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il
wksUxs'
OP THE
COiKlIERCIAL AND FINANCIAL CIIBONICLE.
PUBLISHED ON THE LAST SATURDAY OF, EACH MONTH
Famished Gratis
NEW
to all Sabscribers of the Chronicle.
YORK, MAY
&
Morgan
Co.,
IVALI. STREET,
CORNER OP BROAD, NEW YORK.
&
Diesel
NO. 31
Drexel, Harjes
Co.,
eaVTB TuiiD
& Co DEALERS
IN
Bankers,
3
Bkoad
JAS. A.
and Letters of
ilredit
for Travelers;
also Commercial
|!redits available in all parts of the World.
Negotiate Flrst-Class Railway, City and
Ute Loans Make Telegraphic Transfers
|
:
;
Money
I
&
[omxtiUKE
&
Issue Bills of Exchange, Trat\-eler8' and
Co.,
Co.,
*
-
-
-
Paris.
-
Amsterdam.
OF
Canada,
lY AI.
-
lapltal.
-
•
up,
$9,000,000 Gold,
»«
8,138,636
Exchange boaght and sold, Commercial
I'edlta granted. Drafts on Canada issued. Bills coliccttransacted.
1, and other Banking business
WALTER WATSON,
WM.
INGRAM,
J.
I
Winslow, Lanier
St.
&
Co.,
No. S Wall Street, New York,
No. 4 Post OflHee Square, Boston.
CnEQnF.3
«
XBXANDERS, CI'iNLIFFES &
CO.
iROTLAn Notes and Credits fob Tbavbleks
I!. M. Ratev,
.1. Henostlek.
H. IIaar.
Member Stock Exchange.
ember Culd Kxcbange.
.1
& Co
No. 45 Wall
St.
AM)
AND
OHON
l.NTION PAID TO OKllKHS FOl! INVESTMKNTS.
(lUDKUS EXECUTED AT THE PHILADELPHIA
i'MTF;!) STATES SEIIF.AI.KKS IV SPKCIF,
HIT IKS. Bl'Y AND SKl.l. STdCKS, BONDS
MAUOIN. SPECIAL AT"I.D Foil <;ASH.
NU BOsIOS STOCK EXCHANOES.
Issue Letters of Credit for
forei^
Lichtenstein,
St., «or.
Exchanse Place,
NEW^ YORK.
Make Tele^aphlc Money Transfers.
Draw Bills of Exchange and ||sue Letters of Credit
on
all
principal cities of Europe.
Co.,
Gilley, Jr.
BANKERS AND BROKERS,
04 BROADWAY AND 19
NEW
STREET,
New
P. O. Box425V(.
and
York.
Socurltle", railway Shares
F.oiKls, executed eirlctly ou Commlsslun, at the
Government
Slock Fx'^hangc.
.
„
Parlicularattintlonpald to Investments. Foreign
FxchnuKO Boujrht and Sold. DoposlU n-celved ssSdaliy
allowc.l
on
lect to sight check, and Interest
balances, according to the nature of the account.
Prompt attention g ven to CcUcci Ions and liemUtancps. Information concei ning a y speciaed security
will be cheerfully furnished without charge.
F.
Henry
S.
G. St.
King
Jobs Susfiblb.
&
Co.,
BANKERS,
45 Pall IQall, London, England.
Issue CIRCULAR NOTES />-« 0/ cAorpe, available
.
B.S.GiLLsr
W. GiLLKT. Jr.
^
Member N. Y. Stock Exchange.
J. NxLsoH Tappan, SpcclaL
,
.
Grant COMMERCIAL CREDITS for use a«alnst
Contlgnmcnta of .Merchandise.
Execute Orders on the London Etock Kzchaage.
Receive Deposit
Collections on aU PolnU.
and Current Accounts on favorable terms, and do a
General London and Foreign Banking Busmsei.
Make
KING, BAILLIE
Messrs.
&
W.
Orders In
Obakt.
ic
CO., Liverpool.
NEW YORK CORRESPONDENTS,
SPECIAL PAlilNER,
DEITTSC'HE BANK, Berlin.
F.
B(TSISK88
In all parts of the world.
BANKERS,
39 William
BROKERS.
WALL STREET,
TRANSACT A GENERAL BANKING
travel.
Knoblauch
&
Company,
BANKEm AND
R. StrvDAM
TtaT«adneedl« Street.
New Yrrk
,
BANKERS AND BROKERS,
1
;
riTV RANK,
Londou.
SIXTY DAY STEKLIKG ON THE
ONSULIDATED BANK, LONDON.
TORB,
LONDON CORRESPONDENTS
AND CABLE TUANSFEU.S ON
4c CO., PARIS.
STERLING CHEQUES ON
NEW
)
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
Keceive the accounts of Interior banks, bjnkers
corporations and Merchants.
Agents for the sale of City, Oonnly, and Mallroad
jaUNUOB
Haar
PINB STREET,
&
Grant
Commis-
Co.,
Stock Exchinge
AND OTHER SBOCKITIKS,
No. 16 Wall SStrevt, New York.
No. 33
&
USSBBBILL.
STOCKS, BONDS, GOLD,
avail-
sion.
.cents
|
MUNROE
Stocks, Bonds, and Gold on
f*^™"-
.ONDON AGfeNOY, 33 Lombard
[OHN
t.ell
B.
BROKEKS IN
Deposit accounts receiyed on favorable terms.
Bonds
ITR E ET.
I.
Bills of
I
Commercial
Money,
New York
ers
CO.
BANKERS,
Merchants' Bank
(•aid
ft
able in the leading cities of Europe and the United
Buy and
£DWAED
BuckinghamSc Underbill
(Memi
HENRY OREENEBAU.VI
Credit*, also Telegraphic Transfers of
AQENCT OF
63
LOANn .NEGOTIATED.
Accoonts received and Interest aBoved oa balancsi
which may be checked for at slBht.
States.
;
AND DR.1W EXCBANGK ON
ToRTON, llosE & Co., - London.
Idpe
and Bonds
Bongbt and Sold on Commission, aad
Q. BCCEtNOBAX, JB.
I
I
EXCHANGE COURT.
mads on conslgnmeDU of
Cotton and Tob&ccotoonr address; also toourfnenai
iB Liverpool and London.
{COBNKB or Wall Stbekt.)
CHICAGO HOUSE
MBIIUHAHI
Boverun^eut Securities, Cold, Storks
York,
Street, Nevr
Co.,
5c
AND COMMISSION
Liberal cash txdvarces
DONALD MACKAY,
LATHAM A. FISH.
I
BANKERS,
Nassau
I
Notes
Circular
Issue
VmtMILTE,
TKOWBIllDOK.
K.
Greenebaum Bros.& Co.,
N. Y.
St.,
BANKERS
3
INTEBEKT ON DRPOSITS.
Morton, Bliss & Co
S3 WALL STIIEST. NEW TOBK.
88 8-1' ATK 8TKEST. BOSTON.
R. T. Wilson
ror.K CITT
BUT AND SBI.L ON COMMISSION
RAILWAY »TO( KS, BONDS dc ROLD.
WASH N
LONDON.
BiRING BROTHERS & OOnPANV,
ALL ISSCES-O? GOVERNMENT
BBOOELYN BO^DS.
ATTORNBYS AMD AOSNTS OF
IQes»r8. J. M. inuKU.lN & CO.,
ST.,
korh.
AKD
Deposits received subject to Draft. Securities, (told,
tc, bought an-l sold on Co.iiniletioii. Inlere-t allowed
Commercial C' edits.
>i) iieposit'*. Forelgo KxchatiKe.
Ji^b'.o 'I'rausfcrii.
Circular Letters for 'Aravcleri,
lv^l able 111 mIi parts of the world.
G. C. Ward,
8ECUU1T1KS,
NEW
Paris.
OLD BROAD
New
16 and 18 Naaann atreet,
&
G.
S.
ASIMTa roK
BAKKVKS,
DOMESTIC AND FOREIGN BANKERS.
No. 22
I inancial.
VEllMILYE & CO.,
BoulcTard UanssmaDn
31
St.,
Phlladeiplila.
187«
27,
FinanoiaL
Financial.
Drexel,
,
WARD, CAMPBELL
Adolph
Boissevain
&
Sc
CO.
Co.
BANKERS
AXB
COMMISSION MERCHANTS,
AMSTEKDAM, HOLLAND.
Boy and
In
Sell
Holland and
Mak;
on Commlss'on American Secarlttes
Markets.
throagbout the Continent
otl.er Conllnenial
Coll ctlons
Europe.
Make P«Tit*a" o"
ol
Letters of Credit to TrsTeleis
BualreM.
and transact a general American Banking
Blake
Refer by special permission to Messrs.
to Messrs
sad
ork,
and
New
1
Brothers * Co., Boston
S. * W. Welsh, PbUsdelphU.
••
INVESTORS' SUPPLEMENT,
ii
[May
Financial.
Financial.
Financial
27, 1876.
THE NEW ENOLASiD
Union Trust Company
NEW YORK,
Mortgage Security Co. No. 73 Rroadnray.
Cor. Rector St.
STOCKS
and
BOND5
Or'
ONE nULLION DOLLARS,
SETEN PER CENT lEN-YEAK BONDS
SECnRED BY
FIRST no RTG AGES Of inFROVED
KBAL ESTATE.
GUARANTEED. PRINCIPAL AND INTEREST,
BY
$500,000.
Bondt
Interest Coup ne payable feml-anin lly.
earer at option.
registered to orile', or iiajable lo
Acciuedlnle eai li not requued to be paid by purchaser, ihe ( ext-rtue Coupon beifg Btamied 8o aa to
denote thjt Internit bcglus at the a le of pu ctaaae.
Prnnphl- 1 wl.h full iDforinallon will be eeut on
pplicatlou to the Company's tjfilce,
IRVESTED IN UNITED STATES BONDS.
J.
M. Mol mK,
There Bonria are commended to the attention of the
lNV:-,ST>>liS, as Ihey
cm
ae
be obtained.
I>elieved to !)<• ae perfect a 'ecurlty as
The liane ol Bonde Is 1 mtted lo one-half Hie amount
Of thesametUssof Boodi ever Usued under a like
Guarantee.
The
security of
evhRond
Moitgage, but extends oyer
bytheCompa
...
Is not confliied a to
all the Morigages
v. 'i his company rtceivet
oLiiei fiecurnle*. and lia'i no
no
.
"l
;
HKNKT SALTON8TALL.
Cot. ot Montague
TRCSTEES:
J. 8.
Chas. R. Marvin, A. A. Low,
Rolfe,
Sullivan, Atjm. B. Baylis, S. B. Chittenden,
H, E, Pierrepont, Dan'lCbauncey, Edward Harvey,
Joslah O. Low, James D. Fish,
John Halsey,
Alex. M. White.
Wm. B. BUNKER. Secretary
PINE STREET, NEW YORK
BT REGULAR AUCTION SALES
No. 43
STOCKS AND RONDS
Every itonctay and Thursday, »r
Made on all othbb Days,
Special SAXiSs
UPON OXB DAI'S NOTICE, WHEN RtQUlKKI
Our EstablKhed Custom 24
tV
aud Kebbers.
Yeari
Stocks and Bonds bought and sold attheNe
fork Stock Exchange, and
on eomml
at p; ivate sale,
sion.
Securities not dealt In at the Stock Boards
S3f
many
specialty with th's house for
years.
t37~ First-class Municipal Bonds, Rallrosd Bod(
NEW YORK,
GUAKASTEED BY THE
GOSSLER
WIEES, Ac,
CO.
OF
NEW YORK,
&
110, 143
first
BROADWAY, COR. LIBERTY
146
Placed lu CENTRAL AND NORTHERN ILLINOIS,
on Choicest Land In the 'West, at
BANKERS AND RROKEBS,
"(«.
While bond., and stocks are the footballs of brokers
solid Illinois and Mii-aouii 1EN fKU C NTS
tl.e
(senl-annually at ihe Aincriciin Exchange NallonU
Bank, New Vori,) and our clioice Kansas TWELVE
PEK CEN'I S have never failed. Nothing but an earthquake can impair their absolute securiti/; and as to
proiiiptness, ask our New York IJa.k. our paper is
always at par ia aevr York. b*^caiiee alwaya paifl at
maturity. H;ive loaned millions, and n^t.a dollar ha
•ver been lost.— For details adilrefs ACTUARY of the
Central Illinois Loan Agency, Jacksonville, llUioli
T. o. Box sn.
Stocks,
New
Street
Bonds and Gold on omailiclo
LancasterjSaunders & C(
BANKERS AND BROKERS,
66 Rroadn-ay, Ne^v York.
SOUIHEBS AND MISChLLANEOUS SECUKITIE
OF THE OITV OF
con.
NEW ¥ORK,
BROADWAY dt WARBEN
PAID-EP CAPITAL,
Bought and S
A
»1,000,000.
TERSE PER CEXT Jnterest per annum
Pays
Deposits subject to check at
Fnys
sir/fit.
lOURPER CEM' Interest
E
MANGAM,
D. R.
C.
.
CEUIKSHA:«K,
S
65
annum
jU.<Jl3.fG^.
on
President.
Secretary.
WALL STREET
CKJ
BANKERS,
Ca.
,
4
Dealer in
Fire
and Marine Inaurance stock
and Scrip
"SFECIALITI."
Cash paid at once for the above Securities ; or the
will be Bold on commiaaion. at sellers option-
Smithers
&
Donald,
BANKERS AND BliOKERS,
No. 3 Broad Street, Ne^v Vork.
STOCKS, BONDS, GOLD, &c., BOUGHT AND BOLD
FOK CASH OR ON MARGIN.
Refer, by permlssioE, to the Agents of the
MoutrcAl.
Specially.
on
Bailey,
.
on Commission.
Loanii Negotiated.
months orlonger.
special deposits remaining stx
Acts as Trustee for estates.
JOHN
per
U
VIRGINIA STATE AND RAILROAD SECUBITIB
SI.,
Invested in United States Government Bonds.
ARELL, CRAie & GIRSON,
A Solid Twelve Per Cent
sell
Interest allowed on deposits.
NINE PER CENT NET.
ITIattoon, Illinois.
62 Broadwar and 21
Buy and
An
extended acquaint.ivnce, large and successful experience, and highest references among Investors.
Correspondence solicited.
amburgau'
EwEN & Tuttle,
ST.
established in the world.
¥H1
,
Farm Loans
If
William P. Tuttle,
Jons EwEN, Jr.,
Member Stock & Gold £xcb. Member Stocks Ezchauf
Francis U. Jenks, President.
The
of
1 hese Securities bear Seven Per Cent Interest payable semiannually, and are oflered for sale at one
hundred and two and int* rest at the oftice of the
Enultable Trust Company, Noa. 52 Ji 54 Wiiliani street.
JONATHAN EDWARDS. President.
Rank or
HAMBURG.
the
ROBERT L. KENNEDr, ADRIAN ISELIN,
JAMES A. K'.IOSEVELT,
SAMUEL WILLETS,
EUCiEAE KELLY,
tVM. REMSEN.
JHHN D. MAXWELL,
CHAS. BUTLER.
GUSTAV H. KISSELL.
HENRV P. HAVEN,
sues
Co.,
London, (LlntKed.)
HOUSE IN EUROPE,
RECEIVED FOR SAFEKEEPING BY THE
CONSERVATIVE INVESTORS.
Tifr**— The prompt payuient of both principal and
nterest of every bond is guaranteed by this Company.
The Company guaranteeing these Bonds receives no
deposits, owes no money, and Incurs no obligations of
any character except those arising from such guaranty
thereby keeping Its whole caiiital of One Mi.lion
Dollars unimpaired. TO MEET AT ALL TIMES the
prompt payment of both principal and interest of
these Bonds.
,
„
,
All mortgages securing tlie Bonds are formally ap
proved by the foUowiiig Executive Board :
&
OOKRESPONDKNTS OF
Internatloual
(At $1 a year for $1,003 of Bonds.)
$1,000,000 CAPITAL.
THESE REAL ESTATE MORTGAGE BONDS ARE
COMMKNUED TO THE ATTENTIOS OF
THE MOST
;o Stave
Bonds, Stocks, Jewelry, JOHN BERENRERG, GOSSLER *C<
SAFE DEPOSIT
Equitable Trust Co.,
BO;TON,
Pearl Street.
SAFEKF.EPING OF VAI.UAriLES under
gutrantee. Pilvate cthuea for Ba ks a-id Bunkers out of the
city. Separate roums tor L.a(.y fstrons.
KlLWOOD E. THORNE, President.
Office hours. 9 A. M. lo 5 P. M.
llben
terms.
134
(Masonic Temple Building.)
REAL ESTATE
MORTGAGE BONDS
real estate of not lehs than double
Alex. McCne,
Henry Sanger,
Rockwell,
John P.
Thomas
No, 73 West 23d Street,
B. Upham.
COtT>8EL;
Hon. Fenry W. Paine, Boslon.
Sli.eon E, B'ltlwln. Mew Haven.
of
& Co,
and other Incorporated locus negotiated on
J.
liability
S01«
PINE STREET, NEJT YORK.
»500,000.
authorized by special charter to act
as receiver, trustee or guardian.
It can act as agent in the sale or management of real
estate, collect Intel est or dividends, receive registry
and transfer books, or make purchase and sale of Government and ether securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will find
this Company a safe and convenient depository for
RIPLEY ROPES, President.
money.
'
CHAS. R. MARTIN, Vice- Prest.
£d€Iab M. Cru-EN. Counsel.
Central Safe Deposit Co.
Dav.d K. Whitney,
first mortgage
its value.
MVELER &
H.
Albert H. Nicolay
Secretary.
Company Is
John r. Putnam.
lirst—They have the individual
maker.
SecoTid—Kvcli bond is secured by a
ADRIAN
& Clinton sts., Brooklyn, N. T.
CAPITAL,
This
K. R. Itudge,
Itons all,
Charles L. \oui.g.
.-
Geo. Cabot Ward,
TuEODOaE ROOSETKLT.
Security Against Fire
DIBKOTOBS:
Henry
OH
WEDNESDAYS AND BATDRDATS.
stock Anctioneers and Brokers,
FRANCIS
Charles L. Flint.
AUCIIO;
of
STOCKS AND BONDS,
No. t
The Brooklyn Trust Co.
President.
A. OSBORN, Treasurer.
VI0K-PKK81DKNT8:
Geo. C. Rlchardsnn.
Amoe A. Lawrence,
Thomas Wlggleswortli
James L. Little,
Geo. P. rpham.
all claesea
"Wm. WHIrxWEiaHT,
0. OCILViE,
J.
.
other debts
puaraQt esnj
than Its bond*. Us Mortgages are of like character to
those whkh have been bouiiht In Ihe last twenty years
and other
t'ouipanies
by Individ' als. Lite Insurance
Corporations to the amount of mote ihin Fifiy Mil
lions of foliar*, prov ng a mott secure and satlsfactor
he Loans are all upon Imprr.ved Farms
iQVtstment.
in some of the most fertile Western state?, near the
Railroads, wlih thort and perfect titles, and average
less than $650 ejch, upiju pro: ertv worth m-arly four
times their amoun'. Kiperlence has provtd that we'lBele.:tert Mortgages upon tliii class of properly are
eater than those uiton ri'v property, either in the East
or West. They a e n tatlected by fires, or by Business
revulsions; Prin Ipal and Interest are more promptly
paid and upon ihe tu cess of Agrl ulture depends
that of almosieveiy Indu-trlal Investment.
of
SaMIJ»L WlLlKTB.
B. H. HUTTOS,
E. B. W«sLitT,
G. G. WlLLIAUB,
single
owned
depo'lts,
REGULAR
hold
SALES
EXECUTIVE COMMITTEE.
43 nniii street, Boston.
MOST CONSKkVATIVK
nndersigoed
Pre-ldent.
3 I»r. nicLE tN, Firnt Vlce-Pre«ldeut.
WiU. TTHirEWKIGH r,
Secoud Vlce.Presldcnt.
l
A
The
Anthoilzed by lawto act as F xecutor, Adra'srator.
Guardian, Ke:-eiver or Trustee, and Is a legal depository
for money paid Into Court or Iranaferrea to It by any
buirogate.
Interest allowed on deposits, which msy ke maae
and withdrawn at any time.
N. B.— Checks of Depositors on this Institntlon pass
through the Cle trlng House.
EDtVAKO KING,
ITS
CAPITAL STOCK OF
At Auction.
CAPITAL,
OFFEKS FOR SALE. AT PAH,
Bank
of
WALL STREET, NEW
YORK.
gol'
Persons keeping accounts with us (currency or
ft
deposit and draw as they please same as with
may
balance
bauKS, and will be allowed Interest on dally
according to the nature of the accotmt.
boni
stocks,
Orders for the purchase and sale of
prompt »i
gold will receive from us, personally,
careful attention. P. O. Box 2.M7.
W. TBA,
C. W. McLlLLAJr, JE.
A. M. KIDDKB.
md
GAVLORB, Miscellaneone
ALBEN>-o,83
.0.B:
New ic.rk
WaU
S
r
K
1
St.,
cirntie^
City a,
Special attention given 'o St. Louis
lown a
o'ounty Bonds; Misssurl County, dty.
of
Mocks
B?'"l6aa.!
the
'Also,
to
Schoof [ionds.
Atlantic S Pnclllc, Mi"'';
toll jwine RHllroads :
Pnciac, luuth Paciftc, Kansas I'«<!'«'^,-,'"^'''''*,J„i,'^;
Norlhei
North Miss jurl. St. 'Louib KansaB g">-*
8. Mchols.* >Refers by permission, to Messrs.
!,:ti3).
W
Bankers, N8W Vork'
^unkinit
nkstirrs'
OF THK
COMJIIERCIAL AND FIIVAXCIAL CIlROiMCLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
Furnished Gratis to all
[B»tered«ccordHi»toaet of CongrMs. In the year 18», bT Wii. B.
NLW
Subscribers of the Chronicle.
Daka * Co.! In the offlea of the Ubnnu of Coa«r«u, WmUoiMd.
YORK,
INVESTORS' SUPPLEMENT
OF THK
I
Cnmnitrrial
MAY
27,
D. C.l
1876.
month, as the summer season approaches, when no use Is found
for money.
The general course of railroad affairs. Including the
late decline in the coal stocks, so confidently held as
investments,
has a tendency to narrow down the views of strict investment
purchasers, to bonds secured by mortgage on lines of railroad
null jFinann'ol Ctironirle.
which have proved themselves abundantly able to earn interest on
fuch mortgage bonds, and all other bonds of a prior lien thereto,
and
The Siipp'cment
is
a complete exhibit of the
Funded Debt of
States and Cities,
and Bonds of Railroad and other Companies.
It
is
to show a considerable surplus in addition.
In making any
estimate of this sort, it is also necessary to be able to assume with
and of the Stocks considerable certainty, that the business of a railroad is so well
established as not to bfe liable to meet with a heavy reduction
issued oa the last Saturday of each month, containing
furnished without extra charge to
Chhoniclk; no single copies are sold at the
all
regular subscribers of
office,
The present is
Thr from any temporary or exceptional causes.
comparatively a good time to make a safe estimate of railroad
is
business, as there are few person", tven pessimists, who would
as a sufBclent supply
printed for subscribers only.
Transient advertisements are inserted at twenty-flTB cents per line; adver.
tiaements by the quarter, six months or year, at special rates.
INVESTMENTS
The month
of
May,
I.\
MAY.
of a
1876, has been less favorable for an active
business in investment securities than the
allege that railroads will not in all probability show as good net
results in future years as they have averaged in the past three
years, 1873, 1874 and 1875.
In making the examination as to
railroad bonds, here suggested, it is evident that second mortgages
number
of roads will be found better than the
first
mortgmges
of others.
same month usually
Real estate mortgage investments are in good demand, and it
at this season of the year that the companies selling real estate
iu:;luding the coal-carrying roads, which have been regarded as mortgage bonds begin to do their best business.
The shaking in
among the best of investment stocks, together with the gloomy railroad securities has turned the attention of investors towards
fi'eliug in many departments of mercantile
business, have real estate mortgages, and the success of this class of loans at the
contributtd to r< duce the demand for investment bonds.
West, wherever they have been carefully made, has been so good
Government bonds have been pretty well maintained on a gond as to encourage investments in that direction. The Connecticut
businesp, and a considerable part of the purchases in this market Insurance Companies, which have loaned on western mortgages
Lave been for out-of-town customers Baltimore and points for some years past, as well as private individuals, and more
further South taking a fair share.
Between London and New recently the Equitable Trust and other mortgage companies,
York transactions have not been active. City bonds continue in have all given a favorable account of this class of Investments. It
favor, and the new loans offered, (in most cases to take up old is hardly necessary to suggest that great care should be taken in
bonds) are easily placed, at good prices. TLe favor which city selecting suitable property to loan on, and also in having the title
bonds meet with at present is undoubtedly duo in part to the properly examined and the papers in all respects correct; to this
is in
The
other seasons.
large d^pression in
railroad stocki>,
is
—
general wave of economy, which is passing over the country and
forcing municipal governments to be more careful as to an
increase of city debts.
This economical mood
end it is almost indispensable to loan through some responsible
agent at the West, or to purchase the bonds sold by the mortgage
commenced with companies, these latter having the advantage of a guaranty. In
frauds in New York city in 1871, and this connection, some interest attaches to the decision of Judge
has since been greatly stimulated by the crisis of 1873 and its Dillon of the U. S. Circuit Court, recently given at Omaha, in
subsequent depression. These causes, which put a cheek upon the case of Moore, assignee in bankruptcy, against the Mutual
the rapid increase of municipal debts, did not come a^ moment too Life Insurance Company. The first telegraphic report slated that
soon, and the present high credit of most of our cities, and the the Court held the company's loans on real estate in Nebraska,
eager demand for their 6 and 7 per cent bonds at prices above amounting to some |500,000, were usurious. The legal rate of
the revelation of the
Tweed
If the flood interest in Nebraska is 10 per- cent, or any rate on express
any particular municipality, contract not greater than 12. Usury prevents the recovery of
and bonds issued like water, purchasers should take notice in any in'erest on the principal. A piivate letter from a lawyer In
time and limit their buying. It is an important inquiry for those that vicinity, which we have been permitted to copy, gives an
having to do with the management of city finances, whether any explanation of the decision, as follows: The Life Insurance Co.
practicable plan can be established, by law or constitutional made two loans to McMeekin of Nebraska City, one of |8,000
provisions, to give city loans a priority of lien on revenues and and one of $12,000, at the highest l>;gal rate of Interest, and
property, in the order of their issue.
If tliis cannot be done, the required the borrower to take out life polices on his own life and
other safeguards can be more generally adopted of limiting the that of others to the amount of about f 80,000, as additional
borrowing power of cities to a moderate percentage of their total security. The agent of the Insurance Company also charged him
assessed valuation, or in case of particular loans specifying the a bonus of 3 per cent for procuring the loan. Judge Dillon
particular source of revenue, from taxation or otherw ise, out of declared the contracts usurious, and based his decision largely on
\yhich the interest and sinking funds shall be paid.
As to the the ground that the requiring such a large and extraordinary
last named, however. Judge Dillon of the U. S. Circuit Coutft has amount of insurance, not only upon his own, the borrower's, life,
lately decided that a Clark County (Mo.) bond, provided for by a but that of others, as a aondition of making the loans, is a direct
special levy of 1-20 of 1 per cent on the property of the C3unty, loss to horrowers, and in violation of the purpose and policy
had no further claim on the general revenues where the special of the usury law. The contracts, though usurieus, are void only
levy proved insufiicieut to pay it.
to the extent declared by statute. The writer adds " I don't think
In railroad bonds there has been rather more business this the decision will at all effect loans as ordinarily made,"
par, are largely
due
to the influences referred to.
gates are again opened in the case of
STOCK AND. BOND TABLES.
NOTES.
These tables nre expressly Intended to be used In connection with the information concerning Investment matters, puhlished from week Ul
week In the CimosrCLE— to which an index is furnished in the romarlis at the foot of the tables. Annual report* ai-e in black-faced figures.
A ftill dcsciiptiou of U. S. Government Securities is published regularly iu the Chronicle each month, as soon ne the official "Debt State
I
ment" is
issued.
Prices of all Stocks and Bonds are quoted weekly In the Chronicle.
The followiug will irive explanations of each column of the tables below
Dewripfiofi.— Railroads lca.sod to others will often bo found under the lessee's name. The following abbreviations frequently occur, viz.: M. foi
"mortgage," s. f lor " smkiug fund," 1. gr. for " land graut," reg. for " registered," coup, for " coupon," Br. for " Branch," guar, for " guaranteed,"
end. for "endorsed."
^
,
^,
. ^^
,
^ ^ ,
Dait of Jlo)ult.—The date of issue on the face of the bond is referred to In this column.
Mileg of itoaif.— Opi>oslte Stocks, this means the miles of road operated, on which the earnings are based; opposite bonds, the miles covered
hy the mortgage.
Size or Par Koine.— These figures are dollars, showing: the uctiOmiuations or par value. The figures " 100, Ac," signify $100 and larger.
Rate Per C'e»(.— The interest wee aniinm is given for bouds, but the per cent of last tlicktend for stocks a means gold; i, extra «, stock or scrip.
When Vayable.—J. &, J. stands for Jan. & July F. <fe A., Feb. Si Aug.; M. & 8., March & Sept.; A. & O., April & Oct.; M. & N., May & Nov.; J. &
D., June & Dec; Q.— J., qiuiitcrly from January Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
Bond*, principal when due ; Stocks, last dividetuL—The date in this column shows the period when the principal falls due of bonds, but the time
When the last dividend was paid on stocks.
.
^,
,
:,
;
;
;
;
STATE SECUKITIES
confer a great fayo' br gtytig ImTiiaJlnte notice ot any error discovered In tlie»e Tablca.
INTEREST.
DE8CEIPTION.
Date of
Size or
Amount
Principal when
Due.
Bonds.
par
Outstanding
When Where Payable and by
Bate.
Value.
For explanatious sec notes above.
Payable
Whom.
Sub»erlber«
Tglll
Alabama—
1872
and extended
extended
1866
1866
do
1870
Sterling bonds of 1850, extended
1866
Sterling bonds, extended
do
1866
do
do
1867
do
1866
Bonds of 18C6
1868
Bouds of 1868
1872
New 8 percent, loan of 1872
1873
1873
do
do
1874
New 7 per ceut. loan
Educational funded debt
1870
Direct loan to Moutgomery & Eufaula RR
1870
Direct loan to Alabama & Chattanooga RR.
Railroad bond indorsements1870 to '71
State certificates and Auditor's warrants
J^rkansas—
1860 to '70
Funding Hdliila tt{ lS69and 1870
1871
Levee bitnds (or warrants)
1838 to '39
Old Uhf iiiidcd debt, including interest
1872
Ten year bonds for deficiencies
1875
do (for $2,500,000) Act May 29,'74
do
State bouds, due in 1872
do
do
.
$100&c.
100 &c.
100 &c.
100 &c.
lOO&c.
1,000
1,000
1,000
1874
1809
1870
1870
1870
1870
5
5
5
6
5
473,800
688,000
64,800
82,500
648,000
877,700
500,000
650,000
185,000
765,000
1,000
100 &o.
8
8
8
8
M. AN.
M. & N.
M. & N.
June 1.
J.
&
J.
do
J.
J.
&
&
J.
J.
N. Y., Union Trust Co.
500 &c.
1870 to *72
1873
SOOic.
State capital bonds
Funded debt bouds of 1873
6
3,050,000
1,460,000
2,123,080
300,000
7
7'
—
do
do
do
do
10-20 year
20 year
]
20year
10-30year
^
g
9
3
o
,g
,
*^
c5
«
1801
1SG3
18G4
1S64
1865
1,700,280
200,000
1,200.000
1,000,000
1,200,000
600,000
1,350,000
1,000
1,000
1,000
100 &c.
Columbia—
500 <fcc.
1872
Permanent improvement, gold, coupon or reg.
cnrrency
do
1873
do
Junc,'74&
Feb.,'75)
guar.,Acts
1874
b'de
(U.S.
56'&c.
Fund,
1872
50 Ac.
Market house bonds, coupon
'73
water
bonds,
coui»ou
to
1871
1,000
Potomac
1872
100 &c,
Washington tuiiding, gold
'68
WasUington
debt
1828
to
Other
Corporation or Georgetown
Floriaa—
1871
State bonds
1873
Consolidated gold bonds
1.000
1870
1.000
Loan to Jacksonville, Pensacola & Mobile RR.
Georgiw—
Various.
500
Atlant ie & Gulf Railroad bonds
1866
Bonds, act of Mar. 12, 1806 (West. & At. RR.)
500 &c.
1870
Bonds, act of Sept., 1870, gold (int. quarterly)
1,000
Bonds, act ot Oct., '70, gold (int. semi-annual)
1870
1,000
1872
Bonds, act of Jan. 18, '72
1873
Bouds lor funding
256&C.
1876
Bonds to fund coupons on endorsed bonds
ER.end'scm't8(only $2,418,000 acknowledg'd) 1870 to '71
Brunswick & Albany Railroad direct bonds
1870
1.000
not taxable, 20 year
'-'
J
J.
7
7.
A.
A.
A.
A.
A.
7g.
7g.
6g.
J.
J.
J.
7
7
7
509,400
877,000
6
G
6
J.
J.
J.
568,500
C
6
A.
A.
1,741,100
jyistHct of
Alabama.— The
cominisRioners, under law of Dec.
1, 1874, to ascertain, liquidate and adjust, the legal
liabilities of the Suite on its bonds, propose substantially that 30 year bonds bearing 2 per cent for
6 years, 3 per cent "for next 5 years, 4 per cent for
next 10 years, and 5 per cent for last 10 years, be
exchanged for old bond^', without any allowance
for past due coupons. The State has been in default since January, 1871. Tiie value of all taxable
property IS given at $180,000,000; tax rate, 7)4 mills.
The assessed valuation of real estate in 1875 was
ssi.ss^aia. (V. 20. p. i:w. 531, 570, SSl; V. 21, p.
M70,
2i»4,
3j2, 634, «12;
V. 2\p.
110, 15?, 50i.)
Arhamas.—'Rnte of taxation, 5
mostly held by U.
mills.
Unfunded
Tlie State is in default
for interest. By the last assessment for 1872 and
1873 the total valuation of property was $i0(,!l7.i,3-29.
debt
is
p. 1B7, 1S9,
590.
V
21. p. 161.
See Chuonicle.V. 10,
037; V. iO, p. 139, 161; V. 21, p. 465,
as quoted in
CoZi/omia.— California finances appear to he in a
particularly sound conditio*. The State holds in
trust for School and University funds the ^500.000
Capitol bonds and |8,063,0CO of bonds 1878, Total
6g.
7
5,
350,000
884,500
4,000,000
J.
J.
&
&
&
&
&
&
&
&
&
&
&
&
&
F.
7
J.
J.
6g.
8g.
6
7
7
Sacramento, Treasury,
do
do
J.
J.
J.
Hartford, Treasury,
J.
J.
1899
1900
1882
do
do
do
do
do
do
do
do
do
do
N. Y., First National
N. Y., Importers'
&0.
1883
1885
1893
July, 1881
183
Jan., 1883
Jan., 181
Oct.,
Oct.,
Bank,
18
18:
Julv 1,1891
July 1, 1891
Aug. 1, 1924
July 26, 1892
Oct. 1, 1901 to '03
1892
& Tr. B'k
do
J.
J.
1899
1900
1900
190e
April, 190
J.
J.
do
Jan.
1903
1,
500,000
7,545,900
1,500.000
7
7"
J.
J.
&
&
21, p. 03, 417,
Not
paid.
1892
N. Y., Fourth National B'k.
N. Y., Fourth Nat. Bank. April 1,1 875 to '8
July 1, 1896
J. N. Y., Fourth National Bk
A. &"o.
V.
do
do
do
do
A.
8
p. 239, 416;
do
do
do
do
0.
0.
A.
I'-
307,500
J.
J.
J.
1,100,000
—
SO,
do
A. N. Y., Fourth National B'k. 1878, '9, '80, '1,'6
July, 1886
do
do "
J.
Oct., 1890
Q.-J. N. Y., London or Frankfort
District of Colurribia. The total as.sessed value
of taxable real estate in 1373 was §9.1,452,681. United
States Attorney-General Pierrepont rendered an
opinion tliat the faith of the United States
is plod.^cil for the payment of interest on the
3.63 bonds, but conflictinGr lei^ai opinions have been
rendered as to the right of New York savincs b.n!<8
to invest in these, as government Securities. The
interest due February, 1876, was not paid till March,
as no apprripriation was made by Congress. The
total amount of 3-65 bonds issued to February were
as above. (V. aO, p. 83.
See also V. 19, p. 1.5, 61,
4n; V.
do
N. Y., Union Trust Co.
J.
F.
g-
mill.
189,
1889
0.
0.
0.
0.
0.
&
&
&
&
J.
J.
Conn£ctUnit.—The debt of Connecticnt was all
created for war purposes, and has been reduced
since 1860 from $10,00.1,000 to the present figures by
sinking fund puxhase«. The 1^61 bonds are payable at pleasure since July, 1871, and those of IK&f
since October, 1871.
Ast^essed va no of real and
personal property, $351,783,469; rate of taxation, 1
142,
York,
do
do
do
do
Washington, D. C.
do
7
6 g. Various New York and Washington
Washington, D. C.
6, 7-3 Various
do
6
Q.-J.
3-65
7
900,000
3,600,000
2,098,000
1,880,000
&
&
&
&
&
valuation of property, 1874, over t60O,0OO,n00. Tax
rate, 50 cents par $100. As the debt is now practically extinguished, tlie
Governor advises the
c;radual cancellation of the bonds held in trust and
the purchase of foreign securities in their place.
(V. 19, p. 3 of advertiscaients; V. 19, p. 32.)
485; V. 82 p, 131,
1893
1894
"&J. New York, Latham, A. & Co.
S.
Interest was paid Jan. 1, 1876, on secured siukin?
fund bonds, issued under the. law of December, lb74,
A Board of Finance was
to pay expenses.
appointeil lu January, 1875, to confer with hondhiilders of the S'..ite and ihey issued a notice
New
Jan., 189
N. Y., Union Trust Co.
1,318,.'500
4,000,000
677,300
13,743,050
152,400
476,000
1,812,300
1,235,824
252,317
York.
do
do
do
do
J.
8.
J.
* * * '
"7'
95,500
500,000
2,801,000
100 &c.
New
J.
10
Vonnecticitt
War bonds,
J.
J.
J.
J.
May, 1892
May, 1886
May, 1886
Jmie, 1890
1886
188G
1886
1886
1888
8
Califomia—
Soldiers' relief
York.
do
do
London. Union Bank.
do
do
do
J.
"s
8
New
&
&
&
&
&
&
&
&
J.
J.
J.
J.
J.
J.
M.
7
(1)
1,000
1,000
1,000
1,000
1,000
gg.
6g5g-
2,810,670
300,000
2,000,000
9,193,000
998,135
.
Treasurer's certificates outstanding, Oct. 1,'74
Secured sinkinj; fund bonds (Oct.-Dcc, 1874)
To Memphis it Ijittlc Kock Railroad
To Little Rock & Fort Smith Railroad
To Little Rock, Pine Blnll's & N. Orleans RR.
To Miss., Ouachita & Red River Railroad
To Arkansas Central Railroad
$168,000
1,941,000
Not
b.
Dec, 1890
paid.
—Less the
sinking fund of $19,900, and J.
Be«l
P. undM. loan, the total debt is $l,l'.i9,roO.
and personal property are valued about $35.00^,000;
is
tax rate, 7 mills. Tlie loan to J. P. & M.
secured by mortgage on road, and the question as to
the Sta e's obligation to the bondholders was before
the United Stutes 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 decision of the State
Supreme Court holds them uuconstituiional. (V. 21,
Florida.
RR
p.4B6;V.
22, p. 158, 233.)
Cewyio.—This is one of the flonlhem States that
has paid the interest on its acknowledged debt, but
the Sta'e Legislature declared void all the semiannual gold bonds of 1870 ($1,880,000), and $102,0(X)
of the Quirterly bonds held by II. Clews &C;o.j
the Brunswick & Albany bonds, $l,500i000 and all
railroad endorsements, except. $I,950,tO) Macon A
;
&
Chatr.; $340,00.1 No. &
$31,000 Meinpliis Bmnch. Assessed
Brunswick; $191,0)0
Ala.
So. Ga.; and
value of property in 1874, $273,0fl0,00i); in 18T5, $261,-
&
Brunswick
755,884; rate of tax, four miils. Macon
R:iiiroad endor-ement was declared valid bv Lciifilature of 187!. but the later iesne of $60'V'O'l was
deciitred void by the Legislatu e in 1875. Governor's
Message, V. 22, p. 8 7. (V. 20. p. S3. .See also V.
l'>, p. Ill, 350, 876; V. 20, p. 211, 336, 370; V. 22, p.
4iO)
^r
May
STATE SEOUniTIES.
1876.]
i27,
Sal>*erlb«rs will confer a creaC fltror
DESCRIPTION.
by cIrInK Immodlata n«tl«« ot any •rror 4lsrover«4 la thaaa Taklca.
Date of
Size or
Amount
Bonds.
par
outstaudiDg.
For explanation see notes on tlrst page of tables.
JlUuoit—
,
„ J
Befunded stock bonds
Normal University bonds
Tbornton loan bonds
War bonds
^
,
Value.
^
1847
Interest bonds, inscribed Btock
1,000
1,<KX)
1,000
100 Ac.
'
Jndia>ui—
Bonds, short loan
Sebool fund bonds (uon-nogotlable)
1873
San*at—
Bonds, 18fil to '09, fnuding, Ac
Bonds for various State purposes
HUitarr loan
$921,060
286,000
23,000
86,000
142,300
6
6
U
6
6
Various
Various
101,175
880,000
346,000
7
7
J.
J.
500
132.500
J.
1,000
1,000
1,000
r.7K,ooo
6
6
500
100 Ae.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100 Ac,
500 Ac,
500 Ac.
1,000
,500 Ac,
100 Ac,
8
303,000
57H,OO0
792,500
114,700
80,000
87,000
1.806,000
260,000
53,000
184,000
70,000
2,.500,000
6
8
A
A
M. A
6
J.
J.
8
7
6
M.
&
1838
1838
1938
Ohio Railroad sterling
Chcs.ipeakc & Ohio Canal sterling
8u8<iucliamia & Tide Water Canal
Railroads and cmals
Eaftorn Shore Kailroa^l
Haltittiorc &. Susquehanna Railroad
rlics;ipeake & Ohio Canal
875,000
9,018,700
J.
iialtiuKire
&
,...
435,000
l.'>6,615
Maryland State Lojui
MasBach ttselts —
Lunatic Hospital (Western Massachusetts)...
100 Ac.
1857
1861 to '62
1801
1802
1803
1863
1804
1864
War Loan, sterling.
1869
Troy & Greeutield Railroad loan, sterling
1858 to '61
do
home
do
1861 to '03
sterling
do
do
1868
sterling
do
do
1871
sterling
do
do
1875
dollar bonds 1873 to '74
do
do
do
do
do
1875
Southern Vermont Railro.ad Loan
1860
Norwich & Worcester Railro.id Loan
1857
Hoston, Hartford & Erie Railro.ad, sterlin,
186Sto'69
Harbor Land Improvement (.'i-'JOs)
1874
1 )an vci-s Lu uatic Hospital
1874
Lunatic Hospital, Worcester
1875
New State Prisons, sterling
1875
Back Bay L.aiulfi Ix>an
Unlou Fuud Loan
do
do
do
C'oast Defense Loan
Bounty FiBid Ix)an
Bouuty Fund Loan
do
do sterling
•
Mu-hl<jau
Renewal
Bonds
Ix>an
d-bt has been rapidly reduced of
without the addition of new loan-^.
extinguished.
Tlie Illinois OenTal
Railroad charter tax on eamiu^^s coutributes over
IIOO.OX) per year to tho State revenue. The a.-^spssment of all properly in 1S7.') was S1.0d.5,5a!i,8.")0.
Muni<;ipalities in Illmois are in some localities
heavily incumbered with debt Issued to railroads.
1.
(V. 19, p. 15, 38, 526.)
j
j
i
ihdiann.— There are also $139,000 of war bonds.
There is a question as to the State's obligation to
Wabash & Erie Canal debt. A ruference
fay the
the origin of that debt, arising from the State's
compromine with the bondholders iu ltU6, will be
found in the Cubonicle, V. 19, p. 493; see also p.
526.
A suit on the nuestlon was brought and decree
of sale obtained {V. 21, p. 83; V. 22, p. 104). Taxable valuation, 1875— real estate, $621,410,973; perrailroads, Si8, 436,919; corporarate, IJi mills.
law permitting towns to issne bonds was passed in 18r5, the
Bialn section being as follows:
sonal, J'!3 1,067,147;
tions, J!4.iH5,5'j3;
town
the.
A
tax
"Skct[0!» i.—Bs
bly of
500 Ac.
£100 Ac
£200
£200 Ac
500 Ac.
£100
200 Ac.
£500
it
emctei
State of Iniliana,
the Oenera', AssemTliat any corporated
bii
which shall bave heretofore, by
its Board of Trustees, commenced the
any pul)lic buildings, to be used as a
market house, engine-house or other public pnrin this State
the action of
erection of
potjes, andsh.ill not h'lve the necessary means with
which to complete such building, on the passage of
same by the Board of
Trustees of said incorporated town, issue the bonds
of such town to an amount not exceeding in the
an ordinance antliorizing
tlio
aggregate $10,f;(iO, in denominations of not less than
$Sj nor more than fjOO, and payable at any olace
that may be designated in the uouds; the pnocipal
in not less than one year nor more than ten years
after the date of such bonds, and the interest,
annually or semi-annually, as may be therein provided, to provide the means with which to complete
snch
bttihlings;
pr..videl
that
such bondi
shall not be sold at a price less than ninctyfotir cents
on the dollar, nor bear a g-eater
rate
of
31,069
269,000
528,785
298,435
62,015
3,333,583
225,000
330,000
454,361
£200
3,.">99,024
1,000
1,000
1,000
400,000
900,000
750,000
1,292.280
l.(X)0
J.
J.
.«.
eight
per
6g.
l^-
J.
J.
5
J.
g.
AN
A
,f.
A
A
A
A
Co.
do
May
Baltimore , State Agent.
do
do
do
do
do
do
do
do
J
J.
J.
J.
A
A
A
A
A
A
5 g.
A. A
6 g. J. A
5g. J. A
5 g. J. A
5 g. J. A
5 g. M. A
5g. J. A
6
J. A
6
J. A
M. A
7
6
J. A
J.
J.
J.
J.
J
centum per
1
A
Boston Treasury.
London, Baring Bros.
do
do
do
do
Boston Treasury.
do
do
do
do
do
do
London, Baring Bros.
Bostou Treasury.
Boston Treasury.
do
do
London, McCalmonts.
,
.T
J.
J.
,
.1
O.
J.
J.
J.
,
.1.
,
N,
J.
N. Y.
J.
'88
Jan.'.'ioil
1877-'7ff
March. 1883
Aug. 15, ISSC
June, 1889
Oct., 1808
1800
1890
1865
1880 A 180O
1890
1890
1889
1890
1800
1875 A '93
1885 A '80
April, 1882 to '87
June, 1877
May, 1880
July, 1870
July, 1877 to -78
Julj-,
1883
July, 1883
May, 1894
May, 1894
July, 1889
Oct., 1888 to '90
April, 1890 to '94
April, 1882
July, 1891
Jan. 1. 1895
July, 1891 to '04
July. 1895
April,
1890
July. 1877
Jan. A July, 19«0
July, 1894
July, 1894
May. 1895
1, 1895
Jan.
Am. Exchange Bank,
do
do
do
N.
1907
187»
1899
1909
1897
July 1,1010
April, 1011
,
do
do
do
do
do
do
do
do
do
do
do
do
Loudon, Baring Bros.
do
do
do
do
A
Jan. 1, 180O
March 1.190»
May, 1010
Boston Treasury.
O,
J.
J.
do
do
do
do
do
do
do
do
1,
1,
March
1880
A Co.
London, Barltig Bros.
do
do
do
do
,1.
i>)»w»arrt.— The funding bill passed Tan. 24, 1874,
scaled the debt down to
per cent of the face value.
For coupons la'^king on bonds funded, similar coupons are cut from the new bou'is issued; interest on
consul bonds is paid in New York, but no interest paid on bonds unfunded. These consols, were
admittel to New York Stock Exchanire, May,
The principal bonds not fundable are,
H76.
Jill, 001 of RR. bonds; j;i.''.0(X)scho:d; 1260.000 Miss.
Cr. Nav.;
Mcs. Ouir Canal; fSO.OOO Bocuf
Chat, endorsed; and *2.r,03 (KK)
t:87.">,000 N. O. M.
.Mob.
Texas.
The
same
tax
of
N. O.
14X mills.
In i,'i75 as in 1874 tin 1873 tho rate was aix niiils >
The total assessed value of real estate in 18,5 was
f I.W,.'iOr,073; personal, $40,349,547; of wliich New
Orleans had *93, 403,269 of real and |2B,11.S,8.33 of
personal.
The gi-oss revenue in 1375 was $3.'i^,l&3
and expenses $.1,18.5,70". The $2,.500,000 bonds to
"Texas Railroad have been declared
N. O. Mob.
void by State Supreme Court, but a re-hearing
granted. (V. 20, p. 78, 83, 476, 521, M6; V. 21, p. 15,
63 no, 159, 231, 489, 535, 61o; V. 22, p. 6J.)
&
A
Augusta and Boston.
Boston, Suffolk Bank.
do
de
do
do
Augusta and Boston.
O.
AN.
AN.
/TdftSfM.— Kansas has but a small State debt, but
the issues of municipal bonds have been large. An
extract from the State Auditor's report was given in
The valuation of real and perV. 20, p. 14.
sonal property In 1875 was $121,514,344; tax rate, 6
mills for State purposes and an average of 3.7^ per
Sino for al Ipurposes. State funds hold J759,25U of
the bonds, (V. 2J, p. 14.)
A
do
N. Y., WInslow, L.
J.
.T.
A similar law was passed for counties, which, referring to contracts that have been mad-.' for public
buildini^s, Ac, says that in counties wi cru sucli
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 Centura on the assessed valuation of the pro-ierty of such county, in aldition to any loan for said
purpose for which bonds may have been heretofore
issued, negotiated and s .Id. (V. 2J, p. 209.)
&
do
do
A D.
A N.
A J.
A
A J.
A
annum."
&
Jnlr. 1893
1S72 to leoo
1886
A Co.
Louisiana Nat. Bank.
N. Y.,WlnsIow, L.
S.
1884to'0fl
do
do
do
J
M.
M.
A.
4(i,000
than
C,
1883 to '84
1876 to '90
Ixiulsiana Nat. Bank,
do
N.
J.
l^- A. A O.
l^- A. A O,
104,000
822,000
358,000
1,000
1,000
1,000
1,000
interest
I.
1,500,000
5,000
1,000
£500
A.
J.
5,.598,912
700.000
1,300,000
200,000
400,000
A Co.
do
do
do
do
TTl
Quart'y
50,000
220.000
1,424,000
000,000
888,000
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
1,000
1863
1865
1859
—The
itG y*;ar6, an
will soon be
1
]
1,000
1,000
1,000
1,000
18.53
Salute Marie Canal bonds
1
.500
—
Two Million Loan
War Bounty Bonds
TUlnols.
1,000
C,
1S78
Various
187»-78
N. Y., Winslow, L.
A A
J. AD.
AO.
A J.
A J.
J. A J.
Quart'y
A. A O.
2,5r.l,444
1839
1839
1868
1871
1872
1873
Susiiueh.inna Railroad..
Annapolis <fe Fllkridgc Railroad
Defense Bouuty Loan
Deaf and Uunib Asylum Loan
Mar,vlaud Hospital Loan, 10-15 yesirs
N.
J.
F.
2,023,888
1839
1837
Jan., 1880
Jan., 1880
Jan., 1880
do
do
do
do
do
do
Various
M. A 8
71,000
385,000
307,000
2,330,000
2,827,000
Various.
Jan.,
do
do
do
do
7-30 U. A B. N. O., Louisiana Nat. Bank.
A. A O. N. Y., WInslow. L. A Co.
8
Various N. O., Citizens' Bank of Ia
N. Y., WInslow, L. A Co.
J. A J
A. A O.
Maruland—
Baltimore
Am. Exohaoge Bank,
N. Y., Oonnell, L.
J.
J.
Various
Various
M. AN.
M. A 8.
8
due.
New York.
July.
A
A
A
Priodpal wbea
wliom.
N.T.,
7A
1804 to '06
")
Payable
910,000
1801 to "09 100 Ac.
1801 to '09 100 Ac.
,
IMTEREBT.
Where pavable and by
3,904,738
5,000
louiriana—
..1853
Bonds for relief of State Treasury
Dondsin aid of various railroads
"isoo
of
IHtif*
1.0 vec bonds — Act 'ST)
1807
ActllSof 18(57
do
1870
special— .Vet 32 of 1 870
do
1860
Bonds funding coupons
Navigation
1870
to ISoouf & Crocodile
Co.
do
1809
is.sucd to State Penitentiary
do
of
State
1870
do to fund floating debt
1809
to Mississippi & Mexican Gulf Canal.,
do
1809
do to Nortlieru Ix>ulsiana<& Texas KR. Co.
1857
do school A seminary, held by St. Treas..
1870
do
to N. Orleans, Mobile & Texsis KR
do
1871
do
do
do
1809
N. O. Mob. & Chat. RR. bonds, end. by State.
1874
Consolidated funded bonds
Jfo»««—
tj.^ 1851 to '01
Civil loan bonds
1803
War loan bonds
".i^
1803
> &.2
Bounty loan bonds
1804
do
do
oS
JOft
1808
Municipal war debt assumed
When
Bate.
July, 1878
1878 A '83
do
do
do
May, 1890
July, 1879
Jfaiiw.— The sinking fnnds, Jinnary, 1876, reduce the total debt to a net amount of $5,272,688.
Valuation of total taxables in 1875, $2.'>5.000,00e;
tax rate, 5 mills. Covemor's mesn^ In V. 2-|, p.
62.
itaryland.—Tha assessed valuation of property In
1875 was $427,753,393, on which the rate of taxation
in 1876 is 17)i cents per $100; Income from dividends
on railroad, canal and other stocks owned by the
State was $133,491. The SUte has largely assisted
canals and railroads, and holds $4.787.2.>5 of stocks
and bonds of companies payuig interest promptly,
leaving only $5,916,.5S2 or debt without any offset;
the State also holds $22,&55,1S8 in unproductive securities. On two investments only, tho Comptroller
says that the Stat' has met no loss, viz.. the Balti-
more
& Ohio and the Colambla A Port
Deposit
rail-
roads.
Jf(M»a<Ai««<f*.—.Governor's message on flnanccs,V.
All interest on the funded debc of
p. 62.
is paid in coin.
The credit of
the State stands nigh in London and at home.
During 18:4 the debt was increased $987,400,
The sinking funds in
and In l';7S, $4,500,000.
22,
Massachusetts
January. 1876, were $1 1,725,3C9. The Hoosac tnnnel
has cost tho State over $14,500.00,). Real estate
persinal, Inassessed
1875, $l,311,ftil.3>6;
cluding bank shares. $560,815,162; Ux rate, 1-06
niiiis; deposits in s.ivlngs banks, $237,848,968; corporation property ^abovc rc.il estate and machinery),
$SI.-:!1.3,r>3V.
The loan to U. II. A E. Railroad was
secured by deposit of $3,6,X^,f'0J "Bcnlcll" mortgage
bonds, aftcnvards exchanged for new stock. (V.
20, p. 336, 581; V. »1, p. «r!; V. 22, p. «)
m
.1/tcAi/7an.—Tho debt has been largely diminished
in the last few years.
Assessed fk^iation of real
and personal property, 1^1-72. $> 30,000,000, and lax
rate2t< niilis. Snrplas revenue
chasc of bonds. (V. 20, p. 189.)
is
applied to poi-
STATE SECURITIES.
Subscribers irlU confer a great TaTOr
DE8CKIPTION.
bjr
Date
[Ma/
eItIdz Immediate notice of anjr error discovered In these Tables.
of
Size or
Amount
par
outstanding.
Bonds.
For explanations see notes on first page of tables
Rate.
Value.
When
do
do
do
Loan
do
do
do
1867
1868
1869
1873
1858
coupon
Railroad Bonds (not recognized)
Misstniri
—
1865 to '66
1868
1872
1874
1854 to '58
State bonds
Consolidated bonds
University and Lunatic Asylum bonds
State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to Platte County Railroad
Bonds to Irtm Mountain Railroa<l
Pacific Railroad of Missouri
Southwestern Branch Pacific Railroad
Funding bonds
Renewal bonds, coup., 5-208, (act Mch. 29,
Hannibal Ji St. Joseph Railroad
do
do
renewal
Nerada-—
$1,000
1.000
1,000
1,000
1,000
439,000
6
1,0<K)
2,727,000
401,000
104,000
2,745,000
6
392,000
504,000
6
6
6
6
6
1871
1872
1,000
1,000
160.000
800,000
1,000
1,000
100 &c.
100 &c.
418,000
600,000
2,206,100
500.000
6
J.
J.
100 &c.
100 Ac.
100 &c.
900.000
900,900
593,400
6
6
6
J.
J.
J.
1,000
1,057,000
9,895,500
561,500
800,000
1,537,887
7
7
Territorial bonds
1861
do
do
1884
Municipal war loan
1872
State bonds
1873
Ifew JerseyWar loan bonds, tax free
1861
'
do
do
do
1863
do
taxable
do
1864
Keio YorkBounty loan bonds, coupon
do
registered stock
do
General fund debt Astor stock
1827 to '32
do
do
deficiency loan
do
1848
do
do
do
do
1848
i
—
Under
Art. 7, Sec. 3, of Confunal a«Di,
doht <i
canai
gtuution and Art. 7, Sec. 12.
1875
473.000
1872
1873
1873
1874
880,000
1,562,900
847,500
4,302,600
2,000,000
66,443
«-8
Comptroller's bonds (by Rev. Stat's)
North Carolina
Raib'oad and improvement bonds, old
do
do
do
old
RR. and improv't bonds, new (not special tax)
—
do
500
500
1866
1868
1867
1868
100 &c.
100 <fec.
1,000
1,000
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
18.50
100 &c.
100 &c.
100 &c.
606,884
4,072,640
2,400,000
do
do
do
Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds
Ohio—
Registered loan, payable after 1875
June, 1881...
do
do
do
do
do
Jime, 1886...
do
18R0
1856
Oregon —
Bounty bonds
Willamette Caualaud Lock
Inclined plane loan
1849
1852
1852
1852
1852
($28,000 are reg.)
2,
May 4
do
Registered loan. May 4
Coupon loan of April 19 ($35,000 are reg.)
Stock loan of Feb. 2 (regi.stered)
do
do
do
do
do
do
do
do
do
1867
1867
1867
1867
1867
1867
1872
(registered)
(csupon)
(registered)
(registered)
do
(rcsistcred)
f Agricultural College land scrip.
,
Minnesota.— hW the State bonds are now held by
the permanent school fund. Minnesota is usually
classed among the States which have avoided their
obligation.?, in consequence of her refu.sal to recognize the "State Railroad bonds" of 1858 to the
amount of $3,275,000. There seems to be a growing
feeling in the State that those bonds should be
acknowledged. See Governor's Message, V. 22, p.
«.3.
Property valuation, 1875, ?319,855,743. of which
545,163,407 was personal; tai, 21-10 mills. (V. 19,
p. 493.)
V.
21, p.2T7;
V.
2S, p. 83.)
NevaiJa.—The debt of Nevada
is
hardly more than
nominal.
Neto na^tipshirt.-'V'hii debt of New Hampshire
was created for war purposes, and is bping rapidly
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be us'-'d in reducing
their several war debts, which the State thus as-
sumed.
—
New J&rsty, The debt was created for war purposes. Of the first two classes of bonds the principal is payable $100,000 per year. Valuation of real
1875 8613.701,094, against
and personal property
$619,097,903 ; State tax, Zyi mills.
m
,
New Fort.—There is also $8,8,000 contingent debt
to Long Island Railroad, and $7,361 jper ttiuum for
9I2&IO
91a
6
6
6
,50
50
50
50
50
50
&c.
&e.
&c.
&c.
Ac.
&c.
J.
M.
& 6 g.
6g.
6g.
gȤȥ
%«
6 g.
J.
J.
J.
A.
5&6g.
400,000
395,000
87,000
2,812,000
455,500
273,000
88,350
7,521,5,50
7,369,000
90,400
9,251,850
723,950
500,000
& J.
& S.
& J.
& J.
& J
& J.
& J.
&
&
&
&
&
A J.
A J,
A J.
A J.
A J
A O.
1S65,
and from
Year.
J.
.T.
A.
O.
J.
J.
1870... ..
1871... .
1873... ..
1873 .. .
1874... ..
1875... ..
1576...
.
1,533.730,907
1.599,930,16(1
Personal.
$307,349,155
3)2,552 314
431,280,278
453.617,733
1,644,379,410
147,343,0.35
1,«92,.533,071
1.7.50,698,918
437,102,315
1,960,3:2,703
407,427,399
418,603,9.55
State tax.
^H
4 53-80
7 41-156
5 79-120
^",
6 95-100
7!i
6
3 11-24
For the present fiscal year, 1375-*, the tax rate
of 3 11-24 mills reduces the rate of 1875 nearly one.
half; this is part'y owin^ to the considerable
reduction in the Bounty debt, and the increase
of sinking fund resources.
It appears that the
value of real .'estate by local assessors in 1874 was
$1,750,698,918, while the full value, as estimated by
the State assessors, Is $4,168,330,757. The Comptroller says the actual value should be adopted as
the basis of taxation. The total amount raised by
tax, State and local, in 1375, was $.56,926,470, or 34
mills cm the $1 of assessed valuation. In 1874, the
local debts of dtles in New York State were $137,539,6 9; of coiftitles, $46,685,264, and towns, $25,140,131.
(V. 19, p. 350; V. 20, p. 28, 60, 615; V. 2J,
p.
63,
1877
1878
1879
1883 to 1903
•03
Dec, 1887j
do
do
do
Bank
N. Y.,
I
Paul, Treasury,
do
do
do
of
do
do
do
do
do
do
do
do
do
do
do
Commeree,
do
do
do
do
do
do
do
do
do
do
do
N, Y., B'k N. America,
do
do
Concord or Boston,
do
do
do
do
do
do
471.)
North Coro/jna.— North Carolina
is
heavily
burdened with debt, is proportion to her taxable property. A lengthy extract from the Treasurer's report was given in V. 20, p. 84.
Total
property was assessed in 1872 at $128,.507,638, a
low valuation. Interest Is paid on bonds issued
to North Carolina Railroad ($2,800,000), as the
State holds $3,000,300 stock and receives dividends thereon. Other interest in default. A funding bill passed the Legislature March, 1875, (See
July, 1894,
91^1
1895
1875 to
41
July, 1875 to '78
At
N. Y., Manhattan Bank.
At
N. Y., Manhattan Bank,
July
Oct.
York.
'!
Jan., If
Oct., 1898
Indeflniti
Oct., ]89(
1898 to'
York.
do
American Exch. B'k
do
do
do
do
Jan., 187d
July, 188|
Jan., 188^
State Treasury.
1884
1880
J.
Farm. A Mech. B'k.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Harriaburg Treasury.
O. Phlla.,
Chronicle, V.
.29,
1891
189
ISGSto'
1868 to
1868 to '9|
1868 to'!
Raleigh, Treasury.
J
1,
1,
On deman
J.
J.
18
Oct.,
July, 188'!*
Jan. 1, 1883
O.
N. Y.,
J
will.
Dec, 187
do
do
do
do
do
New
will.
July, 187
Albany.
J.
1877
187J
April,
April,
do
New
to '80
Jan., 1877 to '84
Jan., 1886 to '96
Jan., '97 to 1902
Albany.
do
do
do
do
do
1884
Jan., '92 to 1905
1879 to '80
N. Y. Manhattan Bank.
O.
J.
J.
J.
i76to''^MI
1876
to
1877 to '89
1889 to '90
1876 to '89
1876 to '87
1876
.Sept.,
Trenton and Jersey City,
do
do
do
do
O.
O.
is^H
181
1881 and '82
March, 1887
State Treasury,
do
^1
^m\
1883
131)3
1S88
1888
July,
tiy.
do
do
do
do
do
do
6
!870 to 1871
Real Estate.
18.59... .. $l,n97,.584,534
18S5... .. l,1.58..33-,37l
St.
Albany.
A
A
&
A. A
J.
A
6
A. A
6
J. A
6
A. A
6
A. A
6
I. A
6
J. A
6
r. A
6
J. A
7
I. A
7
A. A
if: J. A
4 lag. J. &
« F. A
f
F. A
F. A
I'- F. A
F. &
6
F. A
6
F. A
5
F.
6
F. A
5
6
6
6
6
Wliom.
Various
M. & 8.
5g.
6g.
5
& J
& J
& J,
& J
& D
&
&
&
&
&
&
&
&
&
&
&
&
&
&
Indian annuities. An abstract of the Governor's
Message was given in V. 22, p. 61, showing a net
reduction of $J,744,503 in the debt for year ending
Sept. .30, 187-5. The following were valuations and
tax rate for State purposes in the years 1859 and
.
—
Mifsouri. Valuation of real and jiersonal property
in 1375 was $M9,503,471. upon which the tax is 4)4
Railroad property was assessed at #54,849mills.
312, as returned to^'ounty Courts; but at only
Sl»,861,141, as retMed to the State Auditor in
1875.
The State had $1 428,000 bonds maturins
in 1875, and $3,807,009 in 1876.
To provide tor
these, a law of 1875 authorizes the sale of new bonds.
The Hannibal & St. Joseph Railroad provides for its
own debt. Bonds falling due are paid in currency,
pursuant to a resolution of the Legislature, although
some of these bonds are payaide by the'r terms in
"gold or silver." (V. 20, p. 83. Itil, 290, 313, 3.36,
383. 477;
1,000
1,000
1,000
1.000
1,000
18.53
.
6
6
6
6
20,500
200,000
1870
—
Coupon loan, April
do
do
Ac.
&o,
1,000
1,000
Funding bonds, since war
Pctinfn/lvania
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
6
6
6
2,161,000
3,735,000
1,455,000
1,900,000
5,455,000
2,715,000
285,000
State bonds
do
2,275,000
1,000
1859 to '60
1854 to '59
1853 to '59
1857 to '66
1874
1875
1853 to '57
1874
New Hampshire—
War loan, coupon bonds
do
J.
J.
J.
J.
J.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
18.57 to '59
'7c
$100,000
100,000
50,000
250,000
INTEREST.
Where Payable and by
Payable
Minnesoia—
State Building
I
27, 187
p. 3.36.)
In
April, 187
July, 1881
July, IS"
Aug., 187
Aug., 187
Aug., 187t
Feb., la
Feb., 1877 to
Fell.,
1877 to
'82
Feb., 1877-1882
Feb., 1882-189'i!
Feb., 1882-1892
New
York, bonds
are classified thus: "Old," being those issued prior
to May 1, 1361, coupons on from Jan. '69; "N. C. K.
R," issue of $2,800,000 to that road, coups, on since
Jan. & April, '69; *-ame "coup, off" have had 7
coups, paid; "funding act '66 cirry coups. Jan.,
'69;
'68
''funding act"
carry coupons April,
'69. " New "—authorized before war, except $1,.590,000 in 1868; "Special tax, 1st," carry coup. April,
'69; "3d" coup, of Oct. '69; "3d" coup. April, 18?0.
0*^ 18, p. 166, 639; V. SO, p. S4, 161, 383; V. 21, p. 570.)
OAio.- Ohio has a very small State debt, but
large local debts, amounting in 1375 to $25,957,588.
Valuations in 1874 were Real estate in cities, &c,,
$.306,031,731; other, $696,883,333; personalty, $.533.660,318.
Tax rate in 1875, 3 2-10 mills for State, and
an avenge of 2.i 9-10 mills for local purposes. Of
the 1875 loan above, $368,230 was paid Jan. 1, 1876,
and the balance .^pril 1. Report on State aud local
debts, V. 32, p. 64.
:
Oeg'Ott.-The debt is provided for by sinking
funds, payable from land sales.
Taxable property
1875 was assessed at $41,197,149;
mill tax
was laid for Relief bonds and I mill for Bounty
in
%
bonds.
Perensy^oani:!.—Tstui debt Nov. .30, $23,2;)3,137;
available assets. $9,466,573; net debt, $13,766,564.
The financial system is remarkable in Pennsylvania,
in the fact that no tax Is laid for State purposes on
real estate.
Revenue is Raised from numerous
sources, principally from corporations. Taxes are
levied on personal property, which was assessed at
$159,383,343, and the tax yas $574,817 in 1675. State
expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds $1,751,321 in stocks and $10,5M,.321
rf railroad bonds. Interest is paid in gold on all tie
State debt Issued prior to 1867. Any coupon bonds
may be changed to registered. The bonds due in
1877 are pavahle at any time till 18S3; those of 188J
tlU 1893. (V. 21, p. 1*; Y. 22, p. 64.)
May
STATE SECURITlEa
27, 1876.]
Subserlbera will eonftr a cr«at lavor by (Irloc
DESCRIPTION.
lmia«4UM
n«tlc« of aor error 4laeov«r«4 In these Tables.
Date of
Size or
Amonnt
bonds.
par
outetaudlDg.
For explanations see notes on flrat page of tables.
TU
INTERK8T.
Wbere parable and by
Payable
wnom.
When
Rate.
value.
Priaelpal— wbeo
due.
Hhnrie Inland—
1862
1803
1863
1864
War bond
do
do
do
South Carolina—
1704
1836 to '61
18S3to'54
1866
1894
1868
1868
1868
1869
1869 to '70
1838
= 1838
1869
1873
1873
Htalc Btoek
Btutc House stock
bonds
Fiindlni? boiidH and stock
Blue Kldge Kailroad bonds
Funding bills receivable
ray nient of uterest
Funding bank bills
Conversion bonds and stock
I^ud foniuilKsUm bonds
do
1
Fire loan bondK, sterling
stoi'k, domestic
do
Bonds— Relief State Treasury.
Consolidated bonds, coup. (Fuudlnig act)
stock (Funding act)
do
Railroad endorsements
Ttnnettee—
New funding bonds, act of 1873
1874
Bonds registerpd, iiet of 1873
Fundable bonds and coup, not yet presented.
Bonds, registorahle, not presented
Held by E.T. University (not to be funded).
Various.
Various.
Various.
$1,000
1,000
1,000
1,000
$1,019,000
209,000
608,000
746,000
Variotu
Various
1,000
23,684
920,346
240,000
401,700
680,000
177,000
261,000
870,500
048,300
22,000
481,944
218,423
10,000
3,670,000
149,294
4,797,608
OO.Ac
1,000
1,000
1,000
500,^.
500,&c.
500,^0.
Various
Various
1,000
1,000
Various
1,000
.
FuiMling State debt
1866 A '71
Funding Statii warrants, act May 2, 1874
1874
Frontier defeuse, gold, act Augiist 5, 1870
1870
Revenue detlcieney bonds, act May 19, 1 871
1871
act Dec. a, 1871..
do
do
1872
Bonds, act Mar., 1874 (forpaying float'gdcbt)
1874
1874
Veteran Pension bonds, act Aug.,'70 & Apl.,'74
1,000
1,000
1,000
1,000
1,000
.
6,222,000
16,289,000
1,056,000
1,074,000
396,000
6
6
6
6
1,000.000
1,070,397
500,Ac.
500,&c.
144,000
168,000
do
do
1872
1871
1871
do
reg..
Deferred cert ifleates \V. Va.)
Interest on Htrrling debt, funded (Act 1871)
Arrears of interest unpaid Sept. 30, 1875
(
.
nhode Mand.—The debt was all created for war
Tlie
purposes and is being steadily diminished.
valuation of real and personal property in 1873 was
on
rate
'H)
ceuts
$100.
and
tax
$*47,7a8,5J0,
So. CorrJ^ino.— The
Governor'smessagc on finances
The funding law approved Dec.
In V. 21, p. 5:^5.
•a, 1873, provided for scaling down the old debt by
giving new bonds to the exteiit of 50 per cent, and
declared void the conversion bonds to the amount
Tiie January and July interest was
paid ou consolidated bonds, but a loss to the State
of about $100,000 cash by failure of a trust company caused a suspension of payments afterwards.
Total valuation of all properly— in 1875, real estate,
#88,17;,218; personal, |46,T91.0C«; raU of taxation
of |6.!I65,«)0.
in 1871, 14. mills.
V.
(V. iO, p. 81, S41, S9!, 358, 517;
ai, p. 489, lilt.)
—
On
Tenruttet.
of interest
ment
due January
loan of
1875.
1,
$300.00
',
the
first
July,
18T4,
the pay-
was resumed, and the interest
M~&, was paid by help of a
but
default
The Governor's Utter
aerain
in
made
July,
De-iember, 1815,
discourascd the expectiition of
8u;^gestea "scaling."
for
1873, provided
The
funding all outstanding, legally issued bjnds. dne
July
as
well
July
anl
I,
HS4,
as
between
1, 1674,
all p!i8t-dae coupons, and coupons maturing on
10-40
year
per
in
a
6
cent
before
Jan.
I,
1871,
or
bond. The total debt given above is, substantially,
according to the last report of the Comptroller,
.January, 1875. The Comptroller estimated debt of
solvent railroads at *3,*^S.8't6; due fiom purchasers
of nil roads the. sold. $n2.020; value of Knoxville
& Charleston road, J;100,000. The State's endorse-
ou the
finance.*,
payments ^om, aiid
law passed iu March,
furtlier
is
500«tc
)
Varl's
5
£100<te
100,&c.
100,&e.
lOO.&c.
lOO.&c.
Various
Various
taken care of by the roads.
J.
J.
A
A
J.
J.
N. Y., Fourth Nat.
6
J.
A
J.
N. T., Fourth Nat. Bank.
6
Various N. Y.,
Bank
J.
do
do
do
do
do
6
6
5&
6
5, 514,
J.
J.
J.
J.
.
do
J.
do
A
New
do
A J.
A 8.
A B.
J. A J.
l«J.
A J.
7 g.
10
J. A J.
6
J. A D.
6
J. A D.
J. A
J. A
J. A
I
6
J. A
6
J. A
6
J
6
J. A J.
J. A J
6
J. A J.
7B. M.
10
da
do
Bank
do
6
5
10
du
do
Columbia and
I>ondon.
I"-
M.
Total valuation of
New
New
iding bonds. (V
Series," the new funding
18, p! 143, 217. 350. 497: V. 19. p. 167:_ V; *<> P1.I*. 81,
IBl, 282, 491 ; V. 21, p. 87, 813, 814; V. 22, p. 472.J
Texas.— The ?tate Comptroller, in February,
roported total funded (lebt $1,219,767; flaating
debt, $513,*37, and bonds of douotful validity
remaining in hands of State Treasure-, $8)2,210.
The valuation of taxable property iu 1875 was
Tax rale,
$2."jO,S^3,7j9, against $24;,841.860 in l!<74.
From the Comptroller's report we have the
.50.
following statistics for 1875:
1S7(i,
Total value of taxable property assessed. J2:0 8'W,~.'8
1.254351
Statetax
PoUtax
At pleaaure.
lM77to'86
A
A
A
J.
J.
J.
ItS.SM
1,959,1^4
Mile^ of Rlt. in the State ass'd for taxes
1,487
$16,605,12i
Value cf railroads
No. of Hores of laud a-=6essed In the State B«, 637 920
41.6ti6,937
Value of lots assessed in the State
(V. 19, p. 15, U7, 142; V. 20, p. 64; V. 22, p. 28 1 .)
.
F«r»i«n^— This Slate has a very smnll debt— all
created for war purposes. Of the registered bonds
The
$i;W,500 are held for Agricnlturnl College.
sinking fund, Aug. 1., 1874, was $37,932.
1
ments for railroads are $1 ,80i,000, of which $1 ,560,000
Columbia, State Treaaory.
March, 1883
April, 1893
July, 1893
Au«., 18B4
J.
J.
J.
I.
A.
County taxes
A T. Co,
do
do
do
<'oluiiiblu.
J. Columbia
Fis. Agcn. N.Y
J.
York or Columbia.
J.
do
do
r.
Or.
^
H.
I.
do
do
do
1H71 to '80
New York. July 1,1887 to '07
Columbia, TreaAury.
July 1, 1875 to -79
O. Columbia aud Mew York.
July 1, 1888
O.
July 1, IHKH
do
do
J.
July 1, 1889
do
do
J.
do
do
July 1,1882
r.
K-
real estate, $281,000,000, and railroad property,
The rate of taxation is 40 cents oi; the
$51 ,000.000.
York as "old,"
$100. 'Tennossco bonds, sold in
are those Issued before 1^62, and having coupons
of July, 1 (W; Old "ex coupon, " have only the
coupon of July, 187.5; " New," Issued since 186J car187?
rying coupon of July, 1869, " ex coupon" July, 1875,
only; "
Providence, R.
A
A
A
A
A
A
A
A
A
f
•7,092,399
2,831,250
19,030.000
1,207,000
1,504,075
1,166,093
15,239,370
212,833
1,199,864
A B.
A O.
A J.
A A.
Q.-J.
r.
[.
Xtrmont—
1862
Wai- loan bonds, coupon
registered
1802
do
'Virginia—
1851 to '06
Old bonds, coupon
1851 to '66
registered
do
1851
sterling, not required to be funded
do
1871
Conaol. (Act Mar. '71) coup, tax receivable
1871
do
reg., conv. into coup...
do
1872
do
(Act 1872) coup., not receivable
P.
l«-
200,000
499,000
697,000
279,000
500,000
100
M.
A.
J.
New
York,
do
do
do
do
do
do
doj
1, 1860
1, 1868
1888
July 1, 1893
July 1, 1803
July 1, 1014
1875 to 1900
1900
1875 to 1900
Variotu.
1877 and 1891
Jan., 1884
1910
Sept. 1. 1876
1802
Maroh 1, 1904
1804
Boston, N. B. Mut. Red'n.
Montpeller, Treasury.
1875 to '78
1875 to '90
New York.
Riclimond, Treasury.
1886 to '95
At pleasure
London, Baring B. A Co.
Richmond, Trcaeury.
do
1886
1905
1905
do
do
London, Baring B.
A C.l.
OoDtlngent
1905
that coupons of the fnnded bonds shoald b« receivable for State taxc3. For i-3 of Ibe old bonds a
new bond was issned, and fcr the other
a deferred
certificate given (as the proportion aae by West
Virginia). The act of 1872 amended that of 1871 by
not allowing coupons to be received for taxes. All
K
the amounts marked (*)
may
be funded uuder the
act of 18T2. The slnklngfund holds $2,446,All Interest
98i of State bonds and ccrtiflcstcs.
over-dne and unpaid to Sept. 80, 1875, (on (he basis
of 4 per cent.) was $1,199,864. A part of the interest due July, 1874. has been paid since Jan I, 1876.
Assessed value of propcrtv Is $329,424,152: tax rate,
5 mills. The circular of Mesors. Branch
Co.,
bankers, April, 1876, said: "The Legislature haa
adjourned, and no law in any way affecting the
bonds of the State has been passed, if we except a
clause in the tax bill subjecting the coupons cnt
from bonds held by a non. resident of the State to
the same tax as hr.s heretofore been deducted from
coupons held by residents. This tax amonuts to
$1 70 on each coupon of $80. or five and two flftha
per cent -the coupons being received at 94-t*0per
cent of their par value in payment of taxes, 'rho
State Is still in debt for money borrowed to meet
temporary deficiencies in the revenue; and the payments to the sinking fand have been suspenden, as
also the payments of Interest of Jnly. 1874. on tho
nituKjonsoiidnted debt. The tax bill includes somo
additional subjects of taxation, which will mttkc a
small increase In the revenue, out it Is now certain
that no ca^k payments will be made during tho
present year on account of interest, except that the
small balance due on Julv, 1^74, Interest jnay be
paid." Auditor's report, V. 21, p. 604. (V. 19, p.
295 509, 526, 5S2; V. 20, p. 14, 806, 8S6, JJTS, 64<-.
amended
A
V.
yirginia.—The Funding act of 1871 provided
of
July
July
21, p. 527, 604.)
CITY SECURITIES.
viii
ImmedUie
Subscribers wUIcoufer a great favor b^ xItIus
DESCRIPTION.
For oxplanntious seo notes ou
Albany,
tlrst
Date of
Size or
Amount
Bonds.
par
outstanding.
& Northern
1854
Railroad loan
men
1860
1870
PureliaNc Congress Hall Block
City iniprovciuent
AHf/usta, Ga.
Various.
for various purposes
City bonds, tax free
1876
—
JBaUimore
Consolidated loan of 1890
Various.
Water loan
1854
1863
1865
1860
1863
1853
1853
186S
1870
1874
1864
Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore & Ohio RR.
One million loan to Pittsburgh & Cincin'ti RR
New City HaU
do
do
Consolidated loan
Court house loan
Funding loan
do
Western Maryland Railroad
Jones' Falls
Valley Railroad
Patterson Park extension
Endorsements for York & Cumberland RR..
do
do Western Maryland RK
do Union Railroad
do
Bangor, Me.—
City debt proper
Municipal loan
Water loan bonds, coup. (Act Feb. 22, 1875)
European & North American Railroad
Bangor & Piscataquis Railroad
Boston —
1870
1874
1872
1872
1873
1872
250 Ac.
500 &c,
2,000,000
100,000
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
7,300,516
5,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1 ,000,000
1,000,000
1,000,000
&c.
Ac.
&c.
&c.
&e.
&c.
&c.
&o.
&c.
Ac.
Ac.
&c.
Ac.
Ac.
Ac.
Ac.
Ac.
do
1869
1,000
1,000
<tc
do
"
.
:
<
Albany.—T\iere are sinkinp; funds for municipal
lionds and for water stock. The loan to Albany &
Susquehanna is secured by let raort. The equalized
valuation of property in IS'A by State Board was:
Real estate,
$54,6.3>>,314.
$l,S,7!l9.14t);
personal, $5,837,088; total,
Estimated true value of real
estate,
$102,764,770.
Augusta.— Ot
this debt, tCOO.OOO
and balance
water works, &c.
for
railroads,
was
canal
is.suod for
enlargement,
—
Baltijtwre. The fiscal year of Baltimore ends
with Oct. 31. The city credit has been loaned exexchange for their securitensively to railroads,
m
nominul amount. The
& Ohio R:iilroad $.5,900,(100
loan is $l,74t>,073; West Miiryl^d K.iihoad sinking
fund, $lit),is.5; and the total of the several o:hor
sinking fimds, $(!. i5r,8Sl. The Bait. ,fe Ohio RR.
Eays interest on $5,000,00i) loan; Water loan is paid
y income of water works, and Public Park by City
Passenger Railway, and out of a total debt of
$22,!)43,4?5 only $l'6,154,:9J is dependent on -the tax
The assessed value of property in 1870 is
levy.
$231,503,1-39; tax rate, 187fi, $1 80 on thetlOOforcity
purposes, and .17^ for State. Population lu 1870
which it hold? to a
sinking fund for I)aU.
ties,
was
lar^e
was
$5.58,769,.500,
Appropriations
Income
—
6
6
6
do
do
do
do
Balto., Farm.
6
6
6
6
5
5
6
6
6
6
6
6
6
6
6
July
1884
1,
1902
1885
7,
Feb. 1, 1894
Jan. 1,1902
April 9, 1900
do
Office.
1886
1892
Oct. 31,
March
do
8,
North. Central RR.
Jan 1. 1877
Balto., N. Mechanics' Bank. Jan. 1, '90 A 1900
Baltimore, Franklin Bank.
Jau. 1, 1893
•
Boston, Merchants' N. B'k.
Boston or Bangor.
Boston, Merch'ts' Nat. B'k.
do
do
do
do
Ix)ndon, Baring Brothers.
Boston.
g-
5g-
5,5i«, 6
5>a. 7
5,6,7
do
London, Baring Brothers.
do
Boston.
do
do
do
do
do
SAO
6, 6^,
6, 61a,
7
7
5g.
6
6
g.
do
do
do
London, Baring Brothers.
Boston.
6
6
6
6
6
do
do
do
do
do
do
6
5g.
1876-7.
$11.331, :i87
$9,721,016
$8,(^3,3.32
2.93",9()0
Placing the tax to be paid to the Sta+c at the same
as last year, the estimated tax warrants exhibit the
following result;
1S70
WiS.
City and County
$8,64.3,2.32 00
$9,721,016 00
802,120 00
802,120 tO
State,
$9,415,352 00
with a single except
1,
1,
1,
1905
1894
1899
July, 1878
1874 to '87
1875 to '95
April, 1893
July, 1899
1874 to '85
1875 to '82
1870 to '93
1875 to '94
1875 to '83
1875 to '92
Oct.,
1878
1976
to '99
1901
1902
1880 to '99
1901 tel905
Jan., 1901
April,
Oct.,
'
j
M_
«
A April, 1905
1902 to 1904
1901 to 1904
Oct., 1905
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1875-6.
.$13,302,305
..
2,861,425
July
Jan.
Brooklyn,
and personal, $234,998,400; upon
1876 to '92
Jan. 1,1894]
Jan.
April
5g-
138,000
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
last forty years,
I
Bivlto.,
Per centage.
During the
i
Jan. 1, 1895.
Jan. 1,1890
Jan. 1, 1886
March
4l9g
5
1890J
pleasure,
Sept. 1, 1893
Sept. 1,1893
Sept. 1,1890
Baltimore,Rcgi8ter'8 Oflflce,
Balto., N. Mechanics' Bank.
7
6
5
4,997,(!03
1,
At
At will.
July 1, 1900
6
583,205
4.446,300
17,617,925
July
Balto., N. Mechanics' Bank.
Balto., Farm. A Plan. Bank,
do
1
April 15, 1900
do
do
do
BaUimore,Rcgister's
6
6A
A Plan. Bank,
do
6
6
187,000
100,000
300,000
1,000,000
814,000
Bank
Bank
do
do
do
do
do
do
do
18'76
1,
1876 to '8&
1900
Balto., N. Mechanics' Bank,
Balto., Farm. A Plan. Bank,
6
6
6
200,000
$10,523,136 00
July
Balto., Farm. A Plan.
Balto., N. Mechanics'
6
tea
1895'97
Augusta,
do
Boston.— Thii population of Boston
In 1870 was
202,497, against 177,810 in 18(i0. Valuation of real
property in 1875, including the recent aauoxations.
Feb., 1876
Boston.
.
500,000
801,646
137,414
800,000
2,000,000
1,000,000
473,900
3,585,380
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
do
do
do
do
J
which the rate of taxation is *13 70 per $1,000— $12 66
of this for city and $1 01 for State pnrposes,
against a totixl of $i5 60 per $1,C00 in 187-1. The
total debt, bo: h funded and unfunded, at the chise of
the last fiscal ye.ir, April 80, 1875, was $43,512,61 1, and
the sinking funds, bonds, mortgages, Ac., $16 218,402.
The sinking fund provisions are sufheient to meet
the debt as it matures. In March, 2816, Mr. Turner,
city auditor, gave his estimates for the revenue required for the coming financial year 187077. commencing May 1, 1876. This estimate is based on an
assumption of meeting the actual wants of the
municipality and ayoiding the borrowing cf money
for other than the waterVorks. ai;d extensive and
costly improvements; the tax per each $1,000 will
be reduced from $11 70 last year to $1:? 45 per $i,0C0
this year. The follo^vmg is a comparison of the appropriations asked for and Income to be received,
compared with the estimates for iWS-e:
267,354, against 212,4:8 in 1800.
Bangor, Me. The v.iluation of real and personal
property is $11,052,211; rate of taxation, 2.50 per
cent. The loans to European & North American
Railroad and to Bangor & Piscataquis Railroad are
eaeurecl hy first mortgages ou those roads.
i
Principal—Wh
Due.
New York.
Mar, 1879
do
Juno, 1 880 to '84Boston, Merchants' Bank. Feb., 1885 to '1)4
New York.
March, '95 to 1900
do
Nov., 1910, 11,'12
do
March, 1876 to '91
J
1,375,000
117,000
18G!)
J
1
.500,000
1858 to '72 100 Ac.
1874
1,000
1875
500 Ac,
]
1
1,015,300
100 Ac.
£100 Ac
1853
1852 to '64 1,000
do
1864 to '75 1,000
Burnt district, sterling loan
1873
£100Ac
Consolidated street improvem't, sterling loan.
1869
£100Ac
Roxbury debt, assumed
1860 to '64 1.000
Dorchester debt, assumed
1861 to '69 Various.
Charlestown debt, assumed
1857 to '73 500 Ac.
M};stic water debt, assumed
1862 to '73 1,000
Brighton debt, a.S3umed
1866 to '73 Various.
West Roxburj- debt, assumed
Various.
Water loan, new main. Brookline Reservoir.
1858
1,000
i\»
Chestnut Hill reservoir
1865 to '71
1,000
renewal of loan due '70-71, all reg.
do
1871
'72-73
do
do
£100 Ac
1872
Water works, Roxbury, coupon
1868 to '70 1,000
Roxbury & Dorchester
do
1871 to '75 1,000
Dorchester, all registered
do
1871
do
W. Roxbury & Brighton, all reg
1875
Additional supply water
1872 to '73 1,000
Various pnrposes, for water works
1871 to '74 1.000
Water loun bonds, gold, coui)OU or reg
1875
1,000
Brooklyn —
Debt of WiUiamsburgh, local improvement 1859 to '61 1,000
Brooklyn local Improvement loan
1861
1,000
Mount Prospect Square loan
1857
1,000
Soldiers' aid fund loau
1865
1,000
National Guard and Volunteer Firemen's loan
1864
1,000
Third street improvement loan, local
1867
1,000
Gowauus canal lmi>roveiuent loan, local...
1866
1,000
Bushwick avenue
do
do
do
1865
1,000
do
do
South Seventh street do
1866
1,000
do
do
Union street
do
1867
1,000
do
do
Fourth avenue
do
1862
1,000
do
do
do
do
1867
1,000
do
do
Wallabout Bay
1867
1,000
do
do
Bedford avenue
local.
1867
1,000
do
Kent avenue basin do
186S)
1,000
New York Bridge loau, registered and coupon
1870
1,000
Prospect Park ioan, registered and coui)on
1860 to '73 1,000
do
do
1860 to '72 1,000
Renewal city debt, sterling
For city pniroses, war debt.
J.
F.
1,000,000
103,000
—
Bonds
Al
A
A
M. A
M. A
M. A
M. A
P. A
P. A
M. A]
J. A
M.
$246,000
46,000
151,000
348.000
529,000
242,000
118,000
500,000
400,000
$1,000
1,000
1,000
1,000
1,000
1870,1,2.4
Washington Park
1871
1,0«0
City iniprovcnieut
1874
1,000
New Post Ofllce site
1851 & '52 1,000
W ater stock
1874
1,000
Additional snpply
18G5
1,000
Bonds loaned to Albany & Susquehanna RK
1841
Albany & W. Stockbridge RK.
do
Kolinf of drafted
do
do
INTEREST.
Where Payable and by
Whom.
Rate.
¥.—
A^.
Alliaiiy
27, 1876.
notice of auj- error dXncovered lu tbe»e Tables,
Value.
page of tables
[May
Is
o
<
1879 to '81
1891
1887
1885 to '94
1880 to '81
1831
1870 to '90
1876 to '90
1876 to '90
1877 to '86
1876 to '95
1876 to '95
1870 to '90
1877
1879
1901 to '24
191 5 to '24
1915 to '24
tion, the taxable valuation has sTiown an annual
increase. Mayor Cobb's message, January, 1876,
gives a net decrease of debt in 1875, amounting to
$305,679.
(.V. 22, p. 61.)
Sroo.Wyra
—The
Mayor's message
made
statement of debt
dated January 1,
is
Permanent loans...
$26,063,000
3,462,726
Sinking funds
Balance
Loans chargeable on specified property
Tax
from the
which
18'.6,
the whole'city debt as follows:
certificates
Total
,
.
$22,600,263
0,052, (CO
2,879,000
]
$85,a31 ,263
—The Mayor, in
his message, ,January, 1876, stated
that, the debt chargeable on taxation decreased
in 1875 ^5,2;p, against nn increase of $512,08:1 In
1874, $2,426,516 in 1873, $1,591,411 In 1872. and
$:3,590,5S1 in 1S71. Population in 1870, 396,200, agaim-t
266,661 in 1860.
Valuation of property in King's
County in 1875, by the State Board of Equalization,
$2J0,5i7,586 for real estate, and personal, $19,606, 135;
thev estimated the true value of real estate in
The Board of Supervisors
1874 as $426,393,740.
value the total taxable property of liiooUlyn
in 1315 at $22.5,1''6,755. or about 65 per cent of true
value. The debt of Kings County, separate from
the debt of Brooklyn, is $3,9S6,Oi'0. of wh'eh the
city is responsible for about $3,7.39.200. Average
tax rate in lfc7.5, $3 41 per $100, against $3 52 in
1874. and $3 46
1873. (V. 19, p. 142, 6i«; V. 20, p.
520.)
,„
,
m
^^^
M^y
CITY SEOUBITIEa
27, 1876.]
iz
Subscribers will coufer a sreat tavor bf glvlait Immediate notlee of anr error dtocoTcred la
DESCRIPTION.
Date or
Size or
bonds.
par
For explanations Rce notes ou Hrst page of tnbles
Brooklyn— ( Continued)—
DcllelcHcy bonds
Fonnaucut water loan
do
do
value.
1872
IS.")?
to '72
1872 to '75
HcwtTjigo bonds. contiiHioiiH, loeal
AMHi',.s.suu'nt fund boiuU, cduthmotis local
Knickerbocker avenue bonds
do
do
Boulevard bonds
1870
1872
1873
CiMitrul aiMl
Hiiiitli
lirooklyu
Ti'ni|)orary tax ecrtitlcutcs
Hiillul'j
various puiiioscs
& Jamestown Railroad
New York & PhlladclpUla Railroad.
..
Water works bonds
I'iirk bonds (Act May 17, 1875)
C—
ClMrlesUni, S.
City stock
City bonds, ooui)OD
Kire loan bonds, coupon
Conversion bonds, to redeem past
(
$1,000
1,000
1,000
1,000
$310,000
7
»,416,(KXt
1,31(0,000
6
7
7
1,000
1,000
4,435,.500
1,695,500
1,000
1,000
1,000
1,000
1,000
due debt.
do
sewerage bonds
do
1,000
1,000
500 Ac,
River improvement bonds
1,000
Municipal bond.s
1,000
Municipal and School bouds
500 &c.
South Park loan (secured ou SoutH. l)lv.)
We-st Chicago Park (sevurodon West. DIv.)... 1870 to '72
I'obo
Cook County debt
1863 to '72 500 &c.
ISSltolOOS
do
do
do
do
do
do
do
6
e
Q.-J.
Various
297,700
281,500
7
J.
910,000
3,660,000
87,000
6
7
6
7
7
6
7
51..50O
500,..tfl.
and by
whom.
Brooklyn,
Various
Vurlous
Various
Various
.
Principal— wbea
payulile
3 year* from date.
yean
3
M.ic
New
York.
1876tolS0»
and New York,
180S
IH03
187H to I9'2a
Prior to 1930
Buffalo and
I8»:< to
1881 to
Buffalo.
Buffalo
do
do
do
do
a.
1875 to "OS
1883 to '84
1890
Charleston.
do
New York aty.
&. J.
(rota dat«.
I8M0
187S
1675
187e-7
7
750,000
2,770,3S2
100,000
1853 to '54
186U
I
J
&.
7
7
7
7
6
2,209,250
1.000,000
4,119,093
'hiMtgo—
Water loan
Wbere
payable
7
7
7
7
618,000
103,000
842,000
2,370,000
1,000
1853 to '75
1873 to '75
1871 to '73
1868 to '76
1870
When
Rate.
I
1872 to '73
lUiffuhi. N. v.—
I'liniU'd debt bonds,
Hiillaio
Aiiioaut
|out«tandlDg.
th«M Takles
INTKRE8T.
7
2,550,000
2,621,000
195,000
3,423,000
2,000,000
Am. Ex.
N. Y.,
7
610,600
3,081,500
Nat.
do
do
do
do
do
do
Uo
1877 to '82
Bank
Jnly
do
do
do
do
do
47
'82 to '0»
da
1881 to '99
do
187410 "TS
19»0
1873 to '89
7
6
1,
1880
1880 to '99
1890 to '99
July, 1876 A "99
Jiily 1,
Various N. Y., Metropolitan Bank.
Oinelitiiali—
To build Esgleston avenue sewer
B'2
Loans to Railroads
F, A, G, U, I&M
Bonds to 0.& M. RR. to purchase whf. prop.N
Bonds for erection of a Workhouse
Bonds for Water Works
Cli&C3
Honds for Coninion School i>urpo8C8
P2
Bonds for Common School purposes
P
Bonds to O. & M. RR. to purchase whf. prop. N
Bonds for e.Kt. and iinpr. Water W. C, D. &E
Bonds for fiuidliig Itoatiug debt
A2
Bonds for new Hospital
8
Bonds for new Hospital
82
Bonds for tundluf.' Iloatiug debt
L
K.\teusion aii<l improve. Water Works. .K &F
Bonds to purchase Ori>'u Asy l. grds. for park.O
.
1
.
R
U
Bonds for ,sewora>;o
Bonds for improving Gilbert avenue
Bonds to build Eggleston avenue sewer
Bouds for improvement bouds
Bonds for Water Work purposes
iencral improvement
Cincinnati Southern RR
do
do
do
do
gold
Floating debt bonds, coupon
Water- works bonds
C4
W2
'anal
et.)
Bonds for Water Work
Co.,
on
city's credit.
.
Biifjlo.— The ^mded debt, January 1, 1876, was
88,7«,;8!l, and 11. ating debt, jan i.0.i2.
In isrs real
estate was assessed at $;i:^.94.3.7:i,j, and personal at
$8,021,t^r0— total, fti'),9(U,IO.J. Buflalialso pays 7-10
(I) ing 171-2,330) of Erie county debt.
City tax-rate,
1-J7J, $i5 55 on the $1,(K0.
(V.2.', p. SM.)
C—
'
STiarleston, S.
The bonds of Charleston are
mostly held within the State of South Carolina.
The total assessed value of property in I8:.3 was
$-J7,9r8,!Wl
rate of tax. 2 per cent. Sinking funds
reduce the total debt to f J,b7ii,6fi3.
Chicago.— The total funded debt at the close
;
\
I
I
of the year 1875 was tl.3,457,000.
Curtiflcates
of indebted:: ess, $4,041,0%.
Assessed valne of
real property, '74, *-i58,549,:il0; personal, tt45,l.'j5,S80
—total, $3«i,705,140. Tax rate, 18 mills. The Illinois
State valuation is $-224,118,6-^0, and the ci y debt is
limited to 6 p. c. of that.
The coraptroMbr says:
"Owing to the wise provision in the Constitution of
the State ourfundcd debt cannot be increased above
the present amount for some years to come. Of our
tm,i7i,W0 of funded dot $1,.W1,0T0 Is on account of
the Water Works, which last year yielded an income
of $7:W,U42I. (iuestionhavinjjarisen as*o whether
M-rtilicates were not an Increase of debt, and theretore ilie^^al, an ordicance w.ts passed auttiorJziug
the Ccmptruller to make an endorsement thereon
that thiy "were issued upon the appropriations and
tax levies of the city."
-——Assessed Valne.
Tax
Year
Heal Estate. Per. E.state. Itate.
,_„
t.)l,5S?,545
$5,55J.:«0 $15 00
ISM
60,495,116
19,447,911
20 00
,
™>
1387
:§«8
•868
1*'0
_
140,8.57.010
174,503,410
811,3 1,»(0
8«i,64.!,t00
51.a9.>,UD4
53,93,»,469
5I,6VJ,640
62,34'2,950
MOO
14 00
15 00
16 00
7
l.')0,000
r
150,000
100,000
136,000
150.000
600.000
7
7
7
7
3,<K)0,OOo
500,000
250,000
1854 to '75
1854 to '74
1872 to '74
1874 to '75
1873 to '75
1864 to '71
1868
1860 to '74
an:
A O.
A N.
3-10 J. AD.
3-10 M. A N.
J. A J.
6
Various
«
M. A 8.
6
3-10 :st.& s.
3-10 M. A 8.
3-10 A. A O.
3-10 M. A S.
F. A A.
7
A I).
7
J. A J.
7
3-10 J. A J.
««• M. A N.
M.& N.
6
M.
6
A.
6
M.
315,000
195,000
718,000
424,000
2(X>,000
(;SS,300
1.3;)3,000
J.
Various
3'29,000
Varioiis
243,800
Various
F.
A.
239. 51.S90
45,042..'>4
86-2.969,%«
858,540,310
49,103.175
45.155,830
N.
The
A
and
A
18
.1..
Is all
or in
and Lin-
estate.
$31,4I1,S1-J
57,370.731
6«,9i4,(M4
55,-10.'.410
Total
valua'ton.
$93.oa.7'6
1.3.'i,10:.S.'18
180.361,912
175,084.
185,615,740
Wi
1875 to '85
1880 to '95
1881 to "93
1875 to '86
1885 to '98
local imiirovements, and redeemed
on the property l)cncfilted.
Coiumb'M.
Oa.— The
total
debt
by assessments
is
$532,510.
and
the annu,al Interest required about $IO.Oi'0. Bond*
are all coupon, and were Issued in small amoubia
25,000 fall due each year. City holda
as wanted
Valuation ot real
som-." stocks and other properly.
;
estate. 1375, $8,923,575.
.WIM.— The popnlstion In 1S70 was 79.601
by State census, 101,(fe;!. The value of
waterworks is $1.589.t)8S, against a debt of $1,100^.
"The water works bonds are issued on s pledge
of the city credit, and S;3,iO0 per year colAslected in taxes to pay Interest on them.
Detroit,
in 1874,
$1.0JO.
valuation, 18."5, real estate. $-«).225,»75;
personal. $7,448.755-total, $S7.7;4,taO; true valne
Tax rate, $3 91 per
estimated at $92,588,100.
$17 45
$100.
sessed
Rate tax
estate.
1863.. $6I.(>-3I.901
78,73ti.4«
1S70.
1871.. 12;J.4J7,888
1S72.. 119.621,856
1873.. 121,479,8:0
1871..
1875 to '89
1875 to 1905
1879 to '91
1892 to '94
;
&
Year.
1876 to '95
1875 to '89
Cfetie^jmf.- The total valuation of property for
taxation is $T3,30,>.877 and tax rate 18 l&-«) mill", of
which 6 « mills are levied for interest and sinking
fund. The sinking fund, January, 1876, amounted
to $1.700,fOO, market value. The sewer, street improvement and street opening bonds are for special
(•0
coln Park loans arc not debts of the city, but of
distinct corporations. (V. 2', p. 207.)
Cin<:innati.— Ill a-Mitlon to the issues above
named, there remain sevenl sma-l amounts, as
follows: S.'.5 CO) (T.) 6s, due July, 1876; $108.0: .'is.
November, I8-i5; *6«,C0O (YY2,
O.) Gs, l^!i-88;
$17,001 6s (Q.). Novemb r, 189i; $27,0)0 Os, (A.),
March, :>97.
Bf the census of 18:0 population
was 21-',W0, against 161.011 in 1800. Tax rate for
Un187.5, $2S HI per .«il.O0O. a:,'aint $23 :18 in 1871.
der the laws of Ohio rea^state has been valued for
purposes of taxation (mce in leu years. The following table from the books of the Auditor of Hamilton
Co'iintv, Ohio, exhibits the assessed valuation of the
city of Ciucinnatl in the year IStiO and f roiy \0 to "74
Personal
A
$7,^,000. with sinking funds of f4.3n.44A. The elty
will be the sole owner of the stock of this railroad,
and thus not " Hid in building railroads," Ac. (V.
V. -ti. p. 209.)
20, p. 14; V. 21, p. 611
in Octo!)er, 1871.
&
'95
'94
'92
1876 to 84
1876 to 85
do
do
to
to
to
to
'95
to '95
to '88
'84
1878. '83
1876 to 92
do
do
O.
Rite.
10 00
15 00
18 00
Cook Co. debt
interest is all pay.ible In J.
So. Park, W. Chicaijo Park,
Real
1878
1876
1887
1894
1893
1876
New York.
Now York and Columbus.
A.
Tux
,
187-2
A
do
do
do
do
do
do
do
do
do
Various N. Y., Farmers' L. A T. Co.
do
do
Various
do
do
Various
do
do
Various
1S71
1(1,005,
Nat. B'k.
Dec., 1878
1878 to '84
Various N. Y., MetropoliUn N. Bk,
do
do
Various
Various N. Y., Metroimlltan N. Bk,
1873
t8.4
.M.
J.
Viu'ious
Assessed Valne.
waw 3
A
Various
Estiito. Per. Estate.
52,8r,K'2iJ
2:i(i,89-!,().')0
and
J.
Various
Various
272,500
Population in 1870
A
J.
Real
7 per cent,
Am. Excb.
do
do
do
do
do
do
do
do
d*
856,600
395,2ai, against 109,2()0 in ISfiO.
,
Various
2,969,000
763,000
90,000
80,000
1,500,000
,
do
do
do
do
do
do
do
Vjirious
125,400
1,201,000
684,000
Year.
do
do
do
do
do
do
do
Nov., 1885
Jane, 1888
1888 A 1889
July, 1888
Jan., 1800
Nov., 1890
April 1, 1895
N. Y., Am. EzcbangeBauk
March, 1897
do
do
June, 1897
do
do
Nov., 1897
do
do
Jan., 1900
do
do
June A Oct., 1900
do
do
March, 1908
Cincinnati.
Sept., 1899
N. Y., Am. Exch. Nat. Bk.
Sept., 18!»9
do
do
Oct., 1899
do
do
March
1, 18S6
do
do
Aug. 15, 1886
do
do
Dec.
1, 1891
do
do
July 1, 1902
do
do
do
do
May 1, 1906
New York or London.
May 15, 1004
N. Y., Am. Exch. Nat. B'k.
Various N. Y.
7
6.t 7
7
7
7
6& 7
7
6& 7
1,7'22,000
1,000
1,000
1,000
l,00O
1,000
Am. Exchange Bank
7
6&
1,575,000
1855 to '59
1855 to '75
N. Y.,
Various
.!.
2(K>.000
18.59 to '71
(.'ousoUdatiou bonds
7
250,000
175,000
109,000
1,000
1,000
1869 to '74
1870 to '75
1872 to '73
1865 to '60
1875
500,(KH)
(iO,000
1872 to '74
Improvement bonds
Funded flebt bontls
School House bouds
Marked House bonds
I
100,000
99,000
195.000
397,500
116,500
10.000,000
500 &c.
AD.
J.
6
M. & N.
6
7 3-10 .1. & D.
7 3-10 Various
7 3-10 J. & J.
J. & J.
6
2.50,000
3(K),000
1856 to "72 1,000
1866 to '71 100 &c.
Public Building stock (City Hall) bouds
Public sewer bouds
F.'r.alicth, N. J.—
7 3-10
150.000
1,075,000
210,000
—
Subscriptions to various railroad stocks
Houils for f uuding and other purposes
l>. troU, Mich.lionds for various City purposes
,
1871
1872
1874
1876
1874
1875
Viaduct, street and biidge ($300,000 6 p.
School ($274,000 are 6 p. ct.)
I louse of Correction
Main sewers, special asseasmcut
.street iinprovcm'ta do
street openings, &e. do
^luinbns, (la,
1869
1871
1871
W
ateeiand—
Water works ($100,000 are 6 p. ot.)
Funded debt ($223,000 are 6 p. ct.)
l/akc View Park
<'
1,000
1,000
1,000
1,000
1.000
1,000
1,000
ISOSt
B3
(
<
1868
1.000
1842 to '54 1,000
1855
1,000
1868
1,000
1868
1,000
1868
1,000
1860 to '61
1,0<K»
1855
1,000
1847 to '50 .500 &.C.
1847 to '48 500 Ac.
1867
1,000
1868
1,000
1853
1,000
1,000
1853
1838
1,000
1869
1.000
per
31 61
28 80
30 10
83 06
61,166,460
8:3 38
181,»>0,014
28 82
-75
rj8,52',7:30
181 4<I8,5S3
.... 12'i,9.-6,8l5
Tliedebtof Clnciunati, exclnsiveof the netv loan for
amall.beinj
about
the Cincinaati Southern RR.,>
.
{
Elizabeth, If. 7— Total debt of the city of Kliaabeth August I. I«75, was staletl at $5,400,000, as follows: GeucMl debt, $950,000; assessment debt,
The sinking fnnil has to its credit
$4.430,0,K).
Valuation of real and personal property,
$9JO.flOa.
Tax
$.32,OO.i,0;X); assessed valuation. $1»,000.IM).
rate is $266 within the lamp and water dlttrict, and
in
f&fXn.
Fopalation
1875,
outside.
13
$2
CITY SE0UR1T1E8.
Subacrlbera
vrlll eonftor
[May
27, 1876.
a areat favor by glrlaz Immedlata notice of anr error dlacovered In tbene Tables.
DE8CBIPTI0N.
Date of
Size or
Amount
Bonds.
par
outstanding.
For ezplaDatlons gee notes on first page of tables
Value.
Qalpes'on, Texas1869 to '74
Bouds for harbor improvement.
1873
City park bends (piircliaae of block 321)
1860 to '74
Bonos for various purposes
1876
Galveston County bonds, G. C. & S. F. KR....
u»t«
"*'®-
When
10
145,000
300,000
300,000
300,000
200,000
109,500
100,000
6
g.
\VTiom.
&
Galveston.
J.
J.
& S,
Various
J. & J
M.
8
10
10
Principal—Who
Due.
I
Pa^-ablel
I
$71,500
35,000
766,500
500,000
INTEREST.
Where Payable and by
1880 to '87
1892 to 1902
1874 to '95
1901
do
do
New
York.
Jndianapolit—
Bonds
to railroads
I/oan bouds, serioa
Loan bouds, scries
A
B
C
do
do
Loan bonds
Purcliaso-money bonds—SoutUcrn Park
Scliool bonds—By Board of School Comm'rs.
Jersey Cilti—
Water loan bonds, mostly coupon
.
Forty-year bonds
luijiro vement
bonds
do
dock
City bouds, coupon
Funded debt bouds
do
Morgan
Hudsou
Bergen
do
do
do
500
1,000
1,000
1,000
1,000
500
1,000
1852 to '07 1,000
1869 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
1869 to '70
1873
1874
1874
1875
1874
1873
'
street
Various.
1872
Various.
City tjonds
school loan bonds
1869
1869
1869
sewerage bonds
improvouient and water bouds
bounty loan
Greenville street improvement bonds
.'
Zouisville, Ky.—
For Jcffersouville Railroad stock
N.
Subscription to stock of L.
&
Various.
Various.
1852
KE
J854
Water works
1857 to '67
1873
1866 to '67
1873
1871 to '73
1853 to '70
1868
1871
1868 & '73
do
For improvement
of streets
Ke-constriiptiug street
Public buildings aud institutions
Public school and school houses
Bewer bouds
do
Elizabeth &P. Railroad
Wharf property
'54,'62,3,8
1,000
1,000
Various
l,000&e
l,0O0&c
l,0O0&c
Various
500 &c.
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
1808
1869
1870 to '74
Louisville, New Albany & St. L. Air Line RR.
1871
Chitnge of gauge, Louisv., Cin. & Lex. RR
1871
Boadt)ed
do
do
1871 to '73
City bonds payable by railroads
1851 to '63
Memphis, Tenn.
Scuoo! and paving bonds.
18G7 to '68
Post bonds
1867, '8, '9 500 &c
Funding loan, gold
1870
1,000
Mississippi Kiver Railroad bonds
Endorsement Mempliis & Little Rock RR
1857
1,000
Jail bonds
For old
do
liabilities
do
—
—
Mihpaul,-ee
Be-adjiistnient bonds
Geneial city bonds
do
do
Water bonds, coupon
registered
do
Scrip to settle old railroad loans
1861
1871
1876
1872
1872
1873
500 &G.
1866
1866
1859
1870
1870
1871
1871
1875
100 &c.
100 &c.
1,000
1,000
1,000
10,000
Mobile—
City debt A, B, C (payable annually till 1891)
City debt D, E, F (payable annually till 1886)
Bonds to Mobile & Great Northern Railroad..
Bonds to Mobile
Wharf bonds
& Al. Grand Trunk RR
City funded debt
To Mobile & Northwestern Railroad
New
funding bonds
Kashi^ilU', Tenn.
Nasln'ille St. Chatt.anooga Railroad
Various city bouds
—
1849
1866 to '76
Newark —
Bonds, various city purposes (s. fund of 1869)
War bonds, floating debt, &c. (s. fund of 1864)
Public scliool bonds
Clintou Hill bonds, coup. & reg. (s. fd. 3 p. c.)
Sewer aud improvement bonds
Aqueduct Board bonds
(local liens)
.
1875
.
—
New
Orleans
Consolidated debt 1 $650,000 applicable C
do
do
W'early to interest aud<
do
do
Riilrofid debt
Balveslon.
of which
all
)
principal
Zndltnapolis
—The
ct.
debt is *S7!i,00O,
currency except $106,5CO
total city
apsesament of taxable prop-
erty in 1874 was $67,301, M6; taxes for that year,
$510,058, or a levy of $1 S.i per $100. Totnl debt
Jr.ne 30, 1875, was $I,45.'j,0(lO. The School Board is
a distinct organization from the city, created by a
separate act of the Legislature; levies its own tax,
which is collected by the City 'Treasurer. The city
warrants are discounted when sold. The floating
debt of this character, Jan, 1, 1873, was $200,000,
payable during this year.
Jersei/
CT<y.— The total bonded debt of the
city,
April 1, 1875, was stated at $14,347,.tO0, as follows:
General, $3,558,000; assjssmcnt debt, $S,06',500;
water debt, $l,6-39,00i).
The sinking fund was
$5J5,565.
Assessfd valuation, including railroad
proporly, is $88,4DR,883. on which the tax rate is $3 00
per $100 on $68,49i),8.55, and l-per cent on railroad
property assessed at $1 ,000,000. Population by State
census iii 1875 was 116,883. against 83,000 by U. S.
census of
1870.
1852
1852
1852
18a4-.';5
yaea*.- The
are 10 per
(
(V. 18, p. 190.)
Louisv>Me.—The funded debt, January
1,
1876,
exclusive of railroad loans, was g'<,.3.30,iJ00, against
Janu ry 1, 1875. Of the $8,.33i,00irthere
$3,604,0
Is pavable ont of the sinking fund $3,705,000; payable by special t»x, $4,62o,(»0. Assets of the sinking fund, Jan. 1, 1875, were $3,180,625. Populaticm
by ceneas of 1870 was ;00,730, against 68,033 in 1860;
now ottlmitcd upon the basis of 7 to a voter makes
ISO.OOO, Assessed value of property, about *79
000,000. Real value, $100,000,0 0. Rate of taxation
for all city purposes in ;873 is— Eastern District,
$a 37 on $100; Western Di'trict. $2 33; State tax,
4Sc. The followins: flguresgive the assessed property valuation for the past six years. For 1868, $59,-
1,000
1,000
1,000
500 &c.
1,000
1,000
1,418,000
3,109,800
900,000
622,000
1,866,000
3,433,000
125,000
921,000
500,000
171,0.50
150,000
400,000
152,000
103,000
249.000
149,000
404,000
1,3.50,000
76,000
201,000
600,000
050,000
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
793,500
2,390,000
341,000
80,000
300,000
356,832
243,000
100,000
429,000
1,171,000
186,588
539,209
232,400
329,000
750,000
349,000
363,500
300,000
315.000
1,065,000
378,000
7-3
7-3
7-3
7-3
7-3
8
N. Y., Winslow, L. &Co.
do
do
do
do
J
J
& J
July
July
July
July
1,
1,
1,
1,
1,
1893]
1894
1894
1895,
1899 j
J.
A.
I
,
,
•
,
6
7
5
7
7
7
7
7
J.
&"j
J.
J.
J.
J.
J.
& D MUw. aud N.
do
& J
do
& D
do
& J
& J
do
Charleston,
J.
8
•T.
8
8
8
J.
J.
8
J.
M.
.T.
June
do
do
do
do
Jan.
& J
&
&
&
&
&
&
&
Mobile,
Bank of
do
J
N. Bank.
Mobile, City Treasury.
N.
do
J.
do
J. N. Y., Merchants' N. Bank.
N. Mobile, Mob. Savings Bank
6
6
V.arious
New York,
Various
do
1,000
1,000
1,000
1,000
4,042,000
209,000
130,900
2.588.000
6
6
6
6
1,
1,
1,
1,
7
7
7
7
Newark, City Treasury,
do
do
do
do
J.
J. Newark Mech. Nat. Bank,
8.
do
do
M.
do
Various
do
J.
&
&
&
O.
&
J.
for 1870, $70,806,713;
$77,156,612; for 1873,
1876 to '93
1878 to '91
April, 1888, to' 91i
New Orleans,
M. & N.
Various
Various
'|
1875-77-79
1876 to '94
Various
Various
A.
'6, '7,
1875 to '91
1875 to '86
1885
July, 1899
Nov., 1895
Till 1901
1901
do
do
do
J.
J. N. Y., Merchants'
M.
7
7
1891
1901
1896
1902
Jan.
Jan. 1,1902
June
Mobile.
i^-
6&
6&
July, 1872
8. C.
Y., A. Goettel.
Feb.1,'75,
5
500,000
400,000
2,500,000
3,030,000
43.3,974; for 1869, $63,884,091;
for 1871. $76,845,995; for 1873,
iSl
do
do
& J.
Jan.
do
do
& J.
Oct. 1, 1878.1
& O.
do
do
J. & J N.Y. Merch. Ex. N. Bank, Jan., 1877 to '9Si
7
Various
do
1899 to 1913
do
7
1875 to '76
J. & J
do
do
7
July 1, 1913
J. & J
do
do
7
M. & N
do
May, 1891
do
7
Various
do
1892 to '94
do
7
do
June 8, 1900
J. & J.
do
Various.
6&7 Various
do
do
7
do
July 1, 1896
J. & J.
do
7
Various
Various.
do
do
7
Jan., '98 to 190
J. & J
do
do
7
J. & J
do
July, 1889
do
7
J. & J
do
July 1, 1879 &
do
7
Various
do
Various.
do
Various.
7
J. & J.
do
do
6
A. & O. N. Y., Mercantile N. Bank.
April, 1882
6
A. & O.
April, 1883
do
do
1887, '89, 91 .
6
Various N. Y., Bank of America.
March 1,18831
7
M. & S.
do
do
1886,' 96, '97
6
Various
Louisville.
7
J. & J
N. Y., Bank of America.
July 1, 1903
7
Various
do
1891, '92 & 1903
do
6
Various New York and Louisville.
1883 to '89
July, 1898
J. & J Louisville, City Treasiu'er,
Juue, 1901
7
J. & D.
N. Y., Bauk of America.
Various
1888 & 1903
7
do
do
1878 to 1898
6
Various Louisville and New York.
Oct. 1, 1898
6
A. & O.
do
do
1889
do
do
6
J. & D.
Various
do
do
1880, '94 & 190<
7
.M. & S.
N. Y., Bank of America.
Sept., 1891
7
Feb. 1, 1880
F. & A.
do
7
do
do
July, 1901 & 190
7
J. & J.
do
Y^ork
1881 to '93
Various New
and Louisville.
6
1873
to 1902
Memphis.
6
J. & J
1873 to 1900
e
J. & J.
N. Y., P. M. Myers & Co.
M. & N
Nov., 1900
6
do
do
1,000
1,000
1,000
1,000
1,000
1,000
1,890,000
,T
J.
J.
J.
Jan. 1,1889, to 'Oi
City Treasury.
Jan.
1, 1895
1879 to '93
1876 & 1892
July
1, 1892
1, 1892
1892
1874-5 & 1894
July
May
do
do
do
have a lien on city revenue, and exchange for thcseV
is
offered at 7i per cent of their face iu the new 6
This has been accepted to a considerno report yet given. Population
per cents.
$77,325,373.
Memphis, Tenn.—The city has been in default for
The total noating debt
1, 1873.
1,
1876, was 81,947,286, and there
were
nominal assets (unpaid taxes, &c ) to balance
this of $1,766,034.
In 1874 the policy was adopted
Interest since Jun.
April
of receiving proposals fnr the sale of past due
coupons, so far as the fun'is in hand permitted. The
City Council declared the funding and paving bonds
issued by Mayors Leftwich and Lofland 186;-8-9 to
have been issued illegally, hut allowed the coupons
to be received, pro rata, according to the amount
realized by the city for the bond-; but a decision
of Tenn. Supreme Court, December, 1375, was
ag'iinst thecitv-on this point. Assessed valuation.
$32,0O0,r0O. Tax rate, $2 per $100. Population ; n
18;0, 40,2.30.
(V. 81, p. 186, 570.)
—
Milwaukee. The city cannot»isaue debt boyond 5
per cent of its average assessed value for five years,
which is $43 645,000;
in
1875, valuation
was
833..^85.664 of real and personal; tax
rate, 3.5.64
mills.
Sinki *; funds are provided for all the bonds.
Old railroad bonds, $200,000, due 1876 and 1877
(with interest about $400,000), were held valid
against the city. Population by State census, 1873,
101,000.
(V. 17, p. 187, 638, «91.J
lfb*!fe.— The valuation of
$12,891,525 real estate and
property in
1816 is
$5,377,716 personal
per cent.
Interest has
property; tax rate, IX
been in default since July, 1873.
A
settlement with
bondholders was offered by Commissioners in New
York. Sept., 187.5, viz.; $'ilO in 6 per cent bond for
$1,000 of the old 8 per cent. The 5 i er cent bonds
able extent, but
about 38,000.
(V.
-.0,
p. 302.)
Nashville, Tenn.—At the close of the fiscal year,
Sept. 30, 1875. there were $131,100 of past due bond*
and8;86 440 unpaid coupons. The total debt was
$1,737,2 2. Assessed valuation of all property, atout
813,62.'i,:73; tax rate, 1873, 3 per cent.
—
Newark. The bonds in the first line in the table
are payable out of the sinking fund of 1869, which
amounts to $335,368: those in second line out of
sinking fund of 1864, $8 2,757; public school bonds
out of publ ic school fund, $89,034 ; CI inton Hill bonds
by sinking fund, 82!.2J1, against local improvement bonds the city holds t;,568,i'8J of assessments
unpaid and a lien on the property. Temporary loan
bouds, Jan. 1, 1876, were $767,750. Valuation of
real estate, 1874, $79,538,3!)8; personal, $24,88;),800;
tax rate for all purposes, 1875, $1 98 per $10 J. Population in 1870, 105,059.
'
New
1874,
Orleans.— Interest was in default Decembefi
but coupons then due were paid May 15, 1876i
total funded debt, April, 1876, was $20.873,33»l
certificates, coupons unpaid, &c., $671,781: otb"
floating debt. $1,145,.323. The a8.sessed valuation
property is $98,463,26) real e-tate, and $3-i,118,8
mills; city tax, 25 mills;
personal. Stale tax,
scheme for settling the debt b]
total tax, 39>f.
The
A
UX
is iu practice, auL
drawings take place Jan. 31, April :5, July 31, anol
Oct. 15. The premium bouds exchanged for. others
ft
bond premium drawing plan
and outstanding. April
Poprlation in
1.5,
1876.
were
»6,667.30O.
187", 191.4'8; in I860, 138,670.
p. 64, 86, 159, 278, 511, 6 3;
V
.
22, p. 471.)
(V.
21,
A
M:iy 27,
CITY SECDEITIKS
i876.]
»Trlber«
will coufer • xreat
^^
Avor br clTlac lniiae«uue noUea of anr
DESCRIPTION.
Date of
Bonds.
For explanations gee notes ou Hrat page of tables.
Orleans— ( Continued )—
Waterworks loan of 1609
Size or
Amonnt
)»r
outstanding.
vS"
^luo.
Rate.
thcM TaklM.
•rror OUcoreraA la
INTEHE8T.
When
Where Payabla uid br
Pay'ble
Principal—
slpal- When
Due.
Wliooi.
Ifete
1809
$1,237,500
2,200,950
1,608,250
196,500
590,000
172,000
Beren per cent fimdliiK loan of 1809
1809
do
do
1870
1870
Jefferson City (debt assumed)
'37, '07,-70
Wharf iiupr. bonds (assumed by lessees)
1870
Street improvenient boutls
1871
1,000
Cousollduted gold bonds (Keueral series)
187ii
1,000
do
do
(drainage scries)
1872
l.QOO
Ten per cent bonds, deficit and old claim
1871
Varloiu.
Oarrollton funding and iuiproveuieut bonds.. 1871 to '72
New prcEuium bonds (In cxcbange)
Kcu)
1,'<!6
1841 to '63 100 Ac.
1870
100 4c.
1845 to 'GO 100 Ac.
ISO.'J
100 &c.
1870 to '72 100 ie.
1871 to '72 100 i&o.
1805 to '72 100 Ac.
1867 to '70 100 Ac.
1809
100 ic.
1853 to '57 100 Ac.
1853 to '57 100 &e.
1857 to '05 100 <Sce.
1870
100 Ac.
1800
100 Ac.
1805 <k '68 100 Ac.
1809
100 Ac.
lOOAc.
100 Ac.
1869
100 Ac.
100 Ac.
100 Ac.
1809
100 Ac.
Lunatic Asylum stock
Kro department stock
Fire telegraph bonds
Tax
relief bonds
do
do
coupon
New York Bridge bonds
Accumulated debt bonds
Street improvement bonds
Street oiieulug and Improvement bonds
Volunteer .loliliers family aid fund bonds
Ninth district court house bonds
Consolidated Bt^>ck, coupon
Department of Parks improvemout bonds.
AssesHinent bonds
City parks improvcnumt fund stock
Normal school fund stock
Public school building fund stock
Additional Croton water stock
Sewer repair stock
1870
1S63
I'sfi
..
1871
1871
1871
1671
1872
Consolidated stuck
1874
Museum of Art and Natural History stock.
1873
Liquidation of claims and Judgments
1873
Improvement of Third avenue— 23d ward...
1874
TbiKl district court house bonds
1874
County court house stock
1802 to '68
do
No. 3
do
1871
do
do
No. 4&5
1872
Soldiers' b<umty fund bonds
1864
Soldiers' subs, and relief red. bonds
1864
Soldiers bounty fund bouds, No. 3
1865
Soldiers' bounty fund red. bunds. No. 2
1865
Riot damages red. bonds
1864
do
in demuity bouds
1804 to '72
Assessment fund stock
1868 to '72
do
do
1873
do
do
1874
do
do
1875
Repairs to buildings stock
1870
Consolidated stock, coupon
1871 to -72
Accumulated debt bouds
1869 to '70
N. Y. and Westchester Co. improvement bonds
1870
Consolidated stock
1874
For State shikitig fund dulicieucj^
1874
Debt of Westchester towns annexed
Jfarfolk, Va.—
.
Coupon bonds
do
do
trust fimd
do
paving
do
water
1874
1870
1872
1873
1871
—
8
M.
5A6
6
A6
»r
6
6
6
7
6
5
6
399,300
6,349,800
6,085,000
2,748,000
296,000
75,000
451,200
7A6 g
6
6A7
7
6
7
8,1.56,296
6A7
700,000
521,953
6
6
7
.597,586
2,767,000
3,000,000
1,500,000
6,500,000
3,004,839
1,000,000
266,500
300,000
4.252.500
Ac.
Ac.
100 Ac.
100 Ac.
100 Ac,
100 Ac
100 Ac,
100 Ac,
100 Ac,
100 Ac,
100 Ac,
100 Ac,
100 Ac.
100 Ac,
100 Ac.
100 Ac.
100 Ac.
500 Ac.
100 Ac.
8.88.5,500
6,000,000
30,000
1,080,200
3,899,493
1,500,000
100
100
100
100
100
100
I
6
2!t,ij00
6
175,500
192,500
189,300
500,0U6
mw
York City The total debt of New York
Jannary 1, lf76, was tl41,522,0'i3; the amount of
Sinking funds $i7,713..307. The foUowinj; siatement
shows the details of funded debt, and the amount
In the city t inking fund ut the dates named
Jan.
Description.
].'"4.
Jan.
$
$
Ponded debt
59,492.219
Sinking funds... 34.832,017
Ket debt
Temporary debt.,
Bevenue bunds.
.
Jan
1, '!5.
S
n9,05«,90?
118,241.5.57
2«,t)I5.778
27,748,3J7
91,625.779
20,854,700
2,707,500
74,fl59.(i08
31,927,37i
9,790,i«'8
1, '76.
91,.303.596
21,3J2.2)0
4,142,925
The population of New York by the IT. S. census
In 1870 was !>22,531, against 8i)5,6.58 in ISW.
Since
Jan. 1, 1861, the vaUiaiion of propertv, the rate of
taxation, and the net amount of funded debt have
beenaafoUows:
Real
Year, estate.
t
,_Ratetaxp.
Personal
estate.
$
62
3 87
4 i7
5 81
?,
4
m3..8.')6,6'i3,3-«
lS^4..88I,54^.9f^5
1876..883,643,M5
!i6
94
07
13
72
70
43
3(16.949,422 5 80
2fl2,51l7,(143 5 41
272.481,181 6 95
217,300,15< '—29
3
4
lt68..62,'i,i;ii;,5-)5 2&) 199,072 6
1?69..I)SI,W),9IS 281.142,1,96 2
1870..742,10S,(]75 305.28i,374 2
1871. .769,3 2,250 3116.947,233 4
18r2..797,118.6«5
debt.
$
1861. .406,9.55.665 174.624,.S0I>
1862.,.3'.l9,f,56,40» 172,4I6,ii31
18(a..*>.Me7,::R2 191,!I67.1«1
18«..410,774.435 S2;.9i0,5()5
1865..427,360,»S4 18:. 423. 471
1866..47--I,9-I4,981 S57.994,il74
1867..555,4 17.062 27«,.1S9,151
Net
Funded
$1,000.-^
State. City.
16
13
16
17
24
19
.36
f
A
l.— F.
J.— F.
J.-F.
.& N.
i
[116,773,721
1876. '87
.M.
M.
M.
M.
M.
A
A
A
A
5
J.
J.
A
A
A
&
M. A
8
A6 J. A
6
J. A
8
8
M.
8
J.
A.
A
The equalized valuations by .S*ate Board in 1875.
were tl,20J,531,!SO, of which $9.33,050,^99 was real
estate. The true value of real (istate iseytimated;,!
»I.9J5,021.510. By an act of 1874 the towns of West
Farms. Morrisanla and Kin^sbrid^e, owbracing
about 12,000 acres, were annexed to New York.
From the termination of the Tweed reairM in
1871 1<) January, 187.>, the gros^ incrcise in debt was
fi.33,252,(M9, and Comptroller Uri'eu has claimed that
the old demands existing when he took office,
together with the bonds issued to pay deficiency in
State siuking fund, and for up-town improvements,
a^^eiiate more than this whole increase. .Ml unadjusted claims ai^inst the city Jan. 1875. were nominally $6,971, 1-19, a large part of which the Comptroller claims to be fraudulent and has determinedly
opposed. The outstanding abscssment bonds (payable out of local asfc'smcnts on propertv benefitted)
are represented by advanrcs to contractors, advances on Boulevard work, and nncollectcd local
assessments.
Extract from Mayor's Message of
Jannarv. 1876. is given in Y. SJ, p. »i. (V. 80, p. 14,
29; V. 21, p. 86.)
JVor/'o'Jt.— The bonds dne April, 1892, arc two
series— seri'-s Ist, is«ued to A M. & O. Rll. and
Kaleigh & Gaston RR. fcri vs 2d, to private partii'S.
Both series arc secured by ('eeJ of tru>t on city
property.
Coupons of 1st scries are payable at
t'itizen?' Bank; coupons of 2d eerles at Periples'
National Bank. Tax rate. $1 60; water tax, 40 cts.,
(special); total rate, 2 per cent.
;
PAKodriMio— The total funded debt, January 1,
1S76, was 856,8:5,691; guaranteed debt. $5,399,400;
floating deb', J8.6 1,4.33. Sinking fnnds, $10.080 300.
The ntt increase o." debt in 1875 was only $JM,5:9.
'5
1989
N.
N.
N.
'02, 96
1880
1880
1884
1870
180O
Not. 1, 1005
1884 to '88
1880.
N.
J.
J.
A '05
Not. 1,1901 to
1878
1804 A 1807
1888
mI'a n.
M. A N.
M. A N.
.M.
1,
1.
1,
1870 A 1880
Nov. I.IOOZ
1883 to '00
1884
Auc. 1, 1900
Not. 1, 1900
1907 to 1915
1907 to 1911
1880
1887
1898
N.
l-f:
.& N.
SO.OS?,,^!
45
21.6'J.-,.')06
08 i 26,185,190
29 •= 33.769,601
94 a 35,«73,5:l7
00 •" 3.-!,6.)4.683
22 03 « 8J,91 1,421
70 17 •§ 35,«S.'),647
19 98 c 47.7:<1,S40
19 80 S 73..37,i,.55a
17 90 « 88,369,386
33 81 " 95,38-?, 153
19 59 -f 10«,3«3,471
21 05
118.187.969
K—-
1855
do
Orleans.
do
N,
1876, '77, '78, '88
1879 to '82
I
1876
1890
1901
Not. 1,1876 to '70
Not. 1,1876 to '79
Dec. 23, 1901
Nov. 1, 1891
Not. 1. 1891
Not. 1, 1891
Not. 1, 1882
1804 to '06
1903
1876
Not. 1, 1877
Not. 1, 1890
1876 to '92
1884 to '88
1804 to '08
1883 to '90
1880 to '81
1805 to '07
1891
1877 to '79
1882
1887
1903
1876 to '78
1910
1884 to '88
s
1901
1884 to '88
1891
1896
1877 to '86
.1.
1,063,214
6,940.741
1,725,000
New
Jf
Philadelphia
Bonds Lssued prior to oonsoiidation
do tor railroad stock subsidy subscript'us
March
June
Y'ork or London.
do
A N.
A N.
M. A N.
6
7
M. A N.
6
M. A N.
M. A N7
6A7 M. A N.
M. A N.
M. A N.
M. A N.
7
M. A N.
6A 7 .M. A N.i
M. A N.!
6
6
M. A N.I
-M. A N.I
6
M. A N.
6
AD.
6
M. A N.
6
M. A N.
M. A N.
7
6
M. A N.
Jf. A N.
6
M.
7
A N.
M. A N.
6
>I.
6
A N
6
.M. A N.
M.
A N.
7
7
M. A N.
M. A N.
6
M. A N.
6
M. A N.
6
M. A N.
7
MA N.
M. A N.
o'
M. A N.
6
M. A N.
IM. A N.
'm. a n.
6
J. & D.
7
M. A N.
7
7
3,s:l.>.5()0
Ac
Ac
New
O.
Jan.
do
do
do
do
do
>.-F.
J.— F.
J.— F.
.A N.
6
3,341,071
A
A
1890
leo*
1890
l«(*7t«1897
Dec., 1880
Auf. 1, 1911
July 1, 1922
July 1, 1022
April 1, 1881
1802 A 1001
Orleans.
Q.-P.
6A7
450,000
Now
M.
5
mo.oao
13,2H1,SOO
5,375,000
200,000
630,000
615,000
265,000
10,343.700
675,000
1,548,175
41,000
200,000
2,502,000
600,000
154,091
4,000,000
946,700
745,800
376.600
1,000,000
855,204
1,719,400
492,700
252,000
900,450
100,000
A J
A B.
A D.
Various
J. A D,
F. A A.
J.
J.
l«7
e10
A.
3,426.000
3,528,000
065,637
400.000
:
Registered stock
1,000
2,420,700
500,000
2,900,000
500 Ac.
100 Ac.
100 Ac,
100 Ac.
100 Ac.
100 Ac.
100 Ac.
500 Ac,
100 Ac.
100 Ac,
100 Ac.
100
100
100
100
8
7-3
7-3
054,000
770,050
29,250
5,067,800
York—
Water stock
do
Croton water stock
New Croton Aqueduct stock
Additional new Croton Aqueduct
Croton water main stock
Croton Kcservoir bonds
Ci'Oton Aqueduct bonds
Crotou water pipe bonds
Central Park fund stock
do
do
Central Park improvement fund stock
Dock bonds
Floating debt fund stock
Market stocJf
City Cemetery stock
City improvement stock
do
do
S
7
7
It
a
Norfolk, Treasurer's Office.
do
do
do
do
S.
Sept.,
O. Norfolk, Cit. A Peop. Banks
J. Norfolk. TreiiMurer's Ottice.
Norfolk, Citizens' Bank.
N.
J. Phlla., Far.
J.
do
A
1878 to '85
1804
1890
April, 1892
July. 1893
May, 1901
Jan..
Mech. N. B'k|
do
.
1876 to '85
1876 to 1903
disbursements of the city for 1875 were
$13,416,451, classified as follows: Judgments, Ac,
1378,422; interest on city loan. $3,734.2)5; hitercbt
on endorsed warrants, $196,888; sinklnsc fonds,
t785,699; warrants of prevloas years, $8,937, l]7;
amount paid on loan warrants. $1.447,8(K); for the
erection of public bnlldlnge, $520,412; school fund,
»2.45l; State tax on settlement. $53,515; cash for
Total
The Comptroller's
departments. $2,.389,377.
statement to form a ba»:s for taxation In 1876,
1, 1875, making total estimated
the
was issued Nov.
liabilities, $26.896,2fi2 64.
Of this amount $9,296,20} was estimated to come
from other sources than taxe«, leaving $17,000,080 to
be raised by taxes, at a rate of $30 per $l,(/00 on fall
city property.
'These estimates, however, were
materiauv reduced bv the Conncils, and the tax
rate was 'kept at #3 15 for full city property. The
following table exhibits the assessed raluation
tax rate In the city since 1870:
Tear.
1870
1971
1872
1873
18:4
J8-5
1876
and
Real
EsUte.
Personal
Rate Tax
Estate.
$470,851,800
491,844,066
502,415.868
518,2'^,5a8
$8,188,878
per $1,000
$18 00
8,.'i»i.tS«
8.608,819
8,980.700
i39,00:),60«
«.«)9,98.S
S65,»49.09j
585,408,705
9,484,«7S
10,00I,<T3
18(10
» 80
50
»1
82 00
81 SO
81 50
oo large amount of city debt matnring In
the next five years. Assessed valuaiioni for 1876 are:
Full city property, $537,213,288; tax rate, $8 15;
suburban property, |;3J'.031,67S; Ux rate, $1 46: farm
property, $20,168,428: lax rate. $1 \%)i. Population,
1870, t74,0«8, tgalnct SK.SiN in I860,
The.-e Is
CITY SECURITIES.
sii
[May
27, 1876.
Sabsorlbers will coafer a ecrett fkror by kIvIqk Immediate motlee or anjr error dlaoorered In these 'rablea.
DESCRIPTION.
Date
of
Bonds.
J^or explanations see notea on first
—
P/i iladelph ia
f
Size or
Amount
par
outstanding.
Value.
page of tablea.
1855
1859
1868
1862
1860
for water vrorka
for bridges
for park and Centennial
•do
for war and bounty purposes
do municipal, school, aewer, Ac
Guaranteed debt, gas loans
do
do
to
to
to
to
to
$6,500,000
4,853,500
8,696,100
1 1,650,000
11,660,350
5,399,400
'71
'70
'70
'65
'70
PitUburyh—
Water extension loan (coupon or registered) 1868 to '74
1845 to '72
Funded debt and other rauuicipal bonds
1863
Coiupronilse railroad bonds (coup, and reg.)
Bonus for inipr. Peun., Ac. (local assessment). 1871 to '73
rorlhtnd, Me.—
1868
Loan to Atlantic & St. Lawrence Railroad Co.
.
do
do
do
do
do
do
do Portland & Rochester Railroad
do
do
do
do Building Ix)an Commissioners
do Portlanu &. Ogdensburg
Municipal—proper
In aid Atlantic
&
St.
1869
1870
1867 to '69 500 &c.
1872
1867 to '68 i',6()o
1872
1852-75 500 &c.
?
Lawrence Railroad Co 5
l^'OvUience, K. T.—,
J>oan to Hartford, Providence
Fialikill
Bouds for public improvements
&
RR.
1855
1863
Recruiting and bounty bonds
Water loan bonds, gold, coupon and reg
187'2
do
do
do
do
do
do
City Hall & sewer loan b'ds, sterling, cp. or reg
Prov. & Springfield RK. bonds, guaranteed.
Y.
—
.
To Genesee Valley Railroad
To Roch. & State L. and R. N. &
1874
1876
1875
1872
Fun <ling oan
jBouds of 1858, coupon (gold)
1858
1862
San Francisco & St. Jose RR., coupon (gold)..
1863 to '64
Judgment bonds, fonpon (gold)
1804
Central Pacilic Ruilroad, coupon (gold) ..
Western Pacitic Railroad,
do
do ...
1865
School bonds,
do
do .
1866 to '67
Judgment bonds,
do
do ...
1867
School bonds
1870 to '72
.
Park improvement bonds
1872 to '75
1871 to '73
1874
Hospital bonds
House of Correction bonds
4
1,350,000
2,230,300
5
\
375,500
500,000
600,000
300,000
2,000,000
2,000,000
lOOO&c.
lOOO&e.
lOOO&c.
lOOO&c.
lOOOAc.
lOOO&c.
£100
500
500
500
500
500
500
500
500
500
500
Redemption
1851
1853
1853
1853
1806
1869
1870
1870
1872
1873
M.
M.
M.
J.
5
&6
6
J.
BI.
5g.
.
500
500
500
500 &c.
100 &c.
99,000
198,000
64,500
937,500
368,800
117,000
349,500
534,000
500,000
400,000
Moch. N. B'k,
do
do
do
do
do
ue.
187610 1903
1876
S
J.
J.
J.
J.
J.
French.
do
do
Boston, Columbian Bank.
1907
1876 to '91
April, 1877
Providence.
Jan.,
do
do
J Boston, Prov. and London.
J N. Y., N. City Bank. A Prov,
J.
J.
do
do
London, Morton, Rose
J.
F.
Sept.,
July 1,1906
July 1, 1895
1892
A Co
& J. N. Y., Metropolitan N. Bk.
& A New York and Rochester.
do
do
& J. N. Y^., Union Trust Co.
do
1878 to 1903
1893
1876 to 1902
Jan. 1, 1903
1905
do
a J.
San Francisco,
7 g. Various
do
7 g. A. & O
do
J. A J
do
?|: M. A N,
do
7g. A. & O
do
A. A O.
do
J. A D.
do
do
II: J. & J
M. A N,
do
J. A J.
do
J. A
7
New York and Savannah,
F. A
7
do
do
7
M. A
do
do
7
J. A
do
do
7
J. &
do
do
M. A
7
do
do
7
J. A
do
do
M. A
7
do
do
7
J. A
do
do
J. A
do
7
do
!j.
431, .500
6&
150,000
299,400
500,000
7
10 & 6
10
7
1876
1885
Jan., 1893
Jan., 1900
Jan.. 1900
Various
J.
1905
Nov., 1886
Nov., 1887
Nov., 1888
July, 1887
July 1, 1897
June, 1877
Boston and Portland,
do
do
& J
& S.
& J
&
&
&
&
A
do
do
to
1893 to '98
1875 to 1129
1913
1883 to '85
Philadelphia.
Boston, Footc
^1
I
Providence.
172,000
750,000
&c.
&c.
&c.
&o.
&c.
&c.
J.
6
1,400,000
500,000
A
b. Bost., Blackstoue Nat. B'k.
ra'nthly
A. & O.
g.
&.C.
N.
N.
N.
5
g.
548,000
108,500
484,500
377,000
250,000
197,000
246,000
385,000
475,000
210.000
150,000
&
&
&
&
J. '&
5
&c.
&c.
&c.
Loiui—
Renswal and
Various
6
6
6
6
1.5CK),000
bonds
1,000
do
do
500
Bonds for city improvementa
1,000
Harbor, &e., improvementa
1,000
For floating indebtedness
500 &c.
St. Joseph, Mo. —
Bonds to St. Joseph & Denver City RR., 1869. 1860 to '69
500
Missouri Valley Railroad
do
1809
500
Bouds for various purpoaea
1858 to '69 100 &c.
Bridge bouds
1871
500
of
7
5
5 & 6
Savannah, Ga.—
Subscription to Muscogee Railroad
Construction of water works
Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes
&7
&5
1,065,000
3,182,000
410,000
1875
1
6
J. Phila., Far.
J.
do
J.
do
J.
do
J.
do
J.
do
Principal—
gal—Wl
A
&
A. & O.
Pittsburg.
Various Pittsburg, Phila. A N. Y.
J. & J. New York, B'k of America.
J.
J.
7
1,.537,286
246,000
233,000
308,000
700,000
450,000
570,000
1,000
lOOO&c.
Various
lOOO&c.
P. Railroads.
For various city improvements
Water works loan, coupon and registered
6
6
6
2,179,149
4,653,700
1,000
1,000
1,000
&
&
&
&
6
6
6
4,413,400,
.
If.
INTEREST.
Wbere Payable, and by
Pay'ble
WUom.
When
Continued)—
Bonds
Bochestcr,
Bate.
1, 1889
1877 to '78
1, 1893
Julyl, 1894
May 1, 1895
Aprill,1881
:87
Oct, 1, 1887
June 1,1882 to
to<gk
1897 A 191
Nov. 1, 181
July 1, 189'
Jan.
Oct.
June, 1876
'6*1
Feb., 1878
Nov., 1883
Dec, 1883
Feb., 1886
Nov.,
June,
Nov.,
Jan. 1
July
1879
1890
1900
19r'
1, 191
1880 to '89
Various N. Y., Nat. B'k Commerce,
M. & N
do
do
Various St. Joseph and New York,
J. A J N. Y., Nat. B'k Commerce,
Nov., 1889
1878 to '89
1891
,S(
floating debt l)onds
1846 to '71 Various
Real estate, buildings and general purposes. 1840 to '08 Various
Street improvement bonds
1851 to '66 Various
Water work bonds (old)
Tower Grove Park bonds
1856 to '58 Various
1868
1,000
1855 to '69 1,000
1852 to '68 Various
1867 to '70 1,000
do
do
do
1872
1,000
Renewal and sewer bonds (gold)
1871 to '73 1,000
Renewal purposes, gold or sterling
1873
1,000
Renewal and improvement bonds, gold
1875
1,000
Renewal, &c., bonds, gold or sterling, coupon.
1874
1,000
Bridge approach bonds (gold)
1872
500
(gold)
Sewer bonds
Harbor and wharf bonds
New water work bonds (gold)
,
St.
2,010,000
1,260,000
166,000
337,000
346,000
914,000
1,219,000
3,950,000
1,250,000
680,000
1,074,000
657,000
2,072,000
461,000
Louis County—
Renewal bonds, coupon
Bonds to railroads, coupon
Insane Asylum
Conn ty J ail
General purposes, gold
Renewal, gold
Park bonds, coupon, gold
County bonds
Minn. —
Revenue bonds
Preferred bonds
8 per cent bonds
1867 to '71
1853 to '55
1867
1868
1872
1873 to '75
1875
1875
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
450,000
1
,400.000
100,000
500.000
600,000
450,000
2,.300,000
500,000
it. Jfant,
i,ake Snpcrior
&
Mississippi Railroad
Paul & Chicago Railroad
Public Park (Cnmo.l
Various
Various
Various
1868
PUteburgh.—The
debt Feb. 1, 1875, vras $13,6.^3,819, including water loan and bonds, charjcable
on local assessments. Cash valuation in 1874: Real
iproperty, »nO,4».S23; peronal, only ta.SS-i.aiO,
according to Comptroller's report. Sinking funds,
J553,303. Popalatiou about 140,(X)0,
total
Pm-ttavf, J/i.— The finkiug fund March 31. 1876,
was $53, 11'.. The city is protected by mortgas^es
on At. A St. Lawr. and on Portland & Rochester Railroads, and holds 7 143 share? of Portland &
Ogdensburgh stock. Asses.sed va ue of real estate
ia 1873 was tn,775,3')0; personal, $1 j,045,71J. Tax
rate, $2.5 per $1,'(W. Population in 1870,31,413,
against 26,311 in 186 >.
Providence, B.I.—Tbe principal debt of Proviilcnce
han been created since 1872 for water works. The
boating debt at close of fiscal yrar Septeniher .30,
1875, was t-!,020,'68, and funded debt, $6.71)7 251.
7'he assessed valuation of all property in I87S was
$122,024,1(0 against tl93,S82.'^00 in 1874. Rate of tax,
sopor $1,000. The sinking fund for bonds due
$H
500 &c.
1,000
St.
499,027
67,210
263,125
200,000
100,000
100.000
Various N. Y., Nat.
Various
do
Various
do
Various
do
6
6
6
6
F.
A
A,
I'- Various
6
6
Various
g.
J.
A
D.
New
6g. A. A O. N.
Ss- Various
6
6
g.
g.
M.
M.
A N.
A N
Bank Republic
do
do
do
Y'ork
1870 to '91
1876 to 190"
1879 to '86)
1880 to '83 4
Aug., 1878^
1876 to '89
1877 to '88
do
do
do
do
do
do
and
Louis.
St.
B'k Commerce.
do
York or London.
Y., Nat.
June, 1887, to '90
April 1, 1892
do
New
do
do
do
do
A J
A D. N. Y., Nat. B'k Commerce
J. A J. N. Y., Nat. Bk. Commerce,
7
do
J. A J.
do
do
J. A J.
do
M. A 8.
do
7
do
do
do
6g. J. A D.
J. & J.
do
do
^^
do
do
6 g. A. A O.
do
6g. M. AN.
do
12 & 7 M. A N. St. Paul and New York.
M. A N.
7
do
do
Various N. Y., P. M. Myers A Co.
8
T. A D.
6
6
J. A D. N. Y., F,armers' L. A Tr. Co.
Cg.
6g.
J.
J.
1891 to '93
Nov. 1, 1893
May 1, 1895
July 1, 1894
Dec. 10, 1892
1877 to 1881
1878 to 1880
July 1,1887
1,1888
June. 1892
1893 to 1895
Ainil 1, 1905
May 1, 1895
Sept.
1874
1874
to '90
to '86
1889, '90, '96
1888 A '98
1900
7
_
m
m
in 1885, $410,674; sinking funds of 1893, $149,972;
H. P.
F. Railroad bonds held, $500,000. Population by U. S. census, 1370, 6.'',901 ; by State census,
1S73, 100,810.
and leaving only about $136,277 cf floating debt
Dec. 31, 1871. The city owns leal estate and other
propCTty valued nominally at about $4,437,600.
Assessed val ne of real estate, $11,000,000, Popula-
Kochester.— The bonds of Genesee Val. RR. loan.
$173 OO'i, are provided for by net receipts fr6m a
lease of said road to Erie RR. Co. after paying the
interest out of said receipts. Valuation of property
about $62,000,000. Rate of tax, $1 3i.
San .francwtcf).- Population by the U. S. census
of 1870 was 149,482, against 50,802 in 1860.
Real
estate in the fiscal year ending June 30. 18T5, wa
assessed at $16-l,4ti6,n7; personal property at $101,763,"*67; sinking funds raised annually amount to
$J34 500. Tax rate, $1 5 per $100 for city and
county, and .619 10 for State purposes.
'Total,
i.'iit 910.
All the values for San Francisco are given
tion In 1870, 28,233, against 22,292 in 1860.
&
in gold.
Savannah, ffa.— To provide for floating debt and
maturing liabilities in 1873 and 1874 *4OJ,0O0 bonds
were issued and sold in Savannah, realizing $344,730,
St. Joseph, 3/b.— Popnlation in 1870 was 1!>,6£5,
against 8,932 in 1660. Assessed valuaticn of property,
$11,000,OJO; rate of tax, -23 mills.
St. Zfluis.— Population by the U. S. census in 1^0
310,864, against 160,773 in I86D.
The city and
county governments and finances are separate.
Total funded debt, Jlar. 13, 1876, $16,318,000. Floating debt, Oct., 1875, was, $622,000 due Gas Light-Co;
$3u0,000 Treasury warrants; and $105,000 due sinking fund. Taxable valuation of city property, 1875,
was
$l60, 126,700; tax rate
is
2 per cent.
(V. 18, p. 143.)
St. Paul, 3/t/m.— Population in 1370 was 20,030;
in 1875, by State ceusu^, 3J,2.?7. Assessed valuation
of taxable property, $13,194,383. or about one-fifth
of the actual value; tax rate, 14 mills. (Vol. 15,
p. 628.)
RAILEOAD STOCKS AND BONDS.
Jfay 27, 1876.]
liab«erlb«n wtll eont«r » gremt ffcTor hy glTln»
DESCRIPTION.
Date
Mile*
of
of
For explanation of column heartlngs, Ac, see notes
Road. Bonds
on Hint page of tables.
&
200
296
molt.. $9,000 yvr mile, not guaranteed
Kcccivcr'H bonds or oortltlcatos
Allitiin/ iC .9H«7iie/iaH»a—Stock
2il
1
«l
20i
142
142
142
142
142
liiiirtKago
Alli.iiiy City loan (sinking fund,
2(1 inor(;;iVj^c
;i(l iiuiitKivjro, sinking fund
Ooiifol. mmr. (Kuar. D.
AVftihanii Valley Stock
—
& H.)
1 per ot. yearly)
coup.,
may
be
rog..
1803
1805
1865
1860
1870
RR
<f Fred ricUshunj—Xst mortgage
ArkansaH Vei>triil—\»X & 2d mortgages, gold
AthlabnUi, YoHiiijstoirn it nUi-.—lal mortgage
2d mortgage, income
A fell iaon it ychrash'a — 1 st mortgage
Alfhimit, Topeka it Santa J"*— Ist mort., gold
Lund grant mortgage, gold (on 3,000,000 acres)
Income bonds
AUxaiutiin
l»m «dl«t« notlM
Size, or
Par
Value.
1,000
100
3,5<X),0OO
3«a
1,000
1,000
1,000
1,000,000
7
6
7
7
1,000
1 ,(M)0
500 Ac.
1,000
50
1,.500,000
2,116,500
4,()00,0(M>
1,000
&.V.
500
Ai\.
1,000
1,000
500
600
Ac,
&e.
27I3 1872
265 13 1870
87
585
585
AUnnticit Gil//— Common stock
Guaranteed stock
Consolidated 1st mortgage
^
Boutlicru Georgia & Florida, 1st mortgage
do
do
2d mortg.ige
jmantiCt Miss. <t Ohio Stock, (com'n, prof. A guar.).
l»t mort. consolidateil, golrt(for $1.5,000,000). ..
Sd mort. to the State (no interest till 1880)
K»rfolk & Petcrsburg-lgt mortgage
1st
2d
286
428
81
81
81
133
133
133
214
214
mortgage
do
2d
do
do
3d
do
do
do
Virginia & Tennessee— Enlarged mortgage
do
do
4tb mortgage
do
do
Registered certiflcates...
do
do
Interest funding bonds.
328
328
328
293
293
293
35
Jitkmlie
..
.
;
Land
S't.
Lawrence— Stock, currency
1868
1868
1871
1871
1871
1873
150
1.50
150
150
150
53
—
Central.— In default since January, 1878.
Megotlations pending fur a new adjustment.
Alabamt cfc Chaltanooga.—'Roai sold May .3, 1?75,
itt #1,200.000. subject to lion of re-civer's certili.^tes. Time for bondholders to accept extended to
jrnne 15. 1876. (V. -21, p. 38, 62, 253, 3ja, 342,511; V.
J8, p. 61,87, 135, 157.)
500
ibo
100
500 &c.
500 Ac.
500 Ac
1,000
1,000
200 Ac
200 Ac.
1,000
1,000
Var'us Various
1.50
sterliii "
AMama
1,000
1,000
100 Ac.
100
100
100
500 Ac.
500 A(^
Ac
500 Ac
.500
51
51
1868
1864
1871
1853
1861
1864
£100
£100
£100
100
100 Ac.
1,000
^
I
\
I
Sasqvehanna.—TKi road was
leased for
llnd^oii Canal
160 years from 1>^70 to Delaware &
Co.. at 7 per cent per annum, on stock and bonds.
Important cliangc
term« made in 1876. Consol.
mortgage is for $10,0; 0,0,0. of which t3,«0,000 is
to retire old bonds, and balance to lessee for im-
m
provements, which up to April, 1876, were 81,078,672.
(V. 2J, p.
•;99,
Alle'j'ian!/
493.)
ValUy.— This road was embarra=8cd
in
l"i74, and compromised with creditors.
Abstractor
operations in 1875 in annual report, V. 22, p. 392.
Alexandria
&
Fr-drickshiir-T.
—The
Pennsylvania
Railroad holds $S12,0';0 of the bonds and controls
the road. Loss on operation in 1873, $25,074.
Arkttnsaf Central. Most of the bonds were sold in
I.ondon, where $600,0*1'" of 2d mortgage bonds were
also hy|x)ihecated. Receiver appo.nted, March 1876.
(V.
-ii.
p. 374.)
preferred,
|40(t;IX)0.
Net earnings,
lij75,
J'M.ISU.
A>*rirtiJ.— Interest was in default
September, 1873. and coupons funded. Gross earnings, 187.'). $a70,!r.5; net, $27i; unpaid coupons to
Jan., 1876, t750,()0D. Ai nual report V. 28, p. 39 J.
Atchison
&
.1.
<fc
&
M.
A
&
&
&
A.
<k
M.
A.
7
5,470,000
4,000.000
306,000
157,000
458,000
675,000
621,000
452,500
090.000
963,000
87,811
226,300
8,360,300
10,000.000
1,400,000
J.
J.
7
M.
I'-
.1.
4
J.
J.
7
g.
7g.
!«•
<t
AttJiison, Topeka dk Santa Fe.—liet earnings. IS'S,
1821,1 07.
Interest is paid on $976,000 of the 3d
A
A
A
&
A
A
O.
Jan. 1,1876
July, 1888
Nov.,
im
iSt
May.
April
1,
1006
Mnreb 1.1898
$100,000 y'rlr
Oct., 1001
1804
June 1, 1896
July, 1801
1001
lOlM
Sent. 1, 1806
July, 1809
Oct. 1. 1900
Boston.
1003
do
do
do
do
77,'78,'79 A'83
J.
J.
N,
J
J.
J.
1889
1889
July
1,
1,
1,
N.y.,M.K.Jesiip, P.ACo July
Atlanta, Ga., atTreas'y Feb.
1903
1000
1876
3>9
7
7
7
7g.
A.
"s
7
J.
J.
J.
8
8
J
J
6
6
6
8
J.
J.
J.
J.
J.
8
8
6g.
6
450,000
35,128
4,964,872
787,000
1,500,000
713,000
484,000
1,022,900
336,900
100,000
do
do
do
do
London,
do
I.oudou
do
do
do
do
.
Oct. 1. 1876
Jan.. 1002
Sept.,
1902
Nov., 1003
Jitn,,
Co,'8 Olflco,
do
1002
Jan., 1903
July
I,
187Q
7
J.
J.
g.
* N..
Sarnnnah.
* '.':.. Y.,M.K.Je8upP.&Co.
& N.
do
do
A N.
do
do
A O. N. y.. First Nat. Bank
A J. N. Y., First Nat. Bank
A J.
do
do
A
do
do
A J.
do
do
A J
do
do
A J.
do
do
A J.
do
do
A J.
do
do
A J. Lynchburg ORIce.
A J. N. Y., Fii-st Nat. Bank
&
A
J.
J.
N. Y., Office of Corap'ny
A D.
A D.
A J.
A D.
l^'• Q-J.
3
P. A A.
3 g. M. A 8.
M. & N.
fig- A. A O.
6 g. M. A N.
6 g. .M. A N.
3>3
J. A I>.
6
J. A J.
7
J. A J.
6
J.
J.
J.
J.
g.
10
do
do
do
do
do
do
d«
do
do
do
do
M. A N.
A N.
S8- M.
SS- In 1901
do'
do
N. Y.,
do
Office of Comp'uy
Portland.
London, Gr. Trunk Ew.
Portland.
Trunk Rw.
do
do
do
do
Savannah.
Phila., Farm. A M. Bank
do
do
Ixjndon, Gr.
.
1875
July, 1887
Oct.
1,
1901
Jan. 1 1877
Jan. 1, 1877
July 1, 1803
Jan. 1, '84-'00
.Ian.
Jan.
1, '84-'90
1, '8»-'90
1, 1884
July
Mch.
1,
.Tan.
1,
July
1.
1000
1875
1880
1888
1888
1891
1891
Nov. 1, 1901
Dec. 1, 1883
June 1, 1885
Dec. 1, 1883
Dec. 1, 1883
Jan. 1, 1884
F-eb.. 1876
Mch. 15, 187G
May 2, 1886
Oct. 1, 1884
Oct. 1, 1891
Nov. 1, 1878
Dec. 1875
July 1, 1881
July 1, 1884
July,
July,
Nov.,
Nov.,
In October, 1875, In London, the company
mad<! a proposal to fund whole coupon then due,
on consol. bonds, and four-sevenths of cnpons-dne
up to 1681, i)ayiug three per cent cash 011 coupons
till 18.'il, and balance, if earned. This {jropositiun U
still
before the bondholders for their assent.
bill to foreclose t>ie consolidated niorlgace was filed
by the trustees thereof, at Richmond, Va., March,
Extract from President Mahonc's circular to
1876.
bondholders, showing the financ'al condition, is
given in the Curoniclk, V. 2J, p. 2o(. (V. 81, p.
569, ^91; V. 82, p. 110, 231, 880, &7.)
issued.
A
V. 21, p.
./lUan {« <f. Padfo.— This was a consolidation, in
Pacific and So. Pacific,
Oct., 1870, of the Atlantic
The laud gran lamounta to some 1,000,000 acres.
Interest was passed .Ian. ,'74, on the land grant bonds,
the 8d mortgage and the interest scrip, but coupons
funded
A break in the company's aff:drs occurred
in October, 1875; the Missouri Pacific lease was surcndered and complicated litigation against the
Pacific Company, ommcnced on tho
Atlantic
ground of frand in the Missouri Pacific manageInterest of
Receivers were aj pointed.
ment.
Great irf«<i?m.— This road was leased
A
to the Erie for 99 years from May ',.1874, bnt the
Shortly after (in
lease did not go into effect.
July, 1874) default was made on its bonds. The
last annual report, to Octnber 1. W,\ will be
found in V. 2;, p. 37'. Proceedings looking to
re-organiZ!ition sre in progress, and a considerable
amount
es
do
do
A
A S.
AN.
A J
A J
& J.
Atlanta A West rbint.— The rond has paid 8 per
cent dividends for some years; it has about $300,000
of bonds.
•.S9,
(Jo
.1
2,829,0O0
2,015.500
1,189,000
795,000
Ac, V. 22, p.
(V. 20, p. 14, 8j;
14, 85, 323, 418, 488, 612.)
d
O.
N.
do
do
do
do
A O New York aud
7
7,188, .500
1.3i.
tic
A
do
ll«- J. A .1
?«• A. A O
—
AUa
v., B'k of Commerce.
J. N.Y.,IJel.
Uud.Cau.Co
J N.
N.
?«
12
June, 1001
Jan.,
Jan.,
7-30 ,1. i J. N. Y.,Wlnslow. L. ACo
5
Jaii'ary llarrlsliiirg. Treasury.
7 or g A. A O. I'hlliidelphiaor Loudon
7
A. A O.
Pitlslmrgh.
7
J. A D.
Phlla., Penn. RR.
8&7g. J. A J. f.ondon A Amsteiilani.
A. A O. N. Y., Winslow, L. ACo.
J. A J
Pittsburgh, Penn. Co.
8
M. A 8.
lioston, at Onice.
7g. J. A J. N. Y., O. OiMlykeACo.
A. A O.
Boston.
Atlanta (f Ttichmond Air Line. Di-fanUed in 18^3,
and now in litigation. A decree of sale In foreclosure was made October, 1875. Report of earnings
J.
J.
'
of -iecnriiies has been deposited by holdwith the London Committee. (V. 20, p. &5. 1.39.
499, 592: V. 21, p. 136, 169, 230, 393, 410; V. 2J,
A
p. 181, 3.7,352,)
Kffo, on land grant bonds was not paid,
Interest on the .3d mortgage bonds of the
Missouri Pacific is also urnaid. The latter were
mostly held by the Atlantic * Pacific Company
for improvements claimed to have been put on the
Missouri P,iciflc road. (V. 19. p. 39;; V. ». p. «8;
V. 21, p. 9, 418, 440, 4«6; V. 83, p. 61, SS2, S7J, 471.)
January,
Atlantic cfc <?«//'.— Gross earnings in 1875 were
Tlie O mearnings, $32'',9iP.
net
$965,869 ;
pany also has $5(X),f(X) 10 per cent coupon notes
(V. 91, p. 276,
4S8 ; V. 8J, p.
outstanding.
and
469.)
AAtahu'a, Vouigstown c6 Pitls.— It in leased and
oper.ited by Pennsylvania Co. at cost. Net earnings
paid to lessor, but 'eesee guarantees interest on
Ist mortgage for
five years.
Common stock,
$1,5011.000;
.1.
8
consol. mor'gare bonds, but on the balance of that
issue the coupims are funded to Oct. I, 1376.
(V.
21, p. 63, 13«, 3Ja 591; V. 22, p. 832, 327, 44 S.)
;
<t
15,165,200
11.980,080
28,783,000
5,355,000
3,568,000
2,000,000
1 ,748,500
3,093,200
786,476
2,310,200
404,000
200,000
1,290,500
100
•£100
1,000
8
N. Y., Tliird Nat. Bank.
24,795,298
9,876,250
599,.300
1873
1874
Portland city bonds, 1st mort., sinking fund
Sd mortgage, sterling, 5-20 years
3d
do
do
do
Sterling bonds, not mortgages
Avpusia <£ Savannah Stock
Saul Ea:/le Vo//cv— lat mort., s. f.($5,000 per year)
^d mortgage ($5,000 per year)
Albany
l,2:t2,200
753,000
362,500
tlchontures
d-
3,374.000
475,000
3,050.000
502,000
475,000
523,500
412,000
4.248,000
0,3S»*i,9OO
1871
1871
1857
1857
18G8
1866
1866
1800
1854
1865
1869
.
Atlantic
Stock,
1867
Ac
Ac
500 Ac
.500
!)00
428
do
do
it Pacific—Common stock
Preferred stock, Missouri division
do
do Central division
Ist mort. (Southern Pacific), gold (laud grant).
let mort. (At. & Pac), gold, on 500 acres land.
2d mort. (At. & Pac, Mo. Dlv.), gold
l8t raort. (Cent. div. At. & Pac), gold
do
do
do
land grant
Income bonds tor funding
Equipment bonds
Interest .^crip (exoUangoable for bonds)
Plain boiRls, scrip excuauged
1871
1871
1871
1872
1873
1873
58
58
— 1st preferred consolidated
do
do
!
346
—
do
do
100
100
100
7,041,(K)0
2,416,3(M>
466
460
460
(.$1-2,000,()()0)
2d
do
do
do
3d
do
(.$29,000,000)
Leased lines rental gold bonds (CI. & M.)
do
do
(P. P., P. V. and S. & A.)
Western E.xten8ion certitlcates (CI., Col., Clu. <fe I.)
do
do
do
bonds
do
do
South Side
1,000
1,000
3.400,000
10,000,000
5,418,000
1,000,000
1 ,200,000
1,500,000
400,000
3,750,000
& J
J.
7
384, (MM)
1,000
100
8
933,000
2,000,000
132
262
110
Noti'S
Old 1st mortgage bonds. Ohio Division
1st general mortgage ($ I S ,0( lO.noo)
Dlvl
91,000,000
5,220,000
2,673,000
1 ,200,000
bonds, gold
liami income bonds
Pol ta wattomii' bonds (contingent)
WirhitM A- Sciiitlnvcst. (lca.sed) 1st M., gold, guar..
AUntilit it Rirhinimil Air iine— Ist mortgage
AtlntitH it Wesl JI'oi»»(—Stock
Atlantic it Great ITesfenj— Stock (total $40,000,000)
Pri'fcrred stock
or anr error 41s«oyar«« la (taOM Tablaa.
)toiirf»— Pr5i3.
TNTEREOT OR DIVIDENDS.
inU. When Do*.
Amount Rate per Wlien When Paynblr,
aud
by
MorAf—LMt
Outstaudlug
Cent.
Payable
Whom.
2(12
1800
1870
1871
1874
"si
1866
48 1871
C2>a 1871
62 >a 1874
150 1871
470 1869
1870
(i/incral moi'tKago
Ifmiii.s to .Sfutc I'a. (endorsed) 2d mort
1»l iiiiirt., Ivist'n Kxti'U., guar, by Pa.
l•'lln(lill^' liicomt' bcmds, with trallli' guarantee
Ooiisol.
1871
1860
1860
1872
81
Merid.)— 1st raort...
A/'ilirrmn Central -(S^ehwn
Aliiliiima <f6'An//.— lstniort.,Kol(l, K»ar. by Ala
xifl
—
Of the stock
Atlantic, MlsMtsiirpi <t Ohio.
$5,845,703 is common. 1800,000 preferred, and $876.company,
itself,
tho
holds
guaranteed;
200
the preferred,
of the common, all
$3,441, '-"00
G.oss
guaranteed
stock.
earn$lli."»,700
of
the
aud
ings year ending September 30, 11*75. $1,78?,-153;
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,(XX),000 loan enough Is held to retire all the
The company funded one coupon on
old debt.
old bonds. Jan., 1874, bnt paid subsequent coupons
Funding notes due 1875 and 187a were
in part.
—
Atlantic Jk St. Lmnrene*. Leased for 999 years,
from July. 18S3, to Grand Truuk Railway of
Canada. Annual rent, 6 per cent on bonds and
stock.
A ugusla
<*
Sot-annoA.— Lea-ed to Cenlrsl of Georannum has surplns fund tt
gia for $73,(HI0 per
;
about $50,000.
I
Bald Eagle ro/fe*.— Leased to Pennndranla Rail
road at40perccntof groes receipts. The Peniisjrl
vania Railroad holds all the id mortftge tends.
KAILROAD STOCKS AND BONDS.
XIV
stSI
[May
27, 1876.
by etvlac immediate notice of any error dUcorered in tlieae Tabic*.
J^oHrfs— Prlncl
INTEREST OR DIVIDENDS.
Miles Date Size or
When Do*.
Amount Rate pe When Where Payable and by pal.
par
of
of
Stitcks — Last
Road. Bonds Value. Outstanding
Pay'ble
Cent.
Whom.
Dividend.
8a(>«crlbers irlll conler a great fiavor
DESCRIPTION.
I.
For explanation of column beadinge,
on first page of tables.
SMimor*
&o., Bee notes
WasUluKton braucli
Ijoan, 1850
Loan, 1853
do 1870, sterling, £800,000
1850
1853
1870
1855
,
Baltimore loan. 18o5-'90
Debentures, sterling
Sterling mortgage
sinking fund
do
do
Purchase of Connellsv. KR (payable $40,000 y'ly)
NortUwcstcru Virginia, ad mortgage, 1855-85 ...
Baltimore <l Potomac— \»t, mmt (tunnel) gold
Ist mortgage, gold, (main line)
2d mortgage, income, main Hue and tunnel
Belleville cC South. /«.— Ist M., sink'gfund, guar
Belciriere Del.— let M. b'ds of 1862 (guar, by C. & A.)
do )
do
2d mortgage, bonds of 1854
do
do )
1857
(
do
do
3d
of
1
867
Consol. mortgage
•
(
BertoiAtre— .Stock
$100 $13,144,100
100
4,348,469
100
1,650,000
588
52
30
OAio—Stock
<«
Preferred stock
—
Boetan <t Albany Stock
Albany loans (Albany & West Stoekbridge)
Dollar loan
Loan of 1875, coupon or registered
Boston, Clinton it FUchb.-let mort., Agrlc. Br
1874-J
1872
1874
1875
1855
1871
921* 1871
92 >4 1875
56 1866
67 1852
1854
1857
1876
21
270
39 1841
411
421
Mortgage bonds 1869-70
Equipment notes
Boston, Concord it Montreal— Preferred stock
Com. stock (for old dividends & new stock)
Sinking fund bonds
Consolidated mortgage bonds (for $2,000,000) ....
—
Boston A Lowell Stock
Mortgage, wliarf purchase
3,000,000
1,133,000
1,100,000
1,000,000
499,500
745,000
1,000
100
100
600,000
20,129,282
103,000
4,790,000
800,000
400,000
499,600
600,000
800,000
1,000,000
624,000
"e'
1,309,500
3,250,000
3
200,000
6
999,500
7
500,000 7 or 6g.
3
7,000,000
2,000,000
7
500,000
7
4
4,000,000
500,000
7
580,000
7
313
950,000
1,922,000
7
262,000
7
200,000
7g.
2,582,000
6 g.
10
805,500
5,400,000
2,200,000
7 g.
1.800,000
7 g.
800,000
l^2,000,000
?«•
4,638,250
308,500
8
300.000
8
290,000
8
407,000
8
5,715,000
8
600,000
8
1,034,000
20,000 p. m.
2,500,000
7
3,500,000
7g.
1,000
1,000
1,000
1,000
1,000
1,000
100
100
100 &c.
100 &0,
500
160
1858
1873
6&7
1872
2d mortgage
Consol. mortgage
Buffalo, N. X. d Philadelphia— l%t mort., gold
2d mortgage (for $1,000,000)
Burlington, C. liapids iC Minn. — Ist M., gold s. f
Ist mortgage, gold (Mil. div.) coupon or regist'd
Pacitic extension bonds
Muscatine western extension
Income and equipment mortgage
Burl.it Mo. Kic.—lst M. on r'd& 400.000 ac's I'd ij.
Bonds, conv. into C. B. & Q, st'k (3d series). a t^
1
P 4,
b'ds, conv. C. B.
CI. st'k (4th ser.)
-»1st mortgage, conv. do. on branch (5th ser.)
Convertible
bonds,
Q.
-, C. B.
. st'k (6th ser.)
Burl, it Mo. in Neb.— Int M., conv., land gr. . ) Coup
-
-
Sv.,
Southwest.
.
1882
Ist mortgage, guar
Bonds, convertible
Omaha & 8.
I
'
&
&
Income
it
1,.500,000
500
500
1875
1854
Bonds
New mortgage bonds ($750,000 authorized)
Boston it: Jfaiue—Stock
Bonds, coupon and registered
Boston a New York A ir-IAne—lat mortgage
Boston it Propirfencc— Stock
Bonds to purchase branches, coupon or registered
Buff., Iirad.it ruts.— Geu. M.,(incl. 10,000 ac. I'd
Buffalo, New York it £;•£«— Stock
iBt mortgage bonds
Burl,
1,000
1,000
1,000
1,000
1,000
69-'70
160
113
f200
£100
£•200
1871-2
29
43
579,500
1,710,000
3,398,956
3,253,026
3,872,000
9,198,852
9,576,000
1,000,000
140,000
till
Jan.,
,
>
— Ist mort., cp., may be
o*
may
jberg.
reg
Louis— iBt mortgage
Cairo
Cairo it ViiKennes-lat mortgage, gold
California Pacific 1 st mortgage, gold
2d mortgage, endorsed Uy Central P.aclflc.
Camrfen <£• .Ktoftttc— Stock ($838,150 of itpref.)....
it St.
—
1st mortgage
2d mortgage
Camden it Burlington Cn.— 1st mortgage
Canada Sotithern-l^t M., gold, s. f., cp. &
reg.
Can. S. & Det., Ist mortgage
Carolina Central Ist mortgage, gold, coupon
Income bonds, coupon
Catawissa Common stock
New jireferred stock
Old preferred stock
Tol.,
—
—
100
143
1873-4 500 &c.
1875
1,000
52
63
100
1873
"26
142
140
1,600
100
1857
1871
1873
1869
1872
2414 1872
31 1872
1874
281 1863
1868
1869
40 1869
1870
1869
ib'i
1873
"49 1872
105 1870
150 1871
156 1871
141 1869
141 1871
60
60 1853
60 1855
31 1867
291 1870
242
242
100
New mortgage
100
1874-5
$10,'<14,n8
n,6«3,955
$4,332,'J06
lSr.3-4
6,018,01)0
$47,17^.134
4.^STB,927
1872-3
12,55?,'<41
1871--J
10,654,472
4,934.796
4,532,072
88,5(17,899
2.I.161,399
The gross earnings of the main and all leased lines
in
1874-75 were $11,426,552, and net earnings,
The company claims a surplus of
^,490,098.
$34,023,566, in the value of its assets above its
stock and debt, which surplus is reprcsrented
chiefly by securities of branch lines, received
for advances made by the H. tfc O. In Dec, 1875,
the operating contract with Pittsburgh & Connellsvills road was ratified, by which B.
O. gnaraTilees
$I0,00>1,000 bonds.
See report in Chronicle, V. 21
(V. 20. p. 18.3. 381. 404,
p. 4 8T, and V. 22, p. •I4«.
453, i92; V. 41, p. 371, 511, 591; V. 22, p. 374. 446.)
&
Baltimore & Potomac.~TM» is the line of the
Pennsylvania Railroad from Baltimore to Washington. The bonds are guaranteed by Penn. RR. and
Northern Central. Last annual report V. 21, p. 37.
BellevUU
<t
SMlhcrnlUinois.—LeaseH and operated
St. L. Alt. k T. H. Co. on a percentage of gross
earnings. Gross earnings, '75, $279,337. (V'.20, p.380.)
by
BeMdeie Delaware.— Sioc^ is $995,700. Leased to
United Co.'s of N. J., and lease assigned to Penn. RR
Net earnings go to lessor. In 1875 net earnings of B.
D. were $223,404, aiiainst J! 6.367 in 1874. Floating
debt, $1,245,392.
(V. 20, p. 488.)
BerksMre.—LcaaeCt to Housatonic, at 7 per cent
per year on stock.
Boston & Albany.— The Boston & Albany is the
main western trunk line of New Enirland. In past
three years the following has been its exhibit:
1,600
1,000
1,000
1,000
1.000
50
500
500
500
500
&c.
&c.
&c.
&c.
&c.
,500 Ac.
500 &c.
1,000
1,000
1,660
1.000
1,000
2,2,50.000
1,600,000
1,215,550
490,000
500,000
100
1,000
1,000
500 &c.
350,000
9,000,000
1,500,000
3,000,000
3,000,000
1,159,500
1,000,000
2,200,000
230,500
209,850
1,300,000
1,000
1873
1874
i',()6o
1,000
50
"50
1
1,000
1,000
1,000
1872
—
:
500 &c.
100
65
Ist mortgage bonds
Chattel mortgage bonds
Baltimore & Ohio. The B. & O., in comparison
with its rival trunk lines, claims a much tinjaller
capital account in porpoitlon to the vjlud of its
property. Ihe gross earning of main stem a->d
branches, and financial condition of B. & O. Co.
for four years were as follows
Gross
Net
Stock and
Earnings.
Earnings.
Debt.
1,000
140
140
121
121
219
94
& N.
Baltimore Office,
& N.
do
& O.
do
6
J. & J. Bait., Mech's Nat. Bank
Baltimore Office.
G
A. & O.
I^ondon.
6
M. & 8.
Baltimore Office.
6g. J. & J.
J. & 3. London, Naylor & Co.
London.
M. & S.
do
%' J.A. && O.
J.
Baltimore.
6
J. li 3. Bait., Mech's Nat. Bank
6g. 3. & J. Baltimore or London.
& O.
do
do
%' A.
J. & 3.
Baltimore.
A. & O.
N. Y., Russell Sage.
8
6
J. & D. Trenton, N. J., Office.
M. & S.
PhUadelphia.
6
6
F. & A.
do
J. & J. Treasurer, Trenton.N.J.
7
1%
Q.-J. Boston, Kiauor, P. &, Co
M. & N.
Boston Office.
5
6
J. & 3.
do
F. & A.
7
do
J. & J.
do
7
J. & 3. Boston, Boston N. Bank
6
3. & 3.
do
do
7
A. & O.
do
do
8
M. & N.
Boston Office.
3
5
3
5
M.
F.
F.
F.
Earnings.
and Debt
$i6,4r'',282
25,4.'2,I00
2,411,916
24.18.3,100
2,23!i,873
t.5,O0O,()O0 new bonds were authorized in Feb., 1875.
(V. 20, T.. 14. 162, 69J; V. 21, p. 464.)
—
Boston, Clinton <6 Fitchburg. The stock out^tanding is $872,600. Net earnings for the year ending
September, 1S75, $4 il 202; a dividend of 3 per cent
paid on pref. stock Jan., Ib76.
(V. 21, p. 84, 591
V. 22, p. 471.)
Montreal.— Ptobb earnings for
Boston, Concord
the year ending with March, 1375, were $6ti4,194;
net earnings, $110,208. There are also $76,000 old
&
520.)
Boston ik Lowell.-OperatcA with the Nashua &
Lowell, which receives 31 per cent. (V. SO, p. 65;
V. 22, p. 42 )
Boston <fe Maine. Net income, 1874-5. over interest
—
payments. $607,97'. Poolseamings from competing
points with Eastern. (V. 20, p. 14, 614; V.ai, p.
633
V. 22, p. 260.)
Boston et N. Y. Air iin«.— Foimerly N. Haven
Middletown
represented
&
Wil.
now by
Road
cost about $«,000,no>,
$3,0O0,0(KI pref.
stotk and $1,-
common.
Boston & Providence.— Tht bonds and al?o $954,000
notes have been issued for purchase of branch
roads. Total income, 1874-5, $1,581,258; net, over
operating expenses, $147,2.%. (V. 21, p. 5bO.)
Buffalo, Bradford dt f^tsburgh-VndQT perpetual
lease to Eiie at $40,6(;0 p.-r year.
Buffalo, New York cfc .ffri'.— Leased to Erie in
1863, for 490 years, at7percent on stock and interest
and sinking fund on bonds. In 1873 Erie boniht
$530,e00 of the stock at $150 per share. ( V.20,p. 61 ,614.)
Buffalo, New Yo' k S Philadtlphia.—Th\e is the
connecting line of the Philadelphia & Erie with
Buffalo. In 1874 the net earnings were $136,8(3.
Bunlnglon, Cedar Rapids A Minnesota.— In 18T4
default
was made
in interest.
A
Boston
1880
1885
1895
1890
1876,'78 &'80
Mch. 1, 1902
1910
1876-1900
1885
July
April
Jan.
1911
1911
1915
1886
1,
1,
1,
1,
Oct.
1877
1885
1887
Jan. 1, 1916
April 10, 1876
May 15, 1876
July, 1876
1891 to '92
July
July
1,
1,
&
1889
1895
1884
'90
1881, '82 &^
May
15.
1889
Office.
1
li
3.
m.&"n.
$2,-!62,147
000.001
"&"j.
1876
1876
1,
1,
A.
312
Earnings.
(V. 20. p.
J.
3
lS;4-5
S7,li34,139
I87:V4 .... 8,9(1.3.128
ISri-a
9,798,0i3
in 1865.
April 17, 1875
7
Total Stock
bonds due
May
May
A.
do
1893
& O.
do
Jan. 1, 1875
& 3.
Boston, at Office.
A. & O.
do
do
Oct. 1, 1879
do
April 1, 1892
A. & O.
do
May 15, 1876
M.&N.
Boston, at Office.
Jan. 1, 1893
M. & N.
do
do
Aug. 1,1895
New York.
F. & A.
May 15,1876
M. & N.
Boston, at Office.
July 1, 1893
do
do
J. & J.
New York, Erie RR. Jan. 1, 1896
J. & J.
F. & A.
N. Y., Erie Bsiilway. June 1 1, 1875
Dec. 1, 1877
J. & D.
do
do
M. & N.
do
do
do
J. & D,
do
J. & 3. N. Y., Farm. L. & T. Co, July 1, 1896
July 1, 1893
3. & 3
do
do
M. & N New York or London. May 1, 1919
F. & A.
do
do
Feb., 1902
Jan. 1, 1909
do
do
J. & 3.
do
Sept. 1, 1908
M. & 8.
do
June 1, 1904
J. &D.
do
do
A. & O. Boston and New York Oct. 1, 1893
3. & 3. Boston, by Treasurer.
July 1, 1878
A. & O. Boston and New York. April 1, 1879
do
July 1, 1894
J. & J
do
do
July 1, 1889
do
J. & J.
Boston Office.
July 1, 1894
J. & J
Jan. 1, 1883
J. & 3.
do
June 1, 1896
3. & D
do
Boston, Co's Office.
May 1, 1895
M. & N.
Oct. 2, 1901
A. & O.
A. & O New York and London.
Oct., 1909
Jan.
Nat'l
Park
Bank.
1, 1889
& 3. N. Y.,
Is- J.
1891
do
do
6 g. 3. & 3.
Office.
April
Camden, Co.'s
15, 1876
2
Q.-J.
Jan., 1893
?S- J. & 3. Phila., Farm. & M. B'k.
do
Oct., 1879
A. & O.
do
1897
F. & A. Phila. and Mt. HoUy.
6
Jan. 1, 1906
J. & 3. N. Y., Union Trust Co.
3. & 3.
I- 3. & 3. N. Y. Office, 4 Broad st. July 1, 1923
do
April 1, 1914
A. & O.
do
Net
Gross
M.
M.
decree of sale in
Philadelphia.
&N.
& A.
& A.
& A.
do
do
277.
16,
16,
Feb.
1.
1888
Philadelphia.
do
foreclosure
85,
May
May
was made November.
35 0,
591; V. 23. p.
a74,
1876
1876
1882
to '89
1900
Feb.
1,
1875.
(V. 21,
p.
495)
—
Burlington tfe Missouri Biver. An agreement of
consolidation and a perpetual lease to Chicago, Bur.
&
(iuincy, was made in Oct., lSi'2. In Aui^ust, 1675,
Q. was issued in place of
stock of Chic. Burl.
stock of this Co. and for convertible bond-. Annual
report V. 20, p. 335. (V. 20, p. 139; V. 22, p. 87.)
&
Burlington &, Missouri in Nebraska— T\k ftock ig
report of company's operations. Ac.,
$8,583,750.
lo Jan. 1, 1376, ha? not been published, but we
have the earnings in 1875 as $;23,843, and expeasesi,
$351,643. The total land sales up to Jan. I, 1876,
amounted to 731,'04 acres for $a,835,675, irfter deductions for dead contracts.
(V. 20, p. 289, 593; V.
22, p. 471.)
Burlington it Southwestern.- 'Deffia]tei Nov., 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
A
—
Cairo <£ St. Louis. Defaulted in 1873 by failure
town and county bonds. Road completed
Febniary, UK.
(V. 20, p. 269, 313; V. 21, p. 31,
441
V. a, p, 3'<2.)
Cairo <fc R/icen««i.— Defaulted in 1874. In hands
of receiver. (V. 20, p. 499; V. 21, p. 03, 3)2; V. 23,
to receive
;
p. 44-i.)
California Pacijie. -Extension bonds of $3,500,000
and incomes Of $1,000,000 have been in default, but
a proposal offered by Central Pacific. (V. 21. p. 319.
AlsoV. 20, p. 6,6; V 2!, p. 159, 877; V. 22, p. 18!,
280,19-..)
Camden
Camden
S Atlantic.—Tlet earnings. 187.1, $207,6(9.
& Burlington Co.— Leased t) United
Companies, at 6 per cent on
$.382,000 stock.
Canada Southern. — Defaulted January,
1874, and
coupons funded, but interest not pait .Inly, 1S75.
In January, 1876, supposed to have passed intoN.Y.
Central control. (V. 2i. p. 159; V. 22, p. 16. 399.)
Carolina Central.— 'FoTmuT]^ Wilmington. CharPassed interest January, 1878.
lotte & Rutherf urd.
(V. SO, p. 15.)
Cataivissa.— Leased to Phila. & Read., Oct., 187S,
preferred stock dividend to be 7 per cent
In 1875-8 and afterward. (V. 20, p. 381.)
New
May
RAILROAD STOCKS AND D0ND8.
27, 1876.]
»ub »crlb«r» will conftr a graat favor bj KlTtm Im andlato Botiee of anr error discovered In lli»ee Tables.
Uomlt-JMaeU
DESCRIPTrON.
rUTEHEgf OB DIVIDBMU6.
Miles Dat« Size, or
PKl, Wlieo Do*.
Anionnt
of
of
'or explanation of column lieadingg, Ac, see notes
par
Kete per Wben Where pnysble, and by mnck»-\Ml
OutatsndiDg
on
page of
tlrst
Road. Bonds
tables.
^ayuga—^ Ht mortgage, gold
''XifUfjii if Snsmiehanna —Stock
lila'r h'dllH 't J/iHH.— BonclH on 1st div. sink, fund
ItondN on '2d division, sinking fund
iOedar liuiiiila <t Missouri— Coxamon stock
Profi'ii 1(1 Htock, 7 percent
1st mortgage
I
do
do
R. it Bank, aa.—9tocV
lciiir:il loort^'age Oolnt) bonds ($5,000,000) coup.
Macon A- \V,-.Hleru Ijonds
lioiids lui- stoaui8liipH
fcntral «/ y«ira— 1st mortgage gold, coupon
2d mortgage, gold, $1,000 per mile
iitntl
n.
(
I
lOentral
iif
Xew ./ccsej/—Stock
Mortgiigc iHtiHlM
Hoiids (loTivcrfil)lc Nov., 1875 to 1877)
CoiiHolidiitcd mortgage (for $25,000,000)
1st mortgage
LcLlgli & Wilkesbarro Coal Co., 1st uiort. guar
1871
$1,000
100
14
61
1864
1866
500 *c.
500 &(^
274
128
70
58
146
295
615
1861
1863
1866
100
800 Ac.
500 Ac.
500 Ac,
231
231
291
74
"97
Newark & New York,
7
do
do
Consul m.. coup. guar.
Am. Dock A Imp.Co., Ist mort., guar. Cent.of N.J.
ntrnl 0/uo— Common stock
:
Value.
40
1869
1871
Ac,
1,000
100
1869
1872
1874
1867
1874
1875
1,0(M)
1,000
4,47iy,000
11,000,000
600,000
10,000,000
5,000,000
3,000,000
£200
1,000
1,000
50
50
2,437,9.50
1,000
2,500,000
54,275,500
1.37
137
137
Iral i'Kct/fc— Stock
1213
1st mort.. gold, (.sinking fund, $.50,000 per year).
742 1865-S
.sulionlimite lien, Califorula State aid, gold
50 1864
Hoiiils, (formerly convertible Into U. S. bonds)
138 1802
1 St mortgage on San Joaquin Valley Branch, gold
140 1870
II. S. Loan, (2d Hen on certain terms)
742
Western Paeitle, Ist mortgage, gold
158 1869
do
Government lien
123
Cal. <fe Oregon, Ist mortgage, gold (guar by C.P.).
152 1868
C. P., 1st mort.. on C. i O. Br. ($7,200,000 g.)
152 1872
San Francisco O. & A., 1st mortgage ($1,500,0(X))
20 1870
l.ind lionils on 11,722,400 acres
1870
"85
inirlolle Columbia <t Aug i(sla—lat m. (C. &A.)
do
consolidated
195 1869
2d Mortgage
1872
"23 1871
Chnrtit'rs— ist mortgage
••hfvrji Vatley Shar. <t 4/.— Ist mort., convert
21 1869
^ftj>riil:t'J^ O/uf)— stock
427
^t mortgage sinking fund gold
427 1869
<1 iiinrt. exten. (2d on 427 miles) coup, orregd..
1872
JJcliciitnrcs convertible into 2d mortgage
1872
1st nu.rignge, (Va. Cent. R. K.,) guaranteed by Va.
:id moitgage,
do.
do.
coupon
Income mortgage, (Virginia Central K. R.,) coup.
Fiiiiilcil interest, coupon bonds
Income bonds (for funding)
1874
CA(w/(//'c— Stock, preferred
04
Bonds, not mortgage
f'kf-sler Vnllci/— 1st mortgage
"/p iVrtwo <e A rtou— Common stock
649
Preferred st'ck (7 n. c. y'rly not cumulative) ....
649
icneral mortgage, sterling, for $8,000,000
322 1873
1 s t mortgage
220 1803
Income bonda (a 1st lien on income)
220 1802
Joliet it Cliicago, 7 per cent, stock
38
do
do
Ist mortgage, sinking fund
38
1857
St. Louis Jack. & Ch., 1st mortgage
1.50
1804
do
do
l8t mort. assum. by C. & A.
37 1804
do
do
2d mort. assum. by C. & A.
37 1868
do
do
2d mortgage
1.50
1808
lymisiana i Missouri, Ist mortgage
101
1870
(,'liicago .t III. Riv.. 1st mortgage,' guaranteed
Ih iciif/n, Ilurlinglmi it Qitiiici) -Stock
825
St mortgage, sinking fund, (trust)
460 1858
ousolUlatcd mortgage coupon, (for $30,000,000)
825 1873
Northern Cros.i R. R. 2d. mortgage, gold
100
I'rast mortgage (Burliugton to Peoria)
96
Plain bonds (coupon or registered)
1872
liondsof 1S75, (sinking fund $13,860 per year)..
1875
Carthage & Burlington, 1st mort i
32 1869
Dixon I'eoria & Hannibal, 1st m. Coup, but m.^y
40 1869
American Central, 1st mortgage (be registered,
51 1868
Peoria &. Hannibal, 1st mort
31
1808
1
100
•/
.
1,000
1,000
,
I
1
I
I
1
Cayuga.— The Cayuira Lake road was sold under
second mort;jage, and this Co. organized. {V. 19, D.
sro.)
Cayuga <* .S'iMywAanna.— Leased in perpetuity to
Delawnrc, Lackawanna & Western. Dividends, 9
per year.
UBS
.
1839.
.
1870 ...
wa...
.
7
7
7
*/?
6g.
7g.
Ik-
^'
1,970,(XX)
i',6()o
6,000,000
1,291,(M)0
1,CK)0
500 Ac,
100 Ac,
1,000
1,000
15,898,401
15,000,000
5,420,000
500 Ac.
ibo
100
I'6
8
8
1,220,331
2,153,300
774,600
7
2
6
J.
J.
500,000
0,937.800
7
M.
M.
M.
4
1,000
1,000
1,000
1,000
1,000
1,000
7
7
700,000
27,512,842
2,719,000
9,916,000
941,000
678,000
1,000
1,000
500 Ac.
500 &i-.
1,000
1,000
J.
F.
7
5
8
2,155,.500
7
455,000
207,000
597,000
435,000
322,000
5
8
8
8
8
Expense?. Net earn'gs,
$1,617,268
$1,961,976
1.878,028
3 729.412
2,.379,l9!
1.3.V).220
4 010,121
2.642.163
2,512 217
8,706,144
4,23i.K06
4,215 .584
4, '40.601
4,128,727
1,367,958
4,313,514
.
H.HI, 379
.
7.120.718
.
H,88l..366
.
8.5-9,631
.
7,4U,637
1,472,376
1,!^81,2!»7
3,1:j5
235
Cfdar Falls it Ulnnesola. —Letaod to Dubuque
.Sioax City, and sublet to Illinois Central at *1,500
per mile yearly, and a per cent of all earnings over
$•3,500 per mile.
Cedar Rapids A .Wssouri.—Le&aci to Chicago &
Northwestern at J mi of first ^lijOO gross earnings
per mile; one-third of the next |::),0(X) per mile, and
one-fifth of all above that. (V. 2
p. 162.)
Ohio RR. In 1866
Central OAh.— Leased to Bait.
for 2 ye.irs. rent 35 per ceTit of gross receipts for 5
years, and 40 after. Pays 6 per cent dividends.
',
.
.
2,8-3.912
»l,i99.S?l.
417;
V.
(V.
20.
p.
239, a35, 398;
V.
Central of l9wa. —Deere:*, of
8-j,
p, 372,
22, p. .304.)
sale In
made Oclober,
21, p.
81,
foreclosnre
1875.
(V. an, p. 15, 85. 2;K, 546;
3(W, 417, 465, 511; V. 22, p. 110, 495.)
V.
Central of New Jersey —The annual report for
1875 was given in Vol. 22, p. 326. showins
gro.M earnings of $7,111,0:6: net, $3,282,909. Of
The consolidated mortgage sufilcicnt will be held
to pay all the prior issues.
This company also
assumes $2,310,000 of Lehigh Coal
Navigation
Company's debt and $S 6,793 of the Railroad Car
Trust (,'onipany.
The following table shows the
receip's, expenses and net earnings, fiomthe beginning of 1803 to the present time; Including, since
1870, those of the Lehigh & Sut>quchanna Division:
4,449,0!0
3,28:,910
A
'
Central Padfic. --Oms earnings i 1874 were $14,531,355 (currency), and net earnings $-,682,378. Land
grant statement. V. il. p. 136. An abstract of the
annual report for 1874 19 ulven in the Chronicle,
V. 21, p. 25 I
Gross earnings, '75, $17,021,015; exA fetpenses", 87,417.944; net earnings. g9.i 03.071
tiement with bondhol(lcr.^ of California Pacific has
been propose;!, by which the Central Pacific guaran(V. 20,
tees certain new bond» to a limited amount
p. 8, 37. 42. 178, 18?; V, 21, p. 159, 48J; V. 22. p. 61,
.
233, 352, 471.)
CharMte, Columbia
<fc
_-!»ffiM<o—Stock l» *5.578,-
Net eai-nirgs in the year ending; September 30,
COO.
1875, 82.50,')n4, against $ 2o,73,! the previoas year.
Floating debt retired May, 1876. (V. 21, p. 590; V.
22, p.
134,471.)
186:)
1«4
1865
2,587.185
8,086,390
Expenses. Net earn'gs.
$814,712
$l.li7.24l
l,23t,5i4
1,748,414
l,28:.8j«
A
St. Louis, and
CA/ir^i«r».— Leased to Pitts. Cin.
operated by Penn. Co. Net earnings go to lessor—
In 8.5, $)4,727. (V. 20, p. 427.)
Chern/ PiSev, Skar. <t Xi. -Transferred to Dola
ware A Hudson Canal Co., April, 1875. Interoct
unpaid in December, 1875. (V. SO, p. 404.)
1..30.%631
Chetapealx
do
do
N. Y.,
July 1. 1002
Julyl.'77to'03
do
Am. Exch. Bk.
do
do
do
do
do
do
A
Boston.
J
M.AS
N. Y., Bk. of
J
do
Boston
A
A
A
A. A
J. A
J. A
M. A
J. A
J. A
J. A
J
J
O
do
do
do
do
1880
18S4
1870
1877
1893
JulvlS, 1875
Commerce. Mar.
do
Jan.
offlce.
Frankfort.
N.Y., N. Bk. of Com'roc.
July
July
Oct.
was made on
interest.
1,
1,
1,
1.
1,
1,
July,
July.
July.
Net earnings
1876
1883
1903
1800
1890
1896
1895
1879
1889
1878
1878
15,
Jan.
Boston, Co.'s oflice.
D Boston. Co.'s Office. Juno
May,
N, N.Y., N. Bk. of Com'rcc.
do
do
do
do
N.Y.,N.B'kofComm'rce
'96
May, 1872
Mch. 1, 1876
Mcb. 1, 1876
Oct. 1, 1903
Jen., 1893
Jan., 1883
Jan., 1876
July, 1882
April. 1894
April 1.1894
July. 1898
July, 1898
Aug., 1900
.T
J,
J,
J,
A
1877-'80
do
Philadelphia.
&A
Dec. 18, 1800
Nov.. 1890
Hatch,
do
in
1874 75.
Keceiver appointed October. 1875, and
had for the
foreclosure proceedings will be
j)urpo90 of re-organizatlon.
A very complete
statement of outstanding liabilities and the plan of
reorganization are given In V. 21, p. 569 (9ee V.
iti. p.
162, 1*4, .337; V. Jl, p. 323. S7i, 417. 441, £84,
8346,8(i8.
569,
612;
V.
22, p. 42, 87,
134,
230, 375. 392.)
DiviC/ushire.-'Sel Income. 1874-75. $76,'ST.
dends, 4 per year. (V. 18, p. 295; V. 21, p. 590.)
ChesUr Paa<y.- In hands of trustees and leased
A Reading. Coupons due 1860, paid
to Philadelphia
May,
1376.
Chicago <t All 71— The report for 1875 Is given at
length in V. S2. p. 255, and shows gross earumgs of
$4,t:56,:(a, and net earnings of $2,0^8,6 8, against
$2,836, '76 in 1874. Joliet A Chloaeo RR. is leased for
Interest on stock and bonds. St. L., Jack. A Chic.
Railroad leased nt 824i>,000 per year. Louisiana
Mo. RR. bvillt and operated under contract. (See V.
The Chicago A Illinois
19. p. 479; V. 20. p. 129.)
River bonds had not been sold' to January. 1876,
(V. 18, 0. 850; V. 19,
litigation.
and there was some
p. 16, 479: V. 20. p. 176; 86S, 369, 500; V. 21, p. 186,
612; V. 22, p. 255)
A
Chicago. RurHngton <» ^uifim.—Stock
was Inned
In exchange for that of the Bnrl. Mo. River in Sept.,
187.^ Gross earnings for 1875 were $11,791,361; expenses, $;, 430,122; net earnings, $5,361,838; interest
Q. Iea»ei nameroas
charge, J2,014,7(i9, The C, B.
branch loads. giving ihera a traffic guarantee lueuallv
40 or 50 p. ct.) for purchasing their bond*. Enou«n
reserved to take np
of the consolidated moitgage
In August, 1875. stock of thla
prior debts.
Company was i«.«ued in cxchanj^e for Burilngton
Missouri River Railroad stock, and the same la alf«
given for the convertible bonds ot Burlington
Missouri River Railroad. (V. «0, p. l.'i, 3*. 60, 194.
A
&
Receipts.
$1.9)1,976
A
4,<i65.r8i
1
Central Raibwid t£ Bank, Oa.— Leases several
roads, nnii guarantees |I.4I>2,50) of bonds.
In
April, 1ST5, purchased one-lialf interest in Western
Railroad of Alabama at foreclosure sale.
Gross
earnings year ending Sept 1, 1S75. (2,8 6,.M6; net.
N. Y., Flsk
A J
A J
A J
A J
A J
A J
A J,
A J
A N
A S
A S
A J,
J.
J.
J.
7
3.3'0,:)93
.
N. Y., MetropoUtnu Bk.
N.Y.,M.K.Jesup,P.A Co
4
do
do
Lond;n,J.S.MorganACo,
««• J.
J. A J N.Y.,M.K.Jesup,P. A Co,
7
A. A
do
do
1% Q.-J. N. Y. U. 8. Trust Co.
J. A J N.Y.,M.K.Jc8up,P.A Co,
8
7
A. A O
do
do
A. A O
do
do
7
7
J. A J
do
do
3.893,200
2,383,000
1,087,000
1,500,000
330,000
2,365,000
564,000
188,000
300.000
2,120;000
500 Ac.
100
ioo
J.
2.42.5,400
1,000
1,000
AD.
M.AN
60,000
100,000
902,000
300,000
160,500
100
1,000
1,000
6g.
^«««•
500,000
9,430,000
193,500
1,806,500
500,000
500,000
300,000
1,000
J.
J.
I
7
3
3
6
2,735,000
1,000
1,000
1,000
.1*3,5-1,244
.
7
18"2
1873
1874
l97S
&
1
.
g.
iH
25,88.5,000
Receipts.
1886...
1867
7
1,500,000
1,483,000
6,080,000
I
I
J.
7
25,883,(X)0
1,000
Dividend.
7
5
7
411, .5.50
1,000
wliom.
7
7
7
7
300,000
3,700,000
925,000
20,825,000
8,000,000
1,(X)0
500 Ac,
7
882,000
2,332,000
7,500,000
2,287,000
150,000
1,000
800
7
700,(X)0
100
1873
1870
1
3>a
709,600
Payable
A D.
Now York.
1001
A J. Now York. 44 South *t. Jan. 3, 1976
A. &. O, N.Y.J. H.Kennedy A Co ApHl 30, 1884
do
J. A J.
do
Jan. 3, 1907
Q.-F
Boston. Treasurer.
May I, 1878
F. A A.
do
do
Feb. 1, 1876
F. A A N. Y., Nftfl Park Bank. Aug. 1, 1801
F. A A.
do
do
Aug. 1, 1804
M. A V.
do
do
May, 1010
Rnvannah, (1b.
J. A D.
June, 1873
J. & J. Now York A Bavaunali
Jan. 1, 1803
A. A O.
Savannah, Ga.
Oct., 1880
J. A J,
New York, Office.
Jnly 1.5,1899
A. AO,
do
do
April 18, 1001
Q.-J.
Now York, at oflloe. April 10, 1876
F. A A,
1890
do
do
M. A M
Nov., 1002
do
do
Q.-J.
do
do
July 1. 1800
J. A J
do
do
1887
M. A N
liOndon.
Feb. 1, 1800
Q.-M. N. Y.,Cent. RR. of N.J June 1, 1000
J. A J
do
do
J. A D Bait., at B. A O. ofllce.
Deo. 30. 1875
J. A D
do
do
Dec. 30, 1875
M. A B, Bait.. West. Natl. Bank
Sept., 1890
A. A O, N. Y. A San Francisco,
Oct 1,1875
J. A J,
N. Y.. Flsk A Hatch.
1895 to '08
J. A J
Sacram'o State Treas. July 1, 1884
J. A J
W. Y., E. Kcllv A Co.
Jan. 1, 1883
A. A O,
N. Y., Flsk A Hatch.
Oct. 1, 1000
J. A J,
1895 to 'OO
U. S. Treasury.
J. A J
N. Y„ Flsk A Hatch.
July 1. 1809
U. S. Treasury.
1890
A J M. Y., Flsk A Hatch. Jan. 1, 1888
do
A J
do
Jan. 1, 1802
do
July 1, 1800
A J
do
do
do
A O,
Oct. 1. 1800
1890
A J N. Y.. Nat. City Bank.
A J N.Y.,M.K.Jesup,P.ACo,
1895
A. A O Philadelphia, Penn R.R. Oct. 1, 1901
I'7
7
1,334,0(M)
6,8.50,400
100
l'rcf<'rriMl stock
st mortgage bonds
.
Cent.
$S00,000
580,110
108,000
A Ohio— Alter
the
panic,
defaoli
U
A
a
335,499; V. 22.p. 231.)
RAILROAD STOCKS AND BONDS.
XVI
Siubacrlber* ivUl confer
Fot explauatioo of column boadlugH,
on flrst page of tables.
&c., eeo iiotee
it Quincy—( Continuedi—
Ottawa, Oswego & Fox Riv., Ist ni. 1 n„,,^„
llliuoie Grand Trunk, 1st mort
,,,,,v' i,
QiUncy & Warsaw, 1 st mortgage
A
?eii";"* e«.
Keokuk & St. Paul, 1 st mortgage. ... Jf "^egisiei
Albia Kno.xvillc A De.s Moiucs, 1st mortgage
Chicagott Canada Southern— 1st mart., gold...
Miles
Date
Size, or
of
of
Par
Road, Bonds
.
I
. . .
&
—
w
.
jA}UiiicUte—liit mort.
.
.
.
Chic, Clin. <£• Dub. 1st mort., eoup,, regi.s*ble.
Chic., Danv. <6 Fm.— Ist mort., gol<l, sink'g f'd
ludiana extcu., 1st mort., gold ('2d mort on 114m)
Ohicugo, Dubuque <( ilinnesota—lHt mort
Chicago Iowa 1st mort., coup., may be reg
Chicago, Iowa d A'cficasfco—Stock
—
if;
2d mortgage (now 1st)
3d
do
(now 2d)
Shore— lit mort
Chic, (t Mich. L.
Ist mortgage
Ist mortgage
Ist mortgage,
1
I
,
|
Coupon,
but
may be
70
44
40
43
73
60
114
21
131
80
82
82
82
195
195
195
.52
on branch
J registered.
1,399
Chicago, Milwaukee <£ Si. Paul- -Qam. stock
Preferred st'ck (7 p. c. y'rly, not cumulative)
1,399
Consolidated mortgage (for $35,000,000)
376
Ist mortgage
2d mortgage
370
Ist mortgage (Iowa & Minnesota)
Kb 220
1st mortgage (Minnesota Central)
49
S
£
^ to
1st mortgage (Iowa & Dakota)
Ist mortgage (Prairie du Cliien)
235
2d mortgage (Prairie du CMeu)
Bo 235
Milwaukee & Western
130
Bt. Paul & Cliic. Ist mort., $ & £ (couv.) ....
75
1st mortgage, Hastings & Dakota
1st mortgage, Chicago & Mil. line
85
Equip. &, bridge bonds (may be paid In 1 878)
Western Union, 1 st mortgage
197
_
Chicago c£ Northwestern— Vommon stock
1,4.59
,
Preferred st'ck (7 p. c. y'rly, not cumulative)
1,459
Bonds, pref. (sink'g fund), Ist mort., Chic, to Osh
193
Interest bonds, funded coup., 2d m., Chic, to OsU.
193
1870
1870
1870
1869
1875
1872
1867
1871
1869
1872
1871
1871
1860
1863
1869
1870
1871
1872
1875
1863
1864
1867
1864
1809
1868
1868
1861
1872
1872
1873
1873
1866
1859
1862
1859
'
$1,000
500
.
'.
.
.
.
Chicago
<8
Canada
ada aouihern.
SixrfAern.— Connection of CanInterest not paid.
Chicago, C'nclnnatl db Louisville.- -'flo information furnished.
Chicago, Clinton
Dubitfue.--This road defaulted
In 1873. It was built byfconstruction companies in
which directors of C. B. & Q.. were stockholders.
(V. SO, p. 85, 1-4; V. ai, p. 14, 013)
d
&
Chicago, Danvi'le
Ftncfnn^s.— There is also a
2d mortgage for $1,000,000 and a chattel moitgage
of tl,0OO,O(X), most of which are pledged. Default
was made in 1813, and coui)on8 partly funded, eubeeqnently receiver appointed, and litiiration in progress. (V. 30, p. (iO, 241, 266, *^9, 313, 357, 388, 404,
$1,081,000
J.
318,.500
8
8
8
8
462,000
8
J.
ifec.
900,-500
1,000
500 &e.
1,000
1,000
500 &c.
1,000
1,000
1,000
1,000
1,000
720,000
V.
21, p. 157, 185, 347;
Chicago, Dul^vque
<£
:
—
0.
Boston.
July, 191lOOfll
Oct.,
July,
April,
April
June
2,500,000
1,500,000
g.
g.
4„425000
477,000
8
8
8
8
100
100
15,399,261
5
7
7
1, '280,000
12,'274,483
3,872,427
5,909,000
1,091,000
3,810,000
190,000
837,000
3,674,000
1,315,000
234,000
4,000,000
407,000
2,500,000
245,000
3,500,000
14,993,000
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
3,150,000
1,700,000
2,700,000
9,758,000
2,750,000
1,650,000
4,375,000
1,000,000
1,350,000
3,500,000
2,808,000
700,000
300,000
24,999,700
9,000,000
1,000,000
5,000,000
1,000,000
3,500,000
1,250,000
500,000
500,000
1,000,000
1,846,000
1,120,000
471,000
400,000
1,500,000
560,000
65,000
1,800,000
7
14
6.
bcls.
7
7
7
7
7
7
8
i,"
1902
Jan., 1887
1, 180<l
April, 1900
April, 19iai.
Jnne
July
1,
1,
1,
1,
1896R
190""
187
July
188
Aug. 15, 188
Sept. 1888
July, 1890
Nov., 1891T.
Sept. 1, 1892
Jan.
Jan.. 1871
April 10, 1876
1. 1905
1893
1884
1897
1894
1899
1898
1898
1891
New York, Office.
London and New York.
Jan.. 1902
New York, Office,
1902
1903
do
do
New York, Office.
June 1, 1893
N. Y., Mil. St. Paul RR.
Feb. 1896
New York, Co.'s Office. Dec. 28, 187
do
do
Julv 15,187
Aug. 1. 18|
do
do
May, 188
do
do
Aug. 1, 181
do
do
do
do
Aug. 1, 188
Aug. 1, 188
do
do
1882
do
do
do
do
J.nn. 1, 1884
do
do
July 1, 1878
do
do
Sept, 1, 1898
Jan., 1898
do
do
do
do
Feb. 1, 1915
April, 1911
do
do
July 1, 1898
do
do
do
do
June 1, 1911
do
do
Dec. 1, 1902
Jan. 1, 1887
do
de
do
do
Nov. 1, 1907
do
do
Dec. 1, 1916
April 1, 1878
do
do
Oct., 1900
do
do
Juno 1, 1915
do
do
July 1, 1903
N. Y., Farm. L. & T. Co. Aug. 1, 1901
1891
New York, Co.'s Office. April 27, 1876
1896
do
do
Aug. 1, 1895
do
do
Nov., 189a
do
do
do
do
do
do
do
do
do
do
'&'j.
J.
1890
100 if I
IfMt'l
1800
1879
J.
4 0. N. Y., Union Trust Co.
& J. N. Y., Farm. L. & T. Co.
& D. Bost., C, B. &, Q. Office.
A. & 0. New York, Co.'s Office,
A. & 0.
do
do
J. &D. Bost., C, B. &. Q. Office.
J. & J. New York and Boston.
J. & J. Boston, by Treasurer.
J. & J. Boston, Merchants' B.k.
F. & A. New York, Park Bank.
M. & 8. Bost., Treasmer's office,
J. & J.
do
do
M. &N.
do
do
M. & 8.
do
do
J. & J.
New York, Office.
J. & J.
do
do
.1.
July
do
do
do
do
do
do
do
do
& 0.
& J.
& J.
& J.
& A.
7-3
P. & A.
7
J. & 3.
?^- J. & J.
J. <& J.
7
J. & J.
10
J. & D.
7
F. & A.
3>2
J. & D.
3>2 J. & D.
F. & A.
7
7
M. & N.
7
F. & A.
7
F. & A.
F. & A.
7
7
F. & A.
7
J. & J.
6
J. & J.
7
M. & S.
7
J. & J.
7
Q.-F.
A. & 0.
I'- J. & J.
7 g. J. & D.
&D.
?« J.
J. & J.
M. A N.
7
7 g. J. & D
A. &
10
A. & 0.
8
M. & 8
J. & J
P. & A
A. &
A. &
4
7
J. & J
F. & A
6
7g. M. &N
!«• J. & D
April, 1873
A. &
N.Y.,Win8low,L. &Co,
May 1. 1980
M. & N
do
do
7
July 20, 1885
do
do
J. & J
June, 1S7T
do
do
8
J. & D
Oct., 1905
A. &
do
do
7
Jan., 1903
do
do
J. & J
7
Mch. 1901
7 g. M. & S N.Y., J.S.Kennedy & (3o.
Nov. 1, 1914
do
do
7 g. J. & J
July, 1905
F. & A New York, Co.'s Office.
7
Jan., 1901
& J New York, Moi'an Bros,
7
Julv. 1895
7
J. & J N. Y., Wiuslow, L. & Co.
Jan. 1, 1889
do
do
7
J. & J
1921
June,
Wiuslow,
D
!n.Y.,
L.
&
Co.
J.
&
7g.
Mm
421.)
A
Northwest.— The fiscal year ends with
May. The last annual report will be found in the
Chkonicle. V 21. p. '2 06. The net surplus of the
year on the Chic. & Northwest, lines proper, after
paying interest, was Sl,:i66,Ib7, and on the whole
V. 22, p. 87, 3W.) system, including proi rietary roads, 1518.266. The
net earnings of proprietary ro;ids were $282,004. and
Minnesota. Defaulted De- the interest on their bonds, $1,129,90.5. Lands of
cember, 1^73, same as Chicago Clinton & Dubuque. the company are 2,108,643 acres unsold, an, 1 were
(V. 20, p. 85, 13J, 181; V. 21, p. 14.)
only reccntiy placed In market. In 1874-Ir, 24,296
Chicago & lowi.—ll&s a traffic guarantee of Chic, acres were sold at an average price of $4 78 per
Burlington & (Juincy 40 per cent for purchase of acre. The nominal surplus balance of tlie Company,
bonds. (V. 22, p. 87.)
May 3!, IB'5, was $2,637,612. Operations for- the
Chicago, luwa <£ JV«J)'(wio.— Leased in perpetuity last six fiscal years compare as foilow's:
to Chicago & Northwestern, at 37>^ per cent of
Gross
Expenses
yet
gross receipts.
earnings.
and taxes.
earnings.
Chicago it Michigan Lake Shore.— The first mort- 1R74-75
$12,-: 07,-. 26
$7,984,694
&i,7i3,' 31
gages, main line, have trafllc agreement from Michi- 1878-74.
9,334,453
5,07.5.673
14,410,124
gan Central. In default for intere?t since July, 1b73, 1872-73.
12,73%6(I7
8,n8,837
4,508,3;0
e-xcepton first bonds l;47?,0OO. (V. !7,p. I8S, 211; V. 1871-72..
11,403,161
6.810.026
4,592,135
18, p. 14; V. 19, p. 247; V. 20, p. 60, 312.)
1870-71
11,1.94,914
6,3 1,506
5,383,408
Chicago. Milwaukee <£ SI. Paul.— The followine 16611-70
12.535,428
4,!.23,111
8, 13,317
is a comparison for three years of operations and
The trust deed of the gold loan provides continfinancial condition at the close of year:
gently for a possible issue of $4-*,000,fX)('. by ulti1875.
1874.
1873.
mately absorbing all the other bonds and also .-II
Miles
1,899
1,399
1.399 subsequent issues, mcluding all the bonds of the
Stock
$57,673,744
$27,«73,744
$27,67.3.744 proprietary roads of the conijiany. tojether a'rgre27,1-J9,C03
27,119,610
26,'J87,610
Debt
gadng 1^3.5,349,000. wl.ich amount is reserved from
Earnings ...
8,255,743
8,95.3,017
9,010,12:1
the $48,000,000. The residue of the gold loan, viz.,
6,.'i9),660
5,170,;»4
5,871,110
Op. expenses.
$12,ii51,000. represents all the additional indebted3,081, SOil
8,086,389
Net earnings.
2 461,663 ness resulting from the mortgage.
Dividends
The issue of consol. bonds of 1875 was made to sub- have been paid— July, 1873, -^U on preferred;
stitute for that of 1874 of these bonds $57.3.39,000 are December. 1872, 3Jf on both; June, 1872, 3X on
reserved to take up old debt. The dividend on pre- preferred; December, 1871, 3>i on preferred; Jnne,
453, 499, 570;
Now York and Boston.
8
7
7
ferred stock March, 1874, was paid in consol. bonds,
and the same April, 1876. See statement V.'J?, p. 280
The sterling bonds of 1872 are couveitible into dollar
boi;ds.
Dividends have been paid since lf69— on
pref. stock— in K'S 14 per cent, in bonds; in 1874 7
in bonds, 1873 7 cash, 1872 7. 1S71 7,
7 and 3
scrip; on common stock in 1871 7 scrip, 1870 3 cash
and7 scrip. (V. ;;], p. 38, ;86, 263, 612; V. 22, p. 28 ',
Chicago
.t
&.
Bo.ston.
J.
1,.'500,000
3,523,000
1,350,000
100
100
100 &0.
100 &c.
100 &c.
500 &c.
500 &c.
A.
New York and Boston.
J.
0.
J.
1,000
1,000
1,000
1,000
1,600
1,000
1,000
1,000
J.
?«• A.
1,750,000
3,838,200
568,200
211, .500
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
&
&
&
A.
when Dne,
Stocks— IJMi a
Dividend.
pal,
2,500,000
1,000,000
100
100 &c.
500 &e.
1st mort., general, 3d mort.. Chic, to Oshkosh
193
Appleton exten., let mort. on 23 miles and land.
23
Green Bay extcu., Ist mort. on 26 miles and land
26 1862
lot mort.. Galena & Chicago Uu. RR. extended.
248 1853
1,000
Mississippi River Bridge b'ds, lien on net eai'nlugs
],000
Elgin & State Line Railroad bonds
500 <&c.
let mort. (Peninsular KR.) on roadi; and lands.
74 1863
1,000
1st mortgage (Beloit & Madison Railroad)
46 1863
1,000
Consol. smk'g f'd M., (all above convert, into this)
779 1865
1,000
Madison extension, Ist mort., sinking fund, gold. 126 1871 500 &c.
Chicago & Milwaukee, Ist mortgage, 2d lieu
85
1.000
Menominee extension, Ist mortgage, gold
120 1871 500 &c.
Gen, eons, mort., gold, coup, or reg. ($48,000,000) 1,058 1872 500 &c.
Winona & St. Peter, 1st mort., guar by Chic.&NW. 137 1870-1 1,000
do
137 11871-1 1,000
2d mort.,
do
do
do
1st M. exten, gld, land gi'., s. t.
175 1871 100 &c.
Tremp.
&
P.
Ist
mort,,
guar.
N.W.
28 1870
C. &
lA Crosse,
1,000
75 1870
Iowa Midland, Ist mort., guar, by Chic. & N. W.
1,000
Northwestern Union, 1st mortgage, gold
62 1872 500 &c.
156 1873
Chicago di I'aducah— 1st mortgage
1,000
Chicago, Pekin d Southwestern— lat mortgage
70 1871
1.000
2d mortgage
64 1871
1,000
Chicago, Rock Island <C Pact/jc— Stock
674
100
1st mortgage, sinking fmul
359 1866
1,000
Branch l)onds (sinking fund $40,000 from 1877 ).
1875
1,000
Chic. & S'westeiTQ, 1st mort., gold (guar in cur)
250 1869 100 &c,
Chic. & S'westeru, Ist mort., gold, not guar
50 1871
1,000
Cincinnati, Hamilton <« Da!/(oii— Stock
60
100
l8t mortg ige of 1853
60 1853
1,000
2d
do
1865
60 1865
1,000
do
3d
1867
60 1867
1,000
Consol. mortgage (for $3.000,000)
60 1875
1,000
Cin. Ham. & I, (Jimetion) RR., 1st mort., guar.
98 1873
1,000
Oineinnali, Lafayette d- Chicago— 1st mort., gold
75 1871
1,000
Consolidated mortgage
75 1874
1,000
Cin. d Marlinsi'ille— 1st mort.. guar by lessees
38 1865
1,000
CincinfKtti d Muskingum Valleg — 1st mortgage....
148 1870
1,000
Cin., Richmond d Chic— 1st mort., guar. C. 11. &D.
36 1866
1,000
2d mortgage, guar, and owned by C. H. & D
36 1869
1,000
Gin., Richmond d Ft. ir.— 1st mort., gold, guar
90 1871
1,000
.
Bonds—Princi-
OR DIVIDENDS.
INTERj;8T
Amoiuit
Rate per When Where Payable, and by
Payable
Value. Outstanding
Cent.
Whom.
Chicago, Burlington
Chicago, Cincinnati
27, 1876."
a sreat favor by eItIok Immedlato notice of any error discovered In these Tables.
DESCRimON.
_^
[May
A.
J.
J.
J.
F.
,T.
I
on both; Deccmbir. 1870, 5 on both;
2 on preferred; December, 1,S69, 5 on
on common: June. 186:1, 5 on both; December, 18'8. 5 on both. (V. 19, p. 295, 375 5S8;
1871,
5
June,
'870,
preferred, 4
p. 136. 18fi, 693; V. 21, p. 109.)
<t /Vrrfuc'A.— Completed in July, 1874,
;157; V. 21, p. 85.;
Soulhwestem.—OpQiieii in 1873
Cliicugo, Pekin
Gross earnings flrst half of 1!>74, $66,346; net,
V.
'20.
Chicigo
(V. 19, p. 16; V. 20, p.
&
S3:i,7ao.
Chicago, Jlock Island (6 Pac-Jic.-'Set receipts in
Apnl 1. 1875, $3,54S,-283, against
in 1873-74. The income account for year
was as filiows: Grose receipts, $7,399,61-?; net
year ending
$3,'256,(>.''4
receipts, $3,534,283; dividend payments, $l,(ir8,384;
interest, Ac, $755,000: sniplus for the year, $1,109.899.
Chicago & Southwestern road is leased and
guaranteed on $5,000,000 of its bonds;
interest
the others ore in default.
p.
.38,
(V.
20, p.
614;
V.
21,
186, 253.)
Daylon.—See report inV.
21, p. fi2, showing netincome of $197,192 in 1874-6.
Investigating Committee's report, V. 20, p. 357.
Cincinnati, Harrdtoi
<ft
(V. 19, p. 183; V. 21. p. 62; V. 22, p. 280.)
Cincinnati, Lafayette c6 C/ifcajo.- Lafavette, Ind.,
to Kankakee, 111. Gross earnings in 1874, $4.')3,717.
net, «223,488. Cost of road, &c., $3,752,870. (V. 30,
p.
568.)
Cincinnati <£ iTartinsville.—lje&seA again to the
Receiver appointed, Feb.. 1876.
Ind. Cin. & Laf.
To be sold in foreclosure. .June. 1B76. (V. 30, p.
28H; V.
2-3,
p
2.32.)
Cindrinati & Muskingum VcUey.- Is 'cased for 99
years from 1873 to Pittsb., Cin. & St. Loni.-< fornet
earnings, but bont'ed interest is guaranteed. Net
earnin!;s, 1875, $35,744 ) V. 20, p. 427.)
Cincinnati,
Richmond
<t
Chicago.— LQa^ed to
Ham. & Dayton, which owns most
Net income above
p.
62.)
CHn.,
of the stock.
interest, 1875-(i, $8,229.
(V. 81,
Cincinmli, Richmond <ft Fort Woy/w. — Leased to
Grand Rapids for 99 years. Interest on bonds i»
guaraute d by Grand Rap'ds, Cincinnati Hamilton
% Dayton, and fcy Pennsylvania Co. (V. 3l', p. 15.)
May
RAILROAD STOCKS AND BONDS.
27, 1876.
Sabscrlbor* will coufer a icreat laTor by slrlus
DESCRIPTION.
For explauatloii of column licadiugs,
on tlrHt pof^o of tatiloB.
Oineimuiti, Sumliti/:!/
<£
tus.,
Miles
Date
Blze or
of
of
par
hco notes
171
171
50
&
lud.) excli. for new
r.
I. sinking fund
Consolidated niortga;.'c (for ^T.-OOOiOOO)
OUvelaiuL il Mahtinin;/ V'nWc//—Stock
Ist mort;j:a;ce, (rxtcnultMl
(Bel.
&
C, C,
80
48
1871
1872
1871
81
..
.
murt.
.
..
Sinking fiuul, ISd miutgagc (now ad)
NileH & New Lisbon, Ist mortcage
i'lecelaml, Mi.Vernniit£: Del.
1st niortgagc, gold
—
Columbus Kxtensiou
Income mortgage for funding
Cleveland
i'i(fcii(C(//i— Guaranteed (tock
4th niortirngo (now 1st)
Consciliilatid sinking fund mort. for f ,"(,000,000.
C'OiiHt ruction and equipment bonds
471
138
202
390
390
1800
1864
1869
1874
07
67
35
145
1873
1857
1870
1870
1871
1st mortga;re,
109
199
199
<<:•
OleeeUiiul,
Tiiscamwas V alley
Oolebronkil ate— I Ht
tt
Columbia <£ llochiiif/ V'a//ti/—Stock
Ist mortgage, sinking fund buiuls
& Straitsville
Logan
mortgage bonds
1st mortgage,
Vid
Braucll
Oolumbiis, Vhicam (t Indiaiia Ce)i(ra(—Stock
Ist mortgage C(iluml)us, Cliic. & Ind. Central
do
(Cliieago & Cireat Eastern)
do
(Columbus <k Indianapolis Central).
d«
do
do
do
&
'2(1
110
110
mortgage
'2d
mortgikge
'56
56
44
68
7
38
38
82
52
52
—
...
NorwalhStnGk
—
—
DanHltCy Hazleton t£ Witkesbarre Ist mort
Danville, Urbana, liClon d: Pehin let M., gold
Davenport tf St. I'aul—lai mortgage, gold
Dai/ton cC .lfii-/((</((u— Com. stock (3iaguar. C.II.&D.)
Preferred slock, (S percent, guar. (!. H. &D.)
1st mortgage, sluking fund, $30,000 per year..
2d mortgage
3d mortgage
Toledo deiKit (cost $353,940) Ist and 2d mortgage
Sandmky & C'eveland.—\n
1hT5,
expcnsoB, JSOl.t'o;
than
in
the year
gross earnings were ^8.57,695;
net earnings, $29.'j,flin. being
ISW
&
74.
(V. 81, p.
5»
1 .)
—
SpHngfidd. Leased in perpetuity
& I., with guarantee of interest;
on fir.'t mortsxage half of interest 18 also guaranteed
by Lake Sh. & M. S.
to Clt;v. Cul. C.
Olr.cinnati. Wjbash (8 .l/icAii/on.— Paid interest
.Tunaary, ]87t(, to bondholdirs not consenting to
pass, and allow funds to l>e used for completion
of road. Some bonds held by Lake Shore
Michigan S(jnthcrn. but no indorsement by that company.
(V. aa, p. 158.)
&
Cleotland, Cotumiun, Cincinnati & liidianap.—Tiy
the annaai report surplus over interest in 1!)75
wa«$',IX),86I. Netearnings in ISIS. »S«4,0it, against
*»J-.(,ti74 in 1S14.
(V. 2U, u. 241; V. 21, p. («, «5j;
V. 22, p. 2j7, 3u3.)
Ckveiand
&
<fc
Mahoning
lantic
Great Western,
paid. (V. 20, p. 85, 139)
Fa!/ey.--Is leased to Atand interest on bond;* is
Cleveland, Mount Vernon <t 7)«iaw<ir«.— Defaulted
July, 1874, and made compromise by which all the
coupons due July. 1^74, "and one-half of coupons
from January 1, 1875; to and including .Inly 1, i877,
are o he postponed to .Ian. 1, 1885. and the reinainiu'jr half to he p«id as thoy mature.
Gross earnings
W75, $i8fi,0i7: e.\pcn?cs, $:« 1,380; net,
(See report, V. 20, p. 38i. ; V. <2, p. 80D.)
$%,M)7.
CUvtlaiul A Pittsburgh.- -lAmf^eH in Pennsylvania
Railroad at 7 p'.-r cent on stock. hesiJes expenses
and Miter, st, and trvtnsferred to Pennsylvania Cn.
Report for 187.5. V. 52, p. 406, shows surplus of
$17J,:iS5 over all esiienees, interest, Ac.
Cleveland, Tuscarawas VaUey <6 TI7i«iino.— This
road was sold under a 2d mortgage, Jan. 27, 1875,
and reorganized. See V. 20, p. « , 110, 346; V. 2.',
p. 3J2.
302.000
1,500,000
350,000
2,175,500
670,500
289,500
007,500
1869
1875
1,000
400,000
400,000
210,000
"ioo
1858
1871
1870
500 Ac.
2,100,CK)0
2.50,0O0
500 Ac.
803,.500
i',6oo
1,000
048,000
.50
1,777,8.50
Colebrookiate.—ljenseiX to Philadelphia
No dividends paid on stock.
&
Read
Colorado C nlral.—HMt by Union Pacific, which
holds the bonds, t5,270,5»3 in aU. (V. 81, p. 85; V.
A
tolimbug
nocking Fa'fcy.— Gross
earnings,
ISIS, !:877.S9ti; net, };3^8,37d, a'.;ain8t $.157,07; in 1674.
See annual report V. 20, p. 476; V. 82, p 350.)
Co umbu.1, Chicago
a consolidation (Dec.
it
P-diana Central.— Th'» was
On January i-i, 186^. it
4. 18117).
was leased by the Pittsburgh Cincinnati
Louis, guaranteed
&
by Pennsylvania Railroad.
amended lease was made Feb.. 1, 1870,
anteed by rennsylvania Itailroad. The
fuaranteed interest
on
|;I,i,flOO,00O
of
and
ilrst
April 1, .87.). defaulted on Ut mort. The guarantee
of interest was absolute, but the rennsylvania Railroad claims that the C. C. .t 1. C. Co. did not fulfil
Bondholders claim tint no such failure
all its part.
after bonds had been sold with the guaranty could
Snlt is pending against
prejudiee their rights.
Pennsylvania Itailroad. Interest on mest of ttieold
nrior bonds has been taken up. Net earnings, 1875,
(V.!i0,p.!!il.61.140, 162. 811, 38.5. 355. S.-a,
81, p. 13, 317, 611, 631; V. '.2, p. 852,
4'2G, 5U8; V.
X«nl«.— This road is leafed to the LitMiami Co.. and both roads for 99 years to Pitts-
Columbus
tl
•
Jt
burg Cinn. A St. Lmiis Co.; the lease is guaranteed
liy Pennsylvinia Railroad, and the terms are 8 per
cent on stock and Interest on bonds.
Conco^'d. -Pays 10 per cent a year; net receipts In
1874-5, $310,904.
Concori
it
(V. 80, p.
400.)
POrUvnouth.—leased to Concord RR.
...
at $25,000 per year.
Connecticut .« /'/WHm/isu;.— Annual report _tc
June, 187.5. shownd net candngs for year $3i«,R.5,
against *8re,7rt0 in 18;3-1. Div. psssed Aug 18<o.
The new mortgage of $1,600,0-0 will retire previouf
.
issues.
(V. 21, p. 217-)
Tnut Co.
N. Y., U.
A.
D.
8.
1!M>2
Trust Co.
do
do
do
do
do
do
New York or London.
J.
V.
D.
N.
A.
July 1. 180t
Feb. 1, 187»
Juno, '75 to "84
Until 1890
May. 18M
June 1, 19U
CTevelaiid Office.
N. Y.. Ward,<'. AO.
Ahif. ij IBOr
Cleveland, at Otflcc.
8«nT. IS, 1878
Jan., 1890
J. N. Y., Union Trust Co.
J. N. Y., Wluslow, I* A Co. Jan. i, 1000
do
do
Jon. 1, 1901
8.
L.
do
do
do
J.
N.
J.
A T. Co.
June
do
do
do
Nov.
Jan.
1,
1,
1878
1802
1000
1913
June
1,
1898
1,
Jan.,
a"d.
Phlla., Co.'B Office.
D. Boston, Treas.'8 Office.
Connecticut CVf.^ro/.— Leased to Connecticut Valley at a rental covering interest. (V. 82, p. 909.)
C'nnectieut «(!«•.— Net earnings l?(73-4. »295,0«7
Surplus account OctobeS 1, 1874, $518,089. (V. SO,
p.61.)
C nnectlcut Valley.
Hartford to Saybrook—Th«
$l,(B4,6flO; floating debt. $1,177,000;
cost of road, Ac, «2.S3i,819. (Vol. 2 , p. f»«.)
stock paid
Is
Conr.ecticut
296; iutercst,
Western.— liet carniusts 1874-5. $184,-
Ac, t281,2!i6. (V.81, p. 61 1.)
ConnecHng.—UascA to Philadelphia A Tren'on,
St.
An
also guarflr-t lease
5,000,000 of secinrt mortgage bonds, the am. nUed
lease (m only $15,831,000 oT first and second bonds.
Aug.. '74. default was made on the $5,000 OOO fccinKls.
*61(j,+4>.
8.
do
do
Wubanh, Indiana.
J.
J.
1877
Dec. 1, 1890
Aprill, 1001
Cleveland, Ohio.
J.
J.
;ng.
22, p. «1.)
N. Y., U.
O.
1S7«
ISM
.).
996,000
1866
1868
Bepl. 1.
1
1,000,000
3,000,000
1,000
1.
1,
Aa«.
B.
*2
161,000
500 Ac.
109,.5OO
5oO Ac.
81,800
100 Ac.
"33
600,000
50
500,000
33 60-'72 100 Ac.
1,400,000
51
1868 200 Ac.
2,000,000
1,000
117 1809
20,000
p. m.
1,000
1871
170
2,39.5,350
50
112
l,28(i.l00
50
1871
142
1,870,000
1,000
142 1856
42(!,O00
1,000
142 1807
356,000
1,000
142 1809
105,500
61&64 500 Ac,
'oniinon bonds
2d and 3d mortgages
1,000
50
100
100
100 &c
100 Ac.
100 Ac.
100
1873
1856
"38
38
&
'
t£
1st
1,000,000
1,78(>,200
Mar
A.
.r.
74,0'24
;.
Pennsylrxinia Ist mortgage
2d mortgage, sinking fund, (guaranteed)
Cumberland Valley—Sioc^i ($484,900 prcfen-ed)
dnHniuUi
451,000
2,632,000
775,000
531,500
50
do
do
do
do
do
do
D. N. Y., Union Trust Co.
N.
A
June 1. 1890
Feb. 10, 1878
A A.
7
A. A O. N, Y., St. Nleh. Nat. B'k Oct. 1. 1897
7
J. A J.
do
do
July 1, 1880
7
do
do
J. A J.
Jan. 1, 1803
"7
A. A b. N.Y., St. Nioh. Nat. B'k.
April,,1908
do
7
Various
do
1803 to '95
do
7
do
Nov., 190«
J. A J.
do
do
Dec, 1906
7
A. A O.
F. A A.
do
do
Feb., 1884
7
do
do
Dec., 188S
7
J. A J.
do
1886 to '90
do
7
Various
Nov., 1904
do
do
7
M A N.
do
do
Jan., 1882
3. A J.
7
do
do
10
A J.
F. A A.
do
do
7
Feb,, 1890
do
do
F.
A
A.
7
do
do
F. A A.
7
N.
Y.,
Union
Trust
Co.
Sept.
1, 1901
M
8.
7
A
Columbus Treasury.
Mar. 10, 1876;
N.
Y.,
Am.
Etch.
N.
B'k
Sept
B.
1, 1890
^
A
7
M A N. Boston, Tow<!r, O. A Co. May 1, 1878
5
Boston.
Jan. 1, 1878.
313 J. A J.
Boston Office.
Feb. 1, 1875.
F. A A.
3
Aprill, 1893
do
A. A 0.
7
Deo. 1, 1878
do
J. A 1).
6
1876 to '81
do
Various
7
Feb. 1, 1876
do
3
F. A A.
do
July
1, ISSft'
«« J. A J.
Oct., 1895
A. A 0.
1876
Bost.A
Alb.RR.
Jan.
1.
Boston,
J. A
4
6
M. A S. B<istoii, GlolMi Nat. B'k. Sept. 1, 1878
1901
Exch.
N.
Bk.
Jan.
1,
Y.,
Am,
J. A J. N.
7
J. A J. New York and Boston. July 1, 1900
7
1900-'l-'2-'3.'4
Phila<lelphla.
M. A 8.
M. A S. New York, Co.'s Office, March 1, 1891 "
6
do
do
May 1, 1888
M. A N.
6
A. A 0. Phlla. and Carlisle, Pa. Oct. 1, 1875
5
Aprill. 1904
BiddlcACo
A. A 0. Phila.,T. A.
8
Aprill. 1908
do
do
A. A 0.
8
do
Jan. 1, 18»t
do
A. A 0.
6
1876
l^a
Q -M. Now Y'ork and Dnnhury March.'90,
'92
7
J. A J. New York, 84 Broadw'y 1880,
Oct. 1, 1888
Phila. Penn. RR. Co.
A. A 0.
7
1909
April,
L.
Co.
A T.
7 g. A. A 0. N. Y., Farm.
July. 1911
7g. A. A 0. N. Y.. I^ond. A Frankf't.
April. 1876
A. A 0. Cincinnati. C. H.AD.Co.
1«1
Q.-J. N. Y.. Winslow, L. A Co. April. 1870
2
July, 1881
do
do
J. A J.
7
Sept., 1887
do
do
M A 8.
7
do
Oct.. 1888
do
A. A 0.
7
Mar.,'81 A '94.
do
do
M A S.
7
689.000
13,938,972
10,428.000
1871
J.
&
A
A
Dividend.
F.
60(),.500
45
70
55
M.
Botult—PTtaA'
Wlien Oa»
pal,
Boston, Office.
Q.-M. N. Y., Farm.
J.
7
7
7
6
3(HI,(M>0
1,000
1,000
100
1,000
66-'71
—
—
—
—
"i«t
341,400
3,692,000
3,847,000
st'k, guar, same div. as Conu.
Pass.
boiuls, guar, by Conn.
Pass
Connecticut reK(ro(— Ist mortgage for $100,000...
(JonneetU'ut Itiver Stock
Ist iiicirtirage (sinking fund now $148,931)
Oonnecficuf Valleif 1st mortgage
tUtnncctlcut Western 1st mortgage
Couiicclinf/ (Phila.) 1st mortgage
8iti,748 better
7g.
7g.
7
1,920,0.50
l,500,fKK)
600 Ac.
35
41
144
&
3>3
990,994
11,243,479
1,104,844
2,701.000
1,342,000
2,000,000
584,000
1,272,000
1,000
g.
1,350,000
217,750
821,000
do
:iO,
100 &c.
7 or 6
?«•
31.3,000
Massawixtpl
Cincinnati,
1868
1870
7
7
7
030,000
487,900
500,000
prof.)
lud. 1st aiul
Notes, coupon
ending .June
1,000
1,000
1,000
1,000
I'-
950,(K)0
1805
—
1 Ht,
2,7.59,200
&e.
Ac.
&<„
(Cincinnati it Cliicago Air Line)
(Columl)U8 & Indianapolis Central).
(Indiana Central)
Oomiorrf— Stock
Concord i£ roriamouth—Stocti
Connecticut <£ Passampsic Stock
New mortgage (for $1,500.000)
Ist mortgage, sluking fund
Danhurii £
50
1862
1867
1873
1868
<£•
(
2,500,000
I.OOO
1,000
587
do
(Cliicago & Great Eastern construe.)
do
4
do
(Columbus, Chicago & Ind. Central)
Income convertible
do
do
Income (Toledo, Ixigansport & Burlington)
iOi>2«m6t>8, fiiirinufteld
C'mciniiad"— let mort
(Mumbm <£ Xcutrt—Stock
let mortgage
Cumberland
1,000
500
500
500
1807
1870
1872
&
(Columbus
{^mortgage
844, 0(M)
3,000,(K)0
.50
Logausport)
(Toledo, Logausport & Burlington).
(Union
1,0<M)
50
18
80
89
76
13
89
Colorado ('entral— I »t nuutgage, convertible
651,000
100
500
1,000
A
A
A
&
A
A
A
•b
A
d(
A
A
A
A
A
A
A
7
7
7
7
1,200,<KK)
14,091,(192
228,(K)0
Wuom.
Pay'blc
3
3
1,07-2,300
2,(KMI,0O0
1,000
1,000
Whiiellim—l»tia...
mortgage
Cent.
429,037
778,000
350,000
1,(K)0
TabUa.
INTEREST OR DIVIDENDS.
Hate per When Where Payable and by
$1,005,7.50
.
Oi)U:innaU <t
2d mort^a^^o
Oiii., Wab. ii .Uic/i— l8t mortKago
Cteveland, Columbus, OJitcmunW <« /nd.—Stock..
let mortgage (C, C. •k V. KK.) $'.J5,000 a year.
do
do
Outntandlng
1800
1852
1867
Dayton &. CinclnnutI
Sandusky city <& Ind
Ciucimiati, Sandusky & Clove.
SjM-iii'jfieltt—lKt nioitgagM, guur
aotlea or anr error 41«ooTer«d in iheaa
Amonnt
Road. Bonds Value.
CUceland—SUicis.
VrcfoiTcd Htuck
MortgiiKC bonds, eiiiidiisky,
do
do
ImmedlaM
xvfi
and operated by Pennsylvania; terms, 6 per cent en
$l,a:f,3:!0 stock, and intercal on the bonds.
Cumbe-land it P<»n.«y?raiia.— Owned and operated by Consolidation Coal Company, which guarantei B
second mortgage.
Stock $1,5(»,000.
(V.' SS.
|fc
415.)
Qumberlind VatUi/.—1\in stork is owned in largo
part by Pcnusylvania Railmad Co. Net eanilngs,
year ending Sept. 30. 1875, $8tKi,594. Large advanoea
iiave been made to branch roads. This compjnr
paid 9 per cent in 1871, t in 1572, nothing in 183,
but resumed in 1874, and declared S per cent. IB
October, and semi-annually since.
Danbury it Xortvalk.-Oxof» earnings, 1874-76,
$li.7,02S; eipenses, $87,410; interest and tare*,
$43,iril; furnlus, $37.4S5
.
„
,.
Danrille Ifazli/on it iratciiom!.— Leased. March,
1672 to Pennsylvania Railroad for 88 yeprs. The
coniions due October. 1874. were pnrchased by Pennsylvania Railroad. In default, April, 1875. (V. »,
p
,Wi.47fi.5!l0..570.>
Dantlle Urbfa, B'oominqton it Pekin.-Thit is
a part of the Indianapolis Hloomingtcn A Western,
now in default. See 1. B. A W.
navtnnirt * St. Pni//.— Sold in foreclosure, March
2 187«. (V. an. p. 61. SIS,
612; V. 22, p. 87. 281. StB.i
5.13;
V.
81,
p. 441,
570,
^
Dayton <t .ViMiuan.— Leased In perpetnily to Cin.
and
Ham. & Dayton, which pays Interest on bonds,i"""
guarantees dividends on stork, holdiag itecir
$1,398,100 of the com(non. (V. 81. p. 6».)
RAILROAD STOCKS AND BONDS.
^Tiii
Snfeaerlbera «rlll eonftr a great
Avor by
DESCRIPTION.
'
-
Miles
-^or explanation of column headiUK^,
at tlie
head of
first
page of
Ac, see notes
Detatcare «at(roorf—Stock
Exteufiiou mortgage
Stat*' loan
Mortgage bonds, oonvertible, guar. P. W.
A X.
36
tt
& B..
i/*
Luusiug, Ist mort., coup.,
do
may
1865
115
164
23
164
59
59
190
be reg
—
143
100
43
55
55
90
58
270
242
112
112
130
—
mortgage sinking fund bonds
East Tenu. & Georgia ($85,000 are endorsed)
do
do
new
Hast Tennessc and Virginia (endorsed)
2d mortgage to U. S. Government
1870
1806
1856
185'6
1805
08-'69
1869
1872
1873
fund
73-'74
Funding Notes
Ehnlra d Wiltlamsport—Stock common
78
78
78
Preferred stock
1st mortgage bonds
Income bonds, 099 years to run
Wrte iJdiViCd I/—Stock, common
Preferred stock (7 p. c. y'rly, not cumulative)
1st mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to 1879)
43d mortgage
4th niorf gage, convertible
*
5th mortgage, convertible
Buffalo nianch Bonds
l>ong Dock Co. mortgage
Sterling l)nnd», convertible, £1,0(X),000
ast consolidated mortgage, gold (for $30,000,000)
-2d consolidated mortgage, 5-20, (for $40,000,000)
Sew bonds (debentures) convertible till 1883
'Vrie d Flttsburg-Stocii
1st mortgage, convertible into ccniolid. mort
4.59
459
About
1,000
1847
1849
1853
1857
1858
1801
1863
1805
1870
1874
1873
1,000
1,000
811-2
50
50
1862
1865
170,000
650.000
6
500
100
100
l,00t)
1,000
500 Ac.
100 Ac.
1,000
6
1,000
1,000
1,000
7
7
7
7
3,21!»,0()0
8
8
8
8
8
12,070,000
14,400,000
10,000,000
1,998.400
291,700
92,300
100 Ac.
100 Ac
'iifl
398.900
417,300
2,457,000
3,024,500
2,200,000
2,004,000
500,000
3,00(1,000
4,4.57;714
£200
|90,00n of
Philadelphia Wilmington
Delaware <£ Bound Brook.— ThU is pirt of the
route between New York and Philadelphia. (V.
aew
l^I'8
7
7
8
7
7
6
A7
««•
7
8
7
7
10
3
7
7
7
7
?«•
3
7
6
6
6
4
3
7
6
6
3
6
6
6
6
7
7
6g.
7
2I0
3I3
7
5
1
3I2
7
7
7
7
7
7
7
6
7
7
Detroit <t Miltvaukee.-This road
g.
g.
g.
1?4
7
7
was operated by
the Great Western of Canada, hut defaulted in !87a.
8>)», 257.)
Delaware Lackawanna A. Western.—TYi^ gauge and negotiations are now pending for settling the
debt. Of the bonds of .lune, 1866, $l,3i8,iiOilare in the
of road niirrowed in March, 18"6.
The company's operations consist in large part of coal hands of the Mirchanis' Bank of Canada, redeemmining and transportation, and no annual report able »irO,000 per vear. The Detroit & Pontiac interIs issued except the statistics required by the State est has been paid in whole or in par', and it is not
of Pennsylvania. The Morris & Essex Railroad is proposed to fund coupons on those or Oakl. & O.
leased and some of its bonds guaranteed. Prom bondfe. (V. 19, p. 118, 271.350; V. 80, p. 242. 311,
the last annual report published in Chronicle (V. 337. 38.3, 600; V. 21, 186; V. i2, p. 110, SOD, 581,
:99.)
*1, p. 84), the following comparison is taken:
D'ibiiqiie it Sioux Ci<y.— Leased to Illinois CenGross
Net
Stock and tral, in 1,%7, for
20 years, at 35 per cent of gross earnEarmngs.
Earnings.
Debt
ings
first ten years, and .36 afterwards.
In 1814 gross
1874.
$5,:M7,7S.5
t3,544,5i.3
t36.5.35,-M7 earnings were
$1,067,592.
IflTS
6,248,465
.
WTO
—(V.
3,S69,813
3,709.509
35,775,769
4,74(1,678
8,35,484
1,549,72:1
85,929,768
84,766,S50
4,106,824
1,840,513
18, pp. 58-J, 807; V. 80, p. 85; V.
Denver Paci/ic.— Operated
Kansas
Paciflr.
Land
Lvbugue Southwestern— FaLr)ey to Cedar Rapids,
la^-Gross earnings, 1874, $117,107— $5,8
below
S9,(i3:!,5i5
S
,
18i3.
Dunkirk AlUgh. TuKey
p. 232.)
in close connection
grant, 1,100,000 acres.
dation, Dec.
<«
Stock,
and bonds mostly held by
with
In
I»74 gross earnings were *310,911; net earnings.
tI7a,04»: total income was $844,28:, and interest
i>ayments. $196,6.'>2. Cost of road and equipment
«6,494,35a (V. 20, p. 669.)
I,
187J.
Duchess
cfc
nttshnrg.-K consoliRoad leased
New York Central A
$4.:)00,0fl0.
Hudson.
Columbli.-To be sold
in foreclosure
(V. 80, p. 15; V. 22, p. 3'1.)
East Tennessee Virginia
ings year endin:; June .90,
Georgia.—Otoao earn1875, were $1,059,985: exand net earning?, $717,5'>8. Annual
<6
Denver db Bio Grande.— This is the principal narrow-guage road (three feet) in the United States. penses, $:l4-2,46.',
The whole line as projected is 8,5 miles. Earnings report, V. 21, p. i75.
°
«o far have been good.
East /VinMy/tionf a.- Leased to Philadelphia &
Des Moines
Fori Dodge.-Tt^'i is part of the Read ng at 7 per ceat on stock and bonds.
DiviJ;
Bjs M.iines Valley reorganized after foreclosure dends are 6 per cent per annnm.
«»npoii« of Jan., 1876, funded. (V. 21, p 488
Eastern 5Aor«.— Formerly leased, bat now oper)
'
J. N. Y., Am. Exch. N. B'k
J.
Dover, Co.'s Office.
J. Phila.,Olrard Nat. Bank
J. Office P., W.
B. RR.
J. Phil., Fid'lity I.T.A.8.C0
A
New York
Q.-J.
M. A 8.
do
A.
A
A
J.
O.
July
1895
1,
1, 1881
June, 1892
March, 1885
April 15, 1880
Rlay 1, 1899
Nov. 1, 1900
Jan. 1, 1904
June 1, 1891
Feb. 1, 1888
April 1, 1896
Dec. 1, 1897
Feb. 1, 1893
Julyl, 1889
May 1, 1880
Nov. 1, 1880
May 15, 1875
May 15, 1875J
'^
May, 1875
July 1, ISSff
Nov. 15, 1873
Nov. 15, 1873
April 1, 1878
Feb. 15, 1886
Jan. 1, 1878
Sept., 1 1886
Various.
Apr. 15, 1876
1883
1894
JiUy, 1883
.
1883
June, 1900 <
Jan. 1, 19081
April 1, 18761
July 1, 19001
1880 to 1888
July 1, 1878
May 1, 1886
Oct.,
J
Jan. 18, 1876
Mar.
Jan.
Apl.
1,
1,
1,
1888
188
1888
July 15, 18731
Sept., 1876 f
April, 1885
Mar., 1888
May, 1889
1882
1892
Mar. 1, 1893
Nov. 1, 18841
—
Q.— J.
Q.— M. N.
Jan. 1, 1905
Jan. 1, 1876
Jan. 1, 1880
July, 1870
March
do
A D.
do
do
A 8.
do
do
A. A O.
do
do
M. A N. N. Y., Bk. of Commerce.
M. A N. N. Y., Rutteu A Bouu.
J. A J.
New York.
J. A J. N. Y., Mercantile Bank,
M. A N.
do
do
A. A O.
Boston, Co.'s office,
J. A D.
do
do
F. A A.
do
do
J. A J.
do
do
M. A N.
do
do
M. A N. N.Y.,M.K.Jesup,P.A Co.
M. A N.
do
do
J. A J.
do
do
M. A N.
do
do
J. A J.
New York A Detroit.
M. A N. New York A London.
M. A N. N.Y.,M.K.Jesup,P.A Co.
A. A O.
do
do
F. A A.
do
do
J. A J.
do
do
.M. A 8.
do
do
Various
Detroit office.
A. A O. y.Y.,M.K.Jesup,P.ACo.
J. A J.
do
do
J. A J.
do
do
J. A J. N.Y.,M.K.Jesup,P.A Co.
A. A O.
do
do
J. AD. N.Y., N.Y. Cent. A Hud.
J. N.Y., Brown Bros. A Co.
A O. N.Y.,R.T.Wili<on ACo.
A J N. Y., Gallatin Nat'l B'k
A J \. Y., R. T. Wilson A Co
A J,
do
do
Jl. A N.
do
do
J. A "j. Phila.,'bvP.'A'R. RR.
M. A S. Phila., P. A R. office.
J. A J. Phila., Girard Nat. B'k.
A. A O.
do
do
J. A J.
Bosti>n, Co.'s Office.
J. A J.
do
do
A. A O.
do
do
M. A 8.
do
do
M. A N.
do
do
M. A S.
do
do
do
do
M. A 8. London, Baring Bros.
M. A N.
New York Agency.
M. A N. Phila., Peun. R. R. Co.
J. A J.
do
do
J. A J. Phila., Penn. Trust Co.
A. A O. Phila., Penn. R. R. Co.
N.Y., Co.'s office.
J. A J.
do
do
M. A N.
do
do
M. A a.
do
do
M. A S.
do
do
A. A O.
do
do
J. A D.
do
do
J. A J.
uo
do
J. A D.
do
do
M. A 8.
London.
>I. A S. New York ,ind London
J. A D.
London.
J.
JfoHUs-frinci
When Due,
Stocks— Tjoat 'm
Dividend.
pal.
April 20, 1879
Offloe.
M.
S^, p.
"1872
1671
tfaeee Tables,
J.
Detroit Lansing <ft Lake Michigan.— The report
f.ir 18?5 is given briefly in the Ouhoniclk. Vol.
8'J, on p. 399, showing gross eamhv^'s of $739,704.
net. $210,896. Couponson Ist mort. paid half in cash
and half in pref. stock; coupons of I. & L. bonds
p-aid in cash.
Foreclosure prociedings are pending:.
(V. 88, p. 416.)
•k Baltunore Railroad for 30 per cent of gross earnings. In 1874-5 gross earninga were $510,094, and
net receipts therefrom, 8153,048.
A
A
A
A
A
7
Detroit Eel River
Ittinois.—To be sold in foreclosure. (V. ii, p. 305.)
old ext. niortg. bonds of 1881, are yet oat, which
will be retired shortly.
IWouon!.—Leased by
1860
1863
3
6
&
leased to Little Miami, and
St. L.
1,000
50
2d mortgage, convcrtllile
&
1874
959
.
to Pittsh. Cin.
"50
100 Ac.
100 Ac.
100 Ac.
100
1858
1860
1866
39
39
114
Sonds
<t Western.
1,000
1,000
1,000
1,000
50-'56
"
Dayton
with that
1,000
1,000
ioo
3(>
2d mortgage, convertible
•Eastern (Jfa»».)—Stock
^5ssex RR. bonds, Sept. 1856
Ten Year Notes due 1885, April 1865
BoudH due 1888, March, 1868 to 1869
do
1889, May 1869
Ten Year Notes
sterling, sinking
500
500 &e.
500
1863
1863
1870
1868
6A
575,000
1,359,000
770,000
81,000
2,500,000
1,000,000
628,525
377,115
1,702,316
150,800
51,000
150,000
250,000
100,000
1 10,000
103,266
5,000,000
290,000
580,000
81,500
450,000
3,200,000
2,500,000
1,968,274
2,999,000
730,000
135,000
147,000
190,000
1,369,200
495,000
400,000
200,000
4,997,600
194,400
160,000
1,000,000
500,000
3,516,000
1,000,000
3,000,000
2,000.000
500,000
500,000
1,000.000
570,000
78,000,000
8,530,010
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182.600
Various
100
'36
:£ast rennsi/leanla—^tock
1st mortgage
Eastern Sliore, (Jfrf.)— 1st mortgage, convertible
^o
1,000
1869
1,000
1870 500 Ac.
1874
1,000
1871
1,000
1873
1871
1,600
1872
1,000
1873
1,000
1869
1,000
1870
1,000
1855 250 &0.
1856 500 &c.
1860 Various
1863 Various
1866 500 &c.
1853 100 &c.
1853 500 &c.
1851
1,000
1854
1,000
1853
1,000
1866
1,000
94
94
2d mortgage
do
do
Milwaukee— lat mortgage bonds
50
100 &c.
100 &c.
18.58
$614,000
1,388.023
100,000
1,000.000
25,889,000
1,633,000
1,198,000
500 &c.
1856
1872
1859
"60
25
106
118
87
28, 18.56
1st funded coupons, Nov. 15, 1860
2dfiraded coupons, Nov. 13, 1836
.Sonds of June 30, 1866 (conditional)
-.Sterling (Oak, & Otta. RR.) Oct. 1, 1853, gold....
Dollar (Oak. & Otta, RR.) bonds, Oct, 1, 1853...
1st mort. (Detroit & Pontlac ER.), April 1, 1851.
3d mortgage (Detroit & Pontiac RR.), Feb. 1854.
.2d mortgage, (Detroit & Pontiac RR.), Jan. 1853.
JBonds of Sept. 1, 1860, (Limit $300,000)
Bonds & mortgage on Detroit real estate
'Dubuque <t Sioux City Stock
Ist mortgage, Ist division
Ist mortgage, 2d division (for .$1,400,000)
Dubuque Southwestern— lat mort., pref ., sink, fd
Ist mortgage. Oct. 1, 1863
Dunkirk, Alleijh.Yalleji a Pittsburg— l»t mort., gold
fDnchess d: Columbia 1st mortgage
^Hast Tennessee, Virginia d Oeorgla—Stoc^
•
1,000
'
dlseoTered In
Amount
Where Payable, and by
0«UtandIng«?;^,riZ'!f,^
jPay able
WTiom.
$1,000
50
im
of anjr error
INTEREST OE DIVIDENDS.
'
2d mortgage, April
.1st
Par
1859
1856
iVoia 1875
if-
<t
Size, or
of
llOij
13
T^ackawanna & Bloomsb., 1st mort. (extension)..
do
do
2d mortgage
Denrer Pwci/fc— 1st mortgage, gold, land grant.. ..
Denver d Hw Cr mde—lat mort., gold, siiik. fd
Ven Moiut's t->*rl Dodge — 1st mortgage, coupon
Detroit, Eel Iticer A /«.— 1st mort., coup, or reg
2d mortgage
^J>etroil. iMnsing a Lake Jf tcA.— 1st mortgage
ist mortgage, on branches
2d mortgage, on main road
Ionia
Date
of
Hound Broo V—lst mortgage
Delaware. Lacl.auaniia d IfMterM—Stock
2d mortgai;c (UeUiwaie, Lackawanna & Western)
Bonds (convertible June 1, 1875 to '77)
'Detroit
I
immediate notice
Road. Bonds Value.
tables.
Dayton d VCealern—\»t M., guar. L. H. dc C.
42>j/airu/-e
kItIiik
"j3
[ifay 27, 1876.
May, 1876"
1876
Jan.,
<
1, 1880
1, 28ea
1, 1''78
1, 1873
1, 18971
Sept. 1, 18791
M.ir. 1, 18831
Oct. 1, 1880
Juno 1, 1888
July 1, 1891
Jan.
Oct.
Oct.
Oct.
May
(
do
Union Trust Co.
do
do
do
do
Y.,
.
1893 1
1875 j
.8ept. 1, 19201
Mar. 2, 1894
J.an. 1, 1903
Mch. 10, 1876J
July 1, 18831
April 1, 1890j
Jan.,
Sept. 1,
|
own account since December. 1869.
ou» for $216,000 overdue. (V. S8. p. 897.)
ated on
Coup
H
Eastern (Mafs.).— Leases Eastern in N.
witl
stock of *493.5)0. Lea.'ied Portland Saco A P. at 1
per cent, but
accepted by P. S. A P. for 1876 an(__
1877.
Company embamssed 1875, V. 21, p. 347^1
Annual report. V.21. p. 569; V. 82, p. 15«. Fund-f
ing proposal V. 21, n. 618. (V. 20, p. 177, ai8 V. 21
1""
p. ;323, 347, 6J5, {69. 618; V. 22, p. 42, 61, 87.
;
158.)
Elmlra
cm
<*
mffianwporif.—Leased in 1813 to North-'
Central for 9D9 years.
per year.
Rent amounts to $165,0001
Krie.—yir. H. J. Jewett, the president, was nopointi
ed receiver May 86. Negotiations fur settlement withl
bondholders pending— see report of London ComJ
mittee in V.82, p, 428. Int. on the first four mortgngeM
is paid.
Foreclosure suits were commenced linUeil
the fifth and consolidated mortgages, but
Febmary. 1876, overdue interest on 5th mort^as
waspaidbyMaitland, PhelpsACo. The largest graS
earnirgs ever made were $20.0U,6fl6. in 1878-3. Thfl
following comparison for four years is from th
company's renort to N. Y. State Engineer for tb
years ending Sept. 30
1S74-5
Gross
Net
Receipts.
$17,677,746
$4,99-1,616
Earnings.
Interesti
Rentals, Sea
1878^
1P,.=)98,890
5,U.'B,161
$0,.i51.7«l]
5,O2l,02)|
lS!i-3
20,";8,6fl7
6 871,965
3,485,9
18718
18.371,888
.5,777.883
2,'J89,4
(V.
6iiH;
-in,
p.
288; V
V. 21. 0.39.
20. p. fit, 8.5, I4»,4.V', 477.
63. 1:17. 159. 186, 907,5.30.277',
441, 591, 612; V.
i73. 423, 417, 487.)
39.3,
a-3,
p.
41,
K;, 579.1
.3(J8'
371'
42, 158, 833, 881,803.
Erie <{• Plttsbnrg.—l,eiife& in perpetuity to the^^b
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 per cent per annum on stock
and debt. Net earnings, 1875, $326,787. V. 20. D.
4-^6.)
^M
^"
May
RAILROAD STOCKS AND BONDS.
27, 1876.]
Subscriber* will confer a great
Avor hf glrlax Immediate
DKSCKirTION.
Date
Milei
Size, or
of
of
For ezplitnatlon of coUimu hoodinirg, &e., roc notes
Road. Bonds
at the liciMl of flrst page of tables.
Erie
<«
Amount
Par
Outntaudlng
Value.
Rockvilk' ox tiMi»ioH
EmitvUle, lerre Haute it OAte.— Ist mort., gold
2(1 inortg.aKO, Kold
FUchtiurgSitH'ii
Bonds, coupdiis (!(H.(MK),000 authorized)
I'ere itari^itette
it
811s 1808
$1,000
1809
1869
1809
1867
1,000
"od
&8
49
88
61
109
23
50
50
&
1,000
1,000
1854
1800
1870
1873
500<tic.
1,<KK)
1,000
100
1,000
1874
—Stock
233
233
««
190
iBt m. on 2()ni.. 2d on 40; 1. gr. l."):i,('>00 ac., 2d d.
1st mort., land grant :!.">8,()00 acres, :id div
Flint A Holly 14H. (siuk'g fund $25,000 per year)
Bay City, K. Saginaw, ist mort., guar by lessees.
Bay County, Issued in aid, guar by lessees
17
13
$2,193,000
800,000
1,000,000
2,000,000
814,000
2,000,000
301,000
610,000
147,000
775,000
325,000
4,000,000
800,000
3,298,200
2,425,000
35,000
2,152,000
400,500
100,000
76,000
280,480
1,000,000
800,000
400,000
1,000,000
200,000
300,000
1,500,000
600,000
1,800,000
500,000
800,000
1,700,000
1,493,000
500 Ac
£200
18.52
94
Consolidated tnort^rajrc, .^inking fund
100
1872
I860
1808
1808
1807
l",(X)0
1,000
500 Ac.
500 (kc,
500
Constrnetion bonds
Holly,
Wayne
Jn
2dmorlg.agc
(Kl. &.
Central of L.
1.,
65
58
Monroe, Ist mort., sinking ftmd.
FLiishbiy, Northshore d-
Cent— Ist mort. (Fl. &N. 8.).
N.
8.)
mortgage
1st
do
do E.vtensiou Ist mortgage
10
Fonda, Johtuttown it GtoperitpUte—ltitj mortgage
100
Fort Waifne, Jarktion it Sa(/iuaw 1st luort., coup.
100
ad mort. and (-(julpment bonds, C(ttipon
109
Fort Wat/Hf, Muiwie it Cim-innati lstmort.,gold. ..
109
2d mortgage
20
Framiiifiham it Lowell 1st mortgage bonds
aalnesl^iii, llarriHb.dt San AnU)nUy—\»t mort, gold
82
Hend. 0/1871— Ist mort...
Galveston, Iliiitslun
50
35
Oeneea, Ilham if Athens— \e,t mort., s. f., gold
Qeoryia Railroad iG Hanking Co. Stock
232
Bonds, not mortgage
il6
OUinan, Clinton it Springfield— l»t mort., gold.
110
2d mortgage, goM
Grand liaplds d: Indiana Stock
335
335
Ist mort., land grant, gold (guar, by Pa. RR).
335
Ist mort., land grant, gold, not guaranteed
Income mortgage bonds, for $10,000,000
335
Orand Trunk (Canada) Consolidated stock
1,377
Now stock for .£10,000,000
Mortgage to Bank of Up. Caniula on surplus lands
Equipment mort., 1st on all rolling stock
—
—
.
—
if-
—
.
—
—
1871
1869
1870
1872
1873
1870
1809
1871
1869
1871
1871
1873
1872
1870
V.ikio
500
A<!.
1,000
500 Ac.
500 Ac.
100 Ac.
1,000
i.ixio
1,000
l',6<K)
1,000
100 Ac.
100
1870
1872
1,600
1869
1869
1875
1,000
1,000
6(X),000
4,200,000
644,000
2,000,000
1,000,000
1873
iElOO
2d
.
.
2d
do
do
2d
do
3d
do
conv
Canadian debentures (£8,000,000)
2,327,808
7,166,910
4,511,500
£4,459,309
.
Western (Cajiarfn)—Common stock
Preferred 5 per cent, convertible luto common.
1875
100
652%
ttreat
£20 >a
GreeHcille
it
£100
£100
£100
£100
Columbia— lit mort.,guar.by State
.
Boiuls not guaranteed
(for $2,500,000)
Gulf, Western Texas it Pacific— l»t mortga,ge
Hannibal it St. .Toseph Common stock
Preferred stock (7 p. c. yearly, not cumulative)
Missouri State loan
143
.
ii's
. .
15
53
54
51
:.
2d mortgage
Bonds of IHOit
Bonds of 1873
—
Defaulted in
North American.
<t
very complete stateioBnt of debt, including bonds p'edgcil for loans, in V. 21, p. 31.'). Interest is paid on let mortgage and Bangor & P. (V. 20,
p. 616-, V. 21, p. 15, r.f, 315, 318, 895, 418; V. 21, p.
371)
EmmwUle 16 C.'nw/"o)'i-/seW«— Common stock is
»l,(M(,400;_pref(;rred, if lOO.nOd. Net earnings 1874-5,
"Tlic companv has pnid interest reguLwIy,
$.4\.'3I>.
but no dividends. (V. 31, p. 488.)
F.vansMe, Tfrre Iliute ,& Chicago.— la VSH&-Dei
A
were $114,089.
(V. 21, p.
130.)
Fdchburg.—lji&'iei Vermont & Massachns^tts.
Net (amln28l8r4-.5, $.191.02!; dividends, 8 percent
(V. 21, p. S9,
590.J
Flint & Pere Marguette.— Grose carninsrs 1875,
f 1,055,0'3; net earnings, |3>8,49S. The lands are in
five trust; sales in 1875, 7,430 acres, for 8*4,6.39;
total to Jan. 1, 187« 2I»,0.19 acres, for JS.US.Oei;
lands yet nnsold, 548,5ii2 acre*. Coupors on consol.
and part were funded.
566&C.
100
100
1,180,000
100.000
100,000
1875,
21, p. 488, 531.)
&
Westchester
1.50,000
Galveston, Harrisburq
ross.
Net earnings
IMvl
78.
(V. SO, p.
382)
Fonda, .Johnstown <t Otovertville.—liet earnings
187i-3, S45,9r.
Fort Waijne, Jackson c* S(»{)'i''«w.— Traffic guaranInterest was
4(1 per cent from Michigan Central.
psssod January, 18:4. Gross earnings, I8r4, $282,882;
ottl
V. 2J,
365;
V.
20,
p.
net. tl-27,.309.
(V. 19, p.
tee
;
p. aV!.)
Fort Wat/ne, Uuncle tt CTndnnai'l.-Receiver
appointed Nov mber, 1874. (V. 19, p. 502, 528, 583;
V. 20, p. 181.)
Framinr/ham it Lowell. -Leased to Boston, Clinton & Fitchburg; has also $160,000 8 per cent bonds.
7
8
10
10
10
8
8
7
7
7
7
7
8
8
I'7
6g.
!«•
7
7g.
8g.
Vg-
IBM'
1880
6
TiOndon, Co.'s Office.
A
A 0. London, at Co.'s Office,
do
do
A
do
do
A A.
do
do
A
do
do
A
do
do
A J.
AO. London A Montreal,
do
do
A 0.
London Joint Stock B'k.
A
do
do
A
AO.
do
do
do
do
A 0.
do
d*
A D.
7
Colombia, Co.'s
4g.
6g,
6g.
IBM
IBM
18»7
1887
1H87
IHHO
IMO
1B7S-.
.T.
A
San
5g.
4
g.
5g.
IH
21a
5
6
J.
A
J.
A.
8
8
M.
F.
10
,1.
3>3
J.
J.
J.
6
7
187.-i-0.
$1,19I,3J4
611.677
552,646
187a
1890
1881 to 188S
Office,
Jan.
J.
A
A
A
A
A
A
A
A
Q.—
2
1,
1909
F.
&
do
do
April 1, 1881
Mar., 1885
Jan., 1892
Jan., 1892
Jan. 1, 1876
do
do
do
do
do
do
Phila. Co.'s Office,
do
do
Hartford,
Am. Nat.
July
Jan.
B'k.
1.
1,
1883
1876
Bridgeport A Boston. April 10, 1876.
ISS.'V
A. Bridgeport and Boston.!
l'*^*
do
do
I
I
:::
1
1884-1887
N. Y., B'k. No. America.
1883
and appartenanccs. No. 4.001 to 8,0C0.
pons April and October. Annual report, V.
line
C0»
81, tk
{V. 21, p. no, 534.)
Grand Trunk ( Cono<fa).— These
figures rcoreseni
Gross earnings in half year ending
ster:lng.
1876, £1,028,85''; expenses, £818.408; net eamines, £i(B,430. Report in V. «, p. 445. i.V. 81, p
pounds
Jan.
1,
.
_
44U.)
in
Great Western (Cona<fa).— These flgrres are rivea
pounds sterling. Company leases several roaas in
Canada, amounting to IX'i miles, and the Detroit
A Milwankce, 189 miles. For the half year ending
Jan. 31, 1876, tlio gross receipts were £4.*(,087;
working expenses, £309,567; net earnings. £18e,6iC.
Report In V. 42. p. 446. ( V. SI, p. 418, 640.)
Greenville <fe CWi/mAi<J.— This companv defaalt«l
several years since, but compnimiscd witn its bond(See CHRONICLE, V. 16, p. 2*); V. 17, p.
holders.
668; V. a, p. llu.)
* PaciJIe.—'Set eamingVi
Overdue coupons, $3iS,5iO. Boodholderiwait. (V. «0, p. 428.)
Hann'bal eft SI. Jo»eph.-Ot the M'ssouri State lo«
$1,500,000 was extended for 80 years. It U naled
that the Co. has #2 .W.rCiO in land notes, and 90,000
acres yet unsold. A change in the directors took
place Nov., 187.5. No report has been is«ned since
460, 752;
Gulf,
V.
JO, p.
Western Texas
1874-.S, $50,000.
company
is to be sold June 8. 1878.
(V. 19, p. 143, 898, 58i; V. aJ, p. 404, 670, 615; V. 21,
defanlted in 1874, and
2«, p. 375.)
Grand Rapids <ft Indiana.— \n 0fflci.1l description
ef bonds was given when tlicy were put on
New York York Stock Kxthe call of the
chinge, in Januirv, 1876, as follows: »4,0(W,n.lO
ore 'Ouarantocd Bonds." Princlpil and interest
guaranteed by the Pennsylvania Riilroad Company, an(i arc also a lien npon tlie land grant.
Unsnarantecd
$3,020,1100 aro
No. 1 to 4.0 0.
the
same
sccnred by
Bonds," which are
mortgage as the guaranteed bonds on the en
$'J89,000 aro "Ex. Land Grant
tire land grant.
Bonds," biinj a part of the orignai $1.0a0.'00 unguaranteed bonds, wliich have from time to time
been redeemed by the operations of the sinking
fund. When the land certificate is detached they
are no longer a en on the land, but. by the terms of
the trust deed, remain a fl et mortt.aK« on the whole
"
Dec.,
1877
Auj?.;'l8T»-
7
In May, 1875. this company, with the Central Ge rgia,
pnrcliased at foreclosure sale the Western Railroad
of Alabama. (V. 19, p. 247; V. i\, p. 395.)
Springfield.— TXm
Oct.,
Oct.,
"7'
7
«
1873 i
1873
July, 1871
July, 1878
do
do
7g-
Georgia Railroad & Banking Company —The annual report for the last fiscal yonr, ending April 1.
A. comIS;6, was published in V. it, p. 469.
parative statement for throe years was as folk-ws:
<*
Perpetual.
Oct..
Oct..
.1.
5I3
51a
Anto'io.—Ta prog'
1874-5.
$1,281,907
816,097
455,809
Irredeeroahle.-
.1.
filO.
1878-4.
Perpetual.
Irredeemable.
Irredeemable.
.T.
.T.
lt74-5, $310,374. (V. 2«, p. 375
Tot. gr. earng's... $1,571,785
68',4.58
Operat'g expenses.
6S4,.3.31
Net callings
April, 1877
Jan., 19aa
.1.
Various.
Geneva, Tthaca * Athens. -Consolidation in 1874 of
& Ithaca and Ithaca & Athens. In Receiver's
hands, April, 1875. (V. 17, p. 835; V. 20, p. 357.)
I
IMS
1,
A.
Geneva
V.
July
A.
April 1, IBM.
do
AO.
M.AN. N.Y., Mervh'nta'Ex.BIt May. IMS
J. A J. N. Y., Heohau. Nat. B'k. Jan. 1, 188T
Sept. I, I8B9.
do
do
M. A 8.
do
May 1, 1B88<
M. A V.
do
J. A J. Newark, N. J., Bav. In*. July 1, 1882:
8ept.
New York,
1, 18«r
M. A B.
Jan. 1, 1870
do
J. A J.
Jan.
1, IWl
J. A J. N. Y., Meeh., Nat. Bonk.
M. A N. N.Y., Chatham Nat. Bk. May 1, l««a
do
do
M. A N.
Mar. 1. 1902do
do
H. A B.
May 1, 190S
do
do
M. A N.
J. A J. N.Y.,8t.Nle1l.Nttt.B'k. Jaly 1, 1000
J. A J. N. Y., Farm'». L. A T. Co, July 1, 1889>
Oct.. 1881
do
do
A. A O
Oct., 1889
Boeton, Office,
A. A O.
April, 1896
do
A. A O.
1891
1910
F. A A.
Boat. A London.
J. A J. N. Y., F. P. .Tames A Co. July 1, 190»
J. A J. N. Y., Mctrop. Nat. K'k. July 1, 1890J. A J. Augusta,Ua.,KR. Bank. Julvl5, 1875
yearlv to 1890
do
do
J. A J.'
Sept., 1900
M. A 8. New York and London
Jan., isg-i
J. A J.
18B9k
J. A J. N. Y., Wlnslow, L. A Co.
do
A. A O.
do
7
"s
Galveston, Houston cfc Henderson.— Jiet, earnings
(V. 2J, p. 315.)
p. 39, 63, 110;
N.Y., Union Tm«t Co
A O
do
Oct. 1,
do
Boston.
A J.
Jon. 1,
M. A .B
New York.
Mar. 1,
A. A O. Boeton, 8c<-(ind N. Bank April 1,
London.
July 1.
««• J. A J.
J. A J M.Y.,Fanu,L'au A T.Co. Jan. 1,
do
do
Nov. 1.
M. A N.
7
do
Aug. 1,
F. A A
do
7
N.Y.,Fann.L'an
A
T.Oo.
May 1,
H. AN
do
do
J. A J.
Ofltce.
Jan.
I'- J. A J.
Boeton
1,
18?4, $255,375.
GUman, ainion
A J
J.
(V.
Flushing, Xortlishore li Central.— fi. consolidation
In 1874 of seven companies. Operates Southern of L.
I.
There arc. in acldition to above, '2.). mO N. Y.
& Flushing RR. 7s; «14'.).u00 North Shore 7s; and
16, p. 168.)
700,000
481,000
820,000
I8.V3
1869
1873
European
(V.
1,182,5.50
.50
120
120
74
Preferred stock
Whitestone
1867
26'3 1853
Honsaton ic— Stock
bonds passed Nov.,
20, p. 4 >8, 593; V.
1,000
1863
1870
Ist mortgage {Qiiincy & Palmyra RR)
Ist mortgage (lvans;is City & Cam. RR.)
Harrisb., I'ortun' th, ilt. Joy (tLanc—StiOck
*
1st mortgage
Hart/., Prov. it Fishkill^lHt mort. (R. I.)
»93,000
bjr
J.
032,237
1,386,000
9,167,700
5,087,224
3,000,000
109,000
4,000,000
500,000
1,200,000
100
100
1853-7
Land grant mortgage
Bonds 1870, convertible
7
7
6
1876
09
275
275
—
years.
1,413,071
Various
New mortgage
some
288,883
1,998,275
127,000
485,000
62,000
1,000,000
.
Debentures
Mortgage bonds, coupon
do
do
do
do
New bonds, coupon
for
Payable, and
WDom.
Payable
Cent.
(1)
£3,425,124
7,800,000
221,190
500.000
500,000
1,200,000
3,218,149
Ist pref bonds, conv. into Ist pref stock
earr-ingu
When Where
Rate per
2,800,0<K)
4,000.000
4,000,000
do
do
Postal bonds, &c., secured by gov't business
do
1875.
anr error dleeoTere4 la theee Taklee.
JfonW*— PttaiT
INTEREST OR DIVIDENM.
[mJ, Wben !>»
PillsbHrg—K'oHlinued)—
CoiiKolKliited mortgiigo free of State tar
KquipiiH-iit boiKlH
Europ'iiit H.Am.—l»tVl., Bang'rto Wliin.,Bang'rrn
LiuKl Krant l»t iiiiirt. (2(1 mort. Haugor to Wlmi.).
Bangoi' Si riKriitiii|iiiH, liangur loan, 1st moitg. ..
l8l iiiorlgagn, »t(iliiig. on N. Biuiiswlclt road
111., 8. f
EtansD. it €rawf(inlsc.—\.iit in., Ev.
Ist mort., RiiikiiiK tuml (Evaiisvllle to Torre H,)..
Flint
notice ol
zuc
1873.
(V. 21, p.4«, 488; V.
«.
p. 158, SSS.l
Hanisbunj, Portsmouth, Mouittjoy * Lancaster.—
Leased to Pennsylvania Railroad, which own« a
majority of the stock.
Ilartforii, Proridenee it FIshklU.—This road forme
a part of the proposed line of the Boston. Uartford
The bonds fell due Jan.. 1876. but cllv of
.t Erie.
Providence declined payment and suit 1« pending
(V. 5<, p. 87,
304.)
fl(WMtoni<;.-Leases BcrVshire Railroad, Stockbridge & Pittsfleld, and West Slockbridgc. Orooa
eaniings in 1874-5 were |«*>.0(>B: net, »«J«,IVS. The
(\ . »!, I*
mort. bonds duo 1877 paid off Nov., '7S.
23X.)
.
RAILEOAD STOCKS AND BONDS.
XX
Sobserlbers
tvlll
confer a grreat lavor
DESCRIPTION.
For er]>lanati(m uf coliimu
at
head of
tliu
tlrst
Miles
boailiiizs, iScc, see
page of
<c- Te-iiia Cc«/.— Ist M., (main) gold, l.gr.,8.f
1st luort., West div. (Hempstead to Austin)
iBt M., gold. Waco & N'woBt (Brcnioiul to Waco)
Consol. .;.,.; t., 1. gr. (coupon, but uiay be reg'd)
-'Buntiiii.ilon it: llroatl Top 1st molt., gold
2d mortgiigr, gold
3d luoi tgi'ge .consolidated
Scrip for past due coupons
^JUinots Central—Stock.
Redemption. 1st and Md scries
'General mortgage, sterling
sterling bonds, (sinlting fund $100,000 yearly)
Moi-tfiage. sterling
Indlauajinlis, liloomiHglon d ire»(.— Ist mort., gold.
.
.
—
343
118
47
401
58
58
58
1806
1870
1873
1872
1854
707
1851
1864
1875
1874
1875
1869
1870
1872
1870
187d
203
202
217
2d mortgage
&
W.. Extension, 1st mort., gold
/ndiaHVio/w/VcrfA^r.— let M.,gld (for $1,800,000)
2d inort., (Income bonds only till July, 1881).
8.-)
.
—
Indianapolis, Cincinnati i£ Lafat/ctte Stock
Preferred stock (issued for funded debt bonds)
ludianapolis & Cincinnati of 1858
Indianapolis, Cincinnati & Lafayette
90
154
174
Equipment bonds, registered
<:inciiiiiati & Indiana, Ist mortgage
2d mortgage, guaranteed
Indianapolis
St Louis— lat mort., in 3 scries.
2d mortgage
Equipment bonds
IndxanapoUs
FHiccnneg— Ist mortgage, guar...
20
20
71
71
-
.
il7
117
459
204
it.
2d mortgage, guaranteed
Oreat Northern— CnnsoX. stock
International, Ist mortgage, gold
Houston <& Great Northern. 1st mortgage, gold.
Int. & H. & (}. N. convertible bonds
do
do
2d mort., (exch'blc for eon-vcrt.)
Xlnlemational
rf-
Sioux Oiiy—lBt mort., April 1, '69
Tron Monn/aiii, Chester <£• JJ.— 1st mortgage, gold
iacksonn., i'«Hs.<£- i/o6.— Florida State bonds, gx>ld.
Jefferson (PaJ—Ut & 2d morts. (Hawloy Bratfch)
loica tails
2.55
459
184
it
mortgage (Susquehanna to Carbonilale)
Jeffersonvllle, Madison <£ Indianapolis —Stock
ludianapoh.s Ji Madi.son, 1st mortgage
Jeffersonville, Madison & lud., Ist mortgage
do
do
2d mortgage
Jersey Cilii it A Ibany— 1st mortgage, gold
Kidgelield Park, (N. J.,) 1st mortgage
Joli^t d: Northern Indiana— tat mortgage
Jviittion, Philadelphia— iHt mortgage
2d mortg.agc
Kansas City, St. Joseph d Council Bluffs—Stock.
. .
.
250
9
.
.
38
8(!
1.59
1.59
38
12
. .
265
53
78
78
130
262
.
>-^
5*
-'S
c,£
5 '^
Q^
Des ilfoi/ieg— 1st mortgage
interest bonds
Knox <6 Lincoln— 1st mortgage
liahe Erie <£ Louisville— 1st mort. ($l,100.6o())
it-
50
ii, p. 328.)
Broad Top. - Capital stock is $1,Gross earnings in 187.1 were $332,829; net,
Interest passed oa 3d mortgage bonds.
Huntliirplon <6
l».Vi50.
tlK.483.
Illinois Ceiitial.—A general mortgage provides for
all the bonds now outstanding.
It is limited to
*1.'),000,0(»).
The Company holds among
its assets,
S4,^4i.0U0 seven per cent bonds of the N. O. St.
Louis & Chicago RR. These Bonds are part of
S6.0(X),000 which bear a pun basing agreement of
•800.000 per year, but are not guarant ed by the 111.
Cent. Annual dividends for three years past have
*een 8 per cent, and previously 10 per cent. The
following is a eom| >arison for four years
Gross
Net
Jcear.
Earnings.
1875
$7,'02,556
ISM
7,9m,721
Earnino's.
$2 670.081
2,775,362
2,5)0,890
2,ini,lU7
l»ra
1878
8,263,325
8.026.754
—(V. 20, p.
i6, 256.)
140, 288; V.
61,
Interest,
21, p. 489:
Ac.
2.>7,
P
f/utianaixtlii, Cincinnati <6 Lcifayet/e.—The com
pany was re-organized in Jnne, 1373, and has since
been doing a good business. The last annual report
was in V. 21, p.
Gross earnings, 1874-7.5,
J.
$1,767,2.31; net. $670,930.
(V. 20, p. 162. 337; V. 21
p. 207, 277, <85; V. 23. p. 2.57.)
46
/ndiana/tolis,
Demtur
& Springfield -Thia em& Illinois Central. The
10 holders of old I A I C
*races the former Indiana
second mortgage is issued
firsts,
aud
till
July, ISSl, Interest
is
1(!0
500 Ac.
1,000
1.000
150 &c.
500 fee.
1,000
1.000
500 &c
1.000
1871
1872
1872
1874
1869
I'.ob'o
1,000
1,000
1,000
500
&c,
1870
1867
1869
1,000
1,000
100
500 &e
1862
1866
1870
1873
1872
1,000
1,000
100
1866
1867
1869
1868
1870
1873
1,000
1,000
500 Ac,
1,CMX)
1,000
50
1,000
1,000
1,000
1,600
1.000
100 &c.
250 Ac,
1.000
1,000
1 ,000
500 &e.
1,000
1.000
100 &c.
100 &e.
1872
1,000
7
A. &. O.
4
6
6
F.
&"a.
&
g.
A.
A.
A.
o
g.
J.
^"•
A.
7g.
J.
J.
1,.500,000
7
g.
375,001)
500.000
1.497.000
2.000,000
1.000,000
500.000
1,700.000
1,450,000
5,500,000
3,264,000
4,084,000
3,116.000
1,843.000
2,900,000
660,000
4,000.000
300,000
2.000.000
1,994,500
397,000
2,439,000
2,000,000
300,000
800,000
500,000
300,000
2,789,413
500,000
1,400,000
539,500
2,500,000
887,000
948,000
305,000
20.000,000
6,404,000
2,240,000
4,063,000
6,303,000
600,000
170,000
&
Vg.
I'8
7
7g.
8
7
7
1%
7
7
7
7
7
g.
8
6
6
June
10
8
7&7g.
8
8
payable out of
1876,
on
F.
«
6
J.
7
7
7
7
g.
g.
7
g.
lU
N. Y., Lond. A Frankf t.
N. Y., Bk of Commerce.
A
3.
A.
A.
do
A S,
do
A 8.1
do
do
A J N.Y., Lond. A Frankf't
A S
New York.
A O. New York A Frankfort
A O.
New York.
A
A
A
A
A
A
J. Phila., Corn Exch. Bank
S. N. Y., Bank of America
do
D.
O.
O.
New York
O.
New
a vear on stock.
Lease transferred December,
Pennsylvania Company. In 1375, net earn
Jersey CUi/
was stopped
it
(V. 20, p.
426.)
^ao"!/.— Road was
In panic of 1873.
(V. 19, p. 365; V. 21. p. 613.)
^H
Aug.
do
York.
1,
1,
1899
1895
June 1, 1896
1895 to '97
1896
1876
1916
1880
1886
1903
1903
1889
1883
March,
June, 1885
1904
1884
1,
1,
1,
July 1,
•Sept.,
April 1,
April 1,
Jan. 1,
April, 1892
—
&
.Toliet
Northern Zn-Hana. Mich. Central offered
to extend with a 6 per cent, buul bnt court dfcided
that total rent must be applied to principal and
interest of bonds; still in litigatio.a. (V. iO, p. 85,
140,429; V. 21, p. 110)
—
Junction (Phil.^ Owned by connecting companies.
Cost of road $803,331; paid-up stock, $185,000.
Kansts Clt-y, St. .Jouph it Council Dtufi—Jn addition to these. There are also funding bonds of about
$640,000 in different issues. Annual r.-port for 1875
in V. 23. p. 495. Gross earnings in 1875. «l,.3b2,70S;
net, $35!,839. Stuck, $2,776,i)00. Interest defaulted
Sept., 1873. (V. 20, p. 475; V. 22, p. 213, 495.)
Ka-nas Paci/ic.— In
against
two
from
1374
net
earnings
were
$l,410,3!13 in 1873.
Tin land
trusts. 2,ii00,000 acres in the first,
the 1st to the 380tli mile, and 3.000,000 acres in
$1.6-<.i,704,
grant
is
in
the second, from 3S0th mil, 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 incomec)
as ah »ut four-fifths of bondiiolderg have funded.
An if^portant sett'euient with Union Pacific made in
May. 1S75. See annual report, V. 21. n. 252. (V.
19, p. 2T1, 365; V. 20, p. 8, 85, 476, 501, 544; V. 81,
•
p. 466, 6i:!.)
Kent Co.— This road was completed
defaulte
A
1
in 1873.
No
Kentucky Central.
Lexington.
Keokuk
in 1872, hut
recent information received.
—This
was formerly Covington
(V. 80, p. 500; V.21, p. 39.)
Des llolnes. —Formerly East. Div. of Des
The stock is $1,.521, 000 pref. and
common. In year 1875-6 gross earnings
it
Moines Valley.
$i, 400.000
were $741,339;
30, p.
net, $226,833.
(V. 19, p. 82, 683; V.
520)
Kn'ix
bat
Bondholders held
in procrress
do
Office.
do
l.>8,)
inga were $433,831;
May
Mar.
July
8
&
do
Jan.
7
$4.6J3,000 stock.
do
D.
M.
M.
7
.lefersotvil'e,
//iiiora<j;)(rfi?.— Leaded in
187i to Pittsburgh, Cincinnati
St Louis Railroad
for interest and sinking fund of bonds and 7 pur
off.
N
A A
Paj'able I3 by transportation.
M. A N, N. Y., Bk of Commerce
6
7
•Teffsrson. -Leased to the Erie Railway Company,
which pays interest on the bonds. (V. 14, p. 623.)
1872, to
190^J
,
7g. M.
7
Jacksonville, Pensicola <* 3/oWfc.—This road la
mortgaged for a like amount of Florida State bonds.
Indefault and litigation. (V. 19. n. 621); V. 21, p. 5J1
c.KB^..
1906
1,
I
Or.
426.)
Madlw *
1,
July
Oct.toJ'uc,74-5
(Vol. 19, p. 520.)
V. 23, p.
1912
.ran.
.
M. A
<6 Sioux (7«y.— Leased to Illinois Cenper cent, on carp.ings. Dividend 1}^ per
1,
1905
'
FuUs
.35
.1903
Oct., 1909
Oct., 1890
do
do
do
York, Co.'s Office
do
do
1.
1,
Dec.
"
"l
International it Great Northern ( TVatas).— This 's a
consolidation of the International and the Ilonston
Great Northern. Interest passed and fundin t progressing.
The company had an issue of Tcxa"
bonds granted it, but the grant \v,as repealed and
lan'l given instead. (V. 2i). p. 136. 2J1, 313, 333; annual raport, V. 2), p. 398 )
tral at
AprU
,
St.
(V. 20, p.
do
Feb. 1, 1870
April 1, 1890
April 1, 1895
,
,
$.33,708.
N. Y., Co.'s Office.
O.
N.Y.,Co.'s Office.
O.
Ijondon.
O. Loudon, Morton R.A Co.
D.
do
do
O, N. Y., Tiu-uer Brothers,
A O. N.Y. Amer. E.\. Bauk, Api-iiViss^"!
A A,
do
do
Feb., 1S97
A D,
do
do
June, 1899
M. & 8.
do
do
Sept.'78,'80,'83
M. A S.
do
do
Sept. 1, 1883
J. A D,
do
do
Dec., 1892
J. A J.
do
do
Jan. '77, '82, '87
Various N. Y Wlnslow, L. A Co July 1, 1919
A. A O.
do
do
Oct, 1, 1900
J. A J
do
do
July 1, 18
F. A A. N.Y Farm. L. A T. Co,
1908
M. A N.
do
do
1900
A. A O. N. Y.. National City B'k April 1, 18
J. A J.
do
do
Jan. 1, 19
F. A A.
do
do
Aug. 1, 189
F. A A.
do
do
Feb., 1904
A. A O. N. Y., Nat. Park Bank. April 1, 1899
M. A N.
May, 1901
J. & J.
New York.
1900
J. A J. Iloncsdale Nat. Bank.
1887 A 18
J. A J. N. Y., by Erie Railroad. Jan. 1, 18^"'
188
Q.-F. N. Y., Farm. L. A T. Co. Feb. 1, 1876
M. A N.
do
do
May 1, 1881
A. A O.
do
do
Oct. 1, 19
J. A J.
do
do
July 1, 191
J. A J.
1913 _
M. A N.
191^'
New York.
May 1, 1919
J. A J. N. Y., Farm. L. A T. Co, July 1, 1874
J. A J.
Philadelphia Office.
July 1, 1882
A. A O.
do
do
April 1, 19
190^1
J. A J. New York and Boston, Jan! 1,' 189
M. A 8.
do
do
Sept. 1, 18fl
189^
J. A D.
do
do
June 1, 1874
F. A A, N. Y.,Farm. L. AT. Co, Aug. 1, 1893
M. A S,
do
do
Sept. 1, 1890
F. A A.
Boston.
Feb. 1, 1898
IniianajMlis & Vincennes.-li' contro'.ledby Penn.
Co through stock ownership, and interest is giiaraateed by ?enn. Railroad.
Net earnings in 1375
were
do
do
do
J.
:m.)
p.
do
do
do
1891
1891
1003
Oct.
1912
Oct.
1890
Feb.
1895
Ai>rill, 1895
1,
1,
1,
1,
1,
1,
July
Pliiladelpliia, Olflce.
A.
F.
Louis.—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 & Terra Haute. (V. 21,
In,dixnapoli<
do
do
7
7
8
7
6
1,706,250
1,500,000
1,135,000
600.000
400,000
844,000
237,000
2,300,000
258,720
2,395,000
1,092,000
O.
O.
A.
A
A
A
A J,
& J,
A O New
A J
A.
StocAs— I^aat
Dividend.
J.
7
7
10
7
7
7
7
4,275,3.50
fc
do
do
'
7
1,200,001)
1 ,600.000
2.800,000
1,701,000
409,100
2,50,000
1,000
1,000
1,000
F.
ifo»irf«— l"rinclpal. When Due.
N. Y., Nafl. City Bank. July
do
do
July
J.
J.
J.
A.
A.
6&7
5,500,000
38,000
2,067,000
5,668,067
&
&
&
&
&
&
J.
J.
J.
g.
Iron Mountain. Chester <£ Eastern.— Th\s was formerly the Chester A Tamaroa. Bonds are in default since 1373. aud a receiver has been appointed.
5.i7.43)
'"''•'
375.)
1875
1858
1867
1869
1873
1873
1862
1867
1860
1870
1871
8
Whom,
Pay'ble
7g.
7
5.'j*.4:)r
V
1
no,
.000
7 g.
cent,
Zndianapolis, Bloominfikm * Fr«s<«m— Defanlt was
made Jnly. 1874, aud affairs are yet unsettled
Receiver's certiftcates issued to Aug. I, '7.\ $201 00
The Danville, Urbana, Bloominjton & Pekin is part
ofthlsroa>1. Plan of le-organization. V. 22, p ilO
(Vol. 20, p. 6>. W5; V. 21, p. 24.J, 277, 34E>, 395;
V.
16, 61,
1
Cent.
41.3,610
first
^2. p.
1.000
1,000
1,000
1,000
$6,227,000
2.305,000
9 40,000
2,864,000
416,000
367,500
1,383,000
100.707
29.000,000
2.500,000
2,500,000
4,642,000
1,000,000
5,000,000
INTEREST OR DIVIDENDS.
Rate iier When Where Payable and by
net earnings only, if ruflicient. The remaining 67
miles to Indianapolis is in progress.
Iowa,
$661/9?
*200
£200
£300
1871-2
Funded
U40; V.
ioo
,500 &0.
673
245 180'9
140 1865
253 1866
394 1865-7
34 1866
1866
427 1866
1870
1871
5612 1873
33 13 1873
34 1869
99 1853
99 1855
162 1874
1874
bonds
Houston tfc Texas Central.—Qt'ss earnings in IST.t
were $2,9iO,0)2; net earnings, $l,Uj,«.i5. Interest
-.charge, $17.1,003
Capital. $«.5Di),00J. (V. SO, p. 77,
1,000
4I2
_3d mortgage
'neolmk
1805
44
1st M.. 394th to t>3i)th mile. I'd gi-.. 3,000,0(36 ac's
1st mort., gold. coup., on 140 miles west Mo. Kiv.
Ist mort., gold. 140th to 393d mile
2d mort (to U. 8. Gov.) on 394m. west Mo. Kiver.
1st mort., coup., (Leavenworth Brancli)
Land gi-. mort. (Diiraut), coup., on 1,000,000 acres
Income bonds, coupon, 3(1 mortgage on 427 miles.
Ist liiud b'ds, cp, or reg., gold, on 2,000,000 acres
2d laud mort., do
do
do
Arkansas Valley. Ist mortgage, gold, guaranteed
June. C. & Fort K., 1st mort., gold, land gr., guar
CoHnlii, (ild. )—\at mortgage
"Kentucl:// Central— 2A mortgage
500
500
220
Kansas Paetflc—Stock
^enl
1,000
1,000
H
uotlve of anr error discovered In (he«e Tables.
Outstanding
$1,000
1.000
18.57
i
Amount
41
1st
1st mortgage. Council Bluffs & St Joseph. ..)
St. Joseph & Council Bluffs. 1st mortgage.
doconvertible.
do
-"Mo. Valley, Ist M. ($1,000,000 of it is gold) f
Kansas City, St. Jo. & C. Bl., consol. mort.
New consolidated mortgage (for $8,000,0(X)) J
Tliree year notes
Size or
50
do
do
do
'Funded interest bonds, coupon
rf-
Date
of
of
par
Eoad. Bonds Value.
notes
tables.
Boualon
Ind., Bloom.,
glrlos Iminedtat
bjr
187^1
[ifav 27, 1876.
it
Lincoln.— Annnul renort, V.
22, p.
304.
Lake Erie it Louisville.— Thin road was a rcorganizati tn, and has been financially embarrassed. There
is a second mortgage of $590,000.
See V. 19, p. 366.
May
Fy>r
RAILROAD STOCKS AND BONDS
27, 187(5,]
explanation of column hendlnKii,
at
tlio
beiwl of flrst
p»g& of
Shore tt ifichirfan Southern
Ouaiitiitecd 10 per coiit stuck
JjOfce
Oousul. l«t mort., (sink,
fiiuij, 1
Date
of
of
(s. f.
per cent) coupon.
861
801
801
roRistorcd
<lo
roj?.
.'f<iOO,000
804
451
451
02
95
95
258
162
162
88
88
88
37
.
Southern
Ist iiiurt^'ago (U., ^I. & T. UK.)
2d inoi'tfiai^e (0., P. & A. KK.) reglstorod beads..
do
^Jfl nuK't^'iitfo
Lake, shoni dividend bond.4, April, 1809
l»l iiKMijriiKo (C. &Tol. KK.) sinking fund
2d niort^M;;o
do
Bulfalo J£ Krie, mortgage bouds
do
do
do
do
Kalamazoo & White Pigeon
Sohii.ikraft A Three River
Rlichii^an
2tl niortKii?^c,
12
13
58
Kalamazoo & Schoolcraft
Kalamazoo, AUegau
do
Jamestown &
do
Lakt Superior
&
Or. Rapids
stock,
do
per
ot.
Miss— lut mort.,
it
'si
51
gold, l.gr.,8.f
150
.
Income mortgage bonds
ioi/Tciire— Stock
22
17
145
33
10
15
mortgage
h^nrrn.. Law. rf Galv. 1st mort., l.gr. ,8.f., conv.
Kansas C. & Santa Fo, 1st mort., guar
.SoiiMwru Kansas, Ist mort., guar
J^hii/h tC Lackawanna — 1st mortgage
hfhijih I'uWei/ -Stock, common and i)ref
1st m()rtga','e, coupon and registered
1st
2d
—
171
200
Dclariii Land Company
Little Miuiui Stock,
1st mortgage
—
1
p.e.y'lylcoup. Areg.
bonds, endorsed
common
141
81
conn(?ction bonds
it Fori Sm ith—TKeyr stock
1^1 M., ldgr't(7.ji),000ao»)8.fund(for$3,000,000)
I. !:/, )i„ck, PineltlHffit N. t».— 1st mortgage
I,itlk Schuj/lkilt—Stock.
Strc(»t
J.'iilr
Kock
123
123
70
31
31
92
153
95
4
10
19
175
;
1st mortgage, sinking
litgaiisp'l,
Lmg
(Jrawfordsv.
fund
<i
S.
W. of Iiul. —lat mort., g.
Island— SiociL
main extension and G.
Isl n\ortg.ago,
Now to wii & Flushing
New York & Kockaway
Smith town & Port .loffcrson
L
Branch..
C.
imi^nille, Vi)iciiinati dt Lexingtonr-~&too\s.
Prcfcrrod 9 i>er cent stock
Bonds
to State
Louisville loan
&
65
175
175
605
185
Lexington, Ist mort
do
do
do
Loui ioille <t XashtilU— Stock
Ist mortgage on main stem
2d
do
Ijouisville loan
Ijcljaiion branch, Louisville loan
Lebanon branch. Ist mortgage
do
extension, Louisville loan
Con.solidatca 1st mortgage for $8,000,CH)0
2d mortgiige, bouds. gold
Memphis & Ohio, 1st mort., sterling, grnir
Memphis & Clarksville br., 1st mort., sterling
Lotti^pille, Patlurah i£ ,S. ir.— Ist mort
/^y/ketis Valley .Stock
—
.)tacon
tC-
A Uffusta — 1st mortgage
392
130
83
185
20
77
77
'.
2d mort., endorsed by Georgia Kailroail
ilivon
(f
100
633,.'iO0
1.000
1,000
1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,4.13,000
500 &0
1,000
1,000
1 ,000
1,000
1803
1809
1869
1872
1,000
1.000
500
500
it
1809
1870
1872
1808
1870
1873
1853
1864
—Stock
Maine Central
"39
mort., gold
357
33
357
interest scrip
ist mortgage, consolidated
1875
1870
1,000
1,000
1,000
1,000
5,000,000
6,000,000
11,129,000
1,797,000
4,008,000
1,500,000
525,000
5,000,000
1,900,000
750,000
2,040,100
723,500
1,500,000
3,300,000
1,500,000
150,000
6
7
50
500 &c,
100 &c,
50
500
500
500
500
50
100
18.57
1870
1870
1873
1871
1871
Lake Shore tfc Michigfin .9-jtfiA?r«.— The annual report for 1875 was publiMhed in the CuaoxicLK,
The
3J. P- 4J1. and balance sheet 41'.
following shows a summary of the flgiires for each
of the calendar years namca
A
;
Ori)3.i
1873.
1,175
1874.
1,175
$14,431,193
10.5i;,5'W
3,908,697
5.),0W.0O3
37,774,tOD
$17,146,130
n,\^i:i7i
5,993,759
50,0)0,003
,
earnings.
187:t.
813 )
ioiiorence.— Leased to Pittsburg, Port Wayne &
Chicaijo at 40 per cent on gross earnings.
Lease
transferred to Pennsylvania Company. Net earnings, 187.J, »S1,177.
Sinking fund has $10,01)0 bonds.
(V! 20. p.
V.
2-2,
p.
42S.)
Leafenworth, La'urence <fc Ooioejton.— Defaulted
on interest July, 1373. (V. 19, p. 39; V. 20, p. 1 .0,
iW, 511; V. 21, p. 137,
Lehigh & LackcwanTia.
162,
591.)
—
Operated by Central of
.Jersey as a coal road.
Lehigh Fa^€y.— This company's earnings are
chielly from antnracile coal.
The gross receipts in
year ending Nov. 30. 1575, were $6,01'>,49.'); net,
New
$ii,78i,W3; in 1374-gros8, »S759,.391 ; net, $3,287,^72.
After interest and dividends, there was a deficit in
1874-5 of $93,('5J. The Company's report gives no
details of the construction account, nor of the
cost or value of its miscellaneous investments. The
Amboy branch was completed Jnne, 1875, and
X^,4»9,867 had been fpent on it to December, 1875.
J.
7
A.
8g.
AJ.
A O.
A J
A
7
J.
6
A.
1871
1872
1870
£200
£200
A
do
do
1898
Cincinnati.
Y., Bank of America.
Cincinnati.
N
Boston.
Union Trust Co.
Philadelphia OtUce.
N. Y.,
do
Jones A Schuyler.
O.
M.
i',6'o"o
100 '&0.
N.
7
1850
1803
1863
1868
1872
A
7
4
100
1802
1807
Philadelphia Office.
2.50,000
113,000
849,000
225,000
88,000
333,000
7,109,000
2,000,000
3,500,000
2,309,710
3,000,000
600,000
400,000
370,000
2.500,000
1,100,000
150.000
600,000
3,620.120
496,892
1,680,500
1,000
8.
J
M.AN.
M. A N.
A. A O.
7
8.988,301
1870
I).
D.
Q.-F. N.
100
Y.,
Company's
Office.
N. Y., St. Nicholas N.Bk.
do
do
do
8.
do
do
do
6
7
8
J.
J.
J.
A
A
A
A
A
A
A
J.
J.
J.
M.
M.
A.
"o'
7
1805
1000
1876
1877
Aug.. 1000
1873
July, 1800
May. 1003
July
1,
April,
Jan.,
Oct.,
1901
1901
A.
A
N. Y.,
Louisville.
Jidy, 1873
Bank of America.
Jani,"i881
do
do
Jan., 1807
April. 1000
O. N. Y., J. B. Alexander.
Louisville.
A.
/ ug. 1, 1873
J. N. Y., I>rexel, M. A Co. Jan. 1, 1875-'6
do
do
1866 to 1887
O.
1886
do
do
N.
Louisville.
Nov., 1880-'85
N.
do
Oct. 15, 1803
O.
April, 1808
O. N. Y., Droiel, M. A Co,
A
A
A
A. A
M. A N.
J. A D.
A A.
!«• F.
M. A S.
213
Q.-F.
7
J. A J.
7
J. & J.
Various
7
7
A. A O.
7
A. A O.
7g. A. A O.
7
6
7
May, 1883
June, 1869
4<4
6
A 1023
Jan., 1802
Mar. 10, 1876
April,
Sept.,
3
Nov.
London, Baring Bros,
do
do
'
New
York.
Philadelphia.
N.Y.,M.K. Jcsup.P.ACo
do
do
N.Y., M.K.Je8Up,P.&Co,
do
New
do
York.
Portland.
O. Bost., Nat. B'k Com'ree.
1.
1883
Dec., 1901
Aug., 1002
Mch. 1, 1800
May, 1876
1887
1870
1887 to 1000
1889
1879
Oct.,
April
1,
1890
1912
Is as
stock for some years, defaulted on interest 187S-4.
Receiver took possession in September, 1874. 6«e
*Coal (tons) moved.
Gross earnings
Operating expenses.
1874-\
1S73-4.
4.150,«)0 3,277.527
Sli,710.5«5 $S,759,'i91 $1,016,493
3,834,860 3.171,418 .3,'282,8tl
his report to December. 1875, lu V.«. p. 181. (V. 1».
p.331 ; V. 20, p. 2H, 333; V. 21, p. »77, 39S; V. 3S, p. 181,
Net earnings
$8,825.7115 $3,237,973 $-!,r83.H33
:
1872-3.
Funded debt
21, p. ?>Ti, 570;
r.
A.
3>9
1,000
1,000
100
1,000
1,000
187«
Philadelphia OfflcK,
April IS, 1876
Reg. Htoltlee, ep.B'k N. A
June, 1808
Plilladelphia ODIce.
Sept., 1910
Various
1858
Capital stock
Lake Superior Jk 3/5««i»sip;)i.— Formerly leased to
Morthern I'acitlc. Land grant, 1.612,000 acres. Forcdosnre plan V. 2i. p. 111. (V. 20, p. 86, 140, 383; V.
ftL
7
"7'
A
A
A
A
Q.-M.
"7'
comparative statement for three years
follows
1,175
$19,411,5
418.)
6
6
•M.
J.
J.
A.
F.
5,667,910
50,000,00)
38,0:15,000
88,373,421
—The company's statement of earnings for last half
of 1875, on which the dividend wasdeclired -January,
1876, sliowcd snrplus over iiiterct of $l,075,OOJ. The
JM general mort'.;a'.;e for $25,000,000 was created to
pay floating debt and bonds of IBSJ with $1^,000,000
snl balance to be held for improvements. (V. 19,
p. 315; V. SO, p. 16, 85, 140, 451; V. 21, p. 9, 252,
es.
2
J.
1.600
1,000
1,000
13,746,59'i
Operat'g exp
Net earnings
Stock.
Total debt
««
1851
1867
1870
1807
1809
1,
Feb.,
Q.-J.
600,000
2,623,483
851,000
74,519
100,000
3,000,000
881,000
1,000
1,000
1,000
DIrkiMML
Feb.
rnb.
do
8
7
27,092.2;)7
1,600
1,000
V.
Miles
450,000
344,000
5,000,000
720,000
100,000
300,000
2>3
1,000
1,000
N. Y.. Union Trunt Co.
.1.
50
50
&
P.
A.
F.
A.
J.
J
(J.-J.
J.
.1.
1,500,000
50
1,000
1,000
1,000
iSfib
500
I'urtijafie—Xtii
ilaitie Central
&c,
&c,
When Where Parable, and by
Whom.
Payable
A
do
do
1, 1870
&
July 1, 1900
7
July I, 1900
7
A D
Dec. 1, 1903
7
A. &, O
Oct. 1, 1W3
7
A. & O.
OoL 1, 1879
7
M.& N.
May, 1885
7
U.Alt.
Nov. i, 1877
7
F. A A.
Aug. 1, 1876
7
J. &
Jan. 1, 1880
A. & O.
7
Oct. 1, isaa
7
A. A O.
April 1. 1809
7
J. & J.
July 1, 188S
7
A A O.
April 1, 1888
7
J. A J.
July 1, 1883
7
M. A a
Sept 1, 1886
7
A. A O.
April 1, IH98
7
J. A J
Jan. 1, 1800
8
J. A J
July, 1887
J, A J.
July, 1887
8
J. A J
July, 18SR
8
3
A. A O
Oct. 1, 1875
J. A
N Y., Union Tnist Co. Jan. 1, I8»7
7
J. A D.
7
do
do
June 1, 1894
7g. 3. A J. N, Y., Boston A Phila.
Jan., 1800
10
A. A O.
do
do
Oct., 1902
Pittsburg
J
Onico.
April,
1876
2'fl
F. A A. N. Y., Wlnslow, L. ACo.
7
Aug., 1895
J. A J N. Y., Fann. L. A T. Co.
10
July, 1800
M. A N.
Boston Untce.
10
Mav, 1890
849,000
200,000
300,000
2,850,000
400,000
100,000
100.000
840,000
610,000
443,000
300,000
4,500,000
500 &c
Hrttiipuu^nt bontts
Had ison
2
5
7
1,5»5,00<)
1971a 67-'70 500 &c.
1971a 1809 500 &c.
liruiiswiek-lst mort.. State endorg
2d mortgage
Cent.
3.886,000
9,105,000
3,395,000
1,198,000
5,250,000
2,082,000
924,000
1,000,000
1,000,000
1,442,000
Kentucky (perpetual loan)
Cincinnati
Loui.sville,
1870
1870
1873
1872
1869
1855
1857
1850
1859
1867
1809
1855
1806
1802
1866
1868
1869
1867
1867
1868
1373-
-
Rate per
$100 $49,400,.500
202
registered
mort.-raire,
Ocn. uiort.,go!d,.'^&£(.*.fd.
Amount
Outstanding
guar.
mortgage
2d mortgage
Frailklin, 1st
do
Par
Value.
1181
per yr.) coup, oi- rcg.
MortKiit;'' bonds of Oct., lH(>i), slnkinK fund
Ist ni()itj,'aK«, HinkhiK fund, M. 8. & N I
Inoonic bond8
Size, or
Road. Bonds.
do. (for $25,000,000) coup. luid
niortj;aj,'«,
MIleo
see notes
—Stock
do
do
2d
Ac,
tables.
ui
83,822,446 24.50j,447 27.1 92,297
10,873,000 16,859,000 22,129,000
1,831,613
Floatingdebt
* Anthracite.
(V. 18, p. 8a7, 504, 527;
V.
20, p.
311,
593; V. 82, p.
166.)
leases the Colnmbus
Xenia, and both are leased to iMtlsbnrg, Cincinnati
St. Louis, guaranteed by Pi'un. Rlt., lessees
assuming interest payment on bo-ids and 8 per cent
U.
on stock.
Net earnings, 1873, (L. M.
)
$851,09!).
(V. 80, p. 487.)
/,«tf«
&
.Viami— This company
&
&
Lltae
HockA Fort S»i«A.— Foreclosed Dec.
A X
10, 1874.
The
i.ssued for old bonds.
for construction to Fort Smith.
Re-organized and stock
new mortgage
Is
V. SO, p. 62; V. 81, p. 4i8.)
Pine Bluff Jb Ifeie Orleam.—So\d In
foreclosure Dec. 10, 1'J75, for $35,000. V. 81, p.
(V.
19, p. 5*3, 617, 6-30;
Little Rock,
53^, 613.
Little Sch'iytkill.—LfiUKA and operated by Philadelphia & Reading. Dividends, 7 per cut.
Logamsport, Craa/ordsvUU J: S. W. qf /n<f.— De-
total liabilities. September
1875. reported at $4,097,000, of which $32 .',000 were
80. p. 86, 312, 521, 593;
cerliflcates.
(V.
receiver's
V. 21, p. 302, 613; V. 2-2, p. 63.)
The
cree of sale made.
Long Island.-Omsa
earnings, 1874.5, $883,839;
In January, 1876. a sale of stock was
to Mr. Popptnhusen, andth^s ro id has since
Central, and the 80,
leased the Flushinj No Shore
(V. 22, p.
of L. I , and all jro operated together.
net, $^13,503.
made
A
135, 158, 373. 417.)
LouimiUe, Cin.
b'd3.
<t
Z«i:.— There are also $60,000 old
after paying dlvideaas on pref
The company,
352.)
LoulsHUe, Kew Athaiy * St. LouU Air-Lltu.—
This road is projected from Louisville to St, Lonif,
and has 28 inii-s built. To be sold ir. foreclosure.
(V. 20, p. 16, 367, 458; V. 21, p. 86; V. 92. p. »i&)
/yO'iisviUe ill JVosAifUfe. -Annual repf.:t for year
ending June 30 1875. In V. 21, p. 303. Gross earnings of ratlin stem and branches. $4,:'.0'*.y52, net,
$1,51S,39.1. General rcjnltof oiierating wholesysttm
and leased lines was a deflcit of $:5I,7«3. after paying
Not earning". July to
interest and all charges.
December, 1875, much belter, being $1,043,751.
Is
leased,
and lidbiiitfes for tlia
Decalnr
Nashville A
South
A
North Alabama are assumed.
16; V. 2!. p.
\.M)
(V. SO, p.
,
„,
Fad'icaK <* S. IT.— Formerly KUaabethtown & Puducah, to which Loiiisvillo diy
In September. 1874, intereet
loaned $2,000,t'C0.
was not paid. Foreclosure In progress. (\. VSk p.
857, 405; V. 21, p. 823, 395. 489; V. 22. p 487.)
Lyktnt Faflify.— Leased to Summit Bmncli BaUroad at $62,500 per annum.
Macon A Xnjusfa.— Leased and operated by the
Georgia Railroad, which guarantees all the boooa
except $100.0iOO of Brst mortgage. Gross earnings,
LouisMie,
(V. 8". p. 167.)
Macon it lirunmi'iek.—'TWf road being in default.
was sold .luiie '2, 1K75, and bonght for the State;
lS75-b, ilCH.OJO; net, 91<,838,
olTered again for sale or lease January. 18*6. The
Georgia Legislature declared fraudulent $600,000 of
the endorsSl bonds Issued In 1870. (V. «. p. 40S.
SOI. 646, 570, 593, 615; V. 23, p. 8 of sdvertiaementa.)
Uadixm <t A)r/g(K7«.— Consolidated as ChiOM
A Superior. No bonds could be negotiated after
the " Potter law." (V. Si, p. 15.
Jfain* C«/ifr«/.— The Maine Central l-ases »• veral
roads.
The report of the year's operalloas,
ending December 31, 187J, had the folloitiax:
RAILROAD STOCKS AND BONDS
XZll
flubaerlbora \rIII eoater a
srot
faiTor
DESCRIPTION.
column lieadinKS, &c., Bee noteo
at the hcjul of first page of tables.
IV>r ezplanatioi! of
Maine Cenlral~( Continued)—
Bonds (ijil, 100,000 loan) A. &.. K.
1860-1
38
100
100
100
1863
1865
—
217300
1,166,700
260,000
150,000
1,000,000
1,600,000
300,000
1,.500,000
1,408,912
8,130,719
4,460,368
2,450,000
1,050,000
2,500,000
3,000,000
500 &0
100
1870
33
20
90
22
100
276
1871
1869
1870
1,000
50
50
60
do
2d
$1,100,000
496,500
756,800
633,000
425,000
741,400
1870
1868
1871
1861
19
Belfast ii. Mooseliead, 1 st morHjage
Maiieheatfr rf Lawrence Btock
Mansfield. CoUlwalcr A L. Jf.— Ist mortgage........
Mansfield <S: Framiiigham— Ist mortgage
Marietta, t'ittsb. <£ Cleveland— lut M., $14,000 p.m.
Marietta d CincinnatiStouli, common
Stock, 1 st preferred
do
by Klvinc Immadlate notice of anjr error discovered In tliese Table*.
jBoiirfs—PrinciINTEREST OR DIVIDENDS.
Miles Date Size, OP
when due,
Amount Rate per When Whci'e Payable, and by pal,
Par
of
of
«/<«•*•«— Last
Outstanding
"""
Cent.
Road. Bonds Value.
Payable
Dividend.
Whom.
RR
Extension bonds, 1870, Rold
Maine Central loan for $1,100.000
l>eeds &. Fariuington Kaiiroaii loan
Androscoggin Kailroad, Bath City loan
Portland d^' Kennebec, stock
do
do
Ist mort., extended
consolidated mortgage
do
do
Somerset & Kennebec, 2d mortgage
Ist mortgage, dollar
l8t mortgage, sterling
2d mortgage
3d mortgage
4th mortga:ge for $4,000,000
Scioto & Tlockiug Valley RR., Ist mortgage
Bait. BUort Line, stock, 8 p. c. guar by M. C
Ist mort., guar, by Si. &C. ..'...
do
do
Cincinnati & Baltimore RR., stock
Marquette. U. <C O— Ist mort., I'd gr. M. & O., C
Ist mort., I'd gr., H. & O., coup
2d mort., land grant, M., H. & O., coup
do
do
do
Sdmort.,
Maryland d Betoicare— Ist mortgage
2d mortgage
Memphis
<£
CVi«r/e»(o»i— stock
2,o<:n,ooo
30
1869
1,000
"56
44
94
109
54
54
291
1872
1871
1872
1873
1,000
1,000
1,000
1,000
ifocfc— 1st mort.,
1.
gr
25
1873
1860
131
;
Michigan Centml—stook
ist mortgage, convertible, sinking fund
Ist mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C
509
284
284
284
103
1872
1869
10
Equipment bonds.
Kalamazoo A South Haven, 1st mort., guar
do
do
2d mort,, guar
Qrand River Valley, 1st mort., guar
do
2d mort., guar
do
do
stock, guar
do
1874
1870
1870
1866
1869
"39
39
94
94
& Bay City Ist mortgage, endorsed
do
mortgage (not guar M.C.)
Jacltson, Lansing & Saginaw Ist mort
] gS'c
do
2d mort., conv. o.>,!2
do
do
1st mort. (S. of Win.), conv. g a'*
'
do Cons. m. on whole line (300m.) j § 3
Michigan Lake Shore— Ist mortgage
Midland /'aeiA'c— Ist mortgage, gold
Milwaukee t£ Northern— Ist mortgage
Milwaukee. Lake Shore d- Western — 1st m., gold.
I
116
110
(
Mine Bill
.
—
Schitylkill Haven stock
Mineral I'oint ( Ivi's.)— Ist mortgage
Mississiiypi. Ouachita (£ Ited Riser 1st m., gold....
<£
—
MississipjH
rf-
Tennessee
— 1st mortgage
236
57
126
125
140
32
35
100
Consolidated bonds
Tennessee State loan
Missouri, Kansas <£• Tej-as— stock
Preferred stock (for $7,000,000)
Istm., gold, sink. fund,onroad and laud (U. P.S.Br)
1st mortgage, gold (Tebo. Ac Neosho)
Consolidated mortgage, gold, on road and land.
Hannibul & Central Missouri, 1st mortgage
do
do
2d mortgaife
Mtssoxtri Ii., Fort Scott <t ffui/— 1st m. I. gr. s. f
2d raort^rast'. coupon, may be reRisfercd.
Mobile <£• O'irai-d— Ist mort. ($212,500 end.
2d mortgiiKe, endorsed by Georgia Railroad.
Plain bnu<Is
"The total earnings for the year 18J.i have been
$1,78«,0;8 47; opcratinn; expenses, $1,14T,066 82;
net earninu;8, $()ii9.009 65— suflisient to pay all oper
aiing expenses, interest, coupons and rents, and
leave a small balance. In 18T4 the total receipts
were |5,09l,080 55. and operating expenses :fl..8!,6*1 25.
Net, 1812.39)30. Showing a diminution
this year, as compared with last, in gross-receipts,
$308,004 03; in opcratinj e.'spenses of $134 till 43;
and in net receipts of SirSj.SSJ 65.
"Of thi^ r(;dnction in oar gross receipts the past
year, J77,322 5-i was occipioncd by the raodtflcition
of former contracts, for the pilrpoee of prodilcmg
uniform and harmouioas action between the Eastern
and Boston
Maine roads, which will regult, as we
trust, to the benefit and in the general convenience
of our patrons who have occasion to lo business
over the railroads west of Portland. The balance
&
of the diminntion in oar gross receipts, |;a30,631 62,
must be attributed to the general depicssion of the
business of the country, and 'retiuction of tarifiE by
epecial ratee.'" (Vol. 20, p. 313, 806; V. S2, p.
850.)
Manchester cfc Zawrsnc*.— Formerly operated with
the Concord Railroad as one line. Net earnings
1874-5, $.01,117.
(V. 20, p. 569.)
Coldwater <t L. i/.— Leased by Peno.
for net earnings. In hands of mortgage
(V.30, p. 426; V. 2i, p. 42.)
Mansfield,
Company
trustees.
Mansfield db Framingham
Leased to Boston,
Clinton & Fit^hbcrg, at 2,5 per cent of gross earnConsolidation made June, 1875. (V. 20, p. (ilft.)
ings.
Marietta. PWsbur-jh cfc Clevdani.—T^et carniugs
in 1^74 were $40,717. Defaulted and in receivers
hands
.August,
1S7.5.
Marietta <fe Cincinnati.— Gross earninsrs far the
year 1875 were $1,(162,015; expenses, $1 290,.'i9O; nut
earnings, $871,4»1 against $523,150 net earnings in
1874. This road forms a part of the tlirongh route,
and is operated in close connection with the Baltimore & OUo Itailroid, which has made large ad-
1,000
1,030
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
491,200
424,000
100
lOT^
1872
1865
1868
1870
1871
1869
1869
1870
1872
Detroit
1,906,000
1,317,000
158,000
810,000
1,958,000
880,000
1,100,000
2,134,000
3,000,000
3,969,600
320,000
500,000
600,000
1,254,500
409,444
21,405,000
1,000
1,000
1,000
1,000
1.600
50 &e
1,000
50
1868
1870
1856
1866
1,000
1,000
786
100
182
100
1868
1870
78(i
1871-3
70
70
1870
&
&.
&
6
6
&
3
&
6
A, &
6
A. &
6
J. &
%' M.
M. &
A. &
7
7
J. &
7g. F. &
6
2,856,000
349,000
14,758,000
768,000
250,000
5,000,000
1,947,000
377,500
1,600
1,000
1,000
1,000
101 1809
1.660
161 1870 500 &c
85 '59-'66
500
85 1869
1,000
1867
500
Marqwetle. Howjhton
&
&
chiefly timber
aud
&
Maryland
3
7g.
8
'7'
300,00<1
made.
7g
8
7g.
3I2
10
?«•
8
7
1,
1,
1883
1895
D.
June 15, 1876
do
do
M.ay 15, 1890
N,
Belfast and Boston.
N. Manchester and Boston. May 1, 1876
Oct., 1911
O.
J. Boston, Bost. Nat.Bank.
A. N. Y., Wiuslow, L. & Co.
July
Aug.
1,
1,
1889
1895
Sept.",i866
S.
8.
Sept.,
A. Bait., R. Garret & Sons. Aug.
A.
London.
Aug.
N. Bait., R. Garret & Sons. May
do
do
do
do
3.
do
do
do
do
Merch. Nat. Bank
do
do
July
1,
1,
1,
1,
May
1,
.
11
1
Jan., 1900
Bait.,
N. Y., Company's
1866
ISO!
1891
1880
May, 1876
June 1, 1892
office.
do
do
do
do
do
do
Bost., Bk. of Commerce,
do
do
July
Aug.
1,
1,
1891
1892
Sept. 1, 1903
Nov.
Dec.
1,
1,
1885
1889
May
1,
18801
Jan.
1,
1885>
N.Y., 3d National Bank.
N.Y.,R.T. Wilson* Co.
do
do
do
do
N. Y., Swenson, P. & Co.
1873 to '78
May 1, 1890
g.
J.
J.
&
&
Jan., 1899
J.
New
D.
Juno, 1903
York, Inquire
1901-1906
7g. Various \ Company's Office,!
May, 1890
7 Niissau street.
?«• M. & N
M. & N.
10
Jan. i'.'i899
J. & J N. Y., Fann.L. &T.C0.
10
A. & O.
April 15, 1890
Boston, Co.'s office.
7
8
—This line
was leased by
fo.m part of the
(V. 19, p. 424.)
Little Hock.—BecTee of foreclosure
(V. 20, p. 330, 615; V. 21, p. 15; V. 2!, p.Mn.)
Michisnn On^ro/.— The annnal report to May 31,
(V. 21, p. 109.) showed gross earnings on
lino and branches of S7,I02,28i), and net earnings, $2,0.14,183, or $76 250 less than previous year.
'I'ne floating debt June 1, 1875, was $770,015, Hgainst
$1,056,452 on the let of June, 1»74. The J., I.. & S.
debt is assumed by Michigan Central, which also
pays $70,0OJ per year on the stork, one-third of
which it owns. Semi-annual report to Dec. 1, 1875,
in V. 22, p. 41, showing net income of 8185.092
above interest charges, &c. Interest was passe i on
the Detroit & Bav City bonds, not guaranteed, Nov.
1875.
(V. 19, p. '143; V, 20, p. 101; V. 21, p 15; V.
l-*75,
main
22, p. 41.)
501; V. 21,
15, 18'
6
to 43), 0:) I acres,
Stock, $2,306,000.
IS. p. 218,
April
Oct.
New York and Boston. Jan.. i873
& O.
Boston OtHce.
Oct. 1, 1882
Oct. 1, 1882
& O.
do
& N. N. Y., Farm. L. & T. Co. May 1,1902
& 3.
Jan. 1,189
do
do
1890
& N.
do
do
& O.
do
April 1, 18
do
Nov. 1, 188
ISfl^l
& N.
do
do
& N.
Nov. 1, 1890
1890
do
do
July 1,1886
& J
do
1886
do
July 1, 187"
& 8,
do
do
18'^^,
Jan., 1874
& J.
do
do
.87^H
May 1,19
& N,
do
do
194HI
12 ^^"
1902
& N, New York and Boston.
& 3 N. Y., Farm. L. T. Co. Julv 1, 1885
March 1, 1878
& S.
do
do
May 1,1890
N
do
do
Sept. 1, 1891
& B.
do
do
& 3. N. Y.,Winslow, L. &Co
1SS9
Aug., 1899
& A. N. Y., Turner Bros.
&. D. N.Y., Merch. Exc. N.Bk
Dec. 1901
June 1, 1902
& D.
& 3. Philadelphia, P.&R. Co, Jan.. 1876
& 3. Detroit, 1st Nat. Bank. Jan. 1, 1890
1890
& 3
April 1, 187C
& O.
Memphis, Office,
Sept. l,'81to'93
& 3
do
8
&
receiver's hands. (V.
July
do
O. Boat., Nat. B'k Com'rce.
<fe
amount
187J.
Portland, Me.
<fe
33.500
Mchigan Like 5Aor^.—Befanlted
to 18
Oct., 19
July, 181
July, 19
July, 189
do
do
Portland.
& J.
& J.
& N.
& D.
&. J.
& A.
& 8.
& N.
& D.
&. D.
& J.
&N.
& J.
&. S.
& N.
8
8
8
8
8
8
Charletton— This road w,as leased to
the Southern Railway Security Co.. but in 1674 the
lease was cancelled and Mr. R. T. Wilson, President
of the East Tennessee, Virginia & Georgia, road was
elected President of the Memphis & Charleston,
with a new board of directors. No recent report has
Mempltis
Commerce 1890
Bost., Nat. B'k Com'rce.
&"n.
2^
&
been obtainable.
&
&
&
&
&,
the New Jersey Southern, to
through route. Latelv proceedings lookin;| to foreclosure have been startel. (V. 2), p. 242.)
Memphis
&.
8.
7
Ontonag'on.— This is a conOntonairon and Hough-
ni'neral.
do
do
"38.
&
Delitinre.
Bost., N. Bk.
A.
<fe
vances for recent construction on the "Short Line."
Annual report V. 22, p. 208.
solidation of Marquette
ton
Ontonagon. Lands
F.
J.
J.
J.
J.
300,000
4
1,125,000
750,000
7
669,050
4
1,910,000
8
2,000,000
8
840,000
8
10
706,000
850,000
6
150,000
6
5,312,725 3 per y'r.
1,814,142
6
1,293,000
7
1,000,000
7
000,000
10
1,300,000
8
1,000,000
18,738,204
"is.
2,179,000
8
556,000
8
7
8,000,000
8
1,900,000
200,000
8
600,000
8
640,000
8
70,000
8
1,000,000
8
500,000
8
100
Tenneeso loan
let mortgage, convertible
2d mortgage
Income bonds
Memphis <£ Little
2d mortgage
[M.-y 27, 1875.
876^1
and in
p. 110.)
Midland PaciUc. — This was one of the roads represented by Messrs. Tnmer Bros, in New York, of
which Benj. E. Smith was president. Default in interest was made in February and August, 1875.
3.
3.
3.
&
&
&
1876
Savannah.
3.
N. Y., Nat. aty Bank.
J Savannah, C. RR. Banlc.
3
Jan., 1889
Jan.. 1887
Ml'waukee A Northern.— TYAe roid defaulted on
December, 1874. Circular tobon(liulders,V
It is leased to Wisconsin Ceii'ra! and
interest
20, p. 61.5.
there
is
said 10 be
some prospect
of resumption. (V.
22, p. 233.)
Milwaukee, Lake Shore <£ TVeftern.-'in 1873 the
net earnings were $7.i 0(>; cost of road ami equipment, $3.750,01.0. Sold in foreclosure for $2,509,7fce,
Dec. Ill, :s7o. (V. 21, i-. 277, 5al.)
Mine JTiB <t Schuylkill //arcn.— I.epsed to Philadelphia & Readiug, May 1864, for 999 years; 8 per
cent dividends on stock.
Mineral Point.— Tota\ receipts IS 3, $128,121: ex
cost of road, &c.,
penses aud interest, $130,6.4
;
$1,200,000.
Mississippi, OuacM'a <fe Ited Birer.— Land grant
257.000 acres. Sold in foreclo?ure, Dec. 16, 1875,
for $25,000. (V. 2), p. 405; V. 2!, p. 535, 013.)
Mississippi d Tennessee —Stoc)i. $823,400.
earnings 1874-5, $211,333. V. 22, p. 181.
Net
Missom-i, Kansas & Texas.— Th\s road was buildins under most favorable auspices and showed good
earnings, but in December, 1?7.<, passed interest
A conipn mise with bondholders has been pending
(V. 21. p. IST.i
and will probably be effected.
Receiver was appointed, December, 1874. Lano
grant is about 4,565,143 acres. Latest plan V. 2J. p.
§0.5,
(V. 19, p. 29: V. 2(1. 16, 141, .501; V. 21. p. 87,
186, 207, S5J, 395; V. 22, p. Ill, 168, 263, 446, 447, 471,
495.)
Missouri River. Fort Scott Jk Oulf.-T^o stock Is
Interest pa .sed Oct
1^T3, on 2d. and
$5,950,000.
Jan.. '74,
(V. 20. p.
on
,
1st
mtgs. Net income of
403 ;V.
21, p. 15;
V.
22, p.
18fi. $24?,61«.
470. 495)
Mobile <t Girard—Tbe Central Railroad of Qcoigia endorses «212,5ii0 of the first and all the secoau
mortgage bonds.
Net earnings
1871-5, $22,68S.
May
RAILROAD STOCKS AND BONDS.
27, 187<5.]
xziB
nbicrlber* will confer a great ftyor by cItIob Immcdlata Botlee of anr error <UeoTere< In lk*M TaMaa.
DESCRIPTION.
1NTERK8T OR UIVIDKNDfl.
Miles Date 8lz«, or
Amoimt Rate pet When Where
of
of
Par
'or exiihinntlon of column beadlDKS, &o., «
Payable, aiid by
Payab
OutotandlBR
Road. Bonds. Value.
lit the htmd of tlrat paco of tublea.
Cent.
Payable
Wlion
DlTld*^
186
iloHle <c lli>nlffomeri/—»too\[
lobitett OAi')—Stock
Coiiveitilili' S per ccut bonds
Isl iTicirf^'Mf-'C
IijttM'csI ln)inlH
....
....
$100
1873
1853
1,000
iSlG
sterling
xulia.,
ilOOAc
l»t niortgaKe, sterling
(Missiaalppl, Gttluosville&Tex.)
Bp<^i-lal iiiortKiigu
2d
21
ConwiUdiilml nioitgago, gold (for *1 5,000,000)..
Xew Jeraey— 1st, m., gold, guar
aonlclair of
2a mortgage
Income ounds
[loiilgomeni it Hu/aitla—1 mort., oud. by Alabama
Ist mortgnw, not endorsed
Jereit—lat mortgage
stock
sinking fund
—
<* J^ssex
Ist uicprtwi;;c,
2d
,
^
nn)rt;:a^'c
Convert ililf bonds
Construct ion bonds
Gen. m. & Ist on Doouton Br. Ac. (gtuvr. D.L.iW.)
Oonsol. mort. (for $2.').000,000) guar. D. L. & W.
Special niortg.igi' to D. L. <&
WtahrilU, Chatlunooga <t SI. Louia stock
Bonds to U.S. government, 2d mort
Sew 1st mort. ()J20,000 per milel
\x.ilirille .( Decatur— iRt mort. guar. byL.&N
80
80
23
137
84
84
,
W
—
uiortgafje
ft Loipfll
Stock
for freight depot
'.Jil
—
\athua
Bonds
inorff,Mj,'c. coupon ($.52,000
s„jiiti:sel cf- Straitsv.,
convertible)
O.— Ist mortgage
'»•/,•.
)'
34
137
132
132
14
"42
—
15
13
100
70
Westticld RR
V. /. Mulluii(l—Ut mort., g'ld, guar, by N.Y.i
Holyoko&
Ist
'
"lO
80
80
:
2d mortgage, currency
Vew Jerseji d- Sew I'orA;— Ist mort.
V. /. Soxtthfrn — 1 .st mortgage
nii)rt>.'a;.'o
(Toms' River
(for
O
$1,500,000)
37
78
Consdliilatcd mortgage, for $7,000,000
" .u-rxi'i \Vfni Line— ist mortgage, gold
327
.Vw(/ie;-ii—Stock
ido
100
100
140
566
I
-.r
nlnrt,uM,l;t^
bonds
2d mortgage
I
V. O., Mob. d- Tex.— 1st mortgage (Mob. to N. O.)
\\'ew Orleans, St. Louis i£ Chic.
Consolid. stock
—
Xew
.
.
consolidated mortgage (for $25,000,000)
Cimsolidated 1st mort., gold (N. O., J. & G. N.)...
mortgage,
do
do
mortgage,
do
do ...
Cimsolidated mortgage (Mississippi Central)
IstmortKago,
do
'Jd mortgage,
do
Tennessee State Loan
do
Iiicomi' and eiiuipmcut mortgage
-d mortgage scrip
V r., HosIoh d 3fo)i<reaJ— 1st mortgage, gold
V. 1'. d Canada— lat M., sterling, guar. D.& H. Can.
\ <:/' York Central it lIud»on River
Stock
I'rcndum bonds
(N. Y., Central)
Kouds for debts assumed
do
do
do
B. & N. F. stookbolders
i>onds railroad stock
do
1st
-'d
—
do real estate
Tiouds convertible
200
20K
206
237
237
237
350
842
regls-
Sfontoomery. —Hold in forec'osnre. Nol!i7J. and stock given to old bondholders.
Old niort:xa;'e debt yet oat, t«63,000. (V. St), p. 6i,
501; V^ K, p. 280.)
Mobile (6 Ohio. The company has been in d"fault
since March, 1S7.V Gross earnings, IS'.'i, $1,914..'H7;
net, $.16!, 45.3.
W. B. Duncan and A. F Elliot,
<ft
—
Keceivcrs.
mude report— see
p. 858, 45-2, 501,
V. 21, p.
605.
571; V. 21, p. 803; V. 8J,
(V. 20.
p. 15',
3»,
457.)
Montdair.- The 2d mortgnge was foreclosed December, 1674, and road sold main Sept. 25, 1875.
(V. 20, p. 16, 290,393, 4 88, 601, 571; V. 21, p. 186,
278.
32:i, 3115.)
<K S(</'a«to.— Interest has oeen in deIt ie one of the State aid
and advertised for sale Dec. 6, 187>. (V. 21,
Montgomery
fsult since .January, 1873.
roads,
p. 48».)
Sold
Monlicelto it Port ./ct-iw.— Dcfanlted in 1873.
Jidy7, 1875. (V. I!), p. 3), 14.a, 50J; V. 20. p. 35*,
38.i; V. -21, p. .39, 592.)
Morris & £^.?^2".— Leased in perpetnity to the
Delawarj. Lackawanna A Western.
The lessees
aasum all liabilities and pay 7 per cent on stock,
and 8 after 1874. if thev then earn 10 net on Morris
4 Essex road. (V. 20, "p. 83, 477, 488; V. 22, p.
;
399.)
NathvMe, ChaUanooqa
A
St.
Louis.— Groea earn-
ings of 1874-.'!. *1,6 O.to; expenses, $1,151,954; net
earnings, $;28,87l. In six months ending Dec. 31,
1S75. net earnings were 8-''11.'20.
(V. 21, p. 370;
V.82, p.
109, 181. .30-, 4)0,
4W.)
d. Decatur. -Leased May 4, 1-71, to Lou& Xashville Company for thirty years.
tfcuhva ct Lowetl.—'iiet earnings in 1874-5, $56,464.
NashviUe
isville
(V. 21, p. 590.)
Nttugatmk.— n<A earnings
21, P.
611
)
A
1874-5, $222,-327.
—
(V.
Newark, Smt^nei
StraitsHUe. Leased to Sandusky. MnnsHcid A Newark. Guaranteed uy Baltimore & Ohio.
New Iie(I/ord.—Thi» road is leased and opciatud
by the Boston, Clinton A FItchburg for 8 percent
oa stock and interest on debt.
840
840
New
330,000
500,000
varl'us
1,000
1871
1871
1875
1,0(K)
'
1,000
1,000
'
25
1871
1873
1870
1867
1,000
1856
1860
1869
1,000
l.OOO
1870
1S70
1871
1S73
1869
1,<M)0
100 Ac.
100 Ac.
1,000
1,000
100 Ac.
1,000
100
100 Ac.
500 Ac.
1,000
l',6i)0
1,000
1,000
1,000
1869
1,CH)0
1874 £100Ae
100
1853 500 Ac.
1,000
1856
1854 100 Ac.
1.000
1853
1871
1873
1873
3,230,000
1,025,000
6,575,295
1,000,000
5,800,000
2,100,000
1,882,900
103,000
800,000
100
1873
1856
1860
1873
5,000,0(X)
100
600 &c.
100
500 Ac.
88&70 500 Ac.
1865
1872
1871
3,000,000
284,000
573,000
500,000
800,000
200,000
50
1871
1873
1870
14,297,9(X)
8,000,(X)0
500
100
1873
1854
5
1,040,000
1,000
1,000
50
250
500 A(^.
1869(N. Y. Central)
J
1,800,000
I'.obo
1864
1860
do
till
bonds
2d mortgage, sinking fimd (Hudson River)
Coupou bonds 1871 (not mortgage)
T coupon or
New mortffaeeJ
JMCW
mortgage $30,000,000
tered.
X2.00<).0(W
Kcucw.'il
Mobile
vember,
1867
1870
1870
7»3
br.)
2dmiitfi.'a^'i' Ixinda
/...«,/.„,
1,4.53,858
1,000
1861
1874
Beaver Vatley Stock
[Vew Haten <t Derbii—lat mortgage
Vew Baten tt \itrlhami>. (canal KR.)—Stock
Mortgage b(md?*. coupon
Bonds couvertiblt^. tax free, coupon
<t
100 Ac.
100 Ac.
57
/JiY/fn)-(/— Stock
VewcasUe
1,668,000
53,000
....
*
Bouds'.
Bonds
709,1)20
1,000
1874
345
"57
Viiugadich—Stoc^
Nt
•3,022,517
5,320,600
977,560
6,686,000
1,524,300
780,000
888,000
ttanticellii rf I'ori
-
1871
1871
ni(irlK:igi",
Morris
£225
100 Ac.
IntciVrtt lidiirls, stcrliiis
Tenmssir
100
1,000
1,000
1,000
1,000
1.000/
1.000 S
1,678,,'JOO
171, ."iOO
400,000
605,000
525,000
2,460,000
1,000,000
900,000
200,000
3,000,000
1,500,000
91i!,000
2,120,000
120,000
1,000,000
5,300,000
3,000,000
1,500,000
300,000
309,500
4,000,000
12,158,650
3,559,,000
2.941,,000
1,500,,000
3,723,..SOO
997,,000
1,997,,000
1,279,,000
6,000,,000
395,,115
6.250,,000
4,000,,000
89.42S,,300
5,fl36,,626
1,514,,000
7«>,,000
592,,000
166,,000
88,,000
2,900,,000
1,894,,000
1,950,,000
24,600,000
8
A N.
Mol>lle.
A N.
Loudon.
J. A J, Now York and London.
I'- H. A N.
Mobile.
H
March
do
J. A J. New York or London.
Z«- H. A S. N. Y., O. OlMlyke A Co
?"•
do
do
7
(V. 20, p.
Jan. 1,1004
do
db
A 8. N. Y., O. Opdyke A Co March 1. ISM
A V.
do
do
Jimel, 1000
N. Y.. Union Tru»t Co
14- J. A J, N. Y., Del., Lock A W. Jan.180O
2. 1876
7
M. A N.
do
do
lOU
7
F. A A.
do
do
1801
7
J. A J.
do
do
1000
7
F. A A.
do
do
1880
7
A. A O.
do
do
Oct., 1901
7
J. A D.
do
do
Juno 1, lOU
"ii* A. A O. New York A Na«hvllle. Apr. I,i875
4
N. Y., V. K. Stevenson. 1881 and '01
7
J. A J.
do
do
July 1, 1013
7
J. A J N. Y., Drexel, M. A Co.
July 1, 1900
A. A O. Nashville, Co.'s OIHoe.
Oct., 1887
M. A N.
Boston A Nashua.
Nov. 2, 1874
1803
F. A A.
Bridgeport, Conn,
Fob., 187«
7
J. A J
do
do
July, 1878
N. Y., Union Trust Co. Nov. 1, 1889
!«• M. A N. Boston
M. A N
A New Bedford May 1, 1878
J. A J. Boston, BulTolk Nat. B'k
July, 1, 1881
6
do
do
July, 1, 1804
7
J. A J.
Q-J.
21a
7
Q.-J.
Newcastle, Poim.
Various N. Haven, E.S. Scranton
3
7
6
J.
A
A.,A
|-«-
Now Haven,
do
do
.1
O
Apr.,
1876
1808 to 1900
Oct., 1874
Jan.. 1890
Apr. '80 to *8S
1801
A A. N. Y., C^.'g Office.
1895
A A.
do
do
1881
?«• M. A 8 New York and London. March 1, 1803
M. A N.
Nov. 1, 1889
N. Y., Co.'s Offlcc.
do
6
A. A O
do
M. A S.
do
do
1881
7
A. A O.
do
April 1, 1008
7
do
M. A N
May 1, 1900
Apr., 1, 1878
New lyondon. Office,
I'- Q.-J.
A. A O N. Y., B'k of N. America
Sept., 1885
«
do
do
July, 1892
7
J. A T>
8 or 7 g. J. A J. New York, Co.'s Office. Jan. 1, 1913
F.
P.
•
7
A J,
A
A O
M. A N,
M. A N.
F. A A,
J. A
7g.
F.
I'-
J.
J.
8
A.
8
I.
i«6
7
6
6
6
7
6
M.
M.
M.
F.
J.
7
g.
485.)
1874-5, 8595,lb4; operating expenses, $399,230; net
earnings, $193,913. (V. 21, p. 600.)
New ybr*.— This was a consolidaNetv Jeraey
tion of the Hacken.sack & N. York and Ilackensjick
Extension, and farlber hndt to Haverstraw. The
old bonds are about $J0O,0O0, 7 p. c, due May, 1890.
(V. 20. p. 488.)
New Jers y Jfidland.—Det&iMeA after the panic of
1873 and fimded coupons. The company, having
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 flnatlngdelit of about
After the panic of 1873 the road came
$4011,000.
back without snfflcient rolling st;ick and with'>ut
means to pay interest. The bondholders funded
Several
coup(m9. but default was again made.
plans of re-oigaruzation are proposed. (V. 20, p. 241,
258, 31.3, .3.58. 488; V. 21. p. 39, 64, 83, »30, 318, 393,
441. 466, 489; V. 22 p. 87. 135.)
New Jersey Soulhern.—Thla was a c»n»olld«tion of
sever.d roads. Net earnings. 1875, 109,276. Interest
Litigation In progin default fince October, 1873.
Plan of reorganization, V. SI. p. 4H«, (V. »,
ress.
p. 313, 488; V. 21, p. 46H, 439; V. 22, p. 422.1
New Jersey West Line.— la foreclosure. (V. 19,
p. 640; V. 20, p. .3a3: V. 2J, p a5;. 400
New London Northern.— i^pcrated under lease till
1891 by Vermont Central for $l"iO,0OO a year. Income of Co.. in ls7l-.'5. $151,975; disbursements,
(V. 21, p. r,9i> L
$14:),973.
„^
New Orleans, Mobile ct TeTas.—The Western Division of this road was so'd Nov. 18, 1874. Interest
The trustees' cirouar for rein default since 1872.
oreanization of Western Division is given in V. SI,
p. -231.
(V. 21, p. 2.31, Bai; V. 22, p. a 3, 852.)
New Orleans, St.Louis dt CAIcajo.—Gross earmngs
AA
A N.
Q.-J.
M. A N.
F.
7
7
6
.1
.1.
New Hmen <t Derby-Vet earnings 187.3-1, $24,8.32.
New Haven city guarantees $225,000 of the bonds.
New Haven <k Northamplon.—Gtoss earnings,
_
1001.
1877-1889
M.
*
&
Dm. 1,1
Nov. 1,
1876 and
188S
J.
Bern r F.K'y. —Leased to Pittsburgh. Fort Wayne A Chicago, and lease transferred
to Penn. Company. Net earnings, 1875, $219,531.
Cattle
Q-M.
New York.
A N. New York and London.
H.
M.
6g. M.
^•
A A.
A N,
A N.
A N.
A A.
A D,
A D
A O,
A J
A J
N. Y.. 80. BR. Ags'n.
N. Y., J. B. Alexander.
do
do
1913
1886
1800
May 1,1912
.Tnn. 1,
1,
July
Oct.
N. Y., 80. KR. Ass'n.
N. Y., J. L. King.
Nov.
1,
'74, "79 "84
do
do
1886
1386
1884
Aug. 1,1874
New York Co.'s Office. May 1,1889
London, Baring Bros.
May I,1904
N.Y., Or. Central Depot. Apr. 15, 1876
May 1,1 HK*
N. Y. Union Trust Co.
do
do
Aug. 1, 1876
do
do
May 1, 1883
do
do
May 1,1883
do
do
May 1, 1883
do
Aug. 1. 1878
do
do
do
Dec. 15, 1887
June, 1885
N.Y., Grand Cen. Depot.
April. 1801
N. Y., Union Trust Co.
Jan. 1, 1903
do
do
London.
Jan. 1, 1903
do
do
year ending June
30. 1875, $3.184,32C; net,
SI,38S,MS.
See annual report, V. 22. p. 156. Opcrnted as a cooIII. Central buys op
nectiu" line with III. Cent.
$200.oS) per year of coniol. mortgage bonds of 1873.
Cent.
Ist
mort.
bonds,
due Nov.. 1874. were
The Miss.
not all paid, and Nov. 1, 1875, and Jan., 187i>, them
was some delay In paymet t of interest. Floating
debt June 30, 1875, gl,929.0S7. Rweiver appointed
March. 1876. (V. 21, p. 15.613; V. 22, p. )«, III,
158,
28!. 328.)
New York, Boston di ,J/on/rK<iZ.— Proposed conaoHdatlon of several roads from New York to Rnlhiad.
Company defaulted in 1874 and now in bands of
receiver; foreclosure pending, (V. iiO. p. CS6, 9S8,
833, 405; V. 21, p. 16, 849; V. 22, p. 447, 471.)
New York <t Conodn. -The bonds are guaranteed
by the Delaware A Hudson Canal Co. Koad opened
through Oct.. 1875. (V. 21, p. 207.)
Netv York Central dk Hudson Slter.—'ne eoofolidatlon of New York Central and Hudson River
In 1368 the stiwk of tb*
was made Nov. 1, 1869.
separate companies was $42,712,700. The scrip dividend on New York Central of 80 per c^nt was mad*
in Dec, 1808. On consolidation, another 27perc«nk
was distilbntcd on Central stock and >5 per cent on
Hudson. The mortKagc loan for $40,fo0.000 Is to
retire prior debt, and the balance for laying Ihlnl
and fourth track and other Improvements. These
tracks were nearly completed fnmi Itiiffalo to Albany
1 ,1875, thus furnishing « double track road exclusively for freight traffic. The Harlem Railrawl
was leased April, 1873. The following Is a comparison of operations, ex., for Ave years
Jan.
Cost of road
Gross
Net
Funded
and
Receipts.
Receipts.
Debt,
eqninm't.
.8'>,027,218
ll.TSMIl
40,003.6«7
M.»S.774
187.3-4... SI,»!)0, "as
l»,»62,0e9
8<,««,74J
ia,SII«,M»
78.0I4.SB4
68.«9a.«tN
1874-5
1872 3... 89.1*1,851 11,484,883 «7,72i.8M
9,1.34.2« 16,4116.020
1871-2... as.lW0,975
8.««0,SI6 l\«Sl.Tt»
1870-1... 81,972.106
(V. SO. p. 48. S58. 546; V. 28, p. 4 J.)
a),41%f9T
I
)
.
.
BAILROAD STOCKS AKD BONDS.
zzir
8nb»c»lber» will confer a great Otvor by glylng Immediate notice of
DESCRIPTION.
Date
Miles
Size, or
[May
27, 1876.
auf error dUeovered In iheie
INTEREST OR DIVIDENDS.
Amount L~~ per .^,,„
TT
r—
z
column headings, See., see notes of
of
Par
when Z^T.
Where Payable,
Rate
and by
at tlie head of tlrat page ot tables.
Road. Bonds. Value. Outstanding
Payable
Whom.
Cent.
Kern York
Harlem — Common stock
132
$.50
$7,500,000
2ex J. & J. N.Y., Gr. Central Depot,
Preferred stock
.50
1,500,000
do
2ex J. & J
do
Cousol. luort., coup, or reg. (for$ia,000,0<K()
132 1872
1,000
10,300,000
M. & N.
do
do
7
Sinking fund
1861 500 Ac.
108,444
J. & J
do
do
7
v. Y. Hnusatoiiir it \orthern— Ist mortgage
"go 1872 500 &c,
1,500,000
A. & O. N. Y., St. Nieh. Nat. B'k.
N. Y. Kitiysl. d- Sura.— 1st m., g'd (!i!4,000,000)
150 1872
1,000
2,500,000
New York.
7 g J. & J.
X. Y. rf Xew Kngland ( Bost. Mart/. <C Bri«)—Stock.
20,000,000
let niortga^'Cf, old
"so 1864
273.000
M.'i'S.
Boston.
Xetc I'ork, Sew Ilaeen, <£ i/ar(/V>rrf—Stock
141
100 15,500,000
J. & J. N.Y., Grand Ccn. Depot,
5
Harloni & I'lirtchester, l»t mortgage guaranteed.
124 1873
2,000,000
7
N. Y. it Oswego MUlland—lst mortgage, gold
334 1869 100 '&c.
8,000,000
& J. N.Y.,G.Opdykc&Co.
?«• J.
2d mortgage, convertible
225 1870
2,500,000
M. & N.
do
do
2d mortgiige, non-con vcililjle
225 1871
1,500,000
M. & N.
do
do
7
3d mortgage, enuipment
3,800,000
7
l9t mortgage, Western extension
1873
2,435,000
7
Consolidatecl niortg:ige
1,200,000
7
Jf. r., live, it lJ3»toH—(8touiugton)—Stock.
G2
100
2,500,000
Q.-J. N. T., M. Morgan's Sons,
2Hl
Ist mortgage
62 1868
1,000
76,000
F. A A
do
do
6
Improvement
1866
1.000
100,000
J.
& J.
do
do
7
Extension
58-'G0
1,000
250,000
M. & N.
do
do
6
General mortgage ($1,000,(HX) authorized)
62 1869
1,000
837,000
J.
&
J.
do
do
7
Xorth Carolina—Stock, common
223
100
3,000,000
M. & 8, Company Shops, N. C.
3
Preferred .stock
223
100
1,000,000
M. & 8.
3
do
do
Mortgage bonds
67-'68
223
500
380,000
M. AN.
do
do
8
Jforlheaattni (S. C'.)—Stock, common
102
50
899,350
Pref. stock (8 per cent) exchangeable for 2d mort.
102
50
96,000
m."&"n.
1st mortgage, new
102 1869
500
820,000
M. & 8.
8
Charleston,
2d niortgai;o, now
102 1869
500
226,500
M. & S.
8
do
Xorth Pen nsylvania—Stock
58
50
3,978,150
F. & A.
Philadelphia Office,
3
1st mort.irage
56
500 &c.
1,930,500
J. &. J.
do
6
do
Chattel mortgage
1,000
360,000
A. & O.
10
do
do
2<l mort gage
be
500 &c.
1,300,000
M. & N.
do
7
do
Ocnerii- ".noi tgage Ijonds
2,035,000
7
"50
Iforihem Cenira/— Stock
313
5,842,000
M. a'n. Baltimore & Phlladel.
3
Ist mortgage. State (Maryl.iud) loan
138
1,500,000
Q.-J.
Annapolis.
6
2d mortgivge, sinking fund, coupon
138 1855 500 '&c.
1,490,000
J. & J.
Baltimoi-e.
6
3d mortgage, sinking fund, coupon
138 1865 500 &c.
A. & O.
1,126,000
do
6
3d mortgage, Y. & C. RE. (guaranteed by Bait.).
2G 1833 500 &e.
202,602
J. & J.
do
6
Consolidated mortgage, gold, coupon
138 1868
1.000
J. & J.
2,599,000
do
6g.
do
do
do
registered
138 1868
1.000
A.
205,000
&
O.
do
«e.
Income conrertible bonds, coupon
138 1870
1,000
1,000,000
A. <t O.
do
Income bonds for roads purch:tsed, coupon
1872
1,000
3,000,000
J.
A
J.
do
7
Consol. mortgage, gold, s. fund, coup. .$ or £..-..
i38 •74-'75 1,000
2,964,000
J. & J. London & Baltimore.
6g.
Mortgage bond.'! (exeh. for incomes of '72)
5
For explanntion
of
,
,
tit
Table*.
£on(/g— PrinciWhen
wncn Dn(
Dne.
Stoc/.-s— Last
Dividend.
pal.
I'ai,
April
April
1,
Jan.
1,
1876
1, 1876
May, 1900
Oct.,
July
1,
1881
1902
1902
,
1884
1, 1876
1903
July 1, 1894
May 1, 1895
Jlay, 1800
Jan.
-
;
4
'.
.
.
Ifortnarn.N. /£.—Stock
8212
Northern of New Jersey— Stook
Northern I'uctju—lat mortgage, gold, land grant.
tt Worcester—Stock
let mortgage, State loim, sinking fund
2d mortgage
Ogdensbnrj d- Luke Champlain—Stock
550
.
Norwich
,
393
393
148
393
393
393
f .)
2d con^'jliaatcl .siL'ikin'' fund mortgage
"
Debenture sinking fund bonds (forf 1,003,000)
.
.
.
Spring.. Div. (3p.&IlI. SE.) Ist.M. (for $3,000,000)
Oil Oreekit Allegheny iWcer— 1st mort.{W. & F.RR.)
1st mortg.age (Oil Creek RR.)
1st mortgiige (Un. & Titusville KR.)
Now mortgage, (Pitts. T.
Old OoloHj— Stock
Bonds
Bonds
Bonds
Bonds
Bonds
Omaha
& B.)
25
'
New Tort dk Harlem.— Gross carnnigs 1873-4,
operating expenses, $l,719,3i(: net
earnings, *1,1J7,UI. Lea.ssd to Now York Central
at 8 percent per annum (payable J.
J.) on stock,
•Dd interest oa bonds. The Fourth avenue horse$8,836,5-3o:
&
and
railraad
real
estate
was
retained.
York, Homa'onic
pending. (V. 21, p. 34i(.)
New
&
extn
Tile
dividend April, 1378, was from profits of city
New
'
yor<Ae/-n.— Foreclo.^nre
King ton * Sifracttse. -Includes old
& Oswego Sold in foreclosure May 3
1875, fo.r t750,noi
(V. 19, p. 386,
814, 453, 015; V. 21, p. ICO.)
53.J:
V.
20,
.
i)
i
212
'«.
533 5-6)
New York, New Haven
'
Ilartfora.-Vlet income
applicable to dividends in 1874-5, $l.ti9:),»3J, a"ain8t
$1,SJ8,«6 in 18r3-4. (V. 20, p. 8;; V. 2.', p. 15.)
New
York
li.
fault since 1873.
i^/i'i
a(4.bi».
*'l'^ 'i";
<t
Ovoejo .Viilan^.—lntenst
in
de-
Keceivers' cortiflcates have b Jen
flo»''"g ilebt, Sept. 30, 1871. was $ii,-
UoScit on operations, year 8:3-4, S2S6 38-2
latest funding plan V. 21, p. 2T8. (V. 20,
n 8.3
242, 26fi 313, 5UI, 622; V. 21," p. 40,64 183; V.
^2, p.'
ooSf, 4'*7.
New York, Providence dk JBojton. -Annual report
for flscil year ending Sept. 1. 187.5, showed net
earnings $108,511, leaving a surplus of |r3,7M above In"'il'.
p. 464.
*'"'
dividend payments.
Full report V. 21
Ni^lh Carolita.- Lowed September,
'
1871, to RichDanville Kailro.id at #261,000 per annum
In M»rch, 1875, the gauge was changed. Dividends
or * per cent, are paid oq stock, of which the
State
WOTd *
100
100
100
100
1862
1868
1868
1871
1873
1874
1870
1876
1,000
1,000
£200
1,000
1,000
1,000
1,000
1,000
500 &e.
1,5.50,000
"& D.
J.
Boston, Office.
3^
1878
July 1, 1876
1878 & 1881
July 1, 1899
Mar., 1876
Mar., 1876
1877 & 1888
May, 1875
Sept. 1, 1899
Sept. 1, 1899
Feb.
Jan.
Apr.
May
1876
1885
1877
1896
1,
1,
1,
1,
April 1, 1878
Irredeemable.
1885
1900
1877
190O
1900
1880
Jan. 1, 1922
July 1, 1904
1926
June 1, 187S
1875
1S78
July, 1900
Jan. 10, 1876
July 1, 1877
July,
April,
Jan.,
July,
July,
April,
I
&
J. City, Hudson Co. B'k.
&
New York.
7.30 g.
&
New England Trust Co,
5
&
do
6
do
&
do
7
do
July, '7d to '77
&
Boston, Office.
2
Jan. 10, 187e
A. & O.
4
do
April 1, 1870
J. & J,
do
8
Jan., '78 to '79
M.& 8.
do
8
Mar., 1890
Nov. 1, 1905
New York, Office.
"sW M. & 8.
Mar. 1, 1875
A. & O.
do
do
7
AprU.l, 1882
J. & J,
7
do
do
Jan. 1, 1898
6 g. J. & J.
I-ondon.
Jan. 1, 3.203
A, & O.
New York, Office.
7
April, lan
M. & N.
do
7
do
May 1, 188a
1st coup, due Nov., '77
6
Nov, 1, 1905.
F. & A.
Philadelphia, Office.
7
Feb. I, 189S
A. & O.
do
7
do
Apr,
1882
J. & J.
do
7
do
July 1,. X890i
F. & A,
do
7
do
Feb.
1896.
J. & J.
Boston, Office.
3
Jan. 1,1876.
M. & 8.
4
do
Sept., 1876
F. & A.
7
do
Aug., 1877
F. & A.
do
Aug. 1, I88I1
M. & 8.
do
.March, 1894
J. & D.
do
6
June 1, 1895,
7.30 g. J. & J. N. Y., Kountze Bros.
Jan., 1901
M. & N.
Newark, Office.
6
A. oi O.
Fraukford O. M.
I'- M. & N. N.Y.,Fai-mers' L.iT.Co.
May, 1915
F. & A.
do
7
do
Feb., 1891
4J2
F. & A. N. Y., Del., L. & W. RR. Fclj. 20, 1876.
M. & N.
do
7
do
1880 & 1885
7
J.
J.
J.
J.
J.
J.
-
X,.
1,.
6,733,800
1,000,000
1,450,000
500 &c.
205,500
1,000
1,692,000
500,000
40
i',oo"o
16,000 p. n'.
9
546,000
200
10,950,000
2812 1865
1,000
350,000
1866
1,000
200,000
"3.5
50
1,320,400
35 58&04 500 Ac,
134.000
'i"do
1866
1867
1871
1874
1875
1871
2»2
1,000
1,000
of North Chrolina holds J3,ODO,000. (Vol. 16, p. 653:
V. 17, p. 135, 218; V. 20, p. 267; V. 20. p. 30 .'0
three,
Northeastern, 8. C.-Annual re ort for 1871-6 in
"***•
^""^^ earnings, t4:6,95'i; net,
li-,^:.?$17o,441.
Miisisilppi.— An abstract of the annual
report to Jun; SO was given in V. 2I,p. 322 and
464. The following comparison is for three years :
A'brtA P<nnsytoa.iio.— Gross receipts in yearlS74-5
*1,417,T3I; net, $512,19;; surplus above interi'st'
f liiO.oSr. Stock held by Philarle'pSia city was sold
Earnings
$3,751,422
Operating expeusos. 2,613,313
common
6 per cent for three years, 7 for the
3 for the next fourteen years.
February,
1875. (V.2J, p. 231,
403; V.
dk
18:3--3.
Net
134.)
22, p.
Iutere8t,&c
Thi company
Northern Cenlral.—T :.c annual report for 1875 in
23, p. 278, showsgross carnino-s,
expenses, 83,)i3,123; net,
81,5«<,!24.
The total net income was 81,7,16,633, of which
$1,247,176 was paid for interest aud renuils. ieaviu"
net income, $4.'i9,483. eqiml to 7 83-;0i percent
npoa the capital btock of t.'ic company. The report
for 1874 showed gross earnings of |4.6r6.500;
expenses, f3,383,553; net earnings, $1,032,916. (V 19
p. 617; V. 20, p. 267, 336, S.iS; V. 23, p. 257.)
Northern of
New
J^erssy.- Operated
"' gross earnings,
*27d,991. (V. 30, p. 488.)
S'^,'^„''„"'
which
V.
V.
Ogd-fneburg
Jk
Like CAainplaln.—l,c&sed
in
22, p. 111.)
Creek dk Allegheny Tliver.—SoM in foreclosure
consol. mortgage, Dec. 29. 1875, for $10.',00>. New
or^'anization made Jan., 1876, as Pitts. Titusv.
Buff. IIR. (V. 21, p. 40, 3fl«; V. 22, p. 16, 135, 279,
399 )
&
Old Co'ony.— There are S33,f 00 5 per cent bonds
duo 1834. Total earnln'^s in !874-5, t2,286,4i3; expenses, $1,443,135; net, $732, 72^,
(V. 21, p. 533.)
Omaha S
.VortAwArt.— Passed interest 18T4. Some
bonds and coup's exchanged for lands. (V. 2-2, p. 79.)
Oregon
'
dk
California.— BoTtHs nearly
all
placed in
Germany. After default in 1873, proiiosition
by Ben. Holladay, President. (Sec V. 19, p.
offered,
480; V.
22. p. 375.)
°^''
March,
I81Q, for twenty years to the Vermont Central for
iatereet on bonds, 8 pit cent on preferred stock and
on
Illinois
OU
at 35
i8r5 were
^ '^*"*' *"^'**'''
&
&
Norwich * Worcester.— l.'&<ie&. Pebnwry, 1363. to
Boston, nanford & Erie f.ir 100 years at li) percent
per annum on cost. Dividends paid of 10 percent
|!9l!9^'!™iv.^2"Tp. S9o'!f
2,810,969
683,510
815,472
;
fiscal
22, p. 1.35, 139, 2oi)'^'
2,516,8d0
1,14,109
931,193
1,033,37
771,138
purchaed the Spriugfleld
of directors Oct. 14, T.i, the Bait.
O. interests are
more largely represented in the board. (V. 20, p.
2!5. 287, 291), 291, 477, 491
V. 21, p. 269, 322, 372, 896:
Northern Taciflc.-SnXA .\ng. 12. lR7.->. for *I0O 00)
and pref. stock is Issued to bondhoMors at tho rate
of $1.4)0 for each $1,000 bond, and this inciAlestlie
interest funded to July, 1878.
Tiiis stoclt is oxcnangeable for land at its par value. (V. i\ o 15
78, 137, 160, S31, 321, .372;
187'4-75.
$8,2iM,47»
mortgage bonds $l,^iO0,l;O0 wero reserved, the proceeds to be used for improvements. Since election
by Erie
in
1873-4.
$3,47^074
Southeastern R ,ad March, 1875, for *i,000,000 in
bonds secured on the Sp. ,fc I. S. road, and with privilege of funding c:)npon3 to Nov., Ib77: of the same
CuROMCLB, V,
Northern New Udmpshire.—'Set inco-ne
year 1874-5 was $193,89J. (V. 20, p. 499.)
next
and
Ohio
81,926,24:;
New Yirk A New JF/i7tonof.-This was formerly
Boston Ilartf. & Erie. The road was opaiated by
the trustees of the Berrtoll mort"a'^ lor several
cOT»™yed to tlie new company in July.
JSJJ"*.!;''
<'" Mass). 1871-5. $110,178;
. •.,^''^?t''*7,",'°5^
''•
**'' '^' *'^' ^•''' P-^''
sot"
3,068,400
1,000,000
400,000
30,441,300
2,604,400
400,000
245,000
3,077,000
2,000,000
500,000
468,000
20,000,000
4,030,000
174,000
6,584,000
112,000
3,905,000
160,000
1,616,000
1,500,000
580,000
500,000
line.
Tori,
J^iondont
1,000
1,000
217
,
—
228
..
di Iforlhieestem
Land grant gold bonds
Orange it Newark 1st mortgage
Oregon it California— st mortgage
Oswego it /tome— Ist mortgage guaranteed
Income mortgage bonds
Oswego rf Si/racuse— Stock, 9 per cent guar
Mortifasre bonds
—
63.'69
1870
Ohio it JUississippi — Stock, common
Preferred stock (7 p. c. yearly, cumulative)
Income and funded debt bonds
e.
100 &e.
100
6G
122
122
Equipment bonds
Slnkmg fund bonds
Consolidated mortgage, sterling
1870
"66
PrefeiTea stock
Ist consolidated niort. ($3,.')17,000 are
'ioo
21
21
Ist mortgagt^
April 10, 1876
I
Osw'ffo S BowM— Operated by the Rome, Watertown <fc Ogdensbnrg at 8 per rent on $30', 000 stock
and interest on first mortgage bonds.
Oswego c6 ^raciif*.— Leased to Del. Lack. & Westfor interest on bonds and 9 per cent on stock.
.
;
M
RAILROAD STOCKS AND BOND 5.
27, 1876.]
y
.
wl.l coufer a ereat favor by tglrinz
(siibaet'lbers
DESORrPTION.
Date
Miles
For explnnntion of column
at the
Otoensborn
1
hoiilliitirs, &a., see note*
of
of ttrat puj^e of tubles.
Road.
liuiul
ItiisneUnillf—lat
<e
mortgage
'Faoijic of MiHSfiiiri~%toii)i.
Ist iiiortKii','^, KoI<l
I
,
2il iiiiMt!;!!',-!! (siiiklii'.' tiinrt
$50,000 per annum)..
rstalc (dtjpot) tiomU
K»'.;il
Di'ht to St. I.imi.s County (in»boiKl.s)
Inci>iiir
(guaranteed Atlantic
liiinils,
Paclfle)
..
tuiiue
:!il
LoiiU hraueli, 1st
St.
IjC.\. Ji
do
A
liiort.,
gold, guar
2d mortgage
<lo
Lcavcnwortli, Atcli.
Piduenh
mortgage
Hrancli, iKt
('iuiii:ililrt
j
&
N. W., Ist luort., guar
w— Ist mortgage, gold
rf .1fein/jA
.Jfjiiai'in— Stoek
Ocneiat mortwge, sterling
Paris <f Danville. Ist mortgage
Paris d: Ikcahir, (Ills.)— 1st nr)rt., g'd, sink, f'd
PaUmoii it- Xewark Ist mort., guar, by Krie
lat mt»rtgage
rekiii. l/tm-iiln d: Decatur
—
I
—
I'eni.isidiii-
1872
200 1875
151a 1873
55 14 1871
55 '4
21
1870
115
47
47 1867
12
67
166
860
355
fimd
i>ctotPrtrc^l8t
Xew
rennsiflcftniu d1st Hiort gage,
Peoria
Yorlc
mortgage
— Ist mort., guaran
guaran tt^cd
liurcau Vallcij — Stock
<e
Peoria, l*cUin
Jucksonrille— 1st mortgage
<£•
2d mortgage
d; Iluck /.—I st mort. (after $150,000 10a)
mortgage
/'frA-ir)»ic/i— 1st
Cousol. mort., gold, guar. P.
Petersburg
—Stock
&
mortgage
Ist mortgage (Md.)
Ph ilailelph ia AVJe—Stock,
2(1
— 1st mort. (Pa)
common
<£•
Preferred stock
Sunbury
let mortgage,
Ist mortga;re
:
2d mortLTaw
2d mort.. -old
&
Erie
(for $20,000,000), guar by P. B....
d Reading Stock, common
Preferred stock
Mortgage loans inconvertible
XiOan mortgage, convertible
—
fhUatleliihiit
do
do
d<i
Improvem*t mort. (dollar or st<;rling) 8tnk*g fund.
Gen. mort.. $ and £, (sink, fund 1 p. c. yearly)
Coal A Iron Co.. guar. mort. (for $30,000,000)
PhUailiiliihia if: J'/v/i(o»—Stock
Phitadi'lphlu. (iermantown d: Norristown Stock
.
1869
1866
"46
287
287
287
1857
1861
1868
1869
50
50
1843-9
18.57
d St.
1836
1836
745
750
& Newark
& Ind„ reorganized.
Division bonds
—
—
Pacific of 3fUsouri. Road was leased .July, 187^, to
Atlantic
Pacific Railroad and dividends g«;irsnteed. In Sept. and Oct., 1873, the price of stock
fell from A7H to 714. the principal causes being
a decrease of .$ti33.9!)lj in carnmgs since .Tannary 1
the failure of A.
P. to pay tbc October dividend
advertised, and the fact that the road was- so heavily
loaded with debt to A. tfe P. Co.
The lease W!is
BOfrcHflered Nov., 1375, and litigation is iJeiidins;.
Interest on 3d mortgage and on Lexington
St.
Lonis in default, December, Xsti. (V. 20, p. 28S,
4J9, 69-); V. 21. p. 40, .37i, 89S, 412, 418, 466, 4;9, 5.33,
571, 592; V. i2, p. 10, 182, Zm.)
&
&
I
!
I
'
;
j
'
&
Padacth
cfc
Jft?;rtpAi*.— Foreclosure
-comint-nced, but
proceedings
compromise nfterw.ird reported.
<V.2I. p. 110; V. 2J. p. 333.)
"'/.—A steamship
'
-
Fari'f
line lately started. (V. 20,
V. 2i, p, 86, 2,3.3, 947,
i\, p. 207, a'Jl, 439;
.
m.)
,
ZJa«ri/^^.— Foreclosure in progress.
,ft
(V.
;:,p. 180,297.)
l*ari^
&
Dsctlur.
—Consolidation.
Now
IKinois
Midland.
(V. 19, p. 331; V. 21, p. 613.)
Paterson & AV^/'arA.— Lately operated
Stock is tJSO.OOO.
Pfkin,
Wabash
Lincoln
A
<t
Western.
April 21,1676.
1,138,900
1868
1871
1871
1871
1873
1873
1874
1872
2,700,0(K)
10,(i8S,000
1872-t
Owensboro cfc R't^ellvile. ^Now Evansvllle, Owensboro & Nashville. To be sold in foreclosure.
1
186.8
1858
1867
do
do
1st nujrtgage, Steubenvillc
Col.
1836
967,200
495,900
134,400
1,000
20
100
98
r>.— 1st m., cons, (for $10,000,000)
2d mortgage
by
Erie.
DMatur.—h-asciX to Toledo,
To be sold in foreclosure
(V. 23, p. 217.)
Peninmlar.— Then
is also a second mortzago for
Defatdted May 1,1872. Coupons unfunded.
Con.sol. with Pt. Huron & L. M. July, )S7;i.
W. L.
B.mcvoft, Receiver. (V. 17, p. KS, 630, 763.)
PnitiJtylvania.—ThQ report for '7.5 is given in V. 2.^,
p. i-iS, 447. In May,'75, the dividend was changed
to the rate of 8 per cent per annum. The direct
funded del)t of the company is $59,000,000 in 1874
the liai)ility as a guarantor of principal and interest
was on |;«, 983,800 bonds; annual liahilitv addithiiul on gaarantecsof interest or rentals, $13,862,31°.
tM 1,000.
;
1,600
.
1875
1868
1873
1861
1861
200
200
117
33
1,000
1,000
1,000
I't'8
8
J.
A.
6
7
.\.
J.
g.
2I3
2>a
6
6
.
22,6-12,371
24.836,00!)
1872...
..
82.lll2,-=i25
5g.
I.
7
«.
7
7
The Pennsylvania Company
A.
.r.
g.
g.
1
cfc
.r.
J,
A.
«^-
J.
21a
3
4
6
(i
6
J)
7
7
6
7
113.010.000
l(B,734,0-5
82,.589..5.37
is
New I'wt.— Operated
in
close
connection with the Lehiiih Valley. Net earnings
Dividend of 7' J percent piid on pre1873, t;44-',36l.
ferred stock, $2,000,000; common stock is $I,06!,700.
Peoria cfc Biirexu Vj/fe«.— Leas' d perpetually to
Chicago, Rock Island & Pacific at |;123,00J per year.
PeoriT, Pekm & Jackaoni'i >e.—ln year ending
June .30, 1874, net earnings. $60,261.
Pe&ria cfc Hock Island.— In hands of receiver. Defaulted in 1874. There are old 10 per cent bonds of
$139,000. (V. 2). p. 141, 616; V. 21, p. 159. 319, 5.33;
V. S2, p. 56, 344, 463.)
P?rtio»wn. --Leased to Philadelphia 4 Reading.
Pctersburfr. Gross eaminss 1S74, $240,145: net,
$10.3.373
(Vol. 19, p. 351; V. 20, p. 59i: V. 21, p.
64, 372; V. 22, p. 1.3J.)
Ph'ladelphla <t Baltimore Ci!«fra'.— Operated for
—
J.
6
a corporation distinct from the Pennsylvania Railroad, formed to
operate all the leased Imos west of Pittsburg. Tlie
stock Is o^vned by the Pcun. RR. In t^7» tbc operations showed net profltof #811,338, including receipts
from the Company's investments. A very complete
exhil)it of the operations and financial condition of
all its leased roads was publislicd in V. 20, p. 425,
&c. (V. 18, p. 192, 28.5, :-l50, 501, 5.s4, 631; V. 19, p.
.377, 47', SOI; V. '21. n. 16, Sfi. 267, 314,4-i3; V. 21, p.
1.39, 361, 458, 592; V: 2-3, p. 253.)
Pennsylvania cfc ZJrfaiC-trc— The lease of this road
to the Pennsylvania Kuiit-ond was ratified in 1S74.
Previously operated under temporary lease.
Pennsijlvani
do
2278. 4th
do
8t.
A
A
&
&
&
A
&
&
A
A
&
A
A
1900
1837
1, 19J3
J.an., 1872
Feb!.'
Apr.
1,
June
N.Y, Lancaster, B.ACo. Jan., 1879- '98
do
1902
do
do
Jan., 1879
Jan., 1900
Oct., 1891
,T.
8.
Philadelphia, Offlc«.
188.8
J.
J.
Londou.
Philadelphia, Office.
1877
1893
1893
J.
.1.
o.
D.
do
do
do
do
J.
O.
.1.
A
&
A
J.
J.
June,
June,
June,
Jan. 1,
1911
1911
1911
do
do
1893
Philadelphia or London Oct. 1, 1897
London A Philadelphia. July 1, 1908
do
do
1892
Phila<lclphla, Office.
April 10, 1876
Phila., Treasurer of Co. March 3, 1876
Philadelphia A London.
D. Philadelphia, Office.
J.
Q.-J.
A
Philadelphia
do
Boston. Jan.
do
O.
'do
do
A. A O. Phil'delphin, Co.'s Office
A. & O.
do
do
F. & A. Phila., Pa. RU. Office.
A. A O.
do
do
M'nthly N. Y. Agent, 57 B'way.
J. & J. Phila., Pa. RK. Office.
A.
1800
1876
July 1, 1894
Feb.,
Oct. 1, 1877
March 31, 1881
do
July 1, 1888
A London. July, 1!)20
Phihulelphia, Office.
Jan. '25, 1876
do
do
Jan. 25, 1876
do
do
1880
do
do
1880
Londou.
1880
do
1880
Q.-M.
J.
J.
1,
June, lOOe
J.
do
J. Philadelphia
Various
290,000
1,000,000
700.000
839,000
6,222,000
5,000,000
3,000,000
775,000
145,704
8.217,832
.r.
(>
r.
1,259,100
2,231,900
9,3.'6.^i2l
Phlla.,
.aud Londou.
June
J. Philadelphia, Pa. RR.
O.
do
do
O. Phlla., Pa. Life A T. Co.
CJ.-J.
& J.
.r.
11,.536,2.50
9,
&
&
&
Q.-J.
.r.
.
.
.1.
A
A
.r.
On all operations east of Pittsburg, in 1375, thcrcpor'
SI, 031. 929 over all payments,
including dividends. The following is a comparison
for four years on main line and branches in I'ennsylvanu'
Total Stock
aro,-.«
Net
Earnings.
and Debt.
EarniuETS.
$20,PI3,251
$s,I4r,.388
$ia3,';9,3,560
1S75...
.
J,
J.
New York
1005
1!I03
do
&
A.
O,
D.
15,
1873
1903
1903
do
do
do
do
shows a net snrplns of
1374 . ...
1873 ...
do
do
7
7
1,000
1,000
1889
Oct.,
Philadelphia, Office.
6
10,500,000
9,588,000
19,900,000
June
Philadelphia, Office,
4'
6
do
PhUa., B'k K. America.
7
6
,000
do
Pittsburgh Co.'s Office.
Philadelphia.
A. N.Y.,C'hie.,R. I. & Pac.
J. N. Y., Imp.
Trad. B'k.
7
9<i8,000
1,000
1,000
1,000
1,000
A
A
A
&
A
A
A
7
13,413,.500
100
50
50
500
1
& O.
A A.
A A.
& O,
A D,
A D
7
7,000.000
"20
Baliiniore—Stocli
7
4
2,400,000
1,000.000
5,000,000
3,000,000
8,680,000
32,725,775
1,551,800
1,510,500
79,500
132,400
1,000
1,000
1,000
1,000
1.
Jan. 15,1876
A.
y.-JI.
6
500,000
300,000
800,000
400,000
300,000
6,048.700
100 Ac.
100 &c.
100 Ac.
50
50
Commerce. Dot.
York, OlUa!.
1803
1S8S
1802
180S
1803
1800
,r.
"3'
1,200,000
1,324,200
100
Plain bonds, loan
do
do
1,000
I,
.1.
1,500,0(K)
621,<M)0
Way
& O.
Londou.
Oct. 10. 1807
& J. Sew York and r>ondon. July V.'l892
A J. N'. Y., Erie Railway Co. Jan. 1, 1878
K, * A. N. Y., T. W. A W. KR.
7
Feb., 1900
New York.
7g. M. & N.
May 1 889 to '00
Q.— F.
2
Philadelphia, Office.
May 29, 1870
J. 4 J.
6
do
do
Jan., 1880
Q.-J.
Philadelphia, Office.
1010
A. & O.
5
do
do
Aiiuiully.
Vg.
7
7
100
O. N. Y., B'k of
IBM
1,
Aug., 1888
July. 1801
r'b.,
N. Y., H'k Commerce.
bipt..
N. Y., Atlan. A Par. KR Mny 1.
N. v., H'k Couimercc.
Oct. I.
do
do
Dcu. 1.
New
?«•
1,083,000
519,000
1,500,000
i',6do
do
do
Pell.
July 20. 1875
St. I..onls.
3
8,000,000
1,200,000
1,000,000
1,000,000
1,500.000
When Due.
Storkll—ljttt
Divhlvnd.
no
do
.J.
19,999,7(!0
7,O!)6,()O0
&
A
M. A
M. &
««• A. A
&
A. &
5,007,360
29,250.000
3,000,0(H)
1370
1867
1873
18.59
niont'
50
50
1864
..
—
Kite., C.
i',6oo
83
83
sterling
Philu'lctiiltiu, Wilmington d1st niortg:iir«, convertible
1873
90i<j
do
do
East Penn.sylvftnia 1st mort., sinking fimd
Loan mortgage, sterling
Loan debenture
Loan mortgage
Consolidated mort., dtdUir loan, coupon or reg
gold, dollar or sterling
do
do
do
do dollar loan, gold. coup, or reg
Debenture lo.in (convertible 187l)-92)
.
1,000
1,000
36
10
287
M.
1,07(>,000
50
1870
100
500 &c.
82
82
36
.f.
8
7
7
3,800,000
68,870,200
4,970,000
'
1,000
1,000
"82
Bait. Central
(Pa.)
1,000
1,000
18
bonds (p.ayable $25,000 yearly)
2d mortgage
it
500 &e.
1871
187.T
R., (sink, fund)
1st nuir't.
Philaddidiiii
18t>8
40
Pforia
.500
N.V., Imp. ATrail.N.B
N. Y., At. A Vnc. R. U.
N. Y., li'k Common o,
7
1,.54 1,000
7,000,000
2,794,000
1,190,000
1,200,000
500,000
£200
&
F.
700,000
.500,0(K)
pul.
aud bv
P.iyable,
Whom.
Ih
200,0(M)
1873
1S73
1866
18UU
105
105
8
When Where
Payabli
2,700.000
800,000
l',0()0
ioo
per;
Cent.
(ig.
2,500,000
500,000
900,000
1,000
'
44
44
Rate
7,01)0,000
1,000
,000
]
any error dUcovared lo ibra« Tab ea.
f<»»r/ii— PrthettNTEREi»T OK DIVIDENDS.
ol
$1,500,000
7,000.000
1,500,0(K)
69.'70
—
d
Amount
Out8tuudll)g
100 &c.
1872
General mort.. Ph. to Pitts., coup, and reg
State lien (pay'l)le in annual inst'lm'ts of^iCSO.OOO)
Coiisol. mortgage, coup. & reg. (s. f. 1 p. o. yearly)
PetDuti/leania Co. Commou stock
J'referred stock
l^t mortgage, gold, (held by Pennsylvania KK.)..
2d mortgage
Par
Value.
1872 $500&c,
100
1,(M)0
1868
1871
1 ,000
1872 500 &c.
75
Penufii/h'dn (a— S took
Ist mortgage
rennsiilMtnia
Size, or
of
Bonds
3iht
—
(.MicU.)— l.st mort., gold, sink,
36
485
2S3
283
Immndlkta notice
zxv
3,
1876
July, 1884
April, 1887
Oct. 1, 1892
April 1, 1900
Aug. 1, 1900
Apnl 1, 1913
May, 188-1
Jan., 1890
some time past, in Pcnnsjlvnnla by trastccs of ftrst
mortgage bondholders.
Phil., ~TS\.r
Wfl. A Bait,
largely
•"
interested.
Philadelphia <t Erie.—lxaffd February, 1S62. for
999 years to Penn. Railroad, but without'any ^arantee of bonds. Gross earnings. ],S73, $3,865,^;
net earnings, $1,137.4:3.
The Penn. Railroad 1»
creditor $231,244. (V. 20, p. 8, 243; V. 22, p. ZtiS.)
*
Philadelphia
/?«3(f/ni7.— The net earniugsof main
and branch lines in 1874-5, were $4,530,768, against
S3,-2n,';05 in 1S73-', and $5,;«7,T66 in 18:2 3. Income
fron\ other sources, $2.311, '89, ngairst $',331,6711 in
1873-4.
The trustee? of the general mortgage holtl
the mortgage of the Coal & Iron Co. A coinparifaon
of statistics for three vcars is as follows:
Gross earnings..
Op. expenses
.
Net earnings
1872-3.
1S73-1.
1S74-5.
$14,8.32,661 $I4,4.5'2.121 $12.6«ii,!)27
9,474,895
8,731,916
8,13.1,1.59
$-',,357,766
$.5,7S0,2-".5
$4,530,718
Inc. other sources.
l,:55I.ii70
1,065,116
2,341.889
44,18 s716 58,145,138 57,134,111
(V. 19. p. 17, 32. 51, 352, 489; V. 20, p. 358; V. 21,
p. 45^; V. 22. p. 109.)
Funded debt
—
Philadelphia A Trenton.— Leaxi to PcnDsy>ania
R;»ilreafl with United New Jersey companies at 10
per cent on stock.
Phi'.-^de'phia, Oermaiitown eft XotTislawn.
Leased
for 999} ears to Philadelphia & Reading at Vi per
cent, on stock.
Philade'phia, HVmington cfc JJnOTmore.-Net earnings, year ending Oct. 31. 1875, $I,240.ti03, leavtnga
small surolns of income above' payment of 8 pc*
cent dividends.
Last ahnnal report In V. SS. p.
—
lie.
Pittsburg, Clndnnali cfc St. Zmi<.— This company
leases se%'eral roads uud ia itself contioilcd by the
Pennsylvania Co., which holds a majority of tlie
capital stock.
Common stock, $-?,508,700: 1st pref.,
Net earnings,
$2,928 610; '2d pref., $-',CC0,i0D.
Annnai report, 1874,
1875. J7.3-3.9B-J.
21. p. IJ,
(V. 20, p. i?.';, S>3, 426, 491; V. 22. p. 517.)
-
V
.
.
.
.
,
RAILROAD STOCKS AND BONDS.
XXTl
[May
'
27, 1876,
any error discovered la these lable*.
JJo«(7«— PrlnoWi
INTEREST OR DIVIDENDS.
DESCRII'TION.
w hen Due.
Miles Date Size, OT
Amount Rate per When Where Payable, and by pal,
S(oc/,s— Last
Par
notea
of
of
see
lieadings,
&c.,
column
of
explanation
VOr
Outstanding
Dividend.
Payable
Whom
Cent.
Value.
Road. Bonds
at the head of flret page of tallies.
—J. N. Y., Wlnslow, L. A Co. Aiuil 4, 18'
1%
468
$100 $19,714,285
Ktftfttiro, Ft. Wai/ne <t Chicago—Stock, guar.
April 1, 18
do
-J.
do
1%
468 1871
100
4,100,000
Special Improvement stock, guaranteed.
do
July 1, 19
J.'
A J.
500
7
do
468 1862
&0.
876,000
^S
iBt mortgage (scries A)
July 1, 19
F. A A.
do
do
7
4G8
1862
500
875,000
&c.
do
B.
^^
do
l8t
M.
8.
July 1, 19
A
do
7
do
468
1862
500
875,000
&c.
do
C.
do
Ist
fli?
July 1, 19
A.
A
O.
do
7
do
468
1862
500
875,000
&c.
D.
do
do
1st
2P,
July 1, 19
AN.
do
M.
do
468
1862
500
7
&e.
875,000
do E.
iKt
do
B ®
July 1, 19
AD.
do
do
468
7
i.
1862
500
Ac
875,000
F.
do
do
l8t
s?
July 1, 1912
do
J.
A
J
do
7
468 1862 500 Ac.
860,000
do G.
do
2d
July 1, 1912
F. A A.
do
do
7
468
860,000
1862
500
&c.
5^'H.
do
2d
do
tsoa.
July 1, 1912
M.
B.
do
do
A
7
468 1862 500 &o.
860,000
I.
do
do
2d
July 1, 1912
A.
O.
do
A
do
7
468
500
860,000
1862
Ac
K.
do
do
ad
July 1, 1912
M. A N.
do
do
860,000
7
468 18(i3 500 Ac.
L.
do
do
2d
July 1, 1912
AD.
do
J.
do
7
468
1862
500
860,000
Ac.
M.
do
do
2d
Jidy 1, 19W
A. A
do
do
468 1862 500 Ao.
7
2,000,000
J«
do
3d
Jan. 1, 189r
A
J.
N.Y.,
Wiuelow,L.
bonds.
J.
ACo.
100,000
7
1857
1,000
eonstructiou
Chlo.
dc
Wayne
nttsburg, Ft.
Mch. 1, ISM
M. A B.
do
do
8
1874
1,000
1,000,000
Equipment bonds (renewed)
FhiladelpMa.
gold
1,000,000
mortgage,
1,000
Charlestotv-lit
rUUb., Va. <«
?«•
July,' 1898
J. A J. Bait., Bait. A Ohio RR.
149 1868
1,000
4,000,000
PWsb. a CotDielU-ville.—lBt mortgage
F. A A Pittsb., First Nat. Bank Aug. 1, 1882
10 1859 100 Ac.
400,000
6
Tmtle Ci-eek division
do
Ist
149 1876 £200
6,500,000
6g. J. A J Loudon, J.S.MorganACo
O.)
Cousol. mortgage, (guar. B.
July 1, 1901'
New York.
I6719 1871
1,000 20,000 p. m
7g. J. A J.
Plymouth, Kanlc. « Pa*.— l9t m. ($3,600,000)
New York.
May 1, 189ft
66 1869
1,800,000
1,000
rurt Huron d L. J/i'cA.— 1st mort., traf guar
!«• M. A N.
Jan., 1900
J.
A
J.
Boston,
First
eg.
Nat.
Bank
gold
62
800,000
E.
D.,
1870
mort.,
Ogdensb.—
1st
Portland
do
Nov., 1901.
do
1,124,000
1871
6g. M. A N.
New mortgage (for $3,300,000)
M.
A
N.
New
York
May, imu
and
Boston.
100
gold
116
1871
Ac.
2,300,000
Div.,
Vci-mont
1st mortgage,
52J2 1867-9 500 Ac.
700,000
i«- J. A J. Boston, Columbian B'k. July 1, 18)
Roehesler—lBt mort., s. I. (Portl. loan)
Pbrtl.
Safeaerlbers \rlll eonCer b Kreat favor
bf
arlvlnx
Immediate aoUce
ot
.
<fe
.
<£•
€£•
52I2
1870
52 13 1871
52
111% 1869
71
71 1872
67
Ist mortgage, equal lien
(Portland loan) sinking fimd
do
2d
Portland, Saco <t Portsmouth— Btock
Port Royal (S. (7.)— 1st mortgage, convertible, gold.
Gt. Falls tt Conicau—Stock
(not mort.) guaranteed by Eastern
FrovUlence <t Worceslei Stock
Portsmouth,
Bonds
—
RR.
44
50
Mortgage bonds
Heading i Columbia— lat mortgage, coxipon
2d mortgage, coupon
Keadini; d; Lehigh— 1st mortgage
Betisselaer <£- S«catoi/n— Stock
Ist mortgage, consolidated (for $2,000,000).
50
isi
181
142
10
.
JBichmond d 2>a»i>iHe— Stock
State sinking fimd loan
Bonds, guaranteed by State
Consolidated mortgage, coupon or registeredNew general mort., gold (for $6,000,000)
Piedmont branch, Ist mortgage
Northwestern, N. C, 1st mort., guar.
Potomac Bonds, ster
Sich'd, tredericksburg
Dollar loan
of
1881
Coupon bonds
Richmond <t Petersburg— l&t mortgage coupon
New
mortgage
Sockford, Rock I.
Rome, Waterlown
<t St.
Louis— letmort., gold
General mortgage, sinking fund
2d mortgage
Consol. mort., convert, till July, '79, coup
E«(ta»(i—Stock, cummon
Preferred stock
Bl.
Joseph
<t
mortgage
Deueer Citg— 1st m. gold, E. div
Ist mortgage,
JSt. Louis, A lion
We^em division, laud grant
& Terre i7rt(i/c— Stock
(7 per cent yearly, cimiulative)
1st mortgage (series A) sinking fund
1 g
1st mortgage (series B) sinking fmid
^sZt ^
2d mortgage, preferred (series C)
.^?S
2d mortgage, preferred (series D)
^'S'§,^
2d mortgage, meome
g a ma
Preferred stock
1870
1870
1872
1869
1870
.
^f
18("i4
1861
1864
1864
1864
1870
I
\
Equipment mortgage
Jo S *
St. Louis, Iron Mountain <£ S9u(/t«rK— Stock
Ist mortgage, coupon
2d mortgage, gold, coupon, may be registered
•.
6H6
210
210
6H6
100
72
300
after 1880), coup., may be reg,
Arkansas Branch, 1st mortgage, gold, land grant
Cairo, Ark. & Texas, 1st mort., gold, coup, or reg.
Cairo & Fulton. Isr mort.. troUi. on roud Jtnd land.
Cons. M. gold
(3. f.
—
Pittsburg, Fort Wayiu <& Chicago. This company
having previously earned a surplus above 10 per cent
dividends, was leased July 186
for 999 years, to
Peniieylvaiiia PiSilroad, at a rental equivalent to interest, sinking fund of debt, and 7 per cent on $19.714,3iJt» stock, whi' h was increased at that time from
$11,500,000. The lease was transferred sabsequently
to the Pennsylvania Cf^mpany. The lessees to keep
the road in repair, and also pav t.'ixes, expenses,
etc. Pittsburg, Port Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Company.
New stock of $4,103,01)0, issued to Penn.
Railroad for improvements, Ac., is nnder article l(i
of lease; guaranty on old stock not affected. Net
1.
earnings, IBIS, ga.iW.S'JS.
(V. SO, p.
425.)
tt Charleston.—Ot these bonds
the Pennsylvania Railmad owns $500,000.
Pittsburg Virsilma
PUIsburg Washington dk Ballimore.— This was formerly Pittsburg & Connellsville. Interest was in
default to city of Baltimore, which owned a large
amount of the bonds, an^ a ransfer was made May,
1875, to Baltimore A Ohio RR. fur $1,010,1100. (V.
1
18, p. S28;
V.
10, p.
IV;
Y. aO, p. 291, &16; V. 21, p.
161.)
Plymmfi, Kankakee
V.
^
19, p. I'M;
V.
<6 PjiAflc.—ln foeclosnre.
SJ, p. 314, 491; V. 21, p. 37«.)
Fort Huron <t Like Michijanr—Thm forms part of
the Chicago & Lake Huron consolidation, with Peninsular of Miclugan. Interest was in default Nov.,
J873. and coupons funded for three yi'.^.rs.
(V. 18, p.
192.253, 376, 155, 6C8; Y. 20, p. 35T; V. 23, p. 375.)
Portland it Oqiembutg.—Ihe two d "i-iions were
consolidated March 1875 as one company, and a
mortgage of $8,000,000 on whole line proposed. In
March, 18T6, Co. passed the interest on Portland
rity bonds. (V. 21, p. 130, 396, 613; V. 22, p. 183; V.
2, p.
3C4,
Portland
4 8.)
<t
1,000
1,000
100
100 Ac.
500 Ac.
1,000
1,000
100
100
100 Ac.
100 Ac.
100 Ac.
500 Ac.
100 Ac.
100
100
1,000
500 Ac.
1,000
1,000
500
Ac.
1,000
100
1867
1872
1874
1870
1872
1S70
1,000
1,000
1,000
1,000
1,000
1,000
31, isr:-, fsSjOSii.
7
A.
6
3
J.
1,500,000
7,000,000
1,925,000
4,000,000
508,486
157,800
1,768,500
1,092,000
500,000
500,000
67,778
299,917
295,500
175,000
50,000
9,000,000
3,147,600
799,900
1,200,500
1,000,000
3,000,000
2,479,700
4,168,700
500,000
500,000
1,192,000
1,500,000
5,500,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
19,479,653
4,009,000
6,000,000
1,017,000
2,500,000
1,500,000
8.000.000
"4"
Royal.— The Georgia
Railroad
A
J. A
J. A
M. A
M.
6'
6
6
6-70 A.
6g.
A
6
.T.
V.
— This
road
A
is
O.
New York or Richmond
J.
Loudon
Richmond, Office.
do
Richmond,
O.
A.
Office.
New York and
Farm.
do
do
do
do
J. N. Y.,
S.
D.
J.
O.
London.
L.
A
T.
Co
do
do
do
do
Boston, Treasurer.
A.
N.
do
do
do
8.
N.
A. N. Y., London
A.
do
do
do
do
1880
Jan.
,
1, 181
1875 to
'!
1888
1875
1875
1881
1880 to '8
Aug!," 191
July 15, Ig
Sept. 1, 18
Dec. 1, 18(
Jan. 1, IS
July 1, 19
Feb.
-JlViS'
May
1, 18(
Sept. 1, 18
Nov.
A
Frank.
do
1,
19
Aug., isg
May
15, IS
6,"
is
.^
,1.
Rockford, Rock Island it St. Louis.— Bold in ffli
closure August 16, 1875. for $1,330,000. $5,000,0ar
the bonds had a priority. Distribution after saU
22, p. 135.
(V. 21, p. 87,
319, 39», 458, 489;
guarantees
V.
110, 160, 186. 2U7, 23lJ
""'
23, p. 135, 182, 8i0, 375,
(V. 20,
m
Ronu, Watertown
—
<t
Ogdensburg —The
last repffll
V. 22, p.
, shows
gross earnings in 1878
$1,167,824; expenses, $885,585; net earnings, $282,3.'
operated and
Reading Railroad.
Ren^silatr <t Simi^iffa.— Leased May 1, 1371, to
Delaware & Hudson Canal Compar.y, which pays interest on bonds and 8 per cent on stock.
In la72-3
the net surplus to lessee was $201,591. (V. 20, p. 244.)
& DanmUe.— Gross
J.
July
c6
Richmond
Richmond, Office.
do
N.Y., City Nat. Bank.
do
do
J
N.
A.
Lehigh.— This was the Berl^s County
road; sold out, and leised to Philadelphia A Reading, March, 18r5, for 99 years.
(V. 3J, p. 63, 267.)
Reading
18!
18'
J.
59U.)
ColumMa.
1
July 1, 181
Mch. 1, 18
June, 188
A
N. Y., Office 12 Wall st.
1894
A
do
1894
do
F. A
1894
do
do
M. A
1894
do
do
M. &
do
1894
do
7
M.
&
do
1880
10
do
New York office.
3
Feb. 15, If
F.
A
N.Y.,Ottico
20Na6Bau st Aug. 1, 18
7
May 1,18
7 g. M A N New York or London.
do
April 1, 11
7 g. A. A
do
A I) New York, Co.'s Office, June 1, 18
7g.
do
do
7g. J. A I)
Jime 1, 18
7 g. J. A J
do
do
Jan. 1, 1891
7
7
7
7
Providence £ Worcester.—'^flet earnings year ending September 30, 187.5, $230,278; floating debt,
&
,
1,
Y., Nat. B'k Com'rce. Jan. 1, 18
N. N.Y., Del.A H.Caual Co.
Nov., 192
"3"
setts.
Reading
Dec.
Jan.
A
F. A
!«•
J. A
M. A
7
J. A
7
7
J. A
A. A
7
"siss F. A
M. A
7
M. A
8
M. A
8
F. A
8g. F. A
_
controlled by the Philadelphia
Floating debt, $ ,093,494.
1, 18
1, 181
Nov.
July 15; 18
A
A
21, p. 73.)
(V. 21, p.
New York and Loudon.
J Best., Eastern RR. Co.
do
do
J
Providence, Office.
J
do
do
S, N. Y., Union Nat. Bank.
D. Columbia, First Nat.B'k
A.
Portsmouth, Oreat Falls A Conway.— Ownei in
1872, and is leased by Eastern Railroad, Massachu-
Sl,37t),UvO.
1, 181
Sept. 1, 181
D.
7
I
Oct.
Jan.
Office.
N.
Various'
7
8
8
do
do
Boston,
J.
1^-
$500,000 of these bonds; balance in default.
p. 291, 453;
do
do
O.
a' J. N.
J.
7
Portland, Saco <fc Portsmovth-l.easci Mar.;h 18,
1871, to Eastern Mass. Railroad for 09 years at 10
per cent per annum; modified Dec, 1375. to 6 per
cent for two years. (V. 21, p. 372, 43), 592.)
Pi.rt
A
Various
A
M. A
I'- J. A
J. A
6
J. A
4
J. A
6
M. A
7
J. A
7
350,000
1,000
1874-5
$923,05; ; net, :$323,447. This company leases the
North Larolina Railroad and the Piedmont Railroad,
earnings
and forms a through route wit^ the Atlanta A Richmond Air-Line. The Penn. llaiiroad owned $600,000
stock of the Richmond A Deaville. and took $1,000,OCO of the new bonds at 80. (V. 20, p. 8, 2J;, 56S
V. n, p. 614; V. 22, p. 18 3.)
&
—
Gross
Potomac.
earnings, $382,298; expenses, $180,049; net earnings,
Rlohmoni, Fredericksburg
$2..2,24^.
(V. 21, p.
Richmond
c6
618.)
and
is
in progress to Niagara.
(V. 19, p. 169;
311; V. 21, p. 412; V. 23, p 493.)
'
20, p. 8, 163,
Rutland.— Leasei Jannary, 1871, to the Verm"
Terms modified in July. 1S74. Defau
rental, and leise again modified. (V. 19,
Central.
made on
120; V. 20, p. 186; V. 21, p.
185,
Denver City.
foreclosure Nov. 4 and 5.
— The
St.
Joseph
<t
412, .505; V. 22, p. 234,
2!j7,
1675.
416.)
190;
V.2J, p.2Ji
roai was sold
(V. 21, p. 40, 41
St. Louis, Alton
Terre Haute to E.
it Terre Haute.— T\ie main liur
St. Lotus— w..s leased June, 1S(
for 90 years, to Indianapolis
St. Louia at 30 Pi
cent of gross earnings up to $J,0uO,O(0 (but in ij
year to be less than JWI'.OCO). In ls75 gross eai
ings were $1,019,837, against $1,3.';4.136
]»;i.
187i the company paid three years' divulonds
preferred stock in the same, increasina sain *ock
$4;8,4t;0.
The Belleville Branch and Eslensi
earned net in 1S75. $10:i,661. (V. 20, IJ. 380,5
571; V. 21, p.. 64; V. 23, p. 351.)
&
i
m
Bouds
snduig Sept. 30, 1876, $161,935; not, $78,231.
is the old York & CnmNet earnings year ending due and not presented, $93,500; bonds paid
$50,503.
(V. 22, p. 15.)
Si. Louis, Iron Mountain
c6 Soutriei-n.—Cn
cauiinss, 1875, S.3,8j2,941; net, $1,613,921.
solidiition was made in 1874 with Cairo & Fult
and Cairo, Arkansas A Texas. In March, 1876,
company is-^ned a proposal to fuud th'ce coup<
on all bonds except the old lirsts, which has In
ially carried out.
(V. SO, p. 211, 616; V.
C
1
Petersburg.— Gross earnings year
off.
i
I
The Lake- Ontario Shore Road has been con^o
dated with the Rome, Watertown & Ogdensbur
;
Rochester— This
erland sold out in 1S65.
August
1871
"ibo
1,000
1855
1861
1872
1874
120
120
120
112
170
266
New general
100 Ac.
1,000
1876
1875
1868
360
120
Equipment mortgage bonds
do
do
1870
1862
1864
1873
2H1
218
97
190
190
<£• 0^(7c)is6urff— Stock
1st sinking fund inoit., Wat. & R
1,000
1874
"23
350,000
450,000
1,500,000
2,500,000
770,000
486,000
2,000,000
500,000
650,000
100
500 Ac.
100
100
142
49
29
—
<£•
500 Ac.
500 Ac.
100
22, p. 209,
33
'.)
.
May
.
RAILROAD STOCKS AND BONDS.
27, 1876.]
ZZTU
Sabserlbera will confer a areat faror by Kirlns Immediate notler of anr error dUeoTered la tkeee Taklfa.
DESCRIPTION.
ooliinin headiufffi, &c., see uot«s
Forexptauatton of
at tUe lirad of
tli-st
page of
Kavsaa Oih/ rf A'.— Stock ($12,000,000 pref.)
\»t inuitKaKC (North Missouri)
R<'alc«tatP and railway niort. (for $.3,000,000)
l>enrer Ist niort., ^oW
SI. Louin, Lawmirf
JSI. LiiiiiK it SiiiiUinmivm—lni m., Kold. coiiv.s. fund
(:oiisuIi<lati'<l inort^A^n, Kold. sinking finid
Kvaiis\ lilts Hcndiu-son <fe Nashvillo, 1st niort.
St. LoiiiK, Vanilalia <<: In-re lliiiile—lnt lu. 8. f. guar.
Sdnioit., sink, fiiml ($l,r.()0,o<)0 gimr.)
SI. Paid d i'orirff— linuirli, Ist nioit.,on 10 miles..
1st niortgagK, St. Taiii to .Sunk Kaiids, 80 miles.
2d inort. on HOni. and Ist on 1. gr. of HOT, 200 uers
1st niort., West or main line, land grant
2d inort.. West or main line, land gi'ant
—
& Pacitli' land grunt
Simix Cily—Prot. stock, vailoug Issues..
Ist mort, St. Paul
SI.
Fmil
<£•
Stock
Siierameiito Valley, (C'al.)—lKt mortgage
Sttixhiski/, Mung/leM it JV«ifarfc—Stock
1st niort., new
Saraniiiili <* Charleston— C. & S., guar,
Fnnilcil int. bonds, 8.
C. RK., guar,
1st iiiiirt. Savannah
Charleston
&
Savniniiih
of
by 8. C
by 9. Car...
5S2
351
210
420
1.58
l.-iS
—
if:
2.'50
207
370
121
121
4a
116
116
I'd
grant
'
—
I
Southern Central {X. I".)— 1st mortgage
2d niort. gold ($400,000 end. by I^ehigh V. RR.)..
d- Cellar Rapids— 1st mort., gold
Southern Minnesota Ist mortgage
SoHflirrn, Iowa
—
2d mortgage
—
—
Sprint/rieUI, Alhot
Mountain
Sterlin//
d
(.V. 1'.)
Stockton d- Copperopolis—lut mort. (guar,
Syraeime, liinghamton d N. r.—Stock
l8t mortgage
2d mortg.age
Syracuse Korlhem. Ist mortgage
Stimtnit Branch (Pa.)—.Stock
SuJtbury iC- Lewislon—\nt mortgage, gold.
Xerre Haute d- Indianapolis—Stod
Ist mortgage
Bonds ot 1873 (for $1,600,000)
by
C. P.)
St. Louin, Kansas City <!: Northern.— Ma]t the s'ock
10 per cent yearly, but not cumulative.
Gross earnings in 1874, $a,405,tC)0; net. $681,027.
(V. 19, p. ino, *48; V. 80, p. 475, 571; V. 21, p. 160.)
St. Louis, Lawrence & Denver.
Leased to Pacific
of Mo. .\ decision of much interest to bondholders
of lenwerl roads was rendered by Judsje Dillon in a
*nit against the lessee for intere^^t, but that suit was
discontinncfl, and another brought in name of Trustees.
(V. 1!>, p. 377; V. ill, p. 3?2.>
St. Lo'iis (fe Southeastern.
In default and in hands
of receiver. See report at length in V. 82, p. 180.
—
—
V.
22. p. 88. 180.)
St. Loms, Vanilalia d Terre Jlaute.-Tlhe com.
stock is $-'.378,4.'K), pref. $I,4.51,7iO. This road is
leased to Tcrrc Haute & Indianapolis at 35 per cent
of gross earnings.
Bonds guaranteed by Terre
Haure
&
Indiana
Indianapolis, by Columbus, Chicag.) &
Central, and Pittsburg, Cincinnati Si St.
Louis. (V. 18, p. 681.)
at Paul dk Paci/tc.— The bonds arc nearly all held
abroad, and an agreement for re-oriranizaf ion was
made liy Dutch bondholders Nov., 187.5. (V. 21, p.
186,
24.1.
142;
V.
S2, p. 88,
IW,
209, 2S1.)
S'.oux City.— T\)i& company has a land
grant cif 7U;<.436 acres.
The s oclcs are secured by
liens, there being no bonds i|sued.
(V. 11), p. 191;
V. 20, p. 544, 516; V. 23, p.
St Paul
ffc
An.)
Sacran,ento IWey.— Bonds fell due July 1. 1875,
andSp.c. notes Offered in payment. (V.21,p. 15,159.)
Sandusky, Marnfield * Al'wart.— This road is one
Of the Baltimore & Ohio sy..^tem
it is leased to the
Central Ohio, and tlic lease guaranteed by Baltimore
;
& Ohio.
(V. 19. p. 584.)
—
Savannah «ft Charleston. ''nterest in default. Road
In hands of State Comptroller. (V. 20, p. 453, 491;
V. 21,p. l(i.)
Saeannah d- Memphis. The road was in progress,
but becime embarrassed after the crisis of 1873, and
passed interest.
fundiug proposition was offered.
—
A
<\
19, p. -Am.)
Schw/lkl'l VijJky.— I-eased to Philadelphia
ing, with 10 per cent divideads
&
l'865
1868
1871
1871
1871
7
6
1,200,000
3,000,000
0,000.000
15,000,000
1,576,000
400,000
Read-
/<</ii</«— Prlnet.
When Dn*.
Sl»ekt—ljtt
pnl.
In
Wlium.
dividend.
183
183
57
57
69
116
116
87
170
7
605,000
111,800
600,000
16,000 p. ni.
576,050
1,278,400
210,000
10,000 p. m.
16,000 p. m.
838,500
241.000
3,000,000
6
1,000
I'.oiio
1,000
600
&c.
1,000
500 &.C.
100
100 ic.
500 d-c.
500 A-c.
1,000
1,000
500 Ac.
100
1,000
1,000
1,000
1,000
50
g.
2>9
4
7
8
8
7
8
7
3
1.994,000
750,000
694,000
795,000
1,000.000
200,000
1,629,000
1,628,020
7
7
6
.
500,000
7
g-
1,240,000
8
460,000
7
g.
8
7
4
7
6
5,819,275
1,483,777
5g.
959,500
917,000
1,096,500
64,000
7
7
A.
A.
6
J.
J.
CI.-F.
1
J.
J.
6
.391,000
8 g.
5,355,000
750,000
1,500,000
6g.
7
7
7
M.
M.
1,500,000
600,000
1,.500,000
3,340,000
7
F.
1,2.52,000
7
14,346,000
6
025,CK)0
7
3,892,300
399,000
300,000
416,000
350,000
500,000
2,000,400
1.400,000
270,000
500,000
4,125,000
1,200,000
M.
M.
7g. M.
7g. M.
A.
J.
J.
g.
g.
34
7
7
7
7
5
1,000
800,000
800,000
7
7
gg.
—
&
—
Valley it PotlsrtlU.— Limed Febrnary,
IB&i. to North. Cent, at 7 p.c. on bonds and 6 on stock.
This is one of the
Sheboygan dt Fond du
Wipconsfn roads in progress in 1873 which went to
dcfanlt.
fundins; plan has been offered.
Slienango it Al'egham/. This is one of the lea«ed
lines of the Atlantic &, Great Western, on which
The net earn"rental trust bonds " were issued.
ings lS7:j were $86,^61.
New Ilaven
Shore ii;w.— leased to New York
at $100,000 per year. Old stock was exchanged for
new in July, 18i3.
Sioux City <t rariftc- This is one of the United
States Goveinment subsidised roads. For year end-
A
&
A
&
&
A
&
A
A
A
A
A
A
A
A
A
A
&
IMine
18'J2
Charleston, S.W.ER.B'k
London.
Now York.
do
J.
J.
0.
O.
Charleston.
J.
J.
N. Y., Drexcl, M.
N.
8.
do
London, Baring Bros.
N. Y., Gallatin Nat. B'k
Mar.
do
do
N.
N.
A.
N. Y.,
'
18, p. «:J2.)
Scmthern of Long Island. ^ThXs la succ-ssorof
South Side, and operated with Flushing N. Shore &
There aie also
Central under one management.
$60,000 6 p. c. mortg. bonds on RTicknway Branch,
and $64)300 7 p. •. on Scuthcrn Ucmpstcad Branch.
VennUye A
du
8.
1,
I,
May
do
do
Nov.
Aug.
Mar.
Co.
do
May
1,
1,
1,
1,
N.
O. N. Y., P. M. Myers
1887
1900
1879
1899
1882
190O
J.
J.
8.
Boston, Eliot Nat.
Bank July
New York.
N. Y., Central Paeiflc.
1, '8310*93
1885
Jan., 1005
N.Y.,D. L.&W.RR.CO.
do
do
do
do
N.Y.,Farmers'L.A T.Co.
Philadelphia & Boston
Deo. 15, 1875
N.Y.,Farmers'L.& T.Co,
do
do
Jan
Oct.
1,
1876
June, 1887
July 1, 1901
Feb. 16, 1876
24,
1876
July, 1879
(V. 30, p. 68, 291,
871;^.
81, p. 78.)
$1,9;)0,951 gold, ann net earninics. $730.4>il gold.
(V. 21, p. 160, 231, 61 1 ; V. 22, p. 281, S75.)
were
—
ing June 30, 1S74, gross earnings were 319,8!9, and
net earnings J56,l 15. Pays 7 p. con pref. stock,
$169,801, senii-annuillv, A. & O. (V. 20, p. 8.)
SioiLC City ctSI. P.iul.—Ttii-Te are also $485,001 2d
mort. bonds and JUiO.OiX) enuipinant. Net earnings
(V. 18,
in 1«74 were $89,.3(i3. Lands, i.2!l,a32 acres.
p. 627; V. 19, p. 191; V. 20, p. .544.)
507ners«/.—This road is leased to Maine Central.
Sofi'A Carolina.— Gro'S eaminirs in 187S, $1,J':9,302; operating expenses, $780,717; net caminys.
$448,.57l (a decrease of $96,881 from 1874.) Annual
report in V. 2i, p. 398.
South (t North A'nb ima.— This road is leaded and
operated by the Louisville & Nashville, which guarantees the bonds. Preferred stock, $1,500,000. (V.
April, 1801
1880 41892
1, 1890
Jan.
Southern Pac'fic (Ca'.)—This road Is in progress;
built by a Construction Co., anil controlled by
Central Paciftc parties. The stock Is $:2,4I2.300.
In 1874-.5. on Inl miles operate, the gross earnings
iac—
&
June, 1891
May, 1871
1882 to '88
1882 to '88
Oct. 1. 1902
A Co.
1,790,000 acres.
Shamokin
A
1,
Southern CenfriL—Vorma an extension into New
York State for Lehigh Valley, which company cndor es $400,000 of second mortgage bonds.
South Iowa <t CerfariJopWo.— In progress. Ottnmwa to Cedar Kapids, la.
Southern Minnesota.— .K foreclosure was agreed
upon by mortgage bondholders. Land grant is about
—
Seinn
1,
I,
May
1893
Sealioarii it Roanoke. Net earnings year ending
Report V. 21, p 2T6.
1, 1875, $181,152.
cfe Gu(/.
"The proposed line was Selma to
Pollard, lOO miles. Interest in default.
Sdma, Marioi it .I/f»i/)Ai«.— Defaulted 1872. Receiver, May, 18T8.
(V. 19, p. .>,«(>; V. 2i, p. 4-S7.),
Selma, Pome dk Dalton. Tliis was formerly the
Alabama
Tennessee River. Interest in defsult
and road to be sold. (V. 19, p. 40.)
MRrch
July
Jan.
1W»7
1897
1898
1892
do
do
N. Y., Manhattan Co.
N. Y., Drexel. M. & Co.
do
do
London.
do
A J.
& J.
A J.
Dec.
A. A O.
J. & D.
J. & J.
F. A A.
J. A J.
A. A 0.
3
7
1,9S8,1.50
Nov', 1894
Aug., 1002
do
do
N. Y., Third Nat. Bank.
J.
J.
J.
5
"so
1, l8ftS
1. 1904
A Co
1878 to '83
do
do
1890
N.Y., C.P.Huntington. April 1, 1905
M.
Mar. 1, 1900
D. Savannah, Cent. BR. Oa Dee. 30, 1875
J.
Various
Mavon.
1886
Various
1872 to "76
8
4
7
7
7
July
Bapt.
1873 tu '76
869,4.50
.500,000
du
do
Bk nf (;unrrne
Opdyku A to
J.
J.
7
7
8
N.Y., Nut
N. Y., (1.
A J.
A J. N. Y., E. Kelly A Co. July V,"l875
1st N. bk., Sandusky, O
April 1, 1875
J. A J. N. Y., Union Tnist <'o.
July, 19U2
M. A 8. Charleston, 1st Nut. Bk. March 1, 1877
New Yerk.
M. A 8.
Hi^pt. 1, 1899
J. A J.
do
Jan. 1, 1889
M. AN. N.Y., Lnneaster,B.A Co. May 1, 1890
Philadelphia, OOlce.
J. A J.
Jan., 1870
M. A N.
May 1, 1878
J. A J. N. Y.,Imp. ATrnd. Bk.
1880
A. A O. N.Y.,R<Hldey, BellACo.
Jan. I, 1890
M. A B. N. Y., H. Clews A Co. Sei>t. 1, 1880
New York Offlce.
J. A J.
Jan. 1, 1872
J. A J.
do
do
Jan. I, 1864
do
A. A O.
do
Apr. 1, 1887
F. A A. PhtladeIphla,Trea8urer.
Feb., 1876
do
J. A J.
do
July, 1901
J. A D. N. Y. City Nut. Bank.
June, 1884
A. A 0.
do
do
Oct., 1800
A. A O. N.Y., N.Bk.ofCom'ree. Apr. 1.1889
J. A J. N. H., Nat. N. H. Bank
Jan.. 1870
M. A S.
do
do
Sept. 1, 1880
J. A J.
N. Y., N. Park Bank.
Jan. 1, 1898
B.
Treas.,
J. A J. U.
at maturity Jan. 1, 1898
M. A N. N.Y., Metropol. N. B'k.
M. &N.
do
do
Nov., 1901
8
2
1865
1875
1875
1869
1873
10
1,037,553
100 Ac.
1807
1871
7g.
7g.
7g.
2,306,,500
48»a 1871
18.56
7
7
50
ibo
7
30
8
1,000
i"j. N.Y., NatBkof Om'rce
do
do
H.& 8.
M. i N.
F. dc A.
J. & J.
J. i J.
M. & N.
M.&. a.
J. A J.
J. A D.
M. A N.
M. &M.
7
7
10
500
100 &e,
500
J.
g.
7g.
7«7
400,000
18«8 Various
1868
500
1872
1866
500
1868
100
1870
1,000
1873
1807 50() ic.
1870 500 *c.
1874 500 Ac.
1869
1.000
1872 100 Ac.
1870
1868
1,000
1868
1,000
1870 500 &c.
"so
73
da pref.,
21, p. 137, 418, 442;
1871
1864
1871
1869
81
81
81
45
20
—
<V.
"i'
.
— 1st mortgage
— 1st mortgage
E.
JV.
Payable
Cent.
1,020,000
3,250,000
21,000 p.m.
1,000,000
1,809,000
2,600,000
120,000
50
170
386
24
257
Sonlltenil'aeitlc (Cul.) 1st mortgage, gold
Southern I'en'nsyhania — 1st mortgage, gold
SonUtwi'.'ifern {(la.) Stock, guaruut'd 7 per annum.
Conipiniy bonds, convertible into stock at par
Musrogce RR, bonds, convertible at ST^a
INTERK8T OH DIVIDEKDH.
When Where Payable, and
iNjr
1,2.50,000
iix)
—
L.
1869
1853
1868
1860
1870
1870
1869
242
242
242
Domcstii' lionds (K)
So. d- No. A lahama 1st mort., endorsed by Alabama
Sterling mortgage, guaranteed by I,. »fc N
Smithcm of Long islatul 1st mortgage (B. Side) ...
2d mortgage .S. Side (l.st mortg. s. fund)
Southern of
i.wio
.50
124
.
lionils
1895
100
i'22
2d mortgage (for .$3,000,000)
Domestic bonds (1)
Mortgage
100
32
50
50
105
—
.
1871
40
—
Shore Line (Conn.)— Stock
Ist mortgage, eonstmction bonds
Simtx City i£ Vaeiylc 1 st mortgage
2d mortgage (govpmnient sulisiily)
BUntx Cily d- St. i'a«(— 1st mortgage, gold,
Ist mortgage, currency for $2,l00,()00
Somerset—X^t mortgage, gold
South Carolina— Htopi
1st mortgage, sterling loan
do
dollar bonds, (L)
•1868
"28
28
45
Sheboj/i/an <* rnnrl ilu /.ac— Ist mortgage
Ist mortgage extension
Shenatiffo it AUeghany Ist mortgage
Kate
6,000.000
700,000
40
50
100
100
2d mort., Alabama & Tennessee RR
Gciicr.il mortgage for $.1,000,000
I'ottscllle Stock
1st nii^rtgagc, gold, on road and lands
1,000
1862
1804
23
80
—
1,(K)0
1,(K)0
10
80
80
Seahnttr<l it
1st mortgage
Sfiamokin Valley
1,<><J0
600 Ac
40
Selma rf- (iHif—lHt mort., guaranteed by Alabama..
Selma, Marion it- ifemphis—l at mort., end. by Ala..
Selma, liomeit Dalton 1st mortgage
1,000
1,000
1872
1807
1807
1808
ioi
— 1st mort., end. by State
Valleu—Htock
Koanoke—Stock
Amount
Value. Outstanding
6tK7i
08
101
RR
Size, or
I'ar
$100 $24,000,000
1865
1874
3.'>4
Jlempliis
if-
Scliu!/ll;lll
&
Date
of
Koad. Bonds
taliln».
St. L.,
ff-.
Miles
!
Southern Pennsylvania.—TYnn Is a mining and lailroad company, re-organized in 1872 after foreclosure
nnder second mortgage. The road is leased by the
Cumberland Valley.
Southwslern <?«»'gia.— Leased to Ccntr.il Georgia,
Dividends 8 per cent a year to every 10 per cent en
Central Georgia stock, but 7 per year is guaranteed.
Sirrinqfeld. AlhM <^ Xorlheastern-^'SKt earnings,
1874-5, $:J7,408. (V. 21, p. 590.)
.Sler't"'! i'ountain— Cent nt road aad equipment,
7 ret earuiUTS 872-.3. $15,673.
Stockton it Copper -no i.<.— Defaulted July. ISM.
and old bonds of $1,000,000 exchanged for presettt.
(V. 21, p. 139, 160, 316.)
Operated by
Si/racuse. Binohamfn <* yen Tork.
W. Dividend in 1875. 4 per cent.
Del.
$502,468.
—
L&
Sifraeuse iVbrf-terfl.— Sold in foreclosure July, 18T5,
under a 3d mortgage and bought for R. W. AOg. (V.
21, p.
16i).
319.)
Summit nrancA.—This is a coal road, and leases
Lykcns Valley. Net earnings in 1875, $4i)8,84l>
Sunbury it L^wislon.— Soli March, 1976. (V. tt,
p. Hi, 111, 234,237, 297,
4t8)
Terre Ilaut^t IndlanapoHs.—Kimiiii report In V.
t>. 4<tS. 'Net earnings in
1874, $380,0)0, igalut
$2ae,182 in 1873.
20.
.
RAILROAD Stocks and bonds.
CTin
Subieribera
[May
27, 187(}.
a great DtTor by sItIok Immediate notice ol aay error dUeoTered In tbeee Tables.
IiOH(/»— Princi
INTEREST OR DIVIDENDS.
pal. When Due.
Miles Date Size, or
Amoimt
Rate pel When Where Payable, and by Stocks— hast
column beadlnge, &.o., see notes
of
of
Par Outstanding
ivlll eonftor
DESCRIPTION.
For explanation
of
at the bead of
first
page
Road. Bonds. Value.
of tables.
324
Texas it raeiflc—1 st mortRage, gold
2d mortgage, consolidated, gold
Toledo, I'eoria <t Warsaw Stock
—
Ist preferred
2d preferred
1st mortgage (W. I)iv.)
Ist mortgufre (t. Div.)
2d mortgage (W. I>iv.) convertible
Cousoliilatotl inortgHge (for $6,200,000)
1st mortgage (Burlington Uiv.)
Toledo, Tiffin if A'dx/.— 1st mortgage
ToUdo, Mubttsh tf- Western Stock
Prtlcrred stock (7 per cent yearly, cumulative)
1st mortgage (Toledo & IlliuolH)
Igt mortgage (Lake Kric, Wabash & St. Louis)..
Ist mortgage (Great Western of 1859)
Ist mortgage (Quiney & Toledo)
Ist mortgage (Illinois & Soutlieru Iowa)
.•.
2d mortgage (Toledo & Wabash)
"ioo
100
100
1,000
1,000
1,000
1,000
1,000
110^ 1864
ll«i2 1866
227
10
24
628
"75
167
177
29
27
75
167
180
242
525
628
109
43
43
82
37
35
Consol. mort., (on all except St. L. Div.) convert'e
2d consolidated mortgage, gold
1st mortgage. (Decatur »fc East St. Louis)
& Naples— Ist mortgage
do
2d
do
Lafayette, Bloomington, & Miss.— 1st mort
Lafayette, Muiicie & Bloomiugtou, iBt mortgage
Hannibal
do
i?os(o7i— Stock
<f-
$1,000
IIOI2 1866
2d mortgage (Wabash & Western)
2d mortgage ((ircut Western of 1859)
Equipment l:oiid» (T. & W.)
Troy
1872
247
247
247
l«t mortgage, consolidated
35
1870
1871
1872
ioo
100
1853
1853
1805
1865
1862
1858
1858
1859
1863
1867
1873
1869
1868
1870
1871
1871
1,000
1,000
1,000
1,000
1,000
250 &c.
100 Ac.
1,000
100
&c.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100
1874
1,000
Convertible bonds
500 &c
"ijig
Troy rnion— Ist mortgage, guaranteed, Troy City.
Tuekerton— lit mortgiige
29 1871 500 &c,
Union i'oci/ic— Stock
1,038
100
Ist mortgage, gold, on road and equipment
1,038 1866-9
1,000
do
(government subsidy)
2d
1,000
do
on road (2(1 on laud), sinking fimd 1,038 1874
3d
Land grant liouds on 1 2,000,000 acres
1867-9
1,000
Omaha bridge bonds, sterling, £500,000
1871
£200
Union I'aci/ic, Central Branch — 1st mort., gold
100 1866
1,000
2d mortgage (giiveriiuicnt subsidy)
100 '66-7-8 1,000
Vnited N. J. It It.
VuniU C'ompoHics— Stock
100
General uiortgage, coupon
1871
1,000
United Oo.'s mortgage, sinking fund, registered
1871
do
Bterliiig loan mortgage, sinking fund
1871
do
do
do
do
do
1871
do
dollar loan, mortgage
1871
do
bond to State of New Jersey
1871
do
do
s.
fd. (i8138,500).
1,000
100
1,770,7-20
1,000
200,000
907,000
1,500,000
1834-';
do
confol. mort. (siuk'gfund after 1880)
., 2d loan (now 1st), plain
do 3d loan due State of N.J
1862
1868
1868
3612 1870
75
75 1868
1871
07 1872
1873
N.J.KR.&T.C
do
XTtah Ven tral—l st mortgage, gold
17Kca <£ lilack A'ticr— Stock
Ist mortgage bonds of July, 1868
Mortgage bonds, 2d issue
Vtica, Ithaca d; Kbitira Ist mortgage, sterling.
^
—
ralley(Va.)
..
—
1871
1871
1866
1866
."
Equipment htans
Btanstca d,
8.
&
18(>(i-9
[
C'hambly bonds
'.
Income and extension bonds
Ticluiburg
1
2d
3d
<£•
(to pay float'g debt).
Jf cii(/i((H— 1st series (red endorsed)
140
140
140
140
endorsed)
(black endorsed)
series (bine
do
4th do (not cnd(n"sed)
Special loan, funding mox'tgage
Yermont <£ .l/oss((cAi(stW«- Stock
1st mortgage (si nking fund $7,000 per year)
Texas
77
80
do
c*
trustees.
Toled ; Wabaeh <ft TFcsftni.— Operations for four
years compared as follows
:
Gross
earnings.
Operating
expenses.
ISrg
$I),7:S8,807
$4,4i7,378
l«r,i
0,016.978
4,36.5,144
$1,331,439
l,ol3,834
IfCl
ISTO
,5,7.36,666
3,776,833
3,336,265
1,959,&3S
1,308,376
4,514,641
Net
earnintrs.
1, '75, defnnit was made on interest and a f iinfUng
proposition offered, but not accepted.
Mr. J. D.
Cox, the President, was appointed receiver Feb. S3,
To be sold under consolidnted mortgage
1875.
Feb.
June 10, 1876. (V. 31, p. 16, 64. 186, 26'l, a2l, 34*1,
490, 604, 613; V. 32, p. 68, 183, 200, 834, 305, 344, 375,
Bistort.—V/'xth leased roiids foi-ms a line
from Tioy, N. Y., to North Adams, Mass. In 1S73 74
gross eaitiings were $53n,310; <.perating expenses,
5383.f79. Tliere are a few of old Ist and 3d mortgage bonds yet outs.anding.
dk
Troy Union.- A short r.oad in Troy city. Bonds
issued by city and guaranteed by several roads.
Tudcerlm.—YTom New jersey Southern Railroad
Vnl n
J.
1865
500
500
100
100
500
Ac,
&c.
&G.
&c.
&e.
ICK) &.e.
1,000
500 &c.
1,000
1,000
100 iic.
100 Ac.
100
100 Ac.
500
Net earnings
/'.TCi/fc.— Gross
1373, $7,759.
earnings in 1874wpie$10S5!>.(80; net eninings, $5,907,565; gross earnings in
were
and
$11,9)3.833,
net earnings $7,011,784.
ISai
3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
717,i>00
850,000
145,000
1,102,700
217,400
2,860,000
550,000
200,000
150,000
6
(5.
D.
New York & Philodclp'a
7
7
7
&
J. &
A. &
M.&
J. &
A. &
A.
D.
O.
N.
D.
O.
New York, Co.'s office,
Jan.,
F.
7
7
7
"312
7
M.
M.
7
7
7
7
g-
7
7
7
7
g.
4
7
7
6
7
2
J.
•&,
8
M.
7
8 g.
A.
A.
g.
M.
&
&
&
&
—
612;
\.
g-
'1
6g.
V. 23, p. 111).
do
do
U.S. Tieas., at maturity,
Boston,
New York and
do
O.
O. London, L.
N. N.
do
&
8. Fr. Bk,
Y., Company's Oflice,
operating expenses, $7,098,449; net, $3,936,039, leaving a loss to lessees of $31,161 after pem-ing interand dividends. Tlie loans dne in February, and
April 1875, were paid off and bonds of 1871 increased
by $2,300,000, issued in London.
est
In 1872-3
May
2,
June
1870
1896
1894
1886
191*
1,
1,
1901
April
Nov.
Aug.
Ang.
1,
1,
1,
1879
1890
1890
190a
1896 to 1899
1, 1894
1887
1896
May 1, 1895
Mch.
April,
U.S. Treas., at maturity, 1896, '97, '98
Phila. and N. Y. Otlices. April 10, 1876
S.
Philadelphia, OBice.
Mch. 1, 1901
do
O.
do
Oct. 1, 1894
&
&
&
&
&
S.
S.
London.
do
A.
Philadelphia.
»fe
A.
Due 90 days
F.
F.
Mch.
Mch.
I
demand.
Loudon.
.1.
itf.
,
Utica
1,
1,
1894
1894
Feb. 1, 1888
after
<fe
1880
1, 1878
1, 1889
Nov. 1, 1889
Ang. 1, 1878
Overdue.
Jan. 1, 1890
Dec, 1875
July, 1878
July, 1891
Jan. 1, 1902
Feb.
Jan,
June
July
Jan.
Nov.
1,
1.
1,
1,
1872
1891
1891
1886
1891
1876 to 1889.
Jan. 1, 1887
1902
Jan. 1, 1890
Jan.
Jan.
Jan.
Apr.
July
July
July
1,
1,
1,
1890
1890
1890
1880
7, 1876
1, 1883
1, 1879
1. 1885
Black Piver.— Gross receipts 1874-5,
expenses, $351,660; dividends disbursed,
<t
$.5' 8,397;
$106,149.
(V. 33, p.
207.)
Utica, Ithaca db ISmira.— The road was completed
November, IS75. The siaking fund is S30,0C0 yearly
from 1878. (V. 21, p. 16.)
Valley (Fo.).— This road was built chiefly by subscription of Bait. & Ohio KR., Baltimore city, and
Va. counties, but building was slopped for some
time under difficulties. wTiich were settled in October, 1875. (V. 19. p. 640; V. 20, p. 16, 453; Y. 21,
p. 396;
V.
22, p. 463.)
Vermont c& Canada.— Vnier lease to Vermont
Central, and proposed to be sold to same for $3,000,000 in 6 p. c. bonds; but still in litigation (V. 19, p.
40, 504;
V.
80, p. 16, 141, 419, 445, 468, 492;
V.
21, p»
442.)
Vermont Centra'.— In 1872 the Company went to
default on interest, and has since been in nnmeroufl
complications.
new corporation under the name
of Central Vermont has been formed, with $3.000, OOQ
paid-up capital, and assumed obligations of the old
Vermont Central.
Foreclosure in progress on
A
8d mortgage.
Delaware & Raritan Canal, and New.Tcrsev Railroad
form the United Companies of New Jersey. They
were leased to Pennsylvania Railroad. Oct 20, 1871",
at 10 per cent on stock and assumption of all liabilities. In 1874 the gro^s earnings were $10,':21,!88;
Utah Cenirat.—SM Lake to Ogdea.
8.
& A. Philadelphia Office.
6
J. & D.
Princeton. N. J.
M. & N. Pliiladclphia Office.
6
6
F. & A. N. Y., B'k of Commerce.
do
7
A. .t O.
do
Salt Lake City.
6g. J. & J.
3
Utica.
J. & D.
7
Utica and New York.
J. & J.
7
do
J.
J.
do
7g. J. & J. Loudon, U.S. King & Co.
Baltimore.
J. & D.iBoston, E. Blake & Co.
Boston.Nat.Bk.of Kedm
J. &
7
J. & J. Boston, Globe Nat. Bk,
M. & N. Boston,Nat.Bk of Kedm
7
do
7
J. & D.
do
M. & N.
do
8
do
J. & J.
do
do
7
& N.
do
8
do
J. & J. Phila
Girard Nat. B'k
7
do
7
J. & J.
do
7
I. & J. Phila., Girard Nat. B'k
A. & O.
do
do
7
do
8
J. &. J.
do
214
A. & O.
Boston, Office.
do
6
J. & J.
do
do
J. & J.
do
7
J. & J.
do
do
7
6
New Jersey Railroad & Canal Companies.
Camden & Amboy Railroad and braiiches.
net earnings were $306,358.
M.
M.
F.
7
do
1,
1,
1,
Q.— J.
M.
6
United
tic
J.
6
212
do
Feb.
Dec.
April
& A.
do
do
& N,
do
do
May, 1893
AN. N.Y., Metropolitan B'k, Nov. 1, 189»
F. & A
do
do
Aug. 1, 1882.
M. & N
do
do
Nov. 1, 1878
M. & N.
do
do
Nov. 1, 187»
M. & N,
do
do
May 1, 189a
M. & N
do
do
May, 1883
Q.-F.
N. Y., Office of Co.
Feb., 1907
F. & A.
Winslow, L. &, Co.
Feb., 1893F. & A
N.Y., Office of Co.
Aug., 1889M. & N
do
do
Nov. 1, 1888
do
J. & J
do
July, 1890
F. &A
do
do
Aug., 1901.
F. & A.
do
do
Aug., 1901
F. & A Troy, Company's Office
Feb. 1, 1876
J. & 3. N. Y., Nat. B'k of Com.
1894
M. & B
do
do
1882
A. & O. Phila., Safe Deposit Co, April 1, 1910
Q.— J. New York and Boston, April 1, 1876
F.
7
do
do
do
do
N. Y., Office of Co.
& A
F.
7
7
7
7
do
do
do
do
M.'&N.
7
Union Paafic Central B. oncA.— This was formerly
(he Atchison & Pika's Peak road. Interest in default ?iMce November. 1873. Gross earnings ]874-7,i,
$11.3,519; expenses, Sli;1.18?.
(V. 17, p. 588, 834; V.
8,314; V. 21, p.
Di\ideud.
&.
|
p
W'hom.
J.
1
SO,
Payable
Cg.
The percentage of operating expenses to gross
earnings was 41-54 per cent in )8;5 and 44-05 per
cent in 1874. Land sale.': in 187.5, 111,049 acres at
$3 66 per acre, or $401,463.
Total sales to Jan. 1,
1876, 1,088,893 acres for *5,.336,0I4.
Land notes and
contracts on hand, January 1, 1876, $3,0:8.601.
The suit to recover for Government transportation
was decided by the United States Supreme Court
ill favor of this company. Nov. 2:>,
1875, including he important ruling that interest on the Government loan is not ayable till the principal is
due in 1890-99.
Abstract of last report V. 22,
p. 2S7, and government report to June .30, 1875,
V. 21, p. 4B7.
The annual report gives nii
general balance sheet nor income account.
Dividends at
per cent per year were begun in Jnly,
and increased to 8 per cent October. 1;75. The
United States Attorney-General has a suit pending
for $1,010,056 against the company as 5 per cent
of its net earnings. (V. 20, p. 314, 358, 405, 4,53. 493,
523. .547, .586. i94: V. 31, p. 64, 105. C45. 30.>. 373, 467,
536; V. 33, p. Ill, 183, 814, 25 7, 400, 415, i7i.)
4'i5.)
to Tockerton, N.
3,0(K),000
1,000
Paeiflo.—A history of the company is
given in the annual report in C'hroniclc, V. 31, p.
229. Land grant bonds had been is-ued, bat new
arrangements were made with the construction company. Gross earnings, 1875 fi, $I,S'.8,4M; operating
expenses, $8.^4,918; net earnings, gBfiS.Sia. (V. 19
p. 397; V. 20, p 63; V. 81, p. 229, 324.)
TcUJo, Peoria & IFarsJw.— Interest in default
December, 1873.
Passed into receiver's hands
February, 18"4. Foreclosure suits commenced If75
(V. 21, p. 160, 3T2, 605, 69.', 614; V. S3, p. 159, 297.)
Toledo Tiffin <£ East.— la hands of mortgage
Troy
1867
1872
1866
1S66
1866
1860
1871
80
Convertible bonds
do
1,000
"73
<£ Canada
Stock
Bonds, guaranteed by Vonnout Central
Missisquoi Kaili-oad bonds
Vermanl Central— Ist mortgage, consolidated
2d mortgage, consolidated.
Ycrmont
$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
660,000
1,609,000
1,384,000
650.000
680,000
408,000
36,745,000
27,236,112
27,236,512
14,256,000
7,000,000
2,400,000
1,600,000
1 ,600,000
19,890,400
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
070,340
1,700,000
800,000
5,000,000
450,000
100,000
1,000,000
tC-
Joint Co. '8 nwirtgagc, sterl'g,
do
plain bonds
Cent.
(V.
493, 547 '5.4, 616;
110.)
V.
16, 141.
186. 314, 358,
20, p.
21, p. 38, 245, 418, 490; V. 23, pv
—
Vickstxtrg A Meridian. Net eaminus year ending March 1, 1875, were $130 ()69. Coupon." are paid
a per cent cash, balance scr.'p. Coupons of July,
1S74, and April, 1815, were passed.
(V. 30, p. S 1 1
V. 2!, p. 207.)
—
Vtrtnont efe ifassachttselts. This road is leased tothe Fitchburg IIR. Co. for 999 years, commencing
Jan. 1, 1S74; they paying interest on the debt and 4
per cent on the stock for the first two, years, 5 per
cent the next two years, and 6 per cent for the re;malnder of the lease, exclusive of all taxes.
\
..
.
May
.
RAILROAD AND CANAL STOCKS AND BONDS.
27, 187C.]
XXIX
8ub»rli»j » will coufor a sreac favor by kIvIuc IntinedUte notice of anr error daeovercd in Ibeae Table*.
DESCRIPTION.
Sattd*—PriaeiINTEREST OR DIVIDENDS.
Date Size, or
Wben Due.
Amonnt Rate per Wben Where Payable, and by pel,
For ezptaaatlon of columu lie:idlnK8, <bo., see notes Ill
ot
Par Oatatauding
Bloekt—lMUt
at tlio lioiul of Urst puge uf ti-blcH.
Bonds. Value.
Payable
Cent.
Whom.
Dividend.
WulkiU VaUey (X.Y.)—Ut mortgage
(y../.)— Stock
7.
iHt
18
giiaruntood
iiiortfc'iii'i!,
1871
1855
3.'5
ir<i;-;-eii
2<1 mmtf,'ii.ji;o
yrdnluiujtua
M
iBt ami
(Jit!/, ytt- ilitl- it
Gl.
SoitUiern—Btook.
& A. UK
ni()rt);iV),'0, O. & A. RR
4th mi«rl.^';i;,'C,. O. .t A. KU
Fuiidcd lutorcel, O. i A. KR
l8tiuoitj,'iigc, O., A.
M. KR
iiiortfc'ajfc,
;i(l
iiiort.,
Lyimlibiirij
Weslcheslcr
&
gold, Wasli. V.., Va. Mid.
Gt. South'n
Uanvillc, Ist luort., Kujir., coup
I'liiladelphUi—l'vetovi-ed stock
336
&.
(£
iBt iiiortxiijcc,
OS's 1871
now
West Jersei/—tiUK\i
Lyan of 1883, "lataiitecU by Caiudou <& Ainboy.
l»t moitgago .V).iii
iBt
do
coiiHolidated
West Wisconsin— lit moi't., ifo\i\, s. fd., 1. gr., coiiv.
iKt iuoit(,'age, gold oxteii»iou, couiwu or rogist'd
Oousol. boudH, gold
Western <£ Atlantic (6'a)— Income Bonds
Western (Ala.)— lut inoitgago (Jlont. & W. P.)
Western RU. bondit, before cousoUdatiou
2d niort. on consol. road, gaar. by Central of Ga.
Western ifari/lanil—lat niort., endorsed Bait. City
l8t mortgage, unendoracd
do
2d
endorsed by Baltiiuore
do
2d
eudiirsed by Waslilugtou Uouuty
2d preferred mortgage, uueudorBeu
3d mortgage, gnaiiiiitucd by Baltimore
do
for Baltimore City stock
4tli
Western North Carolina— lat mortgage (E. Uiv.) ...
27
1871
60
38
63
172
1861
18««
1869
1871
1872
32
.
.
.
.
Western Pennsi/toania—l^t mortgage
l8t mortgage, I'itts'jurg BrauoU
General mortgage
WiUiamston
116
44
100
90
90
90
90
90
90
90
115
57
"64
500 Ac.
100 Ac.
1870
1870
500 Ac.
1868
1870
64
loi) Ac.
100 Ac.
100
do
200
45
1871
100
Bonds
Bonds
Hasliua
do
Boclieat«r— Stock
do
Istm., guar, (for $700,000)
C
48
48
1874
1856 Vario's
60
60
Debentures of 1.H7.S
Loan of 1801 (.Tvi.OOO.OOO cp. <t $2,000,000 reg.).
Lthig/i Coal <£ yacigati/^n— Stock
Loan, oouv., coup., gold (assumed L. & W. Coal Co)
Ist mortgage, registered
1st mortgage, registered, railroad.
Mort. loan, g. ($2,310,000 assumed C. RR. of N. J.)
1853
1867
1869
1871
1873
1874
till
December, 1877
1872
1871
1872
Consolidated mortgage, loan
nioitg.ige, registered
Uononyaliehi Naoiyalion Co.— Stock
Warren (If. 7.).— Leased to Delaware, Lackawanna
& Western at 7 per cent on f tock and bonds. Net
earnings in 1875, t3ll,U66.
Washinglon City, Virr/in'a Midland <fc Great Southern.— Qmsa earnings year ending Sept. 30, 1875,
expenses, tti7J,38"; net earnings, $101,Bia.
The company has been assisted by Halt. & O.
Coupons on O. & A. id, 3d and 4th mortgages are
overdue. The 1st and 3d mortsages placed'together,
$l,U3;j,!)80;
were originally t400.OJ'J 1st (is, and »tiOO,(X)0 3d 88
some of wluch have been exchanged for general
mortgage bonds, bat arc depos;ted m escrow only.
(V. 2a, p. 15.)
Western <S Atlantic— thin road is owned by State
of Georgia, and leased at gilO.OOO par annum
Leasees nave issued the income bonds. (V. 32, n.
138.)
Westchester it Philaddphia.—Net earnings 1874-6,
$152,657. (V. 2-2, p. 304 )
West Jeney.—Qrose earnings, 1S75, $35!),797; expenses, 8!6S,5j9; net, 8293,587.
Net prollt above
(V. 22, p.
231.)
West Tfwcoiwin.^The company defaulted on interest due Jan. 1. l»7o, and funded nine coupons from
that date. The following is from the ofBcial statement; Sitjce Us organization the company has
issu d $4,000,000 gold llrst mortgage land grant
bonds, of which $.3,>ii ,50J are outstanding; tfito.OOO
Southern extension bonds, of which $370,000 are
bold as collateral security by floating debt creditors;
$2,5X1,000 S2ven per cent gold consolidated bonds,
of which $1,471,0 Ware held as collateral to the floating debt. The other debts of the company on Jan.
1, 1875, were as follows: Bills payable, $l,OS0,921.
There arc collaterals belonging to the company held
for these, as follows: Southern extension bonds,
$310,000; consolidated bonds,$l, 471,000; and 200 cars;
other items of debt, $1,826,141.
Earnings, 1874,
10,218,3.50
100
1,000
6
6
7
$88l,92i1;
18(J2
7
R.
7
g.
'0'
5
6
J.
F.
1878
1M80
1H82
1U08
April 1, 1890
Jan. 10, 1876.
Pliiladelplila, Office.
J.
1,
1,
May
do
do
ISTT
do
do
A|>ril 1, 189L.
Camden, N.J., Co'sOflioc Scot. 1, 1874
8.
do
do
Mcb., 1868
J.
do
do
Jan., 189&
O.
do
do
Oct.. 1890
J. New York and London. Jan. 1. 1886
O.
A.
J.
New
York, Office of Co.
7
7
7
7
7
2
t'-
2,000,000
6g.
4,692,.500
762,779
6
41,5.50
6
7
1,063,000
744,000
1,001,300
193,000
Bait., A.
1902
J.
A
7
4
.r.
6
J.
A
A
A
A
A
A
F.
A
.
.
Sous.
Sons.
Feb. 4,1870
d3
do
Bk. of Commerce.
do
do
do
do
do
do
N. Y., office, 71 B'way.
do
do
1878
1876
1877
1884
1891
April, 1S78
1894
Mar. 3. 1870
1894
18SI
1897
1897
1877
1882
Juno 1, 1911
1892
N.
Y'.,
PbiladelpUla, Office.
do
do
do
do
D.
D.
D.
D.
A.
do
do
do
do
Philivdelpliia, Office.
do
do
do
do
do
do
Pittsbnrg, Office.
N. Y., N.Bk.of Com'roe.
J.
J.
1900
1885
PUiladelnUia, Office.
A.
q-j.
Q-F.
J.
J.
J.
J.
Brown A
Ijondon.
Salt., A. Itiowii
.1.
A A.
M. A N.
J. A J.
J. A J
A. A O.
A. A O
Q-M.
M. A S.
July
Feb.
1,
I.
Jan., 1876-
July
1,
1887-
was sold ont and is now leased to PhiladelHeading. (V. 20, p. 358, BBS, 522, M"; V. «1,
p. i:37, 592; V. 22. p. 182.)
WUmington <t IFe/don.— Leased December, 187S,
to Wilmingt m, Columbia A Augusta road at 7 per
cent on stock. Lessee assumes all liabilities. (V.
tension,
phia
A
22, p. 1
6
)
(7<n<r(irf.— This company defaulted July,
1875, and its latest statement and proposition for
funding, Ac., arc in V. 21, p. 24J. (V; SJ.p. 291, 571;
Wisconsin
V.
21, p. 324.)
<t .iYa»Ai«I.— Net earnings 1874-5. $178,Guarantees the stock and bonds of Nashua &
Rochester company, leased. (V. 21, p. 590.)
Worcester
3'!0.
CAN.VL.
(Mes'ipsuke <ft Ds'awore.— Delaware City to Chesapeake City, Md. (V. 18, p. 882}.
Chesapeake ds OAi/>.— This company was assisted by
Slate of Maryland, and is making progres.; t owards
meeting its past due interest, (v. 21, p. 77.)
Delaware /)ir.— Leased to Lch'gh C. A N. Co., at.
on bonds, and 8 per cent a yey on stock.
Dd. * Hudson Cona/.— This Co., which Is among
the largest miners and carriers of coal, leases the Alb.
A Susq. and Renss. A Sar. Railroads. Also endorses
bonds of N. Y. & Canada RR. Annual report for 1875,
interest
Pennsylvania.— The
Pennsylvania RR.
lessee owns $97^,630 stock out of the total amount
of $1,022,430. $148,000 of branch bonds, and all of
$1,200,000 general mortgage bonds; net earnings
(V. 22, p. *06.)
187.), $18.',059.
Tarboro.—Soail in progress.
No
recent financial information.
dk
do
do
O.
F.
207)
WUmington Columbia
A
&
A
J.
5
Western Iforth C.r^iino.— Soldin foreclosure, June
(V. 20, p. 814, 453; V. 21, p. 40.)
23, 1873, for $825,000.
were
Bait, R. Garrett A Sons Mcb.
N.
Q-J.
Q-J.
4
—
operates the Wil.& Weldon.
Supt.
.
scriptions, $ti81,63a; funded debt. $3,675,000; total
Assets— Cost of old road and
lialiililies, $4,473,451.
appurtenances, $i,404,3»8; cost of new road,
$i,S80,48;3; sundry mdividual indebtedness, $2,840;
Union Itailruad Company, $2,500; loss on sale of
SL-cond preferred bonds, $43,500; construction and
equipment, $57,i63; sinking fund second mortgage
citycndiirsed, $31,000; ba'ance $30,911— total assets,
it
1
1,
1.
May
do
do
.
(V. 20, p. 393, 405, 445.)
iamston
190»
Sons Jan.
.1.
6
Western Ifnrytand.-Thie company was largely assisted by the city of Biltimorc, which has also
bought Its overdue coupons. The only bonds remaining in default for interest to their holders are
the second preferred unendorsed. Annual report
for lust fiscal year to September :S0, 187.5, shows
gross receipts, $293,718; expenses, $194,420; net
receipts, $99,2'J8. The financial condition Septemb(T:30, 18!5, was as follows: Liabilities Stock sub-
Wd
B.
A
.
Western A'adrtma.—So\d in foreclosure, April 19,
and bought by Central Ga. and Georgia Rail-
Western
do
do
N.
J.
Garrett
•
1675,
(V. 22, p.
do
J. Bait., R.
•
operating expenses, $697,107; netonrnings,
fuU particulars sec V. 86, p. 77, 291,314;
$4,473,451.
A
H. A
M. A
J. A
M. A
A. A
J. A
A. A
F. A
M. A
J. A
A. A
J. A
J. A
J.
1800
1870
1^75
April,
A.
A.
A.
$187,812. For
V. 21, p. 396.
roads.
A
A O. Now York, Buutter A Co.
A O.
do
do
A O.
do
do
J. A J Bait., N. Mcotianirs' B'k Jan. 1, 1890>
6
J. A J
6
do
do
Jan. 1, 180O>
J. A
6
do
do
Jan., 1890
J. A
HngorHtowu.
6
Jan., 1890.
Bait., Company's Office.
6
J. A
Jan., 1895
Bait., N. Mechanics' B'k
J. A
6
Jan., leOO
J. A
do
do
6
Jan., 1002
J. A
8
Jan. 1, 1890
A. A O
PhiU-Mlelplila, Office.
6
April 1, 1898
do
do
6 1. J. A J
Jan. 1, 1896
do
do
7
M. A N. New York, J. M. Plckroll Hay 1, 1900'
J. A D. Bait., Safe DciHJsit Co.
June, 1900
Oct., 190a
7 . A. A O. Phlla., DcIIavon A Bro.
A. A O.
do
do
Jan., 1902
7
3I3
J. A D.
Deo., 1876
London,
J. A J.
1881
do
1886.
7 g. M. A N,
18967g. J. A J. N. Y.. Nat. B'k Republic
Boston, onice.
July 1, 1901
7 g. J. A
3I3 jj. A J.
Worcester, Office.
Jan. 1, 1876
do
do
1881 A 1887
A7 Various
Bost., Globe Nat. Bank. April 1, 1893
A. A
7
F. A
do
do
Feb. 1, 1895
7
3
A. A O, Bost., Globe Nat. Bank. April 1, 1894
6
PUlIadclpliia, Office,
June, 1873
J. A D.
3
do
July, 1886.
J. A J
do
6
8
8
8
5,331,9(i3
1,000
O. N.Y., Bull's HcaU Bank.
O. N.V., Del., L.
W. KB.
A.
do
do
Q-J.
10
794,000
1,000
1,000
1,000
1,000
1,000
1,000
50
83
83
mortgage
W<tilkill Yai:ey.— This rond vme foreclosed under
a Eccond mortgage and told November, ISTo. (V.
»1, p. 442; V. as, p. 48. 209.)
50
1,000
153
Loan
e-vtension, convertible
1,000
1 ,000
1,000
1,000
2,000,000
4,375,000
1,099,300
1,633,330
800,000
20,000,000
1,300,000
3,500,000
5,000,000
393,000
5,000,000
.-iO
143
148
148
148
Registered bouils
Registered bomU
rentals, $9j,689.
7f.
4
1,880,800
1,997,872
8,229,.394
l8t mortgage
Delaware di Htulson—Stock
Registered bonds
and
Ac.
50
14
14
rf
Greenwood
500
4'
L.
t IS .1
Delaw^ire— Stock
Ist mortgage (originally $2,300,000)
Ohesa/ieahe •£ O.'t la— .Stock
Maryland lo.m, sinking fund
Guaranteed sterling loan
Bonds Uaving next preference
Delaware Division— Utock
Ohesapeal;e
7'
250,000
400,000
823,303
700,500
1873
1875
i«
e&8
578,8.59
3.>0,000
A
A
&
do
8
640,000
2,500,000
020,000
750,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
873,000
1,000,000
1,400,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,250,000
1,560,100
1,456,200
648,700
221,400
749,000
4,018,500
1,789,800
1,000
F.
7
400,000
1,000
A.
A.
7
"e"
1,000,000
1,000,000
4,000,000
5<K) Ac.
1868
1870
1872
1870
1863
1865
181
181
Sinking fund bond.'!, gold
Wisconsin Cenlral-tnt mortgage, gold, land grant.
Worcester i£- ,V(i«/ne«—stock
Bonds ($12.5,000 are 7 per cent)
Interest
100 Ac.
50
500 Ac.
500 A<^
500 A<!.
3H>
700,000
1,650,000
1,,500,000
520,500
821,300
1,100,000
1,359,750
500 Ac.
1867
188
2d mortgage, coupon or reglstoreu
1st
2,002,539
1,200,000
654,000
1866
1870
1858
"i
Income bond.s
WUmington it licailing—lat mortgage
do
100
i',6bo
if
Wilininijlon iS IfcWoyi—Stock
Sterling bonds
611,400
730,000
204
28
larboro—lut morc,'ii»:c
Wilminglon, Columbia <£ Augusta Ist mortgage...
do
1,800,000
1867
1873
<fe
Gen.
100
1870
1871
183S
1858
1800
3l0
.
O.
7
$700,000
$500,(ai.
18
.4ui7!/«fa.— Leases and
In 18;4 5 no, larnings
$18.3,271, includiiig profit
on
W.A W.
Coupons
of De"., 1873, arc unpaid. vV. '22. p. IS.)
Wilmington dt Jieadlng.-Thifs road was in progress, and defaulted on second mirtgage afWr crisis
of 18r3. Default on first mortgage was made April,
ISre, Foreclosore pending. The Berks Co., an ex-
V.
2J, p.
489.
<t A'arl^ofion.— Gross receipts in ISW;
»l,8l9,ii»o; cxiKinses, int. and dividends, $1,914,279.
Excess of receipts, $65,191. The Central R. R. of
N J. assumes (in purchase of cqulpmenO, $2,310.0(X)
of the gold loan due 1897, leases the L«hlKh A Susquehanna R<iil I{o:id, ana operates the Lehigh Canal.
'rhe Lehigh A Wi'.kes-Barre Coal Co. aasomes $500,000 of the gold loan duo lbi»7. and t8>S>000 (all) of the
convertible gold loan due 1831, and baa also leased
Lehiqh Coal
the coal lands of the Company.
(V.88, p.
87 9.)
Natigation Cbmpony.— Receipts,
1514, |il5,463; cipeoses, $88,120; dividcnd^ $97,721.
Itonongahela
..
'
CANAL AND MISCELLANEOUS STOCKS AND BONDS.
zzx
[Msy
27, 1876
Sabserlbera will confer a Kreat favor br cItIiik Immediate notice of any error dUcovered In tlieee Tables,
£oiirf«— PrinciINTEREST OR DIVIDENDS.
DE8CKIPTI0N.
Miles Date Size, or
when Due.
Amount Rate per When Where Payable, and by pal,
of
Par
notes
of
Stocks— iMat
seo
Ac,
heatUngs,
column
of
ezplauntlon
For
Ontstauding
I
Canal. Bonds
ut the bead of flrat page of tables.
CANAL— Contiuned.
103
103
103
103
'3forri«—Stock, consolidated
l»rcfeired stock
Hew mortgage (for $1,000,000)
Boat loan
Preferred stock
'
«.. J
i
j
dividend
,:;,
IPennsyhania—Stock
let mortgage, interest guaranteed
by Peon.
v.v;"
KR
.
1876
1865
1869
1867
1870
1863
1864
Imi»ro\Tmeu t bonds
Boat and
ear loan
Bout and car loan
SusquehuHHii it Tide IFa/er—Stock
Maryland loan, 2d mortgage
>Siis4ineljanna Canal,
(!)
various,
various.
236,965
103,164
.50
4,477,1.50
1,000
3,000,000
949,748
3,155,650
1,709,380
3,990,392
1,148,000
260,000
756,650
028,100
2,002,746
1,000,000
1,319,000
325,316
250,000
3,000,000
1,000
1,000
mortgiigV'
M ortgage l)onds
1,600
1,000
1,000
45
50
common bonds, 3d mort
pref., 3d. T. W. priority
do
bonds of 1872
do
-.
Vnian—lat mortgage
b'ds.
1872
85
fni.tCELI.ANBUUS.
Expres$ Company— Stoc^i
AvteriaiH Exprtss—Stocti
Ameriean Cwil (Jfarj/Zoiu/)— Stock
-AUantiea Paciyic Telegraph- Stock
Motion Waltr Power
Mortgage bonds (for $2,800,000)
KiMiton Imurorement Company— Stm:\i
Sterling bonds (sinlfing fund oue-Uftli of land sales)
Mortgage bonds, gold sixes (for $2,500,000)
OJaiou RR., Ist mort., end. C. Co. (s. f., rents on $220,163)
do 2d mort., g., end., (s. f ground rents on $144,800)
Oary Improiement Company—Stock
Ctnuotidalion Coal of Maryland Stock
Sdami
1874
.
—
1864
1872
1852
1869
lat mortgage (convertible)
iat mortgage, consolidated, convertible
Cumberland Coal and Iron- Ist mortgage
2d mortgage
do
do
Cumberland Coal it Iron Company—Stock
jyunleiOi tl Dubuque BrWffe— Bonds sinking fund
1868
1871
<t SI. Louis Bridge— lat mortgage coupon s. fund.
1871
2d mortgage, coupon
1874
3d mortgage, coupon
1875
4tli mortgage
:8t. Louis Tunnel RR.— 1st mortgage sterling, sink, fund- 1873
2dmortgage
do
1875
do
Mariposa Land d Mining Company—StocTi
PTefcned stock
1875
Mortgage bonds (for $500,000)
-
1876
Pennsylvania Coal—Stock
1 Rt mortgage bonds
Pullman Palace Cai Stock
Boutls, 2d series
Bonds, 3<l scries
Bonds, 4 1 li .series
Bonds, sterling debenture, convertible
Bond.<i, debenture
7 p.
c.
Fargo d Company Express— Stock
Western Ionian Telegraph— Stoc^
Real estate bonds, gold, sinking fimd
Bonds, coup or reg., conv. till May. 1835, §• f. 1 p. o
'Btorling bonds, coup, (sinking fund 1 per cent, per annum)
Itilkesbarre Coal—Stock
Jforri*.- Leased April, 1870, to Lehigh Valley Railroad for 999 years. The lessees assuming bonds and
and paying 10 per cent per annum on preferred
-steck, and 4 on consolidated stock. (Y. 12, p. 714).
.-eciip,
Union
«74, $546,328; net, $310,14J.
p.
'6g.
593.000
693,000
£200
160
100
1,000
J.
(?)
4,400,000
20,000,000
&
I'4
2
1,498,000
4,000,000
1,030,000
3,400.000
7
2
g.
(V. 19. p.
(V. 21,
422.
stock increase of 25 per cent
(V. 21, p. 511, 591.)
22,
was voted
—
.
Cary Improvement (7a—Assets April,
jondjB and half of net earnings.
Conso'idalion, Coa'.—Annnal report for 1875 in V.
22, p. 279, showing gross receipts, $2,648,178; expnses, $1,876,402; net, $771,77i>. Consol. mortgage
bonds arc held to retire old bond?. Guarantees also
bonds of the Cumbeiiand
Penn., and assumes
$1.35,000 Un. Mining Co. bonds. (V. ii, p. 279, 415,
iniSOELI.ANEOi;S.
A
Express Company.—
reference to the
salt of Dinsmore and others in V. 19, p. 370.
American Coal.— The report for 1875 showed gross
«eGdpt8, $sa,9:6; net, $:9,016. (V. 22, p. 180.)
Atlanlic
dt Pacific
Tiiegraph,—Ot this stock the
&
do
do
do
do
do
do
do
do
do
Y Farm
,
d-)
do
do
&
T. Co,
N. Y., Company's Office.
1879
N. Y., Conii)any's Office. June 10, 1876
New York, Office.
May 1, 1870
New York, Office.
Jan. 15, 1876
New York, Office.
Jan. 15, 1876
N. Y., Union Trust Co.
May, 1902
N. Y., Treasurer's Office
May, 1900
London. Morton, R.& Co March
1,
1900
Pliiladclpiiia.
;
..-,-.,
Penn^lvania Coed.— THa company operates a railroad of 47 miles connecting its coal mines with
Branch of Erie Raihvav and Delaware & Hudson
Canal at Hawlcy. DiviSends in 1874 were 45 per cent
a year. Floating debt, $625,000.
Pullman Palace Car Company.— 'FnM report in
467.
Quicksilver
Mining Company.— AnrmtiX report
for
ISre, with balance sheet, &c., in V. 2i, p. 303. See
V. 19, p. 631; V.-20, p. 141, 429, 5.38; V. 22, p. 233, 303.
Spring Mountain Coed Company.— This is guaranteed 7 per year till 1885 by Lehigh Valley RR.
rnited States Express.— V. 23, p. 159.
&
471.)
Western Union Telegraph.— Annnti.\ report, V 21
369. The company holds $7,-%7. 735 of its own
making the total $41,073,410. In May, 1876,
obtained control of Sontliern & Atlantic Companv
(V. 21. p. 16, 369, 372, 569; Y. 32, p, 138, 175, 168;
Y. 23, p. 257, 368.)
p.
Lou>s Bridge.— Interest passed July,
1876
The Bridge and Tunnel Railroad are in hands
of Messrs. Morgan and Humphreys, trustees. (V
20, p. 544; V. fl, p. 319.)
Illinois
N.
Sept., 1869
March, 1886
1, 1876
Aug. 1, 1881
May 15, 1876
May 15, 1881
Fel). 15, 1887
Aug. 15, 1892
April 1, 1885
Oct. 15, 1878
Feb.
Mariposa Land & Mining Co.— Assessment of $
per "hare is delinquent June 3, lb76. IV. 20, p. 477;
V. 23, p. 23f, 305, <J28.)
Pacific Mail Steamship Co.—CV. 21. p. 40, SOT,
231, 278, 324, 349, 396
V. 21, p. 42, 257, 881, 306,
21, p.
691; liabilities, $165,009.
Adams
Jan. 1, 1886
Jan. 31, 1876
N. Y., Ill Broadway.
& J.
i D.
J. & J.
Q.-J.
M. & N.
M. & N.
M. & S.
M. & N.
18"5, $298,-
Satquehanna db Tide TTafer.— Leased and operated
^y PMladelphia & Reading Raihoad for interest on
{Mm Oina;.—Stock, {2,907,850.
York.
363.)
Canton Improvement Co.. The annnal report for
May 31, 1875, is in V. 20, p. 59 I Of the
$8,500,000 mortgage $600,000 is reserved to pay sterling loan. The Company owns $594,000 stock of
Union Railroad Co. out of $600,000 and guaraQtees
its bonds.
(V. SO, p. 314, r46.)
year ending
Navigati'y?i
Comp^ny.—'Lc&Bed from
.Jane 1, 1870, to Philadelphia
Reading for 999
years, at annual rent of $655,000, inclnding 'ertaiu
Teal and personal property conveyed to Pliiladel)hia
Jk Beading. (Last annaal report in V. 88, p. 493.)
Schuylkill
Q-J
<\.
33,7.'!7,475
52, p.
New
J
M.
5
6,000.000
5,000,000
V.
&
&
F. &
7
Q2
M. &
8
F. &
8
F. &
8
&
?^A. &
7
1 14,000
598,000
4,291,300
5,708,700
584.000
1,500,000
1,000
1,000
1876
1876
Mar. 10, 1876
1872
Nov. 12, 1872
June, 1884
'&"j. London, Brown, 8.
& Co Jan. i',"l904
& J. New York or London. Jan. 1, 1904
i>«
5,000,000
484,500
5,820,200
298,000
£100&c
Office.
3
m
1,000
York,
1883
<Sc
Water Power Cb.—Annual report in V.
A
1,
3,
6 g. M.
60c
213
M.
J.
7
6
J.
6
J.
F.
6
A.
6
M
8
177,000
498,000
500,000
480,000
3,947,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
10,000,000
5,000,000
1,000
1,000
1,000
1,000
1.000
Jan., 1894
Jan.. 1902
& J.
& N.
Boston, Office.
Jan. 9, 1860
& 8. N.Y.,Co.'3 Office, 71 B'y. March 15, 1876
& J.
do
do
Jan., 1885
& J.
do
do
Jan. 1, 1897
& J,
do
do
1879
& A.
do
do
Feb., 1879
& O,
New York Ottice.
Oct. 15, 1875
& N N. Y., by III. Cent. RR
Nov.. 1893
A. & O, New York and London.
1900
do
do
Jidy 1, 1901
U: J.M. &&
do
do
Mar. 1, 1886
J.
St. Louis.
J. &
Loud., J. S.Morgan & Co. Jan. I,"l888
1^- J.
&
St. Louis.
500 &o.
605,500
500 &c.
598,000
10 55,000 sh's.
100 10,250,000
1,000
412,000
1,000
363,000
1,600
J.
J.
J.
Jan., i885
Jan. 1,1878
1,
Boston, Office.
D. Ist coup, due Dec, 1875.
£20O
July,'i910
Feb. 1, 1876
Feb. 1, 1876
Company's Office. Mar.
do
July
do
&
1,000
Oct.Visss
May
Philadelphia, Office.
J.
Pacific Railroad holds $2,420,000.
494.
and Baltimore.
do
do
do
do
do
do
New
1870
1870
Feb., 1889
Phila.
Y.,
4,
4,
March, 1897
1882 to 1907
1895
May, 1880
May, 1913
May, 1915
io's.
100
Nov., 1875.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1,740,000
1,107,500
50J, 6.38, 6.39.) Annual report
p. 63, 277; V. 22, p. 488.)
Boston,
—
Pennsylvania C^nal. Worked in interest of Penn.
'RR. whicli guarantees interest on bonds. An old
ijnortgage of tW.OOO is due in 1887.
Gross receipts
1872
1875
1875
Philadelphia, Office,
10,1)00,000
4,(X)0,000
"50
100
100
100
ffells,
Philadelpliia, Office.
Q.-M. N.
7
Feb.
Feb.
do
do
1,000
.
byli. V. BR...
do
do
J.
8.
100
100
;
—
O.
&
&
434.000
996,000
Preferred stock
&
P.
M.
160
2d mortgage, gold
.Sin-ing Mountain Coa/-Stock, guar'd
•ilnitcu States Express Stock
A.
& A.
J. & J.
"e
30c. in sc F. & A.
GOc. in sc F. & A.
M. & 8.
6
J. & J.
6
J. & J.
6
M. & N.
6
M. & N.
6
M. & N.
7
J. & J.
"e
6
J. & J.
J. & J.
6
J. & J.
7
M. & N.
6
7
RR. Co., Phlla
do
J.
1861
Mining Cotnpany— Common stock
fiuickiilver
A. Leh. Val.
A.
do
4
50
—
&
&
2
3
100
100
-3farv/a?«/Coai—Stock
-Pacilie itail Steamship Company— Stock
Bonds, coupon or registered (for $2,000,000)
F.
F,
Dividend.
12,000,000
18,000,000
1,.500,000
100
lUinoi*
"7
Wb
vbom.
I'ayat)le
100
100
25
100
100
25
1873
1874
2
5
$1,025,000
1,175,000
50
50
let mortgage, extended
2d
Cent.
$100
100
327
327
108
common
VjScAuy/A-i// Xucination—Hioeli,
i*ref erred stiKrK
Value.
SI.
stock,
'
—
Maj
INVESTORS' SUPPLEMENT,
27, 1 76.]
FINANCIAL KEVIEW.
(
A IV IV U A L
.
)
1876.
FROM THE OFFICE OF THE
ISSUED
COMMERCIAL AND FINANCIAL CHRONICLE,
CONTENTS:
Financial Review of 1875.— Retrospect of the Year
—Commerce
Tlie
—Commerce of New York City —Banking
— Banking and Financial Affairs iu London,
Gold and Bullion
Business Failures in
tlie
United States.
and Silver
—Kepresentative
Railroads
the
of
United Stateg—
Railroads in Default since the Panic of 1873
Land
Grants
Railroads
for
and
Market— Pi-ice» or
the
Call"
— Exports, Imports
in the
and Production of Gold
United States since 1860.
—Pricee of Qold^
daily. 1862-1875.
Prices and Exports and Imports of Xereliandise.
Railroads
of
Loacs and Commercial Paper, Weekly, 1971-1875.
of the United States
Statistics
Money Market— Feafuret
— United
Foreigrn
of
States
Exciiangre- Influences on
the
Market and Method*,
Quoting— Prices 1809-1875.
Wagon Roads — Riilroad
Prices of Stoclss andj Bonds for a Series of
Tears—Unite*
Earnings.
States Bonds, Prices 1865-75- -State Securities, Prices; 1860-7S.
—Railroad Bonds, Prices 1872-1875
Inyestments of Financial Corporations in N. T. City.
— Railroad
and
Miscel-
laneous Stocks, Prices 1871-1875.
Investments and Speculation— Investments— Compound
est
Table
— Table
sbowing the rate per cent
securities purcbased
at various
prices
— Stock
Inter-
realized
on
eotton and Cotton
Speculation
Table Sbowing the Interest Cost of Carrying Stocks.
WILLIAM
79
B.
&
—Cotton
States, 1874^75.
DANA &
81
Spinning in the U.
Movement and Crop, 1874-75
CO.,
PUBLISHERS,
WILLIAM STREET,
iSTJJW -stok-k:.
S.
IS 74- 75— Cotton,
Spinning in the United.
:
:
SUPPLEMENT
•INVESTO^iS'
XXSli
[Muy
Publications.
In urance.
27, 1 76.
IViiscellaneous,
"FAIRLY WITHOUT A RIVAL."
C9N™£JSrTAL
Brincke:rhoff;Turner&. Co
^
The most eminent authors
Ihe
Insurance Company.
day,
siich as
of
Manufacturers and Dealers la
Hon W.
Max
COTTON DUCK
E. GladsCbne, Prof.
Prof. Huxler,
Dr. \f, B. Carpenter,
Prof. Tyndall, R. A.
Practor,*PrauCi'a Power Cobbe, Tbe Unite ot
Iflnller,
OFFICES:
HEW YORK, 100 & 102 BROADWAY.
BROOKLYN
POB
CAR COVERING AND CAR SEATS,
14 to
Argyll, James A.F'Oude
Mra. niiilocb, ITIia. Oil-
INCHES WIDE,
1.10
And
all Icinds
of
COTTON CANVAS, SAIL DUCK, FELTINO
pbaut, ITIUa Tliackerur, Jean Inge>
DUCK, nAGGIXG, RAVENS DUCK, SAll,
Ib New Continental Insurance Building loiv, Geo. niacDonald, Wllllaiu Black
TWINES, &c. "ONTARIO" SEAMLESS
Anibonr Trollope, R. D. Ulackniore,
BAGS, "AWNING STU'ES."
COK. COURT & MONTAGUB STS.
IHattheiv Arnold, Henry Klusaley,
Also, Agents
Tbomaa Carlyle, AT. \V. Story, Robert
Bucbanan, Tennyaon) Broivning, and Ignited States Bunting Companjr
..$1,000,000 00
tJtah Capital
:
KwerveforRelnsDrsnce
9S2,427
4-2
liew York Surplus
Law with
Icsur-
OoaraniySarplusFund
300,OJO 00
sgalnt t the
Claims
Company
853,7 18 2J
SATUBDAy/'Uibnow
r.l
hout a
supply,
fall
all
Widths and Colors always
in stoek.
142 DITANE Sr., NKIir
THKLiTiNa Aan
eatcra apon its talrty-thlrd
year. It haa never failed to receive the warmest sup
pori of the best men diid journals of the couDtry, anU
haa met with constantly lacreaalng auccesa. Having
recently absorbed Us younger competitor, " EVKUT
Id 1376
SCO OOO 00
all
A
Littell's Living Age.
MccDepartmeut
Uadivided Sarpios held for
others, are represented In the pages of
many
Special Reserve Fnnd, deposited ander
rival lu Its special
EI3EBT A. Brinckerhoff,
YORK.
Spenokb Tubnbb,
J.
IIknry D. Polhemus, Special.
JOSEPH WOOD.
BENNET.
E. R.
field.
Total Assets, Jan. lOth, ISTS
$2,845,165 64
Durlpg the 7 ar
-it
will f>irnls>i to It? readers the
productions of the able
many
others
of the
INSURES
DWELLINGS,
FURNITVItE,
WAKEHOUSES, IVERCH ANDISE,
;
t
authors, Hbove-named pnd
.-erlal ana Short Stories
embracing the
Co.,
MANUFACTURERS OF
LKAD1?fG POREIG.N NOVELISTS,
Wood's Pat. Adjustable Frog,
amount uaiipproached by any other perloiinal
in tic woild of the most valuable literary am! sclentih
matter of tbe day. from the pens ot the P'ORKMOST
ESSAYISTS, SCIENTISTS. OKITICO, illSCOVEKand
Wood &
Joseph
& Wood's
Stationary Frog,
a:i
;
RE>TS,
LEtSES,
-Aad other Insurable Property, at Just Rates of
Premium.
representing evory departmen
ol Hnowledgc and TrogresB.
A
TOE COMTIMEIVTAL
JIEST COUPANY TO SUBMIT TO THE
SEsmicTJoys of the surplus
LAW OF 18T4.
"By the proTisiocs of this Law the Company is
'Compelled to limit its dividends to stockholders
to7per cent per annum, and to deposit one half
of ihe remainder rf
*Bt« Department of
its
this
earnings in the
State, as
KBSERVE SAFETY FUND,
a
Insur
SPECI-'\L
PROTECpolicy holders as may
TION and SAFETY
for the
of such
aot he burned out at the lime of a conflagration so
peat as to destroy the ability of all Compauioa, to
Jiay their lo?ees in fa 1, thereby avoiding the neces«ily of placing the
Company
hands of a
Beceiver in Bankruptcy.
Some of the benefits of submission to this law
In
the
re as follows
jnnt—To the
tained under the requirements of any other law
oa this subject, because it exempts the Company
fees, legal costs, or other
Company
It requires the
expenses
to maintain at all times
* "GUARANTEE SAFETY' FUND "
equal in
amount to the "Special Kefervo Fund," for the
•Br««(er protection of policyholders generally.
It will prevent any encroachment upon It by
laler losses under nncancelled policies.
It compels just and prompt adjustments
Magaidne, of sUty-four pages,
AUB gives more than
how great the Qre or loss.
the policy-holders whose property
is
wit Involved in such fire-a hitherto neglected
dess
It will give a deserved protection and provide for
the payment of their later sustained losses, as
great Are had occurred.
il
no
STEfiL
Thb LtvI^6
double column octavo pages of reading matter yearly
It presents la an inexpensive form, considering Iti
amount of matter, with freshness, owing to Its
weekly Idsue, and with a Hatiafactori/ comptetene^s
attempted by no other publication, the best Essays,
Reviews. Criticisms, T»'ef, Sketches of Travel and
discovery. Poetry, Scientific, liiographlcal. Historical
and Political Information, from the entire body of
Foreign Periodical Literiturtt.
RAILRO.ID
CROSSINGS,
HOWE'S PATENT
SELF-ACTING LUBRICATOR.
AOENTS FOR
Vl.NnOfJlE.\'S PATE.\'T
ClR COUPLING
PIN,
Natioual Oar Brake Shoo Co.,
4L>
p.
C>.
4^ Broadway,
/Sc
3oi
NEW YORK.
1019.
Invaluable to ftvery American reader,
as.the only ihorou h as well as fresh compilation ot
a generally inaccesRluie butiiidl-«penaablc current liter*
&t\ire,~in(lispeji8abte because It embraces tiie proauc«
tlons of the
Henry Seibert& Bros.
ABLEST LIVING WlilTGRS
LITHOGRAPHERS
branches of Utera'uro, cfence. Art. aiidPollt Ics
" /; reproUiicev the beat thoughts of the bes) minds of
the civiitzed world, upon ail topics of living interest."—
Philadelphia •* loqulrer."
The best of all our eclectic publications."—** Ihvi
Nation," New York.
*^And t\e cheapest. A monthly that cornea every
week."—*' The Advance," Chicago.
,
**A pure and perpetual reservoir and fountain of
entertainment and instruction"—Hon, Uobert C. >Vln-
AND
It is, therefore,
ESTABLISHED IN
In all
Railroad
Specialty.
WILIilAm STREET,
and Certificates of Stock a
Commercial Blanks of all kinds.
Rope.
STEEL, CHARCOAL,
aa«
B. B. of tbe very best quality
for
suitable
I
Francisco.
Ought
N. T.
Bonds
"Tfie best periodical in America."— Uev. Dr. Cuyler,
"/( has no equal iih any cownfry.*'— Fhllacelphla
" Press."
*' Its
publication in tceell// numbers give? it a great
ad •:a7itage over its mojithly contemporaries in the spirit
a7id freshness qf its coJitents,'*—" The Pacific." San
*^
1853.
LEDGER BUILDING,
No. 182
throp.
Ships,
RigKlnK
isaspcDMon Bridged, Guye, Der
to find
a place
New York " Timo^."
and pay-
.ae&ts, no matter
**»<*— To
WOOD'S PATENT
IRON AND
^'^
assured, who are claimants for
I'loues at the time of the great Are.
It will give them more money than can be ob-
'rwn receiver's
-of baukcaptcy.
weekli/
THBEE AND A QaABTER THOUSAND
WAS THK
WOOD'S PATENT R ILROAD SWITCHES,
KKS AND ELITOKS.
in every
American Borne."|rlcks, Inclined Flanes,
"Simpli/ indispensable to any one who desires to keep
abreastof the thought of the age in any department oj
science or liternture."—Bo*ton " Journal."
PuBLisHBPi Wbkkly at $8 00 a year, free of postage;
or for $10 50 (covering prepayment <f pontage on toth
periodicals,) Tnn. Living AoKand dther one ot the
Amerlcanyowr dollar monthly Magaalnes (or Barper*s
Weekly or Bazar, ox Appleton^s Jo?irHa?. weekly) will
be sent for a year; or, for J9 50, Tck Livikg Auk and
Scribnei'8 St. Nichoias.
A'ic^rasa
KilTTKIiL
ic
)
Kcieting
Lar;7e
Stock
Mining
Ac.
A
constantly
on
Purposes,
hand, from wbica any desiied
lengtlis are cat.
JOHN
GAV, Boston.
\V.
MASON &
CO.,
43 Broadway, NeTW V-^rk.
It will save them from vexations and serious loss
_
of time and money in seeking and paying for new
tiBBraiice, while waiting Indefinitely for the return
what
-
is
due from the Bankrupt companies whose
elides hare become worthless, and whose assets
\*j be In the clutches of a slow-paced Receiver,
GEO. T. HOPE,
STREET CARS, OMNIBUSES.
President.
LAMPORT, Vice-Pres't.
CYRUS PECK, SccrcUry.
B. C. TOWNSEND, Sec. Agency
H. H.
ABBAM
M. KIRBY,
CHA8. H. DUTCHER,
JOHN
K.
OAKLEY,
John Stephenson
Dept.
Sec. Local Dept.
Sec. Brooklyn
General Agent.
&
Co.,
MANUFACTURERS,
Dept
So, 4r
EAST TWENTY-SEVENTH STREET,
NEW YORK.
@FedFRASER