The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
mlmmi
tksim'
OF THE
COniHERCIAL AND FmMCIAL CttROAIICLE.
I'UBLISHED ON THE LAST SATURDAY OF EACH MONTH.
Farnished Gratig to
NEW
Co.,
Boston Banhers
No.
BXCHA.NGIE PLAOB,
NBW I OUK.
No. 5
Issue Letters of Credit for Trarelent,
KASSAr
ST.,
NEW
1
and are prepared, at all times, to bny or sell in large
or small amounts, to suit all claasei of investors.
Ordere by mail or telegraph vlU receWe careful attention.
We
shall
rererence 10
A6KNCV OK
be
all
SudioN'B BiriLsiMs, 40
pleased to fnmlah Information In
matters connected with investments
Govemmetit Bonds.
also bny and aell Gold and Gold coupozra
COLLKOT DITIDBNDS. and TOWN. COOSTT and 8TATB
Coupons, Ac. and bay and ell,oic CoHaissiOK, all
Mabkbtablb Stock andBo.sds
In our Banking Dbfabtxknt we receive deposits
Hank
We
OF
Canada,
WALL !>TUEGT.
..... )», 000,000 Gold,
OBpltal
falrt up, ..... 8,138,620
"
63
and remittances subject to drafi,aDd allow In'ereat,
to be credited monthly, on balances averaging, for the
month, from 11.000 to t-VOO, at trie rate of three per
cent per annum, and on balances averaging over
Bills of Exchange bought and sold. Commercial
CredlU granted, Draftg on Canada laaued. Bills collectad. and other Baolung business transacted.
96.000, at
Orders for
all Flrat-Clasa Securities
Parker
RANKKKK.
78
J.
G &
S.
M. K.Jesup,Paton&Co.
St.
BANKERS,
G. C. Ward,
18 STATB STBBitT. BOSTON.
Adolph
Bcissevain
Brewster, Basset
Draw Exchange on Union Bank of London.
Accounts ol Banks, Bankera and otbera raoelvea
upon favorable terms.
Interest Allowed on Balances 8nb}ect to Drafts
or to our Correspondents in Europe.
Investment Securities Bought and Sold.
AV9
Greenebaum Bros.& Co.,
COinniSSION InEROHA^^8,
CONGRESS STREET,
3fi
throogbout the
1
Naeaan
Orders executed on Commlsalon at Broken
ol
Wall
Investment Securities conatantlv on banc.
Peabody & Co.,
BOSTON, MASS.
ICidder,
;oH)fBB<71AL AND ClBUTTLAB LmBBB OF CBBDtT
I«SUBD ATAILABLB TN ALL PABTB OF THB WOBU>.
EZOHANOB
OH LOBDOV. PaBIB, AUD arHBB COMTUMBTAL
York,
Ne-w York Ofllce, 33 Wall Street.
Stbbbt.)
CHLC&UO UOUBB:: HENR7 GREBNEBADM AGO
Bnrope.
Issue Bills Of Exchange, Travelera* and Commercial
Credits, also Telegraphic Transfers of Money, avail
•hie In the leading cities of Bnrope an^ the United
States.
'
Make Paynianta on Letter- of Credit to Travcleia
and transact a general American Banking Bnalress.
Refer by spuclal permission to Messrs. Blake
Brothers ft Co.. IV)hto:i and New ^ ork. and to Me*sr^
8. A W. Welsh, PhlUilelphU.
Winslow, Lanier
&
Co.,
BANKERS,
«
PINK 8THKET,
NBW
I'opoFit accounts received
Bonds
;
Oonnly, and Railroad
laane Letters of Credit for foreign traveL
LONDON CORRB8PONDKNT8
OITV BANK, Thntadneedio Street.
CHARLES OTIS,
47
~
BXCHAMOB FLACB,
S.
King
&
46 Pall nail, London, Bngland.
Issue CIRCULAR NOTB8 ftttn/ cAarjt, available
Railroad
and Gas Stocks,
6c
Co.,
RANKKKS AND BROKERS.
BALTIMORE.
INVESTMENT
and
VIRGINLA SECURITIES
a
specialty.
Correspondence
and
solicited
tnfarmatlon fmr.
BlBhed.
N. \. COBBBSPONDBirra—McKIm Brothers
Bell
*
Co.
Austin,
STOCK BROKER,
No. 819 WTALNITT
STREET,
PbUadelpbla.
Stocka and Bonds promptly execute* at
the Philadelphia and New Tork Boards.
Orders
In
in all parts of the world.
Grant
COMMERCIAL CREDITS
tor use against
Bonds, Stocks, Jewelry,
Consignments of Merchandise.
Execute Ordera on the London Stock Exchange.
Make
Collections on
all
Points.
Receive. Deposit
General London and Foreign Banking Bnslneas.
KING, BAILLIE *
Specialty lor 19 Years.
iiaoUtloBB of > Looal SeoultlM' tn tUf paper
« Baltimor- Bankers.
Wilson, CoUton
J.
and Current Accounts on favorable terms, and do a
City
Fhila.
Co.,
BANKERS,
Kecelve the acconnta of Interior twnka, banlcera
for the sale of City,
on favorable terms.
We oler for sale a limited amount of
West Ohlcaffo Park T Per Cent Bonds,
Dne 1890.
Henry
YORK,
corporations and Mercbanta.
AgenU
Board
CXTIBS OF kUBOPB.
Street, Nenr
(CoBiTBB OF
Securities
Cuatlaent
Commercial
paper.
BANKERS,
AMSTERDAM, HOLLAND
Coll ctlons
Co.,
BANKERS.
No.
at
Advances made npon Consignments to our a ddreaa
BANKERS
Mafc
&
and
Sight.
& Co.
Bay and Sell on Comu laa on Anierican
In BoUand and other Contloenial Markets.
<;ltr
Auctions, and Private Sale.
New York.
No. S3 UriUiam Street,
AOBVT8 FOB
tRINO BROTHERS dc OOHIPANX,
S3 WALL 8TRKBT, NBW TOBK.
Western
Dealers In stoilo, Bonda, Gold and
INGRAM,
isONOON AGENCY, 33 Lombard
Stackpole,
DBVONBUIRB 8TRBRT
BOSTON,
.oatou, nass.
WALTER WATSON, (.„„,.^
f*gento.
WM.
&
Rny and Nell
County Bonds.
HATCH.
ic
executed on
Commission.
the rate of fonr per cent.
FISK
St.,
Advaneea on Collaterals,
Inrestment Securities.
In
Merchants'
Co.,
Watib
Bnalness Paper boa([lit and sold.
Deposits received, Colli-ctlons made,
ORK.
We give partlcnlar attention to Disiot Dx/tLises
rv OOTKBNHBNT BOITDa AT CUBBBNT KABKBT BATXft
Payable In any pan of Baropa, Aua, AtrU*, Anitrulla
and America.
Draw Bllla of Bxckanie and make telegrapUc tranaera of money on Bnrope and California.
1
BOSTQIV.
BANKBRS,
COKNKll BKOAD 8TKKBT,
&
Richardson, Hill
& HATCH,
FISK
BANKERS,
59
25. 187H.
Financial.
W. Seligman &
6l
J.
MAKCH
YOKK,
Financial.
Subacriben of the Chronicle.
all
Messrs.
CO., Liverpool.
AGENTS,
NEW YORK
UTARD, CAmPBELL
dc
CO.
WILXS, &c.,
RECEIVED FOR SAPEKKEPINO BY THE
SATE DEPOSIT CO. OF NEW TORK,
A 148 BROADWAY, COR. LIBERTY ST
140, 142
Frahcib H. Jbnkb, Praddwit.
Tbe fliat MtablUbad in the
world.
—
:
^
INVESTORS* SUPPLEMENT.
8*«'L
REAL ESTATE
MORTGAGE BONDS
OF
of charge.
Especial attention given to Collections, and
ladlvldual liability
»»lU
tliU Company.
lntere.t of evjry bond 1» guaranteed by
no
Tbe Company guaniuteelng tl.cse Bonds receives of
no obligation,
d<.pil.u. ole" no money, and incurs
except those arising froin sy'-„l' BU'iranty
i,y?liara,'tei
One M Wlon
thereby keeping '« "hole capftal ol
TIMES the
Dollars unimpaired. TO MhhT AT ALL
pavment of both principal and Interest of
CORItESPONDENTS.
points
Tradesmen • National Bank, and euman. Son A Co.
New York Wells. Fargo A Co.'s Bank, San I rancisco
;
Chas. F. PaszaL,
President.
AU mortgages securing tbe Bonds are formally approved by the following Executive Board
HOBEUT L. KENNEDY, ADRIANA.ISELIN,
K;)ilSkVELT,
JAMES
SAVUkL WILLETS,
First
EUGK^E KELLY, .
JOHN D. MAXWELL,
UUSTAV H. KISSELL.
CoUectlona made on
THOS. r. HILLEE,
pay1 hese Securities bear Seven Per Cent Interest
at ooe
able semi annually, and are ottered for sale ol ine
and two and Interest at tlic office
hundred
Equitable Trust Company. Nos. SI & 54 VVllllam street.
.lONATHAN EDWARDS, President.
CASH CAPITAL
"
'
»'«<'«',
J
1
parte of the United Statei
all
T. K. Skinker,
JMO. W. MILLIE
B. D. WIt,I.IAllS.
&
Thos. P. Miller
ATTORNEY- AT- LAW,
ST. LOUIS. Mo
417 Olive Street,
^T" Special attention given to the collection o
Co.,
BANKERS,
MOBILE, ALABAMA.
i
MUNICIPAL BONDS.
Pres't Third
Special attention paid to collections, with prompt
reniltunces at current rates of exchange on day of
ENOI.AMD
--;.
Transacts a general banking bualneas, and makes colall points In the South and Southwest at
reasonable rates. Accounts of Banks, Bankers, Merchants and others solicited.
BoAEB CF DiEioTOES.-O. F. Penjel, Wffl. Klrten,
Judge U. M. Itose. Jno. E. Ueyer. Q. W. Johnson, Geo.
BelcWdt. J. K. Brodle. A. Schader. Jno. O. Fletcher.
N. Y. CoBEEapoNDENTB, Donnell.LawBon & Co.
Bank,
National
Savings Bank,
lections on
IVIIiiniNtiTON, N. O.
:
C»>hler.
LITTLE UOCK, ARK.
A. K. Wai-KXB, Caahlet.
B. B. BUBBDSB, Pres't.
Wk. Kietis. Cb««dT. Walkie
Vlcc-Pre»ldent.
German
N. B. A.
Sah rsAiioieoo— 1 he Bank of California, and Tbe
Nevada Bank of San Francisco.
prompt
THE
Prompt
all
—
I'
CORRESPONDENTS.
LOHDDW— London Joint Stock Bank.
Pabis— Messrs. A. & H. Heine.
Niw York— The Bank of New York,
of
'"S*"n<l-Efch bond U secured by a drst mortgage
w>«l oHtHte of not less tlmn double us value.
prompt payment of botli nrlnclpnl and
Mfni-Tho
»IE*V
Special attention given to Collections, and to tha
Inreatlng of money on brst-clau real estate security
for non-residents.
made free
•i;i_)
$2t0,000.
Capital Mock,
ORIiBANS.
Remittances made. Exchange purchased on
tbe United States and Canada.
Sterling and francs bought and sold.
S. CoLixsa, Caahler.
OF DENVER, COLORADO.
Bank
{FOKMKKLT LotrialiKA STATI BAKK.)
CONSERVATIVE INVESTORS.
of tbe
KKMSKN.
HENliY P. HAVEK.
NEW
8.
The Exchange Bank
Traiuaeu * General Banking Buslnesi. CoUectlODB
$1,000,000 OAPITAl.
THESE REAL ESTATB MOKTliAOK BONDS ARE
COMMENDED TO THE ATTENTION OF
THE MOST
rllA« UUtLeK.
C««bter.
State National
EnanT, Prealdent.
F. J.
C. dcpitt,
Ii.
Praildent.
capital, $850,000. Limit, $1,000,000.
Equitable Trust Co.,
WM
Cbas.
Kekxidt,
II.
GUARANTEED BY THE
•
Western Bankers.
Southern Bankers.
Financial.
J>ir«(-They have the
[March 25, 1876
National
References— J. It. Llenberger.
Bank. St. Louis Wm. II. \V aters. I'rcs't Second Nat.
Bank, fct Louis Edward P. Curtis, Cashier Nat. Bank
of the State ot Mo., St. Louia wm. H. Thomson,
Cashier Boatmen's Saving Bank, St. Louis.
;
;
;
"""correapondents.
— German
American Bank,
York: Louisiana National Bank,
of Liverpool, Liverpool.
Mortgage Security Co.
Orleaua;
New
Bank
James Hunter,
OFFERS FOB SALB, AT PAH,
SEVEN PER CENT JEN-IEAR BONDS
SECURED BY
New
BANKERS AND BROKERS,
BROKER,
FIRST MORTGAGES Of IMPROVED
REAL ESTATE.
Dealer In Coin, Southern Securities and Exchange
Loans Negotiated. Advances made on Secnrltlet
placed In my hands for sale at current rates.
Address,
GUARANTEED. PRINCIPAL AND INTEREST,
ST. LOUIS,
MO.
Savannab, Georgia.
BT
rra
CAPITAL, STOCK OF $500,000.
Bonds
Interest Coupons payable reml-annu lly.
registered to orde', or payable lo nearer at option.
Acci at d Interest. Is not required to be paid by purchaser, he r.ext-due Coupon bei"g stami-ed so as to
denote lb a Interest begins at the d .le of purchase.
A Pamphlet wbh full iDformstlon will be sent on
application to the Company's Office,
i
43 Milk Street, Boston.
The«e Bonds are commcndefi to the attention of the
as lliey a:e
MOST CONSEKVATIVK lNVp.STilll8, be obtamed.
believed to be as perfect a 'ocurlty as can
The lisue of Bonds Is limited to one-half ilie amount
of the same class of Bonds ever Usued under a like
Guarantee.
„
^
-
,
,
The security of each Bond Is not confined a to single
Mortgage, but extends over »11 the Mortgages owned
by the Compa ly. This Company receives no deponts,
Kuarant eeno other securities, and has no other debts
than Its bonds. Its Mortgages are of like character to
those which have been bought In the last twenty years
by IndlvldiialB, Life Insurance Companies and other
of more Ihan Fifty Millions of Dollars, proving a most secure and satisfactory
luvf stment. The Loans are all upou Improved Farms
Inaonieof ihe most fertile Weatern state*, near the
liallroads. with short and perfect titles, and average
less than i(i,W each, upon property worth nearly four
times their amount. Experience has proved that weisole ted Mortgages upon tins class of properly are
taler than those upon city property, either in the East
or \\ est. They ae notatlected by Fires, or by Business
revulsions : frluclpal and Interest are more promptly
paid and upon the »u cess of Agrl ultnre depends
that of almost every Industrial investment.
SALTONSTALL, President.
FRANCIS A. OSBORN, Treasurer.
Corporations, to the
amount
Box
(P. O.
Retento Beory Talmadge
6,
81.)
Co.,
New York;
Bontta-
Amos
James
yiOE-FEEBlI>BNT8;
Geo. C. Richardson,
A. Lawrence,
Thomas Wlggleswortb
L. Little,
Geo. P. Upham.
DtKSOTOBS
Charles L. Flint,
Henry
^"ItonBiall,
Chiiriea L. Young.
T. Jefierson CooUdge,
John P. Putnam,
J. B. Upham,
OOUNBEL;
Hon. Henry W. Paine, Bosloi,
Simeon E. Baldwin, New Haven.
W. K.MoALPiNK,Vlce-Pre8
R. S. WiLLiB, Pres't.
8. U. KiHBALL, Cashier. N.O. Labte, Secretary.
t.
Texas Banking& Ins. Co.
Oauli Capital,
•
•
-
'
-
>
-
DIRECTORS J. E. WalUs. M. Qnln, E. S. Jemlson
Geo. Schneider, B. S. Willis, T. A. Gary, W. K. McAlplne, D. The Ayers. J.Bernstein, J. S. Gilnnan.U.L.
Cleveland, Peter H. Rtaard, J. A. McKee.
Special attention given to collections at all points
n tne State, and remittances promptly made, wlthont
any charge except custoinary rates of exchange.
&
Adams
low
We aUo
Konntze Bros.
New York Corresponient
TBE CITY BANK OF HOUSTON.
Capital, $500,000,
Te X AS.
N,
give special attention to collections on all acce>
Ible points.
_
„
.
,
DIRECTORS ! W. J. Hutchlna, P. W. Gray, A. J
Bnrke,Coi Knnis, W. M. Rice, C. S. Longeope.
BENJ. A. BOTTS,
hU kinds of new
FrlDtlni; Materials
Geo. Bruce's Son
8c
Co.,
No, 13 Chambers Street, N. Y.
N. B —Tbe Stock and Bond Tables of tho Comvbb
aiAL AND Financial Chhoniclk, published In a tupplement to that pajter. on the last Saturday of each
uouth, and occupying twenty-seven pages, are set In
nrnce'a Nonparlel, No. 12, with their Patent f Iguret
ud Fractions,
an
PER CENTS havu mner failei. Nothing butand earthaa to
atisoluU aemrili/;
nuake can impair their
Jroniptness.ask our New York Bank, our paper la
alwavs at par in New York, because almiw paid at
matu'lti/. Have leaned inllUone. and not a dollar bar
ever been lost.-Kor details address ACTUARY of the
Central llllnolB Loan Agency, Jacksonville, IlUuoli
T. O.
Box
657.
Defaulted Securities
Cashier.
^ -
LONDOX, Uead Office, 3 Angel Court.
SAN FRANCISCO Office, 422 California
NEW YORK
Agents, J.
& W.
Antborlzed Capital, Paid-up and Reserve,
SeU^;mau
St.
& Co.
•
$6,000,000.
-
1,55 0,000.
Transact a general Banking business. Issue Commercial Credits and Bills of Exchange, available In all
pa'ts of the world. Collections and orders for Bonds
Stocks, etc., executed upon the nioBt favorable termv
F. LOW
[ w,...p,,
lONTATZ STEINHART, J ""''»'"•
FRED'K
P. N.
N
President.
(LIMITED),
ifrlces for cush.
cleal in
I
While bonds and stocks are the footballs of brokers
tbe solid Illinois and Missouri TEN PEU C^ NIS
(semi-annually at me American Exchange KatiouiU
Bank, New York) and our choice Kansas IWEL\K
Anglo-Californian Bank
In America, otsorted for £nellsh, French, Spantsh,
and Portuguefic. wliicti we sell In lots to suit purchas-
& Hannaman,
VESTMENT BROKERS,
Smith
A Solid Twelve Per Cent
TO PRINTERS.
ers, at
ST. LOUIS, MO.
INDLANAPOLI8, INDIANA.
DALLAS, TEXAS.
WEEM8.
Co.,
Leonard,
BANKERS
H OUSTO
We
&
Cash advanced on Stocks and Bonds left for Sale.
:
B. Y.
PRINTING TYPK8
Love
BANKERS AND BROKERS,
^300,000.
L.
stock of
Onr long experience In above class of Becurltlea
enables ns to be prepared to make cash bide by wire
to parties giving full descrip tion.
GALVESTON, TEXAS.
Western Bankers.
We keep on hand tho largest
RAILROAD BOSDS, STOCKS, MISCELLANEOUS
AND LOCAL SECURITIES, ETC.
ern Bank, Savannah, Ga.
;
HENRY
DEFAULTED MISSOURI COUNTY, CITY AND
TOWNSHIP BONDS MADE A SPECIALTY.
LILIENTHAL,
Caahler,
STATE OP ARKANSAS,
CHICAGO, DANVILLE & VINCENNES UK.,
NEW HAVEN, MIDDLETOWN & WILLIMAN
TIC RAILROAD,
L0GAN8P0RT, CRAWTORDSVILLE & S.W. RR.
CHESAPEAKE & OHIO RAILROAD,
NORTHERN PACIFIC RAILROAD,
OSWEGO MIDLAND,
MONTCLAIR (NEW JERSEY) RAILROAD,
Dealt in by
RIPL-EY & COMPANY,
32 PINE STREET, K. Y.
Bankers and Dealers In Interest Fay
lue City, State and Hallway
Bonds.
COUPONS AND DIVIDENDS COLLECTED.
,
'
['
aHA
t
^uptaiit
fnkstirrs
OF
THIS
COIHIHERCIAL AND FIMNCIAL CHRONICLE.
UBLISHED ON THE LAST SATURDAY OF EACH MONTH
Fnrnisthed Gratis to all Snbicrlbers of the Chronicle.
13;6, by Wv. B. Daka & Co., la the ofllce of the Librarian o( Cen«reu, Waiblncton, D. C]
[Kntared kocordlDg to act of Congreaa, ta the year
•^
NEW
'^
YORK,
~*
r-^
lit
MAKCH
INVESTORS' SUPPLEMENT
J
i
25, 1876.
the large increase in city, county and town bonds in the past ten
years.
The
and in the rates of taxation has
developed a loud public sentiment agaio.it the further
increase in city obligations. The experience of city bondholders,
ouh financial Cjitotticle.
however, has thus far been good, and, except in some of the
Southern and minor Western cities, the principal and interest
The Supplement ia itaaed on the last Saturday of each month, containing have generally been paid at maturity. City bonds shonld always
a complete exhibit of the Funded Debt of States and Cities, and of the Stoclta be a favorite investment for local purposes, but it is possible that
and Bondx of Kailroad and other Companiea.
an advantage might be gained by giving a priority to bonds
It i» fumlabed without extra charfi;e to all regular anbgcribera of Thk
according to the date of their issue. It seems to be manifestly
Chuunicle; no single copies are sold at the ofllce, aa a auflicient supply is
unjust that the purchasers of the early issues of city bonds, when
priuted for aubscribera only.
the debt was small and easily manageable, should be placed on
Transient advertisements are Inserted at twenty-five cents per line; advera level with purchasers who came in at the eleventh hour and
tisements by the quarter, eiz months or year, at special rates.
paid a low price for their bonds, in consequence of the heavy debt
large growth in city debts
at length
Cammernal
INVESTMENTS IN MUCH.
There has been nothing in tlie month to put a material check
demand for investment bonds, and the general tendency
of the market hag been towards firmer prices.
As to United States Government securities, the lessened pros-
oi»-tlie
^
'
pect that the bill introduced into Congrees, providing for the issue
of 4i per cent bonds, will
become a law in its original shape, has
giving more confidence to the recent dealings in
five-twenties.
In discussing the question of the position which
the credit of the United States ought fairly to occupy, there are
had the
effect of
—
two practical considerations which are uppermost first, that a
bond must be offered which complies with the usual requisites of
an acceptable government security in the financial centres of
Kurope, London and Frankfort. It must be a long bond having
a. definite time to
run and payable positively in gold. Hitherto
tliore has really been no bond which furnished a true gauge of
I'nited States credit abroad, as the uncertain periods of the fivetwenties and ten-forties make them an anomalous sort of govern-
ment bond, while the currency sixes are not acceptable abroad,
and the sixes of 1881 mature so soon that they can not command
anything like the price of a thirty to fifty year bond. Assuming
that the bonds offered are made in a form acceptable to capitalists,
the next question which must be most seriously considered
by foreign money lenders
likely to obtain
is
in regard to the political influences
control in this country.
The question of
the
and the impaired credit of the municipality.
The stock and bonds of corporations, together with real estate
mortgagee, must continue to form a large part of the investments
by private parties in this country, and it is desirable to throw
around them every practicable safeguard, through the means of
reasonable legislative enactments, and by careful requirements
and customs of the several stock exchanges in our leAding cities,
as well as among dealers and private bankers. The bonds based
on real estate mortgages are not a public and negotiable secarity,
and do not, therefore, come within the scope of our present discussion, excepting those, perhaps, which are guaranteed by a
mortgage company and which thus have a more definite market
value attached to them. We have frequently referred to those
of the Equitable Trust Company, thus negotiated, and It would
seem that the demand for loans on real estate security will
eventually lead to the organization of companies for the special
purpose of lending on real estate, not at the West alone, where
rates of interest are 2 per cent higher, but also in this city and
vicinity.
The expense of examining title, together with the
positive endorsement of a substantial and conservative corporation
should easily enable the borrower to pay 1 per cent for the
services rendered.
One of the principal objections now to good
real estate mortgages is that they are next to useless for sale, or
as collaterals for loans on short notice; they have no ascertained
market value, and it is only after a long and expensive examination of title that they can be disposed of.
Railroad bonds have grown in favor quite remarkably since the
beginning of the year, and it is difficult now to find good 7 per
cent first mortgages at or near par.
The idea has prevailed that
!)he weakness in railroads was pretty thoroughly tested by the
years 1874 and 1875, and this has been encouraged by the considerable improvement in earnings exhibited in the post two months.
Late experience must have suggested to bondholders the fact that
a well secured business and a large annual surplus above interest
charges have been the safest things to rely on for the payment of
banker in a less favorable light than those of the best govern- their interest. A list of prominent officers or directors (though
ments of continental Europe, it must be chiefly in consequence of important as a guarantee of effective and honest management),
his impression, whether correct or not, that political changes has not raised the money to pay interest in the day of small
here might, at some time, place a party in control which would be earnings.
It may
follow from this that since the first
less favorable to a strict fulfilment of the Government's obliga- mortgages have so largely advanced, the second and third
tion to its creditors.
the most substantial roads, earnIf this view is substantially correct, it mortgages of some of
indicates the importance of having political parties sound on the ing a large surplus for dividends, offer a better chance for present
financial question.
investment than the firsts. Some of the Pacific railroad securities
State securities will not be likely to furnish a channel for con- are still selling at prices which yield a good rate of interest on
servative investments, as there seems to be a decided opposition their cost, and, except for the unsettled questions with the Gorto an increase in State debts, and, as we have frequently pointed emment, and the possibility of hostile legislation by Congress,
right of States to
withdraw from the Union has been thoroughly
settled by the late war
and as to the matter of our ability to pay
the present outstanding debt, there is not even the opportunity
for discussion, as the total amount is too insignificant when compared with the actual resources of the country; nor is there any
probability of war here, as our interests are all against it.
On
these points our friends abroad can have little to make them
hesitate and if there is any shadow of uncertainty which would
present the bonds of the United States to the mind of an English
;
;
out, the reduction of State debts
baa been in strong coBtrast to the bonds would probably be higher.
STOCK AND BOND TABLES.
NOTE
S
.
Tbeee tkblM are expreasly Intended to be niied in connection with tlie Infonnatlon concerning InTestment matters, publlsbeu from week
week in the Cbroniolb— to which an index la furnislied in the remarks at the foot 9f the tables. Aunual reporu are iu black-taoed llgures.
A full desorlption of V. S. Qovemment Seourltiea is published regularly in the Cbsohicle each month, as soon as the official " Debt State
ment" is
Issued.
Prices of all Stocks and Bonds are quoted weekly in the Chbokiclb.
The following will irlve explanations of each column of the tables below:
Dettriplion —Railroads leased to others will often be found under the lessee's name. The foUowluK abbreviations freauently occur, viz.: M. for
"mortgage," s. f. for "sinking fund," 1. gr. for "land grant," reg. for " registered," coup, for "coupon," Br. for " Branch," guar, for "guaranteed,"
end. for "endorsed."
,
^^ .
. ^^
^ j ,
<
j • j »,
Dale of Uomls —The date of issue on the face of the bond is referred to in tlus column.
Mila of Ttoatf.—Opposite Stocks, this means the miles of road operated, on wUch the earnings are based ; opposite bonds, the milrs covered
.
" 100, *c.," si^lf)- $1 00 and lai^er.
Size or Air Value.—Theee flgure« are dollars, showing the denominations or par value. The flgures
JiaU Fer Cent.— This interest per annum l8_given_for bond^, but the per cent of last (iivuiend for Htocks y means^gQla x, extraj^», stock or scrip
When Payable.—i. &. J. stands for Jan. &. July P. it A.., Feb. & Aug.; M. & 8., March & Sept.; A. & O., AprU & Oct.; M. & N., May A Nov.; J. i,
from Feb.;
quarterly
D '' jmie 4 Dec Q —J ouarteriy from January; Q.—F., quarterly tills column Q.— M., the period from March.
shows
when the principal falls due of bond*, but the time
Bond* principal uhen due ; Stock*, last duridend.—Tbe date iu
paid on stock*.
when the last dividend was
;
;
;
.
STATE SECURITIES
confer a gre^t fltvo' by glvl^^; Imnaedlitie notice ol any erroi- dlacnywred Iu tUene Table*.
INTEREST.
Principal when
ilpal-«
Size or
Amount
Date of
DESCRIPTION.
Due.
par
When
Outstanding Rate.
Where Payable and by
Bonds.
Sab«erlber«
irtll
,
^
1872
1866
extended
1866
do
1870
Sterling bonds of 1850, extended
1866
Sterling l)onds, extended
1866
do
do
1867
do
do
1866
Bonds of 1866
1868
Bonds of 1868
1872
Mew 8 percent, loan of 1872
1873
1873
do
do
1874
New 7 per cent, loan
Educational funded debt.
1870
Direct loan to Montgomery &. Eufaula RR.
1870
Direct loan to Alaoaina cS Chattanooga RR.
1870 to '71
Railroad bond iudor»eineut»
State certificates and Auditor's warrants- ...
Arkansas —
1869 to '70
Funding lionds of 1869 and 1870
1871
Levee bonds (or warrants)
1838 to '39
Old unfunded debt, including Interest
1872
year bonds for deficiencies
Ten
1875
do (for $2,500,000) Act May 29,'74
do
atate bonds, due in 1872 and extended.
do
do
$100&c.
100 .to.
100 &c.
....
100 &c.
100 .tc.
1,000
1,000
1,000
Treasurer's certificates outstaiiiling, Oct. 1,'74
Secured siuking fund bonds (Oct.-Dec., 1874)
To Memphis & Little Rock Railroad
To Little Rock & Fort Smith Rairoad
To Little Rock, Pine Bluffs & N. (Orleans RR
To Mi88.,^uachita & Red River Railroad...
To ArkanfiB Central Railroad
1,000
1,000
1,000
1,000
1,000
of
1870 to '72
500 Ac.
1873
1873
OonnteticutWar bonds, 10-20 year
20 year
do
20 year
do
O
la
1861
1863
1864
1864
1865
10-30year
o
not taxable, 20 year..
Oolumbia1872
improvement, gold, coupon or reg,
Pennanent
1873
cun-ency
do
do
1874
(U.S. gu!vr.,Act8 Jvmc,'74<t Feb.,'75)
Fund, b'ds
1872
Market bouse boud,t, coupon
1871 to '73
water l)oud8, coupon
Potomac
1872
Washington f imding, gold
1828 to '68
Other Washington debt
Corporation of Georgetown
Florida—
1871
State bonds
1873
Consolidated gold bonds
1870
Loan to Jackson viUe, Pensacola & Mobile RR.
eeorgia^
Various.
Atlantic & Gulf Railroad bonds
1866
Bonds, act of Mar. 12, 1866 (West. * At. KB.)
1870
Bonds, act of Sept., 1870, gold (int. quarterly)
'70, gold (Int. semi-annual)
1870
Bonds, act of Oct.,
1872
Bonds, act of Jan. 18, '72
1873
Bonds for funding
RR. end'Bein't8(only $2,418,000 acknowledg'd) 1870 to '71
1870
Brunswick <t Albany Railroad direct bonds.
do
do
District of
.
Alabama.— The commiisioners, under Isw
of Dec.
to ascertain, liqnidiite and adjnst. the legal
of tlie Suite oD its bund-s propo-e substantially that 30 vear bonds bearing 2 per cent for
S years, a per cent "for next S years, 4 per cent for
next 10 years and 5 per cent for last 10 years, be
exchangeJ for old bond-', without any allowance
for past due coupons. The State has been in de1. 1874.
iitt;iilitie8
The value of all taxable
propertyis given at $l(iO,000,000; tax rate, 'ty, mi Is.
The assessed valuation of real estate in 1875 was
fault since January, 1874.
(V. 20, p. 139. 5.1^, S70, 581; V. 21,
$81,851,852.
276, 894, SiS. 684, 612; V. 22, p. 110, 157, 20o.)
p
100*0.
1,000
1.000
1,000
100 Ac.
8
8
8
7
'
.CO
.fCO
500
500 Ac.
1,000
1,000
A J
A J
J.
7
7
7
7
7
A.
7g.
l«6 g.
J.
J.
J.
A.
A.
A.
A.
6
J.
J.
J.
568,500
1,741,100
6
6
A.
A.
6
1,100,000
5,
J.
J.
F.
1,500,000
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
J
O
O
O
O
O
J,
J.
1889
1899
1900
N. Y., Union Trust Co.
do
do
1882
New York, Latham, A. A Co
N. Y., Union Trust Co.
J.
do
do
do
do
do
do
do
do
Sacramento, Treasury,
do
do
do
J
do
Hartford, Treasury.
J
do
do
do
do
do
do
do
do
J,
O,
O,
1899
1900
1900
1900
April, 1900
1883
1885
1893
July, 1881
Jan., 1883
Jan., 1884
1894
1885
Oct.,
Oct.,
J.
N. Y., First National Bank,
J
A
N. Y., Importers'
7
A J.
A J.
6
A A.
7
A J.
7g. Q.-J
?« A. A O.
i".
do
N. Y., Fourth National B'k
do
r.
8
A Tr. B'k.
do
6g.
Sg.
do
N. Y., London or Frankfort
Not
Jan.
1,
1903
1S7R, '9, '80, 'l,'*f
July, 1886
Oct.,
1890
paid.
1892
N. Y., Fourth Nation.-U B'k,
A. a"0. N. Y., Foujth Nat. Bank. April 1,1875 to '8«
7,,545,900
1,000
York.
do
July 1, 1891
do
do
July 1,1891
do
Aug. 1, 1924
do
Washington. D. C.
July 26, 1892
7
J.
J.
do
Oct. 1,1901 to'Oi
7
J.
J
1892
6 g. Various New York and Washington,
Washington, D. C.
6, 7-3 Various
do
Q.-J
6
6g.
7
3-65
152,400
476,000
900,000
do
N. Y., Union Trust Co.
6
3,600,000
2,098.000
1,880,000
do
J
7
509,400
877,000
307,500
250Ac.
A
1,318,.500
350,000
884,500
4,000,000
York.
do
do
May, 1892
May, 1886
May, 1886
June, 1890
1886
1886
1886
1886
1888
Jan., 1892
1893
1894
10
4,000,000
677,300
....
J.
j-
95,500
500,000
2,801,000
1,812,300
1,235,824
252,317
New
New
J.
J.
13,743,0.50
1,000
York.
do
do
London. Union Bank.
do
do
do
8
1,700,280
2,500,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
50 &c.
50 Ac.
New
8'
8
3,050,000
1,460,000
2,123,086
300,000
500 Ac.
100 Ac.
g.
V-
(!)
500 4c.
Soldiers' relief
State capital l>onds
Funded debt bonds
1,000
100 &c.
"i874
California—
5
5
5
A N,
A N,
A N
June 1.
J. A J.
A J.
A J
A J
A J.
A J.
A S.
A J.
M.
M.
M.
5
473,800
688,000
64,800
82,500
648,000
877,700
500,000
650,000
185,000
765,000
300,000
2,000,000
9,193,000
998,135
..f.
1869
1870
1870
1870
1870
$168,000
1,941,000
2,810,670
.
Whom.
Payable
Value.
For explanations see notes above.
Jilabama-
J.
AD.
valuation of property, 1874, over t6no,000,00n. Tix
rate. 50 cents per tioo.
A*" the debt is now practically extin;4Uishi.'d, tie
r^ovemor advises the
I'torida.-LeaB 'he sinking fund of $49,900, and J.^
Real
P. and M. Ic/in. the total debt is ^I.Tfl.rifl.
and persu;ial property ure valued ;ibout $.115.00*1,000;
tax rate, 7 mills. The loin to J. P. A M. RR. is
secnred by mortgage on road, and the question as to
the Sta e's obligation to the bondholders wa« before
the United States Supreme Court, aid decided in
December, 1875, (V. 21 p. 591). in favor of the
State; no interest has been paid on these bonds
for some years past, and a late decision of the State
Supreme Court holds them unconstitutional. (V. 21,
gradual cancellation of the bonds held in trust and
the purchase of foreign set-urities in their place.
(V. 19, p. 3 of advertisements; V. 19, p. 32.)
Conructlcut.— The debt of Connecticut was all
created for war purposes, and has been reduced
since )8ti6 from $10,00 ',000 to the present flgures by
sinking fund pu'chases. The I'-ei bonds are payable at pleasure since July, 1871, and those of Im(>4
after October, l,s74.
Assessed va ne of real and
personal property, (358,491,451; rate of taxation, 1
Arhansas.—UiAe of taxation, 5 mills. Unfunded mill.
"The State is in default
is mostly held by U. 8.
Bv the last assessment for 1872 and
for interest.
total vnluatlon of properly was $101,972,,J29.
1873 the
District of Cd'tTiMa.—The total assessed value
Interest was paid Jan. 1, 1876, on secnred sinkinir of taxable real estate in 1875 was $93,45i,884. United
fund bonds, issued under the law of December, 1874, States Attorney -General Pierrepont rendered an
A Board of Finance was opininn that the faith of the United Slates
pay expenses.
to
appointed in January, \9^\ to confer with hond- is piedi^ed for the payment of interest on the
hiilders of the Suite and 'hey Issued a notice 8.65 londs, but conflicting les^al opinions have'been
as quoted in V 21. p. 161. See Chbonicuc. V. 19. rendered as to the ri;^'iit of New y,'rk savi .i£8 b .nks
p. 167, 189, 637; V. wO, p. 139, 16i; V. 21, p. 463, to invest in these, as goverument (seeurities.
The
S90.
intereiit due Fehi nary, IK'S, was not ,iaid till March,
as no appropriation was made by Cnnsn'ess. The
Calif&mia. California finances appear to be in a total amount of 3-65 bonds issued to February were
See also V. 19, p. 15, 61,
particularly sound condition. The State holds In as above. (V. ao, p. 88.
trust for School and University funds the (500,000 142, 189, 477; V. 20, p. »89, 446; V. 21, p. 63, 417,
f
''
'
'
'
>
>
^apitol bonds and $2,063,000 of bonds 1873, Total 468; V, 82, p, 181,)
Dec, 1890
Not paid.
p. 466;
V.
22, p. 158, 233.)
—
Oeoraia. This is one of the Slouthem States that
has paid the interest on its acknowledi^ed debt, but
the Sta e Legislature declared void all the semiannual gold bonds of 1870 ($1,880,000), and $102,000
of the ou-irterly bonds held by H. Clews A Co.;
the Brunswick
Albany bonds, (1.500,000; and all
railroad endorsements, except, $l,95fl.i,0'> Macon &
Brunswick; $194,010 Ala, A Chati.: $-J40,nD No. &
So. Ga.; and $3i,(i00 Memphis Branch.
Assessed
value of property In 1874, (273,000,n0i>; in I8T5, $281,Macon A Brunswick
755,884; rate of tax, four mills.
Railroad endorsement was declared valid by Leirislature of 187 but the later issue of $Bne,(ioo was
declared void by the Legislatu e In 1875. Governor's
Message, V. 22, p. 87. (V. 20, p. 83. See also V.
debt
lifc
'
'.
—
19, p. Til, 350, 3T&;
,
V.
20, p. 241, Sa6, 570.)
March
25,
1876
STATE SE0UBITIE8.
]
Subacrfbera will eoiiftr a creat
Avar br clrlns Iminedlate aotlM
Date
DESCRIPTION.
For explauatlon see
iioteii
Size or
on first page of
1847
Interest bonds. Inscribed stock
Itutiana
—
Bonds,
Scliool
Kunittui
100 &o.
,
A
A
A
M A
J. A
J.
J.
J.
7A
6
101,t75
889,000
346,000
6
7
7
J.
J.
6
6
J.
1861 to '69 100*0.
1861 to '69 100 Ao.
1864 to '65
Himds, 1801 to '09, funding, Ac
for various State purposes
Military loan
Honds
—
l.miisiana
BondB for relief of State Treasury
Bonds tn aid of various railroads
l,eviM> biuKlR— Act 3.'> of 1805
do
Act 11.5of 1867
Hpeciat— .Vet '.Vl of 1870
do
Bonds
do
do
do
do
do
do
do
do
do
Issued to Stn te Penitentiary
to fund tlciatiUKdelit of State
to MiNHisHippi & Mexican Uulf Canal
to Northern Louisiana & Texas RR. Co.
80 hool i seminary, held by St. Treas.
to N. Orleans, Mobile it Chattan'jta RK.
to New Orleans & Chattanooga
to New Orleans* Texas
RR
RR
,
Consolidated funding bonds
Maine—
bonds
War loan bonds
Bounty loan bonds
do
do
Civil loan
500
217,000
1,000
1,000
1,000
1,016,000
1,000.000
1,206,000
500
100 Ac.
1,'228,000
o?
Municipal war debt assumed
1806
1807
1870
1806
1870
1809
1870
1869
1809
1857
1870
1871
1809
1874
7
6
1,000
1,000
1,000
1.90!>,000
200,000
357,700
184,000
274,000
2,500,000
750,000
7,249,743
1,(XX)
1,000
1,000
1,000
1,000
1,000
500 Ac.
500 Ac.
1851 to '61
1803
1803
1804
1808
1,000
500 Ae.
100 Ac.
71,000
385,000
307,000
2,330,000
2,827,000
1838
1838
1838
Railroads .and canals
Eastern Shi^re Railroad
Baltimore 4& Snstiuehaiina Railroad...
Various.
,
& Ohio
Baltiiuore
<k
1839
1837
Canal
1839
1839
1868
1871
1872
1873
1874
Snsriueliauna Railroad...
Annapolis cS Elkridge Railroad
Defense Bininty I.A>an
Deaf and Dumb A.sylnin Loan
Maryland Hospital Loan, 10-15 years.
,
Maryland State Loan
Normal Sch(M)l Ijoan
Ma.t.tach.v8elfs
2,073,333
2,598,111
—
100 Ac.
1857
1,000
Back Bay Lands Loan
1861 to '62
500
Union Fund Loan
1801
1,000
do
do
do
1862
1,000
Coast Defense Loan
1863
1,000
Bounty Fund Loan
1863
1,000
Bounty Fund Loan
1804
500 Ac.
do
do sterling
i 100 Ac
1804
War Loan, sterling.
£'200
1869
Troy & Oreentleld Railroad loan, sterling.
1858 to '01 «300 Ac
do
do
liorae
1801 tn '63 500 Ac.
do
do
sterling
1868
£100
do
do
sterling
1871
200 Ao.
£.'500
do
do
sterling
1875
do
dollar bonds 1873 to '74
do
1,000
do
do
do
1875
1,000
Southern Vermont Railroad Loan
1860
5,000
Norwich & Worcester Railroad Loan
1857
1,000
Boston, Hartford <fe Erie Railroad, sterling.
1868 to '69
£200
Harbor Land Improvement (.")-208)
1874
1,000
Danvers Lunatic Hospital
1874
1,000
Lunatir Hospital. Worcester
1875
1,000
New State Prison
1875
1,000
Reformatory Prison for Women
1875
1,000
Lunatic Hospital (Western Massaetausetts) .
.
/Wnofo.— The d bt hss been rapidly reduced of
lato years, am;, without the addition of new loans,
soon be extinguished.
The Illinois Central
Railroad charter tax on eamia^s contributes over
$400,0uO per ye.'ir to the State revenue. The assess-
rate
of
Interest
745,000
150,615
31,069
269,000
528,785
298,435
62,615
3,333,583
225,000
330,000
443,471
100,000
50,000
220,000
1,424,000
600,000
888,000
200,000
4,37!t,.'J00
4,000.744
999,944
8
7-30
8
"s
8
8
7
6
6
of all prop<;riy ia 187.'j was $1
<l),529,856.
Mnnir^ipalities in Illinois are in some localities
heavily Incumbered ^vith debt issued to railroads.
(V. l!l, p. 15, 38, 526.)
Jiwilanrt.— There are also tl3!>,010 of war bonds.
There is s ijueatlon as to the State's obligation to
pay thi! Wabash & Erie Canal debt. A rrference
to the origin of that liebt, ari«in? from the State's
comprominc with the bondholders in 1846, will be
found in the Chronicle, V. 19. p. 49!; see also p.
696.
\ suit on the qtiewfion was brought and decree
ot sale obtained (V. J', p. S5; V. 52, p. 104). Taxable valuation, IST.'J— real c«t»ie, $621,416,97.1; i>ersonal, JS.3!,667,147; railroads, gis.4.i6,9i9; corpora,
tions, t.t.i)4.'i,.'y>3; tax ra'e, lif mills.
law permitting towuK to i»<ne bonds was passed In 18. 5, the
nialn section beins as follows:
A
"Sbction I.— Be U enrwl' ' h" the G^mral AiuemNij nf ihf Stale nf Inrtla'^a, That any corporated
town' in this State whi(;h ph. ill liave heretofore, by
the action of its Board of Tnlst es. commenced the
erection of any public bflildinflrs. to be used as a
market house, engine hitnse or other public purposes, n'ul shall not have the necessary means with
whirh to rom])le'e such buildin.:. on the passage of
an ordinancir nuthorizing the s me by the Board of
Trustees of said inion)oratcd town, issue the honds
of such town to an amount not excecdini; in the
denominations of not less th.in
*.'>iln. and
payable at any place
he designated in the bimds; the pilricipal
In not less than one year nor mo e than ten vears
after the date of snch bond", and the interest,
annually or si'miannuaily, as mav be therein proTided, to provide the means with which to complete
inch
biiildin/s;
pr vide
that
sn-h
hond<
ihall not
Im sold ai
prtce hs" than ninetyfooi cents on the dollar, nor bear a g'eater
sirgrev-aie JIO. 'O, in
t.'.il
that
ni>r
more than
may
'
ii
J.
5
5
5
5
5
3
6
A Co.
do
do •
do
do
N. Y., Wlnslow, L. A Co.
do
do
Augusta and Boston.
Boston, Suffolk Bank,
de
do
do
do
Augusta and Boston.
A D,
A. A.O.
ft-
Kg-
6
6
6
6
6
6
A J.
A J.
A J.
Quart'T
A. A O.
Qua,rt'
lart'T
A J.
Quart'y
A. A O.
J. A J.
J. A J.
J. A J.
London, Baring Bros,
do
do
do
do
J.
J.
J.
1883 to '84
1876 to '99
1884 to -99
do
do
N. O., Louisiana Nat. Bank.
AN.
Baltimore, State Agent,
do
do
do
do
do
do
d»
do
do
do
do
do
do
do
do
do
1880
1880
1880
1876^8
A 8.
A J. N. C, Louisiana Nat. Bank.
A J.
do
do
M. A S. N. Y., Wlnslow, L. A Co.
M. A N
do
do
M. A S. N. O., Iy>uislana Nat. Bank.
A. A O. N. Y., Wlnslow, L. A Co.
Various N. O., Citizens' Bank of La.
N. Y., Wlnslow, L. A Co.
J. A J
A. A O.
H. Y., Wlnslow, L. A Co.
J. A J,
July, 1893
1872 to 1906
1886
May 1, 1907
March 1, 1875
1886 A '88
Jan. 1, 1890
March 1, 1900
May. 1910
1899
1909
1897
July 1, 1910
April, 1911
Jan.,
1914
1877-'78
March, 1883
Aug. 15, 1880
June, 1889
Oct., 1898
1890
1890
1866
1880 A 1800
1890
1890
1885
1890
1890
1875 A '93
1885 A '89
April, 1882 to "ST
6
6
5
6
5
5
5
5
5
2,952,400
5
5,.')98,912
b
1,500,000
5
5
5
5
6
5
5
b
6
g.
Kg.
Kg.
g.
K.
g.
Kg.
Kg.
g.
g.
g.
Kg.
K.
fr-
g.
Kg-
centum
J.
AD.
A J.
A J.
A J.
A J.
M.
M.
J.
A.
A.
A.
J.
J.
J.
J.
A.
J.
J.
J.
J.
J.
do
do
do
do
do
do
do
do
do
do
do
do
London, Baring Bros.
do
do
do
do
AN.
AN.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
per
annum."
J.
O.
O.
O.
Boston, Treasury.
London, Baring Bros.
do
do
do
do
J.
J.
J.
J.
Boston, Treasury.
do
do
do
do
do
do
London, Baring Bros.
O.
J.
J.
Boston, Treasury.
Boston, Treasury.
J.
J.
J.
1875
In
was
Hay, 1880
July, 1876
July, 1877 to '78
July, 1883
July, 1883
May, 1894
May, 1894
July, 1889
Oct., 1888 to '90
April, 1890 t« '94
April, 1882
July, 1891
Jan.
1,
1895
July, 1891 to '94
July, 1895
April, 1890
July, 1877
1.
Jan. A July, 1900
July, 1894
July, 1894
do
do
$150,507,073: personal.
t40,34»,647;
of
Orleans had |;9«.468,«69 of real and
The grO'B revenue In
$26,118,833 of personal.
The
1875 was $3,186,15.3 and expenses t.3,ia'',;07.
to New Orleans A Chattanooga
$2,500,000 bonds
Railroad have been declared void. (V. », p. 78, M,
476, 581, 546; V. 21, p. 15, 63, 110, 159, 281, 489, 535,
61.;; V. 22, p 6i.)
which
A sitnilar law was nassed for counties, which, referring to contracts tnat have been made for public
t^uildings, Ac. says that in counties where "such
contracts have been so made, the board of commissioners of such counties are authorized to issue
bonds to an amount not exceeding one-half of one
per centum on the as.sessed valuation of the pro erty of such county, in addition to any loan for said
purpose for which bonds may have been heretofore
issued, negotiated and s 'Id. (V. 2i, p. Sl)9.)
Jime, 1877
Boston, Treasury,
M. AN.
J.
J.
J.
J.
will
ment
do
do
J.
6
5
per
N. Y.. DonneU, L.
J.
J.
1S78
yarlooa
Jan.,
Jan.,
Jan.,
New York.
Various
H. A 8.
F. A A.
6
."i.M.lSO
eight
A
A
A
Jan.,
do
do
do
do
J.
J.
8
9r.r.,.500
than
B.
J.
.
Prlnelpal wbea
due.
Am. Ezohange Bank.
do
do
do
do
Various
Various
M.
H.
6
5
5
700.000
1,300,000
200,000
400,000
3,599,024
400,000
900,000
750,000
1,000.000
300,000
N. T.,
Various
Various
Maryland—
Balllmore & Ohio Railroad sterling..
Che«if paake & Ohio Canal sterling
Su8<inchanua ii. Tide Wat«r Canal
J.
J.
J.
July.
6
lO.'i.OOO
8
8
238,700
80,000
1853
funding conpons
to Boeuf * ( .rocodilc Navigation Co.
Chesapeake
INTEREST.
When
Where parable and by
whom.
Payable
910,000
5,000
fund bonds (nou-negutlable)
—
TaM—
any error dlacoTare* In the—
3,904,788
1873
loan
short,
86,000
1X2,300
i.boo
1,000
1,000
T
Bate.
6
6
«
A
6
$921,060
286,000
23,000
$
Refunded utock bonds
Nonniil University bonds
Thornton loan bonds
War bonds
outstanding.
Value.
tables.
lUiiwi»—
Amount
par
of
Bonds.
ot
New
Jfoirw.— The sinking funds, Jsnoarr, 1876, reduce the total debt to a net amount of $5,872,688,
Valuation of toul taiables in 1875, $2.')6.000.00e;
tax rate, 5 mills. Governor's message in V. 88, p.
62.
iTan^o^.— Kansas has but a small State debt, but
the issues of municipal bonds have been large. An
extract from the State Auditoi's report is given in
The valuation of real aud perV. 30. p. 14.
sonal property in 1875 was H21.514.aM; tax rate, 6
mills for State purposes and an avera'je of 3.78 per
$1110 for al Ipurposes.
State funds hold f 769,85U of
the bonds
(V! *i, p. 14.)
LO'Hfia'
rt.
December
— A" constitutional
amendment, passed
the total debt to
thai bonds anthorlzid
previous to the amendment miirht be issned.
The
laniiary S4, 1874, scaled
fund'nw bir
assed
jjcr cent of the face valne.
the debt down to
For
$J5,(K)0,l)iin,
IMTO,
15.
but
it
limite.l
was d-cided
Jfaryfon<i.— The assessed valuation of property in
was $468,0.34.812 on which the rate of taxation
20S-lii cents per $100; Income from dividends
railroad, canal and other stocks owned by the
on
State was $1.39, 46f. The State has largely assisted
canals and railroads, and holds $6,06S.f09 of stocks
and bonds of solvent companies. leading only
$5,304,lii7 of dot without any offset; the State
also holds $22,5.M.188 in nnprodnctive securities.
On two investments only, the Comptroller says that
1874
was
theStat has met no
and the Columbia
A
the Baltimore
Port Deposit railroads.
loss, viz..
AOhio
i
1
conpoiis lacking on bonds funded, similar coupone are cut from the new bon:ls Issued: interest on
consol bonds is paid In New York, bat no interest paid on bonds unfunded; the total consols
issued to -Ian. I. l'*71. wer« as above, and the old
bonds outst inding are given as of that date according to the statement of the Auditor. The Governor's message, .l^nuary. 1876. gave bonded debt as
18.47 .4+3; bonded and floating debt, Jlu oeLMi.
The gross debt reported .lannary t. 1875, by the
Audlttir was— honds. i|;2I.K«.:ao: warrants, »l,4a3.
!»5'.
Nothing was said of the contingent debt,
which was |i5.4S«.fJ02 in January. 1874. The same tax,
of
mills. Id 1875 as ia I'^rt (in 1873 the rate was
31^ mUa.) The total assessed valu* of real sstat*
U^
22
JfoMOcAKWtto.— Governor's message on flnances.V.
AW Interest on the funded debt of
p 62.
The credit of
is paid in coin.
the State stands nich In London and at home.
During 1874 the debt was increased $987,400,
The sinking funds in
and in IPTT., $4.5OO.ii0O.
.Tanuary. 1876, were $11,725,809. TheHoosac tunnel
$14..'i0O.n0O.
Real estate
has cost the State over
^ersmal, In1875. tl,31i,a31,3J6;
assessed
tax rate, 106
cluding bank shares. #.'>6<i.81.Me2;
mills: deposits in savinirs hanks. $237.848,9«8; corporation property labove real estate and machinery),
$84,213,63-2.
The loan to Boston Hartford A Ens
Railroad was sscured by deposit of $8,600,0(10
"Berdell" mortgaL-e bond*. (V- **>. V- 386, Ml; V.
Massachusetts
m
81, p.
*n; V.
28, p.
«.)
STATE SECURITIES.
Tl
[March 25, 1876.
gabacrlbera ivUl confer a creat favor br clvlne Immediate notice of any error dlecovered In thene Table*.
rSTEREST.
Principal— Who
Size or
Amount
Date ot
DESCRIPTIOK.
Due.
Where Payable and by
par
When
Bonds.
outstanding.
Bale.
Value.
For explanatlona see notes on first page of tables.
Whom.
Payable
il
Miehigan—
Renewal Loan Bonds
Two Million Loan
War Bountv Bonds
100,000
100,000
50,000
250,000
2,275,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
439,000
2,727,000
401,000
104,000
2,745,000
392,000
504,000
2,161,000
3,735,000
1,455,000
1,900,000
5,455,000
2,715,000
285,000
1,000
1,000
160,000
800,000
1861
1864
1872
1873
1,000
1.000
418,000
600,000
2,206,100
500,000
6
6
J.
100 Ac.
100 &c.
6
6
J.
J.
1861
1863
1864
100 &c.
100 &c.
100 &c.
900,000
900,900
593,400
6
6
J.
J.
J.
1,000
—
1,000
1,000
1,000
1,000
1,000
1871
1872
do
do
coupon
do
Railroad Bonds (not reoognize4)
do
do
do
$104,000
822,000
358,000
46,000
1874
....
—
$1,000
1,000
1,000
1,000
1867
1868
1869
1873
1858
Salute Mario Canal bonds
Mintiesota
Btate BulldlnK Ix>an
MissoHri
1,057,000
14,855,000
561,500
800,000
1,537,887
7
7
1865 to -ae
State bonds
1868
Consolidated bonds
1872
University and Limatie Asylum bonds
1874
State Bank stock retuudlii^
1854 to '58
Bonds to North Missouri Railroad
18,^7 to '59
Bonds to Cairo & Fulton Railroad
1859 to '60
Bonds to Platte Cauuty Railroad
1854 to '59
Bonds to Iron Mouutaiu Railroad
18,o3to'59
Pacltlc Railroad of Missouri
1857 to '66
Southwestern Brunch Paciflc RaUi-oad
Fiuidlng bonds
1874
Rciiewal bonds, coup., l5-20s, (act Moh. 29, '75)
1875
1853 to '57
HanuibalA St. Joseph Railroad
—
renewal
do
do
Nevada—
State bonds
Territorial
bonds
.,,....
New Hampshire —
War loan, coupon bonds
I
/
,,:.,,^!;
Nea Tm'k—
Bounty loan bonds, coupon
do
do
registered stock
Canal d«bt.
f
I
—Astor
,j..
1827 to '32
1848
1848
1875
stock
detldency loan
do
do
Under
.5
1872
1873
1873
1874
Art. 7, See. 3. of Constitutlon and Art. 7, See. 12.
=
473,000
880,000
1,562,900
847,500
4,302,600
2,000,000
66,443
tea
Comptroller's bonds (by Rev. Stat's)
North OaroUna
—
Railroad and improvement bonds, old
do
do
do
BR. and improv't bonds, new (not
do
do
rdo
;
funding bonds, sine* war
500 &c.
500 &e..
i,o6o
1,000
do
100 &c.
100 &0.
do
Registered certitlcatcs of literary fund
Peaiitentiary bonds, act Aug. 24, 1868
Special tax bonds
Ohw-
Registercd loan, payable after 1875
do
do
June, 1881
do
do
do
do
June, 1886
Oregon—
Boimty bonds
Willamette Canal and Lock
Inclined plane loan
Coupon loan, April 2, ($28,000 are reg.)
.
1849
18.52
do
May 4
do
do
J.
J.
J.
J.
J.
7
7
7
7
6
6
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
6
6
6
6
6
6
6
6
6
6
6
6
9I2&IO
9%
(registered)..
(coupon)
Mc/tigan.—The debt has been largely diminished
few years. Assessed valuation of real
and personal property, 1871-72, $1)30,000.000, and tax
In the last
rate 3*^ mills. Surplus revenue is applied to purchase of bonds. (V. 20, p. 139.)
—
Minnesota. All the State bonds are now held by
the permanent school fund. Minnesota is usnally
classed amoncj the States wiiicll have avoided their
obligations, In consequence of her refusal to recognize the "State Railroad bonds" of 1858 to the
amount of $2,a75,000. There seems to be a growing
feeling in the t^tate that those bonds should be
•ifknowledged- See Governor's Message, V. 22, p.
M. Property valuation, 1875, $218,855,743, of which
$4.'i,i«2.4a7 was personal; tax, 21-10 mills.
(V. 19
p. 49.S.)
5g.
6g.
6g.
6g.
eg.
^«6
87.(X)0
l,t)00
2,812,000
1.000
1,000
455,.500
50 &c.
50 Ac.
50 &e.
and personal property
$619,097,903
;
Stafe tax,
273,000
88,350
7,521,550
7,369,000
3X
as returned to C'onnty Courts; but at only
$19,891,141, «s returned to the State Anditor in
The State had $1 '138,000 bonds maturing
1875.
In ISrs, and $8,907,000 in 18TS.
To provide for
these, a law of 1875 authorizes the sale of new bonds.
1872
1873
1871
1875
pursuant to a resolution of the Legislature, although
of these bonds are payable by their terms in
" gold or silver." Some difflcnity has arisen about
the last six months' interest due oA bonds maturin"
(V. 30, p. 83, IBI, 290, 313, 3:38, 383. 477; V. 21, p.
277; V. •«, p. 88.)
Nerada.—The debt
of
Nevada
is
hardly more than
nominal.
New ITaMpeMre,— The
debt of
New Hampshire
was.ereated for war purposes, and is being rapidly
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to he used in reducing
their several war debts, which the State thus as-
sumed.
New Jermi/.—Thc debt was created for war purposes. Of the first two classes of bonds the principal Is payable, $100,000 per year. Valuation of real
434,280,278
1,599,9:10,166
452.607,782
1,644,379,410
147,248,035
1,692,52.3,071
437,102,315
1,7.50,698,918
418,608,955
2,367,780,102
•
1875 to '88
1877 to '89
1889 to '90
1875 to '89
1875 to '87
1876
July, 1894
1895
1875 to '87
do
1 881 and '82
March, 1887
O.
1884
to '8
Jan.. '92 to 190
1879 to '80
Jan., 1877 to]
Jan., 1886 to'
Jan., '97 to 1'
i
April, 1877
AprU, 1877
New
do
do
do
York.
do
N. Y., American Exch. B'k.
do
do
Farm.
do
do
do
do
do
do
do
do
&
1893
Dec., 1877
July, 188'
Jan. 1, 18(
July 1,18!
Oct. 1. 18(
On demaui
to
to
to
to
'91
'91
'91
'91
Jan., 187
JiUy, 188
Jan., 188
1884
1880
State Treasiuy.
Phila.,
will.
Oct.,
Jan., 1901
Oct., 189
Indefluit<
Oct.. 189
1898 to '9
Ealeigb, Treasury.
do
do
will.
At
1868
1868
1868
1868
York.
do
do
New
At
July, 1878
April, 187811
Mech. B'k.
July, 1882
do
July, 1882
do
Aug., 1877
do
Aug., 1877
do
Aug., 1878
do
Feb., 1872,
do
Feb., 1877 tol
do
do
Feb., 1877 toi
idends thereon. Other interest in default. A fa
ing bill passed the Legislature March. 1875.
Chrosicle. V. 30, p. 3.36.) In New York bo:
are classified thus: "Old," being those issued pi
to May 1, 1S61, coupons on from Jan. "69; "N. C.
R." issue of $2,800,000 to that road, coups, on si
Jan, & April, '69; fame " conp. off" have ha
coups, paid; "funding act '66 can'v coups. Ji
" funding act "
'69;
68 carry couimns A]
'69. " New "
anthorized before war, except $1,5
000 in 1868; "Special tax, 1st," carry coup, .\p
'69; " ad " coup. of Oct, '69
"3d" coup, April, II
(V. 18, p. 166, 629; V.20,p. f4, 161, 283; V. 21, p. 5
OAfo.— Ohio has a very small State debt,
—
;
large local debts, amounting in 1875 to $25,967.
Valuations in 1874 were Real estate in cities, i
$.366,031, T31; other, $69H,883,.323; personalty, $5
660,M18,
Tax rate in 1876, 3 2-10 mills for State,
an average of 25 9-10 mills for local puriioses.
the 1875 loan above $868,2.30 was paid Jan. 1, 11
and the balance April 1. Report on State and h
debts, V, 22, p. 64.
Oregon.— The debt is provided for by sinl
Taxable propi
funds, payable from land sales.
in 1875 was assessed at $41,197,149; )<,' mill
was laid for Relief bonds and 1 mill for Bou
:
9'i
6 95-100
7)i
6
It appears that the assessed value of real estate by
local assessors is $1,750,698,918, while the full value,
as estimated by the State assessors, is $4,168,3.30,757.
The Comptroller
bonds,
Pennftilrani!%.—ToU\
says the actual value should be
adopted as the basis of taxation. The debt decrpji.sed
iu 1873-4 $3,649,570. The actual value of real estate
in 1874 was estimated to be $4,168,3.30,7.57, and total
amount raised by tax. State and local, was $57,811,381. The local debts of cities in New York State are
$13",539,6''9 ; of counties, $46,68>,264. and towns,
$26,140,181. (V. 19, p. 350; V. 20, p. 26, 60, 615; V.
2i, p. 63.)
North Cat^inn. North Carolina
is
heavily
burdened with debt, im proportion to her tiixable property. A lengthy extract from the Treasurer's report was given in V. 20, p. 84.
Total
nroperty was assessed in 1872 at |128,.507,628, a
low valuation. Interest Is paid on bonds issued
to North Carolina Railroad ($2,800,000). as the
State holds $3,000,200 stock and receives div-
I
July, 1875 to"?
Sept.,
do
do
Albany.
N. Y., Manhattan Bank.
Albany.
N. Y., Manhattan Bank,
do
do
do
do
do
do
do
do
do
do
Albany.
State tax.
2if
7 41-156
5 79-120
'
1883
1888
July, 1892
N. Y. Manhattan Bank.
& J.
A. & O.
& J.
& O.
6
& J.
6
& O.
6
& J,
6
& o,
6
& o
J. & J
6
6
J. & J
6
J. & J.
J. & J.
7
J. & J.
7
ng. A. &
5 g. J. &
4l2g. J. &
5 g. F. &
P. &
F. &
F. &
F. &
F. &
$.307,319,15?
some
J
m
$1,097,564,524
1,582,720,907
Commeree.
do
do
do
do
do
do
do
do
do
do
Trenton and Jersey City,
do
do
do
do
J,
J.
1871
1859
1870
The Hannibal & St. Joseph Railroad provides for its
own debt. Bonds falling due are paid in currency,
8.
J.
J.
J.
Personal.
of
do
J.
niills.
and personal property
in 1875 was $,549,.'W3,471. upon which the tax is 4^
mills.
Railroad property was assessed at $54,849-
Bank
do
do
do
do
do
do
do
do
do
do
do
do
is also $68,000 contingent debt
Long Island Railroad, and $7,361 per annum for
Indian annuities. The debt of New York State has
been created chiefly for canals and for war purpost's.
The latC'Sl canals are a failure; but the Erie Canal,
though expensive (jiartly through political fraud in
its management), has been a great success as an internal improvement. An abstract. of the Governor's
Message was given in V. 22, p. 6'J, showing a net
reduciion of $2,744,505 in the debt for year ending
Sept. 30, 1875. The following were valuations and
tax rate for State purposes
the year 1859, and
1871
N. Y.,
J
do
N, Y., B'k N. America,
to
from 1870 to
do
do
do
do
de
do
1878 & '83
May, 1890
1877
1878
1879
1883 to 191
17"l
Dec., 1887'
Paul, Treasury,
St.
&
&
&
&
&
&
&
&
&
in 1675 $B12,7S1,094, against
Real Estate.
312,
& J.
& J.
& J.
& J.
& D.
&
&
New York.—There
Year.
Jfi*^o;/ri.— Valuation of real
<& J.
July, 1878
July, 1879
Concord or Boston,
do
do
do
do
do
do
5&6g.
6
6
6
6
do
do
do
do
do
do
N.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
A.
g.
Am. Exchange Bank
Btate Treasury,
J.
J.
J.
J.
J.
J.
J.
J.
5&6g.
N. Y.,
J.
J.
Various
M. & B.
M.
6
400,000
395,000
1,000
1,000
1852
1852
1852
1853
1867
1867
1807
Registered loan, May 4
Coupon loan of April 19 ($35,000 are reg.)...
Stook.loftu of Feb. 2 (registered)
do
do
J.
26,500
200,000
1870
Fenii»i/Iva n iu—
do
do
6
7
606,884
4,072,640
2,400,000
1,000
1,000
«
do
J.
J.
7
4,738,800
3,639,400
2,383,000
1,695,000
2,417,400
1,711,400
383.045
44,000
11,407,000
100 &c,
100 Ac.
100 &c
old
special tax)
i
6
6
'A
'....'
...'....'.
do
do
Municipal war loan
bonds
State
Netx Jeraey—
War loan bonds, tax free
do
do
do
taxable
do
do
General fund debt
do
do
do
do
&
&
M. &
1858
1863
1865
1859
debt Nov,
30,
$23,233,
available assets. $9,466,572; net debt, $13,766.
The financial system is remarkable in Pcnnsylva
in the fact that no tax is laid for State purpose
Revenue is raised from numei
real estate.
sources, principally from corporations. Taxes
personal property, which was assesse
levied on
$159,382,242, and the tax was $674,817 in 1875. S
—
»
expenses have lately exceeded revenue, and sinl
funds have been diverted to meet the deftcie
The State holds |1.751,:521 in stocks and $10,551
of railroad bonds. Interest is paid in gold on al
State debt issued prior to 1867. Any coupon be
may be changed to registered. The bonds du.
1877 are payable at any time tiU 1882; those of
tm
1892.
(Y. 21, p. 187; V. 22, p, 64.)
it
ImmedlaW b»U««
Snbscribers will confer a Brest laTor by ttrlnm
Date of
Size or
par
outstanding.
value.
Forexplauatlons see notcsoii first pageoftablcs.
reiuuulmnia—fOonlinufd)--
1807
1867
1867
1872
(rcKlstBrea)
(registered)
<lo
do
AftrlMiltiiral College land scrip
Rhnile Islaiut—
Wttr bond
do
do
do
S«ulh
VaroHna—
bonds
KiindinK bonds and stock
Bine Rtdgc Rallroiul bond»
Kundlntt bills riwivablo
Payment
of Inteifst
Funding bank
bills
Conversion bonds and stock
Land commission bonds
Fire loan bonds, sterling
stock, domi'stli^.
Bonds— Relict State Treasury.
do
Consolidated bonds, coup. (Funding act)
stock (Funding act)
do
Railroad endorsements
Tenn«jw«—
,
^
, ,„_„
act of 187d
Bunds registere<l, act of 1873
Fundable imnds and coup, not yet presented.
1874
New funding bonds,
Bonds,
registcriihle,
Various.
Various.
Various.
;••
not presented
1,000
1,000
1,000
1,000
SO&c,
50 &c.
Held by E.T. University (not to bo funded)
Texas—
Funding State debt
;;---i; •;•„-•.
Funding State warrants, act May 2, 1 874.
IKTI5BE8T.
1,000
1,000
Various
Payable
5
6
5
F.
F.
V.
A
&
1,019,000
205,000
6
«
6
U
M.
& 8.
A O.
A J.
A A.
608,(X)0
746,000
J.
F.
((80,000
tig.
6,222,000
16,289,000
1,0.56,000
g.
«g.
og.
6g.
6g.
eg.
5g.
og.
177,000
201,000
370,500
618,300
22,000
481,944
218,423
10,000
6,687,444
149,254
4,707,608
,V.
A.
J.
J.
J.
6
6
1866 &
1874
1870
1871
1872
1874
1874
1,000
1,000
1,000
1,000
1,000
697,000
279,000
500,000
1,000,000
100
1,070,357
1862
1862
500,&c.
500,&e.
1851 to '61 SOOAcJ
1851 to '61 Varl's 5
JSlOO&c
1851
500}
1866 to '67
1866 to '67 Vari's 5
registered
do
£100
1867
sterling conpon
do
100,&o.
1871
Consolidated (Act 1871) coupon, receivable
100,&c.
1871
reg., eonv. do
€lo
do
100,ifec
1872
(Act 1872) coup., not receivable
do
100,&c.
1872
do
reg.,
do
do
Various
1871
W. Va.
Deferred certificates
Various
1871
Interest on sterling debt, funded
1871 to '74
Certificates for ono.tlilrd Interest
.
Tirginta—
Old bonds, coupon
registered
do
sterling
do
Fiinde<l bonds, couiwn
(
Rhode /sJo/Ki.—The debt was
all
crested for war
is beiiiR uteadlly diminished
1873
real and personal property
purposes and
valiiation of
)
m
1
Due
poll-tax
•1
1)9,000
J.
J.
do
J.
J.
J.
was
J.
A
A
A
A
A
A
A
A
A
J.
J.
J.
J.
J.
J.
J.
KSTIMATED RECEIPTS.
TmnetMt. — On the first July, 1874, the payment of interest was resumed, and the interest
due January 1, 1875, was paid by help of a
^'/SH
»«4,076
property, $51,000,000.
The
rate of
1875 to '78
1875 to '90
1880 to '95
At pleasure
1886
10 to 34 years
10 to 34 years
190.T
do
do
do
do
do
1905
1905
Contingent
London, Baring B.
A Or^
1905
m
"Old"
cents on the $100. Tennessee bonds sold
are those Issued before 1862, and having coupons
ot July, ls69; Old "ex coupon," have only the
conpon of July, 1875; " New," bfsued since ISOi carrying coupon of July, 1869, " ex coupon" July, 1875,
onlj; "New Scries,'' the new funding bonds. (V.
18, p. 143, 217. 350. 497: V. 19. p. 167; V. 20, p. 14, 84,
V. 21, p. 87, 318, 614.)
161, 282, 491
;
State
Comptroller,
February,
in
funded debt $4.249.7.57; fl»ating
and bonds of douhtful validity
hands of State Treasurer, $.'(12,210.
remaining in
1876, rciiorted total
debt,
The
$.")4.3,1,37.
valuation
of taxable
property
in 1875
was
Tax
rate,
$350.8'i3,769, against $»»:.84t.880 in 1874.
50. (V..19, p. 15, 117, 14i;
2,42:3,406
Subsequently laws were passed to tax railroads,
which it was claimed would give an increase of
loan of $300,000, but dcfaalt again made July, revenue over 1874.
The law passed in March,
1875. The Governor's letter in December. 1875,
legally
1878, provided for funding all outstanding,
on the finances, discourased the cxpectntion of issued bonds, doe between July 1, 1674, and
further payments soon, and suggested funding. July 1, 18S4, as well as all past due coupons,
(Sec V. i\, p. 614.) The State Treasurer, February and coupons maturing on or before Jan. 1. 1874, in
96, 1875, gave the following estimutes for the then
a 10-40 year 6 per cent bond. The total debt given
current year:
above is substantially, according to the last report
of the Comptroller, January, 1H75. The Comptroller
KSTIXATED EXrBNBIS.
estimated acht of solvent railroads at $3,!JSR,8*i;
$1,4.10,(554 due from purchasers of railroads then sold, 8''i3.000;
on bonds
Total interest per annum
661,<08 value of Knoxville A Charleston road. $100,000. The
State government expenses
State's endorsements for r:iilr<)»ds are $1,802,000, of
which $1, 600,000 is taken care of liy the roads. Total
Total expenses
**'S*'™ valuation of real estate, $38'.»,000,000, and raUroad
Due fiscal agent Jan. 1,1875
Odtatmdfaig warrants
do
do
do
do
do
do
Various.
1877 and 1891
Jan., 1884
1910
Sept. 1, 1876
1892
March 1, 1904
1894
York.
TVsKM.— The
$280,585
Duflcit
York,
York.
Richmond, Treasury.
$S7,100
sources in 1874
New
New
Total requirement for current expenses
$2,658,594
aHa floating debt
all
1914
to
1875 1 1900
1900
1875 to 1900
D. Boston, N. B. Mut. Ked'n.
MontpcUcr, Treasury.
D.
1,865,000
•700,000
1,712,000
1,030,784
15,239,370
212,608
1,828,724
JuWl
Fourth Nat. Bank,
do
do
New
fund
Total receipts
Y.,
J.
Richmond. Treasury.
Ijoudon, Baring B. A Co.
1,3.55,515
July 1, 1868
July 1,1868
1888
July J, 1893
July 1, 1893
J N. Y., Fourth Nat. Bank,
J.
J.
80 Carolina.— The Giovcrnor's message on finances
$1,:)60,000
The funding law approved Dec. SUte tax of 40 cents
old debt by Privilege tax
331 ,000
as. 1818, provided for scaling down the
108,000
§iving new bonds to the extent of 50 per cent, and Clerks of courts, Ac
couvcrsion bonds to the amount
eclared void the
$1,789,000
Total current receipts
of t5 965,niX). Tiie .lauuary and July interest was
204,000
paid on consolidated bonds, but a loss to the State Deduct 15 p. ct. commlss'ns, Ac.
of about $200,000 cish by failure of a trust comsuspension of pojments afterwards.
pany caused a
$1,585,000
Net receipts
Total valuation of all proiwriy— in 1875, real estate,
838,406
»88,m.l!18: personal, $46,791.00e; raw of taxation To be received from taxes
in 1874, IS, mills. (V. «0, p. 81, Ul, 291, 358, M7;
21, p. 489, 1)14.)
do
do
J N.
in V. «1, p. 535.
V.
do
I/Ondon.
Columbia.
Columbia A FIs. Agon. N.Y.
New York or Columbia.
A
A
tie
^11,798,580, and tax rate 30 cents on $100.
New
Coliraibla, Treasury.
6
466,250
18,881,500
At plcamire.
J8T7to'86
1871 to '80
York. July 1,1887 to '97
July 1,1875 to '70
July 1, 1888
O. Columbia and New York.
July 1, 1888
do
do
O.
July 1, 1889
do
do
J.
July 1, 1882
do
J.
do
•7,262,652
. .
Frontier defense, gold, act Augiist ry.lSJO .
Revenue deficiency bonds, act May 19, 1 871
act Dec. 2, 1871..
<Vo
,lo
Bonds, act Mar., 1874 (for paying float'gdebt)
Veteran Pension bonds, acf Aug.,'70&Apl.,'74
Yennoiit —
War loan bonds, eouiwn
registered
do
March, 1882
April, 1«93
July, 1893
Aug., 1894
de
do
Various N. Y., Bank of
do
J. A J
10
do
7g. M. A S
do
M. A S
10
do
7 g. J. A J
do
7 g. J. A J
do
J. A J
10
144,000
168,000
.
200,000
'71
* T. Co.
do
do
do
fl
5
396,000
I. II.
J.
J.
6
1,074,000
Miwh. BTi. Feb., 1877-1882
Feb., 1882-1S92
tlo
Feb., 1882 1892
do
do
do
do
do
Columbia and
J.' A
J. A
J. A
6
Providence, K.
J.
J.
J.
J.
3.
7
5<!t 6
5, 514,
A
A
A
A
A
A
A
A
A
J.
J.
J.
J.
6
4
do
do
Uarrisburg Trcasory.
Columbia, State Trcasnry.
Q.^I.
3 g.
. 6g.
6
A
sipal—
Principal— when
due.
Whore pavable and by
whom.
A. Phila., Farm.
do
A.
Ii.
A.
23,684
520,340
240,000
401,700
i,'()6o
. .
When
Rate.
$90,400
9,251,850
723,990
500,000
Various
1794
1836 to '61 Various
1.000
1853 to -54
SO.&c
1866
1,000
1854
1,000
1868
1,000
1868
500,&c.
1868
500,&c.
1869
1869 to '70 500,<]cc
1838
1838
1869
Various
1873
Various
1873
State stock
State House stock
do
$.10 &c.
1862
1863
1863
1864
2, (roristored
do
,lo
any arror <l»coT«red In th«»g TabI—.
«I
Amount
bonds.
DESCRIPTION.
Btock loan ot Feb.
u
STATE SECURITIES.
A'arch 25, 1876.]
Uution
ia
40
V.
20, p. 84;
V.
23, p.
881.)
Vermont.—T^iifi Slate has a very small debt—«11
created for war purpose-s. Of the registered bonds
The
$1.33,500 are held for Agricultural College.
sinking fund, Aug. 1., 1874, was $37,932.
T'Srsrinta.— The Funding act of 1871 provided
tha' coupons of the funded bonds should be receivable for State taic:. For J-3 of the old bonds a
new bond was issued, and for the other >,' a deferred
given (as the proportion due by West
The act of 18:2 amcndeil that of 1871 by
not allowing cou|ion8 to be received for taxes. All
the amounts maikcd (*) may be funded under the
amended act of 1872. The sinking fund holds $2. 146,certiflcato
Virgiiiiai.
of State bonds and certificates Interest due Jan.,
1874, was paid in part (2 per cent) in Jnly, 1874. All
interest overdue and unpaid to Sept. 30, 1875, (on
the basis of 4 per cent.i was $1,199,864. Assessed
value of property is $.129, 424,153: tax rate, 5 mills.
Auditors report. V. 21. p. 604. (V. 1", p. 395 508,
336, 375, 547; V. 21, p.
sae, 582; V. 90, p. 14,
98-'
.
m,
»a7,ao4.)
.
.
.
CITY SECURITIES.
TUl
Snbacrtbers
ivlll
confer a great fliTor bj slvlns Immediate notice of anjr error <U«eovere<i tu tbese Tables.
DESCRIPTION.
Size or
Albany, y. T.—
Albany & Northcim Railroad loan.
outstanding.
1854
1864
1866
1870
men
Coiijfress Hall
Blook
Water loan
Consolidated I>ouiity loan
Exempt boimty hiau
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore & Ohio RR.
One million loan to Pittsburgh & dnoln'ti RR
New City HaU
do
do
do
do
Con solldated loan
Court house loan
Funding loan
dp
Western Maryland Railroad
Boston
—
<fe
Piscatiuiuis Balli'oad
.
.
£100 Ae
Albany. —TYiae are sinking funds for mnnicipal
fer water stock. The loan to Albany &
is secured by 1 ut mort. The aesessed valuation of property in
by State authorities was:
Real estate, $4S,'6I,3()3; personal, t(v')08,l(i;; total,
149,669,30).
EBtini..ted true value of real estate,
'
WA
$108,764,770.
.4t*5rf/»<o.— Bonds created chiefly for
ments and other municipal purposes.
Boi/wnore.— The
city improve-
flflcal
year of
Baltimore ends
m
A
188,000
213,000
90,000
552,000
27,000
302,000
283,000
249,000
298,000
326,000
190,000
230,000
589,000
278,000
427,000
4,000,000
8,016,000
1,217,000
Various.
500 Ac.
1,000
Various.
Various.
1,000
1,000
£100 Ac
1,000
1,000
cent The loans to European A North American
Railroad and to Bangor & Piscataquis Railroad are
secured by first mortgages on those roada.
Boettm.—Tbe popnlation of Boston
298,497, against
property in
was
in 1870
$568,799,500,
and personal,
$284,898,400;
upon
Feb. 1, 1894
Jan. 1,1902
April 9, 1900
Oct. 31, 1886
do
do
March
7, 1902
1885
At will.
July 1,1900
March
do
1892
8,
6
Balto., North. Central ER.
Jan 1,1877
Balto., N. Mechanics' Bank. Jan. 1, '90 A 1900
6
Baltimore, Franklin Bank.
Jan.
6
6
Boston, Merchants' N. B'k.
Boston or Bangor.
Boston, Merch'ts' Nat. B'k.
1875 to '94
Jan. 1, 1894
July 1, 1905
Jan. 1, 1894
April 1, 1899
6
do
do
6
7
do
do
4>3g.
London, Baring Brothers.
%'
Boston.
5 g.
5, 5I3, 6
51a, 7
5,6,7
5 A 6
6,612,7
6, 61a, 7
6
%'
do
London, Baring Brothers.
do
Boston.
do
do
do
do
do
do
do
do
London, Baring Brothers.
Boston.
6
do
6
do
do
do
do
do
6
6
6
5g.
6
Brooklyn,
7
do
do
do
do
do
do
do
do
do
do
do
6
7
7
6
7
7
7
7
6
7
I
sm
do
do
do
do
do
7
i
ee o
•eg
do
7
7
7
7
1876-7.
$13,802,305
$11,331,387
2,861,425
2,93'i,900
$9,437,'80
383.136
.
$8,391,487
851,745
$8,643,232
Placing the tax to be paid to the State at the same
as last year, the estimated tix warrants exhibit the
following result:
IWi.
1876
City and Connty
$9,721,016 00
$8.643,2.?2 00
SUte
808,130 00
808.120 00
$10.533,:36 00
During the
do
Baltimore.Register's Office,
6
6
1875-6.
tion,
Jiiir
Baltimore, Register's Ofliee.
Balto., N. Mechuiiies' Bank,
was
1860.
Valuation of real
including the recent annexations,
1, 1895
1, 1890
1, 1K86
1, 1.S84
Jan.
Jan.
Jan.
1,
1895
July, 1878
1874 to '87
1875 to '95
April, 1893
July, 1899
1874 to -85
1.S75 to'82
1876 to '93
1875 to '94
1875 to '83
1875 to '92
Oct., 1878
1876 to -99
April, 1901
Oct., 1902
1880 to '99
1901 to 1905
Jan., 1901
Jan. A April, 1905
1902 to 1904
1901 to 1904
Oct., 1905
1879 to '81
1891
1887
1885 to '94
1880 to '81
1881
1876 to '90
1876 to '90
1876 to '90
1877 to '86
1876 to '95
1876 to '95
1876 to '90
1877
1879
1901 to '24
1915 to '24
1915 to '24
Increase. Mayor Cobb's message, January. 1876,
gives a net decrease of debt in 1875, amoohting to
$3'15,579.
(V. 28, o. 61.)
BrooUyn— The statement of debt
Mayor's message dated January 1,
made the whole city debt as follows:
is
from the
which
1816,
Permanent loans
$26,063,000
3,462,736
Sinking funds
!876.
Appropriations.
177,sin in
1875,
1890
pleasure.
Sept. 1, 1893
Sept. 1, 1893
Sept. 1, 1890
6
6
6
6
$9,781,016
Jlf«.— The valuation of real and personal
property is $10,5in,(i9l; rate of taxation, 8.90 per
A Plan. Bank.
Bank.
Bank,
A
1,
At
6
5
5
:
Bangor,
do
do
do
do
April 15, 1900
This estimate is based on an
assumption of meetina the actual wants of the
municipality and avoiding the borrowing of money
for other than the water works, and extensive and
costly improvements; the tax per each $1,000 *ill
he reduced from $13 70 last year to $13 45 per $1,0C0
this year. The following is a comparison of the appropriations asked for and income to be received,
compared with the estimates for 1^5-6-
Per centage.
1876 to '89
July
do
do
do
Balto., N. Mechanics' Bank.
Balto., Farm. A Plan. Bank.
I
Income
Augusta.
do
do
de
6
against a total of $15 60 per $1,(X)0 in 1874. The
total debt, both funded and unfunded. atthecU.seof
the last fiscal year, April :10, 187.5, was $43,512,6:1, and
thesinking unds, bonds, mort{.'a'_'es, Ac., $111218,402.
The sinking fund provisions are sufficient to meet
the debt as it matures. In March, 1876, Mr. Turner,
city auditor, gave his estimates for the revenue lequired for the coming financial year 1876-77, com1,
1895-'97
July 1, 1876
Balto., N. Mechanics'
I'laii.
Balto., Farm.
6
t<>'94
Feb., 1876 to '81
Boston.
do
do
do
do
Balto., Farm.
which the rate of taxation is tlS 70 per $1,000—$18 66
of this for city and $1 04 for State purposes
mencing May
with Oct. 81. The city credit has been loaned extensively to railroads,
exchange for their seciu-ities, which it hold" to a larijc nominal amount. The
sinking fund for Bait. & Ohio Itiilroad $5,noo,noo
loan is $1,746,973; West Maryland R-iilioad sinking
fund, $ll9,Ii;5; and the total of the several other
sinking funds, $6, i57,St)l. The Bait.
Ohio RR.
pays interest on $.5,000,00(1 Ipan Water loan is paid
by income of water works, and Public Park by City
Pas8en(;er Railway, and out of a total debt of
$.)2,943,425 only $)6,1.'>4,:9! is dependent on the tax
levy.
The assessed value of property in 1875 is
$831,848,613; tax rate, 1875, $1 80 on the $100 for city
purposes, and .20V for State. Popnlation in 1870
was 267,354, against 812,418 in 1860.
6A
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
jeiOOAc
1,000
Busiiwick avenue
do
do
do
1865
South Seventh street do
do
do
1866
Union street
do
do
do
1867
Fourth avenue
do
do
do
1862
do
do
do
do
1867
Wallabout Bay
do
do
1867
Bedford avenue
do
do
local.
1867
Kent avenue basin do
do
1869
New York Bridge loan, registered and coupon
1870
Prospect Park loan, registered and coupon
1860 to '73
do
do
1860 to '72
bonds and
1,000.000
814,000
1,000
1,000
1,000
£100Ac
Brooklyiir—
Debt of WilUamsbiu'gh, local improvement.. 1859 to '61
BrookljTi local improvement loan
1861
Mount Prospect Square loan
1857
Soldiers' aid fund loan
1865
National Guard and Voliuateer Firemen's loan
1864
Third Street improvement loan, local
1867
Gowanus canal improvement loan, loc^
1866
Sueqneh.
220,000
100,000
350,000
March, 1876
Balto., Farm. A Plan. Bank.
Balto., N. Mechanics' Bank,
6
583,205
4,446,300
17,617,925
4,997,603
3,585,389
487,750
132,500
1,247,805
1,280,000
405,640
495,000
394,000
2,376,000
688,000
1,949,711
700,000
465,000
375,000
210,000
600,000
366,000
1,000,000
1,000
1,000
do
do
do
do
do
.
Variotis
6
6
6
6
6
6
6
6
Principal—When
Due.
New York.
May, 1879
do
June, 1880 to '84
Boston, Merchants' Bank. Feb., 1885 to '94
New York.
March, '95 te 1900
do
Nov., 1910, 11,'12
N.
D.
A A.
M. A 8.
M. A N.
M. A S.
M. A N.
F. & A.
F. A A.
M. AN.
J. A J.
7,306,546
6,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
500,000
891,646
137,414
800,000
2,000,000
1,000,000
473,900
1,015,300
200,000
500,000
1,375,000
117,000
&c.
Ac.
&c.
&c.
&e.
&c.
&c.
&c.
&c.
&c.
&o.
&c.
&c.
&c.
&c.
Ac.
A
A
F.
1,751,000
1853 to '65 100 Ac.
1874
1,000
1875
500 Ac.
1869
1,000
1869
1,000
1853
1852 to '64
1864 to '75
1873
Consolidated street improvem't, sterling loan.
1869
Roxbury debt, assumed
1860 to '64
Dorchester debt, assumed
1861 to '69
Charlestown del)t, assumed
1857 to '73
Mystic water debt, assumed
1862 to '73
Brighton debt, assumed
1866 to '73
West Roxbury debt, assumed
Water loan, new main, Brookllne Reservoir.
1858
do
Chestnut Hill reservoir
1865 to '71
do
renewal of loan due '70-71, all reg.
1871
do
'72-73
do
1872
Water works, Roxbury, coupon
1868 to '70
do
Roxbury & Dorchester
1871 to '75
do
Dorchester, all registered
1871
do
W. Roxbury & Brighton, all reg
1875
Additional supply water
1872 to '73
Various purjwses, for water works
1871 to '74
Water loan bonds, gold, coupon or reg
1875
J.
1,000,000
103,000
100 Ac.
Renewal city debt, sterling
For city purposes, war debt. &c
do
do
do
Burnt district, sterling loan
M.
$246,000
46,000
151,000
348,000
529,000
242,000
118,000
500,000
400,000
.
Cify debt proper
Municipal loan
Water loan bonds, coup. (Act Feb. 22, 1875)
European <Si North American RfUiroad
Bangor
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
1870
1874
1872
1872
1873
1872
Jones' Palls
Valley Railroad
Patterson Park extension
Endorsemeuts for York & Cimiberland RR.
do
do
Western Maryland RR
do
do
Union Railroad
Bangor, Mt.—
1854
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864
When
Rate.
Value.
$1,000
1,000
1,000
Oil}' impnivt'iiient
1,000
WuHliin^ou Park
1870,1,2.4 1,000
City im proveiueut
1871
1,000
New Post OIHce site
1874
1,000
Wat<ir stock.
1851 &'52 1,000
Additional supply.
1874
1,000
~ " loaned
Bonds
1865
ItoAlIbany A Snsqnehanna RR.
, 1,000
do
Albany & W. Stockbrldge RR.
1841
Augiwta, Ga.—
Bonds for various purposea
Varlovis.
250 Ac.
Baltimore—
Consolidated loan of 1890
Various.
100 &c.
Purolmse
INTEREST.
Where Parable and by
Payable
Whom.
Amount
par
Date of
Bonds.
For explanatiooB see notes on first page of tables
Relief of drafttKl
[Afarch 25, 1876.
last forty years,
Balance
Loans chargeable on specified property
Tax
certificates
Total
—The
.-
.
$23,6(10,263
0,a5S,(fl0
2,37!i,000
$:a,081,263
.Mayor, in his message. January, 1876, stated
that the Hebt chargeable on taxation decreased
in 1875 #5,2-:f, against an increase of $512,08'> in
1874, $2,426,516 in 1S7.3, $1,591,411 in 187?, and
$3,590,581 in 1871. Population in 1S70, :J96,200. against
866,1)61 in 1860.
Valuation of propi rty in King's
County in 1874, by the State Board of Eqnalization,
$179,085,370 for real estate, and personal, $18,975,980;
they estimated the true value of real estate
to be $426,393,740.
The Board of Supervisors
value the total taxable property of Brooklyn
in m;5 at $255,1"S,7.',5. or about H.5 per cent of true
value. The debt of Kings County, separate from
the debt of Brooklyn, is $ ^9:36,0 lO. of whieh the
city is responsible for about $3,7:19,200. Average
tax rate in 1875, $;i 41 per $100, against fcj 68 in
1874, and $8 46 in 1873,
(V. 19, p. 1-12. 6 12; V. 20. ».
580.)
"
$9,415,852 00
with a single excepshown an annual
the taxable valuation has
d
!
:
March
CITY SECUEITIES.
25, 1876.]
IX
eonftr a Brest niTor br glrlag ImmedUite noUo* of anr error dlaeoTei^d la theee
INTEREST.
Date of
Size or
DESCRIPTION.
Amount
Su baorlber*
nrlll
par
bouds.
For explanations see notes on flrst page of tables.
Brooklifn—( Continued)—
DeflcicBcy bonds
Feniuineut water loan
1872
$1,000
1857 t4> '72 1,000
1872 to '7o 1,000
do
«lo
S<!wei-nf;e bonds, continuous, local
Arist-sriinent fund bonds, continuous local
(Vntrat uiid Kiilckcrbockur avenue bouds
lioulirvurd bonds
^
Tciiipiiiary tax certifloates
Biiffulo,
,V.
J.
7
4,135,500
«lH,0OO
l.')3,000
7
7
7
842,000
2,379,000
bonds,
v:irif>UM
1853 to '75
jiurposes
A Janu'stown Kiiitroad
Kwllalo Now York & PliUailclpUla
Railroad.
7
Water works bonds
Park liondH (Act
Cfitirlftitnn,
C—
,S'.
May
1876
17, 1875)
stock
City lionds, coupon
1853 to '54
Fire loan bonds, couiwn
18«6
Coiivi'i'slon bonds, to redeem past due debt...
6
6
7
due.
Brooklyn,
do
do
do
do
do
do
do
188Itol90S
3 years from date.
3 years from dat*.
a
c«
1880
1876
1875
1876-7
g
S,in
7
7
4,119,093
51,500
297,700
..
A N
6i J.
& J.
A J.
A J.
A J.
A J.
A J.
7
7
2.209,250
1,000,000
750,000
2,779,382
100,000
Uiitt':ilo
VMy
M.
6
1,1<I6,500
i',6oo
7
Principal— when
Where parable and by
wnom.
payable
$310,000
r.—
hSiiidfil ih'bt
When
Rate.
9,416,000
1 ,399,000
1,000
1,000
1,000
1870
1872
1873
1872 to '73
do
do
lirooklyn
Huiitli
outstanding.
value.
T*Uea
7
7
6
281,,50O
2,5,"iO,000
6
—
1875 to -BS
1883 to '84
1890
do
A
J
J.
J.
J.
J.
J.
J.
J.
J.
7
195,000
3,123.000
2,000,000
610,600
3,'JH 1,500
Cbarleston.
Various
6
7
2,(i21,0O0
S.
J.
6
7
H7,(K)0
A
Q.-J.
A
A
A
A
A
A
A
A
J N. v.,
New York atjr.
7
916,000
3,660,000
M.
Vfiii-itf/o
Watt-
1*
loan
500,<fec
do
Sewerage bonds
do
1,000
1,000
500
Ri vcr iiupro veuient bonds
Mimici|>al boiuls
Miuiiiinal and Scbnol bonds
South Park loan (secured ou South. Div.)
West Clikago Park (secured ou West. l>lv.)... 1870 to '72
t'otik County debt
1S63 to '72
jOincinHuti—
To build Eggleston 'avenue sewer
B2
1868
Ixians to Ratlrofvds
F, A, Ci. U, I,!(c
1842 to '54
Itoiiils to O.ife M. RR. to nurcliasc wlif. prop.N
1855
Roiids for erection of a Workhouse
18«8
Jiouils for Water Works
CH&Ca
1868
1.000
1,000
500 Ac.
I'.OOO
500
&0.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
M
iloiuls for Coinnion 8chooI purposes
P2
iHolnis for Coniuton .Scluxti piir|>os<'s
Riuiils to O.
M. RR. to purchase whf. prop. .N
Uomls forcvt. anil iiupr. Water W..C, D.
Hoiiits forfuudiug tloutiugdebt
A2
Boll) Is for new lluspital
S
Bonds
for new Ho.spital
Hoiuls for fuiiiliiig tfoating debt
L
Exti'tisiou and improve. Water Works. ..K
Houds to purchase Orp'n Asy 1. grds. for park.O
Hoiuis for sewerage
R
Roods for iniproviug tJilbert avenue
U
Hoiiils to build Eggleston avenue sewer
B3
Bonds for iniprovenient bonds
Bonds for Water Work purposes
C4
&F
W
WH
General improveiueut
Cinciunati Southern
RR
do
Floating debt, bonds, coupon
Water- works bouds
—
ClePifland
Watci- works
debt
Lake View Park
Plllliiccl
'aiiai
Viaduct
«cliiiol
House of Correction
Main sewers
rect iiuprovemeuts
Street openings, Ae
Oulumhua, Oa.
Subscriptions to various railroad stocks
Bonds for funding and otiicr purposes
J.—
luprovemen t bonds
."
i.......
The funded debt, .January 1, isrii, was
and lloatinf,' debt, J;«lii.0'J3. In 1875 real
was assessed at 8:i:i,'j43.7:i.i. and personal at
1855
1855
1859
1872
100,000
136,000
1.50,000
tiOO.OOO
'J00,000
10,tMK),000
.500,000
250,000
e&7
1,822,000
;i 15,000
(bitiMi;
Buffalo also pays 7-10
$718,390) of Erie county debt.
reduce the total debt to
of property in 1873 was
per cent. Sinking funds
t4,l)7J,()(W.
Chicago.— The total funded debt at the close
of the year 1875 was $1.1,457,0(1(1.
Certiticales
of i:idebtcd[ies8, $4.(>ll,0i)(i.
Assessed value of
real property, '74, *«8,54H,3I0; personal, *45,1.'J.5,S30
—total, «30C),705,140. Tax rate, 18 mills. The Illinois
State valuation is $S-J4,118,8-iO, and the c|iy debt is
limited to a p. c. of that. The comptrollbr say.*:
"Owing to the wise provision in the Constitution of
the State our funded debt cannot be increased above
the present amount for some years to come. Of our
»l:),47H,oiilj of funded debt t4,58I.(XXI is on
account of
the Water Works, which last year yielded an income
of |,3<I,14-1 21, and from the rapid extension of the
mama and increase of population, will yield mnch
more largely in future. Practically, therefore, the
amount of our funded debt is $8,8a7,00l), bciu" the
remainder after deducting the water debt. From
other sources the foliowins; is compiled:
^— .\s8e8sed Value.
,
Tax
Year
Keal Estate. Per. Estate. Rate.
,0,^
$:)!, 587,515
$5,5.5>,.«KJ $15 00
•SS
35.UV»i
7,47i»,57i
20 00
87,148.0M
11,581,759
20 00
}|5i
44,0tM,499
20,841,878
20 00
JS™
6«,4«5,116
1!»,447,»11
SO 00
140,857,010
51,3W,li04
13 00
JSl
»'*''
174,505,410
53,939,469
14 00
™;
N. Y.,
J.
A
June,
Am. Eicliange Bank,
Am. Eioh.
Nat. B'k.
J.
do
do
do
do
do
do
do
do
do
New York.
New York and Columbus.
Various N. Y., Metropolitan N. Bk.
Various
do
do
Various
Y., Metropolitan N. Bk.
2,969,000
763,000
90,000
80,000
1,500,000
Various N. Y., Farmers' L. A T. Co.
Various
do
do
Various
do
do
Various
do
do
A.
Assessed Value.
Real Estate. Per. Estate.
•
5».«.ja,»40
2-»,(>4:!,«0()
!B6,898,fioO
239.1.54,890
62,312,950
52,811,820
45,042,5*)
862,9<i9,^0
258,549,310
45,155,830
49,1M,17.'>
,
A
A
Tax
Rate15 00
15 00
10 00
15 00
18 00
18 00
1
888
A 1889
July, 1888
Jan., 1890
Nov., 1890
Aoril 1, 1895
do
do
do
do
do
do
do
do
do
do
do
do
do
Various
Various
F.
Dec, 1878
1878 to '84
Nov., 1885
March, 1897
June, 1897
Nov., 1897
Jan., 1900
do
June A Oct., 1900
Cincinnati.
March, 1908
N. Y., Am. Exch. Nat. Bk.
Sept., 1899
do
do
Sept., 1899
do
do
Oct., 1899
do
do
March 1, 1886
do
do
Aug. 15, 1886
do
do
Dec. 1, 1S91
do
do
July 1, 1902
do
do
1902
do
do
May 15, 1904
Various
Various
Various
243,800.
1877 to '82
Julyl, '82 to "95
July 1, 1880
1880 to >95
1890 to '05
July 1876 A "95
1881 to '99
1874 to '79
1890
1873 to '89
1888
do
do
do
do
do
7
211,3.1,240
do
A.
do
do
O.
do
1878 to '93
1875 to '94
1887 to '92
1894
1893 to '94
1875 to '88
1878 to '84
1875 to '88
1875 to '84
1875 to '80
1876 to '95
1875 to '89
1875 to '89
1875 to 1905
1879 to '91
1892 to '94
1875
1880
1881
1875
1885
to '85
to '95
to '93
to '86
to '98
The debt of Cincinnati, exclusiveof the new loan for
the Cincinnati Southern RR., was small, beins less
The city will be the sole owner of
the stock of this railroad, and thus not *' old in
building railroads," Ac. (V. 18, p. 4M, 526; V. 20. p.
14; V. 21, p. 511; V. '22, p. 209.)
than $5,500,000.
Clevehnd.—The
total valuation of property for
$73,210,144 and tax rate 18 if 10 mill«, of
mills are levied for interest on the debt.
X
The sewer, street impruvemeiit and street opening
bonds are for special local improvements, and redeemed by assessments on the property benefitted.
Population in 1870 was 3)6,805, and in October, 1874,
395,246, against 109,21)0 in l.siio.
Cook Co. debt is all
7 per cent, and interest is all pavable in J. & J., or in
M. & N. The So. Park, W. Cliieago Park, and Lincoln Park loans are not debts of the city, but of
taxation
distinct corporations.
Columbus, Oa.— The total debt is $582,500, and
the annual interest required about $10,000. Bouds
are all coupon, and were issued in small amounts
as wanted
25,000 fall due each year. City holds
some stocks and other property. Valuation of real
(V. 21, p. 207.)
Cincinnati.— In addition to the issues above
named, there remain several small amounts, as
follows: $35,003 (T.) 6s, dne .Inly, 1878; $108,000 .5s
November, 1885; »5«,C0O (YY2, A O.) (is, 1886-88;
$17,000 6s (Q.), November, 1890; $27,000 68, (A.),
March, !.e97.
B/ the census of 18T0 population
was 2t(f,(»00, against 161,011 in 1880. Tax rate for
1875, $38 8-2 per $1,000, against $2:1 38 in 1874.
Under the laws of Ohio reufestate has been valued for
purposes of taxation once
in ten years.
The following table from the books of the Auditor of Hamilton
County, Ohio, exhibits the assessed valuation of the
cityof Cinciunati in tUeyearlStiOand from';0to'74:
Rate tax
—
HK
Various
J.
Various N. Y.,
329,000
1,000
1,000
1,000
1,000
1,000
1H71
total assessed value
$J7,!)78,9«1 ; rate of tax. a
J.
do
do
do
do
do
do
do
125,400
1,201,000
684,000
272,500
IS?*
1873
1874
The
A D,
A J.
jr A J.
M. A N.
A. A O,
M. A N.
J. AD.
M. A N.
J. & J.
Various
M. A S.
M. A S,
M. A S.
A. A O.
M. A S.
P. A A.
J. A D.
J. A J.
J. A J.
M. A N.
Am. Exchange Bank,
do
do
do
do
do
du
do
7
200,000
600,000
1,268,600
Year
(V.2i, p. 233.)
N. Y.,
7
OA 7
7
6A 7
•12il,000
1869
1S70
bonds of Charleston are
mostly held within the State of South Carolina.
t'/uirlenlon, S. 6'.— The
AD
Various
M. A N.
7
6&
1.50,000
•JCS.OOO
i(i//?'«to.—
$ti,uai,37()— total, $;w,9(iB,105.
7
7
7 3-10
7
7
1,.525,000
to '59
to '75
to '71
to '74
1869 to '74
1870 to '75
1872 to '73
1865 to '66
1875
8tl,71;l.:9fl,
eatiite
6
7 3-10
7 3-10
7 3-10
7 3-10
7
1.50,000
1.50,000
683,400
purposes
Bouds for Water Work Co., ou city's credit.
Public Building stock (City Hall) bonds
Piitilic sewer bouds
I'unded debt bonils
School House bonds
.Maikit House bonds
Consolidation bouds
6
6
100,000
1856 to '72 1,000
1866 to '71 100 &c.
Dftvoit, Mich.-liouds for various City
If.
6
7 3-10
7 3-10
2.50,0O0
tiO,000
175,(X)0
—
I
Various N. Y., Metropoilta* Bank.
.1.
6
7 3-10
7 3 10
7 3-10
6
6
500,000
.St
Elhulteth,
&7
6
111.5,000
1,000
J.
J.
du
do
do
do
do
do
du
.3-10
397,.500
116,.500
1854 to '73
1854 to '74
1872 to '74
1874
1873 to '74
1864 to '71
1868
1860 to '74
Nat. Bank,
6
300,000
100,000
99,000
1,(KX)
Am. Ex.
do
do
do
du
do
do
do
J
7
2.50,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
18,53
1853
1858
1869
1869
1869
1871
1871
1871
1872
1874
1874
1875
7
7
7
150,000
1,075,000
210,000
1868
P 1860 to '61
1855
&E 1847 to '50 500 &c.
1847 to '48 500 Ac.
1867
1,000
82
1868
1,000
&
do
&0,
J
Real
Total
per
estate.
Year.
Personal
estate.
Ttluatlun.
$»3,03«,716
$1.0110.
186,107.236
180,861,932
175,084,298
185,645,740
31 80
22 20
SO 10
18B0.. $01,620,904
1870.
78,738,482
1871.. 123.427,888
1872.. 119,821,856
1873.. 121,479,2iO
.
1874
1875
$31,411,81«
57,370,754
.56,934,044
S.5,461,410
64,166,480
181,1>50,0I4
$17 45
2:106
23 38
28 82
which
is
4
;
estate, 1875, $3,923,575.
Deti'oU, AficA.— The
population In 1370 was 79,601
by State census, 101,06:1. The value of
waterworks is $l,!i89,888, against a debt of $1,100,000.
The water works bonds are issued on a pledge
of tlie city credit, and $75,u00 per year cSlected in taxes to pay interest on them.
Asin 1874,
sessed valuation, 1875, real estate, $20,2SS,87S;
personal, $7,448,75S-toul, $27,774,680; true value
estimated at
$92,582,100.
Tax
rate,
$3 92
per
$100.
KtizaMh, N.
belh August 1,
y—Total debt
$2
Papulation in 1875, 35,000.
of the city of EUca1875, was stated at $5,400,000, as follows: Uencral debt, <950,IX)0; assessment debt,
$4,450,000.
The sinking fund has to its credit
$9(Xt.0OO.
Valuution of real and personal property,
$32,000,000; assessed valuaUon, $16,000,000.
Tax
rate is $2 66 within the lamp and water dlJitrict, and
18 outside.
8
.
CITY SEOUBITIES.
Kreat favor by kIvIiic Immediate notice of anr error dlaeoTered la these Tables.
Suba«rlber« will oo'nnir
Date of
Amount
Bonds.
DESCRIPTION.
outstanding.
For oxplanatious see notes on tirat page of tables
QalcfJi'ont Texas
noiicls for harbor Improvcmeut
City piirk bunds (pureliasc of block
lioiKlB for various purposes
1869 to '74
1873
1860 to '74
321)
—
Iniiianapoli»
Boiifls to railroads
bonds, series
I^ian bouds, scries
IiOiin
do
I^oan bonds
1869 to '70
1873
1874
1874
1875
1874
1873
A
B
C
do
Furcliase-mouey bonds—Southern Park
School bonds— By Board of School Comm'rs.
Jersey City—
Water loan bonds, mostly coupon
Forty-year bonds
luiproveiuent bonds
do
street dock
City bonds, coupon
Funded debt bonds
Uudsou Ci ty bouds
Bergen school loan bouds
sewerage bonds
do
Improvement and ivater bonds
do
do bounty loau
Orcenvlllo street improvement bonds
Improvement ccrlitlcates (5 year law)
do
Morgan
Various.
1872
Various.
1869
18G9
1869
Various.
Various.
500
1,000
&
1852
1854
1857 to '67
1873
1866 to '67
1873
1871 to '73
1853 to '70
1868
1871
1868 & '73
RR
Water works
do
For Improvement
900,000
622,000
1,806,000
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000
249.000
8,000
500 Ac.
of streets
Ite-coustructing street
Public buildiuKS aud institutions
Public school and school bouses
Sewer bonds
do
Elizabeth A P. Railroad
Wharf property
•54,'62,3,
bouds
For old liabilities
do
do
Louisville, New Albany & St. L,. Air Line RR
Change of gauge, Louisv., Cln. & Lex. RB.
do
do
Roadbed
City bonds payable by railroads
Memphis, Tenn.—
School and paving bonds
Jail
.
Post bonds
1867 to '68
1807,
Funding
loan, gold
MlsHissippl River Railroa<l bonds
Kndorsement Memphis &. Little Rook
ilUwaulcee
1869
1870 to '74
1871
1871
1871 to '73
1851 to '63
'8, '9
1870
RR
500 Ac
1,000
registered
do
Scrip to settle old railroad loans
C (payable annually
1891)
V (iiayable annually
188G)
Bonds to Mobile iSt Gre.at Northern Railroad..
Bonds to Mobile & Al. Grand Trunk RB
City debt A, B,
City debt D, E,
till
till
Wharf bonds
City funded debt
To Mobile & Northwestern Railroad
New funding
—
bouds
Sewer and improvement bunds
Aqueduct Board bonds
(local Hens).
Consolidated debt ) $050,000 applied yearly
do
do
do
do
R»ll road debt
do
>
)
to interest
pal.
and
princi-
do
Galveslon, Texas.—Tha total city debt is |87.3,00O,
of which all arc 10 per ct. currency cxcopt $106,S0O.
—
Indianapolis. The assessment of taxable proi>erty In 1874 was J67,801,546; taxes for that year,
$510,026, or a levy of $1 35 per $100. Total debt
JuncSO, ISIS, WU8 jl,455,ono. The Scliool Board is
a distinct organization from the city, created by a
st^arate act of the Lc2ii*lature; levies its own tax,
which is collected by the City Treasurer. The city
warrants arc disconnted when sold. The floating
debt of this character, .Jan. 1, 1875, was $iOO,000,
payable during this year.
6
7
J.
A
N. Y.,
201,000
600,000
650,000
234,000
81,000
425,000
1,993,000
352,000
136,000
90,000
614,000
500,000
107,000
350,000
1,508,000
838,500
2,426,000
341,000
80,000
300,000
7
1
;
1883
1,
1883
do
New York and Louisville.
of America,
do
New York,
J.
M.
J.
J.
J.
A S
A A
A
A
A
J.
J.
J.
N.
do
do
do
July 1, 1903
1891, '92 A 1903
1883 to '89
July, 1898
June, 1901
1888 A 1903
1878 to 1898
Oct. 1, 1898
1889
1873 to 1902
1873 to 1900
Nov., 1900
F.
7
7
a" J.
A
A
A
A
Charleston,
1880, '94
Sept.,
do
do
do
1881 to '93
July, 1872
S. C.
D. Milw. and N. Y.,'A. Goettel,
J.
J.
J.
A 1901
1891
do
do
do
June
Jan.
Jan.
Jan.
1,
1,
1,
1,
Feb.1,'75,
1891
1901
1902
1902
'6, '7, '8
& J. Mobile, Bank of Mobile.
A J.
do
do
A J.
do
do
A J. N. Y., Merchants' N. Bank.
M. AN.
Mobile, City Treasury.
J. A J.
do
do
J. A J. N. Y., Merchants' N. Bank.
M. A N. Mobile, Mob. Savings Bank
5
1875 to '91
1875 to '86
1885
July, 1899
Nov., 1895
Till 1901
1901
Newark, City Treasury,
do
do
do
do
J.
J. Newark Meoh. Nat. Bank,
M.
S.
do
do
Various
do
do
1870 to '93
1878 to '91
April, 1888, to' 91
J.
J.
J.
J.
8
8
8
8
8
7
6&7
6
6
6
6
1882
April,
April,
1887, '89, 91
Memphis.
N. Y., P. M. Myers A Co.
do
do
M.
5
7
7
6
89
New York aud Louisville.
Various
6
6
6
7
6
6
AO
A D
A
1886,' 96, '97
Bank of America,
Bank
1879
March
Louisville.
N. Y.,
1,
Various.
Various.
J. Louisville, City Treasurer.
D.
1896
A
J.
J.
7
7
July
do
do
1,
Various.
Jan., '98 to 1900
July, 1889
Various
6
7
Various.
July
Feb. 1, 1880
July, 1901 A 1903
J.
Various
Various
A.
A
A
A
O.
A J.
M. AN.
Various
J. A J.
A. A O.
M. AN.
M. A 8.
New Orleans,
J.
Real value, $100,000,0f 0. Hate of taxation
for all city purposes in 1875 is— Eastern District,
$1(10; Western District. $2 .33; State tax,
45c.
The following figures give the assessed property valuation for tlie past six years. For 1868, $.59,425,974; for 1869, $63,284,091; for 1870, $70,806,712;
for 1871, $76,845,995; for 1872, $77,156,642; for 1873,
$77,225,872. In 1868 the taxation per $100 was $1 98;
in 1373 it was $2 55 for tlio Eastern District and
$2 47 for the Western District.
000,000.
$2 27 on
Memphis, Tenn.~The city has been in default for
Tlie total floating debt
Jaunary 1, 1870, was $2,074,872, and there were
Jersey CUy.—Tho total bonded debt of the city, nominal assets (unpaid taxes, Ac
to balance
)
April 1, 1875, was stated nt J;I4,!M7,500, as follows: this of $1,927,608. In 1874 the policy
was adopted
General, $3.558,0<)0
assessment debt, t6,0(it',500; of receiving proposals for the sale of past due
water debt, $4,6«),00(i. • The sinkms; fund was coupons, 80 far as the funds in hand permitted. The
Assessed valuation, including railroad City Council declared the funding and
$525,565.
pavuig bonds
property, la $88,4im,8a5. on which the tax rate is $3 (M issued by .Mayors Lcftwich and Lortand
1807-8-9 to
per $100 on $63.4%,a55, and 1 per cent on raUroad have been issued illegally, but allowed the coupon-i
property assessed at $1 ,000,000. I'opulatiou by State to be received, pro rata, according to the amount
census m 1875 was 110,883, against 85,000 by U. «. realized by the city for the bonds: but a
decision
census of 1870. (V. 13, p. 190.)
of Teun. Supreme Court, December, 1875, was
against the citv on this point. Assessed valuation,
Louisville.— The funded debt, January I, 1876,
exclUBivc of railroad loans, was 88,.3:KI,(i00, against $32,000,000. Tax rate, $2 per $100. Population i n
8-',501,Oi'0 Januiry 1, ISI'J.
Of the $8,:Mii,00n there 1870, 40,230. (V. 21, p. 186, 570.)
iri payable out of the sinking fund
Milwaukee.— rhe city cannot issue debt beyond 5
$3,705,000; payable by spet'ial tax, $4,625,000.
Assets of the per cent of lis average assessed value for five years.
sinking fund, January I, 1875, were $8,180,625. which is $43,515,000; in 1874 it was $35,1,57,(100 of
The revenue of the sinliing fund in 1S74 sppUc- real, and $16,167,8-3 of personal; tax rate, 28>i
able to the payment of mtcrest and principal mills. Suikic g funds are provided for all the bonds.
of this debt was— riom licenses, $237,844 46; from Old railroad bonds, $200,000, due 1876 aud 1877
wharves, $2,3"1 54
from taxes. SSSL.'iO? 45; from (with interest about $400,000), have been held valid
interest, $6.5,829 36; total. $557,612. ropnlatlon by against the city. Population by State census, 1875,
eeneusof 1870 was 100,750, against 68,033 in 1860; 101,000. (V. 17, p. 187, 628, 691.)
now ofltimatcd upon tbo basis of 7 to a voter makes
Mobile.— The valuation of property in 1876 Is
ISO.OOO. Aseeseed value of property, about $79,- $18,894,825 real (state and
$5,377,716 person*!
;
do
1913
1,
May, 1891
1892 to '94
June 8, 1900
do
do
do
N. Y*., Bank of America,
do
do
do
do
A.
6
7
7
7
7
6
7
July
of America.
Various
do
Various Louisville aud
6
6
1809 to 1913
1875 to '70
do
Bank
7
4,042,000
209,000
130,900
348,000
75,000
2,265,000
229,000
1873.
do
Various
Various
A
A
1893
1894
1894
1895
1899
1878
1,
1,
1,
1,
1,
1,
Oct.
N. Y., Mercantile N. Bank,
J.
J.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
539,209
232,400
329,000
750,000
349,000
363,500
300,000
•
6
7
1875
392,849
242,000
429,000
1,171,000
186,588
J.
July
July
July
July
Jan.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
6
6&
1,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
N. Y.,
7
Jan. 1,1889, to '90
do
do
do
do
do
N. v., Merch. Ex. N. Bank, Jan., 1877 to '95
Various
M. A S
Various
378,000
1,890,000
500,000
400,000
2,500,000
3,030,000
Interest since Jan.
•
A.
A.
1,000
1,000
1,000
1,000
1,000
1,000
1855
1854
1855
Railroad debt
do
do
do
do
do
6
1,000
1,000
1,000
500 &c.
1852
1852
1852
AO
A O.
City Treasury.
N. Y., Winslow, L. A Co.
6
6
100 &c.
100 Ac.
Hew Orleans—
J.
J.
J.
J.
J.
140,000
404,000
1860
1860
1859
1870
1870
1871
1871
1875
.
8.
Jan.
tleteark
Bonds, various city purposes (s. fund of 1809)
War bonds, tloattug debt, <fec. (s. fund bf 1864)
Public school bonds
Clinton Hill bonds, coup. <fc reg. (8.fd.3 p.c).
1880 to '87
1892 to 1902
1874 to '95
J.
Various
1,350,000
76,000
1,000
MohHn—
&
A
Principal— When
Due.
I
& J.
A J.
& J.
& J.
A J.
A. A O.
8
6
J. A J.
7
Various
7
J. A J.
7
J. A J.
7
M. A N.
7
Various
7
J. A J.
6&7 Various
7
J. A J
7
Various
7
J. A J.
7
J. A J.
7
J. A J,
7
Various
7
J. A J.
500 &0.
1,000
1,000
10,000
J.
M.
7-3
7-3
7-3
7-3
7-3
1857
Water bonds, coupon
g.
8
10
1861
1871
1872
1872
1873
—
Re-adjustment bonds
General city bonds
INTEREST.
Where Payable and by
Payable!
Whom.
When
6
1,418,000
3,109,800
1,000
1,000
Various
l.OOO&c
l.OOO&c
1,000&C
Vailous
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
10
145,000
300,000
300,000
300,000
200,000
109,500
100,000
500
1,000
1,000
1,000
1,000
—
Louisville, Ky.
For Jeft'ersouvillc Railroad stock
Subscription to stock odL^-
Ra^e.
$71,500
35,000
766,500
1852 to '67 1,000
18G9 to '73 1,000
1870
1,000
1873
1,000
1871
500 &c.
1872 to '74 1,000
1870
1,000
do
do
do
Improvement bonds
[March 25, 1876.
July 1, 1895
1879 to '93
1876
& 1892
1, 1892
1. 1892
1892
Jan. 1, 1875
April 1, 1875
1874 and 1894
1874-'75 and '94
July
May
do
do
do
do
do
do
property; tax rate, IX per cent.
Interest has
been
default since July, 1878. A settlement with
bondholders was offered by Clommissioners in New
York, Sept., 1875, viz.: $510 in 6 per cent bond for
m
The 5 per cent bonds
lien on city revenue, and exchange for these
offered at 75 per cent of their face in the new 6
per cents. This has been accepted to a considerable extent, but no report yet given. Population
.about 38,000.
(V. VO, p. 308.)
$1,000 of the old 8 per cent.
have a
is
—
Newark. The bonds in the first line in the table
are payable out of the sinking fmid of 1869, which
to $:385,368; those in second lino out of
sinking fund of 1864, $8 2,7.57; public school bonds
out of public school fund, $89,0.34; Clinton Hillbonds
by sinking fund, $22,221, against local improvement bonds the city holds $2,5(i,H,e!8J of assessments
unpaid and a lien on the property. Temporary loan
amounts
1, 1876. were $767,750.
Valuation of
real estate, 1874, $79,538,2U8; persoual, $24,880,800;
all jjurposes, 1875, $1 98 per $10u.
Population
1870, 105,059.
bonds, Jan.
tax rate for
m
New
Orfedn*. —Interest was in default December,
but coupons then due were paid May 15, 1875.
In July it was decided to pay half the face of
coupons on specified issues, on the strength of the
financial statement then made.
(See Y. 21, p. 86.)
The total funded debt, July, 1875, was $22.0i2,030:
1874,
floating debt, $1,286,870. The assessed valuation of
property is $98,976,449 real estate, and $20,322,055
personal. State tax,
ndlls; city tax, 2o mills;
total tax, 39}^. The lease of city wharves July
UH
1875, is
considered by
A scheme
many
to be advantageons.
for settling the debt by a bond premium
drawing plan has been started, and first drawing
took place Nov. 3. Popnlatlon In 1870, 191,418;
in 1860, 138,670. (V. 21, p. 64, 86, 159,278 511 618.)
1
'
.
March
25,
J
.'<ii<Mrrlkeni
CITY SEOUBITIES.
876.]
nrtu coater .^aeat tevor hy kItIsc
DESCRfPTfON.
zi
ImmaAlat* noUc« of mar error dUeovcred In theae Tables.
Ditic ot
Size or
AmoiMit
Buud&.
par
uutstaudlu^.
oroxiiliuiatlonssceiioKHoii liratpaBcof tablcs.i
Viilue.
WTien
Bute.
INTEREST.
Where Paynble and by
Piiy'ble
&
A
Now OrleaiiD.
Prlnclpol—When
I>uo.
Wlioiu.
nrh-tiii}i—((!i»)1inneit}—
I
do
'
I
1870
1H7I
(draUiaffo sci-leK)...
and
and
oiil c.Iaini.
inii>i'oviini«nt
.
.-
boudg.
V I r.itoii
\'l-iiIioiia!
Ai|iicdnot Htoek
do
do
bonds...
Itocl\
Floating- debt
fund
Btoek....^^
^..'....
*...*....
^i........^...^...
i..
8toek..»..-.j;j
,.,j..J'....
do
do
J.nnatir Asylnni
'I- .1.
I'll.'
.,
,
Mark-it stoek
City CenieU*ry Htook
City improvement stock
'
stock
;
;i:i
ill
stuck
ir.i-.iph bouds....'^.,».ji'..ij
i.
bomls
do
do eoiipon
New Vorli liilil^io bonds
Aeeuniulated di bt lioinLs
(Street iniprovi'iiieii t bonds
Hlreet opiininK and lininoviinient bonds
Volnnteei- soldiers family aid rund bonds
Nlnlb distriet (wmi't bonsi' bonds
i'onsolidateil st(M'Jv, eonpon
l>eiiMrIin.'iit of Parks improvement bon(ls...
r, n;
i'aik eomiuission bonds
A--., .,in,ut bonds
('ii.i jiicihs improvement fund stiK'k.
Normal seliool fund stock
'V.i\ rrli(_-r
,
li
'.^>
100 &C.
'.-)
101) Ac.
building fniul stoek.
Adilltiiin:d *?rottin water stoek
Sewer re[>air stoe.k
i'ulilie scliool
.'
.
Improx t-ment Inmtls
i'onsolidated stoek
Mnsuniii of Alt and Kalnral History stock...
Japiidation of elniins and ,)iiilf;ment»
liiipro\ement of Tlurdavcmie li3d wtu*d...
Tlifrd distriet oonrt house bonds......
/..
I
—
Coimty court house stuck
do
do
No. 3
do
do
No. 4<t.5
1857 to '05 100
18.5'2
100
loo
1870
1800
100
18C5 & '08 100
100
1860
100
] 00
100
18G0
100
100
1 00
1869
500
1870
100
1 00
loo
lOO
loo
1863
loo
500
187i
1871
1871
1871
1871
1872
1872
187
1873
1873
100
100
100
lOO
100
100
100
100
100
Ac.
Ac.
&C.
.tc.
&e.
Ac.
Ac.
Ac.
&e.
Ae.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ao.
Ao.
Ao.
lOOAo.
100 Ac.
187-1
187-1
1862 to '08 100 Ao.
1871
100 &o.
1872
Soldiers' sn1)s red. bonntj- lionds
1801
100 Ac.
Soldiers' buiuily fund bonds
180-1,
100 Ao.
Soldiers' subs, and relief red. bonds
1801
100 Ao.
Soldiers l>ount.v fund l>ouds, No. 3
100 Ac.
ISO.-.
Soldiers' bounty fund red. ijonds, No. 2
1 00 Ac.
lao.-)
liiot damages nil. lionds
i
1801
100 Ac.
indemnity buu<l8
do
j:
1804 to '72 lOO Ao.
AK«essmeiit fund stoek
^
1808 to '72 100 Ao.
do
do
1873
100 Ao.
ilo
do
187-1
100 Ao.
187")
do
do
100 Ac.
lepalis o Iniildiii^-s st«ck
100 Ac.
1870
Uimsolidated sr<M'k. coupon
1871 to '7: 500 Ac.
Aeenmiilati'd <lel>t l>ond«
186i» to '70 100 Ac.
N. Y. and Wpsteliester Co.lmprovcmentbonds
}870
Lii|iiiilatioii of claims and jtul^inenta.
1873
(lonsitlidaled stock
1871
I'or SI n te. sinking,' fmiddutleieucy
1871
Dilitof Wi^stcUestcr towns unuoxcd
...i....
..I,...
t
i
i:onds issued prior to consolidation
do for railroad stock subsidy subscnipt'iis
1833
do fur Ayater yrorks
ia^5to'71
do furbridias
1859 to '70
A'ew Tork
C%.—The
total
debt of
$ll4..'',a-2,033; the afnonnt ot
1, 1370, -was
inkiiii; funds $-27,71S,:J07.
Tlio follrtwin;' atuteineiit
lirjws the deiullrf of funded debt, and tlie ainonnt
tile
city
eiukliii:;
A
fund at the dates named:
.
Jan.
l.'TI.
Jan
1, '75.
1, '70.
mt'a N.
y.-p.
M. A N.
3,3-11,071
6
6
7
6
300,300
S
905,037
450.000
6,340, SOO
50,200
4,090.000
2,748.000
290.000
75,000
451,200
8,150,206
700,000
521.953
597,5S0
2,707,000
3,000,000
3,500,000
6,500.000
3,3(;l,8.i0
1,0<X).000
200,500
300,000
4,'252,500
3,832,.">00
1,'245,500
13,01O,S00
5,325.1)00
200,<K)0
030,000
OOO.IMIO
205.000
500.000
10,343.700
605.000
1,42S.173
41.000
IHH.OOO
2,502.000
OOO.OOO
154,01)1
503/<M10
4,000,000
940.700
745,800
370.000
1,000,000
855,204
1,719.400
492,700
352,000
900.450
100,000
8,SS5,.5O0
6,000,000
30,000
100,000
1,680,200
3,899,493
6
&
6
K,
I
1
;
!
'
I
1
n
.
;
i
:
•
.
;
1
.
:
")
I
^29
]
Nov.
N.
N.
N.
N.
N.
N.
N.
N.
&
A
&
A
6&7
A
6
A
6
A
7
.M. A N.
7
M. A N.
M. A N.
7
M. A N.
G
M. A N.
7
e& 7 M. A N.
M. AN.
M. A N.
cif M. A N.
M. A N.
7
M. A N.
7
6&7 M. A N.
M. A N.
G
M. A N.
G
M. A N.
G
M. A N.
6
G
M. A N.
J. AD.
G
M. A N.
G
M. A N.
G
M. A n:
7
M. &N.
G
G
M. A N.
M. & N.
7
G
M. A N.
M. A N.
G
M. A N.
G
M. A N.
G
M. A N.
7
M. A N.
7
M. A N.
G
M. A N.
M. A N.
G
M. & N.
7
M. A N.
"g
M.& N.
M. A N.
G
M. A N.
M. A N.
M. A N.
G
M. A N.
6
J. & D.
7
M. &N.
7
M.
M.
M.
M.
M.
M.
M.
A '96
1876
1, 1901 to
1878
1894 <fe 1897
1888
1889
1889. '92, 96
1880
1889
1884
1879
1890
Nov. 1, 1906
1884 to '88
jS'a N.
q.-b\
6*7 M.&
7
6
7
18M
I8M
1,
1,
1887 to 18ff7
I>cc., 1880
Ang. 1, 1811
July 1, IWiS
July 1, 1922
April 1, 1881
1892 A 1901
1876, '87
5
7
July 15, 1884
Jan. 1, 18M
March
June
1879 & 1880
Nov. 1,190«
1883 to '90
1884
Ang. 1, 1900
Nov. 1, 1900
1907 to 1915
1907 to 1911
1880
1887
1808
6
6
6&7
'5
1870, '77, '78, '88
1879 to '82
1875 to '76
1890
1901
Nov. 1,1875 to '79
1875
Nov. 1,1875 to '79
Dec. 28, 1901
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1882
Nov. 1, 1875
1894 to '96
1903
1876
Nov. 1, 1877
Nov. 1, 1890
1875 to '92
1884 to '88
1894 to '98
1875 to '76
1883 to '90
1880 to '81
1895 to '97
1891
1877 to '79
1882
1887
1903
1876 to '78
1910
1881 to '88
1901
1884 to '88
1891
1876
1896
9
1877 to '80
l,500,0iX)
6,940.711
1,725,000
SAG
<i,300.000
6
4,853,500
6
J.
J.
J.
J.
A
A
A
A
true valno of real estate is estimated ut
By an act of 1H74 the towns of West
Farms, Morrisanm and Kingbridee, Clubracing
about 12.01)0 acres, were annexcQ to New York. The
debt of these towns was about $1,500,000.
.
du
IT&N.
Jl,9:i.'j,021.3i(».
From
.
O.
N.
G
the termination of the Tweed rer/im^ in
Description.
1K71 to .Jannary, 1373, the gross increase in debt was
$
Fundeddol.t
!ir),4!)-i,219
118,'.;i1,BR7
lIU,n5li,!)03
tu).3,'i')2.049, and Comptroller Green claims that the
Ulnkiug funds.,. 'U.iaifivr
!»H,til.5,778
•J7,748,:lU7
old claims existini; wlicti lie took otllce. with the
bonds issued to pay defleioncy in State siiiliing fund,
7l,ii.v.l,iJ0a
Not debt
!il,ii-»,779
,.
U1,:»V% and for ui)-towu improveuicuts. aggregate more than
Temporary debt.. 31,l)i7.:!7-i 80,S54,7i)i)
i!l,3W.2O0 this wiioie increase. He condemns very stronjily
llevemie bonds,
'J,71iii,W«
2,"07,.t(XI
4,14;i,S«a the law nnder which the Department of Public
Works makes such lieavy expenditures. All unadTli«;.^
Vork bv tlio U. S. census jtisted liaims against the city 4an. 1875, wore nomiIn 18711
ftOJ.tiiirt in
18(10.
Since nally $i).971,M9, a latsopart of which the CompJan. I.
of projiort.v, the rate of troller claims to be fraudulent .and has determinedly
taXAtlOM, ILil'l l',\' act auioiint of fnuilcd debt have
oppo-^cd. Tlie outstanding assessment bonds (paybeen a.s follows:
r-Iliitc tax p.
ai)fe ont of local asscssmiiiits on property benefitted)
Net
Ileal
Pcrsou.nl
Funded arc represented by $5,712,739 ndvanees to contract
lf!,0O0.^
Ye.ar. estate.
cst-ite.
State.
City.
debt."
ors; $7,.'i31,417 advances on Itoulevard work; and
ft
t7,i!0(i,r)(.K)
Oreat
«i
uncollected local nssossments,
$
19nt..(r'i;:i.-,-,.c,ir,
.M. :ir, !i B-3
]« 31 f 2O,(187,.'',01 hostility bus Iteen shown to f'omptroller Crecn on
)"
21,Ri).^,5flB
iiccoiinr. of his opposition to claims against the city
4 87 l:l 4ri
14 27 18 (W I 9H,lS5,ino and eliiefly on the charge of bis plaeiug many valid
r, -.n
it "O :i8,76!l,ll01 and re.asoDahb,' claims on the same ground as those
2-1 ill 5 ar,,97a.!,:n
I no
which are fraudulent or extravagant. Mayor Wick" .Vf.tj.M.tita ham ol>jects to the present method of authorizing
:i 91
1!) i»i
4 in 2-J n,'! ^0 :i,>.!)l 1.4-il bonds
that the laws are mandatory on the Board
li 13
70 17 ~ :15,"M!,lil7 of Kstimato and leave them no discretion. He says:
3 r-i lil l« s 1T,7'.I1.8W '• Tl.e Common Council Iris n'> control over the proi 71) 19 80 r. 7;),:S7.1..V)2 roedings required to be talcen iindiT several of tliem.
4 -ft 17 'M <f SK,:W!),;«I>
But some oracer or department of the City GovernI
ft 20
34 81 a On.m-i, 153 ment is i)y each of tiiem authorized to prosecute a
141 19 .W iJ 10B.3«3,171 iniblic work of some sort, and to incur obligatioui
ls;i..sM,:,17,'r,i.-, •«,i„<i,l.si a 96
21 03
115,187,969 for it in the name of the city, and for the payment ol
1875..8S3,IJB,5lJ 2n,3U0,151
40—' [
such obligations city bunds must be IssHcd." Extract
Jan.
do
do
New York or London.
do
do
New Orleans.
Q.— P.
New York —The
I:inuapy
ill
3.'126.000
do
do
do
do
D,
AA
&
U.&
6
5
<Si
A.
5<k0
.11)0.000
187i
J.
y.
8
8,18»,000
1S5:J to
1M5:( to
('•idral I'ark iinprovoment'ftmd
DiirkHaud Blips Block
7-3
7-3
1,1 I3,(i00
itc.
.tc.
00
J.
J.
J.
& ».
& D.
Vaiious
101,300
1
M.
8
1,004,000
2,421.900
500,000
2,900.000
250.000
to
J.
J.
7
7
10
&c.
&c.
&c.
Ac.
&C.
isii.",
I'untl stoclf
•
295,0(M)
702,0(K)
'IKi.oOO
2,510,(K)0
1807 to '70 100 Ac.
100 Ac.
1860
..i
new Croton Atinudact.'.
wafer main .stoek..,*^.'jM-.^iw.'^,i.Oroton Hiu*ep\'(iir bondn
^..
(Ii'oton A(jnediiet bonds
Ci'otoM watel' pipe bomls
I'ai'lc
1S71
1S7J to '72
1,000
1,000
1,000
Various
100
100
100
100
3 865
1870 to '72 100
1871 to '72 100
Ci-utoii
Central
1872
1872
•
is-ii to'(iri
J 87(1
18'l.J to'(iO
wiitRrV!oek
iitnii
3,000.000
'57, *(i7,'70
(ecneml soriosH...!.
IkhuIs, deMeir
t'lilToUlun faudiii),'
A'dld 1'i»7l—
Water stocic
870
6
7
7
J
City (debt assuniod)
Wliiirf iinprovuiucnt IjondH
-i ;, r iinitroviiiioiit liondH
do
Ten per eout
6
1880
.Ii'trcraoii
oriscilidatcd h'old tiouda
$113,000
1,392,.100
2,81!t,500
3 8.5-1
^.
11
Sovou JHT cent fmidluK loan ot 18B!>.
do
1870
do
I
$1,000
ISOt)
luliartnilu Uailrowl
lorwiirkg loan of l SOU
;•
^^
J.
J.
J.
J.
PhUa., Far.
do
do
do
A
Meoh. N. B'k
1876 to '85
1876 to 1903
do
do
•1876 to 1903
do
from Mayor's Meseags of January, 1876, U glvsn
p. 63.
(V. 80, p. 14, 88; V. *1, p. 8«.)
in V. 2!,
PhUadelpMa.—Tbe total funded debt, January 1,
1876, was $55,6l'),691; guaranteed debt, $5,.399,4(X);
floating debl, $S,ii9I,4;iJ. Sinking funds, $10,0.30,300.
The Comptroller's statement to form a basis for
m
taxation
1876, was issued Nov. 1, 1875, making
total estimated li.ibilities, $26,296,28*,! 64.
Of tills amount $9,29i),-i02 was estimated to come
from other sources than taxes, leaving $17,000,080 to
be raised liy taxes, at a rate of $:(0 per $1,000 on full
city property.
These estimates, however, wer«
materially rednced by the Councils, and the tax
rate was kept ai $2 15 for full city property. The
following table exhibits the assessed raluation and
tax rate In the city since 1870:
Beal
Personal
I ear.
Estate.
Estate.
1870
$470,851,800
491,814,096
$8,188,878
H,592,T«6
502,41.5,86a
518,3.?4,56«
8,6(18,819
1871
1872
1873
1874
1875
1876
8,*«),700
539,00!l,fi02
9,2.39,933
865,849,095
585,408,706
9,434,873
10,004,673
Hate Tax
per$),OUO
$18 00
18 (W
90 80
21 SO
22 00
»1 5«
81 50
is no large amount of city debt matnring in
the next live years. Assessed Tuhiations for ld76 are:
Full city property, $537,31.3.'2!<2; tax rate, $2 15;
suljiirban |>roperty,$;w.03I,ii73; tax rale, $1 46: farm
property, $20,168,423; tax rate, $1 ISX. PopulatioH,
(V. 18, p.
1870, b74,0',>2, against 566,520 la 18W.
There
586.)
.
—
.
.
CITY SBCUBITIES.
:di
[March 25,
8^
1;
confer a Bre«t ffcror bf Klring Immediate gotlce of any error dl»ooirer«a tn thege Table..
INTEREST.
Principal—When
Amount
Size or
Date of
DE8CREPTI0N.
When Where Bayable, and by
outstanding.
Due.
par
Bonds.
Rate.
Pay'ble
Whom.
Value.
notes on first page of tables.
SabMsrlbera
wUI
*"or explanations see
Pliilmlrlphia— (Continued)—
Bonds for park and Centennial
do for war and bounty purposes
do niiinloipal, scliool, sewer, &e
Guaranteed debt, gas loans
yuisburyh—
,
^
Water extension loan (coupon or reglstcredy
Funded debt and other municipal bonds
Coniprouiiae railrojul bonds (coup, and reg.)..
Bonds for inipr. Pcuu., ic. (local assessment).
.
.
Portland,
Loan
Ut.—
& St.
to Atlantic
_
„
Lawrence Railroad Co.
,
,,
do
do
do
do
do
do
& Rochester Railroad
do Portland
do
do
do
do Building Loan Commissioners
do Portland & Ogdensburg
.......^. I
Municipal— proper
In aid Atlantic & St. Lawrence Railroad Co i
.
Loan to Hartford, Providence & FishkiU
Bonds for public Improvements
Kecruitiug and bounty bonds
Water loan bonds, gold, coupon and reg
do
do
do
RR
City Hall & sewer loan b'ds, sterling, cp. or reg
Prov.,& Springfield RB. bonds, guaranteed
Socheeter, N. T.
To Genesee Valley Railroad
To Rochester & State Line and R. N. & P. BR.
For various city Improvements
—
Water works loan, coupon and registered.
San j'Yaticiseo—
Bonds of 1858, coupon
San Francisco
& St. Jose BR., coupon
1868 to '74
1845 to '72
1863
1871 to '73
4,413,400
1,537,286
2,179,149
4,653,700
1,000
1868
1,000
1869
1,000
1870
1867 to '69 500 &c.
1872
1867 to '68 i',6oo
1872
500 &c.
1852
246,000
233,000
308,000
700,000
450,000
592,000
1,100,000
2,174,300
375,500
11,6.'>0,000
lOOO&c,
lOOO&c.
lOOO&c.
lOOO&c.
lOOO&c.
1855
1863
1872
1874
1875
1872
£100
1,000
lOOO&c.
Various
lOOO&c.
(gold)
(gold)
—
—
Central Pacific Railroad, coupon (gold)
do
do
Western Pacific Railroad,
do ....
do
School bonds,
do
do
Judgment bonds,
School bonds
Park improvement bonds
Hospital bonds
House of Correction bonds
Savannah^ Ga. —
Subscription to Muscogee Railroad
Construction of water works
Improvement of Savannah River
Savannah, Albany & GuU RaUroad
Funding coupons and other purposes
Redemption of bonds
do
do
Bonds for city improvements
Harbor, &c., improvements
For floating indebtedness
500 «&c
500 &c
500 &c
500 &c,
500
1858
1862
1863 to '64
1864
1865
1866 to '67
1867
1870 to '72
1872 to '75
1871 to '73
1874
<S.-C,
.500 &c,
500 &c
500 &c.
500 &c.
500 &c.
500
500
500
500 &c.
100 &c.
1851
1853
1853
1853
1866
1869
1870
1870
1872
1873
1,000
300
1,000
1,000
500 &c.
Joseph, Mo.
500
& Denver City RR., 1869. 1860 to '69
Bonds to St. Joseph
1869
500
Missouri Valley Railroad
do
1858 to '69 100 &c.
purposes
Bonds for various
—
St.
81 Louu—
500
1871
Bridge bonds
.-
Paul,
500,000
600,000
300,000
2,000,000
2,000,000
1,400,000
500,000
178,000
750,000
1,065,000
3,000,000
548,000
108,500
484,500
377,000
250,000
197,000
246,000
385,000
475,000
210,000
150,000
99,000
198,000
64,500
937,500
368,800
117,000
349,500
534,000
500,000
400,000
431,500
150,000
299,400
500,000
6
4
7
Various
6
6
6
M.
M.
M.
6
J.
AN.
&N,
&N.
& J.
J.
&"d. Best., Blackstone Nat. B'k.
2,010,000
1,260,000
166,000
337,000
346,000
914,000
1,219,000
3,950,000
1,2.50,000
680,000
1,074,000
657,000
2,072,000
461,000
550,000
1,490,000
100,000
500,000
600,000
450,000
2,300,000
500,000
Minn.—
Revenue bonds
Preferred bonds
8 per cent bonds
Lake Superior & Mississippi Railroad.
Various
Various
Various
1868
.
Paul & Chicago Ralti-oad
Public Park ((Jomo.)
500 &c.
1,000
St.
debt Feb. 1, 1875, was $13,533,819, Includiug water loan and bonds, chargeable
on local assessments. Cash valuation in 1874 Real
properly, $170,415,923; per'onal, only $2,388,216,
according to Comptrol'cv'rt report. Sinking funds,
$553,908. Popnlatlon iibout 140,000,
PUtsburgh.—The
total
;
Portland, 3/«.— The sinking fiuid March 31. 1875,
was $500,469. The city is protected by mortgages
on At. & St. Lawr. and on Portland & Roches-
&
ter Railroads, and holds 7,143 shares of Portland
Ogdensbnrgh stock. Assessed value of real estate
in 1873. was $17,775,300; personal, $1-2,0.|5,712. Ta-t
rate, $35 per $1,000. Popnlatlon in 1870, 31,413,
aeainst 26,311 in 1860.
Providence, li. I.— The principal debt of Providence
been crealed since 1872 for water works. 'I'he
floating debt at close of fiscal year September 30,
hail
1875, was $2,020,796, and
]'hc assessed valuation of
funded debt,
all
$6,797,250.
property in 1875 was
$122,024,100 against $123,682,800 in 1874. Rate of tax,
The sinkuig fund for bonds dne
$14 50 per $1,000.
499,927
67,210
203,125
200,000
100,000
100.000
Philadelphia.
Boston, Foote
& French,
1876 to 1905
1893 to '98
1875 to 1129
1913
1883 to.'85
Nov.,
Nov.,
Nov.,
JiUy,
5
in'nthly
& O.
Boston and Portland,
do
do
6
5
1886
1887
1888
1887
July 1, 1897
June, 1877
1907
1875 to '91
April, 1877
J.
&
&
&
&
&
&
Providence.
Jan., 1876
&6
M.
6
5
5&6g.
5
do
do
do
do
Boston, Columbian Bank:
.
g-
J.
J.
J.
J.
J.
8.
J.
J.
J.
J.
do
do
Boston, Prov. and London
N. Y., N. City Bank, & Prov.
Loudon, Morton, Rose & Co
Providence.
7
7
6
7
J.
^»-
J.
&
J.
& A.
Various
F.
J.
&
&
N. Y., Metropolitan N. Bk.
New York and Rochester.
do
g.
N. Y., Union Trust Co.
J.
San Francisco,
do
do
do
do
do
do
do
do
do
do
Various
A.
& O
& O.
& D.
& J.
6g.
6g. M. & N.
6
J. & J
J. &
New York and
7
F. &
do
7
M.&
do
7
J. &
7
do
J. &
7
do
M. &
7
do
J. &
do
7
M. &
do
7
J. &
do
7
do
7
J. &
7
g.
l^7 g.
do
J.
& O.
^«- J. & J
M. & N.
7
A.
A.
J.
J.
Savannah,
do
do
do
do
do
do
do
do
do
6
6
6
6
G
Various N. Y., Nat. Bank Republic
Various
do
do
Various
do
do
Various
do
do
F. & A,
do
do
Various
do
do
Various
do
do
i
1885
Sept.,
Jan., 1893
Jan., 1900
Jan., 1900
July 1, 1895
1892
1876 to 1903
1893
1876 to 1902
Jan. 1, 1903
1, 1888
1877 to '78
1, 1883
July 1, 1894
May 1, 1895
April 1, 1881
Oct. 1, 1887
June 1,1882 to'
1897 & 1904
Nov. 1, 1891
July 1, 1894
Jan.
Oct.
June, 1876
Feb., 1878
Nov., 1883
Dec, 1888
Feb., 1886
Nov., 1879
June, 1890
Nov., 1900
Jan. 1
July
6&7 Various N. Y., Nat. B'k Commerce.
M. & N
do
7
do
10 & 6 Various St. Joseph and New York.
10
J. & J N. Y., Nat. B'k Commerce.
.
1846 to '71 Various
floating debt bonds
Real estate, buildings and general purposes.. 1840 to '68 Various
1851 to '66 Various
Street improvement bonds
1856 to '58 Various
Water work bonds (old)
1868
1,000
Tower Grove Park bonds (gold)
1855 to '69 1,000
Sewer bonds
1852 to '68 Various
Harbor and wharf bonds
1867 to '70 1,000
New water wojk bonds (gold)
1872
do
1,000
do
do
1871 to '73 1,000
sewer bonds (gold)
Renewal and
1873
1,000
Renewal purposes, gold or sterling
1875
1,000
Renewal and improvement bonds, gold.
1874
1,000
Renewal, &c., bonds, gold or sterling, coupon.
1872
500
approach bonds (gold)
Bridge
SI. Louis OouhIu—
1867 to '71 1,000
bonds, couimn
Renewal
1853 to '55 1,000
Bonds to railroads, coupon
1867
1,000
Insane Asylum
1868
1,000
Coimty Jail
1872
1,000
pui^poses, gold
General
1873 to '75 1,000
Renewal, gold
1875
bonds, couiion, gold
1,000
Park
1875
1,000
County bonds
Renewal and
St.
I
J.
J.
J.
J.
6
11,060.350
5,399,400
S
& J. PhUa., Far. & Mech. N. B'k.
do
do
& J
do
do
& J.
.
do
& J
do
A. & O
Pittsburg.
7
&7 Various Pittsburg, Phlla. & N. Y.
&5 J. & J. New YoA, B'k of America.
6
6
$8,696,100
.
(gold)
Judgment bonds, coupon
1868 to '70
1862 to "65
1860 to '70
1,
1902
1903
1880 to '89
Nov., 1889
1878 to '89
1891
1876 to '91
1876 to 1906
1879 to '86
1880 to '83
Aug., 1878
1876 to '89
1877 to '88
6g. J. & T>. New York and St. Louis. June, 1887, to
6g. A. & O. N. Y., Nat. B'k Commerce.
April 1, 1892
do
6g. Various
do
1891 to '93
New York or London.
6g. M. & N.
Nov. 1, 1893
M. & N.
do
6g.
do
May 1, 1895
do
6g. J. & J.
do
July 1, 1894
6g. J. & B. N. Y., Nat. B'k Commerce.
Dec. 10, 1892
'(
& J. N. Y., Nat. Bk. Commerce,
& J.
do
do
& J.
do
7
do
M. & a.
do
7
do
do
6g. J. & D.
do
do
6 g. J. & J.
do
do
6g. A. & O.
do
do
6g. M. &N.
do
12 & 7 M. & N. St. Paul and New York.
M. & N.
do
7
do
Various N. Y., P. M. Myers & Co.
8
6
J. & D.
6
J. & D. N. Y., Fanners' L. & Tr. Co.
7
6g.
J.
J.
J.
1876 to 1881
1878 to 1880
July 1, 1887
Sept. 1, 1888
June, 1892
1893 to 1895
April 1,1905
May 1, 1895
1874 to '90
1874 to '86
1889,
'90, '96
1888 & '98
1900
7
in 1885, $410,674; sinking funds of 1893, $149,972;
H. P.
F. Railroad bonds held, $.500,000. Population by U. 8. census, 1870, 68,901; by State census,
&
1875, 100,800.
and leaving only about $1.36,977 of floating debt
Dec. S) 1874. The city owns real estate and other
property valued nominally at about $4,237,600.
Assessed value of real estate, $14,000,000. Popula.
Hockesier.—The bonds of G. V. RR. loan reissue
$178,000, are provided for by net receipts from a
lease of said road to Erie RR. Co. after paying the
Interest out of said receipts. Valuation of property
about $82,000,000. Rate of tax, $1 3.1.
tion in 1870, 28,235, against 22,292 in I860.
St. Joseph, .Jfo.— Poptilation in 1870 was 19,.5C5,
against 8,939 in 1880. Assessed valuation of property.
$11,000,000; rate of tax, -23 mills.
San Francisco.— Fopalntion by the U. S. census
of 1870 was 149,482, against 156,802 in 1860.
Real
estate in the fiscal year ending June 80, I87B, waassessed at $164,466,177; personal property at $101,763,267; sinking funds raised annually amount to
$S34,500.
Tax rate, $1 45 per $100 for city and
county, and .84 9-10 for State purposes.
Total,
2.09 9- 10. All the values for San Francisco are given
in gold.
was
—
Savannah, Ga. To provide for floating debt and
maturing liabilities in 1873 and 1874 *4O0,0OO bonds
were issued and sold in Savannah, realizing $324,730,
St.
iouls.— Population by the U. S.
310,884, against 160,773 in 1860.
census in 1870
The
city
and
county governments and finances are separate.
Total funded debt, Oct. 11, 1875, $16,270,000. Floating debt— $622,000 due Gas Light Co; $;100,000 Treasury warrants; and $105,000 due sinking fund. Assessed valuation of all city property, 1874, $164,394,010; tax rate is 2 per cent. (V. 18, p. 143,)
St. Paul, Afinre.— Population in 1S70 was 20.030;
in 1875, by State census, .33,237. Assessed valuation
of taxable property, $13,liM,885, or about one-fifth
of the actual value; tax rate, 14 mills. (Vol. 15.
'
p. 626.)
.
,
RAILROAD STOCKS AND BONDS.
March 25, 1876,]
(reat niror hf clvlns lakmedlate notlea of
Subsorlbera will oonter
DESCRIPTION.
Miles Date
of
of
For explanation ot column headlnga, dec, see notes
Uoad. Bonds
on Itnt page or tables.
labama Cc«/r«;— (Seliua
1
liiliiiiiin <t
•_M riKiit..
81
—
lid iiii)i-t>;it^e
:!il iiinrlKak'c. sinking fund
A llri/hti III/ V«/(fv— Stock
H'lii-i-al ninrt^'iiiTf^
(
n.irids tci si;itc I'ii. (endorsed) 2d niort
I Hi
niori.. Kiislii K.itcn., Kuar. by Pa.
liiiiiliiij,' imonio Ixinds. with trultlc Kiuvrantee....
RR
Afrjdiittrui
«r:
$
—
. I
1,000
1,000
1,(K)0
1,(H)0
l,0<Kt
1,(KH)
186» 500
1870
1871
1874
1860
110
ill-
1
2d
if:
.f;
do
do
M
do
do
($12.(H)0,0<>(t)
($2<»,00O,000)
gold lionds (CI. <& M.)
do
do
(P. P., P. V. amis.
A.)
Western Extension ccrtiticates (CI., Col., Cin.
!»33,0<)0
I'.OOO
do
do
Gulf—Common stock
iC-
8&7g.
1,500,000
7
7
271a 1872
26512 1870
1
100
100
100
1871
1871
1871
1872
1873
1873
460
460
460
I.)
(ilia ran tiM><l slock
Consiiliilali'd Ist mortgage
.soutlurn (;ciirgla& Florida, Ist
428
428
428
. .
do
do
Ist
do
do
do
do
2d
South Side— 1st preferred consolidated mortgage
do .
do
2d
do
do
do ^-— 3d
do
do
do
Virginia <& Tennessee— Enlarged mortgage
do
do
4th mortgage
do
do
Registered eertiticates
do
do
Interest funding bonds.
rf /'nei/fc— Common stock
Preferred stock, Missoiu-i division
Ailnnlit
81
81
81
&
&
133
133
133
214
214
328
328
293
203
293
35
land grant
tfUPz-cHce— Stock, currency
stock, sterling
rorlland city lionds, 1st mort., sinking fun(l
2il mortgage, sterling, 5-20 years
Alliiiitic lO SI.
:id
do
.500 Ac.
1868
1806
1806
1806
1854
1865
1,000
1,000
500 Ac.
200 Ac.
200 Ac.
1,000
1.000
Var'us Various
1869 100 Ae.
1868
1868
1871
1871
1871
1873
do
150
1.50
150
(to
not mortgages
.SVir«HH«A— Stock
U<Aama Central.— In
1.50
default since January, 1872.
Xe;;otiations pending for a
new adjustment.
May
.llahami <t Chattanooga,— Komi sold
3, 1S75,
for tl,MO,000. subject to Hen of receiver's certiflcales. Time for bondholders to accep^ extended to
Jane 15. I87B. (V. SI. p. 38, 68, i5.% 302, 323,511; V.
22, p. 61, 8:, 135, 157.)
Susiiwhantui,— This road
is
A
53
51
51
AUeghany VaUfy.—TYi\» road was cmbarra'sed
in
1874, and compromised with creditors.
Abstract of
openilions In 1874 in annual report, V. 81, p. 37.
V. 19, p. 15, 117, S46, 582.)
Alejumdria & Fredricksbura.— The l*ennsylvania
itailnwd holds $512,000 of the bonds and controls
the road. Lo* on operation in 1873, $85,074.
Arkansas Central. - Most of the bonds wore sold in
London, where JSOO.Oil'i of 2d mortgage bonds were
(V. 19, p. 365.)
AthtahiUa. Yo'ingslmon tt Pitls.—ll is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guarantees interest on
let mortgage for
five years.
tI,JS0O,00O; preferred, $500,000.
JO, p. 4»«.
Common
stock,
Annual report V.
Atehiton <t A>4r<i;*(i.— Interest was in defanlt
September, 1873, and coupons funded. Gross earnings, 1874, $ A3,2(«; net, $82,880; unpaid coupons,
$450,000. Ai.nual report V. 80, j). -J03.
*
AtchiMn. Topeka
Santa /<!.— Interest is paid on
$976,1100 of the 2d consol. mor'ga.'e bonds, but on
the balance of that issue the coupons are funded to
Oct. 1, 1816. (V. 20, p. ifti
:»{ 5,5. V. 81, p 63
»»6,9J^591;V.a2,p.a82.)
'
Atlanta
1801
1864
<#
7g.
l2«?«•
12
7
I'-
1 ,232,200
21,795,298
9.876,250
2,410,300
4
1.5,105,200
7
I'-
,748,.500
3,093,200
780,476
2,310,200
404,000
200.000
0,921,900
5,470,000
4,000,000
306,000
1.57,000
4.58,000
675,000
621,000
452,500
990,000
963,000
87,811
226,.300
2,829,000
Ac
7,188,.500
2,015,.5O0
l,189,f»O0
795.000
599,300
753.000
362,500
1,290,.500
4.50,000
l.OOO
*100
*100
£100
100
100 Ae.
1,000
'"P*^>
A O. New York and London
do
A J.
(to
do
do
A S.
do
AN.
do
do
A J.
do
A J. London, Co.'s OfBce.
do
A J.
do
7g.
.500 Ac.
.500 Ac.
500
r-.
g.
3.508,000
2,000,000
35,128
4,904,872
787,000
1,.500,000
713,000
484,000
1,022,900
330,900
100,000
SichmonJAir i«n«.—Defaulted
Dividend.
A J N. Y., Third Nat. Bank. June, 1001
A J
Jan., 1880
A J
Jan., 1H89
J. A J. N. v., B'k of Commorcfl.
Jan. 1, 1870
July, 1888
J. A J. N.Y.,l)el.Allud.(;au.Co
do
Nov., 1895
M. A N.
do
Oct., 1885
A. A O.
do
do
M. A N.
May, 1881
do
do
ACo. March 1, 1896
J. A J. N. Y.,WinKlo«.
Jan'ary llurrlsbiirg, Treasnr)- $10(1.000 v'riy.
Oct.. 1901
A. A <). Philadelphia or lx>n(lon
1894
A. A O.
Plllsburgh.
June 1, 1896
J. A D.
Phila., Penn. RR.
J. A J. I>ond(m A Amsterdam
Julr. 1801
itH)l
A. A O. N. Y., WiiiRlow, L. ACo.
1904
J. A J
Pittsburgh, Pcnn. Co.
M. A 8.
Boston, at Oltico.
Sept. 1, 1896
J. A J. N. Y., G. OjMlyke A Co.
July, 1899
A. A O.
Boston.
Oct. 1, 1000
J. A J.
A. A O.
1903
Boston.
J. A J.
do
1882
J. A J
do
M. A N.
do
J. A J
do
July 1, 1002
J. A J. N.Y.,M.K.Je8up, P.A Co July 1, 1000
J. A J. Atlanta, Ga., atTreiM'y. Feb. 1, 1876
7
5,3.55,000
whom.
Payable
7g.
11,989,080
2S, 783,000
Oct. 1, 1876
Jan., 1902
Sept.,
1902
Nov., 1902
Jan,, 1902
Jan., 1903
July
1,
1876
7
A N.
Savannah.
A J. N.Y.,M.K.Je8upP.ACo,
do
AN.
do
AN.
do
do
7g. A.AO. N. Y., First Nat. Bank.
J. A J. N. Y., First Nat. Bank
8
J. A J.
7
do
do
J. A J.
do
do
8
8
J. A J.
do
do
6
J. A J.
do
do
6
J. A J.
do
do
J. A J.
do
do
J. A J.
8
do
do
Lynchburg OBic«.
8
J. A J.
J. A J, N. Y., First Nat. Bank
8
'313
M.
1875
7
7
7
J:
July, 1887
M.
M.
8,360,300
10,000,000
1,400,000
100
1808
1804
1871
1853
g.
H>
Oct.
1,
1901
1, 1877
1, 1877
July 1, 1893
Jan. 1, '84-'90
Jan. 1, '84-'90
Jan. 1, '8«-'90
July 1, 1884
Mcfi. 1, 1900
Jan. 1, 1875
July 1, 1880
Jan.
Jan.
A J. N. Y., Office of Comp'nj July, 1888
July, 1888
A J.
do
do
Nov., 1891
A N.
do
do
M. A N.
Nov., 1891
do
do
In 1901
do
Nov. 1, 1901
do
J. A D.
do
Dec. 1, 1883
do
J. A D.
June 1, 1885
do
do
J. A J.
Dec. 1, 1883
do
do
Dec. 1, 1883
J. A D.
Q-J. N. Y., Office of Comp'ny Jan. 1, 1884
F. A A.
Portland.
Feb., 1870
M. A S. r.rf>ndon. tJr. Trunk Rw. Mch. 15,1876
M. AN.
Portland.
May 2, 1886
A. A 0.
Oct. 1, 1884
M. A N.
do
do
Oct. 1, 1891
M. A N.
do
do
Nov. 1, 1878
J. A D.
Savannah.
Dec.,. 1875
J. A J. Phila., Farm. A M. Bank .Inly 1, 1881
July 1, 1884
J. A J.
do
do
6g. J.
Og. J.
6g. M.
6
K.
6g.
6g.
10
6
g.
6g.
10
3
3
6
6
g.
fi
gg.
«
K.
31,
6
7
in 1873,
on consol. bonds, and four-sevenths of. coupons due
up to 1881, paying three per cent cash on coupons
till 1881, and balance, if earned. This proposition is
and now in litii^ation. A decree of sale In foreclosure was made October, 1875. Report of earnings, Ac., V. 22, p. \3-\ (V. 20, p. 14, 85; V. 21, p.
still
14, 85, 883, 418, 488, 618.)
bill to
Atlanta e6 West n>lni.—The road has paid 8 per
cent dividends for some years; it has about $200,000
of bonds.
Richmond, \'a., March,
Extract from President Mahono's circular to
1876.
bondholders, showing the financial condition, is
given in the Chronicle. V. 22, p. 280. (V. 20, p.
380; V.21, p. 569, 591; V. 22, p. 110, 831,280.)
A
before the bondholders for their assent.
foreclose the consolidated mortgage wos filed
by the trustees
leased for
150 years from 1870 to Delaware
Hudson Canal
Co., at 7 per cent per annum, on stock and bondslessee assuming the payment on both.
also hypothecated.
430,000
475,000
523,500
412,000
4,248,000
100
100
100
500 Ac.
«100
1.50
bond.(t.
,f-
it
18.57
18.57
l.-iO
Bahl Eiitjlr Vn/Zci/— 1st mort., s. f.($5,000per year!
Jd morlgage (.$5,000 i)er year)
Albany
ioo
100
500 Ac
1873
1874
Land debentures
iiffuttlii
500
sirip (exchangeable for bonds)
bonds, scrip exchanged
sterling
1,000
1,000
1871
1871
.328
do
do t'cntral division
1st mort. (Southern Pacilic), gold (land grant)
Ist mort. (At.
Piw!.), gold, on 500 acres land...
2d mort. (At. & Pac, Mo. Dlv.), gold
1st mort. (Cent. div. At.
Pac), gold
do
do
do
Income bonds for funding
IOi|iiiitiiient bonds
500 Ac.
500 Ac.
&00 Ac.
58
58
it f)Ato— Stock, (eom'n, pref. & guar.)
mort. consolidated, gold (for $1.5,000,000).
2d mort. to the State (no Interest till 1880)
Norfolk & Petersburg— lat mortgage
riaiii
1867
286
Allantic.Muis.
Intc'i'cst
,000,000
400,000
3,750,000
7,041,000
3,383,000
1
mortgage
2d mortgage
do
do
1,000
1,000
87
585
585
346
st
5
7 or 6 g
7
1,2(K),0<H)
bonds
do
'7-30
.5,418,(!0O
&
llnnlic
7
'
too ic,
IjCttscd lines rental
<fe
7
U
7
,0(K1,000
2,000,000
384,000
3,050.000
Air Linc—lut mortgage
h'irhinoHtt
ii-
3»3
5,000,000
2,llfl,.50t)
;
West i'()iii<—Stock
Orrnl )rc<((er»—Stock (total $-10,000,000)
rrcfcrrcd Htock
Old lnt mortgage bonds. Oil io Division
1st general mortgage (iiil«.(KH),(KM1)
Alliiiilic
A
7
475,0(X)
.and income bunds
rottnwiiltoniic iMMids (conf indent)
Wichita A- SiMitliwost. (li'HMcd) IhI M., gold, guar..
1
8
,200,0<M)
1
4,(KX»,000
3,1(K),000
10,(MX1,000
I
Allanltt
Ailnnlit
8
5,220.(M)0
1,000
bonds, gold
Nolcs
8
2,073,000
.50
isiio
Cent.
$1,600,000
1
rnrisol.
.1
Amount
Outstanding
(heM Tables.
error dl«eaT«r«« la
Botuf*— Prtnoli
INTEKE8T OR DIVIDENDS.
pal. When Dae.
Rate port When Where Payable, and by Ma«*«-Laat
48 1871, 500 Ac,
02 >a 1871
1,000
1,000
021a 1874
i.no
1871
470 1809 .50<» Ac.
1870 500 ie,
mortKiigcs, gold
puts.— iHt mortgage
YdiiiH/siowH <£•
Jd rtiini;^';i;,'r, iiu-ome
Mrlilson d- Xrhntskii 1st mortgage
/i/i («)((, Topeka i« Santa Fe—lut mort., gold
I. :iTid cnint mortgage, gold (on 3,000,000 acres)
Ml irne lionds
1
180.5
b'i
& 2d
A.shiiiiiKlri.
1863
865
1
2)>2
Frf.ilric/cshHrf/~\ni ni<»rtgago
Cnilml—lut
[rkiiiisdii
Par
Value.
100
20i
142
142
142
142
262
132
i
I
1869
1869
1872
cSt
Kcirlvtir'H tiomis or eertitl(^iitcs
thunjf tfi Susquehanna Stock
1 Mi
iiiort jja^e
A liiiiiy < ly locm
-1
1871
son
2U6
Merid.)— Ist niort.
ahntt.—lnt. iiiort., Rold, (fiiar. by Ala..
ijiO.CKK) per mile, not Ruurantced
1
Size, or
Kiijr
xiii
thereof, at
Atlantic it Great Western.— This road was leased
to the Erie for 99 years from May 1, 1874, but the
lease did not go into effect.
Shortly after (in
July, 1874) default was made on its bonds. The
last annual report, to October 1, 1874, will be
found in V. 19, p. 637. Procecdmgs looking to
re-organizntion are in progress, and a const(lcrable
amount of securities has neen deposited by holdCIS with the London Committee. (V. 20, p. 85. 139,
:tfl9, 499,
592; V. 81, p. 136, 159, 830, 393, 410; V. 88,
AtlarUic
&
Pacific
and So.
ia
Pacific.
the 2d mortpa.gc and the interest scrip, but coupons
funded. .\ break in the company's affiiirs occurred
in October, 187.^; the Missouri Pacific lease was snrcndered and complicated litigation against the
Pacific Company, omnienced on the
Atlantic
ground of fraud in the Missouri Pacific manage-
&
p. 181.)
Receivers were appointed.
Interest of
ment.
January, 1876. on land grant bonds was not paid,
Atlantic <ft Guif.-OiosB earnings in 1874 were
net earnings, ta86.6.3ii.
The C m$1,038,856;
pany alsj has $500,000 10 per cent coupon notes
outstand ng. Annual report in V. 21, p. i75, also
interest on the 3d mortgage bonds of the
Missouri Pacific is also unpaid. The latter were
mostly held by the Atlantic & Pacific Company
for improvements claimed to have been put on the
Missouri Pacific road. (V. 19, p. 39;; V. SO, p. 888;
V. 21, p. 0, 418, 440, 466; V. 28, p. 61.)
and
p. 488.
—
Atlantic, HUsUAppi <t Ohio.
Of the stock
$5,845,700 is common, $800,000 preferred, and $276.200
itself,
guaranteed;
the company,
holds
$3,441, -.KIO
of
the common, all the preferred,
and $165,700 of the gnaranteed stock. Gross earnings year ending September 30, 1875. $1,789,468;
expenses, $1,108,947; net earnings, $673,505. There
was a decrease of gross revenue by $48,890,
and a decrease of net revenue of $54,114. Of the
$15,000,000 loan enough is hold to retire all the
old debt.
The company funded one coupon on
old bonds. Jan., 1874, but paid subsequent coupons
in part.
Funding notes due 1875 and 187^ were
issued. In October, 1875, in London, the company
made a proposal to fund whole coapon then due,
Pae^Ac—ThXa was a consolidation,
<ft
Oct., 1870, of the Atlantic
The land grant amounts to some 1.000,000 acres.
Interest was passed ,Iaii..'74, on tlic land grant bonds,
Atlantic db St.
Lawnnce.— Leaned
for 999 years,
from July, 1853, to Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and
stock.
Auf/Mta
(ft
to Central of Georhas surplus fund of
SartmmiA.— Leased
gia for $73,000 per
annum
;
about $50,000.
\
I
Said Eagle VaOey.—Lthfed to Pennsylrtnla Railroad at 40 per cent of gross receipts. The Pennsylvania Railroad hold* all the Id mortgaK* bonds.
.
.
.
.
"
.
RAILROAD STOCKS AND BONDS.
xiv
[March 25,
1
187i
mJ
Sabficrlb«rs wUl confer a creat favor by elvlug Immediate notice of any error dlocovered In tbese Tablea,
Ilonds-Pttuf!
INTKliKST OR DIVIDENDS,
DESCRIPTION.
Miles Date Size or
>nBB|
Amount liato per When Where rayable and by pal. When r
i<fftej;»
of
of
p.-U'
For explanation of coliumi beiuliuKi, &o., see notes
Road. Bonds Value. Ontstanding Cent.
Whom.
I'ay'ble
Dividonti
onjP
on tirst page of tables.
—
do
2(1 xerics
lH70,8terlliiK,
5
ido
18.^0
£800,000
2,000,(H)0
<I
411
421
sluklutt fund
do
Nortbwcatern VirRiuia, 3d mortKaRC, 1855-85
(tunnel) (told...
<f- /ntooKir— 1st niort
Ist mortpa»;e, Rold, (main line)
Battimorc
Hd mortKaKc, income, main line iuul tuunel
SiiuUi. /«.— IstM.. Bink'ft rnnd. Knar..
JieinUUn: /)<•/.— iHtM. I)'d8 of lHti;2 (gnar. byC. <te A.)
do
do
(
2d mortgage, Iionds of 1854
do
do
1857
(
ilo
do
3d
Berksh /;•«— Stock
1872
1874
1855
1871
92>4 1871
92 H 1875
BelUHUol
—
'.
18(i(!
07
1802
1854
1857
500
100
100
21
1841
30
1871-2
2it
43
—
1875
1854
G9-'70
185S
1873
100
113
—
745,000
000,000
New
4,790,000
800,000
400.000
499.600
600.000
800,000
1,000,000
621.00O
1,309,500
3,250,000
187;»-4
Bonds
10,000 ae.
I'd
2d mortgage
Consol. mortgage
Buffalo, jV. r. <* rhUadelpkia—Xatmort., gold
2d mortgage (for $1,000,000)
Burlington, (J. Kapitls rf- Minn. Ist M., gold s. f
1st mortgage, gold (Mil. div.) coupon or rcgist'd.
Pacific extension bonds
—
1873
Income
100
& Q. st'k (3d series).
& Q. st'k (4tb ser.)
CouTortiule bonds, C. B. & Q.
Burl, li Mo. in J\'c6.— 1st M., conv. .laud gr.
.
J
^
S^
281
Couii
ioi
)
Bonds, (convertible till Jan., 1882
> may
<fe 8. W., 1st mortgage, guar
) be rg.
Burl. <t Southwest.— 1st mort., cp., may be rcg
Cairo
A7. Louis — Ist mortgage
Cairo d: Yincennes — 1st mortgage, gold
Cali/mnia Paci/lc— 1st mortgage, gold
2d mortgage, endorsed by Central Paciflo
Camden <« ^U/rtHtic—Stock ($838,150 of it pref.)..
<£•
'
'
49
105
150
150
141
141
mortgage
2d mortgage
Camden tt BurHntiton Co.— Ist mortgage
Canada Southern— lat M.. gold, s. f., cp. <& reg
To!., Can. S. & Det., 1st mortgage
Carolina Ventral— 1st mortgage, gold, coupon
Income bonds, coupon
—Common stock
New x>referred stock
Oatawissa
60
CO
31
291
Gross
Net
Earnings.
Earnings.
Stock and
Debt,
$10,.')14,178
$4,33a,-S)«
$47,17.),134
ll,693,>J55
15,252,844
5,018,060
4,934,796
4.'j,876,927
10,654,47-2
4,5.33,072
2;»,161,.3«9
in
were
1874-75
of the
S8,5(i7,899
main and all leased lines
and net earnings,
$14,426,552,
The company claims a
84,490,098.
surplus of
in the value of its assets above its
debt, which 8urj)lus is represented
chiefly by securities of branch lines, received
for advances made by the B. A O. In Dec, 1875,
theopeniting contract with Piltsburgh
Conuellsville roiid w,is ratillud, by which B, A O. guaiaiilecs
J10,000,0(l01)ond?. See report in OnuoNicLE, V. 21
p. 48 7 V. 80, p. 183, 381, 404, 453, itS; V. 21, p. 371
.1 "•
511,591.
$34,023,.V)6,
slock
«nd
&
;
Baltimore * Poiomac.~Th\s is the line of the
Pennsylvania Railroad from Baltimore to Washington. The bonds arc guaranteed by Penn. RR, and
Northern Central. Lust auuiial report V. 21, p, 37.
&
BellecilU
SotU/ternIUinois.—LCiA»e(l and operated
by St. L. Alt.
T. 11, Co. on a percentage of gross
earnings. Gross earnings, '74, 8S'/3,an, (V.20, p,380.)
*
Belridere Dehiwaie.—fHock is 8995,700. Leased to
United Co,'8 of N,J., and lease as.signed to Penn. RR
Neteamiiigs go to lessen-. In 1875 net earnings of B
D. were S-*i0,4il4, against t4i«,3ti" in 1874. Floatinir
debt, »1,245,39J.
(V. 80, p. 488.)
—
Berkshire. Leased to Housatouic, at 7 per cent
per year on stock.
Albani/.—'Fhe Boston & Albany Is the
truiik line of New England.
In iiast
three yeara the following has been its eihlbit:
Boston
<e
main western
'•
242
242
100
7
A.
8
8
8
8
J.
Ac
(iOO.OOO
1,034,000
20.000 p. ni,
8
8
*<•
^ "m
!'
.1.
3,500,000
1.00(1
2,2.")0.000
1,000
1,600.000
1.215,550
r;«'
490,<M)0
^'-
1873
1874
1,000
1,000
500,000
350,000
9,000,000
7
50
"so
1,000
1,000
1,000
Not
Gross
g.
g.
7
31a
7
Total Stock
Earnings.
and Debt.
$-J8,478,28-2
25,4-.>2.100
24.18:1.100
18T:i 4
....
l<,<«B,l-'8
K7i:i
....
9,798,0.13
2,-i3'i,S73
A.
J.
J.
.L
P.
F.
P.
Earnings.
$2,-«3,147
2,411,916
A
A
A
A
A
A
A
A
A
Bostou Olbce.
do
.T.
D.
N.
O.
O.
1.9
J,
J.
1,
^'
1.
'
Jail.
1.
1,
^'
June
Oct.
New
Y'(n'k
2,
Oct.,
and Loudon.
N. Y., Nat'l
I'ii.rk
^1
m
!
x.m
May
Boston, Co's OIBce.
Bank. Jan.
'
LSOS
do
d((
Camden, Co.'s Odice. April 15,B
Ja 1., IS
J. Phila., Farm. A M. B'k.
Oc '•
do
(to
O.
180S
A. Phila. and Mt. Holly.
Jan.
J. N. Y., Union Trii.st t'o.
S
J.
J.
.^.'.l
N. Y. Ollice, 4 Broad »t
do
O.
m."a N.
M. A N.
$7.1.31,139
1S74 5
J.
A.
"2 is
Oct.
O. Boston
Q.-J.
F.
(>
3,000.000
3,000,000
1,159,500
1,000,000
2,200,000
230,500
209,850
1,300,000
l'.()00
1,000
1872
7g.
l,5(»O,00O
1,000
J.
J.
and New Y(U'k
Boston, by Trca-surer. July
and New York. April
July
do
do
J.
July
do
do
,L
J. Boston and New York, July
.1.
.1.
I'.oo'o
500 Ac
O. Boston
7
A. A
7g, A. A
2, ,500,000
1855
1867
1870
A
A
A
J. A
J. A
A
J. A
A
M. A
A.
8
8
,000
1,000
1
18.53
Baltimore (8 Ohio.— The B. A 0„ in comparison
with its rival trunk lines, claims a much smaller
A
M
.1.
<!
308,500
409,500
5,715.000
Ac
100
100
capital account in porpoiti(tn to the value of its
property. Ihe cross earnings of main stem a'l.d
brandies, and financial condition of B.
O. Co.
for four years were as follows :
Jan. ^
do
.1.
308,0fK)
A:c
&<•
65
New mortgage
do
15,
.r.
2,000.000
4,350,050
322,500
&c
Ac
i'oo
Old preferred stock
1st mortgage bonds
Chattel mortgage bouds
The gross earnings
50
500
500
500
500
500
500
M
M. a
Otiice.
An.i.
New York.'
A A.
^'w
Nov. 15.H
N
Bostou, at Oflico. v
July ^<fl
do
d<t
7
A J
7
J. A J
New York, Krie RR. Jan. ^•m
SJa
F. A A.
N. Y., Erie Railway. Juno ii>fl
Dec.
do
7
A D,
do
do
7
M. A N.
do
7 g. J. A D.
do
do
N. Y., Farm. L. A T. Co. Jidv I'l
g- J. &
Jidy 1.
10
J. A J.
do
do
M. A N. New York or London.
7g.
do
do
7g. F. A A.
""^.t'M
5,100,000
2,200,000
1,KOO,000
(iO
.
Nov.
F.
4
Boston, at
8(H),000
1874
1863
1868
1869
1869
1870
1809
1873
1872
1870
1871
1871
1869
1871
40
|
Omaha
1871--.!
1,000
1,000
M.'a N.
M. A N.
7
200,0(HI
2,582,<H)0
805,.500
24%
i^
o.=
(.5Jb ser.)
st'k (Hth ser.)
.
500 &c
1871
1873
1809
1872
Sv,.
""_£
I
1st mortgage, conv. do. on branch
1874-5.
18r3-4
1874-3
1,000
18.57
31
ciniv. into C. B.
b'ds, con v. C. B.
7
580,000
950,000
1,922,000
262.000
l",0()0
H
7 or 6g.
,500,000
•
142
140
140
140
121
121
219
94
Muscat ine western extension
Income and equiiiment mortgage
Burl.it Mo. Kir.— Ist M. on r'd& 400.000 ac's I'd 1
Bonds,
.1.
.1.
7,000,000
2,000,000
500,000
4,000.000
100
•"2f>
iric—Stock
Buffalo, New York
1st nuirtgagc bonds
it
Ist
1,000
<>3
to purcba.sc brancbcs, coupon or registered
Bujgr.,Urtut.,l: Pitts.— Qon. M.,(lncl.
•
1875
52
...
..
500,(100
KM)
500 &l:
143
Boston <£ Jfrti'tte—Stock
Bonds, coupon and registered
Boston <£• jVcio Ynrt! A ir-imc— 1st mortgage
Boston d Provittenee — Stock
.
.1,
999.500
. .
A.
.7.
2(10,000
mortgage bonds ($750,000 autborirod)
\.
J.
J.
1
lo:i,0(io
1872
Bontls
:^|
1880 3
1880»l
18S51
i8ssH
I!
20,1 29,282
Mortgage, wbarf purchase
Is,
&
A J. BalliiKore or Loiulou, July 1, 1811
A lull 1, imi
do
do
A O.
Jan. 1, ]!!'Ball iliioic.
O
J. A J.
Oct. 1, 1V. A O.
8
N. Y., Uiis.sell Sage.
1877
6
J. A D. Trenton, N. .I.,OfllcC.
188.5
I'hiladelphia.
6
M. A S.
1887
do
F. A A.
Q.-J. Boston, KiiKler, V. & Co April 10, tfl7P
1%
Nov.
OIHcc,
Boston
5
M. A N,
Jul.
do
J. A
IS'.';
do
7
F. A A.
do
July
7
J. A
6
A J. Boston, Boston N. Bank Jutfif
do
do
7
A J.
1.8813
do
do
A. A O,
8
MuyJ
Bostou OIBce.
3
M. A N.
"(>'
Boston Oflice.
J. A J.
do
G A7
\. A O.
do
3
Boston, at Olllce.
J. A J.
do
G
A. A O.
do
AprUi;
(b)
do
7
A. A O.
4;)9..50O
100
100
100 &c
100 &<•
500
IGO
Boston, Coneorilit Montreal Preferroil stock;..
Com. .stock (for old dividends & new stock)
Sinking fund t)ond8
Consolidated mortgage bonds (for $2,000,000)
Boston (£ IjfHccll Stock
1--
London.
1895
1895B
1890'
Biiltimore Ollicc.
1890 Jg
Loudon, N.ivlor & Co. Jan., 187
Mch. 1, V.
Loudon.
1910
do
18.83
J Bull., Mccb's Nat. Bank
a,
g.
i.i'ki.ooo
1. OIK 1,000
1,000
1.000
1,000
1,000
1,000
1,000
g.
g.
Bank
Balliniore Olllcc.
fife'-
i.i:i3,(H>o
1,1100
50(l
270
(h«ni/—Stock
Albany loans (Albany & West Stockbridgo)
Dollar loan
Lrf)an of 1 S75, coupon or registered
Boston, Clinton it Fitchb.—lat niort., Agric. Br.
.4
5(i
],
1,
April 17,
ii 17
BiUt,, Mecli'8 Nat.
J.
J.
^'•
1.500,000
3,000,000
1,000
1,000
1,000
do
M.
6g.
MO.OOO
I'.OOO
N.
\.
J.
\.
6
9,374,112
8,680,000
«'200
illOO
Ji200
Nov.
Nov.
Baltimore OOicu.
do
N.
do
G
1871-,'i
flo
Mortgage liimdH 1809-70
En uipmont notes
1,710,000
3,525,456
3,3ai,246
M.
M.
579,500
1853
1870
1855
Sterling mortgage
<£
l,()riO.(100
&
A
3
"30
Baltimore loan, 1855-'90
8bort notes, sterling
Boston
3
(;s5,0(i9
52
WnHbiiiKton braucb
Loan, 1850
loan, lR'>:t
do
$100 .$13,143,400
100
3,5-J9,800
588,
ItxUlmor* dS Ohio Block
Preferred stock
A
A
&
do
Nov. IG,
Nov. 16,
Feb. l-,
Philadelphia.
do
do
A.
A.
A.
July "iViS
Aiuill, 19
1888
Philud(dphla.
do
foreclosure
Ift
to '8
19'
Feb.
1,
1875.
(V. 8(
was made November,
p. 23i, 530, 51.5. 670;
IS'
18'
V.
21, p. 85, 277. 591,)
Burlington ift Missouri Hirer.— An
consolidalion and a jicrpetnal lease to Cliicago,
n'_Teemcn
I
ing is |;,M72.fi00. Net eaniiiiirs ffir the vear eudini:
September, 1875, *401 -202; a dividend of 3 jier cent
paid on pref. stock Jan., li;76.
(V. 21, p. 6t, 5!U.)
Boston, Concord <!: Montreal.— Orofs earnings for
the year ending with Mnrch, 1875, were $6ti4,194;
net earnincrs, $140,208. Tliere arc also $76,000 old
A Quincy, was made in Oct., lira. In Aic^'ust, 1
stock of Chic. Burl. A tj, was issued in 1>1 ice
stock of lhi.s Co. and for convertible boml-. .\ui
report V. 30, p, 33 5.
V. 2 1, p. 1:19; V. ---', p. 81
Tlu' stoc
Builington ifc Mistouri in y<:Oi'a,^ka
$8,58:5,750.
A report of company's operations.
to Jan. 1, 1875, lia= not been pu'ilishcJ, but
have the net earnbnrs in 1874 as $115,940. The
graut has proved very vahniblc, and total >!ilc
Jan. 1, 1875, amounted to $6,312,954; in l^M s
bonds due
were
$.%000,000 new bonds wore auChorizcd in Feb., 1875
(V. 10, ;>. 14. 162, 59i; V. 21, |), 4«4.)
Boston, Clirdon
Boitoii tt
<S:
in 1865.
tlldih'irf/.—Tht: :fUick
(V. 20, p.
onUtaud-
520.)
Lowell.—Opcmlci\ with the Nashua
Lowell, which receives 31 per cent.
V. 22, p. 43 )
Tlo-^fon (t
Maine.
&
(V. 20, p. 65;
—N((t incoiae. 1874-5. over interest
Pools trarniugs froiyconipeting
points with Eastern. (V. 20, p. 1-1, 614: V. 21. 11.
paynu'iils, :5tHfT,97'.
o33; V.
Boston
22, p. 880.)
c6 N. Y. Air
Middletown
reproscnled
000,000
A
Z,in«.—Fo.nicrly N. Haven
Road cost about SH.OW.HO
Wil.
now by
',
83,000,000 pref. stock
and
Sl,-
commcm,
Boston A rioi>idence.—T\u: bonds and al»o $U-!4,f«in
notes have been issued for purclcise of branch
Total income, 1874-5, 81,581,3.58; net, over
eperating expenses, S44r,-i:j6. (V. 21, p, 5tjO.)
Buffalo, Bradford * Pitlsbtmjh—\}\\&sx perpetual
leas() to Eiie at $40,610 per year.
Bnfn/o. Xeie York ik Eri". Leased to Erie in
186:1, for 490 years, at 7perceut on stock and merest
and sinking fund on bonds. In 187:4 Erie boui^ht
$50O,e00 of the stock at $150 per share. (V.20,i> 61,614,)
roads.
—
i
Buffalo. Xeio
York
<t P/iilndt/iilii'i.—Tlus
is
iliu
connecting line of the Philadelphia A Erie with
Buffalo. In 1874 the net earnings were $18«,813.
Btiriinglon, Cerhtr Rnphls & Minnesota.—1» 1874
default was mudc .i* Interest.
decree of sale in
A
(
—
.
I
$2.16»,8.1J.
Bi/rlln(ilon
(,Y. -JO,
p.
^9,
593.)
£ South K'cx('«-n.— Defanlted Nov.,
1
Forcclosin-e in progress,
(V. 2I,j(. 159, 111.
Cairo <6 St. /,o//i/<.—DefauU( d ui 1873 l>.v
town and conniybonds.
Road completed February,
to receive
\et.
No
fai
fined"
'
(V.
1^75.
21, p, 81, 411.)
813; V.
VaiivS Fi/'c«in<i'.— Dufaiilled in 1871
of receiver. (V. 20, p. 499; V. 21, p. 6:3,
VaUt'ornia Padflc. Extension bouds «.
and incomes of |;l,0;:il.U0U havi! bcen.in
iiOtl.
'"
'
1
1
anroposal olftTcd by Central Pacific. (V.21. p
Also V. 20, p. 'o.ti: V i'., p. 1.50, 277; V, 22, p
280.)
Camden
Camden
<6
Atlantic— ^et earnings, 187". J
Biirtlniiton. Co.— Leased 11
Companies, at 6 per
Canada
C(jnt ini
.6'op/Wi^m.— DefaiiUcd Jannary, is;4,
i
Central coidrol.
Caroluin
I.V.
A
-Jrt.
ly,
-f
.^
(V. 2i, p. 159; V. 22, p.
('<:it!r'd.
Riitlierfard.
p,
-Foruii'rlv Wilmiiii.;
Passed interest Jaun. ly,
.
I.n.)
C'a/aK'i*".!.— Leased to Pbiln.
New preferred
&
Read.,
Oc
stock dividend to bo 4 2-3 in
in 1875-6 and afterwa (1.
Sec terms
491; also, V. 10, p. .'^17; V, 18, p. :i6< ; V. SO, p;
ami 7
Li
8382,000 stock.
coupons funded, but interest not pai
In January, .1876, supposed to have pas-t
lotte
;).
<(;
.
March
.
RAILROAD STOCKS AND BONDS.
25, 1876.]
br
Biibucrlbers will confer a Kreat favor
DESCUIPTION.
Oaijui/a— 1 «t inortKaKo,
i&c.,
see notes
of
Road. Bonds
1871
$1,000
100
14
01
1804
1800
500 *o,
50O Ac.
274
128
70
58
140
205
015
1861
1863
1866
231
231
1809
1871
—
—
Cellar llapiih it Minsouri Cummun stock
I'lvfiiTed stock, 7 per cent
Ist mortgage
Central R. Jt.
^CMi* ttf n. K.
—
ur jM.fw*-. »rw.
<* Bntik, ffo.—Stock
E7i<wn
mortgage Ooiiit) bonds ($5,000,000) coup,
& WcHtcni nonds
(Ji'iionil
Mat'oii
Cent.
Va;
alue.
40
Kf'l'l
Cayuifft it SuKf/nfihannft Stodk
C'erldr Falls it Jfinn.— Hdudson Istrtiv. sink. fund..
Rnnds on 2(1 divlHion, nlukiuf; fund
do
do
Immediate notloe ot any error diacoverod In these Table*.
iioicft-PrlnclINTEREST OR DIVrDEHOe.
Date Size, or
Amount Rate Iter Wbeo Wliere payable, aud by pal. When Due.
ot
BllKJtt-lMit,
Outstanding
tflvins
Miles
For expluiintlou of column Jioadlugg,
on lli'st piif^e of tables.
100
6,8.50,400
709,000
700,000
582,000
5(X) Ac.
500 Ac.
2,332,000
100
1,000
7,50O,(XX)
2,287,(K)0
1872
1870
1,(M)0
925,000
100
20,<KK),0O0
2i)l
Mortgage bonds
74
Bonds (convertible Nov., 1H7.5 to 1877)
Consolidated mortgage (for $2,5,000,000)
Newark A New York, 1 st mortgage
Lohlgli <t Wllkesbarro Coal Co., 1st luort. guar
do
do
Cousol m., coup. guar.
Am. Dock cfe Fmp.Co., 1st mort., guar. Cfent.of N..!.
Central O/ii'o— Common stock
Preferred stock
07
7
1809
1872
1874
1807
1874
1875
1,(K)0
5,000,<1<X)
,mio
1,000
4,770,000
10,000,000
000,000
£2,000,000
5,000,000
3,000,000
1
500 Ac.
.S2O0
1,(KK)
1,000
137
50
50
137
1st mortgage bonils
137
1,(K)0
Central Y'dft/jc— Stock
100
1218
1st mort., golil, (sinking fund. $.50,000 per year).
742 1805-8 1,000
Subordinate Hen, Calirorriia .Slate aid, gold
50 1864
1 ,000
Bonds, (formerly eonverlilile into IF. H. ixuids)
138 1802
1st mortgage on San .loai|uin Valley Braucb, gold
140 1870
I'.OtIO
U.S. Loan, (2d lien on certain terms)
742
Western I'acitlc, 1st mortgiige, gold
1.58
1,000
1800
- do
(ioverumcnt Hen
123
I'.oiX)
Cal. ife Oregon, Ist mortgage, gold (guar by C.P.).
152 1868
1,(K>0
C. P., Ist mort.. on C. & O. Br. ($7,2(H),000 g.)
152 1872
Ban Francisco O. & A., 1st mortgage ($1,500,000)
1,(M)0
20 1870
Land bonds on 11,722,100 acres
1870
1,000
Ghnrtolle Columbia it A ui/iista—lat m. (C. & A.).
85
do
consolidittcd
195 1809
2d Mortgage for $1,000,000
1,(KK)
18r2
"28 1871
Chartiers— Ist mortgage
l.(M)0
CherrjiValleySluir.it Al.— lit mort., convert...
21
1809 500 Ac.
Chesapeahe it Oh io— stock
427
1st mortgage sinking fund gold
427 1809 100 Ac.
1st mort. exteii. (2d on 427 miles) coup, or rcgo
1,000
1872
Debcntiu-es oonvortlblc Into 2d mortgage
1872
1,000
1st mortgage, (Va. Cent. K. It.,) giuirantced by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds
Income lionds (for funding) •
1874
Ohesh ire— Stock, preferred ..A
100
64
Bonds, not mortgage
Chester Wtlleif— 1 sfc mortgage
21 ig
Chleago
A (ton Common stock
100
G19
Preferred sfek (pref. 7 p. c. y'rly not cumulatiTe)
100
019
(leneral mortgage, sterling, for $8,000,000
322 1873
1,000
1st mortgage
220 1803
1.000
Income bonds (a 1 st lien on Income)
220 1803 5(MI Ao
Jollet & Cliicago, 7 per cent, stock
UX)
38
do
do
1st mortgage, sinking fund
38 18.57
1,000
St. Louis Jack. & Ch., 1st mortgage
1.50
1,000
1864
do
do
Ist mort. assum. by C. & A.
37 1864
1,000
do
do
2d mort. assum. by C. & A.
37 1808
1,000
do
do
2d mortgage
150 1868
1,000
Louisiana A Missouri, 1st mortgage
101
1,000
1870
Chicago A 111. Kiv., 1st mortgage, guaranteed
Ohiciiijo^ Burlington it i^aineif —.Stock
825
i'oo
1st mortgage, sinking fund, (trust)
400 1858
1,000
Consolidated mortgage co\ipou, (for .$30,000,000)
825 1873
1,000
Northern ('ros.i It. R. 2d. mortgage, gold
100
Trust mortgage (Burlington to Peoria)
96
Plain lionds (coupon or registered)
1872
1,000
Bonds of 1S75, (sinking fimd $13,8(iO i>er year)..
1875
1,000
Carthage & Burlington, Ist mort
32 1809 .500 Ac.
Dixon Peoria & Hannibal, 1st m. Coup, but may
40 1809 500 Ac.
American Central, 1st mortgage be registered.
51
1808
1,000
Peoria & Hannibal, 1st mort
31
1868
1,000
J
.
3,700,0<H)
Ac,
.•
—
:
Cay«(ira.— The Caynga Lake road was sold under
•ccona mortgage, and this Co. organized. (V. 19, u.
aro.)
Cayuga (ft Smquehanr>a.—lje&saii in iiorpctuity to
Delaware, Lackawanna &, Western. Dividends, 9
per year.
Cellar
FWs
<fc
Jfin«ft«o/a.— Incased to
Dubuque
&
Sioux City, and sublet to Illinois Central at $I,r)00
Ser mile yearly, and a per cent of all earnings over
.1,500 per mile.
Cedar fiaplds tfc .If/doourt.— Leased to Chicago &
Northwestern at f "00 of first $1,500 gross earnings
per mile; one-third of the next $3,000 per mile, and
onc-flfth of all above that. (V. 2
p. 162.)
Central llailroail & Bank, Ga.— Leases several
roads, and guarantees $1.4!I-2,5(KI of bonds.
In
April, 1S7.5, purchased onc-lialf interest in Westcni
Ituiiroad of Alabama at foreclosure sale.
Gross
earnings year ending Sept I, 1S7.5, (8,8-6,536; net,
«l,i»9,»51. (V. 18, p. 374; V. 80, p. «39, 335, 398;
V. 21,p, 3«, 41T.)
Central of /»wo.— Decree of sale in foreclosure
made Oclober, 1875. (V. SO, p. 15, 85, 435, 548; V.
21, p. 85, 3ii3, 411, 4S.'), 511; V: 'ii, p. 110.)
Central of New 7er««.~The annual report for
1874 was given in Vol. SO, p. 861, showing
',
gross o;imini;s of $8,.589,(i30; net, $4,41fl,089. Of
the consoihlnted mortgage sufticicnt will be held
to pay all the prior issues.
This companv also
assumes $2,310,(10(1 of Lehigh Coal A Navtgation
Companys debt and $330,723 of the Itailroad Car
Trust Companv. In five years the gross eamincs
have increased from $4,010,121 to $S,.589.()3I, while
the net earnings have risen from $1,,367,958 to
$4,41!»,029.
The change niiide in flvo vears in the
investments of Uie Com|>auy are as follows:
<'upital stoek, increase
Bonded debt, increase
Bonds of ether (companies assumed
Undivided proflte expended
$.5,000,000
12,607,900
3,210,723
1,127,879
$21,9T8,5CS
7
1,
1,
AD.
N. Y., Metropolitan Bk.
.1.
J.
Oct.
.1.
]00..5()O
1,220,331
774,600
500,000
9,937,800
2,425,400
3,893,200
2.383,000
1 ,087,000
1,500,000
330,000
2,305,000
564,000
188,000
300,000
2,500,000
700,000
27,512,842
2,721.000
8,428,000
941,000
080,000
2,391,475
162,000
.1.
.
.1
1895 to '99
1, 1899
1899
Jan. 1, 1888
Jan. I, 1892
July 1, 1890
Oct. 1, 1890
1890
1895
Oct.
.1.
.1.
450,.500
750,.500
1.880
1884
1870
1877
1893
July 15, 1875
July
This inciease in stock, bonds and liabilities is repre.sented i>y the following increase in assets;
Railroad
$3,800,871
Kxpenditures at .lersi^y City
35.5,805
1"6,221
. .
.
11.3,400
4,445,29,S
5,780,1.38
4,.500,000
1,842,086
1,
1877-'80
Slay. 1872
Mcli. 1,
Mch.
1,
1876
1876
Oct. 1, 1903
Jan., 1893
Jan., 1883
Jan., 1870
July. 1882
April, 1894
April 1,1894
July, 1898
July, 1898
Aug., 1900
Mar. 15, 1876
Jan.
Jan.
1, ISS'^
1, 1903
1, 1S90
1, 1890
1, 1890
June
1
July
July
Oct.
.1.
015,000
49b,000
1901
Nov.. 1899
July 1. 1902
July l.'77lo'U2
,1.
.1.
1,
Deo. 15, 1899
.r.
.
1884
18B3
1900
July
.1.
2,1.53,300
Total
1,
Jan.
J.
l^-
:ioo,ooo
equipment
Leliigli and Wilkesbarre Coal Co. stock.
Lcliigh and Wilkcsliarre Coal Co. bonds.
Accounts receivable— increase, less ac-
1800
Sept.,
.luly
N. Y., FiBk A IlotoU.
do
do
J
du
do
A J.
VA J. N. Y^., Am, Exch. Bk.
du
do
A J.
do
do
A J.
8
do
do
8
A J.
7
Bostou.
J. A J,
2
do
J. A J
6
Pblla<lclpbta.
7
M. A N
M. A 8. N.Y.,M.K.JC8up,P.A Co.
4
do
do
4
M. A B.
«« J. A J, Londin,J,8.MorganACo.
A J, N.Y.,M.K.Je»up,P.A Co,
do
A. A O,
do
7
N. Y. U. 8. Trust Co.
1%
N.Y.,M.K.Je8up,P.ACo:
J. A
8
do
do
.V. A O,
7
do
do
A. A O.
7
do
do.
7
A J.
do
do
A J,
7
do
do
F. A A.
7
7
Y., Bk. of Commerce,
5
M. A S.
do
J. A J.
do
8
Boston onioe.
A J.
7
Fraukfort.
4g. J. A
.Y., N. Bk. of Com'rco.
A. A O.
7
Boston, Co.'s ofliee.
I. A
7
Boston. Co.'s Otllce.
J. A n.
5
M. A N.IN..Y.,N. Bk. of Courrce.
8
do
du
8
J. A
do
do
8
J. A J.^
J. A J. N Y.,N.B'kofC<iuiui'rce
8
5,120,000
00,000
100,000
902,000
counts payable
Oct. 1,1875
1895 U> '98
m.a'n.
15,00<1,(HH)
.
1870
1890
Nov., 1902
July 1, 1899
1887
Feb. 1, 1890
June 1, 1000
Dec. 30, 1875
Dec. 30, 1875
.1.
500,000
300,000
15,898^01
New
1899
April 15, IIMII
.\pril 10.
.1.
193,.50O
Port Johnston Coil Station
Station houses, shops, etc
1.5,
.1.
1,309,000
(
1880
Oct.,
July
.1.
1 ,970,000
0,000,000
1,291,000
500,000
9,430,000
I
May, 1910
June, 1873
Jan. 1, 1803
.1.
2,735,0<K)
i
1901
1870
IHHi
1907
1870
Feb. 1, 1870
Aug. 1, 1M91
Aug. 1, 189.t
Jan. »,
Aiiril 30,
Jan. 2,
Feb. 1,
.1.
.1.
25,883,000
1 ,500,000
1,483,000
0,080,000
25,885,000
.
if;
.1.
2,437,9.50
411. .5.50
2,500,(M)0
54,275,.500
.
Dividend.
.1.
1.50,(K)0
500
Wliom.
.r.
589,110
198,000
1,334,000
100
50O Ac,
Payable
New York.
& D.
I'- J. &. J. New York. 44 Boutli St.
7
A. & O. N. Y.,J. 8. Kennedy A Co
ilo
do
7
J. & J,
Boston, Truasui-cr.
1
Q.-F.
3J«
do
do
F. A A.
7
F. & A. N. Y., Nafl Park Bank
do
do
7
F. A A.
do
do
M. A N
7
Ravannali, (Jn.
5
A D.
7
J. A J. Now York A Mavanuali.
Bitvaunab, Ua.
A. A O
7
New York, Odico.
J. A J
do
do
A. A O
New York, at offlcc.
Q.-J.
2HJ
do
7
F. A A
do
do
do
7
M. A N
do
7
do
Q.-J.
do
do
7
A J
liOndon.
M. A N
(i.-M. N. Y.,Cent. RR. ofN.J
7
do
A J
do
3
A D Bait., at B. A O. office.
3
ilo
do
AD
6
M. A S. Bait., WcJit. Natl. Bank,
A. A O N. Y. A Sun Francisco.
iKg.
A J. N. Y., Fisk A Hatch.
7g.
A J Sacram'o State Trcjis.
7g.
A J N. Y., K. Kellv A Co.
Y., Fisk A HaU'li.
A. A O,
%' J. A J. N. U. 8. Trcjuinry.
N. Y„ Fisk A Ilatcb.
J. A J,
%'
U. 8. Treasury.
6g. J. A J N. Y., Fisk A JIatck.
do
do
g. J. A J
do
do
8
J. A J.
do
do
««• A. A O,
A J N. Y., Nat. City Bank.
7
1. A J N.Y.,M.K.Je8up,P.ACo,
7
A. A O. Philadelphia, Penn R.R.
7
$8(K>,(KX>
300,000
ItondH for Kt<-a>iiHhlpH
Central of /(>(/*«— I st mortgage gold, coupon...
'2t\ mortgage, golrt,i)'4r0(>0 per mtlo
Central of S'ew Jersey—Btovk
Z7
Ma.\,
July,
July,
July,
1895
1879
1889
1878
1878
A Ohio.— After the panic, default
interest.
Net earnings in 1874 73.
Ucceiver appointed October, 1875. and
proceedinirs will probably be had for
foreclosure
A very complete
tile purpose of re-organization.
statement of outstanding liabilities and the plan ot
re-organization are given In V. 21, p. 509. (See V.
20. p. 162, 1*4, 3.57; V. SI. p. 323, 371, 417, 411, t34,
5(i9,;612; V. 22, p. 42, 87, 13 J, 280.)
Chesapeake
was made on
$;}46,8(>S.
Cheshire.— Set income,
dends, 4 per year. (V. 18,
1874-:.5. $76,987.
p. S95; V. 21, p.
Divi-
59 1'.)
$21,976,503
V.
(V. 19, p. 846;
20, p. 80, 264;
V.
21, p. 253.)
Central OAio.—Leased to Bait. A Ohio RR. in 18»i«
for 2 years, rent 35 per cent of gross receipts for 5
years, and 40 after. Pays 6 per cent dividends.
Chester Valley.—ln hands of trostoes and leased
Reading.
to Philadelphia
A
1
Central Padfie.—Oritn^ earnings i-i 1874 were $14,531 ,355 (currency), and net earnings $S, 682.378. Land
grant statement. V. Il, p. 130. An alistract of the
annual report for 1874 is uiven in the Chronicle.
V^ 21, p 25 I andT!aniincs and expenses later, to
July, 1875, on p. S42. showing net earning" for six
montiis of $1,229. 7J'3 in mixed coin and currency.
Regular dividends of 8 per cent a year now to be
declared. A settlement with bondholders of California Pacific has been proposed, by which the Central Pacific guarantees certain
new bonds to a
limited unionnt
(V. 20, p. 8, 37, 42, 178, 181;; V. 21,
,
p. 159, 488;
V.
22. p.
lil,
233.)
*A«ry«™.— liCased
(V.
to Pitts. CIn.
»,
for 1875 Is given at
and shows groes earnings of
$4,1.56,76.3, and net eaniings of $i.0B8,fi 8. against
Joliet A Chicago RR> is leased for
$2,.3.38,&76in 1874.
interest on stock and bonds. St. L, Jack. & Chic.
Icnstli in V. 22, p. 2.55,
Railroad leased at $240,000 per year. Louisiana A
built and operated nnder contract. (Sec V.
The Chicago A Illinois
19. p. 4';9; V. 20, p. 189.)
River bonds had not been sold to .laniiary. 1876,
and there was some litigation. (V. 18. p. 3.50; V. 19,
Mo. RR.
p. 16, 479; V. 80, p. 176,
612; V. 82, p. 2.56.)
265, 369, 500;
V.
21, p. 185,
Chicago, Burlington <ft guincy.—Stock was issued
exchange for that of the Burl. Mo. River in Sept.,
Gmss earnings for 18i5«ere $11,791,301: expenses, $n.430,122; net earnings, $.5.3«I.23.H; interest
charge. $2,01 1,7(i9. Tlio C. B. A Q. lease! niim«roiis
bra«<;h roads, giving ihem a trafiic gnaranlee insuaily
40 or 50 p. ct.) for purchasing their bonds. Knough
of the consolidated nioitgage is reserved to take up
In August, 1875. stock of this
prior debts.
Company was issued in exchange for Burlington
Missouri' River Railroad stock, and the same is alfr
mven tor the convertible Iwnds of Burlington
Missouri River Psilroad. (V. 2-1, p. 1.5, T, 60, 18*
335,499: V. 22, p. 231)
In
A
Charlotte, Coliimiia
.dtjflwfo—Stock 1« $2,578,000. Net oaraings in the year eliding September .30,
1875, $250,0y4, against $22."), 73') the previoss year.
Increase in locjil business, 19 per ceat. (V. 31, p.
590; V. 22, p. 134.)
operated bv Penn. Co.
Chicaero <6
AUm.— The report
A
St. Louis, and
to lessor.
Net earnings go
p. 427.)
Cherry Vallev, Shar. <C .4/.— Transferred to Dela.
ware & Ilndson C^anal Co., April, 1875. Interest
unpaid in December, 1875. (V. 80, p. 404.)
1875.
A
A
;
..
.
.
;
RAILROAD STOCKS AND BONDS.
xn
[March 25, 1876.
Sabacrlben will confer a creat ntvor bj civlmK Immediate noUee or amy error discovered In ttfeae Table*.
Bo»irf«— Prlncl
INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Slzp, or
pal, when Doe.
Par Oiitatandinir ^aW per Wbcn Wlicro Payable, and bJ^ Siockg—ljmi
of
For exploBatlon of cohiinn headings, &c., sec notes of
uutstanamg
on
page of
first
Koad, Bonds
tublcs.
—
.
I
& Warsaw, ] st mortgage .... "'^"te?ed
Keokuk * St. Paul, 1st mortgage. ... '<'»n'''e™"'
Albia Knoxville & Des Moines, 1st mortgage
Quin.y
J
Chicago
$1,000
Canada ffmtthem—lBt
mort., gold
Chicago, Cincinnati d: ljoni«HUe~\9ii mort
Chic.t Clin, rf />»//>.— Ist mort., coup,, regis'ble
Chic. Ilanr, it Vin.— 1st mort., gold, sink'g fd
Indiana exten., Ist mort., gold ('Jdniort on 114m)
Chicago, Ihtbuqnctt Minnc^ta— 1st tnort
Chicago d: Iowa 1st mort., roup., may be rog
Chicago, Iowa rf Nebraska Stoek
<£
1870
1870
1870
1869
1875
1872
1867
1871
1869
1872
1871
1871
70
44
40
43
—
—
73
(!0
114
21
131
80
82
82
2d mortgage (now Ist)
82
do
(now2d)
3d
195
Coupon,
OMc, <e Mich, L, Shore— iKt mort
f
195
but
1st mortgage
195
Ist mortgage
may be
52
registered.
iHt mortgage, on branch
Chicago, Milwaukee it SI. Pant- Com. stock
1,399
I
I
I
Preferred st'ck (7 p. c. v'rly, not I'lnnnlative)
fonROlidatcd mortgage (for $35,000,000)...,
mortgage
2d mortgage
1 St mort gage Iowa & Minnesota)
1st mortgage (Minnesota Central)
1st mortgage (lowa& Dakota)
1st mortgage (Prairie du Chion)
2d mortgage (Prairie du Chien)
Milwaukee A: Western
Us
(
Paul * Chie. Ist mort.,
1st mortgage, Hastings <fe
1,000
500 Ac.
1,000
1,000
.500 Ac.
1,000
1.000
1,000
1,000
1,000
100
100 Ac.
500 Ac.
1860
1863
1869
1870
1871
1872
376
370
220
49
S a
As
f & £ (conv.)....
Dakota
235
235
iso
75
mortgage, Chicago «& Mil. line
85
Equip. & bridge bonds (may be paid in 1878)
Western Union, Ist mortgage
197
^ ,
Ghicago i£ Norlhweslcrn—Cxnnmon stock
1.459
Preferred st'ck (7 p. c.y'rly, not cumulative)
1,459
Bonds, pref. (sink'g fund), 1st mort., Chic, to Osh. 193
Interest bonds, funded coup., 2d m., t;hic, to Osh.
193
l«t
1st mort.. general, 3d mort.. Chic, to Oshkosh
Appleton <\\ten., 1st UH>rt. on 23 miles and land..
Green Bay exten., Ist mort. on 26 miles and land
1st mort., (lalena & Cliicigo Uu. RK. extended..
Mississippi River Bridge b*ds, lien (m net earnings
Elgin & State Line Railroa<l boiuls
1st mort. (Peninsular KU.) on roads jind hands...
l8l mortgage (Beloit <fe Madison Railroad)
C(msol. sink'g f'd M., (all above convert. Into this)
Madistm extension, Ist mort.. sinking fund, gold.
193
23
20
248
1,000
I'.oo'o
1,000
1,000
1,000
2d mort.,
do
do
C
A
&
—
—
2d mortgage
Chicago, Ituck Island tt- Pffl«rtc— Stock
1st mortgage, sinking fund
Branch bonds (sinking fund $40,000 from 1877
Chic. & S'we,stern, Ist wort., gold (guar in cur)
CTilc. & S'western, Ist mort., gold, not guar
Cincinnati, Hamilton rf- Dayton Stock
1st mortgage of 1853
).
. .
—
2d
3d
do
1865
do
1867
Consol. mortgage (for $3,000,iKI0)
Ham.
I. (.Tunction) RR.. Ist mort., guar.
tf: Chicago
Istmort., gold
ConMolldatcd mortgage
Cin.
,\-
—
Cinciminti, Latatfctle
Ci}>.
*! .l/a/'/(i(.sT///c-
Ist inort.,giiar
by
lessees
d: Muskingum Yatletf— 1st mortgage...
Richmond d; Chicago— let mortgage
Cinrinnali
Cin.,
.
2d mortgage
Cin., Richmond
Chicago
&
d;
Ft.
W.
— 1st mort., gold,
Canada Southern.— CoaneciioTi
ada Souihem.
Chicago, Clinton
ik
&
— No informa—This road defaulted
Louisville.
Dubuque.
was
bnilt by^conetrnction
which directors of C. B.
Q. were
(V. 20, p. 85, 1^4; V. SI, p. 14, 613 )
It
of Can-
Interest not paid.
Chicago, Cincinnati
tion furnished.
in IST^.
guar
A
companies
in
stockholders.
Chicago, Danville tfe Vincfnnes.-~T\\erc is also a
2d mortgage for $1,000,000 and a chattel mortgage
of $1,000,000, most of which arc pledged. Defaidt
was made In 1873, and coupons partly fnnded, enhsequently receiver appointed, and litigation in progress. (V. ao, p.
404, 453, 499, 570;
1.5,
43, 60, 241, 266, 28H, .313. 357, •i»-i,
21, p. 157, 185, 347; V. 82, p. 87.)
250
50
60
60
60
60
60
98
75
75
38
148
36
36
90
477,000
1,280,000
12.274,483
2,154,000
5,909,000
1,091,000
3,810,000
190,000
837,000
3,674,000
1,315,000
234,000
4,000,000
467,000
2,500,0<K»
245,00t>
& J. New York and Boston.
& O.
Boston.
A J. New York and Boaton.
A. A O.
Boston.
J. A J.
7g. A. A O. N. Y., Union Trust Co.
J. & J. N. Y., Fai-ni. L. A T. Co
7
8
A D. Bost., C, B. A q. Office.
7g. A. A O. New York, Co.'s OIHcc.
do
do
7g. A. A O.
8
J. A D, Bo.st., C., B. A Q. Office.
8
A J New York and Bostt>n.
5
A J. Boston, by Treasurer.
A J Boston, Merchants' B,k.
7
F. A A New Yiu'k, Park Bank.
7
A S, N. Y., Farm. A T. Co.
8
A J, Bost., Treasurer's office.
8
M. A N.
8
do
do
8
M. A 8,
do
do
7 s. J. A J.
New York, Office.
14 bds. J. A J.
do
do
July,
A.
Oct.,
J.
July. 1890
April, 1870
7
7
J.
7
8
7-3
7
7
7
7
g.
1871
1870
1870
1873
1873
1871
1871
100 Ac.
1,000
1 .Otttt.OOO
10
1,0(X)
1
500 Ac.
1,000
1.000
1,000
100
1866
1875
1869
1871
1,000
1,000
100 Ac.
1,000
100
f853
1865
1807
1876
1873
1871
1874
1865
1870
1866
1869
1871
,000
i ,000
1,000
1
3, .500,000
2,808,000
700,000
300,000
24,999.700
9.000.000
1 ,000.000
5,000,000
1.000,000
3,500.000
312
31a
7
7
7
7
7
7
7
6
7
7
7
7g.
Vg.
7
7
8
Vg7
8
8
4
7
7
4
7
1,846,000
1,120,000
471,000
400,000
1,500,000
500,000
65,0tl0
1,800,000
7
7g.
7g.
7"
7
7
7
7
R.
—
m
Iforlhwest— The fiscal year ends with
May. The last annual report will be found in the
Chronicle. V 21. p. '206. The net surplus of the
year on the Chic. A Northwest, lines proper, after
paying interest, was $1 ,.366, 167, and on the whole
<t
m
Chicago
tfc
Michigan Lake Shore.~Thc
first
mort-
gages, main line, have trafllc agreement from Michigan Central. In default for lnte^e^t since July, lb73,
except on
bonds
$477,000. (V. 17, p. 188, 211
18, p. 14; V. 19, p. 847; V. 20, p. 60, 31*,)
first
Chicago. Milwaukee tt St. PauL—Tbe
is a comparison for three years:
1875.
Miles
Stock
Debt
Earnings ...
CD. expenses.
Net
The
1.899
$27,673,744
87,129,000
8,2.5.^743
5,170,.354
;
V.
following
1874.
1,399
1873.
],399
$27,«73,744
27,119,610
$27,673,744
26,287,610
8,9.5.3,017
9,016,123
5,871,116
3,081,900
6,;fll,5«0
earnings.
3,085,389
8 451,663
Issue of consol. bonds of 1875 was made to substitnte for that of 1874 ; of these bonds $27,339,000 are
reserved to take up old debt. The'dividend on pre-
1874-75
187.3-74
1872-73...
1871-72
1S7(V-71
1869-70
.
$12,707,126
14,410.124
12,736.607
11,402,161
11,694,914
18.6;«,428
1, 1905
1H93
1884
1897
1S94
1899
1898
1898
1891
Jan., 1902
1902
July
do
do
do
do
do
do
do
do
A J.
A J.
A J,
A A.
A A
A J. New Y'ork, Office.
A
London and New York.
A J. New York, Office,
J. A
do
do
li{03
J. A D.
New York, Office.
June 1, 1883
F. A A. N. Y., Mil. St. Paul RR.
Feb. 1896
A D. New York, Co.'s Office Dec. 28, 1872
do
J. A D.
July 15,1873
do
F. A A.
do
Aug. 1, 1885
do
M. A N.
do
do
May, 1883
F. A A.
do
Aug. 1, 1885
do
F. A A.
do
Aug. 1, 1885
do
do
F. A A.
do
Aug. 1, 1885
F. A A.
do
do
1882
do
J. A J.
do
Jan. 1, 1884
J. A J.
do
do
July 1, 1878
M. A 8.
do
do
Sept. 1, 1898
do
J. A J.
do
Jan., 1888
Q.~F.
do
do
Feb. 1, 1915
A. A O.
do
April, 1911
do
J. A J.
do
July 1, 1898
do
do
J. A D.
do
Jimc 1, 1911
J. A D.
do,
do
Dec. 1, 1902
J. A
do
de
Jan. 1, 1887
M. A N.
do
do
Nov. 1, 1907
do
A D.
do
Dee. 1, 1916.
A. A O.
do
April 1, 1878
do
A. A O.
do
do
Oct., 1900
M. A S.
do
Juno 1, 191.5.
do
J. A J.
July 1, 190.3;
F. A A. N. Y., Farm. I.. A T. Co Aug. 1, 1901
A. A O.
1891
A. A O. New York, Co.'s Office, April 27, 1876.
do
A J.
do
1896
F. A A.
do
do
Aug. 1, 1895.
M. A N.
do
Nov., 1890
do
J. A D.
A. A O. N.Y.,Wiu8low,L.&Co.
Apiir,'i873
M. A N.
do
do
May 1, 1880
A J.
do
do
Jnlv20, 1885
do
J. A D.
do
June, 1876
do
do
1896
do
J. A J.
do
Jan., 1003
M. A S. N.Y., J.S.Kennedy A Co,
Mch. 1901
do
J. A J.
do
Nov. 1, 1914
F. A A, New York, Co.'s Office
July, 1905
A J. New York. Moran Bros
Jan., 1901
J. A J. N. Y, Winslow, L. A Co
July, 1895
do
J. A J.
do
Jan. 1, 1889
A D,
New York.
Jiuie. 1921
J.
J.
J.
F.
F.
J.
J.
i
.1
.1.
.1.
,
,
system. Including pi-orrielary roads, $518,266. The
net earnings of pmprletaiy roads were $282,004. and
Chicago, Dubuque <Sc Minnesota.— DelmMei De- the Interest on their bonds, $1,129,905. Lands of
cember, 1873, same as Chicago CImton & Dubuque. the company are 2,108,643 acres unM>]d. and weii;
(V. 20, p. S>, 13'J, 184; V. 21, p. 14.)
only recently placed
market. In 1874-t), 24,296
Chicago A loiva.—Wm a traffic guarantee of Chic, acres were sold at an average price of $4 78 per
Bnrlington & Quincy 40 per cent for purchase of acre. The nominal surplus balance of the Company,
May 3;, 1875, was $3,6.37,612. Operations for the
bonds. (V. 22, p. 87.)
last six fiscal years compare as follows:
Chicago, Iowa <* JV«ft?(Mio.— Leased in perpetiuty
Gross
Expenses
Net
to Chicago A Northwestern, at 37X per cent of
earnings.
and taxes.
earnings.
gross receipts.
V.
July, 1890
Nov., 1891
Sept. 1, 1892:
Jan., 1871
April 10, 1876'
,1.
ferred stock March, 1874, was paid In consol. bonds,
and the same April, 1876. See statement V.22, p. 280.
The sterling bonds of 1872 are convertible into dollar
gold bonds of $1,000 each. Dividends have been
paid since I^'69 on preferred stock In 1874 7
in bonds, 1873 7, 1872 7, 1371 7, 1870 7 and 3 scrip;
on common stock
1871 7 scrip, 1870 3 cash and 7
scrip.
(V. 20, p. 60. 163, 18!i, 474, 476, 593; V. 21,
p. 38, 186, 253, 612; V. 22, p. 280.)
Chicago
Aug. 15,
Sept. 1880
.1.
8
7
1.600
1,000
1,000
1,000
1,000
1,000
1,000
1901
187»
1888
1892
.7.
g.
g.
1,2.50,000
500,000
500,000
1,
1,
1,
.7.
7g.
7
A O
1896
.1.
10
7
7
.350.000
July
Jan.
July
,1.
Vg-
1,000
1,000
do
do
do
do
do
do
do
do
a" J.
A.
7
7
7
1,
Aiwil, 190»
April, I9i2r
June 1, I89«:
I,.
1,700,000
2,700,000
9,758,000
2.750,000
1,050,000
4,375.000
Ac
500 Ac
June
.1.
1,000
.500
April 1V1902
Jan., 1887
.1.
3,1.50,000
Ac
1,000
1,000
190O
1890
J.
500 Ac
.500
500 Ac
175
28
75
02
150
70
64
674
359
211,.500
Dividend.
8
8
8
1,000
1,000
1,000
1802
1853
1870-1
137 1871-1
1st M. exten, gid, Land gr., s. f
I-a Crosse, Trenip.
P. 1st nn>rt,, guar.
A- N.W.
Iowa. Midland, 1st mort., guar, by Chic.
N. W..
Northwestern Union, 1st mortgage, gold
Chicago rf Padttcah 1st mort^gage
Chicago, I'ekin rf Southwestern ist mortgage
..
1,7.50,000
3,838,200
568,200
Wliolu
8
8
3,500,000
14,993,060
21,484,113
1,238,700
740,300
3,578,000
146,000
265,000
1,692,000
186,000
122,000
328,000
284,000
4,277,000
100
100
100 Ac,
100 Ac,
100 Ac,
500 Ac,
1871
1872
do
do
4„425000
1.5,399,201
1,0(K)
1859
1862
1859
Ist mortgage, 2d Hen
85
120
Ist mortgage, gitld
Gen, cons, mort., gold, eonp. or reg. ($-18,000,000) 1,058
Winona &, St. Peter, 1st mort., guar by Chie.&NW. 137
& Milwaukee,
1,IK>0,000
1 ,.500,000
2,.500,000
l,50O,0<X)
3,.523,0O0
1,3.50,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1863
1863
1865
1871
Menominee extension,
2,.500,(KK)
100
100
1875
1863
1864
1867
1864
1860
1868
1868
1861
1872
1872
1873
1873
1866
74
46
779
126
Chicago
$1,131,000
933,000
756,000
746,000
402,000
1,000
1,000
1,000
1,000
1,399
1 St
St.
500 *c.
payable
pg„j
Value.
—
Chicago^ Bnriinglon rf Quincy (Conlimiedi
Oltiiwa, Oswego & Fox Klv., 1st m. l f.„,„,,,„
Illinois Orand Trunk, Ist mort
,„,. ,1,'i.l i.«
$7,984,694
9,a34,450
8,178,237
6,810,026
$4,723,. 31
6,3 1,,506
8,'Jl3,317
5,.383,408
5,075.673
4,568,370
4,592,135
4,528,111
The trust deed of the gold loan provides contingently for a possible issue of $4,1,000,000. bv nltlinately absorbing all the other bonds and also nil
subsequent issues, including all the bonds of the
proprietary roads of the company. toL'cther asgregating $35..349,000, wliich amount Is reserved from
the $48,000,000. The resldne of the gold loan, viz.,
$12,651,000, represents all the additional indebtedness resulting from the mortgage.
Dividends
have been paid— July, 1878, '^j^ on preferred
December. 1872, 3Ji on both; June, 1872, 3X on
preferred; December, 1871, 3>f on preferred; Jnne,
,1.
on both; December, 1870, 5 on both;
2 on preferred; December, 1869, 5 on
common; June. 1869, 5 on both; December. 1868. 5 on both. (V. 19, p. 205, 375 588;
1871,
5
June,
1870,
preferred. 4 on
V.
20. p. 136. 186, .593;
Chicago
<fc
V.
21, p. 109.)
Paducnh— Completed
In July,
(V. 19, p. 16; V. 20, p. 357; V. 21, p.
Chicago, Pekin
Gross earnings
&
first
half
of
li-74,
$.3:1,720.
Chicago, Hock Island
vear eliding April I,
$:3,256.684 In 1873-74.
was
1874.
8,5.)
Sotilhwestem.— Opened
rf;
Pacific.
187.5,
'
In 1873
$66,.346; net,
—Net
receipts In
against
for year
$3,543, ;s.3,
The income account
as follows:
Gross rcccipls, $7,399,613: net
dividend payments, $1,678,381;
$755,000: surplus for the year, $1,109.H99.
Chicago
Southwestern road is leased and
Interest guaranteed on $5,000,000 of its bonds
the others are in default. (V. 20, p. 614; V. 21,
receipts,
interest,
p.
.38,
J;j,5:34.283;
Ac,
A
186, 2.i8.)
Cincinnati, Hami'tot tt Doyton.
—
See report in V.
«2, showing netincome of $197,192 in 1874-6.
Investigating Committee's report. V. 20, p. 357.
•21,
p.
(V. 19, p. 183; V. 21. p. 62; V. 22, p. 280.)
Cincinnati, Lafayette tt C/iicayo.—lMtayette, Ind.,
to Kankakee, 111. Gross earnings in 1874, $4.53 717
net, $223,488. Cost of road, Ac, $3,752,870. (V. 20.
p.
568.)
Cincinnati it jl/orHn(ir«fe.— Recently leased again
to the Ind. Cin.
Laf.
Interest in default some
years. Receiver appointed, Feb., 1876. (V. 80, n
289; V. 22, p. 232.)
Cincinnati
Muskingum Valley.- Is leased for 90
years from 1873 to PIttsb,, Cin.
St. Louis fornet
earnings, but bonded interest is guaranteed. Deficit
to lessees in 1874 was $115 238. (V. 30 p. 427.)
Cincinnati, Richm/ynd cfe (7A7caf70.-- Leased to Cin.
Dayton, which owns inost of the stock
Ham.
Net income above Interest, 1874-5. $2.5,683 (V 91*
&
A
A
&
p.
62.)
^
'
Cincinnati, Richmond tt Fort Wayne.— Leased to
Grand Rapids for 99 years. Interest on bonds is
puarante ;d by Grand Rapids, Cincinnati Hamilton
& Dayton, and by Pennsylvania Co. (V. 80, p 15)
.
.
.
;
March
BAILROAD STOCKS AND BONDS.
25, 1876.]
zvli
SabMribera will oonftr • creat laror by kItIus Immedtate notice of anr error dlscovare* ta theaa Tables.
/loMrf»— PrinciINTEREBT OR DIVIDENDS.
IJESCKIPTION.
MUCH Date SI/,o or
pal, WliiMi D-e.
Ainomit
of
of
Ilato nor Wh«n Where Pajralilo and b}'
par
KliKka- I jmt
For explanation of column lieodlngg, Ac, see notes
OutntaniliiiK
on
tli'Ht
pngo of
Roiul. BouiIk
tables.
—
Value.
171
171
Cincinnati, tSamhisky t£ Clevelaiui Stock
rrefnri ucl stock
Mort^aKo bonds, BanrtuHky, Diiylon <fe Cincinnati
SanrtUNk) illy ife Ind
<lo
50
80
48
Cin., Wah. tH .l/ir/i— 1st mortgage
VUrfiftnil, Coinmbtis, Cineinnttti tf /Hf/.~8to(ik..
Ist iiiiiilgiigc (C., ('.
V. UK.) l)i'J.'),0<H) a year. .
ilo
{Bel. A. Ind.) excli. for new niort..
1,0(N)
1,(H)0
1,000
KM)
471
KtS
.
sinking fund
:i!K)
Coiiwilldated niortgiigc (for l)i7..')00,0(K))
Clecfi/nttI tC- Mahiniinff V<Ulty Hlock
Isl innrtgafre. ex (elided
.Sinking fiiiiil, :iil imirtgagc (now 2d)
NiliH it New l.iKlimi, 1st niortgago
300
1874
«7
«7
1873
1857
1870
1870
1871
I.
—
Clftelaiid,
I
'
Vernon d: Dcl.—lni mortgage, gold..
(
'iiliiiiilins Extension
ill.
145
mortgage,
si
50
Ac
500 Ac
3,(HMI,(MI0
2,500,()tM»
2,75I),21M»
1
',(')<
K)
1,000
I
iiiisinirtliin
stock
and
ei|iiipiiieiit
Vftilr;/ 1£
50
l!»i»
sinking fund mort. for $.5,000,000.
Tujtrurwr(t8
7 or 6
SHi
?«
7
7g.
7g.
1,3.50,000
050,(M)0
1,000
1 ,000
1,000
1,000
18fi2
18(17
1!»!»
bonds
Wheeling — Istm..
1873
18
18(V8
100 Ac,
Coloniilo Cenlral—lut mortgage, eonvertlblo
Cohimhiin (C- Uiichiiifl Vallr!/—HUie\l
Ist niorlgage, sinking fniid bonds.
1 St mint gage, l.iigan & StraitsvlUc Brancli
2d inortgauie Imnds
Columbxts, Vhiciiaoit Indiana dentrnl—SUwk
Ist mortgage Columbus, chic. A Iiid. Central...
80
1870
1,0<W
1,8,55,250
8!)
584,000
7«
laiiV
500 Ac.
13
80
587
1870
1H72
I.IHIO
I,(MKI
300,000
656,000
1808
100
1,000
13,328,568
10,428,000
451,000
2,632,000
775,000
do
(Chicago »k Great Eastern)
do
(Columbus ic Indianapolis Central)
do
(Union i& Ixigansiiort)
do
(Toledo, Logaiisiiort& Burlington).
do
(Columbus <& Ind. 1st and 2d prof.)
do
(Cincinnati & Chicago Air Lino)
2d mortgage (Columbus & Indianapolis Central)
do
(Indiana Central)
do
(Chicago & Great Eastern construe.)
do
(Columbus, Chicago & Ind. Central)
Income eonvertihie
do
do
1865
1,500,000
531,5(K)
309,.500
217,7.50
. .
Cotumhus,
821,000
166,.500
341,100
3,7.50,000
2,5.54,000
Burlington)
<fc
74,024
Cincinnati— Xnt mort
Sjirini/rtrlil <(
45
70
55
35
41
144
110
110
Cotitmttns if- Xenia— Stock
1st mortgage
r
Concocfl —Stock
rarlsmouthSUicM.
(loiu'ocil iC
Cnnnfcttcttt
New
rf
Pttssnm/tsic
—Stock.
$1,500,000)
1st mortgage, sinking fund
Notes, coupon
tgiiao. (for
1
Massawippi st'k, gnar. same dlv. as Conn. & Pass.
do
bonds, guar, by Conn. & Pass
•
1871
(sinking fund now $148,931)
i'niinfclirul V«//r//— 1st mortgage
Con Uf't'lii'itl iVrsfcrn 1st niortgago
—
(
f'/n/(t.)--lfii
mortgage
Vtimtirrliind rnHcj/— .Stock ($tSl,i)00 preferred)
Ist mortgage
....
'
—
Dttncitic, ThKlcttm d- Witfcettfm.rr€ 1st mort
Diinrillr. frtinnd, lU'ton
Pckin—lut M., gold,
Cincinnati, Sandmkt/ A Cleveland.— In the year
:M, 1875, gross earnings were $857,695;
expenses, $5(>1,7T5; net earnings, t2B5,919, or just
about 8;iO,()00 better than in 1873-74. (V. 81, n.
'
ending June
Cincinnati <t S/^riny/JeM.— Leased in
perpetuity
with guarantee of interest
is also guaranteed
Cincinnati, W'lhaxh <« mcliignn.—V!L\& interest
•lanuary, 1876, to bondlioidirs not consenting to
page, and allow funds to be used for completion
of road. Some bonds held by Lake Shore
Michi
A
gan Southern, but no indorsement by that company.
^
'
1.58.)
&
Cleretand, Cotumhus, Cincinnati
rnriianap.—By
the latent annual report "nrplus on interest in 1875
was$5iin.2fil. Netearningfiin I8-5, |il,047,31t, against
*l,0«i451 in 1874. (V. 20. v. 241; V. SI, p. m, 85);
V.
2'J,
p.
8.-.r.)
Clevelaivl <t Mahoning ra/fev.- -Was leased to Atlantic
Great Western, but that company defaulted
on the rent. See V. 17, p. Sli; V. SO, p. a5, 139.
&
Clevttaiul, Mount Vernon <ft /)«;awar«.— Defaulted
and made compromise by whicli all the
coupons due July, 1874, and one-half of coupons
from January 1, 187.5, to and including .July 1, 1877,
arc 10 he postponed to .Ian. 1, 1885, and the reraain'"
P"'^ ** ""-y mature. Gross earnings
lo~-
July. 1874.
I8..1,
^
^
tias.027;
expenses,
(Sec report, V. 20, p.
$389,.3()0;
net,
$96,667.
38 0.)
Ctetdand A Pi/faftwr^A- -Leased November, 1871
to Pennsylvania Railroad Co. at 7 per
cent on stock.
Dejjdes cxpunses and interest. Report for
1875, V.
ii, p. ao«, showing
surplus of $i;a,383 over all
expenses, interest, Ac.
CUreland. Tuicarawat VaUey * WiMllng.—TUa
road was sold under a Sd mortgage,
Jan. 27. 187S
and re organized. See V. SO, p. «!, HO,
338.
ColebrooMale.-lAinsf.& to Philadelphia
No dividends paid on stock.
ing.
803,.5(X)
648,000
1,'
7,8,50
&
Read-
161,000
109,.500
81,800
600,000
500,000
1(K)
•60-'72
100 Ac.
1868
1869
1871
2(K) Ac.
1,000
1,000
100
50
1871
18.56.
1867
1869
61&64
1,000
1,000
1,000
500 Ac.
1
,400,(MM)
2,(MK),0(M)
20.(MM) p. in.
2.393,(M)0
1,278,KX1
1,870,<MM>
441,000
356,000
105,500
•
1H7S
19O0
IM77
D. N. y., irnlon Trust Co,
O, N. Y., Union Trust <,'o.
Dee.
April
IHtIO
1,
I,
1901
1!M»2
Wabash,
J.
Y„
N,
A.
V. 8. Trust Co.
do
do
do
N.
D. New York or
<lo
II,
do
do
J.
H.
.1.
J,
Until 1899
I>>iidon.
May, I Sim
Juno 1, 1914
nevf land oni«e.
N. Y., Ward.C. ACo.
Cleveland, at Glflce.
N. Y., Union Tnist Co,
N.
A.
ti
July I, I HOI
Keb. 1, IH76
June, '75 to '84
tnillann.
Sept. 15, 1876
Jan., 18(M»
Aug.
1,
N.y„Wlii»low, L. ACo. Jan.
do
do
Jan.
1,
1,
1893
19O0
1901
tk
Hocking Vrt'fcy.— Gross
<),
('.
'>
earnings,
1874, 1717,490; net, $357,077, ai;ainst$376,159in 1873,
See annual report V. 20, p. 47H.
—
Co'unt^uA. Chicago eft I'-diana Central. This was
a consolidation (Dec. 4, 18()7i On.Iannary 22, 1869, it
was leased to the Pittsb. Cin. & St. Loms, the lease
being guaranteed by the Pennsylvania Railroad.
A new or amended lease wa-* made February
1, ISro, also guaranteed by P. R.
The firt lease
fiaranteed interest on $15,000,000 of first and
),000,000 of second mortgage bonds, the amended
ase on only $15,821,00(1 o7 first and second bonds.
Aug., '74, default was made on the $.5,0(W,000 seconds
and suit Is pending. The Presidents of the Pittsb.
Cincinnati & St. L. Company, lessee, and the Pennsylvania Railroad, guarantor, wrote a joint letter to
the trustees of the $15,821,000 mortgage bonds,
authorizing pnblic notice to be given that the
interest on the said $15,821,000 of bonds would be
regularly paid bv the Pitts. C. & St. L. Co.. but
the interest on these has not been paid since Oct.,
1875, and suit against the Penn. Railroad is pending.
Net earnings, 1874, were $933,990. (V. 20, p. 29, 61, 140,
162, 241, aiS, 355, 382, 4'i6, 693; V. 21, p. 13, SM7,
6U,
584.
CotitmJrtts
tl
Miami
burg Cinn.
<fe
Xenia.—TWiH road is leased to the Litand both reads for 99 years to Pitts-
Co.,
A
St.
Louis Co.; the lease
is
guaranteed
by Pennsylvsnia Railroad, and the terms are 8 per
cent on stock and interest on bonds.
Oon«jrrf.— Pays 10 per cent a year; net receipts in
1874-5, $310,904. (V. 20, p. 499.)
Concord <8 i^)r<»mo«<A.— Leased to Concord RR.
at $25,000 per year.
Conne^icut 4 PjwwmpMO.— Annual report tc
June, iff75, showed net earnings for year $2iSi,875,
against $272,790 In 18T8-4. Dlv. passed Aug., 1875.
Tne new mortgage of $1,500,0.0 will retire previoof
issues.
(V. «1, p. S17.)
M.
(>,
22, p. 61.)
lolMndus
J.
*
Colorado (7tn<ra^,— Built by Union Pacific, which
holds the bouds, $5,270,593 in all. (V. 21, p. 85; V.
591.)
on first mortaagc half of interest
by Lake Sh. & M. S.
33
33
142
142
142
142
141
Toledo depot (cost $353,940) ist and 2d mortgage
(V. a;, p.
3,000.000
.50O Ac.
51
mortgage
3d mortgage
I.,
1
2.50,000
,0<M),000
5oO Ac.
170
2(1
A
400,0<M)
210,000
2,100,000
1,000
1,000
50
117
rxirenfmrt d SI. I'aHl—lut mortgage, gol(l.
Ihuilmx d- WirAir/rtH— Common stock
P|.,.fi. ,.,.,., I stock, (8 iH-rccnt. guar. C. H. <& D.).
1st TiHMtixage, siiikin ; fund.
,.$30,00'
),OOOpor year....
to Clov. Col. C.
607,500
400,000
KM) Ac.
Dunlturif
a
350,000
9!)6,O0O
1866
1868
38
3S
82
52
52
2d niortgago
Common bonds
d: Norwalk—Stnck
2d and .Sd mortgages
1,,500,0<K)
2,175,.500
670,.500
2«»,.500
7
Cuntln-ctitnil tf- rcunsi/lciniiii
1st mortgjigc
2d iunrtga;.;e, sink ill;; fund. (gii;i,i'jmteed)
1 St,
302,000
50
100
100
1873 100 Ac
1856 100 &e
66-'71 100 Ac
100
1869
1,000
1875
ioo
18,58 500 Ac
1871
1,000
1870 500 Ac
56
44
68
Ist iii"itgii(,'e
l,7a(>,200
1,000
"58
—
1,000,000
50
'38
38
ronnrrlirtil Cciilrnl—lHt niortgago for $100,000...
Coinm-Hrtit Ifircr .Stock
{'ttiinrrfinij
1,
I,
H<-pt. I,
Nov.
Aug.
i\
6
7
7
7
6
1,272,000
.50
(Toledo, I.ogansport
do
do
do
N. Y., Kami. L. A T. Co March 1, 1876
do
A
do
Jan., 1892
A
do
do
Nov. 1, 1900
do
J. A
do
Jan, 1, 1913
Cleveland, Ohio.
Plilla., Co.'s Offlce.
J. A
June 1, 1898
Boston, Trcas.'s OfHcc. June I, 1890
J. A
V- F. A
Feb. 10, 1876
N. Y.,8t, Nlch.Nat. B'k Oct. 1, 1897
7
A. A
do
7
J. A
do
July 1, 1880
do
7
J. A
do
Jan. 1, 189-2
"7"
A. A O. N.Y., St. Nlch. Nat. B-k
April 1908
Various
do
7
do
1 893 to '95
do
Nov., 1904
7
J. A J.
do
A. A O.
do
do
Dee., 1905
7
Feb., 1884
F. A A.
do
do
7
do
Dec, 1883
J. A J.
do
7
Various
do
1886 to '90
do
7
do
Nov., 1904
M. A N.
do
7
7do
do
Jan., 1882
J. A J.
do
do
10
J. A J.
F. A A.
do
do
7
F. A A.
do
do
Feb,, 1800
7
do
F. A A.
do
7
M. A S. N. Y., Union Trust Co, Sept. 1, 1901
7
Columbus Treasury.
Mar. 10, 1876
2
Q.-M.
M. A S. N. Y., Am. Exch. N.B'k Sept. 1, 1890
7
M. A N. Boston, Tower, G. A Co. Nov. 1, 1»75
313 J; A J.
Boston.
Jan. 1, 1876
Feb. 1, 1875
F. A A
Boston Office.
3
A. A O.
do
April 1, 1893
7
do
Dec. 1, 1876
6
J. A D.
Various
1876 to '81
do
7
F. A A.
Feb. 1, 1875
do
3
Jttly 1, 1889
do
flg. J. A J.
Oct., 18!)5
A. A
7
J. A J. Boston, Bost.A Alb.RR. .Ian. 1, 1876
4
M. A S. Boston, Globe Nat. B'k. Sept. 1, 1878
6
J. A J. N. Y., Am, Exch. N. Bk. Jan. 1, 1901
7
J. A J. New York and. Boston. Jnlv 1, 1900
7
Philadelphia.
M. A 8.
1900-'l-".'-'3-'4
6
M. A S. New York, Co.'s Olllcc. March I, 1891
6
M. A N.
do
do
May 1, 1888
6
A. A
Plilltv. and Carlisle, Pa.
Oct. I, 1875
5
A. A O. Phila..T. A.BlddleACe April I, 190.1
8
April 1, 1!K)8
A. A O.
do
do
8
do
do
Jan. 1, 1884
A. A O.
6
1>3
Q.-M. New York and Danbnry March, 1876
J. A J. New York, 18 New st.
1880, '90, '92
7
Pbila. Penn. RR. Co.
A. A O.
Get. 1, 1888
7
April, 1!H>9
7 g. A. A O. N. Y., Farm. L. A T. Co.
July, 1911
7g. A. A O. N. Y., Ixind. A Fr.ankf't
A. A O. Cincinnati.
II.AD.Co
April, 1876
I'-U
A Co. April, 1876
Q. J. N. Y.. Winsiow,
July, 1881
J. A J.
do
do
7
do
Sept., 1887
M. A S,
do
7
A. A O.
do
do
Oct., 1888
7
M. A 8.
do
do
Mar.,'81 A 94
7
'
11,243,(M)2
1 ,096,(KM)
2,7I6.(MXI
1,200,(KM)
2,00O,(K)0
('oli:hntiiktlttte~\nt inert gag'e
Iiicoiiie
g.
H.
990,i)9.l
Clrrrlitinl .(• 7'i(/«fti(r(//i— Uuarautccd
Itli inoT-ti^age (now Ist)
t'liTrhi/ifl,
7
7
487,900
500,000
Tneoiiie inorti^age for fiinillng
CiMiKiiliiliiieil
3
7
630,0<K)
,'iOO
A
A
A
A
A
A
A
A
A
A
A
A
A
A
7k.
228,(MK)
844,(MM)
,')00
202
18(i4
186!)
&
2,0<KJ,(MM)
411, (MM)
1,2<M),(MM)
14,»lll,6i)2
do
do
do
N,
A.
it,
6
1,072,300
1,(MK)
l,(KMt
1,(KI0
Dlvldoixl.
Boston, Onicv.
7
7
7
7
3.50,<K)0
1871
1872
1871
81
&
("., ('.. ('.
429,037
778,000
18.V2
18<i7
WDoin.
Pay'bic
3
3
$4,005,7.50
ia«6
do
Ciiicinnall, Hiiiiiliisky iScClcvo..
Cinrinniili tt Springjiiiit—lnt mortgage, guar.....
2d niort^aj^c
do
Cent.
$.')0
I..
Connecticut Ci?n/ra/.— Leased to Connectimt Valley at a rental covering interest. (V. *22, p. 909.)
Connecticut Hiver.—yct earnings 1373-4. $295,067
1, 1874, $518,039.
(V. SO,
Surplus Recount OctobeS
p.6r.)
Hartford to Saybrook— The
$1,034,600; floating debt, $1,177,000'
$2,83t,819. (Vol. 81, p. 534.)
Connectimt Vallm.
stock p.ild
is
cost of road,
Connicticut
895; interest,
Ac,
Western.SH
Ac,
$'i!l,'i'.6.
earniiias 1874-5, $184,-
(V.8I, p.
61
—Leased to
1.)
&
Philadelphia
Trenton
and operated by Pennsylvania; tertns, per cent or
$1,8;8,3')0 stock and interest on the bonds.
Connecting.
C»tnt>ertand ,f Pennsylrania. -Owned and operated by Consolidation Crml Company, which guarantees second mortgage.
Stock $1,500,000.
Cumt)e^innd rft/icy. —The stork is owned in large
part by I'tnnsylvania Kailrnad Co. Net earnings,
year ending Sent. 30. 1875, $'260,.594. Large advances
nave been made to branch roads. This company
paid 9 per cent In 1871. ' in 1572, nothing in 1873,
but resumed In 1874, and declared 5 per cent, in
October, and semi-annually since.
PanHUe ITazlelon <t ini/A«»<irr«.— Leased, March,
1872, to Pennsylvania Railroad for 33 years.
The
coupons due October, 1874. were purchased by Pennsylvania Railroad.
In default, April, 1875.
(V. SO,
p. 3.3s, 476. 500, 670.)
Dandle
JJrbnia,
S oominqton
I. B. A W.
it
/VVWn.— This is
A Western,
a part of the Indianapolis Bloomlnyton
now
in default.
Sec
Davenport <t SI. Paul.— To be sold in foreclosure,
(V. SO. p. 61, 313, 593; V. SI, p. 441,
2. 1876.
570.612; V. SS, p. 67,281.)
Dayton <t Michigan.— liea-xsA In perpetnity to Cin
cinnati, Hamilton A Dayton for annual interest
bonds. Dividends of 3X per year are gnaraiiteod
D. on common stock. (V. SI, p. 63.)
C. H.
March
A
—
.
..
.. .
'
RAILROAD STOCKS AND BONDS.
xviii
[March 25,
187tf.
Snbserlbers will eonfsr a creat favor by sivlus; Immediate notice of any error discovered in these Table*.
DESCRIPTION.
Miles
Date
Size, or
of
I
Par
For oxiilnnntion
of
of coluiun licudiuKa, &c., see notes
Road.
at tlie heiul uf Unit pnKU of t»bles.
Diwlim it irf«to-«— l»t M., guar. L. M.
DeTmnire Kni7ro«(?—Stock
lOxtonsidii mortgage
I
Bonds Value.
$1,000
$614,000
6&7
50
1,388.023
100,000
3
1856
18.50
500 &c.
1,(KK)
00
18.59
1858
1869
1870
1874
1871
1873
1871
1872
1873
106
118
87
94
94
164
..
it'
23
18(j6
18.53
1853
1851
. .
18.54
18.53
1866
143
100
43
55
55
90
58
270
242
112
112
130
—
—
East Tcnii. & Ocorgia ($03,000 are endorsed)
do
do
new
East Tennes.se and Virginia (endorsed)
2d mortgage to U. S. Government
Hcml Pennsi/lraiiiu—StoKk
1st mortgage
_
Eautern Slwre, J/rf.)— Ist mortgage, convertible.
2d mortgage, convertililo
1863
1863
1870
1868
1860
1856
j
mortgage l>ond«
—
mortgage, convertible
mortgage, convertible
459
459
Western. Leased to Little Miami, and
with that to Pittsburg Cincinnati
St. Louis.
cfc
&
DiUiH'ore
— Leased
by
Philadeipliia
Wilmington
dk Baltimore Railroad for 30 per cent of gross earnings. In 1874-5 gross earninirs were $510,094, and
net receipts therefrom, gl.Vi.O-iS.
Delaware tfe Bound Brook.— Thin is p irt of the
new route between Ne-.v York and Philadelphia. (V.
fi, p.
20!),
257.)
Delaware iMckaioanna
tt
Western.—The
gauge
of road narrowed in March, 18';6.
The company's operations consist in large part of coal
mining and transportation, and no annual report
is issued except the statistics required tiy the State
of Pennsylvania. The Morris & Essex itaiiroad is
leased aud some of its bonds guaranteed. From
the last anunai report published in Ciironici.k (V.
il, p. 84), the following comparison is taken:
Gross
1874
1878...
1872
1871
1870
Net
Stock and
Earnings.
$.5,Mr,fe
Earnings.
Debt.
$3.-244,5i3
$36..W>,-MT
3,3fi9,RlS
35,77.5,769
S9,(,3i,545
6,848,4tiS
4,746,678
S.-W ,481
4,I06,S2J
fiSi, B07; V. 20,
18, pp.
2,709..'iO9
1,549,733
25,923,788
1,240,513
S4,7()(i,S50
p. 85; V. 22, p. 2)2.)
628,.525
377,115
1,702,310
150,866
51,000
S.
&
&
A
6
J. A
8
J. &
M. &
7
A. &
8
J. &
8
F. &
8
8
I. &
8
M. &
7
M. &
8
M. &
7
J. &
M. &
7
6&7 J. &
««• M. &
M. &
A. &
7
8
F. &
7
J. &
A.
290,000
586,000
81,500
450,000
3,200,000
7
7
J.
J.
J.
1,000
1,000
2,.50O,0O0
1,000
1,000
1,000
1,000
1,908,274
2,999,000
730,000
135,000
147,000
190,000
1,000
3
495,900
400,000
200,000
4,997,000
194,400
100,000
1,000,000
7
6
7
7
1,000
1,000,000
570,000
1,000
1.000
1,000
1,000
500
100
100
500 &,<!.
100 &c
1,000
*200
1,000
1,000
1,000
50
100 &c
TOO &c
500,000
78,O(K),<)00
8,.53(i,!llO
2,48;r,ooo
2,174,000
4,852,000
2,937,000
709,500
182,600
3.000.000
4,457,714
12,076,(K)0
14,400,000
10,000,000
2,000,000
291,700
<fe
6
J.
a
M.
.fc
3
6
6
6
Des Moines
<f-
Fort.
Dixlge.—Th'^
is
es Mt'ines Valley, reorganized after
of Jan., 187(5, funded. (V. 21,
*
•j
part of the
f,.
reclosiire.
p. 488.)
Detroit Eel Rlvtr
ffii/ww.— Butler to LogausInd. Opened In 1873.
ort,
,
3.
Phila.,
P.
&
& R. RR.
Jan. 18, 181
do
O.
J.
3.
Boston, Co.'s
do
do
do
do
do
do
O.
S.
N.
S.
188
M.ar. 1,
Jan. 1, 181
Apl. 1, 181
do
July 15, 181
Sept., 1871
April, 1881
Mar.. ISSi
May, 1881
Office.
do
do
do
do
do
do
1882
1892
lyondon, B.'iring Bros.
Mar.
Nov.
i, "isi
& N. New York Agency.
1, 18l
& N. PUila., Penn. R. R. Co.
Nov., 18f
3I3
J. & 3.
do
do
Jan., 187L
3. & J. Pliila.,Penn.Lifc Ins.Co, Jan. 1, 181
7
5
A. & O. Phila., Penn. R. R. Co. Oct. 1, 281
1
N. Y., Co.'s offlcc.
Oct. 1, I'i
J. & J.
do
do
•AH
Oct. 1, 18]
M. & N.
do
do
7
May 1, 181
M. & S.
7
do
do
Sept. 1, 181
M. & 8.
do
do
Mar. 1, 188
7
A. & O.
7
do
do
Oct. 1, isfiJ. & D.
do
7
do
Junc 1, 1S8S
uo
7
J. & J.
do
July 1. 1S91
J. & D.
7
do
do
Jan., 1893
London.
6 g. M. & S.
Sept. 1, 1875
7g. M. & 8. New Y'ork and London. Sept. 1, 1920
Ixmdon.
Mar. 2, 1894
7k. J. & D.
7 g.
Q.-J.
do
Jan. 1. 1903
1% Q.-M. N. Y., Union Trust Co. Mch. 10, 187B
7
J. & J.
do
do
Jan. 1, 18SJ
A. & O.
do
do
7
AprUl, 18911
2i<!
I
I
—
rctxirt
20, p.
Coupons
593.
for
over
$216,000
Eastern (j\fas8.).—henf^es Eastern in N. H.
stock of t49a,.500. Leased Portland Saco & P.
per cent, but 6 accepted by P. S. & P. for 1876
1877.
Company embarrassed 1875, V. 21, p.
Annual repoiit, V.21, p. 569; V. 22, p. 158. Fd
ing proiiosal V. 21, p. 612. (V. 20, p. 177, 242
p. 323, 347, 535, 669, 618; V. 22, p. 42, 61, 87, f
'
|
—
:
Vj
158.)
Mmira
&
Williamjiport.—ljetise& in 1833 to Norf
Rent amounts to $I65,0(
<t-
ern Central for 999 years.
per year.
&
—
Erie. Mr. H. J. Jewett, the president, was ai
pointed receiver May 26. Negotiations for a thir
rail and for settlement with bondholders pendiii
March, 18'fi. Interest on the llrst four mortgapi
Foreclosure suits were commenced und
IB paid.
the fifth and consolidated mortgages, but
February, 1876, overdue interest on 5th mortga;
was paid by Maitland, Phelps & Co. The largct grr
earnirgs ever made were $20,01'^, 606. in 187'3-.3. T
following comparison for four years is from
company's report to N. Y. Stale Engineer for
years ending Sept. 30
Sioux Ce/y.— Leased to Illinois Cen-
tral, in 1867, for 20 years, at .35 per cent
ings first ten years, and ,36 afterwards.
V.
due.
Detroit
Milwaukee. This road was operated by
the Great Western of Canada, but defaulted in '.873.
and negotiations are now pending for settling the
debt. Oftlie lionds of .)unc, 18(i6, $1.2i8,nft0arein tlie
hands of the Merchant*' Bank of Canada, redeemable <iiro,000 per year. The Detroit
Pontiac interest has been paid in whole or in part, and it is not
proposed to fund coupons on those or Oakl.
O.
bonds. (V. 19, p. 118, 271,.350; V. 20, p. 242, 311,
357, 383, 600; V. 21, p 186; V. 22, p. 110, 209, 281.)
of gross earnIn 1874 gross
earnings were $1,067,592.
Dvbiufue Soiitfiwestern—¥iir]cy to Cedar Rapids,
1874,
$117,107— $5,80 below
la.— Gross earnings,
1873.
4
:
Gross
1874-5...
187&-t...
1812-3...
1871 a...
Net
Receipts.
$17,677,746
Earnings,
Intercs
Rentals, A
$4,99^,616
$6,3.i1,;
]8,r,98,S99
20,li;2,6n7
5,0:J5,161
.5.021,1
...
6 871,965
3.42.5.;
..
18,371,888
5,777,88!
2,:!89,'
..
...
The
and
floating debt Sept. 30, 1874. was ?2,532.2
Sept. 30, 1875. reported at $1,421,641. V.
288; V. 20, p. 61, 85. 14«, 453, 477, 621, .570, 5
V. 21. 0.39, 63. 137, 159, 186, 207, 530, 277. 3I>2, 371, 3
441, 591, 612; V. 23, p. 41, 42, 158. 2-33, 281.
p.
East Pennsi/lvania.-'jAias&i to Philadelphia &
Reading at 7 per cent on stock aud bonns. Dividends are per cent per annum.
I
Erie it 71f^«*!(r<7.— Leased in perpetuity to
Pennsylvania Railroad and transferred to Penn.C
the terms guarantee 7 per cent per annum on fltt
Eastern SAor«.—Formerly leased, bnt now oper- and debt.
owB account since December, 1869. Latest 4*6.)
ated (m
by
S.
Phiia.. P.
R. oftiee.
J. Phila., Oirard Nat. B'k.
M.
M.
7
Dunkirk Alletjh, Valley d- Pitt^urg.—\ consoli-(V.
dation, Dec. 1, 1872. Stock, $2,300,000. Road leased
Denver 7'«W;/f(?.~0perated in close connection with and bonds
mostly held by New York Central &
Kansas Pacift'-. Land grant, 1,100,000 acres. In Hudson.
1874 g^-oaa earnings were $310,911; net earnings,
$174,019; total income was $24J,2S', and interest
Duchess «fc Columbia.— In foreclosure.
(V. 20,
payments, $lS(i,f»*S. Cost of road and equipment, p. 15.)
t6,494,35a CV^20, p. 560.)
Ea»C Tennessee Virginia <t (7aWf7U».— Gross earnDenver <t Rio Grande.— Th\a is the principal nar- ings year
ending Jane 30, 1875, were $1,0,59,985; exrow-guage road (three feet) in the United States. penses, $.34'2,46°2, and net earnings, $717,522. Annual
T he whole line as projected is 8.5 miles. Earnings report, V. 21, p. i75.
far have been good.
e o
C capons
Various.
office.
Apr. 15, 181
do
do
1883
do
do
1894
N.Y.,M.K.Jesup,P.& Co.
July, 188
O.
do
do
Oct., 188|
D. N.Y., N.Y. Cent. & Hud.
Jimc, 18
J. N.Y., Brown Bros, it Co
Jan. 1, 19
O, IN. Y.,E.T. Wilson* Co. April 1, 181
J. N. Y., Gallatin Nat'lB'k July 1, 19q
J. N. Y.,R.T. Wilson & Co,
18f«0tol8i
do
July 1, 181
J.
do
N.
do
May 1, 189
do
J.
J.
J.
6g. M.&'S.
&
cfc
Detroit
O. N.Y.,M.K.Jesup,P.& Co.
I
92,.300
A
Duhnque
it
&
A.
,L &
J. &
A. &
M. &
M. &
M. &
J.
Detroit Landing
Lake Michigan. The report
for 1874 is given briefly in the Chronicle, Vol.
20, on p. 28 8« showing gross earnings of $807,097,
net. $31i>,290. Couponson 1st mort. paid half in cash
and half in pref. stock; coupons of I.
L. bonds
paid in cash. (V. 18, p. 376; V. 19, p. 376.)
&
&
&
A.
4
1,3«»9,200
3,510,000
1,000,000
3,000,000
2,000,000
Various
&
&
J. &
?«•
J. &
A. &
3
7
J. &
6
J. &
6
J. &
U
M. &
7
7
500,t)00
50
100 &c.
100 Ac.
100 &e.
100
Si.
1895
1,
Jan. 20, 1876
March 1,1881
June, 1892
do
do
do
do
D.
&
A.
250,000
100,000
110,000
103,206
.500,000
Sll2 I'soa
8112 1805
&.
M.
7g. M.
7k. M.
July, 1870
July
do
do
do
March, 1885
do
April 15, 1880
O.
N. N. Y'., Bk. of Commerce. May 1, 1899
N. N. Y., Riitten & Bonn. Nov. 1, 1900
New Y'ork.
Jan. 1, 1904
J.
J N. Y., Mercantile Bank. June 1, 1891
Fel). 1, 1888
N
do
do
O.
Boston, Co.'s ollicc.
April 1, 1896
D
do
Dec. 1, 1897
do
Feb. 1, 1893
A
do
do
do
Julyl, 1889
J.
do
do
May 1, 1880
N.
do
N. N.Y.,M.K.Jesnr,P.& Co. Nov. 1, 1880
May 15, 1875
N.
do
do
J.
do
do
May 15, 1875
N
do
do
May, 1875
J.
New York & Detroit. July 1, 1886
N. New Y'ork & IjOiidon.
Nov. 1.5, 1878
N. N.Y.,M.K.Je8ur,P.& Co. Nov. 15, 1873
do
April 1, 1878
O.
do
A.
Feb. 15, 188"
do
do
J.
do
da
Jan. 1, 187
S.
do
do
Sept., 1 188
J.
M.
i02
1
417,3(K)
1847
1849
1853
1857
1858
1801
1863
1865
1870
1874
1873
" .
.
398,900
2,457,000
3,024,500
2,200,000
2,064,000
500,000
3,219,000
575,000
1,359,000
770,000
81,000
2,500,000
1,000,000
Jan. 1, 1005
Jan. 1, 1876
Jan. 1, 1880
New York Otfiec.
Q.-J.
M. & S.
3
959
—
,633,000
1,3(K>,000
1860
1803
"
Buffalo Brancli Bonds
l,omr Dock ('it. lunrtgaire
Sterling 1>c>mi1s. cduvcrtihle, «1,000,000
Lstcnnsoliiliitert morlgagi-, gold (for .$30,000,000)
2d consolidated mortgage, 5-20, (for $40,000,000)
New bonds (debentures) convertible till 1883
Erie d: PiUsburji .Stock
1st mortgage, convertilile into consolid. mort
2d mortgage, convertible
1
"•iH
7
7
7
7
When Due.
Storks— Jjigi
Dividend.
J. N. Y., Am. Excli. N. B'k
Dover, Co.'s Oftiee.
J.
J. PIilla.,Girard Nat. Bank
3. Office P., W. .k B. RR.
3. Pliil.,Fid'lity I.T.&.S.t'o
1 ,000,(MK(
50
50
3d mortgage
J.
7
10
73-'74
Inecmie l»mds, 999 years to run
Erie liiiiUeuy Stock, common
Preferred stock (iiref. 7 p. c. v'rly, notciiiuulative)
1st mortgage (extended in 1807 to 1897)
2d mortgage, couvertililc (extended to 1879)
I,
6
5,0f>0,000
1869
1872
1873
1874
<fe
100
500
500 &c.
500
1865
78
78
78
I.
1.50,000
'68-'69
—Stock common
&
&
k
&
J.
J.
/(on(/«— Principal,
by
Wliom.
I'ayable
1,000
1,000
1,000
1,000
Various
i'sIj'g
Willlamsporl
Preferred stock
Dayton
500 <&c.
100 &c.
500 &c.
'
1858
1800
1866
boiuls, Scjit. 18.56
Ton Year Notes due 1885, April 18(55
Bonds due 1888, Marcli, 1868 to 1869
do
1889, May 1869
Ten Year Notes
Bonds
do sterling, siukjug f uud.
Funding Notes
4tli
5tli
I'.OOO
'
(
Mmira d
1,000
1,000
'iijo
1870
50-'50
36
36
39
39
114
. .
KssexRR.
500 &c.
18(i9
.'
Sterling (Oak, & Otta. KU.) Oct. 1, 1853, gold....
Dollar (Oak. & Otta, KK.) Ixmds, Oct, 1, 18.53.
l8t niort. (Detroit & Pontiac Elt.). April 1, 1851.
3d mortgage (Detroit & Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit A; Pontiac RR.), Jan. 1853.
llouds of Sept. 1. 1860. (Limit $300,000)
Bonds & mortgage on Detroit real estate
Dubuque t£ Sioux ('/7y— Stock...,,
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)
Dubuque Simthirefitern 1st niort., pref., sink, fd
1st mortgage, Oct. 1, 1803
Dunkirk, Alleijh.yolleii rf- I'iltsburg—liit mort., gold
Dncheittt d- Oolttinhiii—IM mortgage
JSust Tenue»see. Viri/itiia <f; Ocorgiit Stock
1st mortgage sinking fund luuids
00 &c.
100 &c.
1,000
1
1,000
1,000
1,000
1870
1,000
18.55
250 &c.
1856 500 &C.
1860 Various
1863 Various
164
59
59
190
nu)rtgage, April 2S, 1850.
—
25,0O0,(MK)
1872
'
rf:
1st funded couiions, Nov. 15, 1800
2d funded coupons, Nov. 13, ISiiG
Bonds of June 30. 1860 (conditional)
170,(M)0
()50,0OO
"50
195
115
.
'JdiuortRttKe
do
do
Penvfr Pacl/lc—\st niortnase, gold, land grant..
Venrrr Kin Cfriinde—lni niort.. gold, sink, fd
2>f« Mninrs
Fori 7>h/(/c— 1st mortgage, cuupou
Vclroil, net Hirer <C /«.— 1st mort., coup, or rcg
•-d mortgage
Delroil, Lmming £• Lake idch.—lst mortgage
iRt mortgage, on brandies
-d mortgage, on main road
Ionia & I^iusing, Ist niort., coup., may bo rcg
do
do
do
2d mortgage
Delroil <£ Mihcaukee—l st mortgage bonds
1,000
no's 1875
—
Enslerii (Jfo««.)— Stock,
c^i^
1865
30
. .
MortgaftP bonds, oonvcrtlblc, guar. P. W. & B,
Itclatcare d- liimiid KcooA'—Jut mcirtgiiKO
Sflnwurf, Luekawanna if Wrsleni .Stock
!iil iiiortpvKc (Delaware, Lackawanna & Western)
Honils (convertible June 1, IHT.'i to '77)
Laokawaniia ik lilooiusb., Ist luort. (extcusiun)
1st
Outstanding
INTEREST OR DIVIDENDS.
When Where Payable, and
|j»t« iwi-
lioia
13 18.59
& C. & X.
St ate louu
•2a
I
Amount
Net earnings,
1874,
$382,386.
(V. SO.
W
.
..
.
.
.
RAILROAD STOCKS AND BONDS.
March 25, 1876.]
SnbKcrlbora
confar n sront tAvor by slvlas Immediate notice of anjr error dlaeorereA IH
nrlll
lit
lu'iiil lit tli-Ht
III!
I
coliimii iHMilliijn, &e.,
(if
im^e of
gocuoteB
titblcH,
Miles Uat« Size, or
Amount Kalo per Wlicn
of
of
Ruail lioiidM Value. OutHluuUlnK
Cent.
Puyiibli!
SIH 186S
Stale tax
'
—
lliiitin <«
1S5I
ISCO
1S70
ISVS
1,(K)0
1,0(H)
775,000
7
7
325,(M>0
100
4,000,000
!«•
J.
J.
1871
1.000
5(M),00O
3,2!)H,200
2,425,(K)0
35,IK)0
7
A.
2;?
r,-,
1H72
(iO
lS(i(!
190
ISOS
1,000
1,000
17
13
1H()8
.500 &c.
1807
500 &IS.
500
Momiic, Ist mort., Khiltliii; fund.
.\'m-Hi.iliorf ,( Vint.— lit iiioi't. (PI. & N. «.)
\'
10
—
Fnrt Wuiiue, Minieie
<fi
Chichi niili—t .st
iuoit.,!rol(i.
100
100
.
faiirell—lut iiiorlgaw tioiiils
aalemliDi, Ilnrrhh.it San .1 iiluniii'—lnl moit, ;ro)(l.
(ialrrnliiii, lliiiiKlmi ,f llriiil.
1st nioft
H2
.
oMHTl—
Oenn-a,
llhiiiii
50
,t///c».v— 1st' mort.. «. f.,KOld
,i
;i.5
232
((' llankhuj
Co.—>Stock
Honds, not mort;^a^o
Oeori/iii liiiilroiiil
ailinan, ('Union
it:
Sprmi/Jlel(l—litmoit.,i^U\...
lid
110
..
'Jd irmrrira^;.', j^old
annul
liiii>i(ls
/jir?ii;H'(— Stock
</'
1 o.ooo.oOO
HIoitKasc to liaiik ofUii. Caimdaon
.
1,600
]'.87b
2,K(K),(M>0
18(1!)
i.inio
4,000,000
33.5
18G9
1875
1,000
4,0(M),000
.e25
.
—
.\
113
..
.
•27.5
A.
A.
1,000,0(M)
I'alm.vra Kli)
mort^';ij:(!.
IS(5!)
(i
J.
7
,53
51
51
2(iio
Kuropean
A
— Dnfftnltcd
AmerUnn.
in
very cnmtiletc stiuomcnt of
Common
Erani>ri<ls iR (7'nw^»P(l«rW«—
stock is
«1,(>-H, ll)(i; iireren-ed, $100,(10(1. Net earnings 1S74-.5,
$! Il.'i'iii. The i-onipiinv lias pidil Interest reyiilarh-,
bat noilivideiids. iV. ;Jl,p. 488.)
Ttrre IIiiiUi
e«raln!;s
were
$ll'l,03!i.
ifc
CAiiMffO.— In 1874 5 not
136.)
(V. 31, p.
K lcfiAitrr/.—ly:&Mi8 Vermont &
Nut (.amines 18r4-.5,
for some yearn. (V.
F7lnt .f
$l,0i!-!.il''.5;
S39l.u2i;
21, p.
H'J,
Total huid s.-lle- to
or ?< 03 per ,icri!. Hills
.T.ia.
$*(l,!):).l.
eousol.
bonds
Fiusiiln!;
1, l«r.5
rcci-ivatil.- on
(Joupoeg on
tV. 'id, p. 4:)8,
Jibiutii,
.Mirulown
Wustcliester
Ts.
and
(V. ao, p.
CHovcrsvUle.—yet candnfrs
$4.5,»57.
F'lil IR/yn:',
tee
it
.Tni:l-inii
'
1
,0:
.S'<7!ir(i('._Tranic guarani-tl.
Intere-'t wfls
!"
'Siwri. ii(2«;,888;
n>i.
p. :,'Jl.)
i.
Fori Wnimt, AfiuuHe <ft C'ina»n«'i.— Receiver
appointed Nov. mbcr, 1874. iV. PJ, p. OO-^, 538, 5»i;
V.'*), p. 1*1.)
Framht(/fmm
ton
A
,6
&
LmwU. Leased
Fitchburj;; has also SliU.UUll
tV. 16, p. 1S8.)
nhmm d:
to Boston, Clin!J
M.
per cent bonds.
J.
F.
10
,T.
3Ja
,T.
6
,r.
7
J.
,
187.5.
1908
1870
1884- 1887
N. Y„ B'k. No. Anicrlcii.
do
do
April 1 1881
do
Mar.. 1885
do
do
do
J.an., 1892
do
do
Jan., 1892
1870
PUil.i., Co.'s Onico.
J.an. 1
di)
do
July 1 1883
Hartford, Am. Nat. B'k. Jan. 1 1870
A
A
A
A
A
&
A
A
.
,
,
a
A Boston.
April 10. 1876
and Boston.
do
1885
1889
1883
Bridgeport
A. BridRciiort
and appurtenances. No. 4.001 to 8,0tX). Coupons April and October. Aunuid report, V. 21, p.
(V. 21, p. 110, 534.)
Oranii Trunk
( C(i«a<<o).— These (Istnres represent
Gross caminsjs in half year ending
st(!r;injt.
ulyl, 1875. £893.118; c-xjienses. £717.^43; net carnines, £175,4()5. Consolidated debenlure stock authorized July 9, 1874. (V. 17, p 4511; V. m, p. 169,
&
1878-4
1872-3
V. 20, p. S69; V. 21, p. 440.)
Oreal WeMern (Crt/ia</fl).— These fly:irres re piv(?n
351. 423, 503;
(jarnrr's.
..
$I,.571,785
88^,458
;
pounds sterling. Company leases several mads in
Caiinda. amounting to I56V miles, and the Detroit
MIln'anki!e, 189 nulcs. For the half year ending
July 31, 1875, tii« gross receipts were £IH.1»<;
working expenses, £.393,?i3; net earnings, £17,3!M.
In
&
1874-5.
$1,381,
846,097
B84,.134
.336,000
(
455,80!)
1 11 May, 187.'), Iliis compimy, witli the Centnil Ge-'rgia.
pnrcliase.l at fori!closiiro sale the Western Railroad
(V. lil, p. 247; V. 31, p. 395.)
C.'iiilnn
.f-
460, 752; V. 20. p.
1S7J
d.f.uilled in 1«14, and is now in receiver's hands.
(V. 19. p. 148, 893, 683; V.80, p. 404, 570, 615; V. 21,
.5.
$50,1100.
holders wait.
S68;
Term
Overdue
V.
28, p. 110.)
/'(jci/fc— Net earnings,
roiipoiis, $2 IS,5tO.
Bond-
ct
(V. 20, p. 4'.i8.1
l/annibnl efe St. .rosep/t.—Ot the Missouri Slate loan
was extended for 20 vears. It is sisicd
that the Co. lias 2..5()P.(00 in land notes, and !)e,0(iO
acres yet unsold. .\ change in tlie directors took
place Nov., 1875. No report has been issued since
1872. (V. -.11, p.412, 488; V. 22, p. 158.)
(13, IK.I.)
|;l,.50l),000
(franil Kajdik .P TnUiaaa.— An onioial description
of bonfis was ;tiveii ^\hoa they wcr« put on
the call of tile
.\ew York 5'ork Stock Excliiingo,
in .Taninry, 1875, as follows: »4.(i0i),(>i0
are ' (iiiarnnleed II^muU." Priiicipil and interest
piinTOiiteeU by the Pennsylvania Riilroad Company, and iwe also a lien npon the land grant.
No. 1 10 4,0 (I.
Si.020,110:) are
Cn-uaranteeri
Bonds." which are
secured by
the
same
mort;_'ago as the -jfiiaranteed bonds on the en
lir.! land ..Tant.
ipWOiWO arc ' E.-:. l.)ind Grant
lionds." bciii!.' a pnrt of the oriffnnl SI.OOO.MK) un-
fTiirritlrurir, Forlnmoulh, Mount Joy * Lanewiitr.—
Leased to Pennsylvania Railroad, which owns a
majority of the stock.
Hiirlforil. Providence <t .flij</i*itf.— This road forms
tlio proposed line of the Boston, Hartford
.6 Erie.
The bonds fell dne .Ian. 1876. bnt cilv of
Providence declined payment and salt is pending.
•
euaranteod lionil-'. .-..•
been re.leeiiieii li>
tVaitern
Oiilf.
company
Sprinntel'l.— This
V. 20, p. 669, V. 21, p. 412, ii40.)
GreentiUe tt CW«mAi<».— This rompanv defanlled
several years since, but compromised with its landholders.
(See Chbonici.e, V. 16. p. 220; V. 17, p.
of Alabanri.
p. 39,
1,
line
pro-
—The
ffr.
Oct.,
Jan.
do
Owrr/ia liailrnn'l <0 Danking Company
annniil rt!port for the lust lisciU year, emliiii; Apiii I,
1.S7.".
was piiliiislied in V. 21, p. 15T. -\ comparative statement for tlir^o years was asfollcws;
Tot.
Otttcc.
1873
1873
July, 1871
July, 1876
Oct., 1877
Oct., 1878
Dec., 1890
1881 to 1886
Oct.",
do
J.
Q.-J.
If.
Alhtnii. -Consolidation in 1R74 of
Atliens. In Receiver's
(V. 17, p. 8*5; V. 20, p. 357.)
Itbaea !ind Ittmca
liands, April,
nilmin.
38-A)
isn-a.
Geneva
J.
IlTedeemablc.
Irredeemable.
In-edeemablc.
Sonnds
net euni-
Ts; 4M.I,n.)il'Noitli -Shore 7»;
&
A.
8
8
3-W,00O
—
»il.3,00U-Wlute8tono
7
April, 1877
Jan., 1920
Pcil'ctnal.
Au(t.,
Henderson.- -Net earnings
Div. oustk'sSp. c
.5;ll.)
RK.
Genera,
Loudon Joint Stock B'k.
do
do
do
do
do
do
do
do
D.
,1.
610.
<6
do
O.
O.
A
J.
If235,375.
Opcrat'j; expenses
Net earninjjs
.Ian,
7K.
$1.S2,3&1.
1871,
Ftiothtiirj, XorUuilioni d'r Central.
.\ consoliilation
InlHT-lof seven ctaiiiiuiiiis. Leit-es .Sinitliurn of L.
I.
Tliere are. in iiildiliiiii to nljove, '35.100 N. Y.
&
Oa'rexton. Ilomton
ISH,
A Montreal,
do
"7'
Sa" Antonio.— In
$I,(12;W.Vi
97ii,R30
HtK.tBIS
l!4l",8(!t.
Nov., 1875.
p;isse<I
593; V. 21,1). 488,
were
percent
carninep
*tf!).i.!)'».5;
S'i;il.5,sri.-i,
I, 187.5,
s
59U.)
P,re .Uiin/iMlle.—Qm^ft
land sales
ilHts.
(Mveslon, nurrwhiirq A
Net oaniinss lt7i-3,
gross.
Massacltuij'-tts.
rtiviili;iiil.s,
opcrntini; c>rpe'ises.
1873
;;
bonds
f.ra)i.icille,
100
100
180l)
Karlh
if.
5()6&c.
7-1
:
delit, incliidple(li:cU for loans, in V. 31, p. 31.5.
IntorC!*! is paid on Ist m()itira'.r>-' and liiin;;i)i- &, V.
(V. 20,
p. (ilj; V. 21, ;». 15, iTi, 31.5, 318, ai).5, 118.)
IS"';.
iui;
ho
....
Ixnidon
O.
do
500,000
1,200,000
1,182,550
700,000
481.000
820,000
1,180,000
100,000
100,000
150,000
1807
1853
1853
.
Columbia, Co.'s
15i),000
4,O00,CKH>
.
....
120
120
,
:
A
A
A
A
A
A
A.
9,167,700
5,087,224
3,000,000
1,000
15
lionds of
18711
1880
r^mdoii, Co.'s Offlcc.
632,237
100
100
.
1803
1870
]
May
do
Loudon, at Co.'s OIIIc«.
do
do
J.
do
do
A,
do
do
J.
do
do
J.
do
do
J.
J.
J.
.r.
187C
1853-7
,
do
.1.
51s
513
] 27,000
485,000
02,000
*
27,5
..
,
I*"*?
Jan. I, 1876
Jan. 1, 1IH)1
O.
5
6
l,!ll»8,275
*ioo
*ioo
£100
l,38(i','000
.
."
Preferred stock
2d
""
143
I.J?
V
1,
8<-pt.
N.Y.,Mccli., Nat. Bank
N.Y., tMiatliauiNal.Bk
a.'ao.
VaiioiiB
1st morl^':ll.v (Kansas Cit.y it Cam. KR.)
lInrviKb., I'orlxui'tli, Ml. .Joy <C V^foic—Stock
Ist iiiorlKa!fe
Buudsof
&
A
A
A
A
A
.1.
288,883
....
—.Slock
A.
ft.
Stc.
1'4
213
.
(
Sotisitljiiiir
A
J.
6
4k.
ii()o
Fishkill—l^t movt. (R.
4k.
3,71 1 ,500
£4,459,30!)
ioo
£20i2
....
^narniitcctl
New iiiortxuKO lor .'(i2,5OO,0(M))
Oull\ W'lxlfrii /'cxin' (f i'dcirtc— l.st mortgago
Hann iftiil ,r: ,sf. Jose/i/i (^liinuon stock ..,.'.
I'refiired stock ;7 p. e. early, mil ciiiuulativo).
M«v. lus
.r
1,413,571
1875
C.53^
Bonds not
J.,
York.
do
1891
yi.
7.10fi,!)10
Oirci/i-iV/f ,f;('<)/>(«i^;((— istniort.,snar.liyStato
,6
M.
M.
New
A
A N.
AN
2,327,808
Debentures
Blori Kago lionds, couiioir.
do
do
do
do
Now bonds, conpon
ntrl/.. Prop.
J.
6b.
,">
((/iiiiuiy &;
J.
8.
J.
J.
do
do
1,
May, 1902
Jan. 1, 18H7
«epl. I, 1888
,Mav I. 1888
Jiilv 1, 1882
I,.
3.218,]4!1
do
do
2d
do
do
conv
Canadian delient iircs (.t;.S,(JO0,O(>i))
IstmorUMW
do
do
Newark, N.
,r.
1.
1,
Jan. 1, 187(1
April
N.Y., Median. Nat. B'k
Various. F.
5 ):. ,1.
5 K. J.
2d
loafi
Ijiiid !;iaiit niortwvKi>
lionds 1S7(>, conv(!rtllile
do
.5(K).000
1
lid
Missouri Stall!
BoKtoii ontcv.
O,
,200,000
Postal lionds, &c., Rc.cnnrd liy gov't Imsliiess
1st fiicf. bonds, coiiv. into Ist in-ef. stock
.
A T.Co. May
do
8.
500.000
*
Wexlein (Ci/im/i^O— Common stock
I'refciicd
per cent, coiiyeiilblo into common
do
J.
J.
J.
221,1!>0
::::
QrMl
do
do
N.
7,500,000
1,377
lands
do
•
A.
N. N.Y., K»nii.I..'an
(!)
all i-ollin!; .stuck
do
do
do
N.
£3,42,5,124
«100
335
stock
siiridiLs
1897
1887
1887
1880
KNIO
T.Co.
.r.i
2,000.000
1,000,000
.•i,'tr>
.•
.i;
on
5(M),000
1872
IHJMt
1.
1,
1,
.1.
1.193.(M)0
liOO.OOO
4,200,0(K)
545.(MH)
100 itc.
100
I,
July
Jan.
Nov.
Auk.
&
do
do
Mar. I. 1!i02
A H.
do
7
do
May 1, 1!Hi3
M. A N
N.Y.,8I.Nlcli. Nat. B'k .Inly 1, I900
7
A
8
July 1, 188!)
J. A J. N. Y., Karui's. T..AT. Co
8
do
A. A O
do
Oct., 18«l
Oct.. 18811
Boston, Office.
7»?. A. A O.
8
April. 1890
do
A. A O.
18;u
7
Bost. A T/ondon.
1!)10
6 K. P. A A.
7 K. J. A . N. v., F. P. James A Co July 1, 1902
July 1, IWH)
J. A J. N. Y., Metrop. Nat. Il'k
I'- J. A .I.'AilKii»ta,Ga., RU. Bank. July 15. 1S75
do
do
yearly to 1890
7
J. A
Heiit.. 1!MH>
7 g. M. A 8. New Y^ork and Ix>udon
Jan., ISirJ
8*;. J. A J.
]a!)»
ACo.
7 K. J. A J N.Y.,WinsIow,
1809
do
do
7k. A. A O.
1,700,000
1873
Ortinil Trnnl; ((;'(/((((?(()— Coii.solidatod
Ki|tii|>m(Mit mort., Ist
do
2(1
1,000
1 ,000
A
A
A
A
M. A
J. A
7
1,800,000
500,000
:i;i5
Isl iiiiirt., land irnint, jrold (sfiiai'. by Pa. RR)
1st molt., land ^ivint, i;old, not KiianintciMl
Incoiili! inoltf-'aL-c lionds, fov $10,01)0,(100
New si ocb for
1871
1871
1873
1872
1870
2(i
•(:
April
liondoii.
J.
J. N.Y.,Kunii,h'uii
M.
7
7
300,000
1,000
1,000
18(in
10!)
lOi)
.
2(1 iiioii ^'aiji'
Fritmhiijliuiii
.Mnr. 1,
.M.
H
8
1,5(K),(H)0
.500,(X)0
1871
A
A
A
A
York.
O. RoKtoii, Hi!r»iid N. Diink
J.
8
2(H),(K)0
1,000
A
A
New
.H
M, & N. N.Y.,Mmli'ut.«'ET.B'k
7
75,000
280.180
1,000,000
800,000
400,000
loo Ac.
M.
10
10
10
1,000.(KIO
80!)
1
P.
K.
"s'
100,(K)0
1,6'(K)
M.
7
2,152,000
400,500
ISdl)
1870
1872
1873
1870
1.. f.,
}\*n!fni\ Jiiehaiin tP Siii/iimif
Isl iiiort., coiiii.
iiiort. aiirl uituipiiiciii Iioiid.s, ijoULion
till
s
.5
S.)
l«r iiioilKa^'p
do
do Kxtciisioii isl iiiortga^
Fiinitn, JohnHlmi'n tt: (llnrersi-ille.— Ist mort;,'il£;o
Fort
1871
(i.5
««•
17,(K)0
1
K.
6.t 7
l,()(M)
2,000,000
301,000
010,000
100
2:m
M
81
*(!.
£200
1
2:i;i
*
of
500
ui
I
criiii|i(iiis (.f I.OOO.iKMt atitluirl/.nd)
;</(• .U»(i-<;»<7(r -Slock,..
(.'oiiNoliilalrd uiorl'.^':m'(\ siriK'iiiir ttiiul
l«l 111. oil -Mm., lid on III; I. liv. I.W.IJIX) ac,
«l.
Isl iiioit., laml vrtuit ;i:^'<.<)i)0 acres, :iil (11 V
I''iiiil
Holly nil. (sliiU'i; liiiiili(:2.").(i()() ikM' ypiiv).
IJiiy < 'iry. K. .•ia','iiia\v. I»l iiiort., f,'nar liy IcasciM.
l!a,\' t-'omity. Issued iii aid, kimw liy IcsacoH
roiisiriictiitu IioihIh
N.
IKH»
IWKt
10!)
.5.5
(Kl. .t
18)»0
1,
,000
1,000
300 Ac.
KOlrt
.('
t'eiilral
I,
Jan.
IS.52
BoinI«.
L"(l iii.>il!<a.,'c
1,
(H-t.
lHr,7
Ft fr/> b It ff/—Ht irk
uc
July
IIOKlon.
l«(ll!)
2<1 inorl Kairc, L'dlil
Ilollv. \\'a\
N.Y., Union Tni«tfi>.
(to
do
3.
.11
tl
1808
3.
O.
HS
II
2,000,000
tHTiiUfnd.
A.
lH(i!)
A
C/iJc— l«t mort.,
&
Ic
&
M. A
A. A
J. A
J. A
lltnult- PriiieiWlieii Due.
and by
Piivntile,
WTioiii.
J.
IKKO
.58
l!l
.
EmmfiUr. Trrrr
i'liinluii:/,
8S0,0()0
I,0(K),000
Whore
J.
7
7
.)«2,li»3,0(V)
1,(')00
?>(!
\.A
iii.-i A y... lliiii;;'i-1o Wiiiii.,liaiiK'rl'ii
I.iimlKiaiit Ifil molt. (l'iI imirt. liaiuror to Wliiii.).
niiii^nr .V risiiatU'inlH, Uanicut* liiaii. Ist iiuM't^. ..
1st iiioil^'aKis sl( rllUK, 1)11 N. Jiruuswic'k ioa<l
KriiitiiC iC Criiiri'tirilsc.
III., h. f
l^t m., Kv.
I «f iiKift., Kltiliiiij; ruiiil (I'lvausvlUo to Ti'rro 11,)
IviM'kvilU' fxlni^uiii
t'liiil
iiil,000
liiiii.l.
I'liliiilniH'iit
KiirD/i'ii a-
Tafelee.
pi.l.
Pw
Erie
J! rill.il)iin/—(r'<iiil!nficil)—
f'linsiiliil.iiiMl IIP.." -ii r- li-KiMif
tMrM
INTEREST OK niVIDEMDH.
UKHCKiraTOX.
Forexplaniifioii
xtx
.,-,.
from time
of
(V. 22. p. 87.)
to time
sinking
,ie is detached thev
...i... Imt. by the terms of
1:1s
a part of
tiio
fund. When the
are no lonxer a iiem... ,,.
the tnist deed, remain a llrst mortgage on
I
|
tlio
whole
//')'i.«rt/ofl'r,-T.e-u.»e- Berkshire Railroad, Stockbridge & PttlsBeid. and West Stockbridee. Gross
earnings in 1874-5 were J«82.n(»); net. »222,I78. The
mort. bonds dne JST? paid off Nov., 'ij,
(V. 2J, p.
%3%.)
.
..
RAniROAD STOCKS AND BONDS.
XX
[March 25, 1876.
confer a creat lavor by bIvIix Immedlato notice of any error discovered la tbese Tables.
j;f/»r/s— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
Due.
Miles Date Size or
Amount Rate per When Where Payable and by pal. WhenLast
;S7ofA-fi—
par
For explanation of ooliimii beadiuKx, Ace, soo notes of
of
Outstanding Cent.
Pay'ble
Whom.
Dividend.
Value.
Road. Bonds
at the head of first page of tallies.
Subscribers
nrlll
—
47
508
Hd mortgaKO
866
1870
1872
58
58
58
Houtiton rf Texas Centrul l8t ni., k<'I<1. l.Rr.,R.f
1st molt., N'wcstdlv. (Brcmoucl to Waco)
ConHoI. mnrt., I. Kr. (coupon, liiit may bercg'd)...
HuHlingiioH <t lirmul To/j— 1st molt., Bold
2d mortKage, gold
18.54
18.57
500
500
1865
1,000
4t)l
,c^in8olidatcd
1
$1,000
1,000
1,000
Scrip for past duo coupons
Cmtrat—Btovk
Kodemption. 1 st and 'Jd Hcrlos
Uoncrnl niort>,'ii)re. sterling, (for
707
—
2d mortgage
Ind., Bloom., & W., Extension, Ist mort., gold
liuliaiutiHtlin, Cincinnati tt: Lafayette Stock
rivfcrred Ntoik (issiuil for funded debt bonds)...
ludianai»olis iV Cinriiiiiiiti of 1858
Indianapolis, Cintiiiuati A; Lafayette
—
90
154
174
do
do
do
Fnnd< (1 interest bonds, eoniion
Equipment bonds, registered
CiiK'innati& liuliauu, Ist mortgage
2d mortgage, guaranteed
tt
1864
1875
1874
1871
1869
1870
1872
1,'>$,000,000)
Steiiiug bondH. Htiiking funtl
Jttitiana d- Illinois rcitZ/Yi/— 1st mort., gold
Intl Ut»aimlis, htoomin^ton it: West. 1st mort., gold.
hidiitnuiyolis
18.51
251
202
202
217
Illiuoi*
Si /y/xei*— 1st mort., in
20
20
3 series
71
71
2d mortgage
Ecjuipnu'nt l>oud«
.
250
9
38
220
80
159
159
38
Rirtgelield Park, (N. J.,) 1st nuutgage.
•Jodei it Xftrtbeni Indiana— It^t mortgage.
— 1st
12
205
52
. .
78
78
.
I
130
262
New eonsoUdated mortgage (for $8,000,000)
Three year notes
—
(to
U.
3d
S. (iov.)
iiiortgiige
if-
on 394m. west Mo. River
Dts Moines
— Ist inortgjige
Fituded interest bonds
Knox
it
Lincoln— 1
st
mortgage
iafc« JCric it Loniseille—lsi mort. ($1,100.000)
50
Iiake Shore it Michif/an Southern—Stock
1181
Guaranteed 10 percent stock
Consolidated Ist mortgage, sinking fund, coupon
864
do
do
do
registered
864
Houston if; Texae Central.— Gram earnings in 1875
were t2,980,0.J2; net earnings, $1,143,9:15. Interest
charge, $175,000. Capital, $6,I50(I,00J. The company
built a large part of its line ont of net earnings,
and subsequently distributed a large amount of
stock. (V. n, p. rr; v. ao, p. 77, 140.)
Uuntinfidon <6 Uroad Top. - Capital stock is $1,998,850. Gross earnings in 1875 were $.322,839; net,
$It)5,480.
Interest passed on 3d mortgage bonds.
(V. 22, p.
a06.)
JUinoif Central.— The company guarantee $i,000,OOj bonds of N. O. ; also hold $4,842,000 of their
7s, gold, against I. C. .5s above mentioned.
The
bonded <lebt in proportion to stocks is still small as
compared with most other companies. The management of the road has been one of the best in the
country, and its land grant highly prolltablc. The
direct line to New Orleans formed in 1873-4 has
rot yet been as proHfable as it is expected to be. In
1874 dividends were reduced to 8 per cent. The
following is a comparison for four years:
Gross
Year.
Net
Eaminsrs.
1875
1874
1873
Interest,
Earnings.
$7,S02,55t)
7,a00,721
8,268..325
1872.
8,020.754
—(V. 20, p. 61, 140, 288;
16, 866.)
$2
<fec.
67(),i»l
2,775,302
$661,093
413 610
2,5.10,890
55M.37
2,103,107
V.
557.42)
21, p. 489;
V.
22, p.
ThU
Indiana
April
catur
it Illinois Central.—
road was sold
26. 1875, and re-organized as Springfield De&, Indianapolis.
(V. 20, p. 162, 421, 521 ; V. 21
p. 40.)
—
Indianapolis, Bloominffton <f Western Default was
made July. 1874, and affairs are yet unsettled.
Receiver's certiflcates issued to Aug. 1, '75, $80%00J.
The Danville, Urbana, Bloomington & Pekin is part
of this road. Plan of re-organization. V. 2?, p. 110.
(Vol. 20, p. 61. VIS; V. 21, p. 24.), 277, 348, 39J; V.
first
22,
p
1870
1867
1869
1862
1866
1870
1873
1872
1,000
1,000
A
Lqfaijette.—Tlie com-
A.
A.
A.
V
g.
J.
7g.
A.
8
J.
J.
7g.
7
7
500 &c
1,0<10
1,000
100
500 Ai'
1,000
1,000
1872
50
1,000
],(K)0
1,000
i.oik)
100
250
8
J.
J.
J.
7
7
1%
7
7
7
A.
M.
8
6
6
"7'
J.
g.
M.
8
F.
P. Ac
J. Ac
6
7
7
M.
A.
A.
500 &(
400.000
844,000
237,000
2,300,000
258,720
2,395,000
1,709,000
4,418,000
O.
N
A
S<'pt. '78,'80,'83
Seiit. 1, 1883
Dee., 1892
Jan. '77, '82, '87
July
Oct,
July
1,
1,
1,
li)19
1900
1881
1908
1900
Now York and
Boston
do
do
do
do
N. Y., Farm. L. At T. Co
do
do
Boston.
Jan.
1,
Sept. 1,
June
1,
Aug. 1,
Sept. 1,
Feb. 1,
1880
1892
1874
1893
1890
1898
N. Y., Ix)nd.
to
cfe
1876,
V. 22, p. 158.)
Jeff'erson.—hoased to the Erie Railway Company,
which pays interest on the bonds. (V. 14, p. 628.)
.I^ersonvUle, Madison <fi Indianapolis. Leased in
1871 to Pittsburgh, Cincinnati & St Louis Railroad
for interest and sinking fund of bonds and 7 per
cent, a year on stock.
Lease transferred December,
1872, to Pennsylvania Company.
In 1871, net earn-
—
(V. 20, p.
but
Bondholders held
in proeress
Northern //idi-zraa.— Mich. Central offered
to extend with a 6 per cent, bond, but court decided
Ac
Frankft
May
1,
1899
do
Mar. 1, 1876
do
July 1, 1916
do
do
N. Y., Lond. At Frankft. July 1, 1880
Sept., 1886
New York.
S.
O. New York At Frankfort. April 1, 1903
April 1, 1903
New York.
O.
J. Phila., CornExch. Bank Jan. 1, 1889
March, 1883
S. N. Y., Bank of America.
do
do
Jinie, 1885
D.
1904
New York Ottice.
O.
S
S,
J.
.
do
O.
At
1884
do
New
,
York.
Y., Union Trust Co.
do
J.
Q.-J.
(Vol. 19, p. .520.)
Jacksonville, Pensacola (fe Modite.— This road is
mortgaged for a like amount of Florida State bonds.
Indefault and litigation. (V. 19, p. 629; V. 31, p. 591;
cfe
At
At
.1.
J.
&
in panic of 1873.
(V. 19. p. 365; V. 21. p. 61.3.)
1888
1897
June, 1899
April 1, 1911
Jan. 1, 1900
do
Aug. 1, 1892
Fi^b., 1904
do
N. Y., Nat. Park Biink. April 1, 1899
May, 1901
New York.
1900
Honesdale Nat. Bank. 1887 At 1889
Y., by Eric Railroad. Jan. 1, 1889
N.
N. Y., Farm. L. Ac T. Co. Feb. 1, 1876
do
do
May 1, 1881
do
Oct. 1, 1900
do
do
July 1, 1910
do
1913
May 1, 1912
New York.
N. Y., Farm. L. & T. Co. July 1, 1874
Philadelphia Ollice.
July 1, 1882
do
April 1, 1900
ilo
F. Ac A.
F. At A.
533, .500
leased
April,
Feb.,
do
do
A.At'o.
1,092,000
49,466,500
Sioux C'i7y.— Leased to Illinois CenDividend 2X per
on Jl.fl-JS.OOO stock.
Iron Mountain, Chester & Easlern.—Thi9 was formerly the Chester &. Tamaroa. Bonds are in default siuce 1873, and a receiver has been appointed.
Joliet
.fe
A.
A,
8
At
At
At
At
At
J.
7
7
7
per cent, on earnings.
off.
Ac
Ac
&
M.
I'-
29), 31;), 383.)
cfc
Amer. Ex. Bank
do
do
do
do
do
do
do
do
do
do
do
do
Wiuslow, L.AtCo.
Y.,
do
do
do
do
Y., Fann. L. Ac T. Co.
do
do
Y,,
N. Y., Bk of Connnerce. Aug. 1, 1895
June 1, 1896
do
do
D.
1895 to '97
Paya))le Iq by transportation.
M. Ac N. N. Y., Kk of Connnerce. Jan. 1, 1896
g.
Pennsylvania Company at 30 per cent of gross earnings, but rental guaranteed to be $-i06,000 per annum.
Gross earnings in 1874 were $274,.59o; net, $8:1,207.
(V. 20,p. 4 26.)
International A Great Northern ( Texas).— Thifi Is a
consolidation of the International and the Houston
Great Northern. Interest passed and fundin r progressing!
The company had an issue of Texas
bonds granted it, but the grant was repealed and
land given instead. (Vol. 19, p. 17; V. 20, p. 136,
Jersey City
O.
D
A
&A
g.
6g.
7g.
426.)
Albany. — Road was
do
do
1895
1, 1901
1, 1903
Oct., 1909
Oct., 1890
1912
April
July
Oct.toJ'ne,74-5
p. 395.)
ings, $519,070
J.
&N
J.
& J.
M.Ac
7
1,
Ac
•7'g.
6(K),000
cent, Jan.
Feb. 1, 1876
April 1, 1890
10
&
Iowa fails
F.
8
1,125.000
tral at .35
J.
Ac"j,
At S,
Ac
Ac
Ac S
l,,50O,fKI0
is
.1,
Ac
,000
Fineenn*!*.— Road
Ac
O.
N.
Ac
M.
8
in V. 21, p. 461. Gross earnings, 1874-75,
$1,767,831; net, $670,980. (V. 20, p. 162. 357; V. 21,
p.t!07, 277, 465; V. 22, p. 2.57.)
Indianaiiolii
St. LouH.—The stock, $600,000, is
owned by Pennsylvania Co. and C. C. C.
I.
This
company forms part of the Pennsylvania system, and
leases the St, Louis, Alton
Terre Haute. (V. 21,
<fc
Ac
&
Ac
&
A.
10
&7
.
1891
1903
1912
1800
1895
1895
1,
1,
1,
1,
1,
1,
& b. N. Y., National City B'k
do
do
&
J.
was
Indlanaiiolis
.
J
J.
J.
M.
M.
&
J.
J. Ac J
J. Ac J.
J.
1,000
1,000
.
A.
Q.-F,
M. & N.
7g.
1,600
O.
A.
7
,000
1,000
do
do
V.
7
7g. M.
Fel>.
April
lyondon, Morton R.At Co
N. Y. or Lon<lon.
N. Y., Turner Brothers
J
J.
P. Ac A.
F. &. A.
1.722,250
100
100
1870
1870
A.
J.
4,275,3.50
1
Ac
do
do
do
Ollicc.
Ofllcc.
lifuidon.
J
July
July
Oct.
Oct.
N. Y., Co.'s
N, Y., Co.'s
M.Ac N.
Are,
100 A:c
100 &c
do
do
do
At 8.
Ac 8.
Ac I).
&
do
do
Philadelphia, Oltlce.
F. &. A.
1,000
1,000
1
a
J.
itc,
1,000
&
&
&
J,
8
8
7
do
do
A. Ac O.
7g.
2,500,000
887,000
948,000
305,000
10,000,000
6,411,000
2,240,000
4,003,000
6,303,000
600,000
133,000
N. Y., Nat'l. City Bank.
Various
7g.
53!t,500
i,mio
1,000
M.
M.
.fe
O
O
O
8
250,000
300,000
800,000
500,000
300,000
2,789,413
500,060
1,400,000
500 &e
J.
J.
F.
&
&
&
&
&
&
7
6
2,000,f)00
1,000
1,000
J.
7
10
7
7
7
7
3,264,000
4,084,000
3,116,000
1,843,000
2,960,000
660,000
4,000,000
300,000
2,000,000
2,000,000
397,000
2,474,000
1,600
1,000
1,000
1,000
A.
7
1,497,000
2,000,000
1,000,000
500,000
1,700,000
1,450,000
100
1866
1867
1869
1868
1870
1873
was stopped
16 61, 110,2.57.)
Iwlianaiiolii, Cincinnati
pany was re-organlzed in June, 1873, and has since
been doing a good business. The last annual report
g.
460,100
375,000
500,000
1,(X)0
l.fKM)
673
245 1869
140 1805
253 1806
394 1805-7
34 1806
1866
427 1860
1870
1871
56>ij 1873
331" 1873
34 1869
99 18.53
99 18.55
162 1874
1874
1st mort., coup., (Leavenworth Branch)
I>and gr. mort. (Dunint), eonp., on 1,000,(X)0 acres
Income bonds, coupon, 3d mortgage on 427 miles.
Ist liind b'rts, cp, or reg., gold, oh 2,000,000 acres
2d land mort., do
do
do
Arkansas Valley, Ist mortg.oge, gold, guaranteed
June. C. & Fort K., 1st mort., gold, land gr., guar
Kent Cnunly, (Md. )—l»t mortgage boiuls.
Kenturl;!/ rvii/rni— 2d mortgage
Keokiii:
Are
1871-2
Paeijie Stock
1st M., 394th to 63i)tli mile, I'dgr., 3,000,000 ac's
Ist nnn't., gold, coup., on 140miles west Mo. Riv
1st mort., gold, ItOth to 3it3d mile
2d mort
&e
& J.
& J.
& J
As O,
& A,
& O
F. '.tA,
6
1,600,000
2,800,000
1,701,000
1,000
it Couneil 7?/i(fl%— Stock..
1st mortgage. Council Bluffs & St Joseph.
)
St. Joseph & Couneil Blutfs, 1st mortgage.
do
do
convertible
Missoiui Valley, Ist mort. (.$1,000,000 gold)
Kansas City, St. Jo. & C. Bl., eousol. nnirt.
Kansas
1871
1872
1872
1874
1869
iH
2d mortgage
Kansas City, St. Joseph
4
6
5,.50O,0OO
44
luortgage
6&7
A.
l,200,00t)
l,0O0
1,000
41
do
2d mortgage
A /6nn«— 1st mortgage, gold
Philadelphia
50
100
500 &(•
1,000
184
—
Ju>ii;tion,
1,000
500 &e
45!)
.
it
1,(M)0
1,0(K)
117
459
204
255
—
international <e dri'at yorlhern Consol. stock
International, 1st mortgage, gold
Houston Al Gre.it Northern, 1st mortgage, gold.
Int. & H. & G. N. convertible bonds
do
do
2d mort., (o.veh'ble for convert.)
Jowa Falls it Simix CiVi/— 1st mort., Aju'lU, 'fii)
/ro»i ilouHtain, Chester it £.— Ist mortgage, gold
Jaeksone., I'etis.it Jfo6.— Flirt'ida State Ixuuls, gold.
7e^(*™o»fiV(.;— Ist & 2d morts. (Hawley Krauch)..
Ist mortgage (.Susquehanna to CarlMuulale)
JeffersimvUU, Madison (t Indianapolis Stock
Indianapolis »& Madison, 1st mortgage
Jcffersonville, Miulison i lud., 1st mortgage
do
,000
1 ,50
7
1,500,000
5„500,000
5,608,907
l.tKKi
500
J.
J.
J.
7g. A.
7g. F.
2,.50O,(K>0
*2O0
1
8
2,50t),000
4,701 ,000
1,9.55,000
5,0(K),000
500
ll'7
Indumajmlig (6 Tineen nes— 1st mortgage, guar
2d mortgage, guaranteed
Jersey Cilu
1875
1 858
1867
1869
1873
1873
1862
1807
1869
1870
1871
"ib'o
Aic
7g.
Vg.
$8,060,000
940,000
2,700,000
416,000
307„500
1,383,000
100,707
29,000,000
^
do
See following page.
5
April,
Feb.
Feb.
July
July
1,
1,
1,
1,
1892
1876
1876
1900
1900
that total rent must be applied to jirincipal and
interest of bonds; still in litigation. (V. 20, p. 85,
140.429; V. 21, p. 110)
./imc^ion (iPAi/.^— Owned by connecting companies.
Cost of road $S98,.32I; paid-up stock, $18.5,000.
Kansas City, St. .loseph <fc (JormcU -Blufs—In addition to these, there are also funding b<uid8 of about
$640,000 in different issues, .\nnual n-port for 1874
in V. 20, p. 475, gives the funding arrangements in
full. Gross earnings in 1874, $l,4:!6.0-3; net, $494,908.
Interest defaulted Sept., 1873.
Stock, $2,776,000.
(V. 20, p. 475; V. 22, p, 233.)
Kansas Pacific.— In 1874 net earnings were
The land
$1,6S.5.';04, against $1,416,.308 in 1873.
two trusts, 2,000,000 acres in the first,
grant is
from the Ist to the .380th mile, and 3,000,000 acres in
the second, from S-SOth mili; westward. Interest on
income bonds is payable in lands or cash, only out
of net earnings. The company now pays half the
current interest on its bonds, (except the incomes)
88 ab )ut four-fifths of bondholders have funded.
An ieiportant settlement with Union Pacific made in
May, 1875. See annual report, V. 21, p. 252. (V.
19, p. 271,365; V. 20, p. 8, 85, 476, 501, 544; V. 21
m
p. 466. 61.3.)
Kent Co.— This road was completed in 1872, but
defaulted in 1873. No recent information received.
Kentucky Central.— Th\s was formerly Covington
Lexington. The prolonged litigation regarding
this Co. has been settled. (V. 20, p.' .500; V.21, p. 39.)
Keokuk <fc Des Afoin^.-— Formerly East. Div. of Des
M. Valley. Int. on first mort. is funded to April,
1876, except on $452,iX)0 bonds reserved by Co. to
be sold. The stock is $1,524,000 pref. and $-2,400,000
common. In year 1874-5 gross earnings were
$757,381; net, $282,868. (V. 19, p. 82,588; V. 20, p.
&
520)
A
LouisriUc.—ThU road was a reorganiLake Erie
zation, and has been financially embarrassed. Thers
See V. 19. p. 360.
is a second mortgage of $590,000.
Lake Shore & Michigan Southern.— Thu&nwnai rewas published in the Chronicle, V. 20,
451, and report to June 30,1875, in V.21, p.
352. Other reports, V. 22, p. 41, 61. The
port for 1874
p.
—
:
:
.
March
RAILROAD STOCKS AND BONDS
25, 1876.]
Mabacribera
confer a sreat favor
vrlll
clrlnc ImmeAlate noUe« of anjr error AlaeovereA la thaaa Tablea.
bjr
DESCRIPTION.
Date
Uicliigan Suulhtrii,—(CoHlhiue<l.)—
(for $25,000,000) coup, and reg.
(«. f. $(!00,()00 per yr.) coup, or reg.
<t
M mortgage, do.
luooiue bonds
MorlKUgc bouds
of Oct., 1H(!!), Hiiiklng
fund
M. 8. & N. I
niortgugc, Micbigau Suutheru
Istuiortgttgc (IJ., M. ifeT. KK.)
•2i\ mortgage (C, F. & A. RK.) registered bouds..
861
iHt uiortgagc, sinking fund,
do
mortgage
Lake sbore dividend Imnds, April, 1869
iHl mortgage (C. & Tol. RR.) sinking fund
do
2d mortgage
Rulfalo is Erie, mortgage bouds
ilo
do
'.....
do
do
Kalamazoo & White Pigeon
Schoolcraft & Tbree River
Kalamazoo ife Schoolcraft
Kalamazoo, AUugan & Or. Rapids
stock, 6 per ct. guar.
do
do
Jamcsl own & Franklin, 1st mortgage
do
2d mortgage
do
Lake Superior it Miss— lat niort., gold, l.gr.,8.f
Income mortgage bouds
3(1
Lawrence— atovK
1st mortgage
Law.
-
«a/r.— 1st mort., l.gr. ,8.f.,conT
Kausas
&, Santa Fo, 1st murt., guar
Southern Kausas, 1st nu)rt., guar
Lehiyh t£ Laekawanna—Xst mortgage
Learrii.,
>t
C
Leliiyli Vatley
—Stock, common
coupon and
1st moi-tgage,
and pref
reglstereti
2d mortgage, registered
$&£(s.fd. 1 p.c. y 'ly) coup.
Delano l.aud ('onipany bonds, endorsed
& reg.
(leu. niort., gold,
LilUe ilium i
1st
—Stock, commou
mortgage
New stock
Ist M., Idgr't (750,000 acs)s.fuud(ror$3,000,000)
I'iiie Uluffii N. O.— Ist mortgage
.St'hiiy/kill-Mork
lat morlgiige, sinking fund
Loiiaus/tl, C'ruir/iirtlsc.tt S.W.of Intl.—latruort., g
LilUe KiM-k.
LMte
,
Long JslandStoGk
Isi mortgage, main Hue
Extensiob
Glen ()(»ve branch
Newtown tfe Flushing
New York
&
Port Jefuiraon
Lexitiglon—iitook
Preferred !> percent stock
Bouds to State Kentucky (iwrpetual loan)
Louisville lo.in
Ixiulsville, Cincinnati & Lexingtuu, 1st mort
do
do
88
88
88
37
12
13
58
"s'i
51
156
22
17
145
33
10
15
202
171
200
123
123
70
31
31
92
158
94
1873
1872
1869
1855
1857
1856
1859
1867
1869
1855
1806
1862
1866
1868
1869
1867
1867
1868
$1,000
1863
1869
1869
1872
1,000
1,000
1,000
1,(K)0
1.1)00
1.0(X)
i£
INTEREST OR DIVIDENDS.
Amount
,000,000
1,0(X),000
500*0.
1,442,000
1,000
1,000
1,000
1,000
l,.595,0OO
500 &0.
500 &c.
500 iic,
.50
1,000
1,000
1,000
849,000
200,000
300,000
2,850,000
400,000
100,000
100,000
840,000
610,000
460,000
500,000
4,500,000
1,500,000
450,000
345,000
5,000,000
720,000
160,000
1868
1870
1873
1872
1,000
1.000
1,000
1,000
1853
1864
1,000
1,000
50
1875
1870
1,600
1,000
50
500 &c
100 &c
50
500
500
500
500
50
100
723,.500
1,.500,000
IjCbanon branch, I.,oulsville loan
Ixibanon l)rauch. 1st mortgage
do
extension, Ix)uisville loan
Consolidated 1st mortgage for $8,000,000
2d uu>rtgagc, l>ouds, gold
Memphis ik Ohio, 1st mort., sterling, guar
Mempliis
* ('larksvllle br.,
Ist mort., sterling...
Loiiisrillc, I'adueuh, <£ S. If.— Istraort
Vullei/ .Stock
—
Li/kens
Macon
it
Augusta— lut mortgage
2d mort., cudttrseil by Georgni Railroad
Mac4}n <£ lirunswick 1st mort.. State eudors
—
lOiiuipuient luMids
ilauisun
i(--
Uaine Central— Htoek
Maine Central Interest scrip
Ist mortgage, consolidated
summary
immca
following shows a
of
tlie ftgiires
for each
187J.
1,136
$17,591,03!)
1872-3.
1873-4.
4,150,660
g.
g-
213
7
7
7
7
7
7g.
1874-5.
3,277,527
5,6(17,910
5,7.'ia,10.1
Capital stock
50,001,000
50,0(X).0()0
Funded debt
10,875,000 16,859,000
418.1
Lake Superior & .1/l^.*iK«p/)/.— Formerly leased to
Northoru Pacific. Land grant, l.Hia.OOO acres. Foreclosure plan V. 2i, p. 111. (V. aO, p. 86, 140, 383; V,
p. S!i, 570; V. a, p. 233.)
Latorenee. I,,eased to Pittsburg, Fort Wayne &
Chicago at 40 pur cent on gross earuings. Lease
transferred to Pennsylvania Company. Gross earnings, 1874, t;174,643.
Sinking fund has $10,000 bonds.
'il,
—
,
&
Oaiveston.—'Det&nMed
(V. 19, p. 39; V. 80, p. 1 10,
on
interest Jnly, 1873.
102, 26li, 5J1; V. 21, p. 137, 591.)
I^igh VaUev.—TMs company's
earnings
arc
antliracitc coal. The gross receipts in
:10,
1875, were $6,ai«,495; net,
$2,7a3,63a;
1874— gross, $6,759.391 ; net, $3,287, <)7-a.
After interest and dividends, there was a deficit in
1874-5 of $93,0.'>3. The company's report gives no
details of the construction accoimt, nor of the
from
year ending Nov.
m
miscellaneous investments. The
Amboy branch was completed June, 1875f and
$8,499,887 had been spent on it to December, 1875.
A comparative statement for tbree years is as
follows
cost or value of
Its
• Anthracite.
3 1 1,
(V. 18, p. 297, 504, 527; V. 20, p.
593; V.«2J, p.
150.)
Zi<««itfla»ni.—Tills
company
leases the Columbus
Pittsburg, Cincin-
A Xenia, and both arc leased to
nati & St. Lonis, j.'uaraiitced by
Pennsylvania RR.,
assuming interest payment on oo'ads and 8
percent on stock. (V. 20, p. 427.)
lessees
LUUe KockJk Fort .sr»t«A.— Foreclosed Dec. 10,
1874.
Rc-organi/.ed and stock issued for old bonds. The
new mortgage Is for coustrnction to Fort Smith.
(V. 19, p. 58:1, 617, 6.39; V. JO, p. 62; V. 21, p. 418.)
Little nock, Pine liluff ,6 New Orleans.— So\iX in
foreclosure Dec. 16, 1«5, for $35,000. V. 21, p.
535, 61:l.
delphia
A
Reading.
and operated by PhilaDividends, 7 per c;nt.
ti S. W. of /ntJ.—De-
Logansporf, Crawfordsville
The total llabililies, September,
1875, reported at $4,0W,n00, of whidi $,32;,000 were
Litigation in progress. (V.
receiver's certificates.
20, p. 86, 312, 521, 693; V. 21, p. 302, 613; V. 22,
p. 65.)
Ijong /jt/and.— Change of management was made
April, 1875, and In January, 1876. a sale of stock was
made to Mr. Poppenliiisen, of the Flushing, North
C«ntral road, giving him ^ontrol. (V. 22, p.
Shore
A
135. 158.)
£«etao<on.— There are also
$60,000 old bonds. Gross earnings in 1872-3 were
$1,912,027; expenses, $976,574; net earningB, $'2.15.4.52.
The company, after paying dixridcnds on preferred
stock for some years, defaulted ou interest 1873-4.
Louisville, Cincinnati <6
*J.
1910
1923
H.'pt.,
1898
A
Jan., 18U2
Mar. 10, 1876
May, 1883
1894
July
1,
1805
April, 1900
Jan., 1876
Oct., 1877
Aug., 1900
1873
Office,
America.
do
do
July, 1898
1890
1893
do
do
do
Louisville.
A J. N. Y'., Bank of America,
do
A
do
A 0. N. Y^., J. B. Alexander.
p. A A.
Louisville.
J. A
N. Y., Drexel, M. A Co
do
A. A 0.
do
M A N.
do
do
M A N.
Louisville.
A. A 0.
do
A. A 0. N. Y., Drcxel, M. A Co
M A N.
London, Baring Bros.
A
do
F. A A.
do
New York.
M A, S.
.— F.
Philadelphia.
N.Y.,M.K. Jcsup.P.ACo.
J. A
do
do
J. A J.
Various N.Y., M.K.Jesup.P.ACo.
A. A 0.
do
do
A. A 0.
A. A 0.
New York.
.1.
I).
,1.
t,
.1.
&
Jidy, 1873
Jan.V 1881
1897
1900
Jan..
April,
Aug.
Jan.
i",
"l873
187.V6;
1,
1806 to 1887
1886
Nov., 1880-'85.
Oct, 15, 1893
April,
Nov.
1,
1898
1883:
Dec., 1901
Aug,, 1902
Mch.
1,
189»
1870
1887
1879
1887 to 1900
1889
1879
Oct., 1890
Feb..
O. Best., Nat. B'k Com'rce.
April
i,"
'1912
Receiver took possession in September, 1874. See
his report to Decemlicr, 1675, In V.22, p. 181. (V. 19,
p.351 ; V. 20, p. 2«, .383 ; V. 21, p. 277, 395; V. 22, p.181.)
—
Louisville, New Albany Jb SI. Louis Air-Line.
This road is projected from Louisville to St I,rf>als,
and has 28 miljs built. The managers hope to go on
If they
few of those out were
can sell bonds
sold to the public. (V. 17. p. 753; V. 20, p. 16, 367,
;
4.53;
faulted in 1874.
—
Lehigh <£ iMckcwanna. Operated by Central of
Jersey as a coal rood.
New
','•2,129,000
1,8:17,643
Little Schmjlkiti.— loused
(V. 20.
p. 4»i>.)
Leavenworth, Lawrenee
Ploatingdeht
S.
do
do
do
do
do
Jan. l.'i, 1870
June, 1898
Portlaudl
5,9!):),75i)
Stock
Total debt
3-J,8:i5,oao
88.0:i5,()00
;i8,:173,421
Tile company's statement of earnings for last half
of 1875, ou wliich the diviilend wasdecl ired.Ianuury,
lS7li. sliDWed surplus over interest of $1,075,000. Tlic
2d general mortgage for $:35,0<)0,OOO was created to
pay lloating debt and bonds of 188-i Willi $14,000,000
and balance to be held for improvements. (V. 19,
p. 315; V. aO, p. 16, 85, 140, 451; V. 51, p. 9, 853,
lM7.'l
June, 18C9
A.
5<),0.10,(X)0
Net earnings...
N.
N.
N.
0.
N
.1.
Gross earnings
$6,710,585 $8,759,:)91 $6,016,495
Operating exiwnses.. 3,881,860 3,471,418 3,'J«2,861
Net earnings
N. N.Y.,Bk.of
A.
$8,825,7115 S3,'287.973 $2,78:1,633
iO,2«!,44B 21.50,1.447 27 ,1 92,-i«7
11,8:19,585
.V.
.1.
3,620,120
496,500
928,300
100 &0.
N. Y., Jones A Schuyler,
Company's
.1.
!«•
600,(X)0
100
do
Q-
•r.
S
1,100,000
150,000
1,000
1872
6
6
7
3,.500,OOO
Philadelphia Offiee.
Boston.
N. Y., Union Trust Co,
Philadelphia Office.
3
41a
2,369,710
3,000,000
600,000
400,000
370,000
•CoaUtons) moved.
1873.
Miles
1,17.5
1,175
(^oss earulngs. |17,14«,1*) tl»,41l,5X)
Operat'g exp es. 11,1.')2,:«-1
II^T^O.SBS
chietly
7
7
600,000
7
357
33
357
:
1874.
6
7
2,623,483
1,
Y.,
A
A
A
A
M A
M *
M .V
A. A
M. A
7
7
1870
N
Cincinnati.
M
1.50,000
1,50,000
2.50,000
500
J.
D.
.1.
A.
8g.
3,,'>O0,00O
"39
I'artgage— ist mort., gold
of the calendar years
"7
7
1,000
1,000
O.
a a
A D. Reg.atolllcc, cp.B'kN.A
M. & S. Philadelphia Ollice.
do
do
& D.
Philadelphia Office.
J. A J.
Cincinnati.
Q.-M.
M. & N. N Y., Bank of America.
I.
7,10i>,000
1867
1869
Oct.
J.
J.
J.
J.
I
188U
1892
1885
188U
1882
Mept. J
1880
April 1 1898
Jan. I 1890
July, 1887
July, 1887
July, 188*
Various
7
6
6
7
6
100
&
&
&
A
A
A
A
A
Q.-J.
A.
113,000
849,000
225,000
88,000
333,000
1,000
A
April
July
I87tt
Union Trust Co. Jan. 1 1M1>7
do
do
June 1 1894
J. N. Y., Bost«u A Phlla.
Jan., 1899
A. <t O.
do
do
Oct. 1902
Pittsburg Office.
Q.-J.
April, 187(1
F. A A. N. Y., WIU8low,L. &Co.
Aug., 1895
J. A J. N. Y„ Farm. I,. A T. Co.
July, 189i»
yi.A N.
Boston Office,
May, IHtW
do
1892
J.
8,988,301
£200
£200
O.
31a
100
1871
1872
1870
J.
8.
7
1,000
130
83
185
20
77
77
July
O.
"7"
1858
107>3 67-'70 500 <fec.
197»2 1869 500 &c.
2d mortgage
g.
2
6
6
7
4
392
J.
&.
ic.
&
J.
7
1,600
1,000
1,000
1,000
1,600
1,000
1,000
1,000
Oct.
April
1877
Feb., 18l»7
6
1851
1867
1870
1872
1856
1863
1863
1868
O.
O.
188.''i
1,
1,
1,
i,
I,
1,
1,
.
8
3,300,000
1,175,000
175,000
Ijoulsville loan
ii
A.
J.
J.
J.
21a
2,000,000
Louise., y. Alb. tt St.
Louisville t£ JVfwAriWc— Stock
1st mortgage on main stem
Jan.
1} 187tt
May,
7
851,000
74,519
100,000
3,000,000
881,000
1,129,000
65
175
175
J.
A.
21a
31
...
Nov.
Aug.
SI.&
7
10
10
60S
185
do
2d do
L. Air-Line— lat mort
N.
N.
A.
A.
7
7
6
1, 1903
I, 188-.i
Dec.
Out.
Oct.
J.
J.
J.
J.
3
7
6,(X)0,<X)0
11,129,000
1,797,000
4,608,000
1,500,000
525,000
i,000,000
1,900,000
750,000
2,646,100
Divldeud.
A.
8
8
5,(XHI,0O0
When Duo.
maek»—Ljut
J.
8
27,0i)2,2!)7
iloiuf»— Principal,
O.
J.
7
300,0<H)
50
1868
A,
A.
A.
A.
7
7
7
7
7
7
1
D.
O.
J.
7
1805
1809
1870
1872
1857
1870
&
Jc
&
M. dc
M. &
P. iL
J. &
7
7
7
7
7
$8,971,000
3,529,000
1,198,000
5,256,000
2,692,000
921,000
7
7
1,000
1,000
1,000
4
10
19
175
Rockaway
<fe
Suuthtown
Louispitte, Oincintuili
451
02
95
95
258
1U2
162
141
81
-
StrtHit <^oiiuectiou bonds
Lillle Itnck iC- i'ori A'«u(A—
Par
of
eiii
'2d
Size, or
Rate per When Where Payable, aud by
Bonds. Value. Outstaudlng
Cent,
Payable
Whom.
For ezplanatlou of oolunin bea<UiiK8, Ae., see uot«8
at tbe bead of tlrat page of tables.
Lake Shore
xa
V. 21, p. S6.)
,
Louisville (ft yashrille. -Annual report for year
ending Juue 30 187.5, in \'. 21. p. 369. Gross earnings of main stem and branches, $4,3(Xs,95'i, net,
$1,516,398. General result of openlling whole system
and leased lines was a deficit of $31,793, after paying
Interest and all charges.
Net earnings, July to
De<»mber, 1875, much better, being J1,(M3,751.
Nashville & Decatnr is leased, and liabilities for the
South A North Alabama are assumed. (V. 30, p.
16; V. 21, p. ».i7 )
Loui.trWe, Paducah * S. IK.— Formerly Elizabethtown A Paducah, to which Louisville city
loaned $2,000,('00.
In September. 1874, Interest
was not paid. Foreclosure in progress. (V. 20. p.
857, 405; V. 21, p. 32.3, 395. 489.)
Lutens Valley.— l^eaiv^d 10 Summit Branch Railroad at $62,.50;) per annum.
Macon & Augusta.— Ijia^ed and operated by the
Georgia Railroad, which guarantees all tlie bonds
except $100,000 of first mortgage. (V. 2'. p. 157.)
itacon it Brunsicict.—ThU road being In default
was sold June 2, 1875, and bonght for the State;
offered again for sale or leas*? January, 18:6. The
Georgia Legislature declared fraudulent $(><ki,000 of
the endorsed bonds Issued In 1870. (V. 20, p. tun.
501, 546, 670, 593, 615; V. 32, p. 3 of advertisements.)
Madison dk Portgage.—ConmWdtted as Chicago
A Superior. No bonds could be negotiated after
the "Potter law." (V. 21,p. 15.(
Maine Centrnl.—K contract for operating was
made with the Eastern, Mass., in June, 1813. Tha
Maine C'eutral leases several roads. The report of
the year's operations, ending Dec 31, 18T4, aaowed
—
1
.
RAILROAD STOCKS AND BONDS.
XXll
Snbaeribora will eonfer a Kremt
Mvor by kItIdk Immd'dlate
nKSCRriTION.
Date
Miles
Size,
oi
notice or
Amount
Par Outstiindiug
of
of
For explanation of column lieadlnK!*. Ac-, "eo notox
Road. Bonds Value.
ut tlic lumd of Hint im;^ of tublu».
Maine Crntral—f Continued) —
RK
1860-1
JloncU (*l, 100,000 loiui) A. &. K.
j;.\U'ii»um 1ioiid», 1870, Kold
Maine Central loan for $1,100,000
Ix'CxIh & FaniiinRton Kailroiul loan
Anilioscoggin Railroad, Hath City loan
l*urtlaud <K Kenuobeo, ntock
do
do
l8t mort., (extended
cousoUdaUid uiortgaKo
do
do
Somerset
Belfast
UantJUM,
"38
'.
1803
180.")
Ist
—
2(>
ilO
<*
Marietta rf (7tnci»»)M«(i—Stock,
Stock, 1st preferred
100
270
common
500 Iw100
1871
1809
1870
2 '2
Framinn/Kdii— 1st mortgage
UaritUa, PUM. d- vieeeland—Ut M., $11,000 p.m.
Jfani^eW
1870
33
mortgage
l,0O0
50
50
50
3
6
'
l.-it niort., I'd gr., H. & O., coup
2d nort., huid grant, M., H. <& O., coup
do
do
3d niort.,
do
Maryland it Delaware— lat mortgage
1.50,000
lOi)
g.
300,000
1.500,000
—
1.
7g.
A;
Ac
3'«.
"
8.Ill5,(i(M)
3
7
7
7
g.
it
ct
<k
i',6i)o
1,910,000
1,000
1,000
1,000
2,0(X1.(K)()
8
8
8
840,0(10
1,0(K),000
000,001)
1,3(M),000
1872
1869
"
1874
1870
1870
1806
1869
39
39
94
94
100
1872
1872
1865
1808
1S70
1871
1809
1809
1870
1872
116
110
(
230
57
57
120
125
140
if-
May
.
July
,1.
.T.
do
The
total earnings for 1873 were $2,068,077.7S; total
1874, $2,094,0,S0..5.5, showing an
increase of
*S6,002.77. The operating expenses for )8?:! were
$I,*iO,.501.44; net earnings for 18T3,$737,."i;0.34. The
for
operating oxpenaes for 1874 were tl,a81,li81.35; net
earnings for 1874, t812,3!J().30; an increase for 1874 of
$i4,8-ij.'.l6.
lleceipts tmn passengers were $!ilO,381.89; from freight, $l,028,i)(i5.41; from all other
lonrci;^, tl54,r>8:1.25.
The report says that a
jeueraJ stagnation of busincsa materially afleeted
file road, eo that its gross
receipts have only
been increased over those of 1873 some *a6,(XX);
but tlic practice of rigid economy in working the
road has given an increase of net earnings over last
year of $7l,h*J.%. ;Durin:; the year the boniled debt
of the company was reduced by the payment of the
City of Bangor Loan
$474,000
040,000
70,000
8
1,000.0(K)
8
8
2I3
8
8
8
8
8
8
8.S0,(MI0
1,000
50 &c
1,000
1,000
1,000
1,100,000
2,134,000
7g
3,0(K),000
3,909,(i00
7g.
8
31a
10
;i20,(M)0
500,000
7g.
OOO.OtiO
1,2.51,500
7
8
2,850,000
349,000
14,758,000
768,000
7
V
7
10
10
7
2150.000
5,000,000
1,947,000
377,500
300,000
33,500
«.
g.
g.
8
8
3S6.)
May
do
<lo
N. N. y., S wenson, V, & Co.
(V. 20, p.
5(iU.)
1873 to '78
May 1,1890
J.
A.
—
elected President of tlie Memphis
Cliaricston,
with a new board of directors. No recent report has
been obtainable. (V. 19, p. 424.)
MemjihU
TJoci.—Interest has been in dofault since November, 1872. (V. 17, p. 380, 649; V.
it Little
V. 21, p. 15.)
Michigan Cmtral.—'Fhe annual r,-'port to May 31,
1'<75, (VT 21, p.
»09,) sliowed gro.<s earnings on
JO, p. 330, 615;
line and brauflies of *7,102,'a8ii, .and net earnings, $2,0;14,1S8, or $rii 2,-,0 le«,« tiian previous year.
The floating debt .Iiinu 1, 1S75, was $770,015, against
$l,05e,4D3 on the 1st of ,lune, 1874. The J., L.
S.
A
debt
pays
which
M
Defaulted and in receiver's
Cincinnati.— Otoaa earnings for the
1892'^
Aug.
r>.
New York
?ind'
O.
O.
New York and Boston.
A T. t'o.
N.
N. y., Fanu. L.
.1-
do
do
do
do
do
do
J. N.Y.,WinsIow, L. ACo.
A.
N. v., Turner Bros.
1>. N. Y., Mevdianta'N. Bk.
8.
1880
Jan.Vi873
Boston.
Boston ODitc.
do
N. N. Y., Farm. L. & T. Co.
J.
do
do
N.
do
do
O.
do
do
N.
do
do
N.
do
do
J.
do
do
R.
do
do
J.
do
do
N.
do
do
1,
Jan. 1.1885
'
8.
Oct. 1,1882
Oct. 1,1H82
May 1,1902
Jan. 1,1890
1890
1, 1883
1, 1890
1, 1890
AprU
Nov.
Nov.
July
,Tuly
1, 18s(i
1,1879
1876
.Ian..
May
1.^1902
1902
1,1895
March 1, 1K78
.Tuly
N.
May
S.
Sept.
I>.
1, ]8;i(i
1, 1891
1889
Aug., 1899
Dee., 1901
June 1,1902
Philadeii>'hiu," P.AR. Co.
Jan., 187(i
J. Dctroitj Ist Nat. Bank,
Jan. 1,1890
J.
1 890
O.
Memphis, Ofllce.
April 1, 1876
J.
do
Sept.l,'81to'93
,T.
A
A
J.
,T.
Jan.,
J.
New
D.
Various
M. A N.
M. A N.
A
A
A
A
A
J.
A.
.T.
J.
J.
>
1809
June, 1903
Y'ork, Inquire
Company's OITice,<
7 Nas.san street.
1904 1900
May, 1890
N. Y., Farm. L. & T. Co. Jan. i','i899
Boston, t'o.'s otHcc.
April 15, 1800
J.
O.
Savannah.
.1.
1876
N. Y'., Nat. City B.ank.
J. Siivannah, C. KK. Bank,
.Tan., 1.SS0
J.
^
Jan..
1887
hy Messrs. TnnuT Bros. In New York, of
Bo'nj. E. Smitli was president.
Default in in-was made in February and Angust, 1875.
2-.',
A
chiefly timber
Company
Mans/ield db Fyaming/uim.— Leased to Boston,
Clinton *Fiti-hbnrg, at
par cent of gross earnings. Consolidaticm made June, I8T5. (V. 20, p. B15.)
MarieMa, PUtsbur-jh it VleveJand.—l^el earnings
1,'
•Inly
solirtatton of
ton
trustees.
Mansfield, Coldwater it. L. J/.— Leased by Penn.
for net earnings. In hands of mortgage
(V.20, p. 420; V. 2i, p. 42.)
,
Mi'nmiilcee
j^orthern. This rosd defaulted on
interest Janiuxry, 1S~5. Circular to bondhulders, V.
iO, p. 615.
It is leased to Wisconsin Central and
there is said to be some prospect of resniuption, (V.
main
Mancliester <£ /jawre/i«.—Formerly operated with
th« Concord Railroad as one line. Net earnings
,
expenses, $1 290,690; net
earnings. $;iri,434 against $5'2:1.150 net earnings in
1874. This road forms a part of the tlirongli ronte,
and is operated in close connection with the Baltimore & Ohio Railroad, wliich lias made lar»e ad
vances for recent construction on the "Short Lme."
Annual report V. 2J, p. 208.
Marcfiiefte, Ilou'jhlon & Ontonajron.— This is acon$l,ri65.01.');
&
$783,400
These liahilities were met by the sale of con.soiidated bon'^s, and by notes payable, increasing lial)ilitics only $14,83J.
Since the date of Mie Treasurer's
report 810,700 of the Somerset and Kennebec bonds
h.ive been paid, which leaves but about *12,000 of
these bonds outstanding. (V. 19, p. 100; vol. '20. n.
'l,"l806
Jan., 187G
Jan., 190'
109,444
21,405,000
Marquette A Ontonagon and HoiigliOntonagon. Lands amount to 43."i,0II.) acres,
and minerai. Stoclj. $2,30U.C00.
Maryland S Delaware.—'Vhia line was leased by
tlie New Jersey Southern, .to form part of
the
through route, Lately proceedings iookiug to foreclosure have been started. (V. 21, p. ^42.)
Memphis & Charlei-ton This road Wiis leased to
Penobscot and Koimebec Loan
100 the Southern Railway Security Co.. Ijut in 1874 the
Portland and Kennebec Interest Funded L'a
lease was cancelled and Mr. R. T. Wilson, President
1,3,!0
Somerset and Kennebec 1st mort., in part. 247,000 of the East Tennessee, Virginia A Georgia, road was
Total
May
Bank
.7. N.Y., 3d Kntioual Bank.
N. X.Y.,K.'r. WilsonACo.
.T.
do
do
&
A
A
&
A
A
A
A
A
A
A
A
A
A
A
A
A
A
&
A
A
A
8
500,000
491,200
1,9.">8,(HI0
100
year 1375 were
8
1,000
1S08
1,000
100 1870
1,000
780 1871-3 1,000
70 1870
1,000
70
101 1809
i',6oo
101 1870 500 Ac
85 '59-'C6
500
isno
1,000
1807
500
2d mortgage
0(X),000
Bait., Mercli.Nat.
1,1891
1, 1892
Sept. 1, 1903
Nov. 1, 1885
Dec. 1, 1889
&
&
7
8
8
l,OfM)
18'2
Missouri li.. Fort Scott it (Jii?/— 1st m. l.gr. s. f
*2d mortgage, coupon, may l>e registered
Mobile d: (iirard—lat mort. ($212,.'j00 end.)
2d mortgage, endorsed by Georgia Railroad
Plain bonds
200,000
.1,900,0(H)
'
1891
1890
1890
1,
1,
1,
June
A
&
8
8
8
1.000
780
.
Jt
Sons,
do
do
do
do
London.
J.
&",!.
4».
2,179,000
550,000
8,000,000
1,317,000
158,000
810,000
1,(jOO
1808
1870
1850
1800
100
,
Marietta
A
do
do
do
do
A.
do
do
do
do
S.
do
do
K. Best., Bk. of Couimerce
U.
do
do
&
&
10
424.(MK)
l,i)OC,000
50
32
35
Preferred stock (for $7,000,000)
Ist ra. gold, smk. fund, on road and laud ( U. P.S.Br)
1st mortgage, gold (Tel>o. it Ncoslm)
Consolidated mortgage, gold, on road and land.
Hannibal &l Central Missouri, 1st mortgage
ml.^74were $40,717.
hands August, 187.5.
N. Bait., R. Garret
Aug.
Aug.
fe
it
<t
per y'r.
G
7
7
is,7:!s,2ni
1,000
1,000
1,000
1,000
1,000
1,000
l.OOO
1,000
1.000
1,000
10
I
1874-r., $101,117.
Sons,
N.
<lo
do
D. N. Y., Company's oJllcc.
<fe
6
:
A
&
&
A
&
&
ck
&
10
706,000
850,000
Sept.','l800
Sept., 1806
1, 18!tl
s.
A. Bait., R. (ian-et
&"n.
7
4
5,312,725
1,814,142
1,203,000
509
284
284
284
103
1,
,
1,000,000
Michigan "c'cH/ra/— stock
1st mortgage, convertible, sinking fund
1st mortgage, convertible
<.
Cmis.ilidali'd mortgage (for $10.000,000)
Michigan t'entral (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C
Kqnipment bonds
Kalamazoo & South Haven, Ist mort., guar
do
do
2d mort,, guar
Grand Kiver Valley, 1st mort., guai'
do
do
2d mort., guar
do
do
stock, guar
Detroit & Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)
Jackson, Ijauislng & Saginaw Ist mort
1 SSis
do
'2d mort., con v.
p.^,"*
do
1st mort. (N. of Win.), conv. c S'lt
do C!ons. m. on whole line (300m.) J S 9 £;
Michigan Lake Shore— X^t mortgage
Midland Paritic — Ist moi'tgage, gold
Milwaukee tP Northern— 1 st mortgage
Milwaukee, Lake Shore
Western— int m., gold
Mine Hill it Sell utitkilt Ifaven — stoclc
Mineral Point ()('/«.)— 1st nmrtgage
Mississippi, Ouacliita it Red lliner— Ist m., gold
Mississippi it Tennessee — 1st mortgage
Consolidated bonds
Tennessee State loan
Missouri, Kansas it J'ej-ag— stock
313,
&
&
&
&
K.
8
"7'
750,000
609,050
1873
180O
Oct.
'&"s.
4,110,100
150,(K)0
131
gr
&
&
4
2(1
ijocfc— 1st mort.,
<fc
1883
1S95
Ain-il 1,
.Tunc 15, 1870
D.
do
do
N, Belfast and Boston.
May 15, 1 kOO
N. Mauchestcr and Bostcui. Nov. 1, 1875
Oct., 191
O.
J. Boston Bost. Na t.B.ank, July 1, 1889
A.- N. Y., Wiuslow, L. A Co
Aug. 1, 1895
i,;iS(i,ooo
1,1 '25,000
54
54
291
'2d nn)rtgagc
Memjihis it Charleston stock
Tcnnesse loan
1 st mortgage, convertible
<fe
5
7
7
1,000,000
1,600,000
1,000
1872
1871
1872
1873
50
41
94
do
6
300,(K)0
1809
July 15, 1875
I'ortland, Mc.
Boat., Hat. B'k Cmn'rcc.
100
30
A. Bost., N. Bk. Coimucrcc 1890 to 1891
do
0<'t., 1900
O.
do
July, 1898
J.
do
do
•luiv, 1901
Portland.
Bost., Nat. B'k CVim'rcc.
Julv, 1891
1,1(10,7(H)
1,0.")0,(>00
.$1,000,000
Scioto it Hocking Valley KK., Ist mortgage
Bait. Short Line, stock, 8 p. c. guar by M. C
do
do
1st mort., guar, by M, & C
Cincinnati & Baltimore KU., stock
Marquette, H. <t O— Ist niort, I'd gr. M. & O., c
do
g.
7
6
6
2,500.000
3,000,000
2,004,000
4tli niiirtgage for
&
&
&
6
$1,100,000
490,500
750.800
033,000
425,000
741,400
217.300
2,l."i0,000
do ^d
do
Ist mortgage, dollar
let mortgage, sterling
2d mortgage
3d mortgage
mortgage
Income bonds
Memphis it Little
2d mortgage
any
errtfr discovered In tlteso Table*.
7iM«/.s— PriiuiUJTKUUST f)U DIVfDKNnS.
pal, when due,
Kute i)er When Where Payable; anfl hy Slocks— liost
Cent Payable
Whom.
I>iyideud.
200.000
Lttwrence Stock
CoMwiiler it L. Jf.— Ist mortgage
rf
100
100
100
72
& Kennebec, 2d uiortgatce
& Mooselu'iul,
ilaiicheeter
1870
1808
1871
1861
19
[March 25, 187G.
is
assumed
l)y
Michigan Central, wldcii
iilso
per yeair on the stock, one-third of
Semi-annual report to Doc. 1, 1875,
in V. 22, p. 41
showing net income of .«ia5.0!»2
above interest cnar^e.s. Ac. Interest was pa«se I on
the Detroit A Bay City l)oiids, not guaranteed, Nov.,
18T5.
(V. 19, p. 143; V. 20, p. 101; V. 21, p. 15; V.
$70,0(X)
it
owns.
2i, p. 41.)
Michigan Lake .Sr/wrc—Defanltcd
and
in
receiver's hands. (V. 18. p. 218, 001; V. 21, p. 1 1 0.)
1872,
Midland /VieZ/fc.— This was one of the roads
repre-
sented
wliich
terest
No litigation as yet.
&
—
p. 233.)
d
MUiDaukee, Lake Shore
Western.— \n 1873 tlie
not earnings were $7,000; cost of road and equipment, $3,750,000. Sold in fnreclnsnre for $2,50"J,788,
Dec. 11), 1875. I.V. SI, p. i?J7, B',)1.)
Mine IJin tft Sc/ivylkil! 7/««».— Leased to Philadelphia
Rendin;,', May 1864, for 9ii9 years; 8 per
cent dividends on stock.
.mneral Point.— VoM receipts 18,."!, $128,121; cklionses and interest, $l80,0i4
cost of road, &c.,
A
;
$1,200,000.
OiiaehUa it Jled TJSrvr.— Land grant
acres. Sold in forecio-nre, t)ec. 16, 1875,
000. (V. '21), p. 40.); V. 21, p. 535, liW.)
Mi.'^'i'ii'ipin.
9.57 IkK)
m>
for
Missixsippi
yWini-MWi —Stock,
(ft
earnings 1H74-5, $211. :j32. V. 22, p.
—
$825,400.
Net
181.
Missouri, Kan-^a-i di 7f.r^.s\ 'i'lii.^ riwid was buiid-'
in::: under most favorable auspices anil showed good
earnings, but in Decendiev, 1*13, passed interest.
A compromise witli hondiiolders has been jicndingand will piobably be eHected.
(V. 21. p. 137.)
Receiver was appointed, December, 1874. Land
grant is about 4,505,142 acres. Last report and details of det»t in Ctmosici.E, V. 1ft, p. 29.
(V. '20.
p. 10, 141, .501; V. 21, p. 87, lb'6, 207, J53, 395; V. 2'2,
p. Ill, l.^S.)
Missouri Hiver, Fort Scolt &. Oiilf.—Tho stock is
Interest p.aiiscd Oct , 1S7?, on 2d, and
Jan., '74. on Ist in't:,'s.-Netincomeof 1871. $.301, 71'J.
t.'onpons of .liiiiu.ary, IW, paid Juiv, '75. one luilf
cash aiid one-lialt in mos. notes, 'v. 20, p. 403;
$5,950,001).
V.
2rp.
mhile
1.5.)
Oirard.—Thc Central Railroad of Georgia endorses *2ia,500 of the flist and all the second
•mortgage bonds. Not earnings 1874-5, $22,685.
ift
'
I
I
BAIIiBOAD STO0K8
Warch 25, 1876.]
AND BONDS.
Sabacriber* will confer a ureat fkvor by clvInK Immediate notice or
DKSCBIITION.
MiloB Date
of
of
For explanation of oolunin lieadlnirs, &o., see notes
Road. Bonds.
at tlio head of Itrst page ol tablei.
180
51U
tC
Monlgomeru—atooli.
Mobile
,f
Ohio-Hlmk
$100
100
1873
1853
bonds
liitcroHt bunds
Int^Tt^Ht l)oii(I«, sterlluK
Tinmrssoii
suliH.,
1871
1871
IhI uiurtKage, stiirllng
(MlssUsippl, Gaincavllle&Tex.)
.SiM'ciul iiiortKago
*Jil liiurttiii^e
21
80
80
2:i
137
84
..,,.
84
34
137
315
Xokw—stock
Ifiisheillr, Vhallanoiiija •/: .S7.
Boud.s tu U. S. iroviMnincut,
'M mort
Istniurt. ($'.'0,000 per mile)
it Decatur— Ut mort. guar.
NusheiUe
l)yL.&N
132
133
14
mortgage
Nuihiia
Luwell—StooU
Bunrt.i for troiglit depot
2(1
(I-
"57
Afn?/j/(((i<rfc—Stock
Isl luurtjiagc, coupon ($52,000 couvcrtlblo)
jVeifurl:, Somersel it Slraitse., O.— Ist mortgage
"42
57
Xtw Jir,<t/ord~iiitoc\i
Bunds
1,000
1,000
1,000
1804
1800
2,50
.50
.New Iliiiinif- Xorlham/i. (canal
RK.)—Stock
Mui-f^agc buinl.s, ouupun
Itunds cuiivcrtililt', tax free, cuupon
KR
Ilulyulicjt Wistfti^id
Miilla'ntl— isl mort., g'ld, guar,
2d mortgage, etirronoy
iV. J.
it
500
4-c.
1,000
1871
1871
1875
1,(XK>
New yocfc-lst mort.
by N.Y.& O
80
80
37
78
(for $1,.'>00,CKH))
N.J. S«i(/«fra— Ist mortgage
1st mortgaK(^ (Toms' River br.)
2d mortgage bunds
Cunsulidatcd mortgage, for $7,000,000
New Jei-seii W'esl /.iiie—lst mortgage, gold
New Ijoiulon iY«c//i<' rn— Stock
2.5
1871
1873
1870
1807
327
1809
1S70
1871
1873
1809
Ist luurlgugc Ijunds
do
do
and ciiuipment mortgage
2d mort gage scrip
—
N. 1'., liosion I& Montreal 1st mortgage, gold
N. Y. it Cnniula-Xiit M., sterling, guar. D.& H. Can.
New York Venlralct Hmlson Hirer—Stock
Pi-cniium bonds
(N. Y., Conti'al)
Bonds for debts assumed
do
1(K) &c:
100 &c.
l,tK)0
1,000
ioo
100 &c.
500 &c.
1873
1850
1,000
1,000
18(iO
1,(XX)
1873
1,000
do
1$. AN. Kstuckboldors
do
Bonds railroiwl stock
do
do ixjal estate
do
Bonds convertible till 1869(N. Y. Central)
Renewal lionds
2d mortgage, sinking fund (Hudson River)
Coupon bouds 1S71 (not iiiurtgage)
New inortgag $30,ooo.oo(> X coupon or
'
ii2.000,0(H>
J
1,000
aSOJ
V. 22.
—
Montrlair.'
p. 158.)
The 2d mortgage was foreclosed De-
1814, and road
(V. 20, p. 10, 290,333,
278. .323, 395.)
cember,
sold again Sept. 35,
4 88,
501, 571; V.
1875.
21, p. 186,
Montgonuiry <ft ^(//a«ia.— Interest Has oecn in default since January, 1873. It Is one of the State aid
roads, and advertised for sale Dec. G, 137^. (\'. 21,
p. 489.)
Monliedlo & nrl 7i!jvis.— Defaulted in 1873. Sold
July 7, 1876. (V. 1!), p. 39, 143, 503; V. SO, p. 35S,
3»): V. ai, p. 39, 592.)
—
Morris &. Esuex. Leased in perpetuity to the
Dolawar.% Lackawanna ifc Western.
The lessees
assume nil liabilities and i>ay 7 iwr cent on stock,
and 8 after 1874, if they then earn 10 net on Morris
& Essex road. (V. 2(1, p. 85, 477, 48 8.)
NashvlUe, dhatlanooqa <fe 81. /jOnis.—Oroefi earnings of 1874-5, j;l,6.0.A26; expenses, if 1, 151,9r>l; net
caruings, |;:.28,(fll. In six months ending Dec. 81,
1875, net earnings were $391,120.
(V. 21, p. 3T0;
V. 82, p. 1(,9, IHI.)
NashvUle <t Decali'r.-I.eni'ed May 4, H71, to LoniavUle & Nashville Company for thirty years.
Nashua it Lowell.— Hci earnings in 1874-5, $56,464.
(V. 21, p. 590.)
iftraoofi/dt,— Net earnings 1874-5, t922,.32?. (V.
Sl.n.ull.)
Newark, Somerset ife Straitsi^Uls. Leased to Sandusky, Mausfleld & Newark. Guaranteed by Baltimore & Ohio.
New B«</br(i. —Tills road is leased and opeiated
by the Boston, CIintt>n & Fitchburg for 8 percent
on stock and interust on detit.
New VasUe <6 2isai\r KuBfy.— Leased to Pitts-
—
840
840
regis-
tored.
Thu company hss been in default
since March, 1875. A full account of its affairs, with
anniiul report for 1S74 is hi V. 20, p. 452; later
statement, V. 2'., p. 605, W. H. Duncan and A. F"
Klliot are Ilccoivers. (V.ao, p. 353, 4.M, .'iOl, 571; V.
21, p. OOi:
1809
1,000
1874 £100&o
100
18!53 500 &c.
1850
1,000
1854 100 &c.
1,000
1853
1854
Mobile tt Monlioineru.—SoM in foreclosure, Noveiul)er, 1874, and stuck given to old bondholders.
Old iiiortijage debt yet out, t2«3,000. (V. 2(1, p. 82,
501; V. 22, p.
Mo'Me (ft Ohio.
842
1871
1873
1873
burgh, Fort
1,000
1,000
1,000
1,660
1,000 I
1,000 i
Wayne &
to Pennsylvauia
JVew Haven
<6
M.
7
F.
284,000
573,000
5,000,000
3,000,000
6,575,295
7
7
J.
it.
A.
O,
A.
A.
M.
J.
J.
J.
7
2>a
2,400.000
7
3
1,(M 10,000
7
!'
24,000,000
488;
V.
Nashville.
do
do
&
Co.
Nashville,
Boston
('o.'s OllUte.
Sc Nashua.
Bridgeport, Conn.
do
do
N. Y., Union Trust Co.
Boston <fc New Bedford.
Boston, SuffolkNat.B'k,
New
J.
O.
Haven.
do
do
N. Y., Co.'g
Jan.
'80 to '82
.\pr.
1891
1895
Office.
P.
J.
J.
N.
N.
A.
J.
F.
&
A.
7
&
&
&
M.&
P. &
J. &
J. &
A. &
J. &
J. &
A.
N.
N.
N.
M. & N.
Q.-J.
M. & N.
F.
M.
M.
7
7
7
7
g.
425.)
a consolida
V.
21, p. .39, 64, 86, »:», 348, .TO5,
28, p. 87, 1:15.)
NrW Jersey .Southern..— IlIxX^ was a consolidation of
several roads, and leased the Vlneland, Maryland
Delaware, and Kent County roads. Interost in deLitigation in progress.
fault fince October, 187.i.
Comprehensive plan of re-organization, V. 21. p. 46H.
(V.19,p.399; V.ao, p.313. 488; V. 21, p. 406, 489.)
New Jersey Wesl Line.— In foreclosure. (V. 19,
p. 640; V. 2i), p. .38;).)
New London Norlhern.—Operiitei\ under lease till
1891 by Vermont Central for $1.50,000 a year. Income of Co., in lb74-.'i, $151,975; disbursements,
(V. 21,1). .'.90 j_
$14-3,973.
Nei€ Orleans, Mobile <* r^fw.— The Western Division of this road was sold Nov. 18, 1874. Interest
Tlie trUHiees' ciron'ar for rein default since 1872.
organization of Western Division is given in V. 21,
(V. 21, p. 2:11, .'135: V. 22, p. 2i.3.)
p. 281.
New Orleans, St,L»uis tfc tjhfcago. —Gross earnings
year ending June 30, 1875, $3,184,:«G; net, $1,303,943.
&
N. Y., 80. BR. Ass'n.
N. Y., J. B. Alexiuider.
do
O.
7g.
;
313, 358,
442, 48B, 489;
do
do
&
N. Y., Drcxel, M.
F.'&A.
&
&
&
M. &
?«• M.
&
F. &
8
J. &
7
tion of the Ilackensack & N. York and Ilackensack
Bxtensioii, and further built to Haverstraw. The
old bunds are about $300,000, 7 p. c, due May, 1890.
(V. 20. 1). 488.)
New Jersey Jfid/amf.— Defaulted after the panic of
1873 and funded coupons. The company, luring
exhausted its capital and credit in construction,
leased to the New York Midland for 7 per cent on
its cost
it had at the time a floating debt of about
$400,000. After the panic of 1873 tlie road came
l>ack without sutHcient rolling stock and without
mcaus to pay interest. The bondholders fundwl
Several
ctHipons, but default was again made.
plans of re-organization are proposed. (V. 20, p. 24"2,
•258,
&
&
A.
8
Derbj/—'Sct earnings 1873-1, $24,832.
New yort.— This was
A.
I'-
1871-5, $595,lh4; operating expenses, $399,250; net
earnings, $196,913. (V. 21, p. 590.)
<fc
do
N. Y., V. K. Stevenson.
N.
& J
& N.
& N
& J
& J.
do
do
do
,St
New Haven city guarantees $225,000 of the bonds.
New Haven & Northampton. — Gross earnings,
New Jersey
J.
O,
do
do
do
do
do
do
York
& A.
do
do
1881
S.
I^indon.
1, 1893
?« M. & N. New York and Ortlce. March1, 1889
M. &
N. Y., Co.'s
Nov.
A. & O.
do
do
M. & 8.
do
1881
7
do
A.
O.
April 1, 1903
7
dtf
do
M. & N.
May 1. 1900
7g.
2
Q.-J.
New London, OlBce
Apr., 1, 1876
A. & O. N. Y., B'k of N. America
Sept
Scot.. 1885
J. & D.
do
do
July, 1892
7
8 or 7 g. J. & J. New York, Co.'s Olllcc. Jan. 1, 1915
3,559,,000
2,941,,000
1 ,500,,000
3,723,,500
997,,000
1,997,,000
1,279,,000
5,000,,000
395,,115
0,250,,000
4,000,,(K)0
89,428,,300
5,930,,020
1,514,,000
70,,000
592,,(X»0
100,,000
88,,000
2,900,,000
1,894,,000
1,950,,000
(V. 20, p.
do
do
('.o
Q.-J.
Newcastle, I'cun.
Various N. Uaven, E.8. 8ciant<nil
J.
.
Chicago, and lease transferred,
Company.
&"j.
F. '& A.
171,500
400.000
005,000
525,000
*
1890
2, 1870
1914
18«1
1900
isse
Oct., 1901
June 1, 1915
Oct. 11,1875
1881 and '91
July 1, 1913
Jnly 1, 1900
Oct., 1887
Nov. 2, 1874
1893
Feb., 1870
July, 1876
Nov. 1, 1889
Nov. 1, 1875
July, 1, 1881
July, 1, 1804
Apr., 1870
1898 to 1900
Oct., 1874
Jan., 1890
& D
& O. New
&
*
&
1877-1882
1, 1904
Jan.
do
do
Opdyke
do
A N
&A
& J
<tc
J.
J.
Dec. I, 1883
Nov. 1, 1883
1870 and '83
1883
1901
March 1, 1880
June 1, 190U
l^a
l,078,.5OO
300,00<1
OiTidead
Co.
F.
M.
I'- M.
309,500
4,000,000
12,158,050
&
Wlien Due.
gtoelu—lMM
N. Y., Union Truirt Co.
J N. Y., Del., Ijick & W.
N. Y., U.
D.
A.
800,000
1,,500,(K)()
*
J.
7
,000,000
5,300,000
3,000,000
Wnom.
do
do
8,
7
4
900,000
200,000
3,000,000
1,.500,000
910,000
2,120,000
120,000
&
7
7
7
1
1,600
1805
1872
1871
350
J.
7
103,0(X)
500 &c.
100
500 &c.
Pavable, and by
Q-J.
31a
500,000
800,000
200,000
1,882,900
Tiuiiissce .state Lo<in
ucuiiic
J.
7g.
3,000,(H)O
500
100
200
200
200
237
237
237
2d iiiurlgagc,
3;tO,(MK)
5I)0.(HN)
14,2!)7,!»0O
5,(K)0,tMH)
1,000,(K)0
100
100
140
5U«
(to
M.
a,100,(K)0
100 &c.
1871
1873
1870
7
1,040,(H)0
185(5
i'06
2d mortgage
:
O.. Mob. it 7'ej-.— 1st mortgage (Mob. to N. O.) ...
New Orleans, St. Louis it C7nc.~Cunsulid. stock
New i-uusulidatcd mortgage (fur $2.5,000,000)
Cuusolidatfd Ist mort., gold (N. O., J. &«. N.)...
1st mortgage,
do
do ...
2d iiiurtnagc,
do
do ...
("unsulidaicd mortgage (MiSBlssippi Central)
1
(1)
1,800,000
5,800,000
ioo
When -..^
Where
Q-M.
New York.
M.& N New York and London.
M.&V
Mobile.
M. & N.
Ixtndon.
J. & J Now York and Ix>ndon.
I'- M.&y.
Mobile.
8
March
do
J. A J New York or X.«ndon.
?« M.& B N. Y., O. Opdyke & Co.
709,it20
1,000
1873
713
N.
Isl iiiurtgagc,
1,000
1,000
"50
15
13 08&70 500 Ac.
100
100
1,000
78 1809
1,000
"16 1870
1,(X)0
Bearer Valleii—SUxik
llareti d: />rr6v— Ist' mortgage
Jersey
d:c.
iiml,
n..
Payable
8
1,008,000
53,000
1,453,858
1,000
1807
1870
1870
1801
1874
liouds
New
iJlOOic
1,000
varl'uB
ruction bonds
(iiMi. 111. ife Ist on Iloonton Br. &c. (guar. D.L.&W.)
Consul, iiiorl. (fur .•fi-.>,'),o(io,o<i(>) guur. D. L. & W..
<'()ii«t
Sew
1,524,300
780,0<K)
by Alabama
niortjrajrc
t'<mvrilll)li! bonds
it
Cent.
977,.550
6,«80,0<)0
100
•J(l
Xeircimlle
.
Bate per
888,000
mort., end.
1 si niortir;i>;(', not endorsed
UuHlicdlo it I'ort Jemiff— Ist mortgage
Morris it /7i*A"cj* — stuck
1st niorttcaKc, sinking fund
New
*225
xxm
anr error dIeeoTered la theee TaUea.
Jtotult—friuel_INTKREeT OR DIVIDENDS.
r.
$3,022,517
5,320,000
1,000
100 Ac.
1874
I'oMSdlldalca luortKugo, Bold (for il5,000,000).
Miinlclair of New Jersey— \»t ui., gold, guar
iiil iiioitKUKe
IiuMime [>oiid»
Miinli/itmeri/ it Kit/aula—l
Amount
Value. OutatwidljiK
10<) SlK.
Mobile.
Oonvoitllile M per cent
Int iiiiirtpiKU, sterling
SIza, or
I*ar
:
A.
V>.
u.
o.
J.
J.
Jan. 1,1912
July 1, 1880
Oct
do
N. Y.. So, RR. Ass'n.
N. Y., J. L. King.
1,
1.80O
May 1, 1912
T4 '79 '84
Nov.
1880
1880
1«84
Aug. 1,1874
New York Co.'s Offlc«. May 1,18S»
London, Baring Bros.
May 1, 1904
N. Y., Or. Central Depot. Apr. l.-S, 1870
N. Y. Union Trust Co.
May 1,1883
do
do
Aug. 1,1870
do
do
May 1,1883
do
do
May 1,1883
do
do
May 1,1883
do
do
Aug. 1, 1870
do
do
Dec. 15, 1887
N.Y„ Grand Con. Depot.
June, 1885
N. Y., Union Trust Co.
April, 1891
do
do
Jan. 1, 1903
London.
Jan. 1. 1903
do
do
do
do
See annual report, V. 22, p. 1B6. Operated as a connecting line with HI. Cent.
Bl. Central bays up
$200,000 per year of consol. mortgage huniis of 1878.
Tho Miss. Cent. Ist raort. bonds, due Nov., IS74, were
not all paid, and Nov. 1, 1875. and Jan., 1.^76, there
was some delay in paynieitt of interest. Floating
debt June 30, 1875, $1,929,037. Receiver appointed
March, 1870.
156,281.)
I.V.
p.
21,
15,
613; V. 22, p. 68, III,
New Yorl-, Boston tft .Von/real.— Vropotnnl consolidation of several roads from New York to Rutland.
Com[iany defaulted In 1874 and now in hands of
receiver; foreclosure iiendiiig. (V. 30, p. ISO, 358,
383, 405;
V.
21, p. 16, 319.)
New York
it C(inO(/a.
— The houds are gi.arttnteed
by the Delaware & Hudson Canal Co. Road opened
through Oct., 1875. (V. 21, p. 207.)
New York
solidation of
Central
cfc
New York
was made Nov.
1, 1«(.9.
—
Hudson ffirer Tlie conCentral and Hudson Rivet
In l,s«8 the stock of tha
was $42,712,700. The scrip divioil New York Central of 80 i>er cent was made
Dec, 1808. On consolidation, another 27i>ercenl
was distiibnted 011 Central stuck and t5 per cent on
Hudson. The mortgage loan for $IO.<»H1,000 Is to
retire prior debt, and the balance fur laying third
separate comiinnies
dend
ill
and fourth track aiwd other iiiipruvenu.n'i.s. These
tracks were nearly completed from Ituiraluto.Mbauy
Jan. 1 ,1875, thus funiistiiiig a doulile track road ex
clusivoly for fi-oight traAic. The llarleiu liailroad
was leased A|)ril, 1873. The following is a comparison of operations, Ac, for live years
Cost of road
Gross
Net
Fnnded
Receipts.
Receipts.
Debt.
18J4-5...2»,027.218
1873-4.. 31,6'Kl, 86
1872 3. ..29,126,851
11,765.111
ll,«.S4,8tW
1871-S...85..'>80,075
9,1.34.2:19
-(O.OOD.OO?
.31,I8(.74'
27.72;i..M1
16.4!i«,020
l:i,2(;-J,(lH9
8,260.316 1.5.231,719
1870-1. ..21.972,105
(V, 90, p. 42, 388, 546; V. fi, p. 41.)
and
eqnipmt.
9«.3iS6.rr4
92,508,803
78.014,904
63.29F.i.:i
l»,4I),6^7
. .
.
RAILROAD STOCKS AND BONDS.
toAt
Snbacribers
-nrlll
confer a creat tmvor hy kItIiis Immediate notice or any error diacovered In tbeae Tables.
DESCRIPTION.
Miles Date
of
of
For ezplau&tlou of oolumn beadiu;;^, &c., see notes
Road. Bonds
tables.
at the head of first page uf
rf floW«m—Common stock
Preferred stock
Cousol. mort., couj). or reg. <for $12,000,000)...
8hikiii^ fund
$50
50
"do
150
1868
1860
new
2d mortgage, new
North Pennsyhania — Stock
1st mortgage
Chattel mortgage
2d mortgage
General mortgage bonds
1869
'67-'68
1869
1869
500 Ac,
"50
313
138
138
138
26
138
138
138
1855
1865
1853
1868
1868
1870
1872
"ioo
550
100
100
68.'09
Sinking fund bonds
Ohio it itississlppi — Stock,
p. c.
aiul funiled debt bonds
Ist coustolUlatcil mort. (.$3,517,000 are
Coi-8olidatc(l mortgage, sterling
393
303
148
393
393
393
8. f.)
2d consolidated sinking fund mortgage
Debenture sinking fund bonds
(tor $1,000,000) .
Spring.. Uiv. (Sp.&Ill. SE.) Ist M. (for $3,000,000)
Oil Oreeliit Allegheny Itivei
1st mort.(W.
F.RR.)
1st mortgage (Oil Creek RK.)
&
&
228
Titusville RK.)
New mortgage, (Pitts. T.
Old Colony— Stotsk
&
25
— l.st mortgage
Sold
.Vor<A«)'n.— Foreclosure
m
New York
dt
&
V.
p.
20, i-
New Enqland.—ThH was
W
Mav
foreclo.snre
•
J.
,
formerly
Bo.ston Ilartf.
Erie.
Thd road was opeiated by
the trasteea of the Berdell mortgage for several
years and conveyed to the new company iu July,
Gross earnings (iu Mass.), 1871-l>, '$910,178 ;
1875.
net. $137,106. (V. 20, p. 289, 836, 6!4; V. 21, p. 31
I
510.)
.
.
Nem
York, New Haven <t Hartford.—TSe:\. income
applicable to dividends In 1874-5, $1,699,930, against
$l,6r8,i.)0 in 1873-1.
(V. 20, p. 6i; V. 2.', p. 16.)
New York ,6 Omtego Midland.— Inleteai in default since 1873.
Itcceivers' certillcates have been
issaed, and the Hoatiiig debt, Sept. 30, 1874. was $6,314.829.
Uellcit on operations, year l8r3-4, $286,382.
Latest fandiu^ plan V. 21, p. 278. (V.. l!i, p 62
240, 351, 610; V. 20, p. 63, 312, 266, 313, 501, 522;
SI, p. 40,64 186.)
Y
New
York, Providence <fe 7?o(i!on.— Annual report
for flscal year ending Sept. 1, 187,5, siiowed net earnings $408,511, leaving a surplns of $73,711 above interest and dividend payments. Full report
V. 21,
p. 464.
North Carolina.- Leased September,
1871, to RichDanville Railroad at $8«a,000 per annum.
In March, 1875, the gaujje was changed. Dividends
of 6 per cent, are paid oa stock, of which the State
mond
ft
1,000
I'obo
50
35 58&64 500 &e.
York, King'ton Jt SwociM*. —Includes old
Oswego
1,000
1,000
1,000
1,000
y
"35
)
1375, fo.r $750,800.
(V. 19, p. 360, 533;
314, 45!, 015; V. 21, p. 100.)
500 &c.
1865
1866
40
28ifl
New York <4 i7«»to«.— Gross earnings 1873-4,
$3,856,525; operating
expenses. $1,719,384; net
earnings, fl,l.)",141. Leased to New York Central
at 8 per cent per annum (payable J. & J. on stock,
and interest on bonds. The Fourth avenue horserailroad and roal estate was retained. The extra
dividend April, 1676, was from prollts of city line.
533,
ioo
1866
1867
1871
1874
1875
1871
200
Rome~'\»t mortgage guaranteed
Income mortgage bonds
Oswego it Syracuse— Stovk, 9 per cent guar
Mortgage bonds
it
£
i200
1,000
1,000
1,000
1,000
1,000
500 &c.
217
*.
New York, Homafcruc
pending. (V. 21, p. .11!).)
1,000
1,000
1870
1876
B.)
Omaha it Northwestern — Land grant gold bonds. ..
Orange, it Newark— Xat mortgage
807,
100
100
1862
1868
1868
1871
1873
1874
.
—
1,000
1,000
1870
i .
common
yearly, cumulative)
Income
&
100 &c
100
1870
66
66
122
122
Preferred stock
New
1,000
1,000
1,000
1,000
1,000
21
21
Equipment bonds
Rondout
500 Ac,
500 &c,
82ia
—
California
50'0"&e.
74-'75
i'38
—
it
100
100
500
50
50
500
500
50
500 &c
56
—
.Bo>u/»— Princi-
When Due.
Stocks— liOgt
Dividend.
pal,
& J.
Gr. Central Depot, April 1, 1876
& J.
do
do
April 1, 1876
& N.
do
do
May, 1900
& J.
do
do
Jan. 1, 1881
& 0. N.Y, ,St. Nlch.Nat.B'k,
Oct., 1902
& J.
New York.
July 1, 1902
M. & S.
Boston.
1884
J. & J. N.Y., Grand Cen. Depot, Jan. 1, 1876
1903
J. & J. N.Y.,G.Opdyke&Co.
July 1, 1894
M. & N.
do
do
May 1, 1895
M.&N.
do
do
May, 1896
2ex J.
2ex J.
M.
7
J.
7
7 g. A.
7 g J.
"7'
5
7
3,800,000
2,425,000
1,200,000
2,500,000
76,000
100,000
250,000
837,000
3,000,000
1,000,000
380,000
899,350
96,000
820,000
220,500
g.
7
7
7
7
7
2I3
Q.-J. N. Y., M. Morgan's Sons
& A.
do
do
& J.
do
do
M. & N.
do
do
J. & J.
do
do
M. & S. Company Shops, N. C.
M. & 8.
do
do
M.&N.
do
do
6
F.
7
J.
6
7
3
3
8
'4
m.&"n.
M.&
m. &
F. &
J. &
A. &
M.&
8
8
3
3,978,1.50
1.930,500
360,000
10
,500,000
2,035,000
5,842,000
1,500,000
1,490.000
1,126,000
202,002
2,599,000
205,000
1,000,000
3,000,000
2,964,000
7
7
3
6
6
6
6
6
1,000
Northern Central Stock
1st mortgage. State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupou
3d mortgage, Y. & C. RR. (guaranteed by Bait.)
Consolidated mortgage, gold, coupon
do
registered
do
do
Income convertible bonds, coupou
Income bonds for roads purchased, coupon
Cousol. mortgage, gold, s. fund, couiJf .$ or £
Mortgage bonds (exch. for Incomes of of '72)
Nortlicrn, N. if.—Stock
Northern of New Jersey Stock
1st mortgage.
Northern Paei)ie~'lst mortgage, gold, laud grant
Norwich it Worceslei Stock
»
Ist mortgage, 8tat«loan. sinkug fund
2d mortgage
t.
Ogdensburg it Lake Ohamptaln—Htoc^
Oregon
Oswego
1,000
1,000
1,000
1,000
'58-'60
62
223
223
223
102
102
102
102
58
5B
$7,500,000
1,500,000
10,500,000
108,444
1,500,000
2,500,000
20,000,000
273.000
15,500,000
2,000,000
8,000,000
2,,5OO,00O
1,500,000.
100
62
62
Mortgage bonds
Nortlieaslern (S. 0.)— Stock, common
Pref. stock (8 per cent) exchangeable for 2d mort,
.
100 '&&
1869
1870
1871
1873
Preferred stock
.
1,000
I2I4 1873
334
225
225
Sxtensiou
General mortgage ($1,000,000 authorized)
North Curolina—Stook, common
Bonds
Bonds
Bonds
Bonds
Bonds
500 &e
500 Ac,
100
Improvement
1st mortgage (Uu.
1.000
1864
"sc
141
INTEREST OB DIVIDENDS.
Amount
When
Outstanding Rate per Payable Where Payable, and by
Whom.
Value.
Cent.
Par
1872
1801
1872
1872
i"32
N. Y. Ilousulonie <t Xortliern—lut mortgage
y. Y. Khujsi. d- Sura.—Xit m.,K'A ($4,000,000)....
A', r. -t Neio Knijland (Boat., Hart/, it JSri*)— Stock
1st mortgagee, old
Wen? York, Nem Haven, tt Uarl/aril—StocV
Harlem & Portchester, Ist mortgage guaranteed
N. Y. if Osweyo Midtaml—lat mortgage, gold
2d nun-tguge, couvertlble
2d mortgage, uou-couvertlble
3d mortgage, eniiipmeut
Ist mortgage, Western extension
CouHolidated mortgage
JIT. Y., rroD. <£ 2to»to»t—(Stoumgtou)—Stock
Ist mortgage
Preferred stock (7
Size, or
132
New York
Ist mortgage,
[March 25, 1876.
1
A.
g.
J.
J.
Cg. A.
7
A.
7
J.
J.
6
5
May, 1875
Charleston,
A.
Philadelphia Office,
do
do
do
do
J.
0.
N.
g-
3,068,400
2>3
1,000,000
4
400.000
7
30,441,300 7.30 g.
2,604,400
5
400,000
6
245,000
7
3,077,000
2
2,000,000
4
500,000
8
468,000
8
20,000,000
"3 '3
4,030,000
174,000
7
0,584,000
7
112,000
6 g.
3,905,000
7
100,000
7
1,616.000
6
1,500,000
7
580,000
7
500,000
7
1,550,000
7
6,733,800
3
1,000,000
4
1,450,000
7
265,500
1,692,000
500,000
6
16,000 p. m. 7.30 g.
540,000
6
10.950.000
7 g.
350,000
7
200,000
7
4I2
1,320,400
124,000
7
of North Curobna holds $3,000,000. (Vol. 16, p. 653;
V. 17, p. 155, 218; V. 20, p. 267; V. 20. p. 39 1.)
C—
Northeastern, S.
.\nnaal re ort for 1874-5 in
V. 20, p. 49 i».
Gross earnings, $416,956; net,
$17,5,441.
&
&
&
&
&
&
&
1878
July 1, 1876
1878 & 1881
July 1, 1899
Mar., 1876
Mar., 1876
1877 & 1888
Sept. 1, 1899
Sept. 1, 1899
S.
s.
Feb. 1, 1876
Jan. 1, 1885
Apr. 1, 1877
do
do
do
May
M. & N. Baltimore & Philadel.
Aunapolis.
Q.-J.
.1.
Jan. 20, 1876
J.
Baltimore.
0.
do
do
do
do
do
do
1896
Jan.
London & Baltimore.
July
J.
J.
0.
0.
J.
J.
&
1,
April 1, 1876
Irredeemable.
Julv, 1885
April, 1900
Jan., 1877
July, 1900
July, 1900
April, 1880
1, 1922
1, 1904
1926
Dec. 1, 1875
& D.
Boston, Otflce.
(!)
& J. J. City, Hudson Co. B'k,
1878
& J.
New York.
July, 1900
& J. New England Trust Co. Jan. 10, 1876
& J.
do
do
July 1, 1877
& J.
do
do
July, '75 to '77
Boston, Oflice.
& J.
Jan. 10, 1870
A. & 0.
do
Oct. 1, 1875
J. &J.
do
Jau., '78 to '79
M.& S.
do
Mar., 1890
Nov. 1, 1905
M. & S.
New York, OtHcc.
Mar. 1, 1875
A. & 0.
do
do
April. 1, 1882
J. & J.
do
do
Jau. 1, 1898
J. & J.
Loudon.
Jau. 1, 1898
A. & 0.
New York, Office.
April, 1911
M. & N.
do
do
May 1, 1883
Ist coup, due Nov., '77
Nov. 1, 1905
F. & A.
Philadelphia, Office.
Feb. 1, 1896
A. & 0.
do
do
Apr. 1, 1882
J. & J.
do
do
July 1, 1890
F. & A.
do
do
Feb. 1, 1896
Boston, Office.
J. & J.
Jan. 1, 1876
M. & S.
do
Sept., 1876
F. & A.
do
Aug., 1877
F. & A.
do
Aug. 1, 1881
M.& a.
do
March, 1894
do
J. & D.
June 1, 1895
J. & J.
N. Y., Koinitze Bros.
Jan., 1901
Newark, Office.
M. & N.
A. •; 0. N. Y., Diexel, M. & Co.
M. & N. N.Y., Fanners' L.&T.Co.
May, 1915
F. & A.
do
do
Feb., 1891
P. & A. N. Y., Del., L. & W. BR, Fell. 20, 1876
M.&N.
do
do
1880 & 1885
J.
J.
J.
J.
J.
J.
J.
terest
on bonds, 8 per cent on preferred stock and on
6 per cent for three years, 7 for the next
and 8 for the next fourteen years.
common
three,
—
Ohio & Mississippi. An abstract of the annual
report to Tune 30 was given in V. 3!,p. 322 and
464, The following comparison is for three years:
,
North Penmylvania.—Gro»srac(i\\}ts in year 1874-5
$1,417,734; net, $.jl2,19i; surplus above interest.'
$160,527. Stock held by Philailelpbia city was sold
February, 1875. (V. 20, p. 2;!I, 403; V. 23, p. 134.)
1873-4.
1872-73.
Earnings
$3,751,422
Operating expenses. 2,613,313
1874-75.
$3,204,479
2,310,969
863,510
815,472
Northern Central.— T .le annaal report for 1875 in
OnnoNicLE, V, 22, p. 278. sliows gross earnings,
Net
1,141,109
$3,478,074
2,510,880
931,193
Interest.&c
1,03S,';37
77,S,138
expenses. S3,!i.2,123; net.
$1,564,124.
The total net income was 8l.70fl,6;)9. of which
$1,247,176 was paid for interest and rentals. leaving
net Income, $4.59,463, equal to 7 86-10 per cent
upon the capital stock of tlie company. The report
for 1874 showed gross earnings of $4,670,500; expenses, *3,.'i83.553; net earnings, $1,292,916. (Vol. 18,
p. 376, 512, 584; V. 19, p. 617; V. 20, p. 267,336,
The companv purchased the Springfield & Illinois
Southeastern Road March, 1875, for «i,OIX),000 in
$1,926,247;
1
3 55;
V.,22, p. 257.)
Northern
;
New Hampshire.—"Set income
year 1874-5 was $I93,89J.
Northern of
(V. 20, p.
flscal
499.)
New
.7«rs«y.— Operated by Erie at ;B
per cent of gross earnings, which in 1-74 were $295,Dividends of 4 per cent a y^ar have been
0.T4.
paid.
(V. 20, p. 488.)
Northern Pacific.— '^nM Ang. 12. 1S7.5, for $100,000
and pref. stock is issued to bondholders at the rate
of $1.4 K) for each $1,000 bond, and this inclifdes the
interest funded to July, 1878.
This stock is exchangeable for land at its par value. (V. SI, p. 15,
78, 137, 100, S31, 323, 372; V. 22, p. 135, 159, 209.)
Norwich
Worcesto'.— Leased February, 1309. to
Boston, Hartford & Erie for 100 years at 10 per cent
per annum on cost. Dividends paid of 10 per cent
per annum. Gross receipts iu 1874-5, $729,440; net,
$294,997.
<t
(V. 21, p.
590.)
Ogdensburg it Like CAoffip?rti«.— Leased in March,
twenty years to the Vermont Central for in-
1870, for
bonds secured on the Sp. ,&I. S. road, and with privilege of funding coupons to Nov., 1877; of the same
mortgage bonds $1,000,000 were reserved, the proceeds to be used for improvements. Since election
of directors Oct. 14, "75, the Bait. & O. interests are
more largely represented in the board. (V. 20, p.
235. 267, 290, 291, 477, 491 V. 21, p. 269, 822, .372, 396;
V. 22, p. 111.)
—
OU Creek iSb Allegheny River. Sold in foreclosure
consol. mortgage, Dec. 29, 1S75, for $10 ],000. New
organization made Jan., 1876, as Pitts. Tilusv. &
Buff. Hit. (V. 21, p. 40, 302; V. 22, p. 16, 135, 2T9.)
—
Old Co'ony. There are $-32,000 5 per cent bonds
due 1884. Total earnings in 1874-5, $2,286,473; expenses, $1,443,135; net, $7«,729. (V. 21, p. 533.)
Omaha it Northwest.— PAseed interest 1874. Some
bonds and coup's exchanged for lands. (V. 22, p. 79.)
Oregon cfc California.— Bonda nearly all placed in
Germany. After default in 1873, projiositiou offered
by Ben. IlolUday, President. (See V. 19, p. 480.)
Oswego <fi Hom«— Operated by the Rome, Waterto\vn
Ogdensburg at 8 per cent on $30J,000 stock
interest on flrst mortgage bonds.
&
and
Oswego d: Syracuse.— heaaed to Del. Lack. & West,
on bonds and 9 per cent on stock.
for interest
'
March
—
.
.
.
.
.
.
.
1
.
AND BONDS.
RAlLROiJ) STOCKS
25, 1876.]
lmm «al«te
Anbacrlbera will eonflir a great tfcTor by kIvIiik
notlee ol any error dl««aT«r«d la ikf>M
Tab
••.
OR
tkmdi PrftetDIVIDENDit.
Miles Date Size, or
pal. When Due.
Amount Rate per When Where Payable,
of
of
Par
For exiilanatlon of column beadiiiKH, &e., ace notes
and ky 8lockt—LMHt
Outstanding
Road. Bonds Value.
Cent.
Pnyable
at the hood of first page of tables.
Whom.
Dividend.
tNTEREffr
DE8CKIPTION.
Owensboro
RaesellvUU
tt
— 1st mortgage
36
483
283
283
Paciflr nf .lft**(>«ri—stock
iKt uiortgiiKc, Kold
3d niorlKiigc
Caroiiili-let Branch, Ist mortgage.
Lex. & St. Louis branch, Ist mort., gold, guar,
do
2d niortgiige
do
Leavenworth, Atch. & N. W., 1st mort., guar
Paducah <* llemphi»—\st mortgage, gold
Panama Sfiwk
(Jeneral mortgage, sterling
Paris 1* Danrille,— 1st mortgage
1871
1872
—Stock
Petinst/leitnia
iiiortgage
jBrie—Stock,
Preferred stock
1st
1st
mortgage, Sunbury
&
6
1,000
3
6
3"
3,000.0t)0
1,000
1,000
1,000
100
500 &c
1857
1861
1868
1869
18.57
i',6bo
1836
1836
1868
1868
1871
1871
1871
1873
1873
1874
1872
1,000
18.36
—
.
.
do
do
do
put*., O.
20
100
98
do
do
do
2d mortgage
Ist mortgage, Steubenville & Ind„ reorganized.
ife Newark Division bonds
.
Owennioro * Ru-mellvUU.—tiov/ Evaiisvi:ie,
•nsboro & Nashville. Embarrassed.
Ow-
f Jfiwoxr!.— Road was leased July, 1818.
&
to
Pacific Railroad and dividends guarSept. and Oct., 1875, the price of stock
f«ll from 47^ to 7H, the principal canses being
a decrease of $(i{*3 996 in earnings since .lannary 1;
Ihe failure of A.
P. to pay the Octol>er dividend
advertised, and the fact that the road was so heavily
loaded with debt to A.
P. Co.
The lease was
snrrendered Nov., 1875, and litigation is pendins.
Interest ou 3d mortgage and on Lexington
St
Louis in default, December, IKth. (V. 80, p. 888,
4(9, 598; V. 81, p. 40. mi. 396, 412, 418, 466, 4 9, 585,
571, 598; V. •«, p. 10, 182.)
&
A
A
Padvcih A Jffimp^i^.— Foreclosure proceedings
commenced, but compromise afterward reported.
88.1.)
Panama.— \
V.
steanishin line proposed; see basis,
(V. 20, p. 358; V. 21, p. 807, 831 V. 32,
81 p. 4S9.
p. 88, 833, 247.)
,
Parin
&
;
-
—
Pari* <* Decatur. Consolidation.
Midland. (V. 19, p. 351; V. 21, p. 613.)
Paterton <t A«iearjl:.— Lately
Now
(V.
Illinois
operated by Krie.
la t29a,(XI0.
ftWn, Lincoln
<4
Wabash A Western.
April 21, W.n.
2.231.900
11,536,250
290.000
161,000
1,000,000
700,000
639,000
1.
000
1,000
1,000
1,000
1,000
0,222,(HX)
5,000,000
3,000,000
775,000
on guarantees of Interesi or rentals,
A.
A.
g.
6
7
7
«g.
«K.
Net
Z>««<«r.—Leased to Toledo,
To be sold in foreclosure
3
4
«
6
6
6
6
7
7
6
7
$18,862,319.
$8,147,888
$188,1196,.S60
9.3.'6.!)24
IM.010.000
9,
145,704
8,847,858
105,781,0-5
88,589,5.37
corporation distinct from the Pennsylvania Railroad, formed to
operate all the leased lme» west of Pittsburg. The
stock is owned by the Penn.
In 1S74 the operations showed net profit of ^814.8:18, includinir receipts
from the Company's investments, A very complete
exhibit of the operations ami financial condition of
all its leased roads was published in V. 20, n. 42S,
Ac. (V. 18, p. 19J, 285, I'm, .-KM, S.M, (^80; V. 19, p.
377, 471, 504; V. 80, n, 16, 8li. 267, 31i,4M; V, 21, p,
is a
RR
VT 28, p. 263.)
D«(a7OTrc—The lease of this road
to the Peimsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
Fennmtvanii d yew Kor*.— Operated In close
connection with the Lehigh Valley. Net earnings
1873, *448,.361.
Dividend of 7'^ percent p:iid onprc-
(V. 22, p. 847.)
Peoria
Chicago,
<t
<t
common
stock
is $1,061,700.
Bureiv Ka//g/.— leased perpetually
Rock
Island
A
Pa.
iflc
to
at $185,001 per year.
Peorii, Pekm <t Jacknonci le. -la je»i ending
mortgage for
*54e,ono. UefaultedMay 1, 1872. Coupons unfunded. Jane ,30, 1874, net earnings, $80,2«;.
Censol. with I't. Huron A L. M. July. 187:1. W. L
Paorla <t Jtoci/rianrf.— In hands of receiver. DeBancroft. Receiver. ("V. 17, p. 155, (>50, 768.)
faulted in 1874. There are old 10 per cent bonds of
Hnnfylvania.—The report for 1875 is given in V. $150,000. (V. 20. p. 141, 616; V. 9^ p. 1159. 319, .V»:
28, p. 253. In May, 187.'), the dividend was changed V. 82. p. 66.)
to the rate of 8 per cent per annum. The direct
P«r*fe>mffl.--Ijeased to Philadelphia * Reading.
funded debt of ttie comiany is $.y),i)00,000 in 1874
P«<er.«J«rp'.— Gross eaminss 1874. $240,145; net
the liability as a guarantor of principal and interest
(Vol. 19, p. 351; V. SO, p. 692; V. 81, p.
$10.3,373
was on $88,988,600 bonds; annual liability addl64, 872; V. 2>, p. 18S.)
i^inin*u/ar.— There
is
also a second
;
1905
1903
1903
1903
June 1, 1896
D.
do
do
June, 1006
A. N. Y., Chic, R. I. A Pac.
Feb., 1870
J N. Y., Imp. A Trad. B'k. July 1, 18!t4
New York and
Phlla.,
do
London.
227 S. 4th
do
St.
Feb!," "1900
Apr.
June
1,
1,
1897
1913
Jan., 1872
N.Y., Lancaster, B.ACo. Jan., 1879 '98
do
1902
do
Philadelphia, OOlce.
do
do
J.
J.
do
do
Jan., 1879
Jan., liKK)
Oct.. 1891
J. Philadelphia, Pa. RR.
O.
do
do
O. Phlla., Pa. Life A T. Co.
Oct. I, 1877
March 31, 1881
do
July 1, 1888
Philadelphia A L<mdon.
July, 1920
Philadelphia, Office.
Jan. 25, 1876
do
do
Jan. 25, 1876
do
do
1880
do
do
1886
London.
1880
do
1880
Plilladelphia, Office.
1888
I/ondon.
1877
Philadelphia, Offloe.
1893
O.
do
1893
do
D.
do
do
June, 1911
J. Pbiladclphia A London.
Juno, 1911
do
J.
J.
D.
Philadelphia, Office.
do
J.
do
Jime, 191
Jan. 1, 1893
O. Philadelnbia or I,oudon Oct. 1, 1897
Philadelphia, Office. April 10, 1S76
Q.-M. Pliila.. TreastU'er of Co. March 3, 1876
J. A J. Philadelphia A Boston. Jan. 3, 1876
J. A J.
do
du
July, 1884
A. A O.
do
do
April, 1876
A. A O.
do
do
April, 1887
A. A O. Phll'delphia, Co.'s Office Oct. 1, 1892
A. A O.
do
do
April 1, 1900
F. A A. Pbila.. Pa. RR. Office.
Aug. 1, 1900
A. A O.
do
do
April 1, 1913
M'nthly; N. Y. Agent, 57 B'way.
Maj-, 1884
J. A J. Pbila., Pii. RK. Office.
Jan., 1890
84.886,009
88,012,585
ferred stock, $2,000,000;
15,
April","l878
V.irious
^,642,871
Pennmlvania
Annually.
June
J.
$ao,»«3,251
The Pennsylvania Company
A.
J.
J.
J.
J,
A
A
A
A
A
A
A
A
A
A
A
A
do
do
2>2
..
..
du
do
O. Pittsburgh Co.'s Office.
A.
New York.
A.
Philadelphia, Office.
O.
do
do
D. Phlla.. B'k N. America.
A O
A D.
J
A J.
A
A
A
A
A
A
A
1910
Pliiladclpbia, Ofllce.
7
1874 . ...
1873... ..
1878...
July iV 1892
Jan. 1, 1878
6g.
Total Stock
and Debt.
.
Oct. 10, 1897
Ix>udon
A.
Earnings.
1875...
Jan. 15, 1876
6
Earnings.
B
A
A
A
A
5g.
of $1, (IS). 1129 over all payments,
including dividends. The following is a comparison
for fiiur years on main line and branches in Penn-
Gro
J.
J.
2i»
6
6
operations east nf Pittsbnrg, in 1875, the report
sylvania
A
A
A
A
A
A
219
130, 361, 458, 598;
Z>ant>U2r.—Foreclosare in progress.
Sl.p. 186, a»7.)
Stock
all
1,2.59,100
J.
7
shows a net surplus
Atlantic
anteed. In
(V.81, p. 110; V. 28. p.
tional
On
10.500.000
9,588.000
19.900,000
13.113,500
50
50
500
1875
1868
1873
1864
1864
200
200
117
33
Col.
Pw'fic
9<W.0<K)
1,000
1,000
1,000
1872-4
L.—litt to., cons, (for $10,000,000)
dt St.
7
7,000,000
1.000
1,000
1.000
J.
6
6
New York and
&"j.
6
10.(>SR,000
1858
1866
1867
F.
J.
"4
100
'26
J.
J.
7
3,000,000
8,680,000
32,725,775
1,551,800
1,510,500
79,500
182,400
967,200
495.900
134.400
1.138,900
2,700,000
1843-9
F.
A.
8
8
5,0(H),000
1.000
1,000
1,000
1,000
.1.
London.
A J. N. Y., Erie Railway Co
A A. N. Y., T. W. A W. RU.
Feb., 1900
A N.
New York.
HaylH89to'90
Feb. 2, 1876
y .-F. Philadelphia, Olllce.
J. A
do
do
Jan.. 1880
A.
^"
300,000
6,048,700
2.400,000
1.000,000
50
50
"a
F. "a'a.
800,(HX)
4(K),000
50
50
Phihutelphia i* Trenton Stock
Philadelphia, Oennanlown d- Norritttoimi—SUwlk
Philadelphia, Wilinint/ton le BaltinwreSUiek
Ist mortgage, convertible
Plain t>onds, loan
Deo.
1892
1895
1898
1809
&.
I'- A.
300,000
745
750
1,
1,
1,
Oct.
.1.
7
7
4
7
7
5(K),000
I>»au deheiitiu'e
Ijoau mortgage
Consolidated mort., dollar loan, coupon or reg.
do
do gold, dollar or sterling
do
do dollar loan, gold,coup. or reg
Debenture loan (convertible 1 H7(i-it2)
Improvem't moi^. (dollar or sterling) siiik'g fund.
Gen. mort., .$ and £ (.^ink. fund 1 p. c. yearly)
Coal * Iron Co.. guar. mort. (for $;i0,()00,000)
bjpt..
May
Commerce. Oct. I,'l889
Kew Yorlc Offloe.
0.
A 0.
Q -M.
7
l,.->00.000
100 Ac
100 &c
100 &c
1839
1869
1866
do
do
sterling
do
do
do
East Pennsylvania Ist mort., sinking fund
Ijoau mortgage, sterling
do
of
J.
F.
519,000
1,324.200
.r.
A
Q.-J.
1,0H3,000
100
Preferred stock
Mortgiuje lo.ans inconvertible
Loan mortgage, convertible
Commerce
do
D.
A.
7.19.-1,000
8,000,000
l,2(KI,0O0
"40
—
2
5,007,360
20,250,000
100
287
287
287
'
g.
6
1,000
Erie
7
4,970,000
I'.OOO
36
10
287
mortgage
2d mortgage
2d mort., gold (for $20,000,000), guar by P. R.
Phitiulelphia i£ Reading Stock, common
7
l!t,9!l9,7«0
1873
3(i
common
!'
68.87O,'20O
1864
"83
82
82
N. Y., B'k
O.
Q.-J.
1,000
1,000
DO'S 1870
18
1867
Oenlral—lut moit. (Pa)
it
1,000
1.500,000
1,200,000
1,000,000
1,000,000
1,500.000
621,000
.
2d miirtgaxe (Pu.).."
Ist mortgage (Md.)
Philarielph ia
1,200,000
500.«K)
1 ,076,000
3.800,000
500 Ac,
1873
1873
1873
1866
1866
83
83
bonds (payable $25,000 yearly)
Ball.
7g. A.
'.500
46
2d mortgage
iC-
3
2,7!tl,OO0
"so
105
Feb., 1H85
St. I>aulH.
A."*0. N. Y., B'k
1.511,000
7,000,000
69.'70
44
44
105
.
2K- A. A
6g. J. &
500,000
50
50
.
mont'l,
4200
1873
—
1st mort.
000,000
A.
200,(>(X)
1870
PtnuAf/trania
stock
Preferred stock
1st uiiirig.tge. gold, (held l)y Pennsylvania RR.)
Penngj/lrania it Delaware Ist mortgage
'2i\ luortgage
PennaijUania tt New York 1st mort., guaran...
iHt Biortgage. ^uarauteed.
Peoria <t Bureau rfiZ/ry—Stock
Peoria, Pekin d Jacksonrille- Ist mortgage
Philntlel/jli ia
M.&, i N. Y., B'k Commerce.
M. A N. N. Y., Allan. A Pac. RR
I'.obo
1872
1868
1871
A
Co.—Common
K., (sink, fund)
8
7
7
7
l,IiMJ,0(XI
Ciiiieral nmrl., Ph. to Pitts., coup, and leg ..
Hi jte lieu (pay 'ble in auuHullusflm'ts of $460,000)
Cimsol. mortgage, cotip.
reg. (s. f. 1 p. c. yearly)
&
7
A
J. A
M.&
1,500,000
2,500,000
500.000
Ao.
1,000
1,000
1,000
1867
75
12
07
166
869
355
—
—
Pstcrsbnrff —Stock
100
341a
Decatur, (Ills.)— 1st mort., g'd, sink, f d.
Pafersftn tfi A'firarfr— 1st mort., guar, by Krie
Pekin, Lincoln te Decatur 1st mortgage
I'eiiinnHlur (Miclr.)— Ist mort.,gold, sink. fund..
Cousol. mort., gold, guar. P.
Q.-J
K.
ibo
47
47
<t
2d mortgage
Peoria <t Rock /.—1st mort. (after $150,000 10s)
Prrkiw)ien 1st mortgage
N. Y., Imp. A Trad. N.B. Feb. 1, 1802
N. v., At. A Pac. R. K. July 20, 1«7.'»
N. y., B'k Conimerot!.
Aug.. 18H8
J
do
do
July, 1691
N.
do
do
May 1, 1892
F. 4c A.
1>3
0«.
2,700,000
800.000
500 &e
55 "4 1871
55 "4
21 1870
115
—
—
8
7,(MKM>0<>
1,000
1,000
1872
200 1875
15»a 1873
.
l.st
$1,500,000
7,000.000
7(H),000
nuirtKHKf (sinking fund $50,000 per annum).
Rial <wfi»tB (dipof) bonds
Debt til St. Louis County (no bonds)
Iiicoiun bonds, (Kuan>iite.t;d Atlantic & Factflc)
2il
Paris
1872 $500i&o,
100
I'so's
J.
Loudon A
do
Philadelplila.
July
do
1, 1908
1892
Q.-J.
Philadelphia <t Baltimore CSm'ro/.— Operated for
past, in Pennsylvania by trustees of first
mortgage bondholders.
Phil., Wil. A Halt, largely
some time
interested.
Philadelphia * Erie. -Leased Febmary. 1882. for
999 years to Penn. Railroad, but without any rnar
antec of bonds. Gross earnings. 1875, $S.8«(CW7;
net eaminffs. $1,1?7.4:8.
The Penn. Railroad is
creditor $2S4,844. (V. 20, p. 8, 243; V. 22, p. 2< 6.)
Philadelphia rf /?/"irfi?w;.— The net earnings of main
and branch lines in 1874-5. were $4.5:10.768, against
$5,7ao,'M5 in 1873- and 5,157,766 in 1872 :-. Income
from other sources. $8,311, 89, against $',851,67o in
1873-4.
The trustees of the general mortgage hold
the mortgage of the Coal & Iron Co. A comparison
of statistics for three years is as follows:
,
Gross earnings..
Op. expenses
Net earnings
....
Inc. other sources
Funded debt
—(V. 19. p. 17,
.
1878-.3.
1873-4.
I '74-6.
$14,888,661 $I4,458,i;i J12.««»,"a7
8.731,916
^,180,1.59
9,474,896
IS.iBl.Tfie
1.065. 116
$5,720,205
l,3M.t!70
44,1*1,716
68,1.%5,13S
$4,530,768
•,341.889
57,184.111
32. 51, 358, 480; V. 40, p. 358; V. 91,
V. 22 p. 109.)
Leased to Pennsy vania
Philadelphia it Tre^lon
Railroad with United New Jersey companies at 10
per cent on sto<'.k.
PhU'de'phia, fermantawn tt .Vorrintowi*.- Leased
per
for 999 years to Phdadelphia A Reading at
p. 45H;
U
cent,
on stock.
Phtlade'pUa. tniminoton * Sa/rtmor».— Net earnending Oct. 81. 1875. $I.S40..»), leaving a
small surplus of Income abitve payment of 8 per
Last annual report in V id. p.
cent dividends.
ings, year
IS«.
t~inciniwH <t fit I«t*t«.— This comPltttttmrq,
pany leases several roads and Is itself controlled by
Pennsylvania Company, which holds a majority
the
of the capital stock. Annual report V 21, p. 13.
(V. i«, p. SB! «», 426, 491.)
— —
.
BAILROAD STOCKS AND BONPS.
ZXYl
Sabserlber*
irlll
confer a creat tairor
DESCRIPTION.
Hor explnuatl(Ui
of
column
at the hewl of
first
h«H(linK8, Ac, see notes
page of tables.
kItIok tminedlate notice ot any error discovered In ttaeae Tables.
/Eoa(f«— PrinciINTEREST OR DIVIDENDS.
Due.
Miles Date size, or
Amount Rate per When Where Payable, and by pal, whenLast
&'(ocA-«—
of
I'ar
of
Outstanding
Wnom.
Dividend.
Payable
Cent.
Koad. Bonds Value.
bjr
I
4G8
468
PilltbHrn, fY. Wayne A C*«o«(;o—Stock, piar.
Special Improvement stock, guaranteed
&•
do
do
do
do
do
do
UU
do
2(1
2d
3d
2d
2d
2d
o«
3d
I?
do
do
do
do
do
do
Plttsbtirp, Ft.
^O
Wayne &
468
468
468
468
468
468
468
468
468
468
468
468
IS
n
i^^
tlnn. construction bonds
Kqnlpnicnt Iwnds (renewed)
f'AaWcK(on— Ist niortgage, gold
Vrt.
PilUb.,
<£•
149
10
149
1808
1859
1870
167>a 1871
66 1869
62 1870
1871
ii'e
1871
ConnellitHlIe.— 1st mortgage
Turtle Crook division
Ist
do
Consol. mortgage, (guar. B. & O.)
Plymmilh, Kmik. <C i'nc— Ist m. ($3,600,0(X))
Port liiiron d! L. Mich.— lift mort., traf. guar
Portland <t Ogilensb.—Xat mort., E. D., gold
Piltiib. rf
New mortgage
(for $3,300,000)
1st mortgage, Vermont Div., gold
rf Knchester—li^t mort., s. f (Portl. loan)
Ist mortgage, equal lien
(Portland loan) sinking fund
2d
do
FoHI.
52
Porlland, Saeo <t Portsmouth— Stocii
Port Royal {S. (7.)— 1st mortgage, convertible, gold.
Portsmouth, Gt. Fulls <t Vonway Stock
Bimds (not mort.) gimrantccd by Eastern RK
Providence <t Worcesta Stock
111% 1869
—
71
71
67
Mortgage Itonds
Reading it ro?H»i6ia— Ist mortgage, coupon
2d innrtgago, coiiiM)n
Jieadiny i£ Lehiffh — l.st mortgage
Rensselaer
rf-
tt
Saratoga
—Stock
isi
181
142
10
Dan tille —Stock
State sinking ftmd loan
Bonds, guaranteed by State
Consolidated mortgage, coupon or registered
New general mort., gold (for $6,000,000)
Piedmont
l)rancli, 1st
1870
1862
1864
50
Ist mortgage, coiiRolidated (for $2,000,0(X))
Richmond
1872
44
50
—
1871
142
49
29
mortgage
NorMiwestcn), N. C, Ist mort., guar
Rich'd, tredericksburff <t Po(om«c— Bonds, ster
Dollar loan
Coupon bonds of 1881
Richmond A Petersburg— 1st mortgage coupon...
1874
1873
1870
1875
1808
23
New mortgage
Rockford, Rock I. <t St. Louis— lut mort., gold
Rome, Waterlown i£ Ogdensbitrg Stock
1st sinking fund mort., Wat. & R
Geneiai mortgage, sinking fund
281
218
97
190
190
360
120
—
2d mortgage
Consol. mort., convert, till July, '79, coup
BuWoiM?—Stock, common
Preferred stock
do
New general mortgage
Si. Joseph it Denrer City— Ist m. gold, E. div
Ist mortgage. Western division, land grant
do
Louis, Alton <f: Terre H«»(f— Stock
Preferred stock (7 per cent yearly, cumulative)
1 St mortgage (series A) sinking fund
Ist mortgage (series B) sinking fund
2d nuirtgage, preferred (senes C)
2d mortgage, preferred (series D)
St.
2d mortgage. Income
Equipment mortgage
St. Louis, Iron Mountain <t Southern —Stock
1st mortgage, coupon
2d mortgage, gold, coupon, maybe registered
(s. f.
after 1880), coup.,
maybe
rcg.
Cairo, Ark. & Texas, 1st mort., gold, coup, or reg.
Cairo & Fidton, 1st mort.. gold, on road and land.
Pennsylvaiiia Railroad, at a rental equivalent to interest, sinking fnnd of debt, and 7 per cent on $i!%714,230 stock, whi' h wa.** increased at that time fr«n
$1 1,500.000. The lease was transferred subsequently
to the Pennsylvania Company. The lessees to keep
the road in repair, and also pay taxes, expenses,
etc.
Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Company.
New stock of $4,100,000 issued to Pennsylvania Railroad for improvements, Ac, is under
article IG of lease; guaranty on old stock not
aflFcctcd.
Net earnings have paid lessees thus far a
handsome
profit. (V. 18, p.
45.'),
630; V. 20, p.
485.)
FlUshurg Ttrifinia <t Charleston.— Ot these bonds
the Peunsylvania Railroad owns $500,000.
Piltab'irg WmMiiglon. * Baltimore.— T^s was formerly Pittsburg & Connellsvillc. Interest was in
default to city of Baltimore, which owned a large
amount of
1875, to
the bonds, and a transfer was made Mav,
Baltimore & Ohio RR. for $1,000,000. (V.
V. 19, p. 17; V. 20, p. 291, M6; V. 21, p.
18, p. 5J8;
161
.)
Paajie.—\n foreclosure.
Of. is, p. 120; V. 20, p. ,314, 491; T. 21, p. 372.)
Port Huron <t iMke Michigan— This forms part of
the Chirago & Lake Huron consolidation, witn Pen,
msolar of Michigan. Interest was in default Nov..
1878, and coupons funded for three years.
(V. 18, pi
<6
V. 20, p. 357.)
Portland rft Ogdenslmrg. The two d visions were
consolidated March 1875 as one company, and a
mortgage of $8,000,000 on whole line is proposed.
In March. 1876. Co. passed the interest on Portland
city bonds. (V. 80, p. 291, 358, 453; V. 21. p. 130,
3»«, 6i:i; V. 'A p. 182.)
Portland <* Rochester -Th\6 is the old York & Cumberland sold out in 18(i5. Net caruings year ending
192, S63, 376, 455, 608;
—
August
1,000
500 Ac.
1,000
1,000
500 Ae.
1,000
31, 1874, $47,288.
?«
6
Cg.
7g.
7g.
6g.
6g.
eg6
7
6
3
I'6
4
6
7
7
1867
1872
1874
1870
1872
1870
J.
7
M.
6'
J. "a" J
J.
J.
6
6
6&f
Office.
1880
1, 1875
1875 to '00
Jan,
N. N.Y., City Nat. Bank.
do
O.
New York or Richmond
J,
London.
Richmond,
Various
Office.
do
8
AO. Richmond, Office.
A A. New Y'ork ami Loudon,
I'- J. A J. N. Y., Farm. L. A T. Co.
do
do
M. A S.
7
do
do
J. AD.
7
do
do
J. A J.
7
do
do
A. A O.
7
8
A.
•?
F.
Boston, Treasurer,
"3ias P. a'a.
M. A N.
7
M. A S.
8
M. A N.
8
8«.
8g.
F.
F.
A
A
1,400,000
1,400,000
1,700,000
7
3
7
7g.
7g.
6,000,000
1,617,000
2,500,000
1,500,000
8,000,000
7
Sept. 1, 1880
Dec. 1, 1891
Jan. 1, 1892
JiUy 1, 1904
Feb. !2Vi875
1880
1880
1902
A N. Y'., London A Frank, Aug., 1899
May 15, 1900
do
do
A.
A
A. A
F. A
M. A
M. A
M. A
F. A
M. A
A. A
J. A
J. A
J. A
J.
7
10
300,000
19,470,653
4,000,000
1918
Augl,"
July 15, 1875
1,
Sept. 1,
Nov.
1,
July "(!.' 1874
7
7
7
1,1(X>,000
1875
1875
1881
1880 to '86
May
do
do
do
do
do
do
"3'
g.
7g.
291, 453; V. 21, p. 78.)
A
Portsmouth, Great Falls
Oonway.—OwneA in
1872, and is leased by Eastern Railroad, Massachusetts.
1894
1894
1894
1894
N. Y., Oflicei'2 Wall st
do
do
do
do
do
do
do
do
do
do
New York
1,894
1880
Feb. 15, 1873
ofllee.
N.Y.,Offlce 20 Nassau st
New York or
do
New
London.
do
Y'ork, Co.'s Office,
do
do
do
do
Aug. 1,1892
Mav 1, 1897
April 1, 1914
June 1, 1897
Jmie 1, 1897
Jan. 1, 1891
- Rockford, Rock Inland * St. Zorrf*.- Sold in foreclosure August 16, 1875. for $I,.320,000. $5,000,000 of
the bonds have a priority. Distribution after sale, V
22, p. 135.
319, 396,
(V. 21, p. 87, 110, 160, 186, 807, 831, 245,
489; V. 22, p. 135, 182.)
4,58,
Some, Waterlown tt Ogdensbiirg —The last report,
in V. 80, p. 3 1 1 , shows gross earninrrs in 18i4 ol
1,138.868; expenses, $770,856; net earnings, $:368,611.
Againi<t the bonded debt th« company holds $617,183
The Lake Ontario Shore Road
in sinking funds.
has been conjolirtated with the Home, Watertown
Ogdensburg, and is in progress to Niagara. (V. 19J
'
p. 169; V. 20, p. 8, 163, 31 1 ; V. 21, p. 442).
AJ
Pnnidence
<fc
ing Septi'mber
Worcester.— '^et earnings year end-
1S75, $230,278;
(V. 21, p. 590.)
$1,370,UJ0.
30,
floating
debt,
—
Reading cfc Volnmbia. This road is operated and
controlled by the Philadelphia A Reading Railroad.
Floating debt, $,093,494.
&
Reading
;
Richmond,
do
Nov., 1021
1888
,T.
—
ing,
A
A
do
Port Royal. The Georgia Railroad guarantees
$500,000 of these bonds; balance in default. (V. 80,
road
N. N.Y., Del.A H.Canal Co.
A
A
A.
Portland, Sam <k Poiismoulh— Leased March 18,
1871, to Eastern Mass. Railroad for 99 vcars at 10
per cent per annum; modified Dec, 1875. to 6 per
cent for two years. (V. 21, p. 372, 434, 592.)
II.
A
M.
670
500,000
1,192,000
1,500,000
5,500,000
2,300,000
2,468,400
1,100,000
1,000
1,000
1,000
1,000
1,000
1,000
a" J. N. Y., Nat. B'k Com'rce. Jan. 1,1876
"i"
.500,000
100
isAtyA.— This was the Berks County
and icised to Philadelphia A Read-
sold out,
March,
1875, for 99 years.
(V. 3J, p. 63, 267.)
Rensselaer db Saratoga.— Lcsisei May 1, 1871, to
Delaware & Hudson Canal Company, which pays interest on bonds and 8 per cent on stock. In 1872-3
Rutland. —U-Af/iA January, 1871, to the Vermmt
Terms modified in July, 1874. D«fault|
(V. 19, p^
rental, and lease again modified.
180; V. 20, p. 186; V. 21, p 18R, 490; V. 82, p 809.K
Central.
made on
81. .Joseph
cfc
Denver OUy.— The road was sold
foreclosure Nov. 4 and
V.
31, p. 40, 418, 442, ,505;
St. Louis, Alton
Terre HSute to E,
<fc
5,
V.
1875. (V. 19,
88, p. 234.)
In
p. 40, 5f8;
Terre //a«/«.— The main line—
mond Air-Line. 'Fhe Penn. Railroad owned $600,000
stock of the Richmond
DaavUle, and took $1,000,000 of the new bonds at 80. (V. 20, p. 8, 291, 568;
St. Louis— was leased June, 1867,
St. Louis at 30 per
for 90 years, to Indianapolis
cent of gross earnings up to $2,000,000 (but in n«
year to be less than $450,0001. In 1874 gross earnr
la
1873,
ings were $1,2&4,136, against $1,318,658
1872 the company paid three years' dividends on
preferred stock in the same, increasing said stock ky
The Belleville Branch, and Belleville
$428,408.
Southern Illinois (leased) earned net in 1S74, $269,661
(V. 18, p. 584, 608; V. 20, p. 380, 546, 571 V. 81, f.
V.
64.)
was
the net surplus t« lessee
Plymouth, Kankakee
8
1876
1876
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1887
1884
4,
3,
1,
1,
A A.
1,
A S.
1,
A O.
1,
M. AN.
1,
J. & D.
1,
J. A J,
1,
F. A A,
1,
M. A S.
1,
A. A O,
1,
M. A N.
1,
J. A D
1,
A. A O.
1,
J. A J ti.
Mch. 1,
do
do
M. A S.
Philatlelphia.
July, 1898
J. A J. Bait., Bait. A Ohio RR,
F. A A. Pittsb., First Nat. Bank Aug. 1, 1882
J. A J. London, J.S.MorganACo
July lV'l901
New York.
J. A J.l
May 1, 1899
New York.
M. A N.
Jan., 1900
J. Boston, First Nat. Bank
J. A
Nov., 1901
do
do
M. AN.
May, 1891
AN. New York and Boston.
M.
J. A J. Boston, Columbian B'k. July 1, 1887
Oct. 1, 1887
do
do
A. A O.
do
Sept. 1, 1891
do
Various
Boston, Oftice.
Jan. 1, 1876
J. A J.
M. A N. New York and London. Nov. 1, 1889
Eastern RR. Co. July 15, 1873
J. A J. Bost.,
Dec. 1, 1892
do
do
J. A D
Jan. 1, 1876
Providence, Office.
J. A J.
July 1, 1880
do
do
J. A J,
M. A 8, N. Y'., Union Nat. Bank. Mch. 1, 1882
June, 1884
J. &D, (Joiumbia, First Nat.B'k
A.
7
2,479,700
4,168,700
686
210
210
686
100
72
300
Arkansas Branch, 1st mortgage, gold, land grant
Pittsburg, Fort Wayne if; CAicajyo. —This company
having previonsly earned a surplu:> above 10 per cent
dividends, w«8 leased July 186). for 9!)9 years, to
100
100
100 Ac.
100 Ac.
100 Ac,
500 Ac.
100 Ac,
100
100
Jan.
Jan.
July
July
July
July
July
July
JiUy
July
July
July
July
July
July
Y., Winslow, E. A Co, Jan.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
J.
M.
7
7
3,(K)0,000
1870
1870
1872
1869
1870
126
120
120
112
170
266
1,000
1864
1864
1864
1864
1864
1870
Equipment mortgage bonds
Cons. M. gold
1855
1861
1872
1874
A
J.'
P.
7
7
m
52I3 1867-9
521a 1870
521a 1871
.
7
7
7
7
7
7
7
7
7
.500 Ac.
875,000
500 Ao.
875,000
500 Ac.
875,000
.'iOO Ac
875,000
500 Ac
875,000
500 Ac.
875,000
.500 Ao,
860,000
500 Ao.
860,000
500 Ac.
860,000
.500 Ac.
860,000
500 Ao.
860,000
500 Ac.
860,000
500 Ac.
2,000,000
1,000
100,000
1,000
1,000,000
1,000
1,000,000
1,000
4,000,000
100 Ac
400,000
£200
6,500,000
1.000 20,000 p.
1,000
1,800,000
800,000
1,124,000
100 Ac.
2,300,000
500 Ac,
700,000
500 Ac.
3.50,000
500 Ac
450,000
100
1,500,000
1,000
2,500,000
100
770,000
500 Ae
486,000
100
2,000,000
1,800
500,000
100 Ac,
050,000
1,000
350,000
1,500,000
ioo
7,000,000
1,000
1,925,000
100
4,000,000
508,486
157,800
1,768,500
1,092,000
500,000
500,000
67,778
299,917
295,500
1,000
175,000
50,000
1,600
9,000 ,P00
100
3,147,600
100 Ac,
799,900
500 Ac,
1,200,500
1,000
1,000,000
-J. N.Y.,Win8low,L. ACo.
do
do
-J.
1%
IH
$100 $19,714,285
100
4,100,000
1871
1862
1862
1862
1862
1862
1862
1862
1862
1862
1862
1863
1862
1862
1857
1874
4(i8
1st mortgHge (scries A)
1st
do
1st
do
do
1st
do
do
1st
do
do
Ist
do
do
[March 25, 1876.
Richmond
$923,05;
;
&
$201,597. (V. 20, p. S«.)
Danville.— Grom
net, .$333,447.
earnings
1874-5,
This company leases the
North Carolina Railroad and the Piedmont Railroad,
and forms a through route with the Atlanta A Rich-
A
21, p. 614;
V.
28, p.
180.)
earnings, $.382,298;
$202,81S.
—
Gross
Potomac.
expenses, (180,049; net earnings,
Richmond, Fredericksburg
(V, 21, p.
<S
6ia.)
Richmond dk Petersburg.— Qrosa earnings year
•uding Sept. 30, 1875, $164,9*5; net, $78,251. Bonds
dne and not presented, $99,500; bonds paid off,
$50,500. (V. 22, p. 16.)
A
m
&
;
St.
Louis, Iron Motinlain <ft So\Mem.—Oma
1875, $3,808,941; net. $1,613,98:*. Consolidation was made in 1874 with Cairo A Fnlton
Texas. In March. 1875, the
and Cairo, Arkansas
company issued a funding circular, jiroposing to
fund three coupons on all bonds except the old firsts.
(V. 19, p. 144; V. 80,p »»4, 616; V. 81, p. 614; V. 22
p. 209.)
eaminas,
A
;
:
March
..
.
EAILROAD STOCKS AND BONDS.
25, 1876.]
XXTU
:^«=
=??=
Sobsoribera will confer a creat tevor hj ctvlnc Imiiiadiate notice or anjr error dUcoirered la theae Table*.
JBpwi*—IhrinolI STEBIratT OR DlVU>Eyi>a
DESCRIPTION.
Miles Date SiM, or
pal, When Due.
Amount
of
of
For explanation of oolumn headlnee, Ac, see notes
Par Out«tivndiug Rate per When Where Payable, aud by Blocks— lAiM
Road. Bonds Valne.
Cent.
Payable
whom.
at tbe bead of flrat page of tables.
Uivldeud.
Kannu City A iV. -Stock ($12,000,000 pref.)
l«t raortKHKB (North MIsRouri)
E«al estate aurt railway mort. (for $3,000,000)..
St. Louu, Lmerenee rf iJenrer— Ist mort., gold
St. Louis <« Smilheustfru—lHt ni., Rold, conv. s. fund
Cnnsoliilnted iiioitKHKe, gold, sinklnx fund
KviiiiHvllIt', llcndrrKoii & NjiHlivllle, Ist mort
St. Louis, Yumlalia if Terrr. Uiiule—lnt m. s. f. KUar.
2d mort., nliik. f., ifuai: ($1,000,000 con. not guar)
at. L.,
582
$100 $24,000,000
1865
1874
»!>*
354
210
420
08
'69^71
1,000
1872
1867
1867
1868
1871
500 Ac.
1.58
158
Inoonie
IkiikIh
St. rani !<:• /'(iri/?c— Brancb, Istmort., on 10 miles..
1st uiortKaKe, St. Paul to Sank Rapids, 80 miles..
2d mort. on HOni.and Iston 1. Kr. of 307,200 acrs.
1st mort.. West or malu line, land grant
2d mort.. West or main Hue, laud grant
Ist mort, St. Paul & Paciflo land grant
St. Paul <t Sioux (Jity—Prvt, stock, various issues..
Stock
Sacramento Valteu, (C'al.)—lst mortgage
SanilHskj/, Mansfield it JVeworfc—Stock
Ist mort.,
new
Scnamuih <t Charleston—C. & 8., guar. l)y 8. C
Funded int. bonds, S. & C. RR., guar, by 8. Car.
1 st mort. Savannah &. Charleston RR
Sanmnnh <£ ileiiiphis—lBt mort., end. by State.
10
80
80
250
207
370
121
121
40
118
116
101
Seaboard
Roanoke—Stock
dt
—
ft-
Sioux City SI. Faul—lfit mortgage, gold, I'd grant
1st mortgage, cnn-eucy for $2,100,000
Somerset— 1 st mort giigp, gold
South Carolina— Stork
Ist mortgage, sterling loan
—
. .
<£•
Southwestern (</rt.)—Stock, guarant'd 7 per aimum.
Company bonds, convertible Into stock at par
Muscogee RR. bonds, convertible at 87'2
SuringHeld, Athol it ff. B.— 1st mortgage
Sin-ingfield, Decatur it Illinois.— 1st A 2d mortgage
Slerliitg
Stockton
a
Sijraeusr, liinghainlon
mortgage
2d mortgage
it .V.
by
—
Syracuse Northern. 1st mortgage
Summit Brunch (P«.)— Stock
iC- Lewislnn—l st mortgage, gold, .v
I'erre Ha ute it Indianapolis—Stock
St.Louis,
tees.
Kansas City it lforUiem.—\la\< the stock
—
(ft
A
A
&
&
24.5,
442;
V.
82, p. 88, !59, 209, 281.)
St Paul <£ Sloua: City. —This company has a land
grant of 708.4.36 acres.
The slocks arc secured by
liens, there being no bonds issued.
(V. 19, p. 191
V. 20, p. 544, 546.)
"
.
'
Sacramento Koaey.— Bonds fell duo July 1. 187.5,
aid 5 p. c. notes otTcrcd in payment. (V.21, p. 15,159.)
Sandusky, MannfieM <fc Newark.— TMs road is one
of the Baltimore & Ohio sy^-tcm
it is leased to the
Central Ohio, and the lease guaranteed by Baltimore
;
A Ohio.
(V. 19. p. 584.)
Savannah eft 6'Aarfeiton.— 'nterest in defanlt. Road
in hands of State Comptroller.
(V. 20, p. 453. 491
e
V.
21, p. 16.)
.
Savannah eft Memphis —The road was
but became embarrassed after the crisis
,
,
in progress,
ot 1873, and
passed interest. A funding propo,<iUon was oiffered.
(V 19, p. 3S«.)
aehwjlkUl Faaey.— Leased to PhUadolphia A Reading, with 10 per cent dividends.
I'.OOO
1,000
50
500*0.
1871
1864
1871
1869
45
40
32
50
50
500 Ac.
100
100 Ac.
500 Ac.
500 Ac.
1871
1871
1871
105
242
242
242
1,000
1,000
1888 Various
1868
500
1872
1866
.500
1888
100
1870
1,000
1873
1867
1870
1874
1869
1872 100 Ac
1870
1868
i',6oo
1868
1,000
1870
1,000
183
183
57
57
69
116
117
87
170
170
386
24
257
ioo
100 Ac.
1865
1,000
1875
1858
1867
1871
"ioo
1,000
1,000
1,000
50
"so
1860
1873
Seaboard
Mnrch
<ft
im\
505,000
111,800
500,000
16,000 p. m.
576,0.50
1,278,400
210,000
16,000 p. m.
16,000 p. m.
838,500
241,000
8,000,000
869,450
1,994,000
1,000
1865
1868
80
73
of receiver.
186.
"28
28
(for $1,600,000)
(V. 19,
Louis
1870
1860
45
20
p. .377; V. '.II, p. 372.)
Southeastern. In default and in handH
See report at length in V. 2'2, p. 180.
(V. 21, p. 137, 418, 442; V. 22. p. 88, 180.)
St. Louts, Vandalta <ft Terre Haule.—The com.
stock is $2,378,458, pref. $1,381,700. This road is
leased to Terre Haute
Indianapolis at 35 per cent
of gross earnings.
Bonds guaranteed by Terre
Hante
Indianapolis, by Colnmbiis, Cmcagj
Indiana Central, and Pittsburg, Cincinnati
St.
Lonis. (V. 18, p. 631.)
St Paul <* Pad/fc.— The bonds are nearly all held
abroad, and an agreement for re-organization was
made by Dutch bondholders Nov., 187.5. (V. 2], n
St.
"40
50
100
100
81
81
81
Is pref., 7 per cent yearly, but not cnmnlntive.
Gross earnings in 1874, t'2.405.«50; net, $661,027.
(V. 19, p. 190, M8; V. SO, p. 475, 571; V. 21, p. 160.)
.S7. Louis, Latcrence A- /)«*r«r.— Leased to Pacific
of Mo. .\dccision of much uitcrest to bondholders
of leased roads was rendered by Judge Dillon in a
suit agalnut the lessee for intirrcst, hut that suit was
discontinued, and another brought in name of "rrus-
1,000
30
C. P.)
r.—Stock
SuHbiiry
1 st mortgage
Bonds ot 1873
2,306,.500
.500
100 Ac,
.500
50
100
"7
st
1
50
1,000
48 >s 1871
MnunUiin
(N. 1'.)— Ist mortgage
Copnrroimlis— 1st mort. (guar,
I'.obo
"iiio
do
dollar bonds, (L)
2d mortgage (for $.3,000,000)
Domestic Imnds (I)
Domestic bonds (K)
So. itXo Aldtmma 1st mort., endorsed by Alabama
Sterling mortgage, guaranteed l)y L. & N
Southern nf Long Islaml—XfX mortgage (8. Side)
2d mortgage 8. Side (Ist mortg. s. fund)
Mortgage iMtnds Southern of L. I
Southern Central (.V. r.)— 1st mortgage
2d mort. gold (!fKK).000 end. by Lehigh V. RR.)..
Southern, Iowa
Cedar Kapids— Ist mort., gold
Southern Minnesota— 1st mortgage
2d mortgage
Sonlhernl'aeific (Cal.)— 1st mortgage, gold
Southern Vennsylvania— 1st mortgage, gold.. .^...
7
1,020,000
3,250,000
21,000 p.m.
1,000,000
1,899,000
2,600,000
1,000,000
1860
1853
1868
1869
1870
i22
124
<t:
7
1,2.50,000
1855
40
23
80
mortgage
Selma <t Oulf—lRt mort., guarautced by Alabama.
Selma, Marion it Memj>his—l«t mort., end. by Ala..
Selma, Komt it Dalton—lut mortgage
2d mort., Alabama & Tennesflcc RR.
Oencral mortgage for $5,000,000
Shnmokin Valley <£ I'ntlseHle— Stock
Ist mwrtgagc, gold, ou road and lands
Sheboygan t^ Fond (I u Lac 1st mortgage
Ist mortgage extension
Shenango .* A lleghany—lut mortgage
Shore Line ( Con «.)—Stock
1 St mortgage, construct ion bonds
Sioux City raeifie— 1st mortgage
2d mortgage (goverumcnt subsidy)
8,000,000
120,000
700,000
1,200,000
3,000,000
6,000.000
15,000,000
1,678,000
400,000
400,000
1.037,553
100
i'oi
1 st
1,000
1,000
1,000
1,000
1871
..
Seh uylkill Fn//ey— Stock
1,000
1,000
1,000
7.50,000
694,000
795,000
1,000,000
200,000
1,629,000
1,628,020
500,000
1,240,000
450,000
5,819,275
1,483,777
916,.50O
739,000
1,Z96,.500
66,000
391,000
5,355,000
750,000
1,500,000
600,000
1,500,000
600,000
1,500,000
3,340,000
1,252,000
14,346,000
625,000
3,892,300
399,000
300,000
416,000
3,650,000
350,000
500,000
2,000,400
1,400,000
270,000
500,000
2,502,250
1,200,000
1,088,150
800,000
800,000
.
7
7
7
8
7
7
7g. M.
7g. H.
7g.
10
8
10
(ft
17, p. 1.56, 6.50;
7
8
&
7
8
g.
2I3
4
7
8
8
7
8
7
3
?«•
8
7
4
7
6
6
I'-
J.
J,
liondou.
do
1873 to '75
S.
S.
N. Y., E. Kelly A Co.
1st N.Bk., Sandusky, O.
N. Y., Union Trust Co,
July l,"l875
Charleslon, 1st Nat. Bk,
March
New
York,
April
Sept.
do
Jan.
N.Y., I/ancns(cr,Ii.A Co,
Philadelphia, Otttet:
May
N. Y.,lmi>. ATrad. Bk.
N. Y., Ro<l<ley, Boll ACo.
N. Y., II. Clews A Co.
New York Oflice.
do
do
do
do
Philadclphia,Tiiuu«nror.
do
do
N. Y. City Nat. Bank,
do
do
N.Y., N.Bk.ofCom'rce.
N. H., Nat. N.H. Bank.
do
do
N. Y., N. Park Bank.
U. 8. Treaa., at maturity
N.Y., Metropol. N. B'k.
Q.— F.
1
A J
A J,
A. A O.
7
7
A. A O.
J. A J
8g. J. A J.
«« M. & N.
M. A 8
M. A N.
7
7
M. A N
7
F. A A.
7g. M. A 8
6*^
Nov., 1901
June, 1891
7g. M. A N.
8
7
A
A.
7
M.
J.
7
7
7
J.
"7"
J.
J.
do
Charleston.
May
1,
A
'a
J.
A.
A
seml-nnnnHlly, A. A, O. (V. 20, p. 8.1
Simir. City it St. Pii id.— Then are also $486,000 ad
mort. bonds and $16<l,0iX) equipment. Net earnings
In 1074 were $8n,.36.'i.
Ijmds, 629.832 acres. (V. 16
p. 627; V. 19, p. 191: V. 20, p. S44.)
Sotnerset.-Tms road Is leased to Maine Central.
So>tlh Coro/i»o.—Gross earnings in 1874, $1,;%5,972; operating expenses, $850,515; net earnings.
$515,456 (a decrease of $61,006 from 1873.) Annual
rej)ort in V. 20, p. 35 6.
South it North. Alabama.— This road is leased and
operated by the Loui.svillo A Nashville, which guarantees the bonds. Preferred stoek, $1,500,000. (V.
18, p. 632.)
Southern of Long Island.— Th\s isl successor of
Sonth Side, and operated with Flushing N. Shore A
Central under one managemeDt.
There are also
$60,000 6 p. c. mortg. bonds on Rockaway Branch,
and $64,.30O 7 p. c. on Southern Hempstead Branch.
do
do
1878 to '88
1890
Ca
Bank
Mar. 1, 1900
Dec. 30. 1875
1888
1872 to '76
.Tilly
New York.
l,'831o'93
"i"8"85
N.Y.,D.L.AW. RR.CO. Deo.
O.
$169,80(1.
1887
1900
1879
1899
1882
1900
Amsterdam.
15, 1875
do
do
Oct, 1, 1876
June, 1887
do
do
J. N.Y.,Farmer8'L.A T.Co. July 1, 1901
A. Philadelphia A Boston. Feb. 16,1876
J.
one of the United
States Oovcrnment subsidized roads. For year ending .Iiine.SO, 1874. gross earnings were #319,819, and
net earnings $56.11.5. Pays 7 p. con pref. stock,
1890
J.
7
7
in July, 1873.
it Pa<Tf^.— This is
A Co.
Boston, Eliot Nat.
J.
I'-
Sioux City
1,
1,
1,
1.
1,
1,
"a J.
A
A
—
Jan.
N. Y.,C. P. Himtington.
F.
—
A Co,
London, Baring Bros.
N. Y., UaUatiu Nat. B'k Mar.
May
do
do
N.Y.,Of»iccll Mercer st Nov.
VermUyi- A Co. Aug.
N. Y.,
Mar.
do
do
A J
A J.
A S
A D,
I'-
IS. p. 366.)
1880*1892
do
N. Y., Drexel, M.
O. N. Y., P. M. Myers
Dec.
A. A O.
J. A D.
J.
Mav, 1871
1882 to '88
1882 to '88
Oc*. 1. 1902
April. 1891
•
Savannah, Cent. RR.
Various
Macon,
Various
SJjj
6
4
7
7
London.
New York.
A
J.
J.
g.
Charleston, 8.W.RR.B'k
J.
J.
1, 1877
1, 1899
1, 1889
1, 1800
Jan., 1878
Nov. 1,1870
1880
Jan.l. 1890
Kept. 1, 1«89
Jan. 1, 1872
Jan. 1,1884
Apr. 1, 1887
Feb., 1876
July, 1901
June, 1884
Oct., 1898
Apr. 1, 1889
Juu-. 1876
8<n't. 1, 1880
Jan. 1, 1898
Jan. 1, 1898
do
do
1875
1,
July, 1902
7
—
new
A
A
A
A J.
A N.
A J.
A N.
A J.
A O.
A 8.
A J.
A J.
A O.
A A.
A J.
A D.
A O.
A O.
A J.
A S.
A J.
A J.
A N,
A N.
7
—
V.
N.
N.
A
Koanofe.— Net earnings year ending
Rome A
A
A
"a" J.
Datton. This was formerly the
Tennessee River. Interest In default
and road to be sold. (V. 19, p. 40.)
Shamokiu Valley dk /toWOTWfe.— Leased February,
1863, to North. Cent, at 7 p.c. on bonds and 6 on .«tocK.
Sheboyffan it Fond du Lac. This is one of the
Wisconsin roads in progress in 1873 which went to
default. A funding plan has been offered.
Shsfiango (ft Allegheny. This is one of the leased
lines of the Atlantic & Great Western, on which
"rental trust bonds " were issued.
The net earnings 1873 were $86.8.51.
.shore Line. — Leaded to New York & New Haven
at $100,000 per year. Old stock was exchanged for
.Selma,
Alabama
N.Y.,
2
$181,152. Report V. 21, p. 276.
Gu/f. 'The proposed line was Selma to
Pollard, 100 miles. Interest in default.
Selma, Markm (ft Jfort/j/its.— Defaulted 1872. (V.
1,
Selm I
Nat Bk of Com'rae July 1, 1805
do
do
Sept. 1, 1004
Nat Bk of Cora'ree
A N. N. Y., (1. Opdyke A Co Nov.",'i'8n4
do
do
Aug., IMRi
4A
do
do
July 1, 1897
J. A J.
Jan. 1, 1897
J. A J N. y.. Third Nat. Hank.
do
do
May 1,1898
M. A N.
Oflici! of Treasurer.
March I.IUOI
March 1
M. A 8. N. Y., MauhattAU Co.
1802
1802
J. A J. N. Y., Drczel, M. A Co.
J. A D.
do
do
189-J
N.Y.,
Og.
7g. M.
?«• P.
N.Y.,Fannei-s'L.A T.Co.
do
do
Jan. 24, 1 «76
Julv. 1879
1893
Southern Central. --Tom^s an extension into New
York State for I.ehlgh Valley, which company cndo^^e8 $400,000 of second mortgage bonds.
South lou'a (ft Cfdar Rapids.— In progress. Ottnmw» to Cedar Knpids. la.
.Southern Minnesota.— \ foreclosure was agreed
upon by mortgage bondholders. Land grant is about
1,"90,(I0() acres.
(V. 30, p. m, 291, 571; V. 21, p. 78.)
Southern Pacific (Co/. >— This road is in progress;
has ahout 20 mdes bnilt. It is constnicted by the
"Western Development Co.," and controlled by
Central Pacific parties. The stock is »»2.412.a00.
In 1874-5. on Iril miles opcTated, the gross earnings
were $1,230,951 gold, ana net earnings. $730,4'>1 gold.
(V. 2!, p. 160. 23!, «1 1
V. 22. p. 281.)
;
•Southern Pennsylvnnift.—'ms i^ a
mining and
rail-
road company, rc-organi/.od in 1872 after foreclosure
under second niortg^c. The road is leased by- the
Cumberland Valley,
—
Southwestern (ieorgia. Leased to CentralGcorgia,
Dividends 8 per cent a year to every 10 per cent en
Central Georgia stock, but 7 per year is guaranteed.
SpriaaMd, Athol «fc NortJitastern. -Net earnings,
1874-5. $.37,408. (V. 21, p. S90.)
SpHnijfield,
catur dt Illinois.— Consolidation.
See V. 4l, p. 489.
Sterling i'ouHtain.-'^i st ot road and equipment,
$50J,46S. Tletearain;- 872-^. $1.5.673
Stockton it Copper no i«.— Defaulted July. I8T4.
and old Iwnds of $1,000,000 exchanged for present.
(V. 21, p. 159. 160, 316.)
D
m * New I'or*.— Operated by
A W. Dividend In 18:5. 4 per cenT.
Syracuse Northern.— Sohl in foreclosure July, 187B,
nodera.3d mortgage and bought for R. W. AOg. (V.
Syracuse, Binghamt
Del. L.
21, p. 180, 349.)
SummU Hrmtch.—lhia is a coiil road, and leases
Lykcns Valley. Tel earnings in 1873, $237,4S0.
SunMiiy (ft LeiHston.SoUl in foreclosure May,
1874. and re-organized.
<V. a, p. 5I>, 111, J84, 2.57 )
Terre Haute ,t Indiannpons.—Anunai report in V.
Not earnings tn 1874, $»),020, against
20. p. 498.
$382,182 in 1873.
.
.
BAILROAD STOCKS AND BONDS.
xxvKi
[March 25, 1876.
Sal»erlbera will eonflBr a sreat fltTor bj bItIiib Immrdlate notice ot any error discovered In tbese Table*.
INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
Amount
For explanation of coliuun licadin^, Ac, see notes of
Rate per When Where Payable, and by
Par
of
Outstanding
Cent.
Payable
Whom
at the head of first page of tables.
Road. Bonds. Value.
Texat
4743
tt Paeifto—lBt mortgage, srol
Kold.
2d nioitgage, consolidated, gold
Toledv, J'corui it
let i>refei'r«Ml
Warmw—Stock
preferied
2<l
1872
247
247
247
mortgage (W. Div.)
mortgage (E. Dlv.)
2d mort gage W. Di v.) convertible
Consolidated mortgage (for $6,200,000)
Ist mortgage (Burlington Div.)
Toledo, Tim^^
i^<t*l- — iHt mortgage
Toledo, Wabash <* Weslern Stock
ioo
100
100
1161a 1866
110!^ 1864
lie's 1866
227 1870
10 1871
24 1872
628
iBt
1st
(
'^'
Preferred stock (7 per cent yearly, cimiulative) .
1st mortgage (Toledo & Illinois)
Ist mortgage (Lake Erie, Wabasli & St. Lovils)
1st mortgage (Great Western of 1859)
Ist mortgage (Quincy & Toledo)
Ist mortgage (Illinois & Southern Iowa)
2d mortgage (Toledo & Wabash)
2d mortga ge ( Wabash & Western)
2d mortgage (Great Weslern of 1859)
Eiiuipmen t bonds (T. & W.)
Consol. mort., (on all except St. L. Div.) convert'e
2d consolidated mortgage, gold
Ist mortgage, (Decatur i East St. Louis)
"75
167
177
29
27
75
167
180
242
525
628
109
43
43
82
37
35
& Naples— 1 st mortgage
do
2d
do
Lafayette, Bloomington, & Miss.— Ist mort
Hannibal
do
Lafayette, Muncie »fe Bloomington, 1st mortgage
<S Bost/>n—Stock
Ist mortgage, consolidated
CoBvertlDle bonds
Trou Union— lat mortgage, guaranteed, Troy City
Troy
35
100
1853
1853
1865
1865
1862
1858
1858
1859
1863
1867
1873
1869
1868
1870
1871
1871
29
1,038
1,038
1,038
100
100
?
1866-9
1,000
1,000
1874
1,600
1866
1,000
1,000
'66-7-8
21, p.
229,
<
334.)
,
ToUlo, Peoria & irarsaw.— Interest in default
Decomber, 1873.
Passed into receiver's hands
February, 1874. Foreclosure suits commenced 1875.
(V. 21, p. 160, i-ii, 505. mi, 814; V. 82. p. 159.)
Toled
Wabash <t H'<'«(«m.— Operations for four
years compared as follows
,
;
Gross
earnings.
earnings.
.$5,7.38,807
van.
Operating
expenses.
»4,47,378
tl,.131,429
4,36.5,144
1,013,834
..
IWl.
..
..
6,018,978
Net
5,736,6()6
3,776,8'J8
l.9!5n,83S
4.544,641
3,2:M,365
1,308,370
Alater report to June 30, 1874, was in V. 19, p. 480.
Feb.
'7.5, default was made on interest and a fun'ling
proposition offered, but not accepted.
Mr. J. D.
Cox, the Presilenl, was appointed receiver Feb. 82,
1875.
Decree of sale under consolidated mortgage
D,c, 14, 1875. (V. 81, f 16. M. 186. 26(1, :j84, 349
490, 6i'4, 613; V. ii, p. 88, 182, 80'i, 534.)
£200
1,000
2,000,<X)0
1,846,000
1,800,000
154,000
500,000
670,340
1,700,000
866,000
5,000,000
450,000
100,000
1,000,000
1,770,720
200,000
1,000
1,600
100
907,000
1,000
"73
1871
1871
1866
1866
['.
Paajlc.—A history of the company is
annual report in Chronicle, V. 81, p.
bcind.s had been is ued, but new
arrangementB were made with the construction company. See report. (V. 19, p. 397; V. 20, p. 63; V.
v
"
1,000
500 &c.
100
1862
1868
1868
361a 1870
75
75 1868
1871
'67 1872
1873
Termont £ Canada —Stock
Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds
Vermont Central— 1st mortgage, consolidated
2d mortgage, consolidated
Equipment loans
Stanstead, 8. & Charably bonds
Income and extension bonds (to pay float'g debt)
Vicksbiirg <t Meridian— l&t series (red endorsed)
2d series (blue endorsed)
3d do (black endorsed)
4th do (not endorsed)
Special loan, funding mortgage
Vermont d MassachusetLi—Stook
Ist mortgage (sinking fund $7,000 per year)
Convertible bonds
do
do
eft
1,000
1,000
1,000
1,000
1,000
1,000
1,000
$8,000 p.m.
17,000 p.m.
3,000,000
1,700,000
1,000,000
1,800,000
1,600,000
1,300,000
1,500,000
250,000
861,000
15,000,000
1,000,000
900,000
2,500,000
2,496,000
500,000
300,000
1,000,000
1,500,000
2,500,000
600,000
2,700,000
5,000,000
2,700,000
675,000
225,000
1,300,000
666,000
1,609,000
1,384,000
650.000
680,000
408,000
36,745,000
27,236,112
27,236,512
14,256,000
7,600.000
2,400,000
1,600,000
1,600,000
19,890,400
5,300,000
1834^7
—
Land grant
100 &c.
1871
1871
1871
1871
1871
1871
1871
—
Texas
1,000
100
,
429.
250 &c.
100 Ac.
1867-9
1871
J, RR. <t Canal Ooinpantes—Stock
General mortgage, coupon
United Co.'s mortgage, sinking fund, registered
do
sterling loan mortgage, sinkiug fund
do
do
do
do
do
do
doUar loan, mortgage
do
bond to State of New Jersey.
Joint Co.
mortgage, sterl'g, s. fd. (£138,500).
do
plain bonds
do
do
do
consol. mort. (sink'g fund after 1880)
N. J. RR. & "" Co 2d loan (now Ist), plain
T. "
do
do 3d loan due State of N. J
Utah Central— 1st mortgage, gold
Utiea <* Blank River Stock
1st mortgage bonds of July, 1868
Mortgage bonds, 2d issue
Utiea, Ithaca <* Elmira 1st mortgage, sterling
jrtven in the
1,000
1,000
1,000
1,000
1,000
100
1874
United N.
..
'ioo
"2>e
—
Valley {Ya.)
1,000
1,000
1,000
1,000
1,000
500 &0.
Tuckerton
1st mortgage
TJnion r*cKrytc—Stock
1st mortgage, gold, on road and equipment
2d
do
(government subsidy)
3d
do
on road (2d on land), sinking fund
Land gi-ant bonds on 12,000,000 acres
Omaha bridge bonds, sterling, £r>00,000
Vnion Pacific, Oeniral Branch^-l»t mort., gold
2d mortgage (goveininent subsidy)
$1,000
140
140
140
140
"so
77
80
.500 &0.
500 &0.
100 &c.
100 Ac.
1866-9 500 <fec.
1867 100 Ac.
1872
1,000
1866 500 Ac.
1866
1,000
1866
1,000
1866 100 Ac.
1871 100 Ac.
100
1865 100 Ac.
500
1,000
1,500,000
3,000,000
3,000,000
1,500,000
500,000
3,000,000
1,.500,000
500,000
444,100
1,.
l,.508,60O
717,500
850,000
145,000
1,162,700
217,400
2,860,000
550,000
200,000
150,000
Jan.,
7
7
7
7
7
7
"sis
7
7
7
7
7
7
7
7
7
7
I'7
7
7K.
7g.
4
7
7
6
7
2
6g.
8
7
8g.
2I3
M.
Troy it .Boston.— With leased roads forms aline
from Troy, N. Y., to North Adams, Mass. In 1873 74
gros-B earnings were |i.5.')iv3io;
pcrating expenses,
$283 '79. There are a few of old Ist and 2d mortgage bonds yet onts anding.
Troy Union.— K short road in Troy city. Bonds
issued by city and guaranteed by seviral roads..
Tuckerton — ¥rom New
to Tuckerton, N. J.
jersey Southern Railroad
Net earnings l.«,3, $7,759.
Union /"Jci/te. —Gross earnings In 1874 weie $10.559,880; net earnings, $5,907,565; gross earnings in
1876 were $ll,»98,83a, and net earnings $7,011,784.
25
—
Union PaciHc Centr-iZ B anch. This was formerly
the Atchison"* Pike's Peak road
Interest in defanlt oince November, 1H73. Gross earnings 874-75,
$11.3,519; exp'-nses, $i;'3.i8'f.
(V. 17, p. 588, 8.34;
20, p. 8,314; V. 21, p.
i; V. S2, p. HI).
V.
61
United ffew Jersey Railroad <t Canal ompanies.
t'amden A Amboy Railroad and branches.
Delaware & Raritan Canal, and New Jcrsev Riiilroad
form the United Companies of New J rsey. They
were leased to Pennsylvania Railroad, Oct 2ii, 1871,
at 10 per cent on stock and assumption of all liabilities. In 187'! the gro^s earnings were $10,'i21, 88;
— ItiL
operating expenses, $7,0118,449; net. $2,9,3.3,039, leaving a loss to lessees of $31,161 after paying interest and dividends. The loans due in Fcbrnary, and
April 1875, were paid off and bonds of 1871 increased
by $2,300,000, issued in London.
In 1872-3
I
4
Aprill, 1910
April 1, 1876
1896 to 1899
1, 1894
1887
1896
Mav 1, 1895
Mch.
April,
Philadelphia, Office.
Mch.
do
do
London.
do
Oct.
S.
S.
,
586. .594: V. 21, p. 64, 105, i45, 308, 372, 467,
22, p. Ill, 182, 234,
7.)
1873
1890
1890
1893
1890
1882
1878
1878
May 1, 1893
May, 1883
Feb., 1907
Feb., 1893
Aug., 1889
Nov. 1, 1886
July, 1890
Aug., 1901
Aug., 1901
Aug. 1, 1876
1894
1882
S.
Utica
$.5 8,397;
$106,149.
1,
1,
1,
2,
1,
Nov. 1,
Aug. 1,
Aug. 1,
May,
Nov. 1,
Aug. 1.
Nov. 1,
Nov. 1,
O.
F.
to June 30, 1875,
p.
V.
report gives no
genera! Ijalance sheet nor income account.
Dividends at 6 per cent per year were begun in July,
and incrcasi-d to 8 per cent October. 1»75. The
United Sta' es Attorney-(?eneral has a suit pending
for J;l. 040,0.56 against 'she cojopany as 5 per cent
of its net earnings. (V. W, p. 314, 3.58. 405, 453, 492,
Utah Cenlral.—Sa.\t Lake to Ogden.
net eamingi were $306,858.
A
1870
1896
1894
1886
May
1910
Jmie
1901
AprUl, 1902
Feb.
Dec.
April
U.S. 'Treas., at matmity. 1896, '97, '98
Phila. and N. Y. Offices. April 10, 1876
Philadelphia.
& A.
Due 90 days after demand.
London.
F. A A.
Philadelphia Office.
F. A A.
Princeton. N. J.
6
J. A D.
6
M. A N. Philadelphia Office.
6
F. A A. N. Y., B'k of Conuneree.
A. A O.
do
do
7
Salt Lake City.
J. A J.
Utica.
J. A D.
7
A J. Utiea and New York.
do
do
7
A J.
A J. London, H.S. King A Co.
7a.
Baltimore.
J. A D. Boston, E. Blake A Co.
J. A J. Boston.Nat.Bk.of Redm
J. A J. Boston, Globe Nat. Bk,
M. A N. Boston, Nat.Bk of Redra
do
do
J. A D.
M. A N.
do
do
do
do
J. A J.
do
M. A N.
do
Glrard Nat. B'k.
J. A J. Phila
do
do
A J.
A J. Phila., Girard Nat. B'k
do
do
A O.
do
do
J. A J.
Boston, Office,
A. A O.
do
do
A J.
do
do
A J.
do
A J.
do
6
7
I ,
.
q'.—J.
t'- A. A
6g. M. A
6g. M. A
25 7, and government report
21, p. 4«7.
The annual
.547,
A A. New York, Co.'s office,
do
do
J. A D.
do
A. A O.
do
do
M. A N.
do
do
do
J. A D.
A. AO.
M. AN.
N. Y., Office of Co.
F. A A.
do
do
F. A A.
do
do
do
do
M. A N.
M. A N. N. Y., Metropolitan B'k.
do
do
F. A A.
do
M. A N.
do
do
do
M. A N.
do
M. A N.
do
do
M. A N.
do
Q.-F.
N.Y., Office of Co.
Winslow, L. A Co.
F. A A.
F. A A.
N. Y., Office of Co.
do
M. A N.
do
do
do
J. A J.
F. A A.
do
do
P. A A.
do
do
F. A A. Troy, Company's Office.
J. A J. N. Y., Nat. B'k of Com.
M. A S.
do
do
A. AO. Phila., Safe Deposit Co.
Q.-J. New York and Boston.
do
do
J. A J.
U. 8. Treas., at maturity.
M. AS. New York and Boston.
do
A. A O.
do
A. A O. London, L. A S. Fr. Bk.
M. A N. N. Y., Companj''8 Office.
F.
M
K%; V.
When Due.
Stocks— LoLSt
Dividend.
6g.
The percentage of operating expenses to gross
earnings was 41 •51 per cent in 1875 and 44 05 per
cent in 1874. Land sale! In 187.5, lll,n49 acres at
Total sales to Jan. 1,
$3 66 per acre, or $401,462.
1876, 1,088,
acres for *5,3.36,014. Land notes and
contracts on hand, January 1, 1876, $3,0 2501.
The suit to recover for Government transportation
was derided by the United States Supremif Court
in favor of this company. Nov. 2'.», 1875. including he important nWiug that interest on the Government loan is not tiayable till the prin'ipal is
due in 18H6 99.
Abstract of last report V. 22,
522.
JJotute— Principal,
it
Black River.— Grom
Mch.
Mch.
Feb.
1,
1,
1,
1,
1,
1901
1894
1894
1894
1888
1880
1, 1878
1, 1889
1, 188»
Ang. 1, 1878
Feb.
Jan,
Nov.
(Jverdue.
1, 1890
Dec, 1875
Jan.
July, 1878
July, 1891
Jan. 1, 1902
1872
1891
1891
1886
1891
1876 to 1889
Jan. 1, 1887
1902
Jan. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
1880
Oct. 7, 1875
July 1, 1883
July 1, 1879
July 1. 1885
Jime
1-,
July
Jan.
Nov.
1.
1,
1,
receipts
1874-5,
expenses, $251,660; dividends disbursed,
(V.22, p. 207.)
Utiea. Ithaca it
November,
from 1878.
1875.
Elmira.— The road was completed
The slaking fund is $30,000 yearly
(V. 21, p.
16.)
Valley (Fa.).— This mad was built chiefly by subscription of Bait.
Ohio RR., Baltimore city, and
Va. counties, but building was sioppt-d for some
under difficulties, \vnich were settled in Octime
tober, 1875. (V. 19, p. 640; V. 80, p. 16, 453; V. 21,
&
p. 396.)
Vermont it Canada.— Vnier lease to Vermont
Central, and proposed to be sold to same for $3,000,OOii in 6 p, c. bonds; but still in litigation
(V. 19, p.
40, 504; V. 20, p. 16, 141, 419, 445, 468. 498; V. 81, p.
44i.)
Vermont Centra'.— In 1872 the Company went to
default on interest, and has since been in numerous
complications. A new corporation undt;r the name
of Central Vermont has been formed, with $2,000,000
paid-up capital, and assumed obligations of the old
Vermont (Central.
Foreclosure in progress on
(V. 20, p.
16. 141,
186,
314, 358,
2d mortgage.
492, 517 5 14, 616; V. 21, p. 38, 245, 418, 400; V. 82, p.
no.)
—
Vrekstnirg it Meridian. Net earnings year ending March!, 1875, were $130 089. Coupons are paid
2 per cent cash, balance scr'p.
Coiipons of July,
1874, and April, 1815, were passed.
(V. 20, p. 59 I
V. 2!, p. -207.)
;
Vermont it Massachusetts.— Thxf, road Is leased to
the Fitchbnrg RR. Co. for 999 years, commencing
interest on the debt and 4
Jan. 1, 1874; they
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the remainder of the lease, exclusive of all taxes.
p^ng
aM^XUlWJAU jBLaV
.
.
.
.
Jflarcii zo,
iovo.j
VA-C1AJJ OXV/VA.O a.XXU a\jajLf{3,
.
Subacrlb^i* will ooaAr a Kreat fkvor by B'vlnK Immediate natloa of amy error doeoTered In Iheae Tables.
Axui*— PrlndlINTEEE8T OK DIVIDENDS.
DESCRIPTION.
Date Bl7.e, or
Amount Rate per When Where Payable, and by pal. When Due.
Bloeka—lJUt
of
Par
For explanatlou ot column beadlnKa, &c., eee notes
Outstanding
Cent. Payable
whom.
DlTkleDd.
Bonds. Value.
at the head ot llret page of tables.
Watkill raJtev
(iV.
3S
r.)—lgt mortgage
18
18
18
Warren (.V.X)— Stock
l8t iiKii-tgage, guai'auteed
2d iiiortgago
WaKhini/liin VUy, Va. Hid. it Ot.
2d iiKUlsage, O.
A.
I Kt iiiid ;)d inortgagn, O. & A.
Itli iiioitgiige, O. it A.
(•'iiuilfd iiilcrrat, O. & A.
&
310
Southern—BtocK
RR
RR
RR
RR
Jt M. KR
1st iniirtxiige, ()., A.
Ot. Soutli'n
Ueii. iiiiirt., gold, Wash. C, Va. Mid.
LyuililMiii;
DiHivUli'. l»t mort., giiar., coup
Weslelitnlir <£ i'/u(a(/e//i/aa— Piofcrrod utock
Ist luoi-tgtige, uew
&
West
&
336
IS83, guaranteed by Camden &. Amboy..
Istiiioitgage loan
do
consolidated
Ist
West II i«''<n»i/i— 1st mort., gold, ». td., 1. gr., oonv.
ist )uoi Igage, gold extension, coupon or reglst'd
Cou>ol. bonds, gold
Ifeg/crrt tf .1 tlanlic
(
1861
1866
1869
1871
1872
100 4c
50
500 4e
500 Ac
500 &c
500 40
«a)— Income Bonds
WMlern Maryland— 1st mort., eudoi-sod Bait.
90
1868
1870
1872
1870
1863
2-
ISOO
4
1870
1870
.
500 4c.
iMion'ie bonds
it Reading— \»t mortgage
2d mortgage, couuon or registerea
i£ Weldon
Stock
Wilmington
Sterling bonds
do
do
Sinking fund bonds, gold
Wiseonsui Central— lat mortgage, gold, land grant,
irorcfster d A'o«/ma—Stock
64
64
181
181
1868
1870
100 4c.
100 4c.
100
200
1871
188
Wilinini/tnn
—
Jio
r.iOA'.
45
at
Rochester—Stock
Istm., guar,
do
f 'Nil,.
48
48
1874
14
14
(for $700,000)
50
1856 Varlo's
25
—
Chesapeake rf Delatcare Stock
1st mortgage (originally $2,800,000)
Chesapeake d: Ohio— Sf(tek
.Maryland loan, sinking fund
Uuarantced sterlingloan
Bonds lia ving next preference
Deta ware Division—SiovM
60
60
148
148
148
148
1st mortgage
Delaware d- Hudwm—Stock
Registered bonds
Registered bonds
Registered bonds
Debentures of 1878
IX)au of 1894 ($3,000,000 cp. 4 $2,000,000 reg.).
Lehigh Coat <£ Sacigation —Stock
Loan, conv., coup., gold (assumed L. <t W. Coal Co)
Ist mortgage, registered
1st mortgage, registered, railroad
Mort. loiui, g. ($2,310,000 assiuned C. RR. of N. J.)
100
1867
1869
1871
1873
1874
earnings in 1873, $416,186.
Washintjton Citt^, Virf/in a Midland it Great SouthGross eammgs year ending Sept. 30, 1875,
ern.
$1,033,980; expenses, t67lM7; net ettrnines, $401,O.
The company has been assisted by Bait.
612.
A. id, 3d and 4th mortgages are
Coupons on O.
—
&
4
(V. 32, p. IS.)
AUantic—Tbis road is owned by State
Georgia, and leased at $240,000 per annum.
Lessees Save issued the income bonds. (V. 22, p.
Wesl.ern Jb
of
1,000
1,000
1,000
1,000
1,000
50
Loan
Warren (iV. ,/.).— Leased to Delaware, Lackawanna
Western at 7 per cent on stock and bonds. Net
1,000
153
do extension, convertible till December, 1877
Consolidated mortgage, loan
G reen wood mortgage, registered
Monongahela Xaotgation Co. —Stock
Ist mortgage
WaOUU TW?«y.— This road was foreclosed under
a second mortgage and sold November, 187s. (V.
»1, p. 443; V. 22, p. 42, 209.)
500 4c.
50
1858
1872
1871
1872
83
83
n,j,,
onn
1,880,800
1,997,872
8,229,594
2,000,000
4,375,000
1,699,500
1,633,350
800,000
20,000,000
1,500,000
3,,500,000
5,000,000
393,000
5,000,000
10,248,550
794,000
5,381,963
2,000.000
4,692,500
762,779
41,550
1,063,000
744,000
1,004,300
103,000
1,000
1,000
1,000
1,000
1,000
1,000
50
1862
M.
J.
1,000
A.
8
350,000
3,200.000
600,000
1,250,000
1,560,100
1,456,200
648,700
221,400
749,000
4,618,500
1,789,800
350,000
"250,000
400,000
825,305
700,500
100
F.
u
7
10
1,000,000
1873
1875
do
overdue.
500
($125,000 are 7 per cent)
Bonds
Bonds
Nashua
&
1,000
g.
J.
J.
Westchester dk Philadelphia.—^et earnings 1873-4,
$147,949. Old debts retired by new mortgage.
West Jersey.— Qrata earnings, 1875, $659,797; eiSensee, $368,509; net, $293,287. Net profit above
iterest and rentals, $95,689.
(V. 22, p. 332.)
—
West Wisconsin. The company defaulted on interest due Jan. 1. 1875, and funded nine coupons from
that date. The following is from the official statemem; Siiice its organization the company has
issu d t4,(jO0,0()0 gold first mortgage land grant
bonds, of which $3.»m ,500 arc outstanding; $6)0,000
Southern extension bonds, of which $3i0,000 are
held as collateral security by floating debt creditors;
$2,5110,000 sfveu percent gold consolidated bonds,
of which $1,471,000 are held as collateral to the floatlug debt. The other debts of the iom[>any on Jan.
1.1875, were as follows: Bills payable, $1,060,921.
"There are collaterals belonging to the company held
for thess. as follows; Southern extension bonds,
$370,000; consolidated bonds,$l,471,000; arid 300 cars;
other items of debt, $1,826,141.
Earnings, 1874,
884,930; o|^erating expenses, 697.107; net earnings,
?,
87,812. For full particulars see V. 20, p. 77, 291, 314;
V.!tt,p.aB8,
<W- New York,
4 O.
Soutter 4 Co.
4 O
do
do
4 O.
do
do
4 J. Bait, N. Mechanics' B'k Jan. 1, 1890
4 J.
do
do
Jan. 1, 1890
6
4
do
do
Jan., 1890
«
4
Hagerstown.
Jan., 1890
4
Bait., Company's Office,
6
Jan., 1895
4
Bait., N. Mechanics' B'k
6
Jan., 1900
6
4
do
do
Jan., 100*2
4
8
Jan. 1, 1800
A. 4 O. Philadelphia, Office.
AprUl, 1808
do
do
6f. J. 4 J.
Jan. 1, 1896
do
do
7
M. 4N. New York, J M. PlckreU May 1, 1900
8
J. 4 D. Bait., Safe Deposit Co.
June, 1000
7
A. 4 O Fhila., DeHaveu 4 Bro.
Oct., 1900
"i'
A. 4 O,
do
do
Jan., 1002
7
3I3 J. 4 D.
Deo., 1875
London,
1881
6g. J. 4 J
M. 4 N
do
1886
1896
J. 4 J. N. Y., Nat. B'k RepubUe
Boston, Office.
J. 4 J
July 1, 1901
7g.
Worcester, Office.
Jan. 1, 1876
31a J. 4 J.
do
do
1881 4 1887
647 Various
A. 4 O. Boat., Globe Nat. Bank April 1, 189S
7
F. 4 A.
do
do
Feb. 1, 1895
7
3
A. 4 O. Bost., Globe Nat. Bank April 1, 1894
6
Philadelphia, Office,
J. 4 D
June, 1873
3
July, 1886
J. 4 J.
do
do
6
Q- J. Bait., A. Brown 4 Sons.
1870
"e'
London.
Q-J.
1890
5
J. 4 J Bait., A. Brown 4 Sons.
1885
6
F. 4 A.
Philadelphia, Office.
Feb. 4, 1876
4
do
do
J. 4 J.
July 1, 1878
6
F. 4 A. N. Y., Bk. of Comiueroe.
Feb. 1, 1876
5
M. 4 N.
do
1877
do
7
do
do
J. 4 J.
1884
7
do
J. 4 J.
do
1891
7
A. 4 O. N. Y., office, 71 B'way,
April, 1878
7
A. 4 O.
do
do
1894
7
Philadelphia, Office.
M.
Mar. 3, 1876
2
^7i S.
4
do
do
1894
%'
8
6
a
J.
Q-J.
%'
6
7'
J.
J.
J.
J.
7
F.
4
J.
J.
6
(V. 30, p. 398, 405, 446.)
phia
—
bought Its overdue coupons. The only bonds remaining In default for interest to their holders are
the second pref^-rred unendorsed. Cost of road and
equipment to October 1, 1875, $4,473,450. Annual
report for last fiscal year to Septeinl)er 30, 1875,
shows gross receipts, $293,718; expenses, $194,420;
net receipts, $99,2!I8.
The gross earnings were
$15,9:i5 larg.T than th^- preceding year.
The financial condition September :-)0, 1875, was a^ f-'llo^vs:
Liabilities— Stock aubscriptions, $68i,tj;J2; funded
debt. $3,675,000; material on hand, $I.68i; general
revenue, $97,722; sundry suspended debts. $3,802—
total liahjlities, $4,473,451.
Assets Cost of old road
and appurtenances, $2.401,3!i8; cost of new road,
$1,880,483; sundry individual indebtedness, $4.816;
Union Railroad Company, $2,500; loss on sale of
second preferred bonds, $43,500; construction and
equipment, $57,263; sinking fund second mortgage
city endorsed, $30,000; ba'ancc $36,911— total assets,
$4,473,451. (V. 22, p. 207.)
WesternNorth C/roiino.— Soldin foreclosure, June
23, 1875, for $825,000.
(V.20, |.814,453; V.21,p.40.)
Penn»ytvania.—T)\e Pennsylvania RR.
lessee owns $1)72,650 stock out of the total amount
of $1,022,450. $148,000 of branch bonds, and all of
$1,200,000 general mortgage bonds; net earnings
Western
1875, $182,059. (V. 22, p. «06.)
Wdliamston it Tarl>oro.—Bx>aA in progress.
recent financial information.
No
— Leases
and
it
Augusta.
Wilmington it Reading.— Thi» road was in proand defaulted on second mortgage after crisis
Default on first mortgage was made April,
1S75. Foreclosure pending, 'The Berks Co., an exof 1873.
D.
D.
D.
D.
A.
J.
J.
&
1.37,
do
do
do
Philadelphia, Office.
do
do
do
do
do
do
Pittsbm-g, Office.
N.Y., N.Bk.ofCom'roe
1884
1897
1897
1877
1882
June 1, 1911
1892
Jan., 1876
July 1, 1887
was sold out and is now leased to PhiladelReading. (V. 20, p. 368, 383, 522, 547; V. 21,
592; V. 22. p. 182.)
Wilmington
it
IftWon.— Leased December,
4
187S,
to Wilmingt >n, Columbia
Augusta road at 7 per
cent on stock. Lessee assumes all liabilities. (V.
28, p. 1 6 )
Wisconsin Central.— Thle company defaulted July,
and its latest statement and proposititm for
1875,
funding, &c., are in V. 21,
V, 21, p 324.)
p. 24o.
(V: *), p. 391, 571;
Nashua.— 'Het eari,ings 1871-5, $178,3.30.
Guarantees the stock and bonds of Nashua 4
Rochesler couipany, leased. (V. 21, p. 590.)
Worcester Jk
CANAL.
Chesapeake
peake
City,
<t I></auinr<.— Delaware
Md.
City to Chesa-
(V. 18, p. 582).
Chesapenks it OAin.— This company was assisted by
State of Maryland, and is making progress towards
meeting its past due Interest, (v. 31, p. 7T.)
Delaware Z>iti.— Leased to Leh gh C. 4 N. Co., at
on bonds, and 8 per cent a year on stock.
Interest
—
Del. it Hudson Canal. This Co., which is among
the largest miners and carriers of coal, leases the Alb.
4 Susq. and Renss. 4 Sar. Railroads. Also endorses
bonds of N. Y. 4 Canada RR. Annual report for 1874,
V. 21, p. 49«. (V. l^ p. 472, 508; V. 20, p. 381.)
Lehigh Coal <t Navigation.— Gros^ receipts in 1875,
$l,849,oa'5; expenses, int. and dividends, $1,914,278.
Excess of receipts, $65,191. The Central R.
of
J. assum'-'s (in purchase of quipment), $2,810,000
of the gold loan due 1897, leases the Lehigh 4 Susquehanna Itaii Road, and operates the Lehigh CanaL
"The l>!high * Wilkes-ltarre Coal Co. assumes $500,000 of the gold loan due 1897, and J:822,000 (all) of the
convertible gold loan due 1891, and bas also leased
•be coal lands of the Company. (V. 22, p. 2 J ».)
R
N
operates the V\^il.& Weldon. In 1874-5 net earnings
were $183,271, including profit on W.4 W. Coupons
of De-., 1875, are unpaid. (V. 22. p. 1 5.)
gress,
4
4
4
4
4
4
4
tension,
p.
Western \fnrytand. This company was largely assisted by the city of Biltimore, which has also
Colum/>ia
do
do
do
Q-F.
6
Western .4'oftamo.— Sold in foreclosure, April 19,
and l)ought by Central Ga. and Georgia Bail-
WUminMon
do
4 J Bait., R. Garrett 4 Sons Jan. 1 1875
4N
do
do
May 1, 1873
do
4 8.
do
Sept. 1, 1880
4 J. Bait., R. Garrett 4 Sons Moh. 1, 1882
4 N.
do
do
Hay 1, 1908
do
4 O.
do
April 1. 18*6
4 J. Philadelphia, untce. Jan. 10, 1876
do
do
4 O.
April 1, 1801
4 A Camden, N. J., Co's Oliice Sept. 1, 1874
4 8.
do
do
Moh., 1883
do
do
4 J
Jan., 1896
do
do
4 O.
Oct., 1890
4 J. New York and London. Jan. 1, 1886
4 J. New York, Office of Co.
1002
A.
A.
A.
8
—
136.)
1806
1878
1876
leoo
Get.,
7g.
1875,
roads.
A.
u
750,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
875,000
1,000,000
1,400,000
800,000
J
.
4
920,01)0
1867
90
90
90
90
115
57
f
7
I'.OOO
Ist mortgage, unendorsed
cndoracd by Baltimore
do
2d
ondoreed l)y Washington Coimty ..
do
2d
preferred mortgage, unendorsed
2d
3d mortgage, guaranteed by Baltimore
do
for Baltimore City stock
4th
Western North Carolinu—lHt mortgage (E. Div.) ..
Western i'«Hn»j//ii«(i«i— 1st mortgage
1st mortgage, Pittsburg Braneu
(General mortgage
Wiltiamslon it J'artoro— 1st mortsage
tViliidnjitnn, Columbia <* Augutta Ist mortgage
A.
J.
-i'
7
640,000
2,600.000
1866
1870
1858
City.
J.
7g. M.
1,000,000
4,000,000
1,000
116
44
160
90
90
M.
M.
f
1,000,<HX)
204
Wegleni (A(a.)— iHt mortgage (Mont. & W. P.)
Western RK. bonds, beron- consolidation
2d mort. on consol. road. guar, by Central of Ga.
Boncl.s
1871
O. M.Y., Bidl's Head Bank.
O. N.Y., Del., L. 4 W. RB.
A.
do
do
do
J.
8
8
1,650,000
1,500,000
626,500
821,300
1,100,000
1,359,750
400,000
500 4c
4
4
4
7
tl54,O0O
1867
1873
F.
«'
700,000
678,859
"66
38
63
172
32
.
2,692,539
1,200,000
A.
A.
7
7.50,000
"27
ol
3>a
1,800,000
511,400
100
65ht 1871
J«»BU—Slock
Loan
1870
1871
1855
1858
1860
7
(700,000
1871 $50040.
1855
100
,
Cbrnpany.— ReceipU,
tlonotngahMa Navigation
>»1,463; expenses, |88,JS0; dirldends, $»7,ni.
W*,
.
.
u
^(.<
CANAL AND MISCELLANEOUS STOCKS AND BONDS.
XXX
8nba«ribera
ivlll
confer a sreat fiaTor by kItIdk Immediate notice of any error discovered In tbese Tables.
DESCRIPTION.
Miles
For explanation of column licadluf^s, Ac, see notes of
Canal.
at Uie taoiul of Urst page of tables.
OA N A li— Conlluned.
Jforrit—Stock, cousoUdated
PrcfcmMl ntock
103
103
103
103
103
:..;..
Ist nmitifttge
.,
'--vt
2cl inort gage... ........r';.'.'.'.'.. ....;...
•
'....
Boat loan
.'.
Preferred stock scrip dividend....'.^
.,
Penntylvania—SUxsk
1st mortKagc, interest guaranteed by Penn.
327
327
108
;.....
RB
.
common..
Srhuj/lkill .V((rion(io»—Stock,
Pi-eferr<'d stock
Date
of
Par
Value.
1856
1860
1865
1869
1,000
1,000
various.
various.
1807
1,000
Mar3'land loan,
$100
100
.50
1872
85
100
100
25
100
100
American £x;)res»— .Stock
American Coal Jfa )•!/(« iirf)— Stock
(
li Pacific Telegraph- Stock
Boston Water Pmcer
Mortgage bonds (for $2,800,000)
Canton Improvement Company Stock
Sterling bonds (sinking fund ouc-flf tli of land sales)
Mortgage bonds, gold sixes (for $2,500,000)
Union KR., Ist mort., end. C. Co. (s. f., rents on $220,163)
do 2d mort., g., end., (s. f ground rents on $144,800)
Atlanlic
—
1874
1873
1874
1,000
25
—
Consoli<lation Coal of Marylaitd Stock.
l8t mortgage (convertible)
Ist mortgage, consolidated, convertible
Cumberland Coal and Iron— Ist mortgage
do
2d mortgage
do
Cumberland Coal d Iron Company— 'AUkV
d Dubuque Briilge— Bonis sinking fund
Illitiois <t St. Louis Brid{/e—lat mortgage coupon s. fund.
2d mortgage, coupon
3d mortgage, coupon
itli mortgage
St. LoulaTunnel RR.— 1st mortgage sterling, sink. fund.
2d mortgage
do
do
Mariposa Land <t Miniiig Coiwjpany:—Stock
Dunleith
1864
1872
1852
1869
1,000
1,000
1868
1871
1871
1874
1875
1873
1875
1,000
1,000
1,000
1,000
1,000
£200
100
1875
$500,000)
100
100
Pacilic Mail Steamship Company—Stock
Bonds, coupon or registered (for $2,000,000)
1876
Pennsylvania Coal— Stock
1st mortgage bonds
Pullman Palace Car— Stock
Bonds, 2d series
Bonds, 3d series
Bonds, 4tli scrle«
Bonds, sterling debenture, convertible
Bonds, debeutnre
1,000
50
100
100
"50
100
100
100
.
—
.
1872
1875
1875
J.
"o'g.
6g.
6
6 g.
60c
21a
1,000
1,000
£100&c
100
Compmy.— Leased from
A
Reading for 999
to Philadelphia
years, at annual rent of $(155,000, including '-ertain
real and personal property conveyed to Philadelphia
Reading. (Last annual report In V. 18, p. 272.)
&
—
Susquehanna dk Tide Wafer. Leased and operated
oy Philadelphia & Beading Railroad for interest on
v6nds and half of net earnings.
Union
C'ona.'.— Stock, $2,907,850.
nilSOELLANEOUS.
Adams
Exirress
Company.— A
reference
Atlantic
<t Pacific
Telegraph.—Ot this stock the
(V.
;
V.
21,
—
.
1876, $298,-
694; liabilities, $165,009.
—Interest passed July,
544; V.Sl,
p. 349.)
London, Brovra, S. A Co Jan. 1,1904
New York or London. Jan. 1, 1904
N.
J.
J.
J.
A.
O.
O.
J.
8.
1885
1, 1897
1879
Feb., 1879
Oct. 15, 1875
New York Office.
Nov., 1893
N. Y., by 111. Cent. BB.
1900
New York and London,
do
July 1, 1901
do
Mar. 1, 1886
do
do
do
do
do
do
do
do
do
do
J.
St. Louis.
J. Lond.,J. S.Morj;an
J.
St. Louis.
Jan.,
Jan.
A Co.
New York.
Jan. I,'l888
Jan. 1, 1886
Jan. 31
1876
,
Sept., 1869
March, 1886
N. Y., Ill Broadway. Feb. 1, 1876
do
Aug. 1, 1881
do
N. Y., Farm,
A T. Co. Feb. 15 1876
do
May 15, 1881
do
Feb. 15,,1887
do
do
do
do
Aug. 15: 1892
do
April 1 ,1885
do
do
do
Oct. 15 1878
.
22, p. 23S.)
Paeifle Mail Steamship Cto.— (V. 30, p. 141, 162,
163, a4-J, 267, 814, 419, 615, 598, 616; V. 21, p. 40, 207,
281, 278, 324, 349, 896; V. 2-J, p. ii, 267, 881.)
Pennsylvania Co<U.—T\aii company operates a railroad of 47 miles connecting its coal mines with
Branch of Erie Railway and Delaware & Hudson
Canal at Hawley. Dividends in 1874 were 45 per cent
a year. Floating debt, $625,000.
Pullman Palace Car Company.— TnW report
21, p.
Railroad are in hands
trustees.
(V
V.
In
V.
46T.
Quicksilver
18r4,
Conso'idation Coo'.- Annual report for 1874 in V.
20, p. 289, showing gross receipts, $2,756,948; expenses, $1,976,294; net, $780,65.3. Consol. mortgage
bonds are held to retire old bonds. Guarantees also
bonds of the Cumberland
Penn., and assumes
$135,000 Un. Mining Co. bonds. (V. 22, p. 2T9.)
30, p.
1,
3,
A J. N. Y., Company's Office.
1879
AD. N. Y., Company's Office Dec. 10, 1875
New York, Office.
Feb. 1, 1875
4
J. A J.
New York, Office.
Jan. 15, 1876
2
Q.-J.
New York, Office.
Jan. 15, 1876
May, 1902
7g. M. AN. N. Y., Union Trust Co.
M. A N. N. Y., Treasurer's Ofllce
May, 1900
M. A S. London, Morton, B.A Co March 1, 1900
M. AN.
Philadelphia.
Mariposa Land & Mining Co.- -(V. i», p. 477; V.
19, p.
(V. 21, p. 611, 591.)
Morgan and Humphreys,
Jan.
Office.
1883
1,
1876
1870
Mar. 10, 1876
1872
Nov. 12, 1872
June, 1884
Mar.
Q.-F.
Boston Water Power Cb.—Annual report in V. SO,
26 per cent was voted
Illinois <fc St. Lou'S Bi-idgs.
1875.
The Bridge and Tunnel
Jan., 1894
Jan., 1902
May
J.
J.
2
488
of Messrs.
do
do
New York,
Office
Jan.Vi'885
Jan. 1, 1878
Jan. 9, 1869
Boston, Office.
m.'a's. N.Y.,Co.'8 Office, 71 B'y. March 15, 187C
A
5
F.A
7
Q.-:
2
M. A
8
F. A
8
F.»A
8
?«• A. A
A. A
&
lo the
Dinsmore and others in V. 19, p. iJ70.
Anwican Coai.—The report for 1875 showed gross
receipts, $825,916; net, $S9,016, (V. S2, p. 180.)
suit of
J.
J.
J.
M.
7
Cary Improvement Co.- Assets April,
PliUadelj)Iila, Ottice.
J.
Canton Improvement Co.. The annual report for
year ending May 31, 1875, is in V. 20, j). 59 1 Of the
$2,600,000 mortgage $600,000 is reserved to pay stcrlinjj loan.
The Company owns $594,000 stock of
Union Railroad Co. out of $600,000 and guarantees
Its bonds.
(V. 30, p. 314, 646.)
Naviqatlrm
and Baltimore.
do
do
do
do
do
do
Boston, Office.
D. Ist coup, due Dec.,1875
A
1874, $546,3*8; net, 1310,14-2.
1870,
March, 1897
1882 to 1907
1895
May, 1880
May, 1913
May, 1915
Phila.
S.
3
&42». A stock increase of
1,
A
M.
JulyVittlO
Feb. 1, 1876
Feb. 1, 1876
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Feb. 4, 187C
Feb. 4, 1870
April, 1876
April, 1876
Oct., 1885
Feb., 1889
iifl
Pennsylvania (7araa?.—Worked in interest of Penn.
RR. which guarantees inierest on bonds. An old
mortgage of »90,(X)0 is due in 1887. Gross receipts
Schuylkill
J.
J.
J.
J.
Union
do
do
do
do
do
Philadelphia, Office.
Philadelphia, onice.
J.
N.
Pacific Railroad holds |2,4aO,000.
50J, 638, 639.) Annual report V. 30, p.
p. 63, 277.
June
A
A
A
A
J.
J.
J.
Aforrlf.— licased April, isro, to Lehigh Valley Railroad for 999 years. 'The leasees assuming bonds and
scrip, and paying 10 per cent peraonum on preferred
stock, and 4 on consolidated stock. (V. 12, p. 714).
ov.. 1875.
A
A
A
A
A
F. A
A. A
M. A
8
A. A
l«- J. A
1 g.
^g. M. A
10
J. A
ag- J. A
io
J. A
7
6
6
6
6
5,000,000
484,500
5,826,200
298,000
434,000
996,000
144,000
598,000
4,291,300
5,708,700
584,000
1,500,000
6,000,000
5,000,000
33,787,475
1,498,000
4,000,000
1,030,000
3,400,000
100
Mining Company— Common stock
Preferred stock
2d mortgage, gold
Spring Mountain Coat—Stock, guar'd 7 p. c. by L. V. RB.
xfnited Stales Express— Stock
Welts, Fargo i£ Company Express Stock
Western Xfnion Telegraph— Stock
Real estate bonds, gold, sinking f nnd
Bondu, coup, or reg., conv. till May, 1885, S' f. 1 p. c
Sterling bonds, coup, (sinking fund 1 percent, per annum)
Wilkesbarre Coni—Stock
10 8.
7
(!)
1861
Quicksilver
M.
4,400,000
20,000,000
Di\-idond.
Leh. Val. BR. Co., PUlla.
\r,
J.
m
1,000
Wh
niom.
do
do
do
do
do
when Due.
Stocks— \a»t
pal,
Payable, and by
Q.-M. N. Y., Company's
4
3,947,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
10,000,000
5,000,000
'ido
Maryland Coal— Stock
When Where
& A.
&A
A O.
A O
A O.
A A.
A
A A,
A A.
A S.
A J.
A J
AN
A N.
A N.
A J.
A J
A J
A J.
A N.
iionrfs- Princi-
OB DIVIDENDS.
Payable
2
3
498,000
500,000
480,000
1,000
100
:
(for
£200
500 Ac,
500 Ac,
10
100
.
Cent.
12,000,000
18,000,000
1,500,000
10,000,000
4,000,000
1,740,000
1,107,500
593,000
693,000
605,500
598,000
55,000 sU's.
10,250,000
412,000
363,000
177,000
1,000
.'
Cary improvement Companu—Sioc\[
Mortgage tiouds
1,000
1,000
50
jni!iCX:LI.ANKOUS.
Company— Stt>ck
Preferred stock
i",6oo
45
JTofw—Stock
2d mortgage
Bate per
P.
2
$1,025,000
F.
5
1,175,000
A.
6
500,000
A.
6
285,000
A.
7
230,965
F.
7
103,161
4,477,150
J.
e'
3,000,000
949,748 30c. In so F.
3,155,650 60c. In se F.
M.
6
1,709,380
J.
6
3,990,392
J.
6
1,148,000
M.
6
260,000
M.
G
756,650
M.
7
628,100
2,002,740
J.
"d'
1,000,000
J.
6
1,319,000
J.
325,310
J.
7
250,000
M.
G
3,000,000
.^0
1870
1863
1864
. .'.
Susquehanna C'aual, common bonds, 3d mort
uref ., 3d. T. W. priority b'ds..
do
bonds of 1872
do
Union— l»t mortgage
Adamt Express
Outstanding
1,000
1,000
Title
it
Amount
50
mortgage (due 1897, extended to 1897)
2d mortKage
Mortgage bonds
Improvement bonds
Boat and car loan
Boat and car loan
Susquehanna
INTERE.8T
or
Size,
Bonds
1 St
.
[March 25, 1876.
Mining Company.— Annna^ report for
with balance sheet, Ac,
19, p. 584;
in
V.
20, p.
404.
See
V.20, p. 141, 429, 538; V. 22, p. 233.
Spring Mountain Coal Comitany.-This is guaranteed 7 per year till 1885 by Lehigh Valley RR.
United States Express.— V.
32, p. 159.
Western Union Telegraph.— Animal report, V. 21,
The company holds $7,287,735 of its own
p. 369.
stock, making the total $4I,(»r3,410. (V. SO, p. 77,
155.358,571; V. 21, p. 16,369, 372, 569; V. 2-2, u!
186, 175. 182; V. 22, p. 257..)
March
INVESTORS' SUPPLEMENT,
25, 1S76.]
XZXl
Railroad Material. &o.
Baldwin
Locomotive
BURNHAM, PARRY, WILLIAMSJ&
]yUsoellaneou«.
THE 'ATWOOD
Works.
CONICAL LOCK-NUT
PHILADELPHIA.
CO.,
MANOFACTUBKIll" OF
LOCOMOTIVE ENGINES,
nine EuKinea and Locomo-
Eapeclally adapted to every varl«ty of Railroad use, IntlndiDg
tlves for Narronr
Gause RaUtvays.
^~AII Work Thorouslilr
InterohanseabI<<._iEi
KEW WORK OFFICE,
§TREET.
54 PldiE
ELEGANT.
LIGMIT, STUOIVG^ ATVr>
HANUFACTURED BT THE
AtivoodConleal Lock'Nut and ManulaclurlnK Company,
STREET CARS, OMNIBUSES.
WITHOUT A RIVAL."
— CongregaUorialM.
Co.,
The moat eminent author*
tlie
MANUFACTUBEBS,
47
Ifo.
EAST TUrENTT-SEVEWTH STREET,
UKOADWAY N Y
N'.. 40
1049.
••FAIRLY
&
John Stephenson
Box,
P. O.
of
Hon. W,
such as
day,
E. Gladstone, Prof, nax
innller, Prof, iluxler.
NEW YORK.
Dr. W. B. Carpenter,
Prof. Tyudall, II. A.
Proctor, France Power Cobbr, Tbe Duke of
Argyll, Janice A.V oude
nire. nulovh, mi a. OilThackeray, Jean Inxelow, Geo. niacDonaid, William Black
Anthony Trollope, B. D. Blackiuore,
matthetv Arnold, Ifoiiry Klngaley,
Thomae Carlyle, W. W^. Story, Robert
Buchanan, Teuuyaon, Browulny;, and
pliant, inias
We
have the best and most complete apsortment of
tools
ivijvchiivists'
in the conntry, oomprlsini; all those need in
many
Littell's Living Age.
HACHIXE, LOCOMOTIVE and
year.
Hanofactarlng
which are made absolutely perfect with our
;
prices,
Brmckerhoff;Turner& Co
Manufacturers and Dealers in
COTTON DUCK
VOB
Joseph
INCHES WIDE,
"AWNING
A
full
supply, all
DUANE
Co.,
& Wood's
PATENT
STEEL RAILROAD CROSSINGS,
HOWE'S PATENT
IRON AND
LEADING FOREIGN NOVKLISTS,
and an amount unapproached by any other periodical
in the world of the most valuable literary and sclenklflo
matter of the day, from the pens of the FOIiKMOST
ESSAYISTS. SCIENTISTS. CKITICH, DISCOVERERS AND EDITOKS, representing every departmeo
ot Knowledge and Progress.
A toetkly UagoMiney
IROIV
Company
NEW YORK.
Roberts,
AND STEEL RAILS,
It Is, therefore, Invaluable to every American readt r,
asithe only ihorouih as well as lieah cuuipiluticn »J
a generally InaccesslDie but IndiHpcnstble currem liter'*
BXMve,— indispensable because it embraces the prouuc*
tlous of the
SELF-ACTINO LUBRICATOR.
ABLEST LIVING WRITEKM
In all branches of Literature, ^cieoce. Art. and Politics
" It reproduces the btut thoughtn of the ben', mtuitt of
the civilizeU world, upon all topim ofUting interest."—
VANIIOL'TEN'S
PATENT CAR COUPLING
PIN,
National Gar Brake Shoe Co.,
4C» Sc
p.
(I.
4S
3ux 1M9.
Broa,d."veay,
NEW^ YORK.
ESTABLISHED IN
72 1VAI.I.
STREET,
LITHOGRAPHERS
AND
EIVG^HAVEK-S,
LEDGER BUILDING,
No. 182
Railroad
NEW
YORK.
1852.
Henry Seibert& Bros.
AMEBICAN & SCOTCH PIG IBON,
No.]
Li vino
double column octavo pages of reading matter yearly
It presents in an luexpenalve form, cndsiilering it«
umount of matter, with fri'stmi'M, uwlup to Its
weekly issue, and with a satis factor 1/ completeneia
attempted by no other publication, the best Essays,
Reviews. Criticisms, Taet. Sketches of Trivt-l and
Discovery. Poetry, Scientific, Biographical, JUstunca)
and Political luforraatlun, from the entire bo ly of
Foreign Periodical Literuture.
PhlUdelphia " Inquirer."
" The bent of all our eclectic publications.'*—" The
Nation." New York.
"And tlie cheapest. A montKfp that comes tftery
week."—" The Advance," Ciiicago.
*'
A pure and perpetual reservoir and fountain of
entertainment and ifutrucUon.'*— Uou.KooerlC. Wlnthrop.
2Ti« best per^kUcal in
•'/( has no equai in
•'
J.
Thk
AGENTS FOR
STIPES."
Elbxrt A. Bbinckbrsoff, J. Spkncer Turnxr,
niNRT D. PoLHSxus, Special.
John
of sixty-four pages,
Aqb gives more than
THREE AND A Q0ARTEB THOUSAND
WOOD'S PATENT RAILROAD SWITCHES,
Widths and Colors always
ST.,
Wood &
W^OOD'S
in stock.
143
BENNET.
Stationary Frog,
Also, Agents
United States Bunting
E. R.
Wood's Pat. A<Ijnstable Frog,
kinds of
COTTON CANVAS, SAIL DUCK, FELTING
DUCK, BAGGING, RAVENS DUCK, SAIL
TWINES, &c. "ONTARIO" SEAMLESS
CO.,
MANnFACTURBRS OF
CAR COVERING AND CAR SEATS,
younger competitor, " EVERT
a rival In lU tpWUI
now without
DnrlDg the yrnr It wtll furntsh to Its rcaler^ the
productions of the ablebt authors, above-name^ and
many others embracing the Serial aaabbort Storl<*s
of the
PATENT GEAR MOULDING MACHINE.
JOSEPH WOOD.
Its
It Is
field.
ALL, DESCRPIPTIOKTS.
and description addncss
^^ For Photographs,
NETV^ ^V^OR-It steam: ElVGHIVE
98 CHAMRERS STREET, INEW YORK,
BAGS,
hu oarer failed to receive
SATURDAY,"
GEAR WHEELS OF
all
It
recently absorbed
We make a epeclalt;
And
Thb Livitra Aox
eaters upou lis ttilrty-ttilrd
the warmest aup
port of the best men and Journals of the country, and
has met with constantly Increaslne success. Having
In 1876
RAILROAD REPAIR SHOPS.
14 to 150
others, are represented in tbe pages of
Specialty,
WILLIAM STREET,
N. Y.
Bonds and Certlflcates of Stock a
Commercl*! Blauka ot all UDd«.
America"— Her.
any
_,
Dr. Cuyler,
courtfi'i/."— Phlla elphia
" Press."
" Its publication Hk ioeekly numbers givett it a great
advantage over its monthly contemporaries in tA« spirit
and freshness of TW contents."—" Tht i-acifi-." Ban
Kiancieco.
,
'•
Ought to Jlnd a place in every American Home."—
-,.,..
New York-
iime-."
,
^
^
"Simply indispensable to any one who desires to keep
abreast qf the thought of the age in any department qf
" Journal."
science or H(«rrt(ure,"~ Boston
A yew. f^ee Of postoffe:
puBLiSHBn Wrskly ai «8
or for 110 50 (coveiHng prepayment of postage on botk
veriotUcals.) Tnti Liviso Aoi and j«A«- on* of tlia
American /oHr dollar mouthlr Magtzlnef (OTMarpmr'$
Weekly or Batar. or Apvletoti's JaurMi^ w««kly) wlU
W
be sent for a year: or. for |»
Scrlbner'B 8t. IHcMias.
AOdrsu
j^ixTKLL
50,
Tm Utihg A«x
4c
and
OAV, B««lon^
:
:
mVESTOES' SUPPLEMENT
xxzii
[March 25, 1^76.
Instiranoo.
FuliUcations
OFFICE OF THB
THK
Insurance.
CONTINENTAL
*
Insurance Comfainy.
ATLANTIC
NEW YORK, 100 & 102 BROADWAY. Mutual
BROOKLYN
Insurance
Co.
(ANNUAL),
S
III
New
Continental Insurance Baildin^
961,427 48
Nbw Yobk, Jan. 34, 1876.
Trustcos, in conformity to the Charter of the
Company, submit tho following Staement of its
affairs on the 3l3t.nccombor. 8;5
Premiums received on Marine Risks,
800 000 00
& MONTAGUE
COR. rOURT
from 1st January, 187S, to Slst December, 18:5
$5,810,031 88
Prominnis on Policies not marked orf
1st January, 1375
2,455,378 87
ST8.
Reeerve for Re-In«nninc«
Special Reserve Fond, deposited noder
New Tork
Surplus
Law with
InaiU'
ance Department
Gnaraniy Surplus Fund
300,000 00
(jBdlTided Surplus held for all Claims
against the
893,738 28
Total Assets, Jan. 10th, 1876
(8,845,186 64
INSURES
FCRNITCKB.
DlirBI.LlN«S
VTARKHOVSKS niBRCH4Ki»ISK,
KK^TS,
LEtSBi,
Policies have been issued
RetariiS of
187S—United
upon
Premium.
THE CONTi:«ENTAL
WIS THK
FIRST COMPANY TO SUBMIT TO THE
BBSTBICTI0N8 OF THE SURPLUS
the PROTECholders as may
not be burned out at the time of a conflai^ration so
great as to destroy the ability of all Companies, to
pay their lo'ses in full, thereby avoiding the necessity of placing the Company in the hands of a
Receiver in iianlcruptcy.
Some of the benefits of submission to this law
are as follows
First— To the assured, who are claimants for
losses at the time of the great
fire.
them more money than can be obtained under the requirements of any other law
on this subject, because it exempts the Company
from receiver's fees, legal costs, or other expenses
It will give
deserved protection and provide for
the payment of their later stistalned losses, as if no
great fire had occurred.
It will save them from vexations and serious loss
of time and money in seeking and paying for new
insurance, while waiting indefinitely for the return
of what is due from the Bankrupt companies whose
become worthless, and whose
assets
be in the clutches of a slow-paced Receiver.
HOPE,
President.
LAMPORT, Vice-Pres't.
CYRUS PECK. Secretary.
B. C. T0WN8END, Sec. Agency
ABRAM
M. KIRBY,
S.
Dept.
Sec. Local Dept.
CHAS. H. DUTCHEB,
JOHN
Table for Investors. —Showing
annum
Sec. Brooklyn
OAKLEY, G«nwsl Agent
Dept
on
realized
the rate pei
securities, purchased
the outstanding
be paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the Ist of February Lext.
at various prices, ranging
certificates of the Issue of 1878
redeemed and paid to the holders there f,
or the r legal representatives, on and after Tuesday,
the 1st of February next, from which date all inter-
from
10 to 300
Stock Speculation.
Interest Cost of Carrj^lns Stock tor
will be
est thereon will cease. The certificates to be produced at the time of payment, and cancelled. Upon
certificate-' which were Issued for gold premiums,
the payment uf interest and redemption will be in
gold.
A DiTlJcnd
of Forty Per Cent,
clared ot the net earned
for the year
picmiums
endin? 31st December,
certittMtes will
be issued on and
of the
and Prime Commercial Paper,
moTcments
which
Tuesday,
the 4th of April next.
Loans
1870 to 1876.
bold I and Sliver—Ex
Imports and Production—Daily Prices of
Gold from 1868
to 1876.
Porelffu Kxcliange
D. S.
By order of the Board,
J.
ol
ol Call
is de-
Company
1875, for
after
One Day.
Tlie lUouey^ market. — Prices
porta.
Prices 1870 to 1876.i
Oovernmeut Bonds— Prices
1870 to
1876.
He caAPIHAN, Secretary.
State
Bonds—Prices
1860 to 1876.
Railroad Bonds—Prices 1870 to
1876.
Railroad and miseellaneons StocksPrices 1870 to 1876
TBI'S rKBS.
<
J.
i>.
Jones,
Charles Dennis.
W.
H. H. Moore.
Colt,
Lewis Curtis,
Charles
:I.
Russell,
Lowell Holbrook,
David Laue,
'ames l?ry.^e,
DauiHl S. Miller,
William Sturgis,
Josiah O. Low,
Williiim E Dodge,
Royal Piielps.
ollvn
.Ut)T<nieat
and Crop
In the
Gordon W. Burnbam,
Frederick Chauncey,
Charles P. Burdett,
Francis Skiddy,
Robert B. Minturn,
Chwles H, Marshall,
George W. Lane,
Boberi L Stuart,
United States, 18T4-5.
Cotton Splnclng In the United States
1874-6.
James Q. De Forest,
Alexander Y. Blake,
Cbarlee D. Leverich,
Adolph Lemoyne,
Adam
:V
IJI.
Cloth,
•
•
RICE:
........ $2 00
T. Sackett,
Horace Gray,
Thomis F Youngs,
H. H.
years-
$16,019,910 68
Six Per Cent Interest on
Henry
It will give a
fifty
Interest being componnded semi-annually.
certificates of profits will
:
T.
from one to
the
annua
dlfiferent rates of
464,037 98
363,408 40
Tue outstanding
Interest Table, showing
accumulation of $1 at
8,076,360 60
CashinBank
to maintain at all times
compels Just and prompl adjiistmonts :ind payments, no matter how great the fire or loss.
Seoond—To the policy-holders whose property is
not involved in such fire a hitherto neglected
GEO.
S>
.
867,000 00
It
may
Compound
interest, for all periods
Real Estate and Bonds and Mortgages
Interest, and sundry Notes and Claims
due the Company, estimated at
Premium Notes and Bills Receivable. .
equal in
amount to the "Special Reserve Fund," for the
greater protection of policyholders generally.
It will prevent any en roachment npon it by
later losses under nncanceiled policies.
policies have
I
Investmeuts and Speculation.
2,614,200 00
"GUARANTEE SAFETY FUND"
class
ttae
Cnlted State liaud Grants.
cent per
the proT.sions of this I,aw the rompany is
its dividends to stockholders
to 7 per cent, per anonm, and to deposit one-half
of the remainder of its earnings in the Insurance Department of this State, as a SPECIAL
Company
Represvutative ILallioads of
Railroads In Default.
the following Asssts, viz.:
United States and State of New York
Stoek, City, Bank, and other Stock».$i0,3l4,940 80
Loan 1 secured by Stocks, and other-
1874.
By
a
Mercantile Failures In 18T6>
Premiums and
Total amount of Asiets
compelled to limit
of banlsruptcy.
It requires the
ments- Financial Affairs in London.
Expenses. .$1,817,417 86
wise
RESERVE SAFETY FOSD, for
TION and SAFETY of such policy
Commerce—Bank Move
States
;
The Company has
other Insurable Property, at Jnst Rates of
LAW OF
^
Retrospect- of the Year
Flnanelal
nor upon Fire disconnected with Marino Risks.
Premiums m.^rkod off from 'st January, 18J5, to Slat December, 1875 ... $6,183,134 68
Losses paid during the
same period
$2,713,058 05
Life Risks
e
T'
CONTENTS:
Total amount of Marine '•remiums.. $3,895,394 75
No
Company
8
1
The
$1,000,000 00
CsahCspital
And
Review
Financial
OFFICER:
Edmund W.
C. A Hard,
Jame^ Low,
John D. Hewlett,
Do
to Subscribers of the CHiu»ara.K
ISO
John Elliott,
Samuel Hutchinson,
William H. Webb.
J.
Corllee,
D. JONES, President.
CHARLES DENNIS, Vice-PreaidenU
W. B. H. HOOBS, M Vice PrettldWl-
WILLIAM B DANA &
,ti
«
81
WIUJAH
CX).,
Publishmb,
STRBBT, M. T.
@FedFRASER