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1
OP THE
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 1878, by W*. B. Dana St Co., in the office of the Librarian of Congress, Washington, D. C.l
NEW
YORK, Jl'NE 29, 1878.
SUPPLEMENT people of France, the well-known Brussels financial
INVESTORS’
recent number
Camnwrifll attfr /iwmrial
Cjjramdt.
The Supplement is issued on the last Saturday of each month, containing
complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies.
It is famished without extra charge to all regular subscribers of The
Chronicle; no single copies are sold at the office, as a sufficient supply is
printed for subscribers only. One number of the Supplement is bound up
with the Financial Review (Annua!) for 1878.
Transient advertisements are inserted at twenty-five cents per line; adver¬
tisements by the quarter, six months or year, at special rates.
a
.WILLIAM
B.
DANA
the Moniteur des Inlerets Materiel*, published in a
a short table
showing the total of each
sort.
It is hardly necessary to say that any such com¬
pilation must necessarily be a mere estimate, but the
Standing of the journal quoted is so high as to give to
paper,
or THR
&
COM
Publishers.
79 t£ 81 William street.
this tabulation all the
circumstances
any
have,
the best statement of its sort.
original being converted'into dollars
five francs to a dollar, the figures are as
The francs of the
at the rate of
follows:
Nature of Holding.
Dec. 31, 1877.
French State and municipal loans
$3,856,842,755
Do.
Railway and other obligations
2,184,25\5!5
Do. Bank, railway and various shares.. 1,881,519,260
Foreign State and municipal loans.
Do.
Obligations
Do.
INVESTMENTS IN JUNE.
weight which it could under
as
Shares
Totals
Dec. 31,1876.
$3,796,630,123
133,023,440
2,184,752310
1,418,666.730
674,619,385
282.6993*5
127,218,140
*8,514336315
$8,484,688,715
686,448 6(5
293,346,990
;
Railroad bonds* have held their own very well and
The demand for government securities has been well
maintained.
Throughout the month large purchases there has been a steady demand from inve-fors which
have been made from the
leading dealers, to satisfy the
prevailing inquiry for government securities in all parts
of the country.
Added to the demand from small
tinvestors there have been considerable amounts taken
by financial institutions and other parties holding accu¬
mulations of money, for the purpose of employing
safely their idle funds. The bill introduced into Con¬
gress to make customs payable in greenbacks and for
the sale of 4 per cent bonds at par in the same currency,
had a slightly prejudicial effect when it passed the
Senate, but as the bill was soon defeated in the House,
its injurious influence was of short duration.
In State bonds there is little
have bonds mathring on the first
new.
Several States
of July which will, so
as we are informed, be
paid off, and no request made
for extensions—among these are Maine, Massachusetts,
Michigan, Minnesota, New Hampshire, and New York.
It is a good sign that in the Northern States there is an
inclination to extinguish State debts and not to issue new
loans for the purpose of paying maturing bonds.
City bonds are very little changed, and the best issues
of 6 and * per cents are selling \puch above
par.
Still
there is comparatively little reduction in city debts, and
this difficulty of taking a step backward, as well as the
trouble in late years of getting a remedy in case of
defaults, can hardly fail to throw a little new light on
the real status of these popular bonds. The idea is sug¬
gested to bondholders that in all State and city bonds
some legal
and practical provision should be insertedj
tnaking the coupons and over-due bonds receivable for
taxes on specified terms, or any other
simple and con¬
stitutional provision which would ensure the bondholder
an
easy remedy in case of default, without resorting to
far
.
litigation.
'
"-As
to
the
principal classes of investments held by the
has
kept up prices. The first-class 7 per cent mortgage
bonds sold at the Stock Exchanges in this and other
cities
are
nearly all above
at 110 to 115.
par, and many of them selling
The table of “ Practical Conclusions for
Investors” is continued in
alphabetical order on the next
page, and it should be said in regard to this compilation
that it is simply intended to be a statement of facts,
and to be useful for investors by bringing together in a
continuous list all those railroads which have earned the
interest
any of their bonds
clear surplus balance
in the past three years,
with a
of 25 per cent or more,
above such interest charge.
The rate of 25 per cent
is purely arbitrary, and might as well be 10 per
cent or 15 per cent; or the net earnings might as
well
be given alone as they appear in column “ D” of the
table, without any deduction whatever. The only object
in reducing the net earnings by throwing off 25 per cent,
was to
apply what would generally be considered a crucial
test, and thus to present to the readers of the Supplement
the
on
names
of all the railroads that
came
within this arbi¬
limit. If, however, any parties should
the conclusion that each and all of the bonds
trary
jump at
meeting
good purchase and should proceed to buy
accordingly without discrimination, they would draw a
conclusion far from “ practical.” Repeatedly we have
urged that in purchasing railroad bonds, the services of
a well-informed broker should
always be obtained, and
this test
are a
all the statistical information which can be furnished will
take the place of this.
We are led to these observa¬
tions by a little friendly criticism that the table might
have the effect of inducing parties to purchase blindly
not
of the bonds favorably represented therein, without
taking into consideration any other circumstances than
the bare fact of surplus net earnings.
The note at foot of the table should be thoroughly
studied to make clear the intent of the figures in each
any
column.
1
-jm
INVESTORS’ SUPPLEMENT.
IV
l11sstt
PRACTICAL CONCLUSIONS FOR INVESTORS.—Continued.
(For Explanations see Foot-Note.)
COMPANIES,
l1Csotnveribl,
J&ACTERI8TICS C
OUTSTANDING.
A.
(leases),guar.,8s,’79-’(
Mississippi & Tennessee—
mort., 8s (A), 1902
mort., 8s (B), 1902
lstmort.(Carond.Br.),6s,g.,*93
Mobile & Girard—
mort., 8s, 1889
8 Mort. to
Cent, of Ga., 4s, 1927
.
8
3
4
B
«
7
Morris & Essex—
l 1st mort.
2 2d
,
3
4
7s, sink’g fund, 1914
mortgage 7s, 1891
Convertible 7s, 1900
Construction 7s, 1889
B Real estate bonds, 7s
« General
mort., 7s, 1901, guar.
7 Consolidated mort.
7s, 1915..
Nashville Ckatt. & St. Louis—
l 1st M.,end.
byTenn.(N.& C.)6s
1
a
l
a
3
.......
2,034,188
1,582,830
1,525,641
2,048,062
1,536,047
1875
1876
1877
211,332
158,499
181,349
1875
202,800
560,000
168,000
44,480
679,840
1,000,000
1,100,000
80,000
88,000
349,000
24,430
56,000
97,320
590,080
7,000,000
2,625,000
500,000
420,000
183,750
64,000
49,000
30,000
4,500,000
315,000
800,000
700.000
5
b
6
7
r*nTlfiol
consol. V
M.,
5 7s» currency,1903
j
3
Consol, mortgage, 7s, 1899
North Carolina—
1 1st mortgage,
2 1st mort., 8s,
3 Overdue
Ss, 1878
1888
bonds, 8s
Northeastern (8. C.)—
1 1st mortgage, 8s, 1899
a 2d
mortgage, 8s, 1899
*
B
«
7
irred’mable
f., 1885
mortgage, 6s,
f., 1890
Consol, mort., 6s, gold, 1900..
Consol. M., 6s, gld& stg., 1904
General mort. (A), 5s, 1926
General mort. (B), 6s, 1926
North Pennsylvaniar—
l
a
3
...
...
...
...
Debentures, 6s, 1885
Debentures, 7s, 1896
General mortgage, 7s, 1903...
Norwich & Worcester—
1 1st mortgage, 6s, 1897
88,200
158,200
i&a
158,200
95,295 Leased June 30, *77, to East
163,030 Tenn.Va. &Ga. Neteam’gs
159,323
ito4
ito4
ito4
975,280
975,280
1,058,908
137,621
240,923
238,142
1876
1877
2,110,440
241,798
212,768
l
l
all
159,576
l
1,234,561
925,921
1,334,276
1,000,707
786,499
lto4
lto4
lto4
1,048,665
152,800
152,800
975,280
80,000
168,000
80,000
131,332 The present arrangement of
73,798 bonded
debt
completed
132,768 after close of fiscal year *77.
767,830
767,830
767,830
466,731 By the agreement of *76 the
566,446
280,835
1875
1876
1877
1,660,086
1,245,065
all
1,061,750
i
1877
55,263
41,447
l
24,000
1875
1876
1877
170,609
127,957
142,114
l
l
78,200
78,200
350,000
189,485
22,686 The 4p.e.bds.were issued *77
12,901 for advances made by C.Ga.
31,263
24,000
Foreclosure and
92,409
111,285
.
4,240
210,000
19,880
1875
1876
1877
40,110
71,750
349,370
4,873,000
.
3,100,000
916,880
lto6 1,041,110
lto5
691,740
lt06
691,740
■
341,110
1875
1876
1877
1875
1876
528,872
728,176
396,654
546,132
706,042
529,532
i&a
aU
all
106,000
453,000
453,000
1875
1876
1877
300,000
387,500
18,000
27,125
1875
1876
1877
206,215
249,706
262,845
220,260
180,035
229,938
127,983
160,621
160,653
154,660
e
140,950
140,950
140,950
65,265 Leased for 30 yrs. from May,
108,756 1871, to Loui8v. & Nashv.;
121,895 lessees assuming liabilities.
165,195 all
135,026 l
172,454 all
157,680
90,580
157,680
62,580 Leases Holyoke & Westf.; les89,455 sees paying int. on b’ds & *3
72,258 gross ear*ngs over $28,000.
all
45,125
82,858 Leased till 1891 to Central
115,496 Vermont, at $150,000 per
*
115,528 annum.
95,989
120,466
120,490
1875 11,765,110 8,823,833
1876 11,922,416 8,941,812
1877 11,632,924 8,724,693
all
all
all
45,125
45,125
all
3,333,447
3,333,447
all
3,333,447
8,431,663 Has paid 8
8,588,969
8,299,477
837,000
58,590
166,500
210,000
38,000
13,320
16,800
3,040
820,000
65,600
236,000
18,880
arate
434,647
492,817
358,997
325,985
369,613
269,248
all
all
all
78,150
78,150
78,150
356,497 The P. & S. boats are covered
414,667 by the cbnsol. M., and their
280,847 net receipts are here incl’d.
1875
1876
1877
183,672
175,901
137,754
131,926
163,385
33,160
33,160
122,539
all
all
all
150,512 Leased to Richm. & Danv.
142,741 Lease-rental $260,000 per
33,160
130,225
1875
1876
1877
175,442
161,844
131,582
all
all
all
84,480
84,480
90,962
77,364
84,480
43,553
128,033
121,383
96,025
90,000
1875
1876
1,174,633
815,456
ito4
1,126,000
880,975
611,592
ito«
89,400
67,560
168,240
271,080
450,000
1877
836,280
415,200
338,353
400,256
911,245
683,434
ito4
415,200
496,045
115,821
105,000
2,569,500
179,865
24,000
annum.
-
1875
1876
1877
1875
1876
1877
512,192
747,962
562,046
294,993
311,965
378,343
384,144
560,972
421,535
i&a
all
all
221,249
233,974
283,758
all
all
all
Pays 6 p. c. on st’k.
Last year made connection
with 8av. & Char. RR. by a
new line of 10 miles.
rhe lease rentals are at fixed
rates, while revenue is dependent on the condition of
business; and the depression
in the coal trade is the main
cause
60,000
1,930,350
1,500,000
report is made.
1875
1876
1877
1,500,000
1,490,000
400,000
p. c. dividends for
last 10 years. Leases N. Y.
& Harl., paying therfor interest on bonds and 8 p. c.
on stock.
The Harlem is
here included, as no sep-
735,000
4,560
15,000
2,804,000
4,518,000
3,000,000
1,000,000
have been paid on stock.
all
all
all
187,280
197,134
584,000
8,213
-
$1,050,000.
422,872 Cumb. & Ohio RR. leased &
275,176 bonds at the rate of $10,000
253,042 p. m. guar. Moderate dive.
1,292,550
250,000
ra-organiza-
pending. A consolidated mortgage 7s gold, for
$15,000,000, due 'fon. 1,
1904, to take the place of
existing issues.
434,604 Leased in perpetuity to D.L.
492,983 & W.; lessees assuming all
530,767 liabilities and paying 7 p. c.
on the capital stock of
$15,000,000. Annual charge on
bonds is $1,382,220, and on
.
90,580
53,100
14,000
397,944
49,710
143,460
122,570
tion
stock
885,000
200,000
6,632,400
1,106,786
888,542
-
1877
1,294,000
1,475,714
1,184,723
1,222,507
Financial condition aftersale
of the road Sept. 6, "76, and
the scaling of the Carondelet
bds 50 p. c., Jan. 1, *78. Net
eam’gs, *76-77, for 1 yr. and
25 days ending Apr. 1, *77.
*
17,015
27,676
5,000,000
3,000,000
284,000
573,000
1,025,000
4,991,000
598,336
‘
22,686
36,901
116,096
U. P. So. Branch bonds
reduced by land sales.
»
1875
1,451,207
issues 3 and 4 take 4 p. c.
int. till *79, and in that yr.j5
are
1876
78,200
338,580
121,384
46,195
116,760
rental.
1,135,160 Close of year changed from
May 31 to Dec. 31. Seven
1,072,782 mos.netearn’gs,*77,$1,312,*
498, against $1,033,222 in
1876. TDiv. Apr., *78, 2 p. c.
24,000
977,500
5,643,000
1,517,300
769,920
1,668,000
53,000
as
p. c.
Northern Central—
1 Maryland loan, 6s,
2 2d mortgage, 6s, 8.
3 3d
s.
i&a
1&3
i&a
l&a
40,000
76,000
Remarks.
152,800
1875
1876
299,274
233,606
260,767
300,000
6g> 8terling> 1903
9,733,333
Sinking fund fHarl.) 7s, 1881.
117,329
Consol, mort. (Harl.), 7s, 1900 10,500,000
New York Providence & Boston—
1 1st mort., 6s, 1878
2 Extension mort., 6s, ’78 to ’81
[
$
246,232 Own lands,valuable for their
158,674 lumber and minerals, of
194,889 425,000 acres. Some of the
bonds have been in default
and coupons funded.
399,032
311,474
347,689
1,000,000
828,500
2,391,000
1,751,000
18,465,000
'
G.
if earned.
New York Central & Hud. Riy.—
l Debt certificates,
6s, 8. f., 1883
8 Bonds for stock, &o., 6s, 1883.
3 Renewal bonds, 6s, 1887
4 2d mort. (Hud. R.) 7s, s. f.,’85.
over sale
interest.
$
1875
1876
1877
2,535,000
8,000,000
2,100,000
556,000
8,498,000
128,590
12,360
Holyoke & Westfield, 7s, 1895
$
317,523
1,837,000
206,000
New London Northern—
l 1st
mortgage, 6s, 1885
a 2d mortgage, 7s, 1892
1874
1877
skg. f*d,7s, guar., 1900.
2d mortgage 6s, gold, 1887
New Haven & Northampton—
1 1st
mortgage 7s, 1899
2 Convertible 6s, 1880 & 1882..
,
.
F.
158,480
(branches), 6s, 1917.
...
earnings
less 25 per ct
E.
2,264,000
1,000.000
1st M.
D.
$!
183,495
321,230
4,700,000
300,000
Nashville & Decatur—
nel t
1875
1876
88,200
2dM.toU.8JN.&C.),4s,’81&*91
Cons.M.,7s($20,000p.m.,)1913
Less
25 percen t
70,000
•
Balance o f
total
nei t
paid fron) earning!
1,260,000
1,000,000
66,000
40,000
329,000
18,000
3
4 1st mort.
C.
$
Mobile & Ohio—
8s, 1883
1st mortgage, sterling, 6s, ’83.
Interest bonds, 8s, *76 and ’83
Interest sterling bonds, 6s, *83
Tennessee subs. 7s, gold, 1901.
1st mortgage fM. G. & T.) 8s..
2d mortgage 8s, 1877-1882...
Total
Amount.
Int’iJst that caii
'
800,000
2,433,000
lst(M.K.&T.)7s,g.(4p.c.)1904-6 14,752,000
2d mort., income, 6s, 1911
6,025,000
8 2dM.(Pac.of
Mo.),7s,skgfd.,’9L
3 Depot
bds. (Pac.of Mo.),8s, ’92
4 St. Louis
County debt,7s,’1885
B
B 3d mort. (Mo.
Pac.),7s, 1906..
Earnings.'
1,760,000
2,000,000
840,000
706,000
..
Missouri Pacific—
l 1st mort. (Pac.of
Mo.),6s,g.,*88
Net
12,000
140,800
160,000
67,200
70,600
Missouri Kansas & Texas—
1 1st M. (Tebo), 7s.
gold, 1903
2 1st M. (Han.&Cent.
Mo.)7s, ’90
3
lst(U.P.So.Br.)6s,g.,(4p. c.)*99
4
B
Fiscal Year.
B.
$
150,000
Morts.
8 1st
Charge on
said Bonds
standing.
(conv.), 10s, 1903
Memphis & Charleston—
l 1st mort., 78,1880
8 2d
mort., 7s, 1885
3 Consol,
mort., 7s, gold, 1912..
Michigan Central—
mort., 8s, 1882
8 Consol, mort.,
7s, 1902
3 Istmort. (M.
A.-L.)8s, 1890...
4
Equipment mort., 8s, 1883..
B
Annual
Interest
Amount of
Bonds Out
3 1st mort. (H.
& O.), 8a, 1891..
4 Consol, mort. (I.
gr.) 8s, 1892
B Consol,
,
[Juhb 39, 1878.
of the falling off in net
for the last 2 years.
revenue
220,821
400,686
291,371 1Forms pait of through route
Centennial
347,276 N. Y. to Phila.
400,686
161,360
24,000
24,000
24,000
year
pass’g’r earn’gs large.
270,998 1Leased to the Bost. Hart. &
287,965 Erie at 10 per cent on
354,343 stock.
Note—These tables
are intended to show the railroad bonds on which interest has been earned
by the roads themselves on which the bonds
secured, and not those on which interest is paid by lessees without being earned. In the first column, giving names and description, the small
figures at the left are simply for reference in the subsequent column “ F.” In the first column of figures, “ A,”,the total outstanding amount of
bonds of the road is given; in the column “ B,” the annual interest charge on such bonds; in the column “ C,” the
last three years for whicnearnings have been reported are given, the fiscal year of the company in each case being intended; the column “D” shows the total amount or
true net earnings, after deducting taxes, “ extraordinary” expenses, and all such as are necessary to the operation of the road; the column
iu
shows 75 per cent of such net earnings, which is assumed as a purely arbitrary basis which will make the list “
gilt-edged;’*
column
“F
snows
the particular classes of interest, in the order of their priority, which can be paid out of the 75 per
cent of net earnings in each year; the column
“G” shows the snmlns of total net eaminas /those /riven in column “TVb^nfter oaviner the classes of interest specified.
are
_______
[To be Continued In next “ Supplement*”]
&v-
'y
STOCK AND
BOND TABLES.
NOTES.
These tables
expressly intended to be used in connection with the information concerning Investment matters, published from week to
reek 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 “DebtState¬
are
ment” is issued.
Prices of all Stocks and Bonds are quoted weekly in the Chronicle.
The following will give explanations of each column of the tables below:
Description.—Railroads leased to others will often be found under the lessee’s name. The following abbreviations frequently
“mortgage,”
s.
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.”
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.
Size or Par Value.—'These figures are
Rate Per Cent.—The interest
When Payable.—J. & J.
dollars, showing the denominations or par value. The figures “ 100, Ac.,” signify $100 and larger.
per annum is given for bonds, but the per cent of last dividend for stocks; g means gold; x, extra; s, stock or scrip.
stands for Jan. & July; P. & A., Feb. & Aug.; M. & 8., March & Sept.; A. & O., April A Oct.; M. & N., May A Nov.; J. A
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 stocks.
STATE
Subscriber* will confer
a 2: re at
Date of
Bonds.
DESCRIPTION.
For
explanations
see
1876
1876
Substitute b’ds for RR. (B) ($596,000)...
do
for Ala. A Chatt. (C) ($1,000,<
1876
Educational funded debt
Funded “ obligations ”
1874
Arkansas—Funding bonds of 1869 and 1870... 1869 to ’70
1870
Funding Bonds 1870 (Holford)
Levee bonds (or warrants)
1871
Old unfunded debt, including interest
1838 to ’39
Ten year b’ds, Act May 29,’74
1874
Secured sinking fund bonds (Act. Dec., 11
To Memphis A Little Rock Railroad.—
To Little Rock A Fort Smith Railroad....
To Little Rock, Pine Blufls A N. Orleans RR..
To Miss., Ouachita A Red River Railroad
To Arkansas Central Railroad.
State scrip
California— Soldiers’ relief
1875
1869
1870
1870
1870
1870
1863
1863
1870 to ’72
1873
1863
State capital bonds
Funded debt bonds of 1873
Connecticut—War bonds, 20 year— I Coupon
War bonds, 20 year
1864
>
or
-do
not taxable, 20 year.. ) regist’d.
1865
New bonds, coupon, 10^20 year
1877
Dist. of Columbia— Perm’fc imp’t, gold, coup
1872
Permanent improvement bonds, coupon
1873
Fund, b’ds (U.8. guar., Acts June,’74A Feb.,’75)
1874
Market house bonds, coupon
1872
Water stock bonds, coupon
1871 to ’73
Wash, fund’g, gld,($660,000 M. AN.,due 1902).
1872
1869
Washington ten-year bonds (Bowen)
1828 to ’68
Other Washington debt, reg. stock...
; Corporation of Georgetown, registered stock.
Florida—State bonds
1871
1873
Consolidated gold bonds...
Loan to Jacksonville, Pensacola A Mobile RR.
1870
1858 to’66
Georgia—Atlantic A Gulf Railroad bonds
1866
Bonds, act of Mar. 12, ’66 (renewal W. A A.)..
1870 *
Quarterly gold bonds, act of Sept. 15,1870..
1872
Bonds, act of Jan. 18, ’72
Bonds for funding (Act Feb. 19, ’73)
1873
—
Bonds to fund coupons on endorsed bonds...
1876
Bonds exchanged for endorsed RR. bonds—
3877
Illinois—Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds
1876
Indiana—Bonds, short loan
1876
Bonds, short loan
8chool fund bonds (non-negotiable)
Iowa—War and defense bonds
1861
1861 to ’69
Kansas— Bonds, 1861 to ’69, funding, Ac
1861 to ’75
Bonds for various State purposes
1864 to ’65
Military loan
1853
Louisiana—Bonds for relief of State Treasury .
Bonds in aid of various railroads.
Levee bonds—Act 35 of 1865
1866
do
1867
Act 115 of 1867
do
1870
special—Act 32 of 1870
Bonds funding coupons
1866
do
to Boeuf A Crocodile Navigation Co...
1870
do
issued to State Penitentiary
1869
Alabama.—The State gives 30-year bonds, dated
per cent for 5 years, 3 per
cent for next 5 years, 4 per cent for next 10 years,
and 5 per cent for last 10 years, for old bonds, with¬
out any allowance for
past-due coupons. Ala. A
Chat, endorsed bonds are exchanged (for $1,000,000
of the new bonds, class C, which bear 2 per cent
for five years and 4 per cent for remaining 25 years).
For railroad endorsements the
bonds issued
bear 5 per cent. An analysis of the debt and fund¬
ing operations is in Y. 24, p 23. There were
$3,705,0Oj of railroad obligations unprovided for in
the “adjustment.” The value of all taxable property
is about
$160,000,000; tax rate, 7 mills. The as¬
sessed valuation of real estate in 1876 was $86,874,212. (V. 23, p. 39, 40, 397, 622; Y. 24, p. 28, 420.)
July 1, 1876, bearing 2
m
ils.
The State
is in default for interest, except on the ten per cents
of 1b74 and secured sinking fund bonds, issued
under the law of December, 1874. Assessed valua¬
tion of taxable property, $94,095,213.
The total
Interest overdue July l, 1876, was $4,127,682, making
total bonded debt, $15,903,310. (V. 20, p. 161; V.
23, p. 174; V. 24, p. 88, 42?, 466, 564; V. 25, p. 161.)
J California.—The State holds in trust for School
*»d University funds the $500,000 Capitol bonds
*nd
V
v'
$2,063,000 of bonds 1873. Total valuation of
property, 1876 and 1877, was as follows: Real estate,
$418,840,023 in 1877, against $454,990,351 in 1876;
personal property, $199,243,292 in 1877, against
$139,217,695 in 187C—total, $618,083,315 in 1877,
is
Size
notice of any
Outstanding
$100Ac.
$6,216,600
100 Ac.
100 Ac.
536,000
....
1,000
1,000
100 Ac.
....
....
1,000
1,000
1,000
1,000
1,000
515,000
2,810,670
1,000,000
1,886,000
1,316,000
1,986,773
1,985,955
258,300
375,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,353,120
'
500 Ac.
....
500 Ac.
1,000
1,000
100 Ac.
1,000
500 Ac.
....
50 Ac.
50 Ac.
1,000
100 Ac.
....
....
.
.
.
.
95i500
923,100
1.000
500
500 Ac.
4,000,000
1,000
250Ac.
1,000
1,000
1,000
1,000
®
n.
.
.
.
8
63,500
1,000
1,000
1,000
284,000
500
100 Ac.
A J.
A J.
A J.
.
J.
A J.
J.
A.
A.
A.
A.
A.
A
A
A
A
A
A
July 1,1906
July 1,1906
July 1,1906
do
Montgomery.
7
6 g.
8 g.
6
7
7 g.
7
8
7
6
6
6
6
6
6
6
6
7
6
7
7
6
6
S
J.
J.
J.
J.
A.
M.
J.
do
1899
1900
1900
do
J. New York, Latham, A. A Co.
O. / N. Y., Union Trust Co.
O.
do
do
O.
do
do
0.
do
do
0.
do
do
do
do
1893
•
Hartford, Treasury.
do
do
do
Jan. 1, 1883
Jan. 1, 1884
Oct. 1, 1885
do
do
do
Mayl, 1897
July 1,1891
Y.f First National Bank.
do
do ’
Oct., 1890
do
do
J.
July, 1892
do
O.
do
April 1,1879 to *86
do
J.
do
July 1, 1896
do
do
J.
Jan. 1, 1889
J. N. Y., Am. Exchange Bank.
Various
do
J.
do
Jan., 1880
do
do
S.
Jan., 1880
do
J.
do
Jan., 1880
D.
New York.
Dec. 1,1879
do
O.
April 1, 1879
Q.-J.
J. A
A. A
J. A
J. A
J. A
J. A
M. A
J. A
J. A
A. A
Various
J.
A J.
July.
J. A J.
J. A J.
J. A J.
Various
VariouF
A
A
A
A
A
Tax rate for 1876-7,
39; V. 26, p. 599.)
sinking fund of $130,700,and J.
P. and M. loan, the total debt is $1,284,100, which
does not include $132,000 bonds of 1357, held by
Indian Trust Fund.
Real and personal property
assessed in ’77 at $30,898,247; tax rate, 9 mills. The
in litiga¬
constitutional amendment in 1877
declared void several issues of bonds and railroad
end -rsements.
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
the bonds. The total State debt is $10,90^,500. As¬
sessed value of property in 1877 was as f-llows:
N.
S.
J.
J.
S.
New York, Kountze Bros.
N. Y., Donnell, L. A Co.
do
do
do
do
1883 to ’84
1878 to ’99
1884 to ’99
July, 1893
119,000
Amounts
1872 to 1906
1886
not
fundable, per
report of Jan. “
1, 1878.
May 1,
1907
March 1,1875
1886 A ’88
Jan. 1, 1890
March 1,1909
80,000
••••••••
j
Illinois.—There is also about $300,000 of int.
bonds inscribed stock, due Jan., 1878, yet out.
The Illinois Central Railroad charter tax on earn¬
ings contributes
revenue.
over $300,OoO per year to the State
:877 the total assessed value aa
local assessors was: lands, $491,704,-
For
equalized by
984; town and city lots, $208.521,'*»7; total, $892,4?2,315; total as equalized by State assess rs, $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
obligation to pay the Wabash A Erie
Valuation, 1877, of all taxable prop¬
erty, $8^5.190,125, against $864,720,440 in 1876 and
war
to the State’s
Canal debt.
$897,739,783 in 1875.
Tax rate, 1*3 mills.
A law
permitting towns to issue bonds
A similar law
was passed in 1875.
counties. (V. 19, r
passed for
493, 526; V. 21, p. 85; Y. 22, p. 104, 209, 615.)
was
Kansas.—Kansas has but a small State debt, bnt
the issues of municipal bonds have been large.
The
valuation of real and personal property
in 1877 was $136,019,113, against *132,’44,580 in
1876.
Tax rate, 5# mills for State purposes.
State funds hold $610,925 of the bonds. (V. 90, p. 14;
V. 24, p. 40.)
Louisiana.—The funding bill passed Jed. 24,1874,
scaled the debt down to 60 per cent of the face value.
Court decision
tax in 1877. five mills.
Vf'ted for Tex. A Pac PR. ip
Oov- mnr’g Me*»a?e. V. 24.
July 1, 1831
r
$15,000 )
Lands, $88,833,514; city and town property, $51,269,736; tota', including persona*, $235,659,53', against
$245,853,750 in 1876 and $261,755,884 in 1875; rate of
(V. 24, p. 89,152; V. 25, p. 188,162.)
1883
1885
.
M.
M.
J.
J.
M.
is
do
A
A
A
A
A
6
8
6
8
7
Jacksonville Pensacola & Mobile RR.
tion.
(V. 23, p. 576; Y. 25, p. 212.)
do
do
do
July 1,1891
A.
U. 8. Treasury.
Aug. 1,1924
J.
Washington, D. C.
July 26,1892
J.
do
Oct. 1,1901 to ’03
J. New York and Washington.
1892 A 1902
J.
Jan. 1, 1879
Washington, D. C.
do
Various
At pleasure.
do
1879-’84
Q.-J.
N. Y., Importers’ A Tr. B’k.
J. A J.
do
do
Jan. 1,1903
J. A J.
F. A A. N. Y., Fourth National B’k.
1881 and 1886
J. A J.
do
do
May, 1886
F.
J.
J.
J.
J.
57,000
12,000
April, 1900
J. A J.
112,000
49,000
80,000
1899
1900
1900
1900
Sacramento, Treasury.
A J.
A J.
A J.
A J.
A O.
A N.
A' J. N.
District of Columbia.—The total assessed value
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 Congr. ss. See law of 1878,
V. 23, p. 599. (V. 22, p. 131; V. 23, p. 542; V. 24. p.
p. 89.
July 1,1884.
-
N. Y., Union Trust Co.
J. A J.
Connecticut. —The debt of Connecticut was all
created originally fq* war purposes. Assessed va'ue
of real and personal property. 1877, $3 i4,406,977;
rate of taxation, 1# mills. (V. 24, p. 387.)
Georgia.—The
New York.
do
.
8
against $595,073,177 in 1876.
73# cents per $100.
Florida.—Less the
.
Due.
Whom.
1884
5 A 8
7 g7 g6 g6
6
6
5
6 g.
7
3-65
7
7
6 g.
6
49,500
1,000
1,000
J.
J.
J.
Principal when
Payable and by
Payable
'.
10
6
7
7
7
7
7
289,000
500
Where
■>
23,000
86,000
142,300
200,000
510,000
3,904,783
300,000
101,175
739,000
100 Ac.
100 Ac.
When
J. A J.
J. A J.
6
6
7
224,000
1,000
100 Ac.
o
2 Ac.
5
2 Ac.
800,000
3,600,000
2,097,000
307,500
800,000
542,000
2,298,000
1,000
.
Bate.
500,000
2,801,000
877,000
1,318,500
1,741,100
1,031,000
4,000,000
670,000
13,743,250
150,000
431,000
1,810,000
279,000
786,100 5, 6, 7*3
6
251,500
1.000
discovered In these Tables.
INTEREST
350.000
....
®
error
Amount
or
par
Value.
notes above.
Arkansas.—Rate of taxation, 10
SECURITIES.
favor by giving Immediate
Funding was resumed May, ’77, subject to Supreme
(SeeV. 24, p. 519). New bonds were
is afldrmed by the Supreme
and their validity
Court, but the Governor-
SECUBITIES.
STATE
Vi
Subscribers will confer a great favor
[Junk 29, 187a
by giving Immediate notice of any error discovered in these Tables,
INTEREST.
Date of
Bonds.
DESCRIPTION.
Por
explanation see notes on first page of tables.
Louisiana—( Continued)—
Bonds to fund floating debt of State.
to Mississippi A Mexican Gulf Canal
do
to Northern Louisiana A Texas RR. Co.
do
seliool A seminary, held by 8t. Treas..
do
Orleans, Mobile A Chatt. RR
Orleans, Mobile & Texas RR
N. O. Mob. & Texas RR. bonds, end. by State
1870
1869
to N.
to N.
do
do
Consolidated funded bonds
Bonds for Tex. A Pacific RR.
War loan bonds
($2,000,000)....
do
)
I
Bounty loan bonds
do
Coup.
or
j regisMunicipal war debt assumed
J tered.
Maryland—Baltimore A Ohio Railroad, sterling
Chesapeake A Ohio Canal, sterling
'
outstanding.
1,000
1,000
260,000
1,000
48,000
70,000
2,500,000
875,000
11,451,000
(?)
385,000
307,000
2,330,000
2,826,900
2,010,000
2,502,555
155,615
31,069
269,000
528,355
298,435
62,605
3,326,750
225,000
465,000
691,291
500,000
220,000
888,000
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
5,598,912
1,497,980
700,000
1,300,000
200,000
3,599,024
700,000
1,350,000
1,100,000
1,292,280
629,000
357,000
100 Ac.
....
500 Ac.
1,000
500 Ac.
100 Ac.
Where
When
whom.
Payable
Railroads and canals
;
,
Eastern Shore Railroad
Baltimore & Susquehanna Railroad
Chesapeake & Ohio Canal
•
.
,
•
1837
1870
-
1839
1839
1868
1870 A ’74
1872 A ’76 100 Ac.
1872
1878
500
1861 to ’62
Massachusetts—Back Bay Lands Loan
1863
Coast Defense Loan
1,000
1863
1,000
Bounty Fund Loan
1864
500 Ac.
Bounty Fund Loan
1864
£100 Ac
do
do sterling
1869
£200
War Loan, sterling^
1858 to’61 £200 Ac
Troy A Greenfield Railroad loan, sterling..
home
do
1861 to ’63 500 Ac.
do
1868
£100
do
do
sterling.,
1871
do
200 Ac.
do
sterling.,
1875
£500
do
do
sterling,
dollar bo>nds 1873 to ’74
do
do
1,000
1875
do
do
do
1,000
1860
Southern Vermont Railroad Loan
5,000
£200
Boston, Hartford A Erie Railroad, sterling... 1868 to’69
1874 A’76
Harbor Land Improvement (5-20s)
1,000
1874 A ’76
Danvers Lunatic Hospital
1,000
1875-’76
Lunatic Hospital, Worcester
1,000
1875
£500
New State Prisons, sterling
1863
1,000
Michigan—Two Million Loan
1865
1,000
War Bounty Bonds
1859
Sainte Mane Canal bonds
1,000
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
Baltimore A
.
■
...
-
1869
1873
Minnesota—State BuildingLoan
State Building loan, coupon
Railroad Bonds (not recognized)
Missouri—State bonds
Consolidated bonds
1858
1865 to ’66
1868
1872
University and Lunatic Asylum bonds
1874
State Bank stock refunding
1854 to ’58
Bonds to North Missouri Railroad
1857 to ’59
Bonds to Cairo & Fulton Railroad
1859 to ’60
Bonds to Platte County Railroad
1854 to ’59
Bonds to Iron Mountain Railroad
1853 to ’59
Pacific Railroad of Missouri
1857 to ’66
Southwestern Branch Pacific Railroad
1874
Funding bonds
1875-6
Renewal bonds, coup., 5-20s, (act Moh. 29, ’7t)
1857 to ’75
Hannibal & St. Joseph Railroad
1874
do
do
renewal
1877
Nebraska—Bonds (act Feb. 14,1877) coupon...
1871
Nevada—State bonds
1872
Territorial bonds
1864
New Hampshire—'War loan, coupon bonds
1872
Municipal war loan
1873
State bonds
1861
New Jersey— War loan bonds, tax free
1863
War loan bonds, tax free
1864
taxable.
do
do
1875
New York—
Canal debt,
of Constitution, and Art. 7, Sec. 12.
Under Art. 7, Sec. 3,
_
1873
1874
declined to sign them and the question of a manda¬
and
The assessed
value of real estate in 1877 was $133,164,847; per¬
sonal, $3S,468,83>. The gross revenue in 1877 was
$2,606,351, and expenses, $2,719,412. State tax rate,
14* mills. (V. 24, p. 469, 519; V. 25, p. SO; V. 26, p.
315, 342, 463, 470, 523, 6.5.)
rate 2 i
mus to
compel him is jet pending.
Jfuins.—The sinking fnnds ($911,436), January,
1878, reduce the total debt to a net amount of
Valuation of total taxables in 1875,
$255,000,000; tax rate in 1877, 3 mills. For 1878,
$4,962,464.
treasurer advises
-
1872
1873
mills.
Maryland.—The assessed valuation of property in
1877 was $418,468,023, on which the rate of taxation
was 1714 cents per $100; receipts from railroad,
canal and other stocks owned by the State was
$190,756. The State has largely assisted canals and
railroads, and holds $4,235,713 of stocks and bonds
ranked as productive, leaving $6,396,322 of debt
without any offset: the State also holds $23,360,682
in unproductive securities.
Massachusetts.—h\\ interest on the funded debt of
Massachusetts is
the State stands
paid in coin.
The credit of
high in Lonlon and at home.
During 1817 the funded debt was reduced
The sinking funds in January, 1878,
$330,0 0.
were $10,885,69 \
The Hoosac tunnel has eost the
State abont $17,666,070,including interest paid. Real
estate assessed in May, 1877, $1,191,499,228, against
$1,262,142 328 in 187>; personal, including bank
shares, $503,78j,5 4 in 1877, against $537,708,263
in 187*. Deposits in savings banks, November 1,
1877, $243,972,325; corporation property above real
estate and,machinery, $72,536,016.
The loan to B.
H. A E. Railroad was secured by deposit of $3,600,000 “ Berdell ” mortgage bonds, afterwards ex¬
changed for N. Y. A N. E. RR. stock, and had
asinking fund of $1,027,879 Janaary 1,1873. (V. 23,
p. 854; V. 26, p. 40, ;23.)
Michigan.—The debt has been largely diminished
la the
last few years.
Assessed valuation of real
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
100
100
100
100
100
Ac.
Ac.
Ac.
Ac.
Ac.
£g»g
( 05.3 S’S
6‘
M.'&'S.
6
6
6
5* g.
F.'
J.
A.
J.
J.
&
&
A
&
&
do
do
1897
le-
5
3
6
6
6
6
6
6
6
6
5 g5 g5 g.
5
51:
5
g.
5
5
5
5
5
5
5
5
5
5
5
5
5
6
7
6
7
7
7
6
6
6
Augusta and Boston.
London, Baring Bros.
A. A O.
do
do
do
JuartJ
do
do
do
do
do
do
do
do
do
do
do
do
Q.
A. A O.
do
do
do
do
do
do
J. A J.
J. A J.
J. A J.
J. & J.
M. & N.
J. & J.
J. & J.
M. AN.
M. & N.
J. & J.
A. & O.
A. & O.
A. & O.
J. A J.
& J.
& J.
do
do
do
do
do
do
Boston, Treasury.
do
do
Boston, Treasury.
do
do
do
do
London, Baring Bros.
Bostoa, Treasury.
,
are now
held by
the permanent school fund. Minnesota has refused
to recognize the “State Railroad bonds” of 1858
to the amount of $2,275,000. A proposed constitu¬
tional amendment in 1877 provided for a settlement
with the holders, but was defeated by a large
Taxable property, 1875, $218,855,743, of
which $45,162,467 was personal; in 1876, $218,850,744,
of which $45,302,4S5 was personal; in 1877, $220,925,638, of which $45,141,659 was personal. State tax,
2 mills; tax for all purposes in counties averages
17# mills. (V. 22, p. 63, 567; V. 24, p. 40, 170, 227.)
Missouri.—'The equalized valuation of all real
and personal property in 14*7 was $610,558,840.
The tax rate is 40c. per $100. To provide for bonds
maturing ($838,000 in 1877 and $490,000 in la78) a
majority.
law of 1875 authorized the sale of new bonds.
The
Hannibal A St. Joseph Railroad provides for its
own debt.
(V. 22, p. S3, 591; V. 23, p. 135, 397,
493; V. 24, p. 171, 321, 542.)
Nebraska—Ot these the State school fund holds
$425,267. There are also $50,003 10.per cent “Grass¬
1890
May 1, 1894
May 1, 1894
July 1, 1889
Oct., 1888 to '90
April, 1890 to ’94
April, 1882
July, 1891
Jan. 1, 1895
July, 1891 to *94
July 1, 1895
April 1,1890
July 1,1900
Sept. 1,1894-96
London, Baring Bros.
do
do
1890
1890
1880 A 1890
May 1, 1880
July 1, 1883
July 1, 1883
do
do
do
do
Aug. 15,1880
June 1,1889
Oot. 1,1889
1890
1885
1890 •
1890
1883
1885 A *89
1887 A 1891
1887
1888 to 1893
London, Baring Bros.
A. A O.
J. & J.
& J.
chase of bonds.
Jan., 1914
-
Boston, Treasury.
A\J.
personal property, 1877, $630,000,000. and tax
mills. Surplus revenue is applied to pur¬
April, 1911
.
laltimore, State Agency.
Q.-J.
July 1,1910
March 1,1883
do
do
do
a
1899
1909
Boston, Suffolk Bank.
A.
D.
O.
J.
J.
Various
Boston, Treasury,
Various
do
do
J. & J.
■London, McCalmonts.
J. A J. N. Y., Am. Exchange Bank,
M. A N.
ao
do
J. & J.
do
do
46,000
& J.
St. Paul, Treasury,
50,000
& J.
do
do
250,000J. & D.
2,275,000
J. & J. N. Y., Bank of Commerce,
439,000
do
do
J. & J.
2,727,000
do
J. A J.
do
401,000
J. & J.
do
do
6
104,000
do
6
do
J. & J.
1,945,000
do
do
6
J. A J.
392,000
do
do
6
J. A J.
504,000
do
do
6
J. A J.
1,528,000
do
do
6
J. A J.
2,971,000
do
6
do
J. A J.
784,000
do
6
J. A J.
do
1,000,000
do
do
6
J. A J.
3,805,000
6
A J.
1,518,000
N, Y., B’k N. America,
do
do
6
A J.
1,482,000
A. A O.
State Treasury.
8
549,267
State Treasury,
160.000 9*3 & 10 Various
do
M. A S.
9*2
330,000
M. A S.
Concord or Boston,
6
600,000
do
do
6
J. A J.
2,206,100
do
do
J. A J.
500,000
6
6
J. A J. Trenton and Jersey City,
700,000
do
do
6
J. A J.
900,900
do
do
6
J. A J.
595,400
6 g- J. A J.
N. Y., Manhattan Bank,
473,000
do
do
6 g- J. A J.
1,562,900
do
do
847,500
««• J. A J.
do
do
J. A J.
4,302,600
do
do
6 g. A. A O.
2,000,000
Minnesota.—All the State bonds
May, 1910
Sar report of
1
8
5
9
.
7
0
243781
-
au
ue.
payable and by
6
' M. A N.
7*30 M. & S.
260,000 Amounts not
A. & O.
8
fundable,
6
Various
48,000
J. A J.
8
70,000
ct. 1, 1877.
A. & O. 2,500,000
8
8
875,000
7
J. A*J.
N. Y., Winslow, L. A Co.
10,000
1,000
1,000
1,000
1868
1838
1838
Various.
1839
Rate.
$6,000
$1,000
1869
1857
1870
1871
1869
1874
1878
1863
1863
1864
Principal
when
sip
Amount
Size or
Par
Value.
,
J’lyl,’94-Sep.l,’96
Mayl’95-8ep.l,’96
Jan. 1, 1895
Jan. 1, 1883
May, 1890
July, 1879
July 1,1879
July 1,1883
Dec., 1887
1883
1888
July,, 1892
1877 to ’88
1877 to ’89
1889 to ’90
1877 to’89
1876 to’87
1876
July, 1894
1895-6
1887 to ’95
April 1,1897
1881 and ’82
March, 1887
Sept., 1884 A ’89
Jan., ’92 to 1905
July 1,1879 A '80
Jan., 1879 to ’84
Jan., 1886 to ’96
Jan., ’97 to 1902
Oct., 1893
July, 1887
Jan. 1,1883
July 1,1891
Oct. 1,1892
.
able $100,000 per year. Valuation of real property
in 1877. $419,729,400; personal $123,868,381; total,
$566,250,697, against $596,833,707 in 1676, and $612,731,094 in 1875. State tax, 3% mills.
New York.—The following were valuations and
for State purposes iu the years 1859 and
tax rate
1865, and from 1870 to 1877
Year.
Real Estate.
Personal.
1865
$1,097,564,524
1,158,32?,371
$307,319,155
392.552.314
1,532,720,907
1,599,930,166
1,644,379,410
1,692,523,071
1.750,698.918
1,960,352,703
2,108,325,872
2.376,252,178
431,280,278
452,607,732
147,243,035
18«5
1876
State tax.
2*
4 53-80
7 41-156
5 79-120
Qix
437.102.315
6 95-100
418,608,955
407,427,399
l*
311-24
357,941,401
3 1-6
379,4*8,140
The general fund debt will be paid in July, 1
and ine canal debt only, of about $9,000,000.
then remain. The gross St^te debt, Sept. 30, 1977,
was $10,957 014 and town, county, and city debts in
December," 1875, were $241,079,859. (V. 22, p. 63,
471; V. 24, p. 17, 49; V. 26, p. 18, 117.)
North Carolina.—North Carolina is heavily burden¬
hopper” bonds of 1875, due Mar. 1, 1885, interest ed with debt, in proportion to her taxable property.
p ud J. A J. Real estate in 1877 assessed at $37,- Total property was assessed in 1876-7 at $148,975,987; personal at $33,335,591; tax rate, 6% mills. 564,557; 1875, $152,516,023; 1874, $189,953,361: 1873,
Interest is paid on bonds issued
$143,723,813.
(V. 24, p. 204.)
to North Carolina Railroad ($2,800,000), as the
Nevada.—The debt of Nevada is hardly more than
State holds $3,000,200 stock and receives div¬
nominal, as the bonds are principally held in State idends thereon. Other interest in default. A fund¬
funds.
•
ing bill passed the Legislature March, 1875, (See
Chronicle, V. 20, pv 336,) but nothing was done
under it.
Ih New. York, bonds are classified
thus : VOld,” beimA those issued prior to May!.
1861, coupons on Item Jan. ’69; **N. C. R._B.
issue of $2,800,000 to that road, coups, on since
Jan. A April, ’69; *ame “coup, off” nave had 7
coups, paid: “funding act ’66 * carry coups. Jan.,
’69;
** funding act ^68” carry coupons April,
poses, and is provided for by sinking funds,
which amounted Jan. 1.1878, to $1,453,435. Of the, ’69. “ New ’’—authorized before war, except $1»W«*009 in 1868; “Special tax, 1st,” carry coup. April
first two classes of bonds the principal is pay¬
New Hampshire.—The debt of New Hampshire
was created for war purposes, and is being gradually
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be applied to their
war debts.
Total valuation in 18«6, $199,080,353.
Tax rate, $2 per $1,000.
New Jersey.—The debt was created for war pur¬
June 29,
STATE
1878.J
Subscribers will confer
a
great flavor by giving immediate notice of any error discovered In these Tables.
DESCRIPTION.
Date of
Bonds.
Size
6
J.
3,639,400
6
6
6
6
A. & O.
1,000
1,000
100 &c.
100 &c.
Special tax bonds
....
1,000
1,000
Registered loan, payable after June, 1886..
1860
1856
100 &c.
100 &c.
Oregon—Bounty bonds
....
Modoc war bouds
Willamette Canal and Lock
-
m
1870
Pennsylvania—Reg. bonds, tax fr., (red’ble ’92).
Inclined plane loan
Coupon loan (except $53,000 reg.), April 2
do
April 2
...
Coupon loan (except $41,000 reg.) of April 19.
Stock loan of Feb. 2 (registered)
«•
(coupon)
(registered)
(registered)...:
(registered)
do
Agricultural College land scrip
Rhode Island—War bonds.
War bonds
do
do
South Carolina—State stock
State House stock
do
bonds
Funding bonds and stock
Ridge Railroad bonds
Funding bills receivable
Payment of interest
Funding bank bills
Blue
Conversion bonds and stock
Land commission bonds
Fire loan bonds, sterling
do
stock, domestic
Bonds—Relief State Treasury
.
Vet’n Pension bonds, act Apl.,’74, (red’ble’79)
Redemption of debt, act Aug. 6, ’76
~.
Vermont— War loan bouds, coupon
War loan bonds, registered.
Virginia—Old bonds, % fundable, coupon
Old bonds, 23 fundable, registered
do
sterling, not required to be funded
Consol. (Act Mar. y71) coup, tax receivable—
do
do
reg., conv. into coup...
do
(Act 1872) “Peeler,” cp., not reo’ble.
do
do
reg^
do
Deferred certificates (W. Va.).
Interest on sterling debt, funded (Act 1871)..
Interest unpaid Sept. 30, ’76, on debt proper.
69; “2d” coup.of Oct.’69: “3d” coup. April, 1870.
(V. 21, p. 570; V. 23, p. 599, 615,647; Y. 24, p. 17,226.)
very
small State debt, but
large local debts, amounting in 1877 to $39,328,5* 9
against $36,059,973 in 1876. Valuations in 1877
were: Real estate in cities, &c., $378,449,113; other,
$706,347,619; personalty, $490,5^4,810.
Total taxes
levied in 1877 $4,531,235 for State purposes, 2 9
mills, and $22,975,512 on all local taxes. (V. 24, p,
17.)
:
•
bonds.
per
cent loan of 18,000,-
000 was sold to take up maturing bonds. Total debt
Nov. 30, 77, $22,943,814; available assets. $9,054,910;
'
net
*
debt, $18,924,039. No tax is laid for State
estate, and revenue is raised
purposes on real
_
principally from corporations. Taxes are levied
on personal property, which was assessed in 18 77
at $159,318,817. and the tax was $574,817.
State
expenses have lately exceeded revenue, and sinking
.
funds have been diverted to meet the deficiency.
The State holds $1,754,331 in stocks and
of railroad bonds. Interest has been paid in gold on
the State debt issued prior to 1867, but the bonds
paid off in 1877 were paid in currency. Any coupon
$7,900^000
bonds may be changed to registered.
:
The bonds
due in 1877 are payable at any time till 1882; those
Of 1882 till 1892. (V. 21, p. 137; V. 22, p. 64; V. 24,
p. 414, 421, 469; Y.26, p. IS.)
.
\t
....
•
Rhode Island.—The debt was all created for war
purposes and is being steadily diminished.
The
valuation of real property in 1876 was $185,159,848,
and personal, $86,89**,928, and tax rate 15 cents on
.$100.
v
s.
•
•
.
.
.
....
Various
1873
Various
1,000
1,000
Various
Various.
•
•
•
.
1872
1871
1872
1874
1874
1876
1862
1862
1851 to ’66
1851 to’66
1851
1871
1871
1872
1872
1871
1871
_
.
.
1,000
•'
1,000
1,000
1,000
100
1,000
500,&c.
500,&c.
500&C
\
Van’s )
£100 &c
100,&e.
100,&c.
100, &c100,&c.
Various
Various
6
6
6
6
6
7
7
7
5
6 g•
5 g-
& J.
90,400
.
g.
g.
g.
g.
g.
g.
g.
g.
g-
6
South Carolina.—The funding law approved Dec.
23,1878, provided for scaling down the old debt by
Oct., 1898
do
5, 5^4, 6
5
6
6
7
7
7
10
6
6
6
f
6
l
6
2,331,250
18,740,800
1,483,715
2,185,100
1,152,800
15,239,370
212,833
5
6
6
6
6
6
F. & A.
Phila., Farm. <fc Mech. B’k.
.
^
i?i
S.
O.
J.
A.
&
&
&
&
do
do
do
do
Harrisburg Treasury.
Providence, R. I. H. & T. Co.
&
&
&
&
&
&
&
&
&
J
J.
J.
J.
0.
O.
J.
J.
J.
do
do
do
do
do
do
Columbia, State Treasury.
do
do
do
do
Columbia and New York.
Columbia, Treasury.
Columbia and New York.
do
do
do
do
do
do
do
do
g.
April, 1879
July, 1882
July, 1882
Aug., 1878
Feb., 1877 to’82
Feb., 1877 to’82
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892
i, 1882
April 1,1883
July 1, 1893
Aug. 1, 1894
At pleasure.
Sept,
1877 to *86
1871 to *80
July 1,1887 to ’9*3
July 1,1875 to’79
July 1,1888
July 1,1888
July 1,1889
July 1,1882
J. &
J. &
J. &
J. &
London.
Columbia.
J. Columbia & Fis. Agen. N.Y.
J.
J.
New York or Columbia.
do
J.
do
July i, 1868
July 1,1868
J.
J. N.
July 1, 1914
&
do
do
....
J. & J. N. Y., Fourth Nat. Bank.
Various
State Treasury.
M.
S. N.Y., Donnell,La wson<& Co.
J. & J.
do
do
do
J. & J.
do
J. & J.
State Treasury.
J. & J. New York & State Treasury.
J. & D. Boston, N. B. Mut. Red’n.
J. &
J. &
J. &
J. &
J. &
J. &
J. &
J. &
J. &
J. &
D.
J.
J.
J.
J.
J.
1888
July 1,1893
July 1,1893
Y., Fourth Nat. Bank.
1875 to 1900
1900
1875 to 1900
Various.
1891
1911
1892
March 1,1904
1894
Montpelier, Treasury.
New York.
Richmond, Treasury.
London, Baring B. & Co.
Richmond, Treasury,
do
J.
J.
do
do
J.
J.
London, Baring B. & C?v
July, 1906
Dec. 1, 1878
Dec. 1, 1890
1886 to’95
At pleasure
1886
1905
1905
'
Contingent
1905
....
A committee to investigate
were
properly
issued was appointed in 1877, and reported Jan¬
uary, 1878 (V. 26, p. 143), rejecting certain num¬
bers of the consolidated bonds.
A court of claims
to hear the bondholders was appointed, and met in
May, 1878. Total valuation of all property—in 1876,
real estate,
$86,187,120; personal, $40,598,376; rail¬
property, $6,347,112, making a total of $133.132,**38. In 1877 total was about $135,73 *.863. Rate
of taxation in
1877, 7 mills. (24, p. 199,445,445,
543, 557; Y. 25, p. 79, 641; V. 26, p. 68, 143, 232, 257,
420, 463.)
Tennessee.—The coupons of July, 1875, together
with those of
July, 1874, and January, 1875, re¬
paid in September, 1876.
railroads, January, 1877, was
$3,458,145, and total debt, less that amount,
$22,852,011, including $129,020 outstanding war¬
maining due, were
The debt of solvent
and $2^088,746 past-due interest, against
which $95,68** is owed by solvent railroads. The
State’s endorsements for railroads are $1,802,000, of
which $1,560,000 is taken care of by the roads.
Bonds to amount of $75,000 were o\er-due in 1876,
and $80,000 more fall due in 1877: these are fund
able at the option of the Legislature.
Later
statement, V. 25, p. 477. Total valuations in 1877
rants
$2 6 0 0,000; total in 1876, $278,020,531, against $288,138,583 in 1875. The rate of taxation was reduced
from 40 cents on the $100 to 10 cents by the Legis¬
lature, in March 1877, Tennessee bonds sold in
New York as “old,” are those issued before 1862;
“New,” issued since 1882; “New Series,” the new
funding bonds. (Y. 21, p. 87. 313,614; V. 22.p. 472;
V. 23. p. 16, 397; V. 24. p. 40, 112. 289. 519; V. *5, p.
458, 477, 585, 619, 632; V. 26, p. 68.) *
Texas.—For all bonds, except 10s of 1894, the
Interest and 2 per cent of principal yearly are pro¬
vided for by special
of taxable property
appropriations. The valuation
in 1877 was about $316,000,000
against $257,632,00) in 1876. Tax rate, 50. From the
last Comptroller’s report, for the fiscal year
1875-6,
we have the following statistics:
Total value of taxable property assessed. $257,632,009
State tax
1,288,249
Poll tax
211,084
Miles of RR. in the State ass’d for taxes...
1,493
Value of railroads, &c
$16,577,508
55,950,038 acres of land assessed at
110,238,629
Value of lots assessed in the State
45,674,101
....
(V. 28, p. 452; V. 24,
p.
535; Y. 25,
p.
115.)
Vermont.—This State has
a very small debt—all
Of the registered bonds
$135,500 are held for Agricultural College. The
sinking fund, Aug. 1., 1876, was $135,932.
created for
war
purposes.
Virginia—These amounts are exclusive of
bonds held by Literary fund and Sinking fund.
The Funding act of 1871 provided that coupons
of the funded bonds should be receivable for
State taxes. For two-thirds of the old bonds a new
bond was issued, and fer the other X a deferred
certificate given (as the proportion due by West
Virginia). The act of 1812 amended that of 1871
by not allowing coupons to he received for taxes.
The sinking fund holds $5,145,271 of State bonds
and certificates.
All interest overdue Septem¬
ber. 80, 1877, was $4,188,141, and the to al principal
of debt proper $29,350,816.
Assessed value of
real estate in 1878 was $242,756,548. against $251.573.611 in 1878.
Personalty in 1876, $78,560,940.
Tax rate, 5 mills. A case involving the taxation
of consols is
A
on
appeal to the U. S. Supreme Court.
funding bill was passed in 1878, which will
probably never be carried out. (V. 26, p. 266.)
(V. 23, p. 599; V. 25, p. 198, 256 585: V. 26, p. 68,
135, 181, 209, 2S2, 342, 859, 884, 420, 524.)
new
/
V,
1884
1880
1880
Feb. 1,1902
Q.-J.
Q.—J.
....
g.
gg.
July, 188$.
Jan., 1887
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Q.-J.
J.
J.
J.
J.
A.
A.
J.
J.
J.
giving new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount
of $5,965,000. The interest due in July, 1876, was
bonds and ascertain what consols
1898 to ’99
Y., American Exch. B’k.
J. & J.
5 & 6
4,188,141
only paid in part.
Indefinite.
New York.
do
do
State Treasury.
do
do
do
do
.
g.
g-
Jan., 1900
Oct., 1898
J. & J.
J. & J.
J. & J.
M.
A.
J.
F.
to *98
to *98
to*9d
to’98
Raleigh, Treasury.
F. & A.
F. & A.
F. & A.
F. & A.
F. & A.
F. & A.
g-
1868
1868
1868
1868
do
do
do
do
do
J. &J.
J. & J.
4^g. J. & J.
5
6
6
5
6
5
6
6
6
6
6
3
6
6
6
6
6
6
6
6
6
5
6
7
6
6
6
Due.
New York.
A. & 0.
J. & J.
A. & O.
J. & J.
A. & O.
A. & O.
J. & J. N.
J. & J.
6
9,251,850
723,950
500,000
975,000
200,000
631,000
738,000
17,411
289,172
192,000
238,933
469,000
72,000
149,000
242,350
451,000
13,000
481,944
151,780
7,000
241,257
4,023,000
149,254
4,797,608
6,617,000
16,194,000
661,000
460,000
396,000
75,000
697,000
500,000
1,000,000
1,153,974
1,564,000
34,000
137,000
6,401,285
J.
Principal—When
Whom.
& J.
road
Oregon.—The debt is provided for by sinking
funds, payable from land sales. Taxable property
in 1875 was assessed at $41,197,149; X mill tax
was laid for Relief bonds and 1 mill for Bounty
Pennsylvania—The new 5
•
1873
1874
Various.
Various.
def’se,gold,act Aug.5,’70(red’ble ’91)
deficiency bonds, act Dec. % 1871..
Bonds, act Mar., 1874 (for paying float’gdebt)
a
....
.
Frontier
Revenue
Ohio.—Ohio has
....
Dec., 1873
Bonds, registerable, not presented
Held by E.T. University (not to be funded)...
Texas—Funding State debt (act May 2,1871)...
*
+
^
Reduction of Public Debt stock
Consolidated bonds, coup. (Funding act)
do
stock (Funding act)
Railroad endorsements
Tennessee—New funding bonds, act of 1873
Bonds registered, act of 1873
Fundable bonds and coup, not yet presented
-
m
100 &c.
1877
1849
1852
1,000
1852
1,000
1853
1,000
1867
50 &e.
1867
500 &c.
1867
50 &c.
1867
50 &c.
1867
50 &c.
1872
1862
1,000
1863
1,000
1863
1,000
1864
1,000
1794
Various
1836 to’61 Various
1853 to ’54
1,000
1866
50,&c
1854
1,000
1868
1,000
1868
1,000
1868
500,&e.
1869
500,&c.
1869 to ’70 500,&c.
1838
1838 ’
1869
•
!
m
2,383,000
1,695,000
2,417,400
1,711,400
383,045
44,000
11,407,000
4,072,640
2,400,000
26,500
130,991
160,000
8,000,000
400,000
395,000
87,000
273,000
2,556,250
367,000
Where Payable and by
Payable
$4,738,800
......
do
do
do
Rate.
500 &c.
1868
1867
1868
Ohio— Register’d loan, payable after June, 1881
When
$500Ac.
......
1866
war
do
Registered certificates of literary fund.
Penitentiary bonds, act Aug. 24, 1868
do
do
do
do
outstanding.
Value.
North Carolina—RR. andimprovem’t bonds, old
Railroad and improvement bouds, old
RR. and improv’t bonds, new (not special tax)
do
do
do
do
ao
INTEREST.
Amount
or
par
For explanations see notes on first page of tables.
Funding bonds, since
SEOUBITIES.
CITY SECURITIES,
▼iii
Subscribers will confer
a
great favor by giving Immediate notlee ol any error discovered
Size or
par
Date of
bonds.
DESCRIPTION.
Albany. If. T.—Albany A Northern Railroad Pn
Relief of drafted men
Purchase Congress Hall Block
i
City improvement
Washington Park
New Post Office site
High School
W ftter stook
Addit’nal
due
are 7s)
Western Avenue improvement bonds
Bonds loaned to Albany A Susquehanna RR..
i.906-3
Auqusta, Oa.—Bonds for various purposes
City bonds, tax free
Baltimore—Consolidated loan of 1890
Loan of 187.7, reg. stock redeem, at will
Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park
improvement loan
Five million loan to Baltimore & Ohio RR....
One million loan to Pittsb. A Connellsville RR
New
do
do
do
do
Consolidated loan
Court house loan
1863
1853
1853
1870
Funding loan
Railroad
Valley Railroad
Patterson Park extension
Water loan ($263,000 only are 5s)
Endorsements for Western Maryland RR
do
Union Railroad
do
$237,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
46,000
150,000
491,000
624,000
118,000
80,000
250,000
900,000
165,000
1,000,000
1,886,250
128,500
7,306,546
5,000,000
1874
1872
1872
1873
1872
1874
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ao.
Ac.
Ac.
Ac.
Ac.
Ao.
Ac.
100 Ac,
100 Ac
1858 to’72 100 Ac.
Bangor, Me.—City debt proper
1874
1,000
Municipal loan
500 Ac.
1875
Water loan bonds, coup. (Act Feb. 22, 1875).
1869
1,000
European A North American Railroad
1869
1,000
Bangor A Piscataquis Railroad
Various
Bath, Me.—City notes
"
Funded debt
Railroad loan
-
Androscoggin Railroad
Knox A Lincoln Railroad ($23,750 each year)
do
do
1852 to ’64
Boston—For city purposes, war debt. Ao
1864 to ’77
do
ao
do
1873
Burnt distriot, sterling loan
1869
Consolidated street improvem’t, sterling loan.
1860 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
Brighton debt, assumed
West Roxbury debt, assumed
1858
Water loan, new main. Brookline Reservoir...
1867 to’71
do
Chestnut Hill reservoir
1871
do
renewal of loan due ’70-71, all reg.
1872
do
’72-73
do
Water works, Roxbury, coupon and registered 1868 to ’70
1871 to ’74
do
Roxbury A Dorchester
1871
do
Dorchester, all registered
W. Roxbury A Brighton, all reg 1875 to’77
do
1876
do
do
,
reg—
1872 to ’75
Additional supply water
1871 to ’74
Various purposes, for water works
1875-’7G
Water loan bonds, gold, coupon or reg
Public park and school buildings, registered.. 1877-’78
1877-’78
Improved sewerage, registered
Jbrooxlyn—Debt of Williamsburgh, local impr’t 1859 to '61
1861
Brooklyn local improvement loan
1857
Mount Prospect Square loan
1865
Soldiers’ aid fund loan
Third street improvement loan, local
Gowanuscanalimprovement loan, local....
do
Bushwick avenue
South Seventh street do
Union street
Fourth
avenue
do
do
do
do
do
do
do
do
do
do
do
do
dor
do
Wallabout Bay
do
do
Kent avenue basin do
do
New York Bridge loan, registered and coupon
Bonds for N. Y. A Brooklyn Bridge, cp. or reg.
outstanding.
$1,000
250
500
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
1868
1870
1874
1864
City Hall
do
Western Maryland
Jones’ Falls
1854
1864
1866
1870-11
1870-’77
1874
1875
1851 A’52
1874-’77
1877
1865
Various.
1876
Various.
1877
1863
1865
1860
Various.
Various.
Various.
Various.
Various.
1,000
1,000
£100Ac
£100 Ac
1,000
Various.
500 Ac.
1,000
Various.
Various.
1,000
1,000
£100 Ac
1867
1866
1865
1866
1867
1862
1867
1867
1869
1870
1876-’78
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
•
Rate.
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
500.000
936,661
92,400
800,000
2,000,000
1,000,000
609,200
1,015,300
200,000
1,549,600
1,375,000
117,000
156,000
100,000
375,000
1,000,000
814,000
104,588
112.500
193,000
425,000
475,000
243,000
3,521,800
14,288,500
4,997,603
3,449,199
392,300
104.500
1,060,000
1,228,000
183,641
410,000
394,000
2,040,000
688,000
1,947,273
700,000
465,000
375,000
370,000
100,000
648,000
366,000
3,452,000
550,000
143,000
138,000
213,000
90,000
552,000
302,000
236,000
216,000
258,000
260,000
190,000
206,000
198,000
427,000
3,000,000
3,150,000
6
6
6
7
6 A 7
7
7
6
6 A 7
6
6
7
7
6
5
6
6
6
6
6
6
6
6
6
5
5
6
6
6
6
6
6
M. A N.
J. A D.
F. A A.
M. A S.
M. A N.
M. A N.
M. A N.
F. A A.
F. A A.
F. A A.
M. A N.
Various
A. A O.
5A6
J. A J.
to
$8 08X
cn
the $100. Population in 1870 was 267,-
Principal—when
due.
payable and by
whom.
Payable
May, 1879
June, 1880 to’84
Boston, Merchants’ Bank. Feb., 1885 to’94
New York,
March, !79 to 1900
do
Nov., 1910,11,*12
New York,
do
do
do
do
do
do
New York.
May 1,1879 to’85
Feb., 1881
Feb. 1, 1893-1912
Feb. 1,1912
1895-*97
1878 to ’89
Augusta.
1 QOO
July 1,1890
July 1,1916
Sept. 1,1893
Sept. 1,1893
Sept. 1,1890
Jan. 1,1895
Jan. 1,1890
Jan. 1,1886
July 1,1884
April 15,1900
March 7,1902 *
Balto., Farm. A Plan. Bank.
M. A N. Balto., N. Mechanics’ Bank,
Q.-J
M. A S.
M. A S.
do
do
do
do
do
do
do
do
Q.—M.
Balto., Farm. A Plan. Bank.
J. A J. Balto., N. Mechanics’Bank.
Balto., Farm. A Plan. Bank,
do
do
do
do
do
do
1885
At will.
Balto., N. Mechanics’ Bank.
Balto., Farm. A Plan. Bank.
J.-A J. Baltimore,Register’s Office.
J. A J. Balto., N. Mechanics’ Bank.
do
Q.—F.
A. A O.
M. A S.
do
Baltimore,Register’s Office,
do
do
July 1,1900
Feb. 1,1894
Jan. 1,1902
April 9,1900
Oct. 31,1886
March 8, 1892
July 1,1894
A J Balto., N. Mechanics* Bank. Jan. 1 »90A 1900
Jan 1,1895
A J Baltimore, Franklin Bank.
6
6
J.
J.
6
6
Various Boston, Merchants’ N. B’k.
1878 to’92
Boston or Bangor.
Jan. 1,1894
J. A J.
6
J. A J. Boston, Merch’ts’ Nat. B’k.
July 1,1905
do
Jan. 1,1894
do
J. A J.
6
A. A O
do
do
6 A 7
April 1,1899
1878 to 1879
6
Various
City Treasury,
do
J. A J.
6
July 1, 1887
1883 to 1898
do
6
Various
6
A. A O City Treasury and Boston,
April 1, 1891
do
do
J. A J.
6
July 1,1880 to *99
Feb. 1, 1902
F. A A.
do
do
6
1878 to’87
Various Boston, Treasurer’s Office.
do
do
1878 to’97
Various
A. A O. London, Baring Brothers,
April, 1893
do
J. A J.
July, 1899
1878 to’84
5, 5*2, 6 Various Boston, Treasurer’s Office,
1878 to’81
do
do
Various
7
1882 to’93
do
do
Various
5 A 6
1881 to’94
do
do
5 A 6
Various
1878 to ’81
do
do
6^2 A 7 Various
do
do
1878 to ’91
6*2 A 7 Various
do
do
A. A O.
Oot., 1878
1880 to 1901
do
do
Various
do
do *
A. A O.
6
April, 1901
Oct.. 1902
5 g- A. A O. London .Baring Brothers.
1880 to ’99
Various Boston, Treasurer’s Office,
6
do
1901 to 1903
do
6
Various
do
do
6
J. A J.
Jan., 1901
1905 to 1907
do
do
Various
5 A 6
do
do
A. A O.
April, 1906
1902 to 1905
do
do
Various
1901
to 1904
do
do
Various
6
1905 A 1906
do
do
A. A O.
5 g
do
do
June A Oot., 1887
Various
419
do
do
A. A O.
Oct., 1897
5
1879 to’81
6
J. A J.
Brooklyn,
1891
do
M. A N.
7
1887
do
6
J. A Jdo
1885 to’94
7
J. A J.
1881
do
A J.
6
1878 to 90
do
J. A J.
7
1878 to’90
do
J. A J.
7
1878 to’90
do
7
J. A Ji
1878 to’86
do
J. A J.
7
1878 to’95
do
J. A J.
6
do
1878 to ’95
J. A J.
7
1876 to ’90
do
J. A J.
7
1879
do
J. A J.
7
1901 to’24
do
J. A J.
7
1907 to 1912
do
6A7
J. A J.
l8-
51:
S8
58
Albany.—The loan to Albany A Susquehanna 354, against 212,418 in 1860. (V. 22, p. 589; V. 23, p.
by 1st mortgage.
The valuation of 514; V. 24, p. 12; V. 25, p. 137, 334.)
Bangor, Me— The valuation of real and personal
property in Albany County in 1816, by local as¬
sessment, was: Real estate, $47,039,8% ; personal, property is $11,052,211; rate of taxation, 2 50 per
cent
The loans to European A North American
$5,300,151; total, $52,340,049. In 1816, total equal¬
ized valuation by State Board, $58,460,770.
Tax Railroad and to Bangor A Piscataquis Railroad are
secured by first mortgages on those roads.
rate, 2*49.
Bath, Me.—Total debt, $1,730,688, of which
Augusta.—Of this debt, $600,000 was issued for
railroads, and balance for canal enlargement, $1,513,600 is on account of railroads. The city
water works, Ac. Most of the debt is held at holds a frst mortgage on the Androscoggin road
home. Taxable valuation, $14,401,000; tax rate, for the debt, and 2d and 3d mortgages on the Knox
A Lincoln for its proportion of $895,000 out of a
$158 per $100.
Baltimore.—The, fiscal year of Baltimore ends total of $2,395,000 Donas issued by several cities in
now with December 31, instead of Oct. 31.
The aid of the latter road. Unexpended balances of
sinking fund for Baltimore A Ohio RR $5,000,000 appropriations and 3 per cent on city debt are ap¬
loan is $1,958,623; West. Maryland Railioad sink¬ propriated annually to the liquidation of the princi¬
ing fond, $166,180; and *tne total of all the pal. Tax valuation, 1871, $6,469,480; 1876, $7,221,905.
Boston. —The population of Boston in 1870 was
sinking funds, $8,640,411. The Balt. A Ohio RR.
pays interest on $5,000,000 loan; Water loan is paid 292,497. against 177,840 in 1860; in 1875 it was, 841,919.
by income of water works, and Public Park by City Valuation of real property in 1877, including the re¬
cent annexations, was $481,409,300. against $528,145,rassenger Railway, and out of a total debt of
$34,092,965, $19,741,853 is dependent on the tax 700 in 1876; and Dersonal, $205,892,800, against $222,levy. The net debt over productive assets is given 732,400; upon which the rate of taxation is $1310
at $9,257,445, against which are held $4,889,772 of
$1,000, against $1370 per $1,000 in 1875.
he total funded debt April 30,1878, was $42,457,022,
unproductive assets. The Baltimore Sun says of
the estimates for 1878, that owing to the change in and the sinking funds, bonds, mortgages, Ac.,
the fiscal year they will cover 14 mon ths instead of $16,297,245. The following is a comparison of the
12 months as formerly. The basis or taxation is appropriations granted by the City Council, and
$255,000,000. The amount required to be raised, income to be received for the fiscal year ending
including the Heating debt, is $4,879,639. Less the April 30,1879, compared with 1877-8:
1877-8.
1878-9.
floating debt ($1,479,726) the amount required is
$10,267,258
$9,555,892
$34*99,913. It is recommended to fund $1 .uuO.OOO of Appropriations
the floating debt. Thekax rate to cover fourteen Income
2,369,100
2,306,950
$7,898,158
Per centage.
Where
When
is secured
months is mere as ed from $1 75 to $1 90 on the $100.
State taxes having been increased from 1714 cents
to 1814 cents on the $100, the total is therefore in
creased of city and "tatetaxps from $1 92V in 1877
In these Tables,
INTEREST.
Amount
value.
For explanations see notes on first page of tables.
supply ($i<j<j,00b
[June £9. 1678.
$7,248,942
236,946
217,468
$8,135,104
$7,466,410
Placing the tax to be paid to the State at $412,74(^
result:
the tax warrants exhibit the following
1878-9.
1877-8.
City and County
State, 1877
$8,135,104
619,110
$7,466,410
412,740
$8,754,214
$7,879,150
;
If the assessed valuations are reduced to
$660,000,-
090, the tax rate required is estimated to be nearly
the same as in 187/, when it was $13*10 per $1,000.
During the last forty years, with three excep¬
tions; the taxable valuation has shown an annual
increase.
(V. 26, p. 89.)
Brooklyn.—The above bonds were outstanding
Jan. 1, 1878. There are also $27,000 7 per cent.
Nat. Guard bonds due 1880-81.
The Mayor’s
message,
as
January 1,1818, made the whole city debt
follows:
Permanent loans
.
$28,113,500
4,660,747
Sinking funds
Balance
$23,452,732
King’s Co. debt (City’a share)
; 8,831,180
Loans chargeable on specified property.. 10,923,000
Tax certificates
2,500,000
,
l
■>
Total net debt..
I
—The debt increased in 1876
$40,706,938
$781,623, and in 1877
$659,382. ‘Population in 1870,396,200. against 266,661
in 1860. Valuation of property in 1877. by the local
assessment, was $216,481,801 for real estate, and
June 29,
CITY SECURITIES.
1878.]
8abacrlben will
confer a
great lfcvor by giving Immediate notice of any error discovered In tbeee Tables*
DESCRIPTION.
For explanations
see notes on
Date of
Bonds.
coupon
loan
Deficiency bonds
Permanent water loan
do
do
$1,000
do
do
S’th B’klyn
Assessment fund bonds, continuous, local....
sewer
bonds..
Buffalo, N. -F".—Funded debt bonds
Buffalo & Jamestown Railroad
Buffalo New York & Philadelphia Railroad...
Waterworks bonds
Water bonds, coupon
Park bonds (Act May 17,1875).
1870
1873
1876 to’78
1853 to’75
1873 to *75
1871 to ’73
1868 to ’76
1876
1876
1876
1877
1858 to’63
1864
1863
1856 to’76
1873-’74
1874-5
1866
1866 to *76
1865
1867 to’75
1869-71
56781
Tax loan bonds
Tax loan bonds, coup
Cambridge. Mass.—City bonds
City bonds
do
1,000
1,000
1,000
1,000
1,000
i,obo
500 &c.
1,000
1,000
^
.
.
.
.
.
.
^
Chelsea, Mass.—Funded debt
•
Funded debt
•
1,000
•
*
•
.
^
•
•
•
•>
do
Water loan
Chicago—W ater loan
Water loan
-
•
1,000
1,000
1,000
500,&c.
1,000
1,000
....
...
_
1*.
....
Sewerage bonds
....
do
.
River improvement bonds
.
.
500 &c.
.
1,000
1,000
....
Municipal bonds
Municipal and School bonds
.
.
.
.
500 &c.
South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Div.)...
1870
1,000
Cook County debt
1863 to’72 500 &c.
Bonds for erection of
a
Workhouse.
Bonds for improving GilD
Bonds to build Eggleston
Cincinnati Southern RR
\
do
do
do
do
Floating debt bonds,
Park improvement
($3,142,000
ar
■
1844 to *54
1855
1868
1868
1860 to ’61
1855
1847 to’50
1847 to *48
1867-’68
1853
1853
1858
1869
1869
1869
1871
1871-’72
1871
1872-’74
1874
1876
500 &c.
500 &c.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500 &c.
1,000
500 &o.
1874
1875
coupon
Water-works bonds..:
1,000
1,000
1,000
1875
1876
Hospital bonds
Street improvement bonds, short....
Cleveland—Water works ($225,000 ar
Funded debt ($100,000 are 6 p. ct.).
Lake View Park
Canal and canal lock/.
School ($294,000 are 6 p. ct.)
House of Correction
Main sewers, special assessment...
Street improvem’ts do
Street openings, &c. do
1,000
1,000
1,000
1,000
1,000
1,000
.
.
m
...
1854 to’75
1854 to’74
1872 to *74
m
m
•
....
*
....
.
.
.
.
1874 to’76
1864 to’71
1868
1860 to’76
Infirmary and River dredging
......
1876-77
.....
...
*
.....
....
•
.
•
•
J.
J.
M.
J.
&
&
&
&
&
&
&
assessed at $39,968,105; in 1876 rule of valua¬ funded debt, $4,540,000 is on account of the
changed and assessment was $111,995,905. In Water Works, which last year yielded an income
1877 real
tion
*2, p.233, 521; V. 23, p.135.).
..
Tax
1853
$13,130,677
$3,711,154
$....
5,355,893
I8:i0
1862
1963
21,887,500
25,892,303
31,193,135
31,587,545
66,495,116
..
ill
140,857,040
174,505,410
211,3 Tl,240
223,643,600
236,898,650
3 years
3 years
3 years
from date.
from date.
from date.
1880
1875
1878-1881
1878 to 1895
1893 to 1895
1881 to 1893]
1878 to 1926
5,843,776
5 855,377
5,552,300
19,447,941
51,a92,0O4
53,939,469
51,653,640
52,342,950
52,817,820
debts of
20
13
14
15
15
10
00
00
00
00
00
00
Feb.
17,1883
Aug. 1,1891-*97
1878 to »97
July 1, ’82 to *95
July 1,1880
1880 to ’95
1890 to ’95
July, 1895 <fe ’96
1881 to *99
1878to *79
1890
May 1.1880-’92
1880 to *84
Nov., 1885
June, 1888
1888 & 1889
Jan., 1890
Nov., 1890
April 1,1895
March, 1897
1897
Jan., 1900
June & Oct., 1900
March, 1908
Sept., 1899
Sept., 1899
Oct., 1899
March 1,1886
Aug., 1886-’97
Dec. 1,1891
July 1, 1902
July 1, 1902
May 1, 1906
May 15,1904
Jan. 1, 1896
Aug.,*85, *90 &*95
May 1,1906
1879* to"*95
1878
1887
1894
1878
to *94
to *92
to *96
to *88
1878, *83 & *84
1878 to’92
1878 to *84
..
1878 to *86
1878-’87
city, but of distinct corporations.
192, 280,
(V. 23, p. 622; V. 24, p. 443; V. 26, p.
436, 522.)
Cincinnati.—In
addition to
the
issues
above
named, there remain several smaller amounts, as follows: $108,000 5s, November. 1834; $56,000 (YY2, &
O.) 6s, 1886-88; $17,000 6s (Q.), Nov., 1800; $27,000
6s (A.), Mar., 1697; $50,000 (H2.), Aug., 1897;/t50,000
(Z.), Nov., 1888. By the census of 1870 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 1860 and from 1870 to 1877: *
Rate tax
Year.
1860..
15 00
the
1879 to 1883
1879 to 1895
1870..
1871..
1872..
1873..
1874..
Real
estate.
Personal
estate.
$61,620,904 $31,411,812
78,736,482
57,370,754
123,427,888
56,934,044
119,621,856
55,462,410
64,166,460
121,479,230
123,231,790
58,718,284
Total
valuation.
$93,032,716
136,107,236
180,861,932
175,084,296
185,645,740
181,950,074
1K75.. 125,9.6,835
58,521,730
184.498,565
1876.. 127,143,900
1877.. 128,820,270
56,809,066
50,609,872
183,952,966
179,430,142
per
$1,000.
$17 45
81 60
22 20
20 10
23 06
23 38
28 82
27 04
29 10
239.154,890
45,042,540
15 00
282,969,820
49,103,175
18 00
258,549,310
45.155,830
18 00
125,468,605
181,222,460
113,584 314
48.295,641
18 00
36,815,713
34,715,834
18 00
—The city is the sole owner of the stock of the
Cincinnati Southern Railroad, which is leased to a
company formed to operate it. (V. 28. p. 879, 614;
V. 24, p. 11; V. 25, p. 16; V. 26, p. 384, 469, 522.)
Tax valua’ion, 1878, $17,759,- Population in 1870 was 3)6,606, and in October, 1876,
Total debt, $1,729A0<>. Popula¬ 407,661, against 109,250 in 1860. - The So. Park, W.
Chicago Park, and Lincoln Park loanB are not
Cleveland.—The valuation of property foi taxation
1877 was $51,732,029 real, and $19.296.122personal;
tax rate, 1878,1717-20 mills, of which 8 1-5 millB are
levied for interest and sinking fund. The sinking
The assessed value of real estate in 1877
$18,669,623; personal, $7,922,155; rate of tax, $2 60 per $100.
(V. 28, p. 860.)
be added annually.
1873
1874
was
Chelsea, Mass.—Sinking fund, $45,800, and $21,00)
to
x
,
Rate.
"S Charleston, 8. C.—'The bonds of Charleston are
mostly held within the State of South Carolina.
Assessed Value.
Personal.
nearly all in city bands at par and stamped “ not
negotiable.”
Only $52,000 debt matures before
1881.
Tax valuation, 1875, $68,623,014; 1877, $55,000,600. Total debt, $4,805,175. Population, 1875,
47,838,
rate, $1 70.
tion, 1875, 20,737.
/
Real Estate.
Cambridge, Mass.—The sinking funds amounted
to $711,387, December 1, 1876. The investments are
JS0;
$842,352.
Ypn.
1881 to 1908
v
were
on the $1,010. Since June 1, 1817, coupon
bonds have been exchangeable for registered. (V.
1915 to *24
1915 to’24
J.
J.
N.
J.
J.
J.
J.
199,493
232,382
106,000
100,000
150,000
1.597,000
689,000
514,000
100,000
698,000
55,000
485,000
162,000
3,898,454
51,500
266,800
500,000
A. & O. Boston, N. Bk. Redemption
149,000
Various
do
do
1,170,000
F. & A.
do
do
100,000
F. & A.
do
do
200,000
J. & J.
New York and Boston.
880,000
J. & J.
do
do
3,660,000
do
do
J. & J.
87,000
J. & J.
do
do
2,550,000
J. & J.
do
do
2,621,000
do
J. & J.
do
195,000
J. & J.
do
do
3,408,000
J. & J.
New York and Boston.
2,000,000
J. & J. N.Y., GreenhaumBros.&Co.
640,000
M.& N. N. Y., Metropolitan Bank.
4,191,500
Variolic N. Y., Am. Exchange Bank,
1,062,000
do
ao
M. & N.
210,000
do
J. & D.
do
250,000
do
do
Various
300,000
do
J. & *J.
do
99,000
do
do
M. & N.
195,000
do
A. & O.
do
397,500
M. & N.
do
do
146,500
do
do
Various
750,000
do
do
J. & J.
60,000
do
Various
do
175,000
Cincinnati.
M. & 8.
100,000
M. & 8. N. Y., Am. Exch. Nat. Bk.
150,000
do
M. & 8.
do
150,000
do
do
A. & O.
100,000
do
do
M. & 8.
136,000
do
do
F. & A.
450,000
do
do
J. & D.
600,000
do
do
J. & J.
700,000
do
do
J. & J.
9,300,000
New York or London.
6,000,000 6g. or 7*3 M. & N.
IM. & N. N. Y., Ain. Exch. Nat. B’k.
7
1,000,000
do
do
J. <fc J.
50,000
do
do
F. & A.
300,000
do
M. & N.
do
50,000
307,500
Various N. Y., Am. Exch. Nat. B’k.
1,700,000
do
do
Various
1,431,000
do
do
Various
315,000
do
do
Various
264,000
do
do
Various
409,000
do
do
J. & J.
200,000
do
do
Various
647,259
do
do
Various
1,335,441
do
do
Various
1,010,463
do
do
111,000
decision of the Ill. Supreme Court in Feb., 1878,
$1243
Due.
Various
Buffalo and New York.
Various
Buffalo.
4
Various
Buffalo and New York.
Various
!
do
do
J. & J.
N. Y., Gallatin N. Bk.
July 1,1896 l
M. & 8.
Prior to 1936 i
Buffalo & New York,
J. & J.
do
do
July 1,1878-’81
J. tfc J.
do
do
July 1,1879-’82
Various Boston, Bank Redemption
1878 to 1882
A. & O.
do
do
April 1,1889
J. & J.
JW 1,1893
Boston, Tremont Bank.
J. & J. Boston, Bank Redemption Jan. 1,1881 to ’96
J. & J.
Jan. 1, 1903-4-5
do
do
A. & O.
do
do
Apr.& Oct. I,’84r5
J. & J.
do
do
July 2,1886
J. & J.
do
do
July 1,1881 to *96
F. & A.
do
do
Aug. 1,1883
A. & O.
do
•
do
Apl. 1,1887-1895
M. & N.
do
do
May, 1889-1891
1878 to '96
Charleston,
Q.
Various
do
1883 to *84
J. & J.
1890
New York City.
Buffalo.—The funded debt, January 1, 1877, was held the certificates of debt issued prior to May,
$4,126,250, exclusive of water bonds, and floating 1877, as in violation of this and void. A subse¬
debt, $338,273. In 1875 real and personal property quent decision held city scrip of 1877 valid. Of the
of
principal—When
slpai-
Whom.
& J.
$13,111,215 for pergonal; total real and personal;
Chicago.—The total funded debt Jan. 1,1878, was
$229,593,016, against $227,013,123 in 1876. The debt $13,861,000. Old certificates of indebtedness,
of Kings County, separate from the debt of Brook¬ $485,513.
Revenue time
warrants, $2,784,133.
lyn, is $4,181,821, or whieh the city is responsible Assessed value of real propertv, 1877, $113,634,for nineteen-twentieths. Average tax rate in
1877, 314; personal, $34,715,884—total, $148,400,148. Tax
$3 17 per $100, against $3 25 in 1876. (V. 24, p. 63; rate, 1877, 2*704. This is the Illinois State valuation,
V. 25, p. 358; V. 26, p. 282.)
and the city debt is limited to5 percent of that. A
estate was $91,130,870; personalty, $8,844,705; total, $99,975,575. Buffalo also pays 7-10 (being
$712,390) of Erie county debt. City tax-rate, 1877,
Where Payable and by
Payable
100,000
500 &c.
do
500 &c.
do
500 &c.
Water loan
1,000
do
500 &c.
do
1,000
do
1,000
do
1,000
Charleston, 8. C.—City stock
1853 to’54
City bonds, coupon
Fire loan bonds, coupon.
1866
Conversion bonds, to redeem past due debt...
B
When
Rate.
$8,017,000
1,217,000
319,000
9,706,000
1,510,500
1,870,000
200,000
4,744,000
618,000
842,000
2,500,000
2,147,250
1,000,000
750,000
2,829,382
100,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Sewerage fund bonds, continuous, local....
Central and Knickerbocker av.
Boulevard bonds
Temporary tax certificates
outstanding.
Value.
1860 to *73
1860 to ’72
1872 •
1857 to ’72
1872 to’75
INTEREST.
Amount.
or
par
first page of tables
Brooklyn—( Continued)—
Prospect Park loan, registered and
Prospect Park
Size
1975 :
1876
1677
'
..
•
in
CITY
SECURITIES.
[Jukb 29, 1878.
Subscribers will cooler a arreat favor by giving immediate notice of any error discovered in
Date of
DESCRIPTION.
bonds.
& D.)
Bonds
Bonds
value.
1873 to’77
1877
1878
Detroit, Mich .- 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
Public
sewer
to’74
to’74
to’75
to ’73
to’66
1875-’76
1872
1871
1870
1872
1865
bonds
Elizabeth, N. J.—Improvement bonds
Funded debt bonds
School House bonds
^Market House bonds
Consolidated improvement bonds
FaU River, Mass.—City notes
City bonds
do
do
Amount
or
par
For explanations see notes on first page of tables.
Cleveland—( Continued)—
Viaduct (mostly F. & A., A. & O. and J.
Size
outstanding.
$1,000
$1,568,000
1,000
1,000
213,000
1,000
1,000
1,000
1,000
7
m
200,000
m.
1,000
m
m
do
do
Fitchburg, Mass.—City notes
430,500
7
1000&C.
268,200
5, 6, 7
600,000
400,000
300,000
372,000
850,000
50,000
400,000
300,000
100,000
505,500
306,000
414,000
250,000
125,000
475,000
202,000
500,000
130,000
300,000
1,000,000
227,000
243,000
250,000
226,500
155,000
500,000
300,000
5 g.
6
6
6
6
7
6
6
6
10
8
10
6
6
6
6
6
6
6
6
6 & 7
6
6
7
6
6
7*3
7-3
73
73
73
8
5
6
7
6
7
7
7
7
6 & 7
7
7
7
7
7
7
7
7
....
i,obo
City bonds
Water loan
1,000
do
1,000
Galveston, Texas- Bonds for various purposes... 1860 to ’74
Limited debt bonds (sinking fund 2 per cent).
1877
Galveston County bonds, G. C. & 8. F. RR
1876
Hartford, Conn.—Water bonds ($50,000 due’81)
1,000
1,000
Water bonds
do
do
100 &c.
1,000
1,000
1,000
1,000
1,000
....
City bonds (H. P. & F. RR )
Park bonds (4 of these bonds are for
Funded debt
$500 each)
Capitol bonds
Holyoke, Mass.—City notes
City bonds
Water loan
Railroad loan
($60,000 are J. & J.)
Indianapolis—Bonds to railroads
Bonds U) Un. RR. Transfer Stock Yard Co
Loan bonds, series A
do
do
B
do
do
C
do
do
D
Purchase-money bonds—Southern Park
School bonds—By Board of School Comm’ra.
School loan, coup
Jersey City—Water loan bonds, mostly
Water loan bonds, mostly coupon
do
do
.
1877 •
coupon. 1852 to ’67
1869 to ’73
do
1,000
1,000
1,000
500
1,000
1,000
do
Morgan street dock
300,000
1,000
1,000
1,000
300,000
200,000
109,500
100,000
100,000
1,163,000
3,109,800
255,000
622,000
1,866,000
500
1,000
1,000
1,000
1,000
1,000
1,000
1877
1873
500 &c.
1871
1872 to ’74
1,000
1870
1,000
Various.
1,000
1872
1,000
Various. Various
1869
l,000&c
Forty-year bonds
Improvement bonds
do
1871-’74
1874
1872
1873
1869 to ’70
1877
1873
1874
1874
1875
1874
1873
'
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000
*
dtybonds,
coupon
Funded debt bonds
Hudson City bonds
Bergen school loan bonds
do
1869
sewerage bonds
do
improvement and water bonds
do
bounty loan
Greenville street improvement bonds
Ten-year bonds, coupon or registered
1869
Various.
Various.
1876
1859 to ’64
1862 to’75
1874
1873-’75
Lawrence, Mass.—Funded debt
Funded debt
do
Water loan
l,000&c
l,000&c
Various
500 &o.
A
5000&C.
SOOO&c.
1,000
500 &c.
Lewiston, Jfc.—City bonds ($25,000 each year).
City bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1891)
1852
Louisville, Ky.—For Jeffersonville RR. stock...
1854
Subscription to stock of L. & N. RR
Water works
I
1857 to ’67
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 & P. Railroad
Wharf property
'54/62,3,8
fund, Jan.,’76. amounted to $1,700,000, market value.
The sewer, street improvement and street opening
bonds are for special local improvements, ana
redeemed by assessments on the property bene¬
fited.
249.000
150,000
91,700
133,000
262,000
1,300,000
50,000
100,000
320,000
224,000
500,000
143,000
892,000
1,335,000
76,000
201,000
600,000
•
Lewiston & Auburn Railroad
Water bonds
do
For improvement of streets
c
1,000
1,000
1,000
1,000
1,000
1,000
1,000
650,000
1,000
1,000
1,000
1,000
1,000
202,000
81,000
425,000
1,993,000
293,000
m
Elizabeth, N. J.—Total debt of the city of Eliza¬
-
•
Various
Various
J. & J.
5*2
6
6
6
6
6
6
6
5
J.
& D.
J.
J.
A.
A.
A.
& J.
*2,430,000.
sonal
Estimated true value of real and per¬
property, $32,000,000; assessed valuation,
$16,000,000. Tax rate is $2 50 within the lamp
and water district,
in 1875. 25,000.
and $2 10 outside.
FaU Biver. Mass.—The sinking
Population
fund amounted to
*HS,0 S8, January 1, 1877. The water works are
completed. Total debt, $3,537,047.
tion, lt>75,45,840.
now
'
Fitchburg, Mass.—Sinking fund, $69,500.
Popula¬
Total
debt. $894,993.
Tax valuation, 1876, $il,7H,888.
Bonds all coupon. Population, 1875,12,289.
Galveston, Texas.—The total city debt Sept. 1, ’77,
was $861,400, of which all are 10 per cent, currency,
except $35,010 park 8s, due 1892-1902, and the limited
dfcbt bonds. (V. 25, p. 283.)
ing
do
do
do
do
do
do
July 1,1894
Oct. 1, '90,
6
6
6
7
6
7
7
6
6
7
7
6
for 1878, 8% mills for city is recommended.
There arc a few other small issues, amount¬
in all to abont $50,000.
to 1906
July 1,1878 &'82
City Treasury.
June
do
do
do
do
1,1883 & '88
July 1/L885&1901
July 1, '93-1913
& J.
& O.
& O. N. Y., Mercantile N. Bank.
do
do
& O.
N. Y., Bank of America.
Various
M. & S.
do
do
Louisville.
Various
N. Y., Bank of America.
J. & J.
Various N. Y., Bank of America.
Various New York and Louisville.
J. & J. Louisville, City Treasurer.
N. Y., Bank of America.
J. & D.
do
do
Various
Various Louisville and New York.
is included in tax rates and amount above
given.
1878-1884
1878-to 1892
Boston, Tremont Bank.
A. & O.
J. & J.
Hartford, Conn.—Total debt, April, 1878, $3,050,-
but
do
Y., Farmers’ L. & T. Co.
V
Holyoke, Mass— Bonds all coupon, hut can be
Detroit, Mich.—'The amounts of bonds outstanding registered. Sinking fund, $12,000.
Total debt,
ars given less those held by sinking fuud.
The $96i,5!)0. Tax valuation, 1877, $9,399,820. Popula¬
population in 1870 was 79,001; in 1874, by State cen¬ tion, 1875, 16,260.
tos. 101,083.
The value of waterworks is $2,483,880,
Indianapolis.—The assessment of taxable prop¬
against a debt of $1,551,000. The water works bonds
jare issued on a pledge of the city credit, and $75,000 erty in 1877 was $55,367,215; taxes for that year,
per year collected in taxes to pay interest on them. $620,112, or a levy of $112 per $100. The bonds
Assessed valuation, 1877, real estate, $71,359,605; to Union RR. Transfer Stock Yard Co. are secured
personal, $22,319,770— total, $93,709,375, which is by mortgage on the property. The School Buard
made on the basis or true value, but prior to 1876 is a distinct organization from the city, created
assessments were on basis of 30 per cent of real by a separate act of the Legislature; levies its
own tax, which is collected by the City Treasurer,
Value.
Tax rate, $0 92 8*10 per $100.
beth Jan. 1, 1878, was stated at $5,380,000, as fol¬
lows: General debt, $2,950,000; assessment debt.
do
do
do
do
do
*
000; net. after deducting resources, $2,152,100. lax
rate in 1877/9X mills for city, and
for town pur¬
poses;
1898
1878 to ’89
1878 to 1906
1879 to ’91
1892 to'94
1878 to '81
1880 to '95
1881 to '93
1878 to '86
1885 to '96
1878 to 1888
1878 to 1891
Y., Metropolitan N. Bk.
do
do
Various
do
do
do
do
Various
do
A. & 0.
do
Various
City Treasury.
do
Various
F. & A.
Aug. 1,1894
Boston, Revere Bank.
M. & N. Boston, Bank Redemption.
May 1,1895
Nov. 1,1878-1880
M. & N.
do
do
Nov. 1,1892-1906
do
M. & N.
do
do
do
F. & A.
Aug. 1,1899-1905
Nov. 20,1882
M. & N.
City Treasury.
J. & J. Boston, Merchants’ Bank.
July 1,1893
do
do
J. & J.
July 1,1891
do
do
J. & J.
July 1,1895-1906
1874 to '95 M
Various
Galveston.
1907
do
M. & S.
1906
New York.
J. & J.
J. & D. Merchants’ Bank, Boston. June 1,1879 &'81
do
do
J. & J.
July 1, 1881
Phoenix Bank, Hartford.
J. & J.
July 1,1890-’93
F. & A.
Aug. 1, 1900
City Treasury.
June 1, 1891
Suffolk Bank, Boston.
J. & J.
F. & A. Merchants’ Bank, Boston. Aug. 1,1882 & '84
Jan. 1, 1893
J. & J*
City Treasury.
Jan. 1, 1897
do
J. & J.
1878 to 1886
Various
City Treasury.
Oct, 1,1889
do
A. & O.
Jan. 1,1900
do
J. & J.
do
A. & 0.
Jan.&Apr.l, 1894
Jan. 1,1889, to'90
Jan.
City Treasury.
Jan. 1, 1897
N. Y., Winslow, L. & Co.
J. & J.
do
do
J. & J.
July 1, 1893
do
do
J.
J.
July 1, 1894
do
do
J. & J.
July 1, 1894
do
do
July 1, 1895
J. & J.
Jan. 1, 1899
do
do
J. & J.
Oct. 1, 1878
do
do
A. & O.
Oct. 1, 1882
do
do
A. & O.
J. <L J. N. Y., Merch. Ex. N. Bank. Jan., 1879 to'95 •
1899 to 1913
do
do
Various
do
do
J. & J.
July 1,1907
do
do
J. & J.
July 1,1913
May, 1891
M. & N.
do*
do
1892 to'94
do
do
Various
June 8, 1900
do
do
J. & J.
Various.
do
do
Various
do
do
J. & J.
July 1,1896
Various.
do
do
Various
do
do
Jan., '98 to 1900
J. & J.
do
do
J. & J.
July, 1889
do
do
J. & J.
July 1,1879 & '89
Various.
do
do
Various
Various.
do
■*
J. & J.
do
June 1,1886
do
do
J. & D.
‘
-
m
1893 & 1907
Sept. 1, ’78, to '86
Various
2,477,000
>
m
Various N.
Various
Various
F. & A.
Various N.
1,000
1,000
1,000
1,000
Water loan
New York.
do
M. & S.
m
due.
whom.
payable
Large.
1,000
1,000
Principal—When
pavable and by
5, 6, & 7 Various N. Y., Am. Exch. Nat. B’k.
141,400
1,501,000
600,000
340,500
729,500
767,000
90,000
66,000
m
Where
When
Rate.
6
6
7
7
7
7
7
7
7
7
m
these Tables*
INTEREST.
Oct.1/97-1907-’17
April, 1882
April, 1883
1887, '89, 91 •
March 1.1883
1886/ 96, '97
July 1, 1903
1891, '92 & 1903
1883 to '89 July, 1898
June, 1901
1888 & 1903
1878 to 1898
Louisville.—The funded debt, January 1,
exclusive of loans payable by railroads,
1878,
was
$8,182,000, against $-<,258,000 January 1,1877. Of
the $8,182,000 there is payable out of the sinking
fund $3,664,000; payable by special tax, $4,518,009.
Population by census of 1870 was 100,750, against
68,038 in 1850; now estimated upon the basis of 7 to
a
Assessed value of
voter makes 120.000.
property
highest in 1874, being then $78,295,114; in 1878 it
is $63,194,437. Rate of taxation for all city purposes
in 1877 was $2 25 on $100 in each district. The fol¬
lowing figures give the assessed property valuation
for the past nine years. For 1870, $70,806,712; 1871,
was
t76,845,995;
78,295,114; 1872,
1875, $77,156,642;
$75,536,812; 1873,
1876, $77,225,372;
$71,849,772; 1874,
1877,
$63,191,487.
order
that this
understood, the
$63,522,947; 1878,
In
shrinkage in values may bo better
following table is added:
c
•
1878.
1876.
1874.
impr’ts.$62,218,922 $56,380,964
9,696 40 ! 8,061,150
Merchandise
Residuary
.
5,664,930 6,897,733
Personalty.......
714,860 . 509,9J)
Grounds^
$48,770,596
7,213.601
6,614,321
59o,989
The
his
message,
May,
1S78,
says
that
the
Mayor
in
City, real $54,581,869, personal $6,0 8,t50; Hoboken,
floatiog debt, Jan. 1, 1878, was $1,038,654, 1 ss
real $14,016,900,^personal $1,449,400; Bayonne, real
I
$5,183,255, personal $159,"75. Population by State $761/02 of available tax bills. He says a’so:
deem it entirely appropriate to state here that the
census in 1875 was 116,883, against 85,000 by U. S.
bonded debt is really $315,000 less than the amount
census of 1870.
(V. 22, p. 521.)
above quoted, as the sinking fund has purchased to
Lawrence, Mass.—Total debt, $1,872,650, of which date 297 6 per cent arid 18 7 per cent bonds, ia an
Jersey City,—The total bonded debt of the city,
April 1,1877, was stated at $14,737,450. The sinking
fund was $770,000. Assessed valuation, 1877: Jersey
.
$300,000 matures in 1877. No sinking fund. Tax
valuation, 1876, $23,903,598; rate, 1‘90. Population,
1875, 84,916.
Lewiston, Me. —Total debt, $1,200,900; assets,
$118,507. The railroad bonds were iesued to build
the Lewiston & Auburn RR., which is owned by
the cities of those names.
'
.
315 bonds of $1,000.each, which they hold as an in-,
vestment. This would in reality reduce the bonded
debt to $7,867,000. As assets against this
ihe city owns every share, except two, of the
liability
water¬
works; nearly $1,000,000 of gas etnex. $h003i900 °r
Nashville RR. stock, at $40c., or $400,000; whaif
property, &«, &c.”
•
r
"
’
•
*
'
'w''
•
Junk
CITY SECURITIES.
29, 1878. j
Subscribers will eonftor
a
great favor by giving Immediate notice of any error discovered In these Tables*
Date of
Bonds.
DESCRIPTION.
For explanations see notes on first page
of tables
Jafl bonds
For old liabilities
do
do
Roadbed
do
do
City bonds pay’ble by RRs. (mostly L.& Nash.)
Lowell, Mass.—City notes
Water notes
Water bonds
$134,000
1,000
1,000
86,000
1871
1871
1871 to’73
1851 to’63
1852 to’75
1871 to’76
1,000
1,000
1,000
1,000
1870
Water bonds
mi-'i-’e
1
City Hall and School House
Manchester', If. H— City bonds
City bonds ($70,000 1884, $10,000 1885)
Wbmphis, Tenn.—School and paving bonds
1862 to ’76
1.000
500 &c.
1857 to ’67
1,000
80,000
do
Water bonds ($100,000 each year)
do
do
do
Sewer bonds ($8,000 1878, ’80, ’81, ’83, ’85)..
Siincook Valley Railroad
..
70,000
200,000
400,000
40,000
37.500
1867 to’68
1867, ’8. ’9 500 &c.
1870
1,000
:
Funding loan, gold
Mississippi River Railroad bonds
Endorsement Memphis & Little Rock RR
1.857
1877
1861
1871
1876
1872
1872
Compromise bonds, coupon
Milwaukee—Re-adjustment bonds
General city bonds
do
do
Water bonds, coupon
do
registered
Minneapolis, Minn.—City bonds
City bonds
do
500 <fcc.
1,000
1,000
1,000
10,000
1,000
1,000
1,000
1875
Public school bonus
Clinton Hill bonds, coup. & reg. (s. fd. 3 p. o,).
Sewer and improvement bonds (local liens).
1875
.
Aqueduct Board bonds
Tax arrearage bonds
New Bedford, Mass.—City bonds
City improvement
War loan
Water bonds
do
do
New Haven, Conn.—Sewerage
500
500
500
1,000
100 &c.
1,000
1,000
1,000
1,000
1,000
1,000
1876-’77
1861-’74
1875
1876
1867 to ’76
1872-’74
City Hall
City railroad ($20,000 payable each year)....
City bonds (10-20 bonds)
N.Orleans—Consol.debt ($650,000 pay’ble y’rly)
,
1,000
1,000
500
500
1849
Nashville, Tenn.—Nashville & Chatt. Railroad.
Various city bonds
1870 to’77
Newark— Bonds, city purposes (s. fund of 1859)
War bonds, floating debt, <fcc. (s. fimd of 1864)
•
\
500
Western division
do
do
do
do
Mobile— Funding bonds (act March 9, 1875)
;
Large.
Large.
1,000
Large.
Funded debt
**
605,000
500,000
107,000
350,000
1,508,000
521,000
510,000
1.300,000
530,000
471.500
450,000
387.500
44,200
117,000
lS76-’3-’5 Large.
Water notes
/Post bonds
$1,000
.
Lynn, Mass— City notes
outstanding.
1869
1870 to ’74
1868
Louisville, New Albany & St. L. Air Line RR.
Change of gauge, Louisv., Cin. & Lex. RR—
par
1877
000
000
000
000
000
000
000
000
000
000
000
1852
Railroad debt
1854-55
Waterworks loan of 1869
1869
Seven per cent funding loan of 1869
1869
Seven per cent funding loan of 1870
1870
Jefferson City (debt assumed)
’57, ’67,’70
Wharf impr. bonds (assumed by lessees)
1870
Street improvement bonds
1871
000
Consol, gold bonds (gen’l and drainage series)
1872
000
Ten per cent bonds, deficit and old claim
1871
Vari ous.
New premium bonds (in exchange)
1864 to*’75 l,000&c
Newton, Mass.—City bonds and notes
Water loan ($600,000 6s, balance 5s).
1875
1,000 j
New York—Water stock
1841 to ’63 100 &c.'
1872
100 &c.
Water stock
Croton water stock
1846 to ’69 100 &c.
New Croton Aqueduct stock
1865-6
100 &e.
Additional new Croton Aqueduct..:
1870 to ’77, 500 &o.|
Croton water main stock
1871 to ’77| 500 &c.!
Croton Reservoir bonds
1865 to ’74 100 &c.i
Croton Aqueduct bonds
1866 to ’70 100 &c.j
Croton water pipe bonds
100 &e.l
1869
Cent. Park fund stock ($275,000 only due ’98) 1857 to ’59- lOO&c.l
500 I
1874
Improvement bonds.
Lowell, Mass.—Ml the
notes held by savings
Water loan sinking fund, $69,967.
Tax
INTEREST.
Amount
or
Value.
Louisville, Ky.—( Continued)—
.
Size
•
1,300,000
341,000
60,000
300,000
900,000
350,802
242,000
100,000
429,000
1,171,000
250,000
70,000
50,000
60,000
124,500
110,000
115,000
125,000
1,785,122
214,000
1,155,000
73,000
1,890,000
500,000
400,000
2,500,000
3,030,000
646,000
179,600
223,000.
148,000
100,000
400,000
200,000
499,000
60,000
200,000
150,000
4,392,250
820,000
323,900
716,150
451,200
98,000
430,000
33.500
234,000
411,450
Rate.
When
Payable
Various
do '
do
do
do
New York and Louisville.
Various
City Treasury,
exceed the’amount cf the annual interest
coupons on tbe-e bonds*
Hence the interest is
assured at all events, even if by inevitable misfor¬
tune the city shonld fail to pay the interest in
money. The proposition is to issue the new com
course
J.
1880, ’94 & 1901
Sept., 1891
Feb. 1,1880 /
July, 1901 & 1903
1881 to ’93
1878 to 1894 *
1886 to 1894
Nov. 1, 1890
1878 to 1890
1878 to 1890
&' J.
July,*
Charleston, S. C.
1872
J. & J. N. Y., H. Talmadge <fc Co.
.1907
J. & D. Milw. and N. Y., A. Goettel.
June 1,1891
J. & J.
do
do
Jan. 1, 1901
J. & D.
do
June 1,1896
do
J. & J.
do
do
Jan. 1,1902
J. <fc J.
do
do
Jan. 1,1902
J. & D. New York, Park Nat. Bank,
Dec. 2, 1892
F. & A.
do
do
Feb. 2, 1894
M. & N.
do
do
May 1, 1905
Various
do
do
1881 to 1885
J. & J.
do
do
1886 to 1900
J. & J.
do
do
July,’91-’96-1902
F. & A.
do
do
Feb. 1,1891 & ’99
M. & N.
do
do
Nov. 1, 1901
M. & N. Mobile, Mob. Savings Bank
N#v., 1905
Various
New York.
1875-77-79
Various New York and Nashville.
1870 to’96
Various
1877 to’93
Newark, City Treasury,
.
-
do
Various
do
1878 to’91
do
A. & O.
do
April, 1888, to’ 91
J. & J. Newark Mech.'Nat. Bank,
July 1, 1895
M. & S.
do
do
1879 to’93
do
Various
1876 & 1892
do
F. & A.
do
do
1886-’87
A. <fc O.
1879 to 1889
City Treasury,
A. & O.
do
1891 to 1910
A. & O.
1878 to 1884
A. & O.
1900 to 1904
A. & O.
1885 to 1909
A. & O.
1883 to 1909
A. & O.
Oct. 1, ’91 & 1901
City Treasury,
J. & J.
do
July 1, 1881
A. & O.
do
Oct. 1,1877 to ’86
J. & J.
do
July 1,1887-1897
J. & J.
New Orleans,
July 1, 1892
do
Various
1874-5 & 1894
J. & J.
do
Jan. 1, 1899
M. & S.
do
March 1, 1894
J. & D.
do
June 1, 1895
do
Various
1887 to 1897
J. & D.
do
Dec., 1880
do
F. & A.
Aug. 1, 1911
New York or London.
July 1, 1922
Q.—J.
A. & O.
New Orleans.
April!, 1881
<
M. & N.
City Treasury.
1879tol895
Boston, Comm’nwealth Bk.
July 1,1905
1879 & 1880
Q.-F.
Inter’t is payable at City
Comptroller’s
Q.-F.
Q.—F.
Q.-F.
abroad, and
at
J.-F.
& N.
Q.-F.
Nov.
that is
payable
Messrs.
Rothschild’s
don.
in Lon¬
Aug. 1,1884
Aug. 1,1900
Milwaukee.—'The city cannot issue
8s. Also about *145 000 overdue interest on these
issues. A mandamus was issued from theU.S. Circu t Court, and
the Auditor’s report says that
*•
unscrupulous bondholders succeeded in grinding
poverty of onr people the satisfaction of
their claims.” Population about 38,COO.. (V. 20, p.
out of the
Nashville, Tenn.—At the close of the fiscal year,
Sept* 30.1877, there were $121,800 of past-due bonds
ana $170,000 unpaid coupons.
The total debt was
$1,671,360. Assessed valuation of all property, about
$12,000,000; tax rate, 1877. 2 per cent.
Population40,230. (V. 23, p. S79; V. 24, p.
are
302.)
Newark.—The bonds in the first line in the table
payable out of the sinking fund of 1659, which
•
i
Nov. X,1900&1906
1907 to 1917
1907 to 1911
1880
1887 & 1898
1879
M. & N.
per cent of its average
In 1876, valuation was
1,1902
1883 & 1890,
Office,
New Court House, ex¬
cept such int. on the
goldbonds as is paid <
M. & N.
.-F.
promise bonds in exchange for the present indebt¬
edness (including, interest on past due indebted¬
ness) at 50 cents on the dollar., For judgments the
Legislature aubhoiizes the payment of 55 cents.”
To April, *78, $1,80O,(JOO old bonds had been funded.
Assessed valuation of real estate, 1875, $19,329,600;
personal, about *6,500.P00. Tax rate, *2 per $100.
Y., Bank of America,
1898
1889
\
debt beyond 5
assessed value for five years.
valuation, 1876, *39, -98,460; 1877, *39,345,366. Total
$38,143,422 real, and $14,931,763 personal property; tax rate in 1875, 25.64 mills.
debt, *2,331,000. Population, 1875,49,6:8.
Lynn, ifars*.—Total debt, *2 256 000. Sinking Sinking funds are provided for all the bonds.
fund, $106,470. Tax valuation, 1870, $20/27,1; 5. There Is also about $47,000 scrip issued to settle
old railroad bonds.
Population, 1875. 32,f.0f>.
Population by State census,
Manchester, N. H.—Total debt, $1,019,491; assets, 1875, 101.000. (V. 23, p. 622.)
$83,367.
"
Minneapolis, Minn.—'Total debt, $971,500; tax
Memphis, Tenn.—The city has been in default for valuation, 1876, *21,834,078; bonds all coupon.
interest since Jan. 1, 1873. The total floating debt
Mobile.—The valuation of property in 1877 was $11,July 1,1877, was $2,005,974 of which *735,420 was .022,049 real estate uqd $6,118,462 personal property;
overdue interest, and there were nominal assets tax rate, 1 6-10 per
cent. Interest was m default
(unpaid taxes, &c) to balance this of $2,113,690. from July, 1873. A settlement with bondholders was
The circular ©f July, 1877,
urging the city cred¬ offered by Act of March 9, 1875, viz.: $510 in 6 per
itors to accept the proposition had the follow¬ cent bond for $1,000 of the old 8 per cent.
The 5
ing: “These mew bonds are especially valuable, per cent bonds have a lien on city revenue, aud
1st, because they and the coupons are made exchange for these was offered at 75 per cent of
receivable in payment of all taxes and demands their face.
Up to Jan., 1878, there had been
of the city, and thi? feature is expressly made settled, of old bonds, all excep! *12,10;) of old
a part of
the contract with the bondholders; bonds. A, B & C ; *56,6 0 of bonds D. E & F; $38.2d, It is part of the contract, and irrepeaiable, 503 8s of 1871; *123,000 of Mob. & Gt. Northern RR.
that the city 6hall not issue any more bonds. 88; $16,000 wharves 8s; $20.0*0 Mob. & Ala. Grand
The annual levy of taxes for all purposes will of Trunk 8s; and *151,00 > Jlo^. & Northwestern RR.
banks.
N.
Oot. 1,
Various
*
do
M. & N. Boston, Bank Redemption.
Various
City Treasury,
Various
do
J. & J.
Boston, Bank Republic. July 1, ’91-’94-’96
Various Treas’y & Bost. Bk. Repub.
1879 to 1896
Various
do
do
1882 to 1896
J. & J.
Jan. 1,1880-1894
City Treasury,
A. & O.
do
April 1,1884-’85
M. & N.
Suffolk Bank, Boston,
May 1, 1893
J. & J.
do
do
July 1,1890-’95
J. <fc J.
1887-’92-’97-1912
City Treasury,
J. <fc J.
do
July 1,1878 to’85
F. & A.
do
Aug. 1,1878 to’87
1873 to 1902
J. & J.
Memphis.
1873 to 1900
M. & N.
Nov., 1900
2,414,000
500,000
490,000
450,000
3,341,071
500,000
Louisville and New York,
do
db
do
do
M. & S.
F. & A.
J. & J.
Various
Various
J. & J.
250,000
3,614,600
4,481,000
970,637
Due.
Whom.
A. & O.
J. & D.
11,375,400
387,000
771,000
2,900,000
Principal—When
Where Payable and by
amounts to
*113,663; tnose in second line out of
sinking fund of 1864, $ 1,013,623; public school bonds
out of
bonds
public school fund, *141,911; Clinton Hill
by sinking fund, $40,631; tax arrearage,
$165,000; against local improvement bonds the
city holds $*,074,513 of assessments unpaid and a
lien on the property. Temporary loan bonds, Jan.
1, 1878, were $1,192,000.
valuation of real and
personal property, 1876, $97,116 004. Tax rate for
all purposes, 1877, $1 96 per $100,
1876.. Population in 1870, 105,059.
against $1 99 in
New Bedford, Mass.—'To*al debt, $1,250,6*0. N©
sinking fund.
Tax valuation, 1870, $22,996,014.
Population, 1875, 25,895.
New Haven, Conn.—Total debt. *939,000. Sinking
fund on City Hall loan. $47,969 73. The
city has
made a “special loan” of $75,000 to the New Haven
& Derby RR
and “ guaranteed” $225,000 of its
second mortgage bonds, on which the city has been
obliged to pay the interest, and on $5u,000 of the
special loun. Inter* st advanced to the road, $82,890.
Population, 1870, 50,640.
•'<
,
.
New Orleans.—The funded debt. Feb..
as
1878,
was
above, and floating debt, Jan. 1, 1878, $1,841,928.
The assessed valuation
of
property for 1878 is
$111,123,,6t*5. real and personal. State tax, 14# mJBg;
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 January 31,
April 15, July 31, and October 15. Population in
1870, 191,418; .in 1860. 138.670.
(V. 26, p. 486, 617.)
Newton, Mass. -Total debt, $1,213,054.
Tax valur
ation, 1677, $26,645,948; rate, 1*36. Population, 1875,
16JC5.
New York City.—The total debt of New York,
Jan. 1,
1878, was $148,821,057; the amount of
sinking funds $31,080,007. The following statement
CITY
&
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W
CITY SECURITIES.
1878.]
Junk 29,
Subscribers will confer ft great favor
DESCRIPTION.
by giving Immediate notice of
Date of
Size or
par
For explanations see notes on first page of tablesB.
Value.
1.
*68,’69,’7C $1,000
Portland, Me.—Loan to Atl. A St. Lawrence
Loan to Portland A Rochester Railroad,
do
do
do
do
Portland A Ogdensburg
1867 to’61 500 Ao.
1872
1872
1852-75
500 Ac.
1867
1,000
8
1855
lOOOAc.
1863
lOOOAc.
1872
lOOOAc.
1874
lOOOAc.
1876
lOOOAc.
£100
1875
g
.
....
Municipal—proper
Building loan bonds
.
Recruiting and bounty bonds
Water loan bonds, gold, coupon and reg.
do
do
do
do
do
do
■
Prov. A Springfield RR. bonds,
Brook Street District notes
1872
1877
guaranteed..
Rochester, N. Y.—To Genesee Valley Railroad
For various
m
•
city improvements.
•
m
*
•
k.
.
St. Louis—Renewal and floating debt bonds..
Real estate, buildings and general purpose
Street improvement bonds
Water work bonds (old)
Tower Grove Park bonds (gold)
Sewer bonds
Harbor and wharf bonds
New water work bonds (gold)
do
do
do
Renewal and sewer bonds (gold)
Renewal purposes, gold or sterling
.
.
.
.
.
'.
.
.
.
Renewal, Ac., bonds, gold, $ and £
Renewal, Ac., bonds, gold or sterling, coupo
Bridge approach bonds (gold)
St. Louis County bonds assumed—
Renewal bonds, coupon
Bonds to railroads, coupon
Insane Asylum
*•••
1860 to’69
1869
1858 to’69
1871
1846 to ’71
1840 to’68
1851 to’66
1856 to’58
1868
1855 to’69
1852 to’68
1867 to ’70
1872
1871 to’73
1873
1875
1874
1872
gold.
Renewal, gold
Park bonds, coupon, gold....
CoiBit.v bonds
St. Paul, Minn .—Revenue bonds
•
•
•
•
•
•
•
•
•
.
•
•
Preferred bonds
i Railroad.
1868
1,000
1,000
Various
1,000
1,000
1,000
1,000
1,000
1,000
500
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Various
Various
Various
500 Ac.
*
*
1,000
*
Salem,, Mass.—City debt
City debt
*
100 Ac.
^
Water loan
-
•
•
100 Ac.
1,000
•
1877
—
1858
1863 to’64
1864
1865
•
..
..
1866 to’67
1867
..
School bonds
School bonds
Park improvement bonds
1,000
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
500
500
500
500
500
500
500
500
500
500
500.
500
1870 to’72
Ac.
1874
Ao.
1872 to’75
Ao.
1871 to’73
Ao.
Hospital bonds
House of Correction bonds.
1874
Ao.
'*
1875 to’76
Ac.
City Hall construction
1876
Widening Dupont St. (Act March 4,1876)
500
1853
Savannah, Oa.—Construction of waterworks..
1853
500
Improvement of Savannah River
1853
500 Ac.
Savannah, Albany A Gulf Railroad
1866
100 Ac.
Funding coupons and other purposes
1869
;
Redemption of bonds
1,000
do
do
1870
500
Bonds for city improvements
1870
1,000
1872
Harbor, Ac., improvements
1,000
For floating indebtedness
1873
500 Ac.
•
Portland, Me.—The sinking fund March 31.1877,
$604,999. The city is protected by mortgages
on Atlan. A St. Lawrence, Portland & Roches;;ter and Portland A Ogdeusburg Railroads. As¬
was
sessed value of real estate In 1876, was
$18,708,500;
$11,951,853. Tax rate, $25 per $1,00 '.
Population in 1870,31,413, against 26,341 in 1860.
(V. 24, p. 542.)
personal,
Providence, R.I.—The principal debt of Providence
has been created since 1872 for water works, sewer¬
age and new City Hall. 'I’he floating debt at close of
fiscal year Sept. 30, 1877, was $2,497,196. including
above Brook Street notes and $100.0 0 High School
notes. I’he assessed valuations of all property in 1877
Were: real estate, $85,”.89,800; personal, $32,085,000.
Rate of tax, $14 50 per $1,000. The sinking fund
for bonds due In 1885, $479,237; sinking funds of
1893. $176,552; ’95, $78,264; 1900-6, $98,045.
Popula-
ttonbj ^ S* Cen8nS’ 70’68,901 » by State census, ’75,
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
paying the interest out of said receipts. Real prop¬
erty assessed, $48,000,000; personal, $2,000,000.
Rate of tax, 1877, $2 per $100.
Rockland, Me.—'Total debt, $965,292. We are
-compelled to omit the details as to months when
-debt matures, as the necessary information could
;
not be obtained of the treasurer.
;
«
•
•
Rate.
2,195,200
568,000
600,000
300,000
2,000,000
2,000,000
1,500,000
1,397,250
500,000
700,000
168,000
750,000
961,686
3,182,000
410,000
161.125
150,000
205,000
431.500
150,000
299,400
500,000
1,922,000
1,223,000
166,000
336,000
346,000
885,000
1,143,000
3,950,000
5 A 6
6
6
5
5 A 6 g.
5 g.
5*
7
7
6 A 7
7
5* A
6
6
6
6
6 A 7
7
10 A 6
10
6
6
6
6
Is6
6 g.
707,000
gg.
g g.
g6gg-
2,072,000
461,000
6 g.
6 g.
300,000
1,180,000
7
681,000
1,074,000
?g’
100,000
500,000
7
6 g-
g6 g.
g.
V. 25, p 408.)
A J.
J.
M.
J.
J.
J.
J.
J.
Boston, Blackstone N. B’k, Nov., 1886,’87,»88
Boston, Columbian Bank.
July, 1887
July 1, 1897
Boston, Blaekstone N. B’k.
Sept. 1,1907
J. London, Morton, Rose A Co
Providence.
J. A J.
N. Y., Union Trust Co.
do
do
Semi-an
City Treasury.
J. A J. Boston, First National Bk.
F A A.
do
do
M. A S.
do
do
Various N. Y., Nat. B’k Commerce.
M. A N.
do
do
Various St. Joseph and New York.
J. A J. N.
Various N.
Various
Various
Various
F. A A.
Various
Various
J. A D.
A. A O.
Various
M. A N.
M. A N.
J. A J.
J. A D.
J. A
J. A
J. A
M. A
J. A
J. A
A. A
Y., Nat. B’k Commerce.
Y., Nat. Bank Republic
do
do
do
do
do
do
do
do
do
do
do
do
New York and St. Louis.
N. Y., Nat. B’k Commerce,
do
do
New York or London,
do
do
do
do
N. Y., Nat. B’k Commerce.
J. N.
J.
J.
S.
Y., Nat. Bk. Commerce
do
do
do
do
do
do
D.
J.
O.
do
N.
do
do
do
do
do
do
do
.
Y., Eountze Brothers,
do
do
do
do
.
N. Y., Kountze
do
do
do
do
San Francisco,
do
do
do
do
do
?g*
7
7
7
7
7
7
7
7
p.
A
A
A
A
A
A
A
A
A
J.
A.
N.
D.
J.
N.
J.
N.
J.
A J.
135, 175;
city
limits, $0 50.
436.)
i one;
v
1877 to 1897
1878 to 1899
1878 to 1899
1878 to 1899
1880 to’89
Nov., 1889
1878 to’89
1891
1879 to’91
1879 to 1906
1879 to’86
1880 to ’83
Aug., 1898
1878 to’89
1879 to’88
June, 1887, to ’90
April 1,1892
1891 to’94
Nov. 1,1893
May 1, 1895
July 1, 1894
Dec. 10,1892
1879 to 1881
1879 to 1880
July 1,1887
Sept. 1,1888
June, 1892
1893 to 1896
April 1,1905
May 1,1895
1878 to’90
1878 to’86
1889, ’90, ’96
1888 A’98
1900
1879to 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
1897 A 1904
Nov. 1, 1891
do
do
New York and Savannah.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Tax rate for
1879 to 1903
1893
1878 to 1902
Jan. 1,1903
July 1, 1894
do
new
1892
Sept. 1,1880-’84
Oct. 1, 1887
June 1,1882 to ’90
do
do
do
do
Iggg*
g
July 1, J895
do
do-
§g*
1
2 g2
2
J.
F.
M.
J.
J.
M.
J.
M.
J.
J.
Brothers,
City Treasury.
Boston, Merchants’ Bank,
Zg-
g g5g-
Due.
Whom.
M. A S.
Treasury.
J. A J. N. Y., Metropolitan N. Bk.
F. A A. New York and Rochester,
Various
do
do
July 1,1894
1899
1896
Feb.,
Nov.,
Dec.,
Feb.,
Nov.,
June,
Nov.,
Jan. 1
1878
1883
1888
1886
1879
1890
1900
1902
July 1, 1903
purposes in old limits, $1 75; In
(V. 25, p. 205: V. 28, p. 290, 359,
St.
Louis.—Population by the U. S. census in 1870
was 310,864, against 160,773 in 1860.
The city and
county the
were merged by law in 1877 and city as¬
sumed
county bonds. In the last fiscal year
the
resources were:
Balance April 11,
Interest revenue
1877
Municipal revenue collections
Special collections
Proceeds of anticipation notes.
Proceeds of renewal bonds
$691,272
1,731,670
2,6I1.6n9
322,416
725,000
351,00
St. Paul, Minn.—Population in 1870 was 20,030;
in 1875, by State census, 33,237. Assessed valuation
of taxable property, $27,755,928, or about one-half
of the actual value. (V. 15, p. 626.)
Salem, Mass.—The sinking fund amonn's to
$173,063, and the bonds are v dued at par; $1,146.000 of debt coupon; balance registered:
total,
$1,452,678. Population, 1875,25.958. Tax valuation,
1875, $26,312,272; 1377, $25,810,600.
•
$6,544,427
The expenditures were
$5,900,541
Unpaid warrants on hand April 11, 1878..
40,944
$5,859,996
Balance in treasury
April 10, 1878
$681,431
The Comptroller gives the following in his re¬
port to April, 1878: The liabilities appear as follows:
The bonded debt at the close of fiscal year (April 9,
1878), was $15,996,000; the bended debt of the late
county, assumed by the city. $8,f59.0'.X).
Other
liabilities—claim of St. Louis Gaslight Co. for gas
furnished, with interest, $685,000. The sinking
fund is as follows: Assets of this fund at com¬
mencement of the present fiscal year, $590,095.
Tbe resources available this fiscal year will be about
$110,000.
Assessed valuation of property in 1878,
in old limits, $159,354,840; in new limits, $14,416,-
St. Joseph, Mo.—Population in 1870 was
19,565,
Against 8,932 in 1860. Assessed valuation of property, 400; total taxable valuation in city, $173,771,210.
A
A
A
A
A
A
A
Prin oipal—When
ipi
Payable and by
Boston and Portland,
1877 to ’91
D.
do
June 1,1877 A’87
S.
Providence,
Sept., 1885
J.
do
Jan., 1893
J. Boston, Prov. and London.
Jan., 1900
J. N. Y., N. City Bank, A Prov.
Jan., 1900
J.
do
do
July 1,1906
monthly
6 g. M. A N.
12 A 7 M. A N.
M. A N.
7
8
Various
6
J. A D.
6
J. A D.
7
J. A J.
5 A 6
J. A J.
6
6
A. A O.
J. A J.
5
J. A J.
A. A O.
J. A J.
«• M. A N.
A. A O.
g* A. A O.
g- J. A D.
J A J.
A J.
s- J.
M. A N.
J. A J.
$11,000,000; rate of tax, *23 mills. (V. 23,
Where
Pay’ble
J.
1,250,000
600,000
550,000
2,300,000
500,000
499,927
67,210
263.125
200,000
100,000
100,000
112,000
300,000
500,000
398.500
542,000
435.500
377,000
250,000
197,000
246,000
385,000
200,000
475,000
210,000
150,000
750,000
915,000
198,000
64,500
937.500
368,800
117,000
349.500
534,000
500,000
400,000
When
M. A N.
700,000
450,000
1,350,000
500
Various
Various
Various
Various
INTEREST.
$787,000
500
100 Ac.
....
Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon (gold)..
Western Pacific Railroad,
ao
do
School bonds,
do
do
Judgment bonds,
do
do
outstanding.
*500
1867 to’71
1853 to ’55
1867
1868
1872
1873 to ’76
1875
1875
County Jail.
do
lOOOAc.
Various
lOOOAc.
any error discovered In these Tables*
Amount
400.000
Bridge bonds
8 per cent bonds
Lake Superior A
St. Paul A Chicago Railro
Public Park (Como.)..
1,000
•
m mm
1,000
.
1875
Railroad loan
do
do
St. Joseph, Mo.—Bonds to St. Jo. A Den City R
Bonds to Missouri Valley Railroad
Bonds for various purposes
General purposes,
m m
m
FundiBg loan
Rockland, Me—City bonds
xiii
San Francisco.—Population by the U. 8. census
of 1870 was 149,482, against 56,802 in 1860.
Real
estate for the fiscal year
ending
June 30, 1877, 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. Tax rate in 1S76-7 is
$2 12)4 per $100, against $1 60# in 1875-6.
Savannah, Oa.—Default was made on interest due
Nov. 1. 1876, in consequence of yellow fever and
non-collection of taxes.
The latest proposal for
compromise is given in V. 25, p. 625, by which new
5 per cent bonds are to be exchanged for the face
of old bonds, and for interest up to Feb. 1, 1879, 58
per cent of the face value In similar bonds.
Assessed value of real estate, $14,000,000: per¬
sonalty, $4,200,000; tax rate, 1)4 per cent. Popu¬
lation in 1870, 28,235, against 22,292 in 1860. (V.
24. p. 434, 512; V. 25, p. 41, 80, 882, 593; Y. *8, p. 18*
626.)
xiv
CITY SECURITIES—MISCELLANEOUS STOCKS AND BONDS.
SnlMcrlbers will confer
a
great favor by giving: Immediate notiee of any error discovered In these Tablet.
DESCRIPTION.
Date of
Bonds.
For explanations see notes on first page
of tables.
Somerville, Mass— City debt
City debt
....
do
do
do
do
Park & wat’r ($170,000 A. &O.;
Water loan
....
....
....
....
$155,000 J.&J.)
.
•
.
.
;
....
....
Water loan ($200,000 are 6 per cents)
Railroad loan
Railroad notes
Toledo, O.—Gen’l fund and deficiency bonds, cp. ’70,’71,’76
Toledo & Woodvilie Railroad, coupon
1870
Various City purposes, coupon
1859-’65
do
do
do
1859-’74
do
do
do
1869 & ’76
Water works
1873 & ’74
Short bonds, chargeable on special assessm’ts 1874-’77
....
....
....
....
"Worcester, Jfass.-MDity debt,
City debt, registered
coup,
Size
or
par
Value.
and resist’d.
....
do
do
(5 pieces, $100,000 each)
do
($220,000 reg., $580,000 coupon),
do
reg. ($100,000 J.&J., $90,000 A.&O.)
8ewer loan ($92,000 are J.& D., balance J.&J.)
Water Pn ($150,000 are J.&J., balance J.&D.)
do
registered
Various.
461,000
165,000
115,000
140,854
200,000
325,000
6*2
6*2
Large.
Large.
lOOO&c.
Large.
Large.
1,000
1,000
1,000
Large.
....
....
....
....
....
*
Large.
Large.
....
....
....
....
....
500 &c.
500 &c.
Various.
100 &c.
500 &c.
When
Rate.
7
....
....
outstanding.
$65,000
Various.
Bonds—Principal,
INTEREST.
Amount
Large.
Large.
Springfield, Mass.—City notes
City bonds
[June 29, 1878.
Pay’ble
A. & 0.
A. & O.
J. & J.
6
Where Payable, and by
whom.
when Due.
Stocks—Last Divi¬
dend.
Boston, Nat. Security Bank Oct. 1, 1678-’79
do
do
April, 1879 to ’84
do
do
July 1,1880 to’84
Various
do
do
Oct.’81-’4,July,*85
Various
do
do
July, ’84, ApL, ’95
5
Various
do
do
Apl., ’95, July, ’96
Various
do
6*2
do
1881 to 1884
320,000 5*2,6,612 Various
do
do
1880 to 1906
Various
177,000
5*2,6
1879 to 1884
City Treasury.
6
223,000
Various Boston, First National B’k.
1878-1890
6 & 7
A. & O.
do
1,200,000
do
Apl. 1,’94, to 1905
5*2
7
6
300,000
75,000
544,500
453,000
42,355
594,500
90,000
1,000,000
723,300
A. & O.
8
7*3
6
8
7
8
7 & 8
55,000
340,000
500,000
800,000
190,000
261,800
327,400
100,000
do
do
Apl. 1, 1879-1896
Various
1878 to 1881
City Treasury.
A. & O. N. Y., Imp. & Trad. N. Bk.
1878 to'88
M. & N.
do
do
May, 1900
F. & A.
do
do
1878 to’84
Various
do
’
do
1878 to’89
Various
do
do
1878 to’86
Various
do
do
June,’93& Sep.,’94
Various
do
do
1878 to’82
5, 6
7
6
6
5
6
6
5
A. & O.
City Treasury.
J. & J.
do
A. & O. C. Treas.& Bost. Mchts.’ Bk.
Various
Various
Various
J. & D.
•
Apl. 1,1878-1879
Jan. 1,1881
April 1, 1892
Boston, Merchants’ Bank.
do
do
1887 & 1905
1878 to 1881
1878 to 1890
Deo. 1,1906
do
do
do
do
MISCELLANEOUS STOCKS Sc BONDS.
Adam *
Express Company—Stock
American Express—Stock
American Coal (Maryland)—Stock
Atlantic d Pacific Telegi'aph- Stock
Boston Water Power
....
....
....
Mortgage bonds (for $2,800,000)
Canton Improvement Company—Stock
Sterling bonds (sink.f’d one-fiftli of land sales)
Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., 1st M., end. (s. f., rents on $220,163)
1874
....
1873
1874
'
....
do 2d M.,g.,end.,(s.f. gr’nd r’nts on$144,800)
Consolidation Coal of Maryland—Stock
1st mortgage (convertible)
1st mortgage, consolidated, convertible
Cumberland Coal and Iron—1st mortgage
do
do
2d mortgage.. ..
Cumberland Coaid Iron Company—Stock
Dunleith d Dubuque Bridge—Bonas sink. fund.
Illinois d St. Louts Bridge—1st M., coup., s. f...
2d mortgage, coupon
3d mortgage, coupon
.•
4th mortgage
8t. Louis Tunnel RR.—1st inort., sterling, s. f.
do
do
2d mortgage
Iowa RR. Land Co.-Stock
....
....
1864
1872
1852
1869
1,000
25
£200
1,000
500 &c.
500 &c.
100
1,000
1,000
....
1,000
100
....
1868
1871
1871
1874
1875
1873
1875
»
Mariposa Land d Mining Company-Stock
•
•
1,000
1,000
1,000
1,000
1,000
£200
....
100
100
100
•
....
.
Mortgage bonds (lor $500,000)
Maryland Coal—Stock
Ontario Silver Mining—Stock
.
.
.
1875
1,000
100
100
100
50
....
Pacific Mail Steamsh ip Company—Stock
Pennsylvania Coal—Stock
:
1st mortgage bonds
Pennsylvania Anthracite Coal—Stock
1st mortgage (east side) bonds on 1,053 acres
1st mort. (west side) on 400 acres & 550 leased
....
1861
....
1872
1872
Producers1 Consolidated L’d d Petroleum- Stock
Pullman Palace Car—Stock
'
100
100
25
100
100
....
....
....
Bonds, 2d series
Bonds, 3d series
:
Bonds, 4th series
Bonds, sterling debenture, convertible
Bonds, debenture
Quicksilver Mining Company—Common stock..
....
r
.
.
.
.
.
100
100
....
....
1875
£100
....
....
....
....
....
Spr’g Mountain Coal—Stock,guar.7 p.c.by L. V.
United Stales Express—Stock
United States Rolling Stock—Stock
Wells, Fargo d Company Express—Stock
Western Union Telegraph—Stock
Real estate bonds, gold, sinking fund
Bonds,coup or reg.,conv.till May,’85, s.f.lp.c.
Sterling bonds, coup. (s. f. lp.c. per annum)..
.
....
Preferred stock
Mortgage bonds, gold
.
1,000
1,000
....
....
Southern d Atlantic Tel.—Guaranteed stcok
....
.
-
.
.
....
....
....
....
1872
1875
1875
100
100
....
25
50
100
....
100
100
1,000
1,000
£100&c
2
12,000,000
18,000,000
1,500,000
15,000,000
4,000,000
1,740,000
1,107,500
id
receipts, $531,333; net, $25,399. ( /. 22, p. 180; V.
24, p. 248.)
Atlantic db Pacific Telegraph.—Pools with West¬
ern Union their gross receipts on the basis of 87%
to the W.U. and \2% per cent to A. & P. Expenses
■were arranged at 13*14)$ per cent to A. & P. and
7
J.
& D.
6 g.
6 g.
6
6 g.
J.
J.
& J.
■'
J.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
2*2
10,250,000
7
6
6
6
6
8
7
7
7
10
9
10
1
387,000
363,000
137,000
498,000
500,000
400,000
3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
7,620,000
10,000,000
5,000,000
(?)
4,400,000
10,000,000
20,000,000
5,000,000
g.
g.
g.
g-
M.
M.
J.
J.
J.
F.
A.
M.
A.
J.
M.
J.
J.
J.
& J.
J.
N.
S.
J.
J.
J.
A.
O.
N.
O.
J.
S.
J.
•
•
•
•
»
.
•
New
do
York, Office.
June 1, 1878
July 1. 1878
Sept. 10, 1877
Boston, Office.
1872
Nov. 12,1872
do
June, 1884
London, Brown, 8. & Co
New York
or
London.
Jan.
Jan.
•
1, 1904
•
London.
do
do
do
do
do
•
•
•
1900
N.Y.,Co.’s Office, 71 B’y.
do
do
•
•
1, 1904
1879
N. Y., at Ill. Cent. RR.
New York and London.
do
do
do
do
St. Louis.
St. Louis.
1877
Jan., 1885
1, 1897
Jan.
do
New York, Office.
Lond.,J. S.Morgan
Jan. 2,
& Co.
Feb., 1879
Oct. 15, 1875
Nov., 1893
1900
July 1, 1901
Mar. 1, 1886
•
•
•
•
Jan. 1,
m
Boston, Treas.’ Office.
1888
m
m
•
May 1,1878
©
©
©
®
■
-
....
J.
’
& J.
New York.
1*2
*3’
3
7
N.
Q.—F.
F. & A.
Y., Ill Broadway.
do
do
Sept., i869
Mayl, 1878
Aug. 1, 1881
....
7
7
6
2
8
& D.
& D.
N.
Y., 4th National Bk.
N.
New York, Office.
Y., FarrnL. & T. Co.
Q.—J«
Q.-F.
M. & N.
F. & A.
8
8
7 g.
7
-
•
J.
J.
do
do
di
do
do
Q.-F.
A. & O.
A. & O.
do
do
do
do
do
‘
m
m
.
^
•
m
7g.
2*2
3*2
J. & J.
A. & O.
J. & D.
......
N.
J.
& J.
1*2
Q.—J.
7 g-
M. & N.
M. & N.
M. & S.
re
i
6 g.
•
•
May 15. 1878
May 15, 1881
Feb. 15, 1887
Aug. 15, 1892
April 1,1885
Oct. 15, 1878
Y., Company’s Office.
N.Y., West. Union Tel.N. Y., Company’s Office.
New York, Office.
•
4
•
June 1,1892
June 1,1892
1877
“
.
2
.
1876
St. Louis.
....
481,500
Jan. 1,1886
Jan. 31,
$7*2,Gt 5, and dividends 44 per cent. (V. 26,
549.)
Mariposa Land db Mining Co.— Assessments made
on the shares from time to time.
(V. 23, p. 112, 329;
V. 24, p. 128; V. 25, p. 358; V. 26, p. 290.)
were
J.
J.
Q.-F.
•
Iowa Railroad Land Cb.—This company manages
the land grants of five distinct organizations. The
total lan i owned was 530,217 acres, March 31, 1877.
In 1876-7, 84,032 acres were sold for $576,816, and
601 town lots for $52,962.
The cash c> 1 ec ions
p.
do
s.
Somerville, Mass.—Total debt, $1,771,854; sinking 86*8514 to W. U. (V. 25, p. 16, 115,188, 355, 374,433,
fund, $45,131; tax variation, 1876, $26,5?3,4C0. Ex¬ 591; Vs 26, p. 3 4, 436, 469, 52 t *>
cept $140,000 5s in *1,000 pieces, ah bo .ds are in
Boston Water Power Co.—Annual report in V. 24.
$2,000 to $50,003 pieces.
p. 336. (V. 23, p. 183; V. 24, p. Ill, 396.)
Springfield, Mass.—Tot il drbh $2,007,785; cash
Canton Improvement Co..—The annual
for
assets, $344,459. The railroad debt falls dne $20,< 00 year ending May 31, 1877, is in V. 24, p. 613.tepoii
Of the
each year. No registered bonds. Tux valuation,
$2,500,000 mortgage $600,000 is reserved to
ster¬
1870, $25,514,060; 18?G, $35,109,456; 1877, $30,697,776. ling loan. The Company owns the stockpay
of the
Rate, 1*32. Population in 1875, 31,053.
Union Railroad Company and guarantees Its bonds.
Toledo—'Total debt, Jan., 1878. wa9 $ 1,778,849. Of (V. 22, p. 613; V. 24 p. 613.)
this the debt payable by special assessments was
Conso’idaiion Coal—Annual report for 1877in V
$723,303, and the certificates of indebtedness, $102- 25, p. 262, showing-gross receipts,
$1,475,55f; ex¬
200. Taxable valuation of property, 18.7, $19,538,720;
penses* $1,246,644; net, $228,914. Consol, mortgage
tax rate, $319 per $100.
bonds are held to retire old bond*. Guarantees also
Worcester, Mass.—Total debt, $2,484,200-reg., bonds of the Cumberland & Penn., and assumes
$944,000; coup., $1,540,200. Cash assets, $121j;51, $135,000 Un. Mining Co. bonds. (V. 24, p. 181, 226,
fududing $44,875 40 sinking fund. Population, 248; V. 26, p. 2Q2.)
49,317 in 1875. Tax valuation, 18T0, $34,018,453;
Illinois db St. Lou s Bridge. —In hands of trustees.
1876, $48,223,397; 1877, $45,602,695; rate, 1*52.
Foreclosure pending. Net receipts, 1876-7, $220,140
MISCELLANEOUS STOCKS Sc BONDS. (V. 23, p. 211; V. 26, p. 429, 524.)
Adams Express Company.—A reference to the
gait of Dlnsmore and others in V. 19, p. 270.
American Coal.—The report for 1876 showed gross
Y., Company’s Office.
•
783,000
600,000
991,440
N.
....
578,000
923,000
2,000,000
1,000,000
500,000
2,500,000
5,938,200
298,000
432,000
816,000
218,000
603,000
5,708,700
4,291,300
400,000
948,000
1,500,000
7,000,000
5,000,000
5,000,000
(?)
1,498,000
3,959,000
Q.—M.
J. & J.
M. & S.
1*2
2*2
New York, Office.
New York, Office.
N. Y., Union Trust Co.
N.
Y., Treasurer’s Office
London, Morton, R.&Co
1879
Oct., 1877
June 10,1878
Nov. 15, 1876
(?)
July 15, 1878
July 15, 1878
May, 1902
May, 1900
March 1,1900
Maryland Coal—Balance sheet, V. 24,
V. 26, p. 95
p.
226;
^
Pacific Mail Steamship Co.—Purchase of Panama
Trans t Co. given in V. 26, p. 217.
A reference to
the pages below referred t > is necessary to get
definite information. ^V. 24, p. 3 22, 517; V. 26,
p.
217, 523, 547,6 5.)
Pennsylvania Coal.—Liabilities at
a minimum and
paid.
Pennsylvania Anthracite Coal.—This Company’s
dividends
are
stock and bonds admitted to N. Y. Stock Board
(V. 24, p. 112.)
Pullman Palace
Car 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. Annual reports have been
published the last two years in V. 23, p. 402; V.
25, p. 308. * (V. 26, p. 217.)
Quicksilver Mining Company.—Annual report for
Feb., 1877.
1876, with balance sheet, &c., in V. 25, p. 15. (V.
22, p. 233, >03; V. 28, p. 507; V. 25, p 15, 358.)
Spring Mountain Coal Company.—This is guar¬
anteed 7 per year till 1885 by Lehigh Valley RR.
United States Express—New stock of $1,000,000
issued. (V. 22, p. 159; V. 23, p. 87.)
U. S. Rol Ug Stock Co.-See report V. 26, p. 289..
Western
Union
Telegraph.—The company held,
June 30, ’77, $7,255,385 of its own stock, making the
total $41,073,419. In May, '76, purchased control
South. & Atl. Co., and leased it. Pools earningst
see A & P. TeU (V; 25, p. 183, 261, 355, 433,
of1
478, 593, 619; V. 26, p. 185, 266, S04, 592, 626.)
*
TvrViK. 'i ;
ii’i'V-'.
Juitb
RAILROAD STOCKS AND BONDS.
29, 1878.]
Sabseriben will confer
great favor toy giving Immediate notice of any error discovered In tbese Tables.
a
DESCRIPTION.
Miles
Date
of
of
J
on
first page of tables.
81
$1,750,000)
Outstanding
mortgage
Albany City loan (sinking fund, 1 per ct. yeai
2d mortgage
3d mortgage, sinking fund
Consol, mort. (guar. D. & H.) coup., may be re
Alleghany Talley—Stock
....
296
201
1878
142
1863
1865
1865
1869
1876
General mortgage (Riv. Div.)
Bonds to State Pa. (endorsed) 2d mort., East
1st mort.. East’n Exten., guar, by Pa. RR....
Funding income bonds, with traffic guarantee
Ashtabula, Youngstown it Pitts.—1st mortgage.
2d mortgage, income
Atchison dk Nebraska—1st mortgage
Atchison, Topeka dk Santa Fe—1st mort., gold...
Land grant mort., gold, (2,289,186 acres uns<
1866
1870
1871
1874
1871
1874
1871
1869
1870
150
470
•
•
•
.
•
•
Consol, bonds, gold.
.
.
.
1,000
100
500 Ac.
1,000
....
1,000
100 Ac.
1,000
1,000
1,000
500 «fec.
500 Ac.
....
....
1872
1875
65
148
Mortgage bonds
Atlanta dk West Point—StocK.
Atlantic dk Great Western—Stock (total $40,000,000)
Preferred stock
Old 1st mortgage bonds, Ohio Division
1st general mortgage ($18,000,000) >.
265*2
265*2
do
....
.
1871
1871
1872
1873
....
1,000
1,000
.
.
.
500
.
....
350
....
286
Virginia A Tennessee—Enlarged mortgage
do
do
4th mortgage
do
do
Registered certificates....
do
do
Interest funding bonds....
currency
-
58
58
428
428
428
81
100
....
1867
....
782,976
1,666,000
300,000
464,000
200,000
6,921,900
5,470,000
4,000,000
306,000
157,000
458,000
684,000
621,000
452/500
990,000
969,000
84,190
226,900
28,600
4,970,680
787,000
1,500,000
713,000
500 Ac.
....
1868
1869
•
•
•
•
•
.
.
.
.
....
....
1871
1871
1857
500 Ac.
81
1857
500 &c.
81
1868
1,000
133
1866
1,000
133
200 Ac.
1866
133
200 Ac.
1866
214
1854
1,000
214
1865
1,000
Var’us Various
100 Ac.
1869
150
100
150
£100
150
1868
1,000
150
£100
1864
150
1871
£100
150
1853
£100
53
100
51
100 Ac.
1861
51
1-864
1,000
595
100
100
30
100
1850
1853
1870
1855
1874-5
£200
411
1872
£100
421
1874
£200
....
....
....
.
Stock, sterhng
Portland city bonds, 1st mort., sinking fund
2d mortgage, sterling, 5-20 years
do
100
....
2d mort. to the State (no interest till 1880)
Norfolk & Petersburg—1st mortgage...
do
do
1st
do
.-do
do
2d
do
South Side—1st preferred consolidated mortgage
do
2d
do
do
do
do
3d
'
do
do
do
do
500 Ac.
500 Ac.
500 Ac.
1873
....
.
.
.
....
*
Sterling bonds, not mortgages
Augusta dk Savannah—Stock
Bald, Eagle Talley—1st mort., s.
f.($5,000 per year).
2d mortgage ($5,000 per year)
Baltimore dk Ohio—Stock
Preferred stock
....
.
.
.
.
....
....
A
A
A
A
A. A
M. A
A. A
7
5
7
....
Jan. 1,
g.
g.
g.
g.
g.
S.
Boston, at Office.
J. N.
O.
O.
J.
Y., G. Opdyke A Co.
Boston.
do
do
do
do
do
do
do
J.
N.
J.
J.
J.
O.
J.
J.
July, 1888
Nov., 1895
Oct., 1885
May, 1881
April 1, 1906
.
July, 1899
Oct.
1, 1900
1903
’77,*78/79 &*82
July 1, 1902
July 1, 1905
1905
April 1,1897
Jan. 1,1907
Feb. 1, 1878
Atlanta, Ga., atTreas’y.
A.
J.
M.
M.
J.
J.
J.
A 0. New York and London.
A J.
do
' do
do
A 8,
do
AN.
do
do
A J.
do
do
A J.
London, Co.’s Office.
A J.
do
do
J.
A J.
Oct.
1, 1876
Jan., 1902
Sept., 1902
Nov., 1902
Jan., 1902
Jan., 1903
July 1, 1876
Savannah.
July, 1897
1879
Y., Perkins, L.A Post
Nov. 1, 1888
i
do
do
do
do
May 1, 1889
N.
M. AN.
M. A N.
.
7 g.
-
lVi‘896
Sept. 1, 1896
New York, Office.
do
3*2
7
7
7
7
.
i908
July 1,1878
Jan’ary Harrisburg, Treasury. $100,000 y’rly
O. Philadelphia or London
Oct., 1901
O.
1894
Pittsburgh.
O. N. Y., Winslow, L. A Co.
1901
J. Pittsburgh, Penn. Co.
1904
6 g. A. A
7
A. A
7 g. A. A
7
J. A
8
M. A
7 g. J. A
7 g. A. A
7 g. A. A
7
J. A
12
J. A
7
M. A
7 g. J. A
7 g. J. A
7 g. J. A
7
A. A
7
J. A
4
J. A
or
7
7
7
7
7
7
8
7
8
7
8
8
6
6
6
8
8
8
3
3 g6
6 g.
6 g.
6 g.
3*2
6
7
4
3
25
6
6
6
6
6
6
1,710,000
....
June, 1901
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
O.
do
do
7*30 J. A J. N. Y., Winslow, L. A Co. March
3,146,956
3,041,579
2,074,000
8,857,352
9,346,500
....
Stocks—Last
Dividend.
Whom.
A J.
J.
J.
J.
M.
7
6
7
7
484,000
1,022,900
336,900
100,000
13,144,200
4,599,578
1,650,000
579,500
....
....
Washington branch
Loan, 1850
Loan, 1853
do
1870,sterling, £800,000, sink, fund
Baltimore loan, 1855-*90, sink, fund
Debentures, sterling
Sterling mortgage, sinking fund
Sterling mortgage, sinking fund
J.
Payable, and by
Bonds—Princi¬
pal, When Due.
.
3*2
2,416,300
15,165,200
11,989,680
28,783,000
5,355,000
3,568,000
2,060,000
1,748,500
3,693.200
....
.
1871
....
Atlantic, Miss, dk Ohio—Stock, (com’n, pref. &
1st mort. consolidated, gold (for $15,000,000)
do
.
.
24,795,298
9,876,250
•
460
460
460
Guaranteed stock
Consolidated 1st mortgage....
Sav. Albany & Gulf RR. mortgage
bonds
Southern Georgia A Florida, 1st
mortgage
do
do
2d mortgage
3d
100
100
100
....
....
do
Lam'ence—Stock,
1,000
1,000
87
Atlantic <& Gulf—Common stock
Atlantic dk St.
1877
....
....
do
....
567
567
2d
do
do
(Sj 12,000,000).
3d
do
do
(^ 129,000,000).
Leased lines rental golc
do
do
(P.:
1,000
1,000
....
.
6 g.
253,000
1,595,000
2,166,500
4,000,000
3,200,000
10,000,000
6,220,400
1,500,000
400,000
3,750,000
7,041,000
3,366,000
3,349,000
466,411
480,500
439,000
412,000
650,000
1,779,000
500,000
4,250,000
1,232,200
1,000
*
27*2
.
3,500,000
1,000,000
933,000
2,000,000
1,000
1,000
1,000
.
8
(?)
263,000
.
50
62*2
62*2
.
-
....
142
142
142
142
262
132
110
110
262
Rate per When When
Cent.
Payable
$1,600,000
■
..
Notes
Land income bonds
Pottawattomie bonds (contingent)
Wichita A Southwest, (leased) 1st M., gold,
gi
Kane. City Top. A West., (leased,) 1st M.,
gold
Pueblo A Ark. Valley, (leased,) 1st M., gold..
Atlanta dk Charlotte.—New pref. mort
Amount
1871
....
Albany dt Susquehanna—Stock
1st
INTEREST OR DIVIDENDS.
or
Par
Value.
Road. Bonds
t
1st mortgage, new, (for
Size,
8.
gg.
g.
6 g.
A. A O. N.
*
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
F.
M.
M.
A.
M.
M.
J.
J.
J.
M.
J.
A.
J.
A.
M.
J.
J.
M.
M.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
A.
S.
N.
O.
N.
N.
D.
J.
J.
N.
J.
O.
J.
N.
Y., First Nat. Bank. Oct.' T,“i901
Y., Perkins, L. A P. Jan!
do
do
do
do
do
N.
1877
1, 1877
Jan.
do
July 1, 1893
do
do
do
do
do*
do
do
1,*
do
July. 1, 1884
Mch. 1, 1900
Jan. 1, 1875
Lynchburg Office.
Y., Perkins, L. A P. July 1, 1880
Portland.
Feb., 1878
London, Gr. Trunk Rw. Mch. 15, 1878
Portland.
London, Gr. Trunk Rw.
do
do
do
do
Savannah.
May 2, 1886
1, 1884
Oct.
Oct.
1, 1891
1, 1878
June, 1878
Nov.
Pliila.,Farm. AM. Bank July
do
do
July
Baltimore Office.
May
Balt., Merchants* Bank. Jan.
1, 1881
1, 1884
15,1878
1, 1878
Baltimore Office.
June 24,1878
A
1880
Balt., Merchants’ Bank.
A 0.
Baltimore Office.
1885’
A 8.
London.
1895
A J.
Baltimore Office.
1890
A J. London, Naylor A Co.. ran. 1, *80 &*81
A 8.
London.
Mch. 1, 1902
A N. London, Speyer Bros.
1910
*
Alabama Central.—In default since January, 1872.
Negotiations pending for a
&
new
adjustment.
Alabama A Great Southern.—This is the Alabama
Chattanooga reorganized after sale.
40,186; V. 26, p. 17, 39, 84, S64.)
Albany A Susquehanna.—This road
was
(V. 25,
p.
466; V. 25,
leased for
150 years from 1870 to Delaware & Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made in 1876. Consol,
mortgage is for $10,000,000, of which $3,450,000 is
to retire old bonds, and balance for a
part of old
stock and to lessee for improvements, which
up to
£l>ril, 1876, were $1,978,672. (V. 22, p. 399, 495; V.
33, p. 101, 427; V. 25, p. 615.)
Alleghany Valley.—This road was embarrassed in
1874, and compromised with creditors. Neteamjoes m 1877,
$11144,971. Of income bonds, $2,351,400 are held
by individuals, and pay interest in cash;
$3,809,003 held by railroads draw interest in bonds.
Abstract of operations m 1875. 1876 and 1877 in
tonnal reports, V. 22,
p. 3 ;i2; V. 24, p. 493, and
y. 26, p. 493.
-
Ashtabula, Youngstown A Pitts.—It
is leased and
at cost.
Net earnings
£y Pennsylvania Co.
to lessor,to but
guaranteed interest on
Saidmortgage
Jan.lessee
1, 1877. Defaulted October,
at
1877.
(V. 25,
p.
431; V. 26.
p.
141, 496.)
Nebraska.—Gross
and were then paid, half in cash and half in ten-year
scrip. Coupons of 1877, on notes of 1882, paid half
in cash and half in scrip due 1882. The KC.T.&
W. is leased at 33 per cent of
gross earnings, rising
to 31 per cent in 1880 and thereafter.
(V. 24, p.
earnings, 1876,
§410,225;
net,Plan
$47,147; unpaid coupons to Jan., 1877,
*1,050,000.
of re-organization, V. 23,
p. 510,
by which $1,123,000 bonds and $3,387,000 stock
are
„J^veu *or °ld bonds and overdue coupons.
KV.22, p. 399; V. 24, p. 442; V. 25, p. 610.)
p.
383; V. 26,
p.
been extended for ten years by order of the Court
and new sheets of coupons are issued tQjhe holders.
Interest on the divisional bonds is paid. ,* A
final decree of sale under the consolidated mort¬
gage is expected in October. 1878. A scheme of
367, 468, 469,522,574.)
Atlanta A Charlotte.—The Atlanta & Richmond
Air-Line was sold in foreclosure December, 1876.
(V. 23,
p.
378, 575; V. 24,
p.
re-organization approved by the consolidated mort¬
gage bondholders (mostly in London) will probably
be carried out. In the estimate of Mr. John Collin-
180, 203, 369.)
son, of the English Committee, for the year ending
September 30, 1878, he places the gross receipts
from a 1 sources at $2,117,248, and expenses the
same, inclnding $573,115 for interest on divisional
bonds, and $201,750 for extraordinary expenses.
(V. 24, p. 203, 226; V. 25, p. 2«1, 532; V. 26, p.
141, 242, 444, 522.)
Atlanta A West Point.—Gross earnings,
1876-7,
$311,153; net earnings, $106,949. There are $83,000
bonds outstanding.
(V. 23, p. 302; V. 25, p.
137.)
Atlantic ci Great Western.—This, road was leased
to the Erie for 99 years from May 1, 1874, but
the
lease
was
contested. =
Shortly after
(in
July, 1874) default was made on its bonds. Pro¬
ceedings looking to re-organization are in progress,
and
a
considerable
amount of securities
nas
been
deposited by holders with the London Committee.
There has been litigation as to postponing the pay¬
ment of the old Ohio Division bonds.
In Jan.,
1878, £4 per bond was paid on the coupons of Jan.,
1876, of the leased line reutal bonds or 1872. Gross
earnings in 1877, $3,973 278; net income over
rentals, &c., $154,170.
(V 25, p. 16, 334, 510,
591, 640; V. -;6, p. 66, 95, 2 1 4, 444.)
Atlantic A Gulf.—The Company also has $334,000
of old sectional mort. b’ds outstanding; $500,000 10
Eer
RR.
centand
coupon
notes;Bainbridge
$45,000 .Junction
BranchInter¬
onds,
$52,500
Ext. bonds.
est
sectional mortgages,
prior liens to the
consolidated, is paid by receivers, and on consoli¬
dated bonds 6 mos. in arrears. In New York, July,
Capital stock *77, $1,000,0002a mortgage bonds, held as collateral,
„T°I)€la A Santa
J?et eWBiags. 1877, $1,219.60 J; see annual were sold at auction at 5^@6^. (V. 22, p. 469;
gPO^V.COn8°b
*6, p. 468. Interest is paid on $976,000 V. 24, p. 3D, 181, 203, 368; f. 25, p. 57, 407.)
mor*ga2e bonds, baton the balance
or that issue
coupons were funded to Oct. 1876
Atlantic, Mississippi A Ohio.—Gross earnings I
year ending June 30, 1877, $1,802,281; expenses,
$1,331,412; net earnings, $470,839. The divisional
bonds matured and maturing up to July, 1880, have
on
-
Atlantic A St. Lawrence.—Leased for 999 years,
from
July, 1853, to
Canada.
Annual
stock.
Grand Trunk Railway of
rent, 6 per cent on bonds and
Augusta A 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¬
road at 40 per cent
earnings
were
of gross receipts.
In 1877 gross
#136,962. The Pennsylvania Railroad
holds all the 2d mortgage
bonds.
Baltimore A Ohio.—Annual report
V. 25, p. 509. The gross earnings
for 1876-7 in
of the.“Main
Stem,” Ac., and financial condition of B. & O.
Co. for four years were as
Gross
1876-7
1875-6
1874-5
1873-4
1872-3
Earnings.
$8,262,045
9,632,361
10,514,178
11,693,955
12,252,844
follows:
Stock and
Net
Earnings.
$3,666/ 93
4,215,554
4,332,206
5,018,060
4,934,796
$
Debt.
47,811,000
47,173,000
45,876,000
28,567,000
RAILROAD STOCKS AND BONDS.
rvi
Subscriber* will confer
a
Miles Date
of
of
Road. Bonds
explanation of column headings, Ac., see notes
on first page of tables.
Baltimore dt Ohio—(Continued)—
Purchase of Connellsv. RR (payable $40,000y’ly)
Loan., ster., (s. f. .£7,500) lien on Chic, line bonds.
Northwestern Virginia, 3d mortgage, 1855-85 ...
263
Bonds to State of Maryland
Baltimore A Potomac—1st M (tunnel) gold, s. f. 1 p. c.
1st mort., gold, tax free, coup., s. f. 1 per cent—
2d mortgage, income, main line and tunnel, reg..
m
m
m
m
•
•
•
•
•
.
•
•
98
98
56
BellevilleA South.Ill— 1stM..sink’gfund, guar
BelvidereDel.—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
64
67
84
1875
38 *2
151
29
43
Bonds
Equipment notes
($400,000 are 7s)
Boston, Concord A Montreal—Preferred stock......
N. Bedford Railroad bonds
166
Com. stock (for old dividends & new stock)
Sinking fund bonds ($654,000)
160
82
Consolidated mortgage bonds (for $2,000,000)
Boston A Lowell—Stock
Mystic wharf purchase bonds
or
par
Value.
Amount
Outstanding
£200
$....
1,000
1,000
1,000
1,000
1,000
500
500
1,000
1,000
1,000
100 &c.
1854
1,600
’69-’70
1876
1,000
1,600
’61-’74 500 &c.
100
100
100 &c.
1858
100 &c.
1873
500
52
66
mortgage
Bonds to purchase branches, coupon or
$800,000
100
1873-4 500 Ac.
1875
1,000
100
1873
registered
*
142
140
121
121
367
281
Buffalo, New York dt Erie—Stock
New mortgage
Buffalo, N. I. dt Philadelphia—1st mort., gold
2d
mortgage (for $1,000,000)
Burlington, C. Rapids dt Northernt—1st mortgage ...
Burl.dtMo. Riv.—1st M. on r*d A400.000ac’s I’d 1 Cp.
Income b’ds, conv. C. B. & Q. st’k (4th ser.) I maj
1st mortgage, conv. do. on br’ch (5th ser.) ( be
Convertible bonds, C. B. A Q. st’k (6th ser.) J reg.
Burl dt Mo. in Neb.—1st M., conv., land gr.. ) Coup
Bonds, convertible till Jan., 1882
> may
Omaha A S. W., 1st mortgage, guar
) berg,
Burl dt Southwest.—1st mort., cp., maybe reg.
Cairo dt St Louis—1st mortgage
Cairo dt Vincennes—1st mortgage, gold
California Pacific—1st mortgage, gold
2d mortgage, endorsed by Central Pacific...
40
191
49
181
144
156
139
139
139
67
60
60
31
1st mortgage (extended 20 years in 1873)
2d mortgage
Camden dt Burlington Co.—1st mortgage
Can. South.—New mort., int. guar.(for $14,000,000
Income bonds, coupon
291
242
242
gold, coupon.
92
Gatawissa—Common stock
New preferred stock
Old preferred stock
1st mortgage bonds
Chattel mortgage bonds
New mortgage
.
.
Cayuga dt Susquehanna—Stock
and net earnings,
$4,982,805, includmg earnings of Pittsburgh Division.
Div. of 25 per cent on Wash. Branch
1878. (V. .25, p. 62.107, 609, 532;
stock in Jane,
V. 26, p. 289,
367, 598.)
1853
1855
1867
1878
1873
1874
....
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
500 Ac.
100
50
500
500
500
500
1,000
1,000
l’,66o
1,000
1,000
500
50
1,000
1,000
500 Ac.
1,000
1,000
1,000
50
65
1,000
1,000
1,000
100
70
58
1872
1864
1866
1861
1863
1866
3,250,000
200,000
6
••
•
•
•
100
500 Ac.
500 Ac.
100
100
500 Ac
500 Ac
500 Ac
279,000
370,500
5,715,000
600,000
1,034,000
1,800,000
2,500,000
3,500,000
2,250,000
1,600,000
3,000,000
1,215,550
490,000
497,000
350,000
'
•
*7*
■
United Co.’s of N. J.t and lease assigned to Penn. RR.
Net earnings go to lessor. In 1877 net earnings of
D. were $121,565. Floating debt, $171,702.
A
A
A
A
A
A
A N.
J.
J.
J.
J.
J.
J.
A.
Apl. 1,1878
May 15, 1878
Feb. 1, 1892
July 1, 1895
July 1, 1884
1889 A ’90
June 1, 1896
’ 81,’82, ’83.’85
Jluly, 1881A 94
May 13,1878
1889
1893
Boston, at Office.
July 1, 1878
Oct. 1, 1879
do
do
do
do
do
do
do
%
*
Boston Office.
do
do
April 1, 1892
1,1895
July 1, 1896
May 15, 1878
<! an., 1893 & 94
March
do
Boston, at Office.
do
do
New York.
Bostop, at Office.
do
do
New York, Erie RR.
N. Y., Erie Railway.
do
do
N. Y., Farm. LAT.Co.
do
do
New York.
Aug. 1,1895
May 15,1878
July 1, 1893
Jan.
Dec.
1, 1896
1, 1877
June 1, 1916
July 1 1896
1893
July 1,
Sept. 1,
Boston and New York. Oct. 1,
April 1,
do
do
do
do
July 1,
do
do
July i;
Boston Office.
July 1,
Jan. 1,
do
do
Boston, Co’s Office.
New York and London.
N. Y., Nat’l Park Bank.
do
do
New York.
1906
1893
1879
1894
1889
1894
1883
June 1, 1896
May 1, 1895
Oct. 2, 1901
Oct., 1909
Jan. 1, 1889“
__
1891
July, 1905
Jan, 15, 1877
2
Camden, Co.’s Office.
Q.-J.
Jan., 1893
7 g. J. A J. Phila., Farm. A M. B’k.
Oct., 1879
do
do
A. A O.
7
6
3
6 g.
7
3,000,000
*’3*2
3*2
7
•
•
•
•
7
1,300,000
589,110
F. A A.
J. A J.
M.
M.
F.
F.
F.
4*2
-
7
7
1
198,000
1,334,000
6,850,400
769,600
700,000
2*2
7
7
7
582,000
2,332,000
Phila. and Mt.
N. Y.,
,4,
bonds due in I860, and $350,000 due in 1875. (V. 2‘
p. 516; V. 26, p. 546.)
Boston A Lowell. —Operated with the Nashua &
Lowell, which receives 81 per cent. There are
A N.
A
A
A
A
1897
1, 1908
4 Broad st. July 1, 1923
April 1, 1914
Philadelphia.
May 15,* 1878
May 15,1878
Feb. 1, 1882
do
do
A.
1888 to ’89
A.
Philadelphia.
Feb. 1, 1900
do
A.
J. New York, 44 South st. Jan. 2, 1878
O. N.Y.,J. S. Kennedy A Co April 30, 1884
Jan. 2, 1907
do
do
J.
Q.—F.
F.
F.
F.
M.
Jan
do
A N.
A
A
A
J. A
A. A
J. A
Holly.
Union Trust Co.
J. A J. N. Y. Office,
do
A. A O.
Boston, Treasurer.
do
A.
A. N. Y., Nat’l
do
A
do
N
do
May 1, 1878
Feb, 1, 1878
Park Bank. Aug. 1, 1891
Au£. 1, 1894
do
do
is made to issue new 6 per
May, 1916
cent bonds for 8s matur¬
ing in 1879. Omaha & 8. W. is leased. (V. 23,
p. 159; V. 26, p. 192, 494, !48, 598.)
Burlington A Southwestern.—Defaulted Nov., 1878.
$407,000notes outstanding. (V. 23, p. 500; V. 25,. Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo A St. Louis.—Defaulted in 1873 by failure
16; V. 26, p. 39.)
to receive town and county bonds.
Receiver ap¬
Boston A Maine.—Net income, 1876-7, $660,964
B.
against $846,653 in 1875-6.
500; V. 25. p. 531.)
(V.22.p.280; V. 23, p.
Boston A N. Y. Air Line.—Formerly
Middletown & Wil. Road cost about
represented now by $3,000,000 preferred
N. Haven
$6,000,000,
stock and
$1,000,000 common. Gross earnings 1877-8, $265,925;
net. $77,482. (V.fc2,p.567; V.24,p.589; V.26,p 598.)
Boston A Providence.—The bonds and also $794,000
notes have been issued for purchase of branch
roads. In November, 1877, $800,000 ten-year notes
were authorized, to take up others falling due.
(V.
Berkshire.—Leased to Housatonic, at 7 per cent 23. p. 547; V. 25, p. 531.)
per year on stock, bnt 1\ per cent is usually applied
Buffalo, Bradford A Pittsburgh—Under perpetual
for taxes, Ac.
lease to Erie at $40,600 per year.
Boston A Albany.—As this is the principal West¬
Buffalo, New York A Erie.—Leased to Erie in
ern trank line from New England, its yearly reports
show the course of business on that class of rail¬ 1863, for 490 years, at 7 per cent on stock and interest
roads. In past four years the following has been and sinking fund on bonds. (V. 28, p. 648; V. 24, p.
its exhibit:
Gross
Net
Total Stock 846; V. 25, p. 16.)
_
Earnings.
. and Debt.
Earnings.
$2,166344
$28,870,509
$6,779,610
7,074,758
2,891,764
27,129,282
7,634,139
2,262,147
26,478,282
8,963,128
2,414,916
25,422,100
471; V. 24, p. 204; V. 25, p. 430; V. 26,
....
(V. 23, p.
p. 166.)
J.
O.
J.
O.
O.
8.
J.
N.
J.
A.
A J.
A D.
7 g.
A D.
6 g.
A J.
A J.
10
5
AD.
7
A O.
A. A O.
8
8
J. A J.
J. A J.
8
J. A J.
8
J. A J.
8
8
J. A D.
M. A N.
8
A. A O.
7 •
7 g. A. A O.
7 g. J. A J.
6 g. J. A J.
J. A J.
3 A 6
31*
-
1, 1916
Ian.
m
A
A
A
A
J. A J.
7
7
1902
1885
1887
p.
Baltimore dt Potomac.—'This is the line of the
Penn. Railroad from Baltimore to Washington. The
bonds are goaranteed by Penn. RR. and Northern
Cent. Net earnings, 1877, $111,788 (V. 22, p. 588;
V. 24, p. 563; V. 26, p.v598.)
Belleville A SotUhemJUinois.—Leased and operated
by 8t. L. Alt. A 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
1876-7
1875-6
1874-6
1873-4
J.
O. Worcester, City Nat. Bk.
Boston Office.
N.
J. Boston, Boston N. Bank
do
do
J.
do
do
D.
O.
do
do
J. Boston, Suffolk N. Bank
Boston Office.
N.
m
1885
London.
Boston Office.
do
do
A.
7
3
or
1879-1900
1, 192'
one
do
do
Baltimore.
N.
3
6
3,000,000
230,500
209,850
m
m
7
7
Baltimore
O.
N. Y., Russell Sage.
D.
Philadelphia.
8.
do
do
A.
J. Treasurer. Trenton, N. J.
J.
A.
J.
A.
A.
M.
J.
M.
J.
F.
M.
(?)
1,159,500
1,000,000
2,200,000
A
A
A
A
A
•
6 A 7
2
6
500,000
289,500
•
* Slocks—Last
Dividend.
Lon., J. S. Morgan A Co.
J. Balt., Mech’s Nat. Bank
M. A
F. A
J. A
A. A
M. A
J. A
J. A
J. A
A. A
J. A
M. A
6
4,000,000
4,638,250
•
6
7
7
8
6 A 7
3
„
Q.—J. Boston, Kiaaer, P. A Co
1%
4
7
6
7
500,000
905,500
6,650,000
Baltimore.
A.
J.
M.
F.
J.
7
Whom.
J.
J. A J.
A. A 0.
J. A J.
8
,
Payable and by
Baltimore.
J. A
J. A
J. A
J. A
6
6
Where
J.
D.
6
5
6
6
6 g.
6 g.
6
500,000
425,000
6,921,274
3,500,000
2,582,000
1871
1871
1869
1871
1875
'
1,000
50
.'
and all leased lines
1869
1869
1870
1869
1873
1872
1870
400,000
799,600
528,000
870,000
571,500
800,000
1,000,000
202,000
1,478,000
500 Ac,
100
1863
3,017,700
(1) **
580,000
950,000
2,380,000
l',660
1876
1871
1873
1876
Pay’ble
8,000,000
140,000
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
....
*
i66
14
Cedar Falls dt Minn.—Bonds on 1st div. sink, fund.
Bonds on 2d division, sinking fund
Cedar Rapids dt Missouri—Common stock
1...
Preferred stock, 7 per cent
1st mortgage
;•
do
do
*
*26
Buff.,Brad. A Pitts.—Gen. M.,(incl. 10,000 ac. I’d)....
Carolina Central—1st mortgage,
•
Cent.
999,500
1876
204
Rate per
When
$880,000
$....
1872
1875
Bonds
Bonds
New bonds
Boston A Maine—Stock
The gross earnings of the main
in
1876-77 were $13,‘<03,860,
Size
INTEREST OR DIVIDENDS.
100
100
187i-2
registered
Boston, Barre A Gardner.—1st mortgage
Bost.,Olin.A Fitclib.A N.B.—Stock ($1,750,000 pref.)
1st mortgage, Agricultural Branch
Mortgage bonds 1869-70.
Ten year notes for
1875
1877
1855
1878
1871
1871
1875
1866
1877
1854
1857
1876
21
321
Berkshire—Stock
Boston A Albany—Stock
Dollar loan
Loan of 1875, coupon or
Bonds, coupon and registered
Boston A New York Air-Line—1st
Boston dt Providence—Stock
discovered In these Tables*
great favor by giving Immediate notice of any error
DESCRIPTION.
For
IJune 29, 1878.
Boston Barre A Gardner.—Income in 1876-77
showed s deficit of $44,420 under interest charge.
Bost. Clinton Fitchb AN.Bedfd.—'TtnB was a con¬
solidation in May, 18,‘6, of the B. C.& F. and the N.
Bedf. roads. May 1,1878, there were $719,792 notes
outstanding. (V. 28, p. 631; V. 24, p. 134, 518.)
Buffalo, New York A Philadelphia.—This is the
connecting line of the Philadelphia & Erie with
26, p 574.)
Burlington Cedar Rapids A Northern.—The
Buffalo.
stock
$10,009,000, cf which $5,500,500 has been
issued. This company guarantees $150,000 Minne¬
apolis & St. L. RR. bonds. (V. 24, p. 518; V. 25, p.
is for
360,510.)
Burlington A Missouri River.—An agreement of
consolidation and a perpetual lease to Chicago, Bur.
Quincy, was made in Oct., 1672. In August, 1875.
stock of Chic. Burl. & Q. was issued in place of
stock of this C.>. and for convertible bonds. Annual
Boston, Concord A Montreal.—Gross earnings for report V. 20, p. 335. (V. 20, p. 189; V. 22, p. 87.)
the year ending with March, 1878, were $654,272;
Burlington A Missouri in Nebraska.—The stock Is
net earnings, $201,100. There are also $76,000 old $8,583,750. Has a valuable laud grant. A proposal
&
pointed December, 1877. Deficit in earnings
$30,115. (V. 22, p. 352; V. 25, p. 511, 569.)
Cairo A Vincennes.—Defaulted in
of receiver.
Deficit in earnings
(V. 22, p. 446.)
California Pacific.
-
1878-7,
1874. In hands
1816-7, $11,747.
Gross earn’gs, !78-7, $1,326,632;
net, $44S,026. Extension bonds or $3,500,000 and in¬
comes of $1,000,000 were in default, and the new
bonds of 1875, guaranteed by Cent. Pacific, were
issued in place thereof. (V. 28, p. 62; V. 24, p. 274,
468,605.)
Camden A Atlantic.—Gross earnings, 1877,
483; net, $177,041.
Interest, Ac., $92,879.
dend, 2 per cent.
Camden
A Burlington
Co.—Leased to
Companies, at 6 per cent on $382,000
stock.
$477,-
Divi¬
United
Canada Southern.—These bonds have interest
guaranteed for 20 years by New York Central, at
8 per cent for 8 years and 5 per cent for 27 years,
hut no guarantee of principal. (V. 24, p. 542; V.
25, p. 283,808, 375; V. 26, p. i67, 891, 574.)
Carolina Central.—Receiver appointed December.
1876. Passed interest January, 1876. *(V. 23 p. 622.)
Cataunssa.—Leased to Phila. A Read., Oct., 1872.
New preferred stock dividend to be 7 per cent
in 1875-6 and aherwa-d. (V. 20, p. 881.)
Cayuga A Susquehanna.—Leased in perpetuity t«
Del. Lack. A West. Dividends, 9 per year.
Cedar Falls A\Minnesota.—Leased to Dub. A
Sioux
City, and sublet to Ill. C. at $1,500 per mile yearly,
and a per cent of all earnings over $3,500 per mile.
Cedar Rapids
A Missouri.—Leased to
Chicago A
Northwestern at $700 of first $1,500 gross eaminCT
per mile; one-third of the next $3,000 per
one-fifth of all above that. (V. 20, p. 162.)
mile, and
Jtwb 29,
,
.
,
1876.]
Subscribers will conifer a great favor
DESCRIPTION.
For explanation of column headings,
on first page of tables.
Ac., see notes
Central B. B. A Bank, Ga.—Stock
Genera] mort. “tripartite” bds ($5,000,000) coup.
Macon & Western bonds
Central of Iowar-1st mortgage gold, coupon.
2d mortgage,' gold, $4,000 per mile
Central of New Jersey—Stock
781
Miles Date
of
of
Road. Bonds
708
620
•
•
•
•
202
202
359
•
•
•
•
•
•
•
.
m
m
m
„
•
•
•
•
•
•
•
•
•
Cherry Talley 8har. A Al.—1st mort., convert
Chesapeake A Ohio—stock
1st mortgage sinking fund gold
1st mort. exten. (2d on 427 miles) coup, or regd..
Debentures convertible into 2d mortgage
1st mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds
Ineome bonds (for funding)....
Cheshire—Stock, preferred
Bonds, not mortgage
Chester Va lley—1st mortgage.
•
•
•
21
427
427
•
•
^
.
•
.
.
.
Chicago A Ill. Riv., 1st mort. ($474,000 guar.)...
'Bonds secured by K. 0. St. L. A C. bonds...
Chicago, Burlington A Quincy—Stock
1st mortgage, sinking fund, (trust)..'
Consolidated mortgage coupon, (for $30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington toPeoria)
Plain bonds (coupon or registered).
Bonds of 1875, (sinking fund $13,860 per year)..
Carthage A Burlington, 1st mort..
Dixon Peoria & Hannibal, 1st m... •
Coupon,
Ottawa, Oswego A Fox Riv., 1st m >but may be Illinois Grand Trunk, 1st mort
registered.
..
1
l
Keokuk A St. P., 1st M. (Coup., but may be reg.)
B*ds for St. L. R. I. A C. (sink, fund $50,000) coup.
Quincy Alton & St. Louis, 1st mortgage, coupon..
•
In April, 1875, pur¬
chased one-half interest in Western Railroad of
Alabama at foreclosure sale.
The “tripartite”
bonds are issued jointly by this Company, the Macon
A West., and Southwestern. Gross earnings year
ending Aug. 31, 1877, 12,409.092; net, $826,925.
23, p. 853, 498; V. 23, p. 430.)
(V.
foreclosure, July 18,
Gross earnings, 1877,
$723,818; net, *204.190. (V. 23, p. 159, 427; V, 24,
p. 135,564; V. 25, p. 62, 237,431, 591; V. 26, p.
215.)
Central of Iowa.—Sold in
1877, und^r 1st mortgage.
Central of New Jersey.—A full abstract of the re¬
organization scheme now pending was published in
the Chronicle, V. 26, p. 215. with a brief statement
of earnings in 1877 and probable future earnings.
Net earnings, 1877, after payment of Lehigh A
were $1,838,335.
The report of
Committee consolidated mortgage bondholders was
given in V. 24, p. 494; and on Lehigh AWilkesbarre Coal Company in V. 25, p. 63. The Central
of New Jersey assumes
$2,3tO,UOO of Lehigh
Coal A Navigation Company's debt and $265,793
of the Railroad Car Trust Company. The Ameri¬
can Dock A Improvement Co. executed a mortgage
for $4,000,000, in 1877, to secure its bonds. The
Susq. rental,
following table shows the receipts, expenses and net
earnings, including Lehigh A Susquehanna Divi¬
•
•
Outstanding
$100
$7,500,000
1,000
3,500,000
117,000
3,700,000
500 Ac.
1,000
925,000
100
20,600,000
5,000,000
4,400,000
15,000,000
3,278,000
600,000
1,680,000
11,500,000
•
1869
1872
1,000
1,000
1,000
1874
1876
1867
1874
500 Ac.
1875
1,000
....
1,000
£200
50
50
....
....
....
2,500,000
54,275,500
25,883,000
1,500,000
1,483,000
1,000
1,000
....
....
1869
1,000
....
1,000
....
....
1868
1872
1870
1870
1,000
1,000
1,000
1,000
1869
....
1872
1871
1,000
1,000
1869
500 Ac.
.
_
_
.
.
100 Ac.
1,000
1,000
....
t
ibo
500 &c.
100
677
649
322
220
220
38
38
150
37
37
150
101
"28
1620
466
825
100
96
6,000,000
2,00#,000
500.000
8,704,000
1,810,500
500,000
500,000
300,000
15,898,401
15,000,000
5,426,000
66,000
300,000
160,500
1,220,331
2,153,300
836,400
500,000
10,065,300
1,087,000
1,500,000
306,000
1,000
2,365,000
564,000
188,000
360,000
2,120,000
(!)
1,000,000
3,000,000
1875
1878
i,obo
100
27,644,916
1858
1873
1,000
1,000
2,715,000
11,521,000
841,000
661,000
....
1,000
1,000
1875
1869
1869
1870
1870
1870
1869
1876
500 Ac.
500 Ac.
1,000
500 Ac.
1,000
500 Ac.
1,632,475
423,000
266,000
546,500
1,079,000
890,500
720,000
317,000
1876
1,000
1,000
2,467,000
840,000
C7*2 1872
1,000
2,571,350
500 Ac.
1,000,000
1867
ceipts for five years, and 40 after.
0.
J.
A. A O.
7
6
7
7
2
3
6
4
6
7
7
6
6
6
6
6
6
8
6
7
7
7
7
Q.—J.
g.
J. A J.
M. A N.
Q.—M.
gg.
g.
g.
g.
g.
J.
J.
J.
M.
A.
J.
J.
J.
A.
J.
J.
A
A
A
A
A
A
A
A
A
A
A
.
Savannah, Ga.
Macon, Ga.
New York, Office.
do
do
New York, at office.
do
do
do
do
do
do
do
do
do
do
London.
N.Y.—Cent. RR. of N. J.
do
do
J.
J. Balt., at B. A 0. office.
do
J.
do
S. Balt., West Natl. Bank.
O. N. Y. A San Francisco.
J.
N. Y., Fisk A Hatch.
J. Sacram’o State Treas.
N. Y., E. Kelly A Co.
J.
N. Y., Fisk A Hatch.
0.
J.
U. S. Treasury.
N. Y„ Fisk A Hatch.
J.
U. S. Treasury.
N. Y., Fisk A Hatch.
J.
J. New York A London.
J.
N. Y., Fisk A Hatch.
do
do
O.
....
g.
g.
g.
J.
J.
J.
A.
J.
A
A
A
A
A J.
Stocks—Last
Dividend.
Jan. 2, 1878
1, 1893
Oct., 1880
July 15,1899
April 15,1901
April 10, 1870
Jan.
1890
Nov., 1902
July 1, 1899
1886
1887
Feb.
1, 1899
June 1, 1900
31,1878
31,1878
Sept., 1890
Oct., 1877
Jan.
Jan.
1895 to ’98
July 1, 1884
Jan. 1, 1883
Oct. 1, 1900
1895 to ’98
July 1, 1809
1899
Jan. 1, 1888
Jan. 1, 1892,
July 1, 1890
Oct. 1, 1890
1895
N.Y.,M.K. Jesup,P. A Co,
A. A O. Philadelphia, Penn R.R.
J. AD. N. Y., Metropolitan Bk.
....
Bonds—Pnnci
pal, When Due
and by
J. New York A Savannah.
....
Oct. 1,
Dec. 15,
iooi
1899
....
6 S7 g.
7 S’
.
8
7
1
6
7
3 hs
3ia
6 S’
7
7
13t
8
7
7
7
7
7
7
6 S’
4
8
7
4 S’
7
7
5
8
8
8
8
8
8
5
5
7 S’
7
Pays 6 per cent
dividends.
Central Pacific.—To. 1876 a part of the 8outhem
Pacific line 3 was leased.
An abstract of the
annual report for 1876, including the land agent’s
report, also gross and net earnings to June 30, 1877,
was uiven in the Chronicle, V. 25, p. 200.
Gross
earnings, 1876, $18,146,944, currency; expenses,
$8,732,074; net earnings. $9,414,869.
The policy of
per cent dividends yearly was declared
18757 Trustees of land mortgage held in May,
1878, $1,109,242 m cash, and $:,696,912 ii notes,
against the land grant bonds. (V. 25, p. 200, 236,
375,880; V. 26, p. 3 >9.)
making 8
in
Charlotte, Columbia A Augusta—Stock is $2,578,000, and $189,500 of old Col. & Aug. bonds are yet
outstanding. Net earnings in the year ending Sep¬
tember 30, 1877, $2)2,488, against $203,327 the pre¬
vious year. (V. 24, p. 62; V. 26, p. 95.)
Chartiers—Leased to Pitts. Cin. & St. Louis, and
operated by Penn. Co. Net earnings go to lessor—
in 1877, $42,406. (V. 22, p. 519; V. 24, p. 419.)
Cherry V^Ueij, Bhar. A A/.—Transferred to Dela¬
& Hudson Canal Co., April, 1875. Interest
unpaid in December, 1875. (V. 20, p. 404.)
ware
1878, for $2,750,000.
D.
F. A A.
M. A N.
Chesapeake A Ohio.—Sold in foreclosure April 2,
A complete statement of out¬
Receipts.
Expenses. Net earn’gs. standing liabilities and the plan of re-organization
$4,140,601
$8,589,631
$4,449,010 were given in V. 21, p. 569. Last annual report
7,411,637
3,281,910 with earnings, expenses, Ac.. in V. 26, p. 17. Net
4,128**7
3,684,000
6,946,0)0
3,262,000 earnings 1876-7. $339,307. (V. 22, p. 42. 87. 134,
187?..
6,659,067
8,209,697
2,449,371 230, 375, 392. 589; V. 23, p. Ill, 525; V. 24, p. 62,
(V. 24, p. 63, 111, 135, 156, 204, 226, 249, 274, 275, 299, 320; V. 25, p. 136, 641; V. 26, p. IT,- 342, 5?2,
299, 896, 420, 445, 494, 51T, 590, 604: V. 25, p. 63,457, 6J5.)
591; V. 26, p. 40, 66, 95, 141, 216, 315, 391, 495, 574,
Cheshire.—"Set income, 1876-77, $78,156. New 6
V
592,624.)
per cent bonds for $586,000 authorized, to redeem
Central Ohio.—Leased to Baltimore A Ohio RR. bonds of 1880. (V. 23, p. 5 4 8; V. 26, p. 495.)
in 1866 for 2) years; rent 35 percent of gross re¬
Chester Valley.-^ln hands of trustees and leased
sion:
J. A
J. A
A. A
J. A
Q.-J.
7
7
7
6
8
500 Ac.
100
1868
1870
2ha
6
2,425,400
1,000
1,000
1,000
1,000
1,000
7
7
7 g.
7 g.
100,000
4,379,850
2,383,000
1857
1864
1864
1868
Rate per When Where payable,
Cent.
Whom.
Payable
902,000
100
1872
32
40
70
44
40
43
270
46
6,080,000
25,885,000
2,616,000
1,970,000
1,000
1,000
■
1873
1863
1862
411,550
100
1865-8
1864
1862
1870
1869
1872
1872
3,000,000
2,437,950
1,000
....
....
Amount
Value.
....
1874
73
roads, and guarantees bonds.
par
88
Chicago, Cincinnati A Louisville—1st mort.
Ga.—Leases several
•
INTEREST OR DIVIDENDS.
or
....
Chicago A Canada Southern—1st mort., gold
Central RaUioad A Bank,
Size,
1872
1870
1869
1871
21^
A Uon—Common st<
Preferred st’ck (7 p. c. y’rly not cumulative)
General mortgage, sterling, for £900,000
1st mortgage
Income bonds
^Joliet A Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund
St. Louis Jack. A Ch., 1st mortgage
do
1st mort. guar, by C. & A...
do
do
do
2d mort. guar, by C. & A...
do
do
2d mortgage
Louisiana A Missouri, 1st mortgage.
do
do
new mortgage for $300,000
/
by* giving Immediate notlee of any error discovered In these Tables*
74
Mortgage bonds
Bonds (convertible Nov., 1875 to 1877)
97
Consolidated mortgage (for $25,000,000)...
New general mortgage (“ blanket”)
7
Newark & New York, 1st mortgage
Lehigh A Wilkesbarre Coal Co., 1st mort. guar—
do
do
Consol m., coup. guar.
Am. Dock A Imp.Co. bonds, guar. Ceut.of N. J....
137
Central Ohio—Common stock
137
Preferred stock
137
1st mortgage bonds
1213
Central Pacific—Stock
742
1st mort., gold, (2 sinking funds, $50,000 each)..
50
California State aid, gold (s. fund, $50,000)
138
Bonds, formerly conv. into U. 8. bds (s.f. ,$35,000)
146
1st mortgage on San Joaquin Valley Branch, gold
742
U. 8. Loan, (2d lien on certain terms)
158
Western Pacific, 1st mortgage, gold
123
do
Government lien
152
Cal. A Oregon, 1st mortgage, gold (guar by C.P.).
152
C. P. bonds, mortg. on C. A O. Br. ($7,200,000 g.)
20
San Francisco O. & A., 1st mortgage ($1,500,000)
Land bonds on 11,722,400 acres
195
Charlotte Columbia A Augusta—1st mort. consol...
195
2d Mortgage.
23
Chartiers—1st mortgage...
Quincy A Warsaw, 1st mortgage
xrfi
RAILROAD STOCKS AND BONDS.
*
'
'
M.
J.
J.
J.
J.
J.
J.
A
A
A
A
A
A
A
N.
J.
J.
N.
do
do
do
do
J.
N. Y., Am.
Exch. Bk.
J.
J.
do
do
do
J.
do
Y., Fisk A Hatch.
Nov.. 1899
July 1, 1902
July 1,*77 to *92
1880
1884
1876
1877
1893
do
do
J. A J.
J. A J.
Jan. 15,1878
Boston.
do
July 1,’80 A *96
May, 1872
8,1878
8,1878
J. Lond’n,J.S.MorganACo. July 1, 1903
J. N.Y.,M.K.Jesup,P.A Co.
Jan., 1893
do
do
0.
Jan., 1883
N. Y. U. S. Trust Co.
July, 1878
Q.—J.
N. Y.,M.K. Jesup,P. A Co.
July, 1882
A. A O.
April, 1894
dq
do
do
do
A. A O.
April 1,1894
do
do
J. A J.
July, 1898
do
do
J. A J.
July, 1898
do
do
F. A A.
Aug., 1900
Philadelphia.
M. A N.
M. A
M. A
J. A
J. A
A. A
S. N.Y.,M.K. Jesup,P. A Co.
do
S.
do
Mar.
Mar.
M. A S. N.Y.,M.K.Jesup,P.ACo. March 1,1906
do
do
M. A N.
May 1, 1903
M. A S. N. Y., Bk. of Commerce. Mar. 15.1878
J.
J.
J.
A.
J.
J.
M.
J.
J.
A.
J.
A.
A.
F.
A.
do
do
A J.
A J. N. Y.N.Bk.of (hm. ABost
Frankfort.
A J.
A O. N.Y., N. Bk. of Com’rce.
Boston, Co.’s office.
A J.
A D.
Boston, Co.’s Office.
A
A
A
A
A
A
A
A
A
J. A
N. N.Y.,
N. Bk. of Com’rce.
J.
J.
O.
J.
O.
O.
A.
O.
J.
do
do
New York and Boston.
Boston.
New York and Boston.
Boston.
do
Boston, C. B. A Q. RR.
N. Y., Union Trust Co.
N. Y., Farm. L. A T. Co.
1, 1883
July 1, 1903
July 1, 1890
Oct. 1, 1890
Jan.
Jan. 1,
1896-
June 1, 1895
May, 1879
July, 1889
July, 1900
Oct., 1890
July, 1890
April, 1879 ,
Oct. 1, 1901
Feb.
1, 1896
April 1, 1902
Jan., 1887
to Philadelphia & Reading. Coupons dne 1860, paid
May, 1876.
Chicago A Alton-—The report for 1877 is given at
length in "V. 26, p. 218, and snows gross earnmgs of
$4,464,343, and net earnings of $2,107,837, against
$2,269,467 in 1876. Joliet & Chicago RR. is leased for
interest on stock and bonds. St. L, Jack. A Chic.
Railroad leased at $240,000 per year. Louisiana A
Missouri Railroad operated under contract. New
extension to K »ns is City built, in 1878, and a mort¬
gage on that line (K. U. St. L. & Chic, RR.) is
deposited in trust as security for C. & A. gold 6s of
1878. Chic. & III. River was to bave been sold May
81, 1878. bit sale enjoined. (V. 25, p. 453; V. 26, p.
95,192, 213,289,436,547.)
Chicago Burlington A
Quincy.—Purchased in Oct.,
Cnic. road, for $1,570,000 in
gold. Gross earnings for 1877 were. $12,530,875; ex¬
penses, $7,3^9,708; net earnings, $5,221,166; interest
charge, $2,139,9 1. The C. B. A Q.. leases numerous
branch roads, giving them a traffic guarantee (usually
40 or 50 p. ct.) for purchasing their bonds.
Leases
la perpetuity the Q. A. & St. Louis at $42,000 per
annmn.
Enough of the C. B. & Q. consolidated
moitgage is reserv d to take up pnor debts.
In
Angust, 1875, stork of this Company was issued in
exenange for Bonington & Missouri River Railroad
stock, and the same is also given for the convertible
bonds of Burlington A Missouri River Railroad.
The bonds of T876, for purchase of St. Louis Rock
Isl. & C. Railroad, are plain bonds of Chicago Bur¬
lington & Quincy, but offset by 7 per cent mortgage
1876, St. L. Rock Is. &
bonds of like amouut, scared on St. Louis Hock
Island & Chicago road, and deposited with trustees.
(V. 24. p. 63, 111, 202,
190, 548.)
Chicago A Canada
274; V. 25, p. 138; V. 26, p.
Southern.—Connection of Can¬
ada Southern.
Interest in default and amount
overdue January 1.1817, $628,180. Deficit on opera¬
tions in 1876, $23,821. (V. 25, p. 261.)
*
Chicago, Cincinnati A
tion furnished.
Louisville.—No informa¬
BAILROAD STOCKS AND
ZTlii
Subscribers will confer a
great favor by giving Immediate notice
explanation of column headings, &c., see notes
on first page of tables.
Chic. & East. III.—1st mort., gold, sinking fund
Indiana exten., 1st mort., gold (2d mort on 114m)
Chicago <£ Iowa—1st mort., coup., may be reg
Chicago, Iowa <& Nebraska—Stock
2d mortgage (now 1st)
3d
do
(now 2d)
Chic. <£ L. Huron—Peninsular,
1st M., gold, s. f
Port Huron & L Mich., 1st mortgage
Chic. <t Mich. L. Shore—1st M., New Buff, to St.
1st
Miles Date
of
of
Road. Bonds
52
Branch
%
a.®
P <D
o+e
03
Chicago
<t Northwestern—Common stock
Preferred st’ek
(7 p. c. y’rly, not cumulative)
Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh.
Interest bonds, funded coup., 2d m., Chic, to Osh.
mortgage (Beloit & Madison Railroad)
Chicago <fc Milwaukee, 1st mortgage, 2d lien
Menominee extension, 1st mortgage, gold..
130
75
85
197
mortgage
Chicago, Back Island d Pacific—Stock
Branch bonds (sinking fund $40,000 per yr.)..
1st mortgage (for$12,500,000) coup, or reg...
Ohic. d S’western—1st M.g. (g’d in cur. by C.R71.&
Cincinnati, Hamilton d Dayton—Stock
1st mortgage of 1853
2d
do
1865
Consol, mort. (for $3,000,000), sink, fund 1 p. c.
Cin. Ham. & I, (Junction) RR., 1st mort., guar..
Cincinnati, Lafayette d Chicago—1st mort., gold...
Consolidated mortgage
Cincinnati d Muskingum Valley—1st mortgage...
Cin., Richmond d Chic.—1st mort., guar. C. H. &D.
2d mortgage, guar, and owned by C. H. & D
Cin. Richmond d Ft. W.—1st mort., gold, guar
Cincinnati, Sandusky d Cleveland—Stock
Preferred stook
.
do
{Bel.C.,&C.Ind.)
forfund
new mort...
& I. exch.
sinking
do
Chicaaodb East Illinois.—The Chic. Danv. & Vine,
sold in foreclosure Feb. 7 and 8, 1877, and both
Divisions were re organized.
(V. 25, p. 40, 334,
356. 481, 618; V. 26, p. 204, 315, 419.)
Chicago db Iowa.—Has a traffic guarantee of Chic..
Burlington & Quincy 40 per cent for purchase of
bonds,
told March 9, 1878, in foreclosure of 2d
was
mortgage of $1,150,000.
Net earning* 1876-7,
$114,366. (V. 25, p. 138, 307; V. 26, p. 166, 264.)
Chicago, Iowa db Nebr aska.—Leaned in perpetuity
to Chic. & Northw., at 37X per ct. of gross receipts.
-
Chic, db Lake Huron.—This was a consolidation
of “the Peninsular Railroad and Port Huron & Lake
Mich. To be sold in foreclosure under the sectional
mortgages. (V. 24, p. 275; V. 25, p. 90, 212, 283;
V. 26, p. 116.)
Chic, db Mich. Lake Shore.—In default since July,
1873, except on the $477,000. Foreclosure pending.
(V. 24, p. 493; V. 26, p. 495, 699.)
Chic. Mil. db St. Paul.—Net earnings 1877, $3,574,460; 1876, $3,100,847; 1875, $3,085,889. The earnings
were reduced in 1874 and 1875 by the lower freight
rates imposed by the Wisconsin railroad law.
The.
law was modified, and with April, 1876, higher rates
again took effect. Annual report for 1877, V. 26, p.
364. The following is a comparison for three years
at operations, and financial condition at the close of
year:
1,412
Miles
Stock
Debt
Earnings.
...
$27,683,744
29,954,500
8,114,894
1876.
1,399
1875.
1,399
$27,673,754
$27,673,744
30,010,500
27,129,009
8,255,743
8,054,171
4,958,821
*
•
•
1,000
1,000
1,000
1859
1862
1853
100
100
100 &o.
100 &c.
100 &c.
500 &c.
500 &o.
1865
1871
271,000
4,455,000
3,150,000
1,700,000
2,700,000
12,343,000
2,750,000
1,65Q,000
4,375,000
1,350,000
3,500,000
2,961,000
700,000
300,000
20.979,800
916,000
500 &c.
1871
500 &c.
1872
1870-1
1,000
1871-1
1,000
100 &c.
1871
1870
1,000
500 &c.
1872
1873
1,000
1.000
1871
1871
1,000
100
1875
1,000
1877 l,000&c
100 &c.
1869
100
1853
1,000
1865
1,000
1875
1,000
1873
1,000
1871
1,000
1869
1871
1866
1852
1867
1871
1872
1871
80
48
114
471
138
202
390
390
50
50
1,000
1,000
1,000
100
500
.
1860
1864
1869
1874
9,000,000
1,000
1,000
1,000
1,000
1,000
'
1,000
1,000
1,000
1
7
7 g.
7 g.
8
8
8
8
7 s.
3*2
7
7
7
7
7
7
8
73
7
7 g.
7
7
7
3
3^2
.
5,000,000
3,500,000
1,246,000
494,000
1,500,000
1,846,000
1,120,000
471,000
1,500,000
560,000
65,000
1,800,000
4,005,750
429,037
750,000
350,000
1,100,300
2,000,000
651,000
1,824,000
14,991,800
175,000
429,000
3,000,000
2,422,000
*
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
7
7
8
8
2
6
6
7
4
7
7
7
7
7
7
7
7
7
7
g.
g.
g.
g.
g.
g.
•
gg.
g.
lOsf
"
paying interest,
was
$1,835,018, and on the whole
proprietary roads, $1,078,226.
The net deficit on proprietary roads was $756,791,
For six
including the interest on their bonds.
months, June 1 to Dec. 1. 1877, gross earnings were
$7,758J67, again ft $7,641,756 in 1876; net profit
overiut,rentals, &c.,’$1,379,523, against $1,027,752in
1876.
Lands of the company are 2,153,074 acres
unsold. Operations of the C. & N. W. proper, for
three years, compare as follows:
Gross
1876-77...
Expenses
and taxes.
Net
earnings.
$5,829,819
$11,877,503
$6,517,680
6,364,873
12.773,711
7,408,857
4,728,031
12,707,726
7,984,694
bonds, including those of proprietary
roads, to jet her aggregating" $35,849,000, may be
absorbed by the gold loan, and that amount is
reserved from the $48,000,000. Dividends have been
.
1875-76
1874-75
All other
.....
6aid
follows:
on pref.,
3 on com.;
1876,2)4
>ec., as
1877,
8)$ onJane,
pref.; 1878,
Dec.3)4
on pref.;
July,
1878.3%
on
pref.; Dec
.
April, 1909
April, 1912
July 1, 1901
July 1, 1878
July 1, 1888
Aug. 15,1892
May, 1889
May 1, 1900
s£pt.
1872, 3% on both; June, 1872,
pref.: Dec., 1871, 8)4on pref.; June, 1871, 5
both; Dec., 1870, 5 on both; June, :870, 2on pref.;
3% on
Dec., 1869, 5 on pref., 4 on com.; June, 1869, 5 on
both; Dec., 1868. 5 on both. (V. 25, p. 160,444, 532;
V. 26, p. 469. £74 )
Chicago db Paducah.—Gross earnings 1876-7, $271,370; net, $68 291. (V. 23, p. 427.)
"
1889
July, 1890
Nov A 1891
Sept. 1, 1892
Jan., 1871
Apl. 10, 1878
j£y 1893
1, 1905
1884 '
1897
1894
1899
1898
1898
1891
Jan., 1902
1902
1903
■-
Feb. 1896
June 27,1878
June 27,1878
Aug. 1, 1885
May, 1883
Aug. 1, 1885
Aug. 1, 1885
Aug. 1, 1885
1882
1* 1884
Jan.
*
July 1. 1898
1, 1911
June
Dec.
Jan.
Nov.
Dec.
-
1, 1902
1, 1887
}’
IQIfi
1, 1916
Oct., 1900
3S?; i;
1903
^W901
1878
May 1,
Aug. 1»
July 1,
1895
1917
Nov., 1890
April* 1873
May I* 1880
July 20,1885
Oct.,
1905
NS,Vmi4
July 1895
Jan. 1* 1889
June, 1921
1872
Boston, Office.
M.
F.
M.
J.
A.
J.
J.
F.
J.
J.
M.
7 or 6 g. J.
system, including
earnings.
Whom.
'
ds—Prince
Stocks—Last
Dividend.
Payable, and by
O. New York, Co. ’s Office.
O.
do
do
J. New York and Boston.
J. Boston, by Treasurer.
J. Boston, Merchants’ B’k.
A. New York, Park Bank.
N.
New York.
N.
do
S. Bost., Treasurer’s office.
do
J.
do
N.
do
do
do
S.
do
J.
New York, Office.
O.
do
do
do
J.
do
do
J.
do
do
o.
do
do
J.
do
do
J.
do
do
J.
do
A.
do
do
do
A.
do
J.
New York’, Office.
J. London and New York.
J.
New York, Office.
do
J.
do
A. N. Y., Mil. St. Paul RR.
D. New York, Co ’s Offioe.
do
D.
do
do
A.
do
do
do
N.
do
A.
do
do
A.
do
dodo
A.
do
A.
do
do
J.
do
do
do
8.
do
do
J.
do
do
Q .—F.
do
do
A & O.
do
•
do
J. & J.
do
do
J. & D.
do
do
J. & D.
do
do
J. & J.
do
do
M. & N.
do
do
J. & D.
do
do
A. & O.
do
do
M. & S.
J. & J.
F. & A. N. Y., Farm, L & T. Co.
A. & O.
Q F. New York, Co .’s Office.
do
do
F? & A.
do
do
J. & J.
M. & N. N.Y., Chic. R. I.& P.RR.
A. & O. N. Y., Winslow, L. & Co.
do
do
xM. & N.
do
do
J. & J.
do
do
A. & O.
do
do
J. & J.
M. & s. N.Y., J.S.Kennedy & Co.
do
do
J. & J.
J. & J. New York, Moran Bros.
J. & J. N. Y., Winslow, L. & Co.
do
do
J. & J.
J. & D. N. Y., Winslow , L. & Co.
3
6
7
7
7
7
7 g.
3
7
77
•
Op. expenses. 4,540,433
5,170,354
Chic. Pek. dbSouthw'n.—Receiver appointed June,
Net earninsrs.
3,574,460
8,100,847
8,085,389
Of consol, "bonds of 1875 enoush are reserved to 3877. Net earn’gs 1876-7, $58,241. (V. 25, p. 16, 618.)
take up old debt. Dividends have been paid since
Chicago Rock IsTd db Pacific.—The mortg. of 1917
1869—on pref. stock—in 1878 7 cash, in 1877 3yt covers all the road and equipment and takes np all
cash, in 1816 14 per cent in bonds, andl3}£ per cent the prior b’ds. In 1877-8 gross receipts were $7,895,in cash; in 1874 7 in bonds, 1873 7 cash, 1872 7, 1871 870; net receipts, $3,511,356; dividend payments (8
7, 1870 7 and 3 scrip; on common stock in 1871 7 p. c.) $1,678,384: surplus for the year, $665,647. Con¬
scrip, 1870 3 cash and 7 scrip. (V. 22, p. 280, 421, trol of Peoria & Rock I. road has been purchased.
667; V. 23, p. Ill; V. 24, p. 105, 111, 395; V. 25, p. Keokuk & Des Moines RR; was leased M»v, 1878.
168,431; V. 28, p. 117, 264, 5P9.)
.
j (V. 25, p. 15, 230, 476; V. 26, p. 574, 699, 625.)
tliese Tables.
.
Chronicle, V. 25, p. 160. The net surplus of the
the Chic. & Northwest, lines proper, after
year on
Where
A. &
A. &
J. &
J. &
J. &
F. &
M. &
M. &
M. &
J. &
M. &
M. &
J. &
A. &
J. &
J. &
A. &
J. &
J. &
J. &
F. &
F. &
J. &
J. &
J. &
J. &
F. &
J. &
J. &
F. &
M. &
F. &
F. &
F. &
F. &
J. &
M. &
J. &
7 g.
7 g.
8
5
1,236.500
729,600
3,539,400
139,000
251,000
1,691,000
181,000
285,000
1,000
1,000
1,000
1,000
1874
1870
1866
Payable
21,696,334
•
1,000
500 &c.
636
271
60
60
60
60
98
56
56
148
36
36
90
188
138
When
Cent.
15,103,145
1,000
1863
1863
46
779
126
85
120
•
Rate per
Chicago db Northwest.—The fiscal year ends with
May. The last annual report will be found in the
on
1877.
•
1859
1862
193
193
193
23
26
....
mortgage
•
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,459
1,459
do
Sandusky city & Ind
do
Cincinnati, Sandusky & Cleve..
Cincinnati d Springfield—1st mortgage, guar
2d mortgage
Cin., Wab. d Mich—1st mortgage
Cleveland. Columbus, Cincinnati d Ind.—Stock..
•
1,000
1873
1866
156
70
64
732
2d
1st
of any error discovered in
$2,500,000
1,500,000
1,750,000
3,916,200
568,200
211,500
3,600,000
1,000,000
477,000
3,523,000
1,350,000
1,280,000
15,404,261
12,279,483
5,861,000
6,600,000
600,000
3,810.000
190,000
640,000
3,674,000
1,315,000
234,000
4,000,000
213,000
2,500,000
3,500,000
1,000
1,000
1,000
1,000
1,000
1861
1872
1872
Gen. eons mort., gold, coup, or reg. ($48,000,000) 1,058
137
Winona & 8t. Peter, 1st mort., guar by Chic.&NW.
137
do
2d mort.,
do
do
do
1st M. exten, gld, land gr., s. f.
175
75
Iowa Midland, 1st mort., guar, by Chic. & N. W..
62
Northwestern Union, 1st mortgage, gold
Chicago <t Paducah—1st mortgage
Chicago, Pekin d Southwestern—1st mortgage...
•
.
1875
1863
1864
1867
1864
1869
1868
1868
1st mort., general, 3d mort., Chic, to Oshkosh
Appleton exten., 1st mort. on 23 miles and land..
Green Bay exten., 1st mort. on 26 miles and land
-248
1st mort., Galena & Chicago Un. RR. extended..
Mississippi River Bridge b’ds, lien on net earning
74
1st mort. (Peninsular RR.) oil roads and lands...
Consol, sink’g fd M., (all above convert, into this)
Madison extension, 1st mort., sinking fund, gold.
Amount
Outstanding
100
100
1,412
Chicago, Milwaukee <& SI. Paul—Com. stock
Preferred st’ek (7 p. c. y’rly, not cumulative)
1)412
Consolidated mortgage (for $35,000,000)
1st mortgage (Lacrosse Div.)
‘ ai""-* 370
370
2d mortgage
u a
220
© 05
1st mortgage (Iowa & Minnesota)
49
1st mortgage (Minnesota Central)
f2
1st mortgage (Iowa & Dakota)
OS'S 235
1st mortgage (Prairie du Chien)
ag 235
2d mortgage (Prairie du Cliien)
Milwaukee & Western
St. P. & Chic. 1st M. (Riv. Div.) $ & £(conv.)
1st mortgage, Hastings & Dakota
1st mortgage, Chicago & Mil. line
Western Union, 1st mortgage
Par
Value.
100
100 &c.
500 &c.
1860
1863
1869
1870
1869
1870
1871
1872
Jo.
Size, or
$1,000
1,000
1,000
1869
1872
1871
108
21
80
82
82
82
166
66
mortgage, main line
1st mortgage, on branches
1st mortgage, on Muskegon & Big R.
1st
[Juke 29, JOT*
INTEREST OR DIVIDENDS.
DESCRIPTION.
For
BONDS.
do
do
May 1» 1878
& N.
do
do
& A.
do
do
& S.
& D. N. Y., Union Trust Co.
N. Y., U. S. Trust Co.
& O.
April 1* 1901
1902 _
do
& J.
do
& J.
July 1. 1891
Wabash, Indiana.
Feb. 1, 1876
& A. N. Y., U. S. Trust Co.
do
do
June, ’75 to'84
& D.
Until 1899
do
do
& J.
do
do
& N.
May, 1899
June 1*1914
& D. New York or London.
£$ i: g
•
-
Chicago db Southwestern.—This Company’s
mort is gnar.
first
by Chic. R. I. & Pacific, which fore¬
closed and sold the road. Foreclosure on Atchison
branch was made Oct. 16, 1877. (V. 24, p. 396; V.
25, p. 15, 186, 380; V. 26, p. 16i.)
Cine. Ham. db Dayton.—Net income in 1877-8
$82,784 after payment of interest. Defaulted on
C. H & I. guarantee in 1877. (V. 25, p. 186, 569,
591; V. 26. p. 117, 599, 624.)
Cincinnati, Lafayette db Chicago.—Gross earnings
$116,159. (V. 20, p. 568j
in 1876-7, $328,172, net,
Cincinnati &
Muskingum Ye.Uey.—Is leased for 99
from 1878 to Pittsp., Cin. & St. Louis for net
earn’gs, but bonded interest is guaranteed. Net earn¬
ings, 1877, $25.885—total loss to lessee, $79,114. (V.
22, p. 619, 614.)
Cincinnati, Richmond db Chicago.—Leased to Cin.,
Ham. & Dayton, which owns most of the stock. Net
Income above interest, 1875-6, $8,229. (V. 21, p. 62.)
Cincinnati, Richmond db Fort Wayne.—Leased to
Grand Rapids for 99 years. Interest guaranteed by
Gr. Rad., Cin. Ham. & Dayton, and by Pennsylvania
Co. (V.22, p. 532; V. 24, p. 663.)
Cincinnati, Sandusky db Cleveland—In the year
ending June 30,1877, gross earnings were $655,429;
expenses, $530,677; net earnings, $124,743. Difficul¬
ties about receiver in 1877, and funding of coupons
proposed. (V. 24, .p. 321. 346, 363, 896, 420. 443,
468, 564; y. 25, p. 880, 407, 430, 510, 591; V. 26,
p. 118, 141.)
years
Cincinnati db Springfield.—Leased m perpetuity
Clev. Col. C. & I., with guarantee of interest:
on first mortgage, half of interest is also auaranteed
by Lake Sh. & M. S. (V. 23, p. 232 )
to
Wabash db Michigan.—Some bonds
& Mich. So’n,but no indorsementby
Went into trustees’ hands Jan , 1878.
(V. 26, p. 40, 166, 192, 367.)
Cleveland, Columbus, Cincinnati & Indianap.—
Annual report in V. 26, p. 281. Net earnings. 1877,
$488,778, a<rainsf $702.<*17 in 1876. (V. 24, p. 249,
820; V. 25, p. 510; V. 26, p. 281.)
Cincinnati,
held by L. Sh.
that company.
RAILROAD STOCKS AND
29, 1878.]
Junk
Subscribers will confer a
&c., see notes
Miles Date
of
of
Road. Bonds
80
67
67
35
145
Cleveland db Mahoning Valley—Stock.
1st mortgage, extended.
New bonds..
Niles & New Lisbon, 1st mortgage.
'
Cleveland, Ml. Vernon db Dei.—1st mortgage, gold—
1st mortgage, Columbus Extension
Income
4th
....
mortgage
Cleveland db
225
199
Pittsburgh—Guaranteed stock..
mortgage (now 1st)
199
Consolidated sinking fund mort. for $5,000,000..
Construction and equipment bonds.
Cleveland, Tuscarawas Valley db Wheeling—1st m...
Colebrookdale—1st mortgage
Colorado Central—1st mortgage, convertible.
Columbus db Hocking Valley—Stock
1st mortgage, sinking fund bonds.
1st mortgage, Logan & Straitsville Branch
2d mortgage bonds
....
•
do
do
Union & Logansp’t (U’n City to Logansp’t)
do
do
Tol. Logansp’t & Borl.(Logansp. to Ill line)
do
Col. & Ind. 1st & 2dpref.(Col. to U’n City)
do
Cinn. & Chic. Air Line(Ric3hm’d to Logans.)
2d M. Col. & Ind’polis Cent. (Col. to Union Ci
City).,
do
Indiana Central (Indianapolis to Ohio line)
do
Chic. & G’t East, construe. (Chic, to Rioh’d)
do
Columbus, Chicago & Ind. Central.
Income conv. do
do
do
Income (Toledo, Logansport & Burlington)
‘
Notes,
coupon
:..
v
-
-
13
89
1870
1872
—
-
fund guaranteed
1st, 2d and 3d mortgages
Danville, TJrbana, BVton db Pekin—1st M., gold,....
Dayton db Michigan—Com. stock (S^guar.C.H.&D.)
Preferred stock, (8 percent, guar. C. H. &D.)
1st mortgage, sinking fund, $30,000 per year....
2d mortgage
3d mortgage
Toledo depot (cost $353,940) 1st and 2d mortgage
Dayton db Western—1st M., guar. L. M. & C. & X
142
142
142
142
142
Railroad—Stock
Extension mortgage
Mortgage bonds, convertible, guar. P. W. & B
Delaware db Bound Brook—1st mortgage
Delaware, Lackawanna db Western—Stock
2d mortgage (Delaware, Lackawanna & Western)
Denver
Pacific—1st mortgage, gold, land grant..
Cleveland A Mahoning
& Great Western.
lantic
p.
Valley.—Is leased to At¬
(V. 20, p. 85, 139; V. 23,
232, 401.)
Cleveland, Mount Vernon A 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. 1,1835. and the remain¬
ing half to be paid, but this failed July, 1877, and
50
1,000
1,000
1,000
1,000
100 &c.
1,000
50
500 &c.
1,000
1,000
'
700,000
100
13.938,972
1,000
10,428,000
•
1864
1865
-
-
•
451,000
2,632,000
775,000
531,500
313,000
217,750
821,000
666,500
341,400
.
....
....
....
....
....
....
....
....
.....
....
500 &c.
1857
....
....
3,692,000
3,847,000
-
41
85
13
85
27
195
115
288
60
25
22
106
74,024
....
1,000,000
2,343,000
1,786,200
302,000
1,500,000
1,000
1,000
50
.
1,000
^
^
50
100
100
100 &c.
100 &c.
100
m
1873
1871
1869
1875
1858
1871
1866
1868
■
350,000
1,000
100
500 &c.
1,000
1,000
1,000
50
500 &c.
500 &c.
100 &c.
1874
33
Delaware
(for $10,000,000)
500,000
1,350,000
950,000
669,000
11,243,736
1,104,844
2,700,000
1,336,000
2,180,000
584,000
1,272,000
2,011,600
1,500,000
300,000
500 &c.
•
....
133
117
Bonds (convertible June 1, 1875 to ’77)......
Lackawanna & Bloorasb., 1st mort. (extension)..
do
do
2d mortgage.
Denver db Boulder Valley—Mortgage bonds, coup..
•
1871
1875
ei^
-Mortgage on roads and equip m’t
•
630,000
1,000
1868
»
$2,759,200
1,000
....
45
118
55
55
141
41
146
110
fund...
Dakotah Southern—1st mortgage, coup., s.
Danbury db Norwalk—Stock
$50
....
....
56
56
44
7
38
38
110
52
52
Connecticut River—Stock
1st mortgage (sinking fund $205,624)
Connecticut. Valley—1st mortgage
1st mortgage
2d mortgage, sinking
Common bouds.
1867
Outstanding
500 &c.
500 &c.
500 &c.
1862
1867
1873
76
38
38
Massawippi st’k, guar, same div. as Conn. & Pass.
do
bonds, guar, by Conn. & Pass.
Connecticut Centi'al— 1st mortgage for $400,000...
Connecting (Phila.)—1st mortgage
Cumberland db Pennsylvania—1st mortgage
2d mortgage, sinking fund, (guaranteed)
Cumberland Valley—Stock ($484,900 preferred)
par
Value.
Amount
587
Oolumbus, Spring field db Cincinnati—1st mort
Columbus db Toledo—1st mortgage, coupon, s. f
Oolumbu8 db Xenia—Stock
*
1st mortgage
Concord—Stock
Concord db Portsmouth—Stock, guaranteed
Connecticut db Passumpsic—Stock—
New mortgage (for $1,500,000)
or
....
1868
1870
61
102
107
102
72
224
INTEREST
Size
1873
1876
1870
1870
1871
1875
101
18
78
89
588
588
117
208
93
Columbus, Chicago db Indiana Central—Stock.
*
’60-’72
1869
1,000
50
100 &e.
1,000
50
50
1871
1856
1,000
1867
1,000
1869
1,000
61&64 500 &c.
1865
1,000
50
1859
1875
1875
1856
1877
1872
1859
1858
1870
1869
1,000
....
50
500 &c.
’.. '
1,000
100 &c.
100 &c.
1,000
1,000
-
Columbus A Tole lo. - Gross
2,175,500
1,186,500
123,000
400,000
400,000
262,500
2,100,000
250,000
1,000,000
996,000
803,500
594,000
1,777,850
161,000
109,500
81,800
558,000
600,000
500,000
2,000,000
2,395,350
1,286,100
1,870,000
426,000
356,000
105,500
614,000
1,430,216
100,000
650,000
1,500,000
26,200,000
1,633,000
1,495,000
600,000
370,900
209,000
550,000
2,416,000
Rate per
When
Cent.
Pay’ble
3*2
1%
of interest was absolute, but the Pennsylvania Rail¬
road claims that the C. C. h I. 0. 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. Suit is pending against
Pennsylvania RR. Interest on most of the old prior
bonds has been taken ud. (V. 23, p. 40, 254, 547;
V. 24, p. 157 42<>, 589; V. 25, p. 62, 113, 495; V.
26, p. 16*, 389, 522, 574.)
*
Whom.
pal, When Due.
Stocks—Last
Dividend.
.
1877
Cleveland Office.
,
,r;
Aug. 1, 1893
Sept., 1906 ”
N, Y., Union Trust Co.
Jan.,' 1890
Jan.
1, 1900
N.Y., Winslow, L. &Co.
Jan. 1, 1901
do
do
Jan. 1, 1905"
do
do
N. Y., Farm. L. & T. Co. Junel, 1878
do
do
Jan., 1892
Nov. 1, 1900
do
do
Jan. 1, 1913
do
do
Cleveland, Ohio.
June 1, 1898
Phila., Co.’s Office.
Boston, Treas.’s Office. June 1, 1890
Feb.* 1878
N. Y., St. Nich. Nat. B’k Oct. 1, 1897
do
do
July 1, 1880
Jan. 1, 1892
do
do
N.
Y., Ward, C. & Co.
’
April, 1908
1893 to’95
N.
Nov., 1904
Dee., 1905
Feb., 1884
Dec., 1883
Y., A. Iselin & Co.
do
do
do
do
do
do
do
do
do
do
do
;
1886 to’90
Nov., 1904
Jan., 1882
do
-
Feb., 1890
Iseiin
N. Y., A.
& Co.
Sept. 1, 1901
N. Y., Union Trust Co.
New York.
Aug. 1, 1905
June 9, 1878-5
Columbus Treasury.
Q.—M.
M. & S. N. Y., Am. Exch. N. B’k Sept. 1, 1890
M. <fc N. Boston, Tower, G. & Co.
May 1, 1879
Jan. 1, 1878
Boston.
J. <fc J.
Feb.
Boston Office.
F. & A.
1, 1878
do
A. & 0.
April 1, 1893
Jan. 1,1881 t
do
Various
Feb. 1, 1878
do
F. & A.
do
J. & J.
July 1, 1889
A. & O.
Oct., 1895
J. & J. Boston, Bost.& Alb.RR. July 1, 1878
M. & S. Boston, Globe Nat. B’k. Sept. 1, 1878 s
J. & J. N. Y., Am. Exch. N. Bk. Jan. 1, 1901'
1900-’l-’2-’3-’4
M. & S.
Philadelphia.
M. & S. New York, Co.’s Office. March 1,1891
do
do
M. & N.
May 1, 1888
Q.—J. Phila. and Carlisle, Pa. April 1, 1878
A. & 0. Phila., T. A. Biddle & Co April 1, 1904
do
do
A. & O.
April 1, 1908
Jan. 1, 1884
do
do
A. & O.
Feb. 1,1894
New York.
F. & A.
Mar., 1878
Q.—M. New York and Danbury
J. & J. New York, 84 Broadw’y 1880, ’90, ’92
A. & O. N. Y., Farm. L. & T. Co.
April, 1909
A. & 0. Cincinnati. C. H.& D.Co.
April, 1878
July, 1878
Q.-J. N. Y., Winslow, K & Co.
do
do
J. & J.
July, 1881
do
do
M. & 8.
Sept., 1887
do
A. & O.
do
Oct., 1888
do
do
M. & 8.
Mar., ’81 & ’9#
J. & J. N. Y., Am. Exch. N. B’k Jan. 1, 1905
J. & J.
July 2, 1878
Dover, Co.’s Office.
J. & J. Phila.,Girard Nat. Bank Jan. 1, 1880
J. & J. Phil., Fid’lity I.T.&.S.Co July 1, 1895
F. & A.
August, 1905
Philadelphia.
3*2
2
7
7
2
6 g.
7
4
6
7
6
6
6
2i*
8
8*
6
7 g.
1*2
7
7 g.
1%
2
7
7
7
7 '
6 & 7
3
6
6
7
2^2
Danbury & Norwalk.--Gross earnings, 1876-77,
$165,215; expenses,
$114,669;
net earnings,
$50,275. (V. 26. p. 141.)
DanvtUe, Urban a, B oomington A Pekin. - This 19
D.
D.
A.
0.
J.
J.
Where Payable and by
Various
J. & J.
A. <fc 0.
F. & A.
J. & J.
Various
M. & N.
J. & J.
J. & J.
F. & A.
F. & A.
F. & A.
M. <fc S.
F. & A.
5
Dakotah Southern—The earnings of the road are
reoorred at $207,000 in 1877, and net earnings $10),OGd. Second mortg. bonds for $6CK\00) were can¬
celled and pref. stock issued. S fund is 4 p. c. in
’79 and 5 p. c. afterwards. (V. 25,p. 609; V.26,p 334.)
&
&
&
&
&
&
Bonds—PrincL
OR DIVIDENDS.
A. & O.
7
7
2
7
earnings, ’77, first yeer
S.
J.
J.
F.
A.
J.
J.
7
7
7
operation, $330,882; net, $119,602. (V. 26, p.390.)
Columbus db Xenia.—This road is leased to the Littl > Miami Co., and both roads for 99 years to Pitts¬
burg Cinn. & St. Louis Co.; the lease is guaranteed
by Pennsylvmia Railroad, and the terms are 8 per
cent on stock and interest on bonds.
Concord.— Net receipts in 1677-8, $340,453. (V.
24, p. 541; V. 26, p. 521.)
Concord A Portsmouth.—Leased to Concord RR.
M. &
J.
J. & J.
M. & N.
J. & J.
7
7
7
7
7
7
7
7
10
7
of
N.
A.
8.
J.
Q.-M.
6
7
7
7
6
8 g.
4 s.
7
7
7
7
7
7
7
7
7 g.
7 g.
&
&
&
&
&
M.
F.
M.
J.
J.
7 g.
7
7
7 g.
7 g.
7
negotiations are pending. Gross earnings 1877,
$388,896; expenses, $307,171; pet, $81,724. Interest
at $25,000 per year.
charge. $121,982. (V. i2, p. 350; V. 21, p. 248.)
Connecticut A Passumpsic. —Annual report tG
Cleveland db Pittsburgh.—Leased to Pennsylvania
Railroad at 7 per cent on stock, besides expenses June, 877. shov/ed net earnings for year $244,310.
and interest, and transferred to Pennsylvania Co. against $240,954 in 1875-6. The new mortgage of
In 1877 there was a net deficit of $2)7,111 to lessee. $1,500 099 will retire previous issues. (V. 23, p. 301,
547; V. *5, p.211,431; V. £6, p. H67.)
(V. 24, p. 63 V. 26, p. 67, 287.)
Connecticut Central.— Leased to Connecticut Val¬
Cleveland, Tuscarawas Valley A Wheeling.—This
Net earnings,
road was sold under a 2d mortgage, Jan. 27,1875, and ley at a rental covering interest.
re-organized. Gross earnings, 1877, $491,463; net, 1876-7, $12,3S0. (V. 22, p. 209.)
Connecticut River.—Net earnings 1376-7. $*201,931,
$181,52*. (V. 24, p. 563; V. 26, p. 289.)
Colebrookdale.—Leased to Philadelphia & Read¬ against $217,780in 1875-6. (V.23,p.500; V.26,p.94.)
Connecticut \ alley. - In default and surrendered
ing. No dividends paid on stock.
Colorado Central.—Built mainly by Union Pacific, to State Treasurer as trustee for bondholders.
which holds the bouds, $5,270,593 in all. (V. 23, p. Net earnings, 1876-7, $59,019. (V. 23, p. 40, 575,
622; V. 25. p. 616 ; V. 26, p. 18,40.)
183; V. 26, p. 626.)
Connecting.—Leased to Philadelphia & Trenton,
Coiambus db Hocking Valley.—Gross earnings,
1877. *8*8,399; net, $357,755, against $386,834 in 1876. and operated by Pennsylvania; terms, 6 per cent on
$1,278,390 stock, and interest on the bonds.
(V. 24, p. 395; V. 25. p. 90; V. 26, d. 390.)
Cumberland t Pennsylvania.-rOwned and oper
Columbus, Chicago A Indiana Central—On Jan.
32, 1869, it was leased (amended Feb. 1. I87i»,)by ated by Consolidation Coal Co., which guarantees
the Pittsburgh Cin. & St. Louis, guaranteed by 2d mortgage. Stock $1,500,000. (V. 22, p. 415.)
Cumberland Valley.—The stock is owned in large
Penn. Railroad.
The amended lease guaranteed
interest on $15,821,000 ol first and second bonds. part by Pennsylvania Railroad Co. Net earnings
Aug., ’74. default was made on the $5,000,000 seconds. 1877, $254,253. Large advances have been made to
April 1, 1875, defaulted on 1st mort. The guarantee branch roads. (V. 24, d. 135; V. 23, p. 493 )
xfit
great favor by giving immediate notice of any error discovered In these Tables.
DESCRIPTION.
For explanation of column headings,
on first page of tables.
BONDS.
Q.—J.
-
M.
M.
J.
M.
A.
M.
M.
a
New York Office.
do
do
do
do
do
do
8.
do
8.
do
D.
do
8.
do
O.
N. N.Y., Loud.
N. N. Y., Bk. of
&
&
&
&
&
&
&
•••••••»
.
M
July 20,1876
March 1,1881 "
Sept. 1, 1907
June, 1892
March, 1885
April 15,1880
& Frankft. Nov. 1,1900 *
Commerce. May 1, 1899
part of the Indianapolis Bioomingtcn & Western,
now
in defaul t.
See 1. B. & W.
Dayton A Michigan.—Leased in perpetuity to Cin.
Ham. & Dayton, which pays interest on bonds, and
guarantees dividends' on stock, holding itself *
$1,398,100 of the common. (V. 21, p. 62 . >
Dayton A Western. Leased to Little Miami, and
with that to Pittsb. Cin. & St. L. About $90,000 of
old ext. mortg. bonds of 1881, are yet out, which1
will be retired shortly.
Delaware,—Leased by Phila. Wilmington & Balti¬
for 6 per cent on stock and bonds, but if 30
more
of gross earnings does not pay that, the
Balance is charged annually to Del. RR In 1877, 30
p. c. wus $125,941.
(V. 26, p. I 4 I.)
per cent
Delaware A Bound
between N. Y. and
.
Brook.—Part of the new route ;
Phila. Gro s earnings 1877,
$233,466; net. $67,044.
Floating debt, $259,033.
(V. 22, p. 209, 257; V. 26, p. 342.)
Delaware Lackawanna A Western. —Operations
consist largely of coal mining and transportation.
No annual " report is made, except that reqnired to
the State authorities of Penn. For 18ri the income
account is given ’ha-:
Net earnings from r*asportation
Less loss in Coal l opartment, &c
Balance of (amities
D terest on bo ds
Rental? for 1377
$4,401,858'
l,922,660r
$2,479,197
$201,957
3,i8o,262—3,387,219 ;;
Loss for year 877
$908,021
The mortgage authorized for $10,000,000 is to
take np prior bonds with $2,820,000, and the
balance for cash resources. The Morris & Essex
Railroad is leased and some of its bonds guar¬
anteed. (V. 24, p. 1 81, 605; V. 25, p. 457; V. 26, p.
191.)
Denver A Boulder Valley.—This road is leased to
the Denver Pacific.
Denver la ific.-La.nd grant, 1,100,000 acres. In
1876
tamings were $331,145; net earnings,
$165,537.
p.
Receiver appointed April, 1878. (V. 25,
62. 476; V. 56, p. 342, 408,414, 549.)!
?
RAILROAD STOCKS AND BONDS.
Subscribers will confer
a
great favor by giving immediate notice of
DESCRIPTION.
'
»
■
■
■
For explanation of -column headings, Ac., see
at the head of first page of tables.
Miles
■
■■■■
■■
note8
Date Size, or
of
of
Par
Road. Bonds Value.
Denver dt Rio Qi'ande—1st mort., gold, sink, fd
Arkansas Valley, 1st mortgage
Dee Moines <6 Fori Dodge— 1st mortgage, coupon
Detroit,
262
42
88
182
59
59
Lansing dt North.—1st mortgage
Ionia A Lansing, 1st mort., coup., may be reg—
do
2d
mortgage
do
Detroit dt Milwaukee—1st mortgage bonds
2d mortgage, April 28,1856
1st funded coupons, Nov. 15,1860
2d funded coupons, Nov. 13, 1863
Bonds of June 30,1866 (conditional)
do
....
....
....
....
....
Dollar (Oak. A Otta, RR.) bonds, Oct, 1,1853—
1st mort. (Detroit A Pontiac RR.), April 1,1851.
3d mortgage (Detroit A Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit A Pontiac RR.), Jan. 1853.
Bonds or Sept. 1,1866, (Limit $300,000)
Bonds & mortgage on Detroit real estate
....
....
....
....
....
Eastern {Mass.)—Stock
Essex RR. 1st mort. (extended tor 20 years)
void loans exchangeable (int. ceased Sept.,’76)
1,000
1,000
1,000
1,000
1,000
1,000
Various
100
500
500 Ac.
500
1863
1864
1863
1863
1870
1870
1870
90
90
30
36
1,000
1,000
1,000
1858
1870
50-’56
1856
Mortgage funding certificates
47
75
Elmira dt Williamsport—Stock common
Preferred stock
1st mortgage bonds
Income bonds, 999 vears to run
>
of State tax
Equipment bonds
Europ'n dt N.Am.—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...
1st mcrfrrage, sterling, on N. Brunswick road
1860
1863
Evansv. dt Terre Haute.—1st in., Ev. & Ill., s. f
1st mort., sinking fund (Evansville to Terre H,)..
Rockville extension
Evanville, Terre Haute dt Chic.—1st mort., gold
2d mortgage, gold
Fitchburg—Stock
....
....
58
49
91
51
109
23
55
55
.
($4,000,000 authorized)
Construction bonds
.
283
283
190
17
13
500,000
1,000
1,000,000
500
50
100 Ac.
100 Ac
1,000
570,000
1,998,400
291,700
92,300
2,193,000
745,000
1,000,000
2,000,000
814,000
1,986,000
281,000
611,000
125,500
775,000
325,000
5,000,000
500,000
100
3,298,200
1,000
.
-
1,000
....
500 Ac.
£200
1,000
1,000
500 Ac.
1,000
1,000
100
....
1874
....
Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar by lessees
.
1869
1869
1869
1867
1852
1854
1860
1870
1873
189
Flint dt Pere Marquette—Stock
Consolidated mortgage, sinking fund
1st mort., land grant, 3d series
Flint A Holly RR. (sink’g fund $25,000 per year).
50
100
81*z 1862
81ifi 1865
81*2 1868
56
50
400,000
200,000
500,000
500,000
....
100
1872
1868
1868
1867
....
....
Flushing, Northshore dt Cent.—1st mort. (FI. A N. S.).
2d mortgage (FI. & N. S.)
Central of L. I., 1st mortgage
do
do
Extension 1st mortgage
Fonda. Johnstown dt Oloversville—1st mortgage.....
Fort Wayne, Jackson dt Saginaw—1st mort., coup...
2d mort. and equipment bonds, coupon
65
58
....
10
100
100
1871
1869
1870
1872
1873
1870
1869
1871
Grande.—Narrow-guage road (three
feet). The whole line as projected is 875 miles.
Divides
competitive earnims with Kansas Pacific
Top. & S F. Defaulted on coupons May,
(V. 24, p. 444; V. 26, p. £99.)
and Atch.
!
i
1877.
Des Moines A Fort Dodge.—This is part of the
Des Moines Valley, reorganized after foreclosure.
Of the bonds, $1,1U0,000 are incomes. Coupons of
A.
A.
J.
J.
M.
A.
J.
J.
M.
do
A
A
A
A
A
A
A
do
M. A 8.
Boston and London.
J. A J. Phila., Girard Nat. B’k.
do
do
Sept.
Baltimore, N. Cent. RR.
M. A N. Phila., Penn. R. R. Co.
2*3
J. A J.
J. A J.
A. A O.
3*2
7
5
do
do
Phila., Penn. Trust Co.
Phila., Penn. R. R. Co.
Q.-M. N. Y., Union Trust Co.
13t
J.
A.
J.
A.
J.
M.
A.
J.
J.
M.
F.
M.
J.
J.
A.
7
7
7
7
6
g.
7
g-
gg.
3*2
7
1,000
1,500,000
7
8
500,000
8
1,000
•
M.
M.
M.
J.
M.
8
8
10
10
10
8
8
7
7
-
A J.
do
do
A O.
do
do
A J.
do
do
A O.
do
do
A J.
Boston.
A .8 New York and Boston.
A O. Boston, Second N. Bank
A J.
London.
A J. N.Y.,Farm. L’anAT.Co.
A N.
do
do
A A.
do
do
A N. N.Y.,Farm.L’an A T.Co.
A J.
do
do
A J.
Boston Office.
A O.
do
Jim., 18?7,
were
funded.
(V. 21,
p.
488.)
Detroit Lansing A North.—The old road was
sold in foreclosure December 14, 1876, and new
company organized by bondholders, who issued
$1,874,600 common ttock and $2,5C4,000 pref. stock.
Net earnings 1677, $282,946. (V. 23, p. 599; V. 26,
p.
288.)
Detroit A Milwaukee.—This road was operated by
the Great Western of Canada, but defaulted in 1873,
and is to be re-organized; see V. 26, p. 232. Of the
bonds of Jane, 1866, $1,239,000 nre in the hands of
the Merchants’ Bank of Canada. The Detroit &
Pontiac interest has been paid. In 1877 gross earn¬
ings were $925,122; net, $134,303. iV. 25, p. 334,
881; V. 26, p. 117, 232, 242, 367, 391, 419,574,
599.)
Dubuque A Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross earn¬
ings first ten years, and 86 afterwards. In 1876 gross
earnings were $978,279.
Dubuque South western—Farley to Cedar Rapids, la.
Gross
tamings, 1877, $105,312;
(V. 26, p.264, 459.)
expenses,
$97,215.
Dunkirk AUegh. Valley A Pittsburg.—A consoli¬
dation, Dec. 1, 1872. Road leased and bonds mostly
held by New York Central & Hudson, which pays
interest as rental.
Company’s furnaces (2), with a capacity of
20,000 tons pig iron annually.
East Pennsylvania.—Leased to Philadelphia &
Reading. Dividends are 6 per cent per annum.
Tennessee
Virginia
A Georgia. — Leases
Eastern
(Mass.). —Company embarrassed
1875.
A general mortgage was made to fund the old issues
of debt, bearing 3% per cent for three years, 4 per
cent for three years, and 6 for balance of term. In
1876-77 net earnings were $799,317, against $683,594
in 1S75-6. The Eastern in N. H., a separate cor¬
poration. is leased; see V. 25, p. 40. (V. 24,p. 157,
604; V. 25, p. 590,618; V. 26, p. 548.)
Eastern Shore.—Formerly leased, but now oper¬
own
account since
Elmira Jeff. A
December, 1869.
(V. 22.
Canandaigua.—Originally leased
to the New York & Ene Railroad Co. and operated
by it until May 1,1866, when the lease was trans¬
ferred to the Northern Central Railway Co., by
which it has since been operated.
On line of rotd are Rockhill Iro
i
Erie A Pittsburg.—Leased in
425.)
1888
April 1, 1876
July 1, 1900
1880 to 1886
May 1, 1886
Sept., 1906
1, 1880
Apl. 1. 1886
March, 1878
May, 1878
July, 1878
Jan. 1, 1880
Oct. 1, 2862
June 10,1878
July 1, 1882
April 1, 1890
July 1, 1898
Oct. 1, 1890
Jan. 1, 1889
Mar. 1, 1899
April 1, 1899
July 1, 1897
Jan. 1, 1887
Nov. 1, 1887
Aug. 1, 1880
May 1, 1900
Jan. 1, 1903
July 1, 1878
Jan.
April 1, 1894
A J.
A 8.
J. A
A
A
A
A
A
J. A
J. A
A. A
J.
J.
N.
N.
8.
N.
May, 1902
Sept. 1, 1888
May 1, 1888
Newark, N. J., Sav. Ins. July 1, 1882
New York.
Sept. 1, 1887
i Jan. 1, 1876
do
N. Y., Mech., Nat. Bank. Jan. 1, 1901
N.Y., Chatham Nat. Bk. May 1, 1889
do
do
do
do
do
do
Mar. 1,
May 1,
J. N. Y., St. Nich. Nat. B’k. July 1,
J. N. Y., Farm’s. L. A T. Co. July 1,
O.
do
do
Oct.,
1902
1903
1900
1889
1891
1
European A North American. — Defaulted in
A complete statement of debt, including
bonds pledged for loans, was made iu V. 21, p. 315.
(V. 24, p. 468; V. 25, p. 113; V. 26, p. 18,142, 419.)
1875.
EvansviUe A Terre Haute.—This was the Evans¬
& Crawfoidsville.
Common stock is $1,020,307: preferred, $100,000.
Net earnings 1877,
$145,711. The company paid 2)4 per cent dividend
June, 1878.
(V. 23, p. 499; V. 25, p. 45 tt.)
\
Evansville, Terre Haute A Chicago.—Gross earn¬
ings, 1876 7, $203,371; net, $70,923. (V. 21, p. 136.)
Fitchburg.—Leases Vt.A Mass. Net income, 1876-7,
$286,753. Notes outstand¬
ing 8ept. 30, 1877, were $868,000. (V. 26, p. 94, 117,
above rental and interest.
891, 548.)
Flint A Pere Marquette.—Gross
earnings 1877,
$997,965; net earnings, $416,679, against $866,074 in
1876. The lands are in five trusts; sales in 1877, 8,508
acres, for $95,984; total net sales to Jan. 1,1878,
275,722 acres, for- $2,277,436; lands yet unsold.
235,779 acres. Coupors on consol, bonds prised
Nov., 1875, and part were funded. (V. 24, p. 29 7;
V. 26, p. 411,548.)
Flushing, Northshore A Central.—Now leased to
L. I. RR. There are, in addition to above, $125,000
N. Y. & Flushing RR. 7s; $149,000 North Shore 7s;
and $93,000 Whitestone & Westchester 7s.
Com¬
pany embarrassed. Sept., 1877. (V. 25, p. 334, 432;
V. *6, p. 469.)
,
Elmira A Williamsport.—Leased in 1863 to North
em Central for 999 years.
Rent amounts to $165,000
per year.
perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 per cent per annum on stock
East Bread Top. —Mainly a coal road, carrying and debt. Net earnings, 1876, $190,892.
(V. 20, p.
bituminous coal.
•
1903
1878
ville
Memphis & Charleston Railroad for its own account
and risk, paying over net earnings. Gross earn¬
ings year ending June 30, 1877, were $1,010,079; ex¬
penses, $668,923, and net earnings, $341,156. See
annual report in V. 25, p. 406. (V. 23, p. 402; V.
25, p. 4.06.)
ated on
p. 297.)
1. 1890
A N. N.Y., Mercli’nts’Ex.B’k.
A 8. N. Y., Meehan. Nat. B’k.
A N.
do
do
J.
M.
M.
M.
M.
7
7
Oct.
Julv 1,
Jan. 17,
Mar. 1,
July 15,1873
Sept. 15,1896
Boston.
A. A O.
5
July, 1883
Oct., 1883
June. 1890
Oct. 1, 1890
do
J. Philadelp a, Co.’s Office.
J. Phila., by P. A R. RR.
8.
Phila., P. A R. office.
O. N. Y., R. T. Wilson A Co.
J. N. Y., Gallatin Nat’lB’k
J. N. Y.,R. T. Wilson A Co.
N.
do
do
J. A J.
M. A 8.
& Coal
Emt
1,
1,
1,
1,
July 1,
May 1,
May 15,
May 15,
May 15,
May 15,
July 1,
N.Y.,M.K. Jesup,P. A Co.
1
Denver A Rio
Nov.
Nov.
Jan.
Jan.
N. Y., Rutten A Bonn.
do
do
New York.
A D. N.Y., N. Y. Cent. A Hud.
A O.
do
do
A O.
do
•
do
J.
6
6
500 Ac.
500 Ac.
100 Ac.
500 Ac.
*
1900
1900
1904
1907
Boston, Co.’s office. J.
do
do
1889
N.
do
do
1880
N. N.Y.,M.K. Jesup,P. A Co.
1875
N.
do
do
1875
J.
do
do
1875
N.
do
do
1875
J.
New York A Detroit.
1886
N.
Nov. 15,1873
New York A London.
N. N.Y.,M.K.Jesup,P. A Co. Nov. 15,1873
0.
do
do
April 1, 1878
A.
Feb. 15,1886
do
do
J.
Jan. 1, 1878
do
do
8.
do
do
Sept., 1 1886
N.
N.
J.
J.
J. A J.
A. A O.
3J2g.
47,405
1,000,000
800,000
400,000
1,000,000
200,000
300,000
1,000
Stocks—Last
Dividend.
Where Payable, and by
Whom.
Various.
Various
Detroit Office.
A. A O. N.Y.,M.K.Jesup,P.A Co. April 15,1878
J. A J.
1883
do
do
J. A J.
1894
do
do
4
3
6
2,058,000
386,500
100,000
75,000
500 Ac.
500 &c.
500
"
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
M.
M.
A.
F.
J.
M.
3
7
7
7
7
7 g.
7
7
7
3
7
3
7
6
6
6
6 A
6
7
7
7
7
7
When
J.
10
3i242|000
1,000
*
Bonds—Princi¬
pal, When Due.
*
....
Holly, Wayne A Monroe, 1st mort., sinking fund.
8
7
7
6 A 7
6 g.
7
7
8
7
7
194.400
100Ac.
100 &o.
•
^
7
760,038
12,522,338
....
75
'75
EHe dt Pittsburg—Stock
1st mortgage, convertible into consolid. mort
-
discovered in tliese Tables.
Payable
M.
M.
J.
J.
J.
M.
M.
M.
J.
M.
8 '
8
1,309,2001
495,900
1,968,274
3,019,000
862,400
147,000
190,000
....
1876
1860
1866
39
39
2d mortgage, convertible
Elmira Jeff, dt Canandaigua.—Stock
2,200,000
1,897,000
770,000
81,000
2,500,000
1,000,000
628,525
377,115
1,702,519
150,866
51,000
150,000
250,000
100,0001
110,000
103,266
5,000,000
296,000
586,000
81,500
450,000
2,000,000*
4,9971600
100
185*6
7 g.
7 g.
6
7
$5,400,000
1,040,000
500,000’
1,000
1,000
1,000
282
’Rate per
Cent.
200,000
100 &c.
100
....
....
Amount
Outstanding
1,000,000,
50
....
any error
INTEREST OR DIVIDENDS.
1,000
1,000
1873
36
270
242
112
130
250 Ac.
500 Ac.
Various
Various
500 &c.
100 Ac.
500 &c.
....
55
90
Eastern Shore, (Ma\)—1st mortgage, convertible
i
1869
1,000
1,000
....
100
43
55
$1,400,000)
Dubuque Southwestern—1st moil, pref., sink, fd
1st mortgage, Oct. 1,1863
Dunkirk, AUegh.VaUey dt Pittsburg—1st mort., gold
2d mortgage
3d mortgage
Dost Broad Top.—1st mortgage, registered
East Pennsylvania—Stock
1st mortgage
East Tennessee, Virginia dt Georgia—Stock
1st mortgage sinking fund bonds
East Tenn. A Georgia ($92,000 are endorsed)
East Tennessee ana Virginia (endorsed)
2d mortgage to U. S. Government.
coupons
500 Ac.
143
1st mortgage, 1st division
1st mortgage, 2d division (for
Bonds,
1877
....
Dubuque dt Sioux C/ity—Stock
2d mortgage, convertible
Consolidated mortgage free
$300Ac.
1870
1855
1856
1860
1863
1866
1853
1853
1851
1854
1853
1866
189
Sterling (Oak, & Otta. HR.) Oct. 1,1853, gold
1870
1870
1874
[Junk 29,1878.
V
Fonda, Johnttoum A Oloversville.—Not earnings
1875-6, $86,161.
\
.
Jackson A Saginaw.—Traffic guaran¬
from Mich. Cent. Interest was paid in
18<7 of $65,000, coupon due Jan., 1877. on 1st mort.,
and $5,000 as third payment of $10 on 2d mort.
conpon of Oct., 1875.
Gross earnings, 1877, $254,331; net, $109,6:9. (V. 26, p. 264.)
Fort Wayne,
tee 40 per cent
3:
June 29,
-
DESCRIPTION.
Fort Wayne, Muncie <6
2d mortgage.
Date
of
of
Road. Bonds
Size, or
1869
1871
1871
1873
1872
1870
$1,000
1,000
Miles
For explanation of column headings, &o., see
at the head of first page of tables.
notes
109
109
26
215
50
35
232
Cincinnati—1st mort.,gold...
Framingham & Lowell—1st mortgage bonds
Galveston, Harrisb.dk S.Antonio—1st mort, gold, l.gr.
Galveston, Houston dk Hend. 0/1871—1st mort
Geneva, Ithaca dk Sayre—1st mort., 8. f., gold..
Georgia Railroad dk Banking Co.—Stock
Bonds, not mortgage
New stock for £10,000,000
Debenture stock for £8,000,000
Canadian debentures
2d
do
332
332
332
332
w
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
143
•
•
•
•
•
1,000
1,000
£25
£100
.
•
•
•
•
.
•
m
m
•
•
•
•
•
•
•
•
•
•
•
•
m
m
....
£20*3
£100
.
’58-’78
1871-2
1877
.
-
.
m
100
100
1853-7
1870
1878
I.) (renewed)...
26*a
96
120
120
1,000
....
Equipment bonds of 1873
«
1st M., gold.Waco & N’west (Bremond to Waco) —
Consol, mort., 1. gr. (coupon, but may be reg’d)...
Income and indemnity bonds
m
„
„
1853
1876
1876
500&C.
ioo
100
onCk.&Sp.RR.
Indianapolis, Bloomington dk Wept.—1st mort.,
2d mortgago
gold.
-
1st mort., gold—
Indianapolis Dec. dk Spr.—1st M., gld (for $1,800,000)
2d mort., (incomebonds only till July, 1881).....
Indianapolis, Cincinnati dk Lafayette—Stock
Preferred stock (issued for funded debt bonds)...
Indianapolis & Cincinnati of 1858
Indianapolis, Cincinnati & Lafayette
Ind., Bloom., & W., Extension,
do
Funded interest bonds, coupon.
($1,000,000 due ’77 ext. to ’92)
1873
■
58
58
1854
1857
500
500
58
1865
1,000
1873
1,000
1,000
1,000
1,000
.
....
*
■
•
ii2
202
202
217
85
i*84
184
90
151
179
....
Equipment bonds, registered
Cin. & Ind., 1st mortgage
1869
1872
....
20
20
(V. 26, p. 166.)
Galveston, Harrisburg A San Antonio. —Gross
earnings 1877, $1,052,568; expenses, $360,204; net
earnings, $692,363. A sinking fund of 1 per cent
The company has 16 sections of
begins in 1880.
land per mile.
(V.26, p. 3 66.)
Galveston, Houston dk Henderson.—Net
1876, $309,416. (V. 24, p. 135, 181.)
Geneva, Ithaca dk Sayre.—Sold Sept. 2,
earnings
1876, and
do
do
& J.
do
do
£6,037,991
O.
J.
A,
J.
J.
J.
London, at Co.’s Office,
do
do
do
do
do
do
do
do
do
do
April 1, 1891
1910
July 1, 1902
July 1, 1890
July 15, 1878
yearly to 1890
July 1, 1897
'1899 *
1899
1906
April, 1877
Jan., 1920
Perpetual.
Irredeemable.
Irredeemable.
Irredeemable.
do
do
A J. London Joint Stock B’k.
do
do
& D.
do
do
April, 1878
April, 1878
Perpetual.
Dec., 1890
Oct., 1880-82
Columbia, Co.’s Office,
1881 to 1886
London A Montreal,
& O.
J.
J.
Oct., 1889
April, 1896
do
do
A. & O.
505,753
2,165,830
1,000.000
500,000
1,413,071
632,237
Stocks—Last
Dividend.
Winslow,'L. A Co.
*J.
&
A
&
A
&
A
A.
J.
F.
J.
J.
J.
A.
do
do
..
.
1864
1875
1874
1875
1877
1869
1870
1872
1876
1876
.
1875
1858
1867
1869
1873
1873
1862
1867
9,168.700
5,083,024
3,000,000
4,000,000
ioo
500 &c.
£200
£200
£200
1,000
1,000
1,000
1,000
1,000
1,000
700,000
481,000
1,574,000
820,000
1,180,000
100,000
300,000
150,000
6,227,000
2,305,000
940,000
3,292,000
1,359,500
416,000
367,500
1,383,000
97,907
29,000,000
2,500,000
2,500,000
1,000
1,000
1,497,000
1,000
1,000
J.
J.
J.
A.
500,000
&
&
&
&
1,1888
Jan., 1892
Jan., 1886
July 1, 1878
July 1, 1883
Jan. 1, 1880
Jan. 1, 1880
J.
J.
O. N.
1889
1883
do
Nat’i.
do
do
Philadelphia, Office.
do
do
.do
do
do
do
N. Y., Co.’s Office.
A.
N. Y., Co.’s Office.
O.
London.
O.
O. London,Morton R.& Co.
do
do
D.
N. Y., Co.’s Office.
J.
New York,
O.
do
J.
do
J.
O. New York, Co.’s Office,
do
do
J.
F.
A.
A.
A.
J.
J.
A.
J.
J.
A.
J.
&
&
A
A
&
&
&
&
&
A
&
A.
F.
J.
M.
M.
J.
A O N. Y., Amer. Ex. Bank.
do
do
& A.
do
do
& D.
do
do
& S.
do
do
& 8.
do
do
& D.
A J. New York and Boston.
|j.
Jan.
City Bank, July
do
July
do
July
Y., J. J. Cisco & Son. Oct.
J. N. Y.,
A. A O.
F. & A.
A. & O.
7
7
7
10
7
7
1884-1887
Mar., 1885
Bridgeport & Boston. ApriL 15,* 1878
1885
Bridgeport and Boston,
do
1,000,000
1,600,000
5,000,000
1,500,000
5,500,000
38,000
2,667,000
150 &e.
500 &c.
100
500 &c.
Q.-J.
F. & A.
4;598;000
5,587,150
1,419,400
1,600,000
2,800,000
1,767,000
446,300
353,000
50
Aug., 1870
A J. N. Y., B’k. No. America.
do
do
A S.
A J. N. Y., Farm. L. A T. Co.
A A. N.Y., B’k. No. America,
do
do
& J.
A J.
Phila., Co.’s Office,
do
do
A J.
& J. Hartford, Am. Nat. B’k.
do
do
J. & J.
J.
M.
J.
F.
J.
J.
.T.
J.
1,
1,
1,
1,
1891
1891
1903
1912
Oct.* *1,‘1890
1, 1895
April 1, 1895
Feb.
Mch.
1,"
1878
April 1, 1890
April 1, 1895
April 1, 1903
Dec.
1, 1905
1, 1898
Oot., 1909
Jan.
Oct., 1890
1912
Jan. 1, 1906
July 1, 1906
April, 1888
Feb., 1897
June, 1899
Sept. ’78,’80,’83
Sept. 1, 1883
Deo., 1892
Jan.’82,’87,’92
I
Great Western (Canada).—The above' figures are
given in pounds sterling. Company operates several
roads iQ Canada, amounting to 3-3 miles, and the
Det. & Milw 189 miles. For the half year ending
Jan. 31, 1878, the gross receipts were £467,237;
working expenses, £317,604: net earnings, £149,633.
(V. 25, p. 113,186, 617; V, 26, p. 265, 443, 574 )
Greenville A Columbia.—This company defaulted
but compromised with its bondholders. Net earn¬
ings 1877, $180,614. (Y. 22,rp. 110; V. 26, p. 547.)
,
re-organized, this mort. being the old I. & A. mort.
(See V. 23, p. 256, 304, 451; V. 24, p. 110.)
Hannibal A St. Joseph.—Tlie company has about
Georgia Railroad A Banking Company —The an¬
nual report for the last fiscal year, ending April 1, $2,500,000 in land notes, and about 100,000 acres yet
1878, was published in Y. 26, p. 468. A comparative unsold. In 1877 gross earnings were $1,931,365; net,
$795,418. Interest charge, $650,000.
The bonds
statement for three years was as follows:
secured on land notes have a sinking fund oL$23,OOo
1875-6.
1876-7.'
1877-8.
Tot. gr.earng’s... $1,194,324 $1,143,123 $1,013,712 per year. (V. 25, p. 162,186, 237, 381, 407, 432, 592;
Operat’g expenses.
72IV0) V. 26, p. 242, 390, 625.)
641,677
643,110
Net earnings......
552,646
500,017
286,012
Harrisburg Portsm. Mt. Joy A Lancaster.—Leased
In May, 18775, this company, with the Central Georgia, to Penn RR., which owns a majority of the stock.
purchased at foreclosure sale the Western Railroad
Hartford, Providence A FishkiU.—This road form*
of Alabama. (V. 24, p. 466, 468, 495; V. 25, p. 90;
a part of tho proposed line of the N. Y. & New
V.26, p.468.)
England Railroad. Gross earnings 1876-7, $897,k44;
Grand Rapids
A Indiana.—Gross earnings net, $215,933. (V. 22, p. 87, 304; V. 24, p. 156.)
1877, $1.0&7.1u7; net, $348,745, against $316,507 in
Housatonie.—Leases Berkshire Railroad, Stock
1878,
Unguaranteed bonds are secured by the
bridge & Pittsfield, and West. Stockbridge. Gross
same mortgage as the guaranteed on the land grant.
“Ex. Land Grant Bonds” to the amount of $1,089,- earnings in 1876-7 were $5C9,4G7; net, $154,630. (V.
000 were,,* part of the original $4,000,('00 unguaran¬ 22, p. 232; V. 24, p. 274.)
teed bonds; they were redeemed and are no longer a
Houston A Texas Central.—Gross earnings for ten
lien on the land, though still a m >r; gage on the road.
months ending Feb., 1878, were $2,350,412; net,
Since Dec 1875, 1st mortgage bonds redeemed by
$937,797.
Company owns 5,240,000 acres land
sinking fund are rep aced by income bonds issued,
to Continental Improvement Co. The Penn, rail¬ against first and consol, mortgages, and othei* lands
and tots against income bonds. (Y. 25, p. 357; V.
road virtually buys the coupons paid by it, and
•holds them. (V. 24, p. 5m; V. 25, p. 334; V. 26, 26, p. 40, 290, 334.)
Huntingdon A Broad Top. - Capital stock is $2,*
p. 95,192, 239, 443, 548, 625.)
(
,
do
O.
Boston.
O.
Bost. & London.
A.
J. N. Y., F. P. James & Co.
J. N. Y., Metrop. Nat. B’k.
J. Augusta,Ga., RR. Bank,
N. Y.,
do
do
M. & S.
Grand Trunk (Canada).—1The above figures repre¬
Fort Wayne, Muncie A Cincinnati.—Receive*
sent pounds sterling. ' Net earnings in half year
appointed November, 1874. (V. 23, p. 396.)
ending Jan. 1,1878, £239,441. Interest, rentals, &c.,
Framingham A Lowell. -Leased to Boston,.Clin¬ £190,199. (V. 24, p.396, 467; Y. 25, p. 450, 510,
ton & Fitchburg; has also $250,000 8 per cent notes 618; V. 26, p. 265, 443.)
due in 1882-3.
Boston, Office,
O.
A. A O.
2,560,000
3,111,500
500,000
500,000
1,200,000
3,218,149
2,327,808
7.166,910
1,182,550
461
707
Payable, and by
Whom.
& J.
J. &
4,000,000
3,549,000
516,000
£3,486,787
7,500,000
50
1867
1866
1870
gold
mortgage,consolidated
Scrip for past due coupons
Illinois Central—Stock
Redemption, lst.and 2d series
Mortgage bonds, sterling
Sterling bonds, (sinking fund £20,000 yearly)....
.
&
A
&
&
&
&
A
A.
A.
A.
F.
J.
J.
J.
J.
J.
500,000
500,000
4,200,000
1,493,000
600,000
4,200,000
522,500
399,000
2,800,000
300,000
500,000
1,200,000
343
118
47
3d
Mortgage, sterling.
I. C. bonds, coup. ($2,000,000) M.
Payable
$1,800,000
1,000
,
74
Huntingdon dk Broad Top—1st mort.,
2d mortgage, gold
When
Cent.
pnl, When Due.
1876
m
15
53
54
54
....
Various
296
»-m
....
£100
....
m ^
m,
•
143
Houston dk Texas Cent— 1st M., (main)gold, l.gr.,s.f.
1st mort., West div. (Hempstead to Austin)
2d M., guar.
•
•
350
350
145
1st mortgage
2d mort. bonds of 1869
do
•
495%
Housatonie—Stock
Preferred stock
do
1,000
.•mm
Harrisb.y Fortsnith, Mt. Joy dk Lane.—Stock
do
1869
1869
1875
1873
1875
•
(renewed
100
.
-
1st mort. (Conn.)
100 &c.
•
1,000
....
Postal bonds, &c., secured by gov’t business
1st pref. bonds, conv. into 1st pref. stock
2d
do
do
2d
do
3d
do
conv
Great Western (Canada)—Common stock
Preferred 5 per cent, convertible into common...
Debentures..
New bonds, coupon
Short bonds exchanged for bonds due 76, '77, ’78.
Greenville dk Columbian 1st mort.,guar.by State . ..
Bonds not guaranteed
New mortgage (for $2,500,000)
Hannibal dk St. Joseph—Common stock
Preferred stock (7 p. o. yearly, not cumulative)...
Missouri State loan
Bonds 1870, convertible
B’ds ($1,000,000) secured by $2,500,000 I’d notes
1st mortgage (Quincy & Palmyra RR)
1st mortgage (Kansas City & Cam. RR.)
Harlf., Prov. dk Fishkill—1st m. (R.
....
Where
Rate per
•
do
1st mortgage.
Outstanding
1,000
1,000
1877
1,390
(act of 1874)....
do
•
•
Par
Value.
Honns —JC rinci-
INTEREST OR DIVIDENDS.
Amount
500
Equipment mort., 1st on all rolling stock
3
.
do
Grand Rapids dk Indiana—Stock
1st mort., land grant, gold (guar, by Pa. RR)
■1st mort., gold, ($2,469,000 are land grant)
Income mortgage bonds, for $10,000,000
Grand Trunk (Canada)—Consolidated stock
discovered In these Tables.
by giving Immediate notice of any error
Subscribers will confer a great favor
do
ad
RAILROAD. STOCKS AND BONDS.
1878.]
052,800. Gross earnings in 1876 were $270,441; net*
$143,815. Interest passed on 3d mortgage bonds.
(Y. 22, p. 206; Y. 24, p. 369.)
Illinois Central.—The general mortg.
vides for all bonds
outstanding.
of 1874 pro¬
It is limited to
$15,000,000. The Company has become interested
purchase of the N. O. Jack. & Gt. North, on
foreclosure, and has a similar interest in tho
in the
Mississippi
Central,
sold
under
consolidated
In July, 1877, took the Chic.. A Spring,
under lease, ard issued the bonds secured on that
road. The annual report for 1877 (Y. 26, p. 164) gives
causes for decrease in earnings, prospects, Ac.
Tho
following is a comimrison for four years:
Gross
Net
Interest;
Year.
Earnings.
Earnings.
Ac.
1877.
....$6,639,845
$2,546,561
$582,990
1876
7,040.9(59
2,144,776
616,792
1875
2 670,081
661,098
7,802,556
1874.;
7,90),721
2,775,362
413,610
(V. 24, p. Ill, 13 4, 158, 368, 444, 558; V. 25, p. 432,
4i8; V. 26, p. 164, 548, 574.)
mortgage.
...
Inaxanopmis, Bloomington A
Western—Default was
first made J uly. 1874, and decree of foreclosure mado
in May, 1877. 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 ’816-7, $349,567. Western extension
deficit on operations, $45,106. (V. 25, P. 62, 162, 357,
407. 511; V. 26, p. 67, 190, 420, 470, 548.)
Indianapolis, Cincinnati A Lafayette.—The com¬
defaulted July, 1876, and Mr. Ingalls, President,
appointed receiver.
Gross earnings 1878-7,
$1,311,209; expenses, $775,426; net earnings, $535,783. (V. 24, p. 181, 273; V. 25, p. 182, 380; V.
pany
wan
26, p. 265- 625.)
Indianapolis, Decatur A Springfield—This em¬
Illinois Central Tho
holders of old I.& I.C.
firsts, and till July, 1881, Interest is payable out of
net earnings only, if sufficient.
Gross earnings*
la76-7, $101,105; net, $17,7C9. (V. 25, p. 511.)
braces the former Indiana &
second mortgage is issued to
V
BAILKOAD STOCKS AND
xxii
Subaerlber* will confer a
great favor by giving
explanation of column headings, &c., see
at the head of first page of tables.
note*
Date
of
Road. Bonds
1869
1870
1871
iL17
117
519
204
255
204
255
International 2d mortgage
Houston & Gt. Northern 2d mortgage.
Funded coupon bonds
Iowa Falls d Sioux City—Stock
1st mortgage, April 1, ’(59
274
52
274
Bluffs & St Joseph
C. Bl., mortgage
income bonds, reg...
673
140
253
394
245
34
427
Kansas Pacific—Stock
1st mort,, gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140th to 393d mile
2d mort (to U. S. Gov.) on 394m. west Mo. River.
1st M., 394th to 639th mile, I’d gr., 3,000,000 ac’s
1st mort., coup., (Leavenworth Branch)
Income bonds, coupon, 3d mortgage on 427 miles.
1st land b’ds, cp, or reg., gold, on 2,000,000 acres
do
33*2
gold, land gr., guar
Kentucky Central— 2d mortgage
99
99
162
3d
mortgage
Keokuk d Des Moines—1st mortgage
Funded interest bonds
Knox & Lincoln— 1st
....
1,700.000
1,450,000
1,000
4,084,000
2,052,000
2,907,000
100
500 Ac.
4,625,000
2,960,000
1,000
mortgage
m
m
1866
1,000
1877
1877
100 &c.
100
100
1865
1,000
1866
1,000
1865-7
1869
1,000
1866
1,000
50 «fcc.
1866
250 &c.
1870
1871
1,000
1876
1873
1,000
1853
1,000
1855
1,000
100&C.
1874
100 &c.
1874
’69-’72
1871
1,000
1871
1,000
.
T.-ftfayette Bloomington d Miss.—1st mortgage
Lafayette Mancie & Bloomington—1st mortgage...
Southern—Stock
Guaranteed 10 per ceut stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon.
do
do
do
registered
2d mortgage, do. (for $25,000,000) coup, and reg.
Income bonds, coupon or registered
Mortgage bonds 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
2d mortgage
do
Buffalo & Erie, mortgage bonds,
do
do
do
do
Det. Monroe & Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage
fund.
Kalamazoo & Schoolcraft,
864
864
864
| 7,925,000
9,206,000
1869
1855
1866
1862
500 &c.
1867
1868
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500 &c.
1,000
m
n
1st mortgage, coupon and
2d mortgage, registei ed
registered...
Indianapolis A St. Lows.—Of the 1st m'rtea?e
bonds series “A” are I & J.; series “ B,” M. & S.;
series “ C,” M. & N. The stock, $600,000, is owned
^
^
»
•
•
*
^
—
^
9
■
1863
1869
1,000
1,000
50
.
Lawrence—Stock
1st mortgage
Leavenworth Atch. d X. IF.—1st mort., guar.
Leaven., Law. d Galv.—1st mort. J.gr. ,s.f., couv—
Kansas C. & Santa Fe, 1st mort., guar.
Southern Kansas, 1st mort., guar
Lehigh d Lackawanna— 1st mortgage—
Lehigh Valley—Stock, common and pref.
1,300,000
666,000
1,000
1,000
1869
1867
Kalamazoo, Allegan <fc Gr. Rapids, 1st mortgage
do
do
stock, 6 per ct. guar.
Jamestown & Franklin, 1st mortgage
do
do
2d mortgage
2,395,000
1870
1870
1873
1872
1869
1855
1859
1867
1868
1876
mortgage
600,000
844,000
237,000
2,300,000
254,800
49,466,500
1866
1st mortgage
600,000
4,275,350
1,605,250
1,500,000
1,500,000
100
100
Lake Shore & Michigan
Schoolcraft & Three River. 1st
•
.
4,493,428
2,488,000
10,000,000
2,240,000
4,063,000
6,303,000
6,404,000
1865
1870
1869
1870
1872
1867
1,000
1,000
1,000
1,000
m
m
m
»
__
50
1868
1870
1,000
1.000
533,500
3,294,000
888,000
5,256,000
1,000,000
1,000,000
1,393,000
1,595,000
849,000
200,000
300,000
2,844,000
924,000
400,000
100,000
100,000
840,000
610,000
422,000
500,000
450,000
341,000
600,000
5,000,000
720,000
160,000
300,000
27,228,855
5,000,000
6,000,000
7
7
7
7
6
6
"l
pal, When Due,
Stocks—Last
7 £•
7
7
7 g.
iZ«
7
7
8
6
New York.
Jan. 1, 1900
Feb., 1904
_
1, 1904
Feb.
Bank. April 1, 1899
1900
& A. N. Y., Bk
do
& D.
1887 & 1889
Jan. 1, 1889
May, 1878
May 1, 1881
Oct. 1, 1906
July 1. 1919
July 1, 1882
April 1, 1900
Jan.
Jan.
Jan.
Boston, at Office,
do
do
do
do
1, 1880
1, 19 OT
1, 1907
of Commerce. Aug. 1, 1895
June 1, 1896
do
1895 to ’97
Payable *2 by transportation.
M. & N. N. Y., Loud. & Frankft. May 1, 1899
1, 1896.
M. & N. N. Y., Bk of Commerce. Jan
M.
J.
M.
A.
A.
M.
J.
A.
A.
F.
F.
F.
F.
&
&
&
<fc
A.
A.
A. N.
A.
-
Bank.
New York.
.
do
do
Q.-J.
J. & D.
A. & O.
A. & O.
M. & N.
J. & J.
A. & O.
A. & O
J. & J.
A. & O.
J. & J.
M. & S.
A. & O.
F. & A.
J. & J.
J. & J.
J. & J
J. <& J
A. & O.
J. & J.
J. & D.
2*2
7
7
10
10
8
7
1
6
7
Islg
*-■
1880-1902
Aug., 1901
Aug., 1901
Y., Chase & Atkir s.
J. & J.
7
-
July 1, 1916
do
do
S.
J. N. Y., Lond. & Frankf’t. July 1, 1880New York,
Sept., 1886
S.
Oct., 1879
do
O.
New York.
April 1, 1903
O.
March, 1883
S. N. Y., Bank of America,
June, 1885
do
do
& D.
1904
New York Office,
& O.
1884
do
do
& O.
&
&
6i
&
&
&
Various Bath, First Nat.
7 g.
7 g.
2
5
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7 '
7
8
8
8
3
7
1908
1900
•
June, 1878
Y., Nat. Park
‘
ts-
July 1, 1919
Oct, 1, 1900
July 1, 1881
B’k April 1, 1911
J. & J. Honesdale-Nat. Bank.
J. & J. N. Y., by Erie Railroad.
.—F. N. Y., Farm. L. & T. Co.
do
do
; & n.
do
do
A. & O.
do
do
J. & J.
J. & J. N. Y., Farm. L. & T. Co.
J. & J.
Philadelphia Office,
do
do
A, *fc O.
6*g.
Dividend.
Whom.
J. & J.
J. & J.
A. & O.
7
6
interest of bonds; still in litigation. In Jan.,
7 per cent bond, guaranteed by M. C.,
(V. 24, p. 567; V. 24, p. 445; V. 25, p. 592;
a
A. & O. N.
J. & J.
1%
397,000
2,409,000
2,000,000
100
Payable and by
O. N. Y., National City
do
do
J.
do
do
A.
do
do
A.
Q.—M.
1
7
8
7
7
2,000,000
2,000,000
800,000
500,000
300,000
2,789,413
500,000
&
&
&
&
A.
J.
F.
F.
300,000
1,000
1,000
1,000
1,000
1,000
Where
Various N. Y., Union Trust Co.
do
do
A. & O.
do
do
J. & J.
F. & A. N. Y., Farm. L. & T. Co.
do
do
M. & N.
4,000,000
a
100
500 &c.
•
Pay’Die
2,787,620
1,000
1,000
.
Cent.
5,500,000
3,264,000
1,000
1,000
m
When
917,000
500,000
1,000
1871
1872
1874
1874
1876-8
Rate per
i
$2,000,000
500 &c.
....
1862
1866
1870
Indianapolis & Madison, 1st mortgage
Jeff., Mad. & Ind., 1st M. (s. f. $15,000 per year).
do
do
2d mortgage
Joliet d Northern Indiana—1st mort, guar by M. C.
Junction, Philadelphia—1st mortgage
2d mortgage
Kansas City, St. Josephs Council Bluffs—Stock.
Outstanding
J,000
1,000
1869
Jeffersonville, Madison d Indianapolis—Stock
Amount
$1,000
1869
1870
1867
Jacksonv., Pens.dMob.—Florida State bonds, gold...
Jefferson (Pa.)—1st & 2d morts. (Hawley Branch)..
1st mortgage (Susquehanna to Carbondale)..
2d land mort.,
do
do
Consol, funding mortgage
June. C. & Fort K., 1st mort.,
Size or
par
Value.
Miles
of
Indianapolis <£• St Louis—1st mort., in 3 series
2d mortgage
inipment 1bonds.
Equipment
Indianapolis d Vincennes— 1st mortgage, guar
2d mortgage, guaranteed
International d Great Northern—Consol, stock.
International, 1st mortgage, gold
Houston & Great Noil hern, 1st mortgage, gold...
1st mortgage, Council
Kansas City, St. Jo. &
do
do
dlecovered In these Tables.
Bonds—Princi¬
immediate notice of any error
INTEREST OR DIVIDENDS.
DESCRIPTION.
For
[Junk 2d, 1878.
BONDS.
Feb.
Feb.
1, 1878
1, 1876
July 1, 1900
July 1, 1900
Dec. 1, 1903
Oct. T, 1882
Oct, 1, 1879
May 1, 1885
Jan. 1, 1889
Oct. 1, 1892
April 1,
July 1,
April 1,
July 1,
Sept. 1,
April 1,
Aug. 1,
,9
2+3 ® £
*326
%-d'tf d
cSdflO
1899
1885
1886
1882
1886
1898
1906
1, 1890
July 1, 1887
July 1, 1887
July 1, 1888
April 1, 1878
Var.to July, ’9T
Juno 1, 1894
July, 1878
Pittsburg Office.
Q.-J.
Augv 1895
F. & A. N. Y., Winslow, L.&Co.
Oct. 1, 1889
A. & O. N. Y., B’k of Commerce
July, 1899
J. & J. New York and Boston
M. & N.
Jan.
gg’s1*
Boston Office,
do
May, 1890
Philadelphia Office.
April 15,1878
June, 1898
Sept., 1910
1892
Feb., 1897
F. & A.
1878,
offered.
V. 26, p.
Q.—J.
J. & D Reg.atoffice, cp.B’kN.A
M. & S.
Philadelphia Office.
943. Interest is paid on bonds by cities
Annual report for 1876, V. 22, p. 304.
and towns.
Lafayette Bloomington A Miss.—Formerly leased
to Tol. Wab. & W.; nowte Laf. Muucie & Bloom.
by Pennsylvania Co. and Cl. Col. Cm. & Ind. This 40.)
Junction {Phi/.V—Owned by connecting companies.
(V. 23, p. 353; V. 24, p. 445, 468, 518.)
company forms part of the Pennsylvania system, and
leases the St.Louis, Alton & Terre Haute. In i87o-7. Cost of road $898,324; paid-up stock, $185,000.
Lafayette Munc'e A Bloomington.—In hands of
net earnings wera $ .91,432. (V. 24, p. 495; V. 26,
receivers.
Kansas City, St. Joseph A Council* Bluffs—The
(V. 24, p. 468, 518.)
p. 95.)
above statement is made of the securities as issued
Lake Shore A Michigan Southern.—"Dae bonds, as
Indianapolis A Vincennes.—Is contro led by Penn. since re-organization. Annual report of operations
above given, ere the amounts actually outstanding'1
Co, throngh stock ownership, and interest is guar¬ in 1876, and outline of plan for issue of securities
The
anteed by Penn. Railroad.
Net earnings in ls75 in V. 25, p. 62. (V. 22, p. 233, 495; V. 26, p. 39 J.) after deducting those in sinking funds.
annual report to Dec. 31, 1877, is in V. 26, p. 4t2.
were $32,708.
(V. 20, p. 426.)
The following shows a summary for the years named::
Kansas Pac.—In 1877grossear’ng8were$3,2^4,7 '4,
International & Great Northern (Texa*).—A con¬
1875.
1876.
1877.
solidation of the International and the Houston & and net earnings $1,367,777, against $1,2S<\46< in 18^6
Miies
1,175 '
1,176
1,176
Great Northern. Interest passed and funded in 187', and $1,572,880 m 1875. 3 he earnings made on each
The Gross earnings. $14,434,198 $13 949.176 $13,505,158
and fnnded coupon bonds are now $2 i87,6 0. His mortgage division are shown in V. 26, p. 192
grant is m two trusts, 2,000,000 acres in the first, Operat’g exp^es. 10,531,500
9,574,825
8,963,965
a land grant.
Receiver appointed April. 1878. Net land
from the 1st to the 380th mile (on which $703,371
3,902,697
4,374,341
4.541,193earnings, 1317, $466,243. (V 23, p. 403; V. 24, p. rotes for lands sold were outstanding April, ’78). and Net earnings....
50,000,000
50,000,000 50,000,000
Stock
299; VT26, p. 342, 547).
3,000,000 acres in the second, iroih 3-0th mile west- Total debt
37,774,COO 37,524,000 37,274,000Iowa Falls A Sioux City.—heased to Illinois Cen¬ waid, oji which about »375 000 land notes were h- Id.
(V. 23, p. 33, 254, 622; V. 24, p. 16, 418; V. 25, p.
tral at 35 per cent, on earnings.
The company pa5d half the interest on its bonds, (ex
16, 63, 230, 510; V. 26, p. 442.)
Iron Mountain, Chester A Eastern.—This was for¬ cept incomes), after defaulting in 1873, up to No
merly the Chester & Tamaroa. Bonds are in de¬ veinber, lt>76, and then went into hinds of re¬
Lawrence.—Leased to Pittsb., F. Wayne & Chic,
fault since 1873, and foreclosure sale ordered. (V. ceivers. Important negotiations for coLtrol by Union
at 40 per cent on gross earnings. Lease transferred
Pacific
ma
le
in
(V.
p.
407,
569:
May,
1878.
25,
450,
to Pennsylv’a Company. Net earnings, 1875, $84,177.
aa, p. 614.)
V. 26, p. 192, 391, 4.0, 470, 543, 624.)
oinking fund has $14,000 bonds. (V. 20. p. 425.)
Jacksonville, Pensacola A Mobile— This road is
mortgaged for a like amount of Florida State bonds,
Leavenworth Atch.AN. W.—Operated by Missouri
Kentucky Central.—This was formerly Covington
and is held by the state and noticed for sale April & Lexington. = The company purchased the MaysPacific.
*, 1877. (V. 22, p. 158; V. 23, p. 63, 256, 576; V. 24, ville & Lexiugton road. In June, 1878, it paid a
Leavenworth, Laurrence A Galveston.—Defaulted
dividend of 3 per cent on prefetred stock of $500,000
> 40, 204; V. 25, p. 212.)
on interest July, 1373. \Noticed for sale in foreclos¬
and
1
per
$4,500,003.
cent
on
common
stoclr
of
Jefferson.—Leased to the Erie Railway Company,
ure June 5, 1878.
(V. 2^ p. 265, 420, 6t 0.)
Gross earnings 1877-8C $648,312; net, $246,694. (V.
which pays interest on the bonds. (V. 14, p. 628.)
24,
p. 495; V. 26, p. 6 73.)
Lehigh A Lackawanna.—Operated by Central of
JeffcrsonvWe, Madison A Indianapolis.—Leased
New J ersey as a coal road.
Jan. 1, 1873, to Pennsylvania Company for interest
Keokuk A Des Moines.—The stock is $1,524,000
and sinking fund of bonds, and 7 per cent, a year pref. and $2,400,000 common. Coupons due Oct. 1,
Lehigh Val.—This company’s earnings are chiefly
on stock.
Lease guaranteed by Penns. Railroad. 1877, and April 1, 1873. fuuded into scrip. In May,
from anthracite coal. The gross income from all
In 1877, gross earnings were $1,177,976; net earn¬ 18 8. leased to Chic. Rk. I. & Pacific on basis, of a
sources, in 1876-7, was $7,100,218: net $3,937,390ings, $499,033. (V.26, p. 192.)
The Co.’s report trives no general balance sheet,
Joliet A Northern Indiana.—Mich. Central offered
17; V. 25, p. 212; V. 26, p. 470, 523, 546.)
nor the cost or value of its miscellaneous invest¬
to extend with a 6 per cent, bond, but court decided
ments.
Of the E. & Amboy mort., $5,000,000 have:
Knox A Lincoln.—In 1877 net earnings were $48,that total rent must be applied to principal and
.
fiarantee of new bonds atSperce’t (V. 24, p.
RAILROAD STOCKS AND BONDS.
1878.]
Subscribers will confer
a
great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
at the head of first page
Date Size, or
of
of.
Par
Road. Bonds. Value.
tables.
Lehigh Valley—( Continued)—
Consol. mort., gold, $&£<s. fd. 1 p.c. v’ly) cp.&r«
Easton & Amboy, 1st mortgage (for $10,000,00
Delano Land Company bonds, endorsed
Letwisburg Centre dk Spruce Creek—1st mortgage.
Little Miami—Stock, common
1st mortgage.
Street connection bds (jointly with Cin.& Ind.JEU
....
19
196
81
*
65
Cincinnati & Lexin.
agton, 1st mort.
New mortgage, coupon, for $1L,000,000.
Louisville dk Nashville— Stock
175
175
737
Louisville loan, main stem (no mortgage)
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do • extension, Louisville loan
Consolidated 1st mortgage for $8,000,000
2d
ige bonds, gold, coup
Memphis & Ohio, 1st mort., sterling, guar
Memphis & Clarksville br., 1st mort., sterling
LoweU dk Lawrence—Stock
12
20
77
77
39
Mahoning Coal— 1st mortgage,'coupon
43
26
355
355
Manchester dk Lawrence—Stock.
Maine Central-Stock....
1st
19
38
72
.......
do
do
consolidated mortgage....
Belfast & Moosehead, 1st mortgage.
Mansfield dk Framingham—1st mortgage..,.
Marietta dk Cincinnati—1st mortgage, dollar
33
22
188
1st-mortgage, sterling
2d mortgage
»
3d mortgage.
4th mortgage for $4,000,000
Scioto & Hocking valley RR., 1st mortgage
Balt. Short Line, stock, 8 p. c. guar by M. & C...
188
do
do
1st mort., guar, by M. & C
Cincinnati & Baltimore RR., stock
30
5 Jfl
.
^
1,000
1,000
i;ooo
1,000
1,000
£200
£200
100
.
1867
1869
1870
1872
1,000
1,000
1,000
1,000
1872
1860-1
1870
1868
1871
1861
100
1863
100
1865
1870 500 dec
1869
1861
1861
1866
1870
1873
1866
100
1869
1,000
50
44
94
109
292
$4,700,000)
Michigan Central—stock
1st mortgage, convertible, sinking fund
292
800
1877
39
1870
39
1870
1,000
284
103
10
1872
1869
1874
Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort., guar
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
284
Consolidated mortgage (for $10,000,000)
Michigan Air Line mortgage
Michigan Air Line 1st mort., assumed by M. C
Equipment bonds
1,000
1,-000
1,000
1,000
25
284
mortgage, convertible
L. Y. Company.
A comparative
is as fotiows:
1874-5.
1815-6.
1876-7.
7
7
6
7
7
7
1*2
77,000
333,000
7,070,000
2,000,000
3,500,000
2,336,730
200,000
600,000
7
6
7
7 g.
7
6 g.
3
400,000
7
7
7 g.
7
5
J.
J.
A.
J.
M.
7
6
6 g.
7
6
6 6
6
6 g.
7
7
7 g.
7
8
‘
8
7
4
7
4
7
A.
F.
A.
J.
J.
J.
A.
A.
M.
J.
F.
F.
M.
J.
A.
M.
J.
J.
M.
J.
J.
J.
F.
M.
6
6
1,166,700
150,000
300,000
2,450,000
1,050,000
i
2,004,000
300,000
1,125,000
750,000
8
1,910,000
2,000,000
8
8
10
840,000
706,000
5,312,725
1,260,000
1,000,000
little Bock A Fort Smith.—Foreclosed Dec. 10,1874.
Re-organized and stock issued for old bonds. Net
receipts, 1876, #51,044; in 1*77, $114,126.
*
•
-
*
7
7
7 g.
2
8
8
7
2i264;000
18,738,204
1,501,000
556,000
8,000,000
1,900,000
200,000
556,000
8
8
8
8
8
640;000
70,000
M.
J.
J.
J.
A.
A.
M.
J.
M.
A.
M.
M.
p.
(V 25,
p.
549.)
cree of sale made.
The total liabilities. September
1875, reported at $4,097,000, of which $323,000 were
receiver’s certificates. (V. 22, p. 63; Y. 23, p. 428.)
$:
'
Went into Receiver’s hands October, 1877.
(V. 23,
Pi 112; Y. 26, p. 834,482, 510; V. 28, p. 290, 892.)
Mahoning Coal.—This coal road runs from An¬
dover. O, to Youngstown, O., and is leased to the
Like Shore & M. S. for 25 years from May, 1873, at
40 per centpf gross earnings.
Manchester A Lawrence.—Formerly operated with
the Concord RR. as one line. Net earnings 1876-7,
interest and rents, and leave a balance of
sold $1,4)11,030 of consol,
do
Company’s Office.
1873
N.Y..St. Nicholas N.Bk.
1890
1884
do
do
do
do
do
do
do
do
Drexel, Morgan & Co.
N. Y., Bank of America.
do
July, 1898
May, 1903
April, 1901
Sept., 1901
Jan., 1881
Jan., 1897
do
1907
Feb. 11, 1878
N. Y., Drexel, M. & Co. 1886 & 1887 '
do
do
1886
Louisville.
Nov., 1880-’S5
Louisville.
Oot, 15, 1893
do
N.
Y., Drexel, M. & Co.
London, Baring Bros.
do
do
April, 1898
1883
Dec., 1901
Aug., 1902
Apl. 2,1878
Nov. 1,
New York.
Boston.
Philadelphia.
J. N.Y..M.K. Jesup.P.&Co.
do
do
J.
New York.
O.
J. N. York, Union Trust Co.
N. Manchester and Boston.
Maj^l878
^
1879
Oct., 1890
Jan., 1902
May 1, 1878
$47,179
bonds in the
& O. Bost., Nat. B’k Com’rce.
& A.
& O.
& J.
& J.
& J.
& O.
& O.
& N.
& J.
& A.
& A.
& N.
& J.
& 0.
& N.
& J.
& D.
& N.
& J.
& D.
& J.
& A.
& 8
Bost., N. Bk. Commerce
do
do
do
do
Portland.
Bost., Nat. B’k Com’rce
Portland, Me.
Bost., Nat. B’k Com’rce.
Belfast and Boston.
Boston, Bost. Nat. Bank.
Balt., R. Garret & Sons.
London.
Balt., R. Garret & Sons.
do
do
do
do
no
do
do
do
•
*
Balt., Merch. Nat. Bank
do
do
do
do
N. Y., Company's office.
do
do
do
do
do
do
April *ij *1912
1890 to 1891
Oct., 1900
Juljr, 1898
July, 1901
July, 1891 *
April 1, 1883
Oct. 1, 1895
May 15, 1890
July 1, 1889
Aug. 1, 1891
Aug. 1, 1891
May 1, 1896
July 1, 1890
April, 1908
May 1, 1896
Jan., 1878
Dec. 1, 1904
Nov. 1,
Jan.
1877
1, 1900
June 1,1892
July 1,1891
Aug. 1,1892
3Pt. 1, 1903
Sepl
N. N. Y., R. T. Wilson & Co.
do
do
J.
do
do
J.
J. New York and Boston.
Boston Office.
O.
do
O.
N. N. Y., Farm. L. & T. Co.
do
do
J.
do
do
N.
&
&
&
&
&
&
&
&
&
&
&
&
O.
do
N.
N.
do
do
do
do
do
May 1,1880
Jan. 1,1885
Jan. 1,1916
June 1, 1878
Oot. 1,1882
Oct. 1,1882
Mayl, 1902
Jan. 1,1890
1890
April 1,1883
Nov. 1,1890
Nov. 1,1890
(V. 22, p. 350; Y. 24, p.
V. 26, p. 341.)
to pay floating debt.
Mansfield dk Framingham.—Leased to Bostos,
Fitchbcig, at 25 per cent of gross earn¬
ings.
Consolidation made June, 1875.
(V. 20,
p.
615.)
Marietta A Cincinnati— Capital
stock is $14,000,
Gross earnings for the year
1876 were $1,687,-
000.
expenses, $1,291,870; net earnings, $345,181,
against $371,424 net earnings in 1875. The Balti¬
more & Ohio Railroad made large advances for
construction, &c. Default wa9 made in 1877 and a
receiver was appointed in suit to foreclose the 4th
mortgage. The first mortgage bondholders com¬
plain of the payment of interest on guarantees
which are inferior liens to their own.
(V. 24, p.
234; V. 25, p. 303, 335, 5(9; Y. 28, p. 216, 842,496.)
052;
Marquette. Houghton A Ontonagon.—This
is
a
Marquette & Ontonagon and
Honghton & Ontonagon, and operates 8334 miles.
Lands amount to 425,000 acres, chiefly timber and
mineral.
Stock, $2,306,600. Net earnings, 1376'
consolidation
of
$347,687.
Memphis A Charleston—road was leased in
Jnne, 1877, to tbeE. Tenn. Va. & Ga. RR. Co. An im¬
portant negotiation was also made in the same fiscal
year,
459.)
were
July 1, i895
July, 1878
Oct., 1882
Y., Jones & Schuyler.
Aug., 1900
Boston.
Clinton &
Lykens Valley.—Leased to Summit Branch Rail¬
There
MY^g1883
Philadelphia Office.
344; V. 25,jp. 187;
road at $62,500 per annum. (Y 25, p. 113.)
Macon dk Augusta.—Leased and operated
Long Island.—Gross earnings, vear ending Sept.
80,1876, $1,134,758; net earnings, $383,608 (including
Interest and rentals,
$276,831. Net earnings for three years before, were:
1874-5, $213,505; 1873-4. $317,831; 1872-3, $365,333. $100,435. against $100,686 in 1375-8. (V. 25, p. 39.)
Maine Central.—The total earnings for the year 1877
were $1,654,237; operating expenses. $1,003,583: net
earnings, $653,693—sufficient to pay $603,5!9 for
leased lines from May l);
&
&
&
&
&
year
Louisville,
foreclosure Oct. 1, ’77.
by the
Georgia Railroad, which guarantees all the bonds
Little Schuylkill. —Leased and operated by Phila¬ except $100,000 of first mortgage. Gross earnings,
1377-8, $99,787; expenses, $104,bC7. (V. 26, p. 468.)
delphia & Reading. Dividends, 7 per cent.
Madison eft Portage.—Controlled bv Chic. Mil. &
Logansport, Crawfordsvitte & S. W. of Ind.—De¬ St.. Paul. Gross earnings, 1876, $31,896. (V. 26,. p.
'68V V. 26,
Cincinnati.
....
from Louisville to St. Louis,
To be sold ir. foreclosure.
$2,783,633 $3,205,896 $3,325,214
27,(92,297 27,228,920 27,228,855 (V. 20, p. 16,357, 458; V. 21, p. 86; Y. 22, p. 3i8.)
Funded debt
22,129,000 24,186.000 24,301,000
Louisville dk Nashville. -In 1876-7 surplus above
Floating
debt
460,208
635,813 int. and rentals was $350,009. For six months end¬
•
Anthracite.
(V. 24, p. 110; V. 25, p. 233;
ing Dec. 31 net earnings were $1,336,895 in 1877,
V. 26, p. 67, 340.)
against $1,135,795 iu 1876.
Gross earnings of main
stem,branches and leased lines in 1876-7, $5,315,326;
IMUs Miami.—This company leases the Columbus
net, $2,140,520. Nashv. & Dec. is leased, and liabili¬
.&Xenia, and both are leased to Pittsburg, Cincin¬ ties for the S. & N. Ala. are assumed. (V. 23. p.
nati & St. Louis, guaranteed by Penn. RR., lessees
279, 376, 473; V. 24, p. Ill; Y. 23, p. 41, 332,
Assuming interest payment on bonds and 8 per cent 356;fcV. 26, p. 142.)
eh stock.
Net earnings, 1876, (L. M. & O. & X.)
LoweU dk Lawrence.—Leased to Boston & Lowell.
$223,555. (V. 23,'p. 427; -V. 24, p. 420.)
(V. 25, p. 357.)
earnings
Capital stock
i892
....
This road is projected
and has 28 miles built.
Net
Cincinnati.
Q.—F.
2J«
Cincinnati A Lexington. — Sold in
for $731,000 to 2d mort. bond¬
holders, subject to above Hens. New co. organized
with
$2,100,000 stock. (V. 24, p. 170, 469, 565; V. 25,
•Coal (tons)moved... 8,277,527 3,951.513 4.362,124
Gross earnings.
$6,016,495 $7,049,646 $6,434,036 p. 16, 335, 356, 433, 533.)
Operating expenses.. 3,262,861 3,842,750 3,162,822
Louisville, New Albany dk St. Louis Air-Line.—
to
statement for three years
Jan.,
May 1, 1902
June 9, 1878
Y., Bank of America.
N.
Q.—F.
9,003,218
849,000
225,000
1,200,000
1872
1871
1872
1873
Philadelphia Office.
Various
106,500
250,000
600,000
100,000
3,000,000
2,500,000
3,000,000
1898 & 1923
Q.—M.
1,121,500
1,000,000
3,620,120
3,898,600
1,100,000
496,500
756,800
633,000
425,000
217,300
’
Philadelphia Office.
M. & N. N
F. & A.
M. & N.
M. & N.
M. & N.
A. & O.
M. & S.
J. & J.
J. & J.
A. & O.
F. & A.
A. & O.
Various
M. & N.
A. & O.
A. & O.
M. & N.
J. & D.
F. & A.
A. & 0.
1,480,000
100
100 &o.
•
J. & J.
M. & N.
7
6
7
370,000
600,000
100
■
& D.
....
T. & J.
J. <fc J.
A. & 0.
1
100 &c.
J.
7
3
7
8 g.
500.000
1st mortgage, convertible
2d mortgage
New oonsoL mortgage, gold (for
been issued
1,000
1,000
Stocks—Last
Dividend.
Payable, and by
....
150^000
500
500
500
500
1st
mortgage
Marquette, B. dk O—1st mort., I’d gr., M. & O., coup.
1st mort., I’d gr., H. & O., coup..
2d mort., land grant, M., H. & O., coup.
3d mort.,
do
do
do
Memphis dk Charleston—stock
1st
50
500
.
1856
1863
1863
1868
1873
1871
1872
83
Lykcns Talley—Stock
do
.
500 <fco.
100 &c.
100
392
392
130
Mason dk Augusta—1st mortgage
2d mort., endorsed by Georgia Railroad
Madison dk Portage—1st mort., gold
do
50
■
...
mortgage, consolidated
Bonds ($1,100,000 loan) A. &. K. RR.
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds & Farmington Railroad loan
Androscoggin Railroad, Bath City loan
Portland & Kennebec, 1st mort., extended
1,000
1860
1864
1868
1873
1871
1871
1851
1867
1877
95
4
10
19
Louisville
....
1877
1870
.
1.697,000
1,545,000
4,608,000
1,500,000
525,000
5,000,000
2,650,000
2,646,100
492,000
1,500,000
3,300,000
175,000
50
....
6 g.
6
7
7
2
6
6
pal, When Due.
Whom.
"
Held by L.V.
1,000
1,000
1875
.
When Where
Rate per
Cent.
Payable
Outstanding
....
....
.
New York & Rockaway, guar.
Smithtown & Port Jeflerson.
1,000
....
123
31
31
92
1st mortgage, sinking fund, extended 1877
Logansp’t, Crawfordsv. A S. W. of Ind.—1st mort., g.
....
1853
1864
123
Amount
$1,000 $13,301,000
....
....
Little Bock A Fort Smith—New stock
1st M., Id grit (750,000acs) s.fund (for $3,000,00
Little Schuylkill-Sunk
.V.........
Long Island—Stock.
1st mortgage, extension.
1st mortgage, GlencoveJBr.
1st mortgage, main
Newtown & Flushing, guar
1873
1877
1872
232
60
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Miles
of
XxUi
■
Jens 2»,
'
placing the company in a much better financial
condition. See full account in V. 26, p. 115. Of the
new consol, mortgage $1.400 000 *is secured by old
Tenn. State lien for $1,785,906, assigned to a trnstee, and enough is reserv- d to take up 1st and 2d
mortgages. (V 23, p. 804; V. 24, p. 519, 565; V. 25,
p.255; V. 26, p. 115.)
Michigan Central.—The fiscal year will hereafter
31. For seven month", Juoe-Dec.,
1877,-net earnings on main line and branches were
$1,312,498. Floating debt has been paid off. The
Jackson L.& S. debt is assumed by Mich. Cent.,
which also pays #70,600 per year on the stock, onethird of which it owns; the proceeds of J. L. & S.
lands go to pay bonds. (V. 26, p. 519.) Interest waa
end with Dec
Subscriber* will coufer
Miles Date Size, or
of
Par
of
Road. Bonds Value.
For explanation of column headings, &c., see notes
at the head of first page
of tables.
Michigan Central—( Continued)—
Grand River Valley, 1st rnort., guar. 5
do
do
2d rnort., guar
do
do
stock, guar
Detroit A Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)—
do
1st mort.
Cons.
m. on
Michigan Lake Shore—1st mortgage..
J be rg
Milwaukee d Northern—1st mortgage
Milwaukee, Lake Shore d Western—1st m., gold
Mine HiU d Schuylkill Haven—stock
Minneapolis d St. L— 1st M., Min. to Sioux C. June.
1st
mortgage, Sioux City June, to Iowa line
mortg., Minneapolis to White B. Lake, guar..
Mississippi d Tennessee—1st mortgage, series “A”.
1st mortgage, series “B,” (a second lien)
Missouri, Kansas d 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
2d mortgage, income (for $10,000,000)
Hannibal A Central Missouri, 1st mortgage....
Missouri Pacific—Stock
1st mortgage, gold
2d mortgage (sinking fund $50,000 per annum)..
Real estate (depot) bonds
Debt to St. Louis County (no bonds)
3d mortgage
Carondelet Branch, 1st mortgage
Missouri R., Fort Scott d Qulf—1st m. 1. gr. s. f...
2d mortgage, coupon, may be registered
Mobile d Girard—2d mort., end. by Cent. Ga. RR..
1st
$1,000
$1,000,000
1869
1,000
118
118
116
1872
1872
1865
1870
1871
1869
1870
1875
500,000
491,200
424,000
1,906,000
1,277,000
680,000
2,001,000
880,000
15
100
100
786
182
100
786
786
70
299
283
283
299
15*3
161
161
85
186
516
sterling.
21
mortgage
($700,000)
40
80
1st mortgage, not endorsed
Monticello d Port Jervis—1st mortgage
Morris d Essex—stock
1st mortgage, sinking fund
2d mortgage
Convertible bonds
Construction bonds
Consol, mort. (for
$25,000,000)
guar.
80
23
137
D. L. & W.
Special real estate mortgage
Nashville, Chattanooga d St. Louis—stock
Bonds to U. 8. government, 2d mort
Naugatuck^-Stock
1876
1873
1869
1870
1869
1877
•
•
•
•
1871
1871
1874
1875
m
1867
1870
1870
.
1,000
1,00
5,320,600
1,000
1,000
1,009
500 Ac.
1,900
-
*
.'.
8
8
8
8
8
8
8
7
3*2
100 Ac.
1,451,207
1,000
(?)
700,000
1,800,000
1,040,000
330,000
500,000
100 Ac.
100 Ac.
1,000
1,000
1,000
50
250
500 &c.
1,000
1,000
1,000
1,000
1871
•
4,321,000
1,025,000
6,575,295
7
1,000,000
4
6
7
6
...
340
75
.
122
54
.
:
(gold)
57
133
.
1870
1867
1,000
1,837,000
500
100
206,000
6 g.
800,000
2
1877
Newcastle d Beaver Valley—Stock
New Haven d Derbu— 1st & 2d mortgages
New Haven d Northamp. (canal HR.)—Stock—
68A70
10
1870
.
Bonds convertible, tax free, coupon
Holyoke A Westfield RR, leased, 1st mort....
passed
on the Detroit & Bay City bonds, not guar¬
anteed, Nov., 1875. D. A B. C. net earnings in 1877
were $97,231.
(V. 24, p. 1%, 468; V. 25, p. 11, 332;
V. *6, p.417,514.)
Michigan Lake Shore.—Defaulted 1872. and in
receiver’s hands. Noticed for sale Jane 19, 1878.
(V. 26, p. 470.)
Milwaukee A Northern.—Two coupons were paid
In stock, but cash payment was resumed in July,
1876. It is leased to Wisconsin Central.
(Y. 22,
p. 233.)
Milwaukee, Lake Shore A Western.—Sold in fore¬
closure for $2,509,768, Dec. 10, 1875, and purchased
•
4,700,000
300,000
1,512,000
44
15
13
100
92
coupon
Q—J.
1,000
16is
Newark, Somerset d Straitsv., O.—1st mortgage.
q^m.
1,000
1873
—
1869
1869
.
*ioo
1,000
50
500 Ao
50
500 Ac
100
1,000
1,000
1,000
200,000
2,000,000
1.836,000
1,300,000
800,000
605,000
525,000
2,460,000
1,294,000
885,000
200,000
mortgage, Sept. 6,1876, for $3,000,000.
of old company
3
7
•
6 g.
5
7
5
7 g.
2*9
7
3
7
6
7
Stockholders
brought suit to annul the sale.
Default was made on carondelet Branch bonds, Oct.
1,1877, and compromise bonds at 50 per cent were
offered Jan., 1878. (V. 24, p. 16, 64, 113,136, 421;
V. 25, p. 235 ; V. 26, p. 41.)
Missouri River, Fort Scott A Gulf.—Interest paused
Oct, 1873, and subsequently.
Coupons overdue
Jan. 1, 1878, $2,127,550. Receiver appointed April,
1878. Gross receipts in 1877, from road and land*,
$1,004,54’; net, $263,891. (V. 24, p. 493, 565; V.
25, p. 808; V. 26, p. 342, 391.)
of
Georgia endorses these bonds, and holds the 4 per
Mobile
A
Girard.—The
Central
Railroad
by bondholders, who made this new first mortgage cent
mortgage bonds for advances made. (V. 23,
for $750,000. Net earnings, 1876, $57,479. (V. 21,
p. 549; V. 24, p. 542.)
.p.m,5«l: V.25,p.808.)
Mine Hill A Sc huylkill Harxn.—Leased to PhilaMobile A Montgomery.—&o\d in foreclosure. No¬
ddlphia A Reading, May l£64, for 999 years; 8 per vember, 1874, and stock issued to old bondholders.
Old mortgage debt yet out, $275,000. Gross earn’ s,
cent dividends on stock.
Minneapolis A St. Louis.—This road was com¬ 1877, $66o,037; net, $224,560. (V. 24, p. 180, 495;
pleted in 1877. The bonds of the $1,100,000 mort¬ V. 26, p. 418.)
gage. numbered from 1.101 to 1,4)0, for * 50) each,
Mobile A Ohio.—Foreclosure pending. Plan of
*$150,000 in all) are guaranteed by the Burl. C. R. & adjustment (see V. 28, p. 451). Gross earnings yeai
Northern Railroad. The bonds on the 15 miles
ending Aug. 1, 1877, $2,083,278; net, $189,485. (V
were issued by the Minneapolis & Duluth RR.
25, p. 17, 424, 511, 524, 530, 592, 618; V. 26, p. 166,
Mississippi A Tennessee —Gross earnings 1876-7, 256, 844, 496.)
$433,440; net, $212,763. All the debt is consolidated
Montclair A Greenwood Lake.—Re-organization of
in the mortgage of 1377, consisting of series “A,”
Montclair road sold in foreclosure. Receiver
preferred, ana series “B,” 2d. The debt to State old
(V. 25, p. 808, 835, 407,
of Tenn. is paid. (V. 23, p. 621; V. 25, p. 154,617; appointed, October, 1877.
619; V. 26, p. 67, 600, 625.)
V. 26! p. 39.)
Montgomery db Eufaula.—Was to have been sold
Missouri, Kansas A T*xas.—Latest report, V. 26.
inforeclosure Nov. 12. l?77v but postponed by an
p, 365. Gross earnings 1877, $ V* 97,321; net, $1,048,'
appeal. (V. 25, p. 17; V. 26, p. 6*7.)
664, against $1,371,833 in 1376, and $1,860,103 in 18:
Monticello A Port Jervis.—Defaulted in 1873. Sold
Net Income in 1877 over taxes $9E2,'ll. Annual
interest charge now (under adjustment) is $776,39°, July 7,1875. (V. 20. p. 358, 383; V. 21, p. 89, 592.)
Morris A Essex.—Leased in perpetuity to the
gold. The M.K.& T. bonds and U P. S. Br. bonds
draw 4 per cent in 1878 ard 5 in 1879-8’. Land Delaware. Lackawanna & Western.
The lessees
grant is about 4,565,142 acres. (V. 21, p. 442; V. assam * all liabilities and pay 7 per cent on stock.
25, p. 154.187; V. 26, p. 365, 892, *70. 523, 54?, 625.) Report for 1876* V. 24, p. 330; for 1^77, V. 26, p.
Missouri Pacific.—Gross earnings in 1877. +8,934.- 191.
Nash., Chatt. A St. Zr.—-Gross earnings of 1876-7,
442; operating expenses, $2,824,355; net $1,660,086.
Reorganized after the sale of the road under 3d $1,632,276; expenses, $926,231; net earnings, $706.-
t
.
SePti889891
Dec., 1901
June 1,1895
July, 1878
1, 1907
•’eb. 1, 1927
do
do
ran. 1, 1907
do
.do '
Y., Central Trust Co. April 1, 1902
do
do
July 1, 1902
an.
.
N.
Trust Co.
do
do
do
do
Jan., i.899
June, 1903
1904-1906
ipril 19,1911
May, 1890
Aug., 1888
Office.
do
do
do
do
St. Louis.
N.
al.& N.
M. & N.
M. & N.
J. A J.
M. A N.
March
J. A J.
F. & A.
M. & S.
M. & S.
J. A D.
1873
1877
122
—
do
do
1902
July 1,1885
May 1,1890
•
....
1
1,100,000
A T. Co.
1,1902-3
July, 1891
May 1, 1892
Feb., 1885
Oct. 1, 1893
Jan. 1,1899
April 15,1890
Jan., 1889
.....
3*9
4,991,000
July 1,1879
July, 1878
1 fay
L. A Co.
N.Y., Merch. Exe. N.Bk.
N. Y., S. 8. Sands A Co.
Philadelphia, P. A R.Co.
N.Y., Continental N.Bk.
mont’ly
8
8
7 g.
7
7
8 g8
7 g.
7
7
7
7
7
7
July 1,1886
M. AN. N. Y., Company’s Office.
A. & O.
New York.
J. A J.
Boston, Co.’s office.
A. & O.
do
do
J. A J. N.Y., Nat. City Bank.
7g<
5,000,000
3,000,000
284,000
573,000
•
Dividend.
N. Y., Winslow,
J. & J.
M. & N.
6 g8
6 g-
15,000,000
•
J
vhen due.
* Stocks—last
do
do
do
Boston.
F. & A. N. Y., Company’s
6 g7
8
7
7
6 g.
10
10
53,000
do
do
do
New York and
N. Y., Farm. L.
do
do
J. & J. N. Y., Union
J. AD.
ao
Various
do
A. A O.
do
M. & N.
do
7 g.
Tables.
Y., Farm. L. & T. Co.
6 g.
*8*
1,668,000
& 8.
A J.
& D.
AD.
& J.
A J.
& D.
& N.
A O.
& J.
J.
2*9g.
1,000
& N.
AN.
A J*
A N.
M.
A.
4
977,550
5,643,000
1,517,300
769,920
A J.
whom.
J.
J.
8
£225
100 Ac.
£100&c
1,000
& J. N.
& S.
Payable, and by
7 g.
7 g.
7 g.
8
8
7 g.
7 g.
6
800,000/
100
500 Ac.
J.
VI.
J.
M.
VI.
J.
VI.
VI.
J.
J.
J.
J.
2*9
750,000
3,969,600
455,000
1,100,000
280,000
1,000,000
1,100,000
21,405,000
2,433,000
349,000
14,752,000
6,025,500
800,000
7,000,000
2,600,000
800,000
700,000
4,500,000
250,000
5,000,000
1,947,000
300,000
1,000,000
2,794,800
1,000
1,000
*25
Nesquehoning Talley—Stock
.
100
100
1868
1871
1872
1864
1866
vari’us
1871
34
1871
137
1875
.
Nebraska—Consol, mort., guar
Mortgage bonds,
1,000
1,000
1,000
■
345
.
.".
500 Ac.
....
Bonds endorsed by Tenn
New 1st mort. (for $6,800,000) coup., reg’ble
_lst mortgage on branches
1st mort. guar. s. f
2d mortgage
Nashua d Lowell—Stock
Bonds for freight depot
.
1870
1,000
1871-3
1,000
1876 500 Ac.
1870
1,000
84
84
.
1,000
1,000
8
8
2,134,000
50 Ac.
f§68
^
Montgomery d Eufaula—1 mort., end. by Alabai
1,000
50
_,
Montclair d G. Lake.—1st mort, new
2d mort. (issued for old firsts)
1,000
1,000
....
1877
1877
1877
1877
1877
1873
1853
Special mortgage (Mississippi, Gainesvil
•
1866
236
57
126
127
140
27
93
Rate per When Where
Cent.
]Payable
Outstanding
84
84
(N. of Win.), conv. > may
whole line (300m.)
Mobile d Ohio—Stock
Convertible 8 per cent bonds
1st mortgage, sterling
Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage,
[Juke 29, 1878.
INTEREST OR DIVIDENDS.
Amount
100
Jackson, Lansing A Saginaw 1st rnort— ) coup,
do
BONDS*
great favor by giving Immediate notice of auy error discovered In these
a
DESCRIPTION.
2d
STOCKS AND
RAILROAD
mv
J.
M.
F.
J.
F.
A.
J.
A
&
A
&
&
&
&
J.
N.
A.
J.
A.
0.
D.
Y., Drexel, M. A Co. Feb! ’ 7,' 1878
Dec! 1*1883
New York.
New York and London. Nov. 1,1883
1876 and »83
Mobile.
1883
London.
1901
New York and London.
Mobile.
1877-1882
do
Jan. 1,1904
New York or London.
New York, Co.’s Office.
do
do
N. Y., G. Opdyke A Co. March 1,1886
June 1,1900
do
do
1890
N. Y.. Union Trust Co.
N. Y., Del., Lack A W.
July 2,1878
1914
do
do
1891
do
do
1900
do
do
1889
do
do
do
do
Oct., 1961
June 1,1915
do
do
A. A o. New York A Nashville.
N. Y., V. K. Stevenson.
....
J. & J.
J. A J. N. Y., V. K. Stevenson.
J. A J.
New York.
J. A D.
J. A J. N. Y., Drexel, M. A Co.
A. A O. Nashville, Co.’s Office.
M. A N.
Boston A Nashua.
F. & A
Boston.
J. & J.
Bridgeport, Conn.
Boston.
A. & O
M. A S Philadelphia, Co.’s office
M. & N N. Y., Union Trust Co.
Q.-J.
Various
.
.
.
.
I. & J
4. A O
A & 0
April 1,1.878
1881 and ’91
July 1,1913
Jan. 1, 1917
June, 1878
July 1,1900
Oct., 1887
May 1, 1878
Aug. 1, 1893
Jan. 1, 1878
Oct. 1, 1896
Mch. 1, 1878
Nov. 1, 1889
July, 1878
Newcastle, Penn.
1898 to 1900
N. Haven, E.S. Scranton
New Haven.
Oct, 1874
do
Jan., 1899
do
April ’80 A ’82
do
April 1, 1891
042. The following payments were made
tion to the operating expenses :
Interest on bonded debt for the year
in addi¬
$488,120
Interest on floating debt and exchange
Taxes in Tennessee
Taxes iu Alabama
Two dividends of 1% per cent, each
Difference In cost of steel over iron rails,
25 per cent on $123.871
Cost of extra ties used in laying 32 miles
steel rail, 600 to mile extra
Cost t f new bridges built in excess of ordi¬
nary repairs
:
...
16.P27
21,827
1,918
193,033
80,967
5,760
11,763
$723,012
Total....
Cumberland &
...
O. road is leased, with a guar¬
antee of bonds.
The debt to U. 8. and bonds en¬
dorsed by Tenn. are secured by deposit of 1st mort.
bonds.
(V. 23, p. 86, 18 I; V. 24, p. 321; V. 25, p.
357, 476, 482; V. 21, p.' 523.)
Nashville A Decatur. -Leased May 4,1871, to Lou¬
isville & Nashy. Co. for thirty years, lease guarantee¬
ing interest on bonds, and 6 per ct yearly on stock.
Nashua A Lowell.—Net recei, ta in 1877-8, $96,759.
Notes out are $225,000. (V.24,p.564; V.26.p 624.)
Naugatuck.— Net earnings 1876-7, $227,927.
23, p.622; V. 25, p.6160
Nebraska.—Formerly Midland Pacific.
(V.
The old
bonds were to be exchanged for these guar, by the
Bur. & Mo. in Neb., to which the Nebraska road is
leased. See V. 25, p. 335, 641.
Nesquehoning Valley—Leased to the Lehigh Coal
& Navigation Co. at a yearly rental of 10 per cent
dividend on the capital stock.
Newark Somerset A Straitsv.—Leased to Sandusky
Mansfield & Newark. Guaranteed by Balt. & Ohio.
New Castle A Beaverx Valley.—Leased to Pitts¬
burgh, Fort Wayne & Chicago, and lease transfsrred
to Penn. Company. !
‘
New Haven A Derby—Net earnings 187ft-7, $46,475..
New Haven city guarantees the $225,000 2d m. bonds.
New Haven A Northampton.—Gross earnings,
1876-7, $564,366; operating expenses, $333,122; net
earnings, $281,244.
(V. 26, p. 17.)
June 29,
BA.ILROAD
1878.]
Subscribers will confer
m
STOCKS
great favor by giving Immediate notice of any error
DESCRIPTION.
Miles
Date
For explanation of column headings, Ac., see notes
of
of
at the head of first page of tables.
Road. Bonds.
N. J. Midland—1st mort., g’ld, guar, by N. Y. A O
2d mortgage, currency
New Jersey & New York— 1st mort. (for $1,500,000)
N. J. Southern—1st mortgage
80
80
37
78
100
100
100
140
206
224
185
185
350
New London Northern—Stock
1st mortgage bonds.
2d mortgage
N. O. <& Mobile.—1st mortgage
New Orleans, St. L. <k Chic.—1st M. (N. O. J.A G. N.)
2d mortgage, (N. O. J. & G. N.)
1st mortgage,
(Mississippi Central)
2d
do
mortgage,
1870
1871
1873
•
^
1872
1871
1856
1854
1865
1869
1874
•
•
.
•
.
•
m
m
959
$
New bonds (debentures) convertible till 1883
N. Y. ft New England (Bost., Hartf. ft Erie)—Stock.
1st mortgages, old
1st mortgage, new
New York, New Haven, ft Hartford—Stock
Harlem & Portchester, 1st mortgage guaranteed.
N. Y. dk Oswego Midland—1st mortgage,
N. Y.j Prov. ft Boston—(Stonington
1st mortgage
Extension
General mortgage ($1,000,000 authorized).
North Carolina—Stock, common
Preferred stock
:
Mortgage bonds
Northeastern (S. C.)—Stock, common
Pref. stock (8 per cent) exchangeable for 2d mort.
1st mortgage, new....
m
m
•
•
•
•
•
•
•
•
459
459
i*39
1,000
500 Ac.
500 Ac
100
100
1,000
1,000
1,000
-1,000
500 Ac.
100 Ac.
1,000
£200
1,000
1,000
1,000
1864
1876
1,000
141
100
1873
1869
12^
334
62
62
®
®
.
100 Ac.
100
^
1863
’58-’60
*62
1869
1,000
1,000
1,000
223
223
223
102
102
102
102
100
100
500
’67-’68
M
^
^
.
50
.
•
.
1869
1869
56
56
4
Northern, N. H.—Stock
Northern of New Jersey—Stock
1st mortgage, new
Northern Pacific—New preferred stock
•
50
50
58
registered....
•
mmmm
1847
1849
1853
1857
1858
1861
1863
1865
1870
1874
1873
86
139
Consol.-mortgage, gold, s. fund, coup., $ or £
2d general mort., “A,” coupon
do
“ B,” coupon, convertible
2,391,000
•
1,000
1872
1861
1872
"60
Sterling bonds, convertible, £1,000,000
1st consolidated mortgage, gold (for $30,000,000)
2d consolidated mortgage, 5-20, (for $40,000,000)
Consolidated mortgage, gold, coupon
1,000
132
1*32
A
^
•
.
m
-
•
50
500
500
50
500 Ac.
500 Ao.
....
317
138
138
138
138
138
138
.
*
m
ho
•
mmmm,
^
1855
1865
1868
1868
’74-’75
1876
1876
138
138
821!
500 Ac.
500 Ac.
1,000
1,000
1,000
1,000
1,000
100
....
21
21
1878
550
*
*
*
1,500,000
1,000
1,000
£100&c
100
500 Ac.
500 Ac.
1,000
1,000
1876
!
1,794,000
18,465,000
9,733,333
1,500,000
1,730,000
7,500,000
1,550,000
10,500,000
107,704
1,500,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
3,000,000
4,457,714
12,076,000
14,400,000
10,000,000
5,685,000
928,000
376,000
15,500,000
2,000,000
8,000,000
3,000,000
76,000
250,000
837,000
3,000,000
1,000,000
210,000
899,350
88,000
820,000
234,000
3,978,150
1.930,500
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,126,000
2,599,000
205,000
4,518,000
3,000,000
1,000,000
3,068,400
1,000,000
?
...
100
*
Rate per
Cent.
1,500,000
916,000
2,120,000
1,500,000
300,000
387,500
4,000,000 8
2,941,000
898,500
1,997,000
6,250,000
4,000,000
89,428,300
6,632,900
74,500
592,000
162,000
•
1873
Long Dock Co. mortgage
do
•
1873
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds
do
•
840
mortgage, convertible (extended to 1879)
3d mortgage
do
•
840
2d
2d mortgage, new
North Pennsylvania—Stock
1st mortgage
2d mortgage
General mortgage bonds
Northern Central—Stock
1st mortgage, State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon
•
$3,000,000
1,000
1854
•
N. Y. City Elevated.
1st mortgage (for
,000) $ or £
New York ft Harleri
on stock
Preferred stock
Consol, mort., coup, or reg. (for $12,000,000)
:
Sinking fund
N. Y. Housatonie ft Northern—1st mortgage
N. Y. Lake Erie ft West. (Erie)—Stock, common
Preferred stock (7 p. c. y’rly, not cumulative)
1st mortgage (extended in 1867 to 1897)
•
•
$100Ac.
500 Ac
100 Ac.
1853
1854
1853
....
Outstanding
1,000
1,000
1,000
1860
•
Value.
100
100 Ac.
500 Ac.
^
«
Amount
1,000
1,000
1865
•
Size,
or
Par
discovered In tbese Tables*
Bonos—Princi¬
INTEREST OR DIVIDENDS.
100 Ac.
1869
N. Y., Boston d Montreal—1st mortgage, gold
N. Y. <t Canada—1st M.., sterling, guar. D.& H. Can.
112
New York Central ft Hudson Rivet'—Stock
1,000
Premium bonds
(N. Y. Central)
Bonds, B. &N. F. stockholders
do
Bonds railroad stock
do
Bonds real estate
do
Renewal bonds
^
BONDS.
AND
7 g.
7
7 g.
7
-
1*4
6
7
7 g.
8
7 8
.
7
.
AD.
do
do
A J. New York, Co.’s Office.
A J. New York, Co.’s Office.
A 0.
do
do
do
A N.
do
A A.
do
do
A A.
In default.
A N. London, Baring Bros.
Stocks—Last
Dividend.
*
1895
1881
March 1,1893
Nov. 1, 1889
April 1,1878
Sept., 1885
July. 1892
Jan. 1, 1915
July 1,1886
Oct. 1,1890
Nov.
’74, ’79 *84
Nov. 1, 1886
May 1,1889
Mayl, 1904
Q.-J. N.Y., Gr. Central Depot. July 15* 1878
6
M. A N.
do
do
May 1,1883,
6
M. A N.
do
do
May 1,1883
6
M. & N.
do
do
May 1,1883
6
M. A N.
do
do
May 1,1883
6
J. A D.
do
do
Dec. 15,1887
7
J. A D.
do
do
June, 1885
7
J. A J.
do
do
Jan. 1, 1903
London.
Jan. 1, 1903
6g. J. A J.
8*
-
Payable, and by
A A.
N. Y., Co.’s Office.
A A.
do
do
A 8. New York and London.
A N.
In default.
New London, Office.
Q.-J.
A. A O. N. Y., B’k of N. America
J.
J.
A.
M.
F.
F.
M.
7
8
7 g.
Wher^
F.
F.
M.
M.
J.
or
'
When
Payable
pal, when Due.
or
6 g. J. A J.
4
J.
J.
M.
J.
A.
4
7
7
Ig-
g.
g.
g.
g-
7
3
6
6
6
do
do
do
July 1, 1878
May. 1900
Jan. 1, 1881
Oct, 1902
J.
a"j.
M.
J.
M.
M.
M.
A N.
A J.
•j
do
J^n. 1, 1903
Boston.
do
1884
Jan., 1905
N.Y., Grand Cen. Depot. July 1, 1878
1903
In default.
July 1, 1894
Q.—J. N. Y., M. Morgan’s Sons. May 10,1878
F. A A.
do
do
Aug. 1, 1878
6
6
7
3
3
8
7
do
do
do
0.
M. A S.
J. A J.
J. A J.
2*a
8
8
2
6
New York.
Jan. 1, 1906
N.Y., Gr. Central Depot. July 1, 1878
Q.-J.
7
7
5
6 A 7
7 g.
4
J.
J.
N.
J.
N. Y., Co.’s office.
Oct. 1, 1873
J. A J.
do
do
Oct. 1, 1873
M. A N.
do
do
May 1, 1897
M. A S.
do
do
Sept 1, 1879
M. A S.
do
do
Mar. 1, 1883
A. A O.
do
do
Oct 1, 1880
J. A D.
do
do
June 1, 1888
J. A J.
do
do
July 1, 1891
J. A D.
do
do
Jan., 1893
M. A 8.
London.
Sept 1, 1875
M. A S. New York and London. Sept. 1, 1920
J. A D.
London.
Mar. 2, 1894
3%i
7
7
7
7
7
7
7
6
7
7
7
A
A
A
A
A
.
M.
M.
M.
F.
f J.
M.
J.
M.
6 g.
6 g.
6 g.
5
6
2-30
2
6
A S.
A S.
A N.
A
&
A
A
A
A
A
A
N.
S.
8.
A.
J.
N.
J.
N.
do
do
do
•
Mar. 15’ 1878
Mar. 15,1878
do
Nov., 1888
Charleston.
do
Philadelphia Office.
do
do
do
do
do
do
Baltimore A Philadel.
Annapolis.
A J. Baltimore, 1st Nat. Bk.
& O.
do
A J.
do
A 0.
do
A J.
London & Baltimore.
& J. Baltimore, 1st Nat. Bk.
A J.
do
do
A D.
Boston, Office.
J. A J. J.
41,910,976
1878 & 1881
July 1, 1899
do
Company Shops, N. C.
Q.-J.
T.
A.
J.
A.
J.
J.
J.
J.
do
do
do
.
May, 1875
Sept. 1, 1899
Sept 1, 1899
Feb. 25,1878
Jan.
1. 1885
May 1, 1896
1903
April 1, 1876
Irredeemable.
July, 1885
April, 1900
July, 1900 f
July, 1900
July 1, 1904
Jan. 1, 1926
Jan. 1, 1926
June 1, 1878
1876
City, Hudson Co. B’k.
(*>
u
New Jersey Midland.-Defaulted after the panic of
1873 and funded coupons. The bondholders funded
coupons, but default was again made, and receiver
appointed. (V. 25, p. 114,237,303; Y. 26, p. 142,290.)
New Jersey ft Neiv York.—Consolidation of the
Hackensack A N. Y. and Hackensack Extension.
The old bonds are about $300,000.
Hackensack
branch noticed for sale May 29, 1878. (Y. 24, p. 136,
158, 249, 299, 321; V. 25, p. 255.)
New
Jersey Soirth'n.—Foreclosure pending. There
also $i 20,000 bonds on Toms River Br., and
$1,900,000 2d mort., and $5,300,003 consol, mort. Net
were
Gross
Net
Funded
Costofr’d
Receipts. Receipts.
Debt.
A equip’t.
1876-7. $26,579,035 $11,632,924 $40,335,415 $99,142,408
1875 6. 28,046,588 11,922,417 40,401,263 97,822,811
1874-5.
1873-4
1872-3
£9,027,218 11,765,111 40,003,667 96,355,774
31,690,386 13,262,069 33,484,742 92,506,508
29,126,851 11,484.863 27,725.533 78,014,954
(V. 22, p. 41, 591; V. 23, p. 329, 598; V. 24, p. 542;
V. 25, p. 640; V, 26, p. 815, 575.)
N. Y. City Elevated.—Securities admitted to N.
Y. Stock Board Jan., 1877. Bonds are payable after
1897 at 105. (V. 24, p. 41.)
.
.
New York A Harlem.—Leased, to N. Y. Central
at 8 percent per annum (payable J. A J.) on stock,
earnings, 1875, $109,276. (Y. 25, p.511, 592.)
New London Northern.—'Operated under lease till and interest on bonds. The Fourth avenue horse
1891 by Vermont Central for $150,000 a year; in¬
come of Co., in 1876-7, $212,334.
Net earnings of
railroad and real estate was retained, and an extra
dividend made in April is from profits of this line.
N. O. St. L. A Chic.—Operated as a
with Illinois Cent. Receiver
ganized
Neio York, Housatonie A Northern.—Foreclosure
road, $187,312. (V. 23, p. 500.)
New Orleans, Mobile A Texas.—The Western Di¬ pendinar. (V. 21j_p. 849; V. 23, p. 549.)
N. Y. Lake Erie A West. (Erie).—Foreclosure
stant was sold Nov. 18,1874, and the East. Div. is
of the Erie Railway took place April 21, 1878,
operated by the mort. trustees. Int. in default since nnder the second consolidated
mortgage, and
1872. Gross earnings, 1877, $'130,010; net, $390,6^5;
the road was purchased by E. D. Morgan, J.
and less extraordinary expenses. $158,480. (V. 23.
Lowber Welsh and David A. Wells for $6,u00,000,
p. 379; Y. 24, p. 370; V. 26, p. 341, 392, 575.)
on behalf of the London committee, and re-or¬
connecting line
appointed Mar., ’76, and
Jackson road was sold Mar. 17.1877, for $1,050,000, in
foreclosure of consol, mort. by Ill. Cent. RR. Miss.
Central was
sold under
consolidated mort¬
gage August 23, 1877. (V. 25, p. 212,308,432,458,53).)
N. Y., Bos. A Montreal.—Proposed consolidation
of several roads from N. Y. to Rutland,
Foreclosure
as
“New York Lake Erie & Western.*’
The following
comparison is for the years ending
Sept. 30. The net result in 1876-7 was a nomipm
deficit of $1,301,084, after charging off full interest
on the debt, and rentals, Ac.; a similar deficit of
$1,229,630 in 1875 6, and $1,653,166in 1874-5:
Gross
1876-7...
1875-8
1874-5
Earnings.
$14,708,$89
Net
Income.
Interest,
Rentals, Ac.
$4,638,717
$5,937,801
4,308,563
5,538,194
4,698,615
6,351,781
16,878,858
New York A Canada.—The bonds are guaranteed
by the Delaware & Hudson Canal Co. Road opened (V. 25, p. 113, 162, 237, 261,276, 308, 431, 457, 511,
530, 532,618,641; V. 26, p. 95,117. 192,265,290,
through Oct., 1875. (V. 24, p. 180; V. 25, p. 615.)
315, 342, 867. 391, 419, 444, 469, 4 )5, £75, 600, 625.)
\ ' New York Central A Hudson River.—The mort¬
N. Y. AfN. England.—Formerly Bost. Hartf. A E.
gage loan for $40,'»U0,000 was to nt re prior debt, Conveyed to the new company in July. 1875. Net
and the balance for third and fourth
track, Ac. Income, 1876-7, $239,852. (V. 25, p. 590; V. 26, p.
The Harlem RR. was leased April. 1873. The follow67, 445.)
log" a comparison of earnings, Ac., for five years:
New York, New Haven A Hartford.—Net income
pending. (V. 22,p.447,471,545,568,613; V. 23, p. 160;
Y. 25, p. 592.)
.
15,852,461
1S76-" above interest charges, $1,601,683. ( V. 24. p,
63; V. 25, p. 640; V. 26, p. 290.)
^
New. York A Oswego Midland.—Foreclosure sale
postponed indefinitely. Receivers’ certificates have
been issued to a large amount.
There are
also $4,000,000 2d mortgage bond*, $3,800,000 8d
?
mortgage equipment, and $1,200,000 consolidated
mortgage. (V. 24, p. 421,542; V. 25, p. 615; Y. 26,
p. 29 J.)
New York, Providence A Boston.—Annual
reporl
for fiscal year ending Sept. 1,1877, showed net earn
Ings $3c8,997, leaving a balance of $83,651 carried
to new account, against $113,536 brought forward
in 1876.
(V. S3, p. 621; V. 25, p. 591.)
North Carolina.—Leased September, 1871, to Rich¬
mond A Danville Railroad at $260,000
per annnm.
In March, 1875, the gauge was changed. Dividend!
of 6 p. c. are paid on stock, of which the State of No,
Car. holds $3,000,009. (Y. 21, p. 393; V 24,p. 565.;
Northeastern, 8. C.—Gross earnings in 1876-7,
$320,071; net, $128,032. (Reports V. 24, p. 88, and
Y. 25, p.617.)
North Pennsylvania.—Gross receipts in year 1876-7
$1,482,7c5; net, $562,046. (V. 22, p. 134; V. *4
Northern Central.—The annual report
for 187’
$4,670,337; expenses. $2,745,9*4:
The total net income in 1877 waf
$1,575,047; $1,513,342 was paid for interest and
rentals, leaving a balance of $61,705. Under th<
general mortgage of 187fi, $1,000,000 more may b<
issued, as senes “ C.” (V. 22, p. 257; V. 24, p. 223
421. 469; V. 26, p. 314.)
Northern N. Hampshire.—Net income flscalveai
1877-8 was $117,139. (V- 24, p. 541: V. 26,
p. 5 4 «.
shows gross earn’gs,
net, $1,324,462.
Northern of N. Jersey.—Operated by Erie nndei
lease. Gross earnings in 1877 were $238,488.' (V
26. p 600.)
horthem Pacific.—Sold Aug. 12,1875, for $100,000
and pref. stock issued to bondholders at the rat<
of $1,400 for each $1,000 bond.
This stock Is ex
changeable for land at its par value. Common stocl
issued is $13 .?55;500. (V. 25, p. 307, 476, 619;
V. *6
p. 18, 445, 549.)
Subscribers will confer a
INTEREST OR DIVIDENDS.
explanation of column headings, &c., see notes
at the head of first page of tables.
Miles
of
Preferred stock.
66
122
122
Champlain—Stock
Equipment bonds
Sinking fund bonds
Mortgage bonds for $600,000 (sinking fund)...
Chio dkMississippi—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.AHL SE.) IstM. (for $3,000,000).
....
148
1862
393
393
393
1868
228
269
....
Danville.—1st mortgage,
J.;
186
T86
47
47
103
75
67
1669
355
A. & O.
of $460,000)
f. 1 p. e.)
Gen. M., Ph. to Pitts., coup., J. &
reg.,
State lien (pay’blein annual inst’lm’ts
Consol. M., coup. J. A D., & reg. Q.—M. <s.
Navy Yard bonds, reg
Car Trust bonds (sinking
1st mortgage, guaranteed
Peoria dk Biireau Valley—&tock
(payable $25,000
Philadelphia dk BaU.
2d mortgage (Pa.)
1st mortgage (Md.)
Central—1st mort. (Pa)
Philadelphia dk Erie—Stock, common
IProfcrrc (| stock
••
1st mort., SunburyA E. (extended 20 years in ’77).
($3,000,000 are sterling)
2d mort., gold (for $20,000,000), guar by
Philadelphia dk Reading—Stock, common
Preferred stock
Mortgage loans inconvertible
Pa. R...
•.
Loan mortgage,
do
do
do
do
Loan mortgage,
Loan debeuture
Loan mortgage
convertible.
sterling
do
sterling. (Extended in
*
1877.)...
1876
1877
1877
1,000
1,000
1,000
M
100
£200
1,000
500
1,000
50
1,000
1,000
....
....
1873
•
1,000
....
50
50
....
1.877
....
•
yearly)
.
58A64
.
.
1875
1877
mort., guar
Peoria, Pekin dk Jackson ville— 1st mortgage
2d mortgage
Perkiomen—1st mortgage
Consol, mort., gold, guar. P. A R., (sink, fund) —
.
1,000
1,000
1870
....
Pennsylvania dk Delaware— 1st mortgage
2d mortgage
....
.
....
fund 10 per cent)
Pennsylvania dk New York—1st
....
1,000
....
....
stock
*
Preferred stock
«...
1st mortgage, s. f., (held by Pennsylvania RR.)...
Reg. bds (for $3,200,000) sec. by P.F.W.AC.sp.st’k
1,000
1867
1873
1872
1871
....
Pennsylvania Co.—Common
154,000
392,000
446,000
50
500 Ac.
.
....
gold, sinking fund
1,000
1,000
100
500 &c.
....
35
35
(Ills.)—1st mort., g’d, sink, f’d
Pekin, Lincoln dk Decatur— 1st mortgage
Pennsylvania—Stock
3,077,000
2,000,000
1,000
1,000
1,000
1870
1865
1866
28*2
Paris dk Decatur,
1st mortgage
40
9
200
....
sterling, (£1,000,000)
100
100
£200
1860
1874
1875
1876
1877
1871
....
General mortgage,
400,000
1,000
1,000
....
*
Panama—Stock
$2,604,400
....
1868
1871
1873
1874
....
$640,000)
$100
•
•
Outstanding
100
100
.....
Oregon dk California—1st mortgage
Otiiego dk Rome—1st mortgage guaranteed
Income mortgage bonds
Oswego dk Syracuse—Stock, 9 per cent guar
Mortgage bonds
Consol, mortgage (guar. D. L. A W.)
Paducah <£ Elizabethtown— 1st mortgage
2d mortgage, income
mortgage
2d mortgage
•
Amount
1,000
....
....
,
Value.
1869
1870
1877
■
....
Northw.—Land gr gold bds (for
Orange dk Newark—1st mortgage
1st
•
...
-
1st mort. bonds
2d mortgage
Par
1871
Bonds
Bonds
Bonds
Bonds
Bonds
Bonds
Omaha dk
Petersburg—Stock
Size, or
of
1877
118
393
393
Cid Colony—Stock
Paris dk
Date
Road. Bonds.
Norwich dk Worcester—Stock
New bonds, coupon.
Ogdensbnrg dk Lane
1877
1873
1873
1866
1866
39
39
105
105
46
83
....
1864
1870
1867
1873
83
38
38
82
82
82
36
36
10
287
.
_
M
.
1,000
1,000
100
500 &c.
1,000
....
1857
1861
1868
1869
40
287
287
287
....
.
779
779
779
779
779
779
.
.
.
4;o3o;ooo
174,000
6,545,850
112,000
3,864,000
140,000
1,915,000
6,733,800
390,000
150,000
1,692,000
500,000
1,100,000
1,450,000
(?)
546,000
10,950,000
350,000
200,000
1.320,400
124,000
338,000
216,000
1,200,000
7,000,000
3,905,000
2,500,000
1,200,000
1,076,000
68,870,200
4,970,000
19,999,760
4,572.110
29,250,000
1,000,000
3,000,000
3’000j000
8,000,000
7,000,000
1,500,000
i;os3;ooo
519,000
1,500,000
1,500,000
1,200,000
1,000,000
1,000,000
621,000
100
....
Payable
1,200,000
1,324,200
500,000
300,000
■
....
Cent.
100
,
1859
1869
1866
When
1,000
.
.
.
1,000
1,000
io*b
Ac.
800.000
100 &c.
100 &c.
50
50
400,000
300,000
6,053,700
2,400,000
976,000
5,000,000
3,000,000
8,680,000
32,726.375
1,551,800
1,000
1,000
1,000
1,000
50
50
1843-9
1,000
1857
1836
1843
1867
1868
1868
1,000
£100
£500
1,000
100 &c.
1,000
1,510,500
79,000
182,400
967,200
134,400
1,135,300
2,700,000
J.
M.
J.
A.
J.
M.
J.
5
6
2
4
8
8
6
..
.
„
pal, When Due.
Slocks—Last
Payable, and by
Dividend.
Whom.
Co.
Co.
& J. New England Trust
A S. Boston, N. E. Trust
& J.
Boston, Office.
do
& O.
da
& J.
do
& 8.
do
& J.
July 8, 1878
1897
March 1,
July 10,1876
Apr. 1, 1878
Jan., 1879
Mar., 1890
1897
v
New York, Office.
& S.
do
do
& O.
7
do
do
& J.
7
London.
& J.
6 g.
New York, Office.
A. & O.
7
do
do
M. & N.
7
l8t coup, due Nov., ’77
6
J. & J.
Boston, Office.
3
do
Various
7
do
A. & O.
6
do
M. & S.
7
do
& D.
6
- J.
d&
M. & 8.
6
do
F. & A.
6
7.30 g. J. & J. N. Y., Kountze Bros.
Newark, Office.
M. A N.
6
Frankfort O. M.
7 g. A. A O.
M. & N. N.Y.,Farmers’ L. AT.Co.
7
do
do
F. A A.
7
F. A A. N. Y., Del., L. A W. RR.
4ia
do
do
7
^ M. A N.
do
do
M. & S.
7
New York.
8
F.. & A.
do
7
April.
New York, Office.
3
Q.—J.
London.
7 g. A. & 0.
New York, Office.
J. A J.
7
7 g. J. A J. New York and London.
F. A A. N. Y., T. W. A W. RR.
7
3«a
M.
A.
J.
J.
1*2
Philadelphia, Office.
Q.-F.
J.
3
6
6
7
7
7
7
4
7
7
6
6 g.
3
8
8
7
7
6
A. A O.
F. A A.
do
do
A J.
6
6
5
6
6
6 g-
•
1875
Mar. 1,
April. 1, 1882
Jan. 1, 1898
Jan. 1, 1898
April, 1911
.
May 1, 1883
Nov. 1, 1905
July 1, 1878
1881
Oct. 1,1880
March, 1894
Jnnfl 1, 1 ftQS
Sept. 1, 1896
Aug. 1, 1897
Jan., 1901
•
•
•
r
•
•
April 1, 1890
May, 1915
Feb., 1891
Feb., 1878
*
1880 A 1885
1907
Feb. 1,1897
Feb. 1,1897
Mav 1, 1878
Oct.10,1884-97
Jan. 1, 1903
July 1, 1892
Feb., 1900
May 29, 1877
Jan., 1880
Philadelphia A London.
Philadelphia.
A. A O.
Q.—31. Philadelphia A London.
J. A J.
Philadelphia, Office.
Q.—J.
Pittsburgh, Co.’s Office.
Philadelphia.
1910
Annually.
June
15,1905
1881
Oct., 1873
July 1,1903
A.
Philadelphia, Office.
do
do
July 1,1903
0.
D. Phila., B’k N. America. June 1, 1896
June, 1906
do
do
D.
Feb., 1878
A. N.Y.,Chic.,R. I. A Pac.
J. N. Y., Imp. A Trad. B’k. July 1, 1894
Oct. 1, 1900
do
do
0.
Apr. 1, 1897
O.
Phila., 2278. 4th st.
June 1, 1913
do
do
D.
Jan., 1872
J.
A J. N.Y., Lancaster, B. ACo. Jan., 1879-,98
1902
do
do
Jan., 1879
J. A J.
Philadelphia, Office.
do
do
Jan., 1900
J. A J.
Oct., 1891
do
do
J. A J.
F.
A.
J.
J.
F.
J.
A.
A.
J.
J.
I.
A
A
A
A
A
A
A
A
A
A
....
....
4
7
6 & 6 g.
7
6 g.
J. Philadelphia, Pa. RR.
Oct. 1, 1897
do
do
O.
O. Phila., Pa. Life A T. Co. March 31,1881
do
July 1, 1888
do
J.
July, 1920
J. Philadelphia A London.
•
Philadelphia, Office.
Q.-J.
Q.-J.
2*2
3ia
66
5 g.
6
7
6
7
A
A
A
A
A
J.
A.
A.
J.
J.
J.
J.
J.
J.
T.
J.
A.
Paris db DanviUe.—Of these bonds, $453,000 were
Worcester—Leased February, 1869. to given
for coil mines at Danville, which are covered
Hartford
A
years
at
Boston,
Erie for ICO
lo per cent (1,230 acres)
by the mortgage. To be sold July 10,
per annum on cost. Dividends paid of 10 percent 1878. (V. 26, p. 592.)
per annum. Gross receipts in 1876-7, $717,012; net,
Paris db Decatur.—Consolidation. Now Illinois
$264,795. (Y. 21, p. 590; V. 23, p. i48.)
Midland. (V. 19, p. 351; V. 21, p. 613.)
Ogdensburg dk Like Champlain.—Leased in March,
1870, to Vermont Central, but lease failed and prop¬
Pekin, Lincoln db Decatur.—Leased to Toledo,
erty reverted to owners Apri1,1^77. (V. 23, p. 279, Wabash & Western. Sold in foreclosure June 10,
896, 600; Y. 24, p. 299, 322; V. 25, p. 39, 237. 433.)
1876. and reorganized. In 1876-7 net earnings were
Ohio db Mississippi.—There are also $97,000 of old $54,;4J. (V. 22, p. 247; V. 23, p. 103; V. 26, p. 290.)
1st mortgage 7s, W. Div., yet out. The company
Pennsylvania.—The report for 1877 is given in V. 26,
purchased the Springfield Road, March, 1875, for p. 238, and shows surplus nt-t income of $1,030,$2,000,000 in bonds secured on that road. Nov. 17, 3 8 after paying all possible charges and 3*4 per
1876, receivers were appointed, and afterwards Mr. cent divideods. In 1874, by the report of the
King was made sole receiver. Receiver’s last re¬ Investigating Committee, the liability as a guarantor
port in V. 2t», p. 214. Interest or 1st mortgage of priucipal and interest was on $33,983,600 bonds;
is paid about six months after it comes due. (V. annual liability additional, on guarantees of interest
25, p. 17. 64, 154, 187, 237. 308, C35, 358, 381, W7, 569; or rentals, $13,862,319, and probably there has been
V. 26, p. 135, 192, 214, £65, 3t8, 392, 496, 5 3, i25.)
no great change since.
A scheme to bny no the
Old Colony.—Net income over operating ex¬ company’s guaranteed securities with $10J OjO per
penses and interest, $40r,4S5 in 1876-7, aramst month from earnings, and issue a 4per cent scrip to
$406,835in 1875-6. (V.23,p. 86, 5t#U;V.25, p. 48*.) stockholders for th ; cash so used, was adopted by
stockholders on March 26, 1878. The following is a
Omaha db Northwest.—Some bonds and coupons statement for two years on all lines east of Pitts¬
exchanged for lands. Road in foreclosure. (V. 22, burgh:
Gross
Net
p. 79; V. 23, p. 175.)
Earnings.
' Earnings.
Oregon db California—After default in 1878, propo¬
$31,117,146
$10,184,417
sition offered by Ben. Hollnday, Presr. Gross earn¬ 1877
35,t91,060
12,834,385
ings 1876, $576,791; net, $2.0,090. In 1876 2 per 1876
cent was paid on bonds. (Y. 24, p. 421; V. 26, p. 3 <o.) (Y. 24, p. 222, £48, 347. 397, 421, 495, 542; V. 25,
Oswego dk Rome—Operated by the Rome, Water- p. 138, 385, 349.374.382,433. 53 i; V. 26, p. 18, 95, 166,
town A Ogdensbnrg at 8 per cent on $301,000 stock, 217, 233, 265, 277, 315, 423, 519.)
and interest on first mortgage bonds.
Pennsylvania Company.—The Pennsylvania Com¬
Oswego db Syracuse.—Leased, to Del. Lack. & West, pany is a corporation distinct from the Penn. Rail¬
for interest on bonds and 9 per cent on stock.
road, and operates all the leased lines west of Pitts¬
Paducah db Elizabethtown.—This road organ1 zed burg. The stock is owned by the Penn. Railroad.
after tale of Louisville Paducah & ~. W : has bonds In 1877 the net income over rentals, interest, Ac.,
a utetanding as above.
Net earnings 187$58,u61. was $ <85,0)5, and advances to railroads charged off
$354,* 25. The reg stered bands are secured by de¬
(V.25,p. 673.)
Panama.—Last statement, V. 2«, p. 341. (V. 24, posit of $■!,(03,(1 Oof Pitts., Fort Wuyne & Chicago
special stock. (V.2% P-241.)
32$ 542; V. 26, p. 217, 341,6 5.)
.
Where
Rate per
20,000,000
Norwich db
„
discovered In these Tables.
Bonds—Princi
Immediate notice of any error
great favor by giving
DESCRIPTION.
For
[June 29, 1878.
STOCKS AND BOND-.
JRAILBOAD
x*vi
do
do
do
do
do
do
London.
A J,
A J.
A J.
A J.
A J.
A J.
A O.
do
do
Philadelphia, Office.
do
do
•
•
•
25,1876
July 25,1876
July, 1880
July, 1886
July, 1880
July, 1880
July 1, 1882
July 1, 1893
Oot. 1, 1893
Jan.
-
Pennsylvania db Delaware.—The lease of this road
Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
to the
4
Pennsylvania db New
York.—Operated in close
the Lehigh Valley. Net earnings
Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock is
connection with
1875-6, $608,109.
$1,061,700. (V.24,
p.
Peoria db Bureau
IlO.)
Valley.—Leased perpetually to
Chicago, Rock Island
A Pacific at $125,000 per year.
Peoria Pekin db Jacksonville.—In year ending June
30, 1877, there was a deficit in earnings of $2,518Receiver appointed April, 1878.
Perkiomen.—Leased to Philadelphia A
Int. on consol, mortg., paid
& R. Company.
■
Reading.
one-half in scrip of P.
(V*
Petersburg—Receiver appointed, May, 1877.
22, p. 135; V. 24, p. 445; V. 26, p. 41, 523.)
Philadelphia dk Baltimore Central.—Operated for
some time past in Pennsylvania by.trustees of first
Phil., Wfl. A Balt largely
mortgage bondholders.
interested. (Y. 23, p. 526.)
Philadelphia dk Erie.—Leased February,
ne’.
earnings,
interest, Ac.,
1862, for
without any guar¬
1877, $3,172,992;
$1,133,865. Net deficit after paying
$264,185. (V. 22, p. 206; V.24, p.
999 years to Penn. Railroad, bat
antee of bonds. Gross earnings,
136,248; V. 26, p, 166, 241.)
Philadelphia db Reading—The report for 1876-7, la
given at length in V. 26, p. 65. President Gowen
reviews the year 1877i and gives the facts bearing
upon the Company’s financial condition and pros■I
_
.
and
cent
by which holders of general mortgage bonds
Perkiomen guaranteed bonds receive one-half their
coupons, for three years, in live-year 6 per
scrip; and holders of convertible and debenture
bonds take 6 per cent
coupons for five years.
scrip in payment
The scrip is
of mar
convertible
SS5*'
June 29,
RAILROAD STOCKS AND BOND:
1S78.]
Subscribers will confer
a
great favor by giving Immediate notice of any error discovered lu these Tables.
DESCRIPTION.
For
explanation of column
Miles Date
of
of
Road. Bonds
heading's, Ac., see notes
at the head of first page
xxvn
of tables.
Size,
«
or
Par
Value.
INTEREST OR DIVIDENDS.
Amount
Outstanding
Rate per
Cent.
When
Payable
Where Payable, and by
Whom.
Bonds—Prtnci»al, When Due.
Stocks—last
Dividend.
Philadelphia dk Reading—( Continued >—
Consolidated morfc., dollar loan, coupon or reg—
779
779
779
do
do
gold, $ or £, coup
do
do
dollar loan, gold,coup, or reg
Debenture loan (convertible 1876-92), coup
Improvem’t mort;, $ or £, sink’g fund, coup..
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)....
Income mortgage (for $10,000,000)
Debenture and guar, bonds, 6 percent cur’ey scrip
Gen. mort. and Perkiomen 6 per cent ster’g scrip
Coal A Iron Co., guar. mort. (for $30,000,000). ..
do
debentures, guaranteed...
Philadelvhia dk Trenton—Stock
750
....
.
.
.
'
^
....
26
34
95
....
.
(series A)
Bonds
all
cou¬
pon, but may
be made paya¬
ble to order.
H
I
K
L
M
Equipment bonds (renewed)
1,000
*
1st mortgage, gold
£200
1,000
1,000
1,000
1,000
100
100
500 Ac.
500 Ac.
500 &c.
500 Ac.
500 Ac.
500 Ac.
500 &c.
500 Ac.
500 Ac.
500 &c.
500 &c.
500 &c.
500 Ac.
1857
1874
1,000
1862
1,000
1,000
1,000
1870
1876
1876
500 Ac.
100 Ac.
100 Ac.
1865
120
30
90
PoHl. dk Rochester—1st mort., s. r. (Portl. loan) “A”
1st mortgage, equal lien
2d
do
(Portland loan) sinking fund, “B”
Portland. Saco dk Portsmouth—Stock
1,000
100 &c.
1862
1862
1862
1862
1862
1863
1862
1862
New
mortgage (Pitts. T. & B.)
Funding ineome bonds (P. T. & B.)
Pittsb., Va. dk Charleston—1st mortgage, gold
Portland dk Ogdensb — 1st mort., E. D., gold
New mortgage (for $3,300,000)
1st mortgage, Vermont Div., gold
1,000
1,000
1,000
1871
1862
1862
1862
1862
1862
50
38
25
...
100
50
50
500
....
•
Pittsb. Titusville dk Buff.—1st mort. (W. & F.RR.)...
1st mortgage (Oil Creek RR.)
1
1st mortgage (Un. & Titusville RR.)
1,000
1870
1871
80
100 Ac.
1871
521a 1867-9 500 Ac.
52is 1870 500 Ac.
500 Ac.
52is 1871
52
100
52
1876
111% 1869
1,000
71
100
71
500 Ac.
1872
67
100
44
1870
1,000
1877
97
1873
39
100 Ac.
1862
39
1864
1,000
41
181
ioo
79
1871
1,000
199
100
.
Royal (S. C.)—1st mortgage, convertible, gold
Portsmouth, Ot. Falls dk Conway—Stock
Bonds (not mort.) guaranteed by Eastern RR—
Providence dk Worcester—Stock
First mortgage bonds..-.
Newbonds
---•
Raleigh dk Gastonr—1st mortgage
Reading dk Golumbiar-l$t mortgage, coupon
; * 2d mortgage, coupon
Reading dk Lehigh—1st mortgage (Berks Co. RR.)..
Rensselaer dk Saratoga—Stock
1st mortgage, consolidated
Richmond dk Danville—Stock
State sinking fund loan
10 Ac.
90 Ac.
1858
1867
1872-4
1875
1868
1859
1876
1868
1873
1864
1864
....
Port
1,000
1,000
1,000
1,000
1,000
....
468
468
468
468
468
468
468
468
468
468
468
468
468
468
r
G
.
149
10
149
200
200
117
33
468
Pittsburg, FL Wayne dk Chicago—Stock, guar
Special improvement stock, guaranteed
B
C
D
E
F
$1,000 $10,649,000
1,000
6,999,000
113
do
do
do
do
Piltsb. dk Connellsville.—1st mortgage....
1st
do
Turtle Creek division.
Consol, mort., guar. B. A O. (s.f. £7,200 pr. yr.)
PUts., O. dk St. L.—1st jga., cons, (for $10,000,000)...
2d mortgage
1st mortgage, Steubenville A Ind., reorganized.
Col. A Newark Division bonds
.
.
....
1st mortgage, convertible
Plain bonds, loan
do
do
do
do
do
do
do
do
do
do
do
•
745
Philadelphia, -Germantown dk Norristown—Stock..
Philadelphia, Wilmington dk Baltimore—Stock
1st mortgage
1st
do
do
1st
do
l8t
1st
do
do
1st
do
2d
.do
2d
do
2d
do
2d
do
2d
do
2d
3d
do
•
.
1871
1871
1871
1873
1873
1874
1876
1877
1877
1872-4
1872
■*
(for $2,000,000).
3d mortgage, consolidated, coupon or registe
New general mort., gold (for $6,000,000)
Piedmont branch, 1st mortgage
Northwestern, N. C., 1st mort., guar
142
49
29
1867
1874
i,obo
—
1873
Rich’d, Fredericksburg dk Potomac—Bonds, ster
■
Dollar loan
Coupon bonds of 1881
into income mortgage bonds.
A comparison of statistics for
....
(See V. 24, p. 299)
three years is as
follows:
1374-5.
Gross earnings..
Op. expenses
.
1875-6.
1876-7.
$12,660,927 $12,227,511 $12,149,910
8,130,159 8,510,350 7,751,693
earnings.
$Z530,76« $3,717,161 $4,391,217
<V. 25, p. 599, 641; V. 26, p. 65, 84, 166, 217, 316,
393, 445, 496, 575.)
Net
....
Philadelphia dk Trenton.—Leased to Pennsylvania
Railroad with United New Jersey companies at 10
per cent on stock.
•
-
Philadelphia, Germantown dk Norristown.—Leased
Philadelphia & Reading at 12 per
for 999 years to
cent, on stock.
Philadelphia, Wilmington dk Baltimore.—Net eam.ings, year ending Oct. 81, 1877, $1,163,423, leaving a
surplus income of $98,921 above payment of all
.
968,000
10,499,900
9,364,000
19,686,000
1,803,000
2,820,000
1,708,000
13,036,500
1,731,000
1,259,100
2,231,900
11,561,250
265,000
1,000,000
700,000
800,000
4,000,000
326,600
6,500,000
6,222,000
2,500,000
3,000,000
775,000
19,714,285
5,669,327
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
1,500,000
580,000
500,000
1,155,000
315,933
1,583,000
2^s
3
4
6
6
6
6
rr
4
6
6 g.
7
7
6
7
1%
1%
7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
7
7
7
7
7
7
6
6
6
6
7
6
3
6
7
3
6
2
6
6
7
7
7
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
650,000
350,000
1,500,000
1,925,000
4,000,000
....
124,200
1,767,500
1,472,000
500,000
500,000
67,778
299,917
450,000
g.
g.
g.
g.
'
g.
g.
J. A D.
Philadelphia, Office.
J. A D. Philadelphia A London.
J. A D.
Philadelphia, Office.
J. A J.
do
do
A. A O. Philadelphia or London
J. A J. London & Philadelphia.
J. A D.
Philadelphia, Office.
J. A J.
do
do
J. A J. London A Philadelphia.
Various
do
do
M. A S.
Philadelphia, Office.
Q.-J.
Q.-M.
J.
J.
A.
A.
A.
J.
F.
J.
F.
A.
A
A
A
A
A
A
A
A
A
A
J.
J.
O.
O.
O.
Philadelphia, Office.
Phila., Treasurer of Co.
Philadelphia A Boston.
Balt., Balt. A Ohio RR.
....
M. A S.
J. A D.
....
A J. N. Y., Nat. B’k Com’ree.
M. A N. N.Y., Del.A H.Canal Co.
4
7
J.
6
6
6
J A J.
J. A J.
M. A N.
....
Richmond, Office.
do
N. Y., City Nat. Bank.
do
do
majority of the
■
►
/
-
r-
'
4
?•
1
"
Pittsburg, Fori WaytQ dk Chicago.—This road
ym.
May, 1884
Jan., 1890
July 2, 1878
July 1, 1878
July 1, 1912
July
July
July
July
July
July
July
July
July
July
July
July
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
Jan. 1,
Mch. 1,
Feb. 1,
Apr. 1,
July 1,
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1887
1884
1896
1882
1890
Feb. 1, 1896
Feb. 1, 1896
April 1, 1902
Jan., 1900
Nov., 1901
May, 1891
July 1, 1887
Oct.
1, 1887
Sept. 1, 1891
Jan. 14,1878
Nov.
i, *1889
July 15, 1873
Dec. 1,
1892
July 1, 1878
July 1, 1880
1897
Nov., 1902
July 1, 1878
Nov., 1921
1880
Jan. 1,1875.
1878 to ’90
1875
1875
1881-’90
leased
tl 1,500,000. The lease
transferred subsequently
.
94.)
Pittsburgh Titusville dk Buffalo.—This
Creek & Allegheny River road.
was
the Oil
Sold in foreclosure
(V 21. p. 40, 302; V.
22, p. 16,135, 279, 399; V. 25, p. 39.)
and re-organized Dec. 29, 1875.
Reading dk Columbia.—TYns road is operated and
controlled
by the Philadelphia & Reading Railroad.
Floating debt, $1,093,494.
Pittsburg Virginia dk Charleston.—Ot these bonds
Reading dk Lehigh.—This was t^e Berks County
Pennsylvania Railroad owns $500,000. Net earn¬ road; sold out, and leased to Philadelphia &
ings, 1877, $34,640.
/
*
Reading, March, 1875, for 99 years. Foreclosure
Portland dk Ogdensburg.—'The two dM«ions were
consolidated March, 1875, as one company.
In
a
Aug. 1, 1900
April 1, 1913
vania
Pittsburg dk Connellsville.—On Jan. 1, 1876, a trans¬
fer was made by City of Baltimore to Baltimore &
Ohio Railroad for $1,000,000, and the consolidated
mortgage made for £2,200,000, and guaranteed by
B. & O.
Gross earnings 1876-7, $1,388,434; net
$406,418. (V. 24, p. 135.)
Pennsylvania Co.,.which holds
July, 1898
Aug. 1, 1882
Jan. 1,1926
July, 1869, for 999 years, to Pennsyl¬ cent for two years. (V. 21, p. 372, 431, 592; V. 22,
Railroad, at a rental equivalent to interest, 563; V. 24, p. 445,5»2.)
■ w
sinking fund of debt, and 7 per cent on $19,714,286
Port Royal.—The Georg a R iilroad guarantees
stock, which was increased at that time from
$500,000 of these bonds; -ale :n foreclosure waa.
a the Pennsylvania Company.
was
The lessees to keep made June 6, 1878, to Uuion l rust Co. f r $500,000.
the road in repair, and also pay taxes, expenses, (V. 25, p. 9U; V. 26, p. 93, 496.)
etc. Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
Portsmouth, Great Falls & Conway.—Opened in.
which in turn are leased again by Pennsylvania Com¬ 1872, and is leased by Eastern Railroad, Maeaacku.pany. New stock of $5,6*r9,327, issued to Penn. setts. (V. 25, p. 533.)
Railroad for improvements, Ac., is under article 16
of lease. Net earnings, 1877, $2,956,146; profit to
Providence dk Worcester.—Net earnings year end¬
lessee, $154,022. Sinking fund fo: oonds amounts to ing September 30, 18*57, $239,695; no.es- payable,
$2,157,755. (V. 22, p. 588; V. 24, p. 516; V. 26. $1,438,000.
Mortgage bonds for- $2,000,OoO au¬
thorized. (V. 23, p. 548; V. 25, p. 476; V;
p. 5$3.)
26, p.
was
the
capital stock. Common stock, $2,508,000; 1st pref.,
$2,928,600; 2d pref., $3,000,000. Gross earnings in
1877 of road proper $3,097,962; net, $1,075,049; surt plus over interest, Ac,. $302,141.
Loss on leased
/r unes, Ac.,
$433,926. (V. 25, p. 619; V. 26, p. 200,
415, 4S6, 523.)
June
1888
6-70 A. A O. New York or Richmond
6 g. J. A J.
London.
6 A 7
Various
Richmond, Office.
J. A J.
do
8
charges and 8 per cent dividends. Last annual
report in V. 26, p. 191.
(V. 25, p. 133.)
Pittsburg, Cincinnati dk St. Louis.—This company
leases several roads and ia Itself controlled by the
1892 to '94
1892
Jan., 1898
N. Y., Union Nat. Bank. Mch. 1, 1882
Columbia, First Nat.B’k
June, 1884
suit
>
June, 1911
1, 1893
1, 1897
July 1, 1908
Deo. 1, 1896
July, 1882
July, 1882
Jan.
Oct.
....
"
Is'
June, 1911
June, 1911
July 9, 1878
3, 1878
July 2, 1878
do
do
July, 1884
do
do
April, 1887
Phil’delphia, Co.’s Office Oct. 1, 1892
do
do
April 1, 1900
A. Pittsb., First Nat. Bank
J. London, J.S.MorganACo
A. Phila., Pa. RR. Office.
O.
do
do
M’nthly N. Y. Agent, 57 B’way.
J. A J. Phila., Pa. RR. Office.
Q.—J. N. Y., Winslow, L. A Co.
do
do
Q.-J.
J. A J.
do
do
F. A A.
do
do
M. A S.
do
do
A. A 0.
do
do
M. A N.
do/
do
J. A D.
do
do
J. A J.
do
do
F. A A.
do
do
M. A S.
do
do
A. A O.
do
do
M. A N.
do
do
J. A D.
do
do
A, A O.
do
do
J. A J.
do
do
M. A S.
do
do
F. A A.
Philadelphia, Office.
A. A O.
do
do
J. A J.
do
do
F. A A.
do
do
do
F. A A.
do
A. A O.
Philadelphia.
J. A J. Boston, First Nat. Bank
do
M. A N.
do
M. A N. New liprk and Boston.
J. A J. Boston, Columbian B’k.
do
A. A O.
do
do
Various
do
J. A J.
Boston, Office.
do
do
M. A N. New York and London.
J. A J. Best., Eastern RR. Co.
do
J. A D.
do
J. A J.
Providence, Office.
do
J. A J.
do
do
do
....
7,000,000
'508,486
iu
Bonds, guaranteed by State
7
6 g.
6 g.
7
6
6 g.
7
6
6
7
7
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. 25, p. 138, 298, 335,
408, 533, 592; V. 26, p. 41, 81, 94, 575.)
its bonds, and funding
Portland dk Rochester—Interest in
default, and
receiver appointed in January, 1877.
The report
for year ending August 81, 1877, shows gross earn¬
ings, $133,896; expenses, $111,820. (V. 23, p. 354,
3t7; V. 24, p. 170; V. 25, p. 333.)
p.
begun in Feb., 1878.
266.)
(V. 20, p. 63, 267; V. 26,
Rensselaer dk Saratoga.—Leased,
May 1, 1871, to
Delaware & Hudson Canal Company, which pays in¬
terest on bonds and 8 per eent on stock. (V. 25, p_
615.)
Richmond dk Danville.—Gross
$909,317; net, $292,591.
earnings
1876-7,
This company leases the
North Carolina Railroad and the Piedmont Railroad,
and forms a through route with the Atlanta & Rich¬
mond Air-Line. The Penn. Railroad took $1,000,000
of the new bonds. (V. 22, p. 160; V. 24, p. 298,
370; V. 26, p. 115.)
Portland, Saco dk Portsmouth—Leased March 18,
Richmond, Fredericksburg dk Potomac. — Gross
1871, to Eastern Mass. Railroad for 99 years at 10 earnings 1875-76, $867,969; expenses, $177,793; net
per cent per annum; modified Dec., 1875, to 6 per earnings, $190,175, (V. 21, p. 612; V. 33, p.
v:r/T\ •"•*"■ *■
’% '
•
?
Miles
of
Ian a ti on of eolumn headings, &c., i
at the head of first page of tables.
25
409
97
190
190
360
120
120
120
120
120
115
115
207
sinking fund
July, ’79, coup
Equipment mortgage bonds
do
do
general mortgage
St. Joseph & Western— 1st M. St. Joseph
New
Kansas & Nebraska,
1st mortgage
St. Louis, Alton d Terre
& Pacific..
...
Haute—Stock..
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (series A) sinking fund.. ■“
^^
1st mortgage (series B) sinking fund..
2d mortgage, preferred
2d mortgage, preferred
2d mortgage, income
(series C)
(series D)
...-
[ des
....
®
.
gS
Jo g ©
686
210
210
686
100
72
300
525
354
354
293
-
1st mortgage, coupon
2d mortgage, gold, coupon, may be registered....
Cons. M. gold (s. f. after 1880), coup., may be reg.
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. & Texas, 1st mort., gold, coup or reg.
Cairo & Fulton, 1st n ort gold, or road and land
3k ($12,000,000 pref.)
St. L. Kansas City d N.—Stock
1st mortgage (North Missouri)
Real estate and railway 2d mort
St. L.d S.Francisco.—1st M. (So. Pac.), g., (I’d grant)
2d mortgage bonds, A
do
do
B, gold
do
do
C, gold
—
Land debentures
St. Louis d Southeastern—1 st M., gold. conv. s. fund
_
Consolidated mortgage, gold, sinking fund
Evansville Henderson &> Nashville, 1st mort
St. Louis Vandalia d Teire Haute— 1st M. s. f. guar
2d mort., Sink, fund ($1,600,000 guar.)
St. Paul d Pdcificr-First Division—
l ist M., 10 miles, St. P. to St. Anthony
2d
’
M., St. Paul to Watab. ($700,000)
3d M., land grit, St. P. to Watab. ($1,200,000)
Consol, land grit
do
($2,800,000)
1st M., St. Anthony to 150 miles west
2d M.,& 1st 1. g., St. A. to 150m.W.($3,000,000)
3d M., 1. gr. on 150m. W. ad St. A. & 1st M. on
60m. more with 1. gr. ($6,000,000)
4th M., St. P. to Breekenridge, 2d on I’d gr.,
150m. ($3,000,000)
St. Paul d Paciiic—1st mortgage bonds
St. Paul d Sioux C.—Pref. stock, (Div. on $475,000)
Common stock
Saginaw Valley d St. Louis.—1st mortg., coup
Sandusky Mansfield d Newark—Re-organizea stock
1st mortgage,
>rtgage new
Savannah d Charleston- -C. & S.„ guar, by S. C
mar. by S. Car
Car...
Funded int. bonds, S. & C. RR., guar,
1st mortgage, Savannah & Charleston RR
Savannah d Memphis—1st mortgage
Schenectady d Duanesburg—1st
M.,
guar.
Par
Value.
D. & H
.
Schuylkill Valley—Stock
Scioto Valley—1st mortgage ($13,000 per mile)
Seaboard d Roanoke^-Stock
1st mortgage
Selma d Gulf—1st mort., guar, by Alabama
Selma Marion d Memphis—1st mort., end. by
Selma Rome d Dalton—1st mortgage
2d mort., Alabama & Tenn. River RR
General mortgage for $5,000,000
Shamokin Valley d Pottsville—Stock
Ala..
1st mortgage, gold, on road and lands
Sheboygan d Fond du Lac—1st mortgage
extension
Shenango d Alleghany— 1st mortgage
1st mortgage
Richmond A Petersburg.—In July, 18T8, 2 per cent
dividend made on stock of $l,rO8.ti0.>. Gross earn¬
ings year ending Sept. 30, 1877, $137,116; net,
$47,271. (V. 22, D. 15; V. 24, p. 62.)
Rome, Watertown A Ogdensburg—The last report
shows gross earnings in 1876-7 of $1,255,271; ex¬
penses, $912,134; net earnings, $343, >36. Default was
made on coupons consol, bonds April, 1878. (V. 22,
1870
1875
$1,000
1855
1861
1872
1874
100 &c.
500 &.C.
•
-
•
.
31,000
1870
1870
1872
1876
1876
..
1,000
1,000
500 &c.
-
1870
1872
1870
.
.
1865
1874
1868
1876
1,000
300,000
100
21,028,761
4,000,000
1,000
1,000
1,000
1,000
1,000
1,000
1867
1872
1874
210
420
98
158
158
69-71
1872
1867
1867
1868
10
76
76
76
150
1862
1862
1862
1865
1864
150
1864
210
220
140
121
121
34*g
116
116
101
i‘o‘i
60
1412
11
98
80
80
40
50
100
100
28
28
78*2
78*2
32
2,479,700
4,168,700
500,000
500,000
1,212,000
1,900,000
1,900,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
500 &c.
100
1,000
1,000
500 &c.
100 &c.
500 &c.
500 &c.
1874
~
366,007
975,107
1,000,000
4,250,000
1,000
1864
1864
1864
1864
1864
1870
■
3,147,600
100
100
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100
100
...
ate per
Rate
Cent.
$175,000
•
1,000
1,000
1876
1876
0
•
Amount
Outstanding
100
.
.
Equipment mortgage
Sh Louis, Iron Mountain d Southern—Stock
5.
Size, or
Date
of
Road. Bonds
Richmond d Petersburg— 1st mortgage coupon—
New mortgage
Rome, Watertown d Ogdensburg—Stock
1st sinking fund mort., Wat. & R
Consol, mort., convert, till
Rutland—Stock, common
Preferred stock
1,000
500 &c.
1,000
1,000
1,000
When
Payable
A.
M.
J.
M.
J.
& O.
& N.
F.
M.
M.
M.
J.
& A.
& N.
of $1,200,00!) second mort¬
gage on each road. 1 he interest is payable only
If earned, daring the first five years.
The land
grant of 800,' 00 acres is in hands of trustees, for
the benefit of ihe holders of the land scrip of $2.250,000; this scrip may be exchanged for lands, at
the rate of ten dollars per acre, until May, 1878.
Gross earnings of road in 1877, $537,S86; operating
$373,906; rentals, &c., and taxes, $140,415.
(VT 24, p. 822, 469; V. 26, p. 289.)
expenses.
St. Louis, Alton dk Terre Haute.—The main line—
Terre Haute to E. St. Louis and Alton Branch—wus
leased June, 1867, for 99 years, to IndianaD. & St. L
at30 per cent of gross earnings up to $2,000,000 (but
$450,000 per year to be a minimum). *» his was
4,428,000
2,500,000
1,500,000
8,000,000
24,000,000
6,000,000
3,000,000
7,194.500
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
3,
and by
Richmond, Office,
do
do
-
Co
Boston, Treasurer,
do
do
do
do
do
do
New York.
do
do
do
dp
,
A. N.Y.,Office 20 Nassau st
N. New York or London.
do
do
O.
D. New York, Co.’s Office,
do
do
D.
do
do
& J.
F.
M.
A.
J.
J.
J.
&
&
&
&
&
& * J. N.Y.,Nat Bkof Com’rce
do
do
& S.
& J. N. Y., Trask & Stone,
do
do
& N.
do
do
<fc N.
do
do
M. & N.
do
do
Q-J.
M. & N. N. Y., G Opdyke & Co.
do
do
F. & A.
do
do
J. & J.
J. & J. N. Y., Third Nat. Bank,
do
do
M. & N.
J.
M.
J.
M.
M.
&
&
&
&
&
&
1880 to ’86
May 1, 1915
July 15,1875
Sept. 1,1880
Dec. 1,1891
Jan. 1,1892
July 1,1904
Feb.
2,1875
May 1,1880
Sept. 1, 1880
Nov. 1,1902
19—
19—
Wall st
do
Stocks—Last
Dividend.
S. N.Y.,J.S. Kennedy^ Co.
do
do
J.
In default,
D.
do
D.
Feb. 1,*1.878
1894
1894
1894
1894
1894
1880
Aug. 1,1892
May 1,1897
April 1, 1914
June 1, 1897
June 1, 1897
Jan. 1, 1891
July 1, 1895
Sept. 1, 1904
July, 1888
Nov. 1, 1906
Nov. 1,
Nov. 1,
Jan. 1,
1906
1906
1884
Nov., 1894
Aug., 1902
July 1, 1897
Jan. 1, 1897
May 1, 1898
1881
1892
1,000
120,000
1,000
250 &c.
366,000
1,096,000
1,114,000
1,500,000
1,700,000
M.
J.
J.
J.
F.
M.
A.
N.
do
do
1894
1894
1868
250 &c.
5,700,000
M. & N.
do
1898
1870
1871
1,000
1,000
1,500,000
do
do
1900
1901
»
.
«
250 &C.
250 &c.
1,000
100
■
...
1872
1,000
50
i869
1,000
1853
1868
1869
1870
1874
500
100 &c.
500
....
1,000
100 &c.
50
1876
15,000,000
2,081,800
2,400,000
446,000
1,050,356
2,301,000
505,000
111,800
500,000
2,4‘23,000
500,000
St. Paul,
New York,
,
i871
1864
1871
1869
m.
+ m
m
m
m
M
m
April 1, 1887
Feb., 1878
do
do
July, 1901
June, 1884
N. Y., (In default.)
do
do
October, 1896
N. Y., N.Bk. of Com’rce. April 1, 1889
do
m
is paid in full.
A suit is pend¬
ing in the IT. S. Circuit Court of Missouri. (V. 25,
p. ‘It, 138, 188, 229, 309, 358; V. 26, p. 287, 342,
3b8, 625 )
St. Louis, Kansas City A Northern.—Halt the stock
is pref., 10 per cent yearly, blit not cumulative.
for 2 years, 3 for 3 years, 4 for 1 year, 5 for 1 year,
and 6 afterward. In 1877 gross earnings were $1,-
323,913; net, $?39,l26. against $h75,047 in 1876. (V.
24, p. 543; V. 25, p. 282, 457; V. 26, p. 241.)
St. Louis A Southeastern.—In naudsof receiver.
Annual report, V. 26, p. 263. (V. *3, p. 549; V. 24,
p. 203, 322; V. 2 >, p. 2«3, 304.)
St. Louis, Vanduiia A Terre Haute—The com.
stock is $2,383,315; pref., $1,451,700. This r«>ad is
leased to Terre Haute & Indianapolis at 30 per cen;
of gross ear. ings. In 187? gr learnings, $1,118,470.
Bonds guaranteed by Terre Haute & Indianapolis,
do
Philadelphia,Treasurer,
....
to floating debt
.
Jan. 1, 1889
May 1, 1890
Sept. 1, 1924
Jan., 1878
Philadelphia, Office.
N.Y., Winslow, L. & Co. Jan. 1, 1896
Phil.,Townsend,W.&Co. May 1, 1878
do
do
Aug., 1880
Jan. lx 1890
New York.
New York.
Sept. 1, 1889
Jan. 1, 1872
New York, Office,
Jan. 1, 1864
do
do
^
the 1st mortg. 8t. L. & I. M., wlrch
The net earnings have been applied
rather than to pay bonded interest.
May* l,* *i902
do
1,350,400
210,000
16,000 p.m.
16,000 p.m.
838,500
241,000
3,000,000
50
869,450
500 &c.
1,994,000
750,000
1,000
850,000
500 &c.
874,500
m
Oct., 1876
N. Y.,Lancaster, B.& Co.
Del. & Hud. Canal Co.
1,000
1,000
1,000
m
9th Nat. Bk.
1892
1892
O. Oct. 1, 1875
N. Y., Union Trust Co.
July, 1902
Charleston, 1st Nat. Bk. March 1, 1877
New York,
Sept. 1, 1899
100
1851
1870
1869
Office.
•
IstN. Bk.,Sandu8ky,
576,050
680,000
by Columbus, Chicago <fc Indiana Central, a id Pitts¬
burgh, Cincinnati & St. Louis. (V. 24, p. 11U; V.
p. 165)
guaranteed by thiea other companies, see V. 26, p. 26,St.
Paul A Paciiic, First Division.—The 3d mortg.
614. In 1877, gross earnings were $953,570, against
$1,072,403 in ’76. The Belleville Br. and Extension of $6,OOu.OH) hai the addiiional security of the
earned net in 1877, $131,540.
Sinking fund t ods $1,50\(X0 first mortgage bonds held by its trust es.
$578,5 0 of the 1st mortgage. (V. 24, p. 297; V. Interest in default since Jane, 1872, on all the issues
except the first and second mortgages on Branch
$6, p. 417, 614,625.)
St. Louis, Iron Mountain A Southern.—There are Line,’ but certain payments made in May, 1877.
also jee^OOO of Cairo & Fulton Income bonds. Suits of foreclosure are in progress, and the rail¬
Gross earnings, 1877, $4,500,422: net, $2,131,901. In road has been in possession of the tras ees under
1875, the company funded three coupons on all the mortgage deeds. An import nt negotiation for
(V.
bonds except the old firsts, but when coupons fell faking up ihe bonds insbet-n consummated.
due Nov., 1876, they were paid only m part. Ha i 25, p. ill, 154,408, 424, 453, 641; V. 26, p. 2t6, 815,
’
interest only is paid on the m r g. bonds, except 343. 420, 575 )'
Where Paj
W1
J. & J. N. Y., Office 12
do
A. & O.
do
F. & A*.
do
M. & N.
do
.
M. & N.
do
M. & S.
5,927,000
♦
& S.
& N.
& J.
J. & J.
Gross earnings in 1877, $3 147,173; net, $1,250,7<3.
493: V..26. p. 334.)
Rutland.—Leased January, 1871, to the Vermont Floating debt partly retired with second mortgage
Central. Terms modified m July, 1S74.
Default bonds. (V. 24, p. 90. 272; V. 26, p. 68, 288,*7i.)
St. Louis A Han Francisco.—This is the re-organi¬
made on rental, and lease again modified. (V. 22, p.
zation of the Atlantic & Pacific, sold in foreclosure
209; V. 23, p. 1 i 0: V. 25, p. 137.)
St. Joseph A Jredern.—The St. Jo. nnd Denver Sept. 8, 18T6. The Atlantic & Pacific was a consoli¬
dation, in 1870, of the Atlantic & Pac. and So.Pacific.
City was sold in foreclosure Nov., 1875, and re¬ The
land grant amounts to some 1,000,<»00 acres.
organized. Bonds were to be issued in addition 1 he interest
on bonds “ B ” and “ C ” is 2 p+ r cent
first mortgages
Bonds—Princi¬
pal, when Due.
& J. N. Y., Farm. L. & T.
do
do
& S.
do
do
& D.
do
do
J. & J.
do
do
A. & O.
p.
to above
discovered in these Tables.
INTEREST OR DIVIDENDS.
DESCRIPTION.
2d mortgage
[June 29, 1878.
by giving immediate notice ot any error
Subscriber* will confer a great favor
General mortgage,
BONDS.
STOCKS AND
J8AILK0AD
•• •
xx\iu
•
St. Paul A 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. 24,
p. 510; V. 26, p. 316, 342, 420, 436, 575 )
St. Paul A Sioux t ity— This company has 756,437
acres of land unsold.
See annual report V. 24, p.
298.
(V. 22, p. 470; V. 24, p. 298; V. 26, p. 5.8.)
Saginaw Va ley A St Louis.—Has a traffic guar¬
by Michigan Central. Net earnings, 1876,
$48,855.
Sandusky, Mansfield A Neicark*— This road is
leased to the Central Ohio, and the lease guaranteed
by Baltimore & Ohio. (V. 19, p. 584; V. *6, p. 290.)
Savin’’ah A Charleston.—Road in hands of receiv¬
er and decree of sale made.
(V. 22, p. 615.)
Sav nnah -t Memphis —Defan ted after the crisis
ot 1873.' Net earnings, 1875-6, $16,118.
Schenec ady A Duanesburg.—Capital stock is
owned by the D.& H. Canal Co.,which runs the road.
antee
Schuylkill Valley.—Leased to Philadelphia & Read¬
ing, with 5 per cent dividends.
Scioto Va ley.— i his new road, from Columbus to
Portsmouth, reports gross earnings of $116,853, and
net $56,376, from March 5 to Dec. 31,1877.
Seaboard A Roanoke.—Net earnings year ending
March 1, 1878, $167,978. Report V. 21, p. 276. ‘
Selma A Gulf - Interest in default. Foreclosure
sale attempted Nov. 19, 1877, but no bids mada.
(V 24, p. 299; V. 25. p 335, 593.)
^
Selma, Marion A Memphis.—Defaulted 1872. To
be sold Jnly 3, 1878. (V. 26, n. 575.)
Selm t, Rome A Dalton —This was formerly the
Alabama & Tenuessee River. Interest in default,
and road to be sold. (V. 24. p. 56h.)_
Shamokin Va ley A Phttsvi le.—Leased February;
1864, to Northern Central,at 7 per cent on bonds and
^
6 per cent «n
stock.'
»
,
_
Sheboygan A Fon du Lac.—Defaulted 1873. Gross
earnings, 1877, $K»,01l; net, $12,204. (V. 24, p.
198, 34A; V. 26, p 521.)
.
Shenango A Alleghany.—Leased to Atlantic ®
Great Western, and ** rental trust bonds” issued,.
Gross earnings 1375, $201,039; net, $114,699.
,
\
jdhb 29,
-
?’■'• y'
fj */;jL V' v
■'
RAILROAD STOCKS AND BONDS.
ma]
xrix
Subscribers will eonftr a great fitvor by giving Immediate notice of any error* discovered In these Tables*
DESCRIPTION.
.
Foot
explanation of column headings, &c., see notes
at head of first page of tables.
Miles Date Size, or
of
of
Par
Road. Bonds Value.
50
50
105
Shore Line (Conn.)—Stock
1st mortgage, construction bonds
Sioux City dk Pacific—1st mortgage
2d mortgage (government subsidy)
Sioux City dk St. PtwJ—1st mortgage, gold, Pd grant
1st mortgage, currency, for $2,100,000.
Somerset—1st mortgage, gold.
South Carolinor—Stock
1st mortgage, sterling loan
dollar bonds (L)
do
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. dk No. Alabama—1st M., endorsed bv Alabama.
Sterling mort., s. fund, guar, by L. & N
Southern of Long Island—let mortgage (S. Side)...
2d mortgage S. Side (1st mortg. s. fund)
*
....
183
183
57
57
69
114
114
87
170
712
24
257
Company bonds, convertible Into stock at p ar.
Spartanburg dk Asheville—1st mortgage, gola.
•
•
•
30
•
*
30
81
by C. P.)
Syracuse Binghamton dk N. T.—Stock.
2d mortgage (now first)
Consol, mortgage (guar. D. L. A W.)
Summit Branch (Pa.)—Stock
1st mortgage bonds
Terre Haute dk Indianapolis—Stock—
1st mortgage
Bonds ot 1873 (for $1,600,000)
Texas dk N. Orleans of ’74—1st mortg. land gr., coup
Texas dk Pacific—1st mort., gold, coup.($8,000 p.m.)
81
81
.
2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,600,000 acres)—
Texas Western—(Narrow g.)—1st M., 1. gr., gold—
Toledo, Peoria dk Warsaw—let mortgage (W. Div.)..
1st mortgage (E. Div.)
—.
2d mortgage (W. Div.) convertible
(for $6,200,000)
20
20
113
73
....
106
444
444
444
50
.
....
100
.
.
....
1876
1875
1875
1867
1876
....
100 Ac.
100 &o.
1,000
.
.
.
.
1875
1875
1876
1161* 1866
110^ 1864
1161* 1866
227
1870
10
1871
53
35
1874
....
....
.
.
....
....
....
50
1,000
....
1,000
1,000
1,000
1,000
....
1,000
1,000
1,000
1,000
1,000
100
1,000
500 Ac.
....
100
1,000
1,000
....
1.000
£200
1,000
1,000
100
....
....
....
do
do
do
do
do
do
dollar loan, mortgage .. do
bond to State of New Jersey
Joint Co.’s mortgage, sterl’g, s. fd. (£138,500).
do
plain bonds
;.
do
do
consol, mort. (sink’g fund after 1880)
do
N. J. RR. & T. Co., 2d loan (now 1st), plain
do
do
3d loan due State of N. J
Utah Central—Stock
1st mortgage, gold
Utah Southern— 1st mortgage, coupon
Utica dk Black River—Stock
1st mortgage bonds of July, 1868
Mortgage bonds, 2d issue
Shore Line.- Leased to New York & New Haven
at $100,0JO per year. Old stock was exchanged for
new in July, 1873.
Gross earnings, 1816-7, $342,374;
net. $49 819. (V. 24, p. 63.)
Sioux City A Pacific.—Dvr. of 8)4 on pref. stock
paid April, *78 For year ending June 30, 1876. gross
....
1871
1871s
....
....
1871
1834-7
....
....
....
....
.
.
.
.
....
1862
1868
1868
....
36i* 1870
75
168
—
75
87
1871
1,000
....
....
....
....
....
....
....
....
1,000
....
....
1,000
1,000
100
....
1868
1871
1,500,000
3,332,000
29,300,000
625,000
3,892,300
399,000
400,000
448,000
270,000
1,750,000
50
....
....
600,000
100
....
....
1,500,000
1,000
1,000
....
1869
1873
1875
1875
5,211,810
750,000
1,500,000
405,050
350,000
500,000
2,004,000
500 Ac.
....
(Burlington Div.)
Troy dk Boston—Stock
1st mortgage, consolidated
- —
Convertible bonds
2ie
Troy JJnion—1st mortgage, guaranteed, Troy City.
1,042
Union Pacific—Stock
1st mortgage, gold, on road and equipment
1,038 1866-9
do
2d
(government subsidy)
1874
3d
do
on road (2d on land), sinking fund. 1,038
1867-9
Land grant bonds on 10,764,947 acres
1871
Omaha bridge bds, st’g, (s.f. about $50,000 yrly).
100
1866
Union Pacific, Central Franck—lslfmort., gold —
100 ’66-7-8
2dmcrtgage (government subsidy)..
379
United N. J. RR. dk Canal Companies—Stock
1871
General mortgage, gold, coupon
1871
United Co.’s mortgage, sinking fund, registered..
1871
do
sterling loan mortgage, sinking fund
1st mortgage
500,000
1,240,000
450,000
5,819,275
1,482,666
1*051,500
1,206,500
1,067,500
63,500
391,000
....
.
$1,000,000
1,000
1,000
....
....
•
200,000
1,629,000
1,628,020
100
1.868 Various
1868
500
1872
1866
500
100
1868
1870
1,000
1873
1867 500 &c;
1870 500 &c.
1874 500 Ac.
1869
1,000
1872
100 Ae.
1870
1868
1,000
1875 500 Ac.
48** 1871
7*a 1865
Springfield Athol dk N. E.—1st mortgage
Consolidated mortgage
•
•
Outstanding
100 Ac.
500 &c.
500 &c.
....
....
....
•
1871
1871
1871
242
242
242
Southern Central (N. Y.)—1st mortgage
2d mort. gold ($400,000 end. by Lehigh V. RR.).
Southern Iowa dk Cedar Rapids—1st mort., gold—
Southern Minnesota—1st mortgage, construction...
Southern Pacific (CaL)—1st mort., gold, land gr—
Southern Pennsylvania—1st mortgage, gold.
er annum
Southwestern (Ga.)—Stock, guarant’a 7 per
a:
Stockton dk Copperopolis—lBt mort., (guar,
•
122
124
23
Mortgage bonds, Southern of X. I
Sterling Mountain (N. T.)—1st mortgage
$100
1865
1868
INTEREST OR DIVIDENDS.
Amount
....
-
-
-
-
4,125,000
800,000
1,988,150
800,000
800,000
1,050,000
3,552,000
7,548,000
5,533,000
10,000 p.m
1,800,000
1,600,000
1,300,000
1,500,000
250,000
1,609,000
1,384,000
650,000
680,000
36,745,000
27,232,000
27,232,000
14,047,000
7,124,000
2,179,000
1,600,000
1,600,000
19,890,400
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
497,310
1,700,000
866,000
5,000,000
450,000
100,000
676,005
1,000,000
1,500,000
1,770,720
200,000
912,000
iRate
per When Where
Cent.
Payable
4
7
6
6
7 g.
8
le■
5 g.
6
7
7
6
8 g.
6 g7
7
7
7
7 g.
7 g.
7
6 g.
7 g.
3^*
7
7 g.
7
7
5
4
7
7
3
7
6
7
7
7
g•
6 g.
7
7 g.
7
7
7
7
7
4
7
7
2
6
6
Q.-F. Charleston,S.W.RR Bk
May,
1871
....
New York and Boston. April 1,1878
do
do
1896 to 1899
U.S. Treas., at maturity.
M. A 8. New York and Boston. Mch. 1, 1894
A. & O. New York and Boston.
1887
A. A O. London, L. A 8. Fr. Bk.
April, 1896
M. A N. N. Y., Company’s Office. May 1, 1895
U.S. Treas., at maturity. 1896,’97. ’98
Q<—J. Phila. and N. Y. Offices. July 12,1878
M. A 8.
Mch. 1, 1901 *
Philadelphia, Office.
A. A O.
do
do
Oct. 1, 1894
M. A 8.
London.
Mch. 1, 1894
M.A 8.
do
Mch. 1, 1894
F. A A.
Feb. 1, 1888
Philadelphia.
Due 90 days after demand.
F. A A.
London.
1880
F. A A.
Feb. 1, 1883
Philadelphia Office.
J. A D.
Princeton, N. J.
Jan. 1, 1889
M. A N.
Nov. 1, 1889
Philadelphia Offioe.
F. A A. N. Y., B’k of Commerce. Aug. 1, 1878
A. A 0.
do
do
Overdue.
Q.-J.
£• J. & J.
8
7
8 g.
6 g.
6
2i*
6 g6
6 g.
6 g*
6
7
6 g6
6
6
6
7
10
8 g.
....
....
....
2
J. & J.
J. & J.
M. A 8.
7
J. A J.
7
J. & J.
7
in 1882, and proceeds of land sales also go to pay
bonds. The land grant is 12,830 acres per mile,
and attaches now to 530 miles built. To J one, 1877.
192,661 acres had been sold for $790,745. The stock
paid in is $36,76o,9f 0. In 1876-7 the gross earnings
were
lands.
Texas A Pacific.—Annual report in Chboniclie,
re-organized March, 1877, stock being issued for
bonds. Land grant is about 1,790,000 acres. The V. 25, p. 210. Gross earnings, 1876-7, $2,043,453;
1st mortgage interest is paid J. & J. at 7 per cent, operating expenses, $1,352,445; net earnings, $691,though originally A. & O. at 8 per cent. (V. 24, p. 007. Of old land bonds $1,561,000 are yet ont.
11,198, 227; V. 25, p. 235, 409.)
(V. 23,*. 160, 206, 279; V. 25, p. 162, 210; V. 26,
Southern Pacific (Cal.)—This road is controlled p. 316.)
Texas Western.—This narrow-gauge road is in
by Central Pacific parties. The bonds are in
series A; B, C and D, of which “A” includes $15,- progress.; (See V. 23, p. »49, 152, 526.)
Toledo. Peoria & Warsaw.—Passed into receiver’s
000,010, part in 45Tb bonds, all the others are $1,000
each, A sinking fond of $100,000 per annnm begins hands February, 1874. Foreclosure pending. In
J. N. H., Nat. N.’H. Bank. July 5, 1878
S.
do
do
Sept. 1, 1880
J. N. Y., Nat. Park Bank. Jan. 1, 1898
J. U.S. Treas., at maturity Jan. 1, 1898
N. N. Y., MetrOjDol. N. Bk.
N.
do
do
Nov., 1901
J.
July, 1891
....
$4,553,005 gold, and net earnings, $1,823,830
gold. (V. 24, p. 299, 386, 445, 519; V. 26, p. 209, 316.)
Southern Pennsylvania.—This is a mining and rail¬
Sioux City A St. Paul.—There are also $502,000 2d road
company, re-organized in 1872 after foreclosure
mort. bonds, $143,000 equipment, and $286,600 in¬
nnder second m »rtgage. The road is leased by the
come bonds;
Lands sold in la77, 40,664 acres. (V. Cumberland
Valley.
1
25, p. 212; Y. 26, p. 299, 471, 494, 549, 567.)
Southwestern Georgia.—Leased to Central Georgia.
Somerset.—This road is leased to Maine Central. Dividends 8 a
year to every 10 per cent on Central
South Carolina.—Gross earnings in 1877, $1,020,- Georgia stock, hut 7 per year guaranteed. “Tri¬
664; operating expenses, $593,753; net earnings, partite” bonds issued; see Central Georgia.
$426.91'*. A proposal is made for concessions by 2d
Springfield, Athol A Northeastern.—(V. 24, p. 198.)
mortg. bondholders. (V. 26, p. 217, 342, 393, 418,
Sterling Mountain.—Cost of road and equipment,
420, 471)
Net earnings 1872-3, $15,673.
$502,468.
South & North Alabama.—This road is operated
Stockton A Copperopolis.—Defaulted July, 1874,
by theLonisv. & Nashv., which hold* a majority of and old bonds of $1,000,000 exchanged for present.
the st ck, and guarantees the bonds and holds
(V. 21, p. 159. 16(», 316.)
$1,000,000 of 2d mortg. bonds, taken for advances
Syracuse, Binghamton A New York.—Operated by
made. Pref. stock, $2,000,000.
Del. L. & W., and bonds guar, by that Co. Last
Sou'hem of Long Island.—Leased to L. I. RR.
dividend on stock (in 1675)4 per cent. (V. 26, p. 316.)
There are also $60,000 6 p. c. mortg. bonds on
Summit Branch.—This is a coal road, and leases
Rockaway Branch. It is proposed to “scale” all Lykens Valley. Not earnings in 1876, $151,665. (V.
bonds except 1st South Side. (Vi 26, p. 47J, 616.)
25. p. 113.)
Southern Central.—Forms an extension into New
Terre Haute A Indianapolis.—Annual report, V
York Stite for Lehigh Vailey, which company en¬ 24, p. 442. Gross earnings, 1875-6. $1,033,450; ex¬
dorses $400,000 of second mortgage bonds.
penses, $721,( 09; net earnings, $317,440.
South Iowa A Cedar Rapids.—In progress. Ot¬
Texas A New Orleans of 1874.—The company has
tumwa to Cedar Rapids, la.
a land grant of 875,000 acres timber and agricultural
Southern Minnesota.—Sold nnder 2d mortgage and
&
A
A
A
&
&
&
Stocks—Last
Dividend.
J. A J.
London.
1878 to *88
J. A J.
New York.
1878 to ’88
A. A O.
do
Oct. 1, 1902
A. & O.
Charleston.
April, 1891
J. A J.
do
1880 and 1892
J. A J. N. Y., Drexel. M. A Co. Jan. 1, 1890
M. A N. London, Baring Bros.
M. A S. N. Y., Gallatin Nat. B’k Mar. 1, 1887
M. A N.
do
do
May 1, 1900
M. A N.
do
do
Nov. 1, 1879
F. A A. N. Y., Vermilye A Co.
Aug. 1, 1899
M. A S.
do
do
Mar. 1, 1882
M. A N.
May 1, 1900
J. A J. N. Y., Company’s Office.
1888
A. A O. N. Y., C. P. Huntington. April 1,1905
M. A S.
Mar. 1, 1900
J. &D. Savannah,CentRR. Ga. June20,1878
Various
Macon.
1886
J. & J. Charleston A New York.
Jan. 1,1897
J. A J. Boston, Eliot Nat. Bank July 1,’83 to *93
J. & J.
New York.
1885
J. A J. N Y., Central Pacific. January, 1905
J. AD. N.Y., D. L. A W. RR. Co. Deo. 15,1875
J. A D.
do
do
June, 1887
A. A O.
do
do
Oct. 1, 1906
F. A A. Philadelphia A Boston. Aug. 16,1876
J. & J. Boston, N. Y. A Phila.
Jan. 1,1904
J. & J. N.Y.,Farmers L.A T.Co.
Jan., 1878
A. & O.
do
do
July, 1879
1893 !
F. A A. New York, Co.’s Office. Ang. 1, 1905
M. A S. Phila., N. York ALondon March i, 1905
J.« A D.
do
do
June 1, 1905
Jidy. New York& Philad’pbia Jan. 1, 1915
J. & J. N. Y., Farm. L. & Tr.Co
F. & A. New York, Co.’s office.
Feb. 1, 1896
J. & D.
do
do
Dec. 1, 1894
A. A O.
do
do
April 1, 1886
M. A N.
do
do
May 2, 1910
J. A D.
do
do
June 1, 1901
F. A A. Troy, Company’s Office. Feb. 1, 1878
J. & J. N. Y., Nat. B’k of Com.
1894
M. A S.
do
do
1882
6
earnings were $*292,4s9, and net earnings $28,291.
(V. 22. p. 545, 599.)
r-
J.
M.
J.
J.
M.
M.
J.
Payable, and by
Bonds—Prinei
pal, When Dpe.
*
N.
Salt Lake City.
Y., Kountze Bros.
Utica.
Utica and New York.
do
do
1876-7. net earnings were $56,415.
237; V. 26, p. 68, 316, 575.)
0)
Jan. 1, 1890
July 1, 1891|
Mar. 26,1878
July, 1878
July, 1891
(V. 25, p. 115,188.
■>.
Troy A Boston.—With leased roads forms a line
from Troy, N.Y., to North Adams, Mass. In 1875-76,
gross earnings were $566,539; opei sting expenses,
$293,334. There are $119,000 of old 1st and 2d
mortgage bonds yet outstanding.
ZYoy Union.—A short road in Troy city. Bonds
issued by city and guaranteed by several roads.
Union Pacific.—Gross ’earnings in 1877 weie
$12,473,203, against $12,886,858 in 1376; net earn¬
ings. $7.1)9,782, against $7,818,617. In ls78 the
funding bill was passed in Congress; the Court of
Claims decide! against the com), any as to the 5 per
cent of net earnings; an important contract was
made with Kansas Pacific; the July dividend was
parsed. Land sale?, in 1877, 69,015 acres at $4 98 per
acre, or $ 343,768. Land contracts and cash on hand,
January 1, 1878, $3,415,152. Abstract of last reports
V. 26, p. 241. (V. 24, p. 22«, 591; V. 25, p. 408;
V. 26, p. 241, 266, 368, 471, 548, 593. 626 )
Union Pacific Central Branch.—This was formerly
the Atchison & Pike’s Peak road. Interest in default
since November, 1873. Gross earnings 3875-76, $114,414; expenses, $131,500. (V. 23, p. 259; V. 25, p, 276.)
United New Jersey Railroad A Caned Companies.
—'I lie Camden & Amboy Railroad and branches,
Delaware & Raritan Canal, and New Jersev Railroad
form the United Companies of New Jersey. They
leased 'to
Pennsylvania Railroad, Oct. 20, 1877,
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.H 8 after paying interest and dividends.
(V. 24, p. 516; V. 25, p. 349,433, 458, 478; V. 26, pw
215) 304.)
Utah Central.—Salt Lake to Ogden. In year end¬
ing April 30, 1876, net earnings were $232,737, and
dividends amonnting to 20 per cent were paid.
Utah Southern.—Gross earnings 18.7, $278,650.
net. $140,731
Stock is $1,500,000.i
Utica A Black River.—Gross receipts 1876-77
$453,576; eTTvmsea, $233,565: net earnings, $220,010.
(V.p. 20T; V. 36, p. 141.)
were
at 10 per
-
RAILKOAD STOCKS AND. BONDS.
XXX
Subscribers will confer a
great favor by giving
Miles
explanation of column headin
at the head of
,
Lea.
Bonds, guaranteed by
Vermont Central— 1st mortgage,
consolidated
consolidated.....
2d mortgage,
Equipment loans
Stanstead, S. & Chambly bonds
Income and extension bonds (to pay float’g
Vermont d Massachusetts—Stock
debt).
80
77
80
(sinking fund $7,000 per year)
1st mortgage
Convertible bonds
do
do
Vicksburg d Meridian—1st series
2d series (blue endorsed)
3d
do (black endorsed)
140
140
140
140
(red endorsed)...
(not endorsed)
do
4th
Special loan, funding mortgage.
649
75
167
180
33
29
75
167
180
490
109
Wabash—Stock
1st mortgage (Toledo & Illinois)
Erie, Wabash & St. Louis)
1st mortgage (Lake
(
1st mortgage (Great Western of 1859)
1st mortgage (Quincy & Toledo)
1st mortgage (Illinois £c Southern Iowa)
—
(Toledo & Wabash)
2d mortgage
id mortgage
(Wabash & Western)
mortgage (Great Western of 1859)
Consol, mort., (on all but Decatur & E. St. L.)—
1st mortgage, (Decatur & East St. Louis)
Funded debt bonds and scrip ($943,950 at 7)
2d
Warren (N.J.)—Stock
2d mortgage
1st consol, mortgage
.
*.
preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
do
4th
for Baltimore City stock
Western Pennsylvania—1st mortgage
1st mortgage, Pittsburg Branch
General mortgage
conv..
regis..
William ston d Tarboro—1st mortgage
usta—L st
Wilmington, Columbia d Augusta
County
..
60
38
63
41
172
32
204
138
116
44
160
90
90
90
90
90
90
90
57
28
*4
188
i*79
179
Wisconsin Centrab-lat mortgage, gold, land grant.
Worcester d Nashua—Stock
Bonds ($125,000 are 7 per cents)
do
'
Vermont A
—Road is
6 per cent
Canada.—Under lease to Vermont
Central.. (V. 24, p. 421, 566; V. 25, p. 476, 641.)
Vermont Central—In 1872 the Company went to
default on interest, and has since been in numerous
complications. A new corporation under the name
of Central Vermont was formed, with $2,000,000
paid-up capital, and assumed obligations of the old
Vermont Central. Foreclosure pending on 2d mort¬
gage. (V. 22, p. 110, 5S9; V. 23, p. 40, 370, 623; V.
24, p. 418, 563; V. 25, p. 431.)
Vermont A
Massachusetts.—This road is leased to
the Fitchburg RR. Co. for 999 years, commencing
Jan. 1, 1874; they paying interest on the debt and 4
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the re¬
mainder of the lease, exclusive or all taxes.
Vicksburg A
Meridian.—Net earnings 1817 8,
The only conponspaid 8snce April, 1876,
were those maturing Jan.. 1878, and the special loan
coupons of Jan., 1877. (V. M, p. 207; V. 23, p. 62.)
Wabash.—This is the Toledo Wabash & Western
re-organized after the sale, June 10, 1876, under
consolidated gold mortgage of 18 3. New litigation
coramonced in May, 1878. There is a debt of $560,009 due the Equipment Company, payable $56,000
per year.
The "Seney” raor . included in funded
debt bonds is for $1,» 00,0^0, payable $200,000 per
▼ear.
Operations for 1877 showed $4,585,914 gross
earnings and net earnings of $1,069,398.
(V. 95, p.
04. 89: V. 26,p. 215,445,471, 496, 524, 519, 592,
$123,364.
,
1871
....
1861
1866
1869
100
....
-
•
-
600,000
-
100
2,692,539
i;2oo;ooo
....
.
.
.
.
.
....
...
500 &c.
....
50
500 &c.
500 <fcc.
500 &c.
500 &c.
1873
1866
1868
1870
1858
1,000
....
....
....
....
*.
1870
•
•
m
.
.....
1868
m
.
....
1867
1870
1870
.
....
....
1872
1863
1865
3,443,000
640,000
1,500,000
920,000
750,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
875,000
1,000,000
800,000
1,000,000
1,200,000
350,000
3,200,000
600,000
1,456,200
648,700
221,400
749,000
8,250,000
1,789,800
1,000
.
.
.
.
1,000
■
^
.
500 &o.
100 &c.
....
....
500 &c.
100
....
....
....
....
£26.)
1871
.....
100
....
1874
Rate per
Cent.
....
....
&
&
&
&
M. &
J. &
M. &
J. &
M. &
A. &
J. &
J. &
J. &
J. &
J. &
J. &
A. &
J. &
2%
6
7
7
7
7
7
7
8
Bonds—Prlncl
1878
1883
1879
1885
1, 1890
1, 1890
1, 1890
April 8,
July 1,
July 1,
July 1.
Jan.
Jan.
Jan.
Jan.
1, 1890
1880
Y., Metropolitan B’k. Aug. 1, 1890
do
do
do
do
Aug. 1, 1890
Aug.. 1888
do
do
Nov. 1, 1890
do
do
do
do
do
Aug. 1, 1882
N<5v. 1, 1878
do
1878
May 1, 1893
Nov. 1,
do
do
Q.—F.
do
do
F. & A.
do
do
Feb., 1907
Aug., 1889
N.Y., Del., L. & W. RR.
do
do
April, 1878
do
do
'
1900
1905
J.
4
7 *
3
6
6
7
7
7 g.
7 g.
7 g.
10
J.
Moh. 1, 1882
May 1, 1903
April 1, 1896
Jan. 10,1878
April 1, 1891
& J. Balt., R. Garrett & Sons
do
do
do
do
& J.
Philadelphia, Office.
& O.
do
do
& A. Phila.—Pa. RRCo. Office
& S.
do
do
do
& J.
do
& 0.
do
do
M. & N.
A. & O.
A.
F.
M.
J.
A.
J. & J. New York and London.
J. & J. New York, Office of Co.
Q—J.
A. & O.
do
do
A. & 0.
do
do
J. & J. Balt., N. Mechanics’ B’k
do
J. & J.
do
J. & J.
do
do
J. & J.
Hagerstown.
J. & J. Balt., N. Mechanics’ B’k
J. & J.
do
do
J. & J.
do
do
A. & O.
Philadelphia, Office.
do
J. & J.
do
A. & O.
do
do
M. & N. New York, J. M Pickrell
J. <fc D. Balt., Safe Deposit Co.
8
8
6
6
6
6
6
6
6
6
6
7
8
7
.
3>g
6
7
7
7
2
g.
g.
g.
g-
7
7
3
6
J.
J.
M.
J.
&
&
&
&
D.
London.
J,
do
N.
J. N. Y., Nat. B’k Republic
J. & J.
Boston, Office.
J. & J.
Worcester, Office.
do
do
Various
A. & 0. Bost., Globe Nat. Bank.
do
do
F. & A.
A. & 0.
Worcester Office.
A. & O. Bost., Globe Nat. Bank.
,
Lackawanna
bonds. Net
placed together, were
6s, and $600,000 3d 8s,
1st and 3a mortgages,
exchanged for general
mortgage bonds, but are deposited m escrow only.
The president, Mr. John S. Barbour; was appointed
receiver in July, 1876. Interest in default, but re¬
ceiver ordered o make certain payments. See V.
25. p. 41. (V. 22, p, 15« 591; V. 23, p. 550.)
Westchester A Philadelphia.—Gross earnings, 1876’77, $332,274; net, $112,964. (V. 22, p. 304; V. 24,
p. 62; V. 26, p. 116.)
West Jersey.—Gross earnings, 1877, $595,025; expe;nses, $391,430; net, $203,594. Net profit above
intterest and rentals, $10,358. (V. 24, d. 249; V.
26, p. 263.)
West IFwawsm.-—The company defaulted on inter¬
est due Jan. 1.1875, and funded nine coupons from
that date. Earnings, 1876, $842,528; operating ex¬
penses, $631,452; net earnings, $211,075. The land
Sept. 1, 1880
Aug. 15,1877
Mch., 1883
Jan., 1896
Oct, 1890
Jan.
1, 1886
1902
Oct. ’77 to '91
Atlanta, Co.’s Office.
8—; J. & J. New York & Savannah.
The company
?12.
1,033,980;
expenses, has
$672,367;
net earnings,
been assisted
& O.
by Balt.$401,
of which have been
July 1, 1891
Jan. 1, 1891
Nov. 1, 1886
1891
1876 to 1889
Jan. 1, 1887
1902
7
7 g.
Washington Qtfy, Virginia Midland A Great South¬
ending Sept. 80, 1875,
some
May 1, 1878
June 1, 1872
Jan. 1,1875
May 1, 1873
ern.—Gross earnings year
originally $400,000 1st
,
Stocks—Last
Dividend.
J. & J. Balt., R. Garrett & Sons
M. & N.
do
do
M. & 8.
do
do
6
6 & 8
8/.
earnings in 1875, $241,056.
The
N. N. Y„ D. L. & W. RR.
D. Boston, E. Blake & Co.
J. Boston,Nat.Bk.of Redm
J. Boston, Globe Nat. Bk.
N. Boston,Nat.Bk of Redm
do
do t
D.
N.
do
do
do
do
J.
do
do
N.
O.
Boston, Office.
do
do
J.
do
do
J.
do
do
J.
J. Phila Girard Nat. B’k.
do
do
J.
J. Phila., Girard Nat. B’k.
do
do
O.
do
do
J.
A. & O.
A. & 0.
M. & S.
7
7
6 & 7
Warren (N. J.).—Leased to Delaware,
& Western at 7 per cent on stock 'and
and by
Whom.
F. & A. N.
F. & A.
F. & A.
M. & N.
F. & A.
M. & N.
M. & N.
M. & N.
7
7
7
7
7
7
7
7
7
7
3 & 7
350,000
700,000
500 &c.
Where Payable,
pal, When Due.
•
250,000
400,000
1,185,000
....
When
Payable
M.
J.
J.
J.
3
4
8
7
7
7
8
7
8
•
100 &c.
1871
1872
1873
1875
48
48
654,000
700,000
578,859
1,650,000
1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1,000,000
500,000
....
1st m., guar, (for $700,000)
Valley (Fa.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Balti¬
more &.Ohio was discontinued, and temporary lease
made to Shenandoah Valley Railroad. (V. 20, p. 16,
453; V. 21, p. 396; V. 22, p. 463, 559, 591, 007.)
-
1873
1871
94
Rochester—Stock
Utica Chenango A Sti*quehanna Valley
leased to Del Lack. & West. Railroad at
per annum on stock.
'
325
--
do
s
1,000
1,000
1,000
do
‘
Sinking fund bonds, gold
f
2,500,000
2,495,000
500,000
300,000
1,000,000
1,500,000
2,500,000
2,610,000
2,700,000
3,015,950
1,800,000
750,000
250 &c.
100 &c.
1869
....
mortgage...
900^000
1,000
1,000
1,000
1,000
1,000
1867
336
Sterling bonds
Bonds—
Bonds
Nashua &
•
1863
1865
1862
1858
1858
1859
1867
3,000,000
1,500,000
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
16,000,000
.
Income bonds
Wilmington d Weldon—Stock
do
1853
1860
27
P.)
Western RR. bonds, before consolidation.
2d mort.. guar, by Cent, of Ga. and Ga. RR. & B. Co.
Western Maryland—1st mort., endorsed Balt. City..
1st mortgage, unendorsed
endorsed by Baltimore
endorsed by Washington
1853
....
Western d Atlantic (Ga)—Income Bonds
Western (Ala.)—1st mortgage (Mont. & W.
do
do ’
....
1871
,
West Wisconsin—1st mort., gold, s. fd., 1. gr.,
1st mort. gold, South’n extension, coup, or
2d
2d
2d
500 &c.
500 &c.
1866 100 &c.
100 &c.
1866
1866-9 500 &c.
100 &c.
1867
1872
1,000
100
1865 100 &c.
500
1869
1872
1,000
500 &c.
1866
1866
1,000
1866
1,000
100 &c.
1866
100 &c.
1871
310
Camden & Amboy..
Consol, bonds, gold
....
•
1875
128
Millville
$4,000,000
•
18
mort., guar., coup
Philadelphia—Preferred stocks
Cape May <fc
$100
*
•
Amount
Par
1855
1858
gold, Wash. C., Va. Mid. & Gt. South’n
1st mortgage, new
West Jersey—Stock.
Loan of 1883, guaranteed by
1st mortgage loan
do
consolidated
1st
Outstanding
1855
1870
Lynchburg & Danville, 1st
Westchester d
Value.
18
18
..
Washington City, Va. Mid. d Gt. Southern—Stock...
2d mortgage, O. & A. RR
1st and 3d mortgage, O. & A. RR
4th mortgage. O. & A. RR
Funded interest, O. & A. RR
1st mortgage, O., A. & M. RR—
. ..
Gen. mort.,
Bonds.
1871
1871
Vermont Central
Missisquoi Railroad bonds
Size, or
98
73
Valley—Stock
Utica Chenango d Susquehanna
Shock
Vermont d Canada—S
Date
of
of
&c., see notes
first page o
-
Immediate notice of any error discovered In these Tables.
INTEREST OR DIVIDENDS.
DESCRIPTION.
For
[June 29, 1878.
July, ’78 <fe ’81
OcC 1, 1888
•Oct. 1, 1890
Jan.
Jan.
1, 1890
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
June, 1877
1881
1886
1896
July 1, 1901
July 1, 1876
1881 & 1887
April 1, 1893
Feb.
1, 1895
April, 1878
April 1, 1894
ing in default for interest to their holders
the
were
second
preferred unendorsed, and on those
payment was made of coupons due July, 1873.
and January, 1874, in January, 1877. The July 1877,
interest on nnendorsed bonds was not paid till
January, 18“8. Annual report for Inst fiscal year, tc
mber 30,
i
September
30, 1877.
1877. showed
showed gross
receipts, $332,085;
$219,940; net receipts, $112,145.
41, 298, 406; V. 26, p. 84, 471.)
expenses,
p.
Western
(V. 25,
Pennsylvania.—The Pennsylvania RR.,
lessee, owns $972,650 stock out of the total amount
of $1,022,450, $148,000 of branch bonds, anu ill of
$1,200,000 general mortgage bonds; net earnings
1876, $225,498.
-
(V. 22,
p.
206.)
Tarboro.—Road in progress.
Wdliamston A
recent financial information.
No
Wilmington Columbia A Augusta.—In 1875-6
earnings were $116,633 net.' There are certificates
of indebtedness for $336,000. (V* 22, p. 16; V. 26, p.
86?, 393.)
•
Wilmington A Weldon.—Formerly leased to Wil¬
mington, Columbia & Augusta road, but in Dec.,
1877, default was made by lessee and p.operty
reverted.
(V. 22,
p.
16; V. 26,
p.
Wisconsin Central.—Defaulted
68, 420, 496.)
July,
1875, and
Sant
is 1878,
aboutand1,000,000
acres. Sold
in p.
foreclosure
arch.
543; V.
re-organized.
(V. 24,
funded 9 coupons.
25, p. 41, 115; V. 26, p. 426.)
Western A Atlantic—This road is owned by State
of Georgia, and leased at $300,090 per annum.
Lessees have issued the income bonds. (V. 22. d.
136.)
Western Alabama.—Sold in foreclosure, April 19,
1875. and bought by Central Ga. and Georgia Rail¬
earnings were $709,935; expenses. $412,201; net
earnings, $297,733. Paid rent of Mil. & North¬
ern RR., leased, $167,404.
Land grant is over
800,000 acres. The Philips & Colby Construction
Company operating this road became embarrassed
in Dec. lfc?7.
(V. 23, p. 478; V. 28, p. 18.)
roads, for whose account it is operated.
398, 406,445; V. 25, p. 466.)
(V. 20,
p.
Western Maryland.—This company was largely as¬
sisted by the city of Biltimore. which has also
bought its overdue coupons.
The bonds remain-
leDgfh of road.
Afterwards built a considerable
In year ending Sept. 30,1876, gross
Worcester A Nashua. —Guarantees the stock and
bonds of Nashua A Rochester, leased. For year
ending September 80, 1877, gross income was
$528,883, and expenses, including interest and
rental. *524,30!. (V. 22, p. 545; V. 24, p. 158; V. 25,
p. 430.).
-«.*v
JOT* 29,
CANAL STOCKS AND; BONDS,
1878.]
Subscribers will confer a great favor by giving.!atmediate notice
DESCRIPTION.
For explanation of column headings, Ac., see notes
at the head of first page of tables.
Miles Date Size, or
of
of:
Par
Canal. Bonds. Value.
<
14
14
Chesapeake. A Delaware—Rt/mlr
1st. mortgage (originally $2,800,000)
$50
1856
Vario’s
25
Chesapeake £ Ohio^-Stock
M
aryl an ri loan, sinking fund
Guaranteed
Bonds
stcrlingloan
>
havingueYtYireferenee
i
Division—Stock
1st mortgage
Delaware
Delaware A Hudson—Stock
1st mortgage extended
Istf mortgage, registered
w w
clo
do
Debenture loan of 1894, coup
1st M., coup. A reg., on Penn.
60
1858
148
1869
1871
1874
1877
and reg
Div. ($10,000,000)
7jehigh Coal A Navigation—Stock
Loan, conv., coup.", gold (assumed L. A W. Coal Co)
1st mortgage, registered
;
i«f. mortgage, registered, railroad
Mort. loan/g. ($2,310,000 assumed C. RR. of N. J.)
....
....
Loan
Loan extension, convertible till December, 1877.
Consolidated mortgage loan
Greenwood mortgage, reg.
Extended, 1877
....
1872
83
Vav
103
103
103
103
-
mortgage (for $1,000,000)
Boat loan
Preferred stock scrip .dividend
Pennsylvania—Stock
General mortg., interest guar’d by Penn. RR....
Schuylkill Navigation—Stock, common - - .,W
327
327
2d
4..
369.)
Delaware Div.—Leased to Lehigh Coal A Naviga¬
tion Co., at interest on bonds, and 8 per cent a year
stock
Del. A Hudson Canal.—'This Co., which is among
the largest miners and carriers of coal, leases the Alb.
A Susq. and Renss. & Sar. Railroads. Also endorses
bonds of N.Y. A Canada RR. The annual report for
1871 is given in Y. 26, p. 208 and p 242; and com¬
mittee’s report. V. 25, p. 161. (V. 24, p. 179, 227,
444; V. 25, p. 161, 615; V. 26, p. 208, 242, 495, 564,
574, 699.)
'42
■;>.c 1
'K?.
K
li,193,550
771,000
5,381,963
1,025,000
1,175,000
1,000
780,000
220,000
1870
1,000
1863
1864
1,000
1,000
103,164
4,480,405
3,000,000
909,236
3,175,900
1,709,380
3,990,392
1,200,000
260,000
756,650
628,100
50
2,002,746
50
50
50
1839
1859
1841-4
1872
*85
June, 1873
Q-i.
Balt., A. Brown A Sons.
1870
1890
London.
.1885
4tf 1878
July 1,1878
Aug. 1,1876
/
,
Feb.
Nov.
'Q—J.
Q—P,
J. AD.
A D.
A D.
A D.
A A.
3,000,000
A J.
A A.
A. A O.
A. A O.
F. A A.
J. A J.
P. A A.
F. A A.
Q. -M.
J.
J.
M.
M.
M.
A
A
A
A
A
J.
J.
N.
N.
N.
J.
J.
J.
J.
M.
A
A
A
A
A
J.
J.
J.
J.
N.
1894
1884
1897
1897
do
do
do
do
*79- 80-’81-’82
i
5
1882 i; “
June 1,1911
do
!
do
do
1892
Pittsburg Office.
A A. Leh.
;
do
do
do
do
t
JulyVi910
Philadelphia, Office.
Aug. 22,1877
Aug, 22,1877
March, 1897
Philadelphia, Office.
do
do
do
do
do
do
do
^
' V
Feb. 4,1878
Feb. 4,1878
April 1,1906
Oct., 1885
Feb., 1889
v
Vail. RR. Co., Phila
do
do1
do
do
,
Sept. 2, 1676
Philadelphia, Office.
do
do
do
do
do
do
do
do
->
1891
1894
1917
.
O-M.
M. A -S.
1,1891
1884
-
325,310
250,000
April, 18T1, to Lehigh Valley Rail¬
The lessees assume bonds and
July, 1886
.
gold loan dne 1897, and leases the Lehigh A
Susquehanna Railroad.
The Lehigh A WilkesBarre Coal Co. assumes $500,000 of the gold loan
due 1897, and 1711,000 (all) of the convertible gold
loan dne 1894, and has also leased the coal landsv
of the company. (V. 22, p.279; V. 24, p. 217,
445; V. 25, p. 4H2.)
Monongahela Navigation' Company.—Receipts,
1875, $196,576; expenses, $80,487; dividends, $90,387.
Morris.—Leased
road for 999 years.
do
J. A J. Balt., A. Brown A Sons.
F. & A.
Philadelphia, Office,
do
do
J. A J.
A A. N. Y., Bk. of Commerce.
do
do
A N.
do
A J.
do
do
do
A J.
A O. N. Y., office 71 B*way.
do
do
M. A 8.
1,320,000
the
do
Q—J.
1,000,000
Lehigh Coal A Navigation.—Gross receipts in 1877,
$994,6b5; expenses and int., $1,189,321; excess of
the latter. $194,655.
The Central R.R. of N. J.
assumes (in purchase of equipment), $2,310,000 of
Dividend.
Whom.
•
Philadelphia, Office,
717,000
100
100
•al, When Due.
Stocks—Last
J. & D.
J. A J,
508,520
41,550
1,004,300
1,000
Bonds—Princi-
Where Payable, and by
Payable
2,000,000
4.658.500
*50
various.
1870
When
1,369,259
1869
45
,
Chesapeake A Delaware.—Delaware City to Chesa¬
peake City, Md. (V. 18, p 682).
Chesapeake <k Ohio.—Gross receipts, 1875,1473,210;
net, $254,175. Paid on bonds, $233,940. (V. 24, p.
vV 7 •
6,434,000
4,750,000
....
bonds of 1872
Union—1st mortgage
on
1,000
various.
mortgage.
do
1,633,350
3,500,000
1,000
1,000
Susquehanna—Stock
Maryland loan, 2d mortgage
Susquehanna Canal, common bonds, 3d mort
do
pref., 3d. T. W. priority b’ds..
1.699.500
1,000
1865
Preferred stock
1st mortgage, extended
Boat and car loan
Boat and car loan
-i-
1876
108
Mortgage Bonds, coup, (payableby P. A R.)......
Improvement bonds
...
-*■-':
....
8,229,594
2,000,000
4,375,000
800,000
1,000
1,000
1,000
1,000
1,000
1,000
Rate per
Cent.
$1,880,800
1,997,872
20,000,000
1,482,000
1871
Monongahela Navigation Go.—Stock
JforKs^-Stock, consolidated
Preferred stock....
1872
Outstanding
100
1,000
1000Ac
of any error discovered In lhese Tables.
INTEREST OR DIVIDENDS.
Amount
1,000
50
153
—
•
50
60
148
148
'
•"" *
km
do
do
1882 to 1907
do
do
do
do
do
1895 *-•*
May,1880
May, 1913
May, 1915
Phila. and Baltimore.
do
do
do
do
do
do
Jan., 1885
Jan. 1,1878
Jan., 1894
Jan., 1902
May 1,1883
Philadelphia, Office.
scrip, and pay 10 per cent per annum on preferred
stock, and 4 on consolidated stock. (V. 12, p. 714).
Pennsylvania Canal.—Worked in interest of Penn.
RR. which guarantees
interest on bonds.
mortgage of *90,000 is dne in 1887.
An old
Schuylkill Navigation Company.—Leased from
1870, to Philadelphia A Reading for 999
years, at annual rent of $655,000, inclnding certain
real and personal property conveyed to Philadelphia
A Reading. The dividend of Aug. 22,1877, was pay¬
able in PhiL A Reading RR. scrip. (V. 22, p. 493:
V. 26, p. 418.)
..
Susquehanna A Tide Water.—Leased and operated
by Philadelphia A Reading Railroad for interest on
bonds and half of net earnings.
Union Canal.—Stock, $2,907,850.
June 1,
t
■
»vV
f
~4
,'‘■^:'\\\'Ti-'f^f^y^’^yf-?S::’>'y:'.*-• \"rS<: l^ r:’’v-5•'• ’• -.*•••'‘\ v..\ $.:•••*.''?"
.'^-
V:'
-
•
rT.^.'^'v1--.'^":
'r<‘ 7;;','-r;.y";.r
;/ «;•';>••»
^ ;•.*.*
'!'•• • './•'r •.••;.y; ;/ ...-.7;•
rc.v^r'+7iW~M*'Wt'? ■-•
•.
T-*
’3J'
•■
:•-•
.' •;'
'
■' '■'.. -' :•■•:
l?B8|t.^'ia7^:|-;;:'';
INVESTORS’ »S0PPliEMENTi
-r
u
> *c -‘ *.a- ■■
Insurance.
North'
British and
Mer'Cv*••
.V; * ‘.{
Ins.
Co..
f
cantile
' y.y
.
~
►
i... '■'
.l
«i-:-4
OFFICE
*'.
-4*
OP THE
'
'*
l
r
JL j
OF
•
Incorporated
AT L AN
TIC
54 William
Mutual
Co.
Insurance
New York, January 23, 1878.
in conformity to the Charter of the
Company, submit the following Statement
affairs on the 81st December, 1877:
of its
OF
FINANCIAL
$8,750,000 00
not marked off
.
*
2,040,862 61
1st January, 1877
FireAssetsheldinthe
Banking and
$765,558 54
945.405 75
U.S...$1,710,964 29
Premiums. $6,751,028 44
No Policies have been issued upon
life
f
Bisks, nor upon Fire disconnected
with Karine Bisks. 1
•
,
’
premiums marked off from 1st Janu¬
ary, 1877, to 81st December, 1877....
.
paid daring the
period
$2,565,600
Losses
tame
The above does not Include the Life and Annuity
Fonda, which, by act of Parliament, are In a distinct
and separate department, for which the surplus and
reserve of the Fire Insurance Department, named
above, are not liable.
CHAS. E. WHITE,
SAM. P. BLADGEN,
City—Bank Returns, Ac.
London—Money Market and Bank Returns,
O R I
has ths following Assets, vis.:
United States and State of New York
Stock, City, Bank and other stocks.$10,565,958
Loans, secured by Stocks and other¬
00
due the Com¬
pany, estimated at...,
Premium Notes and Bills Beceivable.
Beal Estate and claims
617,436 01
1,764,893 63
255,864 02
Cash in Bank
vA.;
$14,366,351 66
Sfcr per-cent* Interest on the
(Certificates of profits will be paid to
'
outstanding
the holders
thereof, or their legal representatives, on and after
ENT
Mutual
certificates of the issue of 1874
paid to the holders thereof,
or their legal representatives, on and after Tues¬
day, the 5th of February next, from which date all
will be redeemed and
The certificates to be
produced at the time of payment and canceled
Upon certificates which were issued for gold pre¬
miums, the payment of interest and redemption
will be in gold.
Forty per Cent, is de.
the net earned premiums of the Company
A Dividend of
ending 31st December, 1677, foi which
certificates will be issued on and after Tuesday, the
for the year
next;
By order Cf the Board,
JYBL CHAPMAN* Secretary.
The
following Statement
Company on the
Charles Dennis,
W.H. H. Moore,
Charles EL Bussell,
Lewis Curtis,
James Low,
Gordon W. Burnham,
William Sturgis,
William E. Dodge,
TJiomas F. Youngs,
John D. Hewlett,
Charles P. Burdett,
Adolph Lemoyne,
Charles H. Karshall,
Robert L. Stuart,
Frederick Ch&uncey,
Horace Gray,
John Elliott,
Wliliam H. Fogg,
\:
Thomas B. Coddington,
Alexander V. Blake,
Robert B. Mintura,
George W. Lane,
James G. DeForest,
Charles D. Leverich,
Edmund W. Corlies,
William Bryce,
Peter V. King,
Horace K. Thurber.
J. D. JONES, President.
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-President,
JL A RAVEN, 3d Vice-President.
-
•
^
-
31st day of December, 1677, is
with the provisions of its
$195,916 72
Methods of
Quoting.
Prices in New Yerk,
1870-1877.
:
'
'
Speculation— .
*
Principles Relating to Investments.
-,
Investments of Financial Corporations in New
755,078 89
York
City.
Compound Interest Table, Showing Awaunu*
lations of Money in a Series of Years.
$820,268 55
Losses and expenses
526,539 81f
182,173 08
Re-ins .ranee and return premiums....
Earned premiums
Ac., in London, 1833-1877.
from 1862 to 1877.-
Investments and
$950,995 61
Total Premiums
+.
Gold and
Forelgn Exchange-
-
Dec., 1876....
Net Premiums received during the year
ending 31st December 1877
^
Gold in New York,
Prices of
Charter:
Premiums unearned 31st
,
^
Gall
Question.
Prices, Movement,
of the affairs of this
published in conformity
of the year
the Rate Pjer Cent realised on
Purchased at different prices.
Stock Speculation in New York.
Table Showing the Interest Cost of Carrying
Table Showing
_
Securities
ASSETS,
31st December,
'
1877.
Cash in Banks
United States Stock....:
Stocks of
Corporations
>
Real Estate..
$254,729 43
478,343 75
106,038 58
249,455 58
Receivable
Subscription Notes, Bills
453,507 74
.19,876 46
and Uncollected Premiums
Unsettled Accounts
$1,561,951 54
Board,
CHARLES IRVING, Secretary.
TRUSTEES:
J. D. Jones,
.
The Silver
By order of the
Daniel S. Killer,
Joeiah O. Low,
Boyal Phelps,
<X A Hand,
William H. Webb,
Francis Skiddy,
^
.
Production, Exports and Imports of
Silver in the United States.
18th January, 1878.
Nxw York,
Total amount of Assets
David Lane,
Market—
Cold and Silver—
Co.
Insurance
Tuesday, the 5th of February next.
7th of Kay
-
York, and Prices of
Loans and Commercial Paper since 1870.
#
1,163,200 00
wise.....
on
Trade
and Imports, Leading
Articles, Tonnage of Trunk Railroads and
Balance, U. S. Exports
Influences in New
The Company
dared
States—Foreign Commerce,
United
The Money
27
Premiums and
Expenses... $947,923 86
interest thereon will cease.
^
Commercial— *
Canals.
OF THE
and
Currency Movements.
$4,908,881 08
Betums of
The outstanding
Financial-
New York
Managers.
OFFICB
Total amount of Assets
~INFMMtTWr.
States—National Bank Figures
United
v
Total amount of Karine
,rr,;v: -T
rv 7-v
Retrospect of 1877.2
Mercantile Failure^
total Liabilities, In¬
cluding re-insnrance, in the U. S.
Net surplus in the United States.
"
>
CONTENTS.
46
the
lia¬
Reserve for
$4,710,865 88
Premiums on Policies
2,428,978 97
4,221,557 49
.
Invested Assets (gold). $7,900, 5 36
Subscribed Capital, for which
Stockholders are personally
ble, not yet called in
Premiums received on Karine Bisks
from 1st January, 1877, to> 81st De¬
cember, 1877
Cash and
«
•
*
BOOK
A YEAR
York.
$1,210,000 00
paid-dp Capital (gold)
for all fire liabilities, in-
eluding re-insurance
Net Fire Surplus and Reserve....
The Trustees,
l
(ANNUAL)
;;;
1866.
December,
Called-in A
Reserve
Financial
J-
.
BBANGH:
St, Cor. Pine, New
Established
I
s:.m *;■
m■
1809.
in
UNITED STATES
/‘V '
«
THE
EDINBURGH.
LONDON Aim
Publication*.
i .■*.*&&.**'
Insurance*
TRUSTEES:
George Mosle,
Henry De B. Routh,
Henry R. Kuhnhardt,
Edward F. Davison,
Lawrence Wells,
William Poblmann,
Alexander Hamilton,
Constantin Menelas,
Carl L.
Recknagel,
Carl Vietor,
Arthur B. Graves,
Alex. M. Lawrence,
John D. Dix,
Walter Watson,
Henry E. Sprague,
Theodore J. Ralli,
C. L. F. Rose,
Cousinery,
George H. Morgan,
F.
ANTON METZ,
Ac.
P^fes of U. S. Bonds, 1860 to 1877„
and Securities—
State Debts and Immunity from Prosecution.
Prices of State Securities, 1880-1877.
Railroads and the£r Securities—
State Debts
Railroads of the United
Railroad Earnings.
Theodore Fachiri,
Williams. Wilson,
Schwab,
L. K. Calvocoressl.
Gustav
President
Vice-President
Secretary.
Assistant Secretary.
States.
English Railroad Laws.
Prices of Railroad Bonds, 1872-1877.
Prices of Railroad Stocks, 1860-1877.
The
Investors’ Supplement—
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