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Street Railway
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CT-ULZxe
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street railroad practice
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YORK, JUNE
Street Railway Supplement.
WILLIAM
Q hronicle.
is
afforded by the policy of the
Metropolitan in operating the Third Avenue Company.
It was in evidence previously in the merger of
the various separate electric lines in Brooklyn under
the control of the Brooklyn Rapid Transit Co. It
may indeed be seen in any large system formed by the
merger of a number of independent lines.
These consolidations may be attributed in part to
the economies possible in operating cost by introducing standard equipment of all sorts, which in considerable degree admits of a greater utilization of
the
furnishing car service.
Even
without consolidations two factors were tending toward securing a voluntary standardizing of electric
property needed in
Publishers,
Pine St., corner Pearl St.,
New
York.
PROGRESS TOWARD UNIFORMITY IN
StRE&T RAILROAD OPERA TIONS.
The many
which the managers of consolidated properties have merely taken advantage of.
First, the development of electric traction had been
so rapid that roads which had been in operation a few
railroad equipment,
consolidations of street railroads which
have taken place in the last year have served to bring
years had begun to feel the need of bringing their prop-
into prominence the lack of uniformity in
equipment
erties into better condition, while secondly only within
prevailing diversity of
practice has been a natural result of the conditions
the last year or two has there been practice that could
be regarded as fixed or final in power generation or
under which street railroads have been developed.
distribution in track construction or in rolling stock.
Settled practice could hardly be expected in essential
Whatever may be the progress in any of these departments in coming years, it may be safely said that
the
changes from the practice now established
in
each department on the best, built modern
roads will be merely a development, and not
and operating appliances.
features,
and much
less in
The
the multitude of details
arising in the application of electricity to such a
and extensive use
new
been the case in street transit
travel.
This lack of uniformity has not unnaturally
appealed to the managers of consolidated properties
as needing correction.
It has therefore happened that the first work undertaken after consolidation has been the effort to formulate standards of practice, and to modify equipment
and appliances to conform with the new rules. The
advantages of uniformity and interchangeability in
the tracks and rolling stock of steam railroads have
long been recognized. The same necessity has not
as has
revolutionary.
This
consideration
warrants,
tunate that so much of this reconstruction work has
been in charge of consolidated companies operating a
considerable mileage.
That situation has emphasized
the advantages and economies of standardization, and
has facilitated agreement among different companies.
street railroads, while
the manner of
Moreover,
their buildicg
and the expansion of
electrio mileage
selection of appliances in the charge of
have precluded the idea of a standard practice. A
heterogeneous assortment of motors, cars, powerhouse machinery, etc., could be put up with by small
lines without much apparent inconvenience or lack of
economy; they become impossible when these lines
are
merged
to
form an extensive system.
Such a
merger has involved the reconstruction of a good
many roads long before that work would have been
undertaken if they had continued to be operated as
independent lines. An interesting illustration of this
development of the effort to secure uniformity in
it
does not demand, that old-fashioned equipment be
discarded
on all lines where capital
can be
raised to carry out reconstruction.
It has been for-
among
existed
if
it
has placed the reconstruction and the
the officers
who may be assumed
ence in street
who
had the largest experirailroad management, and therefore
to have
know
the requirements of the service.
needs to be said that the great majority
of the electric lines in this country have been built
by engineers who for the most part had little or no
previous experience in similar work.
In meeting
many of the problems they had to overcome, they were
unable to appeal to previous experience either of
best
It hardly
their
own
culties
or of other engineers.
had
to be solved
It followed that diffi-
by original investigation, aided
STREET RAILWAYS.
by personal ingenuity. As a consequence the natural
tendency to individuality ha3 emphasized diversity in
the construction work of. each company, those in
charge being thrown largely upon their own judgment
and resources. A fact which helps to interpret this
situation is that the development of electric traction
comprises a period of scarcely ten years. The system
has grown so rapidly that individual ideas and much
experimental work were an obvious necessity. The advantages of electric traction were so important that it
was worth while to risk a considerable investment rather
than wait for the working out of better methods.
railway managers should consider the possibility of
companies being called upon to incur expenditures in removing or changing the location of their
tracks at crossings with steam railroads.
The development of traffic on electric car lines within city
limits and their extension, long distances beyond, has
their
number
naturally greatly increased the
and added to the danger
of
of
accidents.
crossings
Now
that
the period of busy
traffic has been reached, the frequency of accidents between street and steam cars
calls renewed attention to the problem of decreasing
the number of such crossings and the liability of
Under these circumstances it could not be otherwise collisions.
Change of grade to avoid the crossings of steam
than that many of the devices should be temporary
railroad tracks is of course out of the question, exand soon supplanted by different processes.
With practice now finally settled in many respects, cept in large cities, where unfortunately the cost is
and smaller companies merged into larger ones, it is the greatest. It is important, however, to recognize
likewise natural that street railroad managers should a public sentiment in the more developed States for
turn to uniformity of methods as the phase of the
operating problem which most demands attention.
Power houses and their machinery, means of distributing power, roadway construction and rolling
Btock all offer many opportunities to simplify operations and promote economy.
Moreover, the need of
having standard equipment must be more forcibly im-
the separation of highways and steam railroad tracks.
pressed upon a manager of a consolidated railroad
ever,
when
portion of the total expenditure.
every line placed under his control has each
peculiarities
in
all
these departments.
its
Wherever such a plan
is
carried out, involving the re-
building of street-car tracks, the transit
company
will
spend large sums. The
cost of relaying its tracks is a large item even where
it is not called upon to bear any share of the general
cost of the improvement.
Almost invariably, how-
necessarily be required
it
is
to
required to contribute some substantial
Even if it be admitproper that the street railway should
bear part of the cost, the fact cannot be overlooked
that there is a constant tendency to increase the
proportion, and in some cases the towns will attempt
to mulct the street railways in the whole cost prop-
Type and ted that
it is
weight of rail, methods of bonding, feeder distributing systems, power- honse machinery all may differ
so widely that it is not possible to harmonize their
operations and secure best economy without substituting one type for the multitudinous methods which erly falling upon the municipality.
Street-railway managers in the more developed
are found in use.
States where the removal of highway and railroad
crossings is likely to be vigorously pushed should arGRADE- CR OSSING PR TECTION.
range to have the proportion of the burden which it
The City of Cleveland is proposing to abolish the is possible to fix upon the railroad settled by general
steam and streetrailroad grade^ crossings within the city, statute, and not left to an assumed sensa of justice in
like so many other cities in the East. Such a work, how- the authorities of the individual municipalities.
The
ever, is costly, and the city authorities, as in so many outcome of having no general laws which may be apotht r cases where improvements are proposed, do not plied is seen in the case of the Ohio city referred to,
—
seem willing
to fairly
meet the expenditure involved, with
its
demand that
the city be relieved of the coBt
but try to shift the burden. The Cleveland officials of an improvement of which it is the chief benehave proposed that the street railways should bear ficiary.
about 35 per cent of the cost of removing gradeEven where there is no possibility of change in the
crossings, the remaining portion of the cost being grade of railroad tracks, it may be questioned whether
borne by the steam railroads.
This suggestion is all street railway managers have made as careful promanifestly unfair, for the city will benefit more di- vision as is desirable to protect their cars from being
rectly than the railroads from doing away with grade- struck by locomotives while on steam railroad crosscrossings.
In some Eastern States, notably Massa- ings. In fact, usually there is practically no protecchusetts and New York, this has been distinctly tion at such crossings beyond the little afforded by
recognized and met by the States and the local com the conductor running ahtad a few feet and hastily
muDities, directly benefited by the abolishing of glancing up and down the railroad tracks. Steamgrade- crossings, agreeing to pay fixed proportions of railroad managers have been taught by long experience
the cost of the work. Obviously this is the more rea- how unreliable dependence upon employes' carefulsonable arrangement.
ness and fidelity soon becomes.
The frequency of acTo force the railroads, whether steam or street sur- cidents at crossings between trains and street cars is sufface lines, to bear the entire burden of the change of ficient commentary upon the non-effectiveness of such
line involved in removing grade-crossings is unfair. reliance.
The liability of serious casualties should be
It is a heavy burden even when shared with the State sufficient to induce every street railway manager to
or city, and moreover it is a burden largely created provide the most efficient mechanical appliances to
by the growth of traffic in a city to which the railroad safe-guard such crossings. One serious accident will
may have been the chief contributing cause. The call for more damages in settlement than would
Cleveland proposition, too, involves another objection- equip the whole line with the best signaling appliable feature in that the consent of the railways does ances.
An increasing number of companies is pronot seem to have been sought to the proposed removal viding signal apparatus at crossings of steam- railroad
of crossings.
Whatever may be the outcome of the tracks, and their efficacy and economy are easily
Cleveland
negotiations,
it
is
desirable
that
street
proved.
STREET RAILWAYS.
EXPRESS AND FREIGHT SERVICE ON
ELECTRIC LINES.
The
past winter a considerable field for the electric
been developed in the express and
freight service to the convenience of the public and
A year ago the plan was merely
to their own profit.
tentatively discussed, although a few companies had
undertaken to experiment in the carriage of express
matter or light freight in a limited way. Now, how
ever, nearly a dozen roads in various parts of the
country are carryirjg express or freight, or both, as a
regular branch of their business. The subject has
indeed come up for general discussion, and it is
noticeable that instead of the expected opposition on
Btreet railways ba3
the part of the public at large, the efforts of those
managers who have considered it advisable to undertake the service have been quite cordially supported.
If more companies have not taken up the plan, it is
due less to the possibility of opposition by the public
than to the indifference of the managers themselves,
or to local conditions which prevent the plan being
put in force. This point naturally has to be considered.
Freight service, or even the carriage of light express
packages, is not possible on all lines. It may be that
the chances of making the experiment a success are
remote, or that the character of the travel over the
company's lines makes it impossible to consider the
development of a freight line. The essential business
the transportation of passengers.
Everything must be subordinated to that. It is the
of a street railway
is
most profitable work a street railway can carry on,
and its development demands and should have the
best energies of each company's officials.
It is only
when the passenger travel has been developed, for the
time being, as fully as the particular circumstances of
In Connecticut, where trolley development has proceeded at a rapid pace, both in extent of mileage built
and
in
the
merger
of
roads, a
carefully-planned
ia operated by a number of the larger
The important districts between Stamford and
New Haven and between Bridgeport and Ansonia
freight service
roads.
have a well-organized light freight and express service.
It has been of chief advantage perhaps to farmers and
fruit growers, who send their produce to market by
the electric roads, securing convenient and expeditious transit, which is particularly important and
beneficial to them because of the perishable charThe farming communities
acter of their shipments.
which have benefited so much by the building of
electric roads through the greater accessibility of
town and country have been the chief gainers in
such development of freight service on these lines as
has been reached. At Cleveland, with its extensive
system of inteiurban roads and terminals concentrated
in the city, a service for handling freight shipments
of farm produce has been highly organized by a
separate company operating over all the roads. This
company reports that it handles between 800 and
1,000 ten gallon milk cans daily on the 50 or 60 miles
Such a
of interurban roads over which it operates.
statement gives a graphic idea of the development of
business possible under favorable conditions.
Freight service is cr nducted on a more or less comprehensive plan bystreet railways at Newburg, N Y.; Dayton and Young8town,0. Indianapolis; between Buffalo
and Lockport, N. Y.; at Waterloo, la.; Toronto, and
by one of the Chicago suburban lines, among others.
In Massachusetts during the past winter a bill was
;
introduced t© specifically authorize street railways to
carry freight. It failed of passage, but apparently
more because it was not actively supported than because there was any special objection to granting the
a line permit, that the inauguration of a freight serv-
privilege.
But that such a bill should be brought
the forward in so conservative a State as Massachusetts
opportunities thus offered are considerable and the is evidence that the proposal for freight service on
incidental expense is not large and can be regulated
electric street railroads meets a public demand.
within limits. The revenue from express and freight
ice deserves attention.
to
many
lines
But
may appear
to
as
many companies
largely net profit, for
is conducted at such hours as to
STORAGE BATTERIES AS A STREET
power and facilities which otherwise at those
MOTIVE POWER.
hours would be non-productive.
In Brooklyn many plans have been proposed to use
Two recent incidents, apparently of contrary imthe street tracks for a systematic service, and it has port, have attracted renewed attention to the utilizabeen asserted within a week that a definite pro - tion of storage batteries as a motive power for street
posal has been taken up by the managing officials. railways.
In Chicago the important suburban line
Express cars have been regularly operated by one which has been thus operated announces a change of
of the general express companies.
The question- power to the overhead trolley. As the Chicago ining of the street railway company's right to permit the stallation was the most important in this country, the
use of such a service over its tracks brought out a decision to change the system seemed to mean that
comprehensive acknowledgment of the company's storage batteries could not compete with the trolley
powers by a Supreme Court judge which may prove and other methods of street-car propulsion.
Howparticularly valuable in the future.
The peculiar ever, shortly after the news was published of the
traffic conditions of Brooklyn and the location of the abandonment of storage batteries in Chicago, the
street railway tracks seem to offer advantages for President of the Metropolitan Street Riilway in New
freight traffic not usually found in a large city. York stated that he was quipping one of the importThese are sufficient to account for the numerous ant Metropolitan cross-town lines with the same
plans to run freight cars over the different lines. The power.
As the Metropolitan has experimented on a
Brooklyn Rapid Transit Company has several special large scale with practically every feasible system of
cars hauling heavy rails and other construction ma- motive power, its decision so lately arrived at to exterial for its own use, and a general freight car be
periment again with storage batteries is significant
sides the special express cars, so that it is gathering and important.
This would be so in any event, but
experience in the handling of freight which may be it is particularly interesting at the present time, beof advantage at any time that a comprehensive freight- cause the Metropolitan Company has a parallel crosacarrying plan is formulated.
town line operated with compressed air cars.
often the service
utilize
t
STREET RAILWAYS.
These two transit systems, then, will be tested
under as similar conditions as can exist in street rail
road operation. The results as to the comparative
economy of the two methods will be of peculiar value,
not only as to the relative merits of one system as
compared with another, but as compared with the
electric underground and the overhead trolley.
The
tests will be not only under similar conditions as to
volume of traffic, length of line, etc., but under the
conditions most favorable to develop the economy of
each system. If excellent results are not obtained by
both systems in these installations, it is not likely that
either will be considered longer as of utility for street-
and economical system for street-car transitThat possibility long ago passed; the question of
their utilization has now narrowed to installations
where the use of the overhead trolley or its economical
substitute, the underground electric system, are not
practicable or desirable.
The overhead trolley is not
permitted on Manhattan Island, and street railway managers elsewhere may have to face a public demand ultimately for the removal of overhead wires from the chief
thoroughfares of large cities. To meet these conditions the electric underground system has been developed; but the first cost is so heavy that although
it is cheap and efficient to operate, the search for anefficient
The fact, other substitute keeps up. It is this special demand
however, that the Metropolitan Company is now mak- which has revived the present interest in compressed
ing such a large investment in storage-battery and com- air and storage batteries. The Metropolitan Company
car transit under any practical conditions.
pressed-air cars
is
power
methods
desirable
finds
Theoretically, in fact,
lines,
significant that both kinds of
have strong claims to recognition
for operating street railways.
either
as
power answers most of the requirements of
street railway work.
Perhaps the most important consideration
every car
is
is
that
a separate operating unit, carrying
its
own power.
Accidents, hence, affect but an individual car, and do not cause a suspension of service
on an entire operating division or the whole line. This
is
of course likely to happen,
and indeed does occur,
with electric underground, overhead trolley, cable, or
other mechanical traction systems depending upon
assembled machinery as the source of power.
No roadway construction is necessary to increase
first cost or maintenance expenses, and the cost of
generating the power is moderate. One difficulty in
developing either system for practical use has been in
regulating the distribution of the power so that it
should be sufficiently effective and economical.
Whether that problem has been now properly and
sufficiently solved the Metropolitan Company's experience will soon determine. That there are good
reasons to suppose it has been may be taken for
granted or the Metropolitan Company would not have
authorized the heavy expenditure required for the
equipment of these two lines with two systems of
motive power which are used nowhere else in this
country on a large scale.
Yet, it is interesting to recall that both compressed
air and storage batteries promised some years ago to
contest with the overhead trolley for superiority as an
that the cost of track-construction for electric
underground system
enormous on cross-town
the many gas and water mains to be
is
so
because of
removed, as to be prohibitive.
At equal cost of construction, maintenance and
operation, compressed air would be a more desirable
motive power than storage batteries, because of its
greater adaptability to branch lines.
The Chicago
experiment has in fact proved that storage batteries
as a street motive power must be confined to a very
narrow set of conditions. Its field will be limited to
lines of comparatively short length and without
branches. In Chicago storage-battery power was efficient and economical on the orignally-built road;
but the line was located in a suburban district,
and the development of the territory called for the
construction of extensions and branches from the old
main line. The storage-battery cars could not be run
over these various routes with the operating economy
of the main line and because of the difficulty of recharging. The line being equipped with accumulators by the Metropolitan has a heavy traffic, and the
round trip is well within the mileage limits of the
batteries.
The trips can be so regulated that the
charging will be made with the least possible delay
and at one station, so that the investment for fixed
plant will be reduced to the minimum. Under these conditions storage batteries should afford an economical
means of moving cars, and their cleanliness, noiselessness, freedom from mechanical apparatus, which is
one objection to compressed air, make them otherwise desirable as a street motive power.
Street Railways
SECURITIES AND REPORTS.
In using the series it is to be remembered that they are inter-dependent
and with the fresh items of news the Chronicle contains from
week to week, the investor will have all the information he needs in seeking a safe and remunerative lodgment for his money.
Street Railways forcibly illustrate this inter-dependence. Such roads obviously rely for their income, and therefore in
great part for the value of their securities, upon the population and activity, of the country they serve. Hence constant
reference to our State and City Supplement will be found necessary by those wishing to purchase the stocks and bonds of
street roads. Population, assessed valuation, tax rate, total debts of the counties, cities and minor municipalities are given at
length in that publication, every one of which items is an essential fact contributing more or less to any correct estimate of
the amount of suburban travel a given road commands.
The Abbreviations used in our Street Railway statements will be found explained in a table immediately following the
last statement in this Supplement.
A full Index which shows where each railway will be found is also given on the closing pages.
This
is
Supplements.
one of our four
publications, complete only as a whole.
If utilized together,
AKRON, OHIO.
Population 1890 was 27.601; in 1880 was 16,512;
and in 1870 was 10.006.
NORTHERN OHIO
TRACTION-Trolley.
Incorporated in Ohio July 1 st, 1899, and is a consolidation of the
Akron Traction & Electric an I of the Akron Bedford & Cleveland.
The Akron Traction & Electric was successorto the Akron Street Ry. &
Illuminating Company sold at foreclosure March 28, 1899, and then
purchased by Henry A. Everett, of Cleveland, as preliminary to the
present consolidation. Mr. Everett is also President of the Cleveland
Electrio Railway, known as the " Big Consolidated," with which
system close relations are maintained.
Date. Interest.
Outstanding.
Maturity
Stock
Bonds—
Common stock, par $100
$2,000,000
Pref. stock, 5 p. c. cum.,
~ nn AAA
<
Feb. 1,
ouu.uuo
par $100. $1,000.000..
$1900,213%
&
I
895 5 g. M&S
300,000 Sept.1,1915
SSO^OOO^mOOO^mort'hCentral
Tr Co., N. Y., trustee, pays interest.
covers 274„JmiJe's
.'
.
-
)
Further bond issue limited to $10,000 per mile of new track.
Ak. Bed. & Clev. gen. M. ) 1898
5 A&O
$700,000 Oct. 1, 1918
i>ime Savings Bank. Cleveland, trustee.
($1,000)
5
5 «•
1899
2.500.000
1919
mort. e
Mort
$3 030 000
$
g., *j,v)v,vvv
} Central Trust Co. trustee.
BONDS— Of the $3,000,000 Northern Ohio Traction bonds, $500,000
are reserved for future betterments.
Plant— The old Akron Traction & Electric comprised about 20 miles
of track in the city of Akron, Ohio, and suburbs, its line extending
to Cuyahoga Falls and Silver Lake. It has 19,000 incandescent lights.
The Akron Bedford & Cleveland comprised 36 miles of track, its line
extending from Akron to Cleveland. Cembined mileage of Northern
Ohio Traction, 56 miles.
Latest Earnings— Eleven months to May 31:
1900.Gross,$349,766; net,$132,679 1899.Gross,$3 19,045; net,$97,412
For year ending June 30, 1899, combined earnings of the separate
roads consolidated were $344,103 gross and $106,408 net.
Dividends— On preferred stock 2*3 p. c, Feb. 1, 1900.
OFFICERS— President, Henry A. Everett. Cleveland, Ohio; Vice-Pres.,
Will Christy; Treasurer, J. R. Nutt; Secretary, C. F. Moore; Manager, L. E. Beilstein. General offices, Akron.— V. 68, p. 425, 616, 869,
Officers— President, Henry W. Burgett, Boston; Treasurer, Charles
E. Bibber, 49 Federal Street, Boston; Secretary, W. H. Ervin.— V. 69,
p. 383, 439.
UNITED TRACTION.-A trolley road.
Organization.— Chartered Dec. 30, 1899, as a consolidation of the
Albany Ry. [chartered in 1863], the Watervliet Turnpike and RR. and
the Troy City Ry. [chartered Jan. 31, 1866]. See V. 69, p. 1147, 1300;
V. 70, p. 77. Stock was first $4,000,000, but increased to $5,000,000
in Feb., 1900. The additional $1,000,000 will go to provide equipment
and improvements and take up $399,300 of Troy City debentures; the
latter are omitted in the statement below.
V. 70, p. 330. The addiis to be issued 2,500 shares each on May 1 Aug. 1, Nov. 1,
1900, and April 25, 1901.
In Sept., 1899, the old Albany Ry. entered Into contract with Hudson River Power Transmission Co. of Mechanicsville for supply of
power sufficient for operating consolidated system.— V. 69,p. 541,909.
Date.
Interest. Outstanding. Last div.,<£c
Stock
Bonds
Stock (par $100) $5,000,. A ^^^ < May 1 1900,
„..
$4,^50,000;,
000
tional stock
j^
,
\
Securities of Old Albany Railway.
1865
5 J.-J.
$29,000 Jan. 1,1905
4th Mortgage
1880
6 M.-S.
11,500. Mch. 1, 1905
5th Mortgage
1888
5 M.-S.
32,000 Sept. 1, 1913
Consol. M. ($500,000),) 1890
5 g J.-J.
428,000 Jan. 1,1930
0' gold $1,000)
S Interest at Central Trust Co., New York.
Gen. M. $750,000, gold.
1897
5g.J.-D.
474,000 June 1, 1947
Leased line securities —
lap. 0.
Wat.T.&RR.— St*k $100
240,000
1st M. int. guar
1889 6M.-N.
350,000 May 1, 1919
2ndM.,p. <fci. guar
1890 6 M. N.
150.000 May 1,1919
The Albany Ry. general mortgage of 1897 was for $750,000, of whioh
$474,000 has been issued and $276,000 reserved.
1st Mortgage
Securities of Old Troy City Railway.
|
1074; V. 69, p. 131, 230, 334; V. 70, p. 176.
—
&
Date.
Interest.
Troy &Lansb. mort... 1888
Troy City 1st con. M., ) 1892
A-O
A-O
5
5
Outstand'a
$34,000
1,966,000
Maturity.
Apr. 1,1903
Oct. 1,1942
g.
g.,$2,000,000..c*&r 5 Interest paid by Trustee, Ontral Trust Co., N.Y.
The Troy City leased roads include Troy & Cohoes, stock $50,000,
dividends under lease 7 per cent
Lansingburg & Cohoes, stock
;
$15,000, dividends under lease, 7 p. c; Troy <fe Lansingburg, stock
$700,000, owned by Troy City Ry. total, $765,000. The Waterford &
Cohoes RR., $25,000 stock, receives 7 p. c. yearly under lease.
DIVIDENDS— First quarterly dividend, 114 per cent, was paid May
1, 1900.
Road—The Albany Railway in June, 1899, operated 42 miles of
track in city of Albany and suburbs, extending also to Troy, Cohoes,
Rensselaer and Watervliet. The Troy City operated 32 miles of track,
including (besides the track in Troy) lines to Lansingburg, Green
Island, Cohoes and Waterford. Total track, 74 miles.
Annual Report—Years ending June 30th. (See V. 67, p. 951.)
;
AKRON
& CUYAHOGA FALLS
TRANSIT-A trolley road.
RAPID
&
STOCK
BONDS— Miles. Date. Interest. Outsfand'q. Maturity.
8tTk,$l,000,000.$100
$1,000,000
1st mtge., $600,000..
23 1895
6 p. c.
400,000 Sept. 1, 1915
West End Trust & Safe Deposit Co. (trustee). Philadelphia.
Road— 23 miles. Rails 66 lb. T. Pres. and Gen. Man., T. F. Walsh.
ALBANY,
Population 1890 was 93,313;
AND
IN
1870
WAS
N. Y.
in 1880
69,422.
was
Old Albany Railway.
90,758;
ALBANY
VALLEY RAILWAY—To be a & SCHOHARIE
road.
trolley
Organization, Etc— Chartered Nov. 15, 1895, under name of Albany Helderborg & Schoharie Electric Ry., to build a road from
Albany over the Helderburg Mountains to Middieburg and Schoharie,
with a branch to Clarksville, making altogether 45 miles. On Aug. 26,
1899, name changed to Albany & Sohoharie Valley Railroad Co. Is
also to carry freight. Stock authorized was increased from $300,000
to $1,250,000 in March, 1899; par $100. Road was to have been constructed during spring of 1899, but now is not expected to be in operation until July, 1900. The Albany Construction Co. (93 State Street,
Albany), which is building the road, increased its stock from $5,000 to
$250,000 in April, 1899. In Aug., 1899, N. Y. Railroad Commission
gave authority to tho road to issue $1,200,000 5 per oent bonds, $1,000 each, interest A&O. with City Trust Co. of N. Y. as Trustee.
Gross earns
Net
Other income.
Netincome
1899
1898
1899.
$46^4^4
$680,480$627,586 Interest
238,084 228/91 Tax.ren'ls.etc. 61,212
.
1898.
$41,795
59,424
122.500
1,424
8,232 Dividends.. .. 126,875
239,508 236,324 Bal.foryr... sur.4,937 aux.12.604
Old Troy City Railway.
Yr. end. June jo. 1899.
Grossearn'gs..$560,784
Net
237,848
Other income..
6,924
1898.
189!>
I
1898.
$526,066 Int.. taxes, etc. $1 45,164 $142,316
20,000
80,000
247,679 Dividends
30,107
4,744 Bal., sur. year 79,(508
LATEST EARNINGS— United Traction— Nine mouths to March 31.
Charges
9 nios. —
SurplusOross
O'/i. Inc.
Net.
1900
$972,146 $349,457 $8,091 $187,537 $170,011
1899
185,796
912.970
353,893
6,508
174.605
OFFICERS— Pres., Robert C. Pruyn, Albany; Vice-Pres., Francis N
Mann, Jr., Troy; Sec, James McCredie; Treas.. John W. MeNamara,
Albany. Principal office, Albany— V. 67, p. 95 1 954; V. 69, p. 3S3,
I
|
,
541, 851, 909, 1147, 1300; V. 70, p. 77. 126, 330, 333, 431, 634, 793.
STREET RAILWAYS
6
ALEXANDRIA, VA.
1899.
ft
Taxes
Population 1890 was 14,339; in 1880 avas 13,659
in 1870
was
13.570.
WASHINGTON ALEXANDRIA & MT. VERWashington; overhead outside.
NON RY-Underground
&
STOCK
trolley In
Interest,
BONDS—
Date.
Outstand'g.
Maturity.
Stock, $1,000,000 (par $50)
$1,000,000
1st mort., $750,000, gold..
1895 5 g. F.-A.
700,000 Aug. 1, 1925
Trustee, Real Estate Trust of Phila., pays Interest.
ROAD.— Operates from Washington, D. C, (13Jfl St. & Pennsylvania
Ave.) to Mt. Vernon, 17 miles; extensions to Arlington Cemetery and
Rosslyn, Va., etc, 8 miles; total track, 25 miles; T rails.
Officers.— President and General Manager, Griffith E. Abbot;
Secretary, Frank K. Hippie; Treasurer, J. K. Swartz; Supt., J.Colvln. Office, Alexandria. Va., and Washington D. C.— V. 61, p. 474.
ALLENTOWN,
PA.
LEHIGH VALLEY TRACTION-A trolley road.
Organization.— All the lines in and around Allentown were on
Nov. 17, 1899, merged in a new company (incorporated in Pennsylvania) called the Lehigh Valley Traction. These lines were formerly
operated by the Allentown & Lehigh Valley Traction and comprised
the following companies:
Allentown & Bethlehem Rapid Bethlehem & 8. Bethlehem St. Ry.,
Transit,
Catasauqua & Northern St. Ry.,
Lehigh Valley Traction.,
Allentown & Emaus Street Ry.,
Allentown Passenger Ry.,
South Bethlehem & Hellertown
Bethlehem & A-llentown St. Ry.,
Street Ry.
Also owns a majority of the stock of the Allentown Electric Light &
Power Company. Owns Ritterswlle Hotel Co. & Park. The Bethlehem & Nazareth St. Railway is leased.
&
Bonds—
Date.
Outstand'g.
Maturity.
$3,000,000
Leh.Val.Tr M.,$3,000,000 1899 4 g.J & D
3.000,000 Dec.'ii 1929
c* $1,000, gold
5 Int. at Guar. Trust Co., New York, trustee.
Bonds—Any or all bonds may be redeemed at 105 on six weeks'
notice. Harvey Fisk <fe Sons of this city and W. H. Newbold's Son &
Co. of Philadelphia sold a block of the bonds in April, 1900.
ROAD— Owns 40 miles of road and 53 miles of track in the Lehigh
Valley. Also leases the Bethlehem & Nazareth Street Ry., 10 miles.
Interest.
Stock, $3,000,000, par $50
)
Gauge, 4
ft.
8^
in.;
60 and 70
lb.
T and
girder rails; 70
motor
cars.
Annual Report.—For calendar year 1899
net earnings above expenses and taxes were reported $162,412. For year ending June 30,
1899, Allentown & Lehigh Valley Traction earned, gross, $258,450;
net, $113,554; interest, taxes, etc., $94,703; balance over charges for
year, $18,851.
OFFICERS— President, Albert L. Johnson, New York; Vice-Prest.,
C. M. Bates, 71 Bioadway, New York; Secretary and Treasurer, J. E.
Kenny.-V. 65, p. 1218; V. 68, p. 976; V. 69, p. 794, 954, 1103; V. 70,
p. 229, 841.
ALTON,
in 1870
ILL.
was
Orqanization—This company was organized in 1899 to operate
street railways in Madison and St. Clair counties (111.) and to furnish
gas, electricity, steam and water, for light, fuel, power and district
heating, and to operate parks and pleasure resorts. On Aug. 7, 1899,
company was consolidated with the Alton Railway & Illuminating
Company. See V. 68, p. 1178 and V. 69, p. 282. Also bought from the
bondholders of the old Alton Gas & Electric Light Co. the property of
that concern sold at foreclosure July 1, 1899.
Date. Interest. Outstanding.
Maturity.
STOCK
BONDS
Stock, par $100
$500,000
Alton Improv. Asso. )
1889
5 M-S
20,000
Sept., 1904*09
1st M., cur
s Interest at Alton Savings Bank.
Ry.
111.
M.,
A-0
Alton
&
1st
5 g.
) 1895
230,000
Oct. 1, 1915
$250,000, g., $1,000. c* 5 Interest at Manhattan Trust, New York.
Alton Ry. Gas & Elec. > 1899 5 g. A-O
163,000
Oct. 1, 1939
Co.,M., c.*, $500,000. S Int. at Interna'l Bkg. & Tr. Co., N. Y., trustee.
The new mortgage for $500,000 is to retire existing debt and for
other purposes.
ROAD and PROPERTY— Owns 12 miles of single track equipped with
overhead trolley, and laid with 56, 60 and 70 lb. rails, serving Alton,
Upper Alton and North Alton. Oars— 13 electric-motorcars and 2 trail
cars. In May, 1900, the crosstown and cemetery extension of 3 miles
was completed and put in operation. The extension to East Alton is
deferred owing to the high price of material. Owns "Rock Spring
Park" of 22 acres, with lagoon, pavilion and green houses and
" Athletic Park" of 5 acres, with track and ball grounds; operates 135
open arc and 75 enclosed arc lights, 8,000 incandescent lights and 175
H. P. motors. Gas plant capacity 75,000 cubic feet per day. Heating
plant capacity, 75,000 feet of radiation.
Annual Report— For years ending Sept. 30, earnings of Alton Railway & Illuminating Co. have been
1899.
1898.
1897.
1896.
Earnings—
Railway
—
Electric Light
$
52,31164
& Power... 28,230 86
Other earnings
27153
$
48,888 12
1896.
tt
2,33863
2,624 84
1,96211
1,66490
37,593 09
32,656 35
15,047 78
33,962 49
14,39137
16,58157
30,163 64
11,956 28'
23,20172
17,«08 57
17,380 92
18,207 35
Latest Earnings— ? 1900
Gross, $67,515; net, $31,292
8 mos. to May 31.
$1^99
Gross, 51,052; net, 25,295
OFFICERS—President and Treasurer, J. F. Porter; Vice-President,
O. S. Stowell: Secretary, H. S. Baker, all of Alton.—V. 66, p, 615; V
68, p. 1178; V. 69, p. 282, 332, 1344.
ALTOONA, PA.
Population 1890 was 30,337; in 1880 was 19,710;
and in 1870 was 10.610.
Organization—Incorporated Dec. 12, 1892, and April 17, 1893, acquired by purchase $170,000 of the capital stock of the City Passenger
Ry. Co.; also owns 18'7 miles constructed under its own charter. Road
opened June 15, 1893. Controls Lakemont Park Co., stock $65,000.
Also owns Altoona Gas.
STOCK
BONDS— Miles. Date. Interest. Oulsta'g. Last Div.. etc.
Stock, $500,000, $50
$380,350 In'98-'99nonelst M. $500,000 gold ) I6I2 1893 5 g. J-J
480,000
July 1, 1923
$500 and $1,000. c. 5 Sink. fd. 1 p. c. yearly bds. subj'ct to call at 105.
Int. at Cassatt & Co., Phila., and 1st Nat. Bk., Altoona
Bills payable June 30, 1899, $34,057.
City Passenger Ry.
Stock, par$50
See text.
lnl898-9,5%
1st mortg'e $50,000, )
7*3 1892
5 J-J
50,000
Jan. 15, 1912
r. S Interest by Treasurer, Altoona.
$1,000
Capital stock of Passenger Railway is $200,000, of which on June 30,
1896, $174,550 was owned by Altoona & Logan Valley Electric Ry.
Bonds Sink. fd. on Altoona <6 Logan Valley Electric Ry. Oo. 1st M. 5s
commenced July 1, 1894; not less 1 p. c. par value of outstanding'
bonds must be appropriated out of net earnings to retire bonds at or
below 105 and accrued interest.
Dividends— In 1896 paid 2*a per cent; in 1896-97 paid 2*2 p. c; in
1897-98 and 1898-99 none.
ROAD—In 1899 Was operating 26-2 miles of track (of which 7*«
miles owned by City Passenger Ry.) connecting Altoona, Bellwood and
Hollidaysburg.
Annual Report.— For years ending June 30, on 19 miles owned
1898-9.
1898-9. 1897-8.
1897-8.
Gross earnings .$8->,782 $79,338 Taxes, etc
$4,142 $4,741
Net earnings
40,105 Sinking fund
)
46,911
5 5,000
ft q-Interest paid
25,000
25,275 Other expenses.. \
<
Bal. for year..sur.ll,394 sr.5,089
The City Passenger Ry. for year ending June 30, 1899, had, gross
$71,466 net, $20,587; surplus over charges, $9,856. Paid in dividends, $10,000.
OFFICERS— President, John Lloyd; Secretary and Treas., C. A. Buoh..
V. 69, p. 590.
&
;
—
'
;
—
AMHERST, MASS.
AMHERSTChartered
& SUNDERLAND STREET RYPlans provide
8,665.
ALTON RAILWAY, GAS & ELECTRIC-
&
ft
Population IN 1890 WAS 4,512; in 1880 was 4,298;
AND in 1870 WAS 4,035.
Population in 1890 was 10,294; in 1880 was 8,975;
and
Net, surplus
1897.
ft
ALTOONA & LOGAN VALLEY ELECTRIC
RAILWAY-A trolley road.
Population 1890 was 25,228; in 1880 was 18,063;
and in 1870 was 13,884.
STOCK
Interest
1898.
$
$
44,222 49
28,26194 27,714 38
436 50
1,258 55
34,705 43
27,030 32
61,735 75
29,907 21
in 1896.
for about 8OrQANIZATION.—
miles of single track from Amherst, Mass. In 1900 road not yet
entirely completed. Road in Amherst (about 4*5 miles) opened in
July, 1897.
Stook authorized, $50,000; outstanding, $22,000.
First mortgage bonds for $21,500 issued Feb. 1,1898, and used as
collateral for bills payable, also a note for $2,500, making total debt,
$24,000. Gross earnings from operation for year ending Sept. 30,
1899, $11,214; net, $2,479; taxes, int., &c, $1,636; bal., sur., $843.
In 1898 gross, $10,601; deficit from operation, $1,749. President, W.
D. Cowls; Vice-President and Treasurer, M. A. Dickinson; Clerk, Chas.
H. Edwards; Supt. and Gen. Man., L. N. Wheelock.
AMSTERDAM,
N. Y.
Population 1890 was 17,336; in 1880 was 9,466;
and in 1870 was 5.426.
STREET RR.-A
AMSTERDAM
Chartered Feb.
1873.
Organization—
Stock & Bonds—
Date.
Stock $250,000 ($100)
mort $200
000 gom
eold
$^uo,uuu,
1st mort.,
Accts. payable
Loanspayable
(
trolley road.
5,
.
.
c* J
.c
j
Interest. Outstand'g.
$250,000
159,000
1898 4-5g.A-0
Morton Tru9t Co<) N>
Dec. 31, '99)
do
Y
.,
Maturity.
Oct. 1,
trustee.
1920
1,994
10,800
Bonds.— In Oct., 1898, the mortgage debt was re-arranged, the old
6s being retired and new mortgage bonds being issued in their stead.
Of the new 1st mortgage bonds $50,000 are 5s and $109,000 4s, the
latter to receive 3^ per cent additional interest, if earned, to equalize
the sacrifice of 1 per cent on the interest rate. For back interest
from October, 1893, $20,000 1st income and $30,000 2d income 5s,
due 1920, interest J. & J., were given. No back interest on incomes
paid to June, 1900.
ROAD-— Owns 4-7 miles of track. Rails 48 lbs.
Gross, $23,783; net, $4,919
Latest Earnings-? 1900
.Gross, 22,070; net, 5,380
Dec. 1 to April 30. J 1899
Earnings— For year ending November 30, 1899, gross, $58,520;
net, $15,307. In 1897-8, gross, $53,905; net, $14,043. In 1896-97,
gross, $49,264; net, $11,048. In 1895-96, gross, $49,021 net,$10,168.
OFFICERS— President, John S. Wise; Secretary and Treasurer, R. G.
Day; Manager and Purchasing Agent, E. F. Seixas. Office. 20 Broad
St., N. Y. City.
;
Total
Operating expenses
80,814 03
39,187 04
77,586 56
35,759 84
Netearnings
Legal expenses, &c
41,626 99
40,82672 36,322 93 31,823 54
5,545 53
398 33
1,695 27
39,931 72
35,281 19
73,195 42
36,872 49
35,924 60
31,828 54
AMSTERDAM-HAGAMAN
V. 70, p. 1048.
TRACTION.-See
STREET RAILWAYS.
ANDERSON,
ASBURY PARK,
IND.
Population of township 1890 was 8,333;
See Muncie, Marion, Elwood.
POPULATION IN 1899 (LOCAL ESTIMATE) WAS 25,000;
1890 was 10,741; in 1880 was 4,126
and in 1870 was 3.126.
UNION TRACTION
Map, Page *.— A
OF INDIANA.
CO.
Branch, N.
oi
See
trolley road.
Organization.—The Union Traction Company of Anderson was
chartered Sept. 3, 1897, and commenced operations Jan. 1, 1898. In
July, 1898, it absorbed Anderson Elec. 8treet Ry. and in Jan., 1899, the
Elwood Electric Street Ry., and in June, 1899, the Marion City Ry.
In June, 1899, was consolidated with the Muncie Anderson & Indianapolis Street Railway [organized to own the franchises in Muncie and
build a line from Muncie to Indianapolis] under the title of the Union
Traction Co. of Indiana. V. 69, p. 82. The purpose is to combine the
electrio lines of the Indiana gas belt. The Citizens' Street Railway of
Muncie, Ind., has also been absorbed.
Date. Interest. Outsl'd'g Mahirity.
BONDS—
STOCK
$4,000,0<
Stock, $4,000,000, common
1892 6g. J - J
Anderson Eleo. St. 1st M., g. >
150,000 July 1,'12
c s Int. at Farm. L. & T. Co., Trus.,N.Y.C.
($1,000 each) assumed
UDOie) 1St
° rt
C e
!897 6g. J-D
244,000 Dec. 1, '27
£* 1
n ooo
Interest at Guar. Trust & Safe Deposit
I
oftUatilOfi
subject to call
f. anbteet
at $105,
S. 1
philadelnhia. trustee.
c
Philadelphia,
Co.,
denom. $500 and $1,000..
18
- $400 00 °
e
goia uu.uuu)
c imt
< Mortgage trustee, Francis A. Palmer.
New mortgage, $5,000,000, > 1899 5 g. J&J 3,440,000 July, 1919
gold
Int. at City Trust Co., N. Y., trustee.
S
BONDS— Of the $5,000,000 new mortgage, $800,000 are reserved for
underlying bonds, $3,440,000 have been issued to acquire properties
and for the improvements now under way, and $760,000 are held for
future needs.
Road— At present embraces about 100 miles. Besides the city lines
in Marion, Anderson, Muncie and Elwood, operates an interurban
road from Anderson (via Linwood, Alexandria, Summitville, Fairmount, Jonesboro, Gas City and Soldiers' Home) to Marion, with a
branch from Alexandria (via Orestes and Dundee) to Elwood. The
interurban lines aggregate about 44 miles out of the 100 miles operated.
Additional mileage at present under construction and expected to be
completed by Sept 1 5, 1 900, is 63 miles as follows: From Anderson east
to Muncie, 17 miles (via Chesterfield, Daleville and Yorktown), and
from Anderson southwest to Indianapolis, 36 miles (via Pendleton,
Ingalls, Fortville, McCordsville, Oaklandon, Lawrence and the State
Fair Grounds). Also 5 miles Frankton Branch and 5 miles Middletown
Branch. Construction of these lines and of a large cential power
station, with necessary storage batteries at Anderson, to be operated
on a three-phase system, with sub-stations likewise equipped with
storage batteries is apptoaohing completion. The new station will
replace the stations in the various cities and towns. The bonds above
mentioned will provide for these extensions, and also for the new
power station; $1,000,000 cash for new construction is on hand.
EARNINGS— The following earnings are on the 100 miles of completed
road only. It should be noted that the reconstruction of the power
house and lines interfered not only with traffic but also with the economical operation of the road.
Six months ending Dec. 31, 1899
Gross earnings
$222,895 02
Operating expenses, including taxes
112,640 48
&
m
«A
f-
"SS'cSW M
'
^t Jf^Bro^^ffiffS
:
Net earnings.
Other income
$110,254 54
20,439 02
Total
$130,693 56
Interest on $4,234,000 bonds as above, being total issue
outstanding, except those reserved for future needs
109,820 00
Surplus.
20,873 56
OFFICERS— President, Philip Matter, Marion, Ind.; Vice-President,
Jas. A. VanOsdol, Anderson; Secretary and General Manager, Charles
L. Henry, Anderson, Ind.; Treasurer, George F. McCulloch, Muncie,
Ind. Directors, the foregoing and Randal Morgan, Philadelphia,
Frederick Strauss, New York, Wm. C. Sampson, Muncie. General
ottices, Anderson; transfer offices, Company's oflioe Anderson, Indiana,
and Real Estate Trust Co., Philadelphia.— V. 67, p. 224, 372; V. 68, p.
1227; V. 69, p. 82, 334.
ANN ARBOR,
MICH.
Population 1890 was 11,071; in 1880 was 8,061;
and in 1870 was 7,363.
iu
May, 1898, by Detroit Ypsi.
& Ann Arbor.
RY.-See Long
Controls the Seashore Electric By.
J.
RR. -Electric road.
ASBURY PARK&SEAGIRT
Asbury Park
<fe Belmar Street
Ry.,
Organization— Successor of the
purchased at foreclosure sale in March, 1*98, in interest of Atlantio
Coast Electric Ry., which, since Sept., 1898, has operated cars over it
under 99 years' lease, rental being interest on bunds and 6 per cent
on stock.—V. 66, p. 616. Owns 2^a miles of track. Stock, $100,000;
par, $100; dividends, J-J, first dividend being payable Jan. 1, 1S99.
Bonds are 20-year $50,000 gold coupon 5s, dated March 1, 1898, interest, M-S, being guaranteed and payable at Monmouth Trust Co.,
Asbury Park, trustee. Bonds are subject to call at 105 at any time.
OFFICERS— President, J. E. Comins; Secretary and Treasurer, H. B.
Perine.
INDEX-V.
66, p. 616.
SEASHORE ELECTRIC
RY.-A
trolley road.
in 1888, and has franchise to operate a
double-track street railway in borough of Asbury Park for 50 years,
with provisions for renewal at end of that time. Owns 573 miles of
Organization—Chartered
track.
Leased in 1896 for 50 years to Atlantic Coast Electric Railway
—which owns $150,000 of the stock and operates this road as part of
Dividends in 1899 5 per cent.
its system— see under Long Branch.
Date. Interest.
Outstanding.
Maturity
STOCK & BONDS—
Stock issued and paid in
$200,000
"
1917
1st
$200 ' 000 auth ( 1892 6 « J J Subject200,000
to call at 105 in 1897
lw"i»r
1
goia,
guar
Int.is payable at FirstNat.Bk., Asbury Park
Atlantic Coast Electrio first mortgage 5s for $200,000 are reserved
to retire the above 6s.— V. 63, p. 152.
M
*
'
(;
ASHEVILLE,
N. C.
Population 1890 was 10,235; in 1880 was 2,616;
and in 1870 was 1.400.
ASHEVILLE STREET R AIL WAY-Trolley road
Organization—J.
STOCK & BONDS
E.
Raskin
is
Date.
Stock, common
Pref. stock, 6 p.
c.
IstM
$50 000
1st M., $50,000
($5001
($ooo)..
Receiver.
Interest.
Outstanding.
.. $
^
c*
ROAD— Operates 6^
1888
6J - J
Int erest at Atlantio Trust,
1893
6
J-J
all
1,
New York
1918
City.
1,
1903
owns 15
cars,
73,500 July
miles of track, including sidings;
including 1 trailer.
Earnings-— In year 1899 gross from
penses, $49,024; net, $2,441.
Maturity,
$100,000
200.000
26,500 July
cum
Mortgage
sources, $51,465;
total ex-
ASHLAND, WIS.
1880 was
ASHLAND LIGHT, POWER AND STREET
troUey
Population 1890 was 9,956, and
RAILWAY-A
in
951.
road.
Organization— Chartered in February, 1896, as successor to Ashland
Lighting & Street Ry. Owns exclusive electric light and gas rights in
city, and bonds cover lighting plant. Population in 1895 said to be
12.690.
STOCK
&
Bonds—
Date.
Interest.
Outstand'g.
Maturity,
$150,000
IstM., $150,000, gold)
1896
Jan. 2, 1916
5g. J.-J.
110,000
($l,000),s.f.,red.l04.o 5 Interest at Old Colony Tr., Boston, trustee.
EARNINGS— For year ending Ootober 1, 1899, gross, $46,492. Year
ending Oct. 1, 1898, gross, $39,638. The gross earnings of the old
company for the year ending Sept. 1, 1894, were $64,446.
Road— Operates 6 miles of trolley track.
OFFICERS— Pres., G. W. Harrison; Sec. and Treas., G. F. Merrill.
Stook, $300,000 ($100)
ASHTABULA, OHIO.
Population 1890 was 8,338 in 1880 was 4,445
and in 1870 was 1.999.
;
ASHTABULA RAPID TRANSIT-
OrQANIZATION— Chartered Oct. 7, 1890. According to company's
statement, population of city in 1895 was 12,240.
STOCK
BONDS— Miles. Date. Interest. Outstanding. Maturity.
Stock
$150,000
IstM., $75,000, gold, < ....
1891 6 g. J-J
75,000 July 1, 1911
c*<fcr \ Int. at Central Trust Co., Trustee, N. Y. City.
1,000
Road— Operates 5 miles of track on 5 miles of street.
OFFICERS— President, F. B. Wagner; Vice-Pres., F. J. Wettach; Treaa.,
E. W. Savage.
&
ASTORIA, OREGON.
ANN ARBOR & YPSILANTI ELECTRIC RY.
—Absorbed
J.
1^80 was 1,640.
ATLANTIC COAST ELECTRIC
IN
Population of distinct served 150,000 to 175,000, exclusive
Indianapolis (200,000).
N.
in
Population 1890 was 6,184; in 1880 was 2,803;
and in 1870 was 639.
See Detroit.
ASTORIA STREET RAILWAY-A trolley road.
Organization—Chartered Nov.
ANNISTON, ALA.
Population 1890 was 9,998;
in 1880
was
942.
ANNISTON ELECTRIC & CAS CoIncorporated
Organization—
in 1899 under New Jersey laws, to
take over the Anniston Electrio Co. f operating the Noble Street line),
and the Oxford Lake Line, sold at foreclosure August, 1899; also acquired at receiver's sale the Annitton Gas and Light Co.
STOCK AND BONDS—
Date Interest. Outstnnd'g.
Maturity
Stock, $250,000 ($100)
$250,000
1st mortw, $ 100,000 ($100, ?
1899 5 g. J-D
19v?.0O<> Dec 1, 1929
$a00) gold,
SInt. at Bait. Safe Dept & Tr. Co., Trustee.
Road— Iu June, 19C0, was operating 9 miles of road from Anniston
to Oxford Lake, including 4 miles of traok on city streets.
Officers.— President, H. C. Lewi*; Seo. and Treaa., H. M. Francis,
Sohenectady, N.
Y.;
Gen. Manager,
V. 68, p. 928; V. 69, p. 283.
Howard W.
12, 1887.
Dec. 18, 1899, the Security Savings & Trust Co. of Portland,
Ore., brought foreclosure suit on the $25,000 6 p. o. mortgage of 1892,
on whioh 8 years' interest was due. C. A. Coolidge of Portland was
appointed receiver.— V. 69, p. 1344.
Road is advertised to be sold on July 2. 1900.
STOCK
BONDS— Miles. Date. Interest. Outstand'g. Maturity.
Stock, $200,000
$55,000
J5.000 May 2, 1912
1st M., $25,000, gold.
1892 6 g. M-N
3
Interest is payable at the office of the Security Savings & Trust Co.
(trustee), Portland Ore. From 1899 to 1906 one bond must be called
yearly at par; from 1907 to 1909 three bonds yearly, and in 1910
and 1911 four bonds yearly.
ROAD— Operates 3 miles of traok.
OFFICERS— President, J. W. Conn; Vice-President, W. A. Sherman;
Secretary and Superintendent. F. W. Newell; Treasurer, F. R. Stokes.
—V. 69, p. 1344.
On
-exton, Anniston.—
&
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STREET KAILWAYS
ATCHISON, KANSAS.
reserved to take up these bonds and the $225,000 of Atlanta St.
Ry. lsts.
ROAD and Plant.— Operates 52 miles of main track and 13 miles of
sidings and second track.
Company in May, 1900, was seeking franchise from City for
public and commercial electric lighting (part of the proceeds of the
new bonds being intended to provide the means for this purpose), but
in June, 1900, it was reported that the company would not accept the
terms proposed by the Aldermanic Board.— See V. 70, p. 1194.
Latest Earnings—Jan. l to April 30—
Gross.
Net.
Charges.
Surplus.
4 months.
$149,408
$65,399
1900
$47,332
$18,067
50,183
124,808
41,458
1899
8,725
Annual Report— Fiscal year ends Dec. 31; changed in 1897 from
April 30. For year ending Dec. 31, 1899, results were: Gross, $491,563; net, $254,710; fixed charges, $129,485; surplus, $125,225.
Balance Sheet— On Dec. 31, 1899, the balance sheet showed:
is
Population 1890 was 13,963; in 1880 was 15,105;
in 1870 was 7,054.
LIGHT & POWERATCHISON RAILWAY,
electric railway, lighting and gas properOrganization—Controls
Atchison. Successor in 1895 to the Atchison Railway, Electric
Light & Power Co. In 1897 purchased Forest Park and other property for $125,000. Population, local census of 1898 was 17,108.
Maturity.
^tock & BONDS— Miles. Date. Interest. Outstand'g.
$300,000
8tk.$300,000,pr.$100
1st M., gold, $1,000,
int. at Exch. Nat.
150.000 July 1,1915
1895 6g.,J&J
Bank, At<hlson
ties of
1897
....
(?)
Consol. mortgage
Trustee of 1st mortgage, Mercantile Trust Co., N. Y.
ROAD— Operates 8 •« miles of track on 8 miles of road.
In 1899 (estimated), gross, $81,346; net, $39,310; in 1898, gross,
$70,000: net, $33,450.
OFFICERS— President,
gener; Treasurer, 0.
8.
P.
Wag
Pomeroy: Vice-President, W. P.
Hotherington.
Materials on hand....
Cash items
Miscellaneous
Plant
trolley road.
ATHENS ELECTRIC RAILWAY-A
foreclosure
in June,
sale
at
1894.
June, 1895. Has oontraot to furnish arc lights
to city; also incandescent lamps to private parties. Uses water power
for generating electricity.
BONDS— Capital stock, $50,000, fully paid. Bonds, first
STOCK
mortgage, gold, $100,000; outstanding Jan. 1; 1900, $93,000; denomination $500, 6 per cent coupon J. & J.; dated July 1, 1896, due
July 1, 1916. Columbus Savings Bank of Columbus, Ga., trustee. In.
terest payable in Columbus or Athens.
PLANT— Owns 6 miles of track; 40-lb. and 70-lb.T rails and 701b.
girder; 10 motor cars; lighting and power planx, 700 horse power; 55
miles copper wire on 15 miles of poles.
EARNINGS— In 1899 earnings were $15,263 gross and $7,896 net
from railway, $13,458 gross and $10,726 net from light and power,
and $4,936 gross and $2,581 net from city lighting. Total for 1899,
$33,657 gross and $21,203 net, against $30,680 gross and $18,775 net
for 1898.
OFFICERS— President, J. Y. Carithers; Vice-President, W. S. Holman;
Secretary and Treasurer, W. T. Brvan; Gen. Manager and Purchasing
Agent, C. D. Flanigen. Supt., H. M. Hughes.
&
ATHOL, MASS.
in 1880
was 4,307
3.517.
ATHOL & ORANGE STREET RAILWAY
A trolley road.
ORGANIZATION—This company owns and operates 7'32 miles of electric track, extending from town of Athol to centre of Orange, Mass.
Completed Oct. 1, 1894. Its securities, etc., are shown below.
$74,500
f.
p.
1st M. i$l,000), gold, '94.. $60,000
5g., J&J, (no option) Jan. 1, 1915
Int. at Old Col. Tr. Co., Boston
Our. liabilities Sep. 30,'i)9. $2,000
" assets Sept. 30, '99...
3.314
Earnings years end. Oct.
1899.
Gross
1:
1898.
$29,555
10,096
$29,339
Net
10,853
Int., taxes, etc.
3,271
5,003
Dividends
4,800
4,800
In Nov., 1899, Mass. RR. Commissioners gave permission to increase
stock $14,500 to $74,500. Stock sold at $125 per share.
DIVIDENDS— In 1895. 5 p. o.j in 1896, 1897, 1898 and in 1899 8 p. o.
Officers— George D. Bates, President, Athol, Mass.; Albert N. Ellis,
Treasurer and Corporation Clerk, Athol. Mass.
ATLANTA, GA.
Population 1890 was 65,533; in 1880 was 37,409;
and in 1870 was 21.789.
ATLANTA RAILWAY & POWER-A trolley road.
is the old Atlanta Consolidated Street Railway, incorporated in 1891 and name changed as above July 1, 1899.
A consolidation with the Atlanta Railway and the other street oar
lines in Atlanta had been arranged under the new name; but injunctions prevented the consummation of the plan, and in Jan., 1900, the
scheme was abandoned.— V. 70, p. 125.
The Trust Company of Georgia (Joel Hurt, Prest.) owns both the
Atlanta Railway & Power and the Atlanta Railway.
A sharp contest was in progress in 1899 between the Atlanta Railway
Organization—This
& Power
Co., representing the consolidated lines of Atlanta, and the
Collins Park & Belt RR., which latter was seeking franchises covering
the principal streets of Atlanta. In August, 1899, the Collins Park
road was successful in obtaining
&
(par
BONDS-
Date.
its
franchises.
Outstanding.
Maturity.
Stock
$100)
$2,000,000 paid in
Atlanta St, RR. first < 1890
6g. J.-J.
225,000 July 1, 1920
gold $1,000
I Interests payable in New Yorkat4th Nat.Bk.
Atl Cons. 8t. Ry. 1st f
cons. M., $2,500,1899
5 g. J.-J.
2,025,000 July 1, 1939.
<>00,g,($l,000 each) { Interest payable in N. Y. at N. Y. Sec & Tr. Co.;
Subj. to call after 5
also at Mere Tr. & Dep. Co. of Bait., Trustee.
years at 107i«....c*
Atl. Ry. A Power 1st 5 , orin
_
,_._
.„
£1900 5g
1940
(1)
$5,000,000
The Mercantile Trust & Deposit Co. of Baltimore, together with Atlanta capitalists, in May, 1900, contracted to purchase $2,500,000 of
the new 5s of the Atlanta Ry. & Power, but in June, 1900, no bonds
had yet been issued. The $2,025,000 of Atlanta Consolidated St. Ry.
5s of 1899 are to be called in 1901.
Until then company has stipulated to pay no dividends. V.70, p. 1018. $2,250,000 of the new Issue
Interest.
I
1.
,.
Bond account
Miscellaneous items
Profit and loss, sur
$4,789,326
Total
$2,000,000
2,250,000
37,457
501,869
$1,789,326
Vice-Pres., T. K. Glenn;
Treas., R. J. Lowry; Supt., H. N. Hurt; 8upt. of Construct'n, W. II.
Glenn.— V. 63, p. 27; V. 67, p. 72, 1355; V. 68, p. 84, 770, 1179; V. 69,
p. 77, 491, 1010; V. 70, p. 125, 1048, 1194.
ATLANTA ELECTRIC
New charter granted
;
Capital stock
OFFICERS— President, Ernest Woodruff;
Organization— Purchased road
Population 1890 was 6,319
and in 1870 was
$40,773
179,907
2,599
4,566,047
Total
Population 1890 was 8,639; in 1880 was 6,099;
and in 1870 was 4,251.
STOCK
Liabilities.
A HHCtS
J.
ATHENS, GA.
Stock (par $100)
9
RY. -A trolley road.
ORGANIZATION— Operated by Atlanta Railway & Power for a division
of receipts. Stc ck was $1 00,000 and first mortgage gold coupon bonds
$30,000, due in 1906; miies of track, 3, and leases Lakewood Park. Sold
at foreclosure in 1898, but in Nov., 1899, a re-eale was ordered, which
will take place
Aug.
5,
1900.
ATLANTA RAILWAY.-A trolley road.
ORGANIZATION— This company was a reorganization July 1, 1895, of
Atlanta City St. Ry. and the Atlanta Traction Oo., foreclosed in 1895.
Controlled by the Trust Co. of Georgia, which also controls the At
lanta Ry. & Power. Plan for consolidation with latter abandoned in
Jan., 1900.
Date.
Interest.
Outstanding.
Maturity.
Bonds—
Stock
&
1st.
.
mortgage, $350,000,
gold,
$500
5 g. M-S
300,000
Sept. 1, 1925
Trustee, Baltimore Tr..& Gu. Co., Balt.,Md.
Trustee in escrow for future improvements.
\
1895
5
BONDS—$50, 000 held by
ROAD— Owned about 19 miles of
track on 18 miles of street in city of
Atlanta, Ga., and environs. Also owned 23 acres of unimproved real
estate, 23 motor cars and 10 trailers.
Power is supplied by the
Georgia Electric Light Co.
Earnings— For years ending June 30 have been:
Years.
Oross.
Expenses.
Net.
Charges.
Surplue.
1898-9
1897-8
$95,466
93,204
—V. 60, p. 927, 1143;
p.
$6*,976
73,918
V. 67, p. 1054;
$15,000
15,000
$30,490
19.286
$15,490
4,286
V. 68, p. 770, 821, 1179;
V. 69.
491.
ATLANTA RAPID TR ANSIT.-An
electric road.
Organization— Formerly the Collins Park & Belt JRR. June 1,
1900, owned and operated 13 miles of track, laid with 90-lb. girder
rails, in and around Atlanta.
Much new mileage projected. Constitutes an opposition line to the old roads, namely the Atlanta Railway
& Power and the Atlanta Railway. In 1899 was granted franchises
by Atlanta City Council on 7 miles of streets within the city limits,
2*2 miles of
which have already been
built and put in operation. 8ee V.
Franchise provides that in case of consolidation with another road both companies are to pay 5 per cent of gross receipts to
city. Also, that company cannot be subjected to any tax on gross receipts until the Atlanta By. & Power Co. can be compelled to pay the
same tax. Construction on the rest of road and extensions is temporarily held up by litigation.
The routes laid out render necessary
the condemnation of tracks of the Atlanta Ry. & Power. The latter to
prevent this applied for an injunction. Judge Newman, of the U.S.
District Court on May 1, 1900, decided in favor of the Rapid Transit,
but the Ry. & Power Co. has appealed. In June, 1900, Rapid Transit
Co. began selling 3 tickets for 10 cents.
Officers.— President, C. J. Simmons; Secretary and Treasurer, H.
69, p. 491.
M. Atkinson.— V. 69,
p. 491, 905; V. 70, p. 945.
AUBURN,
N. Y.
Population 1890 was 25,858; in 1880 was 21,924;
and in 1870 was 17,225.
AUBURN CITY RAILWAY-A
trolley road.
In 1895 the old lires were
re-built and extensions made. The company owns Lake Side Park,
about 33 aores on Lake Owasco. Population of Auburn In 1895 was
said to be about 30,000.
Interest. Out stand' g. Maturity.
Date.
STOCK
BONDS—
Stock (par $100) $300,000
$500,000
Organization—Chartered
Oot. 1, 1886.
&
1st M., $300,000 ($1,000). o*) 1895 6g. F-A
300,000 Aug. 1, 1925
red. Aug. 1, 1905. at 105.. 5 Int. at W. End Tr. <fe 8. D. Co., Phlla., tr.
Bills payable June 30, 1899
52,855
Profit and loss deficit June 30, 1899, $23,265.
ROAD— Owns 13 miles of track extending along Seward Avenue,
North Street, eto. and from Genesee Street to foot of Lake Owasoo.
Earnings—For years ending June 30:
Oross.
1898-9
1897-8
Net.
Taxes.
Interest.
Balance.
$18,000
sur. $9,981
$70,481 $31,400 $3,419
2,364
20.805
sur. 3,808
62,772 26,977
Officers— Pr*sident, C. D. Beebe; Secretary and Acting Treasurer,
A. M. Michael. Index— V. 61, p. 749.
STREET RAILWAYS.
10
AUGUSTA, GA.
Stock
Stock
Population in 1890 was 33,300 in 1880 was 21,891
and in 1870 was 15.389.
;
AUGUSTA RAILWAY & ELECTRIC
trolley road.
CO.—A
„
Organization— A reorganization In 1896 of the Augusta Railway,
the Augusta Light Co. and the Thomson-Houston Co.
Maturity.
Date. Interest. Outstanding.
Stock & BONDS—
......;•
$600,000
Stock, par $100
1.000.000 June 1, 1940
Newmtg. gold, $1,000,000$ 1900 5J&D
c* < Int. atMer Trust & Deposit Co., Bait.
($1,000)
Bonds- Of the new mtge. for $1,000,000, $500,000 were used
to retire old bonds (which were subject to call at 105); the balance to
be used for improvements, &c. A syndicate headed by the Mercantile
Trust & Deposit Co. of Bait, contracted to purchase the entire issue,
the N. Y. Security & Trust of this city agreeing to take $500,000.
The bonds can be called in 10, 20 or 30 years from date at 105 and
Sinking fund is provided of H of 1 per
interest on 6 months notice
cent, beginning June 1, 1905, for 15 years, 1 per cent for next 10
years and 2 per cent for remaining 10 years.
Annual Report—For years ending Deo. 31 earnings were:
1897.
1898.
1899.
Gross.
$126,140
76,713
$100,859
73,319
$90,725
74,162
$202,853
Total gross
Operating expenses and taxes.. 114,281
$174,178
97,827
$164,887
97,692
$76,351
$67,195
From railway
From lighting
Net
$88,572
;
and
in 1870
was
in 1880
7,808.
was
Bonds—
Date.
Interest.
BABYLON,
BABYLON RR-Chartered
Owns and operates
Organization.—
Dock on Great South Bay
State
Maturity.
Text.
$120,000
100,000 July 1, 1910
1S90 6 J-J
1st mortgage for $100,000....
Interest payable in Boston; International Trust Co., Trustee.
(1891 4^ J-J $50,000 July f 1911
< Interest is payable at Maine Trust &
Consol. mortgage
Banking Company, Gardiner, Me.
(
BONDS—The consol. bonds were originally 6 per cents, subject to
call after 1896, but on Jan. 1, 1899, they were called in and re-issued
at 4^ per cents.
Stock $150,000— $100
Dividends, 1894-95, 2 p. c; in 1895-96, 3>a; in 1896-97, 4; in 1897-8,
4 p. c.
Road— Operates from Augusta to Gardiner, 7 miles.
ANNUAL REPORT— For years ending June 30th earnings were
1899.
1898.
1899.
1898.
$393
$388
Gross earnings.. $39,770 $40,620 Taxes, etc
9,160
18,548 Bal. for divs
7,506
Netearnings
16,524
4,800
9,000 Dividends
4,800
Intereston bonds 8,625
OFFICERS— Prest., J. Manchester Haynes, Augusta, Me.; Sec, H. G.
Staples; Treas. and Pur. Agent, G. E. Macomber; Bookkeeper, E. H.
4; in 1898-9,
I
Maturity.
N. Y.
4,739.
April 15, 1871.
1-53 miles, extending from
to L I. RR. Depot. Extension con-
templated of 38 mile to the village limits, to connect with Babylon &
North Shore RR. Operated since July 31, 1898, by Kinetic stored
steam motors.
&
Date.
Interest.
Outstanding.
Maturity.
BONDS—
STOCK
Stock, $25,000 ($25)
$25,000
l8tM..g., ($1,000) )
1898
5g. J-D
27,000
June 1, 1928
$600,000 auth. 5 Interest at Metropolitan Trust Co., N. Y., Trustee.
Earnings for 3 mos. ending Sept. 30, 1899, $689; operating expenses,
$1,390; fixed charges, $371. Net loss, $1,072.
OFFICERS— President, Arthur P. Dodge; Secretary and Treasurer*
Francis J. Oppenauer. N. Y. Office, 27 William Street.
RR.-To
be oper-
ated by Kinetic power.
Organization.— Projected from Babylon to Northport, 16 miles,
but in August, 1899, the N. Y. Board of Railrjad Commissioners
refused permission to build the road. Stock authorized, $160,000; par,
$100. President, Charles L. Easton; Secretary and Treasurer, Francis
J. Oppenauer. N. Y. Office, 27 William St.
8,665;
Outstand'g.
Outstand'g.
Population in 1890 was 6,035; in 1880 was
BALLSTON
Organization—Organized March 18, 1889, under laws of
&
Interest.
$350,000
343,000
Population
AUGUSTA HALLOWELL & GARDINER
RAILROAD—An electric road.
Maine.
STOCK
Date.
1st mortgage
1891
6 M-S
Sept." i", 1921
International Trust Co., mortgage trustee, Boston.
Road— Operates 13-34 miles of track on 10-27 miles cf road.
Officers— President, F. H. Watriss; Vice-Pres. and Treas., £. P
Wilmot; Sec. and Supt., Frank E. Scovill.—V. 64. p. 422; V. 70, p. 1248
AUGUSTA, ME.
Population 1890 was 10,527;
BONDS—
'.
BABYLON & NORTH SHORE
26*3 miles of track 15 miles of street.
OFFICERS— Pres., D. B. Dyer; Secy., C. O. Simpson; Supt., W. E. Moore.
INDEX— V. 60, p. 391; V. 61. p. 793; V. 62, 820, 907; V. 63, p. 115;
V. 70, p. 175, 1048.
Road—Operates
&
in 1890
was
SPA, N. Y.
3,527; in 1880
was
3,011.
BALLSTON TERMINAL RR.-A trolley road.
ORGANIZATION— Chartered March, 1896.
27, 1900, Frederick H. Beach was appointed
On Jan.
receiver, pending the adjustment with the contractors who are building the extension. In May, 1900, arrangements were being perfected for the
liquidation of the contractor's indebtedness, which will result in the
early discharge of the receiver.
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
Stock (par $100)
$300,000
1st mort., gold ($500 and J 1896 5g.J-D
250,000 June 1, 1926
$1,000 each) $300,000c* I Int. at Atlantic Trust Co., N. Y., trustee.
ROAD— 12^ miles; 2^ miles additional are projected, to provide
for which $50,000 1st 5s have been reserved.
Connects, by standard
gauge railroad, the many manufacturing establishments of Ballston
Spa and vicinity with the Delaware & Hudson RR., thus affording
transportation of freight to all parts of the country without breaking
&
bulk.
OFFICERS—President, F. H. Beach; Secretary and Treasurer Geo.
McOmber, Ballston Spa, N. ^ - V. 67. p. 369; V. 70, p. 229.
A.
.
|
I
BALTIMORE, MD.
I
Population in 1897 by police census was 613,965. By
U. S. Census in 1890 was 434,439 in 1880 was
332,313; AND in 1870 was 267,954.
Street Railways of Baltimore pay a Park Tax of 9 per cent of gross
earnings within old Oity Limits, and are required to pave between
tracks and two feet on each side.
;
Morrill.
AURORA,
ILL.
Population 1900 (estimated) was 27,000; in 1890 was 19,688;
and in 1870 was 11,162.
1880 was 11,873
UNITED RAILWAYS & ELECTRIC
IN
CO.
BALTIMORE.— (SeeMap Page 11.) Trolley road.
STREET RAILWAY.-An electric road. OF
Organization—Incorporated at Annapolis March 4, 1899, to consol-
AURORA Chartered
;
in September, 1890. Successor by purORGANIZATION—
chase to Aurora City Railway. Franchise (extended in 1896) running
The Aurora & Geneva is controlled
till 1916 without exclusive rights.
same interest.
Stock & Bonds—
In the
Date. Interest.
Ou'st'd'g
Maturity.
Stock ($300,000 authorized)
$300,000
300,000 Oct. 1,1910
1st M. for $300,000, gold, < 1890 6 g. A-O
c* I Interest at Cent. Tr. Co., Trustee, N.Y.C'y.
not subject to call
Bonds—The trustee holds 2,988 shares of Aurora City Ry. stock for
benefit of the bonds.
ROAD— Operates 18 miles of track, including 2 miles second track.
Earnings— Including Aurora & Geneva, earnings for the year ending
March 31, 1900, were: Gross, $103,817; net earnings, $34,878; taxes,
net , $26,218
$3,171; balance, $31,707. In 1899, gross, $95,067
taxes, $3,366 balance, $22,852.
OFFICERS— President & Treasurer, R. B. Dodson, 2 Wall St., N. Y.
Vice-Pres., H. C. Tinker; Gen. Man. and Purch. Agent, D. A. Belden.
;
;
;
AURORA
& GENEVA RY.— Organization—Charbuild from Aurora
July
Batavia
29, 1896, to
tered
and Geneva (10
to
miles) connecting with the Elgin City Carpentersville & Aurora. Line
Aurora to Batavia, 8 miles, in operation. Is controlled in the same
,
Aurora Street Railway. Building of extension to
restrained by temporary injunction secured by property
Interest as the
Geneva
owners
is
in
Geneva.
STOCK—
Dale. Interest. Outstand'g. Maturity.
Stock ($100,000 authorized)
$88,000
Officers— President, William Fahnestock; Treasurer, R. B. Dodson, 2
Wall St., N. Y.; Seo'y and General Manager, D. A. Belden, Aurora, 111.
AUSTIN RAPID TRANSIT RY.-A trolley road.
February 23, 1897.
Interest
is
in default.
In June, 1900, road
Evans appointed reoeiver
still
The company also controls by ownership of stock the York Road
Turnpike, the Charles Street Avenue Turnpike, the Harford Turnpike and the Baltimore & Jerusalem Turnpike.
Organized by a syndicate headed by Alexander Brown & Sons, see
Vol. 68, p. 230, and Vol. 68, p. 476.
The United Electric Light & Power Oo., of Baltimore, comprising the
electric-lighting plants of Baltimore, acquired by the same syndicate,
a separate concern, but in November, 1899, the United Rys. & Eleccommon stock in exchange for the $ .',000,000
common stock of the Light & Power Co. See statement of the Power
Co. below.
Date. Interest. Outst'nd'g. Div.or Matu'y.
Bonds—
Stock
is
tric Co. issued f 2,000,000
&
stock, $24,000,000,
$15,000,000
5J'ne,1900,2
iqa-joa
ldb,dUt>
4
Uess 14 p. c.
par, $50
1949
Inc.M.,g.,$l4,000,000,cuin.,)1899 4g.J.&D. 13,863,694
tax free, Maryland Tr. Co. > Payable at option after March 1, 1949
par,$50
Population 1890 was 14,575; in 1880 was 11,013;
and in 1870 was 4,428.
in 1890. Ira H.
ings.
Common
AUSTIN, TEX.
Organization—Chartered
idate the Baltimore Consolidated Railway Co. and the Baltimore City
Passenger Railway, which consolidation was effected the same day.
Comprises all the passenger railways in Baltimore City and Baltimore
County and lines extend into Anne Arundel County and Howard
County. Through the consolidation of the two roads named and
various prior consolidations with those roads, embraces the following:
Baltimore Catonsville & Elliootts Central Railway Company.
Gwynn's Falls Railway of BaltiMills Passenger RR.
more City.
Baltimore City Passenger Ry. Co.
Maryland Traction.
Baltimore Consolidated Ry. Co.
Pimlico & Pikesville RR.
Baltimore & Curtis Bay Ry.
Baltimore Gardensville & Belair Shore Line Electric Ry.
Walbrook Gwy nn-Oak&Powhatan.
Electric Ry.
Baltimore & Northern Elec. Ry. Co.
Also owns all the bonds of the Baltimore Middle River & Sparrows
Point RR. The latter company is in default, and the United Railways
& Electric Co., as owner of the bonds, is pressing foreclosure proceed-
in receiver's hands.
Preferred,cum.,$14,000,000,
.
J—
) Int. at Alex. Brown <fc fons, Baltimore.
c*($l,000)
1st con. M., g., $38,000,000 ) 1899 4g.M-S a22,393,000 March 1,1949
So
Balti($1,000); Continental Tr. > Interest at Alex. Brown & Sons,
more.
Co., Baltimore, trustee, c*)
STREET RAILWAYS.
11
STREET RAILWAYS
12
Stock
UNDERLYING SECURITIES.
STOCK
&
BONDS— {Con.) —
Dale. Interest. Oulst'nd'g. Div.orMatu't/.
Traetion-Ut ($1,000)) 1889 5 M-N 1,500,000 Nov. 1,1929
M., Tr. Mercantile Tr. &> Interest at»Natlonal Mechanics' Bank,
Bait.
Deposit Co..
c3 Baltimore.
Do Exten.&imp.($l,000)6s,>1891 6g. M-8 1,250,000 Sept. 1.1901
Int. at National Mechanics* Bk., Bait.
g. Trus.,Mer.Tr.& D. Co.c 5
5g.J-l) 1,750.000 June 1. 1942
1892
)
($l,O00)3s,
Do N. B. Div.lst
g.Tru8.,Mer.Tr.&Dep.Co.c 5 Int. at National Mechanics' Bk., Bait.
1,1906
Do Conv'tlbleg. bonds (not) 1896 5 g, M-N 538,000 May
M.) $800,00 red. aft. May £ Trustee, Mercantile Trust & Deposit Co.,
1,1901, at par ($1,000).. o* ) Baltimore. Int. Nat. Meoh. Bk., Bait.
City <£ Suburban Ry.bonds-\1892 5 g. J-D 3,000,000 June 1. 1922
1st mortgage, g., ($1,000) $ Int. at Alex. Brown & Sons. Baltimore.
Safe Deposit & Trust Co.. Bait., Trustee.
500,000 July 1,1916
J- J
Balt.Catonsv.<tEllicotfs Hills) 1896 5
Trustee, Safe D. & Tr. Co., Bait Int. at
>
1st M.. $500,000 prin. g.
National Meohanios' Bk., Bait.
)
1892
5 g. M-S 1,000,000 Sept. 1, 1942
Elevated-Ut
Roland
Lake
\
c*&r S Int'st at Alex. Brown & Sons, Baltimore
M.. cold ($1.000)
Baltimore Trust & Guaranty Co., Trustee
2,000,000 Nov. 2, 1911
Bait. City Pass.— 1st mort., 1891 5g. M-N
o* Interest at Nat. Mechanics' B'k, Bait.
$1,000, gold
Safe Deposit & Trust Co., of Bait., Trustee.
Baltimore City Pass.—
Certs, of indebt., $500,- ) 1897 4^g.M-N $500,000 Nov. 2, 1911
000, g. ($500 4 $1,000) $ Interest at Nat. Mechanics' B'k, Bait.
41.000 July 1, 1912
Central Ry.-lst M., $«00,- > 1882 6 J-J
000, sink, fd., currency... ) Subj. to call at 100 1m certain am'ts y rly.
Trustee Baltimore Safe Dep. <fe Trust Co. Int. at Nat. Meoh. Bk., Bait.
659,000 May 1, 1932
„„„ 1 1892 5g. M-N
Consol. mort.. $700,000, (
Int a*| Nati0 nal Mechanics' Bk., Bait.
gold ($1,000)
$ Mercantile Tr.&Dep.Co. of Balt,,Trustee.
600,000 Mar. 1, 1932
Ext. and Imp. 1st mort,, ) 1897 5g. M-8
Co., Bait.
$600,000,' *
g., ($1,000) .. > Trustee Is Bait. Tr. & Guar.
*
5 Int. at National Mechanics* Bk., Bait.
bBalt.Mid.Riv.aSpar.Pt.—
_ w
n ^ n nnn July
, rto _
300,000
1, 1925
5 g. J-J
1st Mtg., $300,000, gold) 1895
Co.
Trust
Maryland
Trustee,
c* \
($1,000).
* 1,250,000 Nor. 1. 1947
5g.
Bait. 4 North. JWec-lst M.,) 1*97
$1,250,000, geld ($1,000) \ Maryland Trust, Baltimore, trustee.
> Int. at National Mechanics' Bk., Bait.
i
S8,M
. .
i
>'
Com.
&
Bonds—
foreclosed and bonds canceled.
SECURITIES— Of the $38,000,000 of 1st consolidated bonds, $22,393,000 have been issued, $13,505,000 have been set aside for the retirement of underlying securities, and $2,102,000 reserved for betterments, improvements, extensions and expenses of consolidation. In
March, 1899, $18,000,000 of this issue was offered for sale by Brown
Bros, of New Yoik, Philadelphia and Boston, Alex. Brown & Sons,
and Mercantile Trust & Deposit Co. of Baltimore. In April, 1900,
Alexander Brown & Sons took a further block of $3,000,000 of the
bonds.
The plans originally provided for the Issue of $14,000,000 of preferred stock, but it was arranged that at the option of the holders
the same could be converted into income bonds, bearing 4 per cent if
earned and payable at the option of the company after March 1, 1949.
The option of conversion has been exercised to the extent indicated,
above.
On Feb. 28, 1900, the 50-year 1st con. mort. and also the income
bonds were listed on the Phila. Stock Exchange; the stock, the consols
and the income bonds are all listed on the Baltimore Exchange.
DIVIDENDS.— Dividends of Jfl of 1 per cent were paid in June, 1899,
and 2!fl p. c. in Dec, 1899, on both the income bonds and the preferred
stock, the payment on the stock (but not on the bonds) being subject
to a deduction of one quarter of one per cent for taxes. On June 1,
1900, 2 per cent paid on income bonds and 2 per cent less taxes on
Road— Miles
of track, 337-82; cars, 1,451; gauge, 5
Earnings—For the year ending March
earned—
ft.
31, 1900, the
4**
new company
$4,304,932
3,734,886
Gross earnings
Operating expenses, taxes and fixed charges
Net earnings from United Railways
Net earn'gs from United Elec. Light, 11 mos
in..
i
*This Includes $17,487 of outstanding scrip.
Of the new mortgage for $4,500,000, $273,000 are reserved to take up
underlying liens, and $1,000,000 remain for future requirements.
Messrs. Alex. Brown & Sons offered some of the bonds for sale in
November, 1899, and also some of the preferred stock.
Earnings— For eight months ending Dec. 31, 1899, gross was $434,505; net, $199,504.
Proportionate flxed charges $127,864; proportionate dividend on preferred stock, $22,653; balance, $48,987
-V. 69, p. 956, 1104, 1246.
WASHINGTON WESTMINSTER
GETTYSBURG RAILROAD—To be a steam road.
$652,059
560,000
$92,059
Surplus for year
For the 12 months ending Deo. 31, 1898, earnings and expenses of
the constituent companies were: Gross earnings, $4,062,358; operating
expenses, taxes and licenses, $2,304,826; net, $1,757,532.
DIRECTORS—Alexander Brown, Henry A. Parr, Geo. R. Webb, Nelson Perin, Geo. C. Jenkins, Wm. P. Harvey, E. L. Bartlett, Col. Walter
S. Franklin and Seymour Mandelbaum.
OFFICERS—President, Nelson Perin; "Vice-President, Col. Walters.
Franklin; Gen. Manager, William A. House; Treasurer, Briggs C. Keck;
McJilton.—V. 68, p. 185, 230, 333, 476,
Secretary and Auditor, H.
574, 620, 725, 1228, V. 69, p. 493, 744, 956, 1104, 1148, 1194, 1246;
C
V. 70, p. 481, 793 843, 893, 1050.
(1)
UNITED RLECTRIC LIGHT & POWER
(of
Baltimore)—
Organization- Consolidation in April, 1899, of the Edison Electric
Also owns all the bonds
Illuminating Co. with the Brush Electric.
nd all the stock of the Northern Electric Co., thus embraolng
actically all the electric light companies doing business in Baltimore.
Is controlled by the United Railways & Electric Co. of Baltimore,
hlch owns all the Light & Power Co.'s common stock of $2,000,000.
&
See
Investors' Supplement for July, 1898.
BANGOR, ME.
Population in 1900 (estimated), was 25,000; in 1890 was 19,103;
IN 1880 was 16,856 and in 1870 was 18,289.
BANGOR HAMPDEN
RAILWAY-To be a trolley road.
& WINTERPORT
in 1897 to build a road from the south
Bangor through Hampden to Winterport. Bonds, 1st mortgage, dated 1897, $300,000 ($1,000 each), 5 per cent, due Sept. 15,
1917, Old Colony Trust Co., Boston, trustee; *40,000 outstanding In
May, 1900. Stock, $300,000; outstanding, $60,000. Entire projected
line, 54 miles; of this Bangor to Hampden 6*13 miles, operated since
1898. A summer park has sin ce been added. Hampden to Winterport and Frankfort, about 10 miles, is expected to be built in 1900.
Earnings year ending June 30, 1899, gross, $22,584; net, $3,049,
President, H. L, Mitchel Treas'r, C. D, Stanford.
Organization— Incorporated
line of
;
BANGOR STREET RAILWAY.-An
This road and
electric road.
the Bangor
Power and Brewer
Water companies are all controlled by the Public Works Co., which
has been in financial difficulties for some time. F. A. Wilson, of
Organization— Organized
Electric
Light
&
Oct., 1889.
Power, Penobscot Water
<4
Bangor, Maine, Hon. A. P. Wiswell, of Ellsworth, Maine, and Charles
A. Stone, of Boston, recommended consolidation of the several companies above named into a new corpoation with $600,000 stock and
$600,000 bonds. See V. 61, p. 795. Completion of reorganization is
looked for soon.
Interest. Author 'd Outstand'g.
Maturity.
BONDS—
STOCK
&
1
$200,000
8tock,$t00
F-A 200,000 200,000 Aug.l, 1909
1st mortgage, gold, 1889.. 6
The bonds have been in default since 1893. Of the total issue of
$200,000, $42,000 were exchanged for 5 per cent bonds of the Publio
Works Company. Mortgage trustee International Trust Co. of Boston.
ROAD Owns road in Bangor to Brewer, etc., 9 8 miles of traok.
Annual Report— For years ending June 30 earnings have been
1898.
1899
1898
1899.
Yr. end. Jwie 30.
$1,694 def. $1,660
Gross earnings.. $63,674 $65,291 Surplus
14,575
11,127 Tot. def. Sept. 30 9,343
11,039
Net earnings
12,881 12,788
Interest, etc
Officers— President, C. F. Woodard, Bangor, Me Sec, Treas. and
Cutler.— V. 61, p. 796.
Gen. Man., J.
—
H
& OLD TOWN
BANGOR ORONO
road.
RAIL-
trolley
Organization—This company began operations in July, 1895. Its
Bangor 8treet Railway to a point on State Street,
and thence over its own line through the villages of Veazle and Orono
past the State College to Old Town, a distance of 14 1* miles, 2 miles iD
Bangor; total, 162 miles of road and 16-7 miles of track.
Date.
Interest.
Outstanding.
Maturity.
STOCK & BONDS
oars run over the
Bills
Total net income
Interest on 4 per cent income bonds and preferred stock. . .
267,500 1910 to 1924
prior liens.
Stock $125,000(par $100)
IstM., $125,000, gold.... 1895
$570,046
82,013
Outstanding. Dividends, <te$2,000,000
"700,000 May ,'00. 2**%
1st consol. mtg. g
L-{
500,000. c* ($1,000) 1899 4** g. M. & N. 3.24S.000 May 1, 1929.
Int. at Alex. Brown [Trustee, Maryland Trust Co., Baltimore.
<s Sons, Baltimore.. J
WAY—A
preferred stock.
Interest.
5 cum.
000,000, par $50 ... $
Bonds Edison Co. and
id)
Brush Co
_
•Of these only $11,000 are still outstanding; of the remainder
$1,111,000 have been canceled, having been exchanged for the United
Railways & Electric Co.'s 4 per cent bonds, while $128,000 are held in
the treasury of the latter to be exchanged at pleasure.
a This shows amounts authorized, less amounts reserved for underlying bonds, acquisitions, improvements, etc.
b In treasury of City Passenger By., and mortgage will probably be
Date
stock, $2,000,000
Href, stock cum., $1,-)
payable June 30,'99.
See text.
6
g.
semi- an.
$100,000
125,000
37,500
see text.
1915
DIVIDENDS—From April 20, 1896, to June 30, 1898, 1 p. o. monthly;
In 1897-98, 8 p. c; in 1898-99, none.
EARNINGS—Year ending June 30, 1899, gross, $49,183; net $13,515;
interest, taxes, etc., $9,165; surplus, $4,350; previous year's bills paid
$4,217; balance, $133. In 1897-98, gross, $63,676.
President, Elias Milliken, Augusta, Me.; Treasurer, John Cassidy,
Bangor, Me.; Superintendent, Wm. G. Rice, Bangor, Me.
off,
PENOBSCOT CENTRAL RY.-To be an electric road.
Organization— Incorporated In Dec, 1896, to construct from Bangor to Charleston and Kenduskeag to Garland, Me. Stock, $250,000;
par, $100. Bonds are gold 5s, dated July 1, 1898, redeemable after 5
years at 102; $150,000 reported Issued in November, 1899. In May,
1900, it was announced that the company would borrow $100,000 to
equip the line with trolley. The intention was to use the Patton
Gasoline Motor system.
ROAD— Bangor to Charleston and Kendnskeag to Garland, 40 miles,
of which Bangor to Charleston, 26 miles, graded Nov., 1899, and 20
miles of track laid, Bangor to East Corinth. The latter piece had not
then been opened for business, although the company was hauling
freight daily over the road.
OFFICERS— Pres. and Gen. Mgr., F. O. Beal; Treas., F. H. Small;
Clerk and Legal Adviser, H. M. Heath. Augusta, Me.— V. 70, p. 740.
STREET RAILWAYS.
13
BELLEVILLE,
BARRE, VT.
;
TRACTION A
BARRE & MONTPELIER
CO-— A
POWERRonq<?—
Maturity.
trolley road.
Date. Interest, Outstand'g.
Q-rrv-K fr
$120,000
100,000 Nov. 1, 1917
1st Ml, gold, $100,000 ($500 {1897 5 g.M-N
each), notsubj. to call.o* (Int. at Am. Loan &Tr.Co., Boston, Trust.
8tockT$13W>00,par$100
BELLEVILLE ELECTRIC RAILWAYThis road has been absorbed by the
See the latter under St. Louis.
Population in 1890 was 3,971; Estimated Local
Population in 1896 was 7,000.
Organization, Etc.— Chartered
BATH STREET R AIL, WAY.-A trolley road.
Organization— Chartered May 5, 1891. Franchise perpetual. On
July 1, 1898, the Lewiston Brunswick & Bath Railway Company assumed possession under a 999-year lease, paying the $100,000 stock 4
per cent per annum, semi-annually. Earnings and operations merged
with those of lessee, which see.
CITY, MICH,
Population 1890 was 27,839; in 1880 was 20,693;
and in 1870 was 7.064.
Combined population
thorized, $100,000. Dividends on stock in 1897, 9 per cent.
In April, 1899, E. D. Bennett, Superintendent of the Bennington &
Rutland, was appointed receiver. The road was badly damaged by
freshets in October, 1898, and has not been in operation since then.
—
Road From Bennington & Rutland RR. depot, Bennington, to
Glastonbury, 9 miles. Also proposed in streets of Bennington and from
Bennington through North Bennington to Hoosick, N. Y.— V. 68, p. 870.
BIDDEFORD, ME.
of territory supplied in 1898
Population 1890 was 14,443 in 1880 was 12,651
and in 1870 was 10,282.
;
(estimated) about 45,000.
No coupon on the $381,000 1st consols has been paid sinoe that for
The bondholders' committee, of which M. P. Heraty is
8ept. 1, 1895.
Chairman, represents about 80 per cent of the outstanding issue. The
committee stated that a large expenditure of money was necessary to
make needed improvements, that as the stockholders were unable to
supply this money, it would have to be furnished by the bondholders
either through the further surrender of coupons for a series of years
or by direct contribution. In June, 1900, all new track was about
finished; improvements will be all completed by Oct., 1900.
Receivership.— Tn July, 1899, the property was placed in the hands
of M. P, Heraty of Philadelphia and J. C. Weadlock of Bay City, as receivers.— V. 69, p. 128. Court has authorized the issue of $178,000
receivers' certificates the Bay City 1st mortgage for $119,000 was
taken up in June, 1900, with receiver's certificates.
BIDDEFORD & SACO RR.—An electrio road.
Organization— Incorporated Feb. 19, 1887. Owns 5*7 miles road
(and 3 mile sidings) between Saco, Biddeford and Old Orchard Beach,
improvements and extension projected. In May, 1900, an i3sue of
$300,000 4 per cent bonds was proposed.
Date.
fnPst. Outstand'g. Maturity.
STOCK & BONDS—
-
dtock (par $50) ($100,000 auth.)
i.*™^
nOM /4onnftfti
($90,000;
1st mortgage
Notes payable June 30, 1899
Trs.end.June 30. Gross.
1898-9
$30,656
1897-8
24,958
1896-7
26,383
tTOCK & BONDS—
took (par $100)
Bay Cities consol. 1st 5
Miles. Date. Interest.
18936gM-S
Outstand'g.
$950,000
381,000
Maturity.
;
BEATRICE, NEB.
BEATRICE ELECTRIC COMPANYOrQANIZATION— Incorporated
November, 1895, with authorized
in
capital stook $100,000, to aoqulre the property of the Rapid Transit A
Power Co., 7^ miles of track, foreclosed July 26, 1895 (V. 61, p. 195),
the Beatrioe Eleotrio Light Co. and also water-power f&cilitiei.
Funded debt $60,000
of 6 per cent bonds due In 1915.
Operates 7
of trolley— V. 61, p. 195; V. 69, p. 78.
Receivership.— In July, 1899, Eugene J. Sullivan was appointed
receiver and remains in charge of the property.
OFFICERS— President, D. W. Merrow; Secretary, E. J. Sullivan; Treasurer, Paul W. Horbaoh.
_
BEAVER
FALLS, PA.
Population 1890 was 9,735; in 1880 was 5,104;
and in 1870 was 3.112.
BEAVER VALLEY TRACTION-A troUey road.
in perpetuity June 29, 1891, and owns
entire capital stook of Beaver Valley St. Pass. Ry. Co. and of Central
Organization— Incorporated
Ry. Co., purohased Aug. 8, 1891, operating them as one road
under 999-year lease.
In June, 1900, it was reported that this road and the People's Eleotrio Street Ry. of Rochester, the College <fe Morado Ry. and the Beaver
<fe Vanport Electrio Ry. were all to be united under
one management,
and extensions built. V. 70, p. 1148.
Date. Interest. Outstanding.
Bonds—
STOCK
Maturity.
Stock ($300,000) par $50
$300,000f.p
1st mortgage, $150,000, J 1891 6g.J-J
150,000
Julyl.1911
gold
ollnt. at Union Trust Co., < rus<ee, Pittsb'g, Pa.
2dinortgage,gold,($500).< 1895 6 g. A-O
100,000
Oct. 1. 1915
$100,000
o'\ Int. at Union Trust Co., trustee, Pittsburg.
Elect. St.
&
payable July
1,
1899
19,273
ROAD— Owns
companies
6*9 miles of track and leases 6-6 miles owned bv the
whose stook it holds. Rail 45 to 72 lbs., girder and T.
Earnings— Year ending June 30, 1899: Gross, $70,840; operating
expenses, $42,296
net earnings, $28,544; taxes, $1,895 interest,
$16,346; balance, surplus for year, $10,303. Calendar year 1897,
gross, $68,555; net, $30,576; taxes, $2,637; interest, etc., $17,773;
net, $10,166.
OFFICERS—Annual meeting first Monday in February. President,
J. M. Buohanan, Beaver, Pa.; Treesurer. S. P. Stone, Beaver, Pa. V.
70, p. 1148.
;
;
J- J
Net.
.
Interest, etc.
$14,275
8,227
6,076
$7,047
7,009
6,863
N. Y.
A
BINGHAMTON RAILROAD—
1892. Formed
trolley road.
Organization—Chartered August
11,
in
olidation of all the street railways in the city.
Interest. Outstanding.
Dale.
Bonds—
Stock
&
1893 by con
Maturity.
Stock, $900,000, par $100
$396,370
1890
6 A-O
200,000 Apr. 1, 1910
Bing. Street RR. 1st M.
Bingham ton RR. Co. M.,
50,000
1908-1917
($5,000 due yearly Mar. 1.)
$900,000, g. $1,000. .c*
1893 5gJ-J
50,000
1918-1922
(See text) Interest at Atlantic Trust Co., N. Y.,
($10,000 due yearly Mar.l
Trustee.
$500,000 due Mch. 1, '23
Bing. Lest. & Un. 1st
)1895
5gJ-D
$125,000 June 1,1925
gold, prin. and int. guar, i Interest at Atlantic Trust, New York.
.
M
Binghamton Trust Co.,
Population 1890 was 13,836; in 1880 was 2,447.
6
Population 1890 was 35,005; in 1880 was 17,317;
and in 1870 was 12,692.
(
;
[
$40,000
90,000
1908
Int at l8t Nat Bk Bidaef ordi Me
20,800
1888
BINGHAMTON,
Mar.1,1918
Trustee, Phlla. Securities Co., Phila.
1906
1896 6 M-8
$50,000
New mort., $50,000
Trustee, Phila. Securities Co., Philadelphia.
LATEST EARNINGS— 7 months,) 1899... Gross, $49,589; net, $13,289
48,625; net, 15,911
Jan. 1 to July 31.
J 1898... Gross,
For the 12 months ending Deo. 31, 1898, gross income, $87,802; net,
$28,900. In 1897 gross inoome, $81,449; net, $27,000. In 1896 gross
income, $90,552 net, $29,939.
ROAD— Owns 25 miles of track (length of line 17 miles).
OFFICERS— President. Miohael P. Heraty, Phila., Pa.; Gen. Manager,
E. 8. Dimmock; Auditor, W. W. Dimmock; Supt., William Luxton.—V.
68, p. 473 V. 69, p. 128.
con.M.$500,000,g.o.
{
Balance.
sur.$7,228
sur.1,217
def.787
OFFICERS— Sec. and Treas., C. H. Prescott, Biddeford. V. 70, p. 1048.
;
Bills
July
28,1894;
27, 1895. A summer road, and included in plant are a power house, theatre and other buildings and lands, representing $22,500 of the capitalization. Stock, $100,000, authorized; issued, $55,000. Bonds, au-
CONSOLIDATED RAILWAY
CITIES
Belleville Traction.
RAI L
Population 1890 was 8,723; in 1880 was 7,874;
and in 1870 was 7.371.
BAY
&
ELECTRIC
BENNINGTON & road.
W A Y.-A trolley WOODFORD
Nov.
operated from
BATH, ME.
A trolley road.
Louis
8t.
BENNINGTON, VT.
Floating debt Jan. 1, 1899, was $25,000.
ROAD— Barre to Montpelier, Vt., 9^ miles, opened about June, 189t.
President, F. C. Kennedy, Burlington, Vt.; Seo., H. K. Bush, Barre, Vt.
BAY
ILL.
Population 1890 was 15,361 in 1880 was 10,683
and in 1870 was 8.146.
Population 1890 was 4,146; in 1880 was 1,025.
trustee.
Of the bonds of i8qs, $100,000 mature in installments as rndicated in
the table, and the remaining $800,000 mature Mar. 1, 1923. Of the
$900,000 authorized $200,000 are reserved to retire the 6s of 1910 at
maturity. Jan. 1, 1898, $100,000 were sold for improvements, leaving $100,000 to be issued at not exceeding 85 per ct. of new construction and equipment; provided the road shows net earnings equal to
twioe the interest on the bonds outstanding, including those 'which it
is proposed to issue.
ROAD— Operates 36 miles of track, including the Binghamton Lestershire & Union Railroad, 7 miles long, opened in 1896.
Latest Earnings— mos., > 1900 ...Gross, $159,008; net, $69,189
H
May 31.
1899. ...Gross, 146,437; net, 63,092
Annual Report— Figures for years ending September 30 were:
Years end. Sept. 30— Gross.
Net.
Int., taxes, etc. Bal.,sur.
July 1 to
S
1898-99 (yr.J'e 30) $162,925
1897-98
160,061
1-896-97
146,574
1895-96
141,339
$15,092
$72,181
$57,089
17.623
70,504
52,881
15,124
45,492
60,616
22,041
40,285
62,326
OFFICERS— President, G. T. Rogers; Vice-President, J. B. Landfleld;
Secretary, J. M. Johnson Treasurer, John B. Rogers General Manager and Purchasing Agent. J. P. E. Clark. Office, Binghamton, N. Y.
(V. 61, p. 151; V. 62, p. 360; V. 63, p. 8 78.)
;
;
—
BIRMINGHAM, ALA.
Population 1890 was 26,178; and
in
1880 was 3,086.
& ELECTRICBIRMINGHAM RAILWAYcapital
stock
of
($50,000)
In Sept., 1899, company acquired the entire
the Birmingham Traction (after the latter had previously secured the
dummy line of the Highland Avenue & Belt RR.) thus bringing
under one control all the street railways of Birmingham and vicinity
V. 69, p. 590. Has endorsed the $500,000 Birmingham Trao. bonds.
On Feb. 14, 1900, stockholders voted to create a consolidated mortgage for $3,000,000.
Date. Interest. Outstanding. Maturity.
BONDS—
STOCK
$500,000
Common stock, par $100
1,000,000
Pfd.st'k,6p.c.oum.,par$100
1,250.000 July 2, 1920
1890 5g. J-J
1st M. gold, $1,250,000, )
$1,000
i Interest at Central Trust Co., New York.
Mortgage trustee is Birmingham Trust & Savings Co.
ROAD— In 1899 was operating 63 miles of track in city of Birmingham and extending also to Bessemer, Pratt City and Ensley; steam, 22
Rails 60-70 lb. T and 58 lb. girder.
electric, 41 miles.
miles
&
;
STKEET HALLWAYS.
14
OFFICERS— President, A. M. Shook; Vice-President, Robert Jemison,
and Gen'l Manager, J. B. McClary.—V. 69, p. 333, 590; V. 70, p. 229.
BIRMINGHAM TRACTION.-A
Electric acquired the entire
trolley road.
In 1899 the Birmingham Railway &
Road is operated by the same.
Organization— A consolidation of the RR. of the East Birmingham
Land Co. (sold in foreclosure May 31, 1897), and the North Birmingham Street RR. Co.—V. 64, p. 843. Length of road, 7 miles;
branches, 3-75 miles; total, 10-75 miles. Transformed from steam to
electric road In 1898. The company in 1899 also acquired the steamcluinmy line (7 miles) of the Highland Ave. & Belt RR. and have since
changed it into an electric road.
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
1919
$500,000
lstM.gold,$500,000,
$1899 5 g. F&A
end. by B. Ry.& Elec.Co. I City Trust Co. of New York, Trustee.
-V. 69, p. 491,590.
capital stock, $50,000.
&
BLOOMINGTON, ILL.
BLOOMINGTON & NORMAL STREET RY.
Population 1890 was 20,484 in 1880 was 17,180
and in 1870 WAS 14.590.
•
—A
;
trolley road.
in June. 1898, as successor of BloomMay 31.1898.-V. 66, p. 1088, 1137.
Maturity.
Date. Interest. Outst'd'a.
Organization— Incorporated
ington City Ry., foreclosedand sold
STOCK
&
BONDS—
$250,000
Stock, $250,000; par, $100
Bloomington & Normal 1st
M...
$250,000($500
& $1.- \ 1898
250,000 July
5g. J-J
1,
1923
„_
000) s ubj to call af 10 yrs. >
^
Int. at 111. Tr. & Sav. Bk., Chicago, Trustee, and Chase Nat. Bk., N.Y.
The first mortgage bonds of 1898 are redeemable 10, 15 or 20 years
from date. The stock Is owned one-half by A. E. DeMange and local
associates, and one-hall by John Graham of the Wilkesbarre &
Wyoming Valley Traction, Wilkesbarre, Pa., and Judge Biddle of
.
.
Carlisle, Pa.,
and
their associates.
Road— 13
miles of trolley track.
OFFICERS— President, A. E. DeMange, Bloomlngton; Vice-President,
John Graham, Wilkesbarre, Pa.; Secretary, Willis E. Gray; Treasurer,
J. F. Evans.— V. 66, p. 1088. 1187; V. 67, p. 318.
BOSTON, MASS.
1880 was
Population 1890 was 448,477; in
AND IN 1870 WAS 250,526.
OrQANIZATION— The bill
Governor of Massachusetts June 10, 1897. A portion of the elevated
road must be built within three years (see V. 64, p. 329) upon the locations originally asked for, and thereafter the Aldermen may grant
additional locations. The bill provides for an extensive system of free
transfers. In addition to regular street railway taxes the company
7s of
Is to pay on all lines owned, leased or operated by it
the
excess of the
1 per cent of gross income and a sum equal to
dlyldends over 6 per cent. On the other hand, its charter is understood to " grant it exemption from reduction of fares, and also other
Immunities."— (See Mass. RR. Commission, V. 65, p. 1223.) In August,
1898, the plans had been approved by the Massachusetts Railroad
Commissioners, cars to be run with electricity by the "third rail"
system.— V. 67, p. 318. Ground was broken early in 1899, and elevated road expected to be completed late in 1900.
Lease of West End.—The West End Street Ry. is leased until June
10, 1922, at 7 per cent per annum on its common and 8 per cent on
the preferred stook, in addition to all interest, rentals, etc Possession of West End was taken Jan. 1, 1898. See lease in V. 65, p. 1223.
Cost—Engineer Kimball (of the company^ estimated the average
cost per mile of construction, including foundation, rails, &c, but not
Including stations or electrioal equipment, at $296,949. and the total
cost of construction covering a distance of 10"29 miles was figured at
$3,055,605; equipment, terminals, stations, etc, at $3,890,000; land
damages at a maximum of $5,039,786, minimum estimate $3,120,491.
Stock— Capital stook is $10,000,000 (shares $100), all paid in, the
First dividend, 2^4 per
last instalment having been paid April, 1900.
cent, was paid August 15, 1898— V. 67, p. 221. In 1899, January, 2*4 p. c was paid and in August 3 p. c In 1900, Feb., 2H p. c
The company has no direct bonded debt.
Annual Report— Report of Boston Elevated Ry. for year ending
Se>pt. 30, 1899, V. 69, In p. 1146; V. 70, p. 228, compared with the
two previous years, shows earnings as follows
1898-99
1897-98.
1896-97.
191,023,224 181,321,295 172,554,513
Passengers carried
32,209,150
34,594,224
29,953,591
Car miles run
$9,671,440
$9,179,096
$8,719,031
Gross earnings
2,612,512
2,844,290
2,505,323
N»t earnings
78,156
84,696
Interest on deposits
$2,928,fc86
$2,690,668
Total net
$2,505,323
:
Deductions—
End debt.
. .
Taxes, West End
Taxes, Boston Elevated
Compensation tax
Rental of subway
Dividends on West End stock.
Other rentals
Balance
_
$495,725
500,575
172,795
84,625
204,538
$498,600
435,860
86,049
80,317
106,134
$493,219
372,460
1,147,950
9.180
1,147,950
9,180
1,193,375
14,695
$313 598
$313,598
$326,577
$431,572
i%)262,50 0(2i4%)112,50
$51,098
$214,077
Surplus for year
OFFICERS Chairman of Board, William A. Gaston; President, William A. Bancroft; 2d Vice-President. Chas. S. Sergeant; Treasurer,
William Hooper Secretary, John T. Burnett; Auditor, H. L. Wilson.
Annual meetiDg is held the first Monday of January.
DIRECTORS—William A. Gaston, F. H. Peabody, J. Phillips, Jr.,
William S. Spaulding, Samuel Carr, Frederick Ayer, Nehemiah W. Rice.
James M. Prendergast, T. Jefferson Coolidge, Jr., W. A. Bancroft,
Robert Winsor, Walter S. Swan.— V. t>7, p. 221, 318, 528, 1 107; V. 69,
Dividend
.''.'.''.'.'."."*.'."(5"i
"
—
;
p. 25, 1010, 1
146, 1300; V, 70,
p.
228, 685.
(1)
Organization— Leased to Boston Elevated RR. until June 10, 1922,
at 7 per cent per annum on common and 8 per cent on the preferred
shares of the West End Co. in addition to the payment of its rentals,
interest and other charges.
Boston Elevated assumed possession
Jan. 1, 1898. See terms of lease in V. 65, p. 570.
In December, 1896, leased the right to use the subway at 4 7s per cent
of the net cost of subway, stated approximately as $5,786,000 in
September, 1898, when the third and last section was opened. Entire
length is 123 miles, with a trackage of about 5 miles. See V. 63, p.
1065, 1117; V. 67, p. 528.
Date.
Interest.
Outstand'g Last div., die.
Stock and Bonds—
Common stock ($50)
A.-O. $9,085,000 Apr.,'00, 3ifl
7
Preferred stock (par $50)
8
J.
J.
6,400,000 July, '00, 4%
Gold bonds of 1892
1892 5 g. M.-N.
3,000,000 Nov. 1, 1902
Gold bonds of 1894
1894 4isg.M.-S.
2,000,000 Mch. 1, 1914
Gold bonds of 1896,
) , QO „
4
M.-N.
815,000 May 1, 1916
18ab
g.
$2,275,000, not mort.. J
Gold bonds of 1897,
,
} i8y
QqT
4
F.-A.
Feb.
2,700,000
1, 1917
500,000 Dec. 15, 1903
200,000 July 1, 1904
Highland St., plain
M.-N.
1882
300,000 May 1, 1902
Boston Consol. St. plain. ..1887
J. - J.
500,000 Jan. 1, 1907
M.-N.
South Boston, plain
1883 5
200,000 May 1, 1905
Cambridge 1st M*
1883 5
A.- O.
420,000 Apr. 1, 1903
Charles River 1st
1884 5
A.-O.
150,000 Apr. 1, 1904
* Cambridge bonds are redeemable $30,000 yearly at 105.
Interest is payable in Boston by the American Loan & Trust Co.
except on Cambridge 5s payable at New England Trust Company.
Miles.
Miles.
ROAD—Sept. 30, 1899.
164 Trackage
2
Main line, 1st track
134 Total operated Sept. 30, '99 338
do
2dtrack
38 Electrioally equipped
Sldings.&c
328
336
Total owned
Weight of girder rail Is 70 to 100 lbs. Oars, 2,971; horses, 315; electric motors, 3,668; snow plows, 244; snow sleds, 391; miscellaneous
'
$2,700,000 not mort.o $
Metropolitan RR. (plain). .1883
Middlesex RR. (plain)
1884
g.
J. - D.
J. - J.
5
5
5
5
M
vehicles, 515.
I
NDEX— V. 65,p. 1 021
(2)
to
,
1026, 1073, 1223; V. 66, p. 38, 80; V. 67,
p.
905.
SOMERVILLE HORSE RR-Owns 804 miles of track. Leased
for $9,180 yearly, 6 p. c on $153,000
West End Street Railway
stock.
362,839;
RRBOSTON ELEVATED
chartering this companv was signed by the
Interest on West
Companies Controlled by Boston Elevated RR. Co,
WEST END STREET RAILWAY—A trolley road.
Dividends are payable (M&N) in Boston.
LEXINGTON & BOSTON STREET
RY.-A
trolley road.
Organization—Incorporated
May, 1900.
Operation begun in
in June, 1899.
&
interest.
Outstanding.
Date.
Maturity
BondsStock
Stock, $350,000 ($100)
$350,000
4^ g.A-O.
250,000
Apr. 1, 1920
1st mtgc. $500,000)1900
gold ($1,000)
c* ) Intetest at Beacon Trust Co., Boston, Trustee.
Bonds are subject to call within 5 years at 110, then up to 10 years
at 107^, and thereafter at 105 Of the $500,000 authorized, $250,000
are reserved for extensions, etc.
ROAD— Owns and operates 18 miles of road extending from Arling-
ton to Billerica and from Lexington to Waltham branch to Concord
expected to be completed in summer of 1900.
OFFICERS— President, A. Pierce; Treasurer, Charles W. Smith Corporation Counsel and Clerk, Goorge W. Morse. Office, 28 State Street,
Boston.— V. 70, p. 1049, 1095.
;
;
MASSACHUSETTS
ELECTRIC
NIES.— Electric light and street railways.
COMPA-
Organization—Formed in May, 1899. Is not an incorporated
company, but a voluntary association managed by a board of fifteen
trustees, who hold the title to its assets. Messrs. E. Rollins Morse &
Bro. and Tucker, Anthony & Co. of Boston, who promoted the combination, in June, 1899, in offering some of the stock for public subscription [$1,000 of preferred and $500 common was offered for
$1,050], stated that "the Declaration of Trust contains strict provisions against the creation of any indebtedness whereby any shareholder or trustee can be held to any personal liability." The following
is a list of the companies originally controlled, also including those
since added. For details regarding their earnings and condition, see
good many of these separate companies have
statements below.
since ceased to exist, having been amalgamated with others in accordance with the plan of the management to combine the various properties into a few large companies. Roads already merged are designated
by an asterisk (*) prefixed to the name. In June, 1900, the consolidation of the three Newport companies had not taken place, although a
bill permitting the same had passed the R. I. Legislature.
A
Beverly & Danvers,
•Boston Milton & Brockton,
'Braintree Street Railway,
* Brockton Bridgewater & Tauny n,
Brockton Street Railway,
* Krockton & East Bridg«water,
'Dighton Rock Park Corporation.
*Dighton Somerset & Swansea,
Globe Street Railway (Fall River),
'Gloucester Essex <fe Beverly,
'Gloucester Street Railway,
Gloucester & Rockport,
Hyde Park Electric Light Co.,
Lowell Lawrence A Haverhill,
t Lowell & Suburban,
Lynn & Boston,
'Mystic Valley,
Nashua Street Railway,
*Needham & Boston,
New Bedford Middleb.&Brockton.
[
I
I
Newport <fe Fall River,
Newport Street Railway,
Newport Illuminating Co,
'Norfolk Central,
'Norfolk Suburban,
North Woburn Street Railway,
Providence <fc Taunton,
Quincy & Boston,
•Reading & Lowell,
'Rockport Street Railway,
'Salem & Wakefield,
8outh Shore & Boston,
'Taunton <fe Brockton,
Taunton Street Railway,
'Wakefield & Stoneham,
West Roxbury & Roslindale,
'Woburn & Reading.
t Under contract to lease.
The foregoing comprise electric street railway lines in Eastern Massachusetts and Rhode Island. The companies given cover the greater
part of the street railway mileage north of Boston as far as Nashua,
N. H., and Newburyport and Gloucester, Mass., and south as far as
Fall River, Mass., and Newport and Providence, R. I., connecting dlreotly with the street railway system of Boston. Various electric
STREET RAILWAYS
Stock
lighting companies doing business in the same section are also included. It Is stated that "the majority and in most instances practically all the stock" of the companies in the above list is held.
In May, 1900, obtained permission of the South Shore & Boston RR.
through the purchase of $600,000 of the $900,000 capital stock.
Control of property passed at once to new owners, but purchase price
is
&
Bonds.—The
See text
M
$875,000
750,000
A-O
5g.
Maturity.
See text.
April 1, 1912
Outstand'g.
Interest.
Redeemable at 105 an<]
S Int. is payable by trus., Mass. L. & T. Co., Bost.
og. J-J
July 1, 1912
Debentures, g. ($1,000). c 1892
550,000
Mar. 1, 1910
Oebentures.g. ($1.000). c 1894
5g. M-8
125,000
e
D
1896
5 g J "D
125 000
S*wanVds%125
000 I Tnt
bwaD.D
as,i>ifo,uuu,
nt mttmat'i
Tru-t rv.
(.0
Internat'l Triiot
Int. at
Boston, trustee.
JanXl76u$G6o> J 8inkln « fund i8 *3 000 a r*~.
!
'
"
,
association has no direct bonded debt.
Common.par $100 ($12,000,-?
Its
'
Interest on the Globe Street debentures
Y. Security
($12,000,-5
4
& Trust
is
payable in
New York
1898.
1899.
1898.
none
Gross earnings. $318,339 $337,161 Dividends
Net earnings... 119,009 138,689 Balance, surp.. $39,596
79,414 105,904
Int. taxes, &c.
1899.
I
of properties absorbed for latest
|
(9) GLOUCESTER STREET RAILWAY.—A trolley roal.
In 1900 absorbed the Gloucester Essex <fe Beverly 8treet Ry. and the
Rockport Street Ry., and later was itself absorbed by the Lynn <fe
Boston.
(10)
Leased
E.
(12)
was
STOCK
do
con-
Date. Interest. Outstand'g.
Bonds
Stock (par $100)
Brookton St.Ry. bonds, 1*
Bonds
is
Bonds
f
%%
>&§{
I
Bonds, gold
Brockt. (Consol.) St. Ry
1st M. $750,000 g...
<
Boston Milton & Brockton..
1st mtg. bonds, $100,000..
Brock. Bridgewater & Taun.
lstM.g,$v>OO.Oou($l,OOo)o*
Brock. & E Bridgewater....
1st M. g.. $30,<'00
Taunton & Brockton
1st mortgage $100,000
)
when
due.
1 p. c; Oct.,1 p. c; in 1898, April, 1 p. c;
July, 1 p. c; Oct., 1 p. c; in 1899, Jan., 1 p.c; Apr., 1 p.c; July, 1 p.c;
Oct., 1 p. c; in 1900, Jan., 1 14 p. c
ROAD— Connects Lowell, Lawrence,
Haverhill, etc.
Miles.
1-8
Miles.
Second traok
54-4
8 6
Sidings
Total owned in fee
64-8
First track
of the
Trackage rights
-
1-8
Total of
all Sept. 30,
1899..
Annual Report—For years ending Sept. 30 earnings have been
66&
l
Interest,
Gross
1898-9
1897-98
1896-97
1895-96
Maturity.
6 Q - J$l,195,000 Jan.,*00,l3i
1885 4^A-0
10,000 Apr.1,1905
1886 4*2 A- O
27,000 Apr.1,1906
1890 413A-O
37,000 Apr.1,1910
1892 5g. J- J
16,000 Jan. 1,1912
(1894 5g.A-0 660,000 Oct. 1,1924
< Subject to call at 105 and interest.
( Int. at State St. Safe Deposit & Tr. Co.
100,000 July 1,1919
1899 5 J-J
$504,611
452,444
428,010
410,000
—V. 65, p.
(13)
Net.
tax., etc.
Dividends.
$218,416 $137,115 $75,O0O
199,865
109,625
60,000
168,656
84,928
30,000
162,209
86,872
Balance.
$6,301
snr.
sur.
sur.
sur.
30.23O
53,728
75,337
1022; V. 68, p. 672, 1133; V. 70, p. 1049.
LOWELL & SUBURBAN STREET RAILWAY.-A
trolley
road.
Organization—A consolidation May 1, 1891.
chusetts Electric Companies for 8 p. c. on stock.
Is leased to
Massa-
STOCK & BONDS— Miles. Par. Interest. Outstand'g Last Div.,ete.
F-A 200,000 Aug.l, 1917 St'k »uth.,$l,200.000 .... $100
Text. $1,000,000
Text.
L
1st
M. 1891. gold. c* .... 1,000 5 g. J-D 1,000,000
Dec. 1, 1911
& T. Co.. Boston, Trustee.
5 Int at Am.
)
F-A
Feb.
Loans¬espay.Oct.l,'99
1898 5 g.
30,000
1,1918
255,000
5 Int. at Am. L. & T. Co., Boston, Trustee.
Interest in Boston by the American Loan & Trust Co., trustee.
)
1897 5 F-A
100,000 Aug 1,1917
5
>
Int. at Inter'l Tr. Co., Boston, Trustee.
1897 5
g.
Dividends— In 1892-93, 1893-4, 6 per cent; 1894-95, 6 per cent; 189596, 6 per cent; 1896-97, 6 per cent; 1897-98, 6 p. c; in 1898-99, 6 p. 0.
$
Balance, surplus for year
Total surplus Sept. 30
—V. 65, p. 1022; V. 68, p. 672.
$11,427
$61,852
$16,059
$50,425
Road— 61-6 miles of main track; sidings, 13 miles; total, 62-9 miles*
Annual REPORT— For years ending Sept. 30 earnings have been
1899.
1898.
Gross earn'gs. $418,248 $393,104
Net earnings.. 183,871
155,045
Int., taxes, <fec. 103,954
87,515
—V. 63, p. 1061; V. 65, p. 1022.
(14)
$20,979
$42,816
|
1
Dividends
$60,000
Bal., surplus.... 19,917
1898,
$54,000'
13,530
|
LYNN & BOSTON RAILROAD- An electrio road.
RR. Commissioners for a further increase of $1,500,000 to pay off
turing bonds and provide for floating debt.
DIGHTON SOMERSET & SWANSEA STREET RAILWAY.
In May, 1899. became part of Massachusetts ElecCompanies, and in April, 1900, was consolidated with the Globe
STOCK
&
BONDS—
GLOBE STREET RAILWAY.— A trolley road.
I
ma-
Outstand'g
Last Dir.de.
$2,271,000
Oct., '99.4
215,000 June 1, 1900
5J.-D.
Consol.M
711,000 July 1, 1910
5J.-J.
Trustee, Manhattan Trust Co., New York.
LynnBeltlst
May 1. 1910
100,000
5 M.-N.
Trustee, American Loan A Trust Co., Boston.
Essex Electric 1st
6 J. -J.
100,000 Jan. 1,1911
Trustee, Old Colony Trust Co., Boston.
Lynn & Boston 1st in.,) 1894 f. g.J. D.
3,723,000
Dec. 1. 1924
$5,379,000, $l,000.e* > Int. at Old Colony Trust Co.. trustee. Boston.
Coup. notes, $1,250,000 1897 6 A.-O.
320,000
April 1, 1917.
Stock (par $100)
Naumkeag St. Ry. 1st
Street Ry. Co.
Organization— Incorporated April 16, 1880; in 1898 purchased the
Fall River Street Ry ., 2\ miles. In May, 1899, was aoquired by Massachusetts Eleotrio Companies, and in April, 1900, was consolidated
with the Dighton Somerset & Swansea Street Ry. In June, 1900,
the Dighton Rook Park Corporation hud not as yet been merged.
1899.
I
Organization— Incorporated under laws of Massachusetts April 6,
1859, and was formerly controlled through ownership of stock by the
North Shore Traction Co., which in 1899 was dissolved. Now controlled by Massachusetts Electric Companies. Iq 1900 absorbed the
Gloucester St. Ry. and the Wakefield & 8toneham St. Ry. and increased stock from $1,266,000 to $2,271,000. Has petitioned Mass.
—A trolley road.
(8)
20,000
p.c. pd.)
Dividends.— In 1897, July,
Int. at State St. Tr. Co., Boston, Trustee
has about 100 miles of track.
Dividends.— Rate 1892 to 1896 inclusive was 6 p.c; in 1897, 6 p.c; in
1898, 6 p.c; in 1899, Jan., IV, Apr., 1^; July, Iks; Nov., Z*z; in
1900, Jan., 1%.
Earnings— For the years ending Sept. 30 earnings of the old Brockton Street Ry. before consolidation were:
Years ending Sept. 30—
1899.
1898.
1897.
Road operated, miles (single track) 4 6-74
45-28
43-36
Passengers carried
6,787,425
6,676,255
$7,273,966
Gross earnings
362,942
$336,054
$332,256
Net earnings
166,398
123,618
125,101
Interest, rents, taxes
100,531
71,799
68,362
Dividends paid
54,440
35,760
35,760
trio
$400,000(5
Maturity.
Outstand'g.
$l,500,000f.p. Jan.'OO.l 1*
Consols of 1893 are reserved for Merrimack Valley bonds
ROAD— Consolidated system
(7)
See text.
&
Brockton Street Railway, East Side, Brockton & Hoi brook and Whitman street companies. Acijuired in 1899 by Massachusetts Electric
Companies, and in 1900 was consolidated with the Boston Milton &
Brockton, the Brockton Bridgewater & Taunton, the Brockton &
East Bridgewater and the Taunton & Brockton.
&
Date. Interest.
consol. M., $1,900,000, ] Subj. to call for the sink. fund, at 105 <fe int
T. Co., trustee, Boston.
c* ( Interest at Am. L.
gold, $1,000
People's St. Ry. of Ames- (
5 J-J
$64,000
bury, Mass, 1st mort-3
gage bonds, assumed... t Interest at State Street Trust Co., Boston.
RAILWAY.—
BROCKTON STREET RAILWAY.— A trolley road.
in 1880.
A consolidation
Stock
BONDS—
350,000 Apr. 1, 1911
Merrimack Valley Street < 1891 5g. A-O
Railway 1st mort. gold. < Interest at Inter. Tr. Co., trustee, Boston.
$1,019,000 June 1,1923
Lowell Law. & Haverhill ( 1893 5g.J-D
panies and in 1900 consolidated with the Brockton Street Railway.
Organization— Incorporated
&
Companies.
Stock, $1,900,000 ($100)
(4) BROCKTON BRIDGEWATER & TAUNTON STREET RAILWAY.—A trolley road. Acquired by the Massachusetts Elec. Com-
(6)
Controlled by Massachu-
Organization— Chartered April 29, 1892.
(3) BRAINTREE STREET RAILWAY.— A trolley road.
Acquired by the Massachusetts Electrio Companies and has since
been consolidated with the Quincy & Boston Street Ry.
(5) BROCKTON & EAST BRIDGEWATER STREET
In 1900 was merged in the Brockton Street Ry.
Loans, $10,000.
Stock, $30,000.
LOWELL LAWRENCE & HAVERHILL STREET RAIL'
setts Electric
small electrio road con-
by Massachusetts Electric Companies, which in 1900
solidated with the Brockton Street Railway.
to Gloucester Street Ry.
WAY—A trolley road.
(1) BEVERLY & DANVER8 STREET RAILWAY.-Electrio.
Controlled by Massachusetts Eleotrio Companies through Lynn and
Boston RR. Stock, $12,000; bonds, $40,000; miles of track, 4>a.
trolled
RY— Electric.
GLOUCESTER & ROCKPORT STREET
(11) GLOUCESTER ESSEX & BEVERLY RR— An electric road
opened Aug. 21, 1895. After purchase by Massachusetts Electrio
Companies was in Jan., 1900, consolidated with the Gloucester Street
Railway, which in turn was later absorbed by the Lynn & Boston.
Companies Controlled by Massachusetts Electric Companies.
BOSTON MILTON & BROCKTON.—A
4,785-
I
Cotting; Secretary, Everett W. Burdette; Treasurer, J. H. GoodExecutive Committee: Messrs.
speed, Gen. Man., P. F. Sullivan.
Gordon Abbott, Charles Francis Adams, 2d, E. N. Foss, Percy Parker and Philip L. Saltonstall. Office, 14 Kilby St., Boston.— V. 68, p.
977, 1226; V. 69, p. 80,333,704, 955, 1148,1301; V. 70, p. 76, 480, 996
(2)
$28,000
|
>
was paid Dec. 1, 1899, also 2 p. c. June 1, 1900.
OFFICERS.— President. Gordon Abbott; Vice-President, Charles
>*-
Annual Report— For years ending Sept. 30 earnings of the old
Globe Street Ry. before consolidation were
12,000,000 June, '00, 2%
completed
fiscal year, after payment of charges, is reported $733,233. For
four months to April 30 gross earnings are given as $1,330,031 in
1900, against $1,166,150 in 1899.
PLANT.— Including the South Shore & Boston, the street railways
controlled have 744 35 miles of track, and own and operate 1,572
open cars; power stations, 18,
cars, of which 677 are closed and 89
with a capacity of 28,423 horse-power.
DIVIDENDS— First dividend on preferred stock, namely, 2 per cent,
Earnings.—Net income
at
Co.
Dividend— In 1894-95 paid 2*2 p. c; 1895-96 paid 3 p. c; 1896-7.
2 p. c; in 1897-8, none; in 1898-99, 4 p. c.
ROAD— Consolidated road operates 48 miles of track.
$12 000,000
000)
par $100
000) 4 p.c. cum
Date.
l8
00, g0l
*i
^nn la?'.?
n*
eacn
c
$i,uuu
share capital is represented by certificates of participation, which
give the owners a proportionate interest in the shares held by the
trustees. Both classes of shares are reported exempt from taxation
in Massachusetts.
Outstand'g, Dividends.
Rate.
Dale.
Pref.,
Bonds—
Stock, $100 par
not to be paid over until August.
Stock
&
15
Dale.
Interest.
8 A.-O.
STREET RAILWAYS.
16
Stock
Bonds—
<fc
Outstand'g.
Interest.
Divid's,
etc.
Plain Bonds secured by
Lynn & Bos. niort.
Lynn & Boston
1894—
of
$100,000 Apr.
Men.
186,000
Apr.
5 A.-O.
49,000
Sept.
24,000
6M.-S.
July
10.000
6 J.-i.
Apr.
Glou'ster St. Ry I st niort. 1887
00,000
5M-S
Interest is payable at American Loan <& Trust Co., Boston.
X
G U
DeC
125 000
189 «
5 * J -D
bo ndr$lif5 00bF8T^
P 1 '5 A.-O.
5M.-S.
do
do
Naunikeag
do
do
.
".'.
000) gold. . 1
o*
Waketteld & Stoneham
1st M. $150,000, g.,c.
,
^
$
\
Tnt a t Anier. L.
Int
QQK
18y&
K g>
„
5
,
&
'
1907
1,1912
1,1907
1,1910
1,1911
1,1907
1,
1,
1916
(20)
Co Boston, Trustee.
T.
M
Mar.
150,000
1,
1915
\
Road—
Miles.
Miles.
as single
121-7
track
Other
2-2
Trackage
35
Leased lines—
Total main track (all elec.) ..153-8
2-0 Sidings
102
Wlnnlsimet Street RR
4-1
Boston & Chelsea RR
Since absorbed
45
East Middlesex Street RR... 16-5 Gloucester Street Ry
45
Boston & Revere El. St. Ry.. 3-8 Wakefield & Stoneham
Beverly & Danvers St. Ry., 3 miles (capital, $12,000) is controlled
but operated separately— see V. 65, p. 1171.
Annual Report— Before the absorption of the Gloucester Street Ry.
and Wakefield & Stoneham Street Ry., earnings were:
Yr.toSep.30— 1899.
1899.
1898.
1898.
Gr. earn'gs. $1,563,469 $1,484,251 Div'ds (8 p. c.).. $101,280 $101,280
Netearn'gs.
5,070
6,281
704,687
628,461 Bal., sur. for yr.
Oth. income
6,060 Tot.sur.,Sep.30* 101,299
96,665
6,708
Int..tax.,&c.
605,045
"After adjustments.
526,960
—
NEWPORT STREET RAILWAY.- A trolley road.
one of the lines controlled by the Massachusetts Electric
Companies
Organization— Incorporated July 30, 1888.
Interest.
Outstanding.
Maturity.
STOCK, BONDS, ETC.— Dale.
This
The likst issue is redeemable at 105 after March 1, 1900. Interest
at American Loan & Trust trustee, Boston.
The Mystic Valley St. Ry. has outstanding $60,000 gold 5s, due in
1919.
BONDS— Of the $5,379,000 first mortgage bonds of the Lynn & Boston RR., the unissued balance is to be used to take up other bonds.
Dividends— From 1880 to Oct., 1899, inclusive, 8 per cent yearly.
Owned, measured
Organization—Incorporated in 1898. Stock, $250,000. Bonds
$240,000, 20-year, 5s, due 1918, interest F<fcA; Amer. Loan & Trust
Co., Boston. Trustee. Through cars between Newport and Fall River
began running June 19, 1898.— V. 66, p. 1237. In 1899 made 10-year
oontract with Newport Street Ry. for running of cars within city of
Newport.
In 1898-9, gross, $70,836; expenditures and interest
charges, $65,037; balance, $5,799. Miles of track, 15V
DIVIDEND— 3 per cent Jan. 2, 1899; 3 per cent July, 1899.
is
Common
stock
in *96
$77,000
See below.
30,000
See text.
1890
5 J-D
50,000 Dec. 1, 1910
Unfunded debt Julyl,'99
18,000
Interest is payable at the Industrial Trust Co., Providence, R. I.
Dividends— On preferred from 1890 to 1899, inclusive, 7 per cent
per annum. On common in 1891, 5 per cent; 1892,7 per cent; 1893,5
per cent; 1894, none; in 1895. 5 p. c; noue until Nov., 1899, 5 p. c.
ROAD.—Owns 4-17 tuiles of track. Rails, 45 lb. T and 60 lb. T.
EARNINGS—For years ending Dec. 31:
Gross.
Div'ds.
Net.
Int., taxes, <tc.
Balance.
1899
$53,007
$24,524
$18,318
$2,100
$4,106
1898
48,031
15,743
23,227
2,100
sur.5,384
5 p.
Pref. stock, 7 p. o., cum
1st M. $50,000 ($500). c.
(21)
c.
7 J-J
NORFOLK CENTRAL STREET RY.- A trolley road.
Controlled by Massachusetts Electric Companies, and in Nov., 1899,
was consolidated with West Roxbury & Roslindale Street Railway and
other roads in the Dedham district.
|
(22)
|
|
—V.
65, p. 925, 1021, 1171; V. 67,
V. 70, p. 1049, 1149.
p.
1260;
V. 68, p. 40, 619, 673!
on $121,000
(b)
stock, payable
Leased to
6 per cent
A&O.
BOSTON & REVERE ELECTRIC
ST.
RY.—
Organization— Incorporated June 24, 1889. Leased from July 1,
1895, for 99 years to Lynn & Boston, which guarantees interest on
the $50,000 bonds (of which $8,500 had been retired by the Lynn &
Boston up to 8ept. 30, 1899) and dividends on $50,000 stock from July
1. 1898, at 5 p. c. per annum.
Date.
Interest. Outstand'g. Lastdiv.,etc.
Bonds—
STOCK
Slock (par $100)
5 J- J
$50,000
1st mort. drawn at 104.. 1890
Feb. 1, 1910
41,500
Int.(notpr.)gU.nyL.&B. Interest at American Loan & Trust, Boston.
ROAD— Single track, 3-84 miles.
&
5P-A
<,
i>
(C)
EAST MIDDLESEX STREET RY.—
Organization— Owns 16-5 miles of track;
1-8; total, 183 miles. Leased May 1, 1893,
99 years at a rental
May
May
sidings, switches, etc.,
Lynn & Boston
to
for
1896, of $18,000 yearly in addition to
fixed charges then till
1, 1901, $24,000 yearly
and for remainder of lease, $30,000 yearly. Eight per cent dividends are paid.
Date. Interest. Outstand'g.
Maturity.
BONDSSTOCK
Stock ($100) $300,000
8
$297,700
Plain bonds, int. gu. (end.).
1898
5 M-S
120,000 Sept. 1, 1918
Plain bonds, int. gu. (end.).
1892
5 J-J
100,000 Jan. 1, 1902
Interest at Nat. Hide & Leather Bank., Boston.
The lessee in the lease agreed to stamp the bonds with a guaranty of
the prompt payment of int.— principal is not guaranteed. V. 67, p. 482.
;
till
1,
WINNISIMMET (STREET) RR —
Organization—Owns 2-0 miles of track. Leased to the Lynn A
Boston for 999 years from 1880, at $3,000 per aonum. Capital stock
(d)
is
$50,000, par $50.
(15)
Dividends in 1894 to 1899 6
p. c.
MYSTIC VALLEY STREET RY.—A trolley road,
consolidated
with the Wakefield & Stoneham Street Railway, which in 1900 was absorbed by the Lynn & Boston RR., which see.
(16) NASHUA STREET RAILWAY. -Trolley.
Organization— Incorporated Aug. 14, 1885. Controlled by Massachusetts Electric Companies.
Date.
STOCK, BONDS Etc.Stock,$325,000,(par$100)
O
Outstanding.
Maturity.
$250,000
150,000
April* 1,1911
Subject to call April 1, 1901
Loans and bills payable June 30, 1899, $54,000.
ROAD— Operates 14-47 miles of track.
Earnings—Years ending June 30
(17)
Gross.
Net.
$62,384
60,260
61,104
53,640
$19,741
15,873
17,180
10,573
Int.
<6
taxes.
$11,740
11,256
10,675
8,903
Balance.
$8,001
sur. 4,61
6 505
sur. 1,670
NEEDHAM & BOSTON ELECTRIC—
This newly constructed road was in Nov., 1899, absorbed by West
Roxbury & Roslindale Street Railway.
(18)
NEW BEDFORD MIDDLEBORO & BROCKTON ST. RY.—An
electrio road.
(24) PROVIDENCE & TAUNTON STREET RY.
ORGANIZATION— Owns trolley road from the centre of Providence to
and through Taunton, about 13 miles. Total track operated, 15*9 m.
Operated from June 25, 1898. Stock, $175,000; all outstanding.
Bonds, $200,000 1st mort. 20-year gold 5s, dated Sept. 1, 1898, $1,000
Loan & Trust Co., Boston, Trustee; issued $150,000,
$50,000 being held by trustee, to be issued for new property. On Jan.
2, 1899, div. of 2*9 p. c. was paid; on July 1, 2^ p. c; none since.
each, Amer.
(25) QUINCY & BOSTON STREET RY.—Trolley.
Organization.— In May, 1899, consolidated with Braintree Street
Railway. After consolidation stock was $583,400; par $100. Loans
and notes payable, $223,000; bonds of Braintree Street Ry., $35,000.
Stock since increased to $763,400 to fund floating debt and provide
means tor double-tracking and re-laying tracks.— V. 69, p. 1148.
ROAD —Owns 41-24
6 per cent
miles of track.
in 1895-96, 7 per cent
Dividends in year 1894-95 were
in 1896-97, 7 per cent
in 1897-98,
1898-99, 7 p. c.
EARNINGS— For years ending Sept. 30 earnings have been:
Net.
Gross.
Int., taxes, dc.
Divids.
Tear
Bal., sur.
1898-99
$175,216
$64,533
$21,892
$35,000
$7,641
1897-98
135,728
48,113
11,819
31,853
4,441
Total surplus Oct. 1, 1899, $58,578.— V. 68, p. 724, 928; V. 69, p.
955, 1148.
7
;
;
;
p. ct.; in
—
(26) READING & LOWELL STREET RAILWAY-This road has
been absorbed by the Wakefield & Stoneham, whose statement appears
below..
(27)
ROCKPORT STREET RAILWAY— Electric
road.
In Jan.
1900, was merged in the Gloucester Street Railway.
(28) SALEM & WAKEFIELD STREET RAILWAY— Has been
merged in the Wakefield & Stoneham, which see.
BOSTON STREET RY.—Trolley.
(29) SOUTH SHORE
Organization,—Consolidation in 1899 of the Braintree & Weymouth Street Railway, the Bridgewater Whitman
Rockland, the
Hingham Street Railway (the latter being a consolidation of the
Hingham, the Hull and the Nantasket Electric), the Hanover Street
Railway and the Rockland & Ablngton Street Railway. The combination .was arranged by Messrs. Pepper & Register of Philadelphia
Messrs. George A. Fernald & Co. of Boston have been negotiating
some of the securities.—V. 69, p. 229, 283).
In May, 1900, the Massachusetts Electrio Companies obtained control
through the purchase of $600,000 of the company's $690,000 capital
69, p. 1247.
NEWPORT & FALL RIVER STREET RY.—
Controlled by Massachusetts Electric Companies.
miles of track.
<fe
stock. Control has already passed into their hands, but the purchase price is not to be paid over until August next.— (V. 70, p. 997.)
Date. Interest.
Outstand'g.
Maturity.
STOCK AND BONDS
Stock, $690,000, par $100
$690,000
B
8
($ 1 000)
1891 5 F " A
Aug., 1919
335,000
gofd ;$l?000.O.i0: .
S
Interest at American Loan & Trust Co. (trustee) Boston.
8o,000 Mar. 1,1917
Braintree & Weymouth 1st? 1897 5 g. MS.
M. gold, $80,000
$Int at International Tr. Boston, trustee.
Bridgewater Whit. & Rock. > 1897 5 g. M-N.
85,000 Nov. 1, 1917
1st mort., gold, $1,000 c* S Int. at American Loan* Trust, Boston
100,000 May 1, 1915
Rockland & Abington tirnt) 1895 6 g. M-N.
mort., $100,000 gold... .c* 5 Int. at Old Colony Tr. Co., Boston, trustee.
—
'
-
This
a newly constructed road, extending from New Bedford,
through Acushurt, Freetown, Lakeville, Middleboro and North Middleboro and connecting at Bridgewater Center with the lines of the
Brookton Bridgewater & Taunton Street Ry. Stock, $350,000, of
which $326,575 paid in. No bonds; notes and bills payable October
1. 1899, $351,959. Total track owned and operated, 3193 miles.— V
is
(19)
NORTH WOBURN STREET RR.— Electric
<fe
Interest.
1st mortgage, $150,000
6 A
Interest at Nashua Trust Co., Nashua.
1898-99
1897-98
1896-97
1895-96
Roslin-
8-1 miles of track.
;
&
&
road. Operates
Stock, $100,000.
No funded debt, but Sept. 30,
1899, had $120,700 floating debt. Year ending Sept. 30, 1899, gross
earnings were $44,763; net, $12,512; surplus from operations, $4,289.
(23)
BOSTON & CHELSEA RR.-Owns 41 miles of track.
Lynn & Boston Street Ry. Co. at $7,260 per annum, equal to
(a)
NORFOLK SUBURBAN— (HYDE PARK).
In November, 1899, was consolidated with West Roxbury
dale Street Railway, which see.
Operates 15 1«
BONDS— It is expected that most of the above underlying liens will
shortly be taken up, when the consol. mortgage will become a first lien.
Road— Consists of 74 miles of electric road in Plymouth County,
Mass., of which 69 miles are owned and 5 miles operated under contract. Operates in Brockton, Braintree, Bridgewater, East Bridge-
MAP OF THE
BROOKLYN RAPID TRANSIT CO,
SYSTEM
-»«»
SURFACE AND ELEVATED LINES
AND FRANCHISES
SURFACE RAILROADS SHOWN THUS
ELEVATED
FRANCHISES 8HOWN THUS
giv/ A
i
MA
I C A
7/i
B A T ffo<Hx
#
\^
J\
'-i, ..
BENS
V
&
^
7"
S&Jgi/V:*/
1*5
'
CEMETERY'£Z
,
f
FORT
H-AIMILTON
)]
to
—
N>
-v
STREET RAILWAYS.
water, Abington. Rockland, North Abington, Hanover, Hingham, Hull,
Weymouth, Norwell, North Weymouth, East Weymouth, and. In connection with the Qulncy <fc Boston, runs through cars to Boston.
EARNINGS— For 1898 earnings of the several roads making up the
combination were $214,693 gross and $49,637 net. From date of consolidation (July 15, 1899), to February 1, 1900, gross was $134,531;
expenses and taxes, $100,522; net, $34,009.
OFFICERS— President, Albert L. Register of Phila.; VicePres., John
J. Whipple of Brockton; Treasurer, George A. W. Dodge of New Haven,
Conn.; Secretary, Gardner F. Wells.-V. 09, p. 130, 229, 283; V. 70, p.
688, 997.
(30) TAUNTON & BROCKTON STREET RAILWAY.—
ORGANIZATION— In August, 1899, acquired by Massachusetts
tric Companies and in 1900 merged with the Brockton Street Ry.
(31)
Elec-
TAUNTON STREET RAILWAY.- A trolley road.
ORGANIZATION— Incorporated Feb. 12, 1870. Controlled by Massachusetts Electric Companies.
BONDS— Date. Interest. Outstanding. Last divid'd, etc
STOCK
Dec, 1893
$350,000
Capital stock ($100)
Jan. 1, 1914
350,000
1894
5J-J
lsfmortgage
&
Mar. 1,1914
5M-S
200,000
1894
American Loan & Trust Co., mortgage trustee, Boston.
ROAD— Owns and operates about 17-1 miles of main track (measured
as single track) and 1-3 miles of sidings and switches; trackage over
other roads, -4; total track, 188.
Annual Report— For years ending Sept. 30
1899.
1898
1898.
Tear Sept. 30— 1899.
The unissued bonds may be sold for improvements and new con75 per cent of the actual cost of such
Improvements, etc. The company has no floating debt.
struction, but at not to exceed
Road—Owns In
I
Gross earnings... $80,507
44,140
Net Income
$70,452
32,230
Int., taxes, etc.. $41,927
'
Balance
$36,442
sur.2,213 def.4,212
WAKEFIELD & 8TONEHAM STREET RAILWAY- Trolley.
(32)
Acquired by the Massachusetts Electric Companies, and In 1900 absorbed the Mystic Valley, the Reading & Lowell, the Salem & Wake
Held and the Woburn & Reading. Later was itself consolidated with
the Lynn & Boston RR.
(33)
A trolley
road.
,
remarks
have been:
Tear—
1899,
1898,
1897,
1896,
1895,
trolley
in
1898,
Organization—
the Park City Ry., purchased at foreclosure Feb. 28, 1898, by the
Fidelity Trust & Safety V., trustee. V. 66, p. 472. Completed as an
electric road Sept. 1, 1895, to do both freight and passenger business
connecting river and city. Population of Bowling Green in 1895 (company's estimate) was 10,000, with suburbs 12,000.
Date. Interest. Outstanding. Maturity.
STOCK, Bonds Etc—
New mortgage
$40,000
20,000
1898
Road, ETC.— Owns 5 miles of track, including sidings.
OFFICERS— President, J. H. Wllkerson; Sec and Tre*s., T.
V. 66, p. 472.
Fitch.—
_
BRIDGEPORT, CONN.
Population 1890 was 48.856; in 1880 was 29,148;
and in 1870 was 18.969. (See below.)
BRIDGEPORT TRACTION-A trolley road.
In July, 1893, and operates by eleotrlcity
the entire system of street roads In the city. Owns a perpetual and
exoluBive f ranohise from the State of Connecticut and is exempt from
all city taxation. Population served in 1899 estimated at 65,000.
In April, 1900, control of stock was acquired by a syndioate for
aooount of the United Gas Improvement Co., which also has a large
interest In the Connecticut Lighting & Power Company. V. 70, p. 685The transaction Included the Shelton Street Railway, the Mllford
Street Railway and the Westport & Saugatuok Street Railway.
Outstand'g.
Last div., etcSTOCK
BONDS.— Date. Interest.
Btook (par$100)
$2,000,000 Aug.1,'99,1 p.o.
First M. g. ($1,000)0.* ) 1893 5_R. J.-J.
1,772,000 July 1. 1923
$2,000,000
5 Trustee Fidelity Title & Dep. Co., Newark, N.J.
Interest is payable at offloe of Redmond. Kerr & Co., 41 Wall St., N. Y.
Dividends— Aug., 1895, to Aug., 1899, Inol., 1 p. o. yearly.
Bonds—The mortgage is a first lien on the franchises and all property now owned, or which may be hereafter acquired. As required
under the laws of Connecticut the bonds are oertifled by State Auditor
as issued at not over 75 per cent of cost of road, eto.
Organization— Chartered
&
$86,120
85,950
84,150
82,075
75,000
Dividends. Bat., aur.
$20,000
20,000
20.000
20,000
20,000
$5><,018
49,271
35,739
30,685
52,187
30, 1899.
Liabilities-
/
Equipment
$
*o nan oii
* , 9b0 s * 1
Accounts receivable...
307
25,349
Cash
•
>
>
Stock
$2,000,000
1,772,000
19,931
194,556
Bonds
Accounts payable
Profit
and
loss, etc
Total liabilities
Total assets
$3,986,487
$3,986,487
Officers— President, A. M. Young, New York; Vioe-President, Randal Morgan, New York; Treasurer, Lewis Llllie (Newark, N. J.); Secretary, H. G. Runkle, New York.— V. 63, p. 836; V. 67, p. 426; V. 70, p.
685.
BRIDGEPORT, OHIO.
Population 1890 was 3,369; in 1880 was 2,395;
and in 1870 was 1,178.
BELLAIRE BRIDGEPORT & MARTIN'S
road.
FERRY STREET RAILWAY-A
trolley
In 1898 passed into the possession of the Wheeling Railway of
Wheeling, W. Va., by which it is operated.
Maturity.
STOCK
BONDS— Miles. Date. Interest. Outstandg.
Stock (par, $100)
$250,000
1893 6g. A-O
150,000 Oct. 1, 1913
1st M. $150,000 gold. )
c*<fcr$Sub. to call on any A&Oou and aft. Oct. 1,'08.
$1,000
Interest is payable at Farmers' Loan <fe Trust Co., N. Y., trustee.
Road— Operates 11 ^ miles of track.
&
BRIDGETON,
Population 1890 was 11,424;
and
IN 1870
was
N.
in 1880
6.830.
J.
was
8,722;
BRIDGETON & MILLVILLE TRACTIONIn June, 1899, entire stock was purchased by American Rys. Co
See the latter under Philadelphia.
BRIGANTINE BEACH,
N.
J.
BRIGANTINE TRANSPORTATION CO-
Organization— A reorganization per plan in V 63, p. 837. of Brigantine Transit Co. sold in foreclosure Feb. 4, 1897. Runs steamers
from Inlet (Atlantic City) to Brigantlne, connecting with Its electric
trolley road, extending along Brigantine Beach, 7 miles of track.
New Securities: $50,000 1st mortgage 5 p. c. 20-year bonds; 1st
preferred 5 p. c. stock, $125,000 2d preferred 5 p. o. stock, $75,000
common stock, $150,000, all issued. In June, 1899, the Co. issued
$25,000 20-year 2d mtg. 5s (M&N) to retire floating debt and for
double tracking. Continental Trust Co. is trustee.
EARNINGS— For year ending Dec. 31, 1899, passenger earnings of
railway, $8,527; other income, $634; total Income. Ss9,161; expenses,
$13,304. President, Geo. H. Cook, 50 Broadway, New York.— V. 64.
p. 373.
;
BRISTOL, CONN.
1915
S.
Interest.
;
road.
GREEN RAILWAY.-A
BOWLINGIncorporated
July,
as a reorganization of
Stook,par
Net.
$164,138
155,221
139,889
132,760
147,187
general balance sheet june
electric
Population 1890 was 7,803; in 1880 was 5,114;
and in 1870 was 4,574.
special report was given In V. 63, p. 836: see
For years ending June 30 and Dec 31 results
Assets—
Construction
)
WEST END STREET RY.—See Boston Elevated RR.
BOWLING GREEN, KY.
815
Gross.
I
WOBURN & READING STREET RAILWAY— An
p.
Dec. 31 321,445
Deo. 31. 319,544
Dec. 31. 303,419
|
(34)
miles, consisting of eight divisions centering
June 30.$356,15S
June 30. 333,409
j
road which was merged in the Wakefield & Stoneham Street Ry., the
Latter being •'ubsequently absorbed by the Lynn & Boston.
526
Annual REPORT— A
also
WEST ROXBURY & R03LINDALE STREET RAILWAY.—
Control held by Massachusetts Electric Companies. In Nov., 1899,
Massachusetts Railroad Commissioners approved consolidation with
Norfolk Suburban, Norfolk Central and Neodham & Boston, giving
authority to increase stock $337,500, to $537,500. Massachusetts
Commissioners later gave authority for a further increase of $262,500
to pay oft floating'indebtedness, making total stock $800,000.
Date.
Interest. Outstanding. Maturity.
STOCK & BONDS—
Stock
$800,000
1st M. $150,000, gold, s. f. ) 1896
5 g. M-S
150,000 Sept.l, 1916
($500) red. at 103 after > Interest at International Trust Co., BosSept. 1, 1901
c*) ton, Trustee.
Norfolk Central 1st mtg.
1918
gold. $100,000. Int. at
1893
5 g. J.-J.
$60,000
International TrustCo.,
(Subject to call after July 1, 1903.)
Boston, trustee
July, 1914
Norfolk Suburban, 1st) 1894
5
J.-J.
$73,000
mortgage
J Int. at Intern at'l. Tr. Co., Boston, trustee.
Road.— Consolidated road embraces about 30 miles of track.— V. 69,
p. 955, 1148, 1301.
fee
one point, the N. Y. N. H. & H. Ry. depot, and extending to Stratford, Fairfield, Southport and Westport. Extension to Westport completed May, 1898. In August, 1899, an extension from Bridgeport to
Shelton was opened, increasing mileage by 9 miles. Ralls are 90pound in city and 70-pound in suburbs.
EQUIPMENT— General Electric make; 53 closed oars, 51 new and old
open cars and snow-plough, sweepers, etc.
LATEST Earnings— 8 months > 1900. .Gross, $257,055: ret, $115,322
to February 28.
233,468; net,
96,406
S 1899. .Gross,
at
Debentures
Interest at
17
Population 1890 was 7,382; in 1880 was
and in 1870 was 3,788.
5,347;
BRISTOL & PLAINVILLE TRAMWAY.-A
Also furnishes electric lights.
Sept. 21, 1893. Stock authorized $1,000,000; issued, $100,000 (par $100). First mortgage 5s authorized,
$200,000 (M.&N.), due Nov. 1, 1925; int., M.&N.; outstanding, $135.000; bills payable June 30, 1899, $12,000. Length of railway measured as single track, 74 miles. For year ending June 30, 1899, from
passengers, gross, $36,415; from electric lights, etc., $24,610; total
gross, $61,025; net, $18,555; interest and taxes. $8,996; dividends,
$6,000; balance, surplus for year, $3,559. President, C. 8. Treadway,
Bristol, Conn.; General Manager, G. E. Cookings.
trolley road.
Organization— Organized
BROOKLYN,
N. Y.
Population 1890 was 806,343; in 1880 was 566,653;
AND in 1870 was 396.099.
TRANSIT.-fSe* adjoining
BROOKLYN RAPID
Map.)
Organization—A New York corporation organized in January,
1896, per plan in Chronicle, V. 60, p. 1145, to succeed to the property of the old Long Island Traction Company, foreclosed syndicate
headed by the late ex-Governor Flower having then bought control.
Cars began running over Brooklyn Bridge In February, 1898.—V. 66,
;
p. 383.
ASSETS— The following Is a statement of the
owned by the Brooklyn Rapid Transit Co.
equities
stocks, bonds
and
as of Nov. 1, 1899.
STKEET RAILWAYS.
18
$200,000
Entire capital stock Brooklyn Heights BR. Co (par)
Equity In »9» year lease of Brooklyn City Kit. Co. to Brooklyn
Heights RK. Co.
Construction account of Brooklyn Heights RR. Co. against Brooklyn
City RB Co. for extensions and improvements on leased lines,
amounting Sept.
*0.
18n'.i.
4,730,477
to
Entire capital stock Brooklyn Queeus Co. & Suburban RR. Co. (par).. 2,000,000
650,(00
h.iit ire capital stock Sea Beacb Railway ''o.. par value
190,768
Entire capital stock Sea View Railroad Co.. par value*
62,5!
First mortgage 6 per cent bonds Sea View RR. Co., par value
84,1»97*16 shares out of 85,' ou shares of the common stock of the Nas8,499,716
sau Electric RR. Co., par
60,520 shares out of 65,00 shares of the 4% cumulative preferred stock
e,052,coo
of Nassau Electric RR. Co.. par
85,443. shares out of 3*,S0r
shares of the 6« non-cumulative pre3,644,300
ferred stock of the Brooklyn Union Elevated UK. Co., par
120,2i9 shares out of 1 9,267 shares of the common stock of the
12,023,900
Brooklyn Union Klevated RK. Co., par
Entire capital stock of Coney Island & Gravesend Ry. Co. outstand35,4'
ing, par
2.000,000
•First mort. 5 p. c. bonds Brooklyn Queens C<i. &Sut>. RR. (par)
* First mortgage 5 per cent bonds Brooklyn City RR. (par)
1,627,' 00
i
To tal
*41.60t\046
par values
•Composing guaranty fund
for
performance of Brooklyn City Railroad Com-
pany's lease.
The Brooklyn Rapid Transit Company in April, 1899, also acquired,
through one of its constituent companies, all the franchises and properties of the former Brooklyn & Brighton Beach RR. Co., and this h*s
now Been converted into an electrio road. The company also then leased
for the period of 999 years the Prospect Park & Coney Island RR., the
New York & Coney Island RR. and the Prospect Park & South Brook
lyn RR. in November, 1899, also acquired from the Reorganization
Committee of the Kings County Elevated Railway Co. and Fulton Elevated Railway Co. all the preferred and common stock of the newlyorganized company which has succeeded to those properties. In exchange $2,000,000 of the stock of the Brooklyn Rapid Transit Co
was given. The capital Btock of the new Kings County Elevated Company is $2,800,000 preferred and $6,000,000 common, and the
company has an authorized bonded indebtedness of $7,000,000
in 4% bonds, of which only $5,000,000 has been issued, making the
total fixed charges of tha new company as acquired by the Brooklyn
Rapid Transit Co. $200,000 per annum.
The Brooklyn Vity RR. Co. is held uuder a 999-year lease, dated Feb.
14, 1893, guaranteeing all oharges and 10 per cent dividends on $12,000,000 of stock. The lease is nominally to the Brooklyn Heights RR.
Co. but practically to the Brooklyn Rapid Transit Co., since that company owns the entire capital stock of the Brooklyn Heights Company
and guarantees payment of dividends to lessor, as said above. In
1898 the Heights Company leased also the Brooklyn Queens County
& Suburban RR., theretofore operated separately. On April 1, 1899,
the Heights Company leased the Brooklyn Union Elevated RR. Co. for
one year for $100,000 and fixed charges, and also on the same date
the Nassau Electric RR. for one year for $150,000 and fixed charges
On Feb. 13, 1900, a lease of the Nassau Electric to the Heights Co.
was made for 999 years. See terms under Nassau Electric.
In April, 1900, the Brooklyn Heights Company began suit again t
the Brooklyn City RR. to recover about $2,000,000 for failure to fulfill
obligations claimed to be imposed by the terms of the lease between
the two companies.
In the reorganization of Long Island Traction the old $30,000,000
stock paid an assessment of $10 per $100 share, the old stock being
reduced to $20,000,000, and $7,000,000 of 5 per cent bonds being
authorized, against $3,000,000 of Long isiand Traction.
STOCK
&
BONDS—
Outstanding. Interest.
Maturity. Ann. charge.
8tock, $45,00,',000.... $45,000,000
B'klyn R^T.,g.,mort., \
6,625,000 5g A-0 Oct. 1, 1945
$331,250
250,000 5 A-0 Apr. 1, 1941
12,500
3,500,000 5g J-J *July 1, 1941
175,000
2,834,000 5g M-N *July 1, 1941
141,700
guar. p.&i. (end.) S
240,000 5g J-J Jan. 1, 1930
Jam. &B. RR. IstM.
12,000
-s Sep. 1, 1916
Pea B'h Ry. 1st M., gu.
650,000 4gM-S
26,000
6 2,500 <;
J-J Jan. 1, 1907
Sea View RR. IstM...
3,150
Brooklyn Un. Eleva12,890,000 §4g F-A Feb. 1, 1950
515,600
tedRR. Co. 1st M.. \
Central Trust Co., New York, Trustee
1895. $7,000,000.
B'klyn H. RR. IstM.:
B. Q Co. & Sub. 1st M.
First consol. mort. >
'
Nassau Electric RR.
consol. mtge.
bonds ($1 ,000) c*&r
Co.
'
$15,000,000
1st mtge.
1
I
f
J
bonds
At.Ave.lst mtge
" " Gen.M.g.'91.
At. Ave. Imp. $1,
500,000,gold, '93
tB.B.&W. E.lstM.
Ser.A.red.Jan '97
tB.B.&W. E.lstM.
5
)
Ser.B,red.Jan.'97
5
tB.B.
&W.E.2dM
red. July, 1896.
B.B.&W.E.
4 g J-J Jan. 1, 1951
357,878
Guaranty Trust Co., New York, Trustee.
8,946,960
660,000 5 A-O
759,000 5 A-O
2,241,000 5g A-0
220,000 5g J-J
1,
1944
1909
1931
1934
33,000
37,950
112,050
11,000
Apr.
1,
Jan.
1,
J&J
Jan.
1,
1906
12,500
A&O
5 J&D
5gA&0
Jan.
1,
1916
12,500
Jun.
1,
1911
1933
2,600
6.052
$1,802,730
250,000
5
250,000
5
52,000
121,040
Apr.
Oct. 1,
Genl. g.
Oct. 1,
Total interest charges
Rental
939 years.
B'klyn City RR. stock. 12,000,000 10 Q-J is
6,000,000 5 J-J JJuly 1, 1941
1st consol. M., 1891.
200,000 5 J-J July 1, 1908
B'klyn Crosst. 1st M.
200,000 6 J-D Jan. 1, 1907
Cal. Cem. &G.lstM.
—
1,200,000
300,000
10,000
12,000
200,000 412F-A July 1,1941
New W. & Fl. IstM.
9,000
125,000 6 M-N May 1, 1910
G. & Lorimer 1st M.
7,500
200,000 5 F-A July 1, 1906
Gr. bt.& New. IstM.
10,000
Total interest charges and rentals
$3,351,230
Less interest on bonds owned (see list preceding)
184,500
Net fixed charges, entire system
$3,166,730
* Subject to call May 1, 1916.
1 Subject to call in
t Subject to call.
1916. § Five per cent after Feb. 1, 1905.
In his annual report President Rossiter estimated the entire net
fixed charges for the year beginning July 1, 1899 (including the Kings
County Elevated), at $3,406,000.
STOCK— Stock authorized is $45,000,000 issued $45,000,000. The
stock was formerly held in a voting trust, but this terminated January
1, 1900, and control is now vested in the owners of the shares.
The Rapid Transit stockholders voted Feb. 11, 1899, to increase
the stock from $20,000,000 to $45,000,000.— V. 68, p. 185, 329.
In April, 1899, stockholders were given the privilege of subscribing
to the extent of 7% of their holdings for Brooklyn Rapid Transit
;
stock at par, the proceeds of this issue of stock being used in
the acquisition of the Brighton Beach Railroad properties and
the electrical reconstruction of those properties, as well as of the
leased properties of the Prospect Park & Coney Island RR. Co. and
allied lines. The total amount thus issued was $2,713,900,
Bonds—Of the $7,000,000 fifty-year gold 5s of 1895, $1,875,000
took up collateral trust notes, $3,000,000 went to stockholders for the
assessment balance for future requirements of the road. For description of property covered by the mortgage see V. 62, p. 1138. The
Central Trust Co. is mortgage trustee. In December, 1897, bonds for
$1,217,000 were listed, issued for purchase of Sea View RR. and for
extensions and improvements.— V. 65, p. 1219. In October, 1898,
$227,000 additional were listed. See application in full, V. 67, p. 904.
Brooklyn City RR. mortgage of 1891 is for $6,000,000 and is a first
lien on the old Brooklyn City road and a consol. lien on the lines
acquired by consolidation in 1890. Of the $6,000,000 issued, $4,373,000 are in the hands of the public and the balance is held in the
guaranty fund.
The total authorized issue of first consolidated mortgage gold 5s of
the Brooklyn Queens County & Suburban RR. is $4,500,000, of which
$1,666,000 are reserved for extensions, on which they will be a first
lien
Of the $2,^34,000 outstanding, $2,255,000 in 1898 were endorsed with the guaranty of the Brooklyn Heights RR. Co. as to principal and interest, and in January, 1899, provision was made for
guaranteeing the remainder on the payment of ten dollars per bond
Both B. Q. C. & S. loans are subject to call in 1916.
The Sea Beach Ry. 1st 4s also are guaranteed as to principal and interest by the Brooklyn Rapid Transit Co.— V. 65, p. 1219.
MILEAGE—The system February 1, 1900, included:
;
Miles.
Brooklyn Heights RR
Brooklyn City RR
Miles.
1-27 New York & Coney Island..
2-41
204 77 Prospect Park & So. Bklyn. 115
Brookl. Queens Co. and Sub 45-03 Coney Island & Gravesend.
6-43
Nassau Electric
129 70 Sea Beach Ry
12-23
Brooklyn Union " L"
41-89 Kings Co. & Fulton "L"
21-72
Brooklyn <fe Brighton Beach 17-86
2-20
Sea View RR
Grand total
504-00
Prospt. Pk. & Coneylsland. 17-34 Franchises unbuilt (about). 200-00
The company in 1899 opened several new routes to Coney Island,
among them one from Hamilton Ferry to the Island, another from the
Bridge to Brighton Beach (surface route) also from Broadway Ferry
to Brighton Beach, besides beginning the running of through trains
to Manhattan Beach via the Elevated road. On May 29, 1900, increased
the fare to Coney Island to 10 cents on the Sea Beach and Culver lines,
the extra fare being collected at 22d Ave. Only one fare is charged
from 39th Street Ferry or Hamilton Ferry to the Island. See V. 70, p.
-
;
1248, as to right to collect the extra fare.
On Nov. 1, 1899, began giving transfers between the elevated and
surface roads at certain points of juncture between the two, but discontinued transfers at the same points from one surface road to
another. In Feb., 1900, on the recommendation of the State Railroad
Commissioner,s, this last arrangement was modified so as to grant
optional transfers (good for either the surface roads or the elevated
line) at 65th St. and 3d Ave., and 36th St. and 5th Ave. On May 29,
1900, began giving all its various transfers on Sunday, previously
withheld on that day.
General Finances— During the year ended June 30, 1899, the
Company added to its property 238 miles of track, elevated and surface, and the acquisition of the Kings County Elevated gives 22
additional miles. All of the properties thus acquired were secured
through the issue of new Brooklyn Rapid Transit stock and entail no
new fixed charges for such purchase except the rental to be paid for
the Prospect Park & Coney Island RR. ($40,000 per year) from the
time the lease of that property went into effect— June, 1899. Moreover, all the properties whose stocks have been acquired by the B. R.
T. Co. have recently had their fixed charges greatly reduced by process
of reorganization.
Report The annual report will be found in the Chronicle of
August 26, 1899. The method of operation is to have all the railroad
companies leased to the Brooklyn Heights Railroad Company, which
is the operating company, and the income of the Brooklyn Rapid Transit Company consists of the surplus profits of the Brooklyn Heights
Company, and such moneys as it may receive from the stocks and
bonds held by it. The table below gives the operating statement of
the Brooklyn Heights Company for the year ending June 30, 1899,
with comparison for the preceding year, and includes the operation
of the Brooklyn Heights Railroad Company, the Brooklyn Queens
County & Suburban Railroad Company, the Brjoklyn City Railroad
Company and the Sea Beach Railway Company for the entire fiscal
year, and of the Brooklyn Union Elevated Railroad Company and
Nassau Electric Railroad Company for three months only of the fiscal
For purposes of better comparison the figures of the leased
year.
companies for the corresponding period of the preceding year are combined with those of the Heights Company, although they were not at
that time a part of the Brooklyn Rapid Transit system.
—
OPER»TING STATEMENT, BROOKLYN HEIGHTS RAILROAD COMPANY.
1898.
1899.
Fiscal year ending June 30
$6,616,361
Gross earnings
$7,412,434
Operating expenses —
$902,852
General, incl. taxes & ins... $1,079,328
2,175,923
2,246,711
Transportation
262,638
213,888
Maintenance of track, etc
501,948
589,553
Maintenance of equipment.
437,595
491,141
Maintenance of power
4,232,206
4,669,371
.
Net earnings
Income from other
Gross income.
Fixed charges
.
43.063
13
$2,384,155
*185.453
$2,743,076
2,289,909
$2,569,613
2,482,349
$2,i
sources.
$87,264
$453,167
Surplus.
Includes income from guarantee fund ($181,369 50), which in the
succeeding year was paid directly to Brooklyn Rapid Transit Com
pany and did not pass through operating company's accounts.
*
STREET RAILWATS.
The above figures lnolude a charge of $529,212 for damages, a large
preceding
part of which was on account of accidents occurring in
the rentals paid to leased comfiscal years. The fixed charges include
Brookpanies, including the Nassau Electric Railroad Company and
Is owned
of
whose
stock
most
Company,
Railroad
Elevated
Union
lyn
toy the Brooklyn Rapid Transit Company.
BROOKLYN KAl'ID TRANSIT COMPANY INCOME ACCOUNT FOR TEAR
ENDING JUNE 30, 1899.
From
"
"
"
$188,394
182,000
425
miscellaneous
Brooklyn Heights RR.Co.'s surplus.... 471,554
on bonds and loans
on bonds sold
interest
profit
-
ExpensesFor interest
" taxes and miscellaneous expenses
50
84
00
77
$842,375 11
-
-— -—
-
Divs.
379,825
$462,549
215,579
$678,128
86
25
50
75
_„_„_„_
tj^o,5oY oo
$54,54140
Surplus carried forward
Latest Earnings- In the following figures of the Brooklyn Heights
RR. the results include the same companies in both years.
Interest,
Balance
Other
Net
6 mos. end. Gross
surplus.
taxes, etc.
income,
March 31. earnings, earnings.
$1,921,847 $148,830 $2,1 '6,137 def.$65,454
2,109.580 def.594,983
150,577
1,364,020
OFFICERS— President, Clinton L. Rossiter; Chairman of Board, A. N.
Brady; Vice-Presidents, Horace C. Du Val and T. S. Williams; Secretary and Treasurer, C. D. Meneely; Gen. Manager, J. C. Brackenridge,
Clinton and Montague sts., Brooklyn.
Directors— Clinton L.Rossiter, August Belmont, Horace 0. DuVal,
H. H. Porter, Timothy S. Williams, John G. Jenkins, E H. Harriman,
Anthony N. Brady, Henry Seibert, Walter G. Oakman, David H. Valen
Index— V. 68, p. 130, 185
tine, A. R. Flower, Frederick P. Olcott.
329,472, 523, 570, 617, 669, 721, 770, 821, 870, M75, 1131, 1179, 1224;
V. 69, p. 26, 78, 129, 130, 229, 439, 450, 491, 1103, 1148, 1192, 1246.
1345; V.70, p.75, 12.3,175, 229, 328, 329. 429, 531, 840, 944, 1048,1248
1900
189V.
Long Ii-land Electric for the running of cars to Jamaica, Queens,
Hempstead and Far Rockaway.— V. 64, p. 330.
Trains began crossing the Brooklyn bridge in November, 1898.
STOCK and BONDS.— The Brooklyn Rapid Transit Co. owns the
entire stock.
41 ,564 77
-
ORGANIZATION—The old Kings County and Fulton Elevated roads
were sold at foreclosure July 6, 1899, and on July 7 the present Kings
County Elevated Railroad Company was incorporated. The foreclosure was in accordance with reorganization plan in V. 68, p. 724.
In Oct., 1896, arrangements were first made for the running of
through trains to Brighton Beach. V. 63, p. 754. In July, 1899, began
running trains to Manhattan Beach (V. 69, p. 80) in connection with the
Brooklyn & Brighton Beach and a section of the Manhattan Beach
division of the Long rsland RR. Connection was made in 1897 with
the
„„„„„,,.«
«wd» ,£o i>v
Surplus for year
Accumulated surplus prior to June 30, 1898
Total surplus June 30, 1899
Deductions from surplus—
For new equipment and construction on rail$300,482 33
road properties
" extinguishing old deficiencies of B. Q.
0. & S. HR. Co. accrued prior to its ac321,174 19
quisition by B. R. T. Co
1,930 83
Direct to protit and loss
19
$5,401,109
5.011,617
STOCK & BONDS—
Stock, common, $6,000,000
Stock, pref. 5 p.
c.
Date.
Rale.
Amount.
on
Maturity.
$6,000,000
non-cum.,
2.800.000
f, 000,000 Aug. 1, 1949
4
J Int at Central Tr.Co., N. Y., Truhtee.
Of the 1st mortgage for $7,000,000, $2,000,000 remains in the treasury for future improvements.
ROAD— Main line from Fulton Ferry to Liberty and Grant Avenues;
839 miles; leased from Brooklyn & Brighton Beach, 3-24 miles; total,
1163 miles; second track, 11-63 miles; third track and sidings, 531
miles. Grand total, 28-57 miles.
Annual Report— Fiscal year ends June 30.
1898-99.
1897-98.
1896-97.
$679,623
$694,480
$725,314
Gross
74,862
175,482
62,707
Net
6,321
7,385
16,870
Other income
$2,800,000
io*™+„
1st mtg.,
„«i,i $7,000,000.
«7nnnnrinr.c.
gold,
51899
Net income
-V.
$69,028
$82,547
$192,352
68, p. 187, 331, 977, 1226; V. 69, p. 80, 130, 1103, 1148.
(3)
NASSAU ELECTRIC RAILROAD.—trolley road.
Organization— Chartered March 13, 1893, under the laws of New
York. Opened in July, 1895, and in April, 1896, leased the Atlantic
Avenue RR., etc. Cars commenced running over the Brooklyn Bridge
Feb. 15, 1898— see V. 66, p. 383. In Jan.. 1899, sale of Nassau Electric stock, formerly held by Johnson Brothers, R. T. Wilson & Co. and
others, was made to Brooklyn Rapid Transit, and subsequently the
latter also acquired the holdings of Patrick H. Flynn. As stated
above, the Rapid Transit Company owns $8,499,716 out of the
Companirs Controlled by Brooklyn Rapid Transit Company.
$8,500,000 common stock of the Nassau Electric and $6,052,000 out
(l)BROOKLYN UNION ELEVATED RR.— A steam road now of the $6,500,000 preferred stock. The Rapid Transit assumed the
being changed to electric.
management of the road on May 1, 1899.
Organization—Organized in January, 1899, as successor of the
April 1, 1899, the Nassau Electric was leased for one year to the
Brooklyn Elevated RR. and its allied lines per plan in V. 64, p.
Brooklyn Heights RR., and Feb. 13, 1900, a lease for 999 years was
properties
were
on
609. All the old mortgages were foreclosed and the
made from Apr. 1, 1900. Under the lease the Heights Company will
Feb. 16, 1899, transferred to this company. The cash contributions
pay all fixed charges, taxes and organization expenses of the Nassau
levied aggregated $1,921,500. Is to be merged with Kings County
Company, and in addition all net earnings from the property leased
Elevated.
On April 1, 1899, road was leased to Brooklyn Heights RR. Co. for
one year for $100,000 and fixed oharges.
Fixed Charges.—Only $12,890,000
first
mortgage bonds have been
issued to carry out the plan, and the present yearly fixed charges are
estimated as follows: Interest on firsts at 4 p. c, $515,600; taxes
(est.), *108,000; total, $623,600 (old fixed charges were $882,083).
Date. Interest. Outstand'g. Maturity etc.
STOCK AND BONDS.
$12,926,700
Com. stock, $13,000,000
oo ft i ftft
Pref. stock, 5% non-cum.,
o 8W,1DU
a
,
$5,000,000
'
5
12.890,000 Feb. 1, 1950
* < F. & A. 5 Trustee, Cent. Trust,N. Y.
till '05, then 5% ($1,000) $
ROAD— Owns from Fulton Ferry to East New York, 5-73 miles Broadway and Lexington Avenue to Broadway Ferry, 2-78 miles, and Myrtle
Avenue to Adams Street and Brooklyn Bridge, 5*08 miles branch tc
Greenwood, 358 miles to Cypress Hills, 1*4 miles, and to 65th Street,
1-77 miles; total, 2034 miles; second track, 2034 miles; sidings, etc.,
1-30 miles; total track, 41-98 miles.
The company's trains have been run across the Brooklyn Bridge
ainoe June, 1898, (V. 66, p. 1187), and on July 1, 1898, the operation
of the Bridge railroad was commenced. The oontraot was made by the
then receiver. A share of this contract is assumed by the Kings County
Elevated. See terms of contract in V. 67, p. 27, 426. The main lines
will be entirely equipped with eleotricity (third-rail system), by
July 15, 1900.— V. 66, p. 27. In July, 1899, {the running of electrio trains to Coney Island (via the Fifth Ave. branch and the Prospect
Park <fe Coney Island) was begun.— V. 69, p. 129. On Jan. 29, 1900,
began to use the eleotric system on the Lexington Avenue (East New
York) line.— V. 70, p. 22P.
In March, 1898, an agreement was made with Long Island RR. proTiding for Joint construction of connecting line at East New York and
running of through trains from Jamaica to Brooklyn Bridge and from
Rookaway Park to Broadway ferries. Construction begun in Nov.,
1898, and work completed in February, 1899.— V. 67, p. 1054. Rookaway line operated from July, 1898, and line to Jamaica opened in
Oot., 1898. V. 67, p. 124, 175, 954.
Annual Report— Earnings are now inoluded in Brooklyn Rapid
Transit. Report for year ending Deo. 31, 1896, in V. 64, p. 80. Increased earnings in 1895 were due to strike on trolley roads.
Tears—
Gross.
Balance.
Net.
Old Oharges.
1897-8
$1,626,423
$550,365
$291,624
$841,989
1896-7
1,669,581
*48,544
634,411
882,955
1896 (oal. year)
1,719,398
def. 197,235
684,260
881,495
1895
do
..
2,082.937
sur.
65,271
924,699
859,428
Officers.— President, Clinton L. Rossiter; Vice-President, William
Halls, Jr.; Secretary and Treasurer, T. S. Williams.— V. 68, p. 230, 280,
426. 570, 617, 721, 821 V. 69, p. 26, 78, 129; V. 70, p. 229.
lstM.,$16,000,000g.,4%)
1fiQQ
oy
<4to 5g.
)
;
;
;
. .
;
KINGS COUNTY ELEVATED RR.—A steam
road, but is being
ohanged to electricity under the arrangement by which the property
has passed into the possession of the Brooklyn Rapid Transit Co.. the
formal transfer of which occurred on Nov. 25, 1899.
Will be merged with Brooklyu Union Elevated.
(2)
the latter to be not less each year than 4 per cent on the $6,500,100
outstanding Nassau preferred stock.
The Nassau Electric Railroad and its subsidiary lines in 1898 underwent recapitalization, by which provision was made for the retirement of all of the outstanding securities of the various companies
controlled by it, viz.: The Nassau Electric Railroad Co., the Atlantic
Avenue Railroad Co., the Brooklyn Bath & West End Railroad Co., the
Kings County Traction Co.—see V. 66, p. 39, 183. The aseeta of the
Kings County Traction Co. were purchased at public sale in July, 1898,
by the syndicate conducting the consolidation.— V. 67, p. 74, 125.
Certificate of merger of Atlantio Ave. RR. and United RR. was filed
on Jan. 26, 1899.— V. 68, p. 283, 821.
Date.
Interest. Outstand'g.
Maturity.
BONDS—
STOCK
Common stock, $8,500,000
$8,500,000
Pref. 4 p. c. cum,$6,500,00O
6,500,000
BONDS— For details see Rapid Transit statement above.
ROAD— Road extends from Broadway Ferry to Canarsie landing, 39th
Street Ferry, Sheepshead Bay, Manhattan Beach and Fort Hamilton;
with Atlantio Avenue lines, reaches City Hall, Fulton, Wall and South
ferries, Bensonhurst, Bath and Coney Island; total road (including
1-18 miles over the Brooklyn Bridge and 3-16 miles of the Coney
Island & Gravesend RR. (leased), 70-95 miles; second track. 70-62
&
660 miles. Grand total of track, 14817 miles.
Atlantio Ave. RR. owns the double-track steam road from Jamaica to
Flatbush Avenue Station in Brooklyn 9*3 miles (19 miles of track),
which is leased for 99 years from June 1, 1877, to the Long Island RR.
Co., affording that company entrance into the City of Brooklyn— rental,
formerly a percentage of receipts, was changed in 1895 to $60,000
yearly.—V. 61. p. 828.
Latest Earnings— Earnings are now included In earnings of Brooklyn Rapid Transit.
Earnings, Etc.— For year ending June 30, 1898, earnings, etc., were
as below: (8ee V. 67, p. 840.)
Gross earnings
$260,584
$2,054,080 Interest on bonds
72,000
Operating expenses
1,259,838 Taxes
miles; sidings, etc.,
Rentals
Net earnings
Other inoome
—
$794,242
63,610
Total oharges
Balance, surplus
477,444
$8 10,028
$47,824
Total net
$857,852
V. 68, p. 283, 721, 821; V. 70, p. 125, 328.
UNITED RAILROAD—Successor in January, 1898, to Brooklyn
Cable Co., sold in foreclosure Dec. 23, 1897. Capital stock is $300,000
($100 shares). In February, 1899. merged in Nassau Electric RR.
(4)
PROSPECT PARK & CONEY ISLAND RR.— A
trolley road.
Organization— Controlled by Long Island RR., but on June
17,
1899, the Brooklyn Rapid Transit Co. took possession under a lease for
999 years and equipped the road electrically. (V. 68, p. 1224; V. 69,
In consideration of a guaranty by Long Island RR.. annual
p. 654.)
interest on the greater part of P. P. & C. I.'s bonded debt was reduced
from 6 and 7 per cent to 4i« per cent. See V. 56, p. 42; V. 62, p. 187.
STREET RAILWAYS.
20
STOCK
&
BONDS—
Date.
stock
2dM..'now"iVt'($i',000)
each). c.*&r... ......
3d M. (now 2d), gold)
($1,000 each). o.*&r. \
Maturity.
Outstand'g.
Interest.
............ $250,000 ......-..----
1886 4»a F. & A. 340.000 Feb. 1, 1926
*60.000 Feb J, 1926
F. & A.
1886 6
96,000 Mar. 1, 1931
1891 4»«g. M.&8.
1891 6g. M.& 8. 104,000 Mar. 1,1931
Interest on above mortgages payable at U. S. Mort. <& Tr. Co., »• *•
250,000 May 1, 1920
Income bonds. non-oum. ..?
2 ?'Z£5
R.E.M., June 30. 1899
,
434,000
Bills pay a'le June 30,'99
ROAD.— Owns 9th Ave. and 20th Street, Brooklyn, to Coney Island,
New
etc, 5-68 miles; branches owned, -32 miles; leases (including
York & Coney Island and Prospect Park & South Brooklyn) and trackage rights, 7-19 miles; total road, 13-19 miles; seoond track, sidings,
2061 miles. Grand total of track, 33-80 miles.
EARNINGS.— For years ending June 30 earnings were
VAN BRUNT STREET & ERIE BASIN
etc.,
Balanee*79.228 def.$69,821
79,970 def. 59,497
-(V. 65, p. 619, 869; V. 66, p. 336, 951; V. 68, p. 669, 1224; V. 69, p.
Other income.
Net.
Year— Oross.
$24,233
1898-9.. ..$98,437 def.$14,826
26,415
3,057
1897-8. ...111,769
654.)
Int.,taxes,etc.
»
CITY & NEWTOWN
BROOKLYN
Brooklyn City BR.
Coney Island
RR.-See
&
& BROOKLYN Re- running
CONEY ISLAND
1860. Cars commenced
Chartered Dec.
10,
organization—
over the Brooklyn Bridge Feb. 15, 1898.— See V. 66, p. 383.
Brooklyn City & Newtown was leased in November, 1897, for 999
years, and practically all of its oapital stock acquired.— V. 65, p. 1070.
Outstand'g. Last div., dc
Interest.
BONDS.— Date.
Stock
Q.-F. $1,998,000 May l,'00,2i»
StkT$2,0^0*000(p$100)
» rt -- cur -» °- \ 1883 5
First
300,000 July 20, 1903
J. - J.
Bank, Brook.
Mechanics'
'"Tru8tee,Brook. TrustCo. Int. at
$400,000 July 1, 1903
5 J. - J.
Cert, of indebt. ($1,000) 1895
1,000,000 July 1. 1948
1898 4g. J. - J.
First consol. mort.,
$2,000,000, gold. .. I Trustee, Mercantile Trust Co.
SECURITIES— Stock authorized $2,000,000, an increase of $1,000,000
having been made in 1898, to take up B'klyn Citv & Newtown stock.
Of the $2,000,000 4s of 1898, $300,000 are reserved to take up the
1st 5s and $400,000 to retire the certificates of indebtedness; the remainder «an be issued only upon assent of two-thirds of capital stock;
$200,000 were thus issued in 1900, raising amount outstanding to
&
m
$1,000,000.
ROAD—Brooklyn to Coney Island, with branches, 13% miles; Brooklyn City & Newtown RR., main line and branohes, 9-85 miles; trackage
rights, 2-27 miles; second track and sidings, 23-63 miles; total operated, 49-50 miles.
$1,000,000; in 1894, 5 per cent; in 1895, 6 percent; in 1896, 5 percent;
in 1897, 6 p. c; in 1898, 8^ per cent; V. 67, p. 955. In 1899; 10 per
cent. In 1900, Feb., 2^ p. c; May, 2^ p. c.
Latest Earnings— July 1 to March 31:
Other
—
Interest,
Income, taxes, etc. Surplus
$960,991 $346,974 $61,458 $280,425 $128,007
1900
106,622
242,359
58,749
290,232
796,950
1899
EARNINGS— For years ending June 30, 1899, and June 30, 1898, including the B. C. & Newtown from Dec. 4, 1897, the earnings were
Net
Gross.
Oth. inc. Int., taxes, etc. Bal.,sur.
Net.
Oross.
12 mos.
$213,794
$310,624
$84,933
$439,485
1898-9. ..$1,133,859
85,416
245,221
43,468
287,169
769,924
1897-8...
1897-8,
were
entire
year,
for
the
both
roads,
earnings
combined
The
net,
Gress, $956,778, net, $372,185, against gross, $856,645,
$302,614, in 1896-7.
Six months to Dec. 31:
Surplus
Chargis.
Other inc.
Net.
Gross.
6 months.
$204,132 $115,138
$56,746
$262,524
...$701,920
1899
98,431
176,659
55,467
219,623
572^53
1898.
Cannon;
Duncan
B.
Treasurer,
Heins;
John
L.
President,
OFFICERS—
Superintendent, D. W. Sullivan.
Office, DeKalb and Central Aves., Brooklyn.— V. 66, p. 38, 383, 1044;
V. 69, p. 1345.
Controlled by Coney Island
BROOKLYN CITY
«fc
Brooklyn RR.
See text.
$1,923,400
July 1, 1939
2,000,000
5 J. - J.
191,605
R.E.morts
(mortgage trustee).
Trust
Co.
Mercantile
at
dividends
and
Interest
ROAD— Length of road, 9-85 miles; length of track, 20-86. Weight of
.
lbs.
1899.
1898.
1894. 1895. 1896. 1897.
11
11
7^
10
6^
Latest Earnings.— See Coney Island & Brooklyn RR.
Dividends-? 1893.
Percent.
\
3%
8
BUFFALO,
N. Y.
Population 1890 was 255,664; in 1880 was 155,134;
and in 1870 was 117.714.
BUFFALO HAMBURG & AURORA RYTo be a trolley road,
ORGANIZATION— Incorporated in 1898. Stock, $400,000; 1st mortgage 5 per cent 25-year bonds authorized, $400,000; Buffalo Loan
Trust & Safe Deposit Co. trustee. Contract let in March, 1 899, for
construction of 19 *« miles main line, brick power-house, car-house and
turn-outs; total track, 21 miles. Work delayed, owing to difficulty of
obtaining right of way, which was settled latter part of October.
Work now being pushed; 4 miles of track laid. Power-house well
under way, and 14 miles of the line expected to be opened by Aug. 1
1900.
OFFICERS— President, A. J. Benzing; Vice-President, Walter Phelps;
Sec. and General Manager, U. L. Upson, 1095 Ellicott Square, Buffalo.
BUFFALO & WILLIAMSVILLE ELEC- RY-
ORGANIZATION— Chartered August 10, 1891. On June 30, 1899,
stock, $75,000 ; no bonds. Operates 5^ miles of track, Buffalo to
Williamsville, 56-lb. rails. For year ending June 30, 1899. gross,
$11,459; net, $4,243; taxes, $503. In 1897-8, gross. $12,161; net, $4,459.
OFFICERS— President and General Manager, J. Blocher Vice-Pres-.
E. C. Longnecker; Sec, A. C. Rinewalt; L. L. Grove, Supt. and Treas.
RR.-Trolley.
of the Long
October,
1899,
consolidation,
is
This
a
ORGANIZATION—
Island Electric Ry., chartered on March 5, 1894, and the New York &
North Shore Railway. V. 69, p. 906. Controlled by parties identified
with the New York York & Queens County.
In October, 1899, the Appellate Division of the Supreme Court
upheld the right of the Long Island Electric under the General Railroad law to run cars carrying express matter. V. 69, p. 744. This decision was affirmed by the Court of Appeals in June, 1900. V. 70, p.
1249.
Q-roi-tf A, Rnisins—
Stock «2 100 000 ($100)
L I?El?l£ M:?$600,000
Date.
Interest.
Outstand'g.
Maturity.
$2,100,000
)
1895
5
g.
INTERNATIONAL TRACTION CO.-Trolley.
in 1899 under New Jersey laws, and has
the electric railways connecting the cities of Buffalo,
Niagara Falls, Lockport, North Tonawanda and Tonawanda, together
with all the street railway systems in all of said cities; also the electric railway connecting the villages of Depew and Lancaster with
Buffalo. It has also acquired the Canadian Electric Railway, traversing the emire length of the Queen Victoria Niagara Falls Park,
and connected it with the American system by the acquisition of the
steel arch bridge at Niagara Falls and the Suspension Bridge between
Queenstown and Lewiston, which bridges have been equipped with
trolley tracks.
Date. Interest. Outstand'g.
Maturity.
Bonds—
Stock
$10,000,000
Stock, common, $10,000,000.
5,000,000
Prf ,4 p.c. cum.. $5,000,000
11,428,000 July 1,1949
Collateral trust, $30,000,000 1899 4g.,J-J
Guaranty Trust Company, New York,
($1,000), gold, c*. Interest.
Trustee.
at agency in New York.
May be called at 110 on any interest date.
The following is a list of the constituent companies, with their stock
and bonds outstanding:
Existing
Existing
fames of companies.
bonds.
stock.
Buffalo Properties—
Buffalo Railway Co
$5,999,500
$5,370,500
Cross-town Street R'y Co. of Buffalo. .
2,624,000
2,860,000
673,000
600,000
The Buffalo Traction Company
Organization— Organized
acquired
all
&
<
Buffalo Bellevue & Lancaster Ry. Co..
Buffalo & Niagara Falls Electric Ry . .
Buffalo & Lockport Railway
Elmwood Ave. & Tonawanda Elec. Ry.
.
J-D * '600,000 June
1, 1
925
0* S Int. at Hamilton Trust, Brooklyn, Trustee.
<$l 000>
110,000 Dec. 1,1927
N.Y &No:"s'ri:Ry.'M.,g.? 1897
trustee.
($1,000) $1,500,000... 5N. Y. Security & Trust Co.,
215,000
925,000
500,000
90,000
*
',250,000
*1,000,000
14,125
Tonawanda Property—
Buffalo Tonawanda <fe Niagara Falls
Electrio Railroad Company
•1,500,000
Niagara Falls Properties—
Niagara Falls & Susp'n Bridge Ry. Co.
Niagara Falls Whirlpool & Norh'n Ry.
International Bridge Properties —
a Niagara Falls Susp'n Bridge Co...
b. Clifton Suspension Bridge Co
a. Lewiston Connecting Bridge Co...
b. Queenston Heights Bridge Co
Canadian Property—
Niagara Falls Park
NEW YORK & NORTH SHORE
:
Stock, $200,000,
$10. Funded debt, $65,000. Track, 2^2 miles, changed
to electricity in 1898. Year ending June 30, 1899. gross, $42,173; net,
$14,986; charges, $3,973; other income, $3,277; balance, surplus,.
$14,290. President, Michael Murphy; Secretary and Treas'r, Wyllys
Terry. Office, 264 Van Brunt Street, Brooklyn, N. Y.
Inter-Urban Properties—
Stock ($100 shares)
1889
1 st M., $2,000,000.
66^ and 98
Organization, Etc.— Chartered Feb. 15, 1861.
all issued; par,
.
& NEWTOWN RR —
Organization—Chartered May 22, I860, as D© Kalb Avenue line.
November, 1897, leased to Coney Island & Brooklyn for 999 years.— V.
RR.
65, p. 869; V. 65, p. 366, 1070. The Coney Island & Brooklyn
about
except
$2,000.
the
stock
all
exchange
by
acquired
has
Outstand'g.
Last div., dc.
Interest.
<?TnrK A Bonds Date.
rails
RR.— A trolley road.
;
DIVIDENDS— In 1893 4 per cent on $500,000 and 3 per cent on
9 mos
Earnings.— For year ending June 30, 1899, Long Island Electric
earned, gross, $86,588; net, $12,997; other inc., $400; fixed oharges,
$40,597; balance, deficit, $27,200.
Road.—The Long Island Electrio comprised about 27 miles of road
completed and in operation from Crescent Avenue, Brooklyn (at the
terminus of the Kings County Elevated), to Jamaica, Far Rockaway,
&c. The New York & North Shore has 30 miles projected, with about
6 miles in operation; the line between Jamaica and Flushing, connecting with the New York & Queens County, was opened January,
190o.
Total track operated, 33 miles. The Whitestone & College
Point was leased Aug., 1899.
OFFICERS— President, R. T. McCabe, 29 Broadway, New York; VicePresident, Jacob R. Beetem, Flushing; Secretary and Treasurer, G. S.
Terry, Whitestone. General Office, Jamaica, N. Y.— V. 62, p. 548, 779;
V. 64, p. 330; V. 69, p. 743, 852, 906, 955; V. 70, p. 125, 532, 1249.
& River Ry
518,000
22,500
•600,000
50,000
300,000
•400,000
125,000
*400,000
600,000
600,000
{
$12,502,000 $14,734,625
Total
The International Traction Co. holds all the outstanding stock
(except a few shares held by the directors) in the case of the stocks
marked with an asterisk (*) in the foregoing; it also holds $5,354,600
of the Buffalo Railway Co. stock of $5,370,500, while the Buffalo Railway in turn owns the entire stock of the Crosstown Street Railway
and the stock of the Buffalo Traction and the Buffalo Bellevue &
Lancaster. The Niagara Falls & Suspension Bridge Ry. Co. owns the
entire capital stock of the Niagara Falls Whirlpool & Northern Ry.
Bonds— The stocks marked (*), excluding the few shares needed to
qualify directors, together with $5,354,600 Buffalo Railway stock and
$60,000 bonds of the Tonawanda Street Railway, are pledged as
security for the new collateral trust loan. Of the $30,000,000 authorized issue of the collateral bonds, $12,285,000 are reserved to take up
the underlying liens which are not to be disturbed at present, and
$5,000,000 are to be reserved to be used for future betterments,
Improvements,
etc.
STREET RAILWAYS.
BONDS—
D
« i„a»
r„ cm
m
&a m.
Buffalo
St. Ky.
Stock
i
rM.i.tv
*n
do
a
do
„ trm M
o-iTtr
Ja m.
Outstand'g.
Date. Miles. Interest.
)
1875
^
Intt l8
....
6&7J-J
Maturity.
5
^
payab i„ at
Niit-
f
1882 .... 6 M-S
293,500 Sept. 1,1912
Int i8 pavab i e at company's office, Buffalo.
5g.F-A
1891
3,756,000 Feb. 1,1931
67
5
00><i
Mercantile Trust Co., N. Y., trustee.
£ , nt l8 payable at Co 8 offlcei Buffalo.
6 g. A - O 1,000,000 Apr. 1, 1917
Buff. Ry. debe'tures,l 1897
$1,000,000, g.,red. Trustee, Metropolitan Trust, N. Y.
at 105 after Apr. 1, Secured b v deposit of $2,000,000 stock of Cross1902 <$500,*1,000) J town Street Ry.
Crosstown Railway— Guaranteed bonds.
2,6?4.000 May 1,1932
73 5 g. M-N
1st M. g., $3,000,- < 1892
000), gu. p.&i.c* ( Int. at Metropolitan Trust, N. Y. City, trustee.
5 g. J-J
673,000
Buffalo Traction 1st 5 1898 ..
mortgage.
< Trustee, Metropolitan TniBt Co,. New York.
215,000 June 1,1927
5 J-D.
Buff.Bellev.&Lan.M. 1897 ....
B uff. & Ni agara Fal Is >
750.000 July 1. 1935
Eleo. Ry— 1st M..,} 1895 .... 5 g. J-J
$750,000, gold...c)
..
5 g. J-J
175,000 July 1, 1921
2d M., $250,000, g.) 1896
Co. New York,
b. f., red. aft. 1901 > Interest at Mercantile Trust
**. oo£'ooo£lrl ffl
&r
$5,000,OOOghl.o
-
I
was
in 1880
6.267.
9,011;
CAIRO ELECTRIC RAILWAYOrqanization—Chartered
STOCK & BONDS—
Stock, $75,000; par,
in 1890.
Dale.
$100
1st
mortgage currency
isi mortgage,
\
j
.
.
ILL.
Population 1890 was 10,324;
and in 1870 was
650.000 July 1,1905
Bank
commerce. N. Y.
300,000 Junel.1904
1874 .... 7 J-D
Int is payabIe at Company's office, Buffalo.
^
/*i
CAIRO,
Underiyii u Mens.
&
„ «
E.SMe 1st M.
Buffalo
21
Operates
5^
miles of track.
Maturity.
$52,400f.p.
Interest.
Outst'd'g
91 6 J-D 52 40<>
i2
Trustee is
Louis
.
June
i,
1911
Mo.
Tr. Co., St. Louis,
St.
OFFICERS— President and Treasurer, E. W. Halliday; Vice-Prest.,
Cunningham; Supt, Edwin Halliday.
C.
O. Paticr; Secretary, C.
[
at 105, $1,000... c) Trustee.
500.000 July 1,1938
5 g. J-J
& Lockport 1st $ 1898
Colonial Trust Co. New York, Trustee.
M.,g., $1,000,000. I
893 .... 6g. J - J
518,000 July 1,1903
Niagara Falls <fe Sus?ensi'n Bridge Ry. Interest at Third National Bank, Buffalo.
Mort. trustee, the Fidelity Tr.& Guar.Co., Buffalo.
st mort.. gold
Niag'a Falls Whirl- „
5 J-J
22,500 July 1, 1903
pool & Northern \ 1894 ....
1st mort., gold .. )
300,000 Jan. 1, 1928
Niag. F. Susp. Bdg. ) 1897 .... 5 g. J-J
Toronto General Trusts Co., Trustee.
Clifton Susp. Bridge s
125.000 Oct. 1,1928
Lew. Con'g Bdg. Co. 1898 .... 5g. A-O
Toronto General Trusts Co., Trustee.
Queens. Hts. Br. Co. 5
Niagara Falls Park)
600,000 Jan. 2, 1914
5 J& River 1st mort., > 1893
Canadian curr'ncy )
Latest Earnings—July 1, 1899. to April 1, 1900, aggregate earnings of all the railways and bridges were $1,*31,168 gross and
$788,051 net; other earnings, $61,809; fixed charges, $676,565; sur-
EGYPT ELECTRIC COMPANY-A trolley road.
to Delta Electric Co., told under foreclosure sale Feb. 13, 1896, to the bondholders.
Four miles of track
jn City of Cairo. Stock, $40,000; bonds, none. Gross earnings, 1899,
$20,000; net, none.— V. 62, p. 364.
OFFICERS— President, Wm. Kluge; Vice-Prest., Hy. Hasenjaeger;
Secretary & Treas., C. V. Neff.
ORGANIZATION—Successor
CALAIS, ME.
Buff.
•
I
plus, $302,755.
ROAD— Operates
in the vicinity of
;
$23,252; net, $4,743; interest, taxes, etc., $6,530; balance, deficit,
for year, $1,787.
ROAD—Calais Street Railway, lower wharf to upper bridge, Calais,
4 miles; St Stephen Electric St. Ry. Miiltown, N. B., to St Stephen, N.
B., 3 miles; total, 7 miles. The St. Stephen Electric St. Ry. is a separate corporation, but is owned entirely by the Calais company.
OFFICERS— Pres., George A. Curran; Treas., C. W. Young, Calais, Me.
CAMDEN,
N. J.
Population 1890 was 58,313; in 1880 was 41,659;
and in 1870 was 20.045.
and
in 1870
was
In May, 1900, a syndicate consisting of Thomas A. Nevins of Orange,
Ward, Thomas N. MoCarter, Jr., and Uzal McCarter, of Newark, received a controlling interest in the stock as collateral for advances to the company original owners are to resume cbarge when
Leslie D.
;
&
Date. Interest. Outstand'g. Maturity.
BONDS—
STOCK
8tock paid in
$600,000
1st mort. ($500 each)
1894 6 M&N
400,000
1904
Int. at Security Tr. <fe S. D. Co. (trustee), Camden.
Other debts Jan., 1900
136,026
ROAD— Jan. 1, 1900, owned 2240 miles of track.
Earnings— In year ending Dec. 31, 1899, gross, $123,028; expenditures for repairs, $18,794; for superintendence, operation and management, $67,839; balance for year. $36,395; Interest on bonds,
$24,000.
OFFICERS— President, J. Willard Morgan Secretary, T. P. Curley;
Treasurer, W. J. Thompson.— V. 62, p. 232; V. 70, p. 1048.
.
14,930.
BURLINGTON RAILWAY & LIGHT Co-
Organization— A consolidation of Burlington Electric Ry., Burl
ington Gas & Fuel Co. and Burl. Eleo. Light Co. in 1897.— V. 64, p. 329.
In May, 1899, purchased the Burlington Gas Light Co., paying, it is
reported, $200,000.
&
Date. Interest Outstand'g. Maturity.
BONDS
STOCK
Stock, $1.250,000
$1,100,000
625,000 Oct. 1, 1917
1st M., $750,000 ($500, &0.),< 1897 5 A-O
red. aft. 5 y'rs at 105,our.o* ( Int. at American L.&T.,Boston,trustee.
Bonds—Mortgage covers railway, electrio-light and gas plant. Bonds
for $125,000 are reserved for extensions to gas plant.
ROAD—Total track 16J3 miles trolley 48 and 66 lb. rail.
OFFICERS— President, G. H. Higbee; Secretary, E. C. Walsh; Treas.,
T
;
Remey.
INDEX-V. 62,
CAMDEN GLOUCESTER & WOODBURY
RAILWAY.
advances have been repaid.
Population 1890 was 22,565; in 1880 was 19,450;
J. T.
;
CAMDEN
232
;
V. 64, p. 41, 468, 753; V. 68, p. 1022.
BURLINGTON, VT.
and
in
est.) 17,000; in
1890 was 14,590;
1880 was 11,365.
BURLINGTON TRACTION
CO.-A
trolley road.
Miles. Date. InVrest. Outstand'g. Maturity.
BONDS—
Stock $200,000, pai $100
$200,000
Win.&B. Horse RR. 1st) Q
.
,
«„
lonnnn
laQ
T t
To „
-iooa
9
bg.
J-J
1924
^>
1894
125,000 Jan.,
*i=,0 000
trnW V
Not
8Ub
cal1 before maturity.
J ect t0
$500 & $1 ,000. ... o )
Unfunded debt.june 30, 1899
5,000
Interest is payable at office of trustee, Burlington Trust Co.
ROAD— Owns 11 miles of track in city of Burlington. Rails 50-lb.
T. Owns 8 box cars, 10 open cars, 3 snow plows.
EARNINGS for year ending June 30, 1899: gross, $51,949; net, $24,961;
Interest, $7,500; dividends, $7,650.
OFFICERS— President, Ellas Lyman Vice-President, Jos. A. Powers;
Treasurer. W. F. Hendee; Secretary, B. H. Eagan.
M
;
&
SUBURBAN
1900, $975,500; par, $25; paid in, $195,100; funded
other debt, $133,040. Extension being built from
Merchantvllle (through Maple 8hade, Lenola and Moorestown) to
Stanwick. to pay for which $100,000 bonds are to be issued.
Earnings— For year 1899 gross Income from passengers, $296,471;
from other souroes, $33,338 total income, $329,809; operating expenses and repairs (including $155,918 extraordinary expenditures)
$375,833; deficit, $46,024.
ROAD—Track, 17 miles; Camden Horse RR., leased, 30 m.; total, 47
1,
debt, $636,000;
;
miles.
President,
Wm.
Vice-President, B. C. Reeve; Secretary,
H. Lippincott.— V. 62, p. 682.
S. Soull;
T. Corliss: Treasurer,
BUTTE, MONT.
BUTTE ELECTRIC RAIL WAY
-Trolley.
This company was incorporated in West Virginia In December, 1899,
as successor to the Butte Consolidated Railway (operating 21 miles of
track), sola at foreclosure.
STOCK
&
BONDS—
Sfk$l,000,OOU.par$100
Date.
Interest.
Outstanding.
Maturity.
$1,000,000
1st M. $700,000 gold, s 1900 5 g. M.&S.
700,000
Mar. 1. 1925
$1,000 each
c. < Int. at Mass. Loan & Tr. Co., Boston, Trustee.
Bonds— May be called for payment on March 1, 1915, or on any interest day thereafter. Sinking fund of 10 per cent par value of bonds
begins March 1, 1916.
Officers— President W. A. Clark, Butte; Secy. & Treas., J. C. Kennedy, 43 Cedar St, N. Y.— V. 64, p. 663; V. 69, p. 1300.
8.
CAMDEN HORSE RR.-A trolley and horse road.
Organization— Incorporated March 23, 1866. In April, 1896, control was aoquired by the Camden & Suburban Ry., which leased the
(1)
road from April 1, 1896. Rental,
which paid 18 p. 0. on stook.
STOCK
&
BONDS—
Date.
Stock ($25) paid in
etc.,
received in 1898, $45,600, from
Interest.
See text
5
1st mortgage
1st cons. M. ($500,000)
Outstand'g. Last div.,ete.
$250,000
250,000
See text.
1W09
5 M-N
250,000 May 1,1912
Interest payable at New Jersey Trust Company, Camden, N. J
Dividends— 1892, *93, '94 and '95, 8 p. 0. per an.; '96, 14 p. c; '97, 16
p. c; '98, 18 p. c; '99, 18 p. c.
ROAD.—Jan. 1, 1900, had 30 miles of track. Cost of road and equipment to that date, $1,098,946.
O cc:, <--ERS— President, Wm. S. Soull; Vice-President. B. C. Reeve; Secretary, Samuel T. Corliss; Treasurer, G. G. Browning.— V. 62, p. 682.
1892
($500)
Population 1890 was 10,723; in 1880 was 3,363;
AND IN 1870 WAS 241.
RY.-A trolley road.
Organization— Formed in 1896 to control the Camden Horse RR.
(which is leased) and the West Jersey Traction Co. Capital stock
Issued to Jan.
p.
Population 1894 (local
&
Organization—stock, $100,000 first mortgage, 1894, 5s, J&
$100,000 due July 1, 1918. Current liabilities, June 30, 1899, $9,779.
Year ending June 30, 1899, gross, $22,292; net, $4,161; interest,
taxes, etc., $2,767; baL, surplus for year, $1,394. In 1897-98 gross,
(of all
BURLINGTON, IOWA.
STOCK
CALAIS STREET RAILWAY-A trolley road.
300 miles of track.
operating companies)— President, W. Caryl Ely.
Vice-Prest., Daniel 8. Lainont; Sec. and Treas., Richard F. Rankine;
Gen. Manager, Burt Van Horn.
Executive Committee.—Charles Steele, Francis Lynde Stetson, Daniel 8. Lamont and Win. B. Rankine of New York; W. Caryl Ely and
Burt Van Horn of Buffalo; and T. De Witt Cuyler of Philadelphia.—
V. 68, p. 524, 571, 1024; V. 69, p. 229.
OFFICERS
Population 1890 was 7,290; in 1880 was 6,173:
and in 1870 was 5.944.
WEST JERSEY TRACTION CO.—
Owned by the Camden & Suburban Ry. Stock. $65,000. Miles
track, 319 Franchise granted by city in 1394.— V. 62, p. 682.
(2)
CAMDEN
&
TRENTON
Organization.—This
of
RAILWAY-Trolley.
Monmouth
Traction, name changed as
above in October, 1899. Owns the entire capital stock of the Cinnaminson Electric Light, Power & Heating Co., which supplies the
towns of Beverly, Delanco, Riverside, Riverton and Palmyra with
is
the
STREET RAILWAYS.
22
light.
Also owns 85 per cent of the capital stock of the Bordentown
supplies light to Bordentown and
vicinity. The bonds below, besides being a first mortgage on the road
between Camden and Trenton, are further secured by a deposit of the
holdings of the stook of these two companies.
Maturity.
Date. Interest. Outstanding.
Bonds—
STOCK
$1,000,000
Stock, lull paid aOO)
tf ov. 1, 1929
see text
N
1899 5 g
IstM. g., *750,000 )
($500 and $1,000) \ Int. at Provident Life & Tr. Co., Phila., trustee.
The bonds are issued as construction progresses.
Road— In June, 1900, was operating the electric light plants and 6
miles of road; the remainder of the line between Camden and Trenton
was under construction. By a contract which this company has with
the Camden & Suburban, its oars will run direct to the Philadelphia
Electric Light
& Motor Co., which
&
M
track to comply with the law. Stock, $30,000, authorized by RR.
Commissioners in Aug., 1898, to be increased to $400,000, and a certificate to that effect filed May 2, 1899. Outstanding $10,000. Company in 1899 also filed a mortgage for $400,000 to the Hamilton Trust
Co. of Brooklyn as trustee to secure an issue of 5 per cent bonds;
interest J.-J., due May 1, 1949. Road is to be extended from Catskill
to Windham, Cairo, and other villages in Greene and adjacent counties, making a line 16 miles long.
No work done up to June, 1900President, Wm. E. Stewart, Harrisburg, Pa.; Secretary and Treasurer,
W. C. Wood, President of the New York Switch & Crossing Co., Hoboken, N. J.— V. 68, p. 870.
CEDAR RAPIDS, IOWA.
Ferry at Market Street.
Officers— President, H. V. Massey, Philadelphia; Seo'y and Treas.,
M. B. Perkins, Riverside, N. J.— V. 69, p. 955; V. 70, p. 279.
& RRCANANDAIGUA ELECTRIC-LIGHT
operates an
Owns and
electrio-
and 4 miles of street road, and owns majority of stock of the
Canandaigua Gas Light Co., all of which properties are covered by its
bonds. The railroad is in operation during only 9 mos. of the year.
In May, 1899, George S. Hull took possession as trustee for the
light plant
&
Bonds—
Date.
Interest.
Maturity.
Oustand'g.
$150,000
160,000
(1897 6g.J-J
< Trustee, Rochester Tr. & S. D.
1927
Co., Roch.,
N. Y.
ROAD— Owns 3 miles of track; 44-lb. rail on 3 miles, 36-lb. on 1
mile; 5 cars and 3 motors. Earnings— For years ending June 30: In
1899, gross income, $4,874; net,$l,495; in 1898, gross income, $5,531;
net, $210. These figures cover only the railroad bnsiness, which forms
but a part of the company's total business.
OFFICERS— Pres., T. H. Fearey; Sec, H. B. Ferguson; Treas. Man..
J. H. Pardee; V. 70, p. 1194.
1st mort., gold ($500 each)
. .
(
&
/
CANTON,
O.
Population 1890 was 26,189; in 1880 was 12,258;
and in 1870 was 8,660.
ORGANIZATION— Chartered in 1892, and absorbed the Canton Street
Railway and the Lake Side Street Railroad companies.
STOCK & BONDS— Miles. Date. Interest. Outstand'g. Maturity.
St'k,
$525,000 ($100)
6M-N
$525,000
5
225,000
( Interest at National Bank of Commerce, Boston.
currency. .
Canton-Massillon 1st J 1313 1893 6 g. M-N $118,000 Nov. 1, 1912
M., $300,000, g. ..c I Interest at Cent. Trust Co. (trustee), N. Y. City.
BON DS—The Canton-Massillon mortgage is a first lien on the interarban and the Massillon divisions. Neither issue is subjeot to call.
ROAD— Company in Jan., 1899, owned street railway in the cities
of Canton and Massillon and an interurban line between, connecting
Rails 40 to 60 lb., being
them. Total track reported as 21 miles.
girder in the cities and T rails on the interurban division.
OFF'CERS— President and Treasurer, Wm. A. Lynch, Canton, O.
CAPE MAY
N. J.
Population 1890 was 2,136; in 1880 was 1,699
and in 1870 was 1,248.
CAPE MAYDELAWARE BAY & SEWELL'S
W A Y-A trolley road.
POINT ELECTRIC RAIL
Organization— A consolidation in 1892. The road is operated only
from May 15 to Sept. 15 of each year. Leased in 1896 to Cape May
Transportation Co., J. Henry Edmunds, President, at annual rental of
$7,500. In Dec., 1899, application made by the city of Cape May for
a receiver because of the non-payment of taxes was denied becauset
Vice-Chancellor Reed thought proceedings should be by suit against
the company or against J. Henry Edmunds, the surety.
Date. Interest. Outstanding.
Maturity.
STOCK & BONDS—
Stock paid in (par $50)
$150,000
150,000 Feb. 1, 1923
1st mort. ($150,000;... cur. 1893 (text) F-A
Interest was reduced to 5 per cent for 5 years from Feb. 1, 1896.
In 1894 and 1895 but one interest payment was made by mutual consent of bondholders. Trustee is N. J. Trust & S. D. Co., Camden, N. J.
ROAD—Operates 7^ miles of track in city of Cape May and extending
to Cape May Point and Sewell's Point.
EARNINGS— For year ending Dec. 31, 1899, gross, $13,421; expenses,
$15,499; deficit, $2,078.
OFFICERS— President, G. G. Browning; Secretary, John
Treasurer, Benj. C. Reeve. Office, Camden, N. J.
CARBONDALE,
Population 1890 was 10,833;
and in 1870 was
Burleigh
PA.
in 1880
6,393.
CARBONDALE RAILWAY
this
J.
was
7,714:
CO.-For statement of
company, see Scranton Railway, under Scranton, Pa.
'
i.
;
CHAMPAIGN,
;
ILL.
Population 1890 was 6,619; in 1880 was 5,103;
aivd in 1870 was 4.625.
URBANA & CHAMPAIGN RAILWAY GAS
COMay
& ELECTRIC
This property was sold
1, 1899, to a syndicate represented by
Champaign, who originally owned the road. Stock
increased in July, 1899, from $250,000 to $500,000.
Organization—A consolidation in 1897 of Urbana & Champaign
Electric St., Cham. Elec. L. & P., Cham. & U. Gas L. & Coke and West
End Park Co. Population of Champaign in 1896 was said to be 10,000
of Urbana, 7,000.
W.
B. McKinley, of
STOCK
&
BONDS—
Dale. Interest. Outstand'g. Maturity.
dtock $500,000
U. &C. Ry. G. & E. M.,$250,-)
000, g., s. f ., $8,000 yr. June >
1. 1900 and after ($1,000) .c* )
3
C
ea
500
(
Zo a\i^!f..
CANTON-MASSILLON ELECTRIC RAILWAY.—A trolley road.
Canton Street Ry. 1st $
Miles. Date. Interest. Outstand'g.
;
successor.
Stock
BONDS—
Maturity.
$316,000
13 84 1891 5J " J
July
165,000
1, 1931
j Int at Amerioan LoaT1 & Tr-< Trtcsteet Boston.
ROAD— Owns road in operation 12-04 miles in length, extending from
Cedar Rapids, Iowa, to Marion second track, 1-46 sidings, "34 total
of all. 13"84 miles. Rails 45 and 58-lb. T and girder.
Officers— President, P. E. Hall; Vice-President, Secretary and
Treasurer, John S. Ely.
bondholders. In June, 1900, the purchasers of the property incorporated the Ontario Light & Traction Co., with $100,000 capital, as
Stock
&
Stock
IstM sj>z&o,ooo!j>i,oooc.
«250 000*1000 o
istm.
N. Y.
Population 1890 was 5,868; in 1880 was 5,727;
a>'i.i IN 1870 was 4,862.
in 1888.
CEDAR RAPIDS & MARION CITY RY-STOCK
CANANDAIGUA,
Organization— Chartered
Population in 1890 was 18,020; in 1880 was 10,104
and in 1870 was 5.940.
?:!. . !..
!
.'.^
$500,000
5g. J-D 250,000 June 1,1917
Int. at 111. Tr. & Sav'gs Bank, Chicago,
trus., or at Chase Nat. Bk., N. Y. City.
1897
1899
5
$185,000
July 1,1929
Of the new issue of $500,000, $250,0
are reserved to retire first
bonds, $65,000 set aside for future needs, and remaining, $185,000
issued.
ROAD— Operates 9
miles of track.— V. 69, p. 232.
OFFICERS.— President and Mgr., W. B. McKinley, Champaign, 111.;
Vice-Pres., Geo. F. Duncan, Portland, Me.; Secy, and Treas., Edward
Woodman, Portland, Me.
CHARLESTON,
S. C.
Population 1890 was 54,955; in 1880 was 49,984;
AND in 1870 WAS 48,956.
CHARLESTON CONSOLIDATED
& ELECTRIC CO--
RY.
GAS
OrGANIZATION—Organized February 21, 1899, as a consolidation of
the Charleston City Ry. and Charleston & Seashore RR. under Special
Act of South Carolina Legislature, granting a perpetual charter and
gas and electric-light powers. Also owns the capital stock of the
Charleston Gas- Light Co. ($698,150), and the Charleston-Edison Light
& Power Co. ($100,000), and thus controls the whole field of light and
transportation in Charleston. In Apiil, 1899, bought for $25,000 the
capital stock of the Mount Pleasant
Sullivan's Island Ferry Co.
and for $4,000 the franchise of the Middle Street and Sullivan's Island
Railway. The following are the only securities on the property.
Date. Interest. Outstand'g.
Maturity.
BONDS—
STOCK
Stock, $1,500,000, par $50
$1,500,000
Charleston City 1st mort.
816,000 Jan. 1, 1923
($1,000), $850,000, g'd.c. 1898 5 g. J-J
Tax free. Int. at Mercantile Tr. &Dep. Co., Bait., trustee.
Bonds for $100,000 reserved for extensions and improvements.
1,664,000 Mar. 1, 1999
Consol.M., g., $2,500,000, f 1899 5 s. M-S
Int. at Bait. Trust
Guar. Co., Trustee.
coupon
\
Holders can also collect coupons from consols at Carolina Savings
Bank, Charleston, if presented before the 10th of the month.
Bonds— Of the consol. 5s, $850,000 were reserved to retire the
$850,000 City Ry. 1st 5s, of which $20,000 in March, 1900, still
remained in the hands of the trustee to be issued for betterments,
and $14,000 canceled under sinking fund and consols issued to company in substitution. The remaining $1,650,000 were taken by the
Bait. Trust & Guar. Co., and sold by the latter in Feb., 1899.
Earnings— For year ending Feb. 28, 1900, gross, $439,921; operating exps., $280,743; net, $159,178. The annual interest is $124,000.
Road, ETC.— Owns 40 miles of electric road, of which 30 miles in
Charleston and 10 miles from Mt. Pleasant (connecting by ferry with
Charleston) to Sullivan's Island and Isle of Palms, a pleasure resort
on the Atlantic coast, including land at Isle of Palms, ferry, etc. The
company is consolidating all of its three power stations; both railway
systems and light and power division are to be operated from same
stations, the seashore division having been connected by submarine
&
&
&
cable.
CATSKILL, N. Y.
Population in 1890 was 4,920; in 1880 was 4,320.
CATSKILL ELECTRIC RY- Chartered March
1897.
Owns
OFFICERS— President, Francis K. Carey, Baltimore Vice-President,
Philip H. Gadsden, Charleston Secretary and Treasurer J. Bannister
Hall, Baltimore; Gen. Manager, Nicholas S. Hill, Jr., Charleston;
Auditor, P. J. Balaguer, Charleston. Offices, No 141 Meeting Street,
Charleston.-V. 68, p. 186, 230; V. 70, p. 583.
;
;
15.
a franchise in Catskill village, but has only built enough
STREET RAILWAYS
CHARLOTTE,
Population 1890 was 11,557;
and
in 1870
was
OFFICERS— President, B. Mahler, Cleveland, O.; Treasurer, M. J.
Mandelbaum, 1019 Garfield B'ld'g, Cleveland, O.; Secretary, Edward
N. C.
in 1880
4,473.
was
7,094;
ELECTRIC RY, LIGHT
CHARLOTTE
road.
-A
POWER
CO.
Dickinson, Chicago.
&
trolley
Organization— Successor to the Charlotte Street Railway, whose
charter was amended in March, 1895, and name changed as above.
The road is operated by the Charlotte Consolidated Construction Co.,
which owns all the bonds. Population of Charlotte In 1896 was reported to
1)0
20,700.
Maturity.
Miles. Date. Interest. Oulstand'g.
$60,000 f. p
Stock, par $50
100,000 Jan. 1, 1922
Char. St. By. 1st M., gold. .. 1892 6g. J-J
Interest at Mercantile Trust & Deposit Co. of Baltimore, Md., trustee.
The bonds are not subject to call before maturity.
ROAD— Operates 5 miles of track.
Annual Report.— For year ending Dec. 31, 1898, gross, $53,664!
net, $27,765; interest charges, $6,000; balance, surplus for year,
Stopk
fie.
Bonds—
$21,764.
Officers— President and Treasurer, E. D. Latta; Vice-President, E.
B. Springe; Sec'y, J. L.
Chambers- V.
64, p. 329, 384; V. 66, p. 384.
CHATTANOOGA, TENN.
RAILWAY CO.
CHATTANOOGA ELECTRIC
Chatt. Electric By. foreclosed.
Organization— Successor, 1896,
of
the Chattanooga roads was in November, 1899, denied so far as this company is concerned.
Date. Interest. Oulstand'g. Maturity.
BONDS
STOCK
$645,000
Stock authorized, $645,000
Jan. 1, 1919
1st con. M., $625,000, gold, > 1898 5g J-J $576,000
c* $ Int. at Maryland Tr. Co., Bait., Trustee.
not subjeot to call
BONDS— Of the consol. 5s, $26,000 were immediately issued, $550,
000 have been issued to refund the entire funded debt, bearing 6 per
cent interest and $49,000 reserved for improvements.— V. 67, p. 1206.
ROAD— Has 32 miles of track on 25 miles of street. Considerable im
provements made, many of the lines having been rebuilt. To be
all
&
extended to Sherman Heights and to Bossvllle.
OFFICERS.— President and Treas., J. H. Warner; Vice-Pres. and Sec.
Edwin Warner, Nashville, Tenn.—V. 67, p. 1206; V. 69, p. 78, 178.
& LOOKOUT MT. RR.-Steam.
CHATTANOOGA
M. By. Operated
the Chat. &
reorganization
L.
of
Organization— A
by and in connection with the Lookout Incline & Lula Lake By., operating a cable road from Chattanooga to the top of Lookout Mountain,
88 miles. No stock or bonds had been issued to June 1, 1900.
Road.— 10 miles of track. Extensions proposed to Bock City &
Lula Lake, 6 miles. That portion of the road on the summit of the
mountain has been equipped with electric cars.
OFFICERS-— President, J. T. Crass; Auditor, Wm. A. Bird.
RAPID TRANSIT OF CHATTANOOGA.Trolley.
Organization.— Cliartered in 1897 as the Chattanooga Bapid
Transit. In March, 1898, leased from the Belt By. the exclusive
right for 45 years to conduct passenger, mail and express traffic on
14 miles of the latter's lines, but in April, 1899, new lease made covering only mail and express business.
In January, 1900, name
changed to Bapid Transit Co. of Chattanooga.
Date. Interest. Outstanding.
Maturity.
BONDS—
STOCK
Stock. $350,000 (par S10'1 )
$350,000
300,000 Feb. 1,1925
1st Mort., $300,000, gold ( 1900 5 g. F-A
($1,000 each)
o*( Inc. at Beal Est. Trust Co., Philadelphia.
Of the $300,000 new mortgage, $200,000 was used to retire existing
&
bonds and $100,000
to
complete and equip line to Chiokamauga Park,
etc.
ROAD.— On March 1, 1900, controlled and operated 16^ miles of
railway, 4*85 ft. guage, fitted with 601b. T and 90 lb. girder rails, giving
direct service from centre of Chattanooga to National Cemetery, Highland Park, Sherman Heights, East Lake, Bossville, Ga., and Chickamauga National Park, Ga. Extension of 5 miles is now under way to
Alton, Forest Hill Cemetery, St. Elmo and Lookout Mountain.
OFFICERS.— President, S. W. Divine; Vice-President, G. W. Davenand Treasurer, W. B. Boyster.—V. 70, p. 430.
port; Secretary
SIGNAL MOUNTAIN RAILWAY-
\ mile sidings;
total track, including sidings,
7%
miles.
CHESTER, PA.
1890 was 20,226 in 1880 was 14,997
and in 1870 was 9.485.
Statement of Chester Tracticn will be found under "United Power
& Transportation " at end of Philadelphia.
Population
in
AURORA WHEATON
& Trust
B'ld'g, Chicago,
111.
STREET RAIL-
control passed to the National Bank of
in liquidation, (which holds $483,500 of the stock and
$2,944,000 of the 5s of 1894) and a receiver was appointed. Edwin A.
Potter in March, 1900, succeeded the late (Jen. McXulta as receiver.
The latter in May, 1898, was authorized to expend ^oO.OOO in
Improvements, and in April, 1899, received authority to issue $850,-
RECEIVER— In May, 1897,
Illinois,
now
certificates, bearing 5 per cent Interest, in part to pay off an
Indebtedness of $368,200, the rest for improvements. In July, 1899,
Gen. McNulta, as receiver of the bank, was authorized to advance out
of the funds of the bank the amount necessary to pay up the indebtedness of the railway; another order was made allowing the receiver to
take up all the receiver's certificates heretofore issued.
Interest. Oulstand'g. Last div., die.
Date.
STOCK & BONDS—
$500,000
8tock ($100) (see text)
195,000 Bed. at option
Beceivers' certificates... 1897 8 6 p. c.
5 p. c.
(1)
Do. (auth'rized $850,000) 1899
6 g. M-S
51,000 Sept. 1.1912
1st M., gold, red. at 110. 1892
M-N
1894
5
2,949,000 Nov. 1, 1909
g.
Cons. mort. ($3,000,000)
DEFAULT— Interest due May 1, 1897, on 5s of 1894 was not paid.
ROAD— Operates a road, mostly doubled-tracked, embracing in all 72
miles of track owned and 5 miles leased. This road connects with
Cottage Grove Avenue Cable, Alley Elevated and Illinois Central, and
reaches South Chicago, Pullman, West Pullman, Auburn Park, Burn
side and Manhattan Beach. 78-lb. rails.
EARNINGS— 7 months ending Dec. 31, 1898, gross, $128,030; operatV. 68, p.
ing expenses, $114,358 surplus, $13,672.— V. 67, p. 1002
1074; V. 69, p. 1063.
000 more
;
;
CHICAGO
CITY RY.— Horse, cable and electric road.
ORGANIZATION— Incorporated in February, 1859, and has extensive
surface road privileges in the south division of Chicago. In Feb., 1898,
the Chicago City By. Bapid Transit Co. was incorporated with a capital of $1,000,000, to build an elevated road in Dearborn Street from
the heart of the city to Thirty -ninth Street, to be used as a trunk line in
bringing in the City Bailway Company's trolley cars. In June, 1898,
It was reported that the General Electric By. had been purchased for
$950,000. V. 66, p. 1188.
Is understood to have acquired in 1899 the franchises of the pro.
lected Union Transit Co., but it seems unlikely that these franchises
will be availed of.
Dale.
Interest.
Outstanding
Last div., dec.
Bonds—
STOCK
text,Q-M.31 $13,000,000 June, 1900.3%
Stock ($100) (see text)
Gen. M. $6,000,000. )
'Subject to call
1887 4^ J. -J.
4,619,500- on 60 days
($100) ($500) ($1000) >
c*) Trustee, C. L. Hutchinson.
4^, currency
notice.
STOCK— Amount of stock was placed at 100,000 shares of $100
each, with right to increase the same at pleasure of the company.
January, 1896, $2,000,000 additional stock was authorized for building
new electric lines, making total stock $12,000,000; of this, $1,000,000
Issued July 2 and $1,000,000 on Oct. 2, 1896. See V. 62, p, 183. In
Jan., 1898, it was voted to increase the stock to $14,000,000 to pay
for the General Electric By. and provide for improvements. V. 66, p.
Of the $2.000,00D new stock, $1,000,000 allotted to
11S8, 1236.
stockholders at par in proportion to their holdings was issued July
1,1899. V. 68, p. 231, 1131. Another $500,000 also allotted at par is
to be issued Oct. 1, 1900. V. 70, p. 1149. Stock outstanding will then
be $13,500,000.
BONDS—The bonds outstanding are of the denomination of $100
$500 and $1,000 each and are secured by a general mortgage executed in 1887. The mortgage is limited to $6,000,000 and the bonds
are due July 1, 1901, but subject to call any time on 60 days' notice.
DIVIDENDS— Usually 12 per cent, were in 1893, 24 per cent; in 1894, 12
p. c; 1895, 15 p. c; in 1896, 12p. o.; in 1897, 12 p. c; In 1898, 12 p. c; in
1899, 12 p. c; in 1900, March. 3 p. c; June, 3 p. c.
On Jan. 1. 1900, company operated 205*2 miles of
ROAD,
track, viz.: Cable road, 34% miles; electric, 169 miles; horse, 1% miles.
Equipment Jan. 1, 1900: Cable oars (all open), 255; electric cars (445
open and 601 closed), 1,046; trail cars (338 open, 281 closed), 619,
cars abandoned or for sale, 26; total, 1,946; horses, 195.
Annual Report— Fiscal year ends Deo. 31. Beport for 1899 was iL
V. 70, p. 174, and gave earnings, etc., as follows
&
'.
(
&C—
Tear ending Dec. 31—
Gross earnings
Op. expen. and taxes
P. c. op. ex. to earns
Net earnings
Interest on bonds
Eeconstruction
Dividends (12 p.
c.)
Balance, surplus
1899
1898
1897
1899.
$5,194,439
3,325,677
(6402)
1898.
1897.
$4,832,806 $4,816,516
2,926,490
2,908,982
(6055)
(6084)
$1,868,762
$207,877
50,000
1,449,997
$1,906,316
$207,877
$160,888
$1,907,534
iH',000
$207,877
50,000
1,440.000
1,440.000
$168,439
$209,657
NET EARNINGS FOR 9 YEARS.
$1,868,762 1896
$1,831,658 1S93
.$2,037,949
1,906.316 1895
1,669,098 1899
1.591.510
1,907,534 1894
1,425,934 1891
1.338,882
First Vice-President,
OFFICERS— President, David G. Hamilton
Joseph Leiter; 2d Vice President, W. B. Walker; Treasurer, T. C. Penington; Secretary, F. B. Greene; Auditor, C. N. Duffy; General Manager, Bobt. McCulloch.
Directors— (Jan., 1900) Samuel W. Allerton, Joseph Leiter, D. G.
Hamilton, Arthur Orr, Wm. B. Walker, George T. Smith, Otto Young.
V. 67. p. 1206. 1308; V. 68, p. 86, 127, 129.231,725,1131; V. 70, p.
1T4, 1095, 1149.
;
ILL.
Population 1890 was 1,099,850; in 1880 was 503,185;
and in 1870 was 306,605.
WAY.—To be a trolley road.
CALUMET ELECTRIC
WAY.— A trolley road.
;
CHICAGO,
Chicago Title
:
ORQANIZATION—This is the old Chattanooga* North Side Street By.,
which was bought in by the bondholders and by them sold in 1900 to
the Bapid Transit of Chattanooga. Owns 3*2 miles main track and 1
mile sidings; leases North Chattanooga St. Car Co., 2*2 miles main
track and
Office.
.
Population 1890 was 29,100; in 1880 was 12,892;
and in 1870 was 6,093.
Beported consolidation of
23
& CHICAGO RAIL-
Organization— Incorporated in 1899 to build from Chicago to
Aurora, 111., via Wheaton, 111. Company hassecured 50-year franchises
through Aurora, Wheaton and Glen Ellyn (suburbs of ^hioago), also
Cicero, and the right of way for nearly all of the proposed line, which
is to be about 60 miles long.
Stock authorized, $1,500,000.
—
CHICAGO CITY RAILWAY TRANSIT CO-
See Chicago City Bailway.
STREET RAILWAYS.
24
ACTION-StorageJjat'y,
CHICAGO ELECTRIC TREuglewood
Chicago Electric
HISTORY.— Successor
&
in Jan., 1898, to
Rj\, foreclosed per plan in V. 65, p. 728. On June 13, 1900, Charles
Henrotin was appointed receiver on petition of the trustees of the 1st
mortgage of 1899, on which no interest has ever been paid. V. 70, p.
1194. Motive power is to be changed from storage battery to overhead trolley.
Maturity.
Date. Interest. Authorized.
New Securities—
Stock to be held 5 years )
S2 000 000
in voting trust
s
500,000 Jan. 1, 1929
1899 5g. J-J
1st mort., subject to call
Manhattan Trust Co.,N. Y., & J. Kean, trus.
at 105, gold (see text) S
Consol. mort. incomes
2,000,000 Jan. 1, 1929
1899
5 A-O
'
'
for 5 years
of eaoh of the old first mortgage bonds ($960,000)
recognized as valid received in exchange per $1,000 bond, if subscribing $300 in cash First mortgage bonds, $300 consolidated mortgage, $1,000; t-tock, $2,000. Both mortgages may be increased to any
amount desired for new property, not in excess of $40,000 per mile
for first mortgage.—V. 68, p. 231.
Earnings-— Calendar year 1899, gross, $83,838; operating expenses, $70. J 20; net, $13,418; in 1898, gross, $61,238; operating expenses, $53,204; net, $8,034.
ROAD— In Feb., 1900, 28 miles of track were in operation—from 63d
Cars began running Jan. 19, 1897. In Feb.,
St. to Blue Island.
1899, had acquired 2 miles of old horse car track in the town of Harvey
and let contracts for an extension of 5 miles from Blue Island to
Harvey, which was put in operation on June 1, 1899, making total
traok 28 miles. -V. 68, p. 231.
OFFICERS— ''resident, Isaac L. Rice, New York; Vice-President,
Hoffman Atkinson, N. Y.; Sec. and Treas., J. S. Bache, N. Y.; Gen. Man.,
E. R. Gilbert, Chic, 111.— V.67. p. 1002; V. 68, p. 231, V. 69, p. 1063
V. 70, p. 175, 739, 1194, 1248.
The holders
;
:
two systems were leased, the West Chicago for a yearly rental equal to
6 per cent on the stock and the North Chicago for a rental equal to 12
per oent on the stock, the leases being dated June 1,1899. By a tripartite agreement entered into on the same date the Union Traction
Company's holdings of stock of the two roads are to remain in trust
with the Illinois Trust & 8avings Bank of Chicago "for all time" as
security for the lease?.—See V. 68, p. 1131.
On April 14, 1900, negotiations for the acquisition of the Chicago
Consolidated Traction were consummated. The Union Traction paid
$45 in bonds of the Chicago Consolidated Traction bearing 4*3 p. c. interest and guaranteed by Union Traction and $1 50 in cash for eaoh
share of the consolidated company's stock. In April, 1900, it was reported that $13,500,000 of the total issue of $15,000,000 stock of the
Consolidated Tractiou had been turned over under this plan. V. 70, p.
791.
STOCK AND BONDS.—The $12,000,000 preferred stock was subscribed for at par, a bonus of 50 per cent, however, being given in
common stock.— V. 68, p. 1225. There was thus $2,000,000 cash left
after the payment of $10,000,000 to Mr. Yerkes, and this $2,000,000
is to be spent for improvements and extensions of the lines acquired.
In December, 1899, both issues of stock were listed on the New York
Stock Exchange. V. 69, p. 1299.
Date. Rate. Outstanding.
Divid's.
Stock, com., $20,000,000,
par$100
$20,000,000
Stock, pref. 5p.c, $12,000,000, parSlOO, cumulative
12,000,000 April, 1900, 1^4%
—
DIVIDENDS—Dividends of
m
p.o.
were paid on preferred shares
Oct.,
1899, and Jan. and May, 1900.
Earnings— For eleven months ending May 31 gross reported as $6,804,941 in 1900, against $6,404,443 in 1899.
;
OFFICERS.— Chairman of the Board, Jesse Spalding, Chicago; PresiJohn M. Roach, Chicago; 1st Vice-President, R. A. C. Smith, New
York; 2d Vice-President, Walter H. Wilson, Chicago; Secretary and
Asst. Treasurer, Marhham B. Orde; Treasurer, James H. Eckles; Directors: John M. Roach, Chicago; P. A. B. Widener, Philadelphia; H.
B. Hollins and R. A. C. Smith, New York; C. K. G. Billings, Charles L.
Hutchinson, W. H. Wilson, James H. Eckles, William Dickenson and
John V. Clarke, Chicago.-V. 68, p. 725, 928, 976, 1075. 1131, 1225;
dent,
CHICAGO & MILWAUKEE ELECTRIC
—A trolley road.
Organization— Successor by purchase to Bluff City Electric
which operated a road between Waukegan and North Chicago.
&
BONDS—
RY.
St.
Ry.
Maturity.
$1,000,000
July
1,1919
1,000,000
p899 5g. J.-J.
tM
\ Int. at Standard Trust Co.. N. Y.. & Clev. Tr. Co.
,*innn2,
^ Clevel'd Trust Co. and Royal Trust Co. trustees.
Of the $1,500,000 bonds authorized, $500,000 are field in reserve
and can be used only to cover 75 per cent of the cost of extensions
STOCK
Stock, $1,000,000
<ti ^noonn
,,
s
g
n '
(» l ,vvu eacn) o
Date.
Interest.
Outstand'g.
"
and improvements. V. 69, p. 178.
Latest Earnings—For eleven months from July
1 to
May 31,
1900,
gross, $104,117; net, $57,173.
ROAD— Length, 30 miles. Entire line,
from Waukegan to Evanston,
connects fifteen suburban towns,
having an estimated population of 70,000, with Chicago. By arrangement with the Chicago Milwaukee & St. Paul, giving the use of the
piece of road between Evanston and the Union Depot in Chicago, the
company runs through trains from Chicago to Waukegan. A large
portion of road is built on private right of way and there are no steam
or electric crossings on the entire line.— See description of road in V.
was opened
in August, 1899.
It
67, p. 900.
OFFICERS—President, George A. Ball; Vice-President and Treasurer,
A. C. Frost; Secretary, George M. Seward; Treasurer, J. W. Mauck;
Gen. Supt., R. S. Ives.— V. 67, p. 900; V. 69, p 129, 178, 384. Office,
108 La Salle Street, Chicago.
CHICAGO GENERAL
RY.-An electric road.
Organization—Incorporated October 21, 1893, for 50 years. The
West & South Towns St. Ry. (formerly leased) was purchased in May,
1896, and consolidated. Bonds ($500 and $1,000 each) authorized
$3,000,000, reduced from $10,000,000 in Deo., 1896.— V. 63, p. 1114.
Op Sept. 7, 1899, instituted two-cent fares on its branch lines (selling
12 tickets for 25 cents), without transfer, however, to main line.
On April 14 President J. H. Witbeck filed a bill for the appointment
of a receiver, and on the 17th Frank H. Sellers, of the Title Guaranty
& Trust Co., Chicago, was appointed receiver. A reorganization com
inittee consisting of James P. Black, Lyman M. Paine and Glenn E.
Plumb, proposed that bondholders surrender one-half or more of their
bonds for cancellation, accepting double the amount in stock. It was
thought that from 30 to 50 per cent of the bonds could thus be retired.
The May interest on the $1,154,000 of 1st mortgage 5s was passed
pending reorganization.
STOCK
8t'k,
&
BONDS—
Date. Int., Etc.
Outstand'g. Maturity, etc.
$10,000,000(par$100)
1895 5g.M-N
M., $3,000,000, g.)
Red.aft.10 yrs.at 105) Trus. is Merchants'
1st
$500,000
1,154,000
Loan &
Nov. 1,1935
Tr. Co., Chicago.
16 1892 6g. F-A
164,000 Aug., '02-12
trustee is the Northern Trust Company of Chicago.
32 miles of track; extends from Lake Michigan along
W.&S.Towns,lstM.,g...
The mortgage
ROAD— Owns
22d St., etc.
Earnings— For year ending Dec. 31, 1898, gross, $119,738; net, $60,166 fixed charges, $55,202; bal., surplus for year, $4,964.
OFFICERS.— President, Glenn E. Plumb; Vice-President, J. P. Black;
Sec'y and Treas., Charles L. Hull.— V. 66, p. 183; V. 70, p. 739, 841, 894
;
CHICAGO & SOUTH SIDE RAPID TRANSIT
RR- ("ALLEY
V. 69, p. 78, 228, 384, 441, 1103, 1147, 1247,
791, 1095.
1299,1300;
V. 70, p.
,
ELEVATED")—See South
Side Elevated.
CHICAGO UNION TRACTION-Cable and
electric.
ORGANIZATION.— Incorporated in Illinois dune 3, 1899, by the Elkins-Widener Whitney syndicate and purchased for $10,000,000 cash
the holdings of stock of Chas. T. Yerkes in the West Chicago and
North Chicago roads. These holdings consisted of $3,200,000 West
Chicago stock and $2,000,000 North Chioago stock. Subsequently the
(1)
CHICAGO CONSOLIDATED TRACTION.— Electric roads.
On
April 14, 1900, the directors of this company authorized agreefor the absorption of the company by the Chicago Union Traction. The latter company paid $45 in Chicago Consolidated Traction
bonds, guaranteed by the Chicago Union Traction, and $1 50 in cash
for each $100 of stock. V. 70, p. 791.
ORQANIZATION-The Chicago Consolidated Traction was organized
in Feb., 1899, to unite the suburban leased lines of the North Chicago
and West Chicago systems. It acquired the stock of the following
ment
roads (V. 68,
p. 769).
Stock
Outstand'g.
Name.
,-Trac. Stk. Iss. Therefor.—
Mate.
Amount.
$
Chicago Electric Transit
North Chicago Electric
Chicago North Shore St. Ry
North Side Electrio
1,500,000
2,000,000
%
$
'.f>0
3,750,000
3,500,000
175
Leased to North Chicago Electric.
1,500,000
200
3,000,000
Evanston Electric
1,000,000
50
500,000
Cicero & Proviso.
62
2,500,000
1,550,000
Ogden Street Railway
55
2,000,000
1,100,000
Chic. & Jefferson Urban Transit 2,000,000
55
1,100,000
12,500,000
14,500,000
In addition, $500,000 of Chicago Consolidated Traction stock was
sold for cash, making with the foregoing the full total of $15,000,000
stock outstanding.
Stock is listed on the New York Stock Exchange.
Date. Interest.
Outstand'g
Maturity.
STOCK
BONDS
8tock, $15.000,000
$15,000,000
New 1st mortgage gold J 1899 4»s J-D
6,750,000 Dec.1,1939
(Int. at Equitable Tr. Co., Chicago, Trustee,
$6,750,000
Interest and principal guaranteed by Chicago Union Traction.
The new bonds for $6,750,000 are guaranteed, principal and interest,
by the Chicago Union Traction. The Chicago Consolidated Traction
when it was organized assumed the bonds of the constituent companies
(which it agreed to guarantee) and also the lease of the Chic igo North
Shore Street Railway under which 6 per cent dividends are paid on
the $650,000 stock of the latter. The statement to the New York
Stock Exchange under date of March 27, 1899, showed that the mortgage indebtedness of the constituent companies issumed aggregated
$6,085,000, including the $650,000 stock of the Chicago North Shore
Street Railway. Below is the debt of the constituent companies in
detail. By the terms of the several trust deeds of these mortgages, no
additional bonds can be issued except|for construction, and then for
only 75 per cent of the actual expenditure therefor.
&
Obligations of Subsidiary Companias.
CHICAGO ELECTRIC TRANSIT.
BONDS—
Date.
1894
Interest.
F-A
Outstandnq.
$1,097,000
Maturity.
Aug. 1, 1914
Interest is payable at office of trustee, the Illinois Tr. & Savings Bank.
This mortgage provides for the issue of $2,000,000 bonds at
not exceeding the cost of improvements, extensions, etc., and for
additional bonds at not above 75 per cent such cost. Of the $1,097,000
issued, $842,000 are guaranteed by the West Chicago Street RR. and
$255,000 by the North Chicago Street RR.
lstM.,guar.,nooption...
CHICAGO
<fc
6
JEFFERSON URBAN TRANSIT.
Dale. Interest. Outstanding.
Maturity.
6M-N
1st M., guar p.and i.,West ) 1895
$208,000 Nov. 1, 1915
Chic. Ht. Ry., see text... S Interest at Chicago office.
The first mortgage is for $2,000,000, but additional bonds may be
issued for extensions, etc.
Trustee, Illinois Trust
&
Savings Bank.
STREET RAILWAYS
Maturity.
Outstanding.
MAN
Nov.1,1904
6
$84,000
let mortgage, 1889
Interest on 1st mortgage at Farmers' Loan & Trust Co., N. Y. City.
Consol. M. $2,500,000, 5g,M&N
May 1,1915
$1,901,000
1895, g., $1,000, gu.,W. |Int'st at 111. Trust & Sav'gs Bank, trustee.
end....
R'way,
St.
Chlo.
Consols of 1895 are reserved to retire the outstanding firsts and
$500,000 for improvements at not exceeding 75
i>er
cent thereof.
OODEN STREET RAILWAY.
(
gu.p<fei,W.< hic.end.
5
Outstanding.
Interest.
Dale.
M ($1,500,000)....
1st
6MN
1896
Trustee
Is Illinois
Maturity.
Mayl, 1916
$750,000
Trust & Savings Bank.
The supplemental mortgage, executed Jan.
22, 1 898, limits the issue
of bonds to $1,500,000. Additional 1st 6s can be issued only for 75
per cent of the cost of new construction.
EVANSTON ELECTRIC.
Date.
Mort. for $1,000,000
currency
Outstanding.
Interest.
Maturity.
& A.
$130,000
Aug. 1, 1916
Guar, by North Chicago Street Railway.
6 F.
i
j
NORTH SIDE ELECTRIC STREET RAILWAY.
Date.
Interest.
Outstanding.
originally a 6 per cent issue, but when bonds fell due July 1
1900. they were extended for 27 years at 4 per cent. See V. 70, p.
1195.
Has guaranteed $649,000 North Chicago Electric Ry. and $255,000
Chicago Electric Transit bonds; also North Side Electric St. Ry.,
$155,000 bonds, and Evanston Electric Ry., $130,000 bonds.
Slock—North Chicago Street stock for $1,100,000 was issued in
January, 1896, of which $550,000 for part payment of extra dividend
and $550,000 was offered to stockholders at par.— See V. 62, p. 41. In
April, 1898, $1,320,000 additional stock was sold to stockholders
at par to retire $500,000 certificates of indebtedness of 1891 (the $298,000 outstanding balance of which was called for payment July 1, 1900)
and for extensions, etc. This increased outstanding stock to $7,920,000, of which $5,920,000 is held by the public and $2,000,000 in trust
as above— V. 66, p. 761, 811; V. 70, p. 46, 1195.
was
CICERO A PROVISO 8TREET RAILWAY.
Interest.
25
DIVIDENDS. (1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899.
12
12 Below. 12
12
12
ll 1*
12
percent. 5
8
In 1896, 12 p. 0. in oash, and 20 p. c. extra (10 p. c. in stock and 10
p. c. in 6 p.c. certificates of indebtedness).
Road—
Miles.
18 12
Cable
Maturity.
6M-N
$155,000 Nov. 1, 1915
M. cur., gu. p. & 1. > 1895
(end.)byNo.Ch.St.RR. $ Trustee, Illinois TrustA Savings Bk Chicago.
Interest is payable at Chicago office or the fiscal agency. The first
mortgage provides for the issue up to $1,500,000 at not exceeding the
cost of construction further bonds can be issued at 75 per cent of
cost of extensions and improvements. (See guarantee V. 62, p. 414 )
Horse
-
;
NORTH CHICAGO ELECTRIC RAILWAY.
Interest. Outsland'g. Maturity.
1894 K F $868,000 Aug. 1, 1914
Int. at Illinois Trust (trustee), Chicago.
Date.
1st M., $1,000,000 (not subject to call), gu. p. & Lend,
)
s
A
The bonds are guaranteed, $688,000 by North Chicago, $180,000 by
West Chicago Street RR.
CHICAGO & NORTH SHORE STREET RAILWAY.
Date.
Interest.
6 Q.-J.
Capital stock,6p.c.guar.
1st M., $1,500,000, g., >
guar. p. & i. (end).o* S
6g. A-O
Subj, to call at
1894
Outsland'g.
Oulstand'g.
Maturity,
$650,000
675,000
Apr. 1, 1912
105 any Apr. 1 after 1905
The bonds, guaranteed by endorsement by the North Chicago Electric
Railway, and the stock guaranteed 6 per cent per annum by the same
company, are listed on the Chicago Stock Exchange.
Interest is paid in New York by Chase Nat. Bank and in Chicago at
Illinois Trust & Savings Bank, Trustee.
EARNINGS. —Earnings of Chi. Consol. for 1899 not reported. Earnings of the constitutent companies for the year ending Dec. 31, 1898,
are reported as follows: Gross, $1,026,780; net, $406,292; fixed
charges, 337,458; balance, surplus, $68,834.
ROAD-—The property embraced
in the constituent companies con206 miles of single track electric street railway, located in the
City of Chicago, the township of Cicero, and the City of Evanston, all
in Cook County. The lines extend over the entire north, northwest,
west and southwest sections of the City of Chicago and connect at
their respective terminal points with the lines of the North and West
Chicago Street RR. systems, over which passengers are carried originating on the lines of the Consolidated Traction and vice versa.
Rails are Johnston- girder, 75 to 85 lbs.; gauge 4 ft. 8^ in.
EQUIPMENT.— Motor cars, 269; trailer cars, 62; motor equipment
sists of
208.
Officers and Directors.— President, John M. Roach; Vice-PresEdwin S. Harwtll; Secretary and Treasurer, C. F. Marlow.
Directors (May, 1900)— John M. Roach, Edwin S. Harwell, C. F, Marlow, T. C. Hammond, J. A Rose and Paul O. Stenzland. Transfer and
General Offices—54 Wall Street, New York, and 444 North Clark St.,
Chicago—V. 68, p. 86, 330, 472, 722, 769, 976, 1147, 1247. 1299,
ident,
1300, 1345; V. 70,
(2)
p. 39,
429, 791, 1018.
NORTH CHICAGO STREET RAILROAD.
ORGANIZATION— Incorporated under the laws of Illinois in 1886 " to
construct, lease, purchase, or otherwise acquire horse, dummy and
street railroads in Chioago and Cook County, Illinois." It controls the
surface street railroad system in the North division of the city of Chioago, through the purchase in 1886 of 2,501 shares out of a total of
5,000 shares capital stock of the North Chicago City Railway Co., said
road being leased for 999 years from 1886. Franchise 99 years from
Feb., 1865. Annual payment to city for electrical franchise, $10,000;
oar license, $50 per car per annum, 1 3 trips per day to a car.
In February, 1899, all the suburban leased lines of the North Chioago
and West Chicago systems were united under the name of the Chicago
Consolidated Traction, which see above.
In June, 1899, the North Chicago was leased to the Chicago Union
Traction for a yearly rental equal to 12 per cent on the stock.— V. 68,
p. 1131.
STOCK AND Bonds—
Dale.
Outst'ding. Last div. dc.
$7,920,000 12% per year.
1st mortgage ($500), <feo. ) 1886
1906-9-16
3,171,000
See text. Currency.
J Trus. Fide'y Ins. Tr. & Safe Dep. Co. of Phila.
Certs. 5-20s ($100) etc.our. 1895
1900-1915
6 J- J
1,260,000
N.,C. City By. Co. stook
30 Q-J
See text. 30% per year.
1st mort., our'oy($l,OOOM880
4 J500,000 Julyl,1927
2d M. ($2,500,000) cur. ) 1887 413 M-N
Nov.1,1927
2,500,000
Trustee, 111. Tr.& S.Bk. ] Subject to call at any time.
Stook of N. Chi. City Ry. Co. not owned by N. Chi. St. RR. Co., $249,900 (par, $100), receives an annual rental of $30 per share. North
Chioago City stook for $250,100 is owned by North Chicago Street RR.
Bonds—The N. C. St. R.R. mortgage provides for the issuing (by and
with the consent of the trustee) of bonds for permanent improvements, in amount equal to 75 per cent of such improvements. To
Nov., 1899, there had been Issued: Dated July, 1886, due 1906, $1,500,000; July, 1889, due 1909, $1,250,000; Jan., 1896, due 1916,
$421,000. The Noith Chicago City Ry. 1st mortgage for $500,000
Stock ($10,000,000) ($100)
. . .
....
Interest.
Q.—J
5 J- J
7527
Electric trolley
I
9433
Total track operated
1st
,
94
Miles.
I
|
Annual Report— Now
separate report made.
earnings as follows:
Tear ending Dec.
Gross receipts
Netearnings
31—
Int., rental, taxes, etc
Dividends paid
Balance, surplus
Total surplus Dec. 31
operated by Chicago Union Traction and no
Report for 1898 was in V. 68, p. 127, and gave
1898.
$3,015,323
$1,624,642
543,665
(12%)870,957
1897.
$2,911,551
$1,591,625
636,462
(12%)791,943
1896.
$2,913,710
$1,519,322
524,231
(12%)758,901
$210,019
$163,220
$236,190
$830,741
OFFICERS.— President. Daniel T. Hunt, Chicago; Secretary, F. E.
Smith; Treasurer, M. B. Orde.— V. 67, p. 221 V. 68, p. 86, 127, 330,
725. 928, 976, 1075, 1131, 1225; V. 69, p. 78; V. 70, p. 946, 1195.
;
(3)
WEST CHICAGO STREET RR.—
Organization— Incorporated July 19, 1887 under laws of Illinois.
LEASES.— Control of tne Ohi. W. Div. Ry. (96 miles track) was ac-_
quired through purchase of a majority of its shares (6,251) of capital
stock, and the road leased for 999 years from Oct. 20, 1887, at an
annual rental of $35 per share, the principal and interest of its bonds
being assumed— see V. 65, p. 281. Of the Chicago Passenger Ry. Co
(34 milestrack) stock, the Chi. W. Div. Ry Co. owns a majority ($730, 100),
and the road was leased March 15, 1889; lease extended in 1897 for 50
years to the West Chicago Street RR. The West Chicago St. RR. Co.
agrees to pay 5 per cent a year on capital stock of the Passenger Ry.
Co. and to guarantee its fixed charges. The West Chicago rormerly
leased Cicero & Proviso St. Ry. and Ogdt-n St. Ry., but these roads have
now passed to the Chicago Consolidated Traction.
In Feb., 1899, all the suburban leased lines of the North Chicago and
West Chicago systems were acquired by the Chicago Consolidated
Traction, which see above.— V. 68, p. 86, 769, 1 195.
In June, 1899, the West Chicago was leased to the Chicago Union
Traction for a yearly rental equal to 6 per cent on the stock.— V. 68,
p. 1131.
&
Date.
Interest. Outstand'r/. Last die, <tc.
STOCK
BONDS
Stock, $'i 0,000,000 ($100). text.
Q.-F. $13,189,000 6%peryear.
1st mortgage, $4,100,5 1888 5
M.-N.
3,896,000 May 1,1928
000, $1,000, s. f
c( Trustee, Illinios Tr. <fc Sav'gs Bank, Chicazo.
4!>7.000 Dec. 1, 1914
J. - D.
Debentures $1,000..
*1 000 ..c
P . 5 1894 6
Debentures,
^ Subject to call at par after 1899
Consol. M., $12,500,000g. 5 1896 5g. M.-N.
6,219,000 Nov. 1, 1936
($1,000 each)
c* (Trustee, Cent. Tr. Co.,N. Y. & G. Sherman.
Stibsidiary lines
W. Ch.8t.RR.Tun.Co.lsU 1889 5
F. -A. $1,500,000 Feb. 1, 1909
guar. p. & i
end. 0. (Trustee, Illinois Tr. ifc Sav'gs Bank, Chicago.
Power house rnortgages.1888-9 5 p. c.
1928-9
204,000
Chi. W. D. Ry. Co. st'k 100
$35 Q.-J. 20 See text. 35% per year.
1st mort. 413s, ($1,1 00).. 1892 4^ J. - J.
July
4,070,000
1. 1932
Chic. Pass. Ry. Co. stock
5
1,340,300
1 st mortgage, cur
400,000 Aug. 1, 1903
1885 6 F. -A.
Consols. $2,000,000 our- < 1896 5
M.-N.
1,600,000 Dec. 1, 1936
rency
Trustee, Equitable Trust Co., Chicago.
\
Interest is payable at company's office.
Bonds.— 01 the $12,500,000 consols under the mortgage of November, 1896, $3,896,000 can be issued only on retirement of an equal
amount of the outstanding first mortgage 5s, and $2,500,000 for improvements and extensions at 75 per cent of the cost thereof. In Feb.
ruary, 1897, a sale of $6,000,000 of the consols was made to a syndicate
the proceeds were used to retire $2,000,000 debentures in
April 28, 1897, and the floating debt, and bonds are reserved to retire
the $612,000 debentures subject to call in 1900. The mortgage covers
202'7 miles of track, including West Chicago Street RR., 72-7 miles
_
—
;
(owned); Chicago West Division Ry., 96 miles (leased), and Chioago
Pass. Ry., 34 miles (leased). See V. 64, p. 176, 333, 472. Chicago Pass.
Ry. consol. 5s are reserved to retire the 1st 6s.— V. 65, p. 235.
Stock— Recent issues— April. 1, 1893, $1,000,000; Aug. 1, 1893,
$1,100,000, and Nov., 1893, $1,089,000.
Chicago West Division Stock is $1,250,000, of which $625,100 is owned
by the West Chicago Street Co., the remainder ($624,900) being guaranteed 35 per cent yearly under the lease. Chicago Passenger Raihcay
stock $2,000,000, having been increased from $1,000,000 in 1896,
but only $1,340,300 stock has been issued. The West Chicago St. RR.
Co. guarantees under operating contract 5 p. c. on stock, of which
$730,000 is owned by West Chicago.
General Finances.—Application dated June 29, 1897, for listing
the stook and bonds on the N. Y. 8tock Exchange was given in full in
V. 65, p. 281, including general balance sheet of June, 1897, and detailed information regarding the leases and finances of the company.
DIVIDENDS— (1889. 1890. 1891. 1892. 1893. 1894. 1895 to May, '00
per cent.. 5. 5
6
7>4
9
6 per ann.
5
9
STREET RAILWAYS.
26
Road.— Owns 72-7 miles and leases 130 miles; total, 202-7 miles
track, operated as follows: Cable, 304 miles; electricity 166 miles;
horses, 6-6 miles.
Owned—
WestChicago
Itilrs.
Leased—
Milet.
Div. Ry
Chicago Pass. Ry
7270 Chicago W.
St
9600
3400
Annual Report-— Report for 1899 included in Traction statement.
Report for 1898 was In V. 68, p. 127, showing:
1896.
Years end ina Dec. Zl—
1897.
1898.
Gross earning:
$4,018,948
$3,899,918
$4,031,903
2,138,378
Operating expenses
2,017,946
1,929,664
by the Cicero & Harlem Ry. Co. (which see below); this piece was
opened April, 1899.
REPORT—Fiscal year ends Dec. 31. Report for 1899, V. 70, p. 174.
1899.
1898
1898.
1899.
Gross
$697,513 $633,403 Taxes
$13,743
$13,849
Oper.exp
331,553 324,947 Int. charges. ..261,400
259,344
Loop rental... 87,177
61,954
built
Netrevenue... .$365,960 $308,456 Surplus
$3,640 def.$26,691
OFFICERS—President, D. H. Louderback; Vice-Pres., A. S Littlefield;
Sec.
and
68, p.
Net earnings
Rental of leased roads
Coupon
Other
interest
interest and taxes
Balance for dividends
Dividends paid
)
>
$2,013,957
$1,970,254
1,198,000
1,136,185
)
815,957
791,340
$834,069
791,340
$1,880,570
$493,408
241,800
280,907
$864,455
791,340
sur.$73,115
Balance
sur.$24,617
sur.$42,729
$1,795,733
Total surplus Dec. 31
OFFICERS.— President, Daniel T. Hunt, Chicago; Secretary, F. E.
Smith; Treasurer, M. B. Orde.— V. 67, p. 221; V. 68, p. 86, 127, 330,
725, 928, 976, 1075, 1131, 1225; V. 69, p. 78; V. 70, p. 634.
RAILWAYGENERAL ELECTRIC
January,
obtained a twenty-year fran
Orqanization— On
18, 1896,
chiseforasystemoflines from the Dearborn Station, south on Plymouth
and Custom House Places, to Dearborn Street, and in February, 1897
additional franchises were granted, which, together with the first
named cover 56 miles of track. In April, 1900, one mile of track wao
in operation from Dearborn Station south to Seventeenth Street. The
•company agrees to pay the city 5 p. o. of gross for second five years of
franchise, 7*3 p. c. for third five years and 10 per cent for last five
years. In 1897 leased to Metropolitan Traction Co. for $5,000 yearly
but lease since rescinded.
Maturity.
Interest.
Outstanding.
STOCKS
BONDS— Date.
Stock, $5,< 00,000
$5,000 000
1st M., gold
Oct., 1916
1896
5g. A-O
abt. 500,000
Mortgage authorizes a first issue of $3,000,000, then $2,000,000 for
extensions, and additional amounts at 85 per cent of cost of still
further extensions and improvements. Trustees, Title Guarantee &
Trust Co. of Chicago and State Trust Co. of New York.— V>66, p. 1188.
Officers— President, J. D. R. Baldwin, New York City; Vice-Pres't
Ferdinand Goss, Chicago; Secretary, Jos. D. Goodman, Chicago
Superintendent, E. R. Gilbert, Chicago. Office, 324 Dearborn Street
&
Chicago.
LAKE STREET ELEVATED RR.-An
road
Organization— Chartered August 24, 1892. Debt has been mostly
readjusted under plan of February, 1895 (in V. 60, p. 391), by which
*he Northwestern Elevated RR. Co. guarantees new debenture bonds.
Operation by electricity was resumed Sept. 20, 1896.
As to liability of elevated roads for damages to adjoining property
see V. 70, p. 430.
&
BONDS—
electric
Treas.,
Abel, 610 Royal Ins. Building, Chicago.— V74, 176, 430, 687, 894, 1049, 1149.
Howard
128; V. 70,
p. 1
CHICAGO & HARLEM RY.—Name changed from Cicero & Harlem
Organization— Chartered as an extension
Dale.
Interest.
STOCK & BONDS—
of the
Lake
St.
O'ttstand'g.
#
Elevated.
Maturity.
Stock
$1,000,000
1st mort., unlimited,) 1899
220.000 May 1, 1939
5 M&N
$1,000 each
Equitable Trust Co., Chicago, Trustee.
5
The first $1,000,000 of bonds are to be certified from time to time as
new road is built; additional bonds to an unlimited amount may be
issued for 75 per cent of the cost of roads built or acquired.— V. 68, p.
1074.
ROAD -One mile
road.
Town
miles.
of elevated and 1 Smiles of surface and incline
April, 1899. Also has the right conferred by the Cicero
Board, to build an additional north and south line of about two
Opened
President, D. H. Louderback; Secretary,
Howard Abel.—V.
66, p. 759; V. 68, p. 1074.
LOOP ROAD.—See Union Elevated.
METROPOLITAN TRACTION COOrganized in June, 1897, by parties interested in General Electric
Ry. Has franchises for about 200 miles of streets in Cook County.
No road constructed to latest dates. In Nov., 1898, the United Traction Co., with a capital stock of $500,000, was reported to be organized
by parties interested
STOCK
&
BONDS—
in the Met. Traction.
Interest.
Outstand'g.
CO
Maturity.
Stock, $10,0. '0,000
1917
1st M., $2,000,000, gold
1897
5 g. F-A
(?)
Bonds, $1,000 eaoh. Equitable Trust Co. trustee, and the State Trust
Co. co-trustee.— V. 65, p. 27, 278.
Date.
METROPOLITAN WEST SIDE ELEVATED
RAILWAY-An electric road.
Organization- Organized in Illinois Jan. 16, 1899. Successor on
Feb. 3, 1899 (per plan in V. 67, p. 126) to the Railroad Co. sold under
foreclosure on Jan. 4, 1899. Extensions to Cicero, Proviso, Lawndale
and Ley den are authorized by articles of incorporation. V. 68, p. 130.
Interest. Outstand'g. Maturity, etc.
Date.
STOCK
BONDS—
Com. stock (vot. trust)
$7,500,000
n ° n "° Um -'
P ef
8,708,100 Feb.28,'00,2is
000°'
$ 9 ;000
\
Aug. 1, 1938
9,458,000
1st M.,$10.00b\bo"6"($l,-$ 1898 4g. F-A
c* I Cent. Trust Co.,N. Y., and G. Sherman, trus.
000), gold
The title to the common stock is vested for five years (unless
in any one year during that period dividends of five per cent shall
have been paid on the preferred stock) in Frederic P. Olcott, Walter
G. Oakman and Samuel Thome, as voting trustees, who shall vote
only for directors receiving a majority vote of the preferred stock.
The voting trustees shall not vote to create any lien or charge upon or
for the lease or sale of the property of the company without the consent of a majority in amount of voting trust certificates.— V. 67, p. 789.
Has gtiaranteed $407,000 bonds of Union Consolidated Elevated.
In March. 1 900, the New York Stock Exchange listed the bonds and
the common and preferred stock.— V. 70, p. 737.
ROAD— From the Board of Trade Building westerly about b\ miles,
with branches; total length of road, 14-75 miles; the first 1*67 miles
are four tracks, the rest two tracks, making total track miles 31 17;
also leases the Union Consolidated Elevated (^ mile) and has joint
ease with other elevated roads of the Union Elevated or "Loop Line."
Road began using loop in October, 1897. The road is operated by
electricity. See. V. 58, p. 866. Right of way is largely owned in fee
and mortgaged to secure the bonds; 65 motor cars, 184 passenger cars
and 10 other cars. Gauge, 4 ft. 8^ in.
Earnings— For fiscal year ending Feb. 28, 1900:
$1,477,113
Passer ger earnings
47,001
Miscellaneous earnings
&
Outstand'g. Maturity, etc.
$10,000,000
& i. ) 1895 5 J4,039,200 July 1, 1928
Trustee, Northern Trust Co., Chicago.
$
In&deben., g>» non-cum., ) 1895 5 Feb. 1
1,009,800 July 1, 1928
8500 & $1,000 bonds. c. S
Subject to call at 101 on any Feb. 1.
Bonds not assenting to plan of 1895—
1
P r0t e
127,000 July 1, 1928
?Se^xt)^ . . . !!^f.' \ 1893 3(5) J-J
Do Ziegler bonds (text) 1893
J-J
605,000 July 1, 1928
Bills payable Dec. 31,'98
947,000
Interest payable at Northern Trust Co.
Trustees of 1st mortgage were Farmers' Loan & Trust Co. of N. Y.
and American Trust & Savings Bank, Chicago. In June, 1898, the
Equitable Trust Co. was appointed in place of Farmers' Loan &
Trust Co., the latter having been held incompetent to act, but case appealed to U. S. Court.— V. 66, p. 1237; V. 67, p. 75. On March 26.
1900, the U. S. Supreme Court decided that an injunction against proceeding to foreclose a mortgage in a Federal Court which has first
acquired jurisdiction over the property cannot be granted by a State
Court in which suit is brought for a removal of the trustee. It did not
pass upon the question of the right of the Trust Company to act.
Note.—The total issue of old first mortgage bonds was $7,574,000, of
which in 1900 $834,000 had not assented to readjustment plan
of 1895. Of these last $102,000 were in the treasury, while $605,000
held by Mr. William Ziegler were until lately in litigation and receiving no interest the balance, $127,000, was allowed to receive interest
$1,524, 114
Gross earnings
653,331
at 3 per cent per annum, or 60 per cent of face of coupons. Holders of Operating expenses
first 5s who assented to plan received in exchange for their principal
$870,783
Netearnings
80 per cent in guaranteed debentures and 15 per cent in incomes. Interest on balances and net rental of outside property
1 0,022
upheld.
The validity of the Ziegler bonds has been
V. 70, p. 176, 687.
$880,804
Totalnet income
In June, 1900, the Ziegler bonds were purchased by Blair & Co. for
net
special,
taxes,
$1,100;
$50,819;
Rentals,
$180,451;
Charges:
$610,000 (their face value), the accumulated interest, viz., $172,000,
having previously been paid. This has ended the litigation and will applicable to bond interest and dividends, $648,435.
DIVIDENDS.— First div. on pref. stock, 2*3 per cent, Feb. 28, 1900.
allow readjustment of the company's finances.— V. 70, p. 1149.
trust
certificates
representing
Lake
BALANCE SHEET OF FEB. 28, 1900.
Slock—In May, 1896,
Street
stock for $5,009,300 were offered to stockholders of Columbia Con
Liabilities
Assets—
$9,000,000
struction Co. at $18 90 a share; the stock itself will be held in a tenRoad and equipment. $25,599,925 Preferred stuck
7,500,000
Common
stock
46,207
Betterments
year voting trust.— V. 62, p. 908.
10,000.000
495,476 First mortgage 4s
Cash
Bonds— The gold debentures are secured by deposit of the old bonds Do for unassenting
113,720
Unpaid coupons
3L.527
26,461 Int. accrued, not due..
with the Northern Tr. Co.; their p. and i. are guaranteed by the Northbonds and stock ...
39,918
24,087 Pay rol's
western Elevated RR. Co. When all the old bonds have been ex- Accounts collectible..
38,948
23.057 Audited vouchers
Material and supplies.
changed, they will be reissued to the extent of 60 per cent, and the Insurance
7,775
6,816 Unaudited vouchers..
46.026
Taxes accrued
balance canceled.
Secur's in treas'ry—
559
542,000 Passenger balances...
mortgage 4s
Road— Owns in Chicago a double-track elevated railway, Market First
277,457
291,900 Balance income aoc't
Preferred stock
Street from Madison Street to Lake Street, thence to the Western city
$27,055,930
Total
limits, being 6 2-5 miles, equal to 14 1* miles of single track. Connects
$27,055,930
Total
with Suburban RR. for traffic outside the city. V. 65, p. 236.
Trains
OFFICERS— President, Dickinson McAllister; Sec. and Treas., George
began running over the Loop line in March, 1897. In 1898 acquired Higginson, Jr. Office, 169 Jackson Boulevard, ( hioago.—V. 68, p. 40,
franchise for 1 mile road elevated and l^ miles surface, which will be 130, 282, 773, 1133; V. 69, p. 554; V. 70 p. 228, 328, 633, 737, 945.
STOCK
Date. Interest.
Stock, par $100
Gold debentures; p.
guar, by N. W. El
—
-
;
—
-
STREET RAILWAYS.
RAILWAYNORTHERN ELECTRIC
Capital stock
1894
50
ORGANIZATION— Chartered
In
for
years.
mortgage bonds dated 1894, due June
Annual Report— For last two calendar years
la
1914, $50,000;
$ 50,000.
trustee, Chicago Title <k Trust Co. Owns 5 miles of track from 56th
to 68th Streets on North Ave. Extension to Franklin Park planned.
In May, 1899, a controlling interest was acquired by Cleveland peo1st
1,
ple.
OFFICERS.— Pres't, B. Mahler; Sec, G. W. McKisson; Treasurer, Ed-
ward Moore.— V.
Columbia Construction Company.— Contract to build Northwestern
"L" canceled in Jan., 1898. Construction Co. stockholders received in
1900 $4,000,000 each of "L" preferred and common, or about $93'74
of each class for each $100 of Construction Co. stock.— V. 68, p. 127,
131; V. 69, p. 744, 1013.
ROAD—The road starts at the intersection of Wilson and Evanston
avenues, seven miles from the Court House, and has 5 -52 miles of four-
making 22 miles
ally completed.
single-track.
Right of
way
All superstructure
is all
owned
in fee,
is
substanti-
except at street
crossings.
Officers— President, D. H. Louderbaok; Vice-President, Clarence
Buckingham; Sec. and Treas., Howard Abel. Directors.— Charles T.
Yerkes, Chairman; Clarence Buckingham, John C. Walling, Charles
Oounselman. D. H. Louderback, W. W. Miller; John B. Dennis, of
Blair & Co.— V. 66, p. 184, 189; V. 67, p. 737, 1264, 1357; V. 68, p.
127,131; V. 69, p. 744, 1346; V. 70, p. 39, 76, 125, 329, 382, 687
SOUTH CHICAGO CITY RAILWAY CO-
Orqanization— Incorporated May 31, 1883. Operates two lines
from Jackson Park to 106th Street and the Indiana State Line. Hammond Whiting & East Chicago is controlled in same Interest.
—
Date. Interest. Outstand'g.
Maturity.
Bonds
STOCK
Stock ($2,000,000 auth.)
$1,603,800
1st mortgage, currency
1890 5 J-J
50,000 July 1, 1910
1st mort $5,000,000, gold)
1893 5 g.A-O
1,513,000 Apr. 1,1913
$l,000c
$Int. at Illinois Tr. & Sav. Bk., Trustee, Ckio.
ROAD— Owns 34 miles of track in Chioago and controls tue Grand
Crossing & Windsor Park RR. Co., 3 miles; total 37 miles. Rails
75 and 85 lbs. Hammond Whiting & E. C. Electrio gives a line to
Whiting, East Chicago and Roby (Ind.), and makes a direct route of 14
miles from 63d St. and Madison Ave., Chicago, to Hammond, Ind.
Officers— President, D. F. Cameron; Vice-President, D. M. Cummings; Secretary, Treas., O. S. Galther.— V. 67, p. 1002; V. 69, p. 1063.
SOUTH SIDE ELEVATED RR.-C ALLEY
VATED") -An
Organization— Successor January, 1897, to Chicago & South Side
R. T. RR. (foreclosed per plan V. 63, p. 1158).
Road— Owns elevated road in operation in Chicago upon a purchased
right of
way from Congress
Street to Jackson Park, 8-56 miles of
double and triple track; total single track, 19-44 miles. Operation
of trains over the " Loop " (Union Elevated) began October 18, 1897.
Electricity was introduced as motive power late In April, 1898.
&
STOCK
BONDSDate. Interest. Outstanding.
Maturity.
Stock, $10,323,800
$10,323,800 J'ne, 1900,
1st mort., $l,a00,000, ) 1897
413
July 1, 1907
750,000
red.,seetext; currency. J
Trustee, 111. Tr. & Sav. Bank, Chicago
Bonds.— Of the $1,500,000 authorized in April. 1897, $750,000 are to
be held for future improvements and additions. Bonds are redeemable within live years from date at 105 and after Ave years at 102;
*%
denominations are $500 and $1,000— See V. 64, p. 843.
Dividend.— First dividend of 1 per cent (out of earnings for four
months ending April 30, 1899) was paid May 1, 1899; then Sept. 1.
1 per cent; Dec. 30, 1 per cent. In 1900, March, ^ p. c; June, % p. o.
—V.
70, p. 481.
$1,250,000
1896
1.250,000 Mar. 2, 1916
5g. M-S
^ Tru8tee is Chicago Title & Trust Co.
Of the $3,000,000 bonds authorized, $1,'250,000 were issued to build
the road owned and to equip a portion of the leased lines with trolley.
The remainder may be issued for extensions built and equipped at
$50,000 per mile for double and $30,000 per mile of single track.
Road— Owns 33'5 miles of track, extending from terminus of Lake
Street Elevated at 52d Street and Metropolitan Elevated at 48th
Street, through city of Chicago, Cicero, Grossdale, La Grange, etc.
Leases from the Chicago Terminal Transfer RR. (for 50 years) the
Chicago Harlem & Batavia and Chicago <fe Southwestern roads to
Harlem race track, Austin, Ridgeland, OaK Park, etc., 24 miles of
track. Total track operated, 575 miles, all trolley except C. A? 8. W.
tracks from Harlem to River Forest and along West 16th and 19th ets.
OFFICERS— President, John M. Roach Secretary, C. 8. Leeds.— V.
64, p. 331 V. 65, p. 236.
Stock, $1,250,000
1st M Vi 000 000 goia.
cold
iBtM.,*d,uuu,uuu,
*
;
;
UNION ELEVATED RAILROADORGANIZATION— Incorporated Nov.
22, 1894, to build a loop road
connecting the four elevated roads with business centre of city.
Date. Interest. Outstand'g.
Maturity.
STOCK & BONDS—
Stock, *5,000,000(par$100)
$5,000,000 Mar., 190' 'J
1st M., $5,000,000, gold....
1895 5g. A-O
4,387,000 Oct. 1, 1945
Interest at Chase National Bank, New York.
L EASE— Operated under contract by the four elevated roads. Rental
is one-half a cent for each paying passenger carried over any portion
of the respective lines, with a minimum aggregate rental equal at
least to the amount of interest charges, taxes, expenses of operation
and maintenance of the lessor company.— V. 65, p. 1127. See V. 66,
,
p.
617, 762.
Dividends— First dividend of 4 per cent was paid Sept. 1, 1899. In
March, 190(>, 2 per cent was paid.
Report.— For fiscal year ending Nov. 30, 1899
Revenue from
lessees, $382,318
other income, $3,315 Int. on bonds, $218,237; expenses not borne by lessees, $21,621 balance, surplus, $145,775. In
:
;
;
;
1897-98, surplus was $118,763.
Road—The loop is 1 98 miles in length, double tracked (80-lb. rails),
and runs on Lake St. to Wabash Ave., to Van Buren St., to Filth Ave.,
to Lake St. Road opened Oct. 10, 1897.
Trains of the Lake St,,
Metropolitan West Side, and South Side now operate over the loop.
OFFICERS— President, C. T. Yerkes; Vice-Presiden*, L.S.Owsley;
Secretary and Treasurer. Howard Abel; General Manager, D. H.
Louderbaok. -V. 66, p. 762; V. 68, p. 279, 284; V. 69, p. 492; V. 70,
p. 585.
#
UNION CONSOLIDATED ELEVATED RYORQANIZATION— Formed in 1896 and built from Union Elevated at
5th Ave. west to Market St.; thence to the Metropolitan W. S. El.; op*q
STOCK
Stock
mile.
&
BONDS—
Date.
Outstand'g.
Int.
Maturity.
$1,000,000
Series "A" 1st mort., gold, ) 1896
Nov. 1, 1936
5 g M-N
407,000
gu. p. &1. byMet.W.S.El. \ Trustee,G.8herman,V.-P't,Cen.Tr.Co.,N.Y.
Mortgage $1,000,000, of which $500,000 aeries A. -V. 63, p. 1065.
Officers-— President, George E. Newlin; Vice-Prest., C. V. Weston;
Sec. & Treas., H. Abel.
UNION LOOP.— See Union Elevated RR.
UNION TRANSIT CO.-A projected road.
Organization.—In June, 1898, made application for a fifty-year
franchise for about twenty miles of streets. Sucoessor to the Great
Lakes Transit Company, incorporated Aug. 7, 1883. In 1899 acquired
by parties acting on behalf of City Railway. No work done and not
expected that project will be revived.
CINCINNATI, OHIO.
ELE-
electrio road.
trolley road.
Organization— Incorporated under general railroad law of Dlinoie
May, 1895.
Date.
Interest.
Outstand'g.
Maturity.
STOCK & BONDS—
erates
946, 1049, 1150.
&
1899.
1898.
Op. ex. &taxes.$6' 9,932 $682,386
Net receipts... 500,448 295,944
Int. on bonds..
22,500
33,750
Gross rec'pts.$l, 170,380 $978,330 Dividends
306,672
OFFICERS— President, Leslie Carter; Secretary and Treasurer, J. H.
Glade; Auditor, Francis Williams. Office, 47 Congress St., Chicago.—
V. 68, p. 228, 674; V. 70, p. 227, 430, 481, 248, 1250.
SUBURBAN RAILROAD-A
ORQANIZATION—This road was
Blair & Co. of New York, who, in Dec, 1898, advanced $4,500,000 to
build the road. Loan was secured by a deposit of all the stock and
bonds of the company. On Deo. 29, 1899, a new mortgage was authorized as below and the previous mortgage oanceled. With the proceeds
the Blair loan was paid off March 1, 1900, thus releasing the holdings
of stock, which were subsequently distributed among the Hhareholders
of the Columbia Construction Co. Both classes of stock, however,
have been lodged In a voting trust, as more fully stated in a subsequent paragraph. Stockholders of the Columbia Construction Co. had
the right to take the bonds at 99.
All the right of way is owned in fee, except at street crossings. Road
was to be completed Jan. 1, 1900, but Chicago Common Council (V.
70, p. 39, 76, 125,) granted extension of time to complete sub-structure
to May 31, 19C0, and to Jan. 1, 1901, for the building of stations. A
payment of $100,000 was exacted for the extension. Road was formally opened for business on May 31, 1900. V. 70, p. 1049.
Bate. Interest. Outstanding.
Maturity.
STOCK AND BONDS—
$5,000,000
Stock, $5,000,000
non-cum.
Pf.stock.Sp.c.^i.OOO.OOO
5,000,0^0
5,000,00o
lstM.,$5,000,000($l,000),) 1900 5z J-J.
Jan. 1. 1940
gold
e* J Int. at Illinois Tr. & Sav. Bank, Trustee.
Bonds.—The full issue or any part of same can be called at 105 on
any interest day.
Voting Trust.— Both the common and preferred stocks have been deposited with the Illinois Trust & Savings Bank, depositary, under
voting trust agreement, vesting control of the company in the hands
of the voting trustees, consisting of John J. Mitchell, Marshall Field
and James A. Blair, until March 1, 190i. If at that time the full 5
per cent dividend on the preferred stock has not been paid for three
consecutive years, the voting trust continues until dividends shall have
been paid for three consecutive years on such stock.
Northwestern Elevated has guaranteed the debenture bonds of the
Lake Street Elevated.
results are
1899.
1898.
Pass, earns.. $1,13 1,403 $944,92?
33,403
Other ear'gs..
38,977
68, p. 1077.
RRNORTHWESTERN ELEVATED
promoted by a syndicate headed by
track,
27
Population 1890 was 296,908 in 1880 was 255,139
AND IN 1870 was 216.239.
;
CINCINNATI LAURENCEBURG & AURORA ELECTRIC STREET RR.-To bea trobey
road.
Organization— Incorporated in November, 1898, to build a line connecting Cincinnati with Aurora and Laurenceburg ami with Rising
Sun, thence to Madison, Ind., which will give a total Isngtii of 70 miles.
Road is in operation from Anderson's Ferry at Cincinnati to Aurora.
30 miles. In July, 1889, capital stock was increased from $35,000
to $750,000.
STOCKS
&
BONDS
Date.
Interest.
Stock, $750,000
1st mortgage.,
($1,000)
$750,000
Oustanding.
Maturity.
(I)
1899
>
J
Un. Sav.
5
Bk &
(t)
1919
Tr. Co., Cincinnati, trustee.
Directors— J. C. Hooven, President, of Hamilton, O., C. E. Hooven,
G. H. Hilvey, F. D. Shaffer and Stanley Shaftr; Treas. and Gen. Manager, C. E. Hooven, Hamilton.
CIN.
NEWPORT
& COV.-See
COVINGTON, KY.
STEEET RAILWAYS.
28
CINCINNATI STREET RY-Electric
and cable road.
Organization.— Incorporated June 21, 1880, and in 1896 purchased
Mt. Adams & Eden Park and Mt. Auburn roads.
STOCK & BONDS—
Par. Interest.
Oulstand'g Last div., de
Stock ($18,000,000)
50
5 Q.-J. $17,095,500 Apr. 1900, 1>4
Mt. Adams & Eden Park In.:
1st mortgage, currency.. ..
6 A.-O.
62,000
Oct., 1900
"
6 A.-O.
100,000
Oct., 1905
Consol. mort., ourrency
5 M.S.
Mcb., 1906
515,500
Interest Is payable at Franklin Bank, Cincinnati.
Mt. Auburn Cable Ry.
June, 1907
8H 1887 5 J.-D. 200,000
1st
.assumed ..c* 5 Interest at Chemical Nat. Bank, N Y. City.
Stock— Total authorized stock, $18,000,000, having been Increased
from $11,000,000 in August, 1896, for purchase of Mt. A.dams &
Eden Park and Mt. Auburn Cable roads, and for extensions.—V. 63,
p. 188; V. 64, p. 610. In 1898 $656,000 new stock was issued at par,
making $17,095,500 stock outstanding.— V. 66, p. 616. Stockholders
vote July 25 to increase stock from $18,000,000 to $20,000,000.— V.
currency..
..
70, p. 1249.
DIVIDENDS— For many years to Apr., 1900, incl'e, 5 p. c. per annum.
ROAD— Company on July 1, 1899, operated 206-58 miles of track in
the olty of Cincinnati, Ohio, extending also to adjoining suburbs.
Of this'track 7 miles is oable; balance trolley.
Earnings—For calendar year 1898 earnings are reported by City
Auditor of Cincinnati as gross, $2,723,702. The company does not
make any public statement, but it is understood that in the year ending June 30, 1899, the road earned 6-21 per cent on the stock.
OFFICERS— Pres't and Gen. Man., John Kilgour; Secretary and Ass't
Gen. Man.. James A. Collins; Treas'r, R. A. Dunlap.— V. 66, p. 810; V.
70, p. 1249.
MILL CREEK VALLEY STREEET RR-
Organization— Name was changed in 1898 from Cin. Ham. Mid. &
Dayton RR. Stock $1,000,000 common; outstanding, $337,500;
preferred, 5 per cent cumulative, $750,000; dividends, J-J; outstanding, $280,000. V. 67, p. 530. No b«ndVd debt in 1899.
ROAD— Owns 7*9 miles of double track, of which l*n miles between
Zoological Gardens and Mitchell Avenue, Cincinnati, held under per-
petual lease.
be extended to Hamilton. President, O. B. Brown,
Dayton; Viee-President, H. H. Hoffman, Cincinnati; Secretary, George
B. Kerper, Jr. V. 67, p. 530.
Is to
SOUTHERN OHIO TRACTION-A trolley road.
Organization— Chartered in Ohio. In Jan., 1900, was formed as a
consolidation of the Cincinnati & Hamilton Electric Street Ry., Cincinnati & Miami Valley Traction Co. and Dayton Traction Co., giving
a continuous line from Dayton to College Hill, a suburb of Cincinnati, 52 "a miles, with an extension proposed northward from Dayton
to Troy, making a total of 72 miles. V. 70, p. 177. M. J. Mandelbaum
and others of Cleveland are the parties interested.
STOCK
Date.
Bonds—
Rale.
Outstand'g.
Maturity.
Stock, $2,000,000
$2,000,000
Southern Ohio's Trac. bonds,
$2,000,000 ($1,000), leold, c\1900 5 g. M-N $1,050,000 May 1. *20
interest at Clev. Trust Co., Trustee, or at Standard Trust Co., N. Y.
^in- & Ham. Elec.lstg. ($500)) 1898 6g. J&J $400,000 Apr. 1,1918
$400,000. not subjectto call. ) Int. at Am. Tr. Co., Cleveland, trustee.
Loans Guaranteed by Cin. & Miami Valley Traction.
Dayton Traction 1st M., J 1896 5g. J-J
July 1,1916
250,000
g. ($1,000), int. guar..c* I Int. at Finance Co. of Penn., Phila., trustee.
Debentures, gold, as-$
6g. M-S
40,000
Mar. 1, 1913
sumed
}s. f., $2,000 yearly, beginning July, 1898.
Of the $2,000,000 Southern Ohio Traction bonds $650,000 are held
in reserve to retire the Cin. & Ham. electric bonds and the Dayton
Traction bonds, and $300,000 for extensions.
Earnings— 5 mos. > 1900
Gross, $100,822; net, $44,271
ending May 31. 51899
Gross,
75,250; net, 22,515
ROAD— Extends from College Hill (a suburb of Cincinnati) to Dayton, 52^ miles. Extension from Dayton to Troy proposed.
OFFICERS— President, Will Christy; First Vice-Prest., M. J. Mandelbaum; 8econd Vice-Prest., H. Clark Ford; Sec. and Treas., F. T. Pomeroy. Gen. Man., F. J. J. Sloat.— V. 70, p. 177, 842, 895, 1049.
&
CLEVELAND, OHIO.
Population in 1890 was 261,353; in 1880 was 160,146;
AND IN 1870 WAS 92,829.
CLEVELAND CITY RAILWAY-
Organization— Chartered in 1893. Known as "Little Consolidated."
Date. Interest. Outstanding.
STOCK & BONDS—
Maturity.
fltock($100) $8,000,000
Q.-J.
$7,600,000 April. *00, 1%
Cleve. City Cable Ry. )
1899 5g.J.-J.
2,000,000 July 1, 1909
gold,$l,000c.<fcr.lstM 5 Trustee is Central Trust Co., New York.
Earnings—
Calendar year.
1899
1898
1897
1696
1895
1894
Gross.
Expenses.
$1,480,865
1,222,163
1,100,817
1,131,863
1,060,230
923,552
$859,914
746,291
669,644
669,095
644,048
631,575
Net.
$620,951
475,872
431,173
462,768
416,182
291,977
Passengers.*
30,451,967
-25,089,438
22,313 334
22,916,513
21,604,205
19,334,862
Not including transfers.
Dividends— For 1896 paid 2 p.c; 1897,
*
west of city
3%
p.
limits; electric lines,
72 miles; cable, 12 miles.
and 98 lbs.
OFFICERS— President, M. A. Hanna; Vice-President, C.
Secretary and Treasurer, J. B. Hanna.— V. 62, p. 363, 664.
Weight
of rails, 82
F.
CLEVELAND ELECTRIC
RAILWAY.
"
Organization— Known as the
Emery;
Big Consolidated."
from a strike of its employes in June, 1899, which,
after having been settled in that month broke out afresh in July and
extended into August.— V. 69, p. 283. Boycott which had been insti-
Company
suffered
tuted was declared off in October, 1899.
BONDS—
Date.
Bonds assumed—
E.Cl-v.RR. IstM ($1000)
Brookljn St. 1st $1,000..
do mort. 1890 $1,000...
South Side 1st T
$1,000....
'
Interest. Outstand'g. Latest div., ete.
$12,000,000 Apr. 1900, 1%
1,000,000 March,
1910
Interest at Central Trust Co.. New York.
1883 6 M-S
300,000 Sept. 1, 1903
1890 6 M-S
300,000 Sept. 1,1903
888 6
-S
1 03
.30?» 0,r'°
Int. in Phila. at Fidelity Ins. Tr.& Safe ^
Dep
Q.-J.
J
\
1892
M-S
5
>
WcH
M
U
.
Cleveland Electric Railway—
M
5 g- " 8 2,450,000 Mch. 1, 1913
Int at tr u 8 tee, Central Trust Co.,N.Y.City.
DIVIDENDS—The quarterly dividend was passed in January, 1896; in
April, 1896, paid h p. c; in 1897, 3 p. c; in 1898, 3H p. c; in 1899,
2% p. c. (October dividend having been passed on account of strike);
in 1900, Jan., % p. c; April, 1 p. c.
BONDS— Consols. oflSgj for $1,900,000 reserved to retire the bonds
assumed. Bonds in excess of $3,500,000 (including the $1,900,000
reserved as above) cannot be issued except for 85 p. c. of the cash cost
of extensions of mileage and increase of plant. The bonds are a first
lien on the Broadway & Newburg system and on all extensions made
and property acquired subsequent to the consolidation; they cannot
be called before maturity.— V. 61, p. 749.
ROAD— The company operates in the city of Cleveland "an aggregate
single track of about 96 ^ miles; practioally all the lines are double
tracked." Also operates about 10 miles of suburban track.
Latest Earnings— 5 inos„?1900.. .Gross, $791,977; net, $342,631
Jan. 1 toMay 31.
$1899. ..Gross, 741,102; net, 315,633
Annual Report— For the years ending December 31
1898.
1897.
1899.
1896.
Gross earnings
$1,511,825 $1,739,331 $1,632,020 $1,634,841
Con
M
•
1893
($10C0)Kold
c*&r$
<sr
* L VVV soia.c
{
>
>
^
Net earnings...
543,879
692,733
593,075
553,862
OFFICERS— President, Henry A. Everett; Vice-Prest., R. A. Harman;
Secretary, F. H. Borton; Treasurer, E. W. Moore; Auditor, W. G.
McDole; Purchasing Agent, C. W. Wason.—V. 63, p. 1146; V. 68, p.
129; V. 69, p. 283, 743, 851; V. 70, p. 632.
CLEVELAND ELYRIA & WESTERN RY-
A trolley road.
Organization— A consolidation in June, 1900, of the Cleveland Berea Elyria <fc Oberlin Ry., Lorain County Street Ry. Co. and the Ober.
lin & Wellington Ry. M. J. Mandelbaum, of Cleveland, who is also
connected with the Southern Ohio Traction Co., is Interested.
Maturity.
Date. Interest. Outstanding.
STOCK AND Bonds—
Stock, $2.000,000
$1,400,000
C1
!ubi to
1892 6 « J&J
73 000 Jan \t 1912
mU Jan VlQ&i
i. 190 *
int. at Savings & Trust Co., Cleve.- Trus.
MAN
200,000 May 1. 1915
'
-
-5
£
($1 j)00)
Cleve. & Elyria IstM." on) 1895
6
18 m. ($500)
5 Int. at Savings
& Trust Co., Cleve, Trus..
Elyria & Oberlin IstM. on) 1897
6 F&A
100,000 Aug. 1, 1917
Interest at Cleveland Trust Co.. trustee.
9 miles ($500)
s
5gM&8
127,000 Mch. 1,1919
CI. Ber. Elyr.&O.con. M. { 1899
$500,000,g. ($1,000 ea.) < Interest at Cleveland Trust Co., trustee.
Aug.1,1920
Cleveland Elyria & West- ) 1900 5g F&A
none
era 1st M., $1,500,000 > Int. at Western Reserve Tr. Co., Cleveland,
called
after
10 years.
gold
Trustee.
May
be
)
($1,000),
BONDS— Of the Cleveland Berea Elyria & Oberlin 5s dated March 1.
1899, $373,000 were reserved for the retirement at or before maturity
Of the Cleveland Elyria &
of the divisional 6s to a like amount.
Western new 5s, $500,000 are to be reserved to retire prior liens.
ROAD—In May, 1900, was operating 36 miles of track extending
from Cleveland to Berea, Elyria and Oberlin, with extensions of 9
miles (now under construction) from Oberlin to Wellington; 13 miles,
from Elyria via North Amherst to Lorain; 6 miles (about completed),
from Linndale to Puritas Springs, and a proposed line of 21 miles
from Oberlin to Norwalk, gives a total mileage, when all lines are
completed, of 86 miles.
OFFICERS— Prest., A. H. Pomeroy, Berea; Sec'y., E. F. Schneider
Treasurer, F. T. Pomeroy.— V. 63, p. 793 V. 63, p. 186 V. 70, p. 894 (
995, 1249.
;
;
CLEVELAND & CHAGRIN FALLS ELECTRIC RAILROAD—A trolley road.
In June, 1899, new parties came into control, who elected the officers
given below.
Organization— Incorporated in December, 1895, to build and operate a passenger and freightroad between Cleveland and Chagrin Falls,
14 miles, to furnish heat, light and power, and own pleasure resorts.
Date. Interest. Outstanding. Maturity.
BONDS—
STOCK
$300,000
Stock
May 1,1916
200,000
lstM.,$200,000,g.,red.aft. > 1896 6g.M-N
&
c* 5 Int. at Guardian Trust, Cleve., trustee.
May 1, 1906 ($500)
ROAD— In June, 1900, had 15-2 miles of track, extending from city
Chagrin Falls. Operates under contract the ChagEastern Railroad, extending from Chagrin Falls to South
Newbury, 10 miles. Extension under way from South Newbury
to Middlefleld, 8 miles.which is expected to be completed in July, 1900.
President, F. M. Stearns; Vice-President, M. G. Waterson; Secretary,
A. G. Hutchison; Treasurer, C. E. Morganthaler. General Manager,
R. L. Palmer.
limits, Cleveland, to
rin Falls
(1)
214 p. c; 1893, 3 p. c.(% p. 0.
c; in 1900, Jan., 1 p. c; April, 1 p. c.
Road—The company operates 84 miles of track in the city of Cleveland and suburbs on 41 miles of streets, extending 6 miles east and
Q-J); in 1899, Jan.,
&
Stock
Stock ($100)
&
CHAGRIN FALLS & EASTERN ELECTRIC.
Organization— Incorporated
in
1898 as an extension of Cleveland
& Chagrin Falls Electric RR., which operates it under contract.
STOCK
&
BONDS—
Interest.
Date.
Outstand'g.
Maturity.
Quarterly $300,000
....
Stk,$i000,000(par$100)
May. 1, 1918
6 jr. M&N
(?)
1st M., $300,000, gold. < 1898
< Int. at Guardian Tr. Co., Cleveland, O., Trus.
($500 each)
Bonds are subject to call at par after 10 years.
ROAD— To extend from Chagrin Falls to Garrettsville, 12 miles of
road; 24 miles of track In May, 1900, track completed and in operalso building 8 miles between
ation to South Newbury, 10 miles
South Newbury and Middlefleld, expected to be completed in July,
;
of 1900.
& EASTERN RY-Trolley
CLEVELAND
road
construct an
Incorporated
Organization.—
to
electrio
from
Cleveland through Cuyahoga, Geauga and Ashtabula counties to the
STREET RAILWAYS.
Pennsylvania State line, between 60 and 70 miles. In Feb., 1900, was
operating from Cleveland to Chardon, Burton and Middlefleld, 46 miles.
& BONDS—
Maturity.
$1,000,000
J-J
775,000 July 1,1929
1399 5
, .ir^».™jn(mnnn«(
Int at Clevcl. Tr. Co., Trustee, Cleveland.
($1,000 eacu)
or stan(i ar(1 Trust Co., New York.
^
President, H. P. Mcintosh; Vice-President, H. A. Sherwin; Secretary and Treasurer, E. G. Tillotson.— V. 69, p. 955 V. 70, p. 995.
STOCK
Stock, $1,200,000
^.^SMftS
(if
'
Date.
Interest. Outstand'g.
100)
'
-
;
LATEST Earnings—4 mos.
CLEVELAND PAINESVILLE & EASTERN
Organization,
Etc.—Incorporated
April
Road com-
25, 1895.
pleted In August, 1896.
&
Date. Interest. Outstand'g.
Maturity.
STOCK
BONDS—
Stock, $1,500,000; par $100
$1,500,000
let Mort., gold, $500,000. < 1896 5 g. A-O
500,000 Apr. 1, 1916
($1,000 each)
c* \ Interest at State Trust Co., N. Y.
J-J
445,000 July 1, 1907
6
5 1897
-8500 OOO
Debentures *5UO,ooo
} Int at Dime 8av & Bkg ^ cley
trU8tee
Con. Mtg., $500,000
1899 5 A-O
350,000
Trustees of 1st mortgage are State Trust Co., N. Y., and Cleveland
Trust Co., Cleveland, O. Bonds authorized at $25,000 per mile.
ROAD— Owns road from Euclid, Ohio, to Painesville, 18'87 miles, ana
uses Cleveland Electric Ry. from Euclid to Public Square, Cleve., 10
miles; " Shore Branoh " (Willoughby to Cleveland, built in last half of
-
COLUMBIA,
1898), 14-39 miles; total track (including 4^ miles of double), 37-76
Rails 68-lb. girder on old line and 70 lb. T on Shore Branch.
23 motor cars. Power house is at Willoughby.
Gross, $31,595; net, $9,813
LATEST Earnings— 4 months ) 1900
Jan. 1 to Apr. 30.
Gross, 27,993; net, 7,232
$ 1899
OFFICERS— President, C. W. Wason; Vice-President, J. A. Biedler;
Treasurer, E. W. Moore; Secretary, F. S. Borton. Directors (January,
1900)— Henry A. Everett, I. N. Topliff, W. F. Carr, Fred. Storm, C. W.
Wason, E.W. Moore and J. A. Beidler.— V. 63, p. 356, 458; V. 64, p. 284;
V. 67, p. 1356.
LORAIN & CLEVELAND RYORGANIZATION—Chartered in 1895. Owns 19 miles of trolley over
private right of way between Rooky River and Lorain and running to
Public Square, Cleveland, on Cleveland City Ry. Power house is at
Avon Beach Park, using water from Lake Erie.
Stock
Bonds— Capital stock. $1,000,000 (increased from $500.
000 in Aug., 1897; par $100); outstanding $700,000; $300,000 held In
trust, with a like amount of bonds, to be issued only for extensions,
additional equipment, etc.
First mortgage authorized, $1,000,000
of 5 p. c gold bonds $700,000 issued, dated July 1, 1897, due 1927,
optional after July 1, 1917; $1,000 each, J
J. Trustee, Cleveland
Trust Co.; Interest there or at Colonial Trust Co.,N. Y. Haifa million
of the bonds were offered for sale in Feb., 1899 by E. H. Gay & Co. of
Boston and the Canadian Bank of Commerce; and in Jan., 1900
Messrs. Townsend, Scott & Son of Baltimore, offered $100,000.
LATEST Earnings— 4 months ) 1900. ..Gross, $23,803; net, $10,738
Jan. 1 to Apr. 20.
22,410; net, 10,026
5 1899... Gross,
EARNINGS— For year ending Dec. 31, 1899, gross, $95,374; net. $58,742; int. on 1st mortgage bonds, $35,000; surplus, $23,742. For year
ending Dec. 31, 1898, gross, $73,037; net, $39,372.
President, B. Mahler; Secretary, James B. Hoge; Treas., E. W. Moore.
—V. 68, p. 85, 380.
;
COLUMBIA ELECTRIC STREET RAIL-
& POWER-A
WAY LIGHT
on which Baltimore
&
COLUMBUS, GA.
Population 1890 was 17,303; in 1880 was 10,123;
and in 1870 was 7,401.
COLUMBUS RR.—Part
N. Y.
Population 1890 was 22,509 in 1880 was 19,416
and in 1870 was 15.357.
:
COHOES CITY RAILWAY.-A trolley road.
ORGANIZATION— Chartered July 20, 1894, and controlled by the same
interests as the United Traction Co. of Albany, with which connection
is made; 2ifl miles of its track was leased to Albany Ry., now forming
part of the United Traction Co.
STOCK
&
BONDS—
Dale.
Interest.
Outstand'g.
Maturity.
2%yr.'95-6
1895
6g.,J-J
1896
6g.,J-J
$50,000
50,000 July 1.1905
2dM.,gold
35,000 May 1, 1906
Year ending June 30, 1899, gross, $28,143; def. under oharges, $8,122. In 1895-96 gross, $27,083; net, $8,350; interest and taxes, $3,169; dividends (2 per cent), $1,000; balance, surplus, for year, $4,181.
Road— Track,
6-35 miles.
Officers— President, John W. McNamara, Albany, N. Y.; Vice-Pres..
Ralph Hornby, Cohoes; Sec. and Treas., T. I. Van Antwerp, Park
Bank, Albany; Gen. Man., E.
8.
Fassett, Albany.
COLORADO SPRINGS,
COL.
COLORADO SPRINOS RAPIDTRANSIT RY.
PoruLATiON 1890 was 11,140; IN 1880 was 4,226.
Organization— Chartered in 1890. Franchise Is perpetual aud is
said to give " practically exclusive" rights in the city.
STOCK
BONDS— Miles. Date. Interest. Outstand'g.
Maturity.
Stock (par $100)
$500,000r.p
1st M., $1,000 each...
1890 6 A-O
7^a
350.000
1910
&
Ws&Mft:}
27
trolley;
part steam.
Organization— Owns and operates the street car system of Columbus, the belt passenger and freight lines, connecting with all passenger and freight depots, and a large brick, metal roof warehouse
and general storage building; also an electric light and power system.
Securities— Stock $250,000. New bonds are first mortgage 5s due
1937, for $450,000, and $250,000 second mortgage 6 per cent noncumulative incomes, due 1937; $27,000 of the firsts are reserved to
retire $27,000 underlying bonds due 1913 and $20,000 to build bridge
aoross river. V. 66, p. 759. Interest Is payable April and Oct. at
West End Trust & Safe Deposit Co., Philadelphia.
Road—Operates 24*2 miles of track.
Earnings— Calendar year 1899, gross, $90,580; net, $31,182; in
1898, gross, $91,000; net, $33,000.
OFFICERS— President, John F. Flournoy, Columbus, Ga.; Vice-Pres.,
J. Wainwrlght, 14 South Broad Street, Philadelphia; Sec. and Treas.
Samuel L. Harman, 100 B'way, New York.— V. 66, p. 759.
COLUMBUS, OHIO.
Estimated Population, 1900, 145,000.
Population 1890 was 88,150; in 1880 was 51,647;
and in 1870 was 31.274.
COLUMBUS RAILWAY-
Incorporated August. 1899, in Ohio. On Oot. 2, 1899, absorbed by
consolidation the Colunibus St. Ry. and Crosstown Street Ry., and the
property of the former Columbus Central Ry. sold at foreclosure,
which oomprises all the street railways of Columbus.— V. 69, p. 743.
Date.
Outstand'g Last div., <6c.
Interest.
Bonds.—
STOCK
&
8
C
™.
%°100) °™".!?.
? .?i
Stock, pref""$3,50616bb>
($100) ft p c. cumulat'e J
,
,
1
^'a^becaUea^or
^!^
™tilO
>
$3,000,000
o
«nn nnn 5
d.uw.uwj
M »y
1900,
1,
114
p
.
c
.
5 * J "J
683,000 July 1,1909
Interest at Central Trust Co., N. Y.
1889
-
-
2,317,000 July 1, 1932
Clark & Co.. Phtla.
Knickerbocker Trust Co., N. Y., Trustee.
(
Crosstown 1st mort., $2,-) 1893 5 g. J.-D.
572,000 June 1, 1933
Knickerbocker Trust Co., N. Y., Trustee.
000,000 g. gu. p. i. c* j
Columbus St. Ry. notes
4
$183,000
M $7 °°' 0<^|l 889
C
4 'Q" J
Oct. 1,1939
1.514,000
°(ki oom
oirt
Co ot Cin Ronds are redeem'aTter I Int 8t Unl0D 8av Bk &
at E
Clarke & Co - Phila - or
Oct 1 1914 at%5 and TrU8tee
-'
Pol St
P Ai^
g0la
,
Rt
000 000 3^ 1892 5 S- J--Jy idt'fM
$^.y°".««»
Interest at E. W.
°
<fc
COHOES,
Stock (par, $20)
1st M., gold, $50,000
trolley road.
syndicate hal an option, was
a
This property,
sold in August, 1899, for $257,500 to W. B. 8mith Whaley, one of the
purchasers of the Columbia Canal and Columbia associates. Since
then about $150,000 has been spent in makiDg improvements and
building an extension to the mill district. The new oompany took
possession Sept. 1, 1899, and is understood to have floated an issue of
$250,000 bonds.— V. 68, p. 1180; V. 69, p. 491.
OFFICERS-Pres., W. B. Smith Whaley; Gen. Man., E. B. Clark.
&
;
S. C.
Population 1890 was 15,353 in 1880 was 10,036
and in 1870 was 9,298.
?
miles.
>
.
CLEVELAND MEDINA & SOUTHERN
RAILRO AD-A trolley road.
1900
$1899
Gross, $43,987; net, $14,766
Gross, 33,674; net,
9,376
Annual Report— For year ending Dec. 31 earning* were:
1899.
1898.
1898.
1899
Gross earns. .$170,610 $137,823 Int., taxes, ins. $33,407 $33,480
Balance,
76,019
49,292
surpNet earnings
42,612
15,812
Officers— Pies.. F. L. Martin; Vice-Pres., E. J. Eaton; Sec'y, Treas.
>nd Gen. Man., A. L. Lawton; Supt. and Purch. Agt., F. C. Lawton. V.
65, p. 69; V. 69, p. 1147; V. 70, p. 75, 175, 328.
to April 30.
ELECTRIC RAILWAY-To be a trolley road.
Organization— Incorporated in October, 1897, to build to Cincinnati via Columbus. In October, 1899, secured an extension of time
from County Commissioners. Stock authorized, $750,000; bonds authorized, $500,000.
29
isw 6gA-o
150,000
^vun
'
-
interest'
at
C0
-
-
W
-
-
^
-
-
S 0fflce -
]
Bonds.—The Columbus Street Railway mortgage
of 1892 is for $3,-
000,000, of which $683,000 are in hands of trustee (Knickerbocker
Trust Co., N. Y.) to retire the Col. Consol. St. RR. firsts. The Crosstown Street Ry. 1st M. is for $2,000,000, of which $572,000 are outstanding; the rest have been canoeled. Principal and interest of the
Crosstown bonds were guaranteed by the old Col. St. Ry. Co.
Of the $7,000,000 mortgage of 1899 of the Columbus Railway
$3,000,000 will be held in trust to retire the Columbus Street Railway
and the Columbus Consolidated Street RR. bonds, $572,000 to retire
the Crosstown mtg. bonds, and $286,000 to take up unsecured 4 per
oent notes of the Columbus 8treet Railway; $1,628,000 is reserved to
be used hereafter from time to time in making extensions, improvements and additions—$628,000 upon a -3-vote of directors, the other
$1,000,000 only on a vote of stockholders.
Dividends.— First dividend of 1H p. c. was paid Feb., 1900; also May
1, l*4p. c.
Road.— The Columbus Street Railway comprised 51 miles, the Crosstown Street Railway 13 miles, and the Columbus Central 34 miles;
total,
98 miles.
Latest Earnings— For 7 months
to April 30, 1900: Gross, $516,945;
not, $264,034.
Annual Report— Report of
was as follows:
old
Columbus Street Railway given
in
V. 68, p. 326,
Central Trust Co., N. Y.
Road— Owns iZo miles of track, aud June 1, 1895, began to opcrate the Mauitou Electric Railway ACasiuoConipauy's line, Ha miles,
1893.
1897.
1897.
1898.
$120,000 $120,000
Gross earns... $680,173 $605,921 Dividends
35.376
Net earnings.. 352.4S1
4.293
319,047 Surp. for year.
Other income.
196.638
8,860
5,397 Tot.sur.Dec.31 231,025
Fixed charges. 205,964
200,151
Officers— Pres., Robert E. Sheldon; 1st Vice-Pres., Treasurer and
General Manager, E. K. Stewart: 2d Vice-Pres.. C. M. Clarke (Phila.)
Secretary, P. V. Buriugtou. Index— v. 67. p. 1160: V. 63. p. 326;
under
V. 69, p. 78, 228, 283, 439, 491, 591, 743.
Chemical National Bank, New York City.
Consolidated mortgage limited to $500,000 by cancellation of
$250,000 of the bonds; $350,000 reserved for first mortgage Trustee,
Interest is payable at
lease.
STREET RAILWAYS.
30
CONCORD,
Population 1890 was 17,004; in 1880 was 13,843
and in 1870 was 12.241.
CONCORD STREET RAILWAY-A
&
1899.
1898.
Bonds-
Date.
1898.
Gross earnings.. $57,364 $52,440 Int. and taxes... $6,744 $6,723
Net earnings....
1,207
7,889
7,930 Balance
1,145
OFFICERS— President and Purchasing Agent, J. H. Albin Treasurer
and Clerk, A. B. Cross.
;
M
Cincinnati Newport
<£
Population 1890 was 10,188; in 1880 was
CORNING& PAINTED POST STREET RY-
A trolley road.
Organization -Incorporated Deo. 11, 1894.
Commenced
opera-
tions Nov. 1, 1895.
STOCK
&
BONDS—
Date.
Stock, $100,000; ($100)
i
t
1st
m
^» a ™tmnnnn
mortgage
$100,000...
ROAD—Owns 5*3 miles
5
\
.
$100,000
1896
5 J- J
100.000 Jan.
Int at Beacon Tru8t Co., Boston.
1,
CORTLAND & HOMER
3,066.
.
;
langer proposed.
Report— Twelve months
&
BONDS—
Date.
Interest.
Outstand'g.
Maturity.
Stock
$300,000
1st M.,$300,000, gold, \
1894 6 g. A. - O. 300,000 Apr. 1, 1924
free of tax
c^ S Interest at Farmers' Ln. &Tr. Co., N.Y., trustee
R0A "3—Operates 10-57 miles of track between Cortland and Homer
and Cortland and McGrawville, completed in 1895. Rail from 56 to
90 lbs. standard-guage track.
EARNINGS— Year ending June 30, 1899, gross, $33,589; net, $16,734;
interest and taxes, $21,762; deficit, $5,028; 1898, gross, $29,516; net,
$11,551; other income, $4,890; interest and taxes, $19,811; deficit
for year, $3,370.
Officers—President, none; Vice-President, H. Berghalt; Secretary
Gen'l. Mgr. and Purchasing Agent, W. B. Bucklin.
CITY, MASS.
COTTAOE CITY STREET
RY.-A
trolley road.
($100); auth., $37,000; issued, $34,900; 1st
mortgage, $25,000, gold, 1895, 6 g., M-N, due May 1, 1915. Interest
at Daternational Trust Co., Trustee, Boston. Dividends— 1894-95, 4
Owns line 54 miles in
p. c; in 1895-96, 0; 1896-97, 4 p. c; 1897-8,0.
length; sidings,
mile.
.
ORGANIZATION—Stock,
^
Earnings— For year 1898-99,
$1,635.
Winter
office,
60 State
gross, $4,095; net, $568; charges
Boston, Mass.; in summer at Cot-
St.,
tage City.
FORECLOSURE—Was to have been sold at foreclosure March 29,
1899, but sale adjourned. Is now advertised for sale on July 2 next.
Will probably pass to Martha Vineyard St. Ry., which will extend
their line to Edgartown and engage in a general transportation business.
Manager, John A. Duggan.— V. 70, p. 1048.
COUNCIL BLUFFS,
IA.— see
COVINGTON, KY.
CINCINNATI
in 1870
was
$427,152
339,553
l to
May
Taxes if
Tolls.
$147,363
136,116
8urplus.
$279,789-
203,437
31:
CRIPPLE CREEK, COL.
CRIPPLE CREEK DISTRICT RAILWAYElectric road.
Organization— Has been absorbed by and made part of the new
Colorado Springs & Cripple Creek District Ry., its stock and bonds
having been retired and exchanged for stock of the new company.
For particulars see Investors' Supplement.
DALLAS, TEXAS.
Population
24,505.
NEWPORT & COVINGTON
RAILWAY-A trolley road.
Organization—Organized in 1892 to buy up and consolidate all the
-oeds on the Kentucky side of the river, opposite Cincinnati. See
particulars in Supplement for May, 1898.
The Covington Cincinnati &. Erlanger Street Railway, incorporated
Sept., 1899, with $250,000 stock (shares, $50), by parties identified
with the Cincinnati Newport & Covington, is looked upon as practically an extension of the latter.
in 1898 (estimated)
and in 1880
was
64,224
was
10.358.
;
in 1890
was 38,067
DALLAS CONSOLIDATED ELECTRI 3
RY.- Trolley.
ST.
—
ORGANIZATION A consolidation in February, 1898, of tlie Dallas
City Street Ry. and Queen City Ry. sold in foreclosure. In March,
1899, G. M. Van Ginkel purchased the road in the interest of aDes
Moines, la., and New York syndicate. The road has, exclusive of
switohes, 34 miles of track. Stock authorized, $1,000,000. A mortgage for $800,000 securing, it is understood, 20-year 5 per cent bonds
was made in July, 1898, to the Union Trust Co. of St. Louis as trustee.
All the authorized stock and bonds were in Nov.. 1898, reported to be
outstanding as collateral for a loan. In March, 1899, property was
conveyed to E. J. Gannon, trustee, to secure a note for $365,000 held
by J. B. Wilson, bearing 10 per cent interest and payable Sept 15.
1900. At the same time the Queen City Road was conveyed in trust
to secure a note for $25,000, bearing 10 per cent interest, and due
Sept. 15, 1900. In this latter case the pledge is subject to the lien of
the first note. Presid't, G. Van Ginkel; Vice-President, J. B. Wilson;
Secretary and Superintendent, Edward T. Moore.— V. 66, p. 185; V.
67, p. 176; V. 68, p. 618, 670.
DALLAS & OAK CLIFF ELECTRIC RY-
trolley road. Chartered May, 1887. Operates 11 miles of track.
Stock, $200,000. President, H. C. Scott; Vice-President, C. F. Carter;
Superintendent, B. F. Seibert.
RAPID TRANSIT RAILWAY-A trolley road.
in Jan., 1899, to Dallas Rapid Transit &
1898, to W. F. Thayer of Concord, N. H.—
V. 67, p. 1003. Capital stock $100,000; par, $100. First mortgage 5
per cent 30-year bonds, dated May 1, 1899, due 1929, int. M.-N. were
authorized in 1899 to amount of $100,000, of which $48,000 was to
be used to pay Mr. Thayer; Massachusetts Loan & Trust Co. is trustee.
Has 13 miles of track on 13 miles of streets.—V. 67, p. 1003,1132.
President, W. F. Thayer, Concord, N. H.; Vice-President, T. T. Holloway, Dallas; Secretary and Treasurer, C. F. Freeman, Dallas.
Organization— Successor
Terminal Ry., sold Nov.
1,
NORTH DALLAS CIRCUIT RAILWAY.-A
trolley road, embracing, it is said, 4 miles of track. Stook $ 100,000.
There are $100,000 of 6 p. c. 30-year bonds owned by the stockholder*
and on which no interest is being paid. President, R. A. Ferris.
omaha.
Population 1890 was 37,371; in 1880 was 29,720
and
Net.
$713,386
681,673
$61,737
$113,228
$174,965
$293,511
67.46H
80,515
262,451
147,981
OFFICERS— (Elected February, /coo j— President, James C. Ernst;
Vice President, Julius Fleischman; Secretary and Treasurer, George
M. Abbott; Supt., Jas. R. Ledyard.-V. 66, p. 706; V. 69, p.645.
A
COTTAGE
to Dec. 31:
Gross
1900
1899
TRACTION-Trolley.
Organization — Chartered May 30, 1894, and purchased the entire
oapital stock ($150,000) of the Cortland & Homer BR. Has perpetual
right to use said railroad and operates it as an integral part of its
system. The Traction Co. owns all the stock and bonds (in all $80,000) of Cort. & Homer Electric Co., which furnishes 100 arc lights to
the two cities and also lamps to the public. Carries coal and freight
as well as passengers, between Cortland, Homer and MoGrawville.
STOCK
.
ROAD— Connects Cincinnati, Newport, Covington, Dayton, Bellevue,
Ludlow, Bromley and Ft. Thomas. Total in operation 60 miles laid
with 80 Johnston girder and 72-pound " T " rails. Extension to Er-
N. Y.
Population 1890 was 8,590; in 1880 was 4,050;
was
.
,
1926
EARNINGS— For year ending June 30, 1899, gross, $25,340; net,
$5,3 14; interest and taxes, $6,687; bal., def ., $1,373.
OFFICERS—President, A. E. Pond. West Haven, Conn.; Secretary, W.
H. Tylee, Worcester, Mass.; Treas.,E. P.Shaw, 8 Congress St., Boston.
in 1870
.
;
of track.
and
....
Outstand'g. Maturity.
Interest.
CORTLAND,
^
250,000 Men., 1912
150,000 Jan. 1, 1932
Ex> Nat Banki N Y City.
100,000 Aug. 1, 1917
Covington
Latest Earnings—Jan.
7,402.
t
1887 6
Maturity.
May,1900,la
$3,500,000
1st consol. mort., gold, $3,- > 1892 5 g. J-J
2,500,000 July 1, 1922
000,000 ($1,000) .c* & r < Trustee Farmers' Loan & Trust Co. of N. Y.
id mortgage, $1,000,000, ) 1896 5 g.
500,000 July 1, 1922
gold ($1,000 each)
c $ Trustee Farmers' Loan & Trust Co., N. Y.
Bonds -Of the 1st consolidated of 1892 $500,000 are deposited with
the trustee to retire all the underlying mortgage bonds. The perpetual
charters of constituent companies are kept alive, and their capital
stocks are deposited with the trustee as collateral for the first consols.
DIVIDENDS— In 1899, Feb., *s per cent; Aug *9 per cent. In 1900
Feb., ^2 p. c May, *q p. c.
1899
1898
Y.
N.
Interest
^
Newp. &Day.St.Ry. IstM.
12 months.
CORNING,
Interest. Outstanding.
Stock ($100) $4,000,000
Underlying Bonds
So. Cov. ACin.lstM
1882 6
M-8
1892 6g.
° J-J
Consol m., sj,auo,ooo
$500 000<rold
oonsoi.
gold. $
—
;
trolley road
extending from the central wards of Concord to Penacook.
Last div., etc.
Date. Interest,
Outstand'g.
STOCKS
BONDS—
Stock, com., $100,000
$50,000
Pref., cum., $100,000
1895-96,6%
6
50,000
First mortgage, $150,- ( 1893
Dec, 1913
5 J-D
118,500
000
c,} Subject to call in 1898 to 1902, inclusive, at
($500 eaoh.)
102; in 1903 and thereafter at par.
(
Interest at National Bank of Redemption, Boston, and in Concord.
Dividends.—The last three years company instead of paying dividends has devoted earnings to betterment of property.
ROAD is 12 miles long; total track, \2^a miles.
Earnings— For years ending June 30:
1899.
&
STOCK
H.
N.
DANBURY, CONN.
Population 1890 was 16,552; in 1880 was 11,666;
AND in 1870 WAS 8.753.
DANBURY & BETHEL STREET
RY-
Organization.— Has a perpetual special charter, the only street car
company serving the city of Danbury and town of Bethel. Its lines
also extend to the Danbury Fair Grounds and the pleasure resort of
Lake Kenosha. The population served is estimated at over 30,000.
STOCK
&
BONDS—
Miles.
Date. Interest. Outstand'g. Last div., etc-
See text.
Senii-an. $320,000
1894 5g. M-N 200,000 Mayl,1914
Interest in Boston at Am. Loan & Trust Co., trustee.
Dividends in 1896-7, 4 p. c; in 1897-8, 4 p. c; in 1898-9, 2 p. c.
ROAD—Trolley road in Danbury and from Danbury to Bethel, etc.,
10-6 miles in all; sidings, etc., 55 miles; total, 11-15 miles.
Stock ($323,000, par $25)
1st M. $200,000, gold
STKEET RAILWAYS.
year ending June 30 in 1899 and year ending Sept.
1893 and 1896:
Int. <£ taxes. Dividends. Bal.,sur.
Net.
dross.
$21,362
$11,254
$6,400
1898-9
$58,675
$3,708
13,184
12,800
62,483
26,771
787
1896-7
23.414
13,123
8.000
1895-6
65,160
2,291
OFFICERS— President, Samuel C. Holley, Danbury, Conn.; Vice-President, S. Harrison Wagner, New Haven, Conn. Directors— 8. C. Holley,
Arthur E. Tweedy, Henry Bernd, M. H. Gritting, M. McPhelemy, A.
W. Holley, all of Danbury; S. Harrison Wagner. New Haven.
Report— For
30
in
DANVILLE, ILL.
1880 was 7,733.
Population 1890 was 11,491;
DANVILLE STREET RAILWAY & LIGHT.
in
Company estimated population
in
Organization.— Incorporated
in
1900 at 20,000.
of
heating interests
all the street railway, electric light, gas and steam
of Danville, 111.
Date. Interest. Outsland'g. Maturity.
Bonds—
STOCK
$700,000
Stock, $700,000 ($100)
Refund. M., $700,000, gold, J 1900 5 g J-J.
525,000Jan.l.'10-25
c*Unt. atN. W.Harris & Co., N. Y. and hlo.
$1000
Bonds—The bonds are due $6,000 annually, Jan. 1, 1910, to 1924,
inclusive, and remainder, Jan. 1, 1925; $24,000 of old prior lien 6
per cent bonds are fctill out and $27,000 of the new bonds are held to
take them up. These are included in the $525,000 reported above as
outstanding. Sinking fund of $6,000 per year begins Jan. 1, 1910, bonds
being drawn (at par and accrued interest) in numerical order beginning with number one; mortgage trustee is the Illinois Trust & Savings Bank, Chicago. Of the authorized issue of $700,000, $175,000
are reserved for future extensions and improvements. N. W. Harris
&Co. offered the bonds for sale In Jan., 1900.
Company's Property— The company Jan. 1, 1900, owned: 1. Gas
works operated under special charter and a perpetual franchise. 2.
An electric-light plant is operated under a 99-year franchise, with
capacity of 10,000 incandescent and 400 arc lights, with dynamos for furnishing power to street railway. 3. The entire street railway system
of the city, ll 1^ miles of track, nearly all laid in brick pavement
running to three parks, the fair grounds, cemetery and railway
&
depots and National Soldiers' Home. Equipped with 50 and 60 lb.
Johnson T rails, with 17 motor cars (General Electric) and 3 trailers.
Report—Twelve months ending Dec. 31
Gross
Net
1899.
1898.
1897.
$145,237
75,478
$115,643
54,431
$106,527
48,247
Interest in 18f 9 was $26,490; balance, surplus, $48,988.
OFFICERS— President, W. P. Cannon; Vice-President, A. C. Daniel;
Sec, Treas., Gen. Man. and Purch. Agt., E. X. Leseure.— V. 65, p. 1114;
V. 69, p. 1193; V. 70, p. 125.
DAVENPORT, IOWA.
RAILW A Y-A
trolley road.
Organization— Incorporated in September, 1895. In Oct., 1898, a
was acquired by a syndicate of Daveaport, Bock
controlling interest
Island and Moline, la., men. V. 67, p. 802. April 15. 1899, bought Mollne Central Street Ry. of Moline, 111. To make this purchase fie
Tri-City issued $64,000 new stock, making total stock outstanding
$504,000. The Moline Central had $48,000 bonds outstanding, of
which the Tri-City bought $37,000 at par, but could not get the reat
at a satisfactory price.
Date. Interest. Outstanding. Maturity
Bonds—
Stock
Stock ($600,000 auth.)
$504,000 6% in '98-99
630,000 July 1, 1901
fl891 6gJ-J
Dav.&R.L, 1st M.,gold..c*
(Part due yearly) to July 1, 1911
« $1,000,000($500& $1,000)] In*- payable inN.Y.atChaseNat. B'kand
in Chicago at 111. Tr. & Sav. Bk. Trustee
Road— Owns 46 miles of trolley road and one mile of horse road,
comprising all the street railways in the cities of Davenport, Iowa,
and Rock Island and MoMne, 111.—combined population over 70,000.
EARNINGS— For year ending Sept. 30, 1899, gross, $307,152; net,
$100,592; interest and taxes, $43,649; dividends (6 per cent), $28,320;
balance, surplus, $28,623.
Officers— President, Edward E. Cook, Davenport Sec, Treas. and
Purch. Agent, J. F. Lardner, Davenport, la.— V. 67, p. 802.
&
J
(
,
;
DAYTON, OHIO.
Population 1900
90,000; 1890 was 61,220, and
1880 was 38,678.
(est.),
in
CINCINNATI HAMILTON & DAYTON
-A steam
TRACTION
CO.
transit line,
town, with steam motors, for Cin. Ham.
CITY
Organization— Incorporated under the laws of Ohio to construct a
road from Dayton to Springfield and Urbana, 41 miles. On March 25,
1900, the line was formally opened from Dayton to Springfield, 27 miles-
STOCK
&
BONDS—
RAILWAY CO.-A
Hamilton
& Dayton Ry.— V.
Outstanding.
Interest.
Maturity.
$750,000
5 g, M-N
750,000
Nov. 1, 1928
.... )
Int. at Continental Tr. Co., N. Y., Trustee.
$1,000
Can be called at 110 after 5 years.
ROAD— Private right of way over entire line, following turnpike 70gravel ballast ; 21 oars freight and paslb. T and 90-lb. girder rail
C
1898
;
;
senger traffic.
OFFICERS— Prest., John
S.
Harshman;
burn; Sec. and Treas., J. G. Webb.
330; V. 70, 632.
Vice-Pres., Frederick ColO.— V. 68, p.
Office at Springfield,
DAYTON TRACTION- See Southern Ohio Traction under
Cincinnati.
DAYTON & TROY TR ACTION.-A
trolley road.
Ohio in Jan 1900, to build a street
railway from Dayton, Ohio, via Harrison, Union, West Milton, Pleasant Hill, Ludlow Falls and Covington to Troy, 35 miles. Under con"
struction. Company acquired the right to use the tracks of the People's
Ry. in entering city of Dayton.
ORGANIZATION— Incorporated
in
,
Date.
Interest.
Outitana'g. Maturity.
STOCK AND BONDS—
Stock auth $1.400,000
800,000
- 8
lstmort., gold ($1,000) > 1900 5 g.
800,000 Mar. 1,1940
Int.
$1,400,000
at
Produce
Exch.Tr.
Co., N. Y .Trustee.
5
Stock and bonds are to be applied as follows: To equip and construct the main line extending from Dayton in a N. W. direction to Covington, 28 miles, with a branch from Pleasant Hill to Troy, 7 miles.
$800,000 stock and $800,000 bonds are issued. Mortgage authorizes
bonds at $20,000 per mile for other branches ard extensions not exceeding 15 miles ($300,000), and $300,000 additional bonds which
may be applied in the purchase of any existing line with which the
main line or any of the possible extensions at any time may connect,
OFFICERS— President, Judge Dennis Dwyer, Dayton; Gen. Man., H.
P. Clegg, Dayton. -V. 70, p. 739
,
M
DAYTON & WESTERN TRACTION-Trolleyroad.
Said to have been acquired by City Railway
STOCK
&
BONDS—
Date.
Stock, $400,000 (par $100)
Do
Company of Dayton.
Interest.
A.-O.
Outstanding Maturity.
$400,000
m
P ref
1898.— V. 66,
UprV^bo
p. 708.
DAYTON & XENIA TRACTION-Trolley.
Organization— Incorporated in 1898 and built .a road between Dayton and Xenia; in 1899 purchased the Dayton Spring Valley & Wilmington Transit Co. and was consolidated with it. Stock
authorized, $300,000.
Old Colony Trust
64, p. 82.
trolley road.
Co.,
In Jan., 1900, made a mortgage of $300,000 to
Boston, trustee, to secure 20-year 5 per cent gold
bonds.
ROAD— Dayton
to Xenia, 17 miles; Dayton to Spring Valley, 18
Total track, of which about 15 miles is over private right of
miles.
way.
OFFICERS— President, Clement J. Ferneding; Vice-Pres., Charles A.
Richardson; Treas., Wesley L. Kendall; Sec, H. L. Ferneding.— V. 70,
p. 175.
HOME
AVENUE RAILROAD-A steam
Operates 3
track
Road—
miles of
(lease
road.
Dayton extending to NaCincinnati Hamilton <& Dayton RR.
in city of
Home. Leased to
made perpetual in 1897) for 50 per cent
tional Military
of gross earnings, but
not to be less than 3 per cent on the $100,000 capital stock; par of
shares, $50. No indebtedness. President, W. P. Callahan.
OAKWOOD STREET RAILW A Y-A
trolley road.
ORGANIZATION— Franchise runs for fifty years from July 10, 1991;
first franchise granted March 17, 1871.
Owns 5 miles of double track.
Capital stock authorized, $300,000, par, $50; outstanding, $19,000;
there is no mortgage on the property. Dividends are paid. President.
Charles B. Clegg; Vice-Pres., David B. Corwin; Secretary, H. P. Clegg-
PEOPLE'S STREET RAILWAY.-Owned
American Rys. Co.— See statement
of the latter
DECATUR,
to Middle-
50 years from Feb. 8, 1892, and
April 19, 1893. In January. 1899, reported to have obtained control
of the Dayton <fe Western Traction Co.
STOCK & Bonds—
Date. Interest. Ontstand'q. Maturity
Com. stock, $1,500,000 ($100)
5 p. o. $1,490,600 See text.
Pref. stock,
$600,000 ($100)
6 p. c.
do do
600,000
Dayton & Soldiers' Home)
1891
6 J65,000 Jan.1,'11
RR. 1st mortgage
J Interest at Chemical Nat. Bank.N. Y. City.
DIVIDENDS— In 1897 there had been paid on preferred 6 per cent and
on common 5 per cent for several years. On Jan. 1, 1900, 1^ p. o.
paid on both common and preferred; also Ha in July, 1900.
Road—Controls and operates in all 32 miles of track, namely. Third
Street Line, Fifth Street Line, Green Line, and Dayton and Soldiers'
Home Electric Ry.; gauge, 4 ft. 8»a in; rails, 70 and 90-lb.; operating
for
Date.
Stock, $750,000
1st M. ($750,000), gold,
motor road.
Organization— Operates a rapid
Organization— Franchises run
DAYTONSPRINGFIELD & URBANA ELECTRIC RAILWAY— (See Map on page 3 J.j -A trolley road.
lstM.,$400,000,g.,($l,000J 1898 5g. A.-O.
400,000 Apr. 1,1923
each), not subj. to calL.c* < Int. at Central Trust Co., N. Y., Trustee.
ROAD— Dayton, Ohio, to Eaton, 25 miles, operated from June 26,
Population 1890 was 26,872; in 1880 was 21,831;
and in 1870 was 20.038.
TRI-CITY
50 G. E. double motor, 50 summer motor bodies, 50 closed motor
bodies and 40 trail cars.
OFFICERS— President, D. B. Corwin; Vice-Pres., C. B. Clegg; Sec,
Valentine Winter*-; Supt. and Purch. Agent, T. E. Howell. Office, corner Jefferson and Third Streets, Dayton.
;
Dec 1899, as a consolidation
,
3i
ILL.
1880 was 9.547;
1870 was 7,161, and in 1898 (estimated). 2s.oo0.
Population 1890 was 16,841;
in
by the
under Philadelphia.
in
DECATUR TRACTION AND ELECTRIC
Trolley road.
u
sucOrganization— Organized Oct. 20, 1899, under Illinois law.
cessor to the City Electric Railway (of Decatur); sold at fort closure
September, 1899, and bought iu by the bondholders. The new company authorized bonds as below, which were sold in May, 1900, to
New York parties.
&
Matur'y.
Date. Interest. Ontntar.d't}.
STOCK
BONDS—
Stock, $250,000 (par $100)
$250,000
1st mort., $250,000,
250,000 Jan. 1. 1920
5 J-J
*c. > 1900
($500 each)
s Int. at Union 8av. Bk.&Tr.Co.. Cin., Trust.
Road— 13*8 miles of trolley track.
OFFICERS— President, B. W. Campbell. Cincinnati; Secretary and
Treasurer, W. L. Shellabarger, Decatur
V. 68, p. 129; V. 69, p.
333, 541, 905; V. 70, p. 945.
—
32
STREET RAILWAYS
_l
Ml
-1_
o
J
ifl
<*
rr>
CM
< --
O
en
o
1.'
->?
STREET RAILWAYS.
DENVER, COL.
DETROIT, MICH.
Population 1890 was 205,876;
Population 1890 was 106,713;
and
in
33
in 1880 was 35.629;
1870 was 4.749.
and
DENVER CITY TRAMWAY COMPANY-
On Aug.
in 1880 was 116,340;
1870 WAS 79,577.
in
11, 1899, the Detroit
Common
Council passed ordinances
compel the Detroit Citizens and the Detroit Fort Wayne
&
Belle
Electrio.
fco
Organization-— Consolidation in March, 1899, per plan in V. 67, p.
1262, of the Denver City RR. and the West End Street RR. (both sold
ander foreclosure on Dec. 15, 1898), with the Denver Consolidated
Tramway. V. 68, p. 281, 473. Also owns and operates the former
Colfax Ave. Electric, which was sold at foreclosure in February, 1899.
In July, 1899, the Denver Board ot Supervisors repealed the socalled blanket and perpetual franchise of 1885, as to unoccupied
streets; the question as to the power of repeal is pending in the courts.
On March 21, 1900, the right for 20 years to operate the cable lines
by electricity was granted by the city, and on April 1, the change of
power was made— V. 68, p. 1023; V. 69, p 228.
a quarter, the Detroit Electric being
already required by its charter to sell tickets at this rate good until
eight o'clock at night. V. 68, p. 670, 926, 1023, 1132; V. 69, p. 26, 79,
179,381; V. 69, p. 695. The Detroit Citizens brought rait to prevent
the enforcement of the ordinance and on March 19, 1900, Judge
8wan, in the U. S. Court, rendered a decision denying its validity.
See V. 70, p. 583.
Stock and Bonds
Date.
Interest.
Oulsland'g.
Maturity.
$5,000,000
6 g. J.-J.
498,000 July 1, 1908
Denver Tramway 1st, g. 1888
6 g. J.-J.
Consol. M., gold.. o*4r. 1890
1,219,000 Jan. 1,1910
6 g. J.-J.
953,000 Jan. 1,1911
Met. St. RR. 1st, gold. ..1891
a 1,167,000
DenverCon. Tramway) 1893
5 g. A.-O. al,
167,000 Oct. 1,1933
Con.M.,$4,000,000, g S Interest at Mercantile Trust Co., N. Y., trustee.
6 p. c.
Collateral trust notes... 1896
$276,000 Oct. 1,1900
5 g. A.-O.
Apr. 1, 1919
Purchase money mort. < 1899
1,486,000
gold, $2,000,000
( Int. at Central Trust Co., New York, Trustee.
a Including $417,000 held as collateral for $276,000 trust notes, to
be turned into treasury on payment of latter; no more bonds can be
issued under this mortgage.
The new mortgage is a first lien on the Denver City and West End
properties and a lien on the Denver Consolidated Tramway Junior
to Its existing mortgages, to remain outstanding and be assumed.
Of the new 5s, $514,000 will be retained by the new company for a
new powerhouse of sufficient capacity to operate the combined properties and to properly equip electrically the present Denver City RR.
and generally Improve the respective properties. Abstract of Denver Consolidated Tramway consol. M. of 1893. V. 52, p. 354.
ROAD— Owns about 152 miles of traok, of which electric lines, 148
miles; horse car lines, 4 miles.
Earnings— The combined properties earned $1,238,671 gross year
ending March 2, 1900, and $1,147,151 gross in calendar year 1898.
Jan. 1 to May 31
Gross.
Net.
1900
$487,522
$195,882
1899
463,699
137,953
OFFICERS—President, Rodney Curtis; Vice- President, Wm. N. Byers,
Secretary, Wm. Q. Evans; Treasurer, George E. Ross-Lewin.— V. 67,
p. 1262; V. 68, p. 281, 473, 1023; V. 69, p. 228; V. 70, p. 686.
Stock $5,000,000
MUNICIPAL TRACTION COMPANY.
-Incorporated in 18S9 with a capital of $1,000,000 to build street railroads
In
S.
Denver in opposition to the existing lines recently consolidated.
MoMurray, ex-Mayor of Denver, is President.
T.
DERBY, CONN.
Population 1890 was 5,969; in 1880 was 11,650;
and in 1870 was 8.020.
DERBY STREET R AI I_W A Y-A trolley road.
Organization— Chartered in April, 1888. Population of Derby and
Ansonia together was 16,310 In 1890.
In June, 1900, the United Gas Improvement Co. of Philadelphia was
reported to have secured control.
&
Date. Interest. Chitsland'g. Maturity.
Stock
BONDS—
Stock, $250,000 ($25)
$150,000
1st mortgage, $150,000.
1894
150,000 Apr. 1,1914
Other debt June 30, 1899
66,292
Road— Owns road 5-89 miles in length andO-4mileof switches.
6A-0
ANNUAL REPORT— For year ending June
30, 1899, gross, $58,624;
interest and taxes, $11,014. Dividends, $2,000.
OFFICERS— Pres., H. Holton Wood, Brookline, Mass.; Treas., Chas. E.
Clark, Derby, Conn.; Corporation Clerk, F. W.Wallace, Ansonia, Conn.
net, $25,396
;
DES MOINES, IOWA.
Population 1890 was 50,093; in 1880 was 22,408;
and in 1870 was 12.035.
DES MOINES CITY RAILWAY-A trolley road.
Organization—A consolidation
STOCK & BONDS— Miles. Date.
IS?
Pf.
Interest.
Outstand'q.
6g.A-0
$1,055,000
250,000
575,000
stk,6p.c.,non-cum
D. Mo. St. RR. lstM.,<
gold, $1,000 each... \
23
1889
Maturity.
Oct.
1,
1900
($25,000 due yearly) to Oct. 1, 1919
Jan., 1906
300,000
Des Moines Sub. Rv f 12 1890 6 ?J~J
($20,000 due yearly) to Jan., 1921
1st mortgage, goldJ T *
In
*erest
Chemical National Bank, N.Y. City.
$1 000 each
oM Trustee, at
Iowa Loan & Trust, Des Moines.
I
^ J,
JL" "
D. Mo. City Railways 35 1893 6g.M-N
330,000 May 1,1923
consol. mortg., $2,- 1 Infest at N. W. Harris, N. Y. City; also Chicago.
000.000. g. ($1,000) (Trustee, Illinois Trust & Savings Bank.
Bonds—Ot the consols sufficient are reserved to retire all prior bonds
as they mature; of the rest of the unissued portion the most is reserved
for extensions.
Road.— In 1899 was operating 40 miles of track on 31 miles of
street. Interurban extensions, aggregating 100 miles and to be operated as passenger and freight linos, proposed, but held in abeyanoe on
account of the high price of materials.
Tears ending Dec. 31.
Gross.
Oper.exp.
Net.
~
$299,191
254,820
233,080
$203,297
$95,894
176,210
78,610
154,783
78,297
OFFICERS— President, J. S. Polk; Secretary, A. G. Malsh Treasurer
and General Manager, Geo. B. Hippee; Superintendent, W. G. Owens.
J899
\%™L
189 7
:
CHICAGO DETROIT & TOLEDO RR.
ORGANIZATION— Protected trolley
road. Incorporated April 23, 1898,
a line from Detroit south to Toledo, O., 60 miles. Stock,
$500,000. Among the stockholders are John C. Schaffer, George D. P.
Robinson, T. S. Mordant, D. E. Town, Chicagoi Charles W. O'Brien,
Leopold Freund and Alex. E. Riepelle, of Detroit.
to build
CITIZENS'
TRACTION CO—
and controls the street rail way
and the Detroit
Electric Ry. The three roads are operated under an agreement which
provides that all interest on the outstanding bonds of each constituent company must be paid out of the earnings of the consolidated
properties before any dividends can be declared.
Tbe Detroit Fort
Wayne & Belle Isle is controlled in the same interest.
ORGANIZATION—Organized
in 1897,
lines in the city, viz., the Detroit Citizens' Street By.
STOCK—
Date.
Stock, $7,000,000 ($100)
Rate.
Outstanding.
$7,000,000
DETROIT CITIZENS' STREET RAILWAYMap on page 34.)— A.
Organization— Chartered
(See
trolley road.
1891 and absorbed the Detroit City
Railway (incorporated May 9, 1863), the Grand River Street Railway
and the Hamtramack & Grosse Point railway companies. Also owns
the entire capital stock of the Detroit Suburban Railway and Highland
Park Railway and operates them under lease. Controlled by the
in
Citizens' Traction Co.
STOCK
&
BONDS—
Outstand'g.
Maturity.
$1,250,000
Detroit City Ry. bonds ....
1890 5 J- J
1,000,000 July 1, 1905
Grand River Ry. bond .... 1890 5J-J
150,000 July Jl, 1905
Detroit Citizens'StreeO ....
1891
1,100,000 Oct. 1,1901
M., $3,000,000
$ Trustee, Washington Trust Co., N. Y. City.
lstCon.M., $7,000,000? ....
1895 5g. J-J 4,335,000 July 1, 1905
-c S Trustee, N. Y. Security & Trust Co., N. Y.
($1,000) gold
Guaranteed under terms of lease :—
-N
1892 5
Detroit Suburban Ry, > ....
275,000 Nov. 1, 1902
1st M. $400,000
S Trustee, Union Trust Co., Detroit.
Highland Park Ry....).... 1893 5 J-J
140,000 Jan. 1, 1908
1st M. $250,000
I Trustee, Union Trust Co., Detroit.
Ponds—The consolidated mortgage is for $7,000,000 of gold bonds;.
$2,665,000 are held by N. Y. Security & Trust Co., trustee, to redeem
outstanding bonds of like amount.
The Detroit City Ry. $1,000,000 bonds and the Grand River Ry.
$150,000 bonds fell due Jan. 1, 1900, but have been extended to July
1, 1905, with privilege of calling at par on 60 days' notice.
Road— Operates 105 miles of track.
Latest Earnings— Five mos., ? 1900.. Gross, $588,435; net, $295,337
Jan. 1 to May 31
500,273: net, 230,990
J 189t>.. Gross.
Gross.
Net.
Fears ending Dec. 31:
Charges.
Bal.,sur.
1899
$682,383
$350,000
$1,367,184
$332,383
1898
1,196,487
584,893
350,000
234,893
1897
1,102,249
536,901
350,000
186,901
1896
1,040,545
437,739
350,000
87,739
OFFICERS— President, Tom. L. Johnson; Vice-President and Treasurer,
J. C. Hutchins; Secy., A. E.Peters; Gen. Man., A. B. du Pont.— V. 63, p.
116; V. 64, p. 82; V. 68, p. 670, 926, 1023, 1132; V. 69, p. 26, 79, 179, 384;
8tock
Miles. Date. Interest.
5A-0
M
Y. 70, p. 583.
DETROIT ELECTRIC
RY.-(*^ Map page 34.)
Organization— Successor in August, 1896, to the Detroit Railway, which was incorporated under the laws of Michigan, and
operated under ordinances granted for thirty years from 1895 by the
Common Council of Detroit and the Township Board of 8pringwells.
The Detroit Electric and the Detroit Citizeus' are owned by the Citizens' Traction Co.
Interest. Outstanding.
Maturity.
Date.
STOCK AND BONDS.—
Stock. $1,000,000 (p.$100)
$1,000,000
—
in 1893.
?. •;;
Isle to sell eight tickets for
;
Detroit Railway
1st M.,g.($l,000),red.atf
1912-1924
1895
5g. J-D
1,800,000
103 on Dec. 1, 1898, on < Trustee, Cleveland Trust Co.; interest paid
62miles
o'&r. ( at Seaboard Nat'l Bank, New York Citv.
Det. Elec. Con. M., $2,800,- < 1896
$1,000,000 June, 1916
5g. J-D
000, gold ($l,000).c.*<fer. \ Cleveland Trust Co.. trustee. As to Deo.,
1897, interest, see V. 65, p. 1219.
BONDS— First mortgage bonds of the Detroit Ry. for $1,800,000
have been issued on 62 miles completed and equipped. Bonds numbered 1 to 600 mature in order of numbers at $50,000 per annum,
beginning Dec. 1, 1912, numbers 601 and above mature Deo. 1. 1924.
There is a sinking fund for bonds numbered 1,801 and upward. Consols for $1,800,000 are reserved to retire the first mortgage bonds as
they mature.
Road System consists of two east and west cross-town lines, two
belt lines and route connecting northwesterly central and northeaster*.
portion of the city. Operates 62 miles of track with trolley.
Latest Earnings— Five mos. > 1900... Gross, $223,715; net, $68,921
Jan. 1 to May 31.
172,599; net, 59,816
> 1899... Gross,
Earnings—For year ending Dec. 31, 1899, gross, $462,20S; net,
$160,244. In 1898, gross, $401,179; net, $134,402.
OFFICERS— Pres., J. C. Hutchins; Vice-Pres. and Treas., J. C. Hutchins; Sec, A. E. Peters; Gen. Man., A. B. du Pont- V. 65, p. 1219;
—
V. 68. p. 670; V. 69, p. 384.
34
STREET RAILWAYS.
STREET RAILWAYS.
WAYNE
DETROIT FORT
& BELLE ISLE-
Orqanization— Successor in 1898 to the Fort Wayne & Belle Isle.
Controlled by the same interests as the Citizens' Traction Co.
Interest. Outstanding. Maturity.
Dale.
STOCK & BONDS—
Stock, par$100
$1,200,000
1898
(
1st M.,
A-O
1,200.000 Apr. 1, 1927
Security & Trust Co
Trustee
5g.
$1,200,000. o< Int at N.
g.,
Y
,
(subject to call at
Road— 25 miles of trolley track.
(
Latest Earnings— Five mos.
$105 and
Interest).
1900
$1899
Gross, $92,150; net, $27,722
Gross, 77,687; net, 30,447
Earnings— For the year ending Dee. 31, 1899, gross, $212,007; net,
$ *0,423. In 1898, gross, $184,228; net, $74,439.
Officers— President, J. C. Hutchlns; Sec'y, A. E. Peters. V. 66, p. 856:
V. 68, p. 52 4; V. 69, p. 384; V. 70, p. 583.
Jan.
1 to
May
31.
?
DETROIT LAKE SHORE & MT. CLEMENS
RAILWAY-A trolley road.
McBryan was appointed receiver in May, 1900.
Organization— Chartered in 1897. Road operated from Oct. 1, 1898.
Dale.
Interest. Oulstand'
Maturity.
STOCK & BONDS
William H.
i/
.
Stock, $300,000 (par $100)
$300,000
July 1, 1927
6g-J.-J. fee text.
5 1897
iHtM
*9fionnn
1st
M., $260,000
gec & TrU8t Co N y^ Tru8
I Int at N Y
l8
$3
1898
May 2, 1928
'S-M-N. See text.
(Vl°000*ea 8 °A™bo6 i
Int at N Y 8eo & Tr Co., N. Y., Trustee
annually tfter 1902
(
>
"
"
-
'
*
Of the
have been reserved to take up the 1st 6s.
In Nov., 1899, the Co. reported that no bonds of either issue were
held by the public.
ROAD. Detroit to Mt. Clemens, 17 miles; trackage within Detroit
oity limits over Detroit Citizens' By., 8^ m.; total operated, 25^ m.
Officers— President, Merrill B. Mills; Sec., Thoinas N. FordyceTreasurer, F. T. Ranney.— V. 70, p. 633, 945.
1st con. 5s $260,000
DETROIT & NORTHWESTERN RAILWAY.— Double trolley. Carries kinds of freight, besides exall
Organization— Incorporated March 15, 1899, with 30-year franchises for both passenger and freight traffic. Purchased the Grand
River Electric RR. from Detroit to Sand Hill and Pontiac
Sylvan
Lake Railway from Pontiac to Sylvan Lake, and built road to connect
the two.
&
&
Date.
Interest. Outstanding.
Maturitg
STOCK
BONDS—
Stock, $500,000
$500,000
lstMtfr.,$900,000,gold,) 1899
5g.M-N
900,000 May 1,1919
$1,000 g
*c. 5 Int. at Union Trust Co Detroit, Trustee.
Of the $900,000 1st mtg., $260,000 were issued forthwith to provide
for purchase price of the Grand River Elect. RR. aud Pontiac & Sylvan
Lake Ry., the remaining $640,000 used for new construction.
ROAD— Full operation began from Detroit City Hall to Sand Hill,
Clarenceville, Farmington, Northville, Orchard Lake, Pine Lake, Cass
Lake, Sylvan Lake and Pontiac (38 miles), June 1, 1900. Double track,
Detroit to Farmington Junction, 18 miles; total track, 56 miles. All
.
with 70-lb. Bessemer steel rails and operating 20 motor and 5
trailers, 12 passenger and combination coaches and 10 standard flat
cars. In June, 1900, the Southfleld branch had not yet been begun.
laid
OFFICERS— President, Edw. W. Voigt; Treas., Hoyt Post; Secy.,
James A. Randall. Main office, 717 Hammond Building, Detroit.— V.
69, p. 541, 1193.
DETROIT & PONTIAC RY.-A trolley road.
Organization— Chartered in 1897; successor
mortgage
of
Oakland Ry.
for $500,000 of 5 per cent gold bonds of 1897, due
Feb. 1, 1922, (trustee, Washington Trust Co., New York), allissued.
Has 19 miles of track. Stock, $500,000; all outstanding. Pres., Geo.
Hendrie; Sec. and Treas., Strathearn Hendrie. Office, Hammond
Building, Detroit.
is
DETROIT ROCHESTER ROMEO & LAKE
ORION—Trolley. (See Map on page 36
)
Organization— Incorporated in 1899. All franchises run for 30
years from 1699, and permit a general freight business. Except in
cities and towns, runs almost entirely over private right of way.
Enters Detroit on trackage arrangement with Detroit Citizensthrough Woodward Avenue to City Hall.
STOCK
&
BONDS—
Dale.
Interest.
Outstanding.
Maturity.
Stock, $500,000
$500,000
1900
5g. J.-D.
625,000 Junel, 1920
1st M. sinking fund, $1.250,000 ($1,000), gold. Int. at Am. Trust & Savings Bank, Chicago,
Trustee; also Guar. Trust Co., N. Y.
Bonds—The $625,000 issued represents the 40 miles now in oper
ation, the remaining $625,000 authorized will only be certified by
trustee, and issued as the extensions to Flint and Alniont are constructed. Messrs. C. H. White & Co. of New York have negotiated
the bonds already Issued and agree to take the remainder.
Earnings—Since completion of road on June 15, 1900, the passen
ger receipts have averaged $225 per day.
Road— In June, 1900, road was in operation from Royal Oak to
Romeo, 27 miles, and from Rochester to Oxford, 13 miles; total in
operation 40 miles, all in Michigan. Projected 30 miles from Oxford to
Flint and 10 miles from Romeo to Alrnout. Including Detroit will
servo a population of 400,000. Owns uino 45-ft. passenger oars, with
four more under construction; rails 56 lb. T.
Officers— Pres. and Gen. Man., John Winter; Vice-Pres., Oliver HLau; Treas., Frank C. Andrews; Sec F. J. McMurtie. Gen. office. 29
.
State
Detroit.— V. 69,
St.,
p.
283; V. 70, p. 429.
DETROIT YPSILANTI~& ANN ARBOR RY--
Organization— Organized In 1897 to build a road from Addison
Ave. In Springwells to the Michigan Central Depot in Ann Arbor.
Has trackage over Detroit Eleotrio in Springwells and Detroit Citizens in Detroit. In 1898 absorbed Ann Arbor <fe Ypsilanti El. Ky.
STOCK
Dale. Interest.
BONDS—
Outstanding.
Maturity
Stock, com. ($100,000)
$400,000
1st M. ($600,000), g.($500> 1897 6g.M-N
Nov. 1,1917
600,000
&
or$l,000 each)
C °gn
f.
M
$
($500 & $i 06°0 e ach)
f^an'iy ..'.„...
8
Of the consols, $600,000 are reserved to retire the 1st 6s, $300,000
have been Issued for improvements and $100,000 is reserved for
future improvements.— V. 68, p. 282.
ROAD— Completed from Detroit (through Wayne and Ypsilanti) to
Ann Arbor June 1, 1898. Also has a branch from Ypsilanti to Saline,
10 miles. Total road now operated, 54 miles. Pre-., James D. Hawks;
Sec, F. A. Hinchman. Office, Peninsular Bank Bid?., Detroit.— V. 68,
p. 282
DETROIT PLYMOUTH & NORTHVILLE
RY.— To be a trolley road.
Chartered in 1898 to build au electric
road from Detroit through Wayne (there connecting with the Det. Y.
& Ann Arbor Ry.) and other towns and villages in Wayne County.
Completed Wayne to Northville, 15-75 miles.
Interest. Outitng. Maturity.
Dale.
STOCK AND BONDS—
Stock, $150,000
Jan.
$150,000
1st M., gold, $150,000 ($100 S 1898 6 g. M.-N. 150,000 Mavl. 1918
and $500 each) s f. an'ly.\.c \ Int. at Union Tr. Co., Detroit, Trus.
OFFICERS— Pres., John A. Russell; Treas., J. H. Cullen; Seo. H. P.
Wickham.— V. 67, p. 274.
DETROIT PORT HURON & SHORE LINE
R Y -— A
trolley road
Organization.— Incorporated in 1900. Is a consolidation of the
Rapid Railway Co., the Detroit Mt. Clemens & Marine City Ry. (the
purchaser of the properties of the Mt. Clemens & Lakeside Traction
Co. and the Detroit
River St. Clair Ry), the Port Huron St. Clair &
Marion City Ry. and the City Electric Ry. of Port Huron. The new
company owns the capital stock of each road. The consolidated road
will be known as the Rapid Railway System, and will operate all the
tracks in Mt. Clemens and Port Huron and the through route from De<fc
Port Huron running through Mt. Clemens,
Algonac, Marine City and St. Clair.
troit to
STOCK AND BONDS—
Date.
Interest.
New
Baltimore,
Outslan'l'g. Maturity.
Stock
press and mails.
First
35
$
*
\
Union Trust Co.,Detrolt, trustee.
6g.F-A
Feb. 1, 1924
300,000
Interestat Union Trust Co.,Detroit. trustee.
Interest at
"99
1950
1st mortgage, $2,500,000 (
1900
See text.
5
Union Trust Co., Detroit, Trustee.
($1,000)
5
BONDS— Of the new 1st mortgage, $800,000 is set aside to retire
underlying Hens, $500,000 remains unissued. The residue will be
offered for sale after the road has been completed.
Road— Cars are now running through from Detroit to St. Clair, and
rails are down all the way to Port Huron. Operation to the latter
point was expected by June 15, 1900, giving 60 miles of track.
OFFICERS— President, C. J. Reilly; Treasurer, Charles M. Swift.— V.
70, p. 686.
(1)
THE RAPID RAILWAY.-A trolley road.
In May,
1
900,
was consolidated with the Detroit Port Huron & Shore
ne LiRy. which owns the stock of same.—V. 70,
STOCK & BONDS—
Stock, par$100
1st mortgage, $300,000,
gold ($1,000)
c*
Date.
Interest.
S
1895
i
Int. at
p. 633, 687.
Outstanding.
$250,000f.p
Maturity.
Mar. 1, 1915
300,000
5 g. M-S
Finance Co. of Penna., Phila., Trustee.
See text
Consolidated mortgage, \ 1896
5 M-N
$600,000
\ Int. at Finance Co. of Penna., Phila., Trustee.
The first mortgage covers the entire property and franchises, including lire-proof power and car houses. Of the consol. mortgage
bonds of 1896, $300,000 are reserved to take up the -firsts, and the
balance was being issued for extensions and improvements.
President, Cornelius J. Reilly; Treas., Charles M.Swift.— V. 63, p. 602;
V. 70. p. 633,687.
RAPID RAILROAD—To be a trolley road.
Organization.— Incorporated in 1898 to build the extension of the
Rapid Railway from Mt. Clemens to Port Huron, Mich., 40 miles, via
St. Clair Flats, Algonao, Marine City and St. Clair. Stock, $1,000,000.
(3) CITY ELECTRIC RAILWAY (OF PORT HURON).-Stock is
owned by Detroit Port fluron & Shore Line Railway.
STOCK & BONDS— Miles. Date. Interest. Outstand'g. Maturity.
(2)
Stock $100,000 ($100)
$100,000
- S
155,000 Mar. 1,1913
latmort $2onoon( 10 ^ 1893 6 g.
Subject to call at 105 after Mar. 1, 1903
J^,? 3>i,ouo
*i onn
<
gom,
^ Int at Hanover National Bank, N. Y. City.
Bonds—The mortgage trustee is the Union Trust Company of Detroit.
In January, 1900, $45,000 of the bonds were still reserved for additions
and extensions at not exceeding 60 per cent of actual cost.
M
'
,
DETROIT UTICA & ROMEO ELECTRIC.
See V. 70, p. 686.
WYANDOTTE
& DETROIT RIVER RY-
Road, Securities, Etc.—Trolley, 10*3 miles of track. Report
that road has been purchased by the Citizens' Ry. is not correctStock authorized, $250,000; issued $200,000. In Dec, 1S9S, made a
mortgage to the Union Trust Co. of Detroit to secure $425,000 20-year
bonds, dated Deo. 1, 1898, of which sufficient are reserved to retire
the outstanding $200,000 bonds, maturing 1903; balance for improvements. For iyear ending Dec. 31, 1895, gross, $35,407 net. $12,725.
Officers— President, J. C. Hutcbius.
;
DOVER, DEL.
1830 wab
DELAWARE GENERAL ELECTRIC
Population 1890 was
3.061; in
2,811.
RY--
A trolley road.
Organization— In August, 1 Q 99, was incorporated under laws of
Delaware, with $900,000 capital stock (of $50 each), to build an electric railway from Milford, Del., via Dover, to Woodland Beach and
Smyra, with a branch to Bombay Hook on Delaware Bay (which is
used as an excursion resort), a total distance of about 45 miles. Will
carry both passengers and freight. Construction is well under way
commencing at Dover, and road expected to be completed the prestnt
summer.
OFFICERS— President, Leo Belmont; Secretary, William Graham;
Treasurer, Morris Bernheimer,
all of
Philadelphia.— V. 70.
p.
331.
36
STREET RAILWAYS.
STREET RAILWAYS.
DOVER,
N. H.
UNION ELECTRIC RY.-A trolley road.
of
Union
St. Ry., foreclosed.
Outstanding.
Maturity.
$100,000
gtock,$100,000(par$100)
Feb. 15, 1917
100,000
5 g.
1st M., $100,000, gold.... 1897
ROAD— Owns road 8 miles long, parallelling a steam road and con
meting Dover with Somersworth. For year ending June 30, 1899, gross
earnings, $36,493; net, $11,793. President, Sumner Wallace, Rochester, N. Y.; Treasurer, J. P. Springfield. -V. 62, p. 1140.
DOYLESTOWN,
Population 1890 was 2,519 and
DOYLESTOWN
&
CO.— A trolley road.
Organization— Organized
Co..
in
1898-9... .Gross, $215,856; net, $102,193
98,421
Gross, 201,840; net,
91,876
Gross, 202,031; net,
(1895-6
Gross, 219,927; net, 120,865
OFFICERS— President, L. Mendenhall; Secretary and Treasurer, T. W.
Hoopes; Gen. Manager and Purchasing Agent, H.Warren. V.66,p."3;
V. 70, p. 1249.
f
EARNINGS— 12 months, j 1897-8
11896-7
July 1 to June 30.
Population 1890 was 12,790; in 1880 was 11,687;
and in 1870 vvas 9,294.
ORGANIZATION— Reorganization in 1897
Dale.
Interest.
STOCK & BONDS—
PA.
1880 2 070.
WILLOW GROVE
as successor to the
RY.
WOODLAND CO. -A
operated " under sufferance" by the Duluth Street Ry.
STOCK—The stock authorized is $10,000 common ($10 par); Issued
$5,500; $5,000 5 p.c. Class A pref. ($10 par); issued $1,794 50; $25,000
3 p. c. Class B pref. ($10 pan; is.-ued $23,204. RoAD-Owned 596
miles of track.
OFFICERS— President, T. W. Hoopes; Treasurer, R. M. Hunter; Secretary, James Bardon.
EAST LIVERPOOL, OHIO.
Bucks County Ry.
Date.
Interest.
OuMand'g. Maturity.
STOCK AND BONDS—
Stock. $500,000 ($50)
(?)
1st mortg., K. $500,000 I
1900
5 g.
1930
(?)
Land Title <fe Tru-t Co., Phila., Trusteee.
$1,000, gold
I
ROAD— Owns and operates 12 miles of road from Doylestown to Willow Grove, running over the ol t turnpike between those places, which
is leased for 999 years.
OFFICERS— President. C. P. Weaver; Secretary, Percy S. Bickmore,
botli of Philadelphia.— V. 69. p. 1061; V. 70, p. 229, 1149.
DUBUQUE, IOWA.
and
in 1870
HOME ELECTRICSeptember,
was
in
Population 1890 was 10,956; 1880 was 5,568;
and in 1870 was 2.105.
EAST LIVERPOOL RAILW AY. -A trolley
Organization.— A reorganization
<,
1880 was 22,254;
18,434.
EAST
Population
OFFICERS— Prefident, D. D. Myers; Vice-Pres., John Ellwanger.
Secy, and Treas., Geo. W. Kiesel; Manager, W. J. Brown, all Dubuque!
ROAD— Operates lO ^ miles of track in the citv of Dubuque, Iowa,
extending to West Dubuque and to Stewart Park.— V. 68, p. £4, 1180;
1
V. 69, p. 591.
and
EAST
— Has
ST.
ST. LOUIS, ILL.
in 1890
was
in
15,169; in 1880 was 9,185;
1870 was 5,644.
LOUIS ELECTRIC STREET RR-
been operated since March 1. 1897, by the Terminal RR. Association of St. Louis, which purchased the entire capital stock for
$210,000.
DUBUQUE STREET RAILWAY-A
trolley road.
Organization— Incorporated April 25, 1890. Iu July, 1899, sold to
Messrs. Linehan & Molo, of 472 Main St., Dubuque, Ta. Messrs. Line-
nan & Molo inform us that they have purchased all the stock and
bonds of the Dubuque St. Ry., and are also owners of the Star Electric
Co., which has a 9 year contract for supplying the city with electric
lights. The two companies are incorporated with a capital stock of
$475,000. In 1899 net earnings of the two companies were $44,446.
ROAD— Owns 15 miles of track on 9 miles of street.
OFFICERS— President, Bart. E. Linehan,
Population 1890 was 33,115;
and in 1870 was
in 1880
3.131.
Organization— Organized under act
3,483;
BONDS—
trolley road.
of
Capital stock
1st consol. mortgage
1890 6 J-J
1890 5 J-J
1894 5 g J-J
do
Outstand'g.
Maturity
$2,000,000
100,000 Jan.
900,000 Jan.
1,039,000 July
1,
1920
do
1, 1920
Consol. mortgage, gold
)
1, 1924
$2,500,000 ($1,000).. .. c* S Jan., 1898, int. in default.
Receiver— In July, 1898, President L. Mondenhall was appointed
receiver.
Coupons due July, 1898, on the 1st 5s and 6s were paid Oct. 1,1898;
those due Jan., 1899, on May 1, 1899; those due July, 1899, on Oct.
17, 1899, and those due Jan. 1, 1900, on April 19, 1900, interest being
paid on the coupons from the time when due to date of payment.
Reorganization.— In June, 1900, a plan of reorganization was
agreed upon involving the formation of a new company, the Duluth
Superior Traction Co., which will take over the Duluth Street Railway and the Superior Rapid Transit Ry. of West Superior. Old first
mortgage bonds arc to receive new firsts and the consols 110 per oeut
in new preferred stook and 90 per cent in common. The whele $1
039,000 of consols has been deposited with Brown Bros, under this
agreement. Capitalization of new company will be:
Preferred stock, 4 per cent cum
$1,500,000
Common stock
3,500,000
First mortgage 30-year 5 percent bouds
2. 500,000
The new bonds will retire all underlying liens and receiver's certificates; $500,000 will be reserved for improvements. See Chronicle
Vol 70, p. 1249.
Road— System.—The system embraces 28 84 miles of single track
surface aud 1^ miles elevated incline road; whole road is doubletracked; also operates 13 4 miles (see below) for land companies. See
Duluth-Superior Bridge items, V. 63, p. 310, 504. Operated for land
companies: Lakeside St. Ry., 744 miles of track, and Woodland Co.,
5-96 miles of track.
Latest Earnings— ? 1900.
Gross, $195,419; net,$93,745
10 months to Anr. 30.
899
Gross, 163,113; net, 77,472
•
-
-
n
St.
Louis, Mo.
EASTON, PA.
Population 1890 was 14,481;
and in 1870 was
63, p. 310, 504.
Date. Interest.
Organization— Incorporated in Illinois in March, 1900, to build as
ad from East Louis, by way of Collinsville, to Edwardsville, 111.
Has acquired the franchise of the Mississippi Valley Railway. Work
President, C. F. Blanke; Sec. and Treaa'r, J. F. Conrad'
is under way.
r.
Minnesota approved Nov. 17,
1881, and possesses " an exclusive franchise," doing the entire street
railway traffic of the city. The Duluth Superior Bridge at West Superior is used by the railway, but is a separate corporation, and has
issued first mortgage bonds for $650,000 and second mortgage bonds
$300,000— see bridge items. V.
VALLEY TRANSIT CO. -To be a
trolley road.
was
DULUTH STREET RAILWAY-A
&
Date. Interest. Outstanding.
Maturity.
BONDS
STOCK
Stock paid in in 1894
$336,000
Aug. 1, 1908
Con.(nowlst)$500,000,g 1893 6 g. F-A
290,000
Interest is payable at Mississippi Valley Trust Co., trustee, St. Louis.
Road— Operates 18 miles of track.
Earnings— For calendar year 1899, gross, $155,745; net, $56,925,
In 1898 gross, $118,652;
int., div., etc., $41,225; surplus, $15,700.
net, $46,197; Int., div., etc., $39,026; sur., $7,171.
OFFICERS— President, Julius S. Walsh: Vice-President, E. P. Bryan;
Secretary, C. D. Walsh; Treasurer, F. C. Daab. Directors, Julius S.
Walsh, E. P. Bryan, C. K. D. Walsh. H. D. Sexton, F. C. Daab, James
Hanna and C. T. Jones. V. 69, p. 179.
MISSISSIPPI
DULUTH, MINN.
&
in
Stock, $300,000
$300000
1st M., (.'.,$150,000 ($500 ea.M
5*.'. J-D
150.000
1917
Not subject to call.
( Int. at Boston Safe Dep.&Tr. Co., Trustee.
5g. Sept. $150,000
1917
2d (income) M., $150,000...
($500 each.)
\ Int.at Boston Safe Dep.-fcTr. Co., Trustee.
Road— Operates 9 J4 miles of track. In Nov., 1899, was granted a
franchise to extend its lines to Rlverview Cemetery. Work under
way. President, John B. Hoefgen.— V. 64, p. 287.
erty.
STOCK
road.
May, 1897, of the East Liverpool & Wellsville Street RR., sold by sheriff. In 1898 population of
East Liverpool was said to be 14,000 and of Wellsville 7,000.
Maturity.
Date Interest. OuUtand'g.
Stock & BONDS- —
1899, was organized as successor by
Organization— In
purchase at foreclosure of the Dubuque Light & Traction Co. Capita),
$100,000 (par $100) all issued. No bonds or mortgages on the prop-
for
trolley road.
Organization—This company is successor to the Motor Line Improvement Co., havirg purchased same at foreclosure. The road is
purchased at foreclosure sale on March 14, 1900, for $50,000.
Population 1890 was 30,311;
37
in
1880 was 11,924;
10,988.
EASTON CONSOLIDATED ELECTRIC.
Consolidation iu 1899 of the Easton Transit Co., the Edison Illumin*
atinfrCo. of Easton and the Easton Palmer & Bethlehem. Incorporated
n New Jersey March 11, 1899.
Stock
Bonds Both the stock and the collateral trust 5s were in
Jan., 1900, listed on the Philadelphia Stock Exchange.
Date.
Interest. Outstanding.
Maturitu.
&
—
Stock, $1,500,000; par, $50
20°6 paid
M
in.
3
|
^\ g^o
Collateral trust, g. o.* 1,- S 1899 5 g.
& N 872,000 May i, 1949*
300,000 ($1,000, $500) t Int. at Girard Trust Co. (Phil.), trustee.
The collateral trust bonds have no sinking fund, and are not subject
to call. Of the total Issue of $1,300,000, $420,000 is reserved to take
(
.
up the $300,900 Easton Transit bonds, $60,000 Penn. Motor bonds,
and $60,000 Easton & Beth. Transit bonds. Issue is secured by a
pledge of $298,350 (out of $300,000) stock of the Easton Transit Co.,
12,206 shares (out of 12,322 shares) of Edison Illuminating stock,
1,902 shares (out of 2,400 shares) of Pennsylvania Motor stock, 4,000
shares (half common and half preferred, being the entire issue of
each) of the Easton Palmer & Bethlehem Street Ry., and 2,400 shares
(out of 2,500 shares) of Easton & Bethlehem Transit stock.
Road— Including the Easton Transit and Easton Palmer & Bethlehem, operates about 30^ miles of track, being the entire street-railway system of Easton, South Easton and Philipsburg, with the line
from Easton to Bethlehem. The two roads have 66 cars.
DIVIDENDS— First dividend has been declared, namely, 3>a per cent
semi-annual, payable July 23, 1900.
Latest Earnings.— For eleven months, July l to May 31. 1900,
gross was $251,687; net, $107,953.
OFFICERS— President, William Hinckle Smith, Philadelphia; Secretary, E. B. Maltby; Treasurer, A. D. Chidsey; Gen'l Mgr.. C. E. Flynn.
V. 68, p. 524,
670 976; V. 70,
p. 76,
175, 1249.
STREET RAILAYS.
38
(1)
EASTON TRANSIT—A trolley road.
Organization— Chartered June 30, 1892. Franchise Is perpetual
and gives exclusive rights to operate street railway in city. The Pennsylvania Motor Co. and Easton & Bethlehem Transit are leased for
$3,600 each yearly, being interest on their bonds.
The Easton Consolidated Electric owns 5,967 out of the 6,000 shares
of stock.
&
STOCK
BONDS—
8tock, par,$50
,. tmnrt H-tnnnnn
(
JTmVtSvirl
l1
Ontsland'g. Last Div.,<£c
See text.
$300,000
1922
300,000
5 A-O
at 103 in 1897 and redeem, after
Date. Interest.
Miles.
^
!892
to call
J
g.,$->00&$o00.c&r^ Subject
Qct lj 19Q2>
Interest payable at Easton Trust Co.. Trustee.
&
STOCK
BONDS—
Date. Interest.
Mites.
Outstand'g.
Leased Lines—
Last Div., <£c
1941
1,
$60,000
3 1881
6 A-O
Motor Co. 1st M ) Lacka.
Tr. & Sate Dep. Co. (Scranton), trustee
$
1924
Aug.
60,0(0
1,
Easton & Bethlehem <
41 1894 6
Transit Co. Konds \ E. P. Wilbur Tr. Co., trustee; red. aft. Aug 1,'04
Dividends— For 1895-96, 3 p. c; for 1896-97, 3 p. c; for 1897-98 and
Apr.
Pa.
1898-99, nil.
For year ending June 30, 1899, gross, $140,121; net, $58,402; taxes,
$5,956; interest. $19,184; rentals, etc., $12,093.— V. 68, p. 524, 670.
(2)
EASTON PALMER & BETHLEHEM ELECTRIC
RY.
The Easton CoDsolidated Electric owns all the stock. Stock, $100,000 common and $100,000 6 per cent preferred; all outstanding; par
of each, $50.
Bonds, $200,000 1st 20-year gold 5s, all outstanding,
due Dec. 31, 1918, int. J&J, at United States Mortgage & Trust Co.,
New York, trustee.
Earnings— For fiscal year ending Oct. 31, 1899,
The annual interest charge is $10,000.
gross, $55,442; net,
Total milt-age of road, 13-949 miles; of track, 17-216 miles. Also owns
Rorick Glen Park.
Earnings— The earnings of the Improvement Co., as shown below, it
is thought will be increased.
Tear.
Bat. for int.
Gross.
Net.
Taxes.
1899
1898
1897
103,555
119,036
15,481
115,382
100,811
14,571
OFFICERS— President, Chas. E. Hotchkiss; Vice-President, Ross M.
Lovell; Secretary and Treasurer, John M. Diven; General Manager,
Chas. F. Uebelacker. Directors Cluis. E Hotchkiss, R M. Lovell, C.
F. Uebelacker, Chas. H. Swarlwood and E Wat-on Personius. V. 67t
p. 1109, 1207; V. 69, p 1303; V. 70, p. 1052, 1095.
282,037
275,338
—
(1)
WEST WATER STREET
Elmira Water, Light
&
RY.-
;
Earnings— For year ending Oct. 31, 1899, gross, $36,450; net,
$14,049.
President, A. E. Appleyard, Boston, Mass.; Supt., J. R. Harrigan,
Claire.
ELGIN, ILL.
and
in
in 1880 was 8,787
1870 5,441.
;
ELGIN CITY CARPENTERSVILLE & AU-
RORA RAILWAY.-A
Elgin
Population
llght plant.
trolley road. Also owns an electrio(school census) 1896 was 22,000.
consolidation in 1897.
Miles. Date. Interest. Outstand'g. Div., etc.
of
Organization, Etc.—a
Stock
&
Bonds—
Stock ($500,000 author'd)
B.igin uity
Eleln
Citv ±ty.
Rv 1st mort..
Mort
O.E.& A. 1st mortgage....
$
f
13
1897 5
lnterest at
F ~A
$500,000
200,000
Farme rs' L.&
6%in'99
1907
T. Co., N. Y. Citv.
18
1896
5
100,000 Jan.1,'07
Dividends— Old companies each in 1895 paid 6 p. c; in 1896, 6 p. o.
New company in 1897, 1898 and 1899, 6 p. c.
ROAD— Owns 12 miles of track in Eifein (40 and 45-lb. T and girder
rails), and 18 miles to Dundee, Coleman, Geneva, etc. (60 and 65 lb. T
rails); total track, 30 miles.
OFFICERS.— President, Wm. Grote; Vice-Pres't and Gen'l Manager,
J.B. Lane Secretary, A. B. Church; Treasurer, E. D. Waldron.
,
;
ELIZABETH,
ELIZABETH STREET RAILWAY-A trolley road.
ORGANIZATION— Formerly a horse road, but in 1899 converted into a
Stock Jan. 1, 1900, $50,000; unfunded debt, $55,654
road and equipment, $105,654. Owns 3^ miles of track.
In year 1899 gross earnings, $3,634; expenses, $7,736; balance, deficit
trolley line.
total cost of
Treasurer,
Edward
ELMIRA,
C.
Woodruff.— V. 67,
SIDE RAILROAD.-A
Date.
trolley road.
Interest. Outstand'g.
Maturity.
p. 370.
N. Y.
13,390
17,356
Charges
11,557
16,878
ERIE, PA.
Population 1890 was 40,634; IN 1880 was 27,737;
and IN 1870 was 19.646.
ERIE ELECTRIC MOTOR CO-
ORQANIZATION -Chartered October 8, 1888. This company leases for
999 years the Erie City Passenger Railway at 6 per cent on its stock,
having secured a controlling interest in its stock. Population in 1895
was said to be 52,000. Bills payable, etc., June 30, 1899, $164,761.
—
Miles. Dale. Interest. Outst'ding. Maturity.
STOCK & BONDS
Stock ($700,000) ($100)
$700,000f.p
lstmort'ge ($200,000) > .... 1889 6g. J - J 200,000
Jan. 1, 1919
c. 5 Interest at Cent. Trust Co., trustee, N. Y. City.
($1,000), gold
....
1889 6g. J
Jan. 1, 1919
2d mort'ge ($150,000) /
J $150,000
c. S Interest at Cent. Trust Co., trustee, N. Y. City.
($1,000), gold
Erie City Pass'gr Ry.—
6 p. c. $100,000
Stock (rental 6 p. o.)
6 A-O
25,000
Oct. 1, 1913
1st mortgage
Bonds—The bonds are not subject to call before maturity.
ROAD—On Jan. 1, 1900, was operating 21 miles of track on 18 miles
of street, and holds perpetual trackage rights in all the city streets.
ANNUAL REPORT—For year ending June 30,1899, gross, $151,667;
net, $35,423; interest and taxes, $37,951. In year 1897-8, gross,
$141,947; net, $36,339.
OFFICERS— President, J. S. Casement, Painesville, O; Secretary and
Treasurer, J. L. Sternberg, Erie. Office, 202 State St., Erie.
ERIE RAPID TRANSIT STREET
RY.-Tobea
Incorporated in June, 1898, to build 20 miles of electric
road In Erie. Stock, $300,000. In Jan., 1899, all franchises and rights,
of way were reported to have been obtained, but in Jan., 1900, no road
built. President, E. T. Walker, Phila.; Secretary, G. D. Howell, Phila.;
Treas., Isaac Walker, Phila.; General Manager, L. G. Chase, Erie.
trolley road.
ESCANABA, MICH.
POPULATION IN 1900 (ESTIMATED) 8,200; IN 1890 WAS 6,808;
1880 was 3,860; AND IN 1870 was 1,370.
IN
ESCANABA ELECTRIC RY-
ORGANIZATION, Etc.—A reorganization in 1898 of the Eso. Eleo. St.
Ry. Owns 7*2 miles of track. In 1899 extended to a connection with
the "Soo" road. Stock, $50,000; all paid in. No bonds. Four months
ending Dec. 31, 1898, gross, $2,029; net, $162. President and Man.,
A. R. Moore; Vice-Pres., O. B. Fuller; Sec. and Treas., I. C. Jennings.
ELMIRA WATER, LIGHT & RAILROAD
EVANSVILLE,
COMPANY.
Organization—The Elmira Water, Light & Railroad Co. was incorporated in May, 1900, to take over, per plan in V. 67, p. 1109, all the
companies constituting The Elmira Municipal Improvement Co. The
new company owns entire capital stock ($380,000) and property of
the Elmira <fe Horseheads Ry., all capital stock ($20,000) and property
of the Maple Ave. RR. and $17,625 of the $25,000 capital stock of the
West Water St. RR. The company also owns the former property of
the Elmira Gas & Illuminating Co. and the Elmira Illuminating Co.,
and has merged the Elmira Water Works Co. At the foreclosure sale
on May 25, 1900, the properties were bid in for the Reorganization
Committee.
securities to be outstanding under reorganization.
Date.
Interest.
Amount.
Maturity.
Stock
$1,000,000
Elmira Wat. Works 1 st
6
339,000
1913
New 1st M., $2,000,000 < 1899 5g. J.-J.
1,661,000 Jan. 1, 1949
gold
Subject
call
105
to
at
and interest.
(
2dM.income4%
1899
1,200,000 Called at 100
Net
H. Hallock.
Population 1890 was 29,708; in 1880 was 20,541;
and in 1870 was 15.863.
M
o.
.
N. J.
Population 1890 was 37,764; in 1880 was 28,229;
and in 1870 was 20.832.
for year, $4,102.
<
OFFICERS— Pres't, C. M. Tompkins; Sec, P. V. Bryan; Treas.,H.
;
Population 1890 was 17,823
Railroad
BONDS—
—
Outstanding.
Last Div.
Date. Interest.
STOCK
BONDS
Stock, $200,000; par $100
Jan.15,'99, 3
6 J-J
$200,000
First M., $200,000 gold ) 1898 6 g. A-O
200.000
Oct. 1, 1918
($1,000 each)not sub.call $ Int. at Mass. L. & Tr. Co.. Boston, Trustee.
Road— Owns trolley road Eau Claire to Chippewa Falls, Wis., 12
miles; Eau Claire, 8 miles Chippewa Falls, 2 miles; total, 22 miles.
Owns 14 miles right of way exclusive 30 years franchise at Chippewa Falls and 30-year franchise at Eau Claire. Road opened Sept. 2,
1898.
Eau
&
8toek, $300,000 ($100)
$105,000
1st mortgage, g., $300,000.
1894 5g.A-0
300,000 Oct. 1, 1914
8-5
1898-9 18978.
miles of single track
Earnings—
ROAD
1-25
Gross
and
mile sidings, etc.
$51,706 $51,364
Population 1890 was 17,415; in 1880 was 10,119;
and in 1870 was 2.293.
CHIPPEWA VALLEY ELECTRIC
&
STOCK
CLAIRE, WIS.
RR. CO.-Trolley.
Capital stock (par $25) is $25,000, of which 705 shares, or $17,625,
is owned by the Elmira Water, Light & Railroad Co.
No bonded debt.
Was leased to Maple Avenue RR. Co., but lease was assigned to
WEST
$24,191.
EAU
Of the new 1st 5s, $339,000 are reserved to retire atmaturity the first
mortgage bonds of the Elmira Water Works Co., due 1913.
The consol. 5s of the Elmira Municipal Improvement Co. are to
receive per $1,000 principal of old bonds, $500 in new first 5s, $500
in incomes and $100 in new stock. Funded and unpaid coupons
are to receive 100 per cent in second mortgage incomes. The $1,000.000 old stock was assessed 10 per cent and is to receive 10 per
cent in new first 5s and 50 per cent in new s tock.
Road— Includes old Maple Ave., 1*85 miles, and Elmira & Horseheads Ry.,9-05 miles, both owned: West Water St., 3-049 miles, leased.
IND.
Population 1890 was 50,756; in 1880 was 29,280;
and IN 1870 was 21,830.
EVANSVILLE STREET RR.-A trolley road
Organization— Chartered in May, 1866. On Apr. 14, 1899, H. D.
Moran was appointed receiver. V. 68, p. 722. A reorganization plan
has been agreed upon and declared operative, $881,000 of the bonds
having up to June, 1900, assented to it. Interest will be reduced from
6 per cent to 4 per cent, and new bonds given dollar for dollar. The
new mortgage will be for $1,200,000. The Reorganization Committee
consists of Geo. A. W. Dodge (Chairman), New Haven, Ct.; Henry D.
Lyman, New York, and John Eliot Bowles, Secretary, 15 Broad St.,
New York.
STOCK
Stook
&
BONDS—
Miles.
Date. Interest.
Outstand'g.
Maturity.
$500,000
1,000,000 Jan. 1, 1922
1892 6g.J-J
Last coupon paid Jan., 1899.
ROAD— Owns 27*2 miles of trolley track. Rails 56 and 60 lbs. Westinghouse system.
1st M., $1,000,000,
gold
<
\
27^2
STREET RAILWAYS.
EXETER, N. H.
1880 was
Population 1890 was 4.284;
& AMESBURY ST
EXETER HAMPTON
consolidation
the Exeter Street BR.,
3,560.
in
RY.— Trolley.
the
This
is
a
Hampton & Amesbury and
of
the Rockingham Electric.
Com-
prises about 23 miles, extending from Exeter to Hampton Beach and
to Amesbury. Road opened its entire length July 4, 1899.
Outsl'ding.
Maturity.
Dale..
IntereM
Bonds—
Stock
Q-F.
$225,000
Stock ($225,000) ($100)
225,000 June 1, 1919
5 J.-D.
1st Mort. $225,000
JJ899
Tr. Co., Boston, Trustee
\ Int. Am. Loan
($1,000)
&
&
Dividends— 1H p. o. Nov. 1, 1899; 2-sp. c. April i5, 1900.
Officers— President, Warren Brown. Hampton Falls; Seo'y, John
Templetou, Exeter; Treas.. Edwin L. Pride. Boston.— V. 68, p. 379, 1075.
FAIRHAVEN, WASH.
& IMPROVEMENT CO.NORTHERN RY.1898,
Northern Ry. & Improvement
the
ORQANIZATION— In April,
Co. became the owner of the Fairhaven & New Whatcom Railway,
which was sold at auction in April, 1897. Stock, $200,000. Bonds, authorized, $200,000; issued, $80,000. Old Colony Trust Co., Boston,
Trustee. Operates 18 ^ miles of trolley track, including 3 miles leased
President, S. Z.
from the Bellingham Bay Electric Railway Co.
Mitchell; Sec. and Treas., C. N. Huggins— V. 66, p. 810.
39
In Jan., 1900, petitioned the State Railroad Commissioners for
permission to issue $44,000 additional stock and $94,000 20-year 5%
bonds, with which to retire the old 5s, and balance for acquiring
land for pleasure resort and to refund the floating debt.
Earnings for year ending Sept. 30, '99, gross, $22,596; net, $6,386;
interest and taxes, $5,145; balance, surplus, $1,242.
OFFICERS— President, H. L. Pierce; Treasurer, H. G. Lowe; Clerk,
Charles T. Foster; Superintendent, H. C. Garfield; all of Leominster.
FOND DU
LAC, WIS.
FOND DU LAC STREET RY.& LIGHT.
1890 was 12.024: in 1880 was 13.094.
-Trolley
Organization— Controls lines in city and county of Fond du Lac.
Also operates a lighting plant in connection with street railway.
Population
in
Stock. $100,000, all issued.
In Jan., 1900, completed its extension to North Fond du Lac, where
new car shops are situated.
Road— Length of road 5-47 miles.
Officers— President, H. F. Whitcomb; Vice-President and Gen
Man., T. F. Giover, Secretary and Treasurer, Wm. E. Cole.
FORT SMITH, ARK.
Population 1890 was 11,311;
and
FINDLAY, OHIO.
FT.
"FINDLAY STREET RY--A trolley railway.
Organization— Chartered in September, 1887. Rates of fare 5
cents within oity limits; additional 5 cents charged beyond city limHas no paving to do, but must keep portion between
its to Mortimer.
rails in repair so long as horses are used. On June 22. 1899, received
from the city of Findlay and Hancock County Commissioners a franchise for 25 years from that date, conditioned on the extension of
the line 2 ki miles to Mortimer, which will be completed by July 15,
1900. In Jan 1900, purchased the Hancock Light & Power Co. for
$40,000, and consolidated with same.
Date.
Interest. Outstanding.
Maturity,
Bonds—
STOCK
Stock, $275,000 (par, $25)
$275,000 f. p. Apr., '00,%%
1st mort,, $150,000, gold. ) 1895 5 g. M-N 116,000
May, 1911
$1,000, not subj. to call. 5 Int. at Cent. Tr. & S. Dep. Co., Cincinnati, O.
5 g J-D $125,000
Dec. 1, 1924
( 1899
1st con.M., $275,0C0,gold < Central Tr. & 8afe Dep. Co.. Cincin.. Trus.
( Interest at Atlantic Trust Co., New York.
BONDS— Of |the [new 1st con. mtge. for *275,000, $150,000 is reserved to retire bonds of like amount due May, 1911.
DIVIDENDS— First quarterly dividend of % p. c. paid April 10, 1900.
Earnings— For year 1899 (before consolidating with light company)
net was $12,350; in 1898 net was $12,1^7.
ROAD— Main line 4^ miles double track, operated by electricity. The
line is to be extended to Mortimer, 2% miles, with turnouts.
OFFICERS— President, Geo. B. Kerper, Dayton, Vice-President and
Treas.. C. D. Kinney, of York, Me.; Sec, J. A. Bope. Findlay; (General
Manager and Purchasing Agent, C. F. Smith, of Findlay.—V. 70, p. 686.
,
N. Y.
CITIZENS STREET RAILWAY.-A trolley road.
Stock, $75,000, par $100.. $75,000
1st mortgage 6s, A&O
75,000
(Due 1912, optional after 1897.)
Leased Line
—
Fishkill Elec. IstM., 6s.
of 1895, due 1915, J&J $40,000
Fishkill stock ($50,000> to receive same dividends as Citizens.
21,
1890.
Opened
to
in
street)
and transform
it
into an electric system to be operated in conUp to Nov., 1899, 6 miles had
Junction with an electric light plant.
been converted.
STOCK
&
BONDS—
Date.
Stock
1&98
Charges
1899.
1898.
$34,425
13.214
9,966
none.
$33,934
10,266
8,269
Dividends
none
3 miles of single Balance
sur.3,248 sur. 1,997
and -25 miles of second track.
0"!CEos— Pres., J. T. Smith, Fishkill-on-Hudson; Sec, S. K. Phillips
Matt«awan; Treas., W. H. Southard, Matteawan.
Road— Owns
Outstanding.
Rate.
,
Maturity.
$125,500
6
85,500
May be redeemed 1919.
„„. ($200,000)
D
/<conn nnn
J
Bonds
^
Officers— President, Samuel McLoud; Vice-President,
1929
Clias.
H.
Smith; Treasurer, J. E. Foster; Secretary, A. N. Sicard.
mmt
(
FORT WAYNE,
IND.
Population 1890 was 35,393 in 1880 was 26,880
and in 1870 was 17,718.
;
FT.
WAYNE TRACTION-
Orqanization— Organized
in October, 1899, as successor by purConsolidated, which included the old Fort
Wayne Electric Ry., the Citizens' Street Ry., the Fort Wayne Street
Ry. and the C. L. Centlivre Street Ry. In 1898 population of Fort
Wayne was said to be 50,000.
chase of the Ft.
STOCK
&
Wayne
BONDS—
Maturity.
$1,000,000
1,000,000
1899 4g.A-0
1,250,000
Int. at Guard. Trust Co., Cleveland, Trui.
Date.
Outstand'g.
Int.
Stock ($1,000,000) com. ($100)
" $1,000,000 pref. ($100)
Mortgage ($l,500,0i
Gold ($1,000) c*
0)....
J
I
Road— Operates 31
miles of trolley track.
President, H. P. Eells; Vice-President, E. H. Bourne; Sec. and Treas.,
H. P. Mcintosh; all of Cleveland, Ohio; Mangr A. L. Scott, Ft. Wayne.
V. 61. p. 966, 1107; V. 63, p. 458; V. 67, p. 125; V. 69, p. 180, 695,
,
955,1061.
FORT WORTH, TEX.
1880 was
traffic
Also operates Fishkill Electrio
Ry., 4 miles; Total, 7^ miles.
Earnings— Year ending June 30.
Net
3,099;
November, 1898, by Alfred N.
Population 1890 was 23,076 and
Gross
was
—
1890 was 3,617; in 1880 was 2,503;
and in 1870 was 2.992.
in
Organization— Incorporated July
August 27, 1892.
in 1880
2,227.
Sicard, Ella E. Sicard, Richard C. Kerens, Charles H. Smith, J. E. Foster, Joseph M. Hill, Samuel McLoud and James Brizzolara, to take
over the Fort Smith Street Ry. (8-44 miles of track on 7^ miles of
&
Population
was
SMITH TRACTION, LIGHT & POWER-
Organization— Incorporated
Population 1890 was 18,553; in 1880 was 5,553;
and in 1870 was 4,073.
FISHKILL-ON-THE-HUDSON,
in 1870
FITCHBURG, MASS.
Population 1890 was 22,037; in 1880 was 12.429;
and in 1870 was 11.260.
FITCHBURG & LEOMINSTER STREET RY.
Road extends to
Leominstei and Lunenburg.
Organization—
Railroad Commissioners in June, 1900. granted petition to issue
$100,000 stock in addition to the existing $250,000.
Stock, Bonds Etc.—
Date.
Rate. Outstand'g.
Maturity
Stk. (an., $500,000; par, $100)
8 p. 0. $250,000
See earns
1st mort. ($500) c, $150,000. )
1SQT
=r>
nnn
5 A ~° 115
00 Apr. 1, 1917
°.°
Int. at 1st Nat. Bank, Bost. \ 1897
Loans and bills payable Sept. 30, 1899
190,000
DIVIDENDS— In year 1894-95. 8 p. c; in 1895-96, 8 p. c. in 1896-97,
8 p. c; in 1897-98, 8 p. c; in 1898-99, 8 p. c
Road— Owns 23-69 miles of track, including 1-39 miles of sidings.
Earnings— For years ending Sept. 30
1899.
1898.
1899
1898
Gross
$140,V90 $134,315 Dividends paid.. $20,000 $20,000
Net
46,220
48,138 Bal.,siu\ for year
558
5^059
Int., taxes, etc.
25,662
23,079 Tot. sur. Sept. 30. 18,291
17,662
Officers— President, H. A. Willis; Vice President, H. I. Wallace;
Clerk and Couusel, C. F. Baker; Treasurer, R. N. Wallis; Superintendent ami Purch. Agent, W. \V. Sargent, all of Fitchburg.— V. 70, p. 1249.
-.~
CITY RAILWAY-A
in
6,663.
trolley road.
Road— Operates 7^ miles of track on 5*2 miles of streets.
In 1899 road was purchased by Morgan Jones, and is owned in fee
simple by him. Is operated jointly with the Fort Worth Street Ry.,
expenses of operation being divided by the two companies. General
consolidation of all Fort Worth roads expected.
OFFICERS—President, Morgan Jones; Secretary, W. E. Kauffman.
V. 68, p. 473.
FORT WORTH & ARLINGTON HEIGHTS
STREET RAILWAYOrqanization, ETC.—The Fort Worth & Arlington Heights Street
Ry., Ft. Worth Land & Investment (about 4,000 acres), Arlington
Heights Electric Light Co. and Arlington Heights Water Co. were purchased by bondholders in June, 1895.
The Ft. Worth & A. H. Street Ry. is leased for 5 years to Glenwood
<fe Polytechnic College
St. Ry.; according to recent reports, the latter
has now purchased it.
Operates G 1^ miles of track on 2^3 miles in streets; balance, suburban.
FORT WORTH STREET
RY.-A
trolley road.
in 1894 to succeed the North Side Street
RR. Co., foreclosed Nov. 20. Stock, $200,000. Bonds, first mortgage
coupon gold 6s, dated 1896 due 1926; interest J. i.J at Mercantile
Trust Co.. New York: authorized, $250,000; issued, $150,000.
Organization—Chartered
Morgan Jones having purohased the City Railway
the two roads are
now
of Fort Worth,
operated jointly, expenses being divided be-
tween them.
Road—Operates 12*3 miles of track. President, K. M. Van Zandt;
Vice-President, Morgan Jones; Secretary, W. E. Kaufman; Gen. Supt.,
W. P. Quigg.—V. 68. p. 473.
GLENWOOD & POLYTECHNIC COLLEGE
FITCHBURG & SUBURBAN STREET RY- STREET
RAILWAYOrqanization—Operates 5*15
miles of track, extending from
Fltchburgto Leominster; opened July 16, 1898. 8tock, $50,000. Bonds
$19,000 5s due 1918, interest A-O; American Loan A Trust Co., Boston, trustee, but none issued; loans and notes payable Sept. 30, 1899,
$59,749.
Reorganization, Etc.— A reorganization in 1896 of Glenwood A
Polytechnic Street Ry. Electricity Introduced and 6 new motor cars
purohased. The company has a 5-year lease of the Fort Worth A
Arlington Heights Street Ry., and is now reported to have purchased
the latter. Stook to be increased to $200,000; bonds, $50,000.
STREET RAILWAYS.
40
ROAD—Owns road 6 miles long; leased line, 6*2 miles; total, l^'a miles.
Officers— President and General Manager, J. T. Yoss; Seoretary
and Treasurer, Woodford Brooks; Electrician, W. E. Voss.
The company pays
improvements out of earnings and
retired $10,000 of the 1st mortgage bonds.
for
in
1899
1
ROAD—Owns
16 miles of track laid with 60-lb. T rails, in Galesburg;
extending also to East Galesburg and Knoxville. An extension of
4 miles will be built in 1900. Operates 30 cars.
OFFICERS— President and General Manager, Fred. Seacord; VicePresident, B. Chappell; Secretary and Treasurer, Loren Stevens.
111.,
FRAMINGHAM, MASS.
in 1890 was 9,239;
1870 was 4.968
Populations 1895 was9,512;
and
in
1880 was 6,235
in
STREET
FRAMINGHAM UNION
1887.
Organization—Incorporated in
Date.
STOCK & BONDS—
Stock (par $100.) $60,000
1st mortgage, currency.. <
Interest.
Outstanding.
RY.
GALION, OHIO.
Maturity.
Population 1900 (Estimated)
$30,000
July 1, 1909
50,000
5 J-J
Not subject to call.
Interest at International Trust Co. Boston.
58,000
L'n8,oto.pay.(net)Sep.30,'99
ROAD— Operates main track 636 miles sidings 0-48 of a mile.
EARNINGS.— For years ending Sept. 30 earningskave been as follows
1899.
1898.
Tr. to Sept. 30— 1899.
1898.
$6,361 $7,783
Gross earnings.. $32, 148 $30,424 Bal., suiplus
4,103
Net
13,839
11,965 Tot. surp. Sept. 30
Int. taxes, etc...
7.478
4,182
OFFICERS— President, James F. Shaw, Boston; Secretary and Treasurer, Geo. A. Butman, 8 Congress St., Boston; Supt J. W. Sullivau,
South Framingham.— V. 68, p. 1181; V. 69, p. 955.
1889
'(
,
;
I
|
I
|
,
FRANKFORT, KY.
FRANKFORT & SUBURBAN RY.-A
Successor
trolley road.
to Capital
By. sold in foreclosure for $10,000. Owns 7^ miles of track, which
has been equipped with modern improvements since purchase by new
OFFICERS—President, Charles R. Crain, Springfield, O.; Vice-President, Patrick McDonald Secy., Treas. and Gen. Man., John T. Buck;
Ky.
V. 64, p. 422, 1180.
FRANKLIN, PA.
Population in 1890 was 6,221;
and in 1870 was
in 1880
3,908.
was
5,010;
FRANKLIN ELECTRIC STREET RY.In January, 1900, reported to have been purohased by the new Oil
City Traction Co., which recently secured a franchise to operate in Oil
City. Work on the latter is expected to begin in the spring of 1900,
and the two towns be conneoted.
Stock (par $50), $60,000; 1st mortgage ($50,000) 6s, 1894, due 1924.
$2,000; unfunded debt June 30, 1899, $42,888. Operates 313 miles
of track through the principal streets of Franklin, Pa. Bail, 60 lb.
For year ending June 30, 1899, gross, $14,436; net, $2,473. In 1897-8
gross, $13,651; net, $1,591. In 1896-7 gross, $13,762; net, $1,426.
OFFICERS— President and Treas., E. W. Echols; See'ry, G. S.White.
FREDERICK, MARYLAND.
Population in 1890 was 8,193; in 1880 was
and in 1870 was 8,526.
8,659;
FREDERICK & MIDDLETOWN ELECTRIC
road.
R AILWAY-A
Commenced operation
trolley
Organization—
in fall of 1896. Capital stock
authorized, $100,000; issued, $40,000. First mortgage of 1897 is for
$70,000 (all issued), 5 per cent, gold, $1,000, bonds, c*, interest J.&J.;
principal maturing Jan. 1, 1917, but subject to call at par on and after
Jan. 1, 1907; trustee, Maryland Trust Co., Baltimore. Floating debt
June 30, 1899, $10,500. Year ending June 30, 1899, gross was $20,458; operating expenses about 60 per cent.
ROAD— Frederick to Middletown, 9 miles. Has leased the Catootin &
Myersville Electric, Myersville to Middletown, 5*2 miles, constructed
in 1898. President and Gen. Man.. Geo. W. Smith.
FREDONIA,
Population
trolley road.
N. Y.
in 1890 was 3,399 in 1880
and in 1870 was 2,546.
DUNKIRK
A
;
&
in
at 4,000.
Organization— Chartered April 21, 1864. Company is also engaged
In electric lighting and steam heating, the expenses of these departments being included in the railroad operating expenses and the receipts are shown in other income. In June, 1897, purchased Fredonla
gas plant for $9,600. Securities and earnings are as follows
Stock auth.,$t50,000; par
Earnings—Year ending June 30:
$116,200
1899.
1898.
$20,418
$19,410
Annnn Gross
4U,uuo
Net
\
7,628
7,101
)
„ 1Mn Other income..
9,376
6,659
Zi w Jl>
\
Int. and taxes.
5,686
4,218
6,972
*21,486
Road Owns 3^ miles of single Dividends
and o ne-fifth miles of second track.
*This includes a stock dividend of 15 per cent.
OFFICERS.— President, Frank May, Dunkirk, N. Y.; Secretary-Treasurer and Manager, Milton M. Fenner, Fredonia.
$100; stock sold
&J
Due July 1,1911
2d mort. 5s, J.-J
Due July 1, 1911
CO.- A trolley road
STOCK AND BONDS—
Date.
in
Interest.
Outstand'g.
Boad
Maturity.
Stock, $225,000 ($100)
1st mort., $200,000, gold
($1,000) c*.no s. f
$225,000
>
1899 5 g. J-D
160,000 June 1, 1918Int. at New Haven Trust Co., Trustee.
\
Road, Etc.— Owts and operates 12 4-10 miles of road from Galion
to Bueyrus, laid with 60-lb. T rails. In June, 1900, an extension of
18 miles from Bueyrus via Nevada to Upper 8andusky was proposed.
The company also own and operate Seceaium Park, containing a theatre, pavilion, bowling alleys, museum, &c.
Motors, trailers and
OFFICERS— President, I. A. Kelsey, New Haven, Conn.; Treasurer,
Samuel Morehead, New Haven; Secretary, R. W. Johnston, Galion^
General Manager, W. E. Haycox, Galion.
GALVESTON, TEX.
Population 1890 was 29,084; in 1880 was 22,248;
and
in 1870
was
13.818.
GALVESTON CITY RAILROAD-A trolley road.
Organization—Incorporated May 2, 1871.
Receivership.— R. B. Baer appointed receiver in October, 1897.
On Sept. 5, 1899, main property was purohased at foreclosure sale
for $905,000 by Julius Bunge, President of the company, representing
the stockholders, but he failed to make the final payment of $895,000
and the property was ordered re-sold Feb. 6, 1900, when it was bid in
by Charles E. Hotohkiss, representing the Guaranty Trust Co., the
trustee for the bondholders. He bid $905,000. The road is to be
reorganized, and it is rumored that the new company will have only
$750,000 bonds, with $500,000 stock.
&
Date. Interest. Outstanding.
Maturity.
BONDS
STOCK
See text
$1,000,000
Stock (par $50)
1,000,000 Jan. 1,1913
(1893 5gJ-.T
i=* ™«^+ jinnnfinn
n$1 000 000 *•>
Guar. Tr. Co.
\ July, '97. coupon in default.
*i^oo
1>uuu
c -(
*
of N. Y., Trustee, New York City.
6 quar.
As collateral.
2d mort. $75,000 ($1,000 >
(?)
Mtge. & Trust Co., New York, trustee.
each)
S U. S.
Miles.
Proprietary road
Miles.
Road—
32*48 (Entire st'k & bonds owned)
Owned in fee, mainline
0-50 Gulf City St. Ry. & B'l Est. Co.2'92
Sidings
Weight of rail .... 40, 4 5 and 60 lbs.
35-90
Total of all
1898.
Trs.end.Dee.31. 1899.
1898.
1899
Gross earnings. $235,374 $220,820 Damages, eto. ...$10,677
$6,1 13
46,58052,663 Approx. surp... 32,443
Net over taxes. 43,120
None.
Interest
None.
Gross, $66,597; net, $18,421
LATEST EARNINGS— 4 mos.,) 1900
Gross, 70,181; net, 14,413
Jan. 1 to April 30.
5 1899
OFFICERS— Receiver and Gen'l Manager, R. B. Baer; President, Julius
Runge, Galveston; Secretary, A. Drouilhet; Treasurer, J. Lobit.—V.
65, p. 728, 824; V. 68, p. 618; V. 69, p. 541, 1345; V.70, p. 280.
-
'
'
'
GARDNER, MASS.
Population
in 1895
was
4,988;
GARDNER
BURG STREET
9,182; in 1890
in
was
8,424; in 1880
was
1870 was 3,333.
WESTMINSTER & FITCH-
RY.-In December, 1899, absorbed the
Gardner Electrio Street Ry., and received permission from the Massa.
chusetts Railroad Commissioners to issue $50,000 of stocK to acquire
&
Maturity.
Date. Interest. Outstanding.
BONDS—
Stock
$185,000
Stock, $185,000 ($100)
150,000
Feb. 1, 1920
1st mortgage ($1,000)) 1900 5 g. F. A.
c* S Int. at Mercantile Trust Co., Boston, trustee.
$150,000, g
ROAD— Owns 12 miles of main traok between Fitchburg and
Gardner, via Westminster; aleo constructed a branch line to Wachusett Lake, which was opened for traffic on May 26, 1900, but is
operated as a summer branch only. Total, 16 miles.
OFFICERS— President, Frederick S. Coolidge, Fitchburg; Vice-Pres.,
E. F. Blodgett, Leominster; Sec'y, Treas. and Gen. Counsel, James A.
Stiles, Gardner; Supt., F. Lenoir, Gardner.— V. 69, p. 1247.
(
GENEVA,
'
.
GALESBURG,
ILL.
GALESBURG ELECTRIC MOTOR
POWER-A trolley road.
Date. Interest. Outstand'g.
24,
Organization—
STOCK
&
Car companies.
BONDS
GENEVA WATERLOO SENECA FALLS &
TRACTION-Trolley.
CAYUGA LAKE
Chartered Nov.
1894. February, 1895.
Maturity.
$210,000
1st M. ($125,000)
1892
M-S
115,000
1902
Subject to call at 105 after Sept. 1. 1897. Trustee, Nor. Trust Co., Chio.
&
BONDS—
stocK, par, $100
Pref. stock, $100,000
Com.
Organization— Charter extended Dec. 29, 1899, for 20 years. Is a
consolidation of the College City Street By. and the Galesburg Street
Stock ($210,000), par $100
N. Y.
Population 1890 was 7,557; in 1880 was 5,878;
and in 1870 was 5.521.
consoli-
dated with Geneva & Waterloo and other companies. The new company owns the Cayuga Lake Park property of 50 acres.—V. 60, p. 562
Population 1890 was 15,264; in 1880 was 11,437;
and in 1870 was 10,158.
&
6,326;
1898 under laws of Ohio.
from Galion to Bueyrus opened August 16, 1899.
Organization— Incorporated
—
STOCK
was
the same.
was 2,692
FREDONIA
RAILROADPopulation
1895 estimated
1st mort. 5s, J.
OHIO CENTRAL TRACTION
16, 1897.
company. Stock, $10,000; bonds authorized, $40,000; issued $30,000.
ley, Frankfort,
9,000; in 1890
S.635.
was
cars, 11.
Population 1890 was 7,892: in 1880 was 6,958
and in 1870 was 5,396.
ORGANIZATION— Incorporated June
in 1888
Miles.
Date.
Interest. Outstan'g.
Maturity.
$350,000
99,500
436,500 Apl.
1895 6 g. A-0
lstM.,($500&$l,000)g.c*
1, 1920
Bills payable June 30, 1899, $3,381.
Interest at West End Tr. & S. D. Co., Phila., trustee.
Stock.—In November, 1896, the stockholders surrendered $100,000
of common stock, which was duly made into preferred stook, of which
100 shares was paid to the stockholders who had surrendered the
1,000 shares of common stock.
Bonds— On June 30, 1899, $63,500 of bonds were unissued.
STREET RAILWAYS.
ROAD— The road extends from Geneva to Cayuga Lake Park through
Waterloo and Seneca Falls, 17 miles; sidings, % miles. Ralls 70-lb.
girder and 60-lb. T- Track stanlard gauge.
Earnings— For year ending June 30, 1899, gross, $59,856; net,
$27,103; other income, $1,983; interest, $26,266; taxes, $2,381;
park expenses, $4,207; def. for year, $3,768. In 1898, gross, $60,778
net, $25,786; other income, $2,024; interest, $27,062 taxes, $2,360
Park expenses, $4,368; def. for year, $5,980.
President, Isaac M. Thomas, Wilkesbarre, Pa.; Secretary and Treasurer, W. C. Gray, Seneca Falls; Supt., Howard Gray, Waterloo.— V.
;
;
41
town
the extra stock to be issued for a like
<fe Gloversville
the Cayadutta Electric.
STOCK
&
BONDS—
Date.
amount
Oulstand'g.
Interest.
Stock, $350,000
of
Maturity.
$335,210
350,000
$350,000 gold 5 1892 6g. A-O
Oct. 1, 1922
< Int. at Farmeis' Loan <k Tr., N. Y. City
$1,000, guar. p. <fe 1
ConsoL mtge., $600,000.... N19^°Sec urity & Irust, Trustee.
{
BONDS-Of the $600,000 new mtge. $350,000 La to be held in trust to
retire the first mtge. 6 per cent bonds due 1922. The remainder to be
used to pay off present indebtedness and for future improvements.
Road— Owns 14*2 miles of single track and 4 miles of sidings.
Earnings—The earnings are included in those of the Fonda Johns
town & Gloversville RR. Co. See Drv. Scpp. V. 70, p. 894, 944, 1249.
1st. inort.,
-
60, p. 562.
GIRARDVILLE, PA.
JOHNSTOWN GLOVERSVILLE & KINGSroad.
BORO RR.— An
Population 1890 was 3,584; in 1880 was 2.730. Population
tributaky to schuylkill traction, 75,000.
electric
SCHUYLKILL, TRACTION CO.-A trolley road.
ORGANIZATION— Chartered Sept. 26, 1892, and in June, 1893, completed an electric road, 22^ allies in length, in the anthracite coal
On May 1, 1900, leased for 999 years
basin of Schuylkill County.
the Lakeside Railway, which connects the two ends of the company's
routes from Makanoy City to Shenandoah.
Mal'y.
Miles. Dale. Interest. Outsl'ing.
BONDS—
STOCK
$750,000
Stock, $750,000, com., $100
250,000
$250,000 ($100) pref
22ia 1893 5 g A-0
500,000 Apr.1,1943
1st M. ($500,000), g.,)
paid
Equit.
Tr.
Co..
Trustee. Phil a
is
at
b. f. $10,000 yr'ly ^Interest
c* ) Bonds may be purchased for sinking fund at 105|
after Apl. '98
ROAD—Owns 22 ^ miles of track (length of lino from extreme points
about 15 miles), being in the form of a Y, with Girardville, where the
power house is situated, as a centre. Leased May 1, 1900, Lakeside
Rails 50, 60 and 70
Railway, Similes. Total operated, 28 miles.
&
lb.
Organization— Chartered Nov. 12, 1873, and in November, 1893,
leased to the Fonda Johnstown & Gloversville (steam) Railroad Co.
for 999 years, its bonds being assumed and 8 per cent per annum being guaranteed on
STOCK
&
for years following
Net.
Interest.
Gross.
Tear ending—
1893-4 (Sept. 30).... $88,288 52
90,981 81
1894-5
1895-6
96,809 71
92,777 70
1896 7
1897-8
87,849 50
1898-9
"
89,793 99
6mos.to Apr. 1,1900 46,793 68
Bal.,surp.
$25,000 00 $6,724 12
25,000 00
8,360 28
40.80122
25,000 00 15,80128
25 000 00 11 910 85
36,910 85
31,509 10
6,509 10
25,000,00
25,000 00
30,340 97
5,340 97
12.500 00
17,967 44
5,467 44
OFFICERS— President, Dallas Sanders, Philadelphia; Secretary and
Treasurer, J. A. McKee, Philadelphia; General Manager and Purchasing Agent, F. P. Unger, Girardsville, Pa.— V. 63, p. 795; V. 70, p.
$31,724 12
33.360 28
895.
(1)
LAKESIDE RAILWAY.— A
trolley road.
Organization— Chartered January, 1893. Charter is perpetual.
On May 1, 1900, company was reorganized by amicable adjustment,
reducing the 1st mtge. from $250,000 to $150,000, and the interest
from 6 to 4 per cent. The road is leased to Schuylkill Traction for
999 years at $6,000 a year and 5 per cent of Its gross receipts. Bonis
and coupons have reduction stamped on them.
Date.
Interest.
Outstanding.
Maturity.
BONDS—
STOCK
Stock (par $50)
$250,000
Nov. 1,1923
150,000
1st M., $150,000, gold < 1893 4 g. M-N
$100, $500, $1,000.. .. \ Equitable Trust Co., Philadelphia, trustee.
ROAD— Has completed and in operation 5*3 miles of road, connecting
Mananoy City with Shenandoah.
Earnings— Gross receipts about $24,000 annually.
Dallas Sanders, President, Land Title Building, Philadelphia. V. 66,
&
p. 760; V. 67, p. 371;
Y
70, p. 894.
GLENS FALLS,
Y.
N.
GLENS FALLS SANDY HILL & FORT
RAILROAD-A
WARD STREET
Chartered Sept
amended
ED-
trolley road.
28, 1885;
Organization—
population of district served, 1898, 27,500.
Stock
&
Bonds—
and$l,000)
2d mortgage ($500)
Date.
Interest
5 Q.-F.
qo1
lbJ1
1893
A T " J,
0J
,
c. (
Estimated
1891.
Outstanding. Maturity.
$150,000 Apr.'00,2ia%
100,000
July
1,
1911
6 J-J
50,000 July 1, 1913
Interest at Merchants' Nat. Bank, Glens Falls.
DIVIDENDS— In fiscal year 1894-95 paid 1 per cent.; in 1895-6, 4 p. c.
In 1896-7,5 p. c; in 1898, 5 p. c; in 1899 the August quarterly dividend of 1*4 p. o. was omitted (on account of largo expenditure for
street paving) making payments for oalendar year only 3% per cent.
In 1900 (changed to eemi-annual)— April, 2*2 p. o.
ROAD—Glens Falls to Fort Edward. 7 34 miles; sidings, 1*18 miles;
race track branch, *2 mile So. Glens Falls Branch (completed Oct. '96)
lHi miles; total track, 1052 miles. Rails 40 to 80 lbs. Some extensions proposed in 1900.
c.
;
-
;
ANNUAL—Earnings for
years ending June 30
Other inc. Int.dtax. Dividends. BaL.sur.
1898-9. .$63,003
$26,640 $3,488 $11,456 (5° ) $7,500 $11,172
1897-8.. 61,537
16,980
2,882
11,082 (5%) 7,225
1,555
OFFICERS— President, J. M. Coolidge; Secretary, Treasurer. F. F.
Qross.
Pruyn; Supt.,
F.
Date. Interest. Oulstand'g. Maturity
8 p. c.
$50,000
4-11
lstmortgage
6J-J
50,000
1913
Interest is payable at the Metropolitan Trust Company, N. Y. City.
ROAD— Owns single track, main line, from Johnstown to Gloversville,
408
miles; branch, 03; total,
411
miles.
GOSHEN (ELKHART
CO.), IND.
Population 1890 was 6,033 in 1880 was 4,123;
and in 1870 was 3.133.
For Indiana Electric, see South Bend, Ind.
;
GRAND
Population
in
1900
in
RAPIDS, MICH.
(est.), 100,000; in
1880 was 32,016.
1890 was 60,278;
RY.-A
GRAND RAPIDS
In March,
trolley road.
1900, was organized as a successor
company to the Consolidated Street Ry., and owns all the street railway properties of Grand Rapids and vicinity. V. 70, p. 1149. Franchises run for 30 years from 18 30, 1891 and 1899. V. 70, p. 841.
Date. Interest. Outstanding. MaturityBONDS
STOCK
Stock.com., $2,000,000($100)
$2,000,000
Pref., $2,000,000 cum. 5 /
. nn nnn
1,500,000
\
p.0.($100)
Gr. Rap. Ry. Uo. lstM....c- / 1900 5 g J-D
2,500.000 June 1,'16
$3,500,OjO, gold, $1,000.. ? Int. at N. Y. security &. Tr. Co., Trustee.
Bonds, Etc.—Ot the new mtge. for $3,500,000, $1,000,000 is reserved for permanent additions and improvements, and can only be Issued for 85 per cent of the cost, and only ''when the net earnings of
the company for the preceding year are equal to, or exceed, double the
interest charge on the total amount of bonds outstanding, including
those to be issued." Sinking fund becomes operative on Oct. 1, 1905,
payable 1 per cent of bonds out up to Oct. 1, 1910, then 2 per cent up
to 1915. (See V. 70, p. 1149.) Bonds cannot be called. Messrs. N.
W. Harris & Co., of this city, and E. W. Clark & Co., of Philadelphia,
have been placing the bonds.
Dividends DivideLds on preferred stock become cumulative after
Oct. 1, 1900.
Road— Owns and operates 50 miles of track.
Gross, $146,127; net, $57,742
Latest Earnings— ? 1900
Jan. 1 to April 30. \ 1899
Gross, 125,631; net, 54,236
EARNINGS—The earnings of the property for the years ending April
30 are as follows, the interest shown being the present fixed charge,
viz., 5 per cent on the $2,500,000 bonds
Year.
Qross.
Net.
Interest.
Surplus.
1999-00 ....$486,161
$215,209
$90,-, 09
$125,000
1898-99
420,382
Gross increase 1899-00 over 1898-99, 15 p. c.
1897-88
374,691
Gross increase 1898-99 over 1897-98, 12 p. c.
OFFICERS— President, Anton G. Hodenpyl; Treasurer, W. S. Anderson; Secretary, B. S. Hanchett, Jr.; Gen. Man., G. S. Johnson.— V. 07,
p. 319; V. 70, p. 583, 739, 841, 1048, 1149.
Org iNlZATiON, Etc.—
—
&
—
:
Population 1890 was 9,509; IN 1880 WAS 4,900;
AND in 1870 was 4.500.
Stock, $150,000, par $100
1st M. (no option) ($500 \
stock.
Miles.
Stock, $50,000 (par, $100)
T.
Annual Report— Earnings
its
BONDS—
fiscal
:
Net.
W. Kiumouth; Gen'IMgr., H. H. Pruyn.
GLOVERSVILLE,
N. Y.
Population 1890 was 13.864; in 1880 was 7,133
and in 1870 was 4,518.
:
CAYADUTTA ELECTRIC RAILROADORGANIZATION— Leased for 999 years from May 1, 1894, to the Fonda
Johnstown &. Glovorsville (steam road), which guarantees bonds,
principal and Interest, and agrees to pay leased road net earnings up
to 4% on capital stock per annum, besides paying all fixed charges.
In Juno, 1900, the New York Railroad Commissioners approved
proposition for increase of $300,000 in the stock of the Fonda Johns-
GREAT FALLS MON.
Population 1890 was
3.979.
GREAT FALLS STREET RY-A
trolley road.
Organization— In hands of W. D. Dickenson as receiver.
Miles. Date. Interest. Outstanding. Maturity.
STOCK & BONDS—
Stock, $200,000, par.$25
$100,000
M. for $500,000 gold
1891 6gJ-D
246,500 June
Mortgage trustee. Massachusetts Loan & Trust Co., Boston.
Road— Operates 823 miles of track and 8>2 miles of road.
Earnings— For year 1898 gross, $26,500; net, $100.
GREEN BAY,
Population
in
1,
1905
WIS.
1890 was 9,009; in 1830 was 7,464;
in 1870 was 4,000.
FOX RIVER ELECTRIC RAILWAY &
POWER.-Trolley.
This is a reorganization of the Fox River Electric, sold at foreclosure
Jan. 14, 1899. (V. 08, p. 129.) In October, 1899, purchased the McCartney Street line. In Jan., 1900, was reported to have purchased
also the Appleton Electric Light & Power.
Date. Interest. Oulstand'g.
STOCK AND BONDS.
Maturity.
Com., (par $100), $25,000
Pf. 5% cum. ($100), 125,000
M. g. (par $50, $100, $500), < 1899
5 g.
$115,000
July i. 1919
$150,000
Interest at Milwaukee Tr. Co.", trustee.
I
ROAD-Owns and operates all lines in the City of Green Bay, and
also a line from Green Bay to De Pere, 20 miles in all; 45 and 78pound rail; 17 motor cars, 8 trailers.
OFFICERS (new). -President, H. S. Eldred. Milwaukee; Vice-President, A. M. Murphy, Green Bay; Secretary, B. L. Parker. Green Bay;
Treas. and Gen. Man., Mitchell Jeannes, Green Bay.— V. 68, p. 129.
STREET RAILWAYS.
42
GREENFIELD, MASS.
Population
in
1895 was 6,229; in 1890 was 5,252; in 1880
3,903; AND IN 1870 WAS 3.589.
GREENFIELD
TURNERS
&
was
FALLS
STREET RAILWAY.-A trolley road.
—
Organization Commenced operation June 24, 1895.
feet steel bridge across the Connecticut River at Peerfleld.
Owns 750
In June,
1899, stockholders voted to increase stock $30,000 (to $130,000),
$15,000 to be used to extinguish floating debt and $15,000 to build an
extension of 2 2 miles (since completed) to Montague town, Lake
Pleasant and Millers Falls.
Date. Interest. Outstanding. Maturity.
Stock
Bonds—
$130,000 4% in '98-99
Stock, $130,000,($100)
1896 5 *• J&D
94,000 June 1,1916
lstmort
cold s.
« r
f
*
xst
mom. goia,
^ Interest at Beacon Trust Co. Boston.
30,000
L. & Notes pay. Sept. 30/99
BONDS—The mortgage (originally $100,000) provides for the payment of $2,000 annually from 1897 to 1915, inclusive, at a premium.
ROAD— Greenfield to Deerfleld, Montague City and Turners Falls,
15*06 miles; sidings, 41 miles; total track, 15 47 miles.
Earnings— For year ending Sept. 30, 1899, gross, $37,063; net, $12,
790; interest and taxes, $5,922; 4 p. o. dividends, $4,000; surplus,
$2,868. In 1898, gross, $34,585; net. $12,516, applicable to interest,
taxes and 8 p. c. dividends. President, Prank E. Lowe;; Treasurer,
#
&
,
Frank
,
E. Pierce; Supt., H.
W. Howe.— V.
63, p. 76.
HACKENSACK,
POPULATION
NEW JERSEY
FERRY
N.
IN 1897 (ESTIMATED) 9,000; IN
IN 1880, 4,248.
CO.-
J.
1890 WAS 6,004;
& HUDSON RIVER RY. &
—
Int. at U.S. Mtge.&Tr. Co.. N.Y., Trustee.
bonds, $700,000 are reserved for future
extensions and improvements. The bonds can be called on and alter
March 1, 1905, on any interest day, at 110 and accrued interest, upon
six weeks' notice. The mtge. binds the company to procure the cancellation of the outstanding bonds of the Bergen County Traction Co.,
and also to acquire 90 per cent of the $100,000 outstanding 1 onds of
the Riverside & Fort Lee Ferry Co. on or before Jan. 1, 1901. We are
informed tbat this provision will be complied with by July 1, 1900.
ROAD— Owns and operates 12 miles of road, from ferry at 130th 8t.,
($1,000) c*
J
Bonds— Of the $1,500,000
to
Englewood and
to
&
MiddletownH.&S.stk.
The Traction
50
10 J-J
100,000 Lease rent
(all) stock of the
Co. holds in its treasury $700,000
East Harrisburg Passenger Railway and $235,000 (all) of the Citizens'
stock— V. 60, p. 873. Bills payable June 30, 1899, $52,500.
DIVIDENDS—The dividends in February and August, 1899, aggregating 4 per cent, were paid in stock, the money being used in reducing
floating debt. Dividend period changed to quarterly, and 1 per cent
paid in cash Oct., 1899; Ha p. o. Feb. 1, 1900; 1 p. c. May, 1900. On
May 2. 1900, it is stated, purchased at foreclosure sale the Greenburg
Jeannette & Pittsburg Street Ry. of 9 miles for $25,000.
ROAD—Leases and operates 47 miles of track as follows East Harrisburg Passenger, 24 miles; Citizens' Passenger, 6 miles; Harrisburg City Pass., 5 miles; Middletown Highspire & Steelton Pass., 12 nv
Latest Earnings-—Five months to May 31.
1900
Gross, $128,619; net, $49,931
1899
Gross, 108,483; net, 36,826
Earnings for years ending June 30
12 mos.
Oross.
Net.
Int., taxes, etc. Dividends. BaL, sur.
189899. ...$322,929 $174,096
*$75,548
$46,196
$52,352
1897-98.... 245,065
117,210
49,229
46,750
21,231
1896-97.... 221,389
90,028
52,518
18,700
18,810
* Dividend was paid in stock.
OFFICERS— Pres., Edward Bailey; V.-Pres., B. F. Myers; Sec. and
Treas W. J. Calder; Supt. and Pur. Agt., F. B. Musser.—V. 63, p. 227;
:
,
V. 69, p. 743; V. 70. p. 125, 945.
Organization— Incorporated at Trenton, N. J., on Feb. 27, 1900, as
a consolidation of the Bergen County Traction Co. and the Ridgefield
and Teaneck Ry. Co. See V. 70, p. 430. The new company owns the
entire capital stock of the Riverside* & Fort Lee Ferry Co., and the
Highland Improvement Co. The controlling ownership of these companies has been held by the same parties for the past few years.
Date. Interest. Outstanding. Maturity.
Stock
Bonds
Stock, common $1,000,000
$1,000,000
Stock, pref. $7 50,000 6 p. c.
= A nnn
A
40O,uuu
non-cum
\
800,000 Mar 1, 1950
1st mort., $1,500,000 gold H900 5 g. M-S
&
There have been rumors of a chaoge of ownei ship and of consolidation with other roads, but these are denied. V 63, p. 227; V. 69, p. 743.
STOCK
Par. Date. Interest. Outstand'g.
BONDS—
Last Div.
Harrisburg Traction,
stock, $^,000,000...
50
Text.
$1,945,548 See text
Citizens' Passenger— J
1894 6g. M-N
75,000
May 1,1924
IstM., $75,000, goldUnt. at Com'wealth Guar. Tr. Co., Harrisburg
Leased to E. Har. Pass. Ry.—
Harris. City Pass. stk..
25
12 J$125,000 Lease rent
Hackensack. The latter
line
was opened on June
21, 1900.
OFFICERS— President, A. Merritt Taylor; 1st Vice-Prest., W. H.
Clark; 2d Vice-Prest. & Gen. Man., Frank R. Ford. 149 Broadway,
N. Y.; Sec. & Treas., W. N. Barrows. V. 70, p. 382, 430, 1249.
HAGERSTOWN, MD.
Population 1890 was 10,118;
in 1870
was
in 1880
5,779.
was
HAGERSTOWN RAILWAY.-A
1896,
40
for
12,
6,627;
years.
Has
&
—
HAMILTON, OHIO.
Population in 1890 was 17,565; in 1880 was 12,122;
in 1870
was
11,081.
CINCINNATI & MIAMI VALLEY TRAC-
TION.—See Cincinnati.
HAMMOND,
IND.
Population 1890 was 5,428 in 1880 was 699.
;
HAMMOND WHITING & EAST CHICAGO
ELECTRIC RAILWAY-A trolley road.
Organization— Chartered in 1892. Franchise runs till 1917. Controlled in interest of South Chicago City Ry. V. 62, p. 86.
STOCK BONDS— Miles. Date. Interest. Outstand'g. Maturity.
Stock, $300,000
$287,000
&
1894 5g. M-S
IstM., $100,000, gold 22
100,000
Mar. 1,1904
Interest payable at Northern Trust Co., mortgage trustee, Chicago, 111.
ROAD Owns 22 miles of track, extending from State line at Roby to
Whiting, East Chicago and Hammond, and operates in connection with
South Chicago City Ky. to 63d St. and Madison Ave. in Chicago.
OFFICERS— President, A. Murray Turner; Vice-President, D. M.
On Turnings Secretary & Treasurer, O. S. Gaither.—V. 62, p. 86, 502.
—
;
HARRISBURG, PA.
Population 1890 was 39,385 in 1880 was 30,762
and in 1870 was 23.104.
;
HARRISBURG TRACTION-A trolley road.
Organization— Organized
in
May, 1895.
of
track.
In 1898 control se-
new interests.
STOCK & BONDS—
Date. Interest. Outstand'g. Maturity.
Stock auth., $225,000
$144,500
lstmort., $224,000, gold.... 1894 6 g. M-S
144,500
Sep., 1914
Interest is payable at office of trustee, the Harrisburg Trust Co.
For year ending June 30, 1899, gross, $25,299; net, $10,102; intei est
and taxes, $10,080; surplus, $22. President, Spencer C. Gilbert;
Sec.-Treas., W. L. Gorgas, Harrisburg.
HARTFORD, CONN.
Population 1890 was 53,230; in 1880 was 42,553;
and in 1870 WAS 37.743.
HARTFORD MANCHESTER & ROCKTRAMWAY CO-
VILLE
STOCK
&
BONDS—
Date.
Outstand'q.
Interest.
When
due.
Stock $500,000 (par $100)
$300,000
lstmort., $300,000
1894 5 A-O
200,000
Oct. i",1924
Bills payable June 30, '99
7,000
ROAD— Operates 18-75 miles of track, extending to Manchester, TalootvUle and Rockville.
EARNINGS— Twelvemonths ending June 30, 1899, gross, $109,992;
net, $34,476 interest, taxes, etc., $13,2o2 balance, surplus for year,
$21,274.
OFFICERS— President, M. S. Chapman; Sec, J. W. Haynes; Treas.
;
R. O. Cheney.— V. 65, p. 1069.
con-
tract with the city to furnish electric lighting.
Bonds— Capital stock, $200,000; par, $50. First mortStock
gage is for $200,000 gold 6 p. c. bonds, dated 1896, due May 1, 1916,
interest, Q. F., at office of Commonwealth Guaranty Trust & Safe
Deposit Co. of Harrisburg, Pa., trustee of mortgage.
Road— Hagerstown to Williamsport and Funkstown, 13 m. of track.
President, Christian W. Lynch; Treasurer, Wm. Jennings.
and
Organization— Operates 7 miles
cured by
;
trolley road.
Organization— Chartered March
HARRISBURG & M E C H A NI CS BURG
ELECTRIC RAILWAY CO.—A trolley road.
HARTFORD STREET RAILWAY-A
trolley road.
STOCK_&_ BONDS—
Last
Stock ($2,000,000, par
r
'
20 ^ eSiT
Wethe°r sf d \ 5
do
do
Hartf.St.Ry.
do
do
do
do
do
Date. Intern. Outstanding.
^
Q-
$100)
div., <fc
$1,000,000
April.'OO.lVfo
Deb 8 1892 5 " * 100,000
Sept. 1, 1912
do
1893 5 J-J 100,000
July 1,1913
do
1894 5 A-O 300,000
Oct. 1, 1914
do
1894 5 J-D 300,000
Dec. 1, 1914
do
1895 5 M-N 300,000
May,
1915
do
do
do
1895 5 F-A 300,000
Aug.,
1915
do
do
do
1896 5 M-S 277,000
March, 1916
East H. & Glastb. debentures
1897 5 J-D 200,000
Dec, 1, 1927
guar. red. Dec. 1. 1900
New 1st mort., $3,000,000 1900 4g.M-S.
Sept. 1, 1930
(?)
gold ($1,000)
c* Conn. Tr. & SafeDep. Co., Hartford! Trus
Floating debt June 30, 1899, $100,000.
Interest is payable at Connecticut Tr. & SafeDep. Co., Hartford, Conn.
BONDS—The bonds reported outstanding under the new mortgage
represent mainly amounts to be issued to take up the debentures. All
the debenturesare subject to call at par after five years from theirdate.
and notice has been given that all except the East Hartford <£ Glastonbury deb. due Dec. 1, 1927, will be paid off. The dates of payment range from Sept. 1, 1900, to March 1, 1901. (See V. 70, p. 1194.)
STOCK— In 1898 $800,000 stock was issued, maki^-? the total amount
outstanding $1,000,000. A portion of the proceeds was used to retire
$300,000 Hart. & Weth. debenture 5s.
Dividends. -In 1894, 6 p.c; '95, 6; '96, 6; '97, 6 p. 0.5 '98, 7*9 p. c
'99, 6 p. c; in 1900, Jan. 2, 1^ p. c; April. Ha p. c.
ROAD— Lines extend to Wethersfield, West Hartford and Windsor.
East Windsor, East Hartford and South Glastonbury, in all 65-6 miles
main track and 62 miles sidings, etc. Standard for the city is 90-lb.
girder rails and in the country T rails.
East Hartf ord&Glastonbury Horse RR. (name changed in 1899 to East
Hartford & Glastonbury Street Railway) is controlled by ownership
of stock and leased for 30 years from 1897.
Part of the Newington
Tramway, from Newington Church to Hartford, was purchased in
1897, and a through line from Hartford to New Britain is operated via
the Central Ry. & Electric Co. of New Britain.
EARNINGS—For fiscal year ending June 30 in 1899 and years ending Sept. 30 in 1897 and 1896, earnings have been:
M
'
'
'
.
STREET RAILWAYS.
Int.
Net.
Gross.
& taxes. Dividends.
$443
30,966
..576,992
34,989
i$9d".'...— 531,389
G.
Vice-President,
Samuel
Goodrich;
OFFICERS— President, E. 8.
Dunham; Sec. and Treasurer, Daniel R. Howe.- V. 65, p. 1069, 1173;
1897" "
V. 70, p. 531, 1095, 1149, 1194.
FARMINGTON STREET RAI LW A Y-- Trolley.
Organization—This
is
the Hartford
West Hartford Horse RR.
<fc
sold in foreclosure August 1, 1699. Old bondholders received stock in
exchange for their bonds. No bonds now. In Feb., 1900, motion
pending to have sale set aside.
Outstanding.
Maturity.
?"?.
Dale.
Stock A Bonds$100
....
$189,000 (5 6 paid)
Stock, $189,000
miles of track laid with 65-pound T rails, 10
and upon 3^ miles it has trackage rights.
ROAD—Operates 13^
owns
EARNINGS— For 9 months ending Juno 30, 1998, earnings of the
old Hartford & West Hartford were gross, $29,599; net,$330. For
year ending Sept. 30, 1897, gross, $42,089; net, $7,017; interest and
miles of which
it
taxes, $7,128; balance, deficit for year, $111.
OFFICERS— President, S. D. Coykendall, Rondout, N. Y.; Secretary
and Treasurer, E. D. Robbina, Hartford, Conn.— V. 65, p. 1069; V.
68, p. 524, 1225; V. 69, p. 283.
was
in 1895
WAS
was 27,412;
30,209; in 1890
AND
18,472;
in
1880
1870 WAS 13.092.
IN
HAVERHILL & AMESBURY STREET
—A trolley
&
BONDS—
Date.
Interest.
$100
BlackRock&Salisb'yBeach$1891
See text
STOCK
RY.
1st mortgage, gold
Haverhill AAmesb'yConsol.
M. $290,000 £., $1,000. c*
<
\
\
Maturity
Outstanding.
$150,000 Oct.,'97, 3%
111,000 July 1, 1911
5gJ-J
HENDERSON ELECTRIC
ST.
RY. -Trolley.
under a perpetual charter.
On Feb. 27, 1900, enlt brought to recover $36,239 and interest and
sale asked of bonds and stock pledged *o e cure tlie debt. Reported
that road will be reorganized.
Date. Intc /st. Outstand'g
Maturity.
Stock & Bonds—
$50,000
Stock (par, $100)
50,000 Jan. 1, 1912
1897
6 J-.I
Consol. mort.,$bO,000, cur. )
c* I Int. at Louisv. Tr.,Louisville,Ky., Trustee
$500
Organization— Incorporated Feb.
Road— Owns about
Earnings— For
13, '86,
5 miles of track.
fiscal
year ending June 30, 1897, earnings were
and interest."
"sufficient to cover fixed charges
OFFICERS— President, E. P. Millett; Vice-President, E. W. Whiteby;
Secretary, E. G. Sebree. Jr.: Treasurer. D. Bank. Jr.— V. 70, p. 4-0.
HERKIMER, N. Y.
Population
1990 was
HERKIMER MOHAWK ILION
FORT ELECTRIC RYin
4.666.
& FRANK-
On
1, 1899.
Capital stock,
$150,000; par, $100. First mortgage, $150,000, fives of 1895. J. & J ,
due May 1, 1925; interest at Fanners' Loan & Trust Co., N. Y.
July
cars.
Gross, $42.879 net, $20,718
) 1900
Gross, 35,011 net, 17,098
July 1 to Apr. 30.
$ 1899
For year ending June 30, 1899, gross, $42,038; net, $23,445; other
inoome, $137; charges, $10,422; dividends, $9,009; surplus, $4,160;
surplus June 30, 1899, $19,382. Pres., J. Ledlie HeeB, Mohawk, N. Y.
Latest Earnings— 10 mos.,
;
Interest at International Tr't Co., Boston.
1892 5g. J - J
Int.at Am.
179,000
July
1912
1,
Loan &Tr. Co., trustee, Boston.
1911
200,000
„
(1891 6 J-D
Z
Debenture notes
Tr. Co., Boston.
£ Interest at Am. Loan
39,5^0
Loans payable Sept. 30,'99
cent;
Sept.
25,
1894, 4 per cent;
Dividends—Nov. 1, 1892, paid 4per
In year 1894-95,4 per cent; in 1895-96, none; In 1897, Oct., 3 p. o.
,
;
;
road.
Stock, $250,000. par
Population 1890 was 8,835 in 1880 was 5,365
and in 1870 was 4,171.
Organization—Chartered February 4, 1895.
owned 6 miles of track, 11 motor and 2 trail
HAVERHILL, MASS.
Population
HENDERSON, KY.
Hal., sur.
$4i,000
12,000
12,000
$142,763
145,386
117,229
$185,206
188,351
164,218
$618,913
1899
43
HOBOKEN,
.
N.
J.
<te
None
since.
Road— Has 27^ miles of track, including sidings, etc.
Annual Report—For years ending Sept. 30 earnings have been
$101,937
89,665
Bal., Sur,
Int., Taxes, dc.
Net.
Gross.
1898-99
1897-98
$2,506
$31,454
30,882
$33,960
31,276
394
OFFICERS— President, Charles Goss, Amesbury, Mass.; Secretary and
Treas'r, Geo. A. Butman; Office, 8 Congress St., Boston.— V. 68, p. 672.
HAZLETON, PA.
Population 1890 was 11,872;
and
was
in 1870
was
in 1880
4,317.
6,935;
LEHIGH TRACTION COORGANIZATION—Chartered Nov. 7, 1892. Franchise perpetual. Owns,
controls and has leased for 999 years, at an annual rental of $1 eaoh
Suburban Electric Ry., capital $30,000; Hazleton &
the Hazleton
South Side Electric Ry., capital $75,000; Hazleton & North Side Eleotirio Ry., capital $75,000.
Maturity.
Date.
Interest. Outstand'g
Bonds—
STOCK
&
&
8t'k$l,000,000(au.)p.$100
$1,000,000 f. p
500,000 June 1 1923
1st mort. $500,000, gold, J 1893 5g. J-D
Trustee,
Markle
Bank's & Tr. Co., Hazelton.
$100, $500, $1,000.. .c* \
1925
Car barn bonds, $55,000. 1895 5g. M-8
55,000
Hazle Park b'ds, $60,000. 1895 5g. A-0
1925
30,000
Bills payable Jan. 1, 1900
50,000
Interest (free of all taxes) is payable in New York or Philadelphia exchange, if desired, at par, and is so stated on the coupon.
23 miles of road laid with 60 lb. new steel T rails,
well ballasted. Road extends from Hazleton to West Hazleton,
to Yorktown (connecting withPenn. RR. and Lehigh Valley RR.) to McAdoo (South) and Milnesville, Lat timer, Urinas and Freeland (North).
ROAD— Operates
oak
ties,
Population 1890 was 43,648; in 1880 was 30,999;
and in 1870 was 20,297.
JERSEY CITY HOBOKEN & PATERSON
RY.— An electric system.
This is a «onsolidation Nov., '99, of practically all the trolley roads in
the northern part of New Jersey except the North Jersey Street Railway, and this latter is controlled by the same interests, namely the
Shanley-Young syndicate. V. 69, p. 955. The Jersey City Hoboken &
Paterson comprises the following roads:
Jersey City Hoboken & Rutherford Electric.
North Hudson County (controlling the Hudson & Bergen Traction
and the Pavonia Horse RR.).
Palisades RR.
Paterson Central Electric.
Paterson Horse RR.
Paterson Passaic & Rutherford Electric.
Paterson Railway.
Saddle River Traction.
White Line Traction, formerly the New Jersey Electric.
All the roads enumerated have been completely merged in the Jer.
sey City Hoboken & Paterson, with the exception of the Paterson
Railway and the North Hudson County Railway, a"nd in these two
cases practically all the stock has been acquired, and merger is to be
made presently.
Stock and Bonds.—The company made a mortgage for $20,000,000, as described below. Of the new bonds, $10,800,000 are outstanding at the present time. These have been used to acquire tbe
stocks of the various roads absorbed, to retire the $2,459,375 White
Line Traction five per cent ad-interim mortgage, and to take up the
$404,000 of Nortli Hudson County debenture 6s which were called for
payment Feb. 1, 1900, and the $300,000 of Paterson City Railway 2d
called for payment April 1, 1900.
The remaingeneral 6s
ing old bonds are not subject to call, but it is expected will be largely
retired by voluntary exchange for the new bonds.
Stock & Bonds—
,
Latest Earnings— 5 mos.,$ iooo
Jan. 1 to
May
31.
1
1899
Gross, $43,294;* net, $18,194
...Gross, 39,860; net, 12,215
Earnings— Fiscal year ending December 31
Tear —
1899
1898
Gross.
Net.
Balance.
Int., taxes, etc.
$106,515
sur. $9,019
$48,7^8
$39,72
*53,2j4
97,025
def. 9,017
44,187
* Inoluding back interest.
Passengers carried in 1898 were 2,089,904; in 1899, 2,285,584.
OFFICERS— President, C. W. Kline; Treasurer, N. C. Yost Secretary
S. Doud; Gen. Man., A. Markle— V. 64, p. 232; V. 66, p. 233.
;
E.
HELENA, MON.
Population 1890 was 13,834; in 1880 was 3,624;
and in 1870 was 3,106.
HELENA POWER & LIGHT—A
trolley road.
company is a consolidation made in 1894 of the
Railway and Helena Rapid Transit, together with the
Stock
Co.)
& BONDS— Miles.
and the Helena Gaslight
Date.
& Coke
Co.
Maturity.
$1,000,000
Helena Gas-Light \
1890 6 J- J
175,000 July 1, 1910
& Coke IstMort. \ Interest at Minneapolis Trust Co., Minneap.,Mrnn.
Helena Power & L't J 20 1895 5 per ot.
425,000 Jan. 1,1925
consol. mortgage.. \ Trustee. Central Trust Co., N. Y. City.
Btook
Road— Owns
Interest.
Outstand'g.
about 24 miles of trolley traoh.
OFFICERS— President,
retary, H. L. Walker.
H.M. Parohen;
Treasurer,
Herman Gans
T
P
TT
A P
«Vn
c^nnnn
jo.ooo.ooo
»
frntT
iml
° ola
"- o-nlrt
'
(
<
£
Interest.
Outstand'g. Maturity.
$20,000,000
4 #" N S® 6 text Nov.1,1949
Interest at N. J. Tit. Guar. &Tr. Co., Jer8ey nitV| Trustee>
M
18 ^ 9
-
Bonds of Constituent Companies— North Hudson County Ry.
Outstand'g. ^[atulily.
Stock & Bonds Date. Interest.
1st mortgage ($1,000)
Consol. mort. ($3,000,000)
c*
$6.20,000 to retire 1 st
2d mortgage ($1.000)
6 J. -J.
=
620,000 Jan. 1,1914
_T
T -J.
2
178 OOO July
Tulv l,
1
192S
iy^»
AJ.S.ooo
5 [J.
835,000 Mayl,1904
1894 5 M.-N.
Paterson Raihray.
1888 6
J.-D.
$200,000 June 1, 1908
Paterson Ry. 1st
F_A
189 ° 6
50,000 Au?. 1. 1907
$
Paterson city
Oitv «y.
Rv jm.
raterson
^ Interestat First National Bank of Paterson.
1,000.000 June 1, 1931
Consol. M., gold, $1,250,- J 1891 6 g, J.-D.
000 ($1 ,000)
c ( Trustee, Knickerbocker Trust Co.
M
)
$
lfi8R
188
»
.
M
M
-
Earnings— For calendar year 1899 gross earnings were reported
$1,713,259; operating expenses, $943,906; net earnings, $769,353.
Organization—This
Helena Eleotrio
Helena Eleotrio (Light
Date.
Stock, $20,000,000
;
Sec-
Road—Total
of track operated
is
151-718.
OFFICERS— President, David Young; Vice-President, John F. Shanley; Treasurer, George W. Roe; Secretary, William C. Doubleday.
Auditor, S. C. Stevens. Office, 23 Hudson Place, Hoboken, H. J.— V.
69, p. 333, 955, 1012.
HOLYOKE, MASS.
Population in 1895 was 40,322; in 1890 was 35.528
was 21,915; and in 1S70 was 10,733.
;
In
RAILWAY-Trolley.
HOLYOKE STREET1895
given as 40,322.
Organization— Population
in
1880
STREET RAILWAYS.
44
Date.
Stock—
Stock, $500,000 ($100)..
Bonds ($500, etc.)
Leased line rental, Mt.
Interest.
Outstanding.
LastdiVi,eU.
J-J
$500,000
250,000
Jan.,1900,4%
Apr. 1, 1915
1895
5
A-O
100,000
6
Tom RK (Stock, 6n.c
1-21,126
Loans p'y'ble Oct. 1,'99
Dividends— In 1892 to Jan., 1900, Inclusive, 8 percent yearly.
ROAD— Has 34 miles of track. Operates Mt. Tom (incline) RR.,
4,900 feet long, under a 25-year lease. A " location" lias been granted
to meet the Northampton St. Ry. at Mt. Tom Junction, (and road
being built), giving a through line from Holyoke to Northampton.
Earnings— Years ending Sept. 30,
1898.
1899.
Dlvs. paid (8 p.c.)$40,000
3,103
Bal.,sur.foryear
1899.
1898.
Gross earniugs.$241,218 $229,097
$32,000
3,641
86,189
74,585
38,944
Int., taxes, &c..
43,086
T'lsur. Sept.30. $63,363 $65,260
Bal. for div'uds
43,103
35,641
OFFICERS— President, General Manager and Purchasing Agent. Win.
Treasurer Wm. R. Hill; Supt., G. H. Hunter, all of Holyoke.
S. Loomis
Net
;
—V.
66, p. 616.
HOUSTON, TEXAS.
Population 1890 was 27.557; in 1880 was 16,513;
and IN 1870 WAS 9,382.
HOUSTON ELECTRIC STREET RAILWAY
—A trolley road.
Organization— Successor in September 1, 1896, to the Houston City
was sold in foreclosure May 6, 1896. V. 61, p. 925.
NEW STOCK & BONDS— Dale. Interest. Outstand'g Maturity.
Street Ry., which
Stock. $2,000,000 ($100)
Con. M., s. f., $1,000,000 >
gold ($500)
c'j
1896 5
Inoome mort
1896
$428,000
880,000
J.-J.
g.
M-S
Sept. 1,1921
Subject to call at 105 after 1916
6 p.
1917
$775,000
c.
Interest at International Trust Co., Boston, consol. mort. trustee.
Bonds— Consol. 5s can be called for payment at 105 after 1916. Sinking fund of 15 per cent of net earnings begins in 1899, and after Jan.,
1906, is limited to 5 p. c. of outstanding bonds. Bonds authorized at
$10,000 per mile on new construction.
Road— Operates 35 miles of track.
EARNINGS— From Jan. 1 to March 31, gross, $48,947 in 1900; $47,986
in 1899.
REPORT— Earnings for years ending
HOMESTEAD, PA.
Population 1890 was 7,911
;
and
in
1880 was 592
HOMESTEAD & HIGHLANDS STREET
RAILWAY—See Monongahela Street Ry Pittsburg, Pa.
,
HOOSICK FALLS,
N. Y.
Population 1890 was 7,014 and in 1880 was 4,530.
;
HOOSICK VALLEY
BENNINGTON &served,
30,000.
A trolley road.
RY.-
Organization—A consolidation in October, 1897, of the Hoosiob
Ry. and Bennington Electric RR. A line was constructed from
Bennington to connect the roads, and a $250,000 mortgage has been
authorized, of which $90,000 reserved for future needs. Expects to
construct its own power plant, and shareholders have authorized an
inerease in the stock from $160,000 to $200,000.
Interest. Outstand'g. Maturity.
Dute.
BONDS
STOCK
$130,000
Stock, com., $130,000 ($100)
Pref., noncum., non-voting,
30,000
5 per cent ($100)
160,000 Jan.1,1928
897 Pg. J-J
Ben. &H.V. 1st M., $250,000,
gold ($500 and $100)
I Int. at Intern'l Trust, Boston, trustee.
Road— 16^ miles long, connecting Bennington and Hoosick Falls.
Owns ten double motors, seven closed and nine open cars. Sixty-
—
n
pound T rails.
Earnings— For
9 months ending Dec. 31, 1899, gross, $26,604.
President, George E. Greene; Vice-President, W. M. Holmes; Treasurer, I. E. Gibson, Bennington, Vt.; Sec. and 8upt E. H. Libby, Hoosick Falls.
DIRECTORS— Edward L. Bates. Irving E. Gibson, George E. Greene,
Joseph Buckley, Watson M. Holmes, Levi E. Worden. F. S. Donnell, J.
B. V. Quackenbush and Frank H. White.
,
HORNELLSV1LLE,
N. Y.
Population 1890 was 10,996 in 1880 was 8,195
and in 1870 was 4,552.
;
HORNELLSVILLE ELECTRIC RAILWAY
—A trolley road.
Organization—Chartered Dec. 16, 1891. Road completed in 1893.
Date. Interest. Outstand'g.
Maturity.
STOCK & BONDS
$50,000
Stock, $50,000 (par, $100)
1898 4 J-J
70,000 July 1, 1918
New 1st mortgage ($500)
Road— Single track main line in city, 4 34 miles; branch line, 50:
sidings, -22 total of all, 5 06 miles.
-
-
-
;
'
Earnings— For years ending June 30
Net
Other inc. Int. <& taxes.
Balance.
def.$379 $2,060
$3,258
def. $1,577
def. 987
7,054
4,111
eur 1,956
OFFICERS— President, Charles Adsit; Vice-President. F. D. Sherwood; Secretary. De Merville Page; Treasurer & Supt., George T.
Gross.
$11,700
10,904
1898-99
1897-98
Rehn,
all
HORNELLSVILLE & CANISTEO RY4-32
STOCK
&
BONDS—
Date.
Owns
miles
Interest. Outstanding.
Maturity.
1898
4
A&O
$50,000
80,000
Oct. 1,
1918
Earnings— Year ending June 30
Net.
Gross.
Other Income. Int.
<6
Taxes. Surplus.
$4,677
$25
$3,802
OFFICERS— President, D. M. Page; Secretary, Charles Adstt.
1898-99
$62,046
64,048
76,479
$15,039
Bal., sur.
$7,825
11,645
55,887
<£
1T22.272
IT Includes interest ($15,372) only from Sept. 1, 1896, 4 months.
OFFICERS— President and Treasurer, A. N. Parlin; Vice-Pres. and
General Manager, H. F. McGregor; Secretary and Assistant Treasurer,
J. W. Payne.
Directors— A. N. Parlin and George E. Smith of Boston; Austin
Corbin of New York, and F. J. De Meritt, H.F. MacGregor, J. H. Kirby,
T. W. House, W. D. Cleveland and D. D. Corley, of Houston.— V. 61, p.
112. 281, 611, 925 V. 62, p. 84, 277, 548, 869 V. 63, p. 229; V. 66, p.
;
;
HOUSTON HEIGHTS ELECTRIC STREET
RAILWAYOrganization—This line starts from the manufacturing portion of
Houston Heights, extends througL the residence district, and terminates in the centre of Houston, affording rapid transit to and from all
portions of the Heights. Mortgage is for $100,000 and is dated 1893;
interest in default since May 1, 1895. Still in delault Jan., 1900
OFFICERS— President, Edw. S.
Secretary and Treasurer, D.
ritt;
Ellis;
Vice President, F.
J.DeMer-
D. Cooley.
HUDSON,
N. Y.
Population 1890 was 9,970; in 1880 was 8,670;
and in 1870 was 8,nl5.
ALBANY & HUDSON RAILWAY & POWER
-Is a consolidation of Hudson Street Railway, Hudson Light & Power
Co Kinderhook & Hudson RR., Greenbush & Nassau Electric Ry.,
Citizens' Electric Light & Power of Hudson and Kinderhook Power &
Light Co. Intention is to build an eleotrio line between Hudson
and Albany, to be operated by the third-rail system; the new company,
it was reported would build a 10-mile connecting link between Niverville and Albany and alf o a new steel bridge at Rensselaer 1,900 feet
long to cross the New York Central and Boston & Albany railroads.
It will also supply light and power along its route. The conversion of
the entire system to the third-rail electric will be completed by
August, 1900, by which time the entire system will be in operation.
In Nov., 1899, contracts had been given for all new construction
of road-bed, bridges, hydraulic power station, dams, &c.
,
Dite. Interest. Outstand'g.
Maturity.
STOCK and Bonds—
$2.5o0,000 ($100)
$2,000,000
1st mort, gold ($1,000), J 1899 5g. M.-S.
2,000,000 Mar. 1, 1939
$2,500,000
c* ? Colonial Trust Co., N. Y., Trustee.
No sinking fund, and bonds cannot be called.
Road—The railways will include 35 miles of main line and 4 miles of
sidings. In Feb., 1900, made contract giving it privilege to enter
Albany over the tracks of the United Traction of Albany.
EARNINGS— 3 mos. ending Dec 31, 1899, gross, $13,401; net, $6,378.
OFFICERS— President, Charles H. Werner, 32 Nassau St., N. Y.;
Treasurer, A. M. Young, 100 Broadway, N. Y.; Secretary, L. B. Grant,
32 Nassau, N. Y.—V. 68, p. 1181; V. 69, p. 743.
N. Y.
$900
AND
SPRINGS, ARK.
Population 1890 was 8,086; in 1880 was 3,554;
and in 1870 was 1,276.
HOT SPRINGS STREET R AILROAD-Trolley.
Organization—Chartered in 1894; successor to Hot Springs Electric
Street Railway. Controls Fountain & Suburban RR., 1 mile.
Date. Interest. Outstanding.
Maturity.
STOCK & BONDS—
$200,000
Stock, $500,000
1894 6g. J-D
200,000
June 1, 1924
1st mortgage, gold
Trustee is St. Louis Trust Company, St. Louis, Mo.
Road—Operates ll 8 miles of track. Extensions of 2 miles proposed
-
In 1899.
OFFICERS—President, 8. W. Fordyce; Secretary, C. E. Maurice;
Treasurer, General Manager and Purchasing Agent, C. G. Convers
in 1870
was
2,433.
HUNTINGTON RAILROAT3-A trolley road.
ORGANIZATION—Chartered in May, 1890. In 1898 the Long Island
RR. purchased almost the entire capital stock, and converted road
into a trolley line, being opened as such June 17, 1898. See L. I. RR.
item, V. 66, p. 1189.
Stock ($30,000) par $100. .$30,000
1st mortgage 5s, J&D
26,000
(Due June 2. 1920.)
Interest is payable at the Atlantic
Trust Company,
HOT
tax.
$56,439
54,442
Int.
Population 1890 was 3,028; in 1880 was 2,952:
of trolley track
Stock, $50,000. par, $100
1st mortgage ($300),$8 ,000
$202,620
189,857
202,240
Dec. 31
Other inc.
$2,218
2,039
1,680
HUNTINGTON,
of Hornellsville.
Organization, ETC.— Incorporated May 2, 1892.
from Hornellsville to Canisteo.
Net.
950.
Population
&
1898
1897
1896
Oross.
ROAD-Owns 3
New York City.
miles of traok.
Earnings—Year ending June 30:
1899.
1898.
$8,508
$4,737
def.3,952
1,300
1,1*3
1,300
Gross
Net
Charges
Dividend
Balance
Pres., W. H. Baldwin, Jr., Long Island City;
Bedford, 26 Broadway, New York.
(2M%)600
def. 5,252
def. 707
Sec. and Tieas., A. C.
INDIANAPOLIS, IND.
Population 1890 was 105,436; in 1880 was 75,056;
AND IN 1870 WAS 48,244.
BROAD RIPPLE TRACTION-A
trolley road.
The Indianapolis & Broad Ripple Rapid Transit
Co.
was
sold at
orecloeureon July 15, 1899, for $200,000 to W.F.Brown of Philadelphia, and the present company organized as its successor July 17,
1899. See V. 69, p. 180. It is reported the road will be operated
by interests friendly to the Indianapolis Street Railway, but a separate organization to be maintained.
STREET RAILWAYS.
Date. Rate. Outstand'g.
Stock and Bonds-
Stock $100,000 (par $100)
C
Mtg. gold, $400,000.
<
(
it is
ITHACA,
Maturity.
$100,000
1899
5
1929
400,000
Guar. Trust & Safe Deposit Co. (Phila.),
Trustee.
7 miles of track.
John
B. Warner. V. 68,
President,
OFFICERS—
ROAD— Embraces,
45
Population
in
N. Y.
1890 was 11,079; in 1880 was 9,105;
and IN 1870 was 8,462.
ITHACA STREET RAILWAYORGanization— Chartered Nov.
said,
p.
723, 871, 927,
1225; V. 69, p. 180.
18, 1884. Changed ownership about
1892, and property reconstructed. Leased the Cayuga Lake
Electric Railway in June, 1894, for 49 years upon the terms that it
shall pay principal and interest of the leased road's $25,000 first mortgage. Owns 6 miles and operates 7'5 miles of track, extending to
Cornell University tampus, railroad stations and steamboat landing
Date.
Interest.
Outstand'g.
Maturity.
BONDS—
STOCK
$300,000
Stock, $300,000,pr.$100
See text.
1892
1st mortgage
5
175,000 July 1, 1922
/ Int. payable at Farm. L.4T. Co., N. Y. City.
May
1,
|
INDIANAPOLIS STREET RAILROAD.-A trol
ley system.
Organization.— Incorporated in Indiana, March 7, 1899. After
acquiring the Citizens' Street RE. of Indianapolis and the City Kailroad, made a contract with the City of Indianapolis agreeing to surrender the rights and franchises of both companies and accept a
now franchise running only thirty-four years. The contract also provides that cash fares are not to exceed tire cents, with free transfers,
and tickets are to bo sold at the rate of six for twenty -live cents and
twenty-hve for one
dollar.
The company also binds itself to pay over to the city (which is to expend it on the publio works) the sum of $30,000 yearly, from 1899 to
1925. and $50,000 yearly, from 1926 to 1932, Inclusive, the contract
expiring in 1933— see V. 68, page 723. The city gets the right to purchase the property "at any time within two years and not later than
one year before the expiration of this contract," nothing to be paid for
the value of the franchise.
Under the plan of consolidation the stock of the Citizens' RR. was
exchanged for Indianapolis Street Ry. securities, but the bonds of the
Citizens* stockholders got a
Citizens' RR. remained undisturbed.
$1,000 4 p. c. gen. mtg. bond of the Indianapolis Street RR. and $200
in Indianapolis Street RR. stock for every 20 shares of Citizens' stock.
As to the three-cent- fare case, which the U. 8. Court of Appeals decided
in favor of the Citizens' Co. in Dec, 1897, see SUPPLEMENT of Nov.,
1898, and V. 64, p. 842, 1180; V. 65, p. 51, 181, 1172.
&
Date. Interest. Outstanding. Divideuds,d-c.
BONDS—
STOCK
$5,000,000
Capital stock ($100)
5.500.C00
1899 4 g. J-J
July 1, 1933
Indianapolis Street, M., )11899
Trust & Safe Dep. Co.,
($!,->
•Interest
Interest
Guar.
gold
at
$7,000,000
Phila., trustee.
000)
6
J-J
300,000 July 1, 1901
Citizens' St. Ry. ($1,000). .1881
5 g. M-N
3,700,000 May 1, 1933
Citizens' St. Ry. oonsol. ) 1893
3* 5$ Trustee Solicitors' Loan & Trust Co. of Phila.
M. $4,000,000 gold..c*
Interest due May and November on Citizens' consols of 1893 is
payable at Fourth Street National Bank, Philadelphia.
Citizens' consols are exempt as to principal and interest from any
tax which company may be required to pay. Of the $7,000,000
mortgage of 1899, $1,000,000 are reserved to take up the $300,000
lsts due July, 1901, and the $700,000 2ds due June 1, 1900, of the old
Citizens' Street road, but no bonds reserved for the $3,000,000 Citizens' consols. These $700,000 2ds, however, were in June, 1900,
taken up by the issue of additional Citizens' consols.
Stock and bonds are listed on the Philadelphia Stock Exchange.—
V. 69, p. 851.
Road In Oct., 1899, operated 111 miles of track, with 196 motor
cars and 92 trail cars.
Earnings— No late report of earnings. For year ending Dec. 31,
1897, the old Citizens' company was reported to have earned all of
fixed charges, taxes, and a balance for stock.— See V. 65, p. 1071.
For fiscal years ending April 30 gross earnings were: In 1897-98,
$978,964; in 1896-7, $922,727.
OFFICERS.— President, Hugh J. McQowan, Indianapolis; First VicePrest., J. A. Lemecb
Second Vice-Prest., Admiral George Brown;
Third Vice-Prest Joseph Neff, Philadelphia Secretary, Henry Jameson; Treasurer and Assistant Secretary. W. F. Milholland.
—V. 66, p. 81, 759, 856, 900, 953: V. 67, p. 28, 1308, 1356; V. 68, p. 40,
281,330,379,427,473,571,618,671,723,871,927, 1023; V. 69, p.
180, 743, 851 V. 70, p. 791, 945.
&
6J-J
6J-J
6J-D
1*94
2d mortgage
$75,000 July 1,1922
1894
Cayuga L.Elec.l st M.,gu
25,000 June 1,1922
Loans and bills payable June 30, 1899, $33 821.
Dividends.—In July, 1895, 3 per cent; in April, 1896, 3 p. c; 1896-7,
2 1* percent; in 1897-«, 2** per cent; in 1898-9, none.
Bonds— The Ithaca Street Railway Company owns and holds in its
treasury the entire stock of Brush-Swan Electric Light Co. (capital,
$50,000) and also the Ithaca Transfer Co. (capital, $2,500). The bond*
of the Ithaca Street Railway Oo. cover the above properties.
EARNINGS— For fiscal year ending June 30, 1899, gross, $75,<;:*0:
net, $27,628; interest and taxes, $23,646; balance, surplus, $3,982.
President, Edward G. Wyckoff; Secretaryand Treasurer, John A,
Mortimore; General Manager, H. S. Cooper; all of Ithaca.
JACKSON, MICH.
Population 1890 was 20,798; in 1880 was 16,105;
and in 1870 was 11,447.
JACKSON STREET RAILWAY-A trolley road.
Organization— Chartered Aug. 24, 1881. In September, 1897, W.
A. Foote, as receiver, was authorized to borrow $16,000 for repairs.
In Feb., 1900, still in receivers' hands and reorganization not agreed
upon.
JACKSONVILLE
JACKSONVILLE RAILWAY-A trolley road.
Organization— Chartered Feb.
Dale.
STOCK & BONDS
;
;
;
25, 1867.
Special perpetual charter.
Outstanding.
Maturity.
Stock $50,000, par $50
$33,450 f. p
lstmort., $75,000, gold.. 1892 6gJ-J
35,000
Jan. 1, 1912
Trustee is St. Louis Trust Co., of St. Louis, Mo. The bonds are not
subject to call before maturity.
ROAD— Owns 5 miles of track.
OFFICERS— President, Wm. S. Hook; Secretary, Marcus Hook; Treai.
urer, Francis Hook; Supt., Edward B. Kink.
—
,
ILL.
Population 1890 was 12,935; in 1880 was 10,927;
and ln 1870 was 9,203.
Interest.
JAMESTOWN,
N. Y.
Population 1890 was 16,038 in 1880 was 9,357
and in 1870 was 5,336.
;
JAMESTOWN STREET RAILWAY-A
trolley
road.
Organization— Incorporated Oct. 18, 1883. Franchise runstill 1982
Population served said to be upward of 28.000.
Dale.
Interest. Outstanding. Maturity.
BONDS—
STOCK
Stock ($250,000) par $50
$250,000
1st M. $300,000 gold, o*( 1893
6gJ-J
300,000 Jan. 2, 1923
$1,000
I Interest payable at State Trust Co., Trustee.
Bills payable June 30, 1899
$217,726
Open accounts
180,077
The mortgage is limited to $300,000 and covers all property and
&
now owned or hereafter acquired.
Earnings— For fiscal year ending June
rights
IRONDEQUOIT,
N. Y.
Tear.
30:
Other Inc.
yet.
Inc.
<t
taxes.
Bal.,sur.
1899
1898
Population 1890 was 2,415; in 1880 was 1,986;
and in 1870 WA8 3,990.
ROCHESTER & IRONDEQUOIT RAIL
ROAD—A trolley and steam road.
Organization— Chartered May 19, 1893, and Nov. 1, 1893, leased the
& Lake Ontario Railway at the rate of 15 per cent per
annum on its capital stock of $65,000. Da May, 1899, H. F. Atwood
was appointed receiver. Road been foreclosed, and is to be succeeded
by the Roohester & Suburban, which see.
Stock ($700,000)par $100.$700,000
Road —Owns 9 miles of single
Roohester
mortgage 5s, A&O.... 350,000 traok; leases 6 046 miles single
(Due Oct. 1, 1933.)
traok and '370 miles of sidings.
2nd mortgage, J&J.
125,000 — V. 67. p. 1209; V. 68, p. 929; V.
(Due July 1, 1918.)
70, p. 231.
1st
Gross.
-
$90,743
$33,220
$5,4H2
$2,307
$30,065
88,142
27,672
2,760
29,948
4fe4
18-67
Owns
miles
track,
of
of which 3 miles is second track.
Road—
President, A. N. Broadhead
Vice-President, L. B.
OFFICERS
Warner; Secretary, W. S. Cameron; Treasurer, S. B. Broadhead.
Superintendent and Purchasing Agent, G. E. Maltby; all of Jamestown.
;
JANESVILLE, WIS.
Population 1890 was 10.836;
and
in
in 1880 was 9,018
1870 was 8,789.
JANESVILLE STREET R Y.-A trolley road.
ORGANIZATION—Chartered in 1886. Franchise runs till 1916 and
gives exclusive rights to operate street railway in the city.
Mis. Date. Interest. Outstand'g. Maturity.
STOCK
BONDS—
Stock, par $100
$50,0O0f.p
lstmortgage
1892
6
75,000
Oct. 1, 1912
Mortgage trustee is the Finance Company, Philadelphia, Pa.
Dividends in 1892, 6 per cent; in 1893, 2 per cent; in 1894, none.
Earnings— In 1893 gross, $12,691 net, $1,640.
ROAD— Owns 6 miles of track. Rail, 35-lb. T.
Officers— President, G. W. Blabon, Philadelphia, Pa.; V;ce-Prea.
James Shearer; Sec and Treas.. E. L. Blabon.
&
ROCHESTER & SUBURBAN RYThis company
was incorporated at Albany in January, 1900, as a
reorganization of the Rochester <fe Irondequoit RR., with a capital
stock of $420,0u0, of which $350,000 is preferred.— V. 70, p. 231.
6A-0
;
IRONWOOD, MICH.
Population 1890 was 7,745;
in 1899 (ksiimated) 9,000.
TWIN CITY GENERAL ELECTRICSTOCK
&
BONDS
Road— Owns
Date.
-
Stock
Mortirare sm-o.uuo
*l"i 000
Mortgage,
i
Interest.
6J-D
Outstand'g.
Unt. at Old Colony Tr.
JEFFERSONVILLE
Maturity.
$400,000
125.000
Population 1890 was 10,666;
and in 1870 was
1913
Co. .Boston, trustee.
7>a miles of track.
Earnings— For year ending Nov.
in
CITY, IND.
1380 wa6 9.357;
7,254.
JEFFERSONVILLE CITY RAILWAY.
30, 1898, gross from lights, $49,000; frdm railway, $14,800; total, $63,800; net after paying interest,
etc, $12,319. Iu 1896-7, total gross, $62,320.
in
OFFICERS— President and General Mauager, E. D. Nelson;
President, H. M. Byllesby; Secretary and Treasurer, II. F. Jahn.
was decided to chancre to electricity. Office, 57-59 Spring St.
Officers— President, E. J. Howard: Superintendent, E. Fraier.
Vice-
Organization— Incorporated January 14. 18S9.
August. 1896, to Edward Howard for $8,200.
ROAD— Operated
Sold in foreclosure
5 miles of track with mules, but in M
-
m
STREET RAILWAYS.
46
JERSEY
CITY, N.
J.
Population 1890 was 163,003; in 1880 was 120,722;
AND IN 1870 was 82,540
*
NORTH JERSEY STREET RAILWAYcontrolled
controls
Is
by the Shanley-Young syndicate, which also
the newly-formed Jersey City Hoboken & Paterson Railway, the two
together owning praotically all the trolley roads in the northern part
New Jersey.
of
Organization— In January, 1898, the North Jersey Street Railway
absorbed the Newark & South Orange, 18 miles, and in May, 1898,
1 eased the lines
of the Consolidated Traction Co. for 999 years.— V. 66,
664,955, 1141
p.
& BONDS—
STOCK
Last div., etc.
$15,000,000
6,500,000 May 1, 1948
1898
4g. M-N
«i°nno^---*
Manhattan Trust Co., N. Y., trustee.
£
Miles. Date.
Interest. Outstanding.
Stock, $15,000,000
,
I
l8
'V*
nno
each.
:
.".
<fe Deposit Co., Trustee, Newark, N. J.
1898, made a mortgage to the Manhattan Trust Co.,
as trustee, to secure $15,000,000 50-year gold bonds, bearing 4 per
oent interest after May 4, 1899.— V. 66, p. 1046. In 1899 the two
mortgages of the Newark & South Orange, aggregating $2,000,000,
having been paid, were oanceled of record. -V. 68, p. 425.
ROAD— Owns and operates about 235 miles of track.
Earnings— For calendar year 1899 company reports as follows
FINANCIAL STATEMENT FOR YKAR ENDING DEC. 31, 18! 9
The following is an authoritative statement for 1899:
Receipts from passengers
$3,737,003
20.502
Receipts from other sources
Interest at Fidelity Title
Bonds— In May,
:
—
(S95
t
$3,757 505
1,780,047
wa'G'ross earnings
Operating expenses
Net earnings
Less interest and
all
$1 977,458
1,890 994
fixed charges
Surplus carried to protit and loss
$86,464
OFFICERS.— President, Edward F. C. Young; Vice-President, David
Young; Seoretary, Wilbur F. Johnson; Treasurer, E. N. Hill; Auditor,
E. H. Hibbs.— V. 66, p. 277, 573, 664. 955, 1046, 1141; V. 67, p. 75,
530; V. 68, p. 41, 525, 673; V. 69, p. 233; V. 70, p.
(1)
68 4. 1049,
1095.
CONSOLIDATED TRACTION OF NEW JERSEY-
March, 1893, to acquire control of
reaches from Jersey City to
Newark, Orange, Elizabeth, Bloomtteld, etc.; also carries passengers
to Passaic, thence by steamer to Bay Ridge, L. I., and via Long Island
RR. to Manhattan Beach and Coney Island. V. 65, p. 277.
On June 1, 1898, the property was taken over by North Jersey Street
Ry., which assumed all its obligations, under a 999-year lease that
guarantees 2 per cent on the stock for the first year, this rate increasing gradually until 4 per cent is reached at the end of eight years, 4
per cent being then guaranteed for the remainder of the lease. V. 66,
OrGanization— Incorporated
street railways in
in
New Jersey. System
—
1141.
p.
& Bonds Jan., '00. Date.
1906,
Thereafter,
3*2 per cent.
Interest. Outstanding.
4 per cent.
Divs.,
etc.
Stock, all paid in
$15,000,000
See text
Underlying bonds— see below
6,108,000
ist mortgage, gold
>
1 893 5 g J-D
15,000,000 June 1, 1933
$15,000,000 ($1,000) 5 Interest at Manhattan Tr. Co., N. Y„ trustee
Cost of road and equipment to Jan. 1, 1900
$37,780,583
Underlying Bonds.
Newark Passenger Ry. 1st consol. 5s, J&J, guar. p. & i
$4,250,000
. .
Interest at Peoples' Bank, Philadelphia.
Pass. Ry. sub. companies
l,600,OoO
Jersey City & Bergen Railroad
258,000
The gold bonds of 1893 are free from tax and secured not only by
mortgage, but also by deposit of $1,000,000 stock of J. C. A Bergen
RR., $161,625 stock of Newark Plank Road Co., $6,000,000 stock
Newark Passenger Ry., and $99,100 stock of Jersey City Harrison &
Kearney Railway Co.
ROAD.— In 1900 there was in operation 190 miles of track, inoluding
Newark
Road Absorbed—
N.
J.
Traction Co
Stock owned.
J. C.
Har.
Newark Pass'ger Ry. Stock owned.
J. C.
<fc
& K.
RR... Stock owned.
Newark Plank Road. Stock owned.
Stock o wned. Passaic <& Newark El.Stock owned.
Bergen RR
and mileage of the leased and controlled
. . .
Stock, debts
3£ilcs
New Jersey Traction Co
None
Newark Passenger Ry
Rapid Transit Street Ry
lines
Stock
Debts.
$500,000
83
12
6,000,000
$5,850,000
504,000
500,000
Jersey City & Bergen RR
41^
1,000,000
258,000
Jersey City Harrison & Kearney Ry. 10
18,000
Road
4*
Newark Plank
162,000
B
74,702
Passaic & Newark Elec. Trac
10%
1,000,000
550,000
Port Richmond <fe Bergen Pt. Ferry
4,000 shares
Earnings— Since lease earnings have been included in returns of
North Jersey Street Railway. Previously they were
For the year ending Dec. 31
1897.
1896.
1895
From passengers
$2,967,794
$2,779,264
$2,487,io4
Other income
25,658
21,318
20,452
:
:
Total
Operating expenses
Balance
$2,993,452
1,447,517
$2,800,532
1,468,440
$2,507,556
1,557,430
$1,545,935
$1,332,142
950,126
JERSEY CITY & BERGEN RAILROAD—
ROAD—Owns from Jersey City to Bergen Point, etc., total track, 41^
(2)
Controlled by Consolidated Traction Co., all the stock being
deposited as part security for the Traction Co. 1st mortgage.
miles.
STOCK
Stock
&
BONDS—
Date.
Interest.
Outstand'g.
Maturity.
$1,000,000 f.p
1st mortgage ($1,000).. o*. 1873
7 J. -J.
258,000
Jan. 1,1903
Total cost of road and equipment to Jan. 1, 1900, $1,442,298.
(3)
NEWARK PASSENGER RAILWAY—Mostly electric.
16, 1890.
On July 29, 1893,
999 years, and so controlled by the
ORGANIZATION— Incorporated June
eased to
New Jersey Traction for
&
M
&
-j
M
^q
.
(
;
(4)
RAPID TRANSIT STREET RAILWAY.
ORGANIZATION— In February, 1892, leased to Newark Passenger Hailway, and Included with it in lease to New Jersey Traction, and so forms
part of Consolidated Traction system. Rental is 11% per cent on
stock, besides interest, taxes, etc.
Outstanding. Last div., etc.
See text.
$504,000
C 1,000
500,000 Apr. 1,1921
5g A-O
1st M. $500,000, g..o"< Subject to call at 110 & int. anytime after April
1, 1901. Interest at office of Fidelity Trust &
f
Deposit Co., trustee, Newark, N. J.
Total cost of road and equipment to Jan. 1, 1900, $1,004,000.
Dividends of 11% per cent yearly are guaranteed by the Newark
Passenger and New Jersey Traction companies upon the trustees' certificates issued for stock. Miles of track 12-07.
STOCK, BONDS. ETC-— Par.
Stock, trustees' certs
(5)
PA8SAIC &
Interest.
11% J-D 30
NEWARK ELECTRIC TRACTION—A trolley road.
Organization— Incorporated April 30, 1895, and acquired all the
$1,000,000 stock of the Passaic & Newark Electric Ry. Consolidated
Traction Co. of New Jersey, which operates the road, owns all the
stock and guarantees the bonds.
Maturity.
Date. Interest. Outstand'g.
STOCK & BONDS—
Stock., $1,000,000 (par $100)
$1,000,000
1st M.,$l,000,000,guar. p&i. $ 1897 5
J-D
550,000 June 1, 1937
by Consol. Trac. of N. J. .. \ Int. at N. J. Title Gu. & Tr., Jersey City.
ROAD— Owns 10-78 miles of track.
Earnings—Now included
Dividends under lease will be
1899-1902,
1904-1905,
1903,
2 1^ per cent.
2 per cent.
3 per cent.
STOCK
Consolidated Traction Co. of New Jersey, the N. J. Traction Co. hav
lng been leased to the Consol. Traction Co. of N.J. Jan. 2, 1894, for
999 years. Charter said to be perpetual.
Lease and Rental— Rental under the lease, $105,000 yearly.
Maturity.
Par. Interest. Outstanding.
STOCK
BONDS—
Stock
$100 Text.
$6,000,000 Own. by C Tr.
New. &Blm. St. Ry. 1st.... f«3o 6
F-A
100,000 Feb. 1, 1901
496,500 Apr. 1, 1905
Oranire& Newark 1st M... J <=>§ $ 6 A ~°
Orange
\ Int at Manhattan Tr. Co., N. Y. City.
Essex Pass. cons.
M-N
g.^. 6
753,500 Nov. 1,1905
NewarkPass.Ry. 1st con. ) 1,0*00 5 g. J - J
July 1, 1930
4,500,000
1890, $6,000,000 g._.c* ? Trustee Solicitors Loan & Trust Co.. Phila.
The $6,000,000 stock is all deposited as security for the Consolidated
Traction Co. first mortgage.
Interest on consol. 5s is payable at First National Bank, Jersey
City
on other bonds at Manhattan Trust Co. of New York. The
consols are guaranteed principal and interest by the Consolidated
Traction Co. of New Jersey, and in February, 1895, the guaranty was
stamped on the bonds.— V. 59,
Consol. Bonds—Of the $6,000,000 consols, authorized $1,350,000 are
reserved to retire liens. The consols, are to be paid, principal and
interest, without deduction for any tax.
Jan. 1, 1900, total funded debt was $5,850,000 (no other debts reported) and total cost of road and equipment was $11,850,000.
Dividend.— First dividend (1 per cent) was declared in June, 1894.
ROAD— January 1, 1899, aggregated 83 miles of track.
EARNINGS are included in reports of Consol. Traction Co. of N. J. and
are not reported separately— V. 59, p. 969; V. 70, p. 1049.
NE^vVARK &
CO. —A
in Consolidated Traction.
HACKENSACK TRACTION
trolley road.
Organization—Incorporated
Feb., 1899, as a reorganization per
Unioa Traction
The main route is from Haokensack (where connection is had with New York via Bergen County
Traction Co.) along the ridge between the Hackensack and Passaic
rivers, through the towns of Hasbrouck Heights, Woodridge, Carlplan in V. 67,
p.
127
(see also V. 66, p. 1090), of the
Co. foreclosed Jan., '99. V. 68, p. 383.
East Rutherford, Rutherford, Lyndhurst, Kingsland, to Arlington on the east side and to Belleville on the west side of the Passaic
River, 30 miles of track; at Arlington connection is hal with Newark
via North Jersey Traction Co. In June, 1900, the road was in operation to Woodridge and expected to be completed to Hackensack
inside of two months.
stadt,
SECURITIES PROPOSED BY MC CORMICK PLAN.
STOCK
&
BONDS—
Stock, $650,000 ($50)
1st M., $500,000, gold
Date. Interest. Outstanding. Maturity.
voting trust)
$650,000 ...
1899
1949
500,000
5g.
The new mortgago covers the whole road, including the proposed
extension. Stock is represented by following voting trustees: D. W.
Coon, Frank M. Pierce and William C. Giles, for two years, or until
the trust shall be terminated by an instrument in writing signed by
each of the trustees.
OFFICERS— Pres., W. C. Giles, 41 Wall St., N. Y.; Vice-Pres., D. W.
Coon; freas., John H. Coon; fee, J. H. Coon, Jr.; tJupT. L. Wheeler.—
(in
V. 68, p. 383.
JOHNSTOWN,
PA.
Population 1890 was 21,805; in 1880 was 8,380;
and in 1870 was 6,028.
RY.-A
JOHNSTOWN PASSENGER
an increase
stock
In Sept., 1899, authorized
$800,000, and also the creation ol a
below.
trolley road.
from $250,000 to
new mortgage for $800,000, as
in
Date. Interest. Outstanding.
Maturity.
STOCK & BONDS—
Text.
$600,0(0
Stock $800,000, par $50
250,000
Mar. 1, 1910
General mort. $250,000, < 1890 6 M-S
c X Interest at Fidelity Trust, Trustee. Phila.
$1,000
Dec. 1, 1929
New con. mtg., $800,000 ) 1899 4g. J-D 200,000
c* S Int. at Guar. Trust Co.. N. Y., Trustee.
gold ($100)
Bills payable June 30, 1899
$80,295
Bonds - Of the new con. mtge. dated Dec. 1, 1899, $300,000 is re.
served to retire gen. mtge. bonds of $250,000 due Mar. 1, 1910; $200,000 to be issued forthwith; and the remaining $300,000 to be issued at
rate of $15,000 per mile of new single track hereafter to be constructed. Bonds can be called at 105 and accrued interest any time
before maturity, upon six weeks notice.
Dividends—In 1892,6 per cent; in 1893, July 1, 6 p. c; in 1894, July
I. 6 p. c; in 1895, 12 p. c; 1896, 6 p. c; 1897, 6 p. c; 1898, 6 p. c; In
1899, 8 p. o.
Gross, $70,113; net, $36,724
Latest Earnings— 5 mos.,) 1900
Gross, 54,335; net, 27,921
$1899
Jan. 1 to May 31.
STREET RAILWAYS.
Earnings— Year ending June 30, 1899, gross, $131,715; net, $69,942; interest and taxes, $24,282; dividends, $16,816; bal., surplus,
$28,844. In 1896-97, gross, $106,350; net, $50,157.
ROAD—Operates 11-3 miles of road 17 8 miles of track. In June,
1900, an extension of 8 miles from Johnstown to Windber was under
construction.
OFFICERS— President, Tom L. Johnson, Cleveland, O. Secretary,
D. E. Young; Treasurer, T. C. Dupont, Johnstown.— V. 69, p. 541.
-
;
;
JOLIET, ILL.
Population 1890 was 23,264; in 1880 was 11,657;
AND IN 1870 was 7.263.
For statement of this road, see
American Railways Co. under Philadelphia.
JOLIET RAILROAD—
17,853; in 18 "0
11,937;
1870 was 10,447.
in
MICHIGAN TRACTION OF KALAMAZOO
& BATTLE CREEK- Has been acquired
pany General. See statement
by Railways Com-
of the latter under Philadelphia.
KANKAKEE, 1880
ILL.
was
Population 1890 was 9,025;
in
KANKAKEE ELECTRIC RY.-A
5,651.
trolley road.
Organization— Chartered Jan. 7, 1891.
Miles. Date. Interest. Outstand'g.
Stock & BONDS—
Stock, $60,000 ($100)
1st,
mortgage
±si mortage,
Bonds assumed in consolidation of 1895
STOCK
&
Bonds—
Dale.
Interest.
Maturity.
$50,000
1891
6 J"J
50,000 July 1, 1911
J ? Trustee, the Northern Trust Co., Chicago, 111.
Road— In 1899 operated 8 miles of track.
—
Officers— President. E.Cobb; Vice-President, Chas. H.Cobb; Secretary and Treasurer, W. C. Schneider; General Manager, C. H. Cobb.
KANSASCITY, MO.
Population 1890 was 119,668; in 1880 was 55,785;
IN 1870 WAS 32.260; IN 1898 ESTIMATED AT 175,000.
Summit
Street M., old'/
—
M. pref. ($600,000)
gold ($1,000)
c*
IstM com ($2 000 000)
imlii ($1,000)
ra\%oo1
gold
1st
(
\
^
1892 6gJ-J
$600,000 July 1, 1922
1892 4
2,000,000 July 1,1922
Interest at Manhattan Trust Co. New
—
York
City, J-J.
Railway of Kansas
STOCK
Stock
&
City.
BONDS—
Date.
Interest.
Outstand'g.
Maturity.
(?)
5 g. M&N
$2,000,000
May 1, 1914
S Colonial Trust Co., trustee.
OFFICERS— Daniel B. Holmes, President; Henry C. Page, Secretary.
M., gold, $2,500,000
($l,000).c*
)
1899
KANSAS CITY LAWRENCE & TOPEKA.-A
trolley road.
Organization— Incorporated in Kansas Id 1899 to construct an
electrio railway from Kansas City through Lawrence, and the counties
of Leavenworth, Douglas and Shawnee, to Topefca. On Oct. 14, 1899,
W. E. Winner of Kansas City, purchased the old Lawrence & Emporia
Ry., extending from Lawrence to Carbondale, a distance of 31 miles,
and formerly a part of the Union Pacific system. The rails and part
of the roadbed will be used in the construction of the new road.
Date. Interest. Outsl'ding. Maturity.
STOCK AND BONDS—
Stock, $2,000.000
Bonds, $2,000.000
(?)
:
;
(trolley
Miles.
Roads owned.
and cable)107-83 Kansas City & Rosedale
and trolley.
Organization— Incorporated July 19, 1886. In Mav, 1894, the
company secured control, by purchase of all the capital stock, of the
Kansas City El. (20 58 miles) and assumed the debt of that company
In like manner it controls Kansas City & Rosedale St. Ry. and South
Suburban St. Ry. In June, 1895, the charters of all the constituent
companies were extended to 1925. V. 60, p. 1105; V. 67, p. 634. In
-
July, 1899, was granted franchises for various new lines, the company
agreeing to pay the city 2 per cent of the cash fares collected from
business originating on these lines. The Central Electrio Railway of
Kansas City, a new company, is also said to be controlled.
In October, 1898, P. D. Armour and Norman B. Ream purchased a
controlling interest in the stock, and in June, 1899, elected their own
board of directors.
In Jan., 1900, parties identifed with the Metropolitan Street
purchased control of the Kansas City Electric Light Co. and he
Edison Electric Light & Power Co., which together do the entire electric lighting and power business of Kansas City.
On Aug. 6, 1900, the stockholders will vote on a proposition to form
a new company with $10,000,000 5 p. c. non-cum. pref. stock and
$10,000,000 com. stock, each par $100. Metropolitan stockholders
will receive for $100 of their stook $100 of the new pref. and $50 of
the new common. They are also permitted to subscribe at par until
July 6 for $50 new pref.. reoeiving with the latter $25 of the new
common. It is proposed to raise $2,800,000 by the sale of the new
stock, to be used for extensions and improvements, including the converting of all the cable road to overhead trolley. The total outstanding stocks of the new company, after these arrangements have been
carried out, will be $8,379,000 pref. and $4,189,500 in common stock;
the balance of the new authorized stock, namely, $1,621,000 pref. and
$5,810,500 common, will be held in treasury. V. 70, p. 1194.
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
RR
&
M. ($1,000) dm. at 110.
—
Bonds
General mort. ($1,000,000)
Kold
K. O.
Q.— F. $5,586,800 Mavl,'00,m%
<
5gJ-J
893,000 July 1, 1916
payable at Central Trust Co., N. Y.
1889 5 gM-S
1,000,000 Sept. 1, 1909
\
i n t.
5
Int.
payable at
assumed in consolidation of 1895
Cable 1st M., ext. in ? X %?1 »g- f-O
uold is<V7
miar p.
n
goia,
ittvi, guar.
&nl...
c
^
New England Co., Boston.
$1,050,000 Apr 1, 1901
payable in New York by Blair
&Coalldin Bo8ton by New England Tr.Co.
Interest
is
Miles.
St.
646
250
Ry. (trolley)
Suburban St. Ry.
Kan. C. Elevated Ry.
So.
(trol'y)
(trol'y)
18-68
Total (single)
13547
In 1898 the Fifth Street cable line was converted into a trolley road,
and many of the other cable lines have also been or are being converted into trolley.— V. 67, p. 736.
Annual Report.— Fiscal year ends May 31. Earnings of thesystem
and its controlled lines are as follows:
1897-s.
J ear ending May HI.
1898-9.
Gross passenger receipts
$2,070,228
$1,922,818
Operating expenses
1,139,604
1,034,145
Net income from passengers
Otherincome
Total net income
Interest and taxes
$930,624
25,235
$888,673
27,010
$955,859
586,709
$915,683
573,880
Net income
$369,150
$341,803
Dividends paid
(3*2%) 195,538
(2%) 111,736
$173,612
114,827
$230,0P6
179,282
Assets written off
Balance surplus for year
$58,785
$50,784
of Board, P. A. Valentine; President, W. H.
Holmes; Vice-President, L. E. James; Sec. and Treasurer, W. E. Kirkpatrick; Auditor and Assistant Secretary, J. A. Harder; General Man-
METROPOLITAN STREET RAILWAY-Cable
8tock (see above)
Corrigan Con. St. Ry. 1st) 1886
p.
OFFICERS— Chairman
Colonial Trust Co., Trustee.
G. Pert; Treasurer, W. A. Bunker.
|
OFFICERS— President, Henry
30,000
2^
c; in 1897, 2 p. c; in
1898,21a p. c.; in 1899, 4 p. c; in 1900, Feb., 1»4 p. c; May, 114 p. c.
Bonds—The new consolidated mortgage for $8,500,000 was to be used
Reserved to retire when due the existing bonds of the
as follows
Corrigan, Metropolitan, Grand Avenue and Kansas City Cable issues
described in the table above, $4,550,000; for the purchase of the
property of the Kansas & Independence Rapid Transit Company, etc.,
being the amount of bonds issued on account of said properties by the
late Kansas City Cable Railway Company Consolidated, $2,075,900
(issued); for purchase of the West Side Railway Company, $330,000
(issued) for desirable improvements to the present system and for
future requirements the company held $329,000 consols in May, 1897.
Interest upon Kansas City Elevated Ry. 1st M. preference 6s is
guaranteed, principal and interest by endorsement, and upon 1st M.
common 5s 3 per cent per annum was guaranteed until July, 1895,
and 4 per cent thereafter.
Road— The total mileage, after counting double track as twice single,
is as follows:
SAS CITY-
of the Brooklyn Avenue Railway
be converted from a cable to a trolley line), the Northeast Electric
Railway, and some others. Controlled by the Metropolitan Street
«™
^
-
CENTRAL ELECTRIC RAILWAY OF KAN-
OrQANIZATION— Is a consolidation
Maturity,
a.?™
,
1QQ7 5A-0
A
a
i^i
1887
$300,000 Apr.
1, 1901
^
6sext. in 1897....
Avenue
Ry.
Grand
1st) 1888 5g.J-J10 1,200,000 July 10, 1908
mortgage, gold
c ( Trustee, Central Trust Co.
New mortgage
Metroplitan St. Ry. con. C 1895 5g. M-N
3,721,000 May 1, 1910
mortgage,
$8,500,000, < Not subject to call before maturity.
gold
c* C Int. at Old Colony Trust, trustee, Boston.
Securities of subsidianj roads —
Kansas City Elevated Ry.
Main line
(to
—
(Con.)
Outnlanding.
Kansas City Cable—
ParkConnec.Ry.,p.&i.gu
6
Dividends— In 1895, 2 p. c; in 1896,
KALAMAZOO, MICH.
Population 1890 was
was
and
47
ager, C. F. Holmes.— V. 65, p. 112, 1115: V. 67, p.
68, p. 1226; V. 69, p. 26, 540; V. 70, p. 176, 178.
NORTHEAST ELECTRIC
trie
Railway of Kansas
479, 634, 736; Y.
RY.—See
Central Elec-
City.
KEYPORT, N. J.
1900 (estimated)
MIDDLESEX & MONMOUTH ELECTRIC
and
Population 1890 was
LIGHT,
3,411; in
15,000.
HEAT & POWER.-Trolley
electric light.
company in 1899 acquired the Keyport & Matawan Street RR.
Motive power to be changed from horse to trolley. Extension of 12
to 15 miles proposed. Has installed an eleotric-lighting system and is
supplying the towns of Keyport, Matawan and South Amboy. Stock is
This
$50,000. Bonds, $50,000,5 per cent, interest payable semi-annually.
Mercantile Trust Co. of New York, trustee.
OFFICERS,— President, John Karr; Secretary and Treasurer, Frank
Bell,
120 Broadway,
New Yo rk.
CONN.
PEOPLE'S TRAMWAY CO -A
KIL.LINGL.Y,
Population
in
1890 w$s 7,027 and in 1880 was 6,929.
trolley road.
Organization.— Incorporated
in
1899 as a successor to the Thomp-
son & Putnam Street Ry. By special act of the Connecticut Legislature has a charter allowing it to own and operate street railways for the
transportation of passengers and property and to acquire and develop
water power; also to own and operate other companies. Franchise
perpetual.
Interest.
Outstanding.
Maturity.
STOCK AND BONDS— Date.
Stock. $4o0,000 (8100)
$400,000
1st mtge. S. F. gold. ) 1899
5 g. J-J
400,000
Oct, 2, 1929
($1,000) $600.000
$ Int. at Colonial Trust Co., N, Y., trustee.
Bonds.— Redeemable by number at 115 and interest after 1904.
Sinking Fund.- Beginning 1904 $11 50 per bond is set aside to buy
bonds up to a 4*2 per cent basis.
ROAD.— Owns and operates 18 miles of road connecting Killingly
with Danielson, Dayville, Putnam, Thompson, Grosvenordale and
North Grosvenordale. In June, 1900, extensions of 10 miles addi
tional were under construction.
OFFICERS-— President, F. A. Jacobs; Sec'y and Treas., H. Hobart
Porter, Jr., 31 Nassau St., New York; Gen. Manager, E. N. Sanderson.
-V.
70, p. 76.
STREET RAILWAYS.
43
KINGSTON,
N. Y,
Population 1890 was 21,261, and
in
,
1880 was 18,344.
COLONIAL CITY TRACTION
CO. -A trolley road.
ORGANIZATION— Organized Jan. 9, 1896, as successor to Colonial
City Electric Ry.. sold in foreclosure Dec. 12, 1895. Estimated population in 1900, 30,000.
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
&
Stock
$175,000
100,000 May 1, 1926
1896 5g. M-N
1st mortgage, gold
Ib96 5g. M-N
75,000 May 1,1946
2d M. incomes, gold
Manhattan Trust Co., N. Y., trustee of both mortgages.
ROAD— Operates 6 miles of track laid with 80-lb. girder rails.
Earnings—For year ending June 30, 1899, gross. $27,300; deficit
from operation, $4,825; taxes, $919. For year ending Dec. 31, 1898,
gross, $24,740; deficit from operation, $9,579; taxes, $1,050.
OFFICERS— President, Charles M. Preston; Secretary, John E. Kraft;
Treasurer, Abraham Hasbrouck.— V. 59, p. 1058. 1064.
KINGSTON CITY RAILROAD-A trolley road.
ORGANIZATION— Chartered June 5, 1879.
Bate. Interest.
STOCK & Bonds—
Stock, $150,000, $100
1st M., $500 each
Consols, $150,000, $1,000
Not sub.to call bef 'e mat.
Outstand'g.
Last div'd, etc.
See text.
$150,000
June 12, 1909
1879 7 J15,000
March 1, 1923
5M-S
135,000
< 1893
( Interest at Farmers' Loan & Trust Co. N. Y.
June 1, 1900
10,000
1890 5J-D
6quar.
On demand.
6,000
,
Debentures
Bond and mortgage
Dividends In 1896-97, 6 p. c; in 1897-98, 6, p. c; in 1898-99, 6 p. o
Interest— Interest, except on consols, is paid in Rondout.
ROAD— Owns 3-6 miles of track in City of Kingston. Rails 70 lb.
Latest Earnings— From Jan.
1
May
to
Date. Interest. Outstand'g.
Stock Etc.—
Last Div.
Stock, $100,000 (par $50)...
4%, '94-95
$100,000
1919
Bonds authorized, $91,000... $1899
I Int. at Am. Loan & Tr. Co., Boston.
DIVIDENDS— In 1893-94 paid 5. c; in 1894-95 paid 4 p. o.
ROAD— Owns 9 miles of track. In 1899 the road was extended to
Weirs, 4 miles, and the entire system equipped with electricity.
EARNINGS— For years ending Dec. 31
1899.
1898.
1899.
1898.
Gross
$21,424 $10,715 Interest
$2,227
$784
Net
3,206
975 Bal. for year
sur. 979
sur.191
OFFICERS— Pres , H. L. Pierce; Treas.. C. T. Foster; Sec, E Little.
5M-N
LA CROSSE, WIS.
Population 1890 was 25,090;
and
1899.
1898.
1899.
1898.
. .
Treasurer, Peter E. Schoonmaker
;
Auditor. O. L. Eastman.
^OO^
.'
10% 1893
)
6g. J - J
125,000 Jan. 1 19i8
gold,$l,000
Subject to call Jan. 1,1903.
$
Interest at Northern Trust Co., trustee, Chicago, 111.
DIVIDENDS— For 1892, 7 per cent; 1893, none; 1894, 7 per oent; 1898,
7 per cent; 1899, 7 per oent.
ROAD— Owns 10-36 miles in city of Lacrosse.
OFFICERS— President, B. E. Edwards; Vice-President,
Secretary, H. E. West; Treasurer. R. C. Whelpley.
LAFAYETTE,
voted
KNOXVILLE TRACTION COMPANY-A
trol-
ley and electric light enterprise.
ORGANIZATION—A consolidation Mar. 30, 1898, of Knoxville Street
RR., Union Ry., Citizens' Ry. and West End Street RR all of whose
bonds, mortgages at d stock have been surrendered and canceled. All
the securities of Knox. Elec. Light & Power Co., a consolidation of all
the light and power companies in Knoxville, are owned by the Traction Company, and pledged as part security for the new bonds below
described.—V. 66, p. 709.
Franchise is perpetual and gives " practically exclusive " right to
operate street railways in the city.
Par. Interest. Outstand'g. Maturity.
STOCK
BONDS—
Stock, $750,000
100
$750,000
1st M.of '98, $850,000, gold, ) $1,000 5g.A<feO
850,000 Apr. 1,'38
tax free
Int.
at trustee, Bait. Tr. & Gu. Co., Bait.
)
Bonds will have sinking fund of $10,000 yearly after stock pays 5
per cent dividend, but will not be subject to call. As said above,
mortgage covers the electric light and power plants as well as the
30 miles of road.
ROAD Owns about 30 miles of trolley road.
Earnings— No late report of earnings. For nine months ending Dec.
31, 1898, gross, $139,736; net, $72,899; charges, $37,130; balance,
$35,769.
Officers— President, Franks. Hambleton, Baltimore; Vice-President
and General Manager, C. C. Howell Secretary and Treasurer, W. 8
Shields.— V. 66, p. 709.
,
&
—
LAFAYETTE STREET RY.-A trolley road.
STOCK
&
BONDS—
IND.
CITY STREET
,
Miles. Date. Interest. Outstanding.
M-N
Maturity.
$100,000
75,000
4?8
1892 6
Nov. 1, 1912
about 4 78 miles of track in Kokomo.
OFFICERS— President, Fremont Woodruff, Detroit; Vioe-President,
L. J. Klrkpatrick, Kokomo; Secretary and Treasurer, William P.
1st M., $75,000
Road—Operates
Stevens, Detroit— V. 68,
p. 85,
130, 282.
LACONIA,
J&D
)
Maturity.
$260,050
38,000
225,000
,
Real Estate Trust Co., Philadelphia, trustee.
Owns 17*2 miles standard-gauge road.
OFFICERS— Pres.,WarrenG.Griflith; See. and Treas., J. T. Henderson.
5
and
in 1870
was
20,233.
CONESTOGA TRACTION-A trolley road.
Organization— Chartered in Pennsylvania Dec, 1899, and acquired
at foreclosure the lines of the Pennsylvania Traction, sold in Nov.,
1899. In the reorganization the old 5s and5>ssof the Pennsylvania
Traction Co. are replaced by the 4 per cent bonds below. The property
com prises an extensive system of
lines in Lancaster City and Lancaster
County. Important extensions are planned to provide connection
with Philadelphia and with Reading.
STOCK
&
BONDS—
Date.
Interest.
Stock, common, $3,200,000
Stock, preferred,
800,000
Outstand'g.
Maturity.
(?)
(?)
Mortgage, $2,000,000
4
$1,028,000
Securities of lines controlled.
LancasterCityRR.,lstM.g c* < 1890 5g. A-O
160,000 Apr. 1, 1920
($100 and $500)
\ Trustee, Atlantic Trust Co. New York
W.E.St. Ry. 1st M., $225,000< 1891 5 M-N
225.000 May 1, 1921
$100, $500 and $1,000 .c* I Trustee, Atlantic Trust Co., New York.
Lancaster & Columbia stock.
...
30 F-A
37,500 In '98-99, 30%
lstmortgage
1893 5 A-O
225,000
1923
ROAD— The Pennsylvania Traction operated 63 miles of track, including old Lancaster Traction, 29 miles; Lancaster City Street Ry.,
18 miles; Lancaster & Columbia, 8 miles; Lancaster & Latitz, 10 miles.
EARNINGS— For year ending Nov. 30, 1899, the Pennsylvania Traction earned, gross, $224,109; net, $101,350.
OFFICERS—President, William B. Given, Columbia; Treasurer, Oscar
M. Hoffman, Columbia; Gen. Supt., Frank S. Given.
INDEX—V. 66, p. 83; V. 67, p. 1208; V. 69, p. 131, 1063; V. 70, p. 175.
'.'.'.'.'.'.
,
.
LANSING, MICH.
Population in 1890 was 13,102; in 1880 was 8,319;
and
RY.-A trolley road. In
Jan 1899, Charles L. Harry was appointed receiver. V. 68, p. 130.
Purchased at foreclosure sale on Jan. 28, 1899, by W. P. Stevens of
Detroit, ownerof Kokomo Railway &Light Co., and it was said$90,000
bonds would be issued and roadimproved and extended.— V.6d,p. 282.
In May, 1900, it was reported the Central Traction Company had
a ninety-day option on the property.
BONDS—
Outstanding.
Interest.
in 1870
was
5.241.
LANSING CITY ELECTRIC RY.-A trolley road.
POPULATION 1890 was 8,261; in 1880 was 4,042;
and in 1870 was 2,177.
&
Dale.
__
Stock (common), per $50
do preferred,
1st mort. ($1,000 each)..
;
STOCK
IND.
Population 1890 was 32,011; in 1880 was 25,769;
(August, 1897.) to consolidate; population of consolidated cities estimated by officials of Knoxville Traction Co. in 1898 at about 52,000.
Stock
Carglll
Population IN 1890 was 16,243; in 1880 WAS 14,860.
;
KOKOMO
W. W.
LANCASTER, PA.
Population 1890 was 22,535 in 1880 was 9,693.
Knoxville, North Knoxville and West Knoxville
KOKOMO,
14,505;
1st mort., $175,000,
KNOXVILLE, TENN.
Cities
was
7,785.
LACROSSE CITY RAILWAY-
31, 1900, gross, $21,918;
3 6
Av'ge miles op.
36 Taxes
$2,392 $2,169
9.000
9,000
Gross earnings.. $67,540 $60,746 Dividends
Net
25,013
1,756
21,584 BaL.sur. for year... 4,961
Interest paid
8,660
8,660
OFFICERS— President, S. D. Coykendall; Vice-President, General
Manager and Purchasing Agent, George Coykendall; Secretary and
in 1880
was
ORGANIZATION— Chartered Nov. 17, 1885. Franchise runs till 1938.
Sale.
STOCK & BONDS— Miles. Date.
Outstand'g. Last div., etc.
200 000
below.
See
$200,000 f. p. J ° 1899,
.':^?
{
in 1899, $21,704.
For years ending June 30
in 1870
N. H.
Population (township) 1890 was 6,143; in 1880 was
and in 1870 was 2,309.
3,790;
LACONIA STREET RAILWAY-
Organization— Franchise granted in 1889 and runs 30
Interest was in default, but subsequently paid.
Date. Interest. Outstanding.
STOCK & BONDS—
Stock, $100,000
1st M., $100,000, gold.
Trustee
1896
5g. J&J.
$100,000
100,000
years.
Maturity.
Jan.' i',
1945
Continental Trust Co., N. Y.
ROAD— Owns 10 miles of track, 11 motor cars and 7 trailers.
EARNINGS —Jan. 1 to June 30, 1897 (6 months), gross, $12,295; net,
is
$2,965.
LANSING DEXTER & ANN
TRIC RY.-To be a trolley road.
ARBOR ELEC-
Organization— Chartered in 1898. To extend through tho places
named, about 60 miles, connecting with the Detroit Ypsilanti &
Ann Arbor RR., making a complete electric line from Detroit to Lans-.ing of over 80 miles. Stock, $250,000. In 1899 it was understood
that the Westinghouse Co. had arranged to float bonds to be issued to
the extent of $1,175,000. President, C. A. Mapes, Lansing, Michigan.
LEAVENWORTH, KAN.
Population 1890 was 19,768; in 1880 was 16,546;
and in 1870 was 17,873.
ORGANIZATION—Successor to the Laconia & Lakeport St. Ry.ln 1894.
KANSAS CITY & LEAVENWORTH-Trolley.
Population in 1897 about 15,000. In August, 1898, a controlling interest was purchased by Charles T. Foster and H. L. Pierce of Leominister, Mass., and George H. Cook of Athol, Mass.
Acquired by contract in 1899 the property of the Leavenworth &
Lansing Railway and of the Kensington Railway, and built a line between Kansas City and Leavenworth (21 miles) which was put in
,
STREET RAILWAYS.
operation Jan., 1900. Same parties have also acquired a controlling
that
interest in the Leavenworth Electric, hut no consolidation with
lines,
road. Capital>tock is $1,000,000. There will be issued on all the
exclusive of the Leavenworth Klectric Road, $000,000 6 per cent
bonds; the $45,000 bonds of the Leavenworth & Lansing Ry., also the
$50,000 bonds on the Kensington line, will be retired.
OFFICERS.-Pres.,D. H. Kimberly, of Cleveland; Treas., C. O Evarts,
1 25.
ot Cleveland; Sec, Herbert W. Wolcott, Leavenworth, Kan.— V.TO.p.
Combination arranged by a syndicate represented by John L. Williams
& Sons, of Richmond, and Middendorf, Oliver Co.. of Baltimore.
STOCK & BONDS— The new company filed amended articles of incorporation in July, 1899, Increasing the stock from $1,000,000 to
$1,500,000. Under the terms of the new mortgage a sinking fund is
provided which retires the whole issue of bonds at maturity.
<fc
franchise.
in 1894.
Iu June, 1899, a controlling interest in this company was acquired
by the parties owning the Kansas City & Leavenworth. No consolidation has been made of the two.
Miles. Date. Interest. Outsland'g. Maturity.
BONDS—
STOCK
ORGANIZATION—
&
$250,000 f.p
Stock $300,000, par $100
250,000
1924
Istmort. for$3d0,000 < 13^ 1894 6g. A-O
c. ( Int'st at Atlantic Trust Co., trustee.N. Y. City
gold, no option
ROAD ETC.— Owns in fee 14*2 miles of trolley track, o* which 8*3
miles are iu the city of Leavenworth, 3 miles to Fort Leavenworth and
2 miles to Soldiers' Home and 1 mile to Mt. Muncie Cemetery.
Earnings— For calendar year earnings have been:
1898
(Cal. year)..
Interest.
Net.
Interest.
283, 743.
LIMA, N. Y.
in 1880 was 1,878.
LIMA-HONEOYE LIGHT & RR.-Atrolleyroad.
Bal.,surp.
Population 1890 was 1,003;
$8,775
$15,000
$23,775
$61,144
OuUtand'g, Maturity.
9800,000
1891 6 g. A-O
138,000 Apr. 1, 1916
Pas'gerA Belt. 1st M. ) 13
$200,000, ($1,000) l Int. at Amer. Tr. ic Sav'gs Bk., Chicago, tnutee
1899 5 g. J-D $737,000 June 1,1949
New M., $1,500,000, 7 ..
g.($l,000)$l,000o* 5 Continental Trust Co., Laltimore, trust
ROAD— Operates 14 miles of track on 10 miles of street. Track,
standard gauge, 50-60-lb. T rails; owns 44 cars.
EARNINGS— For 12 months to May 12, 1900: Gross, $173,238; net,
$78,309; interest and taxes, $52,429; surplus, $25,880.
OFFICERS— President, R. Lancaster Williams, Richmond; Vice-Pres!dent, George W. Darnall; Treasurer, R. P. Stoll; 8ec, T. D. Murray;
Gen. Man., E. C. Hathaway.— V. 68, p. 380, 977, 1077; V. 69, p. 229,
Date.
Miles.
8tK,$l,500.000($100)
ELECTRIC RR.-Atrolleyroad.
LEAVENWORTH
Has a perpetual
Chartered
Gross.
49
Owns
LEBANON, PA.
Population
in 1890
and
was
14,664; In 1880
in 1870
was
was 8,778
;
6,727.
ANNVILLE ST. RY.-For statement
LEBANONsee& "United
Power & Transportation," under Phila-
of this
compauy
delphia.
.
LEOMINSTER, MASS.
9,211; in 1890 was 7,269;
1880 was 5,772; and in 1870 was 3,894.
Population in 1895 was
in
a 4Vmileroad over private right of way between the villages
Lima and Honeoye Falls. Also operates an electric-light plant,
which supplies light to the villages of Lima and Honeoye. In Jan.,
1899, C. B.Hill of Buffalo was appointed receiver and road has been
sold in foreclosure. On June 1, 1900, property was In process of reor-
of
LEOMINSTER & CLINTON STREET RAILWAY-A trolley road.
Owns a park three miles from
Organization, Etc.— Built in 1896.
Leominster. In 1896 Leominster was reported to have a population
of 10,000 and Clinton 12.000.
Maturity.
Date. Interest. Outstanding.
BONDS—
STOCK
$150,000
Stock $150,000
Apr. 1,1917
148,000
5 g. A-O
1st M., $150,000 ($1,000)) 1897
subject to call at 105, s. > Interest at Ainer. Loan <te Trust Co., Boston.
c> Trustee.
f., gold
Apr. 1,1912
6 A-O
45,000
1897
15-vear coupon notes....
32,767
Loans Oot. 1. 1899
First mort. sinking fund $2,000 per annum, beginning Oct. 1, 1898.
ROAD— Owns 12-17 miles of track.
EARNINGS— iear ending Sept. 30, 1899, gross, $50,266; net, $26,088;
interest, taxes, etc., $18,971; balance, surplus, $7,117. In 1898, gross,
$43,626 net, $18,239.
OFFICERS-— President, C.E. Barnes, Maiden; Vice-Pres.,G. R. Damon;
Treas., Chas. E. Hudson; Clerk, J. F. Butman; Supt., G. H. Burgess,
all of Leominster.
&
LEWISTON, ME.
Population 1890 was 21,701; in 1880 was 19,083;
and in 1870 was 13.600.
ganization, but details not quite settled.
Stock, $125,000; par, $100; all issued. Bonds, $40,000 30-year
gold 5s, dated Oct. 1, 1898 ($500 each); interest at Buffalo Loan Trust
& Safe Deposit Co., Buffalo, N. Y., trustee. In Juue, 1899, order
was issued restraining the further transfer of bonds. President,
Albert L. Williams, of Buffalo, N. Y.; Sec. and Treasurer, John C.
Conway.— V. 67, p. 901 V. 69, p. 1103.
;
LIMA, OHIO.
Population 1890 was 15,981;
and in 1870 was
LIMA RAILWAY-A
estimate), 28,000.
Organization— Incorporated Nov.
STOCK
&
BONDS—
in 1897 and purchased the Brunswick &
Ry., 3hi miles; also purohased the Brunswick RR., and in
August, 1898, the Lewlston & Auburn RR., subject to $85,000 first
mortgage bonds; also has leased the Bath Street Ry., 4*2 miles, for 999
Extensions
years, from July 1, 1898, at 4 p. c. on $100,000 stock.
wore being pushed in 1899, entire system to embraoe 66*3 miles, connecting Bath with Brunswick, Lewiston, Auburn, Turner, Sabattus, ete.
Dale. Interest. Outsland'g. Maturity.
BONDS—
STOCK
$500,000
Stock, $500,000; par, $100
Istmort., $1,000,000, gold....
1898 5g.M-S
778,000 Mar.,1918
&
Underlying securities —
Bath Street Ry—
Stk.au. $300,000, par $100
Div., 4%
$100,000
70,000 July 1 1913
o* Subject to call after July 1,1898
$1,000
85,000 June 1, 1911
Lewlston & Auburn RR. 1st M. 1891 5 J-D
Of the $1,000,000 new 5 per cent bonds of 1898 $155,000 are held
in trust to retire the underlying bonds, $67,000 to purchase Bath
Street Ry. stock and $778,000 were delivered for corporate purposes.
ROAD— Owns former Brunswick RR., 3*2 miles, and former Lewiston
& Auburn RR., 14 1* miles, and also operates under lease from July 1,
1898, Bath Street Ry., 4ifl miles. Bath to Lewiston, 26 miles, and
Lewiston to Sabattus, 6 n.i^es. operated from Sept., 1898. Projected.
Lewlston to Turner, 12 mlies; total 66^ miles.
EARNINGS-Year ending June 30, 1899 (54^ miles), gross, $213,278;
1st mort., $300,000, gold...
J
4 J-J
1893 5g. J-J
,
(
net, $105,181.
OFFICERS— President. A. H. Shaw. Bath, Me.; Vice-Pres. and Gen.
Man., A. F. Gerald, Fairfield, Me.; Treas., S. A. Nye, Waterville, Me.
General Office, Waterville, Me.— V. 66, p. 1001 V. 67, p. 481, 634.
;
$200,000 Nov.,'99, 3%
1896 5 g. J-D
200,000 Dec. 1, 1916
1st mort., $200,000, gold, Int. at Dime Sav.
& Bkg. Co., Cleveland,
c*;
($500)
trustee; also at Fourth Nat. Bk., N. Y.
Bonds may be called in 1907, at par, on four weeks notice.
Road— Operates 11 miles of track.
Gross, $2P,325: net, $7,603
Latest Earnings— 7 mos.,) 1900
Nov. 1 to May 31
Gross, 24,753; net, 8,063
$1899
REPORT—Year ending Oct. 31, 1899, gross, $47,285; net, $17,747;
in 1897-98, gross, $41,467; net, $16,003; in 1896-7, gross, $35,523; net,
$12,911. President, E. W. Moore; Vice-President, Edwin Stone; Secretary, Treasurer and General Manager, Fred. C. Becker, Lima, Ohio.— V.
62, p. 502.
1
LINCOLN, NEB.
Population 1890 was 55,154; and in 1880 was 13.003.
LINCOLN TRACTION-A trolley road.
Organization— Successor in January, 1898, to Lincoln Street Ry.,
foreclosed Dec. 17, 1897, and reorganized per plan in V. 65, p. 277.
Maturity.
STOCK & BONDS— Miles. Date. Interest. Outsland'g.
Com. stock, par $100
$365,000
Preferred cumulative
Istmort. gold, $1,000;)
5p.c.
700,000
.... 1897
5p.c.
100,000
1919
auth
Trustee,
N.
Y.
Security
$100,000
&, Trust Co.
$
1S99.
1898.
Earnings— Calendar year:
Gross earnings
$132,996
$114,412
Operating expenses and reconstruction
147,931
95,887
Net
Road— Owns about 40 miles of track.
Havelock, 2^ miles, was completed.
Population 1890 was 21,567; in 1880 was 16,656;
and in 1870 was 14.801.
LEXINGTON RAI LAV AY.-A trolley road.
Organization—Organized Feb. 11, 1899, as a consolidation of the
Belt Eleotric Line, the Passenger & Belt Ry. (formerly leased), the Hercules Ice CO. and the Lexington Ice Manuf.
Storage Co. Charter
perpetual. New management assumed charge on May 13, 1899.
Embraces all the street railways of Lexington, together with ice
factories; also operates all the city electrio light and power business.
&
.def. $14,935
£18,525
In Oct., 1898, an extension to
OFFICERS— (Jan 1900) President, M. L. Scudder Vice-President,
Win. Belcher; Sec'y and Treas'r, F. H. Carter, 32 Liberty St., N. Y.— V.
66, p. 82, 134, 336.
,
:
;
LITTLE ROCK, ARK.
13.138.
1880 w
LITTLE ROCK TRACTION & ELECTRIC-Population 1890 was 25.674;
in
vs
Organization— Incorporated 1895; controlsall stieetniilwaysincity.
Receivership— On May 5, 1900, President A. N. Johnson was on his
own petition appointed Receiver, alleging that his company was unable to operate its cars on account of the strike and boycott. In
Juno, 1900. local interests, headed by Mayor Jas. A. Woodseu, purchased control of the road and elected new otlicers as below.— V. 70,
p.
LEXINGTON, KY.
is
Stock, $200,000 (par $100)
LEWISTON BRUNSWICK & BATH ST. RY.
Organization— Organized
5, 1896. Extensions and improvereported in first-class condition.
Date. Interest. Outsland'g.
Maturity.
ments have been made and road
— A trolley road
Topsham
in 1880 was 7,567;
4,500.
trolley road. Population 1900 (local
945. 1095.
&
Maturity.
Date. Interest. Outsland'q.
BONDS—
Stock, $500,000: par $100
$500,000
1st mort. l)onds,$450,000,g. ( 1895 6 g. J-D
400.000 June 1. 191S
(see text), $1,000 each. c* \ Interest ;it St Louis Trust Co.. trustee.
2d M. $300,000, g.($1.0O0) \ 1895 6 g. J-D
300,000 June 1. 1915
red. after 5 years at 104 \ Old Colony Trust. Boston, trustee.
Firsts, Nos. 1 to 300, redeemable after 10 years from their date at
par, but redeemable before 10 years at 102; balance are 20-year
straight. Road— Operates 20 miles of track.
OFFICERS— President and General Manager, James A. Woodson
Vice-Prest., Oscar Davis; Secretary, G. B. Rose; Treasurer. Charles F.
Penzel, all of Little Rock, Ark
V. 60, p. 1009; V. 70, p. 945, 1095.
STOCK
,
—
STREET RAILWAYS.
50
LOCK HAVEN,
Population 1890 was 7.358;
in
PA.
1880 was 5,845.
SUSQUEHANNA TRACTION-A
trolley road.
Organization—This company was organized in 1900 as successor
to the Lock Haven Traction, which was sold at foreclosure in March,
William B. Given, of Columbia, is temporary President. A. N.
189i).
Chandler & Co. of Philadelphia are understood to be interested.
Road— Four and one-half miles of track.
Earnings of the Lock Haven Traction for year ending June 30,
In 1896-97, gross, $17,288; net,
1899. gross, $15,307; net, $232.
$2,693.— V. 65, p. 685; V. 70, p. 633, 947.
LOGANSPORT,
Population
in
IND.
1897 (estimated) was 17,500, in 1890 was 13,328
AND IN 1880 WAS 11,198.
LOGANSPORT ROCHESTER & NORTHERN
TRACTION— A trolley road.
electric
Organization.— Incorporated in July, 1899. to build an
road from Logansport, Ind., in a northeasterly direction, through the
towns rf Mentone, Warsaw, Wawasee, Albion Briintield to Kendallville, a total distance of 101 miles, with branch lines of 20 miles additional. Charter contains provisions for the carrying of freight in bulk
,
for
steam roads.
&
Maturity.
Outstanding.
Interest.
BONDS.— Date.
STOCK
$1,000 000
Stock, $1,000,000
May 1, 1950
5 g. M-N
4,000.000
1st M. gold (1,000).} 1900
$4,000,t 00 c
\ int. at Mercantile Trust Co., N. Y., Trustee.
Road.— In June. 1900, construction was under way and entire road
to be finished by November, 1901; 70-lb. steel rails; standard gauge
OFFICERS.—President, J. T.McNary.Logansport; Vice-Prest., L. "W.
Walker, Albion; Secretary, G-. W. Holman, Rochester; Treasurer, B.
F. Keesling, Logansport.— V. 70, p. 945, 996.
LONG BRANCH,
Population 1890 was 7,231
N.
in 1880
;
was 3,833.
RR.-Trolley.
Organization— Incorporated in May, 1895. Leases the Seashore
Railway of Asbury Park for 50 years at $10,000 per year and
owns $150,000 of the $200,000 total capital stock of latter company
(making net rental $2,500) and owns all of the stock of the West End
&Long Branch RR. and of the Asbury Park & Sea Girt RR. Also owns
entire stock of the Atlantic Coast Electric Light Co., which supplies
the electric lights of Asbury Park, Darlington, Allenhurst, Belmar,
$1,500,000
1895 5 g. M-N *1,000,000
May 1, 1945
000
i Int. at Knickerbocker Tr. Co., N. Y., trustee.
5J-J
500,000
1946
1896
/i<™
*ooo,ooo.. 5 Interest at Knickerbocker Trust, N. Y.
mort., sMnnftft
Gen. ™,vnt
^
Atl. Coast Elec. Light 1st M.
Y.'
at 8t
j
" Other debts " (Dec. 31, 1899), $278,867.
* Bonds— Of the $1,000,000 firsts $200,000 are reserved to retire a
like amount of Seashore Ry. (of Asbury Park) 6s, subject to call in 1897.
ROAD— Belt Line in Asbury Park and extents from Asbury Park
through Long Branch to Pleasure Bay, 24 miles. In June, 1898, leased
and began operating its cars over the Asbury Park & Sea Girt tracks to
Belmar, 2 Smiles; total 26*2 miles.— V. 66, p. 616. Connects at Long
Branch with Iron Steamboat Co. for New York.
Gross.Net.
1897.
1898.
Earnings—Year end'g Sept. 30.— 1898.
Railroad
$167,784
$137,279
$98,643
Lighting
54,912
50,801
26,483
Pleasure Bay
53,800
494
J&J
£™£,t
$276,496
^f
$188,080
m5
$125,620
All charges
Surplus for year
receiver.— V. 66,
Interest.
1043.
Outstand'g. Maturity.
p.
$45,750 pd. in
1895
437,000 July 1,1945
5 g. JInt at Hamilton Trust Co., Bklyn, trustee.
Reorganization Committee— a committee, of which Silas B.
Dutcher is Chairman, will submit a plan and effect a reorganization.
Depositary, Continental Trust Co. of New York.— V. 67, p. 1054.
June, 1900, was reported still in the hands of receiver.
c
ROAD— Red Bank to Long
in
Long Branch, 3
J
^
Branch, 6*2 miles, and 2d track, 2^ miles;
Red Bank, l 1^ miles; total owned, 13^
miles; in
miles.
LONG ISLAND
&
holders surrendered $1,300,000, leaving the present 1,200,000 outstanding, and interest was reduced to 4 per cent. -V. 69, p. 906.
Road—The system embraces about 65 miles of trolley track, including main line, 34^8 miles second track, 26*8 sidings, 4J4.
Latest Earnings.— 9 months ending March 31, 1900:
9 months. Gross.
Net.
Oih. inc. Int., tax., etc.
Balawe*
1900
..$328,553
sur. $45,255
$139,366
$4,109
$98,220
1899
294,934
21,765
111,602
193,669
def. 60,302
;
;
REPORT
for fiscal year ending June 30, 1899
Gross.
Net.
Oth.inc.
1898-9
1897-8
:
Int.
& taxes.
Bal.,def.
$422,545
408,949
$179,623
$3,850
157,672
28,807
254,844 df.152,190
DIRECTORS—President, W. H Shelmerdine. 421 Chestnut St., Philadelphia; Secretary and Treasurer, I. M. Tritt, 29 Broadway, New
York; R. T. McCabe, W. K. Mathews, E. L. Bushe, Benjamin Orne, J.
R. Beetem, of New York; E.J.Mathews, of Philadelphia, and CD.
Simpson, of Scranton, Pa.— V. 67, p. 29, 735, 737; V. 68, p. 130; V. 69,
p.
130, 743, 852, 905, 906, 955; V. 70, p. 125, 176.
LORAIN,
O.
1,595.
LORAIN & CLEVELAND RR.-See Cleveland.
LORAIN STREET RAI LWAY-A trolley road.
STOCK
&
BONDS—
Stock $7ft0,000....
1st M., $200,000...
Gen. M., $750,000.
Par.
Date.
Interest.
Outstand'g.
$100
Maturity.
(?)
1894
6 J-J
$200,000 Jan. i, 1915
1899 5g M-N
350,000 Nov. 1,1949
gold....
....c*)
Guaranty Trust Co., N. Y., trustee.
Interest at Guardian Trust Co., Cleveland, the mortgage trustee.
BONDS— Of the gen. mortgage for $750,000, $200,000 is held to take
up first 6s and $200,000 to be issued for improvements and exten1,000
)
CITY, N. Y.
Population 1890 was 30,506; in 1880 was 17,129;
and in 1870 was 3.867.
NEW YORK & NORTH SHORE RY.-The
COUNTY RY-NEW YORK & QUEENS
June
A
OrQANIZATION—
statement of this company will be found under Brooklyn.
Incorporated
26, 1896.
consolidation of the
Long Island City street roads, including Steinway Ry. etc.— V. 63, p. 229.
The Electric Illuminating & Power Company was formerly owned
and operated, but in July, 1899, control was transferred to the
Electric Co. of America. The earnings are kept separate from the
street railway. To June 30, 1897, the N. Y. & Q. C. RR. Co. had invested $565,000 in the Ek 111. & Power Co., this amount being included in
,
Road— Owns road 10-11 miles in length, extending through the city
of Lorain to Elyria; total track, 10-66 miles. Of the track 7-8 miles is
on private right of way (land owned in fee simple); rails, 70-lb. T and
girder.
Earnings— For the past
5 years have been
1899.
1898.
1897.
Gross
Net
$98,429
51,833
(after taxes;
OFFICERS— President,
F.
$64,455
33,579
M. Haines.— V.
$48,553
22,840
1896.
1895.
$54,621
12,694
$80,174
34,093
69, p. 1346.
LOS ANGELES, CAL.
Population 1890 was 50,395; in 1880 was 11,183;
and in 1870 was 5.728.
LOS ANGELES RAILWAY-
Organization—Successor by consolidation Sept. 29, 1898, of Los
Angeles Ry. and Main St. & Agricultural Park RR. and by purchase of
the Mateo St. RR. and San Pedro St. RR. V. 68, p. 85. Population in
1897 estimated at 15,000.
In 1899 acquired control of the Los Angeles & Pasadena Electric
1
quired.
trolley
1st mort
$500 000 emort., $500,000,
g
Under the New York Queens County mortgage there were originally $2,500,000 bonds outstanding, but the company having defaulted
in the payment of interest, a readjustment was made, under which the
$14,742
ATLANTIC HIGHLANDS RED BANK &
road.
ELECTRIC RY.-A
LONG BRANCHDegnanis
Date.
^„
.-.
Railway, receiving the stock of the road in consideration of the guaranty of the bonds. In June, 1900, Pasadena & Mt Lowe was also ac-
;
Stock *414,900 ($100)
.
110,878
OFFICERS- President, G. B. M. Harvey Treasurer, A. C. Twining,
32 Nassau St., N. Y. City; Superintendent, S. F.Hazelrigg.—V. 65, p.8 67
E.
.
sions only.
Maturity.
Outstand'g.
Stock, $1,500,000($100)
1st mort., gold, $1,000,- >
Receiver— James
STOCK & BONDS
M
)
J.
Electric
Total
&
Population 1890 was 4,863; in 1880 was
(tN 1900 LSTIMATED AT 17,300
ATLANTIC COAST ELECTRIC
Ocean Beach, Como and Spring Lake.
Interest.
Date.
STOCK & BONDS
the $1,078,750 of loans and bills payable then outstanding, but sincepaid off.
The parties owning the New York & Queens County also own the
New York & North Shore, which connects with the Queens County at
Flushing, forming a line to Par Rockaway.
Date.
Interest.
STOCK
Outstand'g.
Maturity.
BONDS—
Stock, $2,500,000 ($100)
$2,200,000
Flush. & Coll. Pt. 1st M...
1895
5 J&D
1925
50,000
Newtown Ry. 1st
1894
5 J&D
150,000
Dec, 1924
Steinway Ry. 1st M., gold ) 1892
6g. J - J
1,500,000 July 1, 1922
$1 .000
c* 5 Int. at State Trust Co., trustee, N. Y. City.
N.Y. & Queens Co. 1st M.,> , Qaa
, , )nn
,„.„
1946
1,200,000
.'£1896
4g. A-0
gold, $1,000 each
&
Date. Interest. Outstand'g. Maturity.
Bonds—
STOCK
Stock, $5,000,000 (par, $100)
$5,000,000
New mort., $5,000,000 gold (1898 5g. A-O 3,997,000 Oct. 1, 1938
$1,000 each
c*<Int'st at Co's Office, San Francisco, Cal.
The Trustee of the new mortgage of 1898 is the Union Trust Co.
of San Francisco, Cal.
On 30 days' notice interest may be made
payable at the National City Bank, New York.
EARNINGS—Year 189v, gross, $7o7,400; net. $248,502; 1898, gross,
$756,2C8; net, $266,613. Year 1897, gross, $681,325; net, $227,696;
charges, $41,704; balance, surplus, $185,992.
Road—About 90 miles of road.
OFFICERS— President, H. E. Huntington; Vice-President, Ch. de
Guigne; Treasurer, I. W. Hellman; Secretary, J. T. Burke, Union Trust
Co. Building, San Francisco.
INDEX-V. 67, p. 634, 789; V. 68, p. 85, 673; V. 70, p. 1149, 1150.
LOS ANGELES & PASADENA ELECTRIC RY.—
Organization— Road extends Los Angeles to Pasadena and Pasadena to Altadena, embracing all local lines in Pasadena. Is understood to have acquired in 1900 the Pacific Electric (2*2 miles), connecting with the Arcade depoi. All the stock of the Los Angeles <fe
Pasadena Electric is owned by the Los Angeles Ry., which has guar
anteed the bonds below.
Stock
&
Bonds—
Com. stock ($100
Date.
sh.),
Interest.
Outstand'g.
Maturity.
688,400
750,000 Jan. 1, 1928
8av. Bk., Chic, trustee,
$1,000,000
1898 5 g., J. & J.
Mort. gold guar. $1,000:
Int. at 111. Tr. &
000, $1,000, c*...
or Chase Nat. Bk., N. Y.
Sink. fd. of $10,500 per year begins Deo, 1, 1908, and bonds may be
called at 105 any coupon day after Jan. 1, 1908. Guaranty of Los
Angeles Railway endorsed on bonds.
Road— Owns 35-80 miles of track, of which 33-46 are operated fcy
electricity and 2-34 by horses.— V. 68, p. 85.
i
STREET RAILWAYS.
,
LOS ANGELES PACIFIC
LYNCHBURG, VA.
RR.--An electric, steam
Population 1890 was 19,709; in 1880 was 15,959
and in 1870 was 6.825.
and horse road.
Organization— Organized
in 1898.
Maturity.
Rate. Outstand'g.
Date.
Bonds—
<^tock
$1,000,000
Stock, $1,000,000; par, $100
1928
5
750,000
1898
1st mort., $1,000,000, gold....
BONDS— Of the new bonds of 1898, $750,000 have been issued, and
the remaining $250,000 are reserved for impioveonents, extensions
and equipment as needed.
LYNCHBURG ELECTRIC
Aug.,
&
Road— Owns two lines of trolley road from Los Angeles to Santa
Monica, the entire local system of Santa Monica, with branch lines to
Hollywood, Laurel canyon, Santa Monica canyon, Soldiers' Home and
Elysian Park, constituting about 71 miles of railway, of which 54 miles
electric, 10 miles steam and 7 miles horse railway.
OFFICERS -President and Manager, E. P. Clark; Vice-President, J.
Ross Clark; Sec, A. I. Smith; Treas., M. E. Hammond.— V. 66, p. 1140.
in
1895
;
Irverest.
franchise runs until 1944.
OuMand'g. Maturity.
$500,000
250,000
Stock, $500,000
May, 1915
1st mort., $250,000, gold ( 1995 (i (?., M-N
Union Trust Co., St. Louis, trustee,
,\
($1,000) ...
250,000 Dec. 1, 1938
lstconsol. M., gold, $250,- \ 1898 5 *.. J -D
St. Louis Trust Co., St. Louis, trustee.
000 ($1,000)
\
Interest of both mortgages at Chase National Bank, N. Y.
Report—Year ending December
Tear—
18»9
1898
ROAD— Owns
31
Operating
Oross
Net
earnings.
expenses.
earning*.
$163,191
$125,296
$37,895
85,310
111,962
26,652
and operates 26 miles of track laid with 60 and 70-lb.
:
(
net,
net,
OFFICERS— President, R. A. C. Smith, lf)0 Broadway,
D. Mallory, 100 Broadway, New York.— V. 67, p. 274.
STOCK AND BONDS—
Miles. Date.
5 « J" D
— 1898at Nat.
%0Oatd |i 00Oe^ch^ Interest
Ex.
1
Built by Prof. T. 8. C. Lowe. Located on the mountains above
Is successor to the Pasadena & Mount Wilson, sold at
Operates 7 miles from
foreclosure for $190,000 in March, 1899.
Altadena to Mt. Lowe 8prings. In June, 1900, control passed to the
Hellman-Huntington syndicate on behalf of the Los Angeles Ry,
Meeting of stockholders called for Aug. 2 to vote upon increasing
road.
stock from $400,000 to $60(),0< 0. and bonded indebtedness from
$375,000 to $500,000. W. H. Smith, Manager.— V. 68, p. 673; V. 70,
p. 1150.
5
TEMPLE STREET CABLE
RY--A
changed to electricity.
Organization— Chartered Oct. 31, 1885. Operates 4% miles of track.
Rails 38-lb. girder. Stock, $400,000; 1st M. gold 6s. dated 1896, $100.000; interest in default. Receiver, E. T. Wright; Feb., 1900, still op-
to be
erated by receiver.
LOUISVILLE, KY.
;
all of
Lynchburg.
MACON, GA.
Population 1890 was 22,746; in 1880 was 12,749;
and
RAILWAY-Trolleyroad.
ORGANIZATION— Incorporated Jan. 22,1867. A Kentucky company
owning all the street railways in the city of Louisville and its suburbs.
The real estate is valued at $700,000.
Interest.
Outstand'g Last div., <tc
STOCK & BONDS.— Date.
Com. stock ($100 sh.)
$3,500,000 July, 1900, 1%
STOCK AND BONDS—
c. cum
5
2,500,000 Apr., '00, 2^%
Louisv. City Ry. M... s 1884
6g. J. -J.
560,300 July 1, 1909
do
do M., gold ( Trustee, Louisvillo Trust Co., Louisville, Ky.
Central Pass. Ry. M... 1882
M.-N.
6
72,000 Nov. 1, 1902
M.-N.
1888
259,000 Nov. 1,1908
6
rflntral rass.
Piss Rv
venirai
Ky. m. 5 In
terest payab i e at First Nat Bank, Louisville.
^
M
g
o7d
(listed
$6 000000 1 J 890
Intel
N? Y
.c*
S
Louisville Ry. 2d M.,
>
)
:.
5
'est
1900
«J
-
"
J
-
5,108,000
payable by Seligman
fag. M-S
July
& Co.,
150,000
1.
1930
N. Y.
Mar. 1,1910
$2,000,000.*,$ 1, 000 £ Iut. at Columbia Fin. & Tr. Co.. Louis v'lo. Trus.
Bonds.— Of the new 2d mort. bonds due 1910, not more than $200,000
can be issued in any one year for improvements; $150 000 has been
issued, and the remaining $50,000 will be issued later. V. 70, p. 130,
180, 532.
Stock. -In June, 1897, $500,000 of common (leaving $3,500,000) was
converted into preferred, making $2,500,000 preferred, on payment of
$50 per share to be used for improvements.
Dividends— On preferred 5 p. o. per annum. On common— In 1896,
2^3 p. 0.1 in 1897, 213 p. c; in 1898, Apr., 114 p. c; the Oct., 1898, and
April, 1899, dividends were passed, owing to tax suit; in 1900, Jan. 1,
1 p. c; April, 1 p. 0.; July, 1 p.
V. 67, p. 690.
Road- Owns 140 miles of track on 83 miles of street, of which (Jan.,
1900), 130 electrio and 10 animal power. The last mule line in the
city was ohanged to troUey early in 189 8, most of the work of conversion having been paid for out of earnings. The lines running out
side of the city are to be converted during 1900.
Annual Report— Fiscal years ending Dec. 31. Annual meeting
Feb. 19. Report for 1898 was given in V. 68. p. 376.
Tear.
1899.
1898.
Tear.
1899.
1898.
Gross earn..$l,43t>,828 $1,297,394 Dividends
$171,666 $146,875
Net
459,415 Bal., surplus..
48A2-5
2,089
2,400
Interest pd.
30^,500
310,140
OFFICERS— President, T. J. Minary; Seoretary and Treasurer, Sam'l
G. Boyle.-V. 64, p. 466, 1181. 1125; V. 66, p. 519.857; V. 67, p.
690; V. 68, p. 376; V. 69, p. 1103, 1301, 1316; V. 70, p. 130, 180, 532.
c—
I
|
l
|
10,810.
lstmortgage
R M
?$l 06fef cK,?,? 'to I
$
RR.-
Interest.
Stock, $500,000
1895
1899 5 *>
Maturity.
$500,000
Bee text.
M -8-
350.000
Mar.1,1929
° ld C ° l0Dy TrU8t C°' B ° 8ton Trust€e
oSf 28?Mar i:i90°4
5
BONDS— Of the refunding 5s, $345,000 were reserved to retire an
equal amount of lsts of 1895, and the remaining $5,000 were to be
issued as soon as all the lsts had been thus exchanged.
ROAD— In 1899 was operating 20^ miles of trolley track laid with
from 30 lb. to 48-lb. T rails.
Earnings— For years ending Dec. 31
'
'
:
Other
Tear—
Oross.
Net.
$78 997
$20,948
22,529
Interest
and
taxes. Surplus
$5,725
$22,280
ii,3'Xi
5,547
24,723
3)353
OFFICERS— President, Phillips. Saltonstall; Sec, D. K. Snow; Treas.,
Office, 53 State St., Boston, Mass.— V. 68, p. 872.
S. Reed Anthony.
73217
1898
receipts,
MACON ELECTRIC LIGHT
& RAILWAY.-
Organization, Etc.— Name originally Macon & Indian Spring Electric St. Ky., changed in 1898.
In May, 1898. purchased at foreclosure
sale for $40,000 electric-light plant of Macon Gas Light & Water Co.,
and in May, 1900, completed new power house.
Road, Ac-Owns and operates 7 miles of track, with 9 motor and
5 trail cars, has 6,000 light alternators, 385 arc-light dynamos, 462
k. w. generators, 1 ,000 h. p. power plant.
OFFICERS— President, Gen. Manager and Purchasing Agent, T. J.
Carling; Secretary and Treasurer, J. H. Hertz. -V. 66, p. 1089.
Pref. stock 5 p.
R C
was
in 1870
MACON CONSOLIDATED
STREET
Dale.
Outstand'g,
&
;
L U
$119,500 June 30,'32
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
Stock, $100,000 ($100)
$100,000
1st mort. $100,000, $c00< 1899
6 g. J J
100.000 Jan. i, 1929
gold
c* <Int. at Produce Ex. Tr. Co., N. Y., Trustee.
Population 1890 was 161,129; in 1880 was 123,758;
in 1870 was 100.753 and in 1899, estimated, 235,000.
LOUISVILLE
Maturity.
Bank, Lynchburg, Va.
t^*r000 yearly. „i')
Mortgages cover the combined railway and electric light plant.
Road— Operates 6^ miles of track (including new extension completed May 1, 1899), on 3 miles of streets. Owns 8 open motor cars
and 8 closed motor cars.
Officers Pres't and Gen'l Mgr., H. P. Woodson Vice-Pres't, C. V.
Winfree; Sec'y and Treas., Jas. T. Bowman» Supt., A. E. Anderson,
1899.
cable road, but
D.
a
7,261
Pasadena.
Outstand'g.
Abt. $75,000
Interest.
Stock
1
New York
RIVERMONT STREET
&
RAILWAY.
$16,357
PASADENA & MOUNT LOWE RAILWAY.
—A combination cable and electric railway known as the Mount Lowe
in
of construction.
rail.
Latest Earnings-3 mos., 1900.... Gross, $48,897;
1 1899... Gross,
37,891;
Jan. 1 to March 31.
Manager, W. S. Hook.
RY. & LIGHT-
1898, to Lynchburg Elec. Co.,
sold under foreclosure on Feb. 28, 1898. The company was granted
an extension of its charter for 30 years from Jan. 19, 1899. In Oct.,
1898, new franchises were granted. Stock authorized $250,000— all
issued. Bonds, $150,000 1st mortgage 6s, gold, dated ly98, due 1941,
all issued.
8tate Trust Co., Trustee.
Earnings—June 1 to Dec. 31, 1899, $4,229 net, with 5 cars operating
Road— Operates 5*a miles of track. Overhead work and track renewed in 1899, and 12 new cars added, New power station in process
Organization—Successor
LYNCHBURG
LOS ANGELES TRACTION—A trolley road.
Organization, Etc.— Chartered
Date.
STOCK AND BONDS—
51
MADISON, WIS.
Population in 1896 was 18.884; in 1890 was 13,429;
in 1880 was 10,324; and in 1870 was 9,176.
MADISON ELECTRIC RAILWAY-A trolley road.
Organization—A reorganization
in Feb., 1898, of the
Madison City
Railway foreclosed in December, 1897
STOCK
&
Bonds—
Date.
Miles.
Interest.
Outstanding.
Stock, $75,000
Maturity.
$56,000
1898 5 g F-A
140,000 Feb. 15. 19i8
Int. at Savings & Trust Co., Cleveland, Ohio.
Road— Owns 9-16 miles of standard-gauge tract, including lines in
Madison and extension to Elmside, Schuetzeu Park and Cemetery.
Earnings— For year ending Feb. 28, 1S9S, gross, $49,477; net,
M. $150,000 gold )
$500
c.*S
1st
8^
$11,135; interest, Ac, $7,000; surplus, $4,135.
OFFICERS.— President. F. W. Oakley, Madison; H. R.
retary and Treasurer, Cleveland, O.
MAHANOY
Newcomb,
Sec-
CITY, PA.
Population 1890 was 11,286:
AND
IN
in 18S9 was 7.131;
1870 was 5,533.
LAKESIDE RAILWAY-Leased to Sehuykill Traction,
which see under Girardsville.
MANCHESTER,
N. H.
Population 1890 was 44.126; in 1SS0 was 32,630;
AND IN 1870 was 23.536.
MANCHESTER STREET
RY. -A trolley road.
Organization— Incorporated July 20, 1876, under perpetual charter.
Controls all street roads in Manchester and West Manchester. In
April, 1900, peticioned Railroad
$100,000 in
purposes.
its
Commissioners for an lacrosse of
stock to build a line to Gofl'town and for various other
STREET RAILWAYS.
52
Control is held by the New England Eleotrio Power Co., wh^ch owns
the stock of the Manchester Street Railway.
Date. Interest. Outstand'g. Last div'nd.
Stock—
1898-9,8%
Text.
$170,000
Stock, $250,000 (Pill $100)
bonds,
i:.,
$250,000* 1895 5g.J-J
250.000 Jan. 1, 1915
1st M.
red. alter .Ian. I, 1905.. < Int. at Shoe & Leather Nat. Bank. Boston.
Road— In Nov. 1899, owned 20 1* miles track, standard, of which
4^ miles second track and 1 mile sidings, etc. Rails 70 and 9011). T-;
DIVIDENDS— In 1894-5, $2,500; in 1895-6, $3,958; in 1896-7, $11,417,
in July, 1897, $6,000; in 1898, none; in 1899, July 25, 8%.
Balance.
Int.it taxes. Dividends.
Net
Earnings— trose.
$4,616
1898-99... $162,149
$35,516 $17,300 (8)%*13,600
3,069
6,000
1897-98... 158,8Si
16,568
19,499
sur. 359
1896-97... 145,836
14,752 (9%) 11,417
26.52S
1895-96... 139,266
14.968
(10%)3,958 sur.$38,405
57,331
OFFICERS— President, William A. Tucker; Treasurer, P. L. Saltonstall;
General Manager, J. Brodle Smith. -V. 60, p. 259; V. 66, p. 900; V. 68,
p. 773: V. 69. p. 229, 1193.
MARSHALLTOWN,
Population 1890 was 8,914;
and
Population 1894 was 13,419
and in 1880 was
;
In 1899 the population
&
was estimated
at over 16,000.
Maturity.
$150,000
Stock
Jail. 1, 1918
lstmortgage,$200,000,g.o*1 1898 6 g. J-J 150,000
($500 each) red. after > Int. at Metropolitan Trust. New York,
Trustee.
1903 at 105
)
BONDS—Mortgage provides that $4,000 must be drawn by lot at
105 yearly Jan. 1, 1904, and after, but all firsts are subject to call at
105 on and after 1903. Bonds offered for sale in February, 1898.
ROAD— Nov., 1899, operated 14 miles of track; 30 cars; brick boiler
house; three large engines and generators; iron car house. Rails, 451b
T. The line extends from Manistee to Filer City, East Lake and
Including park on shore of Lake
Stronach, Oak Hill and Parkdale.
Michigan, theatre, restaurant house, station, bath rooms, pavilions,
&c, over $100,000 had been spent for improvements in 1899.
Earnings— For year ending Dec. 31, 1898, gross, $38,635; net,
$16,893. In 1897, gross, $36,159 net, $15,250.
OFFICER8 President, Treasurer and Purchasing Agent, 6. A. Hart;
Vice-President, R. R. Blacker; Secretary, George W. Swigart.
STOCK
BONDS—
Interest. Outstand'g.
Date.
;
—
&
I
|
Total gross
$40,259 $39,633 Bal., surplus
$9,667 $9,052
ROAD—Trolley track, 3^ m. President, CD. Jones of Independence, la,; Secretary, P.B.Hovey of Independence, la.; Treasurer, M.
'
W. Hovey, Marshalltown,
Population 1890 was 13,473; in 1880 was 9,859;
and in 1870 was 8,029.
CITIZENS' ELECTRIC
CO.—A trolley road.
LIGHT
RY.
&
Organization— Charter renewed in 1898 for 25 years. Successor to
the Mansfield Electric Street Ry. Owns also an incandescent light
plant with about 7,000 lights.*
Date.
Interest. Outstand'g. Maturity.
STOCK
BONDS—
'..
Stock, $400,000
$125,000
1st mort., $125,000 ($100 < 1891
6 A-O
125,000 Apr., 1911
(int. at office, Rush Taggart, N. Y., Tr.
and $500)
In April, 1898, stock was increased from $125,000 to $400,000.
Road— Owns 9 miles of track. President, S. N. Ford; Secretary,
Reid Carpenter.
&
MARION,
1ND.
Population 1890 was 8.769 in 1880 was 3,182;
and in 1870 was 1,658.
Union Traction Co
MARION CITY RAILWAY-See
of Indiana
under Anderson, Ind.
ORGANIZATION, ETC.— Stock, $100,000. Operates 4 miles
OFFICERS— President and Treasurer, E. Durfee.
of track.
August, 1898,
is
operated.
S x OCK
&
BONDS—
1st
mortgage
sink.
fund.
Date.
Interest.
Outstand'g.
1894
See text
6 J -J
$80,000
80,000
(
Maturity.
1895-6
4% in
July
2,
1914
Interest at Intern'l Trust, trustee, Boston.
Current liabilities Sept. 30, 1899, $5o,294.
Dividend— In 1894-95, 2 p. c; in 1895-96, 4 p. c; in 1896-7, 1897-8 and
1898-9, none.
Road—Total track owned and leased, including sidings, 15 602 miles.
1897-8.
1898-9.
1897-8.
1898-9.
EARNINGS—
Gross earnings.. $53, 567 $39,878 Dividende
None.
None
Net
5,577
5,976 Deficit for year... def 3
$2,166
Int'st, taxes, etc.
8,142 Tot. sur. Sep. 30., $205
5,580
OFFICERS— (January, 1900.) President, S. Reed Anthony Treasurer,
Philip L. Saltonstall, 53 8tate Street, Boston; Clerk of Corporation,
Fred. L. Claflin.— V. 69, p. 955.
Sub.tocallatparafterSys.
&
fund retires $3,000 yearly at 103, beginning Jan. 15, 1900, and
amount outstanding, $97,000. Handles all freight coming over Iowa
Central Ry. between Mason City & Clear Lake. President and Gen.
Manager, W. E. Brice; Secretary, F. J. Hanlon.
MECHANICSVILLE,
in 189
was 2,679; IN l c 80
IN 1896. ESTIMATED, 5,000.
Popdlation
>
N. Y.
was
1,265;
STILLWATER & MECHANICSVILLE- A
trol-
ley road. Chartered Nov. 13, 1882. Owns 12-75 miles of road (1322
miles of trank) running from Stillwater to Mechanit sville, and from
Mechanicsville to Waterford; the latter extension was opened August
14,1898. Stock authorized, $250,000; issued, $i8fc. 000. Bonds: let
mort. 20-year, dated April 1, 1893, 6 p. o. (A. & O.), $48,50c, and
consol. mort. 15-year, dated April 1, 1898, 6 p. c. (A. & O.}, $2c 0,000
authorized and $151,500 issued; enough reserved to take up Ists; total
Gross earnings year ending June 30, 1899, $: 8,838; net income, $18,061; interest and taxes, $11,934; surplus, $6,127.
President, W. L. Denison, Stillwater, N. Y.; Sec. and Treas., H. O.
Bailey, Mechanicsville, N. Y.
MEMPHIS TENN.
Population 1890 was 64,495; in 1880 was 33,592;
and in 1870 was 40.226.
MEMPHIS STREET RAILWAY CO-
ORQANIZATION— Chartered in 1895 and consolidated with the Citizens' St., East End Street, City & Suburban and Memphis
Raleigh
<fe
Springs lines; franchise runs
STOCK & BONDS
till
Miles.
Date.
40
1887
1945.
\
-
I
|
.
|
;
Outstand'g
Interest.
RR. 1st M.
Maturity.
$500,000
St'k$500,000($100)
6 g. J-J
995,000 Jan. 1, 1916
($1,000), gold ..c* J Int. at U. S. Nat. Bk. of N. Y. and Memphis, Tenn.
ROAD— Operates 70 miles of track in Memphis and suburbs.
Citz. St.
)
Rails 70 to 90 lb. T and Johnson.
OFFICERS— Vice-President, General Man'r and Purch. Agent,
Jones Secretary and Treasurer, R. L. Benson.— V. 67, p. 371.
F. G.
;
in
& POWER.
3.288.
RAIL-
I
|
MARLBOROUGH STREET
Stock $80,000 (par $100)
trolley road.
Operated since July
Etc.
1897. Owns right of way 33 feet wide from Mason City to Clear Lake,
9 miles. Length of line within and between two cities, 17-6 miles,
Stock, $200,000. Bonds (authorized), $100,000 1st gold 6s, J.-J. 15
interest at Illinois Trust
Savings Bank, Chicago, Trustee; sinking
—
Population in 1895 was 14,977; in 1890 was 13,805;
in 1880 was 10,127; in 1870 was 8,474.
RY.-Trolley.
Control of this road and also of the Union street Railway of Framingham and some other r oads has been sought by the projected Boston & Worcester Electric Street Railway. An agreement exists by
which the promoters of the latter can buy control of the capital
stock of the Marlborough Street Ry. under certain conditions.
Organization— Incorporated March 27, 1888. The Framingham
in
2,510.
ORGANIZATION—Chartered July 31, 1891. Capital stock issued and
paid in $110,000; par, $100. First mortgage 6s of 1893, $27,500;
due $3,000 yearly; interest J&J at First National Bank of Menominee. Owns 6 7-10 miles of track.
Earnings— For year ending April 30, 1899:
Gross Street Railway
$18,030 Operating expenses
-$25,195
23,483 Interest, insur. and taxes.
Gross Eleotrio Light
4,246
MASS.
Marlboro Ry., 6 miles, completed
CO-— Organization,
WAY
MARION STREET RAILWAY-
&
MASON CITY &
4,007; in 1880
MENOMINEE, MICH.
1880 was
MENOMINEE ELECTRIC LIGHT
Population 1890 was 8,327; in 1880 was 3,899
and in 1870 was 2.531.
Southboro
IOWA.
was
CLEAR
LAKE
RAILWAY
—A
CITY,
Population 1890 was 10,633, and
MARION, OHIO.
MARLBOROUGH
la.
bonds out $200,000.
MANSFIELD, OHIO.
POWER
& RY.
rights till 1917.
electrical lighting
and gas plant and electric railway.
STOCK
Date.
Interest.
BONDS—
Outstand'g.
Maturity.
Stock ($500,000) ($100)
'..
$250,000f.p
1st mortgage ($150,000) ) 1893
6g. J-J
125,000
July 1, 1913
go.d ($1,000)
c.*$Iut. atlll.Tr. & Sav.Bk., Chicago, trustee.
1896-7. 1895-6.
Earnings—
1896-7. 1895-6.
From passengers. $12,507 $12,873 Net (over taxes).. $17,167 $16,552
Other sources
27,752 26,760 Interest
7,500
7,500
MASON
MANISTEE FILER CITY & EAST LAKE
RAILWAY-A trolley road.
6,240;
MARSHALLTOWN LIGHT POWER
Runs
Population 1890 was
was 12.812
in 1890
6.930.
1870 was
IA.
was
Organization—Exclusive
MANISTEE, MICH.
*
in
in 1880
3,218.
Total net earnings
$1?,072
DIVIDENDS— Nine semi-annual dividends have been paid to December, 1899, the first six at 2 per oent and the last three at 2»a per cent.
OFFICERS.— President, A. Spies; Vice-President, S. M. Stephenson,
Secretary, Treasurer & General Manager, E. DanieD.
Population Estimated population in 1896 13,000
MERIDEN, CONN.
1880 was 15.540.
ELECTRIC RAILROAD-Trolley.
MERIDENOrganized
August
1886. In
Population 1890 was 21,652;
In
14,
November, 1895,
ORGANIZATION—
was obtained by the N. Y. N. H. & H. RR. Co.— V. 61, p. 794.
STOCK & BONDS - Par. Date. Interest. Outstanding. Maturity.
$100
Stock, $1,000,000..
$1,000,000
Meriden Horse RR. 1,000 1891
5 A-0
85,000 Oct. 1, 1911
oontrol
)
1st mortgage
Interest at Girard Life, etc., Co. of Philadelphia.
1894 5 g. J-J $415,000 Jan. 1, 1924
con.M.,g.,$500,000 5 Interest at Girard Life, Philadelphia.
Sept. 30, 1899, bills payable, $141,900.
Road— In Meriden, extending also to Wallingford,17 12 miles in all.
Meriden Horse RR.
>
)
EARNINGS—For year ending June 30, 1899, gross, $112,123 net,
$38,211 interest and taxes, $30,570; balance, sur., $7,641. For year
ending Sept 30, 1898, gross, $106,531 net, $27,293 interest and
taxes, $30,445; bal, deficit for year, $3,152. In l?96-97, gross,
$111,437; net, $21,539.
;
;
;
;
RAILWAYS
•STREET
53
OFFICERS— President, Col. N. II. Heft, New Haven; Secretary and
Treasurer, W. L. Squire, New Haven.— V. 61, i>. 704. 794
ber, 1897, was consolidated with it. In 1899 made
Milford Elec. Light <fc Power Co., by which steam
MERIDENSOUTHINGTON& COMPOUNCE
road.
TRAMWAY.— A
1898. OpOperation commenced about
to that
trolley
ORGANIZATION, Etc.—
.July,
erates 8 inileK of trade between Meriden and Southlngton. Extension
of 5 miles proposed.
Interest. Outstand'g
Maturity.
Date.
Bonds—
Stock
$120,000 Apr., 1000,1%
Com. sto'k ($100) $300,000
100,000 Auk. 15, '28
5 g J-J
M.g., $200,000 c* ($1,000) > 1898
Optional at 110 and interest.
can be called at HOafterS
) Int. at Col. Trust Co., N. Y., trustee.
Aug. If), 1903
The other $100,000 of bonds can bo issued only for new extensions to
the extent of 50 per cent of cost and provided net earnings for the
twelve months preceding the issue were equal to 10 per cent on all
&
company
In April, 1900, Mass. RR. Commissioners gave permission t incre;i-e
stock from $210,000 (par $100) to $253.500 to fund Moating debt. Fh.-t
mortgage gold 5s, int. J-J. at Amer. Loan * Trust Co., Boston, dat< d
Loans and notes payable Sept.
1898, due Jan. 1, 1918, $165,000.
,
1899, $50,000.
Road— Owns 21 *$ miles of track.
Earnings— Year ending Sept. 30, 1899, gross, $94,448; net, $3&,797;
interest. tax< s, A-c, $16,479; div., (8%), $16,800; surplus, $5,518.
President, Israel A. Kelsey, West Haven, Conn.; Treasurer, <; A.
>
.
MIULVILLE,
N.
1
,,(
>i'
Population
gross, $27,177
;
Population
LAKE
CITIES ELECTRIC RY. -Trolley.
tract with the city for lightiug, from Aug. 1, 1894.
Interest. Outstand'g.
Dale.
Bonds—
STOCK
$200,000
Common stock, (par $100)
&
Rail 72-lb.
T.—V.
and
MIDDLETOWN STREET RY.—A
trolley road. Serves
population of about 20,000.
Organization— In Jan., 1898, consolidated with the Portland St. Ry.
8tock,par,$25 ($200,000), $135,000
EARNINGS— For ending June 30,
1899, gross, $40,511; net, $11,1st M., $150,000, gold, 5
guar, J-D
145,000 12s; interest and taxes, $9,360.
(Dated 1894. Due 1915.)
Road— Owns 9-37 miles of tracks.
Officers— President, Israel A. Kelsey, West Haven, Conn.; VicePres't, Abel C. Allison, Middletown; Secretary ana Treasurer, J. K.
I
I
1
|
Guy, Middletown.
INDEX— V.
62, p. 85.
MIDDLETOWN,
Population 1890 was 11,977;
and in 1870 was
in
Y.
N.
1880 was 8,494;
6,049.
MIDDLETOWN-GOSHEN ELECTRIC RYORGANization— In Oct., 1899, was incorporated as successor by
purchase at foreclosure of the Middletown-Goshen Traction.
The
property was bought subject to the two old mortgages enumerated
below.
Interest. Outst'd'g.
Date.
Maturity
STOCK & BONDS
Stock, $400,000 auth
$475,000
2
8
O1
200 000 Ja«- I."**
OTW.%
?? ?tf I 1894 6 «- J J
Middlet'n-Bloomb'g istM. > , fiQr, „ M . N
7*
noo May
M»v 1,
1
1020
lbja ° M.&.«.
1J20
75,000
gold ($1,000)$200,000 s.f. ]
—
^?»W
,
{
'
.
ROAD— Operates 13 miles of track extending from Middletown,
N. Y., to Midway Park, Goshen and Bloomingburg, including switches,
turnouts, etc Rails 65-lb. T except »a mile only of 80 lb. girder.
YEARLY EARNINGS— Fiscal year ends June 30. No report for 1898-9
on account of receivers'iip.
1897-8.
1896-7.
1897-8.
I
1896-7.
Gross earnings... $46,620 $46,584 Interest
$16,500 $16,500
Net earnings
5,912
2,188 Taxes
1,622
1,545
Total net
5,912
3,513 Balance
df.12,210 df.14,532
OFFICERS— Gen. Manager & Treahurer, W. B. Royce.— V. 67, p. 480
|
1
I
1003; V. 69,
p.
440, 852, 906.
MILFORD, CONN.
1890 was
population
in
3,811
;
IN 1880
MILFORD STREET RY. -A
held by United Gas
1894
>
(
$175,000
88,000
F-A
5g.
Interest at
Land
Title
&
1914
Tr., Phila..Trus.
$29,151
B.
gross, $5,902; deficit under operating,
Langley; Sec. and Treas., D. C. Lewis.
MILWAUKEE,
WIS.
Population 1898 (local estimate), 280,000; 1890 was 204,468; in 1880 was 115,702; and in 1870 was 71.440.
MILWAUKEE ELECTRIC RY
M
& LIGHT.-
on page 54.)
Organization— Successor
(Set;
,i /,
of Milwaukee Street Railway Company,
sold in foreclosure Jan. 29, 1896, per plan in V. 60, p. 1009.
Embraces all the street railway lines in Milwaukee.
Controlled
i-
1890 was 9,013; in 1880 was 6,826;
in 1870 was 6.923.
in
road.
by the "North American Co.," which June 1, 1900. held $3,452,240 of
the $3,500,000 common stock and $2,424,791 of the $3,500,000
preferred stock.
(See Miscellaneous Companies in Investors' Si
plement.) The Company besides its street railway system owns and
operates electric-light ana power works (costing $1,625,938) under
66, p. 288.
MIDDLETOWN, CONN.
Population
President, G.
$1,857.
Maturity.
6 g.F-A.
75,000 Feb. 1, 1923
1st M., $300,000, g. ($500) ) 1893
(In default, see abovo)c* S Metropolitan Tr. Co., N.Y., trustee.
Earnings— Including electric-light plant, gross for first six months
of 1899 was $8,820; for calendar year 1898 gross was $17,223; in 1897,
$15,083; in 1896, $12,399.
ROAD— Owns 6 miles of track.
J.
1880 was 7,660.
EARNINGS— For year 1899
50,000
non-cum., $100,000
$400,000,
c'
(fold ($1,000 each)
"Other debts" Jan. 1,1900
1890 was 10,776; IN 1880 was 7,366.
in
Organization— This company owns the entire capital stock of the
Mlllville Rapid Transit ($50,000) and operates in all 364 miles of track.
Date. Interest.
Outstand'g.
Maturity.
STOCK & BONDS—
1st mortgage.
IND.
Receivership— In Feb., 1898, I. I. Spiro was appointed receiver
Interest due Feb. 1, 1898, only partly paid.
LIGHTING Plant— Owns plant for commercial and public lighting,
pole line and wires covering entire city. Company has a 10-year con-
Pref..
1890 was 10,002; ask
Stock, $175,000
MICHIGAN CITY,
IN
in
MILL VILLE TRACTION-A trolley
;
dividends, $1,200
balance, surplus,
$4,015. Dividend of 1 per cent paid April, 1899.
President Francis Atwator; Sec., John A. Hurley, Meriden, Conn.
interest, $5,000;
net, $10,215;
<
Butiiian, Maiden, Mass.
bonds issued ami proposed.
DlVlDENDS-On April 1. 900, 1 per cont was paid
fiscal year ending June 30, 1899,
Earnings— l
arrangement with
power is furnished
franchises said to be exclusive; these include all the electric light
companies (with the single exception of one small plant), among others
the Edison Electric Illuminating Company, the Milwaukee Electric
Light Company, the Badger Illuminating Co. and the Milwaukee Arc
Light & Power Co. Was furnishing in June, 1900, 66,129 incandescent lamps, about 1,734 h. p. in motors and 2,30 1 arc lights. Owns all
the stock of the Milwaukee Light, Heat & Traction Co. See its statement below.
The ordinance requiring the sale of tickets at less than five cents
was declared invalid and a permanent injunction restraining its enforcement was served on July 1, 1898.— V. 66, p. 1089; V. 67, p
74, 126. In August, 1899, made proposition of settlement to the city,
offering a gradual reduction of fares to a 4-cent basis on condition
of a ten-year extension of old franchises and the granting of some new
ones.— See V. 69, p. 385. After much skirmishing an ordinance was
finally passed Jan. 2, 1900, providing for the cale of 25 tickets for $1
and 6 tickets for 25 cents, good only during commission hours until
January 1, 1905, and thereafter good during all hours; and the city is
to have the right (on determining to avail of it during the last six
months of 1930) to purchase the property Dec. 31, 1934. In return
for these concessions the franchises of the company are extended until Deo. 31, 1934.-V. 70, p. 39.
Date. Interest. Outstand'g.
Maturity
STOCK
BONDS—
Common stock (par $100)
$3,500,000
Pref. stock, $4,500,000, 6 )
o 500 000 May,
Mftv oo,i
on , ,_<*.
d.ooo.ooo
*e%
p. c, non-cum., par $100 )
Milw. City RR. 1st mort., \ 1888 5g.J-D
1,000,000 Dec. 1, 1908
41 m.,$l,000,000,gold.c* \ Central Trust Co., N. Y. City, is trustee.
West Side Street Ry., lstj 1889 5g. J-J
$500,000 July 1, 1909
mort., covers 18 miles.. \ Int. is payable at Farmer's L. <fe Tr. Co.
Milw. El. Ry. & Light Co., J 1896 5g. F-A $6,500,000 Feb. 1, 1926
oonsol.M.$8,000,000,g.o* (Trustee, Central Trust Co., New York.
Interest payable at company's ofllce, 30 Broad 8treet, N. Y.
Bonos—New consols of 1896 for $1,500,000 are reserved for prior
bonds still outstanding and $1,000,000 pref stock is Issuable for im-
&
.
.
.
provements and extensions.
ROAD—Total track Jan., 1. 1900, was 140 29 miles— all trolley, of
which 63-45 double track and 1339 single.
Annual REPORT— Fiscal year ends Dec. 31. See report in V. 70,
p.
3,347.
trolley road. Control
277.
Year—
was
is
Improvement Co.
1899.
$1,«(H,963
327.643
10,533
1898.
$1,520,752
263.710
3,132
$1,374,118
288.008
$1,211,093
261.638
Gross earnings
$2,007,139
Operating expenses.. 1,026.403
$1,787,594
1,006,683
$1,662,126
988,015
$1,472,751
1.012.645
$780,911
$674,111
$460,106
Gross railway
Lighting, etc
Miscellaneous
1897.
1896.
Organized Dec. 12, 1896.
Authorized capital $350,000; issued,
$100,000. No bonds; floating debt, $9,500. Road completed June
11, 1898. In Jan 1900, was operating 13-8 miles of road, including
,
sidings.
EARNINGS— For
fiscal
year ending June 30, 1899, gross, $26,930;
net, $8,275.
OFFICERS— President and Gen. Manager, Chas A. Tomlinson,
Merwin, Milford, Conn.
Mil-
ford, Conn.; Treasurer, D. P.
Population
MILFORD, MASS.
1895 was
in
was
9,310;
8,959; in 1890 was S.780; in 1880
in 1870 was 9.890.
and
MILFORD HOLL1STON & FRAMINGHAM
STREET RAILWAY-Trolley.
Organization— Commenced operation May
chased entire capital stock of Milford
&
15, 1896.
Hopedale
St.
In
1897 pur-
Ry. and Decem-
Net earnings
Out of the net
$980,736
of $980,736 for 1899 $401, 184 v. as paid for interest,
$82,498 for taxes, $120,000 for sinking fund and $204,000 was set
aside for depreciation reserve, leaving a surplus balance of $173,054
The dividend
of 1*2 per cent on prefered stock paid Feb. 10. 1900,
called for $02,r-00.
Dividend— First dividend on preferred stock was paid Feb., 1900,
and was 1»« per cent; also May 1, 1900, l'a per cent.
OFFICERS— President, W. N. Cromwell. Vice-President, Henry
Secretary, C. A. Spofford, New York
C. Payne, Milwaukee, Wis.
;
New York office, 30 Broad St.. N. Y.
Treasurer, George R, Sheldon.
City.— V. 67, p. 74, 126; V. 68, p. 819, B79j V. 69, p. 84, 385, 1018,
1301; V. 70, p. 39, '27 7. 280.
STREET RAILWAYS.
54
MAP OF THE
CITY OF
MILWAUKEE
SHOWING LINES OF THE
MILWAUKEE ELECTRIC RAILWAY & LIGHT
Operated Lines
Franchises
1DDDL
JOQIDfcv.
I
MAP OF THE
Milwaukee
Electric
Ry.
and Light Co,
AND
Milwaukee Light, Heat
and Traction Co,
STREET RAILWAYS.
CompanieH Controlled by Milwaukee Electric ICalluay
Light Co.
«fc
MILWAUKEE LIGHT HEAT & TRACTION COMPANY— Incorporated December, 1896.
The capital stock ($500,000)
by the Milwaukee Electric Railway
owned
is all
& Light Co.
The Traction Company owns and operates the following propertiesall trolley
roads
Milwaukee & Wauwatosa Motor Railway Co., operating between
Milwaukee and the town of Wauwatosa.
North Greenfield & Waukesha Electric Railway Co., Waukesha Beach
Electric Railway Co., Waukesha Electric Railwav Co., operating between Milwaukee, Waukesha and Waukesha Beach.
Milwaukee Racine & Kenopha Electric Ry. Co., operating between
Milwaukee, Racine and Kenosha.
Belle City Electric Railway Co.. operating in Racine and connecting
with the Milwaukee Racine & Kenosha line.
Total mileage, 73 miles.
In June, 1899, the company acquired the Badger Electric Co. of
Racine.
Maturity.
Interest. Outstanding.
Date.
Bonds—
STOCK
&
Common
stock,)
$500,000
M. g. guar.$5,000,000
at^nn
onn
$500,000
I
1899
?
M.
5
-
N.
1,500,000
$170,545
20,305
260
Other income....
Electric light.
"
the principal streets of the cities 801b. rail with welded Joints
in concrete was used.
A second inter-urban line was completed and began to be operated
on July 1, 1898, affording direct communication with Como Park and
the State fair grounds. V. 68, p, 522.
The company
Electric light.
Total expenses
$191,116 Net earnings
Total gross
Interest, $50,000; dividends, $4,628 taxt s, etc., $4,364.
St.
to May
Gross.
Total receipts
Injuries
and damages
Total operating
New York
oilice,
MINNEAPOLIS, MINN.
Population of Minneapolis and St. Paul combined in 1890 was
297.894; in 1880 was 88,360; and in 1870 was 33,096.
Cable and electric
TWIN CITY RAPID TRANSIT-
31—
$2,522,794
$971,342
112,719
72,911
$2,170,716
858,866
102,033
58,493
$2,009,121
856,570
73,510
72,000
$1,156,972
$1,019,392
$1,002,080
Net earnings
Interest and taxes
Dividends on 7 p. c. pref. stock
Dividends on common
$1,365,822 $1,151,324
$628,243
$777,668
187,553
375,250
$1,007,041
Total
Balance, surplus
$1,191,046
$174,776
Resources.
Organization—The company was organized under the laws of the
State of New Jersey, June 3, 1891, and by virtue of its stock ownership of the underlying companies (to wit: The Minneapolis Street
Railway Co., The St. Paul City Railway Co. and the Minneapolis Lynand operates the entire
street railway system of Minneapolis and St. Paul. The combined
population of St. Paul and Minneapolis in 1895 was said to be 400,000.
Co.), it controls
Also owns the entire capital stock of the Minneapolis & St. Paul
1, 1899), which it operates as part of
See statement of the latter below.,;
its system.
Maturity.
Interest. Outstanding.
Date.
Stock & Bonds—
Twin Oily Rap. Tran.
Suburban Ry. (organized June
—
Common stock, $17,-
000,000; par. $100
Preferred stck, cum
$3 000,000 ($100)
Minn. St. Ry. Co. —
5
BOC°
iev,
,
/
.
7
Q. - J.
$15,010,000
Feb.,1900,l»fl
3,000,000
July, 1900,1%
$771,i»07
$777,668
$373,656
$771,907
$235,134
Balance Sheet.— Twin City Rapid Transit Company general
balance sheet of December 31, 1899, was as follows:
road.
& Minnetonka Railway
Anthony's Falls (capacrun the entire railway
Operating expenses
Insurance and general expenses..
5 Months.
way &
dale
power at
$132,124
$58,992
OFFICERS and DIRECTORS— Same as The Milwaukee Electric RailLight Company.
General office, 451 Broadway, Milwaukee, Wis.
30 Broad Street— V. 68, p. 619 872; V. 70, p. 277.
leases water
ity 10,000 h. p.), which power is now used to
system in both cities.— see V. 64, p. 704.
$120,261
11,863
Milwaukee
Expenses— Rail way
...
On
and imbedded
1900
1899
&
Gross-Railway
cities.
Net
Oharaes.
furplus.
$548,432 $355,249 $193,183
$1,086,394
491,022
949,389
338,154
152,868
Annual Report— Fiscal year ends Dec. 31. Report for 1899 was in
V. 70, p. 427, showing results on the entire property as follows
1899.
1898.
1897.
Receipts from passengers
$2,476,880 $2,145,093 $1,982,785
Receipts from other sources
45,914
25,623
26,336
1,
1929
Light Company.
Earnings— Fiscal year ending Dec. 31, 1899:
Railway
bonds above) under a mortgage limited to $5,500,000. Under
the mortgage these bonds can only be issued against the actual cash
cost of construction, under a mileage limit of $15,000 per mile. Part
of these consols ($1,138,000 at latest date), are guaranteed, principal
and interest, by endorsement of Twin City R. T. Co. See statement
to N. Y Stock Exchange In June, 1895.— V. 60, p, 1150.
Road—The entire system consists of 250 miles of standard-gauge road,
all recently built or rebuilt, and thoroughly equipped.
Two doubletrack electric lines, 9 miles long, connect the business centres of the two
lien
Latest Earnings— 5 mos.
May
c* S City Trust Co., N. Y., trustee.
($1,000)
Interest at Co.'s office. 30 Broad St., N.Y.
The bonds are guaranteed, principal and interest, by the
Electric
55
Liabilities.
Roadway, &o.
Securities in treas. . $30,878,740
Notes <fe accts. receiv..
64,176
$17,710,000
10,938,000
87,828
23,625
62,063
Int. accrued, not due.
216,246
Bills payable
11,000
Dividend payable
225,150
Income acct., surplus. 2,163,507
Miscellaneous
410
Funded debt
Unpaid vouchers, etc.
304,835 Trainmen's deposits..
2,910 Taxes acoru'd.not due
Cash
Miscellaneous
Materials and supplies
Total
Stocks
87,169
$31,337,830
Total
$31,337,830
OFFICERS—President, Thomas Lowry Vice-President, Secretary and
Treasurer, C. G. Goodrich; Auditor, J. F. Calderwood; General Manager, W. J. Hield. Fiscal Agents, J. Kennedy Tod & Co., 45 Wall
Street, N. Y. (V. 65, p. 1127; V. 66, p. 424, 428, 469, 1209; V, 68,
p. 376, 381, 522; V. 69, p. 1194; V. 70, p. 177, 427, 688.
;
5
1st M., g.,red. atl05.
yearly.
)
iaa
)
2d mort.,gold...c*&r 1883
g M.
g M.
N.
N.
270,000 Nov.
600,000 Nov.
1.
1,
1910
1913
1st consol. mort. gold,
4,130,000 Jan. 15, 1919
c* 1889
$5,000,000
e *-'5
Paul City Ry. Oo —
219,000 Apr., 1, 1931
nd (1882
6 g A. - O.
M. on real estate and
\
horse-car franch .. S Exchangeable at 105 for 1st consol.
Jan., 1934
680,000
1st consol. M., gold.. 1884 6 g A. - O.
3,708,000 Jan. 15, 193 7
Cab. con., g., see text. 1887 5gJ./y-J.
300,000 May 1, 190o
Debentures, gold
1890 6 g M. - N
All bonds are for $1,000 each, and interest is payable at Fanners
Loan & Trust Company, New York.
Capital stock— The capital stock is $20,000,000, of which $17,000,000 is common stock and $3,000,000 is 7 per cent cumulative preferred stock on which interest is payable quarterly. In Feb., 1899,
$750,000 additional preferred stock, issued in payment of loan for
that amount, was listed on the N. Y. Stock Exchange, with authority
to list up to $3,000,000 when issued in exohange for St. Paul Ry. deb.
6s. The debentures are to be sold or exchanged for preferred stock at
not exceeding 7»a shares of preferred for eaoh $1,000 debenture bond.
—V. 68, p. 381. On June 1, 1900, amounts of prefened stook and
debentures were as above.
For the preferred stock it is provided that if in any year dividends
amounting to 7 per cent are not paid on said stock, the deflcienoy
shall be a charge upon the net earnings of the company, and shall
be paid subsequently before any dividend shall be paid upon or
8t.
MINNEAPOLIS
(1)
<fe
ST.
PAUL SUBURBAN RY.—A trolley road.
Organization. —This road is owned and operated by the Twin
City Rapid Transit, which holds all the capital stock. Organized under
the laws of Minnesota on June 1, 1899. Has acquired the entire capital
stock of the St. Paul & Suburban Railway Co.
STOCK
&
BONDS—
Date.
Interest.
Ontntat.dq.
Maturity.
Stock, $3i>0,000 ($100)
$300,000
M. gold
1899
5 g.
450,000 Sept. 1,1924
The bonds are guaranteed by the Twin City Rapid Transit and the
St. Paul City Railway.
ROAD— Owns a line connecting with the lines of the St. Paul City
Railway Co. to the city limits of said city and running through the
village of North St. Paul, White Bear, to the city of Stillwater, in
which it occupies the principal streets. Has altogether 25 miles of
1st
new
track.
Earnings are included in those of the Twin City Rapid Transit.
MOBILE, ALA.
Population 1890 was 31,076 in 1880 was 29,132
and in 1870 was 32,034.
;
MOBILE LIGHT &
RAILROAD-TroUey.
Organization— A consolidation in April, 1897, of the M. L. & Railway and Mobile & Spring Hill Ry. Franohise is perpetual.
set apart for the common stook. In case of liquidation or dissolution
Date. Interest. Outstanding. Maturity.
STOCK & BONDS—
of the company the holders of the preferred stock shall have prior Stock, $400,000, par $100
$400,000
right on the assets of the company before any amounts shall be pay- 1st mortgage, gold ($1,000)..
1897 5g. J-D
400,000 June 1, 1937
able to the holders of the common stook.
Road, ETC.— Owns 14 miles of track In Mobile and extends to
LHvidends— All dividends on preferred to and including July, 1900 Spring Hill, 4 miles; total track, 18 miles. Company also owns
(1% per oent), have been paid. First dividend of 1 per cent was paid Monroe Park" water power and 320 acres of land; also eleotrio
on the common stock in August, 1899; also l 1* p. c. Feb. 1, 1900.
light plant of capacity of 6,000 incandescent lamps and 30 aro lamps
See full description of property in application to the New York with power circuit and power house.
Stock Exchange in June, 1895.— V. 60, p. 1148.
Earnings— Gross for 1899, $131,243.
Bonds.—The Minneapolis Street Railway Co. jointly and severally
OFFICERS— President and General Manager, J. H. Wilson; Vioewith the Minneapolis Lyndale & Minnetonka Railway Co. has issued President, L. H. Rust; Secretary, C. W. Chase.— V. 61, p. 282.
$5,000,000 5 per cent 30-year first mortgage and first consolidated
mortgage gold bonds, of which $870,000 are held In trust by the Farmers' Loan <te Trust Company to redeem the $870,000 prior lien bonds. See
statement to N. Y. Stook Exchange In June, 1895. The consols are
London.— V. 60, p. 1149.
The St. Paul Oity Railway Company has issued $4,388,000 5 per oent
50-year cable consolidated bonds (including $680,000 held by the
Farmers' Loan & Trust Company, trustee, to redeem the $680,000 prior
also listed in
MOBILE STREET RAILROAD
CO.-A
trolley
road.
Organization—Successor to the Mobile Street Railway, sold In foreclosure in 1892, and which was chartered Feb. 26, 1888. The Mobile
Street Railway had a State charter for 50 years from June, 1887. Consolidation of this road with the Mobile Light <fc Power Co. has been
proposed.
STREET RAILWAYS.
66
STOCK
&
Miles. Date. Interest. Outstand'g. Maturity,
BONDS—
Stock, $500,000
] ^mortgage, gold, $350,-
1893 6g
j
Interest at National City Bank,
M.N
$500,000
2 40,000 May 1,1923
•
New York.
for $350,000, and was issued for the
purpose of electrically equipping the road, for extensions and improvements. The mortgage trustee is the Farmers* Loan & Trust Co., N. Y.
Bonds— The mortgage of 1893
Is
ROAD— Operates 23 miles of track, of which 22 electric and 1 m. horse.
OFFICERS—President, J. C. Morris; Vice-President, F. J. Gasquet;
Secretary, R. B. Owen; Treasurer and General Manager, R. Semmes;
Chief Engineer, J. F. McAvincy. Office, Anthony and Royal streets.
-V. 60, p. 929.
in 1880
4.166.
was
Railway
la.,
MONTGOMERY, ALA.
Population 1890 was 21,883; in 1880 was 16,713;
and in 1870 was 10,588.
;
Virden Treasurer, G. W. Craik.
SUBURBAN
RY--
ST.
Mr. Jones, the Treasurer, says:
statement below is imperfect.
information to give."
"We have no
BONDS—
Date.
Outstanding.
Interesi.
$100,000
None, Feb., 1899
(?)
Mortgage
Road— In Feb., 1899, operated 4*2 miles of track and road.
OFFICERS— President, Henry Fonde; Treas. and Man., H.
8eo.,
Edward
A.
Maturity.
Bonds—
Date.
Stock ($6,500,000 auth.)
Citizens' Rapid Transit 1st
M., $100,000, gold.
5
1890
I
Int. at
McG.&Mt.V.Sum'r8t.lstM.
Do 2dseries
Do 2d mortgage
1886
1887
1889
Outstand'g. Maturity.
$6,500,000
6g. J-J
60,000 Julyl, 1910
Trust Co. of Nor. Am., Philadelphia.
6 J1926
65,000
6J-J
485,000
1937
6 A-O
200,000 Oct. 1,1919
Interest.
Nashville & .Edgefield—
Consol. mort., $400,000... 1889
6 J-J
274,000 Jan.1,1919
Nashville St. Ry. consol. M. ) ,layo
= „ T _ T
8 a= °
q 75 000 Jan.l,l»^S
T „_ , 1Q2 «
J
J
»/£>,OO0
g
$2,000,000, gold $1,000. ?
2,300,000 Feb.1,1950
Nashville Ry. 1st consol.M., < 1900 5 g. A-F
g. ($1,000), $6,500,000. c* I Baltimore Trust & Guar. Co., Trustee.
Interest is payable by Moore & Schley, 80 Broadway, N. Y.
BONDS— Of the $6,500,000 1st con. mortgage, $2,549,000
STOCK
are reserved to retire underlying liens and $1,651,000 held for future
extensions or for new property. Bonds cannot be called, but the
Nashville Railway is required to pay to trustee all surplus above 5 per
cent on outstanding stock (but not in excess of $50,C 00 annually),
*
.
be devoted to purchase of bonds at not above 110 and
Of the Nashville St. Ry. consol. mortgage of 1895, $1,025,000
are in escrow to redeem underlying bonds.
ROAD— Operates 662 miles of track.
EARNINGS-For nine months to Jan. 1, 1900, including Electric
and
this is to
interest.
Jones,
S.
Graham.—V.61, p. 70.
Light, gross, $535,252; net, $263,530; interest, $106,995; taxes,
$45,801; net surplus, $110,734.
Officers— (Feb., 1900).—Pres., T. E. Hambleton, Baltimore; Sec.
and Treas., N. P. Yeatman,. Nashville; Gen. Man., Richard Emory. V.
MONTREAL, CANADA.
Population in 1897 was about 250,000; in 1891 was
216,650; AND in 1881 was 155,237.
road.
STREET RY-— A
MONTREAL
1861. Franchises expire
Chartered May
68, p. 672, 724, 824, 977, 1133, 1226; V. 70, p. 176, 280, 1095.
trolley
Organization—
18,
in
In March, 1899. authority was received from the Dominion
Parliament to increase the stock to $10,000,000 from time to time. In
March, 1900, shareholders authorized the issue of $1,000,000 of the
new stock (making the amount outstanding $6,000,000) for betterments, new cars, etc. Shareholders were allowed to take the stock at
NATICK & COCHITUATE
par.
ORGANIZATION— Extension from Cochituate
1922.
STOCK AND BONDS—
Date.
Street
&
;
&
&
STOCK
consolidation, Aug. 1, 1894. Has a perpetual but
not exclusive franchise.
Maturity.
tTOCK. BONDS Etc. Miles. Date. Interest. Outstand'g
$290,000
tock.!
1923
290,000
1893 6g. F-A
1st mortgage forj 14-25
$350,000, gold.. < Interest at Farmers' L. & T., Trustee, N. Y. City.
Bonds—The bonds unissued may be sold at the company's discretion.
Road— In Feb, 1899, owned 14^ miles of trolley road.
Calendar years— In 1897, gross, $54,914; net, $27,709. In 1896,
Secretary,
gross, $57,290; net, $29,382. President, J. W. Dimmick
Organization— a
Stock
a consolidation of the Nashville
is
Railway, the Nashville & Suburban, the Citizens' Rapid Transit and the
Cumberland Electric Light & Power. A syndicate represented by the
Baltimore Trust & Guarantee and Hambleton & Co. of Baltimore has
backed the undertaking. Includes all the street railways in Nash.
ville. On January 19, 1900, Chancellor Cook of Nashville dissolved
tne temporary injunction which restrained the carrying out of the
consolidation
MONTGOMERY STREET RY.-A ciolley road.
Stock
1897 estimated at 125,000; in 1890 was 76,168
was 43,350; AND IN 1870 WAS 25,865.
Organization— This
see»
MONTGOMERY
The
NASHVILLE, TENN.
in
NASHVILLE RAILWAY-A trolley system.
7,800;
RY.-Trolley.
MOLINE CENTRAL STREET
which
of Davenport,
J. C.
1898-9, gross, $58,617; net, $18,855; in 1897-8, gross, $55,476; net.
$15,841; in 1896-97, gross, $51,378, net $13,854.
ROAD— Operates 8 miles of tracK.
OFFICERS— President, L. W. Prior, Cleveland; Vioe-President and
Secretary, H. W. Huttlg; Treasuror, C. E. Denison, Boston.— V. 67,
p. 480; V. 68, p. 619.
IN 1880
ILL.
Population 1890 was 12,000;
and IK 1870 WAS
in Tri-City
to Dec. 31, 1899: Gross, $33,563;
1898 gross $30,186.
Annual Report— For the years ending June 30 earnings were: In
Population
MOLINE,
Road has been merged
LATEST Earnings— Six months
net. $5,186; in
Interest.
Outstanding. Maturity-
NATICK, MASS.
Population in 1895 was 8,814; in 1890 was 9,118;
in 1880 was 8,479; and in 1870 was 6.404.
ST. RY.-Trolley road.
to Wayland Centre comroad to 18 miles. Stock,
bonds. Unfunded debt Sept. 30, 1899, $65,000.
p'.eted in July, 1899, increasing length of
$6,000,000 '98-9 10%
292,000 Mar.l.'08
j Int at Bank of Montreal> London. Eng.
F'A
1883
$681,333 Aug.1,'22
$
Sterling debentures
^Int. at Bank of Montreal, London, Eng.
Under trust deed of Aug. 10, 1893, the debenture 5s and 4*ss are
of equal rank.
Latest Earnings— Jan. 1 to May 31, gross, $670,823 in 1900.
$638,740 in 1899.
REPORT— Report for year ending September 30 shows
Balance,
Tear end.
Charges.
Dividends.
Gross.
Net.
Surplus.
Sept. 30
$747,826
$116,956
$478,333
1899
$1,660,775
(10)
$152,537
105,352
1898
1,471,940
707,056
(10)462,916
138,788
<-8,083
1,342,368
605,939
(8)
326,667
139,523
1897
555,033
92,926
1896
1,265,898
320,000
102,107
ROAD— Owns 85 miles of track. President, L. J. Forget; Secretary,
M. H. Watts.-V. 67, p. 1000; V. 68, p. 524; V. 70, p. 480, 584.
$100,000, par $100. No
Dividends—In 1893-4, 6 p. c. on $31,100; in 1894-5, 3 p. c.; in 1895-6,
5 p. c; in 1896-7, 6 p. c; in 1897 8, 6 p. c; in 1898-9, 8 p. o.
EARNINGS—For years ending Sept. 30
Int. dk taxes. Dividends. Bal.,sur
Net.
Gross.
$8,000
$1,515
$13,762
$4,247
1898-99
$64,371
273
6,000
8,561
2,287
1897-98
55,490
Total surplus Sept. 30, 1899, $11,266.
MUNCIE, IND.
Purchased July 1,
in 1885-86.
Co. of Cleveland, O., and motive power
changed from horse to electricity. Road was extended to Appleton
and Lake Winnebago. Stock (par $50), $25,000; 1st mortgage, $25,000.
Stock, $10,000,000; par $50
o*
v „ debentures
^„i^r,+„~o
Sterling
5
!888
5M-S
^
OFFICERS—Pres., Harrison Harwood;
Treas., R.
H. Hayes; Supt., F. P. Quackenbush,
F.
all of
W. Harwood;
Clerk,
Natick.
—
MUSCATINE, IOWA.
property to L. W. Prior, of Cleveland, Ohio.
ORGANIZATION— Chartered In February, 1893. Its charter is for 25
years, and its franchise for operating street railways gives it, so it is
said, the exclusive right to do street railway business in the city for
the same period, 25 years. The gas and electric light franchise is to
operate and maintain within the city gas, electric light and power
works, and the city agrees to take not less than 21 arc lights and 270
gas street lamps for ten years. Home El. L. &. P. Co. acquired in 1896.
Date. Interest. Outstand'g.
Maturity.
STOCK
BONDS—
Stock
$300,000
&
\
Manhattan Trust Company
is
Vhject to^llTpar Jan!
mortgage
trustee.
Owns 4
Dagnon Improvement
miles of track.
NEGAUNEE, MICH.
NEGAUNEE & ISHPEMING STREET RAIL-
6.718.
MUSCATINE ELECTRIC
«*>
RAIL-
;
RY.-Trolley and light.
In March, 1899, was purchased by Harry W. Huttig, of the Huttig
Bros. Manufacturing Co., who subsequently sold a half interest in the
1st mort., $150,000, gold.
NEENAH STREET
Population 1890 was 6,078 in 1880 was 3,931
and in 1870 was 2,559.
Population 1890 was 11,454; in 1880 was 8,295;
was
&
,
ORGANIZATION, ETC.—
in 1890 was 11,345; in 1880 was 5,219;
and in 1870 was 2,992.
The former Citizens' Street Railway of Muncie ha-s been acquired by
and now forms part of the Union Traction Co. of Indiana. See the
latter under Anderson, Ind.
in 1870
MENASHA
WAY-A trolley road. Chartered
1897, by
Population
and
NEENAH, WIS.
Population 1890 was 5,083; in 1880 was 4,202;
and in 1870 was 2,655.
\',
188
WAY & ELECTRIC-
Organization—Consolidation of the Negaunee & Ishpemlng Street
Railroad Co., the Negaunee Electric Light Co. and the Ishpeming Electric & Gas Co. Capital stock paid in, $142,000; no bonded debt. Unfunded debt on Jan. 1, 1900, $7,500. Owns 4 miles of track.
OFFICERS— President, S. S. Mitchell; Vioe-President, F. Braastad;
Secretary and Treasurer, A. B. Miner.
NEW
ALBANY,
IND.
Population 1890 was 21,059; in 1880 was 16,423;
and in 1870 was 15,396.
A
ALBANY RAILWAY—
NEW
New Albany, Lafon
Hartman
BONDHOLDERS' Committee—
trolley road.
Allen and W. R. Belknap.
of
Louis
Receiver is Louis Hartman.
STREET RAILWAYS.
NEW
&
Date. Interest. Outstanding. Maturity.
BONDSStock
M-N
$30,000
Receiver's certificates
$150,000 July 1, 1913
New Albany Street Ry. 1st. .1888 6 J - J
Louisville
Tr.
Co., Louisville, Ky.
Jan., '95, coupon unpaid. Trustee,
Jan. 1, 1913
$50,000
N. Alb'yRy.M. $500,000 «... 1893 5gJ-J
Finance
Trust
Co.,
Louisville, Ky.
<fe
In default. Trustee, Columbia
ROAD— Operates 7 miles of track and road.— V. 64, p. 800.
CASTLE
NEW
Organization—
trolley
WAS
Date.
1897
Interest.
Ca'h
Bills payable
Accounts payable
3,549
138,283
Open accounts
Total
NEW HAVEN,
;
FAIR HAVEN & WEST VILLE
RR.-Atrolleyroad.
Organization— Incorporated June 20, I860.— V. 64, p. 134. OnNov.
1, 1898, the New Haven Street Railway was purchased for $200,000
stock and $500,000 one-year notes (which were taken up when due),
V. 67, p. 843, 955.
and consolidated with the F. H. &
In May, 1990, obtained control of the New England St. Ry., acquiring, it is reported, $750,000 of the $1 ,081,925 stoek of the latter company. The New England St. Ry. controls the Winchester Avenue
road, with the possession of which the Fair Haven & Westville will
control all of the street railway lines in New Haven, as well as an extensive system to surrounding localities. A sale of the New England
St. Ry. Co. holdings of stock in the Winchester Avenue was subse-
trolley road.
quently made at $49 a share to the Fair Haven & Westville, but Israel
A. Kelsey has brought suit to compel delivery of the shares to him,
claiming to have an option on them. Mr. Kelsey wants the property
for the A. M. Young syndicate.
Par. Divid's. Outs'ding.
Maturity.
Stock—
J-J $2,500,000 Apr.,1900, 1H
Stock auth. ($5,000,000)
$25
N.H. & Centerviile IstM., \ 1893
283,000
Sept. 1, 1933
5g M-S
go.,assum'dbyF.H.&W.
.
5
New Haven Street Ry.—
1st mort., gold ($600,000).
$500 and $1,000
$128,261.
lstpurch'eM.$250,000g..c.
Sept. 30.
$l,000not
1899
1898
1899
1898.
Gross earns. ..$224,468 $206,138 Dividends paid.. $36,000 $27,000
Net
94,070
74,209 Bal.,sur., for year 12,539
17,683
Int.,taxes,etc.
45,531
29,526 Total sur.Sep.30. 50,000
50,000
OFFICERS— President and Treasurer, H. H. Crapo; Vice-President,
Thos. B. Tripp; Secretary, C. A. Cook; Supt., E. E. Potter, all of New
Bedford.—V. 63, p. 1061; V. 70, p. 947, 1050.
|
|
9,840.
Co.
See
NEW BRUNSWICK,
N. J.
Population 1890 was 18,603; in 1880 was 17,166;
and in 1870 was 15,058.
MIDDLESEX & SOMERSET TRACTION CO.
—A trolley road.
Organization— Incorporated at Trenton, N. J., in Feb., 1900, as a
consolidation of the Brunswiok Traction Co., New Brunswick City Ry.
and the N. Y. & Philadelphia Traction Co., which have long been
held in the same interest.
Interest. Out.itand'g.
Maturity.
Stook, $1,500 000
$1,500,000
Brunswick Traction mtg..g.) 1896 5g. J-J
500,000 July 1 '26
($1 000) ,o* cannot be called I Fidelity Tit. A Dep. Co. of Newar'k.Trus.
Middlesex & Somerset Trao- > lr>«rv
,>
=
5
<*'
lion mtge., $1,500,000 ....$ lso °
ROAD— Controls a system from Plaintleld to New Brunswick and
Bound Brook. The Brunswiok Traction was operating in Jauuary,
1899, 51 miles of trolley track. In January, 1899, line from New
Brunswick to Somerville was opened. Extension Bound Brook to
Plainlleld was operated from Oct. 29, 1898, connecting with Plainfleld
Street Railway and giving Plainfleld trolley connections with New
Market, Lincoln, Bound Brook, Finderne, Somerville, Raritan, New
Brunswick, franklin Park and Metuchen.
OFFICERS— President, Gottfried Krueger, Newark, N. J.; Vice-President, Andrew H. Radel, Bridgeport, Conn.; 8ec'y and Treas., Edward
H. Radel, New Brunswiok, N. J.—V. 63, p. 29; V. 70, p. 229, 230, 382,
532.
)
1894 5
S
Am.
J-D
Sept. 1, 1913
Boston.
& Tr .-Co.,
250,000 June
Int. attrustee,
was increased
L.
Am.
in
L.
«fe
1,
1914
Tr. Co., Boston.
November, 189S, from
:
CENTRAL RAILWAY & ELECTRIC-This prop
& Power
600,000
Int. at trustee,
m
BRITAIN, CONN.
is now owned by the Connecticut Lighting
statement of the latter under Waterbury, Conn.
M-S
$
one-year notes issued to effect the purchase.
p-c; July l, Ik p.c; Oct.l, 1M p.c;
Dividends— On April l, 1899,
in 1900, Jan. 2, 1»« p. c; April 2, 1H p. 0.
ROAD— In July, 1899, consisted of about 65 miles of track, embracing following lines
Old F. H. & W., 20 miles, extending from
Fair Haven via Chapel Street, New Haven, to Westville, with branches
to steamboat wharf, out East Chapel Street, to railroad station, etc.;
New Haven & North Haven Street Railway, 22 miles; New Haven &
Centreville, 7% miles; former New Haven Street Railway lines, aggregating about 35 miles, and radiating from the business centre of New
Haven ("The Green") to East Rock Park, Fort Hale Park, the old
Government Light house and the Point, and the adjacent bathing
beach, Lake Whitney and Lake Saltonstall, the suburban villages of
Morris Cove, Whitney ville, East Haven, Centreville and. Westville; also
to Mt. Carmel, Cosey Beach and Mansfield's Grove.
EARNINGS— For year ending June 30, 1899, earnings of the consolidated companies were as follows:
Gross
$129,000
$576,176 Dividends
Net
68,643
229,865 Interest
3.422
Taxes
28,800 Balance surplus for year.
OFFICERS— President. Henry S. Parmelee; Viee-Pres., Samuel Hemingway; See. and Treas., Leverett Candee. Directors, H. S. Parmelee,
John B. Carrington, Samuel Hemingway, E. Hayes Trowbridge, Geo.
D. Watrous, James S. Hemingway, Wilbur F. Day, Samuel E. Merwin,
all of New Haven.— V. 64, p. 134; V. 67, p. 843, 955; V. 69, p. 905; V.
70, p. 996, 1095.
Population 1890 was 19,007; in 1880 was 13,979;
erty
capital stook
>1893 5g.
$900,000 to $2,000,000, to pay a dividend of 100 per cent in stock and
to meet part of purchase price of New Haven Street Railway, and in
Oot., 1899, was further increased to $2,500,000 to retire the $500,000
I
was
subj. to call...
STOCK —The
I
Date.
CONN.
Population 1890 was 85,981 in 1880 was 62,882
and IN 1870 was 50,840.
—
BONDS—
$34,667; net, $t,755
i
JGross
26,065; net, 1.798
EARNINGS—Year ending June 30, 1899, gross, $115,916; net, $37,170.
Officers— President, R. R. Quay, Pittsburg, Pa.; Sec. and Treas..
E. E. Hamilton, New Castle, Pa
Jan. 1 to April 30.
Consol. M. for $500,000, < 1894
5gJ-J
400,000 Jan. 2, 1914
g., s. f., not sub), to call ( Int. at Old Colony Trust Co., Boston, trustee.
Current liabilities Oct.'99
153,497
In May, 1900, was granted permission to increase its capital stock
from $450,000 to $600,000, and to issue $50,000 bonds to extend and
equip the road.— V. 70, p. 1050.
Dividends—In 1892-93 7 per cent; in 1893-94 6 per cent; in 1894-95
4 per cent; in 1895-6, 8 p. c; 1896-97, $37,000; in 1897-8, 6 p. o.;
iQ 1898-99, 8 p. c; Nov., 1899, 2 p. c; in 1900, Feb., 2 p. c; May, 2 p.c.
ROAD On Sept. 30, 1899, owned 23707 miles of trolley road (measured as single track), of which 3*74 miles is sidings, switches, etc.
Latest Earnings—Oot.l to May 31, 1900, gross, $142,765; in 1898-
&
$1,199,561
Rails, 66-lb. to 80-lb. girder.
W—
UNION STREET RAILW A Y-A
STOCK
of track.
14,
Latest Earnings— 1 mos., Gross
ORGANIZATION— Incorporated March 18, 1887.
Date.
Interest.
Outstand'g. Last div., etc
STOCK & BONDS
Stock,$600,000(par$100)
Q-F $600,000 May,1900,2%
in 1870
22,07*;
Total
$1,199,561
Road—Owns 20 miles
Companies, which see under Boston.
and
162,000
surplus
NEW BEDFORD MIDDLEBORO & BROCKTON ST. RY.—Now controlled by the Massachusetts Electric
NEW
Diridends.
$500,000
electric road.
Earnings— For years ending
Outstanding.
|
40,733; in 1880 was
55,251; in 1890
21,320; AND IN 1898 (ESTIMATED*, 60,000.
Organization, Etc—Stock, $150,000; 1st mort., $150,000, dated
1895, gold, o* ($1,000 each), 5s A-O, issued $90,000, due April 1, 1915,
trustee, International Trust Co., Boston, where interest is payable.
Dividends: In 1894-5, 8 p. c; in 1895-6, 9*2 p. c.; for 1896-97, 8
p. c; in 1897-8, 8 p. c; in 1898-9, 8 p. c; in 1900, Jan., 2 p. c; April,
2 p. c.
ROAD -Connects cities of Fall River and New Bedford. Owns 9*84
miles of track and operates in all 1997 miles of main track.
Latest Earnings— From Jan.l to May 31, gross in 1900, $35,523;
in 1899, $30,521.
Earnings— Fiscal year ending Sept. 30, 1899,gross, $98,066; net, $30,137; dividends, $12,000. Total surplus Sept. 30, 1899, $19,923. President and Treasurer, H. H. Crapo of New Bedford; Sec, Robt. S. Goff,
Fall River.
9,
Bonds—
300,000
May 1,1927
5g. M«fcN
C* $ Interest at Union Trust, Pittsburg, trustee.
$1,000
BALANCE SHEET JUNE 30, 1899.
Liabilities—
AssetsCost of road and equip. $557,729 Capital stock.
$500,000
500,000 Funded debt
Stocks other companies
500,000
DARTMOUTH & WESTPORT STREET RY.An
&
Stock, $500,000 ($50)
1st M., $500,000, g.)
Stock
John H.
NEW wasBEDFORD,wasMASS.
26,845; IN 1870
TRACTION-A trolley road.
36,000.
Road— Two
in 1895
1880 was 8,418;
in
6,164.
Incorporated Jan. 12, 1897, and took 999- year leases
of New Castle Electric Street Ry. and New Castle cfc Malioningtown St.
Ry. Rental one-third of gross receipts, and as a minimum for rlrst
five years $15,000 yearly to New Castle Elec. St. Ry.and $5,000 yearly
to New Castle & Mahoningtown Street Ry.; thereafter $18,000 and
$7,000 respectively. Population in 1899 estimated by city officials at
1,
Organization— Incorporated in
1895, New Albany Highland RR., sold in foreclosure.
Stock $25,000. 1st mortgage, $75,000, incomes for 5 years, dated
1896, 5 per cent, J. & J., issued $56,000, due January 1, 1921.
Population
CASTLE, PA.
Population 1890 was 11,600;
AND IN 1870 was
road.
HIGHLAND RAILROAD.-A
1895. Succeeded on December
miles of track.
OFFICERS— President, Henry Terstegge; Vice-President,
Bhrader, Jr.; Secretary and Treasurer. Frank H. Gohmann.
57
MANUFACTURERS' RAILROAD
CO.
May, 1896. Owns road l 1^ miles in
length, used for freight purposes, running from a freight depot to a
manufacturing section, part of the way on private land and part on
the streets. Power is obtained from Fair Haven line. Company owns
Organization— Organized
in
one electrio locomotive. Capital stock, $20,000; all issued. No bonds.
Earnings-— For year ending June 30, 1899, gross, $6,553; net,
$2,483; taxes, $200; interest, $719. Bills payable June 30, 1899,
$14,000.
1
OFFICERS- -President, George S. Barnum; Viee-Prest., N. W. KenSeoretary, Frank L. Bigelow; Treas. «fc Gen. Mgr., S. J. Fox.
dall;
STREET RAILWAYS.
58
NEW ENGLAND STREET RAILWAY
laws
under
ORGANIZATION—
8
.
of
the
Incorporated in February, 1893,
New Jersey, to control street railways in the New England States. In
Nov., 1894, acquired control of a large majority of the stock of the
Winchester Av. RR. Co. of New Haven, Conn. (18,000 out of 32,000
shares. Formerly also controlled the Plymouth & Kingston Ry. Co.
of Plymouth, Mass., but in 1899 was reported to have disposed of its
holdings in the latter. See V. 63, p. 229.
In May. 1900, the Fair Haven & Westville gained control of the New
England Street Ry., and the directors of the latter then arranged for
a sale of the company's holdings of the stock of Winchester Avenue
RR. to the Fair Haven & Westville at $49 per share, the stock of the
New England Street Ry. to be reduced by the amount of the proceeds.
Israel A. Kelsey claims to hold an option on the Winchester Avenue
stock on behalf of the A. M. Young syndicate, which owns the Bridgeport Traction and Connecticut Lighting & Power, anil has brought
suit to compel delivery of the stock to him. In the meantime, the
Fair Haven & Westville has elected new directors and new officers for
th» New England Street Ry. in its own interest, as below.
Stock.—
Par.
Last Div.
Outstanding.
Dividend.
,0<
,000
Apr., 1900,%
$25 text Q.- J. $1,081,925
°authorizfd
!?.
i
Dividends In 1895, 4*4 p. 0.; in '96, 4% p. c; in '97, 3^ p. c; in '98,
2^4 p. c; in '99, Jan., 3 p. c; in 1900, Jan., % p. c; Apr., \ p. c.
:
OFFICERS— President, Henry 8. Parmelee; Vice-Pres., Samuel Hemingway; Sec. and Treas., A. E. Pond, New Haven, Conn —V. 63, p.
229; V. 70, p. 740, 842, 895, 946, 997, 1095.
(1)
WINCHESTER AVENUE RAILROAD -A trolley road.
Organization—The New Haven & West Haven RR.
has been
absorbed by consolidation. In December, 1895, leased West Shore
Railway for 99 years, guaranteeing interest and 5 per cent dividends.
Stock
&
Bonds.—
Par.
1st M.
5 g. M.-N.
gold 1892.. e*<fcr < Interest at 1st Nat.
(
Last div. etc.
Apr.,1900,2%
Nov. 1. 1912
$800,000
500,000
Bank, N. Y., and in Boston
at Safe Deposit & Trust Co.
$25
Stock, $1,000,000
Outstanding.
Interest.
Q.— J./f
Co.,
STOCK—In May, 1897, the Legislature authorized an increase of
capital stock from $600,000 to $1,000,000 and extension of the traoks.
In April, 1899, stockholders voted to issue $200,000 of the additional
etook, raising amount outstanding from $600,000 to $800,000.
Bonds—The bonds are joint obligations of the Winchester Avenue
RR. Co. and the New Haven & West Haven and cover all property
owned or to be hereafter acquired under the charters.
ROAD— In August, 1899, was operating 23'21 miles of track, of
which 19 31 owned. Its lines extend to Union Depot, Savin Rock, City
Point, Evergreen Cemetery out Congress Ave. to Boulevard; also
Crosstown line to Read Street. Leases West Shore Ry.—which see.
ANNUAL REPORT— For year ending June 30, 1899, gross, $271,942;
-
net, $113,286; interest, $33,265; taxes, $15,293; dividends, $64,002;
bal., sur., $726. For fiscal year ending Sept. 30, in 1897-98, gross was
$267,452; net, $122,159; taxes, $13,068; interest, $36,541; dividends, $64,000; balance, surplus for year, $8,550. In 1896-97 gross,
$248,320; net, $114,786.
Assets
Liabilities.
Cash
Profitandloss
Total
—V.
$925,903 Stock
316,380 Bonds
44,097 Bills payable
35.598 Accounts payable
33,008 Wages accrued
$1,354,986
Total
$800,000
514,000
30,000
10,674
312
$1,354,986
NEW
ORLEANS, LA.
Population 1890 was 242,039; in 1880 was 216,090;
and in 1870 was 191.418.
ALGIERS
GOULDSBORO
miles with animal power.
$25,000.
Capital stock, $25,000; bonds
President, Treasurer and Supt., A. M. Halliday.
NEW ORLEANS
CITY RAILROAD.-In
1899
acquired the property of the old New Orleans Traction Co. sold at
foreclosure and reorganized in accordance with plan published in V.
67. p, 736. Of the constituent companies of the New Orleans Traction Co the Crescent City was sold at foreclosure and its property acquired free from all incumbrances, and the New Orleans City & Lake
taken over subject to the liens mentioned below.
In April, 1900, an agreement to pool the common stock in the hands
of Samuel C. Henning, John W. Barr, Jr., and John C. Russell was
proposed The agreement provides that stock can not be sold at less
than $35 per share, except with consent of three-fourths of all stock
deposited.
STOCKS AND BONDS—
Commonstock
Pref. stock, 5 p. c. cum
New
e-en
™i<?
g
M
Date.
Interest.
Outstand'g.
Maturity.
$5,000,000
2,500,000
July.1900.2ia
4 5 «•
1898
s 000 000
July 1, 1943
000 >( int.at
50 uoy
^250
4 p. c. for 5 y'rs and 5 p c. thereafter,
"
<*3
* rf
.
(
payable at Louisiana Nat. Bank.
6 J-D
398,500 Deo.
5gJ-J 2,599,500 Jan.
New Orl. City RR..lst M. 1879
New Orleans City & Lake ) 1893
1st M. for $5,000,000
gold, $500 &c
c*
61
1 6
^tM^^^T
.
»
:"."!!?!
.!
1, 1903
1, 1943
on & aft.July 1,'98 at 110
New Orleans Nat. Bank.
6kJ -D
135,000 June 1,1917
> Sub. to call for s.f.
) Int. payable at
!
1897
The new preferred stock is to elect a majority of directors until dividends thereon for five years have been paid, and to have a preference
as to assets and dividends. No lien is to be created without the assent
of a majority of the preferred stock.
The new general 4-5s have a first mortgage on the lines of the old
Crescent City RR., and a lien after the consol. 5s of 1893 on the lines
of the New Orleans City & Lake. They also have an equal lien with
the consol. 5s on the equity in the power house. Of the issue, $250,000 are to be reserved for new property, of which not exceeding
$100,000 to be used at present.
DIVIDENDS— Paid dividends of 2^ p. c. on preferred in July, 1899,
and in Jan. and July, 1900.
Gross, $439,451; net, $163,754
Latest Earnings— 4 mos.,) 1900
Gross, 434,929; net, 181,832
Jan. 1 to Apr. 30.
5 1899
REPORT for 8 months ending Dec. 31, 1899 (V. 70, p. 530), shows
BALANCE SHEET DEC.
Property and iranc's..$13,720,99<5 Preferred stock
5,582 Common stock
Bonds and stock.
24,070 Bonds, 5 p. c.
Mater') s and supplies.
Prepaid accounts
receivable.
10,743
4,554
101,947
real
estate
(value, $70,000)
Profit and loss
57,000
12,836
&c,
interest and dividends at 5 per cent per annum being guaranteed.
STOCK
BONDS— Miles. Date. Interest. Otitstanding. Maturity.
Stock, $200,000 ($25)
5
$80,000f.p. 5%div.giiar.
1st M., $30,000, gold, ) 3-9 1894 5 J-J
30,000
July 1, 1914
subject to call
\ Interest at Merchants' Nat. Bank, New Haven.
ROAD— Owns road 3-9 miles in length, extending from Savin Rock to
Woodmont in the towns of Orange and Milf ord. Also has trackage over
Winchester Avenue Line to centre of New Haven. Rails T 60 lbs.
$2,500,000
5,000.000
2.599,500
3,000,000
398.500
143,000
p. c
6s due
Dec, 1903.
Power-house 6s
payable, pay-
rolls, etc
Employees' secur. dep.
Coupon accounts
Dividends
Impt. acot., real estate
&
86.
Bonds, 4-5
Accts.
Special
ORGANIZATION— Commenced operating July 1, 1894. From Dec,
1895, road was leased for 99 years to Winchester Avenue Railroad,
31, 1899.
Liabilities -
Assets
Cash
WEST SHORE RAILWAY—A trolley road.
— V.62,p
& GRETNA-
Road— 3'75
Accts.
68, p. 234, 774, 979; V. 69, p. 284; V. 70, p. 740, 843.
(2)
net, $14,883
July 1 to Mar. 31.
40,191; net, 15,605
\ 1899.. Gross,
Annual Report— For year ending June 30, 1899, results have been:
Gross, $56,574; net, $23,621; interest, $5,500; taxes, $3,530; dividends, $12,500; balance, surplus, $2,1 91.
Officers— President and Secretary, Walter Learned, New London;
Treasurer, William A, Tucker; Superintendent and Purchasing Agent,
Lorenzo Bentley.— V. 61, p. 611; V. 62, p. 684.
gross earnings ¥914,065; net (including $8,681 miscellaneous), $374,594; interest, taxes and licences, $262,430; balance, surplus, $1 12,164.
GENERAL, BALANCE SHEET SEPT. 30, 1899.
Construct'n & equipm't
Stock rights, etc
Miscellaneous
Latest Earnings— 9 months, > 1900. Gross, $39,400;
49,637
18,050
150,377
65,969
12,697
Total
$13,937,730
miles of track; equipped with 300 electric mo-
$13,937,730
Total
Road— Operates 115
and 39 W. E. trail cars.
OFFICERS— President, R. M. Walmsley; Secretary and Treasurer, A.
tors
New Orleans.— V. 68, p. 86, 187, 429, 525, 824, 926, 1226;
V. 69, p. 1247, 1248; V. 70, p. 328, 530, 740, 946.
H. Ford,
NEW HAVEN
STREET RY".— 1898
&
RR.— which
above—
ORLEANS & CARROLLTON RR.NEW
Canal &
ORQANIZATION— 1899 was
NEW
HAVEN
& CENTREVILLE STREET STOCK & BONDS—
textQ-J
Apr.,1900,2%
Acquired
1897 by
Haven &
In
with Fair Haven
Westville
consolidated
V. 66, p. 843, 945.
see
In
RY.—
Fair
in
NEW
Westville
RR.
LONDON, CONN.
NEW LONDON STREET 'RY-A
-
'.
.
.
.
. !
trolley road.
}
-
718 1893 5gA-0
$250,000
110,000
23,567
1900, 2%
1, 1923
payable June 30, 1899
Interest and dividends are payable at American Loan & Trust Co.,
Boston. Of the mortgage for $1 50,000 the balance unissued is reserved
'to be applied under laws of Connecticut for new property, as needed,
at not exceeding 75 per cent of its cost.
Dividends July, 1894, 2*2 p. c; in 1895, 6 p. c; in 1896, 7 p. c; In
1897, 7 p. c; in 1898, 7 p. c; in 1899, 5 p. c; in 1900, Jan., 2 p. c.
ROAD—Owns 7-18 miles of road (single track) laid with 48-lb. T rails
1st
Bills
Claiborne.
Last div., etc.
Outstand'g.
6F- A
6F-A
^6
ORGANIZATION— Incorporated in 1886, and has perpetual franchise.
Miles. Date.
Int.
Outstand'g. Last div., etc.
STOCK & BONDS—
5 00 000 a U * h
J J
Jan.,
M.,' $150,066", gold'.
Interest.
$1,200,000
1902
90,000
1906
1882
95,000
do
Do
Bank,
N.
Interest at Hibernia Nat.
O.
C 1 QH5
1893
6 F - A.
350,000
S
2d mortgage, gold
Interest at Hibernia Nat. Bank, N. O. ) 1907
5.1- J
800.000
(?)
Consol. M., $2,000,000) 1P99
C$500 and $1.000) ...\ Interest at office of company.
Canal & Claiborne RR.
1912
133,000
1st mortgage, subjects 1892
to call after 5 years.
Canal & Claiborne RR. ) 1896 6
_N
May 1, 1946
599,000
Cap.st.,$100, $1,200,000 ....
1882
1st mortgage
population 1890 was 13,757; in 1880 was 10,537;
AND IN 1870 was 9,576.
^llOO^
consolidated with
Date.
Oct.
6M-N
M
00<M*500
'&*
"$1
000')"
J
lDtere8t at
NeW ° rlean3 0mC6
-
Notes for $250,000 issued in 1897 for floating debt and extensions.
BONDS— Of the $2,000,000 new consols authorized in 1899 $535,000
are reserved to take up a corresponding amount of old 1st and 2d sixes.
Dividends in 1894 to 1899 inclusive, 6 per cent per annum; in
1900, Jan., 2 p. c; Apr., 2 p. c.
EARNINGS— Calendar year 1898 (before consolidation), gross, $396,313; net, $177,500.
In 1897, gross, $382,106 net, $177,690.
Road— Operates 36^
miles of trolley track.
STREET RAILWAYS.
OFFICERS— President, J. K. Newman; Secretary and Treae., W. V.
Crouch; Managers, Ford, Bacon <fe Davis, 149 Broadway, New York
City.— V. 66, p. 520; V. 68, p, 429.
ORLEANS RAILROAD-A trolley road.
Organization— Chartered July l, 1887.
Date. Interest. Outetand'g. Last
Stock & Bonds—
Stock, $500,000, par
„„„,,«,
Bonas
....
5
Mort., $300,000, gold, c
Second mortgage, gold, c
Dividends— June, 1894,
$$1,000
1895
1897
l 1^
div. etc.
See text.
Apr. 30, 1912
6 M-N
subject to call Mavl yearly at par.
300,000
1912
6 J-.I
100,000
1912
6 J-J
cent; 1 p. c. was paid on Apr. 16,
$185,000
18,000
$50
per
1900.
Road— Operates
11 miles of track.
Perrin; Secretary and Treasurer,
OFFICERS— President, Emilien
W. McMurdo. V. 69, p. 1346.
R
ORLEANS & JEFFERSON RY.-To be a trolley road.
Organization— Chartered in 1898 to construct a road from New Orleans to West End and Lake City, La.
Date. Interest. Otitsland'fj.
Maturity.
STOCK & BONDS—
Stock. $250,000 (par, $50)
$100,000
1st M.„ *300,000, gold. I _ 1898_5g. M.S.
5,000 Feb. 1, 1923
($1,000 each) c*
* Int. atCo/s ollice, 708 Union St., N.Orleans.
Sinking fund, payable yearly, is sufficient to take up bonds at maturity.
ROAD—To
be 10 miles of track on 8 miles of road. Contracts were
let in March, 1899, and work to cost $225,000; but owing to the
failure of the construction company work has stopped. In November,
1899, it was stated that arrangements would be made as soon as
possible to complete the road. It is said tho road is all graded, ties in
place and rails ready to be laid.
OFFICERS— Pros.. Thomas W. Castleman; Sec, Chas. J. Zell; Vice-P.
and Eng'r, Robert R. Zell.
ST.
CHARLES STREET-A
trolley road.
Dividends in 1897. 6
p.
c; in 1898,
m
5^
p. c.
In 1899,
5^
p. c.
In
1900, Jan., 1*4 p. c; Apr.,
p. c.
ROAD— Operates 12 miles of track.
OFFICERS— Sec. and Treas., N. Riviere.
NEW YORK
Mutual Life
Lessor Companies —
erties to
950,000
~
Broadway & 7th Ave. consol.1893 5g. J-D 7,500,000
'83, &c, 5 p. c. 4,850,000
Do underlying bonds
23d St. IstM
1893 6 J-J
250,000
188H 5 J-J
Do debentures
150,000
Bleecker8t.&FultonF.lstM.1876 4 J-J
700,000
E. R. 1st M. 1872 7 J-D
Central Pk. No.
1,200,000
42dSt.&Grand8t. Fer. lstM.1894 6 J-J
236,000
<fc
2d Ave. 1st mortgage
2d Ave. debentures
2d Ave. 1st consol. mort
5
5
1898
5g.
M-N
J-J
F-A
Dec.
1,
1943
1904-1924
1909
Jan.,
1906
Jan.,
Jan. l,1950t
Dec. 1902
Jan. 1, 1909
1,600,000 Nov., 1909
1909
240,000 Jan.,
3,570,000 Feb. 1, 1948
Third Avenue RR.—See that company's statement.
—
Companies separately operated
28th & 29th St. Crosst. st M.1896 5 A-O
1*96 5 A-O
34th St. Crosstown 1st M
1882 6 M-N
Central Crosstown lsc M
Christopher & lOih S'. 1st M.1893 i^ A-O
Fulton St. RK IstM
1895 4 M-N
J
These bonds, maturing cd
May
1,500,000 Oct. 1, 1996
1,000,000 Apr. 1, 1996
250,000 Nov. 1, 1922
210,000 Oct. 1, 1918
500,000 Nov. 1,1995
are all held by the Metro900, had not been taken up.
t These bonds were formerly 7 per cents and fell due Jan. 1, 1900,
but were extended by the Bleecker St. and Fulton Ferry Ry. as 4 per
politan Crosstown, and
up
1, 19">0,
to Jute,
1
cents.
STOCK— As to increase of authorized capital stock in July, 1898, to
$45,000,000, and in May. 1900, to $52,000,000, see General Finances
below.
N. Y.
MANHATTAN RY-
METROPOLITAN STREET RAILWAYCable, underground trolley, horse.
ORGANIZATION—Chartered in 1893, and by consolidation, lease and
otherwise has acquired control of practically all tho street railways
of Manhattan Island except the Manhattan Elevated. The latest acquisition is the purchase and lease in 1900 of the Third Avenue Rail'
road.
The Metropolitan Street Ry. has absorbed by consolidation the
following companies, embracing the "lines owned."
In 1893IN 1804 AND 1895Houst. West St. & Pavonia Ferry.
Metropolitan Crosstown.
Chambers St. & Grand St. Kerry.
Lexington Ave. & Pav. Ferry (Cable).
Broadway Railway.
Columbus & nth Ave. RK. (Cable).
South Ferry RR.
In addition the companies shown in the table of mileage as "leased
etc.," have been acquired from time to time by lease or stock ownership. The latest acquisitions are: In July, 1896, the New York &
Harlem RR.; in 1897 the Central Crosstown (in eluding Christopher
and 10th Street) and Second Avenue. The miles of track operated
has thus been increased as follows From 80 in 1893 to 131 in 1894,
to 140 in 1895, to 172 in 1896, to 227 in 189^. The acquisition in
1900 of the Third Avenue system adds 173 miles more of track, making
a grand total of 100 miles of track.
The Elm Street Connecting Railway Co. was incorporated in May,
1900, in the interest of the Metropolitan Street Ry. to build a line on
:
Elm
St. from Centre St. to Great Jones St. and through Lafayette
Place, a distance of 6,000 feet, as a short route for the Fourth Avenue
line.
purchased in the open market a conThird Avenue Railroad and in May, 1900, took
(V. 70, p. 584),
New Electric Lines.—The company in June, 1900, was using Its underground electric system on Eighth Avenue line from 158th to Battery
Place; over the ontire Fourth Avenue line over the greater portion
of the Second Ave. line,; over the 23d Street line and over the Sixth
Ave. line via 59th Street and Amsterdam Ave. The Broadway cable
also Is being prepared for operation with the same motive power.—
V. 66, p. 337, 520, 616; V. 67, p. 530, 736, 956.
In August, 1899, began to operate the Twenty-eighth Street and
Twenty-ninth Street lines exclusively with air-power cars, and is
expected to uce this kind of motive power on the other cross-town
Hnes in the course of time, except the 23d St. line.
As to the relative earning capacity of the horse, cable and underground electric lines of the system see President Vroeland's state;
& PowerCo.,
incorporated
In Nov., 1898, with capital of $25,000,000, will distribute to the public, together with its own ourrent, the surplus current of the
Metropolitan St. Ry.— V. 67, p. 1263. The Metropolitan St. Ry. is largely
was exchanged
dollar for dollar for stock of Street Railway Co.:
1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899.
None.
7
Per cent. 5 4
3
5
5
5
5
5
In October, 1897, a distribution of 20 per cent in debenture certificates (paid off Oct. 15, 1898) was made to Traction stockholders. (V.
65, p. 620.) In 1900, Jan., 1% p c.was paid; Apr., 1% p. c; July, 1%
1897,
CITY,
ment in V. 67, p. 956; also V. 69, p. 489.
The New York Gas & Electric Light, Heat
j
—
;
In March, 1900
&
Date.
Interest. Outstanding.
Maturity.
Bonds—
Stock
Q-J $45,000,000 July, 1900,1%
Stock ($100/, $52,000,000.
8 > 5 A.-O.
600,000 Apr. 1, 1920
Metropol. Crosst. 1st M. *
In t. at N. Y. Security & Trust Co., N. Y. City.
1890
2d mortgage
5 M-N
300.000 Mavl, 1900*
Lex. Av.& P. Ferry IstM., 5 1893
5g M-S
5,000,000 Sep.1,1993
gold
c*<fer \ Interest at Nat. Union Bank. New York.
Columbus & 9th Ave. $
1893
5g. M-8
3,000,000 Sep. 1, 1993
1st mort., gold, c.tr. I Trustee is Guaranty Trust Co., N. Y. City.
Metropolitan Street Ry.
Gen. ooll.tr. M., $12,500,-; 1897 5g. F-A
12,500,000 Feb. 1, 1997
000 g. ($1000, &c.).c\fer \ Int. at NatL Union Bank, N. Y.
guar.,$l,ti00
Ferry
>
So.
1st
i 889
5 A-O
350,000 Apr. 1,1918
9350,000.......
5
Mort. on car stable prop- > 1899
1902
Dividends The dividends paid have been as follows, those prior to
1898 having been paid on the Metropolitan Traction Stock, -which was
increased in 1892, from $20,000,000 to $30,000,000, and in October,
Population in 1890 was 1,515,501 in 1880 was 1,206,290
and in 1870 was 942,292.
See Investors' Supplement.
trolling Interest in the
a lease of the same.
Interested in the International and American Air Power Co.— V. 68, p.
130. In November, 1893, President Vreeland was quoted as saying
that the American Air Power Co., to the presidency of which he had
lust been elected, and which operates the compressed-air cars run over
the cross-town lines, had been "practically under the control of that
company since its formation." V. 69, p. 1060.
*
Organization— Organized in 1866. Franchise said to expire in 1906.
Interest.
Oulstand'g.
Maturity.
Date.
STOCK & BONDS—
Capital stock, $50
See text.
text, Q- J
$1,000,000
IstM. $15,000 pd.y'ly
75,000J'nel'97-190l
1881
6 J -D
Interest paid by National Bank of Commerce, N. Y. City.
Stock increased from $600,000 to $1,000,000 in February, 1895.
59
Year—
)
p. c.
BONDS— The Lexington Avenue <£ Pavonia Ferry ;s and Columbus Ninth Avenue js were fully described in V. 60, p. 1146. Both
were guaranteed and later assumed by the Met. Street Ry,, Co.
The general coll. trust mortgage of 1897 is secured by deposit of the
stocks (par value) of the Broadway & 7th Ave., $1,400,000; 42d Street
& Grand Street Ferry RR., $400,000; Central Park N. & E. River RR.,
$300,000; 34th 8treet Crosstown Ry., $990,000; also all property of
H. W. St. & P. V. RR., Chambers St. & Grand St. Ferry RR., Broadway
Ry., So. Ferry RR., Met. Crosstown Ry., Lex. Ave. & Pav. Ferry RR.,
Columbus & 9th Ave., and Ft. Lee Ferry Extension; also leasehold
Interests, contracts, real estate (valued as below stated), etc. See application to N. Y. Stock Exchange in V. 65, p. 826.
Investments— (See official list in V. 65, p. 826.)—The following is
the par value of the principal stocks and bonds of subsidiary street
railways, which in June, 1900, were the property of the company:
Broadway & 7th Ave., stock.. $1,406,200 28th & 29th Sts. (all), stock.. $1,500,000
Cent. Pk. N. & E. Riv., stock.
3.16,900
263,700
North & East River
<£•
|
*2d St. & Gr'd St. Fer., stock.
443,000
JUth Sf. Crnsst'n (all), stock.. 1,000.000
RK
Real ESTATE—The real
2dAve.,stock
15. .000
Tent. Crosstown. stock
461.500
Third Avenue RR
(?)
estate in New York City (see V. 65, p. 826),
owned in fee, subject to the geueral mortgage & collateral trust
deed of 1897 (including $2,450,000 subject to the prior lien of the
Lexington Avenue mortgage) was valued in February, 1900, at $6,257,019; owned by subsidiary companies, $7,039,750; total, $13,296,769.
General Finances.— In July, 1897, $12,500,000 of general mortgage and collateral trust bonds were sold to provide for changes in
Fult. u St.
motive power,
500,0
The Second Avenue RR. was taken over under
etc.
lease March 1, 1898, dividends of 8 per cent (after March 1, 1901, 9
per cent) being guaranteed. In 1898, tho Second Avenue Company
made a mortgage for $7,000,000. In 1900 the Third Avenue RR. was
leased. See terms elsewhere.
In Aug., 1898, $15,000,000 additional stock was authorized (making
$45,000,000). of which $10,000,000 was allotted to stockholders at
par in exchange for the $6,000,000 debenture certificates (which were
called October 15, 1898), and to provide $4,000,000 for ohange of
motive power; the remaining $5,000,000 was alloted to stockholders
at par August, 1899. V. 66, p. 337, 900, 1237; V. 67, p. 178, 320; V.
69, p. 27. In May, 1900, stock was increased by $7.000,f 00, making
a total of $52,00o,000 authorized. The new issue is to be used in the
conversion of 23 miles of cable traction to underground electric,
and other improvements already in progress.— V. 70, p. 996,
Latest Earnings— Nine months to March 31:
Charges.
Other inn.
Surplus
Ores.
Wet
$10,172,204 $5,240,732 $430,506 93,288,649 $'-',132,649
530,627
3,212,322
1,736,669
4,468.364
8,850,222
Annual Report— Full statement for year ending June 30, 1899,
in V. 69, p. 489 and p. 904, showing on the same basis of mileage in.
the last two years
1900
1899
:
-
STREET RAILWAYS.
60
1808-9
1897
Gross earnings. $10,158,6*0
$10,730,474
5.10^,<90
315,648
Total net inc. 17,116,812
$6,165,586
.
.
.
..
Taxes
:|.,477,757
8,609,9fl0
Bal. fordiv\ls.t2,639.056
*1,845,570
'nterest
Rentals..
I
The dividends paid out iu 1898-9 called for $2,471,675.
The following shows the growth of the company's system:
ALL LINKS CONTROLLED.
LINES INCLUDED IN EARNS
Tear.
B£lle». Pav'a Past. Transfers.
1898-90
?2
2116.303,073 131,878,057
1897-98
237 220,170,511 105,410,778
1690-97.... 227 211,614.558
72.259.S89
LINES INCLUDED IN EARNINGS.
18! is
205,49.)
ii'.i
-.'ua
2.". I
18:17-98
2.9
198,770,109
]
28,365,181
90.380,411
Whitney.-V. 67,
1-97-8.
18fc8-H.
8.
6,74»,91w
866,8 >3
Net earnings.
Other income
Year.
1896-97
i:i2
1895-96....
1594-95
1893-94
1892-03
1891-92..
Companies controlled by Metropolitan Street Ry.
— (Conc'l
)
Pay'g Pats. Transfers.
Jlii,*
56,929.611
177,778,098
r
172
140
14. ),965,2M
28,45(1,006
1"9,686,472
131
107,1130.524
80
63,011,785
45,239,e70
9,671,697
6,306,645
3,203,832
2,645,810
61
.
p. 126, 178, 320, 530, 577, 690, 736, 901, 956, 1110,
V. 68, p. ISO, 380, 429, 430, 619, 774, 928, 1077. 1182;
V. 69, p. 27, 180, 283, 334, 489, 492, 542, 591, 645 904. 1062, 1103.
1193; V. 70, p. 125, 381, 480, 584, 740, 792, 945, 996, 1049. 1150, 1249.
1207, 1263.
Road-— The statement below includes all tracks owned by the Metropolitan Street Railway Company, all tracks owned by companies
leased by the Metropolitan Street Railway Company, all tracks leased
from companies not in the Metropolitan System and from city of New
BLEECKER STREET A FULTON FERRY RR.— A
(1)
Organization— Chartered Dec.
12, 1864.
horse road.
Leased to 23d
st. Ry. Co.
lease assigned to Met. St. Ry., rental 7 per
cent on $700,000 bonds and 1*2 per cent per annum on stock.
Jan. 10, 1876 for 99 years
;
&
STOCK BONDS— Par.
Stock
100
1st mortgage, gold. .1,000
Interest.
Outstanding.
Maturity,
etc
l^J.-J.
$900,000
See text
4 J.-J.g.
700,000
1950
The first mortgage bonds for $700,000 were 7 per cents until Jan. 1,
1900, when they fell due and were extended by the Bleecker Street
A Fulton Ferry Co. at 4 per cent, on the same lien, and made payable
in gold.
York.
From
N&me.
B'way Cable 59th
St. A:
st.
St.
7th
50tb
15th
South Ferry.
South Ferry.
2d Ave
2d Ave
2d Ave
2d Ave
2d Ave
Sidings..
23d
23d
23d
oven'd leased.
1004
('anal
A;
Canal
A
Thompson...
Wooster Sts.
5 80
380
•37
.
Vesey & Church Sts.
2d Ave. & Stuyvesant
2d Ave. & 129th St...
Stuyvesant & 2d Ave
1st Ave. a 126th St
Peck Slip & Water St.
Worth 8t. & Bowery..
92d St AE. River....
Chatham Square. ..
2d Ave
2d Ave
2d Ave
23d St
23d St
Mil ex
Ave. South Ferry
& Broadway.
& Union Sq..
7th Ave
7th Ave
Miles
To
St. Ferry. N. R.
St.
2d Ave. ..
St.. N.
A
Bleeoker St.
R
Bleecker St. Bleecker & Greene St.'
Bleecker St. Canal St. & Bowery.
Bleecker St. iFulton & Water Sts..
Bleecker St. Canal St. & Bowery..
14th St
14th St. &9th Ave...
Belt Line.W. !59thSt & 10th Ave..
Belt Line. E. l59th St. & 1st Ave...
Belt Line... !59thSt. & 10th Ave.
Belt Line... Sidings'
42dAGr.st.F 42dSt. Ferry, N. R...
6ih Ave. .. 59th St &6th Ave...
8th Ave
Central Bridge
8th Ave
Canal St. & W. B'way
8th Ave
8th Ave. & 149th St..
9th Ave
26th St. A Amst.Ave.
9th Ave
59th St. & 9th Ave...
9th Ave
Canal &Wash'i'n Sts.
4th Ave
Mott Haven
4th Ave,
Astoria Ferry
4th Ave
34th St. Ferry
Avenue C... 42d St. & Park Ave..
1 Oth St. Ferry, E. R..
Avenue C
1
South Ferry
Fulton Ferry
.'d Ave. & Stuyvesant
B'way A Astor Place.
Ucanil & Forsyth Sts
Chatham Squaie
142
2 96
11-86
•64
840
•63
•76
A
&
A
R
Worth
B'way...
St.
8th Ave ..
St.
Pear) St.
N.Bowery
23d St., E.
34th St. Ferry. E. R.
36th
343
•37
335
•40
Fulton Ferry
Canal A Elm Sts
Beekman A Sout Sts
6-
•37
62
A Bowery.
A Elm Sts
14th -t. A 4th Ave
South Ferry
South Feny
Canal
Canal
St.
•26
1-82
9 58
.
59th
St.
A
1st
..
12 05
3 08
E.R
8-0i
Ave
•28
.
1
Avenue C
ChambersSt.
ChambersSt.
Met.Crosst'n
Met.Crosst'n
Met.Crosst'n
Met.Crosst'n
Grand
St. Ferry.
St. * Broadway
Broad »aj
St.
Vesey
Vesey
A
-'way A f'anal St
8th Ave. A 159th St..
59th St. <Jfc9th Ave...
Fulton St. A B'way..
Canal A Greenwich
Post Office
8th Ave. A 86th St...
32dSt. A 4th Ave....
779
17-44
38
•96
6-84
8-88
•c>5
.
Chambers st. Ferrv..
Avenue C & 10th St
Pitt St. A Avenue C. Madison A Ridge 8ts.
Grand St. Ferry, E.R. Cham. St. Ferry, N. R.
Mad. A NewCharabers Roosevelt St. Ferrv..
Grand St. Ferry, E.R. 14th St. Ferry, K. R.
W. B'way & Spring St. Desbrosses St. Ferry.
6th Ave. & W. 3d St. W. 3d St. A W. B'way
W. B'way & Broome. Canal St. <te W. B'way
Broome & W. B'way. Broome A Wooster Sts.
53d St. &6th Ave ... 11 oth St. &Col. Ave.
106th St. & Col. Ave !06thSt. A Ams.Ave.
Broomest.ex
Colum Ave.
106th St. Br.
Ft. Lee Fy.. 125th St.& Amst.Ave.
Ft. Lee Fy.. Manhatn.St. A B'way
Lenox Ave.. Lenox Ave. & 116th..
Lenox Ave.. Lenox Ave. & 116th..
11 6th St. Br. Pleasant Ave
Man.Ave. Br 116th St. &Manh.Av.
Lex. Ave.. .. 23d St. & Broadway.
65
I
.
li
17-47
2 13
i-39
732
.
125th St. A B'way....
12th Ave. A 130th St
Lenox Ave. A 14 6th St
Lenox Ave. A 1 lOthSt
Manhattan Ave
1
•32
•14
38
01
4-23
6-42
1-09
•22
•32
•15
614
•34
•32
•50
3 05
to
and cable road.
Organization— Chartered May 26, 1864. Leased May 13, 1890,
for unexpired term of charter and for any extensions of the same
to Houston West St. A Pavonia Ferry, now Metropolitan St. Ry. Co.
Rental— Interest on bonds and 10 per cent on $2,100,C00 stock, of
which Metropolitan Street Ry. Co. owns $1,406,200.
Stock
&
Bonds—
Par.'
Interest.
100
10 Q. -J.
Outstanding.
Maturity.
$2,100,000 See text
1,500,000 June,
1904
5 J. - J.
500,000 July,
1914
5 J. - J.
1,500,000 July,
1924
5 J. - J.
1,000,000 July,
1905
5 A. - O.
350,000 Apr. 1, 1919
5 g. J.-D.
7,650,000 Dee. 1, 1943
'93 for $12,500,000. \ Interest at Guaranty Trust Co. of New York,
Of the consol. mort. of 1893, for $12,500,000, $4,850,000 is reserved
to retire at maturity the other bonds in the table. The outstanding
consols paid for laying the Broadway cable. The consols are guaranteed, principal and interest, under the terms of the mortgage by the
Metropolitan Street Railway Co., which now owns the Broadway line
south of 15th Street. They cover the road owned in fee, also the right
to use the tracks on Broadway from 15th Street to the Battery they
are also a direct lien on the cable, etc. Trustee, Guaranty Trust Co.
The Broadway A 7th Avenue assumed the Broadway Surface
1st mortgage bonds for $1,500,000 and payment of interest on the second mortgage bonds for $1,000,000, for use of tracks between 15th
Street and ferry. South Ferry 5s. assumed under lease.
ROAD— Including Broadway Cables, 7th Ave. and South Ferry lines;
owned 2001 miles; operated under trackage rights, 1-97 miles; total
track operated, 2198 miles.
Stock
Mortgage of 1883
1,000
2d Mortgage of 18 84.... 1,000
B'way Surface 1st guar.. 1,000
do 2d M. int. as rent.. 1,000
So. Ferry 1st guar
1,000
By.& 7th Av. Con. M.of ) 1,000
Is
5 J. - D.
.
;
INDEX— V.
58, p. 733.
621 Broadway.
Office
CENTRAL CROSSTOWN RR.—A horse road.
Organization- Chartered March 28, 1873. May 28, 1890, leased
the Christopher A Tenth St. RR. at 8 p. c. on stock and interest on debt.
In May, 1897, control was obtained in the interest of the Metropolian St. Ry., which in Feb., 1900, owned $461,500 of the stock.—V. 64,
p. 1001, 1042.
Par.
interest.
Stock
Outstand'g. Maturity.
Bonds.—
Stock ($600,000,
100 7 Q. - J. $600,000
See text
lstmortgage
1,000 6 M. - N.
250,000 Nov. 1, 1922
Dividends.— In fiscal year 1893-4 paid 7 p. c; in 1894-5, 7 p. c;
1895-6, 8*2 p. c; in 1896-7, 10 in 1897-8, 10 in 1898-99, 10 p. c.
Road— Track owned is 4*15 miles; leases from Christopher A 10th
St. RR., 3*92 miles.
Including trackage rights from Metropolitan,
total track operated is 14 miles.
;
;
•87
•74
9-96
209'25
Total of all lines included in earnings
rights, -42
&
4903 160-22
Total.
BROADWAY A SEVENTH AVENUE-A horse
(2)
(3)
•68
3 05
109 th St AColu. Ave
131sc St AL^x. Ave
ROAD— Owned 10-6 miles. Operated under trackage
miles; total track operated, 11-02 miles.— V. 69, p. 1344.
The following shows the roads separately operated, with the tracks
owned by them:
Central Cross-town Railroad
4 15 miles
Latest Earnings— Six months
6 months—
1899
1898
Oross.
$310,786
306,667
to Dec. 31:
Net.
Oth. income.
$96,175
95,271
$2,721
2,342
Charges
$54,777
54,964
Surplus.
$44,119
42,649
-
Christopher A 10th Sts. Railroad.
Fulton St. Railroad
34th St. Cross-town Railway
28th A 29th Sts. Cross-town RR.
"
"
"
"
4-76
105
1-63
608
Annual Report— For years ending June 30. (See V. 67, p. 951)
7r.toJune30.
1899.
1898.
1899.
1898.
Gross earnings. $603,307$576,995
Taxes A rent ) t1 . Q c -„ v-maocc
£*H3,b73
*t>109,8bb
Net
179,407 184,529 Interest
Other income...
4,739
6,360 Surplus
70,473
81,023
I
|
I
|
1767 miles
Total
CENTRAL PARK NORTH A EAST RIVER. -Horse road.
(4)
Adding the foregoing to the 209-25 miles Included in the earnings
of the Metropolitan Street Railway report, as above, we get a total of
226-92 miles of tracks embraced in the Metropolitan System.
These figures do not embrace the Third Avenue Railroad system,
which comprises 172*65 miles of track. Including this, the total of
track owned and controlled by the Metropolitan is raised to 399-57
19, 1860. Lease— Leased to Metropolitan Ry. Co. Oct. 14, 1892, for length of charter and renewals thereof
at 8 per cent on stock till Oct. 1, 1897, thereafter 9 per cent (V. 55, p.
894)
Metropolitan St.Ry. owned in Feb., 1900, $336,900 of the stock.
miles.
Stock. (See rental below.)..
Equipment.— The following
the equipment for the lines included
in earnings, but not embracing the lines separately operated:
is
Organization— Chartered July
.
STOCK
&
BONDS—
Par.
Interest. Outstanding.
100 text Q. -J.
1,800,000
1,200,000
Maturity.
See text
Deo. 1, 1902
lstmortgage
1,000 7 J.— D.
Coupons payable at Bank of New Amsterdam, New York City.
Road— Owns 59th St., East and West, with branch to South Ferry,
19 78 miles; operated under trackage rights, 5-90; total track operated,
25-68 miles. Weight of rail per yardfrom 47 to 98 lbs., standard gauge.
-
Number owned.
Equipped with
Equipment.
Motors and
cable.
Box cars
Open cars
Mail cars, combination
Express care, air
Freight cars
Other cars.
1011
... ..
511
245
624
125
26
2
fenders.
1,011
624
125
26
2
20
13
32
15
18
23
20
13
32
J, 853
812
1.853
(5)
100
8
Q. -J.
$650,006 See text
1st M. ext. in 1898
4
1,000
A. -O.
210.000 Oct. 1, 1918
The $180,000 lsts were extended 20 yrs. from Oct. 1, 1898, and in
addition $30,000 bonds were Issued at same time to take up the Real
Estate Mortgage of similar amount. V. 67, p. 370.
ROAD— Track owned is 4*76 miles. Including trackage rights from
Metropolitan, total track is 8 97 miles. -V. 67, p. 370.
Stock
OFFICERS— Pres ,H. H. Vreeland; Vice-Pres D. B. Hasbrouck; Sec,
,
E. Warren; Treas., H. S. Beattie; Auditor, D. C. Moorehead; Purch.
Agent, A. C. Tully, office, 621 Broadway, N. Y. Directors -P. A. B.
Wldener, W. L. Elkins, Thos. Dolan, Thos. F. Ryan, Herbert H. Vreeland, D. B. Hasbrouck, Chas- E. Warren, Henry A. Robinson and H. P.
•C.
CHRISTOPHER A TENTH STREETS RR.— A horse road.
ORGANIZATION— Chartered April 25, 1873. Leased to Central Cross
town May 1, 1890, at 8 per cent on stock and interest on bonds.
Par.
Interest.
Outstand'g. Maturity.
STOCK & BONDS
(6)
EIGHTH AVENUE RR— Underground trolley road.
Chartered Jan. 10, 1858. Road is leased to Metropolitan Street Ry. for 99 years from Jan. 1, 1896, at rental of $215,000
per
rovides for interest on the scrip, 15 per cent divi-
Organization
STREET RAILWAYS.
dends on Btock and $5,000 additional. V. 62, p. 40. Underground
electric traction system used between 158th and Battery Place.— V.
67, p. 178, 956.
&
STOCK
BONDS.— Par.
Interest.
Outsland'g
Maturity.
Quar.
See text.
100
$1,000,000
6F. <& A.
1,000,000
Feb., 1914
100
Scrip
Scrip is subject to call at par on any Interest day.
Road Total track owned and operated, 18-78 miles.
INDEX— V. 59, p. 780; V. 61, p. 364, 871, 925, 967; V. 62, p. 40.
Stock
—
FORT GEORGE & ELEVENTH AV. RR.—To be an underground
(7)
Organization— Incorporated
in Nov., 1898, in the interest of the
Met. St. Ry. to build a line from 130th St. and 11th Ave., along 11th
Ave. to 175th St., and another from 145th St. and 11th Ave. easterly
through 145th St. to the Harlem River. Stock authorized, $3,000,000. V. 67, p. 1109. Franchise granted December, 1889, for 15
years, with privilege of renewal for another 25 years; 4 p. c. of gross
receipts to be paid the first five years, 6 p. c. the second five years, 8
pet cent the third live years, and 10 per cent the remaining years of
operation. The road to become the property of the city at the termination of the franchise (whether original or renewed) upon payment
for the same in accordance with definitely-prescribed rules. The Kingsbridge franchise was granted the 3d Ave. RR upon the same terms. In
June, 1900, operations -were practically at a standstill pending the
absorption of the Third Ave. RR.
FORTY-SECOND
ST.
& GRAND
ST.
FERRY—A
horse railroad.
Organization— Chartered February 16, 1863. Leased to Metropolitan Street Railway Co. from May 13, 1893, for duration of charter and
renewals thereof at 18 per cent on stock, payable in lawful money.
Met. St. Ry. in Feb., 1900, owned $443,000 of the stock.
Outstanding.
Interest.
Maturity.
STOCK BONDS— Par.
Stock
100
18 Q.— F.
$748,000
See text.
1st M. extended.... 1,000
6 J. -J.
236,000
Jan. 1,1909
ROAD— Owns 8-03 miles; operated under trackage rights, 1-85 miles;
total track operated, 9-83 miles.
&
(9)
FULTON STREET RAILROAD— A horse road.
ORGANIZATION.— 8tock
STOCK
&
all
BONDS
owned by the Metropolitan
Date.
Interest.
St.
Outstanding.
Ry.
Maturity.
Stock, $500,000
lstM.,g., ($1,000), guar.
$500,000
<
1895
4g. M-N
500,000 Nov. 1,1995
p. and i. Met. St.Ry.c* I Trustee, Guaranty Trust Co. of New York.
Earnings— For year ending June 30, 1899, gross, $47,303; net.
$13,882; deficit below charges, $7,672.
ROAD— Track owned is I 05 miles. Including trackage rights from
Metropolitan, total track operated is 1-89 miles.— V. 62, p. 277.
-
(10)
NEW YORK & HARLEM
RR.- Underground
NINTH AVENUE RAILROAD— A horse
Organization— Chartered July
railroad.
The road is leased to the
99 years from April 20, 1892.
29, 1859.
Metropolitan Street Railway Co. for
Rental— For first 5 years $48,000, which
is equal to 6 per cent on
capital stock ($800,000), and thereafter $64,000—8 per cent on same.
Stock, $800,000; par $100; dividends, Q.— J. Road— Fulton Street to
126th Street, total track owned and operated, 15 77 miles.
-
(12) SECOND AVENUE RR.—Mostly underground eleotrio.
Organization.— Chartered Jan. 1, 1853. Leased for length of charter to the Metropolitan Street Ry. at 8 p. c. oa the stock for three years
from March 1, 1898, and 9 p. c. thereafter.— V. 66, p. 185. Changed
to underground electric system in April, 1898, as far as Stuyvesant
Square, cars running thence over 4th Avenue line to City Hall. By
agreement with Third Ave. Co. (Jan., 1900.) cars will run to the Post
Office building, at Ann St.. connecting there with the Broadway Line
for South Ferry.— V. 70, p. 125.
SECURITIES.—
Par.
Interest.
Outsland'g. Dividend, 4c.
?t°ck
100 8 Q.— M.
$1,862,000
See text.
1st mortgage
1,000 5 M. & N.
1,600,000 Nov., 1909
Debentures
1,000 5 J. & J.
Jan.,
1909
231.000
1st con. M..s., $7,000,000 ) 1,000 5 g. F. & A.
4,579,000 Feb.1,1948
1897,guar.,p.Ai.end.c* S Guaranty Trust Co., Trustee.
Of new 1st consol. 5s, $1,831,000 are reserved to retire securities of
earlier date, balance for improvements, equip., etc. V. 66, p. 900.
Road— Traok owned. 2589
miles; operated
under trackage
rights,
1*83 miles; total tiack operated, 30-72 miles.
INDEX— V. 65, p. 276; V. 66, p. 616. 900.
(13)
<fe
St^C K AND BONDS—
Date.
Stock
1st M. ($1,000), g'iar.
p. and 1. Met. St. Ry..
1896
SIXTH AVENUE RAILROAD-Underground
trolley.
to Metropolitan Street Ry. Co. Feb. 1, 1892,
for 800 years. Rental now $145,000 per annum. (V. 61, p. 925.)
Stock. $2,000,000; par, $100. Road, including Lenox Ave. branchtrack owned, 11-04; operated under trackage rights, 2-32 miles; total
track operated, 13 36 miles.
all
the
In Feb.. 1899. began operating underPlace. See V. 67, p. 178,736, 956.
way to Battery
(
Maturity.
$1,000,000
1,000.000
Apl. 1,1996.
Trustee, Central Trust Co., N. V.
5
A-O
1-63 miles; Including trackage rights from
Metropolitan, total track operated is 6-26 miles.— V. GO, p. 83; V. 62,
p. 549.
Earnings.— Gross, year ending June 30, 1899, $336,038; net, $147,861; surplus above charges, $92,966, which was paid over to Metropolitan Street Railway Co.
(15)
is
TWENTY-EIGHTH AND TWENTY-NiNTH STREETS CROSS
TOWN RAILROAD— Uses
air. motor
system.
Organization— The Metropolitan Traction purchased the property
In September, 1896, and owns all the stock. In Dec, 1893, the new
air compressor and power house were practically completed, and in
August, 1899, began using air-motor system exclusively.— V. 69, p. 283.
STOCK
&
BONDS—
Maturity.
Outstanding.
$1,500,000
1896 5g. A-0
1,500,000 Oct. 1, 1996
Trustee, Central Trust, New York.
Date.
Stock, $1,500,000 ($100)
1st M., $1,500.000($1,000)
gu.p&iend.,M.St. Ry.g.C
>
<>
Interest.
Road— Track owned is 6-03 miles; including trackage rights from
Metropolitan, total track operated is 7 07 miles.— V. 63, p. 602 ,661,839.
EARNINGS— For year ending June 30, 1899, gross, $135,900; net,
$63,869; deficit below charges, $18,417.
(16)
TWENTY-THIRD STREET RAILWAY— In June,
1900, the 23d
Street Crosstown, with branches to 34th Street Ferry, was being
operated entirely by underground trolley.— V. 68, p. 130, 928.
Organization— Chartered Jan. 29, 1872. Leased to the Metropolitan
Street Railway Co. for the unexpired term of the charter and for any
extensions of the same. Rental is 18 per cent per annum on stock.
Stock
&
BONDS.—
Par.
100
000
Outstand'g.
Interest.
Maturity.
See text.
$600,000
lf t V
50,000 eXt 1
"J
Jan. 1, 1909.
6
250,000
J
i n l'893
\
5
150,000
Jan., 1906
Debentures' ""..." "...1,000
J.-J.
ROAD— Including 14th St., Bleecker St. and Canal St. branches, track
owned 3 75 miles; operated under trackage rights, 1282 miles; total
track operated, 16-57 miles. Weight of rails from 47 to 110 lbs.,
standard guage.
Stock
'
'
'
18
Q.-F.
-
THIRD AVENUE RAILROAD-Undeground
trolley.
Organization.— Chartered Oct. 8, 1853. A cable road from Dec. 5»
1893, but in 1899 changed to undergiound trolley— the 125th Street
line Sept. 29, 1899, the Third Avenue line above 65th Street Oct. 22,
1899, and the Third Avenue line below 65th Street on Nov. 19,
1899. In Jan., 1900, the electric line between 125th and 162d streets
was completed. In Nov., 1895', purchased control of the 42d Street
Manhattanville
&
St.
Nicholas Ave.
line.
See V. 61, p. 872, 926.
Con-
Dry Dock E.B. &B. was obtained Aug. 23, 1897. (V. 65. p. 194).
In January, 1898, amajority of the stock of Union Ry., N. Y., was purohased.— V. 66, p. 135. In Sept., 1898, Union Ry. purchased Yonkera
RR. V. 67, p. 635. In April, 1899, the Tarrytown White Plains A
Mamaroneck Ry. was acquired.—V. 68, p. 674.
A traffic agreement, which went into effect April 29, 1899, has been
entered into between the Manhattan Elevated and the Third Avenue
Railroad system [comprising the Third Avenue RR., the Dry Dock
East Broadway & Battery, the 42d St., Manhattanville & St. Nicholas
Avenue RR. and the Union Railway lines], providing for an extensive
scheme of transfers at cross-town junctions, and also at the terminal
points of the two systems. The transfers are granted for an additional
fare of 3 cents, making the cost of the entire journey 8 cents. For the
latter sum a passenger can thus ride from the City Hall and South
Ferry to Yonkers, New Rochelle and Mt. Vernon.— V. 68, p. 672, 872.
Owing to failure of negotiations for a new loan to take care of a
large floating debt which had accumulated and to provide means for
pieesing needs, the Third Avenue Railroad was on Feb. 28, 1900,
placed in the hands of Hugh J. Grant as receiver. On March 19, 1900,
itwas announced that the Metropolitan Street Railway had purchased
control of the road in the open market and would provide for the re.
habilitation of the company. Arrangements were at once concluded
through a syndicate, represented by Kuhn, Loeb & Co., for the sale of
$35,000,000 of the $50,000,000 new mortgage described below, and on
May 24 the property was restored to the company, passing into the
trol of
possession of the Metropolitan Street Railway Company as owners.
Lease.— In April, 1900, the Metropolitan Street Railwav Company
took a lease of the property for 999 years. For the first four years
Third Avenue stock will receive only the net income above expenses
and fixed charges; the next two years 5 per cent is to be paid on the
stock; the succeeding four years 6 percent; thereafter 7 per cent.
&
STOCK
BONDS. Par. Date. Interest. Outstanding. Last dir. ,4c.
Stook.$40, 000,000.
$16,000,000 Nov., 1899. li 4
100
F.
1st mortage, gold .1,000
5,000.000 Julv 1,1937
5 g. J. <fcJ.
New mort. gold)
1900 4 c. J. .& J. 35,000.000 Jan. 1. 2000
0* ($1,000) $50,- Interest at Morton Trust Co New York. Trustee.
000,000
)Guar., principal and interest, by Met. St. Ry.
Q—
[-
Organization— Leased
ground trolley
J
Interest. Outstanding.
electric railroad
Organization— Chartered April 23, 1831. Owns also a steam road
leased to New York Central, its securities, which cover the electrio
roads as well as the steam line, being described under the title New
York & Harlem among steam railroads in the Investors' Supplement.
In July, 1899, the Metropolitan Street Railway Co. bought from the
New York & Harlem the car-stable properties at Thirty-second Street
and Fourth Avenue and at 86th St. and Madison Ave for $1,350,000.
—V. 69, p. 180, 542, 591.
The electric (formerly horse) lines (I960 miles of track) were leased
to the Metropolitan Street Ry. for 999 years from July 1, 1896, for a
rental of $350,000 per annum the first live years and $400,000 per
annum thereafter.— V. 62, p. 1088. Line operated electrically from
March, 1898, from City Hall to 135th Street. In Jan., 1900, arrangements made with the Third Ave. RR. Co. for ranning cars to Ann St.
-V. 70, p. 125.
OFFICERS— President, William K. Vanderbilt.—V. 62, p. 1088; V. 69,
p. 180, 542, f91, 645.
(11)
(14) THIRTY-FOURTH STREET CROSSTOWN RY.— A horse road.
The air motor system to be used.— V. 68, p. 130.
Organization—Chartered March 18, 1896, being a consolidation of
the Thirty-Fourth Street RR. Co. and the Thirty-fourth Street Ferry
Eleventh Avenue RR. Co. The stock of the Thirty-fourth Street
Crosstown Ry. Co. is all owned by the Metropolitan Traction Co.
ROAD—Track owned
trolley road.
(8)
61
,
Bonds— Of the new mortgage for $50,000,000, the $35,000,000 now
outstanding were issued to liquidate floating indebtedness of all the
various oompanies and to provide for current needs. Of the remaining $15,000,000, $1,557,000 will be available for future extensions
and improvements; the other $13,443,000 is reserved to take up the
following prior liens, which the company has bound itself to pay off
"
at or before maturity without ext
STREET RAILWAYS.
62
Xame
of company
and
Third Ave. 'KR. Co. 1st
$5,000,000
2,000,000
1,200.000
•1.14 3,000
950,00
1. 100.000
$5,000,000
Union Rv.,lst M
2,000,000
42d St. Manhatt. & St. Nleh. Ave. Ry. 1st M.
1,200,000
1,600,000
2d mortgage in comes.
Drv Dock East B'wav A- Battel? RR. 1st M. 1.000,0(0
Certiflcatea of indebtedness
1,200,000
Yonkers RR. Co. 1st
M
M
Southern Boulevard RR. 1st
I
1,000/00
1,000.0(H1
500,000
300,000
250,000
500,000
300,000
250.0U0
Westchester Electric RR. 1st
Tarrvt'n White Plains A Man 'reck Rv.lst M.
M
to March 31.
Oth. Inc.
Xet.
EARNINGS.—Nine months
Authorised. Outstanding
loan.
M
Charges
$127,043
$1,370
$99,275
118.725
1,290
97,732
Annual Report—Fiscal year ends June 30.
Yr.end.Tne30. 1899.
1898.
1899.
Gross earns... $630,599 $669,713 Taxes, etc.. ) 41 ,a a —j
' 3
130,8
Net
166,392 201,633 Interest.... s*
Other income..
1,723
5.754 Dividends.. (4L2 )54.000
Gross.
1900
1699
0ll rpl u s
$474,584
468,511
$29,143
•22,383
1899.
$131,798
(6)72,000
Net income. .$168,115 $207,392 Balance.. ..def.$16,75S sur.$3,594
INDEX-V. 64, p. 843, 1041: V. 65, p. 194. 568; Y. 67. p. 952.
|
$14,050,<"00 $13,443,000
* $357,000 already pledged as part security for the Third Ave. RR.
4s are here deducted.
The bonds are guaranteed by the Metropolitan Street Railway and
are secured by the pledge of the following stocks and bonds:
Issued.
Pledged.
Xante of company.
Union Rail'wav Co. of New York Citv stock. ..$2,0< 0.( 00 $2,000,000
1,671,100
42dSt. Manhan'ville & m. Nion. A\ e. By. stock. 2,500,000
357,000
Do
1,500,000
2d mortsatre incomes
Dry Dock East BroadwavA: Battel v RR. stock. 1,200,000
1,128,700
8,600
8,600
Kingsniridtre Rv. Co. stock
991,400
Subscription for balance of $1,000,000 stock
] ,000.000
Yonkers RK. Co. stock
992,500
500,000
Westchester Electric RR. Co. stock
500.000
250,000
248.300
Southern Boulevard RR. Co. stock
300,000
300,000
Tarryfn White Plains &ManiaroueckRy. stock
The Metropolitan Company is to be entitled to vote on the foregoing and to receive the Income from the same so long as the new bonds
are not in default. See particulars in V. 70, p. 1050.
There are other mortgages outstanding for $91,000.
Stock— In October, 1898, $2,000,000 new stock was issued, making
Total
.
outstanding $12,000,000.
The proceeds "were to be
used for the purpose of providing funds to change the cable system to
the underground electrical system upon the Third Avenue, 125th
Street and Tenth Avenue lines." This new stock was offered to stock
holders at par. In July, 1899, stockholders voted to increase stock from
$12,000,000 to $40,000,000. The stock was to be issued as required to
pay for improvements and to extinguish the floating debt, which on
Sept. 30, 1899, was reported 16% million dollars.— Y. 69, p. 29, 182
Five millions was to be used in taking up the $5,000,000 of new stock
to be issued by the 42d Street Co. as below. In Sept., 1899, $4,000,
000 of the new stock was sold to the shareholders at par, raising the
outstanding amount of stock to $16,000,000.
Miles.
Controlled but oper sepaROAD Owned.
CityHallvia3dav.tol30thst. 8*4
rately— track miles.
Mites.
North River to 125th St.. E.R. 2*e Dry Dock E. E. <fc Bat. Ry.. 20-4 i»
10th Av., 125th to 186th st.. 3 >* 42d St Man «fc St. Nich. Ave. 28-49
186th st. 10 191st 6t. and
Union Ry
54-24
10th ave
^ Yonkers RR
I8"f»7
S*coid track
14 1a Southern Boulevard
7-00
Sidings
3a Tarrytown White Plains &
FORTY-SECOND
(2)
ST.
MANHATTANYILLE &
NICHOLAS
ST.
AYE. RY.— A horse road.
Organization— Chartered Aug. 29, 1378, In November,
was purchased by the Third Avenue RR. see V. 61, p.
1S95, control
926.
In Dec, 1899, began to use underground electric system from Fort
Lee Ferry to the Boulevard, thence to Fifty-ninth Street.
Of the stock, $1,671,100 is pledged as security for the 50-million
Third Ave. mtg also ?357,000 of the 2d mtg. incomes.
;
&
STOCK
BONDS.—
Par.
1st mortgage,
morteaee gold..
cold
>
^
Outstand'g
$2,500,000
1,200,000
Interest.
100
St'ktaut'd $7,500,000)
6M-S
1.000
Maturity.
Mch.
1.
1910
interest at Union Trust. N. Y. Citv. Trustee.
1,500.000 Jan. 1,1915
1,000 6% as earned.
mort
mort. ineoniAfis
income 6s.. <
UnJon Trust Co ^ N y Trustee.
^
Real estate mortgage
100,000
5%
In July, 1899, voted to increase stock from $2,500,000 to $7,500,000.
Road — Road operated is as follows:
2d
10.
Road,
Frum.
Track Track'e
owned. riahU.
To
total then
I
'
Mamaroneck
1450
29%
Total track
Total controlled track.. 143-28
Grand
172 65
total track
c; in 1893, 4 p. c; in 1894, 8 p. o.; in 1895,
9 p. c; in 1896, 9% p. c; in 1897, SH p. c; in 1898, 7% p. e.; in 1899,
Feb., 1% p.o.; May, l%p. c; Aug.. 1% p. c; Nov., 1% p. o.j in 1900,
Feb., 1 p. c; owing to receivership, this last dividend, after having
been declared, was not paid.
Annual Report.— Annual report in V. 69, p. 1059, showed
Tears ending Oct. 31—
1899.
1898.
1897.
DIVIDENDS— In 1892, 7
p.
Gross earnings
$2,098,871
706,472
680,932
$2,359,799
1,079,334
42,316
$2,570,842
1,126,194
47,368
$1,387,404
366,020
(7°b) 8 10,000
$1,121,650
369,578
(8?'o) 800,000
$1,173,562
372,286
850,000
sur.$181,384
def.$47,928
def.$48,724
Net earnings
Other income
Total income
Taxes and interest
Dividends
Balance
Latest Earnings.—
6 months
to
Dec. 31.
Gross
earnings.
Net
Other
earnings.
$40-, 715
income
$108,849
56,207
Balance,
Interest,
taxes, etc.
surplus.
1899
$1,036,079
$183,022 $334,542
1898
1,112,376
411,409
183,463
284,153
Officers.— President, H. H. Vreeland.
INDEX—V. 67, p. 899, 1053, 1110, 1209,1264,1309, 1358; V, 68, p.
430, 525, 672, 674, 772, 872, 926, 1026; V. 69, p. 29, 133, 182, 334,
383, 386, 441, 696, 744, 795, ;907, S 059, H063, 1148, 1248, 1302; V.
70, p. 77, 126, 174, 177, 231, 281, 329, 382, 431, 481, 529, 533, 584,
634, 688, 740, 793, 596,997, 1050. 1250.
(1)
DRY DOCK EAST BROADWAY & BATTERY— Horse road.
Organization—Control obtained by Third Ave. RR. Aug.
— V. 65, p. 194.
23, 1897.
$1,128,000 of the stock is pledged for the 50 million
Third Avenue mortgage.
&
STOCK
BONDS—
Par.
Interest.
Outstand'g.
Maturity.
Stock
100 6
Q.— F. $1,200,000
See text.
1 ' 000
*Deo. 1,1932
950,090
5 p. J. - D.
JMew mort., goia.isyj
cold 1892 i
^ Farmer8 Loa n &l Trust Co.. Trustee.
Certofdebt not sub.too. 100 5
F. - A. 1,100,000
Feb.
1914
Newmort
.
Road— Road operated
is
as follows:
From
Road.
Trac
To
owned
Div. 34th St., E.R
42dSt,.N. R
Boule'd Div. 7th Ave. <&42d St....
10th ave. Div 42dSt
HOthStDiv 130th St., N. R
110th St., E.
86th St. Div. Amsterdam Ave
12thave.Div 34th St
35th St...
42d
B... 34th
D...
23d
R
8t. Ferry. E.
St. Ferrv. E. R...
15-85
24-900
DIVIDENDS— Since 1891,
for fiscal year ending
.
June 30
1891-92,
5 per cent; 1892-93, 6 per cent; 1893-94, 2^ per cent; 1894-95, 4*s
percent; 1895, August, 1^ p. c.
Nov., 1*2 p. c; in 1896, 6 p. o.
in
1897, Feb., 1^ p. c; in 1893, Feb., 1*2 p. c; May, 1^ p. c; Aug., 1^
p.o.; Nov., lis p. c; in 1899, May, (Feb. div. was passed), 1\ p. 0.;
Aug., l^ p. c; November dividend was passed.
;
3-586
24-486
Total track operated
Annual Report—
Tr.end. June 30.
1898.
1899.
1899.
Gross earnings. $571,046 $703,975
Net
def.9,184
77,814
Other income...
1.167
833
Gross income.. def. 8, 017
78,647
INDEX— V.
(3)
Int., rentals
1898.
and
$118,045 $115,456
taxes
Balance
for
def.126.062df.36.S09
year
63, p. 338; V. 64, p. 330; V. 69, p. 441; V. 70, p. 481, 634.
UNION RAILWAY OF NEW YORK—A
trolley road.
Organization— Organized under Chapter 340 of the Laws of 1892,
giving authority to consolidate the Harlem Bridge Morrisania &
Fordham Ry., the Melrose & West Morrisania RR. and the North Third
Ave. & Fleetwood Park RR. Validity of consolidation affirmed by
Court of Appeals Jan. 9, 1S00.— Y. 70, p. 77. Operates from 129th
St. and 3d Ave. through the Borough of the Bronx, and with subsidiary
lines, continuing thence to and through Mt. Yernon. Extensions projected from New Rochelle, through Larchmont, Mamaroneck, Harrison, Rye and Portchester to the Connecticut line.
Controlled by Third Ave. R.R., which in Jan., 1898, purchased a majority of the stock.—V. 66, p. 135.
In Sept., 1898, the Union Ry. purchased Yonkers RR and agreed to guarantee its $1,000,000 bonds,
this guaranty being accepted by the Third Ave. V. 67, p. 635.
Di Dec, 1899, accepted the terms proposed by Board of Estimate
for the Kingsbridge RR. franchise, which are 4 per cent of gross
,
receipts for the first 5 years, 6 per cent for the second, 3 per cent
for the third and 10 per cent thereafter. The franchise is for 25
years, with privilege of renewal under certain conditions for another 25 years. At the end of the term (original or projected) the
city acquires the property, paying for it in accordance with definitelyprescribed rules for fixing its value.— V. 69, p. 1248.
The whole of the stock is pledged as security for the Third Avenue
50-million mortgage.
&
STOCK
Par.
BONDS.—
Outstand'g.
Interest.
Last
div., <£c.
100
$2,000,000
2,000,000 Aug. 1, 1942
i»t™
n * 10Q9
<™m 51.000 5g. F.-A.
lsyz, gom.
1st mort
paTable
Trust Co., N. Y. City.
Int
is
at
Central
^
Guaranteed Loans —
500,000 July 1, 1943
Westch. 1st M.,gu.,p.<fci 1 1,000 5 g. J. - J.
Stock
,
eold
Mercantile Tr. Co., N. Y., Trustee.
250.000 July 1,1945
5g. J.-J.
Central Trust Oo , N. Y., Trtis ee.
5 A. - O.
1,000,000
Apr. 1, 1946
S
RR. lst.gold
I
Yonkers RR. 1st M.,)
So. Boule.
.
$1,000,000, '96, gu.. J
Road— Operates the following roads
Miles
Miles. Operated separately.
28-19 Westchester Electric, track.. 27-84
Main line and branches
26-05 Southern Boulevard, track. . 7-00
Second track
18-57
Yonkers RR.. track
54-24
Total track
Total separately operated- 53 41
.
Grand
:
;
to
total all.
.10, -65
March 31
UNION RAILWAY.
Xet.
Gross.
1900
1899
463
20-48
-
1-793
12-450
12450 1-793
ights.
Miles Miles.
2-33
4-93
3-95
-Rfl
St. Fy., E. R...
306 1-29
•32
3-91
St. Fy., E. R...
Total track operated
•322
•057
Trnck'e
i
Post Office
Post Office
CortlandtSt. Cortlandt 8t.Fv.,N.R. Grand
Grand St
Desbroeses St-Fy.N.R Grand
R
Double track
Earnings.—Nine months
Avenue
Avenue
MUes. Miles.
1-977
•540
•503
4 055
800
3-385
2-654
St.
$561,364
483,177
Other income. Charges.
$132,923
$195,232
112,927
153,880
$567
"WESTCHESTER ELECTRIC.
Surplus.
$62,309
41,5^0
Balance.
Xet.
Charges.
$21,100 def. $25,489
$4,389
22,463 def. 11,058
11,405
Report— Results for year ending June 30, 1899, were:
Gross.
1900
1899
Annual
$120,185
93,628
def.
Total
Int., rentals
and taxes.
Net,
income.
Union Railway.... $668, 747
$221,110
Westchester Elect. 133,254
South. Boulevard..
44,836
14,341
13,637
$225,176
14,341
13,b37
$124,214 $90,9b2
28,674 df. 14 ,333
16,010 def.2,373
$846,837
$249,088
$253,154
$178,898
Gross.
Total
Surplus.
$74,256
STREET RAILWAYS.
66. p. 135, 343, 1142;
69, p. 441; V. 70, p. 77, 481.
V. 67, p. 635, 905,
INDEX—V-
951 1209
,
TARRYTOWN WHITE PLAINS & MAMARONECK
(3)
TRIC) RY.— A trolley road.
Organization— Successor in 1898
;
63
NEWBURG,
V-
(ELEC-
RY. CO.-A
NEWBURG ELECTRIC
February,
Newburg
trolley road.
to theNew
York Elmsford& White
1899, Third Avenue RR. purchased all the
Organization—Successor
1894, to the
in
&
April 18,
stock, and it is pledged as security for the new 50-inlllion Third Ave.
mortgage.— V. 68, p. 674.
H. R. RR., to
Road extends from Tarry town station on the N. Y. C.
Mamaroneck, on the Sound, and from White Plains Station on the Harlem Road to Silver Lake Park, a total of 14 50 miles. The company
carries freight as well as passengers.
Interest. Outstanding. Maturity.
Date.
BONDS STOCK
$300,000
Stock ($300,000), par $25
Ry., and on July 2, 1897, absorbed Newburg
den & Orange Lake railroads.
Date. Interest.
BOND'
STOCK
1st
2d mort. bonds
Debenture bonds
On
Plains Ry.
&
&
300,000 Mar.1,1928
5g M&8
mortgage $100,000,) 1988
Knickerbocker Trust Co., N. Y., trustee.
5
gold ($1,000 each)
Latest Earnings—Three months to Maroh 31
Net.
Oross.
3 mos.
$7,084
6,100
1900
1899
def.
del.
$1,432
2,155
Surplus.
def. $5,571
def. 3,874
Charges.
Oth. inc.
$9
$4,148
1,719
....
Annual Report— For fiscal year ending June 30, 1899, gross.
$39,172; net,'$4,751; interest, $5,847; taxes, $1,048; balance, deficit
$2,144.— V. 67, p. 75, 435; V. 68, p. 674.
(4)
YONKERS RAILROAD.—A trolley road.
Organization— In
Y.
N.
Population 1890 was 23,263; in 1880 was 18,049;
and in 1870 was 17,014.
Sept., 1898, sold to the
Union Ry., which guar-
antees $1,000,000 bonds, principal and interest, this guaranty being
accepted by the Third Ave RR. See New York.—V. 67, p. 635.
Of the stock, $992,500 is pledged forjthe new;50 million mortgage of
the Third Ave. RR.
Dale.
Interest.
Outstand'g. Maturity.
BONDS—
Stock
Stock, $1,000,000 ($100i
$1,000,000
....
5 A-O
1,000.000 Apr. 1,1946
1st mtge.gold, $1,000,000, ) 1896
Manh attan Trust Co N. Y., Trustee.
guaranteed
)
Road— Owns 16-07 miles of track. Operates under trackage rights
2 50 miles; total track operated, 18 57 miles.
&
guar. p.
^M^e
M.,
g.,
-'
f
-
1
6
J
8
int.
>
..
o
6 ^ J "J
at Knick-
75,000 July 1, 1944
Tr Co Trustee, N. Y.City.
(
j
\
int." at
Hamilton Trust, B'klyuVTrustee'.
10,000
40,000
Certs, of indebtedness
16 21
-
miles
Lake 5-29 miles and Newburg
Walden & Orange
track (including
O. L. 5*40 miles).
of
&
Latest Earnings— 11 mos., \ 1900
Gross, $83,626; net, $37,673
1899
Gross, 77,969; net, 34.993
Yearly Earnings—For the years ending June 30:
July
1 to
May
31.
\
Gross.
Net.
Oth. Inc.
Int., tax,
$632
$36,«74
$86,334
34,041
622
83,255
18967
83,173
33,468
497
President, A. J. Pouch, Newburg, N. Y.
-V. 66, p. 1090 V. 67, p. 1056.
1893-9
1897-8
die.
Bal.,sur.
$896
$36,610
36,599
32,718
def.1,936
1,248
;
NEWBURYPORT, MASS.
Population in 1895 was 14,552; in 1890 was 13,947;
IN 1880 WAS 13,538; AND IN 1870 was 12,595.
,
-
&i
Road— Owns
Maturity.
$150,000
250,000
1894
^oT
onl v^
$500, inf only
Int
dr. ...................
Oufst'd'nf/.
1894 6g. M-N
May 1, 1944
(Int. at Knick. Tr. Co.,Tru-teft, N. Y. City.
100,000 Junel.1945
g. < 1895 6g. J-D
t June, 189 -i, interest not paid when due.
Not subject to call
Walden & O. L. 1st Mort.
&
.
-
Stock $150,000, pa,r $100
1st M. ($250,000) g.,($500)
Street
Orange Lake and Wal-
CITIZENS'
ELECTRIC STREET RY.-A
trolley
road.
Net.
Surplus.
$20
$15,036
def. $8,-34
$6,282
125
1,101
14,053
def. 12.&27
Annual Report— Fiscal year ends June 30.
Tr. end. June 30. 1899.
1898.
1899.
1898.
Gross earns... $153,560 $115,851 Interest
$50,598 $31,405
Net
43,846
37,268 Taxes
6,621
4,581
Other income... 1,085
417 Balance
df.12,288
sr.1,699
Organization.— Incorporated in April, 1899, as successor to the
Newburyport & Amesbury RR. purchased at foreclosure on March
Capital stock, authorized and paid in,
28, 1899, for $190,000.
$190,000. Loans and notes payable Oct. 1, 1899, $102,040.
Road— Owns 18"25 miles of track, operating 27 motor and 11 trail
cars, with 40, 60 and 90-lb. T and girder rail, in Newburyport, Amesbury, Merrimac and Newbury.
Earnings— For nscal year ending Sept. 30, 1899, gross, $28,109;
—V.
net, $15,421; interest, taxw», etc., $2,643; balance, surplus, *12,778.
Latest Earnings.—Three months
3 mos.
Gross.
1900
1899
to March 31
Oth. inc. Oharqes.
$34,330
27,594
I
|
I
|
62, p. 462, 644; V. 63, p.
558; V.
PEOPLE'S TRACTION"
m
515; V. 67, p. 635.
CO.— To be a trolley road.
65. p.
February, 1898, of the People's
Organization—A consolidation
Traction and N. Y. Westchester & Connecticut Traction. About 68
miles of road are projected.
Under its franchise the old People's
Company connects with Manhattan Island by proposed bridges over
the Harlem. It parallels the Harlem between 134th and 172d streets,
and its lines touch the Bronx River at Lafayette Avenue, West Farms
Road and Bronx Park. The Westchester & Connecticut has a route
from Lafayette Avenue through Bartow to the city line, and from
Bronx Park along the Boston Road to the same boundary.
In July, 1898, purchased the North Mount Vernon Ry., built in 1896,
extending over Chester Hill from North Third Avenue, \H miles,
and has converted it into a trolley road. In April, 1899, the Mount
Vernon Board of Aldermen granted a fifty-year franchise.
STOCK—The combined stock of the old companies was $2,100,000.
OFFICERS— President, W. A. Boland; Vice-President, Silas B.
Dutcher Secretary and Treasurer, Frederiok C. Cocheu. Among the
new directors are P. H. Flyun, W. A. Boland, John McCarthy, Silas B.
Dutcher, F. C. Cocheu, Joseph White and M. J. Kennedy.— V. 63, p. 969
:
V. 70, p. 231.
WALL
Successor
&
CORTLANDT
to the Fulton
Wall
ST.
&
FERRIES RY-
Cortlandt Street Ferries RR. sold
under foreclosure on Aug. 25, 1898. V. 67, p. 428, 488. Projected
from Fulton and from Wall St ferries, East River, to Cortlandt and
to Liberty St. ferries, North River, 2-7 miles. Stock, $1,000,000;
par, $100
all issued.
Bonds, $1,000,000, have been authorized and
Issued. Directors; F. D. Moffat, E. F. Moffat, Charles Buse, K. S.
HogK, E. L. Conant, H. W. Thayer, H. W. Bean, M. E. Gill and J. P.
Sheffield.— V. 65. p. 1173; V. 67, p. 428. 488.
.
;
NEWARK, N. J.— (See Jersey City, N. J.)
Population 1890 was 181,830; in 1880 was 136,508
and in 1870 was 105,059.
OFFICERS— President, W. M. Butler, Boston; Treasurer, G. A. Butman, 8 Congress St., Boston: 8upt., C. C. Benson, Newburyport Office,
33 Market Square, Newburyport.— V. 67, p. 690; V. 68, p. 619, 672.
NEWPORT NEWS,
Population 1P90 was
NEWPORT NEWS AND OLD POINT RAIL-
WAY & ELECTRICIn 1898 purchased
the Newport News Hampton
Point Railway and acquired the Chesapeake Light & Power Co.
at Hampton, Va. Also has ice plant. Extensive improvements are
projected. Population served estimated in 1899 at 40,0.00.
The newly- formed Citizens' Railway Light & Power Co. is controlled.
Date. Interest. Outstanding.
Maturity.
BONDS
STOCK
Stock, com., $1,000,000, )
*, nr n nnn
$1,000,000
par $10o!....
.J
00
4
Pr
5
««M>00 Jan.,1900,2^%
.t'c u i'ptr $l°0 :. S
Nov. 1, 1938
5 g M-N
900,000
1st M., $900,000, gold, I 1898
5 Int. at Alex. Brown & Sons, Baltimore, Md.
($1,000 eachic*...
The Maryland Trust Co., Baltimore, is trustee of the mortgage.
Bonds are subject to call at 110 on any interest day on 60 days notice.
Earnings— The combined earnings of the constituent companies
have been as follows Six months ending Oct. 31, 1898, gross, $112,153; expenses, $59,489; net income, $52,654. Year ending April 30,
1898, gross, $170,899; net income, $87,389. In 1896-97, gross, $152,959; net income, $62,1 36. Average net income for 2^ years, $80,872.
Road— Owns and operates 22^ miles of trolley road, having con.
structed 5 miles of add tional track in 1899, the greater part being
laid with 92-pound girder rail. A new power plant of 2,000 h. p.
capacity for supplying light and power and furnishing current for the
railway is now under construction. It also contains a large ice plant.
OFFICERS— President, W. J. Payne, Richmond, Va.; Vice Pres., L. P.
Stearnes, Newport News: Sec'y, D. C. Zollikoffer, Richmond, Va.;
Treas., H. L. Schmelz, Hampton, Va.— V. 67, p. 902, 1055; V. 70. p. 946.
Orqanization—
& Old
—
&
.
%
:
CITIZENS' RY.
LIGHT & POWER CO-
OrQANIZATION— Incorporated on May
NEWARK,
Population. 1890
and
was
was
was
9,600;
6,698.
NEWARK InCONSOLIDATED ELEC RYOrganization— August,
Equitable Trust
Chicago
1899, the
Co. of
purchased the property at receiver's sale, and is now operating it for
the bondholders with B. G. Dawes as agent. In June, 1900, the pres.
ent owners were negotiating for the sale of the property, which if
consummated will lead to a consolidation with another interurban
line
now
Stock
building.
&
BONDS—
Miles.
Date.
1,
1900, with $200,000 capital
stock, as a consolidation of the Peninsular Ry. Co.. the Peninsular
OHIO.
14,270; in 1880
in 1870
VA.
4,490.
Interest. Outstand'g. Maturity.
Stock, $100,000, par $50
$73,000
N. & Granv. Elec. St. 1st J
1892
120,000 Mav, 1912
M. $120,000, g., $1,000 I Equitable Trust Co., Trustee, Chicago.
do 2d M. $30,000, $5,000 .... 1892
6 A-O
1898
30,000
Road— Operates lS^ miles of track, conuecting the city of Newark
with Granville. EARNINGS— For year ending April 7, 1898, gross, $26,210; net, def., $1,123; no interest paid.— V. 64, p. 755; V. 68, p. 1226;
V. 69, p. 492.
6gM-N
'
Electric Light tV- Power Co. t and the Chesapeake <fc Hampton Roads
Railway Co. The capital stock can be increased to not exceeding
$500,000. The Newport News & Old Point Vy. & Electric Co. controls
the Citizens' Company and will guarantee all bonds.
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
Stock, #20<>.OiiO
$200,000
(t)
1st mort., $800.000
Officers— Pres dent W. A. Post; Sec. and Treas., E. Burnette.
&
NEWTON, MASS.
Population
IN 1880
was 27.590; in 1890 was 24,379;
16,995; and is 1870 was 18,826.
in 1895
was
AVENUE
COMMONWEALTH
March
Commenced
ST-
RY-
operations
28, 1896. Mortgage,
$75,000 of 5 p. o. gold $500 c* bonds, dated Feb. 1, 1896, due Feb.
1, 1916; interest F. & A., at office of trustee, International Trust Co..
Boston.
In Nov., 1898, the Massachusetts RR. Commissioners authorized increase of stook from $175,000 to $258,000 to fund floating
Organization—
STREET RAILWAYS.
64
debt incurred for construction and improvements.
In Aug. oompany
received permission to increase amount to $292,000, $30,000 to be
used for extension and $2,000 for equipment. Loans and notes payable Oct. 1. 1899, $27,5( 0.
DIVIDENDS— Dividendof 2 per cent was paid on June 30 and one of
3 per cent on Sept. 30,1899.
ROAD— Feb. 1, 1900, main line, 7-62 miles second track, 5-6 miles;
total, 13-22 miles; 70-lb. T and 9">-lb. girder rails. Operating 80
motor and 40 truck cars.
Earnings— For year ending Sept. 30.
Tear. Gross.
Balance.
Int. and taxes.
Dividends.
Net
1899. .$72,666
$22,510
$8,254
(5%) $12,900 sur.$l,356
1898.. 73,630
None.
clef.
1,120
5,415
6,535
OFFICERS—President, Adams D. Claflin; Treasurer, Leonard D. AM.
Office, Newtonville, Mass.
;
NEWTON STREET RAILWAY-A tn
Chartered
Organization—
STOCK & BONDS—
in 1887.
Date.
1898.
Interest. Outstand'g.
& Lewiston when sold at foreclosure was sold subject ,to the $1,000,000 mortgage of the latter.
Capital stock, $1,000,000. First mortgage (Niagara Falls & Lewiston) $1,000,000 of 5 per cent gold bonds c* ($1,000 each), dated
1895, due June 1, 1925, J&D, to Knickerbocker Trust Co., N. Y., as
June 30, 1898, $35,000; loans, $1,085,092. Pres.,
Francis V.Greene; Vice-President, Herbert P. Bissell; Treas., Bert.
L. Jones; Secretary, Herbert H. Hewett.— V. 68, p. 332, 1077, 1133.
trustee; outstanding
—^^-
NORFOLK, VA.
Population 1890 was 34,871; in 1880 was 21,966;
AND in 1870 WAS 19,229.
NORFOLK & ATLANTIC TERMINAL CO-
Maturity.
1899.
I
and Dufferin's Island.
STOCK and Bonds— The Niagara Falls
lie/ road.
Stock ($315,000, par $100)
$210,000
See text.
Q-J
lstM.fCur., not subj. to call
135,000 July, 1912
1892 5 J-J
Interest payable at American Loan & Trust Co., trustee, Boston.
Dividends in 1892-93 aggregated $11,002 (8 per cent); in 1893-94,
$12,690; in 1895, 8 p. c; in 1896, 8 p. c; in 1897, 8 p. c; in 1898, 8 p. c;
in 1899, 8 p. c; in 1900, Jan., 2 p. c; April. 2 p. c.
Road— Owns from Newton to Waltham, Watertown, etc., 13-30 miles;
track (measured as single); sidings, etc., 0-57; trackage, 2-49; total,
16-36 miles.
Annual REPORT— For years ending Sept. 30 earnings have been
1S99.
Elevator Co., all of which were owned by the former Niagara Falls &
Lewiston. An agreement has been made with the Niagara Fall3 Park
& River Ry. Co. allowing cars of the Gorge Road to run over that
company's lines across the arch and Suspension Bridges to Tabor Rock
1898.
Gross earnings... $105,617 $95,821 Balance f or divs.. $16,804 $17,093
Net
32,963 31,431 Dividends paid. .. 16,800 16,800
Int., taxes, etc...
16,159 14,338 Tot. sur. Sept. 30. 21,157 21.154
OFFICERS—President and General Manager, Winthrop Coffin, 60 State
St., Boston; Vice-President, E. Stearns; Secretary, Geo. W. Morse, 28
8tate St., Boston; Treasurer, Charles W. Smith, 53 Tremont St., Boston;
Superintendent, F. G. L. Henderson.
I
To be an
electric road.
This enterprise is backed by Alexander Brown & Sous of Baltimore.
The double-track electric line running from Sewell's Point, on Hampton
Roads, across Tanners Creek, and thence southerly to the Monticello
Hotel in the city of Norfolk, etc., 7*2 miles is now completed and will
be in operation by August 1, 1900. A hotel at Sewell's Point is also
to be erected
The $500,000 bonds are outstanding as collateral for
a loan.
NEWTON & BOSTON STREET RAILWAYOutstanding.
Maturity
STOCK
&
BONDS—
Date.
Interest.
8tock,$250.000,pr.$100
1st M. for $250,000. ...
1892
J
See text
$200,000
5 J-J
125,000
July 1, 1912
Not subject to call. \ Int. pay'le at Am. L. & T. Co., trustee. Boston.
Real estate mortgage
20,000
Loans and notes payable Oct. 1, 1899
78,000
Dividends—In Jan., 1898, paid l 1* p. c; in Apr., l^ p. c; inJuly.m
c; in Oct., 1*4 p. o. in 1899, Jan., 1*4 p. c; in Apr., 114 p. 0. July
1899, October, 1899, and Jan., 1900, dividends passed.
ROAD—Owns 10 miles of trolley. Operates Newtonville & Watertown St. Ry., 3^ miles, under lease of 1897. Total trackage, in eluding
sidings, 16-87 miles.
EARNINGS—In year ending Sept. 30, 1899, gross, $73,664; net, $13,375 interest and taxes, $12,484 dividends, $7,500 balance, deficit
for year, $6,609;
OFFICERS— President, Gen. Man. and Purch. Agent, H. B. Parker,
Newtonville, Mass.; Sec'y, R. A. Sears, 53 State St., Boston; Treas., J.
L. Richards.
p.
;
;
;
;
NEWTONVILLE & WATERTOWN STREET RAILWAYORGANIZATION— Operates 5 miles of track. Stock, $50,000; par $100
Unfunded debt Sept. 30, 1899, $56,800. No funded debt. Operated by
Newton & Boston St. Ry., under lease of 1897. In March petitioned
Railroad Commissioners for an increase in stock from $50,000 to
$100,000.
Dividends— In Oct., 1898, paid 1 p. c. (Q-J); in 1899, Jan. 2, 1 p. c;
in April, 1 p c, in July, 1 p. c Oct. 2, 1*4 p. c; in 1900, Jan., 1^ p. c.
April. 114 p. c.
;
Earnings— In 1897-98
rental paid
was $4,655.
WELLESLEY & BOSTON ST.
Date.
)
5
5
g.
$500,000
500,000
M&S
Int. at Alex.
Mar.
Brown & Sons,
1,
1929
Baltimore.
—
President, D. Lowenburg; Vice-President, H. L. LowenTreasurer, Caldwell Hardy Secretary, Wallington Hardy.
OFFICERS.
burg
1899
Maturity.
Outstand'g.
Interest.
;
;
NORFOLK RAILWAY
& LIGHT. -See Map
page 65.
ORGANIZATION— On November
1899, was formed by consolidation
2,
&
of the following: Norfolk Street RR., Norfolk
Ocean View Ry.,
Virginia Electric Co. and the Berkeley Light & Power Co.
The
company controls the entire street railway, electric lighting and
power business of the city of Norfolk and town of Berkley, and owns
a line of railway and steamers to Old Point Comfo^,.
Maturity.
Date. Interest. Outstand'g.
Stock
BONDS—
Stock, $1,650,000
Norfolk City 1st M., gold, 5 1888 6g. J-J
$125,000 Jan. 1,1913
c<Int. atMer. Trust Co., trustee, N. Y. City.
$1,000
Jan. 1, 1944
Norfolk Street cons, mort., S 1898 5g. J-J
915,000
$1,000,000, g. ($1.000)c. 1 1nt. at Merc. Tr. & Dep. Co., Bait., trustee.
Norfolk Ry. & Light con. ( 1899 5g. M-N 1,515,000 Nov. 1, 1949
M., $4,000,000, gold, ] Interest at International Trust Co., Baltimore, trustee.
c* (
$1,000, s. f
Bonds— Of the new 1st con. mtge., $1,085,000 is reserved to retire
&
outstanding bonds, $1,400,000 to be issued only for additional property, and only upon the consent of the trustee. Present issue, $1,515,000.
Sinking Fund begins Nov. 1. 1909, and provides for the purchase
one per cent of outstanding bonds each year at 110 or less.
Road and Equipment— Owns and operates 23 miles of track in City
of Norfolk and the Ocean View Division of 15>a miles laid with 70-lb
T rails; also owns two steamers, which operate to Old Point Comfort
and extensive real estate at Ocean View which is leased for the season
of
at $11,500.
Earnings— For 12 months ending Dec. 31, 1899, gross of constituent
companies was $458,984; net, $206,543.
OFFICERS— President, R. Lancaster Williams, Richmond; 1st VicePresident, C. B. Johnston, Norfolk; 2d Vice-President, F. O. Briggs*
Trenton, N. J.; Gen. Manager, Peter Wright, Newark. N. J.; Treas.,
W. H. Doyle; Secretary and Assistant Treasurer, H. C. Whitehead.
V. 69, p. llOt, 1301; V. 70, p. 584.
RY.-Trolley.
Capital stock authorized, $115,000 (par $100); issued, $115,000.
Oct. 1, 1899, current liabilities, $5,000; no bonds. Owns and operates
8*63 miles of track. Year ending Sept. 30, 1899, gross, $53,024; net,
$16,679; charges, $1,636; div. (8%). .$8,900; balance, surplus, $6,143.
President and General Manager, H. B. Parker, Newtonville, Mass.;
Secretary, R. A. Sears; Treasurer, J. L. Richards.
Dividends— In 1898, 7 p. c; in 1699, 8 p. c; in 1900, Jan., 2 p. c.
NIAGARA FALLS,
Bonds—
Maryland Tr. Co.
($1,000)
j
|
&
STOCK
Stock ($100), $500,000
Mort., gold, $500,000.. c*
NORFOLK PORTSMOUTH
NEWS RYMarch
ORQANIZATION— Incorporated on
NORR1STOWN,
Organization.—Owns from Lewiston to Youngstown, 7*3 miles;
completed in August, 1896 branch to Rumsey Park, 1 mile sidings,
•2 m.; trackage, -2 m.; total, 8-7 m Stock authorized, $150,000; issued
$134,000; par, $100. First mortgage, Buffalo Loan, Trust <fe Safe
Deposit Co., trustee, $150,000; issued $134,000; gold c* 6s, J & D,
dated 1896, due June 1, 1926. Interest payable at office of trustee.
Loans July 1, 1898, $2,420.
Earnings—Year ending June 30, 1899, gross, $10,555; net, $3,148;
;
and taxes, $9,900; balance, deficit, $6,752. President, L. A.
Rumsey; Secretary, Karl Evans; Treasurer, Charles 8. Webb, P. O.
Box 272— all of Buffalo.
SCHUYLKILL VALLEY TRACTION-Thisroad
has been acquired by the United Power
statement under Philadelphia.
&
Transportation Co.
ADAMS, MASS.
NORTH
1890 was
1895 was
Population
16,074; in 1880
19,135; in
IN
See
was
10,191.
HOOSAC VALLEY STREET
Organization— Chartered April 7.1886.
Date. Interest.
STOCK, BONDS, ETC.—
interest
Organization— Incorporated in New York State June 3, 1899, as
successor to the Niagara Falls & Lewiston, sold at foreclosure May 23,
1899. The road extends from Onondaga Street, Lewiston, along the
bank of the Niagara River to the city of Niagara Falls. The line was
formally opened July 1,1899. The company also controls the franchises of the Niagara Falls Tower Co., the Battery Whirlpool Rapids
Co., the Niagara Rapids View Co. and the Niagara Whirlpool Rapids
PA.
Population 1890 was 19,791; IN 1880 was 13,063;
AND IN 1870 was 10,753.
LEWISTON & YOUNGSTOWN FRON'R RR-
NIAGARA GORGE RR. ELECTRIC
1900, as a consolidation
necting Norfolk, Portsmouth and Berkley) and the Portsmouth &
Smithlleld RR. Co. A mortgage has been made to the Fidelity & DePrest., H. L. Maynard; Sec,
posit Co. of Baltimore for $1.C00,000.
A. J. Phillips.— V. 70, p 480, 584.
3,330;
;
1,
NEWPORT
of the Port Norfolk Electric Ry., the Portsmouth Pig's Point & Newport News Ry. Ferry & Hotel Co., the Norfolk County ferries (con-
N. Y.
Population 1890 was 5,502; in 1880 was
and in 1870 was 3,006.
&
Stock, par $100.!
,
.
'
ioq-7
1897
.
Mortgage
Unfunded debt Sept.
1st
5
5J&J
^
Int at
Outstand'g. Maturity,
$100,000
100.000
New Engi
etc.
July 1,1917
Tr
.
c,,.,
trustee.
35,690
30, '99
ROAD.— Owns 1300
RY.-Trolley road.
miles of main line track and 0-42 miles of sid-
ings, etc. Extension to Williamstown. 6 miles, was completed in 1896.
Earnings- For year ending Sept. 30, 1S99, gross receipts, $83,764;
net, $27,868; interest, etc., $10,658; dividends (6%), $6,000; surplus,
$11,210.
OFFICERS—President and Treasurer,
North Adams.
P. Thayer, all of
C. Q.
Richmond; Secretary,
S.
STREET RAILWAYS.
65
STREET RAILWAY b.
6tf
NORTH ATTLEBOROUGH, MASS ;
Population in 1895 was 6,576 and in 1890 was
INTER-STATE CONSOLIDATED
6,727.
RY-
ST-
OrQANIZATION—Organized April 21, 1895. Soe V. 60, p. 606.
la 1900 was authorized by Legislature to become a common carrier and carry light freight.
Date. Interest.
Outstanding. Maturity.
Stock & Bonds—
Stock, $380,000, par $100
6 Q.— J. $380,000 See text
Coupon notes
1897
4 Q,.— F. 150,000 Apr. 28, 1907
Bonds auth., $200,000
(?)
Loans and bills payable Oct. 1, '99
Dividend— in 1897, 6 p. c; in 1898, 6
l^p.c; April, l^ p. o.
ROAD— Owns 22-59 miles
Latest Earnings— 5 inos.,$Gross
$20,786; net, $4,9 il
Gross
18,748; net, 3,190
EARNINGS— For fiscal year ending June 30, 1899, gross, $69,316; net,
$25,623; interest, $19,706; taxes, $3,697. For the year ending Sept.
Jan. 1 to
from Main
etc.,
$60,670; not, $20,802; interest, $16,525.
OFFICERS— Prest., T. M. Waller; Vice-Prost. and Gen'l
W. Mansfield; Sec. and Treas. G. N. McKibbin.
c; in 1899, 6 p.
c.;
Pawtuoket R. I.,
Dodgoville and Attleborough.
After deducting taxes,
fiscal years ending Sept. 30.
Other
Interest,
I)iv.
Balance.
Gross.
Wet.
Income. Taxes. &c
1899.. .$151,959
$24,627
$588 $16,597 $22,800 def.$14,182
1893... 135,395
22,800
sur.8,943
42,811
169
11,237
OFFICERS— President, Marsden J. Perry, Providence, R. I.; Secretary and Treasurer, Edward R. Price, North Attleborough; Supt., Geo.
R. Cook, Attleborough.— V. 61, p. 662, 871.
*
Earnings— For
NORTHAMPTON, MASS.
in 1895 was 16,746; in 1890 was 14,990; in
12,172; AND IN 1870 WAS 10,160.
NORTHAMPTON STREET
Population 1890 was 16,192; and
Loans and
A
New
payable Oct.
mortgage, $200,( 00
Interest at Springfield
1,
1888
1899
5A-0
25,000
60,000
1880 was
bonds for
and build
Apr.
1,
1909
(?)
& Trust Co.,
Springfield, Mass.
Dividends—In year 1893-94 distributed $12,000; in 1895, 10 p. c;
in 1896, 10 p. o.; in 1897, 9 p. o.; in 1898, 8 p. o.; in 1899, 8 p. c.;
in 1900, Jan., 4 p. c; July, 4 p. c.
Road— Owns 17-125 miles of main track and 1-431 mile sidings, eto.
S.
D.
In June, 1900, extensions were proposed.
Annual Report— For years ending Sept. 30 earnings have been
1899.
1898.
1899
1898
Gross
$103,084 $92,326 Bal. for div'nds.. $31,597 $25,074
Net
41,139
34,694 Dividends
24,000
24,000
Int'st, taxes, etc.
9,542
9,620 Bal. for year... sur.7, 597 sur.1,074
OFFICERS—President, John Olmsted, Springfield; Secretary, H. P.
Field, Northampton; Vice-Presidentjand Treas'r, N. D. Winter, Springfield; Gen. Man., A. E. Smith, Springfield; Superintendent, Edwin C.
Clark, Northampton.— V. 70, p. 842, 1049.
in 1890 was 1.785; in 1880
in 1870 was 1,821.
was
NORWOOD, MASS.
a consolidation of the Norton & Taunton Eleotric, the
Attleborough Street, the Mansfield & Norton Street, and the
Mansfield & Eastern. Stock, $260,000. Mass. Commissioners in May,
1900, gave permission to issue new mortgage bonds for $296,000, of
which $240,000 will be reserved to take up that amount of prior liens.
ROAD— Owns 30 miles of traak; gauge, 4 ft. 8*3 in.; 56 and 90 lb.
T and girder rails. Operates 36 motor cars.
Officers— President, Daniel Coolldge, Cleveland, O.; Vice-President, G. L. Wetherell; Treasurer, A. H. Sweet; Gen. Man. and Purch.
Agent, W. O. HaUowell, all of Taunton.—V. 69, p. 334! V. 70, p. 1049.
is
&
in
;
Organization— Incorporated under
Co,
See state-
the rest of the line in June, 1899.
On Nov. 22, 1899, P. L. Saltonstall was appointed receiver, and in
December, 1899, asked permission of the Court to issue $25,000
receiver's certificates.
STOCK
Stock
1st M.,s.
The
first
mortgage
1893
See below.
- S
5 g.
M
&
BONDS—
f.,
gold, c*)
($200,000)
I
Date
Outstanding.
Rale.
1899
Int. at
5 s
M&N
American Loan
$200,000
125,000
& Trust,
Maturity.
May
1,
1919
Boston, trustee.
Current liabilities Oct. 1, 1899, about $168,000.
Sinking fund is expected to retire the bonds at maturity. They cannot be called, but may be purchased at 105 and interest.
ROAD— Owns 19 miles of track, connecting Norwood, Mass., and
Mansfield, Mass., with two small branches. Owns 8 cars.
OFFICERS— President, Rufus H. Sawyer, 41 Federal Street, Boston,
Mass.— V.
69, p. 1103, 1148.
N. Y.
4,111; in 1880 was 3,881.
To be a trolley road. Reorganized
in 1898 by Isaac A. Walker & Son, who purchased the franchise, right
of way, etc., and are constructing road. To extend from Sparkill,
N. Y., to South Nyack, Nyack and Upper Nyack, with an extension
from the ferry at Nyack to West Shore RR. station, and from Upper
Nyack to Rockland Lake; total, 12 miles. In December, 1899, contract was awarded to the Murphy Third Rail Electric Co. to construct
8 miles of the road, to be completed by June 15, 1900. The stockholders voted to increase the stock from $75,000 to $150,000. President, Henry C. Howard, Chester, Pa.; secretary. Geo. D. Howell,
Philadelphia, Pa.; Treasurer, E. F. Walker, 1218 Stephen Girard
Building, Philadelphia, Pa.— V. 67 p. 789.
OAKLAND, CAL.
TRANSIT CO.-A
OAKLANDIncorporated
1898 by
$287,000
399,000 Sept.
1,
1923
Interest at Atlantic Tr. Co., trustee, N. Y. City.
Subject to call at 104 after Sept. 1, 1898.
bonds are a first lien upon all property of every
5
iescription now owned or hereafter acquired. Under the terms of the
mortgage the bond issue is limited to $20,000 per mile of construction
and equipment, and under laws of State cannot exceed 75 per cent of
the cost of road and equipment.
Dividends— From July, 1893, to July, 1895, dividends of 2 per cent
yearly paid J. <fe J., none since.
Road—Owns and operates from Broad River through City of Norwalk to South Norwalk and Westport, and also to the excursion grounds
at Roton Point on L. I. Sound, to Gregory's Point, to Five Mile River,
Darien, Noroton and Stamford, a total trackage, with sidings, of 20
miles. Road laid with 48 and 56 and 70 lb. T rails.
in
Organization—
trolley road.
the " Realty Syndicate "
a« a consolidation of the Central Avenue, East Oakland Street, Oakland Consolidated, Highland Park & Fruitvale, Alameda Oakland
Mount View and California Rys. See V.
Piedmont, Piedmont
64, p. 287. Comprises practically all the street railways doing business in Oakland, Alameda, Berkley and County of Alameda. Assessment of $1 00 per share was called for payment April 24, 1899.—
&
&
NORWALK TRAMW AY>
Com-
Massachusetts laws.
which 9 miles opened in April, 1899, and
prises 19 miles of track, of
;
ORGANIZATION—Incorporated May 6, 1889. Charter perpetual.
Date.
Interest. Outstand'g.
Maturity.
STOCK & BONDS—
Stock ($100) $850,000
1st mort., $20,000 p. m.
gold, $1,000
c*
RAIL-
electric road.
;
1890 was 17,747 in 1880 was 13,956
in 1870 was 12.119.
WAY-This road has
NORWALK STREET RAIL& Power
3,733;
Population 1890 was 48,682 in 1880 was 34,555
and in 1870 was 10,500.
and
been acquired by the Connecticut Lighting
ment of the latter under Waterbury.
was
NORFOLK SOUTHERN STREET
WAY—An
NORWALK, CONN.
Population
in 1895 was 4,574; in 1890
IN 1880 WAS 2,345.
Population
NYACK TRACTION—
1,732;
NORTON & TAUNTON STREET RAILWAY
This
&
;
Population 1890 was
/Trolley.
Norton
trolley road.
Mortgage of 1893 is for $350,000, of which balance unissued is reserved for improvement and additions, being issuable therefor only
under general laws of Connecticut to 75 p. c. of actual cost of same.
Dividends—From 1895 to July, 1897, both inclusive, 5 p. 0. yearly; in
1898, Jan. 1 p. c; July, 1 p. c; in 1899, Jan., 1 p. c; July, 1 p. 0.; in
1900, Jan., 1 p. c.
ROAD—Owns 12-46 miles of track, of which -55 miles sidings.
LATEST EARNINGS—Twelve months to June 30, 1899, gross, $77,645;
net, $24,671; taxes, $4,725; interest,$13,847; dividend (2 p.o.) $5,000.
OFFICERS—August 1, 1899, President, B. P. Learned Secretary
Superintendent, W. L. Adams, Norwich Treasurer, 8. Reed Anthony,
Boston, Mass.
NYACK,
NORTON, MASS.
Population
1880 was 15,112;
;
Date. Interest. Outstand'g. Div'nds,<6c.
J- J
$300,000 1 .p.See text
bills
K.
Organization— Incorporated in 1882 and has a perpetual franchise.
Maturity.
STOCK & BONDS— Miles. Date. Interest. Outstand'g
Stock ($6,)0'000 au-}
J- J $250,000
See text
thorized— $100
3 Dividends at Am. Loan & Trust Co., Boston.
1st mort., $350,000, 5 12:
1893 5g. A -O $265,000
Oct. 1, 1923.
gold, $1,000
5 Interest at Am. Loan & Trust Boston.
June 30, 1899, bills payable, $17,000.
RAILWAY-A
new issue of
26, 1873.
authorized in 1900 to retire existing debt
Organization— Chartered Feb.
in
NORWICH STREET RAILWAY- A
trolley road.
lstM.,notsubj.tocall($500)c
ger,
NORWICH, CONN.
in 1900.
and 3*2 mile sidings,
to North Attleborough,
track
Street,
$200,000 has been
an extension to Holyoke.
Stock, Bonds, Etc.—
Stock, $300,000, par $100
Man
120,000
p.
Mass., Hebron villo,
Total operated
(Including track outside of Mass.), 30-95 miles. The combined population of those towns was in 1890 about 41,937.
Latest Earnings—8 mos.,( 1899-on. cross. $i09,046; net, •$26,215
Oct. 1 to May 31.
90,872; net, *11,845
U898-99. Gross,
Population
I
30, 1898, gross, $68,372; net, $24,578; interest, $19,343; taxes, $3,697;
rentals, $518; balance, surplus for year, $1,020.
In 1896-97, gross,
Jan.,
trolley
May 31.
V. 68, p. 673.
&
BONDS—
Maturity.
$3,985,900
1898 6 g JJ $1,400,000 July 7, 1918
1st Pons
Wort $i,400,ooo>
<K1 400 000 (
Cons. Mort.
California Safe
N
Y k
g., s.f., not subj. to call c ^
D eposit & Trust Co., trustee.
The consolidated mortgage of $1,400,000 retires all the underlying
bonds, and the great majority of the old bonds has been exchanged
for the new issue. Messrs. E. H. Rollins & Sons, of Boston, have been
STOCK
MJs. Date. Interest. Outstand'g.
Stock, $5,000,000 (par $50)
Itti
-
offering consols for sale.
ROAD— In Sept, 1899, embraced 81-22 miles of trolley, extending
from Oakland to Alameda, Berkeley, Fruitvale and East Oakland.
OFFICERS—President, E. A. Heron; Treasurer. F. C. Havens; Seo.
retary, Samuel J. Taylor.
Directors— F. M. Smith, E. A. Heron, F. C. Havens, W. H.Martin
D. D. Harris, J. C. Winans, F. W. MoCann and Charles R. Bishop.—
V. 66, p. 1190; V. 68, p, 429, 673, 1026.
STKEET RAILWAYS.
RAILROAD-A
OAKLAND
Formerly
road, but now
changed
trolley road.
Road—
all
cable
to ele< trie. C'har.
ter 50yoars from Jan. 27,1888. Gauge, 4 ft. 8*2 inches. Operates
19*3 miles of track. Girder rail, f 0, 70 and 72 lbs. Cars, 32. Stock
authorized, $2,500,000; bonds, $125,000. Pres., Treas. and Purch.
Agt., F. 8. Douty, 4 Montgomery Street, San Francisco; Vice Pres.,
H. E. Huntington; Sec, J. R. Folsom, Supt., M.M. Martin.
OAKLAND SAN LEANDRO & HAYWARDS
ELECTRIC RAILWAY CONSOLIDATED
Organization— A
Stock &_ BONDS
consolidation May 8, 1894.
Date.
Interest.
Outstanding.
Stock ($1,000,000 auth.) )
c
shares.
Mnnthiv i 92-000
Monthly.
—$100
\$ 2
S
-
;
N. Y.
Population 1890 was 11,662; in 1880 was 10,341;
and in 1870 was 10,076.
OGDENSBURG STREET
Organization.— Chartered Dec.
STOCK
&
BONDS—
Date.
RY.-A trolley road.
22, 1885.
Ouh landing.
Interest.
Maturity.
Stock, $150,000 ($100)
l8
5
&C
$150,000
" 82
1895
6M
150 000
Sept. 2, 1925
'!
*15T^?. .??.'..
Mortgage trustee. West End Trust Co., Philadelphia.
ROAD— Owns 14 miles of track laid with 52 and 48 lb. T rails.
Latest Earnings— From Jan. 1 to May 31, 1900, gross, $6,837;
'
.
1899, $6,876.
EARNINGS— For year ending Dec. 31, gross, $22,134 in 1899, $19,7P2
In 1898. For year ending June 30, 1899, gross, $20,899; net, $9,0i5;
and taxes, $7,437; balance, surplus, $1,598.
OFFICERS— President and Treasurer. H. A. Sage, Easton,
President, J. F. Dolan Secretary, H. W. Cooley.
interest
Pa.; Vice-
;
OLE AN,
POPULATION
(est.)
and
N. Y.
was
1900, 15,000; in 1890
in
1880 was 3.036.
7,358;
THE OLEAN STREET RY-A
Chartered
trolley road.
In July, 1897, was
authorized to increase stock from $16,000 to $300,000, and to Issue
$300,000 new bonds for extension to East Olean and Portville.
March
ORGANIZATION—
Earnings— For
fiscal
1,
1880.
year ending June 30, 1899:
net, $19,627; other income, $1,047;
surplus, $3,464.
intorost
Gross, $44,437;
and taxes, $17,210;
LATEST Earnings— 4 mos. > Gross
$14.3rg; net, $%992
Jan. 1 to Apr. 30.
5Gross...
.... 13,458; net, 6,224
Stock, $300,000, par $100
$300 000
1st mortgage, 5h, gold
225 000
2d mortgage, gold, 5s
60,000
Road— Operates 133? miles of road.
OFFICERS— President and Treasurer, Wilson R. Page; Secretary and
Superintendent, I. W. Miller.— V. 65, p. 152.
OLEAN ROCK CITY & BRADFORD
RY-
ORGANIZATION.— Organized in 1897. Capital stock, $210,000; funded
debt 6s, 1917, J&J (American Loan & Trust Co., Boston, trustee,)
$6,500; notes payable, $191,400.
Operates 17*2 miles of road.- t.*.>u.
age, 2-31; sidings, 070; total, 2051 miles. President, W. B. Ferguson;
Secretary, George A. Butman, 53 State Street. Boston.
OMAHA, NEB.
Populahon 1890 was
and
140,452; in 1880
was 16,083.
in 1870
DUNDEE PLACE CAR
Operates
Road,
Ha
Etc.—
was
30,518;
LINE-An electric road.
miles of track.
President, R.
W.
Patrick.
OMAHA STREET RAILWAY-A
trolley road.
1889. This is a consolidation
of all the street railway properties of the city operated by cable, horBe
and electric powers. Has the benefit of three franchises.
STOCK
BONDS—
Date.
Interest.
Outstanding.
Maturity0)
" N
$5,000,000 f p.
See text
i
n™° St.( *l°
V oonsol.
Om.
Ry. 1st
M., $2,500,000, gold.... 1889 5g. M.-N.
2,250,000
May 1, 1914
Interest is payable at the Fanners' Loan & Trust Co.,
N. Y. City.
Consols for $500,000 were issued in July, 1896, to retire the first 6s.
Dividends.-DuTing fiscal year 1895-6 paid dividend of 1 p. o.
ROAD— Operates about 90 miles of track. During 1895-6 spent
$60,000 for new construction and equipment. In 1897 and 1898 expended for betterments about $325,000.
Organization— Incorporated Jan.
&
«
•
-,
M
-
1,
'
.
EARNINGS-For year ending Nov.
30, 1897, gross, $596,763; net,
272,165; interest oharges, $123,185; balance, surplus for year, $148,980. In 1895-6, gross, $559,388; net, $209,873.
OFFICERS-Presideut, Frank Murphy; Vice-President, Guy C. Barton;
W. W. Marsh; Sec, D. H. Goodrich; Gen. Man. W. A.
Smith General Supt. and Puroh. Agent, F. A. Tucker.— V.
67, p. 843.
Treasurer,
;
HA
& COUNCIL BLUFFS
B R I DO E— An electric road.
&°J^
,
ORGANIZATION— Was granted a new charter for 50 years from Oct.
1897. In August, 18P9, Judge Thornell, in the District Court, ruled
that this ordinance extending the old franchise, which otherwise
would expire in 1912, was void.— V. 69, p. 492.
Refunding.— Sinking fund payments are in default. Floating debt
is $30,000.
Negotiatione are pending for refunding bonds at lower
rate of interest.
&
Interest Outstanding.
Interest.
Maturity.
Date.
STOCK
BONDS—
stock
$1,500,000
1st mort. (see below))
400,000 Jan. 1, 1908
1888.
6 g J-J
gold,$l,000.HinkingS.Subject to call at 110 in 1899.
fund, $500,000. .c ) Int. at Mercantile Trust Co.(trustee), N.Y. City,
Bonds guaranteed—
.
Maturity.
Bee text.
Oak. San Leandro <fe Hay,
1892 6gM-S
$250;000 Mar. 1,1922
Ry. IstM.gold $1000 ea. Interest is payable by cheek.
23d Ave. Ry. 1st mort., J 1893 6g M-S 15
$250,000 Mar. 1, 1923
gold, $1,000 each
5 Interest is payable by check.
Mortgage trustee is the California Title Insurance & Trust Co.
Bonds— Both mortgages have sinking fund commencing ten years
after date and increasing from 2 per cent yearly (of total bonds outstanding) for the first five years to 8 per cent for last five years. The
bonds are not subject to call before maturity.
Dividends.— Dividends were resumed in 1899, and 20 cents pe r
•hare paid monthly from August 15.
Road— Owns 29 miles of track, all but I ^ miles being electric.
OFFICERS— President, H. W. Meek Vice-President, Win. J. Landers
Secretary, S. B. McLenegan; Treasurer. C. E. Palmer, all of Oakland.
OGDENSBURG,
1
67
RAILWAY
July 1, 1909
St. Ry. )
1889.
5 g J-J
$250,000
M. $250,000 gold [Subject to call at 106 in 1899.
$1,000 guar. p. & i. [Interest at Mercantile Trust Co., trustee, New
Council Bluffs
1st
(end.)sinkingfundc* J
York City.
6s may be issued at $25,000 per mile for road
acquired and unencumbered. The sinking fund is $20,000 yearly till
January 1,1899, and thereafter $30,000.
Road—Operates 25 miles of track.
$63,423; net, $27,992
Latest Earnings— 4 mos. > Gross
Jan. 1 to Apr. 30.
52,608; net, 18,8(3
5 Gross
OFFICERS— President, N.W. Wells; Vice-President, J. J. Brown; Secretary, C. T. Stewart; Treasarer, J. H. Millard; General Manager, W.
S. Dimmook.- V. 65, p. 236; V. 69, p. 492.
Bond*— Additional
OMAHA COUNCIL BLUFFS & SUBURBAN
RAILWAY-a trolley road.
Organization— Incorporated Sept. 28, 1899, with a capital stock of
$1,000,000, to construct and acquire street railways in Council BluffB
and suburbs. In June, 1900, the line between Omaha and Lake
Manawa, a distance of 18 miles, was nearing completion. In Feb.,
1900, absorbed the East Omaha Street Ry. Co.. the formal transfer of
which took place on May 31, 1900.— V. 70, p. 382.
In Feb., 1900, filed a new mortgage for $600,000, given to the Royal
Trust Co. of Chicago and Albert E. Johnson, trustees, maturing in
1920, interest 5 per cent, and redeemable iu 1906.
Officers— Pres., George Townsend; Vice-Pres. and Treas., F. P.
Espeuscheid; Sec, Man. and Purch. Agt., W. S. Reed.— V. 70, p. 231,
382, 1150.
(1 )
EAST OMAHA STREET RY.-A trolley road.
was absorbed by the Omaha Council Bluffs & Suburban Ry.
In 1900
Co.
Organization— Chartered April 18, 1893, and afterwards bought
out the line of the Inter-State Bridge & Terminal Ry. Co. Company
holds an exclusive franchise on all the streets in East Omaha until
January, 1919, and for the same time exclusive rights across the
Omaha Bridge & Terminal Company's bridge, spanning the Missouri
River and leading to Council Bluffs, Iowa. This latter franchise is
regarded as very valuable. At present lines are only operated In the
suburb, East Omaha, but ultimately to be extended to Council Bluff».
Stock
Debt—Authorized capital $1,000,000, par $100; issu^
and outstanding, full paid, $86,750. No bonds. Unfunded indebted,
ness Aug. 1, 1899, $12,000. Dividend 6 p. c. January, 1894; none since.
ROAD— Operates 5*5 miles of single track on 3*2 miles of street.
Gauge 4 feet 8^ inches. Rails 40 lb. T and 45 lb. girde,r.— V. 70, p.
1150.
&
ORANGE,
N.
J.
Population in 1898 was (estimated), 25.C00;
1890 was 18,844; in 1880 was 13,207;
and in 1870 was 9.348.
ORANGE MOUNTAIN TRACTION COORQANIZATION— Successor to Orange Mountain Cable Co. sold Oct. 9,
1895, to Charles E. Eimerman, of Philadelphia, for $10,550.— V. 61, p.
662. Stock, $100,000; par $100. Jan. 1, 1900, real estate mortgages,
$41,624; unfunded debt, S'4,937.
Owns l^a miles of cable incline,
extending to top of Orange Mountain, in Township of West Orangf
also power house, machinery, 19 acres of land, pavilions and amusement resort at summit of mountain.
Earnings— For year ending Dec. 31, 1899, gross, $13,431; net, $4,061.
Not operated during 1897; re-opened April 9, 1898. President, Frank
Brewer, Orange Valley, N. J.; Secretary and Treasurer, A. F. Skinner.
Nutli y, N
V. 60, p. 968, 1010; V. 61, p. 366, 662.
J—
SO.
ORANGE & MAPLEWOOD TRACTION.-
Organization— Owns no road but leases the South orange & Maplewood St. Ry. Stock authorized and paid in to Jan. 1, 19< 0. $25,000;
bonds have been authorized, but none issued to date mentioned; other
debts, $52,501; costof equipment and appurtenances owned, $31,786.
Earnings— Year ending Dec. 31, 18S9, gross, $18,433; expenses,
$22,154; deficit, $3,721. Pres , Edward D. Pace; Treas., John O'Rourke.
SOUTH ORANGE & MAPLEWOOD ST.
RY.
of main line, 2*6 miles double track; total
trolley, including sidings, 5*5 miles. Gauge, 4-tt. 8 1* in. Rails, T and
girder. Power rented. Stock issued, $100,000: dei'ts Jan. 1, 1900,
ORGANIZATION— Length
$68,564. Costof road and equipment to Jan. 1, 1900. $277,501. President, Edward D. Page. General omoe, West Orange, N. J.
OR ANGE& PASSAIC VALLEY RY. -Trolley road.
ORGANIZATION— Incorporated in 1S98 as successor of Suburban
Traction Co.; sold in foreclosure July 6, ls9S.
Date.
I)iterrst.
Outs'ding.
STOCK & BONDS—
Maturity.
Stock, $1,000,000
$1,000,000
Or. &B1 Crosstown Ry. 1st >
cn nA/,
60,000
M.. assumed
\
Sub.Trac. Consol. M.. guar- \ l>-93
150,000
5 J-D
1923
anteedloan, assumed
Amer. Loan <fe Tr. Co., Boston, Trustee.
>
8i>s
Dec. 1.1948
590,000
5 J-D
New
new mort.,
000
mort *i,
$1000
<
ooo.ooo....
Nj
Qxux 4 Tr Co of J( r ey ry Jr
ROAD— 10 miles of track on 7 miles of streets.
n
m
,
,
STREET RAILWAYS.
68
Earnings— Earnings
From
pas'ng'rs
Other sources.
>
)
\
75
\
Expenditures.
1898.
1898.
1899.
*-„ „ y
*»^»«* q
$52,158
,
$64,215
OFFICERS- President, Charles A. Sterling; Vice-President, William
Soheerer— V. 67, p. 75; V. 68, p. 381.
OSHKOSH,
AVIS.
Popdlation 1890 was 22,836; IN 1880 was 15,748;
and in 1870 was 12,663.
CO.—A
WINNEBAGO TRACTION
the
reorganization
trolley road.
Citizens' Tracof
a
tion Co., eold in foreclosure in 1900. The purchasers were Emerson
MeMillin & Co., N. Y. Incorporated under the laws of Wisconsin.
Population served (estimated) 1900, 50,000. Franchises run to 1932.
Date. Interest. Outstand'g. Maturity.
STOCK AND BONDS—
$650,000
Stock, $650,000
550,000 Apr. 1. 1930
1st mortgage, $1,000,000, J 1900 5g. A-O
America,
N. Y., trustee.
Trust Co. of
c* (
gold,$l,00u
are reserved for
$450,000
for
000,
Of
the
mortgage
$1,000
BONDS—
future purposes. Bonds are redeemable at 110 and accrued interest,
Organization, Etc.— This
upon
six
weeks
is
operates 30 miles of road, 15 miles in Oshkosh and
15 miles of interurban road running to Neenah and Menstha.
OFFICERS— President, Emerson MeMillin. New York; Vice-Prest.
and Gen. Man., K. E. Downs; Secretary. W. F. Douthirt; Treasurer,
May Rothermel.— V. 64, p. 719; V. 69, p. 333, 1117; V. 70, p. 632,
031,741,998.
OSWEGO,
N. Y.
Population 1890 was 21,842; in 1880 was 21,117;
and in 1870 was 20,910.
OWENSBORO
TRACTION.-Trolley.
&
H^
OTTAWA,
in 1886. Franchise runs till 1936 and
gives exclusive rights to operate street railway in said city.
Maturity.
Miles. Dale. Interest. Outstand'g
STOCK
BONDS—
Stock, $50,000 (par $50)
$50,000f. p
"
6 J J
1908
8 ^ 1888
25,000
IstM
isi
no.., $500
i
eacn
vow each
^ Interest at Louisville Banking Company.
2d $100,000 ($500), cur., < 8*2 1894 6 J-J
Jan.
1,1917
75,000
not subject to call
< Interest at Louisville Trust Company.
Bonds—Of second 6s $25,000 reserved for first mortgage when due.
Road— Owns 10 miles of trolley t- ack in Owensboro and suburbs.
OFFICERS— Pres.,W. E.Whitely; Sec.R. A. Miller; Treas., J. H. Parish.
&
PADUCAH KY.
Population in 1890 was 12,797; in 1880 was 8.036;
in 1870 was 6,866; and in 1898 (estimated) 23,000.
PADUCAH RY. & LIGHT CO.-A
ILL.
in 1899 (local
estimate), 17,000; in 1890, 9,985;
in 1880, 7,834.
&
STOCK
BONDS—
Organization.— Organized in March, 1899, under the laws of Illinois, and in July, 1899, purchased the Ottawa Street Railway (previously sold at loreclosure) and the Thomas Electrio Light & Power
Co. The latter has been in successful operation since 1884, and has a
complete modern plant located in the centre of the city. Water power
electricity.
&
BONDS
Date.
Outstand'g.
Maturity.
Stock authorized, $150,000
1st M., s. f., g $150,000,$100
150,000
1899 5g. A&O
150,0
Apr.1,1929
I
and $500
S Int. at American Loan & Tr., Boston.
Sinking fund of $2,000 a year is provided, to be invested in the bonds
if they can be purchased at 105 or less.
Earnings— For year ending Dec. 31, 1899, gross earnings of railway
and electric companies combined were $37,881. For calendar year
If 00 gross is estimated at $40,000 and net at $18,000, as against
which the requirements for interest and sinking funds would be
,
$9,500.
—
Road and Plant Operates about 8 miles of line, covering the principal streets of Ottawa, and also runs out of the city to Ellis Park, a
pleasure resort on the Illinois River. Equipment, 11 motor and 7
Has a complete steam and electric plant for generating
power. In Feb., 1900, a 500 H.P. steam plant was being added, also
was supplying 94 arc and 5,800 incandescent lights and operating
three 50 light arc dynamos, belonging to the city, for street lighting.
OFFICERS —President, F. 8. Donnell, 60 State St., Boston; Secretary,
M. F. Skinner; Treas. and Man., Louis W. Hess, Ottawa, 111.
trail cars.
OTTUMWA, IOWA.
Population 1890 was
was
14,001; in 1880
and
in
1870 WAS 5,214.
OTTUMWA ELECTRIC
&
PAINESVILLE. O.
PENNSYLVANIA & OHIO RY--A
9,004;
STEAM
CO.-A
ORGANIZATION— Property of the Ottumwa Electric Ry., including
power plant, was sold under foreclosure on April 28,
1898 (V. 66, p. 901.) and the present company organized in 1899.
STOCK and Bonds.— Capital stock is understood to be 200,000;
railway, heat and
information declined because only four parties inteiested in property
now, and bonds all held in Ottumwa.
Road— In 1900 company operated 6 miles of trolley In city of Ottumwa, Iowa. All by electricity. Weight of rails, 38 lbs. girder and
60 lb., T\ Also does municipal, commercial and residence electriclighting; supplies electric power for stationary motors, etc., and
operates a system of steam heating, with 3*2 miles of mains.
Officers— Preside! t, J. H. Merrill; Vice-Pres., Wm. Daggett; Sec,
J. B. Sax: Treas.. J. W. Garner; Supt and Purch. Agent, H. H. Caugh-
Ottumwa— V.
66, p. 901; V. 70, p. 743.
trolley road.
Organization— Incorporated on March 17, 1898, to build an eleotrio road from Conneaut westward to Kingville, Ashtabula, Say brook,
Painesville and Geneva, there to connect with extension of Cleveland Painesville & Eastern Ry.
In Nov 1899, work in progress,
commencing at Conneaut Harbor to City of Conneaut and westward;
,
in opeiation, 7 miles.
&
Stock
BONDS—
Stock (par $100),$1C0.000
auth
lstmort. $81,000 gold.. o*
Date.
Interest.
1899
5J&D
5
)
Outstand'g.
$54,000
Maturity
June 1,1919
Sav. & Trust Co. Cleveland, Trustee.
ROAD-Owns 7 miles of road; total length of projected road, 44 miles.
OFFICERS— President and Purch. Agt., Thomas Fricke; Vice-Pres.,
W. F. Stanley; Secy., E. L. Hills; Treas., B. W. Baldwin. Office at
Ashtabula.
$500 each,
s. f
,
s
PASSAIC,
N.
Population in 1890 was 13,028;
J.
in 1880
was
6,532.
PASSAIC & NEWARK ELECTRIC TRACTION— For statement of this road see North Jersey Street Railway,
under Jersey City.
PATERSON,
N. J.
Population 1890 was 78,347; in 1880 was 51,031;
and in 1870 was 33,579.
The Paterson Railway, the Paterson Central Electric, the White
Line Traction, etc., etc., have all been absorbed by the Jersey City
Hoboken & Paterson. See statement of the latter under Hoboken.
PEEKSKILL,
N. Y.
Population in 1890 was 9,676; and in 1880 was 6,893.
PEEKSKILL TRACTION CO-To be a trolley road.
On Oot. 16, 1899, Frank Frye was appointed receiver, as the result
of judgment obtained agaio st the company. V. 69, p. 852. Foreclosure sale was to take place in April, 1900.
May, 1898, with a capital of $150,and between Peekskill and the
Cortland and Yorktown. About 6 miles built in 1899.
ORGANIZATION—Incorporated
in
000, to construct an electrio railway in
towns
of
V. 69, p. 852.
PENN YAN,
Population
in 1890
was
N. Y.
4,254; in 1880
was
3,475.
PENN YAN KEUKA PARK & BRANCH-
PORT RY-A trolley road.
trolley road.
lan, all of
Maturity.
population in 1890 was 4,755; in 1880 was 3.841.
Franchise perpetual for electric
Interest.
Interest. Outstanding.
$200,000
1898 6 g. J - J 400,000 July 1, 1918
Interest at American Trust & Savings Bank, Chicago, Trustee.
Sinking fund July 1, 1903, 3 p. c. annually of amount outstanding.
Bonds are redeemable at 105 after 10 years.
ROAD— Operates about 14 miles of track.
Earnings— Estimated gross earnings for 1899, $91,000.
OFFICERS— President, Geo. C. Thompson Secretary, T. J. Flournoy;
Manager, Geo. C. Wallace.- V. 67, p. 127, 493.
lighting.
STOCK
Date.
Stock, par $100
1st mortgage $400,000 gold.
OTTAWA RAILWAY LIGHT & POWER
used in generating
trolley road.
Organization—Consolidation in 189 8 of the entire street railway and
electric-lighting plants of Paducah.— V. 67, p. 127, 483.
In 1899
CO.— A trolley.
is
CITY RAILROAD-A trolley road.
ORGANIZATION—Chartered
;
Incorporated at Albany June, 1899, as successor to the Oswego
Street Railway and the Lake Ontario & Riverside, sold at foreclosure
April 10, 1899, according to plan in V. 65, p. 278, but not formally
turned over to the new company until 1900.
Maturity.
Date. Interest. Outstand'g.
BONDS—
STOCK
$200,000
Stock, common, $200,000
4
100.000
Pref.. $100,0.0, non-cum
95,000
1929
5g.
5 1 899
i„t™*~o
on
nnn
™i,i
gold....
1st
mtge., <ti
$100,000,
\ Tru8te6i Knickerbocker Tr. Co., N. Y.
$200,000
3
> !899
*„<> *zou,uuu
oa
<£oe\nr\nr\
2a m
mtge.,
^ Knickerbocker Trust Co., trustee.
miles of track.
Road—
Earnings— Year ending June 30. 1899, gross, $26,396. In 1898
(before re-oreanization), gross, $22,965; def. from operation, $4,944.
—V. 65, p. 27^ V. 67, p. 1161; V. 68, p. 474, 772,1133; V. 69. p. 1148.
OFFICERS —President, S. M. Coon; Vice-Pres., Charles A. Tanner;
Treaa., James P. Doyle.
Population
Population 1890 was 9,837; in 1880 was 6,231;
AND in 1870 WAS 3.437.
granted 25-year franchise.
notice.
ROAD— Owns and
OSWEGO
OWENSBORO, KY.
Suburban Traction
of
1899.
$61,1 10
Earnings.
Organization— Incorporated in 1897. Stock, *100,000; par, $100:
outstanding, $90,000. Bonds, 20-year gold bm, +100,000, dated Aug. 2,
1897, $500 each, int., F-A, all issued; Amer. Loan <fe Trust Co., Boston,
trustee. Road runs from Penn Yan to Branchport, 8^9 miles; with
sidings and terminals, 9^ miles of track. Extension, Branchport 1o
Poulteney, N. Y., 4^ miles, under consideration. Earnings for year
ending June 30, 1899, gross, $21,017; net, +3,789; interest and taxes,
$5,356; bal., deficit, $1,567; President, W. S. Reed, Leominster, Mass.;
Sec, F. H. Viele, Keuka Park, N. Y.; Treas., W. H. Tylee, Worcester,
Mass.
PEORIA,
ILL.
Population 1890 was 41,024; in 1880 was 29,259;
AND IN 1870 WAS 22,849.
CENTRAL RAILWAY.-A
STOCK
&
BONDS—
Miles.
Date.
trolley road.
Interest. Outstand'g.
Maturity.
$750,000
St'k $750,000 (par, $100)
500.000 Apr.l, 1915
1895 5 g.A&O
1st M., $750,000, gold, )
o* 5 Interest atN.Y. Security &Tr. Co., N.Y., trustee.
($1,000)
RAILWAYS.
STREET
Bonds of 1895 cover the entire system, including the lines of the Fort
Clark St. By., control of which was acquired in Aug., 1895. V. 61, p. 793.
Road— Owns 60 miles of track.
Earnings— No recent reports. For 7 months from April 1 to October 31, 1895, on 41 miles, gross, $177,885; net, $76,532. Not Including Fort Clark Street By. 1894-5 gross, $201,051.
Officers— President, Walter Barker; Sec, J. N. Ward Treas., H. J.
Woodward; General Maua. and Purch. Agt., J. Flnley. V. 61, p. 966.
:
PEORIA & PROSPECT HEIGHTS RAILWAY—A trolley road.
Organization— Successor to the Glen Oak & Prospect Heights By.,
purchased by this company in Nov., 1897. Capital stock, $100,000;
no bonds. Is supposed to be controlled by the Central By. Operates
10 miles of track.
Officers— President, JohD
Flnley;
Secretary, J. M. Ward; Treas-
urer, W. Barker.
PEORIA & PEKIN TERMINAL
WAY.- steam and electricity.
RAIL-
STOCK
&
BONDS—
as Peoria
Interest.
Date.
Stock, $5O0,000 (par $100)
1
30 0, gOld -"- C *
19(>0
5g. J-J
f
i
Outstand'g. Maturity.
$300,000
600,000
Tr
.lau.
1/30
1,
1('3>, and remaining $50,000 in varying amounts yearly from 1905 to
19-i9, inclusive; an additional $100,000 bonds can be issued to 80 per
cent of cost of future improvements. V. 70, p. 916.
Road— Entire line 29-5 miles of track; owned 15 miles; leases 95
miles and has rights over live miles of local street railway in Peoria
with privilege of transferring over 46 miles additional. Freight and
through passenger business handled by steam. Local passenger
business in and between Peori i, Pekin and Crescent by electricity.
The. company has union depots in both Peoria and Pekin.
Officers— President, T. J. Miller, Peoria; Vice-President, W. H.
Trumbull, Salem, Mass.; Treasurer, P. L Saltonstall. Boston; General
.Manager, L. K. Myers. Chicago; Trattio Manager, C. W. Cook of Peoria.
68, p, 673; V. 70, p. 946.
—V
PETERSBURG, VA.
in 1900 (ksti mated), $25,000; in 1890
22,680; and in 1880 was 21,656.
SOUTHSIDE RY. & DEVELOPMENT COOrganization— In Feb., 1899, the Piedmont Traction was purchased, together with the Virginia Traction Co. and the Upper Appomattox Co., by John L. Williams <fe Sons, of Bichmond, Va., and Middendorf, Oliver & Co., of Baltimore, Md., and the Southside By. <fe
Development o. was organized to take over the properties. V. 68, p. 430.
The same people also purchased the electric-light system in Petersburg and control the water power of the Appomatox Co.; also the
(.
Stock
river.
& Bonds—
Date.
Interest.
Stock, $5t/0,000 ($100)
Outstanding.
Maturity.
$500,000
1st iM. gold, $1,000,000)
1893 5 g.
600,000 Julyl.1949
(*1,000)
c* I Int. at Bichmond Tr. ASafe Dep. Co., trustee.
Bonds— Bonds can be called on 30 days' notice at 107 and interest
after Jan. I, 1 909, nut only enough of same to satisfy sinking fund.
Sinking fund payments begin July 1, 1909, 1 per cent paid" annually
o all bonds theretofore issued.
Road— Owns and operates 9 03 miles of road in Petersburg, laid with
MS
giruer and 7o-lb. T rails.
Officers— President, Aug. Wright;
(3)
CHICAGO & JOLIET BAPID TBAN8IT CO.
CHICAGO & DESPLAINES VALLEY ELECTBIC CO.
DESPLAINES VALLEY ELECTBIC BY. CO.
-
(
The American Bailways Co. owns the entire capital stock of these
companies, which is at present.nominal, merely coveringthe franchisesIn March, 1900, construction was commenced on the line covered by
these franchises, connecting the present terminal of the Joliet Bailroad in Lockport, 111., with the City of Chicago. Boad is expected to
be in operation as far as Lemont shortly, and the entire line not later
than Feb., 1901. A new corporation will be formed to consolidate
these properties under one head.
(4) PEOPLES STBEET BAILWAY (DAYTON).— A trolley road.
Acquired in 1899 by the American Bailways Co.
Organization— A. consolidation in June, 1896. Biverdale to Soldiers*
Home, l miles double track (old White Line), and on Wayne Ave.,
etc., 3'6 miles double track; total, 9*7 miles of double track.
Date. Interest. Outstanding.
Maturity.
Stock and Bonds—
$1,100,000
Stock. $1,100,000, $100..
1st mort.. $500,000, gold, ,1897 5gJ-J
450,000 Jan. 1, 1927
Tru8tee Union Sav. Bk. <fc Tr., Cincinnati, O.
)
J an 1 1902
OFFICERS— President, John A. McMahon, Dayton; 1st Vice-President, H. J. Crowley, Philadelphia; 2nd Vice President and General
Manager, George B. Kerper, Dayton; Secy, and Treas., C. L. S. Tingley,
Philadelphia; Asbt. Secy., Eugene Winchet, Dayton.— V. 62, p. 1140;
-
V. 69, p. 744.
was
Population
water power of said
(2) BBIDGETON BLECTBIC CO.
Acquired in 1899 by the American Bailways Co.
Organization— Supplies light and power in Bridgeton, N. J. Stock.
$25,000. Bonds were $25,000, but in June, 1900. these were retired
and a new bond i-sue of $250 000 was authorized to be pledged with
the trustee of the mortgage of the Bridgeton & Millville Tr action, but
none have been issued yet. This was done so as to bring the two properties (which are practically one) under the one mortgage.
i
{int. at U. S: Mort. &
{
at Royal Tru8t Co., Chicago, trustee.
BONDS— Of the $600,000 bonds issued, $550,000 are due Jan.
,
*l^i(VEoacn,
, o h
s
•TM.uuu
s.
miles; Bridgeton to Fairton, 3 l 4 in.; Bridgeton, local, 4^ m.; total,
about 33 miles. Extension, Fairton to Cedarville, 4-4 miles, completed
Will be extended eventually to Port Norri*, but not in
in May, 1899.
1900.
Earnings— Year ending Dec. 31, '99, gross, $52,813; net, $16,678;
dividends paid, $8,492.
OFFICERS— President, Jeremiah J. Sullivan: Vice-President, H. J.
Crowley; Secretary and Treasurer. C. L. S. Tingley.- V. 64, p. 331
567. 887; V. 68, p. 1179, 1223; V. 69, p. 439.
&
Pekin Traction Aug. 5,
1897, to build and operate a terminal system in and between Peoria
and Pekin. Leases from Chic. B. I. & Pao. the Peoria Terminal BB. for
SO years from December, 1897. In May, 1899, name changed to Peoria
<fe Pekin Terminal Bailway.
Organization— Incorporated
69
I)o-lb.
Seo. and Treas Chas. H. Davis,
both of Petersburg.— V. 67, p. 435, 1004; V. 68, p. 332, 430.
,
(5)
JOLIET BAI LEO AD.—Trolley.
in March, 1898, as successor, by
purchase in April, 1898, to Joliet By. (successor to Joliet Street By.,
sold in June, 1896), to which additional franchises were granted in
January, 1898. Population in 1897 (local census), 35,000. Extension
to Chicago contemplated, and in Jan., 1900, the American Bailways
Co. purchased the franchise of the Chicago & Desplaines BR. for that
purpose.
In June, 1900, 5,977 shares of the stock were owned by the American Bailways Co.
Organization—Incorporated
&
Date. Interest. Oulstand'g. Maturity.
BONDS—
STOCK
Stock, $600,000
$600,000
1889
6 M-N
75,000 May 2, 1904
JolietSt. By. 1st M. $75,000.
M-N
325.000 May 1, 1918
Joliet BE., 1st con. M., gold I 1898 5 g.
Portland
"(Maine)
Trust
each)...
Co:, trustee.
$500,000 ($1,000
5
Of the loan of 1898, $< 5,000 will be used to take up bonds due 1904.
Road— Operates 21 miles of track.
Earnings— For year ending April
30, 1899, gross earnings
were
$101,000.
—
H. J. Crowley;
Officers President, A. A. McLeod; Vice-Prest
Secy. & Treasurer, C. L. S. Tinglev, Gen. Man., F. E. Fisher.— V. 66, p.
954; V. 67, p. f3; V. 69, p. 794, 905.
,
SPBINGFIELD (OHIO) RAILWAY.—Trolley.
Practically all the stock has been acquired by the American Bailways Company, which also owns the entire issue of bonds, with practically all the incomes.
Dale. Interest. Outstanding. Maturity.
BONDS—
STOCK
$1,000,000
Stock (par $100)
500.000 Jan. 1.1933
1893
6 J-J
1st mort., $500,000, gold..
Interest at First Nat. Bank, Springfield, O.
5
95,000
»
2d M., income, $150,000
Interest on firsts was reduced temporarily in 1897 from 6 to 4 p. c.
(6)
PHILADELPHIA, PA.
Population 1890 was 1,046,964; in 1880 was 847,170
and in 1870 was 674,022.
THE AMERICAN RAILWAYS COMPANYOrganization— Incorporated under laws of New Jeisey in 1900 as
a consolidation of the former American Bailways Company and the
United States Eleotric By. ALlghtCo.. recently incorporated, which lat_
terliad only $1,000 of outstanding stock. Three shares of lull-paid.stock
were given for twenty shares of the old stock on which on y 15 per
cent had been paid. In this way stockholders are relieved of the liability to additional calls. The new company has the same authorized
stock as the old, namely, $25,000,000, but $21,250, jOO will remain in
the treasury.
Date.
Rate.
Stock, auth. $25,000,000.
shares $50
0<
Outstanding.
&
is now again 6.
Road— Owns in fee 26
but
u miles of track.
gross. $94,662; net. $46,646; int.,
$20,000; bal., $26,646. In 1897, gross, $77,280; net, $32,302.
OFFICERS— President, Oscar T. Martin; Vice-President. H. J. Crowley; Secretary and Treasurer. C. L. S. Tingley; Genl. Mgr., John H.
Miller.— V. 69, p. 439.
1
Earnings— Calendar year 1898,
FAIRMOUNT PARK TRANSPORTATION
formed
1896. Charter
Dividends.
—
$3,750,000
m PANIES OWNED AND CON TEOLLED.— BriOgeton
&
Millville
Traction. Bridgeton Electric Co., Chicago & Joliet Bapid Transit Co.,
Chicago &Desp aines Valley Electric Co., Desplaines Valley Electric
By. Co., Joliet Bailroad, People's Street Bailway (Dayton). SpringHeld Bailway (Ohio); also owns $500,000 of the stock of the Chicago
Union Traction.
Officers— President, A. A. McLood; Vice-President W. F. Harrity;
Secretary and Treasurer, C. L. S. Tingiev; Counsel, Silas W. Pettit;
General Manager, H. J. Crowley. General ollices. 13 Withorspoon
1321 Wauut St., Philadelphia.— V. 6^, p. 770, 821, 1223; V. 69,
439, 743, 794, 905; V. 70, p. 38 1, 893, 1048, 109 1.
in
Organization A New Jersey corporation
perpetual; license from Park Commission runs until July 24, 1939.
From Nov. 30 to May 1 operation is optional. Owns Woodside Park.
Boad opened Nov. 1896.
Maturity.
Date. Interest. Outstand'g.
Stock & Bonds—
$1,770,000
text.
Stock, $2,000,000 ($50)....
Sept. 1. '12
500.000
1897 5g. M-8
1st M., gold, $500,000, call
Trustee, tilrard L. Ins. a. & Tr.. Phila,
105 after Sept. 1, 1902,
c* As to bonds of 1897 see V, 65, 620.
($1,000)
100.000
189«
5
2d mortgage. $150.000
i9no
5 to be exchanged or2dmtg.
ridends— First dividend paid Dec. 1. 1897, - per cent. None since
New mortgage $850,000
7>i
l'.Uig.,
to
p.
East Park. 8-47 miles of track, and
crosses the Schuylkill River on a steel bridge. Bails are 90 lbs.
EARNINGS— Year ending Oct. 31. 1899. gross. $119.9. 5; net. $70,952;
$46,425; snip., $24,527.
Int., taxes, &o
Officers— President. Charles A. Porter; See. and Treas Ellsworth
H. Hults; Bullitt Building, Philadelphia. -V. 65, p. 620; V. 70. p. 6-6.
(1)
BBIDGETON & MILLVILLE TBACT10N.—Trolley.
Owned by
the American Bailways Co.
ORGANIZATION— Successor May 3, 1897, to the South Jersey Traction
Co., sold in foreclosure for $90,000. Company owns two toll roads
besides the trolley road. The population of Bridgeton by the 1890
State Census was 1 3.292. Stock authorized, $500,000; issued $200,000.
.
Bonds authorized, $500,000; none issued.
Bridgetou to Millville, 10
November, 1899.
ROAD— Traverses West Park and
,
,
PHILADELPHIA
&
TRACTION-A trolley road.
WEST CHESTER
STREET RAILWAYS.
70
Organization—Chartered in 1895. This company, in Oct., 1898,
absorbed the Delaware County Passenger Railroad and the Philadelphia Castle Rock & West Chester Passenger Railway Co.; also purchased the majority of the stock of the Philadelphia & Lancaster
Turnpike Road Co., and line to West Chester was completed in
Dec, 1898.—V. 60, p. 837. Stockholders voted Sept. 5, 1899, to increase Stock from $400,000 to $1.0CO,000.—V. 69, p. 132.
STOCK
&
BONDS—
Date.
Outstand'g.
Interest.
Stock, par $50 (*1,000,000)
Maturity.
$490,700
390 000 oct
^wSSS&StiJSk
1898 5 * J -J
*• 1918
Interest at Girard Life Ins. Ann. & Tr. Co., Phila., trustee.
ROAD— Operates 20 miles from Philadelphia to West Chester.
leases Phil.
West Chester Turnpike Road Co. for 99v* years from
1895. President, A Merritt Taylor, 700 West End Building, Philadelphia; Secretary and Treasurer, C. Russell Hinohman, office, 902
'
«\i
Provident Building, Philadelphia.— V. 60, p. 837; V. 67, p. 30, 1309;
V. 69, p. 132.
RAILWAYS COMPANY GENERALOrqanization.— Incorporated at Trenton, N. J., in August, 1899,
and is empowered to build, lease, sell, purchase and operate street
railways, electric light, gas, illuminating plants and water works, and
also to acquire or dispose of the securities of the same. In October,
1899, purchased the Montoursville Passenger Ry. of 5 miles, the
Milton Lewisburg & Watsontown Electric Ry. of 13 miles (each embracing an electric light plant), and the Philadelphia & Bristol Passenger Ry. (V. 69, p. 907-1013). In November, 189 >, purchased a
majority of the capital stock of the Michigan Traction Co. In 1900
acquired 51 percent of the stock of the Elmira & Seneca Lake; also
$200,000 bonds and $40 000 stock of the Newtown Electric Street
Railway. Likewise controls the American Engineering Co. Stock,
authorized $10,000,000, shares $5; issued $1,500,000, viz. 300,000
shares. No bonds. Admitted in September to the unlisted department of the Philadelphia Stock Exchange.
:
Officers—President, L. N. Downs; Vice-Prest., J. B. MacAfee; Sec.
and Treas., Taylor Faunce; Gen. Supt., D. A. Hegarty.
Directors.— L. N. Downs, Robert I. McKinstry, W. W. Gibbs, Dr. J.
H. W. Chestnut, 8. B. "Vrooman, Edwin S. Cramp, John Blair MacAfee, Edwin F. Glenn and George S.Graham. Main office: Harrison
Building, 15th and Chestnut streets, Philadelphia.— V. 69, p. 591, 907,
1013, 1104: V. 70, p. 1049.
MICHIGAN TRACTION
(1)
KALAMAZOO & BATTLE
OF
CREEK—Trolley.
Organization— A consolidation in 1897 of the Citizens' Street Ry.
of Kalamazoo and the Citizens' St. Ry. of Battle Creek. In Nov., 1899,
the Railways Company General of Philadelphia purchased $400,000 of
the $500,000 stock of the company. It also owns all the bonds.
Date. Interest. Outstand'g. Maturity.
Stock $500,000
$500,000
New mort., $600,000 ($1,000)
600,000
1927
ROAD— Has completed an interurban line of 28 miles between Kalamazoo and Battle Creek, which was formally opened on May 29, 1900,
with an extension of 3 miles to Gull Lake, giving altogether for the
entire system 49 miles.
OFFICERS— President, L. N. Downs, Kalamazoo; Vice-President, John
Blair MacAfee, Philadelphia; Secretarv, Dee Allen, Battle Creek;
Ass't Sec. andTreas., Taylor Faunce, Harrison Bldg., Philadelphia, Pa.
—V.
66, p. 857; V. 69, p. 1013, 1104; V. 70, p. 1049.
(2)
PHILADELPHIA & BRISTOL PASSENGER RAILWAY-
ORGANIZATION' Chartered January
STOCK
&
Bonds—
Stock (par $50)
1st M., $250,000
Date.
g. ($1,000). c*
3,
1896.
Interest.
1896 5
g.
J-D
Outstand'g.
$475,000
250,000
Jan. 15, '26
AMERICAN ENGINEERING CO.—
,
ELMIRA & SENECA LAKE RY.—A
UNION TRACTION.—A trolley road.
Organization -Chartered September
13, 1895, and acquired practically all the shares of the Electrio Traction and People's Traction Companies in place of which were issued collateral trust certificates
secured by the shares placed in trust.
In 1896 leased these
properties for 998 years and 3 months from July 1, 1896.
Has
also leased the Philadelphia Traction at 8 per cent on its capital stock
and has "assumed" its 4 percent collateral trust bonds. V. 6* p 663.
Leases (from Jan. 1, 1898),Hestonville Mantua & Fairmount Passenger Ry. for 999 years at 6 p. c. on preferred and 4 p. c. on common
stock— see V. 66, p. 236. These companies include all the leading
street passenger railway lines within the city of Philadelphia. See
terms of consolidation, etc., in statements for the constituent companies and V. 61, p. 152, 197, 283, 663.
Int. or
OutMaturity or
last dividend.
Stock Bonds— Date. Dividends. standing.
Stock, $30,000,000,
599,947 shares
par $50
$17-50 paid in.
Trust Co. certificates
1895 4g,A-0
29,724,876 red. aft. Oct. 1, '45
gold, guar. p. & i. Interest at Pa. Co. for Ins. on Lives & Granting
by Union Tr.
Annuities, trustee.
STOCK—The stock authorized is $30,000,000; par, $50. Issued 599,
947 shares, on whioh the first instalment of $5 per share was due the
31st of October, 1895, a second instalment of $5 per share was payable
Mar. 2, 1896, $2*50 per share on March 1, 1897, and $5 was called on
Nov. 16, 1898. V. 67, p. 635.
The loan of $2,400,000 for purchase of Hestonville road was paid oft
in Nov., 1898, from proceeds of fourth instalment ($5) called on stock
of Union Traction Co.
Trust Certificates—The trust certificates are not the direct obligations of th« Union Traotion Co., but were issued by the Pa.
Co. for Ins. on Lives & Granting Annuities to pay for the shares of
the Electrio and People's Traction companies purchased and are
secured by a deposit with the Trust Co. of all the shares of the stock
of the Electric Traction Company and the People's Traction Com
pany thus acquired. See description of certificates in V. 64, p. 135.
They are guaranteed, principal and interest, by the Union Traction Co.
and are redeemable at the option of that Co. on ami after Oct. 1. 1945.
Under terms of lease the bonded debt of both Hestonville M. & F.
Pass. Ry. and Fairmount Park & Haddington companies was as-
&
sumed.— V.
66, p. 230.
Road— On June 30, 1899,
Annual Report— Fiscal
operated 331 miles of road, 440 miles of
year ends Jane 30. Annual report for
1898-99 was given in V. 69, p. 643. Statement for 1897-98, including
Hestonville earnings since Jan. 1, 1898, with balance sheet, was in V.
67, p. 734.
1897-98.
1896-97.
$11,793,858
4,793,366
238,939,353
$10,860,542
4,456,375
228,102,758
$10,381,015
4,949,850
$7,000,492
Net earnings
242,408
Other income, interest, etc.
$6,404,167
110,895
$5,431,164
99,630
Total net income
Taxes and licenses
Fixedcharges
$6,515,062
894,737
5,595,704
$5,530,795
913,389
5,469,340
1898-99.
No. passengers carried.... 259,527,668
Gross earnings
Operating expenses
$7,242,900
991,101
5,631,726
def.$851,934
$24,620
$617,073
8urplus
Operating expenses, including licenses and taxes, were 4905 per
cent of gross income in 1898-99, contrasting with 49-27 per cent in
1897-98.
During 1898-99 $3,154,047 was spent on capital accounts, of which
$595,205 was for construction work (including amount on leased
lines), $2,387,520 for stocks of underlying companies, $111,655 advanced to leased roads and balance miscellaneous.
OFFICERS— President, John B. Parsons 1st Vice-President, Geo. D.
Widener; 2nd Vice Prest.. Charles O. KrugeT; Secretary and Treasurer,
Robert B. Selfridge; Assistant-Secretary and Treasurer, Alex. Rennick.
DIRECTORS (Sept., 1899)— George W. Elkins, John B. Parsons.William
H. Shelmardine, P. A. B. Widener, William L. Elkins, Thomas Dolan,
George D. Widener, James MoManes, Jeremiah J. Sullivan, Alfred
Smith, Alex. M. Fox and Alex. Balfour.— V. 66, p. 1142; V. 67, p. 175.
635, 691, 734; V. 68, p. 332; V. 69, p. 182,284, 643; V. 70, p. 431, 1150.
Lines Controlled by Union Traction fo.
;
Capital stock of $200,000, half preferred, half common. In 1899
built and equipped 95 miles of inter urban street railway. Contracts
for 1900 are said to ensure an even larger mileage.
OFFICERS— President. L. N. Downs; Vice-President, Jno. Blair MacAfee: Sec. and Treas Taylor Faunce; Gen. Supt., D. A. Hegarty. Office
Harrison Building, Philadelphia.
(4)
&
Maturity.
Interest at Security Trust Co., Philadelphia, trustee.
Road— Philadelphia to Croydon Station, 7 miles, opened in April,
1897.
Earnings.—Year ending June 30, 1899, gross, $9,705; deficit, $273.
—V. 63, p. 230; V. 69, p. 1013.
(3)
southern and southwestern portions of the city. In Feb., 1900,
15 miles completed and in operation,
Date.
Interest.
Outstand'g.
STOCK
Maturity.
BONDS—
Stock ($450,000)
$450,(00
1st mortgage, $450,000, < 1898
5g. A-O
1920
400,000
gold
\ W. EndTr. <fe Safe Dep. Co., Phila., trustee.
Of the 1st 5s $50,000 are retained to guarantee the interest for 18
months. Pres., E. A. Tennis; Treas., U. H. Hapsenplug.— V. 67, p. 1056.
In the
trolley road.
Organization— In 1900 the Railways Company General of Philadelphia purchased 51 per cent of the capital stock and the full issue
(1)
CATHARINE & BAINBRIDGE STREETS RY—A
trolley road.
Organization— Incorporated May 14, 1889, and leased to the Philaof bonds ($300,000).
delphia Traction March 1, 1890, for 99 years, and since Oct. 1, 1895.
Date. Interest. Outstanding. Maturity.
operated by the Union Traction Company; in Sept., 1895, term of
Stock & Bonds—
Stock, $300,000 ($100)
$300,000
lease was increased from 99 to 999 years and stock from $150,000 to
1st mortgage, $300,000 ... < 1899
5
300.000
Nov. 1, '29
$400,000 (all owned by Union Traction Co.); rental is $24,000 yearly,
Phila., Trustee.
\ American Trust Co
Road— Owns 17 miles of road, running from Horseheads to Watkins besides interest and taxes.
Maturity.
Miles. Date. Interest. Outst'd'g.
via Millport and Montour Falls, to Seneca Lake. Full line completed
STOCK & BONDS—
See text.
6%M-S $400,000
and put in operation on May 19, 1900. The company has a traffic con- Stock, par $50
lstM.$150,000($l,000)o .... 1890 5 x A-0 150,000 Apr. 1, 1920
tract over five miles of road, connecting Horseheads and Elmira with
234,698
Due lessee July, 1899
the Elmira & Horseheads Ry. Total, 22 miles.
Infest at Land. T. & T. Co., trustee, Penn. Co. for Insur. of Lives, etc
Officers— President, Jno. E. Mulford: Vice-President, Jno. B. MacDividends—Dividends of 6 per cent are paid.
Afee; Secretary and Treasurer, C L Hathaway.
ROAD—The road aggregates 11-36 miles of track.
(5) NEWTOWN ELECTRIC ST. RAILWAY.— A trolley road.
(2) CITIZENS PASSENGER RAILWAYOrganization— Chartered Dee. 17, 1896. In 1898 leased the NewORGANIZATION— Incorporated March 25, 1858. Leased to Frankford
town Langhorn & Bristol St. Ry., chartered in 1895. The Railways
Southwark Passenger Railway Company April 1, 1892, for 999
&
this
control
road,
but
in
1900 purchased
Company General does not
rental now $140,000 per annum, equal to 28 per cent on stock,,
years;
$200,000 of the total $300,000 bonds and $40,000 (par value) of its
per
or
$50 share. This lease was assumed by the Electric Traction
$14
stock.
July
Company
1, 1893. The Union Traction now operates the road.
Date. Interest. Outstanding. Maturity.
STOCK & BONDS—
Maturity
300,000
Stock.auth., $300,000 ($100)
STOCK & BONDS— Miles. Dale. Interest. Outstand'g.
Seetext.
28%Q-J See text.
11
Stock $500,000 ($50).
1928
l8
ga
$300 000 Tnl at R^ fl Est. Title Tn°s, & Trust Co.
\
Stock paid in $192,500; $20 on 8,500 shares and $16 on 1,500
f&
,*ui !EEf goia
($i,oou),
^Philadelphia, Trustee.
shares. Road, Columbia Avenue to Minim St., 11 miles of track.
Road—Owns and operates 13 miles of track.
road.
(3) CONTINENTAL PASSENGER RAILWAY -A trolley
OFFICERS— President, T. P. Chambers; Secretary, Geo. C. Worstall;
Jan.
Leased
1, 1880. to
1873.
incorporated
Sept.
3,
Keener.
Supt.,
W.
Organization—
J.
Treas. & Gen. Man., A. Chambers;
Union Passenger Railway Company for 99 years at rental of $6 pe»
share per annum, interest, taxes and operating expenses; lease assigned
to Philadelphia Traction Company June 30, 1884. Operated by Union
run
To
from
Moyamensmg
A trolley road. Chartered in April, 1898.
Traction Company since October 1, 1895. Stocks owned, per balance
Avenue to the county line at Bow Creek, making accessible districts sheet July 1, 1899, $600,000.
,
'
SOUTHWESTERN TRACTION RAILWAY-
STREET RAILWAYS.
STOCK
&
BONDS—
$G J
-
J
Maturity.
Outstand'g.
Miles. Date. Interest.
Stock, par $50
j
gjJSJiSa
\
\
See text
July 1, 1 909
-
1879 6% J - J
$290,000
1st mortgage, ($500 J
c. > Interest at Land, T. <fc X. Co., Philadelphia, Pa.
and $1,000)
Due lessee for additions July 1, 1899, $672,260.
Bonds are subject to drawings of $20,000 Dec, 1, yearly. Trustee
Land Title & Trust Co. Own 10-07 miles of track.
'
1893, and acquired control of
the Citizens' Passenger Ry.,the Frankford & South wark Passenger Ry.
and the Second & Third Street Passenger Ry.
In 1895 the Union Traction Company purchased practically all the
stock at the rate of $85 per share for eacli share on which $50 had
been paid and $70 per share for each share on which $150 had been
paid, the Pennsylvania Co. for Insurance on Lives it Granting Annuities issuing therefor its guaranteed trust certificates.
On July 1.
1896, the Union Traction Co. leased the property for 998 years and 3
months. See V. 61, p. 197, and also "Union Traction."
Dividends.
Issued.
Outstand'g.
BONDS— Par.
STOCK
8tock (part $30 pd.) $50
$8,297,920
8,
&
Funded debt
7
282,100
282,100
Stock authorized, 175,000 shares of $50 each; issued, 152,396 shares
Of $50 paid and $22,604 shares of $30 paid, making total $8,297,920.
ROAD—On June 30, 1899, operated 120-92 miles of track. Rail 90 lbs.
63, p. 557-
EMPIRE PASSENGER RAILWAY— A trolley road.
(5)
Organization— Incorporated Feb. 10, 1869. Leased Deo. 26, 1873,
Go Citizens' Passenger Railway Company and the Seventeenth and
Nineteenth Street Passenger Railway Company for 999 years. Transferred Oct. 1, 1895, along with ail right to dividends on 6,100 shares
Of its stock [then held by the Union Passenger Railway Co. as trustee
and lessee], by lease of Philadelphia Traction to the Union Traction Co.
Miles. Date. Interest. Outst'n'g.
STOCK & BONDS—
Maturity
8took,par$50
(All own. by Un. Tr.) $600,000
1900 31**-'1930
200,000
*
IstM fecold
u
'
\
Land
Title
&
Tr'stCo.. Philadelphia, Trustee.
Bonds— The new 3^8 were issued to retire alike amount
July, 1900.
Due lessee Co. for additions July 1, 1899, $705,715.
Road— Owns 10-25 miles of track.— V. 70, p. 1150.
of 7s,
due
ORGANIZATION— Incorporated April
4, 1854. Acquired stock of Lombard <r South Streets Passenger Railway in 1890 and secured control of
the Lehigh Ave. Railway in 1893. Leased to the Electric Traction Co
for 999 years from July 1, 1893, dividends for the several years named
below being guaranteed per share
1st
2d
3d
4th
5th
6th
7th 8th 9th 10th <fe after.
$12 $12 50 $13 $13 50 $14 $14 50 $15 $16 $17
$18
&
Miles. Date. Interest. Outstand'g. Lastdiv.,etc.
STOCK
BONDS—
Stock, par$50
45
Q-J $1,875,000
See text.
Debt of Controlled Lines (assumed by Electric Traction Co.):
Lombard & South St. C 10 1881 5x J-D
150,000 Dee. 1, 1901
Pass. lstM.,($500 &\
Suhjecttocall since Dec. 1, 1886
$1 ,000)
c C Mtge. trustee, R. Est. Title Ins. & Tr. Co. Phila.
West End Pass'gr Ry., J
9
1875 7A-0
132,100 Oct. 1, 1905
M. ($100 & $500... c ? Mortgage trustee, Phila. Trust S. D. & Ins. Co.
Interest on all loans payable by Elec. Tr. Co., 421 Chestnut St., Phila.
ROAD— Controls 45 miles of track, acquired as follows
,
Frankford
<fe
Southwark Passsenger Railway
20 miles.
Lombard & South Streets Passenger Railway
Lehigh Avenue Railway
19 miles.
6 miles.
GERMANTOWN PASSENGER RAILWAY.— A trolley road.
(7)
Organization— Incorporated April
Leased Oct. 1, 1881.
to the People's Passenger Railwav
999 years, but rental
modified in 1893 stock after 1897 receives dividends yearly of $5 25
per share.
21, 1858.
Company for
Stock
&
BONDS—
Par.
Date.
Int'st.
$50
500
Q-J
Outsand'g.
See text.
Maturity,
See text.
r
1864 5 J-D
June 1, 1904
$67,500
Fairm'nt Pk. & Del. f Interest is subject to deduction of State tax and
RiverPass.Ry.M.r]
is payable at Guarantee Trust & Safe Deposit
L
Co. of Philadelphia, Trustee.
The $160,000 5 per cent mortgage of the Germantown Pass. Ry.
was paid on Oct. 1, »899.—V. 69. p. 695.
Stock— Paid in $572,800; $15 per share on 20,000 shares and $35
per share on 10,000 shares.
ROAD—Owns 31 miles of track. Extension of 2,000 feet from Hillcrest Avenue to city line completed in September, 1898, forms, with
the Roxborough Chestnut Hill & Norristown Passenger Ry. a through
line to
(8)
Norristown.— V. 69,
p.
695.
GREEN & COATES STREETS PHILA. PASSENGER RY.—
Organization—Incorporated April
21, 1858.
Leased to People's
Passenger Railway for 999 years from Sept. 1, 1881, at an annual
rental of $60,000, interest on bonds, and expense of management.
STOCK
&
BONDS—
Maturity.
00 8118 1 8e,etext.
Stock, par $50
$6
Q
J
\ ^V?
,,
T
H
$15pdin.
3%
_.
1
S
There was a mortgage for $100,000 which fell due July 15, 1898.
Mortgage trustee, Fidelity Insurance Trust & Safe Deposit Company.
Dividends are 12 p. c. per annum (Q.- J.) Owns 7 miles of road.
Miles. Date.
Intere
Outstand'g.
-
(9)
HESTONVILLE MANTUA & FAIRMOUNT
ORGANIZATION—Incorporated April
PASS.
RE-
1859. Franchise is perpetualLEASE— HestonvllleM. & F. road leased from Jan. 1, 1898, to Union
Traction for 999 years at a rental of 6 per cent on the preferred and 4
per cent on the common stock. By the terms of the lease the Fairmount Park & Haddington lease is assigned to the Union Traction
which assumes the dividends guaranteed on that stock (all owned by
Hostonville Co). The Union Traction assumes the bonded debt of
both the Hestonville and Haddington companies and purchased 4,780
shares of the preferred and 35,294 of the common Hestonville stock,
the common at $45 per $50 share.— V. 66, p. 236. "Loans'* June 30,
1899, $1,000,000.
STOCK
„
Common
&
BONDS—
6,
Dale. Interest. Outstanding.
stock, par $50
Preferred stock, par $50
Fairmount Pass Ry. 1st...
4 J-J
6 J- J
$1,966,100 f. p.
533,900f.p.
1861 6 J-J
124,500
75,000
Hest.
H „ Man.
AO ,ii. «,
& rF. 2d
^u iu.cx
ex \ 1882 6 " s
interest at Guarantee Trust
j
Consol. M., $1,250,000 1894 5gM-N
1,050,500
g., $500 & $1,000. o*x I Trustee, Girard Life Ins. An. &
Guaranteed rental 999 year lease—
M
M
1
^S^Sr^KafilSj
--<*F-A
300,000
<fe
SOUTH STREET PASSENGER RAILWAY.—
PASSENGER RAILWAY.—An electric road.
(10) PEOPLE'S
ORGANIZATION— Of the
capital stock the People's Traction has acquired 56,122 shares of common and all the 23,000 shares of preferred.
Leased July 1, 1896, to Union Traction Co. at 10 per cent per annum
on capital stock ($2-50 per share) as below shown, nearly all of which
is pledged for People's Traction Co. trust certificates.
Outstauil'y.
Maturity.
BONDS.— Dale. Interest.
STOCK
Common stock $25
10%M-S31 a60,000shs.
See text.
Preferred stock $25
10%M-S31 a23,000 shs.
See text.
1875 7J.-J.15
1st mortgage
c
250,000 Jan. 15,1905
1881 5 J.-J.15
458,000 July 15, 1911
c
2d mortgage
367,000 Mar. 1,1912
Con. M. $1,125,000... > 1882 5 M.-S.
c<fcr \ Trustee Guarantee Trust & Safe Deposit Co.
$1,000
&
a Total stock paid in $924,056.
All interest at the office of the Real Estate Title & Tr. Co. Due People's
Traction Co. July 1, 1899, for construction and equipment, $5,538,^95.
The stock acquired by the People's Traction Co. was pledged as
secuiity for trust certificates. See People's Traction.
Road—Company operates 83-66 miles of track, of which 6-4 miles
owned and 77-26 miles leased and operated.— V. 61, p. 469 V.63,p. jj7.
;
TRACTION—An electric road.
(11) PEOPLE'S
ORGANIZATION—A Pennsylvania corporation, chartered In March,
1893, to operate and equip with trolley the People's Passenger Ry.,
nearly the entire capital stock of whieh it purchased. In Oct., 1895, the
Union Traction Company acquired practically all Traction stock at $76
per share, the Pa. Co. for Ins. on Lives & Granting Annuities issuing
therefor its guaranteed trust certificates. On July 1, 1896, the Union
Traction also leased the road for 998 years and three months. (See
Maturity
See text."
See text
July 1, 1901
Mar. 1. 1902
Co., Phila.
Mav 1,1924
Tr. Co.
See text.
Supplement.)
Dividends.
„. t „ v+
a
see
text.
Issued.
Maturity.
200,000 shs. )
(See text.)
\
{ $ 30 paid in. <
Trust certs., gold,)
4 g. F.-A. abt. $5,807,970 Feb. 1, 1943
1893,wo/ subje't > Interest, tax free, payable at Penn. Co. for Insurances on Lives, etc., trustee.
to call, $1,000 3
Trust certificates were issued by Pa. Co. for Ins., etc., and are secured by pledge of People's Passenger Ry. stock (see that company
above), and by contract of People's Traction Co., which guarantees
principal and Interest. Issue limited to $1,000 for 14 2 7 shares deposited, making total authorized $5,810,000.
Sinking fund $25,000
yearly, beginning Feb. 1, 1903.
To distribute surplus from past operations, in August, 1896, was declared a dividend of 4*2 per cent per annum.
(12)
C
PHILADELPHIA CITY PASSENGER RY.—A trolley road.
Organization— Incorporated April 9, 1859. Leased to West Philadelphia Passenger Railway Company for 900 years from Jan. 1, 1884,
for interest on bonds, $2,500 per year for organization and dividend of
$7 50 per share. Transferred under lease of Philadelphia Traction Co.
Oct.
1,
1895, to the Union Traction Co.
BONDS— Par. Date. Interest
STOCK
&
$50
500
8tock, $1,000,000.
lstmort., ext'd..c.
Debentures
Road— Owns
;
STOCK
LOMBARD
See Frankford & Southwark Passenger Railway.
"Union Traction" Co.. this
Date.
Stock, Etc.—
Capital stock $30 )
FRANKFORD & SOUTHWARK PASSENGER RAILWAY-
(6)
;
;
(!)!)
Organization— incorporated May
-V.
payable in Philadelphia, x Free of tax.
stock authorized, 39,322 <!wn-preferred, 10,678 shares
par value of each, $50 f-tock outstanding a> in table.
Consolidated mortgage for $1,250,000!
n 1-91, of which
sufficient reserved for prior liens when due. and remainder, as also preferred stock, sold to meet expense of electrical equipment.
ROAD— June 30, 1899, road owned 17-83 miles of track in Philadelphia; leased and operated 6-25 miles; total, 24-08 miles.
interest is
Common
electric traction-
(4)
71
(13)
r.
Outstand'g.
$7*2 J-J
1861
500,&c
5% J-J
5%M-S
5
(
20,000 shs.,
$23 75 paid
$200,000
100,000
Maturity.
See text.
Jan.
Mar.
1,
1,
1910
1925
11-7 miles of track.
PHILADELPHIA & DARBY RAILWAY—A trolley road.
Organization—Incorporated May 2, 1881. Leased to the Philadelphia City Passenger Railway Company for 999 years from Jan. 1, 1870.
for $8,000 per annum and interest on bonds. Transferred under lease
of Philadelphia Traction Co. Oct. 1, 1895, to Union Traction Co.
Miles. Date. Interest. Outstand'g. Maturity.
BONDS—
STOCK
4 J-J
Stock, par $50
$200,000
See text.
4 "N
100,000 May 1, 1927
Istmortzaee
c$
ist mortgage
c
£ interest at Land, T. & T. Co.. Philadelphia, Pa.
ROAD— Owns 14-80 miles track.
&
M
PHILADELPHIA & GRAY'S FERRY PASS. RY.—Trolley.
Organization— Leased to Philadelphia Traction Co. for 999 years,
(14)
from Jan.
1, 1891, at rental lst five years, $43,225, or $3 50 per share
per annum, and $49,400, or $4 per share per annum thereafter, the
lessee to pay all taxes, running expenses, etc Operated by Union
Traction Company since October 1, 1895.
Mis. Date.
Outstand'g.
Int.
Last Div., etc.
BONDS
STOCK
Stock, par $50
8ee text
$4 J-J j ^v'ti^pd. \
Dividends at Real Estate Title Ins & Tr. Co. Owns 10 miles of track
&
—
-
(15)
PHILADELPHIA TRACTION— A
Organization— Incorporated August
trolley road.
21, 1883,
and secured control
an extensive system of roads in Philadelphia, Pa. (about 210 miles
of track), which it held either by lease or ownership of securities,
not in fee.
Under the lease to the Union Traction Company dated
Ootober 1, 1895, all the leases and the securities owned were assigned
to the Union Company, which assumes all liabilities for rentals, etc.
Consoli Dation—The lease to Union Traction Co. is for 999 years from
Oct., 1895. The lease provides for dividends of $4 (8 p. c.) per annum
on each $50 share, payable in gold coin, free of taxes. The collateral
trust 4s are " assumed" by the Union Traction. See V. 61, p. 663, for
extracts from lease. Philadelphia Traction stockholders were allowed
to subscribe for new Union Traction stock. See V. 61, p. 197, and also
Union Traction " Co. this Supplement
of
'
&
Outstanding.
Maturity.
Interest.
Date.
STOCK
BONDS—
Capital stock (par $50)
$20,000,000
iext.
A.-O.
8
Col. trust gold bonds (
900,000 Aug.15,1917
1887 4 g. F.-A. 15
Sub. to call at 105c* ) Interest, free of tax. payable at Land T.A T.Co.
Trustee, Penn. Co. for insurance on Lives.
$3,910."
Open accts. July 1, '99
The bonds are secured by deposit of W. Philadelphia and Union Passenger Ry. stock. Loan "originally $1,300,000. reduced to present
figures by sinkicg fund drawings at 105 (about $35,000 a year). These
bonds and floating debt are "assumed" by the Union Traction Co.
onder the lease.
RAILWAYS.
STREET
72
(23654
Dividends— ? 1885, '86, "87, *88, '89. '90 to '93, '94, 9.V '96, and since,
8 p. o. per an
6
8 (?)
Percent
Under lease dividends of 8 p. o. are guaranteed. V. 61, p. 663.
Stock—The total authorized stock is $30,000,000.
Road— The system now assigned to the Union Traction Oo. aggregated 210 miles, consisting of the following " Passenger Railways
J/7/ rs
Mites.
Union Passenger Ry
West Phila. Pass. Ry
Ridge Ave. Pass. Ry
Phila. A Darby Pass. Ry
13th
52
27*25
-
'
15*25
14-80
13-10
10-20
9*80
&
15th Streets
Phila. & Grav's Ferry
Continental Pass. Ry
9-45
8*84
Pliila.Citv Pass. Ky
17th & 19th Streets
22d & Allegheny
Morris & Taster
Catharine* Bainbridge
Other lines
825
sts.
7*30
5-10
18-86
21000
Empire Pass. Ry
980
Officers— President, Oeorge D. Wldener; Vice-Presidents, W.
Elkins and J. B. Parsons; Secy, and Treas., Alex. Rennick.-V. 63,
311. SS7i V. 65, p. 514; V. 70, p. 280.
Total of all
L.
p.
RIDGE AVENUE PASSENGER RAILWAY.
(16)
Organization—Consolidation
and the Ridge Avenue
>«
of Girard College Passenger
Railway
Manavunk Passenger Railway on March
8,
Leased to the Philadelphia Traction Co. for 999 years from
Kept 1,1892, for Mividend of $10 per share per annum to September,
1895. and $12 per share thereafter. Operated by Union Traction
Oompanj since October 1, 1895.
H72.
STOCK
&
BONDS— Miles.
Stock, $750,000
Par $50
Date.
<biq
n_i
$12
Q-J
v
*
I
Lastdiv.,ek-
Outstand'g.
Interest.
5
15,000 shrs.
see text.
}
$28 paid.
On account of some old debts dividends for 1896 were continued
at $10 per share instead of the $12 as noted above. In 1897 dividends
were increased to $12 per share. Owns 15-25 miles of track.
(17)
S
I
SECOND & THIRD STREET PASSENGER RAILWAY-
ORGANIZATION— Incorporated April 10, 1853. Leased Oct. 1, 1893
to the Prankford
Southwark Passenger Railway Company for 999
«fc
years for the following guaranteed dividends per share per annum
1893.
1894-95.
1902 & aft.
1896-97.
1898-99.
1900.
1901.
$12
$8 50
See below.
$10
$11
$9
$10 50
Dividends in 1896 and 1897 were to be $9 50 per annum, but the
dividend for 1896 and for the first half of 1897 was at ihe rate of $9
per share instead of $9 50, the balance being applied to the payment
of the debt of $27,000 incurred for paving.— V. 62, p. 785.
This lease was assumed by Electric Traction Co. July 1, 1893.
Outstand'g.
Last div etc.
Stock
BONDS— Date. Interest.
St C
Ue d
2 °4
in.
pd.
Text
Q-J
See text.
$771,076
;IVn
s°h
n a $50... \
shares;
par
&
^
(18)
,
$
SEVENTEENTH & NINETEENTH
STS.
PASSENGER RY.
Leased to the Conti'
nental Passenger Railway Co. for 99 years from July 1, 1879, atrenta 1
of $15,000 per annum, being 3 per cent on 10,000 shares (of $50 par)
stock, interest on bonds, taxes, expenses, etc. Transferred under lease
of Philadelphia Traction Co., October 1, 1895, to the Union Traction
Company; all rights of the Philadelphia Traction Co. to dividends on
tbe 10,000 shares of the 17th & 19th Streets road, which were then
held by the Union Passenger Railwav Co. as trustee and lessee, being
also transferred to the Union Company. Stock all owned by Union
Organization— Incorporated April
12, 1859.
Traction Co.
&
STOCK
BONDS—
Mis. Date.
Int.
3% J-J
Stock, par $50
M. ($500)... c)
....
1876 5%J-J
Extended
Interest at Land, T. &
Outstand'g.
Maturity.
^S^paldf"
See text.
July 1,1919
^
(,
}
$100,000
1st
T. Co., Philadelphia, Pa.
Due lessee for additions July 1, 1899, $554,289.
ROAD— Owns 884 miles of track.
THIRTEENTH & FIFTEENTH STS. PASS. RY.—A trolley road.
ORGANIZATION—Incorporated April 8, 1858. Leased Jan. 1, 1892, to
Philadelphia Traction Company for following rental: From January,
1892, to January, 1894, $9 per share per annum; 1894 to Jan., 1897,
$10 per share; 1897 to Jan., 1900, $11 per share, and from Jan., 1900,
$12 per share. Lease transferred to Union Traction October 1, 1895.
STOCK & BONDS— Miles. Date. Interest. Outstand'g. Maturity,
s.
Stock,par$50
$11 J-J *
*$16 75 pd.*5 See text%
(19)
1st M. ($500)
o
1876 7% A-O
$100,000
Oct. 1, 1903
Consols ($500,000).)
.
, 0/ T T
1Bq
1Hy
J_J
$400,000
Jan.
°%
1, 1934
*
{
guar. p. <fei
c.
Real estate mtges
90.000
Dividend in July, 1895, $5 ner share the January, 1896, dividend
was not paid owing to payment of city's claim for paving. V. 61, p.
1155. In July, 1896, paid $4 per share; in 1897, JaD., $5 per share in
full for last half of 1896; July, $5 50 per share; in 1898, Jan., $5 50;
July, $5 50
in 1899, Jan., $5 50 July, $5 50
in 1900, Jan., $5 50;
July. $6.
Interest and dividends are payable at office of the Fidelity Insuranoe
Trust
Safe Deposit Co., the trustee of both mortgages.
The consols are guaranteed principal and interest by the Philadelphia Traction Company, and the coupons are payable tax free.
Road— Owns 15 miles of track. Extension to League Islandoperated
from March 13, 1898. See Union Traction report in V. 67, p. 734.—
;
;
;
;
&
(20)
UNION PASSENGER RAILWAY— A cable and horse road.
Organization— Incorporated April
8. 1864. Leased to Philadelphia
999 years from June 30, 1884, at an annual
rental of $285,000, or $9 50 per share on stock, and interest, taxes, etc,
Company
Traction
for
Continental
Traction Co. and since Oct.
Its lease of the
Company was assigned to the
Philadelphia
1895, operated by the Union Traction Co.
The Union Passenger Railway Co. it is believed, is still holding as
lessee and trustee 6,100 shares Empire Passenger Railway stock and
10,000 shares of 17th & 19th Streets Passenger Railway.
STOCK
BONDS— Miles. Date. Interest. Outstanding. Maturity.
1,
&
Stock,par$50
} *jij°
See text.
30 Paid in
Dividends paid at 423 Walnut St
\$
1st mortgage ($100 >
18815xA-0 $500,000 Mar.31,1911
and $500)
o. $
$20,000 redeemable yearly.
Trustee. Penn. Co. for Insurances on Lives.
2d mortgage ($100 >
1884 5x A-O
250,000
Mar.31,1910
and $500)
c. > Int. on both loans at Land, T. <fe T. Co. Phila., Pa.
Due lessee company for additions July 1, 1899, $6,683,287.
Road Owns 56 miles of track.
.
—
(21) WEST PHILADELPHIA PAS8ENGER RY.—Cable and horse.
Organization—Incorporated May 14, 1857. Leased Jan. 1, 1884, to
the Philadelphia Traction Co. for 999 years, at an annual rental of
$150,000, or 20 per cent on stock, and interest, taxes, etc.; transferred
Oct. 1, 1895, to Union Traction Co.
STOCK
BONDS— Miles. Date. Interest. Outstand'g. Maturity.
8tock, par $50
$10 J-J $750,000
See text.
1st mort. ($1,000),
1876 6
246,000 April 1, 1906
\
gold
c ( Mort. trustee, Girard Life In. An.& Tr. Co., Phila.
~N
1886 5
May 1, 1926
7.-0,000
2d mort ($1 000) c(
< Mortgage trustee, Pennsylvania Co. for the Ins
Free
tVnm Vmr '
eiromiax.
of Life & Gr. of Annuities, Philadelphia, Pa.
(
Interest on both loans payable at Land, T. & T. Co., Philadelphia, Pa.
&
A-O
M
"Due
lessee for additions to July, 1899, $2,509,780
2o miles of track.
Road-Owus 27
-
UNITED POWER & TRANSPORTATION
CO.— Electric roads.
Incorporated April 20, 1899, under New Jersey laws to construct,
operate and own street i ail ways, power companies, etc., and do a
genera] business (V. 68 p. 929).
In June, 1900, owned the following stocks.
We show also the
total stock outstanding of each of the companies.
Total
Owned.
Stock.
8ha>es. Sha r es.
& Power Co. of Delaware Co... 6,194 7,500
Delaware County & Philadelphia Electric Ry..
5,993
6,000
Edison Eectric Illuminating Co. of Lebanon, Pa
9,891 10,000
Holmesburg Taconv & Frankford Electric Ry. Co
14,972 15,000
Lebanon Valley Street Ry. Co
9,991 10,000
Roxboro Chestnut Hill & Norristown Ry. Co
3,938
4,000
Citizens' Elf ctric Light
Schuylkill Valley Traction Co.*
Southwestern Street Ry. Co
Trenton Street Ry
United Traction »'o of Reading, Pa ...
Wilkesbarre & Wyoming Valley Traction
Wilkesbarre Dallas* Harvey's Lake Ry
Wilmington & Chester Traction
Wilmington City Electric
8,000
10,000
19,953
7,991
49,552
3,893
39,993
4,962
20,00r>
8,000
50,000
4 000
40,000
5,100
* The United Power & Transportation Co, is also said to have bought
the $100,000 i^sue of income bonds of this company.
Stock and Bonds.— Stock authorized, $12,500,000; present issue,
$3,125,0(0; shares $25, with 80 per cent, or $20 per share, paid.
Bonds. 4 per cent collateral trust certificates, are in two series, which
we have marked (a) and (ft) below. [Both bonds and stock listed on
Philadelphia Stock Exchange.]
Under a Trust Agreement between the United Power & TransCompany and the New Yorn Security & Trust Company,
trustee, dated May 1, 1899 (under which $7,788,797 United Rail
ways Gold Trust Certificates have been issued by the said trust company as trustee), the United Power & Transportation Company has
(n)
portation
deposited with said trust company 19,953 shares Trenton Street
Railway Company. 39,993 shares Wilmington <fc Chester Traction
Company, 14.992 shares Holmesburg Tacony & Frankford Electrio
Railway Co., 7,991 shares the Unite 1 Traction Company of Reading.
Pa., 4,962 shares the Wilmington City Electric Company and 49,538
shares the Wilkes Barre & Wyoming Valley Traction Company.
Under the above agreement, an additional amount of $56,203 of certificates will be issued upon deposit with the trustee of the remaining
shares of the capital stock of the above companies.
(6) Under a Trust Agreement between the United Power & Transportation Company and the Real Esta'e Title Insurance & Trust
Company of Philadelphia, dated May 1, 1899 (under which $99«,833 34 United Railwav s Gold Trust Certificates have been issued),
the United Power & transportation Company has deposited with the
said trust company, as trus ee, 5,9^3 shares Delaware County <fe
Philadelphia Electric Railw ay Co.
Under the above agreement an additional amount of $1,166 66 of
certificates will be issued upon deposit with the trustee of the remaining shares of the capital stock of the Delaware County & Philadelphia Electric Railway Company.
The principal of b< th series (which are in $100, $500 and $1,000
pieces) is due at option of holder on July 1, 1949, and thereafter on
any Jan. 1 or July 1, at the option of the United Power and Transportation Co. For both series, also, the semi-annual interest (J. & J.) and
the principal are payable in gold coiD, free of tax, at the office of the
Real Estate Title Itsurance & Trust Co. of Philadelphia, trustee.
DIVIDENDS—On Jan. 20, 1900, a dividend of 50c. per share was paid;
also same amount July 16, 1900.
Latest Earnings—The iecelpts of passenger railways controlled
by U. P. & T. Co. increased $lo9,875 for five months to May 31.
REPORT— For period April 20 to December 31, 1899: Income from
securities held, $425,400; expenses, $32,454; interest, $184,816;
dividends (5 p. c.) on amount paid in, $62,500 bal., surp.. $145,630.
Officers.— President. John A. Bigg; Vice Prests., R. N. Carson,
H. C. Moore; Sec. and Treas.. Wm. S. Belt. Asst. Sec. and Treas., Remi.
Remont Gen. Supt., Frank L. Fuller Counsel. R. L. Jones. General
offices, Bullitt Building, Philadelphia. -V. 68, p. 830,929, 1078, 1136,
1184,12:8; V. 69, p. 29, 13d, 797; V. 70, p 77, 277, 281, 431,431,
634.
;
;
(1)
;
DELAWARE COUNTY & PHILADELPHIA ELECTRIC RY.—
A trolley road.
Organization— Completed from Media,
Pa., to Baltimore
Avenue,
&
Walnut
Philadelphia, in January, 1895 connects with the Chestnut
Street cars of the Union Traction system. In Dec, 18y8, additional
lines through Delaware County were prjposed and is to have a connection with the Chester «fc Media. In May the United Power & Trans,
portation Company acquired the road, paying $15o per share for th©
s'ockinits 4 per cent trust certificates secured by a deposit of the
;
stoi;k.
STOCK
&
BONDS
Date.
Interest.
Outstanding.
Maturity.
See text.
$300,000
<
1893
6 J-J
64,000 July 1, 1918
,.„„.„„
„a
1st mortgage
^ Interest at Independence Nat. Bank. Phila.
DIVIDENDS—In 1898-99 $27,680 paid in dividends
ROAD—July 1. 1899, owned 12 miles. Rails 80-lb. T and girder.
EARNINGS— For year ending June 30, 1899, gross, $73,131; net,.
$37,780; interest, taxes, etc., $7,374; dividend, $27,680; balance, surplus for year, $2,726. In 1897-8, gross, $68,477; net, $35,458.
OFFICERS— President, John A. Rigg; Vice-President, H. C. Moore;
Secretary and Treasurer, M. C. Aulenbach.
Stock, $500,000 auth
(2) HOLMESBURG TACONY & FRANKFORD ELECTRIC RY.—
A trolley road.
Acquired in 189^ by United Power & Transportation Co. Paid $35
per cent trust certificates for each $50 share of the Holmes-burg Co.
Organization—Incorporated in 1890. Opened Oct. 6, 1895.
in 4
Outstand'g.
Maturity.
Date.
Interest.
STOCK & BONDS—
$750,000
8tock (par $50) $800,000
5g. M-N
400,000 May, 1925
1st mort., $400,000, gold, ( 1895
Trustee. West Phila. Title & TruftCo.
c* /
$1,000 and $500
Interest is paid at R. E. Title Ins. & Tr. Co., Philadelphia.
ROAD— Total track owned, 16-18 miles; track leased, I'll miles.
Earnings— For year ending June 30, 1899, gross, $98,886; net,..
$23,389; int., taxes, etc., $28,252; dividends, $2,454; balance, deficit,
for year, $7,317.
OFFiCERS.-President, John A. Rigg; Vice-President, R. N.Carson;
Treasurer, M. C. Aulenbach.
(3)
LEBANON VALLEY STREET RAILWAY— A trolley road.
Or GANIZATION.— A consolidation in 1899 of the Lebanon & Annville
Street Railway and the Lebanon & Myerstown Street Railway. TheUn ited Power &
Transportation Co. owns 9,991 shares out of the 10,-
000 shares of the capital
stock.
STKEET RAILWAYS.
Earnings— From Jan. 1 to Dec. 31, 1899, gross, $217,677, against
191, mio in 1898. For jear ending June 30, 1899, gross, f
.,814;
net, $135,398; interest, taxes and rentals, $13*;, 147; deficit, $1,049.
OFFICERS— President, John A. Ki;r<_': Vice Pre*., Henry C. Moore; Sec.
and Treas.. M. C. Aulenbach.— V. 61, p. 1014, 1 1 1 >5 V. 67, p. 1204; V
68, p. 830,8^9,873.
Maturity.
Date. Interest. Out aland' g.
STOCK& BONDS
.
#500.000
Stock, $500,000 (per $50)
400,000 July 1. 1929
1899
5
1st mort. 10-308
road— Owns 23 miles of track. Extension building.
Latest Earnings— For twelve months to Dec. 31, 1899, gross, $50,523; in 1838, $11,331.
OFFICERS— President, 8. P. Light; Vice-Pres., II. C. Moore; Sec. and
Treat*., M. O. Auleubach; Asst. Sec. and Treas., Rerai Remont.
(4)
A
;
Controlled by United Traction Co.
(a)
ROXBOROUGH CHE3TNUT HILL & NORRHTOWN RY.-
&
I
1
SCHUYLKILL VALLEY TRACTION.—Trolley.
Organization— Incorporated in September, 1893, as successor to the
Norristowu Bridgeport & Conshohocken Traction Co. Since, Jan. 15,
1895, has controlled and operated the Conshohockeii Ry., the Montgomery
County Pass. Ry,, the Citizens' Pass. Ry., Ambler Electric and the NorTistown Pass. Ry. The corporate existenoc of the several companies
will be maintained, but their bonds will be taken up as rapidly as possible.
In October, authorized stock was increased from $250,000 to
Power & Transportation
STOCK
&
BONDS—
$500,000
)
c
X
($1 .000)
Income mort., $100,000,
1895
5
Int.at West
1
>
899
F-A
g.
End
Tr.
&
20*1,000
Nov., 1945
S. D. Co.,Phil..trustee.
100,000
5 ann.
Aug. 1,1949
(b)
($500)
S West End Title & S. Dep. Co., Phila., trustee
Of the $500,000 1st mortgage dated 1895, $100,000 has been
retired and destroyed, $75,000 has been reserved to take up like
amount of the Norn.stown Passenger Ry. bonds, $80,000 to retire the
Citizens' Passenger Ry. bonds, $9,000 for other outstanding bonds
and $36,000 are for improvements.
The securities of the subsidiary companies are as follows, including
both those held by the public and by the parent company:
Maturity.
Issued.
Company, <&c.
Miles. Interest.
$79,520f.p. 3% Mar. '99
Citizens' Pass. Ry. stock.
64,
Feb. 1, 1925
80,000
1st mort, gold, $80,000, )
5 g. F-A
STOCK
Stock
principal and interest..
Montg. Co. Pass. Ry. stk.
5*2
>
5»*s
\
Outstand'g.
Maturity.
$500,000
313,000 Jan.
1,
& Tr.,
1925
Phila.
&
Wilkesb.
& W.
—
Side bds.
Guaranteed bonds—
70, p. 281.
&
Interest.
Organization— Controls all the street railway lines in the Wyoming
Valley, Pa., extending from Wilkesbarre to Duryea and Nanticoke on
east side of Susquehanna River and Pittston, Plymouth, 011 west side.
Dale. Interest. Outstand'g,
BondsMaturity.
Stock
Text.
Stock (par $100)
$5,000,000
See text.
1891
5
A
"
"°
Apr.
1.500,000
1, 1921
IstM "61500 000 eoldl " $ Interest at Provident
Life & Trust, Phila.
i
Collat. Tr. & Mortgage} 1895 5g. J - J
$325,000
Jan. 1, 1925
$325,000, gold
I Int. at Anthracite Sav. Bk., tr., Wilkesbarre.
Underlying Bo?ids on Roads Furchused—
Coalville Pass. Ry. bds
12,000
Wilkesb. & Surb. bonds.
5 p. c.
40,000
lis
150,000
mortgage
15.000
1924
1^ 6 J-J
Norristown Pass. Ry. stk.
75,000
44
mortgage
1923
1st
75,000
44 6 J-J
Road— Operates about 22 miles of track, including the lines of the
above-mentioned companies. A number of improvements and extensions reported proposed in 1899.
For year ending Dec. 31, 1899, gross earnings, $70,170; net, $23,063;
In 1898, gross, $63,674; net, $18,705.— V. 62, p. 279; V. 69, p. 3d4; V.
The United Power
Date.
of stock.
Subject to call at 105 Feb. 1, 1905
145,900
100,000
July 1,1924
5 g. J-J
Subject to call at 105 July 1, 1904
TRENTON STREET RY-Tnlley.
BONDS—
(8) WILKESBARRE & WYOMING VALLEY TRACTION.-The
United Power & Transportation owns 49,552 out of the 50,000 shares
1st
(6)
&
1st
mortgage, $400,000,(1895 5 e. J-J
gold, c* ($1 00, etc.)
\ Trustee, Real Est. Title Ins.
interest at Reading Trust Co. of Reading, Pa.
.
'
READING & WOMELSDORF ELECTRIC RAILWAY.
Organization, Etc.— Owns 14 miles of track. Controlled through
ownership of stock by the United Traction Co., which operates the road.
—
guaranteed.
Coushockon Ry. stock
1st mortgage, guaran'd
,
—
Co. acquired conthe $500,000 capital stock anl the
bonds. V. 70, p. 281.
Outstanding.
Maturity.
Date. Interest.
trol by purchase of $400,000 of
•entire $100,000 issue of income
Stock, $1,000,000 ($50)
1st mort., $500,000, gold
the Reading City Pas-
senger Railway and East Beading Passenger Railway, which it
equipped with electricity and leased tor 99 years, the former from
April l, 1893, and the latter from May l, 1893. Road Leased in December, 1895, to the United Traotion at a rental or $10,000 annually for
first three years, $20,000 for next two and 980,000 thereafter.
In
Jan., 1899, reported to have acquired oontrol of the Reading & Southwestern Ry., operating 7*2 miles of track bonded for $75,000.
Stock
Bonds— l'ar. Date, inin-i'st. Outstand'g. Maturity.
J-J
Stock. ,$1,000,000 an. $50
$1,000,000
Bee text.
lstM.,$000,000,g.,L'u$
1893 6g. J-J
445,000 Jan.
1933
Not subject to call c* > Trustee is Provident Life <fe Trust Co., Phila.
Loans July 1, 1899, $199,860.
Interest is payable in Philadelphia at Bank of North America and in
Reading.
Bonds— Of the Reading Traction first mortgage bonds for $600,000;
$1 12,000 are reserved to reti re Reading City Passenger bonds when due
Dividends— A dividend of 1 p. c. was paid in Jan. and July, 1900.
LEAskij links SECUR'S. Par. Date. Interest. Outstand'g. Lastdiv.,elc.
Reading City Pass. Ry.
See text.
Stock (see below)
$50
J-J $350,000
IstM
1889
5 A-O
117,000
Apr., 1009
East Reading Elect. Ry.
50
Stock, full paid
J-J 100,000
See text.
Bouds, $25,000
...1897
21,500 July 1, 1937
5 p. c.
Read. <feTei 11 pie Elec. Ry.
Stock, $75,000, guar
7 A-O
43,200
See text.
1894
5 A-O
43,500 Oct. 1, 1924
1st mtg., $75,000
Dividends on Leased Line Slocks The Reading City Passenger stock
to receive dividends. 1896 to 1899 inclusive, 10 per cent; 1900 and
tiiereafter,12 percent. East Reading.' stock receives dividends: 1896,
$6,500; 1897 to 1900 inclusive, $7,000; thereafter, $8,000.
Road- Owned and leased 31 miles of track. V. 64, p. 177. The
Reading & Southwestern owned 7 miles.
The United Power & Transportation Co. owns 3,938 out of the 4,000
shares of the capital stock.
Organization— In February, 1898, arranged to lease the Wissa
hlrkon Electric, 3^ miles, for 999 years; rental to be 2 p. c. on the
$1 45, woo stock for the first two years, 3 p. c. for the next six years, 4
for the rest of the
c.
p. c. for the next seven years and 5 p.
In Jane, 1896, Bled a
term. Now operates 20-00 miles of track.
mortgage for $450,000 to the Real Estate Title nsuranco <te Trust (Jo.,
Philadelphia, securing 5 per cent gold bonds, .1 <fe D.due in 1926, of which
S396.000 were outstanding July 1, 1899. Capital stock, $198, 4v0;
par, $50.
For year ending June 30, 1899, gross, $112,284; net, $42,014; interest, etc., $vt>, 357; dividends, *4,9<>0: balance, surplus for year, $10.097. President, J. A. Rigg; Vice-Pres., R. N. C.irsou; Sec. and Treas.,
M. C. Aulenbach.-V. 62, p. 1042.
$1,000,000.
In Feb., 1900, the United
READING TRACTION— A trolley road.
in W)i to operate
Organization— Chartered
trolley road.
(5)
73
35,000-
M
Pittston St. Car 1st
1893 6g. J-D
$200,000
Dec. 1, 1918
\
p.&i. uncondit'y guar. \ Int. at Real Estate L. &Tr. Co., Philadelphia.
Plymouth Br. Co. lstgold< 1894 5g.A-0
$150,000
Oct. 1, 1924
M.$150,000, guar. p.&i. \ Int. at Anthracite Sav. Bk., trustee, Wilkesb.
$10,000 subj. to call in 1904 and $3,000 yearlv thereafter.
Trans-
portation Co. owns 19,953 out of the 20,000 shares of stock.
Organization— Formed June 29, 1898, by consolidation of the
Trenton Passenger Ry., Mulberry St. Pass. Ry., Penuington Ave.
Pass. Ry. and Ewing Pass. Ry. See also Trenton Traction Company.
In August, 899, the Mercer County Traction Co. was formed, with
a capital of $10o,000. to enable the Trenton Street Ry. Co. to build an
extension into Princeton.
On Feb. 1, 1899, the consolidation of the electrio companies of Trenton went into effect under the title of the Trenton Gas & Electric Co.
But the Trenton Street Railway has no connection with the Gas &
Electrio Company.— V. 68, p. 284.
Maturity, etc.
Date. Interest. Outstand'g.
BONDS—
STOCK
Stock, $1,000,000, p. $50 ..
$1,000,000
& Kingston
Wilkesb're&E. SideRy
Wilkesbarre
F-A
6
90,000
150.000
See below.
I
Dividends— In 1896. Jan.,
1 per cent; July, 1 percent.: in 1897,
Jan., 1 p. c; in 1898, Jan., 1 p. c; in 1899, Jan., I p. c.
ROAD— Comprises 63-26 miles of track, fully described in the
Chronicle of Feb. 22, 1896, page 361.
Companies Controlled in System—The following table shows the
several companies operated, their mileage, capital ftock, and the
amount of it owned by the Traction Company, their debt, and finally
the rental payable under 999-year leases; 6 per cent here meaning 6
per cent on the outstanding capital stock; and $1 meauiug a nominal
rental, the company having only a nominal existence.
&
Tr. Pass. First mort
$1,000,000, gold
$1,000 each, c*
Interest at Nat. Median
Bank, Trenton, N. ,1.
1
(
|
1891
6g. A-0
$100,000
1906
to
1915
I
($10,000 due yearly Sept. 30)
{
($15,000 due yearly Sept. 30i
$150,000
$100,000
1916 to 1925
1926
to
Name of Company.
1930
Coalville* Passenger
($20,000 due yearly Sept. 30)
1898
Consol. mort., gold.
$2,000,000
I
5g.J-J
Int. in Phil.
'
$650,000
$752,000
& Trenton;
trus.
the consol. 4s of 1898. $1,000 000 are reserved to retire
the 1st 6s, and $.48,000 are held in the treasury for future extensions.
Road— Owns 34 miles of track. The new tracks have 90 lb. Johnson girder rails. Has power house of sufficient dimensions to operate the system and also to light the city.
Bonds— Of
Earnings.— Year ending Dec. 31, 1898, gross, $247,051;
,
Debt.
Rental.
p.c.
968
12,000
12,000
None.
$1
1-95
None.
42,000
42,000
Pittston Street Car
882 200,000 200,000 200,000
Plymouth Street Railway... 6-00
12,000
None.
12,000
$1
W. Pittston & Wyo. St. Car.. 2-25
None.
30.000
30,000
$1
Wilkesbarre & East Side?
500 150,000 150,000 150,000
Wilkesb. & Klngst Pass. Ry, 660 100,000
99,700
90.0
6 p.c.
Wilkesb. & Suburb. St. Ry .. 1000 100.000
-10,000 6 p.c.
93,500
Wilkesbarre & West Side.
963 100,000 92,450 35,000 6 p.c.
Entire stock and bonds deposited under collateral trust of 1895.
July 1,1933
Ac,
Stock.
Issued.
Owned.
Railway 5-67 $62,400 $33,700 $12,000 6
Nanticoke Street Railway..
Pittst. Moosic & P. V. St. Ry.
Sept. 30, 1931
Gir. L. Ins.,
Miles.
. .
net, $16,
1l
Annual Report—
OFFICERS— President, Henry C. Moore; Vice-Pres., John A. Rigg;
and Treas., Juo. L. Kuser.— V. 68, p. 284, 475.
Tear end. Dec.3l. 1899.
Gross earns... $550,947
Net
303,084
Sec.
(7) UNITED TRACTION (OF READING)—
In 1899 control acquired by the United Power <fe Transportation Co
which holds 7,991 out of the 8,000 shares of stock. Stockholders were
given $75 in 4 per cent collateral trust bouds of the Power A' Transportation Co. for every $50 of United Traction Co. stock held, with
right to subscribe lor Power & Transportation stock.
Organization— Incorporated in December, 1895, to oontrol the
Reading Traction (leased) and Reading & Womelsdorf Eleotrio (stock
owned) roads. Also owns the stock of the Metropolitan Eleotrio Co.
In Jan., 1899, the Reading Traction Co. was reported to have acquired
•oontrol of the Reading & Southwestern Ry.
Int.onbds.,eto
65, p. 152; V. 66, p.
— V.
,
28 5.
I
I
Tear end. Dec. 31. 1899.
Taxes, etc
Surp. for year
V. 68, p 830, 1 134.
I
1898.
$68,695
$93,007
V. 69, p. 29.
RY—
The
(0) WILKESBARRE DALLAS & HARVEY'S LAKE
United Power <fc Transportation owns 3,893 out of the 4,000
shares of stock.
Organization— A reorganization in 1898, per plan in V. 66, p. 1190,
of the Wilkesbarre <fe Northern RR.,soUl by sheriff in ^ept.. '9-». Koad,
partly constructed, was completed and electrically equipped by new
company irom Luzerne, fa., there oonneoting with Wilkesbarre &
Wyoming Valley Traction, to Harvey's Lake. Pa.. 1248 miles. Stock
$200,000; bonds, $150,000.— V.Oti.p.'l 190; V. 67. p. 488; V. 69, p. 13i.
Outstand'g. Maturity.
Date.
Int.
STOCK AND BONDS—
Stock, $400,000 (par, $50)
$103,700 full nd
lstM.,ooH. trust, gold, $150,-) 1896 5g J-J
Jan. 1,1926
149,900
000 (par $100 & $1,000).... Trustee, R. E. Title, Ins. & Trust, Phila.
Interest at Co.'s office. Bonds subject to call at par after three years
ROAD— Operates 48 miles of traok (Reading Traotion, 31 miles,
Reading & Womelsdorf Elec. 14 miles) in and between Reading;
Womelsdorf, Blaok Bear and Stony Creek; Reading & Southwestern,
(9)
WILMINGTON & CHESTER TRACTION—
Has been acquired by the United Power ft Transportation Co., whioh
owns 39,993 out of the 40,000 shares of stock.
Organization.— Incorporated March, 1898 Controls all the street
j"
7 miles.
1898.
$506,747
286,844
125,142
1
railway lines of Wilmington, Del., and Chester, Pa., comprising with
leased lines about 57 miles of track, and with the connecting link.
between Wilmington and Chester, opened in April, 1899, has 66
STEEET RAILWAYS.
74
It controls the line from Cheaterto Media, also the line
to Darby, where connection is made with the Union Traction Company's line to Philadelphia. In 1898, acquired all the stock of the
Wilmington City Ry. ($517,850) and of the Chester Traction Co.
($500,000). The latter company holds all the stock of the Union Ra 1wav Co $100,000; Chester & Media stock. $35,000; Chester Darby
Philadelphia stock. $65,000; total, $200,000.
miles of track.
&
,
&
Date. Interest. Outstand'g.
BONDS—
Stock
Stock, $2,000,000; par, $50
Listed on Phil.Ex. $2,000,000
f. p
Coll. tr., gold, $4,000,000 >
1898 5 g. A-O
1,705,000
($500 and $1,000 ea.).o*S Provident Life
SECURITIES (NOT OWNED)
& Trust Co.,
Maturity.
Apr.
1,
1918
Phila., trustee.
OF SCBSIDIARY LINES—
600,000 Sept. 1, 1911
1891 5 g. M-S
)
cold, $500 each
Subject to call on or after Sept. 1,1901
c)
Interest is payable at the Equitable Trust Co., Wilmington, Del.
Chester Trao. 1st M., gold
Wil.City 1st M., $600,000,
($250,000)
o* 1894
Leased to Chest. Tract.—
Union Ry. Co. 1st M., gold
1893
($500 & $1.000)0
5
g.
M-N
250,000
May
1,
1914
200,000 Jan. 1, 1913
Jan., 1900
150.000
100,000 July 1, 1913
Ches. & Media EJ.Ry.gold)
125,000 July 1, 1913
Ches. Darby & Phila. gold.
Interest on Chester Traction, Union Ry., Chester Street Ry., etc,
payable at Delaware County Trust Co., Chester, Pa., and interest upon
all the latter guaranteed by Chester Traction Co.
BONDS— Of the collateral trust 5s of 1898, $1,705,000 represents
purchase of total stock of Wilmington City Ry., entire capital stock
of Chester Traction, all stock and bonds of Gordon Heights Ry., and
provides for construction and equipment of new line between Wilmington and Chester and improvements. Of the balance $1,695,000 are reserved to retire underlying securities and guaranteed stock, $500,000
for future extensions, etc. and $100,000 remain in company 's treasury.
Bonds are subject to call at 103 after Apr. 1, 1914.
OFFICERS— Pres., John A. Rigg; Vice-Pres., E. J. Moore; Sec. and
Treas.,W. S.Bell; Asst.Sec.andTreas.,RemiRemont—V.68,p. 620,929.
Chester
St.
Ry.stotk ($50)
5g. J-J
10
J-J
1893 5 g. J-J
1893 5 g. J-J
,
((t)
CHESTER TRACTION—A trolley road.
entire stock of Chester Traction and also
the Wilmington City Ry. (Delaware) was acquired by Wilm. & Chester
Trac. Co., which company is in turn controlled by the new United
Power Transportation Co.— see the latter.
The Chester Traction Co. holds all the stock of the Union Railway
Co., $100,000, Chester & Media stock, $35,000, Chester Darby & Phila.
strck, $65,000; total, $200,000.
All interest payable at Delaware County Trust Co., Chester, Pa. Interest upon all subsidiary securities guaranteed by Traction Co.
Date. Interest. Outstanding. Last Div.dc
BONDS—
STOCK
Stock ($500,000); par. $50
$500,000 In '98-9,10%
250,000 May 1, 1914
1st M., gold. ($250,000)
c*1894 5 g M-N
Road— Company operates 32*87 miles of track
Earnings— Year ending June 30, 1899, gross, $246,063; net, $119,706; int., taxes and rentals, $77,674; divs., $50,000; deficit, $7,968
CONSOLIDATION—In 1898
&
&
.
PHOENIXVILLE, PA.
Population 1890 was
MONTGOMERY & CHESTER ELECTRIC
ander Brown & Sons, of Baltimore, its operations were extended,
as permitted by charter, to absorb the Consolidated Gas Co. of Pittsburg (artificial gas-see V. 66, p. 1188), the Chartiers Valley Gas Co.
and the Allegheny County Light Co. (electricity). It has also acquired
the entire capital stock of the Mansfield & Chartiers Gas Co., and in
June, 1899, purchased a controlling interest in the Equitable Gas Co..
both natural gas —V. 69, p. 28. During August, 1899, it also acquired
theentlre capital stock of the Low Pressure Gas Co., which heretofore
supplied the towns of Homestead and McKee's Rocks and the borough
of Esplan, all adjacent to the City of Pittsburg. Pennsylvania Natural Gas stock was in Nov., 1899, taken in exchange for Philadelphia
Co. stock at the rate of three shares of gas stock for one share of the
stock of the Philadelphia Co. V. 69, p. 1015.
tn Oct., 1899, it also
acquired the entire capital stock of the Union Gas Co. of McKeesport,
which supplies the towns of McKeesport and Revnoldton. In accordance with an offer previously made (see V. 68, p. 479), the Philadelphia Company in October, 1899, began exchanging its stock for that
oi the United Traction Co., street railway system, below described— V.
69, p. 744; and has acquired 336,867 shares of the common stock of
that company.
schedule op capital stock shares of other corporations
owned and possessed at march 31, 1900.
United Traction Co. of Pittsburg
336.867 common out of 340,000
Consolidated Gas Co. of the City of
"
"
Pittsburg
80 000
X79.967
"
"
Chartiers Valley Gas Co
X29.530
30,000
"
"
Pennsylvania Natural Gas Co
19,582
20,000
"
"
Equitable Gas Co. of Pittsburg
14.0uo
13,052
Equitable Gas Co. of Pittsburg
"
4,653 preferred
6,000
"
The Allegheny Co. Light Co
x4,910common
15,000
"
"
Allegheny Heating Co
x2,50L
5,000
" being all the stock.
Union Gas Co. of McKeesport
16.0<
"
"
Suburban Gas Co
2 000
"
"
Low Pressure Gas Co
1.000
"
"
Pew, Emerson & Co., Limited, Incor.. 1,000
"
"
American Transfer Co
1,000
"
"
Mansfield & Chartiers Gas Co
500
"
"
Duquesne Natural Gas Co
200
Fuel Gas Co. of the County of Alle"
"
gheny
200
"
"
Tarentum Light & Heat Co
100
"
"
Carpenter Natural Gas Co
100
"
"
PennFuelOo
100
"
"
Acme Gas Co
100
"
'•
Braddock Fuel Co
70
"
"
Acme Heating Co
70
"
"
Acme Fuel Co
70
•'
"
Allegheny & Chartiers Railway Co..
60
"
"
The Philadelphia Co. of West Va
xlO
All of the above shares, except those marked thus, x, are in the
treasury of the company those so indicated (x) are in the hands of
the Maryland Trust Company, trustee under the first mortgage and
collateral trust dated March 1, 1899.
In June, 1900, the proposed merger of the Consolidated Traction
with the United Traction and the Monongahela Street Ry. into a new
company, to be called the Union Traction, had not yet been perfected.
8,514.
RY.—To be a trolley road.
Organization— Completed from Phoenixville to Spring City,
Pa.,
Stock authorized, $100,000; outstanding,
$50,000. Bonds, $100,000 30-year gold 5s, due March 1, 1929 ($1,000
each), int. M-S at Real Estate Trust Co., Philadelphia, trustee; outstanding, $100,000. President, John J. Ridgeway, 721 Walnut St.,
Philadelphia, Pa.; Sec, C. S. Jarvis; Treas., Franklin Ingram.
6*3 miles in June, 1899.
PIQUA, OHIO.
Population 1890 was 9,090; in 1880 was 6,031;
and in 1870 was 5,967.
cities of
Miles. Date. Interest.Outstanding. Maturity.
STOCKS
BONDS —
Stock ($300,000) $100
$300,000
1st M., $200,000, gold, \ 14
1893 6 g M-N 200,000
1908
Interest
ChaseNational
Bank, N. Y. City.
$1,000
at
c (
Mortgage trustee is the cashier of the Chase National Bank.
Road— In Aug., 1899, owned 7*a miles of trolley track in Piqua
laid with 45-lb. girler rail, 2 miles in Troy (population 8,000) and 8
miles connecting the two cities, laid with 48 lb. T rail. President, W.
P. Orr; Vice-President and Manager, A. M. Orr; Secretary and Treas-
&
urer, L.
M. Flesh.
PITTSBURG, KANSAS.
Population in 1890 was 6,697.
PITTSBURG FRONTENAC & SUBURBAN
ELECTRIC RY-
9,
&
&S
The
&
Date.
Stock
BONDS—
Stock, common, $15,000,000; par, $50..T......... i
Pref. Stk.,5p.C.,nOn-CUm., )
$6,000,000; par, $50.... J
1st & Col. Tr. M., $6,500,- ) 1899
apriH,
Bate.
/-.
°*
T
~ J
**
M " oS
1900.
Outstanding. Lastdiv, etc.
niooKi! Apr.,1900,li4
a™
$1*.719,956
kimh
«.,/
nnn nnn Mar.,1900,2ia
-Mf n
-innnoi
4.000,000
4,125,000 Mar.l, 1949
Maryland Trust Co. Trustee.
1891
6 F-A
500,000
1911
1895
6 F-A
500,000
1915
,~ nr n i\nn
i/,ouu,ooo
000 gold ($1 ,000) c*
J
AUegh'y County Lt.l st M.
East End Elec L't 1st M.
United Trac. com. stk.,
$17,000,000, par $50. J
United Traction pref stk
United Trac. gen. M. gold, ) 1897
5 g
a
*.
M-S
,
.
5 J- J
5 g. J-J
3,000,000 Jan., 1900,2^
4,750,000 July 1,1997
$10,000,000 ($l,000).c* 5 Trustee Maryland Trust Co., Baltimore.
1889-94
Un. Trao Di v. bonds
5,250,000
Various.
Cons. Gas corn., $4,00 1>,4,000,000
000, par $50
Consol. Gas pref. stock, >
6 F" A
2,000.000 Feb.,1900,30/
*2.500,000,par$50..'J
Consol. Gas, 1st mort.,) 1898
5 g. F-A
5,000,000
Feb.1,1948
c*&r )
Trustee Maryland Trust Co.
gold
5&6
STOCK— Stock authorized was increased in February, 1899, irom
$7,500,000 to $21,000,000, of which $6,000,000 is 5 p, c. non cumulative preferred. The increase was made to acquire the common stock
of the Allegheny county Light Co., Chartiers Valley Gas Co. and the
Consolidated Gas Co.; also by exchange the United Traction stock.
'96, '97.
'93
'94
'95
'98
Dividends. ) 1892
'P9
1900
5
Percent. J 4%
5
None.
4
4%
2^
4H
The foregoing dividends are for the common stock. The preferred
stock was created in 1899, and the first semi-annual payment of 2*s
per cent was made in Sept., 1899; the next one {2^2%) will be paid on
Sept.
1,
1900.
the $6,500.000 new bonds of 1899 (mortgage trustee,
Co.) $4,000,000 was issued at once in part payment
for the stock of the Allegheny County Light and Chartiers Valley Gas
Co., and $1,000,000 is reserved to retire the $1,000,000 bonds of the
Allegheny County Light and East End Electric bonds and $1,500,000
for future improvements and additions, out of which $125,000 was
issued in Dec, 1899, to pay for betterments to the property of the
Allegheny County Light Co. Messrs. Brown Bros. & Co. offered the
$4,000,000 for sale Feb., 1899, receiving applications for eight times
that amount, and in Oct., 1899, they were listed on the Philadelphia
Stock Exchange. See application to list securities on the N. Y. Stock
Exchange in V. 70, p. 1198.
BONDS— Of
1894.
The population of the district served by the road is said to be over 21,000. Companv also owns
an electric-light plant in Pittsburg, Kan. In October, 1899, the road
was sold at foreclosure to J. J. Tyler of Philadelphia for $70,000. It
is reported that an extension of 4 miles from Frontenac to Yale mining camp will be made at once. The old securities are described
below.
Interest.
Outstanding.
Date.
Maturity.
Stock
Bonds—
Stock $100,000 (par $100)
$100,000
mort.,
1st
125,000
Jan. 1,1911
$125,000, gold ( 1896
6g. J-J
redeemable in 10 years \ Int. at R. E. Title Ins. & Tr., Phila., trustee.
Pitts. Weir C. &Col.lst M.
1897
Dec. 1, 1906
6% J-D
(1)
$75,000 assumed by P. > Int.
at N.Y. Security & Trust, trustee.
F.
ORQanization— Chartered July
securities outstanding
.
MIAMI VALLEY RAILWAY-A trolley road.
Organization —Chartered in August, 1889. Franchises from
Piqua and Troy and County Commissioners of Miami County.
Total
Issue.
Shares.
Maryland Trust
Earnings—Report
for year ending
March
31, 1900,
was
1900.
$2,163,201
1,294,736
S
mortgage covers all the railway, property, franchises, electric-light plant and real estate.
Road— In 1899 operated 17-3 miles of track, running from Pittsburg
to Frontenac. Litchfield, Medway, Cornell and Yale.
first
PITTSBURG, PA.
in V. 70, p.
943.
Gross earnings
Operating expenses
Net earnings.
Other income
Deduct rentals
$868,465
366,482
$1,234,947
i47,258
of other companies, interest, etc.
Population 1890 was 238,617; in 1880 was 156,389
Total net income
and in 1870 was 86.076.
Interest on bonds and dividends on preferred stock
Estimated Combined Population of "Greater Pittsburg," including Allegheny, Etc., in 1899, 500.000.
Surplus, added to profit and loss
Gas (natural and manufactured), Common stock dividends
electric company, trolley.
Actual surplus for year's operation
Organization.— Originally a natural gas company, but in February,
1899, nearly all of its $7,500,000 stock having been purchased by a
Earnings of the companies controlled by the Phila.
syndicate headed by Brown Brothers & Co., of New York, and Alex- ending March 31, 1900:
PHILADELPHIA CO—
'
$987,689
403,501
$584,188
479,444
$104,744
Co. for the year
STREET RAILWAYS.
$3,628,167 12
1,075, .'365 39
Gross earnings
Operating expenses and taxes
$1,952,80173
Net earnings
Deductions from income (interest and preferred stock
dividends)
1,283 955 96
Net income
$668,845 77
Applied to reduction of indebtedness o f tlie
sje_"27,:;70 85
companies
Expeudedl'orimprovementsandbetterments. 205,033 03— 432,403 88
$236 il 80
225,00000
1
Dividends declared.
.+1
14189
1
"$223,620 00
Philadelphia Co.'s proportion of dividends declared
"Included in "other income" in the statement of earnings and
expenses above.
One dividend of 1 per cent and three dividends of 1 J4 per oent each
were paid upon the common stock of the Philadelphia Co.. out of
earnings applicable thereto during the year 1899, and two dividends
of 1 'a per cent each thus far in 1900.
OFFICERS, ETC.—J< H. Reed, President; James D. Callery, VicePresident (now President of the United Traction Company); J. C.
McDowell, Second Vice President ami General Manager; O.J. Braun,
Directors
Jr., Treasurer
J. F. Guffey, Seo'y; C. S. Mitchell, Auditor.
Messrs. Reed, Callery, Given, McDowell. Rhodes, McMnllin, Frazier,
Bowdoin and Calhoun.— V. 68, p. 332, 381, 430, 479, »73; V. 69, p. 28.
;
744, 852. 1013, 1015, 1248; V. 70, p. 124,584, 943, 1195,1198,
1199.
(1)
UNITED TRACTION CO.-
Orqanization.— Formed in 1896, and in June 1897, and purchased
the property and franchises of The Second Avenue and North Side
traction companies, and secured control of the Pittsburg Allegheny
& Manchester through a lease tor 950 years and the purchase of its
stock. The Federal St. & Pleasant Valley Passenger Ry. is controlled
through its lease for 950 years to the North Side Traction.
all
In March, 1899, the Philadelphia Co. offered to give $6,375,000 of
common stock in exchange for the $17,000,000 common stock of
the United Traction. See V. 68, p. 479. In October, 1899, exchange
of stock under this plan was begun and by Apr. 1, 1900, had acquired
In June, 1900, negotiations were still pending
336,867 shares.
for the merging of Die United Traction, the Monongahela Street Railway and Consolidated Traction, under the title Union Traction Co.
Date. Interest. Outstanding. Div.or Mat.
BONDS
STOCK
Com.stock,*17,000,000 (50)
$17,000,000
Pref.cum., $3,000,000 ($50)
J-J
3,000,000 Jan.. 1900, 2*2
4.750,000
United Trac. gen.m.gold, > 1897 5 g. J-J
J'y 1,1997
$10,000,000 ($1,000). c* * Trustee Maryland Trust Co., Baltimore.
Interest is payable in New York City.
Outstanding
Annual
Charges.
Underlying Securities— (IT See also below).
Not Owned.
Federal & Pleasant Valley bonds
$1,250,000
$03,250
Pitts.'Alleg. & Man. bonds, 5 p.c. due Oct. 1,1930 1,500,000
75,000
Second Avenue Traction bonds
125,800
2,500,000
its
&
$264,050
Total of bonds, $5,250,000)
$5,250,000
Second Avenue Traction bonds for $2,500,000 as above (assumed by
United Traction Co.) include:
Dec. 1, 1934
Second Ave. Trac. Mort. < 1894 5g. J-D 2,000,000
Balto.,Md.
c* \ Trustee, Maryland Trust Co.
gold ($1,000)
Interest at Brown Bros. & Co., N. Y., or A. Brown & Sons, Balto.
July, 1902
30,000
2d Ave. Passenger 1st M... 1882 6 J-J
1889 5 J-J
General mortgage
120,000 July 1, 1909
1893 5 J-J
300,000 July 1, 1933
2d Ave. Traction Co.
Braddock & Turtle Cr'klst. 1891 6 A-O
50,000 Aprill, 1911
Dividends—On preferred in Jan., 1898, 2^ p. c; in July, 1898, 2*2 p.
«.; in 1899, Jan., 21^ p. c; in July, 2^ p.c; in 1900, Jan., 2*a p. c;
July, 2»s p. 0.
BONDS.—The new United Traction mort. is limited to $10,000,000;
bonds cannot be redeemed before maturity Maryland Trust Co. of
Baltimore is trustee. Of these bonds, $5,250,000 are reserved to
retire the divisional bonds (above mentioned)
$725,000 reserved
for betterments and improvements after January, 1898, and $4,000,000 were sold to Brown Bros. & Co. and Alex. Brown «fc Sons, and
the proceeds, in addition to proceeds from the preferred stook, used
to provide the purchase money paid for the several roads. All the
bonds outstanding ($4,750,000) were listed on the Philadelphia and
Baltimore Stock Exchange in February, 1898.
ROAD—The miles of traok owned and consolidated are
M
;
;
Miles.
Second Avenue Traction
North Side Traction
Pittsburg Allegheny* Manchester Traction
63*83
31-84
21-45
117-13
REPORT—The United Traction reoeives the entire earnings of the
North Bide, Pitts. A. & M. and Second Ave. traotion oompanies, subject
only to annual charges of $296,968, as shown above.
Qross.
Net.
Charges. Surplus.
Latest Earnings— 5 1900. $1,321,147 $72^,682 $500,690 $<s?7,992
July 1 to Mar. 31.
634,095 466,398 167,697
1 1899. 1.174,295
Report For year ending June 30, 1899, is as follows Gross, $1,604,153; net, $872,434; interest, taxes and rentals, $622,908; balance
surplus, $249,526. Pref. stock dividend, $150,000.
Report for year ending June 30, 1898, was in V. 67, p. 1001, showing:
Gross receipts, $1,469,907; net, $786,991; interest, rentals, taxes.
etc., $586,512; balance, surplus, $200,479. Preferred stook dividend,
$150,000.
OFFICERS.— President, James D. Callery; Vice-President, J. H.
Reed; Sec, J. F. Guffey; Treas., C. J. Braun, Jr.; Auditor, 8. E. Moore.
Office, Pittsburg, Pa. Financial Agents, Alexander Brown & 8ons,
Baltimore, Md.— V. 65, p. 27, 112, 736, 1025, 1222; V. 66, p. 4B9; V.
67, p. 1001; V. 68, p. 381, 430, 479; V. 69, p. 744, 1013; V.70, p. 329.
Total
:
1.1
(1)
FEDERAL
«<•«
ST.
controlled by United Trnctlon Co.
& PLEASANT VALLEY RY.—Trolley.
Organization— Incorporated March, 1868, and has since consolidated its various subsidiary oompanies. The franchise is perpetual.
The North Side Traotion Co. on July 20, 1896, leased the Federal
Street & Pleasant Valley for 960 years, assuming its funded debt of
$1,250,000 and its iloatlng debt of $175,000, and agreeing to pay as
rental all taxes, rentals, etc., and also $70,000 yearly in cash, payable
January 15 and July 15, equal to 5 per cent on the $1,400,000 stook,
it owns $750,000.— V. 63, p. 31, 76, 189.
of whioh
STOCK
&
BONDS—
Stook (par $25)
paid
Consul, mort.. $1,250,000,
g., $1,000, on 28 miles. .*o
Date.
Interest.
Outstand'g.
5J-J
full
$1,400,000
5g.J-J
699,000
J
1892
I
Int. at Fidelity Title
&
Maturity.
See text.
1, 1942
May
Tr. Co., Pittsburg.
STOCK
&
75
BONDS— Cont'd.
Date.
Underlying mort gages—
Observatory Hill 1st M
Federal St. & PI. Val. 1st M
People's Park Pass
Interest.
Outstand'g.
1887 5 J-J
$101,000
75,000
7-. 000
140,000
29,000
72,000
6
1882
1889
saiegneny &
1890
Allegheny St. 1st mortgage. 1890
1H90
Perry st.ist mortgage
Troy Hill 1st mortgage
1890
Dividends— Dividends are payable
ary, 1895, 2 percent; in 1890, none;
WeA. St.
&
mort
Bellevue IstM.
PI. Val.
5
5
5
5
5
5
at
Matur
ity
1907
1903
1913
July 1,1919
Nov. 1, 1920
1920
J-J
5,000 Nov. 1, 1920
J-J
45,000 Nov. 1, 1920
Fanners' Dep. Hank; in Janu-
J-J
J-J
J-J
J-J
July
July
1,
1,
1897. 5 p.c 111 1898, 5 p.c.; in
1900, Jan., 2^ p. c; July, <ZH P c.
Bond*—The consolidated mortgage of 1892 is tor $1 ,250,000, of which
the balance unissued is in the hands of trustee to retire all the Other
lsuues; mortgage trustee is the Fidelity Title
Trust Co., Pittsburg.
Road— Embraces 33 miles of track (Including sidings) on about
17 miles of street rails mostly 90-lb. girder.— V. 63, p. 189.
1899, 5
in
;
p. o.; in
*
;
(2)
PITTSBURG ALLEGHENY & MANCHESTER TRACTION.—
Organization— Consolidated with United Traction
which purchased
all,
or nearly
CONSOLIDATED
all,
in June, 1897,
the capital stock (V. 65, p. 27).
TRACTION-Trolley road.
The negotiations which have been pending
for some time for the
merging of the United Traction with the Consolidated Traction and the
Monongahela Street Railway under the nam" of the Union Traction
have progressed, and on June 20, 1900, the stockholders voted to lease
the property to the Union Traction Co. as soon as the $30,000,000
stock of the latter company had been subscribed for and $6,000,000
Under the lease (which is to be for 9!) years) per
on the preferred stook of the Consolidated Traction;
on the common 2 per cent for two years, then 3 per cent for three
years, then 3h per cent for two years, and thereafter 4 per cent. See
in cash paid in.
cent is to be paid
fi
I
V. 70, p. 995.
Organization— Chartered July 15, 1895. The company has merged
tie Fort Pitt Traction. Co. and assumed its leases of the Citizens' and
the Allegheny Traction companies, and has acquired the control of the
Contra! Pittsburg and Duquesne Traction companies. On April 2. 1896,
assumed management of these six companies, with capital of .*i 3.500,000 and a bonded debt of about $6,377,000. See V. 62, p. 1087.
Par.
Interest.
Outstanding.
STOCK—
Dividend.
Commonstock
$50
50
$15,000,000
12.000,000 May, 1900,3%
The preferred stock carries cumulative dividends of 6 per cent per
annum, and has the right to participate equally with the common stock
when that has received 6 per cent. First dividend on preferred was
paid May, 1897. In November, 1897, no dividend was paid. See V.
65, p. 685. In May and Nov., 1898, 3 p. c. was paid. In May, '99. 3
p. c; Nov., '99, 3 p. c; May, 1900, 3 p. c.
Companies Controlled The companies acquired are shown in the
following table, as also the amounts of their stocks and bonds.
Company.
Miles.
Old stock.
Bonds.
Duquesne Traction
33
$3,000,000
$1,500,000
Pittsburg Traction
1213
1 2,500,000
1,007,000
Central Traction
8*2
*1,500,000
500,000
Fort Pitt Traction
10
3,000,000
938,000
Citizens' Traction
30
3,000,000
1,620,000
Allegheny Traction
18
500,000
750,000
Pf. stock, 6 p.
c.
cum.
6M&N
—
*On this only 60 per cent(p30 per $100 shares) has been paid in,
representing $900,000.
t This is nominal value of shares; less than full amount has been
paid on shares.
In Consolidated Traction Co.'s balance sheet of March 31, the above
companies appear in assets as follows
Cost in SeeuShares.
titles or Cash.
Duquesne Traction
52,535'
$1,943,775
Pittsburg Traction
49.50i»
3,465,000
Central Traotion
29,133
873,990
Fort Pitt Traction
60,000
15.900.0CO
Road -Controls about 126 miles of track in alL
Earnings and Charges— Fiscal year ending March 31, 1900, gross
from operation, $2,659,510; other income, $355,352; total income, $3,014,862 net income, $1,693,406 interest, taxes and rentals, $1,043,009; balance, $650,397; dividends, $649,775; surplus,
$«22.
Deficit since combined operation April 2, 1896 (after payment of $1,809,054 in dividends), $805,664.
Officers— President, C. L. Magee; Secretary, F. H. Steele. .Directors— C. L. Magee, Joshua Rhodes, T H. Given, John A Bell. B. F.
Joues.— V. 65. p. 685; V. 69, p. 1013; V. 70, p. 328. 480, 533, 583, 585,
686, 995, 1249.
;
:
Linea controlled by Consolidated Traction.
(1)
ALLEGHENY TRACTION.—
ORGANIZATION— Incorporated July 23, 1889. April 1, 1896, this
company was leased to the Fort Pitt Traction Company for 950
years at a guaranteed dividend of 5 per cent per annum.
STOCK
&
BONDS—
Stock, $500,000, par
Miles. Date. Interest. Outstand'g. Last div., etc.
5 p. o.
$500,000
See text.
$50
Guaranteed bondsEtna <fc Sharps-) .... 1893 5g. M-N 750,000 Nov. 1, 1923
burglstM. $750,000,g. 5 Trustee, Pittsburg Trust Co., Pittsburg.
Mill vale
Road— Including Millvale Etna & Sharpsburg, 18*3 miles of road.
(2) CENTRAL TRACTION —Cable and trolley.
LEASE— Leased from April 2, 1S96, to the Consolidated Traction for
950 years at 3 p.c. per annum d\i par value of $1,500,000 stock, see
1154— and in May, 1896, stockholders were offered privilege of
exchanging their stock for receipts, whioh were redeemed at $30 per
share on Oct. 1, 1896, in Consolidated Traotion Co. preferred stock at
V. 61, p.
par. In June, 1900, 29,133 shares of Central Traction stock (out of
30,000) had been so exchanged.— V. 62. p. 1087.
BONDS— Miles. Date. Interest. Outstanding. Maturity.
STOCK
8tock—par $50, \
} 30,000 shares
_
gee
&
seetext
3%
$
<$30paidup.
<;
s
^^
lstM.$>!75,000$
1889 5 J6
$375,000 July 1. 1929
cable line $500 I Interest at Union Trust Co., Pittsburg.
Bonds of Central Passenger Ry. controlled.
i894 6 A-O
125,000 Oot. 1,1924
4
1st M. $250,-)
000, $1,000.. Hnterestat Union Trust Co., trustee. Pittsburg.
Dividends— Feb. 1, 1892, $2 50 in stock In 1S96, Feb., 9 p. e. in cash;
In 1898, Nov., 1^ p. 0. in cash; in 1899, May, I 1* p. c. in cash; Oct. 31
1»S p. c; in 1900, May, Ha p. c.
Road— 8-5 miles of road, of which it controlled by ownership of
oapital stock, Central Passenger Ky., 3^ miles. —V. 62, p. 948, 1087.
:
(3) CITIZENS'
TRACTION— A cable and trolley
road.
1887. On Sept. 1, 1887, purchased the entire capital stock ($200,000) of the Citizens' Passenger
Organization— Incorporated July
which it now holds.
LEASE— Leased from Nov.
6,
Ry.,
1, 1395, to Fort Pitt Traction Co. (now
Cousol. Traction) for 950 years at 6 p. 0. per annum on $3,000,000 cap-
STREET RAILWAYS.
76
ital stock. In addition the lessee agreed to pay a lloatingdebt of $175,000, ami at maturity a mortgage debt of $1,620,000.— V. 61, p. 661.
Maturity.
Outstanding
Date. Interest.
BONDS—
STOCKS
See text.
(> M.-N.
$3,000,000 f.p.
Stuck ($50) fully paid
l, 1927
Oct.
1,188,000
18S7 5A.-0.
1st mortgage ($1,000) <
Not subject to call. \ Trustee, Fidelity Title <te Trust Co., Pittsburg.
&
Purchase money mortgs
Bonds of tinea whose storks are
Penn St Pass. Ry. IstM. 1892
Trausv'rse Pass Kv. 1st M. 1891
No. Side Pass. Ry. let M. 1892
Interest and dividends payable
Dividends—In 1892, 6 p. o.; in
120,000
owned.
$250,000
49,500
12,500
5 J.-D.
6 M.-N.
6F.-A.
at N.
1, 1922
1901
1902
June
Holmes & Sons, Pittsburg, Pa.
1893. 6 p. o.; in 1894, 6 p. o.; in 1895,
lease dividends are 6 p. o.
ROAD.— Owned and operated 30-5 miles of track on 15 miles of
street.— V. 60. p, 930; V. 61. p. 112. 516, 661.
5 p.
c.
(i)
Under the
DUQUESNE TRACTION— A trolley
road.
LEASE— Leased from April 2, 1896, to the Consolidated Traction for
950 years at 4 per cent on the $3,000,000 stock, but dividends for a
vear and a-half to be withheld for payment of floating debt of
$180,000. In May, 1896, stockholders were allowed to exchange their
stock for receipts', redeemed Oct. 1, 1896, at $37 per share in 6 per cent
preferred stock of Consolidated Traction Company at par. In June,
1900, 52,535 shares out of 60,000 had been so exchanged. See V. 62,
p. 1087,
Maturity.
Date. Interest. Outstanding.
STOCK & BONDS.—
See text.
Text.
$3,000,000
Stock ($50) fully paid Div. payable at Fidel. Title <fe Trust Co Pitts'h
July 1, 1930
Istmortgage
1,500,000
c* 1890 5J.-J.
Dividends were 5 per cent, J&J, but in 1893 and 1894 none paid
Feb., 1895, paid 2 p. o.; Aug., 2 p. c; in 1896, Feb., none; in l>«98, May
2. 1 p. c; Nov. 14, 2 p. o.; in 1899, May 5, 2 p. c; Oct. 31, 2 p. c: in
1900, May. 2 p. c.
Road— At time of lease in 1896 controlled 11 companies, with a
capital aggregating $249,700 and having 33* a6 miles of road.
—V. 60, p. 930; V. 61, p. /jj, 794, 1154; V. 62, p. 948, 1087.
•
,
(5)
(6)
Bonds. —
&
1st mort., gold, 5s...
($1 ,000)
&
—
.
Pitts.
gold, interest guar..
Brownsville Ave.
Ry. 1st mort
Severance.
McKEESPORT WILMERDING & DUQUESNE RAILWAYOrqanization— A reorganization on March
3,
1898, of the
McK.
D
Wilm. Ry. sold in foreclosure on Aug. 4. 1897, which included the
Citizens' Street Railway of McKeesport, the McKeesport & Wilmerding
and the White Electric Traction.—V. 65, p. 328. Stock, $350,000.
Bonds. $3^0,000 30 year, gold, 6s, subject only to $35,000 White
Traction 6s, due 1911.
Road— In July, 1899, had in operation 16 miles of track on 14 miles
of street. In 1898-99, gross, $60,639; net, $8,950.— V. 64, p. 707; V.
65, p. 328; V 66, p. 900.
MONONGAHELA
STREET RAILWAYbe included with the United Traction and the
This property
is
to
Consolidated Traction in the proposed new company which is being
formed and which will be ca.led the Union Traction Co.
Organization— On May 26, 1898, absorbed by consolidation the
Schenley Park & Highland, Homestead & Highlands, Braddock &
Homestead, and the Braddock & Duquesne (the latter then building). The old lines have been rebuilt and necessary new lines constructed to form a continuous double-track road from the boroughs of
Braddock, Duquesne and Homestead, to and through the boulevard
and park district of Pittsburg, and entering the business portion by a
trackage agreement with the Consolidated Traction Co. All of the
underlying bonded debt and stock of the companies merged has been
V. 67, p. 74. Bills payable July 1 , 1899, $240,000.
cars of this road f#bd those of the Wilkinsburg
East Pittsburg (owned by the stockholders of the Monongahela fctreet
Ry.) is to be supplied by the Monongahela Light cte Power Co.— see V.
69, p. 80. In teb., 1900, it was reported that the Wilkinsburg & East
Pittsburg and the Wilmerding Street Ry. had been consolidated with
the Monongahela Street Ry.
BONDS— Miles. Date. Interest, Outstand'g. Maturity.
Stock
Stock, $1,000,000
$1,000,000
mort.,
1898 5g. J-D
1,000,000 June 1. 1928
1st
$1,000,000, ) 17
Union
Trust
Co.,
Pittsburg,
gold
Trustee.
5
Road— Owns 25 miles of track, including branches; 90 lb. rails.
Repdrt— Year endin< June 30. 1899, gross, $124,806; net, $40,532;
interest and taxes, $30,555; surplus, $9,H77.
Officers— President. W. L. Mellon; Vice-President, A. W. Mellon;
Treas., R. B. Mellon.- V. 67, p. 74.
retired.
Power to operate
&
&
PITTSBURG & BIRMINGHAM TRACTION-
A trolley road.
Organization— Incorporated Aug 15, 1889; Nov. 19, 1889, leased
P. & B. Passenger Ry., including South Side Pass. Ry. Co. Has also
leased and operated since Dec, 1891 Pittsburg Incline Plane Co. and
Mt. Oliver Incline Plane Co.; operates also Birm. Knoxville & Allentown Traction Co. (See suit regarding interest paid on B. K. &, A.
bonds.— V. 62,
p. 989.)
St.
A-O
M-S
1891
1891
\
5
10,000
1901
6 g.
500,000 Sept. 1, 1931
Trustee, Fidelity Ins. Tr. & S. Dep."Co., Phila.
)
1896
)
$
5
Int. at
F-A
$300,000 Oct. 1, 1926
Dime Savings Bank, Pittsburg, Pa.
^
DIVIDENDS— For vear 1892-93 paid 2 p. c; in 1896, January,
p. c;
in 1897, (?) ; in 1898, Apr., 1 p. c, Oct., 1 p. c; in 1899, Apr., 1 p. c;
in
Oct., Us p. c;
1900, April, 1^ p. c.
Road— Operates 28*80 miles of track, laid with 00-lb. rails, as follows.
Main line, 15 miles; Brownsville Ave. Ry. (all its $300,000 stock
owned), 7"33 miles; inclines, 2 miles.
Annual REFORT-For the year ending June 30, 1899, carried
9,566,146 passengers, against 7,417,184 in 1897 and 7,549,306 in 1896:
1898-9.
1897-8.
Gross
$479,871
Exp. & taxes. 240,681
$436,202
222,702
Net
$213,500
$239,190
1897-8.
1898-9.
I
Rentals, etc
$35,693
Bond interest... 120,500
$42,429
117,436
BaL.sur.for y'ar. $82,997
30, 1899.
$53,635
I
|
|
GENERAL BALANCE SHEET JUNE
Assets.
Liabilities.
Cost of road
$1,372,288
26t>,600
Cost of equipment
Property & franchises.. $2,898,030
Stock of oth. compan's 1,003,550
Horses....
11,955
Accounts receivable...
129,752
Cash
25,246
Total
Stock
$3,000,000
1,500,000
810,000
1 47,000
44,238
Interest, etc., accrued.
36,572
Bills payable
23,389
Profit and loss, surplus
146,222
Bonds and mortgages..
Guaranteed bonds
Debenture bonds
Accounts payable
Total
$5,707,421
$5,707,421
Lines Leased to Pittsburir & Birmingham Traction.
MT. OLIVER INCLINE RY.— Owned, leased and operated by
& Birm.
Traction Co. Stock, $100,000. Bonds,
N., due Nov. 1, 1901, $44,500
PITTSBURG INCLINE PLANE-Leased
<fe
Birmingham Traction
10
p. o.
first
mortgage
Pittsb.
6s,
M.
&
for 999 years to Pittsburg
on bonds and
on $150,000 stock, free of tax, but dividends have been 9 p. c.
Co., at rental equal to interest
yearly, balance being carried to surplus.
Date. Interest. Outstand'g.
STOCK
BONDS—
Q-F $150,000
Stock, par $100, full paid
6J-J 150,000
1st M., $1,000 each
c* 1889
&
C
2nd mortgage
<
1890
Road— Road
6J-J
Maturity,
8ee text.
July
June
100,000
1,
1,
1929
1910
Subject to call on any June 1 after 1894.
( Int.
extends from
at Fidelity Ins., etc., Co., Phila., trustee.
Forty
on Bradford:
Pittsburg
Hill,
Street to Washington Avenue, on top of
nill.
PITTSBURG & CASTLE SHANNON
RR-
In Jan., 1900, Robert McA. Lloyd of New York City was seeking
options on the stock of this company.
Organization— Chartered Sept. 21, 1871. Besides operating the
STOCK
DUQUESNE INCLINED PLANE.
&
j|
.
& Ormsby
railroad this
S.
:.
.
Birm. Knox. &A.lstM.
;
President,
\
Ross Street mort
Guaranteed bonds—
14, 1887.
to operate 1,586 feet of track.
$3,000,000
See text.
1889 5 g.
1,500,000 Nov. 1,1929
Trustee, Fidelity Trust.Etc ,Co. of Philadelphia.
189 ° 5
A ~
147,000
1900
30,000
P am
$12 ,0 00
yoar\y
Maturity.
Text.
M. - N.
cM
B
Outstand'g
Interest.
334.
LEASE— Leased from April 2, 1896, to the Consolidated Traction for
950 years at 7 per cent on the $2,500,000 stock (see V. 61, p. 1154)
but l 1^ years' dividends to be used to pay floating debt of $250,000.
In May, 1896. stockholders were offered receipts for their stook,
which were redeemed at $70 per share on Oct. 1, 1896, in preferred
stock of Consol. Traction Co. In June, 1900, 49,500 shares out of
50,000 had been so exchanged. See V. 62, p. 948. Pittsburg Traction
owns the $250,000 capital stock of Bloomtteld St. Ry. and guarantees
the bonds.
Dale. Interest. Outstanding. Last div., etc.
BONDS—
STOCK
Text.
See text.
Text.
Stock, $2,500,000 (par $50)
Oct. 1, 1927
$750,000
lstmort.5s
c* 1887 5 A.-O.
Feb.
7,000
1, 1901
6 p. o.
P.O. & E.L. b'ds. ass'd
Guaranteed bonds
250,000 Aug. 1, 1923
BloomfleldSt. Ry.,lstcur.c*1893 5 F.-A.
Interest at Pittsburg Trust Co., trustee.
Stock -Issued 50,000 shares, on which $38 each has been paid.
Dividends— At company's office, Pittsburg. Dividends of 6 per cent
have been paid in 1895, 6 p. c; in 1896, none— see above. In 1898,
May 2, 2 p. c. was paid; Nov., 3^ p. c; in 1899, May 5, 3*a p. c; Oct.
31, 3^ p. c; in 1900, May 2. 3 ^ p. c,
ROAD.— Owns 12-67 miles of track. Bloomfleld St. Ry. owns 3 miles.
Road— Said
Date.
OFFICERS— President, Harrv Moore; Vice-President, A. C. Wettengel;
Secretarv and Treas., W. H. Rogers.— V. 67, p. 317; V. 69, p. 332,
FORT PITT TRACTION— See Consol. Traction Co.
PITTSBURG TRACTION— A trolley road.
Organization— Incorporated April
Stock
Stook ($50)
&
sells coal from its own mines.
Miles. Date. Interest. Outstand'g. Maturity.
company transports and
BONDS—
Stock
IstM., $500 and $1,000
1888
1891
Purchase-money mort
6F-A
None
$481,400
200,000 Aug.l, 19081
16,149
1901
81,641
Curr*ntliab.,J'ne30, '98
Road— Operates road of 40-inch gauge from Pittsburg to Arlington.
Pa., 6*2 miles, incl. two inclines of 1,375 and 2,112 feet respectively,
Annual REPORT— In 1897-8, gross, $58,932; net, $12,302; charges,
$17,120.
Bailey; Vice-Pres Thos. A. Noble."
OFFICERS— President, 'James
Sec. and Treas., E. J. Reamer.
M
,
pittsburg & west end passenger
railway-see west end traction.
ST. CLAIR INCLINE PLANE-A cable road.
Organization— Chartered Sept. 9, 1885. Road completed in 1889.
Stock, $150,000 f. p.; 1st mortgage, $1,000 each; 6s, M-N, $75,000.
due Nov. 7, 1909. Interest at Thomas Mellon & Sous' Bank. Dividends
—In January, 1893, 2^ per cent. Road is four-tenths of a mile long.
Earnings -For year ending June 30, 1899, gross, $17,894; net,
$6,568; int. and taxes, $5,150 bal., sur., $1,418.
OFFICERS— Pres. and Supt.,W. S.Hughes; Treasurer, R. B.Mellon;Secretary, n. A. Phillips. Office, 1 14 Smithtield St., Pittsburg.
SUBURBAN RAPID TRANSIT.
ST.
A trolley road.
RY-
Road — Operates 9 miles of track ou 9 miles of street. Capital
Funded debt, $200,000. Current liabilities June 30,
stock, $200,000.
18«9, $33,500. Year ending June 30, 1899, gross, $45,071; net, $12,046; interest and taxes, $13,286.
TRACTION-A
WEST ENDconsolidation
trolley road.
Jan. 1. 189^, of the Pitts. & West
Organization— a
End Passenger Ry., Pittsburg Craf to n & Mansfield, Pittsburg Neville
I.
&
Coraopolis and other companies.
STOCK
& BONDS— Ms.
Outstanding.
Last Div., etc.
$2,500,000
Inl898-9,5%
2,500,000
5 3 '3
600,000
Jan. 1, 193*
Trustee, Union Trust Co. of Pittsburg.
Dale.
Int.
Com.stk,$2,500,000
PL stk., $2,500,000
ConM <R1
500 000$"" 1898
oon.M
»i,ouu,uuu
—
^
ZTndorly'g I ans
Pitts. Cra'fton & ( 17 1894 5 J-J
250,000
July 1,1924
Mansfield 1st M. t Int.at Pittsburg Tr. Co., Trustee, Pittsburg, Pa.
Pitts & W. E. IstM. 16 1892 5 J-J
500,000
July 1,1922
Bonds— Of the portion of the 5s of 1898 still unissued, $750,000 are
to be used to retire underlying bonds and $150,000 for other purposes.
Road— Operates
45 44 miles of track.
the year ending June 30. 1899, gross. $394,-
Annual Report— For
661; net, $217,337; interest and taxes, $72,946; dividends, $125,< 00;
surplus, $19,391. In 1898, gross, $367, 159 net after taxes, $186,706.
Directors— President, J. C. Reilly; Sec, Wiu V. Callery.— V. 61, p.
612 V. 66, p. 860; V. 69, p. 542.
;
;
STREET RAILWAYS.
PITTSFIELD, MASS.
Loans and bills payable June 30, 1899, $102,000.
The bonds cover all the property, equipment and franchises.
Dividends—In year 1892-93, 4 per cent; in 1894, Aug., 3
Population in 1805 was 20.461; in 1800 war 17,281;
in 1880 was 13,364; and in 1870 was 11,112.
PITTSFIELD ELECTRIC RAILWAY.
1899, $SO,000; bonds, $55,000;
Organization, Etc. -stock Oct 1.
Bonds are gold 5s (J-.I), $30,000, macurrent liabilities, $12,558
4^*,
turing Jan. 1, 1904; $15,000 5s, due July 1, 1K><;, and $I0.0
due March ', 1909, interest at Third National Bank, Pittsneld, Mass.
Owns 1065 miles of track Tn 1898 stock was increased to $80,000
to build an extension or about 2 miles to Tillotsons. For year ending
;
interest, &c,
$5,923; dividends, 6 p. c, $4,800; balance, surplus, $8,222. Pres.,
Jos. Tucker; Sec, J. M. Stevenson.
net, $18,945;
Oct. 1, 1899, (.toss earnings, $73,076;
PLAINFIELD,
Population 1890 was 11,267;
and IN 1870 was
N.
in 1880
5,095.
J.
was
8,125;
trolley road.
PLAINFIELD STREET RY -A
miles of track. Exten-
Organization— This company operates ll-:i2
sions under way and projected. Jan. 1, 1 900, It had capital stock issued,
$100,000; funded debt, $100,000; other debts, $29,664; total cost
of road and equipment, $240,475. In 1898 the Westfield & Elizabeth St. Ry. was incorporated to build an extension of 12»* miles
double track from Plaintleld to Elizabeth. In year 1899 income from
passengers was $07,589:.other income, $225; net earnings, $19,368.
OFFICERS— President, T. A. Nevins; Vice-President, T. J. Fritts; Secretary and Treasurer, Adrian Riker.
trolley road.
WESTFIELD & ELIZABETH.-A
to build 12^ miles of
Organization —In 1898 was incorporated
double trak from Plaintleld to Elizabeth. In November, 1899, oblizabeth to operate a
tained a 75-vejir franchise from the city of
double-track'ltne connecting with the West Jersey <fc Elmora branch of
the North Jersey Traction Company. On Dec. 1, 1899, line was put
In operation between Plaintleld and Cranford, and on April 28, 1900,
full line was in operation from Elizabeth to Plaintleld. Also secured
control of the Rah way Electric Co., which operates the Rahway Electric Street Rv. and tlie Woodbrldge & Bewaren Electric Street Ry. In
June. 1900, the Rahway line was not yet connected with the main
line atWesttield, butexpected to he opened about July 1. Jan. 1, 1900,
stock issued was $150,000. In Dec 1899, made a temporary mortgage for $2 0,000 to the Fidelity Trust Co. of Newark. The company
agrees to give the city of Elizabeth $100 per mile for every mile of
street occupied with tracks for the first five years and 5% of gross
'
.
C
receipts annually thereafter.
OFFICERS— President, Chandler W. Riker; Vice-Prest. and Treas.,
Adrian Riker; Secretary. Edwin W. Hine. Office, Lawyers' Bldg., 164
Market Street. Newark, N. J.— V. 69. p. 1302.
PLATTSBURG,
N. Y.
Population 1898 was 10,000; in 1890 was 9,500;
was 8,283; and in la70 was 8,414.
PLATTSBURG TRACTION
CO.-A
in
1880
trolley road.
Organization, Etc.— Chartered in 1896. Capital stock, $100,000
(par $100). First mortgage 6 p. c. gold bonds of 1896, due 1926; int.
at Continental Trust Co.. Trustee; authorized $100,000, issued
$80,000 to June 30, 1899. For year ending June 30, 1899, gross,
$17,184; net, $6,691. In 1897, gross, $18,439; net, $6,846.
Road— Owns 6*2 miles of track; rail, 50 lbs. Prest., E. N. Sanderson.
J^-J.,
1895, 6
6 p. c.
p. c.; in
in 1895 was 7,957; in 1890 was 7,314; in
WAS 7,093, AND IN 1870 was 6,238.
for
England Street Railway Co., which see under New Haven, Conn.
In 1899 this stock was sold 1o the parties identitied with the proposed Plymouth & Brockton. The latter will build a road from the
terminus of the Plymouth & Kingston, at Kingston, to Brockton via
Whitman.
STOCK
&
.
.
Interest.
OutstaiuVg.
See below.
$100,000 f.
35,000
Vale.
Bonds-
Stock $100,000 ($100)
.
mortgage
Real estate mortgages
1st
(1890
^
Int
5
J-
payabi e at internat'l
is
Last div., etc
p.
'98-9,
Jan.
1,
1910
Tr. Co., Boston.
c.
-
OtheVincome.-j
^
<
5,228
5,172
Officers— President, C. H. Frenoh, Canton, Mass
E. Chapman; Supt., Benj. F. Sherburne.
Int., taxes, etc...
p.
c; in 1898,
Gross earns... $335,865
Net earnings. 121,144
29,912
Interest
Treasurer, O.
Population 1890 was 13,543 in 1880 was 8,883;
and IN 1870 WAS 5,973.
;
CITY ELECTRIC RAILWAY. -A trolley road.
Shore Line Rail-
—
&
PORTLAND, ORE.
Population 1890 was 46.385;
CITY &
in 1880
PORTLAND RAILROAD.-
Organization— Chartered March 19, 1863, under laws of Maine. At
ameeting Jan. 21, 1895, the stockholders voted to equip the entire
road with trolley and to issue part of the authorized issue of first mort
gage bonds to meet this expense.
In 1899 purchased the Portland & Cape Elizabeth, which since Feb.
28, 1899, has been Included in its operations and accounts.
BONDS—
Miles. Date.
Interest.
Outsl'ng.
Maturity.
$999,318 See text.
Port.RR.lstM. $500,000 g 16*3 1893 4iflg. M-N 500,000 May 1, '13
Portl. & Cape Eliza. 1st > .... 1895 5 g. M-N 400.000 Nov. 1, '15
M. $400,000 g. ($1,000) s Int.at American L.&Tr.Co.,Boston, trustee.
....
6 F.-A.
was
17,577.
SUBURBAN RY—Trolley and steam road.
Organization— Incorporated in 1891 as successor to the Willamette Bridge Ry. and Trans-continental Street Ry. In April, 1899,
acquired all the stock of the Portland & Fairview at 20 cents on the
dollar.
STOCK
&
BONDS—
Interest. Outstandg.
Date.
Maturity.
$753,300
6M-S 100,000 Sept. 1, 1919
< 1889
( Interest at Am. Loan <fe Trust, Boston.
&*.yb52tSro%'i"i& \ 1891 «* A " O 110 000 Apr. 1. 1921
740,000 Sept. 1, 1916
City & Sub. consol. M., not( 1891 6g. M- 8
subj. to call, $100 each, g.. < Int'st at See. Sav'g <fc xr. Co., Portland.
Bonds.— City & Suburban consolidated mortgage is for $1,000,000, o
which $210,000 is reserved for the prior liens and (February, 1897,)
$50,000 for other purposes. Mortgage trustee is the Security Savings
& Trust Co., Portland.
Road.—Operates 58 miles of track, including thirteen different lines, of which eleven start from the corner of Third and
Yamhill streets. Runs to Mt. Tabor and St. Johns.
About 8
miles are operated by steam and 50 miles by trolley. Rails 30 and 40
b. T and girder; 37 electric cars and 2 passenger coaches hauled
by steam motors. Operates also, under leaee. Metropolitan Ry., 7 m.
Officers.— President, T. Woodward; Sec. and Treas., C. F. Swigert;
General Manager, H. C. Campbell.
$1,000,000 ($100)
Willamette Bridge Ry., 1st
mortgage, $100 each
St'k, auth.
W
'
INDEX-V.
62, p. 86.
CITY &
WEST PORTLAND PARK MOTOR.
Organization— Chartered April
4,
except that for trolley, which runs
till
&
Bonds—
Date.
$100
<
Franchise
1889.
1912.
Interest.
is
perpetual
Maturity
$100,000
100,000 Julyl.1911
Outstanding.
6J-J
Not subject
1891
{
to call.
&
Savings Bank, trustee, Chicago, 111.
Road -Owns 7 miles of track in Portland, extending to suburbs of
West Portland Park. Trolley, 1 m.; steam, 6 m. Rails 35 and 50-lb. T.
Extensions of 12 miles and electrical equipment of present lines proposed in 1901.
Officers— President, E. T. Johnson; Vice-President, Treasurer, Gen.
Manager and Purchasing Agent, T.A.Wood; Secretary, W. HoseaWood.
Interest at Illinois Trust
CONSOLIDATED STREET RAILWAY- -See
EAST SIDE RAILWAY-A trolley and steam road.
in July, 1892. The company went into
1893, before the first coupon on its bonds
matured. In July, 1899, decree of sale was signed, but matter taken
to Court of Appeals, where it still remained in June, 1900.
STOCK
Bonds— Miles. Dale. Interest. Outttand'g. Maturity.
Organization— Chartered
receiver's
hands Dec.
8,
&
Stock, $250,000
$250,000
mortgage
1893 6 g. M-S 300,000 Mar. 1. 1923
J....
$300,000 gold
i Trustee Secu. Sav. <feTr. Co., Portland, O.
There is also a second mortgage and receiver's certificate, all the
latter and all the first and second mortgage bonds being owned, in
Nov., 18.^9, by Morris & Whitehead, bankers, of Portland, Oregon.
ROAD— Operates 23 miles of road on the east side of the river, including the line to Oregon City (falls of Willamette Riven, 15 miles, which
was completed March 1, 1893, and to Gladstone and (Gladstone Park.
The total cost of the system is said to have been $525,000.
EQUIPMENT—Electric motor cars, 19 trailers, 4 steam motors, 3.
1st
;
PORTLAND RAILWAY-An
Organization— a reorganization
in Julv,
1898, in
electric road.
in l^it; of (he
consolidated street
Ry.. sold in foreclosure Jan. 8, L896. On March 1. 1900, consolidated
with the Pi rtland Traction, the latter company deeding its property
to the Railway Co. No additional stock and bonds were Leaned for
this purpose. V. 70, p. 94(>. The Portland Traction, while it thus no
still
maintains
its
organisation,
inteiest in the stock of the
Portland Railway.
;
&
1899
Organization Owns road from Portland, Me., to Yarmouth, via
Deering, Falmouth and Cumberland. Road, 13 miles, operated since
August, 1898.
Maturity.
Date. Interest. Oulstand'g.
BONDS—
STOCK
$110,500
8tock (par$t00)
1897 5 g. J-J $215,000 July 1, 1917
1st mort., $215,000, gold. <
not subject to call
o* I Int. at Mass. Loan & Trust Co., trustee.
Officers— Manager, 8. E. Whittaker.
and as a company owns the controlling
POPULATION 1890 was 36.425 in 1880 WAS 33,810;
and in 1870 was 31,413.
STOCK
c; In
PORTLAND & YARMOUTH ELECTRIC
RAILWAY—A trolley road.
longer owns any track or equipment,
PORTLAND, ME.
8tk.auth.$ 1,000.000, $100
p.
in
$7,476 $6,454
29,709 29,658
Surplus for year. ..54,047 33,392
Total surplus
79,110 54,398
Officers— President, Wm. R. Wood; Secretary, Treasurer and Pur
chasing Agent, E. A. Newman. Office, Portland, Me. V. 68, p. 381.
Officers— Receiver, C. H. Prescott, appointed
place of Joseph Simon.— V. 69, p. 283.
PORT HURON, MICH.
<fe
;
Taxes
Dividends
$302,126
94,569
25.065
;
Has been consolidated with Detroit Port Huron
way, which see under Detroit.
p.'c
Ha% Portland Railway.
On demand.
7,000
37.000
Unf'd debt Sept. 30.'99
Dividends of 7 per cent per annum were raid in year 1892-93; in
1893-94, 6 p. c; in 1894-95, 9 p. c; in 1895-96, 6 p. c; in 1896-97, 6
p. o.; In 1897-98, 6 p. c; in 1898-9, 1*2 p. c.
ROAD— Operates 8-75 miles of trolley track, extending from Plymouth to Kingston; sidings, etc, 43.
Earnings— For years ending Sept. 30 earnings have beenj
"1899.
1899.
1998
1898
Gross earnings.. $42,027 $34,107 Dividends paid... $1,500 $6,000
928
Bal. for year.... def.5,383
13 000 Bal. Sept. 30.. def.3,481sur,3,521
5*2 p.
c; in 1897, 6
and $1,000
1880
RY.PLYMOUTH & KINGSTON STREET
trust
the New
in
p.
-
Stock, $100,000
1st M., $100,000, gold,
PLYMOUTH, MASS.
ORGanization— In 1894 stock was mostly held
1896, 6
ROAD— Including the Portland & Cape Elizabeth, operates 39 59
miles of line and 51-32 miles of track in Portland, Deerlug and Westbrook.
Annual Report— For the years ending June 30 as below:
1899.
1898.
1899.
1898.
STOCK
Population
77
Stock
&
BONDS.—
Date.
8tock,com.,$7O0,000,$100
Pref., 5 p.c, uon cum.
$100,000
Mult'mahSt.Ry.
Gold
1st M.g.
o*
)
\
Interest. Outstanding.
Last Die,
etc.
$700,000
100,000
148,000
5 J-J
1890
Int. at
6g. .1-1)
Am. Tr.
&.
June 1.1910
Sav. Bank. Chicago, trus.
vV Vancouver Ry..c* 1889
100,000
6
Port.Ry.lstcon.M.,g. c* ) 1896 5g. J-J
552.000
Jan. 1, 1916
subj.tocalljan.1,1906.. { Interest at Mercantile Trust. >". Y.. trustee.
Portland Railway tlrst consol. mortgage is for $2,500,000 ($250, $500
and $1,000) of which bonds for $2 48.000 are reserved to take up at
maturity the Multnomah and the Port, .fc Vancouver bonds, $497,000
issued in reorganization, $55,000 for betterment, balance authorized as
required at $20,000 per mile for new road. Consols have a sinking fund
Port.
STREET RAILWAYS.
78
c. per annum, beginning Jan. 1, 1906, and are redeemable at
The mileage covered by present mortgage
par and accrued interest.
debt is 26 miles. The Portland Rv. is not responsible for interest on
the Metropolitan Ry. 1st morteage 6s, of which $145,000 are outstand.
ing but were not included in the reorganization.
Road— Owns 28 miles of electrio and 2 miles of cable; total, 30
laid with 40-lb. T and 38-lb. girder rails
miles; 3 ft. 6 in. gauge
operates 55 electric motors, 13 trail cai s. 1 <> grip cable cars and6 other
cars; total, 90 cars. Power is furnished by the Portland General
Electric Co. Two extensions are contempated, which will probably
be made during present year.
Earnings— Fiscal year ends December 31. Earnings include Metropolitan Ry., which for 1895 showed a deficit under operating expenses.
*f 5 p.
sVock
&
Bonds—
Dale.
Interest.
Stock, $30,000 (*50)
1st
<RSO (.0(1 ($1,000)..C
ffcl OOOl eJ
ISt M. $.iO,COO
J-D
M
Outstanding.
Maturity.
$15,000
30,000
.
1899
June 1, 1929
Jul
5
_J Iat ar Real Egt Tr Co
phUa ^ ^ rustee.
(()) PEOPLE'S RAILWAY— A trolley road.
Organization -Leased to Pottsvile Union Traction Co
;
1893.
1894.
1895.
$248,432
$170,977
$167,822
85,053
41,688
38,800
Officers— President, O. F. Paxton; Vice-President. W. H. Crocker;
Secret a rv. Frank L. Brown, 8 & lo Pine St San Francisco Treasurer.
G«n. Man., F.I. Fuller; Auditor, J. F. Batchelder.
J. C. Airisworth
Directors—J>. O. Mills, New York; Win. H. Crocker, San Francisco; J.
C. Ainsworth, O. F. Paxton and F. I. Fuller, Portland, Ore.— V. 70, p.
Gross earnings
Net earnings
;
,
:
946.
PORTSMOUTH, VA.
PORTSMOUTH STREET
Y.
IN.
POUGHKEEPSIE CITY & WAPPJNGERS
FALLS ELECTRIC RAIL WAY-A trolley road.
&
Miles. Date. Interest. Outstand'g. Maturitu
Stock
BONDS—
y
8t'k.$750,000,par$100
$750,000 f.p
1st M. gold $1,000 s. f. <
20 1894 5 g. J-J
396,000 Julyl"i<»24
nooption
c*. (Trustee, Cent. Trust Co., N. Y.
Int.inN.Y.City.
Bonds—The, bonds are limited to $25,000 per mile of completed
trolley roid. $10,000 of this being issuable when track is laid and remaining $15,000 when equipped with trolley. No bonds can be issued
In excess of $500,000 " nntil the stockholders of this company shall
consent to such excess in the manner provided by the laws of the State
of New VorK." Sinking fund, beginning Jan. 1, 1897. equal to 1 per
cent of the " bonds issued hereunder"; bonds purchased at not exceed'
ing 110.
ROAD— Owns 15-60 miles of road
m.; total, 17-33 miles of track.
Population 1890 was 13.268; in 1880 was 11,390.
—V. 62, j). 86.
Organization—Chartered
Dbc, 1918.
Stock & BONDS—
POUGHKEEPSIE,
Population in 1890 was 22,206; in 1880 was 20 207and IN 1870 was 20,080.
RAILWAY-Trolley.
;
second track, 1-14
in.;
sidines -59
'
EARNINGS— Year ending June 30, 1899, gross, $85,656; net, $39 961interest and taxes, $20,273; dividends, 2 per cent, $15,000; balance*
surplus. $4 688.
OFFICERS— President, J. W. Hinkley, 489-493 Main St., Poughkeepsie
N. Y.; Secretary and Treasurer, Silas Hinckley, Poughkeepsie.
'
in 1887.
Municipal franchises expire in
'
Date.
Interest. Oulstand'g.
Maturity.
$50,000
Stock authorized $200,000
Jan., 1926
500,000
5 g. J-J
a.-nnnnn
S
1st mortgage $500,000
Mercantile Trust Co., N. Y., trustee.
|
1920
1900
(?)
M. for $100,000
rn 1900 made a mortgage for $100,000 to the Colonial Trust Co. for
PROVIDENCE,
R.
I.
improvements and extensions.
Population in 1900 (estimated) was 173,000; in 1890 was 132 043
AND IN 1880 WAS 104,856.
Road— Owns 11 miles of track. Rails 30 to 57 lb. President and
Gen. Manager, H. G Williams; Treasurer, M. H. Leonard.— V. 62, p.
ISLAND SUBURBAN-UNITED
86, 234; V. 70, p. 946.
PROVIDENCE-PAWTUCKET-RHODE
TRACTION & ELEC-
TRIC.
ORGANIZATION
United Traction <£ Electric Company, chartered in
Jersey, owns the Union Railroad Company of Providence the
Pawtucket Street Railway Company and the Rhode Island Suburban
Railway Company, awd thus controls the entire street railway systems of the cities of Providence, Pawtucket and Central Falls (except
the Dter-State Consolidated) and of the counties of Kent, Washington
Bristol and Providence, serving a population of about 275,000
The entire capital stock of the new B. I. Suburban Ry. ($5,000 000)
is held.
See statement of that company below.
Date.
Interest.
Outstanding. Div.,Mat Etc
STOCK
BONDS—
Stock
Q-J
$8,000,000 July,
1900 1%
J.-^w.Vfr
United Tr.&Elec. Co.,) 1893
~
=
1UQ o
„ M
n\i*«n«« Mar.
8,453,000
1, 1933
Prov &. Paw issue V lnleresl 5 g. M. - S.
Payable at Central Tr., N. Y., Trustee.
1st (coll.) M. $1,000, 5
New
POTTSVILLE, PA.
Population 1890 was 14,117; in 1880 was 13,253,
and
in 1870
was
12,384.
POTTSVILLE UNION TRACTION.-A
trolley
Organization— On May 15,1899, the Pottsville Union Traction was
incorporated at Hairisburg (charter perpetual) for the purpose of
consolidating the following lines, which are operated by virtue of
control of stocks and of leaseholds Schuylkill El. Ry. Co., Pottsville &
Reading Ry. Co., Tamaqua & Pottsville Electric RR., Schuylkill
Haven & Orwigsburg St. Ry., Coal Castle Electric Ry., People's Ry.
:
Company
of Pottsville.
&
—
Interest.
Outstand' g.
Maturity.
Date.
cJtock
BONDS
$1,250,000
Stock, $50. full paid
1,000,000 Feb. 1,1925
5 g.M-S
1st M., $1,250,000 gold. J 1899
$500 and $1,000... c* \ Int. at Real Estate Trust Co., Phila., trustee.
BCNDS— Of toe $1,000,< 00 issued, $750,000 have been deposited
with the trustees for the purpose of retiring all outstanding bonds of
the above leased companies; the $25<>,< 00 bonds unissued is reserved
for acquiring additional mileage and necessary equipment for same.
The company has no floating debt.
ROAD— Owns and operates 39 3-10 miles of track; standard gauge,
60-lb. T and 70- lb. girder rails; operates 43 motor and 7 trail cars.
OFFICERS—President. Clarence P. King; Vice-Pres., Thos. B. Prosser; Secretary, William C. Pollock, Jr.; Treasurer, Jos. B. Hoellman;
Supt D. J. Duncan. General office, Pottsville; President's office, 721
Walnut St., Philadelphia.
Latest Earnings— 5 months, 5 1900... Gross, $48,722; net, $21,204
43,221; net, 18,298
I 1899... Gross,
Jan. 1 to May 31.
—V. 69, p. 441.
,
(1)
SCHUYLKILL ELECTRIC RY.—A trolley
road.
Organization— Chartered on Oct. 5, 1889, for 99 years and leased
to the Pottsville Union Traction Co.; franchises perpetual.
Interest. Outstanding. Maturity.
Date.
STOCK & BONDS
$650,000
Stock, $6o0,Ou0 ($50).
1st mortgage, gold. c*) 1895
500,000 Feb. 1, 1925
6 g.F-A
Real Estate Trust Co., Phila., trust.
$500,000($500&$1,000 3
Earnings—Year ending June 30, 1899: Gross, $127,110; net, $61.963; int., taxes, rentals, &c, $41,976; balance, sur., $19,987; in 1898,
gross, $109,638; net, $41,824; int., taxes, rentals, &c, $58,597; balance, deficit, $. 6,773.
Int. at
(2) POTTSVILLE & READING RAILWAY.— A trolley road.
Organization— Chartered on May 5, 1892, for 999 years, and
is
leased to the Pottsville Union Traction Co. Its securities, etc., are
as follows
Interest.
Outstand'g.
Maturity.
Date.
BONDS
STOCK
$56,600
Stock, $100,000 ($50 par)
100,000
Feb. 1, 1925
6g.
1st M. gold, c* $100,000) 1895
) Int. at Real Est. Tr.Co., Philadelphia, Trus.
($1,000)
&
FA
(3)
TAMAQUA & POTTSVILLE ELECTRIC RY.—A trolley road.
Organization— Chartered on May 5, 1892, for 999 years, and is
Franchises are for 999
leased to the Pottsville Union Traction Co.
years.
Outstand'g.
Interest.
Maturity.
Date.
Bonds—
Stock
$60,000
Stock, $60,000 ($50)
60,000 Jan. 15, 1925
1895
6 J-J
1st M. $250,000 ($500
Int. at Columbia Ave. 8av.Fd. T. & Tr. Co.,
$1,000) C*
Philadelphia, Trustee.
&
$
(4)
SCHUYLKILL HAVEN & ORWIGSBURG STREET RY.—
Organization—Chartered on March 4, 1898, for 999 years and
leased to Pottsville Union Traction Co. Franchises perpetual.
Interest. Outstand'g.
Maturity.
Date.
STOCK & BONDS—
8tock, $60,000 ($50)
-i
K t\T
nnn\ o*
M. «finnnrt«Ri
1st
$60,000 ($1,000).
c
(5)
g
Dividends— In July, 1897, the first dividend was paid, being ^ p
•
Oct., is p. c; in 1898, 4 dividends of 84 p. c. were paid; in 18y9, 1 of %
p. c. and 3 of 1 p. c; in 1900, Jan., 1 p. c; April, 1 p. c; July, 1 p. 0.
Bonds—TotaliS8uelimited to $8,000,000, with provisions f orincreasinjr
by not over $1,000,000 for actual cost of new track (including
the issue
equipment) within 18 miles of the City Hall of Providence, R. I and
additional to 104 miles of track, but at a rate not exceeding $12,000 per
mile of such new track. Under this provision $456,000 of bonds had
been issued up to Jan. 1, 1900, against new mileage.
Securities Pledged.—The securities pledged include all of
the $9,000,000 capital stock of the Union RR. of Providence all of
the $500,000 capital stock of the Pawtucket street Ry. (no bond's) and
all of the $3,000,000 first mortgage bonds of the Union RR. of Providence. The Union RR. owns $^99,800 of the $300,000 capital stock of
the Providence Cable Tramway Co. (no bondsi.
TREASURY SECURITIES—The United Traction & Electric Co. has in its
treasury the entire capital stock ($5,000,000) of the Rhode Island
Suburban Ry.
The Providence Cable Tramway Co. is leased to the Union Railway
Co. for 50 years for 6 per cent on its capital stock, all but two shares
of
which is owned by the Union Railway Co.
ROAD.— In June, 1900, there were completed and operated by
COAL CASTLE
$30,000
5MN
60,000 May 1, 1928
p hilaM Trustee.
ELECTRIC RY—A trolley road.
.
I
£
^
1898
at Real Est Tr Co #<
Organization— Chartered on March
leased to Pottsville Union Traction Co.
10, 1899, for
99 years, and
elec-
177 miles, which include 11-1 miles of Pawtuxet Val. El St Ry
All the above-described roads of the United Traction & Electric Co.
including the Providence Cable Tramway, are now operated by electricity, and since completion of the electrical equipment in April, 1894
'
the large increase in the earnings anticipated has been fully realized.
months
ending
Mav 31, 1900, gross, $865,295;
LATEST Earnings— 5
in 1899, $744,0^7.
Yearly Earnings—Fiscal year ends Dec. 31. Earnings have been:
Tears end. Dec. 31—
Cross.
Net.
tricity
1895
1896
1897
1898
1899
Net
$1,634.614 46
$612.938 18
1,723,474 68
63,338 71
1,731,474 51
760.112 22
1,774,199 63
750,186 38
2,019.009 00
861,737 84
is the result after deducting taxes, repairs, damages, etc.
OFFICERS—President, Nelson W. Aldrich; Vice-President, Marsden
J. Perry; Treasurer, Cornelius S. Sweetland of Providence,— V 65 ' i>
464; V. 68, p. 525, 1027; V. 70, p. 176, 177.
(1) R.
I.
SUBURBAN RY.—A trolley
road.
Organization— Chartered by the Legislature of the State of Rhode
Island in 1899 to construct, maintain and operate railways (other than
steam) in any part of the State except Newport County; has also the
right to transport freight, express matter and United States mail.
The corporation was formed to obtain the rights of the United Traction
& Electric Co. in the Warwick & Oakland Beach branch of the N. Y. N.
H. & Hartford Ry., which has been converted into an electric road.
Has also acquired the Pawtuxet Valley El. St. Ry. of 11 miles and the
Cumberland St. Ry.
Date.
Interest. Outstand'g.
STOCK & BONDS—
Maturity.
Stock, $5,000,000
$5,000,000
.
..
Jan. 1, 1950
1.025,0
1st
c ($1 000) " euar ( 190 ° 4 g J_J
Union Trust Co " Providence, Trustee,
&*f
$o,OUO,OUO.
000 .c
v &
1., $5000
c* ]£
p.
In( at office Qf tne Ry Cq ^ Providence
The United Traction & Electric Co. owns the entire capital stock,
and guarantees the bonds, principal and interest.
Bonds.— Future issues are to be on property actually acquired to an
amount not exceeding cost, there being reserved in the hands of the
trustee $318,000 to take up and retire $247,200 5 p. 0. gold first
mortgage bonds of the Pawtuxet Valley Electrio Street Railway
Company and $70,000 6 p. c. gold first morsgage bonds of the Cumberland Street Railway Company, the former issue being guaranteed, principal and interest, by the United Traction
Electric Company, which guarantees the payment of the interest on the Cumberland bonds.
m
*
'
trolley road.
is
&
.
-
t
.
&
STEEET RAILWAYS.
Securities Pledged— 70O shares of the Cumberland St. Ry. Co.;
3.984 shares of tho Pawtuxot Valley Elect. St. Ry, Co; and 5,000
shares of the Barrington Warren & Bristol St. Ry. Co.
ROAD— Owns and operates 35 miles of track.
OFFICERS— Pres., Hon. Nelson W. Aldrioh; Vice-Pres., Marsden J.
Perry; Sec, H. V. A. Josiiu; Treas., Cyril A. Babcock, all of Providence. Main oflice, Providence, R. I.— V. 70, p. 176.
PUEBLO, COL.
Population in 1890 was 24,558
and
in
in 1880 was
1870 was 666.
;
3,217,
PUEBLO TRACTION & ELECTRIC-A
trolley
road.
Organization—This company
is
a consolidation in 1899 of the
Pueblo Electric Street Railway Co. and the Pueblo Light
& Power Co.
Maturity.
$500,000
Stock $500,000 (par $100)
566,000 June 1,1919
First mortgage, $750,000,) 1899 5 g. J-D
(Int. at Am. l,. & Tr. Co., Boston, trustee.
gold ($1,000 each)
ROAD— Owns 21 miles of track, all in city of Pueblo. Rails 35-lb. T.
OFFICERS— President, M. D. Thatcher; Vice-Pres. and Treas., Andrew
McClelland; Secretary, John O.Albert; General Manager, John F.
Vail— V. 67, p. 530, 902; V. 68, p. 475, 1183.
Date.
STOCK AND BONDS
Interest. Oulstand'g.
QUINCY,
ILL.
Population 1890 was 31,494; in 1880 was 27,26b
AND IN 1870 WAS 24,052.
& CARRYING COQUINCY HORSE RY.
in the United States District Court for
In March, 1899. Judge Allen
the Southern District of Illinois decided that this company, under its
aot of incorporation, has an exclusive right to operate a street railway
in Quinoy for fifty years from Feb. 11, 1865, and he enjoined the J. O.
Hubinger Company from constructing a road under an ordinance
granted bv the City Council.
Outstanding.
Maturity.
Interest.
Bonds— Date.
Stock
$600,000
Stock, par $100
140,000
Oct. 1, 1910
5 A-O
1st mortgage, $500 $ 1890
each
\ Trust's, E. J. Parker, J. F. Carrott, Quincy, 111.
$310,000
Oct. 1, 1918
5g. A-O
lstconsol. M. $550,- J 1898
c*. ( Int. at Portland Trust Co., Portland, Me., Trus.
000, gold
Interest on first mortgage payable at Quincy (111.) Trust Co.
Of the 5s of 1898, $140,000 will be used to retire the 1st 5s and
$100,000 retained by trustee for future extensions and improvements.
Earnings—For 1899, gross, $91,920. In 1898, gross, $81,363.
ROAD— Operates 15 miles of track.—V. 67, p. 372, 737.
OFFICERS— President, Geo. F. Duncan, Portland, Me.; Sec., W. B.
McKinley, Quinoy, 111.; Treas., Henry f Cox; Supt., H. E. Chubbock.
&
.
RACINE, WIS.
7^
OFFICERS— President, James D. Patton; Vice-President. Fritz Sitter
ding; Secretary and Treasurer, Andrew Welch, Richmond, Va.
York office. 37 and 39 Wall St. -V. 66, p. 123%; V. 69, p. 334, 591, 646,
1346; V. 70, p. 231, 281, 792, 842, 947, 1151, 1196.
New
RICHMOND TRACTION
CO.
An
electric road.
ORQANIZATION-Incorporated Aug., 1895. First division of roadopened
for business J une20, '96. Operation of entire system commenced Apr.10,
1897. This company operates a double-track electric line the full
length of Broad Street, one of the principal thoroughfares of the city of
Richmond; also several branches radiating into different thickly populated sections of the city.
The tracks of the company within the city are laid with 95-lb. steel
girder rails on white oak cross-ties and for a considerable portion of the
distance embedded in concrete, and along streets paved with granite
blocks. The lines in the suburbs are laid with 60-lb. steel T rails. Company owns its power house; brick and steel car house, etc. Population
of Richmond and suburbs, including Manchester, estimated at 115,000.
Date.
Interest. Oulstand'g. Maturity.
BONDS—
STOCK
Stock, $600,000 ($50)
$600,000 J'yl 900,2%
lstM.,$500,000,g.($l,000).c* 1895
5g.J-J
500,000 Nov 1,1925
(Sub), to call 105 after July 1, 1900.) Trustee, Maryland Tr. Co.. Bait.
Interest payable at Maryland Trust Co., Baltimore, or banking house
of John L. Williams & Sons, Richmond.
Mortgage covers entire property and franchises, also power house,
carbarn, etc. Sinking fund of l l4 p. c. annually of all bonds issued
begins July 1, 1900.
Dividends.— Semi annual dividend of 2 p.c. will be paid July 2, 1900.
ROAD— Total track is le^ miles. Equipment 31 open oars, 4 closed
cars equipped with double "G. E. 1,000" motors, 3 trailers and 20
closed cars; 1 snow sweeper; total 59 cars.
EARNINGS— Fiscal year ending 8ept. 30, 1898. erross, $142,272; operating expenses, including accident reserve, $88,735; net earnings,
$53,537; interest and taxes, $38,606; surplus, f 14,931. For 1896-7;
fross, $124,505; net, $38,730; interest and taxes, $31,126; surolus,
&
7,604.
Gross, $99,198; net,$42,394
Gross, 81,779; net, 31,092
OFFICERS— President, E. L. Bemiss; Vice-Pres., E. R. Williams;
Supt., S. P. Cowardin; Sec, Everett Waddey; Treas., R. L. Williams.—
V. 61, p. 472, 831, 1179; V. 64, p. 1043.
Latest Earnings—
l899-*oo
1898-'99
5
Seven months to Apr. 30
\
ROANOKE, VA.
Population 1890 was 16,159 and in 1880 was 669,
RAILWAY &ELECTRIC.-A
ROANOKE
Population
Roanoke estimated
trolley
1897 at 20,000.
Organization— The Roanoke Street Railway and the Roanoke Electric Light & Power were both sold at foreclosure August 1, 1899, and
bought by the reorganization committee, consisting of Charles R.
Spence, Second Vice-President of the Mercantile Trust & Deposit Co.
of Baltimore, Major Richard M. Venable and S. Hamilton Graves. The
of
road.
in
company was then formed.
Dale.
STOCK & BONDS
present
Population 1890 was 21,014 in 1880 was 16,031;
and in 1870 was 9.880.
BELLE CITY ELECTRIC CO.-A trolley road.
This property was in 1899 acquired by the Milwaukee Electrio Railsee.— V. 68, p. 619.
way & Light Co., which
READING, PA.
Oulstand'g.
$200,i'00
Interest.
Stock $200,000 ($100)
Maturity.
IstM
«300 000 ($i,uuu)
($1 000) g.
e $ 1899 5 g. J - O 300,000 Dec. 1, 1949
istM. $rfuo,ouo
2 int. at Mercantile T.<fcO.Oo.,Balt,,trustee
1899 4 g. J - D 190,000 Dec. 1, 1949
2nd M. income, gold
J
($10O-$5tO) $190,000
\ Mercantile Tr. & Dep. Co., Bait., trustee.
ROAD— Operates 14 miles of road in city of Roanoke, extending also
8 miles to Salem, Va.; total track, 22*2 miles.— V. 68, p. 1183; V. 69,
p. 82, 284, 334.
Population 1890 was 58,661 in 1880 was 43,278;
and in 1870 was 33.930.
See "United Power & Transporta
UNITED TRACTION—
OFFICERS— President, Henry
Hey ward, 1 Broadway, N. Y,;
Trout, Roanoke; Vice-Pres., J. F.
Treasurer, J. B. Fishburn; Secretary,
8.
ueorge McCahan, Roanoke.
tion Co." under Philadelphia.
ROCHESTER,
RICHMOND, VA.
Population
in
1900
(est.),
In 1890
100,000.
and in 1880 was 63,600.
[Including Manchester and suburbs, population
at 125,000.]
RICHMOND PASSENGER
Electric railway
and
&
in
was
1900
81,338,
is
estimated
POWER CO-
lighting.
This company is successor of the Richmond Railway <fe Electrie Co.,
having acquiied that property, together with all its allied lines. To
the new company a special charter was granted by the Legislature of
the State ot Virginia in March, 1900, giving it power to own. build
and operate railway lines. The City Council of Richmond had previously (in February. 1900,) xiven to the company a comprehensive
franchise, running thirty years, and covering the various streets upon
which the different lines of the Richmond Railway <fc Electrio Co. system were located.
Road AND Plant-— The company operates about 70 miles of track
iu Richmond and Manchester and iheir suburbs, thus furnishing
transportation facilities to about 125,000 people. [The Richmond &
Manchester, having about 12 miles of track, is In the hands of a tern
porary rtceiver, pending an adjustment of its $400,000 bonds. The
bonds are subject to call for redemption, which right, we are informed,
will probably be exercised by'the lessor.] The company also supplies
the entire electric lighting and electrio power of the two cities, having
exclusive contracts with both municipalities.
Date.
Interest.
Outstanding.
Maturity
STOCK
BONDS.—
Capital stock, pref
5
$1,000,000
"
"
common
1,000,000
Consol. mort. bonds, 7 1900
5 g. J&J
3.000.000 Jan. 1, 1925
gold ($1,000)
$ Merchants' Trust Co., New York, Trustee.
Theholdersof bonds of the Richmond Railway & Electrio Co., the
So* en Pines Railway Co. and the Manchester Railway & Improvement
Co. were offered (in May, 190c,) the opportunity of exchanging them,
upon even terms, for the 5 per cent bonds of the Passenger" & Power
Co. On June li it was reported that the entire amount of the Seven
Pines and the Manchester Railway & Improvement bonds and over
92 13 per cent ot the Richmond Ry. & Electrio bonds had been deposited for the purpose of such exchange. The mortgage of 1900 covers
the railway lines, electric light and'power plants, real estate, etc.
Earnings— For year ending Deo. 31:
&
Gross earnings
Net from operation
Insurance and taxes
1899
$499,243
223.009
14,695
1898
$477,541
201.854
13,538
188,316
Net income
208,314
Latest Earnings-— For 5 months ending May 31:
1900
Gross earnings
$211,116 57
Operating expenses
125,339 87
Net earnings
$85,776 70
Equipment— The equipment includes 112 cars.
Population 1890 was 133,896;
1897
$475,851
166,811
13,280
153,531
1899.
$177,774 79
109,347 24
$68,427 55
and
IN 1870
was
N. Y.
1880 was 89,366;
r-N
62,386.
ROCHESTER RAILWA Y-A
troller road
25, 1890. Operates about 80 miles
of track in city of Rochester, with extension to Ontario Beach. 83* miles,
and to Windsor Beach, 9 miles. The Rochester Electric Railway was
leased in September, 1894, at a rental said to be 8 per cent on $200,000 stock, and whenever gross receipts exceed $55,000 one-quarter of
such excess. The Rochester & Irondequoit was leased for lo years at
an annual rental of $8,000; see that company under Irondequoit.
Date. Interest. Outstanding.
Maturity.
BONDS STOCKS
Capital stock ($100)
$5,000,000
ORGANIZATION— Chartered Feb.
&
Roch. C'y & Brighton 2d > 1882 6
J- J
500,000 Jan. 1.1902
Int. at Flour City Nat. Bank, Rochester.
M., now 1st M. ($500)... $
Rooh. C'y & B. 3d M., now $ 1889 6
A-O
175,000 Apr. 1,1919
Interest at Rochester Tr. & 8. D. Co.
i
2d M. ($500)
2,200,000 Apr. 1, 1930
Rochester Rv Consol M- ^ r 189 ° 5 g. A-O
*3,oo$^i Wg^* J
^^
at
Cu y ler Mor S an
'
& Co " Xew York
1893* 5 g. J-D
g. )
1,294,075 Dec. 1, 1933
c* 5 Interest is payable at Security Tr. Co., Roch.
($1,000 each)
Debentures, gold
)
1891 6g.M-8
167,500 Mch. 1, 1911
($500each.)
Subject to call after Mar. 1, 1901.
J
Collateral trust notes >
1897 6 M-S
182.000 Mar. 1, 1905
($1,000)
i Interest at Security Trust, Rochester.
Consolidated mortgage ot 1890 and second mortgage oover all present
and future property of the company, and the bonds are to have their
prinoipal and interest paid without deduction for any tax payable bv
the oompany under any law of the United States or New York State
and imposed upon the bond for national, State or municipal purposes.
Of the consols $1,000,000 are reserved to retire underlying bonds of
the Rochester City & B. RR. and of the second mortgage os .-t-ToO.OOO
were reserved to retire the $600,000 of debentures, of which $167,500
still outstanding in Feb., 1900.
2d M., $1,500,000,
ROAD— Owned.
Main
line, trolley
Second track
Miles.
Road
leased—'
Electric
Miles.
4609 Rochester
3623
do
Sidings
2-23
Total
8455
"I
do 2d track..
Rochester & Irondequoit.
do
2d track & siding
Total oper. Feb.
1,
.„..,
iol >*
f
J
1900... 102-69
Weight of rails, 40 to 107 pounds,
Latest Earnings— Nine months to Apr. 30
Charges.
Snn Ins.
1900
$275,635
$6,168
$221,914
$686,329
1899
641.256
272,620
5,611
221,743
rrend.JuneZO. 1899.
1898.
1899.
Gross earn'gs... $847,443 $786,694 Int. on bonds)
Net
350,944 310,626
Other income...
21,390 Rentals
)
19,247
$59.!- 89
Gross.
Xet.
Oth. ine.
56.689
1898.
$301,975
.
Net income... $370,191 $332,016
Balance, 8ur. $62,990
$30,041
STEEET RAILWAYS.
80
GENERAL BALANCE SHEET DEC.
Assets.
.....)
Cost of road
Cost of equipment
Stocks
i>f
$
ROME,
31, 1899.
Liabilities.
$5,000,000
4,518,575
187,980
Floating debt
149,020
Open accounts, etc
67,464
Accrued int., taxes, etc.
22,556
Coupon accounts
249,058
Pront and loss, surplus.
Capital stock
$9959390
F
Fuuded debt
'
'
167,500
22.556
39,090
other conip's.
Coupon accounts
Cash and supplies
companies
and individuals
Due from
5,617
$10,194,653
Total
$10,194,653
Vice-President,
Cook;
Frederick
President
(Feb.,
1900),
OFFICERS—
and Gen. Man., T. J. Nieholl; Secretary. G. G. Morehouse; Treasurer, Frederic P. Allen.
INDEX— V. 67, p. 690 951; V. 68, p. 826.
Total
ROCHESTER CHARLOTTE &of MANITOUwhich $97,500
&
is
$100,000,
Issued. Bonds, $82,000, first mortgage, gold, 5 per cent; interest payable annually on Deo. 1st. Dated Dec. 1st, 1895; due Deo. 1st, 1925.
Issued, $81,250. Trustee, Security Trust Co., Rochester, N. Y.
Road— From Charlotte (suburban town and resort of Rochester, on
Lake Ontario,) to Mauitou Beach, on Lake Ontario, 7"75 miles.
Earnings.— Year ending June 30, 1899, gross, $15,624 net, $6,274,
STOCK
BONDS— Capital
stock,
ROME
In March,
541 Wall
Street,
New York
CITY STREET RAILWAY-A
horse road.
1899, stockholders voted to increase stock from $50,000
to $150,000, but none of tiie new stock issued up to Juno, 1900.
In Feb., 1900, was granted permission by the State Railroad Com
missioners to issue a first mortgage of $200,000, to reconstruct their
present line and make an extension of 3 miles; also to change the
motive power from horse to compref-sed air.
Maturity.
Date.
Interest, Outstanding.
STOCK
BONDS
Stock $150,000 ($100)
$50,000
7f\0C0
April 1. 1950
1st Mtge.
$200,000, > 1900
5 g. A-O
gold ($500
c* >
Int. at Trust Co. of America, N. Y., trustee.
ROAD— Owns 6-7 miles track.
Earnings— Year ending June 30,
—
&
Ward-
1898-9. 1897-8. 1896-7.
well; Secretary and Treasurer. W.
P. Rayland; Man., Jas. W. Brown.
-V. 68, p 674.
$5,439 $4,986 $4,546
Net... loss 2,908 loss575 loss 263
P. &L...dl\4,898df.l,699 df.982
OFFICERS— President, J.
S.
Gross...
RUTLAND, VT.
;
charges, $4,894; sflrplus, $1,380,
Officers— President, Michael Doyle;
N. Y.
Population 1890 was 14.991; in 1880 was 12,194;
and in 1870 was 11.000.
Population 1890 was 8.239 and in 1880 was
7,502.
;
Chairman, Lewis Warfleld;
City.
BAY RAILWAYROCHESTER & SODUS with
authorized capital
of
in
1898,
electric railroad from Sodus Point, Wayne
County, on Lake Ontario, to the city of Rochester, about 38 miles.
Rights of way have been secured. Permission to build the road was
granted by the RR. Commissioners on Jan. 25,1899, and in November,
RUTLAND STREET RAILWAY.-A troUey road.
Organization. — In 1894 rebuilt the line as a trolley road and newly
equipped it throughout. Stock authorized, $150,000; issued, $125,000,
1st mortgage, 189 j, 6s, M. & S., authorized, $100,000; issued, $81,600.
Operates 8 miles of road on 8 miles of street. Pres., J. W. Cramton.
ORGANIZAT'ON— Organized
$1,000,01/0, to build
an
was progressing between Rochester and Webster.
OFFICERS— T. J. Kicholl, President and Chief Engineer; John H.
1899. work
Gregory, Treasurer; Charles
Van
Voorhis, Secretary.
Office,
267 State
Street, Rochester.
ROCKFORD,
Organization—
RY.
Organization.— Incorporated to construct a road from Saco to
Bonney Eagle, Me., a distance of 19 miles. Population to be served
estimated about 30,600 In Feb., 1899, contract let, but no portion of
road yet built up to June, 1900. Company also petitioned to enter
Biddeford, but petition denied. To carry passengers, freight and
ILL-
express.
population 1890 was 23,584; in 1880 was 13,129;
and in 1870 was 11,049.
ROCKFORD
In
SACO, ME.
6,389.
SACO RIVER ELECTRIC RR.-To betrolley.
Population 1890 was 6,075; in 1880 was
LIGHT & POWER
CO--
1898 the Rockford Ry. Light & Power Co. was
chartered for 99 years as a consolidation of all the street railway systems of the city; on Oct. 10, 1898, was granted a municipal franchise
V. 67, p. 321, 1056.
for 25 years
Interest. Outstanding. Maturity.
Bate.
BONDS—
STOCK
Date.
Interest. Outstanding. Maturity.
STOCK AND BONDS—
....
Stock, $250,000, par $100
....
$100,000
1st M.,g.,$200,000 ($1,000 ) 1898 5 g. F - A
Feb. 1, 1928
(?)
ea.); S. f. after 1904.. o' S Int. at Mass. L. <&T Co., Boston, Trustee.
OFFICERS.— President, E. F. Walker, Philadelphia, Pa.; Clerk, Charles
Butler; West Buxton, Me— V. 66, p. 710; V. 67, p. 321.
—
&
Stock, $350,010
Rockford City St. 1st)
mortgage, subject to S
call in
1st cons,
1900
mort,
D
$350,000
SACRAMENTO, CAL.
Population 1895 wt as 35,000; in 1890 was 26,386;
21,420; and in 1870 was 16,283.
1890
6
M-N
150,000
May
1,
1910
1898
5g.M-N
150.C0O
Nov.
1,
1918
>
gold,
>
Interest at Chicago.
first mortgage is the Northern Trust Co. of Chicago, 111.
Bonds— From the proceeds of the 1st consol. bonds $70,000 old 2d
mortgage bonds of the Rockford street railway were retired and
$150,000 arereseived to retire 6s, due 1910, but subject to call in 1900.
Earnings— For nine months to July 31, 1899: Gross, $49,431; net,
$18,185; interest, $11,250; surplus, $6,935. Comparative statement
for four months ending Nov. 30: in 1899, gross, $^5,041; net, $9,648;
in 1898, gross, $15,773; net. $4,651.
Road— 22 miles of trolley.
Officers— Pres., R. N. Baylis; Treas., W. F. Woodrufl; Gen. Man.
and Purch. Agent, T. M. Ellis. DIRECTORS— R- N. Baylies, Gilbert
Woodruff,
W. Price, G. W. Wattles and John Farson.— V. 67, p.
127, 321, 1056.
$300,000
Trustee of
$
H
;
ROCKLAND THOMASTON & CAMDEN
STREET RAILWAY-An electric road.
Date.
Interest. Outst'd'g.
Maturity.
STOCK & BONDS—
$250,000
Stock ($100) ($300,000 auth.)
1892 5 J_J
250 > 000 May 1, 1922
\
IstM
000»
($J5U,uuu)
M. r*250
1st
^Interest at Nat. Exchange Bank, Boston.
5,000
Loans & bills pay. July 1,'99
Road Operates about 16^ miles of track from Thomaston through
Rockland and Rockport to Camden.
Net.
Int. and taxes. Bal..*ur.
Tears ending June 30. Gross.
$70,211
$29,298
$13,585
$15,713
1899
68,223
25,436
14,132
11,304
1898
66,782
25,693
14,457
11,235
1897
OFFICERS— President, G. E. Maoomber; Secretary, H. M. Heath;
Treasurer, A, D. Bird; Supt. and Purch. Agt., Thomas Hawken.
4,
Oct.
A consolidation of the Sacramento Electric Power & Light
and the Folsom Water Power Co
The water power is obtained from Folsom, 24 miles from Sacramento. In 1899 made a contract with the Yuba Electric Power Co.
for the exclusive use of 2.000 h. p. for immediate delivery and to the
extent of 5,000 h.p. if needed. This obviates the necessity of a steam
plant, and insures against shortage of power for the future.
The toproperty (including the railway, hydraulic works, lighting plants, parks, etc >, was to Jan.31, 1900, $2,897,727. In 1899 acquired by exchange of stock 9'532 l3 shares out of a t'jtal of Ij.OoO
shares (par $50) of stock of the Capital Gas Co.
STOCK
BONDS— Miles. Date. Interest. Outst'd'g.
Maturity.
Stk.,$2,500.00O ($100)
$1,860,000
Central El. Ry. 1st) 16 1892 6g. J-D 265,000 June 1, 1912
M.,
($25,000 due yearly) to June 1, 1921
$400,000,
g.,
$1,000 & $500.... c* ) Int. at Cal. S. D. & Tr. Co., San Fran., Trustee.
"
N 9 .100,000 Nov. 1.1927
500->"" 1897 5
Poti sol mort *^
«2 auu
[int. at Cal. S. D. &Tr. Co., San Fran., Trustee,
nnn
«Tonoi
ouu d>i,uuu)
and Guar Tru8t Co of New York
^
Bonds—Of the $2,500,000 bonds authorized, $265,000 are reserved
for the Central Electric Ry. firsts, and a portion was used for the retirement of the $1,650,000 6s of 1896.— V. 65, p. 977.
ROAD—The railway system extends 16*2 miles with 24^ miles of
single track. It covers the entire city and has valuable franchises
running 50 years and giving practical control of transportation in the
city. East Park and Oak Park are owned.
Gross,$56,608; net. $29,879
Latest Earnings— 2 mos.,) 1900
Feb. 1 to March 31.
$18 9
Gross, 49,539; net, 27,571
Earnings— For fiscal year ending Jan. 31:
1899-1900.
1898-189''.
Gross earnings
$333,819
$279,589
Operating expenses
158,925
174,567
tal cost of the
&
>•
Net earnings
$174,^94
$110,115
7,900
Bond
interest
Profit and lossentries (net)
P;otit for fiscal jear
GA.
$105,022
$56,879
V.-P. and Gen. Man.. Albert GallaOffice, Claus Spreckels Bdg.,
tin; Secy. & Treas., Albert Gallatin, Jr..
Francisco.—
V.
278.
977;
V. 70, p. 63 1.
San
65, p.
Officers— Pres., Thos. Addison;
Population 1890 was 6,957; in 1880 was 3,877;
and in 1870 was 2.748.
R AIL WAY-A
trolley road.
Organization—Chartered in 1894 as successor to the Rome Street
Railway, which was sold in foreclosure July 5, 1895. In Deo., 1899,
purchased the plant of the Rome Electric Light Co. and is now conducting an electric lighting business in conjunction with street rail*
ways.
Date. Interest.
Outst'd'g.
Maturity.
Stock & BONDS—
$60,000f.p
Stock, $60,000, par $100
Oct. 1, 1914
1st mortg., $100,000, gold ) 1894 g. A - O 100.000
$1,000, not subj. to call. $ Int. at Am. Sec. &Tr. Co.,Washlngton, D.O.
Bonds— On Jan. 1,1900, $100,000 bonds were held by stockholders
of company. Instead of issuing new bonds to buy the plant of the
Electric Light Co., the company borrowed $16,000; the bondholders
having loaned their bonds to the company to be used as security.
ROAD-Owns 6I5 miles of track (of which 5 built in 1897, funds
being contributed by bondholders), laid with 35 and 45-lb. T rails.
Gross, $16,198 net, $3,643
Latest Earnings-5 mos. > 1900
Gross,
9,816 net, 1,645
Jan. 1 to May 31
5 1899
Earnings— For year ending Deo. 31, 1899, gross, $28,732; net
(above expenses and interest) $5,351. In 1898, gross, $23,511; net,
H
;
$1,730.
Pres., Seymour
V. 69, p. 1193.
SACRAMENTO
ELECTRIC
GAS & RY1896. Fraucuises expire
ORQANIZATION— incorporated April
6,1942.
>
Population 1890 was 8,174 in 1880 was 7,599
and in 1870 was 7,074.
CITY ELECTRIC
was
M
ROCKLAND, ME.
ROME
in 1880
SAGINAW, MICH.
Population 1890 was 46,169; in 1880 was 29,541;
and in 1870 wt as 20,685.
VALLEY TRACTICN-A trolley road.
SAGINAWIncorporated
i»99.
Jan.
Organization—
as a consolidation, per
7,
1111, of the Union 8treet Ry. and the Saginaw Consolidated Street Ry. (both foreclosed Oct. 15, 1898) and the InterUrban Ry. V. 68. p. 233.
Date.
Interest.
Outstandhig. Maturity.
Bonds—
Stock
Common stock, $700,000,
plan in V. 67,
&
par, $100.
Pref. stock, 5 p. c. cum., 1
$400,000; par. $100 ;>
div. )
pref. as to assets
1st mort. $850,000 gold, )
Treae., J. B.
Marvin.—
$700,000
400,000
&
5 g. F&A
680,000 Feb. 1,1924
Boston Safe Dep. & Tr. Co., trustee.
Bonds— Of the 1st 5s $170,000 ate reserved for extensions and
improvements.
Road— Owns and operates 4 miles of track, including line from
Saginaw to Bay City, and all electric railroads in Saginaw. The Inter-
$l,OoOeach.
5
1899
Int. at
line to Bay City includes 11 miles owned and three miles operated under contract; also 5 miles of private right of way and
bridge across the Saginaw River costing $60,000.
Urban
Cunningham; Gen. Man. and
p.
STREET RAILWAYS.
OFFICER'— President, Homer Loring, 53 State St., BoHton, Mass.;
Treasurer, Frank D. Ewen; Secretary. Charles 8. Smith; Executive
Committee, Thomas A. Harvey, Chairman; Geo. B. Morley and GUbertM. Stark, all of Saginaw, Mich. V. 67, p. 1111; V. t8, p. 233.
nwwste
R.Ys^reI? RtF"
JmioN STREET
UNION
Trao. Co., which
ee above.
SAGINAW CONSO L- ST- RY.-jfVal.
i
8
ST.
JOSEPH, MICH.
ST. JOSEPH & BENTON HARBOR STREET
CORAILWAY Chartered
mort.
1884. Stock, $100,000.
First
In
$25,000,000
Stock
Of which reserved for future acquirements, betterments
and improvements
7,652,500
Issued to the stockholders of the several constituent
companies
17,347,500
Suburban system alone
of the street car Hoes in 8t.
Louis has not been acquired $3,000,000 of the new 4s, however, will
be reserved for the sole purpose of retiring its bonds In case its purchase should at any time be thought desirable. The 4 per cent loan Is
secured by all the stocks of the constituent companies, or by direct
mortgage lien upon their property and franchises in so far as pur-
The
Louis
St.
<fe
;
chased.
Population iv 1893 (estimated), 5,000; 1890 was 4,826;
in 1880 was 3,550; and in 1870 was 2,994.
Organization—
Common
81
gold 6s, J&J, $200,000, dated July 1, 1893, due July 1. 1912, interest
payable J-J, at 111. Ti ust & Savings Bank, Chicago, Trustee. Operates 8 miles of trolley track on 5^ miles of Btreet. For year ending
Dec. 31, 1898, gross railway and l!ghtearnings,$. >5,691; net. $20 436;
Int., $11,703; bal., $8,733, charged off for depreciation— V. 66, p. 1090.
Fros., W. Worth Bean; Sec., W. H. Hull.
s
The new mortgage bears date Sept. 20, 1899, and the bond-' mature
July 1, 1934, with interest payable January and July at the St. Louis
Trust Company, Trustee. Bonds are for $1,000 each and coupon,
with privilege of registration of principal. They cannot be r-alied.
Messrs. Brown Bros. <fc Co. offered the bonds lor -ale in IN b., ]
Lease Guaranty.—The Bt. Louis Transit Co., besides leasing; all the
lines of railway of the United Railways Co. ofSt. Loni-, iruarautees
the payment of interest upon all the new 4s as well as on the bonds of
the constituent <ompanies. and also 5 percent, payable semi-annually,
upon the preferred stock of the United Company.
Exchange of Stock.—-The St. Louis Transit Co. has exchanged its
stock (172.502 shares) for the common stock of the United Railways
Com pan v Of St. Louis, share for si are, in consideration of a pavment
to it by the stockholders of the United Railways C>. f $11 per share.
This furnished the Transit Co. a cash capital of $1,897,522 free from
all obligations except those under its lease.
BOND ISSUES OF CONSTITUENT COMPANIES.
1
JOSEPH, MO.
ST.
Population 1890 was 52,324; in 1880 was 32,431;
and in 1870 was 19,565.
JOSEPH RAILWAY LIGHT HEAT &
ST.
M
in 1895 to succeed to the property of
Joseph Traction A Lighting Company, sold in foreclosure Ang21, and purchased for the bondholders for $300,000. The new coopany has an authorized capital stock of $3,500,000, of which $2,000,
0)0 is preferred, and assumes $100,000 Wyatt Park bonds; 33 miles
track.
mt
000'
c
;
Date.
Interest.
189G
5
M
_
-
s
Oulstand'g.
Maturity.
Men.
$"00,000
-
1,
1906
\
Subject to call in 1901 at 105.
'
Lindell System—
Organization— Incorporated
St.
lHt
$T 000
POWER.-Owns in all 33 miles of track.
the
MISSOURI System—
d
L,
tWool8t ^Ir? 1891
ttere
Aug. 1, 1911
5«- F-A $1,500,000
payable in New York and St. Louis.
1,000,000
6 g. J-J
July 1, 1913
Comp'nH'.U.D.&M.T\/ 1893
0* s Int. at St. Louis. Trust Co also in N. Y.
1st mort., gold
500,000
6 g. J-J
Julv 1, 1913
Taylor Ave. RR. 1st) 1893
{Interest at St. Louis Trust Co., St. Louis.
mortgage, g
«l
fold $1 000 "each.
]
J'
*<
;
Officers— President. E. H. Harriman, New York City; Vice-Pres.
and Gen. Man., W. T. Van Brunt; Secretary andTreas., Chas. C. Teget•hoff, 120 B'way, New York City— V. 61, p. 926.
ST. LOUIS,
p.
S
Oons. M. ($3,500,000) g.l 893
Mound City RR. Co.
Population 1890 was 451,770; in 1880 was 350,518;
and in 1870 was 310,864.
LOUIS-CA'ce Map,
•
consol. M., gold
MO.
UNITED RAILWAYS COMPANY OF
Union Depot System—
Union Depot RR. 1st) 1890
ST.
82 J.
Organization.— This was formerly the Central Traction Company,
a corporation chartered under the laws of Missouri, but name changed
Has acquired all the
to United Railways Company of St. Louis.
8'reet car lines in operation in St. Louis with the exception of
lhe St. Louis & Suburban system. The combination was arranged
i>v a syndicate headed by Mess B. Brown Brothers & Co., New York.
Sje plan in V. 69, p. 231. The company on April 12, 1898, rf ceived a
fifty-year franchise from the City of St. Louis authorizing it to build
7919 miles of street railroad on several of the most important streets
of the city, and also giving permission to acquire by lease or purchase
any other street railroad in that city. Under authority thus conferred,
We give both the
-the following properties have been absorbed.
amount of stock acquired and the amount not acquired.
Amount of
Slock not
Stock Acquired.
Aa/Hired.
lioad Absorbed.
50 shares.
None.
Delinar Ave. & Clajton Ry. Co.
"
1,000
St. Louis Cross Co. By. Co
"
2,000
Midland St. Ry. Co
"
120
St. Louis Clayton & C. C. Lake Ry. Co.
"
467
St. Louis County M. Ry. Co
"
27 shares.
634
Clayton & Fore-t Park Ry. Co
"
"
99,994
6
Linden Railway CO
"
22,986
None
Missouri RR. CO
"
24,950
50 shares.
National Railway Co
"
None.
Southern Electrio Ry. Co., common.. 5,000
"
preferred. 9,988
12 shaies.
do
do
Do
"
None
30,000
Union Depot RR. Co
As under the laws of Missouri the United Railways Campany has
the Lower to purchase all the property and franchises of any other
street railway with which it connects, or intersects, on obtaining the
-approviV of two-thirds of the stockholders, ownership of the above
stocks has been followed by actual deeds of the properties of the above
companies. The United Railways Co. has also acquired all the capiital stock of the St. Louis Traction Co.. and 13,016 shares out of 19.387 shares of stock of the St. Louis RR. Co., but up to June 1,1900,
had. not taken title to these properties.
Strike— During May and part of June. 1900, the company had to
contend with a serious strike of its employes, but eer\ice has now
been resumed on all lines.— V. 70. p. 1197.
Lease— All the lines of railway of the United Railways Company
have been leased to the St. Louis Transit Co., which see.
Road.— The mileage of the combined system is as follows
Miles.
Miles
Missouri RR. System (elec.) 16-61 St. Louis Traction Co. (cable) 9-50
9-60
22-50
Southern
Electric
(cable).
Ry.
(dec.)
do
do
do
Undell Rv. Svstein (elec.) .*85-l 1 National Ry. System (elec.) 6447
Union Dep'tRR. Sys (elec). 75*87
do
do
do
(cable) 1462
Jefferson Ave. Ry. (electric). 6-70
-tric.. 271-26 miles
.304-98
Total in operation
6 g.
A-O
791,000
6g.
J-J
300,000
277,000
2nd mortgage
mort^e
^nd
Southern Elec. System—
Southern Elec. 1st M.,.. 1884
125,000
J
Authorized, but not under construction
Authorized, but not yet constructed, Lindell Ry. 8ystem
Authorized, but not yet constructed, National Ry. system
Total in operation, under construction and authorized
1,
1902
May
1,
1902
M-N
M-N
National System Louis RR. 1st M.,) 1890
5
St.
cur. ($1 ,000 each) ..
Baden & St. Louis 1st
mortgage, gold
Cass Avenue & Fair
Grounds
1st M.,$2,-
000,000,
g.,
$
S
/
&i. (Nat. Ry.)....c*
M-N
1,918,000
May
Subject to call May
5g. J - J
250,000 July
Subject to call after July 1, 1893.
1893
1910
1900
1913
1
1892
1,813,000 July 1, 1912
5g. J-J
Subject to call at 102 on any July 1 after 1893.
Interest at No. Trust Co., trustee, Chicago.
$1,000,
sink, fund,, guar. p.
6 J-J
1,500,000
July 1, 1907
Interest at St. Louis Trust Co., St. Louis; also
at Amer. Exch. Nat. Bauk, N. Y. City,
Trustees are Chas. Parsons an I Thos. E. Tutt.
1887
Citizens' Ry.lst mort.
gold ($2,000,000)
.
.
ToUl
*
$13,9S0,100
Owned
jointly
by Missouri,
Lindell,
Union Depot and National
companies.
Dividends— First dlv. of 1U i~c. on pref.Ap il IP, 1900; July.l^p.o.
Earnings.— Messrs. Haskins & Sells, Certified Public Accountants,
have prepared a statement showing gross earnings, operating expenses
and net earnings of the combined companies for "the tl-cal y«ar ending
June 30, 1899, and also the tlxed charges as they will exist when the
proposed plan is completed.
Other
Gr- ts
Net over
Total
DeducIncome. Xet Income, tions.
Earnings.
taxes.
$4,566 $2,036,665 $67,602
$5,412,507 $2,032,099
Deduct adjustments to present basis (net)
Balance.
$1,969,063
8,584
Total net from operations
Fixed charges— interest on present bonded debt
Interest on proposed issue of $23,000,000 new 4s
$1,960,479
773,597
920,000
Net surplus under plan.
Earnings for six months ending Dec. 31:
22-00
57-50
36 17
1600
436-65
Inoluding county roads.
Stock and Bonds— For the purpose of acquiring the properties and
franchises or the shares of stock of the above-uamed companies and providing Tor the present mortgage debts, the United Railways Co. of St.
Louis Issues the following securities.
General First Mortgage 4 per cent 35-year gold bonds
$45,000,000
Of which reserved for future betterments, Improvements and acquisitions (including minority stook of St.
Louis RR Co. not now owned in the National Railway
System, and also the $3,000,000 bonds in the St. Louis
& Suburban Sy-tem)
8,000,000
Roserved for underlying liens
...
14,000,000
Paid over to the stockholdei s of the soveral constituent
street railway companies
23,000,000
Preferred Stock, 5 percent cumulative
$20,000,000
Of which reserved for future acquirements, expenses
of consolidation, betterments and improvements. ...
8,435,000
Issued to the stockholders of the several constituent
companies
11,565,000
May
6
164,000
May 1, 1904
336,000
6
Consol. M. ($500,000) ..1889
May 1, 1915
Mort. of 1896, $200,- > 1896
5 g.
200,000
April 1, 1916
000 ($1,000), gold. o 5 Int. pay'le at Louisville, Ky., and St. L., Mo.
.
^a
1, 1910
1900
Nov. 2, 1905
)
$266,882
1899.
1898.
Gross
Operating expenses and taxes
$2,873,894
1,814,579
$2,721,433
1,718,370
Net earnings
Other income
$1,059,315
2,671
$1,003,063
2,029
Total net
Deductions
$1,061,986
5,598
$l,00.">. 092
.
Under construction, United Railways Co
1910
1,
Subject to call May 1, 1892.
75,000
7 xM-N
J !886
f Subject to call after May 1, 1896.
mort
1,
Oct.
Subject to call Oct.
Jefferson Av.RR ,M.
5 M-N
^1895
$400,000
Formerly Peoples' Ry. Co
6 J - D
8t. Louis Tract. (Peo- ? 1882
pie's Ry.) 1st
Oct.
Subiect to call Oct. 1, 1900
Gg.J-D
2,40»,000
June 1, 1918
-.192
Balance
$1,056,388
$996,600
OFFICERS-— President, Edwards Whittaker; Vice-President, Murray
Caileton; Gen. Manager, i*eo. \V. Haumhoff.
Directors, Edwards
Whittaker. Patrick Calhoun. C. I). MeLuro. H 0. Haarstn-k. Murray
Carleton, W. H. Thompson. H. S. Priest. W. V. Hove, Corwin H. Spen-
*
Marshall.— V.
0-<. p. 381, 428, 673, 773, 1227: V. <>9, p. 132,
334, 646, 696.1104; V. 70, p. 126, 2S1, 382, 431,634,
688 998,1096, 1197.
cer, F. E.
mi, 831, 284,
ST.
LOUIS TRANSIT COMPANY-
Organization— This company was formed under
t lie laws of
MisUnited Railways Company of St. Louis. By St. Louie City ordinance, approved March 20,
1899, wat given power to aequire, lea.*e and operate until March 18,
1939, any of the lines which will be acquired under the proposed plan
by the Unittd Railways Company.
STOCK has been increased to $20,000,000 and is all to be exchanged,
share for share, for the eommon stock of the United Railways Co., upon
payment by the stockholders of the latter of $11 er share in cash;
$17,250,200 had been so exchanged up to Feb., 1900. Company guar-
souri,
and has leased
all
the
lines
ot
the
i
1
82
•V-
**
&
STREET RAILWAYS.
STREET RAILWAYS.
antees the payment of interest upon all the bonds of the United
Railways Co. of St. Louis and its constituent companie s and also 5
per cent upon its preferred stock.— V. G9, p. 231, 096.
ST LOUIS AND BELLEVILLE TRACTIONA
trolley road.
Organization— In January, 1900, parties owning the Bt. Louis A:
Belleville Electric By. and the Belleville Electric By. purchased the
St. Louis Belleville & Suburban By. and consolidated the three companies, forming the St. Bonis &. Belleville Traction. The new company owns all the lines in Belleville and two double-track roads from
East St Louis to Belleville, one of them on private right of way.
Outstand'g. Maturity.
Interest.
Dale.
STOCK and Bonds—
$1,500,000
Stock, $1,500,000 ($100)
Sept. 1.1019
5 g. M-S
1899
1st mort, $1,250,000?
I?)
Int.atAm.Tr.&Savings Bit., Chic, Trustee.
,..c*. 5
g. ($1,000)
Bonds may be called in 1909, at 105, when sinking fund of 7 per
cent per annum begins. The new mortgage is inteuded to take up all
the. underlying bonds ot the constituent ooinpanies.
ROAD— Owns 6 miles in City of Bellville: 42 miles from East St.
Louis to Belleville, and leases C miles of single track in Belleville;
total operated 54 miles.
Officers— President, John A. Day.
LOUIS COUNTY STREET RAILWAY-
ST.
of track with horses.
Orqanization— Operates 3 miles
8tock, $50,-
In Jan.. 1899, proposed to change motive power to electricity
and build double-track road from city limits to Wabash BR. and single-track road thence westward two miles. Pres.. M. B. Greensfelder.
000.
LOUIS & EAST
ST.
LOUIS
ST.
ELEC RY-
Orqanization— Chartered in July, 1889.
Dale. Interest.
STOCK & BONDS—
LOUIS & SUBURBAN RY.-A
ORGANIZATION—Incorporated
Sept. 11, 1884.
This
trolley road.
company
is
a re-
organization of the St. Louis Cable & Western By Co., which it bought
in at the foreclosure sale of the latter's property June 10, 1890
In July, 1897, secured control of the St. Louis <Sc Kirkwood BR.
Outstanding. Maturity, etc.
Date. Interest.
STOCK
BONDS
Stock ($100)
$2,500,000
St. L. Cable & Western >
1884 6 M. - N.
600,000
1914
Ry IstM
Interest
Loan
at
Farmers'
& Tr. Co., N. Y. city.
]
St. Louis & Suburban)
Fob. 1, 1921
1891 5 g. F. - A.
1,400,000
lstM.($2,000,000)g. > Interest payable in Boston by the trustee, the
American Loan & Tr. Co.
$1,000
>
1891
5 Feb
300,000
.
Income
X
income bonds
oonas
^ Interest at American Loan & Tr. Co., Boston
On Jan. 25, 1899, the stockholders voted to increase the capital
stock $500,000 to $3,000,000; also to issue $500,000 additional bonds.
Mississippi Valley Trust Co.. St. Louis, Trustee.
At latest date*
"
these bonds had not been floated.
Road— Operates about 40 miles of track.
Operations— Following is the number of passengers carried during
-each quarter of the calendar years
ist guar.
3d quar.
2d auar.
4th guar. Tot.for year.
1900... 2,905,941
1899... 2,727,241
3.244,924
3,243,173
3,305,674 12,520,912
1898.. .2,673,149
3,070,129
2,952,439
3,042,831 11,738,548
OFFICERS— President, C. H. Turner; Vice-Pres't, S. M. Kennard; Sec.
(1) ST.
T. C. Kiinber.
LOUIS & MERAMEC RIVER RB —
Entire issue of stock (*2,000.000) is held in the treasury of the St.
Louis & suburban, which company also guarantees the bonds.
Organization— Organized in 1894, and in 1896 obtained all the
rights and franchises of the Manchester Road Electric Ry.
Date.
Interest. Outstand'g.
STOCK AND BONDS—
Maturity.
Stock. $2.000,000
.....
See text
1st M., $1,000,000, gold) 1896 6 g. M-N $1,000,000
May 8, 1916
($1,000), guar, p.&i., by ^Interest at Mississippi Valley Trust Com8t. L. & Sub., end
pany, St. Louis, trustee.
c* )
Consol.M., $2,000,000... 1898
None Feb., '99
(1)
(?)
In 1898 stock increased to $2,000,000 (from $1,000,000), and an additional issue of $1,000,000 bonds authorized for extensions, etc.
ROAD—Trolley from Sarah St., on St. Louis & Suburban, to Jackson
Road, 10-96 miles extension 3 miles to St. L. & Kirkwood tracks over
which cars run to Merameo Highlands.
Bails, 73-lb. girder and 60-lb
T- The St. Louis A Suburban furnishes power and carries the
country passengers 3^ miles over its own road to down-town
terminus of other lines Fresident, C. H. Turner.
;
(2) ST.
1
cm
LOUIS & KIRKWOOD RR.-A
Organization— Completed March
trolley road.
1896. Connects at Forest Park
with Lindell Railway. In July, 1897, St. Louis & Suburban Ry. obtained control. The Suburban road connects with it at Kirkwood and
uses its tracks for about 4 miles.
Date.
STOCK
Interest. Outstand'j.
BondsMaturity.
Stock (par, $100)
$300,000
New 1st mort., $350,000. 1898
250,000
New mortgage, $350,000, was authorized to replace 1st mortgage,
$300,000.
ROAD— Owns 10*2 miles track in St. Louis County (none in the city>.
J
1,
p. 331.
ST. PAUL,,
MINN.
Population 1890 was 133,156; in 1880 was 41,473;
and in 1870 was 20,030.
MINNEAPOLIS &
RY.— For
ST.
47^
Total track operate!
Weight of
lSJfl
SALT LAKE & MERCUR
rails,
RR.-To be a trolley.
Fairfield to Meronr, Utah, 12 miles, and is to be extended
In July, 1898, made mortgage to the Produce Exchange
York, as trustee, to secure $300,000 gold 5s. Presirust Co. of
dent, E. H. Airis, Halt Lake City.
Runs from
to West Dip.
1
New
•
SALT LAKE RAPID TRANSITSTOCK
&
BONDS—
l-tt
1890
mortgage
A trolley road.
Maturity.
Interest. Outstanding.
Date.
Stock $500,000 (par $100)
6
f-a
$356,000
350,000
70,000
Feb.
1,
1910
& Trust (trustee), Boston.
32 miles of track on 26 miles of street.
Earnings— For year ending Dec. 31, 1895, gross, $89,420; net,
$26,097. In 1894 gross, $110,538 net, $2 1,410.
OFFICERS— President and General Manager, J. S. Cameron; Secretary
and Treasurer, G. 8. Gannett Sup. and Pur. Agent, W. H. Stone.
Interest at
American Loan
Road— Operates
;
;
WEST SIDE RAPID TRANSIT-An
electric
and
steam road. Operates 12 miles of track. Stock, $300,000. President,
L. L. Nunn; Sec. and Treas.. A. M. Wrench.
SAN ANTONIO, TEX.
Population 1890 was 37,673; in 1880 was 20,550;
and in 1870 was 12.256.
RAILROAD-A
ALAMO HEIGHTS
Successor
Saa Antonio Rapid
trolley road.
Organization, Etc.—
in foreclosure in May, 1895.
Transit, sold
Feb. 27, 1897, W. H. Hume was
appointed receiver. Capital stock is $62,000 (par, $100.) First
mortgage, $500,000, gold, 6 p. c. bonds, c*. $500 each; dated 1895,
due June 1, 1915; interest, J&D. Franklin Trust Co. of Brooklyn,
trustee. Operates 5^ miles of track.
to
On
SOUTHERN LIGHT & TRACTION
CO--
Organizatiqn— Incorporated in 1899 as a consolidation of the San
Antonio J 'faction Co. and the San Antonio Gas & Electric Co. The
Traction Co. is a consolidation of the San Antonio 8treet Ry. Co. and
the San Antonio Edison Co. The Gas & Electrio Co., in turn, is a consolidation of the San Antonio Gas Co. and the Mutual Electric Light
Co., and does the entire gas and electric business 01 the city. These
properties were financed by Emerson McMillin & Co., New York.
Date.
Interest. Outstanding. Maturity.
STOCK & BONDS—
Ma
00
$1,600,000 |
> 1899
5 g. M-S
1,600,000 Sep.l, 1949
($1,000); no s. f.. .. c 5 Int. at Continental Tr. Co., N. Y., Trustee.
Bonds— The whole issue of new first mortgage bonds can be called at
any time upon six weeks' noiice.
Dividends—The first semi annual dividend of 1*2 p. c was paid
May 20, 1900.
ROAD— Owns and operates 35 miles of track in City of San Antonio.
REPORT— Net for year ending March 31, 1900, $155,560; interest,
$74,222.
Officers— President, Fmerson McMillin; Secretary, W. F. Douthirt,
40 Wall St., New York; Treasurer, C. T. Scoville.-V. 70, p. 740. 793,
Stock $2,500,000 ($100)
1st M. $2,500,000, gold.
[^
'
895.
WEST END STREET CAR
CO.-A trolley road.
Road, ETC.—Operates 5 8 miles of track upon 4-8 miles of street.
Stock, $26,000. First mortgage is for $100,000 gold 6s, J&J dated
1890, due July 1, 1910; interest at Importers' & Traders' National
Bank, N. Y., or San Antonio office. July, 1898, interest in default. On
August 8, 1898. John H. Clark was appointed Receiver.— V. 67, p. 324.
President and General Manager, G. W. Russ.— V. 67, p. 324.
-
SAN DIEGO, CAL.
Population
in 1890 was 16,159; in 1880
IN 1870 was 2,300.
was
2,637;
CITIZENS' TRACTION CO.-8ee San Diego Elec. Ry.
SAN DIEGO ELECTRIC RY-A trolley road.
Organization, etc.— In March, 1898, purchased Citizens' Traction
Co. at foreclosure sale. Owns 15 miles of track. No bonds had been
issued in Feb., 1«99. President, A. B. Spreokels, San Fransisco, Cal.;
Vice-Pres., E. S. Babcock; Sec. aud Treas., J. A. Flint.
PAUL SUBURBAN
statement of this road see return of Twin City Rapid
Transit, under Minneapolis.
ST.
29
30 to 40 and 72 lbs.
OFFICERS— President, A. W. MoCune; Vice-President, K. C. Chambers;
Seo'y and Treas., Joseph S. Wells; Bupt. and Purcii. Agt., \V. P. Bead.
&
—V. 64,
Mila.
Miles.
Single track
Second track
—
&
and Treas.,
&
Interest.
Ouisimidiitg. Maturity.
Date.
BONDS—
STOCK
$850,000
Stock, $1,000,000 ($50)
6g.I-J
840.000
'"wis
1st M., s. f., gold J 1893
($1,000) ($1,500,000)0* < Subject to call after Jan. 1, 1903.
Entire issue subject to call Jan. 1, 1903, or any Jan. 1 thereafter
from Jan. 1. 1904, to Jan. 1,1913, one tent li must be paid yearly. Bonds
to be called and paid in DumerlcsJ order. Trustee, Guaranty Trust Co,
Bonds— Under terms of the mortgage of 1893 tor $1,500,000, bond
may be issued for extension of and additions to he mortgaged property
b addition and exlit rate of not more than 70 per cent of the 00
.000 per
tensions, and the bonds at any time loaned shall not e
nide for each mile of roadconsl rueted, equipped and m operation. After
be. Issued mile[ug»
debt reaches $1,000,000 no bonds
for preceding 12 months are sufficient to pay 12 per cent on all bonds
outstanding and 1 2 per cent on the bond-" proposed to be issued.
•'JROAD—The company operates 47^ miles of track.
Otherindebtedness
Outstanding. Maturity.
Stock
$250,000
Jan. 1, 1905
1st M. currency
1890 6J-J
75,000
Interest payable at office of the mortgage trustee, St. Louis Trust Co.
Road 2 miles of track on 1 mile of road. Cars cross Eads Bridge.
OFFICERS— President, D. B. Powell; Secretary, D. T. Breck.
ST.
H3
SANDUSKY, OHIO.
Population 1890 was 1S.471;
in 1880
was
15,838.
SANDUSKY & INTERURBAN ELECTRIC
PAUL CITY RAI LW A Y-See Twin City Rapid RAILWAY -A trolley road.
Transit Co., under Minneapolis, Minn.
SALT LAKE
CITY,
UTAH.
Population 1900 (estimated), 75.000 in 1890 was 44,843,
and in 1880 was 20,768.
SALT LAKE CITY RAILROAD-A trolley road.
Organization— Chartered Jan.
19, 1872.
Organization.— Incorporated in 1998 to build a road from Sandusky to Lorain, there connecting with the Lorain &. Cleveland Ry.,
controlled by same parties. On July 9, 1898. purchased Sanduskv
Street Ry. at foreclosure sale— V. 67, p. 127, 275; V. 69, p. 744.
Interest.
Outstand'g.
Date.
Maturity.
STOCK
BONDS—
Stock, $500,000
Aug. 15
$65,000
4O.200
1st mort.. $10,000 per) 1898
Aug. 1, 1918
5g F-A
mile, gold ($100, etc.). s Int. at Dime Sav. & Bank. Co. Cleveland, O.
Bonds are subject to call after 5 years.
&
,
STREET RAILWAYS.
84
ROAD— Owns 9 miles of track on 7 miles of road in Sandusky City
(former Sandusky Street Ry.i Uuder construction from Sandusky 10
Lorain, 80 miles, of which 10 miles from Sandusky to Huron Las been
completed
C.
H. Btewart, Cleveland,
Y.
ti7,
and
A. Everett, Cleveland. O.; Sec.
OFFICERS— President, H.
Treas.,
Manager, Thomas Wood, Sandusky, O.—
O.;
275.
i>.
SANDUSKYroad.
MILAN & NORWALK TRACTION— a
trolley
Organization— Consolidation in 1899 by S. M. Mullock of New York
of the Sandusky Milan & Norwalk Electric and the People's Electric
Ky. of Sandusky.
&
Stock
Date.
BONDS
OFFICERS—Pros., Frank Warren; Sec.T.
Maturity.
Oulstand'g.
Interest.
Stock il)
f>
Mortgage, gold, $400,000, > 1899
par $500
s State Trust Co.,
Road— Owns 25 miles of track.
(!)
1929
('»)
New
Pitt
York, trustee.
Cook.— V.
was
in 1890
Organization, Etc.- Successor
69, p. 744.
4,201: in 1880
was
2,734.
RR.-A
trolley
Organization— Connects Sanford, Alfred, Lyman, Keunebunk, West
Kennetmuk and Kennebunkport, Me with the terminal at Cape
&
Interest. Outstanding. Maturity
Dale.
Bonds-STOCK
Stock. $250,000 ($100)
$250,000
250,000
1929
5 g.
1st mortgage, $250.000, ) 1899
State Trust Co., N. Y., Trustee.
$1,000, gold
Bonds are guaranteed for first five years:
<,
Road -Road between Sanford and Kennebunk, opened August
Road— Owns
to Cape Porpoise, n miles further.Jon Sept. 1 1899;
25 miles: laid with 60 lb. T rails; standard guage, and operating
16 motor and 6 trail cars.
OFFICERS— President, Ernest M. Goodall; Vice-President, Frank
Hopewell; Treasurer, Louis H. Goodall; Superintendent, C. A. Bodwell.-V. 68, p. 332; V. 69, p. 492.
iotal.
23 miles of trolley track.
-A cable road.
22. 1887.
In October, 1899, purchased the iuterest of the Sutro estate ($213,100 stock out of $243,100) in the Sutro Railroad Co., paying $215,000,
which included a depot site.— V. 69, p. 907.
Last Div.,etc.
STOCK
BONDS— Dale. Interest. Outstanding.
2 ,°
Stock (par, $100)
Q-M 15
June,
1900,lk%jJ l 1
i ^
^
Road—
1,
1915
-V.
GEARY STREET PARK & OCEAN RR8
Stock »par $100)
}
See text.
{
$671,000 Oct. 1, 1921
IstM., $750,000, gold.... 1891 5g A - O
Dividends— Payments are in 50 cents per share. In 1895, 6 dividends
of 50 cents paid; in 1896, 5 dividends; in 1897. 3 dividends; in 18;t8,
6 dividends; in 1899, 6 dividends, and in 1900, to June 1, 2 dividends.
Road—In May. 1900, owned 4 miles of double-track cable road laid
with 72-lb. steel rails.
OFFICERS— President, H. E. Huntington; Vice-President, Adam
Grant; secretary and General Manager. Geo. B. Willcutt; Treasurer,
N. T. Smith. Man. Purchases and Supplies, R. P. Schwerin. Office,
'
'
San Francisco.
SUTRO RAILROAD
consolidation of a number of companies,
O RQ AN IZATION—
including those wnose bonds are in the table below. The Metropolitan Ry. has also been mergea. (See V. 61, p. 750.)
Date. Interest.
Outstanding.
Bonds—
Maturity.
Stock
Q-J
$18,617,000 Apr., 1900,60c.
Stock (par $100)
Market St. Cable Ry., 1st 1883 6g. J-J
3,000,000
Jan.l, 1913
c
M.. $1,000 gold
2,000.000
Omnibus Cable Co. IstM 1888
Apr. 2, 1918
350,000
Jan. 1, 1913
Park.v Cliff House IstM 1887 6 J -J
&
M
Ferries
<fe
Cliff
1st
—
fit...
H. 1st
M
1887
1884
1889
6A-0
6M-S
6 J -J
6M-S
700,000
250,000
650,000
Mar. 1,1912
1, 1914
Mar. 1,1914
Jan.
Market Str. Ry. consol..
M. for $17,500,000 g. 1894
5g. M-S
5,124,000
Sept.1,1924
payable at Treasurer's office, San Francisco.
Dividends of 60 cents per share are paid quarterly.
Road Company on Jan. 1, 1900, owned track as follows:
Interest
is
—
Roads owned in fee—
Main line ifcbrcks. (hor-e)...
do.
do.
do.
do.
Roads owned in fee—
9-28 Main line & brehs. (steam)
Miles.
Mites.
(trolley) .1^3-96
(cable)... 58-18
11*80
Total single track
183-22
Rails 37 to 85 lbs. to yard.
. .
Earnings— For year ending Dec. 31, 1899. gross. $3,674,127; net,
$1,253,517; interest and sinking fund, $757,397; dividends, $446 808;
balance, surplus. $49,312.
OFFICERS— President, H. E. Huntington; Vice-President. Charles
Holbrook; 2d Vice-President, A. Hayward; Secretary and Controller, Geo. B. Willcutt; Treasurer, N. T. Smith; Man. Purchases and
Supplu s, R. P. Schwerin. Office. San Francisco, Cal.
PRESIDIO & FERRIES RAILROAD
Organization— Chartered Jan. 6, 1882.
Outstanding.
Date. Interest.
STOCK & BONDS—
,
i.inr^
Stock (par, $100)
„.
S
,
1st niort., $250,000
6
M&N
\
10,000 shares
$55 paid in.
$150,000
Road— Operates ll^ miles of road as1follows:
Maturity.
12-18
in fee
CO.-A trolley road.
to build and operate a road on Central
Ave., etc., to the Cliff, with a branch line to the Park on 8th Avenue^
In Oct., 1899, the Sutter Street Ry. purchased the interest ot the Sutro
estate ($213,100 of the $243,100 stock outstanding) and thus obtains
control of the road.— V. 69, p. 907.
Organization— Incorporated
STOCK—
Par.
Authorised.
Outstanding.
$10
$400,000
$243,100
miles track), was opened Jan. 27, 1896.
(9*9
N, Y.
Population in 1890 was 13,171; in 1880 was 10,820;
and in 1870 was 8,537.
SARATOGA
TRACTION-Trolley.
Organization, Etc.— Incorporated May 17, '97, as successor of the
Union Electric Ry. foreclosed. Saratoga Lake RR. was leased for 99years. In spring of 1899 road was extended four miles to Ballston.
&
BONDS —
Date.
Interest.
Outstanding.
Maturity.
$200,000
300,000
1899
July 1, 1929
IstM., $300,000 gold..
5 g. J-J
In Dec. 1899, was authorized by the State Railroad Commission to
issue the above bonds; $200,000 goto redeem alike amount of firsts
due 1927, which are to be retired forthwith, and remaining $100,000
is for reconstructing Geyser t-prinj. s branch and to build 4^ miles of
new track to Ballston. -V. 69. p. 1248.
Road Owns from Saratoga to the lake, the race track and to Geyserville and Ballston, 13 miles of road; sidings, ^ mile; total track, 13*3
—
miles.
Earnings - Operated only as a summer road. For year ending June
30,189.1, gross, $9,772; net, $2,343; charges, $6,821; def. for year,
$4,478. Total def $1 8,632.
OFFICERS— President, E tward A. Noyes, Portland, Me; Secretary,
McKee Dunn McKee; Treasurer, R. S. Storrs, 40 Wall Street, New
York City.— V. 69, p. 1248.
,
SAVANNAH,
GA.
Population 1890 was 43,189; in 1880 was 30,709;
and in 1870 was 28,235.
RR.— A steam and trolley road.
&
Organization— Incorporated in April, 1882. Controlled in same
interest as and operated by S. T. & I. of H.
Date.
Interest.
Outstanding.
Maturity.
STOCK & BONDS—
CITY
STREET RAILWAYMARKET Formed
by
owned
69, p. 907.
STOCK
OrQanizaTION— Incorporated Nov. 5, 1878. Annual meeting first
Wednesday after second Tuesday in April.
Date. Interest.
Outstanding. Maturity.
STOCK & BONDS—
^.^
Tctal
Stock, $200,000
OFFICERS— President, J. B. Stetson; Vice-President, J. Henry Meyer;
Secretary, A. Stetson; Treasurer, A. Borel <fc Co.: General Manager
ana Purchasing Agent, J. W. Harris. Office, San Francisco. Cal.
Miles.
•68
oad.,
F.
SARATOGA,
^gE^E*
1
Horse
Morrow; Vice-President, J. L. Schmitt;
Secretary, A. K. Stevens; Treasurer, M. Schmitt. allot San Francisco.
OFFICERS— President, R.
Road.— Five miles long
Monthly.
Stock (par, $100)
}
1890 5g. J - J
Jan.
$900,000
1st mortgage, gold
Dividends have been 50 cents monthly.
Road— Operates 11 ^ miles of track on 5*2 miles of street.
Ocean
'
Miles,
Cable road (iron and cement) 5-75
5-75
do
second track
Rails 43 lb. T-
CALIFORNIA STREET CABLE-
<te
^
IstM., g., $1,000 each 1888 5 M-N
May 1, 1918
$900,000
Trustee is California Title, Ins. & Trust Co. of San Fraucisco.
Subject to call at par $50,000 yearly, beginning May 1, 1908. If so
ordered by the company's directors, Nos. 1 to 50 to be called first,
and the others tn the order of their numbers.
Dividends: In 1893, 5 p. c; in 1894, 5 p. c; It: 1895. 4 p. c; in 1896,
4 p. c; in 1897, 5 p. c; in 1898, 5 p. c; in 1899, 5 p. c; in 1900,
Manh, lHp. c; June, 1^4 p. c.
Organization—Chartered Feb. 8, 1877. Annual meeting the second
Wednesday in July.
Date. Interest.
Outstanding.
Maturity.
STOCK & BONDS—
Park
Since 1897 has been entirely
Organization— Chartered Dec.
Stock
SAN FRANCISCO, CAL.
Powell Street 1st
Ry.,
SUTTER STREET RAILWAY
Population 1890 was 298,997; in 1880 was 233,959;
AND IN 1870 was 149.473.
Co. Express Building,
F & San M.
Officers— President, A. B. Spreckles; Vice-Presideut and General
Manager, John A. buck; Secretary and Purchasing Agent, W. Clayton; Superintendent, A. B. Southard.— V. 62. p. 684.
19,
and completed
&
to S.
rebuilt.
,
Porpoise.
F.
May, 1896,
'
SANFORD & CAPE PORPOISE
road
W.
in
soid iu loreclosure.
&
SANFORD, ME.
.
Population
SAN FRANCISCO & SAN MATEO ELECTRIC RAILWAY-A trolley road.
SUBURBAN
Stock (par $100)
$50,000
1882
1st mortgage (old 7s)
6 M-N
200,000
Jan. 1, 1902
6 Q-F
2d mortgage (ol 7s)... 1883
50,000
1903
In Nov., 18 '7, bondholders agreed to reduce interest on their
bonds from 7 to 6 per cent, in return their lien being extended to cover
the entire property of City & Suburban, including extensions and
electrical equipment and $250,000 of the new S. T. & Isle of H. 4s.
First mortgage trustee, T. M. Cunningham.
Interest payable at Savannah Bank & Trust Co.
Road— Operated 21 miles of track.
OFFICERS— President, James H. Johnston; Vice-President, Henry
Parsons; Sec y, E. J. Thomas; Treas., E. J. Thomas, Jr.— V. 64, p. 755.
SAVANNAH THUNDERBOLT
HOPE RY.—OnA May road. the
& ISLE
&
&
Interest.
Oulstand'g.
Maturity.
$1,000,000
4 cur., Q.-J. $1,250,000 J'lv 1,1947
Trustee, Central Trust, N. Y.
c* J
gold, $1,000...
Bonds of 1897 were issued in payment of the acquired property
Road— Operates 19 miles of track.
Officers— President, George Parsons; Vice-President, J. H. Fall
Treasurer, Edward J. Thomas, Jr
Secretary, Edward J. Thomas, Sr„.
V. 64, p. 85, 182, 755. 1089 V. 65, p. 152, 621, 926; V. 69, p. 334.
Date.
Stock
1st mortgage, $1,250,000,
—
>
1897
;
;
1911
Cable, 7^ miles; horse,
2 miles; steam, 2 miles; total track, ll " miles.
Dividends of 10 cents per share are paid monthly.
OFFICERS— President, G. A. Newhall; Secretary, John B. Leighton.
Office, corner Union and Sharp streets, San Francisco.
OF
trolley
29. 1897,
property of the Savannah
Organization—
Traction was conveyed to this company without foreclosure. TheTraction was formed in January, 1897, as successor to the Savannah Electric Ry. sold in foreclosure Jan. 5, 1897 (V. 64, p. 85).
The S. T. & I. of H. is controlled by George Parsons of New York,
Suburban.
who also controls the City
West End Ry., sold at foreclosure
The property of the Suburban
August 1, 1899, was bought in the interest of this company.
SCHENECTADY
N.
Y.
Population 1890 was 19,857; in 1880 was 13,655;
and in 1870 was 11.026.
SCHENECTADY RAILWAY-A trolley road.
STREET RAILWAYS.
Organization— A reorganization in February, 1895, of the Schenectady Street Railway Co., which was chartered in 188(i. Purchased l>y
the General Electric Co. in August, 1898, together with Schenectady
General Illuminating Co.— V. 07, p. 321.
Outstand'g.
Maturity,
Interest.
Dale.
Bonds—
Stock
$300,000
Stock, par $100
See text.
Jan. 1, 1925
5g. J - J
1st M., $300,000, gold, < 1895
c* \ Interest at Merc. Trust Co., N. Y., trustee.
$1,000
Firsts of 1895 are secured In part by $79,700 stock of Schenectady
Illuminating Co. deposited as collateral. Interest paid free of taxes.
In June, 18;»9, $223,000 were outstanding and the sale of the remaining $77,000 was pending for extensions ana improvements.
Road— Single track main line Brandywine to Bellevue 4-22 miles
second track and sidings, -7 miles; total of all track 4-87 miles.
Latest Earnings Present company look charge iu February, 1895.
Xei.
Oth. inc. Int.,tax.,itc. Bal.sur.
dross.
Year
$14,668
$22,231
$5,125
1898-99
$41,117 df.$2,438
24,178
14,720
11,269
33.454
1,811
1897-98
OFFICERS- President, J. P. Ord; Vice President ;>nd Manager, R.
H. Fraser; Secretary-Treasurer, J. J. Kennedy, all of Schenectady.—
V. CO, p. 303; V. 63, p. 1 16; V.65,p.233; V. 67, p. 321.
&
SCRANTON, PA.
Population 1890 was 75,215; in 1880 was 45,850;
and IN 1870 WAS 35.092.
SCRANTON RAILWAY-A
assumed
Organization— On Jan.
ties of
w
-
•
I
:
Miles. Lackawanna Val. Trac
4
Owned—
36 Carboudale Railway
16
Scranton Railway
Leased (earns, separate) - Miles.
Total system
12
73
Scranton & Pittston
5
Scranton & Carbondale
Report— Operations, not including the Ser. & Pitts, and Scr. &
Carb. lines, for the fiscal years ending June 30
Interest.
Gross
Net.
Taxes
B"l.,Sur.
$198,240
$11,000
$127,579
$59,6C1
1899
$393,566
195,231
7.906
127,419
38tf,488
59,906
1898
LATEST Earnings— 10 mos. > 1899-00.Gross, $360,043; net ,$182 343
323,380; net, 163,514
J uly 1 to Apr. 30.
5 1898-99.Gross.
,
Officers— President.
C.
M. Clark; Vice-President,
J. P. Ilsley; Seo'y
Bullitt Building. Phila.; Gen. Man., Frank
Silliman, Jr., Scranton. Pa.— \. 64, p. 85; V. 67, p. 127; V. 68, p. 674.
and Treas.,C. Ford Stevens,
(1) CARBONDALE RAILWAY-A trolley road.
Th's is the old Carbondale Traction Co., which was sold at foreclosure in 1900
The Scranton Railway Co. owns all the stock of the
Carboudale Railway, also the $.HOO,000 ft p. c. gold bonds, due June
Road is leased to Scranton Railway.
1, 1926.
Stock
&
Bonds—
Date.
Interest,
Outsland'g,
Maturity.
$450,000
150,000 July 1, 1922
) 1892 6gJ-J
Interest at Central Trust Co trustee,
New York City.
)
) 1900 5g.J-D
300,000 June 1,1926
> Int. at E. W Claik & Co., Philadelphia.
tered
)Geo. L. Estabrook, Phila., trustee.
BONDS— First mortgage of Carbondale Traction, due 1922, has a
sinking fund of $2,500 per annum after July 1, 1695, but bonds cannot ho ailed. The i ow bonds of Carbondale Ry., due 1926, ha' no
sinking fund, but can be called at any time, at 105 and accrued interest, upon 10 days' notice.
P.OAD— System includes 16 miles of road, beginning at Forest City,
Pa., and running through Vaudling, Richmondale, Wilson Creek
Simpson, Carbondale, Maytleld, Jermyn, Archbald to Peckville, where
It connects with Scranton hues.
Earnings— Year ending June 30, 1899, gross, $59,752; operating
Stock auth., $450,000) ($^0)
1st M., Carboudale Traotion
Co.,c*&r ($150,000), gold
($500 & $1 .000)
Carboudale R'way, 1st inortgage, $300,000, gold, regis-
J-
expenses, $44,248; net, $15,501.
OFFICERS—President, C. M. Clark (E. W. Clark & Co.), Philadelphia;
Secretary and Treasurer, R. A J adwin, Carbondale; (ieu. Manager,
Frank Silliman, Jr Soranton, Pa.— V. 6y, p. 1001; V. 70, p. 75.
,
(2)
SCRANTON & CARBONDALE TRACTIOV—A trolley road.
Organization— Scranton Railway
Co. leases this
company
for fifty
years and operates the road and furnishes the power.
STOCK
Stock
&
BONDS—
Miles. Date.
1st M., $1,000,000, g.,)
Interest.
Outstand'g.
Divs.. etc.
$500,000 J'lyl,'99,l%
5
6 g. J J
150,000 Jan. 1, 192V
Interest at E. W. Clark & Co.. Philadelphia.
1893
&
Stock
Bonds—
Stock (par $100)
Mort. $525,000, g.,
$1,000 <fe $500 c*
gu by Scran. Tr.
-
$1.000
o* >
Free of State tax.
)
Bonds tor $100,000 are reserved for power plant, if required, and
$750,000 for purchase of other railroads and new property.
Road— Owns road extending from Scranton to Archbald, Pa., about
5 miles; connects with Carbondale Railway to Carbondale.
Earnings are new Included in Scranton Railway report.
Date.
Miles.
trolley road.
Oct. 5, 1893, leased
Outsland'g
Interest.
Maturity,
$976,125
15
1893 6g. A-O
"355,500 Oct. 1,1923
Ro*.
] Interest (x) at Union Trust (Trustee), Phila.
1 to 400 $1,000 each and Nos. 401 to 650 $500.
(
x Both principal and interest are payable free from all United States
and State of Pennsylvania taxes.
* Of the bonds outstanding $295,500 are guaranteed by the Scranton Ry,
Road— Operates 12 miles of track, uniting Scranton with Greenwood
Moosic and Taylorville, Avoca, Pittston and Readham.
LEASE— Under its lease the Scranton Railway Company guaranteed the interest and principal on $25,000 per mile of this conpany's bonds, and any surplus earnings after paying all taxes, insurance, interest on bonds guaranteed, etc., was to lie divided between the
lessor and the lessee, one-fourth to the Scranton Railway and threefourths to Scrauton &, Pittston Traction.
Earnings— Earnings are now included in Scranton Ry.
r
.
SEATTLE, WASH.
Population 1890 was 42.837; and
SEATTLE ELECTRIC
in
1880 was 3,533.
CO. -(A trolley road).
This company, recently incorporated in the State of Washington,
a consolidation of nearly all the street railways (all except two
small roads) and electric-light interests in and around the City of SeatThe following companies have been acquired:
tle.
Peattle Traction Co.
Seattle Steam Heat & Power Co.
West St. & North End Electric Ry. Thud St. & Suburban Ry. Co.
Madison St. Cable Ry. Co.
Union Elecirio Co.
Burke Lighting Plant.
Uniou Trunk Line.
Consumers' Electric Co.
First Ave. Cable Hv.
Grant St. Electric Ry.
Green Lake Electric Ry.
Date. Interest. Outstanding. Maturiti/.
Bonds—
Stock
'..
Stock. $5,000,000 com
$5,< OO.OoO
Stock. #1, 250,000. pref. 6
1,250000
per cent non-cum.
900 5 g F-A
3,500,000 F'b. 1,1930
1st M. $5,000,000, gold..c*
£ Boston Safe Dep. & Tr. Co., Trustee.
Bonds— The mortgages on most of the consolidated companies have
been discharged, and companies turned over to the Seattle Electric
Co. outright; the others are operated by the Electric Co. a-t owner of
practically all of the stock and bonds.
ROAD— Operates about 70 miles of track.
OFFICERS— George W. Dickinson. Gtneral Manager. V. 70, p. 231,
is
&
^
584.
SEATTLE CITY RAILWAY-A cable road.
Reorganization— At latest dates road was still in receiver's hands,
no date of sale had been fixed and no reorganization plan adopted.
Bondholders' committee is Winthrop Smith and J. W. Longstretn of
Philadelphia ana Albert Stone of Boston.
STOCK AND BONDS—
Miles.
Date.
Interest.
Outstand'g.
Maturity.
Stock
$600,000
1st M., $600,000. g...
1890 6 g. A-O
5
441,000 Oct. 1, 1910
Interest Oct., 1893, and since in default; Central Trust Co., trustee.
Road— Owns about 5 miles of cable road on 5 miles of street in
Seattle, known as the Yesler Avenue and Jackson Street lines.
Substructure has beeu practically rebuilt during the receivership.— V. 62,
p.
95^.
SEATTLE & RENTON RY. -Trolley.
Organization— In 1899 purchased the road and franchises of the
Seattle
Rauier Beach Ry., formerly the Kauier Ave. El. Ry. foreclosed. The Seattle & Rauier Beach, however, maintains its corporate
existence.
Outstand'g. Maturity.
Date.
Interest.
BONDS—
STOCK
8tock,(par, $100) ($100,000)
$100,000
&
&
1899
5 J" D
65,000 June 1, 1914
gtate gt TrU8t Co ^ Boston> Trustee.
Road— Operates 12-35 miles of track, extending from Seattle to
Ronton, including Seattle & Renton Ry. extension from Rainier Beach
to Reutou. Rails, 30-56 lb. T and girder. Franchise runs till 1915.
First morttra-e
*1 50 000*
tirst
mortgage, $150,000
£
WEST SEATTLE CABLEOrganization— Capital stock, $150,000;
track,
2m.
Pres.,
H.S.King.
SEDAL1A, MO.
,
(
and on
50 rears to Scranton Railway Company; has since been
purchased by the Scranton Railway Company. Tin- Pittston
Company owns tin- entire capital stock of the Lacks wanna Street
Railway and the Pittston Jenkins <fe Avoca Btrei t Kail way, and a
majority of the capital stock of tin- Pittston suburban Passenger
Railway, operating their properties under lease.
;
&
Sept., 1893,
for
1897,
-
SCRANTON & PITTSTON TRACTiON.-A
Organization— Chartered
trolley road.
all the assets and liabilithe Scranton Traction Co., etc— V. 63, p. 1064 V. 64, p. 85.
The company owns all the stock of the Oarbondale Ry. and practically all of the stock of the flcranton A Pittston Traction and the
Scranton & Carboudale Traction; also the entire issue of the new Carbondale Ry. mortgage ($300,000).
Maturity.
Bonds— Par. Date. Interest. Outstand'g.
Stock
$2,500,000
Stock ($6,000,000).. $50
Scranton Trac. 1st 10Q0 lg92 g g-M _ N 1,000,000
Nov. 1, 1932
^
clark & Co - Philadelphia.
Iutere8tx at E
'old no option c- S
100,000
May 1, 1920
Scran.'Pas.Ry.lstM. 1,000 1890 6 M-N
200,000
1909
Scranton Sub. 1st ) 500.fcc 1890 6g.M-N
M., g.,gu.,p.&i.c* I Trustee, Farmers' L. & T. Co., N. Y.
Aug. 1, 1918
200,000
Peon's St. Ry.l st M.g. 1,000 1888 6g. F-A
100.000
Dec. 1, 1921
gen. M., gold .... 1891 6g. J-D
Do
900,000
Nov. 1, 1932
Scranton Ry.M., $2,500,-) 1897 5g. J-J
Trustee.
Continental
Trust,
N.
Y. City.
c* S
000, gold ($1,000)
$279,000
Nov. 1,1932
Scranton Ry. gold col. ) 1900 5g. J-J
trust +500,000 ($1,000, Prov. Life & Trust <'o„ Phila., trustee.
Int. (x) at ohice in Scranton, or ag'cy. Phila.
*500)c*
xFree of United States and Pennsylvania State taxes.
Bonds- Of the $2,500,000 Scranton Ry. mortgage 5s of 1897, $1,600.
000 are reserved to retire prior bonds at maturity. The collateral
trust bonds can lie called at any time at 105 and interest on 30 days'
notice; furthermore the right is reserved to call in and exchange the
bonds at any time before maturity for konris bearing the same rate of
interest "which may be issued by a consolidated street railway company controlling by consolidation or lease the street railway lines
represented by the securities pledged." The securities pledged consist of all the stock (*450,0i 0) and the entire issue ($300,000) of the
Carboudale Railway Co. mortgage of 190" also $498,700 out of the
stock of the Scranton <fe Carboudale Traction Co.; $943,775
$500,0(
out of the $976,125 stock of the Scranton & Pitt ton Traction Co.;
likewise $60,000 out of the $355,500 bonds of the latter.
Road— Owns and operates all the street roads in and around city of
Scranton, having an aggregate mileage as follows:
1,
(3)
85
Population 1890 was 14,068; in 1880 was 9,561;
and in 1870 was 4.560.
SEDALIA ELECTRIC AND RAILWAYORQANIZATION, ETC-— Organized in October, 1898, as a consolidation
of the Sedalia Ry. Light & Power and tne Sedalia & Brown Springs
Electric Ry. -V. 67, p. 483. Owns franchise for a road on ah streets of
Has lighting
City, and also franchise to operate electric-light plant.
contract with city, which expires 1899.
On Dec. 1 1-99, default was made upon the $50,000 6 p. bonds of
the Sedalia A- Biown Springs Electric Kv and on Feb. 1, 190U, upon
the *'/< 0,000 6 p. c. bonds of Electric Ry. Light A- Power. V. 70, p.
231, OnFeb.16, 1900, road was placed in receivers hands; tbe present receivers are Henry C. Flower ami William F. Waller.
Maturity.
Date.
Interest. Outstanding.
Stock
Bonds—
Stock $100,000, par $100.
$200,000
,
,
&
Sed. E.
A
L.
&
P.
mort, g.
Sedalia* Brown Bogs. 1st
M. $80,000 s. f. ($1,000)
•
1892
6g.
1894
6
F-A
J-D
200.000 Aug. 1,1912
50,000 Deo. 1,1914
guar., gold
c*
1st cons.g. $400,000. c* I
140.000 Nov. 1,1938
5 M-N
1898
lnt.atU.S.M.&T.,Tr. J
The bonds of 1892 and 1894 arc subject to call at 101 and intere-t.
On Nov. 20. 1899, *140,00o consols, had been issued.
ROAD— Elco.
Rv. L.
&
P.
miles of single track; Brown
V. 67, p. 4S3; V. 70, p. 231, 382,430
owned 12
Springs, 3 miles; total, 15 miles.
SHAMOKIN, PA.
population
SHAMOKIN
IN
1890 was 14.403; in 1830 was 8,184;
in 1870 was 4.320.
& MT.
CARMEL ELEO
RY.-
STREET RAILWAYS.
88
STOCK
&
BONDS-
Date.
Bonds
$500,000
500,000
6J-D
1893
ROAD— Shiimokin
ham and Centralis,
Maturity.
Outstanding.
Interest.
Stock, * 500,000 ($50)
Dec. 1,1923
Green Ridge, Mt. Caruiel, Cunning-
to Logsville,
miles.
Ki'-j
years ending June 30:
Tares <6 Int. Rental, <£c. BaL.Def.
dross.
\car.
Xet.
*>17,552
$2,390
$30,593
815,431
1399
$41,940
17,354
4", 173
2,060
35,258
19,964
1898
President, G. M. Smith, Shamobfn, Pa.; Secretary. H. R. Snavely
Lancaster Junction. I'a.; Treasurer, O. Smith, Annville, Pa.
EARNINGS— For
fiscal
SHARON,
PA.
RAILWAY.-A trolley road.
VALLEY STREET
Maturity.
Outstanding.
Date.
&
Bonds—
fiscal
years ending June 30:
Gross.
Year.
Taxes.
Net.
$4,436
$17,379
14,881
1«99
1898
1,249
Bat
,Sur.
$4,375
$61
912
337
M. Jolly, Beaver Falls; Secretary, F. G.
Treasurer. A. M. McDowell. Sharon.
OFFICERS—President, A.
New Brighton;
Barker,
SOUTHBRIDGE, MASS.
Population
in 1895
was 8,250;
SHEBOYGAN, WIS.
Co., Boston, Trustee.
ETC—
light
of trolley
"71 miles of wire. Capital stock, $100,000; nrst moHgage, 5 per cent
($1,000) gold bonds, $225,000, dated 1896, due April 1, 1926; interest
A.
O. at Mercantile Trust Co., New York, trustee. For fiscal year
1899: Gross earnings were $65,932; net, $21,381.
&
OFFICERS— President, G.
J. M. Saemann; Secretary,
B. Mattoon; Vice-President
E. L. Debeli.
and Manager.
1.352.
trolley road.
of Phila-
by
ORGANIZATION—Incorporated Nov. 12, 1895. Operates 2^ miles of
track. Extension of 11 miles projected to Stratford, thirteen miles
there to connect with the Bridgeport Traction Co., controlled in the
same interest. Stock, $75,000; all outstanding. No bonded debt.
EARNINGS.—For fiscal year ending June 30, 1899, gross, $6,305!
net, $1,043.
OFFICERS—President, Andrew Radel. Bridgeport, Conn.; VicePresident. Gottfried Krueger, Newark, N. J.; Treas. and Clerk, A. W.
Paige, Bridgeport, Conn.
SING SING,
N. Y.
;
&
STOCK
BONDS—
;
SPENCER, MASS.
Population in 1895 was 7,614; in 1890 was 8,747; in 1880 was 7,466
and in 1870 was 3,952.
WARREN BROOKFIELD
& SPENCER
Population
RY.—A trolley ioad.
STOCK & BONDS—
Stock ($150,00<)
1st M., g., $125,000,
Date.
1896
s. f. C
$150,000 In*98-9,'2i2
125,000 Nov. 1, 1916
M-N
5g.
Int. at Int'l
)
ST.
tributary estimated at 25,000.
Interest. Outstand'g. Maturity.
Trust Co., Boston, Trustee.
Loans and notes payable Sept 30, 1899, $67,500.
Sinking fund is $2,000 annually on and after Nov. 1, 1899.
Road— Owns 20 miles of track connecting Warren, Brookfield, North
Brookneld, Spencer, etc.
Earnings—Year ending Sept. 30, 1899, gross, $58,142; net, $20,856;
taxes, int., etc., $15,606; divs., $3,750; balance, surplus for year,
$1,500.
President, N.
S.
Myrick
;
Secretary and Treasurer, G. A. Butman.
SPOKANE, WASH.
ARLINGTON HEIGHTS MOTOR RY.-2 miles
mortgage
M.
Population 1890 was 19,922; and in 1880 was 350.
&
5s,
of trolley track. Stock, $50,000. First
8., Franklin
Trust Co., Brooklyn, N. Y. trustee. Road leased to Washington Water
Power Co.
PARK TRANSIT.-A
trolley road.
in July, 1889.
Franchiseruns
1919.
till
No incumbrances of any nature on the property."
Road, Etc.— Owns 6 miles of trolley and large public pavilion.
"
In Feb., 1899, extensions were proposed.
tary and Treasurer, C. Glass.
President, D. Glass; Secre-
SPOKANE & MONTROSE MOTOR RR.
ROAD Etc.— Operates 3*8 miles of trolley track. Stock, $50,000;
par $100. 1st mortgage 6s, M-S. $40,000, due March 1, 1902 Trustee. Provident Trust Co. of Boston; Pres. and Gen. Man., C. G. Reeder.
;
WASHINGTON WATER POWER SYSTEM-
65, p. 925.
SPOKANE STREET RAILWAY,
SIOUX CITY, IOWA.
Population in 1900
(city directory census), 50,000;
and
37,806;
in 1880
was
Reorganization— Under plan
in 1890
7,366.
ORGANIZATION, Etc. —Chartered in May, 1894, with authorized capi;
$1,000,000, to succeed the Sioux City Street Railway, sold in
foreclosure. Franchises run for 50 years from 1889.
In 1899 bought all the other Sioux City lines, and now owns and
tai of
operates 4055 miles of road, including the elevated (Sioux City
Transit), the Central Traction, the Riverside Park and the Sioux City
Electric.
Bonds—
Date.
Stock, $1,200,000 ($100)
1st M., $750,000 gold
($1,000)
Bonds— The new
)
Interest.
1899
5
g.
Outstanding.
$1,100,000
750,000
J-J
Maturity.
July
1,
1819
Bank
of Montreal, Chicago, trustee.
5
bonds provide for the retirement of all outstandInt. at
ing securities of the merged companies.
ROAD— Operates 40 55 miles of track. Cars, 75, of which 59 motors.
Earnings— For 10 months ending April 1, 1900, gross, $155,030.
net, $67,666.
OFFICERS-— President, J. S. Lawrence; Vice-President and Treasurer,
Abel Anderson— V. 68, p. 873; V. 70, p. 947.
-
SOUTH BEND,
June 30, 1897, stockholders paid
of 10 p. c. in cash, or 40 p. c. in stock (which stock was resold), to provide for unpaid coupons, floating debt, etc., and bondholders had their interest reduced from 6 to 4^ per cent. Has absorbed by purchase the properties of the following companies: The
Edison Electrio Illuminating Co., Spokane Street Railway Co., SpoImprovement Co., and the
kane Electric Ry. Co., Falls City Land
Ross Park Street Ry. Co. In 1899 a new mortgage for $2,000,000 was
made, providing for the retirement of the bonds of the constituent
IND.
&
companies, and substantially all these old bonds have been taken up,
a bonus having been offered to induce the exchange.
STOCK
&
BONDS—
SPRINGFIELD, ILL
them.
Outstand'g.
$1,000,000
900.000
Maturity.
Jan. 1, 1930
1900 5 g- J J
Girard xruat Co. (Phila.), trustee. Int. at
5 standard Trust Co., N. Y.
Sinking fund of $10,000 per annum begins January 1, 1905, bonds
to be bought in open market.
"
)f
Population 1890 was 24,963 in 1880 was 19,743
and in 1870 was 17,364.
;
Organization— On March 15, 1899, was organized by the consolidation of the South Bend St. Ry., the Indiana Electric Ry., the General
Power & Quick Transit Co., the South Bend & Elkhart Ry. and the
Elkhart Goshen & Southern Ry.; franchise perpetual in South Bend,
Mishawaka and Goshen; in Elkhart expires in 1926; operates local
-electric lines in above cities and interurban line of 26 miles joining
Date. Interest.
Interest.
Consol. mort. & coll. >
trust, $2,000,000, >
gold ($1,000)... c*<fer)
Of the $2,000,000 new bonds, $1,435,000 was to take up outstanding
bonds of the old companies, $150,000 to be issued forthwith, aDd the
balance, $415,000, may be issued for acquiring additional property or
for improvements or betterments.
Dividends—A dividend of $1 per share was paid Jan. 1,'00; July, 1%.
Road— System consists of 36 miles of trolley road, the cable
line having been changed to trolley. Rails 30 to 40 lb. T.
OFFICERS— President, Henry M. Richards; Secretary and General
Manager, D. L. Huntington; Treasurer, Robt. Hawes, all of Spokane.
V. 69, p. 1248.
INDIANA RAILWAY.-A trolley road.
Stock and BOND' —
Dale.
Outstand'g. Maturity.
500,000 July.'OO, 1%
1899 5.g. J-J $1,530,000 July, 1929
Interest at Franklin Trus*^ Co., Brooklyn
Trustee.
Miles.
Stock
Population 1899 (Estimated), 35,000; 1890,21,819,
and in 1880 was 13,280.
Stock, $1,000,000
Tfltmnrt
nnn ooo
1st mort., «i
$1,000,000,
c
g. ($1,000)
ETC.
of
was assessment
SIOUX CITY TRACTION-A trolley road.
&
RY. -Trolley.
Outstand'g.
Interest.
:
Stock, $250,000.
In November, 1897, John V. Cockroft was appointed receiver. In
February, 1900, date of sale had not yet been fixed.
Stock $100,000, par $100.$100,000
Earnings— Years ending June30
1899.
1898.
100,000
1st mort. 6s, J-D
Gross
$18,744 $18,977
Interest in default.
def.488
Net
1,694
June
Current liabilities
6,202
6,799
18,000 Charges
30,1899
Balance
df.5,105
df.6,690
ROAD— 2-76 miles of track.
Stock
RY.
Maturity.
Stock ($100)
Seebelow. $100,000
1st M., $100,000, gold. 1895
5 g.F-A
Feb. 1, 1915
100,000
Loans and bills payable Oct. 1, 1899, $53,000
Interest payable at International Trust Company, Boston.
Dividends
In 1894, 6 p. c; in 1894-95, 2^ p. c; in 1895-96, 4 p. o.;
1896-97, 5'a p. c; 1897-8, 6 p. c; in 1898-99, 6 p. c.
ROAD— Owns lS 1^ miles of track; rails 45 and 50-lb* T.
Earnings— Year ending September 30, 1899, gross, $60,252; net,
$20,773 interest, Ac, $9,583 dividends, $6,000.
Officers— Preside' t, W. B. Ferguson, Boston; Secretary and Tieasurer, J. J. Valentine, South Fratnmghani.
Date.
Organization— Chartered
OSSINING ELECTRIC RAILWAY-
& Leeds
was 6,464.
ST.
SOUTH FRAMINGHAM, MASS.
CITY
Population in 1890 was 9,352 in 1880, was 6,578
and in 1870 was 4.696.
-V.
in 1880
President, Calvin D. Paige, Southbridge.
aft.Nov.l.'99 ($1,000) c.
SHELTON, CONN.
Population i* 1890 was 1,952; in 1880 was
SHELTON STREET R AIL WAY-A
the United Gas Improvement Company
Is controlled
delphia.
was 7,655;
SOUTH MIDDLESEX STREET
Population in 1890 was 16,359;
1880 was 7,314; in 1870 was 5,310.
LIGHT POWER & RYSHEBOYGAN Owns
plant with
and
14 miles
OrQANIZATION,
in 1890
SOUTHBRIDGE & STURBRIDGE
;
in
70-lb. T-rail.
in.;
Earnings— For year 1899 (during construction period), gross, $137,489; net, $54,800.
Officers— President, Arthur Kennedy, Pittsburg, Pa.; Vice-Pres.
and Gen. M'g'r, .1. McM. Smith, South Bend. Ind.; Sec. and Treas., J.
B. McCance, South Bend, Ind— V. 61, p. ^25; V. 68, p. 671.
Interest.
......
$150,000
Slock
1912
^0,000
6g. M-N
lstM., 8*0,000, gold.... 1892
1914
25.000
1894
6g. I-J
2d M., $25,000, gpld
Trustee of both mortgages is Union Trust Co. of Pittsburg, Pa.
ROAD— From Sharon through North Hickory and Sharpsvilhi, 4"45 m.
EARNINGS— For
8 1*
Organization, Etc.— SoutlibridgetoSturbridge, 7*2 miles of trolley.
Stock, $60,000; par $100. Dividends, M.-N. Bonds, $60,000 1st M.
20-year gold coupon 5s, J. -J. Due Jan. 1, 1917. International Trust
Population 1890 was 7.459; in 1880 was 5,684;
ami in 1870 was 4,221.
Stock
ROAD— Length of track, 4Ha miles. Gauge, 4 ft.
Owns 60 cars and 3 power stations.
SPRINGFIELD CONSOLIDATED RY.-
Organization-— A consolidation of the People's Electric Railway
and the Spriugtleld City Railway, the latter incorporated Feb. 18,1861.
STOCK
&
BONDS—
St'k ($750,000 auth.)
People's Elec. 1st
Springfield City Ry. (
1st M., lawful^
~..o. t
money, $1,000.
Miles.
M
Springfl'ldCon.Ry. (
Consol. mort. for <
$750,000 gold.
10
Date.
1891
1890
Interest Outstand'g.
6 A-O
6 M-S
$750,000
100,000
125,000
Maturity.
Apr.
Mar.
1,
1,
1911
1910
Subject to call at 105_after Mar. 1, 1895
Interest at Mercantile Trust Co., N.Y. City.
22
1893 text J-D
418,000
June 1,1933
Interest at Columbia Trust Co. (Trustee), Louisville, Ky.
June, 1897, interest was paid.
STREET RAILWAYS.
Sufficient bonds of '93 are reserved to retire all prior liens at maturity.
Of the $525,000 outstanding $107,000 are held by the Treasurer.
Adjustment— In September, 1897, floating debt was $63,000, and
consol 5 per cent bond coupons due Dec. 1, 1897, were canceled and
Interest on bonds reduced for 1898 and 1899 to 3 per cent and for
1900 and 1901 to 4 per cent, the bondholders receiving 10-year 4 per
See V. 65,
cent scrip for the interest scaled.
floating debt
In Oct., 1899,
730.
p.
had been reduced to $45,000.
1899, owned 24 miles of trolley tracK in the City of
Springfield. Rails 40 and 60 lb. T.
Earnings— For 1898, gross, $121,432; net, $47,101. For 1897, gross,
$105,123; net, $41,560.
OFFICERS-- President, William Jarvis; Vice-President. B. Wilson;
Treasurer and Gen. Man. C. K. Minarv. V. 65. p. 730 V. 67, p. 224.
SPRINGFIELD, MASS.
SPRINGFIELD STREET RY.-A trolley road.
Date.
aft.
(subject to call
Apr.
1,
j
1900)
Bonds (subject
—
to call
1868.
Outstanding.
4^ A ._
4^ A .. 0#
1895
.
S
Maturity.
Text.
$1,458,400
300,000
Text.
8tock $1,200,000 ($100)
Bonds
5,
Interest.
April
1,
1910
200,000 April 1, 1916
1896
S
$75,000
Loans and bills payable Sept. 30, 1899
Dividends— In years 1893 to 1899, inclusive, 8 per cent per annum.
aft.
Apr.
1,
1911)
)
Road.— Owns 66-995 miles
(including 11-535 miles second track) of
main track and 4-39 miles of sidings.
EARNINGS.— For years ending Sept. 30 earnings have been
1899
1898
1899.
1898
Gross earn'gs .$626,030 $583,050 Pivs. pd. (8 p. c.)$l 16,672 $93,336
4,060
1,869
Net
192,542 152,651 Bal. for year...
Tot.sur.Sep.30. 267,221 263,161
71 810
57 446
.
30:
Charges.
Net.
Gross,
Gross,
19i
1899
Betterm'ts.
$100,000
16,660
$205,103
$51,297
27
186,927
Latest Earnings— 10 months to April 30:
1898-9
1897-8
,*it;:;.704;
$18,
114,044
net, $33,646
163,995; net, 42,618
OFFICERS— President, J. H. 8winarton, West New Brighton, N. Y.;
Sec. and Treas., W. E. Findley, 80 Broadway, N. Y.— V. 65, p. 1222; V.
69, p. 386, 646.
Organization— Chartered Dec. 1, 1890. On Aug. 19, 1895, reorganized without change of name. In May, 1898, acquired the line of
the Staten Island Traction Co., and was merged with it.
Judgments were filed In August, 1899, by Richard and Robert
Wetherill or Chester, Pa., for $178,189 for advances made.
Outstand'g. Maturity.
Date.
Interest.
BONDS—
STOCK
Stock, $1,000,000
$1,000,000
5 g. J-J
1,000,000 Jan. 1, 1926
1st mortgage, $1,000,000, J 1896
c*?Int. at Farmers' L.A Tr. Co., N. Y., trustee.
gold ($1.000)
Notes and bills payable June 30, 1899, $202, 150.
Sinking fund after 5 years but bonds cannot be called.
Road— Owns 28 miles of track, including second track, 10*34
miles; sidings. 9-33; rails 65 to 70-lb. T rails and 90-lb. girder.
EARNINGS— Year ending June 30, 1899, gross, $135,648; operating expenses, $101,466; fixed charges, $51,207 deficit, $17,025.—
&
V. 69, p. 182.
OFFICERS— President, Robt.
ter, btapleton; Treas.,
Wetherill. Chester, Pa.; Sec, H. T. Wal-
Richard Wetherill, Chester, Pa.
>
-
StereVt*°;;.:v:i
YEARLY EARNINGS—Year ending June
STATEN ISLAND MIDLAND RR.-A trolley road.
Population in 1895 was 51,522; in 1890 was 44,179;
IN 1880 WAS 33,340, AND IN 1870 WAS 26,703.
Organization.— Incorporated March
DEFAULT— Default was made in pajineut of coupons due May 1,
1899. A majority of the 5 p. o. bonds lias been deposited with the
Bull Committee.— V. 69, p. 886. 646.
Road— Road from South Beach to Holland Hook, 10-7 miles; branch
to Richmond Ave., 6-36 miles; second track, 12-13 miles; total track.
29-23 miles; 90-lb. girder Cambria and 84-lb. girder Johnson Bteel rails.
Oroxs.
Road— In Feb.,
STOCK—
67
STOCKTON, CAL.
OFFICERS— President and Gen'l Manager, John Olmsted; Secretary,
Gideon Wells; Treasurer. Frederick Harris.—V. 66,
p.
135 '62, 860.
Population in 1890 was 14,424
SPRINGFIELD, MO.
Population 1890 was 21,850;
and in 1870 was
in 1880
5,555.
SPRINGFIELD TRACTION
was
in 1880
;
was
10,282.
STOCKTON ELECTRIC RR.-A trolley road.
&
Bonds— stock (?); 1st M. 6s, A-O, $150,000; due 1917;
Stock
trustee, California Safe Deposit & Trust Co. Owns 12 miles of track.
6,522;
OFFICERS— President, Joseph Fyfe; Secretary, H.
CO.
Organization.—Successor in 1895 to Metropolitan Eleotrio Ey.
Stock, $400,000. Bonds $300,000. Operates 15-8 miles of track on
12 miles of streets. President, Charles M. Parker.
STREATOR,
J. Corcoran.
ILL.
Population 1890 was 11,414;
SPRINGFIELD, VERMONT.
Population
in
STREATOR RAILWAY-A
1890 was 2,881; in 1880 was 3,144;
in 1870 was 2,937.
SPRINGFIELD ELECTRIC RY.-A
Organization.— Length
of road, 8 miles,
trolley road.
from Springfield,
in 1880 was 5,157
and in 1870 was 1,486.
trolley road.
Organization— Sold under foreclosure Oct. 7, 1898, to Receiver
C. C. Barr, the principal bondholder, who is now the sole owner of the
property.— V. 67, p. 843.
ROAD— Owns 5% miles of track. Rails 52 lb. girder. Road not in
operation, but expected to be re-opened by the spring of 1900.
No
officers.— V. 63, p. 970; V. 67, p. 843.
Vt.
,
to
CharlestowD,N. H.
Capital stock, common, (auth.) $75,000; issued $65,500; guaranteed
1st mortgage for $100,000 of
6 per cent stock, $45,000: none issued.
5 per cent gold $500 and $1,000 coupon bonds dated Nov. 1, 1897,
due Nov. 1, 1917; interest M-N at National Bank of Commonwealth,
Boston. President, Adna Brown.- V. 64, p. 1043; V. 70, p. 793.
SUNBURY, PA.
Population 1890 was 5,930 in 1880 was 4,077
in 1870 wa8 3,131, and in 1898 (estimated) 10,000.
;
STAMFORD, CONN.
Population 1890 was 15,685; in 1880 was 11,297;
and
was
in 1870
STAMFORD STREET
9,714.
RR.-An
electric road.
Organization—Incorporated Feb. 24, 1886. Control was obtained
by the New York New Haven & Hartford RR. in 1895.
Maturity.
Date. Interest. Outstand'g.
STOCK) BONDS ETC.—
$92,240
Stock, $200,000 ($50)
75,000 Aug. 1, 1909
1886 5 F-A
1st mortgage, $75,000 auth.
143,837
July 1, 1999, bills payable
Road— 11 "25 miles of track. Electricity introduced in 1895.
Earnings— In year ending June 30,1899, gross, $50,042; net, $13,630; taxes, $1,662; interest, $3,750. In 1897-98, gross, $48,561.
Officers.— President, Col. N. H. Heft, New Haven, Conn.; Secretary
and Treasurer, W. L. Squire.
STATEN ISLAND,
was
24, 1885,
Sunbury <fc NopthumberOrganization —Chartered
and Street Railway. Reorganized May 28, 1892, after judicial sale.
Miles. Date. Interest. Outstand'g. Maturity.
STOCK & BONDS—
Stock, $125,000 (par $50)
$125,000
c* 3-2 1892 6 g. J-J
65,000
First mortgage, gold
24,984
Loans (unsecured) July 1,'99
ROAD— Owns 3-9 miles of trolley in Sunbury and Northumberland.
Earnings— For fiscal year ending June 30, in 1898-9, gross, $19,474;
net. $3,975; interest and taxes, $3,938; balance, sur., $37; in 1897-8,
gross, $19,354; net, $3,959; interest and taxes, $4,013. President,
Daniel Coolidge, Lorain, O.; Sec. and Treas., S. P. Wolverton, Sunbury, Pa.
SUPERIOR, WIS.—See
N. Y.
Population 1890 was 51,693;
in 1870
ELRY.
SUNBURY & NORTHUMBERLAND
June
as
in 1880
33,029.
SYRACUSE,
was 38,991
I.
1897, increased its
stock from $500,000 to $1,500,000, and purchased the stock of the
Staten Island Electric RR., one of the considerations for the sale being
the guaranty of the latter's 1st mortgage bonds, principal and interest.
Bonds are $500,000 50-year 1st mort. gold 5s, dated June 1,
1897, $1,000 each, int. J-D. at Guaranty Trust Co., N.Y. Central
Trust Co., N. Y., trustee.
In
Earnings— Year ending June
30.
Fixed ch'g's. Betterm'ts.
1898-9
$205,792
$30,823
$40,521
$25,000
1897-8
185,191
178,435
59,219
25,000
President, Samuel Thomas; Vioe-President and Treasurer, J. H.
Swinarton; Sec, W. E. Findley, 80 Broadway, N. Y.— Otlice, West New
Brighton, N. Y.-V. 66, p. 857.
Gross.
Net.
STATEN ISLAND ELECTRIC RR- -Trolley.
of the State of New
a through line from South Beach to
Holland Hook, where, by means of a ferry, it connects with the Consolidated Traction Co. of New Jersey, and with a belt line around St.
George and a spur up the Richmond Turni>ike to Silver Lake. The
company also controls one-half of the $1,000,000 stock of the Rapid
Transit Ferry between St. George and New York, and owns all the
rights and franchises of the Staten Island Belt Railway.
Date. Interest. Outstand'g.
STOCK
Maturity.
BONDS—
Stock, $1,250,000
$1,250,000
Organization— Incorporated under the laws
York December
11, 1894.
Owns
&
5g.,M-N
1,250,000 May 1, 1945
J 1895
«1
250 000 gu..
,rn
$1,250,000,
Tru8tee> Knickerbocker Trust Co., N. Y.
J
1st consol. mort., $2,000,- \ 1896 5g.,M-N
$750,000 May 1, 1946
000, gold
o* I
Trustee, Guaranty Trust Co., N. Y.
Notes payable June 30. 1899, $178,205.
Consols cover all franchises and property, and also, subject to the
tirst mortgage of 1895, $260,000 stock of the N. Y. Investment & Improvement Co. now deposited with Knlckeibocker Trust Co. as trustee
of first mortgage. Of the consols, $1,250,000 will be reserved for th€
retirement of the firsts, and the balance used for extensions.
IstM
a
1st M., g.,
N. Y.
Population 1890 was 8*, 143; in 1880 was 51,792;
and in 1870 was 43.051.
YORK & STATEN ELECTRIC CO- SYRACUSE
NEW
company
December,
Organization—
OrQANIZATION—
This
West Superior.
RAPID TRANSIT RY-
Incorporated Mav 21. 1896, per plan in V. 62, p. 644.
In 1899 leased East Side Traction for 99 years at a rental of $i 2,500
per annum.
Stock
Common
&
Bonds—
Date.
Interest.
stock
Preferred 6 p. o.,non- cum
People's RR., 1st mtg
1891
Mort. ($3,250,000) gold. .. ) , QQK
18Jb
($1,000)
c*5
5
Maturity.
Authorized.
$2,750,000
1,250,000
J-J
5g.M-S
7.".0,000
Jan. 1,1921
2,500,000
Mar. 1,1946
Guaranty Trust Co., N. Y, trustee.
Loan sec. by 2d M. bonds. 1898
1903
200,000
The Rapid Transit mortgage of 1896 is for $3,250,000, of which
$750,000 of bonds is reserved to retire the People* KR. firsts. In
Oct., 1898. obtained temporary loan from directors of $200,000 for
Improvements, secured by 2d mortgage bonds as collateral.
EARNINGS—Twelve months ending June 30
1898-99
1897-98
Nine months
Grots.
Xet.
$481,522
451,952
$194,537
200,638
to April 30:
dross.
1900
1899
Wet.
Other
inc.
$3,880
8,660
Charge*.
$218,452
176.756
Other inc.
Surplus.
def.$20,035
32,542
Charges.
Surplus.
- -.568
$161,971
$168,612 $2,927
358.1-19
11,112
135
144,048
2,891
ROAD The length of the lines is about 65 miles. In Jan., 1899, extension to East Syracuse proposed; in Feb., 1900, part completed, and
rest to be ready for operation in early future.
$408,198
—
OFFICERS— President, \V. P Gannon; Vice Pre-'t, Ira A. McCormack;
Secretary and Treasurer, T. H. Conderman.— V. 63, p. 525, 774.
EAST SIDE TRACTION.- Successor
in Jan., 1S99, to the SyraRy., foreclosured on Pee. 29. 1898. V. 68, p. 87. The
road is leased to Syracuse Rapid transit for a rental or $12,500 a year.
BONDS— Thirtv-tlve \ ear 5 per cent gold bonds authorized, $250,000
issued, *200,000: V. 68, p. 774; V. 70, p. 686.
(!)
cuse
& East Side
STREET RAILWAYS.
88
TACOMA, WASH.
Population 1890 was 36,006;
TACOMA
in
OFFICERS— President, Albion E. Lang. Toledo; Vice-President. Thos.
H. McLean, Toledo; Sec, Barton 8mith, Toledo; Treas., John B. Dennis,
New York.— V. 63, p. 1116; V. 69, p. 29; V. 70, p. 39.
1880 was 1,098.
POWER--
RY. &
Organization— Incorporated in Feb.. 1899, in New Jersey, "to furnish electricity from water power to the factories and street railroads
of Tacoma." The new company took over all the street roads In
Tacoma. Incorporators: C. rf. Coster. Bird S. Coler, T Jefferson
Coolidge, Jr., Samuel Carr, S. Endicott Peabody, Gordon. Abbott,
Charles E. Cotting of Boston and others.
Maturity.
Dute. Interest. Oulstand'g.
Bonds—
Stock
&
$2,000,000
Com. par$100, $2,000,000
1.107,000 Ap. 1. 1929
M., g.,($1.000)$l, 500,000 j* ) 1899 r,i A.A- O.
not redeem before mat. $ Int. at Old Colony Trust, Bost., trustee.
Road— Operates 60'81 miles of traok.
Earnings -9 mos.
$198,493
57,2:0
$Net
Dec. 31, 1899,
Latest Earnings— i mos. to) 1900.... Gross, $86.9^7; net, $23,249
It, 342; net, 1-.142
April 30, 1900.
S 1K)9... .Gross,
to.
>
cross
OFFICERS— President, R. T. Paine, Bostoo; Secretary,
New York Treas., E. L. Carr. Boston.— V. 68,
Broad.
;
Keeler, 44
284, 873; V.
I. S.
p.
09, p. 704.
TARENTUM,
in 1870
in
;
1st
M,
$100,000, sold, 1894, 6g., J -D. due Dec. 1,1924, but subject to call
Fidelity Title & Trust of Pi* tsburg is trustee.
after Dec. 1, 1904.
Road- -4'7 miles of track and H mile of sidin< in Tarentum and suburbs. Rails 68 lb. girder.
Earnings—For fiscal year ending June 0:
Net
Taxes. Interest. BiL.def.
Tear.
Gross.
$1,933
$544
$6,000
1899
$19,894
$4,611
1,144
924
19,928
6,000
1898
5,780
Sec, J. B. Cranford, TarenPresident, C. G. Hussey, Pittsburg, Pa
tun.; Treas., Frank R. Dravo, 812 Lewis Block, Pittsburg, Pa
'
;
TERRE HAUTE,
company
is
successor to
Street Rail-
bought by a syndicate
The same
parties also
plants. In Feb., 1900,
3 mihs. and, according
to report, will use it as part of the line now building from Terre
Haute to Brazil, a distance of 18 miles, which is expected to be completed within two or th ee months.— V. 70, p. v81.
Maturity.
Oulstand'g.
Date. Interest.
BONDS—
STOCK
&
Stock $1,000,000
(?)
1929
(<)
5
Trustees, U' ion Trust Co. uf Indianapolis and
Boston Safe Deposit Co.
(
Road- Operates 23 miles of track.
OFFICERS— President, W. R. McKeen; Vice-President, J. G. McNutt;
Secietarv. John T. Beasley; Treasurer, Guy E. Tripp.- V. 68, p. 333,
929, 10z'6, 1078, 1227; V. 69, p. 29, 33,', 907; V. 70, p. 281.
(1899
Bonds, $1,500,000
&
Interest. Outsian*'g.
Maturity.
Stock
Date.
Bonds—
Stock, $1,500.' 00 ($10n)
$1,50,001st M„ gold, $1,500,00<\1 1900 5 s. J.-J.
None
Jan. 1, 1920
($5 0, $1,000)
c*
Int at Union Trust Co., Detroit, Trustee.
Bonds— Full or part issue can be called at 110, upon 3 mos. notice
after 5 years.
OFFICERS— President, 8. F. Angus Detroit; Vice-Prest W. B. Comst ck; Secretary, W. A. Comstock, Fremont; Treasurer. A. W. Cornstock Majestic Building, Detroit, Mich.— V. 70, p. 77.
<,
;
Officers— Pres., A. K. Detwiler; Vice-Pres., G. G. Metzger; Sec, G.
K.Detwiler; M'g'r and Pur. Agent, C. A. Denman, 106 Summit St.
TOLEDO MAUMEE
THOMPSONVILLE, CONN.
1890 was 4.663;
1880 was
Population
ENFIELD & LONGMEADOW ELECTRIC
R Y.— A
3,794.
trolley road.
BONDS —
&
STOCK
11, 1895. Miles of track. 836.
Stock, $5u0,000; outstanding. $116,700 par. $100. Bonds, $100,000
20-year roup. 5s, due Nov. 1, 1916, interest M<fcN at New Haven Trust
For 12 mos.
Co., New Haven, Conn., trustee; outstanding, $100,000
ending June 30, 189y, gross, $24,143; net, $5,371; interest, $5,000;
taxes, $947.
President, Chas. E. Graham; Treas. and Man., Lyman A. Upson,
Road —Toledo
and
in 1870
was
TOPEKA R AIL W A Y-Mostly
&
Dale.
TonekaRv
1st
M
Interest.
Road— Owns
S
£
trolley.
Outstanding.
Mahirily.
$1,250,000 f.p
1,100,000 May 1,1922.
1892 4ia g. M-S
Interest at J. Kennedy
C
,<fci
irw?nnni<r
ilf nnn»n
($1,100,000)
g. <*i,ooo) c.
Trustee
Tod&Co.,N.Y. City.
Manhattan Trust Co., N. Y. City.
laid with 35 to 52 pound rails.
i8
33*2 miles of trolley,
OFFICERS— President and Treas'r,
C. C.
Baker; Sec'y, J. G. Slonecker.
TORONTO, CANADA.
Population 1895 was 174,309; in 1890 was 160,141;
and in 1880 was 75.110
For
road.
TORONTO
RAILWAY-A
THE
company see street Railwat Supplement for
statement
^
of this
1
trolley
TORRINGTON, CONN.
Population
&
^
,
.
BONDS—
Stock, $1,250,000 ($100)
50,137;
Organization— Incorporated in May, 1895. On July 1, 1896.
acquired by consolidation all the property, rights and franchises, etc.,
of all the street railways in the city; also controls the Toledo Consolidated Electric Co., which owns and controls practically all the electric
lighting and power business in the city, and the underground conduits.
Date. Interest. Oulstand'g.
Maturity.
BONDS—
STOCK
Common stock, par $100
$4,000,000
6 p. c.
Pref.,6%,non-cum.,par$100
2,000,000
Interest at Blair & Co., 33 Wall St., N. Y.
e
T
8
1889
5 J "J
1.086,000 July 1, 1909
6 1 07
°con?ol °mfrt 1ulrenc7^
Intere8t is
able at Blair & Co.
$1?000, c elmile" . ! : 5
C
^ et
C
T 1
5
1892 5 «• F" A
700,000 Feb. 1, 1912
l sfm?rt 31 mil e\ gol d
^t^
681 at Blair & Co., 33 Wall St., N. Y.
„"
.
c* 5
$1 000
1896 5 g. J&J 3,879,000 July 1, 1909
Tol. Traction' consol'.'M.,)
$6,000,000g., ($1,000) c* 5 Interest at Guaranty Tr. Co., N.Y., trustee.
Bonds— Of the new consolidated mortgage 5s of 1896 for $6,000,000,
$1,786,000 are retained to retire divisional prior lien bonds when
due. The mortgage covers all the railway, subject to the divis
ional liens of *l,786,00O. ana is a nrst lien on the new Central
Station and other realty. The bonds are further secured by the deposit
of $1,000,000 par value of 1st mortgage bonds and entire capital stock
of Toledo Consolidated Electric Co. The bonds of this issue reserved
for future extensions can be issued only at the rate of 75 per cent of
the actual cost of such improvements.
Latest Earnings- July 1 to May siNet.
Charges.
Gross.
ll mos.
Swpli s.
1901
$464,559
$1,024,613
$262,851
$201.7o414,195
916,521
259,171
1&99
155,024
REPORT—Year ending June 30 the earnings have been as follows
Net
Charges.
Gross.
Bat., sur.
$460,028
$283,119
1898-99
$1,006,384
$176,909
367,455
266,140
1897-98
921,998
101,315
ROAD— Track, 97-80 miles. Cars (closed, 124; open, 110; trailers, 39),
m
Jg**&£ -fr^^T^ESSf.
TOPEKA, KAN.
—
TOLEDO TRACTION COMPANY-A trolley road.
m
\
to
Population 1890 was 31,007; in 1880 was 15,452;
and in 1870 was 5,790.
TOLEDO, OHIO.
was
Oulstand'g Maturity.
Interest.
none Feb. '00.
February, 190a, page 87.
in 1680
31.584.
PERRYSBURG
Monroe, 23*2 miles, under construction and to be
ready for operation ahont July, 1900. Projected to Detroit; also to
Dundee, Mich. Rails, 7u-lb. T; stone ballast.
Officers— President, C. A. Black; Treas. and Man., J. M. Mulkey.
Offices, 1020 Chamber of Cummer, e, Detroit.
;
Thompsonville, Conn.
Date
Stock, $450,000 (par $100)
1st M., g„ $450,000 ($1,000)..
Organization— Incorporated Feb.
Population 1890 was 81,434;
&
trolley road.
TOLEDO & MONROE RY—To be a trolley road.
STOCK
in
RY.-Trolley.
Organization, Etc.— Chartered in 1894 to build a street railway
from Toledo to Herryslmrg and Maumee. Capital stock is $300,000.
First mortgage is for $300,000 of 5 per cents, dated 1895. due 1920;
Interest M. & S., at Metropolitan Trust Co., New York, trustee.
ROAD— Owns 14 miles of track, entering Toledo over tracks of
Toledo Traction Co., 8 miles, under perpetual traffic agreement; 56-lb.
rail
14 cars. Has been constructing new power plant and intentions are to utilize water power 9 months of the year. The Toledo
Perrysburg & Fremont Electric RR. forms an extension.
... s
in
ST.
Incorporated Feb., 1894.
Stock, $150,000. Bonds, 1st mortgage *5-year 5s, $300,000, dated
March 1, 1895, interest M-S, $1,000 each; Metropolitan Trust Co.,
New York, trustee. President and General Manager, J. K. Tillston;
Secretary and Treasurer. Frank M. Ohl.
IND.
COTERRE HAUTE ELECTRIC
the Terre Haute Electric
This
NORWALK
Organization— Incorporated in 1899 to build an electric road
from Toledo to Norwalk. a distance of 61 miles. lu Mar., 1900. had
completed 30 miles of track and the rest being pushed to completion.
ELECTRIC RR.— A
Population 1890 was 30,217; in 1880 was 26,042;
and in 1870 was 16.103.
way, sold at foreclosure June 21, 1899, and
represented by Stone <& Webster, of Boston.
bought the Citizens' Electric Light & Power
purchased the Brazil Rapid Transit St. Ry. of
&
line.
TOLEDO & MAUMEE VALLEY
was
TRACTION.-A
TARENTUM
Chartered
1890. Stock $50,000: par $50
Organization—
TOLEDO FREMONT
RY-A trolley
,
in 1880 was 1,245;
944.
trolley road.
Population 1890 was 4,627;
and
PA.
TOLEDO BOWLING GREEN & FREMONT
RAILWAY—
A trolley road. Stock, $500,000: outstanding,
*l0u.OOO; par, $100. No bonds in November. 1899. Miles of track.
extending
25,
from Perrystmrg tojerry Hill; also 22 1111b b additional
operated by perpetual rights over the tracks of the Toledo & Maumee
Valley Rv. and Toledo iraotion Co. President. J. A. Huston; VicePres., E. K. Mussey; Sec, R. E. Ilamblin; Treas., S. C. Schenck.
.'.
in 1899 (est.). 9,000; in 1890
IN 1880 was 3,327.
was
TORRINGTON & "WINCHESTER
6,048;
ST.
RY-
1897 under special act. Operated
from July 1, 1897. Serves a population of about 20.000.
In July, 1899, the Connecticut shareholders bought out the interests
of the Boston shareholders, and it was reported that changes in the
oondition and operation of the road are contemplated.
Organization— Incorporated
STOCK
St
BONDS—
Date.
8tock, $1,000,000 (par $100)
1st
mortgage,
in
$150,000,
<
Interest.
Outstanding. Maturity.
$200,000f.p
1897 5 g. J-D
150,000
Dec.1,'17
Int.atHurlburtNat. Bk .Winsted, Conn.
c* \
gold
Trustee of the mortgage is State Treasurer of Connecticut.
Road— Torrington to Winsted. 13 miles of trolley, of which 10 miles
built on private rightrof-way. Equipped with 56-lb. 4-in.T rails.
Earnings— Por year ending June 30, 1899, gross, $4 0,330; net,
$18,663; interest, $8,080; taxes, $2,165; dividends, *5,00o; balance,
surplus, $3,41^.
Officers— President, James AUdis, Torrington; Vice-Prest., George
B HowarJ, Torr ngtou: Secretary & Treasurer, S A. Herman, Winsted.
General
offices,
Winsted, Conu.
TUSCALOOSA, ALA.
Population 1890 was
4,215; in 1880
was
2,418.
TUSCALOOSA BELT RAILWAY-A steam road.
Organization— Chartered July 5,1889.- Stock, $100,000; 1st mortgage, 5s, gold, J-D, $100,000, due June 1, 1918. Interest is payable
in New York at Knickerbocker Trust Co.
Operates about 6 miles road. President, W. C. Jemison; Sec. and
Treas., John T. Cochran; Gen. Man., J. W. Woolfolk, 15 Wall St.
:
273.
UTICA,
N. Y.
Population 1890 was 44,001 in 1880 was 33,914
AND in 1870 WAS 28,804.
;
FRANKFORT & UTICA ST. RY-To be a
trolley road.
STREET RAILWAYS.
Organization— (bartered Feb. 6, 1895. Road to extend from Frankfort to Utica, 7 miles, with extension to Herkimer, there connecting
with the proposed Little Falls <fe Herkimer. Was to be baf It In 1899,
but in June, 19('0, was awaiting decisi n of Supt of Public Work* for
right of wav on Stat- lands; road, however, expected to be built durStock, $70,000; paid in, $7,000. President, W. I). Lansing,
Sec, John D. Henderson, Herkimer; Treas., John (iiblin,
ing 1900.
Little Falls;
Ilion.
TJTICA
Stock and Bonds— The consolidated company has $12 OO^.COO of
stock, of which $11,200,000 has been issued ithe remaining $800,000
to be held for future uses of the comnany), and ha- authorized an issue
of $2<»,000, 000 collateral trust bonds. Of the bond Issue, $6,558,000 are
reserved to retir« outstanding bonds of constituent companies. The
remaining $13, 442.0C0 have been issued, and $7,7.^0,000 of the same
weie ottered for public subscription Id June by Messrs. Brown Brothers
& Co., the United States Mortgage Trust Co., and Kountze Bros.
Date.
Rate.
OulstawVg.
BONDS—
STOCK
Maturity.
Stock (am h .-tl2.0C0.000)
$11,200,000
1st mort. collateral trust, S 1«99 4-s g. J.-D. 13,442,000 Jane 1, 1049
gold, $2<J,000,< 00
<Int. atU.S.Mtg. &Tru-t <>., N. V., trustee.
Bonds may be redeemed at 107 ^ and accrued interest on 5 months'
notice.
&
&
BELT LINE STREET RR. -Trolley.
,
18, 1880, and owns the principal
street car lines in Utloa and adjoining villages, rt leases and operates
a portion of the Clinton <fe Bingham ton Railroad at a rental of $15,000,
the lease being dated 1886 and running 99 years. In February, 1H97,
the stockholders voted to lease the railroad and parks of the Utica
Suburban Ry. for 99 years; rental interest on its S p. c. bonds. On
Jan. 30, 1900, stockholders voted to lease the Utloa Suburban RR., including the line already built between Whitesboro and Onskany and
the proposed extent-ion from the latter pbice to Rome. The L'tica
on an additional issue of $250,000 1st mortBelt guarantees 5 p.
gage bonds. V. 70, p. 231.
Miles. Dale.
Interest.
Outs'd'q.
Maturity
Bonds—
Stock
Organization— Chartered June
<
Officers— President, Col. George Truesdcll; Vice-President, Charles
Lieb
Treasurer, H. I). Mirick
Secretary, James B. Lackey.—V.
A
;
&
F*ef. ($150,000) ($100)
lAt M. ($50O,000i gold
M. ($200,000) gold. C
Utlca Suburban 1st >l. )
gold, $50,000, guar. }
1889
1891
m
($500 each)
$150,000f.p
!50,0»0f.p
500,000 Nov. 1, '39
200,000 Jan. 1,1931
M
5
5 J-
1897 5
g.
M-S
1937
50,000
ANACOSTIA & POTOMAC RIVER RR.—
& Electric owns
(1)
Interest at N. Y. Security * Trust Co, (trustee), N. Y. City.
Stock Preferred stock is non-cumulative and only entitled to divi
dends when earned as follows: For two years from May 1st, 1896, at
i pnr eeut and thereafter at 6 per cent.
Bonds— 2nd M. bonds draw interest for 4 years from July 1st, 1894, at
4 p. c, and there after at 5 p. c. Sec, mtgo. bonds are $500 each.
Miles.
Lines Owned.
Miles.
Road Lines Leased.
1-75 Main line
Yorkville to Upper Mills
638
3
Main street to New Hartford.. -80 Branch
160
"
3*79
to Whitesboro
5*00
Sidings (owned and leased
Total of all
22-23
—
Annual Report.— For years ending June 30 earnings have been
1898-9.
1897-8.
Gross
$206,731
Net
66,659
Other Income.
387
1898-9.
$192,836
51,613
583
:
1897-8.
and
Int.. rentals
taxes.
$55,915 $52,147
Batai ce, surplus 11,131
49
OFFICERS— President, John W. Boyle; * ice-Pres ..Tames T. Gardiner;
TronB., N. Pendergast; Sec, John H. Grant..— V. 63, p. 503; V. 65, p.
568; V. 70, p. 2dl.
.
Control
18!'9 t
to be
to a
connection with the Frankfort & Utica.
Miles. Date. Interest. Outstand'a. Maturity.
STOCK- BONDS, ETC.
Stock, $250,000, par $50
$52,100
1st mortgage, gold
1890 5 g. J-J
75,000 Julyl,1910
2d mortgage, $35.000
1896 6M-N
20,000 Nov.1,1910
Bills payable June 30, '99
29,017
Road— Owns from Genesee Street to Utlca Park, 2^ miles; sidings
0*33 miles; total, 308 miles; also parks valued at $45,994.
Earnings— For year ending June 30, 1899, gross, $25,685; net,
$6,753; fixed charges, $6,473; balance, sur., $280. For year 1897-98,
fross, $26,423; net, $2,216; fixed charges, $7,235; balance, def.,
—
.
5,019.
OFFICERS— President, James
,
Mann;
F.
Hugh
Vice-Pres.,
Henry W.
Millar;
White.
CITIZENS' RAILWAY.-A
Date.
Stock & BONDS—
Stock
$350,000
1st mortgage, currency...
1890 6 A-O
350,000
Oct. 1, 1910
Trustee is St. Louis Trust Company of St. Louis, Mo.
Road— Operates about 19 miles of track. V. 66, p. 84.
OFFICERS— President and General Manager, H. C. Scott.—V. 66, p. 84
Organization—
the principal street railroads
in Washington and the two Electric Light Companies, whioh alone
are operating, or authorized to operate, in the national capital. The
railroad companies have 152-33 miles of track (all under electric trao
tlon or in process of conversion), while the Electric Light Companies
have 72 miles ot subways with about 400 miles of ducts, besides
many miles of overhead wires. The following shows the total outstanding stock of the companies controlled and the amount of
the shares acquired in each instance by the Washington Traction <fe
Electric.
RR
Total Railroads
Lighting—
United States Electric Lighting
PotoinaoEleotrio Power
Total lighting
Total
Shares
shares. Acq'ued
22*67
13*88
27*75
880
11-90
2*90
13*62
10*11
3180
7*57
1-32
152*32
stock.
$997,750
400,000
19,955
8,000
2,000,000 40,000
200.000
4,000
108,550
2,171
25,000
86,800
50,000
1,750,000
200,000
100,000
& Electric owns 2,164
out of the 2,171
shares of stock.
STOCK
&
Bonds—
Miles track. Dale. Interest. Outstand'g. Maturity.
Stock, par $50
IstM
lib
General mtges
119,
-V.
$108,500
250,000 Oct.
100,000 May
6A-0
1892
1893
6
M-N
1,
1,
1912
1913
67, p. 1355.
COLUMBTA RAILWAY.-Underground electiic.
(3)
The Washington Traction & Electric owns all the stock.
Date. Interest. Outstand'g. Maturity.
STOCK & BONDS— Miles.
Q-M $400,000 See text.
13*88
1894 6 A-O
500,000 Oct.l, 1914
Int. at American Sec. <fe Trust Co trustee.
Stock ($400,000) ($50)
M. ($500,000) cur.
Not subject to call.c
Ext. M., $500,000. g
Not subject to call.c.
— V. 67, p. 788 V. 63,
1st
;
,
5g.AO
1898
Interest at Amer. Sec.
572, 619, 773.
&
400,000 Oct. 1, 1914
Trust Co., trustee.
p.
(4) GEORGETOWN & TENALLYTOWN RY.— The Washington
Traction & Electric owns 3,092 of the 4,000 shares of stock.
Date.
Interest.
Outstand'g. Maturity.
BONDS—
STOCK
Stock, par $50
$200,000
1894
lstmortgage
6
70,000 Feb. 1, 1904
1896
F-A
6
30,000 Feb. 1, 1904
2d mortgage
F-A
METROPOLITAN RR.—Underground electric.
The Washington Traction & Electric owns 18,5 6
(5)
e
of the 20,000
shares of stock.
Date.
STOCK & Bonds,000 000 Par
?$56)^
S"-
8t
'
Maturity.
Outstanding.
Interest.
Q" J
'
$997,750
lstM.,$l,856,6o6,"goYd'(1895 5 g F-A
Feb. 1, 1925
1,850,000
Not subject to call.c* ( Int. at Bait. Tr. & Guar. Co., Trustee, Bait.
6 J- J
July 1, 1901
Collateral trust bonds, < 1892
1,000,000
sonvertible
< Int't at National Bank Republic, Washington.
250.'00
A 1896 6 A-O
Certs, of indebt
Oct. 1, 1906
Certs, of indebt
B 1897
250,000
Jun* 1, 1907
V. 63, p, 459; V. 68, p. 572, 619,773, 824, 1133.
J&D
—
WASHINGTON & GREAT FALLS ELECTRIC RY.-A
&
Electric
owns 866 out
trolley
of the 868 shares
of stock.
Capital stock, $86,800; 1st mortgage 6s, $400,000.
(7) CITY & SUBURBAN RAILWAY.-Underground electric and
overhead trolley. The Washington Traction & Electric Company
owns 30.602 shares out of 3\000 shares. Stock. $1,750,000; par
value $50; all issued. Bonds, fir t mortgage 5 per cent gold, $1,750,000. Oate, August 1, 1898; interest payable February and August
The
at Baltimore Trust & Guarantee Co.; maturity August 1, 1948.
bonds have a sinking fund of $25,000 yearly from any surplus repayment
cannot
be
called.
maining after
of 6 p. c. on the stock, but
<fe
WASHINGTON TRACTION & ELECTRICThis company controls
Columbia Railway
Anaoostia & Potomac
Georgetown & Tennallytown
Brightwood Railway
Washington Wood side & Forest
OlfV
„
Washington & Great Falls
Washington &Roek\ille
City & Suburban Railway
Washington & Glen Echo Ry
Capital Railway
BRIGHTWOOD RAILWAY.— A trolley road.
The Washicgton Traction
Company owns 985
shaies out of 1,000 shares. Stock, $.5,000;
outstanding. Bonds, $4 ',000 first mortgage 6 per
tric
;
Capital
$2,000,006
2.250,000 Apr.1,'48
& Guar. Co., Trustee.
(8) WASHINGTON WOODSIDE & FOREST GLEN RAILWAY &
POWER CO.— Overhead trolley. The Washington Traction Elec-
D. C.
Population 1890 was 188,932 in 1880 was 147,293;
and in 1870 was 109.199.
Mileage.
($1.000)
68, p. 4 26, 773, 824.
2775
1899 5g A-O
Unt. at Baltimore Tr.
The Washington Traction
in 1880 was 7,295
3,008.
trolley road.
Interest. Outstand'g.
Maturity
;
Name of Company—
Miles. Date. Interest. Outttand'g. Maturity.
—V.
(6)
WACO, TEXAS
Metropolitan
& Bonds—
Stock
Stock an...$2.U00,000($50)
New M. $3,000,000 g...C* t
road.
Population 1890 was 13,067
and in 1870 was
WASHINGTON,
39,865 out of the
40,000 shares of stock.
&
MOHAWK RAILROADchanged hands May,
and road
extended
UTICA &
Sec, William E. Lewie; Treas
The Washington Traction
(2)
)
;
68, p. 1027, 1134, 1184, 1228; V. t9, p. 1013.
<••.
Com. ($150,000) ($100)
89
1,000
868
1,000
35,000
4,000
2,000
18,55b
8,000
39,865
3,082
2,164
985
866
1,000
30,6i'2
3,902
1.988
$5,918,100 117.994 111,010
Stock.
No. Shares.
Acq'd.
$1,095,400
1,000,000
10,934
10,000
10,668
10,000
$2,095,400
20,954
20.668
Total all oompanies
$8,013,500 138,948 131,678
In Feb, 1S99, the total amount of bonds outstanding on the above
properties was $9,9' 4,100, of which the Washington Traction & Electrio owns $1,288,000.
The syndicate also has the right to purchase the stock of the Washington Automobile Co.
par value, $25; all
cent; interest payable
June and December at Washington Loan
<fe
Trust Company.
(9)
—
WASHINGTON AROCKVILLE RAILWAY CO.—Overhead trol&
Company
ley. The Washington Traction
owns all the capElectrio
ital stock.
Stock, $300,000 authorized, par value $50; $50,000 Issued; bonds, $45,000 5 p. cist mortgage, dated Nov. 15, 18^7, pay-
able Nov. 15, 1902.
(10)
Interest payable at
West End National Bank.
CAPITAL RAILWAY— Overhead trolley —Washington Traction
Elec. Co. owns l,9si8 out or 2,000 shares. Stock, $100,000, par value
$50: all outstanding. Bonds, first mortgage 5 per cent, $65,000,
dated May 1. 1897: second mortgage 5 per cent, $35,000. dated Aug.
24. 1898; third mortgage 5 per cent, $90,000. dated Aug. *4. 1898; all
interest payable at the Washington Loan & Trust Co.; all bonds mature3i) yetrsfrom date; road now in the hands of a receiver.
«&
(11)
WASHINGTON A GLEN ECHO RR.—
ROAD— Owns
5*n miles of double (11 miles single) track, from Cabin
John Bridge to Chew Chase Circle in District of Columbia. The
Washington Traction & Electrio owns 3,90*2 of the 4 ,000 shares of
stock.
STOCK
&
BONDS—
Stock (par $50)
1st mortgage, gold
Date.
o*
1896
&
Maturity.
Interest.
Outstand'g.
6g.J-D
$200,000
200,000 June
1.
1916
Interest at Washington L.
T. Co. (D. C), trustee, also at Stahl
Straub, Philadelphia.— V. 63, p. 716.
&
TRANSIT.BALTIMORE & WASHINGTON
extending from Takoma
trolley road
Sept., 1897, and by a trattic agreement
runs
ears into Washington, where transwith the Brisrhtwood Electric
fers are given to eitv lines. Extension proposed to Sandy Spring. Md.
14 miles. Stock, $100,000; par. BOO. First mortgage 5s, $500,000,0'
($500), of which only $50,000 has been issued: iuterest A-O: balance
can only be issued upon completion ot extensions and double tracking.
Guardian Security Trust & Deposit Co., Baltimore, Trustee.
: WashingOFFICERS— Pres, T. William Harris, 1335 " P" St., X.
ton Vice-Pres.. A. W. Williams, Baltimore SecTrts., Jos. A. Gilpin,
of Baltimore, Md.
to
Oroanization.— ODerates a
Glen Sligo. i milep, opened
t
W
:
;
STEEET KAILWAYS.
90
CAPITAL TRACTION— An underground trolley road.
Organization— in the fall of 1895 absorbed the Washington &
Georgetown and Rock Creek companies. See V. 61, p. 283, 328, 588.
Maturity.
Date. Interest.
Outstanding.
Stock & Bonds—
8tk,$12,000,000 ($100)
Sect
Text.
$12,000,000
M. ($500), $1,- ) 1900
4 A-O
1,080,000 Apr. t, 1920
500,000
\ Nat, SafeDep. Savings & Tr. Co., trustee.
Bonds- Of the new mortgage dated April l, 1900, *1, 080,0^0 -was
issued to retire $1,000,000 1st mtge 5s due Jan. 1. 1903 (which bad
been pledged for loans) and $80,000 floating debt; the balance, $420,000, is reserved for future requirements.— V. 70, p. 791.
Dividends—In 1895,1 p. o.j in 1896, .l^p.c; in lS97,.Tuly.l60cents
per share; Oct. 1,65 cents; In 1898, July 1, 75 cents; Oct. 1, 75 cents;
in 1899, 4 dividends of 75 cents each; in 1900, Jan., 75 cents; April, 1
New
p.
1st
c; July, 1
p. o.
Bond.8— The mortgage has a first lien on all property and franchises of
the company, including electric-light plant. The $200,000 of bonds
anissued may be used for future extensions.
Dividends— In 1896, July, 1 p. c; Oct., 1 p. c. In 1897, Jan., 1 p. c;
Apr., 1 p. c July, 1 p. c; Oct. 1 1 p. o; in 1898, Jan., 1 p. c; Apr., 1
p. c; July, 1 p. c; Oct., 1 p. c; in Apr., '99, 1 p. c.
ROAD, Etc.— In Nov., 1899, was operating 13-04 miles of road with
15-66 miles of track, extending through the city of Waterburv to Union
City, the borough of Naugatuck, etc. Rails are 60 and 70 lbs.
In November, 1899, was building an extension to Oakville.
;
,
ANNUAL Report.— For years ending June
Railway
Electric lights
ROAD— Underground trolley
Earnings—
30:
.
1899.
1898.
$182,219
110,204
$170,539
105,106
$292,423
$275,645
Ket.
,
1899
$76,888
.
1898.
48,147
$74,609
47,588
$125,035
$40,121
25,499
$122,197
$42,123
24,000
(since Apr.'98) double track,17'98 miles.
1899.
Gross receipts
Net earnings
Dividends paid
Gross.
.
1896.
1897.
1898.
$1,036,165
$993,177
$908,839
379,911
202,042
336,637
419,873
209,958
269,961
OFFICERS— President, G. T. Dunlop; Vice-President, C. C. Glover;
Secretary and Treasurer, C. M. Koones; Chief Engineer and Superintendent, D. s. Oarll. General oltiee, Washington.— V. 66, p. 38; V. 69,
p. 954; V. 70, p. 175 429, 583", 791.
$1,124,434
467,833
359,950
Interest
and taxes
Dividends
Balance, surplus
Officers— President, R. A. C. Smith
M.Young; Gen. Mgr., J. E. Sewell.
$59,415
$56,074
Sec, H. G. Runkle; Treas., A.
;
WASHINGTON ALEXANDRIA & MOUNT
WATERTOWN, N. Y.
VERNON ELECTRIC RY.-See Alexandria, Va.
Population
1890 was 14,725; in 1880 was 10,697;
1870 was 9,336.
WASHINGTON
ARLINGTON
& FALLS BLACK RIVERinTRACTION
CO-TroUey.
road.
CHURCH
R Y —A
Watertown & Brownville
Organization— Successor Dec, 1897.
Chartered 1894-6-8
Arlington
in
trolley
as the successor of the Washington
Stock, $100,000; bonds, $100,000 1st 6s, gold, int. J&J.
&
Ry.
Aqueduct Bridge
to Fort
Mver, Arlington National Cemetery and
Corbetts, 3 9-10 miles; also to Falls Church, Va.,
6^
Standard gauge and steam RR. track.
miles.
Owns
5 miles surveyed and planed for 1900.
Treas. and Man., R. H. Phillips.
miles
;
total 10-4
Extensions of about
Hinchman; Sec-
Pres., C. S.
in
to
Ry., foreclosed. 7 miles of trolley. Stock, $65,000. Funded debt,
$55,000 5s due Jan. 1, 1918. Earnings: For^year ending June 30
1899— Gross, $35,569; net, $10,531: other income, $652; charges, $3,566; net income, $7,617. Officers Pres., Julius A. Lebkuecher, New
ark, N. J.; Vice-Pres. H. F. Inglehart; Treas., N. P. Wardwell; Sec'y,
St.
.
—
Geo. H. Walker.
WATERBURY CONN
WATERVILLE, ME.
3
Population 1890 was 28,646; in 1880 was 17,806; in 1870 was
10.826, and in 1898 (estimated) was about 40,000.
CONNECTICUT LIGHTING & POWER-
Organized in 1899, and contemplates uniting vinous street railway
light and power properties in Connecticut. Up to June. 1900, had
acquired the Central Ry. & Electric Co. of New Britain; the Waterbury
Traction of "Waterbury; Naugatuck Electric Light Co. of Naugatuck;
Norwalk Gas Light < o.; Norwalk & South Norwalk Electric Co.;
Norwalk St. Railway Co.; the Greenwich Gas & Electric Co. and the
Housatonic Power Co. It has been reported that the company would
issue $6,000,000 of long-time bonds to pay for these and other prop
erties which it is intended to acquire, but we are informed that the
amounts of stock and bond*to be issued are subject to change.
In June, 1900, it was officially denied that the United Gas Improvement Co. of Philadelphia had acquired control of this co. V.70, p, 1197.
OFFICERS— President, R. A. C. Smith; -Treas., A. M. Young; Sec. and.
Asst. Treas., H. G. Runhle: Gen. Mgr., J. E. Sewell, Waterbury, Conn.
New York office, 100 Broadway. V. 69, p. 1193; V. 70, p. 741, 1197.
and
CENTRAL RAILWAY & ELECTRIC (New Britain).
Has been acquired by the Connecticut Lighting & Power Co.— see
(1)
V. 68,
p.
1133.
Organization —Does both an
electric light
ley) business, being a consolidation of the
New Britain
and
street railway (trol-
New Britain Tramway
and
Population 1890 was 7,107; in 1880 was 4,672;
AND
&
1899
$28,788 $15,959
$13,701
$2,258
24,190
16,039
(?)
(?)
Officers— President, n. F. Woodard. Bangor; Treasurer, H. D. Bates,
Waterville; Gen. Man., W. S. Wyman, Waterville, Me.— V. 65, p. 1027.
...
1898....
$20,700
20,208
Electric-Light Co.
BONDS—
Interest. Outstanding.
Date.
Maturity.
Stock ($1,000,000) $25
$600,000f.p
1st M. s.f $750,000 (Trus., <
600,000 Dec. 1, 1923
1893 5 J - D
Old Col. Tr. Co., Bost.)c* \ Interest at New Britain National Bank.
Bills payable June 30, 1899
$10,000
80,000
1906
1898 5 A-O
Counon notes
J
coupon
f Int at Am- Loan & Trust Co., Boston.
ROAD— July 1, 1899, owned road 18*62 miles in length, being 4^
miles in city streets and 4 "^ miles to Plainville 4 miles to Berlin
3^ miles to Newington Centre; switches, etc., 2 miles. Length of road
paved, 10-25 miles. The Newington Tramway was formerly owned
jointly with the Hartford Street Railway, but Similes to Newington
Center was purchased in 1897 by Central Railway & Electric and
balance by Hartford Street Railroad. The two roads roads join at
Newington Church, and through cars are operated from New Britain
to Hartford under a 99-year contract; distance from central part of
New Britain to central part of Hartford, 10-42 miles. Rails 35, 40,
56, 60 and 67 lbs. Cars, 13 closed and 23 open.
Earnings— For years ending June 30, 1899, in comparison with the
year ending Sept. 3o, 1898, results are:
Total gross.
Railway.
Elec. light.
Net.
1898-99
$91,512
$156,241
$64,729
$51,572
1897-98
96,956
164,443
67,487
57,105
From net in 1898-99 paid taxes and bond interest, $41,649.
OFFICERS— President, R. A. C. Smith; Secretary, H. G. Runkle; Treasurer, A. M. Young; General Manager, J. E. Sewell.— V. 65, p. 1054; V.
69, p. 1193; V. 70, p. 76, 77.
;
NORWALK STREET RAILWAY—Trolley.
Has been acquired by the Connecticut Lighting & Power Co.— See V.
68, p. 1133.
Organization— Chartered in May, 1862. There were $110,000 of
bonds outstanding, but these were called at 105 and paid off July 1,
1899.
Stock ($500,000) $25. $100,000 f p.
Road— Operates 7*78 miles of track connecting Norwalk, South Nor.
,
walk and Winnipauk.
July 1, 1899, bills pay able, $42,000.
Dividends— 1897-98, l 1 per cent; in 1898-99, 4^ per cent.
Earnings—Year ending June 30, 1899: Gross, $49,7.-8; net, $20,691; interest charges, $8,680; taxes, $2,255; dividends (4^ p. c).
For nine months ending June 30, 1898,
$4,500; surplus, $5,256.
*?
gross, $36,430
dividends (4^
;
net, $11,132; interest charges. $4,402; taxes, $2,230;
Population 1890 was
WAVERLEY
SAYRE
A
TION CO.—
(3)
N. Y.
2,270.
& ATHENS TRAC-
trolley road.
Organization— Incorporated Jan. 23,1893;
stock, $200,000; 1st
mortgage, $150,000, 6s, J&J, due Jan. 1, 1925; $150,000 issued.
Operates 6 miles of track.
Sec. and Treas., A. C. Wade, both of
President, A. N. Broadhead
Waverley.
^^^^^
;
WEBB
CITY, MO.
Population 1890 was 5,043
;
in 1880
was
1,588.
MISSOURI ELECTRIC
SOUTHWEST
A
RAILWAY.—
trolley road.
Organization, Etc.— A consolidation on August 21, 1896, of the
South M. Elec. RR.. Jasper County Electric and Joplin & Galena Electric Ry. In 1898 the company reported population of places along its
route as 51,600. In Oct., 1898, control passed into the hands of
Joplin and Harrisburg, Pa., capitalists.
STOCK
&
BONDS—
Date.
Interest. Outstand'g.
Stock, $800,000, auth
Mortgages—
Joplin to
terville
Webb
$200,000,
\
* Galena Elec RR
^„,„Si
^aiena, ;S5'
goia,
f
<
i£-ru\\
DUU
*
6g.
M-S
$200,000 Mar.
1,
1913
Subject to call on Mar. 1. after 1903.
Cent.Trust Co., trustee, N. Y. City.
1896 6 «- J_J
$120,000 July 1, 1926
Subject to call on July 1, after 1903.
TrU8tee8> cent'l Trust Co., New York, and
Mississippi Valley Trust Co., St. Louis
g., $500.... c* ) Int. at
ronlin
P
(
1893
City, Car-)
and Prosperitv,
Maturity.
$800,000
'
I
$180,000 July 1, 1926
Carterville to Carthage ( 1896 6g. J-J
< Subject to call on July 1 after 1903.
($500)
1H
«g-M-N
$300,000 Nov. 1, 1928
Sonthw Mo Flectric Rv I Subject
to call on any Nov. 1st after 1903.
™iS «innn
* i,uuu, J1 Int. at Nat. Bfe.of Commerce, N.Y. Trustee.
S
cS^nrtnn:
»duo,uou
[Mississippi Valley Trust Co., St. Louis.
Road— Operates 40 miles of track connecting Joplin, Webb City.
Carterville, Carthage, Prosperity and Galena, Mo.
EARNINGS-For year ending Aug. 31, 1899, gross reoeipts, $166,377;
net, after deducting taxes and interest, $44,302;
898, gross receipts,
$115,050; net, after deducting taxes and interest, $13,120.
OFFICERS— President and Treasurer, A. H. Rogers, Joplin, Mo.; Secretary, A. G. Knisely, of Harrisburg, Pa.— V. 67, p. 843; V, 69, p. 852.
"
ohJ^
'
1
p. c), $4,500.
Officers— Prest., R. A. C.Smith; Secretary, H. G. Runkle; Treasurer, A.
$24,047
20,021
WAVERLEY,
t
(2)
4.852.
&
Securities below include both railway
plant. Population of >*ew Britain in 1895 estimated at
See editorial in V. 65, p. 1054.
STOCK
was
Organization— In December, 1897, the stockholders agreed to give
the bondholders the right for five years, or until the company shall be
in a position to meet all its fixed charges, to elect a majority of the
board of directors, the bondholders, in turn having exchanged their
$200,000 of b per cent bonds for a like amount of 20-year 5s.
Date. Interest. Outstand'g. Last div., etc.
STOCK
BONDS—
Stock (par $100) ($200,000)
$200,000
Prior lien bonds
1897 5 M-N
40,000 May 1, 1937
Consol. mortgage, Class"A"< 1897
5 M-N
200,000 May 1, 1937
and Class "B"
American L. & T., Boston, trustee.
(
ROAD— Operates 4-75 miles of trolley between Fairfield and Waterville, and furnishes light and power for miscellaneous purposes.
EARNINGS—For years ending June 30 as follows
Interest, Surplus
Gross
Gross It.
Total
Total
<f. Power
oper. exp.
net.
taxes, etc. for year.
ofRy.
and lighting
26,000.
in 1870
WATERVILLE & FAIRFIELD RY. & LIGHT
M. Young; Gen'l M'g'r,
J. E. Sewell.
WATERBURY TRACTION.— A trolley road.
Has been acquired by the Connecticut Lighting & Power Co.— See
V. 68, p. 1132.
Organization— Organized in 1893, a consolidation of the Connecticut Electric Co. and the Waterbury Horse RR. Co. Franchise perpetual.
Interest. Outstand'g.
Maturity.
Date.
STOCK
BONDS—
Text. Q-J $750,000
Seetext.
Stock, $1,000,000 ($100)
- N
Nov. 1, 1923
600,000
1st mort., $800,000, gold ( 1893 5 g.
Tax exempt in Connecti't< Sub. to call at 104 and int. aft. Nov. 1, 1898
($100 etc)
t Trustee, Treasurer State of Connecticut.
&
M
WEST SUPERIOR,
WIS.
Population of Superior 1890 was 11,983.
SUPERIOR RAPID TRANSIT RY.-A trolley road.
Organization— "A perpetual right of way over ail streets in the
is held and owned by the company in fee simple.
Receivership—On Jan. 28, 1896, S. T. Norvel and F. W. Oakley were
heart of the city
appointed receivers.— V. 62,
p.
234, 279.
Reorganization— Sold June 16. 1900, under foreclosure of second
mortgage, and is now in process of reorganization »nd consolidation
with the Duluth Street Railway Company. The first mortgage bond-
STREET RAILWAYS.
have assented to an exchange of
mortgage 5s of the Duluth Su(See 0HBONI0LE, V. 70, p. 1249.)
holders' oomraittee are reported to
bond for bond
new
the
in
perior Traction Co.
&
<5tock
BONDS—
Miles.
Outetand'g,
Date. Interest.
Maturity.
$1,000,000
26
1892 6g. F-A
$250,000 Aug.l, 1912
Subject to call at 102 and interest Aug. 1, 1902
Stock.
1st M., $650,000, g.,
$1,000 s.f., Ser.A.o*
.-<0-year first
<
\
2dmortgage
(?)
—An electric road.
1899. Runs between Dedham. Westwood and
Stock, $100,000, all Issued; bonds, $100,000,
Franchise granted for
5s, gold, due Aug. 1. 1919. All outstanding.
an extension from Medtleld to Franklin, giving a trackage of 23 miles.
Gen. office, Westwood, Mass.
Line opened
May
9,
9*7 miles.
Population
PAWCATUCK VALLEY
Date.
&
STOCK
BONDS—
Stock, $75,000,
R.
in
4,709.
6,813
was
in 1870
;
ST.
Interest.
$100 par
M-N
*894
and
Y--A
R
Outsland'g.
trolley road.
$75,000
100,000
Maturity.
See text
Am
1914
.
34,522; IN
in 1870 was 19,280.
Stock, par $100, f.p
1st mge., $500,000,
e*
gold, $1,000
2d M., $200,000
Date.
is
1892 6
M,- S
500,000
Interest at Central Trust Co., trustee, N. Y. City.
g.
None, Nov. ,'99
4^; in 1897, 4^;
1898
c; in 1895,
2;
in 1896,
in
MOUNDSVILLE BENWOOD & WHEELING
Rr.-Trolley road.
from Moundsville to Benwood, 9 miles of track, connecting at Benwood with Wheeling By.
Receiver was appointed and property resold to original owners and
reorganized under the old name
In Jan., 1900, a controlling interest
was purchased by the President and stockholders of the Wheeling K^
in Deo., 1896,
V. 70, p. 77. Stock, t250,000; bonds, $li 0,000.
ler; Sec. and Gen. Man., Alfred Paull.
"WHEELING & ELM GROVE RR.-A trolley road.
Stock, com., $150,000 ($50)
Stock, pref., $200,000 ($50)
$67,800
160.200
$.
1st mortgage, $225,000. c J 1898 5 M-S
225,000 Mar. 1, 1928
($50u)
J Int. at B'k of Wheeling, Geo.Hook, trust.
Bonds can be called at par after 10 years at the rate of 10 bonds
per yoar.
OFFICERS-— President, A. Reyman; Secretary, Win. Carlo; General
Manager, W. S. Wright.— V. 66, p. 185.
WICHITA, KAN.
1880 was 4.911.
WICHITA
RAILWAY
LIGHT
& POWER—A
road and
Population 1890 was 23.853;
lighting plant.
3, 1897, and purchased the property of Wichita Electric Ry. & L. Co. Has contract for city lighting.
Iu Dec, 1^99, was granted a new franchise and dissensions with city
authorities believed to be healed.
Maturity.
STOCK
Date.
Interest. Outstanding.
BONDS—
Stock $500,000, par $100
....
$500,000
....
1st mortgage, $300,000, >
1900
5 e.
1920
250,000
gold
Portland Trust Co. (Port., Me.), trustee.
J
ROAD— Owns 23 miles of trolley track in Wichita, Kansas.
&
WILLIAMSPORT, PA.
was formed May 15, 1894, under an
Organization—
agreement for consolidating the Vallamont Passenger Railway Company, the Junction Passenger Railway Company, the Centre & West
End Passenger Railway Company and the Citizens* Passenger Railway
Company. Operates the South Side Passenger Ry. Co.; stock, $25,000.
Bonds— June 30,1 900.
Bonds (30-year
68)
..
Railway Supplement
See Street
for Feb. 24, 1900.
WILMINGTON,
Population 1890 was 20,056;
IN
N. C.
in 1880
13,446.
1870 was
was 17,350;
Common
&
BONDS—
Par. Dale.
till
1937„
street railways in the city.
Interest. Outstanding. Maturity
$100
100
100
stock
1st pref. 6 p. c. cum..
2d pref 6 p. c. cum
Mort goiu
sold $ioo,ooo.c
$150 000 c
Mort.
$100,000 f. p
40,000 f. p
60,000 f. p
534
1895 6 g A "°
150,000 Apr. 1, 1920
I
^ Trustee> state TTUHt Co> New Y ork City.
4-78 miles of trolley road and 1*2 miles of steam road.
.
.
. .
Road— Owns
REPORT-Year 1»99,
gross,
$46,100; net, $14,000; in 1898, gross,
$47,250; net, $16,114.
OFFICERS— President, H. A. Whiting;
and
Sec.
Treas., J.
W. Martenls.
WINSTON,
Road—
Owns (65
N. C.
Population 1890 was 8,018; in 1880 was 2,854;
and in 1870 was 443.
WINSTON-SALEM RAILWAY & ELECTRIC
—A trolleyroad.
Combined population
of
Winston and Salem
in
1900
stated at about 20,000. In November, 1899, the road was purchased
by the Fries Manufacturing & Power Company and the two properties consolidated. The securities of the new company are as below
Organization, Etc— Incorporated in 1891 for 90 years.
Dale. Interest. Outstanding. Maturity.
BONDS
STOCK
Stock, com. ($600,000)
(1)
Pref. 6% non-cum. ($100,000)
(»)
New mortgage ($501,000),$ 1900 5 g. J-J. $400,000 Jan. 1, '40
Int at>\ A Trust Co., N. Y.,Trus.
gold
I
Road— Owns 9 miles of track, and also operates 117 arc and 2,500
&
Incandescent lights.
Officers— President, H. E. Fries; Vice-Pres'ts, H. W. Fries and W.
A. Blair; Secy, and Treas., B. J. Pfohl; Gen. Mgr., F. A. Barr; all of
Winston-Salein.— V. 70, p. 127, 281. 481.
WOONSOCKET,
R.
I.
Population 1890 was 20,830; in 1880 was 16,050;
and in 1870 was 11.527.
WOONSOCKET STREET RAILWAY-
ORQANIZATION— Incorporated June 4, 1886. 18 70 miles of track.
Maturity.
Date.
Interest.
Outsland'g.
STOCK & Bonds—
-
*14U.OOO
July 1, 1913
$200,000
$1,000 each
5 Interest at R. I. Hos. Trust Co., Pro v.. Trustee.
Bonds— $5,000 to be paid to trustee July 1,1898, and each year
thereafter for sinking funds for redemption of bonds.
Earnings— For year ending June 30, 1899, gross, $57,882; net,
$13,365; interest, etc., $17,492; taxes and other expenses, $4,866
Stock, $140,000
1st mort., $200,000,
>
1893
5
JW
balance, deficit, $8,993.
OFFICERS— President, Edgar K. Ray; Secretary,
Treasurer, Walter Whittlesey, Chelsea, Mass.
Willard Kent,
WORCESTER,
MASS.
was
1895 was
Population
93,7«7;
in
1880 was 58,291; and
IN
in
in
1<!K>
8 t,655;
1870 was 41.105.
WORCESTER & BLACKSTONE VALLEY
STREET RY—A trolley road.
Organization— Owns 7-33 miles of trolley. Opered Am;. 1-1, 1897.
Road located in Millbury, Sutton, Grafton and Morthbrldge. Capital
stock, $60,000 ($100), all outstanding; bonds, none. In February.
1898, Worcester & Suburban Street Ry. agreed to operate the line until
June 1, 1900, expenses to be borne by W. ,v-. B. Valley Ry. An extension to Worcester, It was reported, would be built in 1£
Dividends— Dividends annual. In July, 1899, 4 p.c; 1900, July 4 p.c.
OFFICERS— President, M. J. Whittall; Vice-Pres. and Treas., Alfred
Thomas.
Clinin 1898
ORGANIZATION.—
In June, 1900, the syndicate represented by the Old
Colony Trust Co. of Boston had acquired 900 shares, out of a total of
1.500 shares of capital stock; but as to the contemplated consolidation of the various companies nothing was tno « n. — V. 70. p. 584
ton, 12 miles.
VALLAMONT TRACTIONThis company
&
in
30,841.
STREET RY-WORCESTER & CLINTON
between Worcester and
Constructed
Population 1890 was 27,132; in 1880 was 18,934;
and in 1870 was 16,030.
Stock
was
IN 1870
WILMINGTON & NEWCASTLE ELEC. RY--
in
Organization— Chartered July
Stook (Val. Trao.)
Current liabilitles'(net)
South Side bonds, 6s
;
Organization— Operated from Dec. 8, 1898. Wilmington to Brandywine Springs, a pleasure resort, a distance of 6 miles. The Wilmington
& Elsemere Electric Ry. also passed into the hands of the fame owners on Deo. 8, 1898, and it was reported that a syndicate which contemplated building a trolley line from Philadelphia to Baltimore was
endeavoring to obtain control or purchase the properties. President,
Robert C. Justis, Brandy wine Springs.
President, J. A. Mil-
Organization— Owns from Wheeling to Elm Grove, 7 14 miles of
double track. One mile double track has been added to connect
with Wheeling Suburban Ry.. whose 2 mile single-track road from
Elm Grove to Triadelphia is operated and bonds of $20,000 guaranteed. Operates 30 motor cars.
Maturity.
Date. Interest. Outsland'g.
Stock and Bonds—
trolley
Treasurer,
WILMINGTON,1880DEL,.
was 42,478
1912
1,000
Organization— Opened
3,694
General Manager, E. H. Davis. Williamsport. Pa.
Outstand'g. Last div.dc.
See below. $700,000 Apr,'99. 1%
1898, 41*; in 1899, April, 1 p. c.
ROAD.— Operates 30 miles of track in Wheeling and suburbs, its lines
extending to Bridgeport, Benwood and Martin's Ferry.
EARNINGS—Jan. 1 to Nov. 30 (11 months), gross, $173,029 in 1898,
$152,366 in 1897. For year ending Dec. 31, 1897, gross, $170,318; net,
$76,732; interest and taxes, $32,508; dividends, $31,500.
OFFICERS.— President, T H. Conderman; Vice-Prest, B. W. Peterson; Sec. and Treas.. W. A. Shirley.
Index— V. 62, p. -79; V. 67, p.
647, 802; V. 70, p. 77.
(1)
10.:. 7r,
Interest.
5
1 p.
10,055
7,023
Interest
Road Owned— 8 miles; 90-lb. rails.
OFFICERS— President, H.C. Parsons; Secretary and
STOCK
Com-
)
Dividends.— In 1894
$69,192
16,562
2,290
Organization— Chartered Feb. 10,1887. Franchise runs
total population served, including Wheeling, Bridgeport, Martin's Ferry. Bellaire and Benwood, is said to be about 75,000. The Bellaire
Bridgeport & Martin's Ferry Ry. lias been purchased— V. 67, p. 802;
also in Jan., 1900, purchased control of the Moundsville Benwood &
Wheeling Ry.— V. 70, p. 77. From May to July, 1899, company was
suffering from a strike of its employes.
Par.
$81,3^4
20,202
3,124
Bal'ce, surplus.
and gives exclusive rights to operate
Organization—
pany owns a trifle over thirty-nine fortieths of the capital stock of the
Citizens' Street Railway Company, and leases same for 99 years. The
BONDS—
Net
Taxes
1922
"WILMINGTON STREET RY.-Trolley and steam road.
30,737;
trolley
in
&
end. June 30.
1898-&9. 1897-98
Gross
169,000
47,384
Dividends Jan., 1893, 2 p. c;
1893-94, 6 p. c; none since.
1,
and
road.
RAILWAY-A
WHEELING
Reorganized
1892. Franchise
perpetual.
STOCK
June
RY.— Trolley.
Earnings— Year
'WILMINGTON
& BRANDYWINE SPRINGS
RY--A trolley road.
ELECTRIC
1880 was 6,104
W. VA.
WHEELING,
1880 was
1890 WAS
in
Bonds— June 30, '99.
Stock ($600,000)
$338,550
11,500
6s, due May 1, 1911
and
I.
5
TV*
<binnn™
„^a --c}
nS
$100,000, goia
1st* M.,
.L &Tr.(mort .tr'stee).
lnt .in Boston at
ROAD— Operates 6 miles of track laid with 90-lb. and 50-lb. J rails in
Westerly, R. I., and suburbs, extending to Watch Hill.
Dividends— In 1896, 4 p. o.; in 1897, 3 p. c; in 1898, 2^ p. c.; In
1899 no dividends were paid.
Earnings— Year 1899, gross, $18,856; net, $4,947; Interest, $5,284.
OFFICERS— President, William Hoxsey; Sec. and Treas., E. P. Shaw,
Jr.; Gen. Man., E. P. Shaw, Jr., 53 State St., Boston.
POPULATION
&
Stock
Population 1890 was 61,431;
WESTERLY,
of town 1890 was
and
WILLIAMSPORT PASSENGER
& accounts payable.
NORFOLK WESTERN STREET RAILWAY
Medtleld,
EARNINGS— Fiscal year ending June 30, 1899: Gross (both roads),
$27,359; net, $6,045; interest and taxes. $8,975; in 1898, tTOSS (both
roads), $23,455; net, $4,5 10; Interest and tares, $8,977.
6s. due
Bills
WESTWOOD, MASS.
91
Miles.
3-6
1-8
$101,700
lb. rails)
25,372 Leases 8. S. P. Ry
25,000
Officers— Pres., J. Hy. Cochran;
100,000 Sec. and Gen. Man., E. H. Davis.
STOCK
&
BONDS—
Interest.
Outsland'g.
1899
5 g. J-J
$150,000
115.000
Anier.
Loan & Trust
Date.
Stock, $150,000 ($100)
1st mortg., $115,000, g.,)
coup. ($1,000)
S
Earnings— For
fiscal
Maturity.
{^i^q'o^'
Jan7l.'l919
Co.. Boston, Trustee.
year ending Sept. 30, 1399, gross, $35,711;
net, $11,857.
OFFICERS— President, Alex.
Dame.
R.
S.
Paton: Secretary and Treasurer. W.
STREET RAILWAYS.
92
WORCESTER & MARLBOROUGH ST. RYIn June, 1900. the syndicate lepresented by the Old C Iony Trust
Oo., B ^ton, bad acquired a majority of tt e capital stock, but fuither
than that inithii) j? was known. V. 70, p. 584.
Organization— Owns 17 miles of trolley track in Worcester, Shrewsbury. Northboiough, Westborou«h and Marlborough, Line opened
June 30,1897. Stock, $'200,000. Bonds, $200,000, are 1st mortgage
20-year gold 5s, A&O, dated Oct. 1, 1897; Aiiwr. Loan & Trust Co.,
trustee. Permission was granted in Dec, 1898, to Increase <apital
stock to $240,000, to pay floating debt. On Feb. 1, 1899, a dividend of
3 per cent was paid, and on Nov. 15 2 is p. c. In Feb 1900, it was reported that no lurther dividends would be paid in the near future.
Earnings— For year ending Sept. 30
.
leai—
dross.
Net.
Int.
<&
taxes.
Divid'd.
Halance.
$ri,000 sur. $744
$13,868
$20,612
13,941 (6)12,000 def.3,077
22,855
OFFICERS- President, G. H. Whitcomb; Treas'r, 8. Reed Anthony, 53
189w-9
1897-8
$65,238
65,643
State Street, Boston.
WORCESTER & SUBURBAN STREET RY-
A trolley
road.
Organization— Chartered in 1894 and absorbed the Worcester Lei& Spencer and the Worcester & Millbury companies. Ie June,
1900, The Oldcolony Trust Co., as trustee, had pui chased practically
all the shares of the foad and were in control of its affairs, the present
cester
their request. -V. 70, p. 584.
Bate. Interest. Outstantfg. Maturity, etc.
See text.
$542,500
May 1, 1915
200,000
1st M., $200,000,g. ($500) c* ) 1895 5 g. M-N
Boston.
Trust,
Int. at International
red. at 104 aft. May 1, 1900 5
olticers acting a
Interest. Outstan'ing. Matur'y,<£c.
Date.
Stock*& Bonds.—
Text.
capital stock, $100
Text.
$850,000
1920
New M., gold, $>M0.000.. 1900
4»2g.M-S
840,000
Keal estate mortgages
4,500 On demand
5
Float, debt (net) Oct. 1,'98
13,400
Since to 1899.
Dividends— ? For 1891-92. 1892-93. 1893-94.
4
10
8 p. c. per an.
3^
s
Road— On Sept. 30, 1899, was operating 54-22 miles of track in
Worcester and vicinity, of which 44 89 miles was owned, 9 33 miles
leased and "55 of a mile trackage. Leases the Worcester & Shrewsbury
Street Ry., etc., 4-2 miles. Rails 85 pounds steel.
Annual Report— For years ending Sept. 30 earnings have been:
Percent
1899.
1898.
1897-8, 4 p. c; in 1898-9. 2 p.
Road— Owns Worcester
I
I
;
584.
(2)
NORTH END STREET RY.— A trolley road.
Lease— In 1895 leased to Worcester Consol. Street Ry. for 99 years.
Rental now $8,000 yearly. V. 61, p. 518.
ROAD, ETC.—Owns 513 miles of track. Capital stock, $110,000 (par
First mortgage, $75,000. 1895, due Feb. 1, 1915; int. at 5
A. Dividends— In'95-0 265 p. c; '96-7, 3^3 p. C; '97-8, 3*2
in 1898-9, 3»a p. 0.
_
$100).
F.
<fc
p. 0.,
p. c;
YORK, PA.
Population 1890 was 20,793 in 1880 was 13,940
and in 1870 was 11.003.
;
road.
A Y-A
YORK STREET RAI LW
and power supplied by the York
trolley
4^
p.
c; in
c.
Worcester via
Leicester to Spencer, 15 miles track; operates Worcester & Blackstone
Valley Street Ky., 5*3 miles, under an agreement expiring June 1,
1900.
Earnings— For year ending Sept. 30, 1899, gross, $164,«0 s net,
$42,941; interest, taxes, <&c, $38,727; balance, surplus, $4,214. In
1898, gross, $154,367; net, $49,824; interest, taxes, etc.. $30,271;
dividend (4 per ct.), $21,700; balance, deficit. $2,147; 1896-7, gross,
$144,758; net, $45,032; interest, taxes, etc., $26,082; balance, surplus for year, $18,950.
Officers— President and Oen. Man., i-amuel E. Winslow; Secretary
and Treasurer T. T. Robinson.— V. 60, p. 481.
to Millbury, 8 miles track;
t
;
WORCESTER TRACTION-A
Entire overhead equipment owned
Light Heat & Power Co.— See V. 68, p. 1184. Is to be cons< lidated
with other companies under name of York County Traction. See de-
Chronicle
STOCK Etc—
tails in
of
June
30.
Interest.
Date.
Stock $200,000 ($50)
Outstanding.
Last Div.,
$166300t.p.
5JJ
etc.
(See text.)
Jan. 1, 1926
140,000
Deposit Co., trustee.
Jan.
1906.
1,
(Subject to call after
Dividends.— 1895-96 about 4 p. c; 1896 97. 3 p. c; 1897-98, 2»a p. c;
1898-99, 4 p. c
Road— Operates 11 14 miles of track, laid with 45 and 70 lb. rails.
Earnings— For years ending June 30
1899.
1898.
1899.
1898.
$8,058
Gross
$61,212 $55,842 Inter't & taxes.$ll,721
4,161
795 Dividends
6,652
Otherincome
sur.1,247 sur.3,961
16,180 Balance
Net
19,620
OFFICERS— President, W. H. Lanius Vice-President, D. K. Trimmer; Secretary, G S.Schmidt: Treasurer, Chas. H. Mayer.— V. 68, p.
1184; V. 69, p. 909; V.70, p. 1197.
1st
1896
«15000o( York
Tr.,
<
«™A>
mnrt
'
/*i
JJn !K>00)
(!t>ioo,
Real Est.
&
I
|
trolley road.
purchased the entire capital
Organization— Organized in 1893 and
took of the Consolidated Street Ry Go. of Worcester,
consisting of 31*2
miles of track laid with 85-pound steel.
Outstanding.
Maturity.
Par. Interest.
STOCK AND BONDS—
Common stock
None paid
$3,000,000
Preferred stock cuinu6 F-A
2,000,000 Feb. 1/00,3%
lative
5 Red. at 105 and accrued div. on 3 mos. notice.
Debentures of Ry. Co. guaranteed— see Worcester Consol. St. Ry.
OFFICERS— President and Secretary, T. C. Barr; Vice-President,
C. H. Clark, Jr.; Treasurer, E. J. Moore.
I
I
;
YOUNGSTOWN,
MAHONING VALLEY
ZANESVILLE, OHIO.
ZANESVILLE ELECTRIC RY. CO-
ORGANIZATION—Incorporated 1869. Capital stock all owned by the
Worcester Traction Co., which guarantees principal and interest of the
debentures. The road is now fully equipped electrically.
See Street
ABBREVIATIONS,
The terms and abbreviations employed
in this
OHIO.
RY.- A trolley road.
See Street Railwt ay Supplement for Feb. 24, 1900.
RY—A trolley road.
WORCESTER CONSOLIDATED STREET
(1)
1898.
1899.
I
$56,000 $56,000
$537,873 Dividends
143.P20 Bal., sur. for year 19,250
15,296
72,324
Officers— President, F. H. Dewey Vice-Pres., A. Geo. Bullock
Secy. andTreas., A. H. Stone.— V. 69, p. 1191; V. 70, p. 77, 177, 231,
Gross earng's. $610,153
Net earnings.. 170,993
Int., taxes, etc.
95,742
Stock, Bonds, Etc.—
Stock, $550,000 ($100)
Net Current liabilities Oct. 1, 1899, $149,776.
Dividends— 1894-5, 3 p. c; in 1895-6, 4 p. c; in 1896-7,
-
-
Railway Supplement
for Feb. 24, 1900.
Etc.
Supplement are explained
in the following
:
"STOCK & BONDS" —Under these words are shown—
" STOCK"—The amount of stock authorized immediatelv follows the word " stock", and against this is the par value of single shares, viz
" Stock, $200,000— $100", means stock, total issue authorized by charter or by act of legislature, $200,000, divided into shares of $100 each
" f. p." following the amount given as outstanding means " full paid."
" Prof." means " preferred stock." " Pref. 6 p. c. cum." means preferred stock entitled to dividends of 6 per cent per annum, such dividends
If not paid accumulating, all dividends due and unpaid to be paid in full for each and every year before the common stock receives anything
" Pref. 6 p. c. »iwi-cum." means simply that the stock is entitled to 6 per cent per annum if earned, but that if unearned in any year the dividend
for that year will not be paid subsequently.
" BONDS"— "Mort." or "M." means mortgage. " Consol." or " con. M." means consolidated mortgage. " Gen. M." means general mortgage. The amount next following is the total authorized amount that can be issued under the mortgage. The word "gold "is usually spelled
out, but in some instances is contracted to " g," while " cur." means currency.
"Conv." nif-ans convertible into stock. "S. f." means sinking fund, "o." means coupon; "c.*" means coupon but may be registered as
to principal; and " c.*&r." means that registered certificates without coupons as well as coupon bonds are outstanding. The letters "p. m."
mean per mile, so $15,000 p. m. means that the issue of bonds is restricted to $15,000 for each mile of track. "Guar." means guaranteed, and
"guar. p. a i. (end.) " means guaranteed as to principal and interest, the guaranty being endorsed on each bond.
" DATE"— The date of issue on the face of the bonds is indicated under the word " date."
" NTEREST"— Under this heading is given the rate per cent yearly of the interest payable on the bonds or (if guaranteed) of the dividend
payable on the stock; also the months when the interest or dividend is payable, thus, "6 J-J" means 6 per cent per annum payable January
and July correspondingly, "F-A" is used to mean February and August; "M-S" means March and September, and so on, while "CJ - J "
means quarterly beginning in January and "Q-F" quarterly beginning in February. [The day when the interest payment is due can
generally be determined by noticing when the loans mature, the day of the month there given being in most cases the same as for one of the
:
I
;
interest dates.]
"
ROAD"— The
80-lb. girder"
word "track" .^eans in Street Railway parlance
means that each rail weighs 80 pounds to the yard.
all
track,
whether main
line, siding,
switch or second track.
"Rails are
INDEX TO RAILWAYS.
Page.
Bedford & Cleveland RR—See
Northern Ohio Traction
5
Akron & Cuyahoga Falls Rapid Transit... 5
Akron Street Ry. & Illuminating- See
5
Northern Ohio Traction
Akron Trac. & Elec— See Nor. Ohio Trac
5
Alameda Oakland & Piedmont— See Oak6fi
land Tran-it Co
Alamo Heights RR
83
Helderburit
Schoharie
Elec.
Ry—
Albany
&
See Albany & Seho.inrie Val. Ry
5
Albany Ry. — See United Traction (Albany). 5
Albany & Hudson Ry. & Power
44
Albany & Schoharie Valley Ry
5
Algiers Gouldsboro & Gretna Ry
58
Allegheny <fc Bellevue— See Fed. St. & PI. V. 7?>
Allegheny St.— See Federal St. & Pleas. Val. 75
Allegheny Traction v ee Cons'd Trac. Sys.. 75
Allentown Electric Light <fe Power— See
Lehigh Valley Traction
6
Allentown & Beth. R.T.— See Lehigh Val. T. 6
Allentown & Emaus St. Ry— See Lehigh V.T. 6
Allentown & Lehigh Valley Traction— See
Lehigh Valley Traction
6
Allentown Pasi-eneer Ry.— See Lehigh V.T. 6
Alley Elevated.— See South Side Elevated. 27
Alton Improvement Ass'n— 8ee Alton Ry.
Akron
.
.
Gas & Electric Light
6
Page.
PAGE.
9
Alton Ry. Gas & Electric Light
6 Atlanta Railway
9
Atlanta Riilway & Power
Alton Railway & Illuminating See Alton
9
6 Atlanta Kapid Transit -Belt
Ry. Gas A Electric Light
9
Altoona & Logan Valley Electric Ry
6 Atlanta St. KR.— See Atlanta Ry. & Power.
69 Atlantic Ave. RR.— See Brooklyn Rapid
American Railways Co
18
Transit
Amherst & Sunderland St. Ry
6
50
Atlantic Coast Electric RR
Ameiican Engineering Co.— See Railways
Bank
Long
Br'ch
Highlands
Red
&
50
70 Atlantic
Co., General
9
6 Auburn City Ry
Amsterdam Street RR
6 Augusta (Me.) Uallowell & Gardiner RR. .. 10
Amsterdam-Hagaman Traction
10
89 Augusta fGa.)Ry. & Electric Co
Anacostia & Potomac River RR
10
Anderson Elec. St. Ry.— See United Trac. Co. 7 Aurora & Geneva, Aurora, 111
10
7 Aurora (111.) Street Ky..
Ann Arbor & Ypsilanti Electric Ry
23
7 Aurora Wheaton A; Chicago Ry
Anniston Electric & Gas Co
10
Arlington Heights Motor Ry
86 Austin (Tex.) Rapid Transit Ry
Asbury Park <te Belmar Street Rv.— See As10
bury Park & Sea Gut Electric RR
7 Babylon RR
10
abylon & North Shore RR
Asbury Park & Sea Girt Electric RR
7
*1
Asheville Street Ry
7 Baden & St. Louis RR.— See United Rys. Co.
10
Ashland (Wis.) Lteht, Power & Street Ry... 7 Ballston Term'l RR. (Ballstou Spa, N. Y.)
Ashtabula Rapid Transit
7 Baltimore Catousville & Ellicott's Mills
Elec.
Co.
12
Rys.
&
Pass. RR.— See United
Astoria (Ore.) Street Ry
7
Atchison Ky. Light & Power
9 Baltimore City Passenger Railway— See
12
United Rys. & Elec. Co
Athens (Ga.) Electric Ry
9
Athol & Orange Street Ry
9 Baltimore Consolidated Ry— See United
10
Rys. &Elec. Co
Atlanta Consol. St. RR.— See Atlanta Ry.
9 Baltimore <fe Curtis Bay Ry.— See United
& Power
10
Rys. &Elec
Atlanta Elec. Ry
9
—
.
. .
I'NDEX
TO RAILWAYS.
Page.
Page.
Bait. Oardensv.
&
Belair Elec.
Elec
Ry.— See
Uniied Rys &
& Jerusalem Turnpike -See
Bait.
Rys.
<fe
10
United
12
Elec
Middle Riv. <fc Sparrow's Pt. Elec. Ry.
12
—See United Rys. A. Electric Co
Baltimore & Northern Electric Ry.— See
12
United Rvs. & Electric Co
Baltimore traction— See Unit. Rys. & Elec. 12
89
Baltimore & Washington Transit
12
Bangor Hampden & Wiuterport Ry
12
Bangor Orono * Old Town Ry
12
BaDgor Street Railway
J
Barre & Montpelier Traction & Power
13
Bath (Me.) Street Railway
13
Bay Cities Consolidated Railway
13
Beatrice (Neb.) Elec. Co
13
Beaver Valley Traction
Bellaire Bridgeport (O.) & Martin's Ferry
1"
Street Ry..."
70
Belle Cit v Elec. Co. R acine, Wis
Belleville Electric Ry.— See St. L. & B Trac 82
Belt Line Electric (Lexington, Ky.)— See
49
Lexington Ry
44
Bennington & Hoosick Valley Ry
13
Bennington & Woodford Elec. Ry
Benton-Bellefontaine Ry— See Un. Dep. RR. 81
Bergen County Traction— See N. J. &. Hud42
sou Ky. & F
Berkeley Lt. & Po w.- See Norfolk Ry.<fe Lt 64
Bethlehem <fc Allentown Street Ry.— See
6
Lehigh Valley Traction
6
Beth. & Nazareth— See Leh. V. Trao
Be h. a? South Beth. -t. Ry.— See Leh. V. Tr. 6
1^
Beverly & Danvei-H (Mass. Elect. Cos.)
13
Biddeford & Saco Railroad
Binghamton Lest. & Union— See Bing. RR. 13
Binghamton Railroad
13
Bait.
,
Birmingham Knoxville<fc Allentown Traction— See Pittsh. & Birmingham Tr
Birmingham Railway & Electric.
Birmingham Traction
Black Rock & Salisbury Beach— See Haverhill
Amesbury
76
13
14
<fe
43
Black River Traction (Watertown, N. Y.).. 90
Bleecker Street & Fulton Ferry RR— See
Metropolitan St. Ry. System
60
Bloomiield Street— See Pittsburg Tr. Svs... 76
Bloomington City Ry— See Bloomington &
Normal Street Ry
14
Bloomington & Normal Street Ry
14
Boston & Chelsea See Lynn & Boston Sys. 1 6
Boston Consol. Street— See West End St. Ry. 14
Boston Elevated RR
14
Boston Milton & Brockton (Mass. Elec.Cos.) 15
Boston & Revere Elec— See Lynn & Boston 16
Boston & Worcester Electric— See Marlborough Street Rv
52
Bowling Green Railway
17
Braddock & Turtle Creek Passenger Railway—See UnitedTraction
75
Braintree Street Railway Mass. Elec. Cos
15
Braintree & Weymouth Street Ry.— See So.
Shore & Boston
16
Bridgeport (Conn.) Traction
17
Bridgewater Whitman & Rockland St. Ry.
—See So. Shore <fc Boston
16
Bridgeton Electric- See Am. Rys. Co. (Phil.) 69
Brldgeton & Millville Trao. (Bridge., N. J.). 17
Brlgantine Transportation Co. (formerly
Hrigantine Transit)
17
Brightwood Ry
89
Bristol & Plainville Tramway (Conn.)
17
Broad Ripple Traction
44
B'way & 7th Ave. RR— See Met. 8t. Ry. Sys. 60
Broadway Surf. RR— SeeB'y&7th Aye.RR. 60
Brockton Bridgewater & Taunton St. Ky.
(Mass, Elec. Cos
15
Brockton & East Bridgewater St.Ry.(Maas.
Electric Cos.)
15
Brockton Street Ry. (Mass. Elec Cos.)
15
Brooklyn Avenue Ry (Kansas City)— See
Central Electric of Kansas City
47
Brooklyn Bath & West End RR.— See
Brooklyn Rapid Transit
18
Brooklyn & Brighton Beach— See Brooklyn
Rapid Transit
18
Brookbn Cable Co.— See United RR
19
Brooklyn City & Newtown RR.— See Coney
& Brooklyn
20
Brooklyn City RR— See B'klyn R. T
18
Brooklyn Crosst'n RR.— See B'klyn Rap.Tr. 18
Brooklyn Heights RR.— See B'klyn R. T
18
Brooklyn Queens County & Suburban RR.—
See Brooklyn Rapid Transit
18
Brooklyn Rapid Transit
17
Brooklyn (O.) St. RR.— See Clov. Elec. Ry.. 28
Brooklyn Uuioir Elevated.— See Brooklyn
Rapid Transit
19
Brunswick Trac- See Middlesex & Som.Tr. 57
Bucks Cy. Ry.— See Doylestown, Pa.
37
Buffalo Bellevue & Lancaster Ry.— See In-
—
(
)
)
.
.
ternational Traction
Buffalo East Side St. Ry— See Intern. Trao.
Buffalo &Lockport St. Ry.— See Intern.Trac
Buffalo Hamburg & Aurora Ry
Buffalo & Niagara Falls Electric Ry.— See
International Traction
Buffalo Ry.— See International Traction...
Buff. Ton. & Niag. Falls Elec RR.— See International Traction
Buffalo Traction— See Intern. Traction""".
Buffalo & Williamsville Electric Ry.
Burlington (Iowa) Ry. & Light Co..
.'
.
21
21
21
20
21
21
20
21
20
21
Burlington (Vt.) Traction
21
Butte Consolidated Ky— See Butte Elec Ry. 21
Butte Eleotrio Ry.
21
Electric Ry
alais (Me.) Street Railway
•California Street Cable
Calumet Electric St. Ry
Cairo
21
21
(111,)
84
23
Calvary Cemetery Greenpoint & Brooklyn Ry.— See Brooklyn Rapid Transit
Cambridge RR^SeeWest End St.Rv., Boston
(amdou Gloucester & Woodbury Ry
Camden Horse RR.— See Camden & Bubur'n
18
14
{Jamden & Trenton
Canal & Claiborne RR.— See N.b.
21
21
58
Camden A Suburban Ry
& Carroll".
21
21
94
RR
L. &
Canton— Massillon Electric
Canandalgua Elec.
21
Ry
22
22
Canton St.— See Canton-Massillon Elec
Cane May Del. Bay Sewell's Point Elec. Ry 22
Capital Ry. (Frankfort, Ky.;— See Frank40
fort <fe Suburban
90
Capital Traction
Carbondalo &. Forest City Pass Ry.— See
22
Carboudale Traction
Carbondale Ry
22
22
Carboudale Traction.— See Car. Ry
Carpenters v. Elgin & Aur.— See El. City Ry. 38
Canal A Claiborne— See N. O. <fe Carrolltou 58
Cass Avenue & Fair Grounds Ry— See
81
United Railways Co
Ca-tasauqua & Nor St. Ry.— See Leh. & V.Tr 6
<fe
Catharine & Bainbridge Streets Ry— See
Union Traction
70
Catoctin & Myersville Elec— See Frederick
40
& Mid. Elec Ry
Catskill Electric Ry
22
Cayadutta Electric
41
Cayuga Lake Elec. Ry.— See Ithaca St. Ry.. 45
Cedar Rapids
& Marion
City
Ry
22
Avenue Ry. (Oakland, Cal.)—See
Central
Oakland Transit Co
Central Crosstown RR.— See Met.St.Ry.8ys.
Centrat Elec. (Lexington)- See Lex. Ry
Central Elec— See Sacramento Elee.G.cfc Ry.
Central Eleotrio Rv. (Kansas)
Central Park North & East River RR.— See
Metropolitan St. Ry. System
Central Pass. Ry.— See Louisville Ry
Central Rv.— See United Rwye. & Elec. Co.
Central Ry. (Peoria, 111.)
Central Ry. & Electric (New Britain, Conn.)
Central Traction— See Cons'd Trac. Sys
Central Trac (Si. Louis, Mo.).— See United
—
66
6<»
49
8o
47
60
51
12
68
57
75
81
Railways Co
Central Traction— See Sioux City Traction. 86
Chagrin Falls & Eastern Electric Ry.— See
23
Clev. & Chagrin Falls Electrie
Chambers ist. & Grai.d St. Ferry. See Met
St.
Ry
59
Charles River Street— See West End St
14
Charles St. Ave. Turnpike— See United
Railways & Elec
10
Charleston City Ry— 8ee Char. Consol. Ry.
22
Gas & Elec
Charleston & Seashore RR.— See Charl. Ry.
Gas
&
22
Electric
Charleston Consol. Ry. Gas & Elec
22
Charlotte Street Ry.— See Charlotte Elec.
23
Ry. Light & Power Co
Charlotte Electric Ry. Light & Power Co... 23
Chattanooga Electric Ry
Chattanooga & Lookout Mountain
23
RR
23
Chatt. & No. Side St. Ry.— See Signal Mt. Ry. 23
Chattanooga Rapid Transit — See Rapid
Transit of Chattanooga
23
dies. & Hamp. R'ds Ry.-See Cits.' Ry. L.
&P
63
Chester Darby & Phila.— See Chester Trac 74
Chester &MediaElec Ry.— See ChesterTrac 74
Chester Street Ry.— See Chester Traction. . 74
74
Chester Traction
Chicago City Ry
23
Chicago City Ry Transit Co.— See Chicago
City Ry
23
Chicago Consolidated Traction— See Chic.
Union Traction
24
Chic & Desplaines Vail. Elec— See Anier.
Rys. Co
69
Chicago Det. &Tol. RR. (Detroit, Mich.)... 33
Chicago Electric Traction
24
Chicago Elec. Tran.— See Chicago Con. Trac 24
Chicago General Ry
24
Chicago & Harlem
26
Chicago Harlem & Batavia See Suburban
RR. (Chic).
27
Chicago & Jefferson Urban Transit— See
Chicago Consol. Trac
24
Chicago & Joliet R. T.-See Amer. Rys. Co. 69
Chicago & Milwaukee Electric
24
Chicago North Shore 8t.— See Chic. Consol.
Trac
25
Chicago Pass. Ry.— See West Chic St. RR.. 25
Chicago & So. Side R. T.— See So. Side Elev. 27
Chicago Union Traction
24
Chicago West Div. Ry — See W. Chic. St. RR. 25
Chippewa Val, Elec. Ry. (Eau Claire. Wis.) 38
Christopher & 10th Streets RR.— See Met. St.
Rv System
60
Cicero & Harlem St. Ry- See Chic* Harlem 26
Cicero & Proviso St. Ry— See Ch. Con. Trac. 24
Cincinnati & Hamilton Electric St. Ry.See Southern Ohio Traction
28
Cincinnati Hamilton & Dayton Traction,
(Dayton, O.)
31
Cincinnati Hamilton Middletown & Dayton
Street RR.— See Millcreek Valley RR.
28
Cincinnati Lnureucetturg & Aurora Elect.
St. Ry
27
Oincin. & Miami Val. Trac— See So. O. Trac 28
Cincinnati Newport & Covington Ry
30
Cincinnati Street Ry
28
.
.
—
.
<fc P. Co. of Delaware
County See United Power & Transport'n 72
Citizens' Elec Ry. L. &P. Co., Manstleld, O. 52
Citizens' Elec St. Ry., Newburyport. Mass. 63
Citizens' Pass. Ry.— See Harrishurg Trao... 42
Citizens' Pass. Rv. (Phila.)— See Union Tr.. 70
Citizens' RR. (St. Louis)—See United Railways Co
81
Citizens' Electrie L.
Citizens' Ky. (Waco, Tex)
Citizens' Ry. L. & P., Newport News. Va ..
Citizens' Rapid Transit— See Nashville Ky..
Citizens' St. RR. (Indianapolis, Ind.)— See
89
63
56
Indianapolis St. RR.
Citizens' Street RR.— See Memphis St. Ry..
Citizens' St. (Fishkill-on-the-Hudson N. Y.)
Citizens' Street Ry. (Muncie, Ind.)— See
Union Traction of Indiana
Citizens' Traction Co. (Detroit, Mich.)
Citizens' Traction (Oshkosh. Wis.)
See
45
52
39
—
Winnebago Traction..
Citizens Traction— See Cons'd Trac. Sys...
Citizens' Traotion.— See Sau Diego Elec. Ry.
Citv Electric Ry.— See Decatur Traction vt
Electric Co
-
7
33
68
75
83
31
Page.
City Electric Ry (Port Huron, Mich.)— See
Det. PortH. A Shore Line
Ci y Electric Ry. (Rome, Ga.)
City Park Transit, Spokane
City Pass.— See Alroona A Logan Val. El...
city Railway (Dayton, Ohio)
City Ry (Ft. Worth, Tex.)
City & Suburban— See Un. Rys. & Elect.
Co. of Bait
City & Suburban RR.— See Memphis St. Ry.
City <fe Suburban Ry. (Portland, Ore.)
Ci y A Suburban RR. (Savannah, Ga.).
City & Suburban Ry.,Wavh, U C.
..
City <fe We-d Portland Park Motor
Cleveland Berea Llyria A Oberlin Ry.— See
.
35
80
86
6
31
:59
12
52
77
84
89
77
Clev. hi. & West
28
Cleve. & Berea Si. Ry— See CI. B. Ely.
Ob. 28
Cleveland & Chagrin Falls Electric
js
Cleveland Citv Cable Ry.-See Clev. C. Ry. -18
Cleveland City Ry
_'8
&
".
.
Cleveland & Eastern Ry
Cleveland Electric Rv
Cleveland E yria & West
cleve. A Elyria Elec— 8ee Clev. B. E. & Ob.
Cleveland Medina & Southern
Cleveland Painesville & Eastern RR
Clifton Suspension Bridge See International Traction
Coal Castle Elec. Ry.-See Pottsville Cn.
Traction
Coalville Pass.— See Wilkesb. & W. Va. Tr..
Cohoes City Ry
Colfax Ave. Elec— See Denver Citv Tram..
Collins Park A Belt —See Atlanta R. T
Colonial City Traction
Colorado Springs Rapid Transit
Columbia Construction Co. See Northwestern El., Chicago
Columbia, 8.C., Elec. St. Ry. Light & Power
-J.H
28
28
28
29
29
21
78
73
29
33
9
48
29
27
29
Co' umbia Railway
89
Columbus Central Ry.— See Columbus Ry.. 29
Columbus, O., Consolidated Street Ry.See Columbus Ry
29
Columbus & 9th Av. RR.— See Metropolitan
Street Ry
59
Columbus, Ga., RR
29
Columbus Railway (Ohio)
29
Columbus, O., Street Ry —See Columbus Ry. 29
Commonwealth Avenue Street Ry
63
Compton Heights Union Depot & Merchants' Terminal Ry— See Lindell Ry. Sys. 81
Concord Street Ry
Coney Island & Brooklyn RR
Conestoga Traction
Conn. Lighting & Power Co
Oonshohocken Ry—See Schuylkill Valley
Consolidated St. Ry. (Grand Rapids, Mich.)
— See Grand Rapids Rv
Consolidated St.— See Portland (Ore.) Ry..
30
20
48
S9
64
41
77
Consolidated Traction of New Jersey
46
Consolidated Traction of Pittsburg, Pa
75
Continental Pass. Ry— See Union Traction.. 70
Corning & Painted Post St. Ry
30
Cortland <fe Homer Traction
30
Corrigan Consolidated
St.
Ry— See
Metro-
politan Street Ry., Kansas City, Mo
Cottage City Street Ry
Council Bluffs Street Ry.— See Omaha
&
47
30
Counoil Bluffs Ry & Bridge
67
Covington Cincinnati & Erlanger— See Cincinnati Newport <fe Covington
Crescent City RR- See New Orleans Tr
Cripple Creek District Ry
„
Crosstown St. Ry.(Buffalo)— Seelnter.Trac
Crosstown 8t. See Columbus Ry
—
30
58
30
21
29
City Street Ry.— See Dallas Consol.
Electric Ry
30
Dallas Consolidated Electric Street Ry
30
Dallas & Oak Cliff Electric Ry
30
Dallas Rapid Transit Ry.— See Rapid Tran-
Dallas
sit
Ry
Danbury (Conn
Danville
(111.)
)
& Bethel
Street
Street
Rv & Light
30
30
Ry
Dartmouth Westport St. Rv., New Bedford
Davenport & Rock Isl. Ry— See Tri-Citv Ry.
Dayton & Soldiers' Home RR— See City Ry.
Dayton Springfield & Urbaua Elec. Ry
Dayton Spring Vail. & Wilmington Transit.
— See Da\ton & Xenia
Dayton Traction —See So. Ohio Traction...
Dayton & Troy Traction
Dayton & Western Traction
Dayton A Xenia Traction
Decatur Traction A Elecric Co.
..
Delaware County & Philadelphia Elect. Ry.
<fe
.
- See United
Power A T ansportation
Delaware Gen. Elec. Rv
Denver City RR —See Denver City Tram.
Denver City Tramway
DeuverCousol. Tram. -See Den. CityTram..
Denver Tramway— See Denver City Tram..
Derby Street Ry
Des Moines Citv Rv
Des Moines St. RR— See Des Moines Citv R v.
Des Moines Suburban Ry—See Des M. City.
. .
Desplaines Vail. Elec— See Anier. Rys. ( o.
Detroit City Ry.-See Detroit Citizeus'St.Ry.
Detroit Citizens' Street Ry
Detroit Electric Ry
Detroit Fort Wayne* Belle Isle Ry
Detroit Lake Shore A Mt. CI mens Ry
Detroit A Northwestern
Detroit & Pontine Ry
Detroit Plymouth A- N<>rthvill« Ry
Detroit Port Huron .t SIito Line
Detroit Ry.-See Detroit Electric Ry
Detroit Rochester Romeo ,v Lake Orion
SeePetroitCitizens'St.Ry.
Detroit sub. Ry
Detroit (Tttoa & Romeo Elec
Detroit Ypsibiuti A Ann Arbor Rv..
—
31
57
31
31
31
31
28
31
31
31
31
72
35
33
33
33
3^
33
33
33
33
(i!»
33
33
33
35
35
35
35
35
:;.">
33
35
33
35
35
Dighton Rock Park Corporation—See Mass.
Electric Cos
15
Dighton Somerset A- Swansea St.Ry. (Maae
15
Elect. Cos.)
Dovlestow n A- Willow GroveRv
37
Third
Ave
Sys.
D. D. E. B'dway A Bat.— See
Home
Elec. Co.. 37
Dubuque Light A Trac— See
37
Dubuque Street Ry
37
Duluth Street Ry
(>•_*
INDEX TO RAILWAYS.
94
Pagk.
Duluth-Sup. Traction— See Duluth St. Ry
Dundee Place Car Line (Omaha, Neb.)
Dunkirk & Fredonla RR
Duquesne Inclined Plane (Pittsburg, Pa)..
Duquesne Traction See Consol. Traction
.
.
—
37
67
40
76
76
Cleveland— See Cleveland Electric.. 28
J&M End8t Ry.— See Memphis St. Ry.... 52
East H. Pass.— See Harrisburg Traction
42
East Hartford & Glastonbury Horse RR—
See Hartford Street Ry
42
East Liverpool Railway
37
KJ* ast
East Liverpool & Wells ville Street RR.— See
East Liverpool Railway
East Middlesex st.Ry— See Lynn <& Bos. Sys.
EastOakland St Ry.— See Oaklind Tr. Co.
East Omaha Street Ry.- See Omaha C. B.
A- Suburban
Easton A: Bethlehem Tran— See EastonTran.
Easton Consolidated Electric
Easton Palmer & Bethlehem Eleo. Ry
Easton Transit
East Reading Elec. Ry—See Reading Tract.
East St. Louis Electric Street RR
EastSideRv
(Portland, Ore.)
37
ltf
66
66
38
37
38
38
73
37
77
East Side Trac. (Syracuse. N. Y.)
87
Edison Elect. 111. Co. of Lebanon, Pa.—See
United Power & Transportation
72
Egypt (111.) Electric
21
Eighth Ave. RR.— See Metrop. St. Ry. Sys.. 60
&
Electric Ry. Light
Power (Sedalia, Mo.)—
See Sedalia Electric & Railway
85
Electric Traction (Philadelphia, Pa.)— See
Union Traction
71
Elgin City Carpentersville & Aurora Ry... 38
Elgin City Ry.— See E. C. C. & A. Ry
38
Elizabeth Street Ry
38
Elmira & Horseheads Ry.— See El. W. L. &
RR
38
Elmira Munic. Imp.—See El. W. L. & RR... 38
Elmira & Saneca Lake— See Rys. Co. Gen'l. 70
Elmira Water L. & RR
38
Elm St. Conn. Ry.— See Met. St. Ry
59
Elmwood Ave. &Ton. Elect.—See int. Trac. 20
Elwood Elect.— See Union Trac. of Ind
7
Elyrla & Oberlin— See Clev. Elyria & West. 28
Empire Pass. Ry— See Union Traction Sys. 71
Entield & Longmeadow Elec. Ry
88
Englewood & Chicago Electric Ry.— See
Chicago Elec. Trac
24
Erie City Pass. Ry— See Erie Elec. Motor
3s
Erie Electric Motor Co
38
Erie Rapid Transit Street Ry
3*
Escanaba Electric Ry
38
Essex Elect. St. Ry—See Lynn & Boston RR 15
Essex Pass. Ry— See Newark Passenger Ry. 46
Evanston (111.) Electric Ry.— See Chicago
Consolidated Traction
21
Evansville Street RR
38
Exeter Hampton & Amesbury
39
Exeter <N. H.) Street Ry.—See Exeter
Hampton <& Amesburv
39
Fairhaven & JNew Whatcom Ry.— See
Northern Py. & Imp't
39
Fair Haven & Westville RR
57
Fairmount Park & Delaware River Passenger— See Germantown Passenger Ry
.. 71
Fairmount Park & Haddington Pass. Ry—
SeeHestonville Mantua & Fairmount
71
Fairmount Park Transportati on Co
69
Fairmount Passenger Ry— See Hestonville
Mantua & Fairmount Passenger Ry
71
Fall River Street Ry.— See Globe St. Ry
15
Farmington Street Railway
43
Federal Street & Pleasant Valley Ry.— See
United Traction System, Pittsburg
75
Ferries & Cliff House Ry— See MarketSt. Ry. 84
Findlay Street Ry
39
First Avenue Ry.— See Seattle Electric Co. 8*
Fishkill Elec. Ry.— See Citizens' Street Ry. 39
Fitchburg & Leominster Street Ry
39
Fitchburg & Suburban Ry
39
Flushing & College Point Elec. Ry.— See
N.Y.&Queens Co
50
Fond du Lac St. Ry. & Electric
39
Fort Clark St. Ry. See Cent. Ry. (Peoria)
69
Fort George & Eleventh Avenue RR.— See
Met. St. Ry. Sys
61
Fort Pitt Traction— See Cons'd Trac. (Pitts.) 76
Fort Smith St. Ry. -See Ft. SmithTr.,L.&P. 39
Fort Smith Traction, Light & Power
39
Fort Wayne Consolidated Ry.— See Fort
Wayr e Traction Co
?9
Fort Wayne Electric—See Ft. W. Traction. 39
Fort Wayne <fe Belle Isle Ry.— 8ee Detroit
Fort Wayne <fe Belle Isle Ry
35
Fort Wayne Street RR.— See Fort Wayne
Traction
39
Fort Wayne Traction Co
39
Fort Worth & Arlington Heights Street Ry. 39
Fort Worth Street Ry
39
Forty-second Street & Grand Street Ferry
RR— See Metropolitan St. Ry. System
61
Forty-second St. Manhatv. & St. Nicholas
Ave. Ry— See Third Avenue System
62
Fountain Head RR.(Knoxville, Tenn.) -See
.
'
.
Supplement of Feb., 1898.
Fox River Electric Ry. (Green Bay, Wis.)
41
Framingham Union Street Ry
40
Frankford & Southwark Passenger Ry.—
See Union Traction System
71
.
Frankf't & Suburban Ry. (Frankfort, Ky.).
Frankfort & Utica 8treet Ry
Franklin (Pa.) Electric Street Ry
Frederick & Middletown Elec. Rv
Fries Mfg. & Power Co.— See Winston-Sa-
40
88
40
40
lem St. Ry
91
Front St. Cable Ry.—See First Ave. Ry.,
Seattle, Wash
85
Fulton Elevated— See Kings Co. Elevated. 19
Fulton Street RR.— See Met. St. Ry. System fcl
Fulton Wall & Cortlandt St. Ferries RR.—
See Wall & Cortlandt Street Ferries Ry.
63
40
Gaiesburg Electric Motor & Power
alveston City RR
40
Gardner Elec. St.Ry.— See G.W. & F St.Ry. 40
Gardner Westminster & Fitch St.Ry
40
Geary Street Park & Ocean RR
84
General Electric Railway (Chicago. 111.) ... 26
Geneva & Waterloo Ry.- See Geneva Waterloo Seneca Falls & Cayuga Lake Traction 40
.
Page
«
Geneva Waterloo S. F. & Cayuga L, Tract
Georgetown & Tenallytown Ry
Gennant'n Pass. Ry —See Union Trac. Sys.
Gettysburg Elec. Ry.— See May.189S.8upp.
(Hens Falls Sandy H111& Ft. Edw. St. RR..
Glen Oak & Prospect Heghts Ry.— See Peoria
&
Prospect Heights
& Polytechnic College
Glenwood
St.
Ry
Globe Street Ry. (Mass. Elect. Cos.)
Gloucester Essex & Beverly (Mass.El. Cos.)
Gloucester & Rockport (Mass. Elec. Cos.)..
Gloucester Street Ry. (Mass. Elect. Cos.). ..
Grand Avenue— See Metropolitan Street...
Grand Rapids Ry
Grand River Ry—See Detroit Citizens' St. Ry
Grand St. & Newtown.— See Bkln. Rap. Tran.
Grant St. Electric Ry.— See Seattle Elec. Co.
Great Falls (Montana) Street Ry
Green <fe Coates Streets Philadelphia Passenger Ry— See Union Traction System
Green Lake Elec. Ry.— see Seattle El. Co..
GreensbU'g Jeann & Pittsburg— See Har-
40
89
71
41
69
39
15
15
15
15
47
41
33
18
85
41
71
85
risburg Traction
42
Greenfield & Turners Falls Street Ry
41
Greenp. & Lorimer St.— See Bkln. Rap.Tran. 18
Gwynn's Falls Ry. of Bait.— See United
Railways
& Eleo
10
Hagerstown Railway
ammond Whiting & E. Chi. Elec. Ry.
Hampton & Amesbury St. Ry. — See Exeter
Hampton & Amesbury
Hanover Street— See South Shore & Boston
Harris!). City Pass.— See Harrisburg Trac.
Harrisburg & Mechanicsburg Electric Ry..
. .
42
42
39
16
42
42
Harrisburg Traction
42
Hartford Manchester & Rockville Tramway 42
Hartford Street Ry
42
Hartford Turnpike— See United Rys.&Elec. 10
Hartford & West Hartford Horse RR— See
Farmin gton Street Railway
43
Hartford & Wetherstield RR— See Hartford
St.Ry
42
Haverhill & Amesbury Street Ry
43
Helena G. L. & Coke— See Helena P. & L.
43
Helena Power & Light
43
Henderson (Ky.) Electric Street Ry
43
Herkimer Mohawk Ilion & Frank. Elec. Ry. 43
Hestonville Mantua & Fairmount Pass. Ry. 71
Highland Av.& Belt RR.—See Birmingham
Traction
14
Highland Park & Fruit Vale RR.— See Oakland Transit Co
66
Highland Park Ry— See Detroit Cit. St. Ry. 33
Highland RR. (New Albany, Ind.)
57
Highland St. Ry— See West End St. Ry
14
Hingham (Mass.) St. Ry.— See South Shore
& Boston
16
Holyoke Street Ry
43
Holmesburg Tacony & Frankford Elec. Ry.
72
—See United Power & Transportation
Home Avenue RR., Dayton, Ohio
31
Home Electric Co., Dubuque, Iowa
37
Homestead & Highlands Street Ry. See
Monongahela St. Ry.. PUtsburg, Pa,
76
Hoosac Valley (North Adams, Mass.) St. Ry. 64
Hoosick Ry. See Bennington <fe Hoosic Val. 44
Homellsville & Canisteo Ry
44
Hornellsville Electric Ry
44
HotSprings Street RR
44
Houston Electric Street Ry
44
Houston Heights Electric St. Ry
44
Houston W.St.& Pav.F.— SeeMetro'n St.Ry. 59
Hudson Street (N. Y.) Ry.— See Albany &
Hudson Ry. & Power
44
Hull Street Ry.— See Hingham St. Ry
16
Huntington RR
44
Hyde Park Elect. Light (Mass. Elec. Cos.). 14
. .
—
—
Electric Ry.— See Indiana^Ry
86
ndiana Ry. (South Bend)
86
Indianapolis & Broad Ripple Rap. TransitSee Broad Ripple Traction
44
Idian a
Indianapolis Street Ry
International Traction Co. (Buffalo)
Inter-State Consolidated Street Ry
Inter-Urban R'y.— See Saginaw Val Trac...
Ithaca Street Ry
45
(Mich.) Street Ry
acksonville (111.) Ry
Jack's Run— See Federal St. & Pleas. Val...
Jamestown Street Ry
Janesville Street Ry
Jasper County Electric Ry. (Carthage, Mo.)
See Southwest Missouri Elec.Webb City.
Jefferson Avenue Ry.— See United Rys. Co..
Jeffersonville City Ry
Jersey C'y& Bergen
See No. Jer'y St.Ry.
Jersey City Harrison & Kearney Ry. Co.—
See North Jersev St.Ry
Jersey City Hoboken & Paterson
Jersey City Hoboken &, Rutherford— See
Jersey City Hoboken ifc Paterson
Johnstown Gloversville & Kingsboro
45
45
75
45
45
Jackson
RR—
Johnstown Passenger Ry
Joliet Railroad— See Amer. Rys. Co
20
66
81
45
90
81
45
46
46
43
43
41
46
69
47
Kankakee Electric Ry
ansas City Cable— See Metropolitan St. 47
Kansas City Elev. Ry—See Met. St. Ry
47
Kansas City & Independence Rap. Tran.
Ry— See Metropolitan St. Ry
47
Kansas City Lawrence & Topeka
47
Kansas City & Leavenworth
48
Keyport& Matawan St. RR.— See Middlesex
& Monmouth Elec. Light, Heat & Power.. 47
Kinderhook & Hudson- See Albany & Hudson Railway & Power
44
Kingsbridge RR— See Union Ry
62
Kings Co. Elevated.— See Brooklyn Rap.Tr. 1
Kings Co. Traction -See Nassau Electric... 19
Kingston City RR
48
Knoxville Street RR.— See Knoxville Trac. 48
Knoxville Traction
48
Kokomo City Street Ry
48
Lackawanna Valley Traction— See Scranton Ky
85
Laconia Street Ry
48
Laconia & Lakeport St. Ry.—See Laconia
St. Ry
48
Lacrosse CityRy
48
,
Page.
^
Lafayette StreetRy
Lake Cities Electric Ry
Lake Ont. & Riverside Ry.— See Oswego Tr.
Lake Roland El.— See United Rys. & Elec.
Co ofBaltimore
Lakeside Street Ry.— See Duluth St. Ry
Lakeside Ry., Mahanoy City, Pa.- See
Schuylkill Traction
Lake Street Elevated
RR
Lancaster City Street— See Conestoga Trac.
Lancaster* Columbia— SeeConestoga Trac.
Lancaster Traction— See Conestoga Trac...
Lansing City Electric Railway (Michigan) .
Lansing Dexter & Ann Arbor Electric Ry.
48
53
68
12
37
41
26
48
48
48
48
48
Leavenworth Electric RR
49
Leavenworth <& Lansing Ry.— See Kansas
City & Leavenworth Ry
48
Lebanon & Annville Street Ry
49
Lebanon Valley Street Ry.— See United
Power & Transportation
72
Lehigh Traction (Hazleton, Pa.)-43
Lehigh Valley Traction (Allentown, Pa.).. 6
Leominster & Clinton St. Ry
49
Lex n gton Avenue <fc Pavonia Ferry Ry—
See Metropolitan Street Ry
59
Lexington <fe Boston St. Ry
14
Lexington Railway
49
Lewiston & Auburn RR.— See Lew. Bruns.
& Bath St. Ry
49
Lewiston Brunswick & Bath St. Ry
49
Lewipton Connecting Bridge.— See International Traction
21
& Youngstown Frontier RR
Lima Ry
Lima-Honeoye Light& RR
Lewiston
Lincoln
(Neb.)
(Neb.),
64
49
49
Ry.—See Lincoln
Street
Trac
Lincoln (Neb.) Traction
Lindell Ry.— See United Railways Co
Littie Rock Traction & Electric
Lock Haven Traction— See Susquehanna
Traction
Logansport Rochester & Northern
Lombard & South Street Passenger Ry— See
Frankford
Long Island
& Southwark
Electric
Pass.
Ry
Ry.— See New York
&
North Shore
Long Island Trac— See Brooklyn Rap. Tr.
Lookout Incline & Lula Lake— See Chattanooga & Lookout Mt
Loop Road - See Union Elevated
.
t
49
49
81
49
50
50
71
20
17
23
26
Lorain & Cleveland RR
29
Lorain Street Ry
50
Los Angeles Ry
50
Los Angeles Pacific RR
51
Los Angeles & PasadenaJElec. Ry.— See Los
Angeles Ry.
50
Los Angeles Traction
51
Louisville City Ry— See Louisville Ry
51
Louisville Ry
51
Lowell Lawrence <& Haverhill (Mass. Elec.
15
Cos.)
Lowell
& Suburban
St.
Lynchburg Electric
Electric Ry.
&
Elec Cos.)... 15
Co.— See Lynchburg
(Mass.
Light
51
51
51
Lynchburg Electric Ry. & Light
Lynchburg & Ri Vermont Street Ry
Lynn Belt— See Lynn Boston
Lynn & Boston RR. (Mass. Eleo Cos.)
15
15
51
51
«fe
IWW aeon Consolidated Street RR
aeon Electric Light & Ry
Macon & Ind. Spring Elec. St. Ry. (Ga.)—
See Macon Electric Light & Ry.
51
Madison City Ry.— See Madison Elect. Ry. 51
Madison Electric Ry
51
Madison St. Cable Ry.— See Seattle El. Co.. 85
Mahoning Valley Ry. (Youngstown, O.)
P2
Main Street & Agricultural Park RR.— See
Los Angeles Ry
50
Manchester StreetRy
51
Manhattan Elevated Ry.— See Investors'
LlM.
.
Supplement,
Manistee Filer City & East Lake Ry
52
Mansfield Elec. St. Ry.— See Citizens' Elec.
R. L. & P
52
Manufacturers' RR. Co. (New Haven)
57
Maple Avenue RR. (Elmira)— See El. W. L.
& RR.
38
Marion City Ry.(Indiana)— See Union Trac.
7
of Indiana
Marion Street Railway (Marion, O.)
52
Market St. Cable Co.—See Market St. Ry . . 84
Market Street Ry
84
Marshalltown (Iowa) Light Power & Ry. . . 52
Marlborough Street Ry
52
Maryland Traction— See United Railway &
Electric of Baltimore
10
.
Mason
City
&
Clear Lake
.
Ry
Massachusetts Electric Companies
Mateo St. RR.— See Los Angeles Ry
McGavook &
Mt. Vernon Horse RR-See
Nashville Street Ry
McKeesp't Wilm'g & Duquesne Ry. (Pittsb.)
Memphis & Raleigh Springs RR. See Memphis St. Ry
Memphis street Ry
Menasha & Neenah Street Ry
Menominee Electric Light Ry. & Power
Mercer Co. Traotion— See Trenton St. Ry...
—
52
14
50
56
76
52
52
56
52
73
Meriden Electric RR
52
Meriden Horse RR.— See Meriden Elec
52
Meriden Southington & Conipounce Tram. 53
Merrimack Val. St. Ry— See Lowell Lawrence & Haverhill St. Ry
15
Metropolitan Elec. See Springfield Tr. (Mo.) 87
Met. Crosstown RR— See Met. St. Ry
59
Metropolitan Railway, San Francisco, Cal.
See Market Street Railway
84
Metropolitan Ry.— See Portland (Oreg.) Ry. 77
Metropolitan RR— (Washington, D. C.)
89
Metropolitan RR— See WestEnd St. Ry.,Bos. 14
.
.
.
Metropolitan St. RR— See Denver City.Tram.
Metropolitan St. Ry.— Kansas City, (Mo.) ...
Metropolitan St. Ry. (N. Y.)
Metropoltan Traction of Chicago
Metropolitan West Side Elevated RR
Miami Valley Ry. (Piqua, Ohio)
Michigan Traction of Kalamazoo and Battle Creek
Middlesex
& Power
& Monmouth
33
47
59
26
26
74
47
Elec. Light,
Heat
47
INDEX TO RAILWAYS.
Pag
Middlesex ER— See West End St. Ry., Bost.
Middlesex <fe Somerset Traction
Middletown A Bloomingsbuig Tract.— See
Middletown-Goshen Electric
Middletown-Goshen Electric
Middletown— Goshen Traction
Middletown II. A 8.—See Harrisb. Traction.
Middletown Street Ry
14
57
Milford (Conn.) Street Ry.
Milford Holliston & Framingham St.
Milford A Ilopedale St. Ry.— See MiUord
&F.
St.
Ry
Millcreek Valley RR
Millvale Etna A SharpsburgStrcet Ry.— See
Alleghe n y Traction
Millville Traction
Milwaukee City— See Milw. Elec. Ry. & L..
Milwaukee Electric Ry. A Light
Milwaukee Light IIeat& Tract ion
53
28
75
53
53
53
55
Milwaukee Racine* Kenosha KlectricRy.—
See Milwaukee Light, Heat&Traction Co. 55
Milwaukee Street Ry.-See Mil. El. Ry & L. 53
Milwaukee A Wauwatosa Motor Ry.— See
Mil. Light. Heat A Traction
55
Mineral Ridge A Niles Electric— See Mahon92
ing Valley
55
Minneapolis & St. Paul Suburban
Minneapolis St. Ry— See Twin City Rap. Tr.
Mississippi Valley (East St. Louis RR.)
Missouri RR.— See United Railways Co
Mobile Light & RR
Mobile Street RR
Mobile & Spring Hill RR.— See Mo. Lt. & RR.
Moline Central StreetRy.— See Tri-City Ry.
Monmouth Tract.— See Camden A Trenton.
5A
37
81
55
55
55
31
Monongahela Street Railway
76
74
5o
21
Montgomery & Chester Electric Ry
Montgomery Street Ry
5<?
Montgomery Suburban Street Ry
Montreal (Can.) Street Ry
56
Motor Line Improvement— See Woodl'ndCo 37
RR— See Union Depot RR
Moundsville Benwood & Wheeling Ry
Mound
City
Mt. Adams A Eden Pk. Incl. < See Cincin- )
Mt. Auburn Cable Railway.. ( nati St. Ry. 5
Mt. Clemens A Marine City— Det. Pi. Huron
& Shore Line
Mt. Oliver Incline Plane Ry.— See P. & B.
Traction system
Multnomah St. Railway— See Portland Ry..
Muncie Anderson A Indianapolis— See
Union Traction of Ind
Municipal Traction (Denver)
81
91
28
33
76
77
7
33
56
Co.'s)... 16
Muscatine Electric Ry
Mystic Valley St. Ry. (Mass. Elec.
"IW'anticoke St. Ry.— See Wilk. & W. V. Tr.
1™ ashua Street Ry. (Mass. Elec Co.'r-). .
Nashville & Edgelield
See Nash. St.Ry.
Nashville Railway
Nashville Street Ry.— See Nashville Ry
Nashville & Suburban Ry
Nassau Electric
See Brooklyn Rapid
Transit
Natick & Cochituate Street Ry
National Railway, St. Louis, Mo.— See
.
RR—
RR—
73
1«
56
56
56
56
19
56
United Railways Co
St. Ry— See Lynn & Boston RR.
NeednamA Boston (Mass. Elec. Co.'s)
Negaunee & Ishpeming St. Ry. A Electric.
81
15
16
56
. .
56
57
Naumkeag
New Albany Ry
New Albany St. Ry— See New Albany Ry
Newark & Bloomfield Ry— See Newark
Pass.
Ry
46
Newark (O) Consolidated Electric Ry...
63
Newark (O.) & Granville Electric Street Ry.
—See Newark Consol. Electric St. Ry
63
Newark & Hackensack Traction
46
Newark Passenger Ry.— See North Jersey
.."."."
.
StreetRy
46
Newark Plank Road— See No. Jersey St. Rv. 46
Newark & South Orange Ry.— See North
&
Pagk.
River— See Interna21
tional Traction
Niagara Falls
53
53
53
42
53
53
Ry... 53
H.
Niagara Falls Park
95
A Suspension Bridge Ry.—
Cnternational Traction
Niagara Falls Whirlpool & Northern
See International Traction
Ry.—
21
Norfolk (Va.) City RR— See Norfolk Ry.A L.
Norfolk (Va.) & Ocean ViewRR.-See Norfolk Ry. & Light
Norfolk Portsmouth A Newport News
Norfolk (Va.) Ry. & Light
Norfolk Southern St. Ry. (Norwood, Mass.).
Norfolk (Va.) Street RR.— See Norf Ry.AL.
Norfolk Suburban RR. (Hyde Park, Mass.)
(Mass. Elec. Cos.)
.
64
64
61
16
64
A
64
86
61
16
.
.
Ry.— Bee
Oakland Transit Co
66
Oakland RR
67
Oakland (Cal.), Syndicate— See Oakland
Transit Co
66
Oakland, San Leandro & Hay wards Electric
Ry. Consolidated
67
Oakland Transit Co
66
Oakwood
Street Ry., Dayton, Ohio
31
Observatory Hill Pass. Ry.— See Federal St
& Pleasant Valley Pass. Ry
75
Ry— See Market St. Ry.
Ontario Lt. A Tr.— See Ca'nd'gaElec.L.ARR.
Orange Mountain Traction
Orange & Newark— See Newark Passenger.
Orange * Passaic Valley Ry
Orleans RR
Orleans & Jefferson Ry
Ossining Electrio Ry
Oswego St. Ry— See Oswego Traction
Oswego Traction
Ottawa Railway Light & Power
Ottawa Street Railway— See Ottawa Railway Light A Power
25
67
40
40
67
67
67
67
67
84
22
67
46
67
59
59
86
68
68
Jersey Street Ry
46
New Bedford Middleb. A Brockton.
57
New Brunswick City Ry.— See Middlesex A
68
Somerset Tr
57
Newburg Electric Ry
63
68
Newburg & Orange Lake RR.— See NewOttumwa Electrio A 8team
68
burg Electric Ry
63 Ottumwa Electrio Ry.— See Ottumwa Elec
Newburyport & Amesbury RR.— See CitiSteam
&
68
zens Elec St. Ry
63
68
" 57 Owensboro City RR
New Castle Traction
Lake
Line
Oxford
Anniston,
Ala.
7
New England Electric Power—See Man.
"."..
(
chester Street Railway
New England Street Ry
'.
New Haven & Centrevillo Street Ry
New Haven Street Ry.— See Fair Haven
Westville RR
New Jersey A Hudson River Ry. A Ferry.
New Jersey Traction— See Con. Trac. Sys..
New London Street Rv
New Orleans & Carroilton RR
New Orleans City RR
New Orl. City A Lake RR.—See N. 6. City""
.
&
New
New Orleans
Ry— See Cincin-
Orleans Traction— See
CityRR
Newport & Dayton Street
nati Newport A Covington Ry
Newport Uluininat'g— See Mass. Elec. Co.'s
Newport StreetRy. (Mass. Elec. Cos.)
Newport A Fall River Street Ry. (Mass.
Elec. Co 's)
Newport News Hampton A Old Point Ry —
See Newp. News A Old Pt. Ry. & Electric.
Newport News A Old Point Ry. & Electrio
Newton & Boston Street Ry
Newton Street Ry
Newton ville & Waterto wn Street Ry
Newtown Elec. St. Ry.-See Rys. Co. Gen'i'
Newtown Ry.-See N. Y & Queens Co. Ry
"
New
52
59
58
.
Palisades
RR.— See
&
Pasadena 50
&
Hobokeu
Jer. City
Paterson
57
42
46
58
fKq
58
58
58
30
14
16
16
6S
63
64
64
64
70
50
Williamsburg; A Flatbush BB.— See
Brooklyn Rapid Transit
18
N. Y. Elmsford A White Plains.— See Tarrv-
town W. P. & Miiuwv. Rv
New York & Harlem RR.-8eeMet.8t.Kv.8vs
New York A North Shore Ry
New York A Queens Count; Rv., L. I. City"
New York & Staten Island Electric Co
;
Pacific Elec— See Los Anp.
aducab Ry. & Light
63
61
20
50
87
N. Y.Westo. & Conn. Traction.— See People's
Traction Co
61
Park City Railway.— 8ee Bowling Green Ry.
Park A Cliff House— See Market Street Ry.
Park & Ocean RR.—See Market Street Ry
Pasadena A Mount Lowe Ry
Passaic <fe Newark Electrio Traction— See
North Jersey St. Ry
Pass. A Belt Ry— See Lexington Ry
Paterson Central Electric Railway.— 8ee
. .
J. C. Hoboken A Paterson
Paterson City Railway— See J. C. Hoboken
A Paterson
Paterson Horse RR.— See J. C. Hoboken A
Paterson
Paterson Passaic A Rutherford—See J. C.
Hoboken A Paterson
Paterson Railway— See Jersey City Hoboken A Paterson
Pawcatuck Valley StreetRy
Pawtucket St. Ry—See United Trac. A Elec
Peekskill Traction
Peninsular Ry. (Newport News)— See Citizens* Ry. Light A Power
Pennsylvania Motor— See Easton Transit..
Pennsylvania & Ohio Ry
Pennsylvania Trac— See Conestoga Trac.
Penu St. Pass. Ry— See Citizen*" Trac
Penn Yan Keuka Park A Branchport Ry
Penobscot Central Ry. (Bangor, Me.)
People's Electric. Ry.— See Sandusky Milan
A Norwalk Traction
People's Elec— See Springfield Consol
People's Pass. Ry— See Union Trac. System
People's Railroad— See Syracuse Rap. Tran.
.
.*
1
.
.
A
Federal Street
75
rRy
70
Roek & West ChesterPhila. & West Chester
70
Philadelphia City Pass. Ry— See Union
Pliila.
Pa
Castle
Traction System
Philadelphia Co. (Pittsburg, Pa.)
Phila. A Darby By—See Union Trac. Sys
Philadelphia AGray's Ferry Passenger Ry
—See Union Traction System
„
Philadelphia Traction -See Union Trac ...
Philadelphia & West Chester Traction
Piedmont A Mountain View Railway See
Oakland Transit Co
Piedmont Traction— See South Side Ry. A
'.
—
Development
71
74
71
71
71
69
66
69
Pimllco
See West End Traction
Pittsburg (Kan.) Frontenac A Sub. Elec
Pittsburg Incline Plane See Pittsburg A
Birmingham Traction System
Pittsb. Neville Isd. A Coraopolis Pass. Ry.See West End Traction
Pittsburg Oakland A East Liberty Passenger Railway— See Pittsburg Traction
Pittsb. A Ormsby— See P. A B. Trac
Pittsburg Traction— See Consol. Trac. Sys.
Pittsburg A West End Passenger RailwaySee West End Traction
Pittsburg Weir City A Columbus (Kansas)
—See Pittsburg Frontenac A Suburban.
—
Traction
25
North Side Pass. Ry.— 8ee Citizens' Tract. 75
North Side Traction— See United Traction
(Pittsburg.
75
Northern Railway A Improvement
39
North Woburn Street (Mass. Elec. Cos.)
16
Northern Oltio Traction
5
Northwestern Elevated (Chicago)
27
North Attleboro— See Norton & Taunton. . 66
Norton & Taunton Electric
66
Norwalk Street Ry
66
Norwalk Tram way
66
Norwich Street Ry
66
Nyack (N. Y.) Traction
66
Omnibus Cable
Ry—See
Pleas. Valley pa
Philadelphia
Bristol
cte
North Side Electric Ry.-See Chicago Con.
Omaha Council Bluffs & Suburban Ry
Omaha Street Railway
69
69
1
A Pikesville RR.— See United Railways A Electrio
10
92 Pittsb. Allegheny A Manchester Trac. —See
United Traction System
75
27
Pittsb. A Birm. Pass. Ry.-See P. A B. Trac. 76
76
55 Pittsburg A Birmingham Traction
Castle Shannon Railroad
76
43 Pittsburg
46 Pittsburg Crafton A Mansfield Street By-
—See Feb., 1898, Sdpp.
OgdenStreet Ry— See Chicago Con. Traction
Ogdensburg Street Ry
Ohio Central Traction (Galion, Ohio)
Oil City Traction-See Fraaklin Electric.
Olean Roek City & Bradford Ry
Olean Street Ry
Omaha & Council Bluffs Ry. & Bridge
Pekin Terminal
Perry street Pass.
64
64
15
31
85
63
71
People's Tramway Co, (Kiliingly, Conn.).. 47
Peoria A Pekin Terminal By
C9
Peoria A Pekin Tract ion. — See. Peoria A
64
Kansas City
47
North End 8t. Ry. (New York.N. Y.)— See
Consolidated Street
.'
Peon a & Prospect Heights By..
Northeast Elec. Ry.— See Central Electrio of
Oakland
Trac... 78
St. Ry.
(Amesbury, Mass.)— See
Lowell Lawr AHaverb
People's Street By, (Dayton, O.)
People's Street Byanton By
People's Traction, v. v
People's Traction, Phi] ,Pa.— SeeUnionTrac.
91
Northampton Street Ry
66
North Chicago City Ry— SeoN. Chic. St. RR. 25
North Chicago Electric Ry.-See Chicago
Consol. Traction
25
North Chicago Street RR
25
North Dallas Circuit Ry
30
Sopp. for August, 1898.
North End Street Ry (Worcester, Mass.) ...
Northern Electric Ry. (Chicago)
North Greenfield A Waukesha Elec— See
Milwaukee Light, Heat & Traction
North Hudson County Ry. (Hoboben, N. J.)
North Jersey St. Ry. (Jersey City, N. J.)...
North Park StreetRy. (Grand Rapids, Mich.)
Ry.-See Potts ville Union
'.
21
Niagara Gorge
Niagara Falls A Lewiston— See Niag.Got ge
NinUi Avenue RR.— See Metro. St. Ry. 8ys.,
Norfolk Central st. By, (Mass. Elect. Cos.).
Norfolk A- Atlantic Terminal
Norfolk Western
Page.
People's
People's
68
43
17
84
84
51
46
49
43
.
Pittsfield (Mass.) Electric
Pittston Street
Ry
76
74
76
76
76
76
76
76
74
77
Car— See Wilkesbarre A Wy-
oming Valley Traction System
73
Plainfleld St. Railway
77
Pi attsburg Traction Co
77
Plymouth Bridge Co. —^ee Wilkesbarre A
Wyoming Valley Traction
73
Plymouth A Brockton—See Plymouth A
Kingston
77
Plymouth A Kingston Railroad
77
Plymouth St. Ry.-See Wilkesb. A W. V. Tr 73
Portland A Cape Elizabeth Ry.— See Portland RR
77
Portland A Fairview— See City & Suburban
of Portland, Ore
77
Portland(Conn.)St.— SeeMiddletown St.Ry. 53
Portland (Me.) Railroad
77
Portland (Oregon) Ry
77
Portland A Vancouver Ry— See Portland Ry 77
Portland A Yarmouth Electric Ry
77
Port. Norfolk Electric Railwav— See Norfolk Ports. A W. N
64
Port Richmond A Bergen Point Ferry.—
......
See No. J. St. R'way
46
Portsmouth (Va.) Street Ry
78
Pottsville A Reading Ry— See Pottsville
Union Traction
78
Pottsville Un. Trac. (Pottsville, Pa.)
78
.
.
Poughkeepsie City A Wappinger's Falls
Electric Ry.
78
Powell Street Ry—See Market Street Ry
84
Presidio
& Ferries RR
Prospect Park
lyn R.
T
A Coney Island.— See Brook-
84
19
Providence Cable
Tramway— See
United
Traction A Electric
78
Providence A Taunton Street Ry. (Mass.
Electrio Companies)
16
PueDlo Electric St. Ry.-See Pueblo Traction A Electric
79
Pueblo Light A Power
79
Pueblo Traction A Electric
79
Queen
City Ry.— see
Electric St. Ry
Dallas
Consol'd
30
tjueenston Heights Bridge—See International Traction
21
Quincy A Boston Street. Ry. (Mass. Elec
"....
Companies)
Quincy (111.) Horse Ry. A Carrying
Railways Company General
apid Railroad (Detroit)— See Det. Pt. H.
A Shore Line
16
79
70
35
Rapid Railway.-See Det. Pt. H A. Sh. L.. 35
Rapid Transit of Chattanooga, Tenn
23
Rapid Transit Line, Knoxville, Tenn.—See
Feb., 1898, Supp.
43
43
43
43
91
78
68
63
38
68
48
75
68
12
84
86
71
87
Rapid Transit Railway (Dallas, Tex.)
Rapid Transit St. Ry—See No. Jersey St.Ry.
Reading City Pass.Ry—SeeReadingTrao...
Reading A Lowell (Mass. Elec. Companies)
Reading A Temple Elec.Ry.— See Read.Trao.
Reading Traction See United Traction 8ys.
Reading A Womelsdorf Electric— United
Traction System
Rhode Island Suburban (Providence)
Richmond Pass. A Power
Richmond Ry. A Electric—See Rich. P. A P.
—
Richmond Traction
Ridge Ave. Pass. Rv— See Union Trac. Svs..
Ridgotield & Teancck Rv.-See N. J. A H.
R. Ry. A F
Riverside Park Ry.— See Sioux City Tract'n.
Roanoke Ry. St Kleetne
Roanoke St. Rv.-See Roanoke Rv A Elec.
Rochester City 4 Brighton—See Booh. Rv..
BoohesterC. & Maidtou RR
Rochester A Irondequoit BB
Rochester Ry
Rochester A Sodus Bay Ry
30
46
73
16
73
73
73
78
79
79
79
72
42
86
79
7:>
79
80
45
79
80
INDEX TO RAILWAYS.
96
Page.
Rochester & Huburhan
45
Rookford City Ry— See Rockford Ry. Light
A Power
A Power ..
hockingbam Eleotrlo— See Exeter Hamp-
Rockford Ry. Light
i(in
A
Allies!
i
my
80
80
39
Rockland A Abington Street Railway— See
south Shore & Boston
l*
Rockland Thomaston A Cainden Street Ry. 80
Rockport Street (Mass Elec Companies).. 1
Rome City street Ry
80
Ross St.—See P. A B. Trac
76
Roxborongh Chestnut Hill & Norrist'n Ry.
-See United Power & Transportation... 73
Rutland Street Rv
80
C*aeo River Electric
Sacramento
RR
Electric,
80
80
Gas & Railway
Saddle
River Traction.— See Jersey City
HobokenA Paterson
43
Saginaw Consol— See Saginaw Val. Trac
80
Saginaw Valley Traction
80
RR
St. Charles St.
St. Clair Incline
t
Plane
St. Joseph A Benton Har. Street Ry. (Mich.)
St. Joseph Ry. Light, Heat & Power (Mo.)
St. Jo. Trac. & Light— See St. Jo. L. H. & P.
St Louis & Belleville Elec. Ry.-SeeSt. L. &
B Tract
St, Louis A Belleville lia'etfoi"."."""!™
St. Louis Belleville & Suburban Rv.— See
.
St
St.
Louis*
Belleville Tract.
Louis Cable & Western
A Suburban Ry
St.
...
.
."
Ry— See St. Louis
i)
76
81
81
81
83
83
83
83
Louis Cross. Co Ry.— See United Rwys.
Co
81
Louis County Street Railway
Louis A E. St. Louis Elec. Ry
Louis A Kirkwood RR
Louis & Meramec River RR
Louis & Suburban Ry
Louis Tract'n— See Unit* d Railways Co.
Louis Transit
Paul City Ry— See Twin City Rapid
Transit
Salem & Wakefield (Mass. Electric Cos.)....
St.
St.
St.
St.
St.
St.
St.
8t.
Salt Lake CitvRR
8alt Lake & Merour
Salt Lake Rapid Transit
RR
83
83
£3
83
83
81
81
55
16
83
83
83
San Antonio Edison Co.— See Southern
Lgt. A Trac
83
San Antonio Rapid Transit— See Alamo
HeightsRR
83
San Antonio Street Ry.— 8ee Southern
Light
& Traction
San Diego Elec Ry
Sanford (Me.) A Cape Porpoi«e RR
San Francisco A Sm Mateo Electric
San Pedro Street RK.— See Los Angeles Ry.
Sandusky & Interurban Electric Ry
Sandusky Milan & Norwalk Elec. Ry.— See
Sandusky Milan & Norwalk TractioD.
Sandusky Street Ry.— See Sandusky & Interurban Electric
Saratoga Traction
83
83
84
84
50
83
84
84
81
Savannah Traction— See Sav. Thunderbolt
Alsleof Hope
84
Savannah Thunderbolt & Isle of Hope Ry. 84
Schenectady
Schuylkill
Ry
84
Electric
Ry.— See
Pottsville
Union Traction
78
8chuylkill Haven & Orwigsburg St. Ry.—
See Pottsville Union Traction
78
Schuylkill Traction (Girardville, Pa )
41
Schuylkill Valley Traction (Norristown.Pa.) 64
Scranton A Carbondale Traction— See Scran-
ton Railway System
85
Scranton Pass. R'y—See Scranton Ry
85
Scranton & Pits'n Trac— See Scran. Ry. Sys. 85
Scranton Suburban— See Scranton Ry
85
Scranton Ry
85
Bea Beach Ry.— 8ee Brooklyn R. T
1H
Seashore Electric Ry, Asbury Park
7
Seattle City Ry
Seattle Electric Co
Seattle & Ranier Beach
Ry.— 8ee
A
Seattle
Renton R\. Co
85
85
85
Seattle A Renton Ry. Co
85
Seattle Traction— f-ee Seattle EletricCo.. 85
Sea View RR.- See Brooklyn R. T
18
Second Ave.Pass. Ry— See United Traction.
Second Ave. RR— See Met. 8t. Ry. Sys.(N.Y.)
Second Ave. Trac—See United Trac Pitts.
Second & Third St. Pass. Ry.— See Union Tr.
System
Sedalia & Brown Sps.— See Sedalia Electric
&Ry
Sedalia Electric
75
61
75
72
85
85
& Railway
Seventeenth & Nineteenth Street Passenger
Ry—See Union Traction System
72
Shamokin & Mt. Carmel Elec
85
Sheboygan Light, Power & Ry
86
Shelton .Conn.) Street Ry
86
Shore Line Electric Ry.—See United Railways*; Electric
10
Signal Mt. Ry. (Chattanooga Tenn.)
23
Sioux City & Leeds Electric Ry.— See Sioux
City Traction
86
Sioux City Traction
86
Sioux City Transit— See Sioux City Trac... 86
Sixth Ave. RR— See Metro. St. Ry. Sys
61
Somerville Horse RR— See Boston El. Sys.. 14
So at h Boston RR— See West End St. Ry . 14
Southbridge & Sturbriage St. Ry
86
South Chicago City Ry
27
South Covington A Cin. St. Ry— See Cincin
nati Newport & Covington Ry
30
Southern Boulevard RR.— See Union Ry
62
Southern Electric By.— See United Railways Co
PI
South Light & Traction
83
Southern Ohio Traction
28
South Ferry Ry—See Metropolitan Street
Ry., and also Broadw'y &7th Ave. RR
59
South Jersey Tr.— see Bridgeton & M. Tr... 69
South Middlesex Street Ry
86
South Orange & Maple wood St. Ry
67
South Orange & Maplewood Traction ...
67
South Shore & Boston Street Ry. (Mass.
Elec. Co.'s
16
South Side RR— See Cleveland Elec. Ry
28
.
.
.
. . .
S-outh Sub. St.
Pouth Side El.
Rv— See
RR
,
Metropolitan
Chicago
St.
Page
Ry 47
27
SouthPide Ry.A Development Co. (Peters
burg, Va
69
Southwestern Elec. Ry.— See Un.ted Rail)
ways Co
81
7o
Southwestern Traction Ry. (Phila.,Pa.)
South West Missouri Electric Ry
90
Spokane Elec. Ry —See Wash. Water Pow.
86
System
Spokane & Montrose Motor RR
86
etc—
Washington
Ry.,
See
Spokane Street
Water Power System
86
Springfield City Ry— See Springfield Consolidated Rv
87
Springfield (111.) Consolidated Ry
87
Springfield (Ohio) Ry
87
Springfield (Mass.) Street Ry
87
87
Springfield El. Ry. (Vt.)
Springtield (Mo.) Traction
87
Stamford S treet R R
87
Statenlsland Elec. RR
87
Staten Island Midland RR
87
8teinway Ry.— See N. Y. A Queens Co. Ry.. 50
Stillwater & Mecbanicsville
52
Stockton Electric RR
87
Streator Ry
87
Suburban Railroad (Chicago)
27
Suburban Traction (see Orange & Passaic
Vallev Ry.), Orange, N.J
67
Suburban Rapid Tran. St Ry., Pittsburg, Pa. 76
Summit St. Ry.— See Met. St. Ry., Kansas
City. Mo
47
Bunbury & Northumberl'd Elec. Ry
87
Superior Rapid Transit Ry
90
Susquehauna Traction
50
Sutro RR
84
Sutter Street Ry
84
8yracuse Rapid Transit Ry
87
Tacoma Ry. A
Power
amaqua &
Pottsville Electric
Pottsville iJnion Traction
RR— See
88
78
Tarentum (Pa.) Traction
88
Tarrytown White Plains & Mamaroneck Ry. 62
Taunton & Brockton Street Railway (Mass.
Electric Companies)
Tminton Street Ry. (Mass.
Taylor Avenue
17
Klectric Cos)
RR-See Unite
t
17
Railways
Co
81
Temple Street Cable Ry
51
Terre Haute Electric Ry
88
Terre Haute Street Ry— See Terre Haute
ElectricRy
Third Avenue RR. (N. Y.)
Thirteenth & Fifteenth Sts. Pass. Ry— See
Union Traction System
Thirty-fourth St. RR.
) See 34th
ib)
Thirty-fourth St. Fer. & 1 1 th Av. $ St.Cr't'n $
Thirty-fourth St. Crosstown Ry.— See Met
ropolitan St. Ry. System
Toledo Bowling Green & Fremont Ry..
Toledo Consolidated St. Ry.— See Toledo
Traction
Toledo Elec. St. Ry.— See Toledo Traction
Toledo Fremont & Norwalk St. Ry
Toledo Maumee & Perrysburg Elec. RR ...
Toledo & Maumee Valley Ry
Toledo A Monroe Ry
Toledo Traction
.
Topeka Ky
Toronto (Canada) Ry
Torrington A Winchester Street Ry
Transverse Pass. Ry.— See Citizens' Trac...
Trenton Passenger Ry.— See Trenton St. Ry.
Trenton (N. J.) Street Railway— See United
Power A Transportation
Tri-Citv Railway
Troy City Ry.— See United Tract. (Albany).
Troy Hill Pass.Ry— See Fed.St. AP. Val.P. Ry.
Troy A Lansb'g RR— See United Tract. (Alb.)
Tuscaloosa Belt Ry
Twenty-eighth A Twenty- ninth Sts. Cross-
town RR.— see Met. St. Ry. System
Twenty-third Av.Elec.Ry See Oakland San
Leandro A Haywards Electric Ry. Cons'd
Twenty-third St. Ry.— See Met. St. Ry. Sys..
Twin City Gen'l Electric (Ironwood.Mich.),
Twin City Rapid Transit
.
—
88
61
72
61
61
88
88
88
88
88
88
88
88
88
88
88
74
73
73
31
5
75
5
88
61
67
61
45
55
Consol. Elevated RR.. Chicago ... 27
nion Depot RR. (St. Louis, Mo.)— See
ITnion
1
UniU d Railwavs Co
81
Un. Elec, formerly Un. St. (Dover, N. H.).
Union Electric Ry.— See Saratoga Traction
Union Elevated RR., Chicago
Union Loop— See Union Elevated RR
Union Pass. Ry. See Union Trac System.
I'nion Ry. of New York
Union Ry— See Chester Traction
Union RR—See United Traction A Electric.
Union Transit (Chicago, 111.)
Union Street Ry. (New Bedford. Mass.)
Union Street Ry. — See Saginaw Val. Trac.
Union Traction Co. of Indiana
Union Traction (Jersey City, N. J.)— See
Newark A Hackensack Traction
Union Traction (Philadelphia, Pa.)
Union Transit Co. (Chicaaro.)
Union Trunk Line.— See Seattle Elec. Co....
United Electric Light A Power ro.iBalt.)—
See United Railways A Flee Co. ot Bait..
United Power A Transportation
United Rys. & Electric Co of Baltimore...
United Railways Co. (St, Louis)
United RR. (Brooklyn. N. Y.)
United Trac. A Elec (Providence, R. I.)
United Traction (Pittsburg)
United Traction (Reading, Pa.)— See United
Power A Transportation
United Traction (Albany)
Urbana A Champaign Ry. Gas
E. Co
Utica Belt Line Street RR
Utica A Mohawk RR
Utica Suburban— See Utica Belt Line
37
84
27
27
Vallamont Traction
91
86
vo
64
.
—
. .
&
Valley Street Ry. (Sharon, Pa.)
Van Brunt Street A Erie Basin RR
Virginia Electric Co.— See Norfolk Ry.
& Lt.
r
-
2
62
74
78
27
57
80
7
46
70
27
85
12
72
10
81
19
78
75
73
5
22
s9
89
89
Page.
A
Virginia Traction— See Southside Ry.
De-
velopment
w
69
akefield A Stoneham Street Ry. (Maps.
Electric Companies)
GwynnOak A Powhatan,— See
United Railways A Electric
Walden A Orange Lake RR.— See Newburg
ElectricRy
Wall A Cortlandt St. Ferries Ry. (N. Y.)...
Warren Brookf A Spencer (Spencer)
Washington Alexandria A Mt. Vernon Ry..
Washington Arlington & Falls Church Ry.
Washington A Georgetown. — SeeCapital Tr.
Washington A Glen Echo RR
Washington A Great Falls Elec. Ry
17
Walbrook
.
&
& Elec
Washington
Tract.
Rockville
10
63
63
86
90
JtO
90
89
8J
Ry.— See W^sh.
Wash. Traction A Elec
Wash. Westmiuster <fc Gettysburg RR
Washington Water Power, Spokane
Wash. Woodside A Forest G'en Railway A
Power Co.— See Wash. Tract. <fe Elec
..
Waterbury Traction
Watertown A Brownville Street Ry— See
Black River Traction
.
Waterville A Fairfield Ry. A Light
Watervliet Turnpike A RR.-See United
Traction (Albany)
Waukesha Beach Electric— See Milwaukee
Light, Heat A Traotion
Waukesha Electric— dee Milwaukee Light
Heat A Traction
Waverly Sayre A Athens Traction Co
Waverly A Woodstock Electric Ry— See City
.
A Suburban Ry
89
89
12
86
89
90
90
90
5
55
55
90
77
64
62
25
& Boston St. Ry
Westchester Electric— See Union Ry. N. Y.
West Chicago Street RR
West Chicago Street RR. Tunnel—See West
Chicago Street RR
West End Passenger Ry—See Frankford A
South wark Passenger Ry
West End Street Car
West End Street Ry.— Boston
West End Street Ry.— See Denver City RR.
West End Street Ry. (Knoxville.Teun.)— See
Knoxville Traction Co
West End St. Ry.—See Conestoga Traction.
48
48
West End Traction,
76
Welleslev
.
Pittsburg,
A
Pa
25
71
83^
17
33
77
Elizabeth
21
West Jersey Traction (Camden, N. J.)
Union
West Philadelphia Passenger Ry— See
72
Traction System
West Pittston <fc Wyo. St. Car— See Wilkesb.
Westfield
A W. V.Trao
West Roxbury
73
A Roslindale Street Railway
17
(Mass. Klectric Companies).
85
West Seattle Cable
58
WestShore Ry. (New Haven. Conn.)
83
West Side Rapid Transit (Salt Lake)
38West Side RR. (Elmira, N. Y.)
West Side Street Ry— See Milwaukee Elec
RyALight
West Street
53
A North End Electric
Ry.- See
85
Seattle ElectrioCo..
West \\ ater St. RR.— See Elmira W. LA RR 38
91
Wheeling (W. Va.) A Elm Grove RR
Wheeling (West Va.) Ry
White Line St. Ry.— See People's
91
St.
Ry.
31
(Dayton)
White Line Traction (Paterson).— See
J.
C,
Hoboken & Paterson
Whitestone A Col. Pt.— SeeN. Y. A No. Shore.
Whitman St. Ry.— See Brockton St. Ry
Wichita Ry. Light A Power
Wilkesharre Dallas A Harvey's Lake Ry.—
See United Power A Transportation
Wilkesb. A East Side
See Wilkesb.
to
iract1011
do
A West Side
Wilkesbarre A Wyoming Valley TractionSee United Power .v Transportation
Williamsport Passenger Ry
Willamette Bridge Railway— See City A
Suburban Railway
Wilmington City Electric—See United
Power A Transportation
Wilmington (Del.) City Ry.— See Wilm. &
Ches. Trao
Wilmington (Del.) A Brandywine 8prings
isssa *^™-*
43
20
15
91
73
*
-
J
I
73
91
77
74
73
Ry
91
Chester Traction Co.— See
73
UDited Power A Transportation
Wilmington A New Castle Elec Ry. (Del.).. 91
91
Wilmington (N. C.) Street Ry
58
Winchester Avenue RR
68
Winnebago Traction (Oshkosh)
Winnisimet RR— See Lynn A Boston Sys... 16
91
Winston-Salem Railway A Electric
Wissahickou Elec- See RoxbVh, Chestnut
71
Hill & Norristown
Woburn A Reading (Mass. Electric Cos).... 17
37"
(Duluth,
Minn.)
Woodland Co
91
Woonsocket Street Ry
91
Worcester A Blackstone Val. St. Ry
91
Worcester A Clinton St. Ry
Worcester Consolidated 8 treet— See Wor92
cester Traction System
Worcester Leicester A Spencer St. Ry.— See
92
Worcester & Suburban
92
Worcester A Marlborough Street Ry
Worcester A Millbury St. Ry.— See Worce92
ster A SuburbaD
92
Worcester A Suburban Street Ry
92
Worcester Traction
Li«ht
Wyatt Park Ry.—See St. Joseph Ry.
81
Heat A Power
35
Wyandotte A Detroit River Ry
Electric
Wilmington
&
Ave., N.Y
63
See United R' ways
Yonkers RR.— See Third
ork Road Turnpike
10
AEleo
York County Traction See York St. Ry... 92
92
York Street Ry
Youngstown Street Ry.— 8ee Mahoning
92
Valley Electric
rm anesville
Elec.
Ry
92
@FedFRASER