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COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED

THE

ON

LAST

SATURDAY

OF

EACH

MONTH.

Furnished Gratis to all Subscribers of the Chronicle.
[Entered according to act of Congress, in the year 1879, by

Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l

YORK, JUNE 28, 1879.

NEW

'
-

SUPPLEMENT

INVESTORS’

OP THE

Ciunmerrial anit financial
The
a

Supplement is issued

on

Cijrattidt.

the last Saturday of each month, containing

complete exhibit of the Funded Debt of States and Cities, and of the Stocks

and Bonds of Railroad and other

Companies.

It is furnished without extra charge to

Chronicle;

no

all regular subscribers of The

single copies are sold at the office, as a sufficient supply is

printed for subscribers only.
WILLIAM

B.

DANA

Sc

CO.,

Publisher*.

79 dk 81 William street.

INVESTMENTS IN JUNE.
A

prominent feature in the investment dealings this
activity in government
The large business and rather excited tone
bonds.
which marked the early sales of four per cents by the
present syndicate underwent a material change this
month, and prices fell off materially from the highest
point reached. The syndicate was very successful in
rapidly placing nearly $100,000,000 of the bonds which
they took from the Treasury, but it then became evident
that the large sales of $10 funding certificates, presently
convertible into 4 per cent bonds, were a disturbing
element which must first be got out of the way before
the syndicate could again control the market.
Under
these circumstances, and with the additional fact that
the heavy subscriptions to funding certificates withdrew
a large amount of money from circulation and caused
some scarcity in the loan market, the syndicate bankers
held off and pushed no bonds for sale, waiting quietly
for the time when the $40,000,000 bonds arising from
funding certificates should be absorbed and out of the
month has been the decreased

way.
In State bonds the transactions

on

moderate, and the

in the Louisiana consolidated
speculative account. The uncertainty as to

principal dealings
bonds

were

were

what action the State constitutional convention would

take furnished

a

basis for

speculative dealings, and the

proposition to further " scale” down the bonds and also
the adoption of the 5 mill rate of taxation, which would
barely leave anything for payment of interest, so dis¬
couraged bondholders as to depress the bonds at one
time to 38j. The new Virginia and North Carolina
funding bonds are both quoted by brokers in this market.
Railroad securities have been greatly in demand, and
prices of bonds are generally higher. There are no
prominent bonds, untainted by suspicion of default and
well known in any financial market, which are not selling
at high prices, as compared with their former range, and
the difficulty of getting good investments which will pay




'

'

=3

'

attention of capitalists to
mining and other enterprises for the use of their money.
While the subject of rates of interest is under discus¬
7

cent, is turning the

per

sion it should be remembered that the

purchasing power
of our currency is now so much greater, that six per
cent is about as good for the investor as 7 per cent was
five years ago. It is not desirable that parties who wish
to place their money carefully on long time investments
should get in the habit of looking for high rates of
interest, as such a tendency is almost sure to lead, in the
end, to an unreasonable risk of the principal.
On this principle of looking more to the security of
the investment than to a high rate of interest, the first
mortgage 7 per cent railroad bonds, selling now at 110@
115, and having twenty years or more to run, should be
considered a reasonably good purchase. The use of
money in this way, at a moderate rate of interest, in a
very convenient form of security, where the principal
can lie for a long time without the trouble of re-invest¬
ment, is far more likely to prove ultimately satisfactory
than the purchase of any of the cheap stuff now flooding
the market, and inviting the attention of the speculative
investor.
In

regard to the status of the currencies in different
as affecting investment securities so’d in the
London market, the London Financier remarks:
countries
“

Sufficient attention lias not Been

given to a consideration which is

a very beneficial influence upon English investments abroad.
We refer to the improvement which is taking place in foreign currencies.

exercising

readers as hold share property in railways, banks, gas works,
undertakings in countries whose currencies are depreciated in
relation to gold, know well of how large a portion of their dividends they
are mulcted in the process of bringing home their profits and converting
them from the local currency into sterling. A profit earned in India in
silver rupees, or in Mexico in silver dollars, is one thing, but the profit,
as it turns out in the London office, after conversion of the depreciated
silver into gold, or Bank of England notes, the equivalent of gold, is
quite another thing. The number of quarters in which dividends earned
by English capital are thus melted down and diluted is much larger than
may at first sight appear. For many years the depreciation of the
United States currency formed a source of heavy loss to English bond
and stockholders in American railways. Proprietors of the Canadian
railways well recollect what heavy sums were set down in each halfyearly report as the cost of converting into sterling such por¬
tion of their earnings as were received in American “ greenbacks.”
SupIi of
or

“

our

other

Greenbacks ” and

gold are now, happily, on a level* and the change

important point in favor of Canadian railway recovery when
trade revives.
Latterly, silver has fallen heavily, and the whole
of the vast mass of British capital invested in railways, banks, and
other Indian joint-stock undertakings, as well as in private trading chan¬
nels, has suffered from the effects. Proportionately beneficial to it must
be the recovery which has more recently taken place in the value of the
rupee, and proportionately sharpened will be the attention with which
the owners of this great mass of capital will look for a further advance
makes

an

in the value of the Indian currency.

there may be for a similar movement in the Russian
is a question of interest, although English investments,
uncovered by a direct gold guarantee, are relatively much smaller in
that direction than in many others. The improvement in the Argentine
currency, again, interests directly all classes of shareholders and bond
holders in Argentine undertakings, though of no direct moment to the
holders of Anglo-Argentine Loans, who, as a matter of course, receive
their dividends in gold in London.
As to the Mexican currency, we
have heard it estimated that every rise of a penny per ounce m the Lon¬
don price for Mexican dollars is equivalent to a gain of £5,000 a year.to
the coffers of the Mexican Railway Company.”
“

NVhat scope

currency

STOCK AND

BOND

TABLES.

NOTES.
These tables are expressly intended to be used in connection with the information
concerning Investment matters, published fio»A week to
week in the Chronicle—to which an index is furnished in the remarks at the foot of the tables. Annual
reports are in black-faced figures.
A full description of U. S. Government Securities is published
regularly in the Chronicle each month, as soon as the official “Debt State¬
ment” is issued.
Prices of all active Stocks and Bonds are quoted weekly in the Chronicle,
and a list of general quotations is published monthly.
The following will give explanations of each column of the tables below:

Desertion.—Railroads leased to others will often

be found under the lessee’s name. The following abbreviations
frequently occur, viz.: M. for
f. for “ sinking fund,” 1. gr. for “ land grant,” reg. for “ registered,” coup, for “ coupon,” Br. for “
Branch,” guar, for “ guaranteed,”
end. for “ endorsed.”
“ Coupon*” indicates that the bonds are coupon, but
may be registered.
Date of Bonds.—The date of issue on the face of the bond is referred to in this column.
Miles of Road.—Opposite Stocks, this means the miles of road operated, on which the
earnings are based; opposite bonds, the miles covered
by the

“mortgage,”

s.

mortgage.

Size or Par Value.—These figures are dollars, showing the denominations or par value. The
figures “ 100, Ac.,” signify $100 and larger.
Rate Per Cent.—The interest per annum is given for bonds, but the per
cent of last dividend for stocks; g means gold; x, extra; s, stock or scrip.
When Payable.—J. & J. stands for Jan. & July; F. & A., Feb. A

Aug.; M. & 8., March & Sept.; A. A O., April & Oct.; M. A N., May & Nov.; J. &
D., June A Dec.; Q.—J., quarterly from January; Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
Bonds,principal when due; Stocks, last dividend.—The date in this column shows the period when the principal falls due of bonds, but the time
when the last dividend was paid on slocks.

STATE
Snbocrlberg will confer

a

great favor

DESCRIPTION.

Date of

Size

Alabama— Substitution bonds
Substitute b’ds for RR. (B) ($590,000)
for Ala. A Chatt. (C) ($1,000,001 )
do
Educational funded debt...;
Funded “ obligations ”

Funding Bonds 1870 (Holford)
Levee bonds (or warrants)
Old unfunded debt, including interest
Ten year b’ds, Act May29.’74
Secured sinking fund bonds (Act. Dec., 1874
To Memphis A Little Rock Railroad
To Little Rock A Fort Smith Railroad
To Little Rock, Pine Bluffs A N. Orleans RR.
To Miss., Ouachita A Red River Railroad
To Arkansas Central Railroad
State scrip

Califom ia—Soldiers’ relief
State capital bonds

1876
1876

$100Ac.

1876

100 Ac.

1874

only

arc

8s)

1,316,000

100 Ac.

1,986,773

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

1,000
100 Ac.

1,000
500 Ac.
....

....

......

50 Ac.
50 Ac.

1,000
100 Ac.
.

•

•

•

....

1871
1873
1.000
1870
1 000
1858 to ’66
Georgia—Atlantic & Gulf Railroad bonds
500
1866
Bonds, act of Mar. 12, ’66 (renewal W. A A.;..
500 Ac.
1870
1,000
1872
onds, act of Jan. 18, ’72
1,000
Bonds for funding (Act Feb. 19, ’73)
1873
250Ac.
Bonds to fund coupons on endorsed bonds...
1876
1,000
Bonds exchanged for endorsed RR. bonds
1877
1,000
New funding bonds, small
1879
500 Ac.
*
Illinois— Refunded stock bonds
1847
1,000
Normal University bonds
1,000
Thornton loan bonds
1,000
War bonds
100 Ac.
1876
Indiana—Bonds, short loan
1879
Bonds, coupon, (payable after April 1, 1884).
School fund bonds (uon-negotiable)
Iowa—War and defense bonds
1861
1861 to *69 100 Ac.
Kansas— Bonds, 1861 to ’69, funding, Ac
Bonds for various State purposes
1861 to ’75 100 Ac.
1864 to’65
Military loan
Louisiana—Bonds for relief of State Treasury
1853
500
Bonds in aid of various railroads
1,000
Levee bonds—Act 35 of 1865
1866
1,000
do
Act 115 of 1867
1867
1,000
do
1870
500
special—Act 32 of 1870
Bonds funding coupons
1866
100 Ac.
do
to Boeuf & Crocodile Navigation Co...
1870
1,000
do
issued to State Penitentiary
1869
1,000
....

....

....

obligations unprovided for in the “adjustment.”

The assessed valuation
mills.
personalty is about $125,000,000.
(V. 24, p. 28, 420; V. 27, p. 94; V. 28, p. ;99.)
Tax rate, 1878-9, 7
of real estate and

Arkansas.—The State Supreme Court has decided
Levee bonds of lSb9 and 1870 invalid. Rate of tax¬
ation, 10 mills. The State is in default for interest,
except on the ten per cents of lc74 and secured

sinking fund bonds, issued under the law' of Decem¬
ber, 1874. Assessed valuation of taxable property,
$94,095,243. (V. 25, p. 161; V. 27, p. 15, 40; V. 28, p.
171, 276.)
California.—The State holds in trust for School
and University funds the $500,000 Capitol bonds
and $2,063,000 of bonds 3873. Total valuation of
property, 1676 and 1877, was as follows: Real estate,

$418,840,023 in 1877, against $454,990,351 in 1876;
personal nronertv. $199,243,292 in 1877, against

^139,247,095 in 1876-total, $618,083,315 in




1877,

A J.
A J.
J. A J.

New York.
do
do

July 1,1906
July 1. 1906
July 1,1906

8
6

J. A J.
J. A J.

Montgomery.
N. Y., Union Trust Co.

July 1,1884

6
7

J. A J.

10
6

1,000,000
1,200,000
600,000
1,350,000

7
7
7
7

1,353,120
95,500
500,000
2,801,000

5 A 8

300^000

101,175
739,000
289,000

63,500

.

.

284,000

57,000
112,000

49j000
49,500
80,000
12,000

against $595,073,177 in 1876.
78# cents per $100.

4

A.
A.
A.
A.
A.

A
A
A
A
A
A

g.
g.
g.

J.
J.
J.
J.
J.
A.
M.
J.
J.
J.
F.
J.
J.
J.

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

^

year.

p.

0.

do

1899
1900
1900
1900

do

April, 1900

.

m

Various

J. A J.

New York, Kountze Bros.

July.

N. Y., Am. Excli. Nat. Bk.

J. A J.
J. A J.
J. A J.
Various
Various
M. A N.
M. A 8.
J. A J.
J. A J.
M. A S.

Tax rate for 1876-7,

Columbia.—The total assessed value

(V. 26,

J. New York, Latham, A. A Co.
O.
N. Y., Union Trust Co.
O.
do
do
O.
do
do
0.
do
do

6

V. 26, p. 599. There is due the sinking fund $256,2J1
per

do

7
6
7
7
6
6
8
6
8
6
8
7

of taxable real estate in 1877 was $97,609,890; per¬
sonal
property, $21,000,000. The interest on the 3-65
bonds is provided for by Congress. See law of 1878,

578.)

do

1899
1900
1900

1884

J.

r*

7
7
0
6
6
6
5
6
7

J.
J.

Connecticut.—The debt of Connecticut was all
created
originally for war purposes. Assessed value
of real and personal property. 1877, $344,406,977;
rate of taxation,
mills. (V. 24, p. 387)
District of

Principal—When

2 Ac.
5
2 Ac.

1,985,955
258,300
375,000
1,200,000

3,904,783

....

last 10 years, for old bondn, without any allowance
past-due coupons. Ala. & Chat, endorsed bonds
are exchanged (for $1 000,000 of the new bonds,
class C, which bear 2 per cent till 1881 and 4 per
cent for remaining 2S years). For railroad endorse¬
ments the bonds issued bear 5 per cent.
An
analysis of the debt and funding operati ns is in
V. 24, p. 28.
There were $3,7(J5,OOj of railroad

1

£

Quarterly gold bonds, act of Sept. 15, 1870..

for

Where Payable and by
Whom.

Payable

.

Consolidated gold bonds ($300,000 are 7s)....
Loan to Jacksonville, Pensacola & Mobile RR.

Alabama.—The State gave 30-year bonds, dated
July 1, 1876, bearing 2 per cent till 1881, then 3 per
cent till 1886, 4 per cent till 189G, and 5 per cent for

Rate.

When

J.
Sacramento, Treasury.
1883
J.
do
do
1885
J.
do
do
1893
877,000
J.
Hartford, Treasury.
Jan. 1, 1883
J.
1,318,550
do
do
Jan. 1, 1884
O.
1,741,100
do
do
Oct. 1, 1885
1,031,000
N.
do
do
Mayl, 1897
J. Wash, or N. Y.t U. S. Treas.
3,995,000
gJuly 1, 1891
670,000
J.
do
d©
July 1, 1891
5
J.
1,092,300
do
do
July 1, 1899
3*65
A.
13,743,250
do
do
Aug. 1, 1924
7
J.
150,000
do
do
July 26, 1892
7
J.
423,000
do
do
Oct. 1,1901 to ’03
6 g.
1,810,000
J.
do
do
1892 A 1902
5 A 6
Various
786,100
At pleasure.
Washington, D. C.
6 A8
251,500
do
1879-’84
Q.-J.
7
350,000
N. Y., Importers’ & Tr. B’k.
7
6
A
do
923,100
do
g. J. A J.
Jan. 1,1903
8 g. J. A J.
4,000,000
6
F. A A. N. Y., Fourth National B’k.
'800,000
1881 and 1886
7
J. A J.
do
3,600,000
do
May, 1886
7 gdo
2,097,000
do
Q.-J.
Oct., 1890
7
J. A J.
do
307,500
do
July, 1892
8
A. A O.
800,000
do
do
April 1,1879 to’86
7
J. A J.
do
do
542,000
July 1, 1896
6
2,298,000
J. A J.
do
do
Jan. 1, 1889
4
Jan.
State Treasury.
1500,000
Jan. 1, 1885
6
J. A J. N. Y., Am. Exchange Bank.
357,442
At will.
6
J. A J.
do
23,000
do
Jan., 1880
6
M. A S.
do
36,000
do
Jan., 1880
6
142,300
J. A J.
do
do
Jan., 1880
6
N. Y., Winslow, L. A Co.
200,000
J. A D.
Dec. 1, 1879
5
510,000
A. A 0.
do
do
April 1, 1889

500 Ac.
1,000

Fund, b’ds (U.8. guar.,Acts June,’74AFeb.,’75)
Market house bonds, coupon
1872
Water stock bonds, coupon
1871 to’73
1872
Wash.fund’g, gld, ($660,000 are M. AN., 1902).
Other Washington debt, reg. stock
1828 to ’68

535,000

593,000

....

1873
1863
1864
1865*
1877
1872
1873
1879
1874

INTEREST.

2,810,670
1,000,000
1,886,000

....

1863
1863
1870 to’72

Permanent improvement bonds, coupon..
Bonds for funding (Act Juue 10, 1879) ...

$6,358,600
-

1,000
1,000

1875
1869
1870
1870
1870
1870

Funded debt bonds of 1873
Connecticut— War bonds, 20 year
l Coupon
War bonds, 20 year
>
or
do
not taxable, 20 year.. ) regist’d.
New bonds, coupon, 10-20 year
Dist. of Columbia- Perm’t imp’t, gold, coup—

reg. stock,($20,000
Florida—State bonds

Outstanding

100 Ac.

1869 to ’70
1870
1871
1838 to ’39
1874

of any error discovered In these Tables.

Amount

or

par
Value.

F6r explanations see notes above.

Georgetown,

SECURITIES.

by glrlig i rained bite notice

599; V. 27, p. 303; V. 28, p. 553,

Florida.— Less the sinking fund of $130,700.and J.
P. and M. loan, the total debt is $1,284,10-0, which
does not include $132,000 bonds of 1357, held
by
Indian Trust Fund. Coupons of the conso'. bonds
are receivable for taxes.
Real and personal pioperty assessed in ’77 at $30,898,247; tax rate, 9 mills.
The Jacksonville Pensacola & Mobile RR. loan is
in litigation, and the State Supreme Court has de¬
cided that the State is not bound for it. (V. 23, p.
576; V. 25, p. 212.)

Georgia.—The constitutional amendment in 1877
declared void several issues of bonds and railroad
endorsements.
The So. Ga. & Florida RR. has
$464,000 of bonds endorsed, but the Company pays
interest and the road is estimated to be nearly worth
Assessed value of property in 1878 was
the bonds.
&6 followe: Lands, $80,255,473; city and town prop¬

do
do

July 1, 1831
1883 to ’84
1879 to ’99
1884 to ’99

do
do
'

$15,000 1

July, 1893

119,000
Amounts
*

fundable,

1872 to 1906
1886

not

per

report of Jan.
1, 1878.

May 1,

1

80,000
4

L.

1907

March. 1, 1875
1886 A’88
Jan. 1, 1890
March 1,1909

erty, $48,370,413; tota1, Including personal, $226,221,716, against $235,659,539 in 1877, $245,853,750 in 1876,
and $261,755,884 in 1875; rate of tax in 1878, five
mills. (V. 25, p. 138, 162; V. 27, p. 653; V. 28, p. 17.)
Illinois.—The Illinois Central RR. charter tax

on

earnings is about $300,OoO. For 1877 the total as¬
sessed value as equalized by local assessors was:
Lands, $491,704,984; town and city lots, $208,521,067;
total, $892,452,315; total as equalized by State assess¬
ors, $931,199,308.
State tax in 1876, 2’8 mills. (V.
24, p. 40.)
Indiana.—There

are also $139,000 of 6
per cent
loan bonds.
There has been some question as
to the State’s obligation to pay the Wabash & Erie
Canal debt. Valuation, 1877, of all taxable prop¬
war

$855,190,125, against $864,720,440 in 1876 and
$897,739,783 in 1875. Tax rate, 13 mills. (V. 22,
p. 1C4, 209, 615.)

erty,

Kansas.—Kansas has but a small State debt, but
the issues of municipal bonds amount to $13,000,000.
The valuations in 1878 were: Real estate, $97,567,615;

personal, $25,606,163; railroad-*, $15,525,023—total,
$138,69S,801, against $136,019,113, in 1877. Tax rate,
5jtf mills for State purposes.
State funds hold
$713,7C0 of the bonds. (V. 24, p.40.)
Louisiana.—The

Constitutional

Convention

in

May and June, 1879, discussed the debt question.

New bonds were .voted for New Orleans & Pacific
Railroad in 1878, and their validity is affirmed

SECURITIES

STATE

>June 28 1879.J
Subscribers will confer a great

favor by giving Immediate

y

notice ot any error discovered In these
INTEREST.

.

DESCRIPTION.
For

explanation see notes on first page of

Date of

Size

Bonds.

par
Value.

tables.

Louisiana—( Continued)—
Bonds to fund floating debt of State.
to
to

Consolidated funded bonds
Bonds for N. O. <fc Pacific RR.
if ime—War loan bonds

Bounty loan bonds.
do

do

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

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

«

($2,000,000)....
I Coup.
\ or
f regis-

Municipal war debt assumed
J tered.
Mainland—Baltimore & Ohio Railroad, sterling
Chesapeake & Ohio Canal, sterling

outstanding.

$1,000

1870
1869
1869

Mississippi & Mexican Gulf Canal.,
do
Northern Louisiana & Texas RR. Co.
do
school & seminary, held by 8t. Treas..
do
to N. Orleans, Mobile & Chatt. RR
do
to N. Orleans, Mobile & Texas RR
N. O. Mob. & Texas RR. bonds, end. by State
do

100 &c.

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

11,777,100

Where

When

Rate.

Payable

6

M. <fc N.
M. & 8.
A. & O.
Various

8

J.

8

A. &

8
7

J. & J.

6

7*30
8

m

m

48,000

70,000
O. 2,500,000

_____

500 &c.

1,000
500 &c.
100 &c.

(?)
385,000
307,000
2,330,000
2,826,900
2,010,000

1870

Coast Defense Loan

Bounty Fund Loan

Bounty Fund Loan
do sterling
do

War Loan,

sterling

home
do
do
sterling
sterling
do
do
dollar bonds
do
do
do
Southern Vermont Railroad Loan
do
do
do
do

-

.

Boston, Hartford & Erie Railroad,
Harbor Land Improvement (5-20s)

sterling...

Lunatic Hospital
Lunatic Hospital, Worcester
New State Prisons, sterling
Danvers

Michigan,—Two Million Loan
War Bounty Bonds
Saint e Marie Canal

bonds

Minnesota—State BuildingLoan
State Building loan, coupon
Railroad Bonds (not recognized;
Missouri,—State bonds, proper
Consolidated bonds
University and Lunatic Asylum bonds
State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to Platte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri

Funding bonds

Renewal bonds, coup.,

Nebraska— Bonds (act
Nevada—State bonds
Territorial bonds
New

Railroad

do

do

1839
1839
1868
1870 & ’74
1872 & ’76
1872
1878
1861 to’62
1863
1863
1864
1864
1869
1858 to’61
1861 to’63
1871
1875
1873 to’74
1875
1860
1868 to ’69
1874 &’76
1874 & ’76
1875-’76
1875
1863
1865
1859
1869
1873

5-20s, (act Mch. 29, ’71)

Hannibal & St. Joseph

renewal

1858
1865 to *66
1868
1872
1874
1854 to’58
1857 to ’59
1859 to ’60
1854 to’59
1853 to ’59
1874
1875-6-7
1857 to’75
1874
1877
1871

Feb. 14,1877) coupon...

1872
1864
1872
1873

Hampshire—War loan, coupon bonds

Municipal war loan

State bonds
Loan of 1879
New Jersey—War

1879

•.

1863
1863
1864

loan bonds, tax free
War loan bonds, tax free

do
New York—

taxable

do

Canal debt,

-

'

Under Art. 7, Sec. 3, of Con¬
stitution, and Art. 7, Sec. 12.

Court, but the Governor declined
to sign them and \v»s sustained by the courts.
In¬
terest of .Jan. 1, 1819, whs paid, one-half cash and
one-half scrip.
The assessed value of property
in 1879 is $177/ 00,»K)0; personal property, *3i,361,402.
State tax rate, 11 mills. The interest tax is
5K mills, which the auditor estimates will produce
$730,125 in 1879. In 1878 Jcver year) collections for
interest were $536,762. There is overdue interest of.
tre years 1874 to 1878 inclusive, $893,604. (V. 26, p.
315, 342, 463, 470, 523, 625: V. 27. p. 41, 122, 200,
803, 677; V. 28, p. 18, 42, 173, 224, 526, 553, 624.)
Maine.—The sinking funds ($1,032,993), January,
1879, reduce the total debt to a net amount of
$4,815,905. Valuation of total taxables in 1875,

by the Supreme

$236,000,000; tax rate in 1877, 3 mills. For
treasurer advists 3% milli?.
(V. 28, p. 42.)

1878,

Maryland.—The assessed valuation of property in
1877 was $478,468,928; in 1876, $464,425,790, on
which the rate of taxation is 18% cents per $100.
The State has largely assisted canals and railroads,
and holds $4,7.35,821 of stocks and bonds ranked
as productive, leaving $6,037,088 of debt without
any offset; the State also holds $23,762,430 in un¬
productive securities. (V. 28, p- 42.)
Massachwetts.—Ml interest on the funded debt of

credit of
at home.
reduced
$200,000.
The sinking funds m Jan., 1879, were
$11,268,599. The Hoosac tunnel and connections

Massachusetts is paid in coin.
The
the State stands nigh in London and
During 1878 the funded debt
was

cost

the State about $18,854,024,

paid.

including interest

Real estate assessed in May, 1878,

$1,118,-

557,164, against $1,191,583,169 in 1877; personal,
including bank shares, $476,667,106 in 1878, against

Savings Bank deposits Nov. 1,
1878, $210,461,396; Nov. 1, 1877, $243.9:2,525. The
loan to Boston Hartford & Erie Railroad was
secured by deposit of $3,600,000 “Berdell” mort¬
gage bonds, afterwards exchanged for N. Y. & N.E.
RR. stock, and bad a sinking fund of $1,084,578 Jan.
$505,784,594 in 1877.

-

1879,




(V. 26, p. 40, 523.)

155,615
31,069
269,000
528,355
298,435
62,605

1839

Railroad

sterling
Troy & Greenfield Railroad loan,

2,502,555

1837

Chesapeake & Ohio Canal
Baltimore & Susquehanna Railroad
Annapolis & Elkridge Railroad
Defense Bounty Loan
Deaf and Dumb Asylum Loan
Maryland Hospital Loan, 10-15 years
Maryland State Loan
Treasury relief loan, 10-15 years
Mas8achusetts— Back Bay Lands Loan

Amounts not

fundable,

'

per report of
Jan. 1, 1878.

‘

1899
1909
1897

July 1,1910
April, 1911

875,000

»

N.

Jan.,

Y., Winslow, L. & Co.

i914

'

Various.

.

May, 1910

1

260,000

& J.
m

due.

payable
and by
whom.

$

6
6
6
6
5 g.
5 g*
5
5
3
6

M. &
F. &
J. &
A. &
J. &
J. &

3,326,750
225,000

500

888,000

1,000
1,000

500 <fcc.
£100 <fcc
£200
£200 <fcc
500 &c.
200 <fcc.
£500

200,000

4,379,500
4,000,744

999,944

5,506,952
1,366,500
3,598,450
1,497,980
670,000

1,000
1,000
5,000

1,300,000

£200

3,599,024

1,000
1,000

700,000
1,350,000

200,000

1,000
£500

1,100,000
1,292,280

1,000

591,000
299,000

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
1,000
1,000
1,000

46,000

50,000
250,000

2,275,000
439,000

2,727,000
401,000
104,000
504,000

6

1,361,000
2,971,000
1,000,000
4,350,000

6
6
6
6
6
6

1,518,000
1,482,000

549,267
160,000

380,000
600,000

3,000
106 &c.

300,000
600,000

100 &c.
100 &c.

900,900

&a io

200,000

595,400
473,000
1,562,900
847,500
4,302,600

2,000,000

J.
J.

& J.
& J.

*

g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.

9** & 10
9^

6
6
6
5
6
6

gg.
g.
g.

g.

do
do
do

do
do
do
do
do
do
do

do

1,1889

Oct. 1,1889
1890
1890
1880 & 1890
1890
1890
1885
1890
1890
1883

1885 <fe ’89
1887 & 1891

1887
do
1888 to 1893
do
& J.
May 1, 1880
M. & N.
Boston, Treasury.
do
do
July 1, 1883
J. & J.
do
do
July 1, 1883
J. & J.
do 4
do
May 1, 1894
M. & N.
May 1, 1894
M. & N.
London, Baring Bros.
do
do
July 1, 1889
J. & J.
do
Oct., 1888 to ’90
do
A. & O.
Boston Treasury.
April, 1891 & ’93
A. & O.
July, 1891
J. & J.
London, Baring Bros.
Jan. 1, 1895
do
do
J. & J.
1893 & ’94
Boston Treasury.
J. & J.
do
do
July-1, 1895
J. & J.
do
do
April 1,1890
A. & O.
July 1,1900
J. & J.
London, Baring Bros.
Sept. 1,1894-96
J. <fc J.
Boston, Treasury.
Boston Treasury.
J’lyl,’94-Sep.l,’96
Various
do
do
Various
May 1’95-Sep. 1 ,’96
Jan. 1, 1895
J. & J.
London, McCalmonts.
Jan. 1, 1883
J, & J. N. Y., Am. Exchange Bank.
do
do
May, 1890
M.& N.
do
do
July, 1879
J. & J.
St. Paul, Treasury.
July 1,1879
J. & J.
do
do
July 1,1883
J. & J.
Dec., 1887
J. <k D.
1883
J. & J. N. Y./Bank of Commerce.
1888
do
do
J. & J.
do
do
J. & J.
July, 1892
do
do
April 1,1894
J. & J.
1879 to'88
do
do
J. & J.
1879 to’89
do
do
J.
J.
1889 to ’90
do
do
*
J. J1 J.
1879 to ’89
do
do
J. & J.
1879 to ’87
do
do
J. & J.
do
do
July, 1894
J. <fc J.
1895-6-7
do
do
J. & J.
1887 to’95
T. & J.
N, Y., B’k N. America.
1894-5-6
do
do
J. & J.
State Treasury.
April 1,1897
A. & 0.
1881 and ’82
State Treasury.
Various
March, 1887
do
M. & S.
Concord or Boston.
Sept., 1884 & ’89
M. & 8.
do
Jan., ’92 to 1905
do
J. & J.
do
do
July 1, 1880
J. <fe J.
J. <fc J. Bost.,Nat.Bk.Commonw’ltb July 1, ’89-’90-’91
Jan., 1880 to ’84
J.
J. Trenton and Jersey City.
do
do
Jan., 1886 to ’96
J. 61 J.
do
do
Jan., ’97 to 1902
J. & J.
Oct., 1893
N. Y., Manhattan Bank.
J. A J.
do
do
July, 1887
J. & J.
Jan. 1,1883
do
do
J. <fc J.
do
do
July 1,1891
J. & J.
Oct. 1,1892
do '
do
A. & 0.
J.

8

6
6
6
6
6
6

& J.

A. & O.
J. & J.

6

267,000

2,206,100

rf-i

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

1,693,000

100 &c.
100 &c.

1875

1872
1873
1873
1874

465,000
691,291
500,000
220,000

100 &c.

do
do
do
do
do
do
do

A. & O.

Quart’y
J.

do

do

Baltimore, State Agency.

Q.-J.

6
6
6
6

June

Augusta and Boston.
London, Baring Bros.

J.
J.

1,1883

Aug. 15,1880

do
do

do
do

0.

Q.-J.

March

Boston, Suffolk Bank.

S.
A.
D.

142781
Railroads and canals
Eastern Shore Railroad
Baltimore & Susquehanna

Principal—When

Amount

or

Tables*

Michigan.—'The debt has been largely diminished
Assessed valuation of real
1877, $630,000,000. and tax
rate2tf mills. Surplus revenue is applied to pur¬

in the last few years.
and personal property,

chase of bonds.

■*

New Jeisey.—The debt was created for war pur¬
poses, and is provided for by sinking funds,
which amounted Jjm. 1, 1879, to $1,453,352. Of the
two classes of bonds the principal if pay¬
first
able $100,000 per year. In 1878 total valuation of

property was $531,851,849. Valuation of real property
m 1877. $119,729,400;
personal $123,868,381; total,
permanent school fund. Minnesota has refused $566,250,697, against $596,830,707 iu l->?6, and $612,to recognize the “ State Railroad bonds ” of 1858
731,094 in 1875. State tax,
mills. (V. 28, p. 58.)
to the amount of $2,275,000. A proposed compro¬
mise with the holders was defeated by a large major¬
New York.—The following were valuations and
Minnesota.—All the State bonds are now held by

the

ity in 1877.

Taxable property, 1875, $213,855,743. of

which $45,162,467 was personal; in 1876, $218,850,744,
of which $45,302,485 was personal; in 1877, $220,925,633. of which $45,141,659 was personal. State tax,
2 mills: tax for all purposes in counties averages

for State purposes in the years 1859 and
1865, and from 1871 to 1878 :
Year.
Beal Estate.
Personal.
State tax.
tax rate

bridges is $509,824,423. The tax rate is 40c. per
$100. In 1877and 1678 bonds maturing were mat by
sale of renewal bonds and by sinking fund. The
Hannibal & St. Joseph Railroad provides for its own
debt. (V. 27, p. 200, 409.)

and

Nebraska.—Ot these the State school fund holds
There are also $50,000 10 per cent “Grass¬

$426,267.

hopper” bonds of 1875, due Mar. 1, 1885, interest
paid J, & J. Real estate in 1877 assessed at $37,975,987; personal at $33,335,591; tax rate,
mills.
(V. 24, p. 204.)
Nevada.—The debt of Nevada is hardly more than
nominal, as the bonds are principally held in State
funds.

New Hampshire.—The debt of New Hampshire
created for war purposes, and is being
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be applied to their
war debts.
Total valuation in 1879, $169,95S,517.
Tax rate, $2 per $1,000.
was

gradually

1,641,379,410
1,692,523,071
1,750,698,918

452,607,7*2
447,248,035
437,102,315
418,608.1)55

1,960,352,703

407,427,399

1,599,930,166

17j% mills. (V. 22, p. 63, 567; V. 24, p. 40, 170,

Missouri.—The valuation of all real and personal
property in 1878 was $628,329,312, of which $433,663.920 was real and $173,543,091 personal. Rail¬
roads and bridges were assessed separately at $26,122.201; the gross valuation exclusive of railroads

$307,349,155
392,552 314

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

1859
1865

1373

2%
4 5$-80

5 79-120
9%
6 95-100
7%

6

1876
357,941,401
2,108,325,672
311-24
1677
* 2,376,252,178
379,4*8,140
3 1-6
1878
2,373,418,490
364,960,110
2 9-10~
The general fund debt was paid in July, 1878,
and tne canal debt only, of about $9,000,000. now
remains. Town,county, and city debts estimated by

State Comptroller at $25t),0.K)/j00. (V. 24, p. 17, 49;
V. 26, p. 18, 117; V. 28, p. 42.)
North Carolim.—YotsA property was assessed in
1876-7 at $148,564,557; 1875, $152,546,023; 1874, $139,953,361; 1873. $143,723,813. Tax rate 1878, 38 cents

$100. Interest is paid on bonds issued to N. Car.
RR.($2,800,000), as the State holds $3,000,200 stock
Other interest in
and receives dividends thereon.
default. A funding bill passed the Legislature Feb.
1879, which provides for funding old ante-war bonds
at 40 per cent of the lace value ; “ New” railroad
bonds recognized as valid at 25 per cent; funding
bonds of I066 and 1869 at 15 percent. All over¬
on

due coupons are to be
run 3) years, and bear
are

receivable

per cent

*

surrendered ; * he new bonds
4 per cent interest; coupons

for taxes,

the first coupon

being payable January, 1881.

of 2

Special

STATE

vi
Subscribers will confer

a

explanations see notes

on

Date of
Bonds.

first page of

Size

$50 Ac.
500 Ac.
500 Ac.

)
do

do

1,000
1,000

do

..

1866
1868
1867

Penitentiary bonds, act Aug. 24, 1868...

1868

1,000

I860
1856

100 Ac.
100 Ac.

do

war

do

Registered certificates of literary fund

Special
Ill

4

tax bonds

D/irri

i/)

irn

Vv 1

Tun

n

100 &c.
100 Ac.

1,000
L

a

Oregon—Bounty bonds

Modoc war bonds
Willamette Canal and Lock

1870

Pennsylvania—Reg. bonds, tax fr„ (red’ble '92),
Registered bonds, tax free, 15-25

years..

Loan

do
April 2
Stock loan of Feb. 2 (registered)
do
do
(registered)
do
do
(registered)

Agricultural College land scrip

Rhode Island—War bonds
War bonds
do
do
South Carolina—State stock
State House stock
do
bonds

1862

1,000
1,000

975,000
200,000

1,000
1,000

631,000

1,000
1,000

87,000
90,400

9,251,850

50 Ac.

723,950

6
5
6
6
6
6
6
3 g-

500,000

Various

1836 to ’61

Various

1853 to’54
1866
1854
1868
1868
1868

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

1838
1838

738,000
17,411
289,172
192,000
238,933

S*
6 g.

469,000
72,000

g
g
g
g

149,000
242,350
451,000
13,000
481,944

Dec., 1873
1873

Various

1873

Various

1874

1,000
1,000
1,000

Various.
....

Texas— Funding State debt (act May

1872
2.1871)..
Frontier def’se,gold,act Aug.5,’70(red’ble ’91)
1871
Revenue deficiency bonjls, act Dec. 2, 1871..
1872
Bonds, act Mar.,1874 (forpaying tloat’gdebt)
1874
Vet’u Pension bonds, act Apl.,’74, (red’ble’79)
1874
1876
Redemption of debt, act Aug. 6, ’76
"Vermont— War loan bonds, registered
1862
1851 to ’66
Virginia—Old bonds, 23 fundable, coupon
Old bonds, 23 fundable, registered
1851 to ’66
do
sterling, not required to be funded
1851
1871
Consol.) Act Mar. ’71) coup, tax receivable
do
do
1871
reg., conv. into coup...
do
1872
(Act 1872) “Peeler,” cp. not rec’ble
do
do
do
1872
reg.,
Deferred certificates (W. Va.)
1871
Interest on sterling debt, funded (Act 1871)..
1871
Interest unpaid Sept. 30, ’78, on debt proper.

1,660
1,000

1,000
100

1,000
500,Ac.
500Ac ?

Vari’s >
£100 Ac

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

.

Various
Various

241,257
4,023,000
149,254

6

‘6*
5 & 6

14,957,300
397,000

6
6

75,000
697,000
500,000
1,000,000
1,153,974
1,564,000
137,000
6,139,943

18,582,900
1,641,615
2,359,500
923,646
15,239,370
212,833

4,640,990

g-

e*
gg-

6
6

4,797,608
4,867,000

2,331,250

«•

n

151,780
7,000

1869

Tennessee—New funding bonds, act of 1873
Bonds regist’d, act of 1873,($292,300 are 5s).
Held by E.T. University (not to be funded)...

8,000,000
2,000,000
2,000,000
395,000

50 Ac.
50 Ac.

500, Ac.
1869
500,Ac.
1869 to ’70 500,Ac.

Land commission bonds
Fire loan bonds, sterling
do
stock, domestic
Bonds—Relief State Treasury
Reduction of Public Debt stock
Consolidated bonds, coup. (Funding act).
do
stock (Funding act)
Railroad endorsements

3,639,400
1,890,000
1,469,000
2,231,000
1,657,600
383,045
44,000
11,366,000
4,072,640
2,400,000
26,500
130,991
160,000

1864
1794

Conversion bonds and stock

4
6
6
6
6
6
6
6
6
6
6
6
7
7
7
5
4^2 ® 5
4
5 g.

(?)

$1,738,800

100 Ac.
100 Ac.
100 Ac.

1863

Funding bonds and stock
Ridge Railroad bonds
Funding bills receivable
Payment of interest
Funding bank bills

Rate.

1877
1879
1879
1852
1852
1867
1867
1867
1872
1863

Blue

INTEREST.

Amount

Value.

1879

do

or

par

tables8

Railroad and improvement bonds, old.
Railroad and improvement bonds, old.

Funding bonds, since

[Vol. XXVIII.

great favor by giving Immediate notice of any error discovered In these Tables.

DESCRIPTION.
For

SECURITIES.

% S-

11*'

{

6
6
5
6
6
6

6
6

When

Where

J.

A
&

J.
J.
F.
F.
F.

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

A
&
A
A
&
A

&

J
J
New York,
O
do
J
do
O
do
J
do
O
do
J
Raleigh, Treasury.
O
New York,
O
do
J. N. Y., American Exch. B’k,
J.
do
do
J.
State Treasury.
J
do
do
J.
do
do
A. Pliila., Farm. & Mech. B’k
A.
do
do
do
do
do
'J.
do
J.
do
do
A.
do
do
A.
do
do
A.
do
do

Harrisburg Treasury.

M.'a's. Providence,

A. & O.

do
do
do

do

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

Jan., 1900
Oct., 1898
Indefinite.

Oct., 1898
1898 to’99

July, 1881
Jan., 1887
1884
1880
1880
Feb. 1,1902
Aug. 1, 1904

July, 1882
July. 1882
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892
1 Q99

Sept. 1, 1882
July 1, 1893
Aug. 1, 1894
At

do
do

do
do
Columbia and New York.

pleasure.

1877 to ’86
1871 to’80

July 1,1887 to ’97
July 1,1875 to ’79
New York.
July 1, 1888
do
July 1, 1888
do
July 1, 1889
do
July 1, 1882

Columbia, Treasury.

Columbia and
do
do
do
do

do
London.
Columbia.
& J. Columbia & Fis. Agen. N.Y.
& J.
& J.
New York or Columbia,
& J.
do
do

Q.-J.
Q.—J.

J.
J.
J.
J.

1909
1868 to ’98
1868 to ’98
1868 to ’98
1868 to ’98

April 1,1883

Columbia, State Treasury,

Q.-J.

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

R. I. H. A T. Co

do
do

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

Due.

Whom.

Payable

J.
A.
J.
A.
J.
A.
J.
A.
A.
J.
J.
J.
J.
J.
F.
F.

Principal—When

Payable and by

J. & J. N. Y., Fourth Nat. Bank.
J. A J.
do
do
J. & J. N. Y., Fourth Nat. Bank.
Various
State Treasury.
M. & S. N.Y., Donnell,Lawson A Co.
J. & J.
do
do
J. & J.
do
do
J. A J.
State Treasury.
J. & J. New York & State Treasury.
J. & D.
Montpelier, Treasury.
& J.
New York.
A J.
Richmond, Treasury.
& J.
London, Baring B. & Co.
& J.
Richmond, Treasury,
J. A J.
do
J. & J.
do
& J.
do
J. A J.
J. A J.
London, Baring B. A C4).

July 1, 1868
July 1, 1868
1888

July 1,1893
July 1, 1893

July 1, 1914

1875 to 1900
Various.
1891
1911

1892
March
1904
1894

i,

July, 1906
Dec. 1, 1890
1886 to ’95

At pleasure
1886
1905
1905

Contingent
1905

1
tax bonds

are

ignored, and also bonds to Chatham

declared void the conversion bonds to the amount
of $5,965,000.
A committee to investigate bonds
and ascertain what consols were properly issued

RR. 1868. to Wilmington & Tarboro RR. and for
Penitentiary under acts of 1868. (V. 24, p. 17, 226;
V. 27, p. 678; V..28, p. 69, 2(D, 327.)
Ohio.—Ohio

has

appointed in 1377, and reported January, 1878
(V. 26, p. 141), rejecting certain numbers "of the
was

email State debt, but
large local debts, amounting in 1878 to $41,295,840, against $3:*,328,5« 9 in lts77. and $36,059,y76 in
1876.

Valuations

a

in

very

1877

were:

Real estate

consolidated bonds.

A court of

claims to hear the

bondholders was appointed, and in December a re¬
port was made, of which the purport is expressed
in Chronicle, V. 23, p. 18. Total valuation of all

in

cities, Ac.. $378,440,113; other, $706,347,619; per¬ property—in 1873, real estate. $83,270,998;
personal.
sonalty, $490,5^4,810. Total taxes levied in 1877 $32)836,‘,61; railroad property, $6,520,772; the total
$4,561,235 for t-tate purposes, 29 mills, and $22,975,- | for 1678-9, including counties not embraced in ab¬
512 on all local taxes. (V. 24, p. 17; V. 28, p. 69.)
! stract, is put at $132,217,936. Rate of taxation, 4%
mills. (V. 26, p. 68, 143, 232. 257, 420, 463; V. 27, p.
Oregon.—The debt Is provided for by sinking j
funds, payable from land sales. Taxable property j 141, 165; V. 28, p. 18, 378, 402.)
in 1875 was assessed at $41,197,149; % mill tax |
Tennessee.—"Sew funding law is given in Vol. 28,
was laid for Relief bonds and 1 mill for Bounty !
p. 353. The total debt JaD., 1879, was $20,221,300 in
bonds.
outstanding bonds, and $4,156,522 in overdue int.:
Pennsylvania.—The new 5 per cent loan of $8,000,- there were also $416 000 bonds yet to be renewed ana
000 was sold to take np maturing bonas.
Total ! $173,000 yet to be registered. The State’s endorse¬
debt
November 30, 1878, $21,586,200;
sinking > ments for railroads are $1,308,000, which is taken care
fund, $8,504,899.
No tax is laid for State, of by the roads. Total valuations in 1878 $223,303,purposes on real estate, and revenue is raised j 305, of which $192,310,815 was lands and “town
principally from corporations. Taxes are levied ! lots,” and $20,871,338 “other taxables.” The total
on
personal property, which was assessed in 1877 j was $236,000,000 in 1877, $278,020,534 in 1876. and
at $159,318,817, and the tax was $574,817.
State
$283,< 38,583 in 1875. The rate of taxation was re¬
duced from 40 cents on the $100 to 10 cents by the
expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency. ’ Legislature, in March 1877. Tennessee bonds sold
The State holds $1,754,331 in stocks and $7,900,000
in New York as “old,” are those issued before 1862;
of railroad
bonds.
Any coupon bonds may “New,” issued since 1862; “New Series,” the new
be changed to registered. The bonds due in 1877
funding bonds. (V. 26, p. 68; V. 27, p. 42, 165, 599,
are payable at anv time till 1882; those of 1882 till
678; V. 28, p. 44, 97, 174, 200, 277, £53, 429, 454, 526,
1892.
(V. 26, p. 18; V. 27, p. 149, 229; V. 28, p. 43,
580.)
146, 600.)
Texas.—For all bonds, except 10s of 1894, the
Rhode Island.—The debt was all created for war
interest and 2 per cent of principal yearly are pro¬
vided for by special appropriations.
purposes and is being steadily diminished.
The
The valuation
valuation of real property in 187G was $185,159,843,
of taxable property in 1878 was $243,202,424,
and personal, $86,89.',928, and tax rate 15 cents on
against $257,632,<X 0 in 1876. Tax rate, 50. From the
$100.
Comptroller’s report, for 1876, we have the follow¬
ing statistics:
South Carolina.—The funding law approved Dec.
22, 1873, provided for scaling down the old debt by
Total value of taxable property assessed. $257,632,009
giving new bonds to the extent of 50 per cent, and State tax.
1,288,249




J

,

Poll tax
Miles of RR. in the State ass’d for taxes...
Value of railroads, &c
55,950.038 acres of land assessed at
Value of lots assessed in the State

$211,034
1,493

$16,577,508
110,288,629
45,674,101

....

(V. 23,

p.

452; V. 24,

p. 535; V. 25, p.

115.)

Vermont.—This State has a very small debt—all
war purposes.
Of the registered bonds
$135,500 are held for Agricultural College.
The
created for

sinking fund, Aug. 1., 1876,

was

$135,932.

Virginia—The law of April. 1879, for re-funding

the debt, is given in Chronicle, Vol.
28, p. 353.
The Funding act of 1871 provided that
coupons
of the funded bonds should be receivable for
State taxes. For two-thirds of the old bonds a new
bond w’as issued, and for the other
a deferred
certificate given (as the proportion due

by West
Virginia). The act of 18'<2 amended that of 1871
by not allowing coupons to be received for taxes.
The report of W. F. Taylor, Auditor, estimat¬
ing the revenue for ihe year 1878-9, takes the real es¬
tate assessment for 1877, W'hich is $3,688,t90
greater
than that of 1878. and estimates the assessed
value of personal property at $2,194,069 more than

for

1378; and without including interest on the
literary fund, he figures a deficit of $770,608.
The annual interest on the principal debt of
$29 350.826, amounts to $1,742,865, of which $1,215,678
was met for 1878 by the receipt of the
coupons for
taxes, leaving a balance of $527,187 unpaid, not
including unpaid interest on the literary fund.
Assessed values in 1878 were: real estate, $242,702,503; personal, $73,984,368; total, $316,686,872; in
1877, $326,027,346; of real estate in 1&76

was

$242,-

756,548, against $251,573,611 in 1873. Tax rate, 5
mills. A case involving the taxation of consols is
on appeal to the U. S. Supreme Court.
(V. 26, p.

68,135, 181, ’<.09, 232, 342, 359, 384, 420, 524; V. 27.
p. 384, £99, 658; V. 28, p. 44, 70, 97, 121, 147, 174, 328,
353, 429.)
*

•

June 23,

1879.J

by giving Immediate notice of any error

Subscribers will confer a great favor

discovered In these Tables*

INTEREST.

For explanations see

Size

Date of
bouds.

DESCRIPTION.

Relief of drafted men
Purchase Congress Hall

Block
City improvement
Washington Park ($40,000 are 5s, due 1920)

.

1854
1864
1866
1870-’71

$1,000

$223,000

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

23,000
150,000
448,000

1870-’78
1874

New Post Oifice site

1875
1851 & ’52
Water stock
1874-’77
Addit’nal supply ($400,000 due 1900-3 are 7s)
1877
Western Avenue improvement bonds
1.000
1865
Bonds loaned to Albany Si Susquehanna RR..
’66-’67-’72 500 &e.
Atlanta, Ga.— Bonds for streets, <fcc
1869-’70
1,000
Bonds, A. L. Railroad and State House
1872 & ’77 500 «fec.
Bonds for West. RR. and floating debt
1874
1,000
Bonds, 1st and 2d series, waterworks
500 &C.
1877
Redemption bonds
1875
1,000
do
250 &c.
Various.
Augusta, Ga— Bonds for various purposes
1879
New bonds (for $63,000)
100 &c.
Various.
Baltimore— Consolidated loan of 1890
100 &c.
1877
Water loan, reg. stock, red. at will after 1916
100 &c.
-1878
Funding loan, reg. stock, tax free..
100 &c.
1863
Consolidated bounty loan
:
100 &c.
1865
Exempt bounty loan
100 &c.
1860
Public parks (Druid Hill)
100 &c.
1863
Park improvement loan
100 Sic.
1853
Five million loan to Baltimore & Ohio RR....
100 &c.
1853
One million loan to Pittsb. Si Conuellsville RR
100 &c.
1868
New City Hall
100 Sic.
1870
do
do
100 &c.
1874
do
do
100 &c.
1864
Consolidated loan
100 &c.
Court house loan
100 &c.
1870
Funding loan
100 &c.
1872
Western Maryland Railroad
100 Sic.
1872
Jones’ Falls
1873
Valley Railroad
100 &c.
1874
Water loan ($263,000 only are Gs)
Endorsements for Western Maryland RR
do
do
Union Railroad
1858 to ’72 100 &o.

High School

.

664,000
113,000
70,000
230,000

New York.
May, 1879
M. & N.
do
June, 1880 to’84
J. <fc D.
Feb., 1885 to’94
F. & A. Heston, Merchants’ Bank.
New York.
March, ’80 to 1900
M. Si 8.
1910-20
do
Various
do
May 1,1904
M. Si N.
do
M. Si N.
May 1,1879 to'85
Feb., 1881
do
F. Si A.
Feb. 1, 1893-1912
do
F. & A.
Feb. 1,1883-4-5
do
F. & A.
1895-’97
New York.
M. <te N.
1881, ’86 & '92
J. & J. Atlanta Si N. Y. Park Bank.
J. & J., 1890
do
do
J. & J.
J. & J., 1902
do
do
J. Si J.
Jan. 1,1904
do
do
J. Si J.
Jan. 1, 1897
do
do
J. & J.
do
do
Sept. 1,1885
M. & 8.

5, 6 & 7

1,000,000
436,000
400,000
418,000
430,000
77,000
52,000

2,033,000

7,306,540
5,000,000
1,000,000

7
7
6
6 <fc 7
6
6
8
7
8
7
8
10
7
6
6
5
5
6

.

-

.

Bangor, Me.—City debt proper
Muni cipal loan
Water loan bonds, coup. (Act Feb. 22, 1875).
—
European & North American Railroad
Bangor & Piscataquis Railroad
Bath,Mc — Fund.debt($24,500are6s, ’87, J.&J.

1874

1,000

1875
1869
1869

500 &c.

Railroad loan

1861
1869
Knox <fe .Lincoln Railroad ($23,750 each year)
1871-72
do
do
(F.&A. and M.AS) ..
1852 to ’64
Boston—For city purposes, war debt. Sic
1864 to ’77
do
do
do
1873
Burnt district, sterling loan
1869
Consolidated street improvem’t, sterling loan.
11860 to’64
Roxbury debt, assumed
1861 to’69
Dorchester debt, assumed
1862 to’73
Charlestown debt, assumed
1862 to ’76
Mystic water debt, assumed
1868 to ’73

Androscoggin Railroad.

Brighton debt, assumed:
West Roxbury debt, assumed
Water loan, Chestnut Hill reservoir

1,000
1,000

Various.
Various.
Various.
Various.
Various.

1,000

Improved sewerage, registered
Improved sewerage bonds, coup, and reg
trooxign—Debt of WilliamsburgU, local lmpr’t
Brooklyn local improvement loan
Mount Prospect Square loau
Soldiers’ aiu fund loan
Third street improvement loau, local
Gowanus canal improvement loan, local
do
do
do
Bushwick avenue
do
do
South Seventh street do
do
do
do
Union street
do
do
do
Fourth avenue
do
do
do
do

..

..

..

..

..

Albany — The loau to Albany & Susquehanna
is secured by 1st mortgage.
The valuation of
city property in 18^8 was: Real estate, $12,5)4,0t0;
personal, $1,748,800, estimated to be hbout onethird of true value. City tax rate 1879, 2’84, against

1877-’78
1879
1859 to ’61
1861
1857
1865
1867
1866
1865
1866
1867
1862
1867

943,161
85,900
800,000
755,900

^

100 &c.

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

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

6

102,500
193,000
425,000
475,000

5 & 6
6
6
6

6

420,600

5 g.
6
5 g.
5 g-

5,512,6
7
5 & 6
5 & 6

6*fi <fc 7
6*2 & 7

2,040,000
688,000

1,947,273
700,000

3,452,000

«

Q.—F.

A. & O.

6
6 & 7

1,000
-

Balto., N. Mechanics’ Bank.
Balto., Farm. & Plan. Bank.
J. Si J. Balto., N. Mechanics’ Bank.

6
6
6
6

814,000

6
6
5
6
6
6
5 &
5
6
6
5

1,000,000

138,000
213,000
90,000
552,000
302,000
212,000
200,000
238,000
260,000
170,000
201,000

g-

6

g.

g.
4i*
5
4

550,000
143,000

J.

Q.—J.
Q.—J.

1,000,000

1,000

-

(J,

do
do
do

do
do
do

Q.-J.
Q.-J.

5 &6

117,000
156,000
100,000
375,000

do

Balto., Farm. & Plan. Bank.
J. & J. Balto., N. Mechanics’ Bank.
Q—J. Balto., Farm. Si Plan. Bank.

6
6
6
6

1,015,300
2,779,700
1,375,000

do
do
do

Q.—J.

5

1,000,000

465,000
375,000
370,000
J 00,000
348,000
366,000

1,000

1871 to’74
Various purposes, for water works
1875-’7C
Water loan bonds, gold, coupon or reg
1877-’78
Public park and school buildings, registered..

500.000

14,288,500
4,997,603
3,449,199
392,300
104,500
1,060,000
1,228,000
183,641
410,000

1871
do
renewal of loan due ’70-71, all reg.
£100 &e
1872
do
do
’72-73
1,000
Water works, Roxbury, coupon and registered 1868 to’70
1871 to ’74
1,000
do
Roxbury Si Dorchester

1871
Dorchester, all registered
W. Roxbury Ac Brighton, all reg 1875 to’77
1876
do
reg
1872 to ’75
Additional supply water

1,000,000

1,000

1,000

do
do
do

1,000,000

do
do
do
do
do

do

Q.—M.
Q,—J,

6
6
6
6
G
6
6
5

1,000,000

3,521,800

Various.
Various.

6

410,353
555,566
185,723
5,000,000

1,000

JEIOO&C
£100&c
1,000
Various.
500 Sic.

1867 to’71

2,211,068

do

Balto., Farm. & Plan. Bank.
Balto., N. Mechanics’ Bank.

Q.-J.
M. Si N.
M.& N.
M. & 8.
M. & S.

1879 to 1903
June 1, 1899

Augusta.

Various
J. & D

5678781
-

6
7
6
7

6 Sil
7
7
7
7
6
7

Bangor, Me.—The valuation of real and

$1,815,500; floating debt, $382,415. Assessed value
of real estate in lb78, $12,*30,090; personal property,
$5,766,530. Tax rate for all purposes, $2 30 per
$U)0.

Augusta.—Of this debt, $600,000 was issued for
railroads, and balance for canal enlargement,
water works, &c. Sinking funds, Jan., 1879, $73,500.
Taxable valuation: real estate. $0,019,355; personal,
$1,692,370; tax rate, $1 50 per $10J. (V. 23, p. 17.)
Baltimore.—The fiscal year of Baltimore ends
now with December 31, instead of Oct. 31.
The
total of all the sinking funds, January, 1879,
was $6,978,965.
The Baltimoie & Ohio RR. pays in¬
terest on $5,000,000 loan: Water loan is paid by in¬
come of water works, and Public Park by City Pas¬
senger R'y, and against a total debt of $33.9o8.29J,
the city has $22,951,098 productive assets, leav¬
ing $11,009,199, against which are held $4,841,612 of
unproductive assets. The- basis of taxation is
$255,000,000. The amount lequired to be raised in
1879 is $2 ,959,633 by the
Register’s estimate.
%

The tax rate to cover
creased in 1878 frem $1
State taxes having been

personal

¥

Bath, Me.—The city holds a first mortgage on
Androscoggin road for the debt, and 2d and 3d

the

mortgages on the Knox & Lincoln for its propor¬
tion of $895,030 out of a total of $2,395,000 bonds
issued by several cities in aid of the latter road.

Unexpended balances of appropriations and 3 per
cent on city debt are appropriated annually to the
liquidation of the principal. Tax valuation, 1877,
$7,267,690; tax rate, $21 50 per $1,000.

Boston.— The population of Boston in 1870 was
292,497, against 177,840 in 1860; in 1875 it was 341,919.
Valuation of real property in 1878, including the re¬
cent annexations, was $440,336,300, against $481,409,300 in 1877; and personal, $190;060,90u, against$205,4:33,400; upon which the rate or taxation is $12 80
per $1,000, against $13 10 per $1,C00 in
1877,
The total funded debt April 30,1879, was $42,359,816.
The following is a comparison of the appropria¬
tions granted by the City Council, and estimated
income to be received for the fiscal year endieg

Apiil 30, 1879, compared with 1877-8:

(V. 22. p. 589; V. 23, p.
137, 334.)

212,418 in 1860.

514; V. 24, p. 12; V. 25, p.




1878-9.

$10,267,258

$9,555,892
2,306,950

increased from llfc cents

16J£ cents on the $100, the total was therefore ’n
creased of city and state taxes from $1 92If In 1877
to $2 08k on the $100. Population in 1870 was267,to

354, against

1877-8.

2,369,100

Per

centage

$7,898,158
236,946

$8,191,101

1916

8ept. 1,1893
Sept. 1,1893Sept. i, F89C -w;
Jan. 1, 1895
Jan. 1, 189C
Jan. 1,1886

July 1, 1884
April 15, 1900

March 7, 1902
After 1885
At will.

J. Si J.
J. & J.
J. Si J.
Various
J. & J.
J. & J.
J. Si J.
A. & O.
M. & 6
Various
A. & O.
J. & J.
1891 & 1902
do
do
Various
1879 to ’87
Various Boston, Treasurer’s Office.
1879 to '97
do
do
Various
April, 1893
A. & O. London, Baring Brothers.
do
July, 1899
J. & J.
1879 to ’84
Various Boston, Treasurer’s Office.
1879 to’81
do
do
Various
1882 to’93
do
do
Various
1881 to ’94
do
do
Various
1879 to'81
do
do
Various
1879 to '91
'
do
do
Various
1880 to 1901
do
do
Various
April, 1901
do
do
A. Si O.
Oct., 1902
A. & O. London, Baring Brothers.
1880 to’99
Various Boston, Treasurer’s Office.
1901 to 1903
do
do
Various
do
do
Jan., 1901
J. Si J.
1905 to 1907
do
do
Various
do
do
April, 1906
A. Si O.
1902 to 1905
do
do
Various
1901 to 1904
do
do
Various
1905 & 1906
do
do
A. Si O.
June & Oct., 1887
do
do
Various
Oct., 1897
do
do
A. Si 0
Jan. 1, 1899
do
do
J. Si J.
1879 to’81
Brooklyn.
J.
J.
ia
1891
do
M. Si N.
FH
1887
do
J. & J.
*
1885 to'94
do
J. Si J.
g
1881
do
J. Si J.
1879 to 90
do
J. Si J.
f
1879 to ’90
do
J. & J.
GC-*
1879 to ’90
do
QqO
J. Si J.
1879 to '86
do
J. Si J.
1879 to '95
do
J. & J.
9
1879 to '95
do
J 0*1
J. Si J.

roperty in 1878 is $9,642,461; rate of taxation, 2 14.
he loans to European & North American Rail¬
road and to Bangor & Piscataquis Railroad are
secured by first mortgages on those roads.

fourteen months was in¬
75 to $1 93 on the $100.

July 1,1916
After July,

'

•—i

s|

£«■

Vs

i

Placing the tax to be paid to the State at $412,74\
the following result:

the tax warrants exhibit

City and County
State, 1877

$7,248,942

217,468

$7,460,410

1877-8.

1878—9

$8,135,104
619,110

$7,466,410
412,710

$7,879,150
assessed valua¬

$8,754,214

The Auditor estimated that if the
tions were reduced to $660,000,(XM,

the tax rate re¬
quired would be nearly the same as in 1877, when it
was $13-10
Ter $1,000; the total valuations, aa
above, were actually made $630,427,200. (V. 26, p.
39; V. 27, p. 40; V. 2^, p. 145.)
Brooklyn.— There are also $25,000 7 per cent
National Guard bonds due 1880-81. The whole city
debt was as follows oa December 1,1878 :
Permanent loans
$29,401,500

4,781,978

Sinking funds

-

debt Jan. 1, 1879, was

July 1,1890

July 1,1900
Jan. 1, 1902
do
do
April 9, 1900
Oct. 31,1886
do
do
July 1,1894
Baltimore.Register’s Office.
Balto., N. Mechanics’ Bank. Jan. 1 '90 & 1900
Jan 1,1895
Baltimore, Franklin Bank.
1878 to ’92
Boston, Merchants’ N. B’k.
Jan. 1,1894Boston or Bangor.
July 1, 1905
Boston, Merch’ts’ Nat. B’k.
Jan. 1, 1894
do
do
do
do
April 1. 1899
1887 & 1898
City Treasury.
do
'83, ’85 & ’98
City Treasury and Boston. April 1, 1891
do
do
July 1,1880 to’99

3‘20 last year.

Atlanta.— The total bonded

i> ue.

payable and by
whom.

Payable

6
6
6
7

900,000
165,000

Where

When

Rate.

value.

notes on first page of tables.

Albany, N. T—Albany & Northern Railroad l’n

outstanding.

par

Principal—When

Amount

or

•

Vll

SECURITIES,

CITY

—i

Balance
Loans chargeable on
Tax certificates

$21,619,522

specified property

.

...

9,756,000

3,100,000
$87,475,318

Total net debt

The uncollected taxes were $449,156 on personalty
and $4,675,7)5 on real estate. The debt increased
in 1876 $781,623, m 1877 $659,382, and in 1878 $1,235,566.
Population in 1870,396,200. against 266,661 in
1860. Valuation of property and tax rates per $1,000
for five years have been:
Real.
Personal.
Rate.

$204,132,803

$16,136,304

$35 50
34 27

203,904,750

16,287,125

213,134,543
216.481,801

18,876,580

13,111,215

31 70

218,373,093

14,968,911

27 OK

32 54

viil

CITY

Subscribers will confer

SECURITIES.

great favor by giving Immediate

a

DESCRIPTION.
For explanations see notes on first page

Date of
Bonds.
s
of tables

Size

notice of any

outstanding

Value.

Rate.

When 1

Payable j

Brooklyn—( ContinuedJ—
1867
1869
1870
1876-’79

n
.

Prospect Park loan, registered and
Prospect Park loan

coupon

L860
1860
1857
1872

..,.
.

Permanent water loan
.

.

do

.

Sewerage fund bonds, continuous, local
do

do

S’tk

av. sewer

a
.

...

bonds.

Temporary tax certificates

to ’73
to ’72
to’72
to’75

.

8096781
coup, or reg

Cambridge, Mass— City bonds

.

City bonds

do
do
do
do
Water loan
do
do
do
do

,

Charleston, S. C.—City stock
City bonds, coupon

1879
1858 to ’63
1864
1863
1856 to’76
1873-’74
1874-5
1866
1866 to ’77
1865
1867 to ’75
1869-71

Fire loan bends, coupon

coup

•

do

....

....

....

River improvement bonds

....

Municipal bonds
Municipal and School bonds

County debt

Bonds for-erection of

a

Workhouse.

•

....

do

Cook

•

....

Sewerage bends

South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Di\

•

....

Water loan, coup
Chicago—Water loan
Water loan
=•

....

....

1000 &c
500 Ac.

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

1,000
500 Ac.

1,000
1,000
1,000
....

....

....

....

....

....

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

1,000
1,000
1,000

-

500 Ac.
....

1870
1863 to’72
1844 to ’54

500 Ac.

1855
1868
1868
1860 to’61

1,000
1,000

1,000

1,000
1,000

'

1,000

1855
1,000
1847 to ’50 500 Ac.

1847 to’48

500 Ac.

1S67-’6S
1853

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

Extension and improve. Water Works.. .K AF

Cincinnati Southern RR
do
do
do

,

do

do
do

Floating debt bonds,

($3,142,000

are

gold 6s)

coupon

Park improvement
Water-works bonds

D1

Hospital bonds
Street improvement bonds, short
Cleveland—Water works ($225,000 are 6
Funded debt ($100,000 are 6 p. ct.)

|1864 to’71
1

responsible for nineteen-twentieths.
V. 26, p. 282: V. 28, p. 41.)

(V. 25, p. 358;

Buffalo.—In

1875 real and personal property
$39,063,103; in 187u rule of valua¬
tion changed and assessment was $111,905,905.
In
1877 real estate was $91,130,^70; personalty, $8,S44,705; total, $99,975,575. Buff ilo also pays 7-10 (being
assessed at

§712,390)
Since
City 1,tax-rate,
1S77,
of Erie$1,010.
county
debt.June
1817.
bonds
exchangeable
on

22, p.233, 521; V. 23, p. 135.)

for

registered.

(V.

Charleston, S. C.—The bonds of Charleston are
mostly held within the State of South Carolina.
The assessed value of real estate in 1877 was $18,689,623; personal, $7,922,155; rate of tax, $2 60 per $100.
(V. 26, p. 360; V. 27, p. 407.)

Chelsea, Mass.—Sinking fund, $70,543, and $21,000
$15,767,Popula¬
tion, 1875, 20,737.
to be added annnallv. Tax valuation, 1878,
407; rate, $1 76.
’Total debt, $1,591,252.

Chicago.—Tbe

net funded debt Jaruary 1.
$13,057,000. Old certificates of indebted¬
ness, $321,000
Advances and warrants, $2,210,4ol.
Assessed value of real property, 1878, $104j42OJ-

1879,

was




1808

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

1,000
500 Ac.
1.000

1,000
1,000
1,000
....

....

....

....

....

....

....

053; personal, $27,561.383-total, $131,981,436. Tax
rate. 1873, $2 86 3-10 on the Illinois State
valuation,
and the city debt is limited to 5 per cent of that, A
decision of the Ill. Supreme Court in Feb., 1378,
held the certificates of debt issued prior to May,
1877, as in violation of this and void. A subse¬
quent decision held city scrip of 1878 valid. Of the
funded debt, $4,248,000 is on account of the
Water Works, which in 1878 yielded an income
of $897,176.
Assessed Value.
Real Estate.
Personal.
,

coupon

Cambridge, Mass.— The sinking funds amounted
to $8,6,568, December 1, 1»77. The investments are
nearly all in city bonds at par and stamped “ not
negotiable.” Only $52,<XK) debt matures before
1881.
Tax valuation, 1875, $68,623,014; 1877, $55,000.000. Total debt, $4,805,175. Population, 1875,
47,8-38.

.

1874
1875
1875
1876

1874 to ’76

The debt of Kings County, separate from the debt
of Brooklyn, is $4,181,821, of which the city is

the
have been

1878

1854 to’74
1872 to’74

House of Correction.

12 41

1869
1869
1869
1871
1871-’72
1871
1872-’74
1874
1876

1876-T7
p. et.). 1854 to’75

Lake View Park
Canal and canal lock

were

1853

1858

.

•

500 Ac.
l.ooo

....

J. & J.
1879 to ’90
Brooklyn.
J. A J.
427,000
ci
do
1879
ro
J. & J.
3,000,000
do
cn
1901 to ’24
a
a
4,900,000 5, 6 & 7 J. & J.
do
1907 to 1912
7
J. & J.
8,019.000
do
1915 to ’24
+2 la
J. & J.
6
1,217,000
do
£ c
1915 to’24
6
J. A J.
do
9,777,500
*d 8
1881 to 1908
J.
&
7
J.
1,439,500
do
P<
J. A J.
7 & 5
do
1,650,000
3 years from date.
J. A J.
7
do
100,000
3 years from date,
o £
4,612,000 5, 6 A 7 J. A J.
do
3 years from date.
J. A J.
7
do
618,000
1880
7
J. A J.
o
842,000
do
1875
U
6 & 7
3,100,000
1878-1881
7
Various
2,099,250
Buffalo and New York.
1879 to 1895
7
Various
1,000,000
Buffalo.
1893 to 1895
7
Various
700,000
Buffalo and New York.
1881 to 1893
7
Various
2,729,382
do
do
1879 to 1926
J. A J.
6
N. Y., Gallatin N. Bk.
100,000
July 1, 1896
M. A S.
6
100,000
Buffalo A New York.
Prior to 1936
704,632 5, 6 A 7 J. A J.
do
do
July, 1879-’83
5
M. A S.
do
50,000
do
Sept. 1, 1898
A. A 0.
100,000
5
April 25, 1898
5
Various Boston, Bank Redemption.
99,000
1879 to 1882
5
A. A O.
do
100,000
do
April 1, 1889
5 g. J. A J.
150,000
Jan. 1, 1893
Boston, Tremont Bank.
J. A J. Boston, Bank Redemption. Jan. 1,1881 to ’96
6
1,597,000
6
J. A J.
do
689,000
do
Jan. 1, 1903-4-5
A. A 0.
6
do
514,000
do
Apr. A Oct. l,’84-5
6
J. A J.
100,000
dodo
July 2, 1386
6
J. A J.
do
774,000
do
July 1,1831 to ’97
F. A A.
6
55,000
do
do
Aug.' 1, 1883
A. A 0.
6
do
485,000
do
Apl. 1, 1887-1395
M. A N.
6
do
162,000
do
May, 1889-1891
6
3,893,454
Charleston
1878 to ’98
Q-J.
6
«
Various
do
51,500
1883 to ’84
7
J. A J.
266,800
New York City.
1890
7
500,000
A. A 0. Boston, N. Bk. Redemption
149,000
5ig
1879 to 1833
6
Various
do
1,170,000
do
1879 to 1895
F. A A.
7
do
100,000
do
Feb. 17, 1883
6
F. A A.
do
200,000
do
Aug. 1,1887-’95
6
J. A J.
New York and Boston.
624,500
1880 to ’98
7
J. A J.
do
3,625,000
do
July 1, ’82 to ’95
6 - J. A J.
do
87,000
do
July 1, 1880
J. A J.
7
do
2,543,000
do
1880 to ’95
J. A J.
7
do
2,611,000
do
1890 to ’95
6
J. A J.
do
195,000
do
July, 1895 A ’96
J. A J.
7
3,403,000
do
do
1831 to ’99
'
2,000,000
7
J. A J.
do
do
1878 to ’79
J. A J.
7
New York (see remarks.)
640,000
1890
7
M. A N. N. Y., Metropolitan Bank.
4,191,500
May 1, 1880-’92
6
1,062,000
Various N. Y., Am. Exchange Bank.
1880 to’84
6
M. A N.
210,000
do
do
Nov., 1885
7 3-10 J. A D.
do
250,000
do
June, 1888
7 3-10 Various
do
300,000
do
1888 A 1889
6
J.
A
J.
99,000
do
do
Jan., 1890
6
M. A N.
195,000
do
do
Nov., 1890
A. A O.
6
do
397,500
do
April 1, 1895
M. A N.
6
do
146,500
do
March, 1897
7 3-10 Various
750,000
do
do
1897
60,000
6
J. A J.
do
do
Jan., 1900
175,000
6
Various
do
do
June A Oct., 1900
6
M. A 8.
100,000
Cincinnati.
March, 1908
7 3-10 M. A S. N. Y., Am. Excli. Nat. Bk.
150,000
Sept., 1899
7
M.
3-10
A 8.
do
150,000
do
Sept., 1899
7 3-10 A. A O.
100,000
do
do
Oct., 1899
7 3-10 M. A S.
136,000
do
do
March 1, 1886
F. A A.
7
450,000
do
do
Aug., 1886-’97
7
1 J. A D.
do
600,000
do
Dec. 1, 1891
7
U. A J.
do
700,000
do
July 1, 1902
7 3-10 | J. A J.
do
9,300.000
do
July 1, 1902
New York or London.
6,000,000 6g. or 7-3 M. A N.
May 1, 190q
6 A 7
M. A N. N. Y., Am. Excli. Nat. B’k.
2,000,000
Nov. 1, 1903
M. A N.
7
do
1,000,000
do
May 15, 1904
50.000
7
J. A J.
do
do
Jan. 1, 1896
F. A A.
7
do
300,000
do
Aug.,’85, ’90 A’95
M. A N.
50,000
7
do
do
May 1, 1906
300,000
1879 to’82
6
N.
A
1,700,000
7
Various
Y., Ain. Excli. Nat. B’k.
1879 to’95
6 A 7
Various
do
1,431,000
do
1878 to’94
7
Various
315,000
do
do
1887 to’92
7
264,000
Various
do
do
1894 to’96
409.000
6 A 7
Various
do
do
1878 to’88
7
200,000
J. A J.
do
do
1878, ’83 A ’84

§•9

....

....

'

7
7
7

-

1,000

1853 to ’54
1366

Chelsea, Mass— Funded debt,
Funded debt, coup

Due.

Whom.

•sSi

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

.

Bonds,

Principal—When

Where Payable and by

.

1,000

Buffalo & Jamestown Railroad
Buffalo New York A Philadelphia Railroad.. -11871 to’73
Water works bonds
.11868
11868 to’76
to ’76
Water bonds, coupon
1876
Park bonds (Act May 17, 1875)
1876
Tax loan bonds
1876-77-78
Water bonds, reg
1878
.

$453,000

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

1873
1876 to’78
1853 to’75
1873 to’75

.

Buffalo, N. Y.—Funded debt bonds

$1,000

1877-8-9
1877-8-9
1877-9-9
1870

.

B’kly:

Assessment fund bonds, continuous, local

Central and Knickerbocker
Boulevard bonds

discovered In these Tables*

1

Wallabout Bay improvement loan
Kent avenue basin do
do

do

error

INTEREST.

Amount

or

par

[(Tol. xxTin.

1853
1855
1855
18 <0
1862
186i

$13,130,677
21.637,5 >0
25,892,301
31J93.135
.

...

...

31,587,545
66,495,116
140,857,040
174,505,410
211,3 1,240
223,643,600
236,893,650
239. '54,890

1873
1874.
1875

262,969,820
.258,549,310
125,468,675
131,222,460

$3,711,154

,

Tax
Rate.

5,843,776
5 855,377
5,552,300
19,447.941
51,392,604

15 00
20 00
13 00

53,939,469
54,653,640

14 00
15 00

52,342,950

15
10
15
18
18

45,155,830

00
00

00
00
00

43.295,641
36,815,713
11'-!,684 314
27 04
34,715,834
1878..
104,420,053
28 60
27,561,333
Population in 1870 was 3%,605, and in October, 1878»
436,731, against 109,260 in 1860. The South Park,
West Chicago Park, and Lincoln Park loans are not
debts of the city, but of distinct corporations.
(V. 23, p. 622; V. 24, p. 443; V. 26, p. 192, 289, 436,
522; V. 28, p. 223.)
Cincinnati —In

addition

to

the

issues

holds

above

$950,000 of

Cincinnati Southern bonds in

sinking funds.

In 1870 the population was 216,239,
against 161,044 in 1860. Tax rate for 1877, $29 10
per $1,000.
The following table from the books
of the Auditor of Hamilton County, Ohio, exhibits
the assessed valuation of the city of Cincinnati in
the year I860, and from 1870 to 1877;

$....

5,355.393

52,847,820
45,042,54)
49,103,175

named, there remain several smaller amounts, as fol¬
$108,000 5s, November, 1834; $56,000 (YY2, &
O.) 6s, 1886-88; $17,009 6s (Q.). Nov., 1890; $27,090
6s (A.), Mar., .*.897; $.50,000 (H2.), Aug., 1897.
City
lows:

Real
Year.
1860..
1870..
1871.
1872..
1873..
1874..
1975..

Personal

Total

estate.

estate.

valuation.

$61,620,904
78,736,482
123.427,888
119,621,856
121,479,230
123,231,790

$31,411,812
57,370,754

$93,032,716
136,107.236

,

Rate tax
per

$1,000.
$17 45
31 60

56,9:34,044

180.361,932

22 20

55,462,410

175,084,296
185,645,740
181,950,074
184.498,565
183,952,956
179,430,142

20 10
23 06
23 38
28 82

64,166,460
58,718,284
125,976,835
58,521,7:30
1876.. 127,143,900
55,809,066
27 04
1877.. 123,920,270
50,609,872
29 10
—The
city is the sole owner of the stock of the
Cincinnati Southern Railroad, which is leaded to a
company formed to operate it. (V. 23, p. 379, 514;
V. 24, p. 11; V. 25, p. 16; V. 26, p. 334, 469, 522; V.
27, p. 94, 172, 251, 280, 677; V. 29, p. 624.)
Cleveland.— The valuation of property for taxation
1877 was $51,732,029 real, and $19.296.122personal;
rate, 1878,17 17-20 mills, of which 8 1-5 mills are
levied for interest and sinking fund. The sinking

in

tax

fund, Jan.,’76. amounted to $1,700,000, market value.
The sewer, street improvement and street opening
bonds are for special local improvements, and

redeemed by assessments
fited. (V. 27, p. 677.)

on

the property bene¬

June 28,

CITY SECURITIES,

1879.j

by giving Immediate notice of any error discovered In these Tables*

Subscribers will confer a great favor

E.C

INTEREST.
Date of

DESCRIPTION.

bonds.

For explanations see notes on first page of tables.

Cleveland—(Continued)—
Main sewers, special assessment

1860 to ’76

Size

1876-77
Infirmary and River dredging
Viaduct (mostly F. A A., A. A O. and J. A D.) 1873 to ’77

1877
1878
1870
Des Maine.s, Iowa—Bridge bonds
1875
Renewed judgment and loan fund....
1878
Funding bond fund
Detroit, Mien .- Bonds for various City purposes 1855 to ’59
Bonds for Water Work Co., on city’s credit... 1855 to’76
1859 to ’71
Public Building stock (City Hall) bonds
1872 to’74
Public sewer bonds
1871 to ’74
Elizabeth, N. J.—Improvement bonds
Consol, improvement bonds
1870 to’75
Funded debt bonds
1872 to ’73
School House bonds
1865 to ’66
Market House bonds
1875-’7G
Consolidated improvement bonds
Funded assessment bonds..
Tax arrearage bonds...;
1868
Evansville, Indiana.—E. II. A N. RR. bonds
1869
City wharf bonds
1869
AP. RR. bonds
*
1869
do
do
1870
Waterworks bonds
1876
Redemption bonds
1876
do
do

Bonds.
Bonds

’

do
do

*

$647,259

....

1,335,441

•

1,010,463

•

•

1,000
1,000

1,568,000

175,000
130,400
1,401,000
600,000

....

1,000
....

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

712 000
244 000

1,000
1,000

.’

1,000
1,000
1,000

;

Fitchburg, Mass.—City notes
City bonds
Water loan
do
Galveston, Texas- Bonds for various purposes... 1869 to ’75
Limited debt bonds (sinking fund 2 per cent). 1877-8-9
1873
Bonds to purchase blk. 321
1876
Galveston County bonds, G. C. & S. F. RR —

Hartford, Conn—Water bonds ($50,000 tlue’81)
Water bonds.
do
do

1,000
1,000
1,000

362,700
35,000
414,000
250,000
125,000
475,000
202,000
500,000
130,000
300,000

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

i;ooo
1,000
1,000

Funded debt

Capitol bonds.
Eolyoke, Mass—City notes
City bond8

1,000,000

1871-’74

1874
1,000
1872
1,000
Water loan
1873
1,000
Railroad loan ($60,000 are J. & J.)
500
1869 to ’70
Indianapolis— Bonds to railroads
1877
1,000
Bonds to Un. RR. Tr. Stock Yard (mortgage).
1873
1,000
Loan bonds, series A
1874
1,000
do
do
B
1874
1,000
do
do
C
1875
1,000
do
do
D
500
1874
Purchase-money bonds—Southern Park
1852 to’67
1,000
Jersey City—Water loan bonds, mostly coupon.
1869 to ’73
1,000
Water loan bonds, mostly coupon
1877
i;ooo
do
do
do
1873
1,000
Forty-year bonds
500 Ac.
1871
Improvement bonds
1872 to’76
1,000
do
do
1870
1,000
Morgan street dock
1872
1,000
Funded debt bonds
Various.
1,000
Old Jersey City bonds, coupon
Various. Various
Hudson City bonds
1869
1,000Ac
Bergen school loan bonds
1869
1,000Ac
do
street improvement bonds

improvement and water bonds
bounty loan
Greenville street improvement bonds, Ac
Assessment funding bonds
Revenue bonds, coupon or registered
Two-year temporary loan, June 17, 1878
do
do

Iowa.—Ass-essed value of prop'. rty,
tV.04.i41, wh ch is about 5 » per cent of true value.
Tax rate, §5 per $10t).
Des Moines,

Detroit, Mich.—The amounts of bonds

outstanding

given less those held by sinking fund. The
population in 1370 was Ty.bUl ;* in 1874, by State cen¬
The vaiue of waterworks is $<£,483,880,
sus. 101,08.1.
against a debt of $1,401,‘00. The water works bonds
are issued on a pledge of the city credit, and $75,000
per year collected in taxes to pay interest on them.
Assessed valuation, in 1878, real and personal pr perty, $87,8(15,685, aga-nst $93,709,375 in 1877, which
is made on the basis or true value, but prior to
1876 assessments were on basis of 30 per cent of
are

real value.

Tax rate, 90 cents per $100.

Elizabeth, N. J—Default was made in interest
Feb. 1, L79, see V. 28. p. 146. Suits on bonds are

pending.

Total bonded and floating debt Jan. l,

1879, was stated at $5,823,865. Estimated true value
of real and personal property, $25,000,000; assessed
valuation, .* 14,4()0,000.
Tax rate is $3 56 within
the lamp and water district. Population in 1875,

(V. 27, p. 461, 539; V. 28, p. 146, 599,

624.)

Evansville, Ind.—No floating debt. Total assess¬
ment of real and pe s^nal property in 1878, $23,-

500,000; tax rate, $1.25.
EaR.River. Mass.—The sinking fund amounted to
$143,068, January 1, 1877. The water works are
now completed.
Total debt, $3,5;7,04i. Popula¬
tion, 1675,45,340.

Fitchburg, Mass.—Sinking fund, $G9,500.




Total

6
7

5, 6, 7

467,800

100 Ac.

City bonds (H. P. & F. RR )
Park bonds (4 of these bonds are for $500 each)

7
7
7
7 3-10
7
7
6

300,000
300,000
105,000
100,000
100,000
280,000
250,000
600,000
400,000
200,000
372,000
850,000
50,000
400,000
300,000
100,000

1000Ac.

City bonds

7*

100,000

100,000

Large.

...

250,000
200,000

1869

1,000Ac

Various.
Various.
1875-’76
1876
1878

Various
500 Ac.

debt, $894,993.

227,000
243,000
250,000
226,500

-

5 g.
6
6
6
6
7
6
6
6
10
8
8
10
6
6
6
6
6
G
6
6

6 A

-

155,000
500,000

73
7'3
73
6
7
6
7
7
7
7 *
7

1,163,000
3,109.800
416,000
G22.000

1,869,000

2,161,500
125,000
500,000

6 A 7
7
7

7
7
7
7
7

1878 to’92
Various N.Y., Amer. Exch. Nat. Bk.
1878 to’84
do
do
Various
1878 to ’86
do
do
Various
1878-’87
do
do
1893 A 1907
do
do
Various
New York.
M. A S.
Sept. 1, ’78, to ’86
1898
do
June, 1880
New York.
J. A D.
July, 1885
do
J. A J.
do
July, 1888
J. A J.
1879 to’89
‘ Various N. Y., Metropolitan N. Bk.
1879 to 1906
do
do
Various
1879 to ’91
do
do
Various
1892 to ’94
do
do
F. A A.
1879 to ’81
Various N. Y., Farmers* L. A T. Co.
do
do
1880 to’95
do
do
Various
1881 to ’93
do
do
Various
1879 to ’86
do
do
Various
1885 to ’96
do
do
A. A 0.

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

A
&
A
A

A
A
A

A

are

May 1, 1898
May 1, 1899
Dec. 1, 1890
Dec. 1, 1895
July 1, 1895

New York.
do
do
do
do
do
do
do
do

N.
N.
D.
D.
J.
0.
N.
D.

April 1, 1906
May 15, 1906

Various
City Treasury.
do
Various
F. A A
Boston, Revere Bank.
M. A N. Boston, Bank Redfunption.
do
cto
M. A N.
do
do
M. A N.
do
do
F. A A.
*
M. A N.
City Treasury.
J. A J. Boston, Merchants’ Bank.
do
do
J. A J.
do
do
J. A J.
Galveston.
Various
do
M. A S.
do
M. A 8.
New York.
J. A J.
J. A D. Merchants’ Bank, Boston.
do
do
J. A J.
Phoenix Bank, Hartford.
J. A J.
F. A A.
City Treasury.
Suffolk Bank, Boston.
J. A J.
F. A A. Merchants’ Bank, Boston.
J. A JCity Treasury.
do
J. A J.
Various
City Treasury.
do «
A. A 0.
do
J. A J.
do
A. A 0.
City Treasury.
Jan.
N. Y., Winslow, L. A Co.
J. A J.
do
do
J. A J.
do
do
J. A J.
do
do
J. A J.
do
do
J. A J.
do
do
J. A J.
J. A J. N. Y.,Merch. Ex. N. Bank.
do
do
Various
do
do
J. A J.
do
do
J. A J.
do
do
M. A N.
do
do
Various
do
do
J. A J.
do
do
M. A N.
do
do
Various
do
do
Various
do
do
J. A J.
do
do
J. A J.
do
do
J. A J.
do
do
Various
do
do
J. A J.
do
do
Various
do
do
J. A D.

Tax valuation, 1876, $11,711,888.

Population, 1S75, 12,289.

Galveston, Texas.—The total city debt
which all

due.

,

June 1, 1907
1908
1881 to 1888
1880 to 1891

Aug. 1, 1894
May 1.1895

Nov.1,1879-1880
1892-1906
Aug. 1, 1899-1905

Nov. 1,

Nov. 20,

10

per

cent

is $3£5,500,

currency,

except

$35,0C0park 8s, due 1892-1962. and the limited debt
bonds. Assessed value of real and per-onal prop¬
erty. 1878, $17,OOO OjO. Tax rate, $1 25 on $100.
(V. 25, p. 283.)

Harf/wd, Conn.—Total debt, April, 1878, $3,050,001; net after deducting resources, $2,152,100. Tax
rate in 1877, 9% mills for city, and 8^ for town pur¬
poses; for 1878, 8% mills for city was recom¬
mended. (V. 2?, p. 599.)

Holyoke, Mass.—Bonds all coupon, but can be
registered.
Sinking fund, $12,000.
Total debt,
$96 ,5 )0. Tax valuation, 1377, $9,399,820. Popula¬
tion. 1875. 16.260.
Indianapolis.-The assessment of taxable prop¬

erty in 1878 was $50,029 97o; tax rate, $1 08 per
$100. The School Board is a distinct organization
and levies irs own tax, which is included in tax
rates and amount above given.
There are a few
other small issues, amounting in all to about

$50,000.
Jersey City.—One of the main cause < of the
temporary embarrassment of Jersey City is fouud
in the failure to collect back assessments.
The
Evening Post writes, as quoted at length in the
Chbonicle, (Vol. 28. p. 173) that an examina¬
tion of tne assessments charged against property
will show that this account has never yielded
eoongh to pay more than the interest on its own
bonds, and since 1874 it has not suffic.d for that.

\yhat is reasonably to be

1882

July 1, 1893

July 1, 1891
July 1, 1895-1906
1880 to ’91
1907-1909

1893-1902
1906

1879 A’81
July 1, 1881
July 1, 1890-’93
Aug. 1, 1900
June 1, 1891
Aug. 1,1882 A ’84
Jan. 1, 1893
Jan. 1, 1897

June 1,

1879 to 1886
Oct. 1, 1889
Jan. 1, 1900

Jan.AApr.l, 1894
Jan.l, 1889, to’90
Jan. 1, 1897

July
July
July
July

1,
1,
1,
1,

1893
1894
1894
1895

Jau. 1, 1899
Jan., 1879 to’95
1899 to 1913

July 1, 1907
July 1,1913
May, 1891
1892 to 1906
June 8, 1900
May 1, 1897
1879-’90
Various.

•

Jan., ’98 to 1900
July, 1889
July 1,1879

500,000

....

Bonds all coupon.

of

6
6
7
6
6

73
73

300,000
300,000
300,000
200,000
109,500

885,400
173,550
150,000
400,000
50,000
73,000
125,500
900,000
400,000

payable

Where pavable and by
whom.

....

7
7
7
7

1,575,000

*■'"

*"

•

986,000
755,000
90,000
66,000

„

1878

Fall River, Mass.—City notes

7

229,000

When

_____

297,500

1,000

1,000

.

6

5, 6, &7

340,500

1,000

.

6 & 7
•

6
6
10
7
7
7 •
7
7
7

213,000
378,000
174,000

1,000

m

Rate.

111,000

....

1877

do
do

do
do
Water loan
do
do
-

outstanding.

$....
•

Principal—When

Amount

or

par
value.

Street improvem’ts do
Street openings, Ac., do

25,000.

ix

Various.
Various.
1905-6
June 1.1886

June 17,1880

expected out of these

of assessments, which almo-t cost more
than they can ever be worth? The best w y to come
at this is to review the assessment account up to
arrears

January 22, 1879.

This reads as follows:

A. Total amount for which assessment
bonds were issu d
B. Total amount of assessments as orig¬

inally confirmed..

...

C. Amount of re-assessment
D. Amount placed on the city

Dy

this

re-assessment
E. Amou t collected on original con¬
firmation
F. Amount collected on re-confirmation.
G. Amount placed on city on assessments
not

re-assessed

H. Amount of assessments
I. Amount now confirmed

not set aside.

and due (ob¬

tained by subtracting from the sum
of items C and G, the sum of D and
H, and subtracting from the result
item

F).

$6,060,000

5,532,539

3,989,262
I,152,7c9

1,894,219
2,354,747

1,553,733
396,7o2

1,!8?,676

In this balance due of $1,588,676, the interest
accrued has not been included. This would amount
to about $200,000.
It Js concluded that $1,250,000
a reasonable net sum to be expected out of the back

is

A6S668IH6Qt0

•

of the city January, le79, was
sinking funds,
$1,014,536; taxes
due and unpaid,
f2,394,491.
Assessed valuation. 1877: Jersey City, real $54 581,869, personal
The total debt

$16,352,014;

$6,0 3,150; Hoboken, real $14,916,900, personal
$1,449,400; Bayonne, real $5,183,255. personal $159i.775. Population by 8tate census in 1875 was 116.883,
against 85,000 by U. 8. census of 1870. (V. 28, p.
173, 199, 352, 451.)

CITY

x

Subscribers will confer

a

great favor

DESCRIPTION.

Size

Funded debt
do
Water loan

Lewiston, Me.—City bonds ($25,000 each year).

1859 to ’64 5000&C.
1862 to ’75 5000&C.
1874 '
1,000
1873-’75
500 Ac.

....

•

•••

Water works
do
For improvement of streets

1852
1854
1857 to ’67

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

1873
1866 to ’67
1873
1871 to ’73
1853 to ’70
1868
1871
1868 & ’73

Re—constructing street
Public buildings and institutions
Public school and school houses
Sewer bonds
do

Elizabeth A P. Railroad
Wharf property

1,000

1,000
1,000
1,000

’54,’62,3, 8

Jail bonds?... ?
For old liabilities
do
do

1868
1869
1870 to ’74
Louisville, New Albany & St. L. Air Line RR.
1871
Change of gauge, Louisv., Cin. & Lex. RR—
1871
Roadbed
do
do
1871 to ’73
City bonds pay’ble by RRs.(mostly L. A Nash.) 1851 to ’63
1852 to ’75
Lowell, Mass.—City notes
Water notes
."
1871 to’76
Water bonds
1870

'

....

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

Lynn, Mass.—City notes
’Water notes
Water bonds
Funded debt

Manchester, N. H.—City bonds
City bonds ($70,000 1884, $10,000 1885)

....

do
Water bonds ($100,000 each year)
do
do
do
Sewer bonds ($8,000 1880, ’81, ’83, ’85)
Simcook Valley Railroad

1857
1877
1861
1871
1876
1872
1872

Milwaukee—Re-adjustment bonds
General city bonds
do
"do
Water bonds, coupon
do
registered
Minneapolis, Minn.—City bonds
I
City bonds
"do

341,000
60,000
300,000
900,000
328,289
242,000
100,000

1,000
500 Ac.

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

429,000
1,171,000
250,000
70,000

500
500
500

50,000

60,000
124.500
110,000
115,000
125,000
1,785,122
184,000
1,227,500
73,000
1,840,000
500,000
400,000

1,000
50Q
500

1875
500
Nashville, Tenn.—Nashville & Chatt. Railroad.
1849
1,000
Various city bonds
1870 to’77 100 Ac.
Kewark— Bonds, city purposes (s. fund of 1859)
1,000
War bonds, ltoatiug debt, Ac. (s. fund of 1864)
1,000
Public sclio ol bonds
1,000
Clinton Hill bonds, coup. & reg. (8. fd. 3 p. c.).
1875
1,000
Corporate bonds, coup, or reg.(act Apr. 21,’76)
1878
1,000
Sewer and improvement bonds (local lieus).
1,000
Aauvduct Board bonds
1,000

700,000

2,500,000
3,030,000
450,000

.

Bonds
Tax arrearage bonds
New Bedford, Mass.—City

?

City improvement
War loan

3.879

1876-’77
1861-’74
1875

bonds

Water bonds
do
do
New Haven, Conn.—Sewerage

City Hall
For

City

Derby Railroad ($20,000 payable yearly)

bonds

'

(10-20 bonds)

1,000

888,000
179,600
223,000
128,000
100,000
400,000
200,000
499,000

10,000

1876
1867 to’76
1872-’74
1871
1861
1867
1877

6
6
6
7
7
7
7
6
5 to 7

6,6^
6

6,7
6,7

3,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

60,000
160,000

150,000

Various
Various
J. A J.
A. A O.
J. A J.
J.
J.
J.
A.
A.
A.

Princ i pal—When

Where Payable and by
Whom.

Due.

Boston, Tremont Bank.
do
do
do

1879-1884
1880 to 1892

do
do
do

July 1,1894

Oct. 1,’90, to 1906

City Treasury.

A D.
A J.
A J.

July 1,1882

do
do
do
do

June 1,1883 & ’88

do
Louisville.
N. Y., Bank of America.
N. Y., Bank of America.
New York and Louisville.

March 1,1883

July 1,1885&1901
July 1, ’93-1913
A O.
0ct.l,’97-1907-’17
A O. N. Y., Mercantile N. Bank.
April, 1882
A O.
do
do
April, 1883
Various N. Y., Bank of America.
1887, ’89, 91
.

do

1886,’ 96, ’97

July 1, 1903

1891, ’92 A 1903
1883 to ’89

Louisville, City Treasurer.
N. Y., Bank of America.
do
do
Louisville and New York.
do
do
do
do

June, 1901
1888 & 1903
1879 to 1898
Oct. 1, 1898
1889

-

do

do
N. Y., Bank of America.

1880, ’94 & 1901
Sept., 1891
Feb. 1,1880

do
do
do
do
New York and Louisville.

Various
Various
Various

July, 1901 & 1903

City Treasury.

do
M. A N. Boston, Bank Redemption.

Various
Various

6

J.

A J.

6
6
5

6

J.
J.
J.
F.

A J.
A J.
A J.
A A.

6

J.

A J.

July, 1898

City Treasury.

1881 to ’93
1879 to 1894
1886 to 1894
Nov.

1,1890

1887 to 1890
1885 to 1890

do

Boston, Bank Republic.
July 1, ’91-’94-’96
5, 5i2, 6 Various Treas’y A Bost. Bk. Repub.
1879 to 1896
Various
do
5, 6
do
1882 to 1896
6
J. A J.
Jan. 1,1880-1894
City Treasury.
6
A. A O.
do
April 1, 1884-’85
6
M. A N.
Suffolk Bank, Boston.
May 1, 1893

1,300,000

1,000

Western division
do
do
do
do
Mobile— Funding bonds (act March 9, 1875)

7

32,000
36,000

1867 to’68
1867, ’8, ’9 500 Ac.
1870
1,000

Funding loan, gold
Mississippi River Railroad bonds
Endorsement Memphis & Little Rock RR
Compromise bonds, coupon

J. A J.
J. A D.
Various
Various
A. A O.
J. A D.
Various
M. A S.
F. A A.
J. A J.

400,000

100 Ac.

Post bonds

6
7

70,000
200,000

1,000

Memphis, Tom.—School and paving bonds

Various
Various

'

100 Ac.
100 Ac.

1872

7.
6

387.500
44,200
117,000
80,000

....

1874

M. A S.
Various
J. A J.

503.500
500,000
1.300,000
175,000
121.500
450,000

1871-’4-’6
1.000
1862 to ’76 500 Ac.
1857 to’67
1,000

City Hall and School House

5*2
6 A 7
6
6
6
6
6
6
5
6
6
6
7
6
7

350,000
1,508,000

Large.
Large.
1,000
Large.
!870-’3-’5 Large.

Payable

133,000

288,000
133,000
75,000
605,000
500,000
107,000

1,000

Rate.

When

$74,000
262,000
1,300,000
25,000
100,000
320,000
224,000
500,000
137,000
377,000
1,311,000
56,000
193,900
600,000
650,000
180,000
79,000
425,000
1,993,000

Lewiston & Auburn Railroad
Water bonds

Louisville, Ky.—For Jeffersonville RR. stock...
Subscription to stock of L. A N. RR

INTEREST.
•

Value.

Citv bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1891)

any error discovered in these Tables*

Amount

or

par

of tables

Lawrence, Mass.—Funded debt

f VOL. XXVIII,

by giving immediate notice of

Date of
Bonds.

For explanations see notes on first page

SECURITIES.

do

do

July 1,1890 &’95

City Treasury.

1887-’92-’97-1902

do
do

July 1,1880 to ’85
Aug. 1,1879 to ’87

Memphis.

*

1873 to 1902
1873 to 1900

2

M. A N.

7
6
5
7
7
7
7
8
8
8
10
8
7
8
7
6
6
6
6 A 7
6 A 7
7
7
6
7
7
6
7

J.
J.

A J.

A J.
A D.
A J.
A D.
A J.
A J.
A D.
A A.
A N.
Various
J. A J.
J. A J.
F. A A.
M. A N.
M. A N.
Various
Various
Various
Various
A. A O.
J. A J.
F. A A.
M. A S.
J.
J.
J.
J.
J.
J.
F.
M.

•

Nov., 1900

Charleston, 8. C.

F.
A.
A.
A.
A.
A.
A.
A.
J.
A.

6
5
5
6
7
7
6
6
5

J.

A
A
A
A
A
A
A
A
A

1907
June 1,1891
Jan. 1,1901
June 1,1896
Jan. 1,1902
Jan. 1, 1902
Dec. 2, 1892
Feb.

1881 to 1885
1886 to 1900

Nov.

1, 1901
Nsv., 1905

New York.
New York and Nashville.

1875-77-79
1870 to ’96
1879 to ’93
1879 to’91

Newark, City Treasury.
do
do

do
do

pril, 1888, to’ 9
July 1, 1895
Aug. 1, 1908

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

A.

O.
0.
O.
O.
0.
O.
0.

do
do
do

City Treasury.
do

City Treasury.

J.
A O.
A J.

do
do
do

2, 1894

May 1, 1905

Mobile, Mob. Savings Bank

Various

6,7

July. 1872

N. Y., H. Talmadge A Co.
Milw. and N. Y., A. Goettel.
do
do
do
do
do
do
do
do
New York, Park Nat. Bank.
do
do
do
do
do
do
do
do
do
do
do
do
do
do

(

1879 to ’93
1879 & 1892
1909
1886-’87
1879 to 1889
1891 to 1910
1879 to 1884
1900 to 1904
1885 to 1909
1883 to 1909
3t. 1, ’91 & 190

July 1, 1881
(

■v

Lawrence, Mass.—Total debt, $1,79).700, of which
$20,000 are 7 per cents.
No sinking fund.
Tax
valuation, 1878, $23,789 000; rate, 1’50. Population,
1875, 34,916.
Lewiston, Me.—Total debt, $1,096,101; sinking
fund, $90,410. The railroad bonds were issued 10
build the Lewiston & Auburn RR., which is owned
by the cities of those names. Assessed valuation
1877, $11,740,602; tax rate, 20 mills on the $1.
LouisvUle.—The funded debt, January l, 1879,
exclusive of loans payable by railroads
was
$8 079,0(0, against $V82,000 Janu iry 1, 1878. The
sinking funds on January 1. 1879. amounted'to
$4,501,489. Of the $8,079,000 there is payable out
of the sinking fund $3,561,000; payable by special
tax, $4,518,000. Population by ceneus of 1870 was
100,750, ugainst 68,033 in 1860; now estimated upon
tho basis of 7 to a voter makes 120.000.
value of property was highest in 1874.

$78,295,114;

in 1873 it

taxation for all

city

was

$63,194,487.

Assessed

being then

purposes in 1878 was

$100 in each district.

Rate
$2 17

or
on

The following figures give
property valuation for the past eight
years.
For 1871, $76,845,995; 1872, $77,156,642; 1873,
$77,225,372; 1874, $73,295,114; 1875, $75,536,812; 1876,
$71,849,772; 1877, $68,522,947; 1878, $63,194,487. In
order that tips shrinkage in values maybe better
understood, the following table is added:

the assessed

1874.

1876.

Grounds* impr’ts.$62,218,922 f 56,38'.-,964
Merchandise
9,696 401
P.061,150

Residuary
Personalty
Lowell, Mass.—All

5,664,930
714,860

1678.

$48,770,596

6,897,733

7,213 601
6,614.321

509J2'«
595.969
the notes held by savings
banks. Wuter loan sinkinsr fund, $143,906.
Tax
valuation. 1878, $40,064,126; 1S77. *39,345,266. Total

debt, *2,303,500.

Lynn,




Population, 1875, 49,6“8.
Mass.—Total debt, $2256,000.

Sinking

fund, $166,470.
Tax valuation, 1870, $20,927,115.
Population, 1875. 32,60n.
Manchester, N. //.—Total debt, $1,019,491; assets,

bonds, A, B & C ; $56,6 0 of bonds D. E & F; $33.1871; $123,000 of Mob. & Gt. Northern RR.
8s; $16,000 wnarves 8s; $30,000 Mob. & Ala. Grand
Trunk 8s; and $151,00*) Mob. A Northwestern RR.
500 8s of

$83,367.

Memphis, Tenn.—The city has been in default for
The legiflature passed
a bill,
January, 1879, repealing the ci'y’s charter, to
enable it to avoid its debts. A receiver for the
city
was appointed by the U. S. c< urts.
The circular ef
July, 1877, urged the city creditors to accept the
proposition to issue the new compromise bonds in
exchange for the present indebtedness (including
interest on past due indebtedness) at 50 cents on the
dollar. For judgments the Legislature authorized

8s. Also about $145 000 overdue interest on these
issues. In February, 1879. the Legbtature repealed

interest since Jjin. 1, 1873.

the payment of 55 cents.

the charter of the

city. Population about 38,000.
(V. 28, P. 214, 327.)
Nashville, Tenn.—At the close of the fiscal year,
Sept. 30.’?8, there were $301,185 of past-due coupons,
judgments, overdrafts. Ac. The total debt was
*1,7.12,685, against $1,671,360 Oct. 1, 1877. Assessed
valuation of all property, aoout $11,OCO,OC€: tax
rate,
1878, 2 per cent.

Assessed valuation of real

Newark.—'The bonds in the first line in the table

estate, 1875, $19,329,609; personal, about $6,500,000.
Tax rate. $2 per $100.
Population in 1870, 40,2:40.
(V. 25, p. 114; V. 27, p. 652,678; V. 28, p. 121,146, 2*24,

are

1878, valuation
provided

was

$55,255,711.

Sinking funds

for all the bonds.
There is also
about $47,000 scnp issued to settle old railroad
bonds.
Population by State census,-1875,
are

(V. 23. p. 622.)

101,000.

Minneap'lis, J/mn.—1Total debt, $971,5r0;
valuation, 1876, $21,834,078; bonds all coupon.

tax

Mobile.—The valuation of property in 1877 was $11,022,049 real estate and $6,118,462 personal property;
tax rate, 1 6-10 per cent. Interest wras in default
from July. 1873. A settlement with bondholders was
offered by Act of March 9. 1875, viz.: $510 in 6 per
cent bond for $1,000 of the old 8
per cent.
The 5
l er cent bonds have a lien on city revenue, and
exchange for these was offered at 75 per cent of
their face.
Up to Jan., 187-*, there had been
settled, of old bonds, all except $12,10J of oil

to

$114,900; those In second line

out of

sinking fund of 1864, $!,017,0j0; public school bonds
out of public school fund, $179,010; Clinton Hill
bonds by sinking fund, $53,200; tax arrearage,
$275,000; against local improvement bonds the
city holds $vi,039,724 of assessments unpaid and a
lien on the property.
Temporary loan bonds, Jan.

579.)
Milwaukee.—The city cannot issue debt beyond 5
per cent of its average assessed value for five years.
In

payable out of the sinking fund of 1859, which

amounts

1, 1879, were $683,500.
Valuation of real and
personal property, 1878, $91,784,230. Tax rate for
all purposes, 1878, $1 96 per $100.
Population in
1870, 105.059. (V. 23, p. 253.)
N. Hedford.Mass.- Total debt, $1,750,6r0. No sink¬
ing fund. Tax valuation in 1817—real estate, $12,609,200. against $11,946,600 in 1875; personalty, $13,524,097, against $14,428,674. Tax rate. 1877, $18 60 per
$1,) 00, against $17 in 1875. Population. 1875 25,895.
Neio Haven, Conn.—Total debt. Jan ’79, $869,000.
Sinking fund on City Hall loan, $54,832; municipal
bond fund, S12,617. The citv made a special loan of
$75,000 to the N Haven A Derby RR and guaran¬
teed $2 -5.000 of its 2d mortgage bonds.
Population,
I1 1870, 50/840. Tax rate, 1878, 9 mills.
'

,

,

June 28,

CITY SECURITIES.

1879.]

sut>M<*rlbers will confer a great flavor

by giving Immediate

xi

notice of

any error discovered In these
INTEREST.

Bonds.
For explanations see notes on first page of tables.
1852
1854-55

V.Orleans— Consol.debt ($650,000 pay’ble yTly)
Railroad debt
Waterworks loan of I860
Seven per cent funding loan of 1869

par
Value.

outstanding.

$1,000

$4,377,250

1,000

713,000

410,000

30,000
216,000
377,100

11,250,840

....

~

1,000

1862.430-9:57,
*

100 etc.
100 Sec.
100 &o.
100 &c.
500 <fec.
500 6cc.
100 &c.
100 &c.
100 etc.
100 &c.
500
500
100 etc.
100 ttc.
500 &c.
100 etc.
100 Sec.
500 &c.
500 &c.
100 Sec.
100 Sec
100 Sec
100 &c.
500 Sec.
500 &c.
100 &C.
100 Sec.
100 &c.
500 etc.
500 ttc.
500 &C.
500 &c.
500 &c.
500 &c.
500 &c.
500 <tc.
500 &C.
500 &c.
500 Sec.
500
500 etc.
500 &o.
500 &c.
100 <tc.
100 &c.

Sinking fund bonds
New Orleans— A decision of La. Supreme Court,
Dec., 1878, holds invalid the special tax prorisions
for consolidated bonds. The "floating debt, Jan. 1,
’78, was $1,841,928. The assessed valuation of prop¬
erty for 1878 is $111,123,6 *5. real and personal. State
tax*, 14# mills; city tax, 15 mills; total tax, 29#. A
scheme for settling the debt by a bond premium
drawing plan is in practice, and drawings take place
Jan. 31, April 15, July 31, and October 15. Popu¬
lation in 1870, 191,118; m i860, lis,610.
(V. 27, p.
148, 2*28,129; V. k8, p. 18, 352.)

Newton, Mass. -Total debt, $1,262,054. Tax valu¬
ation, lb78, $25,012,9 ■'.0; rate, $13*8) per $1,00).

Population, 1875, 16/05.
New York City.—The total debt of New York,
Jan. 1, 1879, was $145,562,190; the amount of

sinking funds $32,143,787.

The following statement

shows the details of funded debt, and the amount
in the city linking fund at the dates named:

Description.

Jan. 1, ’77. Jan. 1/78. Jan. 1, ’79.
Funded debt.... $119,631,313 $121,440,133 $126,128,815
Sinking funds.. 28,179,102 31,080,007 32,143,787
Net debt

Temporary debt.

Revenue bonds..

91,452,211
22,371,400
6,104,844

10,360,126
21,329,500
6,051,424

93,985,023
13,481,500
5,952,015

The population of New York by the U. S. census
In 1870 was 922.531, against 805,658 in 1860. Since
Jan. 1, 1861, the valuation, rate of taxation, and
net funded debt at end of year, have been as fol¬
lows:




3,849,800
6,485,000 6g., 5,6,7
296,000
75,000

2,215,900

7,269,400
700,000
521,953
597,586
2,767,000
3,000,000

liOOO

1,000
1,000

222,000
415,800

6Se 8
8

500,000

8
7
5
6 <fc 7
7

164,000

estate.

5

$1,000.-State. City.

174,624,306

218 626,178
206,028,160
1 >78.^00,855,700 197,532,075

Q.-J.
A. Sc 0.

July

1, 1892

1874-5 & 1894
Jan.
1, 1899
March 1, 1894
June 1, 1895
1887 to 1897

Dec., 1880
Aug. 1, 1911
July 1, 1922

April 1, 1881

....

1880

P

Q.-F.
Q.—F.
M.
M.
M.
M.
M.
M.
M.
M.
M.
M.
M.

O

3 62
3 87
4 'll
5 31

6 95

'—29
28
26
25

16 36
13 45
16 03
17 2 )
24 94
19 06

22
20
j 9
19

03

17
93
80
17 27
23 81

July 1, 1898

^

1887 et 1895

-go

Sc N.
6c N.

Nov. 1, 1901

to’9

1894 & 1897
1888

Se N.
<t N.
<t N.
it N.
<t N.

’89,’92,’96 & 1926
1889 Se 1892

a

6c
et
<fe
6c
31. it
M. <t

©

JO

00

fp

1889
1899
1884
1879
1890
1905 6c 1926
1884 to’88

© ao

0

©^
2

00

c

3

Hi

j}

1879, ’82, & ’88
1879 to’82
1890

0 a

>

^

CD

1

’*3

© a

0

ft

St«

Nov.

1,1879 to’83

Nov.

1,1879 to’83

1901-1904
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1882 & ’85

1894 to’96

May,’97,1916-’26
1903

o*§

Nov. 1, 1890
1880 et 1881

->

©•d
p“4

July 1, 1879

<-i

© a
U

ftl
&
w

0 O

Nov. 1,1879 to
1879 to ’92
1884 to’88
1894 to ’98
1883 to ’90

’80

1880 to’81
1895 to’97
1891

"S
©
f-M

,0
a

&
ft
®

00

©
f-l

2

1879

1882
1887
1903
1910

1884 to’88
1896 to 1901
1884 to’88
1891
1896
1879 to ’86

3
1908-1928
N.
1879 to ’85
J. Norfolk, Treasurer’s Office.
do
do
Sept., 1890
S.
0. Norfolk, Cit. Se Peop. Banks Apl., ’92; July,’93
N. New York, Park N. Bank.
May, 1901
Oct. 1, 1893
O. ThamesN.Bk; Bost.,Bk.Rep
Norwich.
O.
April 1, 1907
Jan. 1, ’98 & 1900
do
J.
Jan. 1, 1905
do
J.
do
April 1. 1908
O.

....

M. Se
J. Se
M. Se
A. &
M. &
A. &
A. <t
J. <t
J. Se
A. Se

Net

debt.
*20,087,301
*21,695,506
*26,185,190
*33,769,601
*35,973,597
*33,654,683
*32,914,421
* *35,983,647
* 47,791,840
*73,373,552
*38,369,386
*95,582,153
*106,363,471
*114.979,970

19 59
21 05
40—' *116,773,721
00
*119,811,310
50
*117,700,742
5J
*113,413,403

sinking funds.

1874 the towns of West Farms,
Kingsbridge, embracing about
12,000 acres, were annexed to New York.
Last
report of Comptroller in Vol. 27, p. 252. Mayor
Ely, in his me sage 0an. 1873, remarked; From an in¬
debtedness of about $18,000,000 ou Dec. 31, 1857, at
the expiration of ten years, namely, December 31,
1867, the amoui.t had increased to $32,914,421 26.
This covered the period of the war, daring two
years of which, 1863 and 18^4, more than $12,000,000
was added to the debt.
From 1867-8 may be dated
the accession of the corrupt administration known
By an act of
Morrisania and

due.

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

F. & A.

$

$

874..881.547.995 272.431,181
545 217,300,154

L'58S

J. Sc J.
Various
J. Se J.
M. & S.
J. Sc D.
Various
J. & D.

Rate tax p.

Personal

172,416,031
191,967,161
1864.410,774,43.5 223,920,535
18!,423.471 4 96
257,994,974 3 94
276.389,451 4 67
285 199,972 6 13
281,142,696 2 72
305,285,374 2 70
306,947,233 4 43
306,949,422 5 20
291.5 -7,643 5 41

■*

5 g.
6

150.000

1,000

$

whom.

....

125,000
160,000
200,000

1,000

Year, estate.

OSe 7
7
5 Se 6 g.
7
6 vt 7
6
6
7
7

1,100,000
6,900,000
1,027,287

100
100
100
100

Rea’

payable

N.
N.
N.
N.
5 Se 6
3,500,000
N.
7
6,500,000
N.
2,738,239 5, 6 et 7
M. Se N.
7
1,000,000
M. et N.
7
300,000
2,10s,000 5, 6 et 7 M. & N.
7,934,100 5, 6 Se 7 M. et N.
5,660,000 5,6,7tt6g M. et N.
M. it N.
6
200,000
M. et N.
6
636.000
1,244,000 5, 6 & 7 M. <t N.
M. et N.
6
265,000
Various
6 & 7
8,779.700
M. & N.
5 & 6
2,058,350
M. & N.
5 & 6
942,000
M. et N.
5 & 6
398,000
M. & N.
5
375,880
M. & N.
276,825
M. & N
6
900,000
M. Se N.
6
1,880,000
M. & N.
7
600,000
M. Se N.
5 & 6
554,100
M. & N.
6
4,000,000
M. Se N.
6
946,700
M. Se N.
7
745,800
M. Se N.
7
376,600
M. & N.
6 500,000
M. <t N.
6
855,204
M. <t N.
6
1,719,400
M. Se N.
6 & 7
493,200
M. & N.
6
900,450
M. et N.
6
100,000
6 g- Various
14,702,000
M. Se N.
7
6,000,000
M. Se N.
6
30,000
J. & 1j7
1,680,200
M. & N.
7
3,119,600

500 &c.

1875
1878

Court House

Where payable and by

M. & N.

5
5
6

24,000

399,300

100 &c.
100 &c.
100 &e.
100 &c.
100 &c.
100 &c.
100 &c.
100 etc.
100 Sec.
100 «tc.
500 &c.
100 &c.
100 &e.
100 &c.
100 &c.

Norfolk, Fa.—Registered stock
Coupon bonds ($20,000 due ’94 are 6s J. Se J.) 1870-’74
1872-’73
Trust & paving, coup, (pav’g, $189,300, J.&J.)
1871
Coupon bds, water (a ruort. on water works.).
1868
Norwich, Conn— City bonds
1877
City bonds
Water loan ($50,000 1890, $250,000,1898)... 1868 & ’70

When

1879 to 1895
City Treasury.
397,000 5, 6et 6^2 Various
J. Se J. Boston, Comm’nwealth Bk.
5 & 6
July 1,1905
812,750
1879 Se 1880
5 & 6
co
Q.—F.
2,414,000
Nov. 1,1902
M. Se N.
6 & 7
500,000
1883 Se D90
3
5 Se 6
Q.—F.
2,900,000
co
6
Aug. 1,1884 Q.—F.
250,000
Aug. 1, 1900
Q.—F.
3,614,600 5, 6 & 7
a
0
Nov. 1.1900&1906
4,820,000 5, 6 & 7 M. Se N.
1907 to 1917
6
Q.—F.
970,637
1907 to 1911
6
Q.—F.
490,000
1880
M. & N.
7
to
450,000
1887 <t 1898
6
Q.-F.
©
3,341,071
1879
-a
M. et N.
7
500,000
*"*

1864~to'’75 l,000&c

1875
($600,000 6s, balance 5s)
New York—Water stock
1841 to ’63
1872
Water stock
Croton water stock
1846 to ’69
New Croton Aqueduct stock
1865-6
1870 to ’77
Additional new Croton Aqueduct....
1871 to ’77
Croton water main stock
L865 to’74
Croton Reservoir bonds
1866 to ’70
Croton Aqueduct bonds
Croton water pipe bonds
1869
Cent. Park fund stock ($275,000 only due ’98) 1857 to’59
1874
Improvement bonds
Third Avenue improvement bonds (23d ward)
1877
1856
Central Park fund stock
1858 to ’71
Central Park improvement fund stock
1870-’78
Dock bonds
Market stock
1865 <fc’68
1869
City Cemetery stock
1876
City improvem’tst’k (partred’mable after ’96)
do
1870-’73
do
Lunatic Asylum stock
1869-’70
Fire Department stock
1809- ’70
Fire telegraph bonds
1870-’73
1869
Tax relief bonds
1870
do
do
coupon
N.Y.Bridge bds ($2,000,000 red.after July,’96) 1869-’77
1869-’70
Accumulated debt bonds.
1874-’77
Street improvement bonds
1871
Street opening and improvement bonds
1871
Ninth District Court-house bonds
Department of Parks improvement bonds.... 1874-’77
1874-’78
Assessment bonds
1871-’78
City parks improvement fund stock
1871
Normal school fund stock
1871
Public school building fund stock
1871-’78
Additional Croton water stock
1872
Sewer repair stock
1874
Consolidated stock
1876
do
20-50 (redeemable July ’96/
1873-’76
Museum of Art and Natural History stock.
1874
Third District Court-house bonds
1877
Armories and drill-rooms
1875-6
Liquidation of claims and judgments
1876
Central Park commission improvement bonds
1862 to’68
County Court-house stock..
1871
do
do
No. 3
1872
do
No. 4 & 5
do
1864
Soldiers’ bounty fund bonds
1864
Soldiers’ subs, and relief red. bonds
1865
8oldiers’ bounty fund bonds, No. 3
1865
Soldiers’ bounty fund red. bonds, No. 2
1864
Riot damages red. bonds
1864 to’72
do
indemnity bonds
1868 to ’72
Assessment fund stock
1873
do
do
1875
do
do
1870
Repairs to buildings stock
1871 to ’72
Consolidated stock, gold, coupon
1869 to’70
Accumulated debt bonds
1870
N. Y. and Westchester Co. improvement bonds
1874
Consolidated stock
1874
For State sinking fund deficiency
Debt of Westchester towns anuexed
1878
Consolidated stock, gold

6
6
5
7
7
8
7*3
7*3
7 g.
10
5

650,400
445,050
98,000

Seven per cent funding loan of 1870
Jefferson City (debt assumed)
*57, ’67/70
1870
Wharf impr. bonds (assumed by lessees)
1871
Street improvement bonds
1,000
1872
Consol, gold bonds (gen’l and drainage series)
1,000
Ten per cent bonds, deficit and old claim
Various.
1871
New premium bonds (in exchange)
N. O. Waterw’ks Co. new bds.(for $2,000,000)
Water loan

Rate.

232.000

1869
1869
1870

Newton, Mass.—City bonds and notes

Principal—When

Amount

Size or

Date of

DESCRIPTION.

Tables.

Ring” to full control. This dynasty con¬
power for nearly five y^ars, until 1872,
during which period the aggregate debt of the city
increased as fol ows : 186-*, $35,983,647 ; 1869, $47,741 84) ; 1870, $73,373,552 : 1871, $88,369,3 .6 ; 1872.
$95,582,153. Then followed an almost entire change
of administration, and many sincere efforts to econ¬
omize expenditures and diminish the increase of
as “the
tinued in

debt. But such efforts were only
limited degree successful, as the following
of its increase from 1873 to 1876 will show:
the public

$106,363,471 I 1875
114,9i9,969 | 1876

1873

1374

to a

table

$116,773,724
119,811,310

(payable out

The outstanding assessment bonds
of local assessments on property benefltted)

are

represented by advances to contractors, advances
on Boulevard work, and uncoliected local assess¬
The new consolidated 5 per cent gold bonds,
*6,900,00’, were taken Oct., 1818, at 105*28 ; but
the part of some of the strongest advocates of

ments.

for
on

objection

the city’s good credit there was great
made to the issue of permaneut binds »o pay off
assessment bonus originally charged against local

benefltted and in¬
assessments. (V.
17. 198, 358, 458; V. 26, p. 41; V. 27, p. 228, 252,

assessments on the property
tended to be paid out of those

25, p.

303; V. 23, p. 121, 454.)

Norfolk.— The “ Trust” bonds due April, 1892,
secured by deed of trust on city property.
Coupons of 1st series are payable at Citizens’ Bank;
coupons of 2d series at People’s National Bank.
Tax rate, $1 60; water tax, 40 cts., (special); total
rate, 2 per cent.
are

CITY

xii
Subscribers vrUl confer

a

"rent

favor

DESCRIPTION.
For explanations see 11 otes

on

'

Improvement bonds
Sewer bonds ($125,000
War bounty bonds
Funding bonds, “A”

Date of

Size or

Bonds.

par
Value.

1858-’73
1862-’71

Funded debt bonds

1869-’71
are

1869-’77
1863-’65
1877

M. AS.)

Renewal bonds, “B”

1877-’78

Philadelphia—Bonds prior to consolidation
Bonds
do
do
do
Bonds
do

•

for railroad stock subsidy subscript’ns
for water works
for bridges
for park and Centennial
for war and bounty purposes

municipal, school, sewer, Ac
Guaranteed debt, gas loans
Peoria, Ills.—School loan
Water loan ($50,000 each year)

•

•

•

•

outstanding.

$130,000

500
500
500
500
100 Ac
500

140,000

m

m

1,725,000

^

6,500,000
4,853,500
8,701,600
11,650,000
15,709,750
5,999,400

mmes.

m

m

m

•

....

....

Water loan

....

....

do

....

Bounty loan ($21,000 payable each year)

....

....

Peoria & Rock Island Railroad

....

Pittsburgh—Water exten. loan (coup, or reg.)... 1868 to ’74
Funded debt and other municipal bonds
1845 to ’72
1863
Compromise railroad bonds (coup, and reg.)..

Bonos impr. Penn .av., Ac. (local assessment). 1871 to’73
Bonds for overdue interest
1879
Portland, Me.—Lean to Atl. A St. Lawrence RR. ’68,’69,’70
1,000
Loan to Portland & Rochester Railroad
1867 to’69 500 Ac.
do
do
do
1872
do
Portland & Ogdensburg
1872
Municipal—proper, ($63,000 are 5s due ’83)..
1852-75
500 Ac.
Building loan bonds
.*
1867
1,000
Providence, R.I.—Bonds for public iinprovem’ts
1855
lOOOAc.
....

1863
1872

Water loan bonds, gold, coupon and reg
do
do
do
do
do
do

City Hall &

sewer

loan b’ds, sterling, cp. or reg
'.

do
loan of 1879
Prov. & Springfield RR. bonds,
Brook Street District notes

lOOOAc.
LOOOAc.
lOOOAc.
lOOOAc.
£100

1874

guaranteed...

1876
1875
1879
1872

....

1,000

1877

Richmond,Ya.— Bonds, reg.,($l 12,000 are coup.)
Bonds, reg. and coup. ($232,000 are coup.)...
Rochester, N.T.—To Genesee Valley Railroad
..

To Roch. & State L. and R. N. & P. Railroads.
For various city improvements
Water Works loan, coupon and registered

Fundiug loan

1,000

....

....

...

....

1,000

....

LOOOAc.
Various
lOOOAc.

....

....

....

1875

Rockland, Me.— City bonds
*.
Railroad loan ($20,000 payable yearly)

....

100 Ac.

....

1869
1871
1872
81. Joseph, Mo— Bonds to St. Jo. & Den City RR. 1860 to’69
Bonds to Missouri Valley Railroad
1869
Bonds for various purposes
1858 to ’69
Bridge bonds
1871
81. Louis—Renewal and floating debt bonds
1846 to’71
Real estate, buildings and general purposes.. 1840 to’68
Street improvement bonds
1855 to ’57
Water work bonds (old)
1856 to ’58
Tower Grove Park bonds (gold)
1868
Sewer bonds.
1855 to’69
Harbor and wharf bonds
1852 to ’68
New water work bonds (gold)
1867 to ’70
do
do
do
1872
Renewal and sewer bonds (gold)
1871 to’73
Renewal purposes, gold or sterling
1873
Renewal, Ac., bonds, gold, $ and £
1875
Renewal, Ac., bonds, gold, and £, coupon
1874-’79
Bridge approach bonds (gold)
1872
8t. Louis County bonds assumed—
Renewal bonds, coupon
1867 to’71
Bonds to railroads, coupon
1853 to ’55
Insane Asylum
1867

Various
Various
Various
Various

1,000
1,000

.

General purposes,

gold

Renewal, gold
Park bonds, coupon, gold
County bonds
SI. Paul, Minn.—Revenue bonds
Preferred bonds
8 per cent bonds
Lake Superior & Mississippi Railroad
8t. Paul & Chicago Railroad
Public Park (Como.)

Philadelphia —The to'al funded debt, January 1,

1879,

$55,093/241; guaranteed debt, $5,‘199,400;
floating debt, $10,742,458. Sinking funds, $13,499,810.
Total asset-*,
including sinking fund, railroad
stocks heid, $4,344,3';5 of taxes “du i and collecti¬
ble,” and *1.390.631 cash, were $2*2/203,445, leaving
was

balance of liabilities $49,631,656. The
following
table exhibits the assessed valuation and tax rate in
the city since 1871:
Real
Personal
Rate Tax
Year.
Estate.
Estate.
per $1,000
1872...
$502,415,863
$3,608,819
$20 80
1873
21 50
518,234,568
8,930.700
1874
22 00
539,003,602
9,239,933
1875
21 50
565,849,095
9,434,873
585,408,705
21 50
1876,
10,004,673
1877
22 50
593,313,532
9,755,000
1878
536,988,097
21 50
526 539,912
1879
20 50
8,039,8/2
There is no large amount of city debt maturing in the
next four years.
Assessed valuations of red estate
for 1879 are:
Full city property, $431,5:33,599;
...

suburban

property,

$31,992,025; farm

property,

$18,034,210.
Population, 1870, 674,022,
against
565,529 in I860. (V. 27, p. 629.)
Peoria, III —Total debt, $636,509; tax valuation,
1876, $14,574,105.
Pittsburgh.—Assessed valuation in 1878: Real
property, $106,134,123; per-onal, only $2,905,478:
“Occupation,” $5,679,129. Sinking funds. $473,277.
Tax rate, 1878, $1 Ok Popalatio“n about 140,000.
Interest d< faulted April, 1877. (V. 24. p. 519,591:
V 26. p. 159, 181, 363, 471; V. 27, p. 68, 643; V.
23, p.

43, 302 )

Portland, Me— The sinking fund March 31.1878,
was $377,<tol.
The city is protected by mortgages
on
Atlan. & St. Lawrence, Portland & Roches¬




-

.

700,000
450,000
1,350,000

1,645,800
425,000
600,000
300,000
2,000,000
2,000,000
1,500,000
1,397.250

600,000
500,000
700,000
3,145,000
1,214,700
168,000
750,000
961,686
3,182,000
410,000
160,650
400,000

150,000
205,000
431,500
150,000
299,400

500,000
1,922,000
1,148,000
70,000
336,000
346,000
885,000
870,000

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

3,950,000
1,250,000
681,000
1,074,000
707,000
2,747,000
461,000

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

1868
1872
1873 to’76
1875
1875
Various. Various
Various. Various
Various
1868
500 Ac.
1870
1,000
1873
1,000
.

'787,000

Various

500

•

7
7
7
7
7
6
6
5 A 6
6
6
6
6

Pay’ble
J. A D.
J. A D.
J. A D.
J. A D.
J. A D.
J. A D.
Various
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.

300,000
325,000
100,000
500,000
600,000
550,000
2,300,000
500,000
504,815
47,710
263,125

6
6
6
6
5 A
6
6
5
5 A 6
5
5
5

tion.

(V. 28,

p.

6

g.
g.
gg.

41-2

J.

7
5
6
8
7
7

J. A J.
M. A S.
J. A J.

do
do
do
do
do

do

Dec., 1879-1904
Dec., 1879-1900
Dec., 1879-1886

do
do
do
do

1882-1902

Deo., 1879-1900 ;
June, 1887
1901-1904
1879 to’85

Phila., Far. A Mech. N. B’k
do
do
do
do
do
do
do

do
do
do
do
do
do
do

)
S 1879 to 1903

S
)

•

• •

5 & 6
6
6
6
6 A 7
7
10 A 6
10
6
6
6
6
6 g.
6
6
6 g.
6 g6 g.
6 g6 g6 g.
6 g.

7
6
7
7
6
6
6
6

g.

g.
g.
g.

g.
12 A 7
7

200,000

8

100.000

6
6

100,000

7

Fa.—Real

estate

Sept. 1, 1907

1879 to ’95
June 1,1887

Sept., 1885
Jan., 1893

Jan., 1900
Jan., 1900

July 1, 1906
July 1, 1895

Providence.

June 1,1899
1892

do

Treasury.

Sept. 1,1880-’84
J.A J., 1880-1912

J.
1.
J.
M.
J.
J.

A J. N. Y., Nat. Bk. Commerce.
do
A J.
do
A J.
do
do
A 8.
do
do
A D.
do
do
A J.
do
do
A. A O.
do
do
M. A N.
do
do
M. A N. N. Y., Kountze Brothers.
M. A N.
do
do
do
Various
do
J. A D.
do
do
do
J. A D.
do
do
do
•

....

578.)

erty assessed, $48 000,090; personal,
Rate of tax, 1877, $2 per $100.

July, 1887
July 1, 1897

A J.
1886 A 1904-1909
A J. N. Y., Metropolitan N. Bk.
1879 to 1903
F. A A. New York and Rochester.
1893
Various
do do
1879 to 1902
J. A J.
N. Y., Union Trust Co.
Jan. 1, 1903
do
do
1905
Semi-an
1880 to 1897
•
City Treasury.
J. A J. Boston, First National Bk.
1880 to 1899
F A A.
do
do
1891
M. A S.
do '
do
1892
Various N. Y., Nat. B’k Commerce.
1880 to '89
M. A N.
do
do
Nov., 1889
Various 3t. Joseph an5. New York.
1878 to’89
J. A J. N. Y., Nat. B’k Commerce.
1891
Various N. Y., Nat. Bank Republic
1879 to’91
Various
do
do
1880 to 1906
Various
do
do
1882 A ’87
do
Various
do
1880 to ’83
F. A A.
do
do
Aug., 1898
do
do
Various
1880 to’89
do
Various
do
1879 to’88
J. A D. New York and St. Louis. June, 1887, to ’90
A. A O. N. Y., Nat. B’k Commerce.
April 1, 1892
Various
do
' do
1891 to’94
M. A N.
New York or London.
Nov. 1,1893
M. A N.
do
do
May 1, 1895
J. A J.
do
do
1894 A 1899
J. A D. N. Y., Nat. B’k Commerce.
Dec. 10, 1892

now limit the
cent of their astessed valua¬

paying the interest out of said receipts.

Nov., 1886,’87,’88

J.
J.

6 & 7
7 •

A D.

Rochester.—The bonds of Genesee Val. RR. loan.
$168 000, are provided for by net receipts from a
lease of said road to Erie Railway Company after

Richmond,

do

A N. Boston, Blackstone N. B’k.
A J.
do
do
A J.
do
do
A S.
do
do
Boston and Portland.
m’nthly
J. A D.
do
M. A S.
Providence.
J. A J.
do
J. A J. Boston, Prov. and London.
J. A J. N. Y., N. City Bank, A Prov.
J. A J.
do
do
.T. A J. London, Morton, Rose A Co

The laws of Rhode Island
rer

do

M..
J.
J.
M.

Population in 1870, 31,413, against 26,341 in 1860.
(V. 24, p. 512.)
Providence, R.T.—The principal debt of Providence
has been created since 1872 for water works, sewer
age and new City Hall. The floating debt at close of
fiscal year Sept. 30, 1878, was $2,793,300.
including
above B-ook Street notes snd $90,000 High Sch )ol
notes. The assessed valuations of all property in 1878
were; real estate, $86,34i,lf0; personal, $30,699,400.
Rate of tax, $14 50 per $1,000. The sinking fund
for bonds due in 1885. $516,737; sinking funds of
1893. $191,060; ’95, $1*20,803; 190C-6, $103,2*24. Popula¬
tion by U. S. census, 'W. 68,901; by State census, ’75,
debts of towns to 3

Due.

City Hall, by Treasurer.

6
6
6
7
10
7

ter and Portland & Ogdensburg Railroads.
As¬
sessed va'ue of real estate in 1877, was $19,067,200;
personal, $11,825,645.
Tax rate, $25 per $1,0J>.

100,800.

Principal—When

Where Payable and by
Whom.

1,405,000

500
100 Ac.
500

Rate.

When

J. A J.
} 1879 to 1905
J. A J.
S
J. & J.
1883 to 1905
Various N. Y., Amer. Exch. Nat. Bk.
74,500
1879 to 1890
M. A N.
100,000
do
do
May 15,1879 A’81
J. A D.
195,000
do
do
June 1,1888
Various
do
do
155,000 7,6g.A7g
1889-1891
10
M.
A
S.
42,000
Mch 1, 1882 A ’83
City Treasury.
7
J. A J.
New York.
100,000
July 1, 1888
A. A O.
7
4,413,400
1893 to ’98
Philadelphia.
6 A 7
Various Pittsburg, Phila. A N. Y.
2,241,000
1877 to 1912
4 A 5
J. A J. New York, B’k of America.
2,179,469
1913
7
Various
5,028,800
1883 to ’85
Philadelphia.

100 Ac.
100 Ac.
100 Ac.
500

do
do

County Jail

38,000

353,000
433,500
100,000
90,000

5,753,391

•

^

INTERE8T.

Amount

$500

1855
1855 to’71
1859 to’70
1868 to’70
1862 to *65
1860 to ’70
•

Recruiting and bounty bonds

[Vol. XXVIII,

by glvlns: Immediate notice of any error discovered In these Tables.

first page of tables.

Paterson, N. J.—School bonds

SECURITIES

Real prop¬

$2,000,000.

assessed, 1378,
$23 076.513; personal. $11,510,584. Tax rate, $1 40.
Rockland, Me.—Valuation of real estite, 1378,
$2,4*4,945; personal, $1,0:2,236. Tax rate, $31 per
$1,000.
St. Joseph. Mo.—Population in 1870 was 19,5€5,
against 8,932 in 1660. Assessed valuation of property,
$11,000,000; rate of tax, *23 mills. (V. 23, p. 135, 175;
V. 25, p 406 : V- 28, p. 477.)
St. Louis.—Population by the U. S. census in 1870
was 310,864, against 160,773 in I860.
The city and
county were merged by law in 1877 and city as¬

sumed the county bonds.
the resources were:
Balance April 11, 1877
Interest revenue

July 1,1887
*

Sept. 1, 1888
June, 1892
1893 to 1896

April 1, 1905
May 1, 1895
1879 to’90
1883 to’86

1889, ’90, ’96
1888 A’98
1900

1903

In the last fiscal year

Municipal revenue collections
Special collections
Proceeds of anticipation notes..
Proceeds of renewal bonds

1879 to 1881
1879 to 1880

$691,272
1,731,670

2,611.6<'9

322,416
725,000
351,000

$6,544/427
The

expenditures were
$5,900,941
Unpaid warrants on hand April 11, 1878..
40,944

$5,c59,996
Balance in

treasury April 10, 1873
$654,431
Comptroller gives the following in his re¬
port to April, 1879: The liabilities appear as follows:
The bonded debt at the close of fiscal year (April 9,
137*), was $15,9%,000; the bonded debt of the late
county, assumed by the city. $8/ 59.000.
Other
liabilities—claim of St. Louis Gaslight Co. for gas
furnished, with interest, $685,0;X).
The sinking
The

fund i3

follows: Assets of this fnnd at com¬
the present fiscal year, $590,095.
Tl e resources available this fiscal year will be about
Assessed valuation of real property in
$110,000.
as

mencement of

1879, $135,7,6,000; personal, $30,224,«60. Tax rate
r city purposes in old limits, $1 75; in new lim¬
its, $ ■ 50.
(V. 25, p. 20 i; V. 26, p. 290, 359, 436; V.
27, p. 229.)
f

in

St. ra*d, Minn.—Population in 1870 was 20,030;
1878 (claimed), 45,000.
Assessed valuation of

taxable property, 1878, $23 061.00.9, or about onehalf of the estimated actual value. Tax rate 13
mills per $1.

Mnbocrlber« will confer a

great favor by giving Immediate notice of any error
Date of
Bonds.

DESCRIPTION.
For

explanations see notes on first page of tables.

St. Faul, Minn. (Gortinueti.)—
Local improvement
Bonds

1873
1879

'

Salem, Mass.—City debt
*1
City debt

1877
1858
(gold)..
1863 to ’64
Judgment bonds, eonpon (gold)
1864
Central Pacific Railroad, coupon (gold)
1865
Western Pacific Railroad,
do
do
1866 to ’67
School bonds,
do
do
1867
Judgment bonds,
do
do
1870 to ’72
School bonds
1874
School bonds

do
Ban Francisco— Bonds of 1858, coupon

Park

improvement bonds
Hospital bonds
House of Correction bonds

City Hall construction

Widening Dupont St. (Act March 4, 1876) —

Savannah, Ga.—Construction of waterworks..

Improvement of Savannah River
Savannah, Albany & Gulf Railroad
"Funding coupons'and other purposes
"Redemption of bonds
do *
do
Bonds for

.-r

do
do
do
do
Park & wat’r
Water loan

&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.

-

•

»

1,000
500

1,000
1,000
500 &c.
•

•

•

•

Large.
Large.

special assessm’ts
Worcester, Mass.—City debt, coup, and resist’d.
City debt, registered (5 pieces,$100,000 each)
do
($248,000 reg., $552,000 coupon),

1870
1873 & ’74
1875-’78

reg.,

$84,000 coup.)

Salem, Mass.—The sinking fund amounts to
$173,063, and the bonds are valued at par; $1,146.-

of debt coupon; balance registered; total,
$1,452,678. Population, 1875,25.958. Tax valuation,
1875, $26,312,272; 1877, $25,810,600.
000

San Francisco.—Population by the U. S. census
of 1870 was 149,482, against 56,802 in 1860; in 1876
claimed 272,000.
Real estate for the fiscal year

ending June 30, 1878. is assessed at $190,221,003;
personal property at $70,041,340. About $54,000,000 of mortgages are now omitted from assessment.
Sinking funds raised annually amount to $263,500
1S77-8 is

county purposes.

$1 60 per $100, for city and

(V. 28, p. 165.)

64,500
937,500
368,800
117,000
349,500
534,000
500,000
400,000
(h
10,000

461,000
165,000
115,000
140,854
200,000

Large.

45,000
1,310,000
447,000
1,000,000
640,300
49,000
500,000
800,000
360,000

m

m

m

...

-

J.
J.

6

A.
J.

5
g.
g.
g.

J.
A.
J.

g.

M.

g.
g.
g.
g.
6 g6 g7 g.
6 g.
7 g.
7
7
7
7
7
7
7
7
7
5
7

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

6
7
7
7

7
7
7
6

& J.
& J.
& 0.
& J.
& J.
& O.
& J.
& N.
& 0.
& O
& D.
& J.
& J.
& N.
& J.

J.

&
&
&
&
&
&
&
&
&
&

F.

M.
J.
J.
M.
J.
M.
J.
J.
m

•

m

do
do
do
do
San Francisco.
do
do
do
do
do
do
do
do
do
do
do
do
New York and Savannah.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

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

5^
5

6 & 7
7
6

6, 7 & 8
73

8

228,200

7 & 8
5 & 6
6
6
5
6

399,900

5 & 6

-

Due.

1 QOQ

April 1, 1904
1879 to 1889
Jan. 1, 1891

Apl. 1,1883-1898
July 1,1904
Jan. 1, 1888
Oct. 1, 1883

July 1, 1894
May 1, 1895
April 1,1881
Oct. 1, 1887
June1,1882to'90

July 1, 1894

1897 & 1904
Nov. 1, 1891

July 1,1894
1899
1896

Feb.,
Nov.,
Dec.,
Feb.,
Nov.,
June,

1878
1883
1888
1886
1879

1890

Nov., 1900
Jan. 1, 1902

July 1, 1903

m

J. & J.
Various
Various
Various

6

A. & O.
A. & O.
Various
Various
M. & N.
Various
Various

Security Bank
do
do
do
do
do
do

do
do
do
do
do
do

do
do

do
do

City Treasury.
N. Y., Imp. &

Trad. N. Bk.
do

do
do

do
do

do

J. & D.
City Treasury.
do
J. & J.
A. & O. C.Treas.&Bost. Mclits.’ Bk.
Various
City Treasury.

April 1, 1879
April, 1879 to '84
July 1,1880 to’84
Oct.’81-’4,July,’S5

July, ’84, Apl., ’95
Apl., ’95, July, ’96
1881 to 1884
1880 to 1906
1879 to 1884
1879-1890

Apl. 1,’94, to 1905
Apl. 1,1879-1893
1879 to 1881
1879 to ’94

May, 1900
June,’93& 8ep.,’94
1879 to ’81
1879-1884
Jan.

1,1881

April 1, 1892
1887, ’88 & 1905

Various

do

1879 to 1881

Various

do

1879 to 1906

Savannah, Ga.—Default was made on interest
Nov. 1, 1876, in consequence of yellow fever and
non-collection of taxes.
The compromise now vir¬

tually carried out is given in V. 26,

p. 625, by which
per cent bonds are exchanged for the
face of old bonds; and for interest up to Feb. 1,
1679, 58 per cent of the face value in similar bonds.
Assessed value of real estate, $14,000,000; per¬
new

City Treasury.
Merchants’ Bank.

Boston,

A. & O. Boston, Nat.
do
A. & O.

6*v
6ia

do

6^
325,000
do
320,000 5^,6,6h Various
Various
137,000
5^,6
City Treasury.
6
Various Boston, First National B’k.
211,000

300,000

m

5 & 6
6

and by

Kountze Brothers,

do

Various

1,200,000

500 &c.
500 &c.
Various.
500 &c.

—

385,000
200,000
475,000
210,000
150,000
750,000
915,000
198,000

1,000

Large.

do reg. ($160,000 J.&J., $200,000 A.&O.)
8ewer loan ($92,000 are J.& D., balance J.&J.)

197,000
246,000

1,000

’70,’71,’76

Water works
8hort bonds, chargeable on

($315,900

Large.
Large.
1,000

Toledo & WoodvilleRailroad, coupon




500
500
500
500
500
500
500
500

lOOO&c.

Toledo, O.—General fund city bonds, coup

rate in

1,000
1,000

Large.

Railroad loan
Railroad notes

Tax

A. & O.

Various.

Springfield, Mass.—City notes
‘City" bonds
*
Water loan ($200,000 are 6 per cents)

Water loan

J.

6

Large.

....

& J. N. Y„

7

115,000
112,000
300,000
500,000
398,500
542,000
435,500
377,000
250,000

Principal—When

Where Payable,
Whom.

Pay’ble

$100,000

Various.

($170,660 A.&O.; $155,000 J.&J.)

When

Rate.

1,000

♦

8oinei'ville,~Mas8.—City debt
City debt
.”.

Amount

outstanding.

dUcovered In thesa Tables.

INTEREST.

$1,000

1872 to’75 500
1871 to’73 500
500
1874
1875 to’76 500
1876
500
1853
1853
500
500 &c.
1853
100 &c.
1866

1869
1870
1870
1872
1873
1878

city improvements

Harbor, &c., improvements
For floating indebtedness
New compromise bonds

Size or
par
Value.

100 &c.
100 &c.

-

Water loan

‘

ziii

CITY SECURITIES,

June 28, 1879.

6

per cent. Popu¬
sonalty, $4,200,000; tax rate, 1
lation in 1870, 28,235, against 22,292 in 1860. (V.
26, p. 18, 626; V. 27, p. 122, 173, 568; V. 28, p. 17.)

Somerville, Mass.—'Total debt, $1,771,854; sinking
fund, $45,131; tax valuation, 1876, $26,573,400. Ex¬
cept $140,000 5s in $1,000 pieces, all bonds are in
$2,000 to $50,000 pieces.

Sprinqfield, Mass.—Total debt, $1,946,611; cash
The railroad debt falls dne $20,000
No registered bonds. Tax valuation,
1870, $23,514,060; 1876, $35,109,456; 1877, $30,697,776.
Rate, 132. Population in 1875. 31.053.
Toledo—'Total debt, Jan., 1879, was $3,531,296. Of
this the debt payable by special assessments was
$640,300, and th*e certificates of indebtedness.
assets, $303,^89.
each year.

Taxable valuation of real estate, 1878.
$134,030,070; personal, $5,567,COO. Tax rate, $3 28
per $100.
Worcester, Mass.—Total debt, $2,407,100—reg.,
$1,663,800; coup., $743,300.
Cash assets, $150,180,
including $44,352 sinking fund.
Population,
49,317 in 1875. Tax valuation, 1870, $34,018,450 ;
1878, $41,969,748; tax rate, 1*54.

$103,147.

RAILROAD STOCKS AND BOND&

XIV

Snbucribers

will coaler

great favor by giving immediate notice of any error discovered in tliese Tables.

a

DESCRIPTION.
Miles Date
For explanation of column
of
of
headings, Ac., see notes
on first
Road. Bonds
page of tables.

Size,

or
Par

'

Alabama Central—(Selma & Merid.)—1st mort
Ala.d GLSouth’n.— Receiver’s certitic.of Ala.&Cliatt
1st mortgage, new, (for $1,750,000)

81

mortgage

Albany City loan (sinking fund, 1
2d mortgage
3d mortgage, sinking fund

yearly).

per ct.

Consol, mort. (guar. D. AH.) coup., may be
reg...

Alleghany Valley—Stock,

.v..

General mortgage (Riv. Div.)
Bonds to State Pa. (endorsed). 2d mort,. East ext.
1st mort., East’u Extern, guar, by Pa. RR

Funding income bonds, with traffic guarantee

Atchison d Nebraska—1st
mortgage
Atchison, Topeka & Santa Fe—1st mort., gold
Land grant mortgage, gold
Consol, bonds, gold

1871

78,158

ac.

3,500,000

3*2

1865
1865
1869

1,000
1,000

1,000,000
933,000

500 Ac.

1876

1,000

7
6
7
7
7

1866
1870
1871
1874
1878
1869
1870

1,000

50

do

do

Atlantic & Gulf— Common stock

'

do
do

f

t

do

1st

do

do

2d

do

205*2
265*2
S7

do

....

....

....

150
150

Alabama Central.-In default since January, 1872.

40, 5,6.)

adjustment, and a
Meridian complet.d Nov., 1878.
a new

Alabama & Great Southern.—Alabama A Chatta¬
nooga reorganized. Abojt *4'>0,000of the receiv¬
er’s certificates are disputed.
(V. 25, p. 40, 186;
V. 26, p. 17, c9, 84, 261; V. 27, p. 67, 85, 121.)

Albany & Susquehanna.—'This road is leased for
150 years from 1870 to Delaware & Hud-on Canal
Co., at 7 per cent per annum, on stock and bonds.
Consol.-mort. is for *10,0)0,000, of which $3,450,000
is to retire old bonds, and balance for a
part of old
stock and to lessee for improvements.
Net earn¬
ings
p.

in 18T8, $45 5,580.

(V. 25,

602.)
Alleghany Valley.—This road

p.

615; V. 27,

embarracsed in
1874, and compromised with creditors. Gross earn¬
ings 1878, *1,910,228; net $915,726. against $1,144,971
in 1877.
Deficieny for mortgage interest in 1878,
$240,2.50; deficiency on all interest. $698.-397. Of
income bonds, *2,618 40) are held by individuals,
and pay interest in cash when
earned; >3,9.9,00)
held by railroads draw interest in bonds.
'(V. 26. n.

493;

v.

was

27, p. 356; V. 28, p. 399.)

Atchison

eft

Nebraska.—Under rc-orgaoization,
*1 .121,000 bonds and 13,337,IKK) stock were given for

old bonds an l overdue empons. Dividend of 1
per cent paid December, 1878.
Gross receipts le78,

$452,057; net receipts, $98,405.
28, p. 399.)

(V. 25,

p.

510; V.

Atchison, Topeka eft Santa /^.—Capital stock.
*10,615.000; *2,000,000 was stock issued for equip¬
ment. &c., June. 1879.

Land grant estimated t<> be

2,932.781 acres, of which SrtS.lHl acres were sold to
Jan. 1, 1879. Net earnings, ’78,
$1,909,395. agiinstin
1877, *1.229.656; see an mal report, V. 28,p. 475. The
extens’onof leas d lines and new roads
buildin^in
1878 are referred to in V. 27.
The K C.’T.
p. 15.
& W. is leased ar 3) per cent of
gross earning,
rising to 31 oer cent in 1380 anrl thereafter. Denver
& Rio Gran le leaded .(see V.
27, p, 4)1).

(V. 27, p.

i




....

1850

....

1853
1870
1855

m

....

...

1874-5
1872

411
421

Purchase of Connellsv. RR (payable $40,000 y’ly)
Loan., ster;, (s. f. £7,500) lien on Chic, line bonds

100
100
100

....

....

Sterling mortgage, sinking fund

p.

m

1,000

....

....

Sterling mortgage, sinking fund

Negotiations pending for

m

£100
£100
100
100 Ac.

1861
1864

....

m

1,000

....

....

Debentures, sterling

(V. 27,

1868
1864
1871

30

do
1870 .sterling, £800,000, sink, fund
Baltimore loan, 1855-’90, sink, fund

connection with

....

....

Loan, 1850
Loan, 1853

100
£100

....

150
150
150
53
51
51
595

Washington branch

....

....

133
214
214

do

....

....

133

years

....

1871
1871
1857
500 Ac.
1857
500 Ac.
1868
1,000
1866
1,000
1866
200 Ac.
1866
200 Ac.
1854
1,000
1865
1,000
Var’us Various
1869
100 Ac.

81
81
81
133

mortgage

....

1868
1869

428

Bald Eagle, Valley— 1st mort., s. f.($5,000 per year).
2d mortgage ($5,000 per year)
Baltimore d Ohio—Stock
Preferred stock

«

....

58
58
428
428

do

100
500 Ac.

....

1867

....

Augusta d Savannah—Stock

U

500

ioo

286

Stock, sterling
do

1,000
1,000

350

Portland city bonds, 1st mort., sinking fund
3d

4,250,000
1,232,200
2,416,300
15,165,200
11,989,680
28,783,000
5,355,000
3,568,000
2,060,000

bonds

Registered certificates

mortgage, sterling, 5-20

.

....

do
Interest funding bouds....
Atlantic d St. Lawrence—Stock, currency...
2d

1871
1872
1873
1873

....

Virginia & Tennessee—Enlarged mortgage
4tli

460

£200
£100
£200

1874
1875

263

1877

£200

5

7

6 g.

or

7
7
7
7
7
7
8
7
7
7

'

1,748,500

3,693,200
782,976
1,666,000

J.
O.
O.
J.
J.
N.
J.
J.

7 g.

J.

A

J.

7
7
7
7
7
4
7
7
7
7
7
7
8
7

A. A 0.
A. A 0.

gg.

g.
g.

g.
g.

300,000
464,000
200,000
6,921,900

*

5,470,000
4,000,000

'306,000
157,000
458,000
6 S 4,000
621,000
452,500
990,000
969,000
84,190
226,900
28,600

5,454,680
787,000
1,500,000
713,000
1,022,900
336,900
100,000
14,785,100
4,599,578
1,650,000
579,500
1,710,000
3,017,697
2,938,091
2,420,000
8,683,686
9,232,341
880,000
7,703,034

(V. 23, p. 217, 427.)

1, 1908
July 1,1879
July, 1888
Nov.f 1895

Oct., 1885
May, 1881
April 1, 1906

i, 1896

A 8.

Boston, at Office.
Boston.
do
do
do
do
do
do
do
do
do
do
do
do
do

Mar.

1, 1908

July, 1899

Oct.

Jan. 1,1883-’88
Nov. 1, 1879

1, 1902
July 1, 1905
July

1905
1907

July 1. 1907
1908

A
A
A
A
A
A
A
A
A
A

7
7
7
7

J.

A J.

7 g.

A. A 0. N.

Y., First Nat. Bank.

Oct.

1,

8

J.

7
8
8
6
6
6
8
8
8
3
3 g6
6 g.
6 g.

J.

Y., Perkins, L. A P.

Jan.
Jan.

1, 1887
1, 1887

g.
g.
g.
g.

g.

6
7
4
3
5
6
6
6
6
6
6
6

O.
New York, Office.
J.
do
J. Atlanta, Ga., atTreas’y.
O. New York and Loudon.
do
J.
do
S.
do
do
N.
do
do
J.
do
do
J.
London, Co.’s Office.
J.
do
do

M. A N.
M. A N.

J.
J.
J.
J.

J.
J.
J.
J.
F.
M.
M.
A.
M.
J.
J.
J.
M.

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

J.

A
A

6

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

5

J. A

g.
g.
g.
g.

120,

$62),278;

-

April 1, 1897
Jan. 1, 1907
Feb. 1, 1879
Oct. 1, 1876

Jail.,
Sept.,
Nov.,
Jan.,
Jan.,

July 1,

1902
1902
1902
1902
1903

1876

Savannah.
N.

s.

-

I, 1900

1903
1882

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

3*2

p.

1882
Jan.

Winslow, L. A Co. March

g-

in 1376-7, *106,949.
There are *83,000
(V. 25, p. 137; V. 27, p.

Atlantic <fe

Great Western.— The

stock
outstanding is *24,795,2)8, and preferred $9,876.25 ».
This road was leased to the Erie for 99 years from
common

May 1, 1874, but the lease was contested. Shortly
after (in July, 1874) default was made on its bonds.
Foreclosure is pending and proceedings looking to

re-organization are in progress, and a new lease to
Erie is pr >posed. Gross earnings in 1878,
*3 745,206; net deficit under rentals, Ac., *19,9 0.
(V. *<6,
p. 66. 95, 214, 444; V. 27, p. 651; V. 28, p. 222, 276,
3 9 9 , 452, 476, 525, 553, 577.)
Atlantic eft Gulf.—The Company also has *334,000
of old sectional mort. b’ds
outstanding; *590,000 10

coupon
notes;Bainbridge
BranchInter¬
RR.
Ker
cent and
*45,000 Junction
onds,
*57.500
Ext. bonds.

est
on
sectional mortgages, prior liens to the
-consolidated, is paid by receivers, and on consoli¬

dated bonds 6

mos. in arrears.
In New York, July,
’77, *1,000,0002J mortgage bonis, held as collateral,
were sold at auction at
5>£@5X- (V. 25, p. 57, 407;
V. 27, p. 538.)

Atlantic, Mississippi & Ohio.—Gross earnings
ending June 30, 1878, $1,78!,7:0; expenses,
*1,351,575; net earnings, *439,13). The divisional
bonds matured and maturing up to
July, 1880,
have been extended fox ten years by order of the
Court, and new' sheets of coupons are issued to the

year

holders.
A

J. N. Y.,

June, 1901

A
A
A

A
A
A
A
A

J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
A.
S.
N.
0.
N.
D.
J.
J.
N.
J.
0.
J.
0.
8.
J.
J.
S.
N.
J.
D.

July, 1.897
Y\, Perkins, L.A Post
do
do

N.

do
do
do
do
do
do
do

N.

1879

do
do

Nov.

1, 1888
May 1, 1889

do
do
do

1901

July 1, 1893
1, ’84-’90

Jan.
Jan.

do
do
do
do

1, ’84-’90

Jan. 1, ’86-’90

July 1, 1884
Mcli. 1, 1900
Jan. 1, 1875
Lynchburg Office.
Y., Perkins, L. A P. July 1, 1880
Portland.

Feb.,

London, Gr. Truuk Rw.
Portland.

London, Gr. Trunk Rw.
do
do
Savannah.

1879

Mar.

15, 1879
May 2, 1886
Oct. 1, 1884
Oct.

1, 1891
Juue, 1879
Pliila.,Farm. A M. Bauk July 1, 1881
do
do
July 1, 1884
Baltimore Office.
May 15,1879
Balt., Merchants’ Bank. Jan. 1, 1879
Baltimore Office.

April 16, 1879

Balt., Merchants’ Bank.

1880
1885
1895
1890
London, Naylor A Co. Jan. 1, ’80 A 81
London.
Mch. 1, 1902
Baltimore Office.
London.
Baltimore Office.

London, Speyer Bros.
Baltimore.

Lon., J. S. Morgan A Co.

1910
1879-1900
June 1, 1927

mortgage was made in May, 1879. A scheme of re¬
organization approved by the consolidated mortgage

bondholders (mostly in London) will probably
carried out. (V. 27" p. 40, 67, 251, 279, 434. 461;
28, p. 97, 199, 222, 476, 624.)

be
V.

Atlantic & St. Lawrence.—Leased for 999 years,
from July, 1853, to
Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and
stock. (V. 27; p. 117.)

outstanding.

121.)

pail

A

Stocks—Last
Dividend.

Jan’ary Harrisburg, Treasury. $100,000 yTly.
A. A O. Philadelphia or Loudon April 1, 1910
A. A O.
Oct. 1, 1894
Pittsburgh.
A
A
A
A
A
A
A
A

Atlanta & West Point.—Gross earnings, in 1877-8
$321,110, in 1876-7, $311,153; net earnings in 1877-8,

$145,435,

J.
S.
J. N.Y., Farmers’ L. A T. Co
J. N. Y.,B’k of Commerce.
J. N.Y.,Del. AHud.Can.Co
N.
do
do
O.
do
do
N.
do
do
0.
do
do

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

g.

Atlanta <ft Ciar'oit*.—This is the At lanta & Rich¬
mond Air-Line sold in foreclosure December, 1876.
and re-organized.
Gross earnings 1878,

bonds

A
A
A
A
A
A
A
A
A

3*2

15, 40, 227, 230, 303, 3^2, 407, 434, 513; V. 28,
'<22, 301, 379, 400, 427, 4 7 5 , 502, o53; 623.)

net, $20>,03).

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

pal, When Due

When Payable, and by
Whom.

200.000

1,000
....

When

Payable

7-30 J.

413,000
412,000
854,000

500,000

500 Ac.
500 Ac.
'500 Ac.

1871

4,000,000
3,100,000
10,000,000
6,870,000
1,125,000
7,041,000
3,265,000
3,389,000
78,000
480,000

1,000
100

....

253,000
1,960,000
2,166,500

1,000

500

1,000

6 g.

2,000,000

1,719,000
1,067,000
120,000
310,000
0)

....

....

1871

.

1,000

....

....

.

....

1877

460
4(50
w

....

1,000
1,000

1S78
1877
1877
1878

....

.

do
do

....

....

44
31

Ac.

500 Ac.

1878

....

&c.
Ac.
Ac.

....

1872
1875

148

South Side—1st prcf. consol, mort
do
2d
do
guar. Petersb’rg
do'
3d
do
do
do
do

100
100
500
500

....

....

Guaranteed stock
Consolidated 1st mortgage
Sav. Albany & Gulf RR.
mortgage bonds
Southern Georgia & Florida, 1st mortgage
do
do
2d mortgage
Atlantic, Miss, d Ohio—Stock, (com’n, pref. & guar.).
1st mort. consolidated,
gold (for $15,000,000)....
2d mort. to the State (no interest till
1880)
Norfolk A Petersburg—1st
mortgage, extended.,

!'?

I,oo0

....

65

—

do

....

......

27*2

Atlanta d West Point—Stoea
Atlantic d Great Western—Old 1st mort.,Ohio Div..
1st general mortgage
($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($20,000,000)
Leased lines rental gold bonds (Cl. A M.)
do
do
(P. P., P. V. and S. A A.)
Western Extension certificates (Cl., Col., Cin. & I.)

1,000
100

....

Mortgage bonds

8

1,000

Wichita & Southwest, (leased) 1st M., gold, guar..
Kans. City Top. A West., (leased,) 1st M.,
gold

,

8

700,000
335,000

1863

1878

do
do
income bonds
Pueblo A Ark. Valley, (leased,) 1st M., gold
do
do
1st mortgage
Pleasant Hill A De Soto (leased), 1st M., gold
Florence Eldorado A W. (leased), 1st mort., gold.
New Mexico & So. Pacific, 1st
mortgage, gold
Atlanta & Charlotte.—New prcf. mort

$1,600,000

142
142
142
142
142
262
132
110
110
262
149

....

land(contingent)

$---.

1878

....

on

Rate per
Cent.

296
201

Land income bonds, 5 to 10 years

Pottawatt’mieb’ds

Outstanding

....

867

Construction notes

Value.

"

Bonds—Princi

INTEREST OR DIVIDENDS.
Amount

....

Albany d Susquehanna—Stock
1st

[Vol. XXVIII.

Interest

two

final

or

three

decree

of

the
divisional bonds is
months after it falls due.
sale under the consolidated

on

Augusta & Savannah.—Leased to Central of Geor¬
gia for *73,000 per annum; has surplus fund of

about *50,000.

Bald

Eagle Valley.— Leased to Pennsylvania Rail»

l at 40 per cent of gross receipts.
In 1877 gross
earnings were $136,962. The Pennsylvania Railroad
holds all the 2d mortgage bonds. Holders of 1st

roa

mortgage are asked to exchange them for
year bonds.
(V. 27, p. 486.)

new

30

Baltimore eft Ohio.—The amount of stock as above
includ s thi iast stock dividend. Annual report
for 1877-8 in V. 27, p. 535.
The floating debt Sept.

30, 1578, was $2,563,302 of “bills payable,” ana
$2,554,959 of “loans and sterling obligmons.” and
to April, 1879, $761,640 of earnings was applied to
thl-*. The gross earnings of the “ Main Stem,” &c.,
for five years were as follows :
Gross

Net

Earnings.

Earnings.

Stock and
Debt.

1877-8

$8 563,956

$4,039,611

1876-7
187.5-6
1874-5
1873-4

*55,^47,662

8,262,045
9,632,361
10,514,178
11,693,955

3.656,893

4,215,554
47,311,000
4,332,206
47,173,000
5,018,060
45,876,000
The gross earnings of the main and all leased lines
m
1877-78 were $13,765,279. and net earnings,
$5,995,978, including earnings of Pittsburgh Division.
Div of 25 per cent on Wash. Branch stock in June,
IR74. (V. *6. t> 289, 367, 593; V. 27, p. 67, 535, 651;
V. 28, p. 213,276,878.)

Juke 28, 1879

BAILROAD STOCKS AND BONDS.

]

Subscribers will

confer a great

favor by giving Immediate notice of any error discovered In these Tables*

&c., see,notes

Baltimore <£ Ohio—(Continued.)
Northwestern Virginia, 3d mortgage, 1855-85 ...
Bonds to State of Maryland
Baltimore d Potomac—1st M (tunnel) gold, 8. f. 1 p. c.
1st mort., gold, tax free, coup., s. f. 1 per cent—
2d mortgage, income, main line and tunnel, reg..
Belleville d South. 111.—1st M., sink’g fund, guar
Belvidere Del.—1st mort. due 1877, extended, guar.
2d mortgage bonds of 1854 (guar, by C. & A.)
3d mortgage bonds of 1857 (
do
do
)

Consol, mortgage of 1876
Berkshire—Stock

Miles
of

Albany—Stock
Dollar loan../.

Date
of

Road. Bonds

....

.

•

•

•

....

98
98
56
64
67
....

84
21
321

Boston d

1855
1878
1871
1871
1875
1866
1877
1854
1857
1876
.

.

.

38*2

Bosl.,Clin.d Fitchb.d N.B.—Stock ($1,750,000 pref.)
1st mortgage, Agricultural Brauch
Mortgage bonds 1869-70

151
29
43

Size or
par
Value.

Amount

Outstanding

....

....

1854
’69-’70

366,370
1,500,000
3,000,000
1,133,000
1,100,000
1,000,000
499,500
745,000
1,200,000
600,000
20,129,282
5,000,000
2,000,000
400,000
3,047,700
400,000
799,600
528,000
870,000
571,500
800,000
1,000,000
202,000
1,721,000
3,250,000
200,000
999,500
500,000
750,000
6,921,274*
3,500,000

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

1,000
1,000
1.000
100 &c.
....

1,000
1,000

1876

Bouds

1,000

Equipment notes

’61-’74 500 &c.

N. Bedford Railroad bonds

($400,000 are 7s)
Boston, Concord d Montreal—Preferred stock

166

nft\vat,np,k^

Sinking fund bonds

Consolidated mortgage bouds (for $2,000,000) —

Boston d Lowell—Stock

160

1858
1873

100
100
100 &c.
100 &c.

500

82

■

Mystic wharf purchase bonds

1872
1875
1876

Bonds

Bonds
New bonus
Boston d Maine—Stock
Bonds, coupon and registered
Boston d New York Air-Line—1st mortgage
Boston & Providence—Stock
Bonds to purchase branches, coupon or registered

$800,000
Buff.,Brad.&PUU.—Gen. M.,(incl. 10,000 ac. I’d)

204
52

ioo

'1873-4 500 &c.
1875
1,000
1873

Buffalo. New York d Eric—Stock
New mortgage
Buffalo, N. S. d Philadelphia—1st mort., gold
2d mortgage (for $1,000,000)

Burlington, C. Rapidsd Northern—1st mortgage...
BurLdMo. itiv.—1st M. on r’d& 400.000 ac’s I’d) Cp.
1st mort. on br’cli, C. B. & Q. stk. (5th ser.) ) or
Convertible bonds, C. B. & Q. st’k (6th ser.) J reg.
Burlington d Missouri in Nebraska—Stock
1st mortgage, convertible, laud grant
)
Bonds, convertible till Jan., 1882

Consol.mort.for $14,000,000, s. f. $30,000 f
Omaha & S. W., 1st mortgage, guar
J uei&Burl, d Southwest.—1st mort., cp., maybe reg
■Cairo d St. Louis—1st mortgage
Cairo d Vincennes—1st mortgage, gold

California Pacific—1st mortgage, gold
2d mortgage, endorsed by Central Pacific
3d mort., guar, by C. P. ($1,000,000 are 3 p. c.)
Camden d Atlantic—Stock ($838,150 of it pref.)
1st mortgage (extended 20 years in 1873)

.

_

m

191
49

1869
1873
1878
1872

181

1870

144
156
139
139
139

1871
1871
1869
1871
1875

60
60
31
100
291
242
242

Carolina Central— 1st mortgage, gold, coupon

bonds,

.

ib'i

67

2d mortgage
Camden d Burlington Co.—1st mortgage
Canada Southern—Stoek
New mort., interest guar., (for $14,000,000)
Income

1876
1871
1878
1876
1863
1869
1870

coupon

Catawissa—Com in on stoek

preferred stock
Old preferred stoek
1st mortgage bonds
Chattel mortgage bonds
New mortgage
Cayuga d Susquehanna—Stock
Cedar Falls d Minn.—Bonds on 1st div., sink, fund
Bonds on 2d division, sinking fund
Cedar Rapids d Missouri—Common stock
Preferred stock, 7 per cent
1st mortgage

580^00

IOO

950,000
2,380,000
2,582,000
0)
6,500,000
4,638,250
279,000
370,500
8,583,750
1,414,000

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

500 &c.
500 &c.

1,000
1,000

1,000
1,000
1,000
500
50

1853
1855

1,000
1,000

1867

500 &c.

1878
1873
1874

1,000
1,000
1,000

Net earnings go to lessor. In 1877 net earnings
D. were $122,566. Floating debt, $171,702.

of B.

Berkshire.—Leased to Housatonic, at 7 per cent
but IX per cent is usually applied

per year on stock,
for taxes, &c.
Boston &
ern

Albany.—As this is the

truDk line from New

principal West¬

England, its yearly reports

show the course of business on that class of
roads.
In past five years the following has

rail¬

been

its exhibit:

1877-8

Gross

Net

Total Stock

Earnings.
$6,633,533

Earnings.
$2,219,536

and Debt.
$

6,779,610
7,074,758

....

Boston

showed

a

Havre tfe

Gardner.—Income in

1876-77

deficit of $44,420 under interest charge.

Bost. Clinton FitchJb &N.Bedfd.—This was a con¬

solidation in May, 18.‘6, of the B. C.& F. and the N.
Bedf. roads. In Dec., 1873, leased to Old Colony.
The net earnings in 1877-78 were $286,631, against
$212,241 in 1876-77. (V. 27, p. 537; V. 23, p. 40,
120.)

Boston, Concord & Montreal.—Grose earnings for

ending with March, 1879, were $590,550;
earnings, $201,618. There are also $76,000 old
bonds due in 1865, and $350,000 due in 1875. (V. 21,

the year
net

516; V. 26, p. 546; V. 58, p. 577.)
g.Boston & Lowell.—Net income, 1877-78, $269,061.

p.




6 & 7
3
6

6 & 7
1
6
7
7
6
3
7
7
3
7

7,514,000
1,034.000
1,800,000
2,500,000

3;5oo;ooo

2,250,000
1,600,000
3,000,000
1,215,550
490,000
497,000
350,000

7

3,000,00t)

100
65

50

2,200,000
230,500
209,850

1,000,000

ioo

1872

1,000
1,000
1,000

35
14
61
274

1864
1866

500 &c.
500 &c.

70
58

100

100
100

1861
1863
1866

500 &c.
500 &c.
500 &c.

1,300,000
589,110
198,000
1,334,000
6,850,400
769,600
700,000

DIVIDENDS.

J.
J.
J.
A.
J.
A.
J.
M.
F.
J.

Dividend.

Whom.

Pay’ble

& J. Balt., Mech’8 Nat. Bank
& J.
Baltimore.
& J. Baltimore or London.
& O.
do
do
& J.
Baltimore.
& O.
N. Y., Russell Sage.
& D.
Philadelphia.
do
& S.
& A.

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

Boston Office.
do
do

1889
1893

Boston, at Office.

July 1, 1879
Oct. 1, 1879
April 1, 1892

J.
O.
J.
O.
0.
S.
J.
N.
J.
A.
N.
J.

J.

J; New York, Erie Office.
D.
N. Y., Erie Railway.
do
do
D.
J. N. Y., Farm. L. & T. Co.
J.
do
do
New York.
D.
O. Boston and New York.
do
do
J.
do
do
J.

<fc
&
&
&
&
&
&
&
&

J.

J.
J.
J.
J.

8
8

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

A.

J.
J.

do

do
do
do
do

do
do
do

Boston, at Office.
do
do
New York.

Boston, at Office.
do

do

Boston, Office.

....

do
do
J.
do
J.
do
D.
N.
Boston, Co’s Office.
0.
O. New York and London.
J. N. Y., Nat’l Park Bank.
do
do
J.
New York.
J.

J.

Camden, Co.’s Office.
J. & J. Phila., Farm. & M. B’k.

Q,-J.

do
do
Phila. and Mt. Holly.

6

A. & O.
F. & A.

3
6 g.
7

J. & J. N. Y., Union Trust Co.
J. & J. N. Y. Office, 4 Broad st.
do
do
A. & 0.

3*2
3^2

M.
M.
F.
F.
F.
J.
A.
J.

7
7

4**2
7
7
1

Philadelphia.

& N.
<fc N.
& A.
& A.
& A.

do
do

July 1, 1896
May 15, 1879
Jan., 1893 & 94
Aug. 1, 1895
May 1,1879
July 1, 1893
1887
Jan. 1, 1896
June 1, 1879
June 1, 1916

July 1, 1896
Sept. 1,
Oct. 1,
July 1,
July 1,
May 1,
July 1,
Jan.

1906
1893
1894
1889
1879
1894

1, 1883

July 1,
June 1,
May 1,
Oct. 2,

1918
1896
1895
1901

Oct., 1909
1, 1889
1891

Jan.

July, 1905
Jan, 15, 1877
Jan., 1893

Oct., 1879

189?

Jan. 1, 1908
July 1, 1923

April 1, 1914
May 15, 1879
May 15,1879
Feb. 1, 1882

1888 to ’89
Feb. 1, 1900
do
& J. New York. 44 South st. July 2, 1879
& O. N.Y.,J. S. Kennedy & Co April 30, 1884
Jan. 2, 1907
do
do
& J.

Q.-F.

Boston, Treasurer.

582,000

7
7

2,332,000

7

M. & N.

There are $407,000 notes outstanding.
(V. 25, p.
16; y. 26, p. 39; V. 27, p. 121, 303, 537; V. 23, p
624.)
Boston <fe Maine.—Net income, 1877-8, $737,891,
against $660,964 in 1876-7. (V. 25, p. 531; V. 27,

March 1,1895

Philadelphia.

F. & A.
F. & A. N.
F. & A.

3*2

1902
1885
1887

do

&
&
&
&
&
&
&
&
&
F. &
M. &
J. &

7
6 g.
7
5
7
8
8
2

....

1885

July 1, 1888
July 1, 1911
April 1, 1911
Jan. 1, 1915
Oct. 1, 1896

& J. Treasurer, Trenton,N.J. Jan. 1, 1916
Q.-J. Boston, Kiuaer, P. & Co July 1,1879
May 15, 1879
M. & N.
Boston Office.
Feb. 1, 1892
F. & A.
do
do
July 1, 1895
J. & J.
A. & O. Worcester, City Nat. Bk. April 1, 1893
Boston Office.
M. & N.
J. & J. Boston, Boston N. Bank July 1, 1884
1889 &’90
do
do
J. & J.
June 1, 1896
do
do
J. & D.
do
’81/82,’83, ’85
A. & O.
do
J. <fe J. Boston, Suffolk N. Bank July, 1881« 94
M. & N.
Boston Office.
May 5, 1879

3ifi

6
8
8
7
7 g.
7 g.
6 g.
3 & 6
2
7 g.
7

15,000,000
10,862,686

3,000,000
1,159,500

-

do

do

Y., Nat’l Park Bank.
do
do

do
do

May 1, 1879
Feb. 1,

1879

Aug. 1, 1891
Aug. 1, 1894
May, 1916

bonds July 1, 1879. (V. 26, p. 192,494,
27, p. 15, 67,171; V. 28, p. 120, 276, §24.)

148, 598; V.

Burlington & Southwestern.—Defaulted Nov.,

1873,

186;),' for 490

(V. 21, p. 159, 441.)
Cairo & St. Louis.— Defaulted in 1873 by failure
to receive town and county bonds.
Receiver ap¬
pointed December, 1877. Deficit in earnings 1877-8,
$12,989. (V. 25, p. 511, 569; V. 25, p. 451.)
Cairo & Vincennes.—Defaulted in 1874. In hands
of receiver.
Deficit in earnings 1876-7, $11,747,
California Pacific. - Gross earn’gs, ’76-7, $1,326,632;
net, $443,026. Extension bonds of $3,500,000 and in¬
comes of $1,000,000 were in default, and the new
bonds of 1S75, guaranteed by Cent. Pacific, were
issued in place thereof. (V. *4, p. 274, 468, €05.)
Camden & Atlantic.— Gross earnings, 1878, $399,060; net, $121,213. Interest, &c., $93,950. (V. 28, p.

16.)
Buffalo, New York & Philadelphia.—This i« the
connecting line of the Phil a. & Erie with Buffalo.

Camden & Burlington Co.—Leased to United
Companies, at 6 per cent on $382,000 stock.
Canada Southern.—The bonds carry interest at 3

p.

537, 565.)

Boston & N. Y.

Air Line.—Formerly N. Haven

Middletown & Wil. Has $3,000,000 preferred stock
and $1,000,000 common. Operated with N. Y. N. H.
& H„ receivings percent of gro^s earnings of both
lines. (V. 26, p. 598; V. 28, p. 173, 352, 428, 577.)
Boston & Providence.—'The bonds and notes have
been issued for purchase of branch roads, (.V. 25,
p. 531; V. 21, p. 565.)

Buffalo, Bradford <fc Pittsburgh—Under perpetual

lease to Eiie at $40,690 per year.

Buffalo, New Yw'k & Erie—Leased to Erie in
years, at 7 per cent on stock and interest
and sinking fund on bonds. (V. 24, p. 346; V. 25,
p.

2,166,844
23,870,509
27,129,282
2,391,764
2,262,147
26,478,282
7,634,139
2,411,916
25,422,100
8,963,128
(V. 25, p. 430; V. 26, p, 166; V. 27, p. 460.)
1876-7
1875-6
1874-5
1873-4

6
7
7
6

600,000

50

146

Baltimore & Potomac.—This is the line of the
Penn. Railroad from Baltimore to Washington. The
bonds are guaranteed by Penn. RR. and Northern
Cent. Net earnings, 1378, $92,890. (V. 26, p. 598;
V. 28. p. 598.)
Belleville & Southemlllinois.— Leased and operated
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings. (V. 24, p. 297; V. 26, p. 417.)
Belvidere Delaware.—Stock is $995,150. Leased to
United Co.’s of N. J., and lease assigned to Penn. RR.

•

92

New

do
do

....

500,000
500,000

1,000

100
500 &c.
500 <fcc.
600 &c.

1*
4
7
6
7

4,000,000

....

Ten vear notes for

26
142
140
121
121
367
281
40

6
6
6 g.
6 g.
6
8
6
6
6
7

500,000

100

66

Rate per
Cent.

$140,000

$....

100
100

.

1871-2
1875

Loan of 1875, coupon or registered
Boston, Barre d Gardner.—1st mortgage

Doth. atook /for nlil ilivulp.nfla

Bonds—Princi¬
pal, When Due.
Stocks—Last
When Where Payable and by

INTEREST OR

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

XV

Net earnings 1877-8, $4^0,419.
offered to replace the 10 per cents.
V. 27, p. 53S; V. 28, p. 252.)

New bonds are
(V. 26, p

574;

Burlington Cedar Rapids & Northern.—The stock
$10,00),tOO, of which $5,500,000 has been
This company guarantees $150,000 Minne¬
apolis & St. L. RR. bonds. Net earnings 1877-8,
$560,311; extraordinary expenses, $617,745. (V. 24,
p. 518; V. 25, p. 260, 510; V 27, p. 301.)
Burlington & Missouri River.—An agreement of
consolidation and a perpetual lease to Chicago, Bur.
is for
issued.

& Quincy, was made in Oct., 1572. In August, 1875,
stock of Chic. Burl. & Q. was issued in place of
stock of this C.». and for convertible bonds.

Burlington & Missouri in Nebraska.—Has a valu¬

able land
graut.
Sales in 1878 514,098 acres
for $2,620,510.
Consol. 6 per cent bonds are
issued for 8s maturing in 1894. Om iha & s. W. is
leased. Republican Vailey rord is leased, and its
bonds were changed for B. & M. consolidated

Foreclosure in progress.

300.)

per cent till 1881 and 5 per cent for the other 27
years. N. Y. Central Co. guarantees interest for 20
years, hut makes no guarantee of principal.
(V.
26, p. c67, 391, 574; V. 27, p. 94, 538.)

Cajviina Central—Receiver appointed December,
1876. Passed interest January, 1876. (V. 23, p. 622.)

Catawissa.—Leased to Phila.

& Read, for 999

Lessee pays int. on bonds
receipts.
& Susquehanna.—Leased in perpetuity to

years from Nov. 1, 1872.
and 30 per cent of gross

Cayuga

Del. Lack. & West, at $54,600 per year.

Cedar Falls <& Minnesota.—Leased to Dub. & Sionx
City, and sublet to Ill. C. at $1,500 per mile yearly,
and a per cent of all earnings over $3,500 per mild.
Cedar Rapids & Missouri.—Leased to Chicago &

$1,500 gross earnings
mile; one-third of the next $3,000 per mile, and
one-fifth of all above that. (V. 2J, p. 162.)
Northwestern at $700 of first
per

[Vol. XXVIII.
Subscribers will confer

a

great favor by giving Immediate notice of any error discovered In these Tables.
Miles
Date
of
of
Road. Bonds

Central R. R. & Bank, Qa.—Stock
Genera] mort. “tripartite” bds ($5,000,000) coup.
Macon & Western bonds
Central Iowa—1st mortgage gold, coupon
2d mortgage, gold, $4,000 per mile
Central of Neio Jersey—Stock

Mortgage bonds

708

620
....

202
202
359
74

Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000)
Income bonds, reg., (not cumulative)
Newark & New York, 1st mortgage

97
....

7

guar...
Consol m., coup., guar,

....

Adjustment mortgage

45781

....

....

....

1878

137
137
137
2180

742
50

!

2d mortgage
1st mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
coupon
do.
do.
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds

Cheshire—Stock, preferred
Bonds, not mortgage
Chester Valley— 1st mortgage
Chicago <£ Alton—Common stock
Preferred st’ek (7 p. c. y’rly not cumulative)
General mortgaged sterling, for £000,000

1865-8
1864
1862
1870
....

158

1869

123
152
152
20
195
195
23
21
....

434
434

....

....

....

A...

....

purchased one-naif interest in Western Railroad of
Alabama at foreclosure sale.
The “tripartite”
bonds are issued jointly by this Company, the Macon

& West., and Southwestern.

Gross earnings year

ending Augu-t 31, 1*76, |2,721.631; net, $1,123,309.
(V. 23, p. 353, 43 8; V. 25, p. 430; Y. 27, p.
381.)

Central Iowa.—Sold in foreclosure, July IP, 1677.
under first morgage.
Appeal carried to U. S.

Supreme

Court.

Re organization made in 1679.
(V.
553,

Gross earnings, 1878. $7r>5,658; net, $180,081.
28, p. 215; V. *8, p. 17, 145, 2 99, 378 , 453, 477,

577.)

,

Central of New Jersey—A full abstract of the re¬

organization scheme was published in the Chron¬
Gross earnings 1878, $5,589,525;
net. $2,3< 2,7*9. - Net earnings, 1877. after payment
ot Lehigh & Susq. rental, were $1,838,335. The
Central of New Jersey assumes $2,310,000 of Le¬

icle, V. -i6. p. 215.

high
Coal A Navigation Company’s debt and $205,
793

of the Railroad Car Trust Co. The American
Dock & Imp.Co. executed a mortgage for $4,000,000,
in 1877, to secure its bonds. The following table
shows the receipt s, expenses and net earnings, in¬

cluding Lehigh & Susquehanna Division:
Receipts.
Expenses. Net earn’gs.
$8,5c9,63l
$4,140,601
$4,449,030

j

100 Ac.
500 Ac.
£200

1,000

11,500,000

....

500 Ac.

1,000
100

1,000
1,000
1,000

100 Ac.
1.000
100 Ac.
50
50

1,000
100

1,000
1,000
....

1,000
....

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

1,000

m

m

1873
1863
1862

1,000
1,000
500 Ac.
100

1857
1864
1864
1868
1868
1870

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

1877

1,000

1875
1878

1,000

1877

1,000

1,000

1858
1873

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

67^

1872
1875
1869
1870
1870
1870
1876
1876
1872

73

1867

40
270
46

300,000

6

201,000

"

2,153,300
836,400
500,000
10,065,300
2,425,400
4,379,850
2,363,000
1,096,000
1,500,000
306,000
2,365,000
564,000
188,000
360,000
1,854,000
300,000

500.AC.

1,000
500 Ac.

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

6 g.
0 g6
6
6
8
8
1
6
7
3

312
6 g.
7
7

134
8
7
7
7
7
7
7

7'
6 g.

3,000,000
1,750,000
700,000
30,409,407
2,711,000
13,068,000
741,000
653,000
1,462,475
415,000
546,500
1,079,000
890,500
720,000
2,360,000

6
4
8
7
4 g.
7
7
5

8
8
8
8
5
5
7 g.

'840,000

2,571,350

i;ooo,ooo

7

The annual returns for 1878, in brief, were yiven in
the Chronicle. V. 28, p. 623. Gross earnings, 1878,

$17,530,853;

$8,744,739

expenses,

$8,786118;

rental of leased lines, $2,435,058; in¬
terest, *3,954,779.
The dividend was passed in
April. 1877, and 1 per cent declared Oct, 1878. but
enjoined. Trustees of land mortgage field in May,
1818, $1,109,242 m cash, and $’.,696,942 i • cotes, and
in August they called for sale to them of $1,100,000
land bonds. In Jan. 1879, called for $100,000. (V.
26, p. 363; V. 27, p 40. 95. 122, 147, 253,274,407, 4 5 9;
V. 28, p. 60, 121, 477, 623.)
;

Charlotte, Columbia & Augusta,—Stock is $2,578,000, and $189,500 of old Col. & Aug. bonds are yet
out, due 1890. Gross earnings 1877-78. $441,357;
net, $168,578. Interest and taxes, $2.3,011. “Bills

payable.”

$132,775.

Control of road sold to Rich¬

mond & Danville. (V. 24, p.
27, p. 283; V. 28, p 96.)

62; V. 26,

p.

Cherry Valley, Shar. <fc A?.—Transferred to Dela¬

& Hudson Canal Co., April, 1875.
unpaid in December, 1875. (V. 20, p. 404.)

Interest

■

.

7,411,637
6,946,0i0
5,753,413
5,589,525
—(V. 26, p. 40, 60, 95, 141.
592, 624; V. 27, p. 651; V. x8,

Chesapeake Jb Ohio.—Sold in foreclosure April 2.
1878, for $2,750,000 and rc-organized, with bonds

4,128,727
3,282.910
3,684,000
3,262,000
3,268,567
2,484,816
3,283,755
2,302,769
216, 315. 391. 495, 574,
p. 120, 223, 476, 578.)

ab »ve, when all are issued,
l he p>yments on
old Virginia Central bonds and coupons, and notes
issued therefor, were made as per circular, Ch roniclb, V. 21, p. 94. Net earnings 1877-8, $ 541.621.,
(V. 26, p. 17. 342, 522, 625; V. 27, p. 15, 94; V. 28,
p. 41, 172, 502, 525.)

Central Ohio.—Leased to Baltimore & Ohio RR.
in 1866 for 2) years; rent 35 per cent of gross re¬
ceipts for five years, and 40 after. Pays 6 per cent

Cheshire.—Net income. 1877-78, $78,019.
New 6
per ceut bonds for $536,000 authorized, to red em
bonds of 1880. (V. 23, p. 5 48; V. 26, p. 495; V. 27,
p. 537.)

Central Pacific.—The Southern Pacific is leased.

Chester Valley.—In hands of trustees and leased

dlrktends.




Slocks—Last
Dividend.

New York, at office.
April 10, 1870
do
do
1890
do
do
Nov., 1902
do
do
July 1, 1899
do
do
May 1, 1908
do
do
1887
London.
Feb. 1, 1899
N.Y.—Cent. RR. of N. J. June 1, 1900
do
do
May 1, 1888
do
do

do
do

Balt., at B. A O. office.

A J.

do
do
A S. Balt., West. Natl. Bank.
A O. N. Y. A San Francisco.
N. Y., Fisk A Hatch.
A J.
A J. Sacram’o State Treas.
N. Y., E. Kelly A Co.
A J.
A O.
N. Y., Fisk A Hatch.
A J.
U. S. Treasury.
N. Y„ Fisk A Hatch.
A J.
U. S. Treasury.
A J.
N. Y., Fisk A Hatch.
A J.
New York A Loudon.
A J.
N. Y., Fisk A Hatch.
A 0.
do
do
A J. N.Y.,M.K.Jesup,P.ACo.
A 0.
do
do
A O. Philadelphia, Penn R.R.
AD. N. Y., Metropolitan Bk.
A J.
Richmond.
A O.
A N.
New York.
A J.
do
N. Y., Am. Exck. Bk.
A J.
A J.
do
do
A J.
do
do
A J.
do
do

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

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

as

Boston.

A J.

J.

A
A
A
A
A
A
A

May 1, 1903
Jan.31, 1879
Jan.

J.
N.
8.
8.
J.
J.
O.

31,1879

Sept., 1890
Oct., 1878 (?)

•

1895 to ’98

July 1, 1884
Jan.
1, 1883
Oct. 1, 1900
1895 to ’98

July 1, 1899
1899

Jan.
Jan.

July
Oct.
Jan.
Jan.
Oct.
Dec.

July
July
July
July

1,
1,
1,
1,
1,
1,
1,
15,
1,
1,
1,

1888

1892
1890
1890
1895
1910
1901
1899
1898
1908
1908
1, 1918

1880
1884
1876
1877
Jan. 6, 1879

do

July 1,’80 A ’96
May, 1872
Mch. 4, 1879
do
Mch. 4, 1879
do
Lond’n.J.S.MorgauACo. July 1, 1903
N.Y.,M.K.Jesup,P.A Co.
Jan., 1893
do
do
Jan., 1883
N. Y. U. S. Trust Co.
July. 1879
Q.-J.
J. A J. N. Y.,M.K. Jesup,P. A Co.
July, 1882
do
do
A. A O.
April, 1894
do
do
A. A O.
April 1,1SS4
J. A J.
do
do
July. 1898
do
do
J. A J.
July, 1898
F. A A.
do
do
Aug., 1900
J.
M.
M.
M.
J.
J.
A.

Philadelphia.
N.Y.,M.K.Jesup,P. A Co.

do

M. A N.

do

Nov.

1, 1900

M. A S.
M. A N.

N.Y.,M.K.Jesup,P.ACo. March 1,1905

A. A 0.

N.Y.,M.K.Jesup,P.ACo.

M.
J.
J.
J.
A.
J.
J.
J.
J.
A.
J.
A.
F.

do

do

May 1, 1903

A 8. N. Y., Bk. of Commerce.
do
do
A J.
A J. N.Y.N. Bk.of Com.ABost
Frankfort.
A J.

A
A
A
A
A
A
A
A
A

O. N.Y., N. Bk. of Com’rce.
J.
Boston, Co.’8 office.
D.
Boston, Co.’s Office.
J. N.Y., N. Bk. of Com’rce.
J. New York and Boston.
Boston.

O.

•

J. New York and Boston.

Boston.
O.
A. Boston, C. B. A Q. RR.
A. A O. N. Y., Union Trust Co.
J. A J. N. Y., Farm. LAT. Co.

Philadelphia & Reading.
May, 1376.
to

Oct! 1, 1912
Mch. 15, 1879
Jan. 1, 1883

July 1, 1903
July 1, 1890
Oct. 1, 1890
Jau. 1,
June 1,

1896

1893
July, 1889
July, 1900
Oct., 1890
July, 1890
Oct. 1, 1901
Feb. 1, 1896
April 1, 1902

Jan., 1887

Coupons due 1860, paid

Chicaoo & Alton.—The report for 1878 is given at

length inV.2<, p. 274, 298,
ing of $4,671,519, and net

and shuws gross earn¬
earnings of $2,156,384,
against $2,107,337 in 1877, and $2,269,467 in 1876.
Joliet & Chicago Railroad is leased for interest on
St. Louis Jacksonville & Chic.
Railroad leased at $240,000 per year. Louisiana A
Missouri Railroad operated under contract.
Ex¬
tension to K ins ts City built in 1878, and a mort¬
stock and bonds.

that line (K. C. St. L. & Chic. RR.) is
deposited in trust as security for C. & A. gold 6s of
1878. The preferred stock on K. C St. L. & C.
gage on

was issued for equipment.
289.436. 547; V. 27, p. 41,

(V. 2H, p. 95,192, 213,
94, 382; Y. 28, p.274,

298, 400, 428, 624.)

95; V.

Char'iers.—Leased to Pitts. Cin. & St. Louis, and
operated by Penn. Co. Net earnings go to lessor—
in 1878, $42,588. (V. 28, p. 377.)
ware

M. A N.
J. A J.
M. A N.
G.-M.
M. A N.
J. A J.
M. A N.
J. A J.

earnings.

net

Whom.

....

gg.

'8

l,66b,060
100

g-

6 g.

15,000,000
10,000,000
100,000
918,000
300,000
160,500

ioo

ggg.
gg.

Where, payable, and by

-

pal, When Due.

D.
June 20, 1879
Savannah, Ga.
J. New York A Savannah. Jan. 1, 1893
0.
Macon, Ga.
Oct., 1880
J.
New York, Office.
July 15,1899
0.
do
do
April 15, 1901

Q.-J.

J.

7
7
7
7

1,000
1,000

100

g.

1,810,500
500,000
500,000
6)

m

^

J. A
J. A
A. A
J. A
A. A

Q.-J.

7
6
7
7
7
7
2
3
6
1
6
7
7
6
6
6
6
6
6

When

Payable

F. A A.
M. A N.

7,764.000

100 Ac.

ioo
a,

,

2ig
7
7
7
7

500.000

1,000
1,000
500 Ac.

,

1,200,000
3,000,000
5,550,000
2,437,950
411,550
2,500,000
54,275,500
25,883,000
1,500,000
1,483,000
6,080,000
25,885,000
2,616,000
1,970,000
6,000,000
2,000,000

.

500 Ac.

677
649
322
220
220
38
38
150
37
37
150
101
101

Chicago, Cincinnati & Louisville—1st mort

In April, 1875.

7
7
7 g.
7 g.

...

....

Qa— Leases several

2*2

3,500,000
117,000
3,700,000
925,000
17,540,000
5,000,000
4,400,000
15.000,000
2,450,000
600,000
1,680,000

....

....

Quincy Alton A St. Louie, 1st mortgage, coupon..
Chicago & Canada Southern— 1st mort., gold.t

$7,500,000

....

....

....

§uiucy
1stC. mortgage
re&18terea*
’ds for A
St.
Warsaw,
L. R. I. A
...)$50,000)
(sink, fund
coup.

$100

....

....

Rate pei
Cent.

1,000

...

1868
1872
1870
1870
1869
1872
1871
1869
1878

211g

A...

Amount

Outstanding

....

88

2d

Bank.

•

....

mort.(iut. guar. C. A A.)
guar. pref. stock
28
Chicago A Ill. Riv., 1st mort. ($474,000 guar.)...
Bonds for K.C.St.L.A C. line, s.f. $00,000 after’79
162
Preferred stock do
guar. C. A A
C. & A. bonds on Miss. Riv. Bridge, 1st mort., gold
1682
Chicago, Burlington db Quincy—Stock.
1st mortgage, sinking fund, (trust)
46G
Consolidated mortgage coupon, (for $30,000,000)
825
Northern Cross R. R. 2d. mortgage, gold
100
Trust mortgage (Burlington to Peoria)
96
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860 per year)..
Dixon Peoria A Hannibal, 1st m... j
40
f
Ottawa, Oswego A Fox Riv., 1st m I bJJS.v he
70
Illinois Grand Trunk, 1st mort
44

Central Railroad &

•

....

Louisiana A Missouri, 1st mortgage

roads, and guarantees bonds.

•

....

....

mortgage
Cherry Valley Shar. & Al.—1st mort., convert
Chesapeake <£• Ohio—Purcli. money bds f$2,300.000)
1st mortgage ($2,000,000), “A”
1st mortgage, gold, “B”

1st mortgage.
Income bonds
Joliet & Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund
St. Louis Jack. & Cli., 1st mortgage
do
do
1 st mort. guar, by C. A
do
do
2d mort. guar, by C. &
do
do
2d mortgage

•

50
146
742

bonds

Charlotte Columbia & Augusta—1st mort. consol...

do
do

....

....

Central Ohio—Common stock
Preferred stock
1st mortgage bonds
Central Pacific— Stock
1st mort., gold, (2 sinking funds, $50,000 each)..
California State aid, gold (s. fund, $50,000)
Bonds, formerly con v. into U. S. bds (s.f.,$35,000)
1st in.S. Joaq’n VaI.Br.,gld (s.f.$50,000,begins’80)
U. S. Loan, (2d lien on certain terms)
Western Pacific, 1st mort., gold, (s. f. $25,000)...
do
Government lien
Cal. & Oregon, 1st M., gold, guar., (s. f. $100,000)
C. P., mortg. on C. A O. Br. (s. f. $100,000)
San Fran. O. A A., 1st M. (s. f. $100,000 begins ’80)

do
do

1867
1874
1875

....

do
do
do
' do Inc’mebds, rg.(not cuin’lat’e)
Am.Dook AImp.Co. bonds, guar. Cent.of N. J—

2d Mortgage
Chariiers— 1st

1869
1872
1874
1878

Bonds— Prrnci

INTEREST OR DIVIDENDS.

or

par
Yalue.

....

....

Lehigli A Wilkesbarre Coal Co., 1st mort.,

Land grant mortgage

1872
1870
1869
1871

Size,

Burlington <fe

Chicago

Quincy.—Purchased

in

October, 1876. St. Louis Rock Island A Chicago
road, for $1,570,000 in gold. Gross earnings for
1878 were, $14,119,665; expenses, $7,871,915; net
earnings, $6,247.750., The Chic. Burl. A Quincy
leases numerous branch roads, giving them a traffic
guarantee (usually 40 or 50 per cent) for purchasing
their

bonds.

Leases

In

perpetuity the Quincy

Alton A St. Louis at $42,000 per annum.
Enough
of the Chicago Burlington A Quincy consolidated

moi tgage is reserved to take up prior debts.
In
Jan., 1879, new stock equal to 10 per cent of the
old was issued to stockholders at par. The bonds

1876, for St. Louis Rock Island A Chicago
Railroad, are plain bonds of Chicago Burlington
'A Quincy, offset by mortgage of like amount,
on St. Louis Rock Island A Chicago road, deposit¬
ed with trastees. (V. 25, p. 138; V. 26, p. 190,
548; V. 27, p. 356, 435, 651; V. 23, p. 223, 274.)
of

•

<k Canada

Chicago

Canada
p. 261.)

Southern.

•'

Southern.—Connection of

Interest in default.

(Y.

25,

:

Chicago, Cincinnati db Louisville.—Ho informa

tion furnished.

-

June 28,

RAILROAD STOCKS AND

1879.]

great favor

Subscribers will confer a

DESCRIPTION.

of column headings,
on first page of tables.

For explanation

Miles Date
of
of
Road Bonds

&c., see notes

223
223
137
137
80
82
82
82
166
66

Chicago Clinton Dubugue d Minn—Stock
1st mortgage

Chic. dHast.Ill.—1st M., coup. <s.f.$20,000 after’85)
2d mortgage income
Chicago d Iowa— 1st mort., coup., may bo reg

Chicago, Iowa d Nebi'aska—Stock
2d mortgage (now 1st)
3d
do w (now 2d)

Chic, d L. Huron—Peninsular, 1st M., gold, s.
Port Huron & L Mich., 1st mortgage
Chic, d Mich. L. Shore—Stock, new
1st mortgage, New Buff, to 8t.

f

i

Milwaukee & Western
St. P. & Chic. 1st M. (Riv. Div.) $ &
1st mortgage, Hastings & Dakota
1st mortgage, Chicago tt Mil. line
Western Union, 1st mortgage

370
370
220
49

«

bt+**

2d

c

8°

X5

....

m.)

1879

1877
1877
1871
....

1860
1863
1869
1870

100
235
235

[sg

....

<£(conv.)

130
75
85
197

^ o
3

C •*-’

1,616
Chicago d Northiccstcrn— Common stock
1,616
Preferred st’ek (7 p. c. y’rly, not cumulative).
193
Bonds, pref. (sink’g fmid), 1st mort., Chic, to Osh.
193
Interest bonds, funded coup., 2d in., Clikt, to Osh.
193
1st mort., general, 3d mort., Chic, to Oshkosh
23
Appleton exten., 1st mort. on 23 miles and land..
26
Green Bay exten., 1st mort. on 20 miles and land
248
1st mort., Galena tt Chicago Uu. RR. extended...
Mississippi River Bridge b’ds, lien on net earnings
74
1st mort. (Peninsular RR.) on roads and lauds...

1875
1863
1864
1867
1864
1869
1878
1868
1868
1861
1872
1872
1873
1866

1859
1862
1859
1862
1853

.

46
779
126
85
25
120

(Beloit & Madison Railroad)...
Consol, siuk’g f’d M., (all above convert, into this)

1st mortgage

Madison extension, 1st mort., sinking fund, i.rold.
Chicago & Milwaukee. 1st, mort2d lien.
Menominee River. 1 st, mort,.. miaiv!
Menominee extension, 1st mortgage, gold ...
Gen. cons mort., gold, coup, or reg. ($-18,000,000) 1,058
137
Winona & St. Peter, 1st mort., guar by Cliic.ttN W.
137
do
2d mort.,
do
do
175
do
1st M. exten, gld, land gr., 8. f.
75
Iowa Midland, 1st mort., guar, by Cliic. & N. W..
62
Northwestern Union, 1st mortgage, gold....
Minnesota Valiev. 1 Rt mortm,"P,
Rochester & No. Minnesota, 1st mortgage
Plain View Railroad, 1st mortgage
Chicago d

Chicago, Pekin d
2d

f.

156
70
64

morforaJeM
Southwestern—1st mortgage.

Paducah—1st

mortgage

fund $40,000 per yr.).
(for$12,500,000) coup, or reg..
Chic.tt Southw., IstM.g. (g’d in cur. by C.R.I.&P.)
Iowa South. «t Missouri North. RR. stock .. .
Chic. St. Louis d V. O.—1st M. (N. O. J. & G. N.)
2d mortgage, (N. O. J. & G. N.)
Branch bonds (siuking
1st mortgage

636
271

....

206
224

($500,000 disputed)
mortgage,
do
Chic. St. Louis & N. O. 1st mort. (for $13,000,000)
2d

-

do

2d mort. (for $8,000,000)..

St.PauldMinneapolis—1st mort., g.,coup.*
Laud grant mort., income, coup. (2d on road)
Cincinnati, Hamilton d Dayton—Stock
1st mortgage of 1853
Chicago

1865
Consol, mort. (for $3,000,000), sink,
do

2d

fund 1 p

C..

Cin. Ham. & I, (Junction) RR., 1st mort., guar...
Cincinnati, Lafayette d Chicago— 1st mort., goid—
Consolidated mortgage
Cincinnati d Muskingum Valley—1st mortgage—

&D.
D.

Cin.. Richmond d Chic.—1st mort., guar. C. II.
2d mortgage, guar, and owned by C. H. &

j

Value.

....

1,000
100 &c.

1,000
100
100 &c.

500 &c.
....

1,000

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

....

185
185
567
567
180
180
60
60
60
60
98
56
56
148
36
36

Amount

400,000
3,000,000
750,000
1,750,000

3,916,200
568,200

2111500

3,600,000
1,000,000
6,500,000
477,000
15,404,261
12,279,483
7,304,000
6,600,000
600,000
3,810,000
190,000
591,000

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

1,000,000
3,674,000
1,315,000
234,000
4,000,000

1,000
1,000
1,000
100
100
100 etc.
100 etc.
100 etc.
500 etc.
500 ttc.

1,000
1,000
1,000
1,000
1,000
500 etc.

Rate pei
Cent.

$6,156,000

1,000

....

172,000

2,500,000
3,500,000
14,988,807
21,525,602
1,214,100
708,600
3,477,800
116,000
235,000

1,660,000
158,000
272,000
249,000

4.807,500
3,150,000
1,700,000
400.000

500 *tc.
500 etc.

1,000
1,000
100 etc.

1,000
500 etc.

2,700,000
12,343,000
2,750,000
1,650,000
4,375,000
1,350,000
3,500,000
150,000
200,000

looiooo

1873
1871
1871

1,000

1856
1860
1854
1865
1877
1877
1878

1878
....

1853
1865
1875
1873
1871
1874
1870
1866
1869

2,961'000

1.000

700,000

1,000

300.000

100
1875
1877
1869

1,000
l,000etc
100 <tc.

1,000
1,000
500 etc.
100 ttc.

1,000
1,000
500 ttc.
500 etc.
100

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

these Bonds—Princi¬
Tables*

INTEREST OR DIVIDENDS.

'Outstanding

1,000
1876
1871
1872
1870-1
1871-1
1871
1870
1872

notice of any error discovered In

1

...

Funded coupon bonds
1st mortgage, (Miss. Central)

do

1863
1863
18G5
1871

1,043

Rock Island d Pacific—Stock

Chicago,

or
Par

100
100

1,729
1,729

Chicago, Milwaukee d St. Paul--Com. stock...
Preferred st’ek (7 p. o,. y*rly, not.oiimnlntive).
Consolidated mortgage (for $35,000,000)....
1st mortgage (Lacrosse Div.)

Size,

$....

1869

Jo

mortgage
1st mortgage (Iowa & Minnesota)
1st mortgage (Minnesota Central)
1st mortgage (Iowa & Dakota)
1st mort., Ia. & Dak. Exten. ($15,000 p.
1st mortgage (Prairie du Chien)
2d mortgage (Prairie du Chien)

by giving Immediate

XTii

BONDS,

20,979,800
916,000

9,COO,000
5,000,000
5,000,000
2,941,000
1,500,000
500,000
373,500

1,997,000

3,057,000
7,253,000
2,800,000
2,018,000
3,500,000
1,245,000
494,000
996,000

1,846,000
1,120,000
471,000
1,500,000
560,000
65.000

2
7
6
7
8
5
7
7
7 g.
7 g.
8
7

s.

3^
7
7
7
7
7
7
7

8
7-3
7
7 g.
7
7
7
2

1%
7
7
7
7
7
7
7
7
7
7
7 g.
7
7
7 g.
7 g.
7
7
7 g.

8
7 g.
7

When

Where

M. &
J. &
A. <fc
J. &
J. &
A. &
J. &
J. &
J. &
J. &
F. &
F. <t
J. et
J. et
J. &
J. &
F. &
J. tt

Stocks—LastDividend.

Whom.

Payable
F. & A.
J. & D
Dec.
J. & J.
J. & J.
J. & J.
F. & A.
M. & N.
M. & N.

pal, When Due,

Payable, and by

Boston, Office.
do

April

New York. 4th Nat. Bk.
do
do
New York and Boston.

Boston, by Treasurer.
Boston, Merchants’ B’k.
New York, Park
New York.
do

Bank.

S. Bost., Treasurer’s office.
New York, Office.
J.
do
do
O.
do
do
J.
do
do
J.
do
do
O.
do
do
J.
do
do
J.
do
do
J.
do
do
J.
New York, Office.
A.
A.

do
do

do
do

J.
J. London and New York.
New York, Office.
J.
do
do
J.

A. N.Y., Mil. &
D. New York,
do
Q.-M.
do
F. et A.
do
M. & N.
do
F. et A.
do
F. & A.
do
F. & A.
do
F. tt A.
do
J. tt J.
do
M. et S.
do
J. & J.
do
Q.-F.
do
A. et O.
do
J. & J.
do
J. et J.
do
J. (t D.
do
J. & D.
do
J. et J.
do
M. <t N.
do
J. et D.
do
A. & O.
do
M. tt 6.

7
7
7
8
8
2
6
6
7

St.Paul RR.

1884

June, 1907
Dec., 1907
July 1, 1901

1, 1879
July 1, 188(8
Aug. 15,1892

Jan.

May,

1889

May 1, 1900
Sept. 1889‘
Jan., 1871

April 15, 1879

1,1905

July

1893
1884
1897

1894
1899

July 1, 1908
1898
1898
1891
Jan., 1902
1902

1903
Feb., 189b

Co.’s Office. June 28, 1879
June 28,1879
do
do
Aug. 1, 1885
Nov. 1, 1883
do
do
Aug. 1, 1885
Aug. 1, 1885
do
Aug. 1, 1885
do
Feb. 1, 1882
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

J. & J.
F. tt A. N. Y., Farm. L. & T. Co.
A. et O.
Q.-F. New York, Co.’sdoOffice.
do
F. & A.
do
do
J. & J.
do
do
M. & N.
do
do
2
Q.-F.
J. tt J. New York, Co.’s Office.
8
do
,
do
A. & O.
8
do
do
F. <t A.
do
do
M. & N.
7
do
do
F. <t A.
8
do
do
M. & N.
7
do
do
T. <t D.
6
New York, at Office.
6 g- M. tt N.
do
do
6 g. M. tt N.
A. & O. N. Y., Winslow, L. & Co.
4
do
do
M. & N.
7
do
do
J. & J.
7
do
do
A. & O.
7
do
do
J. & J.
7
7 g. M. & 8. N.Y., J.S.Kennedy &Co.
do
do
7 g. J. & J.
J. & J. New York, Moran Bros.
7
J. <fe J. N. Y., Winslow L. & Co.
7
do
do
J. tfc J.
7

....

15,1879

Feb. 1,

1, 1884
Sept. 1, 1898
Jan., 1888
Feb. 1, 1915

Jan.

April 1,1911
July 1, 1898
July 1, 1906
Juno 1, 1911
Dec.
Jan.
Nov.
Dec.
Oct.
June

1902
1887
1907
1916
1900
1, 1917

1,
1,
1,
1,
1,

July 1, 1905
Aug. 1, 1901
1891
Aug. 1, 1879
Aug. 1, 1895

July 1, 1917
Nov.,

Aug. 1,

1890

1879

July 1, 1886
Oct.

1,1890

Aug. 1,

1885

Nov., 1880&’84Nov. 1, 1886
Nov. 1, 1897
Dec. 1, 1907

May 1, 1918
May, 1898

April, 1873

May 1, 1880
July 20,1885
Oct., 1905
Jan., 1903
Mch. 1901
Nov. 1. 1914

Jan., 1901
July, 1895
Jan.

1,

1889

Chicago Hock Island db Pacific.—In 1878-9 gross re¬
Of consol, bonds of 1875 enough are reserved to
Dubuque & Minn.—This is the take up old debt. Dividends have been paid since ceipts were $9,409,933; net receipts, $4,329.9t0; net
income over interest, &c., $3,196,380.
Owns stock
final reorganization of the Chic. Clin. & Dubnque
1869—on pref. stock in 187 9 3# c^sh, in 1878 10
of la. So. & Mo. North., and pays 2 per cent quar¬
and Chicago Dnbnqne & Minn, roads. Gross earn¬
cash, in 1877 3Vi cash, in 1876 14 per cent in bonds
ings lb78, $485,00J. In Jan , lb79. the $400,000 and 3*4 per cent in cash, in 1874 7 in bonds, 1873 7 terly to Rock Island stockholders, making their
bonds were off 3red to stockholders at par. (V. 27,
quarterly dividend actually 2# per cent. Controls
cash, 1872 7, 1871 7, 1870 7 and 3 scrip; on common
Peorii & Rock Island road. Keokuk & Des Moines
p. 331; V. 23, p. 63, 301.)
stock in 1871 7 scrip, 1870 3 cash and 7 scrip. De¬
RR. was leased Oct.. 1878. (V. 20, p. 574, 599, 023>
Chicaood East, l.linois.—Chic. Danv.& Vine, sold fault was made on West. Union RR. bonds Feb. J,
653; V. 27, p. 514. 677; V. 28, p. 502.)
in foreclosure, and re-organized. On income bonds
1879. and foreclosure suit begUD; see V. 28, p. 14*.
interest is to be paid as earned, not over 7 per year
Chic. St. L. & V. O.—'The stock of this company
(V. 27, p. 172, 25>, 322, i82, 461; V. 28. p. 97. 120, 148,
is controlled by the Ill. Central. The present or¬
(V. 26,p 264, 315, 419; V. 27, p. 435, 486, 513; V. 301, 378, 3 9 8 428, 453, 502, 5-J3, 543, 580, 624.)
28, p. 113, 327.)
ganization was formed by a consolidation after
Chicago db Northwest— For year ending May 31>
foreclosure of the Jackson and Mitts. Central roads
Chicago & Iowa.—8old Mar. 9, 1878, in foreclosure 1679, gross
were
$14,582,516;
expenses,
earnings
in 1877. Gross earnings. 1878, $2,81 u,0l9: n»-t earn¬
of 2d mortgage of $1,150,000, and a re-sale ordered.
rentals, interest,<fec., $12,312,683; balance net profits.
Compromise effected. (V. 25, p.138, 3 07; V. 26, $2,269,883. The fiscal year ends with May. The net ings, $8'8,733. Of 1st mort. $1,199,000 are a prior
lien in Tenn. (V. 28, p. 277, 502.)
p. 166, 264; V. 27, p. 40, 251, 513.)
surplus for 1877-8 on the Chicago & Northwestern
Chicago Si. Paul & Minneapolis.—This is the
Chicago, Iowa & Nebi'aska.—Leased in perpetuity proper, after paying interest, was $3,147,265, and on
the whole system, including proprietary roads, $2,West Wisconsin RR. reorganized.
Pief. stock
to Chic. & Northw., at 37# per ct. of gross receipts.
464,487.
The net deficit on proprietary roads was
$1 000,000, common $4 000.100. The 1st mortgage
Chic.
Lake Huron.—This was a consolidation $682,688.
Lands of the company were 2,243,188 is a 2d on the lands; the land mort. a 2d on roadr
acres unsold.
of the Peninsular Railroad and Port Huron & Lake
Operations of the C. & N. W. proper, hut no foreclosure can be had except on default on
Mich. To be sold in foreclosure under the sectional for four years, compare as follows:
1st mort. The lands mortgaged are about :40,000
Net
Gross
Expenses
(V. 26, p. 116; V. 27, p. 408, 487, 652;
mortgages.
acres, and the total lands owned considei ably more.
earnings.
earnings.
and taxes.
V. 28, p. 17, 120, 233, 302.)
(V. 26, p. 436; V. 27, p. 382; V. 28, p. 502.)
$6,827,720
$6,756,126
$13,583,1,847
Chic. <fc Mich. Lake Shore.—Foreclosure sale made 1877-78
5,329,819
Cine. Ham. & Day ton— Net income of C. H.& D. in
11,377,50 )
6,517,680
Nov. 16, 1878, and road purchased for bondhold¬ 1876-77...
6,364.8 3
1878 9, $141,193 after payment of interest. Defaulted
7,408,957
12.773,711
ers.
Stock issued for old bonds, except the above 1875-76
4,723,i:31
onC. H & I. guarantee in 1877. Rep< rtof bondhold¬
1874-75
7,984,694
12,707,126
issue. (V. 26, p. 495, 599; V. 27, p. 227, 538.)
ers’ conference, V. 2J, p. 68. (V. 26. p. 117, 509T
In February, 1879, the quarterly dividends on pre¬
624; Y. 27, p. 356; V. 28, p. 68, 202, 525, 624.)
Chicago Milwaukee & St. Paul.—Net earning3 in ferred stock were begun. Dividends from 1671 to
1878, $3,659 454; 18T7, $3,574,460; 1876, $3,100,847; 1878, inclusive, were as follows: December, 1878.
Cincinnati, Lafayette & Chicago.—*Gross earnings
1875, $3,085,389. The earnings were reduced in 1874 3)$ on preferred, 2 on common stock; June, 1878,
in 1876-7, $;28,172, net, $116,159. (V. 20, f>. 568.)
and 1875 by the lower freight rates imposed by the 3# on pref.. 3 on com.; Dec., 1877, 33* on pref.;
Wisconsin railroad law. Annual report for 1878, V. Dec., 1870, 2*4 on pref.; July, 1873, 3# on pref.;
Cincinnati & Muskingum Valley.- Is leased for 99
28, p. 393. The following is a comparison for three Dec.. 1&72, 3# on both; Jane, 1872, 3# on pref.;
years from 1873 to Pittso., Cin. & St. Louis for net
earn’gs, but bonded interest is guaranteed. Net earn¬
years of operations, and financial condition at the Dec., 1871, 3# on pref.; June, 1871, 5 or. both. (V.
close of year;
ings, 1878, $22,310—1088 to lessee, $82,639. (V. 22, p 25, p. 160,441, 532; V. 26, p. 469. 574; V. 27, p. 140,
1878.
1877.
1876.
Chicago Clinton

.

,

.

....

Miles

owned..

Stock.....

Funded debt.
Earnings
...
Op. expenses.
Net earnings.




1,412
1,512
1,899
$27,683,744 $27,683,744 $27,673,744
32,0'8,500 29,954 500
30,010,500
8,054,171
8,45 ,707 8,114,894
4,7*2,3 3 4,5r0,438
4,953,311

3,659,454

3,574.400

.

3,100,847

170, 372, 426, 603, b28.)v
Chicago & Paducah.—Gross earnings 1876-7. $271,370; net, $68,294. (V. 23, p. 427; Y. 28, p. 617.)
Chic.Pek. (kSouthw'n.—Receiver appointed
(Y. 25, p. 16, 618; V. 28, p. 41, 68, 199.)

1877.

June,

519, 614.)

Cincinnati, Richmond cfe Chicago.—Leased to Cin.,
which owns most of the stock. Net
profit to lessee, above interest, 1877-73, $22,944. (V
•
20, p. 6?4.)

Ham. & Dayton,

CY111

RAILROAD STOCKS AND BONDS.

Subscribers will coufer

a

great favor by a ivlug immediate notice of
any error d

DESCRIPTION.

!

INTEREST

Miles Date
For explanation of column
of
of
headings,
Ac., see notes
on first
page of tables.
Road. Bouds

Value.

Outstanding

Cin. Richmond <t Ft. IT.—1st
mort., gojd, guar

$1,000

$1,800,000

90
2 88
198

Cincinnati, Sandusky <£ Cleveland—Stock
Preferred stock.

..

Mortgage bonds, Sandusky, Daj'tou & Ciuciuuati
ao
Sandusky city & Ind
2d
rnort^.
Cine., Sandusky A Cleve
Cincinnati <£ Springfield—1st
mortgage, guar
2d mortgage
Cin., Wab. <t Mich—1st mortgage
Cleveland, Columbus, Cincinnati <£• Ind.—Stock..
1st mortgage (C., C. & C.
RR.) $25,000 a year

....

•

138

•

.

<£

202

390
390
80
G7
67
35
145

..

Mahoning Valley—Stock

1st mortgage, extended
New bonds
Niles & New Lisbon, 1st

mortgage

Cleveland, Ml. Vernon & Del.—1st mortgage, gold
1st

mortgage, Columbus Extension

income

....

mortgage

Cleveland <£■ Pittsburgh.—Guaranteed stock
4th mortgage (now" 1st)
Consolidated sinking fund mort. for
$5,000,000..
Construction and equipment bonds
Cleveland, Tuscaraicds Valley & Wheeling—1st m...

_

<£

Jlst mortgage, sinking fund bonds
-1st mortgage, Logan A StraitsviUe
Branch
2d mortgage bonds

Tol.

Logansp’t A

Burl.(Logansp. to Ill line)
do
Col. A Ind. 1st A 2d
prefdCol. to U’n City)
do
Cinn. A Chic. Air Line(Richm’d to
Logans.)
2d M. Col. A Ind’polis Cent. (Col.to Union
City)..
do
Indiana Central (Indianapolis to Ohio
line)
*do
Chic. A G’t East, construe. (Chic, to
Rich’d)
do
Columbus, Chicago A Ind. Central
Income conv. do
do
do

Income (Toledo, Logansport A Burlington)

Columbus, Springfield

Columbus
Columbus
1st

d-

i£ Cincinnati— 1st mort

Coticord <£ Portsmouth—Stock,
guaranteed
Connecticut <£• Passumpsic—Stock
.New mortgage (for $1,500,000)

Notes, coupon

Conn. A Pass.

Connecting (Phila.)—1st mortgage
Cumberland c£

Pennsylvania—1st mortgage
2d mortgage, sinking fund,
(guaranteed)
Cumberland Valley—Stock ($484,900
preferred)
1st mortgage..'
■2d mortgage,
sinking fund guaranteed

1868

117
208
93
61
102
107
102
72
224

Springfield.—Leased

in

p. 232, 401.)

1,000
1.000

1,000

2,539,000

50
500 Ac.
500 Ac.
500 Ac

2,759,200
630,000

1,000

1,350,000

500,000

1,000
500 Ac.

11,244,036
1,104,844
2,651,000
1,298,000

-

•

-

1,000
50
500 Ac.

1,000
1,000
100

1857

8 g-

451,000
2,632,000

.

775,000

821,000
666,500
341,400
3,692,000
3,847,000
74,024
1,000,000
2,416,000
1,786,200
302,000
1,500,000
350,000
2,175,500
1,272,000
123,000
400,000
400,000
262,500
2,100,000

500 Ac.

1,000

1,000
50

1,000

1873
1871

50
100
100
100 Ac.
100 Ac.
100

1,000

56
44
7

1871

1,000

38
38

1866
1868

1,000

ioo

....

’60-”72
1869
1876

1,000
50
100 Ac.

1,000
50

1871
50
1856
1.000
1867
1,000
1869
1,000
61A64 500 Ac.
1865
1,000

7

J.

7
7
7
7
7
7
7

A. A O.

7
7
2
7

3*2
1*2
7
7
6 g7
4
7

6
6
6

1%

399.)
Comnbus, Chicago & Indiana Central— On Jan.
22, 1869, it was leased (amended Feb. 1.
1870,) by
the Pittsburgh Cin. & St.
Louis, guaranteed by
p.

Penn. Railroad.
The amended lease guaranteed
interest on $15,821,000 ol first and second
bonds.
Aug.. ’74. default was made on the $5,000,000 seconds.
April 1, 1875, defaulted on 1st mort. The guarantee
of interest was absolute, but the
Pennsylvania Rail¬
road claims that the C. C. A I. C. Co. did
not fulfil
all its part.
Bondholders claim that no such failure
after bonds had been sold with the
guaranty could
prejudice their rights. The ca9e between lessor
and lessee (not as to
bondholders) was decided
May, 1879.
See Chronicle, May 3, p. 4
503.

3,

,

*181,528.

(V. 26, p. 289.)




.

Colebrookdcle.— Leased to Philadelphia <fc Read¬
No dividends paid on stock.
Colorado Central.—Built
mainly by Union Pacific,
which holds the bonds, $5,270,593 in all.
(V. 26, p.
626; V. 2", p. 269.)
Columbus tfc Hocking Valley.—Gross
earnings,
1978. $871,?53; net, $391,1<7. against
$386,834in 1876.
tV. 24. p. 395; V. 25, p. 90; V.
26, D. 390; V. 29,

against $455,340
574; V. 27, p. 172,
199; V. 28, p. 43, 145, 172, 37 7 453, 5u3.)
Columbus dr Tote to.— Gross
earnings, in 1878,
$517,871; net, $222,258. (V. 26, p. 39o; V. 28, p.
399.)

cent on stock and interest on bonds.

26,

p.

5‘41; V. 29, p. 525.)
Portsmouth—heased

Concord <&
at

$25,000

per year.

to

$340,453.

(V-

Concord RR.

Connecticut <4 Pussumpsic.— Annual
report to
June, 878. showed net earnings for year
$222,590.
against $244,310 in 1876-7. The new mortgage of
$1.500 003 will retire Drevionf issues. (V. 23, p.
301,
547; V..25, p.211,431; V. 26, p. 367.)

N. Y., A. Iselin & Co.
do
do
do
do
do
do
do
do
do
do
do
do

A J.

A
A
A
A

J.
A.

A.
A.
A S.
A A.

N. Y., A. Iselin & Co.
N. Y., Union Trust Co.

New York.
Columbus Treasury.
N. Y., Am. Exch. N. B’k
Boston, Tower, G. & Co
Boston.
Boston Office,

M.
M.
J.
F.
A.

A
A
A
A
A

S.
N.
J.
A.

O.

do
do
do

Various

1*2

ing.

Concord.— Net receipts in 1877-8,

1872

F.
J.
A.
J.
J.
M.
M.
M.

Jan.

1, 1913

June 1,
June 1,
Feb. 10,
Oct. 1,

1898
1890

1879
1897
July 1, 1880
Jan.

1, 1892

1893 & ’95

A N.

Q.-M.

5

Cleveland, Mount Vernon & Delaware.—Defaulted
July, 1874, and coupons due then and one-half of
.coupons from Jan. 1, 1875, to and including
July 1,
1877,. were postponed to Jan. 1,1885. and the remain¬
ing half to be p«id, but this failed July, 1877. and
Columbus & Xenia.—This road is leased to the
Litnegotiations are pending. Gross earnings 1878, tl • Miami Co., and both roads for 99
j'ears to Pitts¬
4|3s2,6y8; expenses, $317,727; net, $64,971. Interest burg Cinn. A St. Louis Co.; the lease is
guaranteed
charge, $li:6,995. (V. 28, p. 400.)
by Pennsylvania Railroad, and the terms are 8
per
Cleveland &

Pittsburgh.--Leased to Pennsylvania
Railroad at 7 per cent on stock, besides
expenses
and interest, and transferred to
Pennsylvania Co.
•Net earnings 1878, »1,168,580, deficit to
lessee,
$149,112; in 1877 a deficit of $207,111. (V. 26, p.
67,
2S7 ; V. 28, p. 41,300.)
Cleveland, Tuscarawas Valley &
Wheeling.—This
►road was sold under a 2d mortgage, Jan.
27,1875, and
re-erg.-mized. Gross earning9, 1877, $191,463; net.

M.
J.
J.
F.
F.
F.
M.
F.

8
8
6
7 g.
1 >2
7
7 g.
5 g-

In 1879 net
earnings were $111,514,
in 1877. (V. 26, p.
166, 389, 522,

June, 1921

April, 1908

Various

2*2

-

do
do

A

J.
A. A O.
F. A A.
J. A J.

161,000
109,500
81,800
558,000
600,000
500,000
2,000,000
1,710,000
2,395,350
426,000
356,000
105,500
614,000

do
do

Various

7
7

2
7
7
7
7
6 & 7

Columbus, Office.
Y., St. Nich. Nat. B’k

A J.

J.

1,777,850

1,286,100
1,870,000

do

J. A D.
J. A D. Boston, Treas.’s Office

F. A A.
A. A O. N.
J. A J.

7

803,500
594,000

1,000
50

do '

Cleveland, Ohio.
Phila., Co.’s Office.

4
7
7

10
7
7

1,000,000
996,000

500 Ac.
500 Ac.
100 Ac.

1874

J. A J.

7
6

10,428.000

^

1871
1875

Winslow, L. & Co.
Boston, Office,

13,938,972

1,000

1869
1875

41

7

2,180,000
600,000
1,272,000
2,030,150
1,500,000
300,000
700,000

100 Ac.

A D. N. Y.,

Y.,u\‘ii

950,000
669,000

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

J.

Stocks—Last
Dividend*

Whom.

M. A N.
do
do
May 1, 1879
F. A A.
do
do
Aug. 1, 1900
M. A S.
do
do
Sept. 1, 1897
J. A D. N. Y., Union Trust Co. Dec.
1, 1890
A. A O.
N. Y., U. S. Trust Co.
April 1, 1901
J. A J.
do
do
1902
J. A J.
Wabasli, Indiana
July 1, 1891
F. A A. N. Y., U. S. Trust Co.
Feb. 1, 1876
J. A D.
do
do
June, ’75 to ’84
J. A J.
do
do
Until 1899
M. A N.
do
do
May, 1899
7 or 6 g. J. A D. New York or London.
June 1,1914
3*2
M. A N.
QfejV,eland. Office.
(?)
7 g. F. A A.
N.Tr, Ward, C. & Co.
Aug. 1, 1893
7
M. A S.
Sept., 1906
7
J. A J. N.
lion Trust Co.
Jan., 1890
7 g. J. A J.
N.Y., Wifigslow, L. A Co. Jan. 1, 1900
7 g.
do
do
Jan. 1, 1901
7
M. A S.
do
do
Jan. 1, 1905
1%
Q.—M.
,, Farm. L. &1
Juuol, 1879
6
J. A J.
do
do
Jan., 1892
7
M. A N.
do
do
Nov. 1, 1900

150,000
420,000
3,000,000

1,000
1,000

When

3
6
7
7
7
7
7 g.
3
7
7
7

1,824,000
14,991,800

100
500
1.000

587

33
33
117
160
142
142
142
142
142

r

perpetuity
Clev. Col. C. & I., with
guarantee or interest:
on half of 1st
mortgage bonds interest is guaranteed
by Lake Sh. & M. S. (V. 23, p. 232 )
Cincinnati, Wabash & Michigan.— Some bonds
held by L. Sh. & Mich. So’n. but no
indorsement by
that company. Went into trustees’
hands Jan , 1878.
(V. 26, p. 40, 166. 192, 367.)
Cleveland, Columbus, Cincinnati & Indianap.—
Annual report in V. 28, p. 301. Net
earnings 1878,
$7(>7.tb0. against $488,778 in 18:7. and $702,917 in
*876. (V. 26, p. 287; V. 28. p. 301.)
Cleveland & Mahoning Valley.—Is leased to At¬
lantic A Great Western. (V. 20,
p. 85, 139; V. 23,

....

....

7

Bond*—Princi¬

pal, When Due.

Pay’bie

10s.

531,000
309,500
217,750

61*2

Danville, Urbana, BTlbn d- Pekin—1st M.. gold
Davenport d- North western—1st mortgage, gold
Dayton <£■ Michigan—Com. stock
(S^guar. C.H.AD.)
Preferred stock, (8 percent, guar.
C. H. AD.)
I st mortgage, sinking fund,
$30,000
per year
•2d mortgage
3d mortgage
Toledo depot (cost $353,940) 1st and 2d
Dayton <£• Western—1st M., guar. L. M. A C.mortgage
& X

p. 172.)

....

....

1864
1865

110
52
52

•Common bonds
Dakota Southern—1st mortgage,
coup., s. fund
Danbury d• Norwalk—Stock
1st, 2d and 3d mortgages

to

....

....

Connecticut Valley—1st
mortgage

Cincinnati, Sandusky & Cleveland.— In the year
ending June 30, l.s7s, gross earnings were $'.14,323;
expenses, $534,917; net earnings, $119,906.
Six
coupons on 2d mort. bonds funded, from June,
1877. Thepref. rtcck has a lien
by deposit of old
bonds in trust. (V 25. p. 380, 407,
430, 5 1 O, 591: V.
56, p.116, 141: V. 27, p. 303, 382, 461; V. 28. p. 145.)
Cincinnati &

....

1873
1876
1870
1870
1871
1875

1867
1870
1872

38
38

by Conn. A Pass
Connecticut Central—1st
mortgage for $400,000...
Connecticut River—Stock
guar,

Cincinnati, Eidimond & Fcrt Wayne.— Leased to
■Giaid Rapids for 99 years. Interest
guaranteed by
Or. Ran., Cin. Ham. & Dayton, and
by Pennsylvania
Co (V ll, p. 532; V. 24, p. 563; V.
27,

1860
1864
1869
1874

....

....

guar, same div. as

....

1868
1870

118
55
55
141
41
146
110

Concord—Stock

bonds,

1866
1852
1867
1871
1872
1871

Rate per
Cent.

4,005,750
429,037
750,000
350,000
1.100,300
2,000,000
651,000

50

1862

45

mortgage

do

Amount

....

Toledo—1st mortgage, coupon, s. f
Xenia—Stock

Massawippi st’k,

or

par

50

1867
1873

588
588

..

1871

Size

50

101
18
78
89
76
13
89

Hockinq Valley—Stock

Columbus, Chicago <£ Indiana Central—Stock
J.st M. (consol.) Columbus, Chic. & Ind.
Central..
do
Chic. A G’t East. (Chic, to
Logansport).
do
Col. A Ind’polis Cent.
(Col. to tnd’s A br.).
do
Union A Logansp’t (U’n City
to Logansp’t)
do

_

225
199
199

Colebrookdale—1 st mortgage
Colorado Central— 1st
mortgage, convertible
Columbus

•

•

114
471

(Bel. & Ind.) excli. for new mort...
C., C., C. & I. sinking fund
•Consol. M. for $7,500,000 (sink, fund 1
per c-t.)

Cleveland

•

80
48

..

do
do

fVOL. XXVIII.

A
A
A
A
A
A
A
A

Nov.,
Dec.,
Feb.,
Dec.,

1904
1905
1884

1883
1886 to ’90

Nov., 1904
Jan., 1882

Feb., 1890
Sept. 1, 1901
Aug. 1, 1905
June 10,1879

Sept. 1,1890
May 1, 1879
July 1, 1879
Feb. 1, 1879
April 1, 1893
.Ian. 1,1881

A.
Feb. 1. 1879
J.
do
July 1, 1889
O.
Oot., 1895"
J. Boston, Boat. A Alb. RR.
July 1, 1879
J. N. Yr., Am. Exch. N. Bk. Jan.
1, 1901
8.
Philadelphia.
1900-’l-’2-’3-’4
S. New York, Co.’s Office March
1,1891
N.
do
do
May 1, 1888
Pliila.
and
Q.—J.
Carlisle, Pa. April 1, 1879
A. A O. Phila., T. A. Biddle & Co
April 1, 1904
A. A O.
do
do
April 1, 1908
A. A O.
do
do
Jan. 1, 1884
F. A A.
New York.
Feb. 1,1894
Q.—M. New York and Danbury
(?)
J. A J. New York,
84Broadw’y 1880, ’90, ’92
A. A O. N. Y., Farm. L. & T. Co.
April, 1909
J. A D.
Dec. 1, 1906
A. A O. Cincinnati. C. H.AD.Co.
April, 1879
Q.-J. N. Y., Winslow, L. ACo. July, 1879
J. A J.
do
do
July, 1881
M. A S.
do
do
Sept., 1887
A. A 0.
do
do
Oct., 1888 M. A S.
do
do
Mar.,’81 & ’94
J. A J. N. Y., Am. Exch. N. B’k Jan.
•

1, 1905

Connecticut Central. Net earnings, 1876-7,
$12,390.

(V. 22, p. 209.)

Connecticut River.—Net income 1377-8.

$205,686,

against $201,931 in 1876-7. (V. 23, p. 500; V. 26, p.
94; V. 27, p. 537.)
Connecticut \ alley. - In default and
lately in pos¬

session of State Treasurer
ers.

Net

as

trustee for bondhold¬

earnings, 1876-7, $59,019.

V. 26, p. 18,40; V. 28, p. 41.)

(V. 25, p. 61C;

Connecting.—Leased to Philadelphia A Trenton,
and operated by Pennsylvania;
terms, 6 per cent v,n
$1,2 78,300 stock, and interest on the bonds.
Cumberland <£ Pennsylvania.—Owned and
oper¬
ated by Consolidation Coal
Co., which guarantees
2d mortgage. Stock $1,500,000.
(V. 22, p. 415.)
Cumberland Valley.—The stock is owned in
large
part by Pennsylvania Railroad Co. Net
earnings,
1878, $214,514.

Large advances have been made to
branch roads. (V. 24. n. 135; V.
26, d. 493; V.
28, p. 4*17.)
Dakota Southern.—The earnings of the road
are
reported at $219,2t4 in 1878, and net
earnings
357.
Second mortg. bonds for $600,003 were $106,can¬
celled and pref. stock issued. S fund is 4
p. c. m
1879 and 5 per cent afterwards.
(V. 25, p. 609; V. 26,
p. 334; V. 23. p. 120.)

Danbury & Nor walk.--Gross earnings, 1876-77,
$165,215; expenses,
$114,963;
net
earnings,
$50,275.

(V. 26,p. 141.)

DanviUe. Urban a, Boomington db Pekin. -This
is
a part of the
Indianapolis Bloomington A Western,
now in defaul t.
See I. B. & W.

Dave.ijort
1376,

after

&

Northwestern.—Organized

fo-eclosure.

June,

Gross earnings 1877-8,

$222,627; net, $17,738. (V. v7, p. 566.)
Dayton & Michigan.—Leased in perpetuity to Cin,
Ham. & Dayton, which pays interest on
bonds, and
uarantees
dividends on stock,
holding itself

1,398,100 of the common. (Y. 21, p. 62.)
Dayton & Western. - Leased to Little *Miami, and
with that to

Pittsb. Cin. A St. L. About
$90,003 of
old ext. mortg. bonds of
1881, are yet out, which
will be retired shortly.

June

Subscribers will confer a

Date Size, or
of
Par
Road. Bonds Value.
Miles
of

notes

85

Delaware Railroads—Stock
Extension mortgage

13

85

Mortgage bonds, convertible, guar. P. W. A B
Delaware <£ Bound Brook—Stock, guaranteed^

....

27
105
115
288

1st mortgage

Western—Stock
2d mortgage (Delaware, Lackawanna A Western)
Consol, rnort., on roads A equipin’t,($l 0,000,000).
Bonds (convertible Juno 1, 1875 to ’77)
Lackawanna & Bloomsb., 1st mort. (extension)..

Delaware, Lackawanna <£•

do
do ‘
2d mortgage
Denver A Boulder Valley—Mortgage bonds,
Denver Pacific— 1st mortgage, gold, land
Denver A Rio Grande—1st mort., gold, sink,

....

GO
25
22
10G

coup..

grant..
fd

.

291
....

Extension mortgage
Arkansas Valley, 1st mortgage
Des Moines A Fort Dodge—1st mortgage, coupon—
Detroit, Lansing A North.—1st mortgage
Ionia & Lansing, 1st mort., coup., may
reg. ...
do
2d mortgage
do
do

be

Dct. Gr. Haven A Mil.—1st M., guar.,(for
2d mortgage, guar., (for $3,500,000)

$2,000,000)

mortgage

mortgage
East Tennessee, Virginia d} Georgia—Stock
1st mortgage sinking fund bonds
East Term. & Georgia ($02,000 are endorsed)
East Tennessee and Virginia (endorsed)
2d mortgage to U. S. Government

40
143
100
43

55
55
90
90

30
36
3G
270
242

112
130

—
—

...

282

(Mass.)—Stock
Essex RR.lst mort. (extended for 20 years)
Old loans exchangeable (int. ceased Sept.,’76) —
Mortgage funding certificates

Eastern

1st mortgage bonds
Income bonds, 099 years
Erie & Pittsburg—Stock

....

47
75
75
75

to run

100

convertible into consolid. mort—
convertible
-Consolidated mortgage free of State tax.
Equipment bonds
Europ'n A N.A m.—1st M., Bang’r to Winn.,Bang’r l’n
Land grant 1st mort. (2d mort. Bangor to Winn.).
Bangor A Piscataquis, Bangor loan, 1st mortg...
Evansv. A Terre Haute.—Stock ($100,000 is pref.) ..
1st mortgage, Evansv. A Ill., sink, fund
l6t mort., sinking fund (Evansville to Terre II.)..
Evanville, Terre Haute A
2d mortgage, gold
Fitchb urg—Stock

Chic.—1st mort., gold

Bonds^coupons, | ($4^000,000 authorized) £

1856
1877
1872
1859
1858

500 &c.
....

1,000
100 Ac.
100 &c.

1870

1,000

1869
1870

1,000
500 Ac.

1879

1853

1853
1851
1854

1853
1879
....

1863
1864
1863
1863
1870
1870
1870
1873
....

1858
....

1870
50-’5G
1856
•

•

.

.

•

81*2
81*3
81*2

...

....

100 Ac,
500 Ac.
1.000

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

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

1,000
50
100 Ac.
100

1,000

1,000
1,000
....

100
....

....

....

....

....

....

....

.

.

.

1869
1869
1869

Marquette—Stock

fund
Flint & Holly RR. (siuk’g fund $25,000 per year).
Bay City, E. Saginaw, 1st mort., guar by lessees.'
Bay County, issued in aid, guar by lessees

fund.

Delaware.—Leased by Phila. Wilmington Sv Balti¬
more till 1897 for 6 per cent on stock and bonds, but
if 30 per cent of gross earnings does not pay that,
the balance is charged annually to Del. RR. In 1678,

200,000

500,000
1,309,200
495,900

1,968,274
3,123,000
862,400
147,000
190,000

4,997,600
194,400

227,003
13,165,619

500
50
100 Ac.
100 Ac

1,000
....

1,000
500 Ac.
100

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

ioo

500,000
1,000,000
570,000

1,998,400
291,700
92,300
2,193,000

745,000
1,000,000
2,000,000
814,000

1,120,307
281,000
611,000
125,500
775,000
325,000
4,500,000
500,000
500,000
3,559,000

1,000
500 Ac.
500 Ac.
500

2,006,000
375,500
100,000

75,000

59

1871
1877

Deti'cdt Lansing
sold in foreclosure
company

1,000
1,000

1,000,000
309,000

$40,709
908,02 f
authorized for $10,003,000 is to
bonds with $2,82'.OK), and the

Net profit in 1878
Loss for year 1877

The mortgage
take up prior
'balance for cash resources.

Jon., 1877, were




funded.

after foreclosure.
bonds. Cmpous

Feb. 15,188S
Jan. 1, 1878
Jul v 1,1919

1883
1894

do
do

do
do

N.Y.,M.K.Jesup,P.A Co.
do

A
A
A
A

do

>

N.Y., N.Y. Cent. A Hud.
do
do

'

do
do

July, 1883
Oct., 1883
June, 1890
Oct, 1, 1890
Oct. 1. 1890
Jul v 1, 1903
Jan. 21, 1879
Mar. 1, 1888
Mav 1, 1879

Pliiladelp a, Co.’s Office.
Phila., by P. A R. RR.
Phila., P. A R. office.
N. Y., R. T. Wilson A Co.
N. Y., Gallatin Nat’l B’k 1 July 1, 1900
N. Y.,R. T. Wilson A Co.1 1880 to 188ft
May 1, 188ft
do
do

J.
M.
A.
M.
J.
M.
F.
M.
J.
J.
A.
A.

Co.

N. Phila., Penn. R. R.
do
do
J.
J. Phila., Penn. Trust
O. Pliila., Penn. R. R.
N.

Q.-M.
J.
A.
J.
A.

Co.

Co.
Y., Union Trust Co.

do
do
A J.
do
do
A O.
do
do
A, J.
do
do
A O.
Boston.
A J.
A S. New York and Boston.
A O. Boston, Second N. Bank
A N.
A J. N.Y.,Farm. L’anA T.Co.
do
do
A N.
do
do
A A.
A N. N.Y.,Farm.L’an A T.Co.
do
do
A J.
Boston Office.
A J.
do
A O.
do
A 0.

Oct. 1,
June 10,

2802
1879

July 1, 1882
April 1, 1SSO
July 1, 1898
Oct. 1, 1890
Jan. 1, 1889
1, 1899
April 1, 1899
Nov., 1878)
Jan. 1, 1887
Nov. 1, 1*887
Aug. 1, 1880
May 1, 1900
Jan. 1, 1903
July 1, 187$*
April 1, 1894
Mar.

April 1, 1898-

.

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

8
8
10
10
10
8
8
7 g.

I

issued

$1,874,600 common ftock and $2,504,00u pref. stock.
Gross earnings 1878, $970,033; nor earnings,$3*2,196,

time at 105.
Dubuque & Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross earn¬
ings first ten years, and 36 afterwards. In 1816 gross
earnings were $978,279; in 1877, $921,412; in 1878,
off any

$921,170.

embarrassed 1875.
fund the old issues
1879, then 4X

Eastern
(Mass.) —Company
A general mortgage was made to
of debt, bearing 3yt per cent till Sept.,

15,1873
15,187*
April 1, 187*-

Nov.
Nov.

Baltimore, N. Cent. RR.

1 g.
7 g3
7
6

Dubuque South western—Farley to Cedar Rapids, la.
The Morris & Essex Gross
earnings, 1677, $105,312; expenses, $97,215.
Railroad is teased and some of its bonds guar¬
26,
(V.
p.
264, 459.)
anteed. (V. 24, p. 181, 605; V. 25, p. 457; V. 26, p.
Dunkirk Allegh. Valley & Pittsburg.—A consoli¬
191; V. 23, p. 144.)
dation, Dec. 1, 1872. Road leased and bonds mostly
Denver A Boulder Valley.—This road is leased to
held by N.Y. Central & Hudson, which pays interest
the Denver Pacific.
as rental.
Net deficit on operations 1878, $645.
Denver TaAfic— Land grant, 1,100,000 acres. In
East Br ad Top. -Mainly a coal road.
1877-8 gn*«s turnings were $228,639; net earnings,
East Pennsylvania.- Leased to
Philadelphia &
$87,546. Receiver appointed April, 1818. , (V. 26, Reading. Dividends are 6 per cent per annum.
p. 342,408, 4)4,549; V. 27. p. 253, 274.)
East
Tennessee Virginia A Georgia. — Leases
Denver A Rio Grande.—Narruw-gauge road. Leased
Memphis & Charleston Railroad for its own account
from Dec. 1, 1878, f »r 30 years to Atch Top. & Santa
and risk, paying over net earnings. Gross earn¬
Fe, at 43 per cent of gross earnings first year and ings year ending June 30, 1878 were $1,022,651; ex¬
thence decreasing.
(V. 27, p. 67. 227, 331, 382, 134,
penses, $612.61!, and net earnings, $409,608. (V.
514,539, 603; V. 28. p. 120, 173, 427, 502.)
Des Moines & Fort Dodge.—This, is part of the 25, p. 40«; V. 27, p. 626.)
Des Moines Valley, reorganized
There are also $1,2 0,00) income

1880

1908
1908

Sept.
M.
J.
J.
A.

rv
4

$22,0:3; the total deficiency was
26, p. »4I; V. 28, p. 69.)

3,198,752—3,610,725

May 1,

Sept., 1906
Feb., 1879.
Sept., 1878'
May, 1879
July, 1879Jan. 1, 1880

2*2

was

Rentals

1900

1905
1907
July 1, 1889

June 1,
Jan. 1,

Boston and London.
Boston.

7
7

$305,580, and deficiency charged against $282,916 in 1877. Dividend of $6 per shire
$259,155. (V. paid on preferred stock February, 1679. (V. 26, p.
Delaware & Bound Brook.—Leased to Phila & 288; V. 28, p. 326.)
Detroit Grand Haven & Milwaukee..—This company
Reading for 990 years, lessee paying int. and 6 per is the reorganization of the Detroit & Milwaukee,
cent on rtock in 1879-81, 7 per cent m 1881 8-1, and
sold in foreclosure September, 1818. Net earnings
8 per cent afterward. Gross earnings 1878. $270,570;
Jan. 1 to Nov. 10, 1878, $238,204. The Detroit &
net, $119,021. (V. 26, p. 312; V. 28, p. 451, 503.)
Pontiac and O. & O. interest is to be paid, and the
Delaware Lackawanna A Western. —Operations
bonds may be changed into new first mortgige. All
consist largely of coal mining and transportation. other bonds
changeable for new 2d mortgage. tV.
No annual report is made, except that required to
the State authorities of Penn. For 1878 the Income 26, p. 117. 232, 2 4 2. 367, 3)1, 419, 574 599; V. 27, p.
15, 40, 67, 172, 251, 356; V. 28, p. 129.)
account is given thus:
A Dakota—The bonds are guaranteed
Net receipts...
$3,651,431 byDubuque
Dubuque & Sioux City RR. They m.y be paid
Interest ou bonds
$411,965

gross earnings were

Nov. 1,

M. A S.

& Noi'th.—The old road was I
December 14. 1876, and new

organized by bondholders, who

A
A
A
A

1,1900

N.Y.,M.K. Jesup,P. A Co. April 15,1879

D.
O.
O.
J.
J.
S.
0.
,T.
J.
N.

A

Nov.

May 1, 1899
Nov. 1, 1900

July 15,1873
Sept. 15,189ft

134
7
7
7
7
6
6 g.
6 A 7

June, 1892
March, 1885
April 15,1880

Boston.
do

*

7
5

Sept. 1, 1907

do
do
do

J. A J.
M. A S.

3,298,200

41.405
65

3*2g.

A
A
A
A
A

1895
1879
August, 1905

July 1,
Aug. 1,

March 1,1881

do
do

New York A London.
New York.
do
do
do
New York.

A N.
A N.
A O.
A A.
A J.
A J.
A O.
A J.
A J.
A J.
A O.

2, 187f*(
1, 1880

Jan.
Jan.

July 20,187ft

Office.

N. N.Y., Lond. A Frankft.
N. N. Y., Bk. of Commerce.
N. N. Y., U. S. Trust Co.
do
do
do
do
N.
New York.
J.
J.
Boston, Co.’s office.
do
do
J.
do
do
N.

A

M.
M.
A.
F.
J.
J.
A.
J.
J.
J.
A.
J.
A.
A.
J.
J.
M.
A.
J.
J.
M.

7
7
7 g.
7
7
7
3
7
3
7
6
6
4
3
6

2*g
3*2

D.
S.
O.

J. A
J. A
M. A

7

5

S.
S.

M. A

J.

•

500,000

1,000

1868
1868
1867

1,000,000

A
A
A
A
A
A
A
A

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

7 g.
6
7
8
8
6
5
6 g.
7
7
8
7
6 g.
2 ‘
7

500,000

1874

190
17
13

296,000
586,000
81,500
450,000
2,000,000

New York,
do
do
do
do
do

Q.-J.

7
7
7
7
7
7 g.
1 g1 g.

100
50
50

500 Ac.

1872

400,000

5,000,000

Pniladelphiit.

F. A A.

2*2

2,712,500

1852
1854
1860
1870
1873

283

<•

6,382,500
5,000,000
1,040,000
1,200,000
1,975,000
770,000
81,000
(?)
(?)
150,866
51,000
150,000
250,000
100,000

Pniladelph a.

Q.-F.

7

pal, When Due-Stocks—Last'
Dividend.

A J.
Dover, Co.’s Office.
A J. Phila.,Girard Nat. Bank
A J. Phil., Fid’lity T.T. A.S.Co

J.
J.
J.

1*2

Payable, and by
Whom.

Payable

3
6
6

100

1,000

....

56
58
49
131
51
109
23
55
55
189

2,350,000

1,000
1,000

1876

.

100,000
650,000
1,500,000
1,500,000
26,200,000
1,633,000
3,067,000
600,000
370,900
209,000
550,000

Where

When

Rate per
Cent.

$1,430,216

500 Ac.

•

1862
1865
1868

Outstanding

1,000
1,000

.

1860
1863

Amount

....

283

Consolidated mortgage, sinking
1st mort.. land grant, 3d series

Construction bonds
Holly, Wayne & Monroe, 1st mort., sinking
Florida Central—3 st mortgage, gold, coupon

50

....

1st mortgage,
2d mortgage,

Rockville extension

....

....

1856

Eel River—Stock
Elmira Jeff. A Canandaigua.—Stock
Elmira A Williamsport—Stock, common
Preferred stock

Flint A Pere

•

■

1st

1875

1878

•

1,000
....

189
•

....

■

1877
1869
1870
1878

....

registered

«

182
59
59
191

90

East Broad Top— 1st mortgage,
East Pennsylvania—Stock

•

«

1874

....

mortgage

$50

•

1870

•

Pittsburg—1st mort., gold

•

•

88

....

Oct. 1,18G3

•

1859
1875

43

%

Sterling (Oak. A Otta. RK.) Oct. 1, 1853, gold
Dollar (Oak. & Otta. RR.) bonds, Oct, 1, 1853 —
1st mort. (Detroit A Pontiac RR.), April 1, 1851.
3d mortgage (Detroit & Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit A Pontiac RR.), Jan. 1853.
Dubuque A Dakota—1st mort., gold, guar
Dubuque A Sioux City—Stock
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)
Dubuque Southwestern—1st mort.,pref., sink, fd—
2d
3d

discovered In these Roads—Princi¬
Tables*

INTEREST OR DIVIDENDS.

For explanation of column headings, &c., see
at the head of first page of tables.

1st mortgage,

giving Immediate notice of any error

great favor by

DESCRIPTION.

Dunkirk, Allegh. Valley A

xix

RAILROAD STOCK8 AND BONDS

28, 1879.]

A N.
A S.
A N.
A J.
A S.
A J.
A J.
A J.

per

N.Y., Merch’nts’Ex.B’k.
N. Y., Meehan. Nat. B’k.

do
do
Newark, N. J., Sav. Ins.
New York.

May, 1902
Sept. 1, 1888
May 1, 1889

July 1, 1882
Sept. 1, 1887
Jan. 1, 187ft
do
N. Y.,Mecb. Nat. Bank. Jan. 1, 1901
N. Y.. Farm. L. A Tr. Co.' Jan. 1, 1907

cent till Sept., 188?,

and 6 for balance of term.

income was $629,792. The Eastern io
N. XL, a separate corporation, is leased. (V. 2rir
p. 548; V. 27, p. 15. 251, 35i, 382, 537, 626.)
Eel River.- This is the Detroit Eel River & Ill„
re organized.
Net earnings 1878, $67,842. (V. 28,
In 1877-78 net

p.

276.)

Canandaigua.—Originally leased
and operated
by it until May 1, 1866, when the lease was transf rred to the Northern Central Railway Co., by
Elmir i Jeff. A
to the New York

& Erie Railroad Co.

which it has since been operated.
Elmira A Williamsport.—Leased in 1863 to North.
Cent, for 999 years.
per
Rent amounts to
year. Bonds due 1880 to be
per
(V. 58, p. 253 )
Erie A Pittsburg.—Leased in perpetuity to the

$165,000
cent.

extended at 6

Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 p. c. per annum on stock and
debt. Net earnings, 1878, $157,602; interest and
dividend charge, $372,540. (V. 28, p. 377.)
European A North American.—Defaulted in 1675.
Sterling mort. on N.Brunswick Div. foreclosed Ang.^
1878.
(V. 26, p. 18, 142, 418; V. 27, p. 148, 251, 628.j*
Evansville A Terre Hdute —This was the Evansh
ville & Crawfoidsville.
Net earuings 1877-8, $178^
748. (V. 25. p. 456; V. 27. p. 538.)
r.vansville, Terre Haute A Chicago.—Qrose earn¬
ings, 1876-7, $203,371; net, $70,923. (V. 21, p. 1365)
Fitchburg— Leases Vt.& Mass. Net income. 1877-8,
above rental and interest. $253,766.
(V. 26, p. 94%
117, 391, 543; V. 27, p. 567; V 28, p. 17, c2U.)
Elint A Pere

Marquette.—Gross earnings in Is 78;

Si,* 81,147; in 1877,

*997,965; and net earnings in

1873, $433,370, against $416,679 in
are in five trusts;
sales in 1878,

1877. The

lands

9.*2l acres, for

$135,805; total net sales to Jan. 1, 1878, 275,722 acresr
for $2,217,436; lands then unsold, 235,779 acres

passed Nov. ,1875, ano»
41 *3.54S; V. ®3, p. 69,
Jacksonville to Lake

Coupors on consol, bonds
part were funded. (V. 26, p.
146, 223, 5 2 5 , 599.)
FloHta
Oitv.

•

Central.—From

Bonds authorized, $59 >.000.

1877-8, $156,458.

(V. 28, p. 599.)

G«os* e^rningy

(RAILROAD STOCKS AND BONDS.
Subscribers will confer

a

great favor by giving Immediate notice of
any error discovered In

DESCRIPTION.

Miles Date
For explanation of column headings, <fcc., see notes
of
of
at the head of tirst page or tables.
Road. Bonds

Flushing, North Shored; Cent.—lstmort. (Fl.&N. S.)

2d mortgage (FI. & N. S.)
Central of X.. I., 1st mortgage
do
do
Extension 1st mortgage
Fonda. Johnstown d Glorersville—1st
mortgage
Fort Wayne, Jackson d Saginaw—1st
mort., coup...
2d mort. and

equipment bonds, coupon
Fort Wayne, Miuicic d Cincinnati—1st
mort.,gold...
2d mortgage
Framingham d Lowell—1st mortgage bonds
Frankfort d Kokomo— 1st mortgage, gold
Galveston, Harrisb.d S.Antonio—1st mort, gold, l.gr.
Galveston, Houston d Hend. of 1871—1st mort
Geneva, Ithaca d Saj/re—1st mort., 8. f., gold
Georgia Railroad d Banking Co.—Stock
Bonds, not mortgage

58

1860
1870
1872
1873
1870

10
100
100
109
109
26
26
215
50
35
232

Size,

$500(fee.
1,000
500 &c.
500 &c.
100 &c.

1,000

1860
1871
1871

1,000
1,000

1870
1873
1872
1870

1,000
1,000

.

'/

400,000
1,000,000
200,000
300,000
1,500,000
500,000

7
7

500,000
500,000
200,000

4,200,000
1,493,000

100 &c.

Rate per
Cent.

$800,000

1,800,000

1,000

600,000

100
500

4,200,000

1,000

1,000,000
2,800,000
4,000,000
3,205,000

....

1877

Amount

Value.

1860
1871

483,000

i

7
8
8

I*
7
7
6 g.

1,600
1,000
1,000

F.

J.
J.
J.
J.
J.

Is■

1873
1875

Canadian debentures

.

d St.

..

Joseph—Common stock

Preferred stock (7 p. c. yearly, not cumulative)...
Missouri State loan
Bonds 1870, convertible
Bonds, secured by $2,500,000 I’d notes
1st mortgage (Quincy & Palmyra RR;
1st mortgage (Kansas City & Cam. RR.)

Harrisb.,

Portsm’th,

1st mortgage
Housatonic—Stock

Ml. Joy d Lane.—Stock

Preferred stock
1st mortgage
2d mort. bonds of 1869
Equipment bonds of 1873
Houst. Bast d West Texas.—1st
mortgage, gold
Houston d Texas Cent.—1st M., (main) gold, l.gr.,s.f.
1st mort., West div. (Hempstead to
Austin)
1st M., gold.Waco &N’west (Bremond to

Waco)
Consol, mort., 1. gr. (coupon, but
may be reg’d)...
Income and indemnity bonds
Huntingdon d Broad Top—1st mort., gold
2d mortgage, gold
3d mortgage .consolidated

Illinois Central—Stock

Redemption, 1st and 2d series
Mortgage bonds, sterling
Sterling bonds, (sinking fund £20,000 yearly)....
Mortgage, sterling
Bonds,

($2,000,000)

M. on Ch. <fc Sp. RR..
Indianapolis, Bloomington d West.—1st mort., gold.
2d mortgage
Ind., Bloom.. & W., Extension, 1st mort., gold
coup.

Indianapolis, Cincinnati

d Lafayette—Stock
Preferred stock (issued for funded debt
bonds)...
Indianapolis & Cincinnati of 1858, 1st mort
Indianapolis, Cincinnati & Lafayette
do
do
do
Funded interest bonds, coupon

Flushing, North Shore & Central.—Now leased to
li. I. RR. There are, in addition to
above, $125,000
"NT. Y. & Flushing RR. 7s; $149,uOO North Shore
7s;
And $93,000 Whitestone & Westchester 7s.
Com¬
pany embarrassed, sirce Sept., 1877.
(V. 25, p. 334,
432; V. 16, p 469; V. 27, p. 677.)
Fonda, Johnstown dt Glovers ville.—Z'iet earnings
137.i-7, $45,066.
Fort Wayne, Jackson & Saginaw.— Traffic
guaran¬
tee 40 per cent from Mich. Cent. Interest is
paid as
earned.
In 1878 gross earnings were
$428,167;
m 1877, $25^,321.
Net earnings 1877, $109,669. (V.
-26, p. 2«4; V. 27, p. 331; V. 2-«, p. 199, 300 ,
Fort Wayne, Muncie
tfc Cincinnati.—Receiver
Appointed November, 1874. (V. 23, p. 396.)
Framingham & Lowell. -Leased to Boston, Clin¬
ton & Fitchburg; has also $250,000 8
per cent notes
due in 1882-3.

£100

’58-’78

2,165,830

iioo

1,000.000

500,000

....

143

143
296

187*6

15
53
54
54
120
120
74

i’oo

9,168.700
5,083,024
3,000,000
4,000,000
531,000
500,000
1,200,000
1,182,550
700,000
820,000
1,180,000
100,000
300,000
150,000
125,000
6,227,000
2,305,000
940,000

100

1,000

1,000
•

*

"

•

■

1867

*50

....

1853

....

100
100

....

....

•

•

•

•

50
343
118
47
461

1860
1873
1878
1866
1870
1873
1872

'*58

185*4

*500

58
58

1857
1865

1,000

707

112
202
202
217

184
184

90
151
179

20
20

1864
1875
1874
1875
1877
1869
1870
1872

1,00*0

1,000

1,000
1,000
1,000

3,292,000
1,359,500

416,000
367,500
1,500,000
29,000,000
2,500,000
2,500,000
4,393,000
1,000,000
1,600,000
3,000,000
1,500,000
5,500,000
5,587,150
1,419,400
1,600,000
2,800,000
1,767,000

500

100
500 &c.
£200
£200
£200

1,000

1,000
1,000
1,000
50

....

1875
1858

50
500 &e.

1867
1860
1873
1873
1862
1867

1,000
1,000

150 &c.

446.300

500&c.

353,000
499,000
1,497,000

1,000

1.000

company offers sixes.
V. 28, p.501.)




A. & O.
M. & S.

A.
J.
Various F.
J.
J.
A
4 g. J.
5-16
A.
A.
2*2
5
J.
6
J.
7

do

do

Boston, Office,
do

Boston.
New York.
Bost. & London.
N.

Mar. 1, 1902
May 1, 1903
July 1, 1900
July 1, 1889
Oct., 1891
Oct., 1889
April, 1896
April 1, 1891
Jan. 1, 1908

1910

Y., F. P. James & Co. July 1, 1902
Y., Metrop. Nat. B’k. July 1, 1890

N.

do
do

Dec. 15, 1878

yearly to 1890
July 1, 1897

do
do

.

1899

18*99

do
do

1906

& O. London, at Co.’s C
& J.
do
do
& A.
do
do
& J.
do
do
& J.
do
do
& J.
do
do
& O
London & Montreal,
& O
do
do
& J London Joint Stock B’k
& D
do
do
do
do

April, 1877
Jan., 1920
Perpetual.

"

g

7

7
6
8
7
8
10

3*2
6

“2*

Columbia, Co.’s Office,
do

Irredeemable.
Irredeemable.
Irredeemable.

April, 1878
April, 1878
Perpetual.
Dec., 1890
Oct., 1880-82

•*

1881 to 1386

do

Q.-J.

F. & A.

l g‘

M.
J.
J.
J.
A.

t
Is•

7

lg'
7 g.
7

3
6

g g-

ig*
Is-

7 g.

7
7
7
7
10
7
7

Grand Rapids Sb Indiana*—Gross
earnings 1878,
net, $215,478. Unguaranteed bonds are
secured by the samp mortgage
as the guaranteed
on the land
grant. Since Dec.. 1875, 1st mortgage
bonds redeemed by sinking fund are
rep’aced by
income bonds issm d to Conlinental
Improvement
Co. The Penn, railroad virtually
buys the coupons
paid by it, and holds $1,652,110 of them. (V. 26,
p. 95, 192, 239, 44 3, 543, 625.)
Grand Trunk {Canada).—The above figures repre¬
sent pounds
ster.-ing. Net earnings in half year

ending Dec. 31, 1878, £224,750. Interest, rentals, &c.,

£209,757. (V. 26, p. 265, 443; V. 27, p. 95, 148, 382,
408, 460; V. 28, p.453, 4 7 4 553.)
Great Western {Canada).—The above
figures are
given in pounds sterling. For the half year
ending
Jan. 31, 1879, the gross
receipts were £387,295;
working expenses, £255.794: net earnings, £131,501.
(V. 26, p 265, 443, 574; V. 27,
p. 94, 381, 513 S V.
28, p. 474.)
,

Bridgeport & Boston.
Bridgeport and Boston
do

&
&
&
&
&

7

(V. 25, p. 90; V. 26, p. 468;

.

J. & J. N. Y., B’k. No. America
M. & S.
do
do
J. <fc J. N. Y., Farm. L. & T. Co
F. & A. N. Y., B’k. No. America
J. & J.
do
do
J. & J.
Pliila., Co.’s Office,
.T. & J.
do
do

7
6
7

$1,200,629;

,

Y., St. Nick. Nat. B’k.
Y., Farm’s. L.&T. Co.

do
do

6 g
*6 g.

(V. 26, p. 166.)
Frankfort &. Kokomo.—8ms\\ road in Indiana.
Capital stock, $600,000.
Galvestcn, Harrisburg & San Antonio.
Gross
earnings 1877, $1052,568; expenses, $360,204; net
earning.', $692,363. A sinking fund of 1 per cent
Greenville & Columbia.— This
company defaulted
begius in 1830. The company has 16 sections of but
compromised with its bondholders. Net earn¬
land per mile. (V.26, p. 3 66.)
ing- 1877, $180,614. (V. 26, p. 547; V. 27, p. 227;
Galveston, Hmston <fe TTenderson.—Net earnings V. 28, p. 553.)
1878, $184,595. (V. 28, p. 146, 172.)
Hannibal & St. Joseph.—Gross
earnings in 1878,
Geneva, Ithaca & Sayre.—Sold Sept. 2, 1876, and $2,015,450; net, $780,355; intere-t charge,
$660,000.
re-organized, this mort. being the old I. & A. mort. The company has about *2,5(>0,000 in land notes, and
about to,OO acres yet unsold. The bonds
<See V. 23, p. 256, 304. 451; V. 24, p. 110.)
secured
on land notes have a
sinking fund of $25,000 per
Georgia Railroad
Banking Company —The an
quarter. (V.26, p. 212. 390,625; V. 27, p. 279,
-dual report for the last fiscal year, ending
April 1,
1879, was published in V. 28, p. 501. A comparative 487, 603; V. 23, p. 199, 220.)
statement for three years was as follows:
Harrisburg Pmtsm. Alt. Joy & Lancaster.—Leased
to Penn RR which owns a
1876-7.
1877-8.
1878-9.
majority of the stock.
Tot. gr. earng’s... $1,143,122 $1,0:3,712
$997,718
Housatonic.—Lease •* Berkshire Railroad, StockOperat’g expenses.
613,110
72','.(D
6 Ml, 323 bridge & Pittsfield, and West
Stockbridge. Gross
Net earnings
500,017
2S6.012
339,392 earnings in 1877-8 were $570,413; net, $219,941.
fa Mar, 1875, this company, with the Central Ga.,ourHouston Fast dk West Texas.—In
progress, Hous¬
chaaed at foreclosure sale the Western RR. of Ala. ton to
Shreveport, 2*25 miles. Narrow gauge; bonds
For Montgomery & West Point 8 per cents this
$7,000 per mile.
—

N.
N.

Augusta,Ga., RR. Bank,

632,237

1870

1878

do
do
do

.

....

1853-7

$1,413,071

Various

....

Equipment bonds, registered

Cin. & Ind., 1st mortgage
do 2d M., guar. ($1,000,000 due ’77 ext. to
’92)

500,000
500,000
1,200,000
3,218,149
2,327,808
7,166,910
£6,037,991
505,753

£*2012

4953*

1871-2
1877

do

do
do

7,500,000

....

....

Stocks—Last
Dividend.

N.Y., Chatham Nat. Bk. May 1, 1889

£3,486,787

—

350
350
145

Where Payable, and by
Whom.

2,560,000
3,111,500

Equipment mort., 1st

on all rolling stock
do
2d
do
do
Postal bonds, <fcc., secured by gov’t business
1st pref. bonds, conv. into 1st pref.
stock
2d
do
do
2d
do
3d
do
conv
Great Western (Cancula)—Common stock
Preferred 5 per cent, convertible into common...
Debentures
New bonds, coupon
Short bonds exchanged for bonds due 76, ’77,
’78.
Greenville d Columbia— 1st mort.,guar.by State
Bonds not guaranteed
New mortgage (for $2,500,000)

Bonds—Princi¬

pal, When Due.

7g. J. &* J. N. Y., Winslow, L.

795,000

£25
£100

& N.
& N.
& S.
& N.
& J.
& J.
& O.
& O.
& O.
& O.
& J.
& A.
<fc J.
& J.

J.

I «•

7
6

When

Payable
M.
M.
M.
M.
J.
J.
A.
A.
A.
A.

5781
I860
1860
1875

these Tables.

INTEREST OR DIVIDENDS.

or

Par

....

do
do
Grand Rapids d Indiana—Stock
332
1st mort., land grant, gold (guar, by Pa. RR)
332
1st mort., gold, ($2,195,000 are land grant)
332
Income mortgage bonds, for $10,000,000
332
Grand Trunk (Canada)—Consolidated stock
1,390
New stock for £10,000,000
Debenture stock for £8,000,000 (act of 1874)....

Hannibal

[Voi,. XXVIII.

A. ’&
F. &
A. &
M. &
A. &
A. &
A. &
J. &
J. &
A. &
J. &
J. &

Philadelphia, Office,

A.

do

O

'

do

do
do
N. Y., Co.’s Office.
N. Y., Co.’s Office.
London.

S,
O.

O
O.
D
J.
O.
J.
J.

1884-1887

Mar., 1885
Jan. 1,1888
Jan., 1892
Jan., 1886
July 1, 1879
July 1, 1883

April 15, 1879
'1885
1889
1883
1898

do

N.
New York.
J. N. Y., Nat’l. City Bank
J.
do
do
J.
do
do
O. N- Y., J. J. Cisco & Son

*0,

Aug., 1870

London,Morton R.& Co
do
do
N. Y., Co.’s Office.

July 1, 1891
July 1, 1891
July 1, 1903
Oct.

1, 1912

Oct.
Feb.

1, 1890
1, 1895
April 1, 1895
March 1, 1879

April 1, 1890
April 1, 1895
April 1, 1903
Dec.
Jan.

New York,

1, 1905

1, 1898

Oct., 1909
Oct., 1890

do
do

1912

A. & O. N. Y., Amer. Ex. Bank
April, 1888
F. & A.
do
do
Feb., 1897
J. & D.
do
do
June, 1899
!M. & S.
do
do
Sept. ’78,’80,’83
M. & S.
do
do
Sept. 1, 1883
J. & D.
do
do
Dec., 1892
Jj. & J. New York and Boston, Jan.
’82, ’87, ’92

Houston tfe Texas Central.—Gross earnings for ten
ending Feb., 1878, were $2,350,412; net,
$937,797.
Company owns 5,240,000 acres land
against first and consol, mortgages, and other lands
and lots against income bonds.
(V. 25, p. 357; V.
26. p. 40, 296, 334.)
Huntingdon <fe Broad Top.— Capital stock is $2,052,800. Gross earnings in 1876 were $238,889; net,
$132,693. Interest passed on 3d mortgage bonds.
(V. 24, p. 369.)
Illinois Central.—The general
mortg. of 1874 pro¬
vides for all bonds outstanding. It is limited to
$15,000,000. The Company controls the Chic. St.
Louis & N. O. road, owning 62,792 shares of its
stock, $1,087,000 of flretmort. bonds, and $4,953,000
months

of the 2d mort. income bonds.
the Chicago & Spring, under
bonds secured on that road

from all

In July, 1877, took
lease, and issued the
In 1878, net income

sources was

$3,147,387, leaving a surplus of
annual charges and dividends. Fol¬

$665,532

over

lowing is

a comparison for four years:
Gross
Net

Year.

Earnings.

Earnings.

Interest,
&c.

$7,111,181
$3,015,229
$661,182
6,639,845
2,546.561
582,1WU
7,040.969
2,144,776
-616,792
7,802,556
2.670.081
661,098
(V. 26, p. 164, 548, 574; V. 28, p. 95, 198.199.)
Indianapolis, Bloomington <t Western—Default was
first made July, 1874, and foreclosure took
place

1877
1876
1875

Oct. 30, 1878. Receiver’s certificates issued to con¬
siderable amount. The Danville, Urbana, Bloom¬
ington & Pekin is part of this road.
Net earnings
of main line in 18 7-8, $302,803.
(V. 26, p. 67, 190,
420, 470, 548: V. 27, p. 41, 148, 172. 199. 223, 357, 383,
435. 461, 486, 677; V. 28, p. 18, 146,
221, 224, 276,

302, 352, 401, 526.)
Indianajxolis, Cincinnati & Lafayette.—Who com¬
pany defaulted July, 1876, and Mr. Ingalls, President,
wan
appointed receiver.
Gross earnings 1877-8,
$1,309,0^7; expenses, $814,69?;• net earnings, *194,383. (V. 25. p. 182. 380; V. 25. p. 265.
625; V. 27,
p. 172, 303, 3 5 4, 331; V. 28, p,30.\ 401, 526.)

•*

June

Subscribers will confer a

great favor

DESCRIPTION.

by giving Immediate
Road

152

1876

$1,000

1876
1869
1870
1871

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

Of

58
at the head

of first page

of tables.
))

m

m

117

.

255
204
255

.

.

184
250

.

.

9
38

1st mortgage (Susquehanna to Carbondale)..
Jeffersonville, Madison d Indianapolis—Stock
Indianapolis & Madison, 1st mortgage

226

.

86

159
159

.

2d mortgage.

.

44

Junction,

2d mortgage...

16f
274
52
274

Bhiffs—Stock.

Joseph

1st mort.,
1st mort.,

gold, coup., on 140 miles
gold, 140th to 393d mile

re

west Mo. Riv

Branch)
—
on 427 miles

1st mort., coup., (Leavenworth
Income bonds, coupon, 3d mortgage

Kentucky Central—2d

-

guar.

C. R. I. <fc P.

Miss.—1st mortgage
Bloominaton—1st mortgage...

Lafayette Bloomington d
Lafayette Mancie d
Lake Shored

Michigan

•

stock

....

99
99
162
49
82
37

(sink, fund, 1 per cent) coupon.
do
do
registered
mortgage, do. (for $25,000,000) coup, and reg,

864
864
864

of Oct., 1869, sinking fund
1st mortgage, sinking fund, M. S. & N. I
2d mortgage (C., P. & A. RR.) registered bonds..
3d mortgage
do
Lake shore dividend bonds, April, 1869
1st mortgage (C. & Tol. RR.) sinking fund
2d mortgage
do
Buffalo
Erie, mortgage bonds

864

Consol. 1st mort.,
do

2d
Income bonds, coupon or

registered

Mortgage bonds

451
95
95
258
162
162
88

88
88

do

do
do
Det. Monroe &

do

62
37
12
13
58

Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage
Schoolcraft & Three River. 1st mortgage
Kalamazoo

1st mortgage
& Gr. Rapids, 1st mortgage,
do
stock, 6 per ct. guar.
& Franklin, 1st mortgage
2d mortgage
do

& Schoolcraft,

Kalamazoo, Allegan
do

Jamestown
do

Lawrence—Stock
mortgage
Leavenworth Atch. & N. W— 1st mort., guar
Leaven., Law. d Oalv.—1st mort., l.gr. ,s.f., conv
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
1st

Indianapolis, Decatur A Springfield—This em¬
braces the former Indiana & Illinois Central; 50

under construction. The id
issued to holders of old I. & I. C. firsts,
and till July, 1881, interest is payable out of net
earnings only if sufficient.
Stock is $500,000.
Gross earnings, 878, *110,347; net, $28,965. (V. 27,
p. 251; V. 28, p. 27
624.)
miles more are now

mortgage is

IndianapoLU A St.
bonds selies “A” are
series “ C,” M. & N.

Louis.—Of the 1st m^rtsa^e

J. & J.; series “B,”
The stock, $600,000,

M. & S.;
is owned

by Pennsylvania Co. and Cl. Col. Cin. & Ind. Be¬
longs to Penn, system, and leases the St. Louis A.
& T. H. In 1877-8, net earnings were $313,903;

$6 8.690. (V. 26, n. 95,
4i, 409, 454, 603; V. 23, p. 377.)

payment*,
p.

614, 654; V. 27,

Indianapolis A Vincennes.—Is leased to Penn.
Co., through stock ownership, and interest is guar¬
anteed by Penn. Railroad. Net earnings 1878, $5,348.
(V. 28, p. 18, 377.)
International A Great Northern (Texas).—A. con¬
solidation of the

International and the Houston &
Receiver appointed April, 1878,

Great Northern.
and plan of re-organization
icle, V. 27. p. 95, 331. and sale

made, as per Chron¬
to be made July al,
1879. pursuant thereto. Net earnings, 1878, $571.9^2.
Land grant about 5,'00/00 acres.
(V. 26, p.342,
547; V. 27. p 95, 331; V. 23, p. 351, 42>.)
Iowa Falls A Sioux City.—Leaned to Illinois Cen¬

tral at 35 per cent, on

earnings.
A Mobile.—This

Jacksonville, Pensacola

m

m

m

100
500 &e

1,000
1,000
100
500 &c

+

1862
1866
1870
1878
1877
•

•

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

•

1879
1866
1877
1877

road is

mortgaged for a like amount of Florida State bonds,
and is held by the State. Noticed for sale Sept 15,
1879. (V.
P- 63, 256, 576; V. 24, p. 40, 204; V.
25, p. 212; V. 28, p. 573, 59 M

Jefferson.—Leased to the Erie Railway Company,

22
17
21
145
32

10

2,000,000
(?)
800,000
455,000

m

300.000

4,000,000
500,000

4,495,522
2,488,174
9,689,950

50 &c.
250 &c.

4,275,350
1,578,000

1,000

1,500,000

1,000
1,000
1,000
100&C.

600,000
844,000
237,000
2,750,000

1,600

2,395,000
1,300,000
666,000

49,466,500

1,000
1,000
1,000

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

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

1862
1866
1868
1876

500 &c.

1,000
-

1869
1867
1867
1868

....

...

-

.

.

1,000
1,000

1863
1869

50

1,000
1,000
1,000

1865
1870
1869
1870

1,000

1872

1,500,000

100
100

1,000
1,000

1870
1870
1873
1872
1869
1855
1859
1867
1869
1855
1866

600,000

1,000

,

....

8
8

A.
J.
F.
F.

1
7
8
7
7

A.
J.
J.
J.

!; 8,159,000 l:

924,000
400,000
100,000
100,000
840,000
610,000
410,000
500,000
450,000
337,000
500,000

5,500,000
720,000
160,000

g.
g.
g.

0 N. Y., National City
do
do
J
do
do
A
do
do
A

1908
1900

B’k April 1, 1911
Jan. 1, 1900
Feb., 1904
1, 1904

Feb.

&
&
&
&

June 1,

1879

April 1, 1899

1900
1887 & 1889
Jan. 1, 1889

May, 1879
May 1, 1881
Oct. 1, 1906
July 1, 1910
1908

g-

g.
g.
g.

&
&
&
&
&
&
&
&
&
&

N.
N.
-S.
J.
S.
O.
O.
S.
D.
O.

g.

7

F.
F.
F.
F.
J.

A.
A.
A.
A.

do
do

J.

7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
8
8
3
7
7

N.Y.,Grand Cent.Office.
do

& J.
& D.

M. & N.
J. & J.
A. & 0.
A. & O.
J. & J.
A. & 0.
J. & J.
M. & S.
A. & O.
F. & A.
J. & J.
J. & J.
J. & J.
J. <fc J.
A. & O.
J. & J.
J. & D.

2*2

1880-1902
Aug., 1901

Q.—J.

Qi'Z ®

lift

Aug., 1901
Aug. 1, 1879
Aug. 1, 1879
July 1, 1900
July 1, 1900
Dec. 1, 1903
Oct. 1, 1882
Oct. 1, 1879
May 1, 1885

5521
'

*326
ce a
od

,

ci

a 0

cS-r3

ps

£,? el

0

cjp-'.a

Q

1
V

Pittsburg Office.

F. & A. tf. Y., Winslow, L. & Co.
A. & O. S.Y., B’k of Commerce.
J. & J. Sew York and Boston.
Boston Office.
M. & N.

7
7
10
10
8

Jan., 1879
Aug., 1895
3ct. 1, 1889

July, 1899

May, 1890

do

....

1892

Moines.—The stock is $1,524,600
Dref. and $2,600,400 coirmon-a majority held
by lessee. Leased to Chic. Rk. I. & Pacific for 45
years from Oct. 1, 1878, on basis of 25 per cent of
Keokuk A Des

8 p. c.

gross earnings
bonds.
Gro«s

$532,541.

merest on th«
$564,604; 1677-8,
470, 523, 546; V. 27, p. 857,

with a guarantee of
earnings, 1876-7,

(V. 26, p.

628.)
Knox A Lincoln.—In 1877 net earnings were $48.943. Interest is paid on bonds by cities and towns.
Annual report for 1876, Y. 22, p. 304.

Lafayette Bloomington A

to Tol. Wab. & W.

Miss.—f ormerly leased

(V. 27, p. 146; V. 28, p.

553.)

Lafayette Muncie A Bloomington.—?old in fore¬
closure April 3, 1879.
(V. 24, p. 46S, 518; V. 27, p.
146; V. 28, p. 120, 302, 344, 453.)
Lake Shore A Michigan Southern.— The report for
1873 (V. 28, p. 473), showed surplu* income over

624.)

A Council Bluffs—The
the securities as issued
sincere-organization. In 187 8 gross earnings were
#1,533,650, and net earnings $448,059. (VT 26, p.
390; V. 28, p. 350, f99.)

Kansas City, St. Joseph
above statement is made of

interest, rentals, &c.,

For first half of
rentals were $1,871),for the yean

$2,774,373.

1879 net profits above int. and
561. The following shows a summary

named:

Pax.—Scrip for coupons funded is about
$2,503,000. In 1878 gross earnings were $3,610,224,

1878.
1,176
1,176
Gross earnings.. $13 949.176 $13,505,158 $13,979,766
8,486.600
8.963,965
Operat’g exp*ee.
9,574,835
4.541,193
5.493,166
Net earnings....
4,374,341
50,000,p00
50,000,000
Stock
50,000,000
Total debt
37.524,000 37,274,000 37,0$4,OCtt
(V. 26, p. 442, 645; V. 27, p. 602, 645; V. 28,p.
473, 618.)
Lawrence.—Leased to Pit tab., F. Wayne A Chic,
at 40 per cent on gross earnings. Lease transferred
to Pennsylv’a Company. Net earnings, 1875, $84,177.
Sinking fund has $14,000 bonds. (V. 20. p. 425.)
Leavenworth Atch. AN. W.—Operated by Missouri

Kansas

1877.

1876.

Miles

in

1877, $1,280,467 m 18T6 and $1,572,880 in 1875. The
land grant is in two trusts, 2,000,000 acres in the first,
from the 1st to the 380th mile, and 3,000,000 acres in
the second, from 350th mile westwaid, (Denver
See 1st page Supplement of Sept.,
Extension.)
1878. The company, Augu -t 1, 1878, conveyed its
lands to S. J. Gilmore, subject onlv to the land
mortgages. Foreclosure pending under first mort¬

extension). (V. 27, p 16, 41,
253, 274, 275. 280. 357,
18, 69, 121, 199, 277, 453,

95, 96, 121, 136. 200, 228, 251,
383, 4:35, 539, 677; V. 28, p.
477, 503 578, 599, 624.)

Kentucky Central.—This was formerly Covington
the bonds.
& Lexington.
The company pnrehased the MaysJeffersonville, Madison A Indianapolis.—Leased ville & Lexington road. In
May, 1879, it paid a
Jan. 1, 1873, to Pennsylvania Company for interest
of 3 per cent on preferred stock of $500,000
and sinking fund of bonds, and 7 per cent a year dividend
Lease guaranteed by Penna. Railroad. and 1 per*cent on common stock of $4,500,000.
on stock.
Gross earnings 1878-9. *558,389; net, $203,750. (V.
In 1878, gross earnings were $1,150,014; net earn¬
24, p. 495; V. 26, p. 573.)
ings, $422,933. (V. 26, p. 192; V. 18, p. 378 )

May 1, 1899
Jan
1, 1896
July 1, 1916
July 1, 1880
Sept., 1886
Oct., 1879
April 1, 1903
March, 1883
June, 1885
Oct. 1, 1923

New York.

A. & O.
A. & O.

1, 1907
1, 1907

May 1, 1919
Aug. 1, 1895
June 1, 1896

First Nat. Bank.

do

1, 1880

1895 to’97

transportation.

Q.-J.

7-

$1,459.461, against $1,367,777

&
&
&
&

of Commerce.

N. Y., Loud. & FranfcPt.
N. Y., Bk of Commerce.
do
do
N. Y., Lond. & Frankf’t.
New York.
do
New York.
N. Y., Bank of America.
do
do
N. Y.,Farm. L. & T. Co.

Various Bath,
g.

July 10,1907
July 1, 1882
April 1, 1900
Jan.
Jan.
Jan.

Boston, at Office.
do
do
do
do

Payable *3 by
M.
M.
M.
J.
M.
A.
A.
M.
J.
A.

1,176

Pacific.

which pays interest on




&
&
&
&

M. & N. N. Y., Bk
do
F. & A.
do
J. & D.

(V. 25, p.592; V. 26, p. 40.)
Junction (Phil.}—Owned by connecting companies.
Cost of road $1,061,730; paid-up stock, $250,000.
Net earnings 1878, $57,%3. Dividends 14 per cent.
Kamas City, Fort Scott A Gulf.—The Mo. River
Fort Scott & Gulf was sold in foreclosure Feb. 4,
1879; the 1st mortgage bondholders took new 7
per cents for 80 per cent of their bonds, and for all
other claims stock was issued.
Gross receipts in
1877, from mad and lands, $1,004,545; net, $263,894.
(V. 25, p. 308; V. 26, p. 342, 391; V. 28, p. 42, 146,

of 1869 (Denver

July 1, 1881

.

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

old 8 per cents.

gage

1, 1906
July 1, 1906
July 1, 1919
Oct, 1, 1900
Jan.

....

m

Albany.—This was sold in fore

and net earnings

do

do

7
7
6

m

ze-organized, 1678. (V. 23, p. 624.)
Joliet A Northern Indiana.— This 7 percent bond,
guaranteed by Michigan Central, issued in place of

closure and

York, Co.’s Office.

New

7
6
6
7

5

r

Dividend.

Variou 3 N. Y., Union Trust Co.
do
do
& O
do
do
& J
& A N. Y., Farm. L. & T. Co.
do
do
& N

A.
J.
F.
M.

Bonds—Princi¬

Wkom.

Boston.
O N. Y., Nat. Park Bank.
New Yo»k.
J.
J. Honesdale Nat. Bank.
J. N. Y., by Erie Railroad.
Q.—F. N. Y., Farm. L. & T. Co.
do
do
1VL & N.
do
•
do
A. & O.
do
do
J. & J.
New York.
J. & J. N. Y., Farm. L. & T. Co.
J. & J.
Philadelphia Office.
do
do
A. & O.
J. & J.
Boston, Co.’s office.

2*2

533,500

9,350,000
3,150,000
638,000
5,255,000
894,000
920,000
1,356,000
1,595,000
849,000
200,000
300,000
2,834,000

m

.

Tables*

pal, When Due,
Stocks—Last
Where Payable and by

Q.—M.

c
6
6
6
7
7
7
7
7
10
7
7
7
5
6
7
7

2,240,000
4,063,000
6,303,000

6,380,000

69-’72
1871
1871

7 g.
7 g.

13*

2,395,000

1,000
1,000

1853
1855
1878

A. & 0
J. & J

7
7
7

1,000

1866
1866
1870
1871
1876
1873

Jersey City A

2,052,000
2,907,000
2,787,620
4,625,000
2,960,000
4,000,000
300,tOO
2,000,000
2,000,000
397,000

2.789,413

1,000
1,000

7 S’
7
7
7
8
7
6

3,264,000
4,084,000

100

m

51
51

1,700.000
1,450,000
5,500,000

1,000
100 tfcc.
100
50

1879
1865
1866
1865-7
1869

1181

Southern—Stock

Guaranteed 10 per cent

427

3312

mortgage

3d mortgage
Keokuk dDes Moines—1st M., int.
Knox A Lincoln— 1st mortgage

140
253
394
245
34

do

2d land mort.,
do
do
Consol, funding mortgage—

500,000
.

....

750
t

* vy|-

wv, vrw,

KJ.J

VVUOVl.

2,667.000
2,000,000
1,000,000

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

1869

Rate pe r JWhen
Cent.
Pay’bhe

$1,500,000

1,000

1869
1870
1867

S9

Philadelphia—1st mortgage.

Kansas City, St. Joseph d Council
1st mortgage, Council Bluffs & St
Kansas City, St. Jo. & C. Bl., mortgage
do
do
income bonds,
Kansas Pacific—Stock

_

500 &c

1871
1872
1874
1874
1876-8

INTEREST OR DIVIDENDS.

Amount

Value.

....

notice of auy error discovered In these

Outstanding

519
.

do

^

.

01

par

117

International 2d mortgage.
Houston & Gt. Northern 2d mortgage.
Funded coupon bonds
Iowa Falls d Sioux City—Stock
1st mortgage, April 1, ’69

do

„

71
71

Indianapolis d St Louis—1st mort., in 3 series.
2d mortgage
Equipment bonds
Indianapolis d Vincennes— 1st mortgage, guar.
2d mortgage, guaranteed
International & Great Northern—Consol, stock:.
International, 1st mortgage, gold

Size

Date
of
Bond e

\TUoa

xd

BOM DS.

RAILROAD STOCKS AND

28, 1870.

Leavenworth,

L

I

Lawrence

A

Galveston.—Sold la

and

foreclosure Aug. 9, 1878, for $760,000,
re ornaized as Kans. C. Lawrence & Southwestern. Kan¬
sas City & Santa Fe sold Feb. 1879.
Net earnings
in 1878 $'15 0'5; in 1877. $103 564.
(V. 26, p. Mk

420, 600; V. 27, p. 200;

V. 28, p. 42, 351, 401,

62S.1

BAILKOAD STOCKS AND

zxu

Subscribers will confer

a

BONDS

great favor by giving immediate notice of
any error discovered in these Tables*

DESCRIPTION.
Por explanation of column
headings, &c., see
at the head of first page or tables.

notes|

Miles

Date

of

of

registered

Consol, mort., gold, $ & £ (s. fd. 1 p.c.
v’ly) cp. A reg.
Easton A Amboy, 1st mortgage (for
$10*000,000)
Delano Land Company bonds, endorsed
Letcisburg Centre <£• Spruce Creek— 1st mortgage...
Little Miami—Stock, common
1st mortgage
Street connection bds (jointly with
Cin. A Iud.RR.)
Little Hock <£• Fort Smith—New stock
1st M., Idgr’t (750,000 acs) s.fuud (for
$3,000,000)
Little Schuylkill—Stock
1st mortgage, sinking fund, extended 1877

Logansp’l, Crawfordsv. & S. )V. of Ind.— 1st mort.,
Long Island—Stock

d•

g.

Capital stock
Funded debt

are

$7,101,218 $6,186,021
2,45i,926

3,842,750 3,162,822

$3,206,896 $3,937,3^6 $3,729,"94
27,228,920 27.228,855 27,2>rt.&55

...24,186.000 24,301,000 24,= 08,00)
460,208
686.813
6:15,813
Anthracite.
(V. 24, p. 110; V. 25, p. 283;
V. 26, p. 67, 340; V. 28, p. 95.)
LUtle Miami.—This company
leases the Columbus
A Xenia, and both are leased to
Pittsburg, Cincin¬
nati & St. Louis, guaranteed
by Penn. RK., lessees

debt
Floating
•

assuming interest payment on bond9 and 8 per cent
stock.
Net earnings, 1878, (L. M. & U. & X.)
§275.177. (V. 24, p. 420; V. 2 i, p. 378.)

oa

1,000
1,000
1,000

•

.

.

.

•

•

_

.

.

2,646,100
492,000

7

1,500,000

8 g.

.

1877

50
500 Ac.

1870

100 Ac.

392
392
130
83
20
77
77
39
43
26

355
355
19

38
....

72
33
44

188
L88
•

•

•

•

» •

•

•

....

.

_

.

....

500
500
500
500

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

1,000
1,000
1,000
...

1,000
1,000
£200
£200
100

1867
1869
1870
1872

1872
IS60-1
1870
1868
1871
1861
1863
1865
1870

....

22

50
500

....

*4*6

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

ioo
100

500 Ac
100

....

O

e,

©

1872
1878

ioo
1,000

25

1,000
1.000

250 Ac

....

284
284

425,000
217,300
1,166,700
150,000

13,000,000

3,000,000
4,000,000
300,000
1,125,000
750,000

1,243,400

1,000
1,000
-

....

1,480,000
1,000,000
3,620,120
3,903,300
1,100,000
496,500

750.000

....

1854
1867
1877
1877
1877

600,000

...

1,000

....

.

1,000
1,000

....

....

3*2

7
6
7

*7*

do

T. A J.
J. A J.
A. A O.

Q.-F.

do

Cincinnati.

Y., Bank of America.

Feb., 1897
J une, 1898
Sept., 1910

1898 & 1923

Jan., 1892

May 1, 1902
Jane 10,1879 ‘

May, 1883

Cincinnati.
Boston.

Philadelphia Office.

1894

July 1, 1895
Jan., 1879
Oct., 1882
Aug., 1900

do
N.

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

Y., Jones A Schuyler.
Company’s Office.
N.Y., St. Nicholas N.Bk.
do
do

1873
1890
1884

do
do

July, 1898

St*. NichoiasN.Bk.

N.Y.,

do

May, 1903

do

April,
Sept.,
Jan.,
Jan.,

Drexel, Morgan A Co.
N. Y., Bank of America.
do

do

1901
1901
1881
1897

1907

Louisville.
N. Y., Drexel, M. A Co.
do
do

Louisville.
do
New’ York.
N. YT., Drexel, M. A Co.
New York.

London, Baring Bros.
do

Feb.10, 1879
1880 A 1887
1886

Nov., 1880-’S5
Oct, 15, 1893
Mar. 1,1907

April, 1898
1883
Dec., 1901
Aug., 1902
(?)

Nov. 1,

do

Philadelphia.
J. N.Y.,M.K. Jesup,P.ACo.

7
7
7 g.
7
5

J.
J.
A.
J.

New York.
A .1. !N. York, Union Trust Co.
M. A N. Manchester and Boston.

Oct., 1890
Jail., 1902
May 1, 1879

7
6

A. & O. Bost., Nat. B’k Com’rce.
F. & A. Bust., N. Bk. Commerce
A. A O.
do
do
J. & J.
do
do
I. A J.
Portland.
J. & J. Bost., Nat. B’k Conrrce
A. A O.
Portland, Me.
A. A O. Bost., Nat. B’k Com’rce.
M. & N.
Belfast and Boston.

April 1, 1912

6
6
6
6

6 g.

7
7

A
A J.
A O. |

J.

A
&
A
&
A
&
&
&
A
A
J. &
J. &
M. &
F.
F.
M.
J.
A.
M.
J.
J.
M.

1,760,000
2,482,000
5,312,725
1,264,000
1,000,000
1,951,000

250,000
2,600,000
6,500,000
8,509,000
18,738,204
1,501,000
556,000

8

8
7
4

7
4
7
8
6

7
7 g.
10
4
2*0
6 g.

1^
8
8

V. 28, p. 41, 593.)

In 1877-8 gross
earnings
$5,607,598, and net $2,344,242; tuinlus above
interest, $684,391. Nashv. & Dec. is leased, and
-

liabilities for the S. & N. Ala. are assumed. Pur¬
chased Evansv. Uend. & Nashv.
.May, 1879. (V. 26,

142, 653; V.27, p. 68, 364, 462, 536; V. 28, p.
428, 477, 579. 600.)
p.

to Summit Branch Rail¬

$62,500 per annum. (V 25, p. 113.)
Macon db Augusta.—Leased and
operated by the
Georgia Railroad, which guarantees all the bonds

except $100,030 of first mortgage. Gross earnings,
1S77-8, $99,787; expenses, $104,6C7. To be fore¬
closed. (V. 26. p. 468; V. 27,
p. 252; V. 28, p. 579.)
Madison db Portage.—Controlled bv Chic. Mil. &
St. Paul. Gross
earnings, 1876, $31,-,896. (V.

26,

p.

lAttle Rock<& Fort Smith.—Foreclosed Dec.
10,1874.
Mahoning Coal.—This coal road runs from An¬
stock issued for old bonds. Land dover.
O., to Youngstown, O., and is leased to tne
grant about 1,000.000 acres. Land notes outstand¬ Lake Shore
& M. S. for 25 years fro a
May, 1873, at
ing, $885,201. Net receipts, 1877, $114,126.
40
(V. 25,
per cent of gross earnings.
p. 63; V. 26, p. 549; V. 2a, p. 401.)
Manchester db
LUtle Schuylkill. —Leased and
operated with
operated by Phila- the Concord RR.Lawrence.—Formerly
as one line.
Net earnings 1878-9,
«Ut>hia A Reading. Dividends, 7 per cent.
$100,411, against $100,458 in 1877-8. (V. 25, p. 39;
Logansport, Crawfordsville db S. W. of Ind.—De¬ V.27, p. 66; V. 28, p. 598.)
cree of sale made.
The total liabilities.
September
Manhattan Elevated—This company operates the
1875. reported at $4,097,000, of which
$322,000 were two elevated roads and guarantees 10
rooeiver’s certificates. (V.
per cent divi
22, p. 63; V. 23, p. 428; dends on their stocks. (V.
28, p. 553, 579.)
V. 28, p. 120.
Maine Centred.—The total
earnings for the year 1878

Be-organized and

Long Island.—Gross earnings, year ending Sept. were $1,440,661;
operating expenses. $84^,704; net
§0, 1878, $1,497,914; net earmngg, $497,8*5. This
company leased the Flushing North Shore «fc earnings, $599,956, aarainst $65J,695 in 1877. (V. 26,
p. 341; V. 28, p. 3*5.)




Philadelphia Office.

Q.-F.

were

459.)

J. A *J.
M. A N.

212

1^

Cincinnati <fe Lexington. — Sold in
foreclosure Oct. 1, ’77,for $731,032, to 2d mort. bond¬
holders, subject to above liens. New co. organized
with $2,100,000 6tock.
(V. 25, p. 16, 335, 35ti, 433,

Lykens Valley.—Leased

Reg. at office, cp.B’kN.A
Philadelphia, Office.

6
6
7
6
7
7
7 g.
7
6 g.

7
7
6
7
7

,

road at

July 15,1879

J. & D.
M. & S.
J. A D.

A N.
A O.
A S.
A J.
A J.
A O.
F. A A.
A. A O.
Various
M. A N.
A. A 0.
M. A S.
A. A 0.
M. A N.
J. A D.
F. A A.

Louisville,

Louisville <& Nashville.

Q.-J.

F. A A.
M. A N.
M. A N.

of Long Isiand, and af¬
terward went into Receiver’s hands
October, 1877.
(V. 25, p. 334, 432, 510; V. 26, p.
290, 392; V. 28, p.
17 221,453.)

;

Philadelphia, Office.

F. A A.

....

Central, and the Southern

533; V.27, p. 302

Stocks—Last
Dividend.

Q.-M.

2,500,000

....

50
109
292
181
272
292
133
133

1,000,000
7.070,000
2,000,000
3,500,000
2,304,720
600,000
400,000
370,000

Whom.

M. A N. N
Various

1,050,000

....

1869
....

77,000
333,000

300,000
2,450,000

©

....

5^
....

9,003,218
849,000
225,000

7
7
2
6
6

Payable, and by

Bonus—rnnoi

pal, When Due ’

do

1887
1879

do

1890 to 1891

Oct., 1900

July, 1898
July, 1901
July, 1891
April 1, 1883
Oct.

1, 1895

May 15, 1890

(?)

....

....

30

3,300,000
175,000
150,000
1,121,500
(?)
106,500
250,000
600,000
100,000
3,000,000
275,300

756,800
633,000

1869
1861
1861
1866
1870
1873
1866

.

7
1
6
7
6 g.

"l

1,000

1856
1863
1863
1877
1868
1873
1871
1872

$300,000
27,228,855
5,000,000

1,000

50

....

Rate per
When Where
Cent.
Payable

5,000,000
2,650,000

....

1860
1864
1868
1879
1873
1871
1871
1851
1867
1877

Outstanding

1,000

i

....

INTEREST OR DIVIDENDS.
Amount

6,000,000
13,508,000
Held by L.V.
1.697,000
1,545,000
4,636,000
1,491,000
525,000

1,00*0

1875

800

Lehigh Val.—This company’s earnings

income

•

.

4
10
19
65
175
175
737

sinking fund

chiefly
from anthracite coal. The
gross income from all
sources, in 1877-8, was $6,186,021; net $3,72 »,f 91.
The Co.’s report gives no
general balance shert,
nor the cost or value of its
miscellaneous invest¬
ments.
Of ihe E. & Amboy
mort., $5,(KK),OOU have
been issued to L. V.
Company. A comparative
statement for three years is as follows:
1875-6.
1876-7.
1877-8.
•Coal (tons) moved... 3,951.513 4.362.124
3,144616
Gross income
$7,049,646
Net

50

1878

coal road.

expenses..

$....

•

1853
1864

95

mortgage, consolidated

Operating

•

....

158

coupon

Lehigh db Lackawanna— Oj crated by Central ol

,

•

....

Metropolitan Elevated (N. Y. City)—Stock

*

1877
1872

....

Bonds ($1,100,000 loan) A. A. K. Rlt..
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds A Farmington Railroad loan
Audroscoggin Railroad, Bath City loan
Portland A Kennebec, 1st mort., extended
do
do
consolidated mortgage
Belfast & Moosehead, 1st mortgage
Manhattan Elevated—Stock
Bonds, convertible into stock
Mansfield <£ Framingham—1st mortgage
Marietta & Cincinnati— 1st
mortgage, dollar
1st mortgage, sterling
2d mortgage
3d mortgage
4th
mortgage
Scioto & Hocking Valley RR., 1st
mortgage......
Balt. Short Line, stock, 8 p. c.
guar by M. A C...
do
do
1st mort., guar, by M. & C
Cincinnati & Baltimore RR., stock
do
do
1st mortgage
Marquette, R. d5 O— 1st mort., I’d gr., M.Si O., coup.
New mortgage
Memphis <£ Charleston—stock
1st mortgage, Ala. & Miss. Div., convertible
2d mortgage
Consol. M.,g. ($1,400,0001st M. on 91 in. in
Teun.)
Memphis & Little Itk.—1st M. (paid $50,000 yearly)
General mort., land grant, (s. f. $10,000 after
’82)

a

60

•

158

2d mort., endorsed by Georgia Railroad
Madison cC- Portage— 1st mort., gold

New J ersey as

or
Par
Value.

1873

123
123
31
31
92

Memphis & Clarksville br., 1st mort., sterling—
Lykens Talley—Stock
Macon & Augusta—1st mortgage

1st mortgage, $ or £
Michigan Central— stock
1st mortgage, convertible,
1st mortgage, convertible

1868
1870

....

Consolidated 1st mortgage for $8,000,000
2d mortgage bonds, gold, coup
Memphis A Ohio, 1st mort., sterling, guar

1st

101
101
232

o

19

Louisville loan, main stem (no mortgage)
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Cecilian Branch, 1st mortgage

Manchester d- Lawrence—Stock
Maine Central—Stock

1867

196
81

Nashville— Stock

Mahoning Coal.—1stmortgage,

15
301

....

1st mortgage, extension
1st mortgage, Gleucove Br
1st mortgage, main
2d mort. for floating debt.. .i
Newtown A Flushing, guar
New York & Rockaway, guar
Bmithtown A Fort Jefferson
Louisv.Gin. <£Lex— Louisv. l’u(toLouisv.&Frankf.)
Louisville Cincinnati A Lexington, 1st mort
New mortgage, coupon, for $1,000,000

Louisville

Size,

Road. Bonds.

Lehigh <£- Lackawanna—1st mortgage
Lehigh Valley.—Stock, common and pref
1st mortgage, coupon and
2d mortgage, registered

[Vol. xxvnr

J. Boston, Bost. Nat. Bank.
A. Bait., R. Garret A Sons.
A.
London.
N. Balt., R. Garret & Sons.
J.
do
do
O.
do
do
N.
do
do
J.
do
do
D. Balt., Mercli. Nat. Bank
N.
do
do
J.
.do
do
D. N. Y., Company’s office.
S. New York, City Bank.

M. & N. N. Y.,R. T. Wilson & Co.
J. A J.
do
do
J. A J.
do
do
M. A N. N.Y.,
A
A
A
A

July .1, 1890

April, 1908 "
May 1, 1896
Jan., 1879
Dec.

1, 1904

May 1, 1879
Jan.

1, 1900

June 1, 1892
Mar. 1. 1908

May 1,1880
Jan. 1,1885

Jan. 1,1916

H.Talmadge ACo. Yearly—’79-’8 3

Jauu’ry
Q.-

J.
J.
A.
A.

July 1, 18^9
Aug. 1, 1891
Aug. 1, 1891
May 1, 1896

do

do

J. N.Y., Central Trust Co.
J. Grand Central, Office.
O. jN. Y., Union Trust Co.
O.
do
do

July, 1907
July, 1908

Aug. 1, 1879
Oct. 1,1882
Oct. 1,1882

Mansjlsld db Framingham.—Leased to Boston,
Clinton & Fitchburg, at 25 percent oi
gross earn¬
ings. Consolidation made June, 1875. '(V. 20, p,
615.)
Marietta db Cincinnati.—Capital stock is
$14,000,
000.
Gross earnings for 1876 latist
published)

$1,637,052;, net earnings, $345,181. Default
made in 1877 and a receiver was
appointed in
suit to foreclose the 4th
mortgage, which is nearly
all held by B ilt. & 0. R.R. Co. For
coupons over-i
due on each mortgage see V. 28.
p. 4 1. (V. 25, p.
308, 335,5(9; V. 26, p. 216, 3)2,496; V. 28, p. 401,452.)
were

wa«

Marquette, Houghton db Ontonagon.—Interest

in default aud

was

new bonds were
issued, as above, in
place of old. The stock is $2,306,600 common, and
$2,259,026 preferred. Gross earnings, 1"78, $566,452;

net,

$799,181.

Lands

amount to

425,000 acres,

chiefly timber aud miueral. (V. 28, p. 22*.)
Memphis & Charleston—This road was leased in
June, 1877, to theE Tenn. Va. & Ga. RR. Co. for net
tamings. See full account iu V. 26, p. 115. Of the
consol, mortgage $1,400,030 is secured by old
$1,736,906, assigned to a trus¬
tee, and enough is reserved to take up 1st and 2d
new

Tenn. State lien for

mortgages.
Net earnings year ending June 30,
1878, $307,030. (V 26, p.115; V. 28, p. 2*21.)
Memphis db Little Rock.—Sold April 28,1877, and

reorganized.

Gross earnings, 1877, $492,107; ex¬
reconstruction, Ac., $497,637. The land
grant is about 1,603,030 acres. Ihe general mortgage
penses,

pays 8 per cent after 1882.

Metropolitan (N. Y. Ciiy).—This is the elevated

road formerly known as the “Gilbert.” E
«rnmgs,
June 5, :8T8, to Jan. 1, 1879,
$63S,75y; net, $349,069.
(V. 27, p. 148, 627 ; V. *8, p. 42, 112, 253, 327, 526,

551, 579.)

Michigan Central.—The fiscal

December 31.
were

$6,872,094

income

over

LansiDg

year ends with
For the year 187» gross earnings
on main line and branches; net

interest, &c, $2.5G4,855.

The Jack-

Sag. debt is assumed by Mich.Cent.,.
which also pays $70,000 per year on the stock, oneeon,

Subscriber* will confer a

For explanation of column headings, &c., see
at the head of first page of tables.

note 3

Michigan Central—(Continued)—
Consolidated mortgage (for $10,000,000)
Michigan Air Line mortgage
Michigan Air Line 1st mort.,assumed by M. C...
Equipment bonds
Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort., guar
Grand River Valley, 1st nrnrt., guar. 5 _

"

do
do

endorsed

Milwaukee, Lake Shore A Western—1st m.,

\

may

j be r’g

gold

Schuylkill Haven—stock
Minneapolis A SL L.—1st M., Min. to Sioux C. June
1 st mortgage, Sioux City June, to Iowa liue

Mine Hill A

mortg., Minneapolis to White B. Lake, guar..
Mississippi A Tennessee—1st mortgage, series “A”.
1st mortgage, series “B,” (a second lieu)
Missouri, Kansas A Texas—stock
1st m., gold, sink, fund, on road and land (U.P.S.Br)
1st mortgage, gold (Tebo. & Neosho)
Consolidated mortgage, gold, on road and land...
1st

income, (for $10,000,000)

Booneville Bridge bonds, gold, guar
Hannibal & Central Missouri, 1st mortgage
Missouri Pacific—Stock
1st mortgage, gold—
.
2d mortgage (smking fund $50,000 per annum)..
Real estate (depot) bonds
Debt to St. Louis County (no bonds)
3d mortgage
Carondelet Branch, 1st mortgage
Mobile A Girard—2d mort., end. by Cent. Ga. RR..
3d mortg. bonds issued to Central R. R. Ga
Mobile A Montg.—Stock, (Authorized $3,022,517.).
Mobile A O/uo^-Stock
Convertible 8 per cent bonds

Special mortgage (Mississippi,
2d mortgage
New

Bondi3

39
39
84
84

mortgage (not guar

1st mortgage, sterling
Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage,

Road

118
118
116
•

•

•

236
126
127
140
27
93
15
100
100
786
182
100

786
786
....

70
299
283

283
•

•

•

•

....

299

1512
85
•

•

-

186

516
....

sterling

*21

Gainesville & Tex.)

....

mortgage

....

or

Par

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

1872
1869
....

1874
1870
1870
1866
1869

m. & 1st on Boonton Br. &c. (guar. D.L.&W.)
Consol, mort. (for $25,000,000) guar. D. L. & W..

Gen.

Special real estate mortgage

(gold)

.

—

.

340
75
30
122
122
122
54

44
15
13

Newcastle A Beaver Valley—Stock
New Haven A Derby—let & 2d mortgages

2,134,000

1,000

8
8
8
8
8
8
7

1877

1,000

750,000
3.969.600
455,000

1877
1877
1877

500 &c.

1,100,000

1,000
1,000
1,000

1,000,000
1,100,000

7 g.
7 g.
7 g.
8
8

2,433,000

*6*g.

50

1877

100

....

1,000
1,000
1,000

1868
1870

1871-3
1876
1873
1870

21,405,000/
14,752,000

1,000
1,000

1,000,000
800,000

100

800,000
7,000,000

800,000
700,000

....

1,000
1,000
1,000

1876
1873
1869
1877

4,500,000
250,000
300,000
800,000

....

100
100

2,794,800
5.320.600

1873

1,000

977,550

1853

£225
100 <fec.

5,643,000
1,517,300

£100&c

769,920

....

....

1871

1,000

1871

....

100 &c.

....

....

250
1864
500 &c.
1866
vari’us
1,000
1871
1,000
1871
1,000
1875
1,000
....

....

25

....

1871

....

....

....

1873
1877
1877

1,000
1,000

1,000

1,668,000
53,000

1,451,207
700,000

....

....

1,800,000

284,000
573,000

4,991,000
5,050,000
1,025,000
6,560,295
1,000,000
1,100,000
4,700,000
320,000
300,000
1,512,000

1870

1,000

1,837,000

1867

500
100

206,000
800,000
200,000

....

1873

....

100

....

i

....

1869

1,000
50
500 &c.

S8&70

2,000,000
1,836,000
1,300,000
800,000
605,000
525,000

50

....

500 &c.

(V. 28,

8'

Milwaukee, Lake Shore A Western.—Sold in fore¬
closure for $2,509,768, Dec. 10, 1875, anl purchased
by bondholders, who made this new first mortgage
for $750,000. Gross earnings 1876-7, *213,930; net,
$50,418. (V. 25, p. 308; V. 27, p. 252, 357.)
Mine Hill A Schuylkill Hav>rn.—Leased to Phila¬
delphia & Reading, May l£64, for 999 years; 7 per
cent dividends on stock.

Minneapolis A St. Louis.—This road was com¬
pleted in :877. The bonds of the $1,100,000 mort¬
.

numbered from 1.101 to 1,4 X), for *507 each,
($150,000 in all) are guaranteed by the Burl. C. R. &
Northern Railroad. The bonds on the 15 miles
were issued by the Minneapolis & Duluth RR.

gage.

Mississippi A Tennessee.—Gross eaminers 1877-8,
$378,780 ; net, $17t?,034, against $212,768 in 1876-7.
The debt is consolidated as above. Floating debt
Sept. 30. 1878, $106,730. an increase of $31,532. (V.
25, p. 154, 617; V. 26, p. 39; V. 23. p. 95.)

p.

A

Girard.—The

Central

7 g.

312
7
7
7
7
7
7

(under adjustment) is

The M. K. & T. bonds and U P. S.
Br. bonds draw 5 percent in 1S79-81, but coupons
on the consol, inort. are unpaid since Feb., 1878.
Land grant is about 4.565.142 acres. (V. 26, p. 365,
392. 470, 523, 543, 625. 653; V. 27, p. 426, 514, 603, 653;
T. 28, p. 14S, 173, 298.)
$776,398, gold.

112
4
6
7
6
6
3
7
6 g.
3
6 g5
7
5
7 g.

(V
7

Railroad

of adjustment (see

Jerri?.—Defaulted in 1873.

Sold




(V. 20, p. 358, 383; V. 21, p.

26, p.191; V. 28, p.

Nash., Chatt. A St.
$1,671,803; expenses,

451.)

L.—Gross earnings of 1877-8,

$1,070,270; net earnings, $801.

538. The following payments
tion to the operating expenses

were
:

-

^

Nov. 1.1890
July 1,1886
July 1,1879

Jan., 1879
May 1,1902-3
1902

July 1,1885
May 1,1890
Sept. 1,1891
Dee., 1901

N.Y.,Mereh. Exc. N.Bk.
June 1,1895
N. Y., S. S. Sands & Co.
Jan., 1879
Philadelphia, P.&R.Co.
N.Y., Continental N.Bk. Jan. 1, 1907
Feb. 1, 1927
do
do
Jan. 1, 1907
do
do
N. Y., Imp. & Trad. Bk. April 1, 1902
do
do
July 1,1902

& * J. N. Y., Union Trust
do
do
£ D.
do
do
Various
do
do
A. & O.
do
do
M. & N.
do
'
do
M. & N.

J.
J.

Jan.,

Co.

1904-1906

April 19.1911
May 1, 1906
May, 1890
Aug., 1888
July, 1891
May 1, 1892
Feb., 1885
1, 1893
Jan., 1889

Oct.

made in addi¬

1,1883
1,1883
1876 and ’83
Dec.
Nov.

A.

J.
J.
J.
J.
S.
J.
A.
M.
F.
J.

*&0.

1883
1901

1877-1882

1890

July 1,1879
May 1, 1914
Aug. 1, 1891
Jan. 1, 1900
Aug. 1, 1889
Oct., 1901

do
do
do
do

do
do
do
do

& J.

F. & A.
A. & O.
J. & D.

June

1,1915

i;*i878

Oct.
1881 and ’91

New York & Nashville.
N. Y., V. K. Stevenson.

& J.
& J. N. Y., V. K. 8tevenson.
New York.
& J.

July 1,1913
1. 1917
1, 1917
Dec., 1878
July 1,1900
Oct., 1887
May 1, 1879
Aug. 1, 1893
Jan.
Jan.

do
J.
D.
J. N. Y.,
M. & Co.
O. Nashville, Co.’s Office.
Boston & Nashua.
N.
Boston.
A.
& J.
Bridgeport, Conn.

&
&
&
&
&
&

4,1879

Feb.

New York.
& N. New York and London.
Mobile. v ^
<fc N.
London.
& N.
& J. New York and London.
Mobile.
it N.
do
March

J.

i.899

June, 1903

Q—M.

7

39, 592.)
Morris A Essex.—Leased in perpetuity to the
Missouri, Kansas A Texas— Latest report, V. 25.
Delaware, Lackawanna & Western. The lessees
p.298. Gross earnings 1878. $2,931,631; n°t, $471.- assume all liabilities and pay 7 per cent on stock.
958, against $1,045,664 in 1877 and $l,371,k83 in 1876.
Net earnings of the road in 1877-78, $782,328. (V.
Annual interest charge now

do
do
do

April 1,1883
Nov. 1, 1890

F. & A. New York, Co.’s Office.
do
do
M. & S.
Q-J. N. Y., Union Trust Co.
J. & J. N. Y., Del., Lack & W.
do
do
M. & N.
do
do
F. & A.

7

462, 539, 6.8, 652.)

Monticello A Port

do
do

Jan. 1,1890
1890

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

7

V.23, p.
451). Gross earnings year ending Aug. 1, 1878,
$2,098,540; net, over all expenses, $376,321. (Y. 26,
p. 166, 256, 344, 496, 653; Y. 27, p. 33 U, 487.)
Montclair A Greenwood Lake—Re-organization of
old Montclair road sold in foreclosure. Road sold
again Oct. 12 1878.
(V. 28, p. 67. 60J, 625. 653; V.
27, p. 16, 68, 95, 172, 192, 228, 252, 303, 357, 383, 435,
July 7, 1875.

&

'

May 1,1902

Trust Co

af.
M.
M.
J.
M.

327.)
Mobile A Ohio— Plan

&
&
&
&

N. Y., Union
do
do
do
do
do
do
do
do

6 g.
8
6 g.
7 g.
8
8

of
Georgia endorses these bonds, and holds the 4 per
cent mortgage bonds for advances made.
(Y. 23,
p. 549; Y. 24, p. 542; V. 27, p. 434.)
Mobile A Montgomery.—Sold in foreclosure. No¬
vember. 1874, and stock issued to old bondholders.
Old mortgage debt vet out. $275,000. Gross eam’gs,
1875. $689,183; net, $258,390. (V. 26, p. 418; Y. 28,
Mobile

.

....

Missouri Pac'fic.—Gross earnings in 1877, 53,934,of J. L. & S.
442;
operating expenses, $2,321,355; net $1,660,086.
Interest, was Reorganized
after the sale of the road under 3d
bonds, not guar¬ mortgage,
6, 1376, for $3,000,000. Default was
anteed, Nov., 1875. D. & B C. net earnings in 1878 made on Sept.
Carondelet Branch bonds, October 1,
were 304,995.
(V. 26, p. 417, 5 4,653; V. 27, p
1877, and compromise bonds at 50 per cent were
645; V.28,p. 473, 59'J.)
offered January, 1878. (Y. 26, p. 41; Y. 27, p. 68;
Milwaukee & Northern.—Two coupons were paid Y. 23, p. 18.)

in July,

N
J
N
O
N
N
J
8
J
N
N
J
N
S
D
D
J.
J.
D.
N.
O.
J.

Dividend.

Whom.

V. & A. N. Y., Company’s Office.
do
do
J. & J.
do
do
M. & N.
8
St. Louis.
7
Aiont’ly
M. & N. N. Y., Company’s Office.
7
New York.
6 g. A. & O.
J. & J. N. Y., Nat. City Bank.5
8
4
N. Y., Drexel, M. & Co.
212

third of which it owns; the proceeds
lands go to pay bonds. (V. 26, p. 519.)
passed on the Detroit & Bay City

in stock, but cash payment was resumed
1876. It is leased to Wisconsin Central.
p. 453.)

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

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

-

Slocks—Last

Payable, and bjr

7

....

....

1877

7g.

Where

When

Payabh3

~6~ g.

2,600,000

500 &c.

....

7 g.
7 g.
6
7 g.

349,000
6,068,600

1,000
1,000

1868
1871
1872

3^2

280,000

500 &c.

....

1612

Nesquehoning Valley—Stock
!
Newark, Somerset A Straitsv., 0.—1st mortgage

50 <fcc

15,000,000
5,000,000
3,000,000

57
133

Nebraska—Consol, mort., ,guar

613,000
1,943,000

50

....

Naugatuck—Stock

1,000

500,000

34
137

2 *2

1,094,000

1,000

....

mortgage

1,000
1,000

8
8
8
8

500,000
491,200
424,000
1,906,000

1870

.

coup*
Bonds of N. C.& St. L., 1st mort. on two branches
do
do
1st mort. on Tenn. &Pac
Nashville A Decatur—Stock, guar’d 6 p. c. by L. & N.
1st mort. guar. s. f

.

7
8
8
8

1,000,000

23
137

....

Bonds endorsed by Tenn
New 1st mort. (for $6,800,000)

..

-

Cent.

200,000
556,000
640,000
70,000

100 &c.
100 &c.

345

Nashville. Chattanooga A St. Louis—stock
Bonds to U. S. government, 2d mort

1872
1872
1865
1870
1871
1870
1875

Rate pei

$8,000,000
1,900,000

1875

84
84

Copxertible bonds
Construction bonds

Amount

Outstanding
Value.

40

2d mortgage

Nashua A Lowell—Stock
Bonds for freight depot

.

....

Montclair A G. Lake.—1st mort. ($700,000)
2d mort. (issued for old firsts)
Monticello A Pori Jervis—1st mortgage
Morris A Essex—stock
1st mortgage, sinking fund
;

2d

Size,

of

100

do
1st mort. (N. of Win.), couv.
do Cons. m. on whole line (300m.)
Milwaukee A Northern—1st mortgage

2d mortgage,

Date

10

M.C.) —
Jackson, Lansing & Saginaw 1st mort....' coup
do

do

Miles
of

284
103

2d mort., guar
stock, guar

City 1st mortgage,

Detroit & Bay

discovered In these Tables.
Bonds—Princi

INTEREST OR DIVIDENDS.

DESCRIPTION.

do
do

giving Immediate notice of any error

great favor by

xxiil

STOCKS AND BONDS

RAILROAD

1879. J

June 28,

..........

Drexei,

Jan.15,1879
1, 1896
Philadelphia, Co.’s office Mar. 1, 1879
Nov. 1, 1889
N. Y., Union Trust Co.
July, 1879
Newcastle,
Penn.
Q-J.
1898 to 1900
Various N. Haven, E.S. Scranton

A. & O.
M. & S.
VI. & N.

Oct.

Boston.

$452,400

Interest on bonded debt for the year
Interest on floating debt and exchange
Taxes
Two dividends of
Cost of steel over
Cost of extra ties

\% per cent, each
iron nils
used in laying 32

steel rail, 600 to mile extra
Cost of iron bridges
..
25 Nashv. & N. W. bonds, due
Minor items

14.887

23,534
miles

July, 1878...

131,505
32,297

5,100

30,611
25,000
25,412

$740,746

Total....
The debt to United States

and bonds endorsed

by Tennessee are secured l>v deposit
bonds. (Y. 25, p. £23; V. 27'. p. 146,

of 1st mcr*,.
275; V. 28, p.

554.)

May 4, 1871, to
thirty years, lease
guaranteeing interest on bonds, ana 6 per cent
Nashville A Decatur.- Leased

Louisville & Nashville Co. for

on stock.
Nashua A Lowell.—Net
Notes out are $225,000.

yearly

receipts in 1877-3,

$96,759*

(V. 24, p. 564; V. 26, p*.

624.)

Naugatuck.— Net earnings 1877-8,
25, p. 616; V. 27, p.

5660

$197,170. (V,

Nebraska.—Formerly Midland Pacific.
The old
these gnar. by the

bonds were to be exchanged for
Bur. & Mo. in Neb., to which the
leased. See Y. 25, p. 335, 641.

Nebraska road is

Nesquehoning Valley—Leased to

the Lehigh Coal
of 10 per cent

& Navigation Co. at a yearly rental
dividend on the capital stock.

Newark Somerset A Straitsv.—Leased to Sandusky
Mansfield & Newark. Guaranteed by Balt. & Ohio.
New Castle A Beaver Valley.—Leased to Pitts¬
burgh, Fort Wayne & Chicago, and lease transfjrred
to Penn. Company. In 1878 paid 24 per cent divi¬
dends.

New Haven A Derby—Net earnings 1876-7, $46,47?.
New Haven city guarantees the $225,000 2d m. bonds^

RAILROAD

XXIV
Subscribers will confer

a

STOCKS AND

BONDS.

great favor by giving immediate notice of any error discovered In
these Tables.

DESCRIPTION.
Miles Date Size, or
For explanation of column headings, Ac., see notes
of
of
Par
at the head of first page of tables.
Road. Bonds. Value.
New Haven d

Norfhamp. (canal RR.)—Stock
Mortgage bonds, coupon

100
92

Bonds

convertible, tax free, coupon
Holyoke A W.,leased, 1st M. <$60,000 6s, ’98 guar.)
N. J. Midland—1st rnort., g’ld, guar, by N.Y.A0
2d mortgage, currency
New Jersey <6 New York— 1st mort. (for $1,500,000)
N. J. Southei'ii—1st mortgage
Neio London Northern—Stock
1st mortgage bonds..
'

2d
mortgage
N. O. d Mobile.—1st mortgage
N. Y. City d Northern—1st
mortgage
N. Y. d Canada—1st M., sterling, guar. D.A H. Can.
New York Central d Hudson River—Stock
Premium bonds
(N. Y. Central)
Bonds, B. A N. F. stockholders
do
Bonds railroad stock
do
Bonds real estate
do
Renewal bonds
2d mortgage, sinking fund (Hudson River)
Now mortem
<rp
jxew
mortgage

5 $30,000,000 \ coupon or regis-

^

£2.000,000 5

tered.

if. Y. City Elevated— Stock
1st

mortgage, $

or

Neio York d Harlem—Common stock

Sinking fund

*1*6
80
80
37

140

1871
1878
1874

500 Ac.
£100Ac
500 Ac.
500 Ac.

1,000
1,000
1,000

840
840

1873
1873

1*000

15
132

1876

1,000

(for $12,000,000)

2.32

1872
1861

1,000

Long Dock Co. mortgage

1st consolidated mortgage, gold
do
do
funded coupon bonds
N. Y. L. E. & W., new mort.,
gold, 1st lieu
do
do
do 2d consol
do
do
do
do fund. coup,
do
income bonds (noil-cumulative),
if. F. d New England (Host., Hart/, d Erie)—Stock
1st mortgages, old

459

.

1st mortgage, new
New York, New Haven, d Hartford—Stock

139
86

139

1,000
500 Ac.

1847
1849
1853
1857
1858
1861
1863
1870
1878
1878
1878
1878
1879
1864
1876

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

1,000
1,000
500 Ac.

1,000
500 Ac.
500 Ac.

1;000

141

Harlem A Portckester, 1st mortgage guaranteed,
if. F. d Oswego Midland—1st mortgage, gold
N Y., Proo. d Boston— (Stonington)—Stock..
Extension mortgage
First mortgage
North Carolina—Stock, common
Preferred stock
common

Pref. stock (8 per cent) exchangeable for 2d mort.
1st mortgage, new
new.

North Pennsylvania—Stock, guar
1st mortgage

121*
334
62
12
50

100

1873
1869
I860
1869

223
223
223
102
102
102
102

67-’68

1869
1869

56
56

General mortgage bonds
Northern Central—Stock..
1st mortgage, State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon.
Consolidated mortgage, gold, coupon
do
do
do
registered
Consol, mortgage, gold, s. fund, coup., $ or £—
2d general mort., “A,” coupon
do
“ B,” coupon, convertible

100 Ac.
100

58

2d mortgage.

Northern, N. H—Stock
Northern of Arte Jersey—Stock
1st mortgage, extended
Northern Pacific—New preferred stock
New land grant bonds

50
50

100
100

Buffalo Branch Bonds

mortgage,

100

1854

mortgage, convertible (extended to 1879)
3d mortgage
4th mortgage, convertible
5th mortgage, convertible

2d

1,000

1,000
1853
1854
1853

1,000
1,000
100
100
500
50
50
500
500
50
500 Ac.
500 Ac.
’

*

*50

317
138
138
138
138
138
138
138
138

500 Ac
1855
1865
500 Ac.
1868
1,000
1868
1,000
’74-’75
1,000
1876
1,000
1876
1,000
82*2
100
21
21

1878

550

100
1879

885,000
260,000

916,000
2,120,000
1,500,000

1872

Rate per

$2,460,000
1,296,000

1,000
1,000

1865

112

Outstanding

3,000,000

100

1,500,000

New Haven.
Oct., 1873
A J.
do
Jan., 1899
A O.
do
April ’80 A ’82
A 0.
do
April 1,’91 A’98
A A.
N. Y., Co.’8 Office.
1895
A A.
do
do
1881
A S. New York and London. March 1,1893
A N.
In default.
Nov. 1. 1889
New London, Office.
Q.-J.
April 1, 1879
A. A O. N. Y., B’k of N. America
Sept., 1885
J. A D.
do
do
July, 1892
J. A J. New York, Co.’s Office.
Jan. 1, 1915
M. A N.
New York.
May. 1908
M. A N.
London
May 1.1904
Baring
Bros.
Q.-J- N.Y., Gr. Central Depot. July 15. 1879
M. A N.
do
do
May 1,1883
M. A N.
do
do
May 1,1883
M. A N.
do
do
May 1,1883
M. A N.
do
do
May 1,1883
J. A D.
do
do
Dec. 15, 1887
J. A D.
do
do
June, 1885
J. A J.
do
do
Jan. 1, 1903
J A J.
London.
Jan. 1. 1903

6
7
or

7 g.
7
6 g2
6
6
6
6
6
7
7
6 g.

*7*
7
7
7
7
7
7
7
7
6
6
5
6

•

gg.
ggg.
g.

*7*
7
4

6 A 7
7 go

6
7
3
3
8

4*
-

8
8

1*2
6
7
7
3
6
6
6
6 g6 g.
6 g.
5
6

205,000

4,473,000
3,000,000
1,000,000
3,068,400
1,000,000
400,000
43,011,267

2,000,000

1875-6
1874-5.

2%

28,046,588
*9,027,218
bl .690,386




J.
J.
N.
J.

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

N.
N. Y., Co.’s office.
S.
do
do
S.
do
do
O.
do
do
D.
do
do
J.
do
do
D.
uo
do
S. New York and London.
S.
do
do
N.
do
do
D.
do
do
D.
do
do
D.
do
do

New York.
N.Y., Gr. Central Depot.
do
do
do
do
do
do

J.

M. A S.
J. A J.
J. A J.

July 10, 1879
1, 1906
July 1, 1879
Jan.

July 1, 1879
May, 1900
Jan.

1, 1881

May 1. 1897
Sept. 1, 1879
Mar. 1, 1883
Oct. 1, 1880
June 1, 1888
July 1, 1891
Jan. 1893
Sept. 1, 1920
Sept. 1, 1920
Dec. 1, 1908
Dec. 1, 1969
Dec. 1, 1969
June 1, 1977
,

Boston.

1884

do

Jan., 1905

N.Y., Grand Cen. Depot.

July 1, 1879
1903

J.

A

J.

In default.

July 1,
Q.-J. N. Y., M. Morgan’s Sons. May 10,
M. A N.
do
do
May 1,
J. A J.
do
do
July 1,
M. A S. Company Shops, N. C.
Mar. 15,
M. A S.
M. A N.

do

do
do

do

1894
1879
1880
1899
1879

Mar. 15, 1879

Nov., 1888

M. A N.
M. A S.
M. A 8.

Charleston.

Q-F.

Philadelphia Office.

J.

do

A J.

do
do
do

M. A N.
j: A J.
M. A N.

Q.—J.

J.

A J- J.

J.

6

*6*

N. Y. db N. England.—Formerly Bost. Hartf. & E.
Conveyed to the new company in July. 1875. Net

1.

1885

May 1, 1899

do

Annapolis.
Baltimore, 1st Nat.

A
A
A
A
A
A
A
A

Sept. 1, 1899
Sept. 1, 1899
Aug., 1879
Jan.

do

1903

Baltimore A Philadel.

J.
A.
J.
A.
J.
J.
J.
J.

O.
J.
O.
J.
J.
J.
D.

do

April 1, 1876
Irredeemable.

Bk.

do
do
do
London A Baltimore.
Baltimore, 1st Nat. Bk.
do
do

Boston, Office.

2*2

11,922,417 40,401,263 97,822,811 earnings. 1877-8.
(V. 27, p. 304, 358* 409,
11,765,111 40,003,667 96,355,774 649
J V. S8, p., 353, ,28.)
1873-4.
13,262,189 88,484,7T2 92,506,508
New York New Haven <& Hartford.—Net income
(V 9u n
V 27. r 857. *52 6*7.)
over int. and all charges, 1877-8. #1.554,489.
(V. 25,p.
Y,
Jf.
City Elevated,—to Manhattan El. 649; V.
26, p. 290; V. 27, p. 537; V. 28, p. 40.)
.

M.
M.
M.
A.
J.
J.
J.
M.
31.
M.
J.
J.
J.

A
A
A
A
A

’

1.930.500
1,500,000

2,599,000

Q.-J.

6 g. J.
4
J.
4
J.
7
M.
7
J.

or

4,527,150

5,842,000
1,500,000
1,490,000
1,126,000

•

2h
7

Whom.

J.
A.
A.
F.
F.
M.
M.

m

4,000,000
80,428,300
6,632,900
74,500
592,000
162,000
2,391,000

2.569.500

Stocks—Last
Dividend.

3
7
6
6 A 7
7 g.
7
7 g7

1,800,000

1,794,000
18,465,000
9,733,333
6,500,000
8,500,000
7,500,000
1,550,000
10,500,000
107,704
77,107,700
8,146,700
2,483,000
2,174,000
4,852,000
2,937,000
709.500
182,600
3,000,000
16,533,714
3,718,100
(?)
25,000,000
8,597,000
508,000
5,941,000
928,000
4,383,000
15,500,000
2,000,000
8,000,000
3,000,000
50,000
1,000,000
3,000,000
1,000,000
210,000
899,350
88,000
820,000
234,000

Where Payable, and by

Payable

300,000
387.500

4,000,000 8

When

pal, When Due.

Cent.

New Haven & Northampton.—Gross earnings, RR., with
guaranty of 10 per cent yearly on stock.
1877-8, $5)8,199; operating expenses,
(V. Bonds are payable after 1897 at 105. General state¬
26, p. 17; V. 28, p. 40, 401.)
ment V. 27, p. 280.
(V. 26, p. 653; V. 27, p. 2 80,
New Jersey Midland.—Defaulted after tne panic of
400, 462; V. 28, p. 302. 526, 2 5t, 579.)
1873 and the bondholders funded coupons, but de¬
New York & Harlem. —Leased to N. Y. Central
fault was again made, and receiver appointed.
Net at 8 percent per annum
(payable J. & J.) on stock,
earnings 18 8, $J22.4f6. (V. 26, p. 142, i90; V. 27, and interest on bonds. The
Fourth avenue horse
p. 652; V. 23, p. 326, 554.)
railroad and real estate was retained, and extra div¬
New Jersey <k Neio York.—Consolidation of the idends are made from
profits of this line. (V. 28,
Hackensack & N. Y. and Hackensack Extension.
p. 18.)
The old bonds are about $360,000.
Hackensack
if. F. Lake Erie & WestfErie).—Foreclosure of the
branch sold May, 1878. (V. 24, p. 136, 158, 249, *99, Erie
Railway took place April 24, 1878, und^r the
321: V. 25, p. 255.)
second consolidated
mortgage.
The stocks and
New Jersey southern.—Soldi in foreclosure March bonds above are
not all issued
yet, but are
31, for $752,iOJ, to bondholders. (V. 28, p. 146, 173, given as under the
re-orgauization when per¬
352.)
fected. The 1st consol, mortgage is ex
cjupon of
New London Northern.—Operated under lease till
Sept.. 1879. The funded coupon bonds are secured
1891 by Vermont Central for $150,000 a year. Net
by lien of consol, mortg. On the 2dcon-ol., first
earnings of road in 1677-8, $170,431. (V. 27, p. 537.) coupon is payable June, 1880.
The 2d funded
New Orleans, Mobile & Texas.—The Western Dicoupon are 5 per cents
eion was sold Nov. 18, 1874, and the East. Div. is 6. On the 2d and 2d till June, 1883, and after that
funded coupon no forecloture
>«p2rated by the mort. trustees. Int. in default since can take place till six coupons
are in default.
In
1872. Gross earnings. Ifc77, $130,010; net, $390,655; fiscal
year
1878, net income appli
and less extraordinary expenses, $158,41:0. (V. 26. cable to ending Sept. 3
interest was $3,907,345.
The interest
p. 34 1,397, 575.)
chargee each fiscal year will be: lb78-'», $2,050,081;
if. F. Citu db Northern.—A re-organization of
1879-80, $3,587,878; 18*0-81. #4.229,678, and about
V. Y & Boston. (V. 27, p. 172.)
this sum afteiward.
The following comparison is
New York db Canada.—The bonds are guaranteed for the fiscal
years ending Sept. 30:
by the Delaware & Hudson Canal Co. (V. 25, r.
Gross
Net
Interest.
615; V. 27, p 6<‘2.)
Earnings.
Income.
Rentals, Ac.
New York Central <ft Hudson River —The mort¬ 1877-8
$55,644,980
$5,718 927
$5,093,496
gage loan for $40,< 00,000 was to retire prior debt, 1876-7.
14,7«»8,K89
4,636.717
5,937.801
an<l the balance for third and fourth track, Ac.
1875-6.
15,852,461
4.308,f63
5,538.194
The Harlem RR. was leased April, 1873. The follow¬ 1874-.1
4,698.615
16,876,858
6,351,781
ing is a comparison of earnings, &c., for five years: (V.27,p. 40 173,200, 28 >,SP3, 358
383, 409, 514,539, 62°,
Gross
Net
Funded Cost of r’d 649,678; V.
28, p. 17, 67, 302, t52, 401, 477, 579,
Receipts. Receipts.
& equip’t. 690.)
Debt.

1877-8. $29,910,555 $12,774,578 $49,433,283 $99,894,095
1876-7. 26,579,085 11,632,924 40,835,415 99,142,408

Bonds—Princl

INTEREST OR DIVIDENDS.
Amount

100 Ac.
100 .fee.

100
100 Ac.
500 &c.

2d

Mortgage bonds
Northeastern (S. C.)—Stock,

1870
1870
1871
1873
1869

$100
1,000
1,000
1,000

78
100
100

if. Y. Lake Erie d West— Stock, com., assented
Preferred stock, assented
1st mortgage (extended in 1867 to 1897)

-

1869

100

£

Preferred stock
Consol, mort., coup, or reg.,

[VOL. XXVIII.

City, Hudson Co. B’k.

July, 1885

April, 1900
July, 1900
July, 1900
July 1, 1904
Jan. 1, 1926
Jan. 1, 1926
June 2, 1879
In 1878

July, 1888

*
....

New

York &

pending.

Oswego Midland.—Foreclosure sale
Receivers’ certificates have been issued

to amount of

#1.352 55\ Settlement is m progress,
and a plan has been agreed to as
reported in V. 28,
; p. 42.
(V. 26, p. 290; V. 27, p. 383, 436, 462, 487, 539,
6

02, 652; V. 23.

p.

18, 42, 277, 302, 580, 625.)

New York, Providence db Boston.— Annual
report
for fiscal year ending Sept. 1. 1878, showed net earn¬

ings $393,115, against #358,9C7 in 1876-7. (V. 25, p.
591; V. 27, p. 383, 626.)
North Carolina.—Leased September, 1871, to Rich¬

mond & Danville Railroad at $260,000 per annum.
Dividends of 6 p. c. are paid on stock, of which the
State of No. Car. holds $3,000,000.
(V. 27, p. 406.
650.)

Northeastern, S. C.— Gross earnings in 1877-8,
(V. 25, p. 617; V. 27, p.

*36^,344; net, $162,500.
650.)

North

Pennsylvania— Leased

for 990 years.

(o Ph»la. &

Reading

(See terms, V. 28 p. 625.) Lessees
pay int. and6p. c. on stock, 1879-sl; 7 p. c. 183l-3;
and 8 p. c. afterwards. N.t
receipts 18< 7-8, $573,06!.
(V. 28, p. 503, 625.)
Northern Central.—The annnal report for 1878
shows gross

earn’gs, $3,7*3,156;

net, $1,118,959.

expenses.

$2/04,497;

The total net income in 1278 was
$1,510,48 *, of which $1,485,585 was paid for interest
and rentals, leaving a balance of $24,8 <7. Und< r
the
general mortgage of 1S7S, $1,000,000 more maybe

issued,

as senes “C.” (V.2^, p. 314; V. 28,p 220.)
Northern. N. Hampshire.—Net income fiscal year
1878-9 was $107,3:2. (V. 26, p. 546; V. 23.
p 552.)
Northern of N. Jersey.— Operated
by Erie at 35
per c nt of gross warnings
Gross earnings in 1877
were $233,438; in 1878
$234,719. Bonds due in 1878
were paid or extended at b
per cent interest. (V.

26, p. 600.)

Sorthem Pacific.—Sold in foreclosure Aug.12,1878,
and pref. stock issued to bondholders till June 30,
1879, at the rate of $1,400 for each $1,000 bond.
This stock is exchangeable for land at its par value.
Common stock issued is $13/
55,500. (\ . 26. p. 18.

415, 519; V. 27, p. 178. 200, 332, 365, 514, 628, 653;
V. 28, p. 87, 146, 20'J, 554.)

June 28,

RAILROAD

1879.J

STOCKS

AND

BONDS.

Sabieribero will confer a great favor by giving immediate notice of any error
DESCRIPTION.

For explanation of column headings, &c., see
at the head of first page of tables.

notes

Norwich d Worcester—Stock
New bonds, coupon
Preferred stock

—

Sinking fund bonds
Mortgage bonds for $600,000 (sinking fund)
Chio d Mississippi—Stock, common
Preferred stock (7 p. c. yearly, cumulative)
Income and funded debt bonds—
1st consolidated mort. ($3,478,000 are s. f.)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage
Debenture sinking fund bonds (for $1,000,000)...

Spring. Div. (Sp.&Ill. SE.) IstM. (for $3,000,000).
Cld Colony—Stock

Bonds
Bonds
Bonds
Bonds
Bonds
Bonds
Omaha d Norihw.—Land gr. gold bds (for

INTEREST OR DIVIDENDS.
Miles Date Size, or
Amount
of
Rate per When Where Payable, and
of
Par
Whom.
Cent.
Road. Bonds. Value. Outstanding
Payable
66
122

Ogdensburg d Lake Champlain—Stock

1877

118
393
393
148
393
393
393

228
269

-

Oregon d California—1st mortgage

40
200

Os

281a

joego d Rome—1st mortgage guaranteed

bonds
Oswego d Syracuse—Stock, 9 per cent guar
Mortgage bonds
Consol, mortgage (guar. D. L. & W.)

1870
1877

35
35

Paducah d Elizabethtown—1st mortgage

186

2d mortgage, income
Panama—Stock
General mortgage, sterling, (£1,000,000)
Paris d Danville.—1st mortgage, gold, sinking fund
Paris d Decatur, (Ills.)—1st mort., g’d, sink, f’d

Pekin, Lincoln d Decatur—1st mortgage....

Pennsylvania—Stock
1st mortgage

186
47
47
103
75
67
1669
355
-

Gen. M., Pb. to Pitts., coup., J. & J.; reg., A. & O.
State lien (pay'ble in annual inst’lm’ts of $460,000)
Consol. M., coup. J. & D., & reg. Q.—M. (a. f. 1 p. c.)
Navy Yard bonds, reg
Car Trust bonds (sinking fund. 10 per cent)

1862
1868
1868
1871
1873
1874

1875
1876
1877
1871
1870
1865

58&64
1876
1877
1877

£200

500,000
1,100,000

1,700,000
(?)

1,000

10,950,000
1,000
1,000
1,000
1,000

i;ooo
£200

1870

50

1,000

1875

mortgage
Pennsylvania d New York—1st mort., guar
1st mortgage, guaranteed
Peoria d Bureau Valley—Stock
Peoria, Pekin d Jacksonville— 1st mortgage
2d mortgage

105
46

-.

(sink, fund)

(payable $25,000 yearly)

2d mortgage..
Philadelphia d Balt. Central—1st mort. (Pa)
2d mortgage (Pa.)
1st mortgage (Md.)
Philadelphia d Eric—Stock, common

„

Preferred, stock
1st mort., Sunbury& E. (extended 20 years in
1st mortgage ($3,000,000 are sterling)
2d mortgage
2d mort., gold (for $20,000,000), guar by Pa.
Philadelphia d Reading—Stock, common
Preferred stock

‘*39

1877
1877
1873
1873
1866
1866

83
83
38
38
82
82
82
36
36
10

R...

Mortgage loans inconvertible
Loan mortgage, convertible
do
do
sterling

do
do
do
Loan mortgage, sterling. (Extended in 1877.)...
Loan debenture
Loan mortgage
Consolidated mort., dollar loan, coupon or reg
do
do
gold, $ or £, coup
do
dollar loan, gold, coup, or reg
do

Norwich
Worcester— Leased February, 1S69, to
Boston, Hartford & Erie for 100 years at 10 per cent
per annum on cost. Dividends paid of 10 per cent
per annum.
Gross earnings in 1877-8, $666,883; net

(Y. 27, p. 537; Y. 28, p. 200.)
Ogdensburg & Lake Champlain.—Leased in March,
1870, to Vermont Central, but lease failed and prop¬
erty reverted to owners April, 1S77. Net earnings
1378-0, $123,604, against $241,938 in 1877-78. (V. 27,
p. 14, 200, 333; V. 28, p. 277. 528.)
Ohio & Mississippi.—There are also $97,000 of old
1st mortgage 7s, W. Div., yet out. The company
purchased the Springfield Road, March, 1875, for
$2,000,000 in bonds secured on that road. Nov. 17,
1876, receivers were appointed. Report in V. 28, p.
215, showing net earnings of $891,467 in 1378,
against $578,123 in 1877. Interest or, 1st mortgage
is paid some months after it comes due.
(V.
27, p. 42,143, 173, 281, 304, 381,417, 462, 487, 514, 539,
628; V. 28, p. 120, 148, 200, 253, ,27 5, 323. 401, 423,
income, $-276,567.

526, 554, 580.)
Old Colony.—Net

income over operating ex¬
penses and interest, $405,428 in 1877-8. against
$407,485 in 187H-7. Leased the Boston Clinton &
Fitchb. Dec., 1878. (V. 25, p. 482; V. 27, p. 537.)
Omaha <fe Northwest.—Road was sold in fore¬
closure Oct. 24, 1873. (V. 27, p. 42, 462, 514; V. 28,

40
287
287

287

779
779
779
779
779
779
779
779
779

8
7
3
7 g.
7
7 g.

7
2

4,970,000

6

4,337,823

5
6
6

29^145,000
i;ooo,ooo
8'000;000

i;ooo

1,500,000

1^200,000

500 &e.

1,000,000
1,000,009

1,000

799,600
1,12$, 000
1,324,200

100

1,000

1857
1861
1868
1869

400,000
300,000
6,053,700

100 &c.
50
50

2^400,000

976,000
5,000,000
3,000,000

1,000
1,000

liOOO

1,000

8;eso;ooo

50
50

32,726.375
1,551,800

1,510,500

1843-9
1,000
1857
1,000
1836
£100
£500
1843
1867
1,000
100 &c.
1868
1868
1871
1871
1871

1,000
1,000
1,000

79,000
182,400
967,200
134,400
1,135,300
2,700,000

10,649,000

i;ooo

6.999,000
968,000

8
7
7
6
®

6 & 6 g.
7
6 g.
2^

3^
6
6

5 g.
6
7

6
7
7
6 g.
6 g.

pauies owned by Penn. Railroad wa3 $65,670,510.
A scheme to buy up the company’s guaranteed
securities with $100,000 per month from earnings,
and issue a 4 per cent scrip to stockholders for the
cash so used, was adopted by stockholders on March
26, 1878, bat not carried .out till November, 1878,
when it was started at $50,000 per month. The
following is a statement for three years on all lines
east of Pittsburgh:
Net

Earnings.
Earnings.
$31,636,734
$11,483,550
p. 18.)
31,117,146
10,134,417
Oregon <k California-r-After default in 1873 com¬
35,891,060
12,834,385
promise made with bondholders. Gross earnings (V. 26, p. 18, 95, 166, 217, 23 8, 265, 277, 315, 420,
1878, $648,118; net, $237,665. (V. 26, p. 386; V. 27, 519; V. 27, p. 42, 97, 200, 304, 332, 384, 437, 487, 514,
p. 358, 437.)
567, 678 ; V. 28, p. 97, 224, 249, 32S, 42-?, 526.)
Pennsylvania Company.—The Pennsylvania Com¬
Oswego <fc Rome—Operated by the Rome, Watertown & Ogdensburg at 8 per cent on $300,000 stock, pany is a corporation distinct from the Penn. Rail¬
and interest on first mortgage bonds.
road, and operates all the leased lines west of Pitts¬
Oswego <& Syracuse.—LeaseAto Del. Lack. & West, burg. The stock is owned by the Penn. Railroad.
In 1878 the net income over rentals, interest, &c.,
for interest on bonds and 9 per cent on stock.
Paducah <fe Elizabethtown. —This road organized was $1,251,516 and advances to railroads charged off
after sale of Louisvi.le Paducah & 3. W.; has bonds $473,044, leaving $778,471 profit. The rcg.stered
outstanding as above. Net earnings 1878-9, $45,807. bonds are secured by deposit of $4,003,000 or Pitts.
Fort Wayne & Chic, special stock. (Y. 25, p. 261;
(Y. 26, p. 573; V. 23. p. 4C2. 623.)
Panama.—Gross earnings, ls73, $2,114,839; net, V. 28, p.530.)




...

F.
A.
J.
J.
F.
J.
A.
A.
J.
J.
r.

1881
Oct. 1,1880
March 1, 1894
June 1,1895
Sept. 1, 1896
Aug. 1, 1897

Jan., 1901

April 1, 1890
May, 1915
Feb., 1891
Feb., 1879
1880 & 1885
1907

Feb. 1,1897
Feb. 1,1897
May 1, 1879
1884, '89 & 97
Jan. 1, 1903

July 1, 1892
Feb., 1900

May 29, 1879
Jan., 1880
1910

Annually.
June 15,1905
1881

•

Office.
Philadelphia.

do
—J
& A.
Philadelphia, Office.
do
do
& O.
& D. Phila., B’k N. America.
do
do
<fc D.
& A. N. Y., Chic., R. I. & Pac.
& J. N. Y., Imp. & Trad. B’k.
do
do
& O.

Oct., 1873
Demand.

July 5,1907
July 1,1903
July 1,1903
June 1, 1896
June, 1906
Feb., 1879

July 1, 1894

Oct. 1, 1900
& 0.
Phila., 227 S. 4th at.
Apr. 1, 1887
do
do
Juno 1, 1913
& D.
& J.
Jan., 1872
& j. N.Y., Lancaster, B.&Co. Jan , 1879-'98
do
do
1902
j. &-j.
Jan., 1879
Philadelphia, Office.
do
do
j. & j.
Jan., 1900
do
do
j. & j.
Oct., 1891
....

,

4
7

659 after paying all charges an<12 per cent dividend.
The total cost of stocks and bonds of oth-r com

.

•

1875
April. 1, 1882
Jan. 1, 1893
Jan. 1, 1898
April, 1911
May 1, 1883
Nov. 1, 1905
July 1, 1878

.

Sinking fund, $731,945. (V. 26, p. 217»
341, 625, 653; V. 28, p. 3 7 6, 402, 580.)
Paris & Danville.—Of these bonds, $450,000 were
given for coal mines at Danville, which are covered
(1,230 acres) by the mortgage. Sold in foreclosure
June 19, 1879. (Y. 26, p. 592; V. 27, p. 358, 437, 629,
653; Y. 23, p. 97, 121,625.)
Paris & Decatur.—Consolidation. Now Illinois
Midland. (V. 19, p. 351; V. 21, p. 613.)
Pekin Lincoln & Decatur.—Leased to Toledo,
Wabash k Western. Sold m foreclosure June 10,
1876, and reorganized. In 1876-7 net earnings were
$54,142. (V. 23, p. 100 ; V. 26, p. 290.)
Pennsylvania.—The report for 1878 is given in Y. 23,
p. 249, and shows surplus net income of $2,943,-

1878
1877
1876..

•

Philadelphia, Office.

Mar. 1,

....

$1,079,626.

Gross

•

J.

■

8

800.000

100 &c.
100 &e.

do
do
do
do
do
do

....

s3 *•

soojooo
300^000
1859
1869
1866

do

-

due Nov.. '77
Boston, Office.

coup,

A. & O. Pittsburgh, Co.'s

3
6
6
7
7
7
7
4
7
7
6

1,500^000

1,000

York, Office.

S.
D.
S.
A.
N. Y., Kountze Bros.
J.
Frankfort 0. M.
<& O.
& N. N.Y.,Fanners' L.&T.Co.
do
do
& A.
& A. N. Y.,Del.,L. & W. RR.
do
do
& N.
do
do
& S.
F. & A. N.Y., Treasurer’s Office.
do
do
April.
New York, Office.
Q.—J.
London.
A. & O.
New York, Office.
J. <fc J.
J. & J. New York and London.
F. & A. N. Y., T. W. & W. RR.
M. & N.
Philadelphia, Office.
do
do
J. & J.

g-

Stocks—Last
Dividend.

....

7,000,000
3,200,000
1,083,000
519,000

1,000
1,000

New
do

&
<fe
&
&
&

J. &

t>

3,000,000
3,000,000

.

New York, Offioe.
do
do
do
do
London.

S.
O.
J.
J.
0.
N.

Q.-J. Philadelphia & London.
A. & 0.
Philadelphia.
Q.-M. Philadelphia & London.

6

19;999;760

100

287

’77).

7
7

1,200^000
i;o7e;ooo
68;870i200

100

1864
1870
1867
1873

124,000
338,000
216,000
1,200,000
7,000,000
3,877,808
2,500,000

1,3201400

50
500 <fcc.

'

7
7

M.
J.
M.
F.
J.
A.
M.
F.
F.
M.
M.

by

•

&
&
&
&
A. &
M. &

J. & J.
Various
A. & O.

7*30 g.
7 g.

350,000
200,000

•

M.
A.
J.
J.

1st

6
3
7
6
7
6
6
6

1,692,000

•

•

-

7

140,000
1,915,000
6,733,800
390,000
150,000

1,000

•

7

3,864;000

100
500 &c.

-

3 «2
7
7
6 g.

174,000
6,545,850
112,000

1,000
1,000
1,000

1,000
1,000

1877

♦

Bond 8—Princi¬

pal, When Due.

Jan. 8, 1879
J. New England Trust Co.
S. Boston, N. E. Trust Co. March 1, 1897
J.
Boston, Office.
July 10,1876
do
0.
Apr. 1,1878
do
S.
Mar., 1890
do
1897
J.

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

5
6
2
4
8
6

4',030;000

1,000
1,000

1,C00
'500
1,000

1873

39
105

2d

1st mort. bonds

1,000

1867
1873
1872
1871

Preferred stock

Petersburg—\Stock

100
100

50
50

Judgment bonds (held by Pennsylvania RR.) —
Reg. bonds, secured by P. Ft.W.& C. special stock
Pennsylvania d Delaware—1st mortgage

Perkiomen—1st mortgage
Consol, mort., gold, guar. P. & R.,

400,000
3,077,000
2,000,000
392,000
538,000
20,000,000

100

Pennsylvania Co.—Common stock

*

$2,604,400

100
100

1866

Income mortgage

$100
1,000

•

122

1871
1860
1874

$640,000)

discovered in these Tables.

& j. Philadelphia, Pa. RR.
do
do
Oct. 1, 1897
& O.
& O. Phila., Pa. Life & T. Co. March 31,1881
do
do
& J.
July 1, 1888
& J. Philadelphia & London.
July, 1920
Jan. 25,1876
Q.-J. Philadelphia, Office.
do
do
July 25,1876
Q.-J.
do
do
J. & J,
July, 1880
do
do
J. & J.
July, 1886
London.
J. & J.
July, 1880
do
J. & J.
July, 1880
do
T. & J.
July 1, 1882
J. & J.
July 1, 1893
Philadelphia, Office.
do
do
Oct, 1, 1893
A. & O.
do
do
J. & U.
June, 1911
J. & D. Philadelphia & London.
June, 1911
J. & D.
Juno, 1911
Philadelphia, Office.
j.
A.
A.
J.
J.

Pennsylvania & Delaware.—The lease of this road
in 1874.

to the Pennsylvania Railroad was ratified
To be sold in foreclosure Aug. 12, 1879.

Pennsylvania & New Yoi'k.—Operated in close
Lehigh Valley. Net earnings
1875 6, $608,109. Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock Is
connection with the

$1,061,700.

(V. 24, p. 110.)

Peoria & Bureau Valley.—Leased perpetually to

Chicago, Rock Island & Pacific at $125,000 per year.
Peoria Pekin & Jacksonville.—May,

1879, con¬

purchased in Wabash interest.
ceiver appointed April, 1878. (V. 28, p. 554.)
trol of bonds

Re¬

Perkiomen.—Leased to Philadelphia & Reading.
paid one-ha in 8crjp 0f p.
’

Int. on consol, mortg.,
& R. Company.

-..j

—

Petersburg.—Receiver appointed, May, 1877.

(V.

26, p. 41, 528, 653.)

Philadelphia & Baltimore Central.—Operated for
time past in Pennsylvania by trustees of first
mortgage bondholders. Net earnings 1S78, $86,840.
Phil., Wil. & JBalt. largely interested. (V. 23, p.
some

526.)

Philadelphia & Erie.—Leased February, 1662, for

999 years to Penn. Railroad, but without any guar¬
antee of bonds. Gross earnings, 1878, $2,921,060;
ne»; earnings, $876,111.
Net deficit after paying

(Y. 26, p, 166, 241; Y. 28,
252.)
Philadelphia <fc Reading.—The report for 1877r8, ia
given at length in V. 28, p. 66. The trustees of
t he general mortgage hold the mortgage of the
Coal & Iron Company.
In March, 1877, propo¬
made
sitions were
and accepted, by which
holders of general mortgage bonds and Perkio¬
men
guaranteed bonds receive one-half their
coupons, for three years, in five-year 6 per cent
scrip; and holders of convertible and debenture
bonds take 6 per cent scrip in payment of their
coipons for five years. The scrip is convertible
interest, &c., $453,056.
p.

IIAILKOAD

XXVI

STOCKS

AND

BONDS.

[Vol. xxvm.

Subscribers will confer a great favor by giving Immediate notice of any error
DESCRIPTION.
Por explanation of column headings, &c., see
at the head of first page of tables.

Miles Date
ol
of
Road. Bonds

notes

INTEREST OR

Size, or
Par
Value.

Amount

Outstanding

Philadelphia A Reading—(Continued '•—
1873
$1,000 $10,499,900
1873
1,000
9,364,000
750
1874
1,000
19,686,000
1876
1,000
2,046,000
10 &c.
1877
3,475,897
90 &c.
1877
1,805,000
1872-4
1,000
13,036,500
1872
1,731,000
26
100
1,259,100
34
50
2,231,900
112
50
11,561,250
95
500
1858
265,000
1867
1,000
1,000,000
1872-4
1,000
700,000
1875
1,000
800,000
149
1868
4,000,000
1,000
10
1859
100 &c.
326,600
149
1876
£200
6,500,000

Debenture loan (convertible 1876-92), coup
Improvem’t mort., $ or £, siuk’g fund, coup
Gen. mort., $ aud £ (sink, fund 1 p. c. yearly) —
Income mortgage (for $10,000,000)
Debenture and guar, bonds, 6 per cent eur’ey scrip
Gen. mort. and Perkiomen 6 per cent ster’g scrip
Coal & Iron Co., guar. moqt. (for $30,000,000). ..
do
debentures, guaranteed
Philadelphia A Trenton—Stock.

....

745
....

....

....

Plain bonds,
do
do

®

loan
do
do

200
200
117
33

2d mortgage
1st mortgage, Steubenville & Ind., reorganized...
Col. & Newark Division bonds

468
468
468
468

Pittsburg,
Ft. Wayne A Chicago—Stock, guar
fivuinial inmrnvpinont, fttnP.lf. mifl/ra/ntPP.d
1st mortgage (series A)
do
1st
do
B
do
C
1st
do
1st
do
do
D
do
1st
do
E
jjOIlUf!)
dll
Cull"
do
1st
do
F
pon, uui may
2d
do
do
G
uc made paj a*
do
2d
do
H
uic to oruer.
do
2d
do
I
2d
do
K
do
2d
do
do
L
do
do
M
2d
3d
do
■Pittsburg. Ft. Wayne & Chic, construction bonds.

468

468
468
468
468
468
468
468
468
468
468
....

Equipment bonds (renewed)..

•

Pittsburg A Lake Erie—1st mort lt. (for $2,000,000).
PUtsb. Titusville A Buff.—1st mort. (W. & F.RR.)..,.
1st mortgage (Oil Creek RR.)
1st mortgage (Un. <fe Titusville RR.)

• •

•

m m m •

50
38
25

/Pitts. T. Ar. T5.1

120
30

Funding income bonds (P. T. & B.)

PUtsb.. Ya. A Charleston—1st mortgage, gold
Portland A Oadensb.—1st mort., E. D., gold
New mortgage (for $3,300,000)
1st mortgage. Vermont Div., gold
Fort*. A Rochester 1st mort., s. [. (Port!, loan) “A”.
1st mortgage, equal lieu
2d
do
(Portland loan) sinking fund, “B”.
Portland. Saco A Portsmouth—Stock
1st mortgage, gold
Pori Koval CS. C.)—1st mortgage, convertible, gold.
Portsmouth. Gt. Falls A Conway--Stock
Binds (not mort.) guaranteed by Eastern RR

©

1868
1873
1864

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

1864

100
1871
1862
1862
1862
1862
1862
1862

1862
1862
1862
1862
1863
1862

1862
1857
1874
.

.

.

100
500 &c.
500 &c.
500 &c.
500 <fcc.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.

1,000
1,000

.

1865
1862
1870
1876
1876

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

1,000

....

1870
1871
1871
80
52*2 1867-9
52*2 1870
52 *2 1871
52
52
1876

....

....

....

111%
71
71
67
44

bonds

....

97

Raleigh A Gaston—1 st. moitgago,

Reading A Columbiar-lst mortgage, coupon
2d mortgage, coupon
Reading A Lehigh—1st mortgage (Berks Co. RR.)..
Rensselaer A Saratoga—Stock...
1st mortgage, consolidated (for $2,000,000)

39
39
41
181
79

Riehmon d 'A Dannille—Stock

199

State sinking fund loan
Bonds, guaranteed by State...
3d mortgage, consolidated, coupon or registered.
New general mort., gold (for $6,000,000)
Piedmont branch, 1st mortgage
Northwestern, N. C., 1st mort., guar..
Rich’d. ircdcricksburg A Potomac—Bonds, ster
Dollar loan

....

100 &c.
500 &c.
500 &c.
500 &c.
100
....

1869
....

1877
....

1870

1,000
100
500 Ac.
100

1,000

1877
1873

....

1862

100 &c.

1864

1,000

....

....

i‘6
....

142
49
29
• • • •

.

Philadelphia A Trenton.—Leased to Pennsylvania

Railroad with United New Jersey companies at 10
per cent on stock.

Philadelphia, Germantown A Morristown.—Leased
Philadelphia & Heading at 12 per

for 999 years to
cent on stock.

Ptolade'phia, Wilmington A Baltimore.—'Set earn¬
ings, year ending Oct. 31, 187®, $1,095,103, leaving a
surplus income of $38,112 above payment pf all
charges and 8 per cent dividends. (V. 26, p. 191;
V. 28. p. 67.)
c

Pittsburg A GonneUsville.—On Jan. 1, 1876, a trans¬
fer was made by City of Ba'timore to Baltimore &
Ohio Railroad for $1,000,000, and the consolidated
mortgage made for £2,200,000, and guaranteed by
R. & O.
Gross earnings 1876-7, $1,388,434; net

$406,418.

2*5

....

$3,717,161 $4,391,217 $4,220,2i7

(V. 24, p. 135.)

Pittsburg, Cincinnati A St. Louis.—This company
itself controlled by the
Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $2,508,000; 1st pref.,

leases several roads and is

650;000

100

4,000,000

100

508,486
111,700

....

....

1867
1874

1,000
....

1,767,500
1,728,000
500,000

500;000

1873
•

....

•

mm

New mortgage

(V. 26. p. 65, 84. Ifc6, 217, 316, 3^3, 445. 496, 575,
653: V. -7, p. 122, 22^, 332. 437, 540, 669; V. 23, p.
66,113, 328, 428, 527, 580, 625.)

315^933

1,583,000
800,000
1,577,960
2,300,000
700,000
350,000
450,000
1,500,000
500,000
2,500,000
770,000
486,000
2,000,000
500,000
650,000
658,000

1,000

Coupon bonds of 1881

Net earnings

1,500,000
580,000
500,000
1,155,000

....

Richmond A Petersburg—Stock.
1st mortgage, coupon
into income mortgage bonds. (See V. 24, p. 299.)
Bonds due 185-0 will be extended 30 years, on pay¬
ment of 10 per cent premium
A compariton of sta¬
tistics for three years is as follows:
1875-6.
1876-7.
1977-78.
Gross earnings.. . $12,227,511 $-12,149,910 $11,539,593
Op. expenses
8,510,350 7,751,691 7,319,366

<*>

350,000
1,500,000
7,000,000
1,925,000

....

1871

6,222,000
2,500,000
3,000,000
775,000
19,714,285
6,329,300
875,000
875,000
875,000
875,000
875,000
875,000
860,000
860,000
860,000
860,000
860,000
860,000
2,000,000
100,000
1,000,000

....

90

Providence A Worcester—Stock..
First mortgage
New bonds

®

®

(

PUtsb. A Connellsville.—1st mortgage
1st
do
Turtle Creek division
Consol, mort., guar. B. & O. (s.f. £7,200 pr. yr.)..
Pitts.. C. A St. L.—1st in., cons, (for $10,000,000)

Vanr irmrftracrfi

....

....

Philadelphia, Germantown A Norristown—Stock—
Philadelphia, Wilmington A Baltimore—Stock
1st mortgage, convertible

1870
1875

•

67,778
299,917
450,000

•

mm

100

1,008,600

1,000

175,000
31,000

....

Rate per

When

Cent.

Payablf

7
6
6 g.
7
6
6
7
7

7
7
7
7
7
7
7
7
7

8
....

7
7
7
7
7
7 g.
6 g.
6 g.
6 g6
7
6
3
6 g.
7 g.

3

'4*2
2*e
6
6
7
7

7
....

4
7

6
6
6
6 g.

-

J. & J.
Philadelphia, Office.
A. & O. Philadelphia or London
J. & J. London & Philadelphia.
J. & D.
Philadelphia, Office.
J. & J.
do
do
J. & J. London & Philadelphia.
do
Various
do
M. & 8.
Philadelphia, Office.

Stocks— Last

Dividend.
1, 1893
1, 1897
July 1. 1908
Dec. 1, 1896
July, 1882
July, 1882
1892 to ’94
Jan.
Oct.

1892

J.
J.
F.
M.

&
&
&
&

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

&

&
&
&

&
&
.

do
do
do
do
do
do
do
do

D.
J.
A.
8.
O.
N.
D.
O.
J.
8.

do
do
do
do
do
do
do
do
do
do

do
do

July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
Jan. 1, 1887
Mch. 1, 1884

...

F. & A.
A. & O.
J. & J.
F. & A.
F. & A.
A. & O.

.

do
do
do
do

Feb. 1, 1896
Apr. 1, 1882
July 1, 1890
Feb. 1, 1896
Feb. 1, 1896

Philadelphia.

April 1, 1902

Philadelphia, Office.
do

do
do
do

J. & J. Boston, First Nat. Bank
Jan., 1900
do
M. & N.
do
Nov., 1901
M. & N. New York and Boston.
May, 1891
J. & J. Boston, Columbian B’k. July 1, 1887
A. & O.
do
do
Oct. 1, 1887
do
Various
do
Sept. 1, 1891
J. & J.
Jau. 10,1879
Boston, Office.
do
do
M. <fc N. New York and London. Nov. 1, 1889
J. & J. Boat., Eastern RR. Co. July 15, 1873
do
J. & D.
do
Dec. 1, 1937
J. & J.
Jau. 1, 1870
Providence, Office.
J. & J.
do
do
July 1, 1880
do
do
1897
....

....

....

M. & 8. N. Y., Union Nat. Bank.
J. & D. Columbia, First Nat.B’k

Jan., 1898
Mch. 1, 1882

June, 1884
Nov., 1902
J. & J. N. Y., Nat. B’k Com’rce. Jan. 2, 1879
M & N. N.Y., Del.&H.CanalCo.
Nov., 1921
....

J & J.
J. <& J.
M A N.

Richmond, Office.
do

N. Y..

City Nat. Bank.

1880
Jan. 1,1875
1878 to ’90

do

do
8
1888
670 A. & 0. New York or Richmond
London.
6
1*875
S' J. <fe J.
Various
1875
6 & 7
Richmond, Office.
do
J. & J.
1881-90
8
2
J. & J.
Jan. 6, 1879
Richmond, Office.
A. & 0.
do
do
1880 to ’86
8
do
do
M. & N.
7
May 1. 1915

leased

Pittsburg A Labe Erie.—The capital is $2,000,-

000. The Lake Shore & Michigan Southern Co.
subscribed for $200,000 of it. (V. 28, p. 113, 147.)

Pittsburg Titusville A Buffalo.—This was the Oil
Sold in foreclosure
Defaulted August,
1878, on consol, bonds. Net earnings 1873, $184,562.
(V. 27, p. 137; V. 28, p. 18, 277.)

Creek & Allegheny River road.
and re-organized Dec. 29, 1875.

Pittsburg Virginia A Charleston.—Road leased in
Of these bonds the Pennsyl¬
$500,000. Net earnings, 1877,
$34,640? 1878, $50,298. (V. 28, p. 113.)
1379 to Penna. R.R.
vania Railroad owns

Portland A Ogdensburg.—'The two divisions were
consolidated March, 1875, as one company.
In

March, 1876,

Company passed the interest on
proposals were offered. Re¬
ceiver
appointed October, 1877, and foreclosure suit
is pending. Report of committee and plan of re¬
organization, V. 26, p. 575. (V. 26, p. 41, 84, 94,
575; V. 27, p. 540; V. 28, p. 144, 200.)
its boDds, and funding

*$2,929,200; 2d pref., $3,000,000. Gross earnings in
1818 of road proper $3,176,370: net, $1,166,763; sur¬
plus over interest, &c,. $371,383. Loss on leased
Portland A Rochester—Interest in default, and
lines, &c.. $511,141; net deficit, $139,757. (V. 26, p.
receiver appointed in January, 1877.
The report
200,445, 496, 623: V. 27, p. 97, 200, 304, 409, 567, 629, for
13 mos. to Sept. 30, 1878, shows gross earnings,
653; V. 28, p. 376.)
*148,15*: expenses, $118,816. (V. 25, p.333; V.
PitHburg, Port Wayne A Chicago.—This road' 28, p. 419 625.)




Where Payable, and by
Whom.

Bonds—Princi¬

pal, When Due.

July 10, 1879
Philadelphia, Office.
Q.-J.
3
Q.—M. Phila., Treasurer of Co. June 3, 1879
4
J. & J. Philadelphia & Boston. July 1, 1879
6
J. & J.
do
do
July, 1884
6
A. & O.
do
do
April, 1887
6
A. & O. Phil’delphia, Co.’s Office Oct. 1, 1892
6
A. & 0.
do
do
April 1, 1900
7
J. & J. Balt., Balt. & Ohio RR.
July, 1898
6
F. & A. Pittsb., First Nat. Bank Aug. 1,1882
6g. J. & J. London, J.S.Morgan&Co Jan. 1,1926
7
F. <fc A. Pliila., Pa. RR. Office.
Aug. 1, 1900
7
A. & O.
do
do
April 1, 1913
6
May, 1884
M’nthly N. Y. Agent, 57 B’way.
7
J. & J. Pliila., Pa. RR. Office.
Jan., 1890
1%
Q.—J. N. Y., Winslow, L. & Co. April 2, 1879
do
do
1%
Q.—J.
April 2, 1879
7
do
J. & J.
do
July 1, 1912
7
F. & A.
do
do
July 1, 1912
7
M. & 8.
do
do
July 1, 1912
A. & O.
7
do
do
July 1, 1912
7
M. & N.
do
do
July 1, 1912

vauia

!

DIVIDENDS.

2*fl

July, 1869, for 999 years, to PennsylRailroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $19,714,286
stock, which was increased at that time from
$11,500,000. The lease was transferred subsequently
to the Pennsylvania Company. The lessees to keep
the road in repair, and also pay -taxes, expenses,
etc. Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Com¬
pany.
Special Impr. stock issued to Penn.
Railroad for improvements, &c., is under article 16
of lease. Net earnings, 187S, $3,689,196; profit to
lessee, $728,593. Sinking fund for b^nds amonnts to
$2,565,583. (V. 26, p. 523; V. 23, p. 377, 598.)
was

discovered In these Tables*

....

.

_

.

.

Portland, Saco A Portsmouth—Leased March 18,
1871, to Rastem Mass. Railroad for 99 years at 10
per cent per annum; modified Dec.. 1875. to 6 per
cent for two years. (V. 24, p. 445, 5*2; V. 28, p. 580.)
Pert Royal.—The Georgia Railroad guarantees
$500,000 of these bonds; sale in foreclosure was
made June 6, 1878, to Union Trust Co. for $500,000.
(V. 25, p. 90; V. 26, p. 95, 496, 654; V. 28, p. 555.)
Portsmouth, Great Palls A Conway.—Opened in
1872, and leased to Eastern Railroad, Massachu¬
New 4)4 per cent bonds for $1,000,000
setts.
authorized, and new contract of lease. (V. 27, p.
15, 97, 115, 228.)
Providence A Worcester.—Net earnings year end*
ing September 30, 1878, $279,835; noies payable,
$668,241. Mortgage bonds for $2,000,000 authorized
(V. 25, p. 476; V. 26, p. 94; V. 27, p. 537.)
Raleigh A Gaston.—Net earnings 18? 7-8, $107,185,

against $85,749 in 1876-7.

(V. 27, p. 94.)

Reading A Columbia.—This road is operated and

controlled by the Philadelphia & Reading Railroad.
Floating debt, $1,093,494.
Reading A Lehigh.—This was the Berks County
road; sold out, and leased to Philadelphia &
Reading, March, 1875, for 99 years. To be sold
again Sept. 23, 1879. (V. 26, p. 266; V. 28, p. 600.)
Rensselaer A Saratoga.—Leased Mav 1, 1871, to
Delaware & Hudson Canal Company, which pays in¬
terest on bonds and 8 per cent on stock. (V. 25, p.
615; V. 27, p. 602.)
Richmond A Danville.—Gross earnings 1877-8,
$942,385; net, $310,947. This company leases the
North Carolina Railroad and the Piedmont Railroad,
and controls the Char. Col. & Aug. (V. 26, p. 115;
V. 27,p. 409, 650.) *
Richmond, Fredericksburg A Potomac. — Gross
earnings 1877-78, $314,272; net earnings, $154,098.
(V. *7,"p. 68, 85, 566.)
Richmond- A Petersburg.—Qross earnings year
ending Sept. 30, 1877, $137,116; net, $47,271. (V. 22,
p. 15; V. 24, p. 62.)

•

June 2$,

KAILROAD STOCKS AND BONDS.

1879.]

Subscribers will confer

a

great favor by giving Immediate notice of any error discovered in these Tables.

DESCRIPTION.

Miles

Date

For explanation of column headings, &c., see notes
of
of
at tlie head of first page of tables.
Road. Bonds
Rochester d Slate Line.—1st mortgage

Rome, Watertown d Ogdensburg—Stock
1st sinking fund mort., Wat. & R
General mortgage, sinking fund
2d mortgage
Consol, mort., convert, till July, ’79, coup

Rutland—Stock,

109
409

1878

97
190

1855
1861
1872
1874

190
300
120
120
120
120
120

common

Preferred stock

Equipment mortgage bonds

•

do
do
General mortgage (8 per cent, now 6)
New mortgage in exchange for equipment bonds
St. Joseph d Western— 1st M. St. Joseph & Pacific..
Kansas & Nebraska, 1st mortgage
St. Louis, Alton d Terre Haute—Stock
Preferred stock (7 per cent yearly, cumulative)..
►»*»
1st mortgage (series A) sinking fund..'
a
1st mortgage (series B) sinking fund..
'“'d ©
2d mortgage, preferred (series C)
r>»+a 2
2d mortgage, preferred (series D)
2d mortgage, income
§

115
115
207

-

o
Equipment mortgage
St. Louis, Iron Mountain & Southern—Stock
1st mortgage, coupon

•

.

•

•

....

Sip'S

•

^

1870
1870
1872
1878
1876
1876
....

1864
1864
1864
1864

686
210
210
100
72
300

gold, coupon, may be registered.
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. & Texas, 1st mort., gold, coup or reg.
Cairo A Fulton, 1st lr ort., gold, on road and land
1st pref. income bonds, reg., (cumulative)
2d pref. income bonds, reg., (cumulative)
St\ L. Kansas City d A.—Stock ($12,000,000 is prf.)
1st mortgage (North Missouri)

525
354
354

Real estate and railway 2d mort
: 1st A 2d mort. on St. Charles Bridge, coup, or reg.
1st mort., Omaha Div., gold, sink, f., coup, or reg.
St. L.d S.Francisco.—1 st M. (So. Pac.), g., (I’d grant)
2d mortgage bonds, A
do
do
B, gold
’

146
293

C, gold

Land debentures
Si. Louis d Southeastern—1st M., gold, conv. s. fund
Consolidated mortgage, gold, sinking fund
Evansville Henderson & Nashville, 1st mort
St. Louis Yandalia d Terre Haute—1st M. s. f. guar
2d mort., sink, fund ($1,600,000 guar.)
St. Paul d Duluth— Preferred 7 per cent stock
Common stock
St. Paul d Pacific—First Division—
1st M., 10 miles, St. P. to St. Anthony
2d M., and 1st, St. Paul to Watab. ($700,000)
<
3d M., land gr’t, St. P. to Watab. ($1,200,000)
u
.Consol, land gr’t
($2,800,000)
do
1st M., St. Anthony to 150 miles west
©
2d M.,& 1st 1. g., St. A. to 150m.W.($3,000,000)
a
r-H
3d M., 1. gr. on 150m. W. of St. A. & 1st M. on
a
60m. more with 1. gr. ($6,000,000)
<3
4th M., St. P. to Breckenridge, 2d on I’d gr.,
a
150m. ($3,000,000)
St. Paul d Pacific—1st mortgage bonds
St. Paul d Sioux C.—Pref. stock, (Div. on $475,000)
Common stock
Saginaw Valley d St. Louis.—1st mortg., coup

210
420
98

158
158
156
156

or

Par

Outstanding

$1,000

$2,180,000

100
100 Ac.
500 &c.

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

Rate per

When

Cent.

Payable

7
3
7
7

3,147,600
424,200
1,021,500
1,000,000
4,250,000
2,479,700
4,168,700
500,000
500,000
1,212,000

7
7

7
8
6
5
7
7

1,000
500 Ac.

i,100,000

1,000
1,000

1,400,000
1,400,000
1,700,000

2
7
7
7
7
7

1,000

300,000

10

100

21,202,661
4,000,000
5,927,000
2,500,GOO
1,450,000
8,000,000
4,103,297
4,089,000
24,000,000

7
7
7
7
7
7
6

500 &c.

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

1872
1870
1879
1879

....

1,000
100

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

Ac.
Ac.
Ac.
Ac.

1,000
500 &c.

1,000
1,000
1,000

A J.

J.
M.
J.
J.
A.

A

*

J.

J.

7
7
7 g.
7 g.
6 g.
6

3,000,000
1,388,500
2,350,000
7,194,500

Q

Stocks—Last
Dividend.

July 1,1902

Y., Farm. I.. A T. Co. July 15,1875
do
do
do
do

-

do
do
do
do

Sept. 1,1880
Dee. 1, 1891
Jan.

1,1892
July 1, 1904

B

•

0

do
do
do

•

•

do

do
do

New York.

19—
19—
«

•

J. N.
O.
A.
N.
N.
S.

•

Feb. 1,1878
1894
1894
1894
1894
1894
1880

Y., Office 12 Wall st.
do
do
do
do
do

•

2,1875
May 1,1880
Sept. 1, 1880
Nov. 1,1902
Feb.

Boston, Treasurer.

,

A
A
A
A
A
A

A.
F.
M.
M.
M.

g.

„

pal, When Doe.

New York.

A A.
A N.
A S.
A N.
A A.
A J.
A J.

F.
M.
M.
M.
F.
J.

g.
g.
g.

Where Payable, and by
Whom.

J. N.
A S.
A D.
A J.
A O.

m

G^OOO^OOO

293,200
2,476,000
2,295,000
350,000
3,250,000
5,145,000
1,000,000
1,899,000
2,600,000
5,550,000
1,630,848

J.

m

3kjs

1,900,000
1,900,000
2,300,000
2,468,400
1,100,000

1870

1865
1874
1878
1879
18GS
1876
1876
1876
1874
69-71
1872
1867
1867
1868

Amount

Value.

1867
1872

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Size,

100

1864

2d mortgage,

do

•

.

■

3®^

do

xxvii

do
do
do
do
do

F. A A. N.Y.,Office 20 Nassau st
M. A N. New York or London.
J. A D. New York, Co.’s Office.
J. A D.
do
do
J. A J.
do
do
do
March.
do
March.
do
do

Aug. 1, 1892
May 1,1897
June 1,
June 1,
Jan. 1,

1897
1897
1891

Various.

'

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

J.

A
A
A
A
A
A
A
A

S.
O.
0.
J.
N.
N.
N.

N.Y.,Nat Bkof Com’rce July 1, 1895
do
do
do

do
do
do

Sept. 1, 1904

do

do

Ma/ 1, 1898

Oct. 1. 1908

April 1, 1919
N. Y., Trask A Stone.
July, 1888
do
do
Nov. 1, 1906
do
Nov. 1, 1906
do
do
do
Nov. 1, 1906
do
do
Jan. 1, 1884
N. Y., G. Opdyke A Co.
N-ov., 1894
do
do
Aug., 1902
do
do
July 1, 1897
N. Y., Third Nat. Bank.
Jan. 1, 1897

3 Ac.
3 Ac.
10
7 g.
7 g.
7
7
7

M.
F.
J.
J.
M.

A
A
A
A
A

N.
A.
J.
J.
N.

M.
J.
J.
J.
F.
M.

A
A
A
A
A
A

S. N.Y.,J.S. Kennedy A
J.
do
do
D.
In default.
D.
do
A.
do
N.
do

Q-J.

‘

.

•H

per

Rochester dk State Line.— Bonds sold in N. Y.,
Road runs from Rochester, N. Y., to

Salamanca, and Rochester City furnished $t00,000
towards its construction.

210

1868

250 Ac.

4,G07,000

7

M. A N.

do

1898

220
140
121
121

1870
1871

1,000
1,000

1,000,000
15,000,000
2,081,800
2,400,000
446,000
1,050,356
2,301,000
505,000
111,800
500,000
2,423,000
500,000
576,050
1,300,000
1,350,400
210,000
16,000 p.in.
838,500
241,000

7
7
2
8
8

J.

A D.
A J.

do
do

1900
1901

11
98
80
80
40
100
100

334; Y. 28, p. 276.)

1,000

1,000

100

1,000
50

i860

1,000

1853
1863
1869
1870
1874

500
100 Ac.
500

1876

1,000
100 Ac.
50
500 Ac.
100

1851
1870

1,000
1,000

,

.

"

....

....

....

3,000,000

7
6
7
7

8 g6
2L,
7
3^
7
8
7
8
7

City dk Northern.—Gross earn¬
in 1878, $3,321,495; net, $1,347,500, against
$1,250,77? in 1877. Bonds on St. Charles Bridge pay
3 ears.

Omaha Div. is under construction. (V. 26, p. 68,
288, 471; V. 27, p. 332, 488, 515; V. 28, p. 200, 253,

275, 299.)
St. Louis dk San Francisco.—This is the re-organi¬
zation of the Atlantic & Pacific, sold in foreclosure

Rutland.—Formerly leased to Vermont Central, Sept. 8, 1816. The stock authorized is—$4,500,001)
on rental, and lease modified.
Ar¬ of 1st preferred; $10 000,<00 of pref.; $1#,500,000
rangement is pending to give 5 per cent bonds in of common, moet of which has been issued.
exchange for equipment bonds and 6 per cents for The land grant amounts to some 1,000,000 acres,
mortgage bonds. (V. 27, p. 121* 253,384, 567; V. and on about 390,010 acres bonds “B” are receiva¬
ble in payment for lands. The interest on bonds
28, p. 210.)
SI. Joseph & Western.—The St. Jo. and Denver “B” and “C” i3 3 per cent for 1879-’80-’Sl, 4 for
‘City was sold in foreclosure Nov., 1875, and re¬ 1882, 5 for 1683, and 6 afterward. In 1877 gross earn¬
ings were $1,343,913; net, $739,126, against $675,047
organized.- The land grant of 300,000 acres is in in
1876. Report for 1878 is held back.
(V. 26, p.
hands of trustees, for the benefit of the holders of
the land scrip of $2,250,000.
In 1878 gross earn¬ 241; V. 28, p. 253, 454, 495, 527, 555.)
St. Louis dk Southeastern.—In nands of receiver.
ings were $641,391; operating expenses and renew¬
als, $580,209. (V. 24, p. 322, 469; V. 26, p. 289; V. Tennessee Div. sold April 9, 1379, and purchased by
Louisv. & Naahv. RR. Kentucky Div. to be sold
28, p. 351,625.)
St. Louis, Alton dk Terre Haute.—The main line— Ju!y 19. Gross
earnings of whole line 1877-8, $1,162,Terre Haute to E. St. Louis and Alton Branch—wus 196; net. $272,558. (V. 26, p. 263, 304; V. 27, p.
leased June, 1867, for 99 years, to IndianaD. & St. L. 229, 488; V. 28, p. 18, 353. 378 )
at 30 per cent of earnings (but $450,000 a minimum).
St. Louis, Vandaiia dk Terre Haute.—The com.
This was guaranteed ffiy thiee other companies; see
stock is $2,383,315; pref., $1,451,700. This road is
V. 26, p. 614,651. In 1878, gross earnings were $928,leased to Terre Haute & Indianapolis at 30 per cent
-301, against $953,570 in 1877. The Belleville Br. and of
gross earnings. In year ending Nov. 1, 1878, the
Extension earned net in 1878, $141,268.
Coupons
due August, 1818, on 2d mort. bonds were paia in earnings were $1,054,627, on wnioh 30 per cent was
$316,388. The charges, including interest, were
January, 1879. (V. 26, p. 417, 614,625, 654; V. 27, $352,113, leaving a deficit of $35,565 advanced by
p. 17, 140, 437, 454, 488, 603, 678; V. i8, p. 476.)
the lessee.
Deficit, 1877, was $35,935. Bonds guar¬
St. Louis, lion Mountain dk Southern.—Gross anteed by Terre Haute & Ind., by Col., Chic. &
earnings, 1878, $4,514,321; net, $1,915,955.
Ind
In
Cent., and Pitts. Cin. & St. Louis. (Y. 24, p.
1875, the company funded three coupons, but failed 110; V. 26, p. 165 ; V. 23, p. 119.)
to carry out its agreement with bondholders in 1876.
St. Paul dk Duluth.—'This is the Lake Saperior &
The net earnings were applied to floating debt
Mississippi reorganized. Preferred stock is receiv¬
ansiead of bonded interest. For the latest agree¬ able for lands. Land grant, about 1,609,000 acres.
ment with bondholders, sec V.‘ 28, p, 43,
V. 27, p. 147.)
(V.
26, p. 2 8 7, 342, 368, 625; Y. 27, p. 358, 384, 409; ( St. Paul dk Pacific, First Division.—The 3d mortg.
V. 28, p. 43, 173, 302, 325.
of $6,000,000 has the additional security of the
but default made




.

Co.

St. Paul, Office.
Q.-J.
J. A J.
M. A N. New York, 9th Nat. Bk.
•

St. Louis, Kansas

for 3 years and 8 per cent for 27

J.

0

ings

7 per cent

Rome, Watertown & Ogdensburg —The last report
shows gross earnings in 1877-8 of $1,213,786; net,
$350,747, against $343,136 in 1877. Default was
made on coupons consol, bonds April, 1878. (Y. £6,
p.

1,374,000

141-2

.

July, 1878.

1,000
250 Ac.

8
7
7
7
7
7

101
60

year).

Seaboard d Roanoke—Stock
1st mortgage
Selma d Gulf— 1st mort., guar, by Alabama
Selma Rome d Dalton— 1st mortgage.
2d mort., Alabama & Tenn. River RR
General mortgage for $5,000,000

250 Ac,
250 Ac.

120,000
366,000
1,039,000
1,087,000
1,500,000

116
116
101

Savannah d Memphis—1st mortgage
Schenectady d Duanesburg—1st M., guar. D. A H..

Schuylkill Valley—Stock
Scioto. Valley—lut mort. (s. fund $13,000

1862
1862
1862
1865
1864
1864

34k* 1872

Sandusky Mansfield d Newark—Re-organized stock
1st mortgage, new
Savannah d Charleston—C. A S.„ guar. bjr S. C
Funded int. bonds, S. & C. RR., guar, by S. Car...
1st mortgage, Savannah & Charleston RR

1881
1892
1892
1892
1894
1894

10
76
76
76
150
150

•

•

•

May 1, 1902

1st N. Bk., Sandusky, O.
Oct. 1, 1875
J. N. Y., Union Trust Co.
July, 1902
S. Charleston, 1st Nat. Bk. March 1, 1877
S.
New York.
Sept. 1, 1899
J.
do
Jan. 1, 1889
N. N.Y.,Lancaster, B.& Co. May 1, 1890
S. Del. A Hud. Canal Co. Sept. 1, 1924
J.
Jan., 1879
Philadelphia, Office.
J. N.Y., Winslow, L. A Co.
Jan. 1, 1896
N. Phil.,Townsend,W.ACo.
May 1, 1879
A.
do
do
Aug., 1880
0.
New York.
Jan. 1, 1890
J.
New York, Office.
Jan. 1, 1872
J.
do
do
Jan. 1, 1864

A
A
A
A
A
A
A
A
A
A
A
A
A
A 0.

J.
M.
M.
J.
M.
M.
J.
J.
M.
F.
A.
J.
J.
A.

Oct., 1876

do

do

April 1, 1887

$1,500,000 first mortgage bonds held by its trustees.
Interest in default except on

first and second mort¬

gages on Branch Line. Suits of foreclosure are in
progress. An important negotiation for taking up
the bonds was consummated in 1878. (V. 26, p. 286,

31*, 342, 420, 575; V. 27, p. 42, 68, 149, 515, 653;V. 28,
p. 200, 454, 495, 555, 5i0, 616.)
St. Paul dk Pacific.—The road is in hands of Re¬
ceiver of U. S. Court, and the bonds are all held in
Holland. The mortgage is being foreclosed. (V. 26,

p. 316, 342, 420,436, 575; V. 27, p. 42, 65, 149, 515,653;
V. 23, p. 454.)
St. Paul dk Sioux

City.—This company has about
(V. 26, p. 518; V. 27.
p. 171 ; Y.28, p. 171.)
Saginaw Valley & St. Louis.—Has a traffic guar¬
antee by Michigan Central.
Net earnings, 1877,
$57,513. (V. 27, p. 304.)
Sandusky, Mansfield dk Newark.—This road is
leased to the Central Ohio, and the lease guaranteed
by Baltimore & Ohio. (Y. 26, p. 290.)

550,000

acres

of land unsold.

Savannah dk Charleston.—Road in hands of receiv¬
and decree of sale made.

er

Samnnah dk Memphis—Defaulted after the crisis
Net earnings, 1875-6, $16,118.

of 1873.

Duanesburg.—Capital

stock is
the road.
Schuylkill Valley.—Leased to Philadelphia & Read¬
ing, with 5 per cent dividends.
Scioto Valley.—This new road, from Columbus to
Portsmouth, reports gross earnings of $282,153 in
1878, and net earnings of $125,877. (V. 27, p. 653 ;
V. 28, p.525.)
Seaboard dk Roanoke.—Net earnings year ending
March 1, 1878, $167,928. Report Y. 21, p. 276.
Selma dk Gulf— Interest in default. Foreclosure
sale pending. (V. 24, p. 299; V. 25, p. 335, 593; Y.
Schenectady

dk

owned by the D*& H. Canal Co.,which runs

27, p. 304.)

Selma, Rome dk DaUon.—This was formerly the

Alabama & Tennessee River.
and road to be sold. (Y. 24, p.

Interest in

566.)

default*

STOCKS

RAILROAD

XIVII]

AND

BONDS.

[Vol. XXVIII.

Subscribers will confer a great favor by giving immediate notice of any errors
DESCRIPTION.
s

at head of first page

ghamokin Valley rf-

of fables.

Miles
of
Road

78*2
78V,

.

.

32
50
50

242
242

mortgage (now first)

Consol, mortgage (guar. D. L. A

Summit Branch (Pa.)—Stock
1st mortgage bonds

W.)

Terre Haute & Indianapolis—Stock
1st mortgage
Bonds ot 1873 (for $1,600,000)

Toledo, Peoina <& Warsaw— 1st mortgage (W. Div.).
1st mortgage (E. Div.)
2d mortgage (W. Div.) convertible

mortgage (for $6,200,000)
(Burlington Div.)
Troy & Boston— Stock
1st mortgage, consolidated
Consolidated
1st mortgage

Convertible bonds
New mortgage bonds (for

1,000

.

m

81
81
81
20
20
113
73

600,000
1,500,000
3,332,000

1875

500 &c.

m

.

.

1876
1865
1875
1875
1867
1876
#

....

1869
1873
1875
1875
1875
1875
1866
1864
1866
1870
1871
....

1874
1878

....

....

....

....

....

....

do

Joint Co.’s

mortgage bonds of July, 1868
Mortgage Donds, 2d issue

February,
bonds and

Sheboygan & Fond du Zac.—Defaulted 1873. Groes
earnings, 1877, $100,011; net, $12,*204. (V. 24, p.
198, 346: V. 26, p. 621; V. 28, p. 467.)
Shenango & Alleghany.—Leased to Atlantic &
Great Western, and ** rental trust bonds 11 issued.
Groes earnings 1875, $201,039; net, $114,699.
Shore Line.— Leased to New York & New Haven

Sioux City db Pacific.—Div. of
on pref. stock
paid April 1, lfc79. (V. 27, p. 93, 253, 274.)
Sioux City db St. Pa id.—There are also $502,000 2d
mort. bonds, $146,000 equipment, and $286,600 in¬

bonds.
Lands sold in 1378, 64,901 acres, for
£114,177. (V. 25. p. 212; V. 26, p. 290, 471, 494, 549,
167; V. 28, p. 171.)
Somerset.—This road is leased to Maine Central.
South Carolina.—Receiver appointed Sept., 1877.
Grose earnings Oct. 1 to April 1, 1878 9, $649,353;
operating expenses. $310,OGO; net earnings, $339,359.
come

is made for concessions by 2d mortgage

bondholders. (V. 26, p. 217, 342, 393, 418, 420, 471;
V. 27, p. 42, 253, 804; V. 2?, p. 555, 5‘0.)
South & S'orlh Alabama.—Operated by Louisv. &
Naehv., which holds a majority of the stock, and
guarantees the bonds -and holds $1,000,000 of 2d
mortg. bonds. Pref. stock, $2,000,000.
Soulhem of Long Island.—H old in foreclosure of
2d mort., and subject to 1st mort., June 3,1879. Reorganizatian in progress. (V. 27, p. 85; V. 28, p. 5S0.)
Southern Central.—Forms an extension into New
York Stite for Lehigh Valley, which company en¬
dorses

$400,000 of second mortgage bonds.

Net

earnings 1878, $142,906.

South Iowa db Cedar Rapids.—In progress. Ot¬
tumwa to Cedar Rapids, la.
Southern Minnesota .—Sold under 2d mortgage and
*e-organized March, 1877. There are yet out $220,000
©id 1st mort. 7s (pink), due 1884. Land grant is about

1,110,000 acres,




.

.

.

.

500 &c.

1,000
m

.

m

B

100
.

.

^

100-&C.

1,000
500 &c.
100

1,000
1,000

1871

m

m

m

m

50

Net earnings in 1878, $311,152,

©

....

36*2
75
168
75
87

1862
1868
....

1870
1871
....

1868
1871

350,000
500,000
2,004,000
270,000
1,750,000
4,125,000
800,000
1,988,150

1,000

7,548,000
6,459,000
1,800,000

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

1,000
500 &c.

1,600,000
1,300,000
1,500,000
250,000
1,609,000
1,384,000
650,000

Rate per When Where Payable, and by
Whom.
Cent.
Payable
:

3

?g-

8
7
4
7
6
6

IgIglg-

Philadelphia,Treasurer
do
N.

London.

New York,
do

N. Y.,

7

7
7
7
7
2
7

-

7

July.

F.
J.
A.
M.
J.
F.
J.
M.

&
&
&
&
&
&
&
&

A.
D.
O.
N.
D.
A.

Drexelr M. & Co.

London, Baring Bros.

N. Y., Gallatin Nat. B’k
N. Y., Vermilye & Co.
do
do

?*

Stocks—Last
Dividend.

Feb., 1879
July, 1901
June, 1884
October, 1896
April 1, 1889
July 5, 1870
Sept. 1, 1880
Jan. 1, 1898
Jau. 1, 1898
Nov.,

July,
May,

1901
1891

1871

1878 to ’88
1878 to ’88
Oct. 1, 1902

April, 1891

Charleston,
do

?g-

?g-

Y., (In default.)

Charleston,S.W.RR Bk

g

?*

do

•

do
do
N. Y., N.Bk. of Com’rce.
N. H., Nat. N. H. Bank.
do
do
N. Y., Nat. Park Bank.
U.S. Treas., at maturity
N. Y., Metropol. N. Bk.
do
do

Q.-F.

J. & J.
J. & J.
A. & O.
7
A. & O.
7
6
J. & J.
J. & J.
M. & N.
M. & S.
F. & A.
7
7g. M. & S.
M. & N.
J. & J.
6 g. A. & O.
7 g. M. & S.
J. & D.
3^
7
Various
'J. & J
J. & J.
J. & J.
5
J. & D.
3
J. & D.
7
A. & O.
7
F. & A.
3
J. & J.
7
4
J. & J.
A. & O.
7
7
F. & A.
7
M. <fc S.
6
J. & D.

£200

680,000
36,762,300
27,231,000
27,236,512
13,767,000
6,884,000
2,121,000

1,000
1,000

1,600,000
1,600,000

100

20,190,400
5,669,000
2,000,000
1,846,000
1,800,000
154,000
119,548
1,700,000
866,000
5,000,000

....

100

NY., Company’s Office.
N. Y., C. P. Huntington.

1880 and 1892
Jan. 1, 1890
Mar. 1, 1887
Aug. 1, 1899
Mar. 1, 1882
May 1, 1900

1888

.

Savannah,Cent.RR. Ga.

April 1, 1905
Mar. 1, 1900
June 20,1879

Macon.
Charleston & New York.
New York.

1886
Jan. 1,1897
1885

N Y., Central Pacific.
January, 1905
N.Y., D. L.&W.RR. Co. June 30, 1879
do
do
June, 1887
do
do
Oct. 1, 1906
Philadelphia & Boston. Aug. 16,1876
Jan. 1,1904
Boston, N. Y. & Pliila.
N.Y.,Farmers L.& T.Co. Feb. 1, 1879
do
do
July, 1879

1893
New

York, Co.’s Office.

Aug. 1, 1905

Pliila., N.York & London March 1, 1905
do
New York&
New York,
do
do
do
do

do

Philad’phia
Co.’s office,
do
do
do
do

June
Jan.
Feb.
Dec.

1, 1905
1915
1896
1894

1,
1,
1,
April 1,

1886
May 2, 1910
June 1, 1901
Troy, Company’s Office. Aug. 1, 1878

J. N. Y., Nat. B’k of Com.
do
S.
do

1894
1882

1,000
1,000
....

1,000

1,000
....

....

....

....

....

...

1,000
1,000
100
....

....

100,000

676,005
1,000,000
1,500,000
1,771,720
200,000
912,000

6

1896 to 1899

ig'
8
7
8 g.

gg2 is

lg« *•

lgts6
6
7

fg2
7

7

earnings were $3,553,005 gold, and net earnings,
$1,823,830 gold. (V. 26, p. 209, 316; V. 27, p. 321,409.)
Southern Pennsylvania.—This is a mining and
railroad company; re-organized in 1872 after fore¬
closure under 2d mortgage. The road is leased by
the Cumberland Valley.
Southwestern Georgia.—Leased to Central Georgia.
Dividends 8 a year to every 10 per cent on Central

Georgia stock, but 7 per year guaranteed. ‘’Tri¬
partite” bonds issued; see Central Georgia.
Sterling Mountain.—Cost of road and equipment,
$502,468. Net earnings 1872-3, $15,673.
Stockton & Copperopolis.—Defaulted July, 1874,
and old bonds of $1,000,000 exchanged for present.
(V. 21, p. 159. 160, 316.)
Syracuse, Binghamton & New Fori;.—Operated by
Del. L. & W., and bonds guar, by that Co. Last
dividend on stock (in 1875) 4 per cent. (V. 26, p. 316;
V. 27, p. 568.)
Summit Branch.—This is a coal road, and leases
Lykens Valley.
Net earnings in 1676, $151,665. (V.

Indianap.—Net earnings in 1874-5,
$371,713; in 1875-6, $355,955; in 1876-7, $344,403.
Leases fet. L. Van. & T. II. at 30p.c. gross earnings.
Texas & New Orleans o/’1874.—The company has
a I’d gr.of 875,000 acres timber and agricultural lands.
Texas & Pacific.—Gross earnings, 1877-8, $2,331,310; operating expenses, $1,448,439; net earnings,
$882,871. Of old land bonds $1,064,000 are yet out,
and $183,225 coupons. - (V. 26, p. 316; V. 27, p. 42,
149, 226, 384, 515, 568, 653.)
Texas W^tem.—This narrow-gauge road is in

(See V. 23, p. 49, 152, 526.)

July 1, 1879

do
do
U.S. Treas., at maturity.
M. <fc S. New York and Boston.
A. & O. New York and Boston.
A. & O. London, L. & S. Fr. Bk.
M. & N. N. Y., Company’s Office.
U.S. Treas., at maturity.
Q.-J. Phila. and N. Y. Offices.
M. & S.
Philadelphia, Office,
A. & O.
do
do
M. & 8.
London,
M. <fe S.
do
F. & A.
Philadelphia.
F. <fc A.
London.
F. & A.
Philadelphia Office.
J. & D.
Princeton, N. J.
M. & N.
Philadelphia Office.
A. & O. N. Y., B’k of Commerce.

Q.-J.
J. & J.

senes A, B, C and D, of which “A” includes $15,000,000, part in $500 bonds, all the others are $1,000
each. A sinking fund of $100,000 per annum begins
in 1882, and proceeds of land sales also go to pay
bonds. The land grant is 12,830 acres per mile.
The stock paid in is $36,763,900. In 1876-7 the gross

25. p. 113.)
Terre Haute

New York and Boston.

1*2

against $296,666 in 1877. (V. 27, p. 67, 358, 515; V.
23. p. 451.)
Southern Pacific (Cat.)—This road is controlled
by Central Pacific parties. The bonds are in

progress.

F. & A
J. & J
J. & D
A. & O
A. & O.
J. & J.
M. & S.
J. & J
J. & J.
M. & N.
M. & N.
J. <fc J.

J.
J.
M.
J.
J.

&
&
&
&
&

N.

Salt Lake City.
Y., Kountze Bros.
Utica.

Utica and New York,
do
do

Mch. 1, 1894
1887

April, 1896
May 1, 1895
1896,’97, ’98

July 10, 1879

Mch. 1, 1901
Oct, 1, 1894
Mch. 1, 1894
Mch. 1, 1894
Feb. 1, 1888
1880
Feb. 1, 1883
Jan. 1, 1889
Nov. 1, 1889
Overdue.
11 p. c., 1876-7
Jan.

1, 1890
July 1, 1891
Sept. 28,1878
July, 1878
July, 1891

Toledo, Pecnna & Warsaw.—Passed into receiver’s
1874. Foreclosure pending. Ia
1876-7. net earnings were $56,415. (V. 26, p. 68, 316*
575; V. 27, p. 68, 409, 515, 603; V. 28, p. 69, 429.)
Troy db Boston.—With leased roads forms a line
from Ti oy, N.Y., to North Adams, Mass. In 1877-78
gross earnings were $560,343; net, $274,747. There
are $119,000 of old 1st and 2d mortgage bonds yet
outstanding. (V. 23, p. 119.)
T oy Union.—A short road in Troy city. Bonds
issued by city and guaranteed by several roads.
Union Pacific.—Gross earnings in 1878 (including;
Omaha Bridge) weie $13,121,272, against $12,473,203
in 1877. and $72,886,853 in 1S76; net earnings,
$7,741,686, against $7,119,782 in 1877, and $7,618,647
in 187*. In 1878 the funding bill was passed in
Congress; an important contract w*as made wdth
Kansas Pacific; the July dividend was rassed. Land
sales during 1878, 318,903 acres, for $1,557,082. Land
contracts outstanding and cash, January 1, 1879,
#4,184,214. (V. 27, p. 42, 96, 97, 122, 14y, 193, 229,
253. 274, 384, 480, 629; V. 28, n. 44, 70, 121, 147, SOO
252 328, 429, 477, 495, 555.)
Union Pacific Central Branch.—Formerly the
hands February,

,

Atchison & Pike’s Peak.

November, 1873.
expenses,

28,

p.

-

pal, When Due^

....

....

o

625,000
3,892,300
399,000
400,000

1,050,000
3,552,000

....

®

29,300,000

1,000
1,000

....

©

750,000

800,000

•

•

5,211,810

800,000

....

•

63,500
391,000

....

....

•

1,067,500

1,000

1871

1st

A proposal

1,000

1834-7

(£138,500).

do
plain bonds
do
do
consol, mort. (sink’g fund after 1880)
do
N. J. RR. <fe T. Co., 3d loan due State of N. J
Utah Central—Stock
1st mortgage, gold
Utah Southern— 1st mortgage, coupon
Utica <t Black, River—Stock
-

Shamokin Valley & Pottsville.—Leaeed
186 ), to Northern Central,at7per cent on
6 per cent on stock.

500
100

50
m

....

....

5,819,275
1,482,666
1,051,500
1,206,500

100 &c.

....

do

100

1872
1870
1868

....

de
do
do
dollar loan, mortgage
mortgage, sterl’g, s. fd.

450,000

1,500,000

2*8
Troy Union—1st mortgage, guaranteed, Troy City.
1,042
Union Pacifier— Stock
1,038 1866-9
1st mortgage, gold, on road and equipment—
do
2d
(government subsidy)
1874
3d
do
on road (2d on laud), sinking fund. 1,038
1867-9
Bond grant bonds on 10,764,947 acres
1871
Omaha bridge bds, st’g, (s.f. about $50,000 yrly).
100
1866
Union Pacific, Central Branch— 1st mort., gold —
100 ’66-7-8
2d mertgage (government subsidy)
379
United N. J. RR. & Canal Companies—Stock
1871
General mortgage, gold, coupon
1871
"United Co.’s mortgage, sinking fund, registered..
1871
do
sterling loan mortgage, sinking fund
do

'500,000

1,000

....

.

1,240,000

(

116*2
11034
116*2

....

1,000
1,000

.

....

$1,000,000)

100
100 &c.
500 <fcc.
500 &c.

500 &c.

Various
500

.

106
444
444
444

Outstanding
$869,450
1,994,000
750,000
850,000
874,500
1,000,000
200,000
1,629,000
1,628,020

....

30
7 ig
30

227
10
53
35

$50

Amount

1868
1868
1872
1866
1868
1870
1873
1867
1869

.

.

2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,000,000 acres) —

1864

....

Stockton &
2d

.

183
183
57
114
114
87
170
712
24
257

Spartanburg <£ Asheville—1st mortgage, gold
Sterling Mountain (N.Y.)—1st mortgage

Copperopolis—1st mort., (guar, by C. P.
Syracuse Binghamton <£ N. Y.—Stock

500 &c

.

242

m

Southern Pennsylvania—1st mortgage, gold
Southwestern (Ga.)—Stock, guaraut’d 7 per annun
Company bonds, convertible into stock at par...

i871

1871
1871
1871

124
23

Domestic bonds (I)

2d mort. gold ($400,000 end. by Lehig
Southern Iowa & Cedar Rapids—1st morl

Par
Value.

....

122

.

Southern Central (N. Y.)—1st mortgage.

of
Bonds

1865
1868

105

.

Domestic bonds (K)
So. & No. Alabama—1st M., endorsed by Alabama
Sterling mort., s. fund, guar, by L. & N

Size, or

1871
1869

Bonds—Princi

INTEREST OR DIVIDENDS.

Date

28
28

Pottsville—Stock

mortgage, gold, on road and lands
Sheboygan <£■ Fond du Lac—1st mortgage
let mortgage extension
Shenango <£ Alleghany—1st mortgage
Shore Line ( ConnStock
1st mortgage, construction bonds
Sioux City & Pacific—1st mortgage
2d mortgage (government subsidy)
Sioux City <t St. Paul—1st mortgage, gold, I'd gran t
1st mortgage, currency, for $2,100,000
Somerset—1st mortgage, gold
South Carolina—Stock
1st mortgage, sterling loan
do
dollar bonds (L)
2d mortgage (for $3,000,000)
1st

discovered in these Tables.

Interest in default since
Gross earnings 1875-76, $114,414;

$131,500.

454, 477, 553.)

(V. 27,

p.

96, 253, 274, 539; V.

United New Jersey Railroad <ft Canal Comvanies.
—I he Camden & Amboy Railroad and branches*
Delaware & Raritan Canal, and New Jersey Railroad
form the United Companies of New Jersey. They
were leased to Pennsylvania Railroad, Oct. 20, 1871,
at 10 per cent on stock and assumption of all lia¬
bilities. In 1877 the gross earnings were $8,960,696;
net income, $2,954,521, leaving a deficit for lessees
of $1,433.1(8 after paying interest and dividends.

(V. 24, p. 516; V. 25, p.349, 433, 458, 476; V. 26, p.
215,304.)
Utah Central.—Salt Lake to Ogden.
In year end¬
ing April 30, • 1877, net earnings were $270,862, and
dividends amounting to 11 per cent were paid.
Utah Southern.—Gross earnings 1877, $278,652*
*tt, $140,731. Stock is $1,500,000.

lm

June 28,

KAILROAD STOCKS AND BONDS.

1879.]

Subscribers will coufer a great favor by
DESCRIPTION.
at the head of first page

Utica Chenango <& Susquehanna
Vermont dk Canada—Stock

giving Immediate notice ot any error discovered In these Tables.

Miles Date Size, or
of
Par
of
Road. Bonds. Value.

of tables.

1871
1871
1866
1866
1866-9

Bonds, guaranteed by Vermont Central

Missisquoi Railroad bonds
Vermont Central—1st mortgage, consolidated
2d mortgage, consolidated. T
Equipment loans
Stans toad, S. & Chambly bonds
Income and extension bonds (to pay float’g debt).

■

_

—

1872
80
77
80

fund $$%p00 per year)

140
140
140
140

Vicksburg dk Meridian—1st series (red endorsed)
2d series (blue endorsed)
3d
do (black endorsed)
4th do (not endorsed)

•

Special loan, funding mortgage
1st mortgage (Toledo & Illinois)
1st mortgage
1st mortgage
1st mortgage
1st mortgage

(Lake Erie, Wabash & St. Louis)
(Great Western of 1859)
(Quincy A Toledo)
(Illinois A Southern Iowa)
2d mortgage (Toledo A Wabash)
2d mortgage (Wabash A Western)
2d mortgage (Great Western of 1859)
Consol, mort., (on all but Decatur A E. St. L.)
1st mortgage, (Decatur & East St. Louis)
Funded debt bonds (secured by deposit of coups.)
New mortgage for $2,000,000

Warren

(W.J.)—Stock

2d mortgage
1st consol, mortgage

consolidated

do

1st

649
75
167
180
33

29
75
167
180
490
109

18
18

Washington City, Va. Mid. & Gt. Southern—Stock...
1st mortgage, O.A A., and funded interest....
2d mortgage, O. & A.,
do
do
3d mortgage, O. & A.,
do
do
4th mortgage, O. A A.,
do
do
1st mortgage, O. A. A M. RR
2d mortgage. O. A. & M. RR
Gen. mort., gold, Wash. C., Va. Mid. A Gt. South’n
Lynchburg & Danville, 1st mort., guar., coup
Westchester & Philadelphia—Preferred stock
1st mortgage, new
West Jersey—Stock
Loan of 1883, guaranteed by Camden & Amboy..
1st mortgage loan
Cape May A Millville

Westcmi dk Atlantic (Ga)—Income bonds
Western (Ala.)—1st mortgage (Mont. A W. P.)
Western RR. bonds, before consolidation
2d mort.. guar, by Cent, of Ga.and Ga. RR. AB.CO.
Western Maryland—1st mort., endorsed Balt. City..
1st mortgage, unendorsed
2d
do
endorsed by Baltimore
2d
do
endorsed by Washington County
2d preferred mortgage, unendorsed.
3d mortgage, gua:*anteed by Baltimore
4th
do
for Baltimore City stock
Western Pennsylvania—1st mortgage
1st mortgage. Pittsburg Branch
General mortgage
Williams ton & Tarboro— 1st mortgage
..

18
310

......

336

65^
27
128
60
38
63
41
138
116
44
160
90
90
90
90
90

90
90

57
28
4

Wilmington dk Weldon—Stock
Sterling bonds

179
179

do

Wisconsin Central— 1st

-

•

-

....

>—

mortgage, gold, land grant.

Worcester' dk Nashua—Stock
Bonds ($125,000 are 7 per cents)
Bonds
Bonds
Nashua & Rochester—Stock
do
do
1st m., guar, (for $700,000)

1,000
500 Ac.

1,000

1,000
100 &c.
100 Ac.

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

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

100
....

....

100

....

....

....

500 Ac.

327
94

■

48
48

•

1871
.

3

$4,000,000
3,000,000

4

1,500,000

8
7
7

500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
2,860,000
550,000
200,000
150,000
703,500
850,000
145,000
1,180,600
217,400

7
8
7
8
3
6
7

7
7
7
7
7

8

•

100 Ac.
50

.

1861
1866
1869

500 Ac.
500 Ac.
500 Ac.

1873
1866
1868
1870
1858

1,000

1867
1868
1870
1872
1863
1865
1870
1870
.

■

1,000
500 Ac.
100 Ac.

500,000
300,000
1,000,000
1,500,000
2,500,000
2,610.000
2,700,000

2,893,000
(!)
1,800,000

.

500 Ac.
....

100
,

1871
^

*

ioo

1873
1875

1874

500 Ac.

do
do
do
do

D.

M. A N.

do
do
do
do

J. A J.
M. A N.
A. A O.
Boston, Office.
J. A J.
do
do
do
J. A J.
do
do
J. A J.
do
J. A J. Phila , Girard Nat. B’k.
do
do
J. A J.
J. A J. Pliila., Girard Nat. B’k.
do
A. A O.
do
do
' do
J. A J.

7

A. A O.
A. A 0.

7

M. A S.

3*2

1891
1876 to 1889
Jan. 1, 1887
1902

April 7, 1879
July 1, 1883
July 1, 1879
July 1. 1885
Jan.
Jan.
Jan.
Jan.

1, 1890-

1, 1890
1, 1890
1, 1890
1880

Y., Metropolitan B’k.
do
do
do
do
do
do
do
do
do
do

do
do
do
do
do

do
do
do
do
do

Aug. 1, 1890
Aug. 1, 1890
Aug., 1888

Nov.'l, 1890
Aug. 1, 1882
Nov. 1. 1878
Nov. 1, 1878

May 1, 1893
Feb., 1907
Aug., 1889
Feb.

1, 1907

N.Y., Del., LAW. RR.
do

do
do

do

April, 3 873
1900

1905

....

6
6
8
8
7
7
7 g.
G
4
7
3
6
6
7
7
10
8
8
8
6
6
6
6
6
6
6
6
6
7

817,800
1,200,000
1,650,000
133,050
1,000,000

1,310,000
821,300
1,100,000
1,359,750
400,000
1,000,000
1,000,000
782,000
300,000
600,000
200,000
400,000
300,000
300,000
600,000
875,000

1,000,000
800,000

1,789,800

D.

....

750,000
600,000
2,692,539
525,070

1,000,000
1,200,000
350,000
3,200.000
600,000
1,456,200
648,700
221,400
749,000
8,168,000

N. Y., D. L. A W. RR.
May 1, 1879
Boston, E. Blake A Co. June 1, 1872
J. Boston,Nat.Bk.of Redm July 1, 1891
J. Boston, Globe Nat. Bk.
Jan. 1, 1891
N. Boston,Nat.Bk of Redm Nov. 1, 1886

N.

7
7
M. A N.
7
F. A A.
7
M. A N.
7
M. A N.
7
7
' M. A N.
7
Q.-F.
F. A A.
7
F. A A.
4 A 7

2,500.000
2,495,000

1,200,000
....

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

F. A A. N.
F. A A.
F. A A.

7

500,000

.

-

....

900,000

1,657,652

1873
1871

.

*

^

1855
1858
1860
1867

.

Bonds—Princi
pal, When Due.
Rate per When Where Payable, and by
Stocks—Last
Outstanding
Cent.
Whom.
Payable
Dividend.
INTEREST OR DIVIDENDS:

Amount

16,000,000

#

1853
1853
1863
1865
1862
1858
1858
1859
1867
1869
1877
1879
1855
1870
1875
1871

....

Sinking fund bonds, gold

100
100 Ac.
500

J

m

....

188

do

+

1,000

1865
1869.
1872
1866
1866
1866
1866
1871

....

Wilmington, Columbia dk Augusta— 1st mortgage...
Income bonds

500 Ac.
500 Ac.
100 &c.
100 Ac.
500 Ac.
100 Ac.

.1867

Vermont dk Massachusetts—Stock
1st mortgage (sinking
Convertible bonds
do
do

$100

98
73

Valley—Stock...

Uix

8
7

.

•

•

•

•

3
6 g.
7 g.
7 g.
7 g.
2

350,000
250,000
400,000

6 A 7

1,185,000
700,000

1^
6

7
7

M.
J.
M.
M.
J.
J.
M.
A.
J.
A.
F.
M.
J.
A.

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

N.
J.
N.
S.
J.
J.
N.
0.
J.
0.

Balt., R. Garrett A Sons Nov. 1, 1866?
do
do
do
do
do
do
do

do
do
do
do
do
do
do

do
do

do
do

1, 1875
1, 18731, 1880
1, 1880
1, 1882
1, 1903
1, 1896
Jan. 6, 1879
Philadelphia, Office.
do
do
April 1, 1891
A. Phila.. Pa.RR.Co. Office Aug. 15-1877
do
S.
do
Mch., 1883
J.
O.

Atlanta, Co.’s Office.

Q-J.

A J. New York A Savannah.
do •
do
A. A O.
do
A. A O.
do
J. A J. Balt., N. Mechanics’ B’k
do
J. A J.
do
do
do
J. A J.
J. A J.
Hagerstown.
J. A J. Balt., N. Mechanics’ B’k
do
do
J. A J.

J.

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

Jan.

do
do
A J.
A 0.
Philadelphia, Office.
do
do
A J.
do
do
A O.
A N. New York, J. M Piekrell
A D. Balt., Safe Deposit Co.

May
Sept.
July
July
May
April

Jan., 1896

Oct., 1890

Oct. ’79 to’91
July. 1881
Oct. a, 1886
Oct. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
Jan., 1890
Jan., 1890
Jan., 1895
Jan., 1900
Jan., 1902
April 1, 1893
Jan. 1, 1896
Oct. 1, 1901
May 1, 1900
June, 1900

....

J. A D.
J. A J.
M. A N.

Nov. 30, 1878
1881
1886
J. A J. N.Y.,Bost.,Loud.,Frank
1896
J. A J.
Boston, Office.
July 1, 1901
J. A J.
Worcester, Office.
July 1, 1876
do
do
Various
1881 & 1887
A. A O. Bost., Globe Nat. Bank. April 1, 1893
do
do
F. A A.
Feb. 1, 1895
A. A O
Worcester, Office.
April, 1879
A. A 0. Bost., Globe Nat. Bank. April 1, 1894

London.
do

■>

■

Utica A Black River.—Gross receipts 1877-8,
$453,114; net earnings, $238,OOJ. (V. 25, p. 141;
V. 27, p. 124; V. 28, p. 96 )

Utica Chenango A Susquehanna Valley.—Road is
leased to Del Lack. & West. Railroad at 6 per cent

etock.
Valley (7c.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Balti¬
per annum on

discontinued, and temporary lease
made to Shenandoah Valley Railroad. (V. 20, p. 16,
53; V. 21, p. 3%; V. 22, p. 463, 559, 591, 607.)
Vermont A Canada.—Under lease to Vermont
Central. (V. 24, p. 421, 566; V. 25, p. 476, 641.)
more

& Ohio was

cent thereafter; the balance are 7 per cents.
Operations for 1873 showed $4,998,371 gross earn¬
ings, and net earnings of $1,523,423. The company
gives no balance sheet in its aanual report, nor
statement of its whole debt, the actual financial

year, to September 30, 1878. showed gross receipts,
$317,201; expenses, $217,275; net receipts, $129,926.
(V. 26, p. 84, 471; V. 27, p. 406, 678; V. 23, p. 97,
121, 147 454.)

status being thus unknown. (V. 26, p.215,445,
471, 496, 524, 549, 592, 626; V. 27, p. 17. 68, 437, 515,

540, 563; V. 28, p. SCO, 224, 3 5 0, 354, 402, 429, 495,
554, 600, 617.)

lessee, owns $972,650 stock out of the total amount
of $1,022,450, $148,000 of branch bonds, and *11 of
$1,200,000 general mortgage bonds; net earning®
1876, $225,498. (V. 22, p. 206.)

Warren (N. J.).—Leased to Delaware,
& Western at 7 per cent on stock and

recent financial information.

per

Lackawanna
bonds. Net

,

Western

Pennsylvania.—The Pennsylvania RR.,

WUOamston A Tarboro.—Road in progress.

No

earnings in 1875, $241,056.
Wilmington Columbia A Augusta.—In 1875-6
Washington City, Virginia Midland A Great South¬
ern.—Gross earnings year ending Sept. 30, 1878, earnings were $116,633 net. There are certificate®
of indebtedness for $336,000. tV. 22, p. 15; V. 26, p.
$1,218,017; expenses, $803,OjO; net earnings, $415,117.
'The company has been assisted by Balt. & O. 368, 393; V. 27/ p. 68, 438.) Decree of foreclosure
made J une, 1879
Vermont Centra?.—In 1872 the Company went to The president, Mr. John S. Barbour, was appointed
Wilmington A Weldon.—Formerly leased to Wildefault on interest, and has since been in numerous receiver in July. 1876. Interest in default, but re¬
complications. A new corporation under the name ceiver ordered to make certain payments. Full mihgton, Colombia & Augusta road, but in Dec.,
statement of liabilities and condition of litigation 1877, default was made by lessee and property
of Central Vermont was formed, with $2,090,000
paid-up capital, and assumed obligations of the old in V. 28, p. 70. (V. 27, p. 332, 437; V. 28, p. 70,147, reverted. In 1877-8 gross receipts were. $487,816;
).5
5
net, $175,645. (V. 26, p. 68, 420, 496; V. 28, p. 44,
Vermort Central. 5
Foreclosure pending
on 2d mort¬
age. (V. 22, p. 110, 539; V. 28, p. 40, 370, 623; V.
Westchester A Philadelphia.—Gioss earnings, 1876- 144.)
Wisconsin Central.—Of the above bonds, $1,36T,»
I, p. 413, 566; V. 25, p. 431.)
’77, $332,274; net, $112,964. (V. 22, p. 304; V. 24,
000 are “ unfunded,” bearing coupons of July, 1875,
Vermont A Massachusetts.—This road is leased to p. 62; V. *6, p. 116.)
and since; $3,579,(00 have funded nine coupons,
West Jersey.—Gross earnings, 1878, $503,233: ex¬
the Fitchburg RR. Co. for 999 years, from Jan. 1,
including July, 1879; $3,214,000 are “clipped>y
1874, for interest on the debt and 5 per cent on stock penses, $305,826; net, $197,4L6. Net profit above bonds, first coupon due Jan., 1881; $15,003 are
par¬
interest
and
rentals,
$6,241.
-(V.
24,
d.
249;
V.
till I860, and. 6 per cent for tne remainder of the
tially “clipped*1 bonds, issued by mistake, with
26, p. 263.)
ease, exclusive of all taxes.
coupon of July, 1880. on. In year ending Sept. 30,
Western A Atlantic—This road is owned by State 1876, net earnings, $297,733. Paid rent of Mil. &
Vicksburg A Meridian.—Net earnings 1877-8,
of Georgia, and leased at $300,000 per annum.
Nortnern RR., leased, $167,404. Land grant is over
$123,364. 'rhe only coupons paid since April, 1876, Lessees have issued the income bonds. (V. 22, p.
800,000 acres. The Philips & Colby Construction
were those maturing Jan., 18.8, and the special loan
136.)
Company operating this road became embarrassed
coupons of Jan., 1877. (V. 27, p. 67.)
Western Alabama.—Sold in foreclosure, April 19, In Dec. lfc?7. Foreclosure suit begun September,
Wabash.—This is the Toledo Wabash & Western 1875, and bought by Central Ga. and Georgia Rail¬ 1878, Trustees took possession Jan., 1879. (V. 26,
re-organized after the sale, June 10, 1876, under roads, for whose account it is operated. (V* 20, p. p. 18; V. 27, p. 358, 375, 480; V. 28, p. 18, 70.)
consolidated gold mortgage of 1813. There is a 398, 405, 445; V. 25, p. 456.)
Worcester A Nashua.—Guarantees the stock and
debt of $560,000 due the Equipment Company, pay¬
Western Maryland.—This company was largely as¬ honds of Nashua & Rochester, leased. Interest to
able $56,000 per year. The “Seney” mort. w«s for
reduced to 5 per cent. For year ending Septem¬
$1,000,000, payable $200,000 per year.
Of the sisted by the city of Baltimore, which has also he
bought its overdue coupons. Proposition to bond¬ ber 30. 1878, net income was $83,060. (V. 25, n,
funded debt honds, $2,025,000 carry 4 per cent
^
to August, 1879; 5 per cent in 1879-80* and 6
holders, V. 28, p. 121. Annual report for last fiscal 430; Y. 27, p. 557; Y. 28, p.878.)




CANAL STOCKS AND BONDS.

XXX

Subscribers will confer

a

great favor by giving immediate notice of any error discovered In tbese Tables.

DESCRIPTION.
at tlie head of first page

Miles

Date

of
of
Canal. Bonds.

of tables.

Chesapeake <£ Delaware—Stock
1st mortgage (originally $2,800,000)
Chesapeake <& Ohio— Stock
Maryland loan, sinking fund

14
14
....

Dehigh Coal <£ Navigation—Stock.

....

....

....

....

....

148
148

do
Debenture loan of 1894, coup and reg....

153

50

....

1858

1,000
100

....

1869
1871
1874
1877

1,000
1,000
1,000
1000&C.
50

....

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

....

1st mortgage,
1st mortgage,

registered
registered, railroad

Mort. loan, g.

($2,310,000 assumedC. RR. of N. J.)

....

....

December, 1877.

scrip dividend

Schuylkill Navigation—Stock,
Preferred stock
1st

common

car
car

.

,

....

Mortgage bonds, coup, (payable by P. & R.)
Improvement bonds
Boat„and

.

....

mortgage, extended

Boat and

.

327
327
108

2d mortgage

r

....

....

Pennsylvania—Stock
General mortg., interest guar’d by Penn. RR
'

....

103
103
103

(for $1,000,000)

loan

do
do

....

1876
1865

1,000
various.
various.
50

1869
....

1870

1,000
50
50

.....

....

1,000
1,000

....

....

....

1870
1863
1864

1,000
1,000

1,000

45

Maryland loan, 2d mortgage

Susquehanna Canal,

....

....

....

bonds, 3d mort
pref., 3d. T. W. priority b’ds..
common

....

....

bonds of 1872

Union—1st mortgage

....

85

.*

'

Rate per
Cent.

50

1839
1859
1841-4
1872

....

....

....

....

....

....

11,193,550
771,000
5,381,963

J.

2,000,000
4,658,500

508,520
41,550
2,119,259
1,004,300
1,025,000
1,175,000
780,000
220,000
103,164
4,480,405
3,000,000
909,236
3,175,900
l;709,380
3,990,392
1,200,000
260,000
756,650
628,100
2,002,746
1,000,000
1,320,000
325,310
250,000 |

1

7
&

+

m

6
70c.

$1 40
6
6
6
6
6
7
,

Manhattan Bank

the

&
&
&
&
&
&
&

do

Philadelphia, Office.

S.

do
do
do
do

do

do
do
do
do
do
do
do

D.
D.
do
D.
do
do
D.
A.
do
J.
Pittsburg, Office.
A. Leh. Val. RR. Co., Pliila
A. ,
do
do
O.
do
do
O.
do
do
A.
do
do

Sept. 1, 1917
Sept. 2, 1876
1894
1884
1897
1897

T9- 80-’81-’82
1882
June 1,1911
1892

(!)
Feb. 4,1879
Feb. 4,1879

April 1,1906
Oct., 1885

Feb., 1889

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

Philadelphia, Office.
Philadelphia, Office.
do
do
do
do
do
do

&
&
&
&
&

J.
J.
N.
N.
N.

do

do
do
do
do
do
do
do

July, i.910
Aug. 25, 1878
Aug. 25,1878
March, 1897
1882 to 1907
1895
'

May, 1880
May, 1913
May, 1915

.

6
6
6
7
6

J. &
J. &
J. &
J. &

J.
J.
J.
J.
M. & N

Phila. and Baltimore.
do
do
do
do
do
do
Philadelphia, Office.

scrip, and

pay

stock, and 4

10 per cent

Jan.,

i.885

Jan. 1,1878

Jan., 1894
J§n., 1902
May 1.1883

per annum on

preferred

consolidated stock. (V. 12, p. 714).
Pennsylvania Canal.—Worked in interest of Penn.
RR. which guarantees interest on bonds. An old
mortgage cf $90,000 is due in 1887.
Schuylkill Navigation Company.—Leased from
June 1, 1870, to Philadelphia &
Reading for 999
years, at annual rent of $655,000, including certain
on

real and personal
property conveyed
& Reading. The dividend of

to Philadelphia

Aug. 22, 1877,

was pay-

able^in Pink & Reading RR. scrip. (V. 22, p. 493;
Susquehanna db Tide Waleft'.—Leased and operated
by Philadelphia & Reading Railroad for interest on

bonds and half of net earnings.
Union Canal— Stock, $2,907,850.

40 Wall Street, New York.
IJV

Railroad, State, City and County Bonds.

UNITED

VARIOUS

STATES
BOUGHT




&
&
&
&

71 TV way

Nov. 1.1891
1884
1891
1894

New York Stock Exchange.)

Building,

THE

COUPONS

do

do
do

July 1,1898
Aug. 1,1876

MORAN,

DEALER

First-Class

& S.

Q. -M.

,

(Member of

do

1870
1890
1885
Feb. 4,1879

....

J.
J.
M.
M.
M.

Lehigh Coal db Navigation.—Gross receipts in 1878,
$909,252; expenses and int., $1,325,113; excess of
the latter, $355,860.
The Central R.R. of N. J.
Chesapeake & Ohio.—Gross receipts, 1878, $5289,417; assumes
(in purchase of equipment), $2,310,000 of
net, $82,525. (V. 28, p. 599.)
the gold loan due 1897, and leases the
Lehigh &
Delaware Div.—Leased to Lelrgh Coal & Naviga¬ Susquehanna Railroad.
The Lehigh & Wilkestion Co., at interest on bonds, and i per cent a year Barre Coal Co. assumes $500,000 of the gold loan
due 1897, and $771,000 (all) of the convertible gold
on stock, payable till Feb., 1830, inclusive, in scrip,
.then till Aug., 1881, half in scrip. (V. 2?, p. 41, 198.3 loan due 1894, and bas also leased the coal lands
of the company. (V. 22, P.2'79; Y. 24,
p. 247,
Del. db Hudson Canal.— This Co., which is among 445; Y. 25, p. 432; Y. 28, p. 198 224, 578.)
the largest miners and carriers of coal, leases the Aib.
Monongahela Navigation Company.—Receipts,
& Susq. and Renss. & Sar. Railroads. Also endorses
bonds of N. Y. & Canada RR. Annual report, 1878, 1875, $196,576; expenses, $80,487; dividends, $90,387.
V. 28, P. 501.
(V. 20, p. 208, 242, 495, 56), 574,
Morris.—Leased April, 1871, to Lehigh Valley Rail¬
road for 999 years.
599; Y. 27, p. 602, 628; Y. 28, p. 4:3, 501.)
The lessees assume bonds and

A.

& J.

& J.
do
& O. N. Y.( offip.pi

June, 1873

July, 1886

London.
& J. Balt., A. Brown & Sons.
& A.
Philadelphia, Office.
& J.
do
do
& A. N. Y., Bk. of Commerce.
do
■
& N.
do

Q-J.
Q-F.
J.
J.
J.
J.
F.
J.
F.
F.
A.
A.
F.

S locks—Last
Dividend.

do

Balt., A. Brown & Sons

Q-M.

Chesapeake dh Delaware.—Delaware City to Chesa¬
peake City, Md. (V. 27, p. 66).

DANIEL

do

Q—J.

M. &

pal, When Due.

Philadelphia, Office.

Q— J,

m

m

& D.

J.
F.
J.
F.
M.
J.
J.
A.
M.

Payable, and by
Whom.

J. & J.

lh3
6 g.
6
6
6 g.
6
6
7
7
4
2
5
7
7

Where

Payable

6
5
6
2s.
6
4
7
7
7
7
7

SiOOOjOOO

3.000,000

When

3
6

$2,078,038
1,993,750
8,229,594
2,000,000
4,375,000
1,699,500
1,633,350
800,000
20,000,000
1,482,000
3,500,000
6,482,000
4,856,000

717,000
50
100
100

....

....

....

Susquehanna—Stock

1872
1871
1872

....

....

loan

....

....

83
103

Uorins—Stock, consolidated

....

....

Extended, 1877

Honongahcla Navigation Co.—Stock
Preferred stock
New mortgage
Boat loan
Preferred stock

Outstanding

Vario’s

....

148

do

Consolidated mortgage loan
Greenwood mortgage, reg.

Amount

$50
1856

....

60
60

mortgage extended
mortgage, registered

Doan
Doan extension, convertible till

or
Par
Value.

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Size,

25

Guaranteed sterling loan
Bonds having next preference
Delaware Division—Stock, (Conv.into L.C.&2
1st mortgage (extended 20 years in 1878).
Delaware <k Hudson—Stock
1st
1st

£Vql. XXVIII.*

AND

ISSUES

OF

GOVERNMENT
AND

DIVIDENDS

BONDS

SOLD.
COLLECTED,

CORRESPONDENCE SOLICITED.

ETC.

June 28,

MISCELLANEOUS

1879.]

Subscribers will confer a great favor by giving

For explanation of column headings, &c., see
notes at the head of first page of tables.

Date of
Bonds.

Size or
Par
Value.

....

•

•

•

•

•

•

•

•

„

^

.

1874

Mortgage bonds (for $2,800,000)

«

•

•

•

•

•

•

•

1*2

100
100

15,000,000
4,000,000
1,740,000
1,107,500
576,000
999,000
783,000
600,000
10,250,000
387,000
753,000
500,000
400,000
5,000.000
1,000,000
1,000,000
7,620,000

s4

£200
500 &c.
500 &c.
100

1864
1872

1,000
1,000

1868
1878
1873
1875

1,000

•

•

•

1,000
£200

ioo

•

100
1875

Mortgage bonds (lor $500,000)
.%
Maryland Coal—Stock
Ontario Silver Mining— Stock
Pacific Mail Steamship Company—Stock
Pennsylvania Coal—Stock
1st mortgage bonds

•

-

100
100
100
50

*c.

1861
1872
1872

1st mortgage (east side) bonds on 1,053 acres
1st mort. (west side) on 400 acres & 550 leased

Producers’ Consolidated L’d & Petroleum^ -Stock
Pulbnan Palace Car—Stock

1,000

Bonds, 2d series
Bonds, 3d series
Bonds, 4th series
Bonds, debenture

sterling debenture, convertible
Quicksilver Mining Company—Common stock..

....

Mortgage bonds, go d
Southern <£ Atlantic Tel.—Guaranteed stcok—

Spr’g Mountain Coal—Stock,guar.7 p.c.by L. V.

....

fiuiro Tunnel—Stock

1879

Mortgage bonds (for $2,000,000)

Rolling Stock—Stock
Wells, Fargo <& Company Express—Stock

United States

...

fund

Bonds.coup or reg.,conv.till May,’o5, s.f.lp.c.
Sterling bonds, coup. (s. f. lp.c. per annum)..

Company.—A reference to the
others in V. 19, p. 270.

of Dinsmore and

American Coo/.—The report for 1876 showed gross
receipts, $531,383; net, $25,399. ( J. 22, p. 180; V.
24, p. 248.)
Atlantic <& Pacific Telegraph.—Pools with West¬
UmoQ their gross receipts on the basis of 87)£
to the W.U. and 12)£ per cent to A. & P. Expenses
were arranged at 13’14)6 per cent to Atl. & Pac.
and 86’85i4 to Western Union. (V. 26, p. 3i>4, 436,
469, 521; V. 27, p. 280, 627: V. 28, p. 452.)
ern

396.

in V. 24.

(Y. 23, p. 183; Y. 24, p. 111. 306; V. 27, p.

Canton Improvement Co.—The annual iepon
year ending May 31,1878, is in V. 27, p. 14. Of

for

the

reserved to pay ster¬
The Company owns the stock of the
Union Railroad Comp my and guarantees its bonds.
(V. 24, p. 613; V. 27, p. 14.)
$2,500,000 mortgage $600,000 is

ling loan.

Consolidation Coat.—Annual report for 1878 in V.
28, p. 3J1, showing gross receipts. $1,563,808; exenses, $1 .219,283; net, $354,525. Consol, mortgage
onds are held to retire old bonds. Guarantees also
bonds of the Cumberland & Penn., and assumes

$135,000 Un. Mining Co. bonds.
V. 28, p.301.)

(V. 26, p.262;

E.
No.

34

.

m

m

m

<fc
&
<fc
&
&
&
&
&
&
&
&
&

100

41,050,000

1872

1,000

1,373,000

1875

1,000

1875

£100&c

3,920,000
981,234

10, 1877

Sent.

June, 1884

London, Brown, S. & Co
New York or London.

i,

Jan.
Jan.

1904
1, 1904

-

.

Oct.

15, 1875
Nov., 1893
April 1, 192®
Jan. 1, 1888

N. Y., at Ill. Cent. RR.
New York and London.

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

•

.

Feb.

Boston, Treas.’ Office.

N.

N.

do

i,

June
1892
Juno 1, 1892
1877

Y., 4th National Bk.

& D.
New York, Office. =
N. Y., FarniL. & T. Co.
do
do
do
do
do
do
do
do

Q.-F.

A. & 0.
A. & O.

May 15,1879
May 15, 18SF
Feb. 15, 1887
Aug. 15, 1892
Oct. 15, 1889

London, J. S. Morgan & Co.

April 1, 1885
....

....

3*2

-

2
4

17s&13a
7 g.
rv
4

6 g.

•

«

1*879

N.

Y., Company’s Office.
N.Y., West. Union Tel.
N. Y., Company’s Office.

J. & J.
A. & O.
J. & D.
•

i

1876

Sept., i86&
(?)
Aug. 1, 1881

Y., Ill Broadway.
do

M. & N.
F. & A.

2%s

•

i, i8S6

St. Louis.

Q.-J.
Q.-F.

7g.

•

Jan.
Jan. 31,

New York.

& D.

J.
J.

•

1, 1879
....

F. & A.

7
7
6
2
8
8
8
7
7 g.

1877

Jan., 1885
Jan. 1, 1897

do
do
do
do
New York. Office.

Q.—F.

3
7

•

Jan. 2,

N.Y.,Co.’s Office, 71 B’y.

& J.

J.

.

•

1900

London.

....

London.
New York, Office.
New York aud London.
New York, Office.
New York, Office.

•

....

M. <fc 8.
J. & J.

Q.-J.

N. Y., Union Trust

M. & N.
M. & N.
M. & S.

Bridge.—Net income, 1876-77,
1877-78, $219,598. Tne railroad and

N. Y., Treasurer’s

Co.
Office

London, Morton, R.& Co

Oct., 1878
June 10, 1879*

i, 1891!
15, 1878Mar. 1, 18/9
July 15, 1879
July 15,1879
May, 1902
May, 1900
March 1,1900

Jan.
Nov.

Pennsylvania Anthracite Coal.—Stock and bonds5
to N. Y. Stock Board Feb., 1877.
Com¬

admitted

were sold
under the mortgage of 1873,
July 1, 1878, for $450,000. Foreclosure under the
first and second mortgages on the Bridge was made
Dec. 20, 1878. The above mortgage aud $7,990,000
in stock'are to be issued under tne re-organization.
Of the stock $2,490,000 is first preferred, $3,0i 0 000
2d pref.. and $2 500,009 common. The coupons due
Oct., ’78, ’79 and ’81 on 1st mort. bonds to be paid
in same bonds, April, 1881.
(V. 26, p. 420, 524; V.
27, p. 17, 227, 435, 461, 677; V. 28, p. 224.)
Iowa Railroad Land Co.—This company manages

pany

tunnel

failed February, 1879.

Pullman

Palace

Car

(V. 24,

p.

112.)

Company.—The sterling

bonds of 1875, of which the whole issue authorized
is $1,000,000, are convertible into stock from April
1, 1878, to April 1, 1881. (V. 23, p. 4t»2; V. 25, p.
308; V. 26, p. 217; V. 27, p. 302; V. 28, p.

200.)

Quicksilver Mining Company.—(V. 22,

p.

233r

303; V. 21, p. 507; V. 25, p. 15, 358; V. 27, p*
223.)

Spring Mountain Coal Company.—This is guar¬
year till 1885 by Lehigh:

the land grants of five distinct organizations. The
total lam owned was 530,217 acres, March 31, 1877.
In 1876-7, 84,032 acres were sold for $576,8!6, and
601 town lots for $62,932.
The cash c-diec ions
were $772,6(5, and dividends 4*4 per cent.
(V. 26,

anteed 7 per cent per

Yalley RR.
Sutro

Tunnel.—Tunnel

on

Comstock

Lode for

facilitating mining operations. (V. 27, p. 529; V. 28*
p. 147, 224, 302.)
United States Express.—"New stock of $1,000,000
issued. (Y. 21, p. 159; V. 23, p. 87.)
United States Rolling Stock Co.—See reports V. 26,
p. 289; V. 28, p. 145.
Wells, Fargo & Co.—An increase in capital to*
$6,250,000 is proposed. (V. 28, p. 13.)

549.)
Mariposa Land & Mining Co.—Assessments made
on the shares from time to time.
(\r. 23, p. 112, 329;
V. 24, p. 128; V. 25, p. 358; V. 26, p. 290.)
Maryland Coal—Balance sheet, Y. 24, p. 226;
p.

V. 26, p. 95

Pacific Mail Steamship Co.—Report for 1878-9, V.
28, p. 552. (V. 26, D. 217, 523, 5 4 7, 625, 651; V. 27,
p. 68, 229, 384, 628, 653; Y. 28, p. 42, 97,402, 552,
554, 5S0.)
Pennsylvania Coal.—Liabilities at a minimum and
dividends are

1, 1878
July 1. 1879

do

J.
J.
N.
S.
J.
J.
O.
N.
O.
J.
J.

Q.—F.

Illinois & St. Lenvs

$219,777; in

Dec.

"3

600,000
7,000,000
5,000,000
5,000,000

dend.

Boston, Office.
J.

18,920,000

ioo

Stocks—Last Divi¬

June 30, 1879
Nov. 12, 1872

....

275,000
948,000
1.500,000

ioo

United States Express—Stock

Water Power Co.—Annual report

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

5,708,700
4,291,300

25
50
10

•

•

1^

218,000

£100
100
100

Preferred stock

Western Union Telegraph—Stool*.
Real estate bonds, gold, sinking

.

*

1,000,000

1875

Bonds,

N. Y., Company’s Office.
N. Y., Company’s Office.
New York, Office.
New York.

....

432,000
816,000
1878

Q.-M.

J. & D.

7
6
6
8
7
9 g.
10
1

2,500,000
5,938,200
298,000

100
100

....

Whom.

8.

2*2

1,000,000
500,000

1,000

Pay’ble

•

6 g6
6 g.

481,500

....

Where Payable, and by

& J.
M. & S.

2,000,000

Pennsylvania Anthracite Coal—Stock

When Due.

When

J.

Ifg.

(?)
4,400,000
10,000,000
20,000,000
5,000,000

1,000

....

10
7

10,000,000
5,000,000

100

....

2

18,000,000
1,500,000

1,000

Preferred stock

121.)

Rate.

100
25

100

Mariposa Land & Mining Company—Stock—

p.

outstauding.

1,000

1873
1874

1st mortgage, consolidated, convertible
Cumberland Coal d Iron Company—Stock
Dunleith dc Dubuque Bridge—Bonds, sink, fund
Illinois <6 St. Louts Bridge—1st M., new, s. f...
St. Louis Tunnel RR.—1st mort., sterling, s. f.
do
do
2d mortgage
Iowa RR. Land Go.—Stock

Boston

Bonds—Principal

Amount

25

Company—Stock

Sterling bonds (sink.f’d one-fifth of land sales)
Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., 1st M., end. (8. f., rents on $220,163)
do 2dM.,g.,end.,(8.f. gr’ndr’nts on $144,800)
Consolidation Coal of Maryland—Stock
1st mortgage (convertible)

Adams Express

XXXI

immediate notice of any error discovered in these Tables.

$100 $12,000,000

Adams Express Company—Stock
American Express—Stock
American Coal (Maryland)—Stock
Atlantic <& Pacific Telegraph- Stock
Boston Water Power

gait

BONDS

AND

INTEREST.

DESCRIPTION.

Canton Improvement

STOCKS

Western Union Telegraph.—The company

divided!

17 per cent in stock to the stockholders of record
June 20. 1879, making the total stock as above. (V.
2h, p. 135, 266, 304, 592, 626; V. 27, p. 274, 381, 454r
568, 629, 668; V. 23, p. 277, 592.)

paid.

MORRISON,
STREET, NEW YORK,

WALL

TRANSACTS

A

Banking Business, Receives Accounts and Allows Interest,
DEALS IN INVESTMENT SECURITIES,
Government, State, County, City and Miscellaneous Bonds*
General

BUYS

all

stocks and bonds dealt in

SPECIE

UNITED




STATES

AND

SELLS

at the board, for
BOUGHT AND SOLD.

REFUNDING

BOUGHT

AND

cash or on A MARGIN. ]

CERTIFICATES

SOLD.

:xii

INVESTORS’ SUPPLEMENT.

R.

A.

(Vou XXVIII.

LANCASTER
Bankers

66 BROADWAY

AND

and.

CO.,

Brokers,

19 NEW
DEALERS

&

STREET, NEW YORK,

IN

FIRST-CLASS INVESTMENT SECURITIES.
GOVERNMENT

BONDS,

State, City, County, Railroad and Miscellaneous Securities
BOUGHT

VIRGINIA

AND

TAX-RECEIVABLE

SOUTHERN
We call attention to the

SOLD

recent

ON

COMMISSION.

COUPONS

SECURITIES

BOUGHT

A

AND

SOLD.

SPECIALTY.

Funding Act of the Virginia Legislature, and,offer our services to fund any bonds and
care, free of charge, except as to the commission charged by the
Funding Association.
*

interest

certificates intrusted

-

to

r

our

QUOTATIONS

ARE

AS

FOLLOWS, JUNE

Bid. Ask.
State Securities.
Alabama—New consols, A
New consols, 5s. B
do

C

Arkansas—6s, funded
■7b, railroads...

-MfcWitJra

7r

Ipvppq

762 gold, 2890

ill* 114

•

44

do

do
do

South

*

do
do
do

A&O 106
86
coup. off.
do l
66

Carolina—Consol., 6s,

Consol., 6s, doubtful
Tennessee- 6s, old, 1890-2-8
6s, new, 1893-98-1900

approve

6s, new, series, 1911
Virginia—6s, old
6s, new, 1866
do

1861

6s, consol
6s, consol., 2d series
fvc

Columbia—3-65s,

Small bonds...

1924....

Registered

s

City Bonds.
Atlanta, Ga., 7s
Augusta, Ga., 7s, various
Charleston, S. C., 7s
Columbus, Ga., 78.
.Lynchburg City, Va., 8s
Macon, Ga., 7s
Memphis, Tenn.—6s, 1900.
Gold, 6s, 1900.'.
Mobile, Ala.—6s.
8s, coupon on
New Orleans, La.—5s, premium

Consol., —1892

Norfolk, Va., 6s.........




.

.

30*

31*

39
7

flpfpiTpd

.District of

....

86*4
86*4

31
...

....

.

58*
40
8
87

87*

70
50

103
1C7
80
65

55

70

Atlantic &

100

26
10
26
32
102

.

Carolina Central, 1st, 6s, gold, 1923..J&J
Central
Georgia, consol, mortgage, 7s...
Chari. Columbia & Aug.—1st,
consols, 7s
2d mortgage
Chesapeake & Ohio, 1st 6s
Chic. St. L. & N. Orleans 1st consol. 7
2d mortgage 6s....
.<
Denver & Rio Grande, 1st, 7s
East Tennessee & Georgia, 6s
East Tennessee & Virginia, 6s, endorsed
East Tennessee Virginia & Ga.,
1st, 7s

Mobile—1st, 8s

•

Orange & Alexandria—1st, 6s
4th, 8s

J&J
M&N
M&S

..

Orange Alexandria. & Man., 7s
J&J
109*6 Petersburg RR.—1st, 8s, 1879-93... J&J
2d. 8s, 1902 ...”

•

....

78*

J&J

ICO
60

93
54
24
60
•

25*

61*
•

•

c

35

•

Consol., 6s, gold, 1926

Richmond & Danville, 1st, 6s
Richmond & Petersburg; 1st. 8s.
Savannah & Charleston, 1st. 7s
Savannah & Memphis—1st, 8s
100
108

68

Greenville & Columbia—1st, 7s
7s, guaranteed
50
Houston & Texas Central, 1st, 7s,
109
g..J&J
Iowa Falls & Sioux City, 1st, 7s
Louisville & Nashville—Consol.,
1st, 7s
Consol., 2d, 7s, gold
Marietta & Cincinnati—ls% 7s, ’92..F&A
89*
3d, 8s
A&O 15

Memphis & Charleston—1st, 7s,’80.M&N 100*
80

5*
40

101
102
113

m

•

•

.M&N

Piedmont RR., 1st, 83
.108
Richmond Fredericks!). & Pot.— 6s..J&J
7s....
J&J 103

96

•

Pittsburg & Connellsv.—let, 7s,’98..J&J no* no*

M&N

2d, 7s

m

•

•

•

M

«

•

•

97

107

106

:
...

3d, 6s, 1834-90...........
Virginia & Tennessee, 6s.

•

•

•

96*4

Florida—1st, 7s. M&N

Va.—1st, 8s, 1884-90
2d, 6s, 1884-90.......

•

106

.

1st. 7s
South Carolina RR., 1st, 7s
South Georgia &

South Side,

J&J

•

•

M&N

2d. 6s..
3d, 8s

Georgia RR.—7s

Mississippi & Tennessee—1st, 8s, A...

33
112

.

....A&O 109

2d.

37
110
105

2d 7s

M&N 109
J&J 104

Memphis & L. Rock, 1st M., 1907
Mississippi Central—1st. 7s

No.—1st, 8s,

..

Burlington C. R. & N.t 1st, 5s, 1906. J&D

1st, 8s, B............

lRt,6s

Norfolk & Petersburg—1st, 8s
1051st, 7s
100
2d, 8s
63
Northern Pacific, new preferred stock...
Ohio & Mississippi—1st, 7s

on

1st, 7s, *1*897...
Consols, 1st, 7s, 1897, end. by Sa7ann‘h
Atlantic Tennessee & Ohio, 1st, 8s, gold

Stock

Debentures...

New Orleans Jackson & Gt.

1st, 7s

Guif—Consols,

Baltimore & Ohio-Stock
6s, 1880
6s, 1885

Mobile & Ohio

2d, 8s

coupon on

2d, 7s, 18a5

20
10
25
30

1

Bid. Ask.

New Orleans &

v

'

new

igt

25*

.

7s,

Railroad Bonds.

34
37

78*4

ex-matured coupon

Savannah, Ga.—7s, old

Alabama & Chattanooga, 1st, 8s
Atl-mta & Charlotte Air L.—1st
prof., 7s.

33
30
30

106
121

101
110
107

.

....

31*
31*

6s

-

8s, gold,

45
49

.

—

Wilmington., NT. C.—8s, gold, coupon

•

.

If8

Vicksburg City

6
...

112

Consol, 7s. small
.North Carolina—6s, old, 1836- 98..... J& J 25*
6s, old, 1886-98
A&O 24*4
No. Carolina KR., 1883-4-5
J&J 106

'

6

7e, new, 1886
7s, endorsed, 1886

Louisiana—Consol., 7s, 1914

C

7*

4

102*

Richmond, Va
8s

4

Georgia—6s, is?9-8C-86

96

8s

48

:

Bid. Ask.

Petersburg, Va.—6s
47
73
58
7*

26

.

•

_

M&N
.J&J 106
J&J 83
J&J 81

8a

Western, N. C., 1st, 7s

....

•

t

•

•

39
f

100
110

•

.

•

• •

....

Wilmington Col. <fc Aug,, 1st, 7s. .J&D

....

Miscellaneous Bonds.

James River & Kanawha
Canal-1st, 6s.

I((V

2d, 6s

Mississippi Levee, 10

per cent bonds....

Past-Due Coupons.
Tennessee State coupons....
Virginia pealer coupons
Virginia tax-receivabl-e coupons.

•

•

i

•

•

1

• « t.

4

•

20 < 30
21

79

•

«

80

t/y.