The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
OP THE
COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED
ON
THE
LAST
SATURDAY
NEW
INVESTORS’
1877, by Wa. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l
YORK, JULY
SUPPLEMENT
OF THE
Cfltntnerrial pii financial
Clirmtide.
Supplement is issued on the last Saturday of each month, containing
complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies.
It is furnished without extra charge to all regular subscribers of The
a
single copies are sold at the office, as a sufficient supply is
printed for subscribers only.
Transient advertisements are inserted at twenty-five cents per line; adver.
tisements by the quarter, six months or year, at special rates.
Chronicle; no
'
INVESTMENTS IN JULY.
great event this month was the closing of the United
loan on the 16th inst., with nearly $66,000,000
taken in this country at par, in gold.
This success, which was
far beyond the expectation of many, may be attributed to three
The
States 4 per cent
things:—1. The growth of confidence in the stability of the Gov¬
ernment, and the belief that repudiation under any administration
would be impossible.
2. To the impossibility of getting any
other satisfactory securities as a basis for the business of financial
corporations or the conservative investment of trust funds. 3.
To the immediate condition of the money market, in which there
is a great plethora of idle money not wanted in business, and
anxiously seeking investment at almost any rate of interest, so
that the principal be unquestionably secured.
Together with
this sale of four per cents, and partly in consequence of it,
there has been a general yielding in rates of interest, and in this
city the large savings banks and insurance companies have made
a common move
to
reduce the rate of interest 1 per cent on real
loans—the former rate was 7 per cent—and now
money is offered abundantly at 6.
Although this movement was
forced by the times, there was still an element of justice and fair
dealing in it on the part of some, if not all, of the heavy corpora¬
tions, for they made it apply to loans previously outstanding,
and offer to reduce the rate of interest to 6 per cent on a re-valu¬
ation of the property.
This change in rates for money will pre¬
sent to the next legislatures of many of our States, the important
question of reducing the rate of interest established by law,
wherever that rate is now too high.
In New York State, 7 per
cent is unquestionably too high, and it is a hardship to debtors
to have interest running against them now at 7 per cent.
The
main question before the Legislature would be as to the perma.
nency of the present decline in interest rates in the money market,
and the possibility that when business revives again, 7 per cent
might not be a fair standard. The better opinion would seem to
be that in New York State 6 per cent as the legal rate will proba¬
bly be high enough for all future time.
A feature of the market dealings in the old issues of govern¬
ment bonds has been the large distribution of these securities
among purchasers of small lots—people who have apparently
been depositors heretofore in savings banks, and who have
estate mortgage
MONTH.
Furnished Gratis to all Subscribers of the Chronicle.
.
[Entered according to act of Congress, in the year
The
OF EACH
28,
1877.
and reserving such amount as the trustees may deem
expedient as a surplus fund for the security of depositors, which*
to the amount of ten per cent of their deposits,/ the trustees of
any such corporation are hereby authorized gradually to accumu¬
late and hold, to meet any contingency or loss in its business
from the depreciation of its securities or otherwise.”
The above
paragraph is changed in two respects: “ 5 per cent” is substituted
for “ 6 per cent” as the rate of interest, and “ 15 per cent” for “ 10
per cent” as the percentage of their deposits for surplus.
The
law is also so amended that in determining the per cent of sur¬
plus held by any savings bank in the future, instead of estimat¬
ing the value of its interest-paying stocks and bonds “ at their
market value,” the Superintendent of the Banking Department
is directed to estimate as follows: “ Its interest-paying stocks and
bonds shall not be estimated above their par value,or above their
nearest market value if below par.”
Another important modifi¬
cation is made.
The banks are required to report their condition
semi-annually to the Superintendent, instead of once a year as
formerly. These reports are to be submitted on or before Feb¬
ruary 1st and August 1st every year.
An additional guard for the
depositors is provided in the following clause added to section 45:
It shall be the duty of the trustees of any such corporation,
as often as once in each six months during each year, to cause to
be taken an accurate balance of their depositors’ ledgers, and in
their semi annual report to the Superintendent of the Banking
Department they shall state the fact that such balance has been
taken, and shall state the discrepancies, if any, existing between
the amount due to depositors as shown by the general ledger.”
The amendments took effect July 1, 1877.
The railroad strikes in the last week have naturally exerted a
expenses
“
depressing influence on prices of railroad stocks and bonds; but
so universally are they regarded, among thinking men, as tem¬
porary and impossible to have any success as a power to direct
railroad operations in the future, that the present effect on prices
has been far less than might have been anticipated.
There is no
general sympathy with communism amoDg the mechanics and
laboring classes of this country, and the line of demarkation has
got to be very clearly drawn between the right to strike and quit
work, and the assumed right to dettroy or steal the property of the
employer and kill the new employe.
The
business
in
Western
mortgage
loans
has
been
decidedly active, and both the mortgage companies and the
firms of bankers
engaged in placing loans, have done
a
good trade.
The decline in rates of interest in other
directions has also been noticed here, and in most of the
favorable localities at the West the borrowers are not inclined to
pay over 7, 8 aDd 9 per cent, where
to 10 per cent, and sometimes even
formerly they readily paid
8
12 per cent. A slight shadow
of distrust was thrown over Illinois loans when the Legislature
passed its silver bill, but as that never became a law, the question
as affecting the payment of mortgage loans never cjime up.
The
matter, however, was just sufficient in these times of uncertainty
become distrustful of the bank management, or dissatisfied with to in luce lenders to ask the question whether at some future day
lower rates of interest, and therefore gone into governments. legislation hostile to the interests of the holders of mortgages on
The amendments of the savings-bank law by the last Legislature, Western farm property, might not take place in the Western
States.
Perhaps the question was more forcibly brought up by
were intended to provide better security for depositors, and
late
the
granger decisions, and by the vote in favor of repudiating
therefore bore somewhat heavily upon the weak institutions.
the Minnesota State bonds, and it is fair to state that some of the
By the law of 1875 it was made the duty of the trustees cf
every savings bank “ to regulate the rate of interest or dividends, parties who are most largely interested in the soundness of
not to exceed six per cent per annum upon the deposits therewith, these investments, and who have made a study of them in every
in such manner that depositors shall receive as nearly as may be phase and form, are inclined to the view that no difficulty of the
all the .profits of such corporation after deducting necessary sort referred to need ever be apprehended.
^
connection with tbe information concerning Investment matters, published from week to
iu the remarks at the foot of the tables. Annual reports are in black-faced figures.
JL fuS description of U. 8. Government Securities is published regularly in the Chronicle each month, as soon as the official “ Debt State¬
Them tables are axpreaely intended to be used in
week in the Chronicle—to wliiah an index is furnished
ment” is issued.
are quoted weekly in the Chronicle.
explanations of each column of the tables below:
Description.—Railroads leased to others will often bo found under the lessee’s name. The following abbreviations frequently occur, viz.: M. for
"mortgage,” s. f. for ‘‘sinking fund,” 1. gr. for ‘‘land grant,” reg. for “ registered,” coup, for ‘‘coupon,” Br. for “Branch,” guar, for "guaranteed,”
Prioes of all Stocks and Bonds
The following will give
end. for ** endorsed.”
of Bonds —The date of issue on the face of the bond
of Road—Opposite Stocks, this moans the miles of
by tbe mortgage.
Date
Miles
is referred to in this column.
road operated, on which the earnings are based; opposite bonds, the miles oovered
signify $100 and larger.
extra; s, stock or scrip.
A N., May A Nov.; J. A
or Par Value.—These figures are dollars, showing the denominations or par value.
The figures " 100, Ac.,”
Rate Per Cent.—The interest per annum is given for bonds, but the per cent of last dividend for stocks; g means gold; x,
When Payable.—J. & J. stands for Jan. A July; F. A A., Feb. A Aug.; M. AS., March & Sept.; A. A O., April A Oct.; M.
Size
quarterly from Feb.; Q.—M., quarterly from March.
Bonds,principal when due; Stocks, last dividend.—The date in this column shows the period when the principal
D., June A Dec.; Q.—J., quarterly from January; Q.—F.,
When the last dividend
was
paid
stocks.
on
STATE
Sabflcribers will confer
a
falls due of bonds, but the time
SECURITIES.
Immediate notice of any error discovered in the*e
great favor by giving
INTEREST.
Date of
Bonds.
DESCRIPTION.
For
1872
1866
1866
1870
1866
1866
and extended.
•
Sterling bonds of 1850, extended
Sterling bonds, extended
do
do
Bonds of 1866
do
*.
do
Bonds of 1868
New 8 per cent,
loan of 1872
do
do
1873
Railroad substitution loan, gold (Act
Substitution bonds (A)
Apl.,’ 3)
forRR. ($-4,000 p.m. loan) (B).
Educational funded debt
Direct loau to Montgomery & Eufaula RR....
Direct loan to Alabama A Chattanooga RR.. .
.
do
Railroad bond indorsements.
State certificates and Auditor’s warrants.
Levee bonds (or warrants)
Old unfunded debt, including interest
601,000
128,900
299,275
20,343
33,992
205,620
279,200
150,500
....
....
1867
1866
1868
1872
1873
1874
1876
1876
.
.
.
.
100 Ac.
100 Ac.
1,000
1,000
1,000
|
705,000
100 Ac.
100 Ac.
....
•
....
....
—
1869 to ’70
1,000
1870
1871
1838 to ’39
1,000
100 Ac.
1870
1870
1870
1870
Stake scrip
1863
California—
....
1875
1875
1869
Ten year b’ds, Act May 29/74
Secured sinking fund bonds (Act. Dec., 1871)
To Memphis A Little Rock Railroad
To Little Rock & Fort Smith Railroad
To Little Rock, Pine Bluffs & N. Orleans RR..
To Miss., Ouachita A Red River Railroad
To Arkansas Central Railroad
....
....
1,000
1,000
1,000
1,000
1,000
—
500 Ac.
1863
1870 to ’72
500 Ac.
1873
Soldiers’ relief
State capital bonds
Fxmded debt bonds of 1873
Connecticut—
....
Coupon
or
regist’d.
Columbia—
Permanent improvement, gold, coupon or reg.
do
1,000
IS 63
1864
1865
1S77
1,000
100 Ac.
1,000
500 Ac.
1872
1873
50 Ac.
1874
50 Ac.
1872
1,000
1871 to’73
100 Ac.
1872
1828 to ’6S
....
Feb.,’75)
Washington funding, gold
Other Washington debt
Corporation of Georgetown
Florida—
State bonds
Consolidated gold bonds
Loan to
$57,000
100 Ac.
100 Ac.
....
Funding Bonds 1870 (Holford—
do
currency
Fund, b’ds (U.S. guar.. Acts June,’7 4 A
Market bouse bonds, coupon
Potomac water bonds, coupon
$100Ac.
....
Funding bonds of 1869 and 1870
District of
Outstanding
1870
1870
1870 to’71
Ji. rkansas
War bonds, 20 year
l
do
20 year
>
do
not taxable, 20 year.. )
New bouds, coupon, 10-20 year
Amount
par
Value.
explanations see notes above.
Alabama—
State bonds, due in 1872
extended
do
do
do
Size or
Jacksonville, Pensacola & Mobile RR.
Georgia—
Atlantic A Gulf Railroad bonds
Bonds, act of Mar. 12, ’66 (renewal W. A A.)..
Quarterly gold bonds, act of Sept. 15, 1870..
Bonds, act of Jan. IS, ’72
Bonds for funding (Act Feb. 19, ’73)
Bondstofund coupons on endorsed bonds...
Bonds exchanged for RR. bonds endorsed
,
....
....
1871
1873
1870
i ,6oo
1.000
1858 to ’66
1866
1870
1872
1873
1876
500
500 Ac.
1,000
1,000
250Ac.
1,000
1877
....
5
5
5
6
5
o
5
8
8
g.
g.
g.
g-
8
\
172,000
4,655,000
456,000
2,810,670
300,000
2,000,000
9,193,000
998,135
7 g.
2 Ac.
5
1,886,000
1,316,000
1,986,773
,1,985,955
258,300
256,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,353,120
0
6
7
otherwise
J. A J.
J.
the
do
'
1884
10
6
7
7
7
7
7
A J. New York, Latham, A. A Co.
N. Y., Union Trust Co.
A. A O.
do
do
A. A O.
do
do
A. A O.
do
do
A. A 0.
do
do
A. A O.
J.
5 A 8
Sacramento, Treasury,
A J.
J.
J.
F.
J.
J.
A J. N. Y.f First
do
A J.
2,278,000
6 g7
3 65
7
7
6 g.
A
A
do
do
-
Hartford, Treasury,
do
do
do
A J.
A O.
A N.
do
do
do
-
National Bank,
-
do
A A.
A J.
A J.
6
do
do
Washington, D. C.
do
7
6 g.
8 g.
6
7
7 g.
7
8
7
6
Connecticut
1900
1900
1900
April, 1900
N.
J.
J.
Q.-J.
A
A
A
A
Tax,
was
all
figures by sinking fund purchases. The 1861 bonds,
payable at pleasure since July, 1871, and those of
1864 since October, 1874, are paid off with proceeds
of the new loan. Assessed va ue of real and per¬
sonal property, $351,785,469; rate of taxation, IX
(V. 24,'p. 387.)
District of Columbia.—The total assessed value
of taxable real estate in 1875 was $9 4,45-*,684. United
States Attorney-General Pierrepont rendered an
opinion that the faith of the United Slates
is pledged for the payment of interest on the
3.65 bonds, but conflicting legal opinions have been
rendered as to the right of New York savings banks
to invest in these, as government securities.
The
interest due Februarj% 1876, was not paid till March,
as
no
appropriation was made by Congress.
The interest due Aug., 1876, and Feb., 1877] has
been provided for by the Sundry Civil bill.
Y., Importers’ A Tr. B’k
do
A J.
A J.
F. A A. N.
J. A J.
J.
A.
J.
J.
1883
1885
1893
Jan., 1883
Jan., 1884
Oct., 1885
May 1,1897
July 1,1891
July 1,1891
Aug. 1, 1924
July 26, 1892
Oct- L, 1901 to
1892
'03
do
Q.-J.
purchase of foreign securities in their
Connecticut.— The debt of
do
do
J.
J.
Various New York and Washington.
Washington, D. C.
5, 6t 7-3 Various
higher.
'1899
....
J.
J.
A.
M.
900,000
3,600,000
2,098,000
307,500
900,000
542,000
1899
1900
1900
Union Trust Co.
do
A J.
created originally for wrar purposes, and has been
reduced since J806 from $10,00.»,000 to the present
mills.
N. Y.,
6
6
6
5
89!),400
4,000,000
1889
....
....
877,000
1,318,500
1,741,100
1,000,000
350,000
.
July 1,19(X>
July 1, 1906
New York,
do
A J.
476,000
1886
1886
1888
Jan., 1892
1893
1894
do
do
do
do
do
do
J.
J.
J.
1,812,300
1,235,824
252,317
1886
1886
New York,
7 g.
7 g.
t> g-
would have been much
place.
do
do
do
A J.
J.
73^cents per $100.
The Governor advises the
gradual cancellation of the bonds held in trust
and
London, Union Bank,
May, 1892
May, 1886
May, 1886
June, 1890
N.Y., Nat. Bank State N. Y
8
8
8
Alabama.—The State gives 30-year bonds, dated and University funds the $500,000 Capitol bonds
July 1, 1876, bearing 2 per cent for 5 years, 3 per and $2,063,000 of bonds 1873. Total valuation of
cent for next 5 years, 4 per cent for next 10 years, property, 1876, was as follows: Real estate, $454,personal property, $139,247,69) total,
and 5 per cent for last 10 years, for old bonds, with¬ 990,351;
This amount appears smaller from
out any allowance for past-due coupons. The ex¬ $5‘J4,238,046.
change may be made at Montgomery. Alabama the deduction of “solvent debts” in 1876, but
A Chattanooga eudorsed bonds may also be ex
changed (for $1,000,000 of the new bonds, class C.)
For railroad endorsements
the bonds issued
bear5 percent. The report of Funding Commis¬
sioners is in V. 23, p. 622, and amouuts aoove given
are as they stood November, 1876.
An analysis of
the debt and funding operations is in V. *24, p. 28.
The value of all taxable property is given at
$160,000,000; tax rate, 7*4 mils. The assessed
valuation of real estate in 1875 was $83,851,252. (V.
22, p. 110, 157, 206, 521; V. 23, p. 39, 40, 397, 622; V.
24, p. 28, 420.)
Arkansas.—Rate of taxation, 10 mills. The State
is in default for interest, except on the ten per cents
of lo74 and secured sinking fund bonds, issued
under the law of December, 1874. Assessed valua¬
tion of taxable property, $94,095,243.
The total
interest overdue July 1, 1876, was $4,127,68 making
total bouded debt. $15,90^,310. A Board of Finance
was appointed in Jauuary, 1875, to confer with bond¬
holders of the S'.ate and ihey issued a notice as
quoted in V 20, p. 161; also statement of finances,
V. 23, p. 174,
See Chronicle, V. 19, p. 167, 189,
637; V. £0, p. 139 161; V. 21, p. 465, 590; V. 23, p.
174; V. 24, p 88. 420, 466, 564.
California.—The State holds ^in trust for] School
New York,
do
*
do
N.
N.
N.
1.
J.
J.
J.
J.
J.
J.
S.
J.
J.
J.
95,500
500,000
2,801,000
4,000,000
677,300
13,743,050
152,400
Due.
Whom.
Payable
M. A
M. A
M. A
June
J. A
J. A
J. A
J. A
J. A
J. A
M. A
J. A
J. A
J. A
Prinoipal when
Payable and by
Where
When
Rate.
Table*.
J.
0.
J
J
do
Jan. 1,
1903
Y., Fourth National B’k 1878-’81 and 1886
do
do
May, 1886
do
do
Got., 1890
do
do
July, 1892
do
do
April 1,1878 to ’86
do
do
do
do
July 1, 1896
1889
(V. 20, p. 289, 446; V. 21, p. 63, 417, 465: V. 22,
p. 181; V. 23, p. 542; V. 24, p. 39.)
Florida.—Less \ ue sinking fund of $07,900, and J.
P. and M. loan, the total debt is $1,161,700, which
dO'*s not include $132,000 bonds of 1357,
Indian Trust Fund.
Real and personal
held by
property
valued about $35,009,000; tax rate, 7 mills. The
loan to Jacksonville Pensacola & Mobile RR. is
secured by mortgage on road, and the question as to
the Sta; e's obligation to the bhndholders was before
the United States Supreme Court, ai.d decided in
December, 1875, (V. 21, p. 591), in favor of the
State; no interest has been paid on these bonds
for some years past, and the road was to be sold by
the State in March, 1877.
(V. 21, p. 466; V. 22, p.
are
158,233; V. 23. p. 576.)
Georgia.—The State Legislature and a constitu¬
tional amendment in 1877 declared void several
issues of bonds and railroad endorsements which
were claimed to have been tainted with fraud, and
the above statement is made of the recognized debt.
The So. Ga. & Florida Railroad also has $464,000 of
bonds endorsed, but the Company pays interest and
the road is estimated to be nearly worth the bonds.
The total State debt is $11,109,500, and there are
assets valued at $8,050,000.
Assessed value of
property in 1876 was as follows: Lands, $91,855,772;
city and town property, $54,186,037; personal,
$99,811,94!; total, $245,853,750, against $261,755,884
in ls75; rate of tax in 1877, five mills. Governor’s
Message, Y. 24, p. 89. (V. 22, p. 4l0, 690,614;
23, p. 622; V. 24, p. 89, 152.)
4
I
'■
*
-
t
Jolt 28,
STATE SECURITIES.
1877.J
Subscriber* will
confer a great flavor
see notes on
first page of tables.
A. A O.
A. A O.
1861 to ’69 100 Ac.
1861 to ’75 100 Ac.
1864 to’65
101,175
739,000
289,000
6
7
7
July.
500
120,000
518,000
207,000
6
6
8
6
8
6
8
7
6
7*30
8
6
8
8
8
7
1875
1876
Bonds, 1861
Bonds for various
Military loan
Louisiana—
State purposes
....
v
1853
Bonds for relief of State Treasury
Bonds In aid of various railroads
1,000
1867
1870
1866
1870
1870.
Bonds funding coupons
do
to Boeuf & Crocodile
do
do
do
do
do
do
do
N. O.
Navigatio]
issued to State Penitentiary
to fund floating debt of State...
to Mississippi & Mexican Gulf Canal..
to Northern Louisiana & Texas RR. Co.
school & seminary, held by vSt. Treas..
to N. Orleans, Mobile A Chatt. RR
to N. Orleans, Mobile & Texas RR
Mob. & Texas RR. bonds, end. by
1869
1870
1869
1869
1857
1870
1871
1869
Maine—
Civil loan bonds
-
bonds
Bounty loan bonds
War loan
do
do
Municipal war debt
Maryland—
Baltimore & Ohio
Railroad
Susquehanna Railroad
Chesapeake & Ohio Canal
Baltimore & Susquehanna Railroad
Annapolis & Elkridge Railroad
ao
War Loan,
1837
1870
Troy &
10-15 years
•
1861 to’62
—:
Greenfield Railroad loan,
sterling
home
sterling
sterling
sterling
dollar bonds
do
Loan
Boston, Hartford & Erie Railroad, sterling...
Harbor Land Improvement (5-20s)
Lunatic Hospital
Lunatic Hospital, Worcester
New State Prisons, sterling.
Michigan—
Danvers
Renewal Loan
Two
Bonds
Million Loan
Bonds
Marie Canal bonds
2,500,000
875,000
2,826,900
1873 to ’74
1875
1860
1868 to ’69
1874
1874 A ’76
1875-’76
1875
1858
1863
1865
'.
1859
1,000
1,000
5,000
2,551,444
155,615
31,069
269,000
528,355
298,435
62,605
3,226,750
225,000
465,000
454,361
220,000
200,000
888,000
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
5,598,912
1,497,980
700,000
1,300,000
200,000
£200
3,599,024
1,000
1,000
1,000
700,000
£500
1,000
1,000
1,350,000
1,100,000
1,292,280
101,000
1,000
822,000
357,000
1,000
46,000
been rapidly
than
in
ao
do
do
do
N. Y., Donnell,
do
do
J. A J.
J. A J.
6
6
6
6
6
J.
A J.
M.
M.
F.
J.
A.
A S.
A S.
A A.
A D.
A O.
Augusta and Boston.
g.
g.
g.
g.
g.
g.
M.
J.
J.
J.
M.
M.
J.
A.
A.
A.
A
A
A
A
A
A
A
N.
N.
J.
O.
O.
O.
J.
J.
J.
J.
0.
J.
J.
5 g.
5 g.
5 g.
6
6
7
6
J.
J.
M.
J.
g.
g.
5 g.
5 g.
Jan. 1, 1800
Maroh 1,1009
May^lOlO
1909
1807
July 1,1910
April, 1911
5 g.
5 g.
5 g.
5 g.
5 g.
ten
A
A
A
A
Boston, Treasury.
do
do
do
do
London, Baring Bros.
Boston, Treasury.
Boston, Treasury.
do
do
London, McCalmonts.
J. N. Y., Am.
do
J.
do
N.
do
J.
•
•
•
Jan., 1914
Maroh 1,1878
March, 1883
Aug. 15,1880
June, 1889
Oct., 1898
1890
1890
1880 A 1890
1890
1890
1885
1890
1890
1883
1885 A *89
1887 A 1891
1887
do
do
do
do
do
Boston, Treasury.
do
do
do
do
do
do
do
do
London, Baring Bros.
do
do
do
do
Boston, Treasury.
London, Baring Bros.
do
do
do
do
N.
J.
J.
J.
A
A
A
J. A
J. A
J. A
J. A
A. A
J. A
J. A
Various
Various
J. A J.
g.
1,1875
1886 A *88
London, Baring Bros.
do
do
Baltimore, State Agency.
do
do
do
do
do
do
do
do
do
do
do
do
do
1907
May 1,
March
Winslow, L. A Co.
Boston, Suffolk Bank.
do
do
do
do
do
do
....
g.
July, 1893
1872 to *906
1886
•
N. Y.,
May, 1880
July, 1878
July, 1883
July, 1883
May, 1894
May, 1894
July, 1889
Oct., 1888 to ’90
April, 1890 to *94
April, 1882
July, 1891
Jan. 1. 1895
July, 1891 to *94
July, 1895
April, 1890
Jan. A July, 1900
July, 1894
July, ’94-8ept., ’96
May, ’95-Sept., ’96
Jan. 1, 1895
July, 1878
Exchange Bank,
1878 A ’83
May, 1890
do
do
do
July, 1879.
•»#
The total assessed value of real estate in 1875 was
$150,507,073; personal. $40,349,547; of which New
Orleans had $98,463,289 of real and $26,118,838 of
personal. The gross revenue in 1875 was $8,286,153
State tax rate, 14# mills.
231, 489. 535, 613; V. 22, p.
62; V. 23, p. 525, 595; V. 24, p. 469, 519.)
Maine.—The sinking funds ($791,291), January,
1877, reduce the total debt to a net amount of
$5,129,107. Valuation of total taxables in 1875,
$255,000,000; tax rate in 1876,
mills.
and expenses, $3,185,107.
(V. 21, p. 15, 63, 110, |59,
Maryland.—The assessed valuation of property in
$429,112,418, on which the rate of taxation
was 17% cents per $100; income from dividends
on railroad, canal and other stocks owned by the
State was $72,562.
The State has largely assisted
canals and railroads, and holds $4.454,^<0 of stocks
1876 was
and bonds of
companies paying
leaving only $6,276,154 or debt
the State also holds $22,957,935
Massachusetts is
the State stands
a
do
.....
5 g. J. A J.
5 g. J. A J.
5
Q.-J.
A. A O.
5
Quart’y
3
J. A J.
6
6
Q.-J.
A.. A O.
6
J. A J.
6
J. A J.
6
6
’ J. A J.
6
5
5
5
5
5
5
5
5
5
5
1883 to ’84
1878 to *09
1884 to *90
do
J. A J. N. O., Louisiana Nat. Bank.
do
do
Various
do
do
Various
N. Y., WinsloW, L. & Co.,
M. A N.
do
do
M. A S.
J. A J. N. O., Louisiana Nat. Bank.
do
do
J. A J.
N. Y., Winslow, Li A Co.
M. A S.
do
do
M. A N.
M. A 8. N. O., Louisiana Nat. Bank.
N. Y., Winslow, L. A Co.
A. A.O.
Various N. 0., Citizens’ Bank of La.
N. Y., Winslow, L. A Co.
J. A J.
A. A O.
were
ee
April 1,1870
L. A Co.
curities.
an
Apvil 1,1878
Various
ons
“
year
Jan., 1878
Various
Jan., 1880
Jan., 1880
Jan., 1880
Exchange Bank,
New York.
do
not less
one
nor more than
years
reduced of after
the date of such bonds, and the interest,
late years, and, without the addition of new loans,
annually or semi-annually, as may be therein pro¬
will soon be extinguished.
The Illinois Central vided,
to provide the means with which to complete
Railroad charter tax on earnings contributes over such buildings; 1 provided that
such bonds
$300,000 per year to the State revenue. For ; 876 shall not be sold at a price less than ninetythe total assessed value as equalized was: personal four cents
on the dollar, nor bear a greater
property, $20tf,908.736; laiids. $4^0,119.2^2; town and rate of interest than eight per centum per
city lots, $261,195,241; railroads, $38,920 090; capi¬ annum.” A similar law was passed for counties.
tal stock of corporations, $3,373,751; total, $1,001,(V. 22, p. 209.)
123,110. State tax in I8fii, 2'8 mills. For the year
Kansas.—Kansas has but a small State debt, but
1875 there was levied in the State: State taxes,
$8,966,596; County taxes, $6,438,787; City taxes, the issues of municipal bonds have been large.
$6,995,062; Town, district and other local taxes, The valuation of real and personal property
in 1876 was $132,144,580, of which $23,04-<,801 was
$11,606,414; total, $29,007,461. (V. 24, p. 40.)
tate funds Tax
(610,925
5% ofmills
the bonds.
for State(V.purposes.
20, p. 14;
hold rate.
Indiana.—There are also $139,000 of war bonds. gersonal.
There is a question as to the State’s obligation to V. 24, p. 40.)
pay the Wabash & Erie Canal debt. A reference
Louisiana.—The funding bill passed Jan. 24, 1874,
to the origin of that debt, arising from the State’s
scaled the debt down to 60 per cent of the face value.
compromise with the bondholders in 1846, will be For coupons lacking on bonds funded, similar coup¬
found in the Chronicle, V. 19, p. 493; see also p.
are cut from the new bonds issued; interest on
526. A suit on the question was brought and decree consol bonds is paid in New York, but no inter¬
of side obtained (V. 21, p. 85; V. 22, p. 104,615). Tax¬ est paid on bonds unfunded. In Dec.. 1876, there
able valuation, 1876—real estate, $63^,246.860; per¬
nearly $3,000,000 old bonds in New Orleans
sonal, $ 22.36',781; railroads, $38,208,936; corpora¬ awaiting funding, but funding was not resumed ti'l
$864,72d,440, May, 1877, wlmn the Board proceeded to fund, sub¬
tions, $4,900,811; total valuation,
against $897,739,783 in 1875, and $9:33,531,067 in 18:3. ject to Supreme Court decision (see V. 24. p. 5)9).
Tax rate, 13 mills.
A law permitting towns to It was reso.ved that all bonds not coming within the
issue bonds was passed in 18f5, the main section
prohibition of act No. 11 of 1875, be declared fund¬
being as follows:
able. This included so many of the following bond
Section i.—Be it enacted bi/ the General Assem¬ series as are not questioned by act No. 11:
Questioned.
bly of the State of Indiana, That any corporated
town in this State which shall have heretofore, by N. O. & Na=hville RR. (fundable $40,C00)... $18,( 0J
the action of its Board of Trustees, commenced the Mexican Gu f Railroad
3,000
erection of any public buildings, to be used as a N. O. J. & G. N. RR. (fundable$144,000) ... 270,000
market house, engine house or other public pur¬ N. O. Op. & G. W. RR. (fundable $120.000). 79,000
poses, and shall not have the necessary means with Vicks. Shrev. & Tex. RR. (fundable $52,00 ) 50,000
which to complete such building, on the passage of Ba’on R. G. T. & Op. Rlt. (fundable $39,( 00) 30,000
ordinance authorizing the same by the Board of Relief of State Treasurer (fundable $105,000) 65,000
Trustees of said incorporated town, issue the bonds F
school fund (not fundable)
529,000
of such town to an amount not exceeding in the
In
1, $1,034,500 quesiioned
aggregate $10,000, in denominations of not less than The N. O. Stock Exchange. July 13, gives old debt
$50 nor more than $500, and payable at any place fundable, $2,147,800; old not fundable, $3,901,000.
that may be designated in the bonds; the principal
Illinois.—The debt has
n
500
1862
1,000
1863
1,000
1,000
1863
500 Ac.
1864
£100 Ac
1864
£200
1869
1858 to’61 £200 Ac
1861 to’63 500 Ac.
£100
1868
200 Ac.
1871
£500
1875
War Bounty
Sainte
*
....
Loan
do
do
do
do
do
do
do
do
do
do
Southern Vermont Railroad
do
do
10,000
184,000
70,000
2,028,888
1839
1839
1868
1870 & '74
1872 & ’76 100 Ac.
1872
Loan
Asylum Loan
do sterling
sterling.
1,000
500 Ac.
100 Ac.
1838
1838
Various.
1839
Baltimore &
Bounty Fund
1,672,000
260,000
,
sterling
Massachusetts—
Back Bay Lands Loan.
Union Fund Loan
Coast Defense Loan
Bounty Fund Loan
810,000
87,000
500 Ac.
1863
1863
1864
1868
Railroad, sterling
Maryland Hospital Loan,
Maryland State Loan
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
25,500
385,000
307,000
2,330,000
Eastern Shore
Defense Bounty
Deaf and Dumb
747,500
100,300
1851 to’61 500 Ac.
;
Chesapeake A OhioCanal,
Railroads and canals
500
100 Ac.
10,473,700
_
assumed
526,000
100 Ac.
1874
Consolidated funded bonds
'
1,000
1,000
1866
1865
Levee bonds—Act 35 of
do
Act 115 of 1867
do
special—Act 32 of
....
’
wnom.
7
6
6
100 Ac.
$913,164
tbesePrincipal
Tableauwhen
payable and by
Payable
200,000
510,000
3,904,783
1,000
1,000
1,000
...
(non-negotiable)
to ’69, funding, Ac..
Where
When
Rate.
J. A J. N. Y., Am.
do
J. A J.
do
J. A J.
do
M. A S.
do
J. A J.
loan
Kansas—
TNTTTC
6
6
6
6
6
do
School fund bonds
do
outstanding.
$....
1847
Interest bonds, inscribed stock
Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds
Bonds, short
notice of any error
discovered In
INTEREST.
Amount
224,000
23,000
86,000
142,300
Illinois—
Indiana—
Size or
par
Value.
Date of
Bonds.
DESCRIPTION.
For explanation
by giving Immediate
interest promptly,
without any offset;
in unproductive se¬
Massachusetts.—All interest on the fnnded debt
paid in coin.
The credit
of
of
nigh in London and at home.
During 1876
the funded debt was reduced
$336,000.
The sinking funds m January, 1876,
were
$11,725,309. The Hoosae tunnel has cost
the State about $17,200,079. Real estate assessed
1876,
$1,262.142 326;
persDnal, including
bank
shares, $538,405,162; tax rate. 1875, 1 06
The loan to B. II. A E. Railroad was
mills.
secured by deposit of $3,600,000 “Berdell” mortgage
bonds, afterwards exchanged for new stock. (V.
20, p. 336, 521; V. 21, p. 277; V. 22, p. 62; V. 23, p.
in
354.)
Michigan.—The debt has been
largely diminished
Assessed valnation of real
1876, $(>30,000,000, and tax
rate 2if mills.
Surplus revenue is applied to pur¬
chase of bonds. (V. 20, p. 139.)
in the last few years.
and personal property,
STATE
▼1
Subscribers will confer a great favor bj
SECURITIES,
[July 28, 1877.
discovered in these Tables*
giving immediate notice of any error
INTEREST.
For explanations see
1867
1868
1869
1873
1858
ao
do
do
do
coupon
Railroad Bonds (not recognized)
Missouri—
State bonds
Consolidated bonds
do
Funding bonds
Renewal bonds, coup., 5-.20s, (act Mch. 29, ’71)
Hannibal & St. Joseph Railroad
do
do
renewal
Nebraska—
Bonds (act Feb. 14,1877) coupon
Nevada—
State bonds
Territorial bonds
New Hampshire—
War loan, coupon bonds
do
do
Municipal war loan
State bonds
New Jersey—
War loan bonds, tax free
do
do
do
do
do
taxable
New York—
General fund debt -deficiency loan
Canal debt,
<
Under Art. 7, Sec. 3, of
stitution and Art. 7, Sec.
50,000
250,000
2,275,000
7
430,000
6
6
6
6
6
6
6
1877
1,000
506,360
8
A. A O.
State
1871
1872
1,000
1,000
160.000
800,000
9*2 A 10 Variorts
9 V M. A S.
State
1861
1864
1872
1873
1,000
100 Ac.
100 Ac.
2,206,100
1861
1863
1864
100 Ac,
100 Ac.
100 Ac.
800,000
000,000
1874
1875-6
1857 to ’75
1874
do
do
June, 1880....
Pennsylvania—
New bds, reg., tax fr.,
Inclined plane loan
(redeemable after 1892)
Coupon loan (except $53,000 reg.), April 2
do
April 2
do
May 4
Registered loan, May 4
Coupon loan (except $41,000 reg.) of April 19.
Stock loan of Feb. 2 (registered.)
do
do
(coupon)
do
do
(registered)
do
do
(registered)
do
do
(registered)
Agricultural College land scrip
Jihoile Island—
War bond
do
do
do
Minnesota.—All the State bonds are now held by
the
to
to
Minnesota has refused
recognize the “State Railroad bouds” of 1858
permanent school fund.
J.
o.
J.
o.
J.
o.
J.
o.
o.
New York.
do
do
do
do
do
11,407,000
A
A
A
A
A
A. A
J. A
A. A
A. A
4,072,640
2,400,000
6
6
J.
J.
J. N.
A J.
26,500
130,001
160,000
7
7
7
J.
J.
J.
A J.
A J.
A J.
8,000,000
5
F. A A.
J. A J.
383,045
44,000
majority. Taxable property, 1875, $218,855,743. of
which $45,162,487 was personal; in 1876, $218,850,741,
of which $45,302,485 was personal;
State tax,
2 -mills: tax for all purposes, 16 6-10 mills.
(V. 22,
1870...
63, 567; V. 24, p. 40, 170, 227.)
Missouri.—The equalized valuation of all real
and personal property in 1876 was $1,001,123,110.
The State had $1,428,000 bonds maturing in 1875,
and $3,007,000 in 1876.
To provide for these, a
law of 1875. authorized the sale of new bonds.
A
dangerous forgery of bonds to Pacific Railroad,
p.
guaranteed, has been found. Tne Hannibal A St.
Joseph Railroad provides for its own debt. (V.
22, p. 83, 501; V. 23, p. 135, 397, 493; V. 21, p. 171,
321, 542.)
Nebraska.—Of these the State school fund holds
$413,000. (V. 24, p. 204.)
Nevada.—The debt of Nevada is hardly more than
nominal.
New
Hampshire.— The debt of New Hampshire
created for war purposes, and is being gradually
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be applied to their
war debts.
Total valuation in 18»6, $199,080,353.
Tax rate, $2 per $1,000.
New Jersey.—The debt was created for war pur¬
poses. Of the first two classes of bonds the princi¬
pal is payable $100,00.) per year. Valuation of real
property in 1876, $145,918,221; personal $160,497, 340;
total, $596,914,707, against $612,731,094 in 1S75.
State tax, 3 mills.
was
New For*.—There is also $68,000 contingent debt
of Long Island Railroad, and $7,361 per annum for
Indian annuities.
The last of Bounty debt was
paid oil and $2,100,000 of general fund debt, April,
1877. An abstract of the Comptroller’s report was
1,000
6 85 8-
400,000
305,000
87,000
2,804,000
441,500
1,000
273,000
Ac.
Ac.
Ac.
Ac.
Ac.
7,423,400
369,000
00,400
9,251,850
723,950
1,000
1,000
980,000
1,000
631,000
1,000
738,000
1859...
1865...
1871...
1872...
1873...
1874...
1875...
1576...
.
.
.
.
.
.
.
.
.
J.
A
200,000
F. A A.
F. A A.
F. A A.
F. A A.
F. A A.
F. A A.
F. A A.
F. A A.
6
6
6
6
M.
A.
J.
F.
Real Estate.
Personal.
$1,097,564,524
1.158,327,371
1,532,720,907
1,599,930,166
1,644,379,410
1,692,523,071
1.750,698.918
1,960,352,703
2,108,325,672
$307,349,155
392,552 314
434,280,278
452,607,732
147,248,035
437,102,315
418,608.955
407,427,399
357,941.401
do
do
Jan., 1878 to ’84
Jan., 1886 to ’96
Jan., ’97 to 1902
July,
Oct.,
Dec.,
July,
Jan., 1900
Oct., 1898
Indefinite.
1898 to’99
Y., American Excli. B’k.
do
1884
1880
1880
Phila., Farm. A Mech. B’k.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
■
July, 1881
Jan., 1887
State Treasury,
do
do.
do
do
do
to ’99
to ’98
to’98
to’98
Oct., 1898
New York,
do
do
1877
1887
1,1883
July 1,1891
Oct. 1, 1892
1868
1868
1868
1868
Raleigh, Treasury.
1878
1893
Jan.
'
Feb.
1, 1902
April, 1879
July, 1882
July, 1882
Aug., 1877
Aug., 1877
Aug., 1878
Feb.,
Feb.,
Feb.,
Feb.,
Feb.,
1877 to ’82 |
1877 to ’82 1
1877-1882
1882-1892
1882-1892
Harrisburg Treasury.
...
in the
Jersey City,
-
*
5 g.
5 g.
5 g.
6
6
5
6
5
6
S. Providence, R.
do
do
do
0.
J.
A.
The following were valua¬
coups,
’69;
years
4 53-80
7 41-156
5 79-120
do
do
do
March, 1882
April, 1893
July, 1893
Aug., 1894
paid; “funding act ’66” carry coups. Jan.,
“funding act ^68” carry coupons April,
Ohio.— Ohio has a very small State debt, but
large local debts, amounting in 1876 to $36,059,978.
Valuations in 1876 were : Real estate iu cities, Ac.,
91;
6 95-100
$371,848,028; other, $704,940,269; personalty, $520,631,599. Tax rate in 1875, 3 2-10 mills for State, and
an
average of 25 9-10
mills for local purposes.
Report on State and local debts, V. 22, p. 64; V.
21, p. 17.)
7^
6
3 11-24
1S75-6, the tax rate was reduced
mills. This was partly owing to the con¬
siderable reduction in the Bounty debt, and the in¬
crease of sinking fund resources.
For 1876-7 the
Comptroller recommends a tax rate of 3 1-6 mills.
For the fiscal year,
Oi'egon.—The debt is provided for by sinking
funds, payable from land sales. Taxable property
in 1875 was assessed at $41,197,149; X mill tax
was
disapproves of the large increase in the assessed
value, as shown above, and claims that there has
not been a real increase in value to the extent
shown by the figures. Local taxation was $10,632,718 on town taxes, and $32,986,475 on county taxes,
making, with tke State levy, a total of $52,148,368
raised by taxation, of which $30,105,108 was in
New York City.
In 1874, the local debts of
cities iu New York State were $137,539,609: of
counties, $46,685,264, and towns, $25,140,181.
(V.
22, p. 63,471; V. 24, p. 17, 49.)
He
laid for Relief bonds and 1 mill for
Bounty
bonds.
Pennsylvania— The new 5 per cent loan of $8,000,000 was sold to take up maturing bonas. Total debt
Nov. 30, ’76, $22,978,950; available assets. $9,034,910;
net debt, $13,924,039.
No tax is laid for State
real estate, and revenue is raised
principally from corporations. Taxes are levied
on
personal property, which was assessed at
$159,318,817, and the tax was $574,817 in 1876. State
purposes on
expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds $1,754,321 in stocks and $8,300,000
cf railroad bonds. Interest has been paid in gold on
tte State debt issued prior to, 1867, but the bonds
paid off in 1877 are paid in currency. Any coupon
bonds may be changed to registered. The bonds
due in 1877 are payable at any time till 1882; those
of 1882 till 1892.
(V. 21, p. 137; V. 22, p. 64; V. 24,
p. 414, 421, 469.)
Rhode Island.—The debt w7as all created for war
heavily burden¬
ed with debt, in proportion to her taxable property.
Total property was assessed in 1872 at $123,507,628, a
low valuation. Interest is paid on bonds issued
to North
Carolina Railroad ($2,800,000), as the
State holds $3,00C. :00 stock and receives div¬
idends thereon. Other interest in default. A fund¬
ing bill passed the Legislature March. 1875. (See
V. 20, p. 336.)
In New York, bonds
are classified thus: “Old,” being those issued prior
to May 1, 1S61, coupons on from Jan. ’69; “N. C. R.
R.” issue of $2,800,000 to that road, conns, on since
Jan. & April, ’69; same “coup, off” have had 7
I. H. A T. Co.
’69. “ New ’’—authorized before war, except $1,500,000 in 1868; “Special tax, 1st,” carry coup. April,
’69; “ 2d ” coup, of Oct. ’69: “ 3d ” coup. April, 1870.
(V. 21, p. 570; V. 213, p. 599, 615, 647; V. 24, p. 17,226.)
State tax.
2%
to 3 11-24
North Carolina.— North Carolina is
Trenton and
do
do
A J.
A
A
A
A
or
do
do
do
41ag. J. A J.
500,000
given in V. 24, p. 17.
Year.
1879 to ’80
J.
A.
J.
A.
J.
6 g.
6 g.
6 <r
6 g6 «r
tions and tax rate for State purposes
1859 and 1865, and from 1870 to 1876 :
the amount of $2,275,(XX). A proposed constitu¬
tional amendment in 1877 provided for a settlement
with the holders, but was defeated by a large
do
6
6
6
6
6
6
6
6
6
1,000
1,000
1863
1864
July, 1878
Sept,, 1884 to ’89
Jan., ’92 to 1905
4,738,800
3,639,400
2,383,000
1,695,000
2,417,400
1,711,400
f,"o*6o
1863
do
do
Boston,
N. Y., Manhattan Bank,
do
do
do
do
do
do
do
do
do
do
do
do
100 Ac.
1862
Concord
J.
J.
J.
J.
J.
J.
0.
1870
50
500
50
50
50
March, 1887
do
A
A
A
A
A
A
A
100 Ac.
1852
1853
1867
1867
1867
1867
1867
1872
1881 and ’82
Treasury,
J.
J.
J.
J.
J.
J.
A.
100 Ac.
1849
1852
1852
1852
April 1,1897
Treasury.
6 g.
6 g.
100 Ac.
100 Ac.
1877
do
do
800,000
473,000
880,000
1,562,000
847,500
4,302,600
2,000,000
593,400
Oregon—
Bounty bonds
Modoc war bonds
Willamette Canal and Lock
1895-6
1887 to ’95
N, Y., B’k N. America,
A J.
A J.
A J.
1,000
1,000
1860
1856
July, 1894
J.
J.
J.
6
Ohio—
do
1877 to ’88
1877 to ’89
1889 to’90
1877 to’89
1876 to ’87
1876
6
6
6
a °
c3 aj
1,000
1,000
July, 1892
6
6
6
110,000
600,000
500,000
1873
1873
1866
1869
1867
1868
do
do
do
do
do
do
do
do
do
do
do
A J.
A s.
A J.
A J.
2§5
i 872
6
6
6
do
do
do
do
do
do
do
do
do
do
do
J.
M.
J.
J.
•
1,000
co
6
1883
1888
Y., Bank of Commerce.
J. N.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
6
tax)
Registered loan, payable after June, 1881....
Dec., 1887
1,528,000
2,071,000
784,000
1,000,000
3,805,000
1,518,000
1,482,000
6
do
' do
do
1,000
1,000
1,000
1,000
1,000
1,000
1,000
6
do
do
do
1,000
1,945,000
1,000
1877
1878
1879
1883 to 1903
St. Paul, Treasury,
J.
A J.
A J.
A D.
302,000
504,000
104,000
500 Ac.
500 Ac.
Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1898.
Special tax bonds
A
2,727,000
401,000
1874
North Carolina—
Railroad and improvement bonds, old
old
do
do
do
RR. and improv’t bouds, new (not special
do
do
do
do
Funding bonds, since war
ao
do
Whom.
J. A
.J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
1,000
1,000
1,000
1,000
1,000
1848
1875
Con¬
12.
A J.
J.
J.
J.
J.
1,000
1,000
1,000
1854 to ’59
1853 to ’59
1857 to’66
Southwestern Branch Pacific Railroad
J.
100,000
>ue.
Payable and by
Payable
7
7
7
$100,000
1,000
1872
1874
1854 to ’58
1857 to ’59
1859 to ’60
Bonds to Cairo & Fulton Railroad
Bonds to Platte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri
Where
When
Rate.
7
$1,000
1865 to *66
1868
University and Lunatic Asylum bouds
State Bank stock refunding
Bonds to North Missouri Railroad.
Amount
outstanding.
Value.
notes on first page of tables.
Minnesota—
State Building Loan
do
Size or
par
Date of
Bonds.
DESCRIPTION.
Chronicle,
purposes and is being steadily diminished.
The
valuation of real property in 1876 was $185,159,848,
i
and personal, $86,89;,928,
j $100.
and tax rate 15 cents
on
July
28,
Subscribers will confer a
?ii
SECURITIES.
STATE
1877.]
great favor by giving Immediate
notice of any error discovered In these Tables.
INTEREST.
Date of
bonds.
DESCRIPTION.
For explanations see notes
fdUi
on first page of tables.
South Carolina—
Funding bonds and
par
value.
1860
stock.*
outstanding.
receivable
Payment of interest
Funding bank bills...
Conversion bonds and stock
Funding bills
Land commission bonds
Fire loan bonds, sterling
,
do
stock, domestic
Bonds—Relief State Treasury
Reduction of Public Debt stock
Consolidated bonds, coup. (Funding
stock (Funding act)
do
50,&c
1,000
1,000
1,000
.
7,000
241,257
....
Dec., 1873
act)
1873
1873
4,023,000
Various
Various
149,254
PiiflPP.
New funding
bonds, act of 1873
Bonds registered, act of 1873
Fundable bonds and coup, not
. .
:
vet presented.
Bonds, registerable, not presented
Held by E.T. University (not to be
funded)...
J?&xcts—
;■ i
Funding State debt (act May 2,1871)
Frontier def’se,gold,act Aug.5/70(red’ble ’91)
Revenue deficiency bonds, act Dec. 2,1871..
Bonds, act Mar., 1874 (for paying fioat’gdebt)
Vet’n Pension bonds, act Apl.,’74, (red’ble’79)
Redemption of debt, act Aug. 6, ’76
Vermont—
War loan bonds, coupon
do
1874
Various.
Various.
g.
g.
g.
g.
g.
g.
g.
gg.
Virginia—
....
-
1,000
661,000
460,000
396,000
1874
100
1876
1,000
1,064,000
500,&c.
500,&c.
134,000
1874
5 & 6
16,194,000
75,000
697,000
500,000
1,000,000
1,153,974
1872
1871
1872
1851 to ’66
1851 to’66
1851
do
sterling, not required to be funded
1871
Consol. (Act Mar. ’71) coup, tax receivable—
1871
do
reg., coriv. into coup...
do
▼
1872
do
(Act 1872) coup., not receivable
1872
do
do
do
reg.,
1871
Deferred certificates (W. Va.)
1871
Interest on sterling debt, funded (Act 1871)..
Old bonds, 23 fundable, coupon
23
registered
do
do
Various
6
6,617,000
1,000
1,000
Various.
1862
1862
registered
Interest unpaid Sept. 30,
1,000
1,000
1,000
500&C \
Vari’s $
£100&c
100,&c.
100,&c.
100,&c.
100,&c.
Various
Various
’76, on debt proper.
&
&
&
&
&
&
&
&
&
finances
J.
J.
J.
J.
O.
O.
J.
J.
withthoseof July, 1874, and Jan.,
do
do
do
July 1,1887 to’97
July 1,1875 to ’70
July 1,1888
do
do
July 1,
London.
Columbia.
J. & J. Columbia & Fis. Agen.
Q.-J.
J.
J.
J.
& J.
& J.
& J.
J.
J.
& J. N.
& J.
July 1,1888
July 1,1889
July 1,1882
do
do
do
do
pleasure.
1877 to '86
1871 to ’80
Columbia and New York.
Columbia, Treasury.
Columbia and New York.
do
do
J.
5, 514, 6
i868
July 1,1868
1888
N.Y.
New York or Columbia.
do
do
5
6
6
7
7
7
10
9
6,401,285
_
J.
g.
g.
g.
g-
&
Various N.Y"., Donnell. LawsonA Co.
do
do
M. & S.
do
do
J. & J.
do
do
J. & J.
State Treasury.
J.
J.
J. & J. New York & State Treasury.
1875, together
1875, remaining
State
Boston, N. B. Mut. Red’n.
J. & D.
J. & D.
(
6
l
9
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
2,331,250
18,239,600
1,997,415
2,021,000
1,196,786
15,239,370
212,833
1,676,827
5
6
6
6
6
6
•
-
—
Comptroller, in
Fourth Nat. Bank.
J. N. Y.,
6
6
137,000
Y., Fourth Nat. Bank,
do
do
....
February,
1876, reported total funded debt $4,249,757; floating
debt, $543,137, and bonds of doubtful validity
remaining in hands of State Treasurer, $812,210.
The valuation of taxable property in 1875 was
$250,853,759, against $241,841.860 in 1874. Tax rate,
50.
From the Comptroller’s report we have the
paid in September, 1876. The law
passed In March, 1S73, provided for funding
all
outaumding,
legally issued bonds, due
between July 1, 1874, and July 1, 1884, as well as
all past-due coupons, and coupons maturing on following statistics for 1875:
or before January 1,
1874, in a 10-40 year 6 per Total value of taxable property assessed. $250,853,798
The general committee for South¬ State tax
cent bond.
1,254,354
ern State debts (Geo. S. Coe,
Esq., chairman), Poll tax
*
198,322
reported a plan for adjustment by “scaling” 40 per County taxes
1,959,194
cent and issuing new bonds. The debt of solvent Miles of RR. in the State ass’d for taxes...
1,487
railroads is $3,458,145, and total debt, less that Value of railroads
$16,605,122
amount, $22,852,011, including $129,020 outstanding Number of acres of land assessed in the
warrants.and $2,088,746 past-due interest, against
State
66,637,920
which $95,636 is owed by solvent railroads. The Value of lots assessed in the State
44,666,937
State’s endorsements for railroads are $1,802,000. of
which $1,560,000 is taken care of by the roads. (V. 20, p. 84; V. 22, p. 281; V. 23, p. 452; V. 24, p.
Bonds to amount of $75,000 are now over-due, and 535.)
$80,000 more fall due in 1877; these are fundable at
Vermont.—This State has a very small debt—all
the option of the Legislature. Total valuations in
1876 were as follows: Land, $183,228,365; town lots, created for war purposes. Of the registered bonds
were
do
Q.-J.
$57,578,261: other taxables. $37,213,908;
Texas.—The
%
due,
At
Columbia, State Treasury.
Q.—J.
J.
J.
J.
J.
A.
A.
J.
J.
J.
total in 1876,
against $283,038,583 in 1875. The Comp¬
approved Dec. $278,020,531.
troller estimated resources for 1877 at $1,376,490;
22,1873, provided for scaling down the old debt by
ordinary expenses, $707,200; leaving $669,290 ap¬
giving new bonds to the extent of 50 per cent, ana plicable to interest on the bonds, for the full pay¬
declared void the conversion bonds to the amount ment of which about $1,200,000 would be required,
of $5,965,000.
The January, 1876, interest was but the rate of taxation was reduced from 40 cents
paid on consolidated bonds in April, 1876. The in¬ on the $100 to 10 cents by the Legislature, in
terest due in July was only paid in part.
Law March, 1877, which rendered all estimates nugatory.
for payment of interest of January and July, 1877,
Tennessee bonds, sold in New York as “old,1’
passed in May. Total valuation of all property—in are those issued before 1862; “New,” issued since
1876, real estate. $86,187,120; personal, $40,598,376;
railroad property, $6,347,142, making a total of 1862; “New Series,” the new funding bonds. (V.
$133,132,638, or $10,193,497 less than in 1875. Rate 21, p. 87, 313, 614; V. 22, p. 472; V. 23, p. 16, 397; V.
of taxation in 1876, 11 mills. (V. 21, p.489, 614; 24, p. 40, 112, 289, 519.)
V. 23, p. 40; V. 24, p. 199, 445, 495, 543, 557.)
So. Carolina.—The Governor’s message on
in V. 24, p. 397.
The funding law
Tennessee—Vho coupons of July,
whom.
Payable
g.
g.
due.
payable and by
July
i, i893T
July 1,1893
4,797,608
Railroad endorsements
Yh
3
6
6
6
6
9
6
6
6
6
5
9
7
6
6
6
289,172
192,000
238,933
469,000
72,000
149,000
242,350
451,000
13,000
481,944
151,780
Where
When
Rate.
$17,411
1854
1868
1868
1868
500,&e.
1869
500,&c.
1869 to ’70 500, &c.
1838
1838
1869
Railroad bonds.:
Principal—when
Amount
or
Various
1794
1836 to’61 Various
1853 to ’54 $1,000
State stock
State House stock
do
bonds
Blue Ridge
Size
July 1, 1914
1875 to 1900
1900
1875 to 1900
Various.
1891
1911
1892
March 1,1904
1894
July, 1906
Dec.
,1877-78
1890
Montpelier, Treasury.
New York.
Richmond, Treasury.
London, Baring B. <fe Co.
Richmond, Treasury.
•
do
1886 to '95
At pleasure
1886
1905
1905
,
do
do
Contingent
1905
London, Baring B. & C%
The
$135,500 are held for Agricultural College,
sinking fund, Aug. 1., 1876, was $135,932.
Virginia.—'These
amounts
are
exclusive
of
bonds held by Literary fund and Sinking fund.
The Funding act of 1871 provided that coupons
of the funded bonds should be receivable for
State taxes. For 2-3 of the old bonds a new bond
was
issued, and for the other >£ a deferred
certificate given (as the proportion due by West
Virginia).
The act of 1872 amended that of 1871
by not allowing coupons to be received for taxes.
The sinking fund holds $2,446,983 of State bonds
and certificates.
All interest over-due and unpaid
to September. 30,
1876, (on the basis of 4 per
cent) was $1,676,827, which included coupons from
Jan. 1, 1875.
Assessed value of real estate in lb76
$242,756,548, against $251,573,611 in 1873. Per¬
rate, 5 mills. The
receipts and expenditures for fiscal year 1875-6, were
as follows: The revenues amounted to $2,679,339.
They exceeded the average annual receipts of the
previous six years by $201,276, and they exceed¬
ed the receipts of the fiscal year 1874-5 by $161,549.
was
sonalty in 1876, $78,560,940. Tax
The disbursements were as
follows:
For ordinary expenses of government...
For extraordinary expenses
For public free schools
For interest on debt
Balance not expended
Total
$975,232
138,432
443,000
1,105,305
17,318
$2,679,339
for 1876-77 should he the same, the
on full interest account for the year would be
about $600,000. (V. 19, p. 295, 502, 526, 582; V. 20, p.
14, 306, 356, 375, 547; V. 2l, p. 527, 604; V. 23, p.
599.)
If the
deficit
revenue
CITY SECURITIES.
Subscribers will confer a great favor
by giving Immediate
[July 28. 1877.
notice of any error discovered In these Tables*
INTEREST.
Date of
Bonds.
DESCRIPTION.
For explanations see notes on
first page of tables
Albany, N. Y.—
Albany & Northern Railroad loan
'
1854
1864
1866
1870-’71
1870-’76
Relief of drafted men
Purchase Congress Hall Block
City Improvement
■Washington Park
,
1874
New Post Office site
1875
High School
Water stock
Additional supply
Bonds loaned to Albany & Susquehanna
1851 & ’52
1874-’76
RR..
Albany & W. Stockbridge RR.
do
Augusta, Qa.—
Bonds for various purposes
City bonds, tax free
Baltimore—
Consolidated loan of 1890
Water loan
Consolidated bounty loan
.Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore & Ohio RR
One million loan to Pittsb. A Conuellsville RR
New
City Hall
do
do
do
do
Consolidated loan
Court house loan
Railroad
Valley Railroad
Patterson Park extension
Water loan
Endorsements for Western Maryland
do
Union Railroad
do
proper
Municipal loan
Water loan bonds, coup.
(Act Feb. 22, 1875).
European & North American Railroad
Bangor
Piscataquis Railroad
Boston—
Renewal city debt, sterling
For city purposes, war debt. «Scc
do
do
do
Burnt district, sterling loan
Consolidated street improvem’t,
$1,000
$244,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
46,000
151,000
540,000
604,000
118,000
80,000
250,000
700,000
1,000,000
103,000
6 de 7
7
7
6
6 de 7
6
6
....
sterling loan.
for water works
Water loan bonds, gold, coupon or reg.... —
Brooklyn—
Debt of Williamsburgh, local improvement..
Brooklyn local improvement loan
Square loan
Soldiers’ aid fund loan
Third street improvement loan, local
Mount Prospect
in Albany County in IS 6, by local as¬
Real estate, $)7,<>39,8'8 ; personal,
$5,30 ,151; total, $52,310,019. In 18 6, total equal¬
ised valuation by State Board, $58,460,770.
Tax
property
sessment. was:
rate, 2‘49.
Augusta.—Ot this debt, $600,000 was issued for
for canal enlargement,
railroads, aud balance
water works, &c.
Baltimore.—The fiscal year of
with Oct. 31. The city credit has
tensively to railroads, in exchange
Baltimore ends
been loaned ex¬
for their securi¬
ties, which it holds to a large nominal amount. The
sinking fund for Baltim >re <& Ohio RR. $5,000,000
loan is $1,848,878; West Maryland Rulioad sinking
fund, $157,601; and the total of the several o;her
sinking funds, $6,0 2,lt.8. The Balt. & Ohio Rli.
interest on $5,090,00.i loan; Water loan is paid
by income of water works, and Public Park by City
Passenger Railway, and out of a total debt of
$^3,343/251, only $16,554,018 is dependent on the tax
levy. The net debt over productive assets is given
at
6,690,14), against which are held $4,‘.70,007 of
unproductive a-sets. The assessed value of prop¬
erty in 1877 is $255,560,097; tax rate, $175 on
the $100 for city purposes, and .171^ for State. Pop¬
ulation in 1870 was 267,354, against 212,418 in 1860.
(V. 22, p. 580; V. 23, p. 514; V. 24, p. 12.)
pays
Bangor, Me.—The valuation of real and personal
property is $11,052,211; rate of taxation, 2‘50 per
cent.
The loans to European & North American
Railroad and to Banror & Piscataquis Railroad are
secured by first mortgages on those roads.
M. de
J. de
F. de
M. de
M. de
M. de
M. de
F. de
F. de
M. de
J. de
6
6
6
7
7
7
Various.
1854
7,306,546
5,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1872
100 &c.
100 &c.
100 &c.
100 &c.
100 iSic.
100 &o.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 Ac.
100 &c.
100 Ac.
100 &c.
100 die.
1873
1872
100 dec.
6
6
6
6
6
6
6
6
6
6
6
5
5
6
6
6
6
6
6
5 de6
6
6
1858 to ’72
1874
18751860
1860
1,000,000
500.000
036,661
92,400
800,000
2,000,000
1,000,000
473,000
200,000
663,000
1,375,000
117,000
100 dec.
156,000
1,000
100,000
500 dec.
1,000
1,000
May, 1879
June, 1880 to ’84
Feb., 1885 to ’94
March, "78 to 1900
Nov., 1910,11/12
New York.
do
N.
D.
A.
S.
N.
N.
N.
A.
A.
N.
J.
Boston, Merchants’ Bank
New York.
do
do
do
do
do
do
Boston.
Various
Augusta.
A. de O.
do
May 1,1878 to’85
Feb., 1881
1893-1906
1895-’97
July 1,1876
1877 to’89
1900
July X, 1890
Balto., Farm, de Plan. Bank.
Mechanics’ Bank. At will after 1875
do
Sept. 1, 1893
do
Sept. 1, 1893
do
Sept 1, 1890
Jan. 1, 1895
do
Jan. 1,1890
Q.-J. Balto., Farm. & Plan. Bank.
Jan. 1,1886
J. de J. Balto., N. Mechanics’Bank.
July 1, 1884
Q.—J. Balto., Farm, de Plan. Bank.
do
do
April 15, 1900
Q.-J.
March 7,1902
do
do
Q.-J.
Q.-J.
1885
At will.
do
do
Q.—J.
Q.-J. Balto., N. Mechanics’ Bank.
Q.-J. Balto., Farm, de Plan. Bank.
J. de J. Baltimore,Register’s Office.
J. de J. Balto., N. Mechanics’ Bank.
do
do
Q.—F.
A. de O. Baltimore,Register’s Office.
July 1,1900
Feb. 1, 1894
Jan. 1, 1902
April 9, 1900
Oct. 31, 1886
Maroh 8, 1892
do
do
July 1, 1894
Balto., N. Mechanics’ Bank. Jau. 1 ’90 & 1900
Jan 1, 1895
Baltimore, Franklin Bank.
M. de S.
J. de J.
J.
J.
de J.
de J.
Various Boston, Merchants’ N.
Boston or Bangor.
J. de J.
J. de J. Boston, Merch’ts’ Nat.
do
do
J. de J.
do
do
A. de O.
6
6
6
6
6 de 7
375,000
1,000,000
814,000
Whom.
M. de N. Balto., N.
do
M. de S.
do
M. & S.
do
Q.-M.
do
Q.-J.
.
1,000,000
1,015,300
....
•
Due.
Payable and by
Payable
1,836,250
128,500
B’k.
B’k.
1877 to’92
1,1894
July 1,1905
Jan. 1,1894
Jan.
April 1,1899
-
1852 to ’64
1864 to ’76
1873
1860
1860 to ’64
1861 to’69
1857 to’73
1862 to ’76
1866 to ’73
£100 dec
1,000
1,000
£100 dec
£100 dec
1,000
Various.
500 dec.
1,000
Various.
Various.
1858
1,000
1,000
1865 to’71
1871
£100 dec
1872
1868 to ’70
1,000
1871 to ’74
1,000
1871
1875 to’77
1876
1,000
1872 to ’75
1,000
1871 to ’74
1,000
1875-’76
1,000
1859 to ’61
1861
1857
1865
1867
1866
Gowauus canal improvement loan, local
1865
do
do
do
Bush wick avenue
1866
do
do
South Seventh stre< do
1867
do
do
do
Union street
1862
do
do
do
Fourth avenue
1867
do
do
do
do
1867
do
do
Wallabout Bay
1860
do
do
Kent avenue basin
1870
New York Bridge loan, registered and coupon
1876
Bonds for N. Y. & Brooklyn Bridge, cp. or reg.
Prospect Park loan, registered and coupon ... 1860 to ’73
1860 to ’72
Prospect Park loan
:
Albany.—The loan to Albany & Susquehanna
is secured by 1st mortgage.
The valuation of
Rate.
250 &c.
500 &c.
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864
Where
When
Various.
1876
1853
Roxbury debt, assumed
Dorchester debt, assumed
Charlestown debt, assumed
Mystic water debt, assumed
Brighton debt, assumed
West Roxbury debt, assumed
Water loan, new main. Brookline Reservoir...
do
Chestnut Hill reservoir.
do
renewal of loan due ’70-71, all reg.
do
do
’72-73
Water works, Roxbury, coupon aud registered
do
Roxbury & Dorchester
do
Dorchester, all registered
do
W. Roxbury & Brighton, all reg
reg....
do
do
Additional supply water
Various purposes,
outstanding.
.
Principal—When
Amount
Size or
par
Value.
RR. 1...
Bangor, Me.—
.City debt
1865
1841
1870
1874
1872
Funding hum
do
Western Maryland
Jones’ Falls
,
15,337,000
4,097,603
3,516,587
5, 5*2, 6
417,450
7
5 & 6
5 de 6
109,500
1,195,000
1,228,000
450,000
5
6
6
5
6
6
6
6
5
6
6
5
394,000
2,044,000
688,000
1,949,711
700,000
415,000
375,000
357,000
100,000
648,000
426,000*
3,452,000
138,000
1,000
1,000
1,000
213,000
90,000
552,000
302,000
260,000
233,000
278,000
260,000
190,000
231,000
544,000
427,000
1,000
3,000,000
2,350,000
1,000
1,000
8.017.000
1,217,000
-
6*2 de 7
6*2 de 7
233,641
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
5 g.
6
5 g5 g-
g.
g.
Various Boston, Treasurer’s Office.
do
do
Various
A. de O. London, Baring Brothers.
do
J. de J.
Various Boston, Treasurer’s Office
do
do
Various
do
do
Various
do
do
Various
do
do
Various
do
do
Various
do
do
A. & 0.
do
do
Various
do
do
A. de O.
A. de 0. London, Baring Brothers.
Various Boston, Treasurer’s Office
do
do
Various
do
do
9
J. de J.
do
do
Various
do
do
A. de O.
do
do
Various
do'
do
Various
do
do
A. de 0.
*
g.
g.
Brooklyn.
J. de J.
M. de N.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
J. de J.
6
7
6
7
6
7
7
7
7
6
7
7
7
7
6 de 7
7
6
population of Boston in 1870 was
292,497, against 177,840 in 1860; in 1875 it was, 341.919.
Valuation of real property in 1876, including the re¬
cent annexations, was $526,145,700 against $558,769,500 in 1875; and personal, $222,732,400, against $234,998,400; upon which the rate of taxation is $12 70
per $1,090—$11 68 of this for city and$l 02 for State
purposes, against a total of $i3 70 per $1,000 in 1875.
The total debt, both funded and unfunded, at the
close of the last fiscal year, April 30, 1S77, was
$43 ,590,497, and the sinking funds, bonds, mortgages,
&c., $16,101,074. In March. 1877, the city anditor
gave his estimates for the revenue lequired for the
coming financial year, 1877-78. commencing May 1,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
]
assumption of
meeting the actual wants of the municipality, ex¬
cluding the Cochituate Water Works, and without
to the ordinance pending as to paying
regard
balances of appropriations to the sinking fund*.
The tax per each $1,000 will be $13 07, to $12 70
per $1,0C0 last year, supposing that the valuation of
property is reduced to $100,000,0 0, as suggested by
the Mayor.
The following is a comparison of
the appropriations granted by the City Council, and
This estimate was based on an
income to be
received, compared with 1876-7:
Appropriations.
Income
Percentage...
1877-8.
1876-7.
$10,267,258
$11,219,387
$7,*93,158
$8,279,487
236,946
248,385
2,369,100
2,939,900
Placing the tax to he mid ,to the
the t&x warrants
$8,527,872
State at $619,110,
exhibit the following result:
April, 1893
July, 1899
1877 to ’84
1877 to’81
1877 to ’93
1877 to ’94
1878 to '81
1877 to ’91
Oot., 1878
1877 to ’99
April, 1901
Oot, 1902
1880 to’99
1901 to 1903
Jan., 1901
1905 to 1907
April, 1906
1902 to 1905
1901 to 1904
1905 & 1906
1879 to ’81
1891
CD
•
ft
_
-
a
2
2£i
co
a
a a
1887
1885 to'94
1881
1877 to ’90
1877 to'90
1877 to ’90
1877 to’86
1877 to ’95
1877 to ’95
1877 to ’90
3
1879
1901 to’24
1907 to 1908
1915 to’24
1915 to’24
0
V
)
1876-7.
1877-8.
$8,527,872
742,932
$8,137,104
619,110
City and County
State, 1877
$8,754,214
$9,270,804
During the last forty years, with two excep¬
tions, the taxable valuation has shown an annual
increase.
Brooklyn.—'The above bonds were
March 31, 1817There are
Nat. Guard bonds due
message, January
as follows:
outstanding
also $27,000 7 per cent.
The Mayor’s
1880-81.
1, 1817, made the
whole city debt
$27,143,000
Permanent loans..
4,530,129
Sinking funds
$22,647,870
Balance
King’s Co. debt (City’s share)
Loans chargeable on specified property
Tax certificates.
Total net debt.
.
3,991,729
11,068,500
1,900,000
$39,578,100
Mayor stated that, the debt increased in 1876
$781,623, chiefly owing to the law charging only 7
—The
per cent
interest on unpaid taxes.
Population in
1860. Valuation of
by the local assess¬
ment, was $223,389,621 for real estate, and $14,882,265 for personal; total real and personal, $238,271,880.
In 1874 the State Board of Equalization
1870, 396,2)0, against 266,661 in
property in King’s Co. in 1876,
value of real estate was
The debt of Kings County, separate
Irom the debt of Brooklyn, is $4,181,821, of whieh
the city is responsible for nineteen-twentieths.
Average tax rate in 1R76. $3 24 per $100. against $3 44
in 1875. (V. 20, p. 520; V. 22, p. 589; V. 24, p. 68.)
estimated that the true
$426,393,740.
$3,135,104
1877 to ’87
1877 to '95
3
Boston.—The
1877.
July, 1878
London, Baring Brothers.
41gg. J. de J.
583,205
3,973,800
28,
July
1877.]
great favor by giving
Subscribers will confer a
bonds.
explanations see notes on first page of tables.
Brooklyn—( Continued)—
Permanent water loan
do
Sewerage
,
do
fund bonds, continuous,
do
do
S’tli B’klyn
Buffalo & Jamestown Railroad
Buffalo New York & Philadelphia
•
Railroad...
do
1,000
100,000
750,000
2,779,382
100,000
51,500
297,700
281,500
debt...
Cook County debt
OincinnatiTo build Eggleston avenue sewer
B2
Loans to Railroads
F, A, G, H, I& M
Bonds to O.& M. HR. to purchase wlif. prop.N
Bonds for erection of a Workhouse
Bonds for Water Works
C2&C3
Bonds for Common School purposes
P
Bonds to O. &M. RR. to purchase whf. prop. .N
Bonds for ext. and impr. Water W. .C, D. & E
Bonds for funding floating debt
A2
Bonds for new Hospital
S&S2
Bonds for funding floating debt
L
Extension and improve. Water Works.. .K &F
Bonds to purchase Orp’n Asyl. grds. for park.O
Bonds for sewerage
R
Bonds for improving Gilbert avenue
U
Bonds to build Eggleston avenue sewer....B3
Bonds for improvement..
W
Bonds for Water Work purposes
C4&C5
General improvement
_W2
Cincinnati Southern RR
do
do
^
do
do
gold and currency..
Floating debt bonds, coupon
Park improvement
500 &e.
500 <tc.
1855
1868
1868
1860 to ’61
1855
1847 to ’50
1847 to ’48
1867-’68
1853
1853
1858
1869
1869
1869
1871
1871-’72
1871
1872-’74
1874
1876
1874
1875
1875
D1
.......
6 p. ct.)
Main sewers, special assessment
Street improvem’ts do
.
Street openings, &c. do
Canal lock
Detroit, Mich..-
Bonds for various City purposes
Bonds for Water Work Co., on city’s credit...
Public Building stock (City Hall) bonds
Publio sewer bonds
700,000
300,000
315,000
150,000
•1874
968,000
419,000
200,000
679,800
1,365,100
983,600
Consolidated improvement bonds
Buffalo.—The funded debt, January 1, 1876, was
$6,743,199, and floating debt, $39ri.092. In 1875 real
and personal property were assessed at $39,968,105;
in 1876 rule of valuation changed and assessment
was $111,995,905.
Buffalo also pays 7-10 (being
$712,390) of Erie county debt. City tax-rate, 1875,
$35 55 on the $1,000. Since June 1, 1817, coupon
bonds have been exchangeable for registered. (V.
22, p. 233, 521; V. 23, p. 135.)
89,000
250,000
....
684,000
272,500
....
1,000
1,731,000
1,000
755,000
90,000
66,000
2,162,000
1,000
1,000
1,000
,
Year.
Population in 1870 was 3'6,605,
$27,978,991; rate of tax. 2 per cent.
$4,672,663.
Chicago.—The total funded debt at the close of the
1876 was $13,436,000.
Old time warrants,
year
Revenue
time
warrants,
J1,261,890.
ssessed value
of real
$131,222,property,
1876, $2,274,393.
460; personal, $36,815," 18—total, $'168,038,178.
Tax
rate, 18 mills. This is the Illinois State valuation,
and the ci y debt is limited to 5 per cent of that. Or
the funded debt, $4,577,000 is on account of the
Water Works, which last year yielded an income
of $817,106. Condition of finances April
and total floating debt outstanding given in
Message, V. 24,
Year.
3862
1866
1869
71....,,
p.
1, 1877,
Mayor’s
Assessed Value.
>
Real Estate. Per. Estate.
,
$31,587,545
66,495,116
140,857,040
174,505,410
211,3 <1,240
223,643,600
236,898,650
Tax
Rate.
$5,552,300 $15 00
20 00
19,447,941
13 00
51,392,604
14 00
53,939,469
15 00
54,653,640
15 00
52,342,950
52,847,820
10 00
,
& J.
Various
Various
J. & J.
Various
Various
Various
J.
$31,411,812
78,736,482
123,427,888
119,621,856
121,479,280
57,370,754
56,934,044
55,461,410
1675.. 125,976,835
do
do
do
do
May 1,1880*’92
Various
Various
A. & O.
,
Tax
Rate*
18 00
18 00
18 00
45.155,830
48.295,941
36,815,718
and in October, 1876,
—The
1894 to ’95
1893 to’95
1877 to *88
1878. '83 A *84
1877 tora
1877 to’84
1877 to’85
1896
Bk.
Bk.
L. & T. Co.
■<,
do
do
do
do
Various
1887 to ’92
Exch. Nat. B’k.
Various N. Y., Farmers’
7
7
7
7
7
1878 to’95
1878 to’94
1877-’81
Various N. Y., Metropolitan N.
do
do
Various
Various N. Y., Metropolitan N.
do
do
F. & A.
do
do
do
do
city will be the sole owner
June
1,1907
1876 to’89
1876 to 1906
1879 to’Ol
1892 to »94
1877
1880
1881
1877
1885
to^l
to ’95
to *93
to »86
to ’96
.
of the stock of the
which is leaded to &.
formed to operate it. (V. 23, p. 379, 514;
Cincinnati Southern Railroad,
company
V. 24, p. 11;
V. 25, p. 16.)
property for
18 15-20 mills,
interest and
The sinking fund, January, 1878,
sinking fund.
amounted to $1,700,000,
market value.
The
sewer,
street improvement and street opening
bonds are for special local improvements, ana
redeemed by assessments on the property beoeCleveland.—The total valuation of
taxation is $73,562,237 and tax rate
of which 7)4 mills are levied for
fltted.
the
-
city of
1875:
181,950,074
Detroit, Mich.—'The population in 1370 was 79,601:
by State census, 101,063.
The value ol
waterworks is $1,589,688, againBt a debt of $1,100,(XXL
The water works bonds are issued on a pledge
of the city credit, and $75,(60 per year
lected in taxes to pay interest on them.
As¬
sessed valuation, 1875, real estate, $20,225,875;
in 1874,
col¬
personal,
$7,448,755-total, $27,774,630; true value
Tax rate, $3 92 per
estimated at $92,582,100.
$100.
Rate tax
184,498,565
$61,620,904
do
A D. N. Y., Am.
58,521,730
1860..
1870..
1871..
1872..
1873..
1874..
July, 1895
1881 to ’99
do
do
do
do
do
do
do
do
do
do
do
64,166,460
estate.
1880 to *95
1890 to ’95-
Exch. Nat. B’k.
do
do
do
Various
$17
31
22
20
23
estate.
Y., Metropolitan Bank.
J.
$93,032,716
136,107.236
180,361,932
175,084,296
135,645,740
Year.
N.
Various N. Y„ Am.
do
Various
$1,000.
Personal
1890
City.
-
Total
valuation.
Real
New York
1874 to "79
1890
Ohio, exhibits the assessed valuation of the
Cincinnati in the year 1860 and from 1870 to
443.
1875 to ’98
1883 to ’84
do
New York and Boston.
issues above
named, there remain several smaller amounts, as fol¬
lows: $108,000 5s. November, 1885; $56,000 (YY2, <fc
O.) 6s,1886-88; $17,000 6s (Q.), Nov., 1890; $27,000
6s (A.), Mar., !.fc97; $50,000 (H2.), Aug., 1897; $50,600
(Z.), Nov.. 1888. Bjr the census of 1870 population
was 218,900, against 161,044 in 1860.
Tax rate for
1877, $29 09 per $1,000. Sinking funds are $136,440,
against $7,200,000 of old debt. The following table
from the books of the Auditor of Hamilton Conntv,
addition to
July 1, 1878-*81
& J.
Sinking funds
Cincinnati.—In
July 1,1896
Prior to 1936
J.
407;66l, against 109,260 in 1860. The So. Park, W.
Chicago Park, and Lincoln Park loaus are not
Charleston, 8. C.—The bonds of Charleston are debts’ of the city, but of distiuct corporations.
mostly held within the State of South Carolina. (V. 21, p. 207; V. 22, p. 457, 544; V. 23, p. 622; V.
The total assessed value of property in 1813 was
24, p. 443.)
reduce the total debt to
1893 to 1895
1881 to 1893
1878 to 1926
1877 to *82
July 1, ’82 to ’95
July 1,1880
$45,042,541 $15 00
18 00
262,969,820
49,103,175
131,222,460
1876 to 1895
New York and Boston.
do
do
do
do
do
do
do
do
do
do
do
do
&
&
&
&
&
&
$239,154,890
258,549,310
8*
1880
1875
1877
Dec., 1878
& D. N. Y., Am. Exchanire Bank.
1878 to’84
do
tlo
Various
Nov., 1885
do
do
M. & N.
June, 1888
do
do
J. & D.
1888 A 1889
do
do
Various
Jan., 1890
do
do
J. & J.
Nov., 1890:
do
de
M. & N.
April 1,1896
do
do
A. & O.
March, 1897
do
do
>
M. & N.
1897
do
do
Various
Jan., 1900
do
do
J. & J.
June & Oot., 1900
do
do
Various
March, 1908
Cincinnati.
M. & S.
Sept., 1899
M. & S. N. Y., Am. Exch. Nat. Bk.
Sept., 1899
do
do
M. & 8.
Oct., 1899.
do
do
A. & 0.
March 1,1886
do
do
M. & S.
Aug., lSSO-^
do
do
F. & A.
Dec. 1,1891
do
do
J. & D.
July 1, 1902
do
do
J. & J.
July 1, 1902
do
do
J. & J.
May 1, 1906
New York or London. „
7*3 M. & N.
May 15,1904
M. & N. N. Y„ Am. Exoh. Nat. B’k.
Jan. 1, 1896
do
do
J. & J.
Aug.,’85, ’90 A ’95
do
do
F. & A.
Assessed Value.
125,468,605
3
J.
J.
J.
J.
J.
J.
Real Estate. Per. Estate.
1873
1874
1M75
1876
OD
P, cCCO
from date.
from date.
from date.
& J.
7
7
7
1,301,000
1,000
§§1(h
g
3 years
3 years
3 years
J.
J.
J.
J.
J.
J.
J.
7
125,400
® -3 o "
& J.
7
6 &7
5
114,000
1876
1875-76
1877
r
1881 to 1908
•
J.
6 & 7
6 & 7
7
7
6
7
6 <fe 7
7
6 & 7
1,725,000
1,597,000
1871 to ’74
1870 to’75
1872 to ’73
1865 to ’66
1875-’76
Market House bonds
7
7
50,000
1,000
1,000
1855 to ’59
1855 to '76
1859 to’71
1872 to ’74
Elizabeth, N. J.—
Improvement bonds....
Funded debt bonds
School House bonds
-
750,000
due.
J.
7 3-10
6
6
7 3-10
7 3-10
6
6
6
6
7 3-10
6
6
6
7 3-10
7 3-10
7 3-10
7 3-10
7
7
7
7 3-10
210,000
250,000
300,000
99,000
195,000
397,500
146,500
f-s
.
M. & N.
9,300,000
6,000,000 6g. or
7
1,000,000
1,000
500 &c.
1,000
1873 to’75
1864 to ’71
1868
1860 to’76
Viaduct
7
60,000
175,000
100,000
150,000
150,000
100,000
136,000
450,000
600,000
1854 to’75
1854 to’74
1872 to ’74
Infirmary and River dredging
640,600
4,191,500
1
500 &o.
Charleston.
J.
J.
<fe J.
” Various
7
500 <fcc.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Q.-J.
'
7
1,075,000
500 &c.
Buffalo and New York.
Buffalo.
Buffalo and New York.
do
do
N. Y., Gallatin N. Bk.
Buffalo & New York.
do
do
600 000
150,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1868
1842 to ’54
Various
Various
Various
Various
J. & J.
M. & 8.
J. & J.
2,000,000
1,000
1870 to’72
1863 to ’72
7
7
7
7
do
do
do
do
do
do
do
....
6
7
7
6
7
7
87,000
2,550,000
2,621,000
178,000
3,423,000
1,000
1,000
improvement bonds
•
Municipal bonds
Municipal and School bonds
Temporary loan for one year, April, 1877
South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Div.)...
3,660,000
500 &c.
M.
J.
J.
J.
J.
J.
J.
J.
6
7
917,000
500,&o.
1,000
1,000
]
Brooklyn.
N.
J.
J.
J.
J.
7
6
7
7
7
7
7
7
7
6
6
7
7
4,119,093
&
&
&
&
&
&
&
Principal—when
payable and by
whom.
payable
6
6
7
199,493
-
*
Water-works bonds
Cleveland—
Water works ($250,000 are 0 p. ct.)
Funded debt ($100,000 are 6 p. ct.)
Lake View Park
Canal
Viaduct, street and bridge ($550,000
School (*299,000 are 0 p. ct.)
House of Correction
2,209,250
1,000,000
1853 to ’54
1866
do
.
1,000
1,000
1,000
1,000
....
Sewerage bonds
River
1,190,000
....
1853 to’75
1873 to ’75
1871 to ’73
1868 to ’76
1876
1876
1876
27681781
works bonds
Water bonds, coupon
Park bonds (Act May 17,1875)
Tax loan bonds
Charleston, S. C.—
City stock
.*
City bonds, coupon
Fire loan bonds, coupon
Conversion bonds, to redeem past due
Chicago—
Water loan.
Water
618,000
842,000
Where
When
Rate.
$319,000
9,706,000
1,985,500
1,368,000
200,000
4,559,000
1,000
1,000
1,000
1,000
1,000
1,000
Assessment fund bonds, continuous, local —
1870
Central and Knickerbocker av. sewer bonds..
1873
Boulevard bonds
1872 to ’73
Temporary tax certificates
Buffalo, N. Y —
Funded debt bonds, various purposes
outstanding.
1,000
local
discovered In these Tables.
INTEREST.
Amount
$1,000
1872
1857 to ’72
1872 to’75
Deficiency bonds
immediate notice of any error
Size or
par
value.
Date of
DESCRIPTION.
For
IX
CITY SECURITIES.
per
45
60
20
10
06
23 38
28 82
of the city of Eliza¬
stated at $4,820,000, as fol¬
Elizabeth,N. J.—Total debt
beth Jan. 1, 1877, was
debt,
lows: General
$927,000; assessment
debt,
consolidated debt, $2,162,000. Estimated
true value of real and personal property, $32,806,000;
assessed valuation, $16,000,000. Tax rate is $2 88
within the lamp and water district, and $2 36
outside.
Population in 1875, 25,000.
$1,731,000;
SE0UBITIE8.
CITY
Subscriber* will confer
[July 28, 1877.
discovered in these Tables.
great favor by giving immediate notice of any error
a
INTEREST.
Date of
Bonds.
DESCRIPTION.
For explanations see
notes on first page of tables
Amount
Size or
outstanding.
par
Value.
Bate.
Where
When
Payable
Principal—When
Due.
Payable and by
Wliorn.
11
Galveston, Texas-
I
-
Bonds for harbor
1869 to ’74
Bonds for various purposes
Galveston County bonds, G.
1873
1860 to ’74
1876
improvement
City park bonds (purchase of block 321)
'
C. & 8. F. RR—
Indianapolis—
Loan
bonds, series B
do
Bonn bonds
do
C
1875
1874
Purchase-money bonds—Southern Park
bonds—By Board of School Comm’rs.
Jersey City—
Water loan bonds, mostly coupon
School
do
do
Forty-year bonds
Improvement bonds
do
do
Morgan street dock
City bonds, coupon
Funded debt bonds
Hudson City bonds
Bergen school loan bonds
do
do
sewerage
1873
.
do
do
do
do
bonds
improvement and water bonds
do
bounty loan
Greenville street improvement bonds
Ten-year bonds, coupon or registered
Louisville, Ky.—
1852 to’67
1869 to ’73
1877
1873
1871
1872 to’74
1870
Various.
1872
Various.
1869
1869
1869
Various.
Various.
1876
1852
1854
1857 to’67
1873
For Jeffersonville Railroad stock
Subscription to stock of L. & N. RR
Water works
do
For improvement
1866 to’67
1873
1871 to ’73
1853 tu’70
1868
1871
1868 & ’73
of streets
Re-constructing street
Public buildings and institutions
Public school and school houses
Sewer bonds
do
.Elizabeth & P. Railroad
Wharf property
Jail bonds
For old liabilities
do
do
’54,’62,3,8
1868
Louisville, New Albany & St. L. Air Line RR.
Change of gauge, Louisv., Cin. & Lex. RR
Road bed
do
do
$71,500
35,000
766,500
400,000
....
J.
M. & S.
Various
J.
City bonds payable by railroads
Memphis, Tenn.—
School and paving bonds
1869
1870 to’74
1871
1871
1871 to’73
1851 to’63
500
500
145,000
300,000
300,000
300,000
200,000
109,500
1,000
100,000
1,000
1,000
1,000
1,000
1,163,000
3,109,800
255,000
622,000
1,866,000
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000
1,000
1,000
1,000
1,000
Funding loan, gold
Mississippi River Railroa d bonds
Endorsement Memphis <fc Little Rock RR
.
500 &c.
1,000
1,000
1,000
1,000
Various
l,000&c
l,000&c
1,000&c
Various
500 &c.
249.000
150,000
....
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1867 to’68
Post bonds
1867, ’8, ’9 500 &c.
1870
1,000
1857
1,000
1861
1871
1876
500 &c.
6
73
7*3
73
73
73
8
6
7
6
7
7
7
7
6 & 7
7
7
7
7
7
7
7
7
6
6
6
7
6
7
7
6
149,000
404,000
-
1,350,000
76,000
201,000
600,000
650,000
234,000
81,000
42^,000
1,993,000
352,000
136,000
90,000
614,000
500,000
107,000
350,000
1,508,000
6
7
7
6
6
6
7
7
7
7
6
787,500
6
2,354,000
341,000
6
Re-adjustment bonds
General city bonds
do
do
Water bonds, coupon
do
registered
City debt, D, E, F
Bonds to Mobile & Great Northern Railroad..
Bonds to Mobile A Al. Grand Trunk RR
To Mobile & Northwestern Railroad
funding bonds (act March 9, 1875)
Nashville, Tenn.—
Nashville & Chattanooga Railroad
Various city bonds
I®'
1,000
1872
1,000
1,000
1872
10,000
1866
1859
1870
1871
1875
100 &c.
J. & J. N.
Various
J. & J.
J. & J.
M. & N.
Various
J. & J.
Various
J. & J.
Various
J. & J.
J. & J.
J. & J.
Various
J. & J.
J. & D.
1849
1866 to ’76
Bonds, various city purposes (s. fund of 1859)
bonds, floating debt, &c. (s. fimd of 1864)
War
Public school bonds
Clinton Hill bonds, coup. & reg. (s. fd. 3 p. c.).
8ewer and improvement bonds (local liens). .
Aqueduct Board bonds
Tax arrearage bonds (sink, fund $65,293)
New Orleans—
Consol, debt ($650,000 applicable yearly)
Railroad debt
Waterworks loan of 1869
loan of 1869
loan of 1870
Galveston, Texas.—The total city debt is $873,000,
which all are 10 per cent, currency except
$106,500.
1876
1852
1854-55
1869
1869
1870
J. & J.
J. & J.
M. & N.
6
6
1,000
1,000
1,000
1,000
1,000
1,000
73,000
1,890,000
500,000
6 & 7
6 & 7
7
7
7
7
7
....
400,000
2,500,000
3,030,000
412,000
4,381,000
1,128,000
830,500
1,230,050
653,650
6
6
5
7
7
& J.
&
&
&
&
&
Indianapolis.—-The assessment of taxable prop¬
or a levy of $1 35 per $100. Total debt
June 30,1875, was $1,455,000. The School Board is
$510,026,
distinct organization from the city, created by a
separate act of the Legislature; levies its own tax,
which is collected by the City Treasurer. The city
warrants are discounted when sold.
The floating
■debt of this character, Jan. 1, 1875, was $200,000,
payable during this year.
a
Jersey City.—The total bonded debt of the city,
April 1, 1877, was stated at $14,737,450. The sinking
fund was $770,000.
Assessed valuation, including
railroad property, in 1875, $88,496,885. on which the
tax rate is $2 68 per $100 on $68,496,855, and 1 per
•cent on railroad property assessed at $11,000,000.
Population by State
census
in 1875
was
116,883,
gainst 85,000 by U. S. census of 1870. (V. 22, p.
\
Louisville.—The funded debt, January 1, 1877,
exclusive of railroad loans, was $3,258,000, against
$3,330,0i'0 Janu ry 1, 1876. Of the $8,258,000 there
is payable
out of the sinking fond $3,740,000; pay¬
able by special tax, $4,518,000.
Population by
census of 1870 was 100,750, against 68,033 in 1860;
now oatimated npon tko basis of 7 to a voter makes
120.000. Assessed value of property, 1876, $71,849,772.
Rate ot taxation for all city purposes in 1875 was
—Eastern district, $2 27 ou $100; Western Dietrict.
$2 33; State tax, 45c.
The following figures give
for the past six
the assessed propertv valuation
years. For 1870, $70,800,712; for
1871, $76,845,995;
interest since Jan. 1, 1873.
The total floating debt
Jan. 1, 1877, was $2,145,491, of which $657,825 was
overdue interest, and there were nominal assets
(unpaid taxes, &c.) to balance this of $2,207,424.
of debt with
the dollar, is
given in V. 24, p 387. Assessed valuation of real
estate, 1875, $19,329,600; per-onal, about $6,500,000.
Tax rate, $2 per $100. Population in 1870, 40,230.
(V. 21, p. 186, 570; V. 23, p. 379.)
Milwaukee.—The city cannot issue debt beyond 5
per cent of its average assessed value for five years.
In 1876, valuation was $38,743,422 real, and $14,931,763 personal property; tax rate in 1875, 27.64 mills.
Sinkiog funds are provided for all the bonds.
There is also about $47,000 scrip issued to settle
old railroad bonds.
Population by State census,
1875, 101,000. (V. 23, p. 622.)
Mr>bile.—The valuation of property in 1876 is $12,894,825 real estate and $5,377,716 personal property:
tax rate, 1)4 per cent. Interest has been in default
since July, 1873. A settlement with bondholders was
offered by Act of March 9. 1875, viz.: $510 in 6 per
cent bond for $1,000 of the old 8 percent.
The 5
per cent bonds have a lien on city revenue, and
exchange for these was offered at, 75 per cent of
their face.
(Jp to January, 1877. there had been
settled, of old bonds, all except the amounts out¬
standing, as above given, and $12,000 5s and
$60,500 8s of other issue-. A further adjustment is
again suggested by the Auditor under a law of
Alabama passed in 1877, which provides that “ the
municipal authorities of any city, town, or enun y
in this State, against which there may he outstand¬
An outline of proposed settlement
creditors, at the rate of 55 cents on
1892 to’94
June 8, 1900
Various.
July 1,1896
Various.
Jan., ’98 to 1900
July, 1889
July 1, 1879 & ’89
Various.
Various.
June 1,1886
April, 1882
April, 1883
1887, ’89, 91
March 1,1883
1886,’ 96, ’97
July 1, 1903
1891, ’92 & 1903
1883 to’89
July, 1898
June, 1901
-
1888 & 1903
1878 to 1898
Oct. 1, 1898
1889
1880, ’94 & 1901
Sept., 1891
Feb. 1, 1880
July, 1901 & 1903
1881 to’93
1873 to 1902
1873 to 1900
Charleston, 8. C.
July, 1872
June
Jan.
Juno
Jan.
Jan.
Y., A. Goettel.
do
do
do
do
July, 1899
1901
Nsv., 1905
1875-77-79
1876 to’94
New York.
New York and Nashville.
New Orleans.
do
do
do
do
*
°
1,1891
1, 1901
1, 1896
1, 1902
1, 1902
1875 to’86
1885
J.
Mobile, Bank of Mobile.
do
do
J.
J. N. Y., Merchants’ N. Bank.
do
do
J.
N. Mobile, Mob. Savings Bank
J. & J.
Various
J. & J.
M. & 8.
J. & D.
1872, $77,156,642; for 1873, $77,225,372; 187
$78,295,114; 187 5, $75,536,812; 1876, $71,849,772.
July 1, 1907
July 1,1913
May, 1891
Nov., 1900
Various
Newark, City Treasury.
do
do
Various
do
do
A. & O.
J. & J. Newark Meek. Nat. Bank.
do
do
M. & 8.
do
do
Various
do
do
F. & A.
for
Jan., 1877 to ’95
1899 to 1913
do
Various
Various
279,000
1,035,000
59,300
133,000
134,000
1,1889, to’90
July 1, 1893
July 1, 1894
July 1, 1894
July 1, 1895
Jan. 1, 1S99
Oct. 1, 1878
Memphis.
Myers & Co.
N. Y., P. M.
do
J.
J.
J.
J.
M.
1,000
1,000
1,000
'
J. & D. Milw. and N.
do
J. & J.
do
=■
J. & I).
do
J. & J.
do
J. & J.
1,650,000
1,000
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
5
7
7
7
7
152,000
....
Y., Merch. Ex. N. Bank.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Jan.
do
do
do
do
do
A. & O. N. Y., Mercantile N. Bank.
do
do
A. & O.
N. Y., Bank of America.
Various
do
do
M. & 8.
Louisville.
Various
N. Y., Bank of America.
J. & J.
do
do
Various
Various New York and Louisville.
J. & J. Louisville, City Treasurer.
N. Y., Bank of America.
J. & D.
do
do
Various
Various Louisville and New York.
do
do
A. & O.
do
do
J. & D.
do
do
Various
N. Y., Bank of America.
M. & 8.
do
do
F. & A.
do
do
J. & J.
Various New York and Louisville.
Memphis, Tenn.—The city has been in default for
erty in 1874 was $67,301,546; taxes for that year,
1875
-■=
350,802
242,000
100,000
429,000
1,171,000
500
1,000
do
do
do
do
do
J.
8
8
8
8 g6
1,000
City Treasury.
N. Y., Winslow, L. & Co.
•
7
Newark—
of
do
Newr York.
& J.
Jan.
J. & J.
J. <\c J.
J. & J.
J. & J.
J. & J.
A. & 0.
Mobile/—
Seven per cent funding
Seven per cent funding
•
70,000
300,000
Milwaukee—
New
1880 to’87
1892 to 1902
1874 to’95
1906
Galveston.
do
& J.
U
■
^
:
1869 to ’70
1873
1874
1874
Bonds to railroads
Loan bonds, series A
10 g.
8
10
10
*
1877 to’93
1878 to’91
April, 1888, to’ 91
July 1, 1895
1879 to ’93
1876 & 1892
1886
July
1, 1892
1874-5 & 1894
Jan.
1, 1899
March 1, 1894
June
1, 1895
ingindebtedness, of any kind, are hereby authorized
and empowered to settle and fund any such
indebtedness upon the best terms they can obtain
Without increasing the liability of any such munici¬
pal corporation.” Population about 38,000. (Y. 20,
p.
302.)
Nashville, Tenn.—At the close of the fiscal year,
Sept. 30, 1876, there were $132,500 of past due bonds
and $180,000 unpaid coupons. The total debt was
$1,671,724. Assessed valuation of all property, about
$13,625,775; tax rate, 1876, 2 per cent.
Newark—The bonds in the first line in the table
payable out of the sinking fund of 1859, which
to $113,263; those in second line out of
sinking fund of 1864, $930,588; public school bonds
are
amounts
out of
public school fund, $94,402; Clinton Hill bonds
by sinking fund, $27,769, against local improve¬
ment bonds the city holds $,2,676,368 of assessments
unpaid and a lien on the property. Temporary loan
bonds, Jan. 1, 1877, were $1,027,200. Valuation of
real and personal property, 1876, $97,116,004. Tax
rate
1876, $1 90 per $100, against
Population in 1870, 105,059.
for all purposes,
$1 98 in 1875.
funded debt. April, 1876,
$20,872,332: certificates, coupons unpaid, &c.,
$671,781: other floating debt,$1,145,325. The assessed
New Orleans.—The total
was
valuation of property for 1877 is $109,669,889, real
and personal.
State tax, 14)4 mills; city tax.
15 mills; total tax, 29)£.
A scheme for settling
the debt by a bond premium drawing plan is in
and drawings take place January 31, April
15,- July 31, and October 15. Population in 1879,
191,418; In 1860. 136,670.
(V. 21. D. 64, 86, 159,
278, 511, 613; V. 22, p. 471,'615; V. 23, p. 128, 135,
practice,
397.
5
Jolt 28,
CITY SECURITIES,
1877.]
sabierlberi will confer a great
*
xi
N
notice of any error diecovered in these Tables*
favor by giving Immediate
INTEREST.
For explanations see notes on
first page of tables.
New Orleans— ( Continued)—
Jefferson City (debt assumed)
1872
1871
—
claim
Various.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
1869
100 Ac.
1857 to ’59 100 Ac.
100 Ac.
1856
1858 to ’71 100 Ac.
100 Ac.
1870
100 Ac.
1860
1865 A ’68 100 Ac.
100 Ac.
1869
100 Ac.
1876
100 Ac.
1870-’73
100 Ac.
1869
100 Ac.
1869 ’70
100 Ac.
1870-’73
100 Ac.
1869
500 Ac.
1870
100 Ac.
1869-’77
100 Ac.
1809-’70
100 Ac.
1869
100 Ac.
1871
100 Ac.
100 Ac.
100 Ac.
100 Ac.
1871
100 .Ac.
1871
100 Ac.
1871
100 Ac.
1871
100 Ac.
1872
100 Ac.
1874
100 Ac.
1876
100 Ac.
1873
1874 ’
1841 to ’63
1872
1846 to’69
1865-6
1870 to ’76
1871 to’72
1865 to’74
1866 to ’70
Additional new Croton Aqueduct.
Croton water main stock
Croton Reservoir bonds
11862.430957 874.23659
Croton Aqueduct bonds
only due ’98)
stock
Floating debt fund stock
Market stofk..;
City Cemetery stock
City improvem’t st’k (part red’mable after ’90)
do
do
-
Lunatic Asylum stock
Fire Department stock
Fire telegraph bonds
Tax relief bonds
do
do
coupon
N.Y.Bridgebds ($1,380,000 red.after July,’90)
Accumulated debt bonds
Street improvement bonds
Street opening and improvement bonds
Ninth District Court-house bonds
Department of Parks improvement bonds
Assessment bonds....
City parks improvement fund stock
Normal school fund stock
Public school building fund stock
Additional Croton water stock
Sewer repair stock
.»
Consolidated stock
do
20-50 (redeemable July’96;
Museum of Art and Natural History stock
-
Improvement of Third avenue—23d ward
County Court-house stock
do
do
No. 3...,
No. 4 & 5
Soldiers’ bounty fund bonds
8oldiers’ subs, and relief red. bonds
Soldiers’ bounty fund bonds, No. 3
Soldiers’ bounty fund red. bonds, No. 2
Riot damages red. bonds
:.
indemnity bonds
do
Assessment fund stock
do
do
do
do
do
do
Repairs to buildings stock
Consolidated stock, gold, coupon
Accumulated debt bonds
N. Y. and Westchester Co. improvement bonds
Consolidated stock
For State sinking fund deficiency
Debt of Westchester towns annexed
100
100
100
100
100
100
100
100
1873
100
1874
100
1875
100
1870
1871 to ’72 500
1869 to ’70 100
1870
1864
1864
1865
1865
1864
1864 to’72
1868 to ’72
.
I
....
trust fund
paving
on
1871
water works.)
Philadelphia—
Bonds issued prior to consolidation
1855
do
for railroad stock subsidy subscript’us
1855 to ’71
do
for water works
1859 to ’70
Bonds for bridges
1868 to ’70
do
for park and Centennial
'
York,
January 1, 1877, was $14S,1<'7,557; the amount of
sinking funds $28,179,102. The following statement
New York City.—Yhe total debt of New
Year,
Funded debt
Jan. 1,
’75; Jan. 1, ’76.
Jan. 1,’77.
$
$
119,056,903
27,748,307
119,631,313
118,241,557
Sinking funds... 26,615,778
28,179,102
91,625,779
91,308,596
91,452,211
21,322.200
22,371,400
Revenue bonds...
2,707,500
4,142,925
6,104,844
The population of New York by the U. S. census
in 1870 was 922.531, against 805,658 in 1860. Since
Jan. 1, 1861, the valuation, rate of taxation, and
net funded debt at end of year, have been as fol¬
lows:
^-Rate tax p.
Net
Real
Personal
$1,000.—,
Funded
Year, estate.
estate. State. City.
debt.
$
$
$
174,621,306 3 62
172,416,081 3 87
191,967,161 4 27
223,920,505 5 31
181,423.471 4 96
257,994,974 3 94
276,389,451 4 67
285 199,972 6 73
281,142,696 2 72
305,285,374 2 70
306,947,233 4 43
306,949,422 5 20
292,51*7,643 5 41
16 36 f 20,087,301
13 45 J, 21,695,506
16 06 ’g 26,185,190
17 29 § 33.769,601
24 94 ^ 35,973,597
19 06 ^ 33,654,683
22 03 •§ 32,914,421
70 17 a 35,983,647
519 98 *53 47,791,840
19 80 » 73,373,552
17 90 S 88,369,386
33 81
250,000
3,550.000
4,095,000
970,637
490,000
450,000
3,341,071
399,300
3,849,800
5,643,000
2,748,000
296,000
75,000
1,971,931
7,269,400
700,000
521,953
597,586
2,767,000
3,000,000
2,880,000
6,500,000
3,661,739
l.OOOyOOO
300,000
3,804,200
13,628,800
5,614,000
200,000
636,000
900,000
265,000
8,779.700
1,902.850
850,000
65,000
394.000
Real
estate.
323,250
488,475
1,240,000
2,400,000
600,000
4,000;000
946,700
745,800
376,600
1,000,000
855,204
1,719,400
492,700
100,000
900,450
8
7*3
7*3
7 g.
7 g-
10
5
Various
J. A D.
F. A A.
New Orleans.
do
do
New York or London.
do
do
New Orleans.
A. A O.
1907 to 1915
1907 to 1911
1880
1887 & 1898
rH
Q.-F.
be
Q.-F.
Q.-F.
Q.-F.
j=i
M. A N.
<v
July 1, 1898
©
1887 & 1895
Nov. 1, 1901 to
.
7
7
5 A 6
7
6
7
7
5, 6 A 7
7
5, 6 A 7
6
6
5 A 6
6
6
5 A 6
6
7
5 A 6
5
5
5
6
7
5 A 6
6
6
7
7
6
6
6
7
6
6
6 g.
7
6
7
7
500,000
8
6
6
6
.—Rate tax p.
Personal
$1,007.—.
estate.
State. City.
'
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
xM. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
J. AD.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
J.
I).
M. A N.
®
1894 & 1897
1888
O
flnl
1889 & 1926
.
pP
1889 & 1892
1889
tH
O
St*
1889
1884
1879
1890
1905 A 1926
1884 to’88
gf
<0 O
1877, ’78, ’88
1879 to’82
3 aq
fi S
1890
Nov. 1,1877 to '80
Nov. 1,1877 to’80
Dec. 23, 1901
Nov. 1,1891
Nov. 1,1891
Nov. 1, 1891
Nov. 1,1882
1894 to ’96
o”
•
.
^
K
I*
•»
CO
o
G2
P4
r*
May 1,1916-’26
©43
e3
W 13
1903
Nov. 1,1877 & ’79
Nov. 1,1890
Jan. 10, 1880
—
July 1,1877 to ’79
£ «
3
Nov.
'
O ft
W,Q
c£
J.
J.
J.
J.
J.
(JO
© *H
■gS
>>
1903
eS
P<
1877-78
1910
m
•H
1884 to’88
1896 to 190 L
1884 to *8®
1891
43
GO
<v
u
+->
p
1896
1877 to’89
A J. Pliila., Far. A
do
A J.
do
A ,T.
do.
A J.
do
A J.
Net
Funded
debt.*
S
21 05 115,187,969
40—' 1*6,773,721
00—- 119,811,310
50—^
Anexiract from Mr. Green’s statement, made in De¬
cember, 1876. in regard to the city finances, is in V.
23, p. 585.
The outstanding assessment bonds (pay¬
property benefttted)
represented by advances to contractors, ad¬
vances on Boulevard work, and uncollected local
assessment*. (V. 20. p. 14, 29; V. 21, p. 86: V. 22,
p. 63, 568; V. 23, p. 135, 160; V. 24, p. 40, 158; V. 25,
1878 to’85
Norfo'k.—The bonds due April, 1892, are two
series—series 1st, issued to A. M. & O. RR. and
Raleigh & Gaston RR.; series 2d, to private parties.
Both series are secured by deed of trust on city
property.
Coupons of 1st series are payable at
Citizens’ Bank; coupons of 2d series at Peoples’
National Bank. Tax rate, $1 60; water tax, 40 cts.,
(special); total rate, 2 per cent.
Philadelphia.—The total funded debt, January
the city for 1876 were
Jan.. 1894
Sept., 1890
April, 1892
July, 1893
May, 1901
do
do
1877 to ’85
)
\ 1877 to 1903
do
)
Mech. N. B’k
do
1877 te1905
$14,165,240, classified as follows: Judgments, Ac.,.
$744,277; interest on city loan, $3,740,733; interest
on
endorsed warrant*, $299,497; sinking funds,
$805,345; warrants of previous years. $6,063,340;
amount paid on loan warrants. $1,539,110;
erec¬
tion of
public buildings, $74,079; school fund,
$8,593 State tax on settlement, $38,646; cash for
the
departments, $809,943.
The Comptroller’s
statement to form a basis for taxation in 1877,
was issued Nov. 1. 1876, making total estimated
Of this amount $9,159,269
liabilities, $29,364,029.
sources than
was estimated to come from other
taxes, leaving $20,204,759 to be raised by taxes,
at a rate of $35 per $1,000 on full city property,
nis estimates, however, were materially reduced,
by the Councils, and the tax rate was put at
$2 25 for full city property.
The following tableexhibits the assessed valuation and tax rate in the
city since 1870:
are
17.)
1,1878 to’80
1877 to ’92
1884 to’88
1894 to ’98
1883 to ’90
1880 to’81
1895 to’97
1891
1877 to'79
1882
1887
aS
J. A J. Norfolk, Treasurer’s Office.
do
do
J. A J.
do
do
M. A S.
A. A 0. Norfolk, Cit. & Peop. Banks
J. A J. Norfolk, Treasurer’s Office.
M. A N. New York, Park N. Bank.
5 A 6
6
’&
May 1, 1878
Q.-F.
6
6 A 7
7
5 A 6
7
6 A 7
6
6
4,853,500
8,701,600
disbursements of
Aug. 1, 1884
Aug. 1,1900
Nov. 1, 1900
a
o
_Q
Q.-F.
bracing about 12,000 acres, were annexed to New
York. The report of Comptroller Kelly to the N. Y.
Legislature is given at some length in Y. 24. p. 158.
Total
1879 &18&0
Nov. 1, 1902
1883 & 1890
M. A N.
1,
1877, was $55,569,871; guaranteed debt, $5,599,400;
’f 95,582,153 floating debt, $11,721,101. Sinking funds, $11,376,000.
19 59 1106,363,471
April 1, 1881
•3
Q.-F.
*
Less
The tax rate for 1877 has been placed at $26 50, to
raise $28,484,269.
By an act of 1874 the towns
of West Farms, Morrisania and Kingsbridge, em¬
p.
Deo., 1880
Aug. 1, 1911
July 1, 1922
July 1, 1922
7 A 6 g. M. A N.
6
6
8
8
8
able out of local assessments on
1887 to 1897
'
Q.—F.
Q.—F.
6
6
7
6
5
6
28,500
202,700
226,500
189,300
6 95
'—29
'—28
'—26
Whom.
M. A N.
5, 6 A 7
5, 6 A 7
1,051,864
1,725,000
6,500,000
Pay’ble
Q.-J.
Q.-J.
Due.
and by
Q.-F.
5 A 6
6 A 7
5 A 6
6
14,702,000
6,000,000
30,000
1,680,200
3,509,545
1,250,000
6,630,021
Where Payable
When
Rate.
100,000
$
272.481,181
217,300.154
218 626,178
206,028,160
sinking funds.
$
Temporary debt.. 20,854,700
Net debt
2,900,000
$
shows the details of funded debt, and the amount
in the city sinking fund at the dates named:
Description.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac,
Ac.
Ac.
Ac.
Ac.
100
100
100
100
100
100
18701872
1873
mort.
500,000
349,091
—
....
1874
water (a
Ac.
Ac.
Ac.
Ac.
Ac.
1874
1874
Norfolk, Va —
Registered stock
Coupon bonds
do
do
do
do
500
500
500
100
100
1877
1875-6
1876
1862 to’68
1871
1872
Liquidation of claims and judgments
Central Park cons, improvement bonds
do
do
2,414,000
1874
Third District Court-house bonds
Armories and drill-rooms
■
580,000
59,000
336,000
138,000
548,200
10,633,540
do
Croton water stock
New Croton Aqueduct stock
Croton water pipe bonds
*.
Cent. Park fluid stock ($275,000
do
do
Central Park improvement fund
Dock bonds..
$122,500
1,000
1,000
1,000
1871
1872
Consolidated gold bonds (general series)......
do
do
(drainage series)
Ten per cent bonds, deficit and old
New premium bonds (in exchange)
New York—
Water stock
outstanding.
1870
lessees)
Prinoipal—When
Amount
$....
’57, ’67,’70
Wharf impr. bonds (assumed by
Street improvement bonds.
-
Size or
par
Value.
Date of
Bonds.
DESCRIPTION.
Year.
1870..
1871..
1872..
1873..
1874..
1875..
1370..
1877..
.
...
Real
Estate.
Personal
$470,851,800
$8,188,873
491,844,096
502,415.863
518,234,568
539,003,602
565,849,095
585,408,705
593,313,532
Estate.
8,592.786
8,608,819
8,960,700
9,239,983
9,434,873
10,004,673
9,755,000
Rate Tax:
per
$1,000
$18 00
^2°
20 80
21 50
22 09
21 50
21 50
22 5t
maturing in the
There is no large amount of city debt
next five years.
Assessed valuations for 1877
Full city property, $545,036,521; tax rate,
suburban property, $38,252,980; tax rate,
are :
$2 25;
$1 50: farm
property, $19,779,031; tax rate, $112#. Population
1870, 674,022, against 565,529 in I860.
SBCUBITIE8.
CITY
XU
Staibforiberi will confer a
great favor by giving
| July 28, 1877.
immediate notice of any error discovered, in these
INTEREST.
Date of
Bonds.
DESCRIPTION.
For explanations see
notes on first page of tables.
JPhiladelphictr- (Continued). •-
Size or
par
Value.
Rate.
Where
When
Whom.
Pay’ble
J.
J.
J.
Principal—When
-
Phila., Far. A Mech. N. B’k
A J.
A J
A J
$11,650,000
Water extension loan (coupon or registered).. 1868 to ’74
1845 to ’72
Funded debt and other municipal bonds
1863
Compromise
railroad bonds (coup, and reg.)..
Bonos impr. Penn.av., Ac. (local assessment). 1871 to ’73
4.413.400
2,241,000
2,179,469
5,028,800
A. A O.
Philadelphia.
Various Pittsburg, Phila. A N. Y.
J. A J. New York, B’k of America.
Various
Philadelphia.
M. A N.
J. A J
Boston, Foote A French.
Boston, Columbian Bank.
500 Ac.
787,000
700,000
450,000
1,350,000
2,230,300
m’nthly
Boston and Portland.
lOOOAc.
lOOOAc.
LOOOAc.
lOOOAc.
1000«fec.
£100
300,000
2,000,000
2,000,000
1,500,000
1,400,000
15,509,750
5.599.400
Pittsburgh—
PdYtland, Me.—
Loan to Atlantic A St. Lawrence
do
do
do
Railroad Co. ’68,’69,’70
Portland A Rochester Railroad
do
do
Portland A Ogdensburg
Municipal—proper
1867 to ’69
1872
1872
1852-75
Providence, R. /.—
Bonds for public improvements
Recruiting and bounty bonds
Water loan bonds, gold, coupon and
do
do
do
do
sewer loan b’ds,
reg.
do
do
City Hall &
sterling, cp. or reg
Prov. & Springfield RR. bonds, guaranteed..!
Rochester, N. Y.—
To Genesee Valley Railroad
1855
1863
1872
1874
1876
1875
1872
Fundlug loan
San Francisco—
Bonds of 1858, coupon (gold)
San Francisco A St. Jose RR., coupon
(gold)..
1,000
■Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon (gold)
Western Pacific Railroad,
do
oo
School bonds,
do
do
Judgment bonds,
do
do
School bonds
do
Park improvement bonds.
Hospital bonds
House of Correction bonds
'
City Hall construction
Widening Dupont St. (Act March 4, 1876)
Savannah, (la.—
Construction of water works
Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes
Redemption of bonds
do
BOnds for
do
city improvements
1875
1858
1862
1863 to ’64
1864
1865
1866 to ’67
1867
1870 to’72
1874
1872 to ’75
1871 to ’73
1874
1875 to’76
1876
1853
1853
1853
1866
1869
1870
1870
1872
5 A 6
M.
J.
J.
J.
J.
J.
600,000
A
A
A
A
A
A
500,000
lOOOAc.
Various
lOOOAc.
To Boch. A State L. and R. N. & P. Railroads.
For various city improvements
Water works loan, coupon and registered
1,000
500 Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac
500 Ac.
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500 Ac.
100 Ac.
1,000
500
1,000
1,000
Harbor, Ac., improvements
500 Ac.
1873
For floating indebtedness.
SL Joseph, Mo. —
500
Bonds to St. Joseph A Denver City RR., 1869. 1860 to’69
500
1869
do
Missouri Valley Railroad
Due.
Payable, and by
1862 to *65
1860 to'70
Bonds for war and bounty purposes
do
municipal, school, sewer, &c
Guaranteed debt, gas loans
c
Amount
outstanding.
1877 to 1905
do
do
do
do
1883 to 1905
1893 to ’98
1877 to 1912
1913
1883 to'85
Nov., 1886,’87,’88
Providence.
S.
.do
J.
J. Boston, Prov. and London.
J N. Y., N. City Bank, A Prov.
do
do
J
J. London, Morton, Rose A Co
Providence.
.
J. A J. N. Y., Metropolitan N. Bk.
F. A A. New York and Rochester,
do
do
Various
N. Y., Union Trust Co.
J. A J.
do
do
172,000
750,000
1,065,000
3,182,000
410,000
542,000
105,000
435.500
377,000
250,000
197,000
246,000
385,000
200,000
475,000
210,000
150,000
750,000
915,000
J. A J.
Various
A. A O.
J. A J
M. A N.
A. A O.
A. A O.
J. A D.
J A J.
J. A J
M. A N
J. A J
J.
A J
198,000
64,500
937.500
368,800
F.
M.
J.
J.
A
A
A
A
A
A
A
A
A
M.
117,000
349.500
J.
M.
J.
J.
534,000
500,000
400,000
#
do
do
do
do
do
do
do
do
do
do
-do
do
July, 1887
July 1, 1897
1907
1877 to '91
Sept.,
Jan.,
Jan.,
1885
1893
1000
Jan., 1900
July 1,1906
July 1,1895
1892
1878
to 1903
1876 to 1902
Jan. Ij 1903
Jan. 1, 1888
1877 to’78
Oct 1, 1883
July 1, 1894
1897 A 1904
1891
July 1,1894
Nov. 1,
1899
1896
do
•
Y., Nat. B’k Commerce,
Feb., 1878
Nov., 1883
Dec., 1888
Feb., 1886
Nov., 1879
June, 1890
Nov.. 1900
Jan. 1 1902
July 1, 1903
1880 \o ’89
Nov., 1889
1878 to'89
1858 to’69 100 Ac.
500
1871
431.500
150,000
299,400
500,000
1846 to ’71 Various
Renewal and floating debt bonds
Real estate, buildings and general purposes.. 1840 to ’68 Various
1851 to ’66 Various
Street improvement bonds
1856 to’58 Various
Water work bonds (old)
1868
1,000
Tower Grove Park bonds (gold).
1855 to’69
1,000
Sewer bonds
1852 to ’68 Various
Harbor and wharf bonds
1867 to ’70
1,000
New water work bonds (gold)
1872
do
do
do
1,000
1871 to’73
1,000
Renewal and sewer bonds (gold)
1873
1,000
Renewal purposes, gold or sterling
1875
1,000
Renewal, &c., bonds, gold, $ and «£
1874
1,000
Renewal, &c., bonds, gold or sterling, coupon.
500
1872
Bridge
1,950,000
1,249,000
166,000
336,000
346,000
885,000
1,219,000
3,950,000
1,250,000
681,000
1,074,000
707,000
2,072,000
461,000
1878 to '91
Various N. Y., Nat. Bank Republic
1878 to 1906
do
do
Various
1879 to’86
do
do
Various
1880 to ’83
do
'
do
Various
do
do
F. A A
Aug., 1898
1877 to’89
do
do
Various
1877 to ’88
do
do
Various
New York and St. Louis. June, 1887, to ’90
J. A D
A. A O N. Y., Nat. B’k Commerce,
April 1,1892
1891 to ’94
do
do
Various
Nov. 1,1893
New York, or London,
M. A N
do
do
M. A N
May 1, 1895
do
do
J. A J
July 1, 1894
Dec. 10,1892
J. A D N. Y., Nat. B’k Commerce.
450,000
1,490,000
100,000
500,000
600,000
450,000
2,300,000
J.
J.
J.
M.
J.
J.
A.
M.
Bonds tor various purposes
Bridge bonds
St Lotus—
approach bonds (gold)
St. Louis County bonds assumed—
Renewal bonus, coupon
Bonds to railroads, coupon
Insane
Asylum
*.
County Jail
General purposes,
gold
Renewal, gold
Park bonds, coupon, gold
County bonds
1867 to’71
1853 to ’55
1867
1868
1872
1873 to ’75
1875
1875
St. Paul, Minn.—
Revenue bonds
Preferred bonds
8 per cent bonds
Lake Superior A Mississippi Railroad
St. Paul & Chicago Railroad
Public Park (Como.)
Toledo, O.—•
1868
Pittsburgh.—See remarks upon the city’s financial
property,
$120,371,769; personal, only $2,570,404,
according to Comptroller’s report;
“Occupation,*’
$15,273,030.
Sinking funds, $473,277. Tax rate,
1877, 2>i mill?. Population about 140,000. Interest
defaulted April, 1877. (V. 24, p. 519, 591.)
Portland, Me.—The sinking fund March 31. 1876,
was $587,194.
The city is protected by mortgages
on At. & St. Lawr. and on Portland & Roches¬
ter Railroads, and holds 7,143 shares of Portland A
Various
Various
Various
500 Ac.
1,000
General fund and deficiency bonds, coupon... ’70,’71,’76
1870
Toledo & Woodville Railroad, coupon
1859-’65
Various City purposes, coupon
1859-’74
do
do
do
1869 A ’76
do
do
do
1867
Floating debt, coupon
1873 & ’74
Water works
8hort bonds, chargeable on special assessm’ts 1873-’75
condition V. 24, p. 591. Cash valuation in 1876: Real
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500,000
6 g.
263,125
200,000
100,000
100,000
90,000
98,000
1,000,000
669,600
Assessed va'ue of real estate
in 1876, was $18,708,509; personal, $11,951,853. Tax
rate, $25 per $l.Hk). Population in 1870, 31,413,
against 26.341 in 1869. (V. 24, p. 542.)
A. A O.
M. A N.
F. A A.
Various
i Various
F. A A.
jVarious
I
Various
sinking funds of 1893
$162,947; 1895, $37,940; 1900-6, 92,564. Population
by U. S. census, 1870, 68,901; by State census, 1875,
100,800.
Rochester.—The bonds of Genesee Val. RR. loan,
$172 000, are provided for by net receipts from a
lease of said road to Erie RR. Co. after paying the
interest out of said receipts. Valuation of property
about $62,000,000. Rate of tax, $1 3-3.
San Francisco.—Population by the U. S. census
of 1870 was 149.482, against 56,802 in 1860.
Real
bonds due In 1885, $443,643;
estate for the fiscal year ending
assessed at $ UK),221,003; personal
Joseph and Newr York.)
Y., Nat. B’k Commerce
Y., Nat. Bk. Commerce.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
*L.
June 30, 1877, i
property at $70,041,340. About $54,000,000 of mortgages are now
omitted from assessment.
Sinking funds raised
Tax rate in 1S76-7 is
Providence, R.I.—The principal debt of Providence annually amount to $263.5W\
has been created since 1872 for water works. The $2 12>£ per $100. against $1 60>£ in 1875-6.
Savannah, Ga.—Default was made on interest due
floating debt at close of fiscal year September 30,
1876, was $1,814,996; and funded debt, $',797,250. Nov. 1, 1876, in consequence of yellow fever and
A conference with some
]’he assessed valuations of all property in 1876 were: non-collection of taxes.
real estate, $84,981,000; personal, $16,081,200. Rate of the creditors of the city was held June 6, 1877,
of tax, $14 50 per $1,000. Tho sinking fund for for a compiomise. Iu Juiy an action was com¬
Ogdensbargh stock.
do
St. Paul and New York,
do
do
Various N. Y., P. M. Myers A Co.
J. A D.
J. A D N. Y., Farmers’
A Tr. Co.
67,210
594.500
J. N.
J.
J.
S.
D.
J.
O.
N.
do
M. A N
M. A ,N.
499,927
544.500
453,000
42,355
A
A
A
A
A
A
A
A
vi
1905
July 1, 1894
May 1, 1895
April 1,188L
Oct. 1, 1887
June 1,1882 to '90
A New York and Savannah,
do
do
N.
do
do
D
do
do
J.
do
do
N.
do
do
J.
do
do
N
do
do
J.
do
do
J
Various N.
M. A N.
Various St.
J. A J. N.
6 A 7
7
10 A 6
10
San Francisco,
«
'Cables*
New York,
do
do
do
1801
1877 to 1881
1878 to 1880
July 1,1887
Sept 1, 1888
June, 1892
1893 to 1895
April 1,1905
May 1,1895
1877 to'99
1877 to'86
1889, ’90, ’96
1888 A ’98
1900
1877 to'88
May, 1900
1877 to '84
1877 to '89
1878 to'86
do
do
do
Aug. 1,1877
Juu 6,^93 A Sep.,’94
do
1877 to'81
menced by citizens to pievent the paymentof bonds
interest. Assessed value of real estate, $14,000,*
000.
Population in 1870, 28,235, against 22,292 in
1860. (V. 24, p. 48 4 542; V. 25, p. 41.)
St. Joseph, Mo.—Population in 1870 was 19,565,
or
against 8,932 in 1860. Assessed valuation of property,
$11,000,000; rate of tax, *23 mills. (V. 23, p. 135, 175.)
St. Louis.—Population by the U. S. census in 1870
was 310,864, against 160,773 in 1860.
The city and
county w ere separated by law in 1877 and city as¬
sumed the county bonds. Total funded debt of
city April 11,18:7, $10,247,000. Assessed valuation
of property, $181,321,340; tax rate, $2 80 per $100.
(V. 22, p. 513.)
St. Paul, Minn—Population in 1870 was 20,030;
in 1875, by State census, 33.237. Assessed valuation
of taxable property, $27,755,926. or about one-half
of the actual value.- (V. 15, p. 626)
Toledo—Funded debt, dan., 1877, $3,495,949; de¬
crease during 1876, $6-'.80?. Of this the debt payable
by special assessments was $669,600. Taxable valua¬
tion of property, $19,798,580; tax rate, $4 44 per $100.
Ii
JttfcY *8,
xiii
RAILROAD STOCKS AND BONDS.
1877.]
I
DESCRIPTION.
For
these Tables.
favor by giving immediate notice of any error dlseoTered In
Subscribers will confer a great
explanation of column headings, &c., see
on first page of tables.
notes
Date
of
Road. Bonds
Miles
of
Size,
or
Amount
Par
Value.
Outstanding
Rate per
Cent.
1871
1869
1872
$....
$1,600,000
8
1,000
1,000
?«■
i863
1,000
1,000
1,000
5,220,000
1,200,000
3,500,000
1,000,000
933,000
2,000,000
253,000
1,595,000
2,166,500
4,000,000
3,300,000
10,000,000
5,841,800
1,000,000
1,200,000
1,500,000
pal, When Due.
Payable, and by
When
When
Bond*—Princi¬
DIVIDENDS.
INTEREST OR
Whom.
Payable
Stock*—Last
Dividend.
m
81
296
Alabama Central—(Selma & Merid.)—1st mort—
Alabama d Chatt. —1stmort., gold, guar, by Ala
Receiver’s boride or certificates
Albany d Susquehanna—Stock
1st mortgage
Albany City loan (sinking fund, 1 per ct. yearly).
2d mortgage
3d mortgage, sinking fund
Consol, mort. (guar. D. <fcH.) coup., may be reg...
Alleghany Valley—Stock
General mortgage (Riv. Div.)
Bonds to State Pa. (endorsed) 2d mort., East ext.
1st mort., East’n Extern, guar, by Pa. RR
Funding income bonds, with traffic guarantee—
Alexandria d Fredricksburg— 1st mortgage...:
Arkansas Central—1st & 2d mortgages, gold
Ashtabula, Youngstown d Pitts—1st mortgage
2d mortgage, income
Atchison d Nebraska—1st mortgage
Alchis&n, Topeka d Santa Fe—1st mort., gold
Land grant mortgage, gold, (on 3,000,000 acres).
ConsoL bonds, gold
201
142
142
142
142
142
262
132
110
110
262
51
48
62Lj
6212
150
470
....
100
1865
1865
1869
1876
.
500 &c.
1,000
50
1866
1870
1871
1874
1866
1871
1871
1874
1871
1869
1870
1,000
....
1,000
100 &c.
....
500 &c.
1,000
1,000
1,000
500 Ac.
500 &c.
....
....
....
....
....
....
Notes
land Income bonds
Pottawattomie bonds (contingent)
Wichita & Southwest, (leased) 1st M., gold, guar..
City Top. & West., (leased,) 1st M., gold
Pueblb & Ark. Valley, (leased,) 1st M., gold
Kans.
Atlanta & Richm'd Air L—New mort. for $500,000
Atlanta d West Point—Stock
Atlantic d Great Western—Stock (total $40,000,000)
Preferred stock
Old Itetmortgage bonds, Ohio Division
lgt
2d
3d
general mortgage ($18,000,000)
do
do
($12,000,000)
do
do
($20,000,000)
Leased lines reutal gold bonds (Cl. & M.)
do
do
(P. P., P. V. and S. & A.)
Western Extension certificates (Cl., Col., Cin. & I.)
bonds
do
do
do
Atlantic d Gu//—Common stock
Guaranteed "stock
Consolidated 1st mortgage
....
1872
50
148
1875
87
585
585
460
460
460
.
....
....
Skv. Albany & Gulf R&. "mortgage bonds
Southerfi Georgia & Florida, 1st mortgage
do
do
2d mortgage
Atlantic,Miss. <£ Ohio—Stock, (corn’ll, pref. & guar.).
1st mort. consolidated, gold (for $15,000,000)
2d mort. to the State (no interest till 1880)
Norfolk & Petersburg—1st mortgage
do
do
do
do
1st
2d
do
do
South Side—1st preferred consolidated mortgage
2d
do
do
do
do
do
3d
do
do
do
Virginia & Tennessee—Enlarged mortgage
do
do
4th mortgage
do
do
do
do
Registered certificates
Interest funding bonds....
-
Atlantic d Pacific—See St. Louis d San Francisco.
Atlantic d St. Lawrence—Stock, currency
~
Stock, sterling
Portland city
2d
3d
bonds, 1st mort., sinking fund
mortgage, sterling, 5-20 years
7
do
do
do
Sterling bonds, not mortgages
Auffustu d Savannah—Stock
Bald Bugle Valley—1st mort., s. f. ($5,000 per yean.
2d mortgage ($5,000 per year)
Baltimore d Ohio—Stock
Preferred stock
*
Washington branch.
;
Loan, 1850
Loan, 1853
do
1870, sterling, £800,000
Baltimore loan, 1855-’90
Debentures, sterling..
Sterlffig mortgage
Alabama Central.—In default since January,
new adjustment.
1872.
Alabama & Chattanooga.— Road sold May 3, 1875,
for
$1,200,000, subject to lien of receiver’s certifi¬
cates. Sold asain October 4, 1870. but purchaser
failed to comply.
Sold again Jan. 22, 1877. (V. 21,
p. 39, 62, 85, 134, 255. 352, 450: V. 24, p. 13, 135, 156,
369, 420; V. 25, p. 40.)
Albany <fc Susquehanna.—This road was leased for
from 1870 to Delaware & Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change m terms made in 1876. Consol,
mortgaged for llO.OOOjOeO, of which $3,450,000 is
150 years
t- .4
to retire old bonds, and balance for a part of old
stock arid to lessee for improvements, which up to
April, 1876, were $1,978,672. (V. 22, p. 399, 495; V.
23, p. 101, 427.)
Alleghany Valley.—This road was embarrassed in
1874, and compromised with creditors. Net earn¬
ings in 1875, $1,299,934. Of income bonds, *2,349 800are held
by individuals, and pay interest in cash;
$3,492,000 held by railroads draw interest in bonds.
Abstract of operations m 1875 and 1876 in annual
reports, V. 22, p. 392, and V. 24, p. 493.
Alexandria <fc Frtdt'icksbnra.—The Pennsylvania
Railroad holds $522,000 of the bonds and controls
the road.
Arkansan Central.
-
Most of the bonds
were
sold in
London, where $600,OOt) of 2d mortgage bonds
also hypothecated. Receiver
and decree of foreclosure
were
appointed, March, 1876,
April, lb77. (V. 22. p.
374; V. 23, p. 302; V. 24, p. 315, s20.)
Ashtabula, Youngstown <f* Pitts.—It is leased and
operated hy Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guarantees interest on
1st mortgage for
five years.
Common stock,
$1,5#0,000; preferred, $400,000. Net earnings, 1875,
$84,156.
Atchison
&
Nebraska.—Gross
earnings.
1876,
$410,225; net, $47,147; unpaid coupons to Jan., 1877,
$1,050,000. (V. 22, p. 399; V. 24, p. 442.)
1,000
100
100
100
....
....
i871
1871
1871
1872
500 Ac.
500 Ac.
500 &c.
1,000
1,000
1873
1873
500
ioo
346
286
58
58
428
428
428
81
81
81
133
133
133
214
214
....
150
150
150
150
150
150
53
51
51
588
52
30
411
Negotiations pending for a
....
....
—
:
..
1,000
1,000
26512 1877
,
.
....
....
27ie
i 867
100
500 &c.
1868;
1869
1871
1871
500 &c.
1857
1857 500 &c.
1868
1,000
1866
1,000
200 &c.
1866
200 &c.
1866
1854
1,000
1865
1,000
Var’us Various
100 Ac.
1869
....
100
£100
1.868
1864
1871
1853
1,000
400,000
3,750,000
7,041,000
3,370,000
3,294,000
260,000
475,000
486,500
412,000
650,000
1,779,000
(?)
1,232,200
24,795,298
9,876,250
2,416,300
15,165,200
11,989,680
28,783,000
5,355,000
3,568,000
2,060,000
1,748,500
3,693,200
782,976
1,666,000
300,000
464,000
200,000
6,921,900
5,470,000
4,000,000
306,000
157,000
458,000
684,000
621,000
452,500
990,000
969,000
84,190
226,900
28,600
4,970,680
787,000
1,500,000
713,000
1861
£100
£100
£100
100
100 <fcc.
1864
1,000
100,000
100
100
100
13,144,100
4,348,469
1,650,000
579,500
1,710,000
3,398,956
3,253,026
£200
£100
3,872,000
1850
1853
1870
1855
1874-5
1872
481,000
1,022,900
336,900
9,198,852
3^2
7
6
7
7
7
730 J. A J.
5
Jan’ary
7 or 6 g. A. & O.
A. & O.
7
7
J. & D.
8 *fc 7 g. J. & J.
7 g. A. & O.
7
J. & J.
8
M. A S.
7 g. J. & J.
7 g. A. & O.
7 g. A. & O.
7
J. & J.
12
J. & J.
7
M. & N.
7 g. J. & J.
7 g. J. & J.
7 g. J. & J.
4
7
7
7
7
7
7
8
7
g.
g.
g.
g.
g.
not go
June
London & Amsterdam.
N. Y., Winslow, L. & Co.
1,1896
July. 1891
1901
1904
Sept.
ept. 1,
I 1896
N. Y., G. Opdyke & Co.
July,
Pittsburgh, Penn. Co.
Boston, at Office.
OctT^i,
Boston.
do
do
do
do
do
II
19013
*77,*78,*79 A’82
Julyl,^902
do
July^ffeOS
do
Ga., atTreas’y.
A. A O. New York and London.
do
do
J. & J.
do
do
M. & S.
do
do
M. & N.
do
do
J. & J.
J. & J.
London, Co.’s Office.
do
do
J. & J.
Au*'.'
1. 1877
‘ 1,* 1876
Oct
902
>909
]»02
Jah„ 1902.
Jhn., 1903
July 1, 1876
Savannah.
& J.
J.
7 g.
A. A 0. N.
8
7
8
8
6
6
6
8
8
8
J.
3
N.
Y., Perkins, L.& Post
6
6 g.
6 g.
6 g.
312
6
7
5
3
5
6
6
6
6 g.
6 g.
0 g.
V.
24,
earnings, 1875-6,
There are $83,000
road was leased
from May >, 1874, but the
into effect.
Shortly after (in
1, 1901
Oct.
i877
J.
J.
J.
J.
J.
J.
J.
J.
J. N. Y., Perkins, L & P. Jan. 1,
Jan. 1, 1877
do
do
J.
do
do
J.
July 1, .1893
Jan. 1, »84-»90
do
do
J.
Jan. 1, ’&4-’90
do
do
J.
Jan. 1, *86-^90
do
do
J.
do
J.
July 1, 1884
do
Mch. 1, 1900
do
do
J.
Jan. 1, 1875
J.
Lynchburg Office.
J. N. Y., First Nat. Bank. July 1, 1880
F.
M.
M.
A.
M.
M.
J.
J.
J.
M.
J.
A.
J.
A.
M.
J.
J.
M.
&
&
<fc
&
&
&
<Sc
&
&
&
&
&
&
&
&
<fc
&
&
Portland.
Feb., 1877
A.
S. London, Gr. Trunk Rw. Mar. 15, 1877
Portland.
N.
May 2, 1886
O. London, Gr. Trunk Rw. Oct. 1, 1884
Oct. 1, 1891
do
do
N.
Nov. 1. 1878
do
do
N.
Savannah.
June, 1877
D.
J. Pliila.,Farm. & M. Bank July 1, 1881
do
do
J.
July 1, 1884
Baltimore Office.
May 1, 1877
N.
Jau. 1. 1877
J. Balt., Merchants’ Bank.
Baltimore Office.
April 17,1875
O.
1880
J. Balt., Merchants’Bank.
1885
Baltimore Office.
O.
1895
London.
S.
1890
Baltimore Office.
J.
.
J. London, Naylor & Co.
London.
S.
5^©^. (Y. 22, p. 469; V.
368; Y. 25, p. 57.)
1878 A 1880
Mch. 1, 1902
24, p. 39, 181, 208,
Atlantic, Mississippi A Ohio. — Of the jttek
$5,845,700 is common, $800,000 preferred, arid $876,200
guaranteed;
the company
itself 4*okls
$3,441,200 of the common, all the preferred,
and $165,700 of the guaranteed stock.
Grow earn¬
ings year ending September 30, 1876, $1,T42,#>1;
expenses, $l,2ul,712; net earnings, $540,538.
was
decrease of gross revenue by
a
and a decrease of net revenue of $1;k,1I0L
coupon on
company funded one
Th©
old, jbotjda,
January, 1874, but paid subsequent
coupons
in part. In October, 1875, in London, theconapany
made a proposal to fond whole coupon
due#
on consol, bonds, and four-sevenths of codpoMf due
fepttpona
the trcteteea
March, 1876, nhd in
up to 1881, paying three per cent caih ttn
till 1881, ana balance, if earned. A bill to fotwroee
the consolidated mortgage was filed by
thereof, at Richmond,
ya.,
dune receivers were appointed. Extract from Presi¬
dent Mahonc’s circular to bondholders, showing the
financial condition, is given in the Cm*ONi$iim.jY.
22, p. 28*\ (V. 22, p. 567. 589; V- 23, p. 62, 85,
255, 278, 352, 402, 427, 499;
Company also has $334,000
of old sectional mort. b’ds outstanding; $500,000 10
per cent coupon notes; $45,000 .1 unction Branch RR.
bonds, and *5i.500 Bainbridge Ext. bonds. Net
earnings in 1876 were $352,913 Interest on consol,
bonds due Jan. 1, 1877, was not paid, and receivers'
were appointed m Marcri.
In New York, July 7,
road at 40 per
sold at auction at
May 1, 1889
Y., First Nat. Bank.
July, 1874) default was made on its bonds. The
last annual
report, to Dec. 31, 1876, will be
found in V. 24, p. 372. Proceedings looking to
re-organization are in progress, and a considerable
amount of securities has been deposited by holcleis with the London Committee.
IA July, 1877, £3
per bond was paid on the coupons of Jan.. 1876, of
theleased line rental bonds of 1872.
(V. 22, p. 181,
327,352; V. 23, p. 40, 110, 134, 159.32 8 , 450, 599,
646; V. 24, p. 88, 156, 241, 345, 518; V. 25, p. 16.)
Atlantic & Gulf.—The
Ju^Vl897
Nov. 1, 1888
&
&
&
&
&
&
&
&
&
&
J.
3 g.
do
do
do
do
M. A N.
M. & N.
(V. 23, p. 302 )
$1,009,000 consol, bond? were
1894
Pittsburgh.
Pliila., Penn. RR.
7
7
7
7
to the Erie for 99 years
lease did
Oot., 1885
May, 1881
April 1, 1966
....
Richmond Air Line.—Sale in foreclosure
Atlantic & Great Western—Tins,
Nov., 1885
Winslow, L. &Co. March 1,1896
Harrisburg, Treasury. feiOO.OOO y'rlyOct., 1901
Philadelphia or London
312
made December, 1876. Report of earnings &c.,
22, p. 135. (V. 22, p. 589; V. 23, p. 378, 575; V.
p. 180, 203, 369.)
$283,498; net earnings, $99,539.
X&77
1888
....
1880 and thereafter. (V. 22, p.232, 327, 446; V.
23, p. 15, 353; V. 24, p. 466.)
bonds outstanding.
do
do
do
do
Pi
N. Y.,
& J. Atlanta,
J.
....
scrip. Coupons, of Jan.,
half in casn and half in
scrip due 1882. The E C. T. & W. is leaded at 30
per cent of gross earnings, rising to 31 per cent in
& West Point.—Gross
of Commerce.
& Hud.Can.Co
June,
Jan.,
....
in cash and half in ten-year
1977, on notes of 1882, paid
Atlanta
Y., Third Nat. Bank.
J. & J. N. Y., B’k
J. & J. N.Y.,Del.
do
M. & N.
do
A. & O.
do
M. & N.
do
A. & 0.
Atchison, Topeka & Santa Fe.—Net earnings, 1876,
$1,311,093; see annual report, V. 24, p. 46s. Inter¬
est is paid on $976,000 of the 2d consol, mortgage
bonds, but on the balance of that issue coupons
wero funded to Oct., 1S76, and were then paid, half
Atlanta
& J. N.
& J.
J.
J.
Atlantic & St.
Y. 24, p. 203, 226.)
Lawrence.—Leased for 999 years,
from July, 185:),
Canada. Annual
stock.
to
Grand Trunk Railway
rent, 6 per cent on
of
bonds and
Augusta & Savannah.—Leased to Central
gia for $73,000 per annum ; has surplus
about $50,000.
Bald
*38,
of Geor¬
fund of
Eagle Valley.—Leased to Pennsylvania Rail¬
cent of gross receipts. The Pennsyl¬
vania Railroad holds all the
2d mortgage bonds.
annual report foi*16T5-4
published in the Chronicle, V. 5®, p. 68*. T“©
gross earnings of the “Main Stem,” Ac., ahdlwaacial condition of B. & O. Co. for four years Were
Baltimore eft Ohio.—The
was
as
follows:
railroad stocks and bonds.
xtv
Subscriber* will cooler
a
[July 28,187T.
great flavor by giving Immediate notice of any error discovered In tlaese Tables.
0
DESCRIPTION.
For explanation of column headings, Ac., see notes
on lirst page of tables.
Miles Date
of
of
Road. Bonds
Size
INTEREST OR
or
par
Value.
Amount
Outstanding
Bon ds—Princi¬
DIVIDENDS.
Rate per When Where Payable and by
Cent.
Wnom.
Pay’ble
pal, When Due.
Slocks—Last
Dividend.
Baltimore A Ohio—(Continued)—
Sterling mortgage, sinking fund
(payable$40,000y’ly)
Chicago Branch mortgage (for $5,000,000)
Northwestern Virginia, 3d mortgage, 1855-85
Purchaseof Connellsv. RR
421
....
....
..
Balt, dk Ohio A Chic.--1 at mortgage for $
...
Baltimore A Potomac—1st mort (tunnel) gold
1st mortgage, gold, (main line)
2d mortgage, income, main line and tunnel
BellevilleA South. III.—1st M., siuk’gfimd, guar—
Belvidere Del.—'2d M. b’ds of 1854 (guar, by C. A A.)
3d mortgage bonds of 1857
(
do
do
)
Consol, mortgage of 1876
Berkshire—Stock
Boston dk Albany—Stock
Dollar loan
Loan of 1875, coupon or registered
*
Boston, Clinton dk Fitchburg dk New Bedford—Stock.
1st mortgage, Agricultural Branch
Mortgage bonds 1869-70
Equipment notes
N. Bedford Railroad bonds ($400,000 are 7s)
Boston, Concord dk Montreal—Preferred stock
Com. stock (for old dividends & new stock)
Sinking fund bonds
Consolidated mortgage bonds (for $2,000,000)
Boston dk Lowell—Stock.
Mystic wharf purchase bonds
Buff.,Brad.dk Pitts.—Gen. M.,(incl. 10,000 ac. I’d
Buffalo, Nero York dk Brie—Stock
1st mortgage bonds
New mortgage (for $2,380,000)
Buffalo, N. Y. dk Philadelphia— 1st mort., gold
2d mortgage (for $1,000,000)
Burlington, C. Rapids A Northern—1st mortgage
Bonds,
conv.
on
...
r’d& 400.000 ac’s I’d |
into C. B. A Q. st’k (3d series),
j §
5(1
(17
....
....
29
43
....
....
....
....
26
142
140
140
121
121
367
281
.
....
40
....
191
> may
) berg.
Burl, dk Southwest.—1st mort., cp., may be reg
Cairo dk St. Louis— 1st mortgage
Cairo dk Vincennes—1st mortgage,
gold
California Pacific—1st mortgage, gold
2d mortgage, endorsed by Central Pacific
3d mort., guar, by C. P. ($1,000,000 are 3 p. c.)
Camden dk Atlantic—Stock ($838,150 of it pref.)—
1st mortgage (extended 20 years in 1873)
2d mortgage
Camden A Burlington Co.—1st mortgage
Canada Southern—1st M„ gold, s. f., cp. A reg
.
49
105
150
156
139
139
139
60
60
60
31
291
1,000
100
100
1,000
1,000
....
1,000
1,000
1,000
....
*61-’74
500 Ac.
100
100
100 &c.
100 Ac.
500
....
1858
1873
....
....
1872
1876
143
52
63
500
500
1854
’69-’70
1(10
160
113
1,000
1,000
1,000
1,000
....
....
....
1873-4
1875
100
500 &c.
.
.
.
242
242
40
100
Cayuga—1st mortgage, gold
Cataioissa— Common stock
New preferred stock
Old preferred stock
1st mortgage bonds
Chattel mortgage bonds
New mortgage
1st
mortgage
do
do
Gross
Earnings.
$9,632,361
10,514,178
Net
Stock and
Earnings.
$4,215,554
4,332,206
5,018,060
4,934,796
Debt.
1875-6
1874-5
1873-4
11,693,955
1872-3
12,252,844
The gross earnings of the main
in
1875-76 were $15,031,235,
100
4,000,000
500,000
580,000
950,000
1,922,000
458,000
2,582,000
805,500
6,500,000
4,638,250
298,500
289,500
100
....
1857
1876
1871
1,000
1,000
500 Ac.
1873
1876
1863
1868
1869
1869
1870
1869
1873
1872
1870
1871
1871
1869
1871
10*0*
50
500
500
500
500
500
Ac.
&c.
&c.
Ac.
&c.
&c.
&c.
500 Sic,.
1,000
1,000
1,000
1,000
1,000
1875
500
185*3
1,000
1,000
50
1855
1867
500 &c.
1870
1,000
1873
1874
1871
1,000
1,000
1,000
50
ioo
50
65
1,000
1,000
1,000
100
1872
14
61
274
128
70
58
146
1864
1866
Cayuga dk Susquehanna—Stock
Cedar Falls dk Minn.—Bonds on 1st div. sink. fund..
Bonds on 2d division, sinking fimd
Cedar Rapids dk Missouri— Common stock
Preferred stock, 7 per cent
500,000
1,000
.
Tol., Can. S. & Det., 1st mortgage
Carolina Central—list mortgage, gold, coupon
Income bonds, coupon
1,500,000
3,000,000
1,133,000
1,100,000
499,500
745,000
1,200,000
600,000
20,129,282
5,000,000
2,000,000
2,570,100
400,000
799,600
870,000
571,500
800,000
1,000,000
624,000
1,387,500
3,250,000
200,000
999,500
750,000
6,921,274
3,400,506
1873
1861
1863
1866
'
100
500 Ac.
500 Ac.
100
100
500 Ac.
500 Sic,.
500 &c.
47,173,134
45,876,927
28,567,899
and all leased lines
and net earnings,
$5 ,421,379, including earnings of Pittsburgh Divi¬
sion for nine months.
(V. 23, p. 302, 378, 524; V.
24,p. 88, 816, 542, 614; V. 25, p. 62.)
Balt. A Ohio A Chic.—This is the Balt. & Ohio
Chicago connection. The mortgage was made in
1877.
Baltimore & Potomac.—This is the line of the
Penn. Railroad from Baltimore to Washington. The
bonds are guaranteed by Penn. RR. and Northern
Cent. Last reports V. 22, p. 5 8 8; V. 24, p. 51> 3.
BeUeville A Southern Illinois.—Leased and operated
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings. Gross earn*gs,’76, $246,673. (V.24, p.297.)
Belvidere Delaware.—Stock is $995,150. Leased to
United Co.’s of N. J., and lease assigned to Penn. RR.
Net earnings go to lessor. In 1876 net earnings of B.
D. were $217,053, against $416,367 in 1874. floating
debt, $ 199,576. (V.' 20, p. 488.)
Berkshire.—Leased to Housatonic, at 7 per cent
J.
A J.
6 g.
6 g.
6
J.
A.
J.
A.
M.
F.
J.
A
A
A
A
A
A
A
8
*
6
6
7
1%
Balt., Mech’s Nat. Bank
1885
4
7
6
.
F.
J.
M.
J.
J.
A.
J.
.
6
7
8
3*2
280,000
401,000
5,715,000
600,000
1,034,000
20,000 p. m.
2,500,000
3,500,000
2,250,000
1,600,000
3,000,000
1,215,550
490,000
500,000
350,000
9,000,000
1,500,000
3,000,000
3,000,000
800,000
1,159,500
1,000,000
2,200,000
230,500
209,850
1,300,000
589,110
198,000
1,334,000
6,850,400
769,600
700,000
582,000
2,332,000
g.
g.
g.
g.
g.
3 &
2
7
7
6
7
7
6
7
6
,
g.
gg.
o*
rv
3*2
3*2
7
■
•
•
A
A.
J.
N.
J.
J.
O.
J.
N.
Q.-J.
g.
7
4
July 1, 1911
April 1, 1911
gJan. 1, 1915
Oct.
1, 1896
1885
1887
Jan.
1, 1916
.
J. A J.
A. A O.
J. A J.
A. A 0.
A. A 0.
J. A J.
M. A N.
J. A J.
F. A A.
M. A N.
J. A J.
J. A J.
F. A A.
J. A D.
J. A D.
J. A J.
J. A J.
J. AD.
A. A O.
J. A J.
A. A O.
J. A J.
J. A J.
J. A J.
J. A J.
J. A D.
M. A N.
A. A O.
A. A O.
J. A J.
J. A J.
J. A J.
6
6 & 7
3
6
7 '
6
2
7
7
3
7
7
7
7
6
10
5
7
8
8
8
8
8
8
8
8
7
7
7
6
A
A
A
A
A
A
M. A
6 & 7
3
;
J. Baltimore or London.
0.
do
do
J.
Baltimore.
0.
N. Y., Russell Sage.
8.
Philadelphia.
A.
do
J. Treasurer, Trenton,N. J.
Q.-J. Boston, Kinder, P. A Co July 10,1877
M. A N.
Boston Office.
May 15, 1877
•
7
4*2
7
7
1
3ki
7
7
7
do
do
Boston Office.
Feb.
Boston, Boston N. Bank July 1, 1884
do
do
1889 A ’90
do
do
’81/82, ’83/85
Boston, Suffolk N. Bank July, 1881A 94
Boston Office.
May 14.1877
Boston Office.
do
do
Boston, at Otiice.
do
Boston, at Office.
do
do
New York.
Boston, at Office.
do
do
New York, Erie RR.
do
do
Jan.
June
Dec.
June
May 1, 1895
Oct. 2, 1901
New York and London.
Oct., 1909
N. Y., Nat’l Park Bank. Jan. i, 1889
do
do
New York.
1891
July, 1905
Camden, Co.’s Office. Jau. 15, 1877
Phila., Farm. A M. B’k.
Jan., 1893
do
do
Oct., 1879
Phila. and Mt. Holly.
1897
N. Y., Union Trust Co.
Jan. 1, 1906
M.
M.
F.
F.
F.
J.
A.
J.
A
A
A
A
A
A
A
A
N.
Philadelphia.
do
N.
do
A.
A.
Philadelphia.
A.
do
J. New York. 44 South st.
0. N.Y.,J. S. Kennedy A Co
do
do
J.
A.
J.
J.
J. N. Y.
Q.-F.
A
A
A
A
July 1, 1893
Boston, Co’s Office.
O.
D.
F.
F.
F.
M.
1, 1875
1, 1879
April 1, 1892
July 1, 1896
May 15, 1877
Jan. 1, 1893
Aug. 1,1895
May 15,1877
Jan. 1, 1883
June 1, 1896
A
A
A
A
A
A
A
A
J.
Jail.
Oct.
1, 1896
N. Y., Erie Railway.
11,1877
do
do
1, 1877
do
do
1, 1916
N. Y., Farm. L. A T. Co. July 1, 1896
do
do
July 1, 1893
New York.
Sept. 1, 1906
Boston and New York. Oct. 1, 1893
Boston, by Treasurer.
July 1, 1878
Boston and New York. April 1, 1879
do
do
July 1, 1894
do
do
July 1, 1889
Boston Office.
July 1, 1894
*
A.
A. N.
A.
N.
Office, 4 Broad st. July 1, 1923
April 1, 1914
do
do
New York.
Boston, Treasurer.
do
do
Y., Nat’l Park Bank.
do
do
do
do
1901
May 16, 1877
May 15,1877
Feb. 1, 1882
1888 to ’89
Feb. 1, 1900
July 2, 1877
April 30, 1884
Jan. 2,
•Aug. 1,
Feb. 1,
Aug. 1,
Aug. 1,
1907
1877
1877
1891
1894
May, 1916
have the
Middletown & Wil.
expenses, $1,066,872. Extension bonds of $3,500,000
and incomes of $1,000,000 were in default, and the
new bonds guaranteed by Cent. Pacific were issued
in place thereof. (V. 23, p. 62; V. 24, p. 274, 468,.
represented
$1,000,000
now by
common.
Road cost about
$6,000,000,
$3,000,000 preferred stock and
(V. 22, p. 567; V. 24, p. 589.)
Boston A Providence.—The bonds and also $984,000
have been issued for purchase of branch
roads. Total income, 1875-6, $1,467,759; net, over
notes
operating
23. p.
expenses,
$317,286.
(V. 21,
p.
569; V.
547.)
Buffalo. Bradford A Pittsburgh—Under perpetual
lease to Eiie at $40,6)0 per year.
Buffalo, New York A Erv>.—Leased to Erie in
1863, ‘for 490 years, at 7 per cent on stock and interest
and sinking fund on bonds. TJie new bonda are to
take up the old, maturing Dec., 1877. (V. 23, p. 646;
V. 24, p. 346; V. 25, p. 16.)
earnings in 1875 as $723,843, and expenses,
The total land sales up to Jan. 1, 1876,
amounted to 733,464 acres for $5,335,675, after de¬
ductions for dead contracts, (V.22,p.471; V. 23,p.l59.)
Burlington A Southwestern.—Defaulted Nov., 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo A St. Louis—Defaulted in 1873 by failure
to receive town and county bonds. Road completed
February, 1J75. (V. 21, p. 31, 441; V. 22, p, 352.)
$351,643.
Cairo A Vincennes.—Defaulted in 1874.
of receiver. (V. 21, p. 63, 302; V. 22, p.
.
California Pacific.
605.)
-
r.
1
■'i
it
1893
-
do
do
do
do
do
a
1889
J.
A.
F.
J.
J.
J.
A.
J.
O.
1, 1892
July 1, 1895
Boston, Concord & Montreal.—Grom earnings-for
1877, were $649,307;
net earnings, $191,930.
There are also $76,000 old
bonds due in 1865, and $350,000 due in 1875. (V. 22,
p. 565; V. 24, p. 516.)
Boston & Lowell.—Operated with the Nashua &
Lowell, which receives 31 per cent. (V. 23, p. 600;
V. 25, p. 16.)
Boston & Maine.—Net income, 1875-6, $846,653,
against $75)0,753 in ’74-5. Pools earn’gs from compet¬
ing points with East’n. (V. 22. p. 280; V. 23, p. 500.)
Boston & N. Y. Air Line— Formerly N. Haven
Buffalo, New York A Philadelphia.—This is the
connecting line of the Philadelphia & Erie with
per year on stock.
Buffalo. In 1874 the net earnings were $186,843.
Boston A Albany.—The Boston & Albany is the
Burlington, Cedar Rapids A Northern.—Sale in
main western trunk line of New England. In past
foreclosure was made June 22, 1876, and Co. reor¬
three years the following has been its exhibit
Gross
Net
Total Stock ganized. The stock is for $10,000,000, of which
$5,500,000 has been issued. (V.22. p. 350,-374, 495,
and Debt.
Earnings.
Earnings.
567: V. 23. p. 15, 353, 378; V. 24, p. 518.)
1675-6
$7,074,758
$2,391,764
$27,129,282
Burlington & Missouri River.—An agreement of
1874 5...
7,634,139
2,262,147
26,478,282 consolidation and a perpetual lease to Chicago, Bur.
1873-4
8,963.128
2,414,916
25,422,100 & Quincy, was made in Oct., 1572. In August, 1875,
(V. 21, p. 464; V. 23, p. 4T7 ; V. 24. p 214.)
stock of Chic. Burl. & Q. was issued in place of
Boston, Clinton. Fitchburg & New Bedford.— Luteftk of this C.». and for convertible bonds. Annual
This was a consolidation in May, 1816, of th eTreportV. 20, p. 33 5. (V. 20. p. 139; V. 22, p. 87.)
Boston, Clinton & Fitchburg and the New Bedford
Burlington & Missouri in Nebraska.—The stock is
Railroads. (V. 22. p. 471, 521, 544; V. 23, p. 621; $8,583,750. A report of company’s operations. Ac.,
to
Jan. 1, 1876, has not been published, but we
y. 24. p. 134,518.)
-
1910
1876-1900
London.
....
6
the year ending with March,
$47,311,498
London.
Baltimore.
■
1,000
....
M. & N.
J. & J.
....
140,000
?
....
....
6 g.
6
1,000,000
2,000,000
1871-2
1875
....
$9,576,000
....
....
270
....
JE200
$....
1876
21
tt
Income b’ds, conv. C. B. A Q. st’k (4th ser.) V ~ g
1st mortgage, conv. do. on branch (5th ser.)
Convertible bonds, C. B. A Q. st’k (6th ser.) J oBurl, dk Mo. in Neb.—1st M., conv., land gr.. 1 Coup
Bonds, convertible till Jan., 1882
Omaha A S. W., 1st mortgage, guar
9214
92 H
....
Bonds
New bonds
Boston dk Maine—Stock
Bonds, coupon and registered
Boston dk New York Air-Line— 1st mortgage
Boston dk Providence—Stock
Bonds to purchase branches, coupon or registered
Burl.dk Mo. Rio.—1st M.
....
1874
1875
1877
1855
1877
1871
1871
1875
1866
1854
1857
In hands
446.)
Gross earnings, ’76, $1,296,521;
-
Camden A Atlantic.—Net earnings, 1876, $266,972.
Camden A Burlington Co.—Leased to United
Companies, at 6 per cent on $382,000 stock.
Canada Southern.—Defaulted January, 1874, and
coupons funded, but interest not paid July, 1875.
In January, 1876, passed into N. Y. Central control,
and there seems to be some uncertainty whether
interest is to be resumed soon. (V. 21, p. 159; V.
22, p. 16, 399, 567; V. 24, p. 542.)
Carolina Central.—Receiver appointed December,
Passed interest January, 1876. (V. 23 p. 622.)
1876.
Cayuga.—The Cayuga Lake road was sold under
second mortgage, and this Co. organized. Mortg.
trustees took possession May, 1877. (V. 24, p. 494.)
Cataivissa.—Leased to Phila. & Read., Oct., 1872,
New preferred stock dividend to be 7 per cent
in 1875-6 and afterward. ' (V. 20, p. 381.)
Cayuga A Susquehanna.—Leased in perpetuity to
Dela. Lack. & West. Dividends, 9 per year.
Cedar Falls A Minnesota.—Leased to Dubuque &
Sioux City, and sublet to Illinois Central at $1,500.
per mile yearly, and a per cent of all earnings over
$3,500 per mile.
Cedar Rapids A Missouri.—Leased to Chicago &
Northwestern at $700 of first $1,500 gross earnings
per mile; one-third of the next $3,000 per mile, and
one-fifth of all above that. (V. 2C, p. 162.)
s i
•N
ii
RAILROAD STOCKS AND BONDS.
28, 1877.]
July
XT
Subscribers will confer a great favor by giving immediate notice of any error discovered in these Tables.
DESCRIPTION.
For
explanation of column" headings, &c., see notes
on
first page
Miles
Da&
of
Road.
Bonds
.
of tables.
bds ($o,000,000)
coup.
2d mortgage, gold, $4,000 per mile
Central of New Jersey—Stock
Mortgage bonds
Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000)
New general mortgage (“blanket” i
Newark <fc New York, 1st mortgage
Lehigh & Wilkesbarre Coal Co., 1st mort. guar—
do
Consol m., coup. guar.
Imp.Co. bonds, guar. Ceut.of N. J
231
231
291
74
gold
Western Pacific, 1st mortgage, gold
Government lien..
Cal. & Oregon, 1st mortgage, gold (guar by C.P.).
C. P. bonds, M. on C. & O. Br. ($7,200,000 g.)
San Francisco O. & A., 1st mortgage ($1,500,000)
Land bonds on 11,722,400 acres...
Charlotte Columbia d Augusta— 1st m. (C. & A.)
do
consolidated
2d Mortgage
Chartiers—1st mortgage
..
Cherry Valley Shar. d AL—1st mort., convert
Chesapeake & Ohio—stock
1st mortgage sinking fund gold....
1st mort. exten. (2d on 427 miles) coup, or regd..
Debentures convertible into 2d mortgage
1st mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds
Income bonds (for funding)
.
....
7
....
....
$7,500,000
1869
1871
500 &c.
3,222,000
117,000
3,700,000
925,000
20,600,000
5,000,000
4,400,000
15,000,000
3,278,000
....
1,000
100
1,000
1,000
1,000
....
500 &e.
£200
1,000
1,000
....
50
50
....
1,000
....
100
....
1865-8
1,000
1,000
1864
1862
1870
....
1,000
....
....
1869
1,000
....
85
195
195
23
21
427
427
'
1,000
1,000
1,000
1,000
....
....
i;ooo
500 &c.
100 &c.
....
1,000
1,000
2,719,000
....
....
•
•mm
....
....
•
•mm
....
100
64
21is
Chicaao d Alton—Common stock
Preferred st’ok (7 i>. c. y’rly not cumulative)
General mortgage, sterling, tor .£900,000
1st mortgage
Income bonds (a 1st lien on income)
;
Joliet <fc Chicago, 7 per cent, stock.
do
do
1st mortgage, sinking fund
St. Louis Jack. & Cli., 1st mortgage
do
do
1st mort. guar, by C. & A..
2d mort. guar,
2d mortgage.
■
1874
....
.
Louisiana <fc Missouri, 1st mortgage
•
•
•
m
m
m
m
500 &c.
....
ioo
649
649
322
220
220
38
38
150
37
37
150
101
by C. & A...
•
100
1873
1863
1862
1,000
1,000
500 &c.
100
....
1857
1864
1864
1868
1868
1870
sinking fund, (trust).
Consolidated mortgage coupon, (for $30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or registered).
Bonds of 1875, (sinking fund $13,800 per year)..
Carthage it Burlington, 1st mort..
Dixon Peoria it Hannibal, 1st in...
American Central, 1st mortgage..
Coupon,
Peoria & Hannibal, 1st mort
but may be-.
Ottawa, Oswego & Fox Riv., 1st m registered.
...............
Keokuk it St. P., 1st M. (Coup., but may be reg.)
Albia Knoxville it Dos Moiues, 1st mortgage
Bonds for St. L. R. I. it Chic. (sink. fund)...
Chicago db Canada Southern— 1st
mort., gold
Cincinnati d• Louisville— 1st mort
Centred Railroad & Bank,. Ga.~Leases several
roads, and guarantees bonds. In April, 1875, pur¬
chased one-half interest in Western Railroad of
Alabama at foreclosure sale.
The “ tripartite”
bonds are issued jointly by this Company, the Macon
& West., and Southwestern. Gross earnings year
ending Sept 1, 1876. *2,601.542; net, *98:1,511 (V.
21, p. 372, 4IT; V. 22, p. 301; V. 21, p. 353,
498,)
Central of Iewa.—Sold in foreclosure, July 18,
1877, under 1st mortgage. (V. 22, p. 110, 4%; V.
23, p. 159, 427; V. 24, p. 135 561; V.
p. 62.)
,
g.
g.
g.
73
1858
1873
.
..
891,000
667,000
.
1872
1875
1869
1869
1868
1868
1870
1870
1870
1869
1875
1876
1872
1867
1,000
1,000
1,918,475
448,000
266,000
563,500
386,000
277,000
1,079,000
900,500
725,000
318,000
500 itc.
500 (to.
1,000
1,000
1,000
500 <te,.
1,000
500 itc.
1,000
1,000
1,000
g.
500 itc.
1
M. &
&
it
&
&
it
&
it
it
it
it
it
&
&
it
it
&
-
2,200,000
2,500,000
1,000,000
Jersey.—A report, in brief, for 1876,
earnings of *6,946,000; net, *3.262,000.
September, 18^6, a statement was issued (see
V. 23, p. 278) giving general financial condition. &c.,
in reference to new “blanket”
mortgage; and
finally ihe statement of President and investigat¬
ing committee in Feb., 1S77, (V. 24. p. 135, 156); and
report of Committee comol. mortgage bondhold¬
ers, V. 24, p. 494.
A fall report on Lehigh &
Wilkesbarre Coal Co. is gi^en in V. 25, p. 63.
In
The Cent, of N. J. also assumes *2,310,000 of Lehigh
Coal & Navigation Company’s debt and *265,793
of the Railroad Car Trust
Company. The Ameri¬
can Dock &
Impr. Co. has made a mortgage for
$4,000,000 to cover its bonds and other debts. The
following table shows the receipis, expenses and net
1873
1874
1875
1876
Expenses. Net earn’gs.
$4,234,806
*2,893,912
8,881.366
8,5*9,631
4,215 581
4,140,601
4,128,7*7
7,411,637
4,665,782
4,449,0*0
3,282.910
3,262,000
6,9-16,010
3,684,000
(V. 22, p. 326, 613; V. 23, p. 62, 829, 353, 525, 615;
V. 21. p. 63, in,
135, 156. 204, 226. 249, 274, 275,
299, 396, 420, 445, 494, 5 1 7 590, 604; V, 25, p. 63.)
Y., Fisk & Hatch.
do
do
N.
do
do
Y., Am. Excb. Bk.
do
do
do
do
do
do
S.
J.
J.
,T.
0.
J.
D.
N.
J.
J.
J.
J.
O.
J.
O.
J.
0.
it O.
it J.
1890
Nov., 1902
July 1. 1899
1886
1887
Feb. 1, 1899
June 1, 1900
July 31, 1877
July 31, 1877
Sept., 1890
April, 1877
1895 to ’98
July 1, 1884
Jan. 1, 1883
Oct. 1, 1900
1895 to ’99
July 1, 1899
1899
Jan.
Jan.
1, 1888
1, 1892
July 1, 1890
Oct.
1, 1890
1890
1895
Nov.. 1899
July 1, 1902
July 1.’77 to ’92
1880
1884
1876
1877
1893
Jan. 15, 1877
1880 & 1896
May, 1872
March
1,, 1877
March
1, 1877
July 1, 1903
Jan., 1893
Jan., 1883
July, 1877
July. 1882
April, 1894
April 1,1894
July, 1898
July, 1898
Aug., 1900
N.
Y., Bk. of Commerce. Mar. 15,187ff
do
do
Jan. 1, 1883
Boston office.
July 1, 1903
Frankfort.
July 1, 1890
N.Y., N. Bk. of ComTce. Oct. 1, 1890
Boston, Co.’s office.Boston. Co.’s Office.
N.Y.,N. Bk. of ComTce.
do
do
do
do
N. Y.,N.B’k of Comm’rce
New York and Boston.
Boston.
New York and Boston.
Boston.
Boston.
N. Y., Union Trust Co.
N. Y., Farm. L. & T. Co.
Jan. 1, 1896
June 1, 1895
May,
July,
July,
July,
July,
Oct.,
July,
April,
1879
1889
1878
1878
1900
1890
1890
1879
Oct. 1, 1901
April 1, 1902
Jan., 1887
Valley.—In hands of trustees and leased
Philadelphia & Reading. Coupons due 1860, paid
May, la76.
Central Pacific.--An abstract of the annual re¬
Chicago dk Alton.—The report for 1876 is given at
length in V. 24, p. 224, and shows gross earnings of
*4,960,528, and net earnings of *2,691,061, against
*2,604,125 in 1875.
Joliet & Chicago RR. is leased foe
net earnings, *9,414,*69.
The policy of
8 per cent dividends yearly was declared
making
in 1875*
Trustees of land mortgage purchased 564 of the land
grant bonds in July. 1876. (V. 21, p. 159, 483; V. 22.
p. 61, 233. 352,471, 521, 545, 613; V. 23, p. 86, 207,
319, 426; V. 24, p. Ill, 157.;
interest on stock and bonds. St. L., Jack. & Chic.
Railroad leased at $240,000 per year. - Louisiana &
Mo. RR. built and operated under contract. (See V.
19. p. 479; V. 20, p. 429.) The Chicago A Illinois
River bonds had not been sold to January, 1876,
and there was some litigation.
(V. 21, p. 185, 612;
V. 22, p. 255; V. 23, p/478; V. 24, p. 224, 430.
Charlotte, Columbia & Augusta—Stock is $2,578,Net earnings in the year ending September 30,
1876, $203,327, against $259,004 the previous year.
Floating debt retired May, 1876. (V. 21, p. 590; V.
22, p. 134, 471; V. 24, p. 62.)
495.)
000.
Chicago Burlington dk Quincy.—Purchased in Oct.,
Rock’ls. & Chic, road, for fl.570.000 in
gold. Gross earnings for 1876 were. *12,057,794; ex¬
penses, $h,8’8,5i5; net earnings, $5,189,249; interest
charge, *1,991.956. The C. B. A Q. leases numerous
branch roads, giving them a traffic guarantee (usually
40 or 50 p. ct.) for purchasing their bonds. Enough
of the consolidated moitgage is reserved to take up
prior debts.
In August, 1875, stock of this
Company was issued in exchange for Burlington A
1876, St. L.
Charters.—Leased to Pitts. Cin. & St. Louis, and
operated by Penn. Co. Net earnings go to lessor—
in 1876, $44,231. (V. 22, p. 519; V. 24, p. 419.)
Cherry Valley, Shar. dk Al.—Transferred to Dela¬
ware
& Hudson Canal
Co., April, 1875.
(V. 20, p. 404.)
Missouri River Railroad stock, and the same is also
Interest
unpaid in December, 1875.
Missouri River Railroad.
Chesapeake dk Ohio.—-After the panic of 1873, de¬
fault
made
on interest. Net earnings in 1875 76.
Receiver appointed October, 1875, and
foreclosure proceedings
are in progress fox the
purposes of
re-organization.
A very complete
statement of outstanding liabilities and the plan
of re-organization are given in V. 21, p. 569.
Dewas
$356,476.
cree
of foreclosure
was
rendered in March.
134, 280, 375, 392, 589; V. 23,
Ill, 525; V. 24, p. 62, 299, 320.)
Cheshire.— Net income. 1875-76,
p.
590; V. 23,
p.
5 4 8.)
$124,841.
r
j'
1877. i
(V. 22, p. 42. 87.
p.
for the convertible bonds of Burlington A
The bonds of 1876, for
purchase of St. Louis Rock Isl. & C. Railroad, are
plain bonds of Chicago Burlington & Quincy, but
offset by 7 per cent mortgage bonds of like amount,
secured on St. Louis Rock Island & Chicago road,
and deposited with trustees. (V. 22. p. 231; V. 23,
p.H3. v55, 403, 426, 499. 525, 598; V. 24, p. 63, 111,
202,274.)
given
,
Central Ohio.—Leased to Balt. & Ohio RR. in 1866
N.
Jan.
Chester
port for 1875. including the land agent’s report, also
gross and net earnings to June 80, 1876, was yiven
in the Curonjcle, V. 23, p. 426.
Gross earnings,
1876, *18,146,944, currency; expenses, #8,732,074;
earnings, including Lehigh & Susquehanna Division;
Receipts.
*7,120,718
N.
J.
J.
J.
J.
J.
J.
&J.
Boston.
& J.
do
& N.
Philadelphia.
& 8. N. Y.,M.K. Jesup,P.& Co.
& S.
do
do
& J. Lond’n.J.S.Morgan&Co.
& J. N.Y.,M.K.Jesup,P.it Co.
& O.
do
do
N. Y. U. S. Trust Co.
Q.—J.
J. & J. N. Y.,M.K. Jesup,P.& Co.
A. & O.
do
do
A. & O.
do
do
J. & J.
do
do
,T. & J.
do
do
F. & A.
do
do
1\
10,433,000
m
.
&
&
&
&
&
&
&
J.
J.
M.
M.
M.
J.
J.
A.
Central of New
gave gross
Oct. 1, 1901
Dec. 15, 1899
M.
J.
J.
J.
J.
J.
J.
g.
g.
g.
for 21 years,
years,
A. & O. Philadelphia, Penn R.R.
& D. N. Y., Metropolitan Bk.
J.
to
32
40
51
31
70
44
40
43
..
g.
Stocks—Last
Dividend.
June, 1874
1, 1893
Oct., 1880
July 15,1899
April 15,1901
April 10,1876
rent 35 per cent of gross receipts for 5
and 40 after. Pays 6 per cent dividends.
...
Illinois Grand Trunk, 1st mort
g.
g.
g.
g.
g.
Bond 8— Princi«
pal, When Due.
D.
Savannah, Ga.
J. New York & 8avannah.
O.
Savannah, Ga.
J.
New York, Office.
0.
do
do
New York, at office.
Q. J.
F. it A.
do
do
M. it N.
do
do
do
do
Q.-J.
do
do
J. & J.
do
do
M. & N.
London.
Q.-M. N.Y.—Cent. RR. of N. J.
J. it J.
do
do
J. & D. Balt., at B. & O. office.
J. & D.
do
do
M. & S. Balt., West. Natl. Bank.
A. & 0. N. Y. & San Francisco.
J. & J.
N. Y., Fisk & Hatch.
J. & J. Sacram’o 8tate Treas.
J. & J.
N. Y., E. Kelly & Co.
A. & O.
N. Y., Fisk & Hatch.
J. & J.
U. S. Treasury.
J. & J.
N. Y„ Fisk & Hatch.
U. S. Treasury.
J. & J.
N. Y., Fisk & Hatch.
J. & J.
do
do
J. & J.
do
do
A. & O.
do
do
J. & J. N.Y..M.K. Jesup,P.& Co,
J. & J.
do
do
J.
J.
J.*
A.
.T.
J.
M.
J.
J.
J.
J.
A.
J.
A.
J.
A.
A.
J.
....
■
g.
6
7
7
6
6
8
8
7
1
6
7
4
4
6
7
7
700,000
825
466
825
100
90
1st mortgage,
Chicago,
7
6
7
7
1
3
6
4
6
7
7
6
6
6
6
6
6
8
6
7
7
7
7
7
Where payable, and by
Whom.
J. &
J. &
A. &
J. &
A. &
8
7
7
7
7
7
7
5
8
7
4 g.
7
7
5
8
8
8
8
8
8
8
8
8
5
7 g.
7
Chicago it III. Riv., 1st mortgage, g uaranteed
Chicago, Burlingtond- Quincy —Stock.
Quincy & Warsaw, 1st mortgage
7
...
5,426,000
1,000
1,000
....
4
i5;ooo;ooo
27,598,242
....
7
9,276.000
193,500
1,806,500
500,000
500,000
300,000
15,898,401
100
....
2*3
rr
1,680,000
11,500,000
3,000,000
2,437,950
411,550
2,500,000
54,275,500
25,883,000
1,500,000
1,483,000
6,080,000
25,885,000
2,616,000
1,000
1,000
1,000
1,000
1,000
1,000
....
4
7
7
7 g.
7 g.
600,000
66,000
100,000
902,000
300,000
160,500
1,220,331
2,153,300
787,900
500,000
10,065,300
2,425,400
4,379,850
2,383,000
1,087,000
1,500,000
336,000
2,365,000
564,000
188,000
360,000
2,120,000
....
Payable
500.000
1,000
1869
1872
1872
When
Cent.
2,000,000
....
1869
1872
1871
1869
Rate per
1,970,000
6,000,000
....
....
1868
1872
1870
1870
....
Bonds, not mortgage
Chester Valley—1st mortgage
do
do
$100
....
146
742
158
123
152
152
20
Cheshire—Stock,’ preferred^
do
do
Outstanding
1,000
1869
1872
1874
1876
1867
1874
1875
97
mortgage bonds
1213
Central Pacific—Stock
1st mort., gold, (2 sinking funds, $50,000 each)..
742
Calif nia State aid, gold (2 s. funds,'$50,000 each)
50
138
Bonds, formerly conv. into U. S. bds (s.f.,$35,000)
1st mortgage on San Joaquin Valley Branch,
U. 8. Loan, (2d lieu on certain terms)
Value.
....
....
INTEREST OR DIVIDENDS.
Amount
1872
1870
137
137
137
1st
781
615
....
Central Ohio—Common stock
Preferred stock
do
of
....
Central of Iowa—1st mortgage gold, coupon
do
Am. Dock &
or
par
295
Central R. R. d- Bank, Oa.—Stock...
General mort. “tripartite”
Macon & Western bonds
Size,
(V. 21,
j
^
Chicago & Canada Southern.—Connection of Can¬
Interest not paid.
ada Southern.
Chicago, Cincinnati &
tion furnished.
Louisville.— No informa¬
EAILROAD STOCKS AND
xvi
Subscriber* will confer t
notes
Chicago, Dubuque dk Minnesota—1st mort
Chicago dk Iowa— 1st mort., coup., may be reg
Chicago, Iowa dk Nebraska—Stock
2d mortgage (now 1st)
3d
do
(now 2d)
•
1st mortgage
mortgage, on branch
Coupon,
i
but
j registered.
stock
(7 p. c. y’rly, not cumulative)
Chicago,
Milwaukee dk St. Paul—Com.
Preferred st’ck
Consolidated mortgage (for $35,000,000)
1st mortgage (Lacrosse Div.)
Ug
2d mortgage
1st mortgage
4; w
(Iowa A Minnesota)
1st mortgage (Minnesota Central)
1st mortgage (Iowa & Dakota)
1st mortgage (Prairie du Cliien)
2d mortgage (Prairie du Cliien)
Milwaukee A Western
8t. P. &. Chic. 1st M. (Riv. Div.)
370
370
220
49
u
<D
c
£
X
.
&!
235
235
ss
$ A £(conv.)
.
2 ^
130
75
85
&&
Hastings A Dakota
Chicago A Mil. line
Equip. & bridge bonds (may be paid in 1878)
1st mortgage,
1st mortgage,
.
197
Western Union, 1st mortgage
1,459
Chicago £ Northwestern—Common stock
1,459
Preferred st’ck (7 p. c. y’rly, not cumulative)
193
Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh
193
Interest bonds, funded coup., 2d m., Chic, to Osh
193
1st mort., general, 3d mort., Chic, to Oshkosh...
23
Appleton exten., 1st mort. on 23 miles and land.
26
Green Bay exten., 1st mort. on 26 miles and land
248
1st mort., Galena & Chicago.Un. RR. extended..
Mississippi River Bridge b’ds, lien on net earnings
Elgin &. State Line Railroad bonds
74
1st mort. (Peninsular RR.) on roads and lauds
46
1st mortgage (Beloit & Madison Railroad)
779
Consot. ffliik’g f’d M., (all above convert, into this
126
Madison extension, 1st mort., sinking fund, gold
85
Chioago A Milwaukee, 1st mortgage, 2d lien
120
....
.
m
Menominee extension, 1st mortgage,
gold
.
.
•
1,000
1,000
100
100 Ac.
500 Ac.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
m
m
m
100
100
100 Ac.
100 Ac.
100 Ac.
500 Ac.
500 Ac.
2d mortgage
lortgage
Chicago, Rock Island dk
Mortgage bonds, Sandusky, Dayton &
....
636
270
30
60
60
60
60
98
75
75
148
36
36
90
171
171
Cincinnati
Sandusky city A Ind
Cincinnati, Sandusky & Cleve...
do
do
Cincinnati dk Springfield—1st mortgage, guar
24 mortgage
Chicago, Clinton & Dubuque.—This road defaulted
in 1873. It was built by construction companies in
which certain directors of C. B. & Q. were stock¬
holders. (V. 23, p. 832,499; V. 24, p. 39,83.13^,181, 443.)
Chicaoo, Danville <fc Vincennes.—There was also a
2d mortgage for $1,000,000 and a chattel mortgage of
80
48
3,568,500
140,000
264,000
1,692,000
182,000
500 Ac.
120,500
1863
1863
1865
1,000
1,000
1,000
294,000
271,000
1871
500 Ac.
m
m
4,390,000
3,150,000
1,700,000
2,700,000
10,583,000
2,750,000
1,650,000
4,375,000
1,000,000
1,000
....
500 Ac.
500 Ac.
1871
1872
1,000
1,000
100 Ac.
1,000
1,000
1872
1873
1871
1871
500 Ac.
1866
1875
1877
1869
1871
1,000
1,350,000
3,500,000
2,808,000
1,000
700,000
300,000
1.000
1,000
24,999,700
6,000,000
100
674
Pacific—Stock.
1st mortgage, sinking fund
Branch bonds (sinking fund $40,000 from 1877).
1st mortgage (for$12,500,000) coup, or reg
Chic.dk Ifwest eni—IstM.g. (gu’r in cur. byC.R.I.&P.)
Atch. Branch, 1st M., gold, not guar
Cincinnati, Hamilton dk Dayton—Stock
1st mortgage of 1853
2d
do
1865
Consol, mort. (for $3,000,000), sink, fund 1 p. c..
Cip. Ham. & I, (Junction) RR., 1st mort., guar...
Cincinnati, Lafayette & Chicago—1st mort., gold
Consolidated mortgage
Oinekmati dk Muskingum Valley— 1st mortgage
Cin,, Richmond dk Chic—1st mort., guar. C. H.AD.
24 mortgage, guar, and owned by C. H. & D
Oin., Richmond dk Ft. IF.—1st mort., gold, guar
Cincinnati, Sandusky dk Cleveland—Stock
Preferred stock
219,000
3,500,000
15,011,180
21,502.233
1,237,600
737,400
1,000
1,000
'
62
156
70
64
4,000,000
234,000
2,500,000
1,000
1,000
1,000
1,000
Gen, eons, mort., gold, coup, or reg. ($48,000,000) 1,058
137 1870-1
Winona & 8t. Peter, 1 st mort., guar by Cliic.&NW.
137 1871-1
do
2d mort.,
do
do
1871
175
do
1st M. exten, gld, land gr., s. f.
1870
28
La Crosse, Tremp. A P. 1st mort,, guar. C. A N.W.
1870
75
Iowa Midland, 1st mort., guar, by Chic. A N. W..
Northwestern Union, 1st mortgage, gold
Chicago dk Paducah—1st mortgage
Chicago, Pekin dk Southwestern—1st mortgage
234,000
r
1862
1853
m
1,315,000
1,000
1859
1862
1859
1,000,000
3,000,000
5,000,000
1,000,000
3,500,000
1,246,000
1,000
1,000Ac
100 Ac.
1,000
100
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1853
1865
1875
1873
1871
1874
1870
1866
1869
1871
494,000
1,500,000
1,846,000
1,120,000
724,000
1,500,000
560,000
65,000
1,800,000
4,005,750
429,037
771,000
350,000
1,072,300
1,000
1,000
1,000
50
50
..
1866
1852
1867
1871
1872
1,000
1,000
and Milwaukee Elevator.
280, and V. 23,' p. 111.
-
1,350,000
1,280,000
15,399,261
12,274,483
5,710,000
6,600,000
675,000
3,810,000
190,000
748,000
3,674,000
.
2,000,000
651,000
When
Payable
(V. 23, p. 547; V. 24, p. 493.)
Chicago. Milwaukee & St. Paul.—The earnings
were reduced in 1874 and 1875 by the lower freight
rates imposed by the Wisconsin
railroad law.
The law was modified, and with April, 1876,
higher rates again took effect. Annual report for
18313, Y. 24, p. 395. The following is a comparison
for three years of operations, and financial condition
Nst», 1876.
at the, close
of year:
1876.
1875.
1874.
since
pare as
follows;
Gross
earnings.
•
1875-76.
$12,773,711
1874-75
12,707,726
14,410,124
1873-74.
1872-73.
12,736,607
11,402,161
1871-72...
The tnistdeed of the
xpei
...
1,399
$27,673,744
27,129,000
$27,673,744
.
,
....
„
lOsf
22.
p.
Net
earnings.
$5,864,8 8
4,723,031
5,075.673
9,334,450
4,568,370
8,178,23?
4,592,135
6,810,026
gold loan provides contin¬
$7,408,857
7,984,694
1,399 gently for a possible issue of $4^,000,000, by ulti¬
mately absorbing all other bonds, including those of
roads, together aggregating $35,349,000,
27,119,610 proprietary
amount is reserved from the $48,000,000. Div¬
EamingB.
8,054,171
8,255,743
8,953,017 which
idends have been paid—Dec., 1876, 3*4 on preferred;
Op. expenses. '-4,958,321
5,170,354
5,871,116 July, 1813,3# on pref.; Dec.. 1872,3# on both; June,
Net earnings.
3,100,847
3,085,389
3,081,900
»Of consol, bonds of 1875 enough are reserved to 1872, 3# on pref.: Dec., 1871, 3# on pref.; Jnne,
5 on both; Dec., 1870, 5 on both; Jnne, 1870, 2
take up old debt.
The dividend on preferred 1871,
on pref.; Dec., 1869, 5 on pref., 4 on common; June,
5tock March, 1874, was paid in consol. bODds
and the «ame April, 1876. and about $1,000,0^0 were 1869, 5 on both: Dec., 1868, 5 on both. (V. 21. p. 109;
issued Jane, 1876, for steel rails, La Crosse Bridge, V. 22, p. 544; Y.23, p. Ill, 493; Y. 24, p. 29, 204,494.)
1,399
$27,673,744
30,010,500
MJlea
Stock
Debt
,
__
Dividends
and taxes.
Whom.
pal, when Due.
Stocks—Lest
Dividend.
*
See statements V.
I860—on pref.
Payable, and by
A D. Boat., C B. A Q. Office. June 1, 1896
April* 1909
A O. New York, Co.’s Office.
April, 1912
do
A O.
do
A D. Bost., C., B A Q. Office. June 1, 1896
A J. New York and,Boston. July 1, 1901
July 2, 1877
A J. Boston, by Treasurer.
A J. Boston, Merchants’ B.k. July 1, 1888
7
A A. New York, Park Bank. Aug. 15,1892
'
7
Sept. 1889
A S. Boat., Treasurer’s office.
8
July, 1890
do
do
A J.
8
Nov., 1891
do
do
A N.
8
do
Sept. 1, 1892
M. A S.
do
8
Jan., 1871
New York, Office.
J. A J.
7 8.
Oct. 5, 1876
do
do
A. A O.
3^
do
July 1, 1905
do
J. A J.
7
1893
do
do
7
J. A J.
1884
do
do
A. A O.
7
1897
do
do
J. A J.
7
1894
do
do
J. A J.
7
1899
do
do
J. A J.
7
1898
do
do
F. A A.
8
1898
do
do
F. A A.
7*3
1891
New York, Office.
J. A J.
7
Jan., 1902
7 g. J. A J. London and New York.
1902
New York, Office.
J. A J.
7
1903
do
do
J. A J.
7
June 1, 1883
New York, Office.
J. A D.
10
Feb. 1896
F. A A. N. Y., Mil. St. Paul RR.
7
J. A D. New York, Co.’s Office. Dec. 28,1872
3*2
Dec. 22,1876
do
do
J. A D.
3^2
do
Aug. 1, 1,885
do
F. A A.
7
May, 1883
do
do
7
M. A N.
1885
do
Aug.
do
F. A A.
7
do
Aug. 1, 1885
do
F. A A.
7
do
Aug. 1, 1885
do
F. A A.
7
1882
do
do
F. A A.
7
Jan. 1, 1884
do
do
7
J. A J.
do
July 1, 1878
do
6
J. & J.
do
Sept. 1, 1898
do
M. A S.
7
Jan., 1888
do
do
7
J. A J.
Feb. 1, 1915
do
do
7
Q.-F.
April, 1911
do
do
7 g. A. A O.
do
July 1, 1898
do
J. A J.
7
June 1, 1911
do
do
7 g. J. A D.
Dec. 1, 1902
do
do
7 g. J. A D.
Jan. 1, 1887
do
do
J. A J.
7
Nov. 1. 1907
do
do
M. A N.
7
Dec. 1, 1916
do
do
7 g. J. & D.
do
April 1, 1878
do
A. A O.
10
Oct., 1900
do
do
A. A O.
8
June 1, 1915
do
do
7 g. M. A S.
July 1, 1903
J. A J.
7
F. A A. N. Y., Farm. L. A T. Co. Aug. 1, 1901
8
1891
A. A O.
8
Aug.
1, 1877
Co.’s
Office.
New
York,
2
Q.-F.
1896
do
do
J. A J.
7
Aug. 1, 1895
do
do
F. A A.
6
July 1, 1917
do
do
J. A J.
6
Nov., 1890
7 g. M. A N. N.Y., Chic. R. I.AP.RR.
c
...
7 g. J. A D.
April, 1873
A. A O. N.Y., Winslow, L. A Co.
4
May 1, 1880
do
do
M. A N.
'7
July 20,1885
do
do
J. A J.
7
Oct., 1905
do
do
A. & O.
7
Jan., 1903
do
do
J. A J.
7
Mch. 1901
7 g. M. A S. N.Y., J.S.Kennedy A Co.
Nov. 1, 1914
do
do
7 g. J. A J.
Jan., 1901
J. A J. New York, Moran Bros.
7
July, 1895
J. A J. N. Y., Winslow, L. A Co.
7
Jan. 1, 1889
do
do
J. A J.
7
June, 1921
7 g. J. A D. N.Y., Winslow, L. A Co.
1872
Boston, Office.
1877
June,
do
do
M.
A
N.
3
do
Aug. 1, 1900
do
F. A A.
6
Sept. 1, 1877
do
do
M. A S.
7
Dec. 1, 1890
J. A D. N. Y., Union Trust Co.
7
April 1, 1901
N. Y.,U. S. Trust Co.
A. A O.
7
1902
do
do
J. A J.
7
have been
stock—in 1816 14 per
cent in bonds, and 31/2 per cent in cash; in 1874 7
in bonds, 1873 7 cash, 1872 7, 1871 7, 1fc70 7 and 3
scrip; on common stock in 1871 7 scrip, 1870 3 cash
and 7 scrip. (V. 22, p. 280, 421, 567; V. 23, p. Ill;
$1,000,000, most of which are pledged. Default was V. 24, p. 103, 111, 39 5.)
made in 1813. Foreclosure sale ordered by decree of
Chicago & Northwest. —The fiscal year ends with
Dec. 8, 18W, and took place Feb. 7 and 8, 1877. (V.
The last annual report will be found in the
22, p. 87. 304, 544; V. 26. p. Ill, 159, 255, 547, 598; V. May.
Chronicle, V. 23, p. 158 and 181. The net sur¬
24, p.. 157, 346, 869, 420. 561; V. 25, p 40.»
Chicago, Dubuque & Minnesota.—Defaulted De¬ plus of the year on the Chic. & Northwest, lines
cember, 1873, same as Chicago Clinton & Dubuque. proper, after paying interest, was $1,797,550, and on
the whole system, including proprietary roads,
(V, S3,p.
409; V. 24, p. 39, 63, 136. 181, 443.)
$1,179,716. The net earnings of proprietary roads
guarantee
of
Chic..
Chicago & Iowa.—Has a traffic
were $674,5F9,
and the interest on their bonds,
Burlington & Quincy 40 per cent for purchase of
$992,422. Lands of the company are 2,155,560 acres
bonds. (V. 22, p. 87.)
unsold.
In 1875-6, 10,456 acres were sold at an
Chicago, Iowa & Nebraska.—Leased in perpetuity
to Chic. & Northw., at 37# per ct. of gross receipts. average price of $2 96 per acre. The nominal sur¬
Chicago <fc Michigan Lake Shore.—The first mort¬ plus balance of the Company, May 3!, 1876, was
$3,817,329.
Operations for calendar year 1876 in
gages, main hoe, have traffic agreement from Michi¬
Chronicle, V. 24, p. 494, net profits on all lines,
gan Central. In default for interest since July, 1»73. above interest and rentals, being $1,317,493. Oper¬
except on first bonds $477,000. Receiver appointed
ations of the C. & N. W. proper, for five years, com¬
paid
Where
J.
A.
A.
J.
J.
J.
J.
F.
M.
J.
M.
8
7 g.
7 g.
8
8
5
$1,500,000
2,500,000
1,500,000
4„425000
1,750,000
3,838,200
3,523,000
100
100
•
Rate per
Cent.
568,200
211,500
477,000
1,000
1,000
1,000
1,000
.
m
r
1,000
1,000
1875
1863
1864
1867
1864
1869
1868
1868
1861
1872
1872
1873
1873
1866
m
Outstanding
$1,000
I860
1863
1869
1870
1871
1872
1,399
1,399
Amount
Par
Value.
1871
1869
1872
1871
1871
60
108
21
131
80
82
82
82
195
195
195
52
gold (2d mort on 114m)
Chic, dk Mich. L. Shore—1st mort
Size, or
Miles Date
of
of
Road. Bonds
Chic., Clin, dk Dub.—1st mort., coup,, regis’ble
Chit., Danv. dk Fin.—1st mort., gold, siuk’g f’d
1st
discovered in these Bonds—Princi¬
Tables.
INTEREST OR DIVIDENDS.
explanation of column headings, Ac., see
on first page of tables.
Indiana exten., 1st mort.,
[July 28, 1877,
giving immediate notice of any error
great favor by
DESCRIPTION.
For
BONDS.
Paducah.—Completed in July, 1874*
proposed Oct., 1876. (V. 23, p.teceiver
427.) apChicago, Pekin & Southwestern.—R«
pointed 'une, 1877. (V. 25, p. 16.)
Chicago Rock IsVd & Pacific.—The mortg. of 1917
covers nil the road and equipment and takes up all
the prior b’ds. In 1876-7 gross receipts were $6,902,250; net receipts, $3,369,056; dividend payments (10
p. c.) $2,097,980; interest. Ac., $815,000; surplus for
the year, $456,076; loss on Chic. & Southw. RR. guar¬
antee, $400,108. (V. 23, p. J 3, i'56, 303, 353, 450, 499,
598; V. 24, p. 181,204,396,468.542, 6 • 4; W.%\ p.15.)
Chicago & Southwestern.—This Company’s first
mort is guar, by Chic; R. I. & Pacific, whioh fore¬
closed and sold the road. (V. 24, p. 396; V. 25, p. 15.)
Cincinnati, Hamilton & Dayton—See report inV.
24, p. 563,'showing net deficit of $187,177, after pay¬
(V. 20, p. 357.; V. 21. p. 62; V. 22,
ment of interest.
p. 280; V. 23, p. 39; Y. 24, p. 563.)
Cincinnati, Lafayette & Chicago.—Lafayette. Ind.,
to Kankakee, Ill.
Gross earnings in 1875, $400,051.
Chicago &
Newline
$178,903. (V. 20. p. 568.)
Cincinnati & Muskingum Valley.— Is
net,
leased for 99
from 1873 to Pittsb., Cin. & St. Louis for net
earnings, but bonded interest is guaranteed. Deficit
in net earnings, 1876, $7,384—total loss to lessee
$112,384. (V.22, P. 519, 614.)
Cincinnati, Richmond & Chicago.—Leased to Cin.,
Ham. & Dayton, which owns most of the stock. Net
income above interest, 1875-6. $8,229. (V. 21, p. 62.)
Cincinnati, Richmond & Foi't Wayne.—Leased to
Grand Rapids for 99 years. Interest guaranteed by
Gr. Rap., Cin. Ham. & Dayton, and by Pennsylvania
Co. (V.22, p 532; V. 24, p. 563.)
Cincinnati, Sandusky & Cleveland.—In the year
ending June 30, 1S70, gross earnings were $863,076;
expenses, $576,907; net earnings, $28^169, leaving
$10,352 balance, after paying rentals, interest, &c.
Difficulties about receiver in 1877. (V. 23, p. 450;
V. 24 p. 321,346, 363, 396, 420. 443, 468, 564.)
years
to
Cincinnati & Springfield.—Leased in perpetuity
Clev. Col. C. & I., with guarautee of interest;
on
half of interest is also guaranteed
M. S. (V. 23, p. 232 )
first mortgage
by Lake Sh. &
JofeT 88,
Subscribers will confer a
great favor by giving Immediate notice of any error discovered In tbese
INTEREST OR DIVIDENDS.
DESCRIPTION.
-
on
(fin., Wab. <£
first page
of tables.
(Bel. & Ind.) excb. for new
C., C., C. A I. sinking fund
mort...
....
199
stock
199
199
....
....
18
80
89
76
13
89
587
587
convertible...
Columbus dk Mocking Valley—Stock
1st mortgage, sinking fund bonds
1st mortgage, Logan & Straitsville Branch...
mortgage bonds
Columbus, Chicago dk Indiana Central—Stock..
1st M. Columbus, Chic. & Ind. Central
do
Chic. & G’t East. (Chic, to Logansport). ..
do
Col. A Iud’polis Cent. (Col. to Ind’s & br.).
2d
_
do
Tol. Logansp’t & Burl.(Logansp. to
Indiana Central (Indianapolis to Ohio line)
do
Chic. A G’t East, construe. (Chic, to Rick’d)
do
Columbus, Chicago & Ind. Central
Income conv. do
do
do
(Toledo, Logansport & Burlington)
Columbus, Springfield dk Cincinnati—1st mort
Income
Valley— 1st mortgage
Connecticut Western—1st mortgage
Connecting (Phila.)—1st mortgage
Cumberland dk Pennsylvania— 1st mortgage
(guaranteed)
Valley—Stock ($484,900 preferred) —
mortgage, sinking fund,
lRt mortgage
2d mortgage, sinking
Common bonds
...
fund guaranteed
=,
-
$353,940) 1st and 2d mortgage
Dayton dk Western—1st M., guar. L. M. A C. A X
Railroiul—Stock.
Extension
mortgage
Mortgage bonds, convertible, guar. P. W.
Delaware d; Bound Brook—1st mortgsvge
Denver
1860
1864
1869
1874
102
AB
Bficific—1st mortgage, gold, land grant..
Cincinnati, Wabash dk Michigan.—Paid interest
$1,000
$1,200,000
100
500
14,991,800
1,000
1,000
1,000
1873
1876
1870
1870
1871
1875
....
1862
1867
1873
....
1868
1870
....
1867
1870
1872
....
50
500 Ac.
500 Ac.
500 Ac.
1,000
1,000
500 Ac.
50
1,000
1,000
1,000
1,000
100 Ac.
1,000
50
500 Ac.
1,000
1,000
100
1868
1,000
....
....
1864
1865
•
•
•
•
....
....
....
....
....
■
....
.
200,000
425,000
3,000,000
2,453,000
2,759,200
630,000
.72
224
587
....
1857
....
500 Ac.
„
....
....
45
70
55
35
41
144
110
.
.
.
.
38
38
....
56
56
44
68
7
38
38
82
52
52
1871
33
33
51
117
170
142
142
142
142
142
36
1,000
.
.
1873
1871
50
100
100
100 Ac.
100 Ac.
100
1869
1875
1,000
1858
1871
1870
500 Ac.
1866
1868
1,000
.
’60-’72
1868
1869
1871
ioo
1,000
500 Ac.
1,000
50
500 Ac.
5(H) Ac.
100 &c.
50
100 Ac.
200 Ac.
1,000
1,000
50
50
1871
1856
1,000
1867
1,000
1869
1,000
61A64 500 Ac.
1865
1,000
110*2
13
1859
110*2 1875
27
106
1,000
50
....
1875
1869
teed interest
on
50
1,000'
1,000
Rate per
When
Cent.
Pay’ble
7 g.
3
7
7
7
7 or 6 g.
3*2
?«•
7
7 g.
7 g.
500,000
1,350,000
950,000
669,000
11,243,736
1,104,844
7
1'U
6
7
7
7
6
8 g.
4 8.
7.
7
7
2,700.000
1,336,000
2,180,000
584,000
1,272,000
1,921,000
1,500,000
300,000
700.000
13,938,972
10,428,000
451,000
2,632,000
775,000
531,500
313,000
217,750
821,000
•
,
Toledo depot (cost
Delaware
102
107
Outstanding
....
-
Danbury <& Norwalk—Stock
let, 2d and 3d mortgages
Danville, Hazleton dk Wilkesbarre— 1st mort
Danville, Urbana, BTton dk Pekin—1st M., gold
Davenport dk Northwestern—1st mortgage, gold
Dayton dk Michigan—Com. stock (3*2 guar. C.II.AD.)
Preferred stock, (8 per cent. guar. C< H. A D.)..
1st mortgage, sinking fund, $30,000 per year....
2d mortgage
3d mortgage
1871
Amount
Value.
....
Oolumbus dk Xenia—Stock
1st mortgage
Concord—Stock....
Concord & Portsmouth—Stock, guaranteed
Connecticut dk Passumpsic—Stock
New mortgage (for $1,500,000)
Notes, coupon
Massawippi st’k, guar, same div. as Conn. A Pass.
do
bonds, guar, by Conn. A Pass
Connecticut Central— 1st mortgage for $400,000...
Connecticut River—Stock
1st mortgage (sinking fund now $148,931)
Cumberland
93
61
Ill line)
do
2d
208
City to Logansp’t)
do
Col. A Ind. 1st & 2dpref.(Col. to U’nCifcy)
do
Cinn. A Chic. Air Line(Richm’d to Logans.)
2d M. Col. A Iml’polis Cent. (Col.to Union City).,
Connecticut
117
or
par
-
....
Colebrookdale—1st mortgage
Colorado Central—1st mortgage,
,
Size
•
Extension
Union & Logansp’t (U’n
of
67
67
35
145
Consolidated sinking fimd mort. for $5,000,0
Construction and equipment bonds
Cleveland, Tuscarawas Valley <£ Wheeling—1st m...
do
of
...
1st mortgage.
Cleveland dk Pittsburg/&—Guaranteed
4th mortgage (now 1st)
Date
81
471
138
202
390
390
Cleveland dk Mahoning Valley—Stock.
1st mortgage, extended
1st mortgage, Columbus
Income mortgage
Miles
Road. Bonds
Mich—1st mortgage.
New bonds
- Niles A New Lisbon,
666,500
341,400
3,692,000
3,847,000
74,024
1,000,000
1,786,200
302,000
1,500,000
350,000
2,175,500
1,350,000
139,500
400,000
400,000
216,000
2,100,000
250,000
1,000,000
3,000,000
996,000
803,500
594,000
1,777,850
161,000
109,500
81,800
600,000
500,000
1,400,000
2,000,000
1,700,000
2,395,350
1,280,100
1,870,000
426,000
356,000
105,500
614,000
1,388,023
100,000
650,000
1,120,000
2,416,000
.
.
.
320.)
Cleveland & Mahoning Valley.—Is leased to At¬
lantic & Great Western, and interest on bonds is
paid. (V. 20, p. 85, 139; V. 23, p. 232, 403.)
Where
A J.
J.
F.
J.
J.
Payable and by
Tables.
Bonds—PrinCi
pal, When Due
Stocks—Last
Whom.
Dividend.
Wabash, Indiana.
July 1, 1891
Feb. 1, 1876
June, ’75 to ’84
N. Y.,U. 8. Trust Co,
A A.
do
do
& D.
do
do
& J.
do
do
M. A N.
J. A D. New York or London.
M. & N.
Cleveland Otiioe.
N. Y., Ward, C. A Co.
F. A A.
M. A S.
J. A J. N Y., Union Trust Co.
J. & J. N. V., Winslow, L. A Co.
do
do
do
do
M. A S.
Q.—M. N. Y., Farm. L. A T.Co.
do
J. & J.
*
do
M. A. N.
do •
do
do
do
J. & J.
Until 1899
May, 1899
1,1914
May, 1877
Aug. 1, 1893
Sept., 1906
Jan., 1890
Jan. 1, 1900
Jan. 1, 1901
Jan. 1, 1905
June 1, 1877
Jan., 1892
Nov. 1, 1900
Jan. 1, 1913
June
Cleveland, Ohio.
J.
J.
F.
A.
J.
J.
&
&
&
&
&
&
D.
Phila., Co.’s Office.
D. Boston, Treas.’s Office.
A.
0. N. Y., St. Nidi. Nat. B’k
do
do
J.
do
do
J.
June 1,
June 1,
i898
1890
July, 1877
Oct. 1, 1897
July 1, 1880
1, 1892
Jan.
.
7
7
7
7
7
7
7
7
10
7
7 '
7
7
7
2
7
5
.
•
3*2
3
7
7
3
« g7
4
6
7
7
6
6
6
2*2
8
8
6
1*2
7
7
7 g.
7 g.
1%
2
7
7
7
7
G & 7
3
6
6
7
7 g.
$15,821,000 of first and second bonds.
1876, to bondholders not consenting to pass, Aug., ’74, default was made on the $5,000,000 seconds.
January,
and allow funds to be nsed for completion of road. April 1, 1875, defaulted on 1st; mort. The guarantee
Some bonds held by L. Sh. & Mich. So’n. but no in¬ of interest was absolute, but the Pennsylvania Rail¬
road claims that the C. C. A T. C. Co. did not fulfil
dorsement by that company. (V. 22, p. 158.)
all its part. Bondholders claim that no such failure
Cleveland, Columbus, Cincinnati & Indianan.—Net after bonds had been sold with the guaranty could
earnings in 1876, $702,917, against $984,024 m 1875. prejudice their rightB.
Suit is pending against
(V. 22, p. 257, 303; V. S3, p. 232; V. 24, p. 219, Pennsylvania Railroad. Interest on most of the old
nrior bonds has been taken up. Net earnings, 1876,
$384,949. (V. 20, p. 29, 61,140, 162, 241, 325. 355. 382,
426. 593; V. 21, <p. 13, 347, 511, 534; V. 22. p. 352,
495, 519. 590; V. 23, p. 40, 254, 547; V. 24, p. 157,
420 589; V. 25, p. 62.)
Cleveland, Mount Vernon dk Delaware.—Defaulted
Columbus & Xenia.—This road is leased to the LitJuly, 1874, and made compromise by which all the tl * Miami Co., and both roads for 99 years to Pitts¬
coupons due July, 1974, and one-half of coupons
from January 1, 1875, to and including July 1, 1877, burg Cinn. & 8t. Louis Co.; the lease is guaranteed
by Pennsylvania Railroad, and the terms are 8 per
are to be postponed to Jan. 1, 1885, and the remain¬
cent on stock and interest on bonds.
ing half to be paid as they mature. Gross earnings
Concord.-j-Net receipts in 1876-7, $294,761. (V.
1870, $373,582; expenses, $310,050; net, $61,532.
(V. *2,p. 350; V. 24, p. 248.)
22, p. 565; V. 24, p. 541.)
Concord & Portsmouth— Leased to Concord RR.
Cleveland & Pittsburgh--Leased to Pennsylvania
Railroad at 7 per cent on stock, besides expenses at $25,000 per year.
and interest, and transferred to Pennsylvania Co.
Connecticut d Passumpsic .—Animal report to
June, 1876, showed net earnings for year $240,954,
Report for 1876, V. 24, p. 63.
Cleveland, Tuscarawas Valley dk Wheeling.—This against $226,875 in 1874-5. Div. passed since Aug.,
1875. The new mortgage of $1,500 0 0 will retire
road was sold under a 2d mortgage, Jan. 27,1875, and
re-organized. (Y. 20, p. 6.', UO, 338; V. 22, p. 352; previous issues. (V. 21, p.277; V 23, p. 301, 547.)
Connecticut Central.—Leased to Connecticut Val¬
V. 24, p. 5 *>3.)
Colebrookdale.—Leased to Philadelphia A Read¬ ley at a rental covering interest. (V. 22, p. 209.)
Connecticut Zimr.—Net earnings 1S75-6, $217,780,
ing. No dividends paid on stock.
Colorado Central—Built mainly by Union Pacific, against $257,408, 1874-5. (V. 23, p. 500.)
which holds the bonds, $5,270,593 in all. (V. 21, p.
Connecticut \ alley. In default and surrendered
to State Treasurer as trustee for 2d mortgage bond¬
86; V. 22, p. 61, 567, 614; V. 23, p. 183.)
Colmnbus dk Mocking Valley—Gross earnings, holders. (V. 23, p. 40, 575, 622.)
Connecticut Western.—Net earnings 1875-6, $120,1876, $841,139; net, $386,934, against $358,376 in 1875.
See annual reports V. 22, p. 350; V. 24, p. 395.
229. Re-organization made and pref. stock issued
Columbus, Chicago dk Indiana Central.—On Jan. for bonds. (V. 23, p. 547, 576. 5.<8, 614; V. 24, p.
22, 1869, it was leased by the Pittsburgh Cin. & St. 64, 369, 495. 564.)
Connecting.—Leased to Philadelphia & Trenton,
Louis, guaranteed by Pennsylvania Railroad. An
amended lease was made Feb., 1, 1870, also guar¬ and operated by Pennsylvania; terms, 6 per cent on
anteed by Penn. RR. The amended lease guaran¬ $1,278,300 stock, and interest on the bonds.
xvii
BAILROAD STOCKS AND BONDS.
1877.]
A. & O.
Varioii?«
J. & J.
A. A 0.
F. & A.
J. & J.
Various
M. & N.
J. & J.
J. A J.
F. & A.
F. & A.
F. & A.
M. A 8.
April, i908
N.Y., Gallatin Nat. B’k.
do
do
N. Y., A.
do
Iselin A Co.
do
N.Y., Gallatin Nat. B’k.
do
do
do
do
do
do
do
do
1893 to *95
Nov., 1904
Deo., 1905
Feb., 1884
Dec., 1883
1886 to *90
Nov., 1904
Jan., 1882
Feb., 1890
N. Y., A. Iselin A Co.
N. Y., Union Trust Co.
Columbus Treasury.
Q.-M.
M. & S. N. Y., Am. Exch. N. B’k
M. A N. Boston, Tower, G. A Co.
Boston.
J. A J.
Boston Office.
F. A A.
do
A. A O.
do
Various
d:o
F. A A.
do
J. A J.
A. & O.
J. A J. Boston, Bost.A Alb.RR.
M. A 8. Boston, Globe Nat. B’k.
J. A J. N. Y., Am, Excli. N. Bk.
J. A J. New York and Boston.
M. A 8.
Philadelphia.
M. A 8. New York, Co.’s Office.
do
do
M. A N.
Q.-J. Phila. and Carlisle, Pa.
A. A O. Phila., T. A. Biddle A Co
do
do
A. A O.
do
do
A. A O.
Q.-M. New York and Danbury
J. A J. New York, 84 Broadw’j'
Phila. Penn. RR. Co.
A. A O.
A. A 0. N. Y., Farm. L. A T. Co.
Sept.
1,’1901
1877
Sept. 1, 1890
May 1, 1877
June 9,
28,1877
1, 1875
April 1, 1893
July, 1881
Feb. 1, 1875
July 1, 1889
Oot., 1895
July 2, 1877
Sept. 1, 1878
Jan. 1, 1901
July 1, 1900
June
Feb.
1900-’l-’2-*3-,4
March
1,1891
May 1, 1888
April 1, 1877
April 1, 1904
April 1, 1908
Jan. 1, 1884
Mar., 1877
1880, ’90, *92
Oct. 1, 1888
April, 1909
r
A. A O. Cincinnati. C. H.A D.Co.
Q.-J. N. Y., Winslow, 1/. A Co.
do
do
J. A J.
do
do
M. A 8.
do
do
A. A O.
do
do
M. A 8.
J. A J. N. Y., Am. Exch. N. B’k
J. A J.
Dover, Co.’s Office.
J. A J. Phila.,Girard Nat. Bank
J. A J. Phil., Fid’lity I.T. A.S.Co
F. A A.
Philadelphia.
M. A N. N. Y., Bk. of Commerce.
April'2;*i877
July 3, 1877
July, 1881
Sept., 1887
Oct., 1888
Mar;,’81 & *94
Jan. 1, 1905
July 1, 1877
Jan. 1, 1880
July 1, 1895
1905
May 1, 1899-
Cumberland dk Pennsylvania.—Owned and oper¬
ated by Consolidation Coal Co., which guarantees
2d mortgage. Stock $1,500,0001 (V. 22. p. 415.)
Valley.—The stock is owned in large
Railroad Co. Net earning*,
ending Sept. 30, 1876, $298,101. Large advances
Cumberland
part by Pennsylvania
year
have been made to
branch roads.
(V. 24,
p.
135.)
Danbury dk Nonoalk.--Gross earnings, 1874-75,
$1*7,026; expenses, $87,410; interest and taxes,
$42,191; surplus, $37,425.
Danville Hazleton & Wilkesbarre.—Leased, March,
1872, to Penmylvania Railroad for 83 years. The
coupons doe October, 1874, were purchased by Penn¬
sylvania Railr ad. In default, April, 1875. (V. 20,
p.
336,476.500, 570.)
Danvdle Urbana, B’oomington dk Pekin.—This is
a part of the Indianapolis Bloomington & Western,
now in default.
See I. B. & W.
Davenport &
Northwestern.—Davenport & St. Paul
and re-organized.
87, 281, 305, 546,
sold in foreclosure, March 2, 1876,
(V. 21. p. 441, 570. 612; V. 22. p.
590; V. 23, p. 159; V. 21, p. 299.)
Dayton & Michigan.—Leased in perpetuity to C1b.
Dayton, which pays interest on bonds, and
stock, holding itself
guarantees dividends on
$1,398,100 of the common. (V. 21, p. 62.)
Dayton dk Western. - Leased to Little Miami, and
with that to Pittsb. an. & St. L. About $90,000 of
old ext. mortg. bonds of 1881, are yet ont, which
Ham. &
will be retired shortly.
Delaware,—Leased by Phila. Wilmington & Balti¬
for 6 per cent on stock and bonds, but if 30
more
cent of gross earnings does not pay that, the
is charged annually to Del.-RK.
Delaware dk Bound Brook.—This is part of the
new route between New York and Philadelphia. (V
per
talance
r
22, p. 209, 257.)
Denver lacific.—Land grant, 1,100,000 acres. In
1876 cross earnings were $831,145; net earnings,
Cost of road and equipment, $6,493,80&
(V. 20, p. 569; V. 24, p. 321, 6 4 i ; V. 25, p 62.)
$165,537.
RAILROAD STOCKS AND BONDS.
xviii
Subscribers will confer
a
great favor by giving immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
Date Size, or
of
of
Par
Road. Bonds Value.
For explanation of column headings, Ac., see notes
at the head of llrst page of tables.
195
115
115
Delaware, Lackawanna <& TFe*ter?i^-Stock
2d mortgage (Delaware, Lackawanna & Western)
Mortgage (for $10,000,000)
2d
mortgage.'.
Detroit, Lansing <£ North— 1st mortgage
Ionia & Lansing, 1st mort., coup., may be reg—
2d mortgage
do
do
do
....
Detroit (6 Milwaukee—1st mortgage bonds
2d mortgage, April 28, 1856
1st funded coupons, Nov. 15, I860
2d funded coupons, Nov. 13, 1803
Bonds of June 30, 1866 (conditional)...
*.
Sterling (Oak, & Otta. RR.) Oct. 1, 1853, gold—
Dollar (Oak. A Otta, RR.) bonds, Oct, 1,1853
1st mort. (Detroit A Pontiac Rli.), April 1, 1851.
3d mortgage (Detroit & Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit A Pontiac RR.), Jan. 1853.
Bonds of Sept. 1, 1866, (Limit $300,000)
Bonds A mortgage on Detroit real estate
Dubuque <£ Sioux Citu—Stock
•
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)
Dubuque Soulhwcstei'n—1st mort., pref., sink, fd
1st mortgage, Oct. 1, 1863
Dunkirk, Alley h. Valley *£ Pittsburg—1st mort., gold
—
Duchess <t Columbia—1st mortgage
East Tennessee, Virginia <t Georgia—Stock
1st mortgage sinking fund bonds
East Tcnn. A Georgia ($92,000 are endorsed)
East Tennessee and Virginia (endorsed)
2d mortgage to U. S. Government
..
....
143
100
43
55
55
90
58
270
242
112
130
....
1863
1864
1863
1863
1870
....
1858
Mortgage funding bonds
.
1876
1860
1866
39
39
78
78
78
bonds
Income bonds,- 999 years to run
Erie Railway—Stock,common
Preferred stock (7 p. c. y’rly, not
....
....
959
3d mortgage
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds
Long Dock Co. mortgage
Sterling bonds, convertible, £1,000,000
1st consolidated mortgage, gold (for $30,000,000)
2d consolidated mortgage, 5-20, (for $40,000,000)
459
459
(debentures) convertible till 1883....
Etrie <6 Pittsburg—Stock
1st mortgage, convertible into consolid. mort...
New bonds
1862
1865
1868
2d mortgage,
convertible
Consolidated mortgage free of State tax
Equipment bonds
Europ'ndt N.Am.—1st M., Bang’rto Winn.,Bang*rl’n
Land grant 1st mort. (2d mort. Bangor to Winn.).
Ban go" A Piscataquis, Bangor loan, 1st mortg...
1st hurr age, sterling, on N. Brunswick road
Ecansv. a Crawfordsv.—1st in., Ev. A Ill., s. f
1st mort., sinking fund (Evansville to Terre H,)..
Rockville extension
Evanville, Terre Haute <£• Chic— 1st mort., gold
2d mortgage, gold
Fitch b u rg—Stock
Bonds, coupons ($4,000,000 authorized)
Western.
—
The
com¬
balance for cash resources. The Morris & Essex
Railroad is leased and some of its bonds guar¬
anteed. (V. 22, p. 232; V. 23. p. 13, 303; V. 24, p.
181,605.)
Denver cfe Rio Grande.—Narrow-guage road
feet). The whole line as projected is 875
(three
1,000
1,000
250 Ac.
500 Ac.
Various
Various
500 Ac.
100 Ac.
500 Ac.
1.000
56
1869
58
49
91
51
109
23
50
50
94
1869
1869
1867
1852
1854
1860
1870
209,000
3,024,500
2,200,000
2,064,000
377,115
1,702,519
150,866
51,000
150,000
250,000
100,000
110,000
1,000
1,000
1,000
Various
100
500
500 Ac.
500
1,000
1,000
ioo
1,000
1,000
1,000
103,266
5,000,000
296,000
586,000
81,500
450,000
3,200,000
2,500,000
1,968,274
3,009,000
862,400
147,000
50
100 Ac.
100
1*2
7
7
7
7
?e3
7
6
6
4
3
7
3
6
100 Ac,
100 Ac.
50
50
1,309,200
495,900
4,997,600
194,400
672,479
11,796,000
400,000
200,000
500,000
500,000
1,000
1,000,000
500
100
570,000
78,000,000
100
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
1,000
1,000
1,000
1,000
500 Ac.
100 Ac,
1,000
£200
1,000
1,000
1,000
50
100 Ac,
100 Ac
1,998,400
291,700
1,000
2,193,000
745,000
92,300
1,000
1,000,000
....
2,000,000
500 Ac
£200
814,000
1*986,000
1,000
1,000
281,000
631,000
500 Ac
1873
100
145,500
775,000
325,000
4,000,000
1874
1,000
500,000
A S.
& S.
& D.
A 8.
& O.
A N.
A J.
J. A J.
M. & N.
J. & J.
J. AJ.
M. A N.
M. A N.
M. & N.
& J.
M. & N.
J. & J.
M. & N.
M. & N
A. & O.
F. A A.
J. & J.
M. & 8.
Various
A. A O.
J. & J.
J. & J
J. & J.
A. & O
J. & D.
J. A J.
A. & O
J. & J.
J. & J
M. A N
Detroit <£ Milwaukee.—This road was operated by
the
Great Western of Canada, but defaulted
in 1873. and is to be sold in forecl' sure.
Of
the bonds of June, 1866, $1,238,000 are in the
hands of the Merchants’ Bank of Canada, redeem¬
able $100,000 per year, if earned. The Detroit &
Pontiac interest has been paid. (V. 22. n. 110. 209,
281, 399; V. 23, p. 86; V. 24, p. 39, 111, i 56.)
Dubuque
Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross earn¬
April 1, 1878
Feb. 15,18845
Jan. 1, 1878
Sept., 1 1886
do
do
do
do
Various.
Detroit office.
N.Y.,M.K. Jesup,P.& Co. April 15, 1877
do
do
1883
1894
do
do
N.Y.,M.K. Jesup,P.& Co
do
July, 1883
Oct., 1883
June, 1900
do
N.Y., N.Y. Cent. & Hud
N.Y., Brown Bros. & Co. Jan. 1, 1908
N. Y.,R. T. Wilson & Co
April 1, 1876
N. Y., Gallatin Nat’l B’k July 1, 1900
N. Y.,R. T. Wilson & Co.
1880 to 1886
do
do
May 1, 1886
J.
7
7
7
7
6
6
A
6
7
7
7
7
7
3
7
g-
7
cr
O•
g-
g.
In 1875 gross
$1,194,268.
Stock, $2,1300,000. Road leased
mostly held by New York Central &
& Columbia.—Sold in foreclosure. Aug.
10, 1876, for $297,500, to first mortgage bondholders.
15; V. 22, p. 321; V. 23, p. 159,183,256, 450.)
{Mass.). —Company embarrassed
1875.
A general mortgage was made to fund the old issues
of de^t. bearing 3*4 per cent for three years, 4 per
cent for three years, and 6 for balance of term.
To
February, 1877, certificates had been issued for
$U,628.0!i7. The Eastern in N. II., a separate cor¬
poration. is leased; see V. 25, p. 40. (V.23, p. 15,
63, 86, 134, 159, 4.7, 62 1; V. 24, p. 157, 104.)
Eastern Shore.—Formerly leased, but now oper¬
ated on own account since*December. 1869. Coup¬
ons on 1st mort. due Jan. ’77 were paid/ (V. 22. p.-
297.)
Elmira &
do
do
do
do
A
1%
East Pennsylvania.— Leased to Philadelphia &
Reading at 7 per cent on stock and bonds. Divi¬
dends are 6 per cent per annum.
Detroit Lansing cfe North.—Coupons of Ionia A
Lansing bonds are paid in cash. The old road was
sold in foreclosure December 14, 1876, and new
company organized by bondholders, who issued new
securities..- (V. 22, p. 399, 446; V. 23, p. 599.)
N.Y.,M.K.Jesup,P.&Co.
1886
Nov. 15, 1873
Nov. 15,1873
J.
M.
M.
M.
A.
J.
J.
J.
M.
M.
J.
7
5
1
3 is
7
7
7
7
7
7
7
6 g.
7 ft.
7 g.
7 g-
Allegh. Valley & Pittsburg.—A consoli¬
Eastern
New York A London.
1889
1880
1875
1875
1875
1875
O.
N.
J.
J.
O.
2*2
3*e
Des Moines cfc Fort Dodge—Th!s is part of the
Detroit Eel River <fc Illinois.—Sold in foreclosure
Julv t>, 1877, for $750,100. (V. 22, p. 305; V. 21, p.
316; V. 25, p. 40.)
July 1,
May 1,
N.Y.,M.K. Jesup,P.& Co. May 15,
do
do
May 15,
do
do
May 15,
do
do
May 15,
New York A Detroit.
July 1,
1906
1, 1880
Apl. 1, 1886
May, 1877
July, '1877
6
6
East Tennessee Virginia cfc Georgia.—Gross earn ings year ending June 30, 1876, were $1,058,951; ex¬
penses, $715,394, and net earnings, $343,559. Annual
report, V. 23, p. 402.
Valley, reorganized after foreclosure.
Coupons of Jan., 1817, are funded. (V. 21, p. 488.)
do
do
&
A
A
&
&
A
A
3^
miles.
Divides competitive earnines with Kansas Pacific
and Atch. Top. & 8 F. Defaulted on coupons May,
1877. (V. 23, p. 329, 450; V. 24, p. 444.;
Des Moines
.
do
do
M.
J.
A.
M.
J.
J.
A.
Duchess
p.
Sept. 1, 1907
June, 1892
March, 1885
April 15,1880
N. Y., Rutten & Bonn.
Nov. 1, 1900
Jan. 1, 1904
New York.
N. Y., Mercantile Bank, June 1, 1891
do
do
Feb. 1, 1888
1907
Boston, Co.’s office.
July 17, 1877
Mar. 1, 1888
July 15, 1873
Sept. 15,1896
dation, Dec. 1, 1872.
(V. 20,
July 20,1876
March 1,1881
& J. Phila., by P. & R. RR.
A S.
Phila., P. A R. office.
& J.
Boston.
& S.|
do
Dubuque Southwestern—YwcXcy to Cedar Rapids,
earnings, 1874, $117,107—$5,8 .0 below
and bonds
Hudson.
Dividend.
J.
M.
J.
M.
la.—Gross
1873.
Dunkirk
New York Office,
do
do
do
do
do
do
do
do
do
do
Stocks—Lust
,
ya
H
'
709,500
182,600
3,000,000
4,457,714
12,076,000
14,400,000
10,000,000
1,000
1,000
were
.
r
ings first ten years, and 36 afterwards.
earnings
7
8
7
7
6 & 7
6 g7
7
8
7
7
10
190,000
....
1847
1849
1853
1857
1858
1861
1863
1865
1870
1874
1873
Q.-J.
M.
M.
J.
M.
A.
M.
(?)
600,000
370,900
1,897,000
770,000
81,000
2,500,000
1,000,000
628,525
pal, When Due,
When Where Payable, and by
I Payable
Wnom.
500,000
1860
1863
cumulative)
1st mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to 1879)....
Delaware Lackawanna dk
1,000
1856
—
pany’s operations consist in large part of coal
No annual report is
mining and transportation.
made, except that required to the State authorities
of Pennsylvania. In a brief report, February 20,
1877, netearirngs for 1876 are given at $4,001,861,
interest and rentals $3,280,036, balance net income
$12!,824. The mortgage authorized for $10,000,000
is to take np prior bonds with $2,W20.0!X), and the
1,000
1870
50-’56
1856
(extended for 20 years)
exchangeable (iut. ceased Sept.,’76)..
1st mortgage
100 Ac.
100 Ac.
500 Ac.
1868
36
36
114
Eastet'n Shore, (1/d.)—1st mortgage, convertible..
2d mortgage, convertible
Elmira <£ Williamsport—+Stock common
Preferred stock
Rate
Cent
1,633,000
1,000
....
East Pennsylvania—Stock
1st mortgage
Eastern {Mass.)—Stock
Essex RR.lst mort.
500 &e.
Bonds—Princi¬
INTEREST OR DIVIDENDS.
l
Outstanding
Amount
$50 $26,200,000
1856
1877
1872
1859
1858
1870
1874
1871
1873
1877
1869
1870
1855
1856
1860
1863
1866
1853
1853
1851
1854
1853
1866
Bonds (convertible June 1, 1875 to ’77)
Lackawanna & Bloomsb., 1st mort. (extension)..
do
do
2d mortgage
Denver <6 Rio Grander— 1st mort., gold, sink, fd
Des Moines d* Fort Dodge—1st mortgage, coupon
Detroit, Eel River <6 III.—1st mort., coup, or reg
Old loans
[July 28, 1877.
Williamsjxrrt.—Leased in 1833 to North¬
Rent amounts to $165,000
Si-
Boston and London
J* Fliila., Girard Nat. B’k.
do
do
Phila., Penn. R. It. Co.
do
do
Phila., Penn. Trust Co
Phila., Penn. R; R. Co.
do
do
do
do
do
do
do
do
A S.
do
do
A 8.
A 0.
do
A D.
do
A J.
do
UO
do
do
A I).
A S.
London.
A s. New York and London.
A D.
London.
J.
do
Q
Q —M. N. Y., Union Trust Co.
J. A J.
do
do
A. A O.
do
do
J. A J.
do
do
A. A O.
do
do
Boston.
J. A J.
M. A .S New York and Boston.
A. A O. Boston, Second N. Bank
J. A J.
London.
J. A J. N.Y.,Farm,L’an A T.Co.
M. A N.
do
do
do
F. A A.
do
M. A N. N.Y.,Farm.L’an A T.Co.
J. A J.
do
do
J. A J.
Boston Office.
A. A O.
do
& N.
-
.
Jan.
1, 1880
1, 2862
1, 1873
1, 1873
May 1, 1897
Sept. 1, 1879
Mar. 1, 1883
Oct. 1, 1880
June 1, 1888
July 1, 1891
Jan., 1893
Sept. 1, 1875
Sept. 1, 1920
Jan.
Oct.
Oct.
Oct.
Mar. 2, 1894
Jan. 1. 1903
June 10,1877
July 1, 1*882
April 1, 1890
July 1, 1898
Oct. 1, 1890
Jan. 1,
Mar. 1,
1889
1899
April 1, 1899
July I, 1897
Jan. 1, 1887
Nov. 1, 1887
Aug. 1,. 1880
May 1, 1900
July 2?f *1877
April 1, 1894
stock arc payable till March 1, 1877,
10 per cent is added.
Interest on
but after that
the first five
mortgages is paid. Foreclosure suits were com¬
menced under the fifth and consolidated mortgages,
but overdue interest on fifth mortgage was paid.
The following comparison for four years is from the
company’s renort to New York State Engineer for
the years ending Sept. 30 :
Gross
Net
Interest,
1875-6
Earnings.
Earnings.
Rentals, Ac.
$15,852,461
$3,621,260
$5,538,194
1874-5....... 16,876,858
4.197,728
6,351,781
1878-4
* 5,035,161
18,598,899
5,021,025
1872-3........ 20,012,607
6.371,965
3,425,280
1871-2
18,871,888
5,777,383
2,989,445
(V. 22, p. 41, 42, 158, 233, 281, 305. 375, 423. 447. 487,
521, 545, 590; Y. 23, p. 15, 63, 104 134. 183, 207. 233,
353,450.478. 499,615, 621. 646: V. 24, D. 16, 29,
89, 204, 226, 249, 274, 321, 346, 369, 396, 420, 46*>, 518,
512 )
Erie
Pittsburg.—Leased in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 per cent per annum on stock
and debt. Net earnings, 1875, $226,787.
V. 20, p.
425.)
European
&
North
American.
—
Defaulted
in
A very complete statement of debt, includ¬
bonds pledged for loans, in V. 21, p. 315. Inter¬
1875.
ing
paid on 1st mortgage and Bangor A I*. (V. 22
374; V. 23, p. 63, 256,3^9, 353, 547; V. 24, p. 468.)
est is
p.
Evansville & Crawfordsville.—Common stock is
*1,044,400; preferred, $100,000. Net earnings 1875-6,
$159,162. The company has paid interest regularly,
but no dividends. (V. 21, p. 488; V. 23, p. 499.)
Central for 999 years.
per year.
Evansville, Teire Haute & Chicago.—in 1874-5 net
earnings were $114,089. (V. 21, p. 136.)
Erie.— Mr. II. J. Jewett, the president, was ap¬
pointed receiver May 26. Negotiations for settlement
with bondholders pending, and assessments on
Net income, 1875-6,
ern
Vermont & Massachusetts.
$529,616; dividends. 8 per cent
(V. 21, p. 39, 590; V. 23, p. 548.
Fitchburg.— Leases
for some years.
July 28,
RAILROAD STOCKS AND BONDS,
1877.]
xix
Subscriber* will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
For
explanation of column headings, &o., see notes
at the head of flrat page of tables.
1
Miles Date
of
of
Road Bonds
233
60
1st m. on 20m., 2d oA 40; 1. gr. 153,600 ac., 2d d.
1st mort., land grant 358,000 acres, 3d div
Flint & Holly RR. (sink’g fund $25,000 per year).
190
17
13
Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar by lessees
1872
1866
1868
1868
1867
....
65
58
Holly, Wayne
Monroe, 1st mort., sinking fund.
Flushing, Northshore &• Cent.—1st mort. (FI. &N. S.L
2d mortgage (FI. & N. S.)
Central of L. I., 1st mortgage
do
do
Extension 1st mortgage
10
Fonda, Johnstown <£* Gloversvilte—1st mortgage
100
Fort Wayne, Jackson <6 Saginaw—1st mort., coup...
100
2d mort. and equipment bonds, coupon
109
Fort Wayne, Muncie <£ Cincinnati—1st mort.,gold...
109
2d mortgage—
26
Framingham <£ Lowell—1st mortgage bonds
82
Galveston, Hatu'isb.d: Sail Antonio— 1st mort, gold...
50
Galveston, Houston <£ Mend, of 1871—1st mort
35
Geneva, Ithaca <6 Sayre—1st mort., s. f., gold
232
Georgia Railroad <£ Banking Co.—Stock
Bonds, not mortgage
Gilman, Clinton <£• Springfield—New bonds
335
Grand Rapids <£ Indiana—Stock
1st mort., land graut, gold (guar, by Pa. RR)
335
1st mort., land grant, gold, not guaranteed
335
Income mortgage bonds, for $10,000,000
335
Grand Trunk (Canada)—Consolidated stock
1,377
New stock for £10,000,000
Debenture stock for £8,000,000 (act of 1874)....
....
....
Outstanding
$100
$3,298,200
1,000
1,000
500 &c
500 &c
500
....
....
1871
1869
1870
1872
1873
1870
1869
1871
1869
1871
1871
1,000
500 «fcc
1,000
500 &c
500 &c
100 &c
1,000
....
1,000
1,000
....
1873
1,000
1872,
1870
1,000
100 &c.
100
....
1877
1869
1869
3,000
1,000
1875
1,000
£25
£100
1873
1875
on
.2d
j
do
Postal bonds, &c., secured by gov’t business
lstpref. bonds, conv. into 1st pref. stock
2d
do
do
2d
do
3d
do
conv
State
....
....
....
....
....
....
....
....
....
....
.
....
coupon
do
do
do
do
New bonds, coupon
Greenville & Columbia— 1st mort.,guar.by
Bonds not guaranteed
New mortgage (for $2,500,000)
....
....
....
Great Western {Canada)—Common stock
Preferred 5 per cent, convertible into common...
Debentures
Mortgage bonds,
.
..
495%
350
350
350
350
350
145
143
Gulf, Western Texas <£ Pacific—1st mortgage
1st mort. (Conn.)
Housatonic—Stock
:
Preferred stock
2d mortgage
Bonds of1869
Bonds of 1873
Houston <£ Texas Cent.—1st M., (main)
....
....
....
....
300,000
2,800,000
4,000,000
3,787,000
213,000
£3,486,787
7,500,000
Payable
Where Payable, and bv
Whom.
M. &
&
&
&
N. Y., Meehan. Nat. B’k
do
do
do
do
8
7
8
10
10
10
8
8
7
7
7
7
7
8
8
7
8
7
6
7
7
3
7
7
g.
g.
g.
g.
J.
M.
M.
J.
M.
J.
J.
M.
M.
M.
M.
J.
J.
A.
A.
A.
F.
J.
J.
J.
J
N.
J.
S.
N.
J.
8.
J.
J.
N.
N.
S.
N.
J.
J.
0.
O.
O.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
N.Y., Merch’nts’Ex.B’k
Newark, N. J., Saw Ins
New York.
do
N. Y.,
Mech., Nat. Bank.
N.Y., Chatham Nat. Bk
do
do
do
do
do'
do
N.
N.
Y., St. Nich. Nat. B’k.
Y., Farm’s. L.& T. Co.
do
do
Boston, Office.
do
A.
Bost. & London.
J. N. Y., F. P. James & Co.
J. N. Y., Metrop. Nat. B’k.
J. Augusta,Ga., RR. Bank.
J
Loudon.
7 g.
7 g-
J.
& J. N.
A. & O.
7
M. & S.
Stocks—Last
Dividend.
May. 1902
1, 1887
Sept. 1, 1888
May 1, 1888
July 1, 1882
Jan.
Sept. 1,
1,
1,
May 1,
->
1901
1880
Mar. 1,
1902
May 1, 1903
July 1, 1900
July 1, 1889
Oct., 1881
Oct., 1889
April, 1896
2.891
1910
'
July 1, 1902
July 1, 1890
Jan. 15, 1877
i887
1899
1899
1906
Y., Winslow, L. & Co.
do
do
1887
1876
Jan.
Jan.
do
do
-
-
gold, l.gr.,s.f.
1st mort., West div. (Hempstead to Austin)
1st M., gold.Waco & N’west (Bremond to Waco)
Consol, inert., 1. gr. (coupon, but may be reg’d)...
Huntingdon <£ Broad Top—1st mort., gold
2d mortgage, gold.
,consolidated
Scrip for past due coupons
3d mortgage
Illinois Central—Stock
•
»
1868
Redemption, 1st and 2d series
....
.
.
.
Various
1,6*00
1,000
505,753
2,001,480
127,000
485,000
62,000
1,000.000
1,413,071
632,237
m
m
m
•
•
1,000
2,305,000
1,000
1,000
940,000
2,864,000
416,000
367,500
1,383,000
97,907
29,000,000
2,500,000
2,500,000
4,598,000
....
50
....
500&C.
....
100
100
....
....
500
500
1,000
ioo
1
1864
1875
1874
1875
5^87,224
1,000
...
.
i
1,386,000
675,000
9,167,700
3,000,000
159,000
4,000,000
500,000
1,200,000
1,182,550
700,000
481,000
1,574,000
820,000
1,180,000
100,000
300,000
150,000
6,227,000
1867
..
—
.
100
100
707
General mortgage, sterling
5-
509000
500,000
1,200,000
3,218,149
2,327,808
7,166,910
£5,463,978
6 g
6 g.
A.
J.
Various. F.
J.
5 g
5 g
J.
4 g. J.
A.
m
A.
2**
5
J.
6
J.
A.
5i*
A.
5i*
6
J.
7
& O.
& J.
& A.
& J.
& J.
& J.
& O.
& 0.
&
&
&
&
&
J.
J.
O.
O.
D.
....
London, at Co.’s Office.
do
do
do
do
do
do
do
do
do
do
London
Montreal.
do
do
London Joint Stock B’k.
do
do
do
do
do
do
do
do
Columbia, Co.’s Office.
do
April, 1877
Jan., 1920
Perpetual.
Irredeemable^
Irredeemable.
Irredeemable.
April, 1874
April, 1874
Perpetual.
July, 1876
Oct., 1877
Oct., 1878
Dec., 1890
1881 to 1886
do
1876
1853
261* 1853
95*2 1850-2
120
120
74
1869
1873
343
1866
118
1870
47
1873
461
1872
58
1854
58
1857
58
1865
•
£100
£100
£100
....
15
53
54
54
Harlf., Prov. rf; Fishkill—1st mort. (R. I.)
....
iioo
1863
1870
1st mortgage
.
£20*2
....
1853-7
Harrisb., Fortsm’th,Alt. Joy & Lane.— Stock
.
....
143
69
43
275
275
Missouri State loan
Land grant mortgage
Bonds 1870, convertible
1st mortgage (Quincy & Palmyra RR)
1st mortgage (Kansas City & Cam. RR.)
.
£100
....
Hannibal <6 Naples—1st mortgage
Hannibal <£ St. Joseph—Common stock
Preferred stock (7 p. c. yearly, not cumulative)...
Sterling bonds, (sinking fund £20,000 yearly)
Mortgage, sterling
200,000
300,000
1,500,000
500,000
1,800,000
500,000
500,000
1,700,000
1,493,000
600,000
4,200,000
When
Cent.
Bonds—Princi¬
pal, When Due.
3,111,500
all rolling stock
do
i,oooboo
Rate per
i;oeo;ooo
Canadian debentures
do
3,185,000
32,000
2,072,000
400,500
100,000
75,000
96,405
1,000,000
800,000
400,000
530 000
-
Equipment mort., 1st
INTEREST OR DIVIDENDS.
Amount
Value.
....
....
Construction bonds
^
or
Par
233
Flint <& Fere Marquette—Stock
Consolidated mortgage, sinking fund
4
Size,
500 &c.
£200
£200
£200
1.000,000
7 g.
7
7
6
7
8
8
10
3ig
6
7
7
2
7
6
J.
& J.
M. & N.
J. & J. N. Y., B’k. No. America.
A. & O.
do
do
do
M.‘& S.
do
F. & A.
do
do
T. & J.
do
*
do
J. & J.
Phila., Co.’s Office.
T. & J.
do
do
T. & J. Hartford, Am. Nat. B’k.
do
J. & J.
do
Q.-J.
F. & A.
....
....
Aug., 1870
1884-1887
April 1, 1881
18&5
1892
1886
1877
1883
1876
Jan. 1, 1876
Mar.,
Jap.,
Jan.,
July 1,
July 1,
Jan. 1,
Bridgeport & Boston.
July 14. 1877
Bridgeport and Boston.
1885
1889
1883
do
do
....
7g.7
7
8
7
7
7
6 &
2
6
6
5
5
Jan. 1, 1908
Nov. 1, 1888
g.
g.
g.
g.
7
). & J. N. Y., Nat’l. City Bank.
do
do
T. & J.
J. & J.
do
do
A. & O.
do
do
A. & O.
Philadelphia, Office.
do
P. & A.
do
A. & O.
do
do
do
do
July 1, 1891
July 1, 1891
July 1, 1903
Oot.
Oct.
Feb.
1, 1912
1, 1890
1, 1895
April 1, 1895
tmm
....
P. & A.
A. & O.
g.
IA. & O.
g.
g.
J. & D.
j A.
N. Y., Co.’s Office.
N. Y., Co.’s Office.
London.
O. London,Morton R.& Co.
do
do
Aug.
April
April
April
1,
1,
1,
1,
Dec.
1. 1905
f
1877
1899
1895
1903
Flint db Pere Marquette.—Gross earnings 1876, company was organized and $2,000,000 stock issued
mortgage, May 22, 1877, for $250,000. (V. 24, p. 136t
$1,000,368; net earnings, $366,074. The lands are in to old bondholders. In July. 1877. passed into Ill. 346,495.)
Hannibal db St. Joseph.—The company has over
five trust; sales in 1876, 7,538 acres, for $76,210; Central control.
(V. 23, p. 86, 428; V. 24, p, 274;
total to Jan. 1, 1877,270,343 acres, for $2,219,005; V. 25, p. 16.)
$2,500,000 in land notes, and about 100,000 acres yet
unsold. No report has been issued since 187)1. (V*
Grand Rapids & Indiana.—An official description
lands yet unsold, 241,158 acres. Coupors on consol,
bonds pissed Nov., 1875, and part were funded. (V. of bonds was given Jan., ’75, as follows: $4,000,000
23, p. 112. 478; V. 24, p. 40, 198, 558, 614.)
are “Guaranteed Bonds.”
Harrisburg Portsmouth Mount Joy db Lancaster.—
22, p. 668; V. 23, p. 159; V. 24, p. 297.)
Principal and interest
Flushing, Northshore db Central.—A consolidation guaranteed by the Pennsylvania Railroad Com¬ Leased to Pennsylvania Railroad, which owns a
in 1874 or seven companies. Now leased to L. I. pany, and are also a lien upon the land grant.
majority of the stock.
RR. There are, in addition to above, $125,000 N. Y. No. 1 to 4,0 0.
Hartford, Providence dt Fishkill.—'This road forms
$3,020,000 are “ Unguaranteed
a part of the proposed line of the N. Y. & New
secured
hv
the
same
& Flushing RR. 78; $149,oOO North Shore 7s; and Bonds.”
which
are
England Railroad. The bonds fell due Jan.. 1876.
$93,000 Whitestone & Westchester 7s.
mortgage aB the guaranteed bonds on the en
Fonda, Johnstown, db Gloversville.—Net earnings tire land graut. $980,000 are “ Ex. Land Grant but citv of Providence declined payment and suit
1872-3, $45,957.
Bonds,” being a part of the orignal $1,000,000 un- is pending. (Y. 22, p. 87, 304; V. 24, p. 166.)
Housatonic.—Lease* Berkshire Railroad, Stock
Fort Wayne% Jackson & Saginaw.—Traffic guaran¬
een redeemed by the operations of the sinking
tee 40 per cent from Michigan Central. Interest was
bridge & Pittsfield, and West Stockbridge. Gross
passed January, 1874. Gross earnings, 1874, $282,882; fnnd. When the land certificate is detached they earnings in 1875 6 were $656,544; net, $255,111. (V.
are no longer a lien on the land, but, by the terms of
22, p. 232; V. 24, p. 274.)
net, $127,309. (V. 20, p. 691; V 22, p. 352.)
Houston A Texas Central.—Grpss earnings in 1876
Fort Wayne, Muncie
mortgage on the whole
cft Cincinnati.—Receiver the trust creed, remain a fl
were $3,162,518; net earnings, $1,277,321.
line
and appurtenances. Dec. 1st, 1875, an agree¬
Interest
appointed November, 1874. (V. 23, p. 396.)
charge, $950,000. In Mar., ’77, application was made
Framingham & Lowell. —Leased to Boston, Clin¬ ment was made with Continental Improvement Co.,
for a receiver.
ton & Fitchburg; has also $150,000 8 per cent bonds.
(V. 22, p. 828; V. 28, p. 158; V. 24,
whereby that Co. surrenders the 1st mortgage gold
bond after redemption by sinking fnnd, and takes
p.64, 227, 249, 275, 299,346, 369, 420, 444.468.495, 518.)
Galveston, Harrisburg <jfc San Antonio.—Net earn
Huntingdon db Broad Top.—Capital stock is $2,ings 1876, $309,416. (V. 22, p. 375; Y. 23, p. 428; V. income bonds instead. (V. 21, p. 110, 534; V. 24, p.
052,800. Gross earnings in 1876 were $270,441; net.
24, p. 136.)
66$.)
Grand Trunk {Canada).—The above figures repre¬
$143.8)5. Interest passed on 3d mortgage bonds.
Galveston, Houston db Henderson.—(Y. 22, p. 3*5;
sent pounds sterling.
V. 2A, p. 181.)
Gross earnings in half year (V. 22, p. 206; V. 24, p. 36».)
Illinois Central.—A general mortgage provides for
Geneva, Ithaca <fe Sayre.—Sold Sept. 2, 1876, and ending Jan. 1, 1877, £893,882; expenses, £716.640:
re-organized, this mort. being the old I. & A. mort. netearcings, £177,242. (V. 22, p. 445; V. 23, p. all the bonds now outstanding. It is limited to
$15,000,000. The Company has become interested
(See V. 23, p. 256, 304. 451; V. 24, p. 110.)
134, 159, 4 77, 548; V. 24, p. 396. 467.)
in the purchase of the N. 0. Jack. & Gt. North, on
Great Western {Canada).—The above figures are
Georgia Railroad db Banking Company.—The an¬
nual report for the last fiscal year, ending April 1, given in pounds sterling. Company operates several
foreclosure, and will probably have a similar interest
1877, was published in V. 24, p. 466. A comparative roads in Canada, amounting to 156X miles, and the in the Miss. Central when sold under consolidated
Det. & Milw., 189 miles. For the half year ending
statement for three years was as follows:
The annual report for 1876 (V. 24, p.
mortgage.
1874-5.
1875-6.
1876-7.
Jan. 31, 1877, th# gross receipts were £401.628;
134 and 363) gives causes for decrease in earnings,
Tot. gr. earng’s... $1,281,907 $1,104,324 $1,143,128 working expenses, £313,715; net earnings. £87,913.
prospects, &c. The following is a comparisonfor
Operat g expenses.
Gross
Net
Interest,
826,097
643,110 (V. 22, p. 446; V. 23, p. 134. 159, 379, 426; V. 24, four years:
641,677
Year.
Net earnings
552,646
500,017 p. 396, 467.)
455,809
Earnings.
Earnings.
&c.
In May, 1875, thiscompany, with the Central Georgia,
1876.
Greenville & ColumlAa.— This company defaulted
$616,792
$7,040,969
$2,144,776
1875
2 670,081
7,602,556
661,098
purchased at foreclosure sale the Western Railroad several years since, but compromised with its bond¬
of Alabama.
(V. 21, p. 395; V. 22, p. 463; V. 24, holders.
1874
7,900,721
2,775,362
413,610
(V. 20, p. 568; V. 22, p. 110.)
8,268,325
2,530.890
558,437
p. 466, 468, 495.)
Gulf, Western Texas db Pacific.—Sold April .3,1877, 1873
Gilman, Clinton & Springfield—This company for $100,000. (V. 20, p. 428; V. 23, p, 256, 353.)
(V. 22, p. 16. 256; V. 23, p. 451, 525; V. 24, p. ill,
defaulted in 1874, and was sold June 8. 1876. Anew
Hannibal db Navies— Sold in foreclosure of 1st
134, 158, 368, 444, 518.)
-
fuaranteed bonds, which have from time to time
RAILROAD STOCKS AND
Snbeerlbera will confer a great
Date
of
of
Road. Bonds
notes
Indianapolis, Bloomington d West.—1st mort.,
gold. ;■ 202"
202
2d mortgage
Ind.# Bloom., A W., Extension, 1st mort., gold—
Indian'polls Dec. d &pr— 1st M.,gld (for $1,800,000)
2d mort., (iuoome bonds only till July, 1881)
217
85
Lafayctte,—Stoek
Preferred stock (issued for funded debt
bonds)...
90
151
179
Indianapolis & Cincinnati of 1858
Indianapolis, Cincinnati A Lafavettc
do
do
Funded interest bonds, coupon
Equipment bonds, registered
Cin. A Ind., 1st mortgage
do 2d M., guar. ($1,000,000 due ’77 ext. to ’92)
Indianapolis d SI Louis—1st mort., in 3 series
20
20
71
71
117
117
459
204
255
Vincennes— 1st mortgage, guar
2d mortgage, guaranteed
ItUemational d Great Not'them—Consol, stock
International, 1st mortgage, gold
Houston & Great Northern, 1st mortgage, gold...
Infc. & H. & G. N. convertible bonds
do
do
2d mort., (exch’ble
Iowa Falls d Sioux City—Stock
1st mortgage,
for convert.)
Indianapolis & Madison, 1st mortgage
Jefltersonviilo, Madison A Ind., 1st mortgage
do
do
2d mortgage
Joliet d Northern Indiana—Int mortgage
Junction, Philadelphia— 1st mortgage
2d mortgage
Kansas Ctly, St. Joseph d.Council Muffs—Stock
1st mortgage, Council
Kansas City, St. Jo. &
do
do
income bonds, reg...
Kentucky Central—2d mortgage.
Lake shore dividend bonds, April, 1869
(C. & Tol. RR.) sinking fund
do
Buffalo A Eric, mortgage bonds
do
do
Indianapolis, Bloomington A Western—Default was
1874, and decree of foreclosure made
In May, 1877.
Receiver's certificates issued to con¬
siderable RMiount. The Danville, Urbana. Bloom¬
ington & Pekin is part of this rOart. *V. 22, p. 16,
fit. HO, 237, 875; V. 25, p. 03, 112. 478; V. 24, p. 156,
408, M2. 590; V. 25, p. 02.)
...
par
Value.
Amount
Outstanding
1,000
1,000
1,000
38,000
2,667,000
i;ooo
5,587,150
1,419,100
1,600,000
2,800,000
1,767,000
50
100
500 Ac*.
1,000
1,000
1,000
446,300
353,000
500,000
1,000
1,497,000
150 Ac.
500 Ac.
'
2,000,000
1,000,000
500,000
1,700.000
....
1,000
1871
1872
1872
1,000
1874
1,000
1,000
1,000
1869
1,450,000
7 g.. A.
7 g- J.
F.
8
F.
8
186*6
1,000
1877
1877
100 Ac.
400
4,500,000
2,500,000;
1869
4,000
1,000
1870
1867
1869
1862
1866
1870
1,000
1,000
100
500 A<*.
1,000
1,000
1,000
1,000
1,000
100
4 00
1855
1874
10,000,000
6,404,000
2/240,000
4,063,000
6,303,000
600,000
4,275,350
1/06,250
1,500,000
1/25,000
600,000
844,000
237,000
1,000
2,300,000
254,800
2,395,000
1874
100Ac.
100 Ac.
82
37
1181
1871
1871
1,000
666,000
100
100
49,460,500
864
864
864
1870
1870
1873
1,000
1,000
1,000
9,105,000
1872
1,000
1,000
1,000
3,395,000
864
451
451
95
95
258
162
162
88
88
88
62
37
1869
1855
1857
1859
1867
1869
1855
1866
1862
1866
1868
1876
1869
l'ooo
1,300,000
*
500 Ac.
1,000
....
2,850,000
924,000
400,000
April, 1888
Feb., 1897
June, 1899
O. N. Y., National City
do
do
J.
do
do
A.
do
do
A.
Sept. ’78/80/83
Sept. 1, 1883
Deo., 1892
Jan.’82/87/92
July 1, 1919
Oct, 1, 1900
July 1, 1881
1908
1900
B’k April!, 1911
Jan. 1, 1900
Aug. 1, 1892
7
7
6
J. A J.
J. a j;
A. A O.
7 g.
M. A N. N.
F. A A. N.
J. A D.
3%
6 g.
6 g.
M. A N.
gg.
g.
g.
~g7 g.
M.
J.
M.
A.
A.
M.
J.
A.
A.
A
A
A
A
A
A
A
A
A
S.
J.
8.
O.
O.
8.
D.
O.
F.
F.
F.
F.
J.
A
A
A
A
A
A.
J.
O;
rr
4
7
17
7
7
7
7
7
7
7
7
7
'
J.
A D.
O.
N.l
N.
J.
O.
O.
J.
O.
J.
S.
O.
F. A A.
J. A J.
for¬
de¬
(V.
Oct.
1, 1906
July 1. 1910
July 1, 1874
July 1, 1882
April 1, 1900
*1, 1880
1, 1907
1, 1907
1884
Now York.
A.
A. N. Y., Chase A Atkins.
do
do
A.
A
A
A
A
A
A
A
A
A
A
A
1, 1889
May. 1877
May 1, 1881
June, 1885
1904
do
do
New York Office.
do
do
X
—
A.
M.
M.
J.
A.
A.
J.
A.
J.
M.
A.
Jan.
Y., Loud. A Frankf’t. May 1, 1899
Y., Bk of Commerce. Aug. 1, 1895
June 1, 1896
do
do
1895 to’97
by transportation.
N. Y.. Bk of Commerce. Jan. 1, 1896
July 1, 1916
do
do
N. Y., Lond. A Frankf’t. July 1, 1880
Sept., 1886
New York.
New York A Frankfort. April 1, 1903
New York.
April 1, 1903
March, 1883
N. Y., Bank of America.
A. A O.
4
May. 1901
1900
1887 A 1889
Jan.
Jan.
Jan.
Boston, at Office.
do •
do
do
do
Q-J.
r"
Iron Mountain, Chester A Eastern.— This was
merly the Chester & Tamaroa. Bonds are in
fault since 1873, and foreclosure sale ordered.
22, p. 614.)
A
A
A
A
A
Payable
6
7
7
7
7
7
7
7
7
7
8
1, 1904
1, 1876
April 1, 1899
Feb.
Doc.
7
7
7
8
6
6
8
7
7
7
7
7
7
849,000
200,000
300,000
1, 1906
July 1, 1906
O. N. Yi, Nat. Park Bank.
N.
New York.
J.
J. Honesdale Nat. Bank.
J. N. Y., by Erie Railroad.
Q.-F. N. Y., Farm. L. A T. Co.
do
do
M. A N.
do
do
A. A O.
do
do
J. A J.
J. A j; N. Y., Farm. L. A T. Co.
J. A J.
Philadelphia Office.
do
do
A. A O.
5
1,000
1,000
1,000
500 Ac.
A
A
A
A
A.
M.
J.
J.
J.
7
7 g.
533,500
1,000
1,000
1,000
1,000
1912
Jan.
Q.-M.
]
1,210,000
4,457,000
1.071,000
5,256,000
2,310,000
1,000,000
1,000,000
1,402,000
1,595,000
Oct., 1909
Oct., 1890
Dividend.
*
5,500,000
3,264,000
4,084,000
2.907,000
2,052,000
4,625,000
660,000
4,000,000
300,000
2,000,000
2,000,000
397,000
2,526,000
2,000,000
800,000
500,000
300,000
2.789,413*
500,000
,
New York.
0.
do *
J.
do
J.
0. New York, Co/s Office.
do
do
J.
Where Payable
Whom.
A. A O. N. Y.,Amcr. Ex. Bank.
do
do
F. A A.
do
do
J. A I).
do
do
M. A S.
do
do
M. A S.
do
do
J. A D.
J. A J. Now York and Boston.
Various N. Y., Union Trust Co.
do
do
A. A O.
do
do
J. A J.
F. A A. N. Y.,Farm. L. AT. Co.
do
do
M. A N.
7
77
7
10
7
7
7
7
8
7
6
2,960,000
500 Ac.
Stocks—Last
Pay’ble
A. A
J. &
J. A
A. A
J. A
7 g.
8
7 g.
7 g.
7
pal, When Due,
and by
When
Rate per
Cent.
$5,000,000
1,500,000
5,500,000
$1,000-
1865
1866
1,000
1865-7
1.000
1866
100 Ac.
427
1866
250 Ac.
1870
4,000
1871
4,000
56*2 1873
4,000
331-2 1873
4 ,000
99
1853
....
Lafayette Bloomington d Miss.—1st mortgage
Lafayette Muncic d Bloomington— 1st mortgage
Lake Shored: Michigan Southern—Stock
Guaranteed 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon.
do
do
do
registered
2d mortgage, do. (for $25,000,000) coup, and reg.
Income bonds (s. f. $600,000 per yr.) coup, or reg.
Mortgage bonds of Oct., 1869, sinking fund
1st mortgage, sinking fund, M. S. A N. I
2d mortgage, Michigan Southern
2d mortgage (C., P. & A. RR.) registered bonds..
3d mortgage '
do
first made July.
673
245
140
253
394
34
99
162
3d mortgage
Keokuk d Dcs Moines—1st mortgage
Funded/n teres t bonds
Knox & Lincoln— 1st mortgage
or
500 Ac.
....
Bluffs A St Joseph
C. Bl., mortgage
Dot. Monroe A Tol., 1st mort., coup., guar
Kalamazoo A White Pigeon, 1st mortgage
1875
1858
1867
1869
1873
1873
1862
1867
1869
1870
1871
Size
100
247
52
247
1st M., 394th to 639th mile, I'd gr., 3,000,000 ac’s
1st mort., gold, coup., ou 140'miles west Mo. Kiv.
1st mort., gold, I40tli to 393d mile
2d mort (to U. 8. Gov.) ou 394m. west Mo. River.
1st mort., coup., (Leavenworth Branch)
Income bonds, column, 3d mortgage on 427 miles.
1st land li’ds, op, or reg., gold, on 2,000,000 acres
2d land mort.,
do
do
do
Arkansas Valley, 1st mortgage, gold, guaranteed
Juno. O. & Fort K., 1st mort., gold, land gr., guar
do
do
1869
1870
1872
1876
1876
4*2
Kansas Pacific—Stock
1st mortgage
2d mortgage
459
184
41
250
9
38
226
86
159
159
44
April 1/69
Chcslei'd A’.—1st mortgage, gold—
Jaekconv., Pens.d Mob.—Florida State bonds, gold...
Jeff*'son (Pa.)—1st A 2d rnorts. (Hawley Branch)..
1st mortgage (Susquehanna to Carboiulale)
Jeffersonville, Madison d Indianapolis—Stock
Iron Mountain,
Bond8—Prinoi»
INTEREST OR DIVIDENDS.
Miles
For explanation of column headings, Ac., see
at the head of first page of tables.
do
dlaeorered In tbeae Table*.
of any error
furor by giving Immediate notice
DESCRIPTION.
Indianapolis, Cincinnati d
[July 38, I«tt.
BONDS.
^
A
Aug., 1901
Aug., 1901
1, 1877
1, 1877
July 1, 1900
July 1, 1900
Dec. 1, 1903
Oct. 1, 1882
Feb.
Feb.
1, 1879
1, 1885
Nov. 1, 1877
Jau. 1, 1880
Oct, 1, 1892
April 1, 1899
July 1, 1885
April 1, 1886
July 1, 1882
Sept. 1, 1886
April 1, 1898
Aug. 1, 1906
Jan. 1, 1890
Oct,
~
May
o}~* —
rr>
3
3
•Sglp
«00fflr
g.a
o
si 3^
03h-/
o
-1
The company pa*d half the interest
(except incomes), after defaulting m
1873, up to November, 1876, and then went into
hands Of receivers. (V. 22, p. 545; V. 23, p. 38, 86,
478, 499, 515, 576; V. 24, p. 136, 444, 641.)
mile westward.
on
its bonds,
Jacksonville, Pensacola A Mobile—This road is
mortgaged for a like amount of Florida State bonds,
Kentucky Central.—This was formerly Covington
and is held by the rtate and noticed for sale April
& Lexington.
The company recently purchased
lhe Mayaville & Lexington road. In May, 1877,
Indianapolis, Cincinnati A Lafayette.—The com¬ 2,1877. (V. 22, p. 156; V. 23, p. 63, 256, 576; V. 24,
it paid a dividend of 3 per cent on prefeired. stock
pany defaulted July, 1870, and M r. Ingalls, President, p. 40, 204.)
and 2 per cent on common stock. (V. 20, p. 500; V.
wma
appointed receiver.
Gross earnings, five
Jefferson.— Leased to the Erie Railway Company, 21, p. 39; V. 24, p. 495.)
months. Aug.-Dee., 1876, $610,526; net, *303,035.
(v. 81, p. Vft, 277, 464, 465; V. 22, p. 257; V. 23, which pays interest on the bonds. (V. 14, p. 628.)
p. Ilf. 135, 183, 377; V. 24, p.181, 273.)
Keokuk A Des Moines.—Formerly East. Div. of Des
Jeffersonville, Madison A Indianapolis.—Leased Moines Valley. The stock is $1,524,000 pref. and
Indianapolis, Decatur & Springfield—This em¬ Jan. 1, 1873, to Penm-ylvania Company for interest $2,400,000 common. In year 1876-7 gross earumgs
braces the former Indiana & Illinois Central. The aud sinking fund of bonds, and 7 per cert, a year
were $581,9W; net, $170,443.
(V. 20, p. 520; V. 23,
peoond mortgage is issued to holders of old I.& I.C. on stock. Lease guaranteed by Penna. Railroad.
p. 588; V. 24, p. 617.)
firsts, and till July, 1881, Interest is payable out of In 1875, net earnings were $468,281.
(V. 20, p.
net earnings only, if sufficient. The remaining 67 426.)
Knox A Lincoln.— Annual report, V. 22, p. 304.
miles to Indianapolis is in progress.
Joliet, (6 Northern Indiana.—Mich. Central offered
Lafayette Bloomington A Miss. - Formerly leased
Indianapolis A St. Louis.—The stock, $600,000, is to extend with a 6 per cent, bond, but court decided
to Tol. Wab. & W.; now t© Laf. Muncie & Blobm.
Owned by Pennsylvania Co. and C. C. C. & I. This that total rent must be applied
to principal and
(V. 23, p. 353; V. 24, p. 445, 468, 518.)
company forms part of the Pennsylvania system, and interest of bonds; still in litigation.
Overdue in¬
leases the St. Louis, Alton & Terre Haute. (V. 21,
terest was paid May, 1877.
Lake Shore & Michigan Southern.— The bonds, as
(V. 20, p. 85, 140, 429;
p. 395; V. 24, p. 405.)
V. 21, p. 110: V. 22, p. 567; V. 24, p. 445.)
above given, are the amounts actually outstanding
after deducting those in sinking funds. The semi¬
Indianapolis A Vincennes.—I* controlled by Penn.
Junction (Phil's—Owned by connecting companies.
annual statement to July 1, 1877, showed a surplus
Oo through stock ownership, and interest is guar¬ Cost of road
of $354,000, after paying interc-t.
$898,321; paid-up stock, $185,000.
The annual
anteed by Penn. Railroad.
Net earnings in 1875
report for 1876 was published in the Chronicle,
were $32,708.
(V. 20,p. 426.)
V.
24,
p. 418.
The following shows a summary
Kansas City, St. Joseph A Council Bluffs—The
for the years named :
International A Great Northern (Texas).—'This was above statement is made of the securities as issued
1876.
1875.
1874.
since re-organization. Annual report of operations
• consolidation of the International and the Houston
Great Northern. Interest passed and funded. A in 1876, aud outline of plan for issue of securities,
Miles
1,176
1,175
1,175
in V. 25, p. 62.
(V. 20, p. 475 ; V. 22, p. 2.33, Gross earnings.. $13,949,176 $14,434,198 $17,146,130
new funding proposition offered Marci, ls77, see
495.)
V. 24, p. 29*. The company had an issue of Texas
Operat’g exp’es.
9,574,835 10,531.500 11,152,371
bonds granted it, but the grant was repealed and
Net earnings....
4 374,341
3,902,697
5,993,759
Kansas Pacific.— In 1876 gross earnings were
land given instead. (V. 2;\ p. 398; V. 23, p. 403:
50,000,000
Stock
50,000.000
50,000,000
$3,0o0,80:\ and net earnings $1,280,467, against Total debt
V. 34, p. 299.)
37,524,000
37,774,000
38.035,000
| $1,572,880 in 1*<75. The land grant is m two trusts, (V. 23, p. 33, 254, 622; V. 24, p. 16, 418; V. 25, p.
Iowa Falls A Sioux City.—Leased to Illinois Cen¬ i 2,iK)9,000 acres in the first, from the 1st to the 380th
16, 63.)
mile, and 3,000,000 acres in the second, trom 380th
tral at 35 per cent, on earnings.
f
1
subscriber* will confer a
explanation of column headings, &o., see
at tile bead of first page of tables.
Lake Shore £
8
notes
Miles
.
.
123
70
31
31
92
158
95
4
10
19
mortgage, sinking fund
Logansp't, Grawfordsc. & S. IF. of Ind.—1st mort., g
Long Island—Stook
1st mortgage, main extension and G. C. Branch.
Newtown & Flushing
New York & Rookaway
Smithtowu &, Port Jefferson
•
1,000
1869. 500 &c.
1870
1,000
1,000
1869
1,000
1870
1872
1,000
65
175
175
605
do
50
186*8
392
392
130
83
12
20
77
77
mortgage bonds, gold, coup
Memphis & Ohio, 1st mort., sterling, guar
Memphis & Clarksville hr., 1st mort., sterling
Lowell £ Lawrence— Stock
Lykens Valley—Stock
Augusta -1st mortgage.
2d mort., endorsed by Georgia Railroad
Macon £
197*3
Macon £ Brunswick—2d mortgage
Equipment bonds
Moaiison £ Portgage—1st mort., gold
39
26
357
357
Manchester £ Lawrence—Stock..'
Maine Central—Stock
1st mortgage, consolidated
Bonds ($1,100,000 loan) A. 6c. K. RR..
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds & Farmington Railroad loan
19
....
50
185*3
38
72
do
do
consolidated mortgage....
Belfast & Moosehead, 1st mortgage
33
90
Mansfield, Cold water £ L. M.—1st mortgage
Mansfield £ Framingham—1st mortgage
Marietta, Pittsb. £ Cleveland—1st M., $14,000 p. m.
22
100
276
Marietta £ Cincinnati—Stock, common
„
„
M
^
1857
1870
1870
1873
1871
1871
1851
1867
1870
2d
do
do
1st mortgage, dollar
1st mortgage, sterling
2d mortgage
3d mortgage
1856
1863
1863
1868
1873
1871
1872
1867
1869
1869
1870
187*2
Penneylv’a Company. Net earnings, 1875, 884,177.
Sinking fund has $14,000 bonds, (v. 20. p. 425.)
t®
Leavenworth, Lawrence & Galveston.—Defaulted
July, 1873. and began to pay half of cou¬
pons of 1873 in Jan., 1877. (V. 23, p. 40; V. 24, p. 158.)
Lehigh db Lackawanna.—Operated by Central of
New Jersey as a coal road.
Lehigh Valley-—This company’s earnings are
chiefly from anthracite coal. I’he gross income
from all sources, in 1875-6, was $8,037,247; net
$4,194,497. The company’s report gives no Retails
of the
construction sccouut, nor of the cost
or value of its
miscellaneous investments.
The
Amboy branch completed, with $9,544,038 spent on
it to December, 1876; has no mortgage debt. A com¬
parative statement for three years is as foHows :
on interest
1875-6.
4,150,660 3,277,527 3,951.513
$6,759,391 $6,016,495 $7,049,646
3,471,418 3,262,861 3,842,750
Funded debt
$3,287,973 $2,783,683 $3,203,896
24,505.447 27,092,297 27,228,920
16,859,000 22,129,000 24,186.000
Floating
debt
*
460,208
Net earnings
Capital stock
Anthracite.
1,000
1,000
50
500 <fec.
100 &c.
50
500
500
500
500
1,000
1,000
1,000
(V. *23, p. 183; V. 24, p. 1 lO.)
8
8
8
3
7
7
7 g.
10
$100,000
610,000
433,000
500,000
4,500,000
1,500,000
450,000
341,000
500,000
5,000,000
720,000
160,000
300,000
27,092,297
5,000,000
6,000,000
13,186,000
1.697,000
1,545,000
4,608,000
1,500,000
525,000
5,000,000
2,000,000
750,000
2,646,100
723,500
1,500,000
3,300,000
2*3
7
7
10
10
8
7
1
6
7
6 g.
7
7
2
6
6
7
7
3
7
8 g.
7
7
7
7
3
106,500
600,000
2,623 483
851,000
74,519
100,000
3,000,000
£200
£200
i‘00
200,000
600,000
i;ooo
1,000
1,000
1,000
1,000
500 &c.
500
6
6
7
6
7
7 g.
7
6 g.
3
1871
1861
1863
1865
1870
1871
1869
1870
100
500 &c
1,000
50
50
50
....
150,000
1,000,000
3,620,120
2,796,500
1,100,000
496,500
756,800
633,000
425,000
217,300
1,166,700
150,000
1,600,000
300,000
ioo
—
7
7
7
7
7 g.
5
1,100,000
100
100
100 &c.
2*2
370,000
600.000
1 408 912
2^500,000
3;ooo;ooo
May 1, 1902
M. & N.
June 9, 1877
Cincinnati.
MǤ3
Y., Bank of America.
Cincinnati.
M. & N. N
Various
July* 1,*
1895
April, 1900
Boston.
& J.
& 0. N. Y., Union Trust Co.
& J.
Philadelphia Office.
do
& O.
Q.—F. N. Y., Jones & Schuyler.
I.
A.
J.
A.
July, 1877
Oct., 1877
Aug., 1900
1873
Company’s Office.
M. & N. N.Y.,St. Nicholas N.Bk.
do
do
do
July, 1890
May, 1903
April, 1901
Sept., 1901
do
do
do
J. & J.
J. & J.
J. & J.
A. & O.
F. & A.
A. & O.
Various
M. & N.
A. & O.
A. & O.
M. & N.
J. & D.
F. & A.
N.
N.
Jan,, 1881
Y., Bank of America.
Jan.. 1897
do
do
April, 1900
Y., J. B. Alexander.
Louisville.
N.
.
imfkitV,
Y., Droxel, M. & Co.
do
do
Louisville.
do
N
1886
I
April, 1898
1, 1883
Deo., 1901
Aug., ir~
April 2, li
Nov.
Now York.
London, Baring Bros.
do
do
Boston.
May, 18*:
Philadelphia.
Q.—F.
isso-’ss
,
Oct, 15, 1893
Y., Droxel, M. & Co.
....
1887
1879
1889
1879
J. & J. N.Y.,M.K. Jesup.P.&Co.
do
do
J. & J.
A. & O. N.Y., M.K.Jesup,P.&Co.
A. & O.
Oct., 1890
New York.
M. & N. Manchester and Boston.
A. & O.
May 1, 1877
....
3 8.
3 8.
7
7 S-.
7
8
M.
M.
F.
F.
M.
J.
&
&
&
&
&
&
&
1869
July, 1873
Louisville.
April
O. Boat., Nat. B'kComTce.
i, *1912
1890 to 1891
A. Bost., N. Bk. Commerce
do
do
O.
do
do
j.
Portland.
j.
j. Bost., Nat. B’k Com’rcr.
Oct., 1900
July, 1898
July, 1901
July, 1891
Portland, Me.
A.
O. Bost., Nat. B’k Com’rce.
Belfast and Boston.
M. & N.
0.
May 15, 1890
Oct., 1911
A. & O.
f. & J. Boston, Bost. Nat.Bank.
F. & A. N Y., Winslow, L. 6c Co.
‘
interest
4. 1876,
postponed. (V. 23, p. 16, 63, 135, 329, 576, 599;
469, 565; Y. 25, p. 16.)
Louisville, New Albany db St. Louis Air-Line.—
This road is projected from Louisville to St. Louis,
and has 28 miles built. To be sold ir. foreclosure.
(V. 20, p. 16, 357, 453; V. 21, P- 86; V. 22, p. 3<8.)
Louisville db Nashville.-In 1876-7 surplus above
interest was $350,009. and a div. of 1*4 P> c. is to be
paid out of this. Gross earnings of main stem,
branches, and leased lines in 1875-6, $4,961,490; net,
$l,9o7,960; surplus, $207,092. after paying interest,
was
V. 24, p. 170,
Lykens
Feb., 1897
Philadelphia Office.
July 16, 1877
J. & D. Reg. atoftice, cp.B’kN.A
June, 1898
Sept., 1910
M. & S.
Philadelphia Office.
1898 & 1923
do
do
J. & D.
Jan., 1892
J. & J.
Philadelphia Office.
A.
F.
A.
r.
j.
j.
A.
and liabilities
assumed. (Y.
V. 25, p. 41.)
Valley.—Leased to Summit Branch Rail¬
Columbus road at $62,500 per annum.
Macon db Augusta.—Leased and operated by the
& Xenia, and both are leased to Pittsbnrg, Cincin¬
nati & St. Louis, guaranteed by Penn. RR., lessees Georgia Railroad, which guarantees all the bonds
assuming interest payment on bonds and 8 per cent except $’.90,000 of first mortgage. Gross earnings,
(V. 21. p. 157.)
on stock.
Net earnings, 1876, (L. M. & O. & X ) 1875-6, $108, 90; net, $11,886.
Macon db Bnmswick.—This road was sold June 2,
$226,555. (V. 20, p. 427; V. 24, p. 420.)
Little Rock £ Fort Smith.—Foreclosed Dec. 10,1874. 1875, and bought for the State; offered again for
Re-organized and stock issued for old bonds. The sale or lease January, 18:6. and again Jan., ’77. The
Georgia Legislature declared fraudulent $600,000 of
new mortgage is for construction to Fort Smith.
the endorsed bonds and issued State bonds to take
(V. 21. p. 418; V. 25, p. 63.)
Little Rock, Pine Bluff <fc X. O— Sold in foreclosure up the rest. (Y. 24. p. Ill, 181. >
Madison db Poi'tgage.—Consolidated as Chicago
Doc. 16, 1875, for $35,000. (V. 21, p, 535, 613.)
Little Miami —This company leases the
Ma^^l890
Q.-J.
.
,
&c. Nashville & Decatur is leased,
for the South & North Alabama are
23. p. 279, 3 7 6, 473; V. 24, p. Ill;
'
do
....
7
6
6 S7
6
6
6
6
6 g.
7
7
7 g.
Little Schuylkill.— Leased and operated by Phila¬
delphia & Reading. Dividends, 7 per cent.
Logansport, Crawfordsvitte & S. W. of Ind.—De¬
cree of sale made.
The total liabilities. September
1875. reported at $4,097,000, of which $321,000 were
receiver’s certificates. (Y. 22, p. 63; V. 23, p. 428.)
Long Island.—Gross earnings, 1874-5, $828,839;
net, $213,503. In January, 1876. a sale of stock was
made to Mr. Poppenhusen, and this road has since
leased the Flushing No Shore & Central, and the So.
of L. I
and all ure operated together.
(V, 22, p.
135, 158, 375, 447; V. 23. p. 112.)
Louisville, Cin. & Lex.—There are also $60,000 old
bonds ani $374,000 8 per ct. roortg. bonds of 1872
due 1902, and $1,582,500 7 per ct. mortg. bonds of
1873 due 1903. The company defaulted on
1873-4. Sale in foreclosure noticed for Dec
A. N.-Y.*Winslow, L.&Co.
O. N. Y., B’k of Commerce.
J. New York and Boston.
Boston Office.
N.
F. & A.
.
1,500,000
8,130,719
4,460,368
2,450,000
1,050,000
&
&
&
&
July, 1877
Aug., 1895
Oot. 1, 1889
July, 1899
Pittsburg Office.
Q.-J.
F.
A.
J.
M.
June,
1*2
400,000
1,000
registered in-]
M. & N.
A. & O.
M. & S.
6
6
7
8
981,000
77,000
333,000
7,109,000
2,000,000
3,500,000
2,369,710
J
Coupons are paid by
July 1, 1887
Chase & Atkins, 18
J.
July 1, 1887
Broad st., N. York,
J.
July 1, 1888
O. [ and
April 1, 1877
Var.
to July,’97
terest by Union
J.
June 1, 1894
Trust Company.
D.
J. N. Y.f Boston & Pliila.
Jan., 1899
do
do
Oot., 1902
O.
4*3
9,003,218
1,000
&
&
«fc
&
&
&
&
&
Stocks—Last
Dividend.
Whom.
Payable
J.
J.
J.
A.
J.
J.
J.
A.
pal, When Dun.
Payable, and by
....
250,000
225,000
Where
When
,
1,446,500
1,000
1860-1
1870
....
Lake Superior db Mississippi.— Land grant, 1,632,
000 acres. Foreclosure sale took place May 1, 187?;
re-organization made as St. Paul & Duluth. (V. 23,
p. 33, 329; V. 24, p.249, 370. 120.)
Lawrence.—Leased to Pittsb., F. Wayne & Chic,
at 40 per cent on gross earnings. Lease transferred
expenses..
.
100
Stock, 1st preferred.
Operating
1,000
1,000
1864
1868
Androscoggin Railroad, Bath City loan
Portland & Kennebec, 1st mort.., extended
1874-5.
1,000
1,000
1,000
1,000
1870
1873
1872
1875
1870
Rate per
Cent.
849,000
2d
1873-4.
.....
100
Louisville £ Nashville- Stock
Louisville loan, main stem (no mortgage)
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Consolidated 1st mortgage for $8,000,000........
♦Coal (tons) moved...
Gross earnings
....
•
50
Louisville, Cincinnati & Lexington—Stock
Preferred 9 per cent stock
Bonds to State Kentucky (perpetual loan)...'.
Louisville loan (to Louisv. and FraukFt)
Louisville, Cincinnati 6c Lexington, 1st mort
*
186*5
•
Amount
Outstanding
100,000
840,000
123
1st
2d
500 &c.
50
....
Little Rock, Pine Bluff A X. O.—1st mortgage
Little Schuylkill—Stock
do
1872
19
141
81
Street connection bds (jointly with Cin.& Ind.RR.
Little Rock £ Fort Smith—New stock
1st M., Id gr’t (750,000 acs) s.fund (for $3,000,000
do
1,000
....
•
$....
1863
1869
202
171
200
.
Value.
51
51
22
17
21
145
33
10
15
1st mortgage
do
Par
1867
1867
1868
156
.
Lehigh £ Lackawanna—1st mortgage
Lehigh Valley—Stock, common and pref
1st mortgage, coupon and registered
2d mortgage, registered
Gen, mort., gold, $ & £ (s. fd. 1 p.c. y’ly) coup. & reg
Delano Land Company bonds, endorsed
Lewisburg Centre £ Spruce Creek— 1st mortgage..
Size, or
12*
13
58
•
Income mortgage bonds
Lawrencer-Stock.
1st mortgage
Leavenworth Atch. £ N. W—1st mort., guar
Leaven., Law. £ Galv.—1st mort., l.gr. ,s.f., conv...
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
Little Miami—Stock, common
Date
of
Of
Road Bonds
Michigan Southern—(Continued)—
Schoolcraft & Three River, 1st mortgage
Kalamazoo & Schoolcraft, 1st mortgage
Kalamazoo, Allegan & Gr. Rapids, 1st mortgage
do
do
stock, 6 per ct. guai
Jamestown & Franklin, 1st mortgage
do
do
2d mortgage
Lake Superior £ Miss—1st inort., gold, l.gr.,s.f—
a
Bonds—Princi¬
INTEREST OR DIVIDENDS.
_
Tables.
Immediate notice of any error discovered In tbese
great favor by giving
DESCRIPTION.
For
xxi
RAILROAD STOCKS AND BONDS
1877.}
July 23,
&
&
&
6c
&
&
Sept., 1866
Sept., 1866
S.
S.
A. Balt., R. Garret 6c Sons.
London.
A.
N. Balt., R. Garret & Sons.
0
’C C
J.
& Superior. No bonds could be
the “Potter law.” (V. 21 p. 1Z.)
negotiated after
Manchester db La wre nee.—Formerly operated with
the Concord RR. as one line. Net earnings 1876-7,
$100,4:35. against $100,686 in 1875-6. (V. ^Vp/SP.)
Maine Centred.— The Maine Central leases several
roads.
The report of
the year’s onerstioM,
ending December 31, 1876, had the T0llowiPi£:
The total earnings for the year 1876 have been
$1,731,933; operating expenses, $1,042,081: net
earnings, $6*9,851—sufficient to pay all operating
expenses,
interest, coupons and rents,
and leave a
small balance. Th* report of the Treasurer ex¬
hibits the following general result, viz.:
Traffic receipts
Receip
s
from rents and wharfage
$1,726,<97
Receipts from dividends Newport &
ter
Railroad stock
5,135
Der-
800
$1,781,983
Total Income
Deduct working expenses
1,542,081
$689,851
Deduct for interest & dividends.
Deduct for rents of leased lines.
$597,364
54,000— 651,864
Balance to credit of profit and loss acct.
$33,486
There are also carried to the credit of profit and
loss account $116,6 K), for discour t of scrip and
sto'k exchanged, le?s the discount on
sold. There has been a decrease of $62,'35 in the
M. C. consols
outstanding liabilities of the company during the
last fiscal year. (Vol. 20. p. 313, 35d; V. 8$, p.
.
344.)
Mansfield, Coldwaler £ L. 2!'— Leased
35 ■; V. 24, p.
by Penn.
Company for net earnings. In hands of mortgage
trustees.
(V.20, p. 426; V. 22, p. 4t.)
Mansfield db Framingham.—Leased to Boston,
Clinton & Fit hbuig, at 25 percent of gross earn¬
ings. Consolidation made June. 18 75. (V. 20, p. 615.)
Marietta, Pittsb. db Clew. -There are also consol,
mortgage bonds. $2,850,00», 7s, gold, due Dec., 1908.
Sold in foreclosure June, *.877. (V. 24, p. 370, £65.)
Marietta
db
Cincinnati.—Gross earnings for
the
BAILEOAD STOCKS AND
XXII
BONDS
[July 28, 1877.
9obieriber« will confer a great favor by giving Immediate-notice of auy error discovered In tbese Tables*
DESCRIPTION.
Miles
For explanation of column headings, <&c., see notes
at the head of lirst page or tables.
Date
of
of
Road. Bonds
or
Par
....
....
....
....
30
ioo
1869
5*2
.
....
-
-
1,200,000
500,000
1,910,000
2,000,000
840,000
706,000
850,000
150,000
5,312,725
1,671,913
1,293,000
1,000,000
1,158,000
750,000
1,300,000
1,000,000
-
1,000
1,000
1,000
1,000
•
25
291
94
131
Memphis db Little llock— 1st mort., L gr
1873
1,000
1860
2d
mortgage
Michigan '"Central—stock
1st mortgage, convertible, sinking fund
1st mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage).
Michigan Air Line 1st mort., assumed by M. C
Equipment bonds
569
284
284
284
103
10
....
Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort,, guar
Grand River Valley, 1st mort., guar. 5
do
do
2d mort., guar
do
do
stock, giiar
Detroit & Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)
39
39
94
94
■
iio
116
236
57
57
126
147
140
32
35
100
db Tennessee—1st mortgage...
Mississippi'
Consolidated bonds
1872
1869
1874
1870
1870
1866
1869
1,000
1,000
1,000
1,000
1,000
1,000
1,000
786
182
Hannibal <fe Central Missouri, 1st mortgage
Missouri Pacific—Stock
1st mortgage, gold
2d mortgage (sinking fund $50,000 per annum)..
Real estate (depot) bonds
Debt to St. Louis County (no bonds)
3d mortgage
70
299
283
100
786
786
283
*
299
CarondeTetBranch, 1st mortgage
Missouri R., Fort Scott dt Gulf— 1st m. 1. gr. s. f
2d mortgage, coupon, may be registered
Mobile db Girard—2d mort.,'end. by Cent. Ga. RR..
Mobile db Montg.—Stock, (Authorized $3,022,517.).
Mobile db OAio^-Stock.
1
Convertible 8 per cent bonds
1st mortgage, sterling
1872
1865
1868
1870
1871
1869
1869
1870
1875
1,000
1,000
1,000
1,000
1868
1870
1856
1866
1,000
1,000
1868
1,000
1,000
2,649,000
1,000
14,752,000
5,157,000
1,000
50 (fee.
1,000
100
1870
1871-3
1876
1870
1868
1871
1872
15*2
161
1869
161
85
186
516
1870
1869
Interest bonds
21
1871
1871
40
1874
1875
Montgomery db Eufaula— 1 mort., end. by Alabama.
1st mortgage, not endorsed
1876 were $l,fi37,052; expenses, $1,291,870; net
earnings, $345,181, against $371,424 net earnings in
year
1875. The Baltimore & Ohio Railroad made large
advances for construction, &c., and when the B.
& O. ceased to supply money, a receiver was ap¬
pointed in suit to foreclose the 4th mortgage.
22, p. 208; V. 24, p. 2*4.)
500 &c.
(V.
80
80
p. 468.
1867
1870
Marquette, Houghton & Ontonagon.—This is a
consolidation of Marquette & Ontonagon and
Houghton & Ontonagon. Lands amount to 425,Stock,
$2,306,600.
Maryland & Delaware.— This line was leased by
New Jersey Southern, to form part of the
through route. Lately, decree of foreclosure was
(V. 20, p. 242; V. 22, p. 567, 615.)
Memphis <fc Charleston—This road was leased to
the Southern Railway Security Co., but in 1874 the
lease was cancelled and Mr. fy~T. Wilson, President
of the East Tenn. Va. & Georgia road, was elected
President. Net earnings, lv75-6, $321,230. Incline,
1877,
a
lease
was in * cle to
the East Tennessee Vir-
finia
& Georgia Company. (V. 23, p. 304; V. 24, p.
19, 565.)
Memphis & Little Rock.—Sold in foreclosure April
27, 1877. (V. 21, p. 15; Y. 22, p. 471;
170, 469; V. 25, p. 41.)
-
V. 24,
p.
16,
Michigan Central.—The annual report to May 31,
1877, will show gross earnings on main line and
branches of $6,483,000, and net earnings, $1,777,000.
Net floating debt, May 31, 1876. $728,510; May 3',
1877, $400,000.
The Jackson Lansing
Saginaw
debt is assumed by Michigan Central, which also
pays $70,000 per year on the stock, one-third of
which it owns
Interest was passed on the
Detroit & Bay City bonds, not guaranteed, Nov.,
1875. Detroit & Bay City earnings given in V. 24,
31*
10
7 g.
7
8
6
6
7
7
6
7
1,000
1,000
500 &c.
1 000
8
7500'000
5,000,000
500 &o.
1,947,000
1,000
300,000
100
100
2,794,800
1,000
977,550
5,643,000
g-
6 g7
4,000,000
1,000
1,000
g.
g.
g.
*
-
7
7
6 g.
10
10
8
Stocks—Last
Payable, and by
Whom.
Dividend.
M.
J.
JL
M.
J.
J.
J.
F.
M.
M.
J.
&
&
&
&
&
&
&
&
&
&
&
N.
do
do
J.
do
do
D. Balt., Merch. Nat. Bank
N.
do
do
J.
do
do
D. N. Y., Company’s office.
J.
do
do
A.
do
do
S.
do
do
N. Bost., Bk. of Commerce.
D.
do
do
J.
M.
J.
J.
&
&
&
&
J. N.Y., 3d
N. N. Y., R.
J.
do
J.
do
J.
A.
A.
M.
J.
M.
A.
M.
M.
J.
M.
J.
M.
M.
J.
M«
M.
M.
J.
F.
J.
J.
J.
J.
J.
A.
J.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
1, 1904
May 1, 1877
Jan. 1, 1900
June 1,1892
July 1,1891
Aug. 1,1892
Sept. 1,1903
Nov.
1, 1885
Dec. 1,1889
do
May 1, j.880
Jan. 1,1885
do
Jan. 1, 1913
May 1,1890
New York and Boston.
Jan., 1873
Boston Office.
Oct. 1,1882
do
Oct. 1,1882
N. Y., Farm. L. & T. Co.
May 1,1902
do
do
Jan. 1,189(1
do
'
do
1890
do
do
April 1,1883
do
do
Nov. 1,1890
do
do
Nov. 1, 1890
do
do
July 1, 1886
do
do
July 1,1879
do
do
July, 1877
do
do
May 1,1902-3
New York and Boston.
1902
N. Y., Farm. L. & T. Co.
July 1,1885
do
do
March 1,1878
do
do
May 1,1890
do
do
Sept. 1,1891
N. Y., Winslow, L. & Co.
1889
N. Y., Turner Bros.
Aug., 1899
*
N.Y., Merch. Exc. N.Bk.
N. Y., S. S. Sands & Co.
Philadelphia, P.& R. Co.
Detroit, 1st Nat. Bank.
Dec., 1901
June 1,1895
Memphis, Office.
April 1, 1876
Sept. l,’81to’93
do
Y., Union Trust Co.
do
do
do
do
Jan., 1899
June, 1903
do
do
do
do
1904-1906
April 19,1911
May, 1890
N. Y., by Company.
do
do
do
do
St. Louis.
N. Y., by Company.
New York.
mont’ly
N.
O.
J.
O.
J.
July, 1877
Jan.'l, 1890
1890
F. & A.
J. & J.
M. & N.
&
&
&
&
&
Jan., 1877
Y., Swenson, P. & Co.
J. & J. N.
J. & D.
Various
A. & 6.
M. & N.
M.
A.
J.
A.
J.
.
May 1, 1896
Dec.
National Bank.
T. Wilson & Co.
3
J.
O.
O.
N.
J.
N.
O.
N.
N.
J.
8.
J.
N.
N.
J*
S.
N.
S.
J.
A.
D.
D.
J.
J.
J.
O.
J.
°
Aug., 1888
July, 1891
May 1, 1892
Feb., 1885
Oct. 1, 1893
Jan. 1,1899
Boston, Co.’s office.
do
N.
do
April 15. 1890
Y., Nat. City Bank.
Jan., 1889
5 320,600
£225
100 &c.
8
6
8
6
7
8
8
7
7
7
8
8
1,517,300
1,000
769,920
1,668,000
53,000
100 &c.
1,451,207
(?)
200,000
1,000
100 &c.
100 &c.
1,800,000
1,040,000
330,000
1,000
1,000
(V. 23, p. 16, 133 403, 451, 499; V. 24, p.
,
New York.
N. New York and London.
N.
Mobile.
N,
London.
J. New York and London.
N.
Mobile.
Q-M.
g.
g.
g.
M.
M.
M.
J.
M.
&
&
&
&
&
March
g.
g.
16,
468; Y. 25, p. 11.)
Michigan Lake Shore—Defaulted 1872. and in
hands. (V. 18, p. 248, 504; V. 21, p.
receiver’s
J.
F.
M.
M.
J.
Dec. 1,1883
Nov. 1,1883
1876 and ’83
1883
1901
do
1877-1882
& J. New York or London.
& A. New York, Co.’s Office.
& S.
do
do
& S. N. Y., G. Opdyke & Co.
& D.
do
do
Jan. 1, 1904
........
March 1, 1886
June 1,1900
interest charge now (under adjustment
with bond¬
holders) is $776,398.
Land grant is about 4,565,142
acres.
(V. 22. p. Ill, 158, 305, 368, 446, 447, 471,
49.% 521, 542, 590; Y. 23, p. 40, 183, 647; V. 24, p *
442.)
110.)
was
one
of
the
roads
represented by 'Messrs. Turner Brothers in New
York, of which Benjamin E. Smith was president.
Default in interest was made in February and
August, 1875.
Missouri
Pacific.—Net earnings from Mch. 8. 1876.
to April 1, 1877* $830,970. This is the condition of
the company as reorganized after the sale of the
road under 3d morrgage, Sept. 6,1876, for $3,000,000.
Stockholders of old company have brought suit to
annul the sale.
(V. 23. p. 16, 86, 208, 256, 279, 304,
330, 354, 428, 451, 525, 576; V. 24, p. 16, 64, ll2, 136,
in stock, but cash payment was resumed
1876. It is leased to Wisconsin Central.
p. 233.)
in duly,
(V. 22,
first
mortgage June, 1876.
(V. 21,
p.
421.) '
Missouri River, Fort Scott & Gulf.—The
stock is
Interest passed Oct., Ib73, and subse¬
quently. Net earnings, 1876. $372,114. (V. 21, p.
15; V. 22, p. 470, 495; Y. 24, p. 493, 565.)
$5,950,000.
Milwaukee, Lake Shore & Western.—Sold in fore¬
closure for $2,509,788, Dec. 10, 1875. Interest paid on
«?
.
8
8
8
8
8
8
8
7 g
8
7
Milwaukee & Northern.—Two coupons were paid
the
made.
2*2
768,000
800,000
7,000,000
2,650,000
800,000
700,000
1,000
Midland Pacific.—This
«■
'
M. & N. N.
4s.
8 •
8
7
8
8
8
8
8
8
8
349,000
£100&c
($700,000)
7
7
8
783,000
2,001,000
880,000
1,100,000
2,134,000
500,000
3,969,600
320,000
500,000
600,000
1,254,500
316,774
21,405,000
100
1873
1853
Special mortgage (Mississippi, Gainesville & Tex.)
2d mortgage
Consolidated mortgage, gold (for $15,000,000)...
7
154,000
50
1876
1873
Interest bonds, sterling
Tennessee subs., 1st mortgage, sterling
6
7
600,000
640,000
70,000
1,000,000
500,000
491,200
424,000
1,906,000
1,315,000
Tennessee State loan
Missouri, Kansas db Texas—stock
1st m., gold, sink, fund, onroad and land (U.P.S.Br)
let mortgage, gold (Tebo. & Neosho)
Consolidated mortgage, gold, on road and land...
2d mortgage, income (for $10,000,000)
8
10
6
6
2,179,000
556,000
8,000,000
1,900,000
200,000
1,000
1,000
1,000
1872
.
8
18^738^204
....
100
Jackson, Lansing <fc Saginaw 1st mort....) a
do
2d mort., conv. 1 §/%7n
do
1st mort. (N. of Win.), conv. f s « Sr
do Cons. m. on whole line (300m.) J ® g £
Michigan Lake Shore— 1st mortgage
Midland Pacific—1st mortgage, gold
Milwaukee db Northern—1st mortgage
Milwaukee,-Lake Shot'e db Western—ist m., gold.....
Mine Hill db Schuylkill Haven—stock
Mineral Point (Wis.)—1st mortgage
Mississippi, Ouachita db Red River—1st m., gold
chiefly timber and mineral.
Where
Balt., R. Garrett & Sons
....
7
4
7
4
7
8
750,000
1,000
1872
1871
1872
1873
....
1,125,0001
.
50
44
94
109
54
54
291
2d mortgage.
Consolidated mortgage
Tenn. loan substitute mortgage
acres,
Payable
300,0001
Term esse loan
1st mortgage, convertible.
000
When
Cent.
$2,004,0003
$....
....
Maryland db Delaware—1st mortgage
2dmortgage
Memphis db Charleston—stock
•
Rate per
pal, when due,
-
4th mortgage for $4,000,000
Scioto & Hocking Valley RR., 1st mortgage
Balt. Short Line, stock, 8 p. c. guar by M. & C...
do
do
1st niort., guar, by M. & C
Cincinnati & Baltimore RR., stock
do
do
1st mortgage
Marquette, R. db O— 1st mort., I’d gr., M. & O., coup.
1st mort., I’d gr., H. & O., coup
2d mort., land grant, M., H. & 0., coup
3d mort.,
do
do
do
Montclair db G. Lake.—1st mort, new
2d mort. (issued for old firsts)
Amount
Outstanding
Value.
Marietta & Cincinnati—(Continued)—
Bonds—Princi.
INTEREST OR DIVIDENDS.
Size,
277, 591.)
Mobile
Mine Hill <fe
Schuylkill Haven.—Leased, to Phila¬
delphia & Reading, May 1864, for 999 years; 8 per
&
Girard.—The
Central
Georgia endorses these bonds.
Railroad
(V. 23,
p.
of
549; V.
24, p. 542.)
cent dividends on stock.
Mineral Point.—'Total receipts 18<3, $128,121; ex¬
and interest, $130,6.4
$1,200,000.
penses
;
cost of road, &c.,
Mississippi, Ouachita & Red River—Land grant
acres.
Sold in foreclosure, Dec. 16, 1875,
for $25,000.
(V. 20, p. 405; V. 21, p. 535, 613.)
Mississippi <£ Tennessee— Stock, $825,400.
leport, V. 24, p.
180.
(V. 22, p. 280; V. 24. p.
495.)
257.000
earnings 1815-6, $241,798.
Mobile & Montoomery.—8o\d in foreclosure. No¬
vember. 1874, and stock issued to old bondholders.
Old mortgage debt yet out. $275,000.
Annual
Net
Mobile &■
Ohio.—Foreclosure
pending.
Plan of
adjustment (see V.23. p. 451). Gross earnings year
ending Aug. 1, 1876, $.,981,569; net. $170,608. (V.
23, p. 112, 18-t, 451, 519; V. 24, p. 136, 151. 198, 227,
219, 565; V. 25, p. 17.)
V. 22, p. 181; V. 23, p.
621.
Missouri, Kansas & Texas.—The latest report was
given in the Chronicle, V 24. p 442. Gross earn¬
ing* 1876, $3,217,278; net, $1,371,883, against $1,360,103 in 1875. Net income 1876, $1,215,999. Annual
Montclair & Greenwood Lake.—Re-organization
old Montclair road sold in foreclosure.
of
Montgomery & Eufavla.—Foreclosure pending.
(V. 23, p. 183; V. 24, p. 590; Y. 25, p. 17.)
July
BAILBOAD
28, 1877.]
STOCKS AMD BONDS.
xxiii
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
explanation of column headings, &c., see notes
at the head of first page of tables.
For
Date
of
of
Road. Bonds
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Size,
or
Par
Value.
Amount
Outstanding
Rate pe r
When
Cent.
Payabh3
Where Payable, and by
Whom.
pal, When Due.
Stocks—Last
Dividend.
‘
Monticetlo db Port Jervis—1st mortgage
Morris db Essex—stock
1st mortgage, sinking fund
2d
23
137
84
84
mortgage
Convertible bonds
<
Construction bonds
Gen. in. A 1st on Boonton Br. &e. (guar. D.L.&W.
Consol, mort. (for $25,000,000) guar. D. L. A W.
1870
$1,000
1864
1866
50
250
500 <fcc
vari’fls
34
137
1871
1871
1875
*
New 1st mort. ($20,000 per mile)
Nashville db Decatur—1st mort. guar,
2d mortgage
1871
1*87*3
by L.& N.....
Nashua & Lowell—Stock
Bonds for freight depot (gold)
Naugatuck—Stock
Newark, Somerset db Straitsv., O— 1st mortgage
Newcastle db Beaver Valley—Stock
New Haven db Derby— 1st mortgage
New Haven db Northamp. (canal RR.)—Stock
Mortgage bonds, coupon
Bonds convertible, tax free, coupon
Holyoke & Westfield RR.
N. J. Midland—1st mort., g’ld, guar, by N.Y.& O
2d mortgage, currency
New Jersey db New York— 1st mort. (for $1,500,000;
132
132
14
*57
42
15
13
100
02
10
80
80
37
78
N. J. Southern—1st mortgage
1st mortgage (Toms’ River br.)
712
2d mortgage
bonds.
Consolidated mortgage, for $7,000,000
New Jersey West Line—1st mortgage, gold
New
London Northern—Stock.
327
,
1st mortgage bonds
2d mortgage
N. O., Mob. db Tex— 1st mortgage (Mob. to N. O.)
New Orleans, St. Ij. J. Chic.—1st M. (N. O. J.& G. N.)
2d mortgage, (N. O. J. A G. N.)
1st mortgage, {Mississippi Central)
2d mortgage,
do
Tennessee State Loan do
2d mortgage scrip
N. Y., Boston db Montreal—1st mortgage, gold
N. Y. db Canada— 1st M., sterling, guar. D.& H. Can.
New York Central db Hudson lliver—Stock
Premium bonds
t...(N. Y. Central
100
100
100
140
206
206
237
237
350
do
Bonds railroad stock
Bonds real estate
do
do
Renewal bonds
2d mortgage, sinking
New morto“i"e
1,000
500
100
1*873
ioo
1*8*69
500 &c
50
68&70 500 &c
100
1*86*9
1,000
1*87*0
1,000
1,000
1870
1871
1873
1869
187*1
100 Ac
100 &c
1,000
1,000
100 &c
1873
1870
1*,6*0*0
1*86*5
100 &c.
500 &c.
1872
1871
1856
1860
1869
1874
1*85*3
1854
1853
10*0
fund (Hudson River)
£2,000,000 >
tered.
840
840
187*3
1*66*0
1873
1,000
N. Y. City Elevated.—Stock
1st mortgage
New York db Harlem—Common stock.
Preferred stock
Consol, mort., coup, or reg. (for
132
$12,666,000)
Sinking fund
3.32
N. Y. Housatonic db Northern— 1st mortgage
N. Y. Kingst. db Syra.—1st m., g’d ($4,000,000).....
N. Y. <6 New England i Bost. ,'Hartf. db Erie)—Stock.
1st mortgages, old
1st mortgage, new
New York, New Haven, db Hartford—Stock
Harlem A Portckester, 1st mortgage guaranteed.
N. Y. db Oswego Midland—1st mortgage, gold
2d mortgage, convertible
2d mortgage, non-convertible
3d mortgage, equipment
Consolidated mortgage
N. Y., Prov. db Boston—(Stonington)—Stock
1st mortgage
Extension
General mortgage ($1,000,000 authorized)
Monticello & Port Jervis.—Defaulted in 1873.
July 7,1875.
Sold
358, 383; V. 21, p. 39, 592.)
Essex.—Leased in perpetuity to the
(V. 20,
p.
Morris &
Delaware. Lackawanna & Western.
The lessees
assume all liabilities and
pay 7 per cent on stock.
Report for 1876, V. 24, p. 320. ( V .22. p. 399.)
Nash., Chatt,. db St. A.—Gross earnings of 1875-6,
$1 ,751,599; expenses and taxes, $1,023,423; net earn¬
ings, $728,176 Net earnings, July-Dee., 1876, $309 019, against $380,137 in 1875. The debt to U. S. and
bonds endorsed by Tenn. are secured by deposit of
1st mortg. bonds. (V. 23, p. 86, 181; V. 24, p. 321.)
Nashville & Decatur. Leased May 4, H71, to Lou¬
isville & Nashville Company for thirty years.
Nashua db Lowell.—Net earnings in 1876-7, $66,929.
(V. 24, p. 564.)
Naugatuck.— Net earnings 1875-6, $206,084. (V.
21, p. 611: V. 23, p. 622.)
-
Newark S mierset db Straitsv.—Leased to Sandusky
Mansfield & Newark. Guaranteed oy Balt. & Ohio
New Castle db Beaver VaUey.—Leased to Pitts¬
burgh, Fort Wayne & Chicago, and lease transferred
to Penn. Company.
Net earnings, 1875, $2:9,534.
New Haven db Derby—Net earnings 1873-1, $24,832.
New Haven city guarantees $225,000 of the bonds.
New Haven db Northampton— Gross earnings,
1875-6, $570,397; operating
expenses,
earnings, $204,429. (V. 21, p. 590.)
New Jersey & New York.—This was
$360,067; net
a
consolida¬
tion of the Hackensack & N. York and Hackensack
Extension. The old bonds are about $300,000. 7 p.
c.,
due May, 1890.
Receiver appointed Aug., 1876.
Plan of re-organization, V, 24. p. 299, 321. (V. 23,
p. 256; V. 24, p. 136, 158, 249. 299. 311.)
New Jet's-y Midland.—Defaulted after the panic of
1873 and funded coupons. The company, having
exhausted its capital and credit in construction,
leased to the New York Midland for 7 per cent on
its cost ; it had at the time a floating debt of about
$40(),009.
back
After the panic of
1873 the road
came
without sufficient rolling stock and without
means to pay interest.
The bondholders funded
coupons, but default was again made. (V. 23, p. 329,
525: V. 24, p. 158. 321,370, 519.)
50
50
*60
150
1872
1861
1872
1872
*86
1*86*4
139
141
1876
1214
1*87*3
334
225
225
1869
1870
1871
1,000
500 &c,
500 &c
1,000
100
10*0* &c.
*6*2
1863
58-’60
1869
2^
1^
6
7
or 7 g.
8
8
7
8
7
’
7*g.
6 g.
2
0
(>
*
0
6
(i
7
107,704
*
2,500,000
*7*
343,000
15,500,000
7
5
G 61 7
7 g7
7
7
7
2,000,000
8,000,000
2,500,000
1,500,000
3,800,000
1,000
1,000
250,000
1,000
837,000
4
7
7
7 g.
7 g
2*2
6
G
7
ition of
several roads. Net earnings. 1875, $109;276. Interest
in default since October, 1873. Plan of reorganiza¬
tion, V. 21, p. 466. Foreclosure May 22. 1877. (V. 21,
p. 466, 489; V. 22, p. 422; V. 24, p. 347, 469.)
New Jersey West Line.—In foreclosure.
(V. 19,
p. 640; V. 20, p. 383; V. 22, p 352. 400.)
New London Northern.—nperated under lease till
1891 by Vermont Central for $150,000 a year; in¬
come of Co., in 1875-6, $160,620. (V. 23, p.
New Orleans, Mobile & Texas.— The Western Di¬
vision of this road was sold Nov. 18, 1874. Interest
in default since 1872. (V. 21. p. 231, 535; V. 22, p.
2:33, 352, 568; V. 23. p. 379; V. 24, p. 370.)
New Orleans, St.Louis db Chicago.—Gross earnings
year ending June 30, 1875, $3,184,320; net, $1,363,943.
Operated as a connecting line with Illinois Central.
Receiver appointed March, 1876, and Jackson road
was sold
March 18. 1877, for $1,050,000. in fore¬
closure of consol, mortgage by Ill. Cent. RR. Miss.
Central was to be so'd April 26 under consol, mort¬
gage, but sal<? was postponed to August 23.
p. 63, 111, 156, 28!. 328; V. 23. p. 16, 160,
24, p. 40, 158, 204, 275, 565.)
(V. 2?,
622; V.
N. Y., Bos. db Montreal—Proposed consolidation
of several roads from N. Y. to Rutland. Co. defaulted
in 1874 and now in hands of receiver; foreclosure
pending. (V. 22 p.447,471, 545, 568, 615; V. 23.p. 160.)
New York db Canada.—The bonds are guaranteed
by the Delaware A Hudson Canal Co. Road opened
through Oct.. 1875. (V. 21, p. 207: V. 24, p. 180.)
New York Central db Hudson River.—The consoli¬
dation of N.Y. Central with Hudson Rivet was made
Nov. 1, 1869. The scrip dividend on N. Y. Central of
80 per cent was made in Dec., 1863. On consolida¬
tion, another 27 per cent was distributed on Central
stock and 85 per cent or Hudson. The mortgage
loan for $40,000,000 was to retire prior debt, and tne
balance for third and fourth track, &c.
In 1875-6
the Company lost nearly $1,009,000 on gross
and saved $1,603,887 on cost of maintaining
machinery,
RR
was
receipts,
road and
as comnared with 1874-5.
The Harlem
leased April, 1873. The following is a com¬
parison for five
years:
N. Y., Union Trust Co.
N. Y., Del., Lack & W.
do
do
do
do
do
do
do
do
do
do
do
do
«.
1188775-4-65,.
A
&
&
A
&
1890
July 2, 1877
1914
1891
1900
1889
Oct., 1901
June 1,1915
.
Now York & Nashville.
N. Y., V. EC. Stevenson.
....
J.
J.
J.
A.
M.
.
J
J N. Y., V. K. Stevenson.
J N. Y., Drexel, M. A Co.
O. Nashville Co.’s Office.
N.
Boston & Nashua.
,
April *2,'*1877
1881 and '91
July 1,1913
July 1,1900
Oot., 1887
May 1, 1877
1893
....
J. & J.
M. & N.
Bridgeport, Conn.
N. Y., Union Trust Co.
Q.-J.
7
3
7
6
7
7 g.
7
7 g.
7
6
7
7
7 g.
*4*
1,500,000
3,000,000
76,000
100
6 g.
5
7 g.
7
G g.
1,200,000
62
62
0
162,000
2,391,000
1,794,000
18,465,000
9,733,333
1,500,000
1,730,000
7,500,000
1,550,000
10,500,000
J
N
A
J
A
O
D
A. & O
1^
■
&
&
&
&
&
&
&
....
4
6
7
7
6 g.
592,000
5,685,000
928,000
1,000
7
395,115
6,250,000
4,000,000
89,428,300
6,632,900
74,500
£100<fcc
100
500 &c.
500 &o.
1,000
1,000
1,000
7
7
7
7
7
7
387,500
4,000,000
2,941,000
1,500,000
997,000
1,997,000
1,279,000
1,000
Q-J.
J.
M.
F.
J.
F.
A.
J.
3*2
300,000
1,000
1,000
1,000
1*85*4
£ $30,000,000 ) coupon or regis-
mort,,a0e^
1870
1867
842
...
Bonds, B. & N. F. stockholders
*
*2*5
343
7 g.
5,000,000
3,000,000
284,000
573,000
4,991,000
4,321,000
1,025,000
6,575,295
1,000,000
1,100,000
4,700,000
1,900,000
206,000
800,000
200,000
2,000,000
800,000
605,000
525,000
2,460,000
1,294,000
885,000
200,000
3,000,000
1,500,000
916,000
2,120,000
120,000
1,000,000
5,300,000
3,000,000
1,500,000
1,000
1,000
1,000
1,000
Special real estate mortgage
Nashville, Chattanooga db St. Louis—stock
Bonds to U. S. government, 2d mort
Bonds endorsed by Tenn.
$500,000;
15,000,000
Newcastle, Peim.
Various N. Haven, E.S. Scranton
New Haven.
do
do
do
....
J. & J.
A. A O.
....
F.
F.
M.
M.
A.
M.
A.
M.
July 16,1877
Nov.
1, 1889
July, 1877
1898 to 1900
Oot., 1874
Jan., 1899
April '80 A '82
1891
&
&
&
A
&
&
&
&
N. Y„ Co.’s Office.
A.
A.
do
do
S. New York and London.
N.
N. Y., Co.’s Office.
O.
do
do
S.
do
do
O.
do
do
N.
New London, Office.
Q.-J.
A. & O. N. Y.t B’kof N. America
J. A D.
do
do
J. & J. New York Co.’s Office.
J. & J. N. Y., J. B Alexander.
A. & O.
do
do
M. & N.
N. Y., J. L. King.
F. A A.
do
do
J. & J.
do
do
.
1895
1881
Maroh 1,1893
Nov. 1, 1889
1881
April 1,
May 1,
Apr. 1,
Sept.,
1903
1900
1877
1885
July.
1892
Jan.
1, 1915
July 1,1886
Oot. 1,1890
1886
1886
Aug. 1,1874
May 1,1889
May 1,1904
Q.-J. N.Y'., Gr. Central Depot. July 16,1877
M. & N.
do
do
May 1,1883
M. A N.
do
do
May 1,1883
M. & N.
do
do
May 1,1883
M. A N.
do
do
May 1,1883
J. A D. N.Y,, Grand Ceil. Depot. Dec. 15, 1887
J. A D.
do '
do
June, 1885
J. A J.
do
do
Jan. 1, 1903
F. A A.
M. & N.
J.
& J.
J.
J.
M.
J.
A.
J.
A
A
&
A
&
&
New York
Co.’s Office.
London, Baring Bros.
,
London.
Jan.
J. N.Y., Gr. Central Depot.
J.
do
do
N.
do
do
J.
do
do
O. N. Y., St. Nich. Nat. B’k.
J.
New Y'ork.
M. & 8.
J. <fc J.
J. & J. N.Y.,
Boston.
do
July 2, 1877
July 2, 1877
May, 1900
Jan.
1, 1881
Oct., 1902
July 1, 1902
1884
Grand Cen. Depot.
Jan., 1905
ruly 2, 187,
1903
....
J. A J.
M. & N.
M. & N.
1, 1903
N. Y., G. Opdyke A Co.
do
do
do
do
May, 1896
....
Q.-J.
& A.
VI. & N.
I. & J.
N. Y., M. Morgan’s Sons. ]
do
do
1878
do
do
1878 A 1881
do
do
Gross
Net
Fun
Cost of r’d
Debt.
A equip’t.
Receipts.
1875-6. $28,046,588 $11,922,417 $40,401,263 $97,822,811
Receipts.
11,765,111 40,003,667 96,355,774
13,262,089 33,484,742 92,506,508
11,484,863 27,725.533 78.014,954
25,580,675
9,134,239 16,496,020 68,299,924
(V. 22, p. 41, 591; V.23, p. 329, 598; V. 24. p. 542.)
N. Y. City Elevated.—Securities admitted to N.
Y. Stock Board Jan., 1877. (V. 24, p. 41.)
New York db Harlem.—Gross earnings 1878-4,
$2,856,525: operating expenses. $1,719,384; net
earnings, $1,137,141. Leased to New York Central
at 8 percent per annum (payable J. A J.) on stock,
1873-4
1872-3
1871-2
.
.
£9,027,218
31,690,386
29,126,851
.
and interest on bonds. The Fourth avenue horserailroad and real estate was retained. The extra
dividend Apnl, 1877, was from profits of city line.
New York, Housatonic db Northern.—Foreclosure
pending. (V. 21, p. 349; V. 23. p. 549.)
New Yoi'k, King.-ton dt Syracuse. —Includes old
Rondout & Oswego.
Sold in foreclosure May 2,
1875, for $750,000.
(V. 21. p. 160.)
N. Y. db N. England.—This was formerly Boston
Hartf. & Erie.
The road was opeiated by the trus¬
tees of the Berdell mortgage for several years, and
conveyed to the new company in July, 1875. See
report in V. 23, p. 375. Net income. 1875-6, $263,012.
The balance sheet, Sept. 30, 1876. gives stock issued
$5,685,000, and Berdell bonds nor yet exchanged
$14,315,0 )0. Mortgage bonds due 1905, $316,000. (V
21, p.31. 207,533, 570; V.23. p. 2?9, 5«*o, 575.)
New York, New Haven & Hartford.— Net income
$1,740,621, against $1,3:2,125 in 1874-5. (V.
20, p. 62; V. 22, p. 15; V. 93, p. - 0‘>; V. 24, p. «3.)
New York db Osweno Midland.—Interest id de¬
fault since 1873. Receivers’ certificates have been
issued to a considerable amount. Main line was to
be sold in foreclosure June 29, 1877, but postponed
to Sept. 7.
(V. 21. 0. 40, 64, 186: V. 22, p. 352, 447; V.
23, p. 208.329, 354, 526, 549‘; 58!, 622; V. 24, p. 421, 542.)
New York, Prwndence db Bo-ton.—Annual report
for fiscal year ending Sept. 1, 1876, showed net earn
ing8 $46 >.201, leaving a surplus of $96,051 above in
terest and dividend payments. (V. 23, p. 621.)
_
Date
of
Road. Bonds.
Miles
of
explanation of column headings, Ao., see notes
at the head of first page of tables.
North Carolina—Stock, common
Preferred stock
Mortgage bonds
Northeastern (S. C.)—Stock, common
Pref. stock (8 per cent) exchangeable
1st mortgage, new
2d mortgage, new
North Pennsylvania—Stock
223
for 2d mort
Consolidated mortgage, gold, coupon
do
registered
s. fund, coup. $ or
£
2d gen’l M., “A” (exchanged for incomes of ’72).
Consol, mortgage,
do
gold,
“B”
mortgage
Outstanding
$100
$3,000,000
21
21
550
stock
1869
1869
.....
o
.
.
50
,
ioo
'66
Preferrea stock
-•
Ohio d Mississippi^-Stock, common
Preferred stock (7 p. c. yearly, cumulative)
Income aud funded debt bonds.
1st consolidated mort. ($3,478,000 are 8. f.)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage
393
393
148
393
393
393
—
sinking fund bonds (for $1.000,000)...
8prinr. Div. (Sp.AIll. 8E.) IstM. (for $3,000,000).
Debenture
228
1875
1877
.
.
.-
ioo
Bonds
Bonds
Bonds
Bonds
Bonds
Omaha d
40
9
200
Northwestern—Land grant gold bonds..Orange & Newark—1st mortgage
Oregon d California—1st mortgage
Oswego d Pome—1st mortgage guaranteed
Income mortgage bonds
Oswego d Syracuse—Stock, 9 per cent guar
Mortgage bonds
Consol, mortgage (guar. D. L. A W.)
Owensboro d Russellville—1st mortgage
Paducah d Memphis— 1st mortgage, gold
28^
35
35
^
’
*36
Panama—Stock
General mortgage, sterling
Paris d Danville— 1st mortgage, gold,sinking fund
Paris d Decatur, (Ills.)—1st mort., g’d, sink. f’d...
Paterson d Newark—1st mort., guar, by Erie
Pekin, Lincoln d Decatur—1st mortgage
Peninsular (Mich.)—1st mort., gold, sink.
fund...
„
1st mortgage
Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. &
State lien (pay’ble in auuual iust’lm’ts of
Consol. M., coup. J. A D., & reg. Q.—M. <s. f. 1 p.
115
47
47
105
75
12
67
166
869
355
1,000
1870
1,000
100
100
....
1862
1868
1868
1871
1873
1874
1867
1871
1874
1875
1876
1871
_
„
1865
58A64
1876
1872
Peoria, Pekin d Jacksonville- 1st mortgage
2d mortgage
North Carolina.—Leased September, 1871, to Rich¬
mond & Danville Railroad at $260,000 per annum.
In March, t875, the gauge was changed. Dividends
of 6 p. c. are paid on stock, of which the State of No.
Car. holds $3,000,001 (V. 21. p. 39 <; V. *24, p. 565.)
Norwich cfe Worcester— Leased February, 1369. to
Boston, Hartford & Erie for 100 years at 10 percent
6
7
7
3
6
6
6
6 g.
6 g.
6 g.
5
6
£200
1,000
1,000
1,000
140,000
1,915,000
100
6,733,800
1,450,000
1,000
500 Ac.
265,500
1,692,000
1,000
500,000
1,100,000
1,000 16,000 p.m
546,000
_____
....
1,000
1,000
50
500 Ac.
1,000
500 Ac.
1,000
1,000
1,000
....
-
350,000
200,000
1.320,400
124,000
338,000
1,500,000
1,541,000
7,000,000
2,794,000
2,500,000
1,200,000
500,000
1,076,000
3,800,000
68,870,200
4,970,000
19,999,760
4,795,107
29,250,000
1,000,000
i.873
1,000
44
44
105
105
46
1873
1873
1866
1866
6,989,000
1,083,000
1,000
1,000
83
83
1864
1870
100
500 Ac.
1,000
2^
2
7
519,000
1,500,000
1,500,000
1,200,000
1,000,000
1,000,000
M.
M.
M.
F.
J.
M.
J.
A
A
A
A
A
A
A
M. A
A.
J.
A.
J.
J.
J.
J.
on
first mortgage
„
-N.
Baltimore A Philadel.
May, 1875
Sept. 1, 1899
Sept. 1, 1899
Feb. 1, 1877
Jan. 1. 1885
May 1, 1896
do
do
do
do
do
do
do
1903
April 1, 1876
Irredeemable.
July, 1885
April, 1900
July, 1900
July, 1900
July 1, 1904
Jan. 1, 1926
Jan. 1, 1926
July 2, 1877
Annapolis.
j. : Baltimore, 1st Nat. Bk
do
O.
do
J.
do
O.
J. London A Baltimore.
J. Baltimore, 1st Nat. Bk
do
do
J.
Boston, Office.
D.
1874
1878
7
7
6 g.
7
7
6
3
7
....
6
6
J.
S.
J.
0.
J.
8.
A
A
A
A
A
A
j
M.
A.
J.
J.
A.
M.
A 8.
A O.
A J.
J.
F.
F.
M.
J.
A J.
A A.
A A.
A 8.
A D.
A J.
A O.
A N.
1st
7.30 g.
6
7 g.
7
7
.
.
,
Boston, Office,
do
do
do
4*2
7
7
8
New York, Office,
do
do
do
do
London.
New York, Office,
do
do
coup, due Nov., ’77
Boston, Office,
do
do
do
do
do
.
J. A J.
M. A N.
N. Y.,
Jan.
1, 1898
April, 1911
May 1, 1886
Nov. 1, 1905
July 2, 1877
Aug., 1877
Aug. 1, 1881
March, 1864
June 1,1895
1886
Kountze Bros.
Jan., 1901
Newark, Office.
A. A
O.
Frankford O. M.
A
A
A
A
A
A
N.
N.Y.,Farmers’ L. AT.Co
M.
F.
F.
M.
M.
F.
July 5, 1877
1897
July 10,1876
July 10, 1877
Jan., ’78 to ”79
Mar., 1890.
Nov. 1, 1905
Mar. 1, 1875
April. 1, 1882
Jan. 1, 1898"
March 1,
....
m
3*3
City, Hudson Co. B’k
....
J.
M.
J.
A.
J.
M.
do
do
A.
A. N. Y., Del., L. & W. RR
do
do
N.
do
do
8.
A. N. Y., Imp.
& Trad. N.B
May, 1915
Feb., 1891
Feb., 1877
1880 & 1885
1907
1, 1892
Feb.
....
3
7 g.
7
7 g.
7
7
7 g.
1^
Q.-J.
A.
J.
J.
J.
F.
M.
A 0.
A J.
J.
J.
A
A
A
A
A.
N.
New York, Office.
London.
New York, Office.
New York and London
N. Y., Erie Railway Co
N: Y.,T. W. & W. RR.
New York.
Q.-F.
Philadelphia, Office.
Q.-J.
Philadelphia, Office,
do
do
6
6
5
6
6
J. A J.
3
7 g.
7
7
7
7
4
7
7
A. A O. Pittsburgh Co.’s Office
F. A A.
Philadelphia.
F. A A.
Philadelphia, Office,
do
do
A. A O.
J. A D, Phila., B’k N. America
do
do
J. A D.
F. A A. N. Y., Chic., R. I. & Pae
J. A J. N. Y., Imp. & Trad. B’k
do
do
A. A O.
A. A O.
do
do
Q.-M. Philadelphia & London
J.
Philadelphia, Office.
J. A
Aug. 1,1877
Oct. 10, 1897
Jan. 1, 1908
July 1, 1892
Jau. 1, 1878
Feb., 190Q
May 1889 to’90
May 29, 1877
Jan., 1880
1910
Annually.
June
15,1905
1881
....
bonds.
Oswego cfe Syracuse.—Leased to Del. Lack. & West,
for interest on bonds ami 9 per cent on stock.
Owensboiv cfe Russellvi le.—Now Evansville. Ow¬
ensboro & Nashville.- To he sold in foreclosure.
Paducah cfe Memphis. — S Id in foreclosure June,
1877. (V. 23, p. 576; V. 24. p. 40. 421; V. 25, p. 17.)
Panama.—Last statement, V. 21, p. 322- (V. 22,
Dividends paid of 10 percent
receipts in 1875-6, $728,030; net, p, 88, 233, 247, 305, 332, 308; V. 23, p. 500; V. 24, p.
322,542.)
590: V. 23, p. »48.)
Paris cfe Danville.—Of these bonds, $450,000 were
Ogdensburg cfe L ike Champlain.—Leased in March,
1870, for twenty years to the Vermont Central, but given for co*l mines at Danville, which are covered
lessee failed to pay rent, and receiver was appointed (1,230 acres) by the mortgage. (V. 24, p. 17.)
Paris cfe Decatur.—Consolidation. Now Illinois
October, 1878, and Hise cancelled March, 1377. (V.
28, p. 279, 396, 500; V. 24. p. 299. 322; V. 25. p. 39.) Midland. (V. 19, p. 351; V. 21, p. 613.)
Paterson cfe Rework.— Lately operated by Erie.
Ohio cfe Mississimn.—'There are also $97,000 of old
1st mortgage 7s, W. Div., yet out. The annua) re¬ Stock is $250,000.
Pekin, Lincoln cfe Decatur.—Leased to Toledo,
port to June 30, 1876, was given in V. 23, pp. 301,
&77. Gross earnings were $3,1382,032; expenses, Wabash & Western. Sold in foreclosure June 10,
1877 A 1888
Charleston.
A J. J.
J.
...
„
Philadelphia Office,
a
A
A
A
A
A
A
A
^
„
N.
S.
8.
A.
J.
N.
J.
Q.-J.
j.
$2,539,725; net earnings, $S42,‘J05. The company
purchased the Springfield Road, March, 1875, for
$2,000,000 in bonds secured on that road, and with
privilege of funding coupons to Nov., 1877: of the
same mortgage bonds
$1,<)00,000 more were re¬
served for improvements. November 17, 1876, the
President, Daniel Torrance, and Mr. John King, of
the Baltimore & Ohio, were appointed receivers,
«nd afterwards Mr. King was made sole receiver.
Interest on 1st mort. due Jan., 1877, remains unpaid
and foreclosure will probably be commenced soon.
(V. 23, p. 301, 347, 377, 526. 549, 599; V 24, p. 64, 89,
136,158. 227, 370, 386, 421, 469, 542, 590; V. 25,p.l7,64.)
Old Coony.—There are $32,<?00 5 per cent bonds
due 1884
Net income over operating expenses,
$754,053 in 1875-6, against $774,338 in 1874-5. (V. 23,
p. 86, 5 «»o.)
Omaha cfe Northwest.—Passed interest 1874. Some
bonds and coup’s exchanged for lands. (V. 22, p. 79;
V. 23, p. 175.)
Ortgon & Califoi'nia.—Bonds nearly all placed in
Germany. After default in 1873, proposition offered
by Ben. Hollnday, Prest. (V. 22. p. 375; V. 24, p. 421.)
Oswego cfe Rome—Operated by the Rome, Watertown & Ogdensburg at 8 per cent on $30J,000 stock,
and interest
Sept., 1876
....
8
8
3,000,000
8,000,000
.'
1st
8
8
3
500,000
394,000
50
50
.
Preferred stock
4
2,000,000
4,030,000
174,000
6,545,850
112,000
3,864,000
1877
Mar.,
do
do
do
do
....
5
6
2
4
20,000,000
1,000
ioo
1873
1875
1st mortgage, guaranteed
Peoria d Bureau Valley—Stock
Company Shops, N. C.
1,490,000
1,126,000
2,599,000
205,000
4,000,000
3,000,000
1,000,000
3,068,400
1,000,000
400,000
28,000,000
2,604,400
400,000
3,077,000
1,000
£200
1867
1873
1,000
500
1872
1868
500 Ac.
1871
1,000
’69 ’70
50
c.)
mortgage, gold, (held by Pennsylvania RR.)..
Pennsylvania d Delaware—1st mortgage
2d mortgage
Pennsylvania d New York—1st mort., guar
M. A S.
M. A S.
M. A N.
10,950,000
1870
Navy Yard bonds, reg
Pennsylvania Co.—Common stock
3
3
8
....
m
O.
$460,000)
Northeastern, S. C.—Gross earnings in 1875-6,
$382,273; net, $161,843. Report V. 24, p. 88.)
North Pennsylvania.—Gross receipts in year 1875-6,
$1 ,675.865; net, $786,510; surplus above interest,
$326,403. (V. 22, p. 1 34; V. 24, p. 62.)
Norther* Central.—Tne annual report for 1876 in
Chronicle, V, 24, p. 223, shows gross earnings,
$4,369,1*25; expenses, $3,242,325, of which $2>5,839
were extraordinary; net, $1,127,600.
The total net
income was $1,243,720; $1,260,133 was paid for inter¬
est and rentals. ieaving a deficit of $16,4 3. The 5 per
cent $3,000,000 mortgage is to exchange for incomes
of 1872. (V. 22, p. 257; V. 24, p 2 2 3, 421, 4^.)
Northern N. Hampshire.—Net income fiscal year
1876-7 was $103,415. (V. 22. p. 565; V. 24, p 541.)
Northern of N. Jersey.—Operated by Erie at 35 p. c.
•f gross earnings, which in 1875-6 were $259,831.
Northern Pac\fic.—Sold Aug. 12. 1875. for $100,000
and pref. stock is issued to bondholders at the rate
•f $1,400 for each $1,000 bond, and this includes the
interest funded to July, 1878.
This stock is ex¬
changeable for land at its par value. To Sept.. 1876,
$23,000,000of bonds had been so exchanged, leaving
about $6,000,000 yet out.
(V. 22, p. 135, 159, 203; V.
$3, p. 225, 330, 401 ; V. 24, p. 40, 445.)
68.’69
1866
'
1,000
100
100
217
Oid Colony—Stock
Pennsylvania—Stock
.
122
122
Ogdensbura d Lake Champlain—Stock
Equipment bonds
Sinking fund bonds
.....
Stocks—Last
Dividend.
)
Whom.
1,500,000
1855
500 &c.
500 Ac.
1865
1868
1,000
1868
1,000
’74-’75
1,000
1876
1876
When
Payable
820,000
232,500
3,978,150
1.930,500
1,500,000
2,035,000
5,842,000
500 Ac.
.
100
New bonds, coupon
per annum on cost.
per annum. Gross
$311,965. (V. 21, p.
Bonds—Princi¬
pal, When Due-
Rate per
Cent.
1,000,000
380,000
899,350
96,000
100
500
50
50
500
500
50
500 Ac.
82^
Northern of New Jersey—Stock.
1st
Amount
Value.
....
Northern, N. H— Stock
Northern Pacific— New preferred
Norwich d Worcester— Stock
’67-’68
313
138
138
138
138
138
138
1st mortgage, State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon
or
Par
-
102
102
102
102
58
56
56
,
do
Size,
223
223
General mortgage bonds
Northern Central—Stock
do
these Table*.
INTEREST C
DESCRIPTION.
1st mortgage
2d mortgage
I JULY 28, 1877.
by giving immediate notice of any error discovered in
Sobteriberii will confer u. great favor
For
STOCKS AND BONDS.
BAILBOAD
xuv
Oct., 1873
1903
1903
June 1,
1896
June, 1906
Aug., 1877
July 1, 1894
Oct. 1, 1900'
1876, and reorganized. (V. 22, p. 247; V. 23, p. 100.)
Peninsular.—There is also a second mortgage for
$540,000. Defaulted May 1,1872. Coupons unfunded.
Consolidated with Port Huron & L. M. July, 1878.
Pennsylvania.—The report for 1876 is given in V. 24,
The direct funded debt of the
p. 222, 248 and 347.
company is $60,106,229 ; in 1874, by the report of the
Investigating Committee, the liability as a guarantor
principal and interest was on $33,983,600 bonds;
annual liability additional, on guarantees of interest
or rentals, $13,862,319, and probably there has beenno great change since.
On all operations east of
Pittsburg, in 1876, the report shows a net surplus of
of
$1,433,703 over all payments, including dividends.
The following is a statement for three years on?
main line and branches in Pennsylvania, and for
1876 on all lines east of Pittsburgh:
Gross
Earnings.
Net
Earnings.
1876
$36,t91,O00
$12,834,385
1875
20,493,251
8,147,388
1874
9,396.924
22,642,371
1873
24,886,009
9r445,704
—The Pennsylvania Company is a corporation dis¬
tinct from the Penn. Railroad, and operate* all the
leased lines west of Pittsburg. The stock is owned
by the Penn. Railroad. In 1876 the net earnings
were
$6,557,680; interest and rentals, $5,199,941;
sink, fund*, and interest on Penn. Co. bonds,
$953,116. Balance net profit $404,623. (V. 21, p. 130,
361, 458. 592; V. 22, p. 253; V 23, p. 16; V. 24, p.
222, 248, 347. 397, 421,495.542.)
Pennsylvania cfe Delaware— The lease of this road
to the Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
Pennsylvania cfe New York.—Operated in close
Lehigh Valley. Net earnings
Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock is
$1,061,700. (V.24, p. 110.)
Peoria & Bureau Valley.— Leased perpetually to
Chicago. Rock Island & Pacific at $125,000 per year,
Peoria, Pekin cfe Jacksonville.—In year ending
Jun* 30, 1874, net earning* $60,261 connection with the
1875-6, $608,109.
RAILROAD
18770
JILT 23,
Mtbeerlbere will confer
Perkiomen—1st
$150,000 10s)
90ia
..
mortgage
....
82
82
82
30
36
10
287
,
1st mort. bonds (payable
2d mortgage
$25,000 yearly)
Philadelphia A Balt. Central—1st mort. (Pa)
2d mortgage (Pa.)
1st
mortgage (Md.)
Philadelphia A Erie—Stock,
Preferred stock
1st mortgage, Sunbury
1st mortgage
1870
1867
1873
18
Consol, mort., gold, guar. P. A R., (sink. fund)...
Petersburg—Stock
oommon
=.
& Erie
1869
1866
....
....
1857
1861
1868
1869
....
.
....
....
do
Pennsylvania 1st mort., sinking fund
Loan mortgage, sterling
....
....
....
'
Improvem’t mort., $ or £, sink’g fund, coup
Gen. inort., $ and £ (sink, fund 1 p. c. yearly)
Inooine mortgage (ror $L0,000,000)
Coal & Iron Co., guar. mort. (for $30,000,000).
do
debentures, guaranteed
....
....
....
745
750
....
..
....
Philadelphia A Ti'enlon—Stock
Philadelphia, Germantown A Norristown—Stock...
26
20
100
98
Philadelphia, Wilmington dk Baltimore—Stock
1st mortgage, convertible
Plain bonds, loan
do
do
do
do
Pittsb. dk Oonnellsville.—1st mortgage
1st
do
Turtle Creek division
Consol, mort.,guar. JB. & O. (8. f. £7,200 pr. yr.)..
Ool. A Newark Division bonds
JHUsbury, Ft. Wayne dk Chicago—Stock, guar
Special improvement stock, guaranteed
468
1st mortgage (series A).
do
do
B
1st
do
1st
do
C
do
D
do
let
468
468
468
468
468
468
468
468
468
468
468
468
468
.
.
.
1st
•1st
2d
2d
4
'
".
.'
1
2d
|
2d
2d
2d
3d
do
do
do
do
do
do
do
do
E
F
G
H
I
K
T<
M
.
Bonds
.
all
cou¬
pon, but may
be made paya¬
ble to order.
.
.
.
.
.
Pittsburg, Ft. Wayne & Chic, construction bonds.
Equipment bonds (renewed).
1
{
i
do
do
do
do
do
do
do
do
do
....
....
Pittsb. Titusville dk Buff.
1st mort. (W. & F.RR.)..
1st mortgage (Oil Creek RR.)
1st mortgage (Un. & Titusville RR.)...
New mortgage (Pitts. T. & B.)
Funding income bonds (P. T. & B.)
Pittsb., Va. d Charleston— 1st mortgage, gold
Port Huron dk L. Mich.—1st mort., traf. guar
1,000
50
38
25
120
....
1875
1868
1859
1876
1868
1873
1864
1864
.
.
.
.
1871
1862
1862
1862
1862
1862
1862
1862
1862
1862
1862
1863
1862
1862
1857
1874
1865
1862
1870
1876
1876
....
66
62
1,000
50
50
....
1,000
....
....
....
....
....
....
....
....
....
10,499,900
9,364,000
19,686,000
(D
1,000
13,036,500
1,731,000
1,000
1,000
1,000
1,000
100 Ac.
£200
1,000
1,000
1,000
1,000
100
100
500 Ac.
500 Ac.
500 Ao.
500 Ac.
500 Ao.
500 Ao.
500 Ac.
500 Ac.
500 Ao.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
1,000
1,000
1,000
1,000
1,000
....
•
•
....
4,1877, for * 55 \u00. There are old 10 per cent bonds
$150,000. (V. 22, p. 56, 344, 463; V. 23, p. 617; V.
24, p. 64, 275, 322; V. 25, p. 17.)
of
40, 452;
591.)
p.
875,000
875,000
875,000
860,000
860,000
860,000
860,000
860,000
860,000
2,000,000
100,000
1,000,000
580,000
500,000
1,155,000
315,933
1,000,000
1,800,000
800,000
1,577,960
2,300,000
500 Ac.
100 Ac.
100 Ao.
•
11,561,250
265,000
1,000,000
700,000
839,000
4,000,000
326,600
6,500,000
6,222,000
5,000,000
3,000,000
775,000
19,714,285
5,504,327
875,000
875,000
875,000
1,500,000
1,000
700,000
350,000
....
1st mortgage, gold.
Peoria A Rock Island.—Sold in foreclosure April
i;259;ioo
2,*231,900
100
50
50
500
•
—
300,000
800,000
400,000
300,000
6,048,700
2,400,000
1,000
1,000
1,000
1869
1870
1871
116
1871
100 Ac.
52ia 1867-9 500 Ac.
52ia 1870 500 Ac.
52ia 1871
500 Ac.
52
100
52
1876
Portland dk Ogdensb.—1st mort., E. D., gold
New mortgage (for $3,300,000)
1st mortgage, Vermont Div., gold
Portl. dk Rochester—1st mort., 8. f. (Portl. loan) “A”.
1st mortgage, equal lien
2d
do
(Portland loan) sinking fund, “B”
Portland. Saco dk Portsmouth—Stock.
621,000
1,200,000
1,324,200
500,000
1,000,000
5,000,000
3,000,000
8,680,000
32,726.375
1,551,800
1,510,500
79,000
182,400
967,200
495,900
134,400
1,138,900
2,700,000
10,649,000
7,000,000
968,000
1,000
1,000
....
1858
1867
149
10
149
200
200
117
33
468
Pitts., G. dk St. L.—1st in., eons, (for $10,000,000)
2d mortgage
1st mortgage, Steubenville A lud., reorganized...
100 Ac.
100 Ac.
100 Ac.
50
50
....
1872-4
....
100
....
....
....
c
[$1,500,000
100
1,000
1,000
1867
1868
1868
1871
1871
1871
1873
1873
1874
1876
1872
....
-
$1,000
.
t
....
Loan debenture
Loan mortgage
Consolidated mort., dollar loan, coupon or reg
do
do
gold, $ or £, coup
do
do
dollar loan, gold,coup, or reg
Debenture loan (convertible 1876-92), coup
1
.
1843-9
1857
1836
1843
....
East
Outstanding
....
Preferred stock.
do
BONDS.
INTERE8T OR DIVIDENDS.
Amount
Value.
.
.
l’$59
287
.
or
Par
....
287
Mortgage loans inconvertible
Loan mortgage, convertible
do
do
sterling
.
.
40
287
2d mort., gold (for $20,000,000), guar by P. R
Philadelphia A Reading—Stock, common
Size,
....
....
2d mortgage
do
AND
great faror by giving immediate notice ot any error discovered in tbese
Tables.
a
DESCRIPTION.
Miles Date
of
For explanation of column headings, Ac., see notes
at the head of first page of tables.
Road. Bonds
Peoria A Rock /.—1st mort. (after
STOCKS
1
450,000
1,500,000
500,000
Rate per
Cent.
When" Where
Payable
F.
A.
J.
J.
J.
7 g.
6
6 g.
3
8
8
A
J.
J.
J.
J.
A J.
A J.
A J.
....
J. A J.
A. A O.
A. A O.
J. A J.
J. A J.
2ia
3ia
Q.—J.
Q.-J.
Feb., 1900
Apr. 1, 1897
June 1, 1913
Jan., 1872
N.Y., Lancaster, B.ACo. Jan., 1879-’98
do
do
1902
Philadelphia, Office.
do
do
Jan., 1879
Jan., 1900
Oot., 1891
do
do
g.
g.
g.
g.
J. A J.
A. A O.
A. A O.
A. A O.
J. A J.
F. A A.
J. A J.
F. A A.
A. A O.
4
6
6 g.
7
7
6
7
M’nthly
J.
1^
13t
A
Q.-J.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
F.
M.
A.
M.
J.
J.
F.
M.
A.
M.
J.
A.
J.
M.
F.
A.
J.
F.
F.
g-
J.
Q.-J.
J.
g-
do
Oct. 1, 1877
Co. March 31,1881
do
do
July 1, 1888
July, 1920
Philadelphia A London.
Philadelphia, Office.
do
do
do
Jan. 25,1876
do
do
do
July 25,1876
1880
1886
1880
1880
1888
1877
1893
1893
June, 1911
June, 1911
June,
1,
Oct. 1,
July 1,
Deo. 1,
Jan.
J.
A.
S.
O.
N.
D.
J.
A.
S.
O.
N.
D.
O.
J.
8.
A.
O.
J.
A.
A.
do
do
1911
1893
1897
1908
1896
1892
Philadelphia, Office.
Phila., Treasurer of Co.
J. A J. Philadelphia A Boston.
rr
g.
do
Pliila., Pa. Life A T.
Q.-J.
Q.—M.
3
4
6
6
6
6
g.
g.
g.
Philadelphia, Pa. RR.
J. A J,
J. A J.
J. A J.
London.
J. A J.
do
M. A 8.
Philadelphia, Office.
T. A J.
London.
J. A J.
Philadelphia, Office.
A. A O.
do
do
J. A D.
do
do
J. A D. Philadelphia A London.
J. A D.
Philadelphia, Offioe.
J. A J.
do
do
A. A O. Philadelphia or London
J. A J. London A Philadelphia.
J. A D.
Philadelphia, Office.
V arious London A Philadelphia.
2ia
7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
7
7
7
7
7
7
7
6
6
6
6
7
6
3
0
Dividend.
....
4
7
6
7
6 g.
6
6
5
6
7
7
6
7
7
6
6
7
6
6
7
7
Stocks— Last
Payable, and by
A A. New York and London
A O.
Pliila., 227 8. 4th st.
A D.
do
do
A J.
....
7
7
6
Bonds—Princi¬
pal, Whpn Du©.
June 9, 1877
June 3, 1877
July 2, 1877
do
do
July, 1884
April, 1887
Phil’dolphia, Co.'s Office Oct. 1, 1892
do
do
April 1, 1900
Balt., Balt. A Ohio RR.
^July, 1898
Pittsb., First Nat. Bank Aug. 1, 1882
London, J.S.Morgan ACo Jan. 1, 1926
Phila., Pa. RR. Office. Aug. 1, 1900
do
do
April 1, 1913
N. Y. Agent, 57 B'way.
iMay, 1884
Pa.
Phila.,
RR. Office.
Jan., 1890
N. Y., Winslow, L. A Co. July
2, 1877
do
do
July 2, 1877
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
do
do
do
do
do
do
July 1, 1912
July 1, 1912"
Jan. 1, 1887
Moh. 1, 1884
'
Philadelphia, Office.
do
do
do
do
Feb. 1, 1896
Apr. 1, 1882
July 1, 1890
Feb. 1, 1896
Feb. 1, 1896
do
do
do
do
Philadelphia.
....
M. A N.
New York.
J. A J. Boston, First Nat. Bank
M. A N.
do
do
M. A N. New York and Boston.
J. A J. Boston, Columbian B’k.
A. A O.
do
do
Various
do
do
J. A J.
Boston, Office.
do
do
May i, 1899
Jan., 1900
Nov., 1901
May, 1891
July 1, 1887
Oct. 1, 1887
Sept. 1, 1891
July 1, 1877
....
V. 24, p. 38, 227, 275, 29P, 445, 542,
pany.
New stock of $5,504,327, issued to Penn.
Railroad for improvements, Ac.. is under article 16
of lease. Net earnings, 1876.
$3,066,687; profit
to
Philadelphia A Trenton.—Leased to Pennsylvania lessee, $120,750. Sinking fund for bolide, $1,962,689.
United New Jersey companies at 10 (V.22, p. 588; V. 24,
p. 5l6.)
Railroad with
Perkiomen.—Leased to Philadelphia & Reading.
Petersburg.—Receiver appointed, May, 1877. (V.
20, p. 592; V. 81, p. 64, 372; V. 22, p. 135; V. 24, p.
445.)
Philadelphia A Baltimore Central.—Operated for
time past in Pennsylvania by trustees of first
mortgage bondholders.
Phil., Wil. & Balt, largely
some
interested.
(V. 23, p. 526.)
per
cent
on
stock.
Pittsburgh Titusville A Buffalo.— This was the Oil
Creek & Allegheny River road. Sold in foreclosure
and re-organized Dec. 29, 1875. (V 21, p. 40, 302: V
22, p. 16,135, 279, 399; V. 25, p. 39.)
Philadelphia, Germantown A Norristoion.—Leased
Philadelphia & Reading at 12 per
for 999 } ears to
cent, on stock.
Philadelphia, Wilmington A Baltimore.—Net earn¬
ings, year ending Oct 31, 1876, $1,606,0 9, leaving a
surplus income of $2.',6,774 above payment of all
expenses and 8 per cent dividends.
Last annual re¬
port in V. 24, ]#. 88, also p. 397.
Pittsburg Virginia A Charleston .—Ot these bonds
Pennsylvania Railroad owns $500,000.
the
Port Huron A Lake Michigan—This forms
part of
Chicago & Lake Huron consolidation, with Pen¬
insular of Michigan} Interest was in default
Nov.,
1873, and foreclosure is pending. (V. 20. d. 867* V
the
Philadelphia A Erie.—Leased February, 1862. for
999 years to Penn. Railroad, but without any guar¬
antee of bonds.
Gross earnings. 1876, $3,352,979;
earnings, $1,164,533. The Pennsylvan.a Rail¬
road is creditor $234,244. (V. 22, p. 2U6; V. 24.
p. 136, 248.)
net
Philadelphia A Reading— The report for 1875-n, is
given at length in V. u4, p. 38. President Gowan
reviews the year 1876, and gives the facts hearing
the Company’s financial condition and pros¬
pects. The trustees of the general mortgage hold
the mortgage of the Coal & Iron Company. In
March, 187», propositions were made for postpon¬
ing certain ir.t. rest payments. (See V. 24, p. 299 )
A compari&ou of statistics for three years is as
upon
follows:
1873-4.
Gross earnings..
Op.
expenses
Neteamings
Funded debt
.
,
1S74-5.
1875-5.
$14,452,121 $12,660,927 $12,227,511
8,731,916
8,130,159
8,510,350
$5,720,205 $4,530,768 $3,717,161
58,155,138
57,134,111
-(V, 20, p. 358; V. 21, p. 45S; V. 22, p. 109; V. 23,
Pittsburg dk Conndlsvil’e.—On Jan. 1, 1876. a trans¬
was made by City of Ba timore to Balt & O. RR.
$l,0.)0fU0G, and the consol, mortgage made for
£2,200,<'60, and guaranteed by B. & O. Net earn¬
ings 1875-6, *529,674. (V. 24. p. 1 3 5.)
fer
for
Pittsburg, Cincinnati & St Louis.—This, company
leases several roads and is itself controlled by the
Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $.*,508,000; 1st pref.,
$2,928,600 ; 2d pref., $3,000,000.
Annual report,
18:6, V. 24, p. 419. (V. 22, p. 619; V. 23, p. 264;
V. 24, p. 419.)
22, p. 375; V. 24, p. 275.)
Portland A Ogdensburg.—'The two r’iririons
consolidated March 1875 as one
March, 1876,
Portland
469,49j.)
were
In
company.
the interest
Company passed
city bonds. (V. 23, p. 86; V. 24,
180.
■
Portland A Rochester—Interest in
Receiver appointed. (V. 23, p. 354,
170.)
p.
on
default, and
377; V. 24,
p.
'
Pittsburg, Fort Wayne A Chicago.—This road
was
leased July, I860 for 99!) years, to Pennsyl¬
vania
Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $t!%714,286
stock, whi< h was increased at that time from
$11 ,500,000. The le ise was transferred subsequently
to the Pennsylvania Company. The lessees to
keep
the road in repair, and also pay taxes,
expenses,
etc. Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Com¬
Portland, Saco A Portsmouth—Leased March 18,
1871, to Eastern Mass. Railroad for
99 years at 10
per cent per annum; modified Dec., 1875. to 6 per
cent for two years. (V. SI, p. 372, 434,
592; V. 22, p.
568; V. 24, p. 445, 5*2.)
Port Roycd.—The Georgia Railroad guarantees
$500,000 of these bonds; decree of sale in foreclo¬
sure has been entered.
(V. 20, p. *291, 453; V. 21
p. 73; V. 22, p. 591; V. 23, p. 526; V. 24, p. 90.
136.)
STOCKS
RAILROAD
XXVI
Subscribers will confer a great favor
For explanation of column headings, dec., see
at tlie head of first page of tables.
Miles
of
notes
Date
of
Bonds
Size,
or
Par
Value.
Royal (S. G.)—1st mortgage, convertible, gold.
Portsm&ulh, Gt. Falls <£■ Conway—Stock
Bonds (not mort.) guaranteed by Eastern RR
1869
$1,000
1872
100
500 Ac.
100
Mortgage bonds
Reading <£ Columbia— 1st mortgage, coupon
1870
1862
1864
Providence & Worcester—Stock
2d mortgage, coupon
Amount
Outstanding
1,000
1871
(for $2,000,000)
1*867
registered.
1,000
Too
7,000,000
1,000
1,925,000
4,000,000
'508,486
124^200
1,768,500
1,000
1874
1,294,000
1873
500,000
500,000
67,778
299,917
Dollar loan
450,000
Coupon bonds of 1881
Richmond <£ Petersburg— 1st mortgage coupon
23
mortgage
97
190
190
360
120
fund
July, ’79, coup
i*20
Equipment mortgage bonds
120
do
120
115
115
New general mortgage
St. Joseph <£■ Western- 1st M. St. Joseph & Pacitie..
Kansas A Nebraska, 1st mortgage
St. Louis, Alton d• Terre Haute—Stock
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (series A) sinking fund..
£~ o-a 2
1st mortgage (series B) sinking fund..
-'d 2
2d mortgage, preferred (series C)
*-*'
2d mortgage, preferred (series D)
2d mortgage, income
o
" ©
Equipment mortgage.
1870
1870
1872
1876
1876
1864
1864
1864
1864
1864
1870
ga^
.
Mountain
1855
1861
1872
1874
266
■
St. Louis, Iren
1870
1875
218
Rome, Watertown d Ogdensburg—Stock
1st sinking fund mort., Wat. A R
do
c£ Southern—Stock
1st mortgage, coupon
2d mortgage, gold, coupon, may be registered....
Cons. M. gold (s. f. after 1880), coup., maybe reg.
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. & Texas, 1st mort., gold, coup or reg.
Cairo A Fulton, 1st irort., gold, or road and land
St. L. Kansas City d} X.—Stock ($12,000,000 pref.)
1st mortgage (North Missouri)
Real estate and railway 2d mort. (for $3,000,000)
St. L.d S.Francisco.—1st M. (So. Pac.), g., (I’d grant)
2d mortgage bonds, A
do
do
B, gold
do
do
C, gold
Land debentures
St. Ijouis cC- Southeastern—1st M., gold. conv. s. fund
Consolidated mortgage, gold, sinking fund
Evansville Henderson A Nashville, 1st mort
St. Louis Yandalia d: Terre Haute— 1st M. s. f. guar
2d mort., sink, fund ($1,(500,000 guar.)
St. Paul <6 Pacific—First Division—
1st M., 10 miles, St. P. to St. Anthony
1867
1872
1874
1870
1872
1870
100
72
300
582
354
354
293
1,874
1868
1876
18 76
210
420
98
158
158
2d M., St. Paul to Watab. ($700,000)
3d M., land gr’t, St. P. to Watab. ($1,200,000)
Consol, land gr’t
($2,800,000)
do
1st M., St. Anthony to 150 miles west
2d M.,A 1st 1. g., St. A. to 150m.W.($3,000,000)
3d M., 1. gr. on 150m. W. of St. A. A 1st M. on
60m. more with 1. gr. ($600,000)
4th M., St. P. to Breekenridge, 2d on I’d gr.,
150m. ($3,000,000)
St. Paul d: Pacific— 1st mortgage bonds
St. Paul <£ Sioux C— Pref.stock, (Div. on $475,000)
Common stock
1876
1874
69-71
1872
1867
1867
1868
Sandusky Mansfield <£• Newark—Re-organized stock
1st mortgage, new
Portsmouth, Great Falls & Conway .—Opened
in
1872, and is leased by Eastern Railroad, Massachu¬
setts.
earnings
year
end¬
ing September 30, 1876, $220,001; floating debt,
$1,4)0,000. (V. 21, p. 590; V. 23, p. 54 8)
Reading dk Columbia.—This road is operated and
controlled by the Philadelphia & Reading Railroad.
Floating debt, $1,093,494.
Reading dk Lehigh.—This was the Berks County
road; sola out, and leased to Philadelphia & Read¬
ing, March, 1875, for 99 years. (V. 20, p. 63, 267.)
Rensselaer ct Saratoga.—Leased May 1, 1871, to
Delaware & Hudson Canal Company, which pays in¬
terest on bonds and 8 per cent on stock.
In 1872-3
the net surplus to lessee was $201,597. (V. 20, p. 244.)
Richmond dk Danville.—Gross earnings 1875-6,
$937,193; net, $438,232. This company leases the
North Carolina Railroad and the Piedmont Railroad,
and forms a through route with the Atlanta & Rich¬
mond Air-Line. The Penn. Railroad took $1,000,000
of the new bonds. (V. 20, p. 8, 291, 568; V. 21, p.
614; V. 22, p. 1 80; V. 24, p. 298, 870.)
Richmond, Fredericksburg dk Potomac. — Gross
arnings 1875-76, $367,969; expenses, $177,793; net
amings, $190,175. (V. 21, p. 612; V. 23, p. 641.)
Richmond db Petersburg.—Gross earnings year
ending Sept. 80, 1876. $137,407; net, $60,091. (V. 22,
p. 15; V. 24, p. 62.)
Rome, Watertown dk Ogdensburg—The last report,
in V. 22, p. 493, shows gross earning in 1875 of
$1,167,824; expenses, $885,585; net earnings, $282,239.
The Lake Ontario Shore Road has been comolidated with the Rome, Watertown & Ogdensburg,
and is in progress to Niagara.
(V. 19, p. 169; V.
20, p. 8, 163, 311; V. 21, p. 442; V. 22, p. 493.)
Rutland.—Leased January, 1871, to the Vermont
Central. Terms modified m July. 1874.
Default
made on rental, and lease again modified. (V. 21, p.
185, 490; V. 22, p. 209; V. 23, p. 110.)
St.
Joseph dk Western.—The road was sold in
31,000
3,147,600
100
100 Ac.
500 Ac.
799,900
1,200,500
1,000,000
3,000,000
2,479,700
1,000
1,000
100
100
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100
100
Where
Bonds—Princi¬
pal, when Due.
Payable, and by
Wliom.
A N. New York and London.
A J. Bost., Eastern RR. Co.
do
do
A D.
A J.
Providence, Office.
do
do
A J.
A 8. N. Y.f Union Nat. Bank.
A D. Columbia, First Nat.B’k
7 g.
3
6
4
6
7
7
M.
J.
J.
J.
J.
M.
J.
4
7
J. A J. N. Y., Nat. B’k Com’rce.
M. A N. N.Y., Del. AII.Canal Co.
'
1,000
1,000
500 Ac.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500 Ac.
100 Ac.
500 Ac.
500 Ac.
1,000
500 Ac.
1,000
1,000
1,000
7
7
-
300,000
#
.
1,000
1,000
100
50
1,000
g.
g.
g.
g.
g.
7 g.
7 g.
7
7
7
J. N. Y., Office 12
1894
1894
1894
1894
1894
1860
Wall st.
do
do
do
do
do
do
db
do
do
do
A. N.Y.,Office 20 Nassau st
N. New York or London.
do
do
O.
I). New York, Co.’s Office.
do
do
D.
do do
J.
Aug. 1, 1892
May 1,1897
April 1, 1914
Juue 1, 1897
June 1, 1897
Jan. 1, 1891
J. N.Y.,Nat Bkof Com’rce July 1, 1895
do
do
Sept. 1, 1904
S.
July, 1888
J. N. Y., Trask A Stone.
Nov. 1, 1906
do
do
N
Nov. 1, 1906
do
do
N.
Nov. i, 1906
do
do
N,
Jan. 1, 1864
do
do
Q-J.
Nov., 1894
M. A N. N. Y., G Opdyke A Co.
do
do
F. A A.
Aug., 1902
do
do
July 1, 1897
J. A J.
Jan. 1. 1897
J. A J. N. Y., Third Nat. Bank.
do
do
May 1, 1898M. A N.
J.
M.
J.
M.
M.
A
A
A
A
A
M. A
S.
J.
I).
N.Y.,J.S. KennedyA Co.
do
do
In default.
do
do
do
1881
1892
1892
1892
1894
1894
5,700,000
7
M. A N.
do
1898
1,500,000
7
7
2
J.
J.
A D.
A J.
do
do
1900
190 L
ft
2
J.
A J.
7
J.
Ist N. Bk., Sandusky, O.
A J. N. Y., Union Trust Co.
15,000,000
2,081,800
4(H) 000
1,050,356
2,301,000
will be
St. Louis, Alton & Terre Haute.—The main line—
Terre Haute to h.St. Louis and Alton Branch—was
leased June, 1867, for 90 years, to lndianap. & St. L.
at 30 per cent of gross earnings up to $2,000,000 (but in
no year to be less than $450,000).
In 1876 gross earn¬
$1,072,303, against $1,019,837 in 1875.
Belleville Branch and Extension earned net in
$129,286. (V. 21, p. 61; V.22, p. 351; V. 23, p.
V. 24, p. 297.)
The
1S76,
208;
St. Louis, Don Mountain dk Southern— There are
also $663,000 of Cairo & Fulton Income bonds.
Gross earnings, 1876, $4,002,045; net. $1,966,325. In
1875, the company funded three coupons on all
bonds except tne> old firsts, but when coupons fell
due Nov., 1876, they were paid only in part;
after April, 1877, defaulted altogether. The net earn¬
and
managers to
D.
A.
N.
St.
Q.-J.
managed for the benefit of ihe holders of the land
scrip of $2,250,000; this scrip may be exchanged
for lands, at the rate of ten dollars per acre, until
May, 1878. (V. 21, p. 40, 418, 442, 505; V. 22, p. 234,
297, 415; V. 23, p. 182; V. 24, p. 322, 469.)
floating debts.
by the U. S. Circuit Court in
June, 1877. (V. 22. p. 209, 326; V. 23, p. 452; V.
24. p. 227, 250, 297, 322, 3 4 4, 347,397, 421, 469, 495,
513, 565.)
Kansas City dk Northern.— Half the stock
pref., 10 per cent yearly, but not cumulative.
Gross earnings in 1876, $3 143,865; net, $1,209,338.
Floating debt, except $753,000, retired with second
mortgage bonds. (V. 21, p. 160; V. 22, p. 542; V.
23, p. 295, 379; V. 24, p. 90, 272.)
St. Louis,
19—
19—
7
road, and under the direction of trustees
is
A
A
A
A
A
A
F.
M.
A.
J.
J.
J.
M. A
A
A
A
A
A
The interest is
are applied by the
A receiver was refused
1875
May 1, 1880
Sept.-1, 1880Nov. L, 1902
Feb. 2,
....
7
7
6 g.
6
2 Ac.
2 Ac.
10
of $1,200,003 second mortgage on
payable only if earned,
during the first five years. The land grant of
300,000 acres has been disconnected from the rail¬
ings
1,«L892
July 1, 1904
Jan.
....
first mortgages
were
1; 1915*
July 15, 1875
Sept. 1, 1880
Dec. 1, 1891
May
.
7
7
7
7
7
7
and re-organized under two
companies, the Eastern Division becoming the
St. Joseph & Pacific, and the Western Division the
Kansas & Nebraska. Consolidation under the name
of St. Joseph & Western was made March, 1877.
Bonds were to be issued in addition to above
ings
do
do
do
do
do
do
New York.
M. A N.
M. A N.
M. A S.
foreclosure Nov., 1875,
each road.
....
1875
1875
1881-’90
1880 to ’86
J.
J.
J.
F.
M.
o
....
Boston, Treasurer.'"
A.
N.
S.
N.
J.
J.
A. A O.
F. A A.
7
7
7
7
1870
1871
1888
A
J.
8
220
140
121
121
116
116
do
do
....
120,000
250 Ac.
Jan. 1, 1875
1878 to’90
July 6,1874
366,000
1868
Y.,City Nat. Bank.
1880
....
1,000
210
A
A
A
A
A
A
F.
M.
M.
M.
J.
J.
3
7
7
7
7
7
10
1,899,000
2,600,000
250 Ac.
Nov., 1921
....
_
1,000
1,000
do
N.
A. A O. New York or Richmond
J. A J.
London.
Various
Richmond, Office.
do
J. A J.
A. A O.
Richmond, Office.
do
do
M. A N.
J. A J. N. Y., Farm. L. A T. Co.
do
do
M. A S.
do
do
J. A D.
do
do
J. A J.
do
do
A. A O.
7
8
8
7
7
8,000,000
1,096,000
1,114,000
1,500,000
1,700,000
1, 1877
Jan.
...
3128
1,500,000
250 Ac.
250 Ac.
Nov. 1, 1889
July 15, 1873
Dec. 1, 1892
Jan. 1, 1877
July 1, 1889
Men. 1, 1882
June, 1884
....
„
20,103,533
4,000,000
5,927,000
2,202,000
2,500,000
24,000,000
6,000,000
3,000,000
7,194,500
286,200
2,450,000
2 262,000
350,000
3,250,000
5,145,000
1,000,000
Richmond, Office.
....
7
1,900,000
1,900,000
1862
1862
1862
1865
1864
1864
1869
.
500,000
1,212,000
1,000
Dividend.
....
'500,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
Stocks—Last
....
J A J.
J. A J.
M. A N.
6
6
6
6 g8
6-70
6 g.
6 A 7
8
8
'
7
3
7
4,168,700
500 Ac.
100
1865
175;000
1,000
100
686
210
210
686
.
Providence dk Worcester.—Net
Payable
650^000
350^00
100 Ac.
Rich'd, Fredericksburg <£• Potomac—13onds, ster
r
When
Cent.
$2,500,000
-770,000
486,000
2,000,000
500,000
100
New general mort., gold (for $0,000,000)
Piedmont branch, 1st mortgage
Northwestern, N. G\, 1st mort., guar
General mortgage, sinking
2d mortgage
Consol, mort., convert, till
Rutland—Stock, common
Preferred stock
Rate per
.
discovered In these Tables.
1 500 000
Reading effLehigh—1st mortgage
Rensselaer <& Saratoga—Stock
New
[July 28, 1817.
bjr giving Immediate notice of any error
Port
Bonds, guaranteed by State
3d mortgage, consolidated, coupon or
BONDS
INTEREST OR DIVIDENDS.
DESCRIPTION.
1st mortgage, consolidated
Richmond <t Danville—Stock
State sinking fund loan
AND
Paul, Office.
Oct., 1876
Oet. 1,
1875
July, 1902
S\ Louis dk San Francisco— This is the re-organi¬
zation of the Atlantic & Pacific, sold in foreclosure
Sept. 8, 1876. The stock is. $1,400,000 old on Cent.
Division; $4,500,000 new 1st pref.; $10,000,000 pref.;
and $9,500,000 com. The Atl. & Pac. was a consoli¬
dation, in 1870, of the Atlantic & Pac. and So.Pacific.
The land grant amounts to some 1,000,000 acres.
The interest on bonds “ B ” and “ C ” is 2 per cent
for 2 years, 3 for 3 years, 4 for 1 year, 5 for 1 year,
and 6 afterward. (V. 22, p. 61, 862, 374. 471, 589;
Y. 23, p. 85, 232. 278, 352, 418; V. 24, p. 543.)
St. Louis dk Southeastern.—In hands of receiver.
See report at length in V. 24. p. 203. (V. 22, p. 83,
180, 591; V. 23, p. 549; V. 24, p. 203, 322.)
St. Louis, Vandaiia & Terre Haute —The com.
stock is $2,383,315; pref., $1,451,700. This road is
leased to Terre Haute & Iudianapolis at 35 per cent
In 1876gross earnings, $1,086,246.
by Terre Haute & Indianapolis,
by Columbus, Chicago & Indiana Central, and Pitts¬
burgh. Cincinnati & St. Louis. (V. 24, p. 110.)
St. Paul dk Pacific, First Division.—'The bonds of
the Firct Division of the St. P. & P. RR. Co. are
nearly all held in Holland. The third mortgage of
$6,000,000 ha* the additional security of the $1,500,000 first mortgage bonds held by its trustees. In¬
terest in default since June, 1872, on all the issues
exceDt the first and second mortgages on Branch
Line,* but certain payments made in May, 1877.
Suits of foreclosure are in progress, and. the rail¬
of gross eari.ings.
Bonds guaranteed
road has been taken possession of by the trustees
under the mortgage deeds.
(V. 22, p. 38, 159, 209,
281; V. 23, p. 379: V. 24. p. 17§, 227, 421, 610.)
St. Paul dk Pacific.—The road is in hands of Re¬
ceiver of U. S. Court, and the bonds are all held in
Holland. The mortgage is being foreclosed. (V*
23, p. 233, 428; V. 24, p. 510.)
St. Paul db Sioux City.—This company has 756,437
acres of land unsold.
See annual report V. 24, p.
298. (V. 22, p. 479: V. 24, p. 298.)
Sandusky,
ManMetd dk Newark.—This road is one
leased to the
by Baltimore
of the Baltimore & Ohio system; it is
Central Ohio, and the lease guaranteed
& Ohio.
(V. 19, p. 584.)
U
jow 28.
RAILROAD STOCKS
1877.]
Sabiorlbers will eonftr
a
AND BONDS.
great flavor by giving immediate notice of
any error# discovered in these Tables*
DESCRIPTION.
For
explanation of column headings, &c.,
at head of first page
Miles
Date
of
of
see notes
of tables.
.
Schuylkill Valley—Stock
Seaboards Roanoke—Stock
1st mortgage
Selma & Gulf— 1st mort., guar, by Alabama
Selma Marion A Memphis— 1st mort., end. by Ala..
Selma Rome A Dalton— 1st mortgage
2d mort., Alabama Si Tenn. River RR
General mortgage for $5,000,000
101
.
•
.
1853
1868
1869
1870
1874
.
101
40
14^
23
80
80
40
50
100
100
.1,000
100 &c.
....
50
....
100
1,000
1,000
1,000
....
....
....
....
28
28
45
40
32
50
50
1865
105
1868
....
1871
1864
1871
1869
....
....
....
50
500 Ac.
1,000
....
500 &c.
100
100 &c.
500 &c.
500 &c.
1871
1871
1871
....
1,000
1,000
....
100
1st mortgage, sterling loan
do
dollar bonds (L).
2d mortgage (for $3,000,000)
242
1868
1868
1872
1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
1868
1875
242
Domestic bonds (I)
Domestic bonds (K)
'
So. & No. Alabama—1st M., endorsed by Alabama.
Sterling mortgage, guaranteed by L. Si N
Long Island— 1st mortgage (S. Side)...
Southern of
s.
fund)
Mortgage bonds, Southern of L. I....
Southern Central (N. YJ—1st mortgage
2d mort. gold ($400,000 end. by Lehigh V. RR.).
Southern Iowa A Cedar Rapids— 1st mort., gold
Southern Minnesota— 1st mortgage
mortgage
Southern Pacific {Cal.)—1st mortgage, gold
Southern Pennsylvania—1st mortgage, gold
Southwestern (Ga.)—Stock, guarant’d7 per annum
Company bonds, couvertible-into stock at par
Springfield Athol A N. E.—1st mortgage
Sterling Mountain (N.Y.)—1st mortgage
Stockton A Copperopolis— 1st mort.,
(guar, by C. P.)
Syracuse Binghamton & N. Y.—Stock
2d
mortgage (now first)
Consol, mortgage
Summit Branch (Pa.)—Stock
1st mortgage bonds
Terre Haute <6 Indianapolis—Stock
1st mortgage
Bonds of 1873 (for $1,600,000)..,
Texas A Pacific—1st mort., gold, coup.($8,000
p.m.)
2d mort., consol., gold, coup. ($17,000
p. m.)
Income and land mort., reg. (7,000,000 acres)
Texas Western—(Narrow g.)—1st M., 1.
gr., gold
Toledo, Peoria A Warsaw—Stock
:
1st preferred
2d preferred
lBt mortgage (W. Div.)
1st mortgage (E. Div.)
.
500
....
South Carolina—Stock
2d
$500
100 &c.
1870
1869
122
124
or
Par
Value.
....
....
Shamokin Valley A Pottsville—Stock
1st mortgage, gold, on road and lands
Sheboygan A Fond da Lac—1st mortgage
1st mortgage extension
Shenango A Alleghany—1st mortgage
Shore Line (Conn.)—Stock
1st mortgage, construction bonds
Sioux City A Pacific—1st mortgage
2d mortgage (government subsidy)
Sioux City A St. Paul— 1st mortgage, gold, I’d grant
1st mortgage, currency, for $2,100,000.
Somerset— 1st mortgage, gold
mortgage S. Side (1st mortg.
Size,
Road. Bonds
Savannah <& Charleston—C. Si S.„ guar, by 8. C
Funded iut. bonds, 8. & C. RR., guar, by 8. Car...
1st mortgage, Savraunah & Charleston RR
Savannah A Memphis—1st mortgage, end. by State
Schenectady A Duanesbury—1st M., guar. D. & H
2d
xxvii
%
2d mortgage (W. Div.) convertible
Consolidated mortgage (for $6,200,000)
1st mortgage (Burlington Div.)
Toledo, Tiffin A East.—1st mortgage..
Troy A Boston—Stock’
.'.
1st mortgage, consolidated
Convertible bonds
Troy Union—1st mortgage, guaranteed, Troy City.
Tuckerton—1st mortgage
Union Pacific—Stock
242
....
....
183
183
57
57
69
116
116
87
170
170
600
24
500
....
500
100
1,000
....
500 &c.
500 &c.
500 &C.
1,000
100 Sic.
....
1,000
1,000
500 &c.
....
257
....
100
....
....
....
....
48*3 1871
7
30
81
81
1865
1875
1875
1867
1876
....
20
20
80
73
100 Sic.
1,000
500 <fcc.
100
1,000
1,000
50
....
....
....
50
....
1869
1873
1875
1875
1875
1876
....
444
444
444
50
247
247
247
•
116*2
1103*
•
•
1,000
....
1,000
1,000
1,000
....
100
100
100
•
1866
1864
1866
1870
1871
1872
II6I2
227
10
24
35
35
Various
1,000
1,000
1,000
1,000
1,000
1,000
100
....
1874
....
1,000
500 Sic.
....
2is
29
1871
1,038
1st mortgage, gold, on road and
equipment..
1,038
2d
do
(government subsidy)
3d
do
on road (2d on land),
sinking fund. 1,038
....
1866-9
....
....
500 &c.
100
1,000
1,000
1874
....
INTEREST OR DIVIDENDS.
Amount
Outstanding
$505,000
6
7
7
8 g.
6
5
3
7
8
8
7
8
7
3
7 g.
7
8
7
4
J.
1,629,000
7
6
M.
J.
1,628,020
6
J.
500,000
1,240,000
7
8
7
1
5
6
7
7
6
8
o
7
7
7
7
7
7
8
7
6
7
M.
M.
111,800
500,000
16,000 p. m.
500,000
576,050
1,350,400
210,000
16,000 p. m.
16,000 p. m.
838,500
241,000
3,000,000
869,450
1,994,000
750,000
694,000
800,000
’
1,000,000
200,000
450,000
5,819,275
1,482,666
1,051,500
1,206,500
1,054,500
64,000
391,000
5,355,000
750,000
1,500,000
405,050
1,500,000
600,000
1,500,000
3,340,000
1,252,000
,
24,000,000
625,000
3,892,300
399,000
416,000
350,000
Bonds—Princi¬
Rate per When Where Payable, and
by
Cent.
Payable
Whom.
g.
500,000
2,004,000
270,000
1,750,000
4,125,000
800,000
1,988,150
800,000
800,000
1,428,000
6,556,000
5,032,000
10,000 p.m.
3,000,000
1,700,000
1,000,000
A.
&
&
Si
&
Si
&
<fc
&
&
&
&
&
&
S.
S.
J.
N.
S.
J.
N.
J.
O.
S.
J.
J.
O.
A.
J.
D.
O.
O.
J.
S.
J.
Stocks—Last
Dividend.
Charleston, 1st Nat. Bk. March 1, 1877
New York.
do
N. Y.,Lancaster, B.& Co.
Del. & Hud. Canal Co.
Philadelphia, Office.
Phil.,Townsend,W.& Co.
do
do
New York.
New York.
New York, Office.
do
do
do
do
Sept. 1,
Jan. 1,
May 1',
Sept. 1,
1880
Jan.
&
Philadelphia,Treasurer.
&
do
do
Si
N. Y., City Nat. Bank.
&
do
do
Si
N. Y., N.Bk. of Com’rce.
&
N. II., Nat. N. H. Bank.
&
do
do
&
N. Y., Nat. Park Bank.
Si J. ll.S. Treas., at maturity
& N. N. Y., Metropol. N. Bk.
Si N.
do
do
1,
Sept. 1,
Jan. 1,
Jan. 1,
April 1,
g.
g.
g.
g.
g.
g.
J. &
J. &
A.
A. &
J. &
J. &
M. &
M. Si
M. &
M. Si
F. &
M. &
M. &
A. &
J. Si
A. Si
M. &
J. &
1890
1889
1872
1864
1887
Aug., 1877
July, 1901
June, 1884
October, 1896
April 1, 1889
July 5, 1877
Sept. 1, 1880
Jan. 3, 1898
Jan. 1, 1898
Nov.,
June,
Q.—F.
g.
1899
1889
1890
1924
July, 1877
May 3, 1877
'
3*2
•
M.
M.
J.
M.
M.
J.
M.
J.
A.
M.
J.
J.
A.
F.
J.
J.
A.
pal, When Due.
1901
1891
Charleston,S.W.RR Bk
Mav.
1871
J.
London.
1878 to ’88
J.
New York.
1878 to ’88
O.
do
Oct. 1, 1902
O.
Charleston. April, 1891
J.
do
1880 and 1892
J. N. Y., Drexel, M. & Co. Jan.
1, 1890
N. London, Baring Bros.
S. N. Y., Gallatin Nat. B’k Mar.
1, 1887
N.
do
do
1, 1900
May
N.
do
do
Nov. 1, 1879
A. N. Y., Vermilye Si Co.
Aug. 1, 1899
8.
do
do
Mar. 1, 1882
N.
May 1, 1900
O. N. Y.,P.M. Myers & Co.
1878 to ’88
J.
do
do
'
1890
O. N. Y., C. P. Huntington.
April 1, 1905
S.
Mar. 1, 1900
D. Savannah,Cont.RR. Ga. June
7
Various
7
7
5
4
7
7
3
7
5
7
7
6 g.
6 g7
7 g.
J.
J.
J.
J.
J.
20,1877
Macon
& J. Boston, Eliot Nat. Bank
& J.
New York.
& J. N Y., Central Pacific.
& D. N.Y., I). L. &W.RR. Co.
&D.
do
do
A. & O.
do
do
F. & A. Philadelphia & Boston.
J. & J. Boston, N. Y. & Phila.
J. & J. N.Y..Farmers L.& T.Co.
A. & O.
do
do
1886
July l,’83to ’93
1885
January, 1905
Dec.
15, 1875
June, 1887
1906
Feb. 16, 1877
Jan. 1,1904
Sept. 15, 1876
July, 1879
1893
M. & S. Phila., N. York ^London March
1, 1905
J. & D.
do
do
June 1, 1905
July. New York& Philad’pliia Jan. 1, 1915
J. & J. N. Y., Farm. L. & Tr.Co
Jan., 1870
1,800;000
7
7
7
7
7
7
1,600,000
1,300,000
1,500,000
250,000
861,000
1,609,000
1,384,000
4
7
7
6
7
2
6 g.
6
8
650.000
680,000
408,000
36,745,000
27,232,000
27,232,000
14,188,000
F. & A. New York, Co.’s office.
J. & D.
do
do
A. & O.
do
do
M. & N.
do
do
J. & D.
do
do
A. & O.
F. & A. Troy, Company’s Office.
J. & J. N. Y., Nat. B’k of Com.
M. & S.
do
do
•Feb.
Dec.
A. Si 0. Phila.. Safe Deposit Co.
Q.-J. New York and Boston.
J. & J.
do
do
U.S. Treas., at maturity.
M. Sc S. New York and Boston.
April 1, 1910
July 2, 1877
1896
1894
1886
1910
1901
1902
Feb. 1,1877
1,
1;
April 1,
May 2,
June 1,
April 1,
1894
1882
1896 to 1899
....
■
Mch. 1,
1894
••
Savannah & Charleston.—Interest in default. Road
ia hands of State Comptroller. (V..22,
p. 615.)
Savannah A Memphis— Defaulted after the crisis
of 1873.
A
South & North Alabama.—This road is leased and
Terre Haute
operated by the Louisville & Nashville, which guar¬
antees the bonds.
Preferred stock, $1,500,000.
Southern of Long Island.— This is successor of
South Side, and is leased to L. I. Railroad.
There
are also $60,000 6 p c.
mortg. bonds on Rockaway
Branch, and $64,300 7 p. c. on Southern Hempstead
2f, p. 442.
$721,009; net earnings, $317,410.
Texas & Pacific.—A full account of the
company
is given in the annual report in
Chronicle, V. 23,
penses,
funding proposition was offered.
Sehenec'ady A Duanesburg.—Capital stock au¬
thorized was $300,000, of which $100,500 was
paid
in. It is all owned by the Can-tl Co., which runs the
road in connection with the Albany & Susqueh. road. Branch.
Southern Central.—Forms an extension into New
Schuylkill Vcdley.—Leased to Philadelphia & Read
York Stite for Lehigh Vailey, which
ing, with 10 per cent dividends.
company en¬
Seaboard A Roanoke.—Net earnings year
ending dorses $400,000 of second mortgage bonds.
March
1, 1876, $133,625. Report V. 21, p. 276.
Selma A C/id/’-Iuterest in default. Foreclosure
pending. (V. 24, p. 290.)
Selma, Marion & Memphis.—Defaulted 1872. Re¬
ceiver. May, 1876. (V. 19, p. 366; V, 22,
p. 487.)
Selma, Rome A Dalton —This was formerly the
Alabama & Tennessee River. Interest in
default,
and road to be sold.
(V. 24, p. 56b.)
Shamokin Valley A Pottsvi'le.—Leased
February.
1863, to Northern Central,at7per cent ombondsand
6
per cent on stock.
Sheboygan A Fan da Lac.— Went to default, 1873.
A funding
plan was offered. (V. 24, p. 198, 345.)
Shenango A Alleghany.—Leased to Atlantic &
Great Western, and “rental trust bonds” issued.
Gross earniugs 1875,
$201,039; net, $114,699.
Shore Line.— Leased to New York & New Haven
at $100,0 U)
per year. Old stock was exchanged for
new iu July, 1873.
(V. 21, p. 63.)
Sioux City A Pacific.—For year
ending June 30,
1874. gross earnings were $319,819, and net
earnings
$56,115. Pays 7 p. c. on pref. stock. $169,800, semi¬
annually, A. & O. - (V. 22, p. 515, 599.)
Sioux City A St. Paul.— There are also
$502,000 2d
mort.
bonds, $146,000 equipment, and $286,600 in¬
come bonds.
Net earnings in 1875 were
*75,746.
Lands unsold, 515,215 acres.
(Y. 22, p. 5 68.)
Somerset.—This
road is leased to Maine Central.
South Carolina—-Gross
earnings in 1876, $1,126,437; operating expenses, $647,752; net
earnings,
$478,084 (a decrease of $102,865 from 1875.) Annual
report in V. 22, p. 398, and V. 24,
p.
345.
South Iowa A Cedar Rapids.— In
progress.
tumwa to Cedar Rapids, Ia.
23, p.
Texas
narrow-gauge road is ia
(See V. 23, p. 49, 152, 526.)
Toledo, Peoifia & Warsaw.— Interest in default.
Passed into receiver's hands
December, 1873.
February; 1874. Foreclosure suits commenced 1875.
(V. 21, {>. 160, 372, 505. 592, 614; V. 22, p. 159, 297; V.
23, p. 256; V. 24, p. 566.)
Toledo Tiffin A East.—Sold in foreclosure
July1876. (V. 23, p. 63.)
Troy A Boston.—With leased roads forms a line
from Troy, N. Y., to North Adams, Mass. In
1673-74
Ot¬
Therewere $530,310;
283.879.
few of old
fross
earnings
operating
expenses,
1st
2d mort¬
are a
Pennsylvania.—This is a mining and rail¬
by the
Cumberland Valley.
Southwestern Georgia.—Leased to Central Georgia.
Dividends 8 a year to every 10 per cent on Central
Georgia stock, but 7 per year guaranteed. “Tri¬
Central Georgia.
.
p.
Sterling Mountain.—Cost of road and equipment,
$502,468. Net earnings 1872-3, $15,673.
Stockton A Copperojwlis.—Defaulted
July, 1374,
and old bonds of $1,000,000
exchanged for present.’
(V. 21, p. 159. 169, 316.)
Syracuse, Binghamton A Neio York.—Operated by
Del. L. & W.
Summit
Last dividend (in 1875] 4 per cent.
Branch.—This is a coal roati, and leases
Lykcns Valley.
Net earnings in 1875, $498,841.
ana
bonds yet outs landing.
Troy Union.—A short road in Troy city. Bonds
issued by city and guaranteed by several roads.
Tuckerton.— From New Jersey Southern Railroad
to Tuckerton, N. J. Net earnings 1876,
$7,411.
Union Pacific.—Gross
earnings in 1876 weie
#12,886,R58, against $11,973,832 in 1975; net earn¬
ings, $7,618,647, against $7,011,781.
The per¬
centage of operating expenses to gross earn¬
ings was 41 *5f per cent in 1875 and 40'88 per
cent in 1876.
Land sales in 1876, 125.905 acres at
$2 98>J per acre, or $375,540. Total sales to Jan. 1,
1877, 1,319,848 acres for $5,711,562. Land notes and
contracts on hand, January 1, 1877,
$3,182,934.
The suit to recover for Government
transportation
was decided by the United States
Supreme Court
in favor of this
company, Nov. 29, 1875, includ¬
ing the important ruling that interest on the Gov¬
ernment loan is not payable till the principal is
gage
road company, re-organized in 1872 after foreclosure
under 8-jc >nd mortgage.. The. road is leased
»field,
24, p. Athol
198.) A Noriheastern.—(V. 21,
Western.—This
progress.
were $2,160,839
gold, and net earnings, $1,020,509,
gold. (V. 22, p. 281, 375; V. 23, p. 304; Y. 24, p.
299, 386, 445, 519.)
see
$891,882; net earnings, $672,742. (V.
p. 229, 324; V. 22, p. 586,
607; V.
160, 206,279.)
20, p. 63; V. 21,
Southern Pacific (Col.)—This road is in
progress;
built by a Construction Co., and controlled
by Cen¬
tral Pacific parties. The stock paid in is
$31,064,800.
In 1875 6, on 392miles operated, the
gross earnings
partite” bonds issued;
Gross earnings, 1875-6, $1,564,624; operat¬
p. 206.
ing expenses,
Southern Minnesota,—Sold and re-organized.
Land
grant is about 1,790,000 acres. (V. 20, p. 63, 291, 571;
Y. 21, p. 78; V. 23, p. 62; V. 24, p. 11, 198, 227.)
Southern
A Indianapolis.—Annual
report, V.
Gross earnings, 1875-6, $1,038,450; ex¬
due
1
24,
in
p.
1896-99.
226-
Abstract
The
annual
of
last
report
report
V.
gives
no
great favor by
Subvertbers will confer a
DESCRIPTION.
at the head of
Date
Size, or
Par
of
of
Road. Bonds. Value.
first page of tables.
Union Pacific—(Continued)—
Land grant bonds on 12,000,000
Omaha bridge bds, st’g,
(s.f. about $50,000 yrly).
sterling loan
100
100
gold
mortgage, sinking
do
do
do
dollar loan, mortgage
bond to State of New
1867-9
1871
1866
,
do
Jersey
do
3(3*2
gold
bonds of July, 1808
Mortgage bonds, 2d issue
1st mortgage
Vermont d
Bonds,
guaranteed by Vermont
Missisquoi Railroad bonds
Vermont Central— 1st mortgage,
consolidated
consolidated
Equipment loans
Stanstead, 8. A Chambly bonds
Income and extension bonds (to pay
Vermont d Massach usetts—Stock
1st mortgage (sinking fund $7,000
Convertible bonds
do
do
Vieksburg d Meridian—1st series
2d series (blue endorsed)
3d
do (black endorsed)
4th do (not endorsed)
..
1872
float’g debt).
per
80
77
80
year)
140
140
140
140
(red endorsed) —
Special loan, funding mortgage
75
167
180
33
29*
75
167
180
242
490
109
A Toledo)
Southern Iowa)
Wabash)
Western)
2d mortgage (Great Western of 1859)
Equipment bonds (T. A W.)
Consol, mort., (on all but Decatur & E. St. L.)
1st mortgage, (Decatur A East St. Louis)
let mortgage (Quincy
1st mortgage (Illinois A
2d mortgage (Toledo A
2d mortgage (Wabash &
mortgage
Washington City, Va. Mid. d Ot. Southern—Stock...
2d mortgage, O. & A. RR
1st and 3d mortgage, O. & A. RR
4th mortgage. O. & A. RR
Funded interest, O. A A. RR
1st mortgage, O., A. A M. RR
Gen. mort., gold, Wash. C., Va. Mid. & Gt. South’n
Lynchburg & Danville, 1st mort., guar., coup
Walkill Valley (X.Y.)— 1st
Westchester d Phiiadeipthia—Preferred
1st mortgage, ne w
conv..
regist’d
.
Diviin July,
$1,040,056 against ‘.he company as
net earnings. (V. 21, p. (34, 105, 245,
5 per cent of
802, 372, 467,
415, 472, 545;
V. 24, 591.)
Union Paci/lc Central Branch.—This was formerly
Atchison & Pike’s Peak road. Interest in de¬
mit since November, 1873. Gross earnings 1874-75,
113,519; expenses, $123,188. (V. 17, p. 588, 834; V.
), p.8,314; V. 21, p. 612 ; V. 22, p. 111,545; V.23,
16; V. 22, p. Ill, 182, 2-34, 257 , 400,
\ 23. p,
112. 208, 330, 472, 50«, 623;
lrf
le
.150.)
United New
Jersey Railroad A Canal Companies.
-Ike Camden A Amboy Railroad and branches,
►elaware & Raritan Canal, and New Jersey Railroad
'ere
Companies of New Jersey. They
Pennsylvania Railroad, Oct 20, 1871,
the United
leased to
stock and assumption of all liagross earnings were $11,824,132;
et, $5,074,016, leaving a profit to lessees of $1,127,21 after paying interest and dividends.
(V. 24, p.
t 10 per cent on
ilities. In 1876 the
>16.)
Utah Central.—Salt Lake
et earnings were $20o,358.
In 1872-3
Utica A Black River.— Gross receipts 1875-6,
491,57t; expenses, $287,372; dividends disbursed,
to Ogden.
(V.22, p. 207.)
& Elmira.— The road was completed
iovember, 1875. The sivking fund is $30,000 yearly
rom 1878.
(V. 21, p. 16: V. *3, p. 16; V. 24, p. 591.)
Valley (Fa.).—This road was built chiefly by subcription of Balt. & Ohio RR., Baltimore city, and
rirginia counties. Operation of the road by Balti106,248.
Utica, Ithaca
lease
& Ohio was discontinued, and temporary
lade to Shenandoah Valley Railroad. (V. 20, p.
53; V. 21, p. 396; V. 22, p. 463, 559,
iore
16,
591, 607.)
Vermont A Canada— Under lease to Vermont
lentral, and proposed to be sold to same for $1,500.90 in 6 p. c. bonds, and $500,(00 pref. stock. (V.
), p. 40, 504; V. 20, p. 16, 141. 419, 445. 468 492; V.
I, p, 442; V. 23, p. 500, 623; V- 24, p. 421, K6.)
1,000
Ac.
&c.
&c.
Ac.
Ac.
Ac.
27
1871
1861
1866
1869
1871
1872
1,000
1,000
1,000
1,000
1,000
2,500,000
2,496,000
500,000
300,000
250 Ac.
100 Ac.
1,000,000
1,500,000
2,500,000
500 Ac.
1,000
1,000
100 Ac.
100 Ac.
1,000
100 Ac.
44
160
600,000
2,610,000
2,700,000
1,000
1,000
(?)
.....
500 Ac.
100
700,000
578,859
500 Ac.
526,500
821,300
100 Ac,
50
500 Ac.
500 Ac.
500 Ac.
500 Ac.
1,100,000
1866
1870
*
*
*
4,000,000
1,200,000
*
May L 1895
1896, '97, ’98
July 10, 1877
Mch. 1, 1901
Oct. 1, 1894
Meh. 1, 1894
Mch. 1, 1894
Feb. 1, 1888
Philadelphia Office.
N.
A. N. Y., B’kof Commerce,
do
do
O.
Salt Lake City.
J.
Utica.
D.
Utica and New York.
J.
do
do
A J.
1880
Feb.
Q.-F.
New
1, 1890
July, 1878
July, 1891
1, 1902
Jau.
June
i‘,’
1872
July 1. 1891
Jan. 1, 1891
Nov. 1, 1886
1891
1876 to 1889
Jan.
1, 1887
1902
Apl. 7, 1877
July 1, 1883
July 1, 1879
July 1, 1885
Jan. 1, 1890
Jau. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
L. A W. RR.
do
do
A O. N.Y., Bull’s Head
J. A J. Balt., R.
do
M. A N.
do
M. A S.
4
7
3
6
6
7
7 g.
7 g.
7 g.
10
8
8
8
J. A J.
M. A N.
A. A O.
J. A J.
A. A 0.
F. A A.
M. A 8.
J. A J.
A. A O.
J. A J.
J. A J.
1880
Aug. 1, 1890
Aug. 1, 1890
Bank.
Nov. 1,
Apl. i
*1877
1900
1905
1896
Garrett A Sons Jan.' 1*1875
do
May 1, 1873do
Sept. 1, 1880
Q-i.
Balt., R. Garrett A Sons Mch. 1, 1882
do
do
May 1, 1903
do
do
April 1, 1896
July 10,1877
Philadelphia, Office.
do
do
Phila.—Pa.RRCo. Office
do
do
do
do
do
do
New York and Loudon.
New
April 1, 1891
1877
Mch., 1883
Feb. 10,
Jan., 1896
Oct., 1890
Jan. 1, 1886
1902
York, Office of Co.
Atlanta, Co.’s Office.
J. A J. New York A
do
A. A O.
do
A. A O.
Oct’77 to ’91
Savannah.
do
do
Oct,
1, 1890
$1,033,980; expenses, $672,367; net earnings, $401’
The company has been assisted by Balt. & O.
1st and 3a mortgages, placed together, were
complications. A new corporation under the name originally $400,000 1st 6s, and $600,000 3d 8s.
of Central Vermont has Jbeen formed, with, $2,000,000
some of which have been exchanged for general
Vermont Centra'.—In
default on interest, and
1872 the Company went to
has since been in numerous
paid-up eapital, and assumed obligations of the old
Vermont Central. Foreclosure pending on 2d mort¬
gage.
(V. 22, p. 110, 5S9; V. 23, p. 40, 370,
24, p. 413, 566.)
Vermont A Massachusetts. —This
the
623; V.
road is leased to
commencing
the debt and 4
5
Fitchburg RR. Co. for 999 years,
Jan. 1, 1874; they paying interest on
per cent on the stock for the first two years,
per
cent the next two years, and 6 per cent for the re¬
mainder of the lease, exclusive of all taxes.
612.
The
mortgage bonds, but are
deposited in escrow only.
president, Mr. John S. Barbour, wras appointed
receiver in July, 1876. Interest in default, but re¬
The
ceiver ordered o make
25. p. 41. (V. 22, p. 15,
certain payments.
SeeV.
591; V. 23, p. 560.)
Western A Atlantic—This road is owned by State
of Georgia, and leased at $300,000 per annum.
Lessees have issued the income bonds. (V. 22, p.
136.»
Westchester A Philadelphia.—Net earnings 1875-6,
Vicksburg A Meridian.—Net earnings year end¬
$143,652.
(V. 22, p. 304; V. 24, p. 6Z )
ing March 1, 1876, were $194,099. Coupons are paid
West Jersey—Gross earnings, 1876, $731,011: ex¬
2 per cent cash, balance scrip.
Coupons of July,
1874, and April, 1815, were passed.
(V. 20, p. 591; penses, $463,374; net, $267,6:36- Net profit above
interest and rentals, $83,668.
(V. 22, p. 232; V.
V. 21, p. 207; V. 23, p. n2.)
Wabash.—This is the Toledo Wabash & Western 24, d 249.)
West Wisconsin.—The company defaul'ed on inter¬
re-organized after the sale, June 10, 1876, under est due Jan. 1. 1875, and funded nine coupons from
consolidated gold mortgage of 18‘3. The scheme that date. The
following is from the official state¬
for funding coupons under new plan is in V.24, p.80.
ment: Since its organization the company has
Operations of Tol. W. A W. for four years com¬ issued $4,000,000 gold first mortgage laud grant
pared as follow's:
bonds, of which $3,815,500 are outstanding; $640,000
Gross
Net
Operating
earnings. Southern extension bonds, of which $370,000 are
expenses.
earnings.
$3,519,764
$714,450 held as collateral security by floating debt creditors;
1S75-6
$4,234,214
4,407,378
1,331,429 $2,500,000 seven per cent gold consolidated bonds,
5,7:38,807
1873
4,365,144
1,613,834 of which $1,471,000 are held as collateral to the float¬
1872
6,0: >8,978
3,776,828
1,959,&38 ing debt. The other debts of the company on Jan.
1871
5,736,666
(V. 23, p. 16, 63, 160, 301,
353, 379, 526, 549, 599,
616, 647; V. 2i, p. 40, 89, 275, 299, 495; V. 25, p. 64.)
Warren (X. J.).—Leased to Delaware, Lackaw anna
& Western at 7 per cent on stock and bonds. Net
earnings in 1875, $241,056.
Wallkill Valley.—Foreclosed under a
1, 1875, were as
follows: Bills payable, $1,080,921.
the company held
There are collaterals belonging to
for these, as follows: Southern
extension bonds,
$370,000; consolidated bonds,$1,471,000; and 200 cars;
Earnings, 1874,
other items of debt. $1,826,141.
$884,920; operating expenses, $697,107; netearnings,
second mort¬ $187,812. ( V. 20, p. 77, 291,314; V, 21 p. 396; V. 22,
p. 521; V. 23. p. 304, 339, 472; V. 24, p. 543; V. 25, p.
41.)
Western Alabama.—Sold in foreclosure, April 19,
1875, and bought by Central Ga. and Georgia Rail¬
Washington City, Virginia Midland A Great. South¬ roads.
(V. 20, p. 398, 405, 445.)
ern.—Gross earnings year ending Sept. 30, 1875,
gage November, 1875.
June 5, 1877. (V. 21, p.
p. 347, 370, 543.)
Sold under first mortgage,
442; V. 22, p. 42, 209; V. 24,
i
Deo., 1876
Aug., 1888
1890
Aug. 1, 1882
Nov. 1, 1878
Nov. 1, 1878
May 1, 1893
May, 1883
Feb., 1907
York, Office of Co.
do
do
Aug., 1889
A O. N.Y., Del.,
do
A O.
do
A 8.
*
Overdue.
Jau.
....
A.
A.
M.
A.
1, 1883
Jan, 1, 18$9
Nov. 1, 1889
Aug, 1, 1878
....
400,000
1,000,000
1.000,000
750,000
600,000
1887
April, 1896
A
A
A
A
A
A
F. A A.
7
7 g.
1,359,750
920,000
Whom.
A J. London, H.S. King A Co.
Baltimore.
J. A D. Boston, E. Blake A Co.
J. A J. Boston,Nat.Bk.of Redm
J. A J. Boston, Globe Nat. Bk.
M. A N. Boston,Nat.Bk of Redm
do
do
J. A D.
do
do
M. A N.
do
do
J. A J.
do
do
M. A N.
Boston, Office.
A. A O.
do
do
J. A J.
do
do
J. A J.
do
do
J. A J.
J. A J. Phila , Girard Nat. B’k.
do
do
J. A J.
J. A J. Phila,, Girard Nat. B’k.
do
do
A. A O.
do
do
J. A J.
N. Y., Office of Co.
F. A A.
do
do
F. A A.
do
do
F. A A.
M. A N. N. Y., Metropolitan B’k.
do
do
F. A A.
do
do
M. A N.
do
do
M. A N.
do
do
M. A N.
do
do
M. A N.
6
6 A 8
8
'
1,000
Stooks—La«t
Dividend.
Payable, and by
....
640,000
1,000
J.
J.
7
7
7
1,650,000
1,500,000
%
M.
F.
A.
J.
J.
J.
3*2
700,000
2,602,539
1,200,000
654,000
Bonds—Princi¬
....
....
1,800,000
750,000
600,000
100
Where
Tables.
....
4
8
7
7
7
8
7
8
2*o
6
7
7 7
7
7
7
8
7
7
7
7
7
7
7
7
7
7
7
550,000
200,000
150,000
717,500
850,000
145,000
1,162,700
217,400
900,000
g-
7
7
7 g.
2,860,000
1,000
g.
6 g.
3
1,508,600
100
100 Ac.
500
g.
•
187T.]
pal, When Dne.
A. A O. New York and Boston.
A. & O. London, L. & S. Fr. Bk.
M. & N. N. Y., Company’s Office.
U.8. Treas., at maturity.
Q.—J. Phila. and N. Y. Offices.
M. A S.
Philadelphia, Office.
do
do
A. A O.
London.
M. A S.
do
M. A S.
Philadelphia.
F. A A.
Due 90 days after demand.
London.
F. A A.
Philadelphia Office.
F. A A.
Princeton. N. J.
J. A D.
7
444,100
1,000
g.
When
Payable
(3
1,500,000
1,500,000
2,500,000
1873
6
6
6
6
6
7
6
6
6
6
500,000
3,000,000
116
A W. P.)
consolidation
and Ga. RR. AB. Co.
Western (Ala.)—1st mortgage (Mont.
Western RR. bonds, before
2d mort.. guar, by Cent, of Ga.
eneral balance sheet nor income account.
ends at 6 per cent per year were begun
nd increased to 8 per cent October, 1675. The
rnited States Attorney-General has a suit pending
336
65*2
1867
1873
1871
60
38
63
172
32
204
138
& Amboy..
1st mortgage loan
1st
do
consolidated
West Wisconsin—1st mort., gold, s. fd., 1. gi\,
1st mortgage, gold extension, coupon or
Consol, bonds, gold
Western d Atlantic (Ga)—Income Bonds
18(35
1869
1872
1866
1866
1866
1866
1871
1853
1853
1863
1865
1862
1858
1858
1859
1863
1867
1869
1855
1870
1875
1871
1871
1855
1858
1860
18
18
18
35
310
stock
Jersey—Stock
Loan of 1883, guaranteed by Camden
West
jrm
.
5,000,000
450,000
100,000
1,000,000
1,770,720
200,000
912,000
1,500,000
3,000,000
3,000,000
1,500,000
.
New Wabash mortgage
Warren (X.J.)— Stock
2d mortgage
1st consol, mortgage
a
1,000
500
500
100
100
1866-9 500
100
1867
Wabash—1st mortgage (Toledo A Illinois)
1st mortgage (Lake Erie, Wabash A St. Louis) —
1st mortgage (Great Western of 1859)
>r
1,000
1871
1871
1866
1866
Central
-
866^000
73
Canada—Stock
2d mortgage,
(37
sterling
Elmira—1st mortgage,
1868
1871
1872
1873
2*2
497,310
100
75
75
Utica d Black River— Stock
Utica, Ithaca d
Valley (Pa.)
1,000
‘
1862
1868
1868
1870
7
8 g.
*> g6
1,600,000
19,890,400
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
1,700,000
2d loan (now 1st), plain
3d loan due State of N. J
Utah Central—1st mortgage,
£200
1,000
1,000
«
do
do
Rate per
Cent.
$7,404,000
2,229,000;
1,600,000
100
1871
1871
3 871
1871
1871
1871
1834-7
sterl’g, s. fd. (£138,500).
plain bonds
N. J. RR. A T. Co.,
Amount
Outstanding
$1,000
’66-7-8
Joint Co.’s mortgage,
do
do
do
notlee of any
error discovered In these
INTEREST OR DIVIDENDS.
'
acres
Union Pacific, Central Branch—1st mort.,
—
2d mortgage (government subsidy)
United N. J. Eli. d Canal Companies—Stock
General mortgage, gold, coupon
United Co.’s mortgage, sinking fund, registered..
do
do
do
do
giving Immediate
Miles
Jolt 28,
AND BONDS.
BAILROAD STOCKS
xxv in
i ?
jaw
RAILROAD, CANAL AND MISCELLANEOUS STOCKS AND BONDS.
28, 1877 ]
8abi«riber« will coulter
great favor
m,
t»jr giving immediate notice of any error discovered In these Tables.
DESCRIPTION*
I>ate
ion of column
baadings, &o., see nc
page of
attfce Headlof
of first page
of te
tables.
For
Bonds.
Western Maryland—lBtmort., endorsed Balt. City..
1st mortgage, unendorsed
2d
do
endorsed by Baltimore
do
2d
endorsed by Washington County
..
2d
3d
preferred mortgage* unendorsed
mortgage, guaranteed by Baltimore
4th.
do
for Baltimore City stock
Western Pennsylvania—1st mortgage
1st mortgage, Pittsburg Branch
:
General mortgage
„
Income bonds
Wilmington d5 Weldon—Stock
Sterling bonds
do
90
INTEREST OR DIVIDEND^.
Size,
or
Par
Value.
1858
90
90
90
1807.
90
1868
90
1870
1,000
90
57
28
1872
1863
1865
500 Ac.
100 Ac.
*4
188
1870
1870
500 Ac.
1st
mortgage (originally $2,800,000)
Chesapeake A Oh to—Stock
Maryland loan, sinking fund
Guaranteed sterling loan
Bonds having next preference
1871
1873
1875
48
1874
14
14
1850
00
148
148
148
148
1858
1807
1809
1871
1873
1874
153
Consolidated mortgage .loan
Greenwood mortgage, registered
ifonongah eta Na vigation (To,—Stock
1st mortgage
1*802
103
103,
103
103
scrip dividend
Pennsylvan to—Stock
1st mortgage, interest guaranteed by Penn. RR
327
327
108
.
common
Preferred stock
1st mortgage, extended
2d mortgage
M ortgage
bonds
ear
loan
Boat and
ear
loan
1807
45
7
3
1*839
1,000
103,000
100
100
1,025,000
1,175,000
785,000
236,965
various.
Mortgage bonds (for $2,800,000)
187-1
largely
i*,o*6o
1,148,000
200,000
|
‘
756,650
7
r-r
4
1 3-J
6 g.
,
15,000,000
4,000,000
1.740,000
1881
1886
1896
July 1, 1901
July 1, 1876
1881 A 1887
April 1, 1893
Feb. 1, 1896
April, 1877
April 1, 1894
June, 1873
July, 1886
18*70
London.
Balt., A. Brown A Sons.
1890
Philadelphia, Office,
J.
a. N.
n.
J.
do
.
do
Y., Bk. of Commerce.
do
do
do
do
do
do
Q-M.
Philadelphia, Office,
1885
Feb. 4,1877
July 1,1978
Aug. 1.1876
1877
1834
1891
April, 1878
1894
Sept. 2, 1876
1894
1884
i
j F. A A.
! A.
1897
1897
1877
1882
June 1,1911
1892
July, 1876
July 1,1887
Feb. 4, 1877
Feb. 4,1877
Oct.Vi885
A O. Lch.Val.RK. Co.,Phila.
do
do
F. A A.
|
J. A J.
Philadelphia, Office,
do
do
do
do
do
do
do
do
sc
6
6
6
6
6
325,310
250,000
3,000,000
1,500.000
Deo., 1876
Balt., A. Brown A Sons.
M. A 8.
do
do
do
6
do
; Q-J.
6
do
do
Q-f.
do
6 g. J. A D.
do
J. A D.
6
do
do
6
J. A D.
do
do
7 ' J. A 1).
Philadelphia, Office,
F. A A.
do
do
J. A J.
4
Pittsburg, Office.
! J. A J. N. Y., N. Bk. of Com’rce.
If. a a. Leb. Val. RR. Co., Pliila
do
do
628,100
12,000,000
18,000,000
do
a j.
I A. A O. N. Y., office, 71 B’way.
I A. A O.
do
do
2,002,746
1,000,000
1,320,000
has more in progress, paid for out
since default.
(V. 20, p. 291, 571;
324; V. 23, p. 478.)
as¬
by the city of Biltimore, which has also
do
.
3,990.392
1,000
A A.
F. A A.
3,155.650 60c in sc'F. A A.
1,000
100
100
25
100
100
Philadelphia, Office,
!j.
.
1,709,380
85
American Express—stock
American Coal (Maryland)—Stoek
Atlantic & Pacific Telegraph- Stoek
Boston Water Power
If.
6
3,000,000
949,748 33c in
1,000
1872
|
4
4,480,405
1,000
50
IF.
103.164
various.
50
1,000
1,000
4
6
4
717,000
1841-4
Adeem* Express Company—Stock.
Western Maryland.—This company was
1,001,300
q- j.
iJ.<i-jA J.
A
a
a
A
Jan.. 1902
April 1, 1893
Jan. 1, 1896
New York, J. M. Pickrell May 1, 1900
Balt., Safe Deposit Co.
June, 1900
6
5
6
J.
762,779
50
do
do
do
A D.
J.
J.
Stocks—Last
Dividend.
do
do
A
Im.
2,000,000
41,550
1,115,000
do
Philadelphia, Office,
J.
J.
/
Bonds—Princi¬
pal, When Due.
Balt., N. Mechanics’ B’k Jan. 1, 1890
do
do
Jan. 1, 1890
do
do
Jan., 1890
Hagerstown.
Jan., 1890
Balt., N. Mechanics’ B’k
Jan-, 1895
do
do
Jan., 1900
3
6
rr
4.658.500
1,000
1859
bondsof 1872
Union— 1st mortgage
1U I *€EL LA N EO US
sisted
1,000
1,000
1,000
1,000
1,000
50
50
1804
;
j
.
Maryland loan, 2d mortgage
j;
Susquehanna Canal, common bonds, 3d mort:
1
do
pref., 3d. T. W. priority b’ds..
do
1805
1809
1870
1803
£ Hsquehgnna—Stock
800,000
20,000,000 !
1,500,000 !
3,500,000 !
5,000,000 j
372,000 !
4,744,000 !
10,448,550
771,000
5,381,963
1870
j
Improvement, bonds
Boat and
1,000
50
1872
1871
1872
(for $1,000,000)
1,633,350 I
1,000
1,000
1,000
1,000
1,000
Loan extension, convertible till December, 1877.
t
50
Whom.
6
6 A 7
1.880.800
1,997,872
8,229,594
2,000,000
50
Vario’s
100
Loan
Schuylldll Navigation—Stock,
500 Ac.
Where Payable, and by
J. A D.
J. A J.
London,
M. A N.
do
J. A J. N. Y., Nat. B’k Republic
J. & J.
Boston, Office.
J. & J.
Worcester, Office,
Various
do
do
A. A O. Bost., Globe Nat. Bank,
F. A A.
do
do
A. A O.
A. A O. Bost., Globe Nat. Bank.
Z*
400,000
900,305
700,500
A
A
A
A
&
A
A
&
&
M. A*
J. A
6 g.
1.699.500
Morris—Stock, consolidated
J.
J.
J.
J.
J.
J.
J.
A.
J.
Vjl*
250,000
48
UO
Debentures of 1878
Mortgage loan of 1894, coup aud l og
Lehigh Coal A Navigation—Stock
Loan, conv., coup., gold (assumed L. A W. Coal Co)
1st mortgage, registered.
1st mortgage, registered, railroad
Mort. loan, g. ($2,310,000 assumedC. RR. of N.
J.)
Payable
7
4,375,000
do
do
New mortgage
Boat loan
Preferred stock
1,000,000
800,000
1,000,000
1,200,000
350,000
3,200,000
4.618.500
1.789.800
350,000
‘ioo
:
Delaware A II udson—Stook
1st mortgage, registered
Preferred stock..
6
6
6
6
6
6
6
6
6
7
8
When
r
221,400
719,000
25
Delaware Division—Stock
1st mortgage
do
do
$200,000
600,000
Sinking fund bonds, gold
CAMAL.
Chesapeake A Delate are—Stock
Cen
1,456,200
648,700
181
Wisconsin Central—1st mortgage, gold, land grant.
Worcester A Nash an—Stock
BondB ($125,000 are 7 per cents)
Bonds
Bonds
Nashua
Rochester—Stock
do
do
1st m., guar. (Tor $700,0001
Outstanding
300,000
300,000
000,000
875,000
ioo
181
do
Amount
400,000
**
WUliawston A Tarboro—1st mortg.n e
Wilmington, Columbia A Augusta 1st mortgage...
rrir
Q.-M.
J.
J.
M.
M.
M.
A
A
A
A
A
J.
J.
N.
N.
N.
J.
J.
J.
J.
M.
A
A
A
A
A
J.
J.
J.
J.
N.
Q.-M.
1 L>
4
io
J. A J.
M. A S.
-
do
do
do
do
do
do
do
do
Pliila. and Baltimore.
*
do
do
do
do
do
do
Philadelphia, Office.
N.
Y., Company’s Office,
do
do
Feb., 1889
July, ioio
Aug. 1, 1876
Aug. 1,1876
March, 1897
1882 to 1907
1895
May, 1880
May, 1913
May, 1915
Jan.,
i885
Jan. 1,1878
Jan., 1894
Jan., 1902
May 1,1883
Mar. 1, 1877
New York, Office.
July 2, 1877
Mar. 10, 1876
Boston, Office,
Nov. 12, 1872
do
June, 1884
1872
s.
7
of bond s<de*
V. 21, p. *245,
J. A D.
Monongahela Navigation Company.—Receipts.
1575, $196,576; expenses, $80,467; dividends, $90,887.
bought its overdue coupons. The only bonds re¬
maining in default for interest to their holders were
Morris.—Leased April, 18T0, to Lehigh Valley Rail¬
the second preferred unendorsed and on those
road for 999 years.
The lessees assume bonds and
Worcester
A
Nashua.—Guarantees
the
stock
and
payment was made of coupons due July, 1873,
bonds of Nashua A Rochester, leased.
and January, 1874, in January, 1877.
(V. 21, p. scrip, and pay 10 per cent per annom on preferred
In July, 1877,
stock, and 4 on consolidated stock. (V. 12, p. 714).
the interest due on unendorsed bouda was not paid.
599; V. 22, p. 545; V. 24, p. 158.)
Annual report for Inst fiscal year, to September
30, 1876. showed gross receipts, $311,902; expenses,
Pennsylvania Canal.—Worked in interest of.Penn.
RR. which guarantees interest on bonds. An old
$215,556; net receipts, $96^346. In a recently-pub¬
CANAL.
lished circnlar is a statement of the earnings of the •
mortgage of *90,000 is due in 1887. Gross receipts
road for the first eight months of the present fiscal
1875, $444,639; payments, including interest, &c.a
Chesapeake A Dela ware.—Delaware City t.o Chesa¬ $438,997.
year, giving the figures at $198,420, against $87,365
m tne eight months
beginniug 1st October, 1869. peake City, Md. (V. 18, p 582).
Upon this basis the earnings for the full year would
Schuylkill. Navigation Company—Leased, from
be about $300,000. Estimating the expenses at 66
Chesapeake A Ohio.—Gross receipts. 1875, $473,218, June 1, 1870, to Philadelphia & Reading for 999
per cent (as in the previous year), ihe net earnings
net, $251,175. Paid on bonds, $2i3,940. (V. 24, p. years, at annual rent of $655,000, including certain
will t mount to about $100,000. (V. 22, p. 207;
real and personal property conveyed to Philadelobia
V.
369.)
23, p. 498; V. 25, p.41,)
& Reading.
(Last annual report in V. 22, p. 493 )
Western
lessee,
Pennsylvania.—The Pennsylvania RR.,
$972,650 stock out of the total amount
of $1,022,453. $148,000 of branch bonds, and i.V. of
$1,200,000 general mortgage bonds; net earnings
1875, $182,059. (V. 22, p. 206.)
owns
Wil’iamston A Tarboro.—Road in progress.
information.
recent finanoial
No
Wilmington Columbia A Augusta.—Leases and
the Wil. & Weldon. In 1875-6 earnings
were $116,633 net.
There are cerlideates of indebt¬
edness for $336,000. \V. 22 p.15.)
operates
Wilmington A Weldon.—Leased December, 1872,
to Wilmington,
cent on stock.
Columbia & Augusta road at 7
Lessee
all liabilities.
22, p. 16)
assumes
earnings 1875-6, $*38,977.
(V.
per
Net
Wisconsin Central.
Defaulted July, 1875, and
nnded 9 coupons.
Has since built 72 miles, and
Delaware Div.—Leased to Leh gh Coal & Naviga¬
Co., at interest on bonds, und 8 per cent a year
on stock.
tion
Susquehanna A Tide Water.—Leased and operated
by Philadelphia & Reading Railroad for interest
bonds and half of net earnings.
on
'
Del. A Jludson Canal.—'This Co., which is among
the largest minefs and carriers of coal, leases the Alh.
& Susq. and Renss. & Sar. Railroads. Also endorses
bonds of N. Y. & Canada RR. The Annual report for
1876 is given at much lenuth in V. 24, p. 179.
(V.
22, p. 469; V. 23, p. 101, 303; V. 24, p. 179, 227,
444.)
Union Canal— Stock, $2,907,850.
MISCELLANEOUS,
Adams
suit
Express
Company.—A. reference to the
of Binsmore and others in V. 19, p. 270.
American Coal.—The report for 1876 showed gross
Lehigh Coal A Navigation.—Gross receipts in 1876,
$1,73-',004; expenses,int. and dividends, $1,724,390, receipts. *531,333; net, $25,399. (V. 22, p. 180; V.
excess of the former, $7,614.
The Central R.R. of 24, p. 248.)
N J. assumes (in purchase of equipment), $2,310,000
of the gold loan due 1897, leases the Lehigh & Sus¬
Atlantic A Pacific Telegraph.—Of this stock the
quehanna Rail Road, and operates the Lehigh Canal. Union Pacific Railroad holds $2,420,OK). Annual
The Lehigh & Wilkes-Barre Coal Co. assumes $500,
report V. 24. p. 395. (V. 23, p. 160, 525; V. 24, p.
000 of the gold loan due 1897, and $7i 1,000 (all) of the 158, 180, 299. 395, 420; V. 25, p. 16.)
convertible gold loan due 1894, and has also leased
*be coal lands of the Company. (V. 22, p. 27 9; V.
Boston Water Power Co.—Annual report in V. 24,
24, p. 247,445.)
p. 396. (V. 23, p. 183; V. 24, p. 111. 396.)
*
MISCELLANEOUS STOCKS AND BONDS,
XXX
Subscribers will confer a
great favor by
giving immediate notice of any error discovered In tbese Tables.
DESCRIPTION.
For
the
$25
$1,107,500
1873
1874
£200
578,000
1,000
923,000
783,000
600,000
10,250,000
387,000
363,000
137,000
498,000
500,000
4<X>,000
3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
7,620,000
mortgage (convertible)
mortgage, consolidated, convertible
•
•
•
•
1864
sinking fund
Mariposa Land & Mining Company—Stock.
1,000
100
1868
1,000
1871
1871
1,000
1,000
1,000
1874
1875
1873
1875
*
1875
'.
1876
...
1876
Bonds, coupon or registered (for $2,000,000)..
....
100
5,938,200
ioo
298,000
432,000
886,000
204,500
603,000
5,708,700
100
4,291,300
....
Petroleum—Stock
....
2d series
.
3d series.
4th series
sterling debenture, convertible
■
.
debenture
Quicksilver Mining Company—Common stock
....
Preferred stock
Mortgage bonds, gold
Telegraph—Guaranteed stock
....
Spring Mountain Coal—Stock, guar’d 7 p. c. byL. V. RR...
United States Exjmess—Stock
Wells, Fargo <£ Company Express—Stock
Western Union Telegraph—Stock
Real estate bonds, gold, sinking fund
Bonds, coup or reg., conv. till May, 1885, s. f. 1 p. c
Sterling bonds, coup, (sinking fund 1 percent, per annum)
Wilkcsbarre Coal—Strtek.
Canton Improvement Co..—The annual report
year ending May 31, 1877, is in V. 24, p. 613.
Of
ioo
2,000,000
1,000,000
2,500,000
."..
for
the
of Messrs.
....
1872
1875
1875
....
Cent:
100
1,500,000
7,000,000
5,000,000
33,787,475
1,000
1,000
1,498,000
3,988,000
£100 Ac
IOO
'
6 g.
6 g6
6 g.
:
2^
7
6
6
6
6
8
7
7
7
10
9
g.
g.
g.
M.
A.
J.
M.
J.
g.
J. A J. Lond.,J.
J.
10
1
A
A
A
A
A
A
and by
.
Q.-F.
....
.
....
.
...
1^
7
...
3
7
5
7
S.Morgan A Co.
St. Louis.
Boston.
J.
....
Stocks—Last
Dividend.
1904
1904
Jan.. 1,
Jan. 1,
....
1900
1877
Jan. 2,
Jan., 1885
Jan. 1, 1897
1879
Feb., 1879
Oct. 15, 1875
Nov., 1893
1900
July 1, 1901
Mar. 1, 1886
....
1, 1888
Jan.
....
May 1, 1877
.
.
.
.
....
Jan. 1, 1886
Jan. 31, 1876
In 5 years.
Various New York and London.
St. Louis.
J.
A J.
•
New York.
-
•••*•-
....
...
M. A
8.
Q.-F.
F. A A.
N. Y., Ill
do
Broadway.
do
Sept., 1869
March, 1886
Teh. 1, 1877
Aug. 1, 4881
.
....
....
....
....
6
2
8
8
8
7 g7
Q.-J.
Q.-F.
M.
F.
F.
A.
A.
1,001,160
3.400,000
Morgan and Humphreys, trustees.
7 g.
2*2
3*2
2
4
A
A
A
A
A
1893
Jan. 20, 1877
York, Office.
Y., Farm L. A T. Co. May 15, 1877
do
do
May 15, 1881
Feb. 15, 1837
do
do
do
do
Aug. 15, 1892
do
do
April 1,1885
Oct. 15, 1878
do
do
New
N.
N.
A.
A.
O.
0.
—
....
....
J. A J. N. Y., Company’s Office.
1879
A. A O. N.Y., West. Union Tel.
April, 1877
J. A D. N. Y., Company’s Office. June 11, 1877
Nov. 15, 1876
New York, Office.
New York, Office.
J. A J.
July 16, 1877
New York, Office.
Q.-J.
July 14,1877
M. A N. N. Y., Union Trust Co.
May, 1902
M. A N. N. Y., Treasurer’s Office
May, 1900
M. A S. London, Morton, R. A Co Maroh 1,1900
M. A N.
Philadelphia.
....
1*2
7 g.
rr
9
6 g*
5
......
stock and
(V.
bonds admitted
Feb., 1877.
'
on
Where Payable,
Whom.
J. London, Brown, S. A Co
J. New York or London.
J.
N.
London.
S. N.Y.,Co.’s Office, 71 B’y.
do
J.
do
do
J.
do
J.
do
do
do
A.
do
New York, Office.
O.
N. N. Y., at Ill. Cent. RR.
O. New York aud London.
J.
do
do
8.
do
do
St. Louis.
J.
A
A
A
A
A
A
A
A
A
A. A
Marijioca Land & Mining Co.—Assessments made
the shares from time to time, tiie last due Feb.
17, 1377. (V. 23, p. 112, 329; V. 24, p. 128.)
Maryland Coa'—Balance sheet, V. 24, p. 226.
Pacific Mail Steamship Co.— A reference to the
694; liabilities, $165,009.
Consolidation Coal.—Annual report for 1876 in V. pages here referred to is necessary to get any defi¬
nite information.
See V. 22, p. 543. (V. 22, p.
24. p. 218, showing gross receipts. $1,924,255; ex- |
42, 257, 281, 305, 368, 513, 5 4 3, 591; V. 24, p. 32S,
penses, $1 ,416,156; net, $508,09). Consol, mortgage j
bonds are held to retire old bond-*. Guarantees also J 517.)
bonds of the Cumberland & Penn., and assumes [
Pennsylvania Coal.—This company operates a
$135,000 Un. Mining Co. bonds. (V. 22, n. ‘179, 415, l gravity railroad of 47 miles connecting its coal
mines with its Branch of 16 miles, from Hawley to
471; V. 23. p. 207; V. 24, p. 181, 226, 248.)
Illinois
St. Lov's Bridge.—Interest passed July, Lackawaxen, which is leased to Erie Railway Co.
Pennsylvania Anthracite Coal.—This Company’s
1875. TTie Bridge and Tunnel Railroad are in hands .
J.
J.
J.
M.
M.
J.
J.
J.
F.
20, p. 544; V. 21, p. 349; V. 23, p. 14.)
$2,500,000 mortgage $600,000 is reserved to pay ster¬
ling loan. The Company owns the stock of the
Union Railroad Company and guarantees its bonds.
(V. 22, p. 613; V. 24 p. 613.)
Cary Immovement Co.—Assets April, 1S75, $298,-
Payable
pal, when Due.
j
400,000
948,000
25
50
100
100
When
Rate peri
481,500
1861
bonds
Pennsylvania Anthracite Coal—Stock
1st mortgage bonds
1st mortgage
Producers' Consolidated Land <£
Pullman Palace Car—Stock
100
500 Ac.
100
100
1,000
50
.
Pennsylvania Coal—Stock
5,000,000
CO
4,400,000
1,695,000
10,000,000
20,000,000
(?)
5,000,000
1,000
....
bonds
10,000,000
100
....
Mortgage bonds (lor $500,000)
1,000
£200
ioo
....
Preferred stock
Southern <£ Atlantic
1,000
1,000
....
Dunleith & Dubuque, Bridge—Bonds
Illinois A- St. Louis Bridge— 1st mortgage coupon, s. fund..
2d mortgage, coupon
3d mortgage, coupon.
4 th mortgage
St. Louis Tunnel RR.—1st mortgage sterling, sink. fund.
do
do
2d mortgage
Iowa Jilt. Land Co.—Stock
Bonds,
Bonds,
Bonds,
Bonds,
Bonds,
500 Ac.
500 Ac.
100
....
1872
1852
1869
Cumberland Coal and Iron—1st mortgage
do
2d mortgage
do
Cumberland Coal A Xron Companu—Stock
Meixantile Trust—Real estate 1st mortgage
Ontario Silver Mining—Stock
Pacific Mail Steamship Company—Stock
Amount
Outstanding
Company—Stock
Maryland Coal—Stock
or
Par
Value.
Sterling bonds (sinking fund one-fifth of land sales)
Mortgage bonds, gold sixes (for $2,500,000)
Union RR., 1st mold., end. C. Co. (s. f., rents on $220,163)
do 2d mort., g., end., (s. f. ground rents on $144,800)
Consolidation Coal of Maryland— Stock
1st
1st
Size,
of
Bonds
in«M'ELL A NEOU*—Continued.
Canton Improvement
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Date
explanation of column headings, Ac., see notes at
head of lirst page of tables.
[July 28, 1877.
to
N. Y. Stock Board
(V. 24, p. 112.)
Pullman Palace Car Company—Report in V. 23,
p. 402; last year in V. 21, p. 467.
Quicksilver Mining Company— Annual report for
l^To, with balance sheet, Ac., in V. 25, p. 16. (V.
22, p. 233, 303; V. 24, p. 507.)
Spring Mountain Coal Company—This is guar¬
anteed 7 per year till 1885 by Lehigh Valley RR.
United States Express.—New stock of $1,000,000
issued. (V. 22, p. 159; V. 28, p. 87.) *
Western Union Telegraph.—The company holds
$7,287,735 of its own stock, making the total
$41,073,410.
In May, 1876, purchased control of
Southern & Atlantic Company, and leased it. (V.
22, p. 136, 175. 182, 257, 368, ?6S, 591; V. 23, p. 63, 87,
101. 230, 330, 3 7 8 599; V. 24, p. 158, 250,495, 566.)
,
@FedFRASER