns
about 1,300,000 acres of land in Northern Michigan, along the line of
the D. M. A M. RR., winch road was soldin fo eclosure Oct. 20, 1886. The
land grant bonds retained their lien upon the lands covered by their
mortgage. The bo dholders received a bonus of 35 per cent in common stock of the Duluth South 8hore A Atlantic RR. Co. in Maroh,
1888. Lands are free from taxation till 1895. Jas. McMillan, Detroit,
President.
(V. 46, p. 320, 573.)
Edison Electric Illuminating. Equitable Gas Light Co. -Incorporated March
Owns
9, 1882.
three blot ks between 39th and 42d St., First Ave. and East River also
lots between 58th and 59th 8ts and 10th and 11th Aves Total assets,
Jan. 1, 1889, $6,1*5,870, including mains about 114 miles, gas works
valued at $2,501,952, real estate at $1,190,922. In 1888 9 $1,000,000
new stock was issued. (V. 48, p. 129.)
Gold A- Stock Telegraph Co. Operated by West. U. T. Co. b5 contract for 99 years from J an. 1 .'82, at 6 p. 0. per annum on stock and bonds.
International Ocean Telegraph Co. The Western Union Co.
operates the line oy contract for 99 years from Jan 1, 1882, paying 6
per cent per year on stock, of which it owns $1,623,100.
Iron Steamboat Co. Property consists of seven iron steamboats.
Dividends since 880 : In 188 5 per cent in 1882 to 1884 inclusive,
nil in 1885 and 1886. 3 in 1887, 2s in 1888 and since, nil. In year
net, $1,402,
ending Sept. 30, 1888, gross receipts were $308,429
Gross
Net
Gross
Net
Earnings. Earnings. Earnings. Earnings. against $30,017 in 1 886-87. (V. 4 ', p. 642 ; V. 47, p. 555.)
Coal & coke department. $1,391,057 $323.5.- 1 $1,310,917 $211,533
Lehigh Ac \V ii kesbarre Coal. This company is controlled by the
Iron and steel dep't
1,3P.:49
790.528 loss 5,834 Central RR. of New Jersey througl ownership of a majority of the stock,
209,410
Real estate dep't
29,143
9,350
19,192
12,239 also $6,116,000 of the consol. mortgage bonds and $2,353,000 of the
Miscellaneous earn'gs. . . .
6,527
6,526
75,984
75,984 income bonds. Stock is $9,225,000 ; past due coupons of consols held
A sinking fund for the redemption at
by Central N.J ,$3,201,987.
Total
$2,818,876 $548,581 $2,212,e23 $293,922 luaturi'y of the I onds due 1912 is provided from sales of surfaoe lands
of
10
for
and
from
cents
each ton of coal mined on property
payment
INCOME ACCOUNT.
included in the first lien.
1886.
1887.
1888.
The annual report for 1888 was in V.48, p. 290, and showed total reNet earnings
$333,611 $548,581 $29.i.922 ceints, $9,950,636; net over operating expenses. $1,986,522; Interest
Add Income from investments, <fco
8,650
4,433
6,'22'.i
and sinking fin ds, $I,040,678.-(V. 46. p. 227, 537; V. 47, p. 21, 108,
2^7. 3 ->3. 172,49-.-; V. 48, p 290.562,800.)
Total
$342,261 $553,014 $300,119
Mariposa Land Ac Mining. Owns mines in California. There
Less interest on bonds
$-'09,940 $:09.940 $209,940
only 15,000 shares, the balance being owned by Co.
Less premiums, Ao
780
15,707 are outstanding
Litigation has been ir progressmany yrs. and nothing done on the estate.
;
32
1
;
1 ,
;
;
;
;
$^09/40 $210,720 $225,647
$132,321 $ 42,294
Burplug
$74,502
Tn the real estate department the earnings are wholly from rentals of
houses, lands. Ac, containing no receipts from land sales. The receipts
from land sales in 1688 ere $128,341. -gainst $26,010 in 1887. E.J.
Berwl"d, PreVt. Office in N. Y., 35 Wall st. (V. 44, p. 400; V. 46, p.
886
;
V. 48, p. 189,
398,
462.)
$5,000,000 prof, ami $10,0 J0.0O0 com.
Controls 6,000 acres of land In Allegany and
Garrett counties. v(d. In 1888 produced 340,866 tons of ooal, an InIn 1888 net earnings over expenses
crease of 24,3*8 over 1887.
and taxes were $08,188.
maxwell Land ),rant Co. -Owns 1.700,000 acres in Colorado
and New Mexico containing coal, timber and land tit for grazing
St
tli.
Maryland Coal Co.
July, 1S89
1
MISCELLANEOUS STOCKS AND BONDS.
i4r
148
INVESTORS' SUPPLEMENT.
fVoL.
XDX
Subscribers will confer a great favor by giving Immediate notice of nn j error discovered In these Tables.
DESCRIPTION.
Date
Fjt explanation of ooluuin headings, Ac., see notes on
page of tables.
Internat'l Ocean Telegraph
Stock, 6
% 99 yre., W.
first
of
Bondn
Union.
Bin, or
Par
Rate pel When Where Payable, and by
Value. Outstanding
Cent,
whom.
Payable
Iioe
100
500
Lull. Coal A Nav. M.,g.. assumed 1367 500 AC.
Mort. convert., gold, assumed 1 till 500 Ac.
200
o 1874
Sterling loan, sinking fund, drawn at 100
Consol. mort. ($6,116,000 Income held by Cent. N. J.)..o 1875
1.000
o
Sundry real estate mortgages
Ss of 1912, cumulative sinking fund (not drawn)
o 1888
1,000
Income "B" bonds not cum. held by Cent. N. J
Land
<*
bonds
1875
Mariposa
1,000
Mining Mortgage
100
Maryland Coal Stock, last dividend paid In 1876
l.OOO
lstm., drawn at 100 (sink, f'd has retired$l05,000)..c*
Maxwell Ld. Gr.-Pr'rllenbds,g.,red.at 100(orll0atiuat.)o 1 888
500
Metropolitan Tel. dTclcg. Co. -1st M.,g.,s.f. (notdr'n) .cr 1SH
1,000
Mexican Telegraph Swot
100
Minnesota Iron Co. Stock
100
New Central Coa I Stock
100
-Veic England Terminal 1st mort.. $800,000, gold
c* 1889
1,000
JT. r. Mutual Tel.
1st m., g., gu.by W.U..s.f ,1 p.c.not d'u.e 1881
1,000
New York <t Perry Coal <* Iron Co. Stock
100
New York* Texat Land t Limited) Stoci.
50
Land scrip receivable 75 per cent for lands
Northwestern Tel. Stock, 4 rising to 6p. c, guar. West, Un.
"3b
1st mort., sink, fund, bonds not drawn, interest guar,.c* 1874
500
100
Oregon Improvement Co. Stock, common
Preferred stock, 7per cent, non- cumulative
100
1st M., g.. s.f. 1 p.o.y'rly, red.it 100, if not purch.at 106.C 13X0
1,000
Pacific Mail Steamship Stock
100
Pennsylvania Coal Stook
50
50
Philadelphia Company (Natural Gas) Stock
IstM. for $2,500,000, cfd. $250,000 y'rly, not dr-n.-.c* 1888
1,000
Postal Telegraph Cable Co. Stock
iron Steamboat
Company Stock
Bonds
Lehigh 4 Wilketbarre Coal
do
do
c
1831
INTEREST OR DIVIDENDS.
Amount
|3,000.<>i Ri
2.000.000
500,000
500.000
673,000
1,504,000
11,500,000
632,358
2,837,000
2,353,000
250.000
4,400,000
115,000
li
2*
6 g.
6
7
6
5
A J. N. Y.. First Nat. Bank.
A D. Phil.,Lh.OoalANavOo
M. 4 8.
do
do
M. A N. New York A London.
do
U..-M.
J.
J.
M.AN.
J. "i"j.
7
2,500,01
2,000,000
1,434,400
14,000,000
5,000.000
5
<)
6
2,500.000
3,000,000
1,500,000
980,30)
2,500,000
1,180,000
7.000.000
1,794,100
5,000,000
20,000.000
5.000,000
7,500,000
1,?00,000
5,000.000
Q.-J. N. Y., West. Union Tel
2>s
6
g.
2>>
i"
6g.
e
7
1
3>4
6.
4
2
6
RAILROAD STOCKS AND BONDS.
Ji-ly, 1889]
149
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRrPTION.
INTEREST OR DIVIDENDS.
Date Size, or
Amount Rate
of
Par
of column
&o., see notes on first
When
For explanation
headings,
page of
Bonds Value.
tables.
Poughkeepsie Bridge. 1st mort., gold, for $5,000,000. ..o* 1886
Pullman Palace Oar Stock
1872
Bonds, 4th series
Quicksilver Mining Common stock
Preferred 7 per cent stock, not cumulative
let pf.st'k,gu.Mo.Pac.and Wab.J
St. Louis B'dqc it Tun.RR.
2d preferred stock, guar
1st mortgage
Tunnel RR. of 8t. Louis, stock, guar
....
o|
Southern <t Atlantic Telegraph Stock (guar. 5 per cent.)
Sterling Iron <& Railway. Stock
c
Mortgage bonds, income, series "B"
c
Plain income bonds
8terlmg Mountain Railway. 1st mort. Income guar. . .
Sutro Tunnel Mortgage income bonds
rii. Coall.dRR. Co. Stock, ($1,000,000 is pf. 8% cum.)
c*
Pratt Coal A Iron Co., Ala., 1st mort., s. f.,notdr'n
fc
Alice Furnace Co., Ala., 1st bonds
o
Birm'ni, Ala., Div.,eons. M., g. s. f. 1 p. c. not drawn.. o*
Tennessee Div. bonds, gold, s.f. l's p. c. yearly.not dr'n c*
Texas Pac. Land rr(.-''Certiflcates of proprietary int."
1879
$1,000
100
1,000
100
100
100
100
1,000
"25
50
1880
1876
1881
1889
18*83
1882
1887
1887
500 Ac
1,000
1,000
Yob
1,000
l.ooo
1,000
1,000
100
United Lines Telegraph
1st mortgage (subject to old lien
2d mortgage (for $3,600,000)...
of $300,000)
Stock
Wells, Fargo <& Company Express Stock
Western Union Telegraph Stock
Real estate bds.,g.,(lien onW.U.Bldg.,N.Y.C.) s.f. (not dr.)
c Ar
Debentures, drawD, but surrender optional
c
Debentures, sinking fund 1 p. ot., drawn at 100
c*
Collateral Trust bonds
Whitebreast Fuel Stock
Gen.M., (now 1st) g.. s. f., $30,000. dr'n at 110. ..c* A r)
$5,000,000
25,000,000
820.000
5,708,700
4,291,300
2,490,000
3,000,000
5,000,000
1,250,000
948,875
2,300,000
418,000
495,575
475,674
<>
<)
100
100
100
1872
1875
1875
1888
1,000
1,000
1888
1,000
100&o
1.000
100
per
Cent.
10,000,000
6,250,000
86,200,000
1,325,000
4,920,000
i60,893
7, S 00,000
1,300.000
600.000
Payable
F.
S*
AA
Q.-F.
8
40c.
l's
A.
3
Us
v-
J.
2H
A.
"7
A
O.
A J
A J
A O
A J
A O.
Feb. 1
6
Feb'l
7
4
10,000,000 4 on pref
7
715,000
7
300,000
6 g.
3,460,000
1,233,200
6g8,761,731
1,200,000
1885
United States Express
Outstanding
6
,4,5
1*4
.
J.
&"j.
M.
A
A
A
A
A.
J.
A.
N.
O.
J.
O.
BANK, GAS, INSURANCE AND CITY RAILROAD STOCKS.
IS
BANK STOCK
INSURANCE STOCK
LIST.
Dividends.
Surplus
COMPANIES.
Amount
dates."
Period. 1887. 1888.
f
100 3,000,000 1.9 <5.600 J. A J,
100 5,000,000 1,583.400 M. A N.
40,800
Bk.ofDep'sit ioo; 300,000
lOO! 250,001
397,600,J. A J.
Bowery*
Broaitway .. 25 1,000,00* 1.603.700J. A J.
Butch's'ADr 25 300,000 287.800, J. A J.
100 2.000,000 556.600IJ.
Oentral...
100 500.000 652,1100 J.
Ohase
25 450,000 563.800 O, J.
Chatham...
Chemical .. 100 300,0005.864.8001 Bi-m'ly.
25 600,000! 387.300 J. A J.
CStlsena'
100 1,000,000 2,250,500 M. AN.
City
6,500
200,000
Clinton*
76.4O0
200.000
Columbia"
Commerce 100 5,000,000 3,304,300 J. A J.
56,200 J. A J.
300,000
Commercial.
273,600 J. A J
Continental. ioo 1 ,000.000
ioo
F. A A.
Exch.*.
1,116.200
1,000,000
Corn
25 250,000 134,900 J. A J.
East River
Side*..
East
100,000 227,0i0
100,000 141.400 j.'a'j
11th Ward*
250,000
51,500
Emp. State*
ioo 150,000 263,000 J. A J
FlfUi
100.000 731,300
Fifth Ave*.. ioo
100
First
500,000 6,100.700
fi>
100 8,200,000 1,486,000'J.
A J
Fourth
14th Street* LOO 100,000
54,300
SO
A.
A O.
Gallatin ....
1,000,000 1,338.900
600
Gansevoort*
200,001'
Gartleld .... '50
200,000 259,600
Geriu'nAni.* 75
750,000 219.900 F. A A.
Germ'n Ex.* 100 200,000 386,000 May.
Germanla* 100 200,000 361.600 M. A N.
Breenwioh*. 25 200,000 100.900 M. A N.
Hamilton*..
150,000
59,100..
Harlem*
8,100..
100,000
100 1,000,000 l,175,700;j. A J.
Hanover
Home*
66,000
100,000
Homestead*
loo.ooo
Hud. Ri\ er*. 1G0 200,000 110.300
Imp. A Trad. 100 1,500,000 1,408,000 J. A J.
50 500,000 282,700 J. A J.
Irving
Leather Mfr. 100 600,000 517,300 J. A J.
Lenox Hill*.
5,100
100,000
ioo 300.000 224.300
Lincoln
Madis'n Sq .* ioo 200,000
A J
18,900
AA
Manhattan * 50 2,050.000 1,261,200
A J.
Mkt 4 Fult. 100 750,000 684,100
America'
Latest.
May,
12
16
12
16
8
8
8
8
6
6
12
150
12
100
7
15
7
15
. .
I
. .
I
7
7
10
10
8
s
M
.
7%
8
10
Amount.
Surplus,
Jan. 1,
1889.'
$
9
July. '89. 8
July, '89. 4
July, '89. 3>s
July, '89. 3
July.'SO. 3
July, '89.25
July, '89 3>a
May,*89.10
July, '89. 3
July, '89. 4
July, '89. 3
July, '89. 3
Feb., '89. 5
July, '89. 4
T
10
July, '89.25
July, '89. 3"
Apr., '89. 5
Alliance ..
1,000
American'... 50
25
Bowery
200,000
400,000
Broadway...
200,8
00,000
.
25
Cltiieus' ... t 20
70
City
C'uini'nw'th' 100
Continental t 100
40
Eagle
Empire City. 100
30
Exchange
50
Farragut
Fire Ass'n... 100
Firemen's
17
German Am 100
Germanla..
50
Globe
50
Greenwich
25
Guardian
100
Hamilton..
15
Hanover
50
Home
100
Jefferson. ..t 30
20
Kings Co.(J)
Knick'bock'r 30
50
Lafayette (!)
80
Liberty
50
Longlsl.C)
Man. A Build. 100
.
6
1;
12
10
|
6
8
6
Feb.. '89
May,
May,
May,
3
'89. 12
'89. 5
'89. 3
. . .
.
.
May,
'89.
3
3
July, '89. 7
July, '89. 4
July, '89. 5
8
Jan., '87.
Feb., '89.
July. '89.
July, '89.
July, '89.
July, '89.
July, '89.
Jan., '89.
June,'?9.
July, '89.
Jan., '89.
7
8
8
9-s
6
7
6
8
6
16
8
May,
8
10
8
6
6
7
7
10
'89.
200,000
200,000
200,000
150,000
,000,000
,000,000
200,010
150,000
210,000
150,000
800,000
300,000
200,000
200,000
200,000
210,000
200,000
500,000
350,000
200,000
200,000
200,000
150,000
.
Niagara
North River.
Park
People's
Prudential
Rutgers'
Standard
..
..
.
3
Stuyvesant..
Unlt'd States
Westchester.
3>
Wms'bg
4
204, (KM)
,000,000
,000,000
National
37*4
N.Y.Eq'table 35
N.Y. Fire.-.. 100
Phenlx(J)
14
300,000
200,000
200,010
200,000
300,000
50
C.(!)
50
25
25
100
50
20
50
100
25
50
25
25
10
50
,000,000
200,000
200,000
200,000
200,000
250,000
300,000
250,000
6
8
8
10
8
8
8
10
10
5
6
5
7
8
6*4
5
3
3*4
3
*
Over
293,d:''J
650
6*4
150. 619
6*4
8
8
8
2
,226.692 15-40 15-40 1245
676,534 15
15
10
80,407 6
7
6lf
100.543 7
7
7
75.001 10
10
10
72,511
8
42,673 8
7"
8
,243,986 15
20
80
726,44. 10
10
10
10
10
100,027 10
10
10
415,742 10
3
38,391 6
10
73,594 10
8
10
10
46i,554 10
10
10
.502,462
10
10
244.408 10
10
20
16
167,451 20
94,397 6
8
8
22,087 8
115,408
5.553 7
8
8
119,789 8
178,262 10
10
71.880 a
8
296,873 12
11
56.212 8
8
10
379,540 10
8
34,120 8
12
310,070 12
138 10
8*4
39,192 10
10
212,336 12
12
10
193,929 10
13,165
10
156,915 10
10
130.236 7
7
7
8
53,186 10
a
11
11
268,002 10
10
10
314,859 10
20
20
611,004 20
all liabilities,
4
4
||
July, "89. 3
July/89. 4
July, '89. 5
May, '89. 2
July, '89. 4
July, '89. 5
July, '89. 3
Apr., '89. 2
July, '89. 3*4
July, '89.
July. '89.
Julv,'89.
July, '89.
July. '89.
July, '89.
5
6
10
8
8
8
May,
3
3
3
5
4
'89.
4
3
5*4 July, '89. 2*4
6 July. '89. 3
July, '89. 2
Amount.
10
July, '89.
5
1889, for State banks.
Period.
CITY HORSE RAILROAD STOCKS
2
25 2,000,000 Various
Brooklyn Gas-Light
20 1,200,000; Various
Citizens' Gas-Light (Brooklyn)
Bonds
1,000 250.000 A. A O.
100 35430000 J. A D.
Consolidated Gas
20 756,000' Quar.
Jersey City A Hoboken
1,000 658,000 F. A A.
Metropolitan Bonds
100 3,500,000 J. A J.
Mutual (N.Y.)
Bonds
1,000 1,500,000 M. A N.
25 1,000,000 Q.-J.
Nassau (Brooklyn)
Var's.
700,000 M. A N.
Scrip
10 1,000,000, Quar.
People's (Brooklyn)
Bonds
1.000 400,000' M. A N.
Bonds
Var's.
100,000 A. A O.
50 1,000.000! Quar.
Wllllaiusburgh
Bonds
1,000 1,000,000 A. A O.
100 1,000,00c J. A J.
Metropolitan (Brooklyn)
Bonds
Municipal
1,000 750.000! M. A N.
Fulton Municipal
100 3,000,000' Q.-J.
Bonds
300,000 J. A J.
100 3,000,000
Equitable
2
A.
8
1
l.OOO l.i'On.onn
F.
*
4
5
89. 3
89. 6
'87.
'89.
3*4
3
AND BONDS.
Dividends and Interest.
Amount.
Par.
Date.
Period.
*
Atlantic
Bonds
Avenue (Brooklyn)..
50
St.
June, 1889
1700,000 Q'rt'rly.
500.000
900,000 J. A J.
1,000 700,000 J. A J.
Stock.
100j2, 100,000 Q,
1st mortgage
1,000 1, 500,000
2d mortgage
1,000 500,000
Broadway Surface Bonds
1,0001 000,001
Bonds
1,000 1 500,000
100 525.000
Broadway (Brooklyn)
1st mortgage
1,000 250,000
2d mortgage
1,000; 100.000
1013 200,000 Q. F.
Brooklyn City Stock
1st mortgage
1,000 800,000 J. A J,
A
Newtown
100
1 000,000
Brooklyn City
1st mortgage
400,000
1,000
Crosstown
stock.
100
500,000 A. A O.
Brooklyn
1st mortgage bonds
1,000 200,000 J. A J.
100 500,000 Q.-F.
Bushwick Av. (Brooklyn) Stk
1st mortgage
1,000! 400.000 J. A J.
Crosstown
100 600.0001 Q.-^T.
Central
Stock.
1st mortgage
1,000 250.000M. A N.
N.
A E. Rlv. Stock
1001 800,000
Cent. Park
Co n sol. mortgage bonds
1,00011 200.000
2d mortgage
1.000 300,000
100 650,000
Christopher A 10th St. Stock.
Bonds
1,000; 100,000
100! 500,000
Coney Island A Brooklyn
3d mortgage
l.OOOi
75,000
Consolidated
1,000, 125,000
100 1 200,000
D. D. E. B. A Battery Stock..
500 Ac 900,000
1st mortgage, consol
100 1 200,000
Scrip
100 1 OOO.OOO
Eighth Avenue Stock
A Fult. F.
1st mortgage
A
Broadway 7th Ave.
Bleecker
1885 A '94
July, 1889
July, 1900
July, 1889
1,000
Stock.
100
**
interest.
Date.
Scrip
1
'89.
'89.
89. 6
Juv, 89. 3
May, 89. 6
Juiy. 89. 5
July, '89 3*4
Jan., '81. 3
July, '89. 6
Feb., 89. 5
July, 89.10
June. 1904
1914
1905
l'."24
July, 1889
1-89
1889
July, 1888
Jan., 1902
1890
Apr., 1889
l:t08
July, 1889
1902
July, 1889
Nov., 1922
.
8,
'89. 5
'89. 4
May, 89 1001
Feb..
July,
Apr.,
Julv.
July,
Julv,
July,
. .
10
3
89. 1*4
'89.
including re-insuranoe, capital and sorip.
i
Konris
Jan.,
July,
July,
July,
!
Dividends and
Par.
Men. ,'89. 6
July. '89. 6
July. 87. 8
July, '89. 3
Brooklyn.
In liquidation.
(J)
LOCAL GAS COMPANIES' STOCKS AND BONDS
Gas Companies.
July, 89. 5
July, 89. 4
July. '89. 5
July, '89. 3
Feb., '89. 4
Jan., '89. 6
July, '89. 7
Apr., '89. 5
July, '89. 8
Feb., '89. 3*4
July, '80. 5
Jan., '89. 5
July, '89. 3
July. '89 10
July. '89. 5
July, '89. 5
July, '89. 5
Jan., '87. 3
July, 89. 3
July, '89. 5
July, 89. 5
Surplus includes scrip.
t
5
3
'July, '89. 5
July, '89. 4
Feb., '89. 3
July, '89. 3*4
6
8
6
10
10
12
Last Paid.
4
Railroads.
10
10
12
12
97,122
,000,000
.
Peter Cooper
10
:
.
Dividends.
1886. 1887. 1888.
58,458
518,888 10
119,1.69 12
218.736 12
M"
210,000
500,000
. .
Pacific
July, '89. 3ia
300
. .
Nassau(I)
.
t
60
40
.
These are not National banks.
Mav 13, 1889, for National banks and June
Jily/89. 6
July, '89. 3
25 2,000,000 1.704.800
A J
Mech. ATr* 25 200,000 213,700
*
ft
Mercantile.. 100 1,000,000 710,600
A
50 2,000,000 845,100
Merchants'
A
Meroh. Ex.. 50 600,000 124,700
A
Metropolis *. 100 300,000 474.400
A
Mt. Morris*. 100 100,000 221,300
Murr'y Hill* 50 100,000 291,100
100 500,000 182,700 M. A N
Hassan*...
N. Anist'm
23,900
250,000
A J
New \ or* ioo 2,000,000 1,633,000
A J
U. Y. County 100 200,000 142,800
AA
N.Y.N. Ex. 100 300,000 127,400
A J
Ninth
100 750,000 302,900
Nlne'thW'd
19,200
100,000
N. America' "to 700,000 491,500 J. A J
North Rlv'r* 30 240,000 127.600 J. A J
Oriental*... 25
300,000 376,600 J. A J
Pacific ...
50 422,700 334,200 Q.-F
100 2,000,000 1,695,700 J. A J
Park
251 200,000
250.300 J. A J
People's* . .
20' 1,000,000
Phenix
569,000 J. A J
Exch.'
100
Prod.
148,400 A. A O
1,000,000
864,700 J. A J
Kepulillo... 100 1,500,000
Elver Side* ....I 100,000
4,500
St. Nicholas' 100
500,000 207,600 J. A
Seaboard.. 100 500,000
136,300 J. A
100 300,000
Seventh
77,300 J. A
100 300,000 227,000 J. A
Second
ShoeAL'thr 100 500,000 234.500 J. A
100 200,000
Blxth
73,000 J. A
State of N.Y* 100 1,200,000
472,400 M. A N.
Third
100 1,000,000 279,200 J. A J.
Tradesmens 40|1,000,000 240,500 J. A J.
Twelf.Ward"
200,000
51,400
23d Ward*..
4,400
100,000
Union Sq.*..
200,000
31,500
U. States ... 100
500,000 505,700
100 3,500,000 183,900
Western
10(
West Side'
200,000 231,500 J. A J.
*
34
'89.
JuYy/89.'
. .
Mechanics'
4
July, '89.
.
Am. Exch
.
Par.
LIST.
Net
Capital.
Companies.
at latest
Par,
Vol. XL1X.]
3i May 1, '89
2*2 Jan. 1, *89
5
1895-1905
2 is Junel5,'S9
213 April 1, '89
6
2
6
1*4
1901
July 10/89
1902
July 1/89
24 May 1, '89
14 Junel5,'89
5
6
2
6
3
34
ft
8
Optton Co.
1897
July 22.'89
1899
July 1, '89
1899
July 15/89
1899
July 15,'e9
IMA
42d A Grand St. Ferry Stock.
1st mortgage
42d St. Man. A St. Nlch. Ave..
1st mortgage
2d mortgage income
Grand St. A Newtown (Bk'lyn)
1st mortgage
Houst. W. St. A Pav. F"y-8tk.
1st mortgage
Ninth Avenue
Second Avenue Stock ....
1st mortgage
Sixth
1st
Avenue Stock
mortgage
Third Avenue
Stock
Bonds
Twenty-Third Street
1st mortgage
Debenture
*
Stock.
. .
7
5
2
6
3
A N.
A O.
A 8.
1,0001 ,600,000|J. A J.
100 170,000
1,000| 175.000 F. A A.
100 250,000 Q. F.
500 500,000 J. A J.
100; 800,000
100 1 ,S62,000;j. A J.
1,000,1 000,000, M. A N.
1001 .500,000 Q F.
i,ooo| 500,000 J. A J.
10012 000,000 Various
1,000 ,000.000 J. A J.
100 600,000;
1,000 250,000;M. A N.
,
150.0001
I
'
7
G
100
1887
Dec. 1902
2
lOOil ,000,000
748,000;m.
1,000; 236,000 A.
100 2 ,500,000
1,000 1 ,200,000 M.
. Apr.,
7
1902
Aug., 1889
1898
Aug., 1884
1887
1903
Aug., 1880
June. 1893
Feb.. 1914
May, 1889
1914
Aug., 1889
Apr., 1893
]
6" "!' "1910""
6
1915
2*4 Jan., 1886
1896
Feb., 1886
July, 1894
Nov., 1887
Jan., 1887
1909
July, 1889
July, 1890
4 July, 1889
7
Jan., 1390
2*4 Julv, 1889
7 ,Mav. 1893
1903
8
I
This oolumn shows last dividend on stocks, and date of maturity
of bonds.
INVESTORS'
July,
SUPPLEMENT.
INDEX TO NAMES OF
With the numerous changes which are constantly taking place
151
RAILROADS.
in
the
titles
of various railroad companies by reason of
up the name of a
foreclosures, consolidations, &c, it frequently occurs that much difficulty may be experienced in looking
former company in the tables of the Supplement. To obviate this difficulty, and to facilitate reference to
new or
has been prepared
old, the following index
WILL NOW BE FOUND UNDER
FORMER NAME.
Alabama Central
Alberuiarle A Raleiah
Albla Knoxville A Des Moines
Allegany Central
Amador Branch...
American Dock A Imorovem't
East Tenn. Virginia A Georgia.
Wilmington A Weldon.
Chicago Burlington A Quincy.
Lackawanna A Pittsburg.
Northern California.
Co.. .Central of New Jersey.
Maine Central.
Pittsburg Youngstown A Ashtabula.
Androscoggin A Kennebec
Ashtabula A Pittsburg
Atchison A Nebraska
Atchison A Pike's Peak
Atlantic A Great Western
Atlantic A Gulf
Atlantic Mississippi A Ohio
Atlantic A Northwest
Augusta A Knoxvilie
Baltimore Short-Line
Belltfontaine A Indiana
Belleville ACarondelet
Belleville Centralia A Eastern
Belleville A Eldorado
Belleville A Southern Illinois ......
Beloit
A Madison
.
Chicago Burlington & Quincy.
Central Branch Union Pacific.
New York Pennsylvania A Ohio.
Savannah Florida A Western.
Norfolk A Western.
Canadian Pacific.
Port Royal A Western Carolina.
Cincinnati Wash. A Baltimore.
Cleveland Cin. elite. A St. Louis.
St. Louis Alton A Terre Haute.
Louisville Evansv. A St. L. Consol.
St. Louis Alton A Terre Haute.
St. Louis Alton A Terre Haute.
Chicago A Northwestern.
Missouri Kansas A Texas.
Booneville Bridge
Boston Barre A Gardner
Fitchburg.
Old Colony.
Boston Clin Fitch. A New Bed
New York A NewEngland.
Boston Hartford A Erie
Boston Hoosac Tunnel A Western ..Fitchburg.
New York A New England.
Boston Providence A Fishkill
Long Island.
Brooklyn A Montauk
Savannah Florida A Western.
Brunswick A Western
Lake Shore A Michigan Southern.
Buffalo A Erie
Buffalo New York A Philadelphia. .Western New York A Pennsylvania.
Western New York A Pennsylvania.
Buffalo Pittsburg A Western
Chicago Burlington A Quinoy.
Burlington A Missouri River
Burlington A Southwestern
Chicago Burlington A Quincy.
Missouri Pacific. St. L. I. M. A So.
Cairo Arkansas A Texas
Missouri Pacific, St. L. I. M. ASo.
Cairo A Fulton
Cairo A 8t. Louts
..St Louis A Cairo.
Cairo Vincennes A Chicago.
Cairo A Vlncennes
.
California A Oregon
California Southern
Central Pacific.
Atchison Topeka A Santa Fe.
United New Jersey.
Camden A Amboy
Canada Central
Canadian Pacific.
St. L mis Alton A Terre Haute.
Carbondale A Shwneetown
Geneva Ithaca * Sayre.
Cayuga Southern
Cedar Rapids A Clinton
Burlington Cedar Rapids A N.
Cedar Rapids Iowa Falls A N.
Burlington Cedar Rapids A N.
Cedar Rapids A Missouri River
Chicago A Northwestern.
Central Iowa
.....Iowa Central.
Central Wa-hington
Northern Pacific.
Delaware A Hudson Canal.
Cherry Valley Sharon A Albany
Chicago Clinton Dubuque A Minn Chic. M. A St. Paul.
Chicago A Great Eastern
Chicago St. Louis A Pittsburg.
Chicago A Illinois River
Chicago A Alton.
Chicago A Indiana Coal
Chicago A Eastern Illinois.
Chicago Iowa A Nebraska
Chicago A Northwestern.
Chicago Kansas A Nebraska
Chicago Rook Island A Pacific.
Chi ago Kansas A western*
Atchison Topeka A Santa Fe.
Chicago A Michigan Lak Shore
Chicago A West Michigan.
Chicago Milwaukee A N.
Chicago A Northwestern.
Chicago A Milwaukee
Chicago A Northwest.
ChicagoA Ohio River
Chicago A Northwestern.
Chicago & Pacific
Chicago Milwaukee A St. Paul.
Jacksonville Southeastern.
Chicago Peoria A St. Louis
Chicago Rockford A Northern
Chicago A Iowa.
Atchison Topeka A Santa Fe.
Chicago Santa Fe A California
CUcaeo A St. Louis
Atchison Topeka A Santa Fe.
Chicago St. Louis A New Orleans... Illinois Central.
St. Louis Alton A Terre Haute.
Chicago St. Louis A Paducah
Chic. St. Paul Minn. A Omaha.
Chicago St. Paul A Minn
Chicago Rock Island A Pacific.
Chicago A Southwestern
Elinois Central.
Chicago A Springfield
Chicago A Toman
Ohicago A Northwestern.
Wisconsin Cent. Co.
Chicago Wisconsin A Minnesota
Cincinnati A Baltimore
Cincinnati Wash. A Baltimore.
Cincinnati A Chicago Air Line
Chicago 3t. Louis A Pittsburg.
Cincinnati A Eastern
Ohio a Northwestern.
Cincinnati Hamilton A Indianapolis. Cincinnati Hamilton A Dayton.
Cincinnati & Indiana
Cleveland Cin. Chic. A St. Louis.
Cincinnati Ind. St. Lonls A Chic. ...Cleveland Cin. Chic. A St. Louis.
CiHi-innati Lafayette A Chicago ....Cleveland Cin. Chic. A St. Louis.
Cincinnati Southern
City of Cincinnati.
Cincinnati Van Wert A Michigan .. .Cincinnati Jackson A Mackinaw.
Clarkiville A North Carolina
Richmond A Danville.
Clearfield A Jefferson. .'.
Bell's Gap.
Cleveland Columbus Cin. A Ind.. .Cleveland Oin. Chic. A St. Louis.
Cleveland Mt. Vernon A Delaware.. Cleveland Akron A Columbus.
Cleveland Painesville A Ashtabula.. Lake Shore A
Michigan Southern.
Cleveland A Toledo
Lake Shore A Michigan Southern.
Clevel. Tuscarawas V. A
Wheeling. .Cleveland Lorain A Wheeling.
Coeurd Alene
Northern Puclflc.
la A Augusta
Charlotte Columbia A Augusta.
V.
Col. Chicago A Indiana Central
Chicago St. Louis A Pittsburg.
Columbus A Indianapolis Central.. .Chicago St. Louis A Pittsburg.
Columbus A Rome
Savannah A Western.
Co umbos A Toledo
Col. Hocking Valley A Toledo.
Columbus A Western
Savannah A Western.
Connecticut Western
Hartford A Connecticut Western.
tonnotton Valley
Cleveland A Canton.
Consolidated Vermont
Central of Vermont.
Corpus Christ! San D. A Rio G
Mexican National.
Covington A Lexington
Kentucky Central.
Cowley Sumner A Fort Smith
Atchison Topeka A Santa Fe.
Current River
Kansas City Fort Scott A Memphis.
Dakota Central
Chicaeo A No. West.
Dakota A Great Southern
Chicago Milwaukee A St Paul.
Danvl le A Grape Creek
Chic. A East Illinois.
Danvl e Olney A Ohio River
Chicago A Ohi > River.
Danville A Vincennes
Chicago A East. Illinois.
Davenport A Northwest
Chicago Milwaukee A St. Paul.
Dayton Fort Wayne A Chicago.
Decatur A Last St. Loins
Wabash St. Louis A Pacific.
W
. .
i
W
.
,
tt'!AiSv'V
Denver MempUis A Atlantlo
Denver A New Oilcans
Denver Pacific
Denver A Rio Grande Western
Denver Western A Pacific
Des Moines A Minneapolis
Detroit A Bay City
any name, whether
:
Missouri P.eiflc
Denver Texas A Gulf.
Union Pacific.
Rio Grande Western.
U. ion Pacific
Chicago A No. Western.
Michigan Central.
WILL NOW BE FOUND UNDER
FORMER NAME.
Detroit Mickinao A Marquette
Detroit A Milwaukee
Detroit Monroe A Toledo
Dnluth South Shore
A Atlantlo.
Grand Haven A Milwaukee.
Lake Shore A Michigan Southern.
Maine Central.
Detroit
Dexter A Newport
Dixon Peoria A Hannibal
Dubuque Southwestern
Chicago Burlington A Quinoy.
Chicago Milwaukee A St. Paul.
Nashville Chattanooga A St. Louis.
Northern Pacific.
St. Paul A Duluth.
Duck River
Duluth A Manitoba
Duluth Short Line
East Line A Red River
East Tennessee A Georgia
East Tennessee A Virginia
Eastern of Minnesota
Ea-teru Shore (Mil."
Eastor k Amboy
Elizabcil City A Norfolk
Elmlra State Line
Elmlra Jeff. A Canandaigna
Missouri Kansas A Texas.
East Tenn. Virginia A Georgia.
East Tenn. Virginia A Georgia.
St. Paul Minneapolis A Manitoba.
N. Y. Philadelphia
A Norfolk.
Lehigi Valley.
Norfolk Southern.
Tioga.
Northern Central.
New Yotk Lake Erie A Western.
Escanaba A Lake Superior
Chicago A Northwestern.
Essex
Eastern (Mass.)
Maine Ceutral.
European A North American
Evans ville A Crawf ordsville
Evans villc A Terre Haute.
Evansville Henderson A Nash viile.. Louisville A Nashville.
Erie
Evansville A Richmond
Evansville Rockford A Eastern
A
Southern
Florence El Dorado
Fargo
Evansville
A
Terre Haute.
Louisville Evansville
A St.
Louis
Chicago Milwaukee A St. Paul.
Atchison Topeka A Santa Fe.
AW
Florida Central A Peninsular.
Florida Central A Peninsular.
Florida Cential A Peninsular.
Jacksonville Tampa A Kev West.
Florida Central A Peninsular.
Fort 8mith A Van Buren Bridge
St. Louis A San Franolseo.
Old Colony.
Fiamingham A Lowell
Fremont Elkhorn A Missouri Val. ..Chicago A Northwestern.
Florida Central
Florida Central A Western
Florida Railway A Navigation
Florida Southern
Florida Transit
Galena A Chicago Union
Chicago A Northwestern
Gardner Coal City A Northern
Elgin Juliet A Eastern.
Seaboard A Roanoke.
Georgia Caroliua A Northern
Grand Haven
Chicago A West Michigan.
Grand Rapids Lansing A Detroit
Detroit Lansing A Northern.
Grand Rapids Newaygo A L. Shore.. Chicago A West Michigan.
GrandRiver Valley
Michigan Central.
Great Western of 1859
Wabash St. Louis A Pacific.
Green Bay A Minnesota
Green Bay Winona A St. Paul.
Greenville A Columbia
Columbia A Greenville.
A Central Missouri
Missouri Kansas A Texas.
A Naples
Wabash St. Louis A Pacific.
A Portchester
New York New Haven A Hartford,
Hastings A Dakota
Chicago Milwaukee A St. Paul.
He'ena A Red Mountain
Northern Pacific
Henderson Bridge Co
Louisville A Nashville.
Flint A Pere Marquette.
Holly Wayne A Monroe
New Haven A Northampton.
Holyoke A Westfleld
Houston A Great Northern
Missouri Kansas A Texas.
Hudson Connecting
Central New Eugland A Western.
Hudson A River Falls
Chic. St. Paul Minneap. A Omaha.
Humeston A Shenandoah
Chicago Burlington A Quluoy.
Huntinburg Tell City A Cannellton Louisv. Evansv. A St.- Louis ConsoL
Hannibal
Hannibal
Harlem
Illinois
Illinois
Illinois
Chicago Burlington A Quincy.
Terre Haute A Peoria.
Grand Trunk
Midland
A 8t Louis
Illinois A Southern Iowa
Louisville Evansv.
A St.
L. Consol.
St. Louis A Pacific
Ohio Indiana A Western.
Cleveland Cin. Chic. A St. Louis.
Cleveland Cin. Chic A St. Louis.
Indianapolis A Cincinnati
Indianapolis Decatur A Springfield Indianapolis Decatur A Western.
International A Great Northern
Missouri Kansas A Texas.
Ionia A Lansing
Detroit Lansing A Northern.
Iowa City A Western
Burlington Cedar Rapids A North'n .
Iowa A Dakota
Chicago Milwaukee A St. Paul.
Iowa Falls A Siour City
Dubuque A Sioux City.
Iowa Midland
Chicago A Northwestern.
Iowa A Minnesota
Chicago Milwaukee A 8t. Paul.
Iowa Southern A Missouri North ..nhicago Rock Island A Pacific.
Ithaca A Athens
Geneva Ithaca A Sayre.
Wabash
Indiana BloomlngtouA West'n
Indianapolis Cin. A Lafayette
.
Jackson Lansing A Saginaw
James River Valley
Jamestown A Franklin
Jersey Shore Pine Creek
Joliet A Chicago
Junction A Breakwater
Kalamazoo Allegan
A
A Gr.
Michigan Central.
Northern Pacific.
Lake Shore A Michigan Southern.
Buffalo. Pine Creek.
Chicago A Alton.
Delaware Maryland A Virginia.
Rapids .Lake Shore
.
a
A Michigan Southern
Kalamazoo A South Haven
Michigan Central.
Kalamazoo A White Pigeon
Lake Shore A Michigan Southern.
Kansas City A Cameron
Hannibal A St. Joseph.
Kansas City A Eastern
Missouri Pacific.
Kansas City Emporia A S
Atchison Topeka A Santa Fa.
Kansas City Fort Scott A Gulf
Kansas City Fort Soott A Memphis.
Kansas City Lawrence A So
Atchison Topeka A Santa Fe.
Kansas City A Omaha
St. Joseph A Grand Island.
Kansas City St. Jos. A Council B
Chicago Burlington A Quinoy.
Kansas City St. Louis A Chio
Chicago A Alton.
Kansas City Southeastern A Momp. Kansas City Fort Scott A Memphis.
Kansas CityA Southwestern
St. Louis A San Franoisco.
Kansas (ity Springfield A Memphis. Kansas City Fort Soott A Memphis.
Kansas City Topeka A Western
Atchison Topeka A Santa Fe.
Kansas Midland
St. Louis A San Francisco.
Kansas A Missouri
Kansas City Fort Scott A Memphis.
Kansas A Nebraska
St. Joseph A Grand Island.
Kansas Pacific
Union Pacific.
Atchison Topeka A Santa Fe.
Kingman Pratt A Western
Knoxvllle AOhlo
East Tennessee Virginia
Lackawanna A Pittsburg
Lackawanna A Susquehanna
Liokawanna A Southwestern.
Delaware
A Hudson.
A
Georgia.
^
Lafayette Bloomington A Muncie.. Lake Erie A Western.
Lake Erie Wabash A St. Louis
Wabash St. Louis A Paolflo.
Lancaster A Reading
Reading A Columbia.
Lawrence
Pittsburg Youngstown A Ashtabula.
Leavenworth Atchison A N'west
Missouri Pacific
Leavenworth Lawrence A Galv
Atohison Topeka A Santa Fe.
Leavenworth Topeka *i "outhwest Atcniso" Tr> r eka A aDta Fe,
INDEX.
I.V2
Central of New Jersey.
A Wllkesbarro Coal Co
Missouri P cine.
U*oyAOm.\ Vallev
Missouri Pacific
A Southern
Chicago
Burlington A Quinoy.
Northwestern
Linooln A
Buffalo Rochester A Pittsburg.
1 lnooln Park A Charleston
Southeastern.
Jacksonville
A
Western....
IJtchtleld Carrotlton
Missouri Pacific.
Little Rock Junction
Pacltlc
Missouri
Smith
A
Fort
Little Rock
A,__
Western.
I-ehlgh
Lexington
New York Lake
Erie
Chicago A Alton.
A Missouri River
Louisville Cincinnati A Lexington. .Louisville. A Nashville.
Kvansville A St. Louis
..Louisville
Louis..
A
St.
N.
Louisville
Albany
Jacksonville Southeastern.
Louisville A St. Louis
A Lawrence
Macon A Augusta
Macon A Western
Mahoning Coal
Manitoba Souiliw. Colonization
Marietta A Cincinnati
Marietta A McPherson
Marietta Columbus A hortnern
Marietta Pittsburg A Cleve
Maple River
Marlon
A McPherson
Marquette A Western
Massachusetts Central
Mavsville
A
Richmond York
Rochester
A Madison
A Western
Minneapolis A Duluth
Minneapolis Eastern
Minneapolis A Paeiflo
Milwaukee
Milwaukee
Mississippi Central
Mississippi River Bridge
Mississippi A Tennessee.
Missouri River Fort Scott
New York A Rockaway
N. Y. Woodhaven A Rockaway
Niles A New Lisbon
Nodaway Valley
Norfolk A Petersburg
Long
Oxfoid
A
Clarksvllle
Pacific Coast
Pacific of Missouri
Paducah A Ellzabethtown
Palnesvllle A Youngstown
Paris A Decatur
Pekin Lincoln A Decatur
Peninsular of Florida
Peninsular (Mich.)
Peuokee
,
1
Sheffield
Pensacola A Atlantic
Peoria Pekin A Jacksonville
Pittsburg Bradford A Buffalo
Ulchmond
A Danville.
Oregon Improvement Company.
Missouri Pacific.
A Southwestern.
Pittsburg Palneaville AFairport.
Torre Haute A Peoria.
Peoria Decatur A Evansville.
Florida Railway A Navigation.
Chicago * North western.
Wisconsin Central.
Chesapeake Ohio
Louisville
Wabash
A
St.
Pittsburg
ft
Nashville.
Louis ft Paeiflo.
Western.
Savannah Florida A Western.
A Savannah.
A Hudson.
Delaware
Baltimore A Ohio.
Missouri Pacific.
New Yor* Pennsylvania A Ohio.
Birmingham Sheffield A Tenu. River.
A Birmingham
Kansas City Fort Scott A vfeiuphis.
Chicago Milwaukee A St. Paul.
Chicago A Northwestern.
Chic. St. Paul Minn. A Omaha,
Pennsyl'a Poughkecpsle A Boston.
Long
Island.
A Lake Ontaiio.
Atchison Topeka A Santa FA.
Savannah Florida A Western.
St. Louis A San Francisco.
Elmira
Norfslk
Southeastern A St. Louis
Southern Georgia A Florida
Southern Kansas
Southern Kansas in Texas
Southern Kansas A Western
Southern Minnesota
Southern Pennsylvania
A Western.
A Nashville.
Louisville
Savannah Florida A Western.
Atchison Topeka A Santa Fe.
Atchison Topeka A Sauta FA.
... Atcnison Topeka A Santa FA
ChUago Milwaukee A St. Paul.
Cumberland Valley.
-
Spartanburg A Asheville
8pokaneA Palouse
A Chambly
Sterling Mountain RR
Steuben ville A Indiana
Stockton A Copperopolls
Sumner County
Sunbnry A Erie
Taylor's Falls A Lake Superior..
i
Paul.
Northern (California)
Slalngton A New England
Bmlthtown A Port Jefferson
SodusBay A Southern
Sonora
South Georgia A Florida
Booth Pacific (Mo.)
South Side(Va.>
'
St.
Charleston
Short Creek A Joplin
8loux City A Dakota
Sioux City A Paeiflo
Sioux City A St. Paul
Stanstead
,v
A Western.
Paul Minneapolis A Manitoba
Chic. St. Paul Minn. A Omaha.
Chic. St. Paid Minn. A Omaha.
Milwaukee Lake 8h.
St.
Cincinnati Sandusky A Cleveland.
Cincinnati Sandusky A Cleveland.
Cincinnati Sandusky A Cleveland
Alameda. Central Pacific.
Central Pacific.
SchuvlKil! River East Side
Sedafia Warsaw A Southern
Shsron
Chicago Milwaukee
Cincinnati
Sandusky Dayton
San Francisco Oakland A
San Joaquin Valley
San Pablo A Tulare
8avannau Albany A Gulf
savannah A Charleston
ScheDectadv A Duanesburg
i
Island.
A Rockaway Beach.
Cleveland A Mahoning Valley.
Chicago Burlington A Quincy.
Norfolk A Western.
Northern Illinois
Chicago A Northwestern.
Wabash Western.
North Missouri
Chic. St. Paul Minn. A Omaha.
North Wisconsin
Lake Shore A Michlean Southern.
Northern Central (Mloh.)
Northern Cross
Chicago Burlington A Qulnoy.
.Northern
Pacific.
Mo.
Riv..
Nor. Pacific La Moure A
Northern Pacific.
Northern Pacific A Montana
A
Grano Trunk.
Trunk
Northwestern Grand
Chicago
Richmond A Danville.
Northwestern North Carolina
A
Northwestern.
Northwestern Union
Chicago
Baltimore A Ohio.
Northwest Virginia
Toledo A Ohio Central.
Ohio Central
Col. Hocking Valley A Toledo.
Ohio A West Virginia
Omaha A Southwestern
Chicago Burlington A Quincy.
Virginia Midland.
Orange A Alexandria
Atchison Topeka A Santa FA.
Ottawa A Burlington
Ottawa Oswego A Fox River
Chicago Burunirton A Quinoy.
Chicago A Northwestern.
Ottumwa Cedar Falls A St. Paul
St.
St.
.
A
A Memphis.
N. Y.
Rock Island A Pacific
Joseph A Grand Island.
Joseph A Grand Island.
Chic.
.
Chicago A
A
Northern California.
Paul A Chicago
Paul Eastern Grank Trunk
Paul A Pacific
Paul A8iouxCity
St. Paul Stillwater A T. F
Sandusky A Cleveland
Sandusky City A Indiana
(Chic. 8t. L. N. O.) Illinois Central.
Missouri Pacific.
Missouri River RR
Missouri Valley A Blair RR. Bridge. Chicago A Northwestern.
St. Louis ASan Francisco.
Missouri A Western
A Florida.
,. Northwest
Montgomery A Florida
St. Paul Minneapolis A Manitoba.
Montana Central
A
Greenwood Lake.
New
York
Montclair
St. Louis A Chicago.
Mt. Olive Coal
Grand
Baplds A Indiana.
Muskegon Grand Rapids A Indiana.
Boston A Lowell.
Nashua A Lowell
Worcester Nashua A Rochester.
Nashua A Rochester
Nashville Chattanooga A St. Louis.
Nashville Florence A Sheffield
Chicago Burlington A Quincy.
Nebraska
Central of New Jersey.
Newark A New York
Old Colony.
New Bedford Railroad
New York Lace Erie A Western
Newburg A New York
New York Pennsylvania A Ohio.
New Castle A Sbenango Valley
New York Susquehanna A Western.
New Jersey Midland
Central of New Jersey.
New Jersey Southern
Atchison Topeka A Santa Fe.
New Mexloo A So. Pacific
(Chic. St. L. N. O.) Illinois Central.
New Orleans Jackson A G. N
Louisville A Nashville.
New Orleans A Mobile
Texas A Pacific.
New Orleans Paeiflo
Connecticut A Passumpsic.
Newport A Riohford
Newtown A Flushing
Long Island.
Manhattan Elevated.
New York Elevated
New York Lake Erie A Western,
New York A Erie
Central of New Jersey.
New York A Long Branch
N. Y. Brooklyn A Manhat. Beach.
New York A Manhattan Beach
New York Ontario A Western.
New York A Oswego Midland
Pacific.
A Chesapeake. Richmond A Danville.
Buffalo Rochester A Plttsbnrg.
Bt.
St.
St.
St.
N. Y. Susquehanna A Wi stern.
Chicago A Northwestern.
Alton.
Illinois Central.
Gulf ... Kansas City Fort Scott
ft.
I
Michigan Central.
Cincinnati Jackson A Mackinaw.
Lake Shore A Michigan Southern.
Mlnneap. Sault Ste. Marie A Atl'tic
Minneapolis Union
Minnesota Central
Minnesota A Northwestern
Minnesota St. Croix A Wisconsin. ..Wisconsin Central.
Chicago A Northwestern.
Minnesota Valley
Central Vermont.
Misslsquoi Valley
Louis
Louis Council Bluffs A Omaha. .Wabash Western.
Louis Iron Mount'n A Southern Missouri Pacific.
Louis Jacksonville A Chicago
Chicago A Alton.
Missouri Pacific
8t Louis Kansas A Arizona
St. Louis Kansas City A Northern ... Wabash Western.
St. Louis Kansas A Southwestern. ..St. Louis A San Franolsoo.
Missouri Pacific.
St. anus A Lexington
St. Louis Rock Island A C
Chicago Burlington A Qulnoy.
St. Louis A S in Francisco.
St. Louis Salem A Aikansas
(8t. L. Salem A Ark.l 8t.L.A S.Fran.
St. Lonls Salem A Little Rook
Louisville A Nashville.
St. Louis A Southeastern
8t. Louis Alton A Terre Haute.
-i
l.ouis Southern
St.
Louis A San Fran isco.
Wichita
A
Western
Louis
Bt.
Manhattan Elevated.
Chicago Milwaukee A St. PauL
Minneapolis A St. Louis.
Chicago .it. Paul Minn. A Omaha.
Minn<ap. St. P. A Sault Ste. Marie.
Minneao. St. P. A Sault Ste. Marie.
8t Paul Minneapolis A Manitoba.
Chicago Milwaukee A St. Paul*
Chicago St. Paul A Kansas City.
Rlv.
St.
A Pittsburg
8t.
St.
Bt.
Memphis Claiksville A Louisville.. Lculsviile A Nashville.
Kans s City Fort Scott A Memphis.
Memphis Kansas A Colorado
Louisville A Nashville.
Memphis A Ohio
Ohio A Southwestern.
A
Northern
Chesapeake
Paducah
Memphis
Chicago A Northwestern.
Menominee River
Metropolitan Elevated
Michigan Air-Line
Michigan A Ohio
Michigan So.A North'n Indiana
Midland of New Jemey
Wabash
Chicago Burlington A Quincy.
Chicago Burlington A Qiilnev.
Kansas City FortBcott ft Memphis.
Sacramento A Plaocrvllle
St. Joseph A Iowa
St. Joseph A Pacific
St. Joseph A Western
Kentuoky Central.
Lexington
Chicago Milwaukee A St, Paul.
Atchison Topeka A Santa Fe.
Chicago Burlington A Quincy.
Hannibal A St. Joseph.
Republican Vallev
Rich Hill
Boston A Lowell
Georgia RR. A BanktngCo.
Central Railroad A Hank. Co., Oa
Lako Shore A Michigan Southern.
Canadian Pacific
Cincinnati Wash. A Baltimore.
Atchison Topeka A Santa re
Toll do ft Ohio Central Extension.
Cleveland A Marietta.
Chicago A Northwestern.
Atchison Topeka & Santa FA.
Marquette Hoiigton A Ontonagon.
Central Massachusetts.
Connecticut A Passumpsic.
Massawippl
Maine Central.
Port Royal A Augusta
Central New England A Western.
Pnughkeepsie A Connecticut
Prairie du Cbien
Pueblo A Arkansas VaDify
Qulnoy Alton A St. Louis.
Quince ft Palmyra
Quincy A Toledo
Qulnoy A Warsaw
I/mtslunn
Lowell
Baltimore A Ohio.
Bun*. Rochester A Pittsburg.
Atchison Topeka ft Santa Fe
Flint A Pere Marquette.
Pittsburg A Connellsville
Pittsburg A State Line
Pleasant Hill A De Soto
Port Huron A Northwestern
Portland A Kennebec
Port Royal
Ma4neCpntxa1.
Lehigh (_oal A Navigation.
Long Dock Company
WILL NOW BE FOU>D UNDER
FORMER NAME.
WILL HOW BE FOUND UNDER
FORMES NAME.
Leds A Farmlngton
UhWh A Susquehanna
[Vol. XLIX.
8.
Ashe ville A Spartansburg.
Northern Pacific.
Central of Vermont.
Sterling Iron ft R'y Co. (see Miscel'sf
Pittsburg Cin. A 8t. Louis.
Southern Pacific of California.
Atchison Topeka A Santa FA.
Philadelphia A Erie.
.. St. Paul A Duluth.
Tarkio Valley
Chicago Burlington A Quinoy.
Missouri Kansas A Texas.
TeboA Neosho
Evansville A Indianapolis.
Terre Haute A Southeastern
Mexican National.
Texas Mexican
St. Louis Arkansas A Texas.
Texas A St. Louis
Toledo Ann Arbor A North Mieh.
Toledo Ann Arbnr A Cadillac
Toledo
Ann Arbor A North Mloh.
Trunk..
Grand
Arbor
A
Ann
Toledo
Toledo Ann Arbor A Mt. Pleasant. .Toledo Ann Arbor A North Mich.
Louis A Kansas City.
Toledo
St.
A
St.
Louis
Toledo Cincinnati
Toledo St. Louis A Kansas City.
Toledo Delphos A Burlington
Louis A Pacific
Wabash
St.
Illinois
Toledo A
Chicago St. Louis A Pittsburg.
Toledo Logansport A Burlington
Western.
Wabash
Warsaw
Toledo Peoria A
Wabash 9t. Louis A Pacific
Toledo A Wabash
A Boston
Union
Union Elevated
Union A Logansport
Utah Central
Utah A Northern
Utah Southern
Venice A Carondolet
Fitciiburg.
Troy
Northern Central.
Brooklyn Elevated.
Chic St. Louis A Pittsburg.
Oregon Short Line.
Oregon 8bort Line.
Oregon Short Line
Illinois
A
St Louis.
Verdigris Val. Independ'ce A West. Missouri Pacific.
Cincinnati Indianap. St. L.
Vernon Greeusburg A Rushville
Alabama A Vicksburg.
Vicksbnrg A Meridian
Houston A Texas Central.
Waco A Northwestern
Warren A Franklin
Warwick Valley
Washington City
V;i.
Mid.
A Gt
Washington Ohio A Western
West Chester A Philadelphia
Western of Alabama
Western Minnesota
Western Pacific
Western Union Railroad
West Pennsylvania A Sbenango
West Wisconsin
Wichita A Southwestern
Wichita ft Western
Winona A
St.
Peter.
Wisconsin Minnesota
Wisconsin Vallev
A
Pacific
A Chic
Western New Y'ork A Pennsylvania.
Lehigh A Hudson River.
Midland.
80.. Virginia
Richmond
A Danville.
A Baltimore Central.
Philadelphia
1avanna.l1
ft
Western.
A Northern Pacific.
Chicago Milwaukee A St PauL
Slienango A Allegheny.
Chic. St. Paul Mi.ineap. A Omaha.
Atchison Topeka A Santa Fe.
.Atchison Topeka A Santa FA.
Chicago A Northwestern.
Minneapolis ft St. Louis.
Chicago Milwaukee A St. PauJL
St,
Paul
Central Pacific.
@FedFRASER