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mteut

\Mms'
OF THE

km

COmiHERCIAL
FINANCIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OP EACH MONTH.
Farnished Gratis to

NEW

all

&

&

Morgan

Co.,

No.

34

SOCTB Thikd

Bt.

WASHN K. VKUMILYE.
JAS. A. TKOWBKIDUE.

Travelers;

alao

;

of

Money

&

Co.,

LOANO NEGOTIATED.
Aeeoanta received aod lnt«mt allovad oa balaocM
«bieb may b« cheel^ad for at sUbt.

and Commercial
Money,

STOCKS, BONDS, GOLD,
AND OTHER SECURITIES,
No. 16 Wall Street, New York.

avail-

-

-

-

Amsterdam

Grant

Commis-

Stocks, Bonds, and Gold on

sion.

Winslow, Lanier

Co.,

BANKERS,

Merchants' Bank
OF

Canada,
eaW^ALI. STREET.

.....

BlUa of Exchange bought and sold. Commercial
Credits granted. Drafts on Canada issued. BlllB coUected| and other Bankm? buaiueas transacted.

WALTER WATSON,
WM.

J.

INGIiAM,

LONDON AGENC Y,

32

John Munroe

I

A:

CO.,

Lombard

&

CITY RANK,

&
29 William

all

CO.

F.

R. M. KjlVKX,
Member Stock Exchange.

HEXObTLKR.

Haar

&

Co.,

BANKERS AND BROKERS,
No. 45 Wall St,
DEA1.EU.S IN SPKCIE AND UKITED STATES SECURITIES. BUY AND SEU. STOCKS, BONDS AND
GOLD I^OK CASH.OUON MAKlilN. Sl'ECIAL ATTENTION PAID TO 0I;DKHS KOK INVESTMENTS
OKDEKS EXECUTED AT THE PHILADELPHIA
AND BOSTON STOCK EXCHANGES.

NEW

Exckange Place,

Y"ORK.
Credit

principal cities of Europe.

W,

GiUeyTjr.

64 BROADWAY AND 19

Berlin.

&

NEW

STREET,

York.

Railway Shares
and Honds. exeiuted sirlaly ou Commission, «: the
Order! In

New Y<rk

Government

SlO'-.k

I*

Socurltle.,

X'^haiKTc.

Particular att.nilon paid to Investments. ror»lirn
l-xchange Houirhl and Bold. Ueposlls reMlTed siiito sight Check, and Interest allowed on d.::y
fclance-, according to the "fiure of th. accoou..
Pioinnt attention g ven to Ccllic loos aDd l.emll.prcllledsecutily
tances. Inf orm»tion concei nine a y
chsrge.
will bo clif erfully furnished wiihoui

Wt

F.

King

&

Co.,

45 Pall mall, London, BBKland.
CIRCULAR NOTES ftu 4/ cAor^s, avalUM*

Issue

Grant COMMERCIAL CREDITS for lus against
Consignments of Merchandise.
Execute Orders on the London Stock Biehangs.

Make

Collections on all PoinU.

K.S.GiLLrr
W. OiLHY. JE,
_ ^
Member N. Y. Stock Exchange.
J. NxLsos Tappak, Special.
.

Receive Deposit

and Current Accounts on tavorable terms, and
General Loudon and Foreign Bankiag Bastnass.

do*

KING, BAILLIB 4e CO., Llrerpool.
NtW YORK CORRESPONDENTS,
nessrs.

WARD, CAnPBBLL *

Co., Adolph Bcissevain

New

O.Boxl25H.

P.

S.

Joan Bssrrnab.

BANKBHS,

GO.

& Co.

BANKERS

BANKERS AND BROKERS,

SIXTY DAY STEliLING ON THE
akd Crkdits ros Teatklkbb

St., cor.

DEUTSCHE RA NK,

CONSOLIDATED BANK, LONDON.

Member Gold Exchange.

Lichtenstein,

SPECI.\L PARTNER,

PAUiS.

Henry

o. bt.

In all parts of the world.

Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of
on

WALI. STRBBT.

ScTDAH Gbaxt.

of Credit for foreign travel.

Knoblauch

Iiondon.

.J.

R.

Tfar«>adnccdl<> Street.

Company,
AKD BROKERS,

TRANSACT A OKBEEAL BAHKINQ BCTSlNESa
STOCKS BODQUT AND SOLD ON COMM1B8IOB
INTEREST ALLOWED ON DEPOSITS.

TORE,

BANKERS,
St.

Co.,

ic

NEW

LONDON CORRESPONDENTS

_„,,
*««"«•

STEBLINQ CHEQUES ON

J H. Haar,

Usne Letters

f

ALEXANDERS, CUNLIFFES

CmotriAii NoTis

;

.

No. 8 Wall Street, New York,
No. 4 Pent Ofllce Square. Doaton.
CHEQUES AND CABLB TKA.NSFKKS ON

jnCNKOE

PINK STREET,

Receive the aceoonts et Interior banka, Mnken
corporationa and Mercbanta.
Agent* for the sale of City, Connly, and Railroad

Bonds

$9,000,000 Gold.
"
8,128,626

Paid up,

«

&

BANEUERS

N*. 88

&

Ducaisiu,.

(Members New York Stock Exchange.)
BBUEERS IN

Deposit accounts received on favorable terms.
sell

B.

BuckinghamSc Underbill

able In the leading dtlea of Europe and the United

Buy and

CswAac

e. BcoKiHGUAM, Ja.

York,

Credits, also Telegraphic Transfers of

AGKKCr OF

Capital.

SccarltlMi, Gald, Stocka

aud Bonds

Bonsbt and Sold oa Commtaaloa, aod

(CoRHKB OF Wall Strbkto
CHICAGO HOUSE: HENRY GREENEBAUM & CO.
iBsne Bills of Exchange, Travelers'

KXCHANGB COURT.

States.

;

AND draw KXCHANGB ON
Morton, Kosk & Co., - London.
HOTTLNGUER & Co., - - - PaRIS.

Hope

BANKERS,
Street, New

Nassau

1

Co.,

Cc

AMD COMMISSIOK MKRCBABIS

Liberal cash iidvarcea made on conslgsmeaTi «t
Cotton and Tobacco to oar addreaa : alao lo onr i nmc*
In Liverpool and London.

DONVLD MACKAY,
LATHAM A. KISH.

Greenebaum Bros.Sc Co.,

N. Y.

Notes

Circular

for

I

|

BANKERS
a

SoTernmant

INTEREST ON DRPOSi TS.

and Letter* oi
Commercial
Credits available in all parts of the World.
Negotiate First-Class liailway, City and
State Loans Make Telegraphic Transfers
Iisue

Credit

(a WALL STREET. NEW TOBZ.
tS BTATB aTRBtT, BOCTOM.

R. T. Wilson

CITY

BROOKLYN BUNDS.

Morton, Bliss & Co
St.,

¥orfc.

BUY AND SELL ON COMMISSION
RAILWAY STOCKS, BONDS& GOLD.'

Attobsits and Aokttts of

Broad

BtRINO BROTHERS * COHPANT,

New

AKD

JBeura. S. S. noKOAN & CO.,
No. 82 OLD BROAD ST., LONDON.

G. C. Ward,
aanrr* fob

SECURITIES.

HEW YORK

Depoilts received subject to Draft. Securities. Gold.
Ac., oouglit and Mold on CoiiiinUiioa. Interest allowed
OD I'epoait!'. Foreign Kxcbauge. Commercial C'edlts.
Circular Letten lor 'jnTelera,
Uabl* Transfera.
ftTaiiable in all pai ts of tbe world.

3

utrcet.

&

G.

8.

dealers in ALL ISSCE8 OP GOVERNMENT

Paris.
PhlladelpUlm.
DOMESTIC AND FOREIGN BANKERS,

Bankers,

CO.,

BANKERS,

Boulevard UaaeBmaDD

SI

FinanciaL

VERMILYE &
16 and 18 Nasaan

Drexel, Harjes & Co

Co.,

24, 187H.

Financial.

WAI.I. STREET,
CORNER OF BROAD, NEW YORK.
Drexel

JUNE

YOllK,

Financial.

Drexel,

Subseriben of the Chronicle.

AXV

COnmiSSION nEROBANTS»
AMSTERDAM, HOLLAND.
Boy and Sell on Commlst'on American Secnrlttes
In Holland and oUar Continental Markets.
Makf. ColKcUona throughout the Coatlnsnt 01
Europe.

Make Fsyttents on LeUers of Credit to Travelers
and transact a general American Banking Buslcen.
Refer bj special permission to Messrs. Blaks
Brothera * Co., Bostoa and New 'i ork.aad to Messrs
S. & W. Welsh, Philadelphia.

:

;

IIS

ii

VESTO

SUPPLEMENT.

IS'

[June 24, 1876.

Financial

Financial.

REAL ESTATE
THE MERCANTILE TRUST COMPANY.
SEIII-AIVIKIJAL STATEMENT, June 13tb, 1976.
MORTGAGE BONDS
RaaoiTRCKa.

OUAKANTKKD BY

TUIC

Equitable Trust Co.,

Invested in United States

Oovemment

Amonnt of mortgage bonds

collateral.

I

6.3,860 69

Ji,i:8,e.3« 83

t3,l.'»,338 60

sold with

Company's Goarantee
Amount now on hand

SSCFRITT.
Value of Land securing mortgage loans
Valueof Improvements on same

{936,603 00

*...

•

784.000 00

Total mortgage loans

Total Value of Security

$I,670.6(X) 00

ROBEUT U KKNNKOV,
8AMUKL WfLLbTS.
WM. UKMSKN.
CHAS. ItUTLKK.
HBNRV J*. HAVEN.

Board

GUSTA^

KISSELL.

H.

Iheae Securities bear Seven Per Cent Interest pay*
Able semi annuflllv, and sre oflerert for pale at one
hundred and iwo and lut- re^t ar. ti<e ofHue of the

business of th^s Company is to lend its money on first mortgages of improved real
such mort^ajies in a i.egotiable form bearing seven per cent interest.
the titles and the punctual payment of princ.pal and interest are guaranteed by
>>7tfl

to sell

Tbe valuations,
Company.

'the particulars of each loan

and

all

other information will be given at the

DIRECTOBS.

SECURED BY

PIRSTIHORTGARES OrmPRUVED

HENRY A. IIURLBUT.
GEORGE D. MORGAN,
JAS M. .MORRISON,
WILLIAM SLOANS,
UENRY B. HYDE,

HENBY

No. 73 Broadway, Cor. Sector

At Auction.

St.

CAPITAL,

Compiuy's

OflKce.

43 milk Street, Boston.
There U^nds are rominenileftro 'he attention of the
CONSERVATIVE INVp*T-»I.S, a^ ihey ae

M(»6r

iMlttved to be as perfect a security as c 'n be ob^a ned.
Ttsel'Sueor Bonds Is 1 iiiited lo uut-half tlie amount
of the eatue class of bonds ever lesued under a like

Guarante

is

not contlMed a to single

the Mortgages owned
by ifie Compa .y. 'i hia company receives no depo lis,
jiuararit esnooHie: iefijfnle". a* d lia* no othei febtg
thuii iiM boii-Js. its Mi^tgaguH are of like character to
thoae whiih have be-^D bought in the last, iweiiiy years
by Individ' als. Life Insurance Companies and other
Corporationtt. to theamonnt of mo e ib^in Flfiy Mil
lions of I olliir^.prov.ngimoi>t secure audsatlsfactor
tuvtsiment. 'Ihe Loans are till upou iiupr..ved Farms
In some of the most fertile Western ctate*. near the
Railroads, with eho-tand perfect titles, and Mve-a^e
less than $650 each, upou pro ertv worth n»*ar]y four
times tbe:r amount. Experience has proved that we'laele ted Mort^ageB upou this class of propery are
aaler than ihose upon city property, either lu the East
or West. They aie notaflected by Klres, or by Business
revulolons ; Principal and interest arc more promptly
paid ; and upon the su cess of Agrl ulture depeuda
ttiat of almost every iudunrlal luvestmenc.
'^ll

HENRY 8ALT0NSTALL.
FRANCIS

Preelrtent.

A. OSBORN. Treasurer.
VICK-PBS81DRNT8:
Amos A. Lawrence,
Geo. C. Richardson,
James L. Little,
Thomas Wigglesworth
Geo. P. Upham.
DIBJIOTOBS
Charles L. Flint.
K. R. Madge,

HeDry

John P. Putnam.

»xlton»iall,

Churfet L. Young,
J.

Dav.d R. Whitney,
B. Upham.

oouksbl:

Inteiest allowed on d<^po^lts, which m:i7 be miide
hi any time.
N. B Cht^cks of Depositors on this Institution fass
through the cle..i ing House.

KIN«, President.

No. 7

"Wm. Wani-WRIGHT,
GBO. CaB'jT Wakd.

TUKOUOUK RuUSt^VKLT,
Secretary.

Cor. of Montague

A

Clinton

CAPITAL.

sts.,

^
A

Solid

No. 43

Brooklyn, K. Y.

inaUoon,

OF

Company ti

authorized by special charter to ac <
aa receiver, trustee or goardlan.
It can act aa agent In the sale or management of real
estate, collect lute' est or dlrltlends. receive registry
and transfer books, or make purctitide and sale of OOT-

This

ernmeut and

STOCKS AND BONDS,
Every Monday and Thursday, 9r

etlier ."securities.

Sfecial Si^LKS

Keligloup and charitable institutions, and persons
unaccustomed to tne transaction of business, will find
this Company a safe and convenient depository for
KtPLKY RoPES, President.
money.
CHAS. R. MAK71N, VJce-Preat.
Edoab M. Cullkn, Coansel.

Alex. McCne,

U.K. Pierrepont, Dan'lChauncey, Edward Harvey,
JohnHalsey,
JoslahO. Low, James 0. Fish,
Alex. U. White,
R.

BUNKKK.

Secretary

WILLS,

CO.

OF

NEW YORK,

(At $1 a year for $1,000 of Bonds.)
140, 142

&

146

BROADWAY, COR. LIBERTY

The

Establi»lied

I

Blon.

87"

While bondt and atocks are the footballs of broken
tte solid IlImolB and Missouri TEN PKR C NTS
(seril-annuall/ at toe American Kichange National
Bank, New \ork) and our choice Kansas TWELVK
run CKlilSh»v>i nertr falitii. Nothing bat an earthqaake can impair their absolute securitt/: and as to
proniptness. ask our New Vurk Ha ik. our paper is
atwai/ii at par in New Turk, b»cause atwai/i paid at
fMUurttn. U*Ye ioaued nilllions, and not a clBlTar ha
•»er been lost.— Kor details address ACTDAHl of thi
Central llllnola Loan Agency, Jacksonville, IlUnoli
"
r. O. Box «61.

Securities not dealt In at the Stock Boards a

specialty with th's bouse for

many

years.

First-class Municipal Bonds, Railroad

Bonds

and other Incorporated lo&us negotiated on

liberal

terms.

Security Aeainst Fire

and Robbers.

Central Safe Deposit Co.
No. 73 ATcst 23d Street,

ST.

established in the world.

first

all other Dats,

WHBS RkQUlKED
Custom 24 Vears.

Our

lar

SAFE DEPOSIT

017

O.NB DAT'3 NOTICE,

-

JotiB P. Rolfe,
Chaa, R. Marvin, A. A. Low,
Ihumas Sullivan. Ahm. B. Baylis, B. B. Chittenden,

Wm.

Made

UPON

^p~ Stocks and Bonds bought and sold at the New
York scoclc Kxchsnge, and at pi Irate sale, sn commls

TRUSTEES:

Henry Sanger,

J.S.Rockwell,

REGULAB AUCTION SALES

9500,000.

(Maionlc Temple Building.)

SAFEKEKPINO OF VAI.UAHLES

under gniranPilvate ofQcea for Baoksand Bankers out of the
city. Separate rooms tor l.afiy Pstronx.
ELLWOOD E. TUol«iE, President.
Office hours, 9 A. M. to 5 P. M.

tee.

Illinois.

Twelve Per Cent

& Co.

PINK STREET, NE^V YORK.

E7~

Francis U. Jenks, President.

& GIBSON,

SON,

stock Auctioneers and Brokers,

The Brooklyn Trust Co.

aoticlted.

ABBLI., CBAIG

Albert H. Nicolay

n. OGILVIE,

&c.,
RECEIVED FOR SAFEKEEPING BY THE

Correspondence

nVLLER A

H.

PINE STREET, NE W YORK.

pAMUfL 'WlLLKTS.

M. Mcl.EiW,

B. H. tiurroM,
H. B. WKLaT.
O. U. Willi ^Ms,

Farm Loans
An extended acquaintance, large and auocesaful experience, and highest referencea among InTeBtors,

ADRIAN

EXECUTIVE COMMITTEE.

Placed In CENTRAL AND NORTHERN ILLINOIS
•n Cbolcest Laoil In the West, at

NET.

classes of

WEDNESDAYS AND SATURDAYS.

J Iff. Klvl.E t N, First VIce-Prealdeut.
\Vn. frMll'EWKlGHT,
^ecoud Vlce.Presldeut.

J.

all

OH

—

Bonds, Stocks, Jewelry,

FKK CENT

of

STOCKS AND BONDS,

^u•rOKal<.-.

EDWAKO

REGULAR AUCTION

hold

and withdrawn

Hon. Henry W. Paine. Bonton.
Simeon E. Bxlawiu. New Haven,

NISfB

nndersigned

SALES

Authotized by Ihw to act ai i xecutor. Adni'srator.
Guardian, t^e- eireror Trustee, and la a legal depoeltory
for money puid ioto Court or transferred to it by any

J.

-.

The sccnr ty of eirh Bond
Mortg:tge. but extends over

The

INVESTKD IN UNITED STATES BONDS.

$500,000.

wiih lultlnfonnuiou will be sent on

BONDS

and

Of NKW TOBK,

ONE mLLION DOLLARS,
i

President.
Vloe-Prealdent,

m-BLBUT,

A.

STOCKS

Union Trust Company

GUAKAMTEED. PRINCIPAL AND INTEREST.

Interest Coup-ms payable femi-anru Ily.
Bonde
registered to onie*. or payable to earerat opt'on.
AcciU'dlo'.e est Is not required to be paid by purcfaa>-er, <he lext-duR Coupo:i bei'g scam ed so as to
4enote ih t Interest begiun at the d le of pu chase.

HENRY

LOUIS FITZGEBALD,

HBAL. BSTATE.

CAPITAL STOCK OF

WILLIAM HENRY SMITH,
G. MAKQUAND,
RICHARD IRVIN, Jr.,
ALANSON TRASK,
WILLIAM MILliS,
ELBERT B. MONROE,

GEORGE B. STUART,
DANIEL DODD.
HENRV M ALEXANDER,
WILLIAM G. LAMBERT,
JAMES M. HALSTED,
JOHN J. M'COOK.I
BENNINGTON F. RANDOLPH.

LOUIS FITZGERALD,

OFFERS FOR 8ALB, AT PAH,

P.inipblt:-t

No. 120 Broadwi
dwi^l

5'^

«£Y£N TER CENT J EX-TEAR BONDS

A

office.

New York.

TUE MEW Ei^CiL.Ai\U
Mortgage Security Co,

pptlcatluu to the

tJ4J,8J9 00
$1,112,676 00

Tho only
and

& 54 VVIHUhi strebt.
IONaTHAN EOWAHIK^. tTPBldpnt.

TrustCompsn;, Nox.

l,r.0i,5C3 (10

Rental Value of the Properties

:

AUKIAN ISEHN.
JAMES A. Kl-'SEVKLT,
KUUK.nK KELLY,
J"HN D. MAXWKLL,

(S.S^d.ST.^ 00

84,140,770 00

Insurance Policies assigned

and Interest of

these Koiids.
AD mortgigr-B securing the Bnnds are formally ap
Jiroveil by ihe following Exe<ruiive

158,888

360.978 01

.

TO MEET AT ALLTlMK>the
principal

$2,000,0t0

,

loss

1,000.000 00

^(r<(— Ther have tbe ladlvldual U*t>Uitf of the
maker.
second— Epcii bona la sernred by a first niortyage erf
real etute or not tc^s than double lu value.
7)Mrrt— The prompt payment of both principal and
Btereatuf every bund la Kuaranteedhy thie Company.
The Comnany guarHDlet-lng tiiepe Itundit recptv^a no
deposils, oweit no money, hiio Incurs no obligations of
«ny ehttrai te except tbo^e arising from such gimrauty
Uiereby ket:plng its whuie CHitltiil of One Ml.linn

prompt payment of both

and

Proflt

Bonds
Demat.d Loans secured by
Cash and Accrued Intereat

Euultabl.:

Capital Stock

8T34,000 00

$1,000,000 CAPITAI..
THESE REAL ESTATE MOKTOAOE BONDS ABE
COMMENDED TO TUE ATTENTION OF
THE MOST
CONSERVATIVE IIVVEISTORIS.

]>oliara unlmiaired,

LIABILITIES.

Bonds on hand unsold

Martin Lewis,
43 PINE ST., ?r. T.
DSALKB IN
Securities ol Solvent and Defanltcd
UK. C'o'b, hIbo Slate. City and
Room 3.

County Bonds.

TIME LOANS NEGOTIATED.
Refers by permlsBlon to Messrs. M. K. -lesup, Pston
& Co., New Vurk Mirs«<-8. Soutter & Co., New York
Jon.fi. Morris, t^q., fresiileat First NailoDsi Kaulc.
Haltlmore Uobert Mlckle, Ksq., Cashier Uuloa Mat'I
Bank, Baltimore.
;

t-

:

CHARLES
47

OTIS,

EXCIIANOE PLACE,

City Railroad

and Gas Stocks,
Specialty lor 19 Veats.
Bee qaotatloiu of

**

Local Becnrltles* In

thlt

paper

—

?ljjp AT a

iflor.

f

Hpkkiit
OF

TIIK

COMMERCIAL AND FIM^ICIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
F«>™'8*>ed Gratis to all Sobicribera of the Chroniele.
yw 18T«. by Wm. B. Dij,^ » Co., m tbe offlo. of th. Ubr.rtan of Ooo,««. WeAlMto^ D.0.1

[Entered Mcordln, to «ct of Contrew. 1b th.

NEW

YORK, JUNE

INVESTORS' SUPPLEMENT
or THE

Camnifrrlfll nnli l^inonnnl Cjiroiiirlt.

2J, 1876.

neceaaary in selecting such bonds for pnrehaae. The Tecenl
Mi«souri decision relating to Town bond*, as well aa all deciaions
tending in the slightest degree to invalidate the soandness of any
county, town, or city bonds marketed in good faith aad at a fair

produce the natural result of making buyera more
cautious about purchasing a clasa of securitiea where tbe legal
maxim of caveat emptor applies to so large an extent.
price, will

The Supplement

iBsned on the Ia«t Satnrday of each month, containing
Funded Debt of States and Cities, and of the Stockg
and Bonds of Railroad and other Companies.
is

a complete exhibit of the

It ia famished without extra charge to
CBBONICI.E; no single copies are sold at the
printed for subscribers only.

all

r«gnlar sabscriben of Tbb
as a sufficient supply ia

office,

Transient advertisements are inserted at twenty-flve cents per line; advermonths or year, at special rates.

tisements by the quarter, six

Railroad bonds are active and higher, aa the first of July ap'
when the large interest and dividend disbursesienta lead
to an increased demand for good bonds.
Among the moat favored
preaches,

have been the consolidated bonds of thft Northweat
Paul roads; these have been stimulated by the bettor
condition of the companies since the modification of the granger
laws of Wisconsin, and they are taken up on the theory that all
the bonds of those companies will be perfectly good, and theao
issues being much lower iu price than the old bonds, will give a
better income.
There is, however, a considerable apecnlalive support for these bonds, which is lacking in case of smaller
and less known issues. The Pacific Railroad bonds have advanced
issues, lately,

and

INVESTMENTS
The money market
UDod demand in the
I

IN JDNB.

June hag been decidedly favorable for a

line of investment Becurities.
The usual
accumulation of funds which ordinarily takes place in this month
is again experienced, and the lowest rates for money have been

— the price
H per cent.

prevalent,

touching

•

in

for call

loans on government collaterals

St.

Under these circumstances the inquiry is made by parties for the first mortgages, but have been some* hat depressed aa to
having large sums to employ— How shall we use our money until the subsequent issues by the pending questions between the comthe beginning of the Fall trade ? With a good many the only panies and the U. S. Government. If the proposed arrangemeota
satisfactory answer has been Purchase government bonds; and for a final adjustment should be completed, and all questions a^

—

hence the government market has generally been strong on a to their relation to the Government be finally pat at rest,
pretty large demand, both from home and out-of-town parties. there is little doubt that the bonds referred to would be held in
Another cause which has ltd to an active demand for the five- much higher favor. No recent information is at hand as to the
twenties is found in the fact that the anticipations entertained in probable passage of the Pacific Railroad bills in Congress.
As to investments secured by mortgage on real estate, tbe buaithe early part of the year, that Congress would pass a bill for the
speedy funding of these issues, has greatly passed away, and ness is mainly of two sorts, aside frnin ordinary local transactions in
there is much doubt felt as to any practicable funding law being the neigborhood of the party loaning out
these are either a direct
loan on Western real estate, made at a high rate of interest through
passed at this sessinn.
For the average private investor, the annual interest paid by the medium of agents or attorneys residing at the Weat, or

—

is too small to be satisfactory; although it has secondly, the 7 per cent mortgage bonds sold here by the mortbeen noticed that lately, under the influence of heavy commercial gage companies, organized within the past few years, and having
failures and the unpromising outlook for business, together with the additional security of a guaranty by the company.
In the
th3 railroad war, and the decline in coal railroads, which had been case of mortgage loans at the West, made by an agent there, It ia

government bonds

held as sure 10 per cent investments, there have been a good
of government bonds in small lots by individuals.

apparent that the excellence of the security must greatly depend
on the care and business intelligence of the agent, though it is

These were generally made as investments of a part of their
surplus funds, on the principle of having some securities founded

known

many purchases
I

on " bed

can not be shaken by anything in the ordinary
Aside from these exceptionally careful in prosperous States like Illinois and in large cities at the West,
transactions, the balance of funds must be divided chiefly between have declined (rom 1 to 3 per cent since 1873, and many persons
city bonds, railroad bonds, corporate stocks, and real estate prefer now to purchase bonds at 7 per cent, issued by a sabstantial company here, with its own guaranty, rather than have the
mortgages.
It is never the province of this article to definitely advise trouble and risk cf loaning at a distance, and obtaining 1 or 3 per
line

:

'

rock'; that

of probabilities.

the readers

of

the

lar secuiity,

'

that a great proportion of the loans so made there durlnff
the past ten years have turned out well, and paid the investor
in many cases 10 to 12 per cent.
The ratea for money, howerer,

Supi'LEMENT

to

invest

in

any particu- cent more interest.
Three prominent mortgage loan companies now publish their
cards in the Supplement, as may be seen on the opposite page,
and of these the two companies in New York sell bonds secured
by mortgage on specific pieces of real estate at the Weat, and
having the additional security of a positive guaranty of the company on the bonds. The New England Mortgage Security Co.,
of Boston, as wo understand, sells its own bonds, having aa
security all the mortgages taken by the company, and the bonda

but rather to point out the facts relating to each,
and to leave investors to make their own selection under the
advice of reliable brokers.
From the prices quoted weekly
in tbe Chronicle it appears that the Lends of a number of leading citie?, whose credit ought to be considered above reproach
are janging now Irom 93 to 110, according to the rate per cent
whether C, G gold, or 7— and the time they have to run. It is
also noticed with city bonds that there is often a wide difference
between the prices of different issues bearing the same rate of

which

from a variety of causes, and among others
from the different degrees of security supposed to attach to the
respective bonds, from the circumstances attending their issue,
the laws under which they were authorized, and the purposes for
which the debt was created. It is obvious from these remarks
that the pervices of an impartial and expeTlenced broker are
interest,

arises

run ten years.

The Mercantile Trust Company, whose card appears

in our
under the direction of Mr.
Louis Fitzgerald as President, and with a capital stock of
$2,000,000, of which $1,000,000 is stoted to be invested in gov.
ernment bonds, has sold mortgage bonds bearing its own guaranty
to the amount of $930,500, and has on hand for sale, $7»(,000 of

columns

for the first

time today,

the same class of bonds.

is

.

:

STOCK AND BOND TABLES.
NOTES.
Tlieae tnblea are expressly Intended to be used in connection with the information concerning InTestment matters, puWislieu flora wi
week in the ChkOsiclb— to which an Index la fornislied in the remarks at the foot of the tables. Annual reports arc in black-faced figures.
full description of U. S. Oovemmcat Securities Is published regularly In the Chbunici-e each month, as soon as the official " Debt State
ment" is issued.
Prices of all Stocks and Bonds ore quoted weekly in the CiinoNiCLB.
The following will give cxpUnatious of each column of the tables below
DeterfpftoH.—Ruilroiuia leased to others will often bo found under the lessee's name. The following alibreviations frequently occur, vi/,.: M. for
"mortgage." «. f. for •' siukiug fund," 1. gr. for " land grant," reg. for " registered," coup, for " coupon," Br. for " Branch," guar, for " guaranteed,"
end. for " endorsed."
Dale of yi«/irf».— The ilato of issue on the face of the bond is referred to in this column.
ilileii of A'mirf.—OpiMjsitc Stocks, this means the miles of road operated, on which the earnings are based; opposite bonds, the miles covered

A

by the mortgage.

Sae or I'ar Value.—Tltcno figures are dollars, showing the denominations or par value. The figures " 100, &c.," signifj' $100 and larger.
Jtate I'er C'cii'.—The interest u«r aiimini is given forbouds, but the per cent ot last dioidend for stocks; a means gold; r, extra; s, stock or scrip.
July ; F.
A., Feb. it, Aug.; M.
Sept.; A. <fe O., April
8., March
N.,
Nov.; J. &
Oct.; M.
WKrii I'aijable.—i.
J. stands for Jan.

D.,

June

&

&

Dec.;

Q.—J.,

&

&

&

&

&

&

May &

quarterly from January; Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
in this column shows the period when the principal falls due of bonds, but the tlms

when due : Slocks, last dividend.—The date
when the last <lividend was paid on stoek».
JSoiult, priiteipal

STATE SECURITIES
•<nb«<irlher« \r'1l e»>«r»r

.

« srait r%yf by glvlit? ItmieJlute notice ot any
Date of

DESCRIl'TION.

Bonds.

Size or

Amount

par

Outstanding

Value.

For e.xplanations see notes above.

Rate.

discovered In ttaeae Tablen.
INTEREST.
Principal when
Due.
When Where Pavablc and by
Payable
Whom.

Alabama—
1872
I860
1866
1870
1866
1866
1867
1866
1868
1872
1873
1874

State bonds, due in 1872 and extended

exteudod

do
do

do

Bterliug bonds of 1850, extended
Sterling bonds, extended

do
do

do
do

Bonds of 1866
Bonds of 1868

New

8 per cent, loan of 1872
1873
do
do

Bailroad substitution loan, gold (Act Apl.,'73)
Educiitional funded debt
'iS76
Direct loan to Montgomery <& £ufauia RR.
1870
Direct loan to Alanama & Chattanooga KR
bond
indorsomcnts
1870
to '71
Railroad
State certitioates and Auditor's warrants.
—
Arkatisas

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

100 4c.
100 (to.
1,000
1,000
1,000

Funding bonds of 18G9 and 1870
1869 te '70 1,000
1871
100 .fee.
Ijevee bouds (or warrants)
1838 to '30
Old unfunded debt, including interest
1872
....
Ton year bonds for deficiencies
1875
do
do (for $2,500,000) Act May 29.'74
Treasurer's certiUcatcs outstanding, Oct. 1,'74
Secured sinking fund bonds (Oit.-Dec, IS?!)
1874

To Memphis & Little Hock Railroad
To Little Rock & Fort Smith Railroad
To Little Rock, Fine Bluffs & N. Orleans RR..
To Miss., Ouiiohita & Red River Railroad
To Arkansas Central Raili'oad
California
;

—

Soldiers' relief

State c!ipital bonds

Funded debt bouds

—

of

1873

Connecticni
War bouds, 10-20 year

do
do
do
do

a
",
taoS«

"1

20year
20year

^

o

\

473,800
688,000
64,800
82,500
618,000
877,700
500,000
650,000
185,000
1,192,000
2,810,670
300,000
2,000,000
9,193,000
998,135
3,050,000
1,460,000
2,123,086
300,000
(t)

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

1,700,280
200,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000

500 .tc.
1870 to '72
1873
500 &c.

95,500
500,000
2,801,000

1869
1870
1870
1870
1870

1861
1863
1864
1861
1365

10-30 year
p
i5
not taxable, 20 year
J-"
Columbia—
Permanent improvement, gold, coupon or reg.
1872
do
do
cniTcucy
1873
Fund, b'ds (U.S. guar., Acts Junc,'7.1& Feb., '75)
1874
Market house bonds, coupon
1872
Potomac water bouds, coupou
1871 to '73
Washiugtou funding, gold
1872
Other Washington debt
1828 to '68
Corporation or Georgetown
Florida—
State bonds
1871
Consolidated gold bouds
1873
Loan to Jacksonville, Peusacola <& Mobile BR.
1870
Oeoraia—
Atlantic & Gulf Railroad bonds
Various.
Bonds, act of Mar. 12, 1861) (West. & At. RR.)
1866
Bonds, act of Sept., 1870, gold (int. quarterly)
1870
Bonds, act of Oct., '70, gold (int. semi-annual)
1870
Bonds, act of Jan. 18, '72
1872
Bonds for funding
1873
Bonds to fund coupons on endorsed bonds. ..
1876
KR. eud'sem't8(only $2,418,000 ackiiowledg'd) 1870 to '71
Bruns>vlck & Albany Railroad direct bonds...
1870
:

$168,000
1,941,000

100 Ac.

509.400
877,000

1,000
1.000
1,000

1,318,.500

100 &c.

1,741,100

S68,500

District of

Alabama,

—The commissioners, under law of

1, 1874, to ascertain, liquidate
liabilities of the State on its

and

Dec.

adjust, the legal
bonds, propose substantially that 30 year bonds, dated July 1, 1876,
bearing 2 per cent for 5 yeart", 3 per cent for next
5 years, 4 per cent for next 10 years, and 5 per cent
for last 10 years, be exchangeil for old bond^
without any allowance for past-due coupons. The

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

100 &c.
....

•4,000,000

677,300
13,743,050
152,400
476.000
1,812,300
1,235,824
252,317

1.000
1.000

350,000
884,500
4,000,000

500
500 &c

3,()00,000

900,000

1,000
1,000

2,098.000
1,880.000

250&C.

1,100,000
500,000
7,545,900
li500,000

307..500

1,000

5
5
5

M.
M.

&
&

M.

&.

New

N.
N.
N,

do

1.

London. Union Bank.

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

J.

do
do

J.

&
&
&
&
&
&
&
&

"s'
8
8

J.

&

3.

do

6
7

J,
J.

&
&

3.

N. Y., Union Trust Co.

!«•
8
8
8

7g.

M.

May, -1892
May, 1886
May, 1886
June, 1890
1886
1886
1886
1886
1888
JiXli., 1892

York.

do

June

J.

do

J

Now

J.
J.
J.

York.

do
do
do
do

S.

J.

New

1893
1894

York,

1889

do

J,

1899
1900

do

1382

N. Y., Union Trust Co.

"i'

10

& 3 New York, Latham, A. & Co.
& O. N. Y., Union Trust Co.
& O.
do
do
& O.
do
do
& O.
do
do
do
do
7
& O.
Sacramento, Tre-isury.
7g. J. & 3.
J. & 3.
do
do
1 «• 3.
do
do
& J
6g.
6
Hartford, Treasury,
J. & 3
3. & J
do
do
6
do
6
J. & J
do
do
A. & O.
6
do
do
6
A. & O.
do
«« J. & J. N. Y., First National Bank.
do
do
J. & 3,
3-65
do
F. & A.
do
Washington, D. C.
J. & 3.
7
do
J. & J.
7
6g. Various. New York and Washington.
"i'

J.

7

A.
A.
A.
A.
A.

7
7
7

5, 6, 7-3

6

7
J.
J.

&

8

7

1883
1885
1893
July, 1881
Jan., 1883
Jan., 1884

1894
1885

Oct.,
Oct.,

July 1, 1891
July 1, 1891
Aug. 1, 1924
July 26, 1892
Oct. 1, 1901 to '03
1892

do
N. Y., Importers'

& Tr.B'k.
do

do

J.

& J.
6
P. & A.
7
J. & J.
7 g. Q.-J.
?«• A. & O.
8g.

1899
1900
1900
1900
AprU, 1900

Washinji-ton, D. C.

Various
Q.-J.

Jan.

1903

1,

N. Y., Fourth National B-k. 1878, '9, '80, '1,'6
July, 1886
do
do
Oct., 1890
N. Y., London or Frankfort
Not paid.
1892
N. Y., Fourth National B'k.
A. &"0. N. Y.. Fourth Nat. Bank. Aprin,1875to'86
July 1, 1896
J. & J. N. Y., Fourth National Bk.

J.

Not

&"d.

PoZi/ornia.— California finances appear ti be in a
particularly sound condition. The State holds In
trust for School and University funds the $500,000
Capitol bonds and t3,0B3.(X)0 of bonds m73. Total
valuation of property, 1874, over t600,000,OOD. Tax
rate, 50 cents per $100. As the debt is now practically extinguished, the
Governor advises the
gradual cancellation of the b inds held in trust and
the purchase of foreign sei'urities in their place.
(V. 19, p. 3 of advertisements; V. 19, p. 32.)

commissioners will be in New York in July, and
the exchange of old bonds may be made there till
November, and snbseqnently at Montgomery. Ala.
&Chatt. endorsed bonds may also be exchanged at
Connecticut. —ThQ debt of Connecticut was all
London. Eitiht per cents signed by Governors created for war purposes, and has been reduced
Lindsay and Lewis can only'bj exchanged at Mont- since 1868 from $tO,00),000 to the present figures by
gomery. The State has been In default since Janu- sinking fund pn'-chases. The 1:61 bonds are payary, 1874. The value of all taxable property is given able at pleasure since July, 1871, and those of
at $160,000,000; tax rate, 'V, mils. Tha as.ses3ed since October, 1874.
Assessed va'ne of real and
valuation of roal estate in 1875 was $Si,851,8J2. (V. personal property, $331,785,469; rate of taxation, 1
20, p. 139. Mt, 570, 531; V. 21, p. 27ti, 294, SS, 534,
mill.
612; V. SJ, p. 110, 15', 50% 521.)
.4;*an»o».— Rate of taxation, 5
Us. Uofanded
District of Columbia.— The total assessed valae
debt is mostly held by U. S. The State is in default of taxable real estate in 137.5 was$9.!,45i,684. United
for interest. By the last, assessment for 1872 and States Attorney-General Pierrepont rendered an
1873 the total valuation of property was $101,973,329. opinion that the faith of the United Slates
Interest was paid Jan. 1, 1876, on secured sinking is pledged for the I'ayment of interest on the
fund bonds, issued under the law of December, 1874, 3.65 bonds, but conflietinij leq;al opinions have been
to pay expenses.
A Board of Finance was rendered as to the right of New York savings b-inks
appointotl in January. 1875, to confer with bond- to invest in these, as government securities. The
holders of the S'..ito and ihey issned a notice intere.-t due February, 1876, was not paid till March,
as quoted in V 21. p. 161. See Chbosicle. V. 19, as no apprApriation was made by Congress. The
p- 167, 139, 687; V. vO, p. 13;», 161; V. 2:, p. 465, total amount of .S-ti5 bonds issued to February were
£90.
as above. (V^ 20, p. 83.
See-Also V. 19, p. 15, CI,

l^

m

erroi*

142,

189.

paid.

477; V. 20, p. 333, 448;

Dec, 1890
V.

21, p. 63, 417,

465; V. 21 p. 131.

—Less

sinking fund of $49,900, and J,
Real
P. and M. Iran, the total debt is $l.l!i9,T0fl.
and personal property are valued about $35.00^,000;
tax rate. 7 mills. The loan to J. P. & M. RR. is
secured by mortgage on road, and the quesi ion as to
the Sta e's obligation to the bondholders was before
the United St ites Supreme Court, and decided in
December, 1875, (V. 21, p. 5'Jl). in favor of the
State; no interest has been paid on these bonds
for some years past, and a decision of the State
Supreme Court holds them unconstitutional. (V. 21,
p.liiO; V. 22, p. 158, 2M.)
Oeorgla.—la June, 1876. $10\COO bonds sold to
pay overdue coupons on recognized bonds of Macon
Florida.

lite

& Brunswick and North & riouth Railroads. The
Sta"e Legislature declared void all the semi-annual
gold bonds of 1870 ($1,8SJ,000). and $102,000
of the anirterly bonds held by H. Clews & Co.;
the Brnuswick & Albany bonds. $1,500,000 and all
railroad endorsements, except, $l,950.<O^ Macon &
Brunswick; S19'.0>0 Ala. & Chatr.; $240,001 No. &
So. Oa.; and $3i,000 Memphis Branch. Asse.ssed
value of property in 1874, $273,000,001; in 18:5, SS'il,755.8S4; rate of tax, four mills. Macon & Brunswick
Railroad endor-ement was declared valid by Lcjislature of !S7!. but the later issue of gS)",i:0) was
dcci trod void by thT Legislatu e in 1875. Governor's
Alessago, V. '?2, p. 87. (V. 20. p. 83. See also V.
19. p. til. 350, 375; V. 20, p. 211, 336, 570; V. 22, p.
;

440, 590.)

..

June 24, 1876

.

STATE SEOUniTIES.

]

boUm •( mmr •rrcr

Sub»crlber« will coafer > great ftror by KiTing latmadUt*

DESCEIPTION.

Date of

Size or
Amount
ar
outstandlns.

Bouds.
Por explanation 8«e notes on

flrgt

page of

Va"
alue.

tables.
|

4lae«v«r*4 !• IbaM Tabtoa.
INTKREST.
Prinoln
When
WUoro payable and bjr

Bate.

I

Payable.

llUnols—
Interi!-it bonds. Inscribed
Kcfiiuiliiil Htock l>onds

1847

stock

War bonds
TntlianH

—

Bouds,

1873

loan

sliort

$021,000
288,000
23,000
88,000
142,300

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

Normal Univcralty bonds
Tlii>riiton loan bouds

861 to '09, funding, Ac
Bonds for various State purposes

,

Military loau
X/Oiti.fhDia—
Bonds for relief of State Treasury
lioiuls in aid of various railroads
lAivcii

bonds— Act

:i.j

1861 to '0!) 100 JkO.
1881 to 'OH 100 &0.
1864 to '63

101,176
880,000
346,000

6
7
7

J.
J.

500

132..500

6

J.

1.000
1,000
1,000

578,000
303,000
578.000
792,500
114.700
80,000
87,000

1353

1S85

of

Act 115 of

do
do

18(17

spcciul— .Vet ;ia of 1S70. .
IJonds funding coupons
to Bocuf & Crocodile Navigation Co. ..
do
issued to State Pc^nitentlary
do
to fuiul flimtiiiK debt of Slate
do
to Mississippi & Mexican Gulf Canal.,
do
do to Northern Louisiana & Texas RK. Co.
HCliool Sc .sfiuinarv, beid by St. Trcas.
to N. Orleans, Moiiile & Texiis

do
do

1866
1867
1870
1H66
1870
1869

500
100 4o.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000

1.S70

1809
1S69
18.'57

RK

1870
1871
1869
1874

do
do
N O. Mob. & Ctiat. RR. bonds, end. by State
('ons->Iidated f uuded bonds
do

(In

—

1

,800.000

200,000
53.000
184,000
70,000
2,500,000
873.000
9,018.700

100 &c.

Mtnne

Civil lo.in

bonds

1

War loan bouds
Bounty loan bunds
do
do
Municipal war debt assumed
ilaruland

f

—

Baltim:)re

&

J

g^
.-^
- -r

S*

US

Ohio RaiUo.ad sterling

& Ohio Caual stcrliug
Susini«!;.vjna .t Tide Water Canal
Railroads .and o.^iia!s
E.iste.ru

Shore

Bailiiunre
.\nnapolis

&
&

,

1,000
.500 Ac.

100 Ac.

1830
1837

Railroad

Susiiuehauna Railroad..
Elkridge Railroad

Defense IJouuty Loan
Deaf and Duml) Asylum Loan
Maryland Hospital Loau, 10-15 years

1803
1883
1881
1368

Various.

,

K lilro.ad

Raltiiiiore ik Susiiuehauna
('bcsapc.-ike & Ohio Caual

500 Ac.
500 See.

13.51 to '81

1838
1338
1338

Chesapeake

/

Maryland State Loau

—

1839
1839
1883
1871
1872
1873

1857
1861 to '62
1801
1862
1863
IJ'iunty Fimd Xjoau
:
1883
Bounty Fuud Loan
1864
do
do sterling
1804
War I/oan, sterling
1809
Troy & Ureeutlcld Railroad loau, sterling..
lS5Sto'01
do
do
homo
1861 to '83
sterling.,
do
do
1808
sterling..
do
do
1871
sterling.,
do
do
1875
dollar bonds 1373 to '74
do
do
do
do
do
1875
r^outheru Vermont Railroad Loan
18t;0
N'orwich & Worcester Railroad Lo.iu
1857
lidston, Hartford & Erie Railroad, sterling.
ISOS U> -09
Harbor Land Improvement (5-'J0d)
1874
Danvcrs liUuath*. Hospital
1874
Lunatic Hospital, Worcester
1875
New State Prisons, sterlmg
1875

/«ino!.«.— The debt has
I

late yiars, ani,

been rapidly reduced of
without the addition of new loan*,

soon be extinguished.
The lUhiois Ceniral
Railroad charter tax on earnings contributes over
$100,000 por year to the State revenue. The ass'-ysment of all properly in 1875 was J;1.(M5,52:),8.)6.
Municipalities in Illinois are in poine localities
heavily incumbered with debt issued to railroads,
(V. 19, p. 15, 33, 536.)
vrill

'

'

[

Indiana.— ThaTe are also $13'>,DD0 of war bonds.
There is & question as to the State's obligation to
pay the Wabash A Krie Canal debt. A reference
to the origin of that debt, ari*ing from the State's
compromise with the bondholders in ISlfi, will be
found in the Cuno.NiCLi!, V. 19, p. 491; see also p.
526.
A suit on the question was brought and decree
of sale obtained (V. SI, p. 85; V. 52, p. 104). Taxable valnation, 1875— real estate, 8li'3l,416,973; personal, J33!,6fi1.147; railroads, 8)8,4)8,919; corporations, $4,045,503; tax rate, XH mills.
law permitting towns to issue bonds was passed in IS'S, the
mala ecction being as follows:

A

I

"Section i.— Be

enacted by the Oeneral Assembly of the State of Indiana, That any corporatcd
towu in this State which shall have heretofore, by
the action of its Boanl of Trustees, commenced the
erection of any pulilic buildings, to be nsed as a
market house, engine house or other public purposes, and shali not have the necessarv means with
whicli to complete such building, on the passage of
an ordinance authorizing the same by the Board of
Trustees of said incorporated town, issue the bonds
of such town to an amount not exceeding in the
aggregate $10,000, in denominations of not less than
$50 nor more than $.500, and payable at any place
that may be designated in tlie bouds; the principal
in not less than one year nor more than ten years
after the date of such bonds, and the interest,
annually or semi-annually, as may lie therein provided, to provide the means with which to complete
such
buildings;
pr.mded that such bondj
•hall not be sold at a price less than ninetyImi cents on the doUar, nor bear a g-eatcr
it

500 Ac.

«100&c
£200
£200 Ac
500 Ac.

£100
200 Ac.

1858
1883
1865
1859
rate

of

8

6
7
8

H. A.S.
M. i?N.

5«-

%'
A'.

A
A
A
A

8

6
6

J.

M.
J.
J.
J.
J.

I).

do
do
N. Y.. Wluslow, L. A Co.
<to
do

do

J:

do

Baltimore, State Agent,

do
do
do
do
do
do
do
do

J
J

J

.M.

M.

l^-

J.

5

A.
A.
A.

1,300,000
200,000

£200

3,590.024

5

1.000
1,000

40l),000

•''

•>

5

g.

g.

J.
.T.

J.
J.

S-

«!f.

5

£500

900,000
730,000
1,292.280

1,000
1,000
1.000
1,000

101.000
822.000
358.000
40,000

6

g.
g.
g.

.5g.
5-g.

7
6

centum

A I>.
AN

A
A
A

A
A

ISMIo-M
187-i to

do
do

do
do
do
do
do
do

1006

ISM
1,
1007
lUmh 1, 1875
1886 A 'AS
May

Jan. 1, 1800
Ilarrb I, 1U09

May, lOlU
1800
1000
1897
July 1, 1010
April,

IDll

Jan., 1014

1877 -•78
March. 1»)3
Aug. 15, 1880
June, 1880
Oct.. 18S8

1800
1S90
1885
1880 A 1800
1890
1800
1985
1800
1800
187S A1»
1885 A -SO
April, 1883 to '87

A
A
M. A
J. A
per

Jnno, 1877

,

do
do
do
do
do
do

J
J.
J.

N.

do
do
do
do
do
do

Hay, 1880
July, 18T0
July, 1877 to "re
Julr. 1888
JiUy, 1883

May, 1804
Hay, 1804

Loiulon Baring Bros.

do
do

.1.

O.
O.
O.
J.
J.
J.

do
do

Boston Treasury.
London, Baring Bros.
do
do
,

t

Boston,, TrcTsnry.

J

do
do
do
do
do
do
Loudon Baring Bros.

J.

Bo8t()0 Treasury.

J
O.
.T,

.1

N.

A.J.
J.
J.

Boston Treasury.

J.

AN

A
A
A
A
A
A
A
A
A
A
A
A
A
&

.

Boston Treasury.
do
do
Loudon, McColmonts.
,

July, 1880
Off.. 18«8 to "00
April, 1800 to '04
April, 1882
July, 1891
Jan. 1. 1895
July, 1891 to -04
July. 1893
April, 1><90
July. m77
Jan. A July. 1000
Jidy, 1894
July. 1804

May, 1805
1, 1895

Jan.

J. if. Y.,

Am. Exchange Bank,

July. 1878

J

do
do
do

July, 1870

N.

J

18,8 A-SS

do
do
do

May, 1800

Jf.iin*.—The slaking fnnds. Jannanr, I8T5. retotal debt to a net amonnt of $5,(79.6^
Valuation of total taxablcs in 1S7\ $aM.(inn.oae;
tax rate, 5 mil:?. Oovemor's masMge in V. %i, p.

duce the

ATanjos.— Kansas has but a small State debtj bat
the issues of municipal bonds have been large. An
extract from the State Auditor's report was given In
The valuation of real aud perV. yo, p. 14.
sonal property in 1375 was $141,514,341; tax rate. 6.
mills for State purpDses and an avoraae of 3.78 per
8100 for al purposes. State funds hold $759,*i0 of
the bonds. (V. 83, p. 14.)

Zo'/i«o;a.—The funding

bill passed Jan. 51. 1874.
per cent of the face value.
For coopons lacking on bonds funded, similar coupons are cut from the new bonrts s led; interest on
consol bonds is paid in New Yo k, but no interest paid on bonds unfunded. These codboIs. were

down to

kf>

i

New York Stock Exchange, May,
principal bonds not fundable are,
RR. bonds; $IS.000siho d; $330.0aOMIss.
A Mex. Gulf Cinal; $80,000 Baoaf A Cr. N»v.:
$87."),OO0N. O. M. A Chat, enilorscd; and $3.EO0 0DO
N. O. Mob. A Texas. The same tax of 14X mills.
in t375 as in 1374 (in 1873 the rite was aij< raOlj )
The total assessed value of real estate ia HIS was
$150,507,073; personal, $40,31.^547; of which New
Orleans had tOilia.SOO of real and »*i,US,83.5 of
The gro-s revenue in 1S75 was $3,'186,IM
personal.
and expenses $.!,18">,707. The $2,50(1,0011 bonds to
N. O. Mob. A Texas Railroad have been declared
void by State Supreme Court, but a re-beariuz
admitted to

The

$111,003 of

& 110,

1883 to tM
1870 to -M

6

A similar law was passed for count'es, which, referring to contracts that have been made for pulilic
imildlngs, Ac. says that in counties wiiere such
conlr.icts Iiave been so matle, the board of commissioners of such counties are authorized to issue
bouds to an amount not exceeding one-half of one
per centum on the assessed valuation of the proaerty of such county, in addition to any loan for said
purpose for whicli bonds m.ay have been heretofore
Issued, negotiated and sdd. (V. 22, p. 309.)

(V. 2D, p. 78, ft). 47il. 5S1. 546; V. «l, p. 15,
159, 831, 439, 535, 613; V. 3», p. »».)

granted.

do

Louisiana Nat. Bank.

Loudon, Baring Broa.
do
do

A
A
A
A
A
A

annum."

1S75.

C,

J
J

6

1,500,(M)0

scaled the debt

do
N.

ACo.

do
ds
do
do
Augusta and Boston.

5
3
6

5g.
5g.

per

N. Y.. Wlnslow, I^

U.

A.

5,.5:)8.912

eight

LouUlona Nat Bank.
do
do
do
do

A.

A

F.
J.

S«l^\^%^-

than

J.
J.

A Co.

do
do

Augusta and Boston.
Busiou, Suffolk Bank,

6

£.-00

1.1)00

I

lS7ft-7t

Various
M. A 8.

6

000.000
888,000
200.000
4.379,500
4,000.744
999,941
554.1 80
900,500
2,952.400

400,000

Jan.,]
Jan.,

7-30 U.A 8. N. O;, Loulslaua Nut. Bank.
A. A O. N. Y., Wluslow. L. A Co.
8
Various N. C, Cltliiens' Bank of Ijx.
"s'
N. v., Wluslow, L. A Co.
J. A J.
8
A. A O.
8
7
N. Y., Wlnslow, L. A Co.
J. A J.

1.000
1,000
5.000
i.noo

interest

A
A

J.
J.

435,000
156,815
31,069
260,000
528,785
298,485
62,015
3,333,583
225,000

700.000

J. N. O.,

8

2,028,883
2,551.444

50,000
220,000
1,424.000

500
1,000
1,000
1,000
1,000

.-

6

3.30,000

1,000

do
do

J.

\wn

Tarlaoa
vanaoa
JaD..r^"
sD..tMO

do

N. Y.. Douiiell, L.

J

Varluus
Vnriuiu
M. A N.
M. A B.

8

6
6

454,361

Hack Bay Land« Loan
Union Fund Loan
do
do 'do
Toast Defense Loan

A
A
A

Jan.,

do
do
do

Mow York.

Various
Various
July.

71,000
383,000
307,000
2,330,000
2,827,000

100 Ac.

linsaach tmeitu
Lunatic Hr)spital (Western Massaobiisetts)

Michljan—
Renewal Loan Bouds
Two rtlilliou Loan
War Bounty Bonds
Salute Marie Canal bonds

7A8

010,000
3.904,738

—fund bouds (uou-negotlable)

Bcind-i, 1

do
do
do
do

6
e
6

5,000

Siilioul

Kanxfts

Am. Exobann Bank,

N.T.,

a

6J.

Maryland.—The assessed valnation of property la
1875 was $4?7.T5.')..39.3, on which the rate of taxation
in I87f) is ITli cents per $100; income from dividends
r.iilroad. canal and other stocks owned by the
State was $i:)3,4'I. The State has largelv assisted
canals and railroads, and holds $4.7K7.S X) of stocks
and bonds of commnies psyin.; intcre.st p'omptly,
leaving only $.5,91»..5'<3 or debt without any offset;
the State also holds $5*2,555.138 in nnprodnctive securities. On two investments only, the Comptroller
says that the Stat has met no loss. viz.. the Baltimore A Ohio and the Columbia A Port Deposit railroads.

on

'

lfi»>aeAuM</«.—Oovemor's messace on finaocea,V.
All Interest on the fandsd debt of
p. «1
The credit of
is paid in coin.
the State stands high In London and at keoM,
Darinx 1874 the debt was increased tXl.400,
The stnkiag foads fai
and in 1S7.\ $4,500,000.
January. 187a, wei« 81I.7SS.SP9. TheHoosac taaaat
has cost the SLate over $14,500,000. Real aatata
petiMal, lain
1375. $1,S1I,0SI.SM:
assessed
eluding bank shares. $S6a,81MU: tax rata, I'M
mills; deposits in savini;s banks, $S37,gt8.96S: corporation property (above lesl estate and machinery),
B. Railroad was
$34,513.6)1. The loan to D. H.
secured by dep wit of $8,8W,n00 "Berdell" mortgan
for
new stxk. (V.
bonds, afterwards exchanged
50, p. 336, 5il; V. 11, p. «n; V. S», p. «t)
55,

Massachusetts

A

ilicMtan.—Thii debt has bean larsely dinlaishad
Asssiied Taloalion of real
1871-75, $'*).000,0ao. and Ux
rate 3 V mills. Surplus rerenaa Is applied to pv^
chase of bonds, (v. 30; p. 19.)
:

few ycacs.
and pjrsonal prjp^rty,
In the last

.)

-STATE SECURITIES.

Tl

[Juno 24, 1876.

Sabaeribera will confer a afreat Oivor by slvlnz Immediate notice of any error discovered In tUese Table*.

DESCRIPTION.

Date of

Size or

Amooiit

Bonds.

par

oatstanding.

Value.

For oxplaiiatione sec notca on tlrst page of tal>lca

INTEREST.

When

Rate.

Minnetola—
1867
1868
1869
1873
1858

State Building Loan

do
do
do

do
do
do

coupon

Railroad Bonds (not recognized)

MUsmiri—

State bonds
Consolidated bonds

University and Lunatic Asylum bonds
State Ban K stock refunding
Bonds to North Ml.isouri Railroad
Bonds to('airo & Fulton Railroad
Bonds to Platte County Railroad
Bonds to Iron Mouiit.'ini Railroad
Pacitlc Railroa<l of Missouri
Southwestern Branch Pacific Railroad
Funding bonds

Renewal bonds, coup., 5-20s, (act Mch. 29, '7^
Hannibal <b St. Joseph Railroad
renewal...
do
do

$100,000
100,000
50,000
250,000

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

1865 to "ee
1868
1872
1874
1854 to '58
1857 to '59
1859 to '60
1854 to '59
1853 to '59
1857 to '66
1874
1875-6
1853 to '57
1874

7

2,275,000

7
7
7
7

439,000

6

2,727,000
401,000
104,000
2,745,000

6
6
6

2,161,000
3,735,000
1,455,000
1,900,000
5,655,000
2,715,000
285,000

1871
1872

1,000
1,000

160,000
800,000

1861
1864
1872
1873

418,000

J.

100 &c.
100 Ac.

600,000
2,206,100
500,000

J.
J.

100 Ac.
100 ic.
100 &c.

900,000
900,900
593,400

6
6

1,000

1,057,000
9,895,500
561.500
800,000
1,537,887
473.000
880,000
1,562,900
847,500
4,302,600
2,000,000
66,443

7
7

6
6

6
6
6

Nevada—
State iKinds
Territorial bonds
Ifeto

War loan, coupon bonds
do

do

State bonds
tfeto

1,000
1,000

A 10
9>a

bonds, tax free

do
do

1861

do

do
do

1863
1864

taxable

York—

Bonnty loan bonds, coupon
do
registered stock
do
General fund debt^Astor stock
1827 to '32
do
do
do
deficiency loan
1848
do
do
do
do
1848
1875

^"""
CftTial

Under

flaht
"•"''' i

Art. 7, See. 3, of Con
and Art. 7, Sec. 12.

Btitution

1

So

1872
1873
1873
1874

P5-8

Comptroller's bonds (by Rev. Stat's)
North Caro/irt«—
Railroad and improvement bonds, old
do
do
do
old
RR. and improv't bonds, new (not special tax)
do
do
do
do

500 Ac.
500 Ac.

Funding bonds, since war
do
do

1866
1868
1867
1868

Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds

OAto—
Registered loan, payable after 1875
do
do
June, 1881
do
do
Jime, 1886
do
do
Oreffon—

1850
1860
1856

1849
1852
1852
1852
1852
1853
1867
1807
1867
1867
1867
1867
1872

May 4

Registered, loan, May 4
Coupon loan of April 19 ($35,000 are reg.)
Stock loan of Feb. 2 (registered)

do
do
do
do
do

do
do
do
do
do

. .

(registered)

(coupon)

(registered)
(registered)
(registered)
Agricultural College land scrip

—

6

6
6

g.
g.

A.

5A6g.

400,000
395,000
87,000
2,812,000
455,500
273,000
88,350

6

J.

6
6

J.

6

J.

A.
A.

6
6
6
6

A.
J.

A.
A.

6

?»
5 g.
4 Jag.

I'-

7,521,5,'')0

6

7,369,000
90,400
9,251,850
723,950
500,000

5
6
5
6

AO

F.
r.
F.
F.
F.
F.
F.
F.

A J
A O
A J
AO
A J
A O
A J,
A O.
A O.
A J.
A J.
A J.
A J.
A J.
A
A
A
A
A
A
A
A
A
A
A
A

1872
1873
1874
1875
1576

&

m

Nevada.

—The debt of Nevada

is

hardly more than

nominal.
debt of New Hampshire
created for war purposes, and is being rapidly
reduced. The Municipal loan of 1872 was issued to
cities and, towns, the proceeds to be used in reducing
tlicir several war debts, which the State thus as-

New Ho.«p«Air«.— The

was

;

SUte Ux, S^

is also

to Ijong Island Railroad,

1871

1,599,930,168
1,641,379,410
1,692,523,071
1.7.50,698,918

392,652,814
434,280,278
452,637,732
147,248,035
437,102,315
418,608,955

1,960,3£2,703

407,427,.S99

1,5,32,720,907

9'i
6 95-100

1^
6

311-84

For the present fiscal year, 187o-fi, the tax rate
of 3 11-24 mills reduces the rate of 1875 nearly onehalf; this is partly owlnj^ to the considerable
reduction in the Bounty debt, and the increase
of sinking fund resources.
It appears that the
value of real estate by local assessors in 1674 was
$1,750,693,918, while the full value, as estimated by
the State assessors, was $4,168,330,757. 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 24
mills on the $1 of assessed valuation. In 1874, the
local debts of cities in New York State were $137,539,6.9; of counties, $46.68),264, and towns, $25,140,181.
(V. 19, p. 350; V. 20, p. 28, 60, 615; V. 22,
p.

63,

471.)

mills.

$68,000 contingent debt
$7,361 per annum for

SUte holds $3,000,200 stock and receives dividends thereon. Other interest in default. A funding bill passed the Legislature March, 187S. (See

New Jersey.— The debt was created for war purposes. Of the first two classes of bonds the principal is payable $100,000 per year. Valuation of real
and personal property in 1675 $612.;S1,094, against
New yiw*.— There

$1,097,564,524
1,158,32?,371

State tax.
2)f
4 53-80
7 41-156
5 79-120

North Carolina.-r-'SoTth Carolina
is
heavily
burdened with debt, i« proportion to her taxable property. A lengthy extract from the "Treasurer's report was given in V. 80, p. 84.
Total
property was assessed in 1872 at $123,507,628, a
low valuation. Interest Is paid on bonds issned
to North Carolina Railroad ($2,800,000), as the

sumed.

$619,097,938

1859
1885
1870

:

Personal.
$307,319,155

and

New

Jan., 1877 to '84
Jan., 1886 to '96
Jan., '97 to 1902

1877
AprU, 1877
At will.
July, 1878
At will.
Oct., 1893
Dec, 1877
July, 1887
April,

1,
1,
1,

1883
1881
1892

On demand.
1868
1868
1868
1868

York.

to
to
to
to

'98
'98
'98
'98

Jan., 1900
Oct., 1898
Indefinite.

1898
1898 to '99

York.

Oct.,

American Exch.
do
do

B'k,

do
do

Jan., 1870
July, 1881
Jan., 1887

1884
1880

State Treasury.

Farm.
do
do
do
do
do
do
do
do
do
do
do

July, 1876 to '78

Oct.

do

Phila.,

J

July

Raleigh, Treasury.

N. Y.,

1^1

Jan.

do
do
do
do
do

New

8«

1876 to
1876 to
1876
July, 1894
1895-6
1875 to '87

A Mech.

B'k.

do
do
do
do
do
do
do
do
do
do
do

April, 1879
July, 1882
Julv, 1882
Aug., 1877
Aug., 1877

Aug., 1878
Feb., 1877
Feb., 1877 to '82
Feb., 1877 to '82
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892

Harrisburg Treasury.

l/t««ourf.— Valuation of real and personal property
in 1375 was $.549,593,471, upon which the tax is 4)^
Railroad property was assessed at |54,849mills.
312, as returned to County Courts; but at only
$19,881,141, as returned to the State Auditor in
1875.
The State had $1,438,(100 bonds maturing
in 1875, and $3,907,000 in 1876.
To provide for
these, a law of 1875 authorizes the sale of new bonds.
The Hanuibal St. Joseph Railroad provides for its
own debt. Bonds falling due are paid in currency,
pursuant to a resolution of the Legislature, althoujrh
«ome of these bonds are payable by their terras "in
"gold or silver." (V. 20, p..S3. IBl, 290, 313, 33a,
477; V. 21, p.277; V. 22, p. 83, 591.)

!870 to 1874

do

do
do
do
do
Albany.

J.
J.

Real Estate.

do

do
do
do
do
do

§»

7
7

and from

do
do

N. Y., Manhattan Bank.
Albany.
N. Y., Manhattan Bank,

Indian annnltles. An abstract of the Governor's
Message was piven in.V. 22, p. 61, showing a net
reducuon of $i,744,505 in the debt for year ending
Sept. 30, 1875. The followinE; were valuations and
tax rate for State purposes in the years 1859 and
1865,

J

g.

Minnesota. All the State bonds are now held by
the permanent school fund. Minnesota is usually
classed among the States which have avoided their
obligations, in consequence of her refusal to recognize the "State Railroad bonds" of 1858 to the
amount of $2,275,000. There seems to be a growing
feeling in the State that those bonds should he
icknowledgeil. See Governor's Message, V. 2i, p.
Property valuation, 1875, $213,856,143. of which
6.3.
S46,16S,4ti7 was personal; tax, 21-10 mills.
(V. 19,
p. 493; V. 22, p. 567.)

Year.

do
do

J.

to '88
to '89

Sept.,

Trenton and Jersey City.

J

5A6g.

26,500
200,000

Ac.
Ac.
Ac.
Ac.
Ac.

J

1876
1877

1889 to '9a,
9a_,

1884 to '89
Jan., '92 to 1905
1879 to '80

do
do
do

Albany.

J.

50
50
50
50
50

do
do
do

do

6
6

1,000
1,000
1,000
1,000
1,000
50 Ac.

J.
8.
J.

1883
1888
July, 1892

1881 and
March, 1887

do

N. Y. Manhattan Bank.

606,884
4,072,640
2,400,000

1870

do

do
do

J.
J.
J.

100 Ac.
100 Ac.
100 Ac.

Bounty bonds
Willamette Canal and Lock
PeiinsylvanUt—
Inclined plane loan
Couiwn loan, April 2, ($28,000 are reg.)

Bank of Commcree,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
N, Y., B'k N. America,
do
do
Y.,

<3oncord or Boston,

1,000
1,000

100 Ac.
100 Ac.

do
do
do

A
A
A
A
A
A
A

4,738,800
3,639,400
2,383,000
1,695,000
2,417,400
1,711,400
383,045
44,000
11,407,000

1,000
1,000

1877
1878
1879
1883 to 1903
Dec, 1887

Paul, Treasury,

do
do
do

State Treasury,

M.

6

St.

Various
M. A B

Jersey—

War loan
Neie

91s

Hampthire—

Municipal war loan

J.
J.
J.
J.
J.

6
6
6
6
6

Principal— When
Due.

Whom.

A J.
A J.
A J.
A J
& D.
A N.
A
A
&
A
A
A
A
A

J.
J.
J.
J.
J.

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

392,000
504,000

Wlierc Payable and by

Payable

Chrosicle, V. 20, p. 336.) In New York, bonds
are classified thus; "Old," being those Issued prior
to May 1, 1S61, coupons on from Jan. '69; "N. C. R.
R." issue of t2,800,000 to that road, coups, on since
Jan.
April, '69; ^ame "coop, ofiE" have had 7
coups, paid; "'funding act '66 carry coups, Jan.,
" funding act "
"68
'69;
carry coupons April,
'69. " New "—authorized before war, except $1,.500,000 in 1868; "Special tax, Ist," carry coup. April,
'69; "2d"coup. of Oct. '69; " 3d " coup. April, 1870.
(V. 18, p. 166, 639; V.20, p. 84, 161, 883; V. 21, p. 670.)

&

—

Ohio. Ohio has a very small State debt, bnt
large local debts, amounting in 1375 to $25,957,588.
Valuations in 1874 were Real estate iu cities, «fec.,
$,366,031,721; other, $696,883,383; personalty, $536,660,M8. Tax rate in 187.5, 3 2-10 mills for State, and
an avtraste of 2.> 9-10 mills for local purposes. Of
the 1875 loan above. $868,8:30 was paid Jan. 1, 1876.
and the balance April 1. Report on State and local
debts, V. 83, p. G4.
:

—

Oregon. The debt is provided for by sinking
Taxable property
funds, payable from land sales.
mi" '"*

X

iu 1875 was assessed at 841,197,149;
was laid for Relief bonds and 1 mill for

Bounty

bonds.
Pennsi/lvaniy..—Total debt Nov. 30, $23,233,137;
available assets, $9,400,572; net debt, 813,766.661.
The financial system is remarkable in Pennsyivani*,
in the fact that no tax is laid for State purposes on
Revenue is raised from numerous
real estate.
sources, principally from corporations. Taxes are
levied on personal property, which was assessed at
$169,382,242, and the tax was $574,817 in 1875. State
expenses have lately exceeded revenue, snd sinking
funds have been diverted to meet the deficiency.
The State holds $1.754,.321 In stocks and $10,664,381
Interest is paid in gold on all tl«
f f railroad bonds.
State debt issued prior to 1867. Any coupon bonds
may be changed to registered. The bonds due in
1877 are payable at any time till 1882; those of 1883
22j). 64.)
Ull 1892. (V. 21, p. 187;

V

. .

.

^

STATE SECURITIES.

Jun2 24, 1876]
sobaoribers will oonOer a sreat lavor

DESCRIPTION.

bjr

striae lasaiaAlst* moU** oI

Date of

Size or

Amouut

bunds.

par

outatandlng.

Forexplanatlona aou notes on first page of tableSc

Hlana—
War bond

INTKRK8T.
Where purable Mid bjr
Payable
wuom.

Wb«n

Rate.

value.

««r crr^r 4l*a«v«r«4 la Ihaa* T«Hf-

\Khoitf
I

1862
1863
1863
1864

do
do

,

do
Ijbutt Carolina—

1863 to '54
1866

bonds
KiuidiiiK bonds and stock
Blue Kiilffc Kuilioud bonds

do

bills

p'uudi iij;

bank

S00,d(0.
1861)
500,<S!C
1809 to '70 500,4[C

bills

and stook

1838
1838

Fire loan bonds, sterling

do

sto<*k, donicjitlc

state Treasury
COBSolidated bDMilH, lonii. (Funding act)
stock (Fuudiug net)
do
Railroad endorsements

Bonds— Relief
!

New

funiling bonds, act of

1,000
1,000
1,000

1868
1868
1868

Laud connuisslon bonds
I

50,dM)

18.'54

receivable

Piiyniciit of intiircst

Oouvci'sion bonds

1,000
1,000
1,000

1794
Varioua
l836to'fil Various
1.000

State Htock
8tat« House stock

Fundiiig

*1,000

1873

1874

Bonds,

Various
Various

Various.
Various.
Various.

1,000
1,000
Various
i,()6o

. .

1806 A '71
1874
1,000
Fnndin:,' State warrants, act May 2, 1874
1870
1,000
Frontier defense, gold, act August .5, 1870
1871
1,000
Revenue dellcieney bouds, act May 10, 1871
act Dec. 2, 1871
1872
do
1,000
do
1874
1,000
Bonds, act Mar., 1871 (tor paying float'gdebt)
1874
100
Veteran Pension bonds, act Aug.,'7aifeApl.,'74
Ycrmont—
1862
.SOO.ic.
War loan bonds, coupon
186'2
registered
500,40.
do

Fuud ills! 8t.itc debt

Virainia—
1851 to 'CO
Old bouds, cflupon
18.51 to '06
registered
do
1851
sterling, not required to bo funded
do
1871
Consol. (Act Mar. '71) coup, tax receivable
1871
do
rog., eonv. Into coup..
do
1872
(Act 1872) coup., not receivable
do
do
reg.,
do.
1872
do
1871
Deferred certificates w. Va.)
1871
Interest on sterling debt, funded (Act 1871).
Arrears of Interest unpaid Sept. 30, 1875
.'

(

Bhode Island.— Ttie debt was all created for war
The
purposes anil is being steadily diminished.
valuation of real and personal property in 1873 was
}it7,7»S.5jO. and tax rate 3U cents on (100.

—

The Governor's messaae on finances
The funding law approved Dec.
provided for scaling down the old debt by
giving new bonds to the extent of 50 per cent, and
aeclared void the convercion bonds to the. amount
Tue January, 187«, interest was
of t5.»65,n00.
paid on consolidated bonds in April, isrs. Total
vahuUion of all property— in 1875. real estate,
tfiS.m.aiS: personal, He.fJl.lWfi; rata of taxati.m
in 1S74. U. mills. (V. 40, p. 81, 341, 291, :«(!, 547;
So. Carolina.
in V. 21, p. 5';5.

i

V.

187S.

—

On
Tennessee.
interest

ment of

1,

the

first

July,

1874.

the pay-

was resumed, and the interest
1675, was paid by heip of a

loan of S-iOfl.OO', but default azain made July.
1375. 'The Governor's letter in December. 1875.
on the finances, diacouraaed the expectation of
furtt^r payments soon, and suggested "rcaling."
The law passed In March, 1S73, provided for
funding all outstanding, legally issued bonds, due
between July 1, 1874. and July 1, 1JS4, as well as
all

J.

»

F.

3g.

370,.'H)0

g.

piiat-dne coupons,

Providence, U.

«

fti4.300

&

22,000

6c

do
do
do

Harofc. tn«
April,
July, isn
Au«., 1W4

18M

Columliln, 8tat« Tr««sui7.

do
do
do
do
Columbia and Ifow York. July l,|)UI7la*irr

4t

&
&
&
&
&

««•
2"-

U. A T. Go.

I.

do
do
do

Q.-J,
"

f
6

A 8
AO.
A J.
dt A

(,'iilumbla,

July l,l879toT»
Troaaury.
July I, IWM
New York.
July I, IHttS
do
July 1, 1H8«
do

Columbia and
du
do
do
do

do
do

July

1,

lliSt

r/>ndon

21H.423
10,000
3,670,000

(k>hmil>la.

J/&
J. &
J. &

6
6

14-.),254

6,222,000
16,289,000
1,03«.000
1,074.000
390,000

6
5<S(

J Columbia A Kt«. Agen. N.Y
New York or Columbia.
J
do
J
du

500A0

1

Vari's )
.£100cSc
lOO.ic.
lOO.&c.
100,Ao.

6

J. M.
J.

J.

ic

J.

H.&
J. Jc
J. &
J. A
J. &
J. &

10

."iOO.OOO

1,070,357

7
10

144,000
168,000

6
6

g.

and coupons maturing on

or before Jan. 1, 1874, in a 10-40 year 6 per cent
bond. The total debt given above is, subBtautiallr,
acc.irding to the last report of the Comptroller,
January, 1875. The Comptroller estimated debt of
solvent railroads at $.3,288.8%; due from purchasers
of railroads then sold, $'n2,0C0; value of Knoxville
& Charleston road, $100,000. The State's endorsements for railroads are $1,801,000, of which $1,560,000
Total valuation of
is taken care of by the roads.

J

doj

D.
D.

6

6

do
do
do

York.

Jnlr 1, 180*
1888
July 1, 18M
Julr

I.UW

New York aa

"old,"

haWng coupons

;

7'«»i».— The

-tate Comptroller, In February,
rijorted total funded debt $1.219,7.^7; floating
'

dou

tful

Jaljr I,

IBU

1879 to lOM
1900
1875 lo 1900
Taiiuua.

1877 and 18B1
Jan.. IfWl
1910
Sept. 1, 1878

18M
Monb 1.1004
1804
187510 78
187» 10*90
issoto-**
At pleasur*

1888
1900
190S

do
Iiondon, Baring B.

$281,000,000, and railroad property,
rate of taxation Is 40 coats on the

b.mds of

do
do

Richmond, Treasury.
London, Baring B. <t Co.
Richmond, 'Treasury.
do
do

6

l,10(i.093

YortL

ilo

New

15,239,370
212.833
1,199,861

New

Boston, N. B. Hut. Bed's.
Montpeller, Treasury.

I
6
6

100,A;c.

debt. $')4.%'37, and

3

do
do
do

8
J

f

2,331.250
19,030.000
1,207.000
1,561,675

of July, 1 (>'.>; Old "ex coapjn," have only the
coupon of July, 1875; " New," issued since 188i carrying coupon "f July, 1869, " ex coupon" July, 1875,
only; ' New Series," the new funding bonds. (V.
18. p. 14.3, SI7. 850.497: V. 19. p. 167; V. SO, p. 14, 84,
IBl, 28i, 49:
V. 21, p. 87, 313, 614; V. 22, p. 472.)

l=7i>,

N. Y., Fourtb Nat. Bank.

•7,092,399

The

do

Various N. Y., Bank of
do
J. & J
do
7g. M. Jt S

1,000,1)00

Tennessee bonds, sold

Fourtb Nat. Bank,
do

Y.,

6
10

200,000
499,000
697,000
279,000

in
are those Issued before 186-^ and
lOi).

&
&

6

5

Various
Various

real estate,
rSI.OOO.nOO.

J.

J.

6

5,5>4,

validity

remaining in hands pf State Treasure', $8l2.2IU.
ttixable property in 1874 was
Tax rate,
*aj0,'(VJ,7.i9. against $21 .841 m) in 1874.
Comptroller's
report we have the
50.
Prom the
following statistics for 187o:

The valuaticm of

31, p. 489, till.)

due January

A.

6

23.884
520,346
240,000
401,700
680,000
177,000
201,000

Tejcas—

a-3,

6

4,797,608

Bouds leKlsterod, ai^t of 1873
F'undalile bonds and coup, not yet presented.
ri:^'l8terablc, not presented
Held by E.T. University (not to be fuudod)

M.

6

481,1)44

186S)

1873
1873

$1,010,000
205,000
668,000
746,000

Prtaoin

Total value of taxable property awasaed. I JtO

8.'>3,7..8

1.254.'45l
Statetax
1.<8..3!J
Poiltax
l,SI5»,l-4
County taxes
1,4«
Mileaof RR. in the State ass'd for taxe?.
.... $16.60S,IJi
Value of railroads
No. of acres of land assessed In the State li(i.637 950
44.666,937
Value of lots assessed in the State
(T. 19, p. 15, 117, 24a; V. 20, p. 84; V. 22, p. 281.)
.

rermon<.— This State has a very small debt—all
created for war purposes. Of the registered bonds
The
$l:!.i,.'500 are held for Agricultural College.
sinking fund, Aug. 1., 1874, was $37,984.

Con
isios

ths* coupons of the funded bonds should be receirable fur State isxc:i. For t-S of lbs old bonds a
new bond was issued, and fcr the other \ a deferred
certificate given (as the proportion due by Weat
Virginia). The act of 18:2 amended that of \m\ by
not allowing coupons to be received for taxes. All
the amounts marked (•) may be funded under the
amended act of 18:2. The sinking fund holds t2.<4<,All Intanat
98' of State bonds and ccrtlAcatcs.
over due and unpaid to Sept. 30, 1875, ;on the basis
of 4 per cent.) was $1 l!»».8«t. A part of the Interest due July. 1S74. has been paid sinre Jao I, 167V.
Assessed value of property Is 109,424,152: lax rale,
5 mills. The circular of Mes.>rs. Branch & Co.,
bankers. April, 18:1. said: "The Leyislatore baa
adjourned, and no law in any way sffectinf the
bonds of the State baa been pesaedrif we except a
cla;i>^! in the tax bill subjecting the conponscnl
from bends held by a non-resident of the State to
the same tax as hns heretofore been dedacted from
coupon.s held by residents. This tax amoants to
$170 on each coupon of $30, or live and Iwo-Hftba
per cent -the coupons being received at M'bO per
cent of their par value In paj-ment of taxes. 'The
debt for money borrowed to nMet
State is siill
temporary deficiencies in the revenne; and the payments to the sinking fund have been snspeaded, as

m

payments of Interest of .loly, 1874, oa the
nnn-consolidated debt. The ux bill ineladassotM
additional subjects of taxation, which will make a
small increase in the revenue, bat it is now oertaln
that no cash payments will be made darteg llie
present year on account of interest, except that the
small balance due on July, 1874, Inlarsst nay bs
p«id." Auditor's report, V. «l, p. tlA. (V. IK, B.
J»i 502, 5a«, 582; V. 20, p. 14, SM, S9«, 3T\ MT.
also the

V.
Virginia.—Tba Funding act of 1871 provided

& C'k

21, p.

fS^

604.)

..

CITY SECURITIES.

p' viii

Snbserlber*

tvlll

confer a great fkvor bj kItIhg: Immediate notice of aur error dlaeorered In theae Tables.

DESCEimON.
For cxplauatioiiB sec notes on

first

Date of

Size or

Amount

Bouds.

par

outstoudlug.

Value.

page of tables

Albany, N. I'.—
Albany A Northern Railroad loan

for various purposes
City bonds, ta.\ fi'ce

New York.

—

2,000,000
100,000

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

7,306,546
5,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
500,000
891,646
137,414
800,000
2,000,000
1,000,000
473,900
1,015,300
200,000
500,000
1,375,000
117,000

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

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

187,000
100,000
300,000
1,000,000
814,000

Boston, Merchants' N. B'k,
Boston or Bangor.
Boston, Merch'ts' Nat. B'k.

£100 Ae

583,205
4,296,800
16,809,175
4,997,603
3,559,600
438,600
121,500
1,196,000
1,318,000
322,640
470,000
394,000
2,248,000
688,000
1,940,711
700,000
405,000
375,000
350,000
100,000
648,000
366,000
1,452,000

Various.

1876
Various.

...

Water loan

18.'54

Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park iniprovenient loan,
millii
loan to Baltimore A Ohio RR.
Five milliun
One million loan to Pittsburgh A Cincin'ti RR
New City HaU
;

1863
1865
1860
1863
1853
1853
1868
1870
1874
1864

do
do

do
do

Consolidated loan
Court house loan
Funding loan

1870
1874
1872
1872
1873
1872

do
Western Maryland Railroad
Jones' Falls
Valley Railroad
Patterson Park extension

Ac.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
Ac.
&c.
&o.
&c.

100 Ac.

Endorsements for York A Cumberland RR...
do
do Western Maryland RR
do
do Union Raih'oiul
Bangor, Me.—
City debt proper
Municipal loan

Water loan l)imds. coup. (Act Feb. 22, 1875)
European A North American Railroad
Bangor A Piscatsuiuis liailroad
Boston

—

Renewal city debt, sterling
For city purposes, war debt. Ac
do
do
do
Burnt district, sterling loan
Consolidated street improvem't, sterling loan,

Roxbary

debt, assumed
Dorchester debt, assumed
Charlestown debt, assumed
Mystic water debt, assumed
Brighton debt, assumed
West Roxbury debt, assumed

Water loan, new main Brookliue Reservoir.
do
Chestnut Hill reservoir

1853
1852 to '6.1
1864 to '76
1873
1869
1860 to '64
1861 to 'OS
1857 to '73
1862 to '76
1860 to '73

1,000
1,000

£100&c
JEIOO&C
1.000
Various.

500 Ac.
1,000
Various.
Various.

1858
1,000
1865 to '71 1,000
do
renewal of loan due '70-71 all reg.
1871
'72-73
do
do
1872
£100 Ac
Water works, Roxbury, coupon and registered 1868 to '70 1,000
do
Roxbury A Dorchester
1871 to '75 1,000
do
Dorchester, all registered
1871
do
W. Roxbui-y A Brighton, all reg 1875 to '76
do
do
coup, and reg.
1876
1,000
Additional snpplj' water
1872 to '75 1,000
Various jnirposes, for wute^r works
1871 to '74 1,000
Water loan bonds, gold, coupon or reg
1875 to '70 1,000
.

.

,

/ rooklyn,—

Debt of Williamsburgh, local improvement.. 1859 to '61
Brooklyn local improvement loan
1801
Mount Prospect Sauare loan
1857
Soldiers' ai<l fund loan
1865
National Guard and Volunteer Firemen's loan
1864
Tliird street imi>rovement loan, local
1807
Gowanus canal improvement loan, local
1860
Bushwick avenue
do
do
do
1865
South Seventh sti'CCt do
do
do
1866
Union street
do
do
do
1867
Fourth avenue
do
do
do
1862
do
do
do
do
1867
Wallabout B.ay
do
do
1867
Bedford avenue
do
do
local.
1867
Kent avenue basin do
do
1869
New York Bridge lo.^n, registered and coupon 1870 & '76
B'dsfor coinplet'n N.Y. A B'klyn Br., cp. orrg.
1876

—

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

do
do
do
do
do

m

Income
Per centage.

—

Bangor, 3fe. The valuation of real and personal
property is $n,05>,ail; rate of taxation, 2 .50 per

do

do

Bank

Baltimore, Fraukiin

do
do

do
do

London, Baring Brothers.

1895
1890
1886
July
1884
April 15, 1900
March 7, 1902
1885
Jan.
Jan.
Jan.

At will.
1900
1894
1902
April
1900
Oct. 31. 188C
March 8, 1892
Jan 1. 1877
July
Feb.
Jan.

to '83
to '92

1878

$9,721,016

$8,527,872

City and County
State

1876
t8,.'i27.872

OO

742,932 00

lS76to'99
April, 1901
Oct., 1902
1880 to '99
1901 to 1905
Jan., 1901
Jan. A April, 19C

1902 to 1904
1901 to 19(M
Oct., 1905

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

$8,279,487
247,385

1876 to '92
Jan. 1,1894
July 1, 1905
Jan. 1, 1894
April 1,1899

Oct.,

BrookljTi.

$9,437,?80
2a3,136

19(

1875
1875

do
do
do
do
do
do
do

2,861,425

A

1895

1,

do
do
do
London, Baring Brothers.
Boston.

JS76-7.

'90

1.

Jan

do
do

Boston.

$11,219,S87
2,93»,n00

1,
1,
1,
9,

do
do
do

Boston.

do
London, Earing Brothers.
do

1875-6.

1,
1,
1,
1,

July, 1878
1874 to '87
1870 to '96
April, 1893
July, 1899
18/4 to '85
1875 to '82
1876 to '93
1875 to '96

•

$1S,.502,305

1890

1,

pleasure.
Sept. 1, 1893
Sept. 1,1893
Sept. 1, 1890

Balto., North. Central RR.
Balto., N. Mechanics' Bank Jan.

Boston.— The population of Boston in 1870 was
agaimtl"7,S40inl860; in ISTSltwas, S41 919
Valuation of real property in 1875. including the recent annsxatlons, was $55S,769,500,' and nersoual

do

Baltimore.Rcgistcr's Office,

5.52,000

1675.

Bank.
Bank.

do
do
do

27,000
302,000
283,000
249,000
298,000
326,000
190,000
230,000
589,000
278,000
427,000
4,250,000

$8,721,016 00
802,120 00

At

A

The loans to European & North American
Railroad and to Bangor & Piscataquis Railroad are
secured by first mortgages on those roads.
»92,497,

July

Bank

Balto., N. Mechanics' Bank.
Balto., Farm.
Plan. Bank
Baltimore, Register's OBice
Balto., N. Mechanics' Bank

Placing the tax to he paid to the State at the same
as last year, the estimated tax warrants exhibit the
following result:

cent.

Bank.

A Plan. Bank.

do

1876

1,

1876 to '89
1900

do
do
do
do

do
do
do

138,000
213,000
90,000

.

July

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

$I,0CO this year. The following is a companson of
the appropriations granted by the City Couucil. and
income to be received, compared with the estimates
for 1S73-6-

'8

1895-'97

A

do
do
do
do
Balto., Farm.

to':

Feb., 1876 to

Boston.

1876-77, commencing May 1, 1676. This estimate is
based on an assumption of meeting the actual wants
of the municipality and avoiding the borrowing of
money for other than the water works, ar.d extensive
and costly improvements; the tax per each §1.000
will be reduced from &H 70 last year to $13 45 per

Appropriations

March, 1876

Augusta,
do

;

fund, $1'!9,1«5; and the total of the several other
sinking funds, $0,j5r,S!il. The Bait. & Ohio RR.
pays interest on $.5,000,000 loan; Water loan Is paid
by income of water worksf and PuWic Park by City
Passenger Railway, and out of a total debt of
$32,!)4:i,4!5 only $I0.154,;0i is dependent on the tax
levy.
The assessed value of property in 1876 is
$231,503,1J9; tax rate, 1870, $1 SO on the $100 for city
purposes, and .17Ji for State. Population in 1870
was 567,334, against 212,4:8
18(10.
(Y. 22, p. 689 )

1

May, 1879
June, 1880 to '5

do

J^[bany. There are sinkinc; funds for municipal $234,988,400 upon which the rate of taxation is $13 70
bonds and for water stock. The loan to Albany & per $1,000—$12 66 of this for city and$l 04 for State
Susquehanna is secured by Ipt mort. The equalized purposes, against a total of g;5 BO per 81,000 in 1874.
valuation of property in Albany County in 18 5 The total debt, both funded and unfunded, at the
by State Board was: Real estate, $48,7M.146; per- ckise of the last fiscal year, April 30, 1S70, was
sonal, $5,637,088; total, 154,6.36,234. Estunated true $43,9-3,165, and thesinkiiigfnnds, bonds, mortffases,
valne of real estate, $102,764,770.
Ac., $16,880,387.
The sinking fund provision s'are
sufficient to meet the debt as it matures. In March,
Aitgusta.— Of this debt, $f,00,000 was issued for
1876, Mr. Turner, city auditor, gave his estimates for
railroads, and balance
for canal enlargement,
the revenue lequired for the coming financial year
water works, Ac.

Baltimm-e.—ThK fiscal year of Baltimore ends
with Oct. 31. The city credit has been loaned extensively to railroads, in exchange for their securities, which it hold** to a large nominal amount. The
sinking fund for Bait. & Ohio Riiilroad $5,000,000
loan i3$l,7-l6,!)r3; West Maryland Railioad sinking

Dne.

Boston, Merchants' Bank. Feb., 1885 to '9
New York.
March, '95 to 19'
do
Nov., 1910, 11,'

Bo/ttmore—
Consolidated loan of 1890

Principalinal-

Wlioui.

250 &c.
500 Ac.

Oa.—

Bonds

INTEREST.
Where Payable and by

Rate.

$246,000
40,000
151,000
848,000
529,000
242,000
118,000
500,000
400,000
1,000,000
103,000

1854
1804
18GG
1870

$1,000
1,000
Relief of drafted men
1,000
Purchase C'oiigress Hall Block
1,000
City Iniprovemont
1,000
1870,1,2,4
Wasliiiigtou l*ark
1871
1,000
City improvement
1,000
1874
New Po.st Oltiec site
1851 & '52 1,000
Water stock
1874
1,000
Additional supply
1865
1,000
Bouds loaned to Albany A Susquehanna RR
RR.
1841
Stockbridge
Albany A W.
do

J.U(fu*ta,

[June 24, 1876.

a a

•3«

1879 to '81
1891
1887
1885 to '94
1880 to '81
1881
1876 to '90
1876 to '90
1870 to '90
1877 to '86
1876 to '95
1876 to '95
1870 to '90
1877
1879
1901 to '24
1907 to 1908

During the last forty years, with a single excel
the taxable yalnation has shown an anna;
increase. Mayor Cobb's message. January, 167
gives a net decrease of debt in 1675, amounting
$305,679. (V. 22, p. 61.)
tion,

1

.BrooWyn.— The statement of debt
Mayor's message dated January 1,
made the whole city debt as follows:

is

Permanent loans

3,462,78

Balance

S23,f>0O,S«

Loans chargeable on specified property
certificates

Total

—The

tli

whic

$26,063,0*

Sinking funds

Tax

from

I8'.6,

.

10,052,GC
2,37&,0£

$.35,0:81,20

.Mayor, in his message, January, 1876, state

that the debt chargeable on taxation decrease;
in 1875 *6,2.'(', against an increase of $512,08:1 ii
1874, $2,42ti,516 in 1873, $1,591,411 in 187J, aw
$3,690,5S1 in 1S71. Population in 1870, :19fi,50O, againe
Valuation of property in King'
866,661 in 1860.
County in 1875, bytheStJite Board of Eqiuilizatiou
$2^0,557,686 for real estate, and personal, $19,806,135
they estimated the true value of real estate ii
The Board of Supervisor
1874 as $426,393,740.
valne the total taxable property of Biooklyi
in 18:5 at $225,1"B,735, or about 65 per cent of tru
value. The debt of Kings County, separate Iron
the debt of Brooklyn, is $3,936,0ii0. of which th
city is responsible for about $3,7:19.200. Avorag;
41 per $100, against $3 52 n
tax rate in 1675,

S3

Total

by

taxation.. tlO,52S,:S6 00

t9,2<0,S04 00

1874,

and $3 46

in 1873.

(V. SO, p. 520; V. 22, p. 689.

..

Jnne 2

..

6

.

CITY SECURITIES.

1876.]

1,

:

SulMoribara will eonCer a creat thTor br Blrlns InaiaAlat* BoUea of aar arrar 41aeaTara« la thaaa Taklaa
INTEKEHT.
DESCRIPTION.
Dateot
Sire or
Anioant
Principal— when
bonds.

fexplaiiiit luua

800 notes on

flriit

klyn'—< Conlinued)—
ospect Park loan, registered and ooupon

do
do

do

8ewiMiiK« honda. continuous, local
AB(te»^.siiM'nt fund bondH, continuous looal
Central and Knickerbocker avenue bonds
Soutli lirooklyn
do
do
....

'

,

I

-

N.

works bonds

Watei-

Park bonds (Act
ChitrtfstoH, 8. C.
Ci ty s lock

May

—

1853 to '73
1873 to '75
Railroad... 1871 to '73
1868 to '70

17, 1875)

bonds, coupon

(_Hty

1876

,

7
U
7

J.
J.

iL

M.

O,66(;,000

6

J.

at
Sc

1,399,000
1,095,500

7
7

Si.

7

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

2,209.250
1,000,000

7
7
7
7
6

Various
Various
Various
Various
M. & 8

....

4,110,093

7
7

J.

&
&

7
7
7

750,IK)0

2,779,382
100,000

—

BufTulo and

New York.

1870 to 1809

BuKitlo.

MO:i

1

and New York,
do
do
do
do

Q.-J.
dc

I881t«lDOT
3 yean from date.
3 yean from datr.
1880
1870
1875
187e-7

Buffalo

I

MO.*)
iri

-n

:

.jJO

v.... .^

1<»7»U»'M'
1883 to '84
1890

do

New York City.

J

rii

1

Charleston.

Various

51, .500

297,700
281,500

1015 to '34
1913 (0*24

do
do
do
do
do
do
do
do
do

J

618,000
103,000
842,000
2,379,000

due.

Brooklyn,

J.
J.

N

4,435,.500

1863 to '54
1866

coupon
Conversion bonds, to redeem past due debt.

Fire loan bonds,

&
&
&

Y.—

& Jamestown Kailroad
Jbiffalo New York & Philadelphia

Wlioro i>ayublo and by
wlium.

payable

7

1,000

debt l)onda, various purposes.,

Puiidi'd
Jliittalu

When

Bat«.

1^,016,000
1,217,000
319,000

1,000
1,000
1,000

1870
1872
1873
1872 to '73

Boulevard bonds
Tcinporary ta.^c certiticates.

- V).
[Bitffalii.

outstaoding.

value.

1800 to '73 $1,000
1860 to '72 1,000
1872
1,000
1857 to '72 1,000
1872 to'75 1,000

.

do

DAfieiency bouda
Jfennauunt wutor loan
I

par

page of tables.

Ohtcaffo

Water loan
do
Sewerage bonds
do
River improvement bonds
Municipal bonds
Municipal and School l>ond8
Soutli Park loan (.f ecured on South. Div.)
West Chicago Park (soeured on West. Div.)
Cook County debt

500.&C.
1,000
1,000
500 &c.
1,000
1.000
500 &c.

;

....
....
....
....
....

•.

Loans to Railroads
F, A, O, U, Ii& M
Bonds to 0.& M. RR. to purchase whf. prop.N
Bonds for erection of a Workhouse
Bonils for Water Works
C2ir3
Bonds for Common School jiurposes
P2
Bonds for Common School purposes
P
Bon(l.s to O. & M. RR. to purchase whf prop N
Bonds for cxt. ana impr. Water W. .C, D. & E
Bonds for funding floating debt
A2
Bonds for new Hospital
8
Bonds for new Hospital
82
Bonds tor funding floating debt
L
Kxtcusionand improve. Water Works... K &F
Honds to purchase Orp'u Asyl. grds. for i>ark.O
Bonds for sewerage
R
Bonds for improving Gilbert avenue
U
Bonds to build Eggleston avenue sewer
B3
Bonds for improvement bonds
Bond.s for Water Work purposes
C4
General improvement
W2
Cincinnati Southern RR
do
do
do
do
gold
Floating debt bonds, ooupon
Water-works bonds
.

I

1870"to''72
1863 to '72

. .

. .

W
,

—

i",6oo

2,550,(X)0
2,021, (WO

500 &0.

1868
1,000
1842 to '51 1,000
1855
1,000
1868
1,000
1868
1,000
1868
1,000
1860 to '61 1.000
1855
1,000
1847 to '50 500 &c.
1847 to '48 500 Ac.
1867
1,000
1868
1,000
1853
1,000
1853
1,000
1858
1,000
1869
1,000
1869
1,000
1869
1,000
1871
1,000
1871
1,000
1871
1,000
1872
1,000
1874
1,000
1876
500 &c.
1874
1,000
1875
1,000

1.50,000

1,075,000
210.(X>0
250.(X)0

300.000
100,000
99,000
195,000

ct.)
ot.)

Canal

'

i

j

!

Viaduct, street and bridge ($300,000 6 p.
School ($274,000 are 6 p. ct.)
House of Correction
Main sewers, special assessment

ot.)

Street improvem'ts do
Street openings. &c. do
Columbus, Ga.
Subscriptions to various railroad stocks

1854 to '75
1854 to '74
1872 to '74
1874 to '75
1873 to '75
1864 to '71
1868
1860 to '74

146,1)00

500,000
250,000
00,000
175,000
100,000
1.50,(¥)0

150,000
100.000
136,000
1.50.000

600,000
200,000
10,000,000
3,000,000
.

Bonds for funding
Detroit, illch.-

71S,()00

424.000
200,000
688.300
1,393,000
856,600

Bonds
Bonds

for various City purposes
for Water Work Co., on city's credit.

.

Public Building stock (City HaU) bonds
Public sewer l>onds
£Hzabeth, If. J.—

Improvement bonds
Funded debt bon(Ls
School House Iwnils
Market House bonds
Consolidation bonds

ti3,03),3rn— total, 83'.9(H,I05. Buffali) also pays 7-10
(bi-ing t71J.3 10) of Erie county debt. City tax-rate.
1875. $!5 53 on the gl.OflO.
In May, 1876. $125,000
7 per cent certificates of debt inh)iece8 of $5,000.
Ac were issued, due 1681. (V. 2i p. 333, 5il.)
,

mostly

lield

C—The

bonds of Charleston are
within the State of South Carolina.

The

total asses.sed value of property in 18-3 was
t27,!>78,Wll; rate of tax. 2 per cent.
Sinking funds
reduce the total debt to t4,67J,683.

Chicago.—The total funded debt at the clo?e
of the year I875 was $18,457,0IX).
Certificates
of indebted 'less, $4,641,090.
Asses-sed value of
real property, '74, *i58,S49,3!0; personal, $45,155,«30
—total, #:iO3,70-).14O. Tax rate. 18 mills. The Illinois State valuntion is $2i4,118,6-J0, and the ci y
debt is limited to 5 per cent of that.
Of the
H3.47-.0fi0of funded dent. tt.SSl.MO is on account of
tlic Water W'orks, which last year yielded an income
of 1730,114 31. Question bavin i; arisen as'o whether
certiBcales were not an increase of debt, and therefore Illegal, an ordirance was passed authorizing
the Coraptr(»ll©r to make an endorsement thereon
that th y "were issued upon the appropriations and
tax levies of the city." Some certificates went to
lifotest.
See V. 22, p. 514.
Assessed Value.
Tax
Ypjir
Real Estate. Per. Estate. Rate.
$5,.'i5i.300 $15 00
$.31,587,545
188i
19,447.«ll
20 00
68,495,116
1861
]40,8.',7.040
S1..3il3,B04
13 00
1863
I74,50.),410
14 00
53,93!).46!)
1889
811,3il,240
51,6>3,(H0
15 00
..
l!>70.
... 233,643,(X)0
52,342,930
15 00
.

Vm

to
to
to
to

'59
'75
'74

6

A.

&

O.

AD

Am. Ex.

187710*83

Bonk

Nat.

do
do
do
do
do
do
do

do
do
do
do
do
do
do

July

M.A

N.

1,

'82 to -05

1880
1880 to "05
1800 to 'OS

Jiily 1,

JuU, 1870A*»5
1881 to '00
1874 to '79

1800
1873 to '89

Am. Exchange Bank,

Dec., 1878
do
1878 to '84
Nov., 1885
do
do
June, 1888
do
1888 A 1880
do
Jnly, 1888
do
Jan., 1800
Nov., 1800
do
April 1,1805
N. Y., Am. Exchange Bank,
do
March, 1807
do
June, 1807
do
do
Nov.. 1897
do
do
do
do
Jan., 1000
do
do
Jane A Oct, 1000
Clnciimatt.
March, 1008
Sept., 1800
N. Y., Am. Exob. Nat. Bk.
do
Sept, 1800
do
do
do
Oct.. 1800
do
March 1, 1886
do
Aug. 15, 1886
do
do
Dec. 1, 1801
do
do
do
July 1, 1902
do
1002
do
do
May 1, 1000
New York or London.
May 15, 10O4
X. Y., Am. Excli. Nat. B'k.

N. Y.,

do
do
do
do
do
do
do

7

e&7
6&7

Various N. Y.,

Various
.1.

A J

Various
Various

6& 7
7
0& 7

|J.

A

J.

.Various
.Various

Various

Various
Various

329,000
243,800

Am. ErcU.

1878
1876
1887
1894
1893

to '95
to '04
to '0'^
to '05
to '9.5
187ft to "88
1878, '83 A 'S4
1876 to '93
1876 to '84
1876 to '85

Nat. B'k.

do
do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do
do

V^arious

7
7
7

New York.
Now York and Columbus.

1876 to '95
1875 to '89

1875 to '8»
1875 to 1905
1879 to '91
1892 to '94

Various N. Y., MetropoUtan N. Bk.
do
do
Various
Various N. Y., Metropolitan N. Bk.
F.

A

do

do

A.

Various N. Y., Farmers' L. A T. Co.
do
Various
do
do
do
Various
Various
do
do

2,969,000

763,000
90,000
80.000

A.

1.500,000
.

Real Estate. Per. Estate.

1871

Sl.36.89,'»,6.')0

52,81,890

1872.

239.154.890
«82,969,l«)
258,549.310

4.5,042.541

187S
1874

&D.

M. AN.
6
7 3-10 J.
7 3-10 M. A N.
6
J. A J
Various
6
M. A S
6
7 3-10 M. A S
7 3-10 U. A S
7 3-10 A. A O
7 3-10 M. A 8.
F. A A.
7
J. A D.
7
J. A J.
7
7 3-10 J. A J
«« M. A N.

—Assessed Value.

Year.

J.

Various

272,500

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

N. Y.,

<fe

6
M. & N.
7 3-10 .1. & D.
7 3-10 Various
7 3-10 J. & J
6
J. & J
6
M. & N.

123,400
1,201,000
684,000

—

'71

1869 to '74
1870 to '75
1872 to '73
1865 to '66
1875

Byfalo.—The funded debt, January 1, 1876. was
|6,74%i9», and Hunting debt. 1;.3910«2. In 1875 real
«8t3te was assessed at $3:1,94.3.73). and personal at

Charle.<s(nn, S.

1855
1855
1859
1872

A J.
J.
A J
& J
& J
& J
& J
& J

Various N. Y., Metropolitan Bank.

500,<100

1856 to '72 1,000
1866 to '71 100 &c.

and other purposes

&7

7 3-10

250,000
1,575,000
1,722,000
315,000
195,000

—

6

397,.'i00

Oi^vetand

Water works ($100,000 are 6 p.
Funded debt (.$225,000 are 6 p.
Lake View Park

7
6
7
7
7

19.'),(X)0

3.423.000

640,600
3,681,500

J.
J.
J.

7
6
7

2,00(),(XK)

B2

To build Kggleston avenue sewer

916.000
3,660.000
87,000

49,103.175
45,155,830

A

Tax
Rate.
10 00
!.> 00
18 00
18 i«

Population in 1870 was 3)6,605, and in October, 1374,
Cook Co. debt is all
395,226, against 109,2i0 111 1860.
7 per cent, and interest is all payable in J. & J., or in
,M. A N.
The So. Park, W. Chicaifo Park, and Lincoln Park loans are not debts of the city, but of
distinct corporations. (V.21, p. 207; V. !», p. 457,

do

O.

1875 to '85
1880 to '05
1881 10*03
1875 to '86

do

1885to'98

Cincinnati Southern Railroad, Id order not to tIolate the law pr.ihibiting cities, Ac, from giving aid
in buUdlng railroads, Ac.
(V. 20. p. 14; V. 21. p.
611;

V.H,

p. 209.)

total valaation of proper^ for
Is $73,305,277 and tax rate 18 15-2) mllla, <it
6 <• mills are levied for interest and sinkiiiK

CbiMfnuf.—The
taxation

which

The sinking fund, Janniry, 1878, omoonled
market vaiin?. The aewer, MtMt iaf>rovement and street opening bonds am forspedal
fund.

to $1,709,100,

ocal improvements, and redeemed
benefitted.

by MKiJWiliiils

on the property

544.)

Clndnnati.—Jn a-^ditlon to the issues above
named, there remain several sma I amonnts, as
follows: $a CO) (T.) 6s, dno July, 1876; $108.0i 059.
November, lS-5; ».56,f,00 (YY2, * O.) «s. 1886-88;
$17,C0J 6s (Q.).

March,

was

Novemb

Bf

:.^97.

21l*,!iO0,

r, 189.1; $27,0)0 69. (A.),
the census of 13:0 population

ag.iinst 161,011 in I860.

Tax

rate for

tSi 81 per $1,000. against t'ii 88 in 1874. Sinkfunds are $4:-.6.440, against $7,500,000 of old
debt. The following table from the books of the
Auditor of Hamilton Coruitv, Ohio, exhibits the
1875,

ing

assessed valuation of the city of Cincinnati in the
year 1860 and from 18 iO to 1S74:
Rate tax
per
ToUl
Personal
Real
Ye.-ir.

estate.

estate.

I860..
1870.
1871..
1872..
1873..
1874..

$61,621,901

$31,411,811

If7.)..

l2-),9.-6.8i5

The

78,786.4.'«

67,370.7.'>4

143.4-27,88.S

56.914,044

119,621,886
121,479,2:0

6),16B,480

city will

M,46!,410

valua'ion.
$93.0 «.7'
1.36,107.«3«
18().31!l,9«
175,084. i9 i

181S,M5.74a
l8i,»->ao:4

$1.0.0.

$17 45
31 61

22 20
20 10
81 06
83 83
28 81

18I4°8.5«5
68,5J:,7.«)
be the sole owner of the stock of the

Columbia.

Oa.—The

total

debt

is

$531,500,

and

the annual interest required about $t0.ona Bond*
are all coupon, and were issued la small amouocs
as wanted; 25,000 fall due each year. C.ty bolda
some stocks and other property. iTaliiatioD at nat
esute. 1873, $8,923,578.
Detroit, .VlcA.—The popalat'.oo In IS70 was T9,80t
The ralne of
in 1874, by Stats censu*. 101,063.
waterworks is $1.SA9.6S3. against a debt of $1, 100,00(1
The water works bonds are issued on a pledM
ot the city credit, and $75,(00 per year colAalected in taxes to pay interest on them.
sessed valuation, 1875, real eiitate, fOJOajnti
personal, $7,448,755-total, $27,774,630; Inie ralM

estimated at $92,583,100.

Tax

rale,

$3

M

per

$100.

Eiitabelh, y.

beth An^st 1.
lows: Oeoenil

y—Total debt
187.5,

of the city at BHaaat $5.«»,(I0D, as fol-

was stateC

debt,

$'j:o,O0i;

aasessment

doM,

The slnkin:; fund has to its credit
$4,450,000.
$900,000. Valuation of reil and persons! property.
$32,001,010; as.scsscd valuaiion. $16.0.10.001).
rate is $2 66 within the lamp and water dietrict, aad
$2 13 outside. Popnlati^n In 187S, 25,009i

Tl

.

CITY SECURITIES.
Snbaerlbers

yvIII

conftr a ereat fKvor by slrlnz Immediate notice of any error discovered In ttae«e Tables.

DESCEIPTION.
Forezplauntlone eeo notes ou

llrst i>nge

Date of

Size or

Bonds.

par

of tables

aaltetton, TexasBonds for liarbor improvement
City park bBiuls (purchase of block 321)
Bonus for vaiious i>iin>"se8
Gttlvcston County bonds, G. C. A B. F.

Ainonnt

I

outstanding,

I'alue.
^'al

1869 to '74
1873
1860 to '74
1876

RR

Fate.

10

$71,500
35,000
766,500
500,000

Bonds to railroads
Lonn bonds, series A

B
O

do

do
Loan bonds

bonds—Southern Park
bonds— By Board of Scbool Conmi'rs.

Puroliase-inoney
Scliool

.

Jertey City—
Water loan bonds, mostly coupon

1,000
1,000

Improveiueut bonds
do
street dock
City bonds, coupon
Funded debt bouds
Hudson -City bonds
Bergen school loan bonds
sewerage bonds
do
improvenieut and water bonds
do
do bounty loan
Orcenville street luiprovemeut Ijouds
Ten-year bonds, coupon or regimered

921,000
500,000
171,050
150,000
400,000
152,000
103,000
249.000
150,000

1,000
1,000
Various
l,00O&c
l,0OO&c
1,000&C
Various

Various.

1872
Various.

1869
1869
1869
Various.
Various.

500 &c.

187C

1852
1854
1857 to '67
1873
1866 to '67
1873

RR

Water ivorks
do
For improvement of streets

,

Re-construetlng street
Public buildings and institutions
Public scboul and scbool bouses

1871 to '731
1853to'70|
1868
1871
1868 & .'73

Sewer bonds
do

Elizabeth & P. Railroad
Wliarf property

149,000
404,000
1,350,000
76,000
201,000
600,000
650,000
234,000
81,000
425,000
1,993,000
852,000
136,000
90,000
614,000
600,000
107,000
350,000
1,508,000

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

'54,'62,3,8

Jail bonds

1868
1869
1870 to '74
Louisville, New Albany & St. L. Air Uno RR.
1871
Cbange of gauge, Louisv., Cin. & Lex. RR
1871
do
do
Roadoed
1871 to '73
City bonds payable by railroads
1851 to '63
Memphis, Tenn.—
Bcuool and paving bonds
1807 to '68
Post bonds
1807, '8, '9 500 &c
Funding loan gold
1870
1,000
Mississippi River Railroad bonds
Endorsement Memphis &, Little Rock RR
1857
1,000

For old
do

liabilities

do

793,.500

2,390,000
341,000
80,000
300,000

,

UUwaukte—

Re-adjustmont bonds
General city bonds
do
do
Water bonds, coupon
do
registered

1861
1871
1876
1872
1872

500 Ac,

1866
1866
1859
1870
1870
1871
1871
1875

100 &c
100 &c,

356,832
243,000
100,000
429,000
1,171,000

1,000
1,000
1,000
10,000

C

(payable annually tiU 1891)
(payable annually till 1886)
& Great Northern Railroad.

F

Bonds to Mobile
Bonds to Mobile

&

Al.

Grand Trimk

RR

Wharf bonds
City fimded debt
To Mobile & Northwestern Railroad

New funding bonds
Nashville, Tenn. —
Nashville & Chattanooga Railroad
Various city bonds

539,209
232,400
329,000
750,000
849,000
363,500
300,000

1,000
1,000
1,000

500

&0,

1849
1866 to '76

1,000
1,000

315,000
1,065,000

1875

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

378,000
1,890,000
500,000
400,000

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

4,042,000
209,000
130,900
2.5S8.000

Netom-k—
Bonds, various city purposes
War bonds, floating debt, &c.
Public school bonds
Clinton Hill bonds, coup.

(s.
(s.

& reg.

fund of 18G9)
fund of 18(>4)
(s.

fd.

3

p.

c).

Sewer and improvement bonds (local liens).
Aqueduct Board bonds
Sexo Orleans—
Consolidated debt) $650,000 applica1)le(
do
do
Wearly to interest aud<
do
do
) principal
(
RtUrooddebt

.

—

BalusUui, Texa' The total city debt is *87.<),000,
of which all uc 10 per ct. currency except $106,600.

—

Indlmapolis. The as'ccssment of taxable property In 1874 was $67,301,M6; taxes for that year,
f5tO,0»6, or a lev ^ of $1 35 per $I(KI. Total debt

cue 80, 1876, was $1,435,000. The School Board is
a distinct organization from the city, created by a

separate act of the Legislature levies its own tax.
which is collected by trie City Treaearer. The city
warrants are discounted when sold. "The floating
debt of this character, Jan. I, 1876, was $iOO,000,
payable during this year.
;

Jenty aty.—Ttte total bonded debt of the city,
ApHl 1, 1875, was stated at $H,an ,600, as follows:
General, $3,658,000;

water debt,
$5J6,A65.

property,

assi-Bsmcnt debt, *S,06',500;

$4,62S.00(1.

A6SC88. d

The sinkm? fund was

valuation,

including railroad

on which the tax rate is $3 OO
per $10U on $68.490,8.55, and 1 per cent on railroad
property assessed at $1 ,000,000. Fopnlation by State
censna in 1875 was 116,883. against 86,000 by V. S.
census of 187i'. (V. 22, p. 621.)
is $as,4!)fi,885.

ZoulCTUfe.—The fandcd debt, January 1, 1876
exclueive of railroad loans, was SS,.33(),000, against
8?,BO4,Oi0 Janu.ry 1, 187.6. Of the 88,33 ',0O.i there
is payable out of the elnking fund $3,706,000; payable by special tax, $4,025,000. Assets of the sinking fund, ,Iaii. 1, 1S73. wcic $3,ian,0i5. Population
by census of 1370 was ;0J,75O, against 68,038 in I860;
now ostlmated upon the basis of 7 to a voter makes
1^,000. As!^,'.^5cd vulne of property, about $791100,000.
Real value, 8l00,000,0' 0. Rate of taxation
for all city purposes in 1876 is— Eastern L>istrict,
$2 27 on $100; Western District. $2 33; State tax,
45c. The following flguresgivc the assessed propcry valuation for the past six years. For 1868, $5!),-

1852
1852
1852
1854-55

A

J.

Galveston.

M.

<&

8.

do
do

Various

&

Now

J.

1880 to '87
1892 to 1908
1874 to '95
1901

York.

City Treasury.

Jan.

Jan. 1,1889, to -gc

,1.

.

JfoWJoCity debt A, B,
City debt D, E,

J.

J.

Principal—WlMii
Due.

1

& J. N. Y., Wiusiow, L. A Co.
July 1, 1893
iV J.
do
do
July 1, 1894
do
& J.
do
July 1, 1894
&. J.
do
do
July 1, 1895
& J,
do
do
Jan. 1, 1S99
A. & O.
do
do
Oct. 1, 1878
J. & J. N. Y., Merch. Ex. N. Bank, Jan., 1877 to '95
7
Various
do
do
1899 to 1913
7
do
1875 to '76
J. & J.
do
7
do
July 1,1913
J. & J.
do
7
M. & N.
do
do
May, 1891
7
Various
do
do
18i)2 to '94
7
do
J. A J.
do
June 8, 1900
6*7 Various
do
Various.
do
7
do
J. A J.
do
July 1,1896
Vai'ious
do
7
do
\ arious.
7
J. A J.
do
do
Jan., '98 to 1900
7
J. A J.
do
do
July, 1889
7
J. A J.
do
do
July 1,1879 A '89
7
Various
do
do
Vari<m8.
7
do
do
Various.
J. A J.
June 1, lt86
7
J. AD.
do
do
6
April, 1882
A. A O. N. Y., Mercantile N. Bank,
6
A. A O.
April, 1883
do
do
6
Various N. Y., Bank of America.
1887, '89, 91
7
do
do
March 1, 1883
M. A S,
6
Various
Louisville.
188i;.' 96. '97
7
N. Y., Bank of America,
July 1, 1903
J. A J
do
7
Various
do
1891, '92 A 1903
6
Various New York and Louisville.
1883 to '89
6
July, 1898
J. A J, Louisville, City Treasm-er.
7
N. Y., Bank of America,
June, 1901
J. A D
Various
do
do
1888 A 1903
7
Various Louisville ond New York,
6
1878 to 1898
do
6
A. A O,
do
Oct. 1, 1898
6
do
1889
J. A D,
do
7
Various
do
do
1880, '94 A 1901
M. A 6 N. Y., Bank of America,
7
Sept., 1891
F. A A.
do
7
do
Feb. 1. 1880
do
7
J. A J.
do
July, 1901 & 1903
Various New York and Louisville.
1881 to "93
6
Memphis.
6
A
J.
1873
to 1902
J.
6
N. Y.,P. M. MyersACo.
1873 to 1900
J. A J
Nov.,
M.
do
do
1900
6
AN.
6
July,
1872
Charleston, S. C.
7
J. A J.
June 1, 1891
5
J. A D. Milw. and N. Y.,
Goettel
do
do
Jan. 1, 1901
7
J. A J.
do
do
June 1, 1896
7
J. A D.
do
do
Jan. 1, 1902
7
J. A J.
do
do
Jan. 1,1902
7
J. A J.
1875 to '91
5
A J Mobile, Bank of Mobile.
do
1875 to '86
A J
do
8
do
1885
A J.
do
8
July, 1899
A J. N. Y., Merchants' N. Bank.
8
Nov., 1895
AN. Mobile, City Treasury.
8
Till 1901
do
do
A J.
8
1901
J. N. Y., Merchants' N. Bank
%' M. A
A N Mobile, Mob. Savings Bank
New York.
1875-77-79
Various
6
7-3
7-3
7-3
7-3
7-3
8

1,418,000
3,109,800
900,000
622,000
1,866,000
3,433,000
125,000

1,000
1870
1873
1,000
1871
500 &c.
1872 to '74 1,000
1870
1,000

do
Morgan

&

500
1,000

18(39 to '73

Porty-year bonds

Louisville, Ky.—
For Joffcrsonville Railroad stock
N.
Subscriiition to stock of L.

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

INTEREST.
Where Payable and by
Payable!
Whom.

When

6

145,000
300,000
300,000
300,000
200,000
109,500
100,000

500

1852 to '07

do

do
do
Improvement bonds

1809 to '70
1873
1874
1874
1875
1874
1873

g.

8

10
10

Indianapolis—
Ix>au bonds, series

[June 24, 1876.

6

0&7
6&7
7

7
7
7

2,500,000
3,030,000

do

Various

1876 to '94

Newark, Qty Treasury,
do
do
do
A. A O.
do
J. A J. Newark Mecb. Nat. Bank,
do
do
M. A S.
do
do
Vaiious
Various
Various

J.

A

New

J

A N.
Various
Various

435,974; for 1869, $63,584,091; for 1870, $7,1,806,718;
for 1871, $76,845,995; for 1872, $77,156,642; for 18T3,
$77,825,378.

ia

April, 1888, to' 91
1, 1895
1879 to '93
1876 & 1892

July

1, 1892
1, 1892
1892
1874-5 A 1894

July

Orletins.

May

do
do
do

M.

1876 to '93
1878 to '91

offered at 16 per cent of their face in the new
This has been accepted to a consider(

per cents.

able extent, but no report yet given.
about 38,000. (V. .0, p. 308.)

Populatioi

Memphis, T'mn.— The city has been
interest since Jan.

April

1,

1876,

1,

was

in default for
1873. The total floating debt
$i,947,286, and there
were

nominal assets

(unpaid taxes, Ac ) to balance
this of $1,766,034. In 1874 the policy was adopted
of receiving proposals for the sale of past due
coupons, so far as the fuufl sin hand permitted. The
City Council declared the fandingand paving bonds
LsHued by .Mayors Leftwich and Lofland 1867-8-9 to
have been issued illegally, but allowed the coupons
fo be received, pro rata, according to the aihount
realized by the city for the bond-; but a decision
of Tenn. Supreme Court, December, 1875, was
agiinst thecitv on this point. Asses-'ed valuation,
$3i.0(V).f'0O.
Tax rate. $3 per $100. Population n
!

1870, 40,230.

(V. 21, p.

18<i,

670.)

ifUwavkee.—TYie city cannot issue debt beyond 5
per cent of

average assessed value for five years,
which ia $43 545,000; in 1875, vamation was
$.62..',85,664 of real and personal; tax
rate, 2^.64
mills.
Smki g funds are provided for all the bonds.
There is also about $180,000 ecnp issued to settle
old railroaa bonds. Population by State census,
its

1875, 101,000.

(V. 17, p. 187, 688, 691.)

Wobile.—Thn valuation of
$li!,89l,525 real
estate and

property in 1876 is
$6,377,7i6 personal
property; tax rate. 1>^ per cent.
Interest has
been in dcfanlt since July. 1873. A settlement with

bondholders was offered by Commissioners in New
York. Sept., 1875, viz.: $M0 in 6 per cent bond for
$1,000 of the old 8 per cent.

The

5

\

er cent

bonds

have a lien on city rcreaue, and exchange for these

Nashville, Tenn.— AX the close of the fiscal year
Sept. 30, 1875. there were $131,100 of past due bondi
and $136 410 unpaid coupons. The total debt wac
$1,737,2

Assessed valuation of all property, about
tax rate, 1873, 2 per cent.

2.

813,62.'i,776;

—

The bonds in the first line in the tabh
payable out of the sinking fund of 1869, whicl
second line out ol
$.386,368; those
sinking fund of 1864. $8 2,757; public school boiidi
out of public school fund, $69,034; Clinton Hill boudi
by sinking fund, $22,221, against local improve
ment bonds the city holds $2,Wi8,r8J of asscssnienti
unpaid and a lien on the property. Temporary loar
bonds, Jan. 1, 1876, were $767,760. Valuation el
Newark.

arc:

m

amounts to

real estate, 1874, $79,638,2.18; personal, $24,880je00
Pop
all purposes, 1875, $1 98 per $10J.
ulation in 1870, 105,059.

tax rate for

New

Orleans.— Interest was in default December,
but coupons then due were paid May 15, 1875
total funded debt, April, 1876, was $W0.«72.332:
certificates, coupons unpaid, Ac, $671,781; otbci
floating debt, $1,145,323. The assessed valuaiton ol
property is $98,463,269 real e«tate. and $2^,118.833
personal. State tax, 14X niilis; city tax. 25 mills:
scheme for settling the debt b>
total tax, 39)^.
a bond premium drawing plan is in practice, antl
drawings take place Jan. 31, April 15, July 31. and
Oct. 15. The premium bonds exchanged for othere
and outstanding. April 15, 1876. were *5,e67.30ft
Popilation in 1870, 191,4)8; in 1860, 138,670. (V. 21
p. 64, 86, 169, 878, 611, 6:3; V. 22, p. 471.)
1874,

The

A

June 24, 1876.]

Cirr SBOURITIBS

lucrtbera wiu conftr a great thror by KlTlng Iaai««i«t*
DESCRIPTION.

Dateot

For exiilanations see notes on first page of tables.

Orleans— (Continued J—
Waterworks loan of 1809
Seven i>er cent funding loan of 1809
do
do
1870
Jefferson City (debt assumed)
Wharf Impr. bonds (assumed by lessees)
Street Improvement bonds
Consolidated gold bonds (eeueral series)
do
do
(drainace series)
Ton per cent bonds, deficit and old claim

n«UM of mmr •rft

Amount

Size or

Bonds.

outataudlng.
/a'
alue.

«to««t

INTKREBT.
When
Wbora Pa»»bla muI br
Pay'ble
wLom.

Bate.

Frinal]

Da*.

Ifeir
I

I

1800
1800
1870
'37,

$1,237,500
2,200,050
1,608,250
190,500
690,000
172,000
1,201,000
654,000
770,050
29,250
5,067,300

07,'70

1870
1871

1,000
1,000
1,000

187*.J

1872
1871
Various.
t'ari'oilton fiiiidiii;^ and Improvement bonds.. 1871 to '72
Now premium boud.s (In exchange)
,

I

Ifew I'ork—

water stock
do
water stook
New Croton Aiiiieduct stock
Additional now Croton Aqueduct
Urotou water main stock
(:roton Reservoir bonds
Crotcm Aqueduct bonds
f'rotou water pipe bonds
Central Park fund stock
do
do
Cent r.al Park Improvement fund stock

1341 to '03 100 40.
1870
100 40.
184.'5 to '60 100 40.
1865
100 40.
1870 to '72 100 40.
1871 to '72 100 40.
180.5 to '72 100 4c.
1867 to "70 100 4c.
1860
100 40.
1853 to '57 100 40.
1853 to '57 100 40.
1857 to '05 100 40.
1870
100 4c.
1860
100 4c.
1805 & '08 100 40
1809
100 4c.
100 40,
100 40.
1869
100 4c.
100 4c.
100 40.
1860
100 4c.

<'rotoii

'.

Docli Itouds

Floating debt fund stock
Market stock
City Cemetery stock
City improvement stock

do

!...!!!!!!!!!!!!

do

Lunatic Asylum stock
Fire department stock
Fire telegraph bonds

Tax

bonds
do
do
coupon
Now York Bridge bonds
Accumulated debt bonds
Street improvement bonds
Street opening and improvement bonds
Volunteer solaier.s family aid fund bonds..
Ninth district court house bonds
Consolidated stock, coupon
Department of Park.s improvement bonds.
Afl.sessment bonds
City parks improvement fund stock
Normal school fund stock
Public school bnilding fund stock
Additional Croton water stock
Sewer repair stock
i

I

relief

1870

1863
187i

1871
1871
1871
1871
1872
1874
1873
1873
1874
1874
1862 to '68
1871
1872
1364
1804
1865
1865
1864
1864 to '72
1868 to '72
1873
1874
1875
1870

Consolidated stock
Museum of Art and Natural History stock.
Liquidation of (claims and Judgments

Improvement

of Third

avenue— 23d ward.

Third district court house bonds
County court house stock
do
do
No. 3
do
do
No. 445
Soldiers' bounty fund bonds

I

i

500
100
100
100
100
100
100
600
100
100
100
100
100
100
100

2,420,700
50O.0O0
2,000,000
250,000
3,441.000
3,552,000

3,311,071

399,300
0,349,800
5,140,000
2,748.000
29(!,(M)0
7.'5,0OO
451,'.iOO
8,ir><t,'296

700,000
521,953
597,586
2,767,000
3,000,000
1,500,000
6,500,000
3,604,839
1,000,000

4c.
40.

4c.
4c.

4a
40.
4c.
4c.
4c.
4c.
40.
4c.
40.
40.
40,

2(iti,.'i00
.

4,2.')2,.')00

3,83a,.500

13,281,800
5,410,000
200,000
630,000
025,000
265,000
10,343.700
700.000
1,540,175
41,000
200,000
2,500,000
000,000
154,091
4,000,000
046,700
745,800
376,600
1,000,000
853.204
1,719,400
492,700
252,000
900,450
100.000

100 &c.
100 &c

100
100

4c.
4c,

100 4o.
100 4c.
100 4c.
100 4c.
100 4c.
100 4c.
Asses.smcnt fund stock
100 40.
do
do
100 4c.
do
do
100 40.
do
do
,...
100 4c.
Repairs to buildings stock
100 4c.
Consolidated stock, coupon
1871 to '72 500 4c.
Accumulated debt bonds
1809 to '70 100 40.
N. Y. and Westchester Co. improvement bonds
1870
Consolidated stock
lg74
ForStatc sinking f und daftciency
1874
Debt of Westchester towns annexed
Norfolk, Fa.—
Registered stock
100
CKJupon bonds
1874
100
do
1870
100
do
trust fund
1872
100
do
paving
1873
100
do
water (a mort. on water works.)
1871
100
Soldiers' subs, and relief rod. bonds
Soldiers bounty fund bonds. No. 3
Soldiers' bounty fund red. bonds. No. 2
Blot damages red. bonds
do
in demnity bonds

8,885,.500

6,000,000
30,000
1,080,200
3,890,493
1,500,000

!

.

\JPhUtutelph ia—

Bonds issued prior to consolidation
do for railroad stock subsidy aubsoript'ns
1833
do for water works
1855 to '711

6,040,741
1,725,000
6.500.000

I

yew York aty.— The total debt of New York
1, 1876, was
$144,528,028; the amottut of
sinking funds ti7,7IS.30;. The following smtement
shows the details of funded debt, and the amount
iu the city linking fund at the dates named:
January

Jan.
i

l.'I4.

Jan.

1, '75.

Jan

1, '76.

H.

8
7-3
7-3

7
10
8

«.

4 O
4 N.

A.

H.

846
540

$

99,492,819

Sinking funds... 84,8.32.617

.

118,341,557
1»,615,778

Jan.

6

1887
Dee.
Aug.
July
July

New Orleana.

647

04

7

1007tOl»ll
1880
1887
1808

4

Q.-P.
Q.-P.

1876, -87

6

Nor. 1,1001 to

CJ.-P.
M. A N.
M. 4 N.
M. 4 N.

1878
1804 A 1807

M.

1880, 'Oa. 00

.W.

1880
1884
1878
1800
Mot. 1, lOOS
1884 to '88

M.
M.
M.

4
4
M.4
A. 4
J. 4
M.4
J. 4
J. 4
J. 4

The equalized valuations by S'ate Board in 1875.
were$l,80\53l,^80, of which $983,050,399 was real
estate. The tnie value of real estate iscstlninted .t
$1,935,021,510. By an act of 1H74 Ihu towns of West
Farms, Morriaania and Kingsbridge, ombracing
about 12,000 acres, were annexed to Now York.
From the termination of the Tweed regime in

t

119,056,903

Sr,748,3t)7

1876. -T?, '78. '88

1879 to '88
1870
1800
loot
Mot. 1,1870 to '80
Not. 1,1876 to "SO
Dee. 33, 1001
Mot. 1. 1801
Nov. 1, 1801
Nov. 1, 1801
Nov. 1, 1882
1804 to "OO

1003
1876
1, 1877
1, 1890
'03
1870 to
1884 to '88
1804to'0i
1883 to '00
1880to'81
1805 to '87
1801
1877 to'70
1882

Mot.
Mot.

1^

a

1901

1884 to '88
1891
1898
1877 to '80

4

J.
J.
J.
I

New

York, Park N. Bank.

PbUa., Far.

4

do
do

Meob. N. B'k
do
do

1878 to '8S
1804
1800
1803
July, 1803
May. 1901
Jan..
Sept.,
April,

1876 to '89
1876 to 190S

Total disbiraementa of the cIIt for IgTS were
tl3,4<6.451, classified as follows: Jodgment*, tit,,
$378,482; interest on city loan. SS,T^2I6; iutenet
on endorsed warrants Sl!IA,8n: sinking foada.
warrants of prevlona years, 83,9t7.4IT;
$783,899
amoant paid on loan warrants. $1,417,809; for the
erection of public buildings, $530,412; school fuod,
*2.454; Static tax on settlement, $A3,5I5; cash for
;

the departments, $2,3.89,377.
The Comptroller'*
statement to form a basis for taxation In 187i,
1, 1875, making total estimated

was Issued Nov.

liabilities. $3«.896,882 64.

Of this amount $9,296,20i was estimated toe
from other sources than taxes, leaving $17,000,100 to
be raised by taxes, at a rate of S-tO per $1,000 on fWI
city property.
These estimates, bowevKr. Were
materially reduced by the Councils, aad tlie t^x
rate was kept ai t» 13 for foil city propertT. Tvt
followlug table exhibits the asseated
tax ratelu the city since 1870:

Real

TUiuaoa and

Personal

Tear.

Estate.

Esute.

1870

$170,851,900
491.844,000

$gJtt.r.3

5rs,4!5.«S

8.00e,n«
8,9».T0O

.

.3

172,416,iWl 3
l*H..40.MM7,:i82 191,967,181 4
1»4..41II,7T4,4.T) 22',.!)i0,505 5
19D.5..4a7,3ri«,S'»4 is:, 423 471 4
l*6.-47','):i4,0:i4 2.->7,!»H4,974 8
1862..3!W,,',.'->6,4n4

1867.. .'>5,'-,,4 17,062 27'1,:JS9.151 4
lc68..fi3.3,i:i(l,5M 2a'; 199,972 6

1«9..6SI,183,918 281,142,696 2
I»r0..742,ia3.()75 305,28>,874 2
Ifll.. 769,3 2.250 3()6,!«7,2:)3 4
1872..7<<7,118,0(i3 .3!I0.9)9,422 5
1373.. S3(i,li 13,3*) 292,597,643 5
I874..SH1..';47,995 272,481,181 6
1875..883,(H3,54.5 217,300,154

62
87
27
31
96
94
67

36 r 20,087,301
21,6!)\f)06
45
08
86,185,190
*) -g 33:;69,601
34 'M ° 35,i>7:i,.5;t7
19 06 * 3.3,6.M.683
22 0:! S.» 3i,9U,421
13 70 17 •= 35,983,647
72 19 98 q 4;,7^)1,8I0
70 19 80 * 73,373.558
43 17 99 « 88,:j«9,886
20 33 81 S 9.->,.5S !, 153
41 19 59 'f 106,363,471
95 21 05
1I.5.187.9B9
29 10-^ [lI6,T73,721

—

'

I«
13
16
17

A'oi/o'*.— The

bonds due

April,

two
O. RR. and

1892, are

series— series 1st, is'^ued to A M. 4
Raleigh 4 Gaston RR. rerics 2d. to private parlhw.
scries are secured by c*ee«l of tm-t on city
property.
Coupons of 1st series are payable at
'itlzeni' Bank; conpuns of 8d series at Pe .pics'
National Bank. Tax rate, $1 60; water tax, 49 els.,
(special); total rate, 2 per cent.
;

Both

I

PAi/arfrfM'o—Tlie total fnndcd debt, January 1,
1676, was «30,6;5,691 ; guaranteod debt, $(,399,400;
floating deb', 8^.«•<l,»38. Sinking fands, $10,030,300.
The net Increase of debt In 1875 was oaly $1»3,.'):9.

-.

1003
1876 to -78
1910
1884 to '88

J. Norfolk, Treasurer's Office,
do
J.
do
do
S.
do
Norfolk,
Cit.
Peon.
Banks
O.
J. Norfolk, Trensurers OfHce.

N,

-3

its

4 N
4 N,

M.

.

186l..406,9.)5,665 174.62»,,306

4 •95

tr4 N.

J.
J.

5 46

IMI

1901

1883t«'«0
1884

4 N.
4 N.
4 N.
4 N.
M. 4 N.
7
U. 4 N.
M. 4 N.
6
M. 4 N.
7
64 7 M. 4 N.
M. 4 N.J
M. 4 N.
eh- M. 4N.
M. 4 N.
7
647 M. 4 N.i
.M. 4 N.I
6
6
M. 4 N.I
6
M. 4 N.
6
M. 4 N,
6
J. 4D.
M. 4N.
6
6
M. 4 N.
M. 4 N.
7
6
M. 4 N.
6
M. 4 N.
M. 4 N
7
6
M. 4N.
6
H. 4 N
6
H. 4 N.
7
H. 4 N,
7
H. 4 N,
u. 4Jr.
6
M.
4 N,
6
M. 4 N.
6
M.
4N.
7
M. 4 N.
M.4 N
"e
6
M. 4 N.
««• M. 4 N
M. 4 N.
6
M. 4 N.
J. 4 C.
7
H. 4 N.
7
6
6

7
7

4

ir4 N.
Q.— p.

6

7

1892

i»n
lOM

N.

5

7

April

1911

Aug. I, 1900
Nov. I, IINX)
1907 tolUlS

IT

74 g.
047

ItMO

1879 41880
Nov. 1, laoa

6
7
a

toUVT

,

1,
1,
I,
1.

do

13:

6

IM*.

1.

Mareh 1, 1«H'
June 1, iwa

bJ!'4 N,

1871 to January, 1873, the gros.i increase in dubt was
t.33,352.049, and C'omp'roller Ureen has claimed that
the o!d demands existing when ho took office,
together with the bonds issued to pay deficiency in
Net debt
74,6r,!).602
91,625,779
9l,303,f96 State sinking fund, and for up-town improvements,
Temporary debt.. 21,9^7,37*
aggregate more tlian this whole lncrcai>e. All unad80,854,703
81..338.2IX)
Revenue bonds.
»,79(),978
8,707,300
4,148,925 justed claims against th'i city Jan. 1875. were nominally $6,971, HO, a large part of which the CompThe population of New York by the U. 8. census troller claims to he fraudulent and has determinedly
10 1870 was W2.5.3I, against 805,638 in 1880.
Since opposed. The outstanding assessment bonds (payJ»n. I, 1861, the valiiiition of property, the rate of
able out of local assessments on propertvbenefltted)
taxation, and the net amount of funded debt have
are represented by advances to contractors, adbeen as follows:
vances on Boulevard work, and uncollected local
^Ratetaxp
Net
Real
Extract from Mayor's Message of
Personal
Funded assessment,*.
$1,000.
Year, estate.
estate.
January,
1876. is given In V. SJ, p. 61. (V. 8U, p. H.
State. City.
debt.
89; V. 21, p. 80; V 81, p. S6i.)
«
$
$

$

Description.

iPondeddebt

Orleaoa.

do
do
do
do
do
Mew York or IjouAon.
do
do

J.

1,063,214
29.500
175,500
102,500
189.300
500,000

'.

'

300,000

Mow

J.

7

OH.5,637

4UO.000
450,000

* J,
4 H,
4 D.
Varloiui
J. 4 D.
F. 4 A.

S

7

18n
1872
1873
1874
1875
1S76

818,»!4,8«8
aB,a(»,flOS

8,W(.T»

9,i».»t

Mn,8«l>.0M

9.04.873

8S5,«8.'705

l(1.004.«r3

Bate

T»

pcr$l.iW

M
ISM
» ••
SO

$18
«J

•*»
«l flD
M 50

There Is ro targe imonnt of city debt matarlof

I*

the next llvoyi«r«. Assessed valuailoas for 18T8 are:
Full city property. $537.tt3.*8S; Ux rate, $< 15;
suburban property, |U!8,0S1.87S; Uxralc. $1 40: farm
property, $'M,l<t8,«»; lax rate, $1 liit. Popalallo*.
1870, k,7\,va, against 3S5,S2S In 1850.

. .
.

'

CITY SEODRITIES.

zii

[June 2i, 1376.

Sub«orIber« will confer a sreal fuvor by slvliix Immediate notice or any error dlocaTered In the»e Tables.

DESCRIPTION.

Date of
Bouds.

For explanntions sec not et< on flrst page of tables

617.0

INTEREST.

Amount

or

par
Value

outstanding,

Rate.

}'>nlaileli)hia—(Contitiiietl)—
.

'

1859 to '70
1868 to '70
1802 to "05
1860 to '70

$4,853,500
8,696,100
11,650,000
11,660,350
5,399,400

Water extension loan (coupon or registered/ 1868 to '74
1845 to '72
Funded debt and other luuuitipal bonds
1863
Coninroniise railroad bonds (coup, and reg.)..
Bonds tor imiir. Pcun., A:c. (local assessment). 1871 to '73

4,413,400
1,537,286
2,179,149
4,653,700

BoiicU for bridges

do for park and Centennial
do for war and bounty purposcH
do niiuiicipal, scliool, sewer, &e
Guaranteed debt, gas loans

Vortlmul,

7

Various

Me.—

Loan to Atlantic & St. I«awroncc Railroad Co. 68,'G9,'70 1,000
1807 to '09 500 &o.
do Portland & Rocliester Railroad
1872
do
do
do
1887 to '68 i',6bo
do Building Imhu CommlBsiouers
1872
do Portland & Ogdeusburg
?
Municipal— proper
1852-75 500 &0.
In aid Atlantic & St. Lawrence KalU-oad Co
i

Proeidenee, It. I.—
Ijoan to Hartford, Providence & Fisliklll
Bonds for public imitrovcmente
Recruiting and bounty bonds
Water loan bonds, gold, coupon and reg

do
do

do
do

RR.
1855
1803
1872
1874
1876
1875
1872

do
do

City Hall & sewer loan b'ds, sterling, cp. or reg
Prov. & Sprnigtield RR. bonds, guaranteed
Rochester, N. Y.—
To Geuesco Valley Railroad
To Rocli. & State L. and R. N. & P. Railroads.
For various city improvements
Water works loan, coupon and registered
Funding loan
.

.

lOOO&c.
lOOO&e.
lOOO&c.
lOOO&e.
lOOO&c.
lOOO&c.

£100
1,000
lOOO&e.
Various
lOOO&c.

1875

San t'rancuieo—
Bouds of 1 858, coupon (gold)
1858
San Francisco & St. Jose RR., coupon (gold)..
1862
Judgment bonds, coupon (gold)
1863 to '64
Central Pacific Railroad, coupon (gold)
1804
Western Pacific I{;iilroad,
do
do
1865
School bonds,
do
do
1806 to '67
Judgment bonds,
do
do
1807
School bonds
1870 to '72
Park improvement bonds
1872 to '75

500
500
500
500
500
500
500
500
500
500

M.

787,000
700,000

5

1

500,000
600,000
300,000
2,000,000
2,000,000
1,500,000
1,400,000
500,000

5

e'

J.

AD.

A6

m'nthly

5

A

5

5fc'.

l,O65,0«'O

do

500
500
500 &c.
100 &c.

500 Ac.

198,000
64,.500
937,300
368,800
117,000
349,500
534,000
500,000
400,000

500
500
100 &e.
500

431,500
150,000
299,400
500,000

1846 to '71 Various
Real estate, buildings and general purposes. 1840 to '08 Various
Street improvemeut bonds
1851 to 'GO Various
Water work bonds (old)
1850 to '58 Various
Tower Grove Park bonds (gold)
1868
1,000
Sewer bonds
1835 to '69 1,000
Harbor and wharf bonds
18.V2to'6S Various
New water work bonds (gold)
1807 to '70 1,000
do
do
do
1872
1,000
Renewal and sewer bonds (gold)
1871 to '73 1,000
Renewal purposes, gold or sterling
1873
1,000
Renewal and improvement bonds, .gold
1875
1,000
Renewal, &c., bonds, gold or sterling, e<mpon
1874
1,000
Bridge appro.-ich bonds (gold)
1872
500
Ant icipat ion bonds
1876
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

6

450,000

7

1871 to '73

1874

—

Construction of waterworks
1853
Improvement of Savannah River
1853
Savannah, Albany & Gulf Railroad
1853
Funding coupons and other purposes
1866
Bcdcmption of bouds
1869
do
do
,
1870
Bonds for city improvements
1870
Harbor, &e., improvements
1872
For floating indebtedness
1873
St. Joseph, Mo.
Bonds to St. Joseph & Denver City RR., 18G9. 1860 to '09
do
Missouri Valley Railroad
1869
Bomls for various purposes
1858 to '69
Bridjje bonds
1871

—

,

Louis—
Renewal and

1,000

500
1,000
1,000

Providence.

7g.
7g.
7g.
7g.

%'
7
7
7
7
7
7
7
7

7
6

A

7

7
10 A 6
10

Jan., 137tf

1885

Sept.,

Jan., 180a
Jan., 190
Jan., 190

July 1,190
July 1,18a

1878 to 19
1893
1876tol9(!
Jan.

1,

19

1903

A J.
San Francisco,
do
A O.
do
J. A J.
do
M. A N.
do
A. A O.
do
A. A O.
do
J. A D.
do
J. A J.
do
M. AN.
do
do
J. A J.
F. A A. New York and Savannah,
M. A N.
do
do
do
J. A D.
do
J. A J.
do
do
do
M. A N.
do
J. A J.
do
do
M. A N.
do
do
do
J. A J.
do
J. A J.
do
do
Various

g.

1870 to '91
April, 18';

do

J.

7

1913
1883 to '8S

181)2

J.

3,182,000
410,000

1893 to

1875tol]a

1907
Boston and Portland,

A O.
do
do
J. A J.
Providence.
M. A S.
do
J. A J.
do
J. A J. Boston, Prov. and London.
J. A J. N. Y., N. CityBank,APiov.
do
do
J. A J.
J. A J. London, Morton, Rose A Co
A J. N. Y., Metropolitan N. Bk.
F. A A.' New York and Rochester.
Various
do
do
J. A J.
N. Y., Uniou Trust Co.

172,000
750,000

548,000
108,300
484,500
377,000
250,000
197,000
240,000
385,000
475,000
210,000
150,000

Hospital bonds
House of Correction bonds

g.
g.

5g-

&c.
&c.
Ac.
Ac.
&c.
&e.
&c.
&c.
&c.
&c.

BaoatmaU, Qa.

J.

A.

5

1870 to 19

1870 to 19

Boston, Foote A French. Nov., 1880,'87, 88
Boston, Columbian Bank.
July, 1887
July 1, 18f
Boat., Blackstouc Nat. B'k.
June, 187';

N.

A

"

570.000
1,330,000
2,230,300
375,500

A

Philadelpliia.

J.

4,50,000

Principal—When
Due.

Whom.

&7
A5

7

6
4

Where Payable, and by

Pay'ble

A J. Phila., Far. A Mcch. N. B'k.
A J.
do
do
A J.
do
do
A J.
de
do
A J.
do
do
A. A O.
Pittsburg.
Various Pittsburg, Phila. & N. Y.
J. A J. New York, B'k of America.

6
6

PUlsburi/li~
.

When

A.

Various N. Y., Nat. Bit Commerce.
do
do
M. A N.
Various St. Joseph and New York.
J. A J. N. Y., Nat. B'k Commerce.

1, 1888
1877 to '78
1, 1883
July 1, 1894
May 1, 1895
April 1,1881
Oct. 1, 1887
June 1,1882 to '90
1897 A 1904
Nov. 1, 1891
July 1, 1894

Jan.
Oct.

Feb., 1878

Nov., 1833

Dec, 1888
Feb., 1886

Nov., 1879
June, 1890
Nov., 1900
Jan. 1 1902
JiUy 1 , 1903

1880

to '89

Nov., 1889
1878 to '89

1891

St

St.

floating debt

bonds

Louis CouHtjf—

Renewal bonds, coupon
Bonds to railroads, coupon
Insane Asylum
County Jail
General purposes, gold
Renewal, gold
Park bonds, couiwn, gold
County bouds
St. Paul, Minn.
Revenue bonds
Preferred bonds
8 per cent bonds

i

I

.
I

—

jjakc Superior

&

1867 to '71
1853 to '55
1867
1868
1872
1873 to '75
1875
1875

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

Various
Various
Various

Mississippi Railroad

1868

Paul & Chicago Railroad.
Public Park (Como.)

500 Ac.

St.

Toledo,

1,000

0.—

General fund and deficiency bonds, coupon.
Toledo & Woodville Raili'oad, eoujion
Various City purposes, coupon
do
do
do
do
do
do
Floating debt, coupon

Water works

'70,'71,'74

6
6
G

%'
6

F.

&

do
do
do
D. New York and

A
A O.
6 g. Various
M. A N.
M. A N.
6g. J. A J.
6g. J. A D.
J.

A
A
A
M. A
7
J. A
6
Gg J. A
6g: A. A
6g.
7

J.
J.
J.

ff.

450,000
2,300,000
500,000

J.
J.
J.
8.

N. Y., Nat. B'k Commerce.

June, 1887, to '90
April 1, 1892

do
do
New York or London.
do
do
do
do
N. Y., Nat. B'k Commerce

1891 to '93
Nov. 1,1893
May 1, 1895
July 1, 1894
Dec. 10, 1892

St. Lonis.

N. Y., Nat. Bt. Corameree.

D.
J,

O,

6g. M. AN.

12

A7
7
8

6

do
do
do
do
do
do
do

do
do
do
do
do
do
do

1, 188S
June. 1892
1893 to 1893
April 1,1903
May 1, 1895

Sept.

A N St. Paiil and New York.
do
do
A N.
Various N. Y., P. M. Myers A Co.
M.

J.
J.

A
A

A O.
A N.
A A.

D.
D. N. Y., Farmers' L.

A Tr.

1877 to 1881
1878 to 1880
July 1,1887

,M.

Co.

1876
1876
1889,

to '90
to '80
'90, '96

1888 A -98
1900

1
8

A.

7-3

M.

6

F.

lS5Jt-'74

589,.300

8

45,000
98,000

7

Various
Various

l,0O0,fK»0

1870 to '91
1870 to 1900
1879 to '86
1880 to '83
Aug., 1878
1870 to '89
1877 to '88

7

519,500
453,000
43,349

1869 & '73
1867
1873 & '74

do
do
do
do
do
do

A.

1859-'65

1870

Bank Republic

Various
Various

l^6 g. A.

1,400,000
100,000
500,000
000,000

499,927
67.210
263,125
200,000
100,000
100,000

Various N. Y., Nat.
Various
do
Various
do
Various
do

7-3
8

7A8

F.

New York,

A A

Various
Various

do
do
do
do
do
do
do

lS70to'88
May. 1900
1877 to '84
1876 to '89
1878 to '79
Aug. 1, 1877
1893 A '94

Short bonds, chargeable on special assessni'ts

1873-'75

n«»6«rj7A.—The

H. P. A F. Railroad bonds he.d. $500,000. Pppulation by U. S. census, 1870, 6-',901
by Slate census,

property valued nominally at about $4,237,t>fl0,
Assessed value of real estate, $11,000,000. Popul*

1875, 100,800.

tion in 1870, 28,235, against 22,292 in 18t!0.
St. Joseph. .Vo.— Population in 1870 was 1!>,5C5
against 8,9:32 in 1660. Assessed valuation of property,
$11,000,0)0; rate of tax, -23 mills.

debt Feb. 1, 1875, was $13,£33,819, including water loiui and bonds, charje.iblc
on local i»:?es?meiit?. Cash valaation in 1874 Real
property, J170,4r>.SM: pcv.onal, only $2,38S.2 fi,
according to Comptroller's report. Sinking funds,
$55.t.2(W.
Poonlatlon about 140,000,
Portlanit, Me.— The sinkitig fund March 31. 187(i,
was $527,13;. The city is protected by mortgages
on At. & St. Lawr. and on Portland A Rochester Railroads, and holds 7,143 sharo-i of Portland A
Ogdensburgli stock. Assessed va no of real estate
total

:

728.000

;

Kocfuster.—The bonds of Genesee Val. RR. loan,
$172 OO^, 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, $(12,000,000. Rate of tax, $1 3!.
San FroflcisCT.— Population by the U. S. census
of 1870 was 149.482, against m,&yi in 1860.
Real
estate in the fiscal year ending June 30. 18'5, wa
in 1873 was $17,775,3X1; personal, $li,045,71i. Tax assessed at S16.',4«B,177; personal property at $101,rate, $8.') per $1,(00, Population in 1870, 31,413, 7(>;i,*ti7; sinking funds raised annually amount to
against S6,3tl in 186\
$•'.34 500.
Tax rate, $1 5 per $100 for citv and
Providers, n.I.—The principal debt of Providence county, and .B) 9 10 for State purposes.
Total.
has been created since 1872 for walor works 1'hc 2.1.9 9-10. All the values for ^an Francisco are given
floaling debt at close of fiscal year Septemiier 30, io gold.
1S75, was $?,08O,:96, and funded debt, $6,797 261.
iSammah, Ga.-To provide for floating debt and
1'hc assessed valuation of all property in 187.i was maturing liabilities in 1873 anil 1874 *40J,0O0 bonds
$122,024.1(10 against $123,(,82.S00 in 187). Rate of Ux,
were issued and sold in Savannah re.iliz.ng $324,730,
$14 50 per tl.O(X). The sinking fnad for bonds due and leaving only about $138,277 i,f floating debt
in 1885, $410,G74; sinking funds of 1803,1149,972; Dec. SI, 1871. The city owns leal estate and other

1876

to '81

St. Lo«£5.— Population by the IT. S. census in 1S7C
The city and
310,664, against 160,77:3 in 1861.
county governments and finances are separate.
Total funded debt. Mar. 13, 1876, $16,31f, 000. Float

was

ing debt, Oct., 1875, was, $622,000 due Gas Light Co;
$3u0.000 Treasury warrants; and $105,000 due sinkins fund. "Taxable valaation of city property, 18T5,
$160 125,700; tax rate is '2 per cent. (V. V2, p. 51.3.)
St. Paid, Afinre.— Population in 1370 was 20.030;
in 1875, by State census, 31.237. Assessed valuatioc
of taxable property, $13,191, •.i85. or about one-fifttl
of the actual value; tax rate, 14 mills. (V. 15. p. 62('j.;

Toledo— Funded debt, -Tan., 1876, $2,828,7.^4; inl.sr"-, $186 87. Di-bt payable by special
assessments, S728,0J0. Taxable valuation of propcrease during

erty, $19,798,^80; lax rate, $4 41 per $100.

.:

8abs«rlbers will confer a creat fkvor by slvlnc

DESCRIPTION.
Kor explanation of csolunin Iica4liug8,

on

flist

page of

see notes

4ie.,

tablcH.

Al((biiinti Central— (Si--\mn & Merid.)— let niort
Alabuina i£C/irtW.~I«tinort.,gol(l, ffiiar. by Alit
2<1 liidi't., $0,000 peiuiilr. uot i^uraiiteod
K«t'(;lv<^r*H b(ni*U or certittcates
Alltatii/ (C Sastnulianna
Stock

I«t iriditKago

:t(l

—

be

ro(f.

..

2d

RR

witU trarnc guarantee

—

Alrhisim, Toiieka

<£•

Pitts.

it

iiiortgagc, Income
Atrhinfin d- .\ i-Orufifca Iftt

— Ist mortgage

mortgage

Smila i'e— 1st mort., gold
gold (on 3,000,000 tti'res).

I.:nul fjraiitniortgafe'C,
IiK-itiiio

Coiisdl.

of

Size, or

P„_
Value.

1871
18U9
1800
1872

1,000
1,000
1,000

ises
1865
1869
18C9
1876

Amount

7

933,000

6

M.

500 Ac.

7

A.

1,000

M.

l..')(K),0<KI

7
7

<£

50

2,1(I6,.500

4,000,(MK>

l',000

l>,(t80,000
5,'t03.9(H)
l,<>0O,(K)O

7 or

1,200,000
1,500,000

84 7 g.

1,000
1,000
.VKi'&c.

500 &c.

bonds
bonds, gold

& Houtinvcst.

(leased) 1st M., gold, guar..

—

Atlanta

tt West Point
Stock
d: Oi-eal irc«/er«— Stock (total $40,000,000)
Prcforred stock
Old 1st mortgage bonds, Ohio Division
1st general mortgage (.$18,000,000)
2d
do
do
($12.000.000)
3d
do
do
($29,000,000)
Leased lines rental gold bonds (CI. & M.)
do
do
(P. P., P. V. and 8. & A.)
Western E.xtcnsion certillcatcs (CI., Col., Cln. & I.)

Atlantic

do
AtUmtle

tC

do

do

Oulf— Common stock

GnaraiiteiMl stock
Consolidated 1st mortgage
Savaririali

Albany

Soutlicrn Georgia

do

<&

do

—

1,000
1,000

1871
1871
1871
1872
1873
1873

500 iiO.
500 &e.
500 &c.

4(!6

400
460

i

mortgage
2d mortgage

Ist

Atlantic, Miss. <t Ohio Stock, (com'n, pref & gniu.).
1st mort. consolidated, gold (for $15,000,000)
2d mort. to the State (no interest till 1880)
Norfolk <fe Petersburg— 1st mortgage
.

do
do
1st
do
do
do
2d
do
South Side— 1st preferred consoUdntcd mortgage
do
2d
do
do
do
do
3d
do
do
do
Virginia <& Tennessee— Enlarged mortgage
do
do
4th mortgage
do
do
Registered certificates
do
do
Interest funding bonds

1867

"58
58

1869
1869

428
428
428
81

81
81

133
133
133
214
214

P«ci/(<;— Common stock
Preferred stock, Missouri division
do
do Central division
1st mort. (Sonthern Paeilic),gold (land grant)
Ist mort. (At. & Pac), gold, on 500 acres land
2d mort. (At. & Pac, Jlo. Div.), gold
Ist mort. (Cent. div. At. & Pac.), gold
do
do
do
land grant

vl(/(wi/ic if

'.

328
328
328
293
293
293
35

Income bonds for funding
Equifmient bonds

7
"i'e-

cC-

•.

2d mortgage, sterling, 5-20 years
3d
do
do
do
Sterling bonds, not mortgages
Augusta di Savannah—Stov}i

1.50
1.50

150
150

8
8
8

7.188,.500

2,829,000
2,015„500
1,189,000
795.000
599,300

100
1,000

£100
£100
£100

6

May

3.

1S75,

for tl,2CIO,0(X), subject to lien of receiver's certiflcates. (V. Jl, p. 38, 62, 253, 3J2, 322, 611; V. ii, p.

10
3

•^•
6g.
6g.
6g.

484,000
1,022,900

and now

ct BichmondAir
in litk'ation.

3»a

£tn«.—Difaultcd

A

21,

m

Alexandria <t f'ndricksbtirfT.—The Pennsylvania
Railroad holds $514.*;0 of the bonds and controls
the road. Loss on operation in 1873, $25,074.

Arkantax C'ntral. - Mo.«t of the bonds were sold in
London, where $600^00(1 of gd mortgage bonds were
also hypothecated. Receiver apiiontcd, March. 187G.
(V. Si, p. 374.)
Ashlaiu'a, Youigxlowi it Pitt)i.—U is lea«ed and
operated by Pcnns'jivania Co. at cost. Net earnings
paid to lessor, bat 'essee guarantees interesi on
let

mortgage for

11,50(1.000;

years.
five
preferred, «400,1;00.

Common

stock,

Net earnings,

1<7>,

|S4,156.

Atchison (t AV&rafia.— Interest was in defaalt
September, 1878. and coupons funded. Gross eamingc 1876, *a7ii.9-5; net, t^i; unpaid coupons to
Jan., 187C, 1750,000. Ai nnal report V. 22, p. 899.

A
A
A
A

J.
J.

A
A

Oct. 1. 1978
•Jan.. lUOS

1809

Sept..

Nov., 1903
Jan., 1003
Jan., 1908

Co.'s OfllM.

July

do

1878

1,

Savanuali.

1875

N.Y.,M.K.Je«npP.ACo.
do
do
do
do
do
do

July, 1807

J.
J.

p. 14, 85,

418,

July 1. 18SS
Jan. 1, »t-W>
Jan. 1. 84-W>
Jan. 1, 8»-'90
'

'

Jnir
Mrb.
Jan.

July

1,
1.
1,
1,

1884
1900
1875
1880

Jnly, 1888
July, 1888
Nov., 1891
Nov.. 1801

N. T., OfHce of Comp'ny

do
do
do
do
do
do

1901

1,

Jan. 1, 1877
Jan. 1, 1877

do
do
do
do
do
do

Nov.

1,

1001

Dec. 1. 1888

Jnne

IMS

Dee.
do
Comp'ny Jan.

1,
1.
1.
1,

May

2,

1W»

London, Gr. Trunk Rw.l Oct.

1,
1,
1,

1891

Deo.

1^

1883
1884
N. y.. Office of
Feb.. 1876
Portland.
London, Ur. Trunk Rw. Mch. 15,1878
do

Portland.

do
do

do
do

Oet.

Nov.

1884
1878

June, 1876

Bavannnli.

part.

Funding notes aao 1875 and
In October. 1875, in London, tbe

ISTi*

were

compaay

to fond whole

thereof, at RUhmond, Va., March. 187B. and la
.lane recelv.-rs were appointed. Extract from Preai*
dent Mahone's circular to bondboldera, showlnc the
financial condition. I* given In the CnBoxici-a. V.
(V. «i. p. Ma, Ul; V. M, p. 110. 811.
22, p. 2M>.
280, 887; V. «, p. £67. 68 1.)

—

Atla tic <6 Great IV^jttem.— This road was leased
to the Erie f or »!» years from May ', 1874, bat the
Shortly after (in
lease did not go into effect.
The
.luly, l'!"4) dcfanlt was made on its bonds.
last annual report, to Octi^bcr I, \i',\ will be
found in V. 2^ p. 371- IVocecdrngs looking to
re-organiziition are in progress, and a considerable
amonnt of ^'curiiies has neen deposited by holde s with the London Committee. (V. 20. p. 85. 189.
•JS9, 4911, .592: V. 21, p. 186, 159, £30, 893, 4lO; V. 22,
p. 181,3.7,85;.)

AOan

<c <( nir(ili;.— This

Oct., ISJO.of the Atlantic

The land grant amonnts

wa« a

A Pacific

consolidation, ia
and So. Pacific.

some

1.000,"00 acres.
Interest was passed Jan .,'74, on the land grant bonds,
the 2d mortgage and the Interest scrip, bat conpon*

to

A break In the company's ait/ilrs occurred
In October, 1875; the Missouri Pacific lease was rerfunded

endered and complicated htlgation ayalnst the AOtntic A Paclrtc Company con'menced. Receivers were
lutcrest of January. 187o. on land grant
bonds was not paid, and interest on the Sd morlnM
bonds of the Missouri Pacific is also nnpaM. TiM
latter were nio«tly held by the Atlantic A PaeMa
('ompany.
llecree of foreclosure made June T,
lt7«. (V. M. p. »«; V. »I, p. », 418, 440, 466; V. «.

appointed.

Atlantic it Ouir.—Qrogs earnings In I87S were
earnings, $S26,!I.P.
The C mnet
965,809;
pany ais^ has $.500,000 in ]ier cent couoon notes
outstnnillne; $4.'),00a .lunction Branch RR. bends,
and t5!,5,':0 Bainbiideo "Extension bonds. (V. SI, p.
415,488; X.'ii, p. 169.)

p. 61, S5i, S74, 471, 68t.)

Atlantic A St. iairrfaw.— Leased for MB year*.
from July, 1853, to Grand Trcnk Railway ot
Canada. Annual rent, 6 per cent on bosda anA

—

Of the stock
Atlantic, .VusisHppi tt Ohk>.
$5,815,700 is common. $800,000 p:etcrro<l, and $276.llwlf.
holds
the company,
gaaranteed;
•iM
the prefvrred,
$1.441,-200
of the common, all
(; oss earnand $Iti5,"00 of the gnarantciMl stock.
ings year ending September 30, lt-75. $1,78),4M;
expeni-es. $1,108,947; net earnings, $ti7S.50.^. There
was a decrease of proas revenue by $45,890,

Oet.

Bank

coupon then doe,
on consol. bonds, and four-sevenths of coepoaa dee
np to 1881. paying three per cent cash on coapoae
A bill to foiccloea
till 18SI, and balance. If earned.
tie consolidated mortgage was filed by the tmateee

In 1873,

3ffl,

1880
1880

N. Y., Flrrt NaV. Bank.

made a pmpisal

Atlanta it West Point. The road has paid 8 per
cent dividends for some years; It baa aboDt VOO,
%000
of bonds.

.

18M
1, IflM
Jul/, IWt

.

in

(V. 22, p. S99, 495.)

Alleghany VaUfy.—T^\» road was embarra'sed in
and compromiped with creditors. The unsclilcd debt Jun 1, U76. was 86rs,14().
Abstract of
operations
1875 in annual report, V. 22, p. 392.

IIWI

Uot.,

ond a decrease of net revenue of $M,114. Of the
$15,000,000 loan enough is held to retire all the
old debt.
The company funded one roopon on
old bonds, Jan 1874. but paid sabecqaeat conpoaa

decree of s;dc in foreReport of earn1875.

m

1874,

J.
J.
J.
J.

issued.

A Susquehanna. — This road was leased for closure was made October.
1.W years from ItiTO to Delaware A Hadson Canal ings, Ac., V. 22, p. 135. (V.
Co., at 7 per cent per annum, on stock and bonds. m, 613; V. S2, p. S89.)
Important change
terms made in 1876. Consol.
mortgage is for tlO,0;0,0 (1. of which t3,4.:0,000 is
to retire old bonds, and balance to lessee for improvements, which np to April, 1876, were 81,978,672.

6g.
6e-

Hi.)

Albany

IWM

I.

June

do
do
do
do

do
do
do
do
do
do
do
Lynrlibnrg OWce.
N. v., Flrat Kat. Bank.

A D.
A D.
A J.
AD.
Q-J.
F. A A.
M. A S.
M. AN.
A. A O.
M. A N.
-M. A N.
J. A D.

Atchison, Topeka <6 Sania Fe.—Vet earnings. I8"S,
Interest is paid on $!)7(i,<(iO of the 3d
f8il,>07.
consol. mor*ga-"e bonds, but on the balance of that
issue the coupons are funded to Oct. I, 1S76.
(V.
21, p. 63, 136, aiS, 591; V. 22, p. -.32, 8.7,

Atlanta

61, 87, 135, 157, S2I.)

do
do
do
do
London,
do

do
do
do
do
do
do
do

J.
J.
J.
J.

g-

10

71-3,000

100

O.

Sk- M. A N.
Og. M. A N.
Sk- In 1901

450,000
35,128
4,964,872
787,000
1,500,000

£100
1868
1864
1871
1853

New York and I»ndoD

nr l/ondon

PItlHbuigli.
Diilu., Prnii. KR.

N. T., First Nat.

6
6
6

1,290,500

53

Alabama Cenlril.-ln default since Jannary, ISTO.
Negotiations pending for a uew adjustmeut.
Chattanooga.— TioAi sold

150
150

April

A

8
8

362,500

Stock, sterling
l'<utland city lionds, 1st mort., sinking fund

Mar. 18,

dn
do

Phllu<li'l|ihln

"e
7

226,300
8,300,300
10,000,000
1,400,000

100
100
100
500 &c.
500 Ac.
500 &.C.
500 ic.

18

Oft.,

di>

A ((.
dt <>.
A V

J.

7

87,811

1873
1874

Land debtmtures
Atlantic
AY. LowreHec—Stock, currency

*

1,000
1,000
Var'ne Various
1869 100 &e.

1868
1868
1871
1871
1871
1873

7
7

1.57,000

200 &c.
200 to.

do

&

k.AN.
A J.
M. A N.
M. A N.
A. AC.

"sifl

458.000
675,000
621,000
452,500
990,000
903,000

1,000
1,000

Hud.Caii.(!i>

7

200,000
6,921,900
5,470,000
4,000,000
300,000

500 Ac.
500 Ac.

A

du
do
do
do

&. K.
dt O.

A J.
A 8.
AN
A J
A J.
A J

I'-

7.53,000

Intfrest scrip (exchangeable for bonds)
Plain bond.'*, scrip excuangcd

Alabami

1871
1871
1857
1857
1868
1866
1866
1806
1834
1865

7

3,693.200
785,976
2,000,000
300,000
464,000

100
500 &c.

N.Y.,I><'I.

mm

Jan. 1, 18
Jnly, It
Nov., 18

i'AHnmerer.

A.

3,568,000

iix)

•286

. . .

•

2,0(10,000
l,748,.5O0

lit

&•"J. Uindon A AniNlmlam.
1901
A O N. Y.,W)iiKliiw.l.Aro,
1004
A J. PittslMirgli, I'enn. Co.
8
M. A B.
Sept. 1. IMS
DuAton, at (IIHcr.
J. * J. N. Y., a. Oralyke A Co.
July, IBM
A. 6c O.
Boafou.
Oet. 1. IMO
ll"^- J. A J.
A.
IIMKI
A
O.
Bontou.
?'•
•77,"78,'79 A-MI
J. A J.
do
12
J. A J.
do
7
M. A N
do
J. A J.
do
Joly 1, 1903
I'- J. A J. N.Y..M.K.JeBnp, P.A Co July 1, lOM
4
J. A J. Atlanta, Ga., atTreaa'y. Feb. 1, una

0,876.2.50
2,4I6,:)00

500

S. Y., H'k

J.

3,374.000
475,000
3,030,000

5,3r,r.,00<)

&
A
& N.
AO

IJ.

15,165,200
11.989,080
28,783,000

'

-

A.
A.
J.

7g.

400,000
3,750,000
7,041,000

1,000
1,000

34U

g.

7
7

412,000
4,248,000
1,232.200
24,795,208

100
100
100

law

J N. Y., wii'i.lowi I,. A Co Marrb 1, 18
Jau'ur) Hue risbiirg, Tr(4u«ur)'. (HtNi.tMioyTljr.

J.

ft

523.5(M>

27 13 1872
203 13 1870
87
585
585

bonds

Gulf RR. mort. bonds

& Florida,

"7-30

503,000
475,000

Hichnwnd A ir Line— iHt mortgage

A.

1,000

income bonds
bonds (contingent)

Wicliita

3«a

iMir.

Juuc, 1001
Jan.,
Jan..

7

3,400.000

Wbrn

Mbiek»-lMMt
UIyUIcuiL

whom.
N. Y., Third Nat. Bank.

1,<K)0,OUO

I'ott.iwat toniie

At/(tnta

8
8
8

2,00O,(X>0
3H4,0<M>

Not4'«
I«iiid

3

Pay able

UmiI.

J.
J.

500 &o.

nal.

Kitte nci

5,220,000
2,073,000
1 ,200,000
3,600,000

100 &e.

Amtif*— PrlDcl-

tWTEKKHT OK DlVntKWDa.
When Wlien Pursble. and by

.

$1,600,0<K>

1,000
1,000
1,000

siii

•(!«• ar mnr arror «lMair*r«« to tkaaa Taklaa.

.

Ouftaudlng

1(K)

1806
2(!2
1870
110 1871
1874
"si
1800
48 1871
021s 1871
021a 1874
l.^K)
1871
470 1869
1870

Alcxamtria if- Frcdt'LCfcultuiy—lHt inort^^aKC
.1 fkansaa C'<:nii'(U~lt^t & 2d niortKaK'"^- ^old
Afihtdhitla, Yountjstotcn

of

i«t«

Ii

Road. Bonds

201
142
142
142
142
142
202
132

'Jd iiKtrt^aK*'

may

Date

81

AUiaiiy City loan (ninkiug fuu(t, 1 per ct. yearly).
iiicirtgaKc, uliikiuKf un<l
Cdiiwil. Miort. (Kiiar. D. ifell.) coup.,
Atiti/lnin}/ Valtetj Stock
(iciicral niortKapo
lionilH to State Fa. (eudorsed) 2d inort
iHt inort., Ka.st'n Exteii., ^iiar. by Pa.

Miles

296

—

Kuiiiliag Ineouio bonds,

AND BONDS.

I^AILBOAD STOCKS

24, 1876.]

.•u.;e

stock.

.

A ugufia Jk SarannaK—lteateA to Central of Georgia for $73.1100 per annum ; has snrplos food of

1

abont

(60,100.

RAILUOAD STOCKS AND BONDS.

XIV
Snbscrlbers

nrlll

eoaler a sreat raror bf strlns Immediate notice or

DESCRIPTION.
&o., see notes

uioitKaKP ($5,000 per year)

SxUlmore

d-

Size or

of
par
of
Boad. Bonds Value.

BeUd Eagle Fo/fev— l8tmort.,8. f.($3,000per}-ean.
2(1

Date

Miles

For explanation of column headings,
on iirat page of tables.

Ohio—Stock

Prcfcrreil stock

Wa«liliigton branch
Loan, 1850
Loan, 1 853
do 1870, sterling, «800,000
Baltiuioro loan, 1855-'00
Debentures, sterling
Sterling mortgage
sinking fund
do
do
Purchascof ConucUsv. KK (payal>le$40,OOOy'l}-)
Northwestern Virginia, 3d mortgage, 1855-83 ...
Balliiiiore <t J'olomac—lat moTt (tunnel) gold
let mortgage, gold, (main line)
2d mortgage, income, main line and tunnel
SeHevilleit Soii(/». i//.— Ist M.,8lnk'gfimd, guar
Selntlere Del.— Ist M. b'ds of 1802 (guar, by C. A A.)
do )
do
2d mortgage, bonds of 1854
do )
do
1857
(
do
do
3d
Connol. mortgage of 1867
BerleshireStock
Boaton <* AlbanyStook
Alb.-vny loans (Albany & West Stockbrldge)
(

Dollar loan
Loan of 1875, coupon or registered
Boiton. Clinton <t Fitchburg d! Neiv Bedford—Stock.
1st mortgage, Agricultural Branch
Mortgiige bonds 1869-70
Equipment notes
New Bedford Uailroad Imuds
Boston, Concord <£ Montreal Preferred stock
Com. stock (for old dividends & new stock)
Sinking fund bond.s
Consolidated mortgage bonds (for $2,000,000) ....
Boaton <t Lowell— Slock.

—

Cent.

1870
1855

X200
£100

1872
1874
1875
1853
1871
92>4 1871
92 14 1875
56 1866
67 1852
1834
1857
1876
21
270
39 1841

411
421

£•200

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

500
500

29
43

600,000
20,129,282
103,000
4,790,000
800,000
2,681,750
400,000
499,600
600,000
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

1,000
1.000
1,000

1875

1854

1,600
1,000
1,000

'69-'70

'61-'74 3(K) &c.

160
1858
1873

160
113

100
100
100 &c.
100 &e.
500

Mortgage, wharf purchase

1872
1870

Bonds

New bonds
Boston <« Jfai lie—Stock
Bonds, coupon and registered
Boston tt iVeiP York A I'r-iiiie— 1st mortgage
Boston le Providence—StocK
Bonds to purchase branches, coupon or registered
Buff.,13rad.>e ruts.— Gen. M.,(incl. 10,000 ac. I'd
Buffalo, New York dt .Er»«—Stock
1st mortgage bouds
2d mortgage
Consol, mortgage
Buffalo, y. T. tt FhUad^phia—lat mort., gold
2d mortgage (for $1,000,000)
Bxirlington, 0. Itapids d: Minn. 1st M., gold s. f
Ist mortgage, gold (Mil. div.) coupon or regist'd.
Pacitic exten.sion bonds

—

Muscatine western extension
Income and eipiipment mortgage
Burl.d- Mo. Itiv.—lat M. on r'd& 400.000 ac's I'd
Bonds, conv. into C. B. & Q, st'k (3d aeries).

1
I

&

Income

'•gii

a'ai

b'ds, couv. C. B.
Q. st'k (4th ser.) ^ "_g
Ist mortgage, conv. do. on branch (5tli ser.) - ^
Convertible bouds, C. B.
Q. st'k (6th ser.) ) o.=
.Burl, if Jfo. in iVcft.— 1st M., couv., land gr.. ) Coup

&

Bonds, convertible

Omaha
Burl.d

till

J.in.,1882

3. W'., 1st mortgage, guar
Sotilhtcest.
Ist mort., op.,
tfe

—
—
—
—

>

may

be rg.
be reg
)

may

Cairo d St. Louis 1st mortgage
Cairo d Vincennes 1st mortgage, gold
GaUfovnia Pacijic 1st mortgage, gold
2d mortg age, endorsed by Central Paelflc
Oamden dt Aitonfic—Stock ($838,150 of it pref.)
1st mortgage
2d mortgage

Camdfn d Il'urlington 6'i>.— 1st mortgage
Canada Southern — Ist M., gold, s. f., cp. reg
«Sc

Tol., Can. S. & Det., Ist mortgage
Carolina (7eii(roi— Ist mortgage, gold, coupon

100
1873-4 500 &c.
1875
1,000
52
63
100
1873

143

"2(3

1,600

100

142
140
140
140
121
121
219
94

1857

1871
1873
1869
1872
2414 1872
31 1872
1874
281 1863
1868
1869
40 1869
1870
ibi 1869
1873
"49
1872
105 1870
1.50
1871
156 1871
141 1869
141 1871
60
60 1853
60 18.55
31
18(J7
291 1870

242
242

Income bonds, coupon

1,000

500 &c.

805,.500

&c

100

5,715,000
600,000
1,034,000
20,000 p.
2,500,000
3,500,000
2,250,000
1,600,000
1,215,550

1,000
1.000

490,000
500,000

1,000
1,000
1,660
1.000
1,000

8

A.

6g.
6g.
6g.

%'
6
6

g.

6g.
6
8

6
6
6

1^
5

6&7
3
'

3
6

9,000,000
1,500,000

1,660
1,000

3,0(X),000

7
7
4
7
7
3I3

7
7

7g.
iS^-

?*•
7 g.
7g.
?«•
8
8
8
8
8
8

8
8
g.
g.

i«7g.
7
6

7g.
!«•

3,000,000

—

Bald Eagle Valley. Leased to Pennsylvania Kail- main western trunk line of New England. In past
road at 40 per cent of groga receipts. The Pennsyl- three years the following has been Its exhibit;
vania liailroad holds all the 3d mortgagn bonds.
Gross
Net
Total Stock
Earnings.
Earnings.
and Debt.
Baltimore dt Ohio The B. & O,, in comparison
$36,47r<,28J
S?.fa*,I39
$2,262,147
vrith its rival trunk lines, claims a much smaller 18,M5
187:1-4
8,96.3,128
...
2,411,916
25,422,100
capital account
porpoi Lin-.-> to the valan of its
2,2iS,873
24.183,100
property. Ihe gross earnings of main stem aid 187*3 .... 9,798,0:H
$5,000,000
new
bonds
were
authorized
in
Feb.,
1875.
branches, and financial condition of B. & O. Co.
(V 20, n. 14. 162, 502; V. 21, p. 4«4.)
for four years were as follows
Gross
Net
Stock and
Boston, Clinton. FltcKbnrg it New Bedford.Earnings.
Earnings.
Debt.
This was a consolidation in May, 1816. of the
1874-5
$10,ilJ,178
$*,mi.m
t47,n:i,l»4 Bo*ton, Clinton & Fitchburg and the New Bedford

—

m

.

;

1873-1
1872-8 ....

11,69.3,955

l«ll--i

10,654,472

12,S58,'m

5,018,0«0
4,934.798
4,532,072

45,S7I),927

88,567,899
2:t,]6I,:j«9

The

gross earnings of the main and all leased lines
in 1874-75 were $14,426,552, and net earnings,
$4,490,098.
The company claims a surplus of
$34,023,.^6, 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,
the operating contract with Pittsburgh & Connelleville road was ratified, by which B. & O. guarantees
410,000,000 bonds. See report in Chbonici,e,V. 21,
p. 487. and V. 22, p. 44U.
(V. 20. p. 183. 3'll. 404,
453. :92; V. 81, p. 371, 511, 591 V. 22, p. 374 446.)
;

Baltimore dk Polomae. —This is the line of the
Pennsylvania Railroad from Baltimore to Washington. The bonds are guaranteed by Pcnn. RR. and
Northern Central. Last annual report V. 22, p. 588.
Belleoille dt iSmdhfrnJUinois.— Leased and operated
by St. L. Alt. & T. H. Co. on a perrentage of gross
earnings. Gross earnings, '75, $27»,'J37. (V.20, p.SiO.
BelHdere Delaware.-S'.ock is $933,700. Leased to
United Co.'s of N.J and lease assigned to Penn. RR
Net earnings go to lessor. In 1875 not earnim'.of D
D. were $22>,4'4, ajslnjt $4 6.3()7 in 18r4. Floatin"
,

debt, tl,24),39*.

(V. 20, p. 488.)
Berkshire.— Li'inea to Housatonic, at 7 per cent
per year on stock.

Bos'on

it

A'.&an'j.—'The Boston

&

Albany

is

the

Railroads. (V

591

V. 22, p. 471, 581, 544.)
Boston, Concord db Montreal.— Gross earnings for
the year ending with M«rch, 1S76, were |;6!f3,354;
net earnings, $182,01!. There are also $76,000 old
bonds due in 1865. (V. 22, p. S6S.)
.21. p. 84,

;

Boston <fc ZohW;.— Operated with the Nashua &
Lowell, which receives 31 per cent. (V. 2J, p. S5;
V. 82, p. 42 )
Boston dk Maine.— yet income, 1874-5, over interest
payments. $607,97^. Pools earnings from competing
points with Eastern. (V. 20, p. 14, 614; V. 81, p.
533; V. 22. p. 280.)
Boston dk JV. F. Air iin*.— Foimerly N. Haven
Middletown & Wil. Road cost about $«,000.00;i,
reprcsfuled
$1,000,000

now by

common.

$3,000,000 preferred stock
(V. 82, p. 567.)

& M. Bank
do
do
Baltimore Office.
do
do
Bait., Mech's Nat. Bank
Baltimore Office.
London.
Baltimore Office.
London, Naylor & Co.
London.
do
Phlla..Farm.

and

Boston db Pivvidence.—Tbe bnnds and alfo $954,000
notes have been issued for purchase of branch
roads. Total income. 1874-5, $I,58I,2.'>S; net, over
operating expen-es, $147,236. (V. 81, p. 5fe9.)
Buffalo, Bradford dk H/t^burgh— Under perpetual
lease to Eiie at $40,61,0
yeiir.

pr

Buffalo, New York dk ©•!.— Leased to Erie in
for 490 years, at 7 per cent on stock and interest
In 1873 Erie bought
$500,,S00 of the stock at $130 per share. (V.80,p.61,614.)
tSf)."!,

and sinking fund on bonds.

Buffalo, New Yok dh Phiiadelithia.—TMs is the
cnnnectin" line of the Philadelphia & Erie with
Buffalo. In 1374 the net earnings were $13J,813.

July
July

1,
1,
1,
1,

I

18!

1884
1876
1876
April 17, 1875
1880
1885
1895
1890
1876,'78 &'80
Mch. 1, 1902
1910
1876-1900
Baltimore.
Bait., Mech's Nat. Bank
1885
Baltimore or London. July 1, 1911
April 1, 1911
do
do
Jan. 1, 191S
Baltimore.
N. y., Russell Sage.
Oct. 1, 1896
Trenton, N. J., Office.
1877
1885
Philadelphia.
1887
do
Treasurer, Trcnton,N.J. Jan. 1, 191
Boston, Kiiiaer, P. & Co April 10, 1876
Boston Otlice.
May 15, 187G
July, 1876
do
1891 to '92
do
July 1, 1895
do

.1.

May
May

i

Boston, Boston N.

Bank July

M.

&
&
&
&

N.

Boston

Office.

J.

&"j.

Boston
do

Office.

J.

pal. When Due.
Sloeks-ljiiit

Dividend.

do
do

O.

do
do

Boston, Suffolk N.

J.

Bank

& O.
do
& J.
Boston, at Office.
& O.
do
do
& O.
do
do
J. & J.
do
do
M. & N.
Boston, at Oflice.
M. & N.
do
do
F. & A.
New York.
M. & N.
Boaton, at Office.
J. & J.
do
do
J. & J.
New York, Erie RR.
F. & A.
N. Y., Erie Railway.
J. & D,
do
do
M. & N,
do
do
J. & D,
do
do
J. & J. N. Y., Farm. L. & T. Co,
J. & J.
do
do
M. & N. New York or London.
F. & A.
do
do
& J.
do
do
M. & S.
do
do
J. &D.
do
do
A. & O. Boaton and New York.
J. & J. Boston, by Treasurer.
A. & O. Boston and New York.
J. & J.
do
do
J. & J.
do
do
J. & J.
Boston Office.
J. & J.
do
J. & D
do
M. & N.
Boston, Go's Office.
A. & O.
A. & O. New York and London,
J. & J. N. Y., Nat'l Park Bank,
do
J. & J.
do
Camden, Co.'s Office.
Q.-J.
PhUa.,
Farm.
J. & J.
& M. B'k.
A. & O.
do
do
Phila.
and
Mt.
F. & A.
IIoUv.
J. & J. N. Y., Union Trust (Jo.
J. &. J.
J. & J. N. Y. Office, 4 Broad st.
do
A. & O.
do
A.

1,

1889

A.
A.

3

7
7
7

by

J.

7
6

3.50,000

1,000

6'

6&7

m

500 &c,

1873
1874

J. '&"j.
J.
J.

6

308,500
300,000
290,000
407,000

&c-

&c
&c
&o
&c
Ac

7

M.

6
6

5,400,000
2,200,000
1,800,000
800,000
2,000.000
4,638,250

1,660
1,000
1,000
1,000
1,000

50
500
500
500
500
500
500

6
7
7

J.
J.

5

7

100
100

1871-2

7
3
3

1.000

When Where Payable
and
~
Whom.

Pay'ble

& 3.
&
& N.
M. & N.
A. & O.
J. & J.
A. & O.
M. & S.
J. & J.
J. & J.
M. & 8.
& O.
& J.
& J.
& J.
& O.
& J.
& o.
& D.
M. & 8.
F. & A.
J. & J.
Q.—J.
M.& N.
J. & J.
F. & A.
J. & J.

$336,900
100,000
13,144,100
4,348,469
1,650,000
579,500
1,710,000
3,398,936
3,253,026
3,872,000
9,198,852
9,576,000
1,000,000
140,000
1,500,000
3,000,000
1,133,000
1,100,000
1,000,000
499,500
745,000

18.53

1874-5

anr error dUcoTered In these Tablra.
iioiirf*— Princi
INTEREST OR DIVIDENDS.

Amount
Outstanding Rate per

1861 $100&c.
1864
1,000
100
100
100
1850

51
51

688
52
30

[June 24, 1876.

.1.

&

1884
'90

1881, '82 dt ;83
July, 1881A- 94

May

15.

1876

1889
1893
Jan.

1,
1,
1,
1,

m

187^

1879
April
1892
July
1896
May 15, 1876
Jan. 1, 1893
Aug. 1, 1895
May 15,1876
July 1, 1893
Jan. 1, 1896
June 11, 1875
Dec. 1, 1877
Oct.

July
July

1896
1893
1919
Feb., 1902
Jan. 1, 1909
Sept. 1, 1908
June 1, 1904
Oct. 1, 1893
July 1, 1878
April 1, 1879
July 1, 1894
July 1, 1889
July 1, 1894
Jan. 1, 1883
June 1, 1896

May

May
Oct.

1,
1,
1,

1, 189.'>
2, 1901

1909
1, 1889
1891
April 15, 1876
Jan., 1893
Oct., 1879
1897
Jan. 1, 1906
Oct.,

Jan.

July

AprU

1,
1,

1923
1914

<t Minnesota.— In 1874
in interest.
sale in foreclosure
(V. 21, p. 85, 877, 591; V. 22, p. 3S0,

Bunington, Cedar Rapids
default

June

A

was made

82. 1876.

374, 495, t67.)

Burlington c6 Missouri Biver.—An agreement of
consolidation and a perpetual Icise to Cliicago, Bor.
& Quincy, was m.ade in Oct., 1572. In August, 1675,
stock of Chic. Burl. & Q. was issued in place of
stock of this Co. and for convertible bond,*. Annual
report V. 20, p. 33 S. (V. 2i, p. 139; V. 22, p. 87.)
Burlington dk Missouri in Nebraska Th« stock is
A report of company's operations. &c.,
$8,583,750.
to Jan. 1, 1376, ha* not been published, but we
have the earnings in 1875 as $:23,H4.3, and expenses,
$351,54.3.
The total land sales up to Jan. 1, 187«,
amounted to 731,164 acres for $Q.3.3.i,675, after deductions for dead contracts.
(V. 20, p. 289, 593; V.

—

22, p. 471.)

Burlington <t So'Mwestem.—'DetaaHed Nov., 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo <* St. io'/is.— Defaulted in 1873 by failure
to receive town and county bonds. Road completed
February, l-iTS.
(V. 80, p. S6S, 313; V. 21, p. 31,
441
V. 22. p, 352.)
Cairo dk Vincennes.— DefanUed in 1874. In hands
of receiver. (V. 80, p. 4'J9; V. 31, p. 63, 332; V. 22,
;

p. 44S.)

California Pacific.

and incomes of

Extension bonds ot $3,500,000
have been in default, but

$1,030,00(1

a proposal offered by Central Pacific. (V.
Also V. 80, p. 5.6; V 2:, p. 1.59, 277; V.

21. p. 315.
82, p. 181,

880, 49^.1

Camden lE Atlantic— yet earnings, 1875, $807,642.
Camden dt Burlington Co.— Leasid t> United
Companies, at 6 per cent on S:3i2,000 stock.
Canada StowWera.— Defaulted January, 18"4, and
coupons funded, but interest not pai July, 1S75.
I

In Jiinuarv, 1876. passed into N. Y. Central control.
(V. 81. p. 159: V. 22, p. Hi, :i9'.>, 5(;7.)
Carolina Central.— ¥om\eT\y Wilmington, CharPassed interest Jauuary, 1876.
lotto & Rutlierfurd.
(V. 20, p. 15.)

.

.
.

.

aab»criber« will conftr

a.

grot favor by

DE8CBIPTI0N.
For explanation of coliuiiii

on

tlTBt

lieadinf^g,

paKo of

Ac,

glTtn g

UUe* Date
Bee notes

tablcH.

of

—

100
40

iiiorl k;i>,'C

Sttsfiitehanna—Stock
Cedar Falls tt J/j'hii.— Bonds on Igt dtv. sink, fund

"so

1872
1871

Cttuttf/a rf

Konds on 2d

14
01

.

fund
Minsouri— Common stock
Preferred stock, 7 per cent
division, sinking

it;

let nioitgage

do
do
Cenlral R. n. <t Jiank, (la.—Utook
(iintriil morljfage (ioint) bonds ($.'5,000,000) coup.

Macon

& Western

274
128
70
58
140
205
015

bonds
Bonds for steamships
Otnlral of Iowa — 1st moi-t|;aKe gold, coupon
lid mortjjnge, gold, $4,000 i)er mile

231
231
291
74

Central of Keio Jersey—Stock

Mortgage bonds

Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000)
Newark ifc New York, 1st mortgage
LeIiigU <fe Wilkesbarre Coal Vo., Istniort. guar.. .J
do
do
Consol m., coup. guar.
Am. Dock & Imp.Co., Ist mort., guar. Cent.of N.J.
Cenlral Ohio— Common stock
Preferred stock

"97
7

1804
1860
1861
1863
1866

50OAc
500

Ac,

1,000

300,000
3,700,000
925,000

lOO

20..'i2.'),(K)O

1,000
1,000
1,000

500 Ac

(>0<),(MK)

£200

10,(K)0,000

1,000
1,000

5,000,000
3,000,000
2,437,950

1,000
1,000
1,000

l.st mortgage, sinking fund, (trust)
Consolidated mortgage coupon, (for $30,000,000)
Nortbern Cross U. K. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or rcgisteicd)
.

.

1858
1873
1872

1

3^
7
7

7
5
7
7

i"7 g.

2H

7

7
7
7

««•
7
3
6

411. .550

2,500,000
64,275,600
25,883,000
1 ,600,000
1,483,000
6,080.000

i',6oo

r.,0(K),(HK)

1,000
1,000
1,000

1,291,000
500,000
9,436.000
193,500
1,800,500
500,000

Ac,

1,000
1,000

4

7

iiio

100
1,000
1,000
500 Ac.

100
1,000
1,000
1,000
1,000
1,000
1,000

"ibb
1.000
1,000
1,000

g.
g.

IK-

^•
6g.

««•

15,898,401
15,000,000
5,426,000
06,000

7
6
6

1,220,331
2,153,300
774, COO

500,000
9,937,800
2,425,400
3,M):i,2(K)

2.3S:i,000

1,087.000
1.500.000

330,000
2,365,000
5t)4.00O

188,000
360,000
2,120.000
700,000
27,512,842
2,719,000
9,916,000
941,000
678,000
2,155,.500

7

1866
in perpetuity to

Cedar Rapids <£ J/i>«)uH.— Leased to Chicago A
Northwestern at f 70O of firwt $1..')00 groins earnings
per mile; one-tliird of tiie next };:j,(XX) per mile, and
oneflfth of all above that. (V. 2.', p. 168.)
Central liailroad <4 Bank, <5a.— Leases several
roads, and guarantees $l,4ir2,5(X> of bonds.
In
April, 1875, purchased one-half interest in Western
Itttilroad of Alabama at foreclosure sale.
Gross
earnings year enCing Sept 1, 1875. (3,8:6,586; net,
»1, 199,811. (V. 20, p. 289, 835, 388; V. SI, p, 372,

417;

V.

21. p. 304.)

Central of /(?wa.— Decree of

sale in foreclosure
1875.
(V. -20, p. 15, 85, S.35, 546; V.
393, 417, 465, 511; V. H, p. 110, 495 )

made October,
SI, p. 85,

—

Cenlral of New Jersey
The annnal report for
18V5 was given in Vol. 2S, p. s26. showing
gross earnings of $7,411,616; net, |:.S.282,90«. Dividends in 1875-6 partly paid from previous reserve.
On lirge decline of stock in June, 1876, the president issued a circular, stating that the company
was earning we'l, but giving no figures.
Of
the consolidated mortgage suflicient will be held
to pay all the prior issues.
This company also
assumes |a,3in,iO0 of Lehigh Coal & Navigation
Company's debt and $2 5,793 of the Railroad Car
Trust Company.
The following tabic shows the
receipts, expenses and net earnings, f.om the begin-

1867.
If63.
1869.
1870.
I'll.
18:2.
1878.

3,
1,

1007
187«

Feb. I. IBTfl

Auf.
Au«.

1.
I.

Ay.

IMl
ir

June,
Jan.
Oet..

19M

Jalr'l.5.
ApHl 16, 1901
April 10. 1870
18i*0

Nov., 1003

Feb. 1,

law
I8W

Joite 1,

1000

July

1,

18^7

Jane 30, 1|
June 30.1
B«pt-.

Ocf 1.

1|

1805 to*
July 1, 1884
Jan. 1, 1883
Oct. 1, 1000
1805 to "OO
July 1. 1800
1800
Jan. 1, 1888
Jan. 1, 1803
July 1. 1800
Oct. 1, 1880
1800
1805

b: 1900

$1,147,241

J.

A
A
A
A
A

do

J.
J.
J.

Boston

do

Aii«.,

do
office.

Mar. 15. 1876
Jan. 1, 1883
July 1, 1003
July 1. 1890

Frankfort.
U. N.Y., N. Bk. of Com'rce. Oct. 1. 180O
Jan. 1. 1806
J.
Boston, Co.'s office.

A OMo.—KfifT the panic, defanlt
Interest.
Net earnings in IST4-7S.
appointed October, 1875, and
Receiver
|346,»08.
foreclosure pnKee<Ilngs will be bad for the
Chftaptait

was made on
of

A

rc-organi7.atlon.

\«irr

complete

l,!»l,»4

1.805,651

purp«)fle

i,»8:.a-i6

statement of outstanding liabilities and the plan of
re-organixation are riven In V. 21, p> MB. (Bee V.
20, p. IHtf, IM, 357; V. tl. p. gas. STl. 417. 441. (34.

8729.412
4.010,131

». 642,163

1.3ii7,958

4,393,.'514

2,5)2 217
3.706.141

l,t8l,M7
3,1>!5 235

4,23tl,80'i

2,8<t3.912

4,21.^..VU

4,M5.7«2
4,449.00
3,18^910

B,'^4',."I79

7,120,718
8.881.366
8.3-9,631
7,411,637

4.!40.601
4,158,7.7

1.617.288
1,472,376
1.3'0.250

Central OAJi.— Leased to Bait. A Ohio RR. in 18C6
for 2 years, rent 85 per cent of gross receipts for 5
years, and 40 after. Pays 6 per cent dividends.
1

Central Pacijtc—Qrots earnings in 1674 were »14,(currency), and net caruinga t,s,(i8J.3r». Land
grant statement. V. il, p. 186. An abstract of the
annual report for 1874 is vivcn in the (^uronicle.
Oross earniuts. '7.'), tn.n2i,on; exV. 21, p. 25 I
A setpenses, $7,417944: net earnincs. $9.>ai.071
tlement with bondholders of California Pacific has
been propose. 1, by which the ('eiitral Pacillc guaran(V. SO.
tees certain new bonds to a limited amount
631,.'i55

.

:ff. 42. 178, 18?: V. 21,
233, 352, 471, 5 Jl, 545.)

p. 8,

Charlotte, Columbia <»
Net earnirgs in the
000.

p. 139,

48i; V. HI. p. 61,

Augusta—Stock

is »J,578,-

year ending September 30,
ai.TS
the prevloas year.
Floating debt retired .May, 1876. (V. SI, p. 59J; V.
22, p. I.t4, 471.)
CA«r<i!r».— Leased to Pitts. CIn. A 81. I/inls. and
operated by Penn. i:o. Net earnings go to lessor—
in 1875, $4,727. (Vr22, p. 619.)
1875, $2")0,>«4,

May

1,748 4-<4
1,96»,97«
l.Sr8,0£l
2,379,19J

3,.'i;0,398

1874
1675.

J.
J.
J.

A.

7

fJD.)

Smguehanna. — Leased

do

m.'a's. N. Y., Bk. of Commerce.

1868.
1864.
1865.

<£

*A.

5
8

Coyuja.— The Cayuea Lake road was sold under
econd mortgage, and this Co. organized. <V. 19, d.
Cayuga

r.!

J.

F.

ning of 1863 to the present time; includine. since
1870, those of the Lehigh A Susquehanna Division:
Expenses. Net carn'es.
Receipts.

Delaware, Lackawanna A Western. Dividends, 9
per year.
Cedar Falls 6h JfinnMo^a.— Leased to Dnbaqne A
Blonx City, and snbletto Ulinoie Central at f 1,500
per mile yearly, and a per cent of all earnings over
$3,50Q per mile.

IMO

Oct. 1, 1001
N. Y., Metropolitan Bk. I>eo. IS, 1890

7
7

Calaivissa.—heneei to Philn. & Read., Oct., 187S,
preferred stock dividend to be 7 per cent
In 1875-6 and afterward. (V. ao, p. 881.)

|814,7.J2

AD.

1,

1001
Jan. 3, lR7a
April M, llt84

g-

Sew

$1,911,976
S.5S7.I83
8,036,390
3.»'1,?44

Feb.

York.

J.

Hot..
M.AN. N. T., FiU A Hntcb.
do
July 1, 1003
A J.
do
do
Julyl.'77to'03
do
A J.
1880
A J. N. Y., Am. Exob. Bk.
1884
do
do
A J.
1876
do
8
A J.
do
.1877
do
8
A J.
do
1803
7
JnlylS, 1875
A J.
Boston,
2
O
do
A J.
18T7-'80 A "06
Philadelphia
May. 187S
7
M. A N.
4
M. A 8. N.Y.,M.K.Je«up,P.AOo. Mcb. 1, 1876
do
4
do
Mcb. I, 1876
M. A S.
J. A J. Lood.'n.J.8.MorganACo. Oct. 1, 1903
Jan., 1893
J. A J. N.Y.,M.K.Jc»up,P.A Co.
do
do
Jan., 1883
7
A. A O.
Jan.. 1876
1%
N. Y. U. 8. Trust Co.
July, 1882
8
J. A J. N.Y.,M.K.Jesup,P.AOo
April. 1804
do
do
7
A. A O.
April 1.1884
7
do
do
A. A O.
do
do
7
J. A J.
ilS
do
do
7
J. A J.

"og.
7g-

100,000
902,000
300,000
160,500

100
500 Ac.

•

7

4,47,'>,0(K)

2,735,000
1.970,000

100

riilludrliihla.

du

7

5,(KK),<KK)

Ac,

N.
A.
A.

New

I'-

25,HH5,0tl0

500

May 10, UTS
Max 10.1f7a
IBSSIaf*

A
A
*

"i'

11,(K>0.00<)

I'.obo

1,000
1,000

naudvipuia.
do
Uu

F.
F.

J.

500 Ac

100

v.Air.

7

1860
1871

1,000

Ihridaaa.

M.

7

ISO.IKK)

—

825
466
825
100
96

3%

wliom.

300,000

2,287,000

.

Cliicago & 111. Kiv., Ist mortgage, guaranteed.
Cklcago, Jlurlington <t ^uiHci/—Stock

3

Payable

7
7
7

7,5(K>.<X)0

50
50

W

.iOO.OOO

100

1869
1872
1874
1867
1874
1875

error «laeoiroM4 la Ikcao TabUa.

A J. Now York, 44 Houlli «t.
A. A O. N.Y.J.8. KciuiwIyACo
do
J. A J.
do
Boston, Trcaaurer.
a-F.
F. A A.
do
do
F. A A. N. Y., Nnfl Park Bank.
F. A A.
do
do
do
do
U. A N.
Bavunnali, Ua.
J. A D.
J. A J. New York A Huvaunab.
A. A O.
Bavauimb, Ua.
New York, Offloe.
J. A J.
do
A. A O.
do
New York, at oRlce.
Q.-J.
do
do
F. A A.
do
do
M. A V.
do
do
Q.-J.
J. A J.
do
do
J<oudon.
M. A N.
Q.— M. ». T.,Cent RK. of N.J
do
do
J. A J.
J. A I>. Bait., at B. A O. office.
do
do
J. A U.
M. A 8. Bait., West. Nntl. Bunk
A. A O. N. Y. A Bun Fntnelnoo.
N. Y., FUk A Hatcli.
J. A J.
A J. Baorani'o 8tafe Treaa.
A J. N. Y., E. KeUy A Co.
A O. ». Y., Flsk Allutch.
A J.
U. 8. Treasury.
A J. M. Y„ FIsk A Hatch.
U. 8. Treasury.
A J. N. Y., FlBk A Hatcb.
do
do
A J.
do
do
J. A J.
do
A. A O.
do
J. A J. N. Y., Nat. City Bank.
J. A J. N.Y.,M.K.Je8up,P.ACo,
A.AO. PblladelnUla, Penn R.R.

1,000

137
137
l8t mortgage bonds
137
Central Pacljlc— Stock
v
1213
1st raort., gold, (sinking fund, $50,000 per yew).
742 1865-8
Suijordinute lien, California State aid, gold
50 1864
Bonds, (formerly convcrtiblv into U. 8. oonds)
138 186-2
Ist mortgage on San Joa(|uin Valley Branch, gold
146 1870
U. S. Loan, (2d lien on certain terms)
742
Western P.icillc, 1st mortgage, gold
158 1860
do
Government lien
123
Oftl. & Oregon, Ist mortgage, gold (guar by C.P.)
152 1868
C. P., 1st mort., on C. & O. Br. ($7,200,000 g.).
152 1872
San Francisco O. & A., let mortgage ($1,500,000^
20 1870
Land bonds on 11,722,400 acres
1870
Charlotte Columbia
Augusta — Ist m. (C. A A.).
85
do
consolidated
195 1869
2d Mortgage
1872
"23 1871
OhariUrs-lat mortgage
Ohf.rry Valley Shar, <A At, — 1st mort., convert
21
1869
Chesapeake <t Ohio— stock
427
Ist mortgage sinking fund gold
427 1869
Ist moi-t. exten. (2d on 427 miles) coup, or regd.
1872
Deljentures convertible into 2d Tuoi-tgage
1872
Ist mortgage, (Va. CJent. R. K.,) guaranteed by Vs.
.
do.
do.
coupon
3d mortgage,
Income mortgage, (Virginia Central R. R.,) conp.
Funded interest, coupon bonds
Income bonds (for funding)
1874
tfi«Aire— Stock, i)rcfcrred
64
Bonds, not mortgage
Chester YaUey—l&t mortgage
2i>a
Ohieaffo <t Alton Common stock
649
freferred st'ck (7 o. c. y 'rly not cumulative) ....
649
General mortgage, sterling, for $8,000,000
322 1873
1st mortgage
220 1863
Income bonds (a Ist lion on income)
220 1862
Joliet & Cliicago, 7 per cent, stock
38
do
do
1st niortgiage, sinking fund
38 1857
Bt. Louis Jack. & Ch., 1 st mortgage
150 1864
do
do
1st mort. assum. by C. & A.
37 1864
do
do
2d mort. assum. by C. & A.
37 1868
do
do
2d mortgage
150 1868
Louisiana & Missouri, 1st mortgage
101
1870
tf:

100
500 Ac.
500 Ac.
100
100
500 Ac,

$1,159,500
1,000.000
2,200,000
230,500
200,890
1,300,000
800,000
689,110
108,000
1,334,000
6,850,400
709,000
700,000
582,000
2,332,000

1872
1870

;

'

Anionnt
Outstanding Rato
Value.
Cent.

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

xw

INTERCtT OB DI VIP D*.
pal, Wbea Inta.
per When ^VllC^! paralile, atul by Moek»-LaH

Btse, or

$50

100
«5

Oai/iiffd—i St nioitRBge, Kold

C'ctlar liapidg

ImmedUt* notlM of mmr

100

1st iiioitKaK'' bonds
(Miattfl mortRivgo bonds

IIONDB.

par

of

Road. Bonds

Catawissa Common stock
New picfciTcd stock
Old profeiTcd stock

New

AND

RAILllOAD STOCKS

Juno 24, 187C.]

against

$

!

Cherry V-llev, SAar, A Al—Tainitemi lo Delaware A Hudson Canal Co., April, 1875. Intereit
unpaid in December. 187S. (V. 2J, p. 4M.J

569,1,618;

V.»,p.4a,87, IS4,n),S».)M,e8i.)

DiviCheshire.- fiet income, 1874-75. »76,9i7.
dends, 4 per year. (V. I8,p.ta6; V. *l.p.<8l*.)
Chester Valley.— In bands of tmstoos and 1»
Reading. Coupons due 1860, paid
to Philadelphia

A

May,

l!T6.

Chicago * Affr>n.— The repoH for IT-S Is given at
lenulh In V. 22, p. 258, and shows gnas earomgs or
f4,FM,'63. and net earning* of kOM,S 8. against
»*,836,f 76 in 1874. Joliet AChlcacp RR. Is leased for
Cble.
interest on stock and bonds. St. I*. Jack.
Railroad leased at 8*40,000 per year. Lonblaaa

A

*

Mo. RR. hnlltand operated nnder contract (SeeV.
19 p. 4:9: V. 20, p. «29.) The Cblcaco A IIHnoIe
River bonds bad not been sold to January, 18J«,
and there was some lltlgaUon. (V. >«, t>. 880; V. 19,
p. 16, 4T»: V. », p. 178, MB, «e». 800; V. 21. p. U6,
612; V. 22, p. 35S.)
Chieaao. Bttrilittltm A ^idiieif.—Stock was iMMd
in exchange for that of the Bnrl. Mo. Elver la Sepk.
187\ Gross earning* for ISSS were HljWI.««l: «^

pensee, ««,4S0,1)H; not earnings. |S.86I,«W; Intereet
Q. leasee nHMraa*
charge, t2.0I4,7ti<». Tbe O. B.
branch loads, giving ihem a traOIr gnanuitec insaallr
bond*. KaoBgh
Ibelr
40 or 50 p. ct.) tor pnicbaslog
of the consolidaled moitgagc Is reserved to t^e op
»«ofk of thw
1875.
Angast.
In
prior debt*.
Company was Issoed Ui exchange for Burlington
same ta alsj
the
and
stock,
Railroad
River
Mi..^8ouri
invtn for the convertible bonds of Borllngtoo
IS,
3?, «^ 18*BaUroad.
(V.
p.
River
20,
Missouri

A

*
•

335,499; V.82;p. 331.)

"

.

.
.

,

.

;

/

RAILROAD STOCKS AND BOXDS.

XVI
8nbserlbera

ivlll

coBftr a gremt faTor by slv'nz immediate notice or any error dlscoTcred In these Tablea.

DESCRIPTION.
For explanation of column beadlngs,
on first page of tables.

Miles

Date

Size, or

of

of

Par

&c., see notes

Koad, Bonds

Chicago, Burlington <t Quincy—fConiintied I—
Bouils of 1875, (sinking fund ^13,800 per year)

&

Carthage

.

32
40
51

BurlingttMi, Ist niort.

Dixon Peoria & Haunil)iii, 1st ni...
American Central, 1st mortgage..
Coupon,
I'eoriH & Hannibal, 1st mort
may l>e
Ottawa, Oswego & Fo.x Kiv., lat m but
registered.
Illiuois Grand Trunk, Ist mort
Quiucy & Warsaw, Ist mortgage ..

31

70
44
40
43

Keokuk &

St. Paul, 1st mortgage.
Albia Knoxville A Dos Moines, 1st mortgage
ChUai/o <£• Canada .Soulhrrn— 1st mort., gold
Chicago, Cincinnati d LonutHlle 1st moft
Chic, Clin. <* />«(>.— Ist mort., coup,, rcgis'ble

—

73
60
114
21
131
80
82
82
82
195
195
195
52

Dant. <* I'tn.— 1st mort., gold, sinK'g Td
Indiana exten., Ist mort., gold (2dmort on 114m)
Chicago, Dnbuqite rf Minnesota Ist mort
Ofticaj/urf-yoirrt— 1st mort., coup., may be reg
Chicago, lotra cC- Xebraaka—Stock
Chic..

—

2d mortgage (now 1st)
(now2d)
do
3d
Chic.
1st

<t

Mich. L. Sliore— 1st mort

1

mortgage
Ist mortgage

I

(

Ist mortgage, on branch

J

Coupon,
but
may be
registered.

ChicKuio, Milwaiiker, tt St. Paul- -Com. stock
Preferred st'ck (7 p. c. y 'rly, not cunmlati ve)
Consolidated mortgage (for $35,000,000) . . .

2d mortgage
Ist mortgage (Iowa & Minnesota)
1st mortgage (Minnesota Central)
1st mortgage (Iowa & Dakota)
1st mortgage (Prairie du CMcn)
2d mortgage (Prairie du CWen)
Milwaukee & Western
St. Paul AChie. Ist mort., $& S (cony.)
Ist mortgage, Hastings & Dakota

370
370
220
49

;

&

1875
1869
1869
1868
1868
1870
1870
1870
1869
1875
1872
1867
1871
1869
1872
1871
1871

1860
1863
1869
1870
1871
1872

235
235

23

130
75
85

Mil. line

& bridge bonds (may be paid in 1878) 0*
Western

Equip.

Union, Ist mortgage
197
d Xorlhwestern—Cmnmon stock
1,4.59
Preterred st'ek (7 p. c. y 'rly, not cumulative)
1,459
Bonds, pref. (aink'g fimd), 1st mort., Cliic. to Osli. 193
Interest bonds, funded coup., 2d m.. Chic, to OsU.
193

1875
1863
1864
1867
1864
1869
1868
1868
1861
1872
1872
1873
1873
1866

Ohicatjo

1st mort., general, 3d mart.. Chic, to Oshkosh
Appleton e.vtcn., 1st mort. on 23 miles and land.
Green Bay exten., Ist nu>rt. on 26 miles aud land
1st mort., Galena & Chicago Un. KR. extended.
Mississippi Kiver Bridge irds, lieu on net earnings
Elgin & State Line Railroad bonds
1st mort. (I'eniiisnlar RR.) on roads and lands...
Ist mortgage (l)eloit & Madison Railroad)
Consol. smk'g t'd M.. (all above convert, into this)
Madison extension, 1st mort., sinking fund, gold
Chicago <t Milwauijee, 1 st mortgage, 2d lien
Menominee extension, 1st mortgage, gold
Gen, cons, mort., gold, coup, orrcg. (l|il8,000,000)
Winona & St. Peter, 1st mort., guar by CUlc.&N W.
do
2d mort.,
do
do
do
1st M. exten, gid, land gr., a. f
La Crosse, Tremp. & P. Ist mort,, goar. C. & N.W
Iowa Midland, 1st mort., guar, by Chic. & N. W..
Northwestern Union, 1st mortgage, gold
Chicago d- Pudueah— 1st mortgage
Chicago, Pekin d Southwestern — 1st mortgage
2d mortg.age
Chicago, Rock Island d Pucijic—Stock
1 St mortgage, sinking fund
Branch bonds (sinking fund $40,000 from 1877).

193
23
26
248

.

2d
3d

do
do

74
46
779
126
85
120
1,0.58

Chicago, Cincinnati <8
tion furnished.
Chicago, Clinton

Louisville.— Vo informa-

Dubiiguc—'Tbla road defaulted
companies in
whicli directors of C. B. & Q. were stockholders.
<V. 20, p. 85, 1-4; V. 21, p. U, B12)
in 1873.

It

was

c*

built by'construction

Chicago, Danville dk Vtncenncs.— There is also a
for $1,000,000 and a .chattel mortgage
of $1,000,000, most of which are pledged. Default
was made
1873, and coupons partly funded, subsequently receiver appointed, and litisation in pro"ress. (V. SI, p. 157, 185, .317; V. 22, p. 87, 30J,
544.)

3d mortgage

m

Chicago, Dubuque dk MinnefO/a.—Bclannei December, IbtS, same as Chicago Cimton A Dubuque.
XV. 20, p. 85, VM, 184; V. 21, p. 14.)

Chicago <t Towa.—Hiui a traffic guarantee of Chic,
Burlington & Quincy 40 per cent for purchase of
ionds. (V. 82, p. 87.)
Chicago,

10 Chicago

/wo<eiVeJ»(wio.— Leased

&

gross receipts.

in perpetuity

Northwestern, at 37Ji per cent of

Chicago dt JOchigan Lake Shore.~The Hrrt mortmam line, have traftlc agreement from Jliclligan Central. In default for intere-t .«ince .hily ls73
excepton first bonds t47r,0OO. (V. !7, n. 188 ail- v'

gage^,

"

18, p. 14; V. 19, p. 247; V. 20, p.

Chicaqo. Milwaukee

^

St.

M, 312;)

^

1862
1853
1863
1863
1865
1871

1,000
1,000
1,000

500 &c.
1,000
500 &c.
1,000
1,000
5(K) Ac,

1.000
1,000
1,0(X)

1871
1872

.

Miles
Stock

Debt
Kamings

Amount

318,.500

462,000
2,500.000
1,000,000
1,500,000
2,500,000
1,500.000

4„425000
3,838,200
568,200

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

477,000
3,523,000

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

1,600
1,000
1,000
1,000

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

500

Ac,

500 Ac,
500 Ac,

1,7.50,000

211,1500

1,3.50,000

1,280,000
15,399,261
12,274,483
3,872,427
5,909,000
1,091,000
3,810,000
190,000
837,000
3,674,000
1,315,000
234,000
4,000,000
467,000
2,500,000
245,000
3,500,000
14,993,060
21,484,113
1,233,700

740,300
3,578,000
146,000
265,000
1,692,000
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
1,000,000
1,350,000
3,500,000
2,808,000

700,000
300,000
24,999,700
9,000,000
1,000,000
5,000,000
1,000,000
3,500,000
1,250,000
500,000
500,000
1,000.000
1,846,000
1,120,000
471,000

1S7S.
1,399

1874.
1,399

$27,673,744
27,1J9,COO

t27,«T^,744
27,119,610
8,9.M,017
5,871,116
3,081,900

...

8,2.^5,743

Op. expenses.
Net earnings.

5,170,354
3,085,389

& D. Boston. Co.'s Office.
& N. N.-V.,N. Bk. of Com'rce.
A J.
do
do
A J.
do
do
A J. N.Y.,N.B'k of Comra'rce
8
A J. New Yoik and Boston.
8
A. A O.
Boston.
8
J. A J. New York and Boston.
8
A. A O.
Boston.
8
J. A J.
7g. A. A O. N. Y., Union Trust Co.
7
J. A J. N. Y., Farm. L. A T. Co.
8
J. & D. Bost, C, B. A Q. Office.
7 g. A. A O. New York, Co.'s Office,
A. A O.
do
do
V- J. A D, Bost., C, B. A Q. Office.
8
J. & J. New York and Boston.
5
J. A J. Boston, by Treasurer.
7
J. A J. Boston, Merchants' B.k.
P. A A. New York, Park Bank.
7
8
M. A S. Bost., Treasurer's office,
8
J. A J.
do
do
M. A N.
8
do
do
M. & 8.
8
do
do
7 8. J. & J.
New York, Office.
14bds. J. & J.
do
do
7
do
do
J. A J.
7
do
do
A. A O.
7
do
do
J. A J.
do
do
7
J. A J.
do
do
J. A J.
7
do
do
F. A A.
8
do
do
7-3
F. A A.
do
do
J. A J.
New York, Office.
J. A J. London and New York.
]' J. A J. New York, Office,
7
do
do
J. A J.
10
New York, Office.
J. A D.
F. A A. N. Y., Mil. St. Paul RR
7
J. A D. New York, Co.'s Office
3%!
3I2 J. A D.
do
do
F. A A.
do
do
7
M. & N.
do
do
7
do
do
7
F. A A.
do
7
F. A A.
do
F. A A.
do
do
7
F. A A.
do
do
7
do
do
7
J. A J.
do
do
6
J. A J.
do
do
M. A S,
7
do
do
7
J. A J.
Q.-F.
?^- A. &. 0,
7
7

g.

1873.
1,399
$27,67.3:744

26,287,610
9,016,123

—

667.)

—

Chicaao dk Noi^thwest. The fiscal year ends witlj
May. The last annual report will be found in the
Chronicle. V 21. p. 20C The net surplus of the
year on the Cble. & Northwest, lines proper, after
paying interest, was •81,366,167, and on the whole
system, including prorrietary roads, $518,266. The
net earnings of proprietary roads were $282,004. and
the interest on their bonds, $l,ia!),9'J5. Lands of
the company are 2,108,64:1 acres unsold, an 1 were
only recently placed In market. lu 1874-Ij, 24,296
acres were sold at an average price of $178 per
acre. The nominal surplus balance of the Company,
May 3!, 1S7.5, was $2,637,612. Operations for the
last six fiscal years compare as follows:

Net

Gross
earnmis.

Expenses
and taxes.

earnings.

1ST4-75 .. . $13,-C7.-;2*i
14,410.124
1 8-3-74... ..
12.73»^.607
1872-73 .
.
11,402.161
lS71-re... .
11,' 94,914
If 70-71... ..
]2.5;15,428
1869-70...

87.984,694

$4,723,' 31

!i,3:i4, 4.5,1

5,015.673

8,17*.2:J7
6,810.i'2H

4,56!'.3:0

6,3

l,.5i)6

5,.'i8;i,408

13,317

4,Fi22,m

.

The

trust

.

8,

A
&

J.

D.

do
do
do
do
do
do
do
do
do
do
do

do
do
do
da
do
do
do
do
do
do
do

1,

1902

Jan., 1887

June

1896
1909
1912
Jnne 1, 1896
July 1, 1901
Jan. 1, 1876
July 1, 1888
Aug. 15, 1892
Sept. 1889
July, 1890
Nov., 1891
Sept. 1, 1892
Jan., 1871
April 10, 1876
July 1, 1905
1893
1884
1897
1894
1899
1898
1898
1891
Jan., 1902
1902
1903
June 1, 1883
Feb. 1896
Dec. 28, 1872
July 15, 1873
Aug. 1, 1885
May, 1883
Aug. 1, 1885
Aug. 1, 1885
Aug. 1, 1885
1882
Jan. 1, 1884
July 1, 1878
Sept. 1, 1898
Jan., 1888
Feb. 1, 1915
1,

April,
April,

Aprii,

lOU

July

1,
Juno 1,
Dec. 1,
Jan. 1.
Nov. 1,
Dec. 1,
April 1,

1899
1911

I

,

6,M4,660
2 451,663
issue of consol. bonds of 1875 was made to substitute for Ihat of 1374; of these bonds $i7,:i.39.000 are
reserved 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.32, p. 280.
The sterling bonds of 1872 are conveitlble into dollar
bonds. Dividends have been paid since :?69 on
pref. stock— in IS^e 14 per cent, in bonds; in 1874 7
in bonds, 1873 7 cash, 1872 7, 1S71 7, lt-70 7 and 3
scrip; on common stock in 1871 7 scrip, 1870 3 cash
and? scrip. (V. 21, p. 38, 186, 258, 612; V. 22, p. 28 >,

.

J.
J,
J.
J.

April

1902
& D,
1887
I'A J.
1907
M. A N.
7
1916
J. A D.
1878
A. A O.
10
A. A O.
Oct., 1900
8
June i, 1915
7g. M. A 8.
July 1, 1003
7
J. A J.
F. A A. N. Y'., Farm. L. A T. Co, Aug. 1, 1901
8
1891
A. A O.
8
A. A O. New York, Co.'s Office April 27, 1876
4
1896
do
do
J. A J.
7
do
do
Aug. 1, 1895
P. A A.
6
Nov., 1890
do
do
7 g. M. A N.
A
D.
J.
7 g.
April, 1873
A. A O. N.Y.,Winslow,L.ACo.
May 1, 1880
M. A N.
do
do
do
July 20, 1885
do
J. A J.
June, 1877
D.
do
do
J. A
Oct., 1905
do
do
A. A O.
1903
Jan.,
do
do
J. A J.
Mch. 1901
M. A 8. N.Y., J.S.Kennedy A Co
1914
Nov.
1,
do
do
S- J. A J.

The

4 » I,

June 1, 1895
May, 1879
July, 1889
July, 1878
July, 1878
July, 1900
Oct., 1890
July, 1890
April, 1879

M.

J.
J.
J.
J.

726,000

when Due.

Stocks— Uwt
Dividend.

J.

1,081,000
900,500

100
100 Ac.
500 Ac.

iJonrfg— Principal,

Rate per

$455,000
267,000
597,000
435,000
322,000

1,000
1,000

1.000

rauL-The

enrnincs
were rednced in 1HT4 and I87,> bv the lower freight
rates imposed by the Wis onsiii railroad law.
"in
I81B the law was modified, and with April, IS?.',
Hlgncr rates ngiua took effect, having a good influence oi earnings. The following is a comparison for
-thr^e years of operations, and financial condition
the close of year:

500&C.
500 Ac.

137 1870-1 1,000
137 1871-1 1,000
175 1871 100 Ac,
28 1870
1,000
75 1870
1,000
62 1872 500 Ac,
156 1873
1,000
70 1871
1.000
64 1871
1,000
674
100
359 1866
1,000
1875
1,000
250 1869 100 Ac.
50 1871
1,000
60
100
60 1853
1,000
60 1865
1,000
00 1867
1,000
60 1875
1,000
98 1873
1,000
75 1871
1,000
75 1874
1.000

18G5
1867

Chicago & Canada /Sb!/;««m.— Connection of Canada Southern. Interest not paid.

$1,000

500 Ac.

Cliio. & S'westcrn, 1st mort., gold (guar in cur)..
Chio. & S'westcrn, 1st mort., gold, not guar
Cincinnati, Hamilton d Dayton—Stock. .'.
1st mortgage of 1853

Consol. mortgage (for $3,000,000)
Cin. Ham. & I, (Junction) RR., 1st mort., guar.
CineiniuUi, Lafayetted Chicago— IstmoTt., gold
Consolidated mortgJige

1859
1862
1859

INTEREST OR DIVIDENDS.
When Where Payable, aud by
Cent.
Payable
Whom.

1

Outstanding
Value.

100
100

1,399
1,399

Ist mortgage

Ist mortgage, Cliieago

[June 24, 1876.

gently for a possible issue of t4«,000,00fl. by ultimately absorbmg all the other bonds and also all
subsequent issues, including all the bonds of the
proprietary roads of the company, to:;ether aggregating $3.5,349,000, which amount is reserved from
the $48,000,000. The residue of the gold loan, viz.,
$12,^51,000. represents all the additional indebtedDividends
ness resulting from the mortgage.
have been paid—July, 181.3, 3>f on preferred;
December. 1872, 3Ji on both; June, 1872, 3X on
preferred; December, 1871, 3X on preferred; June,
1870,
5 on both;
1871, 5 on both; DecembHr,
June, '870, 2 on preferred; December, 1869, 5 on
preferred, 4 on common; June, 1869, 5 on both; December, 1868. 5 ou both. (V. 19, p. 295, 375 528;
V. «0. p. 186, 186, 593; V. 21, p. 109; V. 22, p.

541)
Chicigo dk Pa<f«<;i/i.— Completed in July,
(y. 19, p. 16; V. 20, p. 357; V. 21, p. 85.)
Chicago, Pekin
earnings

Gross

*

1874.

Southwestern.— O^cneA in 1873

first

half

of

lb74,

$66,346;

net,

$3;3,r20.

Chicago. Sock Island
year ending April I.

dk Pac[fic.—'Set receipts in
$3,543,-»3, against
1875,

$3,456,684 in 1873-74. The income account for year
was as follows: Gross receipls, $7,199,613; not
receipts, $:J.5.J4.288; diviileiia payments, $1,678,881;
interest, Ac, $7.55.000; surplus fur the year, $1,109.Chicago A Southwestern road is leased and
899.
interest guaranteed on $5,000,000 of its bonds;
the others are in default. (V. 20, p. 614; V.2I,
p. 38, 186, 2.53.)

Cincinnati. Ilarr.i'lo" dk Dfyfon.—See report inV.
82, showing net income of $197,192 in 18.4-6.
Investigating Committee's report, V. 20, p. 357.
21, p.

(V. 19, p. 183;

V.

21. p. 62;

V.

82, p. 28).)

4..592.1.35

deed of the gold loan provides contin-

Cinnnnali, Lafayette dk CA'cnffO.— Lafayette. Ind..
Gross earnings in 1875, $400,051,
III.

to Kankakee,
not,

f 178,903.

(V. 30, p.

568.)

;

June

.

.

.

HA.ILEOAD STOCKS

24, 1876.J

gub»crlber» will confer « great laTor by kItIuk

DESCRIPTION.

Miles

For ezplauatlon of column beadlnga,
ou tirat page of tables.

Sanduaky

it

38
14S
Mi
3U
00
171
171

Preferred stock

Mortgage bonds, Sithdu.iky, Dayton <k Cincinnati
do
Sandusky rity & Ind
do
Cinelnnati, Sandusky it Cleve.
Omeinnali <« Spri7iy/leld—lat mortgage, guar
2d mortgage
Oin., Wab. it Mich— 1st mortgage
do
do

OUveUiml

(V. 22, p. 419.)

dneinnali, Richmond it C'kicago.~-lietL9cd to Cin.,
fiam. & Daylon, w-trichowna most of the stock. Net
Income above interest, 187S4i. J8,'22S. (V. 21, p. 88.)
CmciTinati, Riclanond^ Fori irtiyn^!. — Leased to
Grand Rapids for i*9 years. Interest on bonds is
guaranteed by Grand Rapids, Cincinnati Hamilton
A Dayton, and fcy Pennsylvania Co. (V.!".}, p 532.)

—

Cirudnnati, Sandiiiiky <fc Cleveland. In the year
:50, Ii75, gross earnings were $857 ,'695;
espenscs, $561,775; net earnings, $295,919, being
>J8,748 better than in IS73-74. (V. 21, p. 591.)
Cincinnati A Springftehl. Leased in perpetuity
to Clev. Col. C. & I., with guarantee or interest
on first mortgage half of interest is also guaranteed
'by Lake Sh. & M. S.
Cincinnati. W^battk A Michigan.— Ymi interest
January, 1876, to bondholders not consenting to pass,
and allow funds to be u,sed for completion of road.
;$ome bonds held by L. Sh. & Mich. So'n. but no in-

ending June

—

dorsement by

th.it company,
(V. 22, p. 1.58.)
Cleveland, Columbux, Cincinnati & Indianap.—By
the annual report surplus over interest in 1B75
wa8$'i00,26l. NcteaHiings in 1375. $384,0J), against

p. 241; V. 31, p. 63, S3i;

303.)

dk

.Vihoning Va!'ey.--U leased to

.

VM-

lantic Jk Ore.Tt Western, and interest on bonds is
paid. (V. 20, p. 85. KW.)
Cleveland, Mould Vernon it Delaware— DetimWeH
July, 1874, and made comoromise by whiiih all the
coupons due .lulv. is74,'aiid one-half of coupons
from January 1. 187.5, to and including ,TuIy 1. 1877,
are ;o be postponed to .Ian. 1, 18S5. and the remaining half to be p«id as they matiu-e. Gross eamingi
J875, $426,027; expenses, $.<J2;!,8«0; net, $96,i.«r.
(See report, V. 30, p. 38 0; V. ««, p. 850.)

1867
1870
1872

500 Ac.

1308

1,000

1871

1,(K)0

1,000

1,000

50
1,000

50
100
100
1873 100 Ac
1856 100 Ac
66-'71 100 Ac,
100
1869
1,000
1875
'ioo

56
44

18.58

68
7
38
38
82
52
52

500

&0.

1871
1870

500 Ac.

1866
1868

1,000

1,000
i',6oo
.50

500 Ac.
5oO Ac.
100 Ac.
50
60-'72 100 Ac.
1868 200 Ac.
1,000
1869
1871
1,000

51

117
170

Paul—\at mortgage, gold

*

1,000

100

33
33

C^n^innati efi Martinsville.— Le&aed again to the
lud. Cin. & Laf.
Receiver appointed, Feb.. I87S.
To be sold in foreclosure, Juno, 1676. (V. 20, p.
289; V. *i, p 2S2.)
dncinnati
MusHnnum YaUey. - Is teased for 99
years from 1673 to Pitts'b., Cin. A St. Louis for net
earnings, but liomied interest is guaranteed. Net

1,(H>0

.50

"56

^Banville, Uazleton it \Hlkesbarre—\st mort
Xfanville, Vrbana, Bl'ton it Pekin—\«t M., gold..

Cleveland

100 &c,

"38
39

Common bonds
IDanbury it NoricalU—Btov^
1st, 2(1 and 3d mortgages

2(T,

1868
1870

41
144
110
110

Pennsylvania — 1st mortgage

(V.

18

'so

45
70
55
35

m ortgagc

IR74.

1,000
1,000

1,000
1,000

1865

Ist mortgage

22, p. 257,

1862
1867
1873

13
89
587

2d mortgage, sinking fund, (guaranteed)
Cumberland IViWei/—Stook ($184,900 preferred)

V.

109
199

76

—
—

»908.«74 in

1,000
1,000

89

Voruuelicul Kjrei'—Stock
Ist mortgage (sinking fund now $148,931)
Connecticut Valley 1st mortgage
Conneeticut Western Ist mortgage
Conneetitig fPhila.)— lat mortgage

#85,741.

100
500
l.(X»0

1,000

'.

187.5,

1.000
1,000
1,000

500 &e
500 Ac
500 Ac

80

:

earning?.

7
7

li)i)

2d mortgage bonds
Columbus, Chicago a Indiana Central—atod.
1st mortgage Columbus, Chic. & Ind. Central...
do
(Clilcago A Cireat Eastern)
,
do
(Columbus & Didianapolis Central).
do
(Un ion & Logansport)
do
(Toledo, Logansuort&Burllnirton).
do
(Columbus & Ind. 1st and 2d pret)
do
(Cincinnati ct Chicago Air Line)
2d mortgage (Columbus & Indianapolis Central).
do
(Indiana Central)
do
(Chicago & Oreat Eastern construe.)
do
(Columbus, Chicago & Ind. Central)
Income convertible
do
do
Income (Toledo, I,ogansport & Burlington)
Columbus, Springfield it OiTicinnati — 1st mort
Columbus it Xenia—Stock
Ist mortgage
Ooneord— Stock
Concord it Porlsmoulh—Stocli
ComieftietU d- Passumpsie— Stock
New mortgage (for $1,,'>00,000)
1st mortgage, sinking fund
Notes, coupon
Uussawippi st'k, guar, same div. as Conn. & Pass
do
bonds, guar, by Conn. Sc Pass
Cp>\ne<;tirut C(^>i(rc(/— J st mortgage for $400,000...

it St.

7
7

960,000
65,000

1873
1857
1870
1870
1871

i)7

07
35
145

—

Daveniwrl

1,500,000

.50
'

Cleveland it PiHsl/nrg/i—(}\iarant«eil stock
4th mortgage (now Ist)
Consolidated sinking fund mort. for $,^,000,000.
Construction and ('tiuipmcnt bonds
Cleveland, I'liscnrawim Valley it Wheeling— lat m...
Colebrookdale 1st mortgage
Colorado Cea/ra/— Ist mortgage, convertlblo. ..!.!
Columbus it lloehing Yalley—htook
Ist mortgage, sinking fund bonds
1st mortgage, Logan 4 StraitsvlUe Branch

2d

1860
1864
1869
1874

l:)8

202
390
300

Nlles <fc New Lisbon, 1st mortgage
Olevehmd, Ml. Vtrnnn it IMl.—lat mortgage, gold
1st mortgage, Columbus Extension
Income mortgage for funding

it

$400,000

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

471

.

&

Ist mortgage, ex tended
Sinking nnul, 3d mortgage (now 2d)

'Cumberland

1860
1858
1867
1871
1872
1871

81

Mahoning Valley—^twA

it

$1,000

50
50

80
48

Ind.) excli. for new mort.
C, (.'., C. & I. sinking fund
Consolidated mortgage (for .<|<7,.')()0,000)
(Bel.

1865
1870
1866
1860
1871

1815. »877.59fl; net. $.•^^8,*76, acainst $.'557,077 in 1874.

Sec annual report V. 20. p. 476; V. 22. p 350.)
Coiimbun. Chicago it hdiana Central.— TMa was
a consolidation (Dec. 4. 1867) On.Iaijnary 22, 1869, it
was leased by the Pittsburgh Cincinnati A St.
Louis, guaranteed bv Pennsylvania Railroad. An
amended lease via* made Feb.. 1, 1870, also guaranteed by Pennsylvania Railroad. The flr.-t Tease
guaranteed interest on $15,000,000 of first and
SS.OOO.OIX) of sec.ind mortgage bonds, the amended
lease iin only $15.821. 0<)() of Urst and second bonds.
Aug.. '74. cefault was made on the $5,000,000 seconds.
April 1, I87.i. defaulted on Itt mort. The guarantee
of lntere"t was absolute, but the Pennsylvania Railroad cairns that the C. C. .t I. 0. Co. did not fulfil
Bondholdi'rs claim that no snch failure
all its part.
after bonds had been sold with the guaranty could
Suit is pending agamst
prejudice their rights.
Pennsylvania Railroad. Interest on moat of trie old
nrior bonds has been taken up. Net eamlnes, 1875.
$6)6,44>. (V.2*,p.2».61.140, l«2,2ll, 32S. »5ft. 88S,
426. !M«; V. 21, p. 13, 3«7, &11, 584; V. IS, p. 332,

519
Miami

.590.)

burg Cinn.

it

Xenia.— This road t« leased lo the Lltand bolh roads for 99 years to Pitts-

Co..

A

St.

A
J

& J
A J.
AD

Ifew York, f'o.'s OfllM
New York, Mornn Broii,
N. Y., Wlnslow, L. A Co.

Whan

•>»•

DlTide^.
July, IMS
Jan., 1901
July, IMS

1

Cleveland, Tuacarawiu Valley eft W7*«fin^.— This
road was sold under a 2d mortgage, Jan. 27, 1875, and
re-organized. (V. 20, p. 6 ',140. 336; V. 81, p. 85«.)
Co/(!*rr»*/(i&.—Leased to Philadelphia A Read
^g. No dividends paid on stock.
Colorado C-niro/.— Built mainly by Union Paclflc,
which holds the bonds, $5,270,593 In all. (V. SI, p.
85; V. 22. p. 61, 567.)
loltmhiis it nocking Faffcy.— Gross earnings,

Columbus

ft
It

pal,

b

Clevfland it PUlsburgh.- -heaatd to Pennsylvania
Railroad at 7 per cent on stock, besides expenses
interest, and transferred to Pennsylvania Co.
Report for 1875. V. 22, p. 206, shows surplus of
517,J..385 over all expenses. Interest, Ac.

tl

When Where PsTable and br
Whom.

Pay'bltt

do
do
Jon. 1, 1889
1,800,000
N. Y^Wlnslow, L. A Co.
June, IMl
!»•
4,006,760
Boston, Offlne.
420,037
3
i'lf,
do
do
187C
Mar
778,000
6
it A
do
do
Aug. 1, iseo
360,000
7
do
A 8
da
ept I. 1877
1,072,300
7
It D N. Y., Union Trust Co
Dee. 1. IMO
2,000,000
7
A O N. v., U. 8. Trust Co. Aprtll. 1901
U51,0(M
7
A J
do
du
1003
1,200,000
A J, Wabash, Indiana.
July I. 1801
14,991,092
I'* A. N. Y., U. 8. Tnist Co. Feb. 1, 187W
228,000
7
do
A D.
do
June, '75 to "Si
844,000
7
do
A J.
do
Until 1808
3,000,000
7
A N.
do
do
May, 1890
2,500,000 7 or 6 g.
A D. New York or London. June 1,1914
2,759,200
3 la
A N.
Cleveland Office.
030,000
A A. N. Y., Ward, C. A Co. Aiw. 1, 188*
?«•
487,900
A B. Cleveland, at Office. SeM. IS, ISTS
500,000
7
A J. N. Y., L'nUrn Tnut Co.
Jan., 1800
1,350,000
7g.
* J. N. Y., WInslow, L. A Co. Jan. 1, 1000
950,000
7«do
do
Jan. 1, 1901
990,994
11,243,479
Q.— M. N. Y.. Farm. L. A T. Co. Jane 1, 1878
1,104,844
6
do
J. A J
do
Jan., 1892
2,701.000
7
M. A N
do
Nor. i, 1000
do
1,342,000
7
J. A J
do
do
Jan. 1, 1»M
2,000,000
7
Cleveland, Ohio.
584,000
6
Phlla., Co.'s Office.
June 1, 18
J. A
1,272,000
J. A D Boston, Treos.'s Office. June 1, Ig
1,920,950
I'- P. A A,
Fob. 10, Ig
1,500,000
7
A. It O. N. Y., St. Nlch. Nat. BTc Oct. 1, lait
300,000
7
July
I, 1880
&.
3.
do
do
J.
689,000
7
Jan. 1, 1802
do
do
J. A J.
13.938,972
10,428,000
"l
A.AO. N.Y., St. Nich. N«t. B'k. April,,1908
451,000
7
1693 to "OS
Various
do
do
2,032,000
Nov., 1904
do
7, J. A J.
do
Dec., 1905
775,000
7
A. A O.
do
do
531, .500
7
Feb., 1884
F. A A.
do
do
Dec., 1883
313,000
7
do
J. A J.
do
217,790
7
1886 10*90
Various
do
do
Nov., 1904
821.000
7
M. A N.
do
do
666,500
Jan, 1888
7
J. A J.
do
do
341,400
10
do
J. A J.
do
3,692,000
7
F. A A.
do
do
Feb., 1890
7
do
do
3,847,000
F. A A
F. A A.
do
do
74,024
7
7
1,000,000
M. A 8. N. Y„ Union Trtist Co. Sept. 1, 1901
June 10, 1878
2
Columbus Treasury.
1,786,200
Q.-M.
302,000
7
M. A 8. N. Y., Am. Kxch. N.BTi Sept. 1, 1890
5
M. A N. Boston, Tower, O. A Co. Hay I, 1876
1,500,000
Jan. 1, 1878
Boston.
350,000
3>a J. A J.
Feb. 1, 1875
Boston Office.
2,179,500
3
F. A A.
AprUl, 189S
do
070,500
7
A. A O.
Dec. 1, 1876
280,500
6
do
J. A D
1876 to '81
607,500
7
Various
do
400,000
3
F. A A.
do
Feb. 1, ISTy
400,000
July
ao
««• J. A J
1, 1880
216,000
Oct., 1899
A. A O.
2,100,000
4
J. A J. Boston, Bokt.A Alb. BB. July i, 1878
6
M. A S. Boston, Cilobe Nat. B'k. Sept. 1, 1978
290,000
7
J. A J. N. Y., Am, Exch. N. Bk. Jon. 1, 1901
1,000,000
3,000.000
7
J. It 3. New York and Boston. July 1, 1900
Philadelphia.
100O-'l-'a-'3-'4
996,000
6
M. A S.
6
H. A 8. New York, Co.'s OfBce. Blarob 1, 1891
803,500
May 1, ISas
M. A N.
do
do
594,000
6
5
A. A O. Phlla. and Carlisle, Pa. April 1, 1876
1,777,850
161,000
8
A. A O. Phlla., T. A. Biddle A Co April 1, 1904
April 1, 1903
do
do
109,500
8
A. A O.
Jan. 1, 1884
A. A O.
do
do
81,800
6
Juno, 1876
Q.-M. New York and Danbury
600,000
1.H
500,000
7
J. A J. Now York, 84Broadw'y 1980, '90. '92
Oct. 1, 1888
7
A. A O.
Phlla. Penn. BB. Co.
1,400,000
April. 1900
A. A O. N. Y., Farm. L. A T. Co.
2,000,000
July, 1911
20,000 p. m.
7g. A. A O. N. Y., Lond. A Frankrt.

and

49.5.

stli

notice of anjr error 41aeoTera« la theea Table*.
"SoHda-mSS^^
INTERE8T OB DIVIDEMDe.

r

Weoctond—Stock

Cleveland, Columbu», Oincinnali it /nrf.—Stock
1st mortgage (C, <;. & C. RK.) $25,()<)0 a year.

BONDS.

Date Size or
Amount Bate
of
of
par
Road. Bonds Value. Outstanding
Cem

Sic, nee notes

Oin. d MartinaPille—lBt mort..,Kuar by lefween
Oinciniinti <t Mitshingum Vallei/—l»t mortgat^
Oin., Itichmond <£ C'/iic— lut iiiiirt., Kiinr. C. H. &. D.
2d nuiitgagr, giiFir. and owned by C. II. & D
Oin., Richmond it Ft. IF.— Ist mort., gold, guar

Citulnnati,

ImmedUte

AND

LoHla Co.; the lease

la

guaranteed

by Pennsylvinia Railroad, and the terms ate 8 per
cent on stock and interest on boiids.
Concord.—Vnya '0 per cent a vesr; net receipts in
187*-«, $873,836. (V. «, p. 585.)

A

Concord
FortsmoiM.—ljeuti to Concord SB.
at $26,000 per year.
Oonneclieut d Pjttumprie .—Aonatl repoct to
June, 1876. showed net earnings for year (SMySn,
against $278,790 in lg7S-4. DIv. passed Aug.,
'Tbe new mortgage of $l,900,o:0 will retire pie»la«»
hisues. (V. 21, p. 2T7.)
Connecticut Central.— Ltnaed to Connecticat TaV
ley at a rental covering interest (V. 2S, p. «>.)
Cann^Mcut iTiMT.— Net earnings 1373-4, tntfitt.
Snrplusaccount Oct. 1,1874, $518,(iaB. (V.%Pk«L>

MS.

Cmntdieut FoAsy. -Hartford to Ssrbioo*—Tbe
is $1,034,600; floatlag debt, tt.ni;IN8;
Ac, 8.833,819. (\i\. 81, p. SM.)
ConoteHcut iratf^m.— Net eamlnga 1874-*. $184,895; interest, Ac. $22I,S<!6. (V.Sl.p. 611.)
Connecting.— l,<:ts^ to Pliitadelphla A Ttentoa,
and operated by Pennsylvania; terms, 6 per cent oa
$1,278,300 stock, and Interest on the bonds.
Cumberland <t /Inuwy/raiia.— Owned sad aasrated by Consolidation Coal Co., which gnanatecs
2d mortgage. Stock $1,500,000. (V. 28. p. 4IS.>
CumtSrfind FoZfev.— The stock la owned in laqge
part by Pennsylvania Railroad Co. Net caraiag^
year ending Scot. 30. 1875, $800,594. Large adraacn
nave been made to brancli roads. This compaajr
paid 9 per cent in 1871, t in 157S, nothing In tSO,
but resumed in 1874, and declared 5 per cent. taa.
October, and scml-aannally since,
Banbury <* A'orwolt.- -Gross earnings, 1874-75,:.
Sl'-7.02ti; expenses. $87,410; tnle:est and taxes.

stock paid

cost of road,

$42,191; surplus, $37,416

A H1tt»«»(irr». -Leased, Msreb,
Pennsylvania Railroad for 33 years. The
1874. were purchased by Peaasylvanis Railroad. In default, April, ISIS. (V. 20.
.
p. S3*. 473. 500. 57a)
Damile Vrbyn. B'oomington S iVHa.— TTiis la
a part of tbe Indlaiupolls Bloomlntfton A Wwtan,
#
now In default. 8ee I. H. * W.
Davtninrl A^ St. Pa>U.-rSo\il in foreclosnre, areh
Re-organised as Davenport A Noithvest8, 187S.
em. <V. 80. p. 61, 313, 59H: V. 81, p. 441,
y.a8,p.87, 831, 805, 515,593.)
Danville Haittebm

1872. to

conpons dne October,

_

'

BM

U^

—

. .
.

:

.

RAILROAD STOCKS AND BONDS.

xriii

[Junj 24,

187(5.

abserlbera will eonrer a great favor by givluK Immedlato notice of auy error dUcovered in these Tables.
JJonds— PrinciINTEREST OB DIVIDENDS.
DESCRIPTION.
pal, When Due.
A>r explanation of

ooliiinn beadinRs, &c., see notes
at tlio lioad uf iU'st pa^e oi tables.

Miles

Date

Size, or

of

of

Par

Dm/ton A Michigan—Com. stock (3>iiguar. C.H.&D.)
Preferred stock, (8 percent, guur. <;. H. &D.)
l8t inorti^aKe, sinking fund, $30,000 per year.

Sd mortfi»j<e
3d mortgage

142
142
142
142
142

,

(kpot (cost $353,940) Ist and '2,i mortgage

Toloili)

^ Wettern—\ st M.

An/toit

,

guar. L. M.

& C. & X

State loan

Lackawanna d

Delavoure,
;

&

(314,000

50

1,388,023

— Ist mort., gold, sink. Id

.

.

&

Lansing, 1st mort., coup.,

do

'lA

mortgage

may be

Bonds

of

June 30, 1866 (conditional)

59
190

•.

8terUng.(Oak, & Otta. RR.) Oct. 1, 1853, gold....
Dollar Ibak. & Otta, RR.) bonds, Oct, 1, 1853....
1st mort. (Dctioit & Pontiac RR.), April 1, 1851
3d mortgage (Detroit & Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit & Pontiac RR.), Jan. 1853.
Bonds of Sept. 1, 1866, (Limit $300,000)
Bonds & mortgage on Detroit real estate
DHbuque tt Sioiu Ci»«—Stock
Ist mortgage, Ist division
l«t mortgage, 2d division (for $1,400,000)
Dubuque Soulh!ceslcrn— let mort., pref., sink, fd

Various

Ist mortgage, Oct. 1, 1803
Dunkirk, XUeyh. Valley <t Pittsburg— iBt mort., gold
Duchess <t Voltimbia—lst mortgage
Mast Tennessee, Virginia it Ocorgia—Stock
1st mortgage sinking f imd bonds
East Tcnu. & Georgia ($95,000 are endorsed)
do
do
new
Xant Tcnnesse and Virginia (endorsed)
2d mortgage to U. 8. uo vemment
Bast Pemisi/hania Stock
l8t mortgage
Haglern Shore, (Jfrf .)— 1st mortgage, convertlWe.
ad mortgage, convertible
.

—

BmtUm

600 &c
1872
1,000
1869 100 (tc.
1858 100 &c.
1869
1,000
1870 500 Ac.
1,000
1874
1871
1,000
1873
l",0O0
1871
1872
1,000
1873
1,000
1,000
1869
1,000
1870
1855 250 &c.
1856 500 &c.
1860 Various
1863 Various
1866 500 &c.
1853 100 &c.
1853 600 &c.
1.000
1851
1,000
1854
1,000
1853
1,000
1866
18.-56

59

reg

do

do

Mil loaukee— Ist mortgage bonds
2d mortgage, April 28, 1856
Istfundeil coupons, Nov. 15, 1860
2dninded coupons, Nov. 13, 1836
<t

(J/<MS.)—Stock

RR. bonds, Sept. 1856
Ten Tear Notes due 1885, April 1865
Bonds due 1888, March, 1868 to 1869

143
100
43
55
55
90
58
270
242
112
112
130

1863
1864
1863
1863
1870
1868
1870
50-'56

1866
1856

"36

36
39
39
114

1858
1860
1866

fissex

do
1889,
Ton Year Notes
^Soods

mortgage, convertible
mortgage, convertible

A Baltimore Railroad

for 30 per cent of gross earn
ingB. In 1874-5 gro.<!8 earnings were $610,094, and
receipts therefrom, $153,0*8.

hM

*

Delatoare
Bound Brook.— This is pirt of the
Tootc between New Yoik and Philadelphia. (V.
^
X2, p. 209, 257.)

Delaware Lackawanna dk Wafern.—The gauge
©f road narrowed in March, 18^6.
The comoperations conelet in large part of coal
adniug and transportation, and no annual report
is issued except the statisiics required by the State
of Pennsylvania. The Morris A Essex Railroad is
leased and some of its bonds guaranteed. From
the last annual report published in Chbonicle (V.
SJ, p. 84), the following comparison is taken:
p<Dx''s

Gross

Net

Earnings.

Earnings.

Stock and
Debt.

t5,S4r,72,i
(),a«8,4(»

$3,244,53.3

$S«.5.35,9.37

3,369,8!3
4,741,678
3,709,509
3,35 ,484
1, 649,7-23
4,106,23*
1,240,513
18, PD. 582, 607; V. 20, p. 85; V,

35,715,
S9,(r31,515

1870

—(V.

-

-

85,932,708

p

24,7(i6,i5«
2i2.)

Dmter P««/!<;.— Operated

in close connection with
Kansas Pacific. Land grant, 1,100,000 acres. In
1874 gross earnings were $310,911; net ear^iings
$n*,n49; total income was $34J,28', and interest
payments, $1S«,6()S. Cost of road and equipment,
(V. 20, p. 569.)
t6,-l>>4,358.
Der.~:er <4 ffto (7ran(f«.— This <s the principal narfeet) in the United States

low-guagc road (three

The whole
so far

liavc

line as projected is 8,5 miles.

been good.

EarLings

1860
1863

1,000

1847
1849
1853
1857
1858
1861
1863
1865

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

500,000
500,000

^^^

7
7
7

*200

of Jan., 18:7, are funded.

««
"212
3>a

7
5
1

M.
M.

6

A.
J.
J.
J.
g. IM.

&

Detroit <l MUwaukes.-Tias road was operated by
the Great Western of Canada, but defanlted in 1878.
and negotiations are now pending for eettling the
debt. Of the bonds of June, 1866, $l,2i8,r0Oare inthe
bands of the Merchants' Bank of Canada, redeemable tlCOjOOO per year. The Detroit A Pontiac interest has been paid in whole or in parr, and it is not
propofcd to fund coupons on those or Oakl. & O.
bondt. (V. 19, p. 118, 271,350; V. 20, p. 248. 311,

V.

186;

J8,

p.

110,

'.09,

281,

Sioux Cffy.— Leased to Illinois Central, in 1867, for 20 years, at 35 per cent of gross earnings first ten years, aud .36 afterwards. In 1875 gross
<ft

earnings were $1,194,268.
Bvbugue Southv>eitem—'Wax\ey to Cedar Rapids,
la.— Gross earnings, 1874, $117,107— $6,8.0 below
1878.

Dunkirk AUegh.
dation, Dec.

1,

1872.

Valley

<t

c*

FUtsburg.-K consoliRoad leased
New York Central A

CoiunjJiT.— To be sold in foreclosure.

(V. 20, p. 15; V. 32, p. 821.)

East Tennesnee Virginia <t Oeoriyia.— Gross-earnings year cndins June :10, 1876, were $1,059,986; expenses, $341,461, and net eamiug-', *717,5-J2. Annual
report, V. 21, p.

275.

March 1,1881
June, 1892
March, 1885
April 15, 1880

May
Nov.
Jan.

June

1,

1,
1,
1,

1890
1900
1904
1891

Feb. 1, 1888
April 1, 1896
Dec. 1, 1897
Feb. 1, 1893
Julyl, 1889

May
Nov.

1,
1,

1880
1880

May 15, 1875
May 15, 1875
May, 1875
July 1, 1886
Nov. 15, 1873
Nov. 15, 1873
April 1, 1878
Fel). 15,

1886

Jan. 1, 1878
Sept., 1

1886

Various.
Apr. 15, 187«

1883
1894
1883
Oct., 1883
Jime, 1900
July,

Jan.
April

1,
1,

1908
187C

July 1, 1900
1880 to 1886
July 1, 1876

May

1,

1886

Jan. 18, 1876

1888
1880
1886
July 15, 1873
Sept., 1876
April, 1895
Mar., 1888
May, 1889
1882
1892
Mar. 1, 1803
Nov. 1, 1884
Mar.

Jan.
Apl.

1,
1,
1,

May, 1876

Penn. R. R. Co.

do

1876
1880
28C2
1H73
1873
1897
May
1879
1883
1880
1888
1891
Jan., 1893
Sept. 1, 1875

do

Jan.,

1,
1,
1,
Oct. 1,
1,
Sept. 1,
Mar. 1,
Oct. 1,
June 1,
July 1,

do
do
do
do
do
do
do
do
do
do
do
do
do
uo
do
do
London.

N.
S.
S.

O.

'

D.
J.

D.
S

East Pennsylvania.— Jje&»eA to Philadelphia A
Reading at 7 per cent on stock and bonds. Dividends are 6 per c«nt per annum.
Eastern Shore.— Formerly leased, but now operated on own account since December. 1869. Coupons for $216,000 overdue. (V. 28. p. 897.)
Eastern {Mass.). —Company embarrassed 1875. V.
At request of bondholders, a general
p. 347.

21,

mortgage was authorized by Massachusetts Leglstatnreto fund the old issues of del^t. Annual report,
V.21, p. 569; V. 22, p. 158. Funding proposal V.
(V. 20, p. ITT, 242 : V. 21, p. 823, 847. 535,
21, p. «12.
668. 612; V. 22, p. 43, 61, 87, 135, 158, :2I, 590.)

Elmira

A

WUiamvorl.—ljeasei in 1853 to NorthRent amounts to $165,000

ern Central for 999 years.
per year.

—

Erie. Mr. H. J. Jewett, the pres'dent, was appointed receiver May 26. Negotiations for settlement with
bondholders pending— see report of London Committee in V.22, p. 4-23. Int. on the first four mortgages
Foreclosure suits were commenced tinder
IS paid.
the fifth and consolidated mortgages, but in
February, 1876, overdue interest on 5th mortgage
was paid by Maitland, Phelps A Co. The largest gross

earnlrgs ever made were $20,012,606, in 1872-3. The
following comparison for four years is from the
company's renort to N. Y. State Engineer for the
years ending Sept. 30

*

Stock, $2,300,000.

and bonds mosily held by
Hudson.
Duchess

A
A
A
A
A
A
A
A

M.

(V. 21, p. 488.)

Phila.,

April 20, 1876

Phila., Penn. Trust Co., Jan.
Phila., Penn. R. R. Co.
Oct.
Oct.
N. Y., Co.'s office.

a"' J.

J.

Detroit Lansing <t Lake Michigan.-The report
far 1875 is given briefly in the Chronicle, Vol.
22, on p. 399, showing gross earnings of $739,704,
net. $210,896. Coupons on Ist mort. paid half in cash
and half in pref. stock ; coupons of 1.
L. bonds
paid in cash. Foreclosure proceedings arc pending.
(V. 22, p. 440.)

6O0; V. 21,

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

31a

Detroit Eel River dk IlUnois.— To be sold in fore(V. -a, p. 305.)

Dubuque

do
do
London, Baring Bros.
New York Agency.

M."a""6.

7
7
7
7
7
7
7

closure.

357. 883,
i99.)

Q.-J.
M. A 8.

J.

Dee Moines <t Fort Dodge.— This is part of the
Des Moines Valley, reorganized after fr,reclo8nre.

Csopoas

Divideud.

H.AD.Co. April, 1876
N. Y., Wln8low,L.ACo. April, 1876
July, 1881
do
do
Sept., 1887
do
do
Oct., 1888
do
do
,'8 1 A '94
Mar.
do
do
N. Y., Am. Excli. N. B'k Jan. 1, 1905
Jan.
Dover, Co.'s Office.
1, 1876
Plii!a.,Glrard Nat. Bank Jan. 1, 1880
July,
1876
OlHce P., W. A B. RR.
PbiL, Fid'lity I.T. A.S.Co July 1, 1890
Cincinnati. C.

7

2,937,000
709,500
182,600
3,000,000
4,457,714

1,000

A.

A'locAs— Last

bom.

New York Office,
do
do
do
do
A D.
do
do
M. A S.
do
do
7
A. A O.
M. A N. N. Y., Bk. of Commerce.
N.
Y.,
Rutten
Bonn.
M.
AN.
A
«
1
New York.
J. A J.
J. A J. N. Y., Mercantile Bank,
do
do
M. A N.
Boston, Co.'s office,
A. A O.
do
do
J. A D.
do
do
F. A A.
do
do
8
J. A J.
do
do
M. AN.
8
7
H. A N. N.Y.,M.K. Jesup,P. A Co
do
M. AN.
do
8
do
do
7
J. A J.
do
M. A N.
do
7
6A7 J. A J. New York A Detroit.
««• M. A N New York A London.
M. A N. N.Y.,M.K.Je6up,P.A Co.
A. A O.
do
do
7
F. A A.
do
do
8
do
do
J. A J.
7
do
do
M. A 8.
7
Detroit ofHce.
10
Various
A. A O. N.Y.,M.K.Je8up,P.A Co.
3
do
do
J. A J.
7
do
do
7
J. A J.
7
J. A J. N.Y.,M.K.Je8iip,P.A Co.
do
do
A. A O.
7
N.Y., N.Y. Cent. A Hud.
?«• J. A D.
J. A J. N.Y., Brown Bros. A Co.
A. A O. N. Y., R. T. Wilson A Co
3
7
J. A J. N. Y., Gallatin Nat'l B'k
6
J. A J. N. Y., R. T. Wilson A Co.
do
do
6
J. A J.
do
M. AN.
do
6
4
3
J. A J. Phila., by P. A R. RE.
M. A S. Pliila., P. A R. office.
7
6
J. A J. PMla., Giraid Nat. B'k.
do
do
A. A O.
6
Boston, Co.'s Office.
3
J. A J.
do
do
6
J. A J
A. A O.
do
do
6
do
do
M. A a
6
do
do
M. A N.
6
M. A 8.
do
do
7
""ijia

4,8,52,000

500 Ac.
100 Ac.

Wlicro Payable, and by

payable

A O
2
Q.-J.
J. A J
7
M. A 8,
7
A. A O,
7
M. A a
7
6A7 J. A J.
J. A J.
3
J. A J.
6
J, A J.
6
J. A J.
6
l«i

1,000,000
570,000
78,000,000
8,536,910
2,483,000
2,174,000

500
100
100

959

BuS'alo Branch Bonds
^^Xong Dock Co. mortgage
~gterling bonds, convertible, £1.000.000

Michigan.— \jeseeA in perpetuity to CIn.
Bam. A Dayton, which pays interest on bonds, and
Ewrantees dividends on stock, holdiag itself
$1,898,100 of the common. (V. 21, p. 68.)
Dayton A Western. Leased to Little Miami, and
with that to Pittsb. da. & St. L. About $90,000 of
oldext. mortg. bonds of 1881, are yet out, which
irill be retired shortly.
IWatoore.— Leased by Philsdelphia WUmington

1,000
""50

50

• •

<ft

1874
1876
78
78
78

3d mortgage

isn.
vsa.
H71.

100 Ac.
100 Ac
100

1872
1873

. .

Mr?4.

"so
100 Ac.

73-'74

—

new

"ioo
1,000
1,000
1,000
1,000

1865

May 1869

—

"Bayttm

1,000
1,000

iss'e

Sttnira <£ Williamspori Stock common
Preferred stock
1st mortgage bonds
Income bonds, 099 years to run
Xrie Railway Stock, common
Preferred stock (7 p. c. y'rly, not cumulative) . .
1st mortgage (extended in 1867 to 1897)
2d mortgage, eonvertlble (extended to 1879)
4tli

100
500
500 Ac.
500

68-'69

do sterling, sinking fund
Funding Notes
Mortgage funding bonds

5th

G.50,000

1,000,000
25,889,000
1,633,000
1,198,000
398,900
417,300
2,457,000
3,024,500
2,200,000
2,064,000
500,000
3,219,000
575,000
1,359,000
770,000
81,000
2,500,000
1,000,000
628,525
377,115
1,702,316
150,866
51,000
150,000
250,000
100,000
110,000
103,266
5,000,000
296,000
586,000
81,500
450,000
3,200,000
2,500,000
1,968,274
2,999,000
730,000
135,000
147,000
190,000
1,309,200
495,900
400,000
200,000
4,997,600
194,400
160,000
1,000,000
500,000
3,516,000
1,000,000
3,000,000
2,000,000

.

"eo
25
106
118
88
94
94
164
23
164

ij^ande

1,000

"50

ibs
115

irc««eivir— Stock

jDm Uoines <t Fart Dodge— l6t mortgage, coupon
Detroit, Bel River •* /M.— 1st mort., coup, or reg
2d mortgage
Detroit. Lansing d! Lake J/«;ft.— Ist mortgage
1st mortgage, on brandies
2d mortgage, on main road
Ionia

100,000
170,000

1856
llOJa 1875

B..

do
2d mortgage
Denver Vaeijlc— lit mortgage, gold, land grant.

Detroit

61&64 500 Ac.
1,000

do

.Rio

1,000
1,000
1,000

1865

IjaokavraunatSc Bloumst)., Ist mort. (extension)..

<4

1871
1850
1867
1869

'36

2d mortgage (DeJaware, l.aokawauna &. Western)
Bonds (convertible Juno 1. 1875 to '77)

Derneer

$2,395,350
1,2S0,100
1,870,000
426,000
356,000
105,500

$50
50

110»3
13 1859

.

Delaware Uailrowl—Sitodi
Extension mortgage

Mortgage bonds, convertible, guar. P. W.
Delaicare <C Itouna Itiuok— let mortgage

Outstanding

Road. Bonds Value.

1874-5
J873-4

Gross

Interest,

Earnings.

Rentals, Ac'

$4,990,616

$fl,.351,781

5,0:16,161

5,021,025
8,425,280
2,989,446

187-2-3

lfi,698,H99
20,";2,«r.7

871 2

18,871,888

1

Net

Receipts.
$17,677,748

6 871,965
5,777,881

(V. 80, p. 288; V. 20, p. 61, &5, 14«. 453,477. 621, .570,
5H!; V. 21, 0.39, 63, 1:17, 159. 186, 207, S30. 377, .302, 871,
393, 441, 591, 012; V. 2-2. p. 41. 42, 158, 233, 28), SOB.
175, 423, 447. 467, 521, 546, £90.)

—

)

.
.

Jane

RAILROAD STOCKS AND BONDS.

24, 1876.]

!

Snbaerlbera will eonftr a (remt ntvor ky clrlnc Immeaiale notlee •( Bay arror dlae«T*r««
tkta* Taftto*.
Bomls-VrimBCDE8CRIPTrON.
nrTEBSST OB DIVIDEirDa.
Milea Date Size, or
Wh«n XYnr.
Amount Bate per When Where Parable, aod bf pui.
of
i^or oxplanatlnii of coluiuu hoadiiiffs. <&c., see notes
of
Par
btnekt—lMtti
Outstanding
ui
tables.
hnad
of
flrot
KouU.
tUo
iia^o
Bonds
ut
Value.
Cent.
Psjrable
whom.
IMTldead.
£rie Railway— IContinued)—
Ist conacilldiited luortKaRo, (fold (for $30,000,000)
ooiiHolidiUurl iiiDrtxaKC .!>'20, (for $10,000,000)

2d

bonds (delieiiturcs) convoi'tlblo till IWi
Erie it PUtsbiirg—Moek
Ist mo^t«r^Zl^. couvortible Into oousoUd. mort

Now

2d

4.19

450
82 «

nioitxa*,'?.. <M)nvcrtil)lo

Couriolidated iiioitgago tree of State tax

1870
1874
1873

Hl>9
81>9
81>s

1862
1865
1868

"so
58
40
88
51
100

1869
1869
1^69
1867
1852
1854
1860
1870
1873

$1,000 $12,076,000
1,000
14,400,000
1,000
10,000,000
90
1,008,400
100 Ac.
291,700
100 4c
92,300
1,000
2,193,000
800,000
1,000
1,000,000
2,000,000
50il) *o.
814,000
£•-•00
2,000,000
1,000
301,000
1.000
016,000
500 <Vo.
147,000
1,000
775,000
1,000
325,000
100
4,000,000
1,000
500,000
100
3,208,200
2,924,000
1,600
33,000
1,000
2,145,000
500 &0.
400,500
500 liD.
100,000
75,000
500
280,480
l'.()00
1,000,000
500 Ac.
800,000
1,000
400,000
500 Ac
1,000,000
500 &c
200,000
100 Ac
300,000
1,000
1,500,000
500,000
i',6i>o
1,800.000
500,000
1,000
500,000
I'.ftoo
1,700,000
1,000
1,493,000
100 Ac,
600,000
100
4,200,000

Iilquipmi'nt bonds.

.Bitro^/iKfjV./lm.— l8tM.,Bans'rtoWlnn.,Banir'rru
I..aud jriiiut l»t niort. (2d mort. Bangor to wmu.).

B»DKor&

PiHOiitaciuis,

BanKor

loan, 1st mortg...

1st mortcaKC, ntcrling, on N. Brunawlok road

Cniii'/iiidgv.—lat in., Kv. & 111., s. f
mort., sinking' fund (EransvJUe to Torre H,)

Ei>97iin\
l.st

rf-

.

Kock V ille ox tonnion
EvanriUe, Terre IlauU d Ofci«.— l»t mort., gold

2:1

24 inortjage, ««ld
Fitchburg—Stork

,50

50
04

Bonds, coiiponn (ift.OOO.OOO autliorlzod)
Flint (C Fere Manfue.tle Stock
Consolidated niortjtago, sinking fund
Ist in. on 20m., 2d on 40; 1. gr. 153,000 no., 2d d.
Ist uiort., land grant ;!.'')8,000 acres, Hd dlv
Flint «t Holly UU. (»ink'g fund .$25,000 per year).
Bay City, E. Saginaw, 1st mort., guar by lessees.
Baj- County, issued in aid, guar by lessees
Constrn(5tion bonds
Holly, Wayne tc Monroe, 1st mort., sinking fund.
Flushing, Morlhuhore it CenL—lat mort. (Fl. & N. 8.)

—

2d mortgage

(Fl.

&

N.

1874
233
233
60
100
17
13
(!5

58

S.)

I., Lit mortgage
do
do Extension 1st mortgage
Fimda, Johnsloicn d- (lloversDille—lat mortgage
I'ort Wai/ne, Jnc.ksnn it Sai/inaw^lat mort., coup.
2d mort. and etiuipmont bonds, coupon

C'enti'al of L.

fort Wai/tie, Miincie

it

2d mortgage

Framingham

it

Cincinnati— 1st mort.,gold.
— 1st mortgage bonds

.

.

Lowell

Oalveston, llarrlsb.it San Anfoiiio— 1st mort, gold.
Oatveslon, Houston it Hend. of 1871— 1st mort
tfeiieca, llhaca it Athens— l»t mort., s. f., gold
at'irgia Railroad it Banking Co.—Stock

Bonds, not mortgage
Oilman, Clinton it SpringfieUl—lat mort., gold
2d mortgage, gold
Orand Rapids it /iw/Idim—Stock
Ist mort., laud grant, gold (guar, by Pa. RR)
1st mort., land grant, gold, not guaranteed
Income mortga.u:c bonds, for $ 10,000,000
Grand Trunk (C'aimrfa)— Consolidated stock
New stock for £ 10,000,000
Debenture stock for £S,000,000 (act of 1874)
Canadian debentures
Equipment mort., 1st on all rolling stock
do
do
2d
do
Postal bonds, &c., secured by gov't business
1st pref bonds, con v. into 1st pref stock

.

.544,500

iio
110
335
335
335
335

1870
1872

1,600

i86!>

1,000
1,000

1869
1875

2,000,000
1,000,000
2,800,000
4,000,000
4.000,000

do
conv

do
do

£25
*100

1873
1875

*3,4 86,787
7,500,000
1.060,000
3,111,500

500,000

do

2d

Mortgage bonds, coupon
do
do
do
do
Now bonds, coupon

Of(!«nm;/< rfCoZiimfcia— 1st mort.,guar.by State

.

..

Bonds not guaranteed
New mortgage (for $2,500,000)

Common

it SI.

£2019

•S50

£100

iibb
*ioo
£100
£100

145
143

Various

it- Pacific— lat mortgage
stock
.Tiiseph—
Preferred stock (7 p. c. yearly, not cumulative) .

Western Texas

495%
350
350
350
850

Debentures

.

100
100
1,000

1863
1870
15
53
54
54

(

500,000
1,200,000
3,218,149
2,327,808
7,166,910
£4,459,309

288,883
1,998,275
127,000

485,000
62,000
1,000.000
1,413,071
632,237

1876

1853-7

Missouri State loan
I<and grant mortgage
Bonds 1870, convertible
1st mortgage (Quinoy & Palmyra BR)
1st mortgage Kansas City A Cam. RK.)
Barrisb., I'ortsm'th, Ml. Joy it ianc—Stock
1st mortgage.
Brie <t Pittsburg.— 'Laniei. in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 per cent per annum on stock
aud debt. Net earniugs, 1875, $226,787. V. 20, p.

143
09
275
275

7

IH
7
7
7

European

7
6 4?'

««•
7
7

7
"«'

7
8

10
10
10
8

1867
1S,V3

&

mm
»1

*

055,0r.3;

Fere Marq'Utle.-Qmtn
net earnings. $3i(>,498.

earnings 18T5,
The lands are in

for $84,638;
five trust; eaies in 181.5. 7,430 acres,
$2,l.lS,9fil;
total to Jan. 1, 1»7« 2I«,9:)» acres, for
on consol.
Coupors
a.%udB yet unsold. S48..')02 acres.
Jionds oassod Nov., 1875, and part were fnndcd. (V.
3',
568.)
531;
V.
p.
*0,p. 4»8,593?V.21, p. 488,

Flushing. Northshore <t Central.— k consolidation
of L.
n 1874 of 'seven companies. Operates Southern
There are. in addition to above, «25,i)ii0 N. Y.
and
Shore7s;
North
»149.ih')0
7s;
4 Flashing RU.
$93,000 Whitestone & Westchester is. (V. 20, p.

1

I

I'7

?1:
7

I,.

7g.

1,386,000
9,167,700
5,087,224
3,000,000
109,000
4,000,000
500,000
1,200,000
1,182,550
700,000

6g

A.

6k.

J.

Various, F.

5g

5 g

4g.
l^*
2>a
5

6

383:)

FonJla, .Tohnstown

*

(UovcrsvUle.—t^et

eammgs

187J-8. $4.j,937.
TtAffic guaranFi>rt iroyjw, .Tackson <t Saginaw.—
Interest was
tee 40 per cent from Michigan Central.

;.i-«ed January, 1874. Gross earnmgs, 18.4, $8^.882;
2-»,
ict, $127,309. (V. 19, p. 305; V. 20, p. 591; V.
p. 35J.)

1873-4.

A.
A.

Grand Rapids

Columbia, Co.'a

7g.
"7
6
7

4
A

4
M. A
.F. A
A
IJ. A
J. A
A.

8
8

1.1.

31a

6

SprlngJUd.-Tbl* companv
and n to be sold June a 1876.
81,

Indiana.— hn olBclal description
on

of boniis was given when ther were put
the call of the Now York York Stock Kichmzo, in Jannwy, 1875, as follows: »4,000,(tlO
interest
are ••Guarant.ied Bonds." Princlpd and
•ruiiranteed by the Pennsylvania Riiiroad Comliauy, and arc also a lien npon the land grant.
No 1 to 4.0 0. $3,C«),000 are " Unauoranteed
the
same
socurod by
which are
IioDd3,"

Uredaem able.

isn

April,
April.

1874

Perpetnal.
July, 1870

1877
1878
1890
1881 to 188«
Oct.,
Oct.,
Deo.,

Office,

Jan.

J.

J. N. Y., B'k.
do
O.
do
S.
do
A.

1,

ISO*

No. America,

1884-1887

do
do
do
do

April 1, 1881
Mar., 1886
Jan., 1893
Jan., 18*2
Jan. 1, 1878

do

J

Pblla.,Co.'8 Office,

J,

J.

do

mortgage as

the

July

do
gnaranteed

1,

1883

bonds on the ae

land grant $'jeO,000 are " Kz. Land 6amk
Bonds." bebig a part of the orinal %\fM,fVtymr
guaranteed bondi*. which have from time ta taas
been rcdocmed by the operations of tbe alnklac
fund. When tho land certiflcate Is detached tb^
arc no longer a lien on the land, but, by tho tenas os
the trust deed, remain a 11 si uiorif age on the whole
Ime and appurtenances. No. 4.001 to 8,0«1 Co».
pons April and October. Annual report, V. M,
tire

^

610.

(V.Sl,

p. 110, 5S4.)

Orand Trunk (Conado).— These

flgnrea i-^

sterling. Gross earnings in half year <»
18?«, £l,0»ll.85.''; expenses, £818.408; netf
Ings, £i0^450. Report In V. **, p. 445. (V. *t,

pounds
Jan.

1,

p.

44U.)
Great Western (Ca«a<ia).-The«e flgtitesarertta*
Company leases several
In poands sterling.
Canada, amoanting to 156K miles, ana the De^oB
4 MUwaukoe, 189 mUes. For the half 7««r aaUot

rnSK

Jan.

J876,

81,

the gross receipts

wer^ £«H{aT:

working expenses, £143,644; net earnings, £9t,S«.

\r«, p. 446. ( V. 81, p. 4«», »40.)
Oreenm* A CWumWa.-This company defo^

Report In

several years since, but compromlseo with Its Daaa>
(See Chboniclx, V. 16, p. »»; V. 17, |k
holders.
460, 762;

*

rcriMtual.
IrrodeeniaMa,
IttodeematiMi

Ang., 18TO
J.

10

•«; V.

J.

1877
1930

April,
Jan.,

do

do

*i, p. 875.)
<*

4 O. London, at Co.'a Office,
do
do
4 J.
dn
do
4 A.
do
do
4 J
do
do
4 J.
do
do
A J.
4 O. London 4 Montreal,
do
do
A O
A J. London Joint Stock B'k.
do
do
A J
do
do
A O.
do
do
A O,
do
do
A D.

7

(V. 19, p. ^47; V. «1, p. 895.)

,

A.
J.
J.

J.

187ft-*.
1874-5.
$1,881,907 $1,101.8*4
8»6,09T
611,677
485,809
568,648

defanitod in 1874,
V. 19, p. 143, «9«, 583: V. 20, p. 404, 670,

A.

6

684,3)4
Net earning.
In May, 1875. this company, with the Central Oe"rgi«,
purcbaseil at foreclosuro sale the Western Railroad

OUman. ainton

J.
J.
J.

51a
5 "a

(V. 20. p. 367.)

Tot. gr. earng's... $1,571,786
S8-.4.56
Operit'geipi-nses.

V.

.1.

,1.

7g.
8g.

Georgia Railroad <t Banking Company —The annual report for the last flscal year, ending April 1,
A com18-76, was pnblishcd In V. %i, p. 4«0.
parative statement tor three years was as follows:

p. 89, 63, 110;

'

.1.

.1.

V. 80, p. 181.)

Sf Alabama.

do
do
do
4 J.
do
A. 4 O.
do
do
do
J. 4 J.
do
A. 4 O.
do
Boa ton.
J. 4 J
M. 4 .8
New York.
A. 4 O BOAton. Heoond N. Bank
Lomlon.
4 J.
4 J N.Y.,Fami,L'aa 4 T.Co.
do
4N
do
do
dp
4 A
4 N. N.Y.,Fann.L'anftT.Oo.
do
do
4 J
Boaton Oflloe.
4 J
Jn\r 1, 187S
April I, ISM
do
A. 4 O
M 4K. N.Y., Mnrch'nta'Ex.B'k. May, l«0a
J. 4 J. N. Y., Mecban. Nat. B'k, Jan. 1. 1M7
do
Sept. I IHSit
M 4 H.
do
do
do
May 1
M 4 N.
ism
J. A J. Newark, N. J., Bar. Ina, July 1
Sfipt. 1. 1887
New York.
M 4 S.
do
Jan 1' 1876
4
4 J. N.Y.,Mech., Nat. Bank. Jan 1, iwn
M 4 N. N.Y., Chatham Nat. Bk. May I 18W
do
M 4 N.
do
do
do
Mar. 1, tgoa
M 4 H.
May 1, 1MB
do
du
M 4 N.
4 J. N.Y.,8t.NlcU.Nat.B'k. July 1. IMO
4 J. N. Y., Farm's. 1..4T. Co. July I, im»
Oct., 1S81
do
do
A. A 0.
Oct., 188*
A. 4 0.
Boston. Office.
April. 18M
do
A. 4 U.
1891
1910
Bost. 4 I/ondon.
P. 4 A.
J. 4 J. N. Y.,F. P.Jamos4Ca July 1, 190t
4 J. N. Y., Metrop. Nat. B'k July 1, I80O
J. A J. Angusta,Oa., RR. Bank. Jan. 15, 1876
yearly to 1800
do
do
4 J.
a«ipL,1900
M A S. Now York and London.
Jan., ISn
J. 4 J.
iiJM"
4 Co.
J. 4 J. N. Y., Wlnalow,
1890
do
do
A. A O.
,r.

8

8

Fbrt Wavne, ifmcie <» CTiwinna/i.— Receiver
appointed Nov mber, 1874. (V. 19, p. 602, 528, 588;

hands, April, 1875.

Massachus-tts.
i''i?cftA«ro.— Leases Vermont
Net tarninss 1874-5, $.391,021; dividends, 8 percent
for some years. (V. 21, p. 39, 590.)

Ix>ndun.

N. v.. Union Tnist Co.

,r.

.

EvansciUe, Terre Hiutt Jk Chicago.—la 1874 5 net
earnings were $111,089. (V. 21, p. 136.)

,V«w Yerk and London.

R.

O.

Q.-M.

.r.

H

7
7
7
7
7

—

it

4
4

J.

Framingham <t LoweU. -Leased to Boston, Clinton A Fitchburg; has also $150,000 8 per cent bonds.
Defaulted In
North American.
(V. 16, p. 188.)
A very complete statement of debt, incmd1876
Oa!vest/)n, BarrUburq <t *i« Antonio.— la progl»g bonds pledged for loans, in V. 21, p. 315. Inter875
est is paid on 1st mortgaie and Bangor A P. (V. 80, ress. Net earnings 11:74-5, $310,sr4. (V. «, p.
8!, p.
p, 615; V. 21, p. 15, i-.t, 315, 318, 3S»5, 418; ^
earnings
Hendtrton.—N»t.
Houston
<t
Galveston,
sri.)
315.)
EvansviUe <t C'ow/or<t»»itf«.— Common stock is 1874, $255,375. (V. 81, p.
«1,OH.400; preferred, $100,000. Net earnings 1674-5,
Geneva, Tlhaca ct A thens. -Consolidation In 1874 of
interest regularly,
paid
has
company
'The
41.421.
$
Geneva A Ithaca and Ithaca * Athens. In Receiver's
(V. 21, p. 488.)
lilt no dividends.
42S.)

J,

g.

(1)

1,877
....

areat Western ( Caimdo)—Common stock
PrefeiTed 5 per cent, convertible Into common. .

ehtlf.

1871
1869
1870
1872
1873
1870
1860
1871
1880
1871
1871
1873
1872
1870

.

.

2d
3d

ndnnibal

10
100
100
109
109
28
82
50
35
232

1872
1866
1868
1868
1867

M.

?*•

V.

»0, p.

668:

V.

28, p. 110.)

Gulf, WesteTH Teaeas Jk ftjc^— Net eamiaga,
1874-5, »50.000. Overdue coupons, $8 lS,55a Boad>
hoMers wait. O'- «>. P-

4*8

Hannibal

*

Sf.

Jotep/t.—Ot the MIssonH State leaa

$1 5i)0.v100 was extended tor SO years. It Is s'"*that the Co. has *8.5iV.fC«) in land notes, and I
acres yet unsold. A change in the directors
nlace Nov.", "iSrsT No repo'tt has been ls«ned
1878. (V. 81, p.4t«. 483; <'. 82, p. 153, 328.)

narriaburg, PvrtsmouOt, XouttiJof <t £a>i«^^.—
Lessed to Pennsylvania Railroad, which

~— -

nujority of tho stock.

—

..

..
.

RAILROAD STOCKS AND

XX

-

;

.
.

BOIS'DS.

[June 24, 1876.

Sabaerlbnrn will coarer a great lavor by Kiviiie Immedlat) iiottre of auy error discovered lu tlione Tables.
IJE.SCUIPTION.

Miles Date
of
For explnnatiou of column bcadings, &o., see notes of
Road. Bonds
at tUe bead of first pogo of tables.
Burt/., Proe. <e FUhkUl--l»t mort. (R.
.Hoitja/ojitc— Stock

26 13 1853
120
120
74
1869
1873
343 1800
118 1870
47 1873
401 1872
58 1854
58 1857
58 1865

I.)

Preferred stock

2d

iiiortiraKe.

..

Bonds of 1860.
Bonds of 1873
d- Texas Cc)i(.— 1st M., (main) sold, l.gr.,s.f
Ist uiort., West div. (Hempstead to Austin)
1st T'T., gold.Waoo & N'wcst (Brcmond to Waco)
Consol. luort., 1. gr. (coupon, but may bereg'd)...

JlmisloH

—

HundngiloH d Broad Top—le,t mort,, gold
2d mortgi^re, gold
3d mortgage consolidated
8<u*ip for pjist due coupons
,

707

UliHaia CViUra/— Stock
Kedenn)tion, Ist and 2d series
General mortgage, sterling
Sterling bonds. (Hinkiug fimd $100,000 yearly)...

Mortgage,

Mterliiig

Indiaiuipolig, liluomingion

<C-

irc»(.— Ist mort., gold

202
202
217

2d mortgage

Ind., Ulooni., & W., E.itcnslon, 1st mort., gold
Jiutiaii-poliiiDcc. <t «/»•.—1st M., gld (for $1,800,000)
2d mort., (income uonds only fill July, 1881)...
Jndianapoiiit, CinciiiHail iC La/aj/ette Stock
Preferred stock (Issued for funded debt bouds)
Indianapolis & Cincinnati of 1858
Indianapolis, Cincinnati & Lafayette

85

—

do

Fundtd

90
154
174

do
bonds, coupon
do

interest

Etiuipment b<mds, registered
Cincinnati «.^ Indiana, 1st mortgage
mortgiige, guaranteed
Judianujjolis iC SI Z,oi(i«— Ist mort., In 3 series.

20
20

2d

71
71

.

mortgage
i;<)uipmcut bonds

•JIA

ladianapolis

d:

-

Fincc/in€«— Ist mortgage, guar...

ad mortgage, guaranteed

JnUmaiiomU

il7
117
459
204
255

—

Great Northern Cousol. stock
International, Ist mortgage, gold
Houston & Great Northern, Ist mortgiige, gold.
Int. & il. <& G. N. convertible bonds
do
do
2d mort., (excli'ble for convert.)
Joaa lulls d: Sioux Oi<.i/— 1st mort., April 1,'69
Iron Mountain, Cliesterd A'.— Ist mortgage, gold
Jiteksonc, PeK«.<£Jfo6.— Florida State bonds, gold..
^eferson(Pa.J 1st & 2d morts. (Hawley Branch)..
t&

459
184

250

—

9
38

—

226
86
1.59

2d mortgage

do

do

159
38
12
44

d A lbany—1 st mortgage, gold

Kidgefle'ld Park, (N. J.,) 1st mortgage
Joliet d Northern Indiana 1st mortgage

—

2d mortgage
Kansas City, St. Joseph d Cmmcil Blufl's—Stodk.
Ist mortgage. Council Bluffs & St Joseph.
Joseph & Council Bluffs, 1st mortgage.
do
do
convertible
Mo. Valley, Ist M. ($1,000,000 of it is gold)

s «

265
52
78

oo

130
262

.

Bt.

.

New

C. Bl., consol. mort.
consolidated mortgage (for $8,000,000)
Cit,v, St.

Jo.

<fe

78

Three year notes
iVicirto— Stock
Ist M., 394th to 039th mile, I'd gr., 3,000,000 ac's
1st mort., gold, coup., on 140 miles west Mo. Riv.
Ist mort., gold, 140tb to 393d mile
.2d mort (to U. 8. Gov.) on 394m. west Mo. River
Ist mort., coup., (Leavenworth Branch)
land gr. mort. (Durant), coup., on 1,000,000 acres
Income bonds, coupon, 3d m(»rtga,ire 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.
Fort K., 1st mort., .gold, land gr., guar

C&

Sent County, (Md. J— 1st mortgage bonds
Kentucky Central—IA mo^'tgage
3d mortgage
Hartford, Providence <J FishkiU.— Tins road forms
a part of the proponed line of the Boston, Hartford
AErie. The bonds fell due Jan.. 1876, but city ol
Providence declined payment and suit is pending.

304.)

ffoasatonic— Lease? Berkshire Railroad, Stockbridge & Pittsfleld, and West Stockbridge. Gross
earnings in 1874-5 were JB-<2,(K)9: net, *2.i8,173. The
mort. bonds due 1877 paid off Nov., '75.
2.', p
(V.
V

.!

asa.)

Houston

Texas Central.— Gross earnings

(ft

in 1876
Interest

were

$2,9=tO,0i8; net earninjR, tl,14:),9:«.
Capital, $6,500,000. (V.
"
'" '
'
140; V. »-2, p. 328.)

charge, J 175,003

p.
f 77,

iX),
•

.

Huntingdon <6 Broad Top. - Capital stock is $],Gross earnings in 1875 were t332,829; net,
$1'>5.483.
Interest passed oa 3d mortgage bonds
Ti'. 22, p. 206.)
JUbiois Central.— A general mortgace provides for
all the bonds now ontettnding.
It is limited to
993,;50.

515,000.000. The Company holds among its assets,
»1,K42,000 seven per cent bonds of the N. O. St.

Louis

&

Chicago RR. Those Bonds are part of
$6,000,000 which bear a pun basing agreement of
$200,000 i>cr year, but are not gaaraat-jed by the 111.
Cent. Annual diviilends for three years past have
been 8 per cent, and previously 10 iJer cent. The
following is a comjiarison for fonr years:
Gross
Net
Interest,

Tear.

lure...

18«...
W78...

..

Earnings.

Earnings.

.|;7,'02,556

ti

$661,fi9s

8,77.5,362

413,610

7,900,721

....

8,268.3-25

2.5)0,890

8,020.731

2, 10!, 107

—(V. 20, p.
16,256.)

61,

Ac.

r)70,()81

....

1872.

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

500
.500

1,000

'ioo

500&C.

£200
£200
£200
1,000
1,000
1,000
1.000
1,000

50
100
500 &c.
1,000
1,000
1.50 &c.
500 &c.
1,000
1,000

1,000

1871
1872
1872
1874
1869

1870
1867
1869
1862
1866
1870
1873
1872

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

1,600
1,000
1,000
1,000

500 &c.
1,(K)0

1,000

820,000
1,180,000
100,000
100,000
150,000
0,227,000
2,305,000
940,000
2,864,000
416,000
367,500
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
2,067,000
5,668,967
1,200,000
1,600,000
2,800,000
1,701,000
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
3,264,000
4,084,000
3.116,000
1,843.000
2,960.000
660,000
4,000,000
300,000
2,000,000

100
500 Ac
1,000
1,000
1,000
1,000
1,000

100

1866
1867
1869
1868
1870
1873

1,000
1,000

500

110, 288 V.

.557.42

V.

81, p. 489;

28, p.

Indianapolis, Bloominft/on it Western— DetmU was
nrst made July. 1874, and affairs are yet unsettled
Receiver's certificates issued to Aug. 1, '7.\ $20'' 001
The Danville, Urbana. Bloomington & Pckiu is part
efthisroatl. Plan of jc-organization. V. 22, n no
rVol.»i1,p «i (05; V.21, p. S45, 277,
348, 393; V.
'
aa, p.16, 61, no, 857, 375.)
'

.

.

7

$481,000

$500<fco,

100
100

ifoMrfs— Prmei

INTEREST OR DIVIDENDS.
Amount

&c,

1,000
1,000

&

F.

7g. A.

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

7

<k

7g.

J.
J.
J.

8

A.

g-

7g. A.
7g. F.
.

7

A.

4

F.
A.
A.
A.

6&7
6

6g.
5
5

g.
g.

J.

7g.

A.

8

J.
J.

7

g.

J.

7

7

pal.

7

7
7
7
8

7
6

Jan.

B'k.

& Boston.

J.
J.
J.

0.
0.

A.
0.

A.
0.
0.
0.
D.
0.
J.
J.

0.
J.

7

J.

1,994,.500

1*1

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

7

Q.-F.
M. & N.

A.

do

June, 1899

A.
A.
0. N.
N.
J.
J.
J.

&

&
&
?«• M. &
&
J. &
8
J. &
6
A. &
6

7
7

A.

0.

J.
J.

7'
10
8

J.
J.

N.
J.
J.

0.

J.

&"j.

M.

&

B.

&D.
F. & A.
M. & 8.
F. & A.

J.

& 7. g.
8
8

10

Sept.'78,'80,'83
Sept, 1, 1883

Dec., 1392
Jan. '77. '82, '87

July
Oct,

July

1919
1900
1881
1908
1900
1,
1,
1,

Aprill, 1911
do
Jan. 1, 1900
Aug. 1, 1892
do
i'o
Feb., 1904
do
Y rat. Park Bank. Aprill, 1899
May, 1901
i-ewYork.
1900
Honesdale Nat. Bank. 1887 & 1889
N. Y., by Erie Kailro.id. Jan. 1, 1889
N. Y.,Farm. L. &T. Co. May 1, 1876
do
do
May 1, 1881
do
do
Oct. 1, 1906
do
do
July 1, 1910
1913
New York.
May 1, 1912
N. Y.. Farm. L. <k T. Co. Jnly 1. 1874
Philadelphia Office.
July 1. 1882
do
do
April!, 1900

J.

F.
F.

l'^-

1888
1897

April,
Feb.,

0. N.Y., National City B'k

J.

8

7

1876

1,

April 10, 1876

1885
1889
1883
N. Y., Nat'l. aty Bank. July 1, 1891
do
do
July 1, 1891
do
do
July 1, 1903
do
do
Oct. 1, 1912
Philadelphia, Office.
Oct, 1, 1890
do
do
Feb. 1, 1895
do
do
Aprill, 1895
do
do
N. Y., Co.'sOttice.
Aug. 1, 1876
N. ¥., Co.'s OfHce.
April 1, 1890
l>ondon.
Aprill, 1895
London.Morton R.& Co. Aprill, 1903
do
do
Dec. ], 1905
N. Y., Turner Brothers.
Oct., 1909
do
do
Oct., 1890
do
do
1912
New York, Co.'s Office. Jan. 1, 1906
do
do
July 1, 1906

7|.
8

•

A. Bridgeport and Boston.

7

g.

When Due.

Stocks— Ijoxt
Dividend.

J.

7
10

7

Biidgepoi-t

A.&O. N. Y.,Amcr. Ex. Bank.
F. & A.
do
do
& D.
do
do
M. & S.
do
do
M. & S.
do
do
J. & D.
do
do
do
J. & J.
do
Various N. Y., Winslow, L. & Co.
A. & 0.
do
do
do
J. & J.
do
F. & A. N. Y., Farm. L. & T. Co.
do
M. &N.
do

"i'

7

Am. Nat.

Hartford,

do

7g.

'

J.

Q.-J.

7
C

887,000
948,000
305,000
20,000,000

673
100
245 1869
1,000
140 1865
1,000
253 1866
1,000
394 1865-7
34 1866
i',6oo
1866
1,000
427 1860 100 &e
1870 2.50 &c
1871
1,000
56i2 1873
1,000
3313 1873
1,000
34 1869 500 &c
99 18.53
1,000
99 18.55
1.000

&

J.

"2'

&
&
&
&
A. &
M. &
J. &
J. &

2,.500,000

1871-2

Kansas

(V- 9*. p. 87,

Value.

500 ic.

4I2

Jtnution, Philadelphia— \tit mortgage

Kansas

1875
1858
1867
1869
1873
1873
1862
1867
1869
1870
1871

par

41

ist mortgage (Snsquchanua to Carbondalc)
JeffersoncilU\ Madison d- Indiatuipolis Stock
Indianapolis «& Madison, let mortgage
Jefferson ville, Madison &. lud., 1st mortgage

Jersey City

1851
1804
1875
1874
1875
1869
1870
1872
1876
1876

Size or

do
do

New York and

Boston. Jan.

do
do
Sept.
do
do
June
N. Y.,Farm. L. &T. Co. Aug.
do
do
Sept.
Boston.

1,
1.
1,
1,
1.
1,

1880
1892
1874
1893
1890
1898

Feb.
Oct.to J'ne,74-5

....

& N. N. Y., Lend. & I'Yankf't. May 1, 1890
& A. N. Y., Bk of Commerce. Aug. 1, 1895
do
do
Jmie 1, 1896
& D.
4.0(!3,000
6g.
Payable I2 by transportation.
1895 to '97
6
6,303,000
Bk
M.
&
N.
N.
Y.,
of
Commerce.
Jan. 1, 1896
7
600,000
do
do
Mar. 1, 1876
M. & S.
7
170,000
do
do
July 1, 1916
M. & 8.
7
4,275,3.50
7g. J. & J. N. Y., IX)nd. Fraukf t. July 1, 1880
1,706,250
8.
New
York.
M.
&
Sept., 1886
1,500,000
7 g.
7g. A. & 0. New York & Frankfort. April! 1903
1,125,000
New
York.
Aprill,
A.
&
0.
1903
600,000
7 g.
J. & J. Phila., Corn Exch. Bank Jan. 1, 1889
6
400,000
Bank
of
M.
&
8.
N.
Y.,
America.
March,
1883
844,000
7
do
do
June, 1885
J. & D.
237,000
7
Jeffersonvil'e, Madiso'* & Indianapolis.— Itesi-^ed in
In'lianaitolit, Cincinnati
Lafayette. — The company was re-organized in June, 1873, and has since 187. to Pittsburgh, Cincinnati & St Louis R.'iilroad.
6.404.000
2,240,000

"

7'r-

6

M.

g. 'F.

J.

<fe

,

<fe

been doing a good business. The last annual report
was in V. 81, p. 461. Gross eariiiiigiS, 1874-75,
$1,767,231; net, *670,980. (V. 20, p. 162. 337; V. 21,
p. 207, 877, 463; V. '22, p. 257.1
I/idianaix>lis, Decatur & SpringHeld— This em
braces the former Indiana & Illinois Central. The
second mortgage is is«ned 10 holders of old I.& I.C.
firsts, and till July, 1S81, Interest is payable out of
net earnings only, if sufficient. The remaining 67
miles to Indianapolis

is

in progress.

& St. io«i<.—The stock, $600,000, is
owned by Pennsylvania Co. and C. C. C. & I. This
company forms part of the Pennsylvania system, and
IndnnipM:

leases the St, Louis, Alton

& Terre Haute.

(V. 21,

p. .395.)

Inilanapolis <fc Yincenm!s.—.1» controlled by Penn.
Co through stock riwoer.ship, and interest is guaraiteed by Penn. Railroad.
Net earnings in 1875
,

were

$32,708.

(V. 80, p.

426.)

International <ft Great Northern ( 7'«a^«w).— This 's a
consolidation of the International and the Houston
Great Northern. Interest passed and funding progressing.
The company had an issue of Texas
bonds granted it, but the grant was repealed and
land given instead. (V. 20. p. 136, 8J1, 313, 383; annual report, V. 2J, p 39S )
Ioii}:i Falls tfc Sioux «<;;.— Leased to Illinois Central at 35 per cent, on earnings. Quarterly dividend
i}i per cent, June 1, 1876, on $4.6i5,0y0 stock.
Iron Jlotintain, Chester <6 Eastern..— This was formerly the Chester & Tamaroa. Bonds are in default since 1873, and a receiver has been appointed.
(Vol. 19, p. 520.)

for interest and sinking fund of bonds and 7 per
cert, a year on stock. Lease transferred December.
1872, to Pennsylvania Company.
In 1875, net earnings were {458,231. (V. 89, p. 426.)

Jersey

Citi/

eft

Albany.

—Road was

was stopped
off.

in panic of 187:5.
(V. 19, p. 305; V. 21. p. 613.)

in progress,

bnt

Bondholders held

.Miet (ft Northern /rt'ftirea.— Mich. Central offered
to extend with a 6 per cent, bond but court decided
that total rent must be applied to principal and
interest of bouds; still in litigatioa. (V. iO, p. 85.
140, 489; V. 21, p. 110; V. 8.', p. 667.)

—

JunctioniPhU.^ Owned by connecting companicB.
Cost of road $898,3J1; paid-up stock, $185,00(5.

Kansas City, St. Joseph <t Council Bluffs— In addition to these, there are also funding bonds of about
$640,000 in different issues. Annual report for 1875
in V. 22. p. 4»S. Gross earnings in 1875, *l,3(i2,70S;
net, $351,869.
Stock, $2,776,iX)0. Interest defaulted
Sept., 1873. (V. 20, p. 475; V. 88, p. 83.3, 493.)

Kaisas

Pacific.

— la

against

?r,int IS

two

rom

1874

net earnings

were

$l,li6,.3ns in 1873.
Th'.- land
trusts, 2,( 00,000 acres in the llret,
the 1st to the 380th mile, and 3.000,000 acres in

$1.6S5,704,

m

the second, from 3-^th mil westward. Interest on
income bonds is payable in lands or cash, only ont
of net earnings, "rhe 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 witii Union Pacific made ia
May, H75. See annual report. V. 21, n. 252.
(V.
19, p. 271, .305; V. 20, p. 8, 85, 476, 601, &M; V. 21,
p. 466, 613; V. '22, p. 646.)
;

Ja^kionviUe, PensacDla <& J/oMe.— Tin's road is
mortgaired for a like amount of Florida State bonds.
Indefault and litig:ition. (V. 19, p. 08".); V. 81, p. 5J1
V. 22, p. 158.)

defaulted in 1873.

Jeferson. -'Leased to the Eric Railway Company,
which pays interest on th« ^onds. (V. 14, p.' 688.)

&

Kent Co.— This road was completed

in 1872, but
received.

No recent iuformatiou

—

Kentitcky Central. This was formerly Covington
Lexington. (V. 20, p. 500; V.21, p. 39.J

,

June

RAILROAD STOCKS AND BONDS

24, 1876.]

Knbscrlber* irlll cunfer

m.

creat favor

DESCRrPTTON.
For oxplnnntiou of column
ur

•It tliu liu.'u.l

Keokuk

rfi

&c., nee uoU'h
UibleH.

Iicartlnfrx,

lii'ut

vaaa or

Wwincji— Ist morti^iiKe

l>es

Finulod iiiUsrest UoikIm

Knox t£ Lincoln— 1st iiiurt^fi>;o
Lake Krie Lou itii^iUe— I at uiovt. ($1,100,000)..
La/ee Slioredj Miclii'jnn SnulAcni—Smok

bjr

MUea Date Bizc, or
of
of
Par
Road. Bonds. Value.

Amount

.1021 1874 $10<)&c.
1874 100 &c.

$2,300,000
258,720

tC-

fuii<l, 1

do

<lo

lur ccutjcimpoii.

8(14

do

804
801

roxlutorcd

(for ifJ.I.OOO.OOO) coup, iiud r<>s.
.$000,000 poi- yr.) coup, or row.
MortwiKC bonds of Oct., ISOS), sinking fuud...
iHt nnirtKajrc, sinking fniul, M. H. <& N. I
(s. f.

Hoi
4.'il

2d uimtKagc, MIcUiguu Sontlieru
l8t niortK.iKO (D., M. & T. UK.)
2d uiorlgago (C, 1». & A. Rli.) registered bonds..
3d mortgage
do
L-ikc sh:)rc dividend bonds. April, 1809
1st mortgage (C. & Tol. KK.) sinking fuud
2d mortgage
do
Buiralo dc Eric, mortgage bonds
Qo
do
do
do
Kalamazoo & White Pigeon
Sulioolcraft A, Three River
Kalanuizoo & Schoolcraft
Kalamazoo, Allegan Jic Gr. Riipids
do
do
stock, 6 per

Jamestown & Franklin,
do

do

451
02
05
95
238
162
l(i2

88
88
88
37
12
13
58

at

Lake Superior i£ 2fi««— Ist mort.,
Income mortgage bonds

"s'i

51

gold, l.gr.,8.t

150

iawreiK'e—.Stock
Ist

17

Galv.—li>t mort., l.gr. ,8.f., couv
Kansas 0. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
Lehijgh (C Lackaioiinna~\#t mortgage
Lehiyh VaWe//— Stock, common and'pref
Ist mortgage, coupon and registered
2<1 mortgage, registered
Gen. mort., gold, $ & £ (s. fd. 1 p.c. y'ly) coup. & I'og.

145
33
10

common

141
81

<£•

Istmortg.ige
Street connection

171

200

ttoiids

123
123
70

Ist M., Id gr't(7.'i0,000ac8)s.fund (for ,$3,000,000)

O.— Ist mortgage
?.„

31
31

Ist mortg.agc, sinking fund
Logaiuip'l. Vrairfordsc.it S. IT. o//nrf.— Ist mort., g.
Long /s(«(trf— Stock
1st mortgage, main e.xteusioa and G.
Branch..

Newtown

92
158
95
4
10
19
175

C

St

Flusliing

New York & Rockaway
Smithtown & Port Jcflerson
hyuiseille^ Cincinnati

cC

Lejcingtonr-Stock

Preferred jter cent stock
Bonds to SUito Kentucky (perpetual loan)
Louisville loan
Louisville, Cincinnati & Lexington, 1st mort

do

do

do

2d

«5
175
175

do

Loitimille <£• ATtw/iciKe— Stock
Ist mort^rage on main stem
Louisville loan
Lebanon bntnch, Louisville loan
Lebanon branch, Ist mortgage
do
extension, Louisville loan
Consolidated Ist mortgage tor $8,000,000
2<1

lirunswick

— Ist mort.. State cndors

2d mortgage

Madison

c6

— 1st mort., gold

$•2,400,001 common. In year 1875-G gross earnings
were »r41,:M<J; not, ta!6,8Si. (V. SO, p. 520; Y. »2,
p.
)
Krwx t£ Lincoln. Annual report, V. 2?, p. 304.

588

—

Like Erie tt Louisi'iUe.— Thin roadw.is a reorgani-n, and has bw;n tiiiancialiy cmbaiTa-Jscd. There
See V. 19, p. 36fl.
is a second mortgage of $5!)0.000.
Lake Shore tfe Mtcliignn ^m;A^;v*.— The annual report for 1875 was published in the CuaoNiOLE,
The
V. 23, p. 4*1, and balance sheet 44'.
following shows a samrajiryof the figures for each
zati

of the calendar years

named

18T5.

1,413,000

7

J.

3,MM(i,(X)(t

7
7
7
7

J.

D.IO.VKKI
3,39.^,000
1,19^<,0<XI

2,0H2,(K»O

924,000

earnings....

Total debt

July

300,000
2,850,000

7
7

it
it

40O.(KK)

7

it

lOO.OOO

8
8
8
3

&
*
*
*

O.

7

it

J.

7

itD.

7g.

it J.
•k O.

lOO.lKX)

840,000
010,000
443,000
500,000
4,.5OO,000

A.

10

1,500.000

M.

i.oik)

J.

1874.

6

T.

7'
7
3

8,988,301

1858

1,000

11.3,000

1856
1803
1803
1808

1,000
1,000
1.000
1,000

A J.
A J.
7
J. A J.
A. A O.
8
F. A A.
4
7
J. A J.
A. A O.
6
6
M. A N.
7
M. A N.
A. A O.
6
A. A O.
7
M. A N.
?«• J.
A D.
1^- F. A A.
M. A 8.
2>9
Q.-F.
J. A J.
7
7
J. A J.
Various
7
A. A O.
7
A. A O.
7
7 k. Ia. a O.

849,000
225,000
88,000
333,000
7,10!),000

£200
£200

3,.5OO,0OO
2.30!»,710

1,000

3,000,000
600.000
400,000
370,000
2,500,000
1,100.000

100

1867
1869

500 &c.
500

1.50,000

600.000

1.000

3,9;ia,(i97

5.993,7,'jU

5,1)1)7,910

50,0)0,000
88.036,000

50,01>M)0.I

88.378,421
The company's statement of earnrngs for 1 ist half
of 1875, on which the dividend wasdecl ired January.
1876, showed surplns over interest of $1,075,00-1. Tlic
2d general mortgage for $25,000,000 w.is created to
pay floating debt and bonds of 1882 with $12,00 1,000
(V. 19,
inri balance to be held for improvements.
p. 845; V.iiO, p. 16 85, 140, 451; V. SI ,p. 9,252,418.1
Lake Superior <e jl/i.s«^iy)/?i.— Formerly leased to
Northern radflc. Land grant. 1,6 2,000 acres. Foreclosure plan V. 22. p. 111. (V. 20, p. 86, 14.1, 38J; V.
21, p. .372, 570; V. 82, p. *«, .M5.)

i/iwrence.— Leased to Pittsburg. Fort Wayne &
Chicago at 40 per cent on gross earnings. Lease
translerrcd to Pennsylv.an!a Comp.siiy. Net earnings, 1875, »84,n7. Sinking fund has $10,OjO bonds.
CV^ 20. p. 4as.)
leacenworlh, Lawrence db (Jo^txsWn.— Defaulted
on interest Jnly, 1873. (V. 19, p. 39; V. 20, p. 1.0,
162, 26ti, 511; V. Jil, p. 137, 591.)
Lehigh <fc /,o<;it<;u>o«na.— Operated by Central of
New Jersey as a coal road.
Lehigh 7oi(«y.— This company's earnings arc
'The gross income
chiefly from anthracite coal.

of L.

I ,
1J5, !!»,

i

fund.
The company's rciwrt gives no
the construction scconnf, nor of the
cost or value of its miscellaneous investments. The

reserve

branch was cnmplclcd Jnne, 1-S75,
had been tpcnt on it to December,
comparative statement for thrt-e years

S8,49a,867

18?i-3.

Is73-I.

*.\W.fm

moved

and
1875is

as

I874-.'5.

3,-277.-27

$«.710.5iB $«,15«,-«il $V1lfi.495
Gross osniings
Operating expenses.. J,8S4,8«0 8,471,418 3,j«2.'i'l

Net eammgs

$a.8avJi)?i $-3,287,973

$ I,783.i»l

Capital stock

a.3,2Ji!.4t« 24..V)-..447 27.i 9-2.297

Funded debt

10,875,000 1B,8.»,000 2a,l2'J,000
1,837,613

Floatingdebt
* .\nthracite.

2(1, p. 311. 593; V. 22. p. 156.)
/.iWe J/iami.— This company leases the Colnmbus
& Xenia, and both are leased to Plttsbnrz. Cincinnati & St. Louis, '.narantecd by Penu. RH., lessees
assuming interest payment on bond-* and H per cent
Net earnings, If75, (L. M. & O. A X)
on stock.

(V.

ta'i1.fi99.

(V. 20. p.

427.)

Little Sockit Fort .V/ni(A.— Foreclosed Dec 10, 1874.
Rc-organizcd and stock issued for old bonds. The
ni'W mortgage is for rtmstmction to Fort Smith.
(V. 19. p. 5S.3. 617, 6.31: V. «>, n. 62; V. 21. p. 4 8.)
Litlie Rock. Pliu Bluff A Vftv Orlearu.—So\d in
foreclosure Dec. 16, IS73, for |85,O00. V. 21, p.

5i\

613.

Little Sch'jiylkUl. -Lea'<ed aid operated by Philadelphia A Reading. Dividends, 7 per c nt.
Loganeport, Crati^ordsvUU <f S.
qf lnd.—T>eThe UHal liabilliics. September
crec of sale made.
187.'S. reported at $4,097,000, of which «8J .000 were

W

receiver's certificates. (V. 21. p. 86, 312. 531, 698;
V. 21, p. 8 ri, 618; V. '«, p. fa.)
lA>-'0 Manrf.-Uross eaniimr*, 1874-S, $S2«,?89;
In Januiry, Ii-7a a sile of stock was
net, $21 ',.')(l».
made to Mr. Ponpenhuse •, and this 10 d h«< since
t cnlml. and the So.
leasci the Flashing No Shore

A

Boston.

July

1.

1895

Union Trust Co.
PUUadelphia Office.
do
N. Y., Jones A 8<^huyler.
Company's Office.
N.Y., St. Nicholas N.Bk.
do
do
do
do
do
do

April, Ifloa
Jan.. 187(r.
Oct., 187T

Louisville.

July. 1873

K. Y.,

Am:.. 1000-

1873
180O
May. 1003

.Inly.

April. lOOlS<-pt.. 1901
June. 188a

Bank of America.
do

do

Jan!,'

1881

Jan.,

1897

April 1900

N. Y., i. B. Alexander.

.

IxmUviUe.
/ ng. 1, 1873
N. Y^., l>i«xel, M. A Co. Jan. 1. 1873-'8.
do
1866 to 1387
do
do
do
1888
.

Louisville.

do
N. Y., Drexcl, M.

A Co.

Mot., 1880-'8flk.
Ort. 15, 1883.
April, 1896
Nov. 1, 18H3
Dec. 1901
A UK. 1903
Mcta. 1, 180O-

.

London, Barina Bros.
do
do

New

•.

Y'ork.

May. 1876i887
1879
1S87 to 1900*
1S89
1879
Oct.. 1890

Philadelphia.

N.Y.,M.K. Jesup.P.ACo.

do

do

N.Y., M.K.Jcsup.P.&Co.

do

do

New
and

all .:1a

York.

operated together.

(V.

H,

p..

873 417.1

LouitvUU, ClA. <t £«r.— There are al-u> $'«,0'6 oU
h'ds The co.-npaay, after paying dlviut n t> oa pf«f.
stick for some years. defanUed on interoM 1813-.4.
Receiver took possewion \n Seplcm'K'r. t874. bee^

details of

Amboy

J.

6
6

I

Jan.. 1892
Juno 10, 1878
May, 1883
1894

Y., Kiuik of America.
CiuciuuatJ.

41a

881,000

1^02
1807

O. N. Y.,

M.AN.
M. A N.
A. A O.
M. A S.

7

7

.May, 1H90>

Fhiliulelphia Office.

N

J.

7
A.
O.
8g. <i.-F.

100

•Coal (tons)

A
A
A
A

723,50((
1, .500,000
3,300,00<l

2.50,000

18M.

1889
190S
187«
Anc. 189&
July, 18»»

f.'Inclnnatl.

A.

600,000

1,

Jan.,
Oct..
AiirU,

do

WInslow, I..AC0.
Farm. L A T. Co.
Ronton onice.

J.

J.

1,000
1,000
1,000

foHows:

A

Q.-M

M. A N.
Various

net
all sources, in 1874-5, was 7,3 8,067;
$1,055,205.
After interest and dividends, there
from
wa-! a deficit in 1874-5 of $93,055. taken

A

A
A
A

3"9

2,023,483
851,000
74,519
100,000
3,000,000

I,

July 15. 1878
D. Ree.atofllce, op.U'kN.A
June. 1898
8.
IMdladclpbiu Office.
Brpt., 1910
D.
do
do
lH98AieS3

7

1,500,000
150,000

June

Pblla.

it

do

1.
1,

PlilUdelpbia Office.

7.5O.00O

500
500
500
50
100

Union Tnut Co.
do
do

Y.,

N.

2,040,100

.500

N

M. Y., Boatoo

Pittslinrg OIHce.

50
100 &0.
50

sse-

J.
J.
J.
J.

1,000

from

187:1.

5'I.0030!X)
37.774.' 00

M.
J.
J.

2
6
"i'

8«PC.
April

Feb..

««

1,900,000

18
18
11
Jan. 1, 18
July, 18
July. 14
July, 18
Oct.l. 18
Jan. 1, 189T

H.

O.

Q.—J.

6
7

525,(KK)
5,000,(KX)

1.

A'lrtl 1,

do

1,797.000

1875
1870

&
A

1,
I,

July

F.
A. N. Y.,
J. <b J. N. Y.,

2Js

0,000,000

1,500,000

O.

8

11,12;»,000
4,(iOS,0(K)

it

Q.-J.

2>fl

27,0!t2,297
5.(HK),000

500 Ac.

Aug.

J. it J.

50

1871
1872
1870

Jan.

Vif»

18"

J. it J.

1,000
1,000

1851
1807
1870

J.

May,

Nov/l,

7

1853
1804

....

Oct.

7
7

8411,000
200,(X)0

7

1870
1873
1871
1871

O.
N.
N.
A.

1,.595.000

3(K>,(>00

1857
1870

A
it
A

laoo-

IMSt
1883

Oct. 1. 18
April 1, 18

**

....

6t
it

1,
1,
1,

A. it O.
A. it O.

7
10
10

1.000
1,000
1,000
1,000

.M.

I*c-c
0<-t.

F.
J.

45O.000

1868
1870
1873
1872

M.

1878
180U

1.
1,
t,

July

&D.
A O.

im

1.

7
7

344.000
5,000,000
720,000
160,000

50

J.

it

7

50

*

AprtV,'i8M
Feb.
Feb.
July

do

,000,(K)0
1,(K)0,000
1 ,442,(KJO
1

1,000
1,000
1,000

"

York.

UulouTnutCo.

do

<l-J.
A.
A.

7
7
7

6.250,000

1004

do

New
N. Y.,

*

:

Miles
1,175
1,175
1,175
Gross earnings.. $14,431,198 $n,14«,13J $19,411.5 U
1.3,745,^9-)
Il,l.W,3ri
Operat'g eip^es. 10.5i;,.5no

Stock

* O.

F. St A.
F.
A.

1865
1869
1870
1872

1870

Keokuk A Des ifolnejf.— Formerly East. Div. of Dc8
Moinee Valley. The stock is $1,521,000 prcf. and

A.

2

5

Olvldaad.

do

O.

533,.500

I'ooo
1.000
.500*0.
500 Ac.

197 >« 1869

Porlga;ie

"i'

O.

1,092,000

1,000
1,000
19-12 67-'70 500 Ac.

tC-

—

392
83
185
20
77
77

<£•

Net

605
185

1.30

Lukens Valley— Stock.
Macon AuyUHta — Ist mortgsi-ge
2d mort., endorsed by Georgia Rciilroad
<£

A
&

4!).IOO,.500

2,000,000

Memphis & OWo, 1st mort., sterling, guar
Memphis & Clarksvllle br., 1st mort., sterling
LouiscUlc, I'ailucuh
S. IF.— 1st mort

£<iuipmcnt bonds

New York omoc

A.
A.

100
100

mortgage, bonds, gold

Macon

Whom.

7
8

1803
1869
1869
18?2

202

LUUt Rock it Fori Sm ((/i— New stock
LiUle Rock, Pine Jlluffdi \.
Little Schuylkill— Stvo)i

I

Payable

i',6oo

—

15

Delano Land Company bonds, endorsed

JjitUe J/trt«ii— Stock,

I

CeuIt.

1870
1,000
1870
1,000
1873
I .(KK>
1872
1.000
1809
1,000
1855
1,000
1857
1,000
18SU
1,000
1850
1,000
1807
1,000
1880 500 &c.
1855
1,000
1800
l.OOO
1802
1,(K)0
I860
1,000
1868 500 Jtc.
1809
....
1807
1807
....
1808

22

mortgage

Ltaven., Lau:.

....

ct. giu>r.

mortgage
2dmortgiigo
1

1872

.'jO

1181

2d mort.i?axc, do.

lucouic boiidH

may arror dUeovercd la (hc*« Tahlaa.
FNTKREST OK I>IV1I>END8.
l>al, WkMiOa»
Ritto.per
When Wlme Parsbto,
by ttniAt I art

notlea uf

2,311.^,000

Ouaiautcoil 10 per WAil stock
Cousol. l8t luort., («iak.

ImmeaUte

kItIok

zn

I

his report to December, I>r5. Id V. 42. |>. 81. (V. J»,.
V. M, p. 181,.
; v. 80, p. Hi, 80S; V. 21, p. 977, tj:
;

P..351

8M.)
LouUvUle, Kew AOku^ <t «. Lotit Air-UM.—
This road is proj<<:led from Lonisviile t St. l.oaIf,
and has 28 mil s bnilt. To be aoll ii forcc'osut*.
•

(V. ao. p. I«,

357.

4.58:

V. 21. p.

M:

\

.

«. p

.'•18.)

IjoaimilU .C yathrUh. Annual rip.,:! tor y«ar
ending June 81 1875. In V. SI. p. SOtf. '.ir.TM eaniingn of main stem and hmnches. »<.:»«.a5<. net,
$1.5I'>.89-'. Oencral re-nll of o|ieratinl wholesTMon
and l-ased lines was a deficit n( $.3l,7>«.afteri>ayin9
Net eamlnjrt. July lo
interest and all cbarge*.

December,
Nashville

Sonth

A

1875,

moch

better,

hrinz 11.048,751.

A Decatnr It leafed, and lUhliitiea for tha
AUbama
1*7

North

16: V. «i. p.

)

are assamid.

C\'.

M,

p.

_

Louycide. Fad'icah di 8. IT.— Formerlr BUatbclhtown A Psdncah, to which Lonlsville dlyIn September. 1874. Intrreat
loaned $2,000,(00.
was not paid. Sale in foreclosure nollced for Jnlr
27.
(V. M. p 857, 405; V. «1, p. SM, SS5. 489; V. ».
>.
p 487 )
Latent ro&y.— Leased lo Summit Brincb Railroad at $83,900 per annnmilaenn <C ytaywto.— Leased and operated by tb»
Georcia Railroad, which guamntccs all the bondr
except $100,000 of first mortgage. Gross rarnlngf,
(V. 8'. p. IS7.i
IS75-<i. »1(8.()K); net. Sl'.S-M.
Macon <* Branmridt.— This road biing In default,
was siild Junes. 1875. and honeht t»r the Stare;

'

offered again for sale or lease January, 18 6. The
Georgia LcglsUture declared f randulent $sOn,n0O ot..>
the cndoraed Ismds Issued in 18:0. (V. W. p. 4Qft.
50 5411. % 0. 'M. SIS; V. 88. p. 3 Of advert i»<nicnta.>
jitadUOH <t Parlgage.—Contaii^ted as Chicaio
Sooerior. No bonda could b* negotiated aftw the "Potter law." (V. *i,p. 15.
.

A

..

.

RAILEOAD STOCKS AND BONUS

zzu
Sab*crlbor«

confer a sreat faror by siTlns immediate notice of any err.ir dlscorered iu theae Tables.

irlll

DESCRIPTION.

33
357
K.

<fc.

KR

it

do

"38

¥2

'&c.

100

100
100

1863
1865

consolidated mortjfaKe...

& Kennebec,

Somerset

100

1870
1868
1871
1861

19

Kounebee, stoek
let mort., extended
do

do

do.-

1872
1860-1

£zteusl(>ii liDuils, 1870, sold
MaUie Central loan for .$1,100,000
I<ee(Is & Fanr.inKtiin Railroad loan
Androscoj^ffin Itailioad, Bath City loan

Portland

$100

397,

interest Bortp.

^Ist mort>;a'.;«\ coiisolUlutea.
Bonds (,'iil,U)0.lKK) loiui) A.
'

of

Belfast & Moosehead, Ist mortgage
MaiicAc^ter i£ Lawrence Stock
Uansrteltl, Colli iralcr iC- L. JT.— Ist mortgage
ManifieM <t Framinah(ii)i—liit mortgage
MarielUi, I'UUb. rf- Clmeland—lat M., $14,000
~l£arUlta it Cineinnali—Stock, common
Stock, 1st preferred

1870

33
26
90
22
100
27«

—

p.m

500 &c
100

1871
1869
1870

50
50
50

do
do "Jd
^Bt mortgage, dollar
T.st niorfgage, sterling

aV mortgage

*
3d niort ;^ago
4tlimoi-tg.ii;e for $1,000,000
& Hocking Valley RR.,

JBalt. Sliort Line, .stock, 8 p. e.

guar by M. C
by M. & C

2d mortgage

Memphis

<« Charleston— stoek
Tennesso loan
Ist mortgage, convertible
2d mortgage
Consolidated mortgage
Income bonds
Memphis it Little lioek— 1st mort., 1. gr
2d mortgage
Michigan Central stock
Ist mortgage, convertible, sinking fund
1st mortgage, convertible
Consolida ted mortgage (for $10,000,000)
iMicliigan Central (Air Line mortgage)

Wicliigan Air Line 1st mort., assumed by M. C. .

509
284
284
284
103

1872
1869

100
1872
1872
1865
1868
1870
1871
1869
1869
1870
1872

116
116
230
57
57
126
125
140
32
35
100

(

^TPcnnessee State loan
Kansas it Texas stock
.'.
Preferred stock (for $7,000,000)
•Istui.. gold, sink, tund.on road and land (U.P.S.Br)
let mortgage, gold (Tebo. & Neosho)
^Consolidated mortgage, gold, on road and land.
•Hannibal & Central Missouri, 1st mortgage

—

8.

50 Ac.
1.000

50
1,000
1,000

100

1868
1,600
100 1870
1,000
786 1871-3 1,000
70 1870
1,000
70
161 1869
1,660
161 1870 500 &c.
iS'i

2d mortgage
gr.

1,600

786

.

1.

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

1868
1870
1856
1866

.1

d Oulf—lst m.

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

1874
1870
1870
1866
1869

f

do

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

1873
1873
1860

94
94

I

do

1872
1871
1872
1873

10

1st mort.,

3d mortgage, coupon, may be

1,000

iii

"39
39

guar
do
do
2d mort., guar
Qrand Kirer Valley, Ist mort., guar
do
do
2d mort., guar
do
do
stock, guar
Detroit <t Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)
Jlackson, L.ansing <& Saginaw 1st mort
I s^-c
do
2d mort., conv. 0,7*
do
1st mort. (N. of Win.), conv.
3 ySi
do Cons. ni. on whole line (300m.) J S 3 g
mehigan Lake Shore — Ist mortgage
Midland i'aci^e— 1st mortgage, gold
Milwaitkre <£ Northern — Ist mortgage
MUuMinkee, Lake Shore i£ West^^rn — Ist m., gold
-Mine Hill it Schni/lkiU Haven— stock
Mineral Point iri*.)— Ist mortgage
<JKesi3sii)pi, Ouachita it lied River— 1st m., gold
Missistiinpi it Tenneaaee — 1st mortgage
Oons4 idatcd bonds
^

Jftmoiirt R., Fort Scott

1869

25

291

—

-^IRgsinifi,

100

.

30
"56
44
94
109
54
54
291

TMnclnnatiiSi Baltimore RR., stock
^arfuette, U. <£ O— 1st mort., I'd gr. M. & O., c
Istmort., I'd gr., II. & O., coup
tad mort., land grant, M., H. <& 0., eoup
do
do
do
3d mort.,
ilarylaiul rf De/«i««r«— lat mortgage

Equipment bonds
Kalamazoo rt South Haven,

490,500
756,800
033,000
425,000
741,400
217,300
1,166,700
l.")0,000

1,000,000
1,600,000
I,.')

00,000

f

registered

8,130,719
4,460,368
2,450,000

7

1,0.)0,000

7g-

2,500,000

7
8

"Of this

^

65.

n-duction in our gross receipts the past
.year, tT7,3a 56 was occajioned by the moditic ition
01 former contracts, for the purpose of producmg
'uaiforra and harmi>nio:is action between the Eastern
and Boston A Maine roads, which will result, as we
trast, to the benellt and in the general convenience
«r oar patrcms who have occasion to Jo business
over the railroads wcjt of Portland. The balance
of tae diminution in our gross receipts, ^230 BSl B'2
mast be attrlhmed to the general depiession of the
ousiness of tlic country, and 'reduction of tarifl bv
fecial rates.'" (Vol. •», p. 313, 356; V. i2,p
--00 0»)

MancfiMter

<ft

«a« Concord

Z>iwr«a<M.— Formerly operated with
Net earnings

Railroad as one line.
1875-6, $100,686. JfC: 22, p. 588.)

3

ilangjklil.

^aatees.

Manrjirld

^Uaton &
lagi.
.

Cold water

<f

L.

^

^.—Leased by Penn.

for net earnings. In hands of
(V.aa, p. 420; V. 2i, p. 4i)
it

tfttrletta.

1»l-r4were

$40,717.

ilarittta <t

»

made Jime,

Pittsburgh

Quails August,

mortgage

F}amingham.—\.QaaeA to Boston,
percent of gross eam-

Fit -hbtig, at

Consolidation

1815. (V. iO, p. UIS.)

Cleveland.— ^et earnini»3
Defaulted and in receiver's
it

\i',h.

Clnttnnati.—GTnsg eamitgs for the
»«irl8,5weretl,fi8J,015; expenses, $1 390,5'JO; net

&
A
&
&
&
&
&
&
&
&
&
&
&
&
&

s.

1,12.5,000
7.JO,000

4

069,050

4

1,910,000
2,000,000

8
8
8

7

840,000
706,000
850,000
150,000
5,312,725
1,671,913
1,293,000
1,000,000
605,000
401,000
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
1,906,000
1,317,000
158,000

10
6
6

"a
7
7
7
10

J.

810,0001,958,000
880,000
1,100,000
2,134,000
3,000,000
3,969,600
3'20,000

500,000
600,000
1,254,500
409,444
21,405,000

&

Little

2,856,000
349,000
14,758,000
768,000
250,000
5,000,000
1,947,000

V.

21, p. 15;

.

g.

N. Y., WinsIow.L.

3>, p. 471.)

.

p. 41.)

8cpt.','i866
Sept., 1866

A. Bait, R. Garret
A.
London.
N. Bait., R. Garret
J.

N.
J.
J. Bait.,

SAor«.— Defaulted

receiver's hands. (V.

18, p. 218, 601;

1873.

V.

81,

do
do
do
do

& Sons.

Aug.
Aug.

do
do
do
do

N.
D. N. Y., Company's

July

May

l,'"l896

1900
May, 1876
June 1, 1892
July 1, 1891
Aug. 1, 1892
Sept. 1 1903
Nov. 1, 1885
Dec. 1, 1889
Jan.,

office,

S.

do
do
do

do
do
do
N. Boat., Bk. otConnnerce.
D.
do
do
J. N.Y.,

3d National Bank.

J.

A.

1891
1891
1896
1890

1,
1,
1,
1,

& Sons, May

Mcrch. Nat. Bank
do
do

A

A

.1.

,

Jan., 1899

J,

New

D,

Y'ork, Inquire

June, 1903

Midland PfWift;.— This was one of the roads represented by Messrs. Turner Bros, in New York, of
which Benj. E. Smith was president. Default in interest was made in February and August, 1875.
M'wa'/kee <fc Northern.— Th\s road defaulted on
December, 1874. Circular to bondholders, V
It Is leased to Wisconsin Central, and
20, p. 61.5.
(V.
there is aaid to bo prospect of resumption.
interest

28, p. 881.)

VUwauleee, Lalce Shore <8 Western.— ^o\i in foreclosure for $2,509,788, Dec. in, 1875. Interest paid on
first mortg^ige June, 1876.
(V. 21, p. '^7, 591.)

Mine Hill it Schnyl.UU Haven..— heised to PhiUdelphia
Reading, May 1861, for 999 years; S per
cent dividends on stock.

A

Mineral Point.— Total receipts 18 S, $128,121; expenses and interest, $130,0.4; cost of road, Ac,
$1,800,000.

Mississippi, Ouach'i'a it Red Bij'er.— Land grant
0110 acres.
Sold in foreclosure, Dec. 16, 1875,
0(X).
(V. 2 I, p. 405; V. 81, p. 53i, bl3.)

257

for $33

msslssippl it
earnings 1871-.5,

and in
p. 110.)

Tennessee —Stock,
V. 22, p.

$ill,:i32.

$885,400.

Net

181.

Missouri, Kansas it Tfxas.-Thc latest plan of
settlement with bondholders was given in the
Chuonicle. V 22,1) ''05. Receiver was appointed,
December. 1874. Land grant is altout 4,565,1 12 acres.
Annual report for 1875 in the Chronicle, V. 28, p.
542
(V. 19, p. '19: V. !M, 16. 141. 501; V. 21. p. 87,
186, -207. i51.;39S: V. 22, p. 111. 158,M5. 363, 446, 447,
47/,

49S

121,

542,

520.)

it Oulf. —The stock is
Interest pa'sed Oct., l--7i<, on 8d. and
Jan., '74, on 1st m'tga. Net income of 1875. $241,616.
'V. 20, p. 403;V. 81, p. 15; V. 23, p. 470, 495.

Missouri River, Fort Scott

$5,950,000.
LoTce.

&Co.

S.
S.

>

Michifjan On/ro/.— The annual report to May 31,
(V. 21, p. 109.) showed gross earnings on
line and branches of $7,102,281, and net earnings, $2,0.14,188, or $76 250 loss than previous year.
'I he floating d
bt June 1. 1875, was $770,015, against
$1,056,153 on the Ist of Juno, 1874. The J., T A S.
debt is assumed by Michigan Central, which also
pays $70,001 per year on the stock, one-third of
which it owns. Semi-annual report to Dec. 1, 187.5,
in V. 88, p. 41, showing net income of
S185.102
above interest charges, Ac. Interest was passe I on
the Detroit A Bay City bonds, not guaranteed, Nov.,
1875.
(V. 19, p. 148; V. 80, p. 101; V. 81, p. 15; V.

Mchigan

Boston, Bost. Nat.Hank.

1904-1906
Various
Company'^- Oiflce,
M. A N.
May, 1890
7 Nassau street.
I'- M. A N.
I.'i899
10
Jan.
J. A J. N. Y., Farm. L. A T. Co.
10
April 15. 1890
A. A O.
Boston, Co.'ft office.

I'7.5,

2-',

<fe

J.

7

Rock.— Decree of foreclosure
V.

do

6

A

20, p. 336, 015;

do
B'k Com'rce.
do
Belfast and Boston.
Manchester and Boston.
Boat., Nat.

I

Memphis dt Charlei-ton-This road was leased to
the Southern Railway Security Co.. bat 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 & Charleston,
with a new board of directors. So recent report has
been obtainable. (V. 19, p. 424.)
Memphis

Portland, Mc.

& N. N.Y., R.T.Wilson A Co. May 1, 1880
do
Jan. 1,1885
do
& J.
Jan. 1,'1913
do
do
& J.
1873 to '78
do
do
M. & S.
May 1, 1890
M. & N, N. Y., Swcnaon, P. A Co
8
Jan.Vi873
"'is.
& J. New York and Boston
Oct. 1, 1882
& O.
Boston Otfice.
8
Oct.
1, 1882
&
do
8
o,
& N. N. Y'., Farm. L. A T. Co. May 1,1902
7
Jan.
1, 1890
do
do
8
& J.
1890
& N.
do
do
8
April
do
1, 1883
& O.
do
8
Nov. 1, 1890
& N.
do
do
8
1890
Nov.
1,
do
do
8
A N.
July 1, 1886
do
do
& J.
8
1879
July
1,
do
do
& 8.
8
2I2
Jan., 1876
& J.
do
do
do
May 1,1902
& N,
do
1902
& N. New York and Boston.
& J N. Y., Farnt. L. A T. Co. July 1, 1885
Mareli 1,1878
do
do
& S,
May 1, 1890
do
do
& N.
Sept. 1, 1891
do
do
A S.
1839
& J. N.Y.,Win8!ow, L. A Co.
Aug., 1899
& A. N. Y., Turner Broa.
& D, N.Y., Morcb. E.xc. N.Bk. Dec, 1901
& D. N. Y., S. a. Sands A Co. June 1, 1902
7g.
& J. Philadelphia, P.A R. Co. Jan., 1876
31a
10
& J, Detroit, 1st Nat. Bank. Jan. 1, moo
1890
& J.
?«•
April 1. 1876
Memphis, Office,
& O.
Sept. l,'81to'93
do
8
A J

Deldwire.—ThlaWne was leased by
the New Jersey Southern, to fo.m part of the
through route.
Latelv. decree of foreclosure was
made. (V. *), p. 242; V. 23 p. 567.)

madj. (V.

Portland.
Bost., Nat. B'kCom'ro*.

M.

Marquette, Houghton <* Ontonagon.— This is aconsolidatlon of Marquette A Ontonagon and Houghton & Ontonagon. Lands amount to 48.),0ill acres
chiefly timber and m'neral. Stock, t;J,306,600.

Maryland

do
do

J.
J.

main

XTompany

&

3's.

Maine Centml.— The Mame Central leases ?cvera! earnings, $371, 4ai, against $523,150 net earnings in
The report of the year's operations, 1874. This road forma a part of the through route,
December 31. 1875, had the following: and is
in close connection with tne Balti"The total eamlajs for the year 18?3 have been more &operated
Ohio Railroad, which has made large ad»1,78«,0:b 47; operating expenses, Jl, 147,066 82; vances for recent
construction on the "Short Line."
earnings,
**
JiiW.OlN) 83- sufficient to pay all opcr- Annual report
V. 2J, p. 208.

m net receipts of 8l"3,.38a

do
do

1, 408,9 rj

•eading

«nd

1, 1912
1890 to 1891
Oct., 1900
July, 1898
.fuly, 1901
Jnlv, 1891
July 15, 1875
April 1, 1883
Oct. 1, 1895
Juno 15,1876
May 15, 1890
May 1, 1876
Oct., 1911
July 1, 1889
Aug. 1, 1895

April

Host., Nat. B'k Com'rcc.
Host., N. Bk. Commerce

K.

"roads.

»tlnE e-ipeuses. interest, coupons and rents, and
leave a small b llance. In 18T4 the total receipts
were $2.U91.('80 .5.i. and operating expenses tl.;8l.831 S5. Net, *8l2,39.t 30. Showing a diminution
Wu9 year, as compared with last, in gross receipts,
»j08,0O1 OS; in oiwratin? expenses of $134,bl4 43;

Stocks— lioat
Dividend.

Poitland.

&
&
««• A. li
J. &
6
J. &
6
J. &
3
J. &
6
A, &
6
A. &
6
J. &
M. &
V- M. &
7
A. &
7
J. &
7g. F. &
A.

6

2,001,000
300,000

l8t mort.,guar.

do

6

1.680,500
1,100,000

3,00l),000

1st mortgage

Scioto

do

$3,«'2O,120
4!)«,8»2

300,(K)0

1,000

pal,

Amount

Rate i>cr When Where Payable, and by
Outstanding
Cent
Payable
Whom.
'

200,000

'2d iuortRU(.'o

J{oik/»—Princiwhen due,

INTEREST OR DIVIDENDS.

or

Size,

Par
Road Bonds Value
of

Idatne Central— Sttte.k

Maine Con tt-;il

Date

Miles

for explanation of Golnmti headings, Ac, see notes
at tlie (•ejul of first piise ot tables.
h

[June 24, 1876

...

)

.
.

RAILROAD STOCKS AND BONDS.

J> ne 24, 187<}.]

BiilncrH>er« will confer a great OiTor
For ezplaDatloii

nEscKiPTiosr.
of column licadlnK8<

at the liead of

first

pngo

Ao., 9e6 notee
of tables.

.

Road. Rondo

SS
85

<e

l*lain bon<lH

—

1,000

300,000
33,500
3,022,517
5,320,600

Ist mortgage, not endorsed
MonticcUo
Port Jervis Ist mortgage
Morris rf Ksscx stock
Ist mortgage, sinking fund

—

:

Consol. mort. (for $25,000,000) guar. D. L.
Special mortgage to I). I,. &

W

2d mortgage
Nashua <« ioice/^—Stock
Bonds for freight depot

1871
1871

1874

7(M»,020
1,66H,0<K>

100 Ac.

53,000
1,453,858

1,000

1,800,000

1,000

1,040,000

.

1,(K)0

330,(KM)

1,000

.')0«,0<>0

50
250
500 Ac

1864
1866
varl'us

34

&W

137

1871
1871
1875

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

N

132
132

25
1871
1873
1870
1867

JVau^«<Kc/f—Stock
Ist mortg.age, coupon ($52,000 convevtlble)
Newark, Somerset <t Straitstt., O.— 1st mortgage.
Newcastle <t Beaver Valley— Stoeii
New Haven <£ Derbxi—lat mortgage
Neio Uaeen <£• Northamp. (coual KR.)—Stock
Mortgage bonds, coupon

"57

600
100

1873

ioo
l'856

"42 1860 500 Ae.
15
50
13 08&70 500 Ac.
10«)
100
76 1860
1,000

.

.

Bonds convertible, tax fi'ee, coupon
Holyokc & Wostflcld KB
N. J. Miilland— 1st mort., g'ld, guar, by N.Y.& O.
2d mortgage, currency
Netc Jersey
New York— 1st mort. (for $l,500,000i

16
80
80
37
78

.

<£•

«ou(/«r»4— Ist mortgage
l8t mortgage (Toms' Ki ver br.)
J.

1,000
1,000

1870
1870
1871
1873
1869

71a

2d mortgage bonds
Consolidated mortgage, for $7,000,000
New Jersey West I^ine—lst mortgage, gold
New London Northern— SUxik

327
ido
100
100
140
566

1st mortgage bonds

2d mortgage
N. O., Mob. d re*.— 1st mortgage (Mob. to N. O.)
Ifew Orleans, St. Louisa Cftw!.— Consolld. stock
New consolidated mortg.age (for $25,000,000)
Consolidated 1st mort., gold (N. O., J. & O. N.).
Ist mortgage,
do
do
2d mortgage,
do
do
Consolidated mortgage (Mississippi Central)
1st mortgage,
do
2d mortgage,
do
_
Tennessee State Loan
do

. .

206
206
206
237
237
237

.

. .

. .

Boston

<*

350

tC

Bonds

for debt s assumed
B. & N. F. stockholders

do

xa.OOO.OOO

5

tered.

1871
1873
1870

SaO,

916,000
2,120.000
120,000

1,600

5,300.000

"ioo

3,000.(KK)
1,500.0(K)
3(K),000

1,000

1873
1856
1860
1873

15s 3W,

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

3,599,000
2,941,000

(V.

Company for

thirty years.
Lowell.— tint earnings in 1874-5, $56,404.

(V. 21, p. 590.)

Naugatiick.—

lXet earnings 1874-5, $222,.32J.

(V.

ai,p. Hii.)
Newark, Smierset <* StraitsvUU— leafed to San-

dusky. Miinsficld
more & Ohio.

A Newark.

New Bedford.— This

road

Guaranteed uy
is

Balti-

leased and opciated
for 8 percent

by the Boston, Clinton * ''itchbnrg
on stock and inter«et on debt.

8

7

1854

1,000
1,000
1,000

1871
1873
1873

1,600
1,000 1
1,0005

6,250,000
4,000,000
89,428,300
5,936,626
1,514,000
76,000
592,000
166,000
88,000

2(1.

New

1,894,000
1,950,000

24,600,000

<t

)

488;
V. S2

SI4-1,

V. 21, p. 39, 54, 86, »3fl, 318, S9S,
p. 87. 1.V, 5^2.)

m.\

(V. 19,

V.

M»r<A«-n.— Operated under lease till
for l.".0,000 a year. In$1&1,9'.5; disbursements,

1891 by Vermont Ontral
come of Co.. in 1871-5,

$143,973. (V. 21, p. ,5911 )_
JVmvw.—The Western
Neio Orleans, Mobile
vision of this road was sold Nov. 18. 1874. Interest
The IruKlecs' cirou ar for rein default since 1872.
organization of Western Division is given in V. SI,
(V. 21, p. 211, 5ai; V. 43. p. 2<3, 85J, S-'S.)
p. 231.
New Orleans, S.XokIs C/Ucajo.— Gross earning*

*

*

I

j

the panic of

Jersey West Line.— In foreclosure.
2.1, p. 883; V. 2J, p 85 '. 400 >

Office.

do

Office,

do
do
do

do
do
do

Apr. iVi87»
1881 and 01
JiUy 1. 1013^
July 1, 1000.
Oct.. 188r
2. 187«

Nov.

1893
1876
1878

Fib..

July.

Nov.

188»

1,

Apr., 187B
1898 to 1900%
Oct., 187i

1809

1801
1805
1881
March 1, 1803Nov. 1. 188I>
1881
April

May

1003-.

1,

1, lOOfkI/ondon, Office,
Apr.. 1. 187ft .
O. N.Y.,B'k of N. America
Bent.. I88» .
D.
do
do
July, 1802 •
J New York, Co.'s Office. Jan. 1, 191S .

New

J
J.

N.
N.
A.

N. Y.. 80. RR. Ass'n.
N. Y., J. B. Alexander.

do

do
RR. AM'n.

do
do

Jan. 1,1813

July
Oct.

1,
1,

1880
1860

.

May 1,1912

N. Y., 80,
N. Y., J. L. King.

.1.

A

A
A
A

Nov.

do
do

'74. '79 'S*-

1886
1886
1884
Ang. 1,187*

D. N. Y.. Omnd Cen. Depot.
O. N. Y., Union Trust Co.

DU

do

J.
J.

do

June, lea's
April.

Jan.
Jan.

London.

1891

1,
1.

leoft

1008

year ending Jane 30. 1875, IM8I.S2C; net, >l,363.Mft.
See annualrcport, V. S2, p. 150. Opentcd
a coiHncclln; line with 111. Cent.
III. Ceniral bars Ob
*2W.'iO0 per year of con»ol. mortgage bfinds of I87C
The Miss. rent. Ist mort. bonds, due N<iv.. 1rt74. M-et^
not all paid, and Nov. I. 1875. and ,Tan.. 187R, ih
was some delay In pavme t of Interest. Flo..itl
debt June .30, UTS, $t,"9-».0-7. Receiver appointi
int^
March. 1878. (V. VI, p. 15. «13; V. *!, p. M, 111,

15«,

Liiimlion fj progin default »ince October, 187.1.
Planof re-organi/,ation, V. 81, p. 4'i". (V. Si,
ress.
p. 313, 488; V. SI. p. 4()«, 4SS; V. 22, p.
Ijonijon

:

1

Nf w Jersey Southern. —This was a csnsolidntion of
several roads. Net earnings. 1875, * 109,276. Interest

New

I

£00.

New Kort.— This was

plans of rc-orgaiMzation are proposed. (V. 90, p.
258, 313, 358,
44i, 466, 489;

lOOQ
1880
Oct. 1001
June 1, 1019.

Jan..

do

N. Y., Co.'a

isoo-

Jan.2. ISTB^
1014
1891

»

I

p. 488.)
,/er» y Jfid/a/Kj.-Dcfanltcd after

N. Y., Co.'«

Marcb 1, I88ar
June 1, 1000 •

Apr. '80 to -eat

New York and London

O.
N.

O.

A.

operating exiWDses, $MI,350; net
(V. 21, p.

do
do

8.

A.

J.
J.

1873-1, $243.^2.

;

New

N.
O.

J.
J.

J.

7
7
6k.

and fnnded coupons. The company, having
exhausted its capital and crt-dit in construction,
leased to the New York Midland for 7 per cent on
its cost
it had at the time a Hontingdelit of altout
$400,000. After the panic of 1873 the road came
back without sufllcicnt rnlling ft ck and without
means to pay intcreiit. The bondholders fnnded
Several
coupons, but default was again made.

p. 640;

B.

1 877-18 __
Jan. 1, 19Mt

A A New York Co.'s Office. May 1,1889
H. A N London. Baring Bros.
May 1. 1004
Q.-J. N.Y., Or. Central Depot. July 17. 1876^
M. A N N. Y. Union Trust Co.
May 1, 1883
F. A A
do
do
Aug. 1,1876;
M. A N
do
do
May 1, 1883
M. A N
do
do
May 1.1 883
M. A N.
do
do
May 1.1883
do
F. A A
do
Aug. 1, 187ai
J. A D.
do
do
Doe. 15. 188T

6
7

2,900,IKX)

1873

I

A.
A.

l,I88Si

De<<.

Nov. 1. 188S.f
1H76 and 'SSi
1883
leoi

F.

%''
6
7
6
6
6
7

a consolidation of the Hackensack & N. York and Ilackcnsack
Extension, and further hndt to Haverstraw. The
old bonds are about $100,000, T p. c, dnc May, 1890.

—

MonliceUo it Fort Jerci*.— Defaulted in 1873. Sold
July 7, 1875. (V. 19, p. 3;», 143, 5a); V. SO, p. 35«,
383; V. 21, p. 39, 592.)
Morris « £i>Ma;.— Leased in perpetuity to the
The lessees
Delawar,;, Lackawanna * Western.
assmn all liabilities and pay 7 per cent on ptock,
and 8 after 1874. if thev then earn 10 net on Morris
AEsBcxroad. (V. 20, p." 85, 477, 4s 8; V.C2, p. 309.)
Naahv.Ue, Chattanooga * St. Louis.—Qmta earnings of 1874-5. *l,fl O.to; expenses, $1.151.!i.M; net
earnings, };.',28,871. In six months ending Dec. .31,
1873. net earnings were $3)!, 120. (V. 21, p. 370;
V. 22, p. 109, 181. 30-, 4';0, 4'i7.)
N'isnvUle <ft Decatur, leased May 4, 1*71, to Lou-

*

8

New Haven.

J.

O.

A
A
A
M. A
M. A
F. A
J. A

I'-

1,!>00,000
3,723,5(X)

1869
1,000
1874 £100Ac
100
18.5'3
500 Ac.
1856
1,000
1854 100 Ac.
1853
1,000

earnings, $195,91.3.

4:7,

p. 489.)

Nashua

309,500
4,000,*)0<)

—
A

A
F. A
"P- F. A
?«• M. A
H. A
6
A. A
7
H. A
7
A. A
7r. M. A
2
6
A. A
7
J. A
or? g. J. A

997,000
1,997,000
1,279,000
5,000,000

Neto Jersey

Nashville

A.

L.'iOO.OOO

A
A

12,158,650

1874-5, $595,lt>4;

Montgomery tfc Eufaula. Interest has necn in default since January. 1873. It is one of the State aid
roads, and advertised for sale Dec. 6, ISI"?. (V. 21,

&

J.

6

425.)
NewIIavenit Derby— Jiet earnings

Uontciair.- 'The 2d mortgage was foreclosed Dooember, 16'4, and road sold ajain Sept. 25, 1875.
(Y. SO, p. 18, 290,333, 4 88, 501, 571; V. 21, p. 186,

ievilic

7

New Haven city guarantees $225,000 of the bonds.
New Haven <6 Northampton.— 0<oa» earnings,

t«8.)

2T8, 323, 395.)

3

3,000,000

Co.

Q.—J.
NewcoKtle, Penn
Various N. Haven, E.8. Bcrautou

2>a

1,(KK),<)00
2(K),(KK)

A

do'

N. Y.. Union Tnint Co.
J, N. Y.. Del., Lack A W.
N.
do
do
A.
do
do

A
A J.
do
do
A A.
do
do
A O.
do
do
J. A D.
do
do
"i'H A. A "O. New York A NaabrHle.
4
N. Y., V. K. StcTciinon.
7
J. A J.
do
do
7
J. A J. N. Y., Drexel, M. A Co.
6«. A. A O. Nasbvllle, Cn.'R OiHce.
M. A N.
Boitou A Noahua.
%' F. A A. Brldgeiiort, Conn.
7
J. A J.
do
do
7g. M. A N. N. Y., ITnlon Trust Co

2,460,000

900.000

do

D.

I87«
1889
1807

Jan.,
Jan.,

do
do

N. Y., G. Opdyke

F.
A.

^

1,000
1,000
100 Ac.

100 Ac.
500 Ac.

!

!

F.
J.

52.^,(XI0

1,0<K),000

1865
1872
1871

j

7
7
7
7
7

(V. SO, p.

—

(V. SI, p. 60j; V. ii, p.

800.000
200,000
1,882,900
103,000
800,000
605,000

H.

K

Mofnle
Ohio. The company has been in d'. fault
since March, 1815. Gross earnings, 1916, $1,914,347;
513,

2,100,(XM)
50O,(MKI

J.

7

S^y.— Leased to PlttsNeio Castle <t Heaver
bnrgh, Fort Wayne A Chicago, and lease transferred
to Penn. Company. Net earuings, 1875, $219,531.

50J:V.23, p 280.)
net, «.36!,453.

840
840

regis-

Mobile <6 Girard —The Central Railroad of Georgia endorses »21i,SW of the flrrt and nil the second
luortgage bonds. Net earnings 1874-5, $22,()83.
Jfo^i^ cfc Montifomery.- Sold in foreclosure. November, 1874, and stock giveu'to old bondholders.
Old mortijagc debt yet out, (Wi3,l00. (V. S(i, p. 82,

&

842

do
do

Bonds railroad stock
do
do real estate
do
Bonds convertible till 1869(N. Y. Central)
Eeuewal bonds
2d mortgage, sinking fund (Hudson River)
Coupon bonds 1871 (not mortgage)
coupon or
New mortgage
mortirairp 5 $30,000,000 )
«ew
j

,025,tKK)

8.

Q-J.

.395,115

Monlreat—lst mortgage, gold

Canada— 1st M., sterling, guar. !).& H. Can.
Nov York Central it Hudson iJiuer—Siook
Premium bonds
(N. Y., Central)
N. y.

3,230,000
6,57.'J.203

do
do

K.A
J. A

u-

5,00<),<KX)
3,<KK),0(K)
28I,(I(K)
ft73,(MK>
9,00(),tKMJ

100 Ac.
100 Ac.

Income and equipment mortgage
2d mortgage scrip
Jf. T.,

7

9,800,000

1,000

M. T., Nat. City Bank.
Bavuuiab, C. RR. Bank.

J.

Q-M.
New York.
l.f>Ddoii.
A N,
Mobile.
I^udon.
A N,
J. A J. New York and London.
M. A N.
Mobile.
8
Mun^b
do
J. A J. New York or London.
l"- M. A 8. N. Y., Q. Opdyke A Co,
?«•

l,0O0.0(KI

14

J

Dividend

I

M.
««• M.

14,2«7,)tO0

1

345

Bavannab.

8

88S,(K)()

1867
1870
1870

J.

«K. M. AN. New York and

(»)

100 Ac.

Wliou.

A
A
A

8

077,.'»50

5,686,000
1,.524,300

.1,000

Paj-itble

J.
J.
J.

780.fK)0

80
80
23
137
84
84

2d mortgage
Con vertilile bonds
Constniction bonds
Gen. ra. & Ist on Boontou Br. &c. (guar. D.L.&W.)
Nashville, Chattanooga <f S(. ioMi»— stock
Bonds to U. S. goverimient, 2d mort
New Ist mort. ($20,000 per mile)
Nashville tC Decatur— Int mort. guar, by L.A

1,000
ie229

£100Jtc

21

Tex.)

2d mortgage
Income bonds
Montgomery it Hufaula—l mort., end. by Alabama.

JIT.

$:i77,.V)0

100 Ac.
Si

Cent.

$900
900
100
100

1873
1893

ConRolidated mortgage, gold (for $15,000,000)...
Monlclair of tfetc Jersey— lat m., gold, guar

—

1860
1867

Val uc.

180
610

Ist mortgage, sterling
Interest bonds
Interest bondii, sterling
Teunosscc 8iil>8., 1st mortgage, sterling
Special mortgage (Mississippi, Gainesville
2d niortgiigo

tC-

'50-'66

i

Mobile if: Montgomery stock
MobileiC OAwAstock
Convertible 8 per cent bouda

xxm

by glTlug ImmejlUf notlee of B Br error 4lacoTcrod In Ifcea* Tablaa.
rt^<f' Prtn«».
_
_.
interest or DiviDExm.
MUes Date 81m, or
,|Hil, Wh«-u I>ii«h.
Amount Rule per Wben __
of
of
Par
Where
Furable,
and
by
au>ekf—lji»%
OuUtiindUiff
„..

(Hrard— 1st mort. ($U12,50O end.)
2d Mioitfias?o, endorsed by Georgia Uaihoud

Itobile

:

a8:.3«8.)

—

A

New

York, Boston
Monirtal. Proposed consolU
dalion of several roads from New York to Rallaad.
Company defaulted In I8T4 and now In hoad* •>
reccivi-r; foreclosure pendlnc.
^V, 40. p. 136, XML
333, 405: V. 21. p.l6, St9; V. 22. p. 447. 471, 545, Uair
New York A Canada. -Tt"^ bonds ar* guuaatc«4
Iludson t^nal Co. Road opeaaA
by the Delaware

A

through Oct.. 187S. (V.
New York Cemirai

A

rolidatinn of

New York

was made Nov.

1.

18ta

SI, p. SOT.)

Hudson Hirrr —The ca^
Central and Hudson Rl«n
In l.««8 the Mock of tba

separate companies was $42,719,700. The scrip divi^
dend on New York Central of 90 per e. nt was mad*
In Dec.. 1868. On c-nsolldatlon. another *7perc«Bt
was disliibnted on C.nlral stock and '5 per cent on
Uudsin. The mortgage loan for $40.'(O.000 lata
retire prior debt, and the balance lor laying Ifai^
and fourth track and other Impruvcmcnts.
tracks were virtually completed from Huff to Alhaa^
Jan. 1 ,1875, thus furnishing a doable track rood ex-,
cbisivcly for freight traffic The llirlRailroad
was leased April, 1873. The following Is a compart^
son of operations, Ac., for Ave years
Cost of I

TbM*

.

m

Gross

Net

Fnnded

and

Receipts.

Receipts.

DebL

eqalpat^

$
1874-5. 8<).0«7.218 11.7«.\lll 4lfllD3.nt7
1873-4. 81,«'I0,«8« 18,»6J,08» S'^.lSl.TtJ
1873 8. 29.1S6.8M 1I,48I,8S3 27.725.531
9,I84.2«) 16,4II6,0«>
1871-1... 2.-).580.«7.'»
8,Mn,S1S l.\«31.719
1870-1... «1,»r8,lfl5
88<>,
546; V. «, p. 41, 191.)
(V. SO. p. 4S,

?6.3^5.7T|fe

H.Mft.6aS
;H.oi4.«e«

eo,4ii,aR

!.

BAILROAD STOCKS AKD

zzir

DOND,-.

[Juno 24, 1876.

8ab«e>lber« will eonter a sreat fkTOr by elvlnz Imniedlatii notice of any error dl^coTered In iheie Tables.

DESCRIPTION.
For explanutiou
at

of

Miles

column

tlie )n!:iil

hondiiig^, <&c., see notes
of first page of tables.

//i(r/em— Common stock
Preferred stock
Consol. mort.. coup, or rcg. (for ^12,000,000)

York

ffeio

Blnklu!,' f unil
Y. Jloiistttonic

of

Road. Bonds.

$.50

1872
1861
1872
1872

i32

. .

d Sorthem — Ist mortgage

150

JV. Y. Kinysl. d S'/ra.—lst m., K'd ($1,000.000)
-If. Y. d- Aeir Kiifjlaiul ( JSosl. , Itartf. <t Ji'ne)—Stock.
Ist luortgagcf, old
A>w I'ork, Kew ilacen, rf //art/orrf—Stock
Harlem & PortcUoster, 1st mortgage guaranteed.
Jf. Y. d Osicego Midland— l»t mortgage, gold

1,000

500 &e.
500 &c,

100

12'4 1873

1869
1870
1871

334,

225
225

2d mortgage, convertible
2d mortgage, non-convertible

100 &c

3d mortgage, equipmcut
1873

Ist mortgage. Western extension
Consoliilated mortgage
d iJ(M(u/i—(8touiagton)—Stock
Ist mortgage

62
62

if. Y., I'ror.

'58-'60

Kxtension
General mortgage ($1,000,000 authorized)
North Carolina—atovk, common

"

62
223
223
223
103
102
102
102
58
56

Preferred stock

Mortgage bonds

,.

fforthea»lcrn {S. t'.)— Stock, coimnon
Pref. stock (8 i>er cent) exchangeable for
lat mortgage, new

2d mortgage, new
Fennsyleania

."North

2d mort.

—Stock

mortgage

Ist

Chattel mortgage
ad mortga.ne
Oeueral mortgage bonds
Northern Central Stock
1st mortga.ge, State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon
3d mortgage, Y. & C. RK. (guaranteed by Bait.)..
Consolidated mortgage, gold, coupon

do

do

registered

1855
1865
1853
1868
1868
1870
1872

ido

21
21

550

1870

"66
66
122
122

d Luke Cluiinplain—Stock

100
100

303
393
148
393
393
393

100
100
1862
1868
1868
1871
1873
1874
1865
1862
1870
1876
1876

..

Spring.. Div. (Si>.& 111. SE.) 1st M. (for .$3,000,000)
Creekd Allei/heny lliver-lut mort.(W. & F.RR.)

228
50
38
25

'Oil

Creek RR.)

Ist mortgage (Un. & Titusville RR.)
New mortgage, (Pitts. T. & B.)
nie lionds (P. T.

&B.).i

126
217

'Ola Colon//— stock

1866
1867
1871
1874
1875
1871

,

'Bonds

3onds
'Bonds

Bonds
•Omaha d Northwestern—Land grant gold bonds!

d Newark— lat mortgage

.',

40

.

1,000
1,000

*200
1,000
1,000
1,000
1,000
1,000

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

500 &c.
1.000

1,600

9
200

—

Oreyon a California 1st mortgage
Osweyo d Bonie—lst mortgage guaranteed
Income mortgage bonds
Osweyo d .Syrae use— Stock, 9 per cent guar
Mortgaire

1,000
1,000

1870

Ohio d

'Orange

100 &c,
100

63.'69

Sinking fund bonds
.>/(ss(v.v(^>i>i—Stock, common
Preferred stock (7 p. e. yearly, cumulative)
Income au<t funded debt bonds
1st con.soliaated mort. ($3,517,000 are s. f.)
Consolidatetl mortgage, sterling
2d consolidated sinking-fund mi>rtga,ge
Del)enturc sinking fuud bonds (for $1,000,000).

50

1865
1866

281a

'35

1,000
1,000

50
35 58&64 500 Ac.

lioiids

J.

M.

7
7

New

yor<A«rn.— Foreclosure

King Ion <fe S>/r<JC«««. -Includes old
Oawego Sold in foreclosure May i,

York,

liondont

&

1875, fo.r $750,00). (V. Ill, p. 366, Sii; V. 20, p. 242,
S14, 459, bio; V. 21, p. 160.)

New York * .few Enoland.— This was formerlv
Boston Haitf. & Eric.
The road was opeiated by
the trustees of ihe Berdell mortgage for s-everal
years and conveyed to tlie new company in July.
1875.
Grosj earnings (in Mass.), 1874-5. $:mi,l~8
net. $l!t7,l(;H. (V. 20, p. 28'.), 336, 614: V. 21, p. 31,
y

F.

M.

7

f.

3
3
8

•M.

At 8.

M.
M.

& 8.
& N.

;

807, .133,

.5:0.)

'

^

New York, New Haven tE HaHforcU—'Set income
applicable to divi.lend- in 1874-.-). S1.6M,!)3!), against
$1,S78,W6 in 18ra-4. (V. A3, p. 6!; V. 2.', p. 15.)
.

New^ York <t Onceqo 3fiKan(f.— Interest in deranlt "inoe IST:V Receiver.-.' certiflcates have been
Jesned, and tiie rtoatiiig debt, Sept. i)0, 1874. was $•!.S74.619. Deficit on operations, year 8^3
4, tSiS 33J
IjJtcst funding plan V. 21, p. 278. (V. 20. n' 83
242, 28fl. 313, 5i)l, 582; V. 2t, p. 40,61 ISS; Y. ii. p.
358, 447.)

New York, PriHlence <fi Z?o<<On,— Annual report
for fiscal year cnrtin; Sept. 1, 187.5, showed net eirn-

logstlnS.MI. loaviag a aurplns of »7:i,7il above interest anl divi.-lonl piyinems. Fall rer-on
V.21

p,

464.

North Cantioa.. Lccsed September,

1871. to Eichnanville Railroad at #2a>.000 per annum.
1875, the gau,'o wa.s chanse.l.
Dividends
pel cen I. are paid oa stock, of which the State

Moml

.*

.in March,
<jl

t

total

expenses,

8

3

net

.T.

do

1878
1878 & 1881
July 1, 1899

do.

do

Company

Shops, N. C.

do
do

1876

Sfar.,

Mar., 1876

do
do

1877

& 1888

May, 1875
1899
1899
Feb. 1, 1876

Charleston,

Sept. 1,
Sept. 1,

do
Philadelphia Office,

& J,
do
do
Jan. 1, 1885
& O.
do
do
Apr. 1, 1877
M. & N,
do
May 1, 1896
do
M. &
Baltimore & Philadcl. April 1, 1876
Q-.
Annapolis.
Irredeemable.
J. &
Daltiniorc.
July, 1885
A. &
do
April, 1900
J. &
do
Jan., 1877
J. &
do
July, 1900
A. &
do
July, 1900
A. &
do
April, 1880
J. &
do
Jan. 1, 1922
London & Baltimore. July 1, 1904
J. &
J. &
Jan. 1, 1926
J. &
Boston, Office.
Juno 1, 1876
1875
J. & J. J. City, Ilmlson Co. B'k,
1878
J. & J
New York.
July, 1900
J. & J. New England Trust Co. Silly 10, 1876
do
do
July 1, 1877
J. & J.
do
do
July, '75 to '77
J. & J.
Boston, Office.
J. & J
Jan. 10, 1876
A. & O
April 1, 1876
do
J. & J.
do
Jan., '78 to '79
M. & s;
Mar., 1890
do
Nov. 1, 1905
6c S.
New Y^ork, OiBce.
Mar. 1, 1873
& O
do
do
April.l, 1882
& J.
Jan. 1, 1898
do
do
London.
& J
Jan. 1, 1898
April, 1911
& o
New York, Office.
& N.
do
M.ay 1, 1883
do
1st coup, due Nov., '77
Nov. 1, 1905
& A. Philadelphia, Office. Feb. 1, 1896
& O.
do
Apr. 1, 1882
do
& J,
July 1, 1890
do
do
Feb. 1, 1896
& A
do
do
& A.
do
Feb. 1, 1896
do
July 1, 1876
& J.
Boston, Office.
& S
do
Sept., 1876
& A.
Aug., 1877
do
& A
do
Aug. 1. 1881
& S.
March, 1894
do
& D.
do
June 1, 1895
& J. N. Y., Kountze Bros.
Jan., 1901
& N,
Newark, Office.
A O.
Frankford O. M.
& N, N.Y., Farmers' L.iT.Co,
May, 1915
do
&A
do
Feb.. 1891
& A. N. Y., Del., L. & W. RR. Feb. 20, 1876
do
& N,
do
1880 & 1885

7

7
3
6
6
6
6
6

g.

««•
7

6g.

3\
7
7.30
5

g.

6

7
2

4
8
8

'3 'a
7
7
6

g-

7
6

.

7
7
7
7

7
3

4
7
6
7.30
6

g.

?«•
7
413

7

81,561,124

net income was $1, 7)6,839, of which
was paid for interest and rentals, leaving

8459,463. equal to 7 80-10) percent
capital >-tock of the company. The 5 per
mortgage is to excnanr;e for inconi'^s
(V. 19, p. 0~17; V. 80, p. 867, a36, 3 io; V.

$3,0.':0.OJO

of lj72.

do
do
do

A.

N.

A.

income.

upon the
cent

1884
1, 1876
1903
July 1, 1894
May 1, 1895
May, 1896

J.

10

3,068,400
1,000,000
400,000
30,441,300
2,004,400
400,000
245,000
3,077,000
2,000,000
500,000
468,000
20,000,000
4,030,000
174,000
6,581,000
112,000
3,905,000
160,000
1,616,000
1,500,000
580,000
500,000
1,155,000
300,000
6,733,800
1,000,000
1,450,000
265,500
1,692,000
500,000
16,000 p. m.
546,000
10,950,000
350.000
200,000
1,320,400
124.000

net,

&
&
&

M.'&sr.
M. & B.
M. & S
F. & A.

8

360,000
1,500,000
2,035,000
5,842,000
1..500,000
1,490,000
1,120,000
202,602
2,599,000
205,000
1,000,000
3,000,000
2,964,000

$:),1i2,l23:

1, 1876
1, 1876
May, 1900
Jan. 1, 1881
Oct., 1902
July 1, 1902

N. Y., M. Morgan's Sons, April 10, 1876

Q.-^

'4

Northern Central.—T.\e annual repnrt for 1875 in
Chronicle. V, 22, p. 278, shows gross earnings,
$1,247,176

Dividend.

July
July

Grand Cen. Depot. July

i'j. N. Y., G. Opdyke & Co.
do
do
i N.
do
do

t)

common
three,

Ohio

464.

6 per cent for three years, 7 for the next
for the next fourteen years.

and S

Mt^sisHppi.-Kn abstract of the annual

(fc

report to

rlnnii ;10

was given

I

332

in V. 31.p.
and
is for three years:

The following comparison

18r2-73.
Earnings
$3,751,423
Operating expenses. 2,613,313
1,14', 109
Net
Interest, &c
1,033,37
\

The

B'k.

York.

Boston.

J. N.Y.,

2I9
U

North Pennsylvania.—Gross receipts In year 1S74-5,
»1,417,734: net, $512,19!; snrplin above interest.
$160,587. Stock held by Philale'p'.:ii city was sold
February, 1875. (V.23, p. 231, 403; V. 28, p. 134.)

$l,928,i4T;

New

J.

When Due.

S(oc/.«— Last

7

C—

dt

do
do
J
do
O. N. Y.,St. Nich.Nat.
do
do

N.

pal.

7

York <6 //arfem.—Gross earnings 1873-4, of North C»rolina holds $3,030,000. (Vol. Ifi, p. 653;
1,856,525; operating expenses. $1,719,:5S4; net V. 17, p. 155, 218; V. 20, p. 267; V. 20. p. 39 .)
Oimiiigs, tl,l 17,141. Leased to New York Central
Northeaatam, 8.
Annual re ort fir 1S71-5 In
at 8 percent per annum (payable J. & J.) on stock,
*ad interest on bonds. The Fourth avenue horse- V. 20. p. 499. Gross earnings. J4!8,9.56; net,
railroad and real estate was retained. Tlie extra $175,441. Report to Sept. 33, 1873, net earnings,
$70,052.
dividend April, 1378, was froai profits of city line.
York, JToiisatonic
pending. (V. 21, p. 049.)

&

Central Depot

I'- M. & N.

New

New

J. N.Y., Or.
J.
do

M.&'S.
J.

5

1.930,500

1,000
1,000
1>000
1,000
1,000

74-'75

"7'

3,978,1.50

500 &c.
500 &e.
500 &u,

8212

Prefen'oil stock
Equipment liouds

Bonds

'

7
7
7 g.
7 g

(?)

2d mortgage

ii

000
500
50
500 &c
500 &c,

iss

1st mortgage. State loan, sinking fund

Funding

,50

1869
1869

138
138
138
20
138
138
138

Norwich d Worcester—Stock.

(Oil

100
100
500
50

'

1st mortgage
Northern rdeijlc— lat mortgage, gold, land grant.

mortgage

76,000
250,000
837,000
3,000,000
1,000,000
380,000
899,350
90,000
820,000
231,500

67-'68

56

Consol. mortgage, gold, s. fund, coup. $ or £
Mort. b'ds (for .$3,000,000, c.vc. for incomes of '72)
Northern, N. i/.— Stock
Northern of Xew Jersey— Stock

l.st

1,000
1,000
1,000

313

Income con ver.til*le bonds, couiM)n
Income bonds for roads purchased, coupon

Ogdensbar!/

1869

3,O'>)0,000

&
Jk
M. &
J. &
A. &
J. &

4
4

1,500,(X)0

100

1,000

—

do

1863

$7,500,000
1,500,000
10,500,000
108,444
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
1.200,000

1,000

1864

"SG
141

lionds

Amomit

When Where P.ayable, and by
Outstanding Rate per Payable
Value.
Whom.
Cent.
Par

.50
.

—Prinol

INTEREST OR DIVIDENDS.

Size, or

132

d-

N.

Date

I

of

The company purcha'cd

1873^.

1874-75.

•

$3,473,074

$.3,204,479

8,548,S<K)

2,310,969

931,193
771,138

the Springfield

863,.510

815,472

&

IHinois
Southeastern R .ad March, 1875. for «v,000,000 in
bonds secured on the Sp. A I. S. road, and with privilege of funding c upons to Nov., 1577: of the same
mortgage bonds $i,t.00,000 werj reserved, the proceeds to l>e used for improvements. Since election
of director.-" Oct. 14, '7.3, the Bait. * O. interests are
more largely represented in the board. (V. 20, p,
2)5. 267, 29'>, 291, 477, 491; V. 21, p. 2li9, 382, 372, 3%;
V. 82, p. 111.)

32, p. 257.)

Northern

New

II

impMre.—^et

year 1875-6 was $123,81 1).

(V. 22, p.

Income

56

fiscal

.)

Northern of Xew ./erjiey.— Operated by Erie at 35
per cent of gross earnings, which in .873 were
$273,991.

<V. 2),

p.

488.)

Northern Pacinc-'^nht \\\%. 12 1975. for tlOO.OOl
and pref. stock is isHued to bonlhoUlers at the rate
of §1.4)0 for each *l,;i'0 bond, an'l this inc'ifdesthe
interest funded to -luly, "878.
This stock is exchangeable for land at its par value. (V. 'H, p. 15,
78, 137, 160, ;31, 321, 372; V.22, p. 133, 159, 333.)

Norwich

iro-cw'«)'.— L°a?ed February. 136). to
Boston. Hartford & Erie f t 100 years at In per cent
per annum on c ist. Dividends paid of 10 percent
peraiinam. Gross receipt* in !874-5, $729,440; net
$i94,997. (V. 21, p. 5 90 V
if:

Og'l^mhurg it L ike CArt^ni^m.— Leased iiiMarch,
twenty years to thy Vermont C'entral for ition bonds, 8 per cent on preferred stocii and on

1870, for
tifrcst

Oil Creek <t Allegheny Riser. —Sold in foreclosure
consol. mortga..;e, Dec. 29. 187S, for glO ',00.X New
organization made Jan., 1876, as Pitts. Titusv.
Buff. RK. (V 21, p. 43, 302; V. 22, p. 16, 1:35, 279,

&

399)
Old Coony.— There are S:32,!"00 5 per cent lionds
due 18>4. Total eariiin-js in 1874-5. $2.286,4"3; expenses, $l.4'.3,l:»: net, $7;18,723.

(V. 21; p. 533.)

O'^aha <fc .Vo;VAw'e.9^.— Passed interest 1874. Some
bonds and coup's exchanged for lands. (V. 82, p. 79.)
Oregon (6 C^r/i/or/ii^.— Bonds nearly all placed in
Germany. Af te-.' default in 1373. proposition offered
by Bon. IIoI1.4d:iy, President. (Sec V. 19, p. 480; V.
2!. p. :J75

)

OiiO'go <6 ffom«— Opeiited by the Rome, Watertown & Ogdensburg ai 8per<ent on $30-3,000 stock
and interest on first mortgage bonds.

—Leased to Del.

Oswegoxt Syracuse.
for Interest on bonds

and

9 per cent

Lack,

ifc

on stock.

West,

;

J !!

riibaeribcra

1

..
...

RAILBOAD STOCKS AND BONDj.

24, 187G.]
tvl'.l

confer a srcat

Avor by

DESCRIPTION.
For oxplaitatluii

uf coliinin
at tUo hoiul of lii'Kt

bea^tliif^a, See., see nutpfi
paf;(i uf tublcH.

Oieoubiro rf ItaKmllcille—lHt mortgage
Pacific of Missouri —Stock
iHt iiioitK.iKe, Kiild
'2d inorts'^iKo (»inliiug fluid $50,(NK) por uuniun)
Real eslato (dciiot) bonds
Debt to 8t. Louis Coiiuty (no bonds)
lucoiiic bonds, (Kniiruntced Atlantic <& PaclUc)

immadUta

xlvlnz

MUcA Date

Si»-, or

of
[ionds

Value.

tit

Road

.

1872 $500^10
100

2H:i

18«'8

1,000

T,(MK).00O
7,(KK),000

283

1871

1,(M)0

2,7(K),0<M)

600

iic.

800,000

1872
1875
1513 1873
1871

KM)

Ac,

1„^<K),000

Caroudelet Bi'aiicii, let mortgage
Lex. <& St. Louis braucb, 1st luort., gold, guar
do
lid mortgiige
do
T-oavoiiwortU, Atch. & N. W., 1st uiort., guar
I'uiliicah
Jfei/iyjAid— 1st mortgage, gold

U.-i

General mortgage, sterling
Paris
l*iini-iUf.— \v,i inortgago
Paris <£• Ikxatiir, lis.)— 1st mort., g'd, sink. I'd
Palcrsoii
.Vcicn//,— 1st uiort., guar, by Erie
Pekin, Lincohi d: Decatur Ist iiiortgiigc

47
47
34 >3
75
12
07

J'e«t)i«u/«r(Micli.)—l8t mort., gold, eiuk. fuud

1(!U

PeKH»i/(rnuia— Stock

809
355

1,000
1,000
1,000

21

i£-

runama — Stocit
t(-

i I

—

1870

Ist mortgage, gold, (held by Pennsylvania RR.).
PennsylcaiUa <t i'cftticare— 1st mortgage
2d mortgage
Pennsiilrania a New rorAc— Ist mort., guarau.
k.
. .

.

'."MJO

500 Ac.

1871

1,000

"50

2,794,000
1,190.000
1,200,000
500,000
1,076,000
3,800.000
08,870,200

1,000
1,000

4,U7(I,(KK)
19,99i»,7(;0

6

1,600

5,<HI7,:i(iO
29,2.')0,{K)0

6
6

50
50

3,<HKI,<KK)
H,<K)0.(K)0

1,000

7.(«)(1.<KK)

mortgage

2d mortgage

Perkiomen — 1st mortgage

Consol. molt., gold, guar. P.

& R.,

(sink.'

90 »3 1870
18 1867
1873

fund)

'"82

i'etecsfcKr;/—Stock

1st mort. bonds (payable $25,000 ye;irly)

Philadelphia <t Hall. Oenlral—let mort. (Pa)
2d moi-tgage (Pa.)
Ist mortgage
dC

(

Md.

Suubury

&

,

100

621,0(K>

1,000

,200,(HK)

,

P. R.

.

.

100 Ac.
KM) Ac.
100 Ac.
50

1857
1801
1808
1869

1,000
1,000
1.000
1,000

50
50

Preferrrtl stock

Mortgage loans inconvertible
Loan mortgage, convertible
do
sterling
do
do
do
do

184:^-9

1857
1836
1836

.*.

Pennsylvania 1st mort., sinking fimd
Ixian moitgiige, sterling

1,000

E.ast

1,000

1836
1808
18G8
1871
1871
1871
1873
1873
1874
1872

Loan debenture
mortgage

Ixiaii

Consolidated mort., dollar loan, coupon or reg

do
do gold, doU.ir or sterling
do
dollar loan, gold.coup. or reg
do
Debenture lo.in (convertible 1876-92)
Iinprovem't mort. (dollar or sterling) sink'g fund.
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)
Coal & Iron Co., guar, inort. (for $30,000,000).
Phila:M»hia tt rreii(o/i— Stock
Philadcl/fhiu. Gertnantown <£ Norrisiown Stock
I'hilailelphia, Wiliniiijilon iC- Baltimore Stock
1st mortgage, convertible
Plain bonds, loan

750
.

100
98

Pitts., C. <t SI.

i.— Ist m., cons,

—

Now Evansvi'.le. Owdk RusseHeHle.
Nat-hviHe. To be sold in foreclosure.

Owemhoro

Pacific 0/ MiieourL—UnaiKaa
Atlantic & Pacific Railrnatl nnd dividends giinrantecd. In Sept. and Oct., 187.5, the price of ptock
fell from 47^ to 1%, the principal canses being
a decrease of $1)02,996 in earnings since .Tannary 1
the failure of A. & P. to pay the October dividend
advertised, and the fact that the road was so heavily
P. Co.
The lease was
loaded with debt to A.
surrendered Nov., 1875, and litigation is pendin;;.
Interest on .3d mortgage and on Lexington & St.

leased .July, 18T3, to

&

Louis In default, December, 1875. (V. *), p. 288,
4i9, 593; V. 21, p. 40, :Wi, :».1, 412, 418, 4m, 4:9, 536,
571, 592; V. 22, p. 10, 183, 3i8, 6GS.)
Paducth. & jl/l3m/>/ifs.— Foreclosure proceedings
commenced, bat compromise afterward reported.
(V. 21, p. 110; V. 23, p. 233.)
Panama.— \ steamship line lately started. (V. 20,
p. 3.-)8; V. 21, p. 207, '231, 489; V. 2i, p, 88, 283, 847,
306, 352,

Paris

.

flawiffft—Foreclosure In progress.

(V.

2'J7.)

Pari* <ft Dwifur.— Consolidation. Now Illinois
Midland. (V. 19, p. 331; V. 21, p. 613.)
Ptdersoa i£ A cuiari.— Lately operated by Eric.
Stock is $i.jO,OCO.
Ptkln, lA'CoLn <fc ij««<ur.—L"ased to Toledo,
Wabash &, Western. To be sold in foreclosure
21, lbV6.

(V.

-il,

Peninjfu/or.— There
«54!),0(X).

p. 2t7.)

is

also a second mortgage for

Defanlted May),

&

18r2.

Goiipousantunded.

L. M. July, 1871. W. L.
Consol. with Pt. Huron
Bancroft. Receiver. (V. 17, p. 165, 630, 763.)
Pennsylvania.— tha report for '75 is given in V. 2!,
p. 253. 447. In May, '75, Ihe dividend was changed
to the rate of 8 per cent per annum. The direct
funded debt of the company is $59,000,000 in 1874
the Uabilily as a guarantor of principal and interest

50O,(KK)

8

3(K),()00

8
•7
7

800,000

7

5,000,000
3,000,000
8,680,000
32,725,775
1,551,800
1,510,500
79.500
182,400
907,200
495,900
134,400
1,138,900
2,700,000
10,688,000
7,000,000

6
7

A.
A.

7

7
6

g.

6
«
7

g.

V.

2J, p.

*

Peimsijlv'ani

2I3

839.0<K»
fi,222,(KX)

5.000,000
3,1X10,000

775,000

A Xew

105,784.015
62,589.537
corporation dis-

253.)

Delaware.— "The lease of

close

couuection with the Lehigh Valley. Net earnings
1873. $448,361. Dividend'oT 754 pcrceht paid on preferred stock, $3,000,000; common stotk is$l,u«i,7«0.
Peoria
Chicago,
Peorlt,

Jane

.SO,

<(:

Bureru lliC^.— Leased perpetually to

Rock

Island

Pekm

<*

& Pacific at $125,000 per year.

JaekfOntAle.-ln year ending

1874, net earnings, $00,86!.

Rock Ifland.— la hniids of receiver. Defaulted In 1874. There arc old 10 per cent bonds of
$150,000. (V. '20. p. 141, 616; V. 81, p. 159. 319, 535;
V. 22, p. 56, 814, 4M.)
Reading.
Pifriio/n«n.— Leased to Philadelphia
Peoria

<t

&

;

was on |%J,»S3,S0O bonds; annual liability additional on guarantees of interest or rentals, $13,862,319.

/\!fer(*«r!7,— Gross eaminga
(Vol. 19, p.
$103,873.
V.
64, 378; V. 28, p. 185.)

mi

1874,

«,

p.

do
do

$240,145: net,

593:

Y.

«!•

do
do

1,
1

1

I,

leso*

Oct.

\\ 1870

Jan.

Oct. 10.

IS07

July
Jan.

18«»

V,

I<r7«

1.

Feb.,

1900

May IHHOto'OO
Mav 29. lH7e.
Jan., 1880

1010
Annnallr.l

Juuo

lOOA

13,

N.Y.,Chlc.,R.I. A Pae.
Feb.. 1876
N. Y., Imp. A Trad. B'k. Jnly 1, ISM,

a'a.

New York and London

Pltl«tiiu-gti Co.'s Office.

Pliliud<l|>bla.

Pkllailelphlu, Office.

do
Pblla.,

Oct.. 1173
IIHKI
lIKKi

do

1003

B'k N. America. June

do

Phlla.,

do

227 8. 4th»t.
do
do

A
A
A
A
A

do
do

J. Philadelphia, Pa. RE.
O.
do
do
O. Phila.. Pa. Life A T. Co.
J.
do
J. Plilladelphla

1,

Jniie.

IMM

1906

1000
1897
1013
Jan., 1872
Feb!.'
1,

Apr.

June

1.

A

Philadelphia, Office.

A

A
A
J. A
M. A
T. A
J. A
A. A
J. A
J. A
J. A
J, A
A. A
J. A

do
do
do

J.
J.
J.
J.
8.

J.
J.

do
do
do

London.

do
Philadelphia, Offioe.
Ixuidon.
Pbllndelphhi, Office.

do
do

do
do

O.

D.

>

1902
Jan., 1870
Jan., 1000
Oct., 1891

Oct 1,1877^

March 31, 1881
do
Jnly 1, 1888;
London.
July, 1900
Jan. 25, 1876
Jan. 23, 1876

1880
1886
1880
1880
1S88
1877
IHO.T

1893
1011

June,
J. Philndclphia A London.
June,
D. PbllnilelpbUi, Office.
Jimr.
do
do
J.
Jan. 1.
O. PhiUuleliihia or
J.

Q.-J.

London A
do

London

Pbila4lelphla.

do

Philadelphia, Office.
Treasurer of Co.

Plilla..

A J. Philadrli>hla A Boston.
do
do
J. A J.
do
do
A. A O.
A. A O. Phll'delphla, Co.'s Offlce
do
A. A O.
do
F. A A. Phlla., Pa. RR. Office.
do
do
A. A O.
M'ntlily N. Y. Agent, 57 B'way.
J. A J.I Phlla., Pa. RR. Offioe.

11.1,010,000

Tort.— Operated In

1H«.

Pblladclplila, Office.

J.

6
6
6
6
7
7
6
7

290.000
1,000,000
700,000

do

Oct,

A O.
AA
A A.
A O.
A D,
A D
A A.
A J.

q.-M.

3
4

this road
to the Pennsylvania Railroad was ratified in 1871.
Previously operated under temporary lease.
I

do

J.

O.

Various

from the Pennwylvania Railroad, formed to
operate all the leased lines west of Pittsburg. The
stock Is o«TieU by the I'cnn. RR. In !^7^ the operations showed net profit of $814,8)8, including receipts
from the Company's investments. A very complete
exhibit of the operations and financial condition of
oil its leased roads was published in V. 20, n. 425,
Ac. (y. 18, p. \n, 2815, :iW, 601, 584, (^30; V. 19, p.
.377, 471, 504; V. 20, p. 16. 86. 267, 314,4i5; V. 81, p.
Pe'inetflvanla

J.
J.

J.
J.

tinct

130, 361, 458, 592;

A

Hi

7

1.2.59.100'
2.2:n.!»oo

a

A

.T.

11,.53«.2.">0

is

Kew York and

do

J.

6
6

9,5KS.O00

The Penneyivanla Compa^

J.

A O

2's

13,-li:j,.5(H)

8,847.852

O.

do
do

6g.
'2

19,iMH),000

9,396.!i2«
9,44'i,704-

York, Offlce.
London.

do

4'

1,(X)0,(KK)

S2.ni2,.^25

Mew

6

300,000
6,048,700
2,400.000

24.886,009

22,642,-3"l

A
A
A
A
A

do

FlUIadelphta, Office,

:

1874
1873
1872

I

N.Y. I.j>uc««ter, B.ACo, Jan., I870-'08

On all operations east of Pittsburg, in 1875, the report
shows a net surplus of $1,081,929 over all payments,
including dividends. The following is a comparison
for four years on main line and branches in I'ennsylvania
Total Stock
Qrose
Net
and Debt.
Earnings.
Earnings.
$128,096,560
$a0,4'.l3,251
$'»,147,S8
1875

.108.)
<fc

«l,p. 180,

April

1875
1868
1873
1864
1864

200
200
117
33

(for $10,000,000)

do

%'

4<)0,000

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

1872-

2d mortgage
1st mortgage, Steubenville & Ind,, reorganized.
Col. & Newark Division bonds

&

100
50
50
500

N. Y.. U'k Cuwiiicrcv.

O. N. y., B'i of Couimrrre.

7

^•^

10,.5(K>,(MK)

1,000
1,000
1,000

1858
1867

do
do

do
do

7
7
7
4
7

908.000

26
20

—
—

ensboro

71.5

O.
D.

Q.— M.

V-

1,324,200

50

"40
287
287
287

Erie

2d mortgage
2d mort. gold (for $20,000,000), guar by
Philatlel/ih ia iC Head iat/—Stock, common

1859
1809
1860

36
10
287

)

Avie—Stock, common

Preferred stock
Ist mortgage,
Ist mortgage

1 ,(K)0,000
1 ,(K)0.<K>0
1 ,.5(K>.(KK)
1

A
A

Q.-J.
A.

"3'

.200,000

1,000

100

82
82
36

2d mortgage

Philailel/)h ia

1864

1

J.

«

1,.'MK»,000
1 ,5(K),(KH)

100
500 Ac.

;

'

I>oudon.
J N. Y.. Eric Railway Co.
F,
A. N. Y.. T. W. A W. RR.
M.
V.
Niw York.
Q.— F. Plilladelpbia, Office.

7

5H»,<KK)

83

Peorirtrf-yiocfc/.— Ist mort. (after $150,000 10s) ....

A.
J.
J.

l,08;t,<KK)

1,000
1,000

A A N. Y., H'k Cuniiiivrce.
Aug.. >^f^%
A J
do
do
Jul^-. i>(gi
M. A M.
do
du
May I, IWir
mont'ly
Ht. IxnUii.
l>i.|i.. IH
M. A
v., Il'k Coiiimrrce
hn<t..\H\n
.,
„>.Y.,
M. A N N.
Atlun. A Pw. RR, May I, IWS

A.*'

£200

1873
1873
1873
1866
1866

44
44
105
105
46
83

Wlifu Dim.

Dividend.

* A.N.Y., rnin.4Tnul.S.B.' Frii. 1, IROa
Q.-J. N. Y., At. A !•«•. n. R. July 26. 187i.

3

1872
1868

—

.pal,

Whom.

1,000

1867

stock

I

Wliere Parable, an

K.

Og. A.
Og. J.

7,0<K),(MK)

1870

Pli.

Ist Hiortgage, guarantee<l
Peoriti if Ilureau Valley—Stock
Peoria, I'eUin tC JacksoncUie— 1st

8
7
7
7

ioio

60.'70

—

I

.1.

200,000
500,000

l,6i)0

Payable
F.

I'll

1)00,000

1,.54

to Pitts., coup, and rog
Stjtte lien (pay'lilc in annual iiist'lm'tsof $4 w),000)
Consul, nuirtyagc, coup. & reg. (s. f. 1 p. c. yearly)
PennsyliHinia Co. Conimou stock
I*ret'err('d

8

««

2,500,000
500,000

5.")>4

When

per'

Cent.

$1,500,000

1872

200

1st in< irtgago
Oeiieral mort.,

Rata

7<K),(MM)
.

3d inortcago

<£•

OutMtuudlug

48S

3(1

anr arror dlacoTsrad la Ikraa Tab «a.
JUmrit—VrMitJt'
INTEIIE8T OR DIVIDRXOfl.

notlaa of

Amount

Par

xxr

1911.

'

1911

1803
Oct. 1, 1807
July 1. 1006
1892
Vjiril 10. 1876
Jiiue 3. 1876
July 1. 1876
July. 1884
April. 1887
Ort. 1, 1802
A|>ril I. 1000
Aug. 1. 1900
April 1, 1913
May. 1884
Jan., 1890

PMladttphla <t Baltimore C«a/ra'.—Operated fo*
tinu^ jiast. in PennsylvanU by tnuteeaof flfat
Phil., Wli. A Halt laffdji
mortgage bondholders.

some

PhUaMphia * £H«.— Leased Fchmary,

IStt,

fo*

999 years to Penn. Railroad, but withoat anrraai^
antee of bonds. Oroas earalaga. II7S, $a;SKn7;
The Paoo. Ralboad
net earnings. $1,137,418.
creditor $234,241. (V. SO, p. 8, MS; V. », p. «•.)

H

PhiladtlpAla

4 i7«<i<Un{r.—The net earalnnof IH^.

lines In 1874-S. were $4,580.7(8, aAaBit
$5,790,205 in I873-t.and $5,357,786ln 187S 3. IncoaM)
$8,811,^89, against $t.SSl,670 la
1878-4. The trustees of I be general mortsaga hold
Iron Co. A compariaoil
the mortgage of the Coal
of statistics for three years is as follows:
1878-8.
1813-<.
i8r4-«..'
Gross eanilngs.. . $14,8$i,66t $14,4Si,lll $18,680,9*1
&!8:,9I6
9,474,888
e.taO,lS9
Op. expenses

and branch

from other sonrces.

A

$5,807,766 $5.780. V4 $4,680,788
Net earnings
l,.«l.«70
IncothersouKCS.
1,085,118
4.MI,88»
44,181,716 68.155,138 57.184,111
Funded debt.
-(V. 19. p. 17, 88, 51, 858, 480; V. », p. 838; V. IK
p. 45^; V.22. p. 109.)
PMItdHpltia <* TVs ifon.— Leased to Pennsylvania

Railroad with L'nited New Jersey com|ianie« at 10
per cent on sloi-lc.
Phllide'phla, dtrv^intoHM <t .Vorrintoira.—t
for 999 } ears to Philadelphia A Rcadins at IS ]
cent, on stock.
Phtlade'phUi. WUiMnglonA Ballimort.—yttttntIngs. year ending Oct. 81, 1875, $I,MP..'M8. leavtag a
small surplus uf Income above payment of 8 fee
Last annual nport tn V.
cent dividem's.

Ap,

156.
Pittsburg, Cindnnati <t St. £9wi>.— This company
leases several roads iiid Is Itself oontmllrd by the
Pennsylvania Co., which hoWs a majority of the
capital stock. Comir>nstock,$<,606.7<'U; )st pref.,
.Net eanOMtk
$8,988,610: 8d prvf.. $3,000,009.
1875, $733,963. Annual report, 1875, Y. 88, p. $ 1 ^.

.

;

RAILROAD STOCKS AND BONDS.

xxn
Subscribers

confer a gremt favor bf cItIds Immediate notice ot any error dlscoTered In these Tables.

irlll

DESCRIPTION.

Miles Date
of
'For oxplanntlon ot cultimu beadiues, &.e., see notes
Road. Bonds
at the head of Urst page of tables.

468
468
468
468
468
468
468
468
468
468
468
468
468
468
468

iHtlsbiirg, Fl. Waijne it Chicago—atocK guar
8l>ec.hil iiiiinoviMuciit atock, guaranteed...
iRt luortga^^c (8erie« A).

du
do
do
do
do
do
do
do
do
do
do
do

iDt
let
.1st

nat
:iat

:2d

Sd
ad
ad

•-3d

do
do
do
do
do
do
do
do
do
do
do

-

)

2

p-t-

n

Plttsbilrfr, Ft. Wayne & Chic, construction bonds.
Kiiiilpmcnt bonils (renewed)
'IHIUb., In. d- t'A(iWM/u«— 1st mortgage, gold
'

Ist mortgage,

Vermont

l)iv.,

1868
10 1859
149 1876
167>9 1871
66 1869
62 1870
1871
116 1871
52 J2 867-9
52 13 1870
52»s 1871
52
111% 1869
71
71 1872
67
44 1870
50 1862
50 1861

gold

<e Itnclie^ler— 1st mort., s. f. (Portl. loan)
Ist mortgage, equal lien
(Portland loan) sinking fund
2d
do
•Portland, Saeo it Furlxmonlh—Siock
J'ori Royal (S.
l.«t mortgage, ccmyertlble, gold.
--^Portsiriouth, (If. Falls tt C'OHtraw—Stock
Bonds (not mort.) guaranteed by Eastern

XRwtt.

O—

*'

Providmre tt Worcester— Stock
Mortgage bonds

-

Beaditi*/

<f

KR

mortgage, coupon

(7o/Hnifria— 1st

2d mortgage, coupon
Seatlimj

<•

it

' -JBens»etaer

1871
1862
1862
1862
1802
1802
1862
1862
1862
1862
1862
1863
1802
1862
1857
1874

jSize,

Leiiigh—lat mortgage
it Saratoga
Stock

—

isi
181
142
10

Ist mortgage, consolidated (for $2,000,000)
<t ban rJWc—Stock
State sinking finid loan
Jioud.-*. giiarautecd by State
^Consolidated mortgage, ccmpon or registered
Uew general mort.; gold (for $0,000,000)
-Piedmont branch, 1st mortgage
Northwestern, N. C, 1st mort., guar
Mieh'd, tredericksburg it Potomac— Bonds, ster
Dollar loan

'^Sichmond

INTEREST OR DIVIDENDS.

or

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

100,000
1,000,000
1 ,000,000
4,000,000

100 Ac

400,000
•

1,000
1,000

100 Ac.
500 A«.
500 Ac.
500 Ac.
100

23

<t

281
218
07
190
190

—

Some, Watertown

tt Ogdensburg
Stock
sinking fund mort., Wat. & R
" General mortga,ge, sinking fund
-2d mortgage
Consol. mort., convert, till July, '79, coup

•"^st

360
120

—

^'Jiutland Stock, common
-Preferred stock

lEquipmeat mortgage bonds
do
do
"New general mortgage
SL Joseph it VcHver Cili/— 1st m. gold, E. div
"al»t mort'^iige. Western division, land grunt
'aSt Louis, A linn it Terre Haute —Stock
preferred stock (7 per cent yearly, cunuilative)
.^st mortgage (series .\) sinkmg fund
IS t^
31st mortgage (series B) sinking ftmd
3 £~ S

100
500 Ac.
100

iio
120
120
112
170
260

1,«00

100 Ac.
1,000

preferred (series C)

mortgage, preferred

(series

I

D)

(

2d mortgage, income
Equi;>»w"iit

JT? %
ia i>

1874
1873

1870
1875
1868
18.55

1861
1872
1874
1870
1870
1872
1869
1870

mortgage

Jo

Fort

FUtsburg,

Wayne

db

Chicago.— This road

"mas

leased July, 186», for 99.) years, to PenueylTftnia Railroad, at a rental equivalent to interest,
-siaking fund of debt, and 7 per cent on *I!'.714,83B
Jtock, whi li was increased at that time from
:$U,5U0,()00. Tile lease was transferred subsequeotlv
ia the Pennsylvania Curapany. The lessues to keep
tke road in repair, and also pay taxes, expenses,
^ete. Pittsburg;, Fort Wayne
Chicago leases the

•

&

UJewcastle & Buaver Valley and the Lawrence roads;
*^kich in turn are leased again by Pennsylvania ComNew stock of t4,10J,i)UO, issued to Penn.
Bulroad for improvements, Ac, is under article tti
'^«(le»8e; guaranty on old stock not affected. Net
•Msmlngs, 1873. $.3,573,398. Siukina fund for bonds,
.ajmy.

'

-

aiI.rt>S,8M).

(V. 22, p.

588.)

Virginia c6 Charleston.— Ot these bonds
FennrylvaniB Railroad owns $500,000.

fPitlsbiirg

Vtte

""FVUiburg Washington

4 B(rf«mor«.—This was for-

merly Pittsburg A Conneilsville. Interest was in
vefMUt to city of Baltimore, which owned s large

ounount of the bonds, and a ransf er was made May,
Mra, to Baltimore A Ohio RR. for *1,010,000. (V.
-M. P- M8; V. 19, p. 17; V. 20, p. 891, 546; V. 81, p.
1

*iol.)

.

•._'S!""''^' ^'"'*<»*«

n,

*

Paeille.—la foreclosure.

p. liW; V. iW, p. 314, 491;

Port Buron

<C

T.

ai,.p. 378.)

Lake Mchigan—TUs forms part of

?* Chicago & Lake Huron consolidation,

with Pen-

"' *'i-higan. Interest was
""SS*"
aBTS, and coupons funded

in default Nov.,
for three yi'i\r3. (V is n

-SM, M3, are,

•PorUand

«y

v. so, p. m-, v. S2, p. 375.').
Ogdensbu'g.—Tiie two ii virions were

155, 6O8;

<t

"•••eelidated
jortgage of
aiarch, 1876,
bonds.

March

1875 as one company, and a
$8,000,000 on whole line proposed. In
Co. passed the interest on Portland
(V. 21, p. 130, 396, 613; V. id, p. 183; V.

,_Portland * Bochesler—TYAs is the old York A Cnmijenand sold oat in l(j65. Net earumis year
ending
*

*a»iat

81, 1873, $33,659.

1,600

6g.
l«7g6
6
6

1,000
1,000

1,000

500 Ac.
1,000
1,000

2»

686
210
210
686
100
72
300

1864
1864
1870

500 Ac.

1867
1872
1874
1870
1872
1870

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

1,000

100

.r.

.1.
,1.

"4'

7
'e'

6

6

do

i«0-70 A.
.1.

A

6

f'

8
8

A
A

O.
J.

Various

:

,

!

I

do

New York

1888
or

Richmond

London.
Richmond, Olflco.

do

A
7g. F. A
J. A
3
M. A
7
J. A
7
J. A
7
A. A
7
A.

O.
A.

Riclunoud, Offlco.

New York and

J. N. Y., Fai-m. L.
do
S.

do
do
do

D.
J.

O.

London.

A T.

Co.

do
do
do
do

l'875

1875
1881
1880 to '30
Aug!,' i'918

July 15, 1875
Sept. 1,

Dee.
Jan.

July

1,

1,
1,

1880
1891
1892
1904

2,47i),700

"3i»3 F. A"A.
Boston, Treasurer,
M. A N.
do
do
7
M. A 8.
do
do
8
M. A N.
do
do
8
F.
A.
N.
Y.,
l/ondon
A
A
Frank,
8 g.

4,168,700
500,000
500,000
1,192,000
1,,500,000

5,500,000
2.300,000
2,168,400
1,100.000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
10,170,053
4,000,000
C.000,000
1,(> 17,000

8g.

Georg'a

A A

do

do

Feb. 2,1875

May

1880
1880
1902
Aug., 1899
May 15. 1900
1,

Sept. 1,

Nov.

1,

July

6,'

1874

A J.N. Y., Otrice 12 Wall st.
1894
A. A O.^
do
do
1894
do
F. A A.
do
1894
do
1804
M. A N.!
do
M. A N.i
do
do
1894
M. AS.
do
1880
do
"7"
Aug. 1, 1802
F. A A. N.Y.,0«ice 20Na8sjvnst
Mar 1, 1897
7 g. IM. A N. New York or London.
do
April 1, 1914
do
7 g. A. A O.
J.
A
D.
New
York,
Co.'s
Office,
June
1, 1897
7g.
do
June 1, 1897
da
7g. J. A D.
do
do
Jan.
1,
1891
J.
A
J.
7 R.
7
7
7
7
7
10

2,.500,000

1,500,000
8,000,000

Railroad

F.

"3'

i6S.)

—The

.1.

,?.

Portland, Saco <t Portsmmilh— Leased March 18,
1871, to Eastern Mass. Railroad for 99 years at 10
per cent per annum; modified Dec, 1875. to 6 per
cent for two years. (V. SI, p. 372, 431, 59J; V. 22, p.

Pert Royal.

.i.

.1.

-

6
7
7

.1.

.1.

,1.

I'-

650,000
350,000

do

Dividend.
April 4, 1876
April 1, 1876

A J.
do
do
July 1, 1912
A A.
do
do
July 1, 1912
H. A S.
do
do
July 1, 1912
A. A O.
Nlo
do
July 1, 1912
M. A N.
do
do
July 1. 1912
do
J. A D.
do
July 1, 1912
J. A J.
do
do
July 1, 1912
P. A A.
do
do
July 1, 1912
M. A 8.
do
do
July 1, 1912
A. A O
do
do
July 1, 1912
M. A N.
do
do
July 1, 1912
do
J. A D.
do
July 1, 1912
A. A O.
do
do
July 1, 1912
J. A J N.Y„ Winslow, L. A Co. Jan. 1, 1887
M. A S.
do
do
Mcb. 1, 1884
Philadelphia.
Bait., Bait. A Ohio RK.
A
July, 1899
F. A A. Pittsb., First Nat. Bank Aug. 1, 1882
A J. Loudon, J. S.MorR.inACo
A J.
New York.
July iVlOOl
M A N.
New York.
May 1, 1899
A J. Boston, First Nat. Bank
Jan., 1900
M A N.
do
Nov., 1901
do
1« A N. New York and Boston.
May, 1891
Boston, Columbian B'k. July 1, 1887
A
A. A 0.
do
do
Oct. 1, 1887'
do
Various
do
Sept. 1, 1891
A J.
Best
Offli*.
Jan. 1, 1876
M A N. New York and London. Nov. 1, 1889
A J. Bost., Eastern RR. Co. July 15, 1873
do
A D.
Dec. 1, 1892
do
A J. Providence, Office.
Jan. 1, 1870
A J.
do
do
July I, 1880
M A H. N.Y., Union Nat. Bank. -Meh. 1, 188a
J. A D. Colimibia, First Nat.B'k
Jime, 1884
J. A J N. Y'., Nat. B'k C<mi'rce. Jan. I,"l876
M. A N N.Y., Dei. A H.Canal Co.
Nov., 1921
Richmond, Office.
1880
J. AJ.
do
Jan. 1, 1875
J. A J,
M. A N. N. Y., City Nat. Bank.
1875 to '90
,1.

7
6
3

4
6

75,000
50,000
9,000,000
3,147,600
709,900
1.200,500
1,000,000
3,000,000

1,000

100
100
100 Ac.
100 Ac.
100 Ac.
500 Ac.
100 Ac.
100
100

g.
g.
g.

6

2,000,000
500,000

do

Q.-J.

.1.

6

1

100
100 Ac.
500 Ac.

18(i4

=='3;'^

.St Louis, Iron lloxintain <t iSi>«(/iei-n—Stock
<1st mortgage, coupon
2d mortgage, gold, coupon, may be registered
Cons. M. gold (s. f. after 1880), coup., maybe reg.
Arkansas Branch, Ist mortgage, gold, land grant
•Cairo, Aik. &. Texas, 1st nmrt., gold, coup, or reg.
Cairo & Fulton, Ist mort., gold, on road and land

'

7

1,500,000
7,000,000
1,925,000
4,000,000
508,486
157,800
1,768,500
1,092,000
500,000
500,000
67,778
299,917

1,000

100

1864
1801

I

2d

7g.

770,000
486,000

100

.

".2d mortg.ige,

8

295,.500

Fetersbiirg—lat mortgage coupon
New mortg.ige
Xock/ord, Rock I. it St. ioiiw— Ist mort., gold
-

7

7
•7
7

2,.500,000

Cmipon bonds of 1881
Biehmonil

7

m

A Co.

N. Y., Winslow, L.

StocA-s— Last

J.
F.

7

20,000 p.
1,800,000
800,000
1,124,000
2,300,000
700,000
350,000
450,000
1,500,000

1,000

1871

7
7
7
7
7
7
7
7

6,.500.000

.

142
49
29

1%
1\

$100 $19,714,285
100
4,333,948
500 4c.
875,000
500 Ac.
875,000
500 Ac.
875,000
500 &c.
875,000
500 Ac.
875,000
500 Ac.
875,000
500 Ac.
800,000
500 Ac.
860,000
500 Ac.
800,000
500 Ac.
860,000
500 Ac.
860,000
500 Ac.
800,000
500 Ac.
2,000,000

£200

ifoo</«— Principal, wlien Due.

Amount

per] When Where Payable, and by
Outstandb.g Rate
Cent.
Payable
Whom.

V^a'lSo.

149

Cnimellseillf. —lat mortgage
Turtle Ci-cck division
Ist
do
Consol. mortgage, (guar. B. & O.)
' JPlymmilh. Kunk. .1 i'o*.— 1st m.
($3,600,000)
'JPortHurmt rf L. JfiWi.— Ist mort., traf. guar
•'JPorllautt d (>yde»sb.—lat mort., E. D., gold
New mortgage (for $3,300,000)

a

filttb.

•

[J>ne 24, 1876.

guarantees

of these bonds; balance in default. Decree
of fale made. {.V. 20, p. 291, 453; V. 21, p. 73; V.
22, p. 691.)

J.

due and not presented, $99,500; bonds paid
$50,500.

off,

(V. it, p. 15.)

Rockford, Rock Island it St. Zoi/i».—Sold in foreclosure August 16, 187.5. for $1,320,0(X). Re-organized
as the St. Louis Rock Island A Chicago, {y. 21, p.
87,

110,

V.

160, 186, 207, 2J1, S45. 319, 39", 458, 489;
0, 375, 448, 46J, ^87, 513, i36.)

$.5(X).000

22 p. 135, 182, 3

Portsmouth, Great Falls S Conway.—Opened in
1872, and is leased by Intern Railroad, Massachu-

in V. 22, p. 493, shows gross earnings in 1875 of
81,1 j7,844; expenses, $8-5,535; net earnings, $282,23.9.
The Lake Ontario Shnre Road has been con>oli-

setts.

Providence dk Worcester.— T^et earnings year ending Septumber 30, 187S, $230,278; floating debt,
$1,370,0.0.

Meading

(V. 21, p. '59l*.)
<£

CiAumbia.-TMa road is operated and
A Reading Railroad.

controlled by the Philadelphia
Floating debt, $ ,093,494.

Heading

Lehigh.— TYtXa was the Berks Countv
road; sold out, and leased to Philadelphia A ReadInj, March, 18r5, for 99 years. (V. 2J, p. 63, 267.)
ik

Rensailaer it Sarat/ga.-Lenised

May

1,

1871, to

Delaware & Hudson Canal Company, which pays interest on bonds and 8 per cent on stock. In 1872-3
the net surplus te lessee was $201,597. (V. 20, p. 244.)

Richmond

A

Danwife.— Gross earnings 1874-5,
This company leases the
Nurthcaroliua Railroad and the Piedmont Railroad,
and forms a through route with the Atlanta & Rich$923,(15;;

net, $32:1,447.

mond

Air-Line. 'The Penn. Railroad owned $600,000
stock of the Richmond A Daaville. and took (1,000,000 of the new bonds at 89. (V. 'iO, p. 8, 291 5 68
V. 81, p. 614; V. 22, p. 180.)
,

Richmond, Fredericksburg

A Potomac. — Gross

earnings, $382,298; expenses, $180,049; net camicgs,
$2.2,24i (V. 2i,p. eia.x

Richmond
ending Sept.

it

Petersburg.—Otosa earnings year

30, 1873, $16t,t«3S: net, $78,231.

Bonds

Rome, Walertcwn

it

Ogdmsburg —The

last report,

dated with the Rome, Watertown A Ogdeusburg,
and is in progress to Niagara.
(V. 19, p. 169; V,
20, p. 8, 16.3, 3 1 1 V. 21, p. 442; V. 22, p. 493.)
;

JJ«(ton(i.— Leased January, 1871, to the Vermnnt
Default
Central. Terms modified in July 1874.
made on rental, and lense again modified. (V. 19, p.
120; V. 20, p. 186; V. 21, p.

185,

190;

V.

2*, p. 809.)

Denver Ciip.—The roail was sold in
foreclosure Nov. 4 and 5, 1S75. (V. 21, p. 4D, 418;
St.

Joseph

it

442, .503; V. 22

.

p. 234, 297, 415.)

dt Terre Haute.— 'Vtm mahi line—
St. Louis— w..s leased June, 1867,
St. Louis at 30 per
for 90 years, to Indianapolis
cent of gro.<8 eandngs up to $;,000,OCO (but in no
year to be less than $4.50,000). in ls75 gross earnIs
1874.
ings were $1,019,837, against $1,864,136
St. Louis,

Al.it

Terre Haute to I.

&

m

I87i the company paid three years' dividends
preferred stock in the same, iiicrcasmg salt! stock
$4i8,4i:e.
The Belleville Brunch and
earned net in 1375, $103,661. (V. 20, V571; V. 21, p. 64; V. 22, p. 351.)

on
b{

Extension

380,

546,

<t Southern.—Qtom
St. Louis, Iron Mountain
earninzs, 1875, $3,8.2,941; net, $1,B13,«81. Consolidation was made in 1874 with Cairo A Fulton
and Cairo, Arkansas A Texas. In March, 1875, the
company is'ued a proposal to fund th ee coupons
on all bonds except the old firsts, which has been
substant ally carried out. (V. 20, p. »44, 616; V. 21,
p. 614; V. *i, p. »0», 3a«.)

.

June

..

.

RAILROAD STOCKS AND BONDS.

24, 1876.]

Sabacrtbers will confer n (treat

Avar by Blrln« ImnedUta

DESCRIPTION.

MUea Date

o{
lietidinKa, &»., (too uotcB
ut the Ucivd of tlrst page of tablcH.
Rood.

Kayims City it JV.— Btocfe ($12,000,000 pref.)
1st inoi'tKagc (North MisHomi)
Real estate and lallwiiy 2d niort. (for $3,000,000)
SI. Louis, Lawrence c6 Denver— lut niort., gold
St. Louia t£ Smttheustern — Ist in., pold, conv. b. fund
Consolidated niortgaKC, K"ld, sinkliis fviud

582
354
364

Stock
Sacramento Valley,

Oal.)— Ist mortgage
Satiflusky, ilansjield <4 A'eirarfe— Reorganized stock
Ist mort.,

new

Savannah <i Charleston— C. & B., guar, by 8. C
Funded int. bonds, 8. & C. RR., guar, by 8. Car..
Ist mort. Savannah & Charleston RR
Savannah it Jfemjihis—lHt mort., end. by State

& Tennessee RR
General mortg.age for $,'j,0(K),00()
2d mort., Alabama
<t

Muscogee RK, bonds, convertible at 87^
Springfield, A thol it N. B. — 1 st mortgage
Sterling Mountain (AT. T.) — Ist mortgage
Stockton tt Copperopolis— Ist moit. (guar, by
Syracuse, Binyhamton dt N. Y. —Stock
Ist mortgage
2d mortgage
Syracuse fforlhern.—lat mortgage
Summit Branch (Pa.) —Stock

(for

$1,600,000)

i',6do

1869
1853
1868
1869
1870

1,000

100
50
.500

100 Ac
500
1,000

50
100
1870
1869

i',6do

1,000

50

28
45
40
32
50
50
105

1871
1864
1871
1869

122
124

1871
1871
1871

1865
1868

1865
1875
1875
1856
1867
1871

7
30
81
81
81

45
20

(V. 19. p. 584.)

Savannah <t CAar&sftm.— Interest in default. Road
in hands of State Comptroller. (V. 20, p. 453, 491;
V. 21, p. 16.)
Savannah it ilemphis.-Tbe road was in progress,
bat became embarrassed after the crisis of 1873, and
passed interest. A funding proposition was offered.
rV.l»,p.8S6.)

1,000

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

I*-

&

8r.

««
7
7
7

7g.

V7

6g.
7g.
3'8

dk

Shcmwkin

7
5

2,000,400
1,400,000

4
7
7

270,000
500,000
4,125,000
1,200,000

7

dt

M

668.)
Maine Central.

South Carolina.— GWfS earnings in 1S75, $1,2M,302; operating expenses, $780,7»7; net earnings.
$i48,57t (a decrease of $66,881 from 1874.) Annual
report in V. 82, p. 398.

South <fc yorth ^iaiamo.— This road is leased and
operated by the Louievllle A Nashville, which gaai>
antees the bonds. Preferred stock, $1,900,000. (V.
18, p. Bsa.)

Long Itlaad.—Tbia

is

do

Kib.. I87<b
July. I0OI
June. 1884

do

aty

Nat. Bank.

do
do
Oct.. llOB
N.Y.,N.Bk.ofConrrce. Aiir. 1.1 8S9
N. H., Nat. N.H. Bank.
Jan.. 1H7«
do
do
Sept. I. 1880>
N. Y., N. Park Bank.
Jan. 1. liWa:
U. 8. Treas., at uiatiirily Jan. 1. IWa
N.Y., Metiopol. N. B'k.
do
do
Nov., IDOl

Mav. 1871
1882 to '8»
1882 to '88

^J
•

me

IS86
1872 to -76

Macon.

.1.

M

South Iowa

wa to Cedar

successor of

<C

Cedar Bapidt.—& progr sss. OttiaK

Rapids. la.

SoulAem Uinnetola.—K foreclosare was »gnei
upon by mortgage bondholders. Land grant Is aboak

Fcbmary,

in July, 1878.

Southern. <^

PliUadelphia.Treasiirer.

N. Y.

South Side, and operated with Flnshln^ N. Shora
Central nnder one management.
There are alsa
$60,000 6 p. c. mortg. boDOS on Rockaway Branch,
and $64,300 7 p. c on Beuthcm Hempstead Branch.
Southern Central.- -Vomuitn extension Into Neir
York State for Lehigh Valley, which company an*
dories $400,000 of second mortgage bonds.

40.)

Somerset.—This roadjs leased to

I. IflTft
I, ISA*.
1, iraif

1893

Pacific.— This Is one of the United
States Govcmment subsidized roads. For year end319,819, and
ing' Jnne 30, 1874, gross earnings were
net earnings $56,115. Pays 7 p. c. on pref. stock,
O. (V. 82, p. 545.)
$11)9,800, Bcini-annually, A.
Sioux City it St. P.iw<.— There are also tS03,(KI0
mort. bonds, $146,000 equipment and $286,600 Income bonds. Net earnings In 1«75 were $75,746.
Lands unsold, 5«5,215 acres. (V. 20, p. 544; V. 22,
p.

Jan.
Jan.
Apr.

.1.

Interest in default

A

do
do

7

Northern Central at 7 per cent on bonds and
6 per cent on stock.
Sheboygan <t Fond du Xoc.— This is one of the
Wisconsin roads in progress In 1873 which went to
default. A f undinir plan has been offered.
Shenango it Alleghany.— 'i'\iis is one of the leased
lines of the Atlantic & Great Western, on which
The net earn"rental trust bonds" were issued.
ings 1873 were $86,S6I.
Shore Line.— Leased to New York & New Haven
at $100,000 per year. Old stock was exchanged for
Sioux City

do
do

•T.

VV-

(V. JO, p. 6.^, 891. 571 : V. »1, p. 18.)
1,790,000 acres.
Southern Paeljie ( CM.)— This road I* bi pio
as;
built bv a Constniction Co.. and controlM
Central' Pacific parties. The stock ls$K.41«J0£
In 1874-5, on 161 miles operated. Iba groas earainia
wen! $1,230,951 gold, ana net earnins*. $710,461 gala.
(V. 21. p. 160. 881, 61 1 ; V. S2, p. 481. flS.)

gm

1863, to

new

ti«|it.

ime
ISM
I. 18W

Jun.1.

A J. Boston, Eliot Nat. Bank July 1. '83 10*98
New York.
A
188S
Jan.. 1900
A J. N. Y., Central l'a<^llle.
Dee. N.Y.,D.L.AW.RB.Co. June l.\ 1876
do
do
A. A O.
0«-t.
1. 1876
do
do
June. 1887
& D.
N.Y.,Fanner»'L.A T.Crt. July I. 1901
J. A
F. A A. Plillatlelphia A Boston. Feb. 16. 187«
J. A J. N.Y.,Farmer8'L.A T.Co. Jan 24. 1878
do
July. 187ft
A. A O.
do
J.
J.
J.

Dalton.—TMa was formerly the

Valley Jt PottsiWe.—ljcaacA

New York Office.

Various
Various

7

7
7

Tennessee River.
and road to be sold. (V. 19, p.

N.Y.,Bodd«y, Bell ACo.
N. Y., II. Clews A Co.

lH7a

I.
lH.t«>

New York.
A J.
A O.
do
Oct. 1. IQOaCharleston.
A O.
AprU. 1801
do
J. A J
1880 A 189a
J. A J. N. Y.. Drexel, M. A Co. Jan. 1, lS9a
M. A N. I.<m>lon. Baring Bros.
M. A 8. N. Y., GuUuUu Nat. B'k Mar. 1. 188T
do
M. A N.
do
Mar 1. 190O
M. A N.
do
do
Nov. 1, 1870
F. A A. N. Y.. Vermllye A Co.
AufC. 1, 1890
M. A 8.
do
do
Mar. I. 1883
M. A N
May 1, 190a
A. A O. N. Y., P. M. Myers A Co.
1*78 to 'sa.
du
du
J. A J.
1890
J. A J. N. Y.,C. P. Huntington. April 1. 19001
M. A 8.
Mnr. I. 1900.
J. A D. Savannah, Cunt. RR. On jiuir3o.

A

Rome

Jan.'.

May
Trad. Bk.

A.
A.

A

Selma,

A

June. 1891,

7
7
6

5(K»,000

800,000
800,000

Philadelphia, Offirc

N. Y., Imp.

J.
J.

i«-

350,000

?»

N. Y.. E. Kelly A Co.
July V."lS7».
IstN. Bk.,8i>ndiuiky,0.
Oct. 1. IOT&.
N. Y., Union Trimt Vo.
July. IttOtt
Cliarleston, 1st Mat. Bk. March 1, 1977
New York,
tl<l>l. 1. I8M
do
Juu. I.'IW*
N.Y.. Lanoaater,B.A Co. May I, IHMk

Q.-F. Charleston, 8.W.RH.B'k
London.
A J

1

41(i,000

1,988,1.50

London.
do

7

1,000

50

Bk of Com'ree Julrl,im»

1878 to
J.
J.

A J.
A 8.
A B.
A J.
AN.
8K.
2>9
A J.
4
A N.
7
A J.
A. A O.
8
M. A 8.
8
J. A J.
7
8
J. A J.
7
A. A O.
F. A A.
3
J. A J.
%^- J.
A D.
A. A O.
8
A. A O.
7
4
J. A J.
?
M. A a
J. A J.
6
J. A J.
6
M. AN
V- M. AN.

100 Ac.

1,000

k,

A
A

8

10
2
7
6
7
7

500 Ac.
100

"

1869
1873

F.

J.
J.

ReadSehuylkVi Foifsy.— Leased to Philadelphia
ing, with 10 per cent dividends.
Se<d>oar<l <t ffoonofe.— Net earnings year ending
M«rch 1, 1875, |181,162. Report V. 21, p. 276.
Oul/.—The proposed line was Selma to
Setmi
Pollard, 100 miles. Interest in default.
Selma, Marion it Memphis. -VetauHed lS!i. Receiver. May, 1876. (V. 19, p. 366; V. 2J. p. 4i7.)

Alabama

«<arir«-Laa»
Ulvldrad.

du
do
Hrt^. 1. ISO*
N.Y.,NBtBkof (Viin'rro
M. N. Y., U. Opdykn A Co
Nut.'. lAM
du
A.
du
AiiK.. turn
3.
do
do
July I. 1*«»7
J. M. Y., TbiTd Nat. Bank
Jan. I, \mir
N
do
do
May 1, Irtua
8. N. Y., Manhattan Co.
IKil2
iHlej
J. N. Y., Drazel, M. A Co.
V.
do
1I1I»2.
do

A
A
7
A
7
M. A
8
M. A
7
A
7
A
A N.
AM.
I*M.

V-

14,346,000
625,000
3,892,300
399,000
300,000

"

"80
73

7

1,2.52,000

1,000
1,000
1,000

N. Y., Nat

7

6,000,000
1,000,000
1,020,000
3,250,000
21,000 p.m.
1,000,000
1,899,000
2,600,000
120,000
700,000
1,200,000
3,000,000
6,000,000
15,000,000
2,116,819
2,400,000
400,000
1,050,356
2,301,000
605,000
111,800
500,000
16,000 p. m.
576,050
1,278,400
210,000
16,000 p.m.
16,000 p. m.
838,500
241.000
3,000,000
869,450
1,994,000
750,000
694,000
795,000
1,000,000
200,000
1,629,000
1,628,020
500,000
1,240,000
450,000
5,819,275
1,483,777
959,500
917,000
1,096,500
64,000
391,000
5,355,000
750,000
1,500,000
500,000
1,500,000
600,000
1 ,500,000
3,340,000

50

.'

—

iSco.

"ido

48'« 1871

—

500

ioo
1868 Various
1868
500
1872
1866
600
100
1868
1870
1,000
1873
1867 500 Ac.
1870 5<K) Ac.
1874 500 &c.
1.000
1869
1872 100 &e.
1870
1868
1,000
1868
1,000
1870 500 Ac.

183
183
57
57
69
116
116
87
170
170
386
24
257

.

C. P.)

Half the s^ock
St. Louis, Kansas City <fe N'orihem.
is pref., K) per cent yearly, but not cumulative
Gross earnings iu 1875, $2,(>13,8:i.3; net, $517,'279.
Floating debt. $l,tif6,77*i, to be retired with second
mortgage bonds. (V. 80, p. 475, 571; V. 21, p. 160;
V. 23. p. 542.)
St. Louis, Lawrence cfe Deni:^.
Leased to Pacific
of Mo. A decision of much iPterest to bondholderB
of leased roads was rendered by Judge Dillon in a
suit against the lessee for interest, but that suit was
diflcontinaed, and another brought iu name of Trustees. (V. 19, p. 377; V. ill, p. 372.)
St. Louis <fe SoiUheastern.-l^ default and in hands
of receiver. Sec report at length in V. 22, p. 180.
(V. 21, p. 137, 418, 442; V. 22. p. 88. 180, 591.)
St. Louvt, Vandalia tfc Terre //a«fe.— The com.
stock is $2,.378,450, prof. $l,451,7i!0. This road is
leased to Terre Haute & Indianapolis at 35 per cent
of gross earnings. In 1875 gross earnings, $1,006,2^0.
Bonds guarauteea Dy Terre Haute & Indianapolis,
by Columbus, Chicag.i & Indiaua Central, and Pittsburg, Cincinnati & St. Louis. (V. 82, p. S 20.)
St Paul it Pacijk.— The bonds are nearly all held
abroad, and sn agreement for re-orsanization was
made by Dutcli boudholders Nov., 1875. (V. 21, p.
188, 245, 442; V. S2, p. 88, 159, 209, 231.)
St Paid it S'.oux (7J«y.— This company has 756,992
acres of laud unsold, la 1875 the rate of dividend
on stocks was reduced, and $1,!*20,00;) mort. bonds
Vere made, and are mostly deposited as security
for the Bt ck. (V. 20, p. 644, 516; V. 23. p. *'7o.)
Sacramento Valley.— BonAn fell due July 1, 1875,
»nd5p.c. notes offered in payment. (V.21,p. 13,159.)
Sandusky:, Mamfldd it Newark.— Tii\i road is one
of the Baltimore & Ohio syftemr, it is leased to the
Central Ohio, and the lease guaranteed by Baltimore

A Ohio.

18S5

242
242
242

Sunlniry it Lewiston-lst mortgage, gold
Terre Haute & Indianapolis—Sitoiik
Ist mortgage
Bonds ot 1873

121
121
49
116
116
101

5<X) &c.

—

.

Sic.

1,000
1,000
1,000

"28

l'otlsoille—Stoc^^

1st m«rtgagc, gold, on road and lands
Sheboygan it Fond du inc— let mortgage
Ist mortgage e.^tcnsion
Shenango <* A lleghany— Ist mortgage
Shore Line (Conn.)— Htock
1st mortgage, ct)nstruction bonds
Sioux City (C Pacific— 1st mort gage
2d mortgage (government subsidy)
Sioux City St. Paul Ist mortgage, gold, I'd grant
1st mortgage, cuiTciioy for $2,100,()00
Somerset— XM' mortgage, gold
South Carolina— fitoc^i
1st mortgage, sterling loan
dollar bonds, (L)
do
2d mortgage (for $3,000,000)
Domestic bonds (1)
Domestic bonds (K)
So. ti No. A labama—\at mort., endorsed by Alabama
Sterling mortgage, guaranteed by L. & N
Southern of Loiig Island— 1st mortgage (S. Side)
2d mortgage 8. Bide (Ist mortg. s. fimd)
Mortgage bonds Southern of L. I
Southern Central (N. y.)— 1st mortgage
2d mort. gold ($400,000 end. by Lehigh V. RR.)..
Southern, Iowa <£ Cedar Kapids— le,t mort., gold
Southern Min nesola— let mortgage
2d mortgage
SouthernPaclftc (C'al.)— 1st mortgage, gold
Southern PeHnsyloania-lut mortgage, gold
Southwestern (Oa.)— Stock, guarant'd? per annum.
Company bonds, convertible into stock at par
(f-

I'odo

500

1862
1804
1868
1871

40
50
100
100

Selma, Marion <£ Memphis— let mort., end. by Ala.
Selma, Home A i)n(to)i— Ist mortgage

1,000
1,000

250
207
370

40
23
80

Seaboard <* ifon/io/te— Stock
Ist mort gage
Selma <t Out/— lut mort., guaranteed by Alabama.

Valley

1872
1807
1867
1868

idi

Sehuylkill Valley— Uocii

ShamokiH

60^71

158
10
80
80

(

paLWhea Daa^

$100 $24,000,000
1865
1874

210
420
«8
158

EvanevUlii, Henderson & Nashville, 1st niort.
SI. Louis, Vandalia <f- Terre Haute— ^ at m. s. f. guar.
2d uiort., sink, fund ($1,000,000 Knar.)
St. Paul <t I'aciJic—l\rniK\\, 1st nioit., on 10 milea..
Ist nujrtKafCc, St. Paul to Bank Kapids, 80 miles..
2d mort. on 80 ni. and Ist on 1. Rr. of 307,200 acre.
Ist mort.. West or main line, land grant
2d mort., West or main line, land grant
Ist mort, St. Paul & Paeiflc land grant
£1. Paul <£ Sioux Citi/—Pret, stock, various issues

Size, or

mar arror dlMov*ra« la tiMM TaMva.
INTEREST OR DIVIDKNIM.

Amonnt Bat« per When Wbere Payable, aud by
of
Par
Bunds Value. Outstanding Cent. Payable
Wliuin

For explanation of column

81. L.,

no(I«r of

XZVII

J

by

Southern Penntytrania.-Thir is a mining and nil*
road company, re-organlxed in 1878 after forecIosnvQ
nnder second mortg^^. The road is leased by til*

Cnmbcrland Valley.
SoulAUKSIern wwwiyio.— Leased to Central Geotfltk_
Dividi-nds 8 per cent a year to every 10 per cent mk.
Central Georgia stock, bnt 7 per year N gaaraatasdi

*

Northeaslerit.Sprlna/lsld, Alhoi
1874-5, V!l,<^f». (V. «l, p. 690.)

-Net eanlaoik.

Steriing i'ountaln.—Vutt ot road and tinilnmwik,
$S0i,468. Ilelearnlnjs in8-l$I5.«7S.
Stockton Jb Copper mo i<.— Defaalted July. 1874,
and old bonds of $1,000,000 exchanged for prnsnnt
(V. 21, p. 159. 160. 816.)
Syracuse, Blitghamtm
Xew Tort. Operated b*
Del. L.
W. Dividend In 1875. 4 per cent.
Syracuse XortAem.—So\i in foreclosare July, isnk

A

A

—

nnderaSdmortgageandboaghtforR. W. AOz. (vT
81, p. 160, S«9.)

Summit BnuicA.—This Is a
Lykens Valley. Ni-i e: mines

coal road, and
in I87S, $4t8,8<l.
1

tL

Sunbiuy <C Z>irirfon.— Sold March, ISIS. (T.
p. 56, 111, 8S4, 8S7, 897, 418.)
TVrrt gatrfs Jt jarflmimBflf.— Annual r enort InV.
SO, p. 498. 'Net aainlngs kt 18r4,

$»» OU

$882,181 in 1873.

-

;

RAILROAD STOCKS AND BONDS.

CMn

.

.

unj 24,

[

IS?-*.

Subverlbers will confar a ffreat fkvor by Kl^Inx Immediate notice ot au]r error diacovered In these Tables.

DESCRIPTION.
'

For oxplanntiou of c<iluiiin headiugg, &c., sec
at tbe head of fli-st page ut tables.
Texas

2d
I

I'aci/le—list

it

Par

'.

(

stmk

(7

Ilt)i2'

\

227
10

24
628

per cent yenrly, cumulative)..

mortgage (Toledo & IlUuois)
mortgage (Lake Erie, Wal)a8h & St. Louis)
-.l8t mortgage ((Jreat Western of 1859)
T*t mortgage (Quiiicy & Toledo)
Ist muitgage (Illinois & Southern Iowa)
ad mortgage (Toledo & Wab.iMh)
.2d mortgage Wabush & Western)
2d inortgaKe (Great Western of 1859)
'Enuliniicnt bonds (T. <t W.)
Ist

(

•

Consol. nnvrt.. (on all except St. L. Dlv.) couvert'e
Cd cousolldated mortgage, gold
-"1st mortgage. (Decotur <fc East St. Louis)
- Haiini bal & Naples
Ist mortg age

—

do
'

2d

*io

do

Lafayette, Bloomliigton, & Miss.— 1st mort
Lafayette. Muncic & Bloomiugton, 1st mortgage

'Vroy

rf

$1,000

ioo
100
100

II6I3 18«e
110?! 18«i-l

,l8t

-

1872

247
247
247

mortgage (W. IMv.)
mortgage (E. Div.)
^ 2d m4irtgage W. Dlv.) couvertiblo
t:on8(iIiaated mortgage (for .$6,200,000)
XfX mortgage {Biu'lliigtoii Div.)
'Tulcdo, Tiffin it iiVw/.—lst mortgage
Xoledo, Wubash <t Western Stock

Ufw/on— stock

ist mortgage, consolidated
CoHvertil^le bonds

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

180G
1870
1871
1872

"75

18.53

167
177
29
27
75
167
180
242
525
628
109
43
43
82
37
35

1853
1865
1865
1862
1858
1858
1*59
1863
1867
1873
1869
1868
1870
1871
1871

35

1874

"ioo
100
1,000
1,000
1,000
1,000
1,0(X)
2.50 &c.

100 &c.
1,(.K)0

100 &C,
1,000
1,000
1,000
1 ,()(X)

1.000
1,000
i.'ooo

100
1,000

500 Ac,

:..

Tro« Union— 1st, mortgage, guaranteed, Troy City

— Ist mortgage
VntOH racljic —Stwk

Ttickert^in

29

.-

500 Ac
100

1871

1,038
1,038

Jst mortg;igc, gold, on road and equipment
1866-9
do
:2d
(government subsidy)
'3d
do
on roiul (2(1 on lauil), aiuking fund 1,038 1874
Land giant bonds on 12,0<M>,000 acres
18{>7-9
Omaha bridge bonds, sterling, i}5lX),000
1871
Vnion I'aci/lc, Central Branch— lat mort., golA
100 1866
2d mortgage (government subsidy)
100 '06-7-8
Vuitcd X. J. lilt, it Canal Companies—iiti>cV
General mortgage, coupon
1«71
United Co.'s mortgage, sinking fund, registered.,
1871
do
sterling lo.in mortgage, sinking fund
1871
do
do
do
do
do
1871
dollar loan, mortgage
do
1871
do
bond to State of New Jersey.
1S71
Joint Co.'s uuntgage, sterl'g, s. fd. (.£138,5()0).
1834-7
plain bonds
do
do
do
do
consol. niort. (siuk'gfinid after 1880)
1862
N. J. UR. & T. Co., 2d loan (now 1st), plain
1868
do
do
yd loan due State of N. J
1868
'Viah Central 1 st mortg.igc, gold
361-2 1870
*XTtica ȣ Htaek Iticer
Stock
75
Ist mortgage bonds of July, 1808
75 1868
Mortgage bnndg. 2d issue
1871
'67 1872
Vtiea, llliucu <0 £^»iir«— 1st mortgage, sterling
TaUey(ra.)
.
1873
"73
Yermont Cun:.tda Stock
Bonds, guaiautecd by Vermont Ceutrul
1871
Mtesisiiuoi Railroad bonds
1871
Termont Ccntrai— 1st mortgage, consolitiatcd
1S66
2dn»)rtgage, consolidated
1866

—

.

(u(>t

eudoitsed)

funding mortgage
Yermont d- ilassachunetlsStock
Ist moi'tgage (sinking fund $7,000 per year)
Convertible bonds
do
do

1,000

4S6.)

Toledo, Peorl

& TTarMW.—Interest

i

Passed into

1^7S.

in default
receiver's hands

Foreclosure suits commenced IfcVj.
372, 505, 59.', 614; V. 23, p. 159, 497.)

18'i4.

(V. 21, p. 160,

Toledo Tifin

dk

East.— In hands of

mortgage

tnistees.

Tdled , Wabish A Wfstera.— Operations for four
jeara compared as follows
Gross
Operating
Net
;

earnings,

I87S

$5,7.58,807

1K9
IKl

6,018.978
5,736,B6«
4,544,641

expenses.
$4,4 7,3?8
144
3,776,823

4,36.-),

earnings.
$1,331,429
1,613,834
1,959,83S
1,308,370

3,2;36,265

default was made on interest and a funding
'Tob.
.-proposition offered, but not accepted.
Mr. J. D.
Cox, the President, was appointed receiver Feb. 22,
1875. Sold under consolidited mortgage June 10.
.•1»7».
(V. 21, p. 16, 64. 186. 261, 821, 34i>, 49n, 604.
613; V. 8i, p. 88, 182, 200, 831, 305, S44, 375, 4>'5, 545,
1, '75,

•

•

.

.

.

Troy A Biet/m.-VfUli leased roads forms a Inie
from Tioy, N. Y.. to North Adams, Mass. In 1873 74
gross earnings were $5«i,310; rperating expenses,
There are a few of old 1st and 2d mort!|a83.?79.
- a^ge bonds yet onts'anding.
3Voy Pnion.— A short rjad in Troy city. Bonds
Issued by city and guaranteed by sevvral roads.
Tuckertm.-Vtom New Jersey Southern Railroad
to Tuckerton, N. J. Net earnings 1873, $7,759.
Union Paci/fc.— Gross earnings in 1874 weie flO,689.880; net earnings, $5,907,585; gross earnings in
1676 were $11,11)3.832, and net earnings $7,011,784.

$8,000 p.m.
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

100 &c.
1,000

500

.tc.

.000
1,000
1
j

!

100 &c
100 Ac
100
100 &c
500

6g.
Og.

J.

&

D.

7

F.

&

7
7
7
7
7

J.

A.
D.
O.

&
&
M. & N.
D.
J.
A. & O.
312 M. & N.
7
F. & A.
F. & A.
7
7
M. & N
7
M. & N.
F. & A.
7
M. & N.
7
M. & N.
7
M. & N.
7
M. & N.
7
7
Q.-F.
?«• F. & A.
F. & A.
M. i N.
7
7
J. & J.
7 g. F. & A.
7g. P. & A.
F. & A.
4
J. & 3.
7
M. & 8.
7

.

1 ,500,(KI0

1..500,000

500,000
3.0!»,000
1,500,000
1,300.000
444,100

York, Co.'s ofllce.

do
do
do
do

1870

51.

A.

&

A
&

2'3

M.& 3.
& O.
& S.
1
& S.
P. & A.
Due 90
7
& A.
«g.
F.
A.
6
J. & D.
M. & N.
6
F. & A.
A. .k O.
7
6 g. J. A J.
<t D.
3
& J.
7
7
te J.
& J.
7S.
"4'
J. & D.
J. & J.
8
J. & J.
7
M. & N.
7
J. & D.
7
M. & N.
8
J. &
7
6

N. Y., Metropolitan B'k,

do
do
do

do
do
do

<io

do
do

do

N. Y., Office of Co.
Winslow, L. & Co.
N. Y.,Ofticeof Co.
do
do

do
do
do
do
do
do
Troy, Company's Office
N. Y.,Nat. B'kof t'om.
do
do

do

ill)

Phllndelpliia, Office.

do

.\..

g. M.
^'- M.

'.

<fc

•

.

7
7
8

2,
1,
1,

1873
1890
1890
May. 1893
Nov. 1, 1890
Aug. 1, 1882
Nov. 1, 1878
Nov. 1, 1878
May 1, 1893
May, 1883
Feb., 1907
Feb., 1893
Aug., 1889
Nov. 1, 1888
July, 1890
Aug., 1901
Aug., 1901
Feb. 1, 1876
1894
1882
Nov.
Aug.
Aug.

1,
1,
1,

1, 1910
July 1, 1876
1896 to 1899

April

A.

i

2«7, and government reporr to June 30, 1875,
V. 31, p. 467.
The annual repurt gives no
general balance sheet nor laconic account. -Dividends at 6 i)er cent per year were begun in July,
and increased to 8 per cent October. 1675. The
United Stages Attorney-General has a suit pending
for $1,010,056 against '.he company as 5 per cent
or its net earnings. (V. 8?, p. 314, 358, 40.5, 453. 493,
523. .'i47, 586, .^94: V. 31. p. M, 105, Ua, 3fl->, .372. 467,
636; V. 32, p. Ill, 182, 3J4, 25 7, 400, 413, 471, 545.)
p.

Union Pacific Centril B onoA.—This was formerly
the Atchison & Pike's Peak road. Interest in default Tince November, 1873. Gross earnings ;874-7-5,
$11.3,519; expenses, S1J3.183.
(V. 17, p. 588, 9iH; V.
20, p. 8,314; V. 21, p. 612; V. 22, p. Ill, ^45)
United Ne)D Jerwj Railroad & Canal Companies.
—'1 liL Camden & Amboy Railroad and brunches,
Delaware & Rnritati Canal, and Nrw.Tcrsev Railroad
form the United Companies of New J.rsey. They
were leased to Pennsylvania Railroad, Oct 30, 1871,
at 10 per cent on stock and assumption of all liabilities. In 1871 the gross earnings were $10,131, <88;
operating expenses, $7,098,449; net, $i,933.039, leaving a loss to lessees of $.31,1(11 after paying interest and dividen-ls. The loans due in February, and
April 1875, were paid off and bonds of 1871 increased
by $3,3CO,000, issued in London.

In 1872-3

Oct.

Philadelphia.

Feb.

daj's after

1,
1,
1,
1,
1,

1!)01

1894
1894
1894
1888

demand.

Louilim.
Philadelpliia Offitc.
Princeton. N. J.

1880
1, 1878
1, 1889
Philadelphia Office.
Nov. 1, 1889
N. Y., B'k of Commerce. Aug. 1, 1878
do
do
Overdue.
Salt Lake City.
Jan. 1, 1890
Utica.
June, 1876
Utiea and New York.
July, 1878
di>
do
July, 1891
London, U.S. King & Co. Jan. 1, 1902
Baltimore.
Boston, E. Blake & Co.
Boston.Nat.Bk.of Kedm
Boston, Globe Nat. Bk.
Boston, N.it.Bk ot Eediu

,

J.
J.
J.

Mch.
Mch.
Mch.

do
do
do
do
M. <fc N,
Girard
J. .t J Phila
d»
J. & J,
J. & J Phila., Girard
do
A. & O
do
J. <fc J

6

The percentage of operating expenses to gross
earnings was 41'51 per cent in 18:5 and' 44'03 per
cent in 1874. Land sales in 187.i, 111.(49 acres at
Total sales to Jan. 1,
S3 66 per acre, or$40l,4Ui.
1876. 1,082,893 acres for *.'i,3.36,OI4.
Land notes and
contracts on hand, J.iiniary I, 1876, $3,0:2501.
The suit to recover for Government transportation
was decided by the Uidted States Suprem-^ Court
in favor of this company. Nov. 2J, 1875, including he important ruling that interest on the Gove'hment loan is not i ayable till the prin'-ipal is
due in 1896-99.
Abstract of last report V. 33,

dp
Loudon.
do

do
do
do
do

.1.

.214

7

do
do
do

do
do
do

6

150,000

June

N. Y., Ofllce of Co.

Cg.

7

May

1896
1894
1886
1910
1901
1902

U.S. Treas., at i;'.aturity.

8g.
6g.

2(J0,000

Dec.
April

1,
1,
1,

New York and Boston. Mch. 1, 1894
Ac
O.
do
1887
O. I.ondon, L. & 8. Fr. Bk.
April, 1896
N. N. Y., Company's Office. May 1, 1895
U.S. Trcas., at maturity. 1896, '97, '98
Phila. and N. Y. Offices. April 10, 1876

A.

7

do
do
do
do

Fell.

April

J.

M.ct's.

145,000
1,162,700

Xnah Central.— %&\t Lake to Ogden.
net earnings were $206,358.

&

8

8
7

2,860,000
550;000

New

A. &'o. Phila., Safe Deposit Co.
Q.-J. New York and Boston.
J.

7

l,.5O8,60O
717,.500
850.0(X)

2I7,4<K)

Dividend.

New York & Philadelp'a

iSc

2
Og.

,600,tK)0

1

A.

6
7

6

19,890,400
5,300,000
2,000,000
1,816,000
1 ,800,000
154,000
500,000
670,340
1,700,000
880.000
5,000,000
450,000
100,000
1,000,000
1,770,720
200,000
907,000

y.'oH^^s— Priuoi
pal. When Duo.
Stocks— l^ast

Jan.,

6

3,000,000
Ac.
&c.
&c.
&c.

I

27,236,512
14.256,000
7,550,000
2,400,000
1 ,600,000

3,000,(H)0

500
500
100
100

1,000

Gross earnings, H7.t fi, 81.5'8.4!il; operating
expenses, tiSt.yiS; net iamina3,SW3.5, 2. (V^. lil,
p. 397; V. aO, p. 6J; V. 81, p. 229, 344; Y. 21, p.

691.)

1,000

1,600
100

.54)0 .tc.

1865

Iiany.

1370

1,000

186/

'

T&riw ift PacifJc.—.\. history of the company is
;^ven in itie aniinal report in Chronicle, V. 5J1, p.
'S29. Lnnii grant bonds hart been is-ueri, but new
arrangements were made with the construction com-

February,

100

I866JOI

1ST2
1866
1860
1866
1866
1871

6l>ecial loan,

December,

1,000
£:i00
1,000
1 ,000

—

'Equiiuiicnt loans
Stansteaii. S. & Ciunnbly b(mds
Tnconie and extension bonds (to pay Hoat'g debt).
Yieksburr/ <C Meridian— 1st series (re(l endoi-scd)
2d series (blue endorsed)
Sd do (black pu dorscd)

4th do

1,000
1,000

—

it-

INTEREST OR DIVIDENDS.
Amount

Rate pel Wben Where Payable, and by
Outstanding
Payable
Cent.
\V horn.
Road. Bonds. Value.

321

Ist
Ist

Preferred

Size, or

of

gmd

preferred
2d preferred

-

Date

of

IKamair— Stock

<£

J St
-

Miles

mortgage, gold

iiiut*tgage. coufloUdHtod.

ToUrio, I'toria

notes!

& O
& J
& J
& J

Boston,

Nat. B'k

do
Nat

Office,

do
do
do

do
do
do

June

1872
1891
1891
1886
1891
1876 to 1889
Jan. 1. 1887
1902
Jan. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
1880
Apr. 7, 1876
July 1, 1883
July 1, 1879
July 1. 1885

July
Jan.
Nov.

1,
1.
1,
1,

—

&

Xflica

B'k,

do
do

Feb.
Jan,

Bl^ck Piver. Gross receipts 1374-5,
expenses, $151,669; dividends disbursed,

$.5' 8,397;
$106,149.

(V. 22, p.

207.)

Ulica, Bhnca <£ Elmira.—T'hK road whs completed
November, 1873. The sinking fund is $30,000 yearly
from 1878. (V. 21, p. 16.)

Valley (Fa.).— This road was built chiefly by subOhio RR., Baltimore city, and
scription of Bait.
Va. counties, but building was slopped, and operation of tbe road by Bait.
Ohio discontinued.
(V. 20, p. 16, 453; V. 21, p. 396; V. 23, p. 463, 559,

&

&

591.J

—

Vermont <£ Canada. Under lease to Vermont
Central, and proijosed to be sold to Siirae for $3,000,000 in 6 p. c. bonds; but still in litigation (V. 19, p.
40, 504;

V. 30, p.

16,

141, 419, 443, 468, 492;

V. 21, p.

44!.)

Vermont Centra'.—^'n 1872 the Company went to
default on Interest, and has since lieen in numerous
new corporation under the name
complications.
of Central Vermont has been formed, with $3,000,000
paid-up capital, and assumed obligations of the old
Foreclosure in progress on
Vermont (Central.

'

A

2d mortgage.
492, 547 5
110, 5S9.)

14,

(V. 20, p.
16, 141,
186. 314, 3.)8,
616; V. 81, p. 33, 215, 418, 490; V. 22, p.

Ytckstiirg A Meridian.—'^et, earnings year ending March 1, 1875, were $130 089. Coupons are paid
2 per cent cash, balance scr"p. Coupons of July,
1874,

V.

and

April, 18;5,«vvere passed.

(V. 20, p.

591;

2', p. 207.)

Vermont S Jfa-'isach'JseUs.-'rhls road is leased to
the Fitchb'.irg KR. Co. for 999 years, commencing
Jan. 1, 1374; they pacing 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 remainder of the lease, exclusive of all taxes.

.

.!
.

Juna

8ob..Tll>».

wUI

confar » great faror

T^iranUTTvrrrw
DESCRIPrrON

For explaiiatiou of ooltimu

t

girlng Immediate noHe>

fcy

-»•«

licadluKSi &o,, gee uutea
i>a^ ul tables.

32?

Walkill Valley (y.Y.)~UtDioTtgage
Warren (\.J.)—:iUiek
7.7
..'.'.."
Ist iuort«aj{«, (fimrautood
2(1 mottjfaKo
WiisMiif/toit Cilif, i'a. Mid. it 01. Sotilhern—Stoai...
lid im>rt>?asc, O. & A. Kit
letaml :i(l inort,>,'aj;o, O. A A.
4tU iii,)rt«asc, O. & A. RH
Funded iiiturc^t, O. dc A. RR
l8t mortxaxc O., A. dt M. RR
Gen. nioit., Kohl, Wiwli. C, Va. Mid. & Gt. South'o
Lj-ncliburif Jt Danville, Ist luort., Kuar., ouup
Wenlcheater <« I'/iila(Mphia—Pveterro\l stock
lat uiortxajie, ucw
We^t Jersey 8took
Loan of 1883, i?uarautecd by Camden 4 Ambor!
l8t mortxago loan
l3t
do
uuusulidated
We*t WiKonain— lat mort., s:old, g. fd., 1. gr., conv..
1st niortxaxe, gold oxteuaion, uuupon or reglst'd
('ousoL bonds, xold
Western tt Atlantic (Oa)— Income Bonds
.'
..
Western (.Ua.)— 1st iMortifaso (.Mont. & W. P.)
Wosteru KU. bonds, bofoi-o consolidation . . .
2d mort., guar, li y Cent, of Oa. and Ga. RR. & B. Co.
Wealern Maryland— \i\i mort., endorsed Bait. City.
1st mort^asc, unenilorsed
2d
do
endor.sed by Baltimore
2d
do
endorsed by WasUiujjton County .
2a preferred mortgaifo, unoudor.sed

35

ut

tliu lio.td

of

AND CANAL STOCKS AND

RA.ILUOAD

24, 187G.]

tlt'st

S

18
18
18

310

'.'.

'.

.

.

500

dtc,

.500 .t<-.
5(K> A(!.

1871
1872

500 Ac.

138
116
44
160
90

1873

1,600

1871

1867

500 Ac
100 Ac

188

1870
1870

500 Ac

64
64

1808
1870

!!!!
! ! !

181
181

1,000

100 Ac,
100 Ac.
100

,

Sinking fund bonds, gold
Wisconsiti Oe«<n(/— Ist mortgage, gold, land grant.
Worcester it Nashua—Stuck
Bonds ($123,000 arc 7 i>cr cent)

Bonds
Bonds
Nashua

200
45

do

Rochester—Stock
do
Istm., guar,

«

100
1873
1875

48
48

!!!

(for $700,000)

14
14

1874

00
CO
148
148

:

if:

Kcgislerod l>onds
Kegis efi,Ml Ijpuds

1.48

t

^',..'.

l)'oiids

DclH-ntun'sof 1878

1801 (.^3,000,000 cp.

&

;

148

$2,000,000

Lehigh Coal it Nat* ijation— UtocU.
Loan, conv.. coup., gold (assumed L.
1st mortgage, registered
1st mortgage, registered, raiiroail
Mort. loan,

50
1856 Varlo'g
25

rog.).

& W. Coal Col

reen wood, mnrtjiago, registered
ilonongahclit Navigation Co. Stock
(1

;

—

mortgage

WaUkill Valley.— 'T\\\i road was foreclosed under
a eecoml mortgage and sold November, 1875. (V.
Hi; V. 22, p. 42, 2».)

. .

Warren (N. J.).— Leased to Delaware, Lackawanna
oa stock and bonds. Net

roads.

1875, $211,056.

Washington City. Vlrgin'a Midland <S Oreat SouthGro.ss earnings year ending Sept. 30, 1875,
ern.
S1,0:H,980; expense's, $B71,.367; net earnings. 8)01,«)12.
Tile company has baen assisted by Bait.
O.
Coupons on O.
A. -d, :Jd and *itli mortgages are

—

&

&

The 1st and 3(1 mortgages placed together,
were originally $400,O0J 1st 6s, and i:8Ul).O0O 3d 88,
some of whicli have been exclian^ed for general
mortgage bonds, but are deposited m escrow only.
(V. 32, p. IS, 591.)
Westetn it Atlantic—This road is owned by State
of Georgia, and leased at $:iOX00O p^r annum
Lessees have issued the income bonds. (V. 82, p.
overdue.

36.)

Philadelphia.—Ifet earninss 1874-5.

(V. 22, p. 304

)

West Jersey.— Qro3s earnings, 1875, $859,797; expenses, $:«,8,5:)9; net, $291,287. Net proBt above
mterest and rentals, $9.5,689. (V. 22, p. 23*.)

—

1,880,800
1,997,872
8,229,594

West WiscoTisin. The company defaulted on interest due Jan. 1. 1875, and funded nine coupons from
that date. The following is from the official statement; Siiice its organization the company has
issu d $4,000,000 gold first mortgage land grant
bonds, of which $3,':i ,50J are outstanding; $610,000
Southern extension bonds, of which $370,000 are
held as collateral security by floating debt creditors;
$2,5'.)0,0i)0 s,;veu per cent gold consolidated bonds,
of which $1,471,0)0 are he! a as collateral to the floating debt. The other debts of the company on Jan.
1. 1875, were as follows: Bills payable, $l,aS0,9Jl.
There are collatera's belonging to the company held
for these, as follows: Southern extension bonds,
$370,00:1; consolidated bonds,$l,47l,0,18; and 200 cirs;
Iher Items of debt, $1,826,141.
Karnlngs, 1874,

4,375,000
1,099,500
1,033,350
800,000
20,000,000
1,500,000
3,5(K),000

5,000.000
3113,000

5,000.000
10,2 I8,5.i0

794,000

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

A
A
A

J.

A

4
7
4

J.
f.

A.
F.

6

M.

6

J.

7

7g
7k.
7«
10
8
8
8
6
6
6
6
6

A.
J.
J.

do
do

J, Bait.,

B. diirrrit

do
do

N.

Jaa. 1

Mar

1.

Sept.

1,

J. Bait., R.'uiirn)Ct It

Sons Meb.

1,
1,

do

K.

May

do

187S
IVtt
isao

iSM
19M
IHM

April I,
Jan. 10, 1 97$
April I. 1891
»<I>t. I,

1974

I«0
I8M
1800
1, 18M

Mch.,
Jan.,
Oct.,

Jan.

190!i

Atlanta, Co.'s Office.
New York A Harannati.

J.

W

Oct.

A.
A.

.

I

•\

6

%'

41, .5.50

1,063,000

7

714,000
1,001,300
103,000

7
4
6

Q^.

do
do
do

y-F.

A
A
A
A
A
A
A

.T.

J.
J.
J.
F.
J.
J.

D.
D.
D.
D.
A.

do
do
do

Forcclos tc pending.

1875

M7; V.

receipts, $293,718; expenses, $194,420; net
receipts, $99,2 18. The tlnanclal condition SeptemberSO, 18i5, was as follows: Liabilities Stock subscriptions, $631,632; funiled debt. $1,675,000; total
Assets Cost of old road and
liabilities, $l,47j,451.
appurtenances, $1,104, 3!'3; cost of new road,
$1,880,18:); sundry individual in;lcbtelness, $2,816:
Union Railroad Company. $2,500; loss on sale of
second preferrtjd bonus. $43,500; construction and
equipment, $37,26S; sinking fund second mortgage
citycudcirsed, $31,003; ba'ance$36,911—total assets,
$4,473,451. (V. 22, p.

gross

—

21. p. 1.37, 592;

Pennsylvania

RR

lessee owns $i)72,650 stock out of the total iimount
of $1,022,450, $148,000 of branch bonds, and all of

(V. SO, p. 388, 381
p. 191,

tOL

Ul.)

Wtldon.—litmtaA December, Kit,

16

)

company defaoltrd July,
statement and propovltit.n for

Wisconsin Central.— Thin
1875.

and

latest

its

funding, Ac., are in V. SI, p. Mi. tV.

V.

M. p.

SVl. STl:

21, p, 824,)

Woroesttr S Natlua.—'Hti earolngs 187(-ft. $178,Guarantees the stock and bonds of Nashna St
Rochester company, leased. (V. 81, p. 690; T. V.

S-IO.

p. 543.)

CANAL.

Chesipeilu

<t

peake City, Md.
Che»3ptakt

Jt

net, $251,175,

D<'(iw3re.— Delaware City to Ckas»(V. 18, p. 582).

OAit.— Gross receipts, 187S, t4734UL
Paid on bonds, ^iS,MO. (V. «l. pi

77.)
Delaware ZXr.— Leased to Leh'gfa C. A N. Co., at
interest on bonds, and 8 per cent s year 00 stock.

Western North C<rc/ina.— Soldin forccljsnre. Jnne
(V. 20, p. 814, 453; V. 81, p. 40.)

tt

V.M.

1876

A

—

407)

19'.>2

Jan..

July 1,1897

to Wilmingt >a, Columbia
Augnsts rosd at 7 per
cent on stock. Leasee issumee all "«*'""»? TV,

—

WesleT't Maryland. This company was largely aaby the city of B iltimore, which has also
bought Its overdue coupons. The only bonds remaining in default for inter-'St to their holders are
the second preferred unendorsed. Annual report
for last fiscal year to September 30, 1875, shows

do
do
do

Pittsburg, Office.
J.
J. N. Y., N. Bk.ofCom'rce.

22, p.

sistetl

1884
1*»7
1«97
1877
1S82
June 1, 1911

do
do
do

Philadelphia. Office.

WUmington

$l,2<X>.00n general mortgage bonds;
187S, $182,059.
(V. 22, p. a06.)

A Sou

do
do

8,

.

762,779

Pennsylvania. —The

I87S
1875
leoo

April.

do
do

Te to
A J.
A O.
do
do
A O.
do
do
Oct. 1, 1TO»
A J Bait., N. Necbanlcs' Bit Jan. 1, ISUO
A
do
do
Jan. 1, 1990
A
do
do
Jan., 1990
A
Ilagonitown.
Jan.. IHOO
A
Bait., <!ompany's Offloe.
Jan., 190S
6
J. A
Balt.,N. Mechanics' B'k
Jan., lOOO
6
J. A
do
do
Jan., 1902
8
J. A
Jan. i, 1900
6
A. A O.
Philadelphia, Office.
April 1, 1889
6 f.. J. A J.
do
do
Jan. 1, 1806
7
do
do
8
H. A N New York, J. M. Plckrell May 1, 1900
7
J. A D Bait, Safe Deposit Co
Jnne. 1000°
"t
A. A O. Pblla., DeHavoo A Bro.
Oct., 1900
A. A O.
7
do
do
Jan., 1001
Sin
J. A D
I>oc, 1975
London,
«K- J. A J.
ll)»l
AN
do
1986
I'A J N. Y.. Nat. B'k Republic
1990
7 g.
A J
Boston, Office.
Jnly 1, 1901
3>« IJ. A J.
Worcester, Office,
Jan. 1, 1H7G
6A7 Various
do
do
1881 A 1897
7
A. A O. Best., Olobe Nat. Bank, April 1. 1908
7
P. A A
do
do
Feb. 1, 18M
3
6
A. A O. Boat., Olobe Nat., Bank. April 1, 1904
3
AD. Phlliidelphla, Office,
June, 1873
6
A J.
do
do
July, 1880.
0'
Q- J. Bait., A. Brown A Sons.
1870
5
Q-J.
London.
1890
6
J. A J. Bait., A. Brown A Sons.
1885
4
F. A A.
Philadelphia, Offloe.
Feb. 4, 1970
J. A J.
do
do
July 1, 1978
5
F. A A. N. Y., Bk. o( Comraeroe.
Feb. 1, 1876
7
.H. A N.
do
do
1877
7
J. A J.
do
18«»
do
do
7
J. A J.
do
1891
7
A. A O. N. Y., office, 71 B'way.
April, 1878
7
A. A O.
do
do
18U4
2
Q^M.
Philadelphia, Office.
June 3, 187V
do
M. A 8.
do
1894

(V. 20, p. 398, 405, 445.)

Western

two

N.Y., Bull's Head Bank
N.V., Del., L. A W. RR

Q-J.

22, p. 521.

23, 1875, for $885,000.

UlvMMd.

A O.
do
do
A J. PhllndolpblA, Office.
A O.
do
do
A A. Camden, N. J., Go's OQoc
A 8
do
do
A J
do
do
A O.
do
do
A J New York and London
A J. New York, once of Co.

A.

4,6'.)3.500

50

M.
M.

7g. M. A

5,381,983
2,000,000

1,000

18(i2

"f

Western .4/a^^mia.— Sold In foreclosure, April 19.
and bought by Central Ga. and Georgia liall-

earnings in

<ft

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

50

V.21,p. 396; V.
1875,

Westchest^

1807
1800
1871
1873
1874

8

$884,920; operdtingexpenses, $697,107; nctenmings,
8187,812. For full particulars see V. 29, p. 77, 291,814

A Western at 7 per cent

$152,657.

100

1872
1871
1872
83
83

i\, p.

.

1,000

153

Loan
do cxteu.sion, convertible till December, 1877...
Consolidated mortgage, loan
1st

50

1858

($2,310,000 assumed C. RR. of N.J.)

g.

J.

2,000,0(X)

Delaware DioisionStocli
1 St mortgage
Delaware
Jludson —Stock

Loiui of

"e"

250,000
400,000
900,305
700,500

500 Ae

Guaran teed sterling loan
Bonds tiaviii.!^ next preference

Ktuistereil

r.

64(8

A O
A O.
A A.

A.
A.

Sis

7
7

» IM .» I,.

Chesapeake it Delaware— Stock
1st mortgage (originally $2,800,0001
Chesapeake <£• OAi«— Stock
Mai^iauil loan, sinking fund

7

511,400
750,000
2,602,539
1,200,000
654,000
700,000
578,859
1,650,000
1,500,000
526,500
821,300
1,100,000

3.-0,000

!!

it

1871

thM. TaklM.

^^X" vli'Z. *•"" ''50 "* "'

1,000.000
1,000,000
4,000,000

1866
1870
1858

-^

XXIX

arr^r dl.eoT«r»« i.

1,800,000

040,000
2,500,000
920,000
750,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
876,000
1,000,000
1,400,000
800,000
1,000,000
1,200,000
350,000
3,200.000
000,000
1,250,000
1,.500, 100
1,456,200
648,700
221,400
749,000
4,018,500
1,789,800

BONDS.

INTEKKdT OR UIVlKKKDg.

1,3.59,750
4(H),000

1,000

1808
1870
1872
1870
1863
1865

ofny
~
~

$700,000

lUO

18«(!
18B!)

"4

Sterling bonds
.•.

1870
1871
1855
1858
1880

1801

115
57
28

..

Amonnt

1871 $500dcc.
185S
100

60
38
63
172
32
201

90
90
90
90
90
90

1st mortgage, I'ittsburg Braucli
Oene.ral mortgage
Willuitnston i£ Tarboro— lat mortg.it e
Wilminyton, Columbia <* Auyusta 1st mortgage!!!

do

Par

100 '<%c.
50
500 Ae.

27

'.

do

Size, or

of

1807
330 1873
65 >a 1871

—

Income bonds
Wilminffton it Reading— lat mortgage
2d mortgage, coupon or registered
Wilm ington it ireWo/i— Stock

Date

§ Bonds. Vulue. OuUtondiug

KR

3d mortK»go, guaranteed by Baltimore
4tli
do
for Baltimore City stock
Western North Carolina— 1st mortgage (E. Dlv.)
Western Pennsylvania— 1st mortgage

—

;

Del.

A BudKK Ouu/,—This
A

Co.,

which Is aaos«

the largest minen and carrien of coal, laasaa Iha Ai>.
Sar. RailioadsL Also eodanea
Susq. and Benas.
bonds of N. Y. A Cansda iUi. Annual report fOr iSn,

A

V.

81, p.

460.

net earnings

WU'iamstot db T'arioro.— Road In progress. No
recent financial Information.
WHmlngton Columbia db Xu^utfi.— Leases and
operates the Wil.A Weldon. In 1874 5 ne: earnings
were $183,271, Including profit on W.& W. Coupons
of De"., 1875, are unpaid. (V. 22. p. 16.)
Wilmington it Bi>adi«7.—This road was In progress, and defaulted on second niirtgage after crisis
of 1873. Default on first mortgage was made AprU,

N. J. assumes (in pnichase of 1 qolpmenil, tS,Sia,OW
F
of the gold loan due I8'i7, leases the Lehlgo
quehanna Rail Koad, and operates the Lehigh Cat
The Lehigh A WIIkea-Barte Coal Co.aaBBni«s|BMk000 of the gold loan due l:>97. and »8»,000 (all) of the
convertible gold loan d.:is 1$3i, and bas slao l aai ad
the coal lands of the Company. (V. SI, |>. SIV.)

A

Umtmgahtla

Katigatton

CbnuMnit.-Receipts.
PR,'ai.

1571, $215,463; ezpcnaes, tSSitX); dividends,

.

.

CANAL AND MISCELLANEOUS STOCKS AND BONDS,

dat^.
Sabscrlbera

ivlll

[June 24, 1876

confer a ereat favor by glvlns Immediate notice of any error discovered la tJiene Tables,

INTEREST OR DIVIDENDS.

DESCRIPTION.

Koii(/»— Princl-

when Due.
Miles Sato Blze, or
Amount Rate per WUen Where Payable, and by !pal,
of
Par
Stocks— hoHt
A>r explanation ot column headinKS, &c„ see notes of
Outstanding
Payable
Canal. Bonds Value.
Cent.
Wliom.
Dividend.
at t&e bead of first page oi tableu.
I

CANAL— Continued.
iforri*—fltotk, consolidated
Preferred stock
Now mortgage (for $1,000,000)
Boat loan
Preferred stock scrip dividend
—
Pnuisj/ltHi ni«— Stock
Ist mortgnge, interest guaranteed by Penn.
NaFigatum—Stock, common
Preferred stoeK
3 st mortgage, extended

103
103
103
103

EK

327
327
108

.

JSehuj/lkill

<t

1870
1863
1864

-

1872
85

100
100
25
100
100

1874
Canton Improvement Companu—%tock
one-flfth
of
land
sales)
1873
mud
(sinking
Sterling bonds
1874
Mortgage bonds, gold sixes (for $2,500,000)
f.,
rents
on
end.
C.
Co.
(s.
$220,163)
Ist
mort.,
Union KR.,
do 2d mort., g., end., (s. f. ground rents on $144,800)
Vtnuolidatwii Coal of Maryland—Stock
1864
let mortgage (convertible)
1872
iBt mortgage, consolidated, convertible
1852
Cumberland Coal and Iron— Ist mortgage
mortgage
1869
do
2d
do
Cumberland Coal tC Iron Companu—StocK
sinking
Bridge—
Bomh
fund
1868
Dubuque
Ihrnleith <t
JUinoU <t SI. Louis Bridge— Ist mortgage coupon s. fund.. 1871
1871
coupon
mortgage,
2d
1874
3d mortgage, coupon
1875
mortgage
4th
Bt. Louis Ttmnel RR.— Ist mortgage sterling, sink. fund. 1873
2dmortgage
1875
do
do
Mariposa Land it Mining Company—Stocli

1,000
25

£200
1,000

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

"ibo

100

Preferred stock

Mortgage bonds (for $500,000)
Mccryland Coal— Stock

Utreanlile IVits(— Real estate 1st mortgage bonds
PtxdfteMail Steamship Company Stock
Bonds, coupon or registered (for $2,000,000)
Fennsyltania Coal—Block

—

1875

1,000

1876

100
500 &c
100

1876

1,000

50

1st mortgage bonds

1861

J'uUman Palace Oor—Stock

ido

2d
3d

series
series
4tli series
sterling debenture, convertible

debenture

Mining Company— Cotamon stock

Quicksilver

100
100

Preferred stock
Sd mortgage, gold

^prina Mountain Cooi—Stock, guar'd 7 p. c. by L. V. BR.
ilHitea Slates Express— Stock
WUia,F(uyo <£ Company Express Stock
Vettern tmion Telegraph— Stock
Beal estate bonds, gold, sinking fund
1872
Bonds, coup or rcg., conv. till May, 183.5, s' f 1 p. C1875
Sterling bonds, coup, (sinking fund Ipercent. per annum) 1875
WiUcesbarre Coal—Stock
.

—

.

Jf«rrl».— Leased April, 18:0, to Lehigh Valley Rail-

sosd for 999 years. 'The ieesees assammg bonds and
crip, *nd paying 10 per cent per annnm on preferred
•tsUi and 4 on consoliaated stock. (Y. 12, p. 714).
F^mnsvlvania Canal.—Worked

in interest of Penn.
intercBt on bonds. An old
mortgage of 90,000 is due in 1887. Gross receipts
874, $54«,328; net, $310,14«.

RE. which guarantees

.

Union

Pacific

report V. 82, p.

"50
100
100
100
1,000
1,000

£100&c

io'g.

7

J.
J.
J.
J.

J.

(»)

m

5,000,000
484,500
5,826,200
298,000
434,000
996,000
144,000
598,000
4,291,300
5,708,700
584,000
1,500,000
6,000,000
5,000,000
33,787,475
1,498,000
4,000,000
1,030,000

Navigation

SchuylhiU

Company. —LcaseA from

&

Reading for 999
1870, to Philadelphia
1,
years, at annual rent of $(>55,000, inclnding 'ertaiu
personal
property
convej^ed
and
to Philadelphia
Teal
Balding. (Last annual report in V. 32, p. 493.)

A

Susmtehanna <t Tide Water— LeaBed and operated
oj Plmadelphla & Reading Railroad for interest on
bonds and half of net earnings.

iniSCEI,LANEOI7S.
Adams

Express Company.—

A

salt of Dlnsmore and others in V.

reference to the
19, p. 270.

Amsriean Coai.— The report for 1875 showed gross
jeceipts, $835,916; net, i^.§,0i6, (V. 22, p. 180.)
JMantic

Jt

Padfle Telegraph.—Ot this stock the

juiyVigio
1, 1876
1, 1876
March, 1897
1882 to 1907
1895
May, 1880
May, 1913
May, 1915
Feb.
Feb.

V.

Jan.Vi885
1, 1878
Jan., 1894
Jan., 1902
May 1, 1883
Jan.

Company's Office.
do
do

Mar. 1, 1876
July 3, 1876
Mar. 10, 1876;
1872
Nov. 12, 1872
June, 1884

Boston, Office,
latcoup. dueDec.,1875.

'&'j. London, Brown,
S. & Co Jan.
& J New York or London. Jan.

&

New York.
New York and London.

J.

Various

7
5
7

M. <& S.
Q.-F.
F.

&
&
&
&
&
&

A.

Q.— F.

2

M.

8
8

F.
F.

8

A.
A.

7g.
2

4
1»2

7g.

Annual

22, p. 483,

Boston Water Power Cb.— ABnnal report in V.

22,

511, 591.)

ling loan.

The Company owns

$594,000 stock of

Union Railroad Co. out of $600,000 and guarantees
bonds.

(V. 20, p. 314, 546.)

Carp Improvement C&.—Assets April,

N.
A.
A.
O.
O.

p. 279, showing gross receipts. $2,618,178; expenses, $1,876,402; n^t, $771,776. Consol. mortgage
bonds are held to retire old bond?. Guarantees also

bonds of the Cnmberland & Penn., and assumes
$135,000 Un. Mining Co. bonds. (V. 22, p. 279, 415,
471.)

Illinois (ft St. Louis Bridge.— Interest passed July,
The Bridge and Tunnel Railroad are in hands
1875
of Messrs. Morgan and Humphreys, trustees. (V
21, p. 319.)

1869

& J. N. Y., Company's Office.
1879
& D. N. Y., Company's Office. June 10, 1876
New York, Office.
May 1, 187S
New York, Office.
J. & J.
July 15, 1876
New York, Office.
Q.-J.
July 15, 1876
M. & N. N. Y., Union Trust Co,
May, 1902
M. & N. N. Y., Treasurer's Office
May, 1900
M. & S. London, Morton, R.<t Co March 1, 1900
M. & N.
Philadelphia.
Mariposa Land

<ft

Mining Co.—Assessment of JI

per Khare is delinquent J une 3, 1676. (Y. 80, p. 477 j
V. 22, p. 231, 305, 328.)
Pacific Mail Steamship Co.— (Change of management. May, 1676. Report of old Board. V. 22. n.

543.

(V.

21,

p.

40.

207, 231, 278, 324, 349, 396;.

543,

691.)

Pennsylvania Coai.—Tins company operates a railroad of 47 miles connecting its coal mines with
Branch of Erie Railway and Delaware & Hudson
Canal at Hawley. Dividends in 1874 were 45 per cent
a year. Floating debt, $625,000.
21, p.

467.

FM

report in

V.

Mining Comparey.— Annual report tor
with balance sheet, &c., m V. 22, p. 303. See

Quicksilver
1R7T5,

Cdnso'idaHon C35a'.— Annual report for 1875 in V.

644; V.

1904

Sept.,

Pullman Palace Car Company.—
1875, $298,-

694; liabilities, $165,009.

20, p.

"l904

1,

March, 1886
Feb. 1, 1876
N. Y., Ill Broadway,
do
do
Aug. 1, 1881
N. Y., Farm. L. & T. Co. May 15, 1876
do
do
May 15, 1881
do
do
Feb. 15,1887
do
do
Aug. 15, 1892
do
do
April 1, 1885
do
do
Oet. 15, 187&

V. 22, p. 4}, 257, 881, 305, 369, 513,

Canton Improvement Co..—The annual report for
year ending May 31, 1875, is in V. 20, p. 59 1 Of the
$2,500,000 mortgage $600,000 is reserved to pay sterits

i",

Jan. 1, 1886
Jan. 31, 187«
In 5 years.

I

2J,

Xfnion Canal.— Stock, t2,9or,850.

Oct.','i885
Feb., 1889

Hew York, Office.

&D.

7
3

3,400,CK)0

21, p. 63, 277;

J.

1^3

4,400,000
1,695,000
20,000,000

.

June

do
do

& J
M. &N.
M. & S. N.Y.,Co.'e Office, 71 B'y. March 15, 187^
J. & J
7
do
do
Jan., 1885
J. & J.
6
do
do
Jan. 1, 1897
J. & J
do
do
1879
6
F. & A.
6
do
do
Feb., 1879
A. & O.
6
New York Office.
Oct. 15, 187&
M. & N. N. Y., by lU. Cent. RR.
8
Nov., 1893
A. & O. New York and London.
1900
J. & J.
do
do
July 1, 1901
do
dd
Mar. 1, 1886
7 g. M. A B.
J. & J.
10
St. Louis.
9g. J. & J. Lond.,J. S.Morgan & Co. Jan. i, "1888
10
J. & J.
Bt. Louis.

3,947,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
10,000,000
5,000,000

100

&

M..&. B.

A stock increase of 25 per cent was voted
&4 94.
1875.
(V.
p.
21,

Feb. 4, 1876.
Feb. 4, 1876

Philadelphia, Office.
Philadelphia, Office,

J.

&.A.

J.

667.)

ov.,

ER. Co., Phlla.
do

do
do

<J.— M. N. Y.,

2
3
4

Railroad holds $2,430,000.

4a2.(V.

&

"e"
30c. in sc

498,000
500,000
480,000

100

£200

do

O.
F. &. A.

7

12,000,000
18,000,000
1,500,000
10,500,000
4,000,000
1,740,000
1,107,500
593,000
693,000
605,500
598,000
10,250,000
412,000
363,000
177,000

i',6oo

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

Val.

>

50

Jjneriean Express— aiocK
American Coal (ifaryland)— Stock
AtUaitie it Pacifle Telegraph- Stock
Boston Water Power
Mortgage bonds (for $2,800,000)

Bonds,
Bonds,
Bonds,
Bonds,
Bonds,

949,748

A.

liCli.

&
&

3,155,650 60o. in sc P. & A.
do
do
M. & S.
1,709,380
do
do
6
J. & J.
do
do
3,990,392
6
l,148,00<t
J. & J.
do
do
6
M. & N.
260,000
6
do
do
M. & N.
756,650
do
do
6
M. & N.
628,100
do
7
do
2,002,746
"6
'&'j. Fhila. and Baltimore.
J.
1,000,000
J. & J.
do
do
1,319,000
6
325,316
J. & J.
do
do
6
J. & J.
do
250,000
7.
do
M. &N. Philadelphia, Office.
3,000,000
6

1,000
1,000

iniSCKiiL.ANBOI7$.
Company— Stock

5

j-

(1)

236,905
103,164
4,477,150
3,000,000

i",6oo

*5

Tide ira(er—Stock

Maryland loan, 2d mortgage
BnMuelianna Canal, common bonds, 3d Qiort
pref., 3d. T. W. priority b'de..
do
bondsof 1872
do
UNtiott— 1st mortgage

Xdamt Sxpress

-

F. &. A.
F.
A.

2

$1,025,000
1,175,000

1,000
1,000

2d mortgage
Mortgage bonds
Improvement bonds
Boat and car loan
Boat and cai- loan
StuqueJianna

$100
100
1876
1865 various.
1860 various.
50
1867
1,000
50
50

V. 19, p. 684; V.20, p. 141, 429, 5.38; V. 22, p. 233, 803.
Spring Mountain Coal Company.— This is guaranteed 7 per year till 1885 by Lehigh Valley RB.
United States Express.— V. 23, p. 159.
Western Union T<legraph.—Annuti\ report, V. 21,
p. 369. The company holds $7,287,735 of its own
stock, making the total $41,073,410. In May, 1876,.
purchased control of Southern & Atlantic Company
(V. 21, p. 16, 369, 373, 569; V. 22, r
p. 136, 175, ItL

Y.

22, p. S57, 268, S68, 691.)

,

,

,

:

.

Juno

INVESTORS' SUPPLEMENT.

24. 1 76.]

nUscellaneoua.

Iniuranoe.

Brmckerhoff;Turner& Co
Manufacturers and Dealers ia

COTTON DUCK
ron

CAR COTE RING AND CAR SEATS,
M

to

And

all

kinds of

SAIL

"AWNING

STHIPKS."

Also, Apfentfl

Bunting Company

f'liitcd States

A

liiiara o«

top nlien jron chooae."
COMMON SENSE AND FAIR PLAY
IN LIFE ASSURANCE I

DrANE

ST.,

Provident Savings Life
Assurance Society,
WKSTEHN DNION

Bl/ILDING,

NBW YORK.
Guaranty Cash Capital, fias.ooo,

Henbt

D. PoLaiHus, Bpecitki.

JOSEPH WOOD.

RENNET.

K. R.

merely for accumulatioa,
ThU Soc'ety reoognine t/ie PMey-Mdtr at outiur
iftheStutve.
This Society, therefore, will either itsae policies
on thn payment of uniform annual premiums, guaranteting aspeeifitd turrenaervahu fbr meryyear in
latter is held

SPCMOBB TUBNEB,

J.

ftocUly uparatii tlu Iruurane* Part 0/ tht
the Jleteneor Depoelt Part, which

Premium from

NEW YORK.

l^LBKRT A. BRIKCKKRaOFr,

ca»/i; or

Joseph

Wood &

p. O.

3ox

at actual current

men," Jamus Brown, PreeUent; Howard

rATKNT

21,

Chaiter:

PATENT CAR COCPLING

UtS, Inclusive

Il(,t)7

NO RISKS HAVE BE JN T \KKN UPON UULLB
OK VESSELS.
Premiums marked

off as earned, dar^
ing ihopcrlod as aiiovr
|tN,|i:7 II
Paid tor Lo S"S, Eipunros and R< bates,
lo's Savings, Ac, during the SAiso
period
70f,jaiM

R

turn PrcT.lams

M.tTt

FIN,

NEW YORK.

United Sia'es and oihors'.ccVs
Lojua onStock*. d anrlaj lotorett

tll.fiT

to

THE PROVIDENT SAVINGS LIFE

Notes

Is

Receivable. ,

WESTERN UNION BUILDINO. NEW YORK.
GEORGE WALKER, 8HEPPARD HOMANS,
President.

Vice-Prea't

and Actuary

NEW YORK
Organized as the

New York

(Stock) iu

LITHOGRAFIIERS

Insurance

Company

1788.

and C:alms doe iheUompany, eilinuteJ at

Tt.On fl
%:.i»i,K\ 1>

FIX PER CENT. IN'TGREiTontheouUUwllac

paMte

be

Cert^flcates of rrofl'i will

th reof, or their l.'gal icpro^cntallver,

I

litli'dt') p:r:ic!pite, Ccrtldcatta for nhlcU will b«
issued on and af ler Tuesday, the 4lh day of April

next.

N. ¥. All Proflts are

aad

for

Ships,

THEO.

HoUtlag

Stock

Mining
Ac.

A

conetantly

on

Purposes,

hand, from wbica any desired
lengths are cat.

JOHN

\r.

MASON &

4S Broadwajr,

E. S.
66

N*-ar V'«rk.

BLKECKKK, Jr., Vice-Pres't,
LARAQUE, Secretary.

Bailey,

WALL STREET
Dealer in

Fire

and narlne Innnranca atock
and Scrip
<<

CO.,

B.

EDWARD

Blgglnit

|Suapen^ion Bridges, Onrs, Dst
irlcki. Inclined Flanes,

Among

ASSETS, Slat Dec. ,'75 - $871,418 94
JOHN H. LYELL, President.

B. B. of the very best qnallt;
anltable

Divided

DIVIDENDS FOR THE YEAR ENDING DEC
3l8T, 1875, FORTY PER CENT.

Wire Rope.
STEEL, CHABCOAL,

now

Our Customers.

Bonds and Certificates of Stock a
Commercial Blanks of all kinds.

Lar-;?e

SPECIALITY."

Casta paid at once for the above Securities ; or the
will be sold on comnuMlon. at sellers option

STREET CARS, OMNIBUSES.
John Stephenson

&

Co.,

[MANUFACTURERS,
JSo.

47

tho 0«a:d.

TnUS~TEEa:
1H>M»«nALB.

JOHN K. MTEILS,
U II CL>.-J
A S.ll RNES
FR NU.S H n>V,

()

,

V
•

>

<

.

IS

i)i:i

uE,

I'tVS

I

II.

l>

J)ll

•

A

J »»IE8

.

Al.nKlli

JEHl L

,

OILLESn •,
i<
II kl<
T 'TLOR.

II

n.S'K >>OB.
lUivI),

'III 8 D. .UKKKICK.
UK ). W. MOlCIIIj,
WM. A. II LL.
OK A « tVElt,
L- Elt II LEWr=!.
GE W SMI 111,
HK i;v i> B I.PII,
J HV H IL Ilk.
LEVI M -AiES
)
S II IU H
i:UH RD P lilt if F.
Fl{-»KLI EUl«OT.
S KeHE L MERCH i^T, J MES L. R A B WAT.
1

LEDGER BUILDING,

'

tbe boldcra

on and after

Tuesday, ihafl.-stday of Fobruiry.
A divid.nd in Scrip of TE^ PER CENF. Isda.
clarcd on ho amount of Bi'nol Premiums for tha
yi^ar ending D..-C ruber :1U*, 1^3, which miy be ca*

.u

STOCK PAID OFF AND MUTUAL SYSTEM
ADOPTED IN 1851.

WILLIAm STREET,

>

W

IHSM

i-K

AND

Railroad

8',0aB I*-

PrcmluTis

No. 61 l^'ILLIAM ST.

1853.

M

Adrauce of

la

Totnl A'sels

ASSURANUK SOCIETY,

Mutual Insurance Co.,

Henry Seibert& Bros.

Speclallf.

n

(Tiraitt
Promtam Note* and CI
Siibscr'ption

By Order of

No. 183

K
M

R.-i:isu.-sncc

For Plans, Rates, and Full Particulars apply

43 'Broadway,

ESTABLISHED IN

MMn M

Toul am unt of Martce Promlami. $)H.n»
Thie Convuny hat nuued no Mldet. exeft mt Ctoya
and F eight for the Yoyag*.

Potter,

Ireaeurer.

1.VBRICATOR.

10«9.

It.

17a,1M (B

National Car Brake Shoe Co.,
i9c

PROTECTION OF LIFE

linf

:)uircincnts of Section

OutaUndlas PramlumsJiniury 1, 117}
Prrmlnms received from Jan. 1 to Dec

medical examination.
These Plans are indorsed by leading Actnaries
and State Commissioners, and also by the "Society
far the Promotion of Life Inturanee among Clergy,

AOKNTS FOB

4C>

will fanrish the

Voaic, r«l-nury 1st, IKS.

The toHowlDg Biiicnenl of the aflfWIra of tka
Compiny is pab:i>hi3j In conformity wth Ibe r»

& Wood's

IRON AND STEEL RAILROAD CROSSINGS,
HOWE'S PATENT

Tl.NHO'jrES'S

It

ASSURANCE

Kaw

8T.

Tho C.>mi>any has the foUowin^t Assets
Ctsh in Dank
fS^ia IS

Stationary Frog,

SEL.F-ACTIIVC}

,

BROADWAY, COR. CEDAR

a»t for death clainu
and expenme of management, each year by iteelf, re.
newalk'e at the cloee of any year without further

WOOD'S PATENT RMLROAD SWITCOBS,

nrOOD'S

110

Co.,

MANUyACTOKgRS OF

Wood's Pat. Adjustable Frog,

Co

Insurance

NEW

nUt

In stock.

109

MUTUAL

PACIFIC

Do not Auun your Life till jon have examined
the
PLANS devised by SBBrraaD BoaAHi
Actuary, for

Invested In U. 8. Plve-Twenty Bonds.

Widths and Colore always

snppi;, all

full

orricB or thc

what you buy,

Pajr aa 70a bo, gtt

THK

DUCK, FKLTIKQ
DUCK, BAQOINO, RAVBNS DUCK. 8 ML
TWUNES. *c. "ONrARIO" SEAMLESS
BAGS,

'*

IM INCnK8 WIDK,

COTrON CANVAS,

ZZXl

KAST TWEJVTV-SEVEIVTU STREET,

NEW YORK.

•

W

•.

.
•

>

\VS ES'l) UaVIS,
i/AS •.

UjW.K

(iK'.i

UK

k.

Ti'UiiV,

JilH.H 1'. <:!? 8BV,
tl:\^KH>f WOi>I)KL'tF.
JO:iN K. MYERS. Pnaldeat.

1II0MAS HALE.
Wir.LOU.TTiaV

POWELU

The North

VlcS>reaid«at.

Secretary.

British

and

Mercantile Ins. Co.,
OF

LONDON AND BDINBVRSH.
DNITED STATES BRANCH,
54 WUIIan, Cor. Ptne St., New York.
Capital paid np • Groaa Fire RaaerTe
Net Lire Aaaeta • •

Total

-

.

.

-

'

-

-

$10,000,000
3,700,000
13,300,000
«a7,oeo,ooo

eross Asiets held ky Board of Uanagement In Hev
York, tl.<OD.OiXi.
The compaoy's actual losies by Chlcafo CdnSagm
Uon In im were tl,7l3.U7 81.
The Oompuiy's actual losses by Boston conliaftia
Uon In vm were IWi.aso «.
Yet the Company paid these loesee at sight wttboa
borrowing or selllLg a siDgle dollar of peruiaoeol Us.
vestments, continued regular uivldeodi to Ihclr
atockhoMen, and at the end of ins had entlrelT la ada
np(notlntbi. country, however), the losses of Uisse
two confla {rations and all others. commeDctaf IVM
with a surplus over IIIUJMO lamr than ever hefota.
Annual IneooM of Fire Department alone ofW
%iSKOSXO.
Fire and Ufe Assets entirely dlstlnct-the aaa Bat
U^Ie tor the other.
„
„
'The Cempany organised A. D. IM. Con
bnsUiais la thu country A. D. lan. ,
Agencies In most ul the principal dtles lad t
In the United States.

...

EZRA WHITS,

CHAS. B. WlilTB,
SAM. F. BLAQOl

._

:

;

:

:

INVESTORS' SUPPLEMENT

zxxu

OFFICE OF THE

CONTINENTAL
Insurance Company.

OFFICE OF TUB

ORIENT

ATLANTIC

Mutual Insurance Co.j
New

OFFICES:

NEW YORK, 100 & 102 BROADWAY. Mutual
BROOKLYN

Insurance

Co.

Ouh Capital

9S1,4S7 42

Beserre for Re-lDBurance

Sarploa

Law with

Inenr-

ance DcpsitmeDt

Goajanty Snrplne Fond
TTadlTided Sarplns held for

all

Policies not

FURNITURE,

Fremiam.

off from let JanuDecember, 1875... $6,128,134 68

Losses paid during the
same period
$2,712,058 05
Returns of Premiums and
Expenses. .$1,217,417 26

The Company has

COSITIXEIVTAL,
WAS THE

rUtST COJfPANT TO SUBMIT TO TBE
BESTBICTIONS OF THE SURPLUS

LAW OF

1874.

the provieiocs of this Law the Company is
compelled to limit its dividends to stockholders
to7per cent, per annam. and to deposit one half
of the remainder cf its earnings in the Insnr

By

SPECIAL
the PROTECholders as may

ance Department of this State, as a

BBSEIiVE SAFETY FOND,

for

TION and SAFETY of

Buch policy
not he bnrned out at the time of a conflagration so
great as to destroy the ability of all Companies, to
pay their lo»ee8 in fn'l. thereby avoiding the necessity of placing the Company In the hand; of a
Beceiver in Bankruptcy.
Some of the bcDeHts of submission to this law
are as follows
the assured,

who

losses at the time of the great

are claimants for

It will give them more money than can be obtained nnder the requirements of any other law
on this subject, because it exempts tiie Company
fees, legal

costs, or other

expenses

Company

It requires the

1875.

$319,832 SI

322,594 58

Subscription Notes. Bills Receivable,
and Lncollected Premiums
Unsettled Accounts

541,461 75
25,321 OJ

620,75^50

percent interest on the outstanding Scrip

on or

after the let

March

next.

also resolved that the oot-

etanding Certificates of the Company of the iasoe i/f
1S63 be redeemed and paid to the holders thereof,
or their legal ripresentatlves,

2,614,200 00

Real Estate and Bonds and Mortgages
Interest, and eundry Notes and Claims
due the Company, estimated at
Premium Notes and Bills Receivable.

267,000 CO
454,037 92
2,076,360 CO

.

Cash in Bank

363,402 40

March

on or

after let rf

from which date interest thereon will
cease. The Certificates to be produced at the ti;no
of payment, and cancelled.
In addition to a bonus of fifteen per cent already
paid In cash, on the Subscription Note?, they have
further resolved to return to the dealers enuilad
to the same Fifteen per cent on the net amount of
Earned Premiums of the year ending 31sc December, 1875, for which Certificates will be issued on
next,

or after the 5th April next.

By

$16,019,910 82

order of the Board,

CHARLES IR\TNG,
Six I'er Cent Interest on
certificates of profits will

Secretary,

the outstanding

be paid to the holders

thereof, or their legal representatives,

on and

after

Tuesday, the 1st of February Lext.

The outstanding certificates of the issue of 1872
be redeemed and paid to the holders thereof,
or the r legal representatives, on and after Tuesday,
the let of February next, from which date all interwill

TRUSTEES.
George Mosle,

A'ex. M. Lawrence,
JolinS. Williams,
Frederick O. Foster,
Jo n D. DIx.
Charles Jfunzlnger,

Eiward F. Divieon,
Henry De B. Ronth,
E. H. R. Lyman,
Henry It. Kiinhardt,
John AnchincloES,

Walter Wason,
Ernesto G. Fabbri,
H<-nry E. Sprague,

Lnwrence Welli*,
William Poblmann,

James Brriwn.
Theodore J. Ralli,

The certificates to be produced at the tijiie of payment, and cancelled. Upon
certificates which were issued for gold premiums,
the payment cf interest and redemption will be in

Charles Lii ing,
Alexandt^r llnmiit n,
Con-tantin Menelas,
Carl L. Recknage!,
W. F. Cary, Jr.,

gold.

Kamsuy Crooks,

GusUv Schwab,

Arthur B. Graves,

George

est thereon will cease.

Tiieodire Fachiri,
L F Rose.
W.lliani S. Wllfon,

V.

Car. Vioto.-,

A Dividend

of Forty Per Cent,

is

de-

on the net earned premiams of the Company
for the year ending 3:st December, 1876, fur which
certificates will be issued on and after Tuesday,
the 4th of April next.

By order
J.

to maintain at all times

F. C'ousinerv,

H

JL'rgan.

EUGE-^TE DUIIL', President.
ALFRED OGDE.V, Vice-President.

Charles Ii.ving, Secretary.
Anton Metz, Assistant Secretary.

of the Board,

MERCANTILE

H. CHAPIdAN, Secretary.

"GUARANTEE SAFETY FUND"

equal in
amount to the "Special Reserve Fund," for the
greater protection of policyholders generally.
It will prevent any en. roachment upon it by

Certill-

catrs, to the holders thereof, or their legal repre-

of bankruptcy.

a

December,

The Trustees have

the following Assets, viz.;

Total amount of Assets

$I,0»,ai4 05
574,913 74
268,413 47

United States stock
Stocksof States and Corporations, and
Loans on demand

clared

fire.

$1,2S3,7C0 01

Cashin Banks

sentatives,

United States and State of New York
Stock, City, Bank, and other Stock8.$10,314,940 00
Loan« secured by Stocks, and other-

^

$247,017 55
1,016,682 49

Total amount of Assets
$1,851,062 73
The Board of Trustees have resolved to pay Six

nected with Marine Risks.

wise

TBE

rem receiver's

$j,235,394 75

Policies have been issued upon
Life Risks ; nor upoa Fire discon-

ary, 1875, toSlst

other Inenrable Property, at Just Rates of

—To

2,455,372 87

No

'WAREHOUSES, IQERCHANDISE,
RE^TS,
I.ES8BS,

F%r8l

olT

Totalamonntof Marine Premiums..

INSURES

And

marked

January, 1S75

Premiums marked

Ik^PTEIiLINGS,

Mutual Insurance Co.,
No. 35 IVALL, ST.,

TRUSTEES.

IV.

Y.

under uncancelled policies.
It compels just and prompt adjustments and payments, no matter how great the flre or loss.

J. D. Jones,

Gordon W. Bumham,

Second—To the policy-holders whose property is
not involved in such fire-a hitherto neglected

Charles Dennis,
W. H. II. Moore,

class

Henry Coit,
Lewis Curtis,

tion Risks

James Freeland,
Samnel Willets,

Francis Hathaway,
Aaron L. Reid,

John D. Wood,
Geo W. Hennings,
Henry Eyre,

later losses

the payment of their later sustained losses, as

Charles

great

Lowell Ilolbrook,
David Lane,

Frederick Chauncey,
Charles P. Burdett,
Francis Skiddy,
Robert B. Mintarn,
Ch tries H. Marshall,
George W. Lane,
Robert L. Stuart,

James Dryce,

James O. Do Forest,

Daui-jl S. Miller,

Alexand-^r y. Blake,
Charles D. Levcrlch,

It will give a deserved protection

and provide

for

il no
had occurred.
It will save them from vexations and seriom loss
of time and money in seekieg and paying for new

flre

insurance, while waiting indefiuilely for the reiurn
what is due from the Bankrupt companies whose

have become worthless, and whose assets
ey be In the clutches of a slow-paced Receiver.

olicics

GEO.

HOPE,

T.

President.

LAMPORT, Vice-Pres't.
CYRL8 PECK, Secretary.
B. C. TOWNSEND, Sec. Agency Dept.
n. H.

ABRAM

M. KIRBY,

Sec. Local Dept.

CHAS. H. DUTOHER,

JOHN

K.

OAKIEY,

Sec. Brooklyn

General Agent.

Dept

its

ASSETS,
8l8t

$6,840.02188

30O,OJO 00

893,738 22

premiums

Tota'

De-

1st

$3,815,165 64

Total AeseU, Jan. 10th, 1816

187S, to 31st

SCOOOD 00

Claime

Company

agidnet the

Premiums on

1876.

provisions of

Earned premiums of the year
Losses and expinses
Re-insurance and return premiums

Premiums received on Marine Risks,
from Ist January,
comber, 18:5

Special Reserve Fand, depoeltid nnder

Hew York

NawToBK, Jan. 24, 1876.
In conformity to the Charter of the
Company, submit ths! following Statement of its
affairs on the Slst December, 1875
The Trustees,

$1,000,000 00

lished in conformity with the

Premiums unearnedSlst Dec, 1874
Premiums received during the year
ending 3Ut December, 1875

Ib Neir Continental Insarauce Bnilding
STS.

York. 25th January,

The following statement of the afl'airs of this
Company on the Slst day of December, 18T5, is pubCharier

:

& MONTAGUE

1:76.

Insurance.

Insurs>.Tioe.

Insurance.

COR. COURT

[June 24

II.

Russell,

INCORPORATED

ASSETS,

-

.

TRUSTEES.

Adam

Horace Gray,

Thomas

Edmund W.

Samuel

Youngs,
C. A. Hand,
James Low,
P.

John D. Hewlett,
J.

D.

JONES,

T. Sackett,
Corllee,

John Elliott,
Samuel Hutchinson,
William H. Webb.
President.

CHARLES DENNIS, Vice-President.
W. H. H. MOORE, Sd Vice Preeideat

1642.

$1,028,C25 66

Vessels.

Josiah O. Low,
William E. Dodge,
Royal Phelps,

Adolph Lemoyne,

.

This Company takes Marine and Inland Navigaon Merchandise, Freight, a&d Hulls of

Kohl rt L. Ta\lor,
William T. Frost,
ft'illiam Watt,
James B. Fieh,
Ellwood Walter,
D. Colden Murray,

William Sturgis,

-

L.

Ham,

Merritt,

Daniel T. Wille's,

Kunhardt,

John

Bryce Gray.

J.

Ed«ari

IL.'nry R.

N."L. McCieadv,
William Nelson, Jr.,
Harold Oollner,
Joeep;i Willets.

Henry

Joseph Slagg,

Scudder.

S. Williams,
iharles Dimon,
Paul N. SpofTord,
James Douglas,

William 15. Scott,
Henry DeRivera.

ELLWOOD WALTER,

I'lesident.

MONTGOMERY. Jr., Vico.Pres't.
ALANSON W. IlEGKMAN, 2d V. Pres't.

A. G.
C. J.

DEsrARC

,

Secretary,

i