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nkBM ^ttptent
OF TIIK
COMMERCIAL AND FINANCIAl CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
[B'tered tecordlng to
Furnished Gratis to all Hnbucrlbers of the Chronicle.
Mt of Coagre.^. lu the year 18;», br W». B. Daka * Co.. In the offloe of the Ubnrtu of
NEW
JILY
YOllK,
INVESTORS' SUPPLEMENT
Coa«reie.
W-hUtton.
D. 0.1
29, 1876.
purchaser,
it
may
be
necessary for a community to defend
by taking advantage of legal techni-
itself against imposition,
or THE
avoid the payment of such obligations. But w'lere
not even an allegation of fraud, and the proceeds of
bonds are admitted to have been received and expended, it ia
calities to
Cnninitrrial nnh /inandal Cljrnniclf.
there
The Supplement i« isened on the last Saturday of each month, containing
a complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies.
It Is furnished without extra charge to all regular subscribers of
Chronicle; no single copies are sold at the office, aa a sufficient supply Is
printed for gubscribcrs on y.
Transient advertisements are Inserted at twenty-five cents per lino; advertisements by the quarter, six months or year, at special rates.
inconceivable that respectable municipalities ahould deliberately
repudiate their obligations, simply because a decision of court oa
a technical point of law enables them to do so. The effect of thia
Tm
U
is
must be
to
shake confidence
in municipal bonds and to lead
London to regard them somewhat aa
they would a real estate bond and mortgage, as to which there
must be a careful search of title, and examination of lawa and
capitalists in
New York
or
documents, before they can be pronounced good.
No fault is to be charged to the U.S. courts, for both the Supreme
and Circuit Courts have been steadily in favor of protecting innodown to
per cent and prinio commercial paper selling at 3 per cent bondholders, whenever a reasonable construction of law perIn the recent cases of Marcy t>#. Township
cent, there was every inducement for surplus funds to seek mitted them to do so.
of Oswego, Kansas, and Humboldt Township vt. Long et al., the
employment in the purchase of good securities.
The July disbursements for interest and dividends are estimat- t-upreme Court overrult-d technical objections to the payment of
ed at about $50,000,000, but as business is notoriously unprofit bonds, and took broad ground in favor of bona Jidt bondholders.
I.^VESTME^TS
JULY.
Iramediate'y after the opening of the month our money market
returned to its condition of extreme ease, and with call loans
H
In the first named case a statute of Kansas enacted that county
commissioners should order an election authorizing the issue of
a specified amount of bonds, wh-ch ehould not rtquire a levy of
more than 1 per cent on the taxable property of the township, to
pay the interest. Notwithstanding the importance of this condi-
ab;e this year, and income from securities is needed for living
expenses, it la fair lo assume that only a moderate proportion of the
amount disbursed has come back on the market for ra investment. The coupons on government and other bonds collected for
European account have generally been remitted for, and tbe
amount re invested Ins been small. Among our own people
the court held that the decision of the commissioner.') and the
the bond were conclusive, and it cmld not be shown on
trial th t the amount of bonds was too large.
The summary raya:
tion,
recital in
there has been a raarV-id inquiry for giverniuent bands, and the
number of small oia^rs received by the leading dealers from
individuals has not been exceeded at any semi-annual period for
" When legislstive autliority has been give i to a municipality to
subscribe
for the 80ck of a railroiid Company, and to issue municipul bonds in payment
of the enbscriplion, on the happening of some preccd nt condition of fact, aud
it may be gathired from the legislative enactment that the persons designated
to execute the bond were invcstid with power lo decide whether the contiaScncy had haiipcned, or whether the fact existed which «as a necessary preceent to any subwription or issue of the bonds, their decision is final iu a suit
by the bona tide holder of the bond* against the municipal ty, and a recital iu
the bonds ihat the requirements of the legislative act have been Ci^mpliedwitb,
some time
jast.
This indicates a caution on the part of puchasand an inclination to come down to lower rates of interest on
Kecurities considered so safe as governments.
Railroad bonds also imt with a pretty active demand in the
first half of the month, and prices of nearly all the best issues
Advanced materially. The good showing of Western railroads in
their reports of earnings for the first six mouths of this year
undoubtedly had an important effect in restoring confidence in
their bonds ,';y encouraging the idea that having survived tho
present hard times, they would in all probability earn hereafter
a considerable surplus above intf rest chart-es. The outlook for
ers,
is
In the latter case the same question of the valuation of taxable property in the township wa» involved, aud a defence also
interposed that tha election was held within less than the
required time after the order calling it, the C^urt holding aa to
both points that the deci.-ion of the Board of County Commissioners was final.
There was a'so involved in this suit of Long et al.
vs. Humboldt Township an interesting point as to the negotiability of bonds, which is referred to in the opinion as follows:
They are certificates of indebtedness to the railroad compiny, or bearer,
each for one thousand dollars, lawful monev of the United Slates, payable on
a day certain, with iliurest al the rate of seven percent, pi\able annually on
the first d^y of .January in each yuar, at a fpecilled binkiiig-house. on the
presentation and surrender of the respective interest conpous thereto annexed.
If this were all. there couid be no doubt of their complete negotlaljilily.
Bu'.
a fair railroad traffic is sufficiently favorable, except in regard to
the one point of the freight war among th» trunk lines, and
unless that is soon discontinued it appears tolcraHy certain that
some or all of the roads must suller severely.
The animus shown among the towns and counties of Missouri
aince the decision of the 1'. S. Supreme Court in G. \V. Ilartman vi. Bates County, is anything but satisfactory. There
m
a general disposition to avoid the payment of interest or prin
cipal of bonds where it can he done by taking advantage of a
The
w. rst feature of the businesi-
is in
'
the
fact that there seldom seems to be
any discussion as to whether
issued and paid for and the proceeds
the bonds were fairly
received and expended, but the question is limited to the sinale
point whether the bondholders can be beaten in a suit at law.
So far as the new.^paper reports have represented matters, it has
been a cause for aBtonisIiinent here, that so little opposition has
been raised to repudiation, either by the public press or by
honest and influential citizens in the several towns and counties
which have bonds outstanding. It is easily understood that
where bonds of a State, city, town, cr county have been issued
under circumstances of notorious fraud, or have been negotiated
in Bach a manner, or at such a price, aa to excite suspicion
in the
is said the subsequent language of the certlilcato cuntrols the absolute
promise, and ^hows that payment wjis to he ma le nn'y on a cont'n^ncy
This
IS argued fr
ihe recital CDUtaiiicd in the instrument and from what follows
it
We quote: "This hond Is issued for the purpose of 6ub«riblng to the
capital Slock of the F, rt Scott & .\llen County Railroad, and for the con-troctioii of the same through the said township, in pursuance uf aud In accordance
with an act of the Legislatu e of ihe Stateof Kansas, entit'ed ,\n act to enable
municipal townships to siihscribc for stock in any railroa I, and to provide for
the payment of the same, a|)proveil February iii, iH;0;' and for the payment of
tlie said sum o money and accniinj interest thenoii. in manner aforesaid, upon
the iicrformance of the said conditfon, the fal:h of the aforestiid Ilumbo'dt
town.'hip, as also its property, revenui,- and resources, Is pledged." Re'ylng
upon this c ause of Ihe ceitillc»le, the town-hip contends that the construction
or tlic railroad thronjih the township was a condition upon which the payment
was agreed to be made. We think, however, this i.s uoi the tru" construction
of Ihe contract, 'i h construction of the road as we!| as the suboription for
stock were mentioned in the recital as the reasons why Ihe towiiohip entered
into the contract, not as conditions upon which its perfoimaiicc was made to
de|>end. It was tur the piirixise of subscribing, and i-i aid hi llie construction
of the (oad, Ihat the bond was given. The words "upon the pcifonnancc of
the said condition." cannot then refer to anything mentioned in Ihe recital,
for there is no condition there. \ much more reasonable construction is that
t'ley refer to a former part of the bond, where I^ie ant.nal interest Is stipuhllcd
to he payable at a banker's "on iiie reseutation and surrender of the respective interest coupons." Such presentation and surrender is the only condition
mentioned in the Instrument. But Ihat stipti atioii presents no such contingoiu-y as destroys the negoiiabitity of the insiiuinent. It is whut is always
Implied in every piomissury note oi biil of exchi nge, that it is to be presented
and siirrenderea when paio.
it
is
legal technicality.
conclnsive."
i
i
.
. .
:
STOCK AND BOND TABLES.
NOTES.
week in
connection with the information concerning Investment matters, pal)Ilshco from week to
is furnished in the remarks at tbo foot of the tttblcs.
Annual reports are in black-faced flgnres.
Bccuritles is iniblishcd regularly in the Ciikonicle each month, as soon as the official "Debt State
aovcrnmeat
expreuly intended to
tho CiiuoMiCLE— to wliich an Index
Tliese tables ai'o
A full description of
ment" is
U.
S.
1>e
osed
in
issued.
Prices of all Stocks and Bonds are quoted weekly in the Chronicle.
Tho following will pive explanations of each column of the tables below
DeaeriptUm. Railroa<Is leased to others will often bo found under the les-toc's name. The following a))broviation8 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,"
end. for " endorsed."
Date of Jlomis.— Tim date of Issue on the face of tho bond is referred to in this colimin.
Miles of Road. Opposite Stocks, this means tho miles of rouU operated, on which tho earnings are based opposite bonds, the miles covered
—
—
;
by the mortgage.
Slse or Far Value.— These figures are dollars, showing tho denominations or par value. The figures " 100, &o.," signify $100 and larger.
Hate Per Cent.— The interest per anmim is given for bonds, but the per cent of last dividend for stocks a means gold x, extra », stock or scrip.
;
;
& J. stands for Jan. & July; F. & A., Feb. & Aug.; M. & 8., Marcli & Sept.; A. & O., April & Oct.;
& Dec; Q.—J., quarterly from January; Q.— F., quarterly from Feb.; Q.— M., quarterly from March.
TrA«u Payable.—J.
D.,
June
Bonds, principal when due ; Stocks, last dividend.
when the last dividend was paid on stocks,
—The date in this column shows the
pei'iod
when the principal
M.
;
& N., May & Nov.;
falls due of bonds, but the
J.
&
time
STATE SECURITIES
e»nfer a great favo- by glvlig immeatate notice of any error discovered In tUeiie Table*.
INTEREST.
Date of
Principal when
DESCRIPTIOX.
Size or
Amount
Due.
Bonds.
par
Outstanding
When
Where Payable and by
Rate.
For explanntioos see notes above.
Value.
Payable
Whom.
Wnb^erlbers
<ytll
Alabama—
State bonds, due in 1872 and extended
1872
1866
1866
1870
1866
1866
1867
1866
1868
1872
1873
1874
do
do
•
extended
do
Sterling bonds of 1850, extended
Sterling bonds, extended
do
do
do
do
Bonds of 186G
Bonds of 18G8
New 8 percent, loan of 1872
do
do
1873
Railroad substitution loan, gold (Act Apl.," 3)
Kducational funded debt
Direct loan to Montgomery & lOufaula RR.
1870
Direct loan to Alabama A; Chattanooga RR
1870
Railroad bond iudorsennsnts
1870 to '71
State certiticat<38 and Auditor's warrants.
$100&c.
100 &c.
100 Ac.
g.
5
473,800
688,000
64,800
82,500
648,000
877,700
500,000
650,000
185,000
g.
J.
&, J.
Treasurer's certificates dutstaudiug, Oct. 1,'74
Secured sinking fund bonds (Oct.-lJee., 1874)
1874
1869
1870
1870
1870
1870
8
M.
1,192,000
2,810,670
300,000
2,000,000
9,193,000
998,135
7g.
J.
J.
&
J.
do
3,050,000
1,400,000
2,123,080
300,000
6
J.
J.
&
&
J.
J.
N. Y., Union Trust Co.
8
500 &c.
1870 to '72
1873
500 &c.
Fimdcd debt bonds
of 1873
Connecticut—
War bonds, 10-20 year
1
20year
20year
do
do
do
do
10-30yc;ir
not taxable, 20 year
a
o
100 &c.
509,400
877,000
1,318,500
1861
1863
1804
1864
1865
«
2
>soS
|o g
"
1,000
1,000
1,000
t100 &c.
Columbia—
improvement, gold, coupon or rcg.
1872
500 &c.
Permanent
do
currcnc}'
1873
do
b'ds (U.S. guar.,Acts Junc,'71&Feb.,'75)
1874
50 &c.
Fund,
50 Ac.
Market bou.sc bonds, coupon
1872
water bonds, coupon
Potomac
1871 to '73
1,000
100 &c.
Washington funding, gold
1872
1828 to '68
....
Other Washington debt
Corporation ot Georgetown
J
Floricla—
State bonds
Consolidated gold bonds
Loan to Jacksonville, Pensacola
1871
1873
1870
J.
J.
J.
J.
A.
A.
J.
J.
F.
5,
900,000
3,600,000
2,098,000
1,880,000
307,500
1,100,000
500,000
7,545,900
1,500,000
7
Alalxima.—Thc commissioners, under law of Dec.
to ascertain, liqiiidiitu and ailjast. the legal
1, 1874,
of the State on its bonds, propose substantially that 30 year bonds, dated July 1, 1876,
bearing 'i per cent 'for 5 years, 3 per cent for next
B years, 4 per cent for next 10 year.^. and 5 per cent
for last 10 years, be excliangeil for old bond-,
without any allowance for past-due coupons. I'he
c09imissionera will be iu New York in Jnly. and
the cxcliJinge of old bonds may be made there till
November, and subsequently at Montgomery. Ala.
Chatt. endorsed bonds may also be exchanged at
Kii^ht per cents signed by G;>vernors
London.
Lindsay and Lewis can only be exchaui^od at Sfontgomcry. The State lias been in default since JanuThe value of all taxable property is given
ary, 1874.
at $160,003,000; tax rate, ',',i mils. The assessed
valuation of real estate in 18T5 was JSJ,Kil,2j2. (V.
liabilities
A
570, 531; V. il, p. -i'li, •iSU, 3.'2, 634,
2i, p. 39, 10)
p. 110, 15', -iOi, 551;
Arkartsas. Rate of taxation, 5 mills. Unfunded
debt is mostly held by U. S. The State is in default
By the last, assessment fur isra anil
f.ir interest.
1873 the total vaUiation of properly wa? $10l,«,":!,3«).
Interest was paid Jan. 1, 1876, on secured sinking
fluid bonds, issued under the. law of December, 1871,
im.
012; V. 3J,
20, p.
5.1'),
—
V
expenses.
A Board of Finance was
appointed in January, 1875. to confer with hondhclders of the S'-itc and ihcy issued a notice
as qnotcd in V 2), p. 161. See Chuonicle, V. 10,
p. T67, 189, 637; V. -0, p. 139, 16:; V. 2', p. 465,
to _pay
090.
York,
do
1889
1899
1900
do
1882
&,
&
&
&
&
&
&
&
&
&
&
&
&
J.
New Y'ork, Latham, A. & Co.
1899
190O
1900
1900
April, 1900
N. Y., Union Trust Co.
do
do
do
do
Sacramento,
do
J.
J.
J.
do
do
do
do
do
188S
1885
1893
Ti-cnsiiry.
do
do
July, 1881
Jan., 1883
Jan., 1884
Hartford, Treasury.
J.
J.
J.
do
do
do
do
O.
O.
do
do
do
do
1894
1885
Oct.,
Oct.,
8
g.
6
7
7
<fe
&
&
&
&
J.
J.
A.
Y., Importers' & Tr. B'k.
do
do
& J.
& J.
F. & A. N. Y., Fourth National B'k.
do
do
J. & J.
Q.—J. N. Y., London or Frankfort
Not paid.
A. & O.
N. Y., Fourtli Nation.Tl B'k.
A. & O. N. Y., Fourth Nat. B.-mk.
J. & J. N. Y.. Fourth National Bk
Not paid.
J. & D.
.
6g.
Georgia—
Atlantic &
Bonds, act
Bonds, act
Bonds, act
Now
July 1,1891
N.Y., First National Bank.
July 1, 1891
do
do
Aug. 1, 1924
do
do
July 20, 1892
Washington, D. C.
J.
I.
7
Oct. 1, 1901 to '03
do
J.
J.
7
1892
6 g. VariousiNew York and Washington
Washington, D. C.
6, 7-3 Vai'ious
do
Q.-J.
6
Og-
7
3-65
350,000
884,500
4,000,000
Various.
Gulf Railroad bonds
500
of Mar. 12, 18(j() (West. Jc At. RR.)
1866
500 .fee.
of Sept., 1S70, goUl (int. quarteily)
1870
1,000
of Oct., '70, gold (Int. semi-annual)
1870
1,000
1872
B6nds, act of Jan. 18, '72
1873
250&0.
Bonds lor funding
1876
Bonds to fund coupons on endorsed bonds.
RR. end'som'ts(only $2,118,000 ackuowledg'd) 1870 to '71
i,6bo
1870
Brunswick & Albany Railroad direct IkuuIs.
J.
J.
6
6
6
6
6
5G8,.500
g.
eg.
1,741,100
1.000
1.000
& Mobile KR.
J.
B.
J.
A.
O.
A.
O.
A. <& O.
A.
O.
A.
O.
7
7
7
District of
4,000,000
677,300
13,743,050
152,400
476,000
1,812,300
1,235,824
252,317
J.
7
7
7
York.
do
do
do
do
N. Y., Union Trust Co.
10
j-
95,500
500,000
2,801,000
—
Soldiers' relief
Stat« capital bonds
New
3.
J.
j-
200,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
,fc
California
7
m
1,700,280
1,000
1,000
1,000
1,000
1,000
To Memphis Little Rock Railro.'vd
To Little Rock & Fort Smith Railroad
To Little Rock, Pine Bluffs & N. Orleans RR.
To Miss., Ouacliita & Red River Railroad
To Arkansas Central Railroad
May, 1892
May, 1886
May, 1886
June, 1890
1886
1886
1886
1886
1888
Jan., 1892
1893
1894
York.
do
do
London. Union Bank.
do
do
do
&
8
8
ArkansasFunding bonHaot 1869 and 1870
1869 to '70 1,000
Leveo bonds (or warrants)
1871
100 &e.
....
Old untuudcd debt, inchuling intorest
1838 to '39
Ten year boud.s for di^Jicieucics
1872
do (for$2,,'J00,0O0) ActMay20,'74
1875
....
do
New
&
&
&
&.
&
100 &c.
100 Ac.
1,000
1,000
1,000
5
& N.
& N.
A N.
June 1.
J. & J.
M.
M.
M.
5
5
5
$168,000
1,941,000
g.
Jan.
J.
J.
—
1878,
1«,
valuation of property, 1874, over *f)00,000,000. Tax
As the debt is now pracrate, 50 cents jxir $100.
Governor advises the
tically cr^tinguished, the
cancellation of the bsnds held in trust and
gmdual
ttie purchase of foreign se.nirities in their place.
(V. 19, p. 3 of advertisements; V. 19, p. 32.)
1903
'0, '80, '1,*8
July,
Oct.,
1886
1890
1892
April 1,1875 to '86
189. 477; V. 20, p. 839, 416;
435; V. 22 p. 131.
California. California finances appear to be in a
parlienlarly sonnd condition. The State holds in
trust for School and University funds the $500,000
Capitol bonds and *2,0B:3.000 of bonds 1873. Total
1,
July
1,
Dee..
1896
1890
P.
Connedicut.—The debt of Connecticut was all
for war purposes, and has been reduced
since 1866 from $10,00 i,0CO to the present Bgnres by
sinking fund pu''chascs. The l'-61 bonds are payable at pleasure since Jnly, 1871, and those of 1SB1
Assessed va iie of real and
since October, 1871.
personal property, $351,r8J,41i9; rate of taxation, 1
Supreme Court holds them unconstitutional. (V.
due Fetnuary, 1876, was not jiaid till March,
no appropriation was made by Cont^ess. The
amonut of 3-65 bonds iasncd to February were
interest
total
as above.
(V. 20, p. 83.
See alsoV.
19, p. 15, 61,
81,
p.4«6; V. 22, p. 158,233.)
OeiM-oia.—Xn June, 1S76, 8",0\000 bonds sold to
pay ov'enine coupons on recognized bonds of Macon
& "Drnuswick and North & South Itailroads. Tho
mill.
as
21, p. 63, 417,
Florida.— heas tlie sinkins; fund of $49,900, and .J.
and M. loan, the total debt is $l,lii9,r()0. Real
and personal property are valued about $35,000,000;
tax rate, 7 mills. The loin to J. P. & M. RR. is
secured by mortgage on road, and the question as to
the Sta c's obligation to the bondholders was before
the United States Supreme Court, aid decided in
December, 1876, (V. 21j p. 591), in favor of the
Slate; no interest has oeen paid on these bonds
for some years past, and a decision of the State
cre.'ited
District of Columbia— The total assessed valne
of taxalilo real c.-tato in 18".; wasS:n,45.',881. United
Stales Attorney-General Pierrepout rendered nn
opinion that the faith of tlie United Slates
tho
is pledijed for the i-ayment of interest on
.3.6.) bonds, bat conllietin'^ lc:?al opinions liave been
rendered as to the right of New York saviiics banks
to inveit in these, as government securities. The
V.
Sta'c Legislature declared void all the semi-annual
gold bonds of 1870 (|;l,88J,0Ofl). and $102,000
of the ouirturly bonds held by II. Clews & Co.:
the Bruiiswick & Albany bonds, $1,500,000 and all
railroad endorsements, except, §1,950,(0) lilacon tfc
Brunswick; $I9I.0M Ala. & Chatt.; 8340,001 No. ,Ss
So. Ga. and S;il.000 Memphis Branch. Assessed
value of property in 1874, $S73,0fiO,0Oii; iul875, $201,Macon & Brunswick
7.5.),854; rate of tax, four mills.
Railroad endorsement was declared valid by Legislature of 187 i. but the later issue of 860i',C0D was
declared void by tho Legislatue in 1875. Govemor'a
Jlessagc, V. 22, p. 87. ( V. 32, p. 440, 590, 614.)
;
:
;
|
i
I
;
'
I
.
STATE 8E0DBITIE8.
July 2>, 1876.]
Sabseriboni will eanfBr m arreat fkTor by (iTlnx tmiaedlBte notice ot anr err«r Mutoverti In ttaes* Tablaa.
DESCRIPTION.
Blzo or
flr8t
paKe ot
Amount
,iar
pa
Date of
Bonds.
For oxplanatlou see notes on
outstanding,
Vail
uluo.
tables.
Rate.
When
INTEBI«T.
Wbere payable and
PriDclnal
whan
\>f
TThl
llHiwis—
1847
InteroBt bonds, Inscribed stock
Refunded stock bonds
Nonnal University bonds
Thornton loan bonds
War
1,000
1,000
1,000
100 &c.
bon<l8
$921,060
280,000
23,000
80,000
142,300
J>k/ tana-
1873
Bonds, short loan
:
School fund bonds (nou-negotlablo)
6,000
910,000
*
ft
&
M.A
J. &
6
6
6
e
J.
748
'69, funding, Ac
for various State purposes
Military loan
18fll to '09
1861 to '09
1804 to '05
Bonds, I8G1 to
Bonds
Am. Exchange Bank.
Jan.,
J.
J.
do
do
do
do
Jan., 1880
Jan., 1880
Jan., 1880
8.
J.
Various
Various
New
N. Y., Donnoll, L.
101,175
889,000
346,000
6
7
7
J.
J.
A
A
500
]32,.500
6
J.
A: J.
1,000
1,000
1,000
578,000
303,000
578.000
792,500
114,700
80,000
87,000
6
8
Various
Various
M. AN.
M. A S.
lOOdio.
100 Ac.
do
do
do
do
July.
3,004,738
Kansas—
J. N. Y.,
York.
do
do
J.
J.
1870-78
A Co.
18S3to'M
du
do
1876 to -OO
1884 to IW
Loniitiana—
Bonds for relief of State Treasury
Bonds In aid of various railroads
Leveo bonds— Act 35 of 18(i5
do
Act 11.') of 18rt7
speoial— .Vet 32 of 1870
do
1853
-
Bon(ls funding coupons
to Boeuf & CVocodllo Navigation Co.
do
do
Issued to State Penitentiary
flo
to fund floating debt of Btato
do to Mlssiseiippl & Mexican Gulf Canal.,
do to Northern Louisiana & Texas KR. Co.
do school & souiinary, held by St. Treas..
do to N. Orleans, Mobile & Tex.iH RR
.
do
do
do
do
1866
18B7
1870
1860
1870
1869
1870
1869
1869
1857
1870
1871
1869
1874
500
100 Ac.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
N. O. Mob. & Chat. RR. bonds, end. by State.
Consolidated funded bonds
100 Ac.
Maitie
Civil loan bonds
1851 to '61 500 Ac.
] ^^
War loan bonds
1803
500 Ac.
i,
Bounty loan bonds
1863
1,000
f S*.?
—
.
do
do
Municipal war debt assumed
MarulatiH
Biiltiinorc & Ohio Railroad sterling
Che.siipeake & Ohio Canal sterling
Susiiuehanna & Tide Water Canal
Railroiuls and canals
Eastern Shore R;illroad
Baltimore & Susquehanna Railroad
Chesapeake A Ohio Canal
Baltiuinre & Susquehanna Railroad
Annapolis & Elkridge Railroad
Defense Bounty Ijoan
—
S»
JOS
500
100
1864
1808
1838
1838
1838
Illinois.
—The
debt hns been rapidly reduced of
late y^ars, nni. without tho addition of new loan?,
The Illinois Central
will soon bo extinguished.
1839
1837
18.39
1839
1868
1871
1872
1873
Railroad charter tax on eamino^ contributes over
"$iOO,OoO per year to the State revenue. The asse.»sment of ail property in 187.5 was Jil.{M.5,.5-2!t,8S«.
Municipalities In Ilhuois arc in some localities
heavily incumbered with debt Issued to railroads.
(V. 19, p. 15, 38, 5iJ6.)
/ndirtno.— There are also t139,aM) of war bonds.
There is & question as to Iho State's obligation to
pay the Wabash & Eric Canal debt. A reference
to the origin of that debt, aris-ing from the State's
compromise with the bondholders in l&tfi, will be
found in the Curonicle. V. 19, p. -W"!; see also p.
5W. A suit on the question was brought and decree
of sale obtamed (V. 21, p. 85; V. 22, p. I(M, 615). Taxable valuatloo, I8?5— real estate, $021,418,973; personal, $?3>,»«7,147; railroads, $i(!,436,9I9; corporations, $4.04'),503; tax rate, Ii< mills. A law permitting towns to is^ue bonds was passed in ISrs, the
main section being as follows:
—
four cents
of
100 Ac.
8
G
7
6
7-30
8
8
8
7
71,000
385,000
307,000
2,330,000
2,827,000
6
6
6
1,000
500
1,000
1,000
1,000
1,000
M.
Boston, BufTolk Bank,
F.
do
dft
do
do
Augusta and Boston.
6
6
6
A.
J.
J.
J.
A
A
A
A
1877-'78
March. 1883
Aug. 15, 1880
June, 1889
Oct., 1898
London, Baring Bros,
do
do
do
do
1800
1800
1869
1880 A 1890
1800
1800
1885
1890
1890
1875 4*93
1885 A -SO
April, 1882 to '87
Baltimore, State Agent,
do
do
do
do
do
do
do
do
3
6
Jan., 1914
Augusta and Boston.
J
J.
J
do
do
do
do
do
do
do
do
6
50,000
220,000
200 Ac.
5,-508,912
June, 1877
M.
May, 1880
J.
J.
July, 1876
July, 1877 to -78
July, 1883
Julv, 1883
.r.
5
g.
5
g.
5g.
5
5
g.
g.
t^5
£.">00
1,500,000
1,000
1 ,000
5,000
1.000
700,000
5
1,300,000
200,000
5
£200
3,599,024
1,000
1,000
1,000
£500
400,000
900,000
750,000
1,292.280
104,000
6
822,(KK)
e,
358,000
46,000
7
400,000
Boston, Treagnry.
A T>.
do
do
A N.
do
do
A J.
do
do
A J
do
do
A J.
do
do
J. A J
do
do
M. A N.
London, Baring Bros,
M. A N.
do
do
A J
do
do
A. A O.
Boston, Treasury.
A. A O.
Loudon, Baring Bros.
A. A O.
do
do
J. A J.
do
do
J. A J.
Boston, Treasury,
J. A
do
do
J. A J
do
A. A O.
do
do
do
J. A J
lAindon, Baring Bros.
J. A J.
Boston, Treasury.
J. A J
Bost<ui, Trcasuiy.
J. A J
M. A N.
do
do
London, McCaluionts.
A J
J.
J. A J. N. Y., Am. Exchange Bank.
do
do
J. A
do
do
M. A N
do
do
J. A J
.r.
1,424,000
£100
on
do
Various
6
600,000
888,000
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
500 Ac.
JSlOOAc
£200
£200 Ac
500 Ac.
do
A J. N. O., Ixiulslana Nat. Bank.
do
A J.
do
M. A 8. N. Y., Wlnslow, I* ACo.
M. AN
do
do
M. A S. N. C, I»uislana Nat. Bank.
A. A O. N. Y., Wlnslciw, L. A Co.
Various N. O., Citizens' Bank of Ij».
N. Y., Wlnslow, L. A Co.
J. A
A. A O.
J. A J
N. Y., Wtnslow, L. A Co.
.1.
454,361
May
N. Y., Wlnslow, L. AfCo.
A 8.
A A
6
J.* A D
A. A O.
6
A J
^«A
A J
t«- Quart'y
A. A O.
5
3.30,000
1900
1886
1907
1,
Marrh I, 187!V
1886 A '88
Jan. 1. 1800
March 1. 1900
Hay, 1010
1890
1900
1897
July 1, 1910
April, 1011
187-i to
.1.
8
9,30<i,«50
Jnly, 1893
do
do
J.
J.
•8
1.000
1,000
1,000
1,000
1858
1863
1865
1859
rate
53,000
184,000
70,000
2,500,000
875,000
435,000
156,615
31,069
269,000
528,785
298,435
62,015
3,333,583
225,000
Various.
I
Sainto Marie Canal bonds
200,fK)0
2,028,888
2,551,444
Deaf and Dumb Asylum jjoan
Maryland Hospital Loan, 10-15 years
Maryland State Loan
Massach uftelts—
Lunatic. Hospital (Western Massachusetts)...
1857
Buck Bay Land « Loan
1861 to '62
Union Fund Loan
1861
do
do
1862
do
1863
Coa.st Defense Loan
Bounty Fund I/oan
1863
1864
Bounty Fund Loan
do sterling
So
1864
War Loan, sterling
1869
Troy & GreeuUcUl Railrojid loan, sterling
1858 to '01
do
home
do
1801 to '03
sterling
do
do
1808
sterling
1871
do
do
sterling
do
do
1875
doling' bonds 1873 to '7
do
do
do
do
1875
do
1860
Southern Vermont Railroml T./oan
Norwich & Worcester Railroad I>oan
18.57
Boston, Hartford <fe Erie Railroad, sterling... 1868 to '69
1874
Harbor I^and Lnprovc.ncnt (.'>-20s)
1874
Danvers Lunatic Hospital
1875
Lunatic Hospital, Worcester
1875
Now State Prisons, sterlmg
Uichigau—
Renewal Ivoan Bonds
Two Million Loan
War Bounty Bonds
Ac.
Ac.
1,806,000
U
N. 0., Louisiana Nat. Bank.
do
do
1878
Varioua
5
g.
g.
g.
g.
6«.
?«•
5 g.
5
g-
May, 1804
Miiv, 1894
July, 1889
.1.
the dollar, nor bear a g-eati r
than eight per centnm per
interest
annum."
A similar law was p.assed for cotinties, which, referring to contracts that hive been made for public
liuildin^s, Ac. says that in counties where such
contracts have been so made, the board of commissioners of such counties are authorized to issue
bonds to an amount not exceeding one-half of one
per centum on the assos«eil valuation of thi? pro^urtv of (lucit county, in a.lditiou to any loan for said
purpose for which bonds may have been heretofore
Issued, negotiated and sjld. (Y. S2, p. 309.)
Vr(in«»«.— Kansas hns but a small State debt, but
the issues of muuicipal bonds have been large. An
extract from the State Auditor's report was given in
Tlie valuation of real and perV. 30, p. 14.
sonal property in 1875 was * 121, 5 (4,34 1; tax rate, 6
mills for State purposes and an avera;;e of 3.78 per
State funds hold $759,230 of
SlIK) for al purpotos.
thobondi. (V. 9 J, p. It.)
" Section i. Be it enactei bij the G^n^.ral Aisemijniinrx.a.—'VXvi fund'ng bill rassed Jan. 84. 1874,
bty of tfiA StaU of Indiana^ That any corpomted scaled the flebt down to i-O jx^r cent of the face value.
town in this State which shall have heretofore, by For coupons laoking on bonds funded, similar coupthe action of its Board of Trustees, commonced the ons are cut from the new bonds i>8'.tod; Interest on
erection of any put)lic buildings, to be used as a cousol bonds is paid in Xew York, hut no intermarket house, engine house or other ixtblic pur- est paid on bonds uiifundcti. These consols, were
poses, and shall not have the necessary moans with admitted to New York Stock Exchanec, May,
which to complete such building, on the p-assago of 18^0.
'The principal bonds not fundable are,
an ordinance authorizing th'i same by ttie Boanl of $in.O»D of RR. bonds; $l«.000scho I; $3(Jjnt>i)Mi-'fl.
Trustees of said incr)rporated town, is.-iuo the bond** A Mex. (iulf C.umI; $80,003 Boouf & Cr. Nav.;
of such town to an amount not exceeding in the $875,000 N. O. M. A Chat, endorsed; and $«.rit),)000
aggregate $10,000, in rtcuiominations of not less than N. O. Mob. A Texas. The same tax of I4.V mills,
$dO nor more thnn $500. and payable at any place in 1375 as in 1874 (In 1873 the rate was 21>f mills )
that may be designated in the bonds; the pri;icipal The total assessed value of real estate In IS'5 was
in not leps than one year nor more than ten years
$l,50..'y37.073; personal. $40,349,547;
of which New
after the date of such bond-", and the interest, Orleans had «93.463.Sli9 of real and $2o,118,fiai of
annually or semi-annually, as maybe therein pro- personal.
The sro^s rovenne in 1875 was $3,JHti,153
vided, to provide the moans with which to complete and exnouses $3,18^,707.
The $2,.50O,0Oa bonds to
pr.>vlded
that
such buildings;
such
bond-- N. O. Mob. A 'Texas Railroad have been declared
ihall not be sold at a price less than ninety- void by State 8u;.rome Court, but a re-hearing
1888 to '90
ISOO to '94
1882
1891
Jan. 1. 1895
July, 1891 to '94
Jnly. 1895
April, 1800
July, 1877
Oct..
.\pril,
April,
July,
.1.
A Jidy, lOOO
Julv, 1894
Julv, 1894
Jan.
May. 1895
1, 1895
Jan.
Julv. 1878
iTtiH A '83
.1
granted.
«:), Ilfl,
(V. SO, p. 78. »!. 478,
169,
-.iSI,
ti9,
MS,
61
May, 1890
Jnly, 1879
.551.
V.
Ml»; V. «I, p. IS.
Si, p. (it)
J/rtin^.— The sinking funds. Jrmunrv. 1978, retotal debt to a net aminmt o( $.5,int,6S8.
Valuation of total laxables in 1875, $2.5<(.000,00e;
tax rate, 5 mills. Oovirnor's message In V. U, p.
dnce the
62.
.Varjrfand.—The assessed valuation of property in
1875 was $4:.T,7V1.303, on which the rale nf taxation
In 187(i is 17Ji cents per $100; income from dividends
on railroad, canal and other stocks owned by the
State was $1.3.3.4!>1. The State has lanrely ml«ted
canals and railroads, and holds $4,787.2 <5 of stocks
and bonds of companies navin/ interest promptly.
loaviui onlv $5,010,582 or dcM without any offset:
the State also holds $22,55.5.188 in uiq>n<duclivc seOn two investincuts only, the Comptroller
curities.
says that the Stat has met no loss, vi/». the Balti-
more
A Ohio and the Colambla A
Port Deposit
rail-
roads.
Jfo«a«ft«»«W«.— Governor's message on (1 nances, V.
All Interest on the funded debt of
p. <IA.
Is
nild In coin.
The credit of
the State stands high In Lonlon and at heme.
During 1874 the debt was llirrcssed •V87.400.
The sinking funds In
and In 1S75, $4.500.iiOO.
.January. 1878, were S11.72.5.8f9. ThoIIoosae tunnel
has cost the State ovor $U,5Cia.noo. Keal estate
S3,
Massochnsetts
m
1R75. $I,31l.mi.3.'«;
personal,
Inbank shares. $.5iii).8l.5.1tt2; tax rate, 1-08
mills; deposits in savings bank«. $2:ir.8»8,9«3; corporation property (above .eal estate and machinery).
E. Railroad wa*
$S»,2I3.632. The loan to 11. 11.
secured by dcpuslt of $3,6) '.rOil "Berdell" mortgage
bonds, afterwards exch.anged for new stock. (V.
as.«es8ed
cliidiu!;
*
SO, p. 838, OSl;
.l/i<.-Ai7<in.—
V.
21, p.
few vcars.
and personal property,
In the last
rate
2V
«?; V. »,
p. 84
)
The debt has been
mills.
chase of bonds.
largely diminished
Asses.sed valnation of real
and tax
applied to pur-
1871-72, $i .30.000.000.
Snrplas revenue
(V. ao, p. I?9.)
is
.
:
I
STATE SECURITIES.
Subscribers will confer a (freat ta.vor
DESCKIPTION.
Btrlns Immediate notice of any error dlacovered In these Tablea.
bjr
Size or
Minnesota—
first page
outstanding.
1807
1863
1869
1873
1858
ill)
do
do
coupon
Bonds (not recognized)
—
State bonds
<Jons<)lidatod
bonds
Funding bonds
Renewal bonds,
Hannibal &
do
XeoadarState bonds
St.
1859 to '60
1854 to '59
1853 to '59
1857 to '66
1874
1875-6
1853 to '57
1874
l
Joseph Railroad.
do
renewal...
23<),000
Principal—When
tcipa]
Du
'ue.
Where Payable and by
Whom.
Payable
War loan, coupon bonds
do
do
Mnnioipal war loan
State bonds
—
401,000
104,000
392,000
504,000
2,161,000
1,000
1,000
100 &c.
100 &e.
"^^
1872
1873
1873
1874
Comptroller's bonds (by Rev. Slat's)
yorih Carofina —
RailroiMl and iuiprovement bonds, old
do
do
do
old
RR. and improv't bonds, new (not si)ecial tax)
do
do
do
do
do
do
do
do
do
do
Ort^on —
Bounty bonds
1875
1860
1856
Inclined plane loan
Coupon loan, April 2,
do
do
do
May 4
Kcgietercd loan, May 4
of April 19 ($35,000 are reg.)
f^tock loan of Feb. 2 (registereil)
Coupon loan
do
do
do
do
do
do
do
do
do
do
.
.
(registered)
(coupon)
,
(registered)
(registered)
(registered)
Agricultural College laud scrip.
Ml.tncsoUL.—KW the State bo ids are now held by
the permanent school fund. Miiini-sota is usually
clashed among the States which have avoided their
.obligations, in cjnsequcnce of her refusal to recognize the "State Railroad bonds" of 1858 to the
There seems to be a growing
fimo-.int of $'.2,^5,000.
feeling in the State that those bonds should be
ncknowledged. See Governor's Message, V. 2'2, p
6-1
Proper;y valuation, H75. taiS,8.V).7H. of which.
$4.%16a,487 was personal; lax, 21-10 mills. (V. 19.
p. 493; V. 23, J). 5«7.)
1S65,
5&0g.
g.
J.
J.
6
g-
.1.
6g.
J.
8
.1.
tig-
847,.500
,1.
.1.
6
g.
A.
5&6g.
6
6
6
600,884
4,072,040
2,400,000
6
6
6
26,500
200,000
7
1,000
1,000
1,000
1,000
1,000
50 Ac.
50 &c.
50
50
50
50
Ac.
Ac.
Ac.
Ac.
400,000
395,000
87,000
2,812,000
4,i5,.5O0
A.
A.
J.
A.
6
.1.
G
A.
6
A.
.T.
J.
J.
7
T.
J.
6g.
A.
5
J.
g.
4J2g. J.
5e:
273,000
88,350
?
7,521,3.50
^
G
6
5
6
7,369,000
90,400
9,231,8.50
723,9.50
%'
18.5:t...
.
.
.
i-'.
F.
F.
V.
V.
K.
K.
F.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
&
A
A
A
A
A
A
A
A
A
A
1W3
..
1874..
18 !5...
I'i76...
.
.
.
.
.
.
f3)7.319.155
3 12,5.52 314
431.28 ',378
l,.5;13,73n,907
1,509,930,16 i
1.641,379,410
1,692,533,071
1.750,698.918
1,963,.3C2,70J
State tax.
2«
4 S.3-8O
7 41-156
4.52,6 17,7.33
5 79-1*0
147,241.n35
437,102,315
6 !)5-100
418.6i)8.955
407,427, :iS9
'Ji
T!i
6
3 11-24
For the present fiscal ye.ir, 1875-6, the tax rate
of 3 11-24 mills reduces the rate of 1875 nearly onehalf; this' is part'y owing to the considerable
reduction in the Bounty debt, and the increase
of sinking fund resources.
It appears that the
value of real estate Oy local assessors in 1874 was
Jl, 753.6 18,!1!8, while the full value, ns estimated by
the Stat-3 assessors, was Si,168,.330,757. The Comptroller says the actual value should be adopted as
the basis of taxation. The total amount raised by
tax. State and local, in 1875, was $56,926,470, or 34
mills on the $1 of assessed valnation. In 1874, the
local debts of cities in New York State were $137,539,6.9; of counties, $10,685,264, and towns, *25,140,131..
(V. 19, p. :K0; V. 20, p. -28, tiO, 015; V. ii,
hardly more than
nominal.
ITttMiMhiri.— The debt of New Ilampshire
was created for war pnrooses, and is being rapidly
areduced. The Municipal loan of 1872 was issued to
cities and, towns, the proceeds to be usad in reducing
their several war debts, which the State thus asmimed. Total valuati^jn In 18.6, $3OO,0O0,0:O.
New
p.
63,
471.)
heavily
NorUi Cai'o/«/ia.— North Carolina
is
burdened with debt, in proportion to her ta-xable proiMjrty. A lengthy extract from the Treas-
—
New Jersey. The debt was created for war purposes. Of the first two classes of bonds the principal is oayable $100.00 per year. Valuation of real
-aud personal property in 1-375 $'jl2,7Gl,0Jl, against
State tax, 3X mills$619,097,9)3
was given in V. 20, p. 84. 1'otal
property was assessed in 1,S72 at 8123,507,628, a
low valnation. Interest is paid on bonds issued
to North Carolina Railroad ($2,803,000), as the
State holds $3,000.S0n stock and receives dividcnrls thereon. Other interest in default. A funding bill passed the Legislature March, 18T5. (Sec
urer's report
1
;
New
,
Commeree.
do
do
do
do
do
do
do
do
do
do
do
1883
1888
July, 1892
1878 to '88
1877 to '89
1889 to '90
1876 to '89
1876 to '87
1876
July, 1894
1895-6
1875 to '87
America,
do
S.
do
1881 and '82
March, 1887
J.
S.
J.
J.
Concord or Boston,
do
do
do
do
do
do
July, 1876 to '78
Sept., 1884 to '89
Jan., '93 to 1905
1879 to '80
J.
J.
J.
Trenton and Jersey City,
do
do
do
do
Jan., 1877 to '84
Jan., 1886 to '98
Jan., '97 to 1902
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
N. Y. Manhattan Bank.
Stat« Trejisury.
do
Albany.
N. Y., Mauliattau Bank.
Albany.
N. Y..Mauhattau Bank,
do
do
do
do
do
do
0.
At
J.
1893
Dec, 1877
Oct.,
July, 1887
1883
1891
1892
On demand.
J.in.
July
Oct.
York.
0.
J.
Ealeigli, Treasury.
J.
0.
J.
New
0.
0.
York.
J.
J.
J.
N. Y., Amei-ican Exch. B'k.
J.
J.
State Treasury.
0. Phlla., Farm.
do
do
do
do
do
do
do
do
do
do
do
J.
J.
A.
A.
A.
A.
A.
A.
A.
A.
do
do
A
to
to
to
to
'98
'98
'98
'98
Jan., 1900
Oct., 1898
Indefinite.
Oct., 1898
1898 to '99
do
do
do
1,
1,
1,
1888
1888
1888
1 888
do
do
do
do
do
0.
will.
July, 1878
At wUI.
do
do
do
do
New
1877
1877
April,
April,
do
'
Jan., 1870
July, 1881
Jan., 1887
1834
1880
April, 1S79
Meoh. B'ki
July, 1882
do
July, 1882
do
Aug., 1877
do
Aug., 1877
do
Aug., 1878
do
Feb., 1877
do
Feb., 1877 to '82
do
Feb., 1877 to '82
do
Fel)., 1877-1882
do
Feb., 1882-1892
do
do
Feb., 1882-1892
Harrisburg Treasury.
to 1871
$l,0<)7,.5«4,.534
1.1.58,.32',371
do
do
do
J. N. Y., Bank of
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
N, Y., B'k N.
J.
J.
do
500,000
Personal.
1877
1878
1879
1883 to 1903
Dec., 1887
Paul, Treasury,
do
do
do
Albany.
,J.
Real Estate.
1S55... .
1870... .
1871... 1873... ..
m
Forft.—There is also $63,000 contingent debt
to Lang Island Railroad, and $7,361 per annum for
.1.
J.
and from 1870
Year.
—
is
J.
Indian annuities. An abstract of the Governor's
in V. 33, p. 6t, showing a net
reduclTon of $3,741,505 in the debt for ye.ir ending
Sept. 30, 187.5. The following were valuations and
tax rate for Stat-J purposes iu the years 1859 and
i{u(so>iH. Valuation of real and psrsoaal property
in IsTo was $->49,50i,471, upon which the tax is 4>a
Railroad property wa-i assessed at #54,849mills.
313, as returned to County Courts; but at only
$19.8!il,14I, as returned to the State Auditor in
The State had gl 441,1)00 bonds maturinir
1375.
in isrs, and $4,907,000 in 1870.
To provide for
these, a law of 1H75 authorizes the sale of new bonds.
The Hannibal & St. Joseph liailroad provides for its
own debt. Bonds falling duo are paid in ciin-ency,
pursuant to a resolution of the Legislature, although
«ome of these bonds are payable by the-r terms iu
"gold or silver." (V. 80, p. 83. IHl, 290, .313, 338,
477; V. 21, p.2il; V. 23, p. 83, 5J!.)
Nevada
.1.
g.
St.
D.
Chronicle, V.
Message was given
.
.Vetiadit.— The debt of
7
7
6
6
1849
1852
1852
1832
1832
1833
1867
1887
1867
1867
1867
1867
1872
(.$28,000 are rcg.)
J.
J.
J.
4,302,600
2,000,000
60,443
isfo
—
6
6
6
473,000
....
Willamette Canal and Lock
J.
J.
100 &c.
100 &c.
100 &o.
18.)0
June, 1881
June, 188(5
do
do
6
6
880.000
1,562,900
I
100 &c.
100 &c.
A
&
&
A
A
A
&
A
&
A
A
A
A
A
A
A
A
M A
4,738,800
3,639,400
2,383,000
1,095,000
2,417,100
1,711,400
383,045
44,000
11,407,000
diio—
Regi.stered loan, payable after
M A
J.
c
J.
J.
J.
J.
Various
1,000
1,000
1866
1868
1887
1868
KegisU'red certificates of literary fund
PeiUteutiary bonds, act Aug. 24, 1868
Spoi'ial tax bouds
9I3
6
1,-537,887
=
1,000
1,000
FondinK bonds, since war
J.
9I3&IO
561,500
800,000
\
500 &c.
500 &c.
,1.
6
1,057,000
gia
M-8
J.
J.
J.
6
6
9,895,.5O0
(C-
0
,1.
&
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
900,000
900,900
593,400
S»
I
6
6
6
6
418,000
600,000
2,200,100
500,000
186J
100 &c.
do
do
do
1863
100 &c.
do
do
taxable
1864
100 &c.
Xew York—
Bounty loan bonds, coupon
1,000
do
do
reslstered stock
General f uiul debt — Astor stock
§1
l827to''32
do
do
do
deflclenoy loau
1848
do
do
do
do
1848
3 o
1875
IS" J
Art. 7, Sec. .3, of Constitution and Art. 7, See. 12.
(>
3,735,000
1,435,000
1,900,000
5,053,000
2,715,000
283,000
leo.ooo
800,000
J.
J.
J.
J.
J.
J.
J.
J.
6
6
6
2,745,000
AVic Jet'sey
War loan bonds, tax free
Under
6
6
2,727,000
1,000
1,000
,r.
J.
J.
J.
J.
7
439,000
1861
1864
1872
1873
—
Canal debt.
7
7
1871
1872
Territorial bonds
^eio Hampshire
7
7
2,275,000
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
18i)7 to '59
coup., 5-20s, <act Mcli. 20, '7f
$100,000
100,000
50,000
$1,000
1,000
1,000
1,000
1,000
1865 to '66
1868
1872
1874
1854 to '58
University and I.iinatic Asylum bonds
8tat« Bank stock retundiug
Bonds to Nortli Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds tol'latte County Railroad
Bonds to Iron Mountain Railroad
PaeiHe Railroad of Missouri
Soiitlivresteru Branch Pacific Railroad
rtiuisjilcania
When
i
do
iiittgotiri
Rate.
Value.
of tables.
Btate BullilluR Loan
*lo
<lo
Ra,iIroa<1
INTEREST,
Amount
par
Date of
Bouds.
For explnnatiiins sec notes on
[Julj 29, 1876.
.
20, p.
.3-36.)
In
New
York, bonds
are classitled thus: "Old," being those Issued prior
to May 1, I.S61, coupons on from Jan. '09; " N. C. R.
R." issue of *3,800,000 to that road, coups, on since
Jan. & April, '69; same "coup, off" have had 7
coups, paid; " funding act '66 cirry conps, Jan.,
'69;
"funding act" '68 carry coupons April,
'69. " New "—authorized bcf^ire war, except $1,500,000 in 1868; "Special tax. 1st." carry coup. April,
'69; " 2d " coup, of Oct. '69: " 3d " coup. April, 1870.
(V- 18, p. 165, 639; V. 20, p. S4, 161, 283; V. 21, p. 570.)
Ohio. —Ohio hjs a very small State debt, but
large loc:il debts, amounting in la75 to $'35,957,^.
Valuations in 1874 were : Real estate in cities, Ac,
$.366,031,731; other. $6116,88.3,333; personalty, $536,pH0,sl8.
Tax rate in 1875, 3 2-10 mills for State, and
an average of 35 9-10 mills for I. cal purposee. Of
the 1375 loan above 8868,230 was paid Jan. 1, 1876.
and the balance April 1. Report on State and local
debts, V. 23, p. 6i.
Oregon.— The debt is provided for by sinking
funds, payable from land sales.
Taxable property
1875 was assessed at $41,197,149;
mill tax
was laid for Relief bouds and 1 mill for Bounty
X
in
bonds.
Ptiin.ij/lcanl.i.—Totu\ debt Nov. .30, §23,238,137;
available assets. $9,468,572; net debt, 813,766.664.
The financial system is remarkable in Pennsylvania,
in tile fact that no tax is laid for State purposes on
Revenue is raised from numerous
real estatesources, principally from corporations. Taxes are
levied on personal property, which was assessed at
$159,382,243, and the tax was $574,817 in 1875. State
expenses have lately exceeded revenue, and sinking
fnnds have been diverted to meet the deficiency.
The State holds tl,751,:3-21 in stocks and $10,551,331
of railroad bouds. Interest is paid in gold on all tte
State debt issued prior to 1867. Any coupon bonds
may be changed to registered. The bonds dne in
1877 are payable at any time till 18S2; those of 1882
tUl 1893-
(V. 21, p. 137; V. 33, p. 64.)
—
. ..
.
STATE SECURITIES.
July 29, 1876,]
tU
Sabacrlbern will confer a great iavor hy sIvlaK Immedlale notlee ot anf arror 4l«c«Tered In tkcse Tablaa.
Date of
Size or
Amount
lH)UdS.
DESCRIPTION.
par
outstanding.
For explanations see notes on flrat page of tables.
Shotle Island
Wiir bond
value.
When
Rate.
Payable
South Carolina
1862
1863
1863
1864
$1,000
1,000
1,000
1,000
$1,010,000
205,000
668,000
746,000
Various
18.36 to '61 Various
1853 to '54
1,000
23,684
520,346
240,000
401,700
—
1704
State stock
State House stock
do
bonds
Fundins bonds and stock
Blue KldKC K:iili'oad bonds
Funding billH r«c(^ivablo
Pay inen't of inten'st
Funding bunk bills
Conversion bonds and stock
Loud commission btnids
1866
1854
1868
1868
1868
1869
1869 to '70
1838
1838
1869
1873
1873
Fire loan bonds, sterling
do
stock, domestic
Boa<l8— Relief State Treasury
Consolidated bonds, coup. (Funding act)
stock (Funding act)
do
Rollroad endorsements
Tennessee—
Now funding bonds, act of 1 873
Bonds n^glKfered, act of 1873
Fundable bonds and coup, not yet presented
lionUs, registcrablc, not presented
50,&c
1,000
1,000
1,000
6
6
6
Various
Various
A.
1874
1,000
1,000
Various
1.000
6,222,000
16,289,000
1,056,000
1,074,000
396,000
1862
1862
Wai- loan bonds, coupon
do
registered
—
—
not required to be funded
C03S01. (Act Mar. '71) coup, tax receivable
do
reg., conv. into coup.
do
(Act 1873) coup., not ro<'elvable
do
Bt»!rling,
do
do
reg.,
W
1851 to '66
1851 to '66
1851
1871
1871
1.S72
1872
1871
1871
Va.)
Deferred certificates
Interest on sterling debt, funded (.Vet 1871)
Arrears of Interest unpaid Sept. 30, 1875
(
.
1,000
1,000
1,000
1,000
100
Carolina.—The Governor's mcseajic on finances
Tile funding law approved Dec.
In V. 21, p. K5.
23, lSf78, provided for scaling down the old debt by
giving new bonds to Ihc extent of 50 per cent, and
declared void the conversion bonds to the amount
Tiie January, ISTC', interest was
of $5,965,000.
paid on consolidated bonds in April, 187B. Tho inin part. Total
terest doe in July was only i-ai
80.
do
do
do
A.
J.
J.
J.
J.
J.
.1.
J. <k J.
A. &. O.
J.
J.
J.
&
&
Tennessee. — On
mcnt
of
Interest
due January
1,
the
first
July,
1874,
the paj-
was resumed, and tbe interest
paid by help of a
li?75, was
but default again made July,
The Governor's letter in December, 1875,
on the llnancos, discouraged the expectation of
further payments soon, and suggested "fcaling."
Tho law paused in March, 1673, provided for
funding afl outstanding, legally issued bonds, due
between July 1, 1871, and July 1, 18S4, as well as
all past-due coupons, and coupons maturing on
loan of
$300,00.>,
1875.
1874, iu a 10-40 year 6 per cent
or before Jan. 1.
bond. The total debt given above is, substantially,
according to the last report of the Comptroller,
January, 1875. The Comptroller estimated debt of
solvent railroads at $3,888.8«6; due from purchasers
of railroads then sold, $n2,nc0; value of Knoxville
& Charleston road, $100,000. The State's endorseinentsfor railroads arc $l,80i,000. of which $1,660,000
A T. Co.
Aa«.,
1877 to '86
d»
do
J.
J.
do
do
Colunibln.
J.
J.
J.
&
&
&
J.
J.
&
&
J.
J.
N. Y., Fourth Nat. Bank,
J.
6
18M
At pleaaora.
New
London.
6
March, 1883
AprU, 1803
July, 1893
1871 to '80
York. July 1, 1887 to '97
(Columbia, Treasury.
July l,1875to'7»
Colombia and New York.
July 1, 1888
ilo
July 1, 1888
do
July 1, 1889
do
do
July 1, 1882
do
do
V-
6
144,000
168,000
5A
6
5, 514,
Columbia & Fts. Agen. N.T.
J
New York or Columbia.
J
do
do
&
J.
N. Y., Fourth Nat. Bank,
July
July
1,
1,
1868
1868
July
July
1,
1,
1803
1803
J,
5
6
Various N. Y., Bank of
do
J. & J.
6
10
l«7 g.
7
10
500&C
J
Vari's
g.
M.
J.
J.
J.
is
J.
J.
5
J.
J.
J.
•7,092,399
£100 Ac
2,331,'2.'>0
100,&c.
100,&c.
100,&c.
100,&c.
19,030.000
1,207,000
1,5(M,()75
1,166,093
15,239,370
212,833
1,199,804
Various
Various
taken care of by the roads.
do
do
&
Total valuation of
real estate, $48.1,000, (XM, and railroad property,
"The rate of taxation is 40 cents on the
$51 ,000.1100.
$100. Tennessee bonds, sold in New York as "old,"
are those issued before ISfi'i, and having coupons
of July, I'tiO; Old *'ex coupon," have only the
coupon of July. 187.5; "Now," issued since 18fW carrying coupon of July, 1809, " ex coupon" .July, 1875,
only; '"New Series,*' the new fundmg bonds. (V.
18, p. 143, il7. 3,'ifl, 497: V. 19. p. 167; V. 20, p. 1 (, 84,
1»1, 282, 491 ; V. 21, p. 87, 818, 614; V. 28, p. 472; V.
33. p. IS.j
Boston, N. B. Mut. Red'n.
Montpeller, Treasury.
New York.
Comptroller, In Febrnary,
funded debt $1,819,767; floating
debt, S."43,'37, and bonds of dou'itful validity
remaining in hands of State Treiii*nrer, $818,810.
State
I1ie valuation of taxable property iu 1875 was
Tax rate,
$850,8">3.759. against $84!, Ml, 88-1 in 1871.
50.
From the Comptroller's report we have the
following statistics for 1875:
Total vaino of taxable properly assessed. t2tO,858,7.!8
1.854854
Statetax
ViS.Sa
Pclltix
County taxes
Milc^ of UK. in the State as»"d for taxe^.
Value
(.f
1,959.1.^4
.
1
,4S"
$16,605,IJJ
railroads
Number
of acres of land assessed in tho
6fi,037,920
State
44.0t6,'J37
Value of lots assessed in the State
(V. 19, p. 15, 117. 142; V. •», p. 84; V. 48, p. 28 1 .)
—
—
Vermonf. This State has a very small debt all
created for war purposes. Of the registered bonds
The
$ia5500 are held for Agricultural College.
Blnkuig fund, Aug.
1.,
1874.
waa $8T.9S'a.
Various.
1877 and 1891
Jan.. 1884
1910
1892
Harob 1, 1904
1804
1878 to •78
1875 to '00
1886 to "OS
Richmond, Treasury.
Ix)ndon, Baring B.
& Co.
Richmond, Treasury.
do
do
do
At plcasnro
1886
1905
1905
Contingent
London, Baring B. &,C'-
1005
n/'j7inla.— The Fnnding act of 1871 provided
tha" coupons of the funded bonds should be receivable for State tuXw. For C-3 of the old bonds a
new bond was issned, and for the other ^-i a deferred
certiflcato given
Virginia).
The
(as
Ihe proporti(m duo by Wert
amended that of 1871 by
act of 18:2
not allowing coupons to be received for taxes. Ad
the nmonnts maiked (*) mav be funded under the
amended act of 18T'i. The sinking fund holds $2,446,All lutiTest
of State bond.s and certiflcates.
overdue and unpaid to Sept. 80, 1875, (on tbe basia
of 4 per cent.) was 81.19!»,864. A part of the Interest due July. 1S74, has been paid sintc Jan 1, 1$78.
98-f
valui! of property is $:i21t,134,l.f tax rate,
Co.,
The circular i>f .Messrs. Branch
18Trt. said: "The lK:.ii»laturc haa
adjonmcd, and no law In any way affecting Ihe
Assessed
TlKisM.— Tho
167B, reported totid
York,
do
do
do
do
do
do
do
do
do
S.
J.
A
& J.
& J.
& D.
& D.
A J.
& J.
& J
& J.
& J.
& J.
&. J.
& J.
i J.
New
1, lOli
1900
1900
1875 to 1900
July
18'75 to
6
I
of all proricrty— in 1875, real estate,
$88,171,818; personal, iJ8,VU1.008; rate of taxation
(V. SO, p. 84, 341, 2»1, 358, 517;
IS. mills.
in IS74,
V. 21, p. 489, til; V. 88, p. 40.)
valuation
H.
do
do
do
do
do
Columbia and
&O
& J
A.
Og.
I.
Columbia, State Treasury.
&
&
&
6g.
eg.
6g.
1,070,357
.
BfuxU Inland.— T^ie debt was all created for war
The
purposes and is being steadily diminished.
valuation of real and personal property iu 1873 was
$247,798,580, and tax rate i!0 cents on $100.
Providence, R.
J.
Q.-J.
Termont—
registered
8.
O.
^'
200,000
499,000
697,000
500,000
1,000,000
500,&o.
500,&c.
Various.
Various.
Various.
.
Yiralnia—
Old bonds, coupon
&
&.
&
&
3g.
177,000
261,000
370,500
648,300
22,000
481,944
218,423
10,000
3,670,000
149,254
500,&c.
500,&c.
U.
J.
F.
6
6S0,0<)0
.500,&c.
. .
'
due.
4,797,(i08
Held by K.T. University (not to be f midod)
Terns—
1866 & '71
Funding State debt
1874
Funding State waiTants, act May 2, 1874
1870
Frontier defense, gold, act August .5, 1870.
1872
Revenue deficiency l)ond9, act Dec. 2, 1871.
1874
Bonds, act Mar., 1874 (forpaying float'gdebt)
1874
Veteran Pension bonds, act Aug., '70 &Apl., '74
do
Princl pal— when
wuuni.
—
do
do
do
do
do
INTEREST.
Wbere psTSble and by
:
*
5 mills.
bankers. April,
bonds of the State has been passed, if we except a
claufo in the tax bill subjecting the ronpons cat
from bonds held by « non-re?idcnt of the State to
the same tax as hr.s heretofore been deducted from
coupons held by residents This tax amonnU to
81 70 on each conpon of $30. orllve and two flftbs
l)cr cent -the coupons being received ut !14'60per
cent of their par value In payment of taxes, 'i'ho
debt for nmney borrowed to meet
State is siiil
temporary deficiencies In the revenue; and the pay
mcnts to the sinking fund have been suspended, as
also Ihe pavments of interest of .Inly, 1874, on the
non-consolidiited debt. The t»ix bill includes some
additional snhjects of taxation, which will make a
smiill Increase in the revenue, but ;l is nt»w certain
that no ca'h payments will be made duting the
present year on account of interest, exci pt that the
small balance due on July, 1874, interest may ba
paid." Auditor's report, V. 21, p. 6(4. (V. r.', p.
895 508, 526, 688; V. SO, p 14, 806, 856, S7&. 547;
m
V.
21, p. 527. 604.)
,
CITY SECURITIES.
Till
Snbserlbera
vrlll
[July 29, 1876.
confer a sreat fkvor by giving Immedlata notice of nnj error tflaeoTered In ttaeee Tables.
DESCKIKTION.
flrst
Size or
par
outstanding.
page of tables
If. T.—
Albany & Nortbcm Railroad loau
INTEREST.
Where Payable and by
Whom.
Amount
Bouds.
For ezplnnationa see notes ou
Date of
Value.
Rate.
Prlucipal— When
Due.
Albany,
1854
1864
$1,000
1,000
1,000
1870
1,000
1,000
1870,1,2,4
Oty Impioveiueut
1871
1,000
JJow Po8t OHIee site
1874
1,000
Water stock
1851 & '52 1,000
Addltioual 8up))ly
1874
1,000
Bouds loaned to Albany & Susqiielianna RR
1805
1,000
do
Albany & W. Stockbrldgc RR.
1841
Relict of rtrafted meu
Purcluuso CoiiKi'CrtH llall Block
City iniproveuicut
WaHUliigtoii ra ik
18(56
Various.
1876
BfUhmorc —
ConHulidatcd loan of 1890
Varioiw.
Water loan
ConMoUdated bounty loan
Kxenipt bounty loan
Public parks (Druid Hill)
Pai'k improvcniout loau
Five million loan to Baltimore & Ohio RR.
One million loau to Pittsburgli & Cinoiu'ti RR
New City Hall
do
do
do
do
Cknisolidated loan
C^uirt house loan
Fundi ug loau
1870
1874
1872
1872
1873
1873
do
Western Marj'land Railroad
Jones' Falls
Valley Railroad
Patterson Park extension
Fudorsemeuts for York A Cumberland RR.
do
do Western Maryland RR
do
do Union Railroad
1854
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864
250 &c.
500 Ac,
2,000,000
100,000
7,300,546
5,000,000
2,211,068
410,353
555,566
185.733
5.000.000
1.000.000
1.000.000
1.000.000
500.000
891,646
137.414
800.000
2.000.000
1.000.000
473.900
1.015.300
200.000
500.000
1853
18.52 to '64
1864 to '76
<Sc
Otnsoliflatcd street improvem't, sterling loan
RoxI)ury debt, assumed
Dorchester debt, assumed
Charh;sto\vu debt, asstuued
>[.Vstic water debt, assumed
Brighton debt, assumed
West Koxbury debt, assumed
Water loau, new m.ain.Brookline Reservoir...
do
Chestnut Hill reservoir
,
,
,
,
1873
1869
1800
1801
1857
1862
1866
to
to
to
to
to
£100 &e
1,000
1,000
£100&c
£100ie
'64
1.000
'69 Various.
'73 500 &e.
•7H
1,000
'73 Various.
Various.
1858
1,000
1865 to '71
1,000
do
renewal o( loan due '70-71, all reg
1871
do
'72-73
do
1872
£100 &c
Water works, Roxbuiy, coupon and registered 1868 to '70 1,000
do
Roxbury & Dorchester
1871 to '75 1,000
do
D<»rchester, all re.gistercd
1871
do
W. Ro.xbiuy & Brighton, all reg 1875 to '76
do
do
coup, and reg.
1876
1,000
Additional supply water
1872 to '75 1,000
Various purpo.ses, for water works
1871 to '74
1,000
Water loan bonds, gold, coui»ou or reg
1875 to '76 1,000
—
i>vt}okiyn
Debt of Wllliamsburgh, local improvement..
Brookl.vn local improvement loau
1850 to '61
1801
1857
BohUers' aid fund lo.iu
1865
Natioiuil Guitrd and Volunteer Firemen's loan
1864
Third street improvement loan, local
1867
Mount Prospect
Hriuare loan
Gowauus
canal improvement loan, local
Bushwick avenue
do
do
do
1806
1865
South Seventh street do
do
do
1866
Union street
do
do
do
1867
Fourth aveuue
do
do
do
1862
do
do
do
do
1807
W'.iUabout Bay
do
do
1867
Bedford avenue
do
do
local.
1867
Kent aveuue basin do
do
1869
New York Bridge loan, registered and coupon 1870 & '76
B'dx for complefii N. Y. A B'klvn Br., cp. orrg.
1876
AVjony. — There are sinking funds for municipal
bonds and for water stock. The loan to Albany &
Sueqnehanna is secured hy Ist mort. The equalized
valuatiou of property in Albany County m 18 5
by State Board was: Real estate, $4,'^,7.'ii).llG; personal, $.5,837,068; total.
value of real estate,
|.')-l,(i,3«.2;4.
EstiQi..ted true
lllK.ltM.TTil.
Aur/vsta.—Ot this debt, lii'OO.OOO was issued for
and balance for canal eulargemeut,
water works, &c.
railroads,
Baltimore.
with Oct.
—The
fiscal
year of
Baltimore ends
The
city credit has been loaned extensively to railroads, in exchange for their securities, which it holds to a larjie nominal ainotiDt. The
sinking fund for Bait.
Ohio Ruilroad i;,5,0(X),000
loan is tl,7Ji),!t73; West Maryland Itdhoad sinkinj;
fund, $U9.ti'5; and the total of the several other
Binkirg funds. JO, mT,*!!. The Bait.
Ohio RR.
pays interest on $.i,ono,00ii loan; Water loan is naid"
31.
&
&
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
.
was
nx
2«7,354, against 213,4:8 in
18(iO.
(V. S3, p.
68'J
&
do
do
do
do
Balto., Farm.
Boston.— The popnlation of Boston in 1870 was
5^.497, agaimt 177,S10 in ISfiO; in 1875 itwas, Ml.Sli.
Valuation of real property in 1875. including the recent annexations, was $553,769,500, and ocrsonal
,
Bank.
Bank,
1895
1890
1886
July
1884
April 15, 1900
March 7, 1902
1885
Bank.
Bank.
July 1,1900
do
do
do
Balto., N. Meclianiea'
Balto., Farm. & Plan.
1, 1890
At pleasure.
July
Sept. 1, 1893
Sept. 1 1 893
Sept. 1, 1890
& Plan. Bank
do
do
do
Jan.
Jan.
Jan.
1,
1,
1,
1,
At will.
1894
1902
1900
Baltimorc,Regi8ter's Office,
Oct. 31. 1886
do
do
March 8, 1892
Balto., North. Central RR,
Jan 1, 1877
Balto.. N. Mechanics' Bank. Jan. 1, '90* 1900
Baltimore, Franklin Bank.
Jan 1, 1805
187,000
100.000
300.000
Boston, Jlerchants' N. B'k,
Boston or Bangor.
Boston, Mcrch'ts' Nat. B'k,
Baltimore, Register's Office
Balto., N. Mechanics' Bank,
do
814,000
Boston.
do
Ijondon, Baring Brothers.
do
Boston.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
J.
During the
tion,
1870-7.
$13,!!()a,305
$ll,2l9,t!87
2,93M,9O0
2,86I,4J5
$9,4.37, '80
'
283,136
$8,279,487
247,385
$9,721,016
$8,527,872
Per ccntage
Placing the tax to be paid to the State at the same
as last year, the estimated tax warrants exhibit the
fallowing result;
1875.
1881
1876
$9,721,016 00
802.120 00
$8..^27,872 00
Total by taxation.. $10,623,136 00
$9/270,801 00
742,93)00
aW
last forty years,
with a single excepshown an animal
the taxable valuation has
Mayor
Cob't's mcs.sai,'e, January, I87H,
gives a net decrease of debt in 1875, amoanting to
t3J5,.',79.
(V. 22, p. 61.)
increase.
Broo\lijn.~T\\Q statement of debt
datcJ January 1,
the whole'city debt as follows:
Mayor's message
is
from the
which
18'.6,
made
Permanent loans
$26,004,000
3,462,736
Siuking funds
Balance
Loans chargeable on specified property
Tax
certificates
Total
1875-6.
City and Connty
State
.T.
April. 1901
Oct.. 1902
1880 to '99
li)01 to 1905
Jan.. 1901
,Tan. & April, 1905
1870 to '90
1876 to '90
1870 to '90
1877 to '86
1876 to '95
1876 to '95
1876 to '90
1877
1879
1901 to '24
1907 to 1908
do
&
&
July. 1878
1 874 to '87
1876 to '96
April. 1893
July. 1899
18/4 to '85
1875 to '82
1876 to '03
1875 to '90
1875 to '83
1875 to '92
1879 to '31
1891
1887
1885 to '94
1880 to '81
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Jul}- 1,
1902 to 1904
1901 to 1904
Oct., 1905
Brooklyn,
do
138,000
213,000
90.000
552.000
27.000
302.000
283.000
249.000
298.000
336.000
190,000
230,000
589.000
278.000
427.000
4.250,000
1870 to '92
1, 1894
1905
Jan. 1, 1894
April 1, 1899
Jan.
1878
l?7n to'99
Boston.
1,452,000
1,
1,
9.
.Tan.
Oct..
do
London, Bariug Brothers.
for 1S75-C:
Income
do
do
465.000
375.000
350.000
1 00,000
048,000
366,000
Feb.
April
London, Baring Brothers.
583,205
4,296,800
16,909,175
4.997.003
3,559,600
438,600
121,500
1,190,000
1,318,000
322,640
470,000
391,000
2,248,000
688,000
1.949.711
700.000
upon wh'ch the rate of taxation is »13'0
per $1,000— *12 60 of this for city and*l 01 for State
purposes, against a total of Si5 tiO per gl.fOO in 1874.
The total debt, both funded and unfunded, at the
cli.se of the last fiscal year, April 30, 187(1, was
$4;:t.9 3,l(i.'i, and the sinkingfnnds. bonds, mortgages,
Ac, $10.8^-', :187. The sinking fund provisions are
suflicioitt to meet the debt as it matures. In March,
18;6, Mr, Turner, city anditor, gave his estimatesfor
the revenue lequired for the coining financial year
1870-77, commencing May 1, 1876.
This estimate is
based on an assumption of meeting the actual wants
of the municipality and avoiding the borrowing cf
money for othfer than the water works, and extensive
an'1 costly improvements: the tax per each $1,000
will be reduced from $l"t 70 last year to $i:'. 4.i fcr
SI, OfO this year.
The following is a comparison of
the appropriations granted by the City Council, and
income to be received, compared with the estimates
Appropriations
do
do
do
1,000,000
)
Bangor, .J/j.— The valuation of real and personal
property is $Il,05-2,ill; rate of taxation, i.Ki per
cent. The loans to European & North American
Railroad and to Bangor & Piscataquis Railroad are
secured by first mortfe-ages on those roads.
Bank.
Bank,
do
do
do
do
Balto., N. Mechanics'
Balto., Farm. & Plan.
$2,34,998,400;
by income pf waler works, and Public Park by City
Passenger Railway, and out of a total debt of
?!i'2,!)43,4« only Jlfl.lM, :9l is dependent on the tax
evv.
The a-ssessed value of property in 187'i is
$*51,50.5,1J9; tax rate. 187fi. $1 80 on the $100 for city
purposes, and
for State.
Popnlation in 1870
1876 to '89
1900
Balto.. Farm.
Plan.
Balto.. N. Mechanics'
1,37.5,000
,
,
Renewal city debt, sterling
For city purposes, war debt,
do
do
do
Burnt district, sterling loan
1895-'97
July 1, 1876
117,000
100 '&.a.
.
—
Feb., 1876 to '81
Augusta,
do
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 Ac.
100 &o.
100 &c.
March, 1876 to '94
Boston.
Me.
City debt proper
1858 to '72 100 &c.
Municipal loan
1874
1,000
Water loan bonds, conp. (Act Feb. 22, 1875).
1875
500 &c
Furopcau & North American Railroad
186!)
1,000
Bau.gor & Fiscataiiuis Railroad
180»
1,000
Sogtoii—
,
Baiiffor,
do
do
do
do
do
1,000,000
103,000
—
Au(/itsta, Ga.
B(»nd.s for various purposes
City liouds, tax free
New York.
May, 1879
do
June, 1880 to '84
Boston, Merchants' Bank. Feb., 1885 to "94
New York.
March, '95 to 1900
do
Nov., 1910, 11,'12
$240,000
40,000
151,000
348.000
529,000
242,000
118,000
500,000
400.000
$22,600,283
.
]0,052,rCO
2,S7»,eOO
$35,031,263
—The Mayor, in
his message, January, 1876, stated
that the debt chargeable on taxation ("ecreaacd
in 1875 f .'3,2:(', against nn increase of $512,081 in
1874, " $2,426,516 in 1873. $l,.5m.411 in 187i, and
Population In L-i70, :)96,200, against
Valuation of property in King's
266,161 in 18<;0,
County in 1875, by the State Board of Equalization,
$2 !0,507..''86 for real estate, andpersonal, $19,800,135;
they estimated the true value of real estiito in
The Board of Supervisors
1874 as $426,398,740.
value the total taxable proiierty of Brooklyn
1815 at $2a5,l''G,7.V). or about 65 per cent of true
lu
value. The debt of Kings Countv. separate from
$.3,690,511 in 1871.
the debt of Brooklyn, la $3.9.W.0.'0. of which the
city is responsible for about $3,7;19,20fl. Average
tax rate in 1875, $3 41 per $100, against $3 52 in
18T4, and $3 46
1S73. (V. 30, p. 620; V. 22, p. 669-)
m
—
:
..
.
CITY SECURITIES.
July 29, 1876.]
aubaerlbers
nrlll
nvor by
eonfer a arroat
DKSCRIPTION.
Date of
Size
par
bouils.
For oxplniiatioiis sec notes on tlrat page of tables.
Brooktifn—( Oonlhmed )—
Froapect Park loan, registered and ooui)on
.
.
do
do
bonds
Peruiaucut water loan
do
do
Sewerage bonda, contlniioim, local
AssoHsnient fund bunds, oouthiuoiis local
Central and KuieUerbocker avounu bonds
South Hiooklyu
do
do
Boulevard bonds
Beflflloncy
ToniiKjrary lax ccrtiUcatcs
JUiffalo, N. ¥.—
iTnided debt bonds, varlons pni-poses
Duffalo & Jainentown Knilroiul
linffaro New York & Philadelphia Kallrosid.
..
Water works bonds
— May 17, 1873)
—
1800to'7:i $1,000
18«() to '72
1 ,000
1872
1,000
1857 to '72
1 ,000
1872 to'7o 1 ,000
1,000
1 ,000
1870
1,000
i',6()0
1853 to '7."
1873 to '7.')
1871 to '73
186H to '7(i
187«
1,000
1,000
1 ,000
1 ,000
1,000
1853 to ',".4
18G6
$8,016,000
7
1,217,(HK)
3H»,(HK)
J.
J.
7
M.
i>,oo(;,ooo
1,3!»1).000
J.
7
7
7
7
7
7
7
l,0'.)5,r)(K)
4,435,.')00
618,000
103,000
842,000
2,379,000
7
7
7.")0,000
7
7
6
1,000
1,000
CinHnnnti—
To biUld J!*rgleston avenue sower
500
500 &c.
. .
B2
M
1870 to '72 i',6'oo
1803 to '72 500 &c.
1868
Ix>aus to l{ailn):ul»
1', A, G, II, I &
1842 to '54
Bonds to 0.& JI. RK. to purchase whf. prop.N
1805
Bonds for erection of a Workhouse
1808
Bonds for Water Works
C2&('3
1808
Bonds for Common School iturposes
P2
1808
Bonds for Common School jiurposes
P 1860 to '01
Bonds to O. & M. RK. topun^lia-so whf. prop. .N
1855
Bonds for ext. an<i impr. Water W..C, D. &Ii 1847 to '50
Bonds for funding floating debt
A2 1847 to '48
Bonds for new 1 lospi tal
S
1867
Bonds for new Hospital
82
1808
Bonds for funding tloattug debt
L
1853
Extension and improve. Water Works... K &F
Bonds to purchase Orp'n Asyl. grds. tor park.O
IJonds for sewerage
R
Bonds for impiovlug Gilbert avenue
U
to build I-^ggleston avenue
for improvement bonds
for Water Work purpcws
sewer
B3
W
C-l
W2
General improvement
Cincinnati Southern KE
do
do
do
gold
do
Floating debt bonds, coupon
Water- works bonds
Ac.
1,000
1,000
1853
1858
1869
1869
1869
1871
1371
187J
1872
1874
1876
1874
1875
1,000
1 ,000
1,000
1,000
1,000
1,000
1,000
1,000
J.
J.
J.
J.
J.
J.
J.
J.
J.
6
91 0,000
3,600,000
87,000
2,550,000
2,021,000
100,000
3,423,000
2,000,000
7
6
7
7
6
7
7
7
640,(iOO
3,081,500
6
500 &c.
1,000
1,000
A
&
A
A
A
A
A
A
&7
1881 to 1909
9- 3 yearn from dMe.
3 yean from date.
1H80
1876
1875
1870-7
New
1870tolR9!V
1893 to 1805
1881 tu 1S03
1878 toI92S
York.
BulTalo.
Buffalo
and New York,
do
do
do
do
Prior to lOatt
1875 10*98
1883 to 'M
1800
Charleston.
New
do
York aty.
7
7
7
397,.500
140,.5OO
500,000
250,000
60,000
175,000
100,000
150,000
150,000
100,000
136,000
150,000
000,000
200,000
10,000.000
3,000,000
500,000
250,000
7
J.
New York and
J.
do
do
do
do
do
do
do
J
J
J.
J.
J
J
J.
Boston,
do
do
do
do
do
do
do
1877 to '82
Julyl, '82 to '95
Jiily 1, 1880
1880 to '95
1890 to "as
.July, 1895
1881 to '99
1874 to "79
1800
1873 to 'S*
Various N. Y., MetropoUtan Bank.
7 3-10 J.
1.50,000
210,000
250,000
300,000
100,000
99,000
195,000
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
Buffalo and
•33
7
1,075,000
500 Ac.
500 &0.
A
]0into"i4
iei5to'24
do
do
do
do
do
do
do
do
do
Various
7
due.
BrooVIyn.
Q.-J.
100,000
rrinolpal— when
Ujr
whoiu.
Various
Various
Various
Various
M. A 8.
2,77!),:W2
lu tliaee Tables
Whore payable oud
.1
1.000,000
207,700
.500,&c,
do
River iuiprovenieut bonds
Municipid bonds
Municipal and School bonds
South Park loan (secured on gonth. Dlv.)
West Chicago Park (secured on West. Dl v.)
(!ook County debt
J.
J.
I
& J
&
A N
& J
&
&
A
A
A
A
2,209,2,';0
281, .500
Water loan
do
payable
51, .500
.
Soworivgn bonds
When
Kate.
I
4,119,093
City bonds, eoiiiwn
Fire loan biinds, conpon
Conversion bonds, to rcdoeiu iiast due debt.
Bonds
Bonds
Bonds
lontstandiug.
value.
1872
1873
1872 to -73
Park l)ou<ls (Act
(.'Iiarleston, S. C.
<;ity stock
Ohieago
Immediate notice of anr error dlaeoTered
INTERXaT.
or
Amount
BTfrinz
6
3-10
3-10
3-10
6
6
6
6
3-10
7 3-10
6
6
6
7 3-10
7 3-10
7 3-10
7 3-10
7
7
7
7 3-10
««
AD
AN
N. Y.,
Am. £zcbango Bank,
A U,
A J.
A J.
M. A N.
A. A O.
yi. A N.
J. Al).
M. A N.
J. A J
Various
M. A 8.
M. A 8.
M. A S.
A. A O.
M. A 8.
F. A A.
J. A D.
A J.
J. A J.
M. A N.
M. A N.
J.
Various
J.
J.
.1.
N. Y.,
Dec.,
July, 1889
Jan., 1890
Nov., 1890
April 1, 1895
March, 1807
do
do
do
do
do
Am. Exch.
A 1889
1888
Juuc, 18tf7
Nov., 1807
1900
Jan.,
A Oct., 1900
March, 1908
Sept., 1899
Sept., 1899
Oct, 1899
Juno
Cincinnati.
N. Y.,
to '84
Nov., 1885
June, lSS<i
Am. Exchange Bank,
do
do
do
do
do
1878
1878
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Various
M.
Nat. Bk.
do
do
do
do
do
do
do
New York or London.
N. Y., Am. Exeh. Nat. Bk.
do
do
do
do
do
do
do
March
1,
1886
Aug. 15, 1886
Dec. 1. 1991
July 1, 1902
1902
May 1, 190«
Hay 15, 1001
7
Cleetlarul—
Water works ($1 00,000 are
Funded debt ir|;22D,()00 are
Lake View I'ark
p. ct.)
p. ct.)
Canal
Viaduct, street and bridge ($300,000 6 p.
School ($274,000 are 6 p. ct.)
House of Correction
Main sewers, special assessment
ct.)
1854 to '75
1854 to '74
1872 to '74
1874 to '75
1873 to '75
1864 to '71
1868
1860 to '74
7
Various N. Y., Am. Exoh. Nat. B'k.
do
do
Various
do
Various
do
7
J.
7
Various
Various
7
7
6& 7
7
C& 7
200,000
688,300
1,393,000
836,000
Street Improvem'ts do
Street openings, &c. do
Columbus,
6&
6A
1,575,000
1,722,000
315,000
195,000
718,000
424,000
J.
A
A
J.
Various
Variotis
Various
6'a.
1856 to '72 1,000
1866 to '71 100 &e.
Subscriplious to various railroad stocks
Bonds for funding and other purposes
DftroU, Mich.Bonds for various City purposes
for Water Work Co., on city's credit.
X'ublio Building stock (City Hall) bonds
Bonds
.
Public sewer bonds
Mihabelh, X. J.—
Improvement bonds
Funded debt bonds
School House bonds
Market House bonds
1869 to '74
1870 to '75
1872 to '73
1865 to '66
1875
Consolidation bonds
/SiQfido.— The
funded debt, Jauuary
1955 to '5y
1855 to'7.S
1859 to '71
1872 to '74
1,
1876,
was
$(i,74.1,;S9, and (1 atini: debt, *:Wi.0:)2.
In ia?5 real
was assessed at S-11.'W:J.7.3.*>. and personal at
$8,031,370— ti)tal, $1 1,96-), 10.j. BafTah) also pays 7-10
estate
(b.'lBK t7li.3J0) of Eric county debt. City uix-rate
1875, $15 55 on the $1,0(;0.
In May. 187(), $1-J-),000
7 per cent certificates of debt in,"piecc3 of $.5,000.
Ac , were issued, due 1881. (V. 2i. p. 2:)3, 521.)
a—
Charleston, S.
The bonds of Charleston are
mostly held within the State of Sonth Carolina.
The
total assesseci value of property in 18^3 was
$i7,9T8,i*ni; rati; of tax. 2 per cent. Sinking funds
reduce the total debt to t4,b72,t)ti:J.
C/iicago.—Ti\e total funded debt at the close
of the year IS'.'j was $18,457,000.
CertiHcaies
of indebtedness, $4.fi41,0UfJ.
Assessed value of
real property, '"l, $458,549,310; personal, $.<5.).55,«30
—total, $.103,70.5,140. Tax rate, 18 mills. The Illinois 8tate vaUiiition is $2jt.118,6'20, and the el y
debt is limiicd to 5 per cent of that.
Of the
$18.47'<,0noof funded deijt, $4,681,000 is on account of
the Water Works, which last year yielded an income
of $7;10,M-J 21. Question havinix arisen as 'o wliether
ccrtiflcatcs were not an Increase of debt, and therefore lilftual, an ordicance wiis passed aiitliorizing
the Comptroller to make an endorsement tliereon
that th.y "were issued upon the appropriatious and
tax levies of the city." Some certificates went to
protest. See V. J2, p. 514.
Assessed Value.
Tax
Year.
Iteal Rstate. Per. Kstate. Rate.
JW8
$31,587,545
$.'),55i.:M0 $15 00
18M
66,49.5,11(1
19,447.911
20 00
1867
140,8i7.040
5I..39i,t»04
13 00
18«8
174,6a->,410
M,939,469
14 00
1869
211,3 1,440
5l,6-).3,6«0
15 00
WHO
:^i3,64i,l,00
52,3K,9.50
15 00
—
,
•
Various
Various
329,000
243,800
684,0<X)
272,500
703,000
90,000
80,000
Year.
A.
1,.500.000
,
Assessed Value.
\
Real Estate. Per, Estate.
1S71
li;i6.89S,6.50
5a,8i;.«2u
1872.
239.154.890
202,9«9,t»)
238,&49,310
4.-),042.54l
187S
18!4
49,10.3.175
A
Tax
Rate.
10
15
18
18
00
00
00
(«
4.5.1.5.5,8.30
Population In 1870 was 306,605, and in Octolier, 1874,
39!>,2iti, against I09,2,iO in I*iO.
Cook Co. debt is all
7 per cent, and interest is all payable in J. & J., or in
M. A N. The So. Park, W. Chicago Park, and Lincoln Park loans are not debts of the city, but of
distinct corporations. (V. 21, p. SO"; V. 22, p. 457,
514.)
CinebmaU.—ln ft'ldition to the issues above
named, there remain several small amounts, as
follows: $.'5 CO) (T.)6s, dao July, 18:6; $lU8.0iOSs.
November, 1S<5; *5«,(,00 (YY2, & O.) 68, 1886-88;
Novembr, 189";
Rf the census of
$27,010 68, (A.),
March, ;.t97.
18;0 populatloo
was 21J,900, against 1«1,0I1 in 1S»J. Tax rate for
Sink1375, *2S Hi per $l,0f0, aijaiut $23 38 in 1874.
ing funds are $4 6,440, against $7,500,001 of old
debt. The following table from the books of the
Auditor of Hamilton County, Ohio, exhibits the
assessed valuation of the city of Cincinnati in the
year 1860 and fr,)m 18.0 to 1571:
Rate tax
$17,(X)0 68 (Q.).
Real
Year.
1860..
1S70..
1871
1872..
1873..
1.S74..
U7.5
-The
Personal
estate.
$6I,6*).!I0«
78,736.482
lii.4J7,8S8
119.6il,»5«
121,479,2:0
estate.
$.3l,4ll,8ia
57,.370,754
Total
valna'ion.
$9;),0i2,7i6
136,107.236
ISO 861,932
per
$1.0M.
$17 45
31 69
22 20
20 10
5-),4H!,410
1 7.5,084. -29
64,166,460
185,64.5,740
S3 P6
181,9-.0,0I4
23 38
28 82
.58,53',730
12\976,8i5
18U!'8,.565
city will be the sole owner of the stock of the
66.914.044
1876to'9'2
Now York.
New York and Columbns.
Various N. Y., Farmers' I* A T. Co.
do
Various
do
do
Various
do
do
do
Various
2,909,000
i
O.
do
do
to '9-5
to '94
to 'O',!
to '95
to '95
to '88
1878, '83 A '8<«
1876 to '84
1876 to '85
Various N. Y., Metropolitan N. Bk.
do
do
Various
Various N. Y., Metropolitan N. Bk.
do
do
F. A A.
125,400
1,201,000
1,000
1,000
1,000
1,000
1.000
do
do
do
do
do
do
do
do
do
do
do
do
do
do
J.
1878
1870
1887
1894
1893
1876
1876 to '95
1875 to '89
1875io'89
1875 to 190*
1879 to "Ol
1892 to '94
to '85
to '95
tu '93
to '80
1885 to '98
1875
1880
1881
1875
Cincinnati Southern Railroad, In order not to violate the law pr.ihtbiting cillM. *c., from Jiving aid
in bonding railroads,
511; V. 2i, p. 209.)
Ac.
(V. SO, p. 14; V. SI,
p
valuation of property for
Cletdind.—Tbe
taxation is $7:),.305.277 and tax rate IS 15 2 mill", of
6V! mills are levied for Interest and sinking
which
fund. The sinking fund. January, I87t). amounted
The sewer, street Im
to $1.70i).f00, market va'ue.
provcmcut and street opeuinz bonds are for special
focal Improvements, and redeemed by aseessnients
on the property bcnelltted.
total
)
0(Uumb>ut, (?(».— The total debt Is $5?«.5». and
the annual interest required about $!D,0<I0. Bonds
are all coupon, and were Issued in small amount*
C.ly holds
i5,iitO fall dnc each year.
as wanted
/aloation of real
8ora'.> stocks and other property,
;
estate. 1875, $3,923,.575.
Detmlt, .Ificft.— The population in 1870 was 79,601
The va!nc of
1874, by State census, 101,06:1.
waterworks is $1..58i).i.8S. against a debtof $1.100,«)0.
Tlic water works bonds are isoocd on a pledge
of the city crcdt, and 87:..iO0 per year colAslected In taxes to pay inieiest on them.
sessed valuation, I8;5, lial estate, $«),-Jo,873:
personal, $7,448,755-lotal, $27.774,«30; true value
in
estimated at
$»2,5!fi,100.
Tax
rale,
$3
W
per
$100.
y—
Total debt of the city of ElizaKHzabtth, y.
beth Angast 1. 1S75, was staled at $«.4(»,ii00. as follows: Gcnerd debt. $950,000; assessment debt,
The sinking fund has to its credit
$4 4,50,000.
$900,000. Valuation of real and personal property.
Tax
$32,00;i,OOn; assessed valnatlon, $18,0ii0.060.
rate is $2 66 within the lamp and water dlttrict, and
$2 18 outiiide. Population In 1875, 23,000.
f
CITY SECURITIES.
[July 29, 1876.
Subaerlbera will oonfter a ereat fttror by glrlns Immediate notice or any error discovered In tliese Tables.
Date of
'For explanations see notes on
first
—
Bonds to railroads
Loan bonds, series A
I/oau bonds, series
do
Xioan bonds
B
do
Purolinso-nioney bonds—SoutUorn Park
School bonds— By Board of ScUool Comm'rs.
-Jersey City—
Water loan bonds, mostly coupon
do
do
do
Improvement bonds
Forty-year bonds
Improvement bonds
do
do
Morgan
dock
City Donds, coupon
Funded debt bonds
street
outstanding,
1869 to '7-1
1873
1860 to '74
1876
sewerage bonds
Improvement and water bonds
bounty loan
Greenville street improvement bonds
Ten -year bonds, coupon or registered
Various.
Various.
Subscription to stock of L.
Water works
do
For improvement
500
1,000
10
J.
6
g.
J.
&
J.
& J.
J. 6i J.
J. & J.
J. & J.
J. & J.
8
A. & O.
J. & J.
7
Various
7
J. & J.
7
J. & 3
7
M. & N.
7
Various
7
J. & J
6&7 Various
7
J. & J.
7
Various
7
J. & J.
7
J. & J.
7
J. & J.
Various
7
7
J. & J
7
J. &D.
900,000
622,000
1,866,000
3,433,000
125,000
921,000
500,000
171.050
150,000
400,000
152,000
103,000
249.000
150,000
New
J.
1880 to '87
1892 to 1902
1874 to '95
1901
do
do
York.
City Treasury.
Jan.
7-3
7-3
7-3
7-3
7-3
1,418,000
3,109,800
500 &c.
&
N.
1852
1854
1837 to '67
1873
1866 to '67
1873
KE
r.
of streets
do
Elizabeth* P. Railroad
Wharf
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
1871 to '73
1853 to '70
1868
1871
1868 & '73
'54,'62,3,8
pi-operty
1868
1869
For old liabilities
1870 to '74
do
do
1871
Louisville, New Albany & St. L,. Air Line RR.
1871
Change of gauge; Louisv., Cin. & Ix)x. RR
Eoadoed
1871 to '73
do
do
1851 to '03
City bonds payable by railroads
Memphis, Tenn.—
1867 to '68
Souool and paving bonds
Post bonds
1867, '8, '9 500 &c.
Funding loan, gold
1870
1,000
Mississippi Rivcv Railroad bonds
Endorsement Memi>hls &. Little Rock BR
1857
1,000
bonds
—
Be-adjustmcnt bonds
General city bonds
do
do
Water bonds, coupon
do
—
1861
1871
1876
1872
1872
registered
Mobile
City debt A, B, C (payable annually till 1891)
City debt D, E, F (payable .annually till 1880)
Bonds to Mobile & Great Northern Railroad..
Bonds to Mobile & Al. Grand Trunk RR
Wharf bonds
City funded debt
To Mobile & Northwestern Railroad
New
funding bonds
^ashviUe, Tenn.
Nashville & Chattanooga Railroad
Various city bonds
Ifeujark
Galveston.
M. & 8
Various
145,000
300,000
300,000
300,000
200,000
109,500
100,000
1,000
1,000
1,000
1,000
1876
Re-construotiug street
Public buildings and Instltntions
Public school and school houses
Sewer bonds
Milwaulcee
A
10
10
8
Priuelpal—When
Due.
WTiom.
.1.
.
Wiuslow, L.
Y.,
& Co.
do
do
do
do
do
do
do
do
do
do
Jan. 1,1889, to '90
July
July
July
July
Jan.
Oct.
1893
1894
1894
1895
1899
1878
1,
1,
1,
1,
1,
1,
N. Y., Merch. Ex. N. Bank, Jan., 1877 to '9t>
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1899 to 1913
1875 to '76
July 1, 1913
May, 1891
1892 to '94
Juno 8, 1900
Various.
July 1,1893
Various.
Jan., '98 to 1900
July, 1889
July 1, 1879 & '89
Various.
Various.
Juno
1,
1686
Ky.—
For Jeftersouville Railroad stock
Jail
1
Payable!
500,000
500
1,000
1,000
Various
l,00O&c
l,000&e
l,000&c
Various
1869
1869
1869
do
do
do
INTEREST.
Where Payable and by
760,,'JOO
1852 to '07 1,000
1869 to '73 1,000
1870
1,000
1873
1,000
1871
500 &e.
1872 to '74 1,000
1870
1,000
1872
When
$71,500
35,000
18G9 to '70
1873
1874
1874
1875
1874
1873
Various.
City l)oud8
Bergen scliool loan bonds
Bate.
Value.
Various.
Hudson
Iiouisville,
Amount
par
page of tables
Oalvcston, TcraH'
Bonds for liarbor improvement
City park bonds (purcliase of block 321)
Bonds for various purposes
Galveston C;ounty bonds, G. C. & 8. F. BK..
Jndtanapottt
Size or
Bonds.
DESCKIPTION.
—
1866
1860
1859
1870
1870
1871
1871
1875
1875
$650,000 applicable
yearly to interest aud<
jprinclpal
(
1852
1852
1852
1,000
1,000
1,000
1,000
—
Hew
Orleans
Consolidated debt)
do
do
do
do
Railroad debt
S
1884-55
GcUmtton, Texai.—Tho total city debt is $873,000,
of which all arc 10 per ct. currency except $106,500.
Indlinapotis—The asecBnment of taxable property in 1874 was $B7,301,546; taxes for that year,
$510,0J6, or a levy of $1 3.) per $100. Total debt
80, 1875, was $1,435,000.
The School Board is
distinct organization from the city, created by a
separate act of the Lejjiaiature ; levies its own tax,
which fa collected by tlie City 'Treasurer. The city
warrants are discounted when sold. The floating
debt of this character, Jan. I, 1875, was $J0O,0O0,
payable during this year.
June
e.
Wy.— The
Jersey
April 1, 18">,
total
was stated
bonded debt of the
city,
Ht $14,247,500, as follows:
General, $.3,558,000;
assessment debt, *8,0«',500;
water debt, $4,62H,00i).
The sinking fund was
Assessed valuation, including railroad
$525,565.
properly, is $88,496,883. on which the tax rate is $3 00
per $100 on $6(i,4!l(i,8o5, and 1 per cent on railroad
property assessed at $1 ,000,000. Populaliou by State
census in 1875 was 116,883. against 85,000 by U. S.
census of 1870. (V. 2i, p. 521.)
—
ZouisviUe. The funded debt, January 1, 1S76,
exclusive of railroal loans, was $S.33i),000, aiainst
Janu .ry 1, 1875. Of the $8.:i;i0,00!r there
$S,5(M,0'
is payable out of the sinking fund $3.70.5,000; payable by special tax, $1,025,000. Assets of tlie sinking fund, Jan. 1, 1875, wciu $3,13n,6i5. I'opuljtion
by :ensu8 of 1870 was i00,750, against 68,033 in I860;
now ontlnutod upon tI;o l)a».is nf 7 to a voter makes
lin.030. A«su.«sed value of property, about $79,000,000.
Real value, $100,00n,i) o. Rate of taxation
for all city purposes in 1875 is— Eastern i/istrict,
$2 27 on $I0{); Western Dii-lrict. $3 33; Stste tax,
45c. The following figures give the assessed property valnation for the past six years. For 1868, $59,-
&O
J. & D.
Various
M. & 8
F. & A.
J. & J
7
6
Various
6
6
J.
J.
6
M.
7
&
J. &
J. &
J. &
J. &
J. &
J. &
J. &
J. &
M. &
J. &
J. &
M. &
7
7
7
5
8
8
8
8
8
315,000
1,065,000
C&
6
42.5,974; for )869, $63,584,091;
for 1871. $76,845,995; for 1872,
7
6<k7
7
7
7
7
500,000
400,000
do
do
New York and
J.
J,
N.
do
do
do
N. Y., Bank of America.
do
do
do
do
Charleston,
MUw. and N.
Y., A. Gocttel.
J.
do
do
do
do
do
do
do
D.
J.
J.
do
Mobile, Bank of
J.
do
J.
do
J.
J. N. Y., Merchants'
Mobile, City Treasui-y.
N.
J.
J. N. Y.,
do
do
Merchants' N. Bank.
N. Mobile, Mob. Savings Bank
6
6
6
6
Newark, City Treasury.
do
do
do
do
u'k Mech. Nat. Bank
do
do
do
do
A.
J.
&
&
&
O.
J.
M.
S.
Various
J.
&
do
J.
M. & N.
Various
Various
for 1870, $70,806,718;
$77,156,642; for 1873,
1876.
1,
was
1873.
The
$1,947,286,
total floating
debt
and there
were
(unpaid taxes, &c ) to balance
this of §1,766,054. In 1874 the policy was adopted
of receiving proposals for the sale of past due
coupons, so far as the f un'ls in baud permitted. The
City Council declared the funding and paving bonds
isBued l)y Mayors Leftwich and Lofland 1867-8-9 to
have been issued illegally, but allowed the coupons
to be received, pro rata, according to the amount
realized by the city for 'the bond--; but a decision
of Tenn. Supreme Court. December. 1875, was
aguinst thecitv on this point. Assessed valuation,
$32,000,000. Tax rate, $3 per $100. Population In
New
Orleans,
do
do
do
is offered at
(ler cents.
(V.
—The
17, p. 187, 628, 691.)
valuation
of property in 18T6 is
real estate and
$5,377,718 personal
property; tax rate. IX per cent.
Interest has
been in default since July. 1873. A settlement with
$l-.;.89l,825
bondholders was olTered by Commissioners iu New
York, Sept., 187.5, viz.: $M0 in 6 per cent bond for
$1,000 of the old 8 fwr cent.
lien on city revenue,
have a
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
Nov., 1900
July, 1872
June
1,
1891
Jan. 1,1901
June
Jan.
Jan.
1, 1896
1, 1902
1, 190.2
1875 to '91
1875 to '86
1885
July, 1899
Nov., 1895
TUi 1901
1901
1875-77-79
1876 to '94
1876 to '93
1878 to '91
April, 1888, to- 91
1, 1895
1879 to '93
1876 & 1892
July
July
M.iy
1, 1892
1, 1892
1892
1874-5 & 1894
75 per cent of their face in the
new
6
This has been accepted to a considerno report yet given. Population
38,000.
(V. VO, p. 302.)
—
Nashville, Tenn. At the close of the fiscal year,
Sept. :^0. 1875, there were $131,100 of past due bonds
and SKIO 410 unpaid coupons. The total debt was
$1,737,3 2. Assessed valuation of all property, about
$13,63.'i,:7o; tax rate, 1873, 3 per cent.
—
Newark. The bonds in the first line in the table
are payable out of the sinking fund of 1869, which
amounts to $:185,368; those in second line out of
sinking fund of 1864, $8 2,737; public school bomis
out of public school fund, $89,034; Clinton nnibonlfs
by sinking fund. $3i.221, against local improvement bonds the city holds $:i,.568.f)8 ) of assessments
unpaid and a lien on the property. Temporary loan
Valuation of
1. 1876, were $767,750.
real estate, 1874, $79,538,398; personal, $24,880,800;
tax rate for all purposes, 1875, $1 98 per $10j. Population iu 1S70, 105,039.
bonds, Jan.
(V. 21, p. 18d, 670.)
—
Milwaukee. The city cannot issue debt beyond 5
per cent of its average assessed value for Ave years,
which is $43 54.5,000; in 1875, valuation was
$53..585,664 of real and personal; tax
rate. 8'..54
mills.
Siuki g funds are provided for all the bonds.
There is also about $180,000 scrip issued to settle
old railroaa bonds. Population by State census,
Mobile.
MobUe.
do
do
N. Bank.
Various
Various
assets
1875, 101,000.
8. C.
D.
about
1870, 40,330.
Louisville.
Memphis.
N. Y., P. M. Myers & Co.
do
do
ifempMs, TVnn.—The city has been In default for
1,
do
New York.
do
do
do
July 1, 1903
1891, '92 & 1903
able extent, but
interest since Jim.
nominal
Ix)ui8vill6.
New Y'ork.
$n,225,372.
April
do
Louisville, City Treasurer.
N. Y^., Bank of America.
New York and
1882
AprU, 1883
1887, '89, 91
March 1, 1883
April,
1886,' 96, '97
Louisville.
Bank of America.
Various
Various
6
378,000
&
&
&
J.
7
1,890,000
do
N. Y.,
J.'&'j.
5
4,042,000
209,000
140,000
2.379.000
& reg.
Sewer and improvement bonds
Aqueduct Board bonds
fund of 1869)
fmid of 1864)
& J.
& D
A.
7
7
2,500,000
3,030,000
(s.
<S;c. (s.
J.
Various
do
Various Louisville and
6
C
6
7
t'-
(s. fd. 3 p. c).
(local liens). .
lloiitiug debt,
J.
J.
&
Various
Various
7
539,209
232,400
329,000
750,000
349,000
363,500
300,000
1,000
1,000
1,000
1,000
1,000
1,000
Bends, various city puri>ose8
I'ublio school bonds
Clinton Hill bonds, coup.
J.
6
7
356.832
243,000
100,000
429,000
1,171,000
1,000
1,000
<fe
& a
Various
7
7
793,500
2,390,000
341,000
80,000
300,000
1,000
1,000
1,000
500 &c.
M.
A.
6
201,000
600,000
650,000
234,000
81,000
425,000
1,993,000
352,000
136,000
90,000
614.000
500,000
107,000
350,000
1,508,000
100 &c.
100 &c.
1,000
1,000
1,000
10,000
6
6
O. N. Y., Mercantile N. Bank.
A. & O.
do
do
Various N. Y., Bank of America.
7
1,350,000
76,000
1849
1866 to '76
—
War bonds,
500 &c.
6
149,000
404,000
The 5 cr cent bonds
and exchange for these
i
—
Netn Orleans. Interest was in default December,
1874, but coupons then due were paid May 15, 1875.
total funded debt, April, 1876. was $-.'C.8r2,333;
certificates, coupons uupriid, &c., $67'., 781 ; other
floating debt, $I,145,;i25. The assessed valuation of
property is $98,463,269 real e-tate, and $2i>,118,83it
personal. State tax, 14j< mills; city tax. 25 mills:
scheme for settling the debt by
total tax, 39>^.
a bond premium drawing plan is in practice, anrl
The
A
drawings take place Jan. 31, April 15, July 31. and
Oct. 15.' The premium bonds exchanged for others
and outstanding. April 1-^. 1876. were $5,667,300.
Poprlation in 187", 191.4!8; In 1860. l:W.67a (V. 81.
p. 64, 86, 159, 218, 511, 613; V. 8J, p. 471, 615.)
1
.
July
CITY SECURITIES.
1876.]
2i),
»no<f rlber» will ceafer a great Otvor by ElTlng Immediate notice of any error «leeorere« In these Tablaa.
DESCRIPTION.
Date of
Size or
Amount
liouds.
par
outstanding,
For explanatioiiH see uotes ou llrHt pa<^ of tables.
Nete Orlean»—( Continued )—
Watorwork.s lopn of 18«i9
Seven iier ceut fimdiiig loau of 18(i9
do
ilo
18G9
1809
1870
1870
Jeifcrson City (debt nesiiincrt)
Wliarf liupr.
l>oiuln (iissuiiicd
by
187'2
187-2
(diaiiiiiKn xeries)
and
1
Jfew
,()0<)
Various.
olil cliiiiu
York—
Water stock
do
...
.
.'
Croton water stock
New t^oton Aquodnct stock
Additional new Crutou Aqueduct
• 'loton water main stock
Croton Kescrvoir bonds
Croton Aquc<luet bonils
(/'roton water pipe bonds
Central I'ark fund stock
do
do
Central Park improvcmeut fttud stock
J>ooli bonds
i'loatln/? uebt fund stock
Market stock
City Cemetery stock
City Iniprovem't st'k (pait red'mablc after 'Gtii
do
1880
100 &c.
1805 & -08 100 &c
1869
100 &c.
100 &c.
100 Ac.
100 (tc.
100 &0.
100 Ac.
iSo Ac.
500 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 &o.
500 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
do
I.nnatic
Asylum
1809
stock.
Fire department stock
Fire tclcfrrapli bonds.
Tax
1841 to '03 lOO&o.
1870
100 &C.
184.') to '00 100 &B.
1805
100 Ac
1870 to '72 100 &e.
1871 to '72 100 &c.
180.5 to '72 100 &e.
1807 to '70 100 &C.
1809
100 &c.
IS.'JS to T)? 100 Ac.
18,53 to '.57 100 <fcc.
1857 to '05 100 &c.
1870
100 &c.
relief
bonds
do
d<»
1809
1870
coupon
N.Y. Bridge b'de ($000,000 red. after July.'OO)
Aocitm;ilatefl debt l)onds
Street Improvemcn t bonds
Street openinjr and improvement bonds
Volunteer soldiei-s family aid fund bonds
Ninth district court house bouds
Consolidated stock, coupon
Pepartiueut of Parks improvement bonds
Assessment bonds
City parks improvement fund stock,,. ;.
Normal school fund stock.
Public school bulidlnj; fund stock
Additional Croton water stock
Sewer repair Stock
Coueolidated stock
1863
187i
1871
1871
1871
1871
1872
1874
do
(re<lecinahle after July '96)
of Art and Natural History stock
I..iqnidation of claims and judgments
Improvement of Third avenue— 'J3d ward
Third district court house bouds
Museum
1873
1873
1874
1874
County court house stock
1802 to '08
do
do
No. 3
1871
do
do
No. 4&5
1872
Boldiers' bounty fund bonds
1864
Soldiers' subs, and relief red. bonds
1804
Soldiers bountj' fund l)onds. No. 3
1865
Soidiera' bounty fund red. bonds, No. 2
1865
Riot damages red. bonds
1864
do
indemnity bouds
1864 to '72
Assessment fund stock
1868 to '72
do
do
1873
do
do
1874
do
do
...;
1875
Repairs to buildings stock
1870
1871to'72l
(Jousolidated Bt^>ck, coupon
Aoenmulateil debt bonds
1869 to '70
N.Y. and Wt^steliester Co. iiaprovement bonds
1870
Consolidated stock
1874
For Stivtc sinking fund dallcieupy
1874
Debt of Westchester towns annexed
,
]fer/olk.
100 Ac.
100 Ac.
8
7-3
7-3
7
10
2,420,700
500,000
2,900,000
250,000
5A
6
100 Ac.
100 Ao.
100
100
100
100
100
100
100
100
100
500
100
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ao.
aty
The
total
3,570,000
905,037
CA
7
490,000
450,000
6
7
6
1,'74.
7g.
g.
A,
U.
8
A O.
A N.
m!'a
U
Jan.
Jiin. I, ';5.
1, "76.
0,.50<),0O0
3,004,830
1,000,000
266,500
300,000
4,252,500
,3,832,.500
13,304,800
5,425,000
200,000
636,000
025,000
265,000
10,313,700
700,000
1,.598,175
2,500,000
600,000
154,091
4,000,000
946,700
745,800
376,600
1,000,000
855,204
1.719,400
4fl2,700
252,000
900,450
100,000
8,885.500
6,000,000
30,000
1,680,200
3,899,493
1,500,000
1,003,214
29,300
175,.500
192,.500
189,300
500,000
6,940,741
1.725,000
6.500.000
$
$
$
1]8,341,.W7
86,615,778
119,05«,903
74 6
6A7
7
7
0A7
N.
C
g.
,
I
1870, '87 A "OS
Nor. 1, 1901 to '5
1878
1894 A 1807
1888
Ik
iZ
g
u
1880 A 1920
18«V,'02.9«
1889
I88V
1884
•=•.3
'vr
.>*.
S..A N.
M.A N
M.A N
7
6
M.A N.
M.A N.
7
6
M.A N.
7
M.A N.
0&7 M.A N.
M.A N.
7
M.A N
6&f M. A N.
M. A N.
7
6&7 M. A N.
M. A N.
6
A N,
6
A N.
AN.
6
AD.
6
A N.
6
A N.
M.A N.
6
M.A N.
7
6
M.A N.
M.A N.
6
M. A N.
7
M. AN.
G
M.A N.
6
M. AN.
6
M.A N.
7
M.A N.
7
M.A N.
6
M.A N.
6
M. AN.
M. AN.
7
M.A N.
"a
M.A N.
6
IM. A N.
«g. IM. A N.
IM. A N.
7
'm. a n.
7
J. A D.
M. AN.
7
1871^
1890
1005 A Idid
1881 to '88
11
1870, '77, '78, "88
1870 to '32
1870
1890
1001
Nov. 1,1876 to '80
Nov. 1,1876 to '80
Dec. 23, 1901
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1832
1894 to '96
ge
Is
e.2
May 1,192S
aa
1903
1876
Nov. 1, 1877
Nov. 1, 1890
1876 to "92
1884 to '88
1894 to '98
1883 to '90
1880 to '81
1895 to '97
1891
1877 to '79
1882
1887
1903
1870 to -78
1910
1884 to*8a
1901
1884 to '3a
1891
1890
1877 to '86
IS
SI
ti
A J.
A J.
M.A S.
A. A O.
J. A
M.A N
8
A J
SAO
6
J. A J
6
J. A J
J,
6
.T.
.1.
Farms, Morrisania and Kin^shrid^jo, embracing
about 12,000 acres, were annexed to New York.
From
1871 to .lunuary,
&
do
do
do
do
Noifoik,
Cit.
Sept.,
Apinl,
A Peon. Ranks
Norfolk, Treasurer's
do
do
A
Mech. N.
do
do
1890
1892
July, 1893
(Jftlee.
May. 1901
New^ York, Park N. Bank.
PWla., Far.
,
1878 to '85
Jan.. 1894
Norfolk, Treasurer's Oflloe.
J.
8
8
8
I
^29
c
i.-P.
M.A N.
Q.-F.
m; A N.
M.A N.
M.A N.
M.A N.
M. A N.
\g
7
.
I
a
o
;.— F.
;.— F.
1,
1,
I,
1879 A 1^80
Nov. 1, IIHW
1883 to 'OO
1884
Ang. 1,1900
Nov. 1, 100<>
1907 to 1915
1007 to 191
1880
1887
1898
.9
a
M.A
6
$33,2.V2,049,
"
~
do
N.
equalized valuations by S-nto Board in 1875,
were $l,20>,531,f80, of which 893i,n50,:)99 was real
estate. The true value of real estate Is estimated 'tt
»1,935,021.510.
By an act of 1874 the towns of West
A
1800
1S94
1895
18H7toI><07
Dee., 1880
Ang. 1, 1911
Jnly 1, 1022
July 1, 19Ti
April 1, 18MI
1802 A 1001
Jan.
Marrb
June
Orleans.
ji.
M.A
the termination of the Tweed re^jime in
1S7.'), the gross increase in di'bt was
and Comptroller Green has claimed that
1(7,748,337
the old demands existing when he took office,
74,6o9.l!02
Not debt
i>l,8J.'),77a
91,30S.59fi together with the bonds issued to pay dcfteiency in
Temporary debt,. Sl.gn.-n-i 20,,S54,700 21,322.200 State sinking fund, and for up-town improvements,
Revenne bonds. . 9,790,978
2,707,.t00
4,142,925 aggregate more than this whole increase. All unadt'lrtlnis against the city
were nomiThe population of New York by the U. S. census jiiste<l#6,971, M9. a large part Jan. 1875. the Compnally
of which
in 1870 was •I22..53I, against 805,6.% in 18«ii. Since troller claims to
be frstifitilentaiid has determinedly
Jan. 1, 1881, the valuation of property, the rate of opposed. The outstanding assessment l>onds (paytaxation, and the net amount of funded debt have able out
of local assessments on property bciu'iitted)
been »8 follows:
.-Rate tax p.
are represented by advances to contractors, adNet
Real
Personal
$1,000..-^
Fiindca viiiices on Boulevard work, and uncollected local
Tear, estate.
estate. State. City.
debl.
assessment-'.
Extract from Mayor's Message of
January, 1876. is given in V. 2i, p. 61. (V. 20, p. 14,
168l..4C6,9.w,fifi5 I"4.(i2l,3n8 3 fij
16 .35 f an.OBA.WI
29; V. 21, p. 88; V. 22, p. 66j.)
1862..39'.),f).')«,40l 172.418,(131 3 87
13 45
21,6U'',508
1863..402,lR7,.iR2 ini,<t07,18I 4 i7 16 08
yorfo'k.—T^a bonds due April, 1892, are two
i 26,183,190
18«4..410,774,4.'« 22i.9«),5n5 S 31
17 29 -o .<i3.;6!l,601 series— .scrt'*8 1st, is-<ned to A M.
O RR. and
1885..4'i7,36n,8-<4 18:. 42.3. 471 4 !l6 24 94 5 35,97:j,5;)7
Raleigh
Oa.ston RR. ; cries 2d,
private
- 3:i,8.>»,6,S3 Both series are secured by c'ceJto of tru-t parties.
1866..47,<,!C14,n31 2.->7.934,974 3 91
19 06
on city
1837. J>55,4 17,0132 27i;.3-i9, t.ll 4 07 22 0:i
3.',914,4il
property.
Oo;ipons of 1st series are payable at
)S68..(B;i,«8,5VS 285 l'.K),()72 6 li 70 17
«i,H83.6l7 t'itizeiH' Bank; conpons of 2d series at Pe 'pies'
1»6»..«»1,1*),'.I18 28!,142,«ltfi 2 72
19 9H a 47,7'il,8IO National Bank. Tax rate, $1 60; water tax, 40 cts.,
1870.,742,1(18,075 305,28^374 2 70 19 80
r3,37i.5,'J3
(special); total rate, 2 per cent,
1871..7ti9.3 2,230 306,947,23:1 4 43
17 90 « 88,369,388
1872..797,148,0(>5 306,919,422 5 20 3:1 81 V 93,58;, 153
PAitorfeiMfO-— The total funded debt, January 1,
1S7:)..8,36,8j3,3<0 202,91)7,643 5 41
19 SO
106,.30t,471
IS76. was 856,6\5,691 ; guaranteed debt, 8"'.399,400;
1(n4,.Km..'in.!KI.'-> 272.4<I,181 6 95
21 05
11.5.1S7.»C,9
tlo.alingdebl, 8'*.n'I.4:K. Sinking fands, $10.0:10.33U.
I875..883,tH3,HJ 2i;,3a0,lM
10—^ [ n6;77.i,'7ai The net increase of debt in 1875 was only $251,5)9.
Description.
Fundoddclit
99,4!)2.21!1
Sinking fundi... iU.iB2,617
New
Q.-F.
5
521,95,"{
597,580
2,767,000
3,000,000
2,000,000
Orlenoi.
6
3,311,071
399,300
6,319,800
5,185,000
2,748,000
296,000
73,000
890,200
8,156,290
700,000
'
do
do
do
do
do
New York or Ixnidon.
do
do
SAO
New York The
debt of
.lanuary 1, 1978. was $144.622,0fti; the amonnt of
sinking funds ti!7,71'<..'i07. The following atiitemont
shows the details of funded debt, and the amount
in the city (iukUig fund at the dates named:
Jan.
100
100
100
100
100
100
New
3..14],000
Fa.—
Registered stock
Coupon bouds
1874
do
1870
do
tnist fund
1873
do
paving
1873
do
water (a mort. on water worlcs.)
1871
PMUidelphia—
Bonds issued prior to consolidation
do for railroad stock subsidy Rubscript'us
1855
do for water works
1855 to '71
yete York
M.
133,000
911,000
510,000
670,H50
25,925
7,210,020
41,000
215,000
100 Ac.
100 Ac.
A J.
A M.
A I>.
Various
J. A D.
F. A A.
J.
Prtuctnal— Wbaa
Due.
'
bjr
Wtaoni.
J.
175,000
1.000
1871
Cnrrollton funding and iuiprovoiucut bonds.. 1871 to •New premium bonds (In oxcbanKO)
bond.s, doflolt
INTERK8T.
Wbore Pnjrable >ud
Pay'blo
5
nilO,(XK)
1,000
When
7
7
1,351,0.50
1870
1871
Iosscob)
Consoiiduted Kold bouds (tccucral surioa)
do
$1,138,600
1,964,800
57, '67,'70
Street improvcim^n t lumda
do
Ten percent
Value.
Bate.
Bk
1876 to '8.5
\
1876tOlOO»
Total disbursements of the citv for 18TS weroclassifled as follows: Judgments, Ac..
1378.422: interest on city loan. $.3,7»l.s!i6; iutemt
on endorsed warrant.^, SP8.89H; sinking fond*,
$7e'5,899: warrants of previous years, $t,9t7,417;
amount paid on loan warrants. )1.447,8(;^; for the
erection of public buildings. SJ20,41'2; school fund,
$2,4.54: state tax on settlement. (5.^.515: cash for
the departments. t2,:i89,3r7.
The Comptroller's
statement to form a basis for taxation in 1876,
was Issued Nov. 1. 1875, making total estimated
liabilities. $26.296,2S« 64.
Of this amount $9,296.20-3 was estimated to come
from other sources than taxe«. leaving $17,000,060 to
t>e raised by taxes, at a rate of $30 per $1,000 on foil
Tliese estiroates. however, were
city property.
materially reduced by the Councils, and the lax
rate was 'kept ai #2 15 for full city property. Thefollowing table exhibits the assessed valuauoa aad
tax rate In the city since 1870:
f 1.3.448.451.
Real
lear.
Estate,
1870.... ... $170,851,800
1S7I.... ... 49l.8l4,as,.
1872... ... .'Jf2.41.5.KM
1873.... ... 518.2 ;4,568
1874.... ... .•.S9.00:),80S
1875.... ... S6>,8»9,0!»
1376.... ... S85,«»,7(»
Personal
RaleTdz
Estate.
per $1,000
$18 00
18 00
SO 80
$8,188,878
8,5»2,fS6
8,608,819
8,980.700
»,-a»,9»)
9.434,873
10,004,678
•
21
.VI
2200
SI 50
St 50
Is ro large amount of city debt maturing In
the next five years. Assessed valuations for IdTO are:
Full city property. $537,213,282; tax rale, $2 15;
subarimn pro|)crty, *38.031,«73; tax rate, $1 46: farm
property, S20,lf>S,4«; lax rate, $1 12,"^. Populatioo,
1870, 671,022, against 565,529 hi 186a
There
.
.
.
OITT SECDBITIES.
xii
Subserlbera
irlll
confer a ere^t favor bf elrliis Immediate notice of any error dIsooTerad In theae Tables.
DESCRIPTION.
INTEREST.
bate of
Size or
Amount
Bonds.
par
outstanding,
t^or explanations SCO uotesoutli'stpago of tables.
}'hiUtdelphia—( Continued )—
Bonds for bridges
do for park and Centennial
Rate.
Value,
"70
'70
'65
'70
$4,853,500
8,696,100
11,650,000
11,600,350
5,399,400
Water extension loan (coupon or registered^ 1868 to '74
Funded debt and otlier mimicipal Ijonds
1845 to '72
Compromise railroad bonds (coup, and reg.)
1863
Bonds for impr. Penn., &o. (local assessment). 1871 to '73
4,413,400
1,537,286
2,179,149
4,653,700
1859
1868
1862
1860
do for war and bounty purposes
do municipal, scbool, sewer, &c
Guaranteed debt, gas loans
to
to
to
to
.
—
Portland, Me.
Loan to Atlantic
& St. Lawrence Railroad Co.
Portland & Rochester Railroad
do
do
do
do
do Building Loan Commissioners
do Portland & Ogdensburg
Municipal— projjcr
>
In aid Atlantic & St. Lawrence Railroa>d Co )
Providence, R. I,—
Loan to Hartford, Providence & FishkiU RR.
for pul>lic
improvements
Recruiting and bounty bonds
Water loan bonds, gold, coupon and reg
do
do
do
do
do
do
City Hall & sewer loan b'ds, sterling, cp. or reg
Prov.
& Springfield RR.
Koeliester, N. T.
—
bonds, guaranteed.
.
'68.'69,'70
1867 to '69
5Q0 &c,
1872
1867 to '68 i",6b'o
1872
1852-75 500 &c,
lOOO&c,
lOOO&c,
lOOO&c,
lOOO&c,
lOOO&c,
lOOO&e,
1855
1863
1872
1874
1876
1875
1872
500
500
500
1864
500
1865
500
1866 to '67 500
1867
500
1870 to '72 500
1872 to '75 500
1871 to '73 500
1874
Pai'k
improvement bonds
Hospital bonds
House of Correction bonds
Savannah, Oa. —
Construction of water works
Improvement of Savannali River
Savannah, Albany & Gulf Raili'oad
Funding coupons and other pui*poscs
Redemption of bonds
do
do
Bonds for city improvements
Harbor, &c., improvements
For floating indebtedness
SI.
Joseph,
1853
1853
1853
1868
1869
1870
1870
1872
1873
500
500
500 &c.
100 &c.
500 &c.
1860 to '69
500
1869
500
1858 to '69 100 &c.
1871
500
431,500
150,000
299,400
500,000
500
1,000
1,000
Mo.—
to St. Joseph & Denver City RR., 1869.
do
Missoiu-i Valley Railroad
Bonds
Bonds for various purposes
Bridge bonds
St Louis
—
Renewal and
floating debt bonds
1846 to '71
Real estate, buildings and general purposes. 1840 to '68
Street improvementljonds
1851 to '66
Water work bonds (old)
1856 to '58
Tower Grove Park bonds (gold)
1868
bonds
Sewer
1855 to '69
Harbor and wharf bonds
1852 to '68
New water work bonds (gold)
1867 to '70
do
do
do
1872
Renewal and sewer bonds (gold)
1871 to '73
Renewal purposes, gold or sterling
1873
Renewal and improvement bonds, gold
1875
Renewal, &c., bonds, gold or sterling, coupon
1874
Bridge approach bonds (gold)
1872
Anticipation bonds
1876
St. Louis County—
Renewal bonds, coupon
1867 to '71
Bonds
to railroads,
coupon
1,000
2,010,000
1,260,000
166,000
337,000
346,000
914,000
1,219,000
3,950,000
1,250,000
680,000
1,074.000
657,000
2,072,000
401,000
1,200,000
1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
County J all
General pun>oses, gold
Renewal, gold
Park bonds, coupon, gold
County l>onds
St. Paul, Minn. —
Revenue bonds
Preferred iionds
8 per cent bonds
ijake Superior & Mississippi Railroad
St. Paul & Chicago Railroad
Public Park (Como.)
1868
499,927
67,210
203,125
200,000
100,000
100,000
500 &c.
1,000
O.—
General fund and deficiency bonds, coupon.
Toledo & AVoodville Railroad, coupon
Various City purposes, coupon
do
do
do
do
do
do
coupon
Floating debt,
.
Water works
Short lionda, chargeable on special assessm'ts
'70,'71,'74
519,500
453,000
45,349
589,500
45,000
98,000
1870
1859-'65
1859-'74
1869 & '73
1867
1873 & '74
1,000,000
1873-'75
&
m'nthly
A.
6
J.
M.
J.
J.
J.
J.
J.
5&6g.
5
g.
5g.
728,000
& O.
& J.
& 8.
& J.
& J.
& J.
& J.
& J.
1876
1885
1893
Jan., 1900
Jan., 1900
July 1, 1906
July 1, 1895
1892
do
do
Boston, Prov. and London
N. Y., N. City Bank, & Prov.
do
do
Loudon, Morton, Rose & Co
do
do
& J.
San Francisco,
7 g. Various
do
7g. A. & O.
do
7g. J. & J.
do
M. * N.
do
A. & O.
do
A. & O.
do
J. & D.
do
do
g. J. & J.
M. & N.
do
%' J. & J.
do
F. & A. New York and Savannah,
7
M. & N.
7
do
do
7
J. & D.
do
do
7
J. & J.
do
do
M. & N.
7
do
do
7
J. & J.
do
do
M. & N.
7
do
do
7
J. & J.
do
do
J. & J.
do
do
7
J.
6&
7
7
10 & 6
10
6
6
6
6
»
Various N. Y., Nat. B'k Commerce,
M. & N.
do
do
Variou.s St. Joseph and New York,
J. & J. N. Y., Nat. B'k Commerce,
Various
Various
Various
Various
F.
&
^.
Y., Nat.
Bank Republic
do
do
do
do
do
do
A.
Vjirious
Various
do
do
do
do
do
do
& D, New York and St. Louis.
& O, N. Y., Nat. B'k Commerce,
Various
do
do
New Y^ork or London.
6g. M. & N
do
do
6g. M. & N
do
do
6 g. J. & J.
6g. J. & D, N. Y., Nat. B'k Commerce,
J.
A.
Jan.,
Sept.,
Jan.,
1878 to 1903
1893
1876 to 1902
Jan. 1, 1903
1905
1, 1888
1877 to '78
1, 1883
July 1, 1894
Mayl, 1895
April 1,1881
Oct. 1, 1887
Junel,1882to'90
1897 & 1904
Nov. 1, 1891
July 1, 1894
Jan.
Oct.
Feb., 1878
Nov., 1883
Dec., 1888
Feb., 1888
Nov., 1879
June, 1890
Nov., 1900
Jan. 1 1902
July
1,
1903
1880 to '89
Nov., 1889
1878 to '89
1891
1876 to '91
1876 to 1906
1879 to '86
1880 to '83
Aug., 1878
1876 to '89
1877 to '88
June, 1887, to '90
1, 1892
1891 to '93
Nov. 1, 1893
May 1, 1895
July 1, 1894
Dec. 10, 1892
April
7
7
««•
7
6g.
6g.
6g.
12
&7
7
8
6
6
& J.
& J,
& J,
M. & S,
J. & D,
J. & J.
A. & O.
M. &N.
M. & N
M. & N,
Various
J. & D.
J. & D,
N. Y., Nat. Bk. Commerce,
&
&
O.
New York,
N.
do
do
do
do
do
do
do
J.
J.
J.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Paul and New York.
do
do
N. Y., P. M. Myers & Co,
St.
N. Y., Farmers' L.
& Tr. Co
1877
1878
to
to
1881
1880
1, 1887
Sept. 1, 1883
July
June. 1892
1893 to 1895
1, 1905
May 1, 1895
April
1876 to '90
1876 to '86
1889, '90, '96
1888 & '98
1900
7
A.
8
7-3
M.
6
F.
8
7
Various
Various
7-3
P.
8
Various
Various
7&8
&
&
1875, 100,800.
properly, $170,415,923; per;onal, only $8,.3SH.2i6,
according to Comptroller's report. Sinking funds,
$»3,a03. PoBulation about 140,000,
Portland, jVe.— The sinking fund March 31. 1876,
was $537.1!!!. The city is protected by mortgages
on At. & St. Lawr. and on Portland & Rochester Railroads, and holds 7,143 shares of Portland &
Ogdensbiirgh stock. Assessed va ue of real estate
in 1873 wa9$17,"T5,3;0; personal, $12,045,713. Tax
rate, $25 per $1,IOO. Population in 1870, 31,413,
against 26,311 in 186'.
Providerxce, 7?./.— The principal debt of Providence
han been created since 1872 for water works. 1'he
floating debt at close of fiscal year SepteniHer 30,
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 $69,000,000. Rate of tax, $1 3;.
San i^ranc.'i^co.— Population by the U. S. census
of 1870 was 149.482, against .56,802 in 1860.
Real
estate in the fiscal year ending June 30. 1875, wa*
assessed at Sl6i,466,177; personal property at $101,76.3,*67; sinking funds raised annnallv amount to
$'34,500.
Tax rate. $1 6 per $100 "for citv and
county, and .61 910 for State purposes.
Total.
1.1,9 910.
All the values for San Francisco are given
in gold.
Savannah, Ga. To provide for floating debt and
maturing liabilities in 1873 and 1874 *4O0,OO0 bonds
were issued and sold in Savannah realizing $314,730,
and leaving only about $136,277 of floating debt
Dec. SI, 137*. The city owns real estate and other
V. Railroad bonds hoM, $500,000. Popnlaby State census,
8. census, 1370, S^gOl
;
—
Providence.
Providence.
H. P.
1875, was $-.>,020,-80. and funded debt, $6,7117 25).
The assesFed valuation of all property in \S7^ was
$122,024,100 against »123,682.>-00 in 1871. Rate of t»x,
$14 50 \xt $1,000. The sinking fund for bonds dne
in 1885, $110,614; sinking funds of 189J, $149,9?S!;
1876 to '91
April, 1877
& J. N. Y., Metropolitan N. Bk.
F. & A. New York and Rochester.
Various
do
do
J. & J.
N. Y., Union Trust Co.
PWfeJurffA.—The total debt Feb. 1, 1875, was 113,533,819, inclnding water loan and bonds, changeable
local iA&seasments. Cash valuation in 1874 : Real
by U.
Boston and Portland,
do
do
J.
on
tion
Pliiladclphla.
&N.
& J.
1907
5
450,000
1,490,000
100,000
500,000
600,000
450,000
2,300,000
500,000
500
1853 to '55
1867
1868
1872
1873 to '75
1875
1875
Insane Asylum
Toledo,
Various
Various
Various
Various
1,000
1,000
Various
1,000
1,000
1,000
1,000
1,000
1,000
•
Various
Various
Various
,
&6
6
198,000
64,500
937,500
368,800
117,000
349,500
534,000
500,000
400,000
1,000
Boston, Foote & French. Nov., 1886,'87,'88
J.
Boston, Columbian Bank.
July, 1887
July 1, 1897
J. &"». Bost., Blackstoue Nat. B'k,
June, 1877
5
5
548,000
108,500
481,500
377,000
250,000
197,000
240,000
385,000
475,000
210,000
150,000
&c.
&c.
&c.
&c.
&c.
&c.
&e.
&c.
&c.
1893 to '98
1875 to 1129
1913
1883 to '85
Various
M.
172,000
750,000
1,065,000
3,182,000
410,000
<tc.
1876 to 1905
6
1,500,000
1,400,000
500,000
1,000
lOOO&c.
Various
lOOO&o.
1876 to 1903
6
1,350,000
2,230,300
375,500
500,000
600,000
300,000
2,000,000
2,000,000
£100
To Genesee Valley Railroad
To RocU. & State L. and R. N. & P. Railroads.
For various city improvements
Water works loan, coupon and registered
Fimding loan
1875
„
San JfYanciseo—
Bonds of 1858, coupon (gold)
1858
San Francisco & St. .Jose RR., coupon (gold)..
1862
Judgment bonds, coupon (gold)
1863 to '64
Central Pacific Raiboad, coupon (gold)
Western Pacific RaUroad,
do
do
School bonds,
do
do
Judgment bonds,
do
do
School bonds
f
{
Principal— Wben
Due.
Whom.
7
787,000
700,000
450,000
570,000
1,000
Wliere Payable, and by
Pay'ble
J.
J.
J.
J.
J.
6
6
6
6
4
When
& J. Phila., Far. & Mech. N. B'k.
& J.
do
do
& J.
do
do
& J.
de
do
& J.
do
do
A. & O.
7
Pittsburg.
&7 Various Pittsburg, Phila. & N. Y,
&5 J. & J. New York, B'k of America,
6
6
T^ittslnirgh—
Bonds
[July 29, 1876.
A.
A.
1876 to '88
May, 1900
1877 to '84
1876 to '89
1878 to '79
Aug. 1, 1877
'94
1893
1876 to '81
property valued nominally at about
ife
$4,237,600.
Assessed value of real estate, $11, 000,000. Population in 1870, 23,235, against 23,292 in 1860.
St. Joseph, J/o.— Population in 1870 was 19,565,
against 8,!f32 in 1360. Assessed valuaticn of property,
811.000,0;10; rate of tax, -23 mills.
St. £oi/fe— Population by the U. S. census in 1370
was 310,861. against 160,773 in 1860. The city and
county governments and finances are separate.
Total funded debt. Mar. 13, '.8rB, $16,318,000. Floating debt, Oct., 1875, was, $622,000 due Gas Light Co;
$3i'0.O0O Treasury wairants; and $105,000 due sinkin? fund. Taxable valuation of city property, 1875,
$160,125,700; tax rate is 2 per cent. (V. 23, p. 51.3.)
St. Paul, /l/inre.— Popnlation in 1370 was 20.030:
in 1875, by State census, 31.2.17. Assessed valuation
of taxable property, $13,194.i85. or about one-fifth
of the actual value; tax rate, 14 mills. (V. 15, p. 626,)
Toiedo—VawinA debt, -Tan., 1876, $2,828,754; increase during 187">, $186 81". Di'bt payable by special
assessments, $728,030. Taxable valuation of property, $19,798,580; tax rate, $4 44 per $100.
.
.
EAELROAD STOCKS AND BONDS.
July 29, 1876.]
xHI
Sobserlbera will eonfer a (rest AiTor by glrlng Inimedlate notiea or anr arror dla«oT«re4
DESCRIPTION.
Miles
For explanation of column headings,
on first pngo uf tablua.
2(1 mort., $9,000 per mile, not guarantcoU
Receiver's l)ond« or ocrtlUcatcs
1
per
Consol. mort. (guar. D. »%H.) coup.,
ot.
21)0
2i)G
^..
20i
142
142
142
142
142
202
132
yearly)
maybe
reg...
Nebraska — Ist mortgage
cC
<t Santa Fc— 1st
Land grant mortgage, gold (on
Income bonds
Atchison, Topeka
Amount
Outstanding
$1,6(M),000
1,000
1,000
1,000
5,220.000
2,673,000
,200,(X)0
3,5(K),0O0
1 ,0(H),0O0
1
1,000
1,000
1,000
500
!);t.l,()00
2,(M)0,()00
253,000
Ac.
1,000
1,595,000
2,166,500
4,000,000
3,400,000
50
1,000
2(>2
I'a.
2d mortgage, income
Atchison
or
Par
Value.
100
1863
1865
1865
1869
1876
1866
1870
110 1871
1874
"si
1866
48 1871
621a 1871
021a 1874
150 1871
470 1869
1870
(endorsed) 2d mort
Ist mort., Kasfn Kxten., guar, by Fa. KK
Funding income lionds, with trafflc guarantee....
Alejiandna it tYcilricksbur!/—lKt mortgage
Arkansas (Jcnlral—l»t & 2d mortgages, gold
Ashtabula, Youngslown <f- i'l'to.— 1st mortgage
to State
8i7.o,
1871
1860
1869
1872
81
Alleghany Valley—Htotik
Ocueral mortgage
Bonds
of
Road. Bonds
Alabama Central— (!ii-\n\a & M(>riil.)— 1st niort
Alabama <t Ohult.—lntmvrt., Ko\d, guar. l)y Ala
Albany <e SH«ijiie/«m»i(t—Stock
lat mortgage
Albany City loan (sinking fund,
2d mortgage
3d mortgage, Blukiug fund
Date
of
&c., soe notes
mort., gold
3,000,()00 acres)
il,980,000
5,403,i)00
i',6oo
100 &c.
1,000,000
1,200,000
1,500,000
50<) &c,
1,000
1,000
400,000
3,750,000
7,041,000
3,374,000
475,000
3,050,000
502,000
475,000
523,500
412,000
4,248,000
50<) Ac.
500
&.O.
Consol. bonds, gold
Notes
Land
inconic bonds
Pottawattomle bonds (contingent)
Wichita <S: Southwest, (leased) 1st M., gold, guar..
27 la 1872
Atlanta tC Richmond Air Line— l^t mortgage
2651a 1870
Atlanta <t W'tsl i'oin/—Stock
87
Atlantic <£ Great ire«/c)-«—Stock (total $10,000,000)
585
PrefciTcd stock
585
Old 1st mortgage bonds. Ohio Division
Ist general mortgage ($1 8,000.000)
iVio
1871
2d
do
460 1871
do
($12.000.000)
3d
do
do
460 1871
(.$2<»,00(),(K)0)
Leased linos rental gold bonds (CI. & M.)
1872
1S73
do
do
(P. P., p. V. and 8. & A.)
Western Extension certltlcates (CI., Col., Cin. <t I.)
1873
do
Atlantic
do
a Ok//—Common
346
stock
286
1st mort. cousolidatexl, gold (for $1 .5,000,000) ....
2d mort. to the State (no interest till 1880)
Norfolk A Petersburg — 1st mortgage
do
do
let
do
2d
1857
1868
1866
1866
1866
1854
1865
do
500 Ac.
500 &e.
500 Ac.
1,000
1,000
500
133
133
133
214
214
mortgage
2d
do
do
do
3d
do
do
dd
Virginia ifeTcnnessee—Enlarged mortgage
do
do
4th mortgage
do
do
Regist.ered certiticates
do
do
Interest funding bonds
785,976
3,000,000
300,000
464,000
200,000
6,921,900
5,470,000
4,000,000
306,000
157,000
458.000
675.000
621,000
452,500
990,000
963,000
87,811
226,300
8,360,300
10,000,000
1,400,000
7,188,500
2,839,000
500 Ac.
500 Ac.
1,000
1,000
200 Ac.
200 Ac.
l,0O0
1,000
Var'us Various
1869
—
£ PaHflc Common stock
Preferred stock, Missouri division
do
do Central dlvi.sion
Ist mort. (Southern Pacltlc), gold (land grant)
1st mort. (At. & Pac.), gold, on ,500 acres land
2d mort. (At. & Pac, Mo. Div.), gold
Ist mort. (Cent. div. At. & Pac), gold
do
do
do
land grant
Income bonds for funding
ioo
100
500 Ac
1871
1871
81
— Ist preferred consolidated
Atlantic
18,57
81
,t:
do
I
1,232,200
24,795,298
9,870,250
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
1869
1860
81
fjuli'
1867
'58
58
428
428
428
KB. mort. Ijonds
Southern Georgia & Florida, 1st mortgage
do
do
2d mortgage
Atlantic, Migs.
OA to— Stock, (com'n, pref. & guar.).
do
South Side
do
do
100
100
100
bonds
do
Guaranteed stock
Consolidated 1st mortgage
Savannah Albany &
1,000
1,000
328
328
328
1868
1808
1871
1871
1871
1873
2i)3
293
293
35
100 Ac
100
100
100
500 Ac.
500 Ac.
500 Ac.
500 Ac.
2,015,r>00
1,189,000
795,000
599,300
753,000
362,500
1,290,500
450,000
35,128
4,964,872
787,000
1,500,000
713,000
Equipment bonds
Interest scrip (exohaugcablo for bonds)
Plain bonds, s<*.rlp exchanged
1873
1874
-.
Lund debentures
Atlantic & SI. Lawrence— Bto(:k, cuiTency
Stock, sterling
Portland city bonds, 1st mort., sinking fund
2d mortgage, sterling, 5-20 years
Sterling l)onds,
Aitgusta
—^Stock
A
Vhaltancoga.—V.o&A sold
May 3,
1S75,
—
Albatiy cfe SusqueJianna. Tills road was leased for
150 years from 1M70 ti> Delaware A Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Imponant change
term? made in 1876. Consol.
mortgage is for tlO.OnO.CO. of which 3.450,000 is
to retire old bonds, and balance for a part of old
stock and to leest^e for improvements, which up to
m
April, 1876, wore $1,978,672.
(V. 3S, p.
3»!»,
495.)
—
AUighatvj Vallfy. This road was embarrassed in
and compromised with creditors.
"The un-
1874,
di!l)t
operations
1, 1876, was $U7S,Ui).
Abstract of
1875 in annual report, V. 22. p. 3a2.
Jnu.
m
—
Alexandria eft Predricksbnrfi. The Pennsylvania
Railroad holds $512.0U0 of the bonds and controls
the road. Loss on operation in 1873, $25,074.
Arkansas Cfnfral. - Mcst of the bonds were sold in
London, where $600,000 of 2d mortgage bonds were
ajso hypothecated. Receiver appointed, March, 1876.
<V.
S-2,
£100
£100
£100
Ashtahit'a, Youigstotcn <t mis.—U is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, bin lessee guarantees intt-resi on
IM mortgage for five years. Common stock,
Net earnings,
ls73,
484,000
100
1,022,900
Atchisan, 7\>i)eka <t Santa
Fe.—yet
Cent,
A J.
A J.
A J.
J. A J.
J. A J.
M. A N.
A. A O
M. A N.
A. A O.
J. A J.
Jan'ary
A. A O.
A. A O.
J. A D.
A J.
A. A O.
J. A J.
M. A S.
J. A J.
A. A O.
J. A J.
A. A O.
J. A J.
A J.
A N.
A J.
A J.
A J.
J.
J.
V. Sa,
p. a32, 3.>7,
Atlanta
31*
7
6
7
7
7
7-30
5
7or6g
7
8A7g.
,1.
7g.
7
8
7g.
S-
7g.
7
12
7
7g.
8
4
"7
A.
445;
V.
Richmond Air
7g.
7g.
J.
J.
J.
488, 612;
V.
8
&
A
J.
J.
J.
N. Y., B'k of Commerce.
N. Y.,Del. A IIud.Cuu.Co
July
1,
1870
ii>
July, 1888
Mot., 1886
do
do
do
Unr. liil
Aprill, 1000
N. Y.,WlnKlow, I*
A Co. March 1,1806
do
do
do
do
Oct.,
1885
Harrlsburg, Treasury. $100,000 y'rly.
Philadelphia or l/oudou
Oct., IBOl
Pittsburgh.
iko*.
Phlla., Penn. KR.
June 1, leOO
I/ondon A ATnsterdam.
Julv, 1801
N. Y., WInshiw, L. A Co.
1001
Pittsburgh, Penn. Co.
1004
Boston, at Oltlce.
Sept 1, 1800
N. Y., G. Opdyke A Co.
July. 1800
Boston.
Oct. 1, 1000
Bofltoo.
1003
do
do
do
do
77,'78,*70 A'8'i
July 1, 1 002
N.Y.,M.K.Jesup, P.A Co July 1, 1000
Atlanta, Qa., atTrcas'y. Feb. 1, 1870
New York and London
do
do
do
do
Cot. 1, 1876
Jan., 1902
do
do
do
do
Sept.,
Ix>ndon, Co.'s OOlce.
do
1902
Nov.. 1002
Jan,, 1002
Jan., 1003
do
July
Savannah.
N.Y.,M.K.Je»up P.A Co.
do
do
do
do
N. Y., First Nat. Bonk.
1,
Oct.
"s
7
N.Y., First Not. Bank
do
do
do
do
Jan.
Jan.
8
do
1876
6
8
8
8
J.
A
187S
July, 1807
1880
1880
do
do
do
do
do
do
Lynchburg
8
6
6
do
do
do
do
do
1,
1001
1,
1,
July 1,
Jan. 1,
1677
1877
1893
Jan. 1,
Jan. 1,
Jul/
Mob.
Offlcc.
N. Y., First Nat. Bank,
1,
1,
Jan. 1
July
1,
84-'0O
84-'00
se-'oo
1884
1900
1875
1880
A J. N. Y., Office of Comp'ny Jnly, 1888
do
do
July, 1888
A J.
Nov., 1801
do
do
Nov., 1801
do
do
M. A N.
do
Nov. 1, 1001
In 1901
do
do
Dec. 1, 1883
do
J. A D.
June 1, 1885
do
J. A D.
do
Doc. 1, 1883
J. A J.
do
Deo. I, 1883
do
J. A D.
Q-J. N. Y., Offlc* of Comp'ny Jan. 1, 1884
Feb., 1876
Portland.
F. A A.
M. A 8. London, Gr. Trunk Bw. Mch. 15, 1876
Portland.
May 2, 1886
M.A N.
A. A O. London, Gr. Ti-unk Rw, Oct. 1. 1B84
Oct. 1, 1891
M.A N.
do
do
Nov. 1, 1878
M. A N.
do
do
June, 1876
Savannah.
J. A D.
J.
J.
S«- M. A N.
5 KC
g.
10
fig-
1^3
3g.
6
6g.
s«6 g.
31a
and a decrease of net revenue of $54,114. Of the
$15,000,000 loan enough is held to retire all the
old debt.
The company funded one coupon on
earnings. 1875,
1874, but paid subsequent coupons
Funding notes duo 1875 and 187H were
In October, 1875, in London, the company
made a proposal to fund whole coupon thea due,
on consoL bonds, and four-sevenths of coupons due
up to 1881. paying three per <'nt cash on coupons
A bill to forecloee
till 1881, and balance. If earned.
the consolidated mortgage was filed by the tnutees
thereof, at Richmond Va., March, 1876, and in
•lune receivers were appoinled. Extract from President Mulione's circular to bondholders, showing the
financial condition, is given in the Cunosicxa, V.
(V. 81, p. 569. 191; V. 88, p. 110,
22. p. S8f.
380, 3S7; V. 29, p. Mt. 58J; V. 88, p. «8, 85.)
old bonds^lan
.
in part.
issued.
—
t
Ml,
AUan ic <t PaW)t(?.— This was a consolidation, in
PaclHc and 8o. Paellic,
Oct., 1870, of the Allaiitic
The land grant amounts to some 1,000,000 acres.
Interest was passed Jan, .'74, on the land grant bonds,
the 2d mortrage and the interest scrip, bnt conpona
funded.
Dreak in the company's all dm occurred
in Octol)cr. 1875; llie Missouri Pacific lease was snr-
A
A
endered nnd complicated
tic
A
Paciilc
litigation sjrainst the Atlan-
Company commenced.
Receivers weco
Interest of January, 1876, on land grant
bonds was not paid, and interest on the 3d mortnge
bonds of the Missouri Pacific h( also unpaid. The
PacUc
latter were mostly held by the Atlantic
Company. Decree of foreclosure made Jnoe 7,
1S76.
(V. 81, p. 9, 418, 410, 466; V. 82, p. U, IW,
S74, 471, 680; V. 83, p. 85.)
appointed.
ffW^.—Gross earnings In 1875 were
earnings, $820,9^8.
The C m$.'»Oii.()()0 10 per rent coupon notes
outstanding; $4.5,000 .lunctlon Branch RR. bonds,
and $51,500 Bainbridge Kxtcnsion bonds. (V. SI, p.
<t
lias
A
net
469.)
Atlantic <t St. Lawrence.— lnMcA for 999 year*.
from July, 1853, to Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and
—
Of the stock
Atlantic, Mississippi <t Ohio.
$5,815,700 is common, $800,000 preferred, and $3;6.guaranteed;
A
M.
re-organizstion nre in progress, and a considi:rable
amount of sct-uriiles has l>een deposited by holde B with the London Committee. (V. 80. p. 85. 139.
•J89, 499. 592; V. 21. p. 136. 159, 830, 393, 440; V. 28,
p. 181, 3.;, 35i; V. 21, p. 40.)
2;hi
O.
J.
S2, p. 589.)
4S8; V. 2J, p.
Jan., 1889
Jan., 1880
AN.
A J.
M.A N.
M. AN.
7g. A. A b.
31a
7
7
7
7
Atta-'tic it Oreat Western.— This road was leased
to the Erie for 99 years from May I, 1874, bnt the
Shortly after (In
lease did not go into eflfecf.
July, 1S74) defaiUt was made on its bonds. The
la.st annual
rciwrt, to October 1. 1!?;5. will be
found in V. 2/, p. 37'. Proceedings looking to
275,
June, laoi
;:::
I
Atlanta <ft West TAjlaf.— The road has paid 8 per
cent dividends for some years; it has about $200,000
of bonds.
Atlantic
$965,869;
Bank
7
88, p. 15.)
Line.
A
7g. J. A J.
7 e. M. A S,
7g. M. AN
Defaulted in 1873,
and now la liti>;atioa. A decree of sale in foreclosure was made October, 1875. Report of earnings Ac. V. 22, p. 13.'i. (V. 21, p. 14, 85, 3J3, 418,
<f
DlTtdaad.
N. Y., Third Hat.
.r.
7
7
12
Whom.
Payable
8
8
8
$8il,'0r.
Interest is paid on »976.(HI0 of the 2d
consol. mor'gage bonds, bnt on the l>alance of that
issue the coupons are funded to October 1, 1376.
Coupons, due July 1, ou notes, paid half in cash and
hnlf In scrip duel3S». (V. SI, p. 6.1, 136, SiS, 591;
pany also
p. 374.)
$1,500,000; preferred, t400.iXX).
$34,150.
1,000
53
for tl, 200.000, 8nl>ject to lien of receiver's certiflTime to comply cxtmded to Sept. 1. 1876.
cates.
(V. 31, p. 38, 6i, 253, 3(«, 322. 511; V. 22, p. 01, 87,
135, 157, 5il; V. 21, p. i9, 62, S5.)
settled
150
150
1,50
Alabama Centril.—Jn default since January, 1872.
Negotiations pending for a new adjustment.
Alabamt
1868
1864
1871
1853
1.50
do
not mortgages
Savannah
<t
£100
150
do
do
.3d
100
1!J0
! th«M Tabl««.
Soiuf*— Piia«tINTEREST OE DIYIDENDB.
pal, Wbco Do*.
Rat« pel When When Payable, and by MocJw-LMt
the
company,
itself,
holds
the preferred,
$!,441,-'O0
of the common, all
and $Ifi5.700 of the guaranteed stock. G.oss earnings year ending September 30, l«7.'i. $1,781,45.1;
stock.
Alchlsoa <ft .VeJrafia.— Interest was in default
September, I87S, and coupons funded. Gross earnings, 1875, $270,9 >5; not, $27i; unpaid coupons to
Jan., imo, $750,000. Aunuol report V. 23, p. 390.
expenses. $1,108,947; net earnings, $673,505. There
was a decrease of gross revenue by $42,390,
gia for $7:i.(W) per
A ugiista
I
S Savannah.— Lcnatd
about $50,000.
annum
;
to Cenlral of Georhas surplus Kud of
.
.
RAILROAD STOCKS AND BONDS.
XIV
Subscribers
ITIII
mvor hy
conler a great
DESCRIPTION.
odiimn
on flrst page
For explanation
of
Miles
<&o.,
see uutes
Said Exffle VaUeiz—lnt raort., a. f.($5,000per year)
2d moitgaso (:^,000 pel' year)
JBMimorc <e O/iio—Stooli
PrefciTctl stock
Wa.HUinsrtou braucb
lUoan,
sluing Immediate notice of any error discovered In tliese Tables.
51
51
588
;
do
do
sinking fnnd
Pnrcliaseof (,'oiinellsv. KR (payable$10,000y'Iy)
Nortbwest<;ru Virginia, 3d mortgage, 18.'55-85 ...
BalHitiore (t- Potomac Istmort (tunnel) gold
Ist mortgage, gold, (main line)
2d mortgage, income, main line and tunnel
VelleMleit South. /W.— IstM., sinlc'gfcmd, guar
lielni'lei-e We/.— 1 st M. b'ds of 18G2 (guar. l)y C. & A.)
—
do
do
do
do
(
(
•
411
421
92 14
92 14
50
67
)
)
Boston a Albany—Eton's.
Dollar loan
Mortgage bonds 1 809-70
Equipment notes
Now Bedford Railroad bonds
,,.,,,,
Boston, Concord it JfonircaZ—Preferred stocb
Com. stock (for old dividends & new stock)
Sinking fund bonds
Consolidated mortgage bonds (for $2,000,000)
20
43
500
500
160
113
1,000
1,000
1854
l',()00
1,000
1,000
1858
1873
600,000
20,129,282
4,790,000
800,000
2,681,750
400,000
499,600
600,000
Boston (t Maine—Stock
Bonds, coupon and registered
Boston rf New York A ir-Linc 1st mortgage
Boston <e Providence— Stock
Bonds to purchase branches, coupon or registered
Buff.,Brad.<e: Pitts.— Gen. M.,(incl. 10,000 ac. I'd
Buffalo, New York it Erie— Stock
Ist mortgage bonds
—
500 &c.
100
100
100 &c.
100 Ac.
500
.571,500
800,000
1,000.000
624,000
1,309,500
3,250,000
200,000
999,500
750,000
7,000,000
2,000,000
500.000
4,000,000
500,000
580,000
950,000
1,922,000
262,000
200,000
2,582,000
805,500
5,400,000
2,200,000
1,800,000
800,000
2,000,000
2d mortgage
Consol. mortgage
'
'52
1873-4 500 Ac.
1875
1,000
100
63
1873
"2(5
142
140
140
140
121
121
219
94
24 14
31
1,000
100
1857
1,000
$1,000,000)
—
Burlington, 0. liapids <t Minn. 1st M., gold 8. f
Ist mortgage, gold (Mil. div.) coupon or rcgist'd.
Pacific extension bonds
Muscatine western extension
"49
105
150
156
141
141
60
GO
60
31
291
1871 500 &c.
1873
1869
1,000
1872
1,000
1872
1,000
1872
1,000
1874
1,000
1863
4,638,2,50
50 <fec.
308,500
1868 500 &c.
1809 500 Ac.
300,000
1869 500 &c.
290,00<)
1870 500 &c.
407,000
1869 500 &c.
5,715,000
1873 500 &c.
600,000
1872
1,034,000
1,000
1870
1,000 20,000 p. m
1871
2,500,(K)0
1871
3,500,000
1,000
1809
2,2.50,000
1,000
1871
1,600,000
1,000
1,215.550
100
1853
490,000
1,000
500,000
1855
1,000
1867 500 &c.
350,000
1870
9,000,000
1,000
242
242
Philadelphia— Ist molt., gold
1873
1874
Income and equipment mortgage
Barl.it Mo. Kip.— 1st M. on r'd<& 400.000 iw.'s I'd t>3
Bonds, conv. into C. B. & Q, st'k (3d series). §"«
Income b'ds, eonv- C. B. & 6. st'k (4th ser.) ^ ".g
.,. _. — ^.
let mortgage, conv. do. on branch (.5th ser.)'
Convertible bonds, C. B. & Q. st'k (0th sor.)
Burl, it Mo. in Neb.— 1st M., conv., land gr. . ) Coup
> may
Bonds, convertible till Jan., 1882
)berg.
Omaha&S.jW., 1st mortgage, guar
Burl, it Southwest. 1st mort., cp., may bo reg
Cairo it St. Louis Ist mortgage
1
281
I
.
'
—
—
Cairoit Vincennes—\%t mortgage, gold
California Paci/ic—lut mortgage, gold
2d mortg iige, endorsed by (jentral Pacitlo
Catnden it A tlantic—Stock ($838,150 of it pref.).
Ist mortgage
2d mortgage
Camden tt Burlington Co.^lst mortgage
Canada Southern— 1st M., gold, s. f., cp. & rcg
Tol.,Can. S. & Det., Ist mortgage
Carolina Central— 1st moTtg:ige, gold, coupon
Income bonds, coupon
100
143
. .
.'
191
J.
J.
7
M.
M.
5
3
5
6
ObOg.
g.
?1^-
6
Og^'8
6
6
7
1%
5
7
7
"6
7
8
6&7
"(i'
6&7
1,500,0(X)
3,000,0001
3,000,000
-
—
.
:
m
&
&
453, !92; V.
SI, p. 311, 511, 691;
V.
&
29, p. .374. 446.)
Baltimore <fc i'o(om«c.— This is the line of the
Pennsylvania Railroad from Baltimore to Washington. The bonds are guaranteed by Penn. RR. and
Northern Central. Last annual report V. 22, p. 588.
Belleville S S'A//hfrnlllinois.—Lca.seA and operated
by St. L. Alt. & T. II. Co. on a percentage of gross
earnings. Gross earnings, '75, $-279,337. (V.20, p.3-i0.
Beividere Delaware.— S'ock is §935,700. Leased to
United Co.'s of N.J and lease assigned to Penn. RR.
Nctcamings go to lessor. In 1875 net earning^of B.
D. were $22S,4)4, against $4 6.367 in 18T4. Floating
.
debt, 11,245,392.
(V. SO, p. 488.)
Berkehire.—Lpaiicd to Uoasatonic, at 7 per cent
per year on stock.
Boston
lis
AU/ani/.—Tike Boston
&
Albany
is
the
Railroads. (V .21. p. 84, 5U1 V. 2-i, p. 471, 621, 514)
Boston, Concord <£ Montreal.— Ovo^s earnings for
the year ending with March, 1876, were $8U3,3.")4i
net earnings, $182,01-!. There are also $78,000 old
bonds due in 186.5. (V. 22, p. S65.)
;
Boston <6 Xoiceii.— Operated with the Nashua &
Lowell, which receives 31 per cent. (V. 20, p. 65;
V. 22, p. 42 )
Boston <fc jl/rtjn«.— Net income, 1874-5. over interest
payments. $607, ?i7 \ Pools earnings from competing
points with Eastern. (V. 20, p. 14, 614; V. 21, p.
533
V. 2-2, p. 280.)
Boston c£ N. Y. Air Line. Formerly N. Haven
Middlutown & Wil. Road cost about $ii,000,00i,
represented now by $3,0On,000 preferred stock and
;
$1,000,000
—
common.
(V.
2-3,
Ofllce.
&
Co.
Mch. 1, 1902
1910
Loudon.
do
1876-1900
Baltinmre.
Bait., Mech's Nat. Bank
1885
Baltimore or London. July 1, 1611
do
April 1, 1911
do
Jan. 1, 1915
Baltimore.
N. Y., Russell Sage.
Oct. 1, 1890
Ti-enton, N. J.,Ofliee.
1877
Philadelphia.
1885
do
Trea.surer, Trenton,N.J.
Q.-J. Boston, Kiader, P. & Co
M. .fe N.
Boston OlHce.
F. & A.
do
J. & J.
do
M. & N.
Boston Office.
J. & J. Boston, Boston N. Bank
J. & J.
do
do
A. & O.
do
do
&
&
J.
N.
1876,'78 &'80
.I.an.
18S7
1, 1916
July 10, 1876
May 15, 1870
1891 to '92
July 1, 1895
July
1,
1889
&
1881, '82
1884
'90
&
'83
Boston, Suffolk N. Bank July, 1881& 94
May 15. 1876
Boston OlBcc.
J. '&"j.
A.
O,
J.
J.
Boston
1889
Office.
-
—
4B,876,!S;
5,918,060
11,693,935
1S73-4
4,9.34.796
28,567,89!)
187S-3 .... IS, .•52,-41
2't,16r,:»9
10,054,47-J
4.!).33,07a
1871-a
The gross earnings of the main and all leased lines
1874-75 were $14,-126,552, and net earnings,
in
The company claims a surplus of
$4,490,098.
$34,023,566, in the value of its assets above its
stock and debt, which surplus is represented
chiefly by securities of branch lines, received
for advances made by the B.
O. In Dec, 1875,
theoperating contract with Pittsburgh
Connellsville road was ratified, by which 13.
O. guaranties
$10,001,000 bonds. See report in Curoniclb.V. 21,
p.487, and V. 22,p. 44«. (V. 20. p. 18-3. 3S1. 404,
1895
1890
IjOndon.
Baltimore
Ix)ndon, Njvylor
i?-
Bald Eagle Vailey. Leased to Pennsylvania Rail- main western trunk line of New England. In past
road at 40 per cent of gross receipts. "The Pennsyl- three years the following has been Us exhibit:
Total Stock
Gross
Net
vania Railroad holds all the 2d mortgage bonds.
and Debt.
Earnings.
Earnings.
Baltimore &,Ohio. The B. & 0., in comparison
$-.i6,47'i,282
13.'4-5
$7,f.3t,139
$-3,462,147
with its rival trunk lines, claims a much wnialler
25,4'.>2,100
187-',-4
2,411,916
8,9(ai28
...
porpoitiori to the value of its
capital accoimt
24.183.100
2,231,873
property. The grons <'arnings of main stem a"d 187*3 .... 9,798,033
branches, and financial condition of B. & O. Co. $5,0011,000 new bonds were authorized in Feb., 1875.
(V 20. :;. 14, 162, 69i; V. 21, 11. 464.)
for four years were as follows
Gross
Stock and
Boston, Clinton. Filchburg <6 New Bedford.—
Net
Earnings.
Earnings.
Debt.
This was a consolidation
May. 18."6. of the
$10,'.li,178
$4,33i,206
$47,173,134' Bo«ton, Clinton & Fitchburg and the New Bedfor.l
1874-5
m
Phlla.,Farm.
1893
&
do
do
&
Jan. 1, 1875
Boston, at Office.
A. & O
Oct. 1. 1879
do
do
April 1, 1892
7
A. & O,
do
do
July 1, 1896
6
J. & J.
do
do
May 15, 1876
3
M. & N,
Boston, at Office.
Jan. 1, 1893
M. & N.
7
do
do
Aug. 1, 1895
7
F. & A,
New York.
M.ay 15.1876
4
M. & N
Boston, at Office.
July 1, 1893
7
J. & J.
do
do
New York, Erie RR. Jan. 1, 1896
7
J. & J.
313
F. & A.
N. Y., Erie Railway. June 11, 1875
Dec. 1, 1377
do
7
J. & D
do
7
M. & N
do
do
J. & D.
do
do
7
July 1, 1996
S- J. & J N. Y., PaiTU. L. & T. Co
10
J. & J.
do
July 1, 1893
do
M. & N. New York or London. May 1, 1919
Feb., 1902
F. & A.
do
do
Jan. 1, 1909
7 g- J. & J,
do
do
M. & S.
Sept. 1, 1908
do
do
J. &D
Junol. 1904
do
do
V- A. & O Boston and New York Oct.- 1, 1893
Boston, by Treasurer. July 1, 1878
8
J. & J
A. & O Boston and New York April 1, 1879
8
do
July 1, 1894
8
J. & J.
do
July 1, 1889
8
J. & J.
do
do
July 1, 1894
J. & J.
Boston Office.
8
Jan. 1. 1883
do
8
J. & J.
June 1, 1896
do
8
J. & D.
M. & N.
Boston, Co's Office.
May 1, 1895
8
Oct. 2, 1901
7
A. & O.
Oct., 1909
A. & O. New York and lyondon
Jan. 1, 1889
J. & J. N. Y., Nat'l Park Biuik
I- J. & J.
1891
do
do
Camden, Co.'s Office. July 15, 1876
Q.-J.
Jan., 1893
7 g. J. & J. Phila., Farm. & M. B'k
Oct.. 1879
do
7
A. & O.
(io
1897
6
F. & A. Phila. and Mt. Holly.
7g. J. & J. N.Y., Union Trust f!o. Jan. 1, 1906
7g. J. & J.
J. &
N. Y. Office, 4 Broad st. July 1, 1923
April 1, 1914
do
A. & O.
do
3
6
•
1,000
1,000
Due.
Dividend.
.T.
,1.
J.
When
AtocAvs— Ijist
& M. Bunk July 1, 1881
<lo
July 1, 1884
do
Baltimore Office.
May 1, 1876
May 1. 1876
do
O.
AprU 17, 1875
do
J. Bait., Mech's Nat. Bank
1880
O.
Baltimore Ofllce.
1885
J.
&
&
&
A. &
M. & 8.
it J.
J. & J.
M. & 8.
A. A O.
J. & J.
J. & J.
J. & J.
A. & O.
J. & J.
A. & O.
J. & D.
M. & S.
F. & A.
J. & J.
M.
3
pal.
N.
N.
A.
6
6
&
&
&
J.
,
1872
1876
-.
6
$336,900
100,000
13,144,100
4,348,409
1,650,000
579,500
1,710,000
3,398,956
3,253,026
3,872,000
9,198,852
9,570,000
1,000,000
140,000
1,500,000
3,000,000
1,133,000
1.100,000
1,000,000
499,500
745,000
1,000
6y-'70
61-'7^
Bonds
(for
1,000
1,000
1,000
1,000
1,000
100
100
1(30
Boston <£ Lowell — Stock
Mortgage, wharf purchase
<£•
1872
1874
1875
1855
1871
1871
1875
1866
1852
1854
1857
1870
1875
of 1375, coupon or registered
Boston, Clinton i£ Fitchbtirg <£ A'cio Jledford—Htock.
let mortgage, Agricultural Branch
2d mortgage
£200
£100
£200
1871-2
Loan
Buffalo, y. Y.
1861 $100&c.
1804
1,000
100
100
100
1850
1853
1870
1855
21
270
Berl:i!?Ure—iitoSk
iJonrfg— Pi'lnci
Amount
par
1874-5
Sterling mortgage
bonds
Size or
When
Outstanding Rate per Pay'ble Where Payable and by
Road. Bonds Value.
Cent.
Whom.
Loan, 1S.53
do 1870, sterling, £800,000
Baltimore loan. 1855-'90
Debentures, sterling
New
Date
of
of
1850
2d mortgage, bonds of 1 Sol
3d
do
do
1857
Coiisol. mortgage of 1807.
INTEREST OR DIVIDENDS.
I
lieadiugs,
of tables.
[July 29, 1876.
p. 567.)
Boston & Providf nee.— Tht bonds and also $954,000
notes have been issneti for purchase of branch
roads. Total income, 1874-5, $1,581,2.58; net, over
operating expenses. $l4r,«.'S6. (V. 21. p. St.O.)
Buffalo, Bradford <6 PUlsbnrgh—VndeT perpetual
lease to Eiie ati $40,6;:0 p; r vear.
&
.Eri".— Leased to Erie in
Buffalo, Neil) York
1863,"ior 490 years, at 7 i)er cent on stock and intei-est
and sinking fund on bonds.
In 18T3 Ei-ie bouLiht
$500,600 of the stock at $1.)0 per share. (V.20,p. 61 ,«l 4.)
Buffalo, Neto Yo-k * Philadelphia.— Tttis is the
connecting line of the Philadelphia & Erie with
Buffalo. In 18T4 the net earnings were $188,813.
.7.
Burdngton, Cedar RajAds
<S
Minnesota.— la J874
default was made
was made Jnne 22.
22. p.
35
in interest. Sale in foreclosure
18T6. (V. 21, p. 86, 277, 591; V.
0, 374, 495, 667; V. 23, p. 15.)
Buiilngtmi cfi Missouri Biver.—Aji agreement of
consolidation and a perpetual lease to Chicago, Bnr.
& Quincy, was made in Oct., !8j'2. In August, 1875.
stock of Chic. Burl. & Q. was issued in place of
stock of this Co. and for convertible bond-'. Annual
report V. 20, p. 33 5. (V. 3J, p. 139; V. 22, p. 87.)
Burlington it Missouri in Nebraska —The stock i8
$8,583,75-1.
A report of company's operations, ifec,
to Jan. 1, 1376, ha" not been pubhshed, but we
have the earnings in 1875 as $72:3,843, and expenses,
$351,643. The total land sales up to Jan. 1, 1876,
amounted to 731,164 acres for $o.3.3-5,6T5, after de(V. 20, p. 289, 593; V.
ductions for dead contracts.
22, p. 471.)
Burlington t6 Southwestern.- TK:S&a\teA Nov.. 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo & St. iouwf.— Defanlted in 1873 by failure
to receive town and connty bonds. Road completed
Fcbrnary, 1^75.
(V. SO, p. 266, 318; V. 21, p. 31,
V. 22, p, 3«.)
441
Cairo & VrncennaJ.— Defaulted in 1874. In hands
of receiver. (V. 20, p. 499; V. SI, p. 63, 302; V. 22,
;
p. 44-i.l
California Pacific. - Extension bonds of $3,500,000
and incomes of $1,0-0,000 have been in default, but
(V. 21. p. 315.
nroiiosal offered hy Central Pacific.
a
Also V. 20, p. 5 6; V. 21. p. 169, 277; V. S2, p. 181,
495, 61 e; V. 2:3, p 62.)
830,
Camden
A
Atlantic.— T<iet earnings, 1875, $207,642.
Camden <6 BwUngton Co.— Leased t> United
Companies, at 6 per cent on $352,000 stock.
Canada Southern.— Detanited January, 1874, and
coupons funded, but interest not pai-i July, 1S7."7.
In .January, 1876, passed into N. Y. Central control.
(V. 2i. p. 159; V. 22, p.
16, 891, 5ri7.)
Carolina Central.— VoTmer]:/ Wilmington, Char& Uutherfurd. Passed nUercst January. 1876..
lotte
(V. 20, p. 15.)
—
. .
EAILROAD STOCKS AND BONDS.
Julj 29, 1876.]
Snbsorlber* will Conner
icreat
faror br kItIok Immediate notlee of anr error 4laeoTered In Ibeae Tables.
DEaCRimON.
of
of coluniu lioaillngit, &c., see uotcB
Rood.
on llrHt paso of tiibleH.
Oalawisaa—Commim HtoOk
pnr
$50
Oliii ttcl
40
1872
1871
14
01
1864
1866
i'oo
rf:
274
128
70
ft:
Preferred stock, 7 per cent
mortgage
1861
1863
1866
58
do
do
140
295
615
Central R. R. li Bank, (lu.—Stack
General mortfiiigc (Joint) bonds ($5,000,000) coup.
Mucoii & Western bonds
50
"
luurtsago boudB
New niortgiige
Bonds
$1,1.5!)„500
1,(MK>,(KM)
2,2O0,()O()
'
ibo
65
Cayuga — l8t niortgjiKC, gold
Ouuuya i£ iiusmtrMannu — Stock
Veilaf Falls
J/iii/i.— Bonds on Ist dlv. sink. fund.
Bunds on 2d diviHion, sinking fund
Cedar Kuitidi
Mimouri—Comuxou stock
1872
1870
1,000
1,000
1,000
1,000
100
230,500
20!),8.>0
1,300,000
800,0(X)
500 itc.
500 Ac.
100
100
500 &c.
500 &c.
500 &c.
100
—
I.
st
231
231
291
74
mortgage ^old, coupon
mortKage, gold. $4,000 per mile
New Jcrup)/—Stock
Central of
Mortgage l>ondH
Bonds ((convertible Nov., 187.5 to 1877)
Consolidated mortgage (for $2,5,000,000)
Newark &. New York, l.>it mortgage
Leliigh
& WilkoHbarre Coal
do
do
Am. Dock (t Imp. Co.,
—
97
7
Vm., Ist mort. guar
Consol m., coup. guar.
1869
1871
1st mort., guar. Cent.of N.J.
Ccniral Oh io Common stock
Preferred stock
500 &c
600,0(X)
1,000
1,000
10,000,000
5,000,000
3,000,000
2,437,950
500
Ac,
1,000
£200
137
50
137
50
137
1,000
1st mortgage bonds
100
1213
Oentrai i'«ci/(c—Stock
742 1865-8 1,000
Ist mort., gold, (sinking fund, if.'iO.OOO per year)
50 1864
1,000
Subordinate lien. Caliloruia State aid, gold
138 1862
Bonds, (foi'mcrly convertible into II. S. lionds).
146 1870
1,600
1st mortgage on San Joaiiuin Valli'y Brancli, gold
742
U. 8. Loan, (2d lien on certain terms)
i',6'o'o
158 1869
Western Facilic, l.st mortgage, gold.,
123
do
Government iicn
I'.wk)
152 ise's
Cal. & Oregon, Ist mortgage, gold (guar by C'.P.).
1,0(X)
153 1873
<J. P., Ist mort., on C. & O. Br. ($7,200,000 g.)...
1,000
20 1870
San Francisco O. & A., 1st mortgage ($1,500,000)
1870
1,000
Land bond.-* on 11,722.400 acres
85
Charlotte Coliuiihiu d- Anyasta — 1st m. (C. & A.)
consolidated
195 1869
do
1872
1,000
2d Mortgage
"23 1871
1.000
ChartUr.1— 1st mortgage
21
1869 500 &c.
dhesapeakc-a:6/no^l<'iuiirr^.'^^..¥^?Fh'>'>^''^^'*'Ist mortgage sinking fund gold
180U
1st mort. exten. (2d on 427 miles) c<nip. or regd..
1872
1,000
Debentures convertible into 2d mortgage
1872
1,000
1st mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
.
m
Income mortgage, (Virginia Central R.
Funded iutcresi, coupon bondsIncome bonds (for funding)
R.,)
coup.
1874
O/iM/n'rc—Stock, preferred
Bonds, not mortgage
Chester Yallep Isl mortgage
Chicago (£- A //o»— Common stock
Pieferrod st'ck (7 i>. c. y'rly not cumulative)
64
—
.
. .
.
General mortgage, sterling, for $8,000,000
1st mortgage
Income bonds (a 1st lion on Income)
Jolict & Cliicago, 7 per cent, stock
do
do
1st mortgage, sinking fund
St. Louis Jack. & CU., Ist mortgage
do
do
1st mort. assum. by C. & A.
do
do
2<1 mort. assum. by C. &. A.
do
do
2d mortgage
Louisiana & Mis.souri, Ist mortgage
Chicago tt 111. Kiv., 1st mortgage, guaranteed
Chicttgo, Ilurlinytond- 9i/i>jrj/— Stock
Ist mortgage, sinking fund, (trust)
ConsoUdatoil mortgage coupon, (for .$30,()00,0(X))
Northern Cross It. R. 2d. mortgage, gold
Trust mortg.age Burlington to Peoria)
Plain bonds (c<*upon or reiristi»red)
825
466
825
100
96
(
Coioiflw,!.— Leased to Plilla. A Read., Oct., 1872,
preferred stock dividend to be 7 per cent
1875-6 and afterward. (V. 20, p. 381.)
New
In
Cayuga.—The Cayuga Lake road was sold nndor
second mortgage, and this Co. organized. (V. 19, 0.
sro.)
1861....
1861
188!).
1870
1*71...
earnings over
1858
1873
'ibo
1,000
1,000
$1,9J1,978
<6 jMjMOttrt.— Leased to
.
.
,
&
Nortliwcstern at 1700 of first $1,500 gross earnings
per mile; one-third of the next $.*1,000 per mile, and
onc-fiftU of all above tliat. (V. 2 ', p. 102.)
Central Railroad <£ Bank. On.— Leases several
roads, and g^a^antec.^ $l,4!r2,50') of bonds,
in
April, 1875, purchased one-tialf interest in Western
Railroad of Alabama at foreclosure Siile.
(iross
earnings year ending Sept
I, lsr-5.
(2,8 O.MS; net.
(V. 20. p. »S», 335, 398; V. 21, p, 372,
lll,i99.8Sl.
417;
V. 22. p. 801.)
Ceniral of
/»wa.— Decree of
sale in foreclosure
made
Oclober, 187.5. (V. 20. p. 15, 85. 23). 548;
SI, p. 85, 8!t3, 417, 466, 511; V. 22, p. 110, 495.)
V.
Central of New Jersey.— The annual report for
1875 was given in Vol. 22, p. :^!i6. 8howin<:
fross earnings of $7,411,8 6; net, *3.a8J,!IO«. Diviends in 187.5-0 partly paid from previou;* reserve.
On large decl nc of stock in .Innc, 18T0, the president issued a circular, s'atiug that the company was
earning we'l, Ac, bat giving no Hirnrrs. Of the consolidated
irtga»'e sufllcient will be held to pay all
the prior itsues. ite uding convfrtib'ei.
This Co.
sttfo assvunos ^2,8l0,iO0 of Lehigh Coai & Navigation
Company's debt and $ 15,7113 of the Railrond Car
Trust Company.
The following tabic shows the
receipts, expenses and net earnings, from the beg^.
m
25,883,000
1,.
500,000
1,483,000
6,080,000
25,885,000
2,735,000
1 ,970,000
6,000,000
1,291,000
500,000
0,436,000
193,500
1,806,500
500,000
500,000
300,000
15,898,401
";42S,888
66,000
100,000
902,000
300,000
160,500
1,220,331
2,153,300
774,600
500,000
9,9,37,800
2,425,400
3,893,200
2,383,000
1,087,000
1,500,000
336,000
2,365,000
504,000
188,000
360,000
2,120.000
700,000
27,513,842
2,719,000
9,916,000
941,000
078,000
2.135.500
g.
41.J
7
7
1
3Hi
7
7
7
5
7
7
7
g.
2>a
7
7
7
7
««
7
Uivldend.
& N.
FliUadcliilila.
Hay 10, 1870
& M.
do
May 10, lg7e
& A.
do
Feb. 1, 1882
& A.
niiladelphln.
1 888 to '80
A A.
do
Fob. 1, 1000
J. & D.
New York.
1001
J. & J. New York, 44 South «t. July 1, 1879
A. & O. N.Y.mI. 8. Kennedy ic Co April 30. 1884
do
J. & J.
do
Jan. a. 1007
Q.-F.
Boston, Trcnsuror.
May 1, 1870
F. & A.
do
do
Feb. 1, 1870
F. & A. N. Y., Nnfl Park Bank Aug. 1, 1801
F. & A.
do
do
Aug. 1, 1804
M. & N.
do
do
Uny, 1016
Bavann.tli, Ga.
June., 1873
J. & I).
Jan. I, 1803
J. & J. Now York & Savannah
A. & O.
Buvanuah, Ga.
Oct., 1880
'*"j.
July 15, 1809
J.
New York, Ofllce.
A. & O.
do
do
April IS, 1001
Now York, at offloe. April 10, 1876
Q.-J.
F. & A.
do
do
1800
do
Nov., 1902
M. & N.
do
do
do
jQly 1, 1809
Q.-J.
1887
J. A J.
do
do
London.
Feb. 1, 1899
M. & N.
M.
Q.-M.
J.
J.
J.
ic
&
3
&
6
M. &
Ig. A. &
6g. J. &
J. &
&
I- J. &
A.
J. &
J. &
!]«•
212
eg.
««
7
7
7
7
J.
J.
A.
J.
J.
&.
O.
J.
J.
J.
O.
J.
J.
J.
J.
&
&
&
O.
<t
J
J,
J.
J.
J.
J.
&. J.
&
&
&
6
8
8
& J.
A J.
4
M.& a.
M.& B.
4
6g. J. A J.
J. A J.
7
A. A O.
1^ Q.—J.
8
J. A J.
7
A. A O.
A. A O.
7
7
J. A J.
.L A J.
7
N. Y., Fisk
Nov.. 1800
July 1, 1903
Julyl.'77to'92
do
do
do
do
loan
1884
1870
1877
1893
July 15, 1875
Boston.
do
A
187f-'80
'96
May, 1872
Mch. 1, 1876
Mch. 1, 1870
IyondJu,J,8.MorganACo. Oct. 1, 1903
Jan., 1893
N.Y.,M.K.Jesup,P.A Co.
Jan., 1883
do
do
July, 1876
N. Y. U. 8. Trust Co.
N. Y.,M. K. Jesup. P. A Co. ^ulr, 1882
April. 1894
do
do
April 1, 1804
do
do
Jnly. 1898
do
do
July. 1808
do
do
Aug., 1900
do
F. & A.
do
M.AS.
A J.
& J.
J. A J.
^«A. A O.
1..3'0,2iO
1901
1.
Dec. 16, 1899
Philadelphia.
N.Y.,M.K.J08ur,P.A Co,
do
do
.T.
J
Oct.
Hatch,
do
do
do
J.
i,28;.a.58
A
30,
30,
Sept.,
ao
N. Y., Am. Exoh. Bk.
M.&. N.
5
8
1,305,631
Bank.
do
ao
J.
J.
7
7
do
iD
I'-
7
7
1870
1870
1800
Oct 1,1875
N. Y. & San Francisco.
1895 to -08
N. Y., Fisk & Hatch.
Sneram'o State Trea«. July 1, 1884
Jan. 1, 1883
N. Y., E. Kcllv A Co.
Oct. 1, 1900
N. Y., Fisk A Hatch.
1895 to '09
U. 8. Treasury.
July 1, 1809
N. Y„ Hsk & Hatch.
1890
U. S. Treasury.
Jan. 1, 1888
N. Y., Fisk i Hatch.
Jan. 1, 1802
do
do
July 1, 1800
do
do
do
Oct. 1, 1890
do
1800
N. Y., Nat. City Bank.
1895
N.Y.,M.K.Jo8up,P.&Co,
June
June
O. office.
it
A. '& O. Phlladeliilila,Penn R.K.
N. Y., Metropolitan Bk
J.
&
7
2
6
7
do
do
8. Bait., We.8t. Natl.
'&"j.
,r.
N. Y.,Cent. RR. of N.J. June 1, 1900
J.
D. Bait., at B.
D.
do
"6g. M.'& N.
1.817.268
1,472,378
2,-379, 19
When Dne.
Sififki-IjaKt
F.
F.
F.
tl,ia7.24l
I.«78,0!2
lloHHt—Ptinelpal.
by
M.
31a
1.96i,!l7U
3 729,413
4 010,121
,
J.
A
N.
Bk. of Commerce. Bfnr.l.'S,
Jan. 1,
do
do
July 1,
Boston ofllce.
July 1,
Frankfort.
N.Y., N. Bk. of Com'rce.
J.
1876
Y'.,
Boston. Co.'s
Chisapeake
<t
office.
0*!o. -After
Oct.
I
the
Jan.
1,
1,
panic,
188'3
1003
1890
1800
1896
defanit
was made on
interest.
Net earnings in 1874 75.
Receiver appointed October, 1875, and
had for the
foreclosure proceedings will be
purpose of re-organization.
A verv completo
statement of outstanding liabilities ana the plan of
re-organization are eivon In V. 21, p. 568. (See V.
20. p. 188, iy-i, .357; V. n. p. 323. 371, 417. 441. (34,
569, 012; V. 2j, p. 42, 87, 134. «S.i, 875, S9S, £88.)
$146,868.
1.3W.958
.
4,3S8,M4
a.643.163
2,518 217
.
«,>'4I.379
.3,706.141
S,l:;5
.
7,120.718
4,23'i.'-0H
2,8.^3,913
f.BSI.SIlS
4,215 584
4, MO. 601
4,128,7.7
4,i«i.78«
4,449,0
Chester F'iffey.— In hands of trustees and
Reading. Coupons due 1880, paid
to Philadelphm
8,v8VJ10
May,
.
.
182
1873
1674
1-75
(V. 2i, p. 613;
.
Chicago
54,275,-500
3
7
"7
7
1814,7.12
1,*5 1.554
1,748 4 '4
2,.VS7.18>
S,a36,3!)0
3.5fl.-J44
8.3'0,.193
.
8.5-9.811
7,411,837
,
Cedar Rapids
500 &0.
100
1,000
1,000
1,000
1,000
1,000
1,000
.
Cedar FaU» it Minnesota.— Le&scd to Dubuque &
Sioux City, and sublet to Illinois Central at tL.'iOO
all
1,000
1,000
1857
1864
1864
1868
1868
1870
,
18i>5
per year.
per mile yearly, and s per cent of
$.3,500 per mile.
1873
1863
1862
411,5.50
2,500,000
j
nCTEREST on DlVrDENDS.
When Wkeru parable, nad
cenr Payuble
\V'hom.
ning of 1863 to the present time; includlnj. since
1870, those of the Lehigh & Suttquehanna Division
Expenses, Net earn'gs.
Receipts!
>9w!ji«Aa«T<o.— Leased iu perpetuity to
Delaware, Lacknwnuua & Western. Dividends, 9
<t
ibo
100
1.000
1886...
1867
1-6S
Cayuga
100
500 &0.
2IJ3
649
049
322
220
220
38
38
150
37
37
150
101
6,8.50,400
1,000
1,000
1,000
1,000
100
1869
1872
1874
1867
1874
1875
589,110
1 98,000
1,334,000
709,600
700,000
582,000
2,332,000
7,500,000
2,287,000
1 50,000
300,000
3,700,000
925,000
20,525,000
5,000,000
4,475,000
15,000,000
for steiinisbi|>s
Central of Iowa
Amount
Bonds Value. Outstanding
100
Ist mort^^u^e buud^s
'2d
Size, or
preferred Btoek
Old i)referred stoek
1st
Date
of
iMiloa
For explaiiation
New
XT
V.
1,S;8I,297
235
1
*
1:76.
23, p. 62.)
Central O/ib.— I^easerl to Balt.A Ohio RR. in 1866
for 21 years, rent 35 per cent of gross receipts for 5
years, and 40 after. Pays 8 per cent dividends.
Central /"aci/Jc.-Gross earnings in If 74 were 114,r)31,:«5 (currency), and not earnings $s,682.3<8. Lane!
grant statement, V. il, p. 138. An abstract of the
annual report for 1874 is uivcn in the Chroniclk.
V. 21, p. as I
Gross C!irniniis. '7.5, 17,02:, Ol."!; exA setpense*. $7,417 914; net carnincH, $9,' 03,071
tlement with bondholders of California l*acific has
been proposert, uith a guarantee of certain new
lionds. 'rrnstces of land moriea^re offered to pnrch^ise $5 0,000 In Jnly. t-,',6. (V. 21. ]). l.W, l8-<; V.
22. p. 61,233, 352, 471, 521, S45, 013; V.23, p. 86 )
.
Avgusla—S\Qt:k is J7,578,COO.
Net earnirgs in the year ending September 30,
1S75, $2,50,'i(!4, against $ 85,73! the previous year.
Floating debt retired May, 1876. (V. 21, p. 590; V.
Charlotte,
DirlCheshire.- f!et Income. 1874-75. »76,!«7.
deuds, 4 per year. (V. 18, p. *95; .V. 81, p. 59 u.)
Columbia
<t
1.(4,471.)
Ch'ir'Mra.-^iBaaeA to Pitts. Cin. A St. Lonls, and
oncrateti by Penn. Co. Net earnings go to lessor
22, p.
in 18:5, $;4,727. (V. 33, p.
Cherry V~llev. Shar.
619.)
di /i;.— Transferred to Dela-
ware A Hudson Canal Co., April, 1875.
unpaid la December, 1875. (V. 29, p. 401.)
luterest
Chicago <* Alt'^.—The report for 18':5 Is given at
lon"th in V. '^2. p. 855, and shows eroaa earnings of
»4.r.56.78.S. and net eaniinps of $2,052,6 8, against
$2.336,t-76 in 1S74. Jolict A Chicago RR. Is leased for
interest on stock and bonds. St. L., Jack. A Chic.
Railroad liasod at $i4(',000 per year. Ix>uisiana A
Mo. RR. built and operated under contract. fSeeV.
The Chicago A Illinois
19. p. 4^9; V. 20, p. 129.)
River bonds had not been sold to Jannary, 1876,
and there was some litigation. (V. IS. p. 850; V. 19.
p. 16, 479: V. 20. p. 176, 865, 889, 5C0; \. 81, p. 1*5,
612; V. 22, p. 25S.)
Chicago, Biirllnglon <t Quinw.— Stock was issued
exchange for that of the Dnrl. Mo. Hirer 'n Sept..
Gross earnings for 1875 were $ll,79l,«l; expenses, 9'i,1.30.I'22; ni't earnings, t5.36i,«a8; intereet
charge. $2,014,709. The O. IV A Q. leases nnmerons
branch roads, giving ihcm a tralHc guarantee (nsoallr
40 or 50 p ct.) for purchasing their bonds. EnoagU
of the consolldaied nioiteage Is reserved to lake np
In August. 1875, sto<k of this
prior debts.
Company was Issued in exchange for Burlington
Missouri llivcr Railroad stock, and the same is al*<»
eiven for the convertible bonds of Burlington
Missouri River Railroad. (V. «\ r l.'i. 3?, M, IH.
335, 499: V. 22, p. 231 ; V. K, p. 63.)
in
1875.
•
*
.
RAILROAD STOCKS AND BONDS.
SVl
[July 29, 1876.
Subscriber* will coiifor a great ntvor by givlns Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Date
Size, or
of
&c., see uotcs
of
Par
Koad, 'Bonds
A
1875
1869
1869
1868
1868
1870
1870
1870
1869
1875
1872
1867
1871
1869
1872
1871
1871
.51
31
m
70
44
40
43
—
Chicago^ Oincinmtli tt: Loitispiilc 1st mort
Chic, Ctin, d- l)Hb. Ist mort., coup,, rcgis'blc
Chic, Vanv. i£ Via. 1st mort., gold, siuK'g t'd
Indiana extcn., lat mort., gold (2dniort on lllni)
Chicago, DnbuqHe tC- Minnesota Ist mort
Chic<tgo i^ Iowa 1st mort., coup., may be reg
—
—
73
(iO
114
21
131
—
—
80
82
82
82
Iowa Nebraska— Stoclt
2d mortgage (now 1st)
3d
do
(now 2d)
Ch ic it itich. L. SAoi-e— 1st mort
Coupon,
;
but
1st mortgage
1 st mortgage
may be
registered.
1st mortgage, on branch
J
Chieaf/o, itilwaukec i£ A7. Paul- -Com. stock
Preferred st'ck (7 p. c. y 'riy, not cunuilati ve)
Consolidated mortgage (for $35,000,000)
1 st mortgage
2d mortgage
Ist mortgage (Iowa& Minnesota)
Istmortgaijc (Miimcsota Central)
1st mortgage Iowa & Dakota)
1st mortgage (Prairie du CUien)
2d mortgage (Prairie du Chicn)
Milwaukee & Western
St, Paul & Chic. Ist mort., $ & £ (oouv.)
1st mortgage, Hastings & Dakota
Ist mortgage, Cliicago & Mil. line
Equip. & brulge bonds (may be jiaidiu 1878)
Westcra Union, 1st mortgage.
Chicago t£ Not'thivestei^n^—CouiVtiou stock
Preferred st'ck (7 p. c. y'rly, not cumulative)
Chi^xigo,
t£-
19.')
(
1,000
19.5
53
(
23r)
235
130
75
85
197
1,000
1,000
1,000
1,000
1(K»
—
64
674
359
Branch
2d
:U1
(Joneol.
mort. (for $3,000,000), sink, fund 1 p. c.
Cin. Ham. At I. (Juuctiou) RR., 1st mort., guar...
Cincinnnii, Lafaiietle rf Chicago— \si mort., gold
Consolidated mortgage
—
Chieago &. Canada Southern.— CoimeMoxi of Canada Soulhern. Interest not paid.
2,.500,000
24!y,000
100
-
im'y
1867
837,000
3,674,000
1,315,000
234,000
4,000,000
467,000
1,000
1,000
1,000
.
do
do
1,3.50,000
i',6oo
256
50
60
60
60
«0
60
98
75
75
1871
100
100
100
500
500
1,750,000
3,838,200
568,200
2 11, .500
477,000
3,523,000
1 ,280,000
15,399,261
12,274,483
3,872,427
5,909,000
1,091,000
3,810,000
190,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,459
1,459
.
4„425000
100
100 &c.
500 Ac.
-Bonds, pref. (siuk'g fund), 1st mort., Cbic. to Osb
193 18.59
Tnt<ircst bonds, funded conp., 2d m., Cliic, to Osli.
193 1862
193 1859
iBt mort., general, 3d mort., Chie. to Oshkosh
23
Appleton exten., 1st mort. on 23 miles and land..
Green Bay exten., Ist mort. on 2(5 miles and laud
26 1802
1st mort.. Galena <fe Clii<ago Un. RU. extended
248 1853
Mississippi River liridgo b'ds, lieu on net earnmw
Elgin & State Line Riy'V"?'* b"">i=. ..............
74 1863
1st m«"'*- <r«ii'n3tdar RR.) on roads and lands.
46 1863
isi mortgage (Beloit & M:ulison Railroad)
779 1865
Consol. sink'g f'd M., (all above convert, into tills)
126 1871
Miulison extension, 1st mort., sinking fund, gold
85
Chicago & Milwaukee, 1st mortgage, 2d lien
120 1871
Menominee extension, Ist mortgage, gold
Gen, cons, mort., gold, conp. orn^g. ($48,000,000) 1,058 1872
Winona <fe St. Peter, 1st mort., gtuir by Chic.&NW. 137 1870-1
do
do
137 1871-1
2d mort.,
do
1st M. exten, gld, land gr., s. f.
175 1871
do
28 1870
La Crosse, Tremp. & P. 1st mort,, guar. C. & N,W.
75 1870
Iowa Midland, 1 st mort., guar, by Cliic. & N. W.
62 1872
NortUwesteru Union, 1st mortgage, gold
156 1873
Chieago i£ /'itr/ ucnr/i— 1st mortgage
70 1871
Chicago, PekiifiC SoiUhweslern 1st mortgage
.
etc,
,000
1,000
1,000
1,000
1875
1863
1864
1867
1864
1869
1868
1868
1861
1872
1872
1873
1873
1866
318,.500
462,000
100
100
370
370
220
49
000,500
726,000
2,500,000
1,000,000
1 ,500,000
2,500,000
1,500,000
1,000
1,399
1,399
<f- /'ocirtc— Stock
1st mortgage., Kinking fund
bond.s (sinking fund ,$10,000 from 1877 ).
Chio. & S'westeru, 1st mort., gold (guar in cur)...
Chic. & S'western, 1st mort., gold, not guar
,.
Cineinnali, llamUt-on d! Dai/to«— Stock
let mortgage of 1 8.53
&.C.
1,000
1,000
1
8
B
1,081,000
500 Ac.
500
5
267,000
597,000
435,000
322,000
1,000
1,000
1,000
500
&c
&c
A;c.
&c.
&c.
3,500,000
14,993,060
21,484,113
1,238,700
740,300
3,578,000
146,000
T ..OOO
1,000
500
&c.
1,000
1,000
1,000
500 &c.
1.000
500 Ac.
500 Ac.
1,000
1,000
100 Ac,
186,000
122,000
328,000
284,000
4,277,000
3,150,000
1,700,000
2,700,000
9,758,000
2,750,000
1 ,650,000
4,375,000
1,000
1,000
1 ,000,(M)0
.500 Ac.
3,500,000
2,808,000
1,3.50,000
1,000
1.000
1,000
700,000
300,000
100
1866
1875
1869
1871
24,9i»9,700
1.000
1,000
9,000,000
1,000,000
5,000,000
1,000,000
3,500,000
100 Ac.
1,000
100
18.53
1865
1867
1875
1873
1871
1874
INTEREST OR DIVIDENDS.
When Where Payable, and
Payable
Cent.
Whom.
Rate per
$4.55,000
500 *c
500 &c,
1860
1863
1869
1870
1871
1872
19.-)
i
2d mortgage
Chicago, Kock Island
Outstanding
$1,000
32
40
Biiiilugton, Ist niort..
Ist ni...
Aniei'ican ('o.utrai, Ist mortgage..
Coupon,
Peoria & ITaimibni, Ist mort
but may l>e
Ottawa, Oswego & Fox Rlv., Ist
logistored.
Illinois Grand Truiilc, 1st mort
Siiincy & Warsaw, 1st mortgage ..
ookuli & St. Paul, Ist mortgage
Albia Kuoxville & Dcs Moines, 1st mortgage
Chicago it- Canada Sowtheni— 1st mort., gold
Dixon Peoria & llannibni,
Amount
Value.
•
Chieago, Ilurlinijton <t Quincy—(Co)itinuedi—
Bonds of 187.5, (siukiu« fund $13,8«0 per ycoi-)
Cartliai^c.
t
Miles
For explanation of coluum headings,
on flret page of tables.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,2.50,000
500,000
500,000
1,000,000
1 ,846,000
1,120,00<1
471,000
1874.
16T5.
tt
LouisviUe.--'So Informa-
.1
1S73.
&
C. B.
Q.. were stockholders.
(V. 20, p. 85, 1-4; V. 21, p. 14, 018)
which directors of
& llnccwnee'.— Thero is also a
$1,0(X),1 00 and a chattel mortgage
most of which are pledged. Default
was made in 18:3, and coupons partly funded, enbscquently receiver appointed, and litiiration in progChieago, Danville
2d mortgage for
of tl,00i',000,
ress.
l,Sfl9
].3".m
$27,673,714
26,287,610
...
»,S.i5,74.3
.5,IT0,3.->4
8,95.3,017
6,871, iie
8,081,1)00
(V. 21, p. 157,
18.5,
317; V. 22, p. 87, 804, 514.)
Minnesota.— Velmi'teA December, 1.^73, same as Chicago Ciinton & Dubuque.
(V. 20, p. &'), 13J, im; V. 2!, p. 14.)
Chicago, Dubuque
<fi
Chicago <£ Iow^.—Vm a traffic guarantee of Chic.
Bnrlington & Quiiicy 40 per ceut for purchase of
bonds. (V. 22, p. 87.)
I watt
j\V&?a.«ia.— Leased In perpctnity
to Chicago &> Northwestern, at 37'X per ceut of
gross receipts.
Cliicago,
Chicago
<t
Michigan Lake
.9Ao)-«.— The first
mort-
gagee, main line, have traffic agreement from Michigan Central. In default for interest since July, IjTS,
excepton first bonds
18, p. 14;
V.
Chieago.
19, p.
|:47r,C00. (V. !7,p. 168, SII; V.
247; V. 20, p. 60, 312.)
miwaulee
ravl.—The earnings
and 187.i by the lower freight
<t
St.
were reduced iu 1874
rates imposed by the Wisconsin railroad law. In
rates the law was modified, and with April, \f,tf,
hi^er rates again took effect, having a good influence on earn- ngs. The following is a comparison for
throe years of operations, and financial condition
at the dose of year:
>),0:6,123
6,-.!)l,6()0
2 451,663
of 1875 was made to fubstitnte for Hint of 1874 of these bonds i(;v7.:e9.000 arc
repoived to take up old debt. The dividend on preferred stock March, 1874, was paid in consol. bonds,
and the same April, 1876. See statement V.2}, n. 280.
The sterling bonds of IS'JS are convcitible into dollar
bonds. Dividends have been paid since !f69— on
prof. Slock— in 18-,6 14 per cent, in bonds; in 1871 7
in bonds, 1S78 7 cash, 1872 7, 1H71 7, 1^70 7 and 3
1871 7 scrip. 1870 3 cash
scrip; on common stock
and 7 scrip., (V.2], p. 88, 188, 253, 612; V. 22, p. 28.1,
Net earnings.
8,085,:J8'J
Jk Dubuguf.— This road (lefaultoa
liwas bmlt by conttniction companies in The i.'sue of cons'.l. bonds
Chieago, Clinton
in 1873.
:
m
421,667.)
Chicago <t Norlhivest.—Tha fiscal year ends with
May. "The last annual report will he found in the
CUKONICLE. V 21. p. 2 OfS. The net surplus of the
year on the Chic. A Northwest, lines proper, after
paying interest, was 81,366,167, and on the whole
system, including proirieiary roads, $518,266. The
net earnings of proprietaiy roads were $283,004, and
the interest on tlieir bonds, $1,129,905. Lands of
the company are 2,108,043 acres unsold, an 1 were
only recently placed In market. In 1874-i), 24,290
acres were sold at an average price of $i 78 per
acre. The nominal surplus balance of the Company,
May 3!, 1875, was $2,637,612. Operations for the
last six fiscal years compare as follows
Gross
earnings.
1874-75
187.3-74.
1872-73.
1871-72...
1670-71
1869-70
The
.
,
.
$12,707,1211
14,410,124
12,73-i,607
11,403,161
11,^94,914
12.53,-),428
June 1, 1895
May, 1879
.1.
$27,(173,744
27,119,610
Offlce.
of Com'rce.
.7.
],.S!»
Debt
Kamings
Boston, Co.'s
Dividend.
.1.
«S7,678,7-14
27,159,(0)
Miles
Stock
D.
A N. N.Y.,N. Bk.
when Due.
A'tocAfK— Last
A J.
do
do
July, 1889
A J.
8
July, 1878
do
do
A J. N.Y.,N.B'k of Comm'rce July, 1878
8
A J. New Yolk and Boston.
8
July, 1900
A. A O.
Boston.
8
Oct., 1890
J. A J. New York and Boston.
July, 1890
8
A. A O.
8
April, 1879
Boston.
J. A J.
8
7 g. A. A O. N. Y., Union Trust Co. April 1, 1902
7
J. A J. N. Y., Farm. L. A T. Co.
Jan., 1887
J. & D. Bost., C, B. A Q. OIHoo. June 1, 1896
8
April. 1909
7 g. A. & O. New York, Co.'s Oltlce.
A. A O.
April, 1912
do
do
J. A D. Bost., C, n. A Q. Offlce. June 1, 1896
A J. New York and Boston. July 1, 1901
A J. Boston, by Ti-ea«nrer. July 1, 1876
7
& J. Boston, Merchants' B.k. July 1, 1888
A A. New York, Park Bank. Ang.15, 18i»2
7
M. A S, Bost., Trea.sui"er's offlce.
8
Sept. 1889
J. A J.
8
do
do
July, 1890
M. A N.
8
do
Nov., 1891
do
M. A S.
8
do
do
Sept. 1, 1892
7 8. J. A J.
New York, Offlce.
Jan., 1871
14 b(bi. J. A J.
do
April 10, 1876
do
J. & J.
do
7
do
July 1, 1905
7
& J.
do
do
1898
A O.
1884
7
do
do
A J.
1897
7
do
do
1894
7
A J.
do
do
1899
7
A J.
do
do
1898
A A
do
do
8
7-3
F. A A
do
1898
do
J. A J.
New York, Offlce.
1891
7
A J London and New York. Jan., 1902
?« J. A J. New York, Offlce.
1902
do
do
1903
7
J. A J.
New York, Offlce.
10
J. A D,
June 1, 1883
F. A A, N. Y., Mil. St. Paul RR.
7
Feb. 1896
3I3 J. A D New York, Co.'s Offlce. Dec. 28, 1872
312
do
do
July 15, 1873
J. A D,
F. A A,
do
do
7
Aug. 1, 1885
M. A N.
do
do
7
May, 1883
F. A A
do
do
Aug. 1, 1886
7
do
7
F. A A,
Ang. i; 1885
1882
do
do
¥. t A.
?
Jan. 1, 1884
do
do
J. A J
7
July 1, 1878
do
do
6
J. A J.
Sept. 1, 1898
do
do
M. A 8.
7
Jan., 1888
do
do
J. A J
7
Feb. 1, 1915
do
do
Q.-F.
7
April, 1911
do
do*
7g. A. A O.
July 1, 1898
do
do
J. & J
7
June 1, 1911
do
do
7 g. J. A D.
Dec. 1, 1902
do
do
J. A D.
7 g.
Jan. 1, 1887
do
do
J. A J.
7
Nov. 1, 1907
do
do
M. A N.
7
Dec. 1. 1916
do
do
7g. J. A D.
April 1, 1878
do
do
A. A O.
10
Oct., 1900
do
do
A. A O.
8
June 1, 1915
do
do
M. A B.
7 g.
July 1, 1903
J. A
7
F. A A. N. Y., Farm. L. & T. Co. Aug. 1, 1901
1891
A. A O.
A. A O New York, Co.'s Office, April 27, 1876
1896
do
do
J. A J
Aug. 1, 1895
do
do
F. A A.
Nov., 1890
do
do
M. A N.
J. A D.
Apn'l,'i873
A. A O. N. Y., Winslow, L. A Co.
May 1, 1880
do
do
M. A N.
July 20, 1885
do
do
J. A
June, 1877
do
do
J. A D,
Oct., 1905
do
do
A. A O,
Jan., 1903
du
do
J. A J
Meh. 1901
7 g. M. A a. N.Y., J.S.Kennedy A Co.
Nov. 1. 1914
do
do
7 g. J. A
Op. expen.ses.
Chicago, C'ncitmatl
tion furnished.
J. &.
Uffnrf*—Principal,
bJ"
Net
Expenses
and ta.^es.
earnings.
$7,984,694
t4,728,' 31
!),S;14,450
6,075.673
8,178,8.37
4,56.'',870
6,810,026
6,3 i,.'sn«
8, 13,317
gently for a possible issue of $4-',000,00fl. by ultimately absorbing ail the other bonds and also nil
subsequent issues, including all the bonds of the
proprietary roads of the company, to.ether aggregating *S5,349,000. which amount is reserved from
the $48,000,000. The residue of the gold loan, viz.,
$12,151,000, represents all the additional indebtedDividends
ness resulting from the mortgage.
have been paid-Jnly, 1873, 3}^ on preferred;
both; June, 1872, 3X on
December. 1872, 81^ on
preferred: December, 1871. 8>^ on preferred; June,
1870,
5 on both;
1871, 5 on both; Decemb r.
June, '870, 2 on preferred; December, 1869,5 on
4 on common June, 1869, 5 on both De
preferred.
ramber. 18' 8. 5 on both. (V. 19, p. 295, 375 528;
Y. 20. p. 136, 186, !593; V. 21, p. 109; \. 22, p.
644)
;
;
Chicago (ft /VtrfwcoA.— Completed in July,
(V. 19, p. 16; V. SO, p. 357; V. 21, p. 85.)
1874.
Chicago, Pekin <t So'Jt/nvestern.—OpcneA in 1873
earnings first half of lb74, $68,346; net,
Cross
$aj,720.
Chicago. Hock Island <ft Poc'/t.—Net receipts in
against
$3,687,028,
April I, 1876,
Tlie income account for year
$3,543,-i83 iu 1874-7.5.
Gross nrceipls, $7,)42,1h9; net
was as f'illows
receipts, $:j.687.fl;8; divideiid p.iyments, $1,678,384;
interest, Ac, i»785,000; nominal surplus for the vear,
$1 ''U 041. Chicago & Southwest, road is leased and
interest guaranteed on $5,000,000 of its bonds;
the others ore in default. (V. 20, p. C14; V. 81,
p. 88,186,263; V. 2.), p. 13.)
year ending
:
Cineinnali, Ilaml'too <ft Drtyton.—See report in V.
showing netincome of $137,515 in 1876-6.
Investigating Committee's report, V. 20, p. 857.
83, p. .'59,
p.SD.)
(V. 19, p. 183; V. 21, p. 62; V. 28, p. 280; V.23,
4,592,135
5,38.3,406
4,522,111
trust deed of the gold loan provides contm-
Clndnnatl, iMfcnjetU <£ Chicago.— TMsyetie. Ind.,
III.
Gross earnings in 1875, $400,051,
to Kankakee,
net, $178,903.
(V. 20, p.
568.)
.
;.
.
.
EAILROAD STOCKS AND BONDS,
July 29, 1876.J
gub«erlber. will co n fer
great lavor hy glylug ImnaedUto notice of muy «rro,
Jl.eo r«r«d In the«« -r.bl...
a.
DE8CRH>TION
For explanution of coltimu
on
lli-Bt
Miles
lioiullii(?«,
&c.,Hee uotos
paifK of tubUw.
* MartiiuMre—lst mort.,(niar by
tin.
Oiiiemnali
C««.,
^1
<£•
Ichhocs.
.
itunlUiigum Valtcu—lRl inortfnge
Rkhmoml
<£
C7uc— Ist
&D.
iiiort., Kiinr. C. 11.
owiiod by O. II.
D.
mortgiige, K'lar. and
&
.
Cm., leichinonUd- Ft. IC— 1st inort., gold, iruar...
thiuiimnll SMuUisky d. 6'i«rc/«rtrf -Stock
Preferred stock
MortgiiKo bonds, Sandusky, Daytoii & Cincinnati
do
Sandusky city & Ind
do
CliiclunafI, Sandusky & Clove..
„,
VtMiniitttl tC: f!priii'jfieUl—i/tt niortgagc, guar
.
.'
inortga^e
.'
.'
.'
.'
.'
'.
.'
'.
[
.'
.'
.'
.'
.'
.' .'
;
CleeeUitul, Oolamhiin, rinciunali <t //«/.—Stock..
l8l moitsage (C, C. A C. RR.) $2.'>,000 a year. .
<lo
(Itcl. »fc Ind.) excli. for new mort
do
C.;C., C.
I. sinklniffuiid
Consolidated mortgaKn (for .$7,.'5(M),000)
CleveUotrl <c Mithoning Valley— Utouk
Ist inoil^airc, extended
A
38
148
36
36
90
171
171
cC-
.
$1,000
1,000
1,500,0(X)
7
7
1,00<I
.')60,000
7
1871
1,(KH)
,000
228,000
3.000,000
2,.'i00,0O0
100 Ac.
1,104,844
2,701 .000
1,342.000
2,000,000
5.84,000
1,000
1,272,000
50
1,920,9.50
1,5(X),000
500
Ac.
1.000
1,000
300,000
689,000
100
1868
13,938,972
10,428.000
451,000
1,000
2,6:i2,000
Oo
(Union A Ijogansport)
do
(Toledo, I/O.'ansport A Burlington).
do
(Colunibu.s 4 luA, i»<)-){lf filiio) ....
J9.
.»s»6c ((iSruuibus A Indianapolis Central).
do
(Indiana Central)
do
(Chicago A Great East<U'n constnie.)
do
(Columiiu.s, Chicago A Ind. Central)
Income convertible
do
do
Income (Toledo, Loganspnrt A Bnrliugton)
Columbus, Hpringjleht </ Cincinnati — 1st mort
Columbus <t Xenia— Stock
1st mortgage
1863
775,000
53.1,500
217,7.50
821,000
.
Co)icortl
666,.50O
3.11,400
45
70
65
35
41
144
110
110
—Stock
Concord
<* i'or/soioHtfi—Stock
Conneeticiil cG rassumpsic-HtoGk
New mortg.-ige (lor $1,500,000)
1st mortgage, sinking fund
Notes, eoupou
Massawliipi sVk, guar, same div. as Conn. A Psiss.
do
bonds, guar, by Conn. A P.ifts
Connecticut C,'c)i(/-a/— Ist mortgage for :^00,(X)0...
Coniuctieut lUver—HtOKk
Ist mortgage (sinking fund now f 148,931)
Connecticut Valley— lut mortgage
Connecticut ires/ei'«— 1st nmrlgago
1,000
1,0(M),000
500 Ac.
3,000,000
1866
1868
i',6oo
80.'t,500
1,000
.594,000
1,777,8,50
1(!I,000
99(1,000
50
500 Ac.
5oO Ac.
100 Ac.
50
100 Ac.
200 Ac.
'(!0-'72
51
1808
1869
1871
117
170
Faul—l»t mortgage, gold
100
500 Ac.
1858
1871
1870
33
<<!
1,000
'
56
44
68
7
38
38
82
52
52
ll'iU«.9hnrrc— Ist mort
Danoille, Urbana, Hl'ton <£ J'ekin—lHt M., gold
it St.
1869
1875
38
b(mds
Danburu <t: NorwalU—i^took
1st, 2d and 3d mortK;ige8
Datenport
50
100
100
100 Ac
100 Ac
100 Ac
100
1873
1856
'56
Common
Itazleton
50
1,000
"38
2d mortgage
3,692,000
3,847,000
74,024
1,000,000
1,786,200
302,000
1,500,000
350,000
2,175,500
670,500
289,500
007,500
400,000
400,000
216,000
2,100,000
250,000
1,000
'6«-'71
Connecting (Fhila. )— 1st mortgage
Cumberland J: Pennsylcania — 1st mortgage
2d mortgage, sinkiiigfund, (guaranteed)
Cumberland Valley— atoKk (4lH4,i)O0 preferred)
Ist mortgiige
DanMle,
1871
109,500
81,800
600,000
500,000
1
1,000
1,000
,400,000
2.0(K),000
20,000 p. m.
I
Cinciftu^iti
Feb.,
l.STIi.
20, p. 280;
Y.
—
(6 Martinsville.
Receiver appohitcdt
Sold in foreclosure, .Inne, 1876. (V.
SJ, p. 2.T2, BH; V. 23, p 83.)
Cincinnati & Mitntingum VnUey. - Is leased for !)9
ycirs from ia73 to Piitsb Ciii. & St. I.oui8 for net
carnuigs, but bont'ed interest is guorauteed. Net
carnin-s, 187.-), $35,741. (V. 22, p. /> 19, B14.)
Cincinnati, liichinond
CAic(ifjo.--lA:&»ed to Cin.,
Dam. A Dayton, which owns most of the «tock. Net
,
&
income above
Cincinnati,
interest, 1875-(>. $8,229. (V. SI, p. C'i.)
Richmond
c6 Foi't
Cincinnati, Sandmky <t V'eveland.—li\ the year
l^7.^, gross earnings wore $857,61)5;
expenses, SOCl.'ITo; net earnings, $893,91!), belli"
$W,"4S better than in 187-i-71. (V. 21. p. 691.)
Cincinnati tfc .Sy»*irtj/ip/(i.— Leased in perpetuity
to Clev. Col. C. •& 1., with guarantee of interest:
ending Jnne:W,
on
first mortgage hiUf of interest 19 also guaraateed
by Lake Sh. & Xl. 8.
Cincinn/tti, W>bash ffe iTichigan.—VniA interest
Januarv, 1876. to bondholders no'tconeenting to pass,
and allow funds to be used for completion of rojid.
Some bonds held by L. Sh. A Mich. So'n. but no indorsement by that company. <V. 22, p. 158.)
Cleoiland, Columbus, Cincinnati A Indianap. By
the annual report surplus over interest in 1S75
—
wasfWOsei. Netearflings
in 1815, »884,0«4, against
(V. 20, p. 241; V. 21, p. Bj, j5i;
!>90i,674 in 1874.
V. 83, p. 2-7, 3113.)
Cleoelan'i <£ ifaltoning Fa^'tfy.--Is leased
&
lantic
Orent Western,
paid. (V. 20, p. a5. I.'i9.)
and
Olmetand, Mount Vernon
interest
to At-
on bondb
is
& /Wawor«.— Defaulted
1%
2
7
5
3»3
3
7
C
7
3
««•
4
6
7
7
6
6
6
.5
8
8
6
lia
7
7
7g.
7g-
—
Colorado Cta;r(i/.— Built mainly by Union Pacific,
$5,47ii,5!i3 iu all.
(V. 21, p.
85; V. 2?, p. 61, 567, 614.)
iolxmbus
cfc
Hocking To'^v.— Gross
ir.5, I877.6!)0; net,
*:r)8,:)7ti,
earnings,
airainst $8.57,077 in 1874.
See annual report V. 20, p. 476; V. 22, p. 3S0.)
Co'nmbus, Chicago A Ir-diana Cen/ral— This was
a consolidation (Dec. 4. 18(i7). On .January 52, )8«9, it
wa« leased by the Pittsbiu*gh Cincinnati A St.
I.oals, guaranteed by Pennsylvania liailroad.
An
amended
lease wa-*
made
Feb..
I,
1870. also guar-
anteed by Pcnn. Rlt. The am<-nded lease guaranteed interest on $15,821. OOfloI llrstaiul second bonds.
A ug.. '74. (Jefault was made on the $.^.000 000 ("cconds.
April 1, 1875, defaulted on is-t mort. The guarantee
of intercut was absolute, but the Pennsylvania Railroad claims that the 0. C. .t I. c. Co. did not fulfil
Bondholders claim th'it no such failure
all its part.
after bonds had been sold with the ;;uaranty could
prejudice their rights.
Suit Is pending against
Pennsylvania Railroad. Interest on most of the old
rrior bonds has been taken up. Net earnings, 1875,
$6;)6,44>.
•120.
495.
.593;
(V. 20, p. 29. 61. 140, 162. 211, S25. 3«. 3!«,
V. 21, p. 13, 317, 611, &Si; V. v2, p. 852,
619.590; V. M,
p. 40.)
made compromise by which all the
Columbus it X^niffl.— This road is leased to the Litcoupons duo .Tuly. 1171, and one-half of coupons tl Miami Co., and both roads for 99 years to Pittsfrom January 1. 1875, to and including .Inly I, 1877, burg Clnn. A St. I.nnls Co.; the lease la guaranteed
are to be postponed to .Fan. 1, 1885. and the remain- by Pennsylvniia Railroad, and the terms are 8 per
ing half to be poid as they mature. Cross earnings cent on stock and Interest on bonds.
W^, $128,0^7: expenses, $.3211,360; not, $96,667.
Ctonco'tf.— Pays !0 per cent H year: net receipts in
(Sec report, V. 20, p. 38 U; V. i2, p. 350.)
(V. ^i, p. 565.)
1875-6, $275,296.
lh:e.
Jau.
1.
1801
A T. Co.
June
1,
Jau.
1,
1,
1876
1803
1000
1913
June
June
1,
1,
180S
1890
J.
-M.
JuD.,
Nov.
Feb. 10, 1876
Oct.
July
Jan.
1,
1,
1,
1897
1880
1892
1008
1893 to '05
April,
Nov., 1904
Dec, 1005
Dec., 1883
1886 to '00
Nov., 1004
Jan., 1882
Feb.,
1800
1001
Q.-M.
Columbus Treasury.
June 10, 1876
IkTA S. N. Y., Am. Exch. N. B'k Sept. 1, 1800
M. A N. Boston, Tower, O. A Co. May 1, 1876
J. A J.
Boston.
JiUy 1, 1876
F. A A
Boston Office.
Feb. 1, 1875
A. A O
do
April 1, 1803
J. A D.
do
Dec. 1, 1876
Various
do
1876 to '81
F. A A
Feb. 1, 1875
do
J. A J.
July 1, 1889
do
A. A O.
Oct., 1895
J. A J. Boston, BoBtA Alb.RR. July 1, 1876
M. A 8. Boston, Olobo Nat. B'k. Sept. 1, 1878
J. A J. N. Y., Am, Excb. N. Bk. Jan. 1, 1901
J. A J New York and Boston. Julv 1, 1900
M. A S.
Phila<1elplda.
19t)0-'l-'2-'3-'4
M. A S New Y'ork, Co.'g Office. March 1, 1891
M. A N.
do
do
May 1, 1888
A. A O. Phlla. and Carlisle, Pa. April 1, 1876
A. A O. PhiUi.,T. A.BiddleACo Aprlil, 1904
A. A O.
do
do
April 1, 1908
A. A O.
do
do
Jan. 1, 1884
Q.— M. New York and Danbury
June, 1870
J. A J. New Y'ork, K.l ISroadWy 1880, '90, '92
A. A O.
Phlla. I'enn. lU!. Co.
Oct. 1, 1888
A. A O.lN. Y., Farm. I-. A T. f>>.
April, 1909
A. A O.lN. Y., Loud. A I'raukft.
July, 1911
Sept.
1,
Coworl c£ PartsmoiM Leaaed to Concord RR.
at $a3.(XiO per year.
Connecticut < P7«t!mip.«l«.— Annnal report to
June, '875. showed net eandngs for vear $326,876,
against $272,700 In 18 3-4. Div. passed Aug., 1875.
The new mortgage of $1,500
will retire prevlOM
Issues. (V. 21, p. 217.)
Connecticut Ceit<al.—\x»*i'A to Connectlent Valley at a rental covering interest, (V. 88, p. SOB.)
CmneclictU IHcer.—i^H earnings IS73-4. f 898,067.
Snrplusaecoimt Oct. 1, 1871. *.51«.039. (V 80. p. 81.)
C"nnecticut Valiey. In default and surrendered
to second mortgage bondholders. iV. i^. p. 40.)
Connecticut IfiMfem.— Net earninvs 1874-5. $164,395; Intirest, Ac. $821 fta. Coupons passed Jnly,
1876. (V.21. p. 611.1
CV»iji«rt«fli.— Leased to Philadelphia A Trenton,
and operated by Pennsylvania; terms. 6 jht cent on
$1,8:8,300 stock, and Interest on the bonds.
Cumbeiland * /Vnmiiw/raiia.— Owned and operated by Consolidation Coal Co., which gnaranteee
Sd mortgage. Stock $1..500,000. (V. 22. p. 4IS.)
—
Cumheii'ind Valley. The stock is owned In larse
part by I'tnu'vlvania Rallr"ad Co. Net eamlntrs,
year ending Sept. 8tl. 1875, $2t>n.,5M. Large advances
nave been made to branch roads. This companr
paid 9 per cent in 1871,5 in I'^Ti, nothing in 1878,
per cent, in
but resumed In 1874. and declared
October, snd semi-annually since.
Danbury it .\'6rwalk- -Oro^s earnings,
1874-75,
exi>en8es, $87,410; hite:ciit .lud lazes,
$42,191; -urplus, $37,4V5
Dan title Itazleton it Tn/fc-<i*(im".— T.e8sed, Marob,
1872, to Pennsylvania Railroad for .13 ycnrs. The
$p.7.iK(i;
1874. were purchased by PennIn default, April, 18:s. (V. 80,
coupons due October,
sylvania Railroad.
p. 331. 476. 500. 570.)
July, 1874, and
'
When
Blnekt-lMttl
Dividend.
do
N. Y., Farm. L.
A J
do
do
A N.
do
do
J. A J
do
do
Cleveland, Ohio.
A D. Phlla., Co.'B Olllco.
,8g.
A D. Boston, TrooM.'s Office.
A A.
7
A. A O. N. Y., St. NIch. Nat. B'k
7
J. A J,
do
do
7
J. A J.
do
do
7
A. A O. N.Y., SLNIoli.' Nat. B'k.
7
Varh>UK
do
do
7
J. A J
do
do
7
A. A O
do
do
7
y. & J,
do
do
7
Various
do
do
7
M. A N.
do
do
7
J. A J.
do
do
10
J. A J.
do
do
7
F. A A.
do
do
7
F. A A
do
do
7
P. A A.
do
do
7
M. A S. N. Y., Union Trust Co.
Cleoftami c6 PUt»burgh.--^j&^Ae(itn Pennsylvania
Railroad at 7 per cent on stock, besides expenses
juterrst, and tr.in^ferrcd to Peunsyivaitia Co.
Report for 187.5. V. V2. p. 'ZOO, shows surplus of
$17-1,385 over all expenses, interest, Ac.
Cleveland, Tuscarawas Valley it ineelfng.—'Diie
road was sold under a 2d mortgage, Jah. 27, l;j7.5, and
re organized. (V. 20, p. (i ', 1 lO, 3:18: V. 2:', p. 352.)
CoUbrook'iale. Leased to Philadelphia & Road
^ng. No dividends paid on stock.
which holds the bonds,
Q.-M.
6
7
7
7
6
pal.
Whom.
do
7k.
ami
IKuya*.— Ix!ascd to
Crand Rapids for u!) years. Interest on bonds is
gnarante d by (irand Ron ds. Cincinnati Hamilton
A Dayton, and by Pennsylvania Co. (V.52, p. 632.)
7
.500,000
1,000
1,000
l.OOO
1,000
1867
1870
1872
g,
?«•
950,000
990,994
11,243,479
1868
1870
13
89
587
3I3
1,3.'">0,000
1867
1873
80
89
76
7
7 or 6
2,759,200
630,000
487,900
,000
1
18(f2
18
7
1,000
50
m
3
7
844, (KK)
500 Ac.
500 Ac.
500 Ac.
18.57
7
7g.
().">1,(KX)
,200,000
11,991,692
1
100
500
1870
1870
1871
7
2,0{K),()00
1,0<)0
1873
109
199
199
3
6
7
7
1,072,300
1
1,000
1,000
1,000
1,000
67
7
I'-
429,037
778,000
350,000
50
.145
OoUbrookdale—l st mortgage
Oolontdo Ventral— i at mortgage, convertible
ColHinbiuKt Hocking Valleu—^tntik
Ist mortgage, sinking fund bonds
Ist mortgage, Logan & Straitsvillo Branch
2d mortgage bond.s
Columbus, CJUcago a Indiana Central—Stock
l8t mortgage Columbus, Clile. A Ind. Central. ..
do
(Chicago A Oreat Eastern)
do
(Columbus A Iiullanapnlis Central).
65,000
4,(M)5,7i>0
&»!»/•— Pr.iicl-
.
Where Paiable and hy
A A. New York, Co.'m Offlee. Jul/, 1903
A J. New York, Moran Ilro». Jan., leoi
A J. N. Y., Wlu»low, L. A Co. July, IVJli
A J.
•lo
do
Jau. 1, 1889
A D. N.Y.,WlnsIow. L.4CO. Juno, 1U21
BoHton, Ofllce,
A N.
do
do
May lVl870
A A.
do
do
AUK. 1, 1000
A H.
do
do
Sept. 1, 1877
A I>. N. Y., Uidon Tnuit Co. I>vc. 1, 1890
A O. N. v., U. 8. Trust Co. Aprlil, 1001
A J.
do
do
1U02
A J.
Wubaoh, Indiana.
July 1, 1801
A A. N. Y., U. H. Trust Co. Fob. 1. 1870
A U.
do
do
June, '75 to '84
A J
do
do
Until 1809
A N.
do
do
Muy. 1800
A 1> New York or I»ndon. Jime 1, lOU
A N.
Cleveland Ottloo.
A A N. Y., Ward, C. A Co. Au(cV iV 1803
A 8. Cleveland, at Ofllcc. Sent. 15, 1876
A J N. Y., Union Truiit Co. Jan.. 1800
A J. N. Y.,Wlu»low, L. ACo. Jan. 1, 1000
.800,000
1
50
50
3.'-,
/>«(.— 1 st niortgage, gold.
$400,000
1,000
18(10
'67
INTEREar OR DIVIDKND8.
Amount
Outstuiidlug Rate per When
Cent.
Poy'ble
1865
1870
1866
1869
1864
1869
1874
390
mortgage, Cohunhus JOxtcnsion
Income niortga^'c for funding
Cleeekmdd: ftY/«6«/j;/i— Ouarantoe<l stock
4th morts^age (uciw 1 st)
Consolidated sinking fund mort. for $,">,000,obo
Construction and equinnieut bends
Oltnelatul, Tuscamwuji Valle.ij a! "W keeling— lat
l8t
Size or
1866
1852
1867
1871
1872
1871
80
48
81
471
138
202
390
'."
Sinkins fund, ISd nioitsase (now ad)
NllcsA New Lisbon, Ist mort^j.oge
Cleeeland, Ml. Verium
.
Date
of
of
par
Bowl. Bonds Value.
.
2<i nioi'tgajfc..
Ciii., \Y,it. ,t .l/ic/i- I'st
XV u
Danvl'le Urb-fa, B'oomington <t iVJt«n.-Thl9 1*
a part of the Indianapolis
See I. B.
In default.
now
8,
A
Western,
rv. !». p. til, 818. 59^; V.M, p. 441, S70,
28, p. 87, 831, 305, 515, B9D.)
cm.
V.
Dloomlngtcn
A W.
Pavenport eft Rt. Pawf.— Sold in foreclosnre, Marcll
Re-organized as Davenport A Northwest1878.
61»,
—
..
.
.
;
RAILROAD STOCKS AND BONDS.
ZVUl
Snbacrlbera
[July 2
confer a great ta.voT by glrlns; immedlato notice oT anf error dlacoTcred In tbese Tables.
vrill
.Bon<f»— Princi-
INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
»„„„„.
fur explauatlon of oolumn boadiuKS, &c., sec notoa of
of
Par U,Ttft°.nrtiiiJt^''f« I'er When Where Payable, and by
Road.l Bonds Value, "uistannmg, ^^.^^j
at tho head of first paKC of tablon.
I'ayable
Whom.
I
I
Dayton <« Michinan— Com, stock
(3>agiiar. C.H.&D.)
Preferred stock. (8 percent. Ruar. C. H. &D.)
1st morm'age, sinking fund, $30,000 per year
2d raortxase
3d mortgage
Toledo depot
(cost
$353,940) 1st and 'lA mortgage
Dayton <& Western — 1st M., guar. L. M. & C. & X
DeUnnare Ilailroad Stock
Extension mortgage
Mortgage bonds, convertible, guar. P. W. & B
Delaware <£ Bound lirook—lat mortgage
—
Delaware, liaeka wanna
cO
142
142
142
142
142
1871
1836
1807
1809
"'30
61&64
irc«(ei'Ji—Stock
195
115
d III.— lat mort.,
d-
coup, or reg.
1st mortgage, on branches
&
Lansing, 1st mort., coup.,
may
be reg.
59
59
do
2d mortgage
do
do
DelroU d: Milumnkce—lHt mortgage bonds
2d mortgage, April 28, 1856
1st ftmded coupons, Nov. 15, 1860
2d funded coupons, Nov. 13, 1836
Bonds of June 30, 1806 (conditional)
Sterlingi(Oak, & Otta. KK.) Oct. 1, 1833, gold.
Dollar f;)ak. & Otta, RR.) bonds, Oct, 1, 1833..
Ist mort. (Detroit & Poutiac RR.), April 1, 1851.
3d mortgage (Detroit & Poutiac RR.), Feb. 1854.
2d mortgiige, (Detroit & Pontiac RR.), Jan. 1853.
190
Bonds of Sept. 1, 1866, (Limit $300,000)
Bonds & mortgage on Detroit real estate
Dub-uqite d Hioux Oili/Stock
1st mortgage, Ist division
1st mortgage, 2d division (for $1,400,000)
Dubuque Southtfestcrn— lat mort., pref., sink. fd.
Ist mortgage, Oct. 1, 1863
HiicAeis'd Voliiml)(tf—Xaf fltAWgltJ?;. .\A r.".".":*. .".'!'.'!
East Tcnnessc-e, Virginia d Georgia Stock
1st mortgage sinking fund bonds
East Tcnu. & Georgia ($95,000 are endorsed)
East Tennessee an(l Virginia (endorsed)
2d mortgage to U. S. Government
1870
50-'36
1856
mortgage
Bastem Shore, {Md.)— lat mortgage, convertible
2d mortgage, convertible
"
30
39
39
114
l8t
(3fa,9s.)— Stock
1858
1860
1866
Essex RR. bonds. Sept. 1856
Ten Year Notes due 1885, April 1865
Bonds duo 1888, March, 1808 to 1869
do
1889,
Ten Year Notes
1856
1865
May 1869
do sterling, sinking fund
FuudiJig Notes
Mortg.age fimding bonds
Elniira d WilUamsport Stock common
Preferred stock
'73-'74
1874
1876
—
78
78
78
1st mortgage bonds
Income bonds, 999 years to run
Erie lUiUway —Stock, common
3d mortgage
18.53
18.57
4th mortgage, convertible
5th mortgage, convertible
Buifalo Branch Bonds
Long Dock t!o. mortgage
1858
1801
1803
1805
•
.
Sterling bonds, convertible, £1,000,000
—
Dayton (ft Michigan. Leased in perpetuity to Cin.
& Dayton, whicli pays interest on bonds, and
guarantees dividends on stock, holding itself
Ham.
(V. SI, p.
62.)
Dayton A. Wetlern. Leased to Little Miami, and
with that to Pittsb. Gin. & St. L. About $90,001) o(
old ext, mortg. bonds of 1881, are yet out, which
will be retired shortly.
IMUiwan. — Leased by Philadelphia Wilmington
& Baltimore Railroad for 30 per cent of gross earn
Ings. In 1874-5 gross earnings were $510,094,
net receipts therefrom, $153,0-28.
and
Delaware <t Bound Srook.—Thia is pnrt of the
route between New York and Philadelphia. (V.
new
ti. p. and, a57.)
Belaioare Lackawanna <6 Western.— The gauge
of roal uflrrowed in March, ISie.
The company's operations consist in large part of coal
mining and trans]>ortation. and no annual report
Is Issued cxce(>t the statistics required by the State
of Pennsylvania. The Morris & Essex itailroad is
leased and some of its bonds guaranteed. From
the last annual report published in Chronicle (V.
W, p. 13), the foHowiug comparison is taken
Gross
Net
Stock and
Earnings.
Earnings.
Debt.
<ft
,
•
7
^"213
500
100
100
1,000
1,000
1,000
1,000
500 <fec,
100 &c
1,000
£200
Fort Dodge.
—Th's
is
M.
3I3
7
J.
J.
5
A.
1
313
J.
7
7
7
M.
M.
M.
A.
7
7
J.
J.
J.
7
Gg. M.
part of the
D33 Moines Valley, reorganized after f.^reclosare.
Coupons of Jan., 1877, are funded. (V. 81, p. 483.)
Detroit Eel Jiiver Jk Illlnois.-lo be sold in foreclosure.
(V.
»,
p. 305.)
—
&
Detroit Lansing
Lake Michigan. The report
f,ir 1815 is given briefly in the Chronicle, Vol.
3-2, on p. 399, showing gross earnings of $739,704,
net. $-210,896. Coupons on 1st mort. paid half in cash
and half la pref. stock; coupons of I. & L. bonds
paid in cash. Foreclosure proceedings are pending.
(V. 38, p. 446.)
—
Detroit <fe Milwaukee. Tliis road was operated by
the Great Western of Canada, bnt defaulted in 1873.
and negotiations are now pending for settling the
debt. Of the bonds of June. 1866, $1.8!8,nO0nre in the
hands of the Mt-rchants' Bank of Canada, redeemable f 1(0,000 per year. The Detroit & Poutiac interest has been r.iid in whole or in par', and it is not
proposed to fund coupons on those or Oakl. & O.
bonds.
p. 186;
(V. 20, p. 243,
V.
Dubuque
-.2,
311,
3.57.
p. 110, S09, 581, :99;
383, 600; V. 21,
83, p. 86.)
Y.
&
Sioux City.— LeaaeA to Illinois Cenfor 20 years, at 35 per cent of gross earnyears, and 36 afterwards. In 1815 gross
e.aniings were $1,194,268.
tral, in 1867,
first ten
4,74'i,673
3.709. .-iOO
i:9.i;31,5l5
3,35 ,484
4,106,82!
20, p. e5; V. 22, p
1,549,723
1,840,513
815,93-2,768
Lvbuque Southwestern— lFar\ey to Cedar Rapids,
la.-Gioss eamiugs, 1874, $1J7,107— $5,80 below
34,766,550
18:3.
Deiit>er
Kansas
$32,n 3,18.V ings
3«.53-j,'J37
35,775,769
!:!8.)
Pacific— OporAteA in close connection with
Land
grant, 1,100,' 00 acres.
In
1874 gross earnings were $310,911; net carr.lngs,
total income wan $-24-2,-28'. and interest
$178,049;
payments, flVi, 652. Cost of-road and equipment,
$6,414,358. (V. 80. p. 509.)
lieiver db liio Grande. This is the principal narrow-gaa"o road (throe feet) in the United States.
The whole line as projected is 8.5 miles. Earulngs
eo far have been good.
Pacini-.
—
do
do
London, Baring Bros.
New Y'ork Agency.
M.'&'s.
M. & N,
Jan.
1880
1895
1,
1,
July
July 20, 1876
Office,
do
do
do
do
D,
<fc
»4.4.'9,»«
3,541,033
3.369,813
187i...
1871
—(V.
Des Moines
New York
do
do
S.
do
O
do
N. N. Y., Bk. of Commerce.
N, N. Y., Rntten & Bonn.
&
1870
1876
April,
April,
do
Sept., 1887
do
Oct., 1888
Mar.,'81& '94
do
N. Y., Am. Exeh. N. B'k Jan. 1, 1905
Dover, Co.'s Oflice.
Jan. 1, 1876
J.
J.
J. Phila.,Girard Nat. Bank
J. Phil., Fid'lity I.T.&.8.C0
M.
$6,88i,10r
5.347,725
6,848,465
1875
1874
1873
1870
1,000
059
1847
1849
S.
Dividend.
July, 1881
do
&
&
&
Vg- M. &
J. & J,
New York.
8
J.
J, N. Y., Mercantile Bank
7
M. & N,
do
do
8
A. & O
Boston, Co.'s office,
8
J. & D
do
do
V. & A
8
do
do
3
J. <t J
do
do
8
M. & N.
do
do
7
M. & N N.Y.,M.K.Jcsup,P.<t Co.
M. & N
8
do
do
7
J. & J.
do
do
7
M. & N
do
do
6& 7 J. & J New Y^ork & Deti-oit.
6g. M. & N New York & London.
7
M. & N. N.Y.,M.K.Je8up,P.& Co.
A. & O.
7
do
do
F. & A,
do
8
do
7
J. & J.
do
do
7
M. & S,
do
.do
10
Various
Detroit office.
A. & O. N. Y.,M.K. Je8up,P.& Co.
3
7
J. & J.i
do
do
7
J. & J.
do
do
7
J. & J. N.Y.,M.K. Jo8up,P.& Co,
A. & O.
7
do
do
J. & D. N.Y., N.Y. Cent. & Hud.
I'- A. & (5. N."V.,^':'Wi).B.ros. & Co.
7
J. & J. N. Y., Gallatin Nat'l B'k
J. & J. N. Y., R. T. Wilson & Co.
M. & N
do
do
4
3
J. & J. Phila., by P. & R. RR.
M. & S. Phila., P. & R. offleo.
7
J. & J. PhUa., Girard Nat. B'k
6
A. & O.
do
do
3
J. & J
Boston, Co.'s Office.
6
J. & J
do
do
A. & O,
6
do
do
M. & S,
do
do
M. & N,
do
do
7
M. & S.
do
do
500,000
500,000
1,000,000
570,000
78,000,000
8,530.910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,000
3,000,000
4,157,714
"so
50
1860
1803
S.
O.
Wlnslow, L. &Co.
do
do
do
do
When
pal,
Due.
A'tocA's— Last
March 1,1881
June, 1892
March, 1885
AprU 15, 1880
May
1899
1900
1904
1891
June
Feb.
1888
AprU
1896
Dec.
1897
1893
Feb.
Julyl, 1889
May 1, 1880
Nov. 1, 1880
May 15, 1875
Mavis, 1875
May, 1875
July 1, 1886
Nov. 15, 1873
Nov. 15, 1873
AprUl, 1878
Feb. 15, 188G
Jan. 1, 1878
Sept., 1 1886
1,
Nov.
1,
1,
1,
1,
1,
1,
1,
Jan.
Various.
Apr. 15, 1876
1883
1894
July, 1883
Oct.,
1883
June, 1900
1908
h 1876
1880 to 1886
May 1, 1886
.Tan.
1.
Mtl-p
July 18, 1876
Mar. 1, 1888
Jan.
Apl.
1880
1886
1,
1,
Jul}- 15, 1873
Sept., 1876
April,
1885
Mar., 1888
May, 1889
1882
1892
Mar. 1, 1893
Nov. 1, 1884
"
"
Preferred stock (7 p. c. y'rly, not cumulative)
1st mortgage (extended in 1807 to 1897)
2d mortgage, convertible (extended to 1879)
common.
1,000
Y.,
J.
Q.-J.
M. & S.
J.
H.& D.Co.
O. Cincinnati. C.
A.
7
7g. M.
1,000,000
500,000
3,510,000
1,000,000
3,000,000
2,000,000
1809
1872
1873
J.
J.
J.
J.
7
7
7
493.900
400,000
200,000
4,997,000
194,400
160,000
'6S-'69
Bonds
$1,308,100 of the
50
100 &c.
100 &c.
100 Jtc.
100
"3(i
&
&
&
&
&
&
&
M.
"ijia
430,000
1,000
1,000
1,000
A.
6
6
3,200,000
1,908,274
2,999,000
730,000
147,000
190,000
1,309,200
100
M.
3
573,(K)0
1,000
1,000
<k
Q.-J. N.
G&7
1,359,000
770,000
81,000
2,500,000
1,000,000
623,523
377,115
1,702,316
150,860
51,000
150,000
250,000
100,000
110,000
103,206
5,000,000
296,000
580,000
81,500
"
Fast Fennsyivania—StoclL
Eastern
1863
1864
1803
1863
18i0
J.
7
7
2,200,000
2,004,000
500,000
3,219,000
100
500
500 &c.
500
A.
7
3,024, .300
Various
143
100
43
55
55
80
270
242
112
130
.
—
1858
1869
1870 500 &c.
1874
1,000
1871
1,000
1873
1871
i",6"oio
1872
1,000
1873
1,000
1809
1,000
1870
1,000
1855 250 &c.
1856 500 &c.
1860 Various
1863 Various
1806 500 &c.
1833 100 &c.
1853 300 &c.
1851
1.000
1854
1,000
1833
1,000
1800
1,000
94
94
164
23
104
.
Lake Mieh.— lat mortgage
2d mortgage, on main road
Ionia
IS.'iO
25
106
118
88
.
2d mortgage
Lansing
1856
1872
"oo
.
<t-
DelroU, Eel Itiver
1805
&
1%
2
7
$2,395,350
1,280,100
1,870,000
420,000
350,000
500 &c.
105,500
1,000
014,000
50
1,388,023
100,000
050,000
1,000
1,000,000
"bo
25,889,000
500 &c.
1,033,000
1,000
1,198,000
100 &a.
398,900
100 &c.
417,300
1,(X)0
2,437,000
50
1,000
1,000
1,000
110»2
13 1859
11012 1875
2d mortgage (Udawarc, Lackawanna & Western)
Bonds {c,onvertil)le June 1, 1S75 to '77)
Lackawanna & Bioomsb., 1st njort. (extension)
do
2dmortgagc
do
Denver f'aciflc—lat mortgage, gold, laiid grant
Denver Itio ij*an<le— 1st mort., gold, sink. fd.
Des Moincji d- Fort Dodge— iHt mortgage, coupon.
Detroit.
187tJ.- *?
•,
&
&
&
&
"&
Penn. R. R. Co.
do
do
May, 1876
Phila.,
Phila., Penn. Ti-nst Co,
Phila., Penn. K. R. Co.
N. Y., Co.'s office.
do
do
do
do
do
do
do
do
do
do
do
do
uo
do
do
do
Loudon.
&
&
&
&
&
&
&
&
July, 1876
1, 1880
1, 28(32
1, 1>'73
1, 1873
1, 1897
Sept. 1, 1879
Mar. 1, 1883
Oct. 1, 1880
June 1, 1888
July 1, 1891
J.an.
Oct.
Oct.
Oct.
May
Jan.,
Sept. 1,
1893
1875
East Pennsylvania.— Ijcaaei to Philadelphia &
Reading at 7 per cent on stock and bonds. Dividends are 6 per cent per annum.
Eastern 5Aor«.— Formerly leased, but now operated on own acconnt since December. 1869. Coupons for $216,000 overdue. (V. 82. p. 897.)
Eastern. (Mass.).— Company embarrassed 1875. V.
At request of bondholders, a general
p. 347.
31,
mortgage was authorized by Massachusetts Legislature to fund the old issues of deht. Annual report,
ure
,f.S1. p. fCAO* V. 32, p. lEW
V.f*1 t^ 569: V 0.3 r, 16«. T,^,„.4t«» .,-„.* _» Tr
Funding proposal V.
21',
II,
(V. 30. p. 177, 243 : V. 3', p. 323. 347. 5T5,
p. 618.
t69. 61-2; V. -28. p. 4 J, 61, 87, 135, 158, :31, 590; V.
69.
!•>
,^
1R £o Q,: ,
1, p. 15, 63, 86.)
BJmira
em
WT//inm»port.—Leased in
ct
Central for 999 years.
18')3 to
Rent amounts
North -
to $165,000
per year.
iFrie.—Mr. H. J. Jewott, the prcs'dent, was aopointed receiver May 26. Negotiations for settlement with
bondholders pending— see report of I^ondon Committee in V. 22, p. 4').3. Int. dn the first four mortgages
Foreclosure suits were commenced under
IS paid.
the fifth and consolidated mortgages, but in
February. 1H76, overdue interest on .^th mortgage
was paid byMaitland, Phelps&t'o. Thelargc«tgrosa
carnirgs ever maile were $30.01i,606. in 1873-3. The
fallowing comparison for four years is from the
company's report to N. Y. State Engineer for the
years ending Sept. 30
:
S
K
Dunkirk Allegh. Valley
Pittsburg.—
consolidation, Dec. 1, 1878. Stock, $a.:j0O,OOO. Roa'l leased
and bonds mostly held by
Hudson.
Duchess,
(ft
(y. 20, p. 15;
New York
Columbl-t.—To be sold
V. 22, p. 311.)
Central
&
in forocloenrc.
Kv>t Tennessee Virginia ,(; f}eorgla.~VtTn9^ earnings year ending; June .30, 157.5. were $1,0.59,9%; expenses, *34!,'i6i, and net eanilugii, $717,588. Annual
report, V. 81, p. 276.
Gross
1874-5....
1373-4....
Receipts.
$17,677,746
.
Net
Eamines.
$4,99 '.616
.
1*<,393,N99
5,0.3.5,161
187-i-3....
.
20,'i'.-!,6n7
18n
.
18,371,888
371,965
5,777.381
2...
V
Interest,
Rentals, Ac.
$6..3S1.781
5,021, (Wi
8,42.5,380
8,'J89,445
20. p. 61, 8.">. 14«.4.Vt, 477. rsi\. 570
(V. -JO, p. 288;
H»; V. 31. 0.39. 63. 137. 159, 186, 207, J:«.277. 308 37]"
893, 441, 691, 613; V. 2-2. p 41, 42. 158, 233, 881, 305'
g7J, 423, 417, 437, 521, 545, 690; V. 83, p. 15, 63.>
,
RAILROAD STOCKS AND BONDS.
Jjly 29, 1876.]
Sabacrlbera
)
. .
.
.
.
.
;
nrlll
Zi2
confer a great nivor by kIvIos; Immediate notUe of anr error dIaeoTered la ttaeee Tables.
DESCllimON.
Miles
of
of column licadince, &c., Kec notes
Road.
at ttio hoiul of lli'8t pa^tt of tabluH,
For explanation
Date
INTEREST OK DIVIDENDS.
Size, or
I'ar
Aoni/«-Priii«t-
Amoimt
pi.l.
Rate per When Where Pnyablo, and by
Value. Outstanding
Cent.
Puyablo
Whom.
of
Bonds
When Dee,
Storks— iMtt
Dividend.
—
Erie Railway— {Continued)
1st oonKOlidatiKl nioitKaRO, gold (for $30,000,000)
2il oonHoliilaIrd mort>,'aKi', 5-20, (for $10,000,000)
New
lioiuU (drlx Mtu]'i',K)courortlble
rittxbnrtj Stock
1 8t nioit+;as«, <;onvortil)lo into
2d mortxajio. coiivrrlililo
Erie
45!)
45!)
1883
till
1870
1874
1873
$1,000 $12,070,000
1,0(K)
14,400,000
1,000
10,0(K),000
50
1 ,9i)8,4(M)
100 &c.
291,700
82>3
81»3 ]8(V2
t£
couxoUd. mort
Sll-J
18C5
1(K)
&c
02,.100
2,193,0<K)
HOO,0(K)
i,<m
1,(K)0,<KK)
«
nooX'c.
2,000,000
814,000
£200
2,000,(KK)
««•
1,0(K)
301,000
616.000
147,000
5H
40
88
51
—
10!)
.
CAic— l8t mort.,
23
50
50
04
gold
2d mortgage, gold
ftteAfcii/v/— stoelc
Bond8, conponH (.$4,000,000 authorized)
Ftint
I'ere .ll«r7«e/(c— .Stock
Consolidated mortKa'.,'c, sinking
fund
l8t m. on 20ni., 2d on 40; 1. gr. 153,600 no.., 2d d.
l»t nmrt.. land ffraiit :i.")8,000 acres, !ld div
Flint & Holly KU. (Hink'g fund $25,000 per year)
Bay <Tity, E. Haglnaw, 1 st mort., guar by lessees.
Bay County, issued in aid, giuvr by lessees
Construction IhuuIs
Holly, Wayne tc Monroe, Ist mort., sinking fnnd.
Flushinff, Xortltxlioretl 6Vrt<.— iBtmort. (Fl. &N. 8.).
(Fl.
& N.
(!0
100
17
13
<£•
—
Athom — Ist
mort.,
8. f.,
775,0<M)
325,<K)0
100
4,000,000
500,000
3,298,200
2,924,000
33,000
2,145,000
400,500
100,000
75,000
280,480
1,000,000
800,000
400,000
1,000,000
200,000
300,000
1,500,000
1,000
100
1872
1866
1868
1868
1867
l',()00
,000
500 Ac.
500 Ac.
1
65
58
1871
1,000
186!)
500 Ac.
1870
1872
1873
1870
1869
1871
1869
1871
1871
1873
1873
1870
1,000
10
100
100
109
109
26
82
rf;
d:
1,000
1,000
500
S.)
Central of 'L. I., 1st mortgage
do
do Extension 1st mortgage
Fonda^ Johnstown
Gtope.rneHle — 1st mortgage
Fori Wayne, Jackson cC Saninaw — l8t mort., coup.
3d mort. and equipment bonds, coupon
Ot/icinnait— lstmort.,gold.
Fort Wayne, Muncie
2d mort gage
Framinf/ham <C Lowell— 1st niortgage bonds
(laivexloii, Ifarrisb.it San A ntonio
1st mort, gold.
Ualveston, Itouston tt llend. 0/1871— Ist mort
Qtiieva, Ithaca
1,000
500 Ac.
1874
233
233
<C
2d nH)rtKage
.
.
50
gold
35
232
Oeorgia Kailroad i£- Banking Co.—Stock
Bonds, not niortgage
iio
Oilman, Clinton <C- .Sprirtf/Zteirf- Istmort., gold
110
2d mtM'tgago, gold
335
Orand Rapids <£ Indiana Stock
335
Ist mort., land grant, gold (guar, by Pa. KR)
335
iBt mort., land gr.^nt, gold, not guaranteed
.335
lucnnm mortgage bonds, for $10,000,000
Grand ifVuiifc (CVmarfd)— Consolidated stock
1,377
New stock for ieiO,0<)0,000
Debaiture stock for i;s,000,000 (act of 1874) ....
Canadian debentures
l^uipmcnt mort., Ist on all rolling stock
—
500 &c.
500 Ac.
100 Ac.
1,000
.500,000
1,000
1,000
i',6bo
1,800,000
500,000
500,000
1,700,000
1,000
600,000
4,200,000
544,.50O
1870
1872
2,000,000
1,000,000
2,800,000
4,000,000
4,000,000
i',6oo
1,000
1,000
18(19
1809
1875
£25
£100
1873
1875
do
conv
Debentures
Mortgage bonds, coupon
do
do
do
do
New bonds, coupon
Oreenville <t Columbia— iHt mort.,guar.by State
Bonds not guaranteed
New mortgage (for $2,.-)OO.0OO)
Oulf, Western Tejcas d Vacifie—Xnt mortgage
Hannibal St. .Joseph— Conmion stock
.
£20ia
350
350
350
350
350
145
143
£100
Preferred stock (7 p. c. yearly, not cumulative).
Missouri State loan
I*i\ui\ grant mortgjvgo
Bonds 1870, convertible
Ist mortgage (Quincy & Palmyi-a RR)
let mortgage (Kansas City & Cam. RR.)
Barrisb., Portsm'th, ill. Joy it />anc.—Stock
1st mortgage
Brie <fe Piltsburg.-haised in perpetnlty to the
Pennsylvania Railroad and IrausferrL'd to Pcnn. Co.
the terms gnarantce 7 per cent per nnnuni on stock
and debt. Net earnings, 1875, $32ij,787. V. 20, p.
—
Defanltcd in
North American.
1875. A very complete Btatem«nt of debt, including bonds pledged for loans, in V. ii, p. .Sir). Interest is paid on let niortgajc and Bangor & P. (V. 20,
European
<St
p. «15: V. 21, p. 15, ill, 315, 3i8,
3!»5,
BvanitvUle <* CrawfordsvUle —Common stock is
»1,(M1,400; preferred, «100,00(l. Net earnings 1874-5,
$:4I,426. The company has pnid interest regularly,
bat no dividends. (V. 21, p. 488.)
EvansvUle, Ttrre Haute t6 CAlco^o— In 1874 5 net
earrJogs were $114,089. (V. 21, p. 136.)
&
Massachusetts.
.y,feA*Mri7.— Lt'a.ses Vermont
Net earnini-s 1874-.5. $.'191.02!; dividends, 8 percent
for some years. (V. 21, p. 29, 590.)
FTtnt (6 Pere .Warquetle.—Grofs eamines 1875,
The lands are in
*l,05.5,0r3; net earnings, $3">8,49.S.
Ave trnst; sales in 187.'!, 7.430 acres, for $84,6.3S;
total to .Ian. I, 187« 2«?,n39 acres, for <;s,)43,96!;
lands vet nnsoltt, 248,.'in2 acres. Coupors on consol.
bonds passed Nov., 1875, and part were funded. (V.
498,
593; V. 21, p. 488, 631; V. 2', p.
668.)
&
Central.— K consolidation
Flvshing, Northsliore
In 1874 of seven companies. Operates Soiitheni of L.
I.
There are. in aildition to above, »25,0(I0 N. Y.
Flashing RR. 7s; tM'l.ono North Shore78; and
»9»,000 Wliltestone A Westchester "8. (V. 20, p.
A
•382)
Fonda, Johnstown
A
OlovcrsnUle.—'Set, earnings
ISr-i-a, »4.-),957.
Fort tf'nyne, .Tnck-mn cf Saji'vatc- Traffic guarantee 40 per cent from Michigan Central. Inten-st wns
Junnary, 1814. Gross earnings, 1874, $282,882;
net, «1«,309. (V. 19, p. 365; V. 20, p. 691 ; V. 2J,
p. 85 J.)
pas5.-!(l
!«•
7
"h
7
143
69
275
275
.
10
10
10
8
8
7
7
7
7
7
8
8
!«•
7
«K.
!«•
7
l«8g.
'"7"g.
g.
A
A 0. liOndon, at Co.'s Office,
do
do
J.
do
do
A A.
do
do
A
do
do
A J.
do
do
A J.
AO. London A Montreal,
do
do
A 0.
A J. London Joint Stock B'k.
do
do
A J.
do
do
A 0.
do
do
AO.
do
do
A D.
do
O.
1,
1,
I,
1,
1894
1903
187«
1882
1890
1898
1890
1880
18(>0
1,
1,
I.
July
Jan.
Nov.
Ang.
1899
1897
1887
1887
1880
1900
1,
1,
1870
1894
I
May
July
April
May, 1902
1887
1888
May
1888
1882
1887
1876
1901
May
1889
Jan.
1,
Bt'pt. 1,
1.
July 1.
Sept. 1,
Jan. 1,
Jan. 1.
1,
1002
1903
1900
1889
Oct., 1881
Oct., 1889
April, 1896
1891
1910
July 1, 1902
July 1, 1890
Jan. 15. 1870
ycariy to 1890
Sept., 1900
Jan.. 1892
Mar.
May
July
July
a" J. N.Y.,Wlnslow, L.4CO
A.
.!.
.1.
J.
IH
A
2«3
A.
.1.
.1.
SVj
51a
A.
A.
1,
1,
1,
1,
1899
1899
do
6
J.
Columbia, Co.'s
1867
7g.
"7
3Hl
J.
A.
8
8
M.
10
ift Lowell. -Leased to Boston, ClinPitchbnrg; has also $150,000 8 per cent bonds.
16, p, 188.)
Galoe-tton. HoujsIoii <£
(V. 2J, p.
1874, $256,375.
&
Sa-t Anto-io.—"ln prog$310,374. (V. ii, p. 875
Henderson.
8;5)
— "Set
earnings
Oeorgia liallrond A Banking Company -The annual report for the last fiscal year, ending April 1,
.V com1876, was published In V. 2,', p. 409.
parative statement for throe years was as follows:
1873-4.
$l,.571.78.'i
1874-5.
$l,28t,!)(y7
18T&-fl.
$1,191,8-24
S8',456
8i«.097
6l1,fl-7
684,3:Jl
45.5,809
552,li46
In May, ;875. this company, with the Centnil Oe rgia.
purcliased at foreclosure sale the Western Railroad
of Alabama. (V. 19, p. 247; V. 21, p. 895.)
Clinton
A
April,
April,
Oct.,
Oct.,
I.T.
N. Y., B'k. No. America.
.1.
do
do
do
do
do
do
do
do
8.
A.
J.
J.
Philn. Co.'s Office,
do
do
.1.
1877
1878
Dec., 1890
1881 to 1886
Jan.
O.
1874
1874
Pen>etual.
July, 1876
1,
1908
1870
188.»-1887
April 1, 1881
Mar.. 188.%
Jan., 1892
Jan., 1802
July
Julv
1.
1.
1876
1883
on the ec
"Bx. Ijind Grant
mortgage as the guaranteed bonds
tirc!
$'89,000 are
Rind grant.
Bonds," biln^ a part of the orlgnsl $l,00O.'00 unguaranteed bonds, which Ivave from lane to time
been redeemed by the operations of the finking
fund. When the land certiUcate Is detached Ihey
are no longer a len on the Ijtiul. but, by the terms of
the trust deed, remain » ft > n.or" age on the whole
line and appurtenances. No. 4.001 to S.Ol'O. Co*.
pons April and October. Annual report, V. W, IW
610.
(V. 21, p. lie, 531.)
(Canaila).—'TYief»: figures reoresent
Gross earnings in half year ending
1876, £1,023,85'; expensi'S, £818.408; net eamines, £JOB,4.->0. Reportln V. S», p. 445. (V. SI, p.
Grand Trunk
Geneva, Tlhaca A yl<A«n». -Consolidation in 1874 of
Geneva & Ithnca snd Ithaca & Athens. In Receiver's
hands, April, 1875. (V. 20, p. 357.)
Tot. gr. onrng's...
Opcrat'g expenses.
Net earnings
;F.
|J.
J.
Framingham
A J
A
A
A
A
A
&
A
1877
1920
Perpetnal.
IiTedeemable.
Irredeemable.
Irredeemable.
Aujr.,
7
700,000
i8.V3
J.
Office,
April,
Jan..
do
do
1,182,.5,')0
1,000
Net earnings UT4-5,
.1.
7
1,386,000
9,167,700
5,087,224
3,000.000
109,000
4,000.000
500,000
1,200,000
100
100
OaiiKtton, na-iiibiira
A
632,237
V. 20, p. 18^.)
aUman,
J.
.1.
g.
Fort Wayne, tfunc^e A CTnHnna/l.— Receiver
appointed Nov mbcr, 1874. (V. 19, p. 502, &«, .WS;
ress.
April
Various, F.
5
6
1,000,000
1,413,071
15
A
Mar.
A.
7g.
4
127,000
485,000
62,000
1863
1870
ton
(V.
Jan.
1870
1853-7
53
54
54
A J.
Boston.
A .8
New York.
A O. Boston, Seeond N. Bank
J. A J.
Ixmdon.
J. A J. N.Y.,Fanu,L'an A T.Co.
M. A N.
do
do
F. A A.
do
do
M. A N. N.Y.,Fnnn.I/an A T.Co.
J. A J.
do
do
J. A J.
Boston Office,
A. AO.
do
M. A N. N.Y., Mcreh'nts'Ex.B'k.
J. A J. N.Y. Median. Nat. B'k.
M. A 8.
do
do
M. A N.
do
do
J. A J. Newark, N. J., Sav. Ins.
M. A 8.
New York.
do
J. A J.
J. A J. N. Y., Meoh., Nat. Bank.
M. A N. N.Y., Chatham Nat. Bk.
M. A N.
do
do
M. A 8.
do
do
M. A N.
do
du
J. A J. N. Y., St. NIeh. Nnt. B'k,
J. A J. N.Y.,Fanu'8.I..AT.Co
do
do
A. A O.
A. A O.
Boston, Office.
A. A O.
do
F.AA.
Bost. A Ix>udon.
J. A J. N. Y.,F. P.Jamo«ACo.
J. A J. N. Y., Mctrop.Not. B'k.
J. A J. Augusta,Ua., RR. Bank.
do
do
J. A J.
H. A S. New York and I.ondon,
J. A J.
M.
,
8
7.166,910
£4,459,309
288.883
418; V. 2;, p.
871; V.2a. p. 68.)
20, p.
iioo
£100
£100
£100
Various
<£•
426.)
7
7
l,9i)8,275
495?j
.
2.
A.
It.
2,.327,808
.
Mar.
J.
500,000
500,000
1,200,000
3,218,149
Oreai Western ( Canmto)—Comraou stock
Preferred 5 per cent, convei'tible into common.
Sept. 1. 1920
do
Jan. 1,
tJ.-M. N. Y., Union Trust Co. June 10,
J. & .7.
do
do
July 1,
A. A O.
do
April I.
do
J. A J.
do
do
July 1,
A. A O.
do
Oct. I,
do
3,111,.'500
do
2d
Ix>ndon.
Ijondou.
£3,486,787
7,500,000
1,060,000
Istpref. bonds, conv. into 1st pref. stock
do
do
New York and
S.
I).
(»)
do
do
Postal bonds, &c., secured by gov't business
2d
3d
7
l,4!)3,0OO
100 A«;.
100
2d
do
7
7
7
1869
1869
1 869
1867
1852
1854
1860
1870
1873
-fiVi
KocU ville
<(!
Ill
1,000
Equipment bonds
EHrop'«<C-^V./lm.— l8tM.,Iian);'rti>Winn.,lJanK'rrn
I>and Krant Ist inort. (.id niort. Haujjor to Winn.).
Banf^or & I'iHcatannlH, Haiijcor loan, iKt mortg...
Ist niort};af;(', stiilinK, on N. Brnnswick roiul
Loaiii^c. <6 Crair/'ttnfNe.
iHt m., Ev. <fe 111., B. f
Ist mort., Hinliin;; fund (Evaiisvillc to ToiTc II,)
&
Q.-J.
81>2 1808
ConHolldated nioi-tgaye froo of State tux
exti!nsu)n
tloancille, Terre Haute
M.ic
J.
Sprin(t/leld.—TMs company
defaulted in 1874, and was sold June 8. IRTIi. (V.
21, p. 404. 570. 615: V. 21, p. 89, 63, 110; V. 2«, p.
375,614; V. 23, p. 86)
Orand Rapids A Indiana.-Ka official dcscni>tion
of bonils was given when they were put on
the call of the New York York Stock Exch'ingc, in .Tiinunry, 187.5, as follows: *4.r<X).().)i)
are ' (>narant.Tcd Bonds." Principil and interest
gunraoteed by the Pennsylvania Riilroad Company, and arc also a lien upon the land grant.
$3,020,1100 are " Un'.Miarantecd
No. 1 to 4.0 0.
the
same
secured by
Bonds," which are
pounds Btcring.
Jan.
1,
440.)
Great Western (Canarfa).— These flgrres are given
In pounds sterling. Company leases several roads In
('aiiada, amonnling to \M'^ miles, and the Detroit
A
Milwaukee, 188 miles. For the half year ending
th» gros« receipts were £4.'!«,0S7;
31, 1876,
working expenses, £313,.'>t I: net earnings, £9»,543.
Report in V.*«, p. 446. ( V. 21, p. 412, 5 40.)
Jan.
CWMfn*irt.—This rompany defsnlted
Greenville
several years since, but compromised with its bond(See CHnoNici.r:, V. 16. p. 220; V. 17, p.
holders.
A
460, 752;
Gulf,
V.
20, p.
568;
1814-.5, $.50,000.
holders wait.
V.
22, p. 110.)
A
Paeifie.—'Sei earning,
O-erdue coupons, $2 12,5iO. Bond-
Western Terns
(V. 20, p.
428.)
Joseph.— Ot the M'ssonri State loan
$1,500,000 WHS extended for 90 years. It is stated
Hannibal
A. St.
that the Co. lias *2 ROO.rfrO in land notes, .ind 90,000
acres vet unsold. A change in the directors took
place Nov., 187.5. No report has been issued sine*
1872. (V. 21, p.412, 488; V. 22, p. 153, 328.)
—
TIarrUbura, Portsmouth, JJmmtJoij A Lancaster.
Leased to Pennsylvania Railroad, which owns »
majority of the stock.
.
.
. .
.
.
EAILKOAD STOCKS AND BONDS.
xs
[July 29, 1876.
Sabsorlbnra wtll confer a great laTor hy kIvIiik Immedlats notice or anr error discovered in theae Tables.
DESCRIPTION.
at
tlie
Bart/., Proe.
<t
I1!JTERE8T
of
Fighhill— let mort. (R.
2G'2 1853 $500&o,
I.)
JToKnafonic—Stock
Preferred stock
120
120
74
2d mortgage
Bonds of 1809
Bonds of 187;t
Houston
Texas Vent.—-Ist M., (main) gold, l.gr.,8.f
Ist mort., West div. (IlenipstcacI to Austin)
343
118
47
401
58
58
58
<6
Ist M., gold.Wiuo & N'wcst (Brcmond to Waco).
Consol. iiiort., I. gr. (coupon, but may be reg'd)
Huntingdon it Broad Tojj—ist mort., gold..
2d mortgage, gold
3d mortgage .consolidated
Scrip for past due coupons
Illinois Central Stock
.
. .
—
707
Redemption, 1 st and 'Jd series
General mortgage, sterling
Sterling bonds, (sinking fund $100,000 yearly)...
Mortgage, sterling
JndianapbllSy liloominyton
tC
West.—Xat mort., gold.
202
202
217
85
2d mortgage
Ind., Bloom., & W., Extension, 1st mort., gold
Indian'polis Vec. <£ Sur.—lut M., gld (for $1,800,000)
2d mort., (income bonds only till July, 1881)
IndianajioHs, Vincinnuli d: Lafai/ette Stock
Preferred stock (issued for tun((ed debt bonds)
Indianapolis * Cincinnati of 18.58
Indian aiiolis, Cincinnati & Lafayette
—
do
do
. .
90
154
174
do
Funded int<^rcst bonds, coupon
Equipment boiuls, registered
Cincinnati
&
Indiana, ist mortgage
20
20
71
2d mortgage, guaranteed
Indianaimlls
Jit Louis— lat mort., In 3 series
tC-
2d mortgage
Equipment bonds
71
Indtanapolis d- Vinc^nn^s— 1st mortgage, guar
2d mortgage, guaranteed
InlernatiomU <£• Great Northern— CousoX. stock
International, Ist mortgage, gold
Houston & (Jreat Nortlicrii, Ist mortgage, gold...
Int. & H. & G. N. convertible bonds
ii7
117
4D9
204
255
do
do
2d mort., (exch'ble for convert.)
<t Sioux City— l!tt mort., April 1, '69
Iron Mountain, Chester </ i;.— 1st mortgage, gold
45i>
Jacksonv., Pens.d: J/o6.— Florida State bonds, gold.
Jefferson f I'a.)— 1st & 2d morts. (Ilawley Branch)..
1st mortg.age (Susquehanna to Carlioudale)
250
Jowa falls
184
&
9
38
226
8G
159
—
Madison
Indianapolis
d: Indianapolis
Stock
Madison, 1st mortgage
Madison A; lud., 1st mortgage
do
do
2d mortgage
Jersey City
A Ibany— lat mortgage, gold
Bidgefleld Park, (N. J.,) Ist mortgage
Joliet (£ Northern Indiana— Xi^t mortgage
Jvtielion, l'hiladclphia—\at mortgage
2d mortgage
Jeffersonville,
1,59
38
12
<£•
1860
1873
1866
1870
1873
1872
1854
1857
1805
1851
1864
1875
1874
1875
1869
1870
1872
1876
1870
1875
1858
1867
1869
1873
1873
1802
1807
1869
1870
1871
1,000
1,000
1,000
1,000
500
500
1,000
"ib'o
500
<fcc.
i;200
£200
£200
1,000
1,000
1,000
1,000
1,000
50
100
500 &c.
1,000
1,000
150 Ac.
500 &c.
1,000
1,000
1,383,000
100,707
29,000,000
2,500,000
2,500,000
4,642,000
1,000,000
5,000,000
1,500,000
5,500,000
38,000
2,667,000
5,008,907
1,200,000
1,600,000
2,800,000
l,701,t)00
469,100
375,000
500.000
1,497,000
2,000,000
1,000,000
500,000
1,700,000
1,450,000
5,500,000
3,204,000
4,084,000
3,116,000
1,843,000
2,960,000
500 Ac.
1,000
1871
1872
1872
1874
1809
1870
1867
1869
1802
1866
1870
1873
1872
1,600
1,000
1,000
1,000
500
<fec.
2«5
52
78
78
130
202
.
.
060,000
4,000,000
300,000
2,000,000
1,994,500
397,000
2.439,000
2,000,000
250,000
300,000
800,000
500,000
300,000
2,789,413
500,000
1,400,000
539,500
2,500,000
887,000
918,000
305,000
1,000
1,000
100
500 &c.
1,000
1,000
1,000
1.000
1,000
41a
City, St. Joseph <f: Council niiitTs—Stock.
Ist mortgage, Council Hluffs & St Joseph.
Joseph & Council Blulfs, 1st mortgage.
do
do
convertible
Mo. Valley, 1st SI. (.$1,000,000 of it is gold)
Kansas City, St. Jo. & C. Bl., consol. mort.
New consolidated mortgage (for .$8,000,000)
Three year notes
Kansas
100
100
44
Kaiuas
St.
$481,000
820.000
1.180,000
100,000
100,000
150,000
0,227,000
2,305,000
940,000
2,804.000
416,000
307,500
41
.
Jeffersonvitle,
100
1866
1867
1809
1868
1870
1873
1,000
1,000
500
&c.
1.000
1,000
1871-2
Pacift'c—Stock
673
100
245 isoh
1,000
140 1805
1,000
253 1866
1,000
394 1805-7
34 1866
1,660
427 1800 100 Ac.
1870 2,->0 Ac.
1871
1,000
1,000
561a 1873
33 13 1873
1,000
34 1869 500 Ac.
99 1853
1.000
99 1855
1,000
Ist M., 394th to C39th mile, I'dgr.. 3,000,000 ac's
Ist mort., gold, coup., on 1.10 miles west Mo. Riv.
Ist mort., gold, 140th to 393d milo
2d mort (to U. S. Gov.) on 3g4m. west Mo. River.
1st mort., coup., (Leavenworth Branch)
Income bonds, coupon, 3d mortg,age on 427 miles.
Ist land b'ds, cp, or reg., gold, on 2,000,000 acres
2d land mort., do
do
do
Arkansas Valley, Ist mortgage, gold, guaranteed
June. C. & Fort K., Ist mort., gold, land gr., guar
Kent County, (Md.)— let mortgage bonds
Kentucky Central— 2d mc.'tgage.
3d mortg.age
"2
000,000
4.275,350
1,700,250
1,500,000
1,125,000
600,000
400,000
844,000
237,000
were $2,980,032; net earnings, $r,14J,<t4'i. Interest
charge, $l7o.000. Capita!. *t),500,OOD. (V. 20. p. 77.
140; V. »2, p. 838.)
Huntingdon
<t Broad Top.- Capital stock is $1,Gross earnings in 1875 were *32J,829; net,
$165,480. Interest passed oa 3d mortgage bonds.
993,850.
206.)
Illinois Centfal.—K general inortgflee provides for
all the bonds now outstanding.
It is limited to
$15,000,000. The Company liolds among its assets,
f4,(!4i,000 seven per cent bomis of the N. O. St.
Louis
& Chicam KU.
Tlieso Bonds are part of
which bear a i)ur(hasing agreement of
but are not guaranteed by the III.
Cent, .\nnual dividends for three yeara past have
been 8 per cent, and previously 10 per cent. Tlie
$6,000,000
$•200,000 per year,
following
is
a comjiarison for foiir years:
"
Gross
Tear.
1875
1874
1873
"
Net
Earnings.
Earnings.
&c.
.t7,^02,.536
$-> 87.1.1181
$661,09^
....
7.900,721
413,810
....
8,268.:)i5
2.775,382
2.518.893
2, 10). 10?
...
'
1872. ...
8.028.754
—(V. 20, p. 61, 1 10, 388; V.
Interest,
55^,4.37
.5.57,42 J
,
21, p. 489;
V.
22, p.
16,266.)
—
Indianapolis, Blnominylon 16 yVestern Default was
first made July. 1874, and affairs are yet unsettled.
Receiver's certificates issued to Aug. 1, '73, $30^,00).
The Danville, Urbana, Biooniington & Pekin is part
of this roii'l. Plan of ic-organization. V. 2.', n. ilO
(Vol.80, p. 61. W,: V. 21, p. 24), 27?. .343, 393;
88, p. 16, 61, 110, 357, 375; V. 3i, p. 61.)
V
miles to Indianapolis
is
F.
7g.
J.
J.
J.
Terre Haute.
7
g.
7g.
8
7S.
'''
K-
7
6&7
4
6
«
•T
7
b'-
5
8
1.-.8;
7
J.
"7'
Dividend.
Jan.
B'k.
J.
J.
J.
1,
1876
1889
1883
1, 1891
July 1, 1891
July 1, 1003
Oct. 1, 1912
Oct.l, 1890
Feb. 1, 1895
April 1, 1895
do
N. Y., Nafl. City Bank. Jiily
do
do
do
0.
0.
A.
0.
do
do
do
Philadelphia, Office.
do
do
do
do
do
do
A.
N. Y.,Co.'8 0fflcc.
0.
N. Y., Co.'s Ofllco.
0.
London.
0. Loudon, Morton R.A Co.
D.
do
do
0. N. Y., Turner Brothers.
J.
J.
0.
New
do
do
do
do
York, Co.'s
do
J.
Office.
do
A.&'O. N. Y., Amcr. Ex. Bank.
1876
1890
1895
1903
1905
Oct., 1909
Oct., 1890
1912
Jan. 1, 1906
July 1, 1906
Aug.
April
April
April
Dec.
1,
1,
1,
1,
1,
April,
1888
A A.
do
Feb., 1897
do
D.
do
do
June, 1899
M. A 8.
7
do
do
Sept. '78,'80,'83
10
M. A 8.
do
do
Sept. 1, 1883
J. A D.
do
7
do
Dec., 1892
7
J. A J.
do
do
Jan. '77, '82, '87
7
Various N. Y., Wlnslow, L.&CO. July 1, 1919
A. A 0.
7
do
do
Oct, 1, 1900
J. A J.
8
do
JiUy 1. 1881
do
P. A A. N. Y., Farm. L. & T. Co.
7
1908
M. A N.
do
do
1900
"7'g. A.A 0. N. Y., National City B'k April
1911
do
do
Jan. 1, 1900
7g. J. A J.
P. A A.
do
do
Aug. 1, 1892
8
-"0
F. A A.
8
do
Feb., 1904
A. A 0. N. Y rat. Park Bank. April 1, 1899
7
M. A N.
M.ay, 1901
New York.
I'- J. A J.
190O
7
J. A J. Honesdole Nat. Bank.
1887 A 1889
N. Y., by Erie Railroad. Jan. 1, 1889
J. A J.
7
N. Y., Farm. L. A T. Co. May 1, 1876
IH
U.'&N.
do
May 1, 1881
7
do
A. & 0.
do
7
do
Oct. 1, 1900
J. A J.
do
do
July 1, 1910
7
1913
7 g. J. A J.
M. A N.
New York.
May 1, 1912
7
J. A J. N. Y.,Farm. L. AT. Co. July 1, 1874
8
Philadelphia OfHce.
J. A J.
July 1, 1882
6
A. A 0.
do
April 1, 1900
6
do
"7'
J. A J. New York and Boston. Jan. 1, 1880
M. A S.
do
10
do
Sept. 1, 1892
do
J. A 1).
do
June 1, 1874
8
F. A A. N. Y., Farm. L. A T. Co. Aug. 1, 1893
7 A 7 g.
M. A S.
do
Sept. 1, 1890
8
do
F. & A.
Boston.
Feb. 1, 1898
8
7
7
F.
J.
A
"1,
13
Oct.toJ'ue,74-5
....
A N. N. Y., Lond. A Frankf't. M.ay 1, 1899
A A. N. Y., Bk of Commerce. Aug. 1, 1895
do
J. AD.
do
June 1, 1890
Payable la by transiwrtation.
1895 to '97
M. A N. N. Y., Bk of Commerce. Jan. 1, 1890
do
M. A S.
do
July 1, 1910
J. A J. N. Y., Ix)nd. A Frankft. July 1, 1880
NoAv York.
M. A S.
Sept., 1886
A. A 0. New Y'ork A Frankfort. April 1, 1903
A. A 0.
New York.
April 1, 1903
J. A J. Phila., CoruE.vch. Bank Jan. 1, 1889
M. A S. N. Y., Bank of America. March, 1883
do
J. A D.
do
Juno, 1886
M.
R.
6g.
6
7.
7
7g.
7g.
7
g.
7g.
7
7
(V. 21,
426.)
V.
A.
A.
g.
Iron Mountain, Chester <C Eastan.—This was formerly the Chester & Tamiroa. Bonds are iu default since 1873, and a receiver has bceu appointed.
(Vol. 19, p. 530; V. 3>. p. 614.)
Jacksonville, Pens-jcola & MMle.—'V'ias road is
mortgaged for a like amount of Florida State bonds,
and IS held by the State's agent. (V. 19. p. 639; V.
V. 22, p.
A.
J.
7
Irdernatlonal ,fc Great yortliern{Texas).—'T\\\s is a
consolidation of the International and the Houston
Great Northern. Interest passed aud fandiu'r progressing.
The company had an issue of 'Texas
bonds granted it, but tlie grant was repealed and
lani given instead. (V. 3.). p. 1S6, 2)1, 313, 383; annual report. V. il, p. 398 )
Iowa Falls cfc Slo^lX Ci7i(.— Leased to Illinois Central at 35 per cent, on earnings, tjuarterly dividend
la per cent, Juno 1, 1876, on $4.6J5,0U0 stock.
;
A.
J.
J.
.
81, p. 5:11
F.
A.
7g.
Iniianapo'is <S: Vinesnn4s.—l' controlled by Penn.
etiMik ownership, and interest is guaraateed by Penn. Railroad.
Net earnings iu 1375
(V. 20, p.
A.
A.
A.
Co through
$32,708.
&
&
A
&
&
&
&
A
&
A
A
A
A
A
A
A
A
F.
KI.
K-
p. 395.)
wore
Am. Nat.
do
....
Indtinapoli' <t St. Louis.— The stock, $600,000, is
owned by Pennsyivaiii* Co. and C. C. C. & I. This
company forms part of tlie Pennsylvania system, and
&
Hartford,
Stoclcs—Ijaat
Bridgeport A Boston. July 10,1876
A. Bridgeport and Boston.
1889
&
7
6
in progress.
leases the St. Louis, Alton
J.
Uonrf*— PrinciWhen Due.
pal,
Q.-J.
20,0t)0,000
0,404,000
2,240,000
4.003.000
0,303,000
&
J.
Bartford, Providence J: Mshkltl.— Tins road forms
IniianapoH'. Cincinnati (fc Lafayette.— The coma part of tho proposed line of tlie Boston, Hartford pany was re-organized in Jnne, 187;j|, and has since
&Brie. The bonds foil due Jan.. 1876, but city of been doing a good business. The last annual report
Providence declined payment and suit is pending, was in V. 21, p. 461. Gross earnings, 1874-75,
(V. ai, p. 87, 304.)
$1,767,231; net, *670.980. (V. 20, p. 162. 337; V. 21,
fibiMOtonic— Lease < Berkshire Railroad, Stock- p. 207, 277, 485; V. 22, p. 357.)
bridge & Pittsfield, and West Stockbridse. Gross
Indianapolis, Decatur cfi Spring field— Tins emearnings in 1874-5 were Ji(>S2.00H; net, »2J2,ir3. The braces the former Indiana & Iliinois Central. The
mort. bonds due 1877 paid off Nov., '75.
(V. S(, p
second mortgage is issued to holders of old I.& l.C.
V
•
'1
338.)
firsts, and till July, 1881. Interest is payable out of
Houston <t Texas Ceniral.—Gross earnings in 1875 net earnings only, if sufficient. The remaining 67
(V. 22, p.
OB DIVIDENDS.
Miles Date Size or
Amount Rate per When Where Payable and by
column hondiugs, &c., see notes
of
of
par
head of ttrst page of tables.
Road. Bonds Value. Outstanding
Cent.
Pay'ble
Whom.
For explanatiou
2:, p. 63.)
./«/??r«)n. —Leased to tho Erie Railway Company,
which pays interest on the bonds. (V, 14, p. 6«*.)
!•'.
JefersonvlVe. Madi^i.
&
—
Indianapolis. Leased In
& St Louis Railroad
187i" to Pltt8bnr;'h. Cincir.nati
and sinking fund of bonds and 7 per
on stock. Lease transferred December,
1873, to Pennsylvania Company.
In 1875, net earnings were {468,281. (V. 20, p. 426.)
for interest
cent, a year
.Jersey Cit>j
A
Albany.
—Road was
was stopped
in panic of 1873.
(V. 19, p. 363; V. 21. p. 613.)
off.
in nroeress, bnt
Bonahotders held
•Joliet <t NorUiern /n?fjan«.— Mich. Central offered
to extend with a 6 per cent, bond but court decided
tha* total rent must be applied to principal and
interest of bonds; still in litigation. (V. 20, p. 85.
140, 429; V. 21, p. 110; V. 22, p. t87.)
—
Ji/ action iPhil.'^
Owned by connecting companies.
Cost of road $898,31); paid-up stock, $185,000.
S
Kansas City, St. Joseph
CotjncU Bluffs— \n add tion to these, there are also funding bonds of abont
$640,000 in different Issues. Annual report for 1875
in V. 32. p. 4»5. Gross earnings in 187.5, tl,362,705;
Steck, $2,776,000. Interest defaulted
not, $331,869.
Sept., 1873. (V. SO, p. 473; V. 22, p. -Hi, 495.)
i
—
In 1875 net earnings were
Pacific.
Tlie land
against $1,08.5,764 in 1P74.
in two trnsfs. 2,u00.000 acres in the first,
tho Ist to the 380th mile, and 3,000,000 acres in
Kansas
$1,5TJ,HS0,
grant
from
is
the second, from 3S0th milj westward, lutcrest on
income bonds is payable iu lands or cosh, only out
of net earnings. 'I'he company now pays half the
current interest on its bonds, (except the incomes)
as ab >ut four.fifths of bondholders have funded.
An important settlement with Union Pacific made in
May, 1875. See onnnal report, V. 21, p. 88. (V.
20, p. 8, 85. 476, .501, 544: V. 21, p. 252, 466, 618; V.
ii, p. 645;
V, 23,
p.
38,86.)
Kent C».— This road was completed In 1872, but
defaulted in 1873. No recent information received.
&
Kentucky (7«n<ra/.—This was formerly Covington
Lesiugtou.
(V. 3J, p. 500; V.21, p,3J,)
)
.
,
RAILROAD STOCKS AND BONDS
July 29, 1876.]
XXX
wUl
8nb«crlb<r»
eonfer « great r»Tor by glTlag InunedUte motlee of anf error 4leeeTere« ia thee* TaklM.
BontU-PwtmiINTKRK8T OB DIVIOEHDB.
HUes Date Size, or
pal. When Om.
Amount
For oxplauntion of column heodlnes, &o., goo notes of
of
Par
Outstanding Sate per When Wliere Parable, and by Aaetc-Uwt
at tlie bead of tirgt page of tnbles.
Rosd Bonds. Value.
Cent.
Payable
whom.
DlTtdend.
DESCRtPTtON.
Keohtik
Des JWoi/iM— Ist
inteipst bonds
i£
Funded
mortgage
102
XoA-e Jirie
LouixMle—ial
<£•
iMkt Shore if
niort. ($1,100,000)..
ilicliiffan A'oHMicr/i—Stock
Qu:u'autci!d 10 pur oont Htoolc
C01180I. l«t molt., (sink, fund, 1 per cent) coupon.
*lo
do
do
rogiHtercd
2d mortgage, do. (for *25,000,000) coup, and r»!g
Income bonds (.s. r. $«0O,O0Opor yr.) coup, or rcg
Mortgage lionds of Oct., 1861), sinking fund
Ist mongaso, sinking fund, M. S. <St N. I
ad mortgage, Micliigan Houtliern
60
1181
451
4,')1
.
1850
18.W
1807
1809
1855
1800
1802
1800
1868
1809
1867
1867
1808
&.
88
88
88
37
12
18
58
Tlireo River
Sclioolcraft
Kalamazoo, Allegan
do
Or. Rapids
do
stock, 6 per
Franklin, 1st mortgage
dc
Jamestown &
do
do
ad mortgage
Lake Superior <t Jfi»»— 1st mort., gold,
Inoomo mortgage bonds
ot.
guar.
'51
51
150
l.gr.,g.I
—
Lawrence .Stoelt
.'..'.
Ist mortgage
Leaven., Law. d: aalx>.—\ftt mort., l.gr. ,8.f., oonr
Kansas C. & Santa Fo, Ist mort., guar
Soutliom Kansas, 1st mort., guar
Lehigh t£ Lackawanna — 1st mortgage
Lehlffh Yalley—StocM., common and pref
1st mortgage, coupon and registered
2d mortgage, registered
Gen. mort. gold. $ & £ (s. fd. 1 p.c. y My) coup. & reg.
Delano Land Company bonds, endorsed
22
17
10
15
Ist mortgage
Street connection bonds
Rock
Little
<t I'ort
r
.
Smith— JUovr stock
..
.
1st M., Idgr't(7:>0,000ae,s)8.fuud(for$3,000,o66)
N. O.— 1st mortgage
Little ICiick,rinc liluffd:
Little SehuylkillStock
1st mortgage, sinking fund
Logansp'l, Crawfordse. <£• S. ^Y. of Ind.—lat mort., g.
Long Island—Stock
1st mortgage, main extension
Fl usliing
Newtown &
and O.
C.
Branch.
New York A- llockaway
Smithtown & Port Je)ler.sou
LtrUscillc, Cincinnati
Lexington^-Stoo)^
Preferred 9 per ceut stock
Bonds to State Kentucky (perpetual loan)
IjOuisville loan
Louisville, Cinoiimatl & Lexington, 1st mort
do
t£
do
LouisoilU
do
2d
Kashnille—Stoak
1st mortgage ou main stem
Louisville loan
Lebanon branch, Louisville loan
Lebanon branch, l.st mortgage
do
extension, Louisville loan
Consolidated 1st mortgage for $8,000,000
2d mortgage, Ijouds, gold
Memphis i Ohio, 1st mort., sterling, guar
Memphis
Louisville,
Lykois
MaeoH
A-
Clarksviile
raducah
Valletj
tf-
—Stock
—
S.
sterling
<ft
Z>m Jfoin«.—Formerly East. Div. of Des
(V. 20, p.
520;
V.
1,500,000
450,000
344,000
5,000.000
720,000
1 00,000
300,000
27,092,297
5,000,000
6,000,000
11,129,000
I2,
V. ?S, p. 304.
Lake Erie cfc lyOuisviUe. —This road was a reorganixstiim, and has been flnanciatly embarra«sed. There
is a second mort^nge of $3:10.000.
See V. 19, p. 36«.
Lake Shore & Michigan. Southern.— The annual report for 18,3 was published in the Chroniclk,
v. 22, p. 4'tl, and balance slieet 44 T.
The
following shows a etimmary of the figures for each
of the calendar years named
8
8
8
3
7
7
7
10
g.
A.
A
do
7
10
F.
J.
A
A
A. N. Y., Wlnslow,
10
M.
2>a
31
31
92
158
95
4
10
19
175
7
A.
2,046,10(1
3
J.
7
8g.
A.
1870
1873
1871
1871
1851
1867
1870
500 &c.
100 <tc.
50
500
500
500
500
50
100
723,500
1
1,500,000
1870
£200
£200
1807
1869
1871
1872
1870
1,000
100
500
1.000
"7'
7
7
7
8,988,301
113,000
1,000
1803
1803
1868
r.
250,000
600,000
2,623,483
851,000
74.519
100,000
3,000,000
881,000
100
1,600
1,000
1.000
1,000
'7'
1.50,000
1,000
1,000
1,000
1858
,500,000
3,3«0.00<»
849,000
225,000
88,000
333,000
7,109,000
2,000,000
3,500,000
2,369,710
3,000,000
600,000
400,000
370,000
2,500,000
1,100,000
150,000
000.000
branch was completed June, 1875, and
had been >pcnt on it to December, 1875.
comparative statement for three years is as
$8,499,867
1874-5.
4.150,ii60 3.-277,.'.27
'Coal (tons) moved
$6,710.5tl5 $S,759,.191 $S.0I6,495
Gross earnings
Operating expenses.. 3,884,860 3.471,418 3,262,861
:
1875.
1874.
Net earnings
1873.
$2,825,7*! $3,!!87,973 $2,783,633
a3,2«!.446 24..V)->,447 «7.l 92,297
10,875,000 16,839,000 23,129,000
1,831,613
Miles
1,175
1,175
1,175
Gross earnings.. $14,431,193 $17,146,130 $19,411,5
Operat'g exp'es. lO.SlI.ljdO
11, 1.52,371
13,746,5«i
Capital stock
Net
* Antliracite.
(V. an, p. 3 11 593; V. 2», p. 1 56.)
ilW«ifinmi,— This company leases the Columbus
Xenia, and both are leased to IMttsburg, Cincinnati
St. Louis, Luaranteed by Pcnn. RR., lessees
assuming interest payment on bonds and 8 per cent
0.
on stock.
Net earnings, 1875, (L. M.
$351,099. (V. 20, p. 427.)
LilUe A'oc*<f Fort .S'mi^A.— Foreclosed Dec. 10, 1874.
Re-organized and stock issued for old bonds. The
new mortgage is ftir constniction to Fort Smith.
earnings....
Stock
Total debt
3,9:12,697
5:1.000,000
37,77), 'JOO
5,99.3,759
5fl,0J0,000
38.0.i5,oa0
6,867.910
50,000,003
38..373,421
—The company's statement of earnings for
first
half
of 1876, on which the dividend was decUred, showed
surplus over in»erc'<t of $1.0:15.000. (Sec V. '23, p. 31)
The 2d general mortsiugc for $35,000,000 was created
to pay floatingdebt and bonds of lasa with $12,000,000
and balance 10 be held for improvements. (V. 19,
p. 315; V. 20, p. 18. 85, 140, 4 5 1 V. il, p. 9, 25J, 418.)
Lakt: Superior dk MitjtijiHppi.—¥oTmiirly Icaacil to
Northern Pacific. Land grant, 1,612.000 acres. Forc-closure plan V. 22. p. IM. (V. 20. p. 88, 14(1, 3*1; V.
2l,p. 372, 570; V. 22, p. 2)3, 545; V. 2:f, p. 8:) )
Xaiffrence.— Leased 10 Pittsburg, Fort Wayne
Chicago at 40 per cent on gross earnings. Lease
transferred to Pcnnsvlvania Comp>iny. Net earnings, 1875, $84,I'!7. Sinking fund has $10,000 bonds.
<V.8ap. 4a.>.)
Learenworth, Lawrence <t Oa/cwJon.— Defanltod
;
&
on
interest July, 1373.
(V.
-JO,
p. 1.0, 162, seb, 511;
V. 21, p. 137, 591; V. 23, p. 40.)
Lehigh dt Lacki:wanna.—Operated by Central of
New Jersey as a coal road.
Lehigh rotfdy— This company's earnings are
chiefly
from anthracite
coal.
"The
gross income
Funded debt
Floatin"debt
.
A
A
A
(V. 19. p.
58.3,
617, 6.3);
V.
SO, n. 62;
V.
A X
21, p. 4:8.)
Little Sock, Pine liluff A Kew Orfena*.— Sold In
foreclosure Dec. 10, l375, for $85,000. V. 21, p.
535, 813.
Little SchuytkUl.
—Leased and operated by Philadelphia A Reading. Dividends, 7 per c nt.
Logannport, (}raw/ordevUtt dk S. II'. 0/ /fl<i.—Decree of sale made.
"The total liabiliiios, September
1875. reported at $4,097,000, of which *S2!,000 were
receiver's ceriiflciites. (V. SO, p.
V. 21, p. 302, 613; V. 22, p. 63.)
Long
/(rfond.
68,312,621,593;
-Gross earnings, 1874
.5,
$328,889;
net, $21 !,.50;).
In January, 1»76. a s.ile of stock was
made to Mr. PoppL-nhusen, and this ro id has since
leased the Flushing
No Shore A
Central,
M.
M.
A.
M.
AN.
A N
A O
A S.
Y.,
do
Jones A Schuyler.
Company's
Office.
N. Y., St. Nicholas N.Bk.
do
do
do
do
do
do
Louisville.
A J
A J N. Y., Bank of America.
7
A J
do
do
8
A O. N. Y., J. B. Alexander.
I.«Ul8VillC.
4
A A.
7
J. A J N. Y'., Drexel, M. A Co.
A. A O
do
6
do
do
do
6
M. A N.
M. A N.
Louisville.
7
A. A O.
do
6
A. A O. N. Y., Drexel, M. A Co.
7
7g. M. A N.
J. A D. London, Baring Bros.
7
P. A A.
do
do
New York.
M. A 8.
2>3
Q.-F.
Phil.idelphla.
7
J. A J. N.Y.,M.K. Jesup.P.ACo.
do
7
J. A J.
do
Various N.Y., M.K.Jeetip.P.ACo.
7
7
A. A O.
do
do
A. A O.
7
New York.
7g. A. A O.
Amboy
1873^.
Q.-F. N.
July
ISOJS
1,
1000
1876
1877
Aug., 1000
1873
July, 1800
May, 1003
April,
July,
Oct.,
April, 1901
Sept.. l»Ol
Jmic, 1369
July, 1873
6
In 1874-5, was $7,818,067; net
interest and dividends, there
from
in 1874-5 of $93,C51, taken
187a-3.
Co.
Boston.
N. Y., Union Trust Co.
PliUadelphIa Office.
6
After
foHows:
A J
A O.
A J
A O
41a
reserve fund.
The company's report gives no
details of the construction account, nor of the
cost or value of its miscellaneous investments. The
A
Y.,
3
from aH sources.
deficit
Farm. L. A T.
Boston Ofltoe.
do
J N.
AM.
1908
July, 1876
Aug., 189S
July, 1890
May. IHOO
1892
Feb.. 1807
2'3
Q.— J.
Philadelphia Offlce.
July 15, 1870
J. A D. ReK.atofflc«.op.B'kN.A
Jane, 1894
7
M. A S. Phllailclpbla Offlcc.
Sept., 1910
do
do
««• J. A D.
1808 A 1923
J. A J.
Philadelphia Office.
Jan., 1892
2
Q.— M.
Cluclnnatl.
June 10, 1876
6
m: A N. N Y., Bunk of America.
May, 1883
Various
Cincinnati.
6
1804
750,000
1857
1870
Oct.,
U ACo.
7
1,900,0(K)
1,797,000
4.608,000
1,500,000
525,000
5,000,000
ApriY,i8»2
Aug. 1, 187*
Aug. 1, 1870
JaJy 1. inOO
do
Pittsburg Office.
8
1,600
1,000
$1,055,20"^.
<t Liruxtln.— Annual report,
7
7
7
50
70
was a
net, $836,838.
4,.'>0(),()00
York.
A J.
Juljr 1, 1900
A D.
Deo. 1, 1903
A. A O.
Oct. 1. 1883
A. A O.
Oct. 1, 1879
M. A N
May, 1885
M. A N.
Not. 1, 18T7
F. A A
Aug. 1, 1878
J. A J
Jan. 1, 1880
A. A O.
Oct 1, 18"
A. A O.
April], 18
J. A J.
Jnljr 1, 18
A. A O.
April 1, If
J. A J.
July I, ll
M. A B.
Sept. 1, 18
A. A O
April 1, iS
A
Jan. 1, 1890
A
July, 1887
A
July, 1887
A
July, 1888
A
Oct. I, im
A
N Y., Union Trust Co. Jan. 1, 1897
A
do
do
June 1, 1894
A N. Y., Boston A Phlla. Jan., 1899
1875
1870
123
123
$i,400,000
Kaox
400,000
100,000
100,000
840,000
610,000
443,000
500,000
50
Moines Valley.
were 1:741,339;
p. 588.)
7
2,8.50,000
1,000
1.000
1,000
1,000
1,000
7
7
849,000
200.000
300,000
1,000
1,000
67-'70 500 &c.
197'a
197ifl 1809
500 &c.
The stock is $1,524,000 prcf. and
common. In year 1875-6 gross earnings
7
l,.'K)j,000
New
N.Y., Union Trust Co.
do
du
Q.-J.
7
7
7
7
1,000,000
1,000,000
1,442,000
18M
do
J.
7
924,000
1004
Offloe.
do
J.
1,000
1,000
130
83
185
20
77
77
mort
5,2.50,000
2,082,000
1,000
1,000
1,000
1,000
500 &c.
500 &c
500 &c
50
7
1853
1864
141
81
392
2d mortgage
Equipment bonds
Hadison it Vorlga<ie—\%\, mort., gold
K'eokuk
7
7
7
7
is.Vo
Augitnta 1st mortgage
2d mort., endorsed by Georgia Railroad
ifaeon d: Jlrunswich—lBt mort., State ondors
tt
1 ,443,000
3,886,000
9,105,000
3,395,000
1.198,000
500 &c.
New York
O.
O.
A. &"o.
V. & A.
F. A A.
1,000
1.000
1,000
1,000
"39
br., Ist mori;.,
ir.— Ist
2
5
50
605
185
it
533,500
1808
1870
1873
1872
171
200
05
175
175
do
1,092,000
1,000.
A
A
A.
A.
"7'
4U,166,.500
1,000
1,000
1,000
1,000
1,000
1,000
202
,
Miami —Stock, commou
Little
1803
1809
1869
1872
1865
1809
1870
1872
145
33
8
1,000
1,000
1.000
18.57
02
O.-)
7
2.58.720
2,39,5,000
1,600
1870
1870
1873
1872
1809
1855
se'i
95
258
102
102
$2,300,000
100
100
m\
mi
mortgage (U.,m;&T. KK.)
2d mortgage (C, V. & A. KR.) reglstorod bonds..
3d mortgage
do
Lalto slioio dividend l>ond«, April, 180U
1st mortgage (G. & Tol. RK.) sinking fund.
ad mortgage
do
Buffalo £ Eric, mortgage bonds
do
do
do
do
Kalamazoo .t Wliito Pigeon
Kalamazoo &
1872
8U1
1 St
Schoolcraft
1871 $100ic
1874 100 &c,
;
Kiwx tC Linco/n—lst mortgage
and the So.
of L. I
,
and
all ,:re
135, 158, .375- 4 17.)
Jan;,'i881
Jan.,
April.
1897
1900
1, 1873
1, 1875-'«
Aug.
Jan.
1866 to 1887
1886
Nov., 1880-'85
Ont, 15, 1 SOS
April,
Nov.
1,
1886
1883
Dec., 1901
Aug,, 1902
Muh. I, 1800
May, 187d
1887
1879
1887 to 1900
188!)
1879
1890
Oct.,
operated together.
(V. St, p.
*
Louiivilte, Cln.
£«x.— There arc also $60,0W old
b'ds. The company, after paying dividends on pref.
stock for some years, defaulted on Interest 181S-4.
Receiver took possession in September, 1874. bale
in foreclosure ordered June, l!57fl. (V- 19, p. 351; V.
20, p. 212, 383; V.21, p. 277, 395; V. 92, p. 181, SM; V.
»3, p. 15, 63.)
LouievUle, y*ip AUumj, <* .•». Louit Air-Umt.—
This road is projected from Louisville to 81, Loots,
and has 28 mlUs bnilt. To be sold Ir. foreclomire.
(V. 20, p. 16,357,4.53: V.21, p. 8«; V.««,p. XS.)
LouievtiU it yathrUle. -Anniul rcpoTt for yiar
ending June 30 1875. In V. 91, p. 3G9. Gross earn-
ings of main stem and branches, $4,M8,S(lt, net,
$1,51S,398. Qcncnil result of operatinirwbole system
and leased lines was a deficit nf $31,748, after i>*yla«
Net earnings, July U>
interest and all charges.
December, 1875, much better, being $1.0^3,751.
Nashville A Decatur Is leased, and liabilities for the
Sonth A North Alabama are assumed. (V, W, p.
16; V. 2.'.p. I.'ill
Louievilie, Pnd'icah
A S. Ji'.— Formerly KUzaPaducah, to which Loulsvllte city
In September. 1874, Interast
loaned $3,000,000.
was not paid. Sale In foreclosure noticed for July
27.
(V. iiO, p 357, 405; V. 21, p. 3*), 395. «»1 V. «.
bctbtown
*
Lutene Foany.— Leased to Summit Branch BaUroad at $82,500 per annum.
.^
. ,.
Uaem <ft XMyiuM.— Leased and operated by IM
Georgia Railroad, which guarantee* all the beads
except $100,000 of first mortgaga Gross eamlags,
1375-6. $1(8,030; net, »li,M«. (V.S'.p. ISl.)
Maeon <t Bi-unfKick.—Thlt road being in dcfkalt,
was sold June 2, 1875, and bought for the SUie;
offcrod again for sale or lease Jannary, IS^S. Tbo
GeorslaLfslslatute docUred fraudulent $600,000 of
the indorsed bonds Issued In 1870. (V. SO. p. 410.
eoi. 6t», 57a 39S, SIS; V. 22, p. 8 of odvectisementi.t
Uadlton A Airf^ajix.—Consolidated as Ctaicags
A Suoerior. No bonds coniii he negotiated afle^
the "Potter Uw." (V. 21, p. 15)
"
-
..
.
.
RAILROAD STOCKS AND BONDS.
XXll
Subicrlbors
nrlll
confer a great favor b^ glTlns Immedlat* notice of auy
DESCRIPTION.
Miles
For oxpLinatioi: of column headings, &c., see notes
at the )icad of Hi-st i>»so or tables.
Date
of
of
Par
1872
100 &c.
33
357
Piltsb.
Clceelaii(lr-\&t M.,
<£•
—
$14,000
p.
"l9
'38
"72
33
26
90
22
100
276
m.
common
1869
1870
1,000
50
50
50
2,4.50,000
1,000,000
2,500,000
3,000,000
2,004,000
mortgage for .$4,000,000
Bcioto & Hocking Valley RR., Ist mortgage
Bait. Short Line, stock, 8 p. c. guar by M. C
Ist mort., guar, by Si. &,C
do
do
Cincinnati & Baltimore RR., stock
Marquette. JI. <C O— Ist mort., I'd gr. M. & O., 0...,
Ist mort., I'd gr., H. <fc O., coup
2d mort., laud grant, M., U. & O., coup
do
do
do
3d mort.,
iluryland it Delaware— Xnt mortgage
,,,..,:.,;::,.,.,,, .,,,.. .,....,
'2d mortgage
Memph is <? Cuarlesionsiock
Teunesso loan
300,000
100
1,125,000
30
"50
44
94
109
54
54
291
1869
1,000
750,000
1872
1871
1872
1873
1,000
1,000
1,000
1,000
1,910,000
2,000,000
840,000
291
,
1873
1873
1860
25
2d mortgage
Consolidated mortgaso
Income lionds
Bock— let mort.,
1.
isi
gr
569
284
284
284
Equipment bonds.
KsHamazoo * South Haven,
do
do
do
Ho
mi
1«70
>
. ,
1 1
2dmort>,giiar
Bay City
<fe
116
116
eZ
do Ooiis. m. on whole line (300m.) J S 3 £
Midi loan Ldl^t Shore— 1 st mortgage
Midland PaeiAo—lut mortgage, gold
MUtoaukee Iforthern— Ist miirtgivgo
Milinaukee. Lake Shore d Wesle>ii—\fX m., gold
Mine Hill <( Schuylkill Hacen — stock
i&net-al l'«int (IFi*.)— 1st mortgage
236
57
57
126
125
140
32
35
100
<!•
—
Miisistfippiy Ouachita
it Red. Itiocr
1st m., gold
iti Tennessee— l8t mortgage
Cofisolidated bonds
'Tennessee State loan
Misse^tri. Kansas d: rcj*a«— stock
Ppefened stock (for $7,000,000)
letiu., gold, sink, fund, onroad and land (U. P. S.Br)
ist mortgage, gohl (Tebo. & Neosho)
Onsolidated mortgage, gold, on roivd and land.
Hannibal & Central Missouri, 1st mortgage
do
do
2d raortgatre
Vwsoitrt iJ., Fort Scott <t Owi/— Ist m. 1. gr. s. f
2d mortgiige, couiwn, may be registered
Mi^siitftiitpi
Central leases severa'
Toads.
The report of the year's operations,
ending December 31. 187->, had the r()llowing;
"The total earnings for the year 187.^ have been
$1,786,076 47; operatmg expenses, $1,147,068 82;
«et earnings, $6i!).O09 65— sufficient to pay nil oper
ating expenses, interest, coupons and rents, and
leaves small balance. lu 1874 the total recciuts
were $2,094. 080 55. and operating expenses Jl.'.SI,Net, 1818.399 30. Sliowing a diminution
6S1 as.
Ibis year, us compared with last, in gross receipts,
$308,004 03; iu operatinz expenses of SI34,(il4 43;
"4et receipts of Si(3,38J 65.
and
"Of tills nidnction in our gross receipts the past
year, $7?.J*)2 55 was occasioned by the modification
of former contracts, for the purpose of prodncmg
uniform and harmonious action between tlie Eastern
and Boston & Maine roads, which will result, as we
truet, to the bciiefit and iu the general convenience
of oar patrons who have occasion to ^o Imsiness
over the railroads west of Portland. The balance
of the diminution in our gross receipts, $230,6S1 62,
mast be attril)iited to tlie general depression of the
business of the country, and 'reduction of tariff by
special rates.'" (Vol. 20, p. 313, 366; V. 12,1).
m
360.)
.1,000
1,000
50 &b
1,000
1,000
1,000
18.56
....
::"
Too
Mansjlel'l,
Cotdwater
dk
L. J/.— Leased by Penn.
for net earnings. In hands of
(V.20, p. 426; V. »i, p. 42.)
1,300,000
1,000,000
18,738,204
2,179,000
556,000
8,000,000
1,900,000
200,000
600 000
640,000
70,000
1,000,000
500,000
491,200
424,000
mortgage
Manf/uld <S T^ramiuffAom.— Leased to Boston,
Clinton & Fit.hbcrg, at 25 per cent of gross earnConsolidation made June, 1875. (V. 20, p. 61S.)
ings.
1,906,000
1,317,000
158,000
810,000
1,958,000
880,000
1,100,000
2,134,000
3,000,000
3,969,600
320,000
500,000
600,000
1,254,500
409,444
21,405,000
&
inl-<74were $40,717.
hands August, 18T.5.
&
Cleveland.—iiet earnings
Defaoitcd and in receiver's
Cincinnati.— Ornm earni»e« for the
jear 1875 were $1,662,015; expenses, $1.290,".90; net
Marietta
<t
Sept.Vl86(I
S.
S.
1,
1,
1,
1,
1806
1891
1891
1800
1390
1,
'lS90
Sept.,
A. Bait., R. Garret
A.
Ixmdon.
&
Sons.
N. Bait., R. Gairet
&.
Sons.
do
do
do
do
do
do
do
do
J.
N.
J.
T
Aug.
Aug.
May
July
May
Bank
Bait,, Merch. Nat.
,1.
Jan., 1900
May, 187(f
June 1, 1892
July 1, 1891
Aug. I 1892
Sept. 1
do
,
190S
Nov.
Dec.
1, 1885
1, 188'J
May
1,
1.
Jan.
Jan.
1980
1885
1913
1,
1873 to "78
1, 1890
May
Jan.Vi'873
Oct. 1,1883
Oct. 1,188'^
May 1,1902
Jan. 1,1890
18W
April
Nov.
Nov.
July
July
1, 188.1
1, 1890
1, 1890
1, 1880
1, 1879
July,
137a
May 1,1902
1902
July 1,1S*>
MiU-uh 1. 1878
May 1, 1890
Sei>t. 1, 1891
1889
I...
J
6g. J. &"j.
7g. J. & D.
7g. Various
7
7
10
10
2.50,000
5,000,000
1,947,000
g.
M.
M.
J.
A.
—This is aeon.
Aug., 189f>
Dec., 1901
June
1,
1903
Jan., 1870
1890
1890
April 1, 1876
Jan.
1,
Sept.l.'Slto'Oa
& Ontonagon and HoughOut<magon. Lands amount to 425,0!) acres,
and m'neral. Stock, $2,306,600.
)
& N.
&N.
A J.
& O.
Jan.,
New
}
Company's Office,
7 Nassau street.
N. Y., Farm. L.
Boston, Co. '8
&
1899
June, 1903.
1<K)4-1906
York, Inquire
May, 1890
T. Co,
office.
Jan. i'. 1899
April 15, 1890
Midland Pacific. — This was one of the roads represented by Messrs. Turner Bros, in New York, of
which Bcnj. K. Smith was president. Default in interest was made in February and August, 1S75.
—
Milwaukee (fc NorlJtem. This road defaulted on
December, 1874. Circular to bondholders, V
It is leased to Wisconsin Central, and
interest
20, p. 61.5.
there
22, p.
is
said to be prospect of resumption.
(V.
23i)
chielly timber
Maryland
MUwaHkie, Lake Shore
c6
Delalvire.—T:h\s line
was
by
leased
New
Jersey Southern, to form part of the
through route. Latelv. decree of foreclosure was
made. (V. 20, p. 242; V. 22 p. 567, 615.)
the
Memphis
— This
road was leased to
the Southern Railway Security Co.. but in 1874 the
lease was cancelled and Mr. R. T. Wilson, President
of the East Tennessee, Virginia & Georgia, road was
elected President of the Memphis & Ciiarleston,
with a new board of directors. No recent report has
ijk
CJiarletton
been obtainable.
(V. 19, p. 424.)
made.
dk LlUls liock.(V. 20, p. 836, 615;
Decree of foreclosure
V. SI, p. 15; V. 22, p.
first
mortgage June,
1876.
ir«»ter/i.— Sold in foreInterest paid on
tV. 21, p. 277, 591.)
<ft
closure for $2,I)09,7S8, Dec.
in. 1875.
*
Mine Ilill
Schuylkill /7«ren.— Leased to Philadelphia &, Reading, May 1864, for 999 years; 3 per
cent dividends on stock.
'
Mineral Polnt.—Tota.\ receipts iSiZ, $128,121; expenses and interest, $130,6.4 ; cost of road, &c.,
$1,200,000.
Mississippi, Ouachila <6 Ued Hirer.— \jmi grant
Sold in fOreclo."nre, Dec. 16, 1875,
(V. 2 ), p. 405; V. 21, p. 535, 613.)
2.57.000 acres.
for $25,000.
471.)
—
Miehiqan Central. The annual report to May 31,
showed gross earnings on main line and
branches of $ii,850,0CO, and net earnings. $2,043,00:),
or tl !.81! mor- than previous year. The J.. I &S.
debt is ai'sumcd liy Michigan Central, which also
pays fifi.noi per year on the stock, one-third of
wlilch it owns. Semi-annual report to Dec. 1, 1875,
in V. 22. p. 41, showing net income of $185,192
abov(! interest charges. &c. Interest was passe on
the Detroit & iiay City bonds, not gnaranteed, Nov.,
IH;5.
(V. 19, p. 143; V. 20, p. 101; V. 21, p. 15, 109;
V.23, p. 41; V. J3, p 16.)
MiseissipjA <t Tennessee ^StocYi,
earnings 1874-5, $211,332. V. '22, p.
$825,400.
Net
181.
I**?'),
.
I
Marietta, PUi.'ibur'jh
J.
&.
Bolidation of Marquette
ton
O.
A.
6
2,856,000
349,000
14,758,000
768,000
IIoiighton& Ontonagon.
N,
N.
...
8
&
Marq^nett.e,
O.
O.
I>.
<fc
earnings. $371, 4iM, against $523,1.50 net earnings in
Tills road forms a part of the through route,
1874.
and is operated in close connection with the Baltimore
Oliio Railroad, which has made large advances for recent constrnction on the "Short Line."
Annual report V. 2J, p. 208.
Memphis
Manchester <t ia«)r«n«.— Formerly operated with
ths Concord Railroad as one line. Net earnings
1875-6, $100,686. (V. 22, p. 588.)
Company
1,000
1,000
1,000
1,000
182 1868
100 1870
1,000
786 1871-3 1,000
70 1870
1,000
70
161 1869
1,000
161 1870 500 &c.
. .
Mame
1868
1870
786
—
traetees.
5,312,725
1,671,913
1,293,000
1,000,000
605,000
....
50
1806
.
Centrnl.—'Vhi!
1872
1872
1865
1868
1870
1871
1809
1860
1870
1872
J.
J.
J.
April
& N.
do
do
& D. N. Y., Company's office,
& J.
do
do
& A.
do
do
10
& S.
do
do
6
& N. Bost., Bk. of Commerce
6
& D,
do
do
"(V
J. & J. N.Y., 3d National Bank.
7
M. & N. N. Y., R. T. Wilson & Co.
7
J. A J.
do
do
7
J. & J.
do
do
10
M. & 8.
do
do
8
M. & N. N. Y., S^yenson,?. & Co.
"4s.
& J. New York and Boston
8
& O.
Boston Ollicc.
8
& O.
do
7
<feN. N. Y., Farm. L. & T. Co.
8
* J.
do
do
8
* N.:
do
do
8
& O.'
do
do
& N.
8
do
do
& N.
S
do
do
& 3
8
do
do
& B.
8
do
do
2>3
& J
do
do
8
& N.
do
do
& N. New Y^ork and Boston.
8
8
& J N. Y., Farm. L. & T. Co.
8
& S
do
do
8
& N,
do
do
8
A 8
do
do
8
& Co
N. Y., Winslow,
& A N. Y., Turner Bros.
I'
& D. N.Y., Merch. Exc. N.Bk.
& D N. Y'., 8. 8. Sands & Co,
7g.
3i2
& J Philadelphia, P.& R. Co
10
& J. Detroit, 1st Nat. Bank
& J
7b7
& O.
Memphis, Office,
7CO,0«o
850,000
150,000
100
stoftlt, giliir
i
Maine
1866
1860
94
94
Ist mort.,gliar..n
1st niortgage, endorsed
flo
do
mortgage (not guar M.C.)
Jackson, Lansing <& SiVgiuaw Ist mort
) gSi:
do
2d mort., couv. a-^J^
do
let tnert. (N. of Win.), conv. f =
Detroit
1872
1869
103
10
1st mort.i guar....
2d mbri, ghat
do
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
..
.
Stocks— ta»i
Dividend.
1, 1913
1890 to 1891
Oct., 1900
do
do
•IiUy, 1898
Portlivnd.
Julv, 1901
Best., Nat. B'k Com'ree,
Julv. 1H91
Portland, Me.
July 15, 1875
do
April 1, 1883
Bost., Nat. B'kCom'i'ce Oct. 1, 1895
do
do
June 15, 1876
Belfast and Boston.
May 15, 1890
Manchester and Boston. May 1, 1876.
Oct., 1911
Boston, Bost. Nat.Hank July 1, 1889N. Y., Winslow, L. A; Co Aug. 1, 1895.
.T.
o-
401,000
2d mortgage
Michigan t/cii(ra;— stock
let mortgage, convertible, sinking fund
Ist mortgage, convertible
iJDnsolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line Ist mort., assumed by M. C.
Jio)irf»— Principal, when doc.
Poiiland.
O. Best., Nat. B'k Com'ree.
A. Bost., N. Bk. Commerce
O.
do
do
.•
6(>!),05O
Ist mortgage, couvertiblo
Craud River Valley,
:;
1,408,912
8,130,719
4,400,368
2d mortgage
do
6
l,i500,000
3d mortga,
Little
&
&
&
ct
6
A, &
6
A. &
6
J. &
6g. M. &
M. &
A. &
7
J. &
7g. F. &
s's.
&
3 s.
&
7
&
&
?«•
&
8
&
&
&
J.
J.
J.
J.
6
1,600,000
300,000
-4th
<£•
A.
260,000
150,000
1,000,000
18'7i
&
&
&
A.
F.
490,500
756,800
033,000
425,000
741,400
217,300
500 Ac
100
1870
7
1,166,700
Ist mortgage, dollar
1st mortgage, sterling
Memph is
496,892
1,680,500
1,100,000
100
100
100
1863
1805
Table*.
.$3,020,120
1870
1868
1871
1861
do
2d
tlteiie
Amount
1800-1
& Kennebec,
Marietta <£• OincUiiuiti Stock,
Stock, 1st preferred
do
$100
357.
2d mortgage
Belfast & Mooseliead, 1st mortgage
ifatuhentcr (t Lawrence—Stock
MatisfleUI, Oohlwaler <t L. Jf.— Ist mortgage
ilatuijiettl £ Framiiifiluun — 1st mortgage
UarlMa,
lu
Rate per W hen Where Payable, and by
Road. Bonds Value. Outstanding Cenf.
Payable
Whom.
ilatne Oentral—Htocli
Maine Central iutei'cst scrip
Ist mortxa>ce, consolidated
c
Bonds ($1,100,000 loan) A. &. K. KR
Extousiou bonds, 1870, gold
Maine Centra! loan for !)S1, 100,000
5.«cds »fc Farmin^ton Railroad loan
Androscoggin Railroad, Ratli City loan
Fortlaud Js' Kennebec, stock
do
do
Ist movt., extended
do
do
consolidated mortgage
Bomorsct
em>r discovered
INTEREST OR DIVIDENDS.
or
Size,
[July 29, 1876
M ehimn
receiver's
Like SAor«.— Defaulted 1872, and in
hands. (V. 18, p. 218, 501; V.21,p. 110.)
Mismmi, Kansas
settlement
it
Irxas—Tha
with bondliolders
latest plan of
in the
was given
Chkonicle. V 22. p :-;05. Receiver was appointed,
December. 1874. Land grant is about 4,56.5,1*2 acres.
Annual report for 1875 "in the Cukonici.b, V. 22. p.
542
(V. 21, p. 87. 188. S07. iSl. 395: V. 22, p. Ill,
158, 305, S63, 446, 447, 471, 49), Ml, S42, 5B0; V. 33.
p. 40:)
Missouri River, Fort ScoU it Oulf.—The stock is
Intere.st pa'sed. Oct, InT?. on Sd. and
$5,950,(X)0.
Jan., '74, on 1st m'tgs. Net income of 187.5. $24:1.616.
(V. 20, p. 403;V. 21, p. 16;. V. 22, p. 4T0, 495.)
.
. .
.
BAILBOAD STO0K8 AND BONDS.
July 29, 1876.]
nvor
Snbaerlbers ivIU confer m sreat
DESCRIPTION.
For explnnatlou of column bcHdlnKa. <&o.. e«e uotes
at tlie heiul of Unit page of tublca.
Mobile <* Oirorrf— l8t inortKago
2d niort)?;iw. emlorsed by Georgia Kallroad..
Plain bonds
MobUe (t Mmttyomcru stock
MobUe,!: OAio—Stock
Oouvertiblf) 8 per cent bonds
—
1st mortKiiKc, etorllug
Interest bunds
Interest bonds, sterling
Tennessee subs., 1st imirtgage, st^irllniir
Special mortgage (Mississippi, QalnesvUie&Tex.)
Jemty—Xnt m.,
2d mortgase
Ineomc bonds
1st mort. ($20,000 per mile)
Kiuhville tC Decalui^— 1st mort. guar,
&
by Ij.iStN.
New York— iHt
d-
—
st
1
mort. (for $1,500,()00)
mortgage
1st mortgagii (Toms' River br.)
2d mortgage
2d mortgage
N. <).. Mob. li I'ex.—Ut mortgage (Mob. to N. O.)
New Orleans, St. Louis d- Chic. — Consolid. stock
New consolidated mortgage (for $25,000,000)
Consolidated Ist mort., gold (N. O., J.
1st mortgage,
do
&
G. N.)
do
inurttrage,
.
.
.
.
345
25
1871
1873
1870
1867
1,000
500
100
2d mortgage,
100 Ac.
100 Ac
1,000
1,000
100 Ac.
1871
1873
1870
1865
1872
1871
206
206
237
237
237
do
—
Premium bonds
1,000
1,000
1870
1870
1871
1873
1869
80
80
37
78
20fi
do
do
Tennejisee State Loan
do
Income and e^piipment mortgage
2d mortgage scrip
N. Y., iJo«(onif.Wo»(reoi— Ist mortgage, gold
N. Y. <e Cfinaila—l»t M., sterling, gnar. D.& H. Can.
New York Central dt Hudson River Stock
do
1,000
1,000
1,000
1,000
1871
1871
1875
34
137
ioo
100
100
140
506
Consoliilatcd mortgage (Mississippi (Central)
1st mortgage,
do
Bonds
14,297,000
5,000,000
3,000,000
284,000
573,000
5,000,000
3,230,000
1,025,000
6,575,295
1,000,000
5,800,000
2,100,000
500,000
800,000
200,000
1,882,900
800,000
605,000
525,000
2,460,000
1,000,000
900,000
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
300,000
327
Ist mortgage bunds
do
60
250
800 Ac,
Ijoiids
Consolidated mortgage, for $7,000,000
gold
Bonds
1804
1806
7>a
New Jerscii West Y./nc — Ist mortgage,
New Ijonuon Northern—Stock
2d
137
84
84
"16
mortgage, currency
Simthern
2.3
"57
'ioo
42 1869 500 Ac
15
50
13 68&70 500 Ae,
100
100
70 I'seb
1,000
O.— 1st mortgage..
Beacer Voile!/—Stock
Mortgage bond.s, coupon
Bonds convertible, tax free, coupon
Uoiyokc* Westdeld KR
N. J. Miillatul— 1st mort., g'ld, guar, by N. Y.<fe O.
J.
1,010,000
330,000
1873
New Baven tt /Jcrfci/— 1st mortgage
New Haven <t Northamp. (canal RK.)—Stoolc
N.
350
842
;(N. Y., Centrsil)
for debts a.ssumed
B. & N. P. stockholders
railroad stock
real estate
do
do
do
do
1,000
ioo
100 Ac.
500 Ac.
$;JO,000,000
i:2,o00,000
»
coupon or
regls-
840
840
3,723; .500
997, 000
1,997,,000
1,279,,000
5,000,,000
395 ,115
6,250,,000
4,000,.000
89.428,,300
5,936,026
1,000
1,514,,000
76,,000
592,,000
160,,000
88,,000
2,900,,000
1,894,,000
1,950,,000
1854
tered.
J
3,941 ,000
1,500 ,000
100 Ac.
1853
till 1860(N. Y. Central)
Rene^val bonds
mortgage, sinking fund (Hudson River)
2d
CouiKin bonds 1 87 1 (not mortgage)
:
3,559 .000
1869
1,000
1874 JSlOOAc
100
1853 500 Ac.
18.56
18.54
,109,500
4,000,000
12,158,650
1,000
1,000
1,000
1,000
1873
1856
1860
1873
8
1.000
1,000
1,000
1,000
1871
1873
1873
1.000*
1,000 5
i',6«>o
V-
39.';.)
A
Eitfatih.— Interest
lias
oeen In de-
fault since .January. 1873. It la one of the State aid
roads, and advertised for sale Dec. 6,1375. (V. 21,
489.)
J).
Monlicelto <t Port ./uriia.— Defaulted in 1873. Sold
(V. 19, p. 3:>, Ma, 60i; V. 20. p. 35?,
7, 1875.
383; V. 21, p. .S9, 592.)
Morris tft AJaw.—-Leased in perpetuity to the
Western. The lessees
Delawar;;, Lackawannn
-assum ; all llahilities and pay 7 per cent on stock,
and S after 1871, if thev then cam 10 net on Morris
AEsscxroad. (V. 20, p. 85,477, 4S 8; V.S, p. 399.)
July
&
&
Si. Louis.— Orot^a earnNashville, Chattanooga
ings of I87'i-6. »1.T5I..599; e-tpenses. $1,023,133; net
earnings, $748,176
(V. 31, p. 370; V. S3, p. 1U9,
181. 30-<, 4"0, 4S7; V. 2.), p. 86.)
Nashville
Decatur. Leased May 4, 1-71, to LouNashville Company for thirty years.
isviUc
&
A
Naj<hua <fc iMjcell.— 'Set earnings in 1874-5, $56,4&4.
(V. 21, p. 590.)
Nautal'/ek.— 'Set earalngs 1874-5, $222,.327. (V.
ai.p. ••II )
M.
I'-
24,600,000
li-
Newark, Srmeritel
dusky. M'lnsllcld
more
A
&
A
Sti^i/ttvilla.—Tje&s^A to SanNewark. Guaranteed by Balti-
Ohio.
Jlei>/wd.—Thl» road is leased and opaaled
the Boston, Clinton & Kitchburg for 8 per cent
by
stock and interest on debt.
New
on
2.),
p. .383:
V.
4T0
p X>;.
—•)pcrated under
2J,
Northern.
K.
J.
P.
MoWt
J.
8.
London.
London,
'1^
I'JOl
Mobile.
do
York or Ixmdon.
Now
N. Y., O. Opdyke
do
do
8,
Deo. 1,1883
Nor. 1,188.1
1870 and '83
1883
New York and
N. Y., O.
A
1877-1883
Jan.
1, 1B8«
June 1. 1900
1890
Julys, 187«
lOli
1891
1000
1880
Oct., 1901
June 1, 1915
,
N. Y.,
Co,
W
7
J.
6
A.
7g.
F.
P.
Apr. iVi875
1881 and '91
July 1,1013
Jidy 1, 1900
Oct, 1887
Nov. 2, 1874
1893
Jnly 10, 1876
Nov. 1, 1889
Q.-J.
Newcastle, Penu.
Various N. Haven, E.8. Scrantou
New Haven.
7
A
A
A'a.
A
7g. M. A
A.
S.
A N.
A O.
M. A 8.
7
A. A O.
7
7g. M. A N.
Q. —J.
2
A. A O.
6
J. A D.
7
or 7 g. J. A J.
7
M.
6
A.
A J.
A J.
A O.
7g. M. A N
M. A N.
7
P. A A.
8
7
J. A J
"7'k- J.
J.
8
A.
8
Vg.
F.
A
do
do
J.
O.
A.
N
M. A N
P. A A.
M. A N.
6
M. A N.
6
M. A N.
6
P. A A.
7
6
J. A D.
7
J. A D.
A. A O.
7
J. A J.
7
6g. J. A J.
Og. M. A
2
6
7
19M
Opdyke A Co Karob
do
do
Union Truiit
J, N. Y., Del., Lack A
N.
do
do
A.
do
do
J.
do
do
A.
do
do
do
O.
do
D.
do
do
D.
3
7
1,
Co,
do
do
A
A
A
A
A. A
J. A
1>9
A.AO. New York A Naahvllle.
4
N. Y., V. K. Stevenson.
do
7
A J.
do
7
A J. N. Y., Droxel, M. A Co.
A. A O. Nashville, Co.'s Offlce.
V- M. A N. Boston A Nashua.
6g.
F. A A
Bridgeport. Conn.
7 g. M. A N N. Y., Union Trust Co.
lease till
a year. InCo.. in 1S71-.'S, $151,975; disbursements,
$143,973. (V. 21. n. r,!)il )
<t 7'«w.— The Western DiNew Orleans.
vision of tills road was so'd Nov. 18, 187-t. Interest
in default since 1*^72. The trustees" circuar for reorganization of Western Division is irivcn in V. 21,
(V. 21, p. 231. my. V. 22. p. 2!3, X>i, 568.)
p. 281.
New Orleeuu, St.Louisit Chicago.— Qrota aattaagt
come of
A
A
M.
)
Jl.'iO.OOO
4
A
A
J.
7
5t2. 614.)
by Vermont Central for
J.
7
7
7
7
7
Nrw Jersey Sovthern.—TMa was a csnsolldation of
several roads. Net earnings, 1875, * 109,276. Internet
Litigation in progin default fince October. 1873.
ress.
Plan of reorganization, V. 21, p. 4S«. (V. ^,
p. 313. 488; V. -Jl, p. 466, 48s; V. 22, p. 432.)
New .Jersey West Line.— In foreclosure. (V. 19,
MO; V.
J.
Q-J.
sufficient roHin« st-clc and without
interest. The bondholders funded
coupons, but default iwas again made.
Several
plans of rc-oiganization are proposed. (V. 21, p. .39,
B4, 86, »3fl, 318, 393, 411, 466, 4»9; V. »8, p. 87, 135,
New London
4
1876
1880
1887
Jan.,
Jan.,
Mobile.
March
7
back witlwut
means to pay
1891
N.
J.
(V. 20. p. 4S8.)
Neie Jers y Midland. —UetAnMoA after the panic of
1873 and fimded coupons. The company, having
exhansted 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 dent of about
After the panic of 1873 the road came
$400,001).
p.
M.
l"- M.
?«
—
Montgomery
New York.
New York and London,
N.
N.
N.
8
Mobil* A Gtrard —The Central Railroad of GeorNew Castle <t Beavr r^'y.— I.«ascd to Pittsgia endorsee >213,.'>00 of the first and all the second burgh, Fort Wayne A Chicago, and lease transferred
mortgage bonds. Net earnings 1874-5, $24,68J.
to Penn. Company. Nci earnings, 1875, $219,531.
Mobile dt Monf'jotn^n.— Sold in foreclosure. No- (V. 30, p. 42.J.)
vember, 137-J. and stock given to old bondholders.
NeJO Haven A /J«*y— Net earnings 1873-1. $34,8-32.
Old mortgage debt yet out, t283,WX). (V. 20, p. 63, New Uaven city guarantees t22.i,0OO of the bonds.
501; V. 22, p. 'iSO.I
New Haven A Northampton.— Qto*^ earnings,
Mo'Ale A Ohio. The company has been in default
1874-5, 859.5,1W; operating eipcnses, S3:<9,230; net
since March, I87ii. Gross earnings, 187.'>, gl, 914, 347;
earnings. $195,913. (V. 21, p. o91>.)
net. t.'M!,4.')3. (V. 81, p. 80i; V. -ii, p. 15', 3M,4^7,
New Jersey A Neiv yort.— This was a consolida513, Sao, 5«8.^
Montclair.- 'The 2d mortgage was foreclosed De- tion of the Hackenaack & N. York and Ilackunsack
Extension, and further huilt to Ilavcrstraw. The
cember, 1874, and road sold ai;ain Sept. 25, 1875.
(V. 20, p. 16, 290,383, 488, 501, 571; V. 21, p. 186, old bonds arc about $:;C0,000, 7 p. c, due Way, 1890.
278, 323.
Q-M.
H.&
M. A
M. A
J. A
5(X),000
1,000
Bonds convertible
New mortgage?
(»)
1,800,000
1.000
1,000
1,000
132
132
14
.
—
Straittv.,
1,000
1,453,858
HnVBUnab.
N. Y., Nat. City Bank.
Snvaouah, C. RR. Banlc.
A
A
769,920
53,000
varl'us
2d mortgage
Nashua d- Ijowell—Stock
Bonds for (reigbt depot
Naugatuek Steele
Newark, Somerset <f
1,668,000
1867
1870
1870
80
80
government, 2d mort
S.
New
3,022,517
5,320.600
977,650
i;ioo&(
1,000
1871
1871
J. it J.
J.
J.
1.
J
33,.'>00
5,0H6,(K)O
1,.'52 1,300
100 &0.
—
W
New Jerscji
£225
1874
U.L.iStW.)
Consol. mort. (for $25,000,000) guar. D. L.
W..
Special mortgage to I). L. &
NaahvilU, Ohatlaiwoya di St. /yOi<i»— stock
2<1
1,000
$165,000
300.000
100 Ac
. .
—
—
it
500
100
100
780,000
888,000
2d mortgage
Convertible bonds
Construction bonds
Gen. ni. & Ist on Boonton Br. Ac. (guar.
Neueastle
$5(X)
1,000
gold, guar
Monlgomerij <£ ilufarila 1 mort., end. by Alabama.
Ist mortgage, not endorsed
MonticcUo d: I'ovt Jervis Ist mortgage
Harris
Essex stock
Ist mortgage, sinking fund
Bonds to U.
85 '59-'00
85 1860
1867
186
610
1873
1853
100 Ac.
Consolidated mortgage, gold (for $15,000,000)
Moniclixiv of New
rf*
clrlnB Immedlata notlea ot any arror dlaaoTcra* la thaaa TaM«|>
An«to-Prla7
INTEREST OR DIVTDENBB.
Miles Date S'??:"''
pal, Wbea Da*.
Amonnt Rate per When
of
of
Wbore Parable, and by Aoek*-La«»
Road. Bonds, Value. lOuUtiuidliiK
cent.
Payable
Wbom,
DlTldead.
1>r
„
yd mortgage
zzUi
Julv, 1876
1808 to 1900
Oct., 1B74
Jan., 1800
Apr. '80 to '82
1891
1805
do
do
1881
New York and Ixmdon. March 1, 1803
N. Y., Co.'s Office,
Nov. 1, 1889
do
do
do
do
1881
do
do
AprUl, 1903
May 1, 1000
New Ix>ndon, Office
Apr., 1, 1876
N. Y., B'k of N. America
Sept., 1885
do
do
July, 1892
New York, Co.'s OOice. Jan. 1, 1915
N. Y., Co.'s
Office.
N. Y., 80. RR. Aas'n.
N. Y., J. B. Alexander.
do
Jan. 1,1912
July
do
1,
Oct. 1,
1886
18CO
May 1,1912
N. Y.. 80. RR. Ass'n.
N. Y., J. L. King.
Nov. 74. '79 '84
1886
1886
1884
Aug. 1, 1874
New York Co.'s Office. May 1,1889
London, Baring Bros.
May 1,1904
N.Y., Or. Central Depot. Jnly 17, 1876
N. Y. Union Trust Co.
M<iy 1.1883
do
do
Aug. 1, 1876
do
do
May 1, 1883
do
do
May 1,1883
do
do
May 1,1883
do
do
Aug. 1. 1876
do
do
Dee. 15, 1887
N.Y., Grand Cen. Depot.
June, 1885
N. Y., Union Trust Co.
April. 1891
do
do
Jan. 1, 1903
London.
Jan. 1, 1903
do
do
year ending June
do
do
Sfl. I<I75,
$3.1$),32C; net, tl,ae3,MI.
See annual report, V. 22. p. 156. Operated «« a conncctins line with 111. Cent.
III. Central bnjrs np
$200,000 per year of consol. mortgage bonds of ISJS.
The
Miss. Cent. 1st mort. bonds, due Nov.. 1874, were
all paid, and Nov. 1, 1875, and Jan., 187lt, there
was some delay In navmoT t of Interest. Plostlng
debt June 30, 1875, 91,929,057. Receiver apptdnted
March. 1S78. (V. 2L p. 15, «1S; V. IB, p. 6!, lit,
15«, 28!, 328; V. 25. p. 1«
not
•
New York, Tfoston it .Vmi/rcn/.— Proposed eonsolldation of several roads from New York to Rnllaod.
Company defaulted in 1874 and now in hands of
receiver; foreclofure pending. (Y. SO, p. M6, 3S8,
3R3. 405; V. 21, p.l6, 849; V. 22, p. 447, 471, 54S, MB,
ei.:.)
New Tort it Canada. -Thn bonds are gr.Anntecd
by the Delaware A Hudson Canal Co. Road opened
through Oct.. 1875. (V. 21, p. 207.)
New York Central <t Hiidtvn Rirer.-'no conpolidatlon of New York Central and Hudson River
was made Nov. 1. 1869. In 1?68 the stock of the
separate conijianies was $42,712,700. The scrip diviNew York Central of 80 per cf-nt was made
In Dec., 1868. On ccnsolidaiion. another 27 percent
was dlsti Ibnted on C< ntrai stock and S5 per cent on
Hudson. The mortgage loan for $40,''00,000 is to
retire prior debt, and the balance for laying third
and fourth track and other Improvements. These
tracks were virtually completed from Ituff to Albany
Jan. 1 ,1875, thus furnishing n double track roail excbislvely ft>r freight traffic. The llirlem Railroad
was leased April. 1873. The following is a comparison of operations, Ac, for five years
Cost of road
dend on
.
:
Gross
Net
Funded
Debt
and
Receipts.
Receipts.
equtpm't.
1874-5. $i ,1)27,213 $11.76\111 $40.0(H.687 $96.3."«,774
1873-4. 3I,R')n,-'86 13,262,089 3-<.l81.74: 9-2,506.lin3
1873 3. 29,126,851 11,4»»,863 S7,72.V.'i.») 7^.014954
1871-2. 2-|,580,875
9,134.239 18.49ft.0i0 A3.29»,<^
1870-1. 21,972,105
8,S«0,316 l-^,i31.719 eo,411,(aT
(V. ao, p. 42, asj 546; V. 22, p. 41, Ul.)
;
. .
:
RAILROAD STOCKS AJ?D BONDi.
zxiy
flNilMerlbera
-«vlll
confer a sreat Cuvor by slvln:; lintuedlato notice of any error dlicoTered ta tbese Tables.
DE8CEIPTI0N.
Date
Miles
of
of
of column lieiWliusB, Ac, see notes
Eoad. Bonds.
at the beiwl of llrst page of tables.
For explauatiou
Xcw Tork <t Ilarlem—Common
-Pi-efcrrecl
$50
50
1872
1861
1872
1872
132
Binking fund
Y. Jlousatonic it yorUiern—lat inortK.igo
r. Kim/St. <£ iVra.— Ist m., g'd (^,000,000)
Jf. Y. <e H'cw Entjlatid (Bost., Iliirtf. rf;j;r»«)—Stock.
A',
"go
150
1st mortgage!^, old
yew York, New Ilacen,
"86
141
I2I4
1873
1869
1870
1871
1,000
500 &o.
500 &c,
1864
Ji.
—
rf lUu'lford
Htook
Uiirlcm & Portclicstcp, Ist mortgage guaranteed.
v. Y. ti OsKcgo MUlUind— let mortgage, gold
2d mortgage, convertible
2d mortgage, nou-convcrtible
mortgage, equipment
let mortgage. Western extension
Consolidated mortgage
y. y.ji'roi'. <e Uoslon (Stoniugton)—Stock
Ist mortgage
Kxtcimiou
1,000
100
334
223
225
100 ic.
lid
1873
—
62
62
100
1863
1,000
1,000
1,000
58-'60
1869
62
223
223
223
102
102
102
102
58
56
(ieueral moi-tgago ($1,000,000 autliorized)
I7orlh Caro/*/m—Stock, common
Preferred stock
Mortgage bonds
XorUieastern (&'. C'.)— Stock, common
Frcf. stock (8 per cent) e-xcUangoable for 2d mort.
Ist mortgage, new
2d mortgiige, new
yo7'lh Fennsi/lvania^StooU
1st mortgage
Chattel mortgage
67-'68
1869
1869
—
Income convertil^lo bon<ls, coupon
Income bonds (cxchangeal)le into consol. mort.).
Consol. mortgage, gold, 8. fund, coup. $ or J&
9(>,000
820,000
231,500
"50
1855
1865
1853
1868
1868
1870
1872
i38
500 ic,
500 &c,
500 &.C.
1,000
a, 000
1,000
1,000
1,000
74-'75
Mort. b'd» (for $;i,000,000, exc. for incomes of '72)
yorUiem,N. //.—Stock
8312
21
_.
Xorlhem of New Jers«i/— Stock
mortgage
"ioo
21
yovtheni I'acific— Istmortgage, gold, land grant.
Norwich <£ irorcestec— Stock
1st moi'tgage. State loan, sinking fund
2d mortgage
^
Ojdembitrii (0 Lake Chainplai)i—Stoe)i
530
"66
66
122
1870
Equipment
Oh to
3fm-m(»wt—Stock, common
<e
Preferred stock
(7 p. c. yearly,
Income and funded debt
393
393
148
393
303
393
cumulative)
l>ond8
Ist consolidated mort. ($3,317,000 are
s. f.)
<yOi:8olidat<5d mortgage, sterling
2d consolidated sinking fund mortgage
Debenture sinking fimil bonds (for $1,000,000).
Spring.. Div. (Sp.&Ill.SE.) IstM. (for $3,000,000)
Oil Vreekit: Atlei/heni/ lUcer— 1st mort.(W. & F.RR.)
Istmortgage (Oil Creek RR.)
Istmortgage (Uu. & Titusvllle RK.)
New mortgage, (Pitts. T. & B.)
l^^mding income bonds (P. T. & B.)
Old C'oioHi/— Stock
228
50
38
120
217
Bond>^
Bonds
Bomis
Bonds
Bonds
Omaha
Northwestern
t^
—
— Land grant gold bonds.
40
9
200
Orange Newark 1st mortgage
Oregon <t California— 1st mortgage
Oswego €6 Rome— \fit mortgage guaranteed
Income mortgage bonds
Oswego d- Syracuse — Stock, 9 per cent guar
Mortgage bonds
<S-
JVino
York
<b
Harlem.— Gross earnings
28 13
"35
33
&
Nnrtlieasterri~ 8.
V.
7g.
7g
"7'
5
p.
400,000
30,441 ,300
C— .\nnnal
King ton <& *9^rmrw?«.— Includes old
Oswego Sold m foreclosure May 2,
7g.
7
7
7
2»a
6
6
7
3
3
8
4
Ym'k
re ort for 1871-5 in
-199.
Gross earnings, J4:i),95ii; net,
Report to Sept. 30, ;875, net earnings,
Hartford. —Net income
ap;ilicable to dividends in 1874-5, S1.69l,!)3.), against
$1,878,256 in 1873-4. (V. 20, p. 6i; V. 2.', p. 1 5.)
,
Osweao Umiand.-lnterest in defanlt since 1873. Receivers' certificates have been
issued, and the floating debt, Seiit. 80, 1871. was $6,S74.6M. Deficit on operations, year 8:3 4, $236,3S>.
I>atest funding plan V. 21, p. 278. (V. 20. p. 63,
i2, p.
New York, Provllence tk Boston.— .^.m^wnX report
for fiscal year ending Sept. 1. 187,5, showed net eirninga $408,5(1, leaving a surplus of $7.1.7il above interest and dividend payments. Fall report V. 21,
p. 464.
North Carolina.-
•Ix:r.sed
New Hzmpshlre.—'Nat Income
ye!>r 1875-6
A
I80; V.
Boston.
J.
&
J.
&"j. N.
M.
M.
&
&
J. N.Y.,
Scptembcr,1871,toRich-
nond & Danville Railroad at $261,000 per annum.
Jr. March, 1375, the gauje was changed.
Dividends
at 6 per cent, are paid oa stock, of which the State
was
$12a,810.
(V.22, p.
66
fiscal
.)
Northern of New Jersejj.—Op^vAted by Erie at 35
per cent of gross earnings, which in 1875 were
$278,991.
(V. 23, p.
488.]
Northern /»;«(&.— Sold Aug. 12. 1875, for $100,00,1
and prcf, stock is issued to bondholders at the rate
of S1.4)0 for each $l,0i0 bond, and this inclrfdos the
interest funilud to July, 1878.
This stock is exchangeable for land at its par value. (V. il, p. 15,
78, 137, IOO, S31, 32i, 372; V. 22, p. 135, 159, 209,)
Norwich tfc Woreesler.—'l."&Bed. February, 1SG9. to
Boston, Hartford & Erie f ir 100 years at 10 percent
per annum on cost. Dividends paid of 10 per cent
per annum. Gross receipts in 1874-5, $729,440; net
|i91,99-.
Y., G.
Opdyke & Co.
do
do
do
do
N.
N.
(V. 21, p.
A
1884
1, 1876
1903
July 1, 1894
May 1, 1895
May, 1896
Grand Ceu. Depot. July
Q.-J. N. Y., M. Morgan's Bone, July 10,1876
& A.
do
1878
do
do
do
1878 &. 1881
J. & J.
do
July 1, 189;>
do
M. * S. Company Shops, N.
Mar., 1876
M. & S.
Mar., 187i>
do
do
M. & N.
do
do
1877 4 188S
P.
M. & N.
O.
New York, Office.
do
N.
do
1st coup, due Nov., '77
F. & A.
Philatlelphia, Office.
A. <fe O.
do
do
A.
M.
&
&
& J.
& A.
& A.
J. & J.
M. & S.
F. & A.
F. & A.
M. & 8.
J. & D.
J. & 3.
M. & N.
A. ci O.
M. & N.
F. & A.
F. & A.
M. & N.
do
do
do
J.
F.
F.
SaO.)
Ogd^nsburg L^ke Champlaln.—Lcsisei tn March,
1870, for twenty years to the Vermont Central tor Interest on bonds, 8 per cent on preferred stock and on
Feb.
Apr.
Feb.
Fob.
July
1,
1,
1,
1,
1,
1,
1,
1905
1896
1883
1890
1896
18:16
1876
do
Aug., 1877
do
Aug. 1, 1881
do
March, 1894
do
June 1, 1803
do
Jan., 1901.
N. Y., Kountzc Bros.
Newark, Office.
Franltford <). M.
N.Y., Farmers' L.&T.Co
May, 1915
do
do
Feb., 1891
N. Y.,Del.,L. A; W. RR, Feb. 20, 1876
do
do
1880 & 1885
common
three,
April, 1911
1, 18S;t
May
Nov.
July
do
do
do
Boston,
Office.
Sept., 18T(<
6 per cent for three years, 7 for the
for the next fourteen years.
nex
t
and 3
Ohio tt Mualsslppl.—Kn abstract of the anniial
report to June .^0 was given in V. 3l,p. 322 and
404. The following comparison is for three years
18T2--3.
North'.m
New Haven £
212, 266,313,501,522; V. 21, p. 40,61
352, 447.)
M.&'S.
.1.
23, p. 257.)
New
Central Depot. July 1, 1376
July 1, 187G
do
do
May, 1900
do
J.
do
do
Jan. 1, 1881
O. N.Y.,8t.Nich.Nat.B'k,
Oct., 1903
J.
New York.
July 1, 1903
J. N.Y., Gr.
3.
do
N.
M.& N.
May, 1875
M. & 8.
Charleston,
Sept. 1, 1899
M. & S.
do
Sept. 1, 1899
8
P. & A.
Philadelphia Office,
Aug. 1, 1876
3
J. & J.
do
Jan. 1, 1883
do
6
A. & O.
Apr. 1, 1877
do
do
10
M. & N.
do
May 1, 189G
do
7
7
M.&N. Baltimore &. Philadel. April 1, 1876
3
IiTcdecmablc.
Q.-J.
Annapolis.
6
& J.
Baltimore.
Julv, 1885
6
A. & O.
April, 1900
do
6
J. & J,
do
Jan., 1877
6
July, 1900
do
Og. J. & J,
A. & O
July, 1900
do
6 g.
A. & O
do
Apnl,1880
7
do
Jan. 1, 1932
J. & J
7
6g. J. & J Londen & Baltimore. July 1, 1904
Jan. 1, 1936
J. & J
5
Jime 1, 187«
Boston, Office.
J. & D
1875
3%
1878
J. &
J. City, Huds(m Co. B'k
7
July, 1900
J. &
New York.
7.30 g.
J. &
New England Tnist Co Suly 10, 187(5
5
July 1, 1877
do
do
J. &
6
J. &
do
do
Julv, '75 to '77
7
Boston, Ollice.
July 10, 1876
J. &
2
A. & O
do
April 1, 1876
4
Jan., '78 to '79
J. & J
do
8
M. & S
do
Mai-., 1890
8
Nov. 1, 1905
'3'3 M. & S.
New York, Office.
Mar. 1, 187".
A. & O.
do
April.l, 1883
do
7
do
do
Jan. 1, 1898
J. & J.
7
London.
J. & J.
Jan. 1, 1808
207,533,570.)
York,
J.
Dividend.
7
1875. Gro3.^ earnings (in Mass.), 1871-5, S')10,l"8
net. $187,106. (V. 20, p. 283, 836, 6!4; V. 31, p.31,
New
Enolaiid.^This was formerly
Thr; road was opeiated by
Boston Flartf. & Erie.
the trastees of tlie Berdell mortgage for several
years and conveyed to tlie now company in July,
New
A.
&
&
&
&
&
&
When Due.
jSVocA»— Last
7
Northern Central.— T'.\c annual report for 1875 in
CiiKONicl.E, V, 22, p. 278. showsgross earnings,
$1,926.21:; expenses, $3,3(-3,123; net,
81,.56'!,ia4.
The total net income was Sl,7'lfi,6.39, of which
$1,247,176 was paid for interest and rentals, leaving
net income. $459,46:). equal to 7 80-10) per cent
npoa the capital ttock of the company. The 5 per
cent S3,000.OJO mortgage is to exchange for inconifs
of MTi. (V. 19, p. 617; V. 20, p. 267, a36, 356; V.
1975, fo.r $750,003. (V. 19, p. 366, 533; V. 20, p. ^13,
314, 4,53, 015; V. 21, p. 160.)
t&
J.
7
North 7Vn««yfoaai<i.— Gross receipts in year 1874-5,
*I, 417,731; net, $512,191; surplus .above interest.
$P>0,-o27.
Stock held by Philadelphia city was sold
Fcbraary, 1873. (V.2), p. 231, 403; V. 23, p. 134.)
York,
New York
M.
870, 'JSi.
Tork, Tloum'/mic <£ yortA«('«.— Foreclosure
pending. (V. SI, p. Stt.)
&
20.
$1~.';,141.
New
New
7
7
of North O.rolma holds f3,001),000. (Vol. 16, p. 653;
V. 17, p. 155, 218; V. 20, p. 267; V. 20. p. 39 s.)
1873-4,
$2,856,535; operating
expenses. $1,719,354; net
fsaruiiigs, tl.lil.Hl.
Lea'ied to New York Central
at 8 percent per annum (payable J.
J.) on stock,
aad interest on bonds. The Fonrih avenue horserailroad and real estate was retained. The extra
dividend Apnl, 1676, was froai proHts of city line.
Tiondout
4
2,604,400
400,000
245,000
100
3,077,000
100
2,000,000
68.'69
1,000
500,000
1870
1,000
468,000
100
20,000,000
100
4,030,000
1862
1,000
174,000
1868
1,000
6,584,000
1868
£200
112,000
1871
1,000
3,905,000
1873
1,000
KJO.OOO
7
1874
1,616,000
1,000
6
isr,5
1,000
1,500,000
7
1.000
1S02
580,000
7
1870 500 &c,
500,000
7
1876 100 <fce,
1,155,000
7
1876 100 &e.
300,000
7
100
6,733,800
3
1866
1,000
1,000,000
4
1867
1,000
1,450,000
7
1871 500 &c,
205,500
1874
1,000
1,692,000
1875
500,000
6
1871
1,000 16,000 p. m. 7.30 g.
546,000
6
10,930,000
7g.
1865
1,000
350,000
7
1866
1,000
200,000
7
4I3
50
1,320,400
58*64 500 etc
124,000
7
122
Prefei-rea stock
l>onds
Binking f uiul bonds
100 &c
100
4
pal.
8
3.978,150
1.930,500
360,000
1,.500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,136,000
203,602
2,599,000
205,000
1,000,000
800,000
2,964,000
2,200,000
3,068,400
1,000,000
500 &c.
313
138
138
138
26
138
138
138
.
100
100
500
50
50
500
500
50
500 &c,
$7,500,000
1,500,000
10,300,000
108,444
1,500,000
2,500,000
20,000,000
273,000
15,500,000
2,000,000
8,000,000
2,500,000
1,500,000
3,800,000
2,425,000
1,300,000
3,000,000
76,000
250,000
837,000
3,000,000
1,000,000
380,000
890,350
1,000
"56
2d mortgage
(Jcneral mortgage bonds
Jforlheni Central Stock
Ist mortgage. State (Maryland) loan
2d mortgage, sinl^ing fund, coupon
3d nim-tgage, sinkiiig fund, coupon
3d mortgage, Y. & C. RR. (guai-auteed by Bait.)
Cousolidated mortgage, gold, coupon
do
do
do
registered
HOTirfs— Princi
Amount
When
Outstanding Rate perl Payable Where Payable, and by
Value.
Whom.
Cent.
Par
133
stock
INTEREST OR DIVIDENDS.
Size, or
stock
Coiisol. nioit., coup, or leg. (for $12,000,000)....
1 st
[July 29, 1876.
Earnings
$3,751,422
Operating expenses. 2,613,313
Net
1,141,109
1873-4.
1874-75.
$S,47<',071
$3,2,M,47»
2,5l«,SoO
931,193
771,138
2,31ii,!i6«
863.510
8i5,47a
&c
1,038,37
The company purcha'cd the Springfield & Illinois
Southeastern Road March, 1875. for *«,000,000 in
Interest,
bonds secured on the Sp. *fc I. S. ro.ad. and with privilege of funding coupons to Nov., 1!577: of the same
mortgage bonds $1,000,000 were reserved, the proceeds to be used for improvements. Since election
of directors Oct. 14, '7.'i, the Bait. & O. interests are
more largely represented in the board. (V. 20. p.
215. 267. 291), 291, 477, 491; V. il, p. 269, .323, ZT2, 396;
V. 22, p. 111.)
Oil Creek c6 Allegheny i?ii)«r.— Sold in foreclosure
consol. mortgage. Dec. 29. 1875, for 8I0.',0O). New
organization made Jan., 1876, as Pitts. Titusv. &,
Biift. RR. (V 21, p. 40, 303; V. 22, p. 16, 135, 279,
399)
Old Co'oni/.— There are $32,f:00 S per cent bonds
due 18S4. Total earninirs in !874-5, $3,286,473; expenses, $1,443,135; net, $7:i2,739.
(V. 21, p. 533;
V.
23, p. 86.)
Oiralia <& Norlhwa>t.—y&sBe& interest 1874. Some
bonds and coup's exchanged for lands. (V. 22, \t. 79.)
Oregon
<&
Golifornia.—'Rom'\s nearly
all
placed in
Germany. After default in 1S73, proposition offered
by Ben. IloUuday, President. (Sec V. 19, p. 4SC; Y.
22, p. 3;'5.)
Osw'go <ft ^«n«— Operated by the Rome, Watertown cSs Ogdcnshurg at 8 per cent on $30.\000 stock
and interest on first mortgage bonds.
Oswego <{i .^ricttsc.—Leased to Del. Lock. * West,
on bonds and 9 per cent on stock.
for interest
—
.
.
.
.
RAILROAD STOCKS AND BONDS.
J.l/ 29, 1876.]
«iib»crlbera will confer a Kreat
Aror
kItIdx Immediate notlee ot may arror dleeovered la tbcaa
bjr
DESCRIPTION.
Miles Date
of
of
For ezplnnatlon of column lioiuliiixs, &c., see notes
Rood. Bonds
at tbo bead of flrat page of tableH.
30
483
283
283
Oicemboro
<e Kituselhille— 1st mortgajfo
Paeitic of Missouri —Stock
l8t mortjfiijfc, i^tiUl
2d mortKaRO (siukiiij? fund $50,000 per annum)..
Krai OHtiite (depot) bonds
Debt to St. Loiiia County (no bonds)
Income bonds, (^narantned Atlantiu <& PoclHc) ..
3d mortKagc
do
do
Leavenworth, Atch.
Hd mortgaRo
&
N. W., Ist niort., guar
Faducah <e 3/«mp/ii*— Ist mortgage, gold
Panama Stock
General mortgage, sterling
Paris tC Danrille.—lut mortgage
ParLi cC Decatur, (Ills.)— 1st uiort., g'd, sink, f'd
PaUrson <* .V«warfc— 1st mort., guar, by Uric
Pekin, Lincoln it Veratur—lat mortgage
Peninsular (Mlcb.)— 1st mort., gold, sink, fund
Pennst/lcania Stock
1st mortgage
General mort.. Ph. to Pitts., coup. a«d reg
State lieu (pay'blc in annual iust'lui'ts of $4(50,000)
Cousol. uiortgago, couj). & reg. (a. f. 1 p. c. yearly)
Pennsylcania Co. Common stock
Preferred stock
let mortgage, gold, (hold by Pennsylvania RR.) .
Pennstjlrania t£ 'Delaware Ist mortgage
1873
—
103
46
83
83
—
d- Jiareau Vallcij
Stock
Peoria, I'ekin f£ Jacksonville— 1st mortgage
d:
Halt.
(Pa.)
St
83
82
82
36
36
10
287
Central— latmovt. (Pa)
mortgage
mortgage
1833
1860
1866
"46
1837
1861
1808
1869
287
287
287
:
2a mort., gold (for $20,000,000). guar by P. R.
PhiUulcljth ia it lieading-Stook, common
1,000
18
100
1
ISOS
1868
1871
1871
1871
1873
1873
1874
1872
Consolidated mort., dollar loan, coupon or reg.
do
gold, dollar or sterling
do
__
do dollar loan. gold,coup. or reg
do
Debenture loan (convertible 187(>-!)2)
luiprovem't mort. (dollar or sterling) sink'g fund.
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)
Coal & Iron Co., guar. mort. (for $,)0,000,000) ..
Ph iladclnh ia d- Trenlon—StocU
Philadelphia, Oerjnaniown if: Iforristown—^tovk
Pliihulelphia, \Vilmin(jtnn d> Balliinore Stock
1st mortgage, convertible
Plain bonds, loan
7t3
750
.
26
20
100
98
—
do
do
1872-4
(for
1st mortgage, Stcubenville & Ind„ reorganized...
t'ol. (fe Newark Division bond.s
Owensboro
eusboro
A
A
To
—
Now Evansvilte. Owbe sold In foreclosure.
lit/ssellvi'le.
Nashville.
1873
1868
1873
1861
1864
200
200
117
33
$10,000,000)
2d mortgage
On
all
7
7
A.
7
7
F.
I'§«•
8
8
,f.
7
,1.
6
.1.
,1.
7
6
A.
A.
7
.1.
6
g.
2"3
3I3
!i,ri-<^.()ii()
7
2 'a
3
1.239,100
290,000
6
1,0!)0
1,000,000
.000
1,000
1,000
1,000
700,000
839,000
6
a
C
7
7
6
7
2,2:11,900
4
0,222,000
5,000,000
3,000,000
775,000
payments,
isrs...
.
H74...
. . .
305, :»:, .%j.)
Parlt
S
OanviUf.-FoTCclosnti in progress.
(V.
81, p. 188, 2'jr.)
PaHs <fc /),'? 'fur. —Consolidation. Now Illinois
Midland. (V. 19, p. 331; V. 21, p. 613.)
Paterson <ft A>«>ori!;«— Lately operated by Erie.
Stocli is $450,000.
Pekln, Lticoln <t Deeatur.—L"aiicA to Toledo,
Waba.i'h & Western. To be sold in foreclosure
April 21, lb76. (V. 2!, p. 21T.)
7V«l"*«'ar.— There is also a second mortgage for
$541,000. Defaulted May 1. 1872. Coupons unfunded.
Consol. with I't. Huron & L. M. July, 1871. W. L.
Bancroft. Ucceivor. (V. 17, p. 155, 6,W, "63.)
Pt^nn.^tjlvania.—Tha report for '75 is »iven in V. 2?.
p. 2->3. 447. In May, '7.% the dividciul was changed
to the rate of 8 per cent per annum. The direct
funded debt of the company is $.5!), 000,000 ; in 1H74
tlie iiabiliiy as n guarantor of principal and interest
was oil t,«,ftJ3,fi(X) bonds; annual lialiility additional, on guarantees of intcros' or rentals, $13,80'2,3ie.
and Debt.
$a0.lwi,251
Earnings.
$Nl47,as8
tl28,'OT,Vi0
22,(it2,371
9,3''».!i2l
ll.t.010.000
O.t4%70l
103.781.0-5
82..')8:l..'i.37
8,217,852
The Pcnusylviinia Company is a corporation ditinct fram the Pennsylvania Railroad, formed to
operate all the leased lines west of Pitt-burg. Tiie
stock is owned by the Petul. RR. In >7l ttie ojicrations.-liowod net profit of $811,318, including receipts
2«.8SB,00»
S2.0i2,ri2.'5
from the Company's investments. A very complete
exhibit of the operations and financial condition of
all its Iea,sGd
roads \vas publi.slied in V.
Oct. 10, 1807
do
do
do
do
.1.
A
A
A
A
A
A
A
20,
it.
425,
Ac. (V. 18, p. 191. 28."), ^iVI, 501, 5,'^, t^30; V. Ill, p.
377, 47', 601; V. 21. p. I«, 8li. 267, .HI I,4i5; V. 21, p.
ISO, 301, 458, 592; V. il, p. 253;
21, p. 10.)
V
Peinsylvania <ft Detawire.-The lease of this road
to the Pennsylvania Kaiiread was ratified la 1874.
Previously operated under temporary lease.
1880
1010
Jan.,
do
do
A.
0.
0.
New York and
Phila.,
do
Annually.
June
15,
1005
Oct., 1873
11103
1903
1903
1902
Jan., 1879
Jan., 1000
do
do
do
do
do
Oct.
July
.1.
8.
Philadelphia, Office.
J.
J.
Philadelphia, Office.
.).
.1.
1.880
do
do
Phlhwlelphia
A
London.
June, 1911
June, 1911
Jan. I, 1803
PhiliMlcli>hia, Office.
do
do
.1.
1. 1807
1. 1908
1892
Philadelphia, Office.
July 10, 187B
Pliila.. Treasurer of Co. June 3, 1870
Philadelphia A Boston. Jidy 1, 1870
do
do
July. 1884
do
do
April, 1887
Phll'delphla, Co.'s Office Oct. 1, 1802
do
do
April 1, lOOO
Phila., Ptt. RR. Office.
Aug. I, 1000
do
do
April 1, 1013
May, 1884
N. Y. Agent, 57 B'wav.
Phila., Pa. RR. Office.
Jan., 180O
O. Philadelphia or lyondon
.1.
Varions
Q.-J.
Q.-M.
A J.
A J.
A O.
A O.
A O.
F. A A.
A. A O.
M'uthly
J. A J.
1888
1886
1880
1880
1888
1877
1803
1893
Jnno, 1911
London.
do
do
<).
1877
31. 1881
1,
July, 1920
Jan. 25. 1870
July 25, 187t>
do
do
do
do
do
do
London.
do
,1,
1,
March
do
Pliihulelphia A London,
PhiliMlelphla, Office.
i:=i:
D.
1801
Oct.,
Philadelphia, Pa. RR.
J.
I)
J.
1,
I,
B.ACo. Jan., 1879-'08
do
do
0.
do
0. Pldla., Pa. Life A T. Co,
.1.
Feb!.'
Apr.
June
Phil.idelphia, Office.
J.
J.
J.
1000
1807
1013
Jan., 1872
I^ondon.
2278. 4th»t.
do
J.
J. N.Y., Lancaster,
A.
A.
A.
of *t5J2.(»!)tt in cai:nmg3 since -lanuary 1;
the failure of A. & P. to pay tlie October dividend
advertised, and the fact tliat the road was so heavily
Litigation is
loaded with debt to A. & P. Co.
pending, !>iul road to lie sold niulcr i'u niorcga^o
Lexington & St. Lonis also to be sold
Sept. (J.
<V. 20, p 888. 4S'I, b'M; V. SI, p. 40. 37i, 3'M. 412,
418, 4t)«, 4W, 5Vi. 5T1, 5i)3; V. 42, p. 10, 182, 3.8, 568;
V. 23. p. 16, m.)
Pa't'i-^ ih (ft i1f^;n;)ftl«.— Forcclosarc procccdiiT^s
comm; need, but comiiromi.se afterward roportcu.
(V.'.!l, p. IIU; V. 2J. p. 23r)
Panama.— \. steamship lino lately started. {V. 20,
p. 3.58; V. 21, p. 207, 231, 48!(; V. 2J, p, bS, 233, 247,
..
"l8«»
B'k N. America. June 1, 1800
I).
do
do
June, IlKMi
A. N.Y.,Chle.,R. L APac.
Feb.. 1870
J. N. Y., Imp. A Trad. B'k. July 1, 1804
J.
J.
:
..
1,
Phlln.,
.1.
oiierations east of Pittsburg, in 1375, the report
.
Oct
July IS, 1870
Office.
.Phlladclpbta, Office.
I).
,1.
including dividends. The following is a comparison
forfi.ur years on muin lino and branches In Pennsylvania
Total Stock
or„ g
Net
.
1893
m8»
(>>t>t.. 1803
May 1. 180»
0<;t. 1, 1803
Dec. 1, 1809
0. Pittsburgh Co.'s Office.
A.
Philadelphia.
A.
Phlbulclphia, Onicc.
0.
do
do
a".i.
(i
ll,33(i,2.")0
tn-.i...
York,
.r.
30
30
500
1872
I,
I^tb..
do
.1.
li),i;-;(;.oO()
all
&
*,
A
A
A
A
A
A
A
A
A
A
A
.1.
in. ii:f,300
1,000
1,000
Mar
Ix>uduu.
O.
i J.
& O
A
A
A
5g.
6
A
M A
7
I. A
A
A, A
J. A
7
g- J. &
A
6 gA
A. A
6
6 g. J. A
6
n
79,500
182,400
967,200
495.900
134,400
1,138.900
2,700,000
10,688,000
7,000,000
1
Aug., 1844
July, 1801
Commerce
do
•4"
9(iS,000
lo.-^oo.ono
Earnings.
J.
7
shows a net surplus of $1,031,959 over
.
A.
.1.
I.
P(ic{fico/ Aftisourl-^oad wn4 leased -Inly. 1872, to
AtLlniic A Paciflc Ituilr.iad and dividends ga-irnnteed. In Sept. and Oc^t., 18T5, the price of s^tock
fell from 47>; to T%, tlio principal causes being
.a (l<'crea8c
K.
K.
J.
J.
K.
J.
'I
100
1838
1867
A.
?«•
l,510,.5OO
1,000
1.000
1,000
&
Q.-JI.
"3'
300,000
6,013,700
2,100,000
1 ,000,000
5,000.000
3,000,000
8.680.000
32.725.775
1,531,800
I'.odo
du
M. Y., B'k of
1892
J 875
1,
July 20,
N. Y.. Atlftu. A P»c. KR
N. Y., B'k Commeroo.
New
Q.-J.
A.
400.0(M)
1,000
1,000
1,000
1,000
'
A.
300,000
300,000
800,000
100 &c.
100 Ac.
100 &c.
50
50
N. Y., Af A Piu). R. R.
N. Y., R'k Commerce.
J.
J.
J.
5
6
1.324,200
I'siVo
I^an mortgage
£.— 1st m., cons,
6
6
,000
DlrldMd.
& J New York and lA>ndon. July iVl893
& J N. Y., Erie Railway Co. Jan. 1, 1878
7
7
K, & A
N. Y., T. W. A W. RR.
Feb., 1000
New York.
7g. M. 4 N.
Hay 188010*00
2
Q.-F
Philadelphia, Office.
May 20, 1878
()2I,000
1.200.0(X)
1838
1830
debenture
<t SI.
A.
Prtue^
Wbco Doe.
N.Y.,Imp.ATr»d.N.B. Feb.
J.
7g.
'7g.
20.230,000
3.000,000
8,000,000
7,096,000
1,083,000
519,000
1,.500.000
1,300,000
1,200,000
1 ,000,000
1,000,000
1,500,000
1,000
M.& N
& O.
& V.
A. & O.
g.
Hl,!)0!).760
100
500 &c.
pal,
Whotii.
3
1.076.000
1,000
1,000
A.
aa.
by
& J.
do
do
M. dc N.
do
du
mout'ly
8t. I..onlii.
U.ii H. N. Y., B'k Commeroe.
eg.
6
3,K()0.000
13-!)
18,57
Ix)an mortgage, sterling
PitU., C.
7
08,870.200
4,070.000
1,000
Preferred stock
do
do
7
1,200,(MH)
.500.000
i',6t)0
61.
Tak
hoHit9
J.
8
7
i,ii)o,(X)o
30
50
Mortgage loans inconvertible
Loan mortgage, convertible
do
sterling
do
do
do
do
East Penn.iylvania Ist mort., sinking fund
I..oan
Q.-J.
800,000
700,000
1,.300,000
2,300.000
300.000
90O.000
200.000
500,000
1,541,000
7,000,000
2,704,000
1 .000
1,000
1,000
'
Philadelphia <£• JJcie—Stock, common
Preferred stock
1st mortgage, Sunbmy & Erie
1
r.
2,7(H),(X)0
100
1873
.
2d mortgage
lat mortgage (Md.)
2il
1864
OOI2 1870
18 1867
(after iJl.W.OOO lOs)
2d mortgage
Philadelphia
1873
1873
1873
1866
1866
44
44
103
gaaran
Conaol. mort., gold, giuir. P. & R., (sluk. fund)
Pftec»6 !«•)/—Stock
1st mort. bonds (payable $23,000 yearly)
F. &. A.
««•
7.(M)O,0O0
7,0(K),000
loii iVc.
Payable
8
$1,."500,000
50
50
2d mortgage
2d mortgage
JV«r(o<f«ocfc/;— 1st mort.
Ptrkiomen—\t\t mortgage
Cent.
5.007.3(i0
—
Peoria
1
Value. Outstanding
47
ioo
47 1867
«200
34 >a
75 1872
.500
12
1808 500 &c.
67 1871
1,000
106 69.'70
"50
860
355
1,000
1870
1,000
—
INTERJMT OR DIVIDENDB.
Rata per When Wbuni Puyalilc,
Amount
Par
ll.")
—
Peniimjlcaiiia <t New York— lit mort.,
1st mortgage, guaranteed
or
8i7,e,
1872 $500 Ac,
100
1868
1 ,(M)0
1871
1,000
1872 500 ic,
1872
200 1875
I513 1873
5314 1871
85 >4
21
1870
Carondclnt Branch, 1st niortRajte
Lex. & St. Louis branch, Ist niort, Kold, gxiar
xxr
London A Philadelphia
do
<lo
Oct.
July
—
PMlaidphia it Baltimore Cen'ra'. Operated for
some time past. In Penn.'ylvania by trustee* of (In t
mortgage bondholders.
Phil., Wil.
A
Bait. largely
interested.
Philadelphia <t AV1«.—Leased Fchniary, ISCi. for
9Wt years to l*cnn. Railroad, biii without any cnorantee of bonds. Gross carnni^j,. 187.^, tA.in,f9T;
The Pcnn. Railroid is
net eaminss, $1,117.4.3.
creditor $23 1,241. (V. 20, p. g, 243: V. 22, p. 2 11 6.1
Philadelphia
and branch
1* ff«cirf<n<7.— Theneteaminir-of
main
wire
$4.5.30.768. asminsC
in 18:2 :•. Income
$2,311. -89. agaiest $'.351,H;it in
lines in 1874-5,
$,i,-2l1,-.H)") ill 187:;- 1,
and
$.'i.;V)7.7Bfi
from other sources.
Thetrnsfees of Hie general mortga^ hold
18;3-l.
the mortga^r of the (7oal A Iron Co. A comparison
of statistics for three years
Grosseaniings..
Op. expenses
Net earnings
.
is as follows:
1872-.^
1873-1.
l'74-6.
$14,832,661 $I4,4S2,U1 $l2.6Gti,>«T
9,474,8!«
8.73:,9I«
e,iao,lS»
....
Inc.othersourccs.
Fnndoldobt.
—(V. iO, p. 858; V.
$5.:20.«r.5
$4.S30,7iS
l,3.M.hT0
44,181,716 58,1.S5,H8
il, p. 46S; V. 22. p. 1
08; V. a,
$5,357.7f.«
1,065,116
i,3tt.fl8St
.57,IS4,III
p. 40.)
Pennstiluanl
i
it
New
I'or*.- Operated In
close
connection with the Lcliigh Valley. Net earnings
Dividend of 7m)ercent paid on pre1873, J+l^SOI.
ferred stock, $3,000,000; common stock is t;l,06l,700.
Peoria
Chicago,
A
Bttreiu V'tUei/.—TjCA'n^ pcrpotually to
Island A Pacific at $123,000 per year.
Rock
Petm
<ft
Jack»oiivl le.—Ja year ending
net earnings, $60,26!.
hands of receiver. Defaulted in 1874. There are old 10 per cent bonds of
Peorii,
June
30, 1874,
Peoria
it flock Itiland.— In
(V. 21. p. 141, 618;
22, p. 56, 314, 463.)
$l.'iO,000.
V.
iVril:ioni«fl.--T,ea8cd to
—
V.
31, p. 159. 3)9, 535;
Philadelphia
Pel^rsburq. Gross earnings 1874,
(Vol. 19, p. 351; V. 80, p.
$103,373
61, 8r2; V. 22, p. 18J.)
A Reading.
V.
'ii,
6t(K;k.
Phi' id'pMa, Oermnntoirn <t Xorrifloicn.—hetmi
per
for 999 ) cars to Philadelphia A Rcadhig at
cent, on stock.
U
Philade'phli. WUmlnolott it Ballimore.~V«t earnings, year ending Oct. :il, I87.^ $l.»«0.30), loirtnga
small snrfihts of income above payment of 8 per
Last annual report in V. Kt, |>.
cent dividcuds.
150.
Pittsburg, ClncinnoU <t St. iiufa.—This company
leases several roads and is itself controlled by the
Pennsylvania
$240,145; net
502:
Philadelphia it TV* iton.— Leased to Pcnnsy:vanla
Railroad with I'nlted New Jersey companies at 10
per cent on
p.
-Co.,
capital slock.
$2,928.6 0; 2a
1815, $T3:i,96-i.
which holds a majority of the
Common
pref.,
stock. $?,50e,71iO; )«t prof.,
$.3.nc0.iX)n.
Annual report,
IS4&,
Net eaminn
V. Si, p^ fi I ^
.
—
RAILROAD STOCKS AND BONDa
XXTl
Snbserlbers
ivlll
confer a sreat favor bf glvlns Immediate notice ot any error dlacovered In tbese Tables.
DESCRIPTION.
Date
Miles
For explanation
of
of coUiran headings, <Stc., see notes
Road,
at the head of Urst page of tables.
2d
2d
2d
2d
2d
2d
3d
Pittsburg, Ft.
Par
Bonds
Value.
4(>8
408
408
408
B
C.
D.
E.
F.
O.
H.
I.
K.
L.
M.
Wayne & Chic, construction bonds
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
.
4(j8
4G8
408
4G8
408
4G8
468
468
468
468
Equipineut bonds (renewed)
<t Cluirteslon~lat mortgage, gold
Filtsb., Va.
—
rUUb.
Portsmouth,
Bonds
(not niort.)
Providence
rf-
Con iraw— Stock
guaranteed by Eastern
Falls
(St.
<t
^Yorce8ter
71
71
07
44
50
50
isi
181
—
142
40
29
brancli, 1st mortgage
Northwestern, N. C, 1st mort., guar.
100
1872
100
500 &o.
100
1870
1802
1804
100 Ac.
1871
1,000
—Bonds, 8t«r
23
281
218
07
190
190
J.
,S7. /j»»is— 1st mort., gold
Watcrtoivn it Of/deusbury Stock
1st sinking fund mort., Wat. »k R
Gcn<'ral nmrtgage, sinking fund
—
JiOiiie,
2d mortgage
Cou.sol. mort., convert, till JiUy, '79,
coup
3()0
commou
100
1874
1873
1870
1875
1868
185.5
1861
1873
1874
120
120
120
120
112
170
266
Equipment mortgage bonds
New general
do
mortg.age
—
Joseph if- iH-u per City 1st ni. gold, E. div
l8t miu'tgage. Western division, laiul gi'ant
Bt. Louis, .ittoii rf; Terre J/rtH(c— Stock
Preferred stock (7 iM-r cent yeariy, irumulativi')..
'-"^
" *^
1st mortgage (series A) sinking fund.
Mountain
(series C)
(series D)
j
it
Southern
—Stock
.
680
210
210
080
100
1st mortgage, coupon
2d m<irti:age, gold, e<tupon. may iw. registered
Cons. M. gold (3. f. after 1880),c jiip., maybe reg.
Arkansas Branch. 1st mortgage, gold, laud grant
Cairo, Ark. & Texas, 1 st moit., goll. coup, or nsg.
Cairo &. Fulton, 1st mort.. gold, o:i road :infl land.
PUIsburg,
was leased
July,
Wayne
Fort
ISli't.
road
for MOi years, lo IVnnsyltt
CAI<;(i!7(i.— Tlii*
vania Itailroad, at a rcntiil equivalpiit to interest,
sinking fiiiui of debt, and 7 per cent (.n $lli.7]4,33'j
stock, whifh was increased at tli;it time from
$1 1,500,000. Tile lease was transferred ^nbscqusntly
to the Pennsylvania 0'>ni[)any. The lesseci to keep
the roail in repair, and also pay taxc^. expenses,
etc. Pittsburg, Foit Wayne & C!iicago leases the
Newcastle & Beaver Valley and theL.uvrence roads;
which in turn arc leased again by Pennsylvania Commny. New stock of $4.11)1,000, issued to Penn.
itailroad for improvements, Ac, is under article Iti
of lease; guaranty on old stock nol, adected. Net
»amlDgs, 187.5. $:j,i7S,3i»8. Sinking fund for bonds.
$l,7(i3,8>0.
(V. !a,p.
588.)
72
300
PUtebitrg Washington
merly Pittsburg
A
<*
Baltimore.— Tbis was
Connellsville.
Interest
forin
was
defanlt to city of Baltimore, which owned a Inrge
amount of the bonds, and a transfer was made May,
1875, to Baltimore * Ohio RR. for tl.0J0,O00, (V.
18. p. 558; V. 19, p. IV; V. 20, p. 891, M6; V. 21, p.
161.)
PlytivxM, Kankakee
19, p. 1-JO; V. a), p.
V.
<ft
P.iHJte.—'in foreclosure.
.?», 491;
V.
31, p. 372.)
Lake J/icAi.70»— This forms part of
consolidation, with Pen.
Insnlar of Mii'liigan. Interest whs in default Nov.,
1873, and coupons funded for three y>-'\'9. (V. TS, p.
l^frt ITuron <t
the Chicago & Lake Huron
IBS. 853, S76,
4.-).5,
CCS; V.
i!0,
p. SiT;
V.
23, p,
37."..)
Portland it Ogdenebu'g.— The tBo <1 'jiions were
-iMWolldated March 187.1 as one comiianv, and a
inortga;;e of $8,000,000 on whole line prop<)sed. In
March. 1870, Co. passed the interest on Portlond
»ity b(mds. (V. 21. p. 1.%, S9(), 013; V. '*3, p. l&i; V.
a«,p. 3i;4, 4 8; V. 23, p S6.)
PorOand it Rochester -TUb is the old York A Cum^Mland sold out in 1S65. Net oarniaas year ciidiii''
**o«l»*t 31, 1S75, $33,65i>.
400,000
0,500,000
20,000 p.
1,800,000
800,000
1,124,000
2,300,000
700,000
350,000
450,000
1,500.000
2,500,000
770,000
486,000
2,000,000
500,000
050,000
350,000
1,500,000
7,000,000
1,925,000
4,000,000
508,480
157,800
1,708,500
1,093,000
500,000
500,000
67,778
299,917
m
1,000
100
100 itc.
500 &c.
Og.
6&7
1,700,CK10
1,000
300,000
10,479,053
1,000
New York and London
J.
N. Y.,
g.
lioitoJ.
JI.
7
F.
AA
7g. M.
7g. A.
7g. ,1.
7g. J.
7
g.
Railroad
guarantees
Ml.)
setts.
Providence it Worcester.— 'Set earnings year ending Septt-mber 30, lS7.'j, $210,278; floating debu
Reading it Lehigh.— Th\e was the Berks Connty
road; sold out, and leased to Philadelphia A Readuig, March, ISio, for 99 years. (V. 2,), p. 63, 267.)
Renfsilaer <t *i»'«/>(70.— Leased May 1, 1871, to
Delaware A Hudson Csn;il Compauy, which pays interest on bonds and 8 percent on stock.
In lb72-3
the net surplus to lessee
$S*1,115T;
was
$201,597. (V. 20, p. 244.)
Dancille.—Grofs earnings 1671-5,
net, $323,447. This company leases the
cfc
Nnrth'.arolinsKiiilioad and the Piedmont Railroad,
and forms a through route with the Atlanta & Richmond Air-Line, 'fhe Penn. Railroad owned $000,000
ttock of the Riclimond
Danville, and took $1.1HX>,OftOof the lu'w bonds at Si). (V. 20, p. 8,29i, 56S;
V. U, p. 614; V. 22, p. J 8 9.)
A
Rlchmonl, Frederichiburg
<t
Potomac.
—Gxoii
earnings, $3S2.2!I«; expenses, $180,049; net earnings,
$2 2,a4s. (V. 21, p. 612.)
Richmond
«udiu2 Sept.
A
30,
Y.,
I«ndon
1880
1880
1902
Aug., 1899
Slay 15, 1900
1,
Sept. 1,
A Frank
do
Dec. 1, 1891
Jan. 1, 1892
July 1, 1901
May
do
do
do
do
N. Y., Otflce 12 Wall
J.
do
do
do
do
do
Nov.
1,
0,'i 874
1894
1894
1894
1894
1894
1880
st.
do
do
do
do
do
N.Y.,OIHce 20 Nassau
st
A N Now York or London.
do
do
A O
A D. New York, Co.'s Ofllce.
do
da
D.
A
do
do
A J
Aug.
May
1,
1,
1,
1,
1,
1892
1897
1914
1897
Jimo
Juno
1897
Jan. 1,1891
April
due and not presented, $99,500; bonds paid
$50,.')00.
ofF,
(V. 2i,.p. 15.)
*
St. Louit.—SoM in foreRockford, Rock Island
closn.-e August 16. 187.>. for $1,320,(100. Ro-organlzed
Chic'ig'i.
(V. 21, p.
as the St. Louis Rock Island
87, 110, 160, 18fi. 207, 231, 845. 319, 39rt, 458, 489; V.
22 p. 135, 132, 3.0, 375, 418, 46?, 487, .013, f.36.)
Ogdeneburg —The last report,
Rom£, Watertr.wn
in V. 22, p. 493, shows gross earnin^-s in 1815 or
8I,1S7,824; ctl^nses, $8ti5,5a5; net earnings, $282,239.
The Lake Ontario ^h;irc Road has been consoli-
*
dated with the Rome, Watertown A Ogdensbnr",
(V. 19, p. 189; V.
and is in progress to Niagara.
80, p. 8, m% 3 11 V. 21, p. 443; V. 22, p, 493.)
;
1871, to the Vermont
Default
Jnly, 1871.
made on rental, and le ise a.;ain modified. (V. 19, p.
1-20; V. 20, p. 186; V. 81, p. 18.'J, 190; V. 22, p. 809.)
7?«/fcin(i.— Leased
590.)
Iteadinq dt Columiia.— This road is operated and
controlled by the Phihideiphia & Reading Railroad.
Floating debt, $ ,093,491.
Jlichmond
.
1,1880
Sei)t.
Feb. 2,1875
Boston, Treasurer,
do
do
do
Aug!, 1918
July 15, 1875
&
Georg'a
Porlsmmith. Oreat Falls Jk Conway.— Opaaei in
1872, and is leased by Eastern Railroad, Massachu-
(V. 21, p.
J.
M.
M.
7
7
$500,000 of these bonds; balance in default. Decree
of fale made. (V. 20, p. 291, 453; V. 21, p. 78; V.
22. p.
Farm. L. AT. Co
do
do
do
do
do
do
do
do
July
&
7
7
7
10
1,500,000
8,000,000
Office.
"3'
.6
—The
O.
A J.
A S.
7
J. A D.
7
J. & J.
7
A. A O.
3I2S F. AA.
M. A N.
7
M. A S.
8
M. A N.
8
8 g. F. A A
8g. F. A A.
tti8.)
rt
A
A O.
&A
& N,
AN,
A S.
2,.500,000
l.O(K)
187,5
1875
1881
1880 to '86
Office,
F. "a'a.
0,000,000
1,017,000
1,000
1,000
1,000
1,000
1,000
Richmond,
do
Richmond,
Various'
A.
P&rf.imotilh—l,e&sei Mar.:h IS,
1871, to Eastern Mass. Railroad for !I9 years at 10
per cent per annum; raodided Dec, 1S7.3. to 6 per
cent for two years. (V. SI, p. 87i, 431, 59i; V. S2, p.
P
London.
4,(X)0,000
500 Ac
100
J.
1888
New York or Richmond
M.
500 Ac
100 he,.
500 ,tc,
100 itc,
100
100
O.
7
7
3
1,000
1,000
ItKI ic.
.T.
A
A
8
8
1,000,000
3,000,000
2,479,700
4,108,700
500,000
500,000
1,193,000
1,500,000
5,500,000
2,300,000
2,108,400
1,100,000
1,100,000
1,400,000
1 ,400,000
100
100
100 &e.
do
do
6-70 A.
l,20O,!>00
1,000
1,000
J.
%'
175,000
50,000
9,000,000
3,147,000
799,900
i',6do
1807
1872
1874
1870
1873
1870
Portland, .Saco
$1,370,0.0,
PUlsburg Virginia it Charleston.— Ot these bonds
the PennFylvania Raiinad owns $,'500,000.
1870
1870
1872
1809
1870
1861
1804
1861
1864
1861
1870
Ist mortgage (series B) sinking fund.
2d mortgage, preferred
2d nuutgage, preferred
2d mortgage, Income
Emiipment mortgage
Si. LotiLf, Iron,
1,000
ido
Preferred -stock
St.
N. Y., Wiuslow, L. & Co. July 5, 1876
do
do
July 1, 1876
do
& S.
do
July 1, 1912
F. & A.
do
do
July 1, 1912
7
do
M. & S.
do
July 1, 1912
7
A. & O.
do
do
July 1, 1913
7
do
M.& N.
do
July 1, 1912
7
do
J. & D.
do
July 1, 1912
7
do
J, & J.
do
July 1, 1913
7
do
T. & A.
do
July 1, 1912
7
do
M. & S.
do
July 1, 1912
7
do
A. & O.
do
July 1, 1912
7
do
M. &N.
do
July 1, 1912
7
do
J. A D.
do
July 1, 1912
7
do
A. & O.
do
July 1, 1912
7
J. & J. N. Y., Winslow, L. &Co. Jan. 1, 1887
7
do
M.& S.
do
Mch. 1, 1884
8
PhiLodelphia.
?«• J. &J. Bait., Bait. A Ohio RR.
July, 1898
F. & A. Plttsb., First Nat. Bank Aug. 1, 1882
6
J. & J. London, J.S.Morgan ACo
g.
New York.
July iVl901
7 g. J. & J.
New York.
May 1, 18S»
7g. M. & N.
Jan., 1900
g. J. & J. Boston, First Nat. Bank
do
do
Nov., 1901
6 g. M. & N.
May, 1891
6 g. M. & N. New York and Boston.
J. & J. Boston, Colmnbian B'k. July 1, 1887
6
A. & O.
do
do
Oct. 1, 1887
7
Various
do
Sept. 1, 1891
do
6
Boston, Oftlee.
July 1, 1876
J. & J.
3
M. & N. New York and London. Nov. 1, 1889
Eastern RR. Co. July 15, 1873
V- J. & J. Best.,do
do
Dec. 1, 1892
J. & D.
6
Providence, Office.
July 1, 1876
J. & J.
4
do
do
July 1, 1880
J. & J
M. & S. N. Y., Union Nat. B.ank. Mch. 1, 1882
7
June, 1884
J. & D. Coliunbia, First Nat.B'k
7
4" J. &"j. N. Y., Nat. BTf Com'rce. July "i,"l876
Nov., 1921
M. & N. N. Y., Del. A H.Caual Co.
7
Richmond, Offibe.
1880
J. & J
"o'
do
Jan. 1, 1875
J. & J.
6
1875 to '90
M. AN. N.Y., City Nat. Bank.
6
7
295,!)00
<£•
do
i,eoo
Potomac
<e
Coupon bonds of 18S1
Bichmond <e I'ctersburg— 1st mortgage coupon
New mortgage
—Sttick,
•
1,000
142
10
Piedmont
Jtutlaml
(fee
1,000
1,000
when Due.
Utocks—tMit
Dividend.
l«i
100,000
1,000,000
1,000,000
4,000,000
£300
52
Xenssctiwr it A'a;a(o;ya— Stock
1st mortgage, consolidated (for $2,000,000)
Pichmond <f: Oanritle Stock
State sinking fund loan
Bonds, guara at ct'd by State
Consolidated niort gai^e, coupon or regist^ired
New general nKjrl.. f;old (for $(1,000,000)
,
1,000
1,000
1,000
1,000
100
7foarf«— Principal,
1%
$100 $19,714,285
100
4,333,048
500 &c.
875,000
500 &e.
875,000
500 <fec.
875,000
500 ic.
875,000
500 &e.
875,000
500 &e.
875,000
500 ite.
860,000
500 A-c.
860,000
500 Ac.
800,000
500 &c.
800,000
500 &c.
800,000
500 &c.
800,000
500 Ac.
2,000 jOOO
111% 1809
Mortgage bonds
rf Columbia— Ist mortgage, coupon
2d mortgage, coupon
Pcadlng d- Lehiffh — 1st mortgage
Pockfm-d Rock
1802
1802
1802
1803
1802
1802
1857
1874
INTEREST OR DIVIDENDS.
Amount
When
Outstanding Rate per Payable Where Payable, and by
whom
Cent.
100 &e.
5212 1867-9 500 &c.
5212 1870 500 &c.
5212 1871 500 &c.
Beadiiig
Kich'd, trederlcksburg
Dollar loan
18 03
1868
1859
1870
16712 1871
66 1809
62 1870
1871
116 1871
RE
—Stock
1871
1862
1862
1862
1862
1862
1862
149
10
149
<t Connellsville.
Ist mortgage
let
do
TuiHc Creek division
Consol. mortgage, (guar. B. & O.)
Plymouth, Kanlc. <£ i'oc— 1st ni. ($3,6(X),000)
Port Huroti if L. ilich.—lntmort., traf. guar
Povliand <£• Oydcnsb.—lat niort., E. U., gold
New mortgage (for $3,300,000)
Ist mortgage, Vermont Div., gold
PorlL <t Jiochesler— let mort., s. i. (Portl. loan)
Ist mortgage, equal lien
2d
(Portland loan) sinking fund
do
Portland, Saco <C- 7'or/sHion(/i— Stock
Port Roj/al {S. C)— 1st mortg.age, convertible, gold.
or
Size,
of
468
Ft. Waytie <« Chicago—Stock, guar
Bpecial Improvement stock, guaranteed
Ist mortgage (scries A)
fUttburg,
1st
Ist
Ist
Ist
Ist
[July 21, 1876.
I'eterst^urg. -diosa
earnings year
1373, $131,935; net, $78,231. Boudii
Central.
January,
m
Terms modified
In
81. Joxeph it Denver H/y.-The roa'l was sold
1675. (V. 21, p. 40, 418;
foreclosure Nov. 4 and
412, 505; V. 22 p. 234, 297, 416.)
.">,
,
St. Louis,
At
It it Terre
mute—The
main lln»~
I
St. Louis— Wt.6 leased Jnnc, 1867,
St. Lonls at 30 per
for 90 years, to Indianapolis
cent of gross earnings up to $2,000,000 (but in no
year to be lees than $t.5(',000). In 11-75 poss earn-
Terre Haute to
.
A
m
I*
18.4.
ings were $1,019,837, against $1,3':4.136
1872 the companv paid three years' dividends on
in the same, increasing said flock by
preferred stock
The Belleville Brunch nnd Extension
$418 4;e.
earned net in )S15. $101,601. (V. 20, p. 380, M6.
571; V. 81,p. 61; V. 22, p. 861.)
<t Southern.— Grot*
SI. Louis, Iron Mountain
earnings, !87.>, §-3.8 2,941; n.jt, 81.613,92J. (ConFulton
was nuiJe in 1874 with Cairo
solidation
Texas. In March, 1875, the
and Cairo, Arkansas
is-ned a proposal to fund thiee coupon*
company
on all bonds except the old lirsts, which has
fubstanfallv carried out. (V. 20, p. 214, 6.6; Y. 21.
p 614; Y. 3i, p. 203, 3811.)
A
A
bwn
1
.
.
RAILROAD STOCKS AND BONDS.
July 29, 1876.]
Siibscrlbera will eonfar a cremt
Avor br CiTlas immeauta
DESCBIPTION.
Hllcs
Size, or
l*ar
For explanation ot column lioaclluei), &o., see note* of
Road.
at the head of tlrst page of tables.
J.., Kansas City a JV.—Stock ($12,000,000 prcf.)
Ist mortK'iKC (North MIbsoui'I)
R«al (>stat<^ and railway 'M mort. (for lii3,O00,0OO)
St. Louin, Lattrt'eitce i£ Den rer
lut mort., gold
Si. Louis tl Soiilhmstrrn—lut ni., (?<>ld, couv. s. fund
682
354
351
81.
—
Stock
Fun*cd
if
Charleston—
int.
1st mort.
Sarannuli
new
bonds,
Savannah
J:
C & 8.,
guar, by 8. C
V. KR., guar, by 8. Car...
Memphis— lat
—
1855
50
l>y
"46
Alabama.
Shamokin
Yallcy if: Volts I'ille—HtoeU
1st m»rtgage, gold, on roiwi and lauds
Sheboygan <t Fond du Lae—lat mortgage
1st mortgage extension
Shenanffo d- A lleyhany — Ist mortgage
Shore Line (Conn.)—Stock
l.st mortgage, construction l)onds
Sioux City <£ I'acijte—liit niortgago
3<1 mortgage (government subsidy)
Sioux City d- .SV. i'«H/— 1st mortgage, gold, I'd grimt.
Ist mortgage, currency for $2,100,000
«?OHcrsr/— 1st mortgage, gold
South Carotina — Stock
Ist mortgage, sterling loan
do
dollar bonds, (!.>
2d mortgage (for $;!,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. t£Ko. Alabama — 1st mort., eiulorscd by Alabama
Sterling mortgage, guaranteed by I,. & N
SotitMfrn of Lony Island— 1st mortgage (S. Side)
2d mortgage 8. Side (1st mortg. s. fund)
Mortgage bonds Southern of L. I
Sotithfrn Central (S'. 1'.)— 1st mortgage
2d mort. gold ($100,000 cud. by Lehigh V. RR.)..
Southern, Iowa tf Cedar if«;)i</»— Ist mort., gold
Southern Minnesota — 1st mortgage
2d mortgage
Soulhernl'acific (Cal.)— 1st mortgage, gold
Southern l'ennsylvania—l»t mortgage, gold
Southwestern (Oa.)— Stock, gnarant'd 7 per annum.
Company bonds, convertible into stock at par
—
Denver. Leased to Pacific
of Mo.
decision of much interest to bondholders
jf Jeasetl roads was rendered byjud:;e Dillon in a
suit against tlie lessee for Intere^it, but that suit was
discoutinucd, snd another brouglit lu name of Trustees.
(V. la, p. ;i7!; V. vi, p. 3?2.l
5*. Lo'i'Vi it Houtlieaetern.— In default .ind lu hands
of receiver. Sec report at length in V. 2.*, p. 180.
(V. SI, p. 1.37, 41S. 41J: V. •«. p 88, 181. .'91.
St. Loup!. Vimdaiia ifc Terre Haute.— Tfio com.
stock is $i.378,4.">i, pref. $1.1.01,7.0. This road is
leased to Terre Haute it Indianapolis at 35 per cent
of gross earnings. In lj7;i gross earnlu;^s, $1,006,2.0.
Bonds guaranteea by Terre Haute & Indianapolis,
by Colimibas, ChioagjA Indiana Central, and Pitts-
bnig, Cincinnati A St. Louis. (V 82, p. .S20.)
Si Paul l^ Paciflc. The bonds ore uearly all held
abroad, and an agreement for re-orsanizat ion was
mode by Dnteh bondholders Nov., 1875. (V. 21, p.
188, ii\ 442; V. a2, p. 88, !)», 209, 231.)
St Paul it S oux City. —This coini>any has 7.5(1.992
acres of land unsold. In ls7.5 tiiis rite of dividend
on stocks was rednced, and $1.!.2»1.0» inort. bonds
were made, and are mostly deposited ns sccnrlty
for the stuck. (V. 20, p. 544, 510; V. 22, p. 47'>.)
Sacra'tiento Ka^«y.— Bonds fell due July 1, 1875,
andSp.c. notes offered in payment. (V.21,p. 15,159.)
SandHJ^ky, M'-ins^eid 16 X^wark.—Thiti road is one
5f the Baltimore A Ohio syt-tem
it is leased to tlie
Central Ohm, and the lease guaranteed by Baltimore
AOliio. (V. 111. p. 584.)
Savannah <t CAaWet/o;?.— 'nterest in default. Road
In hands of SUte Comptroller. (V. 20, p, 453, 4!)1;
V. 21, p. 16; V. 22, p. 815,)
Samnnah A Memphis. The road was in progress,
but became embarrassed after the crisis of 1S73, and
poised interest. A funding proposition was offered.
(V 19, p. 388.)
—
;
—
1865
1868
.500 &e.
1871
1871
1871
242
242
242
1,000
1,000
"ido
Various
1868
1868
1872
1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
186S
1870
183
183
57
57
6!)
116
llti
87
170
170
386
24
257
500
'500
100
1,000
J.
7
M.ii
6
100 &c.
1.000
.500 Ac.
8
7
8
8
7
8
7
3
8
7
4
7
6
6
I'-
7
50
m ies.
I'-
J.
7
7
A.
A
Read-
ift
May, 1818. (V, 19,
Selma, Rome A Dalton.
—
A
A
ShenuiKfO
it
Aieifkany.
&
— This
is
one of the leased
lines of the Atlanllc
Oreat Western, on which
The net earn"rental trust bonds" were Usued.
ings 1873 were $88,>^51.
New Uaven
Shore /,in«. Leased to New York
at 8100,1)00 per year. Old stock was exchanged for
A
—
new
in July, 18f3.
Sioux City it PaciAc.
—TMs
one of the United
States Goveninu'ut subsidised roads. For year ending June HO, 1874, gross earnings were 319',Ki9, and
net earnings $58,115. Pays 7 p. con pref. stock,
Is
I, semi annuslly, A. A O.
(V. «. p. IHS-I
Sioux City it St. Pum/.— There are also $502,000 ad
mort. bonds, $148,000 equipment and $2S8,80J Income bonds. Net earnings in \^75 were $75,746.
Lands unsold, 545,215 acres. (V. 20, p. 544 V. 22,
111)9,80
;
p,
668.)
Somerset.— This road is leased to Maine Central.
Sou'h Coro/i/ia.— GrO'S eaniings in 1875, $1,2^9,302; operating expenses, $780,7i7; net earnings,
$448,571 (a decrease of $88,881 from 1874.) Annual
report in V. 2», p. 398.
So'ith it Xorth .Vobama.—ThU road is leaded and
by the Louisville A Nashville, which goarantees the bonds. Preferred stock, $1,500,000. tV.
ojierated
18, p, 832,1
Smthern of Long Afaai.—This
Is
O
do
do
Apr. 1, 1887
Feb.. 1876
do
July, 1901
I> N. Y. City Nat. Bank.
June, 1884
O
do
do
Oct., 1890
o N.Y., N.Bk.ofCom'roe. Apr. 1, 1889
J N. H., Nat. N. II. Bank.
July. 1876
8.
do
do
Sept. 1, 1880
3
N. Y., N. Park Bank.
Jan. 1, 1898
3 U. 8. Treas., at maturity Jan. 1, I89S
A
Philadelpbin.Treasiirer.
3
do
N
N
N.Y., MetroiMl. N. B'k.
du
do
Nov.. 1901
June, 1891
A A
A
N. Y.,
VermUye A
do
Co.
do
M. Myers A
do
May, 1871
SM2 to '88
1882 to 'SM
Oct. 1. 1902
1
April, 1891
4 189*^
1880
Jan.
Mar.
May
Nov.
Aug.
Mar.
Mav
1890
1,
1,
1,
1,
1,
1,
1,
1887
190O
1879
1899
1882
1900
O. N. Y., P.
J
J N.
A
A
du
Y'.,C. P.
Co.
nuutington,
April
J S. Y.,Farmei-8'L. A T.CO. Jan -24. 187ii
du
do
July. 1879
1893
O.
A
South Side, and operated with Flashing N. SlKwe
Central under one manai:ement.
There are also
$tit>,000 8 p. c, mortg. bonds on Rocluiway Branch,
and
$84, -100 7 p,
c.
on Southern
llenip..>leAd
Branch.
C«/i/rj/.- -Forms an extension into Naw
State for Lehigh Valley, which company endor es $400,000 of second mortgage tmnds.
South forra if Cedae Rapids, —in proj^ress. Otlarawa to Cedar Rnpids, la.
Southern Minnesota. Sold and re-<>rginlZ'-d. Land
grant is ahout l,790,0CO acres. (V. 30, p.eS,S01,»TI;
V. 21, n, 78; V.2S, p. 62.)
Southern Pacific (C'rt'.l-^This road is In progress;
built bv a Construction Co.. and cuntrolml by
Central' Paclllc parties. The stock is tn,*\».fOt.
In 1874-5. on I0I miles operated, the gross esmiiu^
wen^ $1,230,951 gold, .inn net earnings. t7a0,4<>] gab.
(V. 21. p. ISO, 231. 61 I ; V. 22, p. 281, S75,)
Southern Pennsytrania. —Thit* is a mining and railroad company, re-organized in 1872 aftiT forei losiua
under second mortgage. The road is leased by tke
Cnmberlttnd Valley.
Southtc's'ern Utorgia. Leased to Central Georgia.
Dlvidiiids 8 per cent a year to every 10 per cent on
Central Georgia stock, but 7 per year is sntaranteed.
Sprinq/lsld. Athol it X'orlheatttm.- -Net eaminxs,
1874-.5, J37,408.
(V. 21, p. 590.)
Ster.ing fountain.- 1 st of road and eqnipaieDl,
Iletearnin;e 8T2-.3. $15,873
$5ai.48.<l.
Cbp/W'i.v> i^.— Defanltcd Jnly. 1874.
Stockton
and old bonds of $1,000,000 exchanged for present.
(V. 21, p. 159. 180, 318.)
Xen rori,—Operated by
Syracuse, Kinghand >»'
Del. L.
W. Dividend iu 1815. 4 per cent.
Syracitse Xorthern. Sold in foreclosure July, IFTJ,
nndera.'kl mortgage and bought for R. W. Aoj. (¥.
Southern
York
Interest in default.
JftfwtpAw. -Defaulted 1872. Rep, :Wi; V. 2i, p. 4S7,)
This w.ts formerly the
Alabama
Tennessee River. Interest in default
and roa'i to be sold. (V. 19, p. 40.)
Shamokin Valley it Potts-nlte.-Jjcafietl February,
188.3, to Northern Central ut 7 per cent on bonds and
8 per cent on stock,
.Sheboy<ian db Fo/ui du Lae.—Th\» is one of the
Wisconsin roads in progress in 1873 which went to
default.
funding plan has been o(tcrt>d.
Selma, J/a/'ioa
ItUM
1W2
.
A
A
M. A
J. A
g.
6
—Net
ceiver.
1. lH9>t
18t»2
1878 to •7^
J.
J.
—
Pollard, too
May
1^78 to '88
1890
I, 1905
8.
7g.
Mar. 1, 190O
D. Savannnli, Cent. RR. Ga June 30, 187(i
31a
Various
Macon.
7
1886
Various
7
1872 to •76
J. A J, Boston, Eliot Nat. Bunk July l,'831o'93
7
New York.
J. A J.
7
1885
5
J. A J. N. Y., Central Paeifle.
Jan., 1005
4
Dee.
N.Y.,b.L.AW.KR.Co. June 15, 1H7<J
A. A O.
do
do
7
Oct. 1, 187U
.1.
Cr)
A D.
do
7
June, 1887
7g. J. A J N.Y.,r snners'UA T.Co. July I. 1901
3
F. A A Philadelphia A Boston. Feb. 16, 187i>
A.
8
7
earnings year ending
M.rch 1, 187.% *iai.l52. Report V. 21, p 276.
Seimi it Qutj. 'The proposed line was Selma to
Roanoke.
1891
N. Y., E. Kelly A Co.
Jidy 'l','l87S
1st N. Bk.. Sandusky, O.
0«!t. 1, 1875
J N. Y., Union Trust Co.
July, 1902
S, Charleston, Ist Nat. Bk. Mareli 1
1 M77
8.
New York.
Sept. 1, I81K»
J.
do
Jan. 1. 1889
N N.Y., I,ancnstcr,B.A Co. May I, I890
J
Philadelphia, Ofllve.
July, 187<i
N
Mo)- 1. 187ti
J N. Y'.,Tmp. ATrad. Bk.
1880
O N.Y.,Roddey, BellACo. Jau.l, 1890
S N. Y'., H. Clews A Co. Sept. 1, 1889
3
New York OlHee.
Jan. 1, 1872
3
do
do
Jan. 1, 1884
7g. M. A 8
7g. M. A N.
270,000
500,000
4,125,000
1,200,000
1,988,150
800,000
800,000
Schuylki't Valley.— LenieA to Philadelphia
ing, with 10 per cent dividends.
Nov.','
Aug., 1902
July 1, iHirr
Jan. 1. 18f>7
J.
<Sc
F.
Jttl7>. 18IM
Sept. 1, 1904
3.
Q.-F. Charleston, 8. W.RR.B'k
J. & 3
lx>ndon.
s«- 3. & 3
New York.
A. ii O
du
7
7
A. & O.
Charleston.
do
6
3. & 3.
8 g. 3. & 3 N. Y-., Drexd, M. A Co.
««• M. <t N London, Bnrinif Bros.
M. A 8. N. Y., Oalltttln Nat. B'k
do
7
M. A N.
du
7
M. A N.
do
do
1,400,000
'
Seaboard
gliiekt-Ijiat
l/lvJdcnd.
do
1
2,000,4<K)
1,000
do
do
N.Y., Third Nat. Bank.
do
do
N. Y., ManluitUn Co.
N. Y., Drexel. M. A Co.
do
do
London.
7
14,346,000
625,000
3,892,300
399,000
300,000
416,000
350,000
500,000
"
1869
1873
g.
2«a
1,2.52.000
100
S.
J
D.
N.
N.
A.
4
600,000
1,000
1,000
1,000
N.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
A
&
&
&
&
7
7
,500,000
3,340,000
50
&
7
1
20
m
2
1,.
500,000
l',()()0
J.
J.
&
&
&
8
10
5(H),000
l.CMX)
do
I'-
750,000
1,500,000
100 &c.
NatBkefComiroa
do
N.V., Nat Bk of Com'rce
N. N. Y., (1. Updykt^ dt Co
A.
du
do
M.&
F. 61
J. 4
7
J. &
M. A
7
M. A
8
7
J. &
J. &
7
7g. H. A
7g. M. &
1,200,000
3,000,000
5,443.000
15,000,000
2,116,319
2,400,000
400,000
1,050,356
2,301,000
505,000
111,800
500,000
10,000 p. in.
576,050
1,278,400
210,000
10,000 p. m.
16,000 p. m.
838,500
241.000
3,000,000
869,450
1,994,000
750,000
694,000
795,000
1,000.000
200,000
1,029,000
1,628,020
500,000
1,240,000
450,000
5,819,275
1,483,777
959,500
917,000
1,096,500
04,000
391,000
500 &c.
500 Ac.
"i'oo
Tit
b)r
Whom.
J. N.Y.,
8.
Og.
7g.
?«•
1,020,000
3,250,000
21,000 p.m.
1,000,000
1,899,000
2,600,000
120,000
5,.155,000
1,000
500 &c.
A
7
1,(M»0,000
50<) &c.
48 i. 1871
7 1865
30 1875
81
1875
HI
1356
81
1867
45 1871
—
2'.
1,000
500 Ao.
100
100 &c.
500 &c.
Ist mortgage
wd mortgage
Syracuse Xorthern. — 1st mortgage
Summit Branch (/*«.)— Stock
Sunbury if Letcislon—lut mortgage, gold
Terre Haute d- Indianapolis Stock
1st mortgage
Bonds ot 1873 (for $1,000,000)
St. Louis, Kansm City it XorUiern .—lla\t the s'ock
prt'f., 10 per cent yearly, but not cumulative
(Jrufs earnings in 187.5, tS,»«,8.1,i; net. ")l7,a79.
Floating debt. $!, 86,l"i, to be retired with second
mortgage l)onds. (V. «, p. 476, 511; V. SI, p. 160:
500 &c.
1871
1864
1871
1869
122
124
Muneogc.e RR, liouds, convertible at 87'a
Springfield, Athol d X. B.— 1st mortgage
Sterling Mountain (.V. 1'.)— Ist mortg.ige
Stockton if- Copaeropolis— 1st, mort. (guar, by C. P.)
Syracuse, Binyhumlon <£ .V. r.—Stock
is
1,000
1,000
.OO
45
40
32
50
50
105
. .
A
1,000
1870
1869
"28
28
2d mort., Alabama & Tennessee KR
(jcneral mortgage for $.'>,000,000
p. 642.)
St. Loui-t, Lawrence <k
500
100 &c
500
50
100
50
100
100
V.
1,000
23
80
Selma, Marion d- Memphis 1st mort., end. by Ala..
Selma, Home €^ Daltnn 1st mortg.ige
—
1,600
1860
1853
1868
1869
1870
40
—
<t-
100
idi
mort., end. by State
.sv/iui//*;/; Vn//c.v— Stock
Seaboard tC Jioanoke Stock
1st mortgage
Selma (iidf—XfX mort., guaranteed
1,000
1,000
1,000
1862
1861
1868
1871
101
Whan Wbere Pmjmble, and
Pnyablo
6,000,000
700,000
40
110
116
&
& Charleston EK
S.
1,000
500 Ac.
121
121
Sacramrnto Valleu, (Cat.)— Ist mortgage
Sanrluskj/, Munsjletil <£• jVeirnrfc— Keorgaulzcd stock
Cent.
$100 $24,000,000
1872
1867
1807
1868
80
250
207
370
let mort.. West or main line, land grant
2<lmort., West or main line, land grant
let mort, St. Paul & Pai-itle land grant
St. I'aul cC Sioux City— Tret, stock, vurloua issues..
Amount
any arror «tocaTera« In tkaaa niMa«.
Jlowd * friaelINTEREST OR DIVIDENDB.
pal. When Dua
Outstanding Rate per
1,000
1,000
«9-7i
08
158
158
10
80
—
let mort.,
•
18C5
1874
210
420
OouBoll'Iiitwl ni(irtjca)!e, t?ol(l, HUikhi); finiil
Evancvilli', Ilpudovsou & Nashville, Ist mort
St. Louis, Vandulia li Tci'rr. Haute
Ist m. h. f. guar.
2d mort., sink, fiiiid ($1,000,000 guar.)
St. Paul dracijlc—lit"iucli, Ist mort., on 10 miles..
1st uiortgaKc, St. I'aiil to Sauk Kaplds, 80 miles.
2d mort. on 80 m. and 1st on 1. gr. of :I07,200 (icrg.
Saraminli
Value.
notlee or
ZXTU
succssorof
—
—
A
»
A
—
21, p. 160, 319,)
SimunU BrtuiM.—1 his is a coal road, and lease*
Lykens Valley. Nei earnings hi IW5, $498,841.
Sunbury A />ij*itoi».— Sold March, 1878. (V. tS;
p, .v.. 111. 13 1. 2.-i7. w;. 418 1
Tern Haute A /ndiaaa«w<i4.— Annual report !n V.
Net earnings bi 1874, $») OJO agidnH
ao, p. 498.
,18* in 137S.
.
.
.
BAILROAD STOCKS AND BONDS.
Evm
Subterlbera
ivlll
eonfkr a great
nvor
bjr
KlTlas Immediate notlee at any error diecOTered In theee Tables.
INTEREST OR DIVIDENDS.
DESCRIPTION.
tile
'
of
Texas it Paeifie— 1st mortgage, gold
ad mortgage, consolidated, gold
ToUdo, Peona <e irar»aw--8tock
324
let preferred
2d preferred
Ist mortgage W. Div.)
1st mortgage (E. Div.)
2d mortgage (W. Div.) convertible
Consolidated mortgage (for .$6,200,000)
Ist mortgage (linrlmgton Div.)
Toledo, Tiffiii iC i'a»/.— 1st mortgage
Toledo, IVabash rf- Weslern Stock
Preferred stoclt (7 per cent yearly, cumulative)..
Ist mortgage (Toledo & IIUnoi»)
Ist mortgage (Lake Kric, Wabasli & St. liOuis)
Ist mortgage (Great Western of 1850)
Ist mortgage (Ouincy & Toledo)
Ist mortgage (Illinois & Soutlieru Iowa)
2d mortgage (Toledo & WuliaKli)
(
1872
$1,000
247
247
247
100
100
11612 1866
110«4 1864
ll«i2 1866
.000
1,000
1,000
1
227
10
24
G28
1870
1871
1872
1,000
1,000
"75
1853
1853
1865
1865
1862
1858
1858
1859
1863
1867
1873
1869
1868
1870
1871
1871
1,000
1,000
1,000
1,000
1,000
167
177
29
27
75
167
180
242
525
628
109
43
43
82
37
35
35
2d mortgage Wabash & Western)
2d mortgage (Great Western of 1859)
Equipment bonds (T. & W.)
(
Oonsol. niort., (on all except 8t. L. Div.) eonvert'c
2d consolidated mortgage, gold
1st mortgage, (Decatur it East St. Louis)
& Naples— 1st mortg age
clo
2d
do
& Miss. — Ist mort
Lafayette, Muneie & Bloomington, 1st mortgage.
Hannibal
do
Ijifayette, Bloomington,
Troy
"ioo
100
cfi 7?o«^07i~Stoeb.
Ist mortgage, consolidated
,
250 &c
100 &c,
1,000
100 &e
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100
1874
Cob vertible bonds
Trou Union— \st mortgage, guaranteed, Troy
1,000
500 &c
"2ie
City.
Tiickerton^l fit mortgage
29 1871 500 &c
Vnion Paci/ic Stock
1,038
100
Ist mortgage, gold, on road aud equipment
1,038 1866-9
1,000
2d
do
(govennnent subsidy)
1,000
3d
do
<in road (2il on land), sinking fund. l,6i38
1874
Land gi'ant t>onrts on l'2,00(j,000 acres
1867-9 1.600
Oni.aha bridge l)ouds, sterling, «.500,000
1871
£200
Union Paclfle, Central Branch Ist mort., gold
100 1866
1,000
2d mortgage (government subsidy)
100 '66-7-8 1,000
United N. J. Rli. tf; Canal Companies Stock
100
General mortgage, coupon
1871
1,000
United Co.'s mortgage, sinking fimd, registered.
1871
do
sterling loan mortgage, sinking fund
1871
—
—
—
do
do
do
do
Joint Co.'s mortgage,
do
do
do
sterl'g, s. fd.
plain l>onds
do
eonsol. mort. (sink'gfund after 1880)
RR. &T. Co., 2d loan (now Isl), plain
do
do 3d loan (lue State of N. J
77(aft Central— \»t mortgage, gold
N.
J.
301-2
—
Black Rieer
Stock
Vtica
1 st moitgagc l)onds of July 18G8
Mortg.age bonds, 2d issue
Utiea, Ithaca (£ Elmira 1st iuortgage,*stcrliug
tfi
75
75
,
—
Taltey
67
i'a. )
(
Vermont
Bonds, guaranteed by Vennout Central
Missisfiuoi KailrtKul bonds
Vermont 6'f)i(raZ— 1st mortgage, consolidated
2d mortgage, consolidated
1871
1871
1866
18(>6
186<i-0
Equipment loans
Stansteau,
S.
&
Cliambly bonds
Income and extension bonds (to pay lloat'g debt).
Ticksburg it Meridian— 1st scries (red endorsed)
2d scries (l)lue endorsed)
3d do (l)l.ackcndorstj<l)
..
4th do (not endorsed)
..
140
140
140
140
_.
'.
Special loan, f luidiug nuu'tgage
Vermont d llassachnsetts—Sitofk
Ist mortgage (sinking fund if7,000 per year)
Texas
given in
<fe
77
80
do
Pacytv.—A history of the coini)any
is
annual report in CnuoNicLi;, V. 31, p.
220. Land grant bonds hart been is uod. but new
arrangements were madewitli theconstrnctton company. Gross earning:?, 187.5 (I, $l,.5'8,4!tl; operating
expenses, t,H.54,'J18;' net Hirniugs, $iiH3..5-S. (V. 19,
p. 397: V. 20, p. 63; V. 21, p. 4'i9, 324; V. 21, p.
liic
636, 607.)
&
Toledo, Peorli
December,
IFaraiio.—Interest in dcfanlt
Passed into
IHT3.
Febniary, 1874.
hands
Foreclosure suits connncnccrt 1875.
(V. ai, p. 160, 372, 505,
Toledo Tiffin
receiver's
<fe
59..',
614; V. S3, p.
15il,
297.)
East.— So\i in foreclosure July
(V. -H, p. 63.)
1676.
*
TF<'«<ern.— Operations for four
Toled ; Wabash
years compared as follows
Gross
Operating
Net
earnings.
expensei
eaminors.
$i5,7:«,S07
$4,4''7,378
18?S
$),:i31,42i)
;
IfB-J
6,0:i6,978
4,36.5,144
1,613,834
1P71
ISTO
5,738,666
4,544,611
3,776,823
3,*J6,263
1.n5li,&'lS
1,308,3:0
default was made on interest and a fun^lyig
proposition offerc<l, but not accepted.
Mr. ,J. D.
Cox, the Prcsi<Ient, was appointed receiver Feb. -2,
1875. Sold under consolid'Ucd mortgage June 10.
1676. (V. 21, p. 16, 64. 186, 26'l, 321, 8JB, 49(1,604,
613: V. 21, p. a-i, 18J, 200, 431, 30j, 244, 3;5, 4 !5, 545,
t91; V. 23, p. 16, «3.)
yiw <fi Bistort. Witli leased roads forms a line
from Tioy, N. Y., to Nortli Adams, Mass. In 1873 74
Peh.
1, '75,
—
peratingexncnses,
$3S3.S79. Tliere arc a few of old 1st and 2d mortgage bonds yet onts anding.
TVoy Union.— A short rjad in Troy city. Bonds
issued by city and guaranteed by sevi-ral roads.
2VcJfc*r((»i.— From New jersey Sonthcm Railroad
to Tackcrlon, N. J. N^-t earnings 19:3, $7.7.59.
grog's
earnings were
t53(',3l'>;
1867
1872
1866
1806
18(i6
1860
1871
"so
Convertible bonds
do
100
1868
1871
1872
1873
'
Uni9n Paeiffir.— Gross earnings in 1874 weie $iO,559,830; net earnings, $.5,907,565; gross earnings in
}875wcrc$l),'.()3,832, and net earnings $7,011,784.
1865
1869
1872
8
&c,.
&e.
&c,
Ac.
.tc.
1,000
500 &c.
1,000
1,000
100 <fce.
100 &e.
100
100 &c.
500
6
6
g.
6
6
6
6
6
—
'i ill.
21, p.
Jerse'j
*.'amden
012;
A Amboy
<6
7
7
7g.
4'
8
7
7
M.
8
7
J.
8
M.
7
7
7
J.
J.
J.
7
A.
8
214
J.
6
7
7
In
J.
J.
J.
187!;-3
d»
Salt
Mch.
Oct.
Mch.
Mch.
Feb.
Philadelpliia Office.
Princeton. N. J.
Philadelpliia Office.
N. Y., B'k of Commerce.
.fe
1896, '97, '98
July 10, 1876
1,
1,
1,
1,
1,
1901
1894
1894
1894
1888
1880
1, 1878
1, 1889
Nov. 1, 1889
Aug. 1, 1878
Feb.
Jan,
do
Overdue.
City.
Jan. 1, 1890
June, 1870
Lake
Utiea.
July, 187a
Utiea and New York.
July, 1891
do
do
London, ILS. King & Co. Jan. 1, 1902
Baltimore.
M.
operating expenses, $7,098,449; net, $2,93:3,0.39, leaving a loss to lessees of $3l,lt}l after paying interest and dividenis. The loans due in February, and
April 1875, were paid off and bonds of 1871 increased
by $2,300,000, issued in London.
A.
& A
& I)
& N.
& A.
O
& J
& D.
& J.
& J.
& J.
&
&
J.
and branches.
ife
J. '& "d. Boston, E. Blake
,f.
J. Bflston.Nut.Kk.of
J. Boston, (ilobe Nat.
J.
7
Delaware Is. Raritan Canal, and New Jersey Railroad
form the United Companies of New Jersey. They
were leased to Pennsylvania liatlroad. Oct. *20, 1871,
at 10 per cent on stock and assumption of all liabilities. In 1871 the gro?s earnings were $10,(21,(88;
Utah Central.— Salt Lake to Ogden.
net earnings were $'206,358,
P.
A.
Canal Companies.
Itaiiroad
M.
.^"
V. 22, p. Ill, 545.)
Uailroad
Ixmdon.
J.
J.
J.
J.
J.
Union Paclfle Central B.-aacA.— This was formerly
the Atchison & Pike's Peak road. Interest in default 'ince November, 1873. Gross earnings 1874-7-i,
(V. 17, p. 588, 834; V.
$11.3,519; expenses, S1-:;J.183.
V.
Philadelphia.
after demand.
F.
F.
J.
7
550,000
200,000
150,000
&
A.
P.
g.
i
yew
do
& O.
do
1887
& O. London, L. & S. Fr. Bk
April, 1895
& N N,Y., Company's Office May 1, 1895
Due 90 days
6
7
:
United
do
U.S. Treas., at niatnrity.
m
20, p. 8, 314;
Phila., Safe
New York and
J.
Q.-J. Phila. aud N. Y. Offices
Philadelphia, Office.
M. & S
A. & O.
do
do
6
London.
6 g. M. & S.
do
6g. M. & S,
'I'bc percentage of
openuing expenses to gross
18:5 and 44*<^ per
earnings was 41*51 per cent
cent in 1874. Land sale-: in 187.5, 111,ii9 acres at
Total sales to Jan. 1.
$3 66 per acre, or $401,462.
Land notes and
1876, ),082,-<!)3 acres for *5,3.36,0I4.
contracts on hand, January 1, 1.S76, $3,012..50I.
The suit to recover for Government transportation
was itet-ided by the United S:ate8 Supreme Court
in favor of this company. Nov. 2:', 1375. including he important ruling that interest on the Government loan is not ayable till the principal is
1896-99.
Abstract of last report V. '22,
due
p. 2o7, and government report to June 30, 1376,
The annual report gives no
V. 21, p. 467.
general balance sheet nor income account.
Divideiuis at ti per cent per year were begun in Jtily,
and increased to 8 i>er cent October. 1^75. The
United States Attorney-General has a suit pending
for $1,040,056 against *.he company as 5 per cent
of its net earnings. (V. 2D, p. 314, 'im, 405, 4.53. 49-2,
522. 547, .53o. 591; V. 21, p. 64, 105. 245. 802. .372, 467,
63:i; V. 22, p. Ill, 182, 2J4, 85 T, 400, 415, 472, W).)
m
M.
&
21i2
6 g.
217,.t00
2,8(«0,000
1,000
J.
8g. A.
3,000,000
3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1 ,508,600
717,500
850,000
145,000
1,162,700
&c.
A.
A.'& O.
Q.-J.
^-
907,000
500
500
100
100
500
100
1870
7
1,.500,000
1,000
New York & Phlladclp'o
Deposit Co April 1, 1910
Boston. July 1, 1876
do
1896 to 1899
U.S. Treas., at maturity.
M.'*S, New York and Boston Mch. 1, 1894
o
100,000
1,000,000
1,770,720
200,000
1,000
D.
F.
6
7
4.50,000
1,000
"73
Canatfft—HtoL''k
tC
1862
1868
1868
1870
&
Jan.,
2,000,000
1,846,000
1,800,000
154,000
500,000
670,340
1,700,000
806.000
5,000:000
1834-7
(*138,500).
J.
When Due.
Stocks— lM8t
Dividend.
pal.
& A. New York, Co.'s oflicc. Feb. 1, 1896
J. & D.
do
7
do
Doc. 1, 1894
A. & O.
do
7
do
April 1, 1886
M. & N.
do
do
7
May 2, 1910
do
7
J. & D.
do
June 1, 1901
A. & O.
7
April 1, 1902
M.&N. N. Y., Oflicc of Co.
Nov. 1, 1873
F. & A.
7
do
do
Aug. 1, 1890
F. & A.
7
do
do
Aug. 1, 1890
M. & N.
7
do
do
May, 1893
7
M. <t N. N.Y., Metropolitan B'k, Nov. 1, 1890
7
F. & A.
do
do
Aug. 1, 1882
M. & N.
do
7
do
Nov. 1, 1878
7
M. & N,
do
do
Nov. 1, 1878
7
M. & N.
do
do
May 1, 1893
M. & N
do
7
do
May, 1883
N. Y., Office of Co.
Q.-F.
7
Feb., 1907
Winslow, L. & Co.
Feb., 1893
7 g. F. & A
P. & A.
N. Y., Offlco of Co.
7
Aug., 188»
M. & N
do
do
Nov.l, 1888
7
J. & J.
do
do
July, 1890
7
do
7 g. F. & A.
do
Aug., 1901
do
Aug., 1901
do
7g. P. & A.
F. & A. Troy, Company's Office.
4
Feb. 1, 1876
7
J. & J N. Y., Nat. B'k of Com.
1894
M. & S.
do
7
do
1882
7
19,8!)0,100
5,3(M),000
1871
1871
1871
dollar lo.an, mortgage
bond to State of New Jersey
6g.
6g.
$2,000,000
17,000 p.m.
3,000,000
1,700,000
1,000,000
1,800,000
1,600,000
1,300,000
1,500,000
250,000
861,000
15,000,000
1,000,000
900,000
2,500,000
2,496,000
500,000
300,000
1,000,000
1,500,000
2,500,000
600,000
2,700,000
5,000,000
2,700,000
675,000
225,000
1,300,000
666,000
1,609,000
1,384,000
650,000
680,000
408,000
36,745,000
27,236,112
27,236,512
14,256,000
7,560,000
2,400,000
1,600,000
1,600,000
i'oo
,
do
do
do
Botutt-Prlnei
Miles Date Size, or
.„,„„„•
Amount
p
column headings, &o., see notes of
of
Rate per When Where Payable, and by
bead of llrst page of tables.
Rood. Bonds. Value. Outstanding
Payable
Cent.
Whom.
For explanation
at
uly 29, 187d.
[
A.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
& Co. June
Kedm Jnly
Bk.
N. Boston,Nat.Bk of Eedm
do
do
D.
do
do
N.
do
do
J.
N.
do
do
J. Pliila , Girard Nat. B'k.
dodo
J.
J. Phila., Girard Nat. B'k.
do
do
O.
J.
do
do
Boston,
O.
do
do
do
J.
J.
J.
Office,
do
do.
'
do
1872
1891
1891
Nov.
1886
1891
1876 to 1889
Jan. 1, 1887
1902
Jan.
1,
1.
1,
1,
1890
1890
1890
1890
1880
Apr. 7, 1876
July 1, 188»
July 1, 1879
July 1, 1885
Jan.
Jan.
Jan.
Jan.
1,
1,
1,
1,
$-5 3,3!t7;
Black Bluer. -Ornss receipts 1874-6
expenses, $251,660; dividends disbursed,
$106,149.
(V. 22, p.
Ulica
<£
Utiea. Ithaca <6
Novemljer,
from
1878.
207.)
Elmira.— The road was completed
The silking fund is $:3O,00O yearly
1873.
(V. 21, p. 16;
—
V.
Valley {Va.). This road
Ohio
perii)tion of Bait.
&
V3, p. 16.)
was
built chiefly
by sub
RR., Baltimore city, and
Operation of the road by Baltimore Jfc Ohio was discontinued, and temporary lease
made to Shen.andoah Valley Hailroad. (V. 20, p. 16,
453; V. 21, p. 396; V. 2), p. 463, 659, 591, 607.)
Virginia counties.
Vermont dk Canada.— Viiier lease to Vermont
fkinlral, and proposed to be sold to same for $3,000.000 in 6 p. c. bonds; but still in litigation (V. 19, p.
40, .501, V. 20, p. 16, 141, 419, 445, 468, 492; V. 21, p.
442.)
Vennent Centra'.— In 1872 the Company went to
default on interest, and has since been in numerous
complications. A new corporatioit under the name
of Central Vermont has been formed, with $2.0(K1,O0O
paid-up capita!, and assumed obligations of the old
Foreclosure in progress on
Vermont Central.
186, 314, 358,
(V. 20, p.
10, 141.
2d raortgase.
492, 517 5 '4. 616; V. 21, p. 38, 215, 418, 490; V. 22, p.
110, 639; V. S.3, p. 40.)
Vlckibiiri) c6 .1/ej'irfian.— Net earnings year ending March'l, 1876, were $194,099. Coupons are paid
2 per cent cash, balance scr:p. Congous of July,
(V. 20, p. 601;
1874, and April, 18:5, were passed.
V. 2i,p. 207; V. 23, p. B2.)
Vermont <fc Ufassachusetts.-IMa ro.ad is leased to
the Fitclilinrg KR. Co. for 999 years, commencing
Jan. 1, 1874; they paj'ing interest on the debt and 4
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the remaiudcr of the lease, exclusive of all taxes.
'
1
r
r
.
.
RAILROAD AND CANAL STOCKS AND BONDS.
July 29, 1876.]
Sabsorlbjrs will confer a sreat favor
DESCRIPTIOK.
kIvIuz immedlata notlaa, ofanr arror 4lBeoT«red la
bjr
of column licadlBKH, &o., nco uotea
at tUo licad of llrxt iiago oi: t;.blvH.
For explanation
3S
18
2<l moi-tKiiKo
Washington
(JUi),
Va. MUl,
<e Gl.
Southern
& A. RK
l8t and 3d moitgaKu, O. & \. KK
4tUmortKasc, O. & A. KU
Funded IriUjicst, O. & A. KR
1st mortsagu, O., A. AM. KR
18
18
—Stock
310
mortRiigu, o.
lid
gi)lil, Wiinli.
West Jersey—atovM
Loan of 1883, guaranteed by
Ist
1st
&
Camden
it
336
'27
Amboy..
iuo
mortgage loan
do
consolidated
38
63
172
32
—
West Wisconsin Ist mort., gold, s. fd., 1. gr., conv..
1st mortgage, gold extension, couiwn or i-egist'd .
Cousol. IwndM, gold
Western <£ Atlantic (Oa)— Income Bonds
Western (J^t.)— 1st mortgage (Mont. <t W. r.)
Western RR. bonds, before con.soUdation
2d mort., guar, by Cent, of ( ja. and Oa. KR. & B. Co.
Western Marytfind—litt mort., endorsed Bait. City
1st mortgage, unendorsed
2d
do
endoi-sed by Baltimore
do
2d
endorsed l)y Washington County ..
2d preferred mort gage,, iineiulors^Ml
3d mortgage, guaranteed l)y Baltimore
4tli
do
for Baltimore City stock
Western North Carolina— 1st mortgage (K. Dlv.)
204
138
lie
44
160
90
90
90
90
90
90
90
115
57
28
.
. .
Tre«ter» Pennsylcan irt— 1st mortgage
Ist mortgage, Pittsburg Brsmoli
General mortgage
WiUiamston tC Tarhoro
Wilm inffton, Columbia
Income bonds
— Ist mortg
di
if
"i
6
Auyusta Ist mortgage
.
188
.
— Ist mortgage
2d mortgage, coupon or re.gistored
Wilmington *£ Weldon — Stock
Wilmin/jton
tC
.
INTKKE8T OR DIVIDESnB!
1871 $500<bc.
1855
100
$700,000
'64
64
181
181
lieatlini/
Sterling bonds
1870
1871
1855
— 1st mortgage, gold, land gi'ant.
Worcester it jVa^Awa— Stock
Bond.s ($12.5,000 are 7 per cent)
Bonds
Bonds
Nashua « Rochester— Stock
do
Istm., guar,
do
200
45
(for i^OO.OOO)
CtNAl,.
rf-
Velawnrc—Stock
14
14
iHt mortg.igc (originally $2,800,000)
Chcs((peul;c it O.lio— Stuck
Marylaiul loan, siukiug fund
Guaranteed sterling loan
Bonds lia vl ng next pretoi?euco
Dekttoare Dicision
Ist mortgage
Delaware
it
—Stock
60
CO
•
Hudson— Stock
lis
148
148
148
Registered bonds
Registered bonds
Kcglstered bonds
Debentures of 1878
T>(«in of 1891 ($3,000,000 cp. & $2,000,00o rcg.).
hehigh Coal it jVapi.(/<r^toa—Stock
Ix)an, conv., coup., gold (assumed L. & W. Coal Co)
Ist mortgage, registered
Ist mortgage, registered, railroad
Mort. loau, g. (.$2,310,000 assumed C.RR. of N.J.)
1867
1873
1871
500 &c
1871
lOi)
1801
1866
1809
1871
1872
1873
500
500
500
500
&c
50
&a.
&c,
&c,
&o.
1866
1870
1838
1868
1870
1872
1870
1803
1863
1870
1870
1868
1870
1,000
500
100
500
1,000,000
1,400,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,230,000
1,560,100
1,456,200
648,700
221,400
749,000
4,618,500
1,789,800
350.000
230,000
400,000
900,303
700,500
&c,
Ac,
&e,
100
100
100
Ac,
io,
100
50
50
1853
1,000
I'sii?
1,000
1,000
1,000
1,000
1,000
100
1860
1871
1873
1874
50
1872
1871
1872
Greenwood niortija ,'e, registered
Monongahela NaeigMion Co. —Stock
83
83
mortgage
WallkUl Kfl^y.— This road was forcclofied under
a pecond mortgage and sold November, I87i. (V.
81, p. 412; V. ii, p. 42, 3W.)
Warren (N. ./.). Leased to Delaware, Lackawanna
Western at 7 pur cent on stock and bonds. Net
earnings in ISK, »21 1,006.
Was/iiiv/ton Cily, nrr/ln'a iRd'and it Great SouthGross eariinigs year ending Sept. 30, 1875,
ern.
$1,1)3.1,930; expenses, St)7i,:i67; not earnings, $401,The company ha.s b?en assisted by Bait. & O.
Bl'2.
Coupons on O. A A. -d, 8d and 4tli mortgages arc
ovenlue. The 1st and 3d mortgages placed 'tog.jther,
were originally $400,O0J Ist 6s, and $600,000 .Id 8s,
some of which hjwe been exchanged for general
mortgage bonds, but are deposited
escrow only.
Interest is in default, and the pr,;8ident, Mr. John
S. Barbour, was appointed receiver in July, 1870.
—
&
—
m
(V. S2, p.
15,
591.)
Western A Atlantic— 'V\i\* road is o\vned by State
of Georgia, and leased at $'J0) OJO pjr annamXiesseea liave issued the income bonds. (V. 23, p.
aa.i
Westchester il Philadelphia.— l^ct
$152,657. (V. !M, p 301 )
earning
1374-5,
West Jerteij. —Qxois earnings, 1875, $659,797; expenses, $',08,510; net, $291,-J87. Net profit above
Interest and rentals, 895,689. (V. 2i, p. 238.)
West ll^con^n.— The company defaulted on intereat due Jan. 1. 187.5, ami funded nine coupons from
that date. The followin;^ is fro-a tlie ofllcial statement: Sir.ce its orj^anization the company has
Issu d $.1,000,000 gold ilrst uiortga.;e land grant
bonds, of which |.3,>.i, ,600 are outstanding; $6lu,000
Southern extension bonds, of which $:i70.000 are
held as collateral security l)y lloating debt creditors;
$2,5JO,000 8, vcn percent gold consolidated bonds,
of which $1,471,000 are heM as collateral to the llo.itIng debt. The other debts of the company on ,Jau.
1, 1875, were as follows; Bills pay.ible, $l,aS0.9il.
There are collaterals belonging to the company held
for these, as follows: Southern extension bonds,
1370,000; consolidated boud8,$l, 471,000; and 200 cars;
1,880,800
1,997,872
8,229,591
2,000,000
4,375,000
1,699,500
1,033,330
800,000
20,000,000
1,500,000
3,500,000
5,000,000
393,000
5,000,000
10,218,550
1836 Varlo's
25
Loan
Ist
500 &0.
7
1,000
A.
J.
f.
1675,
Alabama.— So\A
F.
M.
A.
6
6
6
6
6
6
6
.8
6
6
f.
7
8
7
7
3J3
6
g.
7g.
l^l"-
6
A7
7
7
3
6
3
"e'
5
6
4
6
4
7
7
7
7
7
2
6
g.
<8
Bolt., R. Uorrctt A Boo* Mob. 1, 1883
A N.
do
do
May 1, 1B03
do
A O.
do
April 1. l>4n«
A J. Philadelphia, Office. July 10, 1876
A O.
do
do
April 1, 1891
A A Camden, N. J., Co's OBlcc S<pt. 1, 1874
A 8.
do
do
Mcb., 1883
do
A J.
do
Jan., 1896
A O.
do
do
Oct.. 1890
A J, New York nnd I,.ondon. Jan. 1. 1888
A J. Now York, Office of Co.
1902
Oct. '76 to '91
Atlanta. Ca.'» Office.
.1.
Q-F.
6
6g.
J.
6
6
7
7
4
6
Itlil-
A
A
A
A
A
A
A
1875
do
do
do
do
do
do
Q-J.
6
D.
D.
D.
D.
A.
Fhiliulelphia, OOloe.
do
do
do
do
do
do
Plttsbnrg, Office.
J.
J. N. Y., N. Bk. of ComYoe.
1884
1897
1897
1877
1882
June 1, 1911
1892
Jan.. 1876
July 1, 1887
Fort-closure iwndlng. (V. M, p. SS8, :83, StI,
1.17, B94; V. •22. p. 183, 581.)
B47; V. 21, p.
to
Wilmington <t ir</(ton.— Leased Decoralicr, ISTt,
Wllmingt n, Columbia A Augusta road at 7 per
cent on slock.
22, p. 1
6
Lessee
aHumes
all liabilities.
June
(V.20, p.ai4,453; V.21,p.40.)
Pennsylvania RR.
Tarboro.—VlaaA In progress.
No
recent financial information.
WUinin-nton Columbia <* ^Ki/iM/a.- Leases and
operates the Wil..t Weldon. In 1874 5 nc; earnings
were $183,271, including profit on W.& W. Coupons
of Do-., 1875, arc unpaid. iV. 23. p. 15.)
Wilmington dt Reading.—This road was In progress, and defaulted on second mortgage after crisis
of 1373. Default on first mortgage was made April,
lY.
J
fVisconsin Central.— Thi* pompany defaulted July,
and Its latest statement and proposition for
U, p. MS. tV. »), p. 291, Sit;
1875.
funding, Ac., are in V.
V. 21, p. 8-24.)
Worcester
<*
Xashuc—yet
earnings 187 l-S, $178.-
Onarantces the slock and lioml:. of Nnshua
Rochester company, leased. (V. 21, p. 690; V.
p. M5.)
S-IO.
A
SI,
CANAL.
Chesaventce
* ZWowaw.- Delaware
pcako City, Md.
Cltv to Cbeaa-
(V. 18. p. t8«).
CheKipente Jk 0»l/>.—Gross receipts, 1875, t473;n8.
Paid on bonds, $2;3,940. (,V. 21, p.
77.)
Delaware iXc— Leased to Lcb'gh C. A N. Co., at
interest on bonds, and 8 per cent a year on stock.
net. $251,175.
)
(7ii\ ^ifirt.— Sold in forccl.-»orc,
lessee o vus $972,650 stock out of the total nmonnt
of $I,0-2^i,4.")0. $148,000 of branch bonds, and all of
$1.2)0,001 general mortgage bonds; net cuulngs
137.\ S13!,059. (V. 22. p. 206.)
Wl iamntoa
197S
1880
,V.
In foreclosure, April 19,
Pennsi/lvmia.— The
187!t
•
6
equipmorit, *j7,-J6S; sinking fund second mortgage
citycndorsoil. $31,000; ha'anco $36,91 1— total assets,
Western
1
1,
I
'7'
receipts, $'293,718; expenses, $194,420: net
receipts, $99,298. The llnanclal condition SeptemberSO, 18:5, was as follo.vs: Liabilities—Stnck subscriptions, $681,632; funded debt. $-1,675,000; total
lialnlitles, $4,471,451.
Assets— Cost of old road and
appurtenances, $J,101,3!»8; cost of new road,
$1,88:),181; sundry individual inilebtednees, $»,816;
union RaHro,id Company, $2..VX); loss on sale of
second pri:ferred bonds, $4-<,.'>00: construction and
23, 1375, for $825,000.
May
Sept. 1,
A J. Now York A Savannah.
A. A O.
do
do
do
A. A O.
do
Oct 1, 1890
J. A J. Bait., N. Mechanica' B'k Jan. 1, 1890
J. A J.
do
do
Jan. 1, 1890
J. A J,
do
do
Jan., 1890
J. A J
Ilagerfltown.
Jan., 1890
J. A J Bait., Company's Office.
Jan., 189S
J. A J. Bolt., N. Mechanioa' B'k
Jan., 1900
J. A J.
do
Jan., 1902
do
Jan. 1, 1H90
J. A J.
A. A O.
PUladelphia, Office.
April 1, 18!t;!
do
do
Jon. 1, 1896
J. A J.
do
do
M. AN. Now York, J. M. Plekrcll May 1, 1900
June, 1900
J. A D. Bait, Sato Deposit Co,
A. AO. Phlla., DeHaven A Bro.
Oct. 1900
A. A O.
.Tan., 1903
do
do
J. A D.
Deo.. 1875
J. A
London,
1881
M. A N.
do
1886
J. A J. N. Y., Nat. B'k Republic
1896
BoHton, Office.
July 1, 1901
J. A J.
Worcester, Office.
July 1, 1876
J. A J.
Various
do
do
1831 A 1887
A. A O. Bost., Olobe Nat. Bank. April 1, 1893
Feb. 1, 1895
F. A A.
do
do
A. A O. Bost., Olobe Nat Bank April 1, 1894
Plillodelpbla, Office,
Jimc, 1873
J. A D.
July, 1886
do
do
J. A J.
1870
Q-J. Bait, A. Brown A Sons,
London.
1890
Q-J.
18S5
J. A J. Bait., A. Brown A Sons,
Feb. 4, 1876
Pliilitdclpliia, Office.
F. A A.
do
do
July 1, 187>»
J. A J.
Aug. 1. 1876
F. A A. N. Y., Bk. of Commerce.
1877
do
do
M. A N.
do
do
1884
J. A J.
1891
do
do
J. A J.
A O. N. Y.. office, 71 B'woy. April. 1878
do
1804
do
A. A O.
Philadelphia, Office.
June 3. 1870
Ci-M.
1894
do
do
M. A S.
gi-oss
207
Jan.
a" J.
Q-J.
bought Its overdue coupons. The only bonds remaining in defatilt for intert'fit to their holders are
the second preferred unendorsed. Annual report
for last fiscal year to September .30, 1875, shows
(V. 22, p.
A 8oDi
do
do
J.
Western, J/irry'rtnif.— This company was largely assisted l>y the city of Biltimore, which has also
Western North
8.
IBvo
IH7a
1875
1900
April.
do
do
J.
J.
(V. 20, p. 398, 405, 445.)
$4,473,451.
Head Bank.
do
do
N.
Dividend.
U 4 W. HK.
R. Garrrtt
J. Bolt.,
Wbea Dna.
Kloekt—lMt
8
8
8
and bought by Central Ga. and Georgia
roads.
A.
J.
Earnings, 1S74,
other items of debt. $1,8-26,141.
$884,9-10; operatingexpcnscs, $697,107; nctcimings,
$187,812. For full particulars see V. 20, p. 77, 291,314;
V. 21, p. 396; V. 2-2, p. 521.
Western
JUmii —Trtnellir
7g.
7g.
5,381,903
2,000,000
4,692,500
762,779
41,550
1,063,000
744.000
1,004,300
103,000
50
1862
J.
4
6
6
7
794,000
1,000
1,000
1,000
1,000
1,000
1,000
A
M. A
M. A
7g. M.
"4'
400,000
300,000
300,000
600,000
875,000
1871
1874
7"
1,200,000
200,000
1867
O. N.T., Bull-*
O. N.Y., Del..
A.
do
do
8
920,000
750,000
600,000
1,600
A
A
A
J.
edk8
1,050,000
1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1,000,000
4,000,000
640,000
2,500,000
1,000
153
do extension, convertible till December, 1877...
Consolidated mortgage, loan
"a
1,200,000
1873
1875
48
48
F.
2,692,.'>a9
654,000
700,000
678,850
A.
A.
7
7
750,000
100
do
Sinkinj; fund bonds, gold
Chesapeake
3>s
5ll,'U)0
do
Wiseotism Central
7
1,800,000
TahUs.
pal,
Amount Rate per WIntn Wbero Payable, and
Bonds. Value. Outstanding
I'uyuble
Cent.
Whoui.
18r)8
C, Va. Mtd.
(taeaa
Par
_
1860
Gt. Sonth'n
I^ynchbuiic & l>:iiivilk', 1st mort., guar., coup
Westchester <£ I'h ilutleljihia—l'retevTisA stock
Ist mortgage, now
Qcii. mort.,
Date
I
8l«e, or
of
f 'SS
s <s s
WatkUl Valley (y. r.)— 1st mortgage
Warren (.V.y.)—Stock
1st mortgage guarantood
zxiz
Del. db
Hudson Canal.— Thl»
Co.,
which
Is
amoos
the largest miners and carrier* of coal, leases the Alb.
& Susq. and Reuss. A Sar. Railroads. Also endotaes
Annual report for ISO,
bonds of N. Y. A Canada
V. SJ, p. 4«».
.Viirl<7<rtio«--Oro»' "/'''e*' '? 'SS"
Uhlgh OtKd <«
$1,8I»,(I«.1; expenses, irt. »nd div-derda. $1,914,871).
excess of the latter, $6S,I9I. Tho Central R.H. of
J. assnm !s (in purchase of r qnipmeni). $S.SiaOOq
of the gold loan due 18'.»r, leases the Lchigb » Sn»ouchauna Rail Road, and operates the L«h]gh Caud.
TheU-high&Wilkes-Barro Coal Co. aMiunn $£00.000 of the gold loan doe Ibdl, and >8«2,000 fall) of Iha
convertible gold loan dus 1831, and ita also leased
(V.S2,p. 210.)
tlie coal lands of the Company.
RR
N
Konongahela
NavigatUm
Owinonif.— Receipt*.
1B74, $il5,«C3; expenses, $8«,1$0; dlTidends, $9T,'!31,
;
CANAL AND MISCELLANEOUS STOCKS AND BONDS.
zxx
Sabscrlbera
nrtll
cOBfer a ereat faTor
bjr
[July 2
•
giving Immediate notice of anr error dlseovered In
DESCRtPTION.
Miles
of
of column lieudlugs, tSic, see notes
at the head of llrst page of tables.
Canal.
For explanation
Date
or
Size,
of
Par
Bonds
Value.
I
',
187
Tables.
t'liese
Bmuts— PriuciINTEREST OR DIVIDENDS.
pal, when Due.
Rate i)er When Where Payable, and by Stocks— lja»t
Dividend.
Cent.
Payable
Whom.
Amount
Outstanding
CANAI.— ronllnnod.
JTon'i*—Stock, consolidated
PnefeiTod stock
New mortgage (for $1,000,000)
Boat loan
Preferred stock scrip dividend
PeiHtsv/cania—Stock
Ist mortgage, interest giiarautood hy Penn.
Schuylkill SatiffcUioH Stock, common..
Preferred stock
—
I «t
103
103
103
103
KR
$100
100
1876
1805 various.
1809 various.
50
1807
1,000
50
50
327
327
.
108
mortgage, extended
1,000
1,000
2d mortgage
II ortgagc
bonds
i
; j , < i
Improvement bonds
Boat .inn car loan
Boat and car loan
Suswehatma
cC
1870
1803
1864
l',0()0
1,000
1,000
50
45
Tide IFreto'—Stock
MiiryliHul loan, 2d mortgage
Snsquebanna Canal, common bonds, 3d raort
do
pref., 3d. T. W. priority b'ds..
do
bonds of 1873
ITiiion— let mortgage
ITI > »CIS Ij I. A N KU Uii
1872
85
Adams Express Company— Stock
100
100
25
100
100
Smcficati Express— ^tonM. ...'.
American Coal (Maryland)StoG\
(d Vacific Telegraph— Stock
Jioston Water Poicer
Alortgago bonds (for i}i-2,800,00O)
Caiti>.''* Improvement Company— Stook
Sterling IJonds (oriklug fund oue-lif tii of land sales)
Mortgage bonds, gold sixes (for $2,500,000)
Union RK., 1st juort., end. C. Co. (s. f., rents on $220,163)
do 2d mort., g., end., (s. f. ground rents on $144,800)
ConsoluUUion Coal of Maryland— Block.
Atlantic
1874
1,000
1873
1874
£200
25
1,000
500 &c.
500 Ac.
100
1864
1872
1852
1869
1,000
1,000
1868
1871
s. fund..
1871
coui>on
2d mortgage,
1874
3d mortgage, couiwn
,;•;•;• 1875
mortgage
4tl)
sink. fund. 1873
St. Louis Timnel RK.— Ist mortgage sterlmg,
1875
2d mortgage
do
do
Mariposa Land d! Mining Company—Stock
1,000
1,000
1,000
1,000
1,000
let mortgage (convertible)
iBt mortgage, consolidated, convertible
Cumberland Coal and Iron— 1st mortgage
do
2d mortgage
do
Iron
1,600
Company—Stock
Cumberland Coal
<t Dubuque Jlridge—iiouOs sinkmg fund
Illinois <e St. Louts Briilye— 1st mortgage coupon
<f-
100
Jhmleith
•
Preferred stock
100
100
500 Ac.
100
1876
1861
ido
3d series
4tU series..
.-
Quicksilcer Mining Company— Coramou
Preferred stock
"50
100
100
100
<£•
Railiftrrf*.— Leased April, 18,0, to Lehigh Valley
bonds and
to\& for 999 years. The lessees assuming preferred
per annum on
scrip, and paying 10 per cent
ill).
8t»ck, and 4 on consoliaated stock. (V. li, p.
report V.
Penn
Penn-^yltanm C'i?ni.-Worked in interest of
An om
interest ou
RR which guarantees due in 18S7. bonds. receipts
Gross
mortgage of »9O,0O0 ia
Nov.,
Nmiqatlin
Srhuyltdll
Comp '«y.— Leased from
&
Reading for 9'M
to kiladelphia
inclutlins --ortain
years, at annnd rent of »6.>'5,0.10,
convej;ed to Ph.ladel hia
real and personal property
Reading. (Last annual report in V. 53, p. 493.)
Tnnc
1870,
)
n,
p.
io 8.
7
J.
6
g.
2iu
7
6
6
(i
6
8
l«7
10
g.
»810
J.
(J)
4,400,000
1,695,000
20,000,000
3
7
(!)
5,000,000
484,500
5,826,200
298,000
434,000
5
7
2
8
8
8
V.
2J, p. 483,
(V. 21, p. 511, 591.)
Canton, Lnpivvement Co..— The annual report for
year ending Hay 31, )8:'i, is in V. Si, v. B13. Of the
sterf 2,500,000 mortgage j!fi;o,030 is res- rved to pay
ling loan. Th,: Company owns t5>4,O.I0 stock of
Union Railroad Co. out of *60o.()0O, and enarautees
its bonds.
(V. 20, p. 3H, 510; V. Hi, p. 613)
IBIS, $298,-
bonds audlialf of net earnings.
Uaion. C*»na'.-Stock, t2,<)0r,8J0.
Conso'ida'-'On Coa'.- Annual report for 1875 in V.
2J p 279, showing gross receipts. $2,1)18, 178; expenses, $1,8;h.4ii3; net, *"-71,77'i. Consol. mortgage
bonds arc heid to retire old bonds. Guarantees also
Penn., and assumes
bonds of the Cumberland
$13-,Q0D Un. Mining Co. bonds. (V. 2i, p. 2 J 9, 415,
Dinsmore and others
sliowod gross
Ameriei'i Coa/.-The report for 1875
BUit of
^1^
$825,916; net, $ 9,016. ( '. 22, p. 180.)
Pacific TeUgraph.—M this stock the
Panflc Railroaa holds $a,430,0P0. Annual
Atianlic
union
*
471.)
Illinois (6 SI. Lou's Brldqe. -Interest passed July,
The Bridge and Tunnel Railroad are in hands
1875
of Messrs. Morgan and Humphreys, trustees. (V
p. 544; V. 2L
Mariposa Land
iX
V. i% p. 14.)
Mining Co.-Asacssmontof 81
p. .31);
&
tfe
Co Jan. r,"'l904
Jan. 1, 1904
N.
N.Y.,Co.'8 Office, 71 B'y.
S.
J.
J.
J.
March
15, 1870
Jan., 1885
do
do
do
do
do
do
do
do
Jan.
do
do
do
do
Jidy
Mar.
J.
s.
J.
J.
&
&
1901
1886
1,
1,
St. Louis.
Lond.,J. SJMorgan
J
&.
Jan. i, "1888
Co.
St. Ixiuifl.
J
New York,
New York and Ixmdou.
Jan. 1, 1886
Jan. 31 1876
111 5 y ears.
Sept., 1869
March, 1886
May 1, 1876
Aug. 1, 1881
N. Y., Ill Broadway.
do
do
P. & A.
Q.-F. N. Y., Farm. L. & T. Co
M. & N.
do
do
do
P. & A.
do
*
1, 1897
1879
A,
Feb., 1879
O.
New York Office.
Oct. 15, 1875
N. N. Y., by 111. Cent. KR,
Nov., 1893
1900
O, New York and Loudon.
A.
0.
0.
May
May
do
do
15,
15,
,
,
1876
1881
Feb. 15 1887
,
1892
April 1 ,1885
Oct. 15, 1878
Aug.
do
do
do
d-)
per share
1,5
,
,
is
delinquent June
ment. May,
543.
V.
(V. 30, p. 477
3, 1576.
22, p. 2i', .SOS, ,)>8.)
Pacijic .Vail Steamship
23,
1876.
p.
(V. 21,
p.
4.',
2.J7.
Co.
—Change
of
manage-
Report of old Board. V.
107,
2:8,
22. p.
324, 319,
'281, .305, 36S, 513, 543, t91.)
40.
2/11,
396;
Pennsylvania Coa^.— TVis company operates a railroad of 47 miles connecting its coal mines with
Branch of Erie Itailwsy and Delaware & Hadson
Canal at Ilawlcy. Dividends iu 1874 were 45 percent
a year. Fljating debt, $625,000.
Pullman Palace Oar Company. Full report in V.
—
21, p.
467.
Quicksilver
&
to the
S.
New York or London
J.
J.
M. & S.
Q.-F.
V.
1,
J London, Brown,
r
F.
1883
1,
Office.
1879
& J. N.Y., Company's Office.
& D. N. Y., Company's Office June 10, 1876
May 1, 1876
New York, Office.
July 15,1876
New York, Office.
4
J. & J.
July 15, 1876
1»2
New York, Office.
Q.-J.
May, 1902
M. & N. N. Y., Union Trust Co.
1 sMay, 1900
M. & N. N. Y., Tnsasiirer's Office
6g. M. & S. London, Morton, R.& Co March 1, 1900
Pldladelphia.
M. * N.
5
Boxtnn Water Power Co.—Annual report in V. 22.
.\ stock increase of 25 per cent was voted
p. 494.
Gary Improvement Co.— Assets Apr
Jan., 1894
Jan., 1002
May
.1.
1,498,0(X)
21, p. 63, 277;
Jan.Vi'885
Jan. 1, 1878
do
do
do
J.
4,000.000
1,030,000
3,400.000
100
ii
S.
Various
A.
A.
4,291,300
5,708,700
58 4.000
1,500.000
6,000,000
5,000,000
33,787,475
and Baltimore.
Mar. 1, 1870
July 3, 1876
do
do
Mar. 10, 1876
New York, Otlice.
1872
Nov. 12, 1872
Boston, Otflce.
June, 1884
1st coui>. due Dec. ,1875.
J.
l»s
7
6
HIISCEl,l..\NEOUS.
Adam Exprets Company.- A reference
in V. i;i, p. JM.
&
&
&
A
&
&
&
&
&
&
&
&
&
&
&
&
&
sK)0,000
598.000
10,250,000
412,000
363,000
137,000
498,000
500,000
480,000
3,947,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
10,000,000
5,000,000
do
do
Philadelphia, Office.
& D
"6'g.
1889
Aug. 1, 1876
Aug. 1, 1876
March, 1897
1382 to 1907
1895
May, 1880
May, 1913
May, 1915
do
do
do
do
N.
&
&
691; liabilities, $lft5,009.
Susoml°a>ina d Tide vrater.— Leased and operated
Railroad for interest on
07 PliiladelpUia & Reading
Phila.
J.
J.
J.
J.
M.
Feb.,
July,'i910
do
do
do
do
Q.-M. N. Y., Comjiany's
C67.)
lsr.5.
J.
N.
N.
N.
J.
£100&c
422.(V.
do
do
do
do
do
do
do
S.
J.
187C
1876
4,
4,
Oct.Vi885
Philadelphia, OfTlce.
Philadelphia, Office,
A.
A.
4
Aug.
Aug.
do
do
do
do
J.
1, 1500,000
10,500,000
4,000,000
1,740,000
1,107,500
584,000
601,000
1,000
1,000
'.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
2
3
598,0tK>
100
100
SprimSmmtam^Goai-St^^^^^^^
United Stales Express— Stock
Company Express—Stock
Wells, Fargo
Western Vnion Telegraph-Stoc^£.
1872
Real estate bonds, gold, siukiug fund ... --•----••
1875
Bonds, coup or reg., coiiv. till May. 18oo, s f. 1 p. c...
per annum) 1875
Sterling bonds, coup, (sinking fund 1 per cent,
Witkesbarre Coal— Stock
874, tM6,828; net, $.310,141.
A. "& "0.
& A.
144,000
--
stock
A. Leh. Val. RR. Co.. Phlla
A.
do
do
12,000,000
18,000,000
--..
debenture
"7
906,(K)0
sterling debenture, convertible
&
&
F.
F.
F.
103,164
7
4,477,150
J.
3,000,000
"e
949,748 30c. in sc F.
3,155,050 60c. in sc F.
M.
1,709,380
6
3,990,392
J.
6
J.
1,148,000
M.
200,000
6
M.
756,650
6
M.
028,1<H)
7
2,002,746
'
.1.
1,000,000
"(i'
J.
1,319,000
6
J.
323,316
6
J.
250,000
7
M.
6
3.000,000
1,000
50
1st mortgage bonds
Pullman Palace Oac— Stock
Bonds, 2d series
(!)
2o6,!)65
1,000
1876
;-V
l.st mortgage bonds
PacilicMall Steamship Company—Stock
Bonds, coupon or registered (for $2,000,000)
Fennsylvan ia Coal— Stock
Bonds,
Bonds,
Bonds,
Bonds,
"ioo
1875
Mortgage bonds (for $500,000)
Mariilana Coal— Stock
Mercantile Trust— 'RkoX estate
£300
2
5
$1,025,000
1,175,000
Mining Co»yK««y.— Annual report for
1''75. with balance sheet, Ac, in V. 2.', p. 303. See
V. 19, p. 581; V.'JO, p. 141, 429, 5;J8; V. Hi, p. 233, £03.
Spring Mountain Coal Company. This is guaranteed 7 per year till ISS.'i by Lehigh Valley RR.
Unileil Stated Expresx.—'fiew stock of $1,050,000
proposed. (V. 2;, p. I5'J; Y. -.3, p. 87.)
.Western Union Telegraph.— .Knuua] rej>oTt,V.2i,
The company holds $7,2t>7.73o of its own
p. 3 69.
stock, making the total $41,073,419. In May, 1876,
purchased control of Southern & Atlantic Comp.iny,
and Icssod it. (V. 21. p. 6, 369. 37->, 569; V. ?2, u.
'^
—
135, 175,
\i-i,
257, 368, iO§, 691
;
V. «, p. t3,S7.)
@FedFRASER