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Street Railway
SUPPLEMENT
OF THE
C ommercial & P îm n cIaF ( ]hronicle.
VOLUME
IMIa y
W ILLIAM
B.
DANA
P IN E STREET,
2 V ,
1 8 0 0 .
COMPANY,
corner of
[Entered according to act of Congress, in 1899, by W illiam
LXVIII.
PUBLISHERS,
PEARL STREET, NEW YO RK .
b . D ana
Company , in office of the Librarian of Congress, Washington, D. C.]
Entered according to A ct of Congress in the year 1899 by
WILLIAM B. DANA COMPANY,
in the office of the Librarian of Congress, Washington, D. C
Street Railway
SUPPLEM ENT
OF T H E -
(Commercial & F inancial ^ hròwìcl E
g-n
tered acC
ordin to Act of C gress in the year 1899 W illiam B. D ana Company, in the offlceof Librarian of C gress, W
g
on
by
on
ashington, l
D .c
_______
NEW
YORK,
MAY 27, 1899.
~
While engineers and managers have been striving to
decrease the cost of power, and going to large expense
T he Street R ailw ay Supplement is issued semi-annually and i s
in building new machinery and station plants, a con
rurnisned without extra charge to every annual subscriber of th e
Commercial and F inancial Chronicle .
siderable part of the saving effected in the cost o f
_ ? ; ? E I nvestors’ Supplement , isssued quarterly, is also furnished
generating power has been lost or nullified by its
without extra charge to every subscriber of the Chronicle .
T he State and City Supplement , issued semi-annually, is likew is» waste through the carelessness of the men operating
rurnisned without extra charge to every subscriber of the Chronicle
the cars. There has seemed to be no practicable way
T he Quotation Supplement issued monthly is also furnished with
out extra charge to every subscriber of the Chronicle .
Terms for the Chronicle , including the four Supplements above of limiting the power which a motorman may use in
Ten Dollars per annum within the United States and operating his car.
The current is carried along the
Twelve Dollars (which includes postage) in Europe.
wire and may be used to almost any amount by each,
W ILLIAM B. DANA COMPANY, P ublishers,
individual employe in charge of a motor and no
P ine S t ., corner P earl S t ., N ew Y ork .
check has been kept on the quantity taken. If the
coal supply on a steam locomotive should give out be
LOSS OF POWER I S OPERATING OARS.j tween coal stations some investigation would be made
It is curious to note how many of a certain class of and explanations called for.
Where unlimited power
problems which occur in steam railroad management is available, as on electric cars, even such a check as
are also met with in street railroad work. In both this has not been possible, except in the very aggra
services the economy of power is of the utmost vated cases where the motor appliances are burned
importance, and it resolves itself into two distinct out.
phases, economy in production and then in regulating
Some figures recently published by a Chicago road
its use. The steam locomotive, while leaving much are likely to recall renewed attention to the subject,
to be desired as an efficient and economical producer and show what large results can be easily accom
and user of power, has probably been developed about plished when attention can be given to it. An instru
as much as the conditions under which it is operated ment was devised to record the volume of current ex
permit; at any rate, it has been so materially im pended by each motorman in starting and running
proved in these respects in recent years that officers his car, the object being to test the efficiency and
are turning more and more to other matters, and par carefulness of each man. As might be expected, the
ticularly to the careful training of employes, to individual records varied widely when compared, far
further reduce the cost of fuel. Very much the same beyond what could be accounted for by any variationsprocess of development has been followed on street in the loads carried or other conditions of serv
railroads.
ice. The value to a manager of such records o f
Probably the most striking improvements which the efficiency of the individual is apparent even i f
have been brought about in electric street transporta they could not be used as a basis to promote
tion have been in the improved efficiency of the ma improvement. The effect on the men them
chinery of the power-houses generating the current. selves of the knowledge that the company
The different advances in station economics have was
taking
cognizance
of
their
efficiency
been so important as to make other matters up to the and capabilities, as measured by their record
present of secondary interest. With the efficiency of in operating with a greater or less amount of power,,
the producing plant seeming to leave little to be done was in itself encouraging. The recording instru
except in minor improvements, attention can be con ments measured an almost immediate improvement in
centrated toward advancing economy in the distribu the whole service without any special steps being,
tion of power and its application. Such matters are taken by the company to discipline or warn those
being increasingly discussed, and it is interesting men whose carelessness in handling their cars was
to note that, as in steam railroad work, it is becoming most apparent by the records. The improvement
more generally realized that some of the best op was nearly 10 per cent within a few weeks, as shown
portunities lie in a better training of employes.
by comparing the average of the individual records
Street
R a il w a y
Supplem ent.
4
ST R E E T
R A IL W A Y S .
made when the recorders were first put on, with the vious. The results of the operation of these oar8
average of readings taken some weeks later. A 10 will be of very great importance as bearing on the
per cent saving in power consumed is, of course, con future development of street transportation affairs.
The company which is putting in the compressed
siderable, and in this case represented merely the gain
air equipments, and therefore may be said tojbe most
through the moral effect of keeping a continuous
record of the performance of each man. The records largely and immediately interested in the outcome of
were still useful as demonstrating which were the their operation does not look upon the present trials
most careful men, and those who needed watching as an experiment. Air cars have been running for
two years on one of the lines of lighter traffic in the
and cautioning in their work.
The actual figures of course do not indicate what Metropolitan system, so that the performance of the
The reservoirs and
may be shown on other roads, or even what relative cars is pretty accurately known.
savings might be effected, local conditions varying too other machinery are placed out of sight under the
widely for that, but they are, nevertheless, of interest car body and the seats, and the new cars are similar in
and value. It was found by the first series of tests appearance to the ordinary double-trucked cars used
that in operating a car an average of 1*754 horse on the other lines of the company. They ride easily,
power and 2*51 amperes were required per ton. The are under complete control, starting and stopping
maximum amperes per ton varied when the rails were readily, and accelerating quickly.
The compressed air is carried at 2,500 pounds press
clean from 4'696 to 6*36, according to the time at
ure per square inch in steel reservoirs, which have a
which the test was made, running up to over 9 am
peres when the rail was not in good condition. The storage capacity of nearly 50 cubic feet. The com
second series of tests, taken when the conditions for pressed air, after leaving the car reservoirs, passes
economical working were not so favorable, showed through a copper pipe around a heater containing
that the average horse power per ton was reduced to hot water, and enters a reducing valve, where the
1*608 per ton, the average amperes per ton to 2*288, or pressure is reduced. The air then passes through
a saving of *146 horse power, and *222 ampere per the re-heater, its temperature is raised, and hot water
ton, respectively, or over 9 per cent. If these figures injected into the heated air. Passing thence to the
prove nothing else, they show the possibilities that high-pressure cylinder, it is again warmed and hot
exist for reducing the cost of power by restricting its water sprayed into the pipe containing the air, just
waste through a more rigid control and supervision of before it enters the low-pressure cylinder.
Perhaps the most important point which the opera
the motormeu.
It has been estimated by street railroad engineers tion of these cars will have to prove is whether abso
that even careful motormen use 20 per cent more lute safety to the public can be assured under all con
power than necessary to carry a car over the road ditions to be met with in actual service and in collis
within the schedule time. Despite the improvements ions with wagons or other cars. The power to sur
in motors, which have greatly lessened the waste of mount grades such as are common in city streets,
power, especially in starting, relatively a small part though to some extent already known, is to be further
of that ordinarily expended gives any useful results tested, and cost of motive power and maintenance,
in accelerating a car. The balance merely heats the especially in comparison with the figures of electrically
motors and deteriorates the equipment. Consider operated lines, is to be ascertained. To some extent
with this the fact that the motorman has a full this also is already known, but the results obtained
and free supply of power, and two conditions exist from the running of twenty cars will be more
which, it will be seen, easily lead to a great waste. decisive, especially as regards depreciation, and the
That much of this waste can be prevented with a often important “ contingencies.” What has been
demonstrated already by the past two years of experi
little attention is obvious.
mental running of a few air cars in New Y ork is
that sufficient air, at 2,500 lbs. pressure, can be car
COMPRESSED-AIR STREET CARS.
ried in reservoirs on the car, out of sight, to run a
Compressed air as a motive power for street rail car twelve to fifteen miles, and longer, under favor
road service was experimented with over ten years able conditions; that air at this high pressure can be
ago. That is, compressed air as a power is practi stored in the reservoirs with safety and gradually re
cally as old as the overhead trolley system; but it is duced, as called for, by a comparatively simple sys
only within the past few weeks that tlje first cars tem, so that it can be used in the motors.
built, to use that power have been put in service.
These are operated on one of the cross-town lines of
STORAGE BATTERIES.
the Metropolitan Street Railway Co. in New Y ork
Some years ago many street railroad men looked
City, and ultimately twenty cars will be in service on
this division, which is five miles long, and is well with a good deal of confidence to the development of
located to give an excellent demonstration of the ad storage batteries to such a state of efficiency that
vantages of the compressed-air system. As its tracks they would be able to successfully compete with the
cross those of all the underground electric and cable overhead trolley system in the street railway field.
lines, conduit construction would have been very ob That expectation has been far from realized. The
jectionable, if not out of the question; and moreover overhead trolley has been perfected beyond what was
the route is irregular, using for part of the way the generally anticipated in the earlier days of its intro
On the other hand, storage batteries,
tracks of other lines, and running north and south, duction.
although made the subject of elaborate test and
as well as east and west across town.
On such a line
the usefulness of a power like compressed air or stor experimenting, and materially improved over their
age batteries, where each unit is self-contained so far original form, have not proved sufficiently efficient or
as motive power is concerned, and does not have to desirable to be adopted as the sole or main means of
rely on track construction or connections, is very ob street car propulsion.
STREET
R A IL W A Y S .
5
As an auxiliary power, relieving the excessive load are accessible on this point.
It is apparent in
ing of machinery, they are filling a large field of use the wear of wheels and trucks, as well in the repairs
fulness and one that is constantly growing.
The of the roadway, etc. The depreciation of the storage
demand made upon the generating power of a street batteries is another important item of expense and is
railroad is variable. The generators and engines are about 2 cents per car mile; if this is compared with
taxed to their utmost to furnish power during the the depreciation of wire and overhead work and rail
few busy hours of the day, and a surplus is produced bonding on trolley lines, the advantage in smaller cost
when travel is lighter and less cars are operated. At seems to be decidedly with the storage battery sys
such periods, when all the power of the generating tem. The total average operating expense per car
plant is not used in driving cars, batteries of accumu mile is given at 8 f cents per car mile. On account of
lators can be charged with the surplus; with this re the recent construction of the road, operating expenses
serve to draw upon, the load upon the machinery is re are somewhat larger than it is expected they will he
lieved during the hours of heavy travel, better service later on, and the officers assert that they do not doubt
is obtained, and the expenses are materially reduced.
that a road equipped with storage batteries can be
Efficient as storage batteries are proving in this operated as cheaply as a trolley line.
secondary use, the opportunity which seemed so prom
Of the objections which may be raised to the sys
ising for them as a primary power has probably tem, the excessive weight of the cars, as compared
passed. The overhead trolley has secured too much with those of equal size and capacity, may be men
o f a start to be easily displaced, and it is so cheap to tioned, and also the time lost in changing the bat
install and to operate that for general street railway teries on each car once or twice each trip. Batteries
work there is practically no competing system. In can be built, it is said, to run 40 miles, and cars have
certain places, however, particularly on important been run over the entire 22 miles of this Chicago
streets of some of the large cities, the objection made road with but one charging of the batteries. It has
to the installation of the overhead trolley construc been found to be better policy to recharge the bat
tion continues so strenuous as to forbid its use, and teries at the end of each half trip, or at the end of
some other motive power must be provided for such an eleven-mile run. Each charging consumes about
conditions. The underground electric conduit, after 1£ minutes. When a longer mileage is run there is a
considerable experimenting, has been perfected suffic liability of the battery giving out, and it does not
iently to form an admirable system.
It is, how have sufficient power to haul trailer cars, which are
ever, so costly to build that its field is limited to lines so much used on some roads. This possible giving
o f the heaviest travel.
out of the batteries is to be considered, also, if a
There remain the two systems which promised to road has any material gradients. The Chicago line
be successful rivals of the overhead trolley in its referred to has a short maximum grade of
per
early stages of development— compressed air and cent, which is said to be easily overcome when the
storage batteries. Both these should be, theoreti rails are dry, but it has been thought necessary to
cally, nearly ideal systems for street-car transpor put in a counterweight system as a precautionary
tation.
In the first place they furnish independ measure, and it is proposed to reduce the grade sev
ent units of operation, and in this have a great initial eral per cent.
advantage over conduit and overhead electric con
Altogether, something is to be said both as to the
struction or cable power. Both the compressed air advantages and disadvantages of the storage battery
and storage systems havt? been very slow in develop on street railroads in its present state of development.
ment. In fact, the first important compressed air Its future as a motive power will largely depend on
installation has just been completed for the opera the further results obtained with longer use in Chi
tion of cars on one of the lines of the Metropolitan cago, and also on the tests of the compressed-air cars
Street Railway o f this city, and the results will be in New York. Either system, if perfected, would
watched with a very wide interest.
In Chicago a have most of the requirements of an ideal power for
line of some importance using storage batteries as street transportation.
the motive power has been in operation long enough
to give some idea as to its possibilities, and some de
TRACK CONSTRUCTION IN' CITY STREETS.
scription of its operation will be of interest.
On account of the extra weight o f the cars, which
In the equipment of the earlier electric street rail
run up to 15 tons as compared with the 8 or 9 tons of roads, where they supplanted lines which had been
the ordinary street car, the track construction for a operated previously by horse power, it was not
road operated by storage batteries must be exception usually considered necessary to make any substantial
ally heavy. The wear and tear on the track is so changes in the roadway. This soon proved a mistaken
excessive that it is the best policy to use the heaviest idea, for the heavier service of the new motive power
rails ánd track material, which increases the first cost soon destroyed the old roadways or damaged them so
of track work over what would be necessary if a severely that it was frequently necessary to rebuild
trolley road were being built to carry the same esti them. Even many of the earlier electric lines, for
mated traffic. On the other hand, there is no over which an original roadbed was built, are finding it ad
head construction nor the costly and troublesome rail visable to reconstruct their track with heavier material.
bonding. Allowing for everything, the cost of con But there is a good deal of divergence of opinion as to
struction work, including storage batteries and their what forms the best and most servicable practice and
equipment, is estimated for this Chicago road at the styles of construction adopted differ widely, not
#1,000 per mile above the cost of building a trolley only in different cities, but on different parts of the
road. This, of course, is materially less than conduit same roads.
Thus many unsettled questions have
■construction.
arisen as to what constitutes the best type of road,
The cost of maintenance of track is also above not only as regards weight and form of rails, railthat on the trolley road, though no exact figures joints, etc., but as to ties, and other parts of the sub
6
S T R E E T R A IL W A Y S
■ ■ ....... ........
■ .
...........
construction, and the effect of different kinds of pave
ment on the track. It is very apparent, however, that
the permanency of the construction adopted will be a
leading consideration almost everywhere.
Lightly
built track has proved unsuitable for the demands
made by electric railroading.
This does not imply that the construction of the
past has been necessarily a mistake, but rather
that the development of electric railroading has been
beyond all anticipation. Much of the re-construction
of street railroad track now being undertaken is directly
brought about because of the better city street pave
ments now laid, which make it desirable that the road
bed of street railroads shall be in such condition as to
require the minimum of repairs to either pavement or
roadway.
A track laid in a poorly paved street nat
urally does not require as much care in its construction
as in a street with a good permanent pavement, where
repairs are much more costly.
This, with the
speeds possible with electricity, the increase in the
size and the weight of cars, the frequent service and
the heavy traffic carried, all require a very substantial
track construction.
The rad must afford a good rolling surface for the
wheel, and therefore must be heavy enough to with
stand the severe pounding which it will receive, and
with a strong enough foundation to prevent any de
flection under the load. Street rails weighing 80 lbs.
to the yard are very commonly used, and 100-lb. rails
have been frequently laid in track built in city streets
in the last few years. Even heavier rails are laid on
some of the lines in New York City.
In building street railroad track allowance has to
be made for the ordinary street traffic, and most of
the newer track has been laid on a concrete founda
tion prepared much as it is usually for the best street
paving.
In some Western cities it has been the
practice of late to dispense with cross-ties in the
track where a concrete foundation is laid, and to use
what is called trench construction to support the
rails. This plan provides for a trench about 15 inches
deep and about 12 inches wide to be left when the
pavement foundation is laid. The trench is later
filled in with a concrete mixture to half its depth,
the rail then laid, and the space surrounding it filled
in with grouting. The rails are held together by
three inch angle bars, which are not intended to sup
port them as ties do, but are merely to keep them
vertical and the track in gauge.
Such a track requires the minimum of repairs.
When it becomes necessary to replace the rails, the
work can be done with comparative ease, for the
pavement does not have to be disturbed to put in
new cross-ties, the rails being merely again laid on
the concrete foundation. If the street pavement has
to be repaired or rebuilt, or if the track has to be
constructed in a street already laid with asphalt, this
form of construction seems much to be preferred over
that with cross-ties, for nearly two-thirds of the cost
in labor, paving, etc., is saved.
FREIGHT SERVICE ON ELECTRIC ROADS.
Within the last few weeks questions relating to the
right and advisability of street railroad companies en
gaging in the carriage of light freight have come up
for discussion in cities as widely separated as Spokane,
Wash., and Brooklyn, N. Y . In both cases the out
come has been in favor of the claim that such a bus
iness could be legitimately carried on, though the
nature of the cases in which these decisions were made
was not such as in themselves to warrant the assump
tion that the experiment will be tried in either city
in the near future. In Spokane the matter is of very
general interest, because it is thought to bear directly
on the development of the city as a manufacturing
centre. Its outlook as such is most promising, geo
graphical location and excellent water power giving
it important advantages.
But an unsolved problem
is how to secure cheap and quick transportation from
the factory sites near the water power, to the railroad
stations located some distance away.
A simple
method would be provided by carrying the freight be
tween the factories and the railroad stations over the
lines of the electric street railroads. The prospect of
adding to the number of factories located in the city
and increasing its manufacturing importance, if this
plan were in practice, appeals to the people of the
city, and it has been approved by the Mayor and a
number of the other influential municipal officers.
Whether the idea will be put into effect, even in an
experimental way, is still undecided. As many Western
cities are accustomed to the hauling of freight trains
through their most important streets, and to the load
ing of freight cars at stations situated in the heart of
the city, the suggestion to operate freight cars on
electric lines does not seem as novel as it might be
otherwise. The case in Brooklyn to which we have
alluded is a decision by a judge of the New York
Supreme Court that street railroads have the legal
right to operate freight cars over their lines.
The
Brooklyn Rapid Transit Co. operates a special express
car for one of the general express companies and its
right to do this was questioned by a property owner
who brought suit to test the matter.
This has now
ended in a broad decision specifically admitting the
company's right to carry goods and general freight,
which may be important later on.
There has been
some discussion of forming a company to carry freight
to the different parts of the city in special freight
cars during the night, when the lines have only a
light traffic, and while no definite proposals have yet
materialized, this decision would be most useful in
establishing the legal status of such an enterprise,
should it be undertaken.
STREET RAILW AY LEGISLATION.
Scarcely a State legislative session now ends with
out adding to the already prolific number of statutes
regulating street railroad affairs. The executive
officers of such corporations find it necessary to be
alert in following pending legislation in order to safe
guard some of their most important interests. Muni
cipal regulations, as well as State laws, are becoming
more and more burdensome and inquisitorial, and
especially with reference to matters which would
seem to be the province of each company to settle
for itself. The growing importance of these roads,
in extent of mileage, in the number of passengers
carried and in revenue earned naturally accounts for
a larger amount of legislation. The conditions of
transportation have changed so materially in recent
years that acts applicable to street railways when the
cars were drawn by horses are unsuited in their
leading features to the conditions prevailing now.
Moreover, electric railways must be regarded as still
somewhat in a process of development, advanced
more as concerns construction and mechanical equip
ment than in their public status.
STREET
R A IL W A Y S .
7
The larger matters are probably still too unsettled
The railroads are immediately concerned in pro
for any definite and uniform policy to meet perma moting the health of their men, especially those who
nent conditions being formulated.
The greater have to be trained in handling complicated appliances,
amount of legislation and proposed legislation at this and we may be sure that there would be little hesita
time does not concern these questions as much as tion in using vestibuled cars if there existed any real
minor matters in which the general public cannot have necessity for them. As a matter of fact, roads oper
very much interest. Perusal of bills before the win ating long inter-urban lines through open country,
ter sessions of many o f the State legislatures de which are the only ones on which any real reason ex
velops some curious ideas as to what is thought to ists for requiring the equipment of cars with vesti
be required of street railroads. When it is proposed bules, generally provide them on their own initia
to compel the heating of cars or the equipment of tive. Their use on cars operating in city streets is
vestibules on platforms of cars, something may rea objectionable in many ways and even on country
sonably be said in advocacy of such measures, how highways they are practically useless in the weather
ever unnecessary and onerous the regulations may be. when their protection would be greatest. In driving
But the limit of reasonableness is certainly passed storms the rain or snow obscures the vision of the
when it is proposed that motormen shall not be em motorman, and oftentimes he is compelled to let
ployed without examination as to their qualifications down the window-glass in front of him to see the
by a State or local commission, as provided in a bill track ahead. This suggestion leads to the chief o b
recently before a Western legislature; or that only jection to the platform vestibules, which is that they
residents of a city shall be employed by a street rail materially increase the liability to accident, the ex
road, as in a Michigan town; or that a city official perience of companies in Buffalo and elsewhere using
shall have power to determine what is a comfortable both vestibuled and open platform cars demonstrat
load, what cars shall be operated, and what shall be ing this.
the arrangement of the time-table, as suggested in
As stated above, sleet and snow adhere to the
Toronto.
glass in front, and it is befogged by rain, so that it
Y et all these regulations have been seriously pro must be opened to see ahead. It is thus useless and
posed in important towns or States, and stranger in the way when the motorman most needs protection.
ones still. In Ontario a member of the Provincial But in addition to that it is an obstruction at all
Legislature thinks that passengers not provided with other times as well. Enclosed in the vestibule the motorseats should pay only half fare. He does not go so man's vision is not only impaired as concerns obstacles
far as some in America, and limit the number of on the track in front of him, but he cannot readily
passengers in a car to the number for whom seats notice signals from those wishing to board the car.
are provided. In fact, he reasons somewhat differ- His ability to hear and make himself heard is con ently, and stipulates that passengers must not be ex siderably abridged, while on an open platform he is in
cluded from a car because it is loaded to its seating the best position, not only to see the track and those
capacity, nor would he allow a company to run its who may be crossing the street, but he can hear
cars past passengers because the cars were already warnings and give them to those who may inadvert
crowded. In Connecticut a thrifty country legis ently place themselves in danger.
lator proposes that railroad companies shall burn arc
The increased liability to accident from the use of
or incandescent electric lights at short specified in vestibules is thus of more serious moment than any
tervals along the highways on which their tracks are possible protection which may be afforded to motorlocated. These are only a few o f the foolish acts men and conductors by their use. Even if it were to
which have been seriously proposed within the last few be admitted that the benefit to employes was at all
months in enlightened States, but they illustrate the material, the greatly enhanced chances of accident ockind of attacks which are being continually made on curing to those who may be crossing the track, through
corporate rights.
the restrictions they place upon the motorman,
greatly outweigh any possible benefits to the em
CA R-PLA TFORM VESTIB ULES.
ployes through the equipment of cars with vesti
Every winter bills are introduced in several of the bules.
State legislatures providing that street railroad
companies' cars shall be equipped with vestibules COPPER AND ALUMINUM AS ELECTRICAL
covering the platform, for the protection of the
CONDUCTORS.
motormen and conductors. Some of them have be
Copper, because of its high properties of conductiv
com e laws but most of them fail of passage. A t the ity, is very largely used in street railroad work, and
recent session of the New York Legislature strong the great rise in the market price of that metal adds
efforts were made to pass such a bill, but they failed a serious increase in the expenses of electric railroad
of success, as did similar attempts made some time operation. The price of commercial copper has ad
ago in New York City to affect the railroads there. vanced over 50 per cent within less than a year, and
It is easy to excite sympathy and secure support for as enormous quantities of it are used by electric rail
such a measure, for at first glance it seems likely to roads, the problem of securing relief from this rising
accomplish humanitarian purposes.
This is less market is one of some moment. The advance
easily proven than taken for granted. It is, however, in price has increased
the price
of trolley
about the only ground which is advanced for com wire, feeders and bonds, and also affects mo
pelling companies to put on vestibules. If they were tors, generators and fittings in
power stations
essential to the health of those in charge of the cars, and cars, in all of which it is extensively used. Efforts
there is every reason to believe that they would be to find substitutes for it have been frequently made,
generally adopted, through self-interest if for no but so far with no very great success. It has seemed
other reason.
to be impossible to dispense with copper for the over-
of wheels ordinarily varies from 30 inches in diameter
to 33 inches, and the weight from about 300 lbB. to350 and 370 lbs. Wheels of less or greater diameter
or weight are used more or less, but may be re
garded as exceptions to the usual practice. A
33-inch wheel, weighing 350 lbs. or over, is most
commonly used, this contrasting with 30 inch wheels
weighing about 200 lbs. used on horse cars. There
seems to be a tendency, however, to put more weight
in wheels and to make those of 30-inch diameter weigh
about 325 lbs. and 33 inch wheels between 380 lbs. and
400 lbs.
The life of street car wheels, as measured by the
mileage made before they have to be replaced for one
cause or another, varies very widely on different roads*
As stated above, even under favorable conditions
electric railroad service is severe upon car wheels.
Because of the form of the groove rails, which are
generally required in city streets, the load is carried
on the flange of the wheel, instead of on the tread;
the wear of the flange is very great on curves, when
trucks with a rigid wheel base are used; on motor
trucks the wheels are drivers, and finally the high
speeds call for rather powerful brakes, which under
the severe applications required often heat the tread,
affecting the quality of the chill and sometimes
spraining the spokes.
How irregular is the life of car wheels may be
judged from the fact that figures recently published
of the average mileage made by wheels on nine or ten
different roads, before it was necessary to replaoe
them, varied all the way from 38,000 miles to 90,00(^
miles, though the latter figure is extreme. The aver
age of the whole group is about 51,000 miles. Some
roads report a maximum mileage with certain wheels
of 112,000 miles and up to 120,000 miles.
The same reports show that the chief cause for re
placing wheels, other than wearing out, is the occur
rence of flat spots caused often by improper applica
tions of the brakes, or from other causes over which
the motorman has general control.
Wheels with
flat spots form 40 per cent of those replaced on some
roads, the percentage decreasing from this figure to
10 per cent, or less, on other lines. If fiat spots occur
when the wheel is comparatively new, it can be re
ground and again run under a car until worn out o r
some other cause of failure develops. When only a
CAR WHEEL MILEAGE.
moderate additional mileage is to be expected, it does
The increasing weight of street railroad cars and the not appear profitable to re-grind wheels, especially if
harder conditions of service are requiring greater at they have to be forced off the axles. Next to flat
tention by street railroad managers to questions re spots, the irregular wear of the tread seems to be the
lating to the life of car wheels. In some respects elec most prolific special cause of failure in wheels. About
tric traction work is harder on car wheels than even 10 per cent, and even as much as 20 per cent,
steam railroad practice, and certainly more severe of the wheels taken out of service is ascribed,
than on cars drawn by horses.
The general type of to this cause. Broken or chipped flanges also often
wheel now used on electric cars, however, is prac cause wheels to be taken out, one road in fact reporting
tically unchanged from that commonly used on horse the proportion as high as 40 per cent. This may be
cars. There has been some increase in both diameter attributable to the fact already pointed out, that the
and weight, but not in pattern or metal used. Almost load on street cars, where the groove rail is used, is<
all street car wheels are o f cast iron, with chilled treads carried on the flange, instead of on the tread. Few
and spoke centres. Steel-tired wheels have been used companies seem to be able to obtain the full mileage
to some extent, but experience with them seems to be from wheels. These reports show that an average of
that the flange wears rapidly on curves, that flat spots only about 50 per cent of the wheels taken out and
are more frequent than with chilled wheels, and that replaced have been fully worn out, and in not a few
they do not have any longer life than the latter, instances this figure is reported as low as between 20although their cost is appreciably greater. The size and 30 per cent.
head wires, and the little that has been accomplished
toward supplanting it in other uses has not amounted
to very much. Various ideas have been resorted to in
these experiments. Old rails have, for instance, been
buried in the ground, and employed to carry the re
turn current to the power station; but this and all
other expedients tried have not gone very far as a
solution of the problem, or helped in any material
sense to reduce the expense for copper wire.
There seems to be but one metal, aluminum, which
can be considered as a substitute for copper as an
electric conductor. Its cost of manufacture has
been so much cheapened, and its strength and quality
so much improved that it is coming into favor as a
substitute for copper, in electrical work, and at any
thing like present quotations for the latter metal has
the strong advantage of materially lessened cost. As
yet its use in the street railroad field has not
been extensive, but it has made a successful record in
telegraph and telephone w o rk ; and the service for
which it is now suggested is not essentially different.
Even aluminum is far from being a complete substi
tute for copper, and is limited to certain work, which
includes, however, the most important 'uses. Where
it has to be insulated, this can only be done at such a
cost that the saving by its use in place of copper is
greatly reduced, if not entirly wiped out, and it is un
fitted for work which requires it to be soldered or
brazed, for aluminum cannot be readily subjected to
such manipulation.
Where it is used as a substitute for the copper trol
ley wire, it seems to be perfectly satisfactory, its light
ness, in fact, making it peculiarly adaptable as an
aerial wire. It has about 61£ per cent of the con
ductive power of copper, which is about 3 1-3 times
as heavy as aluminum. The tensile strength of hard
drawn copper wire is considerably greater than that
of hard aluminum wire. It is estimated that with
copper at 17 cents per lb., the cost of aluminum
of equal conducting power would be 34*8 cents per
pound, while the price at which aluminum is offered
for electric conductors is 29 cents per pound, or
equivalent to copper at 14 cents per pound, so that
the saving is very considerable, when used in the large
quantities required in street railroad work.
Street R ailways
SECURITIES
AND
REPORTS.
This is one of our four S upplements. In using the series it is to be remembered that they are inter-dependent
publications, complete only as a whole. I f utilized together, and with the fresh items o f news the Chronicle contains from
week to week, the investor w ill have all the information he needs in seeking a safe and remunerative lodgment for his money.
Street Railways forcibly illustrate this inter-dependence. Such roads obviously rely for their income, and therefore in
great part for the value o f their securities, upon the population and activity o f the country they serve. Hence constant
reference to our State and City Supplement will be found necessary by those wishing to purohase the stocks and bonds o f
street roads. Population, assessed valuation, tax rate, total debts of the counties, oities and minor municipalities are given at
length in that publication, every one of which items is an essential fact contributing more or less to any correct estimate of
the amount of suburban travel a given road commands.
The A bbreviations used in our Street Railway statements w ill be found explained in a table immediately follow ing the
last statement in this Supplement.
A full I ndex which shows where each railway will be found is also given on the dosin g pages.
A K R O N , O H IO .
P opulation 1890 was 27,601; in 1880
AND in 1870 was 10,006.
was
16,512;
A K R O N T R A C T IO N & E L E C T R IC —
O rganization —This was the Akron Street Railway & Illuminating
Company, sold at foreclosure March 28, 1899, and purchased by a
syndicate headed b y Henry A. Everett of Cleveland. The new owners
took possessionJMay 1,1899. The terms of the reorganization were
giveu in the Supplement of February, 1899. Mr. Everett is also
President of the Cleveland Electric Railway and the Akron Bedford
& Cleveland, and it is reported that the road is to be operated in
affiliation with the latter. By connection with the Akron Bedford &
Cleveland the road reaches Cleveland, Ohio.
Maturity
Stock & Bonds—
Date. Interest. Outstanding.
Common stock, par $100 ........ ............
$ 1,000,000
............
Pref. stock, 5 p. c. non.-)
1, 000,000
.............
cum., par $100............. $ .......... .............
Akron St. RR. 1st M.......o* 1888 6 F -A
(?)
Aug. 1,1908
Bonds, gold, $1,200,000 ) , Q Q
Q
5 g.
900,000
1923
($1,000 eaoh)................ f iayy
P lant —Operates about 22 miles of track in the city of Akron, Ohio’
and suburbs, its line extending to Cuyahoga Falls and Silver Lake,
Jan. 1,1897, had 14,000 incandescent lights against 7,000 in 1896.
> Elee. p r o p e r t i e s .— Street railways.— , Total both.
—
EARNINGS— Gross.
Net.
Gross.
Net.
Net.
1896, total gross (both properties)...$214,246
............
$86,117
1895............... $55,652
$25,431
133,604
$55,106
80,537
OFFICERS—President, Henry A. Everett, Cleveland, Ohio.—Y. 66, p.
132, 573; Y. 67, p. 1355; V. 68, p. 425, 616, 869.
AKRON & CUYAHOGA
T R A N SIT— trolley road.
A
FALLS
R A P ID
S tock & Bonds— Miles. Date. Interest. Outstand’g. Maturity.
Stfk,$l,000,000,$100 ....................................... $1,000,000
.............
1st mtge., $600,000..
23 1895 6 p . o.
400,000 Sept. 1,1915
West End Trust & Safe Deposit Co. (trustee), Philadelphia.
Road—23 miles. Rails 66 lb. f . Pres, and Gen. Man., T. F. Walsh
A L B A N Y , N. Y .
P opulation 1890
93,313; in 1880
AND IN 1870 WAS 69,422.
was
was
90,758;
A L B A N Y H E L D E R B U R G & S C H O H A R IE
E L E C T R IC R A I L W A Y — be a trolley road.
To
O rganization , Et c .—Chartered Nov. 15,1895, to build a road from
Albany over the Helderburg Mountains to Middleburg and Schoharie,
with a branch to Clarksville, making altogether 45 miles. Will also
carry freight. Stock, authorized, was increased from $300,000 to
$1,250,000 in March, 1899; par $100. To be constructed during spring
o f 1899. The Albany Construction Co. (93 State Street, Albany),
which is building the road, increased its stock from $5,000 to $250,000
n April, 1899, for this purpose.
O fficers—President, W. H. Burgett, Boston; Treasurer, Charles E.
Bibber, 49 Federal Street, Boston.
A L B A N Y R A I L W A Y — trolley road.
A
O rganization—Chartered in Ì863. Operates 6 lines through prin
cipal business streets to Troy, Cohoes, Watervliet and Rensselaer.
Has no competition. The Watervliet Turnpike & RR. is leased for 999
years at o f 1 per cent on $240,000 stock and 6 per cent interest on
bonds; owns 16 miles. The Cohoes City Ry., 4 1 miles (stock, $50,.
4
000), is controlled by parties interested in the Albany Ry.
STOCK & Bonds—
Date. Interest. Outstanding. Last div., dtc
Stock (see text) par $ 1 0 0 .........
6 Q.-F. $1,750,000 M ayl’9 9 ,l1
a%
1st Mortgage................... 1865
5 J.-J.
29,000 Jan. 1,1905
4th Mortgage.................. 1880
6 M.-8.
11,500 Moh. 1,1905
5th Mortgage.................. 1888
5 M.-S.
32,000 Sept. 1,1913
Consol. M. ($500,000),) 1890 5 g J.-J.
428,000 Jan. 1,1930
o'" gold $ 1 ,00 0 ).........s Interest at Central Trust Co., New York.
Gen.ld. $750,000, g old .. 1897
5g.J.-D.
349,000 June 1,1947
Leased line securities—
Wat.T.&RR.—St’k $100 .........
^ t>. o.
$240,000
...............
1st M. int. guar............
1889 6 M .- N .
350,000
May 1,1919
2nd M., p. & i. gu a r.. . . . 1890 6 M. - N.
150,000
May 1,1 91 9
S tock —In 1896 stock was increased from $1,500,000 to $2,000,000.
Bon ds — The general mortgage of 1897 is for $750,000, of which $349 *
000 issued for extension to Cohoes and $401,000 reserved.
DIVIDENDS—In 1892, 6 p. o.; in 1893, 12; in 1894, 6; in 1895, 6
1896, 6; 1897, 7; 1898, Feb., 7H; in 1899, Feb., 1 p. o.; May 1, I I 3 p. c.
ROAD—Company in June, 1898, operated 40 miles of track in oity o f
Albany and suburbs, extending also to Troy, Cohoes, Rensselaer and
Watervliet, as follow s:
Track owned in fee.
Miles. I Track leased.
Miles.
Mainline and brs. (trolley). 24
|Watervliet Turn. & RR. Co. l 6
Earnings.—9 months ending March 31:
Other
Int.,
9 mos.
Gross.
Net.
income, taxes, etc. Balance.
1898-99................ $498,403 $176,880 $1,261
$78,801
$99,340
1897-98................ 469,835
173,846 2,144
73,821
102,169
ANNUAL R eport —Years ending June 30th. (See V. 67, p. 9 5 1 .)
1898.
1897.
1898.
1897.
Gross earns.$627,586 $556,966
In te r e s t.......$41,795
$27,925
Net............ 228,091
208,568 Taxes, eto....... 59,424
52,091
Other incom e...
8,232
2,168 D ividends___ 122,500
93,750
Netinoome. 236,324
210,736 Bal.foryr.sur. 12,604 sur.36,970
GENERAL BALANCE SHEET JUNE 30, 1898.
Assets.
Liabilities.
Cost of road.. . . . . . . . . . )
kat qao Capital stock & scrip ... .$1,750,000
Cost of equipment.. . . >^>047,
849,000
Funded debt..................
Stocks & b’ds, other cos. 117,049 Int. due and accrued.. . .
2,192
Cash on hand..............
17,355 Open aooounts, eto.......
52,705
Open aooounts...............
23,177 Profit and loss, surplus.
66,253
Supplies on hand..........
15,206
$2,720,150
$2,720,150
OFFICERS—Pres., Robert C. Pruyn; Seo., James McCredie; Treas. and
Gen. Man., John W. McNamara. Puroh. Agt., E. S. Fassett.—V. 67, p.
9 5 1 ,9 5 4 .
A L E X A N D R IA , V A .
P opulation 1890 was 14,339; in 1880
IN 1870 was 13,570.
was
13,659
W A SH IN G -TO N A L E X A N D R I A & MT. V E R
N O N R Y -—
Underground trolley in Washington; overhead outside.
STOCK & Bonds—
Date. Interest. 0ul8land'g. Maturity.
Stock, $1,000,000 (par $50) .........................
(?)
............... .
1st mort., $750,000, gold .. 1895 5 g. F.-A.
700,000 Aug. 1,1925
Trustee, Real Estate Trust of Phila., pays Interest.
Road .—Operates from Washington, D. O., (13^ St. & Pennsylvania
Ave.) to Mt. Vernon, 17 miles; extensions to Arlington Cemetery and
Rosslyn, Va., etc., 8 miles; total track (Jan., 1899), 25 miles; T rails.
OFFICERS.—President and General Manager, Griffith E. Abbott,
Secretary, Frank K. Hippie; Treasurer, J. K. Swartz. Office, A lex
andria, Va., and Washington ,D. C.—V. 61, p. 474.
10
S T R E E T R A IL W A Y S
ALLEN TO W N , PA.
P opulation 1890
was 25,228; in 1880 was
and in 1870 w as 13,884.
ALTOONA, PA.
18,063;
P opulation 1890
was 30,337; in 1880 was
and in 1870 was 10,610.
19,710;
A L L E N T O W N & L E H IG H V A L L E Y T R A C
T IO N — . trolley road.
-A
A L T O O N A & L O G A N V A L L E Y E L E C T R IC
R A I L W A Y - A trolley road.
ORGANIZATION—Chartered May 31, 1893. Owns and operates 45
miles o f electric road in the Lehigh Valley in Lehigh and Northamp
ton counties, connecting the city of Allentown with the boroughs of
Bethlehem, South Bethlehem, Fountain Hill, West Bethlehem, the
Catasauquas and Copley, and the towns of Whitehall, Seigfrieds,
Northampton, Aineyville and suburban Allentown. The combined
population o f towns and villages served by the system in 1890 was
77,315; in 1880 was 51,074. “ Franchise runs for 999 years and gives
exclusive rights to operate street railways in all said towns, boroughs
end city;” company also owns 9 miles private right of way connecting
certain o f the above-mentioned towns. The control in the property is
held thiough ownership of the entire capital stock of the companies
below, which have been absorbed, their entire capital stock (except
live shares of each to qualify directors, and a portion o f the Electric L
& P. stock not owned) having been placed in trust for the benefit of
security holders. Their corporate existence, however, is preserved for
legal reasons, valuable rights being conferred by some of their old
charters, including the right of eminent domain.
STOCKS O wned—The capital stocks of the following companies are
all owned, except a portion o f the Electric L. & P. stock, viz.:
ORGANIZATION—Incorporated Dec. 12, 1892, and April 17,1893, ac
quired by purchase $170,000 of the capital stock of the City Passenger
By. Co.; also owns 18-7 miles constructed under its own charter. Road
opened June 15,1893. Controls Lakemont Park Co., stock $65,000.
STOCK & Bonds— Miles. Date. Interest. Outsta'g. Last Div.. etc.
......................
Stock, $500,000, $50 ..................................... $380,350
1st M. $500,000 g old ) 16*3 1893 5 g. J-J 480,000
July 1,1923
$500 and $l,000.c. > Sink. fd. 1 p. c. yearly; bds. subj’ ct to call at 105.
Int. at Cassatt & Co., Phila., and 1st Nat. Bk., Altoona
Other bonds in 1898 .....................................
(!)
.......... ............
Bills payable June 30,11898, $34,057.
City Passenger Ry.—
Stock, par $50.................................................... See text.
(!)
1st mortg’e $50,000,) 71« 1892 5 J - J
50,000
Jan. 15,1912
$1,000................. r. j Interest by Treasurer, Altoona.
Capital stock o f Passenger Railway is $200,000, o f which on June 30,
1896, $174,550 was owned by Altoona & Logan Valley Electric Ry.
Bonds—Sink. fd. on Altoona <t Logan Valley Electric By. Co. 1st M. 5s
commenced July 1, 1894; not less 1 p. 0. par value o f outstanding
bonds must be appropriated out of net earnings to retire bonds at or
below 105 and accrued Interest. To Jan. 1,1896, $10,000 of bonds had
been redeemed.
Dividends—In 1896 paid 21* per cent; in 1896-97 paid 2 *2 p. 0.
Road—On July 1, 1898, was operating 26-2 miles of track (of which
7!g miles owned by City Passenger Ry.) connecting Altoona, Bellwood
and Hollidaysburg.
ANNUAL R eport .—For years ending June 30, on 19 miles o w n ed :
1897-8. 1896-7.
1897-8. 1896-7.
Gross earnings .$79,338 $83,051 Taxes, etc.............. $4,741 $2,866
Sinking fund.......... 5,000
5,000
Net earnings.......AO
> 00 ¿-1
Dividend reo'd... 40’ 105 $ dH>
411 Dividend.............................
9,509
Interest paid.......25,275
25,000 Bal. for year...sur.5,089 df.3,964
The City Passenger Ry. for year ending June 30,1898, had, gross
$63,909; net, $18,109; surplus over charges, $5,080.
OFFICERS—President, John Lloyd; Secretary and Treas., C. A. Buoh,
CAPITAL STOCKS OWNED.
Lehigh Valley Trac’n Co. $75,000 Bethlehem & South Beth
Allentown & Bethlehem
lehem Street Ry. C o ... $200,000
Rapid Transit Co.1,000,000
Catasauqua & Northern
Allentown Passenger Ry.
Street Ry. C o ...............
50,000
Allentown Elec. L. & P.. 150,000
Co........................... 200,000
Bethlehem & Allentown
Rittersville Hotel Co. &
Street Ry. Co....... 100,000
Park............................... 100,000
The outstanding securities on the property are as follows :
STOCK & Bonds—
Date.
Interest. OutstancPg.
Maturity.
Stock, $4,000,000, par $ 1 0 0 .......................... $4,000,000 .....................
Allentown & Leh. Valley $ 1893 5g. M - S
750.000 Sept. 1,1913
Traction, 1st M „ gold.c* ( Int. at N. Y. Security & Tr., N. Y ., trustee.
Allent’n & Beth. R ap.T r.. $ 1891
6g. J -J
(!)
July 1,1911
1st M. $500,O 0, gold ... \ Subject to call at 110 on July 1,1896.
i
^Traction Co conso^ST X1895
5 g .J -J
See text. Jan. 1,1925
S r $ 2 ,^ 0 0 0 ? g o l d .. c* \ Guaranty Trust Co., N. Y., trustee.
A M H E R S T , M ASS.
Unfunded debt June 30,1898 (see below ).................................. $804,171
P opulation in 1890 was 4,512; in 1880 was 4,298;
Interest on All. & Beth. R. T. is payable at Old Col. Tr.. Boston, trustee.
and in 1870 was 4,035.
Bonds—The consolidated mortgage o f 1895 for $2,000,000 was au
thorized Jan. 17,1895. The mortgage covers the entire system. Of
A M H E R ST & SU N D ER LA N D STREET R Y the $2,000,000 authorized, $1,300,000 are held in trust to retire at
O rganization .—Chartered in 1896 and purposes to build about
maturity $1,250,000 prior bonds, of which $500,000 were subject to 8 miles o f single track from Amherst, Mass. Road In Amherst (about
call July 1,1896. The balance when sold w ill extinguish the floating 4*5 miles) opened in July, 1897, and during the year ending Sept. 30,
debt.
1898, carried 211,585 passengers. Stook subscribed for, $22,000.
The A. & B. Rapid Transit seoond mortgage for $200,000, scouring First mortgage bonds for $21,500 issued Feb. 1,1898, and used as
debt o f $200,000 in dispute, has been declared valid (V. 65, p. 1218), collateral for bills payable. Gross earnings from operation for year
and A. & L. V. in January, 1898, was ordered to pay the mortgage and ending Sept. 30,1898, $10,601; deficit from operation, $1,749. Presi
interest, $246,200; trustee, Old Colony Trust, Boston.
dent, W. D. Cowls; Clerk, Chas H. Edwards; Secretary and Treasurer,
Road—Id July, 1898, owned and operated 29 miles of road (43 Moody Harrington; Supt. and Gen. Man., L. N. Wheelock.
miles o f track) in the Lehigh Valley; gauge, 4 ft. 8*2 in.; 60 and 70
lb. T and girder rails; 70 motor oars. In Maroh, 1898, it was reported
that extension was contemplated from Coplay to Egypt, 4 miles.
A M S T E R D A M , N. Y .
ANNUAL R eport .—For year ending June 30,1898, gross, $227,669;
P opulation 1890 was 17,336; in 1880 w as 9,466;
net, $107,784; Interest, taxes, etc., $92,609; balance over charges for
and IN 1870 was 5,426.
year, $15,175. In 1896-7, gross, $214,845; net, $98,830.
A M S T E R D A M S T R E E T R R .— trolley road.
A
GENERAL BALANCE SHEET JUNE 30, 1898.
O rganization—Chartered Feb. 5,1873.
Liabilities.
Assets.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
Road and equipm ent...$1,765,124 Capital stock....... $4,000,000
Stocks other companies 1,956,497 Funded debt........ 1,183,000
Stock $250,000 ($100)......................................... $250,000 ......................
Loans....................
804,171
A. «&B R. T. leases and
ls tm o rt.,$250,000,g old .. . 0* 1898 4-5g.A -0 159,000 Oct. 1,1920
203,178 Bills payable (Dec. 31,1898).............................
real estate.................. 2,500,000 Purchase account........
6,337 ......................
85,021 Interest accrued
Electric Light Co..........
38,802 Accounts payable, etc.
do
1,715 ....................
Aocts. reo. and supplies.
19,455 Profit and loss.....
107,247
B onds.—In Oct., 1898, the mortgage debt was re-arranged, the old
Dlsc’nt & suspense acc’t
98,073
6s being retired and new mortgage bonds being issued in their stead.
Cash on h a n d .................
4,704
O f the new 1st mortgage bonds $50,000 are 5s and $109,000 4s, the
Total......................... $6,382,618
Total.........................$6,382,618 latter to receive 3*2 per cent additional interest, if earned, to equalize
OFFICERS—President, Albert L. Johnson, 71 Broadway, New York; the sacrifice of 1 per cent on the interest rate. For back interest
Sec. and Treas., A. F. Walter, Allentown, Pa.—V. 65, p. 1218 ; V. 6 8 ' from October, 1893, $20,000 1st income and $30,000 2d income 5s,
p. 976.
due 1920, interest J. & J., were given. No back interest or interest on
incomes paid to Feb., 1899.
ROAD.—Owns 4*7 miles of track. Rails 48 lbs.
A L T O N , ILL.
LATEST E a r n in g s —3 m os.,) 1898 9 ....... Gross, $9,107; net, $1,684
P opulation in 1890 was 10,294; in 1880 was 8,975;
Nov. 1 to Jan. 31.
) 1897-8....... Gross, 9,114; net, 1,876
and in 1870 was 8,665.
EARNINGS—For year ending November 30,1898, gross, $53,905; net,
A L T O N R A I L W A Y & IL L U M IN A T IN G —
$14,043. In 1896-97, gross, $49,264; net, $11,048. In 1895-96, gross,
O r g a n iz a t io n —Organized July, 1895, to consolidate the Alton Elec- $49,021; net, $10,168.
trio Street RR., Light & Power Co., the Alton Improvement Associa
O fficers—President, John S. Wise; Secretary and Treasurer, R. G.
tion and the Alton & Upper Alton Horse Ry. & Carrying Co., which Day; Manager and Purchasing Agent, E. F. Seixas. Office. 20 Broad
union was perfected August 20, 1895. Franchise runs until 1915. St., N. Y. City.
__ tr*
Population o f Alton, Upper Alton and North Alton in 1896 estimated
at 21,000. Owns Rock Spring Park o f 20 acres with lake.
A N D E R S O N , IND.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity.
P opulation in 1899 (local estimate ) was 25,000 ; in
Stock, par $100 .........................................
$250,000
.....................
Alton Improv. Asso. ) ....... .
5 M-S
25,000
1899-’04-'09
1890 WAS 10,741; in 1880 was 4,126
1st M., cur.............. s Interest at Alton Savings Bank.
AND in 1870 was 3,126.
Alton Ry. & HI. 1st M., ) 1895 5 g. A-O
225,000
Oct. 1,1915
$250,000, g., $l,000.c* 5 Interest at Manhattan Trust, New York.
A N D E R S O N E L E C T R IC S T R E E T R A I L
Road—Owns 9 miles of single track equipped with overhead trolley W A Y . - S e e Union Traction Co. below.—V. 67, p. 224.
and serving Alton, Upper Alton and North Alton. Oars—10 electricU N IO N T R A C T IO N CO.— A trolley road.
m otor cars and 5 trail cars. In Nov., 1898, extension to East Alton,
ORGANIZATION.— Chartered Sept. 8 , 1897. Commenced operations
5 miles, reported to be proposed, contract to be let early in 1899.
EARNINGS—
About 60 per cent of earnings come from the railway Jan. 1,1898. In July, 1898, absorbed Anderson Elec. Street Railway
and 40 per cent from the light and power plant. For the year ending and in Jan., 1899, the Elwood Electrio Street Railway.
Qtock & BONDS—
Date. Interest. Outst'd'g Maturity.
Sept. 30, 1898, the railway and light and power earnings were, gross,
Stock, $300,000; par, $100.....................................
...............
$77,587; net, after payment of taxes, $32,658; interest, $15,050; Anderson Elec. Sr. 1st M., g. > 1892 6g. J - J $300,000 July y i 2
150,000
balance, surplus for year, $17,608.
(#1 000 eaoh) assum ed....o 5 Int. at Farm. L. A T. Co., Trus.,N.Y.O.
1898 5 g. Q-J 450,000 J ’ly 1,1918
O fficers—President, Treasurer and Purchasing Agent, J. F. Porter ; New mortg., $«00,000, gold,)
$500 each.......................... • S Int. at Farmers’ L.<fe T.Co.,Trustee, N.Y.
•
Vioe-President, H. O. Priest; Secretary, H. S. Baker.—V. 66, p. 6 1 5 .
ST R E E T
Road In August, 1898, owned 17 miles in operation from Anderson
to Summitville (where connection is made with the Marion City Ry.
for Marion), including 3 miles in Alexandria. Also building from
Alexandria to El wood, 9nj miles, to be completed about June 1,1899.
In Jan., 1899, further extensions were contemplated and the Elwood
Electric St. Ry., operating 5 mUes of road in Elwood, had been ac
quired.
Bonds Of the new 5s of 1898 $150,000 are reserved to retire the
Anderson Elec. 1st 6s of 1892.
O fficers—President, Philip Matter; Secretary, Ellis C. Carpenter;
Treas., John L. Forkner; Mgr., Charles L. Henry.—V. 67, p. 224, 372.
ANN
ARBOR,
was 11,071 ; in 1880 was
and in 1870 was 7,363.
Population 1890
was 8,338; in 1880 was
and in 1870 was 1,999.
8,061 ;
A N N A R B O R & Y P S IL A N T I E L E C T R IC R Y .
—Absorbed in May, 1898, by Detroit Ypsi. & Ann Arbor. See Detroit.
A N N IS T O N , A L A .
P opulation 1890
was
9,998;
in
1880
was
942.
A N N IS T O N E L E C T R IC C O .O rqanization—Succeeded to the property of the old Anniston City
Ry. in May, 1896, by purchase from Howard W. Sexton, trustee.
In 1898 it was enlarging and improving the plant.
OFFICERS.—President, Treasurer and General Manager, H. W.
Sexton.
OXFORD LA K E L IN E ORGANIZATION—Organized in 1884. In Mav, 1899, bill to foreclose
the 1st mortgage for $175,000 was filed. It is said no interest has
ever been paid on the bonds. Howard W. Sexton, the President, was
appointed receiver.
„ S tock & Bonds—
Date. Interest. Outstand'g. Maturity.
Stock, common ($50 par).... .......................... $125,000
Preferred ($50 par)...........
...................
* 0,000 ..........................
1st.mortgage, . . - - - - - gold, ($1,000) >PI— 6 g. F-A
-------------v 1892
175,000
1912
sinking fu n d ................ o* \Trustee, So. Bank’g & Tr., Atlanta, Ga.
Interest payable at Boston or Atlanta.
Road—Oxford Lake to West Anniston, 6710 miles; side track, 810
miles; total track, 7*2 miles. Eight motor oars and 2 trailers.
OFFICERS—President, Gen. Manager and Pur. Agent, H. W. Sexton
—V. 68, p. 928.
op township
1890
was
8,333;
in
1880
was
1,640.
A T L A N T IC COAST E L E C T R IC
R Y . - S e e under
L ong B ranch, N. J. Controls the Seashore Electric Ry.
A S B U R Y P A R K & S E A G IR T E L E C T R IC R R .
ORGANIZATION—Successor of the Asbury Park & Belmar Street Ry.,
purchased at foreclosure sale in March, 1898, in interest o f Atlantic
Coast Electric Ry., which, since June, 1897, has operated cars over it
under 999 years’ lease, rental being interest on bonds and 6 per oent
on stock.—V. 66, p. 616. Owns 2J* miles of track. Stock, $100,000;
par, $100; dividends, J-J, first dividend, being payable Jan. 1,1899.
Bonds are 20-year $50,000 gold coupon 5s, dated March 1,1898, in
terest, M-S, being guaranteed and payable at Mqnmouth Trust Co.,
Asbury Park, trustee. Bonds are subjeot to call at 105 at any time.
OFFICERS—President, G. B. M. Harvey; Secretary and Treasurer, A.
C. Twining, 32 Nassau Street, New York.
Index —Y. 66, p. 616.
S E A S H O R E E L E C T R IC R Y .— A trolley road.
O rganization—Chartered in 1888, and has franchise to operate a
double-traok street railway in borough of Asbury Park for 50 years,
with provisions for renewal at end o f that time. Leased in 1896 for
50 years to Atlantic Coast Electric Railway—whioh owns $150,000 o f
the stook and operates this road as part of its system—see under Long
Branch.
S tock & Bonds—
Date. Interest
Outstanding.
Maturity
Stook issued and paid in ..............................
$200,000
..........
200,000
1917
1st M., $200,000, auth., ( 1892 6 g J' J
g o ld ,g w ....
^ Iiitl8iiwal)l6| lbject to oall at 105 in 1897
FirstNat. Bk., Asbury Park
Atlantic Coast ESleotrio first mortgage 5 for $200,000 are reserved
to retire the above 6s.—Y. 63, p. 152.
A S H E V I L L E , N. C.
Population 1890
was 10,235; in 1880 was
and in 1870 was 1.400.
2,616;
A S H E V IL L E S T R E E T R A IL W A Y —A trolley road.
O rganization —On April 7, 1899, property was still in hands o f j !
E. Rankin, Receiver.
Date.
S tock & Bonds—
Interest. Outstanding. Maturity.
Stook, oommon................. ...........................
$100,000
............. f
Pref. stock, 6 p. c. cum ... ........
v.......
200,000
...............
«
26,500 July 1,1918
1st M „ $50,000 ($500).... 1888 *
Interest at Atlantic Trust, New York Citv
Mortgage.........................o* 1893
6 J -J
73,500 July 1, ig<03
KOAD—Operates between 6 and 7 miles of traok.
Earnings-—In year 1898 gross earnings from passengers were
$38,451. Including other income, $3,158, total net was $7,663.
ASH LAND,
P opulation 1890
was
9,956,
W IS .
and in
1880
was
951.
A S H L A N D L IG H T , P O W E R A N D S T R E E T
R A I L W A Y -A trolley road.
4,445;
A S H T A B U L A R A P ID T R A N S IT —
O rganization—Chartered Oct. 7, 1890. According to company’s
official statement, population of city in 1895 was 12,240.
STOCK & Bonds— Miles. Date. Interest. Outstanding. Maturity.
Stock.. ............................................................
$150,000
............
1st M., $75,000, gold, ( . . . . 1891 6 g . J - J
75,000 July 1,1911
1,000................ o\fer ( Int. at Central Trust Co., Trustee, N. Y. City.
Road—Operates 5 miles of track on 5 miles of street.
O fficers—President, F. B. Wagner; Vice-Pres., F. J. Wettaoh; Sec
retary, Gen, Man. and Pur. Agt., T. Frioker; Treasurer. E. W. Savage.
A S T O R IA ,
OREGON.
P opulation 1890
was 6,184 ; in 1880 was
and in 1870 was 639.
2,803 ;
A S T O R IA ST R E E T R A I L W A Y - A trolley road.
O rganization—Chartered Nov. 1 2 ,1887.
STOCK & Bonds— Miles. Dale. Interest. Outstand'g. Maturity.
Stook, $200,000..................................................
$55,000 ...............
1st M., $25,000, gold.
3
1892 6 g. M-N
25,000 May 2,1912
Interest is payable at the offloe o f the Security Savings < Trust Co.
&
(trustee), Portland Ore. From 1899 to 1906 one bond must be oalled
yearly at par; from 1907 to 1909 three bonds yearly, and in 1910
and 1911 four bonds yearly.
Road—Operates 3 miles o f track.
OFFICERS—President, J. W. Conn; Vice-President, W. A. Sherman;
Secretary and Superintendent, F. W. Newell ; Treasurer, F. R. Stokes.
A T C H IS O N , K A N S A S .
Population 1890
A S B U R Y P A R K , N. J.
Population
O rganization—Chartered in February, 1896, as successor to Ashland
Lighting & Street Ry. Owns exclusive electric light and gas rights in
city, and bonds cover lighting plant. Population in 1895 said to be
12,690.
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
Stock, $300,000 ($100).............................
$150,000 ......................
1st M., $150,000, g o ld ) 1896
5g. J.-J.
110,000
Jan. 2,1916
($l,000),s.f.,red.l04.o > Interest at Old Colony Tr., Boston, trustee.
EARNINGS—Year ending Oct. 1, 1898, gross, $39,638. The gross
earnings of the old company for the year ending Sept. 1,1894, were
$64,446. Road—Operates 6 miles of trolley track.
OFFICERS—Pres., G. W. Harrison; Sec. and Treas., G. F. Merrill.
A S H T A B U L A , OH IO .
M IC H .
P opulation 1890
11
R A IL W A Y S .
in
13,963; in 1880
1870 was 7,054.
was
was
15,105;
A T C H IS O N R A I L W A Y , L IG H T & P O W E R ORGANIZATION—Successor in 1895 to the Atchison Railway, Eleotrle
Light & Power Co. In 1897 reported to have purchased Forest Park
and other property for $125,000. Population, local oensus o f 1895
was 15,790.
STOCK & Bonds— Miles. Date. Interest. Outstand'g.
Maturity.
...
$200,000
^
Stk.$300,000,pr.$100 ..................
1st M., golcL..........................
1895
6 g.
150,000 July 1,1915
Consol, mortgage.
..........
1897
___
(!)
............
Trustee o f 1st mortgage, Mercantile Trust Co., N. Y.
Road—Operates 8 4i miles of traok on 8 miles o f road.
OFFICERS—President, J. P. Pomeroy; Vice-President, W. P Wag
goner; Treasurer, C. S. Hetherington.
ATH E N S, GA.
P opulation 1890
was 8,639; in 1880 was
and in 1870 was 4,251.
6,099;
A T H E N S E L E C T R IC R A I L W A Y — trolley road.
A
O rganization—Purchased road at foreclosure sale in June, 1894.
New charter granted June, 1895. Has oontraot to furnish aro light«
o city; also incandesoent lamps to private parties. Uses water power
for generating electricity.
S tock & Bonds—Capital stock. $50,000, fully paid. Bonds, first
mortgage, gold, $100,000; denomination $500, 6 per oent coupon,
J. & J.; dated July 1,1896, due July 1,1916. Columbus Savings Bank
of Columbus, Ga., trustee. Interest payable in Columbus or Athens.
PLANT—O ns 6 m
w
iles of traok; 40-lb. and 70-lb.T rails and
70-lb.
girder; 10 m
otor oars; lighting and pow plant, horse pow
er
700
er; 55
m
iles oopper w
ire on m
15 iles of poles.
Earnings—Fiscal year changed to Deo. 31. Gross, 6 mos. ending
Dec. 31, 1898, $16,321; net, $10,779; interest and taxes, $4,213.
surplus, $6,566. Earnings under water power for year 1897-8 were
$27,045 (being 49% from railway and 51% from lighting and power);
net, $15,708. In 1896-97, partly water, partly steam, net, $8,376;
net, in 1895-96, $4,165; in 1894-95, net, $3,079. Water power now in
use is expected to largely increase net earnings.
OFFICERS—President, W. S. Holman; Vice-President, J. Y. Carithers;
Secretary and Treasurer, W. T. Brvan: Gen. Manager and Purchasing
Agent, C. D. Flanigan. Supt., H. M. Hughes.
A T H O L , M ASS.
P opulation 1890
was 6,319; in 1880 was
and in 1870 was 3,517.
4,307;
A TH O L & O R AN G E STREET R A IL W A Y —
A trolley road.
URQANIZATION—This company Oot. 1,1898, owned 7 miles o f electri ■
railway, extending from town of Athol to centre of Orange, Mass
Completed Oct. 1,1894. Its securities, etc., are shown below.
Stook (par $100)........ $60,000 f. p.
Earnings years end. Oot. 1:
IstM . i$l,000), gold, ’94..$60,000 _
1898.
1897.
5g., J&J, (no option) Jan. 1,1915 Cross................. $29,339 $32,550
Our. liabilities Sep. 30,’98. $6,000 y® *-.-.......... .
10,853
8,980
f* assets Sept. 3 0 ,’98... 6,595 Int., taxes, eto.. 5,003
3,271
Dividends........... 4,800
4,800
12
ST R E E T R A IL W A Y S .
_______)
DIVIDENDS—In 1895, 5 p. c.; in 1896, in 1897 and in 1898, 8 p. o.
O fficers—George D. Bates, President, Athol, Mass., Wm, D. Luey.
Treasurer and Corporation Cleric, Athol, Mass.
A T L A N T A , GA.
P opulation 1890 was 65,533; in 1880
AND IN 1870 was 21,789.
was
37,409;
A T L A N T A C O N SO LID A TE D ST R E E T R A IL
W A Y — trolley road.
A
ORGANIZATION—Incorporated in 1891. A consolidation o f this road
Road—Owns 13+ miles of track extending along Seward Avenue,
North Street, etc. and from Genesee Street to foot of Lake Owasco.
EARNINGS—For years ending June 30:
Gross.
Net.
Taxes.
Interest.
Balance.
1897-8..................$62,772 $26,977 $2,364
$20,805
sur. $3,808
1896-7.................. 59,849 26,180
2,493 16,145
sur. 7,542
O fficers—President, C. D. Beebe; Secretary and Acting Treasurer;.
A. M. Michael. |
nd X—V. 61, p. 749.
A U G U S T A ) GA.
P opulation
in 1890 was 33,300 ; in 1880 w as 21,891 ;
with the Atlanta Street Railway and the other street car lines in At
and in 1870 was 15.389.
lanta has been arranged. At the time this issue of the Supplement
A U G U S T A R A I L W A Y & E L E C T R IC CO--A
went to press the consolidation had not yet been entirely completed. trolley road.
It is reported, however, that the new company will have $2,000,000
ORGANIZATION—A reorganization in 1896 of the Augusta Railway,,
stock and $5,000,000 5 per cent gold bonds; of these latter $2,250,000 the Augusta Light Co. and the Thomson-Houston Co.
are to be reserved against outstanding issues, and $2,000,000 to be
S tock & Bonds—
Date. Interest. Outstanding.
Maturity..
sold, while $750,000 were to be used only to build an electric-lighting Stook..................................................................
$600,000
............
448,000
1916
plant and for extensions and improvements. Possibly the Georgia 1st mort., $500,000, gold, 1896 5 g J -J
Trustee is No. Amer. Trust Co., N. Y. Bonds subject to call at 105.
Electric Light Company may be acquired instead o f building a new
Earnings—For calendar year 1897 total gross, $164,887; net, $67,lighting plant.
STOCK & Bonds — Date.
Interest. Outstanding.
Maturity• 195; interest on bonds, $22,025; balanoe, $45,170.
ROAD—Operates 261 miles o f tra ck ; 15 miles of street.
a
Stock (par $100).....................
.........
$2,000,000 paid in.............
Atlanta St. RR. first ( 1890
6 g. J .- J.
225,000 July 1,1920
OFFICERS—Pres., D. B. Dyer; Secy., C. B. Reavis; Supt., W. E. M oore.
gold $1,000............. I Interest is payable in New York at 4th Nat. Bk.
INDEX—v . 60, p. 391; V.61, p. 793; V. 62. 820, 907; V. 63, p. 115.
1st cons. M., $2,500,- f 1899 5 g . J .-J .
2.025,000 July
000,g,($1,000 each) 1 Interest payable in N. Y. at N. Y. Sec. & 1, 1939.
Tr. Co.;
Subj. to call after 5 i aiso at Merc. Tr. & Dep. Co. of Balt., trustee;
years at 1071
s..c* 1
Income bonds, gold, ? 1894 8 g .........
$106,000 ) Optional but
A U G U S T A , ME.
*1,000 each............. ( Int. if earned payable at Atlanta. > due 1924.
P opulation 1890 was 10,527; in 1880 w as 8,665;
Incomes.—Issue was $212,000, but $106,000 have been paid.
and IN 1870 was 7,808.
New refunding mortgage.—Of the 5s of 1899, $2,025,000 were used
A U G U S T A H A L L O W E L L & G A R D IN E R
to retire an equal amount of 6s issued in 1891, $225,000 are reserved
An electric road.
to retire the 6s maturing July 1,1920, and $250,000 for improvements R A IL R O A D —
ORGANIZATION—Organized March 18,1889, under laws of Maine.
and new equipment.—V. 67, p. 1355; V. 68, p. 84.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
ROAD—Operates 52 miles o f main track and 13 miles of sidings and
Stock $150,000—$100............................................. $120,000
Text.
second track. In January, 1899, it was reported that important 1st mortgage for $150,000.,.. 1890 6 J - J
100,000 July 1 ,1 91 0
extensions were contemplated.
Interest payable in Boston; International Trust Co., Trustee.
A nnual R eport —Fiscal year ends Dec. 31, changed in 1897 from Consol, mortgage 5-20s.......... 5 1891 6 J - J $50,000 J u ly’96-1911
Subject to call in 1896.
( Interest is payable at Maine Trust &
April 30. For year ending Dec. 31, 1898, gross receipts were $408.Banking Company, Gardiner, Me.
397; net, $185,956; interest and taxes, $119,115; balance, surplus,
Dividends, 1894-95,2 p. o. in 1895-96, 3ifl; in 1896-97,4; in 1897-8,4$66,841.
Road—Operates from Augusta to Gardiner, 7 miles.
Balance S heet —On Dec. 31,1898, the balance sheet showed:
ANNUAL R eport —For years ending June 30th earnings w ere:
Liabilities.
Assets.
1898
1897« I
1898.
1897*
Materials on hand............ $15,066 Capital stock..................$2,000,000 Gross earnings..$40,620 $40,840 |Taxes, eto...........
$388
$376
Cash items....................... 232,623 Bond account................ 2,250,000 Net earnings...... 18,548 18,807 I Bal. for d iv s .....
9,160
9,431
1,473 Miscellaneous items_____________ 33,074
Miscellaneous...............
Interest on bonds 9,000
9,000 |D ividends.......... 4,800
4,800
Plant............................... 4,446,380 Profit and loss, sur.......................... 412,468
OFFICERS—President, J. Manchester Haynes, Augusta, Me.; Secretary.
Total............................ $4,695,542 H. G. Staples; Treasurer and Pur. Agent, G. E. Macomber.
Total............................ $4,695,542
OFFICERS—President, Ernest Woodruff; Seo. and Asst. Treas., T. K.
Q lenn; Treas., R. J. L ow ry; Purch. Agent, W. II. Glenn.—V. 63, p. 2 7 ,
Y. 67, p. 72,1355; V. 68, p. 84, 770.
AURORA,
A T L A N T A E L E C T R I C R Y . - A trolley road.
O rganization —Operated by Atlanta Railway for a division of
receipts. Sto ok, $100,000; first mortgage gold coupon bonds $30,000,
due 1906; miles of track, 3, and leases Lakewood Park. In March,
1898, sale was ordered.
A T L A N 1 A R A I L W A Y . - A trolley road.
O rganization—This company was a reorganization July 1, 1895, of
Atlanta City St. Ry. and the Atlanta Traction Oo., foreclosed in 1895.
In Nov., 1898, a Baltimore syndicate, headed b y Middendorf, Oliver
& Co., purchased entire stock and bonds; subsequently this syndi
cate sold their interest to parties identified with the Atlanta Consoli
dated Street Railway, and a general consolidation of the street oar
lines of Atlanta has been arranged, as noted above, under the name
o f the latter oompany.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity.
Stook, $300,000, par $100..............................
$300,000
........
1st mortgage, $350,000,) 1895 5 g. M-S
300,000
Sept. 1 , 1925
gold, $500....................... 5 Trustee, BaltimoreTr..&Gu. Co., Balt., Md..
BONDS—$50,000held by Trustee in escrow for future improvements.
Road—Owned about 19 miles of track on 18 miles of street in city of
Atlanta, Ga., and environs. Also owned 23 acres of unimproved real
estate, 23 motor cars and 10 trailers. Power is supplied by the
Georgia Eleotric Light Co. In January, 1899, extensions of 11 miles
were proposed.
L atest Earnings—7 months, > 1898-9.Gross, $59,946; net, $20,941
July 1 to Jan. 31.
J 1897-8.Gross, 54,383; net, 10,429
Surplus over 7 months’ charges, $12,191 in 1898-9; $1,679 in 1897-8.
Earnings—For year ending June 30, 1898, gross, $93,204; net,
$19,286; interest, $15,000; bal., surplus for year, $4,286. In 1896-7,
gross, $84,897; net, $20,065; interest, $15,000; balanoe, surplus,
$5,025. Floating debt, Feb., 1899, $1,031.—V. 60, p. 927,1143; V. 67,
p. 1054; V. 68, p. 770,821.
P opulation 1899 (estimated )
1880 was 11,873;
ILL.
was 27,000; in 1890 was
and IN 1870 was 11,162.
19,688;
in
A U R O R A ST R E E T
R A I L W A Y . - A n electrio road.
Successor by pur
chase to Aurora City Railway. Franchise (extended in 1896) running
till 1916 without exclusive rights. The Aurora & Geneva is controlled!
in the same interest.
STOCK & Bonds—
Date. Interest. Ou’st'd’g
Maturity.
Stock ($300,000 authorized)............................. $300,000 ......................
1st M. for $300,000, gold, ( 1890 6 g .A - 0
300,000 Oct. 1,1 91 0
not subject to c a ll........ o* ( Interest at Cent. Tr. Co., Trustee, N.Y.O’y .
Bonds—The trustee holds 2,988 shares of Aurora C ityR y. stock for
benefit of the bonds.
ROAD—Operates 18 miles of track, including 2 miles second track.
Earnings—Including the Aurora & Geneva, earnings of the tw o
companies for the year ending March 31,1899, w ere: Gross, $95,067;
operating expenses, $68,849; net earnings, $26,2l8 ; taxes, $3,366 ;.
balance net, $22,852.
OFFICERS—President & Treasurer, R. B. Dodson, 2 Wall St.,N. Y ;
Vice-Pres., H. C. Tinker; Gen. Man. and Purch. Agent, D. A. Belden.
ORGANIZATION—Chartered in September, 1890.
A U R O R A & [G E N E V A R Y .— O rganization—Char*
tered July 29,1896, to build from Aurora to Batavia and Geneva (10
miles), conneotifig with the Elgin City Carpentersville & Aurora. Line
Aurora to Batavia, etc., 8 miles in operation. Is controlled in the same
interest as the Aurora Street Railway. A final deoision has lately
been given by the Illinois Supreme Court in favor of the Aurora &
Geneva In its effort to condemn a route through private property to
make connection with the Elgin City Carpentersville & Aurora Interurban line.
STOCK—
Date. Interest. Outstand'g. M aturity.
Stock ($100,000 authorized) .........................
$88,000
...............
Officers—President, William Fahnestock; Treasurer, R. B. Dodson, 2
Wall St., N. Y.; Seo’y and General Manager, D. A. Belden, Aurora, Q1-
A U B U R N , N. Y .
P opulation 1890
was 25,858; in 1880 was
and in 1870 WAS 17,225.
21,924;
A U B U R N C ITY R A I L W A Y - A trolley road.
O rganization—Chartered Oct. 1,1886. In 1895 the old lines were
re-built and extensions made. The company owns Lake Side Park,
about 33 acres on Lake Owasco. Population of Auburn in 1895 is
said to be about 30,000.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity
Stock (par $100) $300,000...... .......................... $300,000 .........
a
1st M., $300,000 ($1,000).0*> 1895 6g. F -A
300,000 Aug. i", 1925
red. Aug. 1,1905, at 105.. 5 Int. at W. End Tr. & S. D. Co., Phila., tr
Bills payable June 30,1897.................................
49,600 ..........
Profit and loss deficit June 30,1898, $27,857.
A U S T IN , T E X .
P opulation 1890
was 14,575; in 1880 was
and in 1870 was 4,428.
A U S T IN R A P ID T R A N SIT R Y .-A
11,013;
trolley road.
O rganization—Chartered in 1890. Ira H. Evans appointed receiver
February 23,1897. Interest is in default.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
S to c k ..............................................................
$350,000
............... .
1st mortgage.................. . 1891 6 M-S
343,000
Sept. 1,1921
International Trust Co., mortgage trustee, Boston,
ROAD—operates 13‘34 miles of track on 10 27 miles of road.
OFFICERS—President, F. H. Watriss.—Y. 64, p.422.
STREET
EENES OF THE
BALTIMORE CONSOLIDATED
RAILWAY COMPANY.
P O P U L A T IO N O F B A L T IM O R E , 5 5 6 , 7 1
Total Mileage o f the Baltimore Consolidated Railway, 191
R A IL W A Y S ,
13
14
STEEET
K A JLW AFS.
STOCK db Bonds—
Date. Interest. Outst’d’g. Div.orMat’y.
B A B Y L O N , N. Y .
Baltimore Oity Pass. —
P opulation i n -1890 was 6,035; in 1880 was 4,739.
Cefts. o f indebt., $500,- > 1897 4*ag.M-N $500,000 Nov. 2,1911
000, g. ($500 < $1,000) j Interest at Nat. Mechanics’ B’k, Balt.
s
B A B Y L O N R R . —Chartered April 15,1871.
70,000 July 1,1912
O rganization.—Owns and operates 1-53 miles, extending from Oerdral B y.—1st M., $250,- >1882 6 J-J
000, sink, fd., currency... ) Subj. to call at 100 in certain am’ts y’ rly
State Dock on Great South Bay to L. I. RR. Depot. To be extended % Trustee Baltimore Safe Dep. < Trust Co. Int at Citizens’ Nat. Bank.
fe
mile to the village limits to connect with Babylon A North Shore RR.
Consol, mort., $700,000, ) 1892 5g. M-N
630,000 May 1,1932
sold.................................. J Interest at Citizens’ Nat. Bank.
Operated since July 31,1898, by K inetic stored steam motors. Stock,
Ext. and Imp. 1st m ort.,) 1897 5g. M-8
600,000 Mar. 1, 1932
$25,000; par, $25; all issued. Bonds, 1st mortgage 30-year gold 5s*
$600,000, g., ($1,000).. 5 Trustee is Balt. Tr. A Guar. Co., Balt,
$1,000 each, dated June 1, 1898; authorized, $150,000; outstanding,
b Balt.Mid. Riv.té Spar. Pt.—
$27,000; interest at Metropolitan Trust Co., Trustee. President,
1st Mtg., $300,000, gold ) 1895
5 g. J-J
300,000 July 1,1925
Arthur P. Dodge; Secretary, Francis J. Oppenauer; Treasurer, James
($1,000)...........................c* )
Trustee, Maryland Trust Co.
H. Young, N. Y. Office, 27 William Street.
Folf. Eorth. Elec.—1st M., ) 1897 5g.
*1,122,000 Nor. 1,1947
$1,250,000, gold ($1,000) ) Maryland Trust, Baltimore, trustee.
B A B Y L O N & N O R T H S H O R E R R . - T o be oper
•ted by Kinetic power.
* Of these all but $11,000 are held in the treasury of the United Bys.
O rganization.—Projected from Babylon to Northport, 16 miles. & Electric Co., having been exchanged for the latter’s consolidated
bonds.
Stock authorized, $160,000; par, $100. No bonds had been authorized
a This shows amounts authorized, less amounts reserved for under
o r stock issued May 1,1899. President, Charles L. Easton; Secretary lying bonds, acquisitions, improvements, etc.
b In treasury of City Passenger Ry., and mortgage will probably be
and Treasurer, Francis J. Oppenauer. N. Y. Office, 27 William St.
foreclosed and bonds canceled.
S ecurities—Of the $38,000,000 of 1st consolidated bonds, $18,000,000 were offered for sale in March, 1899, by Alexander Brown &
B A L L S T O N S P A , N. Y .
Sons, Baltimore, Brown Bros. A Co., New York, Phil., A Boston, and
P opulation in 1890 was 3,527; in 1880 was 3,011.
the Mercantile Trust < Deposit Co., of Baltimore; of the remainder
&
$15,366,000 were set aside for the retirement o f underlying securities,
B A L L ST O N T E R M IN A L
R R . —A trolley road.
O rganization—Chaitered March, 1896.
and $4,634,000 will be reserved to provide for betterments, improve
STOCK & Bonds—
Date. Interest. Authorized.
Maturity. ments, extensions and expenses of consolidation.
Stock (par $100)...............................................
$300,000
..................
The arrangements originally provided for the issue o f $14,000,000
1st mort., gold ($500 and J 1896 5g. J-D
250,000 June 1,1926
of preferred stock, but it was arranged that at the option o f the holders
$1,000 each) $300,000c* ( Int. at Atlantic Trust Co., N. Y., trustee.
Road—12*3 miles, o f which 10 miles operated and balanceSunder con the same could be converted into income bonds, bearing 4 per cent if
struction in Feb., 1899; 3 miles additional are projected, to provide earned and payable at the option o f the company after March 1,1929.
fo r which $50,0001st 5s have been reserved. Connects, by standard The option o f conversion has been exercised to the extent indicated
gauge railroad, the many manufacturing establishments of Ballston above. The remainder of the stock is retained in the treasury.
ROAD—The track mileage of the various roads on May 1,1899, was
Spa and vicinity with the Delaware A Hudson RR., thus affording
transportation o f freight to all parts of the country without breaking about as follows: Balt. Consol. Ry., 207 miles, not including Ellicott
City branch, completed in Deo., 1898; Baltimore City Passenger Rail
bulk. Traffic, about 600 tons a day, heretofore carried by teams.
OFFICERS—President, F. H. Beach; Treasurer, C. E. Lent, at The way, 56*a miles; Central Railway, 36% miles; Baltimore Middle River
& Sparrows Point, 1 4 ^ miles; Baltimore A Northern, 3 8 ^ miles; total,
Bourse, Philadelphia; Secretary, A. B. Paine, Ballston Spa, N. If.
353 miles.
—Y. 67, p. 369.
Earnings—The combined earnings and expenses of the constituent
companies for the 12 months ending Deo. 31,1898, were: Gross earn
B A L T IM O R E , MD.
ings, $4,062,358; operating expenses, including taxes and licenses.
P opulation in 1897 by local estim ate was 500,723. By
$2,304,826; net, $1,757,532. It is estimated that the net can be In
U. S. Census in 1890 was 434,439; in 1880 was
creased, however, to $2,608,000. Fixed charges will be $1,500,000.
332,313; AND IN 1870 WAS 267,954.
The new management did not obtain control of the constituent
Street Railways o f Baltimore pay a Park Tax o f 9 per cent o f gross companies for the purposes of operation until April 1, 1899. Gross
aam ings within old Oity Limits, and are required to pave between earnings for month of April, 1899, $341,340, against $313,038 in
A pril, 1898.
tracks and two feet on each side.
Directors—Alexander Brown, Henry A. Parr, Geo. R. Webb, Nel
U N IT E D R A I L W A Y S & E L E C T R IC CO
son Perin, Geo. C. Jenkins, Wm. P. Harvey, E. L. Bartlett, Col. Walter
O F B A L T IM O R E -—(See M ap on P a g e IS.) Trolley.
S. Franklin and Seymour Mandelbaum.
O rganization—Incorporated at Annapolis March, 1899, and com
O fficers—President, Nelson Perin; Vice-President, Col. Walter S.
prises all the passenger railways in Baltimore City and Baltimore Franklin; Gen. Manager, William A. House; Treasurer, Briggs C.
County, and lines extend into Anne Arundel County and Howard Keck; Secretary, H. C. McJilton.—V. 68, p. 1 8 5 ,2 3 0 ,3 3 3 ,4 7 6 ,5 7 4 ,
•County. Embraces by consolidation the Baltimore Consolidated Rail 620, 725.
way Company; the Baltimore City Passenger Railway Company; the
■Central Railway Company; the Baltimore and Northern Electric Rail
B A L T IM O R E C O N SO LID ATE D RY.-r-See M ap
w ay Company; the Baltimore Gardensville & Belair Electric Rail on p a g e 13 .)—Trolley. Population in 1897 (local authority), 500,723
w ay, the Baltimore Catonsville < Ellicotts Mills Passenger RR., the
&
O rganization , Etc .—N ow merged in the United Railways &
Maryland Traction, the Baltimore * Curtis Bay Ry., the Gwynn’s Electric Co. of Baltimore, which see.
Falls Railway o f Baltimore City, the Shore Line Electric Ry., the
W ASH IN G TO N W ESTM INSTER
&
Pimlico A Pikesville RR., and the Walbrook Gwynn-Oak & Pow
To
ee
hatan. Also owns all the bonds of the Baltimore Middle River * Spar G E T T Y S B U R G R A IL R O A D — be a steam road. S
I nvestors’ Supplement forJuly, 1898.
row s Point RR.
The company also controls by ownership o f stock the York Road
Turnpike, the Charles Street Avenue Turnpike, the Hartford Turn
B A N G O R , ME.
pike and the Baltimore A Jerusalem Turnpike.
P opulation 1890 was 19,103; in 1880 was 16,856
Organized by a syndicate headed by Alexander Brown A Sons, see
AND IN 1870 was 18,289.
V ol. 68 , p. 230, and Yol. 68, p. 476. The United Eleotrio Light A
B A N G O R H A M P D E N & W IN T E R P O R T
Power Co., of Baltimore, comprising the electric-lighting plants of R A I L W A Y —To bea trolley road.
Baltimore, acquired by the same syndicate, is a separate concern.
O rganization—Incorporated in 1897 to build a road from the south
STOCK & BONDS—
Date. Interest. OutsPnd’g. Div.or Matu’v. line of Bangor through Hampden to Winterport. Bonds, 1st mort
■Common stock, $24,000,000,
gage, dated 1897, $300,000 ($1,000 each), 5 per cent, due Sept. 15,
$13,000,000 ...................
par, $50........................... ...........................
1917, Old Colony Trust Co., Boston, trustee; $40,000 outstanding in
Preferred,cum.,$14,000,000,
par, $50....... ...............................
4
2,234,300 ....................
Sept., 1898. Stock, $500,000; outstanding, $60,000. Entire projected
Inc.M .,g.,$l4,000,000,c u m .,/1899 4 g.
11,765,700
1949
tax free, Maryland Tr. Co. 5 Payable at option after March 1,1929 line, 54 miles; of this Bangor to Hampden 6-13 miles, operated In 1898.
1st con. M., g., $38,000,000 ) 1899 4g.M-S a l9 ,lll,0 0 0 March 1,1949 Hampden to Winterport and Frankfort, about 10 miles, to be built in
($1,C00); Continental Tr. > Interest at Alex. B ro w n * Sons, Balti- the spring of 1899. President, H. L. Mitchel; Treas’r, C. D. Stanford.
“
Co., Baltimore...............0* ) more.
UNDERLYING SECURITIES.
Balt. Traction—1st M., Tr. >1889 5 M-N 1,500,000 Nov. 1,1929
MercantileTr. ADep. C o.o)
Int. at Hambleton * Co., Balt.
D o Exten.&imp.($1,000)68, >1891 6g. M -S 1,250,000 Sept. 1,1901
g. Trus., M er.Tr.* D. Co.o 3
Int. at Hambleton A Co., Balt.
D o N. B .D iv.lst ($l,000)5s,) 1892 5 g. J -D 1,750,000 June 1,1942
g.Trus.,Mer.Tr.&Dep.Co.o 3
Int. at Hambleton A Co., Balt.
Do Collateral trust 1st M .,) 1895 5 g, J - J
750,000 Jan. 1,1900
$750,000, $1,000, tax free, >Int. at Alex. Brown A Sons, Baltimore,
gold, subject to oall at 1 05.) Trustee, Maryland Trust Co., Baltimore.
Do Conv’tibleg. bonds (n ot) 1896 5 g, M-N 566,000 May 1, 1906
m ort) red. after May 1, >Trustee, Mercantile Trust & Deposit Co..
’01, at par ($1,000).........0*3 Baltimore.
'-Oity < Suburban Ry. bonds— \ 1892 5 g. J -D 3,000,000 June 1 1922
6
1st mortgage, g., ($1,000)) Int. at Alex. Brown A Sons. Baltimore.
Safe Deposit A Trust Co., Balt., Trustee.
Walt.Oatonsv.&Ellicott’sMills>1896 5 J - J
500,000 July 1, 1916
1st M., $500,000 prin. g . . . ) I n t at Trustee, Safe D. A Tr. Co., B alt
Hjake Roland Elevated—1st) 1892 5 g. M-S 1,000,000 Sept 1, 1942
M., gold ($1,000).......c*Ar 3Int’st at Alex. Brown A Sons, Baltimore
Baltimore Trust A Guaranty Co., Trustee’
Balt. ■City Pass.—1st m o r t,) 1891 5g. M-N 2,000,000 Nov. 2,1911*
$1,000, gold.............. . 0* t Interest at Nat. Mechanics’ B’k, Balt
Safe D eposit A Trust Co., of B alt, Trustee.
B A N G O R ST R E E T R A I L W A Y .— electric road.
An
ORGANIZATION—Organized Oct., 1889. The now bankrupt Public
Works Co. was formed by the union of the Street Railway Co. and the
Bangor Eleotrio Light A Power, Penobscot Water A Power and Brewer
Water companies. F. A. Wilson, o f Bangor, Maine, Hon. A. P. Wiswell,
of Ellsworth, Maine, and Charles A. Stone, of Boston, recommend
consolidation of the several companies above named into a new corpo
ration with $600,000 stock and $600,000 bonds. See V. 61, p. 795
M ay 15,1899, reorganization not yet completed, but expected soon
to be.
STOCK & Bonds—
Interest. Author’ d Oulstand’g. Maturity.
Stock, $100............................................................... $200,000 ................ ",
1st mortgage, gold, 1889.. 6 F -A
200,000 200,000 A u g.l, 1909
The bonds have been in default sinoe 1893. Of the total issue o f
$200,000, $42,000 were exchanged for 5 per cent bonds o f the Public
Works Company. Mortgage trustee International Trust Co. of Boston.
ROAD—Owns road in Bangor to Brewer, etc., 9 ^ miles in all.
A nnual R eport —For years ending June 30 earnings have b een :
Yr. end.June 30. 1898.
1897. I
1898.
1897.
Gross earnings..$65,291 $69,493 T a «- J aF
Deficit.................1 $1,660 $1,551
\T A
a
'l l 1
OA
aaa
Net earnings....... OFT 1A /M û I
11,127 10,449 I Tot. def. Sept. 30 111,039
21.708
Interest, etc....... 12,788 12,000 |
’
ST R E E T R A IL W A Y S
MAP SHOWING THE CITY LINES
OF THE
HOTTED R A IL W AY S & ELECTRIC CO.
SYSTEM
OF B A L T IM O R E
15
16
S T E E E T H A LLW A Y S ,
OFFICERS—President, O. F. Woodard, Bangor, Me.; Sec., Treas. and
Gen. Man., J. H. Cutler; Puroh. Agent, J. W. Cartwright, Jr..—V. 61,
p. 795.
BAN GO R ORONO
W A Y — trolley road.
A
& OLD
T O W N R A IL
O rganization—This company began operations in July, 1895. Its
oars run over the Bangor Street Railway to a point on State Street,
and thence over its own line through the villages of Yeazie and Orono
past the State College to Old Town, a distance of 14*3 miles, 2 miles in
Bangor; total, 16^ miles.
STOCK & Bonds—
Date.
Interest. Outstanding. Maturity.
Stock $125,000(par $100) . . . . See text.
$ 100,000
monthly
1st M., $125,000, gold
1895 6 g. semi-an.
125,000
1915
Bills payable June 30,’98.
............
37,500
...............
DIVIDENDS—From April 20,1896, to June 3 0 ,1 8 9 8 ,1 p. o. monthly;
In 1897-98, 8 p. o.
EARNINGS—Year ending June 30, 1898, gross, $63,676; net over
taxes, $6,695; Interest, $8,984; dividends, $12,000; bal., deficit, for
year, $10,290. In 1896-97, gross, $65,749; nee, $22,000.
President, A. F. Gerald, Fairfield, Me.; Treasurer, I. O. Libby; Super
intendent, I. L. Meloon.
Fo£ the 12 months ending Deo. 31,1898, gross income, $87,802; net
$28,900. In 1897 gross income, $81,449; net, $27,000. In 1896 gross
income, $90,552; net, $29,939.
ROAD—Owns 25 miles of traok (length of line 17 miles).
O fficers—President. Michael P. Heraty, Phila., Pa.; Sec’y, W. R.
Morrison, Bay City; Treas., S. L. Nelson.—V. 68, p. 473.
B E A T R IC E , N E B .
P opulation 1890
was
13,836;
in
1880
was
2,447.
B E A T R IC E E L E C T R IC C O M P A N Y —
O rganization—Incorporated in November, 1895, with authorized
capital stook $100,000, to acquire the property of the Rapid Transit A
Power Co., 7*3 miles of traok, foreclosed July 26,1895 (V. 61, p. 195),
the Beatrioe Eleotrio Light Co. and also water-power facilities.
Funded debt reported to be $60,000 of 6 per cent bonds due in 1915.
Reported to operate 7 miles of trolley.—V. 61, p. 195.
O fficers—President, V. G. Lantry; Secretary, A. S. Maxwell, Treas
urer, Paul W. Horbach.
B E A V E R FALLS, PA.
P opulation 1890 w as 9,735; in 1880 w as 5,104;
AND in 1870 WAS 3,112.
O rganization—Incorporated in Deo., 1896, to construct from Ban
B E A V E R V A L L E Y T R A C T I O N - A trolley road.
g o r to Charleston and Kenduskeag to Garland, Me. Stook, $250.000;
O rganization—Incorporated in perpetuity June 29,1891, and owns
par, $100. Bonds are gold 5s, dated July 1,1898, redeemable after 5
entire capital stook of Beaver Valley St. Pass. By. Oo. and of Central
years at 102; $150,000 reported issued in May, 1899.
Road—Bangor to Charleston and Kenduskeag to Garland, 40 miles, Elect. St. By. Oo., purchased Aug. 8,1891, operating them as one road
of which Bangor to Charleston, 26 miles, graded May, 1899, and 21 under 999-year lease.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity.
-'miles o f track laid, Bangor to East Corinth. Patton gasoline motor
Stock ($300,000) par $50............................... $300,000 f.p ........................
rsvstem to be used.
1st mortgage, $150,000, ( 1891 6 g . J - J
150,000
Julyl,1911
gold................................o <Int. at Union Trust Co., trustee, Pittsb’g, Pa.
O fficers—Pres, and Gen. Mgr., F. O. Beal; Treas., F. H. Small;
2amortgage,gold,($500), ( 1895 6 g. A-O 79,000
Oct. 1,1915
•Clerk and Legal Adviser, H. M. H«ath, Augusta, Me.
$100,000.................... o* / Int. at Union Trust Co., trustee, Pittsburg.
Bills payable July 1,1898 ..........................
29,299
....................
ROAD—Owns
miles of traok and leases 6*6 miles owned bv the
companies whose stook it holds. Rail 45 to 72 lbs., girder and T<
BARRE. VT.
EARNINGS—Year ending June 30, 1898: Gross, $69,977; operating
P opulation 1890 was 4,146 ; in 1880 was 1,025.
expenses, $41,533; net earnings, $28,444; taxes, $2,819; Interest,
B A R R E & M O N T P E L IE R T R A C T IO N &
$15,412; balance, surplus for year, $10,213. Calendar year 1897,
P O W E R CO.— trolley road.
A
gross, $68,555; net, $30,576; taxes, $2,637; interest, etc., $17,773;
STOCK & Bonds—
Date. Interest, Outstand'g. Maturity.
net, $10,166.
Stock, $135,000, par $100.............................
$120,000 ......................
OFFICERS—Annual meeting first Monday in February. President
1st M., gold, $100,000 ($500 (18 9 7 5 g.M-N
100,000 Nov. 1,1917
each), not subj. to call..o* ( Int. at Am. Loan <feTr.Co., Boston,Trust. J.M. Buchanan; Secretary, W. P. McConnell; Treasurer, S. P. Stone.
Floating debt Jan. T, 1899, was $25,000.
ROAD—Barre to Montpelier, Vt., 9 ^ miles, opened about June, 1898.
President, F. O. Kennedy, Burlington, Vt.; Sec., H. K. Bush, Barre, Vt.
B E L L E V IL L E , ILL.
PEN O BSCO T C E N T R A L RY.-To be an electrioroad.
P opulation 1890 was 15,361; in 1880
AND IN 1870 was 8,146.
BATH,
M E.
was
10,683;
B E L L E V IL L E E L E C T R IC R A I L W A Y —
ORGANIZATION—Organized in 1893 to operate in Belleville and ex
P opulation 1890 was 8,723; in 1880 was 7,874 ;
tend to East St. Louis, a total of 14 miles.
AND in 1870 WAS 7,371.
STOCK & Bonds—
Miles. Date. Interest. Outstanding. Maturity.
B A T H ST R E E T R A I L W A Y . —A trolley road*
Stock, $300,000.................................................
$100,000
..................
100,000 Jan. 1,1909
O r g a n iz a t io n —Chartered May 5, 1891. Franchise perpetual. On M., $300,000, gold.................. 1894 6 g J - J
Interest at the American Trust & Savings Bank, Chicago, 111.
July 1,1898, the Lewiston Brunswick & Bath Railway Company as
sumed possession under a 999-year lease, paying the $100,000 stock 4 April, 1898, bonds and stock were all held by the company itself.
ROAD-Iu 1898 operated 5*3 miles of road in Belleville. Extension
per cent per annum, semi-annually. The stook o f the Bath road, with
the exception o f a few shares, was owned in 1897 by Galen C. Moses reported to be proposed *3 mile to city limits.
OFFICERS—President, John A. Day; Vice-President, Henry A. Kiroher;
and F. H. Twitehell.
STOCK & Bonds—
Date. Interest. Outstand'g.
Matur’ y. Secretary and Treasurer, George Gauss.
Stock au. $300,000. par,$100............ 4 J & J
$100,000
Text.
1st mort., $300,000, g old ... . C1893 5g. J - J
70,000 July 1,1913
$1,000............................... o* ( Subject to call after July 1,1898.
B E N N IN G T O N , V T .
Interest is payable at American Loan & Trust Co., Trustee, Boston.
Dividends—In 1894-95,3 p. o.; in 1895-96. 4*3 p. o.; 1896-97, 3*8 p. c.
P opulation in 1890 was 3,971; E stimated Local
P opulation in 1896 was 7,000.
in 1897-98, 2*« p. c.
R o a d —Bath to Winnegance 4 1 mile»; rails 48 lb. t . Cars, 8.
*
B E N N IN G T O N & W O O D F O R D E L E C T R IC
LATEST EARNINGS—5 m onths,) 1898......Gross, $7,541; net. $994
R A I L W A Y . —A trolley road.
Jan. 1 to May 31.
5 1897......Gross, 7,013; net, 1,441
ORGANIZATION, ETC.—Chartered N o v . 28,1894; operated from July
YEARLY Earnings—For years ending June 30 earnings w ere:
27,1895. A summer road, and included in plant are a power house, the
1898.
1897. I
1898.
1897. atre and other buildings and lands, representing $22,500 o f the capi
Gross earnings..$21,266 $20.003 |Dividend................ $2,500 $3,500
Net earnings___ 7,133
6,504 I Balance for year..sur.738 def.496 talization. Stock, $100,000, authorized; issued, $55,000. Bonds, au
Interest, etc....... 3,895
3,500 |Total surplus....... 1,893
1,155 thorized, $100,000. Dividends on stock in 1897, 9 per cent.
In April, 1899, E. D. Bennett, Superintendent of the Bennington &
Rutland, was appointed receiver. The road was badly damaged by
freshets last October, and has not been in operation since then.
B A Y C IT Y , M IC H ,
ROAD—From Bennington & Rutland RR. depot, Bennington, to
P opulation 1890 was 27,839; in 1880 was 20,693;
Glastonbury, 9 miles. Also proposed in streets of Bennington and from
AND in 1870 WAS 7,064.
Bennington through North Bennington to Hoosiok, N. Y.—V. 68, p. 870
B A Y CITIES C O N SO LID ATE D R A I L W A Y —
A trolley road. Combined population of territory supplied in 1898
(estimated) about 45,000.
No coupon on the $381,000 1st consols has been paid since that for
Sept. 1,1895. The bondholders’ committee, of which M. P. Heraty is
Chairman, represents about 80 per cent of the outstanding issue. The
committee states that a large expenditure of money is necessary to
make needed improvements. As the stockholders are unable to supply
this money, it will have to be furnished by the bondholders, either
through the further surrender of coupons for a series of years or by
direct contribution. The committee says the mortgaged property can
ultimately be made valuable, but drastic measures, it thinks, may be
necessary.
OTfirii A Bonds—
Miles. Date. Interest. Outstand'g. Maturity.
................?..
Stock*[par $100)......................................--......... $950,000
Bav City 1st mortgage................... .
o
119,000
.....................
Bav Cities consol. 1st ( ........ 1893 6 gM -S
381,000
Mar.1,1918
con M $500,000,g.c. / Trustee, Phila. Securities Co., Phila.
N ew mort., $50,000............... 1896 6 M-S
$50,000
1906
Trustee, Phila. Securities Co., Philadelphia.
1 a t e s t E arnings — 4 months, ) 1899.......Gross, $26,337; net, $7,603
Jan7l to April 30.
51898.......Gross, 25,085; net, 7,915
B ID D E F O R D , M E .
P opulation 1890
was 14,443 ; in 1880 was
and in 1870 was 10,282.
B ID D E F O R D
&
SACO
12,651}
R R . —An eleotrio road.
Owns 5’7 miles road
(and 0’3 mile sidings) between Saco, Biddeford and Old Orchard Beach*
c m n i & Ronds—
Date. tn tst. Outstand'g.Maturity
StooMpar £50) ($100,000 auth.)............................... $40,000* ............?.
^
v irr
,
r 1888 6 J - J
90,000
1908
1st mortgage ($90,000;.................. £ int. at l8t Nat Bk „ Biddeford, Me.
Notes payable June 30,1898..................................
25,300
.........
Net.
Interest, etc.
Balance
Tr8.end.June 30. Gross.
$8,227
$7,009 sur.$l,217
1897-8..................... $24,958
6,076
6,863
def.787
1890-7..................... 26,383
def.1,410
5,546
def.6,956
25,461
1895-6....................
Total profit and loss deficit June 30,1898, $7,584.
In July, 1898, it was stated that Col. Chas. H. Prescott hadpurohaaed
a controlling interest and would improve the line.
O f f ic e r s —President. E. H. Banks; Sec. and Treas., C. H. Prescott.
ORGANIZATION—Incorporated Feb. 19, 1887.
17
ST R E E T R A I L W A Y S
road must be built within three years (see V. 64, p. 329) upon the lo
cations originally asked for, and thereafter the Aldermen may grant
additional locations. The bill provides for an extensive system of free
transfers. In addition to regular street railway taxes the company
B I N G H A M T O N R A I L R O A D —A trolley road.
is to pay on all lines owned, leased or operated by it 7s o f
ORGANIZATION—Chartered August 11,1892. Formed in 1893 by con 1 per cent of gross income and a sum equal to the exoess o f the
solidation o f all the street railways in the city.
dividends over 6 per cent. On the other hand, its charter is under
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity•
Stock, $900,000, par $ 1 0 0 ..........................
$396,370
.................. stood to “ grant it exemption from reduction o f fares, and also other
Bing. Street RR. 1 s tM ... 1890
6 A -0
200,000 Apr. 1,1910 immunities.” —(See Mass. RR. Commission, V. 65, p. 1223.) In August,
Binghamton RR. Co. M., )
f
50,000
1908-1917
1898, the plans had been approved by the Massachusetts Railroad
$900,000, g. $1,000.. e*
($5,000 due yearly Mar. 1.) Commissioners, cars to be run with electricity by the “ third rail’*
(See text) Interest at At- >1893 5 g J - J >
•
1
50,000
1918-1922
lantio Trust Co., N. Y.,
($10,000dueyearlyMar.l) system.—V. 67, p. 318. Ground was broken early in 1899, and much
Trustee.
J
L $500,000 due Moh. 1, ’ 23 of the structure w ill be completed by the fall.
Bing. Lest. & Un. 1st M .) 1895
5 g J -D
$125,000 June 1,1925
Lease o f West End.—The West End Street Ry. is leased until June
gold,prin. and int. guar. > Interest at Atlantic Trust, New York.
10,1922, at 7 per cent per annum on its common and 8 per cent on
Binghamton Trust Co., trustee.
Of the bonds o f 1893, $100,000 mature in installments as indicated in the preferred stock, in addition to all interest, rentals, eto. Posses
«the table, and the remaining $800,000 mature Mar. 1, 1923. Of the sion of West End was taken Jan. 1,1898. See lease in V. 65, p. 1223
COST—Engineer Kimball (of the company* estimates the average
$900,000 authorized $200,000 are reserved to retire the 6s of 1910 at
maturity. Jan. 1,1898, $100,000 were sold for improvements, leav cost per mile of construction, including foundation, rails, &o., but not
in g $100,000 to be issued at not exceeding 85 per ct. of new construe, including stations or electrical equipment, at $296,949. and the tota
tion and equipment; provided the road shows net earnings equal to cost of construction covering a distance o f 10*29 miles is figured at
twice the interest on the bonds outstanding, including those which it $3,055,605; equipment, terminals, stations, etc., at $3,890,000; land
damages at a maximum of $5,039,786, minimum estimate $3,120,491.
is proposed to issue.
STOCK— Capital stock is $10,000,000 (shares $100), on which in May,
Road—Operates 36 miles of track, including the Binghamton Lester1899. $50 per share had been paid in, represented by receipts, no certi
shire & Union Railroad, 7 miles long, opened in 1896.
4
LATEST Earnings—1 m os.,> 1899........... Gross, $43,886; net, $9,236 ficates having been issued. (V. 66, p. 38.) First dividend, 23 per cent,
Jan. 1 to April 30.
51898........... Gross, 44,618; net, 13,348 was paid August 15,1898.—V. 67, p. 221. In 1899, January, 21 p. 0.
*
ANNUAL r e p o r t —Figures for years ending September 30 were:
A nnual R eport —Report of Boston Elevated Ry. for year ending
Tears end. Sept.30— Gross.
Net.
Int., taxes, etc. Bal.,sur.
Sept. 30,1898, V. 67, in p. 1107; V. 68, p. 279, compared with those
1897-98..................... $160,061
$70,504
$52,881
$17,623 of West End Street Ry. for 1896-97, shows earnings as follow s:
1896-97..................... 146,574
60,616
45,492
15,124
1897-98.
1896-97.
1895-96.
1895-96..................... 141,339
62,326
40,285
22,041
OFFICERS—President, G. T. Rogers; Vice-President, J. B. handheld; Passengers carried....................181,321,295 172,554,513 166,862,288
Car miles run............................. 32,209,150
29,953,591 25,841,907
Secretary, J. M. Johnson; Treasurer, John B. Rogers; General Man Gross earnings.......................... $9,179,096
$8,719,031 $8,341,958
2,505,323
2,007,339
ager and Purchasing Agent. J. P. E. Clark. Office, Binghamton, N. Y. Net earnings............................. 2,612,512
78,156
.............
Interest on deposits..................
— (V. 61, p. 1 5 1 ; V. 62, p. 360; V. 63, p. 8 7 8 .)
Total net.............................. $2,690,668
$2,505,323
$2,007,339
B I N G H A M T O N , N. Y .
P opulation 1890
was 35,005; in 1880 was
and in 1870 was 12,692.
\
17,317;
B IR M IN G H A M , A L A .
P opulation 1890
was
B IR M IN G H A M
26,178;
and in
1880
was
3,086.
R A I L W A Y & E L E C T R IC
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Common stock, par $100..............................
$500,000
...............
Pfd.st’k,6p.c.cum.,par$100 .......................
1,000,000
...............
1st M. gold,$1,250,000,)
1890 5g. J - J
1,250,000 July 2,1920
$1,000..........................>Interest at Central Trust Co., New York.
Mortgage trustee is Birmingham Trust & Savings Co.
Bonds—All underlying bonds of the old companies have been
retired and canceled, and $90,000 of the $1,250,000 firsts given as out
standing are in the treasury subject to the disposal of the directors.
Loans and bills payable Aug. 1,1897, $60,125.
ROAD—In February, 1897, was operating 63 miles of track in city
o f Birmingham and extending also to Bessemer, Pratt City and Ensley;
steam, 22 m iles; electric, 41 miles. Rails 40-56 lb. T and 58 lb.
girder. In 1897 purchased road from Bessemer to Powderly, 12 miles.
Extension from West End to Powderly operated from July, 1898.
OFFICERS—President, Robert Jemison; 2d Vice-President, W. A.
Walker; Secretary and Treasurer, J. P. Ross; General Manager, J. B.
McClary.
H IG H L A N D A V E N U E & B E L T R A IL R O A D
—Uses dummy engines. Operates about 28 miles of track in Binning,
ham; 13 passenger oars; 7 engines.
RECEIVERSHIP—On April 2,1897, Phil. Campbell was appointed re
ceiver in suit of Columbian Equipment Co. of N. Y .—V. 64, p. 707. To
be sold at foreclosure June 5,1899.
B IR M IN G H A M T R A C T IO N .— troU road.
A
ey
ORGANIZATION—A reorganization of the East Birmingham Land &
Railroad, sold in foreclosure May 31,1897.—V. 64, p. 843. Length of
road, 7 miles; branches, (North Birmingham Street RR.) leased, 3*75
miles; total, 10*75 miles. Transformed from steam to electric road in
1898. President, A. T. London; Secretary and Treas’r, John London.
B L O O M IN G T O N , ILL.
P opulation 1890
was 20,484; in 1880 w as
and in 1870 was 14,590.
17,180;
B L O O M IN G T O N & N O R M A L S T R E E T R Y.
A trolley road.
ORGANIZATION—Incorporated in June, 1898, as successor of Bloom,
Interest on West End d eb t.. . .
Taxes, West End.......................
Taxes, Boston Elevated..........
Compensation tax.....................
Rental of subway.................—.
Dividends on West End stock.
Other rentals..............................
$498,600
435,860
86,049
80,317
106,134
1,147,950
9,180
Balance................................
Dividend 2 H p.o. Boston Elev.
$326,577
112,500
$493,219
372,460
$438,750
343,898
1,193,375
14,695
1,147,950
11,952
$431,572
$64,789
$214,077
............
............
Surplus for year..................
O fficers—President, William A. Gaston; Vice-President, William
A. Bancroft; Treasurer, William H ooper; Secretary, John T. Burnett.
Annual meeting is held the first Monday of January.
DIRECTORS— William A. Gaston, F . H. Peabody, Jacob C. R
ogers«
William S. Spaulding, Samuel Carr, Frederick Ayer, Charles J. Fal ne
James M. Prendergast, T. Jefferson Coolldge, Jr., W. A. Bancroft,
Robert Winsor, Horatio N. Slater.—V. 67, p. 221, 318, 528, 1 1 0 7 .
Com panies C ontrolled by B oston E levated R R . Co.
WEST END STREET RAILWAY—A trolley road.,
O rganization—Leased to Boston Elevated RR. until June 10,1922,
at 7 per cent per annum on common and 8 per cent on the preferred
shares of the West End Co. in addition to the payment of its rentals,
interest and other charges. Boston Elevated assumed possession
Jan. 1,1898. See terms of lease in V. 65, p. 570.
STOCK and Bonds—
Date. Interest.
Outstand’g Lastdiv., <te.
Common stock ($30).................. 7
A.-O .
gar
),085,000 ■ pr.l ’99,3 ¿2
A
Preferred stock (par $50)......... 8
J .-J .
6,400,000 Jan., ’98,4%
Gold bonds of 1892............1892 5 g. M.-N.
3.000.
000 Nov. 1,1902
Gold bonds o f 1894............1894 4 !2g.M .-S.
2.000.
000 Mch. 1,1914
Gold bonds of 1896, * 1896 4 g. M.-N.
815,000 May 1,1916
$2,275,000, not m ort.. ^
Gold bonds of 1897,
) aQ7
2,700,000 Feb. 1,1917
$2,700,000 not mort.o 5 'Lay' 4 g .F .- A .
Metropolitan RR. (plain).. 1883 5
J .-D .
500,000 Deo. 15,1903
Middlesex RR. (plain)....... 1884 5
J. - J.
200,000 July 1,1904
Highland St., plain..............1882 5 M.-N.
300,000 May 1,1902
Boston Consol. St. p la in ...1887 5
J. - J.
500,000 Jan. 1,1907
South Boston, plain............1883 5 M.-N.
200,000 May 1,1905
Cambridge 1st M*............... 1883 5 A.- O.
450,000 Apr. 1,1903
Charles River 1st M........... 1884 5 A .-O .
150,000 Apr. 1 ,1 9 0 4
* Cambridge bonds are redeemable $30,000 yearly at 105.
Interest is payable in Boston by the American Loan & Trust Co.,
except on Cambridge 5s payable at New England Trust Company.
In December, 1896, leased the right to use the subway at 4 78 per cent
of the net cost of subway, stated approximately as $5,786,000 in
September, 1898, when the third and last section was opened. Entire
length is 123 miles, with a trackage of about 5 miles. See V. 63, p.
1065,1117; V. 67, p. 528.
Road—Sept. 30,1898.
Miles. 1„
.
Miles
Mainline, 1st tr a c k ..... ......... 158 |Trackage.............................
5
do
2d track................. 120 Total operated Sept. 30, ’ 98. 316
Sidings, &o...............................
36 Electrically equipped....... 300
( 1)
ington City Ry.,[foreclosedand sold May 31,1898.—V. 66, p. 1088,1187.
STOCK & Bonds—
Date, interest. Outst’d’g.
Maturity.
Stock, $250,000; par, $100.............................
(1)
.....................
Bloomington & Normal 1 s t)
M., $250,000($500 & $1,- > 1898 5g. J-J
(1)
July 1,1923
000)subj.tocallaf. lO y rs .)
Int. at 111. Tr. & Sav. Bk., Chicago, Trustee, and Chase Nat. B k„ N.Y.
The flrst[mortgage bonds of 1898 are redeemable 10,15 or 20 years
from date. The stock is owned one-half by A. E. DeMange and local
associates, and one-half by John Graham of the Wilkesbarre &
Total owned......................... 314 |
Wyoming Valley Traction, Wilkesbarre, Pa., and Judge Biddle of
Weight of girder rail is 70 to 100 lbs.
Carlisle, Pa., and their associates.
INDEX—v . 65,p. 1 0 2 1,1026,1073,1223; V. 66, p. 38,80; V. 6 7 ,p. 905.
Road—13 miles of trolley track.
O f f ic e r s —President, A. E. DeMange, Bloomington; Vice-President,
( 2 ) MALDEN & MELROSE ST. RR.—
John Graham, Wilkesbarre, Pa.; Secretary, Willis E. Gray; Treasurer
O rganization—Leased to West End Street Railway; owns 6*78
J. F. Evans.—V. 66, p. 1088,1187; V. 67, p. 318.
miles of track. Capital stock, $200,000; par $100; no funded or float
ing debt.
BOSTON, M ASS.
P opulation 1890 was 448,477; in 1880
AND IN 1870 WAR 250.526.
was
362,839;
BOSTON E L E V A T E D R E
ORGANIZATION—The bill chartering this company was signed by the
Governor o f Massachusetts June 10,1897. A portion of the elevated
( 3 ) SOMERVILLE HORSE R R —Owns 8*04 miles of track. Leased
to West End Street Railway for $9,180 yearly, 6 p. c. on $153,000
stock. Dividends are payable (M&N) in Boston.
N O R T H S H O R E T R A C T IO N
O rganization —This company has been dissolved, though at the
time this publication was being sent to press the assets had n ot yet
18
ST R E E T
been distributed; It was incorporated in 1892 under laws of New
Jersey for tbe purpose of controlling various street railway properties
through ownership of stock. It owned the entire stock o f Lynn &
Boston and allied properties. A sale o f the assets was made in April,
1899, to a syndicate represented by E. Rollins Morse & Bro. and
Tucker, Anthony & Co., of Boston. The purchase price was $2,598,800—see V. 68, p. 673. Preferred shareholders will receive $90 per
share and the common stock $19*75 per share.
STOCK—
Par. Dividends. Outstand'g Last div ., Ac.
............... $4,000,000 ......................
Common.............................. 100
Pref. 6% cum., red. at 105.. 100
6 A. - O.
2,000,000 Oct. 1,’ 98,3%
Dividends—Dividends paid in full to April, 1899, inclusive.
LATEST Earnings—5 mos., > 1898-9...Gross, $532,133; net, $180,301
Oct. 1 to Feb. 28.
51897-8...Gross, 519,259; net, 173,536
A nnual REPORT—The report for the fiscal year ending Sept. 30,
1898, with balance sheet, was given in V 67, p. 1260.
OFFICERS—President, C. M. Wicker, 15 Wall Street, New Y ork ; VicePresident and Treasurer, Frederick Strauss, 21 Broad St., New York;
Secretary, G. R. Nicholas, Camden, N. J. New Jersey office, Camden,
N. J. (V. 61, p.9 2 6 , 1 0 1 0 ; V. 63, p. 1 1 1 3 ; V. 65, p. 1 1 7 1 ; V. 67, p.
1 3 6 0 ; V. 68, p. 3 7 9 , 619, 673, 724.)
Companies Formerly Controlled by North Shore Traction Co.
( 1 ) LYNN & BOSTON RAILROAD—An electric road.
O rganization—Owns road in 18 cities and towns in and about
Boston, Mass. Incorporated under laws of Massachusetts, April 6,
1859, and was formerly controlled through ownership of stock by the
North Shore Traction Co. This company as stated above has n ow
been dissolved and the Lynn & Boston stock sold to a syndic ate. The
new owners have comprehensive plans in view for uniting all the elec
tric roads in Eastern Massachusetts.—See Massachusetts Electrical
Companies under Lawrence, Mass.
Outstand'g. Last Div. Ac.
S tock & Bonds—
Date, interest.
Stock (par $100).....................
8 A.-O.
$1,266,000
April, ’9 9,4
Naumkeag St. Ry. 1st...........
5 J .-D .
215.000 June 1,1906
Consol. M .............................
5 J. - J.
711.000 July 1,1910
Trustee, Manhattan Trust Co., New York.
Lynn Belt 1st..........................
5M .-N.
100,000 May 1,1910
Trustee, American Loan & Trust Co., Boston.
6 J. - J.
100,000 Jan. 1,1911
Essex Electrio 1st..................
Trustee, Old Colony Trust Co., Boston.
Lynn & Boston 1st m., ) 1894 5 g.J. D.
3,728,000 Dec. 1, 1924
$5,379,000, $l,000.o* 5 Int. at Old Colony Trust Co., trustee, Boston.
Coup.notes,$1,250,000 1897 6 A .-O .
320,000 April 1,1917.
Plain Bonds secured by
Lynn & Bos. mort. o f 1894—
Lynn & Boston........................ 5 M.(15)-N.
150.000 May 15,1900
'do
do .........................
5 A .-0 .
100.000 Apr. 1,1907
do
do ..................... .
5 M .-S .
186,000 Mich. 1,1912
Naumkeag...............................
5 A .-0 .
49.000 Apr. 1,1907
do
...............................
6 M .-S .
24.000 Sept. 1,1910
do
...............................
6 J. - J.
10.000 July 1,1911
Other small issues................
5 &6
11.000
1900
BONDS—Of the $5,379,000 first mortgage bonds, the unissued
balance to be used to take up other bonds.
DIVIDENDS—From 1880 to April, 1899, inclusive, 8 per cent yearly.
R oad—Oct., 1898.
Miles.
Owned, measured as single
Boston & Revere El. St. R y .. 3*8
tra ck ...................................... 121*7 Other................................ 2*2
Leased lines—
Trackage......................... 3*5
Winnisimet Street R R ........... 2*0 Total main track (allelec.) ..153*8
Boston & Chelsea R R ......................4*1
Sidings............................. 10*0
East Middlesex Street R R ... 16*5
Beverly & Danvers St. Ry., 3 miles (capital, $12,000) is controlled
but operated separately—see V. 65, p. 1171.
ANNUAL R e p o r t — Report for 1897-98 in V. 67, p. 1260, shows:
Yr.toScp. 30— 1898.
1897.
1898.
1897.
Gr. earn’gs. $1,484,251 $1,425,210 Div’ds (8p.C.)..$101,280 $99,472
Net earn’gs.
628,461
606,584 Bal., sur. for yr.
6,281
4,217
Oth. income
6,060
6,725 Tot. sur. Sep. 30 96,665 91,150
Int.,tax.,Ac.
526,960
509,620
GENEBAL BALANCE SHEET SEPTEMBEB 30, 1898.
Assets
Liabilities.
Construct, (rd. owned) .$4,346,715 j Capital stock..................$1,266,000
Land and buildings....... 1,423,594 Funded debt.................. 5,699,000
Equipment.................... 1,392,638 j Open accounts, etc.......
384,852
Cash and current assets.
283,569 Surplus............................
96,664
R A IL W A Y S ,
(5) WUNNISIMMET
(STREET) R E
ORGANIZATION—Owns 2*0 miles of traok. Leased to the Lynn A
Boston jfor 999 years from 1880, at $3,000 per annum. Capital stock
is $50,000, par $50. Dividends in 1894-95-96-97-98 6 p. c.
N O R F O L K C E N T R A L ST- R Y —A trolley road.
Controlled by Massachusetts Electrical Companies.—See Lawrence,
Mass.
O rganization - Operations begun Sept., 1896. Extends from Ded
ham Square, connecting with Norfolk Suburban Street Ry., to East
Walpole, about 7 miles. Stook, $100,000; issued, $75,000. Bonis, 1st
mort. 20-year gold 5s, $100.000, dated July 1, 1898, int. J.-J. at
International Trust Co. of Boston, Trustee; $60,000 outstanding.
Bonds are subject to call at 103 after July 1,1903. President, Fran
cis Doane; Secretary and Treasurer, Thomas T. Robinson, 417 John
Hancock Building, Boston, Mass.
N O R F O L K S U B U R B A N — YD E FARK,&C.>
(H
Has passed into the combination known as the Massachusetts Elec
trical Companies See statement under Lawrence, Mass. Minority stock
holders allowed until May 20 to accept $200per share for their stock.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
Stock (par $100)............................... See text. $187,500 Jan.15,’ 99,4%
1st tnnrtfaiA bonds
51894
5 J—
J
75,000
July, 1914
1st mortgage bonds............ } Int. at Internat»al Tr. Co., Boston, trustee.
DIVIDENDS—In 1894-95, 6 p. o.; in 1896, 6ha p. o.; in 1897, 7 p. c.; in
1898, Jan., 31 p. o.; July, 3*2 p. c.; in 1*^99, Jan., 4 p. c.
«
ROAD—Owns 11 miles o f track.—V. 68, p. 978.
W E S T E N D S T R E E T R Y .— ee Boston Elevated RE
S
W E S T R O X B U R Y & R O S L IN D A L E S T R E E T
R Y - A trolley road. O ns 7*38 m
w
iles of track.
Control held by Mass. Electrical Companies. See Lawrence, Mass.
STOCK & Bonds—
Dale. Interest. Outstanding. Maturity.
Stock (scrip, $1,760)............................................ $101,760
..................
1st M. $150,000, gold.s. f . ) 1896
5 g. M-S
100,000 Sept.l, 1916
($500) red. at 103 after >Interest at International Trust Co., BosSept. 1 ,1 90 1 ...............o* ) ton, Trustee.
In Nov., 1898, $100,000 additional stock and $50,000 additional
bonds were authorized to pay the floating debt and extend the road.
President, Thomas T. Robinson, Treasurer Fredk. N. Tirrell. Office,
John Hancock Building, Boston.
B O W L IN G GREEN, K Y .
Population 1890
was
7,803;
in
1880
was
5,114;
AND IN 1870 WAS 4,574.
B O W L IN G G R E E N R A I L W A Y .— trolley road.
A
O rganization—Incorporated in July, 1898, as a reorganization o f
the Park City Ry., purchased at foreclosure Feb. 28, 1898, by the
Fidelity Trust & Safety V., trustee. V. 66, p. 472. Completed as an
electrio road Sept. 1,1895, to do both freight and passenger business
connecting river and city. Population of Bowling Green in 1895 (com
pany’s estimate) was 10,000, with suburbs 12,000.
STOCK, Bonds, Etc —
Date. Interest. Outstanding. Maturity*
Stook, par..........................................................
$40,000
.......... .
New mortgage..................
1898
........
(?)
...............
Road, Et c .—Park City Ry. owned 4 miles of track, including sid
ings. Also owned 4 sixteen-foot passenger motors, 30 horse pow er ;
1 one hundred horse power freight motor and 7 trailers.
OFFICERS—President, J. H. Wilkerson; Sec. and Trejs., T. S. Fitch.—
V. 66, p. 472.
B R A IN T R E E , M A S S .
P opulation 1890 was 4,848; in 1880
and IN 1870 was 3.948.
was
3,855;
B R A IN T R E E ST R E E T R Y .— trolley road.
A
Acquired by the “ Massachusetts Electrical Companies,” comprising
a combination of the roads in Eastern Massachusetts. See Lawrence,
Mass.
Total.............................$7,446,516 I Total............................. $7,446,516
O rganization—Chartered in 1893. Operated in harmony w ith
OFFICERS—President, Amos F. Breed; Vioe-President and Secretary, Quincy & Boston Street Railway since October, 1895, w ith which it is
E. Francis Oliver; Treasurer, Charles Williams; Purchasing Agent, to be consolidated.
A. B. Porter. Office, Lynn, Mass.—V. 65, p. 925,1021, 1 1 7 1 ; V. 68,
October 1,1898, stock authorized was $200,000; stook outstanding,
p. 40, 619, 673.
$100,000 (including $30,000 increase in February, 1898); bonds, $35,(2) BOSTON & CHELSEA RR.—Owns 4*1 miles o f track. Leased to 000, first mortgage ($500 eaoh) 6s, dated July 25,1894, due July 25,
Lynn & Boston Street Ry. Co. at $7,260 per annum, equal to 6 per cent 1914; loans and notes payable, $13,000. Owns 11*17 m iles; sidings,
0*54; trackage 3*09 mile.
on $121,000 stock, payable A&O.
EARNINGS—For year ending Sept. 30, 1898, gross, $15,114; net,
( 3 ) BOSTON & REVERE ELECTRIC ST. R E
ORGANIZATION—Incorporated June 24, 1889. Leased from July 1, $9,131; charges, $4,360; dividends, $4,085; balanoe, surplus for year
1895, for 99 years to Lynn & Boston, which guarantees interest on $686. In 1895-96,gross, $30,138; net, $9,227; charges, $2,888; sur
the $50,000 bonds and dividends on $50,000 stook, from July 1,1898, plus for year, $6,339. President, J. F. Merrill, Quincy, Mass.
at 5 p. c. per annum.
B R A IN T R E E & W E Y M O U T H S T R E E T R Y .
STOCK & BONDS—
Date. Interest. Outstand’g. Lastdiv.,etc. —A trolley road.
Stook (par$100)....................... .
5 J -J
$50,000
.......................
O rganization , Et c .—Commenced operations April 29, 1895. In
1st mort. drawn at 104.. 5 1890
5 F -A
44,000
Feb. 1,1910
Int.(notpr.)gu.byL.&B. (Interest at American Loan & Trust, Boston. April, 1899, passed into the control of the Philadelphia Transit Com
Current liabilities Sept. 30, 1898................
$6,000
......................
pany through Pepper & Register, of Philadelphia. The latter firm also
ROAD—Main track, 3*8 m iles; sidings, &o , 0*4 miles.
own or control the Hingham Street Railway, the H anover Street Rail
( 4 ) EAST MIDDLESEX STREET R E
way, the Rockland & Abington, and the Bridgwater Whitman & Rock
ORGANIZATION—Owns 16*5 miles of track; sidings, switches, etc., land Street Railway.
1*8; total, 18*3 miles. Leased May 1, 1893, to Lynn & Boston for
STOCK & bonds —
Date.
Interest. Outstand'g. Maturity.
....
....
$160,000 .....................
99 years at a rental till May 1,1896, of $18,000 yearly in addition to Stock.................................
void $80 000
1897
5 g. M.-S.
80,000 Mar.
fixed charges; then till May 1,1901, $24,000 yea rly; and for remain Igt M goia, ¡t>au,uuu— 5 j nt. at International Trust, Boston, 1, 1917
m.,
£
trustee.
der o f lease, $30,000 yearly. Eight per cent dividends are paid.
Owns line 11*63 miles inlength; sidings, etc., *72 miles; trackage,*25;
STOCK & Bonds Date. Interest. Outstana’g. Maturity.
Stock ($100) $300,000.........................
8
$297,700 ..................... total, 12*60. Dividends—In 1895-6 paid 2ht per ceot; in 1898, Jan., 3
Plain bonds, int. gu. (end.). 1898
5 M-S
120,000 Sept. 1,1918 p. c. Loans and notes payable Sept. 30, 1898, $5,000. Year ending
Plain oonds, int. gu. (end.). 1892
5 J-J
100,000 Jan. 1,1902 Sept. 30, 1898, gross, $48,558; net, $16,977; interest and taxes,
Interest at Nat. Hide & Leather Bank., Boston.
$6,447; dividend, $4,800; balance, surplus for year, $5,730.
The lessee in the lease agreed to stamp the bonds with a guaranty of
O fficers—President, David Pepper, Jr., Philadelphia, Pa.; Treas
the prompt payment of int.—principal is not guaranteed. V. 67, p. 482. urer, O. E. Chapman, 45 Milk Street, Boston,
ST R E E T
B R ID G E P O R T , C O N N .
V
P opulation 1890 was 48.856; in 1880 was 29,148;
and in 1870 was 18.969. (See below.)
B R I D G E P O R T T R A C T I O N - A trolley road.
O rganization —
'Chartered in July, 1893, and operates by electricity
the entire system of street roads in the city. Owns a perpetual and
exclusive franchise from the State of Connecticut and is exempt from
all city taxation. Population served in 1894 estimated at 80,000.
STOCK & Bonds .—
Date. Interest.
Outstand’g.
Last div., etc
Stock (par $100).....................................
$2,000,000 Aug.1,’98,1 p.c.
First M. g. ($l,000)o.*> 1893 5 g. J.-J.
1,719,000 July 1, 1923
$2,000,000
5 Trustee Fidelity Title & Dep. Co., Newark, N.J.
Interest is payable at office of Redmond, Kerr < Co., 41 Wall St., N. Y.
fe
DIVIDENDS—Aug., 1895, to Aug., 1898, incl., 1 p. c. yearly.
Bonds—
The mortgage is a first lien on the franchises and all prop,
erty now owned, or which may be hereafter acquired. As required
under the laws of Connecticut the bonds are certified by State Auditor
as issued at not over 75 per cent of cost of road, etc.
The unissued bonds may be sold for improvements and new con
struction, but at not to exceed 75 per cent of the actual cost of such
improvements, etc. The company has no floating debt.
Road—Owns in fee 52-6 miles, consisting of eight divisions centering
at one point, the N. Y. N. H. & H. Ry. depot, and extending to Strat
ford, Fairfield, Southport and Westport. Extension to Westport com
pleted May, 1898. Rails are 90-pound in city and 70-pound in suburbs.
Equipment —General Electric make; 53 closed cars, 51 new and old
open cars and snow-plough, sweepers, etc.
Earnings—10 months, ? 1898 9 .........Gross, $290,765; net, $121,698
July 1 to Apr. 30.
$ 1897-8.........Gross, 273,818; net, 124,197
A nnual R eport —a special report was given in V. 63, p. 836, see
also remarks p. 815. For years ending Dec. 31:
Tear—
Oross.
Net.
Interest. Dividends. Bat., sur.
1897............. $321,445
$139,889
$84,150
$20,000
$35,739
1896............. 319,544
132,760
82,075
20,000
30,685
1895............. 303,419
147,187
75,000
20,000
52,187
Year ending June 30,1898, gross, $333,409; net, $155,221; charges,
$85,950; surplus, $69,271. Year 1896-7, net, $127,827.
GENERAL BALANCE SHEET JUNE 30, 1898.
Assets—
| Liabilities—
Construction..............>* „ fiQQ
I Stock................................ $2,000,000
Equipment..................$
Bond8.............................. 1,719,000
Accounts receivable...
40 |Bills payable.................
36,000
■Cash........................ .......
19,687 I Accounts payable.........
22,969
140,104
Profit and loss, etc.......
Total assets................$3,918,073 | Total liabilities.......... $3,918,073
OFFICERS—President, A. Radel; Treasurer, Wm. Soheerer (Newark,
N. J.); Secretary, Thos. L. Watson.—V. 63, p. 8 3 6 ; V. 67, p. 4 2 6 .
B R ID G E P O R T , O H IO .
P opulation 1890
was 3,369; in 1880 was
and in 1870 was 1,178.
2,395;
B E L L A IR E B R ID G E P O R T & M A R T IN ’S
F E R R Y ST R E E T R A I L W A Y — trolley road.
A
Is understood to have passed into the possession of the Wheeling
Railway of Wheeling, W. Va.
STOCK db Bonds— Miles. Date. Interest. Outstandg.
Maturity.
Stook (par, $100)................................................ $250,000
..................
1st M. $150,000 gold. ) ........ 1893 6g. A-O
150,000 Oct. 1,1913
$1,000...............c*«fer i Sub. to call on any A < O on and aft. Oct. 1, ’08
&
Interest is payable at Farmers’ Loan < Trust Co., N. Y., trustee.
&
Road—Operates 11 ^ miles of traok.
OFFICERS—President and General Manager, J. K. J olly; Vioe-Presi.*
G. W. Pitner; Sec., Treas. and Purch’g Agt., F. L. Jolly.—V. 67, p. 802.
B R ID G E T O N , N. J.
Population 1890 was 11,424; in 1880
AND in 1870 was 6.830.
was
B R ID G E T O N & M IL L V IL L E T R A C T IO N —
B R ID G E W A T E R , M ASS.
1890
was
4,249: IN 1880 WAS 3,620.
B R ID G E W A T E R
W H IT M A N
LA N D - ST- R Y -— trolley road.
A
&
ROCK
ORGANIZATION—Chartered in 1897. Stock, $85,000; par $100; all
Issued. Bonds, $85,000, 1st mort., 20-year gold 5s, dated Nov. 1,1897
($1,000 each), o.* int. M. < N. at Amer. Loan < Trust Co., Boston
fe
&
trustee. Owns Bridgewater to Rockland, 12*68 miles; sidings, •18
miles; total, 12-86 miles. Controlled by Pepper < Register of Phila
&
delphia, who recently acquired the Braintree & Weymouth (whioh
see) and some other Massachusetts roads. Earnings year ending Sept.
30, ’ 98, gross, $27,085; net, $6,681; charges, $6,422; bal., sur., $259
President, David Pepper, Jr.; Sec’y and Treas., Geo. A. Butman, 53
State Street, Boston, Mass.
B R I G A N T I N E B E A C H , N. J.
B R IG A N T IN E T R A N S P O R T A T IO N C
o
-
O rganization—A reorganization per plan in V. 63, p. 837, of Brig
antine Transit Co. sold in foreclosure Feb. 4,1897. Runs steamer
from Inlet (Atlantic City) to Brigantine, connecting with its eleetrio
trolley road, extending along Brigantine Beach, 7 miles of track.
N ew Securities : $50,000 1st mortgage 5 p. o. 20-year bonds; 1st
preferred 5 p. c. stock, $125,000; 2d preferred 5 p. o. stook, $75,000;
common stock, $150,000.
E a r n in g s —For year ending Deo. 31, 1898, passenger earnings o f
railway, $9,023; other income, $317. “ Other debts,” Jan. 1,1898,
$11,615. In Feb., 1899, the Co. h a i arranged to issue $25,000 20-year
5s to retire floating debt and for extensions. President, Geo. H. Cook«
50 Broadway, New York.—V. 64, p. 373.
B R IS T O L , C O N N .
Population 1890
was
7,382;
in
1880
5,347;
was
AND IN 1870 WAS 3,788.
BR ISTO L & P L A IN V IL L E
T R A M W A Y .—
A
trolley road. Also furnishes electric lights.
O rganization—Organized Sept. 21,1893. Stock authorized $1,000,000; issued, $100,000 (par $100). First mortgage 5s authorized,
$200,000 (M.&N.), due Nov. 1, 1925; int., M.&N.; outstanding, $135,.
000; bills payable June 30, 1898, $12,500. Length of railway meas
ured as single track, 7-4 miles. For year ending Sept. 30,1898, from
passengers, gross, $42,116; from electric lights, etc., $23,490; total
gross, $65,606; net, $21,417; interest and taxes, $8,733; dividends
$6,000; bal., surplus for year, $6,684. In 1896-97 total gross, $62,719. President, C. 8. Treadway, Bristol, Conn.
B R O C K TO N , M ASS.
Population 1890
was 27,294; in 1880 was
and in 1870 was 8,007.
13,608;
B R O C K T O N B R ID G E W A T E R & T A U N T O N
S T R E E T R A I L W A Y — trolley road.
A
Now iorms part of the combination of roads in Eastern Massachu
setts in process of formation in May, 1899, and known as theMassa
chusetts Electrical Companies. See Lawrence, Mass.
O rganization , Et c .—Organized in 1880. Road opened June 14,
1897. It is estimated that population served including Brockton,
Bridgewater, Taunton, «fee., is over 68,000. Capital stook, $225,000.
In April, 1898, application made to Massachusetts RR. Commissioners
to increase capital stook to $275,000. The first mortgage is for $200,000 5 per cent 20-year gold bonds, $1,000 o*, due Aug. 1 ,1 9 1 7 ; inter
est F.«feA„ at Amerioan L. & T. Co., Boston, trustee; issue authorized
for building and equipping road.
Road—Owns 22-00 miles o f traek mostly 56-lb ra il; 24 oars. Exten
sion proposed to New Bedford, Mass.
Earnings year ending Sept. 30, ’98, gross, $71,277; net, $29,674;
charges, $19,660; div. paid (3 p. c.), $6,750; bal., sur., $32,61.
OFFICERS.—President, Col. John J. Whipple; Treasurer, George A.
Butman; Clerk, Wm. Jones; General Manager, James F. Shaw.
B R O C K TO N & E AST B R ID G E W A T E R ST.
R Y - A trolley road Commenced operation July 3.1897; owns line
4*26 in length; sidings, *17; trackage, 4-96; total, 9 39. Stook, $50,000
full paid. Bonds, 1st 20 year gold 5s, $30 000, due Feb. 1, 1918 ;
interest F.& A. at Amer. Loan < Trust Co., Boston, Trustee. Year
fe
ending Sept. 30, 1898, gross, $18,428; net, $3,961. Pres.. G. H.
Campbell; Treas., G. A. Butman, 53 State St., Boston, Mass.
Now controlled by “ Massachusetts Electrical Companies. ’ See
Lawrence, Mass.
B R O C K TO N ST R E E T R A IL W A Y — trolley road.
A
8,722;
O rganization—Successor May 3,1897, to the South Jersey Traction
Co., sold in foreclosure for $90,000. Company owns tw o toll roads
besides the trolley road. The population of Bridgeton by the 1895
State Census was 13.292. Stook authorized, $200,000; issued, $99,700;
no bonds; debts Aug. 1,1898, $3,500. Bridgeton to Millville, 10 miles;
Bridgeton to Fairton, 3 *4 m.; Bridgeton, local, 4% m.; total, 18 milesExtension, Fairton to Cedarville, 4-4 miles, completed in May, 1899.
Will be extended eventually to Port Norris, but not in 1899.
EARNINGS—Year ending Feb. 28, ’ 99, gross, $39,456; net, $12,499;
div’ds paid (2i* p. o.), $4,860; taxes and rentals, $1,S55.
O fficers—President, C. Hartman Kuhn; Vice-President, Stephen
Green; Secretary and Treasurer, W. H. Bacon.—V. 64, p. 331,567, 887.
p o p u l a t io n in
19
R A IL W A Y S
Has passed into the possession of a syndicate represented by E
Rollins Morse < Bro. and Tucker Anthony < Co. of Bo ston, »n«i ar
fe
fe
rangements made to consolidate all the roads m Eastern Massachu
setts. See “ Massachusetts Electrical Companies,” under Law rence
Mass.
O rganization—Incorporated in 1880. A consolidation o f the
Brockton Street Railway, East Side, Brockton < Holbrook and Whit
fe
man street companies. Said to serve a population of 66,051.
STOCK & Bonds Date. Interest. Outstand’g. Maturity
Stock (par $100)..................................... 6 Q - J $596,000A p r.l’99.1J«
Brockton 8t.Ry. bonds. 'I ^ ( 1885 4*2 A - O
10,000 Apr.1.1905
Bonds.......................... |
I 1886 4*a A - O
27,000 Apr.1,1906
Bonds..........................
I 1890 4*2 A - O
37,000 Apr.1,1910
Bonds, g o ld ............... >
< 1892 5 g. J - J
16,000 Jan. 1,1912
Brookt.(Consol.)St.Ry.
Oct. 1,1924
1st M. $750.000 e
3 ® ) Subject to call at 105 and interest,
is i m. ¡f>/ou,uuu g . . . . j « j ^ c Int. at State St. Safe Deposit &Tr. Co.
Loans and bills payab e Oct. 1,1898, $150,128. Real estate mort
gage outstanding, $7,700.
Road—Operates line 37 16 miles in length in Brockton and suburbs
extending to Avon, Randolph, Holbrook and Whitman, eteu; second
track, 6*20 m iles; sidings, 1-92 m iles; total traok, 45-28 miles.
Dividends—The road in 1896 had paid dividends uninterruptedly
since 1882; rate 1892 to 1896 inclusive was 6 p. o.; in 1897,6 p. o.; in
1898, 6 p. o.: in 1899, Jan.,
Apr., Ha.
Latest Earnings—8 mos., 1 1899............Gross, $74,858; net, $27,895
Jan. 1 to March 31.
>1898............Gross, 71,494: net, 24,694
EARNINGS—For the years ending Sept. 30 earnings have b een :
Years ending Sept. 30—
1898.
1897.
1896.
Road operated, miles___
37-16
34-89
34-89
Passengers carried.......... .
6,787,425
6,676,255
6,227,923
Gross earnings...................
$336,054
$332,256
$306,865
Net earnings..................... .
123,618
125,101
116,352
Interest, rents, taxes........
71,799
68,362
48,947
Dividends paid..................
35,760
35,760
35,760
5
Balance, surplus for year............. $16,059
$20,c79
$31,645
Total surplus Sept. 3 0..................... $50,425
$42,816
$24,751
OFFICERS—President, Alfred A. Glasier; Treasurer, W. F. Pope, 104
Ames Building, Boston.—V. 65, p. 1022.—V. 68, p. 672.
20
STREET
R A IL W A Y S .
Maturity. Ann. charge.
STOCK & Bonds— Outstanding. Interest
R Y .- T r o l l e y .
RR.
ORGANIZATION, Et c .—Owns 16*41 miles of track and operates 1*35 Nassau/Electricmtge. ) $8,946,960 4
Jan. 1, 1951
$357,878
Co.lsc consol,
>
miles additional; sidings, &c., 1*45; total, 19*21 miles. In Oct., 1898, a
bonds....................... )
Apr. 1,1944
33,000
1st ndtge. bonds.........
660,000 5
controlling interest in the stock was sold to a Philadelphia syndicate
Oct. 1,1909
37,950’
759,000 5 A-O
At.A ve.lst mtge.......
represented by Pepper&Register, who have also acquired the Brain
Apr. 1, 1931
112,050
“ 7“ Gen. M.g.’91. 2,241,000 5g A-O
tree & Weymouth (which see) and some other Massachusetts roads.
At./Ave. Imp. $1,- )
920 000 5g J-J
Jan. 1,1934
11,000*
500,000,gold, ’ 93. $
Dividends in year 1897-8 were 6 p.c.
tB. B .&W. E. IstM . )
9^0000 5 J&J
Jan. 1,1906
12,500STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
Ser.A,red,Jan ’97 \
^ou,uuu
..................
Stock $120,000 (par $100)................................. $120,000
tB.B. &W. E. IstM . )
950 ooo 5 A&O Jan. 1,1916
12,500
ls tm o rt $ 100,000 goia.o £ 1895 6 ?* M~N
Ser. B,red. Jan. ’97 5
tóU|WU
1st mort., *100 000 void a* l Int at G1g colony Tr.87,500 MayTrustee.
Co.,Boston, 1,1915
tB.B. & W. E. 2d M. )
so Ann 5 J&D Jun. 1, 1911
2,600
Earnings for year ending Sept. 30, ’98, gross, $77,839; net, $12,762;
red. July, 1896. $
ö ^’uuu
6.052
B. B. &W. E. Geni. g.
121,040 5g A&O Oct. 1, 1933
charges, $9,560; dividend paid (6 p .c.), $7,200; bal., def.. $3,998.
President, A. L. Register; Treas’r, Chas. N. Cobb; Clerk, Geo. W.
$1,802,730’
Total interest charges.
Kelley.
Rental—
1, 200,000
B’klyn City RR. stock. 12,000,000 10 Q-J rs 999 years.
300,0001st consol. M., 189 L. 6,000,000 5 J-J JJuly 1,1941
10,000
200.000 5 J-J July 1,1908
B’klyn Crosst. 1st M.
B R O O K L Y N , N. Y .
12,000
200.000 6 J-D Jan. 1,1907
Cal. Cem. & G .lstM .
P o p u l a t io n 1890 w a s 806,343; in 1880 w a s 566,653;
9,000
200.000 4 L2 -A July 1,1941
F
New W. & Fl. 1st M.
7,500
125.000 6 M-N May 1,1910
AND IN 1870 WAS 396.099.
G. & Lorimer 1st M.
10,000
200.000 5 F -A July 1,1906
Gr. 8t. & New. 1st M.
B R O O K L Y N R A P ID T R A N SIT .—
(See ad join in g
$3,351,230
Total interest charges and ren ta ls...................
M ap.)
184,500
ORGANIZATION—A New York corporation organized in January, Less interest on bonds owned (see list preceding)
R O C K L A N D & A B IN G T O N ST.
1896, per plan in Chronicle , Y. 60, p. 1145, to succeed to the prop
erty of the old Long Island Traction Company, foreclosed ; syndicate
headed by ex-Governor Flower having bought control. Cars began
running over Brooklyn Bridge in February, 1898.—V. 66, p. 383.
ASSETS—The following is a statement of the stocks, bonds and
equities owned by the Brooklyn Rapid Transit Co. as of May 10, ’ 99.
Entire capital stock Brooklyn Heights R R . Co. (par)...................... . •• • $200,000
•
Equity in 99»-year lease o f Brooklyn City R R . Co. to Brooklyn
Heights R R . Co.
Construction account o f B rooklyn Heights RR. Co. against Brooklyn
City RR. Co. for extensions and improvements on leased Hues,
amounting January s i, 1899, t o ...................................... . .
4,528,502
Entire capital stock Brooklyn Queens Co. & Suburban R R . Co. (par).. 2,000,000
Entire capital stock Sea Beach Railway Co., par v a l u e .......................... 850,< oo
Entire capital stock Sea View Railroad Co., par value.............................
190,75s
First mortgage 6 per cent bonds Sea View R R . Co., par value................
52,5^0
84,097*10 snares out o f 85,100 shares o f the com m on stock o f the Nas* •
sau'Electric R R. Co., par.......................................................................... • 8,499,710
•
00,520 shares out o f 05,OOo shares o f the
cumulative preferred stock
o f Nassau E lectric RR. Co., par.................................................................. 0,052,000
34,713 shares out o f 88,301v0 »hares o f the 6* non-cum ulative preferred stock o f the Brooklyn Union Elevated R R . Co., par................ 8,471,300
109,974 shares out o f 129,207 shares o f the com m on stock o f the
Brooklyn Union Elevated R R. Co., par.................................................... 10,997,400
Entire capital stock o f Coney Island & Gravesend Ry. Co. outstand_
ing par.............................................................................................................
35,400
* First mort. 5 p. c. bonds Brooklyn Queens Co. & Sub. RR. (par).......... 2.000,000
* First mortgage 5 per cent bonds Brooklyn City R R . (par).................... 1,027,000
Total par values.
.$40,304,571
♦Composing guaranty fund for perform ance o f Brooklyn City Railroad Com
pany’s lease.
The Brooklyn Rapid Transit Company in April, 1899, also acquired,
through one of its constituent companies, all the franchises and prop
erties of the former Brooklyn & Brighton Beach RR. Co., and the
work o f reconstruction of this property as an electric railroad is under
way. The company has also contracted with the Long Island RR. Co.
to lease for the period of 999 years to one o f the Brooklyn Rapid
Transit companies the Prospect Park & ConeyTsland RR. Co., the New
York & Coney Island RR. Co. and the Prospeot Park & South Brook
lyn RR. Co. Contract has also been made with the Reorganization
Committee of the Kings County Elevated Railway Co. and Fulton El
evated Railway Co. whereby all the preferred and common stock of
the newly-organized company which is to succeed to the properties,
privileges ahd franchises of the old companies is to be exchanged for
$2,000,000 of the stock of the Brooklyn Rapid Transit Co. Under the
Reorganization Committee’s plan the capital stock of the new com
pany will be $2,800,000 preferred and $6,000,000 common, and the
company will have an authorized bonded indebtedness of $7,000,000
in 4% bonds, of which only $5,000,000 w ill be issued, making the
total fixed charges of the new company as acquired by the Brooklyn
Rapid Transit Co. $200,000 per annum.
In April, 1899, stockholders were given the privilege of subsori bing
to the extent o f 7% of their holdings for Brooklyn Rapid Transit
stock at par, the proceeds of this issue of stock being intended to be
used in the acquisition o f the Brighton Beach Railroad properties and
the electrical reconstruction of those properties, as well as of the
leased properties of the Prospect Park & Coney Island RR. Co. and
allied lines. The total amount thus issued was $2,713,900,
The Brooklyn (Jity RR. Oo. is held under a 999-year lease, dated Feb.
14,1893, guaranteeing all oharges and 10 per cent dividends on $12,000,000 o f stock. The lease is nominally to the Brooklyn Heights RR.
Co. but practically to the Brooklyn Rapid Transit Co., since that com
pany owns the entire capital stock of the Brooklyn Heights Company
and guarantees payment of dividends to lessor, as said above. In
1898 the Heights Company leased also the Brooklyn Queens County
& Suburban RR., theretofore operated separately. On April 1,1899,
the Heights Company leased the Brooklyn Union Elevated RR. Co. for
one year for $100,000 and fixed oharges, and also on the same date
the Nassau Electric RR. for one year for $150,000 and fixed charges.
In the reorganization of Long Island Traction the old $30,000,000
stock paid an assessment o f $10 per $100 share, the old stock being
reduced to $20,000,000, and $7,000,000 of 5 per cent bonds being
authorized, against $3,000,000 of Long isiand Traction.
STOCK & Bonds— Outstanding. Interest. Maturity. Ann. charge
Held in voting trust.
Stock, $45,009,000___ See text.
B’klyu R .T .,g.,m ort.,) g go* non 5g A -0 Oot. 1,1945
$331,250
1895. $7,000,000.. 5 0’ “ ° ’
12,500
B’klyn H. RR. 1st M ..
250,000 5 A-O Apr. 1, 1941
175,000
B. Q. Co. & Sub. 1st M. 3,500,000 5g J-J ‘ July 1,1941
First consol, m ort. > 2,834,000 5g M-N »July 1,1941
141,700
guar. p.&i.(end.) 5
’
12,000
■ arn & B. RR. 1st M.
T
240,000 5g J-J Jan. 1 ,1930
26,000
Pea B’h Ry. 1st M., gu.
650,000 4g M-S Sep. 1,1916
6 J^J Jan. 1,1907
3,150
Sea View RR. 1st M ...
52,500
Feb. 1,1950
515,600
B S 1 k DC 0 ° i S ;| 12.890,000 5*
™
S
Net fixed charges, entire system........ .............................. $3,166,730'
Gross earnings and other income, entire system, year
ending Deo. 31,1898 (not including Kings County Elev.,
the Brooklyn & Brighton Beach, or the Prospect Park & .
Coney Island with allied lines soon to be acquired).... *. $10,196,025* Subject to call May 1,1916. t Subject to call, t Subjeot to call in
1916. § Five per cent after Feb. 1,1905.
STOCK—stock suthorized is $45,000,000; issued $43,000,000, $2,~
000,000 being reserved for acquiring Kings County and Fulton Ele
vated RR. Cos. as per agreement with Reorganization Committee. The
stock is to be held in a voting trust for five years, the trustees being:
Anson R. Flower, F. P. Olcott and A. N. Brady.
The Rapid Transit stockholders voted Feb, 11, 1899, to increasethe stock from $20,000,000 to $45,000,000.—V. 68, p. 185, 329.
Rond«—Of the $7,000,000 fifty-year gold 5s of 1895, $1,875,000*
took up collateral trust notes, $3,000,000 went to stockholders for the
assessment; balance for future requirements of the road. For de
scription of property covered by the mortgage see V. 62, p. 1138. TheCentral Trust Co. is mortgage trustee. In December, 1897, bonds for
$1,217,000 were listed, issued for purchase of Sea View RR. and for
extensions and improvements.—V. 65, p. 1219. In October, 1898,
$227,000 additional were listed. See application in full, V. 67, p. 904.
Brooklyn City RR. mortgage of 1891 is for $6,000,000 and is a first'
lien on the old Brooklyn City road and a consol, lien on the lines-’
acquired by consolidation in 1890. Of the $6,000,000 issued, $4,373,000 are in the hands of the public and the balance is held in theguaranty fund.
The total authorized issue of first consolidated mortgage gold 5s of
the Brooklyn Queens County & Suburban RR. is $4,500,000, of which
$1,666,000 are reserved for extensions, on which they w ill be a first
lien Of the $2,1-34,000 outstanding, $2,255,000 in 1898 were en
dorsed with the guaranty of the Brooklyn Heights RR. Co. as to prin
cipal and interest, and in January, 1899, provision was made for
guaranteeing the remainder on the payment of ten dollars per bond
Both B. Q. C. & S. loans are subject to call in 1916.
The Sea Beach Ry. 1st 4s also are guaranteed as to principal and in
terest by the Brooklyn Rapid Transit Co.—V. 65, p. 1219.
MILEAGE—The system May 10,1899, included:
Miles.
Miles.
Brooklyn Heights RR.......... 1-27 Coney Island & Gravesend. 6*43
Brooklyn City RR................ 204’77 »ea Beach R y........................ 12*23:
Brookl. Queens Co. and Sub 45’03
Total....................................482*28
Nassau Electric.................... 129*70
Brooklyn Union “ L” .......... 41*89 To be acquired—Kings Co. &
Fulton “ L” , ....................... 21*72:
Brooklyn & Brighton Beach 17*86
S e a V ie w R R ..... .......
2*20
Grand total.........................504*00
Prospt. Pk. & Coneylsland. 17*34
New York & Coney Island.. 2*41 Franchises unbuilt (about).200*00*
Prospect Park & So. Bklyn. 1*15
G e n e r a l F in a n c e s .— Between Jan. 31,1899, and May 10,1899, the
Company added to its property 238 miles of track, elevated and sur
face, and has contracted to acquire 22 additional miles. All of the
properties thus acquired have been secured through the issue of new
Brooklyn Rapid Transit stock and entail no new fixed charges for
such purchase except the rental to be paid for the Prospect Park &
Coney Island RR. (*40,000 per year) when the lease of that property
goes into effect—about June 1,1899. Moreover, all the propertieswhose stocks have been acquired by the B. R. T. Co. have recently
had their fixed charges greatly reduced by process of reorganization.
The balance sheet of Jan. 31,1899, shows no debts and a surplus of
$301,128.
E arnings —6 months ending Dec. 31 :
Other ine. Int.,tax,etc. Bal.,sur
6 mos
Qross.
Net
$42,530 $1,065,858 $235,825
18 9 8 ...........$3,104,778 $1,259,153
127,803
1,135,563
119,461
1897............ 2,712,532
1,127,224
REPORT—The Rapid Transit Co. receives about $184,500 a year in
interest upon securities held and funds invested, and is entitled toall the surplus profits of the operating companies.
The operations of the entire Brooklyn Rapid Transit Co.’s system
for the year ending Dec. 31,1898, showed:
TEAR ENDING DECEMBER 31, 1898 (ENTIRE SYSTEM).
Gross earnings..............................................................................$ f,0 4 *’1 ™
Expenses (including taxes)......................................................... 3,834,b80Net earnings........ . ................................................................. ^2’ o2 ?’ f2 £
Other income.......................................................................
z b i ,o7*»
Gross income..............................................■.............. ............
Fixed charges (less interest on bonds owned)..................... .. 2,074,459
Surplus.............................................................
$413,853:
ST R E E T
BALANCE SHEET BROOKLYN RAPID TRANSIT COMPANY DEC. 31, 1898.
Assets.
Investment aoe’t .......$22,408,719
375,000
Treasury bonds..........
B. G. RR. Go. const.
equity....................... 4,528,503
Interest receivable. . .
2,025
Sea Beaob Ry. stock..
l
Cash..............................
7,749
Bills receivable..........
131,174
Liabilities.
Capital stock............... $20,000,000
Mortgage bonds........
7,000,000
Accrued int on bonds
and coupons.............
100,762
Vouchers......................
¿77
S. B. Ry. con tra ct.....
l
Taxes accrued.............
17,209
Operating accounts...
18,266
Profit & loss (sur.)___
316,656
Total..........................$27,453,171
Total.......................... $27,453,171
The balance sheets of the Brooklyn Heights RR. and the Brooklyn
Queens County & Suburban RR. as of June 30, 1898, were in the
Chronicle o f Aug. 13, p. 317.
OFFICERS—President, Clinton L. Rossiter; Chairman of Board, A. N.
Brady; Vice-President, Horace 0. Du Val; Secretary and Treasurer.
T. S. Williams, Clinton and Montague sts., Brooklyn.
D irectors—Olinton L. Rossiter, W. C. Bryant, Horace C. Du Val, John
D.Keiley, Timothy S. Williams, John G. Jenkins, Theodore F. Jackson,
Anthony N. Brady, Henry Seibert, Seth L. Keeney, David H. Valentine,
John Englis; O. D. Meneely. INDEX—V. 68, p. 130,185, 329, 472, 523,
570, 617, 669, 721, 770, 821, 870, 975.
Companies Controlled by Brooklyn Rapid Transit Company.
( 1 ) BROOKLYN UNION ELEVATED R R .—A steam road, to be
made electric.
ORGANIZATION—Organized in January, 1899, as successor of the
Brooklyn Elevated RR. and its allied lines per p la n in V. 64, p.
6 0 9 . All the old mortgages were foreclosed and the properties were on
Feb. 16,1899, transferred to this company, which has issued thereon
the following new securities: (1) First mortgage for $16,000,000 gold
bonds, due 1950, at 4 per cent until 1905 and 5 per cent thereafter;
(2) preferred 5 p. o. non-cumulative stock, $5,000,000; (3) common
stock, $13,000,000. The cash contributions levied aggregated $1,921 500.
Fixed Charges—Only $12,890,000 first mortgage bonds have been
issued to carry out the plan, and the present yearly fixed charges are
estimated as follow s: Inerest on firsts at 4 p. c., $515,600; taxes
(est.), $108,000; total, $623,000 (old fixed charges were $882,083).
S tock and Bonds.—Securities outstanding:
• A fter reorgainzation— Date. Interest. Outstand'g. Maturity, etc.
Com. stock, $13,000,000.............................. S12.926.700
U
Pref. stock, 5% non-cum., \
„ QoA i m
$5,000,000.................. C.........................
3,830,160
............
1st M., $16,000,000 g., 4% ) .
< 4 to 5 > „ QQr. „ n„
till 1905, thereafter 5%. 5 1899 £ semi-an. > 12,890,000
1951
Road—Owns from Fulton Ferry to East New York, 5-73 m iles; Broad
way and Lexington Avenue to Broadway Ferry, 2-78 miles, and Myrtle
Avenue to Adams Street and Brooklyn Bridge, 4*82 m iles; branch tc
Greenwood, 3-58 m iles; to Cypress Hills, 1-4 miles, and to 65th Street,
1-8 miles; total, 20-11 m iles; second track, 20-11 m iles; total track,
40-22 miles. Cars are run direct from Brooklyn Bridge, via Union
Station at 36th Street and 5th Avenue, over the old Prospect Park <
&
Coney Island to Coney Island.
The company’s trains have been run across the Brooklyn Bridge
since June, 1898, (V. 66, p. 1187), and on July 1,1898, the operation
o f the Bridge railroad was oommenoed by the Receiver under a new
contract. A share of this contract is assumed by the Kings County
Elevated. See terms o f contract in V. 67, p. 27, 426. The main lines
are expected to be equipped with electricity (third-rail system), during
1899.—V. 66, p. 27.
In March, 1898, an agreement was made with Long Island RR. pro
viding for join t construction of connecting line at East New York and
running of through trains from Jamaica to Brooklyn Bridge and from
Rockaway Park to Broadway ferries. Construction begun in Nov.,
1898, and work completed in February, 1899.—V. 67, p. 1054. Rookaway line operated since July, 1898, and line to Jamaica opened in
Oct., 1898. V. 67, p. 124,175, 954.
Fixed charges o f the new oompany are estimated at present at
$623,600 per annum, including taxes.
A nnual R eport —Report for year ending Deo. 31,1896, in V. 64, p.
80. Increased earnings in 1895 were due to strike on trolley roads.
,
_ Gross.
Net.
Old Charges.
Balance.
1897-8...................$1,626,423
$&50,365
$841,989
$291,624
1896-7.................. 1,669,581
634,411
894,780
260 369
1896 (cal. year).. 1,718,688
688.699
882,084
def. 193,385
1895
do
.. 2,082,937
924.699
859,428
sur. 65,271
L atest Earnings—6 months ending Dec. 31 :
6 mos.
Gross.
Net.
Other ine. Charges.*
Balance.
1898........ $847,833 $255,553 $16,529 $100,483
sur. $171,599
1897........ 832,655 297,190
’ . . . . 430,298
dS. l^ lO S
* No bond interest included in 1898 in receiver’s account.
Officers .—President, Clinton L. Rossiter; Vice-President, William
Halls, Jr.; Secretary and Treasurer, T. 8. Williams.—V. 68, p. 230,280
426, 570, 617, 721, 821.
R A IL W A Y S ,
21
Avenue Railroad Co., the Brooklyn Bath & West End Railroad Co., the
Kings County Traction Co.—see V. 66, p. 39,183. The assets o f the
Kings County Traction Co. were purchased at public sale in July, 1898
by the syndicate conducting the consolidation.—V. 67, p. 74, 125j
.
Certificate o f merger o f Atlantic Ave. RR. and United RR. was filed
on Jan. 2 6 , 1899.—V. 68, p. 283, 821.
STOCK & BONDS—
Date. Interest. Outstand'g. Maturitys
.
Common stock, $8,500,000
___
....
$8,500,000
Preferred stock,$6,500,000
___
....
6,500,000
III!.
Bonds—For details see Rapid Transit statement above.
The new mortgage secures $15,000,000 of gold 4s, o f which $1,500,-000 reserved for future requirements, $2,500,000 issued in 1898 to pay
floating debt, etc., and the balance, $11,000,000, issuable only to retire'
a like amount of existing loans.
Road—Road extends from Broadway Ferry to Canarsie landing, 39th
Street Ferry, Sheepshead Bay, Manhattan Beaoh and Fort Ham ilton,
about 68 miles of track; with Atlantio Avenue lines, reaches City
Hall, Fulton, Wall and South ferries, Bensonhurst, Bath and Coney
Islan d; total operated, 130 miles.
Atlantio Ave. RR. owns the double-track steam road from Jamaica to
Flatbush Avenue Station in Brooklyn 9*3 miles (19 miles of track),
which is leased for 99 years from June 1,1877, to the Long Island R r I
Co., affording that company entrance into the City of Brooklyn—rental,
formerly a percentage of receipts, was changed in 1895 to $60,00ft
yearly.—V. 61, p. 828.
Latest Earnings—6 months ending Dec. 31.
6 mos—
Cross.
Net.
Oth. ine. Int., tax, etc. Balance
1898...........$1,156,976 $234,520 $35,273 $480,419 def $210 62ff
1897........... 1,063,743
460,849
31,295
394,674 sur. 97,470
EARNINGS, Et c .—The fixed charges, other than taxes, w ill be about
$585,000 yearly, as against $737,000 in year 1897-98. For year end
ing June 30,1898, earnings, etc., were as below: (See V. 67, p. 840.)
Gross earnings............ $2,054,080 I Interest on b on d s....
$260 584
Operating expenses---- 1,259,838 |Taxes.................................. 72 00ft
-----------Rentals................. I 'll III! 477*444
Net earnings............ $794,242
Other income................
63,610
Total charges.............$810,028
Balance, surplus............. $47,824
Total net.................. $857,852
UNITED RAILROAD—Successor in January, 1898, to Brooklyn
Cable Co., sold in foreclosure Deo. 23,1897. Capital stock is $300,00ft
($100 shares). In February, 1899, merged in Nassau Electric RR —
V. 65, p. 1172; V. 66, p. 80.
BROOKLYN
CITY & N E W T O W N
Coney Island & Brooklyn City RR.
BROOKLYN NEWTOWN
F L U S H IN G R R .— trolley road.
A
RR.-See
J A M A IC A &
O rganization—This company has been organized to build electrio
railways from Brooklyn to Jamaica, College Point, Flushing, Whitestone, etc., within a radius of twenty-five miles of Brooklyn. It is
stated that rights of way have been secured. N. R. Appleton of New
York is President, and with him is associated Benjamin F. Frick,
formerly secretary o f the Atlantio Avenue RR.—V. 63, p. 401.
C O N E Y IS L A N D & B R O O K L Y N R R .—
ORGANIZATION—Chartered Deo. 10, I860. Cars commenced running
over the Brooklyn Bridge Feb. 15,1898.—See V. 66, p. 383.
Brooklyn City & Newtown was leased in November, 1897, for 999,
years, and practically all of its capital stock acquired.—V. 65, p. 1070»
„ S tock & Bonds.— Date.
Interest.
Outstand'g. Last div.. <£c._
Stk.$2,000,000(p.$100)...............
Q .-F . $l,884,2<So M ay1/9 9 2 ^
First m
ort., cur., o.) -,00. c ,
_
’ ’
J
($1,000)................... 5 1884 5 J. - J.
300,000 Jan. 1,1904=
„
3 Trustee, Brook. Trust Co. Int. at Mechanics’ Bank, Brook*
Cert, of indebt. ($1,000) 1895 5 J. - J.
$400,000 Jan. i , 1910First consol, mort., < 1898 4g. J. - J.
700,000 July 1.1948
$2,000,000, gold ... ( Trustee, Mercantile Trust Co.
S ecurities—stock authorized $2,000,000, an increase of]$l,000,000.
having been made in 1898, to take up B’klyn City & Newtown stock.
Of the $2,000,000 4s of 1898, $300,000 are reserved to take up the
1st 5s, $100,000 to retire the certificates o f indebtedness, $100,000
«an be issued by vote of directors, and $500,000 upon assent of twothirds of capital stock.
Road—Brooklyn to Coney Island, with branches, 13% miles; second1
'
track, 12*63 miles; Brooklyn City & Newtown RR., main line and
branches,8-8 miles; seoond track and sidings, 9-95 miles; total operated
45*13 miles.
DIVIDENDS—In 1893 4 per cent on $500,000 and 3 per cent on
$1,000,000; in 1894, 5 per cent; in 1895,6 percent; in 1896,5 per cent*
in 1897, 6 p. c.; Feb., 1898, 2 p. c.; May, 2 p. o.; Aug., 2 p. o. In N ov.,
1898, rate changed to 2*3 p. o., payable quarterly. V. 67, p. 955. In
1899, Feb., 2 ^ p. c.; May, 2*2 p. c.
L atest Earnings.—For the 12 months ending June 30,1898, includ
ing the B. C. & Newtown, from Deo. 4,1897, and for the six months .
ending Dec. 31,1898, the earnings w ere:
l f ™ 0S G r 0SA.
8
NetOth. ine. Int., taxes, etc. Bal.,sur.
1897-8.. .$769,924
$287,169
$43,468
$245,221
$85.416
( 2 ) NASSAU ELECTRIC RAILROAD.—trolley road.
O rganization—Chartered March 13,1893, under the laws of New
York. Opened in July, 1895, and in April, 1896, leased the Atlantio
290,232
58,750
242,360
106,622
Avenue RR., etc. Cars commenced running over the Brooklyn Bridge 1 8 9 8...I. 796,950
The oombined earnings both roads, for the entire year, 1897-8, were:
Feb. 15,1898—see V. 66, p. 383. In Jan., 1899, sale of Nassau Electrio stock, form erly held by Johnson Brothers, C. T. Wilson & Co. and Gross, $956,778, net, $372,185, against gross, $856,645,* net
$302,614, in 1896-7.
others, was made to Brooklyn Rapid Transit, and subsequently the
O fficers—President, John L. Heins; Treasurer, Duncan B. Cannon;
latter also acquired the holdidgs of Patrick H. Flynn. As stated
Superintendent, D. W. Sullivan.
above, the Rapid Transit Company owns $8,499,716 out of the
Office, Smith and Ninth streets, Brooklyn.—V. 66, p. 38, 383,1044.
$8,500,000 common stock of the Nassau Electric and $6,052,000 out
o f the $6,500,000 preferred stock. The Rapid Transit assumed the
Controlled by Coney Island & Brooklyn R R .
management of the road on May 1,1899.
BROOKLYN CITY & NEWTOWN RR.—
The Nassau Electrio Railroad and its subsidiary lines in 1898 un
ORGANIZATION—Chartered May 22, I860, as De Kalb Avenue line.
derwent recapitalization, by which provision was made for the re November, 1897, leased to Coney Island & Brooklyn for 999 years.—V.
tirement of all of the outstanding securities of the various companies 65, p. 869; V. 65, p .3 6 6 , 1070. In 1898, the Coney Island & Brook*
controlled by it, viz.: The Nassau Eleotrio Railroad Co., the Atlantic lynRR. acquired by exchange all the stock except about $15,000.
22
STR E E T R A IL W A /S ,
STOCK & BONDS. Date.
Interest.
Outstand'g.
Last div., <tc.
Stock ($100 shares) .........
(9)
$1,923,400
(9)
1st M., $2.000,000.. 1889
5 J .-J .
2,000,000
July 1, 1939
............
191,605
...............
B.E.smorts.Mar.,’97 . . . .
Loan and bills payable Dec. 31,1897, were $17,000.
Interest and dividends at Mercantile Trust Co. (mortgage trustee).
Road—
Miles. |
Miles.
Single track,main line.......... 8’80 I Sidings................................... l -40
second track
do
. . . . . . 8*551
-------Weight of rails 66*2 and 98 lbs.
|Total owned........................... 18*75
D iv id e n d s — ? 1892. 1893. 1894. 1895. 1896. 1897.
1898.
Percent. 5 4
8
11
11
10
7^
(9)
Latest Earnings.—See Coney Island & Brooklyn RR.
A nnual R eport .—Results for the fiscal years ending June 30, before
lease to Coney Island & Brooklyn.
1896-7. 1895-6. I
1896-7. 1895-6.
Gross.................$519,374 $553,586 |Int. on bonds.. $99,520 $98,012
N et.................. 196,106 220,873 i Taxes................ 22,396
20,742
Other incom e.. 15,943
8,628 Rental, etc.......
9,491
10,569
Net income.. .$212,049 $229,501 Bal., surplus... $80,642 $100,178
I D ividends.. (8)80,000 (10)100,000
—V. 65. p. 194, 234, 366, 410, 869,1070; V. 66, p. 38,425.
fc
m
m»
______
K IN G S C O U N TY E L E V A T E D — steam road, but
A
to be changed to electricity, under the arrangement by which the
property, after the reorganization of the company, passes into the
possession of the Brooklyn Rapid Transit Co.
ORGANIZATION—Chartered Jan. 6, 1879, and road opened in April,
1888. Securities readjusted in 1895. The Fulton Elevated has been
absorbed. In February, 1896, agreement was made to lease the ele
vated extension o f Brooklyn & Brighton BeachRR., about mile, and
about 3 miles of trackage additional, for rapid transit purposes.
Through trains are run to Brighton Beach; see V. 63, p. 754. Connec
tion has been made with the Long 1-land Electric for the running of
1
cars to Jamaica, Queens, Hempstead and Far Rookaway.—V. 64, p. 330.
Trains began crossing the bridge in November, 1898, the Kings
County Elevated assuming, under a provisional agreement, certain
obligations under the contract made by the Brooklyn Elevated. See
terms of contract in V. 67, p. 27, and also temporary bridge agree
ments in Y. 67, p. 901. The third-rail electric system has been intro
duced on about one mile of the road where grades are heavy, and
eventually the entire system will use electricity.—V. 67, p. 125, 956.
R e c e iv e r s h ip —On Nov. 17,1897, James H. Frothingham, Treasurer
o f the company, was made permanent receiver, succeeding Gen. James
Jourdan, who was appointed temporary receiver Aug. 31,1896.—V
65, p. 1024. In April, 1898, the receiver obtained permission to issue
$400,000 certificates to make connections with Brooklyn Bridge.—V
66, p. 709. Permission had previously been granted to issue $100,000
certificates to pay taxes for 1895, 1896 and 1897. A proposition for
change in existing contract and increased tolls for use of bridge was
made by city in May, 1898.—See V. 66, p. 899, 953.
REORGANIZATION—In April, 1899, a plan o f reorganization was sub
mitted (see Y. 68, p. 724), which provides for the absorption of the
property by the Brooklyn Rapid Transit Co., the latter company
issuing $2,000,000 o f its stock in exchange for the entire stock
($6,000,000 common and $2,800,000 preferred) of the new company.
Interest charges after reorganization will be only $200,000 per annum.
The plan provides for the issue of the following securities:
F irst mortgage 4 per cent gold bonds due in 1949; these bonds are
to be seoured by mortgage covering all the property and franchises
o f the new company, including after-acquired property. Total issue$7,000,000.
Of which issuable for reorganization.....................................$5,000,000
Remaining in treasury for future improvements.................. 2,000,000
P referred stock , 5 p. e. per annum, non-oumulative [to
he exchanged for $1,400,000 Brooklyn Rapid Tran, stock.] 2,800,000
Common stock [to be exchanged for $600,000 Brooklyn
Rapid Transit stock]................................................................... 6,000,000
The following gives the details of the old securities:
STOCK & B onds—
Date. Interest. Outstand'g. Maturity, etc
Stook . .......................................................... $4,750,000
..................
Receiver’s certificates....... 1897 4*a p. o.
100,000 Dec. 30,’99
....... 1898 4*2,5,6
300,000 Mar.30.1900
Do
do
All certificates are redeemable six months after issue.
6g. J—
J
200,000 Jan. 1,1925
1st tw „Aid (n aaa uaniA. C 1885
^
1885
A , $550,000 per mile. - - .c £ Jul 18§H - coupons last paid.
6> J"J 3,231,000 Jan. 1,1 92 5
FnitAnFi 1 at M., A $1,000 £ 1339 5g. M— 96> not pd Mar. 1,1929
v
A”
S
FultonELlst t t H i l 000$ Int,8t due Sept.t >2,543,000 at matlirity.
Kings County 2d mort. col. tr. incomes—
“ A” $ l ,000,000, ino. oum.. 1893
6 p. o.
996,000 Apr. 1,1938
“ B,” income oum............. 1893
6 p. c.
453,500 Apr. 1,1938
Income debent.,non-cum... 1893
6 p. o. 3,276,000 Apr. 1,1938
Car trusts ($4,000 due each s 1893
6 F-A
20,000
1898-1903
Feb. 1); par, $1,000.......... ( Interest at Atlantio Trust Co., N. Y.
63,500
..................
Mtge. on real estate.........................................
Old securities outstanding, balance retired under plan o f 1894—
2d M., $1,000 (see te x t).... 1888
5g. A-O $257,000 Apr. 1,1938
Funded coup, scrip............. 1890 6 Apr. 1
8,550 Apr. 1,1900
FLOATING D e b t —Sept. 30,1898: Loans and bills payable, $210,000;
interest on funded debt due and accrued, $462,930; accrued taxes.
$1,270. Cash on hand, $86,117.
E x c h a n g e —The exchange of old securities for^new under the reor.
ganization plan will be per the following term s:
.------- ±nd Receive--------,
New 1st *New *New Brook.
Bay
Old Securities,
Assess Mort'ge Pr’f'd Com. RapTr.
p er $l,0005on<fs, $100 stock ment. Bonds. Stock. Stock. Stock.
■. . . . $830
$250
Kings Co. Elev. l i t M........
$125
....
830
Fulton Elev. 1st M.............
250
125
....
$100
Kings Co. Coll, Trust “ A” ,
300
$600
210
200
do
Coll. Trust “ B” .
100 ! . . . .
400
140
....
200
100
do
Income debents,
300
130
6
....
do
Stook..................
3
60
7*50
'The new preferred and the new common stocks are to be exchanged
fo r the Brooklyn Rapid Transit stock as stated in the last column.
Road—Kings County owns double-track road through Fulton Street
to former city line; Fulton Elevated thence to new oity line.
Tracks were as follows on June 30,1898,21*723 miles in all:
Tracks—
ist.
2d.
3 d. Sidings, etc. Total.
Kings County El., miles.......5*444
5*444
0*962
0*627
12*477
Fulton El., miles...................2*884
2*884
0*475
3*003
9*246
L a t e s t E a r n in g s —July 1 to March 3 1 ,9 months:
Oross.
Met.
Oth. Inc. Ini. < tax.
&
Balance.
$41,582
$904
«45,411
def. $2,925
1898...... $505,308
1897....... 544,111
89,465
7,151
162,493
def. 95,877
A nnual R e p o r t — Fiscal year ends June 30. Results for 1897-98,
with balance sheet, were given in V. 67, p. 952, showing as fo llo w s:
1897-98. 1896-97.
1897-98.
1896-97.
Gross........... .. $694,480 $725,314 Int. on bonds*.$120,072 $300,700
Net.................. 74,862
175,482 Rentals, etc.. 27,702
33,345
Other income.
7,385
16,870 T axes............. 23,559
58,760
Net income. $82,547 $192,352
Bal., deficit $89,086 $199,763
Receiver’ s statement includes int. on bonds to Nov. 20,1897, only.
O fficers—President, James Jourdan; Vice-President, August Bel
mont; Secretary, Henry J. Robinson; Treasurer, James H. Frothing
ham; General Man. and Purchasing Agent, W. T. Goundie. Office, 540
Franklin Ave., Brooklyn. N. Y.—(V. 68, p. 187, 331, 977.)
L O N G IS L A N D E L E C T R IC R Y
-T rolle y .
Completed and in oper
ation in 1897 from Crescent Ave., Brooklyn, at the terminus of the
Kings Co. Elevated to Jamaica, Far Rookaway, etc. Power furnished
from its own power house. Through connection is made to the B rook'
lyn Bridge over the Kings County Elevated Railroad.
STOCK & B o n d s — Date.
Interest.
Outstand'g. Maturity.
Stook, $600,000.....................
...............
$600.000
...............
1st mort’g e,$600,000 ( 1895
5 g. J - D
600,000 June 1,1925
($1,000)................ o* ( Int. at Hamilton Trust, Brooklyn, Trustee.
E a r n in g s .— For year ending June 30, 1898, gross, $82,770; net,
$20,116; other income, $250; fixed charges, $31,782; balance, deficit,
$11.416. On June 30,1898, loans and bills payable, $20,000. Three
months ending Sept. 30 in 1898 gross, $34,199; net, $15,633. In
1897, gross, $28,622; ret, $12,579.
O fficers—President, A. R. Hart, 320 Pearl St., N. Y.; Treasurer,
William L. Wood, of Jamaica, N. Y .—V. 62, p. 548,779; V. 64, p. 330.
ORGANIZATION—Chartered March 5, 1894.
V A N
B R U N T S T R E E T & E R IE B A SIN
R R . —A trolley road.
O rganization , Et c .—Chartered Feb. 15, 1861. Stock, $200,r 00,
all issued; par, $10. Bonds, $25,000 1st 6s, A. & O., all issued, dated
1882, due April 1,1892. Road, 2 ^ miles, changed to electricity in
1898. Year ending June 30,1898, gross, $32,101; net, $6,357; charges,
$2,812; other deductions, $12,596; balance, deficit, $9,051. President,
Michael Murphy; Sec. and Treas., Wyllys Terry. Office, 264 Van Brunt
St., Brooklyn, N. Y.
B U F F A L O , N. Y .
P o p u l a t i o n 1890
255,664; in 1880
1870 w a s 117,714.
was
a n d in
was
155,134;
BUFFALO B E L L E V U E & LANCASTER
R A I L W A Y — trolley road. Has passed into control of theIn
A
ternational Traction Co.
ROAD— Owns and operates 15 miles of track on 13 miles of street.
T rs.end.June30.0ross.
Met.
Oth.inc. Int. d taxes.
k
Balance.
1897-8..............$36,365
$4,254 $2,000
$12,414
def. $6,160
1896-7.............. 37,576 3,714
2,173
12,025
def. 6,138
BUFFALO
R A I L W A Y —A trolley road.
Control has just passed to the International Traction Co.
O r g a n iz a t io n .— Chartered Nov. 22, 1890. A consolidation o f the
Buffalo Street RR., Buffalo East Side St. Ry. and West Side St. Ry. Com
panies. Franchise runs 955 years. It also owns the entire capital stook
of the Crosstown Street Ry. In Jan., 1897, control of Buffalo Belle
vue & Lancaster Ry. was obtained, but report is not included in oper
ations o f Buffalo Ry, In June, 1898, it was understood that the stook
of the Buffalo Traction Co. had been purchased for or in the interest o f
the Bui. Ry.—V. 66, p. 1139. Since Aug., 1898, transfers passengers
over Buffalo Traotion lines.—V. 67, p. 318. Buffalo polioe oensus 0 f
1895 gave population of oity as 335,709.
Power is furnished by the Niagara Falls Power Co. at Niagara Falls
22 miles from Buffalo- see V. 63, p. 230, 923.
STOCK & BONDS— Date. Miles. Interest. Outstand'g. Last div., die.
Buffalo Ry.St’k ($100) ............... 4 Q .-M . $5,370,500 Mch. 1 5 ’99,1%
Buffalo St Rv IstM .} Int i8 payable at Nat. Bank 95,500 May 1,1899
ttunaxo sc. ±ty. is t M } 1869 . . . . 7 M .-N.
of com merce, N. Y.
do
do
2 d M i 1875 ---• 6&7J.-J.
650,000 July 1,1905
“ 1( Int. is payable at Nat. Bank o f Commerce. N. Y.
BuffaloE Side 1st M i 1874 ---- 7 J .- D .
300,000 J u n e l, 1904
BunaioE.siue 1st m . ^ Int l8 payabIe at Company’s office, Buffalo.
do
do 2 d M $ 1882 •— 6 M .-S .
293,500 Sept.1,1912
* ( Int. is payable at Company’s office, Buffalo.
1st Con. M. ($1,000) J 1891 67 5 g. F.-A. 3,661,000 Feb. 1,1931
$5,000,000gld.o*&r) Int. is payablebyCuyler,M organ*Co.,N.Y.City.
Real estate mtges. (5).................... 6 J .-D .
150,000 June20,1904
Buff. Ry. debentures,)
$1,000,000, g., red. f 1897 5g. A. - O.
1,000,000 Apr. 1,1917
at 105 after Apr. 1, ( Trustee, Metropolitan Trust, N. Y.
1902 ($500,$1,000) J
Guaranteed bonds—Crosstown Railway.
1st M. gold ($3,000,- J 1892 73 5g.M.-N.
2,830,000 May 1,1932
000), guar, p.&i.o* f Int. is payable at Metropolitan Trust, N. Y. City.
Stock—Stock of Buffalo Ry., $6,000,000,of which $629,500 in treasuryDIVIDENDS—In 1895, Sept., 1 p. 0.; Dec., 1 p. 0.; in 1896, 4 p. 0.; in
1897,4 p. c.; in 1898, March, 1 p. 0.; Sept., 1 p. 0.; Deo., 1 p. 0.; in
1899, March, 1 p. c.
Bonds.—1st. consol, mortgage o f iSgi is for $5,000,000, o f which in
Jan., 1898, $1,339,000 reserved for prior liens. Mortgage trusteeMercantile Trust Co., New York. The debentures of 1897 are seoured
by deposit of $2,000,000 stock of Crosstown Street Ry.—V. 63, p. 1114,
The Grosstoton Street Railway bonds unsold can be issued at $30,000
per mile for new construction certified by President and Secretary.
ROAD.—Company operates road as follow s:
Road owned in fee.
Miles. I Controlled by stock.
Miles.
Mainline and brs. (trolley). 40*60 |Crosstown St. R y. o f Buffalo 93*50
Main line and br. sec. track. 25*85 1
--------Sidings..................................
*72
Total all tracks Jan. 1 ,’ 98.160*67
Weight rails.......62, 67 and 94 lbs. 1
ST R E E T R A IL W A Y S
28
Latest Earnings—Including the Crosstown Street Railway—9
months -Ju ly 1 to March 31:
9 monthsGross.
Net.
Oth. ine.
Charges. Bai., sur
1898-9.......
$1,372,568 $619,996 $22,837
$448,031 $194,802
1897-8....... . 1,423,674
656,373
21,808
436,601
241,580
A nnual R eport —Fiscal year ends June 30. The reports for the
entire system, including the Crosstown Street Railway have show n:
Tr.toBne 30. 1898.
1897.
1898.
1897.
150
Av.miles op.............
Balan., surplus,
Gross eam .$l,875,462 $1,819,578
for year.........$293,642 $268,057
N efcjii:.......
§70,524
837,992 Total surplus,
Int.& taxes.
576,882
569,*935
July 1............................ 811,371
STOCK & bonds —
Bate. Interest. Outstanding.
Maturity.
$600,000
Jan. 1 ,1937
Stook, $3,000.000.......................................
1st mortg’e, $5,000,000. 1897 5 g.J -J
600,000
..................
Trustee, Central Trust Co., New York.
A new mortgage under consideration in 1899—see V. 68, p. 571.
E a r n in g s —Year ending June 30,1898, gross, $42,705; deficit under
operating, $12,808; charges, $33,053.
Road—I n 1898 operated 13*3 miles of track and 21 motor cars.
In Jan., 1899, it was reported that the line was to be double-tracked
end extensions made.
BALANCE SHEETS JUNE 30, 1898.
O r g a n iz a t io n — Chartered August 10, 1891. On June 30, 1898,
stook, $75,000; no bonds. Operates 5*4 miles of track, Buffalo to
Williamsville, 56-lb. rails. For year ending June 30, 1898, gross,
$12,161; net, $4,459; taxes, $586. In 1896-7, gross, $12,633; net, $4,941.
OFFICERS—President and General Manager, J. Blooher; Vice-Pres-.
E. C. Longnecker; Sec., A. C. Rinewalt; L. E. Grove, Supt. and Treas.
B uffalo Orosstown
B uffalo Orosstown
R ailw ay. R ailw ay.
R ailw ay. R ailw ay.
Cost o f road and
Capital stock ....... $5,3 0,500 $2,860,000
e q u io m e n t.......$11,986,528 $5,657,830 Funded d ebt...... 6,150,000 2,830,000
Securities owned. 1,«43,079
............ Int. due & accru’d
102,740
20,606
Cash on band. ..
20,870
82,573 Bills payable
774,764
5.168
Open accts., e tc..
58,202
170,063 Open accts., e tc..
266,45 «
24,896
Supplies on hand.
35,36 i
4,023 Profit and lo ss ....
fc89,591 123.759
_
.
.
T otal..............$ 13,354,047 $5,«64,489
T otal.............. $13/-64,047 $5,864,489
B U F F A L O & W IL L IA M S V IL L E E L E C - R Y -
IN T E R N A T IO N A L T R A C T IO N CO.—
Trolley.
O r g a n iz a t io n —Organized in 1899, and has acquired the Buffalo
street railways, the railways leading from Buffalo to Niagara Falls
and Lookport and the Niagara Falls Railway and Suspension bridges,
as well as the Canadian trolley road —V. 68, p. 524, 571.
STOCK AND Bonds—The capitalization of the company is to be
$5,000,000 4 per cent preferred stock and $15,000,000 common.
There will also be an issue of 4 per cent collateral trust bonds, but
B U F F A L O H A M B U R G & A U R O R A R Y .To he a trolley road,
particulars are not yet available. The bond issues of the constituent
O r g a n iz a t io n — incorporated in 1898. Stock, $400,000; 1st mort companies are not to be disturbed at present. The following is a li st
gage authorized, $400,000; Buffalo Loan Trust & Safe Deposit Co. of these constituent companies,with their stock and b onds outstand
trustee. Contract let in March, 1899, for construction of 19 miles ing:
fames o f companies.
main line, brick power-house, car-house and turn-outs; total track, 21
Existing
Existing
B uffalo P roperties —
bonds.
stock.
miles. It is thought road between Buffalo & Hamburg and Orchard
Buffalo Railway Co............................
$6,083.500 $5,370,500
Park will be ready by August 1.
Cross-town Street R’y Co. of Buffalo."I 2,830,000
2,860,000
The Buffalo Traction C om p a n y .........
O fficers—President, A. J. Benzing; Vice-President, Walter Phelps;
600,000
600,000
I nter -Urban Properties —
Sec. and General Manager, U. L. Upson, 1095 Ellicott Square, BuffaloBuffalo Bellevue & Lancaster Ry. Co..
215.000
90,000
Buffalo & Niagara Falls Electric R y ...
886.000
1,250,000
Buffalo & Lookport Railway................
B U F F A L O & N IA G A R A F A L L S E L E C T R IC
500,Ot 0
1,000,000
Elmwood Ave. & Tonawanda ElecJRy.
R A I L W A Y .—a trolley road.
14,125
T onawanda P roperty —
This is one o f the roads acquired by the new International Traction
Buffalo Tonawanda & Niagara Falls
Company.
Electric Railroad C om pany...,..........
1,500,000
ORGANIZATION—A consolidation in May, 1895 ,of the Buff. & Niagara Niagara F alls P roperties —
Niagara Falls & Susp’n Bridge Ry.'Oo.
518.000
600,000
Falls and the Buffalo & Tonawanda Electric, which were chartered in
Niagara Falls Whirlpool & Norh’n Ry.
22,500
50,000
1894 and 1893 respectively to construct and operate a trolley I nternational Bridge P roperties —
a Niagara Falls Susp’ a Bridge C o... >
road between Buffalo and Niagara Falls via Tonawanda. Road opened
300.000
400.000
b. Clifton Suspension Bridge C o ...... j
Sept. 20,1895. Power is furnished by Niagara Falls Power Company.
a. Lewiston Connecting Bridge Co... )
125.000
400.000
Company has traffic agreements with the Buffalo Railway and Niagara
b. Queenston Heights Bridge Co.......C
Falls & Suspension Bridge Railway companies. On Aug 22,1898, the Canadian P roperty —
Niagara Falls Park & River R y...........
600.000
600.000
Buffalo Kenmore < Tonawanda Electric Ry. was purchased at forefe
elosure sale, and will be used as a part o f the Buffalo & Lockport line
T°ta l...............................................................$12,680,000 $14,739,625
between North Tonawanda and Buffalo.—V. 67, p. 427, 529.
OFFICERS.—President, W. Caryl Ely; Vice-Prest., Daniel 8. Lamont;
_ STOCK & Bonds—
Bate. Interest. Outstand'g. Maturity.
Sec. and Treas., Richard F. Rankine; Gen. Manager, Burt Van H orn.
Stook $1.250,000... .......................
Q-M $1,250,000 Mar. 15’9 9 ,1
Executive Committee.—Chas. H. Coster, Francis Lynde Stetson, Dan
8 °ld........ 0 1895 5 g. J-J
750,000 July 1.1935
2dM.,$250,000,g.,s.f.,red. ) 1896 5 g. J-J
150..000 July 1, 1921 iel S. Lamont and Wm. B. Rankine of New York; W. Caryl Ely and
aft. 1901 at 105, $l,000.c 5 Int. at Mercantile Tr., N. Y., trustee.
Burt Van Horn of Buffalo; and T. De Witt Cuyler o f Philadelphia.—
Interest is payable at Mercantile Trust, N. Y. City. Profit and loss V. 68, p, 524, 571.
surplus July 1,1897, $5,282.
Sinking fund on 2d mortgage bonds is at least $10,500 a year, and
begins Oot. 1,1901, bonds to be purchased at not exceeding 105 p. o.
B U R L IN G T O N , I O W A .
First quarterly dividend 1 p. c. paid Sept. 1898; Deo. 15,18 9 8 ,1 p.c.;
P opulation 1890 was 22,565; in 1880 was 19,450;
in 1899, Maroh, 1 p. c.
AND in 1870 was 14,930.
R o a d —Buffalo to Niagara Falls, 15 miles; 30 miles of track.
B U R L IN G T O N R A I L W A Y & L IG H T C o R e p o r t — Operation was commenced September 20, 1895, and to
O r g a n iz a t io n — A consolidation of Burlington Electric Ry., Burl
June 3 0 ,1 8 9 6 ,9>a months, gross earnings were $73,536; net, $23,575; ington Gas & Fuel Co. and Burl. Elec. Light Co. in 1897.—V. 64, p. 329.
nterest and taxes, $29,419; balance, deficit, $5,844. For years ending „.STOCK & BONDS—
Bate. Interest. Outstand'g. Maturity.
June 30 earnings have been:
1st M., $750,000 ($500, &o.),< 1897 5 *A -0 $625,000 Oct.’ i , 1917
1898.
1897.
1090 .
109 /.
red. aft, 5 y’rs at 105,cur.©* ( Int, at American L.<feT.,Boston,tru8tee.
Gross............... $153,502 $135,343 Int. on bonds.. )
5 $41,837
Net.................. 75,773
58,933 Taxes...............Jipo<J,7bo^ 7,382
Bonds—Mortgage covers railway, electric-light and gas plan t Bonds
Other income.
1,995
1,413
for $125,000 are reserved for extensions to gas plant.
Balance for year.$24,002 $11,127
R o a d — Total track 16*3 miles trolley; 40 and 66 lb. T rail.
$77,768 $60,346
OFFICERS—President, G. H. Higbee; Secretary, E. C. Walsh; Treas.,
OFFICERS—President, W. Caryl E ly ; Secretary, Treasurer and Gen.
J. T. Remey.
Man’r., Burt Van Horn, Niagara Falls.—V. 63, p. 5 5 8 .
INDEX-V. 62, p. 232; V. 64,p.41, 468, 753,
O fficers—President, W. Caryl Ely; Vice-Pres’t, Daniei S. Lamont;
General Manager, Burt Van Horn; Secretary and Treasurer, Richard
F. RanMne.
INDEX—V. 65, p. 2 7 6 ; V. 66, p. 1139; V. 67, p. 318, 3 6 8 ; V. 68, p.
426, 524, 571.
BUFFALO TO N AW AN D A
& N IA G A R A
F A L L S E L E C T R IC R R . - A trolley road.
Control is now held by International Traction Co.
BUTTE, M ONT.
was 3,363;
Tonawanda Street RR. Stock. $1,500,000; par, $100. No stock or
B U TTE C O N SO LID ATE D R A I L W A Y —
Trolley
bonds outstanding J a n , 1899. Owns 10 miles of track,extending
Foreclosure —Receiver is J. R. Wharton. Mortgage being fore
from Ward Road North Tonawanda, to Buffalo City line. To build a
closed. Cable line has been abandoned. Interest in default_V 64
double-track road from Buffalo City line to Niagara Falls, and also a
system in Niagara Falls, comprising in all 50 miles of track. Has 5- p. 663.
In April, 1899, application was|made to the Court by the reoeiver to
year contract with Cataract Power Co. of Niagara Falls, to supply
motive power. President, James A. Roberts; Secretary, John A. lease part of the Hue to the Silver Bow Railway C o .
S tock & Bonds—
Bate.
Interest. Outstanding. Maturity.
Read, North Tonawanda, N. Y.; Treasurer, Benj. L. Rand, North Ton
stocj£....................- ......... - ................................
$500,000
............f.
awanda. — 67, p. 481,
V.
Mortgage, gold.................$ l®9!
6 g. J - J
500,000 July i , ¿911
\Trustee, Mass. Loan & Trust, Boston.
B U F F A L O T R A C T IO N —
The owners of the stock also hold the entire issue o f bonds.
The International Traction Co. has acquired this property along
Road 21 miles of track. About 5 miles of extensions contemplated
with other Buffalo roads.
in 1899. Pres., W. A. C lark; Sec., Alex. J. Johnston; Treas, A H
O r g a n iz a t io n — Incorporated in N o v ., 1895, to construct 6 6 miles o f Wathey.—V. 64, p. 663.
street railway in Buffalo and its suburbs. In March, 1896, an agree
ment for joint use of tracks on certain streets in center o f city to pre
vent unnecessary paralleling o f roads was made with the Buffalo Ry.,
C A L A IS , M E .
and in June, 1898, it was understood that the stock had been pur
P opulation 1890 was 7,290; in 1880 was 6,173;
chased for or in the interest of the Buffalo Ry.—V. 66, p. 1139. Since
and in 1870 WAS 5.944.
Aug., 1898, transfers passengers over Bufialo Ry. lines.—V. 67, p. 318*
C A L A IS S T R E E T R A I L W A Y — trolley road.
A
The $5,000,000 bonds o f 1897 are to be issued at not exceeding $50,O rganization —stook, $ 100,0 0 0 ; first mortgage, 1894, 6s, j &d ,
000 per mile.
$100,000 due June 1,1914. Current liabilities, June 30, ’ 98, $9,543.'
O r g a n iz a t io n , E t c .— Incorporated in Sept., 1898, and absorbed the
P opulation 1890 was 10,723; in 1880
AND in 1870 was 241.
ST R E E T
24
R A IL W A Y S .
Year ending June 30, 1898, gross, $23,252; net, $4,743; interest,
taxes, etc., $6,530; bal., deficit for year, $1,787. In 1896-97 gross,
$23,982; net, $5,014; interest, taxes, etc., $8,000; balance, surplus,
for year, $2,986.
r o a d —Calais Street Railway, lower wharf to upper bridge, Calais,
4 miles; St. Stephen Electric St. Ry. Milltown, N. B., to St. Stephen, N.
B., 3 miles; total, 7 miles. The St. Stephen Electric St. Ry. is a separ
ate corporation, but is owned entirely by the Calais company.
OFFICERS—Pres., George A. Curran; Treas., C. W. Young, Calais, Me.
C A M D E N , N. J.
P opulation 1890
was 58,313; in 1880 was
and in 1870 was 20.045.
CAM DEN GLOUCESTER
R A IL W A Y .
&
41,659;
WOODBURY
STOCK & B o n d s —
Date. Interest. Outstand’g. Maturity.
Stock paia in ................ .
......... .............. $600,000
1st mort. ($500 each).......... 1894 6 M&N 400,000 .......... 1904
Int. at Security Tr. & S. D. Co. (trustee), Camden.
Other debts Jan., 1899........................................
159,122 .....................
ROAD-Jan. 1,1899, owned 22*40 miles of track. Total cost of road
and equipment to Jan. 1,1899, $1,266,761.
EARNINGS—In year ending Deo. 31,1898, gross, $117,404; expendi
tures for repairs, $12,964; for superintendence and management,
$72,825; balance for year, $44,578; interest on bonds, $24,000.
OFFICERS— President, J. Willard Morgan ; Secretary, T. P. Curley
Treasurer, W, J. Thompson.—V. 62, p. 232.
CAPE M A Y
»
N. J.
P opulation 1890 was 2,136; in 1880
AND in 1870 WAS 1,248.
was
1,699
C A P E M A Y D E L A W A R E B A Y & S E W E L L ’S
POINT E L E C T R IC R A I L W A Y -A trolley road.
ORGANIZATION—A consolidation in 1892. The road is operated only
from May 15 to Sept. 15 of each year. Leased in 1896 to Cape May
Transportation Co., J. Henry Edmunds, President, at annual rental of
$7,500.
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity•
Stock paid in (par $50)................... - ..............
$150,000
............
1st mort. ($150,000L--our. 1893 (text) F -A
150,000 Feb. 1,1923
Interest was reduced to 5 per cent for 5 years from Feb. 1, 1896In 1894 and 1895 but one interest payment was made by mutual con
sent of bondholders. Trustee is N. J. Trust & S. D. Co., Camden, N. J.
Road—Operates 6 k miles in city of Cape May and extending to Cape
May Point and Sewell’s Point; total track, 9 ^ miles.
EARNINGS—For year ending Deo. 31,1897, gross, $16,998; net, $1,919 •
In 1896, gross, $19,161.
OFFICERS— President, G . G . Browning; Secretary, John J.B urleigh;
Treasurer, Beuj. 0. Reeve. Office, Camden, N. J.
CARBONDALE, PA.
P opulation 1890
was 10,833; in 1880 was 7,714:
IN 1870 WAS 6,393.
C A M D E N & S U B U R B A N R Y .— trolley road.
A
C A R B O N D A L E T R A C T I O N C O . —A trolley road.
ORGANIZATION— Formed in 1896 to control the Camden Horse RR.
ORGANIZATION —A consolidation on March 5,1896, of the Carbon*
(which is leased) and the West Jersey Traction Co. Capital stock dale & Forest City Passenger Ry. and Carbondale Traction Go.
Issued to Jan. 1, 1898, $905,500; par, $25; paid in, $90,550; funded
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity.
debt, $273,000; other debt, $53,950.
Stock auth., $450,000).....................................
$450,000
EARNINGS— For year 1897, gross income from passengers, $249,436;
1st M. ($500 & $1,000) o* & r. 5 1892 6 g J-J
11150,000 July 1,1922
($150,000), gold....................( Int. at Cen. Trust Co., trustee, N.Y. City.
from other sources, $20,089; total income, $269,525; operating e x
Carb. & Forest City Pass. 1st) « q , ~ r_ T
o0n ono
penses and repairs, $244,448; net, $25,077.
M. $300,000 gold o*............. 5 1894 0 8 J J
¿oo.uuo
................
ROAD—Track, 6 miles; Camden Horse RR. leased, 32 m.; West Jersey Consol. M., $450,000, gold....... 1896 5 g. July, ’98, none. June 1, *26
Traction Co., 5 miles; total, 44 miles. Extension Collingswood to Loans payable June 30,1898..........................
11,933
....... ........
Haddonfleld in operation in 1898.
Of the consolidated mortgage bonds $150,000 are reserved to retire
President, Wm. S. 8oull; Vice-President, B. O. Reeve; Secretary, S. the first mortgage bonds and $300,000 are, by the terms of the con
T. Corliss: Treasurer, H. Lippincott.—V. 62, p. 682.
solidation agreement, to be given in exchange for the $300,000 Car
( 1 ) CAMDEN HORSE R R .— trolley and horse road.
A
bondale & Forest City Passenger Railway bonds mentioned above.
O r g a n iz a t io n —Incorporated March 23,1866. In April, 1896, con
Road—System includes 15 miles of road, beginning at Forest City,
trol was acquired by the Camden & Suburban Ry., which leased the Pa., and running through Vaudling, Richmondale, Wilson Creek,
road from April 1,1896. Rental, etc., received in 1897, $40,600, from Simpson, Carbondale, Mayfield, Jermyn, Arohbald to Peokville, where
which paid 16 p. o. on stock.
it connects with Scranton lines.
Outstand’g. Last div., etc.
STOCK & B o n d s —
Date. Interest.
EARN
INGS—Year ending June 30, 1898, gross, $61,185; operating
$250,000
See text.
Stock ($25) paid in ....................
See text.
expenses, $44,392; net, $16,793.
250.000
1909
1st mortgage..............................
5
OFFICERS— President, E. E. H endriok; Secretary and Treasurer, R. A.
1st cons. M. ($500,000)
250.000 May 1,1912 Jadwin; Gen. Manager, O. E. Flynn. Main office, Carbondale, Pa.
($500)............................ 1892
5 M-N
...............
176.000
...... .
Other debts Jan. 1, ’98.............
Interest payable at Hew Jersey Trust Company, Camden, N. J.
Dividends—1892, ’93, ’94 and ’95,8 p.o. per an.; ’96,14 p.o.; ’97,16%.
C A T S K IL L , N. Y .
Road.—Jan. 1,1898, operated 32 miles of track. Cost of road and
P opulation in 1890 was 4,920; in 1880 was 4,320.
equipment to that date, $1,098,946.
QcciriERs—President, Wm. S. Scull; Vice-President, B. C. Reeve; Sec
C A T S K IL L E L E C T R IC R Y — Chartered in 1896. Owns
retary, Samuel T. Corliss; Treasurer, G. G. Browning.—V. 62, p. 682.
and operates a road in Catskill village two miles in length. Stock,
$30,000, authorized by RR. Commissions in Aug., 1898, to be increased
(2) WEST JERSEY TRACTION CO.—
Owned by the Camden & Suburban Ry. Stock, $65,000. Miles o f to $400.000, and a certificate to that effect filed May 2,1899. Com
pany in 1899 also filed a mortgage for $400,000 to the Hamilton Trust
track, 5. Franchise granted by city in 1894.—V. 62, p. 682.
Co. of Brooklyn as trustee to secure an issue of 5 per cent bonds.
Road is to be extended from Catskill to Windham, Cairo, and other
C A N A N D A I G U A , N. Y .
villages in Greene and adjacent counties, making a line 16 miles long.
P opulation 1890 w as 5,868 ; in 1880 was 5,727 ;
President, Louis E. Robert, 290 Hall Street, B rooklyn; Secretary, D.
AND in 1870 WAS 4,862.
W. Sharpe; Treasurer, W. C. Wood, Hoboken, N. J —V. 68, p. 870.
and
C A N A N D A IG U A E L E C T R IC -L IG H T & R R O RQAN IZATION— Chartered in 1888. Owns and operates an electriclight plant and 4 miles of street road, and owns majority o f stock of the
Canandaigua Gas Light Co., all of which properties are covered by its
bonds.
S t o c k A B o n d s—
Date. Interest. Oustand’g.
Maturity.
Stock...................................................
---•
$150,000
..................
(18 9 7 6g. J -J
160,000
1927
1st mort., gold ($500 each).. < Trustee, Rochester Tr. & S. D. Co., Roch.,
R o ad —Owns 4 miles of tra ck ; 44-lb. rail on 3 miles, 36-lb. on 1
m ile; 5 cars. EARNINGS— For year ending June 30, 1898, gross in.
■oome, $5,531; net, $210. In 1897, gross inoome, $4,793; net, $2,395.
OFFICERS— Pres., T. H. F earey; 8ec., Treas. &Man., H. B. Fergnson.
CANTON,
O.
P opulation 1890 was 26,189; in 1880
AND in 1870 was 8,660.
C A N T O N -M A S S IL L O N
was
was
10,104
C E D A R R AP ID S & M A R IO N C IT Y R Y —
Miles. Date. Interest. Outstand’g. Maturity.
S t o c k & Bo n d s—
...............
Stock................................. .................................. $316,000
(13*84 1891 5 J - J
1,1931
IstM. $250,000 $1,000c. ( Int. at American Loan 250,000 July Boston
& 'tv., Trustee,
ROAD—Owns road in operation 12*04 miles in length, extending from
Cedar Rapids, Iowa, to Marion; second track, 1*46; sidings, *34; total
of all, 13*84 miles. Rails 45 and 58-lb. T and girder.
OFFICERS— President, P. E. H all; Vice-President, W. D. Douglass;
Secretary and Treasurer, John S. Ely.
12,258;
E L E C T R IC
R A IL
W A Y . —A trolley road.
ORGANIZATION— Chartered in 1892, and absorbed the Canton Street
Railway and the Lake Side Street Railroad companies.
STOCK & B o n d s — Miles. Date. Interest. Outstand’g. Maturity.
Srk, $525,000 ($100) ....................................... $525,000 ............... .
Canton Street Ry. 1st 5
5 .......... 6 M - N
225,000 ......................
currency..................( Interest at National Bank of Commerce, Boston.
Canton-Massillon 1st 5 13*2 1893 6 g. M-N $118,000 Nov. 1,1912
M., $300,000, g ...c \ Interest at Cent. Trust Co. (trustee), N. Y. City.
BON ds—The Canton-Massillon mortgage is a first lien on the interurban and the Massillon divisions. Neither issue is subjeot to call.
ROAD—Company in Jan., 1899, owned street railway in the cities
o f Canton and Massillon and an interurban line between, connecting
them. Total track reported as 21 miles. Rails 40 to 60 lb., being
girder in the cities and T rails on the interurban division. In Jan.,
1899, extension of l 1 miles in Canton proposed.
«
OFFICERS— President and Treasurer, Wm. A. Lynch, Canton, O.
C E D A R R A P ID S , I O W A .
P opulation in 1890 was 18,020; in 1880
AND in 1870 was 5.940.
C H A M P A I G N , IL L .
P o p u l a t i o n 1890 w a s 6,619 ; i n 1880
AND IN 1870 w a s 4,625.
was
5,103 ;
U R B A N A & C H A M P A IG N R A I L W A Y G A S
& E L E C T R IC C O This property was sold May 1,1899, to a syndicate represented b y
W. B. McKinley, of Champaign, who originally owned the road.
ORGANIZATION—a consolidation in 1897 of Urbana & Champaign
Electric St., Cham. Eleo. L. & P., Cham. & U. Gas L. & Coke and West
End Park Co. Population of Champaign in 1896 was said to be 10,000 ;
o f Urbana, 7,000.
STOCK & Bonds—
Dale. Interest. Outstand’g. Maturity.
Stock $250,000..................................... ................ $250,000
.......... .
O. & ü. Ry. G. & E. M „ $250,- ) 1897 5g. J-D
(1)
June 1.1917
000, g., s. f., $8,000 yr. June >Int. at 111. Tr. & Sav’gs Bank, Chicago,
1.1900 and after ($1,000) .o* ) trus., or at Chase Nat. Bk., N. Y. City.
R o a d —Operates 9 miles o f track.
STREET
mountain is to be equipped with electricity. In Feb., 1899, extension
10 miles to Durham, Ga., coal fields, reported to be proposed
O f f ic e r s .—President, J. T. Crass; Auditor, Wm. A. Bird.
C H A R L E S T O N , S. C.
P opulation 1890
54,955; in 1880
1870 WAS 48,956.
was
and in
was
25
R A IL W A Y S .
49,984;
C H A TT A N O O G A
R A P ID
T R A N S I T . —Trolley.
C H A R L E S T O N C O N SO LID A TE D R i - GAS
O r g a n iz a t io n .—Chartered in 1897. In Maroh, 1898, leased from
& E L E C T R IC C O .O r q an izatio n — Organized February 1,1899, as a consolidation of the Belt Ry. the exclusive right for 45 years to conduct passenger,
the Charleston City Ry. and Charleston & Seashore RR. under Special
A ct o f South Carolina Legislature, granting a perpetual charter and
gas and eleotric-light powers. Also owns the capital stook of the
Charleston Gas-Light Co. ($698,150), and the Charleston-Edison Light
& Power Co. ($100,000), and thus controls the whole field of light and
transportation in Charleston. In April, 1899, bought for $25,000 the
capital stock o f the Mount Pleasant & Sullivan’ s Island Ferry Co.
and for $4,000 the franchise o f the Middle Street Railway. The fol
lowing are the only securities on the property.
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
Stook, $1,500,000............................................ $1,500,000 .....................
Charleston City 1st mort.
_
„ ...»
($1,000), $850,000, g’d.c. 1898 5 g. J-J
750,000 Jan. 1,1923
Tax free. Int. at Mercantile Tr. &Dep. Co., Balt., trustee.
Bonds for $100,000 reserved for extensions and improvements.
Consol. M., g., $2,500,000, C 1899 ft g. M-S
1,650,000 Mar. 1,1999
co u p o n ............................i Int. at Balt. Trust & Guar. Co., Trustee.
B o n d s - Of the oonsol. 5s, $850,000 will be reserved to retire the
$850,000 City Ry. 1st 5s, of which $100,000 in February, 1899, still
remained in the hands of the trustee to be Issued for betterments.
The remaining $1,650,000, sold to the Balt. Trust & Guar. Co., were
offered by the latter in Feb., 1899. * In Feb., 1899, it was stated that
the net earnings o f the constituent companies would be more than
enough to pay the interest on all the bonds outstanding and leave a net
surplus of between 4 and 5 per cent on the $1,500,000 stook.
ROAD—Owns 40 miles of electric road, of which 30 miles in
Charleston and 10 miles from Mt. Pleasant (connecting by ferry with
Charleston) to Sullivan’s Island and Isle of Palms, a pleasure resort
on the Atlantic coast, including land at Isle of Palms, ferry, etc. j
OFFICERS— President, J. S. Lawrence ; Vice-President, Francis K .
Carey; Secretary and Treasurer, J. Bannister Hall. Offices to be in
Equitable Building, Baltimore, Md.—V. 68, p. 186, 230.
C H A R L E S T O N C ITY R Y .—30 miles o f electric road.
In February, 1899, merged in the Charleston Consolidated Ry. Gas &
Electric Co., which see above.—V. 68, p. 230.
C H A R L E S T O N & S E A S H O R E R A IL R O A D .Ten miles o f road. In February, 1899, merged in the Charleston
Con. Ry. Gas & Else. Co., which see above.—V. 68, p. 230.
C H A R L O T T E , N. C.
POPULATION 1890 WAS 11,557; IN 1880 WAS 7,094;
a n d i n 1870 WAS 4,473.
C H A R L O T T E E L E C T R IC
P O W E R CO.— trolley road.
A
R Y ., L IG H T
&
mail and express trafflo on 14 miles of the latter’s lines, but in April,.
1899, new lease made covering only mail and express business.
In Dec.. 1898, new power house was completed and improvements
and new equipment to oost about $50,000 contemplated during 1899.
S t o c k & B on d s —
Hate. Interest. Outstanding.
Maturity.
$200,000
...................
Stock, $200,000 (par $100).............................
1st Mort., $200,000, gold j 1898 6 g. J-J
(!)
($1,000 each)..................< Inc. at Cit. Bk. & Tr. Co., Chatt., trustee.
R o a d .—On May 1,1899, owned 1 mile of road; leased 14 miles; total
operated, 15 miles. Extension of five miles to Chiokamauga Park
(under privilege granted by Congress), begun May 1,1899, and this isexpected to be ready July 15.
O f f ic e r s .—President, S. W. Divine; Vice-President, G. W. Daven
port; Secretary, W. B. Royster.
S IG N A L M O U N T A IN R A I L W A Y —
O r g a n iz a t io n —Successor to Chattanooga & North Side Street Ry.,
sold in foreclosure June 24,1896, for $8,100. Capital stock is $500,000. No bonds. Owns 3*2 miles main traok and 1 mile sidings; leases
North Chattanooga St. Car Co., 2*2 miles main track and mile sidings^
total traok, including sidings, 73t miles. Pres, and Treas., John Orr.
CHESTER, P A .
P opulation
was 20,226; in 1880 was 14,997;
IN 1870 w as 9,485.
C H E S T E R T R A C T I O N —A trolley road.
C o n s o l id a t io n —In 1898 entire stock of Chester Traction and alsothe Wilmington City Ry. (Delaware) obtained byW ilm . & Chester
Trac. Co., which company is in turn controlled by the new United
Power & Transportation Co.—see the latter.
The Chester Traction Co. holds all the stook of the Union Railway
Co., $100,000, Chester & Media stock, $35,000, Chester Darby & Phila.
stock, $65,000; total, $200,000.
All interest payable at Delaware County Trust Co., Chester, Pa. In
terest upon all subsidiary securities guaranteed by Traction Co.
S t o c k & BONDS—
D a le . Interest. Outstanding. Last Div. de
stock (S500 000V oar. $50................................- $500,000 Ju ly,’ 95,4%
1st M., gold’, ($250^000)........ o*1894 5 g M-N
250,000 May, 1.1914
Securities o f subsidiary lines.
100,000
U n.Ry.Co.stk.($100,000)($50) . . . .
......
200,000 Jan. 1,1913
1st M.,g., ($500 & $1,000) .0.1893 5 g J - J
Jan., 1899
150.000
Chester St. Ry. stock ($50).............. 10 J -J
Jan., 1899
100.000
Chester & Media Elec. Ry. stock —
6 J -J
100,000 July 1,1913
1st M. ($100,000) gold........ 1893 5 g J -J
Jan., 1899
100,000
Chester Darby & Phila. stook........... 6 J -J
125,000 July 1,1913
IstM . ($125,000) gold........ 1893 5 g J -J
ROAD—Company in July, 1898, operated 28*7 miles of tra ck :
Miles.
Miles.
7*4
8*4 Chester Darby & Phila. Co...
Union Ry. Co..........................
Chester St. Ry. Co..................
7'5
Total...................................... 28'7
Chester & Media Eleo Co—
5'4
in
1890
and
O r g a n iz a t io n —Successor to the Charlotte Street Railway, whose
charter was amended in Maroh, 1895, and name changed as above
The road is operated by the Charlotte Consolidated Construction Co.,
which owns all the bonds. Population in 1896 is reported to be 20,700.
In February, 1898, seoured right o f way for extensions and permis
sion to lay gas mains.—See V. 66, p. 384.
C H IC A G O , IL L .
ftm r .K A. B o n d s —
Miles. Date. Interest. Outstand’g. Maturity
P o p u l a t io n 1890 w a s 1,099,850; i n 1880 w a s 503,185;
Stock, $60,000, par $50...................................... $60,000 f. p. ...............
Char. St. Ry. 1st M., gold. .. 1892 6g. J-J
100,000 Jan. 1,1922
AND IN 1870 WAS 306,605.
Bills payable Dec. 31,1897 ..
............
26,532
..........
A U R O R A W H E A T O N & C H IC A G O R A I L
Interest at Mercantile Trust & Deposit Co. of Baltimore, Md., trustee.
W A Y . —To be a trolley road.
The bonds are not subject to call before maturity.
O r g a n iz a t io n —Incorporated in 1899 to build from Chicago to
ROAD— In 1898was operating 4 7s miles of track. Extension o f sys
Aurora, 111., via Wheaton, 111. Stock authorized, $1,500,000. In Apr.,
tem and double-tracking on the main street.
1899, private right o f way was being secured and construction was.
ANNUAL R e p o r t .— For year ending Deo. 31,1897, gross, $52,377;
expected to begin in a few months.
net, $26,041; interest charges, $6,0 0 0 ; balance, surplus for year,
O ffic e r s —President, B. Mahler, Cleveland, O.; Treasurer, M. J
$20,041. In 1896 gross earnings were $52,977; net, $25,813. Total
Mandelbaum, 1019 Garfield B’ld’g, Cleveland, O.; Secretary, Edward1
surplus January 1,1898, $54,911.
Dickinson, Chicago. Office, Chicago Title & Trust B’ld’g, Chicago, 111.
OFFICERS— President, E. D. Latta; Vice-President, E. B. Springs;
Secretary J. L. Chambers; Auditor, F. A. Savin.—V. 64. v. 329,384.
C A L U M E T E L E C T R IC
ST R E E T R A I L
W A Y .— trolley road.
A
C H A T T A N O O G A , TENN.
POPULATION 1890 WAS 29,100; in 1880 WAS 12,892;
a n d IN 1870 w a s 6,093.
C H A T T A N O O G A E L E C T R IC R A I L W A Y CO.
ORGANIZATION— Successor, 1896, of Chatt. Electric Ry. foreclosed.
In April, 1899, the parties who bought the Nashville street roads
were said to be negotiating for control.
c-rrw-k- A, Ronds—
Date. Interest. Outstand’g. Maturity.
Stock authorized, $645,000..............................
$645,000 .....................
1st con. M., $625,000, gold, > 1898 5 g J-J $576,000 Jan. 1,1919
not subject to call........ c* j Int. at Maryland Tr. Co., Balt., Trustee.
BONDS— Of the consol. 5s, $26,000 were immediately issued, $550,.
000 have been issued to refund the entire funded debt, bearing 6 per
oent interest and $49,000 reserved for improvements.—V. 67, p. 1206.
EARNINGS— For 6 months ending April 1,1898, increase of $3,036
over same months in 1896-7.
RO AD— Has 32 miles of traok on 25 miles of street. In 1899 decided
to build an extension o f 4 miles to Sherman Heights.
O fficers (elected Dee., 1897j—President and Treas., J. H. Warner;
Vice-Pres. and Sec., Edwin Warner, Nashville, Tenn.—V. 67, p. 1206.
RECEIVER— In May, 1897, control passed to the National Bank o f
Illinois (which holds $483,500 of the stock and $2,843,000 of the
5s of 1894) and a receiver was appointed. Receiver, Gen. MoNulta;
in May, 1898, was authorized to expend $60,000 in improvements*
and in April, 1899, received authority to issue more certificates.
STOCK & BONDS—
Date.
Interest. Outstand’g. Last div., dc,
$500,000
......
Stook ($100) (see text)....................................
Receivers’ certificates... 1897-8 6 p. o.
195,000 Red. at option
1st M., gold, red. at 110. 1892 6 g. M-S
„
Sept. 1,1912
Cons. mort. ($3,000,000). 1894 5 g. M-N
2,949,000 N ov.1,1909DEFAULT—Interest due May 1,1897, on 5s of 1894 was not paid.
ROAD—Operates a road, mostly doubled-traoked, embracing in all 72
miles of track owned and 5 miles leased. This road connects wlth‘
Cottage Grove Avenue Cable, Alley Elevated and Illinois Central, and
reaches South Chicago, Pullman, West Pullman, Auburn Park, Bum
side and Manhattan Beach. 78-lb. rails.
EARNINGS—7 months ending Dec. 31,1898, gross, $128,030; operat
ing expenses, $114,358; surplus, $13,672.
DIRECTORS (elected May, 1897..)—John McNulta, G. E. Adams^
Charles R. Corwith, E. A. Frost and John Farson. President, John
Farson; Secretary and Treas., H. B. White.—V. 67, p. 1002.
q j j I C A G O C IT Y R Y .—Horse, cable and electric road.
ORGANIZATION— Incorporated in February, 1859, and has extensive
Operated
b y and in connection with the Lookout Inoline & Lula Lake Ry., oper surface road privileges in the south division of Chicago. In Feb., 1898,
ating a cable road from Chattanooga to the top of Lookout Mountain, was incorporated the Chicago City Ry. Rapid Transit Co., with a capi
tal of $1,000,000, to build an elevated road in Dearborn Street from
88 miles. No stook or bonds had been issued in August, 1898.
ROAD.—15 miles o f track. Extensions proposed to Rook City & the heart of the city to Thirty-ninth Street, to be used as a trunkline in
Lula Lake, 6 miles. That portion of the road on the summit of the bringing in the City Railway Company’ s trolley cars. In June, 1898,.
C H A T T A N O O G A & LO O K O U T MT- R R .—
Steam
.
ORGANIZATION —a reorganization of the Chat. & L . M .R y .
26
STREET
R A IL W A Y S
ST R E E T R A IL W A Y S .
it was reported that the General Electric Ry. had been purchased fo r
$950,000. V. 66, p. 1188. In May, 1899, planB had heen about con
cluded by the Elkins syndicate for bringing the North Chicago Street
and West Chicago Street under a single control, but it was reported
that the Chcago City would not be included at present because of the
high price asked by its owners. V. 68, p. 928.
STOCK & BONDS—
Date. Interest. Outstanding. Last div., &e.
Stock ($100) (see text) ........ text,Q-M.31 $12,000,000 Moh.31,’99,3%
Gen. M. $6,000,000 .
c Subjeot to call
($100) ($500) ($1000) > 1887 4*3 J. - J .
4,619,500 3 on 60 days
4*3, currency— c* ) Trustee, C. L. Hutchinson.
C
notice.
S tock —Amount of stock was plaoed at 100,000 shares of $100
each, with right to increase the same at pleasure of the company.
January, 1896, $2,000,000 additional stock was authorized for building
new electric lines, making total stock $12,000,000; of this, $1,000.000
issued July 2 and $1,000,000 on Oct. 2,1896. See V. 62, p, 183. In
Jan., 1898, it was voted to increase the stock to $14,000,000 to pay
for the General Electric Ry. and provide for improvements. V. 66, p.
1188,1236. Of the $2,000,003 new stock, $ 1,000,000 to be allotted to
stockholders at par in proportion to their holdings, will be issued July
1,1899. V. 68, p.2 3 1 .
Bonds—The bonds outstanding are of the denomination of $100,
$500 and $1,000 each and are secured by a general mortgage exe
cuted in 1887. The mortgage is limited to $6,000,000 and the bonds
are due July 1,1901, but subject to call any time on 60 days’ notice.
DIVIDENDS—Usually 12 per cent, were in 1893,24per cent; in 1894,12
p. c.; 1895,15 p. o.; in 1896,12p.o.; in 1897,12 p. c.; in 1898,M ar.,3 p.c.;
June, 3 p. c . ; Sept., 3 p. 0. ; Dec., 3 p. c.
R o a d — On Jan. 1,1899, company operated 197 miles of track, viz.:
Cable road, 35 miles; electric, 157 miles; horse, 5 miles.
A nnual R eport —Fiscal year ends Deo. 31. Report for 1898 was in
V. 68, p. 127, and gave earnings,etc., as follow s:
Tear ending Dee. 31—
1898.
1897.
1896.
Gross earnings............
$4,832,8n6
$4,816,516
$4,808,867
Op. expen. and taxes.
2,926,490
2,908,982
2,977,209
P. c. op. ex. to earns..
(60*97)
(60*84)
(61*96)
Net earnings........
$1,906,316
$1,907,534
$1,831,658
$207,877
$207,877
$207,877
Interest on bonds.......
Reconstruction............
9<>,000
50,000
If 181,568
Dividends.............. (12p.c.)l,440,000(12p.c.)l,440,000(12p.o.)l,289,787
Balance, surplus..
$168,439
$209,657
$152,426
If Includes in 1896 depreciation and new rails.
NET EARNINGS FOK 9 YEARS.
1898..........$1,906 316 1895.......... $1,669,098 1892............ $1,591,510
1897.......... 1,907,534 1894.......... 1,425,934 1891............ 1,338,882
1896 ........ 1,831,658 1893.......... 2,637,949 1890............ 1,139,897
OFFICERS— President, David G. Hamilton; First Vice-President
Joseph Leiter; Treasurer, T. C. Penington; Secretary, F. R. Greene.
D irectors —(Jan. '99) Samuel W. Aller ton, Joseph Leiter, D. G.
Hamilton, George H. Wheeler, Wm. B. Walker, George T. Smith, M. K.
Bowen; the latter subsequently died and was succeeded by Arthur
Orr.—V. 67, p. 1206,1308; Y. 68» p. 86, 1 2 7 , 129, 231, 725.
C H IC A G O CITY R A I L W A Y T R A N SIT C O See C h i c a g o C i t y R a i l w a y
C H IC A G O
C O N SO LID ATE D
T R A C T IO N -—
Electric roads.
O r g a n i z a t i o n —In Feb., 1899, was organized to unite the suburban
leased lines of the North Chicago and West Chicago systems. It
acquired the stock of the following mads (V. 68, p. 769), and is itself
presently to be controlled by the Chicago Union Traction Company,
which see. V. 68, p. 976.
Stock
r-Trac. Stk.Iss. Therefor. —<
Outstand'g.
Rate.
Amount.
Name.
$
%
$
Chicago Electric Transit.......... 1,500,000
250
3,750,000
North Chicago Electric............. 2,000,000
175
3,500,000
Chicago North Shore St. R y ___ Leased to North Chicago Electric.
North Side E lectric.................... 1,500,000
200
3,000,000
Evanston Eleotric....................... 1,000,000
50
500,000
Cicero & Proviso.
.......... ....... 2,500,000
62
1,550,000
2,000,000
Ogden Street Railw ay........
55
1,100,000
Chic. & Jefferson Urban Transit 2,000,000
55
1,100,000
12,500,000
14,500,000
In addition, $500,000 of Chicago Consolidated Traction stock was
sold for cash, making with the foregoing the full total of $15,000,000
stock outstanding. Stock is listed on the New York Stock Exchange.
Registrar in New York is Central Trust Company; in Chicago,
Equitable Trust Company.
STOCKS AND Bonds .—Stock is $15,000,000. Company has no mort
gage indebtedness, but assumes the bonds of the constituent com
panies, and the lease o f the Chicago & North ^hore. It has agreed to
guarantee the bonds of the subsidiary companies.
GENERAL BALANCE SHEET FEB. 27,1899.
Construction, &c........ $20,953,465
13,313
Real estate...................
3,996
Material & supplies...
Cash in bank...............
286,779
73,066
Bills & accounts rec .
Suspense accounts___
8,948
Chic. Nor. Sho. St. Ry.
Co.les. (acct. paving)
10,285
Capital stock..............$15,000,000
1st M.6 per cent bonds 4,357,000
Cons. 5 p. c. bonds C. &
P. Street R y ............ 1,078,000
Stock of C. N. S. Street
650,000
Ry. (6 p. c. guar)___
59,603
Accounts nayable. . . .
12,485
Bills payable
T yityqiri nnnnnna . . . . . .
T
1 H
UIipdilU. vUUpUH8
l>OUv R A
Accrued coupon in t...
65,560
Accr’d r’nt’l o f leased
rds.(C.N.S.St.Ry.Co)
10,125
Employes’ deposits....
2,930
Deferred paving........
11,070
Unearned advertising
240
Surplus...................
100,979
T otal.....................$21,349,852
Total............. .........$21,349,852
EARNINGS. —
Earnings of the constitutent companies for the year
ending December 31,1898, are reported as follows: Gross, $1,026,
780; net, $406,292; fixed charges, 337,458; balance, surplus, $68,834
27
ROAD.—The property embraced in the constituent companies con
sists of 206 miles of single track electric street railway, located in the
City of Chicago, the township of Cicero, and the City o f Evanston, all
in Cook County. The lines extend over the entire north, northwest,
west and southwest sections of the City of Chicago and connect at
their respective terminal points with the lines of the North and West
Chicago Street RR. systems, over which passengers are carried origi
nating on the lines of the Consolidated Traction and vice versa.
Rails are Johnston-girder, 75 to 85 lbs.; gauge 4 ft. 81 in.
«
EQUIPMENT.—Motor cars, 269; trailer cars, 62; motor equipment
208.
OFFICERS AND D i r e c t o r s .— President, J. M. Roach; Vice-President*
W. F. Fufbeck; Secretary and Treasurer, C. F. Marlow. Directors—3.
M. Roach, Charles T. Yerkes, D. H. Louderbaok, H. G. Foreman, and
C. F. Marlow. Transfer and General Offices.—54 Wall Street, New
York, and 444 North Clark Street, Chicago.—V. 68, p. 86, 330, 472,
722, 7 6 9 , 976.
R o a d s o w n ed or con trolled by Chicago Consolidated
T ra c tio n Co.
( 1 ) CHICAGO ELECTRIC TRANSIT—Acquired Feb., 1899, by the
Chicago Consolidated Traction Company, which gave $250 of its stock
for $100 of the stock of the Chicago Electric Transit.
S tock & Bonds—
Date. Interest. Outstandng.
Maturity.
....................
Stock................................................................. $1,500,000
lstM .,gu.seetext,noopt’n 1894 6 F-A
1,097,000 Aug. 1,1914
Interest is payable at office of trustee, the Illinois Tr. & Savings Bank*
Bonds—The mortgage provides for the issue o f $2,000,000 bonds at
not exceeding the cost of improvements, extensions, etc., and for
additional bonds at not above 75 per cent such cost. Of the $1,097,000
issued, $842,000 are guaranteed by the West Chicago Street RR. and
$255,000 by the North Chicago Street RR. The Consolidated Traction
has also filed certificates guaranteeing the bonds.
Road—Owns 35*71 miles of track on 17*85 miles of street—a doubletracked paved electric road on Elston Avenue and Belmont Avenue,
Irving Park Boulevard and Crawford Avenue.
(2) CHICAGO & JEFFERSON URBAN TRANSIT—Stock held by
Chicago Consolidated Traction Company, which in Feb., 1899, gave
$55 per $100 for it in its stock.
STOCK & Bonds
Dale. Interest. Outstanding.
Maturity.
Stock $2,000,000..'.......................................
$2,000.000
..............
1st M., guar, p.andi., West? 1895 6M -N
208,000 Nov. 1,1915
Chic. St. Ry., see te x t... 5 Interest at Chicago office.
The first mortgage is for $2,000,000, but additional bonds may be
issued for extensions, etc. Trustee, Illinois Trust & Savings Bank.
Chicago Consolidated Traction has also agreed to guarantee the bonds*
ROAD—Owns 7*7 miles of track on Fulton, Morgan and Monroe
streets. In Sept., 1898, applied for a 50-year franchise for extension
on Grand Avenue, from Armitage Avenue to western city limits.
CICERO & PROVISO STREET RY.—Stock was exchanged in
February, 1899, for that o f the Chicago Consolidated Traotion, the
latter paying 62 for it in its stock.
O r g a n iz a t io n —Leased from May 1,1896, to the West Chicago Street
RR. for net earnings, but the bonds are guaranteed.—V. 64, p. 176.
Consolidated Traotion has also agreed to guarantee the bonds.
STOCK & B o n d s .
Interest.
Outstanding.
Maturity.
Capital stock (par $1001..................
$2,500,000
..........
- mortgage, -----. 6 M &N
251,000
Nov. 1,1904
1st
1889.
nonsol. M., $2,500,000,' 15g,M & N
1,706,000
May 1,1915
1895, g., $1,000, gu., W. [ Int’st at 111. Trust & Sav’gs Bank, trustee.
Ohio., end.........................
Interest on 1st mortgage at Farmers’ Loan & Trust Co., N. Y. City.
Bonds—Consols of 1895 are reserved to retire the outstanding firsts
and $500,000 for improvements at not exceeding 75 per cent thereof.
ROAD—Operates 37*66 miles of track, from West 40th St. and W.
Madison St. through Moreland, Austin, Maywood, etc.—V. 63, p. 1062
(4) OGDEN STREET RY.—A trolley road. Chicago Consolidated
Traction owns the stock having paid 55 per share for it in its stook.
O r g a n iz a t io n —Incorporated Oct. 1, 1891, and secured franchises
covering about 24 miles of street in Chicago, Cicero and Lyons, pass
ing the towns of Hawthorne, Morton Park, Clyde, La Vergne, Berwyn,
and Riverside. Formerly leased to West Chicago Street Railway.
S t o c k & B o n d s—
Date.
Interest.
Outstanding. Maturity.
............
$2.°°0,000
. . . . . .. .
Stook,$2,000,000($100)........
1st M ($1,500,000....) 1896
6M -N
750,000 May 1,1916
gu.p&i, W. Chic.,end. J Trustee is Illinois Trust & Savings Bank.
The supplemental mortgage, exeouted Jan. 22, 1893, limits the issue
of bonds to $1,500,000. In January, 1898, $750.000 1st 6s were out
standing, and the remaining $750,000 held by the trustee, are to be
issued for 75 per cent of the cost o f new construction.—V. 66, p. 472.
Chicago Consolidated Traction has agreed to guarantee the bonds.
Road—Owns 3 4 ^ miles of track.—V. 62, p. 779; V. 66, p. 135.
(5)
EVANSTON ELECTRIC RAILWAY.—
O r g a n iz a t io n —Organized in 1896 and operated in connection with
North Chicago Electric RR. In Feb.. 1899, when Chicago Consoli
dated Traction was formed stock of the latter was exchanged for that
of the Evanston Electric, on the basis of $50 for $100. Road runs
from Emerson and Sherman avenues to Wilmette, 2% miles (double
track). Stock, $1,000,000. Mortgage is for $1,000,000 for 6 per cent
(int. F. & A.) currency bonds maturing Aug. 1,1916; issued $300,000,
guaranteed by the North Chicago Street Railroad. The Chicago Con
solidated Traction also agrees to guarantee the bonds.—V. 63, p. 504.
( 6 ) NORTH SIDE ELECTRIC STREET RAILW AY.—A trolley road
Stook acquired by the Chicago Consolidated Traction in Feb., 1899
the basis being $200 for $100.
STOCK & B o n d s —
Date.
Interest. Outstanding. Maturity.
Stock, $1,500,000.........................................
$1,500,000 .........-------1st M. cur., gu. p. & i . ) 1895
6M -N
155,000 N ov^l, 1915
(end.) byNo.Ch.St.RR. \Trustee, Illinois T ru st* SavingsBk., Chioago.
Interest is payable at Chioago office or the fiscal agency. The first
mortgage provides for the issue up to $1,500,000 at not exceeding the
cost of construction; further bonds can be issued at 75 per cent o f
28
ST R E E T
R A IL W A Y S .
♦coat o f extensions and improvements. (See guarantee V. 62, p. 414.)
Consolidated Traction lias also agreed to give guaranty.
Road Runs from Southport Ave. and Clark Street south to Harrison
Street, in all 6’58 miles of single track.—V. 62, p. 233, 414.
subject to call on July 1 of any year at 105 on 90 days’ notice. Sink
in g fund will retire $50,000 yearly, beginning July 1,1909.—V. 67,
p. 689, 900.
Road—Entire projected line is 30 miles. Waukegan, 111., to Chicago,
( 7 ) NORTH CHICAGO ELECTRIC RY.—Trolley road. Stock owned of which 14 m. between Waukegan and Highland Park is now oper
hy the Chicago Consolidated Traction, which gave 175 for it in its ated and being double-traokedl; Highland Park to Evanston also
stock.
to be double-track and to be completed early in July, 1899. A large
ORGANIZATION, Et c .—Leases Chicago North Shore St. Ry., and portion of road is built on private right o f way and there are no
guarantees interest and dividends. Lease assumed hy Chicago Con. steam or electrio crossings on the entire line.—See description o f road
in V. 67. p. 900.
solidated Traction.
STOCK & Bonds.
Date. Interest. Outstand'g, Maturity
Earnings.—For 3 months ending Oct. 1,1898, while first 14 miles
Stock. . . ...................... ...................................... $2,000,000 ..................
were under construction, gross, $12,025; net, $4 ,353.
1st M., $1,000,000 (not sub-) 1894 6 F - A
868,000 Aug. 1,1914
O fficers—President, George A. Ball; Vice-President, A. C. Frost.
ject to call), gu. p. * i. end. 5 Int. at Illinois Trust (trustee), Chicago.
Treasurer, J, W. Mauck; Secretary, George M. Seward.—V. 67, p. 900.
The bonds are guaranteed, $688,000 by North Chioago, $180,000 by
West Chicago Street RR. Consolidated Traotion has also agreed
C H IC A G O G E N E R A L R Y . —An electric road.
guarantee them.
O rganization—Incorporated October 21, 1893, for 50 years. The
E a r n in g s —For year ending Dec. 31, 1898, gross, $330,267; net,
West & South Towns St. Ry. (formerly leased) was purchased in May,
$161,987; charges, $123,363; balance surplus for year, $38,624. In
1896, [and consolidated. B onds ($500 and $1,000 each) authorized
1897, gross, $314,291; net, $153,621; charges $108,225. Company has
$3,000,000, reduced from $10,000,000 in Deo., 1896.—V. 63, p. 1114.
no power plant. In 1896 carried 6,189,000 passengers, against 4,267
STOCK & Bonds—
Date. Int., Etc. Outstand'g. Maturity,etc,
493 in 1895.
St’k, $10,000,000(par $100) .........................
$500,000
..................
1895 5g.M-N
970,000 Nov. 1,1935
Road Owns double track, paved, electric road on Lincoln Avenue, 1st M., $3,000,000, g . )
Red.aft.I0 yrs.at 105 5 Trus. is Merchants’ Loan & Tr. Co., Chicago.
from the terminus of the North Chicago Street Ry. Co.’s cable line at
W.&S. Towns,lstM .,g...
16 1892 6g. F-A
164,000 A u g .,’02-12
Lincoln and Wrightwood Avenues to North 59th Street; also on Mil
The mortgage trustee is the Northern Trust Company of Chicago.
waukee Avenue, from the terminus of the West Chioago Street R y
Road—In Feb., 1899, owned 20 ^ miles of track and leased track
Co.’s cable line at Armitage Ave. to Lawrence Ave., 6‘75 miles in length,
age 5^2 miles ; extends from Lake Michigan along 22d St., etc.
Robey St. line, 4-99 m iles; Laurence Ave. line, 10-47 miles; Montrose
Earnings—For year ending Deo. 31,1898, gross, $119,738; net, $60,Boulevard line, 9 15 miles.—V. 65, p. 925; V. 68, p. 725.
166; fixed charges, $55,202; bal., surplus for year, $4,964.
( 8 ) CHICAGO NORTH SHORE STREET R E
OFFICERS.—President, (February, 1899), John H. Witbeck; Secre
ORGANIZATION— Leased in 1894 for 50 years to North Chicago Elec
tary, Joshua I. Jones; Treasurer, Lawton C. Bonney.—V. 66, p. 183.
Trie Ry. Lease assumed by Chioago Consolidated Traction.
S tock & Bonds—
Date. Interest. Outstand’g. Lastdiv.,etc
C H IC A G O & SO U TH SIDE R A P ID T R A N SIT
Capita1 stock,6 p.o.guar................
6 Q .-J . $650,000
R R .— ALLEY ELEVATED” )—See South Side E levated .
(“
1st M., $1,500,000, g., )
1894
6g. A-O 675,000
Apr. 1,1912
guar. p. 4c l. (end) .c* s
SubJ. to call at 105 any Apr. 1 after 1905
C H IC A G O U N IO N T R A C T IO N -—
The bonds guaranteed by endorsement by the North Chicago Electrio
In May, 1899, negotiations were under w ay by the Elkins-Widener
Railway, and the stock guaranteed 6 per cent per annum by the same Whitney people for the organization of this company, to acquire the
-company, are listed on the Chicago Stock Exchange.
West Chicago, the North Chioago, the Chicago Consolidated Traction
Interest is paid in New York by Chase Nat. Bank and in Chicago at and possibly other roads. V. 68, p. 725, 928, 976. The roads named
Illinois Trust & Savings Bank, Trustee.
are to be leased, but the plan also included the purchase for $10,000,000
ROAD-Owns 7^3 miles double track; trackage No. Chic. St. RR. 1^ of Mr. Yerkes’ holdings o f North Chicago and West Chicago stocks.
miles; total track operated 18 miles. President, J. L. Cochran; Vice
Prest., L. S. Owsley; Secy, and Treas.. Howard Abel.
G E N E R A L E L E C T R IC R A IL W
a y
-
O rganization—In January, 1896, obtained a twenty-year fran
C H IC A G O E L E C T R IC T R A C T IO N —Storage bat’y, chise for a system of lines south on Dearborn Street, etc., and in
H istory . Successor in J an., 1898, to Englewood & Chicago Electrio February, 1897, additional franchises were granted, the company to
® y., foreclosed per plan in Y. 65, p. 728. The new securities win be:
pay the city 5 p. 0. of gross for second five years of franchise, 713 p. c .
for third five years and 10 per cent for last five years. In 1897 leased
- Date- Interest. Authorized.
>
Maturity.
Stock to be held 5 years )
__ ____
_
a
to Metropolitan Traction Co. for $5,000 yearlv.
in voting trust........... 5
........................... $2,000,000
..........
S t o c k s & B o n d s — Date.
Interest.
Outstanding.
Maturity.
1st mort., subject to caU) 1899 5 g . J - J
500,000 Jan. 1, 1929
Stock, $5,000,000....................................
(?\
at 105, gold (see text) 5 Manhattan Trust Co., N. Y., & J. Kean, trus
«Consol, mort. incom es) , D „
r>
* . _
„ ___ ’
’
1st M „ gold............. 1896
5 g. A-O
abt.$300,000
Oct!,* 1916
for 5 years................... \ 1899 5 A-O
2,000,000 Jan. 1,1929
Mortgage authorizes a first issue o f $3,000,000, then $2,000,000 for
The holders of each of the old first mortgage bonds ($960,000) extensions, and additional amounts at 85 per cent of cost o f still
recognized as valid received in exchange per $1,000 bond, if subscri further extensions and improvements. Trustees, Title Guarantee &
foing $300 in cash: First mortgage bonds, $300; consolidated mort Trust Co. of Chicago and State Trust Co. of New York.—V. 66, p. 1188.
gage, $1,000; stock, $2,000. Both mortgages may be increased to any
IL L IN O IS T R A C T IO N CO-— To be a trolley road.
amount desired for new property, not in excess of $40,000 per mile
Organization , E tc .—Incorporated in O ct, 1898. To build a road
fo r first mortgage.—V. 68, p. 231.
E arnings .—Calendar year 1898, gross, $61,238; operating ex from Grand Crossing, at the terminus of the Chioago City Ry. and
opposite Illinois Central Station, to South Chioago, 5 miles in length.
penses, $53,204; net, $8,034.
R o ad —In Feb., 1899, 23 miles of track were in operation—from 63d In Nov., 1898, John McCabe was reported to be interested.
St. to Blue Island. Cars began running Jan. 19, 1897. In Feb.,
L A K E S T R E E T E L E V A T E D R R .— An electrio road.
1899, had acquired 2 miles of old horse car track in the town of Harvey
O rganization—Chartered August 24,1892. Debt has been mostly
and let oontraots for an extension, including 8 miles of track, from
readjusted under plan of February, 1895 (in V. 60, p. 391), by which
Blue Island to Harvey, and 5 miles were expected to be completed in
the Northwestern Elevated RR. Co. guarantees new debenture bonds.
the spring.—V. 68, p. 231.
Operation by electricity was resumed Sept. 20,1896, but experiments
O fficers—President, Isaac L. Rice, New York; Yice-President
being made with compressed air.
Samuel R. Shipley, Philadelphia; Treasurer, J. 8. Bache, New Y o r k ;
STOCK c
S
Date. Interest. Outstand'g. Maturity, etc.
Secretary, E. R. Gilbert, Chicago, 111.—V. 67, p. 1002; V. 68, p. 231. * Stock, par s B o n d s —
$100............................................... $10,000,000 ..........
Gold debentures; p. & i . ) 1895 5 J - J
3,913,300 July 1, 19*28
Trustee, Northern Trust Co., Chicago.
guar, by N. W. E L ........ £
C H IC A G O & F O X L A K E E L E C T R IC R e
Inc. deben., g., non-cum., ) 1895 5 Feb. 1
955,800 July 1.1928
organization .—Incorporated in 1898 to build a road between Chi
$500 & $1,000 bonds.o. s
Subject to call at 101 on any Feb. 1.
cago and Fox Lake, 51 miles, o f which 25 miles to be operated by elec Bonds not assenting to plan of 1895—
tricity. At some point north of the city the passengers or cars will
1893
1M.O00 J „ lr l , 1928
be transferred and enter the city over one of the present lines of
Do Ziegler bonds (text) 1893
— J -J
605,000 July 1,1928
«team railroad. Both passengers and freight will be carried.
Bills payable Dec. 31,’97....................... .
660,061 .......... ..........
STOCK & B o n d s — Date.
Interest.
Outstanding. Maturity
Interest payable at Northern Trust Co.
Stock.......................................
**
Trustees of 1st mortgage were Farmers’ Loan & Trust Co. o f N. Y.
1st mortgage, dated) 1899
6 *” j - J
(?)
.T a n V iQ i q and American Trust & Savings Bank, Chicago. In June, 1898, the
Jan. 2,1899.......... 5 Int. at Equitable Trust Co., Chicago, Trustee.
Equitable Trust Co. was appointed in place of Farmers’ Loan &
R oad .—Fox Lake, 111., to Lake Michigan, 25 miles, under oonstruo
Trust Co., the latter having been held incompetent to act, but case ap
Tion in Feb., 1899, and expected to be completed in July, 1899. All
pealed to U. S. Court.—V. 66, p. 1237; V. 67, p. 75.
Tight o f way had then been secured.
Yoie.—The total issue of first mortgage bonds was $7,574,000, o f
Officers .—President, 8. P. Leland; Secretary, R. E. T aylor; Treas
which in 1898, $881,000 had not assented to readjustment plan
urer, E. C. Weeks; Manager, J. Woolridge.—V. 68, p. 186.
of 1895. Of these last $102,000 were in the treasury, while $605,000
held b y Mr. Zeigler are still in litigation and receiving no in
C H IC A G O & M IL W A U K E E E L E C T R IC R Y
terest; the balance, $174,000, is allowed to receive interest at 3
—A trolley road. (See M ap, p . 2 6 .)
per cent per annum, or 60 per cent o f face of coupons. Holders o f first
O r g a n iz a t io n — Successor by purchase to Bluff City,Electric St. R y .
5s who assented to plan received in exchange for their principal 60
•operating 4 miles between Waukegan and North Chioago, and ex
per cent in guaranteed debentures (total issued $4,015,200, o f which
Tended the road as shown below.
$102,000 in treasury), and 15 per cent in incomes (total issue $1,003,
800, of which $48,000 in treasury).
K M
1st M., $1,000,000, g. 51898
5g. j . - j .
400,000 J u lv i 1918
Stock—In May, 1896, trust certificates representing Lake Street
($1,000 each) c .......) Int. at HI. Tr. & Sav. Bank. Chicago, Trustee
stock for $5,009,300 were offered to stockholders of Columbia Con
Of the $1,000,000 authorized $400,000 were delivered by the Trus struction Co. at $18‘90 a share; the stock itself will be held in a tentee upon the power plant and 14 miles of road between Waukegan and year voting trust.—V. 62, p. 908.
HighlandJPark, and balance are to be delivered at the rate of 75 per
Bonds—The gold debentures are secured by deposit of the old bonds
•cent o f the actual cost of betterments and extensions. Bonds are with the Northern Tr. Co.; their p. and i. are guaranteed b y the North-
ST R E E T
R A IL W A Y S ,
29
STOCK AND BONDS—
Date.
Interest. Outst'din g. Last div.de.
western Elevated RR. Oo. When all the old bonds have been ex
Stock ($10,000,000) ($100) . . . .
Q.—J $7,920,000 Apr. 15, 99,3%
changed, they will be reissued to the extent of 60 per cent, and the 1st mortgage ($500), & o.) 1886 5 J - J
3,171,000
1
balance canoeled.
See text. Currency___s Trus. Fide’y Ins. Tr. & Safe Dep. Co. o f Phila.
Certs. 5-20s ($100) etc., cur. 1895
6 J -J
1,260,000
1900-1915
Road—Owns in Chicago a doublfe-track elevated railway, Market
Q J
See text.
Oot., 1898
C. City By. Co. stock..............
Street from Madison Street to Lake Street, thence to the Western city N.1st mort., our’oy($1.000*. 1880 30 6 J --J
500,000 J u ly l,1 9 0 0
limits, being 6 2-5 miles, equal to 141 miles of single track. Connects
4
2d M. ($2,500,000) our. > 1887 4 ^ M-N
2,500,000 Nov.l,192<
Trustee, 111. Tr.& S.Bk. 5 Subject to call at any time.
with Suburban RR. for traffic outside the city. V. 65, p. 236. Trains
began running over the Loop line in March, 1897. In 1898 acquired
Stock of N. Chi. City By. Co. not owned by N. Chi. St. BB. Co., $249,franchise for 1 mile road elevated and Ha miles surface, which will be 900 (par, $100), receives an annual rental of $30 per share. North
built by the Cicero & Harlem Ry. Co.—which see below; this piece was Chicago City stock for $250,100 is owned by North Chicago Street RR.
opened April, 1899.
Bonds—The N O. St. R.R. mortgage provides for the issuing (by and
R eport —Fiscal year ends Deo. 31. Report for 1898, V. 68, p. 128.
with the consent of the trustee) of bonds for permanent im
1898.
1897.
1898.
1897.
provements, in amount equal to 75 per cent of such improvements. To
■Gross............... $633,403 $579,961 Taxes...........
$13,849 $18,612
Gper. exp........ 324,947 329,124 Int. charges___ 259,344 257,479 1898 there had been issued: Dated July, 1886, due 1906, $1,500,000;
Loop ren ta l.... 61,954
15,707 July, 1889, due 1909, $1,250,000; Jan., 1896, due 1916, $421,000.
Has guaranteed $649,000 North Chicago Eleotrio Ry. and $255,000
Netrevenue.. $308,456 $250,837 Bai., def. foryr. $26,691 *$40,961 Chicago Electric Transit bonds—(see separate statement of each.)
* Extraordinary improvements in 1897 $31,880, making total North Side Electric St. Ry. $155,000 bonds and Evanston Eleotrio R y .
•deficit for year $72,841.
$130,000 bonds—see these companies below.
OFFICERS— President, D. H. Louderbaok; Seo. andTreas. (May, 1897)
Stock—North Chicago Street stock for $1,100,000 was issued In
Howard Abel, 444 North Clark Street, Chicago.—V. 68, p. 128.
January, 1896, of which $550,000 for part payment o f extra dividend
and $550,000 was offered to stockholders at par.—See V. 62, p. 41. In
CHICAGO & HARLEM STREET RAILW AY.—Name changed from April, 1898, $1,320,000 additional stock was offered to stockholders
Cicero & Harlem.
at par to retire $500,000 certificates of indebtedness of 1891 and for
O rganization—Chartered as an extension o f the Lake St. Elevated. extensions, eto. The issue w ill increase the outstanding stock to $7,STOCK dfc B o n d s —
Dale.
Interest.
Outstand'g.
Maturity. 920,000. Y. 66, p. 761, 811.
S to ck .................................................................
(?)
■ .....................
U
1896.
1st mort., $1,000,000, > 1898
5 A -0
(1)
Apr. 1,1938 D ividends. 5 890. 1891. 1892. 1893. 1894. 1895. Below. 1897. 1898.
percent.
6*2
8
11*2 12
12
12
12
12
$1,000 each...............$ Equitable Trust Co., Chicago, Trustee.
In 1896,12 p. o. in oash, and 20 p. c. extra (10 p. o. in stock and 10
Road —
One mile of elevated and 1 miles of surface and incline
road. Opened April, 1899. Also has the right conferred b y the Cicero p. o. in 6 p.o. certificates of indebt.) In 1898, Jan., 3 p.o.; Apr,, 3 p. o.
Town Board, to build an additional north and south line of about two July, 3 p . o.; Oot., 3 p. c.; in 1889, Jan., 3 p. c.; Apr.,3 p. o.
Road—On Feb. 1,1899.
Miles. I
miles. President, D. H. Louderbaok; Secretary, Howard Abel.—Y. Cable......................................... 18'12 |Electric trolley.......................Miles.
7 5 ‘27
66, p. 759.
H orse............................................. '94 I
| Total track operated.......... 94-33
LOOP ROAD.-S b U n io n E l e v a t e d .
e
A nnual R eport —Fiscal year ends December 31. Report for 1898
was in V. 68, p. 127, and gave earnings as follows:
M E T R O P O L IT A N T R A C T IO N C O Tear ending Dec. 31—
1898.
1897.
1896.
$2,911,551
$2,913,710
Organized in June, 1897, by parties interested in General Eleotrio Gross receipts........................$3,015,323
$1,591,625
$1,519,322
Net earnings.......................... $1,624,642
Ry. Has franchises for about 200 miles of streets in Cook County.
Int., rental, taxes, etc..........
543,665
636,462
524,231
No road constructed to latest dates. In Nov., 3898, the United Trac Dividends paid................. (12%)870,957 (12%)791,943 (12%)758,901
tion Co., with a capital stock o f $500,000, was reported to be organ
Balance, surplus............. $210,019
$163,220
$236,190
ized by parties interested in the Met. Traction.
Total surplus Deo. 31.......................... .
............
$830,741
STOCK & B o n d s —
Date.
Interest. Outstand'g.
Maturity.
OFFICERS— President, C. T. Yerkes; VIoe-President, W. F. Furbeck;
Stock, $ l 0,0o0,000..........................................
(?)
....................
1st M., $2,000,000, gold 1897
5 g. F -A
(?)
1917
2d Vioe-President, General Manager and Purchasing Agent, John M.
Bonds, $1,000 each. Equitable Trust Co. trustee, and the State Trust Roach; Secretary and Treasurer, Charles Moore.—V. 67, p. 221; V. 68,
Co. co-trustee.—V. 65, p. 27, 278.
p. 8 6 ,1 2 7 , 330, 725, 928,976.
M E T R O P O L IT A N W E S T SIDE E L E V A T E D
R A IL W A Y — electric road.
An
N O R T H E R N E L E C T R IC R A I L W A Y —
r g a n iz a t io n —Chartered in 1894 for 50 years. Capital stock is
$50,000. 1st mortgage bonds dated 1894, due June 1,1914, $50,000;
to the Bailroad Co. sold under foreclosure on Jan. 4,1899. E xten trustee, Chicago Title & Trust Co. Owns 5 miles of track from 56th
sions to Cicero, Proviso, Lawndale and Leyden are authorized by
to 68th Streets on North Ave.
articles of incorporation. V. 68, p. 130.
STOCK & B o n d s —
Date. Interest. Outstand'g. Maturity, etc.
N O RTHW ESTERN ELEVATED R e
............. a ................................
$7,500,000 ......................
Common stock
o r g a n iz a t io n —in Dec., 1898. obtained loan of $4,500,000 from
Pref. st’k, 5 p.o. non-cum...............................
9,000,000 .....................
1st M $10 000 000 wold $ 1898 4 g. co.,N 9,600,000 Aug. 1,1938
Ast m ., $ 10,000,000, gold £ Centu Trust F-A . Y., andG. Sherman, trus. syndicate headed by Blair & Co. of New York, upon Its notes, payable
on or before 18 months from date, bearing 5 per cent interest,secured
The title to the common stock is to be vested for five years (unless by deposit with 111. Trust & Sav. Bank, Trustee, of the company’ s en
in any one year during that period dividends of five per cent shall tire capitalization, as reduced, $5,000,000 1st 5s, and $5,000,000,
have been paid on the preferred stock) in Frederic P. Olcott, Walter each of common and preferred stock. Construction is to be pushed,
G . Oakman and Samuel Thorne, as voting trustees, who shall vote and it is hoped to have the road in operation before the end o f 1899.
■only for directors receiving a majority vote of the preferred stock. Y. 67, p. 1357.
The voting trustees shall not vote to create any lien or charge upon or
STOCK and Bonds—
Date. Interest. Outstanding.
Maturity.
fo r the lease or sale o f the property of the company without the con Stock, $5,000,000......................................... a$5,000,000 ......................
Pf. stook.5 p.o.,$5,000,000 ......................... a 5,000,o00 ......................
sent o f a majority in amount of voting trust certificates.—V. 67, p. 789. 1st M., $5,000,000............. 1894 5g F-A a 5,000,000 Aug. 1 ,1 9 4 4
Has guaranteed $407,000 bonds of Union Consolidated Elevated.
Illinois Trust & Savings Bank, trustee.
a All deposited as collateral for 5 p. o. loan o f 1898 for $4,500,000,
R o a d —From the Board of Trade Building westerly about 6 miles,
due June, 1900, but subjectto call any time at company’s option. See
w ith branches; total length, 16‘15 m iles; the first 1*81 miles are
above.
“
*our tracks, the rest two tracks, making total double track miles 17-96.
Northwestern Elevated has guaranteed the debenture bonds o f the
Road began using loop in October, 1897. The road is operated by
Lake Street Elevated.
•electricity. See. V. 58, p. 866. Right of way is owned in fee and mort
Columbia Construction Company.—Contract to build Northwestern
gaged to secure the bonds; 55 motor cars and 125 passenger oars.
“ L” canceled in Jan., 1898. Construction Co. stockholders to receive
E a r n in g s — Jan. 20,1897, to Nov. 1, 1898: Gross, $1,840,446; pay$4,000,000 each of “ L” preferred and common, or about $93*74 of
oils, supplies, etc., $1,534,079; net earnings, $306,367. Year ending. each class for each $100 of Construction Co. stock.—V. 68, p. 127.
Sept. 30,1898, during which loop was used, gross, $1,170,363; net,
The amount paid in on the stock of the construction company and
$800,033. Jan. 1 to Nov. 30,1898, gross, $1,121,624; net, $440,564.
already expended upon the property aggregates $4,166,000, making
PASSENGERS—From Jan. 1 to June 3 0 ,1 8 9 8 ,6 months, passengers
the total cash raised, including the present loan, over 8*2 million dol
•carried 11,873,310, against 7,953,998 in 1897. For year ending Sept.
lars.—V. 67, p. 1356.
-30,1898, during which loop was used, $22,486,377.
A nnual R e p o r t —For 1898 see V. 68, p. 127.
OFFICERS— President, Dickinson McAllister; Secretary and Treas
Road—The road starts at the intersection of Wilson and Evanston
urer, George Higginson, Jr.—V. 68, p. 40,130, 282, 773.
avenues, seven miles from the Court House, and will have 5‘52 miles
of four-track, 92 miles double-track. In Jan., 1898, all the founda
N O R T H C H IC A G O ST R E E T R A IL R O A D —
tions were in. Expected to be in operation in 1899—see above.
ORGANIZATION— Incorporated under the laws of Illinois in 1886 “ to
OFFICERS— President, D. H. Louderbaok; Vice-President, E. L. Brew
construct, lease, purchase, or otherwise acquire horse, dummy and ster ; Sec. and Treas., Upward Abel.—V. 66, p. 1 8 4 ,1 8 9 ; V. 67, p. 737,
street railroads in Chicago and Cook County, Illinois.” It controls the 1264,1357; V. 68, p. 1 2 7 ,1 3 1 .
surface street railroad system in the North division of the city of Chi
cago, through the purchase in 1886 of 2,501 shares out of a total of
SO U TH C H IC A G O C ITY R A I L W A Y C O .O rganization—Incorporated May 31, 1883. Operates two lines
5,000 shares capital stock o f the North Chicago City Railway Co., said
¡road being leased for 999 years from 1886. Franchise 99 years from from Jaokson Park to 106th Street and the Indiana State Line. Ham
Feb., 1865. Annual payment to city for electrical franchise, $10,000; mond Whiting & East Chicago is controlled in same interest.
STOCK & bonds —
Date. Interest. Outstand'g. Maturity.
ca r license, $50 per car per annum, 13 trips per day to a car.
In February, 1899, all the suburban leased lines of the North Chicago Stock ($2,000,000 auth.)... ........................... $1,603,800 ....................
1st mortgage, currency___ 1890 5 J - J
50,000 July 1,1910
:a nd West Chicago systems were united under the name of the Chicago 1 stm ort.$5,000,000,gold ) 1893 5 g.A-O
1,513,000 Apr. 1,1913
$1,000............................. > Int. at Illinois Tr. & Sav. Bk., Trustee, ChicConsolidated Traction, which see.
R oad —Owns 34 miles of track in Chicago and oontrois the Grand
In May, 1899, arrangements had been about perfected for the union
o f the North Chicago with the W tst Chicago and the Chicago Consol Crossing & Windsor Park (RR. Co., 3 miles; total 37 miles. Rails
75 and 85 lbs. Hammond Whiting & E. C. Eleotrio gives a line to
idated Traction, under the name of the Chicago Union Traction.
O r g a n iz a t io n —Successor on Feb. 3,1899 (per plan in V. 67, p. 126).
O
30
STREET R A IL W A Y S
31
STREET RAILWAYS.
Whiting, East Chicago and Roby (Ind.), and makes a direct route o f 14 being assumed—see V. 65, p. 281. Of the Chicago Passenger By. Co
miles from 63d St. and Madison Ave., Chicago, to Hammond, Ind.
(34 miles track) stock, the Chi. W. Div. Ry Co. owns a majority, and
OFFICERS—President, D. P. Cameron; Vice-President, D. M. Cum the road is leased (on March 15,1889; extended in 1897 for 50 years
mings; Secretary, Treasurer, O. S. Gaither.—V. 67, p. 1002.
to the West Chicago Street RR. The West Chicago St. RR. Co. agrees
to pay 5 per cent a year on capital stock of the Passenger Ry. Co.
SO U TH SIDE E L E V A T E D R R .-(“ ALLEY ELE and to guarantee its fixed charges. Formerly leased Cicero & Proviso
St. Ry. and Ogden St. Ry., but these roads have now passed to the
VATED ” )—An electric road.
O r g a n iz a t io n —Successor January, 1897, to Chicago & South Side Chicago Consolidated Traction.
In Feb., 1899, all the suburban leased lines of the North Chicago and
R. T. RR. (foreclosed per plan V. 63, p. 1158).
Road—Owns elevated road in operation in Chicago upon a purchased West Chicago systems were acquired by the Chicago Consolidated
right of way from Congress Street to Jackson Park, 8*56 miles of Traction.—V. 68, p. 86, 769.
In May, 1899, the Elkins-Widener-Whitney people had arranged to
double and triple track; total track said to be 18 ‘62 miles. Operation
o f trains over the “ Loop ” (Union Elevated) began October 18, 1897. unite the West Chicago, the North Chicago and the Chicago Consoli
dated Traction by means of a new company, to be called the Chicago
Electricity was introduced as motive power late in April, 1898.
Union Traction.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock, $10,323,800......................................... $10,323,800 May 1, ’99,1
STOCK & B o n d s — Date. Interest.
Outstand'g. Last div., etc.
1st mort., $1,500,000, ) 1897
4*9
750,000 July 1,1907 Stook,$20,000,000 ($100). text.
Q .-F . $13,189,000.May 15 *99,1^
red.,seetext; currency. 5 Trustee, 111. Tr. & Sav. Bank, Chicago
1st mortgage, $4,100,5 1888 5 M.-N.
3,969,000 May 1, 1928
000, $1,000, s. f ........ o ( Trustee, Ulinios Tr. & Sav’gs Bank, Chicaao.
On Deo. 31,1898, current liabilities and taxes payable were $78,Debentures « 1 0 0 0
«*51894 6 J .- D .
767,000 Deo. 1, 1914
375 and cash on hand was $202,366.
Debentures, $ 1,000— e | subject to call at par after 1899.
Bonds.—Of the $1,500,000 authorized in April, 1897, $750,000 are to Consol. M., $12,500,000g. 51896 5g. M.-N.
6,031,000 Nov. 1, 1936
($1,000 each)............. c* l Trustee, Cent. Tr. Co., N. Y. & G. Sherman.
be held for future improvements and additions. Bonds are redeem
able within five years from date at 105 and after five years at 102;
w fchJ^.M ^.Tun! Co. 1st < 1889 5 F .-A . $1,500,000 Feb. 1, 1909
denominations are $500 and $1,000—See V. 64, p.843.
guar. p. & i ........ end. c. <Trustee, Illinois Tr. & Sav’gs Bank, Chicago.
Power house mortgages.1888-9 5 p. c.
204,000
1928-9
Dividend.—First dividend of 1 per cent (out of earnings for four
Chi. W. D. Ry. Co. st’k 100.......... $35Q.-J. so See text. Oct. 20, 1898
months ending April 30,1899) was paid May 1,1899.
1st mort. 4ias, <$l,t 00).. 1892 4 ^ J. - J.
4,070,000 July 1, 1932
Passengers—From Oct. 18, *97 (date when road began using Loop), till Chic. Pass. Ry. Co. stook............ 5
........
1,116,300
..........
1st mortgage,our.............. 1885 6 F .-A .
400,000 Aug. 1, 1903
Jan. 1,1898 (inclusive), the average number of passengers carried per
Consols. $2,000,000 ou r-< 1896 5 M.-N.
1,600,000 Dec. 1, 1936
diem was 54,121, against 31,578 from Feb. 1, 1897, to Oct. 17. In
renoy..............................5 Trustee, Equitable Trust Co., Chicago.
1898, total carried was 18,898,538, as against 13,350,970 in 1897;
Chicago Electric Transit, etc., see companies following.
daily average 51,777, against 36,578.
Interest is payable at company’s office.
ANNUAL R e p o r t —The annual report for 1898 was in V. 68, p. 228.
Bonds.—Of the $12,500,000 consols under the mortgage o f Novem
1898,
1897
1898.
1897.
ber, 1896, $3,969,000 can be issued only on retirement of an equal
Pass, earns___$944,92? $611,875 Op. ex. &taxes.$682,386 $515,402
Other earnings. 33,403
25,470 Net receip ts...$295,944 $121,943 amount of the outstanding first mortgage 5s, and $2,500,000 fot im
Int. on bonds.. $22,500 ............ provements and extensions at 75 per cent of the cost thereof. In Feb.
Gross receipts.$978,330 $637,345
ruary, 1897, a sale of $6,000,000 o f the consols was made to a syndi
OFFICERS—President, Leslie Carter; Secretary and Treasurer, J. H. cate; the proceeds were used to retire $2,000,000 debentures in
Glade. Office, 4 7 Congress St., Chicago.—V. 68, p. 2 2 8 , 674.
April 28,1897, and the floating debt, and bonds are reserved to retire
S U B U R B A N R A I L R O A D —A trolley and steam road. the $767,000 debentures subject to call in 1900. The mortgage cover*
202*7 miles of track, including West Chioago Street RR., 72*7 miles
O rganization—In July, 1897, Mr. Yerkes secured practical control.
(owned); Chioago West Division Ry., 96 miles (leased), and Chicago
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
Pass. Ry., 34 miles (leased). See V. 64, p. 176,333, 472. Chioago Pass
Stock, $1,250,000.
$1,250,000
istivr
non non tmih 5 1896
5g. M—
S
1,250,000 Mar. 2 ,1916 Ry. consol. 5s are reserved to retire the 1st and 2d 6s.—V. 65, p. 235.
1st M., $3,000,000, gold. I Trustee is Chicago Title & Trust Co.
Stock.—Recent issues—April. 1, 1893, $1,000,000; Aug. 1, 1893,
Of the $3,000,000 bonds authorized, $1,250,000 were issued to build $1,100,000, and Nov., 1893, $1,089,000.
the road owned and to equip a portion of the leased lines with trolley.
Chicago West Division Stock is $1,250,000, of which $625,100 is Owned
The remainder may be issued for extensions built and equipped at by the West Chicago Street Co., the remainder ($624,900) being guar
$50,000 per mile for double and $30,000 per mile o f single track.
anteed 35 per cent yearly under the lease. Chicago Passenger Bailway
ROAD—Owns 30 miles of track, extending from terminus of Lake stock is $2,000,000, having been increased from $1,000,000 in 1896,
Street Elevated at 52d Street, through Grossdale, La Grange, etc. but to July 1, 1897, only $1,116,300 stock had been issued. The
Leases (for 50 years) the Chloago Harlem & Batavia and Chicago & West Chicago St. RR. Co. guarantees, under operating contract
Southwestern roads to Harlem race traok, Austin, Ridgeland, Oak 5 p. c. on original $1,000,000 stook, of which $730,000 is owned by
Park, etc., 21 miles of track, including 9 miles of second traok. Total West Chicago, as is also $730,000 of the issue of 1896.
track operated, 51 miles, all trolley except portion of leased lines
G e n e r a l F in a n c e s .—Application dated June 29, 1897, for listing
from Harlem to River Forest and along West 16th aud 19th streets.
the stook and bonds on the N. Y. Stock Exchange was given in full in
OFFICERS— President (Sept., 1898), John M . Roach; Secretary, V. 65, p. 281, including general balance sheet of June, 1897, and deG. S. Leeds.—V. 64, p. 331; V. 65, p. 236.
ailed information regarding the leases and finances of the company.
D iv id e n d s — >1889. 1890. 1891. 1892. 1893. 1894. 1895 to M a y,’99
U N IO N E L E V A T E D R A IL R O A D —
per c e n t ..) 5
5
6
7J
4
9
9
6 p era n n .
O r g a n iz a t io n —Incorporated Nov. 22, 1894, to build a loop road
R o a d .—In 1898 owned 72*7 miles and leased 186*32 milt %
;
connecting the four elevated roads with business centre of city.
total, 259*02 miles track, operated as follow s: Cable, 30*42 mile s;
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
Stock, $5,000,000........................................... $5,000,000 ...................... electricity 222 miles; horses, 6*6 miles. But Cioero & Proviso and
1st M., $5,000,000, gold .... 1895 5g. A-O
4,387,000 Oct. 1, 1945 Ogden Street Railway now operated by Chicago Consolidated Traction
Interest at Chase National Bank, New York.
Leased—
Miles.
Owned—
Miles.
L ease—Rental is one-half a cent for each paying passenger oarried West Chicago St.................... 72*70 Cioero ¿¿Proviso.................. 37*6!
Ogden St. R y......................... 18*65
Leased—
over any portion of the respective lines, with a minimum aggregate
West Chioago Tunnel......................
Chioago W. Div. R y .............
rental equal at least to the amount of interest charges, taxes, ex Chioago Pass. Ry.................. 96*00
34*00
penses o f operation and mainenance of the lessor company.—V. 65,
A nnual R eport —Report for 1898 was in V. 68, p. 127, showing.
p. 1127. See V. 66, p. 617, 762.
1897.
1896.
Tears ending Dec. 31—
1898.
R eport .—Report for year ending Nov. 30,1898, with balance sheet, Gross earning............................$4,031,903
$3,899,918
$4,018,948
was given in V. 68, p. 279, showing: Revenue from lessees, $335,966; Operating expenses.................. 2,017,946
1,929,664
2,138,378
other income, $1,636; int. on bonds, $210,054; expenses not borne by
$1,970,254
$1,880,570
......... .^ ,U i d ,2
Net earnings..................... .$2,013,957
lessees, $8,786; balance, surplus, $118,763,
(
$493,408
Rental of leased roads.
Road—The loop is 1*98 miles in length, double tracked (80-lb. rails), Coupon interest......................^ 1,198,000
1,136,185 <
241,800
1,198,C
(
280,907
and runs on Lake 8t. to Wabash Ave., to Van Buren St., to Fifth Ave., Other interest and taxes.
to Lake St. Road opened Oct. 10, 1897. Trains of the Lake St., Balance for dividends................
815,957
$834,069
$864,455
Metropolitan West Side, and South Side now operate over the loop.— Dividends paid............................
791,340
791,340
791,340
President, C. T. Yerkes; Sec’y & Treas., Howard Abel.— 66, p. 762;
V.
Balance.................
,.sur.$24,617
sur.$42,729 sur.$73,115
V. 68, p. 2 7 9 , 284.
Total surplus Dec. 31............. ...............
............
$1,795,733
U N IO N C O N SO LID ATE D E L E V A T E D R Y .O rganization —Formed in 1896 and built from Union Elevated at
5th Ave. west to Market St.; thence to the Metropolitan W. S. El.
STOCK & Bonds—
Date.
Int.
Outstand'g.
Maturity.
S t o c k ................................................................ $1,000,000
....................
Series “ A ” 1st mort., g old ,) 1896 5 g M-N
407,000 Nov. 1,1936
gu. p. & i. byMet.W.S.El.) Trustee,G.8herman,V.-P’t,Cen.Tr.Co.,N.Y.
Mortgage $1,000,000, of which $500,000 series A. — 63, p. 1065.
V.
U N IO N L O O P . —See Union Elevated RR.
U N IO N T R A N S IT C O . - A projected road.
O r g a n iz a t io n .—In June, 1898, made application for a fifty-year
franchise for about twenty miles of streets. Successor to the Great
Lakes Transit Company, incorporated August 7,1883. Lucius Clark,
late of the General Electric Railway Co., it is reported, has control.
W E S T C H IC A G O S T R E E T R R .-(S e e page 30.)
O rgan ization—Incorporated July 19,1887 under laws of Illinois.
L eases .—Control o f the Chi. W. Div. By. (96 miles track) was ac
quired through purchase of a majority of its shares (6,251) of capital
■took, and the road leased for 999 years from Oct. 20, 1887, at an
annual rental o f $35 per share, the principal and interest of its bonds
OFFICERS.—President, C. T. Y erkes; Sec. and Treas., L. S. Owsley;
Puroh. Ag, • E. A. Blodgett.—New York office, 54 Wall St.—V. 67, p. 221;
i>
V. 68, p. 86, 1 2 7 , 330, 725, 928, 976.
C IN C IN N A T I, O H IO .
P opulation 1890 was 296,908; in 1880
AND IN 1870 WAS 216,239.
C IN C IN N A T I & H A M IL T O N
S T R E E T RY.— trolley road.
A
was
255,139;
E L E C T R IC
O r g a n iz a t io n — Incorporated in 1897 and road completed about Deo.»
1898. Estimated population of H amilton in February, 1899, 80,000.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
Stock, $600,000; par $ 5 0 .......... ..................
$600,000 .....................
1st M , gold, $500,000, (par > 1898 6 g. J-J
400,000 Apr 1,1918.
$500) not subject to c a l l ..) Int. a t Am.Tr. Co., Cleveland, O., trustee.
Road —Owns 15*a miles of road, extending from Court House,
Hamilton, to Main and North Bend streets, College Hill. Double
track ed in Mt. Healthy, O. Also owns 201 feet right of way on either
a
side o f turnpike from Hamilton to College Hill, about 7 1 miles, brick
*
power-house, car barn, at College Hill, etc. Rails 70-lb. T and 73-lb.
32
STREET
RAILWAYS
girder. In February, 1899, extension from College Hill to Cincinnati
reported to be proposed. V. 67, p. 529. President, Will Christy,
Akron, O.; Treas’r, F. T. Pomeroy; Secretary, C. E. Hooven, Hamilton.
CIN. & M IA M I V A L L E Y —See H amilton , O.
CIN. N E W P O R T & C O Y - See COVINGTON, KY.
A K R O N B E D FO R D & C L E V E L A N D R A I L
R O A D — trolley road.
A
O rganization—Through line opened Oct. 26,1895.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity ^
Stock auth., $1,000,000; )
nnn AM
par $ 1 0 0 . . . . . . . . . .. . . . . \ ••---• --------- $1,000,000 Jtin.15 98,
1st M., $300,000 (par $1,000), ( 1895 5 g. M&8 $300,000 Sept.1,1915
mort. covers 27410 m iles... . ( Central Tr. Co., N. Y., trustee, pays int.
Further bond issue is limited to $10,000 per mile of new track.
Gen. M. (par $1,000)___\ 182 8 5 A.&° d ^72°/? i00 ,
a
Oct. 11918
*
’
\ Dime Savings Bank, Cleveland, trustee.
Bills payable Jan. 1, 1898, $120,000.
The stockholders voted Feb. 6, 1899, to make a mortgage for $1,000,000 to pay the floating debt, and provide for double-tracking, ex
tensions and improvements; $300,000 w ill be reserved to take up 1st
mortgage.—V. 68, p. 83.
DIVIDENDS—In 1898, Jan.,
p. c.—first dividend.
Road .—In May, 1899, Akron to Cleveland. 30 miles trackOf this about l l ^ miles is on right of way owned in fee. Has
traffic arrangement to use tracks in Cleveland, about 5 miles, in Akron
about 4 miles. See Y. 61, p. 870; V. 62, p. 184.
LATEST EARNINGS—4 mos., 5 1 8 9 9 ....Gross, $23,347; net, $3,743
Jan. 1 to April 30.
(1 8 9 8 ....Gross, 23,442; net,
2,065Earnings—For year ending Deo. 31, 1898, gross, $96,053; net,
$30,883; interest. $15,000; bal., surplus for year, $15,883.
OFFICERS—
President, Henry A. Everett; Secretary, Fred. S. BortonSTreasurer, E. W. Moore, Cleveland.—V. 64, p. 1 7 8 ; V. 6-3, p. 83, 425.
C IN C IN N A T I S T R E E T R Y ,- Electric and «able road.
O rganization—Incorporated Jane 21,1880, and in 1896 purchased
Mt. Adams & Eden Park and Mt. Auburn roads
„ S tock & Bonds—
Par. Interest. Outstand'g. Last dio., ote.
Stock ($18,000,000).......... 50
5 Q.-J. $17,090,700 Apr. 1,'99, IV» %
Kilgour M. (assumed), cu r.. ..
4 J .-J .
ft--------July, -----i ' 1900
$25,000
Mt. Adams & Eden Park In.:
1st mortgage, currency.. ..
6 A .- 0 .
62,000
Oct., 1900
‘‘
“
currency.. ..
6 A .-0 .
100,000
Oct., 1905
Consol, mortg., currency. ■ ■
_ ,
5 M .-8 .
515,500
Moh.,1906
Interest is payable at Franklin Bank, Cincinnati.
Mt. Auburn Cable B y .)
8 V 1887 5 J - D $200,000 June, 1907
»
1st M. assumed., .c* 5 Interest at Chemical Nat. Bank, N. Y. City.
Stock—Total authorized stock, $18,000,000, having been increased
from $11,000,000 in August, 1896, for purchase of Mt. Adams &
Eden Park and Mt. Auburn Cable roads and for extensions.—Y. 63, p
188; Y. 64, p. 610. In 1898 $656,000 new stock was issued at par, making, when all paid up, $17,094,100 stock outstanding.—V. 66, p. 616.
D ividends—For manyyears to Apr., 1899, inol., 5 p. cent per annum.
Road—Company on Jan. 1,1899, operated 203*43 miles of track in
the city o f Cincinnati, Ohio, extending also to adjoining suburbs. Of
C L E V E L A N D B E R E A E L Y R IA & O B E R this track 7 miles is cable; rest trolley.
A
Earnings—
For calendar year 1897 earnings are reported by City L IN R Y .— trolley road.
ORGANIZATION—A consolidation in December, 1897.
Auditor of Cincinnati as gross, $2,486,666.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
OFFICERS—Pres’t and Gen. Man., John Kilgour; Secretary and As’st
Stock (par $100).............................................. $1,000,000
................. ,
Gen. Man., James A. Collins; Treas’r, R. A. Dunlap.—V. 66, p. 810.
C
1Subj * o^ a lf Jan.\fl902. \1892 6 g. J&J
73,000 Jan. 1,1912
MILLCREEK
VALLEY
STREET R
e
o r g a n i z a t i o n —Name was changed in 1898 from Cin. Ham. Mid. &
Dayton RR. Stock $1,000,000 common; outstanding, $337,500;
preferred, 5 per cent cumulative, $750,000; dividends, J-J; outstand
ing, $280,000. V. 67, p. 530. No bonded debt Feb. 11,1899.
Road—Owns 7*3 miles of double track, of which 1^ miles between
Zoological Gardens and Mitchell Avenue, Cincinnati, held under per
petual lease. In February, 1899, contract let for extension of ono
branch to Reading and another to Glendale, a total o f about 15 miles,
and 10 miles additional to Hamilton, O., will be contracted for in
spring of 1899. President, L. C. W eir; Viee-President, S. M. Felton;
Secretary, O. B. Brown. V. 67, p. 530.
C H A G R IN F A L L S & E A S T E R N E L E C T R IC -
C L E V E L A N D , O H IO .
P opulation 1890
was 261,353 ; in 1880 was
and in 1870 was 92,829.
160,146 ;
C L E V E L A N D C ITY R A IL W A Y ORGANIZATION—Chartered in 1893. Known as “ Little Consolidated.”
In 1898 consolidation with Clev. Elec. By. was proposed.—V. 62, p. 363.
STOCK & Bonds—
Date.
Interest. Outstanding, Maturity.
Stook (100) $8,000,000.............
Q.-J.
$7,600,000 Apr.10,’99,1
Cleve. City Cable R y > 1889 5g. J.-.T.
2,000,000 July 1,1909
gold$l,000o.<br.lstM >Trustee is Central Trust Co., New York.
EARNINGS—For years ending Dec. 31 earnings have been:
Fear.
Gross.
Net.
Interest.
Bal.,sur.
1895 ...........................$1,060,229
$458,772
$109,116
$349,656
1894............................
923,551
366,113
131,569
234,544
Dividend—Dividends of 4 per cent annually have been paid, but for
1896 paid 2 p. 0.; 1897, 2Vt p. c.; 1898, 3 p. 0. (% p. 0. Q-J); in 1899,
Jan., % p. c.; Apr., 1 p. c.
Road—The company operates 84 miles of traok in the city of Cleve
land and suburbs on 41 miles of streets, extending 6 miles east and
west of city limits; electric lines, 72 miles; cable, 12 miles. Weight
o f rails 82 and 98 lbs.
OFFICERS—President, M. A. Hanna; Vice-President, F. De H. Rob
ison ; Secretary and Treasurer, J. B. Hanna.—V. 62, p. 363, 664.
C L E V E L A N D E L E C T R IC R A IL W
a y
-
O r g a n iz a t io n — Known as the “ Big Consolidated.” Consolidation
o f the Cleveland Electrio and Cleveland City is proposed.
S tock & Bonds—
Date. Interest. Outstand'g. Last dio., etc.
Stook ($100)...................................
Q.-J. $12,000,000 Apr. 5,'99,1%
Bonds assumed—
J 1892 5 M -S
1^000,000 March, 1910
E. Clev.RR. lstM .($l,000) \Interest at Central ÌTust Co. New York.
Brooklyn St. 1st $1,000..
1883 6 M -S
300,000 Sept. 1,1903
do mort. 1890$1,000... 1890 6 M -S
300,000 Sept. 1,1903
. 300 000 Sept. l ’t 19Ö3
South Side 1st $1,000.......L I ,*8,8
xv, ,
, w,
.
tInt. la Phila. at Fidelity Ins. Tr. & Safe Dep.
Oleveland Electric By.—
Con.M. ($1 000) eold c*&r $ 1893 5g. M -S
1,850,000 Mch. 1,1913
wr.uuu) goiu.c &r £ Int at tru8te6jcentral Trust Co.,N. Y.City.
DIVIDENDS—The quarterly dividend was passed in January, 1896
in April, 1896, paid ^ p. c.; in 1897, 3 p. c.; in 1898, 3Q p. ; in 1899
Jan., 1 p. c . ; Apr., 1 p. 0.
Bonds—Oonsolsof 1893 for $1,900,000 reserved to retire the bonds
assumed Bonds in excess of $3,500,000 (including the $1,900,000 re
served as above) cannot be issued except for 85 p. o. of the cash cost of
extensions o f mileage and increase of plant. The bonds are a first lien
on the Broadway & Newburg system and on all extensions made and
property acquired subsequent to the consolidation; they cannot be
called before maturity.—V. 61, p. 749.
Road—The company operates in the city o f Cleveland “ an aggregate
single track of about 96*3 miles; practically all the lines are double
tracked.’ ’ Also operates about 10 miles of suburban track.
ANNUAL R eport —For the years ending December 31:
1898.
1897.
1896.
1895.
Gross earnings.........$1,714,522 $1.632,020 $1,634,841 $1,503,620
Net earnings............. $683,733
$593,075
$553,862
$519,399
O fficers—President, Henry A. Everett; Secretary, R. A. Harman;
Treasurer, E. W. Moore; Gen. Manager, R. M. Douglass; Puroh.
Agent, O. W. Wason.—V. 68, p. 1146; V. 68, p. 129.
C 18 m * f f i s $500)' °.n \1893 6 M&N
200’000 May 1 ,1 91 5
Elyria & Oberlin 1st M. on \ 1897 6 A&F
100,000 Aug. 1,1917
9 miles (bonds $500)___5 Interest at Cleveland Trust Co., trustee.
Cl. Ber. Elyr. & O. con.M .) 1899 5gM&S lstdueSep.1’99 Mch.1,19191
$500,000, g. ($1,000 ea.) J Interest at Cleveland Trust Co., trustee.
Bonds—Of the new 5s dated March 1, 1899, $373,000 are to be
reserved for the retirement at or before maturity of the divisional 6»
to a like amount, and balance to be used for extensions, etc. V. 68, p
186.
Road—Operates 37 miles of traok extending from Cleveland to
Berea, Elyria and Oberlin; sidings, additional, 2 miles. Extension to
Rockport is to be built. President, A. H. Pomeroy; General Manager
F. T. P om eroy—V. 63, p. 793; V. 68, p. 186.
O rganization —
Incorporated in 1898 as an extension of Cleveland &
Chagrin Falls Electric RR., which is to operate it under contraot.
STOCK & Bonds—
Date.
Interest. Outstand’g.
Maturity
............
Stk,$300,000(par $100) . . . .
Quarterly
$300,000
1st M. $300,000, g old .) 1898
6 g. M&N
(1)
May 1,1918
($500 each)............. ) Int. at Guardian Tr. Co., Cleveland, O., Trus.
Bonds are subject to call at par after 10 years.
Road—To extend from Chagrin Falls to Garrettsville, 12 miles of
roa d ; 24 miles of traok. Under construction in February, 1899.
OFFICERS—President, R. S. Hubbard; Treas., C. E. Morgenthaler;
Sec., Jay E. Latimer, 409 American Trust Bldg., Oleveland, O.
C L E V E L A N D & C H A G R IN F A L L S E L E C
T R IC R A IL R O A D — trolley road.
A
ORGANIZATION—Incorporated in December, 1895, to build and oper
ate a passenger and freight road between Cleveland and Chagrin Falls»
14 miles, to furnish heat, light and power, and own pleasure resorts.
STOCK & B o n d s —
Date. Interest. Outstand'g. Maturity.
Stock..................................................................... $300,000 ......................
1st M., $200,000, g., red. aft. > 1896 6 g. M-N 200,000 May 1 ,1 9 1 6
May 1,1906 ($500).......o* 5 Int. at Guardian Trust, Cleve., trustee.
R o a d — In January, 1899, had 14 miles of traok. To operate under
contract when completed the Chagrin Falls & Eastern RR., extending
from Chagrin Falls to Garrettsville, 12 miles.
President, F. M. Stearns; Vice-President, M. A. Sprague; Secretary
C. F. Lane; Treasurer, Wm. Prescott.
C L E V E L A N D & E A S T E R N RR.-Trolley.
O r g a n iz a t io n — Incorporated to construct an electrio road from
Oleveland through Cuyahoga, Geauga and Ashtabula counties to the
Pennsylvania State line, between 60 and 70 miles. Stock authorized,
$1,200,000; issued, $100,000. Bonds will be authorized, Cleveland
Trust Co. to be Trustee. In July, 1898, construction was said to ha>e
been begun to Burton via Chardon, 40 miles, and in Nov., 1898, 20
miles had been graded and rails, ties, spikes, eto., ordered. In Febru
ary, 1899, extension from Burton to Andover on Pennsylvania State
line was being considered.
President, H. P. McIntosh; Vice-President, H. A. Sherwin; Secre
tary and Treasurer, E. G. Tillotson.
CLEVELAND
M E D IN A & S O U T H E R N
E LE C T R IC R A IL W A Y — be a trolley road.
To
ORGANIZATION— Incorporated in October, 1897, to build to Cincin
nati via Columbus. In Aug., 1898, had let contracts for grading andl
overhead work as far as Wooster, 52 miles, and 30 miles had been
graded and bridged.
STOCK & bonds —
Date.
Interest. Outstand'g.
Maturity.
Stk.,$750,000(par$100) ...............................................; ...........................
1st mortgage, $500,000 (1898
5 J -J
(?)
July 1,1918
($500 each.................. ( Interest at Company’ s office, Cleveland, O.
The Cleveland Trust Co. is trustee o f the mortgage.
Incorporators—F. C. Goodman, Joseph W. Roof, William Hackney,
Adelbert R. Gibson, Geo. R. MoRay, etc.—V. 67, p. 319.
C L E V E L A N D F A IN E S V IL L E & E A S T E R N
R A IL R O A D — trolley road.
A
O rganization , Et c .—Incorporated April 25, 1895. Road com--
33
STREET RAILWAYS.
pleted in August, 1896. The stockholders were to vote Jan. 17,1899,
C O L U M B IA T R A C T IO N L IG H T & P O W E R to increase the stock from $1,000,000 to $1,500,000. Y. 67, p. 1356.
Organized in 1898 to buy and own the entire street railway system
„.STOCK & Bonds—
Date. Interest, Outstand’g.
Maturity.
and electric-lighting plant in Columbia. Stock, $500,000. In J an.
Stock, $1,500,000; par $100 ........
<
i>
1899, the project had not been consummated, and no securities had been
gol,d> $500,000. > 1896 ,5 g. A^-O
500,000 Apr.'1,' 1916
issued. Incorporators—I. L. Withers and F. H. Weston, o f Columbia
($1,000 ea ch ).,............c* > Interest at State Trust Co., S . Y.
T
Debentures $500,000
\x *97* ®
1
J
445,000 July 1,1907 F. F. Williams and Willet Hazard, of Buffalo, N. Y.
' ( Int. at Dime Sav. & Bkg., Clev., trustee.
Trustees o f mortgage are State Trust Co., N. Y., and Cleveland
Trust Co., Cleveland, O. Bonds authorized at $25,000 per mile. On
COLUM BU S, GA.
Jan. 1,1898, current liabilities were $220,000.
Population 1890 was 17,303; in 1880 was 10,123;
Road—Owns road from Euclid, Ohio, to Painesville, 18’87 miles, and
and in 1870 was 7,401.
uses Cleveland Electric By. from Euclid to Public Square, Cleve., 10
miles; Shore Branch ” (Willoughby to Cleveland, built in last half of
CO LU M B U S R R .— art trolley; part steam
P
.
1897) , 14'39 miles; total track (including 4 L miles of double), 37*76 O r g a n iz a t io n —Owns and operates the street car system of Colum.
>
miles. Rails 68-lb. girder on old line and 70 lb. T on Shore Branch. bus, the belt passenger and freight lines, connecting with all past
23 motor cars. Power house is at Willoughby and uses water from senger and freight depots, and a large brick, metal roof warehouse
Chagrin River free.
and general storage building; also an electric light and power system.
Latest Earnings—4 months, > 1 8 9 9 ...Gross, $27,993; net, $7,213
Securities—New bonds are first mortgage 5s due 1937, for $450,000,
Jan. 1 to April 30.
51 8 9 8 ...Gross, 23,824; net, 8,554 and second mortgage 6 per cent non-cumulative incomes, due 1937;
EARNINGS— For year ending Dec.31,1898, gross, $105,360; net, $46,- $30,000 of the firsts are reserved to retire $30,000 underlying bonds
480; interest on 1st mortgage bonds, $25,000.
due 1913 and $20,000 to build bridge aoross river.—V. 66, p. 759.
OFFICERS—President, C. W. Wason; Vice-President, J. A. Biedler;
R o a d — Operates 241 miles of track.
2
Treasurer, E. W. Moore; Secretary, F. S. Borton. Directors (January,
OFFICERS—President, John F. Flournoy; Vice-Pres., W. D. Stratton;
1898) - Henry A. Everett, I. N. Topliff, W. F. Carr, Fred. Storm, C. W. Sec. and Treas., P. W. Briggs, 100 B’ way, New York.—V. 66, p. 759.
Wason, E.W. Moore and J. A. Beidler.—V. 63, p. 356,458; V. 64, p. 2 8 4 ;
V. 67, p. 1356.
C O L U M B U S , O H IO .
L O R A IN & C L E V E L A N D R Y O rganization —Chartered in 1895. Owns 19 miles of trolley over
private right of way between Rocky River and Lorain and running to
Public Square, Cleveland, on Cleveland City Ry. Power house is at
Avon Beach Park, using water from Lake Erie.
STOCK & Bonds—Capital stock, $1,000,000 (increased from $500,
000 in Aug., 1897; par $100); outstanding $700,000; $300,000 held in
trust, with a like amount of bonds, to be issued only for extensions,
additional equipment, etc. First mortgage authorized, $1,000,000
o f 5 p. c gold bonds; $700,000 issued, dated July 1,1897, due 1927,
optional after July 1,1897; $1,000 each, S & J. Trustee, Cleveland
Trust Co.; interest there or at Colonial Trust Co.,N. Y. H aifa million
of the bonds were offered for sale in Feb., 1899 by E. H. Gay & Co. of
Boston and the Canadian Bank of Commerce.
Latest Earnings — mos.,? 1899.............. Gross, $15,362; net, $6,336
3
Jan. 1 to March 31.
J1898.............. Gross, 10,584; net, 4.114
Earnings—For year ending Deo. 31,1898, gross, $73,037; net, $39,372; interest on 1st mortgage bonds, $35,000.
President, B. Mahler; Vice-President, E. G. Tillotson; Secretary,
James B. Hoge; Treas., E. W. Moore.—V. 68, p. 85, 380.
E stimated P opulation , 1899,145,000.
P opulation 1890 was 88,150; in 1880 was 51,647;
and in 1870 was 31.274.
C O L U M B U S S T R E E T R A I L W A Y —A trolley road
ORGANIZATION—Organized in May, 1892.
STOCK & Bonds .—
Date. Interest.
Outstand’g Last div., <tc
Capital stock................................
Q.—F.
$3,000,000 M ayl,’9 9 ,l%
Col. Con. Street RR. 1st ) 1889 5 g. J. - J.
698,000 July 1,1909
mortgage, gold............. 5 Interest at Central Trust Co., N. Y.
Col. St.Ry. 1st$3,000,000 ( 1892 5 g. J. - J.
2,281,000 July 1 ,1 93 2
gold................ ..........c* ) Interest at E. W. Clark & Co., PMla.
Crosstovralsfm orL,$2,-> 1893 5 g. J .-D .
572,000 June 1 , 193»
000,000 g. gu. p. < i. 0.* 5
fc
Knickerbocker Trust Co., N. Y., Trustee.
Bills payable Jan. 1,1899, $145,000.
Bonds.—The first consol, mortgage of 1892 is for $3,000,000, of which
$719,000 are in hands of trustee (Knickerbocker Trust Co., N. Y.) to
retire the Col. Consol. St. RR. firsts. The Orosstown Street By. 1st M. is
for $2,000,000, of which the balance unissued may be sold for exten
sions at $30,000 a mile. Principal and interest of the Crosstown bonds
are guaranteed by Col. St. Ry. Co., which owns all the stock and operates
property under a perpetual lease. Guaranty endorsed on each bond.
DIVIDENDS—1892, 3 per cent; 1893, 2 p c.; 1894,1*2 p. 0.; in 1895,4
C O H O E S , N. Y .
p. c.; in 1896,4 p. o.; in 1897,4 p. c.; in 1898,4 p. c.; in 1899, Feb., 1 p.o. ;
May, 1 p. c.
P opulation 1890 was 22,509; in 1880 was 19,416;
Road .—Operates 64’17 miles of traok, as follows :
and in 1870 was 15,357.
Road leased.
Road owned.
Miles.
CO H O ES C ITY R A I L W A Y .-A trolley road.
Crosstown St. R y........................13
ORGANIZATION— Chartered in 1894 and controlled by the same in Main line................................ 51T7
Rails, 45 to 93 lb. girder and 60 to 80 lb. T. Owns 87 closed motor
terests as the Albany Railway with which connection is made.
cars, 57 open motor cars and 20 trail cars.
STOCK & Bonds—
Dale. Interest. Outstand’g. Maturity.
Stock (par, $20) ............................... 2% yr.’95-6 $50,000
.................. LATEST E ar n in g s — 4 mos., ) 1899. ..Gross, $225,519; net, $120,859
Jan. 1 to April 30.
) 1898...Gross, 207,643; net, 107,878
1st M., gold, $50,000.......... 1895
6 g .,J -J
50,000 July 1,1905
2d M., gold............................... 1896 6 g .,J -J
35,000 May 1,1906
A nnual R e p o r t — Fiscal year ends Dec. 31. Report for 1898 was
Loans payable (June 30,1898,) $23,633. Year ending June 30,1898, given in V. 68, p. 326. Earnings have been as follow s:
gross, $23,321; def. under charges, $7,806. In 1895-96 gross, $27,083;
1898.
1897.
1898.
1897.
net, $8,350; interest and taxes, $3,169; dividends (2 per cent), $1,000; Gross earns.. .$680,173 $605,921 Dividends.......$120,000 $120,000
4,293
balance, surplus, for year, $4,181. Three months ending Sept. 30, Net earnings.. 352,481 319,047 Surp. for year. 35,376
Other income.
8,860
5,397 Tot.sur.Dec.31 231,025
196,638
1898, gross, $8,241; net, $1,471; charges, $1,662; deficit, $191.
Fixed charges. 205,964 200,151
Road—Traok, Sis miles. President. John W. McNamara, Albany, N.Y
OFFICERS—Pres., Robert E. Sheldon; 1st Vice-Pres. and Treas., E. K.
Stewart ; Sec. and Auditor, P. V. Burington; General Supt. and PurAgent, W.F. Kelly. INDEX—V. 67, p 1160; V. 68, p. 3 2 6 .
C O L O R A D O S P R IN G S , C O L.
CO LU M B U S C E N T R A L R Y . - A trolley road.
ORGANIZATION— George H. Worthington of Cleveland, O., is receiverOn Oct. 26, 1898, decree of foreclosure was entered.—V. 67, p. 955.
O rganization—Chartered in 1890. Franchise is perpetual and is
In May, 1899, date of sale had not been fixed, Judge Bigger having de
said to give “ practically exclusive” rights in the city.
STOCK & Bonds— Miles. Date. Interest. Outstand’g.
Maturity. cided that order of sale could not be carried out until the charge that
Stock (par $100)..................................................
$500,000 f.p.................. some o f the bonds had been issued fraudulently had been investi
1st M., $1,000 ea ch ...
7*2 1890 6 A-O
350,000
1910 gated.
Consol. M., $1,000 ea.,) 27 1891 6 g A-O
150,000 Apr. 1,1921
B o n d h o l d e r s ’ C o m m i t t e e — g . h . Worthington, j . v. Painter*
for $500,000, gold .. 5 Subject to call after October 1,1896.
Interest is payable at Chemical National Bank, New York City* M. T. Herrick, all of Cleveland; H. L. Breneman and T. C. Campbell,
Consolidated mortgage limited to $500,000 by cancellation of of Cincinnati; Secretary, F. N. Bendelari, Columbus, Ohio; depository,
$250,000 of the bonds; $350,000 reserved for first mortgage Trustee, Guardian Tr. Co., Cleveland. About $1,300,000 bonds deposited.
STOCK & BONDS— Miles. Date. Interest. Outstand’g. Maturity. ■
Central Trust Co., N. Y.
0 0 )..............................................
............
Road—Owns 28*2 miles of traok, and June 1, 1895, began to op Stock (par $ 1(see text) .................................. $1,500,000
Receiv’ s ctfs.
12,000
............
erate the Manitou Electric Railway < Casino Company’ s line, lia miles. 1st mortgage, $ 1 ,5 0 0 ,-(.... 1893 5g. M-N 1,500,000 May 1,1918
fc
000, gold................... ( May, ’ 96, coupon the last paid.
A nnual R eport —For year ending Dec. 3 1 ,1897, earning3 were :
Mortgage trustee is the Savings & Trust Company of Cleveland, O.
1897.
1896. I
1897.
1896.
Gross earn s...$142,664 $152,032 Fixed charges...$33,912 $34,081
In July, 1898, stockholders were held liable for debts.—V. 67, p. 73.
Net earnings.. 57,889
65,129 |Balance, surplus 23,977
31,048
Road—lu May, 1899, reported to have 34 m. of track.
OFFICERS—Pres., F. L. Martin; Vice-Pres., E. J. Eaton; Seo’y, Treas
E a r n in g s —From Oct. 1, 1896, to March 1 ,1 8 9 8 ,1 7 months, re c e iv
and Gen. Man., A. L. Lawton; Supt. and Purch. Agt., D. L. Macaffree.
er’ s report show s: Gross, $128,265.—V. 67, p. 73, 955.
P opulation 1890
was
11,140 ;
in
1880
was
4,226.
C O LO R A D O SP R IN G S R A P ID T R A N SIT R Y .
C O L U M B IA , S. C.
P opulation 1890
15,353 ; in 1880
1870 was 9,298.
was
and in
was
10,036 ;
C O L U M B IA E L E C T R IC S T R E E T
W A Y L IG H T & P O W E R -A trolley road.
R A IL
STOCK & BONDS—
Miles. Date. Interest. Outstand’g. Maturity.
Stock!$75,000 (par$100) .................................... $75,000f.p........................
1st M., gold, $ 1 ,0 0 0 ...0* . . . . . . 1892 6g. M-N 150,000
May 1,1922
Interest is payable at Mercantile Trust & Deposit Co., Baltimore.
ROAD—Operates 10 miles of track.
OFFICERS—Pres, and Gen. Manager, J. Q. Marshall; Sec., W. H. Lyles.
C O N C O R D , N.
P opulation 1890
H.
17,004; in 1880 w as 13,843 ;
and in 1870 was 12,241.
C O N CO R D ST R E E T R A I L W A Y —A trolley road,
extending from the central wards of Concord to Penacook.
STOCKS & BONDS—
Date. Interest. Outstand’g.
Last div., etc.
Stock, com., $100,000..............................
$50,000
...............
Pref.,cum.,$100,000.............
6
50,000
1895-96,6%
First mortgage, $150,-( 1893
5 J-D
118,500
Deo., 1913
000...........................c , < Subject to call in 1898 to 1902, inclusive, at
. ($500 eaoh.)
C
102; in 1903 and thereafter at par.
was
STREET
34
RAILW AY S
Interest at National Bank of Redemption, Boston, and in Concord.
Dividends o f 6 per cent have been paid on the preferred stock.
"Road is 12 miles long ; total track, 121 miles
a
Earninqs—For years ending June 30 earnings were :
1897.
1898.
1898.
1897.
Gross earnings..$52,440 $49,529 Interest and taxes.$6,723 $6,485
Net earnings___ 7,930
6,050 Dividends............. (!)
Other in com e....
461
250 B alance........................— def.185
OFFICERS—President and Purchasing Agent, J . H. A lhin; Treasurer
and CleTk, A. B. Cross.
C O R N IN G ,
P opulation 1890
was
10,188;
N.
in
Y.
1880
was
C R IP P L E C R E E K , COL.
C R IP P L E C R E E K D ISTRICT R A I L W A Y —
ORGANIZATION —Has municipal franchises, granted in 1896, for 25
years. Chartered in 1897 for 50 years.
BONDS—First mortgage, gold, coupon 5s; authorized, $1,250,000;
all issued; $1,000 each, due 1948, A & O; interest at Central Trust
Company, New York, trustee.
ROAD—Trolley. Cripple Creek to Victor, 7 miles, operated from
January, 1898; and 32 additional miles, Colorado Springs to Cripple
Creek, under construction, of which about 20 miles reported nearly
completed. President, H. C. 8. Dyer; Vice-President and Gen’l Man
ager, L. D. Ross; Secretary and Treas’r, J . L. Lindsay.
7,402.
C O R N IN O & P A IN T E D POST ST R E E T R Y A tr o lle y ro a d .
O r g a n iz a t io n - Incorporated Dec. 11, 1894. Commenced opera
tions Nov. 1,1895.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity.
Stock, $100,000; ($100)...................................... $100,000 . . . . . . -----5 J -J
100,000 Jan. 1,1926
1st mortgage $100,000....... 1896
DALLAS, TE XA S.
P opulation
in
1898 (estimated )
and in 1880
was 64,224; in
was 10.358.
1890
w as
38.067
D A L L A S CO N SO LID A TE D E L E C T R IC ST.
R.Y.-Trolley.
ORGANIZATION— A consolidation in February, 1898, of the Dallas
City Street Ry. and Queen City Ry. sold in foreclosure. In March,
Earnings—For year ending June 30, 1898, gross, $24,716; net 1899, G. M. Van Ginkel purchased the road in the interest of a Des
$5,491; otherincome, $113; interest and taxes, $6,336; bal., def.,$732. Moines, la., and New York syndicate. The road has, exclusive of^
O f f ic e r s — President, T. C. Bates; Secretary, W . C. Tylee; Treasurer, switches, 34 miles of track. Stock authorized, $1,000,000. A m o r f
gage for $800,000 securing, it is understood, 20-year 5 per cent bonds
E. P. Shaw.
was made in July, 1898, to the Union Trust Co. of St. Louis as trustee.
A ll the authorized stock and bonds were in Nov.. 1F98, reported to be
C O R T L A N D , N. Y .
outstanding as collateral for a loan. In March, 1899, property was
conveyed to E. J. Gannon, trustee, to secure a note for $365,000 held
P opulation 1890 was 8,590; in 1880 was 4,050;
by J. B. Wilson, bearing 10 per cent interest and payable Sept 15,
AND IN 1870 was 3,066.
1900. A t the same time the Queen City Road was conveyed in trust
C O R T L A N D & H O M E R T R A C T I O N —Trolley.
ORGANIZATION —Chartered May 14,1894, and purchased the entire to secure a note for $25,000, bearing 10 per cent interest, and due
capital stock ($150,000) of the Cortland & Homer RR. Has perpetual Sept. 15,1900. In this latter case the pledge is subject to the lien of
right to use said railroad and operates it as an integral part of its the first note. Presid’t, G. Van Ginkel; Vice-President, J. B. Wilson,
system. The Traction Co. owns all the stock and bonds (in all $80,- Secretary and Superintendent, Edward T. Moore. V. 66, p. 185; V.
000) of Cort. & Homer Electric Co., which furnishes 100 arc lights to 67, p. 176; V. 68, p. 618, 670.
the two cities and also lamps to the public. Carries coal and freight
D A L L A S & O A K C L IF F E L E C T R IC R Y.~
as well as passengers, between Cortland, Homer and McGrawville.
STOCK & B o n d s —
Date.
Interest. Outstand’g.
Maturity. A trolley road. Chartered May, 1887. Operates 11 miles of track.
Stock............................................
............
$300,000
. . . . . . . . President, H. C. Scott! Vice-Pres’t, C. F. Carter; Supt., B. F. Sibert.
1st M.,$300,000, gold, ) 1894 6 g. A. - O. 300,000 Apr. 1 ,1 9 2 4
free o f t a x ............o* 5 Interest at Farmers’ Ln. & Tr. Co., New York.
R A P ID T R A N SIT R A IL W A Y — A trolley road.
Road—Operates 10’57 miles of track between Cortland and Homer
O r g a n iz a t io n —Successor in Jan., 1899, to Dallas Rapid Transit <
fe
and Cortland and McGrawville, completed in 1895. Rail is 60-lb. T •
Terminal Ry., sold Nov. 1,1898, to W. F. Thayer of Concord, N. H.—
EARNINGS—Year ending June 30,1898, gross, $29,516; n et,$11,551; V. 67, p. 1003. Capital stock $100,000; par, $100. A number of im
other income, $4,890; interest and taxes, $19,811; deficit for year» provements, it is said, are contemplated. Has 13 miles o f track on
$3,370. In 1897, gross, $31,904; net, $14,304; other income, $4,980» 13 miles of streets.—V. 67, p. 1003.
interest and taxes, $18,600; surplus for year $683.
N O R T H D A L L A S C IR C U IT R A I L W A Y . - A
OFFICERS—Pres., P. S. Page; Sec. and Treas., G. H. Harrison, Cort
trolley road, embracing, it is said, 4 miles of track. Stock $ 100,000.
land, N. Y.
There are $100,000 of 6 p. 0. 30-year bonds owned by the stockholders
and on which no interest is being paid. President, R. A. Ferris.
R o a d —O w n s 5 '3 m ile s o f tr a c k .
COTTAGE
C IT Y , M A S S .
C O TTA G E C IT Y S T R E E T R Y .—
A
trolley road.
O r g a n iz a t io n — stock, ($100) $37,000,1st mortgage, $25,000, gold
1895, 6 g., M-N, due May 1,1915. Interest at International Trust Co.
Trustee, Boston. Dividends—1894-95, 4 per cent; in 1895-96, 0; 1896.
97, 4 p.o.; 1897-8,0. Owns line 5-4 miles in length; sidings, *2 m.
E a r n in g s — For year 1897-98, gross, $3,537; net, $14; charges,
$1,995. Boston office, 21 Milk St., Boston, Mass.
Foreclosure —Was to have been sold at foreclosure March 29,
1899, but sale adjourned to May 12.1899.
C O U N C IL B L U F F S , IA .—s e e
om aha.
C O V IN G T O N , K Y .
P o pu latio n 1890 w a s 37,371 ; in 1880 w a s 29,720
AND IN 1870 WAS 24,505.
C IN C IN N A T I
NEWPORT
& C O V IN G TO N
D A N B U R Y , CONN.
P opulation 1890 was 16,552; in 1880
AND in 1870 was 8,753.
was
11,666;
D A N B U R Y & B E T H E L STREET RYO r g a n iz a t io n .—Has a perpetual special charter, the only street oar
ompany serving the city of Danbury and town of Bethel. Its lines
Iso extend to the Danbury Fair Grounds and the pleasure resort of
»ake Kenosha. The population served is estimated at over 30,000.
o r n r K A- R o n d s —
Miles. Date. Interest. Outstand’g. Last div.,etc.
¡took ($323,000, par $25) ................... Semi-an. $320,000
See text.
st M. $200,000, gold...............
1894 5g. M-N 200,000 M ayl,1914
Interest in Boston at Am. Loan & Trust Co., trustee.
Dividends in 1896, 4hs p. c.; in 1897, 4 p. 0.; in 1898, 4 p. c.
R o a d — On Oct. 1,1898. trolley road in Danbury and from Danbury to
lethel, etc., 10-6 miles in all; sidings, etc., 55 miles; total, 11’15 miles.
EARNINGS—For 9 months ending June 30, 1898, gross, $42,827;
iet, $16,794; interest and taxes, $12,992; dividends, $12,800. Bills
»ayable June 30,1898, $8,500. For year ending Sept. 30:
Gross.
Net.
Int. < taxes. Dividends. Bal., sur.
&
.896-7,............$62,483
$26,771
$13,184
$12,800
$787
R A I L W A Y -A trolley road.
O rganization —Organized in 1892 to buy up and consolidate all the
roads on the Kentucky side of the river, opposite Cincinnati. See
O f f ic e r s — President, Samuel C. Holley, Danbury, Conn.; Vice-Presi
particulars in S upplem ent for May, 1898.
STOCK & B o n d s —
Date.
Interest. Outstanding. Maturity. dent, S. Harrison Wagner, New Haven, Conn. Directors—S. C. H olley,
Stock ($100) $4,000,000.................................. $3,500,000 F eb.1,’99,
A r t h u r E. Tweedy, Henry Bem d, M. H. Grifflng, M. MoPhelemy, A.
Underlying Bonds—
W. Holley, all of Danbury; S. Harrison Wagner. New Haven.
So. Cov. & Cm. 1st M........ 1882 6 M -S
250,000 Mch., 1912
Tr «Knn non o-nm 51892 6 g. J - J
v
150,000 Jan. 1,1932
Consol. M., $500,000 gold. | interest at Am. Ex. Nat. Bank, N. Y. City.
D A N V I L L E , ILL.
Newp. «feDay.8t.Ry. 1st M. 1887 6
....
100,000 Aug. 1,1917
Cincinnati Newport < Covington
6
POPULATION 1890 WAS 11,491; in 1880 was 7,733.
1st consol, mort., gold, $3,- > 1892 5 g. J - J
2,500,000 July 1,1922
000,000 ($1,000). ..c* & r s Trustee Farmers’ Loan & Trust Co. of N.Y.
D A N V IL L E G A S E L E C T R IC L IG H T
&
2d mortgage, $1,000,000, > 1896 5 g.
500,000 July 1,1922
gold ($1,000 each).......0 5 Trustee Farmers’ Loan < Trust Co., N. Y . S T R E E T R A I L W A Y .
&
Company estimated population in 1896 at 17,000.
Bonds — the ls f consolidated of 1892 $500,000 are deposited with
Of
STOCK & Bonds—
Miles. Date. Interest.
Maturity.
the trustee to retire all the underlying mortgage bonds. The perpetual Stock, $350.000............................................. ........ Outstand’g. .................
$350,000
charters of constituent companies are kept alive, and their capital 1st M.^$300,000, gold, £ glfl 1896 6 g . m -N
300,000 1899-1916
stocks are deposited with the trustee as collateral for the first consols.
Bonds—The bonds are due $7,000 each May 1,1899-1906; $8,000.
Second mortgage 5s for $500,000 were sold in December, 1896.
1907-1915, and $172,000 in 1916; mortgage trustee is the American
D iv id e n d s —in Feb., 1899, ^ p. c.
ROAD—Connects Cincinnati, Newport, Covington, Dayton, Bellevue, Loan & Trust Company o f Boston.
COMPANY’S PROPERTY— The company Jan. 1,1897, owned: 1. Gas
Ludlow, Bromley and Ft. Thomas. Total in operation in May, 1897,56
works operated under special charter and a perpetual franchise. 2.
m iles; laid with 80 Johnston girder and 72-pound “ T ” rails.
A n n u a l R e p o r t — Earnings for years ending Deo. 31, w ere: 1898, An electric-light plant is operated under a 99-year franchise, with
gross, $681,672; net, $379,471; charges, $318,144; bal., surplus, $61,- capacity of 10,000incandescent and400 arc lights, with dynamos for fur
nishing power to street railway. 3. The entire street railway system
327. In 1897, gross, $638,437; net, $211,197.
OFFICERS—(Elected February, iSgo.)—President, James C. Ernst; of the city, 8*3 miles of track, “ nearly all laid in brick pavement
running to three parks, the fair grounds, cemetery and railway
Secretary and Treasurer, George M. Abbott.—V. 66, p. 7 0 6 .
STREET
depots.” Equipped within four years with 50 and 60 lb. Johnson T
rails, with 13 motor cars (general electric) and 3 trailers.
E a r n in g s — From January 1 to June 30, 6 months, in 1898, gross,
$53,008; net, $23,929; in 1897, gross, $50,831. Earnings for years
ending April 30 were as follow s:
,
Net
^
Tear ending April 30—
1897.
' 1896.
1897.
’ 1896.
G a s .................................... $18,771
$18,097
$7,514
$6,751
Electric Light.................. 54,726
47,876
29,974
24,971
Street Railway................. 28,735
29,036
7,561
8,502
Total............................$102,232
$95,009
$45,049
Taxes and insurance.................................................... $3,304
Interest on bonds.......................................................... 18,000
$40,224
$2,440
18,000
Balance, surplus, for year....................................$23,745
$19,784
OFFICERS—President, F. W. Penwell; Vice-President, A. C. Daniel;
Sec.,Treas., Gen. Man. and Purch. A gt.,E. X. Leseure.—V. 65, p. 1114.
D A V E N P O R T , IO W A .
35
RAILWAYS.
STOCK & Bonds— Date. Interest. Outstanding.
Last div.
Stock (par $100)..................
....
$250,000
Dec.31,’98,1%
1st mtge. $250,000 ( 1896 5g. J-J.
250.000
July 1,1916
g. ($1,000) ass..o* <Interest at Finance Co. of Penna., Phila., trustee.
^ ^ .O O O ^ a r iy ?
-•
6« M-S5° . ° 00
Mar. 1 ,1913
Road—Dayton to Miamisburg, Ohio, 11 ig miles of road; second track,
1^4 miles; rails, 60 and 70 lbs. Connects at Miamisburg with Cincin
nati & Miami Traction for Hamilton, Ohio.
OFFICERS—
President, John McMahon; Secretary, J. S. McMahon,
Treasurer, W. A . Stern.—V. 66, p. 1237.
D A Y T O N & W E S T E R N T R A C T I O N —Trolley road.
Said to have been acquired by City Railway Company of Dayton.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock, $400,000 (par $100).............
A.-O.
$400.000
....
.
1stM .,$400,000, g., ($1,000 < 1898 5g. A.-O.
400,000 A p r .l,1923
each), not subj. to call..o* ( Int. at Central Trust Co., N. Y., Trustee.
ROAD—Dayton, Ohio, to Eaton, 25 miles, operated from June 26,
1898. July, 1898 (1 mo.), gross, $6,364; net, $3,790.—V. 66, p. 708.
P opu la t io n 1890 w a s 26,872; in 1880 w a s 21,831;
D A Y T O N & X E N I A T R A C T I O N —To be troUey.
and in 1870 w a s 20.038.
O r g a n iz a t io n —Incorporated in 1898 to build a 16-mile road b e
R A I L W A Y —A trolley road.
tween Dayton & Xenia. There will be 3-70 miles of double track in
O r g a n iz a t io n — Incorporated in September, 1895. In Oct., 1898, a Dayton and one mile of double track in Xenia. Owns private right of
controlling interest was acquired by a syndicate of Davenport, Rook way the entire distance between the two cities, following the highway;
Island and Moline, la., men, who, it was said, would make extensive and franchises for independent lines in two cities have been obtained.
improvements. V. 67, p. 802. On April 15,1899, bought the Moline Construction begun in 1898, and expected to be completed early in
Central Street Railway of Moline, 111. To make this purchase the 1899. Stock authorized, $300,000; bonds $300,000 25-year gold 5s.
Tri-City issued $64,000 new stock, making total stock outstanding
In 1899, was reported to have purchased the Dayton Spring Valley
$504,000. The Moline Central had $48,000 bonds outstanding, of & Wilmington Electric.
which the Tri-City bought $37,000 at par, and is trying to obtain the
President, Clement J. Ferneding; Treasurer, Philip A. Kemper
other $11,000 and retire the whole issue.
General Manager, J. M. Wilson, Dayton, Ohio.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity
Stock ($600,000 auth.)....................................... $504,000
..................
H O M E A V E N U E R A I L R O A D - A steamroad.
f 1891 6 g J - J
630,000 July 1,1901
Dav. & R. I., 1st M., gold..c* J
(Part due yearly) to July 1,1911
Road—Operates 3 miles of track in city of Dayton extending to Na
$1,000,000($500&$1,000) |Int. payable inN. Y.atChaseNat. B’kand tional Military Home. Leased to Cincinnati Hamilton & Dayton RR.
| in Chicago at 111. Tr. & Sav. Bk., Trustee
(lease renewed in 1897) for 3 per cent on the $100,000 oapital stock
Road—Owns 46 miles of trolley road and one mile of horse road,
par of shares $50. No indebtedness. President, W. P. Callahan.
comprising all the street railways in the cities of Davenport, Iowa,
and Rook Island and Moline, 111.—combined population over 70,000.
O A K W O O D S T R E E T R A I L W A Y —A trolley road.
EARNINGS—For year ending Sept. 30, 1897, gross, $205,159; net,
ORGANIZATION—Franchise runs for fifty years from July 10,1891,
$66,672; other income, $4,340; interest and taxes, $44,183; balanoe, first franchise granted March 17,1871. Owns 5 miles of double track.
surplus for year, $26,829.
Capital stock, $300,000. par, $50; and in November, 1897, there was no
OFFICERS—President (Oct. ’98), Edward E. Cook, D avenport; Sec., mortgage on the property. President, Charles B.JClegg; Vice-Pyesident,
Treas. and Purch. Agent, J. F. Lardner, Davenport, la.—V. 67, p. 802
A. L. Stout; Secretary, V. Winters.
T R I-C IT Y
P E O P L E ’S ST R E E T
D A Y T O N , O H IO .
P opu la t io n 1890 w a s 61,220; in 1880 w a s 38,678;
and IN 1870 WAS 30.473.
C I N C I N N A T I H A M IL T O N
T R A C T IO N CO. — steam motor road.
A
&
DAYTON
O r g a n iz a t io n —Operates a rapid transit line, Hamilton to Middletown, with steam motors, for Cincinnati Hamilton & Dayton R y.—V
64, p. 82.
C ITY R A I L W A Y
C O . - A trolley road.
O r g a n iz a t io n — Franchises run for 50 years from Feb. 8,1892, and
April 19,1893. In January, 1899, reported to have obtained control
o f the Dayton & Western Traotion Co. Consolidation of a number o f
Dayton lines was said to be under consideration.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity
Com. stock, $1,500,000 ($100).............. 5 p. o. $1,470,600 See text.
Pref. stock, $600,000 ($100).............. 6 p. o.
600,000
do do
Dayton & Soldiers’ H om e)
1891
6 J -J
65,000 Jan.1,’ 11
RR. 1st mortgage........ > Interest at Chemical Nat. Bank,N. Y. City.
Dividends—In 1897 there had been paid on preferred 6 per cent and
on common 5 per cent for several years.
ROAD— Operates in all 26 miles of track, comprising 13 miles of double
track on Third Street, Fifth Street, Huffman Avenue, etc. In Jan.,
1899, extension from Dayton & Westen line at Eaton to Richmond,
Ind., reported to be proposed.
OFFICERS—President, D. B. Corwin; Secretary, Valentine Winters.
D A Y T O N SP R IN G F IE L D & U R B A N A E L E C
T R IC R A IL W A Y -T o be a trolley road. Incorporated to
construct a road from Dayton to Springfield and Urbana, 38 miles. In
1899, under construction between Dayton and Springfield, 26 miles
and expected to be ready June 15 ; rest of line Sept. 1.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity.
Stock, $750,000............................................
(1)
..........
1st M. ($750,000), gold, i 1898 5 g, M-N
(?)
Nov. 1,1928
$1,000, no option___) Int. at Continental Tr. Co., N. Y., Trustee.
Prest., Fred. Colburn, Springfield, O.; Seo., J. G. Webb.—V. 68, p. 330.
R A I L W A Y . - A trolley road.
O rganization—A consolidation in June, 1896. Riverdale to Soldiers’
Home, 6*1 miles double track (old White Line), andón Wayne A v e .,
etc., 3*6 miles double track; total, 9*7 miles of double track.
Date. Interest. Outstanding. Maturity.
S tock and Bonds—
Stock, $1,100,000, $100.. .......................... $1,100,000 ......................
1st mort., $500,000, gold ,' 1897 5 g J - J
450,000 Jan. 1, 1927
($200) redeemable after
Jan. 1 ,1 9 0 2 .......... ....... ; Trustee Union Sav. Bk. & Tr., Cincinnati, O.
President, John A. McMahon.—V. 62, p. 1140.
X E N I A R A P ID T R A N S I T . —To be an electric road.
Proposes to construct an electric road between Dayton and Xenia. In
1899 filed a mortgage for $300,000 to the Fidelity Insurance Trust
& Safe Deposit Co. of Philadelphia.—V. 63, p. 431.
D E C A T U R , IL L .
P opu la t io n 1890 w a s 16,841; in 1880 w a s 9,547;
in 1870 w a s 7,161, and in 1898 ( estim a ted ), 28,000.
C I T Y E L E C T R I C R A I L W A Y - A trolley road.
Franchise runs till 1911. On
Jan. 18,1899, W. L. Shellabarger, Secretary, was appointed receiver.
STOCK & Bonds—
Date. Interest. Outstand'g Maturity.
Stock ($300,000 authorized).............................. $175,000 .....................
Preferred stock..................................
text.
125,000 Sept., 1895
1st M. ($175,000 authorized)) 1892 6g. M-S
175,000 Moh. 1,1912
gold, $500, no option....... 5 Interest in default.
Road—13 miles of trolley track.—V. 68, p. 129.
ORGANIZATION —Chartered in 1891.
D E N V E R , COL.
P o pu la t io n 1890 w a s 106,713; in 1880 w a s 85,629;
AND IN 1870 w a s 4,749.
D E N V E R C ITY
TRAM WAY
C O M P A N Y .—
Electrio, cable and horse.
ORGANIZATION.—Consolidation in March, 1899, per plan in V. 67, p.
1262, of the Denver City RR. and the West End Street RR. (both sold
under foreclosure on Dec. 15, 1898), with the Denver Consolidated
Tramway. V. 68, p. 281, 473.
D A Y T O N S P R IN G V A L L E Y A N D W I L
Interest. Outstand'g.
Sto
Maturity.
M IN G T O N T R A N S IT —To be a trolley road. Projeotedfrom Stock c k a n d B o n d s — Date.
$5,000,000.....................
$5,000,000
Dayton, via Bellbrook and Spring Valley to Wilmington, 34 miles Denver Tramway 1st, g.1888
6 g. J.-J.
498.000 July 1,1908
Consol. M., gold..c*<fer.1890
6 g. J.-J.
1,219,000 Jan. 1,1 91 0
Considerable grading had, in 1898, been done between Dayton and
RR. 1st, g o ld ...1891
6 g. J.-J.
953.000 Jan, 1,1911
Bellbrook. It is said to have been purchased by the Dayton & Xenia Met. St. Con. Tram way) 1893
Denver
5 g. A.-O. a 1.167,000 Oct, 1,1933
. . .
. ..
Traction.
Con.M.,$4,000,000, g $ Interest at Mercantile Trust Co., N. Y ,, trustee.
Collateral trust notes... 1896
6 p. c.
$276,000 Oct. 1.1 90 0
Purchase money mort. ( 1899 5 g. A.-O.
1,486,000 Apr, 1919
D A Y T O N T R A C T I O N —A troUey road.
gold, $2,000,000— )
Central Trust Co. to be Trustee,
O r g a n iz a t io n , E t c . —Incorporated in 1893.
The Cincinnati &
Including
to
Miami Valley Traotion Co. (*ee Hamilton, Ohio,) operates from Miamis beaturned into$417,000 held as collateral for $276,000 trust notes, be
treasury on payment of latter; no more bonds can
burg to Hamilton, 26 miles, and has leased Dayton Traction, thus issued under this mortgage.
ferming a through line from Dayton to Hamilton. Lease runs for
The new mortgage is a first lien on the Denver City and West End
999 years, from April 18, 1898, guaranteeing dividends at 2*a per properties and a lien on the Denver Consolidated Tramway junior
cent per annum to Jan. 1, 1899, then 3*a per cent to Jan. 1 ,1900, to its existing mortgages, to remain outstanding and be assumed; in
thereafter increasing under certain contingencies *2 per cent per an terest began to run three months from the date when the new comnum up to 6 per cent, and to be 6 per cent without qualification after pany obtained possession of the properties of the three companies.
Jan. 1,1905; also interest on $250,000 1st 5s and principal and inter Of the new 5s, $514,000 w ill be retained by the new company for a
est of $50,000 debenture 6s assumed.—V. 66, p. 1237.
new powerhouse of sufficient capacity to operate the combined prop-
36
STREET
RAILWAYS
O fficers—President, J. 8. Polk; Secretary, A. G. Maish; Treasurer
erties and to properly equip electrically the present Denver City RR.
and generally improve the respective properties. Abstract of Den and General Manager, Geo. B. Hippee; Superintendent, W. G. Owens.
ver Consolidated Tramway consol. M. of 1896. V. 52, p. 354.
Roa D—Owns about 152 miles of track, of whloh electric lines, 118
D E T R O IT , M IC H .
miles; cable lines, 30 m.; horse car lines, 4 m.
EARNINGS—The combined properties earned $1,147,151 gross in
P o pu latio n 1890 w a s 205,876; in 1880 w a s 116,340;
1898.
AND in 1870 WAS 79,577.
OFFICERS—President, Rodney Curtis; Vice-President, Wm. N. Byers;
C H IC A G O D E T R O IT & TO LEDO R R .
Secretary, Wm. G. Evans; Treasurer, George E. Ross-Lewin.—V. 67,
O r g a n iz a t io n — Projected trolley road. Incorporated April 23,1898,
P 1262; V. 68, p. 281, 473.
.
to build a line from Detroit south to Toledo, O., 60 miles. In June,
D E N V E R C IT Y R A IL R O A D — cable and horse road. 1898, it was reported that the contracts had been let for the entire
A
Sold at foreclosure Dec. 15,1898, and now part o f Denver City Tram: overhead and electrical consl ruction. Stock, $500,000. Among the
stockholders are John C. Schaffer, George D. P. Robinson, T. 8. Mor
w ay. For plan of reorganization see V. 67, p. 1262.
dant, D. E. Town, Chicago; Charles W. O’ Brien, Leopold Freund and
D E N V E R C O N SO LID ATE D T R A M W A Y Alex. E. Riepelle, o f Detroit.
N ow merged in Denver City Tramway.
. C ITIZE N S’ T R A C T IO N C O R oad—June 30,1898, owned 98'64 miles of electric railway.
ORQANIZATION —Organized in 1897, and controls all the street rail
LATEST E a r n in g s — 2 m os.,) 1 8 9 9 ...Gross, $120,242; net, $47,998
Jan. 1 to Feb. 28.
5 1 8 9 8 ...Gross, 107,602; net,
39,439 way lines in the city, viz., the Detroit Citizens’ Street Ry., the Detroit
ANNUAL R e p o r t —The report for 1897-98 was in V. 67, p. 952.
Electric Ry. and the Detroit Fort Wayne & Belle Isle Ry.
Tears ending
1897-8. 1896-7.
1896-7. 1895-6.
The city has been trying to buy all the lines in Detroit under an act
June 30—
$
$
Deduct—
$
$
Cross earnings..735,588 714,419 Inter, on bonds. .200,516 199,160 of the Michigan Legislature, but in May, 1899, negotiations were re
•Net earnings___284,031 289,024 Taxes ................ 21,236
16,702 ported to have come to a standstill, owing to differences as to terms.
Misoel. receipts. 1,976
11,687 Miscellaneous... 10,418
25,778 See Y. 68, p. 670, 926.
Total net..........286,007 300,711
Balance, surp... 53,837
59,069
DETRO IT CITIZE N S’ ST R E E T R A I L W A Y .—
( See M ap on page 3 7 .)—A trolley road.
O rganization—Chartered in 1891 and absorbed the Detroit City
_ STOCK & Bonds—
Miles. Date. Intent. Outst'dg. Maturity.
« t o o k ............................................ .......................... $150,000
Railway (incorporated May 9,1863), the Grand River Street Railway
lstM .,cu r’oy ($500 &$1,000)c* .. 1891 6 J-J 150,000 J a n .l,’ l l and the Hamtramack & Grosse Point railway companies. Also owns
FORECLOSURE—On November 1,1898, sale was ordered, no interest the entire capital stock of the Detroit Suburban Railway and Highland
Jiaving been paid since 1891.—V. 67, p. 842,1003.
Park Railway andoperates them under lease. Controlled by the
Road—Operates 10^4 miles of track in city of Denver, Col.
Citizens’ Traction Co. In Deo., 1898, the Wyandotte & Detroit River
OFFICERS—President, S. M. Perry. - V . 67, p. 1003.
Ry. was reported purchased by or in the interest of the Detroit Citi
zens’ Street Ry.
D E N V E R L A K E W O O D & G O L D E N R A IL
STOCK & Bonds— Miles. Date. Interest. Outstand'g. Maturity.
R O A D .— trolley road and steam road. Receiver Borst is in Stock............................................................
A
$1,250,000 .....................
«harge of the property. Part of road was sold for taxes Nov. 1 ,1 89 4 , Detroit City Ry. bonds ____ 1890
IT J - J 1,000,000
Jan. 1,1900
ITInterest 5 p. c., but 6 p. c. paid for option to retire before maturity.
but suit to declare such sale illegal and void was pending in Dec., 1898.
Grand River Ry. bond ____ 1890
{ J - J 150,000 Jan. 1.1900
«took ,p a r ($100), $1,000,000 f.p.; first mortgage 6s of 1890, $627,000 ;
{ Interest 5 p. c., but 6 p. c. paid for option of retiring before maturity
Trustee, Farmers’ Loan & Trust Co., New York. Embraces 27 miles of Detroit Citizens’Street ) ____ 1891 5 A - O
1,100,000 Oct. 1,1901
M., $3,000,000........ >Trustee, Washington Trust Co., N. Y. City.
track, o f which 22 miles are steam, Denver to Ralston, and 5 trolley,
).... 1895 5g. J-J
Denver to Barnum. Year 1897-8, gross, $32,862; net, $4,314, against IstCon.M., $ 7 ,0 0 0 ,0 0 0 Trustee, N. Y. Security 4,335,000 July 1,1905
& Trust Co., N. Y.
($1,000) gold........ * c >
$5,190 in 1896-7. President, Samuel Newhouse.—V. 63, p. 228.
Guaranteed under terms of lease:—
Detroit Suburban R y ,> ____ 1892
5 M - N 275,000
Nov. 1,1902
1st M. $400,000.......>Trustee. Union Trust Co., Detroit.
D E N V E R & W E S T M IN S T E R R Y .— Trolley road.
Highland Park R y .... ) ____ 1893 5 J - J
140,000 Jan. 1,1908
O rganization—Said to operate 18 miles of track. Stock, $1,000,000>
1st M. $250,000.......>Trustee, Union Trust Co., Detroit.
bonds, (?). President, H. J. Mayham; Secretary, J. Downing.
Bands—The consolidated mortgage is for $7,000,000 of gold bonds;
$2,665,000 are held by N. Y. Security & Trust Co., trustee, to redeem
M U N IC IP A L T R A C T IO N COMPANY.-Incorporated in1899 w a capital of
ith
$1,000,000 to build street railroads outstanding bonds of like amount. The total outstanding bonded in
In D
enver in opposition to the existing lines recently consolidated. debtedness of the company on Jan. 1,1898, including the bonds o f all
roads owned or controlled by it, was $7,000,000.
ROAD—Operates 105 miles o f track.
t h i r t y -f o u r t h : a v e n u e
R A I L W A Y .EARNINGS—4 months,) 1899.............. Gross, $393,152; net, $178,846
Road—Embraces 1 ^ miles of track on 34th Street between Colorado
Jan. 1 to Apr. 30. >1898..............Gross, 355,848; net, 163,193
Boulevard and Stout St. “ Just pays expenses. No debt.” Operated
Years ending Dec.30:
dross.
Net.
Charges.
B al.,sur.
n interest o f the N. D. C. Hill Land Co. President, J. Cook, Jr.
1 8 9 8 .............................$1,196,487
$584,893
..................................
1 8 9 7 ............................ 1,102,249
536,901
$350,000
$186,901
1 8 9 6 ............................ 1,040,545
437,739
..................................
D E R B Y, CONN.
O fficers—President, Tom. L. Johnson; Vice-President and Treasurer,
P opulation . 1890 was 5,969; in 1880 was 11,650:
J. C. Hutchins; Secy., A. E. Peters.—V. 63, p. 116; V. 64, p. 82; V. 68,
and in 1870 was 8.020.
p. 670, 926.
D E R B Y ST R E E T R A I L W A Y — A trolley road.
ORGANIZATION—Chartered in April, 1888. Population of Derby and
D E TR O IT E L E C T R IC R Y .- (See Map page 37 .)
Ansonia together was 16,310 in 1890.
ORGANIZATION—Successor in August, 1896, to the Detroit Rail
S tock & Bonds—
Date. Interest. Outstand'g. Maturity.
«took, $250,000 ($25).......................................... $150,000 ..................... way, which was incorporated under the laws of Michigan, and
1st m o rtg a g e.......................... 1894 6 A - O 150,000 Apr. 2,1914 operated under ordinances granted for thirty years from 1895 by the
Other debt June 30, 1898.................. ............
68,137 ..................... Common Council of Detroit and the Township Board of Springwells.
ROAD—Owns road 5-89 miles in length and 0-4 mile of switches.
The Detroit Electrio, the Detroit Citizens’ and also the Fort Wayne
ANNUAL R eport —For 9 months ending June 30, 1898, gross, $35,- & Belle Isle are owned by the Citizens’ Traotion Co.
■487; net, $15,400; interest and taxes, $11,406. Earnings have beenS tock AND Bonds.—
Date. Interest. Outstanding. Maturity.
Tearsend. Sept. 30. 1897.
1896. I
1897.
1896. Stock. $1,000,000 (p.$100) ...........................
$1,000,000 ..................
Aver.miles oper.
6J
4
6% |Interest paid___$11,653 $11,332 Detroit Railway—
g r o s s .................. $47,545 $55,852 Taxes.................. 2,375
2,043
lstM .,g . ($1,000) ,red.at( 1895
5g. J-D
1,800,000
1912-1924
N e t...................... 17,074
12,7911Balance.............sr.3,046 def.584
103 on Deo. 1,1898, on < Trustee, Cleveland Trust Co.; interest paid
62 miles..................o* &r. ( in New York City.
OFFICERS—Pres., H. Holton Wood, Derby; Treas., Chas. E. Clark;
Det. Elec. Con. M., $2,800,- 5 1896 5g. J-D
$1,000,000 June, 1916
8 eo., F. W. W a l l a c e . _________ _
000, gold ($l,000).c.*&r. ) Cleveland Trust Co., trustee. As to Deo.,
1897, interest, see Y. 65, p. 1219.
D E S M O IN E S , I O W A .
STOCK—Capital, $1,000,000, paid up; shares of $100 par value.
P opulation 1890 was 50,093; in 1880 was 22,408;
Bonds—First mortgage bonds for $1,800,000 have been issued on 62
and in 1870 was 12,035.
miles completed and equipped. Bonds numbered 1 to 600 mature in
order of numbers at $50,000 per annum, beginning Deo. 1, 1912
D E S M O I N E S C I T Y R A I L W A Y - A trolley road.
O rganization—A consolidation in 1893.
numbers 601 and above mature Deo. 1, 1924. There is a sinking fund
for bonds numbered 1,801 and upward. Consols for $1,800,000 are
STOCK & Bonds— Miles. Date. Interest. Outstand'g. Maturity.
S to ck ............................................................... . $1,055,000 ............... . . . . reserved to retire the first mortgage bonds as they mature.
Pf. stk,6 p.o.,non-cum.......................................
250,000 ......... .
road —System consists of two east and west cross-town lines, two
D. Mo. St. RR. lstM .,< 23 1889 6g.A -0
600,000 Oct. 1, 1899
gold, $1,000 each ... (
($25,000 due yearly) to Oct. 1, 1919 belt lines and route connecting northwesterly central and northeastern
Den Moines Snh Rv f ^ 1890 6g .J - J
300,000
Jan., 1906 portion of the city. Operates 62 miles of track with trolley.
1st m ortvale sold'
($20,000 due yearly) to Jan. 1921
LATEST EARNINGS—4 mos., ) 1899..Gross, $137,620; net, $47,991
t i m n 2 ’ g „i\ Interest at Chemical National Bank, N.Y. City.
Jan. 1 to Apr. 30.
> 1898..Gross, 129,984; net,
44,648
¡ta.uuu eacn..........c ^ Trustee; Iowa Loan & Trust, Des Moines.
EARNINGS—For year ending Deo. 31, 1898, gross, $401,179; net,
D. Mo. City Railway ( 35 1893 6g.M-N
305,000 May 1,1923
consol, mortg., $2,- < Int’est at N. w . Harris, N. Y. City; also Chicago. $134,402. In 1897, gross, $394,213; net, $128,410. In 1896, gross,
000,000, gold.......... i Trustee, Illinois Trust & Savings Bank.
$423,066; net over taxes, $136,589; int. (including 6 mos’ . int. on
Bonds—Of the consols sufficient are reserved to retire all prior bonds
consols), $115,000; bal., surplus for year, $21,589.
« s they mature, and in February, 1895 (when $283,000 consols were
OFFICERS—Pres., Albert Pack; Vice-Pres. and Treas., J. C. Hutchins;
•outstanding),it was understood that only about $50,000 remained
Sec., A. E. Peters; Gen. Man., A. B. du Pont.- V. 65, p. 1219; V. 68,
available for general purposes, the rest being reserved for extensions.
p. 670.
ROAD.—In February, 1899, was operating 40 miles of track on 31
miles of street.
D E TR O IT L A K E S H O R E & MT. C L E M E N S
Years ending Dee. 31.
Oross.
Oper. exp.
Net.
R A IL W A Y — trolley road.
A
1 8 9 8 ................................................. $254,820
$176,210
$78,610
ORGANIZATION—Chartered in 1897. Road operated from Oct. 1,1898.
1 8 9 7 ................................................. 233,080
154,783
78,297
COLFAX
AVENUE
J
E L E C T R IC — trolley road
A
MAP OF THE
Çitg Limita
jVebbrAve.
-Woodlî
Lawr
DETROIT CITIZENS STREET RAILWAY
jKosedale Ct.
iTrowbridgè^Ave.
DETROIT, MICHIGAN
A N D A L L IE D L IN E S .
City Limita
Sâncrgft^Ave^—
j
Taylor-AveT
Holbrook=Ave
SHOWING THE ENTIRE RAILWAY SYSTEM OF DETROIT.
C itizen s Lines
O th e r Lines
Seward ;
:MarstoirAve;
- al s e :
B li t r
City Limita
Lathrop:
-B u v r :
o lò a d
Bouleùarbifo, / / /
-B u v r ;
o le a d
iB u v r
p le a t
>& ***\ Jj
City i-imita
fe fe a ijn B H E O
£DuacartS
Limits f j i
'£¡¿*148
Boulevard;
s -l---- H -vo-*
-A
Ealmer»
Germ in
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ai
lo ffiaj-redn
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V
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ttm:
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Mich.
car
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SiH^ndricks St:
E xten d s
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Toledo^
^Toledo
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dams
baker
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Parli
Porter
SÌfièmétéry'MtElliott
GbS&'ii" 1¡'.Cemetery
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acffi ib St.
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Monroe;
'Champlain
jiërcûeval:
STREET
38
Interest. Outstand’g. Maturity.
S tock & Bonds—
Date.
............
$300,000
...............
Stock, $300,000 (par $100)
in f tr
non
(1897
6 k—J«— . ^eetcxt.
J
July 1, 1927
1st M., $260,000..............$ Int ftt N Y Seo & Trust Co>> n . y ., Trus.
1st con. M., $350,000, M. C 1898 Kg_ _N. See text.
M
May
($1,000 ea.),s.f.,$5 ,* Ul Int. at N. Y. Sec. & Tr. Co., N. Y.,2,1928
Trustee.
2
"
annually after 1902
Of the 1st con. 5s $260,000 have been reserved to take up the 1st 6s.
In Feb., 1899, the Co. reported that no bonds of either issue were
held by the public.
Road . - Detroit to Mt. Clemens, 17 miles; trackage within Detroit
city limits over Detroit Citizens’ Ry., 8^ m.; total operated, 25^ m.
OFFICERS—President, Merrill B. Mills; Sec., Thomas N. Fordyoe;
Treasurer, E. F. Ranney.
D E TR O IT & P O N TIA C R Y .-A
trolley road.
O r g a n iz a t io n —Chartered in 1897; successor o f Oakland Ry.
RAILWAYS,
W Y A N D O T T E & D E TR O IT R IV E R R Y Road , S ecurities, Et c .—Trolley, 10*3 miles of track, in Deo.,.
1898, reported purchased by or in the interest o f the Citizens’ Ry.
Stock authorized, $250,000; issued to Deo. 31, 1898, $200,000. In Deo.,
1898, made a mortgage to the Union Trust Co. of Detroit to secure
$425,000 20-yearbonds, dated Deo. 1, 1898, of whloh sufficient are
reserved to retire the outstanding $200,000 bonds, maturing 1903;
balance for improvements. For year ending Deo. 31, 1895, gross,
$35,407; net, $12,725.
OFFICERS—President, Chas. M. Sw ift; Secretary & Treasurer, R. J.
McKinney; General Manager and Pur. Agent, S. Hendne.
D IG H T O N , M A S S .
P opu la t io n in 1890 w a s 1,889; in 1880 w as 1,791;
and in 1870 w a s 1.817.
First mortgage is for $500,000 of 5 per cent gold bonds of 1897, due
DIGHTON SOMERSET & SW A N SE A
Feb. 1, 1922, (trustee, Washington Trust Co., New York), of which
A
$300,000 for debts and the extension of its lines from the present ST R E E T R A I L W A Y .— trolley road. In May, 1899, be
erminus at Birmingham, Oakland Co., Mich., to Pontiac, balance for came part of a combination embracing the roads in Eastern Massa
double track or enlarging power house, 19 miles; all issued. Stock, chusetts. See Massachusetts Electrical Companies under Lawrence,
$500,000; all outstanding. Pres., Geo. Hendrie; Sec. and Treas., Strat Mass.
STOCK & Bonds—
Date. Interest. Outstand’g
Last Div.
hearn Hendrie. Office, Hammond Building, Detroit.
Stock, $175,000 (par $100)............................. $175,000 1896-97 5 p.C.
1st M.,$l 25,0d0, gold,s.f.,) 1896 5 g. J-D
125,000 Dec. 1 ,1 9 1 5
D E TR O IT Y P S IL A N T I & A N N A R B O R R e
($1,000), red. 105 after £ Interest at International Trust Co., Boston,
June 1, 1901................ r ) Trustee. Sinking fund is $3,000 a year.
organization —Organized in 1897 to build a road from Addison
Ave. in Springwells to the Michigan Central Depot in Ann Arbor.
On June 30,1898, loans and notes payable were $33,250.
Has trackage over Detroit Electric in Springwells and Detroit Citi
Owns 12*76 miles of track ; trackage, 4-60; total, 17'37.
Gross earnings for je a r ending September 30, 1898,61,569; net,
zens in Detroit. In 1898 absorbed Ann Arbor & Ypsilanti El. Ry.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity. $17,591; income from park, $2,623; charges, interest, $7,991; taxes,
Stock, com. ($400,000)...............................
$400,000
..................
$2,049; maintenance of park, $12,354; deficit for year, $2,180.
1st M. ($600,000), g. ($500) 1897 6g.M-N
600,000 Nov. 1,1917
or $1,000 each).............5 Interest at Union Trust Co.,Detroit, trustee.
^ ^ S O O ^ ^ O O ^ a o h V ^ 1899 e«-F“ A100,000
Feb. 1,1924
s i an’ly 1,WU eaoû' ’ £ Interest at Union Trust Co. .Detroit, trustee
Of the consols, $600,000 are reserved to retire the 1 st 6s, $100,000
have been issued for improvements and $300,000 are reserved for
future improvements.—V. 68, p. 282.
ROAD—Completed and operated to Ann Arbor June 1 , 1898, making
total operated, 43 miles. President, James D. Hawks; Seo’y, F. A.
Hinohman. Office, Union Trust Building, Detroit.—V. 68, p. 282.
D E TR O IT P L Y M O U T H & N O R T H V IL L E
R.Y-.— be a trolley road. Chartered in 1898 to build an electric
To
road from Detroit through Wayne (there connecting with the Det. Y.
& Ann Arbor Ry.) and other towns and villages in Wayne County.
Wayne to Northville, 15 miles, operated from April, 1899.
STOCK AND Bonds—
Date. Interest. OuUt’ng. Maturity.
Stock, $150,000......................................
Jan.
150,000
............
1st M., gold, $150,000 ($100 S1898 6 g. M.-N.
(?) May 1.1918
and $500 each) s.f. an’ly .*..0 ( Int. at Union Tr. Co., Detroit, Trus.
OFFICERS—Pres., Chas. W. Casgrain; Treas., John A. Russell; Seo.
H. P. Wickham.—Y. 67, p. 274.
D E TR O IT FO R T W A Y N E & B E L L E I S L E O rganization—Successor in 1898 to the Fort Wayne & Belle Isle.
Controlled by Citizens’ Traction Co.
STOCK & Bonds—
Date.
Interest. Outstanding. Maturitg
Stock, par $ 1 0 0 ............................................... $1,200,000 .............
1st M .,g., $1,200,000..o 1898
5g. A-O
1,200,000 Apr. 1,1927
New mortgage (N.Y. Security & Trust Co., trustee), is for $1,200,000,
o f which $345,000 were issued to retire old 1st 6s on Apr. 1,1899.
Y. 68, p. 524.
Road—25 miles o f trolley track.
LATEST Earnings—4 months, ) 1899_ Gross, $60,284; net, $22,974
_
Jan. 1 to April 30—
( 1 8 9 8....Gross, 57,174; net, 21,388
EARNINGS—For the year 1898 gross, $184,228; net, $74,439.
OFFICERS—President, J. C. Hutchins; Sec’y, A. E. Peters. V. 66,p.856.
Y. 68, p. 524.
T H E R A P ID R A I L W A Y .— trolley road.
A
ORGAN IZATION—Chartered March 1,1894. Constructed and equipped
on steam railroad standard for purpose of making high speed. By
agreement between this company and the Citizens’ Street Railway
Company, through cars are run between Mt. Clemens and the business
centre of Detroit. Road was opened for business July 14,1895. In
1898 the Rapid Railroad was organized to build an extension from Mt.
Clemens to Port Huron, Mich., 40 miles. See statement of that com
pany below.
In Feb., 1899, acquired the Mt. Clemens & Marine
City Co.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
$250,000 f.p.......................
Stock, p a r $100..............................................
1st mortgage, $300,000, (1895
5 g. M-S
300,000
Mar. 1,1915
gold ($1,000)............o*\ Int. at Finance Co. of Penna., Phila., Trustee.
Consolidated mortgage, j 1896
5 M-N
See text...........................
$600,000.......................( Int. at Finance Co. of Penna., Phila., Trustee^
The first mortgage covers the entire property and franchises, in
cluding fire-proof power and car houses. Of the consol, mortgage
bonds of 1896, $300,000 are reserved to take up the firsts, and the
balance is being issued for extensions and improvements.
ROAD—Detroit to Mt. Clemens, Mich., 17 miles o f track. Extensions
and additions were contemplated in Jan., 1899.
EARNINGS—Eor year ending July 31,1898, gross, $76,776; net, $41 ,882; interest, $15,000; balance, surplus, $26,882.
President, Cornelius J. Reilly; Treas., Charles M. Swift.—V. 63, p. 602.
RAPID RAILROAD—To be a trolley road.
ORGANIZATION.—Incorporated in 1898 to build an extension of the
Rapid Railway from Mt. Clemens to Port Huron, Mioh., 40 miles, via
St. Clair Flats, Algonao, Marine City and St. Clair. The connection
with St. Clair Flats, a favorite summer resort, now accessible only
b y boat, will be by bridge and embankment across Anchor Bay, for
which the U. S. War Department has issued a permit. Stock, $1,000,000.
OFFICERS—President, C. J. R eilly; Treasurer, Charles M. Swift.
D O V E R , N. H.
P o pu la t io n 1890 w a s 12,790; in 1880 w as 11,687;
AND
1870 was 9,294.
R Y . - A trolley road.
ORGANIZATION—Reorganization in 1897 of Union St. Ry., foreclosed.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity*
Stock, $100,000.......................... ..............
$100,000
..................
IstM ., $100,000, gold.. 1897
5 g.
50,000 Feb. 15,1917
Road—Owns road 8 miles long, parallelling a steam road and con
necting Dover with Somersworth. For year ending June 30,1898, gross
earnings, $34,846. President, Sumner Wallace; Treasurer, Harry
Hough.—V. 62, p. 1140.
in
U NION E L E C T R IC
DUBUQUE, IO W A .
P o pu latio n 1890 w a s 30,311; in 1880 w a s 22,254;
an d in
1870
w as
18,434.
D U B U Q U E L IG H T & T R A C T IO N CO.~
ORGAN IZATION—On December 1,1894, placed in hands o f receivers»
Sale was ordered for March 6,1899 (Yol. 68, p. 84), but afterwards
postponed. All the stock and bonds reported purchased by the Gen*
eral Electric Co. Scheme thought to be on foot to unite all the lines in
Dubuque. Stock, $600,000, (par $100); 1st mort. 6s of 1893, $385,000, in default. Trustee, Old Colony Trust Co., Boston, k e o e m r ,
Horace Torbert.
Road—Operates 10*2 miles of track in the city of Dubuque, Iow a,
extending to West Dubuque and to Stewart Park.
DUBUQUE
ST R E E T
R A I L W A Y - A trolley road.
O r g a n iz a t io n — Incorporated April 25,1890.
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity
Stock, $500,000............................................. ...
$375,000
........ - - - •
1st con. M.for $250,000,gold.o* 1891 6g. J-J Feb.’98, none Jn.1,1911
Trustee, Hlinois Trust & Savings Bank, Chicago.
R o ad —Owns 15 miles of track on 9 miles of street.
OFFICERS— President,C. Rhomberg; Secretary, C. H. Meyer; V icePresident and Superintendent, J. H. Rhomberg.
D U L U T H , M IN N .
P o pu la t io n 1890 w a s 33,115; in 1880 w a s 3,483;
an d IN 1870 w a s 3,131.
D U L U T H ST R E E T R A I L W A Y - A trolley road.
ORGANIZATION —Organized under act of Minnesota approved Nov. 17,
1881, and possesses “ an exclusive franchise,” doing the entire street
railway traffic of the city. Thomson-Houston system. 60 lb. T and 45
lb. girder rails. The Duluth St. Ry. has the right to purchase the
Lakeside St. Ry. (which is now operated) at any time for cost. Popula
tion in 1895, by local census, was over 60,000. The Duluth-Superior
Bridge at West Superior is used by the railway, but is a separate cor
poration, and has issued first mortgage bonds for $650,000 and second
mortgage bonds for $300,000—see bridge items, V. 63, p. 310, 504.
S t o c k & B onds—
Date. Interest. Outstand’g. Maturity•
Capital stock.................................................... $2,000,000 ....................
July, 1898, int. in default.
1st consol, mortgage............. 1890 6 J -J
100,000 Jan. 1, 1920
< 1890 5 J -J
900,000 Jan. 1, 192G
do
do
(Jan., 1899, interest in default.
'
------------Consol, mortgage, gold.......> 1894 5 g J-J
1,039,000 July 1,1924
$2,500,000 ($1,000)___c* 5 Jan., 1898, int. in default.
The consol, mortgage of 1894 is for $2,500,000, of whioh $1,000,000
reserved for prior liens and $500,000 held in trust for future better
ments and extensions.
RECEIVER -In July, 1898, President L. Mendenhall was appointed
receiver preparatory, it was said, to reorganization. V. 67, p. 73.
road —S ystem .—The system embraces 28*84 miles of single track
surface and l 1 miles elevated incline road; whole road is double«
tracked; also operates 13*4 miles (see below) for land companies. Se&
Duluth-Superior Bridge items, V. 63, p. 310, 504. Operated for land
STREET
39
RAILWAYS.
■companies : Lakeside St. By., 7*44 miles o f track, and Motor Line
Improvem ent Co., 5-96 miles o f track.
L atest Earnings, 8 mos.,> 1 8 9 8-9 ....Gross. $145,333; net, $68,460
July 1 to Feb. 28.
5 1 8 9 7 -8 ....Gross, 135,765; net, 66,132
Earnings—12 month« (1 8 9 7 -8 .... Gross, $201,«40; net, $98,421
1 July 1 to June 30 8’ 1 1896 -7 .... Gross, 202,031; net, 91,876
1
y w ju n e d u .
( 1895_6 .... Gross, 219,927; net, 120,865
OFFICERS—President, L. Mendenhall; Secretary and Treasurer, T. W.
Hoopes; Gen. Manager and Purchasing Agent, H. Warren. V. 66, p. 7 3.
STOCK & BONDS— Miles. Date. Interest. Outsland’g. Last Div.,&c
8tock, par, $50.................................................. $300,000
See text.
11*3 1892 5 A -0
300,000
1922
1st mort., i $300,000,
Subject H) call at 103 and int. in j . a a ,
_ fo n n .iin n
D u u jr n to e a u a i iu o a u u m u m 1897
g.,$200&$500.o&r £ jnterest payable at Easton Trust Co.. Trustee.
Deben., $150,000...
17,500
A-O
Leased Lines—
1947
Pa. Motor Co. Lst M.,
60,000
3 1887 6 A-O
Easton & Bethlehem > 4-1 ........
60,000
6
Transit Co. Bonds s
On June 30,1898, loans payable were $89,900.
Dividends—For 1895-96, 3 p. o.; for 1896-97, 3 p. c.; for 1897-8, nil.
—Horse roadRoad—On June 30, 1898, track 19^ miles, including:
O rganization—Chartered in 1887; franchise runs till 1937, with
Miles. I Leased Lines—
Miles'
exclusive rights on Minnesota Point, 6 miles. In April, 1897, the
in
|Pennsylvania M otor............... 3
com pany made an assignment to Paul Sharvy, being unable to pay a Track owned ow fee.................. 9 |Easton & Bethlehem Transit. 3
Entire stock
ned:
note o f $6,700. Stock, $51,000 paid in full and $6,720 of 40 per cent
Phillips., N.J.,Horse Car Co. 2*3 |Weygadt Mt. BB..................... 2
,paid. No mortgages, but a small floating debt. Owns 3 ^ miles of
For year ending June 30,1898, gross, $125,186; net, $45,169; taxes.
«ingle track and *3 mile of sidings; 24 lb.T rails; 16 horses.
$3,350; interest, $21,355; rentals, etc., $9,470.
OFFICERS—President, Howard Binek; Secretary and Treasurer, A .
M O TO R L IN E IM P R O V E M E N T .— trolley road. D. Chidsey; General Superintendent, A. C. Bodenbough. V. 68, p. 524,
A
O rganization—Chartered in 1890 for 30 years as a real estate eom- 670.
¡pany and only uses its road, which is operated by the Duluth Street
Bailway Company on a mileage basis, to reach its property.
E A ST O N P A L M E R & B E T H L E H E M E L E C
STOCK—Has an authorized capital of $300,000; par, $100, of which T R IC R Y .—
In May purchased by the Easton Consolidated Electric.
$150,000, full paid, is outstanding. First mortgage 7s of 1892, gold
ORGANIZATION—Chartered in 1898. Trolley line 11 miles from
c*; authorized $200,000 ; issued $192,000. Interest is in default and
mortgage has been foreclosed. Bonds cover road and 4,000 acres Easton via Butztown, Farmersville and Altonah, of which 6*3 miles
o f land. Trustee, A. B. Macfarlane. Road —Owned 5-96 miles o f track. on private right of way; opened Nov. 6,1898. Owns 10 acre park at
OFFICERS—President, G. G. Hartley; Vice-President, J. D. Strykei; Farmersville. Stock, $100,000 common and $100,000 6 per cent pre
ferred; all outstanding; par o f each, $50. Bonds, $200,000 1st 20-year
Secretary, T. W. H oopes; Treasurer. A. B. Macfarlane.
gold 5s, all outstanding, due Deo. 31,1918. int. J&J, at United States
Mortgage & Trust Co., New York, trustee. President, M. P. McGrath,
Treas., Wesley L. Kendall, Worcester, Mass.—V. 68, p. 976.
M IN N E S O T A POINT ST R E E T R Y
EAST
L IV E R P O O L ,
O H IO .
P opu la t io n 1890 w a s 10,956; 1880 w a s 5,568;
and in
E A ST
1870
w as
2.105.
L IV E R P O O L R A I L W A Y .-A
trolley road.
O rganization .—A reorganization in May, 1897, of the East Liver
pool & Wellsville Street BB., sold by sheriff. In 1898 population of
East Liverpool was said to be 14,000 and of Wellsville 7,000.
STOCK & Bonds.—
Date Interest. Outstand'a. Maturity.
Stock, $300.000 ............................... ............ $300 000
.......
lstM .,g.,$150,000 ($500 ea.) ( ....... 5g. J -D
150.000
1917
Not subject to call.
I Int. at Boston Safe Dep.&Tr.Co.,Trustee.
1917
2d (income) M., $150,000
5 ........ 5g. Sept. $150.000
($500 each.)
( Int.afc Boston Safe Dep.-fe Tr.Co.,Trustee.
Road—Operates 9X miles of track. Pres , John B. Hoefgen.—V. 64,
4
1). 287.
E A S T ST. LO U IS, ILL.
E A U C L A IR E , W I S .
P opu la t io n 1890 w a s 17,415; in 1880 w a s 10,119;
an d in 1870 WAS 2,293.
C H IP P E W A V A L L E Y E L E C T R IC R Y STOCK & BONDS—
Date. Interest.
Outstanding. Last Div.
Stock, $200,000; par $ 1 0 0 ........ 6 J-J
$200,000
Jau.15,’ 99, 3
First M.. $200,000 gold ) 1898 6 g. A-O
200,000
Oct. 1,1918
($1,000 each) not sub.call 5 Int. at Mass. L. & Tr. Co., Boston, Trustee.
ROAD—Owns trolley roadE au Claire to Chippewa Falls, Wis., 12
miles; Eau Claire, 8 miles ; Chippewa Falls, 2 miles; total, 22 miles.
Owns 14 miles right of w ay; exclusive 30 years franchise at Chip
pewa Falls and 30-year franchise at Eue Claire. Boad opened Sept. 2,
1898.
President, Nelson J. Wilcox, Eau Claire, Wis.; Secretary and Treas
urer. A. E. Appleyard, Boston, Mass.
P opu lat io n in 1890 w a s 15,169; in 1880 was 9,185;
and in
1870
w as
5,644.
E A ST ST. LO U IS E L E C T R IC S T R E E T R R .
STOCK & BONDS—
Date. Interest. Outstanding.
Maturity.
•Stock paid in in 1894....................................
$336,000
............. .
1st M., $150,000, gold... $ 1891 6 g. A-O
$150,000
Apr. 1,1906
, „
c
Sub.to call since Apr. 1,1896
Consol. M. $500,000, g.. 1893 6 g. F-A
140,000
Aug. 1,1908
Interest on both loans is payable at Mississippi Valley Trust Co.,
■trustee o f both mortgages, St. Louis.
Bonds—Of the consols $150,000 are reserved to be issued on retire
m ent of first mortgage.
ROAD—Said to operate 14 miles of track. Operated from March 1,
1897, by the Terminal BB. Assn, of St. Louis, which purchased the
•entire capital stock for $210,000.
E a r n in g s — For calendar year 1898 gross, $118,652; net, $46,197;
in t.,d iv ., etc., $39,026; sur., $7,171. In 1897, gross, $95,809; net!
$31,429.
OFFICERS (Nov., 1898)—President, Julius S. Walsh: Vice-President,
E. P. Bryan; Secretary, C. K. Walsh; Treasurer, F. 0. Daab. Directors,
•Julius S. Walsh, E. P. Bryan, C. K. D. Walsh. H. D. Sexton, F. C. Daab,
James Hanna and C. T. Jones.
MISSISSIPPI V A L L E Y
R Y - T o be a trolley road.
O r g a n iz a t io n — Incorporated in 1898 to build tw o lines from East
$t. Louis through Venice, Madison, Granite City and East Alton to
Alton, 111., and from East St. Louis through Collinsville and Edwards'ville to Alton, in all 20 miles. Construction work is proposed to be
begun about Feb. 1,1899. President, Charles E. Carroll; Vioe-Pres't,
John A. Mehling, Sec. and Treas’r, August Holthaus, St. Louis, Mo.
EASTON, PA.
P o pu l a t io n 1890 w a s 14,481; in 1880 w a s 11,924;
an d in
1870
w as
10,988.
E A ST O N CO N SO LID A TE D E L E C T R IC .—
E LG IN , ILL.
P o pu la t io n 1890 w a s 17,823 ; in 1880 w a s 8,787 ;
a n d in
1870 5,441.
E L G IN C ITY C A R P E N T E R S V IL L E & A U
R O R A R A I L W A Y .-A trolley road. Also owns an electriclight plant. Population of Elgin (school census) 1896 was 22,000.
O rganization , E t c .—a consolidation in 1897.
STOCK & Bonds—
Miles. Date. Interest. Outstand’g. Div., etc.
Stock ($500,000 author’d ) ....................................... $500,000 6% i n ’97
P'1 crin f H t i r P v I n i " M n W *
i 13
1897 5 F —
A
200,000
1907
Elgin City By. 1st M ort.. | interest at Farmers’ L.& T. Co., N. Y. City.
C. E. & A. 1st mortgage...............................................
100,000 ...............
Dividends—Old companies each in 1895 paid 6 p. c.; in 1896, 6 p. o.
New company in 1897, 6 p. c.
ROAD—Owns 12 miles of track in Elgin (40 and 45-lb. T and girder
rails), and 18 miles to Dundee, Coleman, Geneva, etc. (60 and 65 lb. T
rails) ; total track, 30 miles. President, William Grote; Secretary;
A. B. Church; Treasurer, E. D. Waldron.
E L I Z A B E T H , N. J.
P opu lat io n 1890 w a s 37,764; in 1880 w a s 28,229;
AND IN 1870 WAS 20,832.
E L IZ A B E T H ST R E E T R A I L W A Y — horse road.
A
O r g a n iz a t io n —Has arranged to substitute trolley for horse
power. Stock Jan. 1, 1898, $50,000; unfunded debt, $45,241; total
cost of road and equipment, $94,268. Owns 3*3 miles of track. In
September, 1898, paid $250,000 for a franchise along Westfield Ave.
to Plainfield, the new line, 12 miles, to be equipped eleotrically and
connected with the present Elizabeth system, whioh is to be con verted into a trolley line, provided proper terms can be arranged. V.
67, p. 370. In year 1897 gross earnings, $11,061; expenses, $19,331;
balance, deficit for year, $8,269. Treasurer, J. W. Whelen.
E L M IR A , N. Y .
Organized in 1899 to own the controlling interests in the stocks of
P opu la t io n 1890 w a s 29,708 ; in 1880 w a s 20,541;
the Easton Transit Co. and the Edison Illuminating Co. of Easton, re
AND IN 1870 WAS 15,863.
cently purchased by Stern & Silverman of Philadelphia. In May,
E L M IR A & H O R S E H E A D S R Y . - M o s t l y trolley.
1899, bought the Easton Palmer & Bethlehem. Stock authorized
O rganization—In 1892 the entire $400,000 oapital stock was pur
$1,500,000; par 50, $5 paid in. Dealt in on the unlisted department
chased by the Elmira Municipal Improvement Co , whioh operated the
•of the Philadelphia Stock Exchange.
OFFICERS—President; William Hinckle Smith; Secretary, George W. gas works, electrio-light plant and water-works in Elmira, and is con
trolled by the Mutual Life Insurance Co., N. Y. V. 61, p. 749.
Norris, both of Philadelphia. V. 68, p. 524, 670, 976.
R e c e iv e r s h ip —In Dec., 1897, the Guaranty Trust Co., N . Y ., brought
E A ST O N T R A N SIT — trolley road.
A
suit to foreclose the Improvement Company’ s mortgage of 1942, under
O r g a n iz a t io n — Chartered June 30, 1892. Franchise is perpetual whioh $1,461,000 bonds were outstanding, and H. A. Murray, Treas. &
-and gives exclusive rights to operate street railway in city. The Penn Secy, of Guar. Trust Co., was made receiver of the Improvement Co.—
sylvania Motor Co. and Easton & Bethlehem Transit are leased for V. 65, p. 1071. In Deo., 1898, a reorganization committee, with George
■$3,600 each yearly, being interest on their bonds.
W. Young as Chairman, prepared a reorganization plan b y which
In 1899 purchased by Stem & Silverman o f Philadelphia and now after foreclosure, a new company, probably to be called the Elmira
•controlled by the Easton Consolidated Electric Company, which see.
Water Light & Street Ry. Co., w ill issue the follow ing securities:
STREET RAILWAYS.
40
P roposed Securities .
Date. Interest. Outstanding. Maturity.
Stock...............................................................
$1,000,000 . . . . . . . . . . .
Elmira Wat. Works 1st M..........
6
339,000
1913
New 1st M., $2,000,000 5 1899 5 g. J.-J.
1,461,000 Jan. 1,1949
gold
................... . \
Subject to call at 105 and interest.
2d M. income 4%............. 1899 ..............
1,200,000 Called at 100
Of the new 1st 5s, $339,000 reserved to retire at maturity the flr.it
mortgage bonds o f the Elmira Water Works Co., due 1913, and $200,*
000 for extensions and improvements.
Codsol. 5s will receive per $1,000 principal of old bonds, $500 n
new first 5s, $500 in incomes and $100 in new stock. Funded and
unpaid coupons will receive 100 per cent in second mortgage inoomws.
The $1,000,000 old stock is assessed 10 p ercen t and receives 10 per
cent in new first 5s and 50 per cent in new stock.
Earnings—The to e d charges of the new company will he $93,390.
The present earnings, as shown below, it is thought, will be increased.
Year.
Gross.
Net.
Taxes.
Bat. fo r ini.
......................$282,037
$119,03«
$15,481
$103,555
1898
1897.......... ................. 275,338
115,382
14,571
100,811
road —Owns 11*14 miles. Leases 4*58 miles. Total operated, 15%
miles. A ll trolley except % mile of horse road. Extension proposed
to new park to be opened in June, 1899.—V. 67, p. 1109,1207.
the Hampton & Amesbury Ry., expected to be completed to Newburyport in December, 1898, an<i in 1899 to be extended 4 miles to Ames
bury. In Nov., 1898, extension from Exeter to Epping, N. H., 7 miles,
and Hampton Beach to Rye reported to be proposed. Bonds are 5s,
interest J-J, due 1917; American Loan & Trust Co.. Boston, trustee.
In 1899 steps taken to consolidate the Exeter Street Ry., the Hamp
ton & Amesbury Street Ry. and the Rockingham Electric Co. Presi
dent, Warren Brown, Hampton Falls; C. E Hollander, Treasurer.
Boston.—V. 68, p. 379.
F A IR H A V E N ,
ORGANIZATION—In April, 1898, the Northern Ry. & Improvement
Co. became the owner of the Fairhaven & New Whatcom Railway,
which was sold at auction in April, 1897. Stock, $200,000. Bonds, au
thorized, $200,000; issued, $80,000. Old Colony Trust Co., Boston,
Trustee. Operates lS 1 miles of trolley track, including 3 miles leased
^
from the Bellingham Bay Electric Railway Co. President, S. Z.
Mitohell; Sec. and Treas., C. N. Huggins.—Y. 66, p. 810.
FALL
W E S T SIDE R A I L R O A D . —A trolley road.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
Stock, $300,000 ($100)....................................... $105,000
300,000 Oct. 1,1914
1st mortgage, g., $300,000.. 1894 5 g.A -0
Earnings—
1897 8. 1896-7
Road—8*5 miles of single track
Gross.....................$51,364 $56,421
and 0*92 mile sidings, etc.
OFFICERS—Pres’ t, C. M. Tomp Net........................ 11,557 15,443
kins; Sec., P. V. Bryan; Treas., H. Charges................ 16,878 17,322
H. Hallock.
E R IE , P A .
P opulation 1890 WAS 40,634; in 1880
AND IN 1870 was 19,646.
was
27,737;
E R IE E L E C T R IC M O TOR C O .ORGANIZATION -Chartered October 8,1888. This company leases for
999 years the Erie City Passenger Railway at 6 per cent on its stook,
having secured a controlling interest in its stock. Population in 1895
was said to be 52,000. Bills payable, etc., June 30,1898, $145,858.
STOCK & B o n d s — Miles. Date. Interest. Outst'ding. Maturity.
Stock ($700,000) ($1 0 0 ).................................. $700,000 f.p.........................
1st mort’ge ($200,000) > ___ 1889 6g. J - J 200,000
Jan. 1,1919
($1,000), gold........ c. 5 Interest at Cent. Trust Co., trustee, N. Y. City.
2d mort’ge ($150,000) { . . . . 1889 6g. J - J $150,000
Jan. 1,1919
($1,000), gold........ c . ) Interest at Cent. Trust Co., trustee, N. Y. City.
Erie City Pass’gr Ry.—
Stock (rental 6" p. c.) ................. 6 p. c. $100,000
..................
1st mortgage.................................
6 A -0
25,000
Oct. 1, 1913
Bonds—The bonds are not subject to call before maturity.
Road—On June 30,1898, was operating 21 miles of track on 18 miles
o f street, and holds perpetual trackage rights in all the city streets.
E a r n in g s —Jan. 1 to Dec. 31,1898, gross, $144,400, against $140,845 in 1897.
ANNUAL R e p o r t —For year ending June 30,1898, gross, $141,947;
net, $36,339; interest and taxes, $32,764. In year 1896-7, gross,
$140,805; net, $35,391.
OFFICERS—President, J. S. Casement, Painesville, O; Secretary and
Treasurer, J. L. Sternberg, Erie. Office, 202 State St.
E R IE R A P ID T R A N SIT S T R E E T R Y . — be a
To
trolley road. Incorporated in June, 1898, to build 20 miles of electrio
road in Erie. Stock, $300,000. In Jan., 1899, all franchises and rights
o f way were reported to have been obtained; contract to build road
awarded to Walker & Son of Philadelphia, work to begin in May. Pres
ident, E. T. Walker, Phila.; Secretary, G. D. Howell, Phila.; Treas.,
Isaac Walker, Phila.; General Manager, L. G. Chase, Erie.
W ASH
N O R T H E R N R Y . & IM P R O V E M E N T C O -
R IV E R , M A S S .
P o pu la t io n 1890 w as 74,398; in 1880 w a s 48,961;
an d IN 1870 WAS 26.766.
P opu la t io n in 1896 s a id to b e 97,318.
G L O B E ST R E E T
R A IL W
A Y —A tr o lle y ro a d .
In May, 1899, was acquired by a syndicate represented by E. RollinsMorse & Bro. and Tucker, Anthony & Co., who have organized the
Massachusetts Electrical Companies.” -S e e statement under Law
rence, Mass.
O rganization—Incorporated April 16, 1880; in 1898 purchased
the Fall River Street Ry., 2% miles.
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
See text
$700,000
See text.
Stock, $100 p a r .................... ..
l8«bi^oo A»?.i?°0’ g0ln* i Redeemable at 105 anoint.after AprU l , ’ l902.
$1,000 each............c s j*n^ payat>ie jwtrue., Mass. L. & T. Co., Bost.
Debentures,g.($1,000).o 1892 5g. J - J
550,000
July 1,1912
Debentures,g. ($l,000>.o 1894 5g. M-S
125,000
Mar. 1 ,1 9 1 0
Interest on debentures is payable in New York at N. Y. Security &
Trust Co. Loans and bills payable Sept. 30, 1898, $55,255.
Dividend—In 1894-95 paid 2 ^ p. c.; 1895-96 paid 3 p. o.; 1896-7,
2 p. o.; in 1897-H, none.
ROAD—Oct. 30,1898, owned main track 201 m iles; second track
e
8 1 ; sidings, 2 ; total track, 31 miles. Connects with the Dartmouth
,
& Westport for New Bedford, Newport & Fall River for Newport, and
with the Dighton Somerset & Swansea tor Taunton.
A nnual R e p o r t — For years ending Sept. 30 earnings w e r e ;
1897.
1898. 1
1897.
1898.
Gross earnings.$312,035 $318,339 I Dividends____ $13,000
none
Net earnings... 100,5 5 119,009 I Balance, surp..
>,-(23 $39,596
■
Int., taxes, &e.. 79,212
79,414 |Tot.sur.Sept.30 17,646
*17,241
$40,000 depreciation charged off in 1897-8.
GENERAL BALANCE SHEET SEPT. 30, 1898.
Liabilities.
Assets
Construction.................$1,62 2,483 Stock ............................. $700,000
Equipment.....................
337,179 Funded debt.................. 1,425,000
70,926
Other property.............
235,021 Unfunded debt, etc.......
17,242
Cash and current assets
lx,485 Profit and loss...............
T ota l............................ $2,213,168
T ota l............................. $2,213,16»
OFFICERS—President, Secretary and Gen. Man., R. S. Goff; Treas
urer, H. H. Read. Office. 794 North Main St.—V. 65, p. 1 0 2 2 .
F I N D L A Y , O H IO .
P opu lation 1890 WAS 18,553; in 1880 w a s 5,553;
E S C A N A B A , M ICH .
P o pu la t io n 1890 w a s 6,808; in 1880 w a s 3,860;
and IN 1870 w a s 1,370.
E S C A N A B A E L E C T R IC R Y O rganization, Et c .—a reorganization in 1898 of the Esc. Elec. St.
Ry. Improvements w ill be made and also connection at Wells with
the Soo lines. Extension is also proposed to Gladstone. Owns 4 miles
of track. In Jan., 1899, SV m ile extension reported to be proposed.
Stook, $50,000; all paid in. No bonds. For the year ending Dec. 31,
1895 (old company), gross, $5,070; def. under operating, $494. 4 mos.
ending Deo. 31,1898, gross, $2,029; net, $162. President and Man.,
A. R. Moore; Secretary, I. C. Jennings; Treasurer, Edward Erickson.
an d in
BLANCHARD
1870
w as
AVE.
4,073.
PASSENGER
RY-
Date. Interest. Outstand'g. Maturity.
1st M., $60,000 g old ........... 1892 6 g, (x) J-J $40,000 July 1,1912
x Interest is paid free of tax. Stock
(1)
Interest is payable at the Girard Life Insurance Annuity & Trust
Company, Philadelphia, the mortgage trustee.
Bonds
F IN D L A Y ST R E E T RY-— trolley and horse railw
A
ay.
ORGANIZATION—Chartered in September, 1887.
Grants are for 25
fears from 1887—rates of fare embodied in ordinance, 5 cents. Council
reserved right to charge $5 per annum per car operated. Has no
paving to do, but must keep portion between rails in repair so long as
horses are used. Said to be operated by the Northern Ohio & Lake
E V A N S V I L L E , IND.
Erie Ry. Light & Power Co.
S t o c k & B on ds—
Date. Interest. Outstanding. Maturity.
P opu la t io n 1890 w a s 50,756; in 1880 w a s 29,280;
Stook,$200,000 (par.$25) .......................... $150.000 f. p. . . . . . . . . . .
and in 1870 w a s 21,830.
1st m ort, $200,000, g old .) 1891 6 g. M -S 106,000
Mch. 1,1911
E V A N S V IL L E S T R E E T R R .— A trolley road
$1,000, not subj. to c a ll.) Int. at Cent. Tr. & S. Dep. Co., Cincinnati, O.
ORGANIZATION—Chartered in May, 1866. On Apr. 14, 1899, H. D.
Bills and accounts payable Deo. 31,1895, $38,868.
Morgan was appointed receiver. Y. 68, p. 722.
EARN N
GS—For year 1895, gross, $29,798; net, $9,490; interest, $6,STOCK & Bonds — Miles. Date. Interest. Outstand'g. Maturity.
650; balance, surplus, $2,075.
Stook......................... ; .................... ............
$500,000 ......................
R o a d —Main line 4 ^ miles double track, operated by electricity; Tiffin
1st M., $1,000,000, ( 271 1892 6g. J -J abt.850,000 Jan. 1,1922
a
Ave. and West Park line about 4 miles, operated by horses.
gold........................<Interest at Chemical National Bank, N. Y. City.
OFFICERS— President, Geo. B. Kerper; sec., Jacob Strader; Treas.,
R o a d — Owns 271 miles of trolley track. Rails 56 and 60 lbs. West
a
C. D. K inney; General Manager *nd Purchasing Agent, C. F. Smith.
inghouse system.
OFFICERS—Treasurer, Thos. S. Krutz, Mills Building, New York City.
E X E T E R , N. H.
F IS H K IL L -O N -T H E -H U D S O N , N. Y .
P o pu la t io n 1890 w a s 4,284; in 1880 w a s 3,569.
POPULATION IN 1890 WAS 3,617; IN 1880 w a s 2,503;
AND IN 1870 was 2,992.
EXETER
STREET
R A IL W A Y -—
A trolley road.
Operated since about August, 1897. In October, 1898, $50,000 new
stock was authorized for track extension; also a 10 years’ lease of
CITIZEN S ST R E E T R A I L W A Y . — A trolley road.
O r g a n iz a t io n — O
pened to traffic August
27,1892.
STREET
Stock, $75,000, par $100..$75,000
1st mortgage 6s, M&N....... 75,000
(Due 1912, optional after 1897.)
Leased Live—
Fishkill Eleo. 1st M., 6s, )
of 1895, due 1 9 1 5 ...... ( $ 10,000
Road—Owns 3 miles of single
-and *25 miles of second track.
Also operates Fishkill Electric
By., 4 miles; Fishkill stock ($50,OFFICERS —Pres,.J.T.Smith; Sec.,
RAILWAYS.
000>to receive same dividends as
Citizens.
Earn inGS—Year ending June 30
1898.
1897
G ross................ $33,934
$35,975
Net..............
10,2*6
11,330
Charges............. 8,269
9,063
none
Dividends......... none.
B alance..........sur.1,997 sur 2,i 67
S.K.Phillips; Treas.W. H.Southard
F IT C H B U R G , M A S S .
P o pu latio n 1890 w a s 22,037; in 1880 w a s 12.429;
an d in
1870
w as
11.260.
F IT C H B U R G & L E O M IN S T E R ST R E E T R Y .
ORGANIZATION—Road extends to Leominster and Lunenburg.
STOCK, Bonds Et c .—
Date. Interest. Outstand'g.
Lastdiv
Stk.(au., $500.000: par. $100) ........
8 p. c. $250,000
See earns.
1st mort. ($500) c., $150,000. 1897
5 A-O 150,000 Apr. 1, 1917
Loans and bills payable Sept. 30,1898 ........
130,000
............
DIVIDENDS— In year 1894-95, 8 p. c.; in 1895-96, 8 p. c.; in 1896-97
8 p. c.; in 1897-98, 8 p. c.
R oad—Owns 23,!>7 miles o f trolley, including 2’ 12 miles of sidings.
Earnings—For years ending Sept. 30:
1898.
1897. I
1898.
1897
G ross................ $134,3'5 $133,770 Dividends paid. .$20,000 $20,000
Net..................... 48,138
50,100 Bal., sur. for year 5,059
5,559
Int., taxes,etc.. 23,079
24,541 |Tot.sur. Sept.30. 17,662
15,289
OFFICERS—President, H. A. Willis; Vice President, H. I. Wallace
Clerk and Counsel, C. F. Baker; Treasurer, R. N. Wallis; Superintend
ent and Purchasing Agent, W. W. Sargent.
F IT C H B U R G & S U B U R B A N ST R E E T R Y 4-88 miles of trolley, extending from
Fitchbnrgto Leominster; opened 1898. Stock, $'0,000. Bonds are 5s,
due 1918, interest A-O; American I.oan & Trust Co., Boston, trustee.
Earnings for year Sept. 30, ’98, gross, $5,790; net, $2,030; interest
and taxes, $343; balance, surplus, $1,687. President, H. L. Pierce,
Leominster, Mass.
O
r g a n iz a t io n —Operates
F O R T S M IT H , A R K .
P opu la t io n 1890 w a s 11,311 ; in 1880 w a s 3,099;
AND in 1870 w a s 2,227.
FT. SM IT H TR A C TIO N , L IG H T & P O W E R O r q a n i ZATION—Incorporated in November, 1898, by Alfred N
Sicard, Ella E. Sicard, Richard C. Kerens, Charles F . Smith, J. E. Fos
T
ter, Joseph M. Hill, Samuel Me Loud and James Brizzolara, to take
over the Fort Smith Street Ry. (8'44 miles of track on 7Lj miles of
street) and transform it into an electrio system to be operated in con
junction with an electric light plant. Will be converted by July 1,
1899; light plant in operation. Stock $125 500 paid Id. Bonds $85,500. President, Samuel McLoud; Vice-President, Chas. H. Smith;
Treasurer, J. E. Foster; Secretary, A. N. Sicard.
4]
FO R T W O R T H S T R E E T
R Y . —A trolley road.
O r g a n iz a t io n — Chartered in 1894 to succeed the North Side Street
RR. Co., foreclosed Nov. 20. Stock, $200,000. Bonds, first mortgage
coupon gold 6s, dated 1896 due 1926; interest J.&.J at Mercantile
Trust Co., New York; authorized, $250,000; issued, $150,000.
Morgan Jones having purchased the City Railway o f Fort Worth,
the two roads are now operated jointly, expenses being divided be
tween them.
Road—Operates 12% miles of track. President, K. M. Van Zandt;
Vice-President, Morgan J on es; Secretary, T. A. Tidball; Gen. Man. W.
P. Quigg.—V. 68, p. 473.
G L E N W O O D & P O L Y T E C H N IC C O L L E G E
STREET R a i l w a y R eorganization, Et c .—A reorganization in 1896 of Glenwood <
fe
Polytechnic Street Ry. Electricity introduced and 6 new motor cars
purchased. The company has a 5-year lease of the Fort Worth &
Arlington Heights Street Ry., and is now reported to have purchased
the latter, Stock to be increased to $200,000; bonds, $50,000.
ROAD—Owns road 6 miles long; leased line, 6% miles; total, 12% miles.
OFFICERS—President and General Manager, J. T. Voss; Secretary
and Treasurer, Woodford Brooks; Electrician, W. E. Voss.
F R A M IN G H A M , M A S S .
P opu la t io n in 1895 w a s 9,512; in 1890 w as 9,239; in 1880 w a s 6,235;
AND in 1870 WAS 4.968
F R A M IN G H A M
U N IO N
STREET
RY.
O r g a n iz a t io n .— Incorporated in 1887.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock (par $100.)..............................................
$30 000
....................
1st mortgage, currency.. 5 1889
5 J-J
50,000
July 1,1909
Not subject to call.
( Interest at North Nat. Bank, Boston.
2d m ortg a g e.........................................................
(?)
Debentures, e t c ......................................
(?)
L’ns,eto.pay.(net)Sep.30,’9 8 ............................
$26,000
R o a d — Operates main track 6-36 m iles; sidings 0-48 of a mile.
In March, 1898, permission was asked from the Railroad Commis
sioners to issue $20,000 additional stock, $10,000 2d mortgage bonds,
$35,0"0 debenture bonds and $35,000 coupon notes—$100,000 in all.
E a r n in g s .— For years ending Sept. 30 earnings have been as follow s:
1r. to Sept. 30— 1898.
1897. I
1898. 1897.
Gross earnings..$30,424 $19,936 I Bal. foi dividends..$7,783 $3,166
N et..................... 11,965
6,103 I Tot. surp. Sept. 30. 4,103 2,334
Int. taxes, e tc ... 4,182
2,937 |
OFFICERS—President, James R. Entwistle, Saxonville, Mass.; Treas
urer, F. E. Gregory, Framingham, Mass.; Clerk of Corporation, Ira B.
Forbes, South Framingham.
FRANKFORT, K Y .
P o pu latio n 1890 w a s 7,892; in 1880 w a s 6,958
AND in 1870 w a s 5,396.
F R A N K F O R T & S U B U R B A N R Y .-A
F O R T W A Y N E , IND .
P o pu latio n 1890 w a s 35,393; in 1880 w a s 26,880
AND IN 1870 WAS 17,718.
FT. W A Y N E CO N SO LID ATE D R A IL W A Y —
trolley road
O rganization Incorporated June 1 6 ,18t*7. Successor to Capital
Ry. sold in foreclosure for $10,000. Owns 5*9 miles of track, which
has been equipped with modern improvements since purchase by new
company. Stock, $10,000; bonds authorized, $40,000; issued $30,000
OFFICERS—President, Charles R. Crain, Springfield, O.; Vice-Presi
dent, Patrick McDonald; Secy., Treas. and Gen. Man., John T. Buckley, Frankfort, Ky. V. 64, p. 422,1180.
ORGANIZATION—Organized in December, 1895, and acquired the
Fort Wayne Electric Ry., which included the old Citizens’ Street Ry.
and Fort Wayne Street Ry., and also acquired the O. L. Centlivre
Street Railway. In the spring of 1896 purchased a 236 acre park, 6
miles from city, and built a double-track road to it from the city. In
F R A N K L IN , P A .
1898 population was said to be 50,000.
P opu la t io n in 1890 w a s 6,221; in 1880 w a s 5,010;
R eorganIZA ION—On Sept. 8, 1896, J. H. Bass and M. S. Robison
AND in 1870 w a s 3,908.
were appointed receivers. Mr. Robison resigned in Deo., 1897. In
F R A N K L IN E L E C T R IC ST R E E T R Y .—
terest due Nov. 1, 1896, on both mortgages unpaid. In November,
Stock (par $50), $60,000; 1st mortgage ($50,000) 6s, 1894, due 1924,
1898, trial had been had, but no decree entered under either mortgage
$2,000; unfunded debt June 30, 1898, $44,659. Operates 3% miles
and a motion was pending for a new trial.
of track through the principal streets of Franklin, Pa. Rail, 60 lb.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
For year ending June 30,1898, gross, $13,651; net, $1,591. In 1896-7.
Stock (par, $100)............................................. $2,000,000 ....................
Ft.W.Eleo.lstM.,$600,000. Î892 6g.M -N
’ (?)
May 1,1922
gross, $13,762; net, $1,426. In 1895-6, gross, $13,834; net, $2,370
Ft.W.con.M..$l,500.000,g. ) 1895 5g. M-N
(?)
Nov. 1,1935
OFFICERS—President and Treas., E. W. E chols; Sec’ry, G. S. White
($1,000)not sub.toeall.e’' ) May, 1896, coupon last paid.
Trustees are Guardian Trust Co.. Cleveland, Ohio, and S. B. Bond.
R o a d — Operates 3 1 miles of trolley track.
F R E D E R IC K , M A R Y L A N D .
V . 61, p. 966,1107; V 63, p. 458 ; V. 67, p. 125.
P opu la t io n in 1890 w a s 8,193; in 1880 w a s 8,659;
and in 1870 w a s 8,526.
FORT W O R TH , TE X.
P o pu latio n 1890 w a s 23,076
an d in
1880
w as
6,663.
C IT Y R A I L W A Y — trolley road.
A
ORGANIZATION, E t c .— Chartered in 1891 to acquire the street railway
lines o f the Fort Worth Land & Street Ry. Co. sold in foreclosure
Stock, $100,000, all held by the Purchasing Committee in trust, which
also holds title to 640 acres of Suburban lands. No bonds.
ROAD— Operates 7 ^ miles of track on 5 ^ miles of streets.
In 1899 road was purchased by Morgan Jones, and is now operated
jointly with the Fort Worth Street Railway, expenses of operation
being divided by the two companies.
O f f ic e r s — President, Morgan Jones; Secretary, W . E. Kauffman.—
V. 68, p. 473.
FO R T W O R T H & A R L IN G T O N H E IG H T S
ST R E E T R a i l w a y -
F R E D E R IC K & M ID D L E T O W N E L E C T R IC
R A I L W A Y — trolley road.
A
O r g a n iz a t io n — Commenced operation in fall of 1896. Caoital stock
authorized, $100,000; issued, $40,* 00. First mortgage of 1897 is for
$70,000 (all issued), 5 per cent, gold, $1,000, bonds, c*, interest J.&J.;
principal maturing Jan. 1,1917, but subject to call at par on and after
Jan. 1,1907; trustee, Maryland Trust Co., Baltimore. Second year o f
operation gross earnings were about $18,000.
R o a d —Frederick to Middletown. « miles. Has leased the Catootin &
Myersville Electric, Myersville to Middletown, 5*2 miles, constructed
in 1898. President, Geo. W. Smith.
F R E D O N IA , N. Y .
P o pu la t io n in 1890 WAS 3,399; in 1880 w a s 2,692
AND IN 1870 WAS 2,546.
O rganization, Et c .—The Fort Worth & Arlington Heights Street
D U N K I R K & F R E D O N I A R A IL R O A D —
Ry., Ft. Worth Land & Investment (about 4,000 acres), Arlington A trolley road. Population in 1895 estimated at 4,000.
Heights Klectrio Light Co. and Arlington Heights Water Co. were pur
O r g a n iz a t io n — Chartered April 21,1864. Company is also engaged
chased by bondholders in June, 1895.
in electrio lighting and steam heating, the expenses of these depart
The Ft. Worth & A. H. Street Ry. is leased for 5 years to Glenwood ments being included in the railroad operating expenses and the re
A Polytechnic College St. Ry.; according to recent reports, the latter ceipts are shown in other income. In June, 1897, purchased Fredonta
lias now purchased it.
gas plant for $9,600, giving note therefor (included in bills payable
Operates 6*2 miles of track on 2 ^ miles in streets; balance, suburban ' June 30,1898). Securities and earnings are as follow s:
STREET RAILWAYS.
42
Earn lNGS—Year ending J une 30:
Stock auth.,$150,000; par
1898.
1897.
$100; stook sold......... $116,200
$18,888
dross................$19,410
1st mort* 6s, J. & < J i
. aao
7,479
(Due July 1,1911).......( 4U’U U Net.................... 7,101
U
6,258
Bills payable June 30, ’98. 21,294 Other incom e.. 6,659
4,218
4,508
ROAD— Owns 3 ^ miles of single Int. and taxes.
6,000
and one-flfth miles of second track. Dividends........*21,486
* This includes a stook dividend of 15 per cent.
OFFICERS-—President, Willard M cKinstry; Secretary-Treasurer and
Manager, Milton M. Fenner
Earnings—For year ending June 30, 1898, gross, $60,778; net,.
$25,786; other inoome, $2,024; interest, $27,062; taxes, $2,360;
Park expenses, $4,368; def. for year, $5,980. In 1897, gross, $62,4 01; net, $19,991; other income, $216; interest on bonds, $25,260;
taxes; $2,062; other interest, $806; balance, deficit, $7,921.
President, Isaac M. Thomas, Wilkesbarre, Pa.; Secretary and Treas
urer, W. C. Gray, Seneca Falls.—V. 60, p. 562
G IR A R D V I L L E , P A .
GALESBURG,
P o p u l a t io n 1890 w a s 3,584; in 1880 w a s 2.730. P o p u l a t io n
TRIBUTARY TO SCHUYLKILL TRACTION, 75,000.
ILL.
P o pu latio n 1890 w a s 15,264; in 1880 w a s 11,437;
S C H U Y L K IL L T R A C T IO N C O - A trolley road.
ORGANIZATION—Chartered Sept. 26,1892, and in June, 1893, com
pleted an electric road, 221 miles in length, in the anthracite coal
a
ORGANIZATION—Chartered in 1892 for 20 years,being a consolidation basin of Schuylkill County. The population tributary aggregates
o f the College City Street Ry. and the Galesburg Street Car companies. about 75,000 people, and it passes about forty collieries.
STOCK & Bonds— Miles. Date. Interest. Outstanding. Maturity.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity.
Stock ($210,000), par $100............................... $210,000 ..................... Stock $1,000,000, $ 1 0 0 .................................... $1,000,000f.p......................
1st M. ($500,000), g .,) 22*3 1893 5 g A -O
500,000 Apr.1,1943
1st M. ($125,000)..................
1892 M-S
125,000
1902
s. f. $10,000 yr’ly >Interest is paid at Equit. Tr. Co.. Trustee. Phila.
Subject to call at 105 after Sept. 1,1897. Trustee, Nor. Trust Co., Chic.
after Apl. ’98
o* jB onds may be purchased for sinking fund at 105 #
ROAD—Owns 8 miles o f main track and 1 mile of sidings, laid with 50
ROAD— Owns 22Lj miles of track (length o f line from extreme points
lb. T rails, in Galesburg, 111., and extending also to East Galesburg.
about 15 miles), being in the form of a Y, with Girardville, where the
OFFICERS—President and General Manager, Fred. Seacord; Vice- power house is situated, as a centre. Rails 50, 60 and 70 lb. T • Loans
outstanding June 30,1898, $2,500.
President, R. Chappell; Secretary and Treasurer, Loren Stephens.
A nnual R e p o r t —E a rn in g s f o r y e a rs :
Tears—
Gross.
Net.
Interest. Bal.,surp.
1897-98 (year end. June 30)....$90,279 $33,990 $25,000 $8,990
1896-97 (year end. Sept. 3 0 )....
92,778 36,911
25.000
11,911
GALVESTON, TEX.
1895-96 (year end, Sept. 3 0 )....
96,809 40,801
25,000
15,801
P o pu latio n 1890 w a s 29,084; in 1880 w a s 22,248;
1894-95 (year end. Sept. 3 0 )....
90,981 33,360
25,000
8,360
an d in 1870 w a s 13,818.
OFFICERS—Pres., Dallas Sanders, Drexel Building, Phila.; Sec. and
Treas., J. A. Johann; Gen Man. and Pur. Ag.,E. W. Ash.—V. 63. p. 795.
G A L V E S T O N C ITY R A IL R O A D -A trolley road.
O r g a n iz a t io n —incorporated May 2,1871.
G L E N S F A L L S , N. Y .
R eceivership .—R. B. Baer appointed receiver in October, 1897.
City of Galveston claims $43,399 for overdue taxes.—V. 65, p. 824.
P opu la t io n 1890 w a s 9,509; in 1880 w a s 4,900;
Sale under first mortgage has been set for Sept. 5, 1899, the priority
AND in 1870 w a s 4,500.
or the city’s claim to be determined after the sale.—V. 68, p. 618.
G L E N S F A L L S , SO U TH G L E N S FA LLS,.
STOCK & BONDS—
Date. Interest. Outstanding. Maturity.
Stock (par $50)............................. See text $1,000,000 ..................... SA N D Y H IL L & FO R T E D W A R D S T R E E T
w
«1 AAA AAA ^ ( 1893 5 g J - J
1,000,000 Jan. 1,1913 R A IL R O A D — trolley road.
A
A ^ ’uort. $1,000,000, g., >
*97, coupon In default. Guar. Tr. Co.
O r g a n iz a t io n —Chartered Sept 28,1885; amended 1891. Estimated
$i,uuu..........................c. ^ 0£ n . Y., Trustee, New York City.
2dM. $75,000 ($l,000eaoh)........ 6 quar.
As collateral.
(1)
population of district served, 1898,27,500.
The 2ds for $75,000 were issued to Guaranty Trust Co., N. Y., as
S tock & Bonds—
Date, interest. Outstanding. Maturity.
5 Q.-F.
$150,000 May,’99,U*%
collateral for a promissory note of $50,000; and in Nov., 1898, fore- Stock, $150,000, par $100..........
1st M. (no option) ($500 > QQ,
AT r
100,000 July 1,1911
°losure suit was filed.
and $1,000) ................ o. (
In March, 1898, the Receiver reported floating debt to be $167,616 2d mortgage ($500)........ o. 1893
50,000 July 1,1913
6 J-J
Interest at Merchants’ Nat. Bank, Glens Falls.
besides city’s claim for $56,000 on taxes and assessments; cash on hand.
D ividends—1» fiscal year 1894-95 paid 1 per cent.; in 1895-6, 4 p. o.;
$25,507.
*
*
Dividends—In 1895,25 cents per share in Jan. and July; none since. in 1896-7,5 p. o.; in 1898, 5 p. o.; in 1899, Feb., I 5 p. 0.; May, l 1 p. c.
ROAD—Glens Falls to Fort Edward, 7*34 m iles; sidings, 1*18 miles;,
Proprietary road
Miles.
Road—
Miles.
(Entire st’k & bonds owned)
Owned in fee, main line.......... 36
race track branch, *2 m ile; So. Glens Falls Branch (completed Oct. ’ 96)
Sidings............................... ...... *2 Gulf City St. R’y & Real Est. Co. 5 lL j miles; total track, 10*52 miles. Rails 40 to 80 lbs.
Weight o f rail.........................40 lbs.
A nnual—Earnings for fiscal years ending June 3 0 :
Total o f all...........................-.411«
Gross.
Net.
Other inc. Int.ditax. Dividends. Bal.,sur.
1897.
1896.
Tr8.end.Dec.31. 1897.
1896.
$16,980 $2,882 $11,082 (5%) $7,225
$1,555
......... 1897-8..$61,537
Gross earnings.$213,468 $212,661 Damages, etc___$12,473
23,003
204
10,621 (5%) 6,875
5,711
Net over taxes.
83,488 80,342 Approx, surp... 10,574 $23,165 1896-7.. 57,488
23,191
Interest............ 60,439
57,177 ToE surp. Jan.1..............
OFFICERS—President, J. M. Coolidge; Secretary, Treasurer, F. F.
OFFICERS—President and Gen’l Manager, Julius Runge, Galveston; Pruyn; Supt., J. E. Derrick.
Secretary, A. Drouilhet; Treasurer, J. Lobit,—V. 65, p. 728, 824; V.
68, p. 618.
G LOUCESTER j M ASS.
P o pu latio n in 1895 w a s 28,211; in 1890 w a s 24,651;
G A R D N E R , M ASS.
IN 1880 w a s 19,329; and in 1870 w a s 15,389.
P opulation in 1895 was 9,182; in 1890 w as 8,424; in 1880 was
4,988; in 1870 was 3,333.
G L O U C E S T E R ST R E E T R Y .— trolley road.
A
Has passed into the control of the combination known as the Massa
G A R D N E R E L E C T R IC ST. R Y . -T ro lle y .
O rganization—Capital stock, $50,000; par, $100. Sept. 30, 1898, chusetts Electrical Companies.—See Lawrence, Mass.
O rganization—Incorporated December 29,1885.
loans and notes payable, $28,820. The oompany petitioned the Massa
STOCK & Bonds—
Date. Interest.
chusetts RR. Commission for authority to issue $30,000 of 5 per cent Stook, par $100............................See below. Outstand'g. Divid's, etc~
$180,000
See text.
30-year gold bonds.
1st mortgage.................... 1887 5 M - S
60,000 Apr. 1,1907"
[ An interest is payable at American Loan & Trust Co., Boston.]
ROAD—Main track, 4*34 miles; sidings, 0 T 2 m.; total track, 4*46 miles.
75,500
..................
EARNINGS—For year ending Sept. 30, 1898, gross, $17,103; net, Unfunded debt Sept. 30,1898.......................
Dividends in years ending Sept. 30,1892 to 1895 inclusive were 3
$2,975; interest, taxes, etc. (including maintenance of pleasure
grounds, $1,215), $3,819 ; balance, deficit for year, $844. President, per cent per annum; in 1896 paid 6 p. 0.; in 1897,6 p. c.; in 1898,6 p. o.
R o a d — Owns 10 miles of track and has hi mile sidings, eto.; lease
Frederick S. Coolidge; Treasurer, James A. Stiles.
Gloucester & Rockport (rental, $1,800), l 1 miles.
^
EARNINGS—For year ending Sept. 30 the earnings have been:
1898.
1897.
1898.
1897.
G E N E V A , N. Y .
Gross earnings. $70,571 $66,398 Balance for d iv s.$ l1,567 $16,435
10,800N e t ..................... 23,184
27,765 Div. paid............ 10,800
P opu la t io n 1890 w a s 7,557; in 1880 w a s 5,878;
767
5,635
Inter., taxes, etc. 11,617
11,329 Bal.,sur. for year
*
*
and in 1870 w a s 5,521.
OFFICERS—President, W, B. Ferguson, Malden, Mass.; Secretary and
and in
1870
w as
10,158.
GALESBURG ELECTRIC
P O W E R -A trolley road.
M O TOR
&
G E N E V A W A TE R LO O SENECA FALLS &
C A Y U G A L A K E T R A C T IO N —
Trolley.
O r g a n iz a t io n —Chartered Nov. 24, 1894.
February, 1895, consoli
dated with Geneva & Waterloo and other companies. The new com
pany owns the Cayuga Lake Park property of 50 acres.—V. 60, p. 562
STOCK & Bonds—
Miles. Date. Interest. Outstan’g. Maturity.
Com. stock, par, $100............................................ $350,000 ..................
Pref. stock, $100,000.............................................
100,000 ..................
1st M.,($500&$1,000)g.c*........ 1895 6 g. A -0 436,500 Apl. 1,1920
Bills payable June 30,1898, $11,955.
Interest at West End Tr. & S. D. Co., Phila., trustee.
Stock.—In November, 1896, the stockholders surrendered $100,000
of common stock, which was duly made into preferred stock, of which
100 shares was paid to the stockholders who had surrendered the
1,000 shares o f common stock.
Bonds—On June 30,1898, $63,500 of bonds were unissued.
ROAD—The road extends from Geneva to Cayuga Lake Park through
Waterloo and Seneca Falls, [17 miles; sidings, % miles. Rails 70-lb.
girder and 60-lb. T-
Treasurer, D. S. Presson, Gloucester, Mass.
G L O U C E S T E R E S S E X & B E V E R L Y R R .— An
eleotrioroad opened Aug. 21, 1895. In May, 1899, a syndicate pur
chased the road—See Massachusetts Electrical Companies, under
Lawrence, Mass.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock (par $100).........................................
$250,000
See text.
Bonds,$125,000($1,000)) 1896 5 g J-D
125,000
Dec. 1,1916
gold, c * ..................... .1 Int. at AmericanL. & T. Co., Boston,trustee.
Loans pay able (Oct. 1,’98) .......................
’
$30,000
...............
Dividends—In 1895-6, 4 p. o.; in 1896-7, 2 p. 0.; in 1897-8, 3 p. c.
ROAD—Owned Oct. 1,1898, 22*50 miles of main track and 62 mile of
siding; trackage, *21. Commenced operations August 21,1895.
EARNINGS— For year ending Sept. 30,1898, gross, $59,036; net, $22,639; charges, $11,043; dividends, $7,500; bal., surplus, $4,096. In
1897, gross, $58,641; net, $21,147; charges, $11,815; dividends, $5,000; bal., surplus for year, $4,332. President, W. B. Ferguson; Secre
tary and Treasurer, G. A. Butman; Office, 53 State Street, Boston.—
V. 64, p. 82.
STREET
G R E A T F A L L S, MON.
G L O V E R S V I L L E , N. Y .
P o pu la t io n 1890 w a s 3.979.
P o pu la t io n 1890 w a s 13,864; in 1880 w a s 7,133:
an d in
G R E A T F A L L S ST R E E T
1870 w a s 4,518.
C A Y A D U T T A E L E C T R IC R A IL R O A D —
ORGANIZATION—Leased for 999 years from May 1,1894, to the Fonda
ohnstown & Gloversvllle, which guarantees the bonds, principal and
Interest, and agrees to pay leased road net earnings up to 4 per cent
o n capital stock per annum, besides paying all fixed charges.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
Stock, $350,000.............................: ..................
$335,210
..............
1st. mort., $350,000 gold 5 1892 6g. A -O
350.000 Oct. 1,1922
$1,000, guar. p. & 1..........tin t, at Farmeis’ Loan <s T r„ N. Y. City
Current liabilities June 30,1898.....................
$96,483
............ -.
Road —Owns 14*2 miles of single track and *4 miles o f sidings.
Earnings—The earnings are included in those of the Fonda Johns
town & Gloversvllle RR. Co. -
J O H N S T O W N G L O V E R S V IL L E
B O R O R R .— electric road.
An
43
RAILWAYS.
& KINGS*
R Y - A trolley road.
O rganization—In hands of W. D. Dickenson as receiver.
STOCK & Bonds— Miles. Date. Interest. O'utstanding. Maturity
Stock,$200,000, par;$25 .................................. ^¿00,000
. — ••••
M. for $500,000 gold............... 1891 6 g J -D
246,500 June 1,1905
Mortgage trustee, Massachusetts Loan & Trust Co., Boston.
ROAD—Operates 823 miles of track and 8^2 miles of road.
Earnings—For year 1896 gross, $26,091 ; net, $2,568.
G REEN B A Y , W IS .
P o pu lation in 1890 w a s 9,069 ; in 1880 w a s 7,464;
in
FOX
R IV E R
1870
w as
4,666.
E L E C T R IC
R A IL W A Y
&
P O W E R . —Trolley.
This is a reorganization of the F ox River Electric, sold at foreclosure
ORGANIZATION—Chartered Nov. 12,1873, and in November, 1893,
leased to the Fonda Johnstown & Gloversvllle (steam) Railroad Co. Jan. 14,1899. (V. 68, p. 129.)
STOCK and Bonds .
Date. Interest. Outstand'g. Maturity.
for 999 years, Its bonds being assumed and 8 per cent per annum be Com., (par $100), $25,000.......................
........
..........
ing guaranteed on its stock.
Pf. 5% cum. ($100), 125,000.......................
-- . . . .
M. g. (par $50, $100, $500), 51889
5 g.
$115,000
July 1,1919
STOCK & Bonds—
Miles. Date. Interest. Outstand'g. Maturity
$150,000............................( Interest at Milwaukee Tr. Co., trustee.
............
Stock, $50,000 (par, $100)....................... 8 p. o. $50,000
1st mortgage.................. .
4*11 ......... 6 J -J
50,000
1913
ROAD—Owns 16 miles track; 45 and 78-ponnd rail; 12 motor
Interest is payable at the Metropolitan Trust Company, N. Y. City.
cars, 8 trailers. The line runs from Appleton to Neenah and Menasha,
Road—Owns single track, main line, from Johnstown to Glovere- and is ultimately to be extended to Kaukauna.
ville, 4*08 miles; branch, *03; total, 4*11 miles.
OFFICERS (new).—
President, H. 8. Eldred, Milwaukee; Vioe-President, A. M. Murphy, Green Bay; Secretary, B. L. Parker, Green Bay;
Treasurer, Mitchell Joannes, Green Bay.—V. 67, p. 1308; V. 68, p. 129
G O S H E N ( E L K H A R T CO.), IND.
P opu la t io n 1890 w a s 6,033; in 1880 w a s 4,123;
and in
1870 was 3,133.
IN D IA N A E L E C T R IC R R- OF G O SH EN .
G R E E N F IE L D , M A S S .
P o pu la t io n in 1895 w a s 6,229; in 1890 w a s 5,252; IN 1880 WAS
3,903; an d IN 1870 w a s 3,589.
Organized in March, 1899, to unite the old Indiana Electric Railway
<which see) with the 8outh Bend Street Railway, the South Bend &
GREENFIELD & TURNERS
FALLS
Elkhart Street Railway and the General Power & Quick Transit Co.
ST R E E T R A I L W A Y .— troU road.
A
ey
S tock & Bonds—Stock authorized, $1,000,000.
ORGANIZATION—Commenced operation June 24, 1895. Owns 750
ROAD—When line between Elkhart and Mishawaka has been built
feet steel bridge across the Connecticut River at Deerfield.
will have a system of 45 miles, extending from Goshen to South Bend.
S tock & BONDS—
Date.
Interest.
Outstanding.
Maturity.
—Y. 68, p. 671.
Stook, fullpaid, ($100) ........
..............
$100,000 8% in ’ 96-97
1st mort., gold, s. f . . . . 1896
5 g. J&D
96,000 June 1,1916
Notes payable Sept. 30,1898
.............
15,000
....................
IN D IA N A E L E C T R IC R Y -A trolley road.
BONDS— The mortgage (originally $100,000) provides for the pay
O rganization—This company was chartered to construct and
operate a street railway in Goshen and Elkhart and elsewhere ment of $2,000 annually from 1897 to 1915, inclusive, at a premium.
ROAD— Greenfield to Deerfield, Montague City and Turners Falls,
in Northern Indiana. In 1898 population of Elkhart estimated at
16,000 and of Goshen 10,000 (these cities are 8 miles apart). On Octo 12*86 miles; sidings, 0*41 miles; total track, 13*27 miles.
Earnings—For year ending Sept. 30,1898, gross, $34,585; net, $12,ber 1 ,1898, purchased by Arthur Kennedy and Francis J. Torrence
o f Pittsburg, Pa., who also purchased and entirely rebuilt South Bend 516; interest and taxes, $7,225; 4 p. o. dividends, $4,000; surplus,
Street Ry. and the General Power & Quick Transit Co., operating Une $1,291. In 1897, gross, $32,252; net, $13,489, applicable to interest,
from South Bend to Mishawaka, Ind., and the South Bend & Elkhart taxes and 8 p. c. dividends. President, Fiank E. Lowe’; Treasurer,
Street Ry., to extend from Mishawaka to Elkhart, for which contract Frank E. Pieree.—V. 63, p. 76.
had been let in Feb., 1899.
In March, 1899, the Indiana Electric RR. Co. of Goshen (which seel
was formed to unite all these lines. It is the purpose to retire the old
H A G E R S T O W N , MD.
securities and issue new securities on the consolidated road.
P o pu la t io n 1890 w a s 10,118; in 1880 w a s 6,627;
S tock & Bonds—
Par. Date. Interest. Outstand'g. Maturity.
IN 1870 WAS 5,779.
S took ........................................................................ $110,000
..................
1st mt.,$500,000,g.,s.f.,) 1,000 1895 6g. M-N 110,000 Nov. 1,1925
H A G E R S T O W N R A I L W A Y .— trolley road.
A
notsubj.to call,$1,000) Interest at Royal Trust of Chicago, trustee.
O r g a n iz a t io n — Chartered March 12,1896, for 40 years. Has con
Stock increased in 1896 from $25,000 to $110,000.
New MORTGAGE—Additional bonds may be issued at $5,000 permile tract with the city to furnish electrio lighting.
STOCK & Bonds—Capital stock, $200,000; par, $50. First mort
o f completed main track in suburbs and $10,000 per mile in city Umits*
ROAD—Operates 6 miles of track in Elkhart and 5 miles in Goshen; gage is for $200,000 gold 6 p. 0. bonds, dated 1896, due May 1,19165
line from Elkhart to Goshen opened December 22,1898, making in interest, Q.—F., at office of Commonwealth Guaranty Trust & Safe
Deposit Co. of Harrisburg, Pa., trustee of mortgage.
all 16!« miles o f track.
R o a d —Hagerstown to Williamsport and Funkstown, 13 m. of track.
O fficers—President, Arthur Kennedy, Pittsburg, Pa.; Secretary and
President, Christian W. Lynch; Treasurer, Wm. Jennings.
Treasurer, DeWitt Dilworth, South Bend, Ind.—V. 61, p. 925; Y. 68,
p. 671.
GRAND
H A M I L T O N , O H IO .
R A P I D S , M IC H .
P opu lat io n in 1890 w a s 17,565; in 1880 w a s 12,122;
P opu la t io n 1890 w a s 60,278 ; in 1880 w a s 32,016 ;
and in
1870
w as
16,507.
C O N SO LID ATE D ST R E E T R Y — trolley road.
A
ORG »NIZATION, Et c .—I n Jan., 1899, the holders o f the reduoed con
solidated bonds, $1,200,000, were operating the property in the at
tem pt "to get something out o f it for their interest, which is now two
years in arrears."
S tock & BONDS—
Date. Interest. Outstanding.
Maturity.
Stook, common.................
$1,500,000
...
do preferred............................................
1,230,000
........
Street Ry. Co. 1st mort. (1887
6 J -D
600,000 June 1,1912
$1.000?................ 0* & r. ( Int. due June 1,1898, paid Nov. 30,1898
Consol. St. Ry. Co. 1st M. > 1891 5 g F -A
1,200,000 Aug. 1,1916
$3.000,000 gold............. 5 In Jan., ’99, two years’ interest unpaid.
North Park Street Ry., 5 Î894
5 J- J
50,000 July 1,1914
1st, $75,000 ($1,000).. Ì Int. at Mich. Tr. Co., trustee, Gr.Rapids, MicL
Consolidated 8t. Ry. 5s o f 1891 for $2,400,000 were issued, but in
February, 1896, bondholders voluntarily surrendered one-half their
bonds, receiving preferred stock therefor at par. See above.
Interest due June 1,1898, on Street Ry. first 6s was paid Nov. 30,
1898; $560,000 o f these bonds have been deposited with the State
Trust Co. of Boston, under the agreement o f a protective committee,
Alpheus G. Rogers of Portland, Chairman.—V. 64, p. 287, 610.
ROAD— In Jan., 1899, operates 49 miles of track, including North
Park Street Railway, 4*3 miles.
OFFICERS—President, Gen. Man. and Pur. Agt., G. S. Johnson; VicePresident, D. M. Cummings; Secretary, O. S. Gaither.—V. 67, p. 319.
an d in
1870
w as
C IN C IN N A T I & M IA M I
TION.— trolley road.
A
11,081.
VALLEY TRAC
In May, 1899, control was purchased by Peter Schwab, of Hamilton’
in the interest of a syndicate who purpose consolidating several of
the lines in the vicinity.
O r g a n iz a t io n — Chartered in 1896, with right to carry passengers
freight, etc. Franchises run part 25 years and part 50 years. Road
opened July 12,3 897. Operates from Hamilton to Dayton, 3 7 ^ miles.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
$650,000
..................
Stook, $650,000 ($100)................................
First mortgage, $650,000 ( 1896
5 J -J
650,000
July 1,1917
($1,000).......................... ( int. at Finance Co. of Pa., Phila., trustee.
Guaranteed Loans—
Dayton Traction 1st M., ( 1896 5g. J-J $250,000
July 1,1916
($1,000), int. guar.-c* ( Int. at Finance Co. of Penn., Phila., trustee.
ebentures, gold, as- 5 ........ 6g. M-S
50,000
Mar. 1,1913
sumed.......................... XS. f., $2,000 yearly, beginning July, 1898.
Road—Operates from Hamilton to Dayton, O., 37 ^ miles, of which,
Mlamisburg to Dayton, 11*» miles, leased from Dayton Traction Co.
for 999 years from April, 1898, for dividends on stock and its guaran
ty of interest on $250,000 1st 5s and assumption of $50,000 debenture 6s. V. 66, p. 1237.
EARNINGS—dross earnings from January 1 to March 31,1899, $25,568, against $19,147 in the three months of 1898.
OFFICERS—President, JohnMcMahon; Treasurer, W. A. Stern; Secre
tary, J. S. McMahon.—V. 66, p. 1237.
S
STEEET
44
RAILWAYS.
Dividends. -In 1894,6 p.c.; ’95, 6; ’96,6; ’97, 6 p .c.; ’98, Jan., 3 p. 0.
Apr., l 1 p. c.; July, 1*2 p. o.; Oct., 1*2 p. e.; ’ 99, Jan. 1,1*2 p. o.; Apr*
^
P o p u l a t io n 1890 w a s 5.428; in 1880 w a s 699.
1,1*2 p. o.
H A M M O N D W H IT IN G & E AST C H IC A G O
Road—Lines extend to Wethersfield, West Hartford and Windsor.
E L E C T R IC R A I L W A Y — trolley road.
A
East Windsor, East Hartford and South Glastonbury, in all 65*6 miles
ORGANIZATION—Chartered in 1892. Franchise runs till 1917. Con main track and 6-2 miles sidings, etc. Standard for the city is 90-lb.
trolled in interest of South Chicago City Ry. V. 62, p. 86.
girder rails and in the country T rails. An extension to be built
STOCK & BONDS— Miles. Date. Interest. Outstand’g. Maturity.
in 1899.
Stock, $300,000................................................
$287,000
................. .
East Hartford&GlastonburyHorse RR. (name changed in 1899 to East
1stM., $100,000, gold 22 1894 5 g.M -8
100,000 Mar. 1,1904
Interest payable at Northern Trust Co., mortgage trustee, Chicago, 111. Hartford & Glastonbury Street Railway) is controlled by ownership
ROAD—Owns 22 miles of track, extending from State line at Roby to of stock and leased for 30 years from 1897. Part o f the Newington
Whiting, East Chicago and Hammond, and operates in connection with Tramway, from Newington Church to Hartford, was purchased in
1897, and a through line from Hartford to New Britain is operated via
South Chicago City Ky. to 63d St. and Madison Ave. in Chicago.
OFFICERS—President, A. Murray Turner; Vice-President, D. M the Central Ry. & Electric Co. of New Britain.
Earnings—Fiscal year now ends June_30. For years ending Sept. 30:
Cummings; Secretary & Treasurer, O. S. Gaither.—V. 62, p. 86, 502.
Gross.
Net.
Int. & taxes. Dividends. B al.,su r.
1897.............$576,992
$188,351
$145,386
$12,000
$30,966
1896............ 531,389
164,218
117,229
12,000
34,989
H A R R IS B U R G , P A .
For 9 months ending June 30,1898, gross, $438,069; net, $134,973 ;
P opulation 1890 was 39,385; in 1880 was 30,762
interest and taxes, $113,054; dividends, $21,000; surplus, $919.
and IN 1870 was 23,104.
OFFICERS—President, E. S. Goodrioh; Vice-President, Samuel G.
Dunham; Sec. and Treasurer, Daniel R. H ow e.- V. 65, p. 1 0 6 9 ,1 1 7 3 .
H A R R I S B U R G T R A C T I O N —A trolley road
O rganization—Organized in May, 1895.
STOCK & Bonds—
Par. Date. Interest. Outstand’g. LastD iv
H AR TFO R D &W E S T H A R T F O R D R R .-T r o lle y .
Harrisburg Traction,
O r g a n iz a t io n — In March, 1899, J. T. Patterson was appointed re
stock, $2,000,000...
50 ........ 2 ^ F -A $1,870,000 Feb., 1899
Citizens’ Passenger— 5 ........ 1894 6 g. M-N
75,000 May 1,1924 ceiver.—V. 68, p. 524.
STOCK & BONDS- Par. Dale. Interest. Outstand’g.
Maturity.
1st M., $75,000, gold Î Int. at Com’wealth Guar. Tr. Co., Harrisburg
Stock,$1,000,000... $100 . . . .
Text.
$247,000
............
Leased to E. Bar. Pass. Ry.—
1st M., $315,000, t 1,000 1894 5 F -A
279,000
Aug., 1924
Harris. City Pass. stk.. 25 ......... 12 J-J
$125,000 Jan., 1899
MiddletownH.&S.stk. 50 ........ 10 J -J
100,000 Jan.,1899
$1,000........... c* . ) Interest in default.
Sept. 30,1898, bills payable $20,488; other aooounts, $34,024.
The Traction Co. holds in its treasury $700,000 (all) stock of the
ROAD— Operates 13*2 miles of track laid with 65-pound T rails, lO
East Harrisburg Passenger Railway and $235,000 (all) of the Citizens
miles of which it owns and upon 3*2 miles it has trackage rights. Ex*
stock.—V.60, p. 873. Bills payable June 30,1898, $137,500.
Road—Leases and operates 47 miles of track as follows : East Har tends from Hartford to Farmington and Unionville. Extension pro
risburg Passenger, 24 miles; Citizens’ Passenger, 6 miles; Harris jected in 1898 to Collinsville, 7 miles.
E a r n in g s —For 9 months ending June 30,1898, gross, $29,599; net,
burg City Pass., 5 miles; Middletown Highspire & Steelton Pass., 12 m.
LATEST Earnings—9 mos , 51898 9 .Gross, $242,362; net, $137,208 $330. For year ending Sept. 30, 1897, gross, $42,089; net, $7,017;
July 1 to Mar. 31.
* 1897-8.Gross, 180,566; net,
84,563 interest and taxes, $7,128; balance, deficit for year, $111.
EARNINGS for years ending June 30 :
O f f ic e r s — President, David Hennev; Secretary, W. J. Carroll; Super
12 mos.
Gross.
Net.
Int., taxes,etc. Dividends. Bal., sur. intendent, T. L. McCormack.—V. 65, p. 1 0 6 9 ; V. 68, p, 524.
1897-98....$245,065 $117,210
$49,229
$46,750
$21,231
1896-97.... 221,389
90,028
52,518
18,700
18,810
O fficers—Pres., E. C. Felton ; V.-Pres., B. F. Myers; Seo. and Treas.
W. J. Calder; Supt. and Purch. Agt., F. B. Musser.—V. 63, p. 227.
H A V E R H IL L , M A SS.
H A M M O N D , IND.
H A R R IS B U R G & M E C H A N I C S B U R G
E L E C T R IC R A I L W A Y CO.— trolley road.
A
O rganization—In Feb., 1898, operated 7 miles of track. In 1898,
control secured by new interests and extensions and improvements
to be made in 1899.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity
Stock auth., $225,000..........................................
$144,500
...............
1st mort., $224,000, g o ld .... 1894 6 g. M-S
144,500 Sep.,1914
On June 30,1898, loans payable were $15,000. Interest is payable
at office of trustee, the Harrisburg Trust Co. For year ending June 30,
1898, gross, $23,194; net, $11,64!?; interest and taxes, $11,464; sur
plus, $178.
POPULATION IN 1895 WAS 30,209; in 1890 was 27,412; IN 1880
WAS 18,472; and in 1870 was 13,092.
H A V E R H I L L & A M E S B U R Y ST R E E T R Y .
- A tr o lle y ro a d .
Control has passed to a Boston syndicate represented by E. Rollins
Morse & Bro. and Tucker, Anthony & Co., and arrangements made to
unite all the loads in Eastern Massachusetts.
S t o c k & BONDSDate. Interest. Outstanding. Maturity
Stock, $250,000. par $100.............. See text
$150,000 Oot.,’ 97, 3%
Black Rook&Salisb’y Beach 51891 5 g J - J
111.000 July 1,1911
1st mortgage, gold........... ( Interest at International Tr’t Co.,Boston.
Haverhill&Amesb’yConsol. 5 1892 5g. J - J
179,000 July 1,1912
M. $290,000 g., $1,000. c* ( Int. at Am. Loan & Tr. Co., trustee, Boston.
Debenture notes.................. 1891 6
200,000
1911
Loans payable Sept. 1, ’98............ ....
26,599
............
H A R T F O R D , CONN.
DIVIDENDS—Nov. 1,1892, paid 4 per cent; Sept. 2 5 ,1 8 9 4 ,4 per cent,
in year 1894-95, 4 per cen t; in 1895-96, none; in 1897, Oct., 3 p. c.
P opulation 1890 was 53,230 ; in 1880 was 42,553 ;
Road—Has 27*2 miles of track, including sidings, etc., 1 ^ mile. On
AND IN 1870 WAS 37,743.
Sept. 30,1897, electricity, 22 m iles; steam, 3 m iles; horses, 2 *2 miles.
HARTFORD M ANCH ESTER &
R O C K
ANNUAL R e p o r t —For years ending Sept. 30 earnings have b een :
V IL L E T R A M W A Y C O .Gross.
Net.
Int.. Tax, die. Dividends. Bal.,Sur.
STOCK & BONDS—
Date. Interest. Outstand’g.
When due.
1897-98... $89,*65
$31,276
$30,882
............
394
Stock $500,000 (par $ 1 0 0 )....................... .
$300,000
............... .
1896-97... 99,485
34,807
28,700 (3%) $4,500
1,606
1st mort., $300,000............ 1894 5 A -0
200,000
Oct. 1,1924
O ffic er s —President, Charles Goss, Amesbury, Mass.; Secretary and
Bills payable June 3 0 ,’98 ..........................
13,000
..................
Road—In 1898 operated 18’75 miles of track, extending to Man Treasurer, Geo. A. Butman; Office. 53 State St., Boston.—V. 68, p. 672.
chester, Talcotville and Rockville, extension to Rockville operated
from January 8,1898.
Earnings—Nine months ending June 30,1898, gross, $61,193; net,
H AZLETON , PA.
$22,414 ; interest, taxes, eto., $16,928 ; balance, sur. for year, $5,486.
P opu la t io n 1890 w a s 11,872; in 1880 w a s 6,935;
OFFICERS—President, M. S. Chapman; Sec., J. W. Haynes; Treas.
and in 1870 w a s 4,317.
R. O. Cheney.—V. 65, p. 1 0 6 9 .
HARTFORD
& S P R IN G F IE L D
R Y-
ORGANIZATION— Chartered in 1898 to build between Hartfor d and
Springfield, Mass., on both sides of the Connecticut River, including
link on the <ast side to connect the Hartford system with the Enfield
and Long Meadow Road. In Nov., 1898, reported to have secured a
franchise through Agawam and West Springfield to Springfield. In Feb.
1899, about $80,000 had been spent. Geo. W. Dunham, President,
Flemington, N. J.; E. R. Gilman, New York; Noble F. Pierce and F.
L. Fairbanks o f Bristol, and T. F. Welsh of Southington, Conn.
H A R T F O R D S T R E E T R A I L W A Y — trolley road.
A
STOCK & Bonds—
Date. Inter’ l. Outstanding. Last div., &t
Stock ($2,000,000, par $100)......... Q -J $1,000,000
A p r.l,’89,Hs%
Wettfersf’d \5' 20 year
do
do
do
rtf. St. Ry.
do
do
do
do
do
do
do
do
Deb’8do
do
do
do
do
do
1892
1893
1894
1894
1895
1895
1896
5 M -S
5 J -J
5 A -O
5 J -D
5 M-N
5 F -A
5 M-S
100,000
100,000
300,000
300,000
300,000
300,000
277,000
Sept. 1,1912
July 1,1913
Oct. 1,1914
Dec. 1,1914
May,
1915
Aug., D<15
March, 1916
E guar* r ^ D e o 'l 6 lllOO1168 } 1897 5 J-D 200»000
Dec. 1, 1927
Interest is payable at Connecticut Trust Co., Hartford, Conn.
STOCK—In 1898 $800,000 stock was issued, making the total amount
outstanding $1,000,000. A portion of the proceeds was used to retire
$300,000 Hart. & Weth. debenture 5s.
The debentures are all subject to call at par after five years from
date of issue. They will all be secured by any future mortgage.
L E H IG H T R A C T IO N C O .ORGANIZATION— Chartered Nov. 7,1892. Franchise perpetual. Owns,
controls and has leased for 999 years, at an annual rental of $1 each
the Hazleton & Suburban Electric Ry., capital $30,000; Hazleton &
South Side Electric Ry., capital $75,000; Hazleton & North Side Eleorio Ry., capital $75,000.
S t o c k & Bonds—
Date. Interest. Cutstand’g Maturity.
Srk$l,000,000(au.)p.$100............................. $1,000,000 f. p................
1st mort. $500,000, gold, J 1893 5g. J -D
500,000 June 1 1923
$100, $500, $1,000.. .o* ( Trustee, Markle Bank’g & Tr. Co., Hazelton.
Car b a m bonds, +55,000.
1895 5g. M-8
55,000
1925
H azle Park b’ds, $60,000.
1895 5g. A -0
30.000
1925
Rill« payable Jan. 1. ’99...............................
130,671
..................
Interest (free of all taxes) is payable in New York or Philadelphia e x
change, if desired, at par, and is so stated on the coupon.
r o a d —Operates 23 miles of road laid with 60 lb. new steel T rails,
oak ties, well ballasted. Road extends from Hazleton to West Hazleton,
to Yorktown (connecting with Penn. RR. and Lehigh Valley RR.), to McAdoo (South) and Milnesville, Latrtmer, Urinas and Freeland (North).
I a t f «5T EARNINGS— 4 months, ( 1899....... Gross, $31,469; net, $8,722
=
Jam 1 to April 30.
11898....... Gross, 30,438; net, 9,822
Y E A R ’S E a r n in g s — Report for 1897 was in V. 66, p. 233. In 1898,
gross, $97,025; net, $40,266; other income, $3,9,21; interest and
taxes (including $14,827 back interest), $53,204; bal., deficit for year
$9,017. In 1897, gross, $109,101; net, $50,615. Passengers carried
in 1898 were 2,089,+04.
O f f ic e r s — President, C. W. Kline; Treasurer, N. C. Y ost; Secretaryf
E. 8. Doud; Gen. Man., A. Markle—V. 64, p. 2 3 2 ; V. 66, p. 2 3 3 .
STREET
RAILWAYS,
H E LE N A, MON.
P o pu latio n 1890 w a s 13,834; in 1880 w a s 3,624;
1870 w a s 3,106.
& L I G H T - A trolley road.
ORGANIZATION—This company is a consolidation made in 1894 of the
Helena Electric Railway and Helena Rapid Transit, together with the
Helena Electric (Light Co.) and the Helena Gaslight & Coke Co.
STOCK & BONDS— Miles. Date. Interest. Outstand’g.
Maturity.
Stock...................; .............................................. $1,000,000 .....................
Helena Gas-Light < ........ 1890 6 J - J
175,000 July 1,1910
& Coke IstM ort. <Interest at Minneapolis Trust Co., Minneap.,Minn.
Helena Power & L’t ( 20 1895 5 p e r c t.
425,000 Jan. 1,1925
consol, mortgage.. ( Trustee, Central Trust Co., N. Y. City.
Road—In November, 1898, owned about 24 miles of trolley track.
OFFICERS—President, H. M. Parchen; Vice-President, T. A. Marlow;
Treasurer, Herman Gans; Secretary, H. L. Walker.
an d in
HELENA POWER
40
B E R G E N C O U N T Y T R A C T I O N - A trolley road.
O rganization—Began operating April 20,1896, road from Fort Lee,
opposite 125th Street, N. Y., to Englewood, N. J., Leonia, Nordhoff,
etc. 9 miles of track in operation Nov. 1, 1898, and three miles addi
tional, Leonia to Hackensack, opened for business in March, 1899.
Ferry connects line with N. Y, City. Stock authorized, $500,000; issued $200,000. 1st mortgage, $500,000; Land Title & Trust
Co. Philadelphia, trustee; $200,000 issued Jan. 1,1899. Calendar year
1898, gross, $41,583; net, $5,127.
President, Chas. T. Colioday; Vioe-President, W. H. Clark; Secretary
and Treasurer, W. N. Barrows.
H O LYO K E , M ASS
P opulation
in
1895
was
40,322;
in
1890
was
35,528; In 1889
WAS 21,915; AND IN 1870 WAS 10,733.
H ENDERSON,
KY.
P o pu lation 1890 w a s 8,835; in 1880 w a s 5,365;
and in
1870
w as
4,171.
H E N D E R S O N E L E C T R IC ST. RY.-Trolley.
O rganization—Incorporated Feb. 13, ’86, under a perpetual charter.
STOCK & BONDS—
Date. Interest. Outstand’g
Maturity.
Stock (par, $100).................................................
$50,000
............
Consol, more.,$60,000, cu r.) 1897 6 J-J
50,000 Jan. 1, 1912
$500.............................. c* ) Int. at Louisv. Tr., Louisville.Ky.,Trustee
Road—Owns about 5 miles of track.
Earnings—For fiscal year ending June 30, 1897, earnings were
“ sufficient to cover fixed charges and interest.”
OFFICERS—President, E. P. M illett; Vioe-President, E. W. Whiteby,
Secretary, E. G. Sebree, Jr.; Treasurer, D. Bank, Ji.
H E R K IM E R , N. Y .
P o pu la t io n in 1990 w a s 4,666.
H E R K IM E R M O H A W K IL IO N & F R A N K
FO R T E L E C T R IC R Y -
H O L Y O K E S T R E E T R A I L W A Y —T ro lle y .
ORGANIZATION—P o p u la tio n in 1895 g iv e n as 40,322.
STOCK—
Date. Interest. Outstanding. Last div., etc.
Stock, $500,000 ($100)...............
J-J
$400,000 Jan. 2,’99,4%
Bonds ($500, etc.).......... 1895
5 A-O
250,000
Apr. 1,1915
Leased line rental, Mt.
Tom RR. Stock, 6 p. C
.............
6
100,000
......................
In 1896 $150,000 of stock was issued for construction, etc., and 6
miles of track were built. In July, 1898, stock was increased from
$400,000 to $500,000 to capitalize the floating debt. V. 66, p. 6 1 6 .
The loans payable were $78,900 Oct., 1898.
Dividends—In 1892 to Jan., 1899, inclusive, 8 per cent yearly.
R o a d — In October, 1898, was operating 33*26 miles of track. Oper
ates Mt. Tom (incline) RR., 4,900 feet long, under a 25-year lease. In.
Feb., 1899, extension to Easthampton reported to be proposed.
Earnings—For years ending Sept. 30 earnings have been:
1898.
1897. I
1898.
1897.
Gross earnings.$229,097 $216,684 Dlvs. paid (8 p.c.)$32,000 $32,000
N et.................... 74,585
65,960 i Bal., sur. for year 3,641
4,315
Int., taxes, &o.. 38,944
29,645
---------- -------------Bal. for div’nds 35,641
36,315 | T’lsur. Sept.30.$65,260 $36,604
O f f ic e r s —President, General Manager and Purchasing Agent, Wm.
S. Loom is; Treasurer Wm. R. Hill.—V. 66, p. 616.
ORGANIZATION—Consolidation in February, 1895. On July 1,1897,
owned 5% miles of track; 6 motor and 6 trail cars. Capital stock,
$150,000; par, $100. First mortgage, $150,000, fives of 1895, J. & J.
due 1925; interest at Farmers’ Loan & Trust Co., N. Y.
H OM ESTEAD, P A .
Latest Earnings—4 m os.,) 1899........... Gross, $13,787; net, $6,655
P opulation 1890 was 7,911; and in 1880 was 592
Jan. 1 to April 30.
) 1898........... Gross, 13,212; net, 6,613
H O M E S T E A D & H IG H L A N D S ST R E E T
For year ending June 30, 1898, gross, $38,631; net, $20,244;
S
onongahela Street Ry., P
ittsburg, P
a.
charges, $10,308; dividends, $9,000; bal., surplus for year, $936. R A I L W A Y — ee M
In 1896-7, gross, $41,348 ; net, $21,391. Pres., J. Ledlie Hees, Mo*
hawk, N. Y.
H O O S IC K F A L L S , N. Y .
H IN G H A M , M A S S .
P opu la t io n in 1895 w a s 4,819; 1890 w a s 4,564;
IN 1880 w a s 4,485; AND IN 1870 4,422.
H IN G H A M
STREET
R Y . - A trolley road.
ORGANIZATION—Commenced operation May 27,1896. Early in 1898
purchased ihe Hull St. Ry. (2 miles).
Has passed into the control of a Philadelphia syndicate repre
sented by Pepper & Register of that oity.
S tock & Bonds—
Date,
interest. Outstand'g.
Maturity.
Stock...............................................................
$188,000
First M., $200,000, gold 1896
5g. J-D
154,000
June ï , i ? ï é
Hull St. Ry. first mort
gage assumed............. 1891
6g. J -J
_________ I 1,1911
20,000
July I ____
Owns 17*43 miles of track, including Hull and Nantasket lines;
sidings, etc., 1*32; held under lease, *79; trackage, 1*16; total, 20*70.
Connects with Quincy & Boston St. Ry. for Boston and with Braintree
St. Ry., Brockton St. Ry., etc.
Earnings—Year ending Sept. 30,1898, gross, $44,667; net, $11,704;
interest and taxes, $12,371; exceptional expenditures, $7,511; bal
ance, def., $8,178.
OFFICERS—Pres., S. R. Anthony; Treas.,W. A. Tucker,53 State 8t.,Bos.
H O B O K E N , N. J.
P o pu latio n 1890 w a s 43,648; in 1880 w a s 30,999;
AND in 1870 WAS 20,297.
N O R T H H U D SO N C O U N T Y R Y .—
An electric road.
O rganization—Owns about 50 miles of street and elevated trolley
lines in Hoboken, W. Hoboken, Jersey C., U. Hill, Weehawken, Guttb’ g
and North Bergen, N. J., and vicinity. Besides roads owned in fee,
controls Hudson & Bergen Traction Company, owning Jan. 1 ,1 8 9 8 ,l*a
miles of track and having $25,000 of paid in capital stock and $74,461
of debts; also the Pavonia Horse RR., owning 4 miles of track and
having outstanding $45,000 of full-paid stock, all owned by the North
Hudson County RR. Co.
In Jan., 1899, North Jersey interests secured control o f about $750,000 stook By agreement with the North Jersey Street Ry. operates
its trolley cars over North Jersey tracks in Jersey City and thus reaches
the Pennsylvania ferry from Hoboken.—V. 68, p. 41. In May, 1899»
lease to North Jersey reported under consideration, but report not
confirmed.
S tock & Bonds—
Date. Interest. Outstand’g. Last div., <t(
Stock auth’d $1,250,000($25) ........................ $1,000,000
1892,8°A
1st mortgage ($1,000)................... 6 J. - J.
620.000 Jan. 1.1914
Consol, mort. ($3,000,000)) i fi9fi « T
T
2,378,000 July 1,1928
$620,000 to retire IstM. c*5
0 J * " J*
2d mortgage ($1,000)...........1894 5 M. - N.
835.000 May 1,1904
Debenture 6s ($1,000)...........1892 6 F. - A.
404.000 Feb. 1,1902
A nnual R eport —Reports for j ears ending Deo. 31 show :
Qross.
Net.
Charges.
Balance.
1897......
$923,100
$296,063
$266,426 snr.$29,637
1896.........
906,985
277,660
257,137 sur. 20,523
1895....................... 871,273
251,443
246,648 sur. 4,795
OFFICERS—President, David Young; Secretary, W. C. Doubleday;
Treasurer, W. G. Shaller. INDEX—V. 62, p. 411; V. 67, p. 41, 86; V. 68,
p. 673.
P opu la t io n 1890 w a s 7,014; and in 1880 w a s 4,530.
B E N N IN G T O N & H O O SIC K V A L L E Y R Y . A trolley road.
O rganization—A consolidation in Ootober, 1897, of the Hoosick
Ry. and Bennington Electric RR. A line was constructed from
Bennington to conneot the roads, and a $250,000 mortgage has been
authorized, of which $90,000 reserved for future needs and $160,000
to be used to retire Hoosick Ry. 6s $60,000 future extensions and im
provements. Total population served July 1,1898, 25,000 to 30,000*
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity„
Stock, com., $130,000 ($100).............................
$130,000 ..................
Pref., non-cum., non-voting,
5 per cent ($100)............................................
30,000 ..................
C1894
6 J-J
60,000 July, 1924
Hoosick Ry. 1st M., g. ($500). < Subject to call at par for s. f. after 1904
f Int. at Intem ’l Tr. Co. ,trus., Bost., Mass.
Ben. & H. V. 1st M., $250,000, (1897 5g. J-J
$100,000 Jan.1,1928
gold ($500 and $100).......... ( Int. at Intern’l Trust, Boston, trustee.
Road—
miles long.
Earnings—For 4 months ending July 1,1898, when middle 5 mileswere completed and whole road opened for traffic, gross, $8,496; net*
$3,459.
President, George E. Greene; Vice-President, W. M. Holmes; Treas
urer, I. E. Gibson; Sec., E. L. Bates; General Manager, C. B. Story.
DIRECTORS—Galen C. Moses, Edward L. Bates, Irving E. Gibson,
William C. Geer, George E. Greene, J oseph Buckley, Watson M. Holmes,
Levi E. Warden, and F. S. Donnell.
H O R N E L L S V 1 L L E , N. Y .
P opulation 1890
was 10,996; in 1880 was
and IN 1870 WAS 4,552.
8,195;
H O R N E L L S V IL L E E L E C T R IC R A I L W A Y
—A trolley road.
O r g a n iz a t io n — Chartered Dec. 16,1891. Road completed in 1893.
S tock & Bonds—
Date. Interest. Outstand’g.
Maturity.
Stock, $50,000 (par, $100).................................
$50,000
............
1st mortgage ($500)............... 1892 5 J-J
50,000 July 1 ,1 9 1 2
2d mortgage ($500)................ 1895 6 J -J
20,000
1915
Interest is payable at the Fourth National Bank, New York City.
Road—Single track main line in city, 4*34 m iles; branch line, *50t
sidings, *22; total of all, 5*06 miles.
Earnings—For years ending June 3 0 :
Gross.
Net Other inc. Int. < taxes.
&
Balance*.
1897-98.......... $10,904 def.$987
$7,054
$4,111
sur $1,956
1896-97........... 11,896
406 1,551
4,258
def. 2,301
O fficers—President, Charles Adsit; Vice-President, F. D. Sher
wood ; Secretary, De Merville P age; Treasurer, George T. Rehn.
H O R N E L L S V IL L E & C A N ISTE O R Y O rganization , Et c .—Owns 4*32 miles of trolley track.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock, $50,000, par, $100..................................
$50,000
..................
1st mortgage.......................... 1892
6 A&O
50,000 Oct. 1 ,1 91 2
Canisteo Valley Ry. bonds.................................
5,500
..................
EARNINGS—Year 1897-98: Gross, $15,433; net, $394; deficit under
oharges, $4,431.
OFFICERS—President, D. M. Page; Secretary, Charles Adsit.
STREET
46
RAILWAYS.
H O T SP R IN G S , A R K .
H U N T IN G T O N , N. Y .
P o pu la t io n 1890 w a s 8,086; in 1880 w a s 3,554;
P o pu la t io n 1890 w a s 3,028; in 1880 w a s 2,952:
an d in
1870
w as
1,276.
H O T i SP R IN G S ST R E E T R A I L R O A D - T r o l l e y .
ORGANIZATION—Chartered in 1894; successor to Hot Springs Electric
Street Railway. Controls Fountain & Suburban RR., 1 mile.
If S tock & Bonds—
Date. Interest. Outstanding.
Maturity.
Stock, $500,000............................................
$200,000
...............
1st mortgage, gold.......... 1894 6g. J-D
200,000 June 1,1924
Other indebtedness Aug.,
1898......................
.........................
None
...............
Trustee is St. Louis Trust Company, St. Louis, Mo.
Road—Operates 11*8 miles of track. Extensions of 2 miles proposed
in 1899.
O f f ic e r s —President, S. W. Fordyce; Secretary, C. E. Maurice;
Treasurer, General Manager and Purchasing Agent, C. G. Convers.
HOUSTON, T E X A S .
P o pu la t io n 1890 w a s 27,557; in 1880 WAS 16,513;
AND IN 1870 WAS 9,382.
STHOUSTONIELECTRIC S T R E E T R A I L W A Y
—A trolley road.
O r g a n iz a t io n — Successor in September 1,1896, to the Houston City
1870 w a s 2,433.
R A I L R O A D —A trolley road.
ORGANIZATION—Chartered in May, 1890. The securities, earnings,
etc., are as follows. In 1898 the Long Island RR. purchased almost
the entire capital stook, and converted road into a trolley line, being
opened as such June 17,1898. See L. I. RR. item, V. 66, p. 1189.
Stock ($30,000) pa r$100..$30,000
EARNINGS—Year ending June 30:
1899.
1897.
1st mortgage 58, J&D....... 26,000
$4,381
Gross..................... $4,737
(Due in 1920.)
1,540
Interest is payable at the Atlantic N e t ...................... 1,193
1,531
Trust Company, New York City. Charges................. 1,300
D ividend.........(2^%)600 (3%)900
Road—Owns 3 miles of track.
Balance............... def.707 def. 891
Pres., W. H. Baldwin, Jr.; Sec. and Tieas., A. C. Bedford, 26 Broad
way, New York.
and in
H U N T IN G T O N
I N D I A N A P O L I S , IND .
P opulation 1890
was
105,436;
in
1880
was
75,056;
AND IN 1870 WAS 48.244.
CITIZENS’ STREET RAILROAD
IN D IA N A P O L IS — trolley road.
A
OF
O rganization—Incorporated April 24,1888. On Dec. 16,1898, the
Supreme Court of Indiana decided that the franchise of the Citizens
Company will expire in 1901, and that the contract between the city
and the City Railway was valid, but in Jan., 189 9, a rehearing was
granted.—V. 67, p. 1308; V. 68, p. 281. See extracts from deoision
in V. 67, p. 1356.
In Feb., 1899, nearly a ll the stook of the Citizens’ RR. and all the
shares of the projected City Ry. had been purchased by a N. Y., Phila.
and Indianapolis syndicate, thus leaving only one street railway
claim ing any rights in the city. The new owners organized the Indi
anapolis Street Railroad Company, which in April, 1899, entered into
a contract w ith the city of Indianapolis by which the franchises and
rights of the Citizens’ and the City companies were surrendered and
new limited franchies accepted, running onlj thirty.four years—see
V. 68, p. 723.
CONSOLIDAT ION
—Under the plan of consolidation the stock of the
Citizens’ RR. is to be exchanged for Indianapolis Street Ry. securities,
but the bonds of the Citizens’ RR. are to remain undisturbed. Citizens’
stockholders get a $1,000 4 p. c. gen. mtg. bond of the Indianapolis
Street RR. and $200 in Indianapolis Street RR. stock for every 20
shares of Citizens’ stock. As to the three-cent fare case, which the U. S*
Court of Appeals decided in favor of the railroad in Deo.,1897, see Su p
pl e m e n t of Nov., 1898, and V. 64, p. 842,1180; V. 65, p. 51,181,1172,
STOCK & Bonds—
Date. Interest. Outstanding. Dividends,de.
Capital stock ($100)..................
..... $5,000,000
___
Citizens’ St. Ry. ($1,000)..1881
6 J -J
300,000 July 1,1901
Citizens’ St. RR. ($1,000) >1892 6 J - D
700,000 June 1.1900
1[ Includes interest ($15,372) only from Sept. 1,1896, 4 months.
extendedsubject to call 5 Interest at 111. Trust & Sav. Bank, Chicago.
5 g. M-N
3,000,000 May 1,1933
O f f ic e r s — President and Treasurer, A. N. Parlin; Vice Pres, and Citizens’ St. Ry. con sol.) 1893
m. $4,000,000 gold, .c* j Trustee Solicitors’ Loan & Trust Co. of Fhila.
General Manager, H. F. McGregor; Secretary, F. J. De Meritt; Assist
Interest due May and November on consols of 1893 is payable at
ant Treasurer, E. N. Champion.
Fourth Street National Bank, Philadelphia.
DIRECTORS—A. N. Parlin and George E. Smith of Boston; Austin
Ronds—Consols are exempt as to principal and interest from any
Corbin of New York, and H. C. Chase, J. H. Kirby, T. W. House, W. D.
tax which company may be required to pay. The $700,000 2d 6s were
Cleveland and E. p. Hill, of Houston.— 61, p. 112, 281,611,925;
V.
extended two years to June 1,1900. V. 67, p. 28.
V. 62, p. 84,277, 548, 869; V. 63, p. 229; V. 66, p. 9 5 0 .
Road—In March, 1898, the company owned, controlled and operated
about 100 miles of road.
H O U STO N H E IG H T S E L E C T R IC ST R E E T
E a r n in g s — For year ending Dec. 31,1897, reported to have earned
R A IL W A Y O r g a n iz a t io n —This line starts from the manufacturing portion of all of fixed charges, taxes, and a balance for stock.—See V. 65, p. 1071.
Houston Heights, extends through the residence district, and termin For fiscal years ending April 30, gross earnings w ere: In 1897-8,
ates in the centre of Houston, affording rapid transit to and from all $978,964; in 1896-7, $922,727; in 1895-6, $956,105; in year 1894
portions of the Heights. It was leased to the Houston City Railway. gross were $850,215, against $812,111 in 1893; net, $383,246, against
Rental received for year 1894-95 was $13,967. Mortgage is for $100,- $251,226.
After payment of fixed charges due May 1,1898, Company was re
000 and is dated 1893; interest in default since May 1, 1895. Injunc
tion granted trustee in March, 1897, restraining sale of the nine oars ported to have over $100,000 cash on hand, more than 2 per cent on
capital stock. The floating debt was paid off early in 1898.
under a judgment.
—V. 66, p. 81,759, 856, 900, 953; V. 67, p. 28,1308,1356; V. 68, p. 40,
281, 330, 379, 427, 473, 571, 618,. 671, 723, 871, 927.
Street Ry., which was sold in foreclosure May 6,1896. Y. 61, p. 925
NEW STOCK & Bonds— Date. Interest. Outstand’g Maturity.
Stock, $2,000,000 ($100)...............
J.-J.
$428,000 .....................
lstm ort. on part of prop... 1884 7—J.-J. 137,000
1899
Con. M., s. f., $1,000,000)
1896 5 g. M-S
730,000 Sept. 1,1921
gold ($5 0 0 )................ c r >
Subject to call at 105 after 1916
Income mort........................ 1896 6 p. c.
$775,000
1917
Interest at International Trust Co., Boston, consol, mort. trustee.
Bonds—Consol. 5s can be called for payment at 105 after 1916. Sink
ing fund of 15 per cent of net earnings begins in 1899, and after Jan.,
1906, is limited to 5 p. c. o f outstanding bonds. Consols for $150,000
reserved to retire the old .irst 7s, $137,000. The mortgage is a first
lien on about 26 m iles; bonds authorized at $10,000 per mile on new
construction. In May, 1898, it was stated that plan would be pro
posed to retire the 1st M. 7s by sale of the 5s held by trustee for that
purpose.
ROAD—The property in Deo., 1897, consisted of 34 miles of track
and 8 miles under construction; 65 motor cars, 20 trailers and 800 city
lots and other property valued at $140,000.
EARNINGS— From Jan. 1 to Mar. 31, gross, $47,985 in 1899; $38,158
in 1898.
R eport —Report for 1897 was in Y. 66, p. 950, and showed Jan. 1,
1898, cash on hand, $3,034; bills payable, $8,930. Earnings for years
ending Deo. 31:
Gross.
Net.
Other inc. lnt. A tax.
Dal., sur
$64,048
$2,039
$54,442
$11,645
1897.......... $189,857
76,479
1,680
1122,272
55,887
1896.......... 202,240
H U D S O N , N. Y .
P o pu la t io n 1890 w a s 9,970; in 1880 w a s 8,670;
an d in
1870
w as
8,615.
IN D IA N A P O L IS & B R O A D R IP P L E R A P ID
TR A N SIT — trolley road.
A
R o a d —Embraces, it is said, 7 miles of track. Stock authorized,
$300,000; issued, $100,000; 1st mortgage gold 6s of 1895, due 1925,
son Light & Power Co , Kinderhook & Hudson RR., Greenbush & $400,000; trustee, State Street Safe Deposit & Trust Co., Boston»
Nassau Electric and Kinderhook Power & Light Co. Intention is to all deposited as collateral for a note of $125,000 to Edison General
build an electric line between Hudson and Albany, to be oper Electric Co. of Boston, upon which, in January, 1899, about 3 years’
ated by the third-rail system; the new company, it was reported, interest was due.
RECEIVERSHIP— John B. Cockrum reported to be receiver. Indebt
would build a 10-mile connecting link between Niverville and Albany
and aho a new steel bridge at Rensselaer 1,900 feet long to cross the edness is 8aid to be over $200,000. In May, 1899, reported that road
New York Central and Boston & Albany railroads. It will also supply was now op erated by interests iriendly to the Indianapolis Streep
light and power along its route. Active operations were to be begun Railway, but a separate organization to be maintained.
at once. Has purchased water power at Stuyvesant Falls and other
O FFICERS—President, W. H. Schmidt, Indianapolis; Secretary, W.
places. William F. Sheehan, A. M. Young, Charles Cooper and others F. Milholla nd; Treasurer, J. R. Henry.—V. 64, p. 664, 754; V. 68, p
are said to be interested. Stook, $2,000,000. Bonds, $2,000,000, have 723, 871,927.
been authorized; Colonial Trust Co., New York, trustee.
I N D I A N A P O L I S S T R E E T R A I L R O A D . —A trol
ley system.
H U D SO N S T R E E T R A IL W a y O rganization .—Organized in 1899 and after acquiring the Citizens’
O rganization .—Incorporated in 1897. To be merged in Columbia
& Rensselaer R y & Light Co. (which see), and all the securities of the Street RR. oi Indianapolis and the City Railroad made a contract with
Hudson Street Railway will be retired. Road is 2*15 miles long, with the City of Indianapolis agreeing to surrender the rights and fran
chises of both companies and accept a new franchise running only
*25 mile sidings.
Stock is $50,000. First mort. $1,000 each; total issue, $50,000 cu r thirty-four years. The contract also provides that cash fares are not
rency, o*; dated 1897; due May 1,1907, 6 p. c., M. & N., at National to exc t ed five cents, with free transfers, and tickets are to be sold a^
Hudson River Bank, Hudson, N. Y.; mortgage trustee, C. H. Evans, the rate of six for twenty-five cents and twenty-five for one dollar
Hudson. Bonds subject to call at par on any interest day on 60 days
The company also binds itself to pay over to the city (which is to ex!
notice. In year 1897-98, gross, $13,699; net, $6,922; int. and taxes, pend it on the public works) the sum of $30,000 yearly, from 1899 to
$3,700; balance, surplus, $3,222. In 1896-97 gross, $12,621; net, 1925, and $50,000 yearly, from 1926 to 1932, inclusive, the contract
expiring in 1933—see V. 68, page 723.
$ 1,683—V. 67, p. 634.
C O L U M B IA & R E N S S E L A E R R Y . & L IG H T
IN G CO —To be a consolidation of Hudson Street Railway, Hud
STREET
STOCK AND B o n d s .— It is stated the company w ill issue $5,000,000
stock and $3,750,000 4 per cent bonds, besides assuming the $4,000,OOO outstanding bonds of the Citizens’ Street RR.
OFFICERS.—President, Hiram P. Wasson, Indianapolis.—. V. 68, p.
379, 427, 473, 571, 618, 671, 723, 871, 927.
Trustee is St. Louis Trust Co., of St. Louis, Mo. The bonds are not
subject to call before maturity.
Road—In August, 1898, owned 5 miles o f track.
O f f ic e r s — President, Wm, S. Hook; Secretary, Marcus Hook; Treaa.
urer, Francis Hook ; Superintendent, Marcus Hook.
J A M E S T O W N , N. Y .
IRONDEQXJO IT , N. Y .
P o pu latio n 1890 w a s 2,415; in 1880 w a s 1,986;
and in
47
RAILWAYS.
1870 w a s 3,990.
P o pu la t io n 1890 w a s 16,038; in 1880 w a s 9,357;
and in 1870 WAS 5,336.
JA M E STO W N
STR E E T
R A I L W A Y —A trolley
road.
ORGANIZATION—Incorporated Oct. 18,1883. Franchise runstill 1982
ORGANIZATION—Chartered May 19,1893, and Nov. 1,1893, leased the
Rochester & Lake Ontario Railway at the rate of 15 per cent per Population served said to be upward of 28,000.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
annum on its capital stock of $65,000. In April, 1898, property was
$100,000
...............
leased to the Rochester Ry. for 10 years. In 1898 made a 2d mort Stock ($250,000) par $50..............................
1st M. $300,000 gold, o*< 1893
6gJ-J
300,000 Jan. 2,1923
gage of $125,000 to the Roch. Trust & Safe Dep. Co. as trustee. Y.
$1,000.............................XInterest payable at State Trust Co., Trustee.
67, p.1209. In Nov., 1898, it was reported that the Roch. & Lake Bills payable June 30,1898..................................$218,728
Out. was to be equipped electrically and double-tracked. In May, Open accounts........................................................ 161,657
The mortgage is limited to $300,000 and covers all property and
1899, H. F. Atwood was appointed receiver. Interest on 1st mort
gage, due April, 1898, said to be in default, and floating debt $235,000 rights now owned or hereafter acquired.
In June, 1898, stock for $150,000 was unissued.
Stock ($700,000) par $100.$700,000 EARNINGS—Yearsending June 30:
EARNINGS— Year ending June 30,1898, gross, $88,142; net, $27,672;
1898.
1897.
1st mortgage 5s, A&O___ 350,000
Gross]............... ..$39,568 $36,454 other income, $2,760;interest and taxes, $29,948; bal., surplus for
(Due Oct. 1,1933.)
7,080
2nd mortgage, J&J.. .. 125,000 Net...................... 16,390
Other income_
_
9,479
11,306 year, $484. In 1896-97, gross, $85,002; net, $16,802; other income,
(Due July 1,1918,)
37,634 $1,705; interest and taxes $20,358 ; bal., deficit for year, $1,851.
Loans J une 30, ’98...........$221,000 Charges & taxes. 32,036
ROAD—Owns 9 miles of single Balance...............df .6,167df. 19,24 8
Road—Owns 18*67 miles of track, of which 3 miles is second track.
track; leases 6*046 miles single —V. 67, p. 1209; V. 68, p. 929.
OFFICERS
President, A. N. Broadhead; Vice-President, L. B .
track and *370 miles of sidings.
Warner; Secretary, W. S. Cameron; Treasurer, S. B. Broadhead.
Superintendent and Purchasing Agent, G. E. Maltby.
R O C H E S T E R & I R O N D E QUOIT
R O A D — trolley and steamroad.
A
R A IL
I R O N W O O D , M ICH .
P opu la t io n 1890 w a s 7,745; in 1899 ( estim a ted ) 9,000.
T W IN C ITY G E N E R A L E L E C T R IC —
STOCK & Bonds -
Dale. Interest. Outstand’g. Maturity.
S tock ...................................................................... $400,000 .....................
Mortgage, $125,000.........................
6
125,000 ......................
Old Colony Trust Co., Boston, is trustee of $125,000 mortgage.
ROAD—Owns 7*2 miles of track.
EARNINGS—For year ending Nov. 30,1898, gross from lights, $49,000; from railway, $14,800; total, $63,800; net after paying interest,
etc., $12,319. In 1896-7, total gross, $62,320.
OFFICERS—President and General Manager, E. D. Nelson; VicePresident, J T Byllesby; Secretary and Treasurer, H. F. Jahn.
EM.
.
I T H A C A , N. Y .
P opu la t io n in 1890 WAS 11,079; in 1880 WAS 9,105;
an d in
1870
w as
J A N E S V IL L E , W IS .
P o pu latio n 1890 w a s 10,836; in 1880 w a s 9,018
an d in
1870
w as
8,789.
J A N E S V IL L E ST R E E T R Y .-A
trolley road.
Franchise runs till 1916 and
gives exclusive rights to operate street railway in the city.
STOCK & Bonds—
Mis. Date. Interest. Outstand’g. Maturity.
Stock $50,000, par $100...................................... $50,000f.p......................
1st mortgage.................... 6
1892 6 A - O 75,000
Oct. 1,1912
Mortgage trustee is the Finance Company, Philadelphia, Pa.
Dividends in 1892, 6 per cen t; in 1893, 2 per cen t; in 1894, none.
Earnings—In 1893 gross, $12,691; net, $1,640.
ROAD— Owns 6 miles of track. Rail, 35-lb. TOFFICERS—President, G. W. Blabon, Philadelphia, Pa.; Vice-Pres.
James Shearer; See. and Treas., E. L. Blabon; Supt., Ferd. Green.
ORGANIZATION— Chartered in 1886.
8,462.
IT H A C A ST R E E T R A I L W A Y —
ORGANIZATION—Chartered Nov. 18,1884. Changed ownership about
May 1,1892, and property reconstructed. Leased the Cayuga Lake
Electric |Railway in June, 1894, for 49 years upon the terms that it
shall pay principal and interest of the leased roads, $25,000 first mort
gage. Owns 6 miles and operates 7*5 miles of track, extending to
Cornell University campus, railroad stations and steamboat landing
STOCK & Bonds—
Date.
Interest. Outstand’g.
Maturity.
Stock, $300,000,pr.$100
............................
$300,000
See text.
1st mortgage.................. 5 1892
6J - J
175,000 July 1,1922
XInt. payable at Farm. L.&T. Co., N. Y. City.
2d mortgage...................
1894
6 J-J
$75,000 July 1,1922
CayugaL.Elec.lstM.,gu
1894
6J-D
25,000 June 1,1922
Loans and bills payable June 30,1898, $25,724.
Stock—In 1893 the capital stock was increased from $175,000 to
$250,000. In July, 1895, additional stock for $50,000 was authorized.
Dividends.—In July, 1895, 3 per cent; in April, 1896, 3 p. o.; 1896-7,
2 1 percent; in 1897-8, 2*2 per cent.
?
BONDS—The Ithaca Street Railway Company owns and holds in its
treasury the entire stock of Brush-Swan Electric Light Co. (capital,
$50,000) and also the Ithaca Transfer Co. (capital, $2,500). The bonds
o f the Ithaca Street Railway Oo. cover the above properties.
E a r n in g s — For fiscal year ending June 30, 1898, gross, $59,127.
net, $12,366; other income, $16,015; interest and taxes, $29,037; div
idends, (2*3%) $7,500; balance, deficit, $8,156. ,For year 1897, Street
Ry. gross was $59,005; net, $16,704; other income, $11,930; interest
and taxes, $19,106; dividends (2^%) $7,500; balance, surplus, $2,028.
For year 1895-96:
Gross.
Net.
Int. < taxes. Surplus.
£
Street Railway receipts........ $61,425
$28,681
$17,595
$11,087
Brush-Swan Electric Light.. 28,052
11,933
75
11,858
Ithaca Transfer Co................ 5,324
1,147
26
1,119
J E F F E R S O N V I L L E C IT Y , IND.
P o pu la t io n 1890 w a s 10,666 ; in 1880 w a s 9,357 ;
AND IN 1870
was
7,254.
J E F F E R S O N V IL L E C ITY R A I L W A Y .—
ORGANIZATION—Incorporated January 14,1889. Sold in foreclosure
in August, 1896, to Edward Howard for $8,200.
Road—Oj©rated 5 miles of track with mules. Office, 57-59 Spring S*.
OFFICERS—President, E. J. Howard; Superintendent, E. Frazer.
J E R S E Y C IT Y , N. J.
P o pu la t io n 1890 w a s 163,003 ; in 1880 w a s 120,722 ;
an d IN 1870 WAS 82.546.
N O R TH JERSEY STREET R A IL W A Y —
ORGANIZATION— In January, 1898, the North Jersey Street Railway
absorbed the Newark & South Orange, 18 miles, and in May, 1898,
leased the lines of the Consolidated Traction Co. for 999 years.—V. 66,
p. 664, 955,1141. Control of the North Hudson County system, 50
miles (see Hoboken), was acquired in same interest in Jan., 1899 (V.
68, p. 41), and lease o f the same reported under consideration in May
1899, but report not confirmed.
In July, 1898, it was stated that the Orange & Passaic Valley Ry.
was controlled by or would have harmonious relations with the North
Jersey Street Ry. and intended to extend its line from Bloomfield to
oonnect at Upper Montclair with the North Jersey line building from
Montclair to Passaic and south from Orange Valley to South Orange.
—V. 67, p. 75. Control of New Jersey Electric Railway is understood
to have been secured in its interest in 1899.
STOCK & Bonds— Miles. Date. Interest. Outstanding. Lastdiv., etc
Stock................................................................. $5,000,000
..................
Totals................................. $94,801
$41,761
$17,696
$24,064 l8nor?I,V $1|i0n S n ^ --1898 4g. M-N 6,500,000 May 1, 1948
each ^
C
Manhattan Trust Co., N. Y., trustee.
President, Edward G. W yckoif; Secretaryand Treasurer, John A*
Mortimore, Ithaca, N. Y.; General Manager, Walter A. Belcher.
Interest at Fidelity Title & Deposit Co., Trustee, Newark, N. J.
Bonds—In May, 1898, made a mortgage to the Manhattan Trust Co.,
as trustee, to secure $15,000,000 50-year gold bonds, bearing 4 j)er
J A C K S O N , M ICH .
cent interest after May 4, 1899.—V. 66, p. 1046. In 1899 the two
P opu la t io n 1890 w a s 20,798; in 1880 w a s 16,105;
mortgages of the Newark & South Orange, aggregating $2,000,000,
and in 1870 w a s 11,447.
having been paid, were canceled of record. -V . 68, p. 425.
JAC K SO N S T R E E T R A I L W A Y —A trolley road.
R o a d — Owns 28 miles of track, and leases system formerly operated
O rganization—Chartered Aug. 24, 1881. In September, 1897, W. by Consolidated Traction Co., 187 miles; total, 215 miles. North
A. Foote, as receiver, was authorized to borrow $16,000 for repairs.
Hudson County Ry., 50 miles, operated in same interest. In Nov.,
In Feb., 1899, still in receivers’ hands and reorganization not agreed 1898, repoi ted to have arranged for an additional new route on the
upon.
west side of southern Jersey C ity; also an extension in Irvington.
Earnings—Of the old Newark & South Orange road (18 miles):
J A C K S O N V I L L E ILL.
1897.
1896. I
1897.
1896.
From pass’gers.$294,535 $289,705 Op.exp.<fcrep’rs.$lbO,626 $188,989
P opu la t io n 1890 w a s 12,935; in 1880 w a s 10,927;
Other incom e...
2,938
1.810 |Dividends........ 30,000 30,000
and in 1870 w a s 9,203.
For earnings of Consolidated Traction Co. see below.
J A C K S O N V I L L E R A I L W A Y —A trolley road.
OFFICERS (May, 1898).—President, Edward F. C. Young; Vice-Presi
O r g a n iz a t io n — Chartered Feb. 25,1867. Special perpetual charter.
dent, David Young; Secretary, Wilbur F. Johnson; Treasurer, E. N.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock $50,000, par $50.................................
$33,450 f. p........................ Hill; Auditor, E. H. Hibbs —V. 66, p. 277, 573, 664, 955,1046,1141;
1st mort., $75,000, gold.. 1892 6 g J - J
35,000
Jan. 1,1912 V. 67, p. 75,530; V. 68, p. 41, 525, 673.
48
STREET
RAILWAYS.
( 1 ) CONSOLIDATED TRACTION OF NEW JERSEY—
ORGANIZATION—Incorporated in March, 1893, to acquire control of
street railways in New Jersey. System reaches from Jersey City to
Newark, Orange, Elizabeth, Bloomfield, etc.; also carries passengers
to Passaic, thence by steamer to Bay Ridge, L. I., and via Long Island
RR. to Manhattan Beach and Coney Island. V. 65, p. 277.
HOn June 1, 1898, the property was taken over by North Jersey Traotion Co., which assumed all its obligations, under a 999-year lease that
guarantees 2 per cent on the stock for the first year, this rate increas
in g gradually until 4 per cent is reached at the end of eight years, 4
per cent being then guaranteed for the remainder of the lease.—V. 66,
p. 1141.
Dividends under lease will b e :
1899-1902,
1903,
1904-1905,
1906,
Thereafter,
2 per cent. 2 ^ per cent.
3 per cent.
3 ^ per cent. 4 per cent.
^ S tock & BONDS Jan .l,’98. Date. Interest. Outstanding. Divs., etc.
$15,000,000
See text
©took, all paid in..........................................
Underlying bonds—see below
......
6,658,000
........
&st mortgage, gold......... )
1893 5 g J - D
14,712,000 June 1,1933
$15,000,000 ($1,000).. J Interest at Manhattan Tr. Co., N. Y., trustee.
Other debts Jan. 1,1 89 8 ............................
$1,190,977
........
-Cost of road and equipment to Jan. 1 ,1 8 9 8 ........................ $37,132,552
Underlying Bonds.
"Newark Passenger Ry. 1st consol. 5s, J&J, guar. p. & i ___ $4,250,000
Interest at Peoples’ Bank, Philadelphia.
Newark Pass. Ry. sub. companies...........................................
1,600,000
Jersey City & Bergen Railroad ............................................
258,000
Passaic & Newark Electric Traction.....................................
550,000
The gold bonds of 1893 are free from tax and secured not only by
mortgage, but also by deposit of $1,000,000 stock of J. C. & Bergen
RR., $161,625 stook of Newark Plank Road Co., $6,000,000 stock
Newark Passenger Ry., and $99,100 stook of Jersey City Harrison &
Kearney Railway Co.
Road .—In May, 1898, there was in operation 193 miles of track, in
cluding :
Road Absorbed—
N. J. Traction C o ___Stock owned. J. C. Har. & K. RR...Stock owned.
Newark Pass’ger Ry. Stock owned. Newark Plank Road.Stook owned.
J. C. & Bergen R R .. .Stock owned. Passaio & Newark ELStock owned.
Stock, debts and mileage of the leased and controlled lin es:
Debts.
Miles.
Stock.
New Jersey Traction Co..................... None
$500,000
Newark Passenger R y.......................... 83
$5,850,000
6,000,000
500.000
504,000
Rapid Transit Street R y...................... 12
1,000,000
258.000
Jersey City & Bergen RR ................... . 41*2
100,000
Jersey City Harrison & Kearney Ry . 10
Newark Plank R o a d ............................
445
162,000
84,338
1, 000,000
Passaic & Newark EJeo. Trao............ 10% ,
550,000
Port Richmoud & Bergen Pt. Ferry.. ___ 4,000 shares
EARNINGS—10 months. > 1897-8..Gross, $2,56L,381; net, $1,309,143
July 1 to Apr. 30.
] 1896-7..Gross, 2,360,815; net, 1,179,582
For the year ending Dec. 3 1 : 1897.
1896.
1895.
From passengers......................$2,967,794
$2,779,264
$2,487,104
25,658
21,318
20,452
Other income............................
STOCK, Bonds, Et c .—Par.
Interest.
Outstanding. Last div., elc.
Stock,trustees’ certs.............. 11% J -D 30
$504,000
See text.
(1,000 5 g A -O
500,000 Apr. 1,1921
1st M. $500,000, g . . c* < Subject to call at 110 &int. any time after April
( 1,1901. Interest at office of Fidelity Trust &
Deposit Co., trustee, Newark, N .J.
Total cost of road and equipment to Jan. 1,1897, $1,004,000.
Dividends of 11% per cent yearly are guaranteed by the Newark
Passenger and New Jersey Traction companies upon the trustees’ cer
tificates issued for stock. Miles of track 12-07.
N E W A R K & H ACKENSACK
CO.— trolley road.
A
TR A C T IO N
O rganization—Incorporated Feb., 1899, as a reorganization per
plan in Y. «7, p. 127 (see also V. 66, p. 1090), of the Union Traction
Co. foreclosed Jan., ’ 99. V. 68, p. 383. The main route is from Hack
ensack (where connection is had with New York via Bergen County
Traction Co.) along the ridge between the Hackensack and Passaic
rivers, through the towns of Hasbrouck Heights, Woodridge, Carlstadt, East Rutherford, Rutherford, Lyndhurst, Kingsland, to Arling
ton on the east side and to Belleville on the west side of the Passaic
River, 30 miles of track; at Arlington connection is had with Newark
via North Jersey Traction Co. The road is in operation to Woodridge
and will presently be completed to Hackensack.
SEC0 BITIES PROPOSED BY MC CORMICK PLAN.
STOCK & BONDS—
Date. Interest. Outstanding. Maturity.
Stook, $650,000 ($50)............
(in voting trust) $650,000 ...............
1st M., $500,000, gold........
1899
5g.
500,000
1949
Coupons for first year are to be cut from all the $313,850 bonds is
suable in exchange for completion of the road; purchase of new equip"
ment bonds for $186,150 were reserved. The new mortgage will cover
the whole road, including the proposed extension. Stock is to be rep
resented by following voting trustees: W. G. Street, Frank M. Pierce
and William C. Giles, for two years, or until the trust shall be termi
nated by an instrument in writing signed by each of the trustees.
OFFICERS—Pres., W. G. McCormick; Vice Pres., W. C. Giles; Treas.,
John H. Coon.—V. 68, p. 383.
JOH NSTOW N,
PA.
P opu lat io n 1890 w a s 21,805; in 1880 w a s 8,380;
AND in 1870 w a s 6,028.
J O H N S T O W N P A S S E N G E R R Y .-A
trolley road.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity.
Stock $250,000, par $50............. Text. $210,200
...............
General mort. $250,000, ( 1890 6 M.-S
250,000
Mar. 1,1910
$1,000...... ................... 0 ( Interest at Fidelity Trust, Trustee, Phila.
Bills payable June 3 0 ,18 9 8 .............................................................$92,575
Dividends—In 1892,6 per cent; in 1893, July 1 ,6 p. c.; in 1894, July
Total.....................................$2,993,452
$2,800,582
$2,507,556 1, 6 p. o.; in 1895,12 p. c.; 1896, 6 p. 0.; 1897, 6 p.c.; 1898, 6 p. 0.
EARNINGS—Year ending June 30, 1898, gro-s, $113,031; net, $55,Operating expenses..... ............ 1,447.517
1,468,440
1,557,430
249; interest and taxes, $23,191; dividends, $12,612; bal., surplus,
Balance,
$1,332,142
$1,545,935
950,126 $19,446. In 1896-97, gross, $106,350; net, $50,157.
Road—Operates 11’3 miles of road; 17*8 miles of track July 1,1898.
(2) JERSEY CITY & BERGEN RAILROAD—
OFFICERS— President, Tom L. Johnson, Cleveland, O .; Secretary,
Road—Owns from Jersey City to Bergen Point, etc., total track, 4112 S. E. Young; Treasurer, Herman Baumer, Johnstown.
miles. Controlled by Consolidated Traction Co., all the stock being
deposited as pa ît security for the Traction Co. 1st mortgage.
STOCK & Bonds —
Date. Interest. Outstand’g.
Maturity
Stock................................................................ $ 1,000,000 f.p. . , ............
J O L IE T , ILL.
1st mortgage ($1,000).. o*. 1873 7 J . - J .
258,0<>0
Jan. Ï,Ï903
P o pu latio n 1890 w a s 23,264; in 1880 w a s 11,657;
Total cost of road and equipment to Jan. 1 , 189ß, $1,442,298.
and in 1870 w a s 7,263.
(3) NEWARK PASSENGER RAILWAY—Mostly electric.
JOLIET R A I L R O A D —A trolley road.
ORGANIZATION—Incorporated June 16, 1890. On July 29, 1893>
O rganization—Incorporated in March, 1898, as successor, by
leased to New Jersey Traction for 999 years, and so controlled by the
purchase in April, 1898, to Joliet Ry. (successor to Joliet Street Ry.,
Consolidated Traction Co. of New Jersey, the N. J. Traction Co. hav
sold in June, 1896), to which additional franchises were granted in
ing been leased to the Consol. Traction Co. of N .J . Jan. 2,1894, for
January, 1898. It was stated that $100,000 would be invested in
U99 years. Charter said to be perpetual.
extensions during 1898. Population in 1897 (local census), 35,000.
L ease and R ental —Rental under the lease, $105,000 yearly.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity.
STOCK & Bonds—
Par. Interest. Outstanding.
Maturity.
Stock, $300,0U0................................................. $300,000 .....................
Stock,
$100 Text.
$6,000,000 Own. by C Tr. Joliet St, Ry. 1st M. $75,000. 1889
6 M-N
75,000 May 2,1904
New. & Blm. St. Ry. 1st.... I _>_ 6 F -A
100,000 Feb. 1, 1901 Joliet RR., 1st con. M., gold 1 1898 5 g. M-N 325.000 May 1,1918
K
496,500 Apr. 1, 1905
\Ho <6 A - 0
$500,000 ($1,000 eaoh)... ) Portland (Maine) Trust Co., trustee.
: x 0 (? Int. at Manhattan Tr. Co., N. Y. City.
§ o m t. ax mannattan
Of the loan of 1898, $75,000 will be used to take up bonds due 1904.
»OH
Belle. & Newark 1st M___ I ioh 7 J -D
200,000 June 1,1900
M-N
Essex Pass. cons. M.......... I j
66 M-N
753,500
753,500 Nov. 1,1905
Road—Operates 21 miles ot track.
Newark & Irvington 1st... 1,000 6 J -D
50,000 June 1,1900
50,000
Earnings—In July, 1898, was reported to be earning upwards of
Newark Passenger con s.) 1,000 5 g. J - J
4,250,000 July 1,1930
$40,000 net yea rly: annual interest being $20,750. V. 67, p. 73.
1890, $6,000,000 g .. .0* s Trustee Solicitors Loan & Trust Co.. Phila
OFFICERS—President, W. F. Milliken, Portland, We.; Vice-President,
The $6,000,000 stock is all deposited as security for the Consolidated
G. F. Duncan; Secretary, Edward Woodman, Portland, Me.; Treasurer,
Traction Co. first mortgage.
Interest on consol. 5s is payable at First National Bank, Jersey H. P. Cox; Superintendent, C. O. Rush.—V. 66, p. 954 ; V. 67, p. 73.
•City; on other bonds at Manhattan Trust Co. of New York. The
consols are guaranteed principal and interest by the Consolidated
Traction Co. of New Jersey, and in February, 1895, the guaranty was
K A L A M A Z O O , M IC H .
stamped on the bonds.—Y. 59,
P o pu la t io n 1890 w a s 17,853; in 18*0 w a s 11,937;
Oonsol. Bonds—Of the $6,000,000 consols, authorized $1,600,000 are
and in 1870 w a s 10,447.
reserved to retire liens. The consols, are to be paid, principal and
interest, without deduction for any tax.
M IC H IG A N T R A C T IO N OF K A L A M A Z O O
Jan. 1,1898, total funded debt was $5,850,000 (no other debts re & B A T T L E C R E E K —
Trolley.
ported) and total cost of road and equipment was $11,850,000.
O r g a n iz a t io n —A consolidation in 1897 o f the Citizens’ Street Ry.
Dividend. First dividend (1 per cent) was declared in June, 1894.
of Kalamazoo and the Citizens’ St. Ry. of Battle Creek.
ROAD—January 1,1898, aggregated 83 miles of track.
Date. Interest. Outstand’g. Maturity.
EARNINGS are included in reports of Consol. Traction Co. of N. J. and Stock $500,000.....................................................
(Î)
...............
New mort., : 500,000($1,000) 1897 6 A&O
(Î)
1927
are not reported separately—V. 59, p. 969.
The new bonds will be issued to retire the $100,000 underlying bonds,
( 4 ) RAPID TRANSIT STREET RAILWAY.
and to construct connecting line of 27*a miles, contract for which was
ORGANIZATION—In February, 1892, leased to Newark Passenger Rail reported let in April, 1898 ; consolidated roads had 19 miles.
w ay, and included with it in lease to New Jersey Traction, and so f 01 ms
O f f ic e r s — President and Gen. Man.,L. N. Downs, Kalamazoo ; Vice.part o f Consolidated Traction system: Rental is 11% per cent on President, E. A. Greene. New Y ork; Secretary. Dee Allen, Battle
»to ck , besides interest, taxes, etc.
Creek; Treasurer, C. A. Stover, 33 Wall St., New York.—V. 60, p. 857.
STREET
KANKAKEE,
ILE.
RAILWAYS,
N O R T H E A S T E L E C T R IC R Y . - S e e Brooklyn Ave.
^Railway.
5,651.
K A N K A K E E E L E C T R IC R Y.— troU road.
A
ey
BROOKLYN A V E N U E R A IL W A Y —
O r g a n iz a t io n — chartered Jan. 7,1891.
O rganization—Successor to People’s Cable Ry., sold in foreclosure
STOCK & Bonds— Miles. Date. Interest. Outstand’g.
Maturity. March 14,1896, to J. H. Lucas for $185,000—V. 62, p. 549. In Janu
Stock, $6o,000 ($100)........................................
$50,000
............
ary, 1899, absorbed the Northeast Electric Ry., paying, it was said,
1st mm’tffaffA
5 - - *• 1891
6 J—
J
50,000 July 1,1911
s s ................ Î Trustee, the Northern Trust Co., Chicago, 111. about $400,000 theref or. The Northeast lines, it was reported, would
Road—In February, 1899, operated 8 miles of track.
be entirely rebuilt, the Brooklyn Avenue converted from a cable to
O fficers—President, E. Cobb ; Vice-President, Chas. H. Cobb ; Sec trolley line, and extensions made, at an expense of about $500,000. In
retary and Treasurer, W. C. Schneider; General Manager, C. H. Cobb April, 1899, it was reported the Central Electric had been incorpo
rated for the purpose of taking over the Brooklyn Avenue and the
North East Electric.
K A N S A S C IT Y , M O.
STOCK & Bonds—
Dale. Interest. Outstand’g. Maturity.
Stock.
........................................................
$250,000 ......................
P o pu latio n 1890 w a s 119,668; in 1880 w a s 55,785;
No. East El. 1st M., $250,-) 1896 5 g. J-J
250,000 July 1,1916
in 1870 w a s 32.260; in 1898 estim a ted a t 175,000.
000, g., ($100 & $500).o* >Interest at No. American Trust Co., N. Y .,
M E T R O P O L IT A N ST R E E T R A I L W A Y — Cable
Red. at 105 aft.July 1,’0 1 ) trustee.
New mortgage.................... 1899 ..............
(?)
.....................
and trolley.
Whether the Northeast 5s would be retired or any new bonds would
ORGANIZATION— Incorporated July 19, 1886. In May, 1894, the
com pany secured control, by purchase o f all the capital stock, of the be issued therefor, or for other purposes, could not be ascertained in
Kansas City El. (20'58 miles) and assumed the debt of that company February, 1899.
ROAD—Owns 14*9 miles of track on 7*6 miles of road.—V. 60, p. 1106
In like manner it controls Kansas City & Rosedale St. Ry. and South
Suburban St. Ry. In June, 1895, the charters of all the constituent V. 62, p. 549.
OFFICERS— President, John H. Lucas; Gen. Manager, W. H. Lucas.
companies were extended to 1925.—V. 60, p. 1105; V. 67, p. 634.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturely.
M ISSO U R I E L E C T R IC R Y .— o be a trolley road.
T
Stock (see above) .........................
Q.—F. $5,586,800 May 1,’99,1%
Corrigan Con. St. Ry. 1st >1886 5 g J - J
893,000 July 1, 1916
O rganization—Incorporated in October, 1898, to construct a
M. ($1,000) drn. at 1 1 0 .) Int. payable at Central Trust Co., N. Y.
General mort. ($1,000,000) < 1889 5 g M - S
1,000,000 Sept. 1,1909 double-track road extending to the southern city limits. Will also
operate the city end of the line of the Jackson County Electric Ry.,
gold................................... j Int. payable at New England Co., Boston.
controlled by the same interests, which is to build a live-mile double
Bonds assumed in consolidation o f 1895—
K C Cable 1st, M nyf in i 1887 5g. A -O $1,050,000 Apr. 1, 1901 track road from the city limits to Dodson and Swope Park. President,
*016 1*97 *nar ■n A i t Interest is payable in New York by Blair
gom, ii’ 97, guar. p. & i... ^ &Co#aildin Boston by New England Tr.Co. Henry Smith; Vice-President and General Manager, F. W. Sears;
Secretary, Chett M cDonald; Treasurer, B. F. Burd.
S^ e x l i n ti897.BI'.,..°.1 i 1887 5 A " 0
.d
$300,000 Apr. 1 ,1901
Grand Avenue Ry. 1st) 1888 5 g .J -J 1 0 1,200,000 July 10,1908
K E Y P O R T , N . J.
mortgage, gold............. o STrustee, Central Trust Co.
New mortgage—
P opulation 1890 was 3,411.
Metroplitan St. Ry. con. (1895 5g. M-N
3,721,000 May 1,1910
M ID D L E S E X & M O N M O U T H E L E C T R IC
mortgage, $8,500,000, < Not subject to call before maturity.
gold............................... o* ( Int. at Old Colony Trust, trustee, Boston.
L IG H T , H E A T & P O W E R .—
trolley an electric light.
d
Securities ot subsidiary roads—
Tbis company in 1899 acquired the Keyport & Matawan Street RR.
South Side St. Ry. 1st M...............
5
$12,000 June, 1899
Motive power to be changed from horse to trolley. Extension o f 12
Kansas City Elevated Ry.
1st M. pref ($600,000)
to 15 miles proposed Is also installing an electric-lighting system to
gold ($1,000)........... c* 1892 6 g J - J
$600,000 July 1,1922 supply the towns of Keyport, Matawan and South Amboy. Stock is
2,000,000 July 1,1922
l8l m ^ “ n( ’000>000)i 1 Interest ¿¿‘ Manhattan Trust Co.,' New $50,000. Bonds, $50,000,5 per cent, interest payable semi annually.
^
goia ($1,UUU)...............( York City, J-J.
Mercantile Trust Co. of New York, trustee.
ParkConnec.Ry.,p.&i.gu............ 6
___
30,000
............. 1..
OFFICERS,— President, John Karr; Secretary and Treasurer, Frank
Dividends—In 1895, 2 p. c.; in 1896, 2* p. c.; in 1897, 2 p. o.; in Bell, 120 Broadway, New York.
a
1898, Feb., *2 p. c.; May, *2 p. c.; Aug., *2 p. c.; Nov., 1 p. c.; in 1899,
Feb., 1 p. e.; May. 1 p. 0.
K IN G S T O N , N. Y ,
Bonds—1
The new consolidated mortgage for $8,500,000 is to be used
P opulation 1890 was 21,261, and in 1880 was 18,344.
as follow s: Reserved to retire when due the existing bonds of the
C O L O N IA L C ITY T R A C T IO N C O .-A trolley roadCorrigan, Metropolitan, Grand Avenue and Kansas City Cable issues
O rganization—Organized Jan. 9, 1896, as successor to Colonial
described in the table above, $4,550,000; for the purchase of the
property of the Kansas & Independence Rapid Transit Company, etc., City Electric Ry., sold in foreclosure Dec. 12, 1895. Estimated popu
being the amount of bonds issued on account of said properties by the lation in 1898, 25,900.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
late Kansas City Cable Railway Company Consolidated, $2,075,900
Stock..................................................................... $175,000
...............
{issued); for purchase of the West Side Railway Company, $330,000 1st mortgage, g o ld ............. 1896 5g. M-N
100,000 May 1,1926
75,000 May 1,1946
(issued); for desirable improvements to the present system and for 2d M. incomes, gold............ Ib96 5g. M-N
Manhattan Trust Co., N. Y., trustee of both mortgages.
future requirements the company held $329,000 consols in May, 1897.
Interest upon Kansas City Elevated By. 1st M. preference 6s is
Road—Operates 4*58 miles of track laid with 80-lb. girder rails. In
guaranteed, principal and interest by endorsement, and upon 1st M. October, 1898, extension to Bath Beach was proposed.
Earnings.—For year ending Deo. 31, 1898, gross, $24,740; deficit
common 5s 3 per cent per annum was guaranteed until July, 1895,
and 4 per cent thereafter.
from operation, $9,579; taxes, $1,050. Year ending June 30, 1897,
R o a d — The total mileage, after counting double track as twice single, gross, $26,750; deficit from operations, $7,322; taxes, $581.
O fficers—President, Charles M. Preston; Secretary, John E. Kraft;
is as follow s:
Miles.
Boads owned.
Miles. Treasurer, Abraham Hasbrouck.—V. 59, p. 1058,1064.
Main line (trolley)............... 45*45 Kansas City & Rosedale St.
K IN G STO N C ITY R A I L R O A D —A trolley road.
do.
(cable).................. 62*38
Ry. (trolley)....................... 6*46
So. Suburban St. Ry. (trol’y) 2*50
O rganization —Chartered June 5,1879.
Kan. C. Elevated Ry. (trol’y) 18*68
STOCK & Bonds—
Date. Interest. Outstand’g. Last div’d, etc
$150.000, $100...............................
June, 1897.
| Total (single).................... 135*47 Stock, $500 each............. 1879 7 J - J $150,000 June 12,1909
1st M.,
15,000
In March, 1899, it was decided to spend $1,500,000 in improvements Consols, $ i 50,000, $1,000 <1893 5 M - S
135,000 March 1,1923
Not sub.to call bef’e mat. \Interest at Farmers’ Loan & Trust Co., N. Y.
and extensions. In 1898 the Fifth Street cable line was converted into a
10,000 June 1,1900
trolley road, and in Nov., 1898, the Broadway horse line was rapidly Debentures........................ 1890 5 J - D
Bond and mortgage......
6qnar.
6,000 On demand.
nearing conversion into a trolley line. In Oct., 1898, it was reported
Dividends in 1895-96, 6 p. c.; in 1896-97, 6 p. o.; in 1897-98, 6, p. c.
that preparations were being made to equip all o f the cable lines with
Interest—Interest, except on consuls, is paid in Rondout.
trolley. V. 67, p. 736.
Road—Owns 3*6 miles of track in City of Kingston. Rails 70 lb.
EARNINGS—4 months, >1898........... Gross, $735,687; net, $336,274
EARNINGS—July 1 to Sept. 30,3 months, gross, $24,877; net, $13,593.
June 1 to Sept. 30. (1 8 9 7 ........... Gross, 665,266; net, 301,238
For years ending June 3 0 :
A nnual R eport .—Fiscal year ends May 31. Earnings of the system,
1898.
1897.
1898.
1897.
excluding the Kansas City Elevated, have been as follow s:
Av’ ge miles o p ... 3*6
2 85
T a x e s ......................$2,169 $1,698
Gross earnings..$60,746 $55,412 Dividends............... 9,000
9,000
1898.
1897.
19,812 Bal., sur. for year... 1, 56
454
Gross earnings. .1..........................
$1,766,253
$1,624,796 N e t..................... 21,584
8,660 Total sur. June3 0 .. 8,755
6,999
Oper, exp., incl. taxes....................
987,399
928,316 Interest paid___ 8,660
OFFICERS—President, S. D. Coykendall; Vice-President, General
$696,480
Net earnings...............................
$778,854
Other incom e....................................
223
3,680 Manager and Purchasing Agent, George Coykendall; Secretary and
Treasurer, Peter E. Schoonmaker: Auditor. O. L. Eastman.
Total income..............................
$700,160
$779,077
Oharyes K N O X V IL L E , TENN.
$437,274
Interest and guaranty.................
$445,321
50 Corrigan St. Ry. bonds retired.
f 3,238
52,050
P opulation 1890 was 22,535; in 1880 was 9,693.
Transferred to construction acct..
95,889
56,535
Cities Knoxville, North Knoxville and West Knoxville voted
Divio ends paid..................................
(2%)11I,736
(2*2%) 139,670
Miscellaneous ................................
30,155
(August, 1897,) to consolidate; population of consolidated cities esti.
$72-,292
$693,576 mated by officials of Knoxville Traction Co. in 1898 at about 52,000.
Total charges..............................
K N O X V IL L E T R A C T IO N
C O M P A N Y - A trol
Balance, surplus, for year.............
$50,785
$6,584
Kansas City Elev. RR., included above as to charges only, had for ley and electric light enterprise.
ORGANIZATION—A consolidation Mar. 30, 1898, of Knoxville Street
the year 1897-8, gross, $176,599; net, $101,806; int. on bonds. $116,000; def., advanced b y Met. St. Ry., $14,194. For 1896-97 gross RR., Union Ry., Citizens’ Ry. and West End Street RR , all o f whose
bonds, mortgages and stock have been surrendered and canceled. A ll
earnings, $150,096.
OFFICERS—President and Treasurer, C. F. Morse; Vice-President and the securities of Knox. Elec. Light & Power Co., a consolidation o f all
companies in Knoxville,
owned
Trac
General Manager. W. H. H olmes; Secretary, L. C. Krauthoff; Asst. the light and powerpledged as part security are the newby the below
tion Company, and
for
bonds
Secretary, J. A. Harder.—V. 65, p. 112, 1115; V. 67, p. 4 7 9 , 634, 736. I described.—V. 66, p. 709.
P opulation 1890
was
9,025 ;
in
1880
was
60
STREET
RAILWAYS.
Franchise is perpetual and gives “ practically exclusive ” right to
operate street railways in the city.
STOCK & Bonds—
Par. Interest. Outstand'g. Maturity.
Stock, $750,000....................... 100
............
$750,000
............
Is tM .o f’98, $850,000, gold, >$1,000 5g.A&0
850,000 Apr. 1,’ 38
tax iree.............................. >Int. at trustee, Balt. Tr. & Gu. Co., Balt.
Bonds will have sinking fund of $10,000 yearly after stock pays 5
per cent dividend, hut will not he subject to call. As said above,
mortgage covers the electric light and power plants as well as the
30 miles of road.
Road—Owns about 30 miles of trolley road.
EARNINGS— For nine months ending Deo. 31, 1898, gross, $139,736;
net, $72,899; charges, $37,130; balance, $35,769.
O f f ic e r s —President, Frank S. Hambleton, Baltimore; Vice-President
and General Manager, C. C. H ow ell; Secretary and Treasurer, W. S
Shields.—V. 66, p. 709.
K O K O M O , IND.
P o pu latio n 1890 w a s 8,261; in 1880 w a s 4,042;
and in
1870
w as
2,177.
K O K O M O C ITY S T R E E T R Y .— trolley road.
A
In
Jan , 1899, Charles L. Harry was appointed receiver. V. 68, p. 130.
Purchased at foreclosure sale on Jan. 28,1899, by W. P. Stevens of
Detroit, owner o f Kokomo Railway & Light Co., and it was said $90,000
bonds would be issued and road improved and extended.—V. 68, p. 282.
STOCK & Bonds— Miles. Date. Interest. Outstanding. Maturity.
Stock..................................................................
$100,000
.................. .
1st M., $75,000........
4 78 1892 6 M - N
75,000 Nov. 1,1912
Road—Operates about 4 7s miles of track in Kokomo.
OFFICERS— President, Fremont Woodruff, D etroit; Vice-President,
L. J. Kirkpatrick, Kokomo; Secretary and Treasurer, William P.
Stevens, Detroit.—V. 68, p. 85,130, 282.
STOCK & Bonds—
Date. Interest. Outstand'g.
MaturityStock for $10,000,000..$100 ............................$8,751,600 ....................
Receiver’s certificates.................... . ...............
(?)
..................
( 1893 5i*g.F-A
572,500 Aug. 1,1923
1st M., $700,000, gold, $1,000 < Feb., 1896, coupon not paid when due.
( Trustee is the Lancaster Trust Co.
( 1894 5g. J-J 1,247.800
Jan., 1924
Consol. M. for $2,250,000 c.* < Trustee, Provident Lire & Tr. Co., Phila.
( January, 1896, coupon last paid.
Other fund, debt June 30,’98................................ $190,200
do unfunded debt.......................... ..........
235,470
Securities o f lines controlled.
LancasterCityRR.,lstM .g o* 5 1890 5g. A-O
160,000 Apr. 1,1920($100 and $500).................. ( Trustee, Atlantio Trust Co., New York.
W.E St.Ry. 1st M., $225,000 j 1891 5 M-N 225.000 May 1,1921
$100, $500 and $1,000 ..o* \ Trustee, Atlantic Trust Co., New York.
Lancaster & Columbia stock.
30 F - A
37,500 Aug.,’97,15%
1st mortgage......................... 1893 5 A - O
225,000
1923
Road—June 30,’9 8, operate 63 miles of track, including old Lancaster
Traction, 29 miles; Lancaster City Street Ry., 18 miles ; Lancaster &
Columbia, 8 miles ; Lancaster & Latitz, 10 miles. The Phila. Lancaster& Harrisburg Ry. Co., with authorized capital of $6,000,000, was incorporated in July, 1895, to build to Philadelphia. Extension of 17
miles reported to be proposed in 1899.
EARNINGS—For year ending June 30,1898,gross, $194,167; net, $64,714; taxes, $20,609; interest on bonds, $110,525; miscel., $6,297.
BALANCE SHEET JUNE 30, 1898.
Construo’n and equip. $10,762,100 Capital stock.............. $8,751,600
8,974 Funded debt...............
2,010,500Miscellaneous............
Profit and lo s s ..........
231,996 Bills payable, etc.......
240,971
Total......................$11,« 03,070
Total......................$11,003,070
OFFICERS— President, J. J . Patterson; Secretary, John S. Graybill,
Treasurer, H. Yeagley.
INDEX— V. 66, p. 83; V. 67, p . 1208.
L A N S IN G , M IC H .
L A C O N IA , N. H .
P opu la t io n (t o w n s h ip ) 1890 w a s 6,143; in 1880 w a s 3,790;
and IN 1870 w a s 2,309.
L A C O N IA ST R E E T R A IL W
a y O r g a n iz a t io n —Successor to the Laconia & Lakeport St. R y.in 1894.
Population in 1897 about 10,000. In August, 1898, a controlling in
terest had been purchased by Charles T. Foster and H. L. Pierce of
Leominister, Mass., and George H. Cook of Athol, Mass., and line was
being converted into an electric line.
STOCK Et c .—
Dividends.
Outstand'g.
Last Div.
Stock, $100,000 (par $50)....... See text.
$50,000
4%, '94-95
8,000
..................
Unfunded debt June 30,1898.......................
D ividends—Id 1893-94 paid 5. c.; in 1894-95 paid 4 p. c.
Road—Owns 3-63 miles of track. In spring of 1899 the road will be
extended to Weirs, 4 miles, and the entire system made standard gauge.
EARNINGS— For years ending June 3 0 :
1898.
1897. I
1898.
1897.
Gross................... $9,124
$9,865 |Int. and taxes... $990
$1,027
N e t .....................
684 1,664 I Bal. for year....def.306
sur.652
Other income...................
15 |
OFFICERS—Pres., H. L. Pierce; Treas., C. T. Foster; S ec., E . Little.
L A CROSSE, W IS .
P opu la t io n 1890 w a s 25,090 ; in 1880 w a s 14,505 ;
an d in 1870 WAS 7,785.
L A C R O SSE C IT Y R A IL W
a y
O r g a n iz a t io n —Chartered Nov. 17,1885.
-
Franchise runs till 1938.
STOCK & Bonds— Miles. Date. Interest. Outstand'g. Last div.,etc
Stock ($200,000),par ....................See below. $200,000 f. p. £
$100.......................
1st mort., $175,000,) 10% 1893
6g. J - J 125,000 Jan. 1,1918
Subject to call Jan. 1,1903.
gold, $1,000........... i
Interest at Northern Trust Co., trustee, Chicago, 111.
D iv id e n d s — For 1892, 7 per cent; 1893, none; 1894, 7 per cent.
ROAD—Owns 10% miles in oity of Lacrosse.
OFFICERS—President, B. E. Edwards; Vice-President, W. W. Cargill ;
Secretary, H. E. West ; Treasurer. G. H. Clark.
P o pu latio n in 1890 w as 13,102; in 1880 w a s 8,319;
a n d in
1870
w as
5,241.
L A N S IN G C ITY E L E C T R IC R Y .— trolley road.
A
ORGANIZATION—Franchise granted in 1889 and runs 30 years.
Interest was in default, but subsequently paid.
STOCK & Bonds—
Dale. Interest. Outstanding.
MaturityStock, $100,000...........................................
$100,000
..................
1st M., $100,000, gold.
1896 5 g. J&J.
100,000
Jan. 1,1945
Trustee is Continental Trust Co., N. Y.
R o a d — Owns 10 miles of track, 11 motor cars and 7 trailersEARNINGS —Jan. 1 to June 30, 1897 (6 months), gross, $12,295; net,
$2,965. Pres, and Gen. Man., L. N. Downs; Seo. and Treas., Laureno
Barrett.
----------
L A N S IN G D E X T E R & A N N A R B O R E L E C
T R IC R Y .— he a trolley road.
To
ORGANIZATION— Chartered in 1898. To extend through the places
named, about 60 miles, connecting with the Detroit Ypsilanti &
Ann Arbor RR., making a complete electric line from Detroit to Lans
ing of over 80 miles. Expected to be completed about August, 1899.
Stock, $250,000. In Jan., 1899, it was understood that the Westinghouse Co. had arranged to float bonds to be issued to the extent of
$1,175,000. President, C. A. Mapes, Lansing, Michigan.
L A W R E N C E , M ASS.
P opulation
in 1895 was 52,164; in 1890 was 44,654; in
was 39,151; and in 1870 was 28,921.
1880
L O W E L L L A W R E N C E & H A V E R H IL L
ST R E E T R A I L W A Y -A trolley road.
O rganization—Chartered April 29,1892.
Population of Lawrence by 1895 local census, 52,164.
Has passed into possession of a Boston syndicate represented by E.
Rollins Morse & Bro. and Tucker, Anthony & Co., and will be united
with other roads in a general combination of lines in Eastern Massa.
chusetts. See “ Massachusetts Electrical Companies’’ on next page.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
Stock, $1,900,000 ($100)............. See text. $1,500,000f.p. Apr. 1,’99,1
..................
do $400,000(5 p.c. pd.) .........................
20,000
Merrimack Valley Streets 1891 5g.A -0
350,000 Apr. 1, 1911
Railway 1st mort. gold. \Interest at Inter. Tr. Co., trustee, Boston.
L A F A Y E T T E , IND .
Lowell Law. & Haverhill ( 1893 5g.J-D
$1,041,000 June 1 ,1 9 2 3
P opu la t io n in 1890 w a s 16,243 ; in 1880 w a s 14,860.
consol. M., $1,900,000, < Subj. to call for the sink. fund, at 105 &int
gold, $1,000................ c~ ( Interest at Am. L. & T. Co., trustee, BostonL A F A Y E T T E S T R E E T R Y - - A trolley road.
People’s St. Ry. of Ames- (
STOCK & BONDS—
Dale. Interest. Outstanding.
Maturity.
bury, Mass, 1st mort-< ....................
$64,000
..................
Stock (common), per $50.................................
$260,050
...............
gage bonds, assumed... t
do preferred,..............................................
38,000
...............
Oonsols of 1893 are reserved for Merrimack Valley bonds when due.
1st mort. ($1,000 each).. | j j eaj Estate Trust Co., Philadelphia, trustee.
DIVIDENDS.— I d 1897, July, 1 p. o.; Oct., 1 p. o.; in 1898, April, 1 p. o.;
Owns 17*2 miles standard-gauge road.
jn April, 1 p. c . ; July, 1 p. e.; Oct.. 1 p. c.; in 1899, Jan., 1 p. c.; April,
OFFICERS— Pres.,Warren G. Griffith; Seo. and Treas., J .T . Henderson
1 p. c.
Road—Connects Lowell, Lawrence, Haverhill, etc.
Miles. I
Miles.
LANCASTER, PA.
First track............................... 54*4 Trackage rights.......................... 1-8
Second traok............................. 8’6 '
——
P opu lat io n 1890 w a s 32,011; in 1880 w a s 25,769;
Sidings...................................... 1*5 I Total of all Sept. 3 0 ,18 9 8 .. 66'3
AND IN 1870 WAS 20.233.
Total owned in fee..................64'5 |
P E N N S Y L V A N IA T R A C T IO N — trolley road.
A
In April, 1898, absorbed the People’ s St. Ry. of Amesbury, Mass.,
ORGANIZATION— Chartered in 1893 and secured control of the entire giving $65,000 first consols to retire $65,000 People’s Ry. capita, stock,
street railway system in Lancaster, Pa.
and assuming all debts oi latter, including $64,0001st mort. bonds. In
RECEIVERSHIP— On Nov. 30,1896, William B. Given of Columbia, Deo., 1898, petitioned Legislature for an amendment to charter rela
Pa., was appointed receiver.—V. 63, p. 969,1011.
tive to capital stock.
R e o r g a n iz a t io n C o m m it t e e — Receiver William B. Given, Samuel R .
LATEST Earnings—3 months S1899...Gross, $94,385; net, $16,278
Jan. 1 to Mar. 31.
(1 8 9 8 ...Gross, 88,121; net, 21,225
Shipley, President of the Provident Lite & Trust Co. of Philadelphia,
A nnual R eport —For years ending Sept. 30 earnings have b e e n :
J. W. B. Bausman, President of the Farmers’ National Bank of Lan
Interest,
caster, and John D. Skiles, President of the Fulton National Bank,
Gross
Net.
tax., etc. Dividends.
Balance.
also o f Lancaster. New company, it is said, will be the Conastoga 1897-98............$452,444
$199,865 $109,625 $60,000 sur. $30,239
Traction Company.—V. 67, p. 1208.
1896-97.......... 428,010
168,656
84,928
30,000 sur. 53,728
1895-96.......... 410,000
162,209
86,872
sur.
75,337
CERTIFICATES— Farly in 1897$30,600 receiver’s certificates were is
OFFICERS.— President, G. H. Campbell, Lawrence; Treasurer, G.
sued, and to August, 1898, $20,000 had been retired. A further issue
E. Tripp, Ames Building, Boston.—V. 65, p. 1022; V. 68, p. 672.
was proposed for extensions.—V. 66, p. 83.
STREET RAILWAYS
Ä1
M A SSA C H U SE TTS E L E C T R IC A L C O M PA
N IE S. —Electric light and street railways.
ORGANIZATION— Organized in 1897 and purchased the Brunswick A
Topsham Ry., 3 1 miles; also purchased the Brunswick RR., and in
«
This company was in process of formation in May at the time this August, 1898, the Lewiston & Auburn RR., subject to $85,000 first
number of the S u pplem en t w as being sent to press. It is understood mortgage bonds; also has leased the Bath Street Ry., 4 ^ miles, for 999
thatthe capital is to be not less than $24,000,000, of which one half will years, from Jujy 1,1898, at 4 p. c. on $100,000 stock. Extensions
be 4 per cent cumulative preferred slock and the other half common were being pushed in November, 1898, entire system to embrace OS1
«
stock. It is to be a combination of the electrio street railways and miles, connecting Bath with Brunswick, Lewiston, Auburn, Turner,
electric light companies in Eastern Massachusetts and Rhode Island. Sabattus, etc.
STOCK & BONDS—
Date. Interest. Ontsland’g. Maturity.
The combination has been promoted by a Boston syndicate repre
sented by E. Rollins Morse & Brother and Tucker, Anthony & Co. Stock, $500,000; par, $100..... ......................... $500,000 ............... .
1st mort., $1,000,000, g o ld .... 1898 5g.M-S
700,000 Mar.,1918
The following is a list o f the companies which it is understood will be
Underlying securities—
Bath Street Ry—
absorbed:
Stk. au. $300,000, par $100.............. 4 J -J $100,000
..................
Beverly & Danvers,
Needham & Boston,
1st mort., $300,000, g old ... J 1893 5g. J -J
70,000 July 1,1913
Boston Milton < Brockton,
fc
Newport & Fall River,
$1,000............................... o* 4 Subject to call after July 1,1898.
Braintree Street Railway,
Newport Street Railway,
Lewiston & Auburn RR. 1st M. 1891 5 J-D
85,000 June 1,1911
Brockton Bridgewater & Taunton, , Newport Illuminating Co..
Of the $1,000,000 new 5 per cent bonds of 1898 $155,000 are held
Brockton Street Railway,
Norfolk Central,
Brockton & East Bridgewater,
I Norfolk Suburban,
in trust to retire the underlying bonds, $70,000 to purchase Bath
Dighton Somerset & Swansea,
|North Woburn Street Railway,
Street Ry., $700,000 were delivered for corporate purposes, and the
Globe Street Railway (Fall River), I Providence < Taunton,
fc
remaining $75,000, upon certificate that the $700,000 have been faith
Gloucester Essex & Beverly,
Quincy & Boston,
Gloucester Street Railway,
Reading & Lowell,
fully used, may be issued for 75 per cent of cost of extension addition
Gloucester & Rockport,
Rockport Street Railway,
or improvements approved by State Railroad Commissioners.
Hyde Park Electric Light Co.,
Salem & Wakefield,
R o a d — Owns former Brunswick RR.,
miles, and former Lewiston
Lowell Lawrence & Haverhill,
Taunton Street Railway,
Lowell & Suburban,
Wakefield & Stoneham,
& Auburn RR., 141« miles, and also operates under lease from July 1,
Lynn & Boston,
West Roxbury & Roslindale,
1898, Bath Street Ry., 4*3 miles. Bath to Lewiston, 26 miles, and
Mystic Valley,
Woburn & Reading.
Lewiston to Sabattus, 6 miles, operated from Sept., 1898. Projected.'
Nashua street Railway,
—V. 68, p. 977.
Lewiston to Turner, 12 miles; total, 66*2 miles.
OFFICERS—President, A. H. Shaw, Bath, Me.; Vice Pres, and Gen.
LEAVENW ORTH, KAN.
Man., A. F. Gerald, Fairfield, Me.: Treas., I. C. Libby, Waterville, Me.
P o pu lation 1890 w a s 19,768; in 1880 w a s 16,546;
General Office, Waterville, Me.—V. 66, p. 1001; V. 67, p. 481, 634.
AND in 1870 w a s 17,873.
L E A V E N W O R T H E L E C T R IC R R .-A trolley road.
ORGANIZATION— Chartered in 1894. Has a perpetual franchise.
L E X IN G T O N , K Y .
STOCK & Bonds—
Miles. Date. Interest. Outstand’a. Maturity
P opulation 1890 was 21,567 ; in 1880 was 16,656 ;
Stock $300,000, par $ 1 0 0 ....................................... $250,000 f n
V
and in 1870 was 14.801.
1st mort, for $300,000 ( 1 3 ^ 1894 6g. A -O 250,000
i9 2 4 "
gold, no option...... c. ( Int’st at Atlantic Trust Co., trustee, N. Y. City
B E L T L IN E E L È C T R IC CO.— trolley road.
A
In May, 1899, all the street railways of Lexington, together with ice
Road , Et c .—Owns in-fee 14*2 miles of trolley track, of which S1
«
miles are in the oity of Leavenworth, 3 miles to Fort Leavenworth and factory and electric light plant, were purchased by a syndicate repre
2 miles to Soldiers’ Home and 1 mile to Mt. Munoie Cemetery.
sented by John L. Williams & Sons, of Richmond, and Middendorf,
E arnings—For the fiscal years ending June 30 :
Oliver & Co., of Baltimore.
Gross.
Not
ORGANIZATION— Formed in 1889. The Belt Line Electric, the Pas
Interest. Bai., suro.
1898 (Cal. year).. $61,144
$23,775
$15,000
$8,775 senger & Belt Ry. (formerly leased), the Central Electrio and Hercules
1897....................... 68,706
24,464
15,000
9,464 Ice Co. were on Feb. 1 merged into a single corporation under the
OPFICERS—President, Newman Erb; Vice-President, H. N. Smith
name of the Lexington Railway.
Secretary and Treasurer, J. P. Edrington.
PASSENGER & BELT R Y —A trolley road.
S tock & Bonds— Miles. Date. Interest. Outstand’g. Maturity.
L E A V E N W O R T H & L A N S IN G R A I L W A Y
Stook, $100 shares............................................. $1,000,000 .......................
T o be a trolley road.
1st mort $200 000 C ^ * 1891 b g. A-O
135,000 1 Apr. 1,1906
Stock, $150,000; outstanding, $20,000; par, $100. Bonds, $150,000, l8<rr.iu0rt’ ’ ^
_ ($15,000 bonds due yearly.)
\to Apr.1,’ 15
g0 a ......................... ( 13
1891 6 g. A-O
50,000 Apr. 1,1916
6 per cent, gold, J&J, due Jan. 1,1918, outstanding, $20,000. U. 8.
2d M., $250,000,gold. 13
....... 6 g. A-O
250,000 Apr. 1,1916
Trust Co. of Kansas City, Trustee. Under construction from Lansing
Interest on first mortgage is payable at office of the American Trust
to Fort Leavenworth, Kan., 10 miles, of which Ha miles completed in
& Savings Bank, the mortgage trustee, Chicago, 111.; on second mort
Feb., 1899, and remainder to be completed in afew months. President,
gage at the Security Trust & Safety Vault Co., Lexington, Ky.
C. H. Chapin; Vice-President, Geo. F. Nealley; Secretary, E. B. Merritt;
Road—Operates 13 miles of track on 11 miles of street.
Treasurer, H. G. Pert.
OFFICERS— President, R. Lancaster Williams; Vice-President, George
W. Damali; Treasurer, R. P. Stoll.—V. 68, p. 380, 977.
LEBANON, PA.
P o pu lation in 1890 w a s 14,664; I n 1880 w a s 8,778 ;
and in
1870
w as
6,727.
L IM A , N. Y .
L E B A N O N & A N N V IL L E ST. R Y .— trolley road
A
P o pu latio n 1890 w as 1,003; in 1880 w a s 1,878.
H passed into the control of the U
as
nited Pow & Transportatioi
er
C pany, w ich has also acquired the U
om
h
nited Traction of R in L I M A - H O N E O Y E L I G H T & H R . . —A trolley road.
ead g
Owns a 4*2 mile road over private right of way between the villages
and som other roads. S reference u
e
ee
nder R
eading.
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity.
Stock (par $50)............................ semi-an.
$100,000
Feb.,’98.2%
1st mtg., $100,000. .o* ) 1892
5 J-D
100,000
1912
$100, $500 & $1,000 SInt. at Lebanon Tr. & S. D. Bank, trustee.
On June 30.1898, loans payable were $7,000.
R oad—Owns 13 miles of track ; leases 5 miles Lebanon & Myerstowi
St. Ry.
E a r n in g s — For year ending June 30,1898, gross, $39,015; net, $14,■939; interest and taxes, $6,052; rental, $1,995; dividends, $2,000; bal
ance, surplus for year, $4,892.
OFFICERS—President and General Manager, J. M. Shenk.
L E O M IN S T E R , M A S S .
P o pu latio n in 1895 w a s 9,211; in 1890 w a s 7,269;
in
1880
w as
5,772;
an d in
1870
w as
3,894.
L E O M IN S T E R & C L IN T O N S T R E E T R A I L
W A Y —A trolley road.
O r g a n iz a t io n , E t c .— Built in 1896. Owns a park three miles from
Leominster. In 1896 Leominster was reported to have a population
•of 10,000 and Clinton 12,000.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturity.
Stock $ 1 5 0,0 0 0 ............................................
$150,000
..........
1st M., $150,000 ($1,000) ) 1897 5 g. A -0
150,000
Apr. 1,1917
subject to call at 105, s. > Interest at Amer. Loan Trust Co., Boston,
f., gold..........................c ) Trustee.
15-year coupon notes---- 1897
6 A-O
45,000
Anr. 1.1912
Loans Oct. 1.1898.........................................
31,327
First mort. sinking fund $2,000 per annum, beginning Oct. 1,1898.
ROAD—Owns 12*17 miles of traok.
E a r n in g s — i ear ending Sept. 30,1898, gross, $43,626; net, $18,239;
interest, taxes, etc., $18,420; balance, deficit, $183. In 1897, gross,
$40,588; net, $18,493; interest and other charges, $18,912; balance,
deficit, $420.
OFFICERS.—President, C. E. Barnes; Clerk, J. F. Butman.
L E W IS T O N , ME.
P opu la t io n 1890 w a s 21,701; in 1880 w a s 19,083:
AND in 1870 w a s 13.600.
L E W IS T O N B R U N S W IC K & B A T H ST. R Y
— A trolley road.
of Lima and Honeoye Falls. In Jan., 1899, A.M. Hall of Buffalo was ap
pointed receiver and application made to borrow $12,500 to operate
the road, the machinery in power house being defective and operation
of road having been discontinued.
Stook, $125,000; par, $100; all issued. Bonds, $40,000 30-year
gold 5s, dated Oct. 1,1898 ($500 each); interest at Buffalo Loan Trust
& Safe Deposit Co., Buffalo, N. Y., trustee; none sold Nov. i , 1898.
President, Albert L. Williams, of Buffalo, N. Y.; Sec. and Treasurer,
John C. Conway.—V. 67, p. 901.
L IM A , O H IO .
P opu la t io n 1890 w a s 15,981; in 1880 w a s 7,567;
an d in 1870 w a s 4,500.
L I M A R A I L W A Y —A trolley road. Population 1898 (local
estimate), 25,000.
ORGANIZATION— Incorporated Nov. 5, 1896. Capital stock is $200,000. Bonds, $180,000. Extensions and improvements have been
made and road is reported in first-class condition.
Road—Operates 11 miles of track. Extension o f ^a mile proposed
in 1899.
Latest E a r n in g s .—4 m os.> 1899..........Gross, $13,773; net, $4,134
Jan. 1 to April 30.
51898..........Gross, 11,155; net, 2,942
E a r n in g s —Year ending Oct. 3 1 ,1898, gross, $41,467; net, $16,003!
in 1896-7, gross, $35,523; net, $12,911. President, E. W. Moore; VicePresident, Edwin Stone; Secretary, Treasurer and General Manager,
Charles Currie, Lima, Ohio.—V. 62, p. 502.
L IN C O L N , N E B .
P opu la t io n 1890 w a s 55,154; an d in 1880 w a s 13,003.
L IN C O L N T R A C T IO N — trolley road.
A
ORGANIZATION— Successor in January, 1898, to Lincoln Street R y .,
foreclosed Dec. 17,1897, and reorganized per plan in V. 65, p. 277.
S tock & Bonds— Miles. Date. Interest. Outstand’g.
Maturity.
Com. stock, par $100.......................................
$*65,000
.......
Preferred cumulative.....................
5 p .c.
700,000
lstm ort.gold,$1,000;) ___ 1897
5 p .c.
100,000
1919
$100,000 auth........ j Trustee, N. Y. Security & Trust Co.
For year 1898, gross, $113,305. In 1897, gross $95,901; net, $6,566
STREET
52
RAILWAYS.
Road—Owns about 40 miles of track. In Oct., 1898, an extension to
Havelock, 2*a miles, was completed.
O fficers—(Jan , 1899) : President, M. L. Scudder ; Vice-President,
Wm. Belcher; Secretary and Treasurer, F. H. Carter.—V. 66, p. 82,
134, 336
T ota l............................................ .$276,496
charges.......................................
L IT T L E R O C K T R A C T IO N & E L E C T R IC -—
ORGANIZATION—Incorporated 1895; controls all street rail ways in city
STOCK & BONDS—
Date. Interest. Outstand g
Maturity
$500,000
Stock, $500,000: par $100.
I 1895 6 g. J-D
400,000 June 1,1915
1st mort.bonds,$450,000,g.;
__
i
(see text), $1,000each.c* Interest at St. Louis Trust Co., trustee.
2d M.,$300,000, g. ($1,000) 5 1895 6 g. J-D
300,000 June 1,1915
red. after 5 years at 104 ( Old Colony Trust, Boston, trustee.
Firsts, Nos. 1 to 300, redeemable after 10 years from their date at
par, but redeemable- before 10 years at 102; balance are 20-year
straight. Road—Operates 20 miles of track.
OFFICERS—President, A. N. Johnson; Secretary, G. B. Rose; Treas
urer, Charles F. Penzel, all of Little Rock, Ark. Index -V . 60, p. 1009.
LOCK H A V E N , PA.
P o pu latio n 1890 w a s 7,358; in 1880 w a s 5,845.
$125,620110,878
$188,080
... $14,742
Surplus for year.........................
L IT T L E R O C K , A R K .
P opu lation 1890 w a s 25.874; in 1880 w a s 13,138.
Net.
1898.
$98,643
26,483
494
-------- G 9SS.-----------,
r<
Earnings—Year end’g Sept. 30.-- 1898.
1897.
Railroad............................................ .$167,784
$137,279
Lighting............................................ . 54,912
50,801
Pleasure Bay................ .................. » 53,800
OFFICERS- President, G. B. M. Harvey ; Treasurer, A . C. Twining,
32 Nassau S t , N.Y. City; Superintendent, S. F.Hazelrigg.—V. 65, p.8 6 7 .
A T L A N T IC H IG H L A N D S R E D B A N K &
L O N G B R A N C H E L E C T R IC R Y .— trolley road.
A
R eceiver—Jam E. D
es
egnan is receiver.— 66, p. 1043.
V.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
Stock *500,000 ($100) . . . . ...............................
$398,000 ......................
1st mort «toon non
„51895 5 g. J-J
398,000 July 1,1945
1st mort., $500,000, g ...... °| in t. at Hamilton TrustCo., Bklyn, trustee.
R eorganization C ommittee —a committee, of which Silas B .
Dutcher is Chairman, w ill submit a plan and effect a reorganization.
Depositary, Continental Trust Co. of New York.—V. 67, p. 1054.
Road—Red Bank to Long Branch, 6*3 miles, and 2d track, 2*a miles;,
in Long Branch, 3 miles; in Red Bank, l^s miles; total owned, 13 ^
miles; trackage between Red Bank and Belford (N. J. S. RR.), 5
miles; total operated, 18 *3 miles.
Earnings—Y ear ending Dec. 31, 1897, gross income from passen
gers $38,185 ; from other sources, $2,975.—V. 67, p. 1054.
LO CK H A V E N T R A C T IO N — trolley road.
A
ORGANIZATION—This company was organized in March, 1895, and
(eased for 999 years the Lock Haven Electric Ry. Receivership—In
September, 1897, William B. Given was appointed reoeiver in the
foreclosure suit under first mortgage.—V. 65, p. 685. In Oct., 1898,
receiver was authorized to issue $3,500 certificates to build a short
extension.
STOCK & Bonds—
Miles. Date. Interest. Outstand'g. Maturity.
Stock $300,000................................................... $300,000 .................. ..
«BiKnnnn
5 - - - - 1895
6 A -°
150,000 Apr. 1,1920
1st M., $ idu ,uuu........ i Trustee, West End Tr. & Safe Dep. Co., Phila
June 30,1898, accounts payable were $27,679.
R o a d —Six m
iles track.
EARNINGS—Sept. 29,1897to June 30,1898, gross, $9,918; net, $133.
In 1896-97, gross, $17,288; net, $2,693.—V. 65, p. 685.
L O C K P O R T , N. Y .
Population
in
1890
was
16,038;
in
1880
was
13,522.
B U F F A L O & LO C K P O R T ST. R Y .—
Trolley.
In 1899 bought up by a syndicate and control transferred to the In
ternational Traction Co. See statement of the latter under Buffalo.
O r g a n iz a t io n — Incorporated in April, 1898, in interest of the B u f
falo & Niagara Falls Electric Railway. Leased branch of Erie RR. from
Lockport to North Tonawanda for 99 years and equipped it electrical,
ly. Carries both freight and passengers over this portion o f the line.
Also absorbed Look City Electric, which operated 5 miles of track in
Lockport and was sold under foreclosure June 8,1898. The Buffalo
Kenmore & Tonawanda Electric Ry. was purchased in its interest on
Aug. 22,1898, at foreclosure sale. The Buf. Ken. & Ton. also before
the sale operated under lease the Elmwood Ave. & Tonawanda Eleo.
Ry., 2% miles. V. 67, p. 427, 529.
STOCK & Bonds—
Date. Interest.
Outst’ding. Maturity,
Stock, $1,000,000...........
..................
$1,000,000
1 at ivr crnM
ooo OOO J
1898 5 g., J—
J
500,000 July 1, *38
1st
gold, $1,000,000. ^
colonial TrustCo., N. Y , Trustee.
ROAD—North Tonawanda to Lockport, 15 miles, opened as an elec
tric line in Aug., 1898, and to be double-tracked. Lockport, local, 5
miles. Former Buf. Ken. & Ton. tracks are used from North Tona
wanda to Buffalo. In Oct., 1898, extension northward from Lockport
to Olcott, 10 miles, reported to be proposed. Total track in Jan.,
1899, reported as 21 miles.
OFFICERS— President, W. C. Ely, Niagara Falls, N. Y.; Sec. andTreas.,
Richard F. Rankine, Niagara Falls, N.Y.—V. 66, p. 1088; V. 67, p. 529.
L O N G B R A N C H , N. J.
P opu la t io n 1890 w a s 7,231; in 1880 w a s 3,833.
A T L A N T IC COAST E L E C T R IC RR.-Trolley.
O rganization—Incorporated in May, 1895. Leases the Seashore
Electric Railway of Asbury Park for 50 years at $10,000 per year and
owns $150,000 of the $200,000 total capital stock of latter company
(making net rental $2,500) and owns all of the stock of the West End
& Long Branch RR. and of the Asbury Park & Sea Girt RR. Also owns
entire stock of the Atlantic Coast Electric Light Co., which supplies
the electric lights of Asbury Park, Darlington, Allenhurst, Belmar,
Ocean Beaoh, Como and Spring Lake.
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
Stock, $1,500,000($100) .......................... $1,500,000
....................
1st mort., gold, $1,000,- > 1895 5 g. M-N *1,000,000
May 1,1945
000............................. . > Int. at Knickerbocker Tr. Co., N. Y., trustee.
„ „
. «Knoonn 5 l 89®
5 J -J
460,000
1946
wen. mort., $ouu,uuu.. £ interest at Knickerbocker Trust, N. Y.
A+l Coast PIm Light 1st M 5 interest at State Trust Co., N. Y.
Pnast Elec. Light, 1 st M. £
5 J—
D
237,000
June 1,1945
Atl.
L O N G I S L A N D C IT Y , N. Y .
P o pu lation 1890 w a s 30,506; in 1880 w a s 17,129;
and in
1870
w as
3.867.
F L U S H IN G & SO U TH S H O R E R R - T o be trolley
O rganization—Incorporated in 1898 to construct a standard gauge
road from Flushing to a point on the Long Island RR. between Fenhurst and Woodsburgh, Queens County, 15 miles. Stock, $150,000Long Island RR. Co. is understood to be interested.
N E W Y O R K & N O R T H S H O R E R Y .O rganization—In 1898, 60 miles of new track projected onyo miles
of road. Sto ck, $1,000,000. A mortgage covering the new construction
has been made to the New York Security & Trust Co., as Trustee, due
Dec. 1,1927, to seoure $1,500,000 30-year gold bonds ($1,000 eaoh), o f
which $100,000 had been issued in Nov. 1898. V. 67, p. 29. May be
merged later in the N. Y. & Queens Co.—V. 64, p. 567.
N E W YORK
COUNTY R e
June 26,1896. A consolidation o f the
Long Island City street roads, including Steinway Ry., etc.—V. 63, p. 229The Electric Illuminating & Power Company, said to supply practi
cally all the electric lights used in Long Island City, is understood to
be owned and operated, its net income amounting to about $30,000 per
annum. The earnings are kept separate from the street railway. T o
June 30,1897, theN. Y. & Q. C. RR. Co. had invested $565,000 in the
“ El. Ill & Power Co., this amount being included in the $1,078,750 o f
loans and bills payable then outstanding.
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
Stock, $2,500,000 ($100) ..................... .
$2,000,000
..................
Flush. & Coll. Pt. 1st M ... 1895
5 J&D
50,000
1925
Newtown Ry. 1st M....... 1894
5 J&D
150,000
D eo» 1924
Steinway Ry. 1st M., gold? 1892
6g. J - J
1,500,000 July 1,1922
$1,000 ..................... c* >Int. at State Trust Co., trustee, N. Y. City.
N.Y. & Queens Co. 1st M .,) 1896
5g. A-O 2,000,000
1946
gold, $1,000 each........ 5 Interest is in default.
3
1,120,000
..................
“ Synd’teloan” Dee.31,’ 98 ___
El. 111. & Power 1st m .. . . 1897
5F A
(9)
Aug. 1 ,1 9 2 7
On December 31,1898, the syndicate loan was $1,120,000; “ loan»
and bills payable” (additional), $169,571.
Mortgage of 1896 is for $4,200,000, of which $500,000 for equipment
and extensions and $1,700,000 for underlying bonds.—V. 63, p. 229.
Road—The 8J stem includes about 65 miles of trolley track, includ
ing main line, 34°s m iles; second track, 261 ; sidings, 4 1
e
4.
L atest E a r n in g s .— 6 mos. ending Deo. 31:
Int., taxes,
Bal.,
6 months.
Gross.
Net.
Oth. ine.
etc.
def.
1898........................ 225,146
100,296
14,312
130,006
15,398
1897........................ 225,275
95,116
14,544
126,931
17,269
REPORT for 1897-98 in V. 67, p. 735, showing:
Gross.
Net.
Oth. ine. Int. < taxes. Bal.,sur.
6
1897-8.........$408,949
$157,672
$28,808
$254,844 df.$68,365
1896-7......... 404,458
172,051
69,543
215,947
25,649
DIRECTORS—President, W. H. Shelmerdine, 421 Chestnut St., Phila
delphia; Secretary and Treasurer, I. M. Tritt, 29 Broadway, New
Y o rk ; R. T. McCabe, W. K. Mathews, E. L. Bushe, Benjamin Orne, J.
R. Beetem, of New Y ork; E. J. Mathews, of Philadelphia, and C. D.
Simpson, of Scranton, Pa.—V. 67, p. 29, 7 3 5 , 737; V. 68, p. 130.
&
QUEENS
organization —Incorporated
L O R A I N , O.
P opu lat io n 1890 w a s 4,863; in 1880 w a s 1,595.
(In 1895
estim a ted a t
10,480.)
L O R A IN & C L E V E L A N D R R .—
See Cleveland.
L O R A IN S T R E E T R A I L W A Y — trolley road.
A
STOCK & Bonds— Bar. Date. Interest. Outstand'g. Maturity.
Stock $200,000.... $100 ..........................
$200,000 ......................
« Other debts ” (Dec. 31,1897), $162,415.
1 s tM., $200,000... 1,000 1894
6 J-J
200,000 Jan. 1,1915
* Bonds—Of the $1,000,000 firsts $200,000 are reserved to retíre a
Interest at Guardian Trust Co., Cleveland, the mortgage trustee.
like amount of Seashore Ry. (of Asbury Park) 6s, subject to call in 1897.
Road—Owns road 10-11 miles in length, extending through the city
R oad—Belt Line in Asbury Park and extends from Asbury Park of Lorain to Elyria; total track, 10-66 miles. Of the track 7-8 miles is
through Long Branch to Pleasure Bay, 24 miles. In June, 1898, leased on private right of way (land owned in fee simple); rails, 70-lb. T.
and began operating its cars over the Asbury Park & Sea Girt tracks to
Earnings—For year ending Dec. 31, 1898, gross, $64,476; net,
Belmar, 2S m iles; total 26*2 miles.—V. 66, p. 616. Connects at Long $33,601. In 1897, gross, $48,635; net, $21,962.
Branch with Iron Steamboat Co. for New York.
OFFICERS—Pres„F. M. Haines; Sec. andTreas., Wm. A. Donaldson.
STREET
LOS AN G E LE S
CAL.
P o pu la t io n 1890 w a s 50,395; in 1880 w a s 11,183;
an d in
1870
w as
53
RAILWAYS.
5,728.
LOS A N G E L E S R A I L W A Y —
O rganization—Successor by consolidation Sept. 29, 1898, of Los
Angeles By. and Main St. & Agricultural Park RB. and by purchase of
the Mateo St. BB. and San Pedro St. BB. Y. 68, p. 85. Population In
1897 estimated at 115,000.
In 1899 acquired control of the Los Angeles & Pasadena Electric
Railway, receiving the stock of the road in consideration of the guar
anty of the bonds.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
«took, $5,000,000 (par, $100)............................. $5,000,000 ..................
Special ctfs., $500,000, gold. 1896 5g.sem-an. See text. Jan.1,1900
Mortgage, $3,000,000, gold, ( 1895 5g. M -S16 See text. Sep. 16, ’25
sinking fund in 1905, not < California Title Ins. & Tr. of San Frandrawn................................ c* t cisco, trustee.
New m ort, $5,000,000 gold < 1898 5g. A -0
(1)
Oct. 1,1938
$1,000 e a c h ......................c* l Int’ st at Co’ s Office, San Francisco, Cal.
The Trustee of the new mortgage of 1898 will be the Union Trust
Co, of San Francisco, Cal. On 30 days’ notice interest may be made
payable at the National City Bank, New York.
In Oct., 1898, the company’s officials stated that “ all outstandina
securities of the constituent’s properties are to be retired.”
EARNINGS—For 6 months ending June 30, 1898, gross, $342,013,
net, $129,507. Year 1897, gross, $681,325; net, $227,696 ; charges,
$41,704; balance, surplus, $185,992. Year 1896, gross, $693,480.
Road—About 90 miles o f road.
OFFICERS— President, H. E. Huntington; Vice-President, Antoine
Borel; Treasurer, I. W. Heilman; Secretary, J. T. Burke, 530 California
Street, San Francisco.
INDEX— V. 67, p. 634, 789. ; Y. 68, p. 85.
T E M P L E S T R E E T C A B L E R Y — steam road.
A
O rganization—Chartered Oct. 31,1885. Operates 4% miles o f track.
Rails 38-lb. girder. Stock, $400,000; 1st M. gold 6s, dated 1896, $100,000 ; interest in default. Receiver, E. T. Wright ; Pres., E. E. L efebvre.
L O U IS V IL L E , K Y .
Po pu la t io n 1890 w a s 161,129; in 1880 w a s 123,758;
in 1870 w a s 100,753; and in 1899, e s tim a te d , 235,000.
L O U IS V IL L E R A I L W A Y —
Trolley road.
O r g a n iz a t io n —Incorporated Jan. 22,1867.
A Kentucky company
owning all the street railways in the city of Louisville and its suburbs.
The real estate is valued at$700,000. In Oct., 1898, additions to power
plant, reported to cost $80,000, were completed; total cost, $200,000.
STOCK & BONDS.— Date.
Interest.
Outstand’g Last div., etc.
Com. stock ($100 sh.).........
2*a A.-O. $3,500,000 Apr.1,’98 li*%
Pref. stock 5 p. o. cum........
5
A .-O .
2,500,000 A p l.l,’9921
a%
Louisv. City By. M ... \ 1884 6 g. J. - J.
609,000 July 1,1909
do
do M., gold ( Trustee, Louisville Trust CO., Louisville, Ky.
Central Pass. By. M ...1882 6
M.-N.
108,000 Nov. 1,1902
Central Pass Rv M \1888 6
M.-N.
292,000 Nov. 1,1908
central pass. n y. . ^ in terest payable at First Nat. Bank, Louisville.
L^ T d R $6C000 000 i 1890
5 g.J. - J.
4,992,000 July 1,1930
fisted N?YO .’ c* SInterest payable by Seligman & Co., N. Y.
Stock. — June, 1897, $500,000 of common (leaving $3,500,000) was
In
converted into preferred, making $2,500,000 preferred, on payment of
$50 per share to be used for improvements.
DIVIDENDS— On preferred 5 p. c. per annum. On common—In 1896,
p. c.; in 1897, 2 ^ p. o.; in 1898, Apr., l ^ p. c.; the Oct., 1898, and
April, 1899, dividends were passed, owing to tax suit.—V. 67, p. 690.
R o a d —Owns 145 miles of track on 83 miles of street, of which (May,
1898), 135 electric and 10 animal power. The last mule line in the
LOS A N G E L E S P A C IFIC
R R . - A n electric, steam city was changed to trolley early in 1898, most of the work of con
version having been paid for out of earnings.
and horse road.
A n n u a l R e p o r t — Fiscal years ending Dec. 31. Annual meeting
ORGANIZATION— Formed in 1898 by consolidation of Pasadena &
Pacific BB. companies of Arizona and California, the Los Angeles Feb. 19. Report for 1898 was given in V. 68, p. 376.
Tear.
1898.
1897.
Paoifio By. o f Arizona and California, etc.
Tear.
1898. 1897.
Gross earn.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity. N e t..............$1,297,394 $1,238,041 Taxes............... $119,406 $81,699
578,821 607,115 Dividends....... 146,875 203,125
Stock, $1,000,000; par, $100.................................. $1,000,000 .................
Interest pd.
310,140
310,361 Bal., surplus..
2,400 11,930
New mortgage.......................... 1898
5
(?)
1928
OFFICERS— President, T . J . Minary; Secretary and Treasurer, J . M.
Bonds Of the new bonds of 1898, $750,000 to be used to retire Pasa.
dena & Pacific By bonds, dollar for dollar; remainder for improve Pettus—V. 64, p. 4 6 6 ,1 1 8 1 ,1 1 2 5 ; V. 66, p. 5 1 9 , 857; V. 67, p. 690;
V. 68, p. 3 7 6 .
ments, extensions and new equipment.
R o a d — Owns two lines of trolley road from Los Angeles to Santa
Monica, the entire local system of Santa Monica, with branch lines to
Hollywood, Laurel canyon, Santa Monica oanyon, Soldiers’ Home and
Elysian Park, constituting about 71 miles o f railway, of which 54 miles
electric, 10 miles steam and 7 miles horse railway.
O FFICERS -President and Manager, E. P. Clark; Vice-President,!.
Boss Clark; Sec., A. I. Smith; Treas., M. E. Hammond.—V. 66, p. 1140.
LOS A N G E L E S T R A C T IO N -A trolley road.
e t c .—1 hartered in 1895, franchise runs until 1944.
C
Capital stock is $250,000. First mortgage secures $250,000 gold bonds,
$1,000 each, dated 1895, due May, 1915; interest 6 p. c., M. & N., pay
able at Chase National Bank, New York; Union Trust Co. of St. Louis,
mortgage trustee.
R o a d —In February, 1899, 26 miles of track laid with 60-lb. rail and
operated. In April, 1898, it was reported that extension to San Pedro,
was contemplated. In December, 1898, extension in Los Angeles
proposed. For year 1897 gross earnings were $81,752. From Jan. 1
to Dec. 1, 1898, gross, $99,640.
ORGANIZATION,
LOS A N G E L E S & P A S A D E N A E L E C . R Y ORGANIZATION—A reorganization of the Pasadena & Los Angeles
Elec. By. and consolidation with the Pasadena St. RB., City Ry. and
Colorado St. By. companies. Road extends Los Angeles to Pasadena
and Pasadena to Altadena, embracing all local lines in Pasadena.
Controlled by Los Angeles Railway. Stock sold to same in consid
eration of the guarantee o f the bonds.
STOCK & Bonds—
Date. Interest.
Outstand’g. Maturity.
Com. stock ($100 sh.), (
«aa ¿nn
$1,000,000
...................(
......................
bee,400
L O W E L L , M ASS.
P o pu la t io n in 1895 w a s 84,367; in 1890 w a s 77,696; in
1880
LOW ELL
w as
59,475;
an d in
1870
& SUBURBAN
w as
40,928.
ST R E E T
R A IL
W A Y . —A trolley road.
Is to be included in a combination of all the roads in eastern Massa
chusetts—see “ Massachusetts Electrical Companies” under Lawrenoe.
O r g a n iz a t io n —A consolidation May l , 1891.
STOCK & Bonds— Miles. Par. Interest. Outstand’g Last Div., etc.
St’kauth.,$1,200,000 . . . . $100
Text. $1,000,000
Text.
1st M. 1891, gold.c* . . . . 1,000 5 g. J-D 1,000,000
Dec. 1,1911
Loans & bills pay. Oct. 1,'98 ..........................
361,618
.................... .
Interest in Boston by the American Loan & Trust Co., trustee.
Dividends—In 1892-93,1893-4, 6 per cent; 1894-95,6 per cent; 189596, 6 per cent; 1896-97, 6 per cent; 1897-98, 6 per cent.
Road—64’8 miles of main track; sidings, 3 7 miles; total, 68*5 miles.
A nnual R e p o r t — For years ending Sept. 30 earnings have b e e n :,
1898.
1897. I
1898.
1897.
Gross earn’gs.$393,104 $381,804 |Dividends.......... $54,000 $48,000
Net earnings.. 155,045
147,503 , Bal., surplus__ 13,530 11,848
Int.,taxes, &c. 87,515
87,655 |
OFFICERS—President, Edward M. Tucke; Sec’y and Gen. Man., P. F
Sullivan; Treasurer, Percy Parker.—V. 63, p. 1 0 6 1 ; V. 65, p. 1022.
LOW ELL
L A W R E N C E & H A V E R H IL L .
See Lawrence, Mass.
.................
5
&
750,000 Jan. 1,1928
Mort, gold guar. $1,000,- 1898 at g., J.Tr. J. Sav. Bk., Chic., trustee,
Int.
111.
&
000, $1,000, c*
or Chase Nat. Bk., N. Y.
Sink. fd. of $10,500 per year begins Dec, 1,1908, and bonds may be
called at 105 any coupon day after Jan. 1,1908. Guaranty of Los
Angeles Railway endorsed on bonds.
R o a d —Owns 35'80 miles of track, of which 33‘46 are operated by
electricity and 2 ‘34 by horses. OFFICERS (Dec., 1898)—President,
C. W. Smith; Treasurer, F. C. B olt; Auditor, H J. Chatfleld ; General
office, Pasadena.—V. 68, p. 85.
LYNCHBURG, V A .
P opu la t io n 1890 w a s 19,709; in 1880 w a s 15,959
and in
1870
w as
6,825.
L Y N C H B U R G E L E C T R IC R Y . & L IG H T .
ORGANIZATION— Successor in Aug., 1898, to Lynchburg Elec. Co.,
sold under foreclosure on Feb. 28,1898. The company petitioned for
an extension of its charter 30 years from Jan. 19, and it was said over
$50,000 would be spent in improving the road. V. 67, p. 274. In
Oct., 1898, new franchises were reported to be granted. Stock auth
orized $250,000—all issued. Bonds, $150,000 1st mortgage 6s, gold,
P A S A D E N A & M O U N T W IL S O N R A I L W A Y
—A combination cable and electric railway known as the Mount Lowe dated 1898, due 1941. State Trust Co., Trustee. None issued Nov., ’ 98.
R o a d — Said to operate 5 ^ miles of track on 2?g miles of street.
road. Built by Prof. T. S. C. Lowe. Located on the mountains above
O f f ic e r s — President, R. A. C. Smith, 100 Broadway, New York; D.
Pasadena. Sold at foreclosure for $190,000 in March, 1899, and
bought by Arthur L. Haws, representing Valentine Peyton of Dan D. Mallory, 100 Broadway, New York.—V. 67, p. 274,
ville, 111.—V. 68, p. 673.
S A N G A B R IE L V A L L E Y T R A C T IO N C O .To be a trolley road.
ORGANIZATION— Incorp. March 10, ’98. Road projected from Los An
geles to Pasadena, with branches to Alhambra, Sierra Madre, Monro
via and Duarte, in all 22 miles. In June, 1898, franchises had been
obtained from Los Angeles to South Pasadena and applications were
pending for franchises from South Pasadena to and through Pasadena.
Stock authorized, $1,000,000; issued, March 10,1898, $22,000; no
bonds. Directors —President, Walter S. M axw ell; Sec. and Treas’r,
S. P. Anderson; Jas. S. Graham, Bradner W. Lee and Albert Hadley.
LYNCHBURG
R A IL W A Y .
&
R IV E R M O N T
STREET
S tock AND Bonds— Miles. Date. Interest. Outstand’g. Maturity.
Stock.......................... ......................................... Abt. $75,000
....... .
1S
($500and($ l<
000each) l ’ " 1898 5 8- J“D $100,000 June 30,’ 28
8 ^ 1 * ^ 0 0 0 yearly .? ! > interest at Nat. E x. Bank, ’ Lynchburg, V
a.
Mortgages cover the combined railway and eleotrio light plant.
R o a d — Operates 5 ^ miles of track on 2 miles of streets. In March,
1899, was building an extension of 1*2 miles.
OFFICERS-President, H. P. Woodson; Vice-President, J. P. Petty
john; Secretary and Treasurer, J. T. Bowman.
STREET
54
RAILWAYS,
Road—Feb. 1899, operated 11 miles of track; 22 cars; brick boiler
house; two large engines and generators; iron car house. Rails, 45 lb .
T . The line extends from Manistee to Filer City, East Lake and
AND in 1870 w a s 10,810.
Stronach, Oak Hill and Parkdale. In spring of 1899 3 miles o f track
M A C O N C O N SO LID ATE D ST R E E T R R S tock AND BONDS— Date. Interest.
Outstand'g,
Maturity. are to be bu ilt; also 1 condensing engine, 8 more cars and 1 M. P.
300 generator. A park on shore o f Lake Michigan was also being built.
Stock, $500,000............ ...................
(! )
...................
............
See text.
...............
EARNINGS— For year ending Dee. 31, 1898, gross, $38,635; net,
1st mortgage................. 1895
Ref. M., $350,000, gold, ) 1899 5 g ., M.-S.
See text.
Mar.1,1929 $16,893. In 1897, gross, $36,159; net, $15,250.
($1,000each), subj. to > Old Colony Trust Co., Boston, Trustee.
OFFICERS—President, Treasurer and Purchasing Agent, G. A. Hart;
callaft.Mar.l,1904.c* 3
B o n d s — Of the refunding 5s, $345,000 were reserved to retire an Yice-President, R. R. Blacker; Secretary, George W. Swigart.
■equal amount of lets of 1895, and the remaining $5,000 were to he
issued as soon as all the lsts had been thus exchanged.
M A N S F IE L D , O H IO .
Road—I n 1898 was operating 25*2 miles of trolley track laid with
P opulation 1890 w a s 13,473; in 1880 w a s 9,859;
and in 1870 WAS 8.029.
from 30 lb. to 48-lb. T rails.
EARNINGS—For year ending Dec. 31,1898, gross, $78,764; net, $28,C ITIZE N S’ E L E C T R IC
RY.
L IG H T
&
076; interest and taxes, $24,723; balance, surplus for year, $3,353. P O W E R CO.— trolley road.
A
President, S. R. Anthony; Secretary, D. K. Snow; Treasurer, W. A.
O rganization—Charter renewed in 1898 for 25 years. Successor to
the Mansfield Electric Street Ry. Owns also an incandescent light
Tucker. Office, 53 State St., Boston, Mass.—V. 68, p. 872.
plant with about 7,000 lights.
M A C O N E L E C T R IC L IG H T & R A I L W A Y .—
STOCK & Bonds—
Date.
Interest. Outstand’g. Maturity.
O rganization , ETC.—Name originally Macon & Indian Spring Elec Stock, $400,000..................................................'
$125,000 ..................
6 A-O
125,000 Apr., 1911
tric St. Ry., changed in 1898. Owns 7 miles of track, 10 motor cars and 1st mort., $125,000 ($100 5 1891
and $500)...........................<Tnt. at office, Rush Taggart, N. Y., Tr.
6 trail cars. Capital stock authorized, $100,000; issued, $60,000. Bonds
In April, 1898, stock was increased from $125,000 to $400,000.
for $100,000 have been authorized. In May, 1898, purchased at fore
Road—Owns 9 miles of track. Extension proposed to Shelby, 3 miles.
closure sale for $40,000 electric-light plant of Macon Gas Light &
President, S. N. Ford.
Water Co., and in Nov., 1898, was constructing new power house;
also increasing power plant to 1,000 horse-power and intended to add
M A R IO N , 1ND.
other machinery. Owns 3,600 light alternator. V. 66, p. 1089. Presi
P o pu lation 1890 w a s 8,769 in 1880 w a s 3,182;
dent, Gen. Manager and Purchasing Agent, T. J. Carling,
an d in 1870 w a s 1,658.
M A R IO N CITY R A I L W A Y - A trolley road.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
M A D IS O N , W I S .
$500,000
..................
Stock, 8500,000................................................
P opu la t io n in 1896 w a s 18,884; in 1890 w a s 13,429;
1st mortgage, $400,000,) 1895 6g. M-N
400,000 May 1,1915
IN 1880 WAS 10,324; AND IN 1870 w a s 9,176.
gold ($1,000)................ c ) Interest at Nat. Broadway Bank, N. Y.
M AD ISO N E L E C T R IC R A I L W A Y - A trolley road.
Mortgage trustee, Francis A. Palmer.
ORGANIZATION—A reorganization in Feb., 1898, of the Madison City
Road—25 miles of track from Marion to Jonesboro and Gas City. E x
Railway foreclosed in Deoember, 1897
tension from Marion to Fairmount and Summitville, 18 miles, com
STOCK & Bonds— Miles. Date. Interest. Outstanding. Maturity.
Stock, «7 5 ,0 0 0 ....................................................
$75,000
............ pleted August, 1898, forming with Union Traction line a continuous
1st M. $150,000 g o ld ) 8 ^
1898 5 g F-A
140,000 Feb. 15,1918 road between Anderson and Marion, 35 miles.
$500....................c.* ( Int. at Savings & Trust Co., Cleveland, Ohio.
EARNINGS—Year ending Deo. 31,1896, gross, $77,139; net, $32,252;
ROAD—Owns 8 ^ miles of standard gauge trade, of which 6 ^ miles in interest paid, $19,142; taxes, $2,072; balance, for year, $11,038.
city limits and 2H extend to Elmside, Schuetzen Park and Cemetery.
OFFICERS— Pres., Eli Halderman; Sec. and Treas., C. W. Halderman.
OFFICERS.— President, F. W. Oakley, Madison; H . R . Newcomb, Sec
retary and Treasurer, Cleveland, O.
M ACON, GA.
P o pu latio n 1890 w a s 22,746 ; in 1880 w a s 12,749 ;
M A R IO N , O H IO .
P opulation 1890 w a s 8,327; in 1880 w a s 3,899
M A H A N O Y C IT Y , P A .
P o pu latio n 1890 w a s 11,286; in 1880 w a s 7,181;
and in
1870
w as
5,533.
L A K E S ID E R A I L W A Y — trolley road.
A
ORGANIZATION—Chartered January, 1893.
Charter is perpetual.
Default.—In Nov., 1898, contested suit which might result in the
appointment of a receiver was pending. Y. 66, p. 760; V. 67, p. 371.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock (par $50).............................................
$250,000
...................
1st M., $250,000, gold ( 1893 6 g. M-N
200,000
Nov. 1,1923
$100, $500, $1,000.... ( In default since May, 1898. Equitable Trust
Co., Philadelphia, trustee.
In November, 1898, a proposition for reducing rate of interest on
bonds to 4 per cent had been accepted by nearly all the bondholders.
Road—H as completed and in operation 5*2 miles of road, connecting
Mahanoy City with Shenandoah. Projected to extend to Delano and
Lakeside or East Mahanoy Junction.
Earnings—Gross receipts about $27,000 annually.
Dallas Sanders, President, Drexel Building, Philadelphia. V. 66, p
760; V. 67, p. 371.
M A N C H E S T E R , N. H.
P opu lat io n 1890 w as 44,126; in 1880 w a s 32,630;
an d IN 1870 WAS 23,536.
M A N C H E S T E R ST R E E T R Y .— trolley road.
A
O r g a n iz a t io n —Incorporated July 20,1876, under perpetual charter.
Controls all street roads in Manchester and West Manchester. In
April, 1898, control was purchased by a Boston syndicate headed by
Tucker, Anthony & Co., the latter also owningthe Manchester Electric
Co., which supplies electric power to the street railway. V. 66, p. 900
STOCK —
Date. Interest. Outstand'g. Last div’nd.
Stock, $250,000 (pai $100) ........
Text.
$150,000
1896-7,9%
1st M. bonds, g., $250,000 ( 1895 5 g. J - J
250,000 Jan. 1,1915
red. after Jan. l, 1905.. ( Interest at Boston, Mass.
ROAD—In Jan. 1899, owned 201 miles track, standard, of which
u
4*2 miles second track and 1 mile sidings, etc. Rails 70 and 90-lb. T .;
DIVIDENDS—In 1894-5, $2,500; in 1895-6, $3,958; in 1896-7, $11,417
in July, 1897, $6,000.
EARNINGS— Oross.
Net.
Int. dt taxes. Dividends.
Balance.
1897-98... $158,885
$19,499 $16,568
$6,000
$3,069
1896-97... 145,s36
26,526
14,752
(9%) 11,417
sur. 359
1895-96... 139,266
57,331
14,968
(10%)3,958 sur.$38,405
OFFICERS—President, William A. Tucker; Treasurer, P. L. Saltonstall
—V. 60, p. 259; V. 66, p. 900; V. 68, p. 773.
M A N IS T E E
M IC H .
P opu lat io n 1894 w a s 13.4195 in 1890 w a s 12,812;
;
and in
1880
w as
6.930.
and in
1870
2,531.
w as
M A R IO N ST R E E T R A I L W A Y —
O rganization, Et c .—Stock, $100,000. Operates 4 miles of track.
OFFICERS—President and Treasurer, E. Durfee.
M ARLBOROUGH
j
M ASS.
P o pu latio n in 1895 w a s 14,977; in 1890 w a s 13,805;
IN 1880 WAS 10,127; IN 1870 w a s 8,474.
M A R L B O R O U G H ST R E E T R Y -T rolley .
r g a n iz a t io n — Incorporated March 27, 1888.
The Framingham
Southboro & Marlboro Ry., 6 miles, completed in August, 1898, is
operated by the Marlboro Street Ry.
STOCK & Bonds—
Date.
Interest. Outstand’g.
Maturity.
Stock $80,000 (par $100).
See text
$80,000
4% in 1895-6
1st mortgage sink. fund.. ( 1894 6 J - J
80,000
July 2,1914
Sub.to call at par afterSys.) Interest at Intern’l Trust, trustee, Boston.
Current liabilities Sept. 30,1898, $46,342.
Dividend—In 1894-95, 2 p. c.; in 1895-96, 4 p. c.; in 1896-7, none.
ROAD— Operates 7*37 miles of main track and ’57 mile of sidings, etc.
Earnings—
1897-8. 1896-7. I
1897-8. 1896-7.
Gross earnings..$39,878 $34,766 |Dividends........... None.
None.
Net....................... 5,976
8,431 i Bal. for year, sur. $2,166
$1,387
Int’st, taxes, etc. 8,142
7,044 ] Tot. sur. Sep. 30...............
4,422
OFFICERS— (January, 1899,) President, S. Reed A nthony; Treasurer
Philip L.Saltonstall, 53 State Street, Boston; Superintendent and Pur
chasing Agent, H. E. Bradford; Clerk of Corporation, Fred.L. Claflin
O
M ARSH ALLTOW N,
IA .
P o pu latio n 1890 w a s 8,914; in 1880 w a s 6,240;
an d in
1870
3,218.
w as
M A R S H A L L T O W N L IG H T P O W E R & R Y .
O rganization—Exclusive rights till 1917. Runs eleotiical lighting
and gas plant and electric railway.
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
Stock ($500,000) ($100). ............................ $250,000f.p........................
1st mortgage ($150,000) > 1893
6g. J-J
125,000
July 1,1913
go.d ($1,000)............c.* j Int. at 111. Tr. & Sav. Bk., Chicago, trustee.
Earnings—
1896-7. 1895-6. I
1896-7. 1895-6.
From passengers.$12,507 $12,873 |Net (over taxes)..$17,167 $16,552
Other sources....... 27,752 26,760 i Interest................. 7,500
7,500
Total gross.......$40,259 $39,633 |Bal., surplus......... $9,667 $9,052
R o a d — Trolley track, 3*2 m. President, C. D. Jones; Secretary, S.
B. Hovey; Treasurer, M. W. Hovey.
M ASO N
P o p u l a t io n 1890
C IT Y ,
w as
4,007;
in
IO W A .
1880
w as
2,510.
M A N IS T E E F IL E R C ITY & E A ST L A K E
R A I L W A Y — trolley road.
A
M A SO N C ITY & C L E A R L A K E T R A C T IO N
CO-— r g a n iz a t io n , E t c .— A trolley road. Operated since July
O
In 1899 the population was estimated at over 16,000.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity.
Stock.......... .......................................................... $150,000 .....................
1st mortgage,$200,000,g.c* 1 1898 6 g. J-J 150,000 Jan. 1,1918
($500 each) red. after > Int. at Metropolitan Trust, New York,
•
1903 at 105........ ............. >
Trustee.
BONDS— Mortgage provides that $4,000 must be drawn by lot at
105 yearly Jan. 1,1904, and after, but all firsts are subject to call at
105 on and after 1903. Bonds offered for sale in February, 1898.
1897. Owns right of way 33 feet wide from Mason City to Clear Lake,
9 miles. Length of line within and between tw o cities, 17*6 miles,
Stock, $200,000. Bonds, $100,000 1st gold 6s, J.-J. 15, interest at
Illinois Trust & Savings Bank, Chicago, Trustee. Sinking fund retires
$3,000 yearly at 103, beginning Jan. 15, 1905. Handles all freight
coming over Iowa Central Ry. between Mason City & Clear Lake,
revenue therefrom in 1897-8 being nearly $10.000. Year ending Juno
30,1898, gross, $49,802; net. after paying bond interest, $29,945.
55
STREET RAILWAYS.
M E M P H IS , T E N N .
P opu la t io n 1890 w a s 64,495; in 1880 w a s 33,592;
an d in
1870
w as
40.226.
M E M P H IS S T R E E T R A I L W A Y C O O rganization—Charteredinl895 and consolidated with the Citi
zens’ St., East End Street, City & Suburban and Memphis & Raleigh
Springs lines; franchise runs till 1945.
STOCK & BONDS— Miles. Date. Interest. Outstand’g. Maturity.
St’k $500,000($100)........................................
$500,000
......
Citz. St. RR. 1st M. ) 40
1887 6 g. J-J
995.000 Jan. 1,1916
($1,000), gold ..c* 5 Int. atU. S. Nat. Bk. of N. Y. and Memphis, Tenn.
In Feb., 1899, company reported that $165,000 City & Suburban
and East End bonds had been paid, but in May 1899 no new secur
ities had been issued.
ROAD—In May, 1899, operated 70 miles of track in Memphis and sub
urbs.
Rails 70 to 90 lb. T and Johnson.
OFFICERS— President, C. K. G. Billings; Vice-President, General Man’r
and Purch. Agent, F. G. Jones; Secretary and Treasurer, R. L. Benson.
- V . 67. p. 371.
_____________
M E N O M IN E E , M ICH .
P o pu la t io n 1890 w a s 10,633, and in 1880 w a s 3,288.
M E N O M IN E E E L E C T R IC
W A Y & POWER.
L IG H T
R A IL
ORGANIZATION— Chartered July 31,1891. Capital stock issued and
paid in $110,000; par, $100. First mortgage 6s of 1893, $29,000
due $3,000 yearly; interest J&J at First National Bank of Menomi
nee. Owns 6 7-10 miles of track. For year ending March 3 1 ,18 9 6 ,
gross earnings from road, $20,091, against $20,105 in 1894-5; gross
earnings from electric light and powerplant, $22,541, against $21,315;
net of both in 1895-96, $11,532, against $10,987; net of both for year
ending April 30,1898, $12, 87, and about same, estimated in Jan.,
1899, for 1898 9.
OFFICERS.— President, A . Spies; Vice-President, S. M. Stephenson,
Secretary, Treasurer & General Manager, E. Daniell.
POPULATION Estimated population in 1896 13,000
M E R ID E N , C O N N .
P opu lation 1890 w a s 21,652; in 1880 w a s 15,540.
M E R ID E N E L E C T R IC R A IL R O A D —
Trolley.
ORGANIZATION—Organized August 14, 1886.
In November, 1895,
control was obtained by the N. Y. N. H. & H. RR. Co.—V. 61, p. 794.
STOCK & B o n d s - Par. Date. Interest. Outstanding. Maturity.
Stock, $1,000,000..
$100 ......................... $1,000,000
...............
Meriden Horse R R .> 1,000 1891
5 A-O
85,000 Oct. 1,1911
1st mortgage........ >Interest at Girard Life, etc., Co. of Philadelphia.
Meriden Horse R R .) ........
1894 5 g. J-J $415;000 Jan. 1, 1924
con.M.,g.,$500,000 5 Interest at Girard Life, Philadelphia.
Sept. 30,1898, bills payable, $118,875.
ROAD—lu Meriden, extending also to Wallingford, 17*2 miles in all.
E a r n in g s — For year ending Sept. 30, 1898, gross, $106,531; net,
$27,293; interest and taxes, $30,445; bal., deficit, for year, $3,152. In
1896-97, gross, $111,437; net, $21,539.
OFFICERS—President, N. H. Heft, New Haven; Secretary and Treas
urer, W. L. Squire, New Haven.—V. 61, p. 704, 704
ROAD—Owns 7-05 miles of tracks and 0 9 miles of sidings. Also tw o
miles of track to Lake View built in June, 1898.
OFFICERS—President, Israel A. Kelsey; Vice-Pres’t, Abel C. Allison;
Secretary ana Treasurer, J. K. Guy. Index —V. 62, p. 85.
M ID D L E T O W N , N. Y .
P opu la t io n 1890 w a s 11,977; in 1880 w a s 8,494;
and in
1870
w as
6,049.
M ID D L E T O W N -G O S H E N TR ACTIO N .
Nov., 1898, W. B. Royce of Middletown was appointed receiver.—
V. 67, p. 1003.
STOCK & Bonds—
Date. Interest.
Outst’d’g. Maturity.
Stock, $400,000, par $100.................................. $275,000f.p. . . . . . . . . . .
Old Co’s. 1st mort.,$200,000,5 1894 6g. J - J
200,000 Jan. 1,1919
July. 1897, coupon last paid.
gold, $1,000, s. f ............ o* (
MIddlet’n-Bloomb’g 1st M. 5 1895 6 M.&N.
75,000 May 1 ,1 9 2 0
November, 1897, coupon last paid.
WM
— s
gold ($1,000)$200,000 s.f. (
Road—Operates 13 miles of track extending from Middletown,
turnouts, eto. Rails 65-lb. T except *2 mile only of 80 lb. girder.
Y early E a r n in g s — Fiscal year ends June 30. Report for 1897-98
was in V. 67, p. 480. Earnings have been as follow s:
1897-8. 1896-7. |
1897-8. 1896-7.
Gross earnings...$46,620 $46,584 I Interest...............$16,000 jpxo.uuv
2,188 Taxes..... .........-. 1,622
1,545
Net earnings....... 5,912
3,513 I Balance............df.12,210 df.14,532
Total net............. 5,912
—V. 67, p. 4 8 0 , 1003.
M IL F O R D , M A S S .
P opulation
1895 was 8,959; in 1890 was 8,780;
WAS 9,310; and in 1870 WAS 9,890.
in
in
1880
M IL F O R D H O L L IST O N & F R A M IN G H A M
STREET R A IL W A Y —
Trolley.
O r g a n iz a t io n —Commenced operation May 15,1896. In 1897 pur
chased entire capital stock o f Milford & Hopedale St. Ry. and Decem
ber, 1897, was consolidated with it. In 1898-9 reported to have made
arrangement with Milford Elec. Light & Power Co., by which oper
ation of machinery of both systems are combined. The railway power
house, it was said, would be enlarged and new machinery installed.
Capital stock is $210,000 (par $100). First mortgage gold 5s, int.
J-J. at Amer. Loan & Trust Co., Boston, dated 1898, due Jan. 1 ,1 91 8 ,
$165,000.
ROAD—Owns 21*8 miles of track.
EARNINGS— Year ending Sept. 30,1898, gross, $83,471; net, $33,472;
interest, taxes, etc., $13,230. President, W. B. Ferguson; Treasurer,
G. A. Butman, Malden, Mass.
M IL F O R D & H O P E D A L E ST. R Y .—
Trolley.
(par $100), all ow
ned by M
ilford
SECURITIES— C
apital stock $60,000
H. & F. St. Ry. On Sept. 1,1898, loans and bills payable, $67,000; no
bonds. Owns 2'44 miles of track. In December, 1897, was consoli
dated with Milford Holliston & Framingham Railway.
M IL L V IL L E , N. J.
P opu lat io n in 1890 w a s 10,002; an d in 1880 w a s 7,660.
M I L L V I L L E T R A C T I O N —A trolley road.
ORGANIZATION—This company owns the entire capital stock of tho
Millville Rapid Transit ($50,000) and operates in all 3-64 miles o f track..
STOCK & Bonds —
Date. Interest. Outstand’g.
Maturity.
M E R ID E N SO U T H IN G T O N & CO M P O U N C E
Stock, $175,000...............................................
$175,000
..................
T R A M W A Y - —A trolley road.
1st mortgage, $400,000,) 1894 5g. F - A
88,000
1914
gold ($1,000 each)___e ' SInterest at Land Title & Tr., Phila., TrueO r g a n iz a t io n , E t c .—Operation commenced about July, 1898. Op
“ Other debts” Jan.l,’98................................
$24,982
............... .
erates 8 miles of track between Meriden and Compounce. Extension
EARNINGS— For year 1897 gross, $6,327; deficit under operating^
o f 5 miles proposed. Stock authorized was $200,000, but in Jan.,
$4,233. President, G. B. Langley; Sec. and Treas., D. C. Lewis.
1899, increased to $500,000.
STOCK & BONDS—
Date. Interest. Outstand’g Maturity.
Com. sto’k ($100) $500,000 ............................ $120,000
..................
M IL W A U K E E , W IS .
M. g., $200,000 o* ($1,000)) 1898
5 J-J
100,000 Aug 15,1928
P opu la t io n 1898 (l o c a l e s tim a te ), 280,000; 1890 w a s 204,oan be called at 110after > Int. at Col. Trust Co., N. Y., trustee.
468; IN 1880 w a s 115,702; AND in 1870 w a s 71.440.
Aug. 15,1923................. ) Dividend of 1 per cent paid April, 1899.
President Francis Atwater; Sec., John A. Hurley, Meriden, Conn.
M IL W A U K E E E L E C T R IC R Y & L IG H T .
ORGANIZATION—Successor of Milwaukee Street Railway Company
sold in foreclosure Jan. 29, 1896, per plan in V. 60, p. 1009. Em
braces all the street railway lines in Milwaukee. Controlled
M IC H IG A N C IT Y , IND.
by the “ North American Co.” (See Miscellaneous Companies in I n
P opu lation in 1890 w a s 10,776; in 1880 w a s 7,366.
v esto rs ’ S dpplem en t .) The Company besides its street railway sys
L A K E CITIES E L E C T R IC
R Y .-T r o lle y .
tem owns and operates electric-light and power works (costing $1,RECEIVERSHIP—In Feb., 1898, I. I. Spiro was appointed receiver
625,938) under franchises said to be exclusive; these include all the
Interest due Feb. 1,1898, only partly paid.J
LIGHTING p l a n t — Owns plant for commercial and public lighting, electric light companies (with the single exception o f one small plant),
pole line and wires covering entire city. Company has a 10-year con among others the Edison Electric Illuminating Company, the Mil
waukee Electric Light Company, the Badger Illuminating Co. and the
tract with the city for lighting, from Aug. 1,1894.
Milwaukee Arc Light & Power Co. Was furnishing in April, 1899,
STOCK & Bonds—
Date.
Interest. Outstand’g. Maturity.
Common stock, (par $100)................................. $200,000
.................. 57,518 incandescent lamps, about 1,244 h. p. in motors and 2,000 arc
Pref., non-cum., $100,000.............. ...............
50,000
..................
1st M., $300,000, g. ($500)) 1893
6 g.F-A.
75,000 Feb. 1,1923 lights. Owns the stock of the Milwaukee Light, Heat & Traction Co.
See its statement below.
(In default, see above)o* 5 Metropolitan Tr. Co., N.Y., trustee.
The ordinance requiring the sale of tickets at less than five cents
E a r n in g s — Including electric-light plant, for calendar year 1897
was declared invalid and a permanent injunction restraining its en
gross, $15,683. For calendar year 1896, gross, $12,399.
forcement was served on July 1, 1898.—V. 66, p. 1089; V. 67, p
Road—Owns 6 miles of track. Rail 72-lb. T-—V. 66, p. 288.
74,126.
Date. Interest. Outstand’g.
Maturity
S tock & Bonds—
..................
Common stock (par $100). .......................... $3,500,000
M ID D L E T O W N , C O N N .
Pref. stock, $4,500,000, 6 ) ..........................
3,500,000
...................
p. o., non-cum., par $100 >
P opu la t io n in 1890 w a s 9,013; in 1880 w a s 6,826;
1,000,000 Dec. 1,1908
Milw. City RR. 1st mort., 5 1888 5g. J - D
AND IN 1870 WAS 6,923.
41 m., $1,000,000,gold.e* I Central Trust Co., N. Y. City, is trustee.
M ID D L E T O W N ST R E E T R Y - A trolleyroad. Serves West Side Street Ry., 1st ( 1889 5g. J - J
$500,000 July 1,1909
mort., covers 18 m iles... ( Int. is payable at Farmer’ s L. & Tr. Co.
population of about 17,000.
Milw. El. Ry. & Light Co., ( 1896 5g. F - A $6,500,000 Feb. 1,1926
O r g a n iz a t io n —In Jan., 1898, consolidated with the PortlandSt. Ry.
consol.M.$8,000,000,g.c* ( Trustee, Central Trust Co., New York.
E a r n in g s of old Middletown St.
Stock, par, $ 2 5 ...issued, $135,000
Interest payable at company’ s office, 30 Broad Street, N. Y.
Ry.-^For 9 monthsending June 30,
1st M., $150,000, gold, 5
B onds—New consols of 1896 for $1,500,000 are reserved for prior
guar, J -D .....................
90,000 1898, gross, $18,403; net, $4,852;
taxes, $961; int., $5,165; balance, bonds still outstanding and $1,000,000 pref. stock is issuable for im
(Dated 1894. Due 1915.)
deficit, $649. In year 1897 gross,
Portland Street 1st M. 5s,
Other debt June 30, provements and extensions.
M-N, 1896-1916............. 30,000 $21,618.
R o a d — Total track Deo. 31, 1898, was 141 miles—all trolley.
1898, $10,538.
STREET
56
RAILWAYS.
EARNINGS-F o r 3 months ending Mar. 31, 1899, gross, $452,183;
net, $203,159. Same 3 months o i 1898. gross, $395,841; net, $167,714.
For 12 months ending Dec. 31,1898, gross, $1,787,594 and net $780,911, the latter an increase of $106,800.
A nnual R eport —Fiscal year ends Dec. 31. See report of the
North American Co. in V. 66, p. 1186.
Year—
1898.
1897.
1896.
1895.
Gross railw ay........................... $1,374,118
$1,211,093 $1,315,963
Lighting, etc.............................
288,008
261,658
231,074
Gross earnings... $1,787,594
Operat’g expens. 1,006,683
Net earnings___
$780,911
$1,662,126
988,015
$674,111
$1,472.751 $1,547,037
1,012,645
958,541
$460,106
$588,496
BALANCE SHEET JUNE 1, 1896.
Resources.
Property.......................$14,223,151
Supply department...
52,906
Consols to retire 1st
mortgage bonds. ... 1,500,000
Accounts receivable..
33,672
Trustee, appeal cases.
8,753
Securities in trust.......
6,700
Cash..............................
18,473
Profit and loss.............
44,872
Liabilities.
Stock, preferred.......... $3,500,000
Stock, common...........
3,500,000
Consols......................... 7,000,000
1st mortgage bonds... 1,500,000
Aro Light Co. mort_
_
20,000
Bills and accounts
payable.....................
234,744
Accrued interest........
127,083
Mil. St. Ry. securities.
6,700
set apart for the common stock. In case of liquidation or dissolution
of the company the holders of the preferred stock shall have prior
right on the assets of the company before any amounts shall be pay
able to the holders of the common stock.
Dividends—A ll dividends on preferred to and including Apr., 1899
(1% per cent), have been paid.
See full description of property in application to the New York
Stock Exchange in June, 1895.—V. 60, p. 1148.
Bonds.—The Minneapolis Street Railway Co. jointly and severally
with the Minneapolis Lyndale & Minnetonka Railway Co. has issued
$5,000,000 5 per cent 30-year first mortgage and first consolidated
mortgage gold bonds, of which $890,000 are held in trust by the Farm
ers’ Loan < Trust Company to redeem the $890,000 prior lien bonds. See
fc
statement to N. Y. Stock Exchange in June, 1895. The consols are
also listed in London.—V. 60, p. 1149.
The St. Paul City Railway Company has issued $4,388,000 5 per cent
50-year cable consolidated bonds (including $680,000 held by the
Farmers’ Loan & Trust Company, trustee, to redeem the $680,000 prior
lien bonds above) under a mortgage limited to $5,500,000. Under
the mortgage these bonds can only be issued against the actual cash
cost of construction, under a mileage limit of $15,000 per mile. Part
of these consols ($1,138,000 on June 11,1895), are guaranteed, principal
and Interest, by endorsement of Twin City R. T. Co. See statement
to N. Y Stock Exchange in'June, 1895.—V. 60, p, 1150.
Road—The entire system consists of 240 miles of standard-gauge road,
all recently built or rebuilt, and thoroughly equipped. Two double
track electric lines, 9 miles long, connect the business centres of the two
cities.
On the principal streets of the cities 80-lb. rail with welded joints
and imbedded in concrete was used.
A second inter-urban line was completed and began to be operated
on July 1,1898, affording direct communication with Como Park and
the State fair grounds. V. 68, p, 522.
G eneral F inances—In 1898 the $750,000 loan due Deo. 31,1900,
was paid off, partly by the issue ot preferred stock. V. 68, p. 381,522.
On Jan. 1,1899, bills payable outstanding were $110,000.
The company leases water power at St. Anthony’s Falls (capac
ity 10,000 h. p.), which power is now used to run the entire railway
system in both cities.—see V. 64, p. 704.
Latest Earnings— 4 mos. to April 30—
4 Mos.
Cross.
Ret Charges. Surplus.
1 8 9 9 .........................................$750,793 $377,087 $270,091 $106,996
1898........................................... 653,2'..
3317,429 260,177
57,262
Charges 12 months, $657,814 in 1898; $692,303 in 18«7.
A nnual R eport —Fiscal year ends Deo. 31. Report for 1898 was in
V. 68, p. 522, showing results on the entire property as follow s:
1898.
1897.
1896.
$2,145,093 $1,982,785
Receipts from other sources.
25,623
26,336
21,283
Total..........................$15,888,527
Total.......................... $15,888,527
OFFICERS—President, W. N. Cromwell. Vice-President, Henry
C. Payne, Milwaukee, Wis. ; Secretary, C. A. Spoiford, New York;
Treasurer, Edward Edes; Purchasing Agent, W. C. Vanden Berg.
New York office, 30 Broad St., N. Y. City.—V. 67, p. 74,126; V. 68,
p. 619, 872.
C o m p a n ie s C o n t r o lle d b y M ilw a u k e e E le c t r ic H a l l w a y
& L ig h t C o.
MILWAUKEE LIGHT HEAT & TRACTION COMPANY.-Incorporated December, 1896. The capital stock ($500,000) is all owned
by the Milwaukee Electric Railway & Light Co.
The Traction Company owns and operates the following properties—
all trolley roads:
Milwaukee & Wauwatosa Motor Railway Co., operating between
Milwaukee and the town of Wauwatosa.
North Greenfield & Waukesha Electric Railway Co., Waukesha Beach
Electric Railway Co., Waukesha Electric Railwav Co., operating be
tween Milv aukee, Waukesha and u aukesba Beach.
Milwaukee Racine & Kenosha Electric Ry. Co., operating between
Milwaukee, Racine and Kenosha.
Belle City E le o ric Railway Co., operating in Racine and connecting
with the Milwaukee Racine & Kenosha line.
Total mileage, 74 miles.
STOCK & Bonds—
Date.
Interest. Outstanding.
Maturity.
Common
stock,)
g,,nnAnn
$500,000
..................
$500,000.................. 1 .................................
M. g. guar.$5,000,000) 1899 5
M. - N.
1,500,000 May 1, 1929
($1,000). .
..o* >City Trust Co., N. Y., trustee.
Interest at Co.’s office, 30 Broad St., N.Y.
The bonds are guaranteed by the Milwaukee Electric Railway &
Light Company. The Milwaukee Racine & Kenosha has $300,OOo of
$2,170,716 $2,009,121
ls tm o it. gold 6s (M&S) outstanding, maturing Mar. 1,1928, and the
858.867
$877,616
$875,787
Belle City Electric recently had $250,000 mortgage 5s out.
Insurance and general expenses..
102,032
52,464
53,785
Injuries and damages.....................
58,493
72,000
65,587
O f f ic e r s a n d D ir e c t o r s — Same as The Milwaukee Electric Rail
w ay & Light Company.
.$1,019,392 $1,002,080
$995,159
General office, 451 Broadway, Milwaukee, Wis. New York office,
.$1,151,324 $1,007,041 $1,064,059
30 Broad Street.—V. 68, p. 619, 872.
Interest on bonds and 6% c tfs ...
$618,131
Interest on floating debt.
1 713,454
$705,438
8,226
Dividends on 7 p. c. pref. stock
79,534
Taxes..................................
64,214
66,469
58,170
=
M I N N E A P O L I S , M IN N .
P o pu la t io n o p M in n eapo lis and St . P a u l com bined in 1890 w as
297,894;
in
1880
w as
88,360;
and in
1870
w as
33,096.
T W IN C ITY R A P ID T R A N SIT — Cable and electric
road.
O r g a n iz a t io n — The company was organized under the laws of the
State of New Jersey, June 3,1891, and by virtue of its stock owner
ship of the underlying companies (to w it: The Minneapolis Street
Railway Co., The St. Paul City Railway Co. and the Minneapolis Lyndale & Minnetonka Railway Co.), it controls and operates the entire
street railway system of Minneapolis and St. Paul. The combined
population of St. Paul and Minneapolis in 1895 was said to be 400,000.
Interest. Outstanding. Maturity.
S tock & Bonds—
Date.
Twin City Rap. Tran.—
Common stock,$17,-)
None.
000,000; par. $ 1 0 0 ) ............... .............. $15,010,000
Preferred stck, cu m ) 1CQI- „
2,700,000 Apr.’9 9 ,1%%
$3 000,000 ($100) >
' Q. - J.
Minn. St. Ry. Oo.—
1st M., g.,red. at 105. ? , QQn 290,000 Nov. 1, 1910
yearly.
¿1880 7 g M. - N.
2d inert.,gold...e*&r 1883 6 g M. - N.
600,000 Nov. 1, 1913
1st consol, mort gold,
$5,000,000.......... o* 1889 5 g 3.IJ- J.
4,110,000 Jan. 15,1919
St. Paul City Ry. Co.—
1st consol. M., gold.. 1884 6 g A. - O.
680,000 Oct. 1, 1934
Cab. con., g., see text. 1887 5 g J . / y - J .
3,708,000 Jan. 15,1937
Debentures, gold....... 1890 6 g M. - N.
709,600 May 1, 1900
A ll bonds are for $1,000 each, and interest is payable at Farmers
Loan & Trust Company, New York.
Capital stock—The capital stock is $20,000,000, of which $17,000,000 is common stock and $3,000,000 is 7 per cent cumulative pre
ferred stock on which interest is payable quarterly. In Feb., 1899,
$750,000 additional preferred stock, issued in payment o f loan for
that amount, was listed on the N. Y.“Stock Exchange, with authority
to list up to 3,000,000 when issued in exchange for St. Paul Ry. deb.
6s. The debentures are to be sold or exchanged for preferred stock at
not exceeding 7 1 shares of preferred for each $1,000 debenture bond.
a
—V. 68, p. 381. On May 1, 1899, amounts of preferred stook and
debentures were as above.
For the preferred stock it is provided that if in any year dividends
amounting to 7 per cent are not paid on said stock, the deficiency
shall be a charge upon the net earnings of the company, and shall
be paid subsequently before any dividend shall be paid upon or
. $777,668
$771,907
$764,061
. $373,656
$235, ld4
$299,998
B a l a n c e S h e e t .— Twin City Rapid Transit Company g e n e ra l
balance sheet of December 31,1898, was as follow s:
Resources.
Liabilities.
Roadway, &o.
) «90 qaq 1171 Stocks........................... $17,472,200
j] Securities in treas. 5 *N
sy»yud,.L7i. * onds and 6% certs.
388,000
Notes < acots. receiv..
fe
103,081 Unpaid vouchers, etc.
62,867
Cash........ ...................
225,897 Pay-rolls,etc., not due.
79,399
Ins., etc., paid in adv.
5,355 Int. on bonds accrued.
208,521
Materials and supplies
72,21
Bills payable...............
110,0» 0
Income acoount—sur. 1,988,732
Total......................... $30,309,719
Total.......................... $30,309,719
IT No te .—Includes: Minneapolis Street Railway Co. stook, $5,000,
000; St. Paul City Railway stook, $5,000,000; Minneapolis Lyn
dale & Minnetonka Ry. Co. stook, $385,000—total par value, $10,385,000; valued at $15,000,000.
OFFICERS—President, Thomas Low ry; Vice-President, Secretary and
Treasurer, C. G. Goodrich; Auditor, J. F. Calderwood; General Man
ager, W. J. Hield. Fiscal Agents, J. Kennedy Tod & Co., 45 Wall
Street, N. Y. (V. 65, p. 1127; V. 66, p. 4 2 4 , 428, 4 6 9 , 1209; V, 68,
p. 3 7 6 , 381, 5 2 2 .
M O B IL E , A L A .
P o pu latio n 1890 w a s 31,076; in 1880 w a s 29,132;
and in
1870
w as
32,034.
M O B IL E L IG H T & R A IL R O A D — Trolley.
O r g a n iz a t io n — A consolidation in April, 1897, of the M. L. & Rail
way and Mobile & Spring Hill Ry. Franchise is perpetual.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity
Stock, $400,000, par $ 1 0 0 ................................. $400,000
..................
1st mortgage, gold ($1,000).. 1897 5g. J-D
400,000 June 1,1937
Road , Et c .—Owns 14 miles of track in Mobile and extends to
Spring Hill, 4 miles; total track, 18 miles. Company also owns
Monroe Park” water power and 320 acres of land; also electric
light plant of capacity of 6,000 incandescent lamps and 30 aro lamps
with power circuit and power house.
OFFICERS— President and General Manager, J. H. Wilson; VicePresident, L. H. R u st; Secretary, C. W. Chase.—V. 61, p. 282.
M O B IL E ST R E E T R A IL R O A D
road.
C O . —A trolley
STREET
ORGANIZATION —Successor to the Mobile Street Railway, sold In fore
closure in 1892, and which was chartered Feb. 26,1888. The Mobile
Street Railway had a State charter for 50 years from June, 1887. Con
solidation of this road with the Mobile Light & Power Co. has been
proposed.
S tock & Bonds—
Miles. Date. Interest. Outstand’g. Maturity,
Stock, $500,000......................................................... $500,000 ...............
istm ortgage,gold, $ 350,-£........ 1893 6gM -N
240,000 May 1,1923
Other indebtedness...................................................
(1)
...............
Interest at National City Bank, New York.
Bonds—The mortgage of 1893 is for $350,000, and was issued for the
purpose of electrically equipping the road, for extensions and improve
ments. The mortgage trustee is the Farmers’ Loan & Trust Co., N. Y.
Road—Operates 23 miles of track, of which 22 electric and 1 m. horse.
OFFICERS— President, J. C. Morris; Vice-President, F. J. Gasquet;
Secretary, R. B. Owen; Treasurer and General Manager, R. Semmes;
Chief Engineer, J. F. McAviney. Office, Anthony and Royal streets.
—V. 60, p. 9 2 9 . _______ ^
M O L IN E , ILL.
P opulation 1890
was 12,000; in 1880 was
and in 1870 was 4,166.
M O L IN E C E N T R A L
7,800;
ST R E E T RY.-Trolley.
Road has been merged in Tri-City Railway of Davenport, la .—V. 67.
p. 802 ; V. 68, p. 824.
M ONTGOM ERY, A LA .
P o pu latio n 1890 w a s 21,883; in 1880 w a s 16,713;
AND in 1870 WAS 10,588.
M O N TG O M E R Y
ST R E E T
R Y - A oiolley road.
Has a perpetual but
ORGANIZATION— a consolidation, Aug. 1,1894.
not exclusive franchise.
STOCK. Bonds Et c . Miles. Date. Interest. Outstand'g Maturity.
Stock.!................................................................
$290,000 .....................
1st mortgage f or i 14*25 1893 6g. F -A
290,000
1923
$350,000, gold.. \Interest at Farmers’ L. & T., Trustee, N. Y. City.
Bonds—The bonds unissued may be sold at the company’ s discretion.
Road—In Feb, 1899, owned 14^ miles of trolley road.
Calendar years—In 1897, gross, $54,914; net, $27,709. In 1896,
gross, $57,290; net, $29,382. President, J. W. D im m ick; Secretary
J. C. V irden; Treasurer, G. W. Craik.
M ONTGOM ERY
SUBURBAN
67
RAILWAYS,
ST, R Y -
STOCK & BONDS—
Date.
Interest. Outstanding.
Maturity.
S tock ...............................................................
$100,000
..................
Mortgage.................................. None, Feb., 1898
(1/
............... .
R o a d — In Feb., 1899, operated 4*2 miles of track and road.
O fficers—President, H enry Fonde; Treas. and Man., H. S. Jones,
Sec., Edward A. Graham.—V.61, p. 70.
In March, 1899, was purchased by Harry W. Huttig, of the Huttig
Bros. Manufacturing Co., who was subsequently reported to have sold
a half interest in the property to L. W. Prior, of Cleveland, Ohio.
ORGANIZATION—Chartered in February, 1893. Its charter is for 25
years, and its franchise for operating street railways gives it, so it is
said, the exclusive right to do street railway business in the city for
the same period, 25 years. The gas and electric light franchise is to
operate and maintain within the city gas, electrio light and power
works, and the city agrees to take not less than 21 arc lights and 270
gas street lamps for ten years. Home Electrio L. &. P. Co. acquired
in 1896.
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
$300,000
........ -------S t o c k ..............................................................
iu n n n n
5 1898 6 g.J -J
150,000
Jan. 1 ,1 91 8
1st mort., $150,000, gold. ^
Subject to call at par Jan. 1,1908
Manhattan Trust Company is mortgage trustee.
EARNINGS— 10 months, ) 1898-9.............. Gross, $49,088; net, $16,074
July 1 to April 30. 51897-8.............. Gross, 46,138; net, 13,140
A nnual R eport —For the years ending June 30 earnings were: In
1837-8, gross, $55,476; net, $15,841; in 1896-97, gross, $51,378, net,
$13,854; in 1895-96, gross, $43,211, net, $12,879.
ROAD— Operates 8 miles of tract. OFFICERS—President and Treas
urer, W. A. Seevers; Secretary, M. E. Seevers.—V. 67, p. 4 8 0 ; V. 68,
____ __
p. 619.
N A S H U A , N. H.
P o pu latio n in 1897 estim a ted a t 125,000; in 1890 w a s 19,311;
IN 1880 WAS 13,397; AND IN 1870 WAS 10,543.
N A S H U A ST R E E T R A I L W A Y . —Trolley.
Has passed into control of a syndicate which has arranged to unite
the various roads in Eastern Massachusetts under the title of the
Massachusetts Electrical Companies—see Lawrence, Mass.
O rganization—incorporated Aug. 14,1885.
STOCK, Bonds Et c .Date. Interest. Outstanding.
Maturity.
$250,000
..................
Stock,$325,000, (par $ 1 0 0 )..........................
1st mortgage, $150,000............. 6 A O
150,000
April 1,1911
Interest at Nashua Trust Co., Nashua.
Subject to call April 1,1901
Loans and bills payable June 30,1898, $53,860.
ROAD—Jan. 1,1899, operated 14*47 miles of track. In June, 1898,
reported to have applied for permission to extend its tracks to State
line at Tyngsboro in order to connect there with the line to Lowell.
E a r n in g s —Years ending June 30:
Gross.
Net.
Int. < taxes.
6
Balance.
1897-98.......................$60,260
$15,873
$11,256
sur.$4,617
1896-97...................... 61,104
17,180
10,675
6,505
10,573
8,903
sur.1,670
1895-96 ..................... 53,640
1894-95....................... 26,840
def.1,323
8,155
def.9,478
O f f ic e r s — President, John A. Fisher; Vice-President, August Fels;
Treasurer, Percy Parker; Gen. Man., P. F. Sullivan; Auditor, D. D.
Bartlett. INDEX—V. 60, p. 606.
N A S H V IL L E , TE N N .
M ONTREAL,
CANADA.
P opulation in 1897 was about 250,000; in 1891 was
216,650; and in 1881 was 155,237.
M O N T R E A L S T R E E T R Y . - A trolley road.
O rganization—Chartered May 18, 1861. Franchises expire in
1922. In March, 1899, authority was received from the Dominion
Parliament to increase the stock to $10,000,000 from time to time.
STOCK and Bonds—
Date. Interest. Outstanding. Maturity.
Stock, $5,000,000; par $50...............................
$4,800,000
............
5 1888 5 M-S
292,000 Mar.1,’08
Sterling aeDentures...............) int. at Bank o f Montreal, London. Eng.
Hterlinv debentures
$681,333 Aug.1,’ 22
sterling aeDentures...............} 5 1893 Bank of Montreal> London, Eng.
Int at 4l* F-A
Under trust deed of Aug. 10,1893, the debenture 5s and 4^8 are
o f equal rank.
LATEST Earnings.—Jan. 1 to April 30, gross, $493,274 in 1899;
$438,278 in 1898.
R eport —Report for 1897-8 was in V. 67, p. 1000, showing:
Tear end.
Balance,
Sept. 30—
Gross
Net
Charges.
Dividends.
Surplus.
1898............$1.471,940 $707,056 $105,352 (10) $462,916 $138,788
1897........... 1,342,368
605,939
v 8,083 (8) 326,667 139,523
1896........... 1,265,898
555,033
92,926
320,000 102,107
Road—Owns 85 miles of track. In May, 1899, extension of 2 miles
under w ay, to be completed during the summer. President, L. J
Forget.—V. 67, p. 1000 ; V. 68, p. 524.
M U N C IE , IND.
P o pu la t io n in 1890 w a s 11,345; in 1880 w a s 5,219;
AND in 1870 WAS 2,992.
C IT IZE N S’ S T R E E T R A I L W A Y . - A trolley road.
I In 1897 the population of Muncie was said to be 25,527.
STOCK & Bonds—
Date.
Interest. Outstand'g. Maturity.
Stock,com.,$200,000, ($100)..............................
$200,000
...............
St’ k,pf.,7p.C,,$100,000i$100>............................
100,000
...............
1st mort. gold, $250,000.o*> 1897
6 g. J-D
250,000 Deo. 1 ,’ 27
S. f. subj. to call at $105, >Interest at Guar. Trust & Safe Dep. Co.,
$500 and $1,000............. j Philadelphia, trustee.
EARNINGS— 3 months, ) 1899..................Gross, $18,751 ; net, $10,731
Jan. 1 to March 31. $1898..................Gross, 16,223 ; net,
8,722
Calendar year 1897, gross, $61,478 ; net, $28,377; in 1896, gross,
$57,545; net, $24,462; in 1895, gross, $60,986; net, $28,795.
R o a d —Owns 15*17 miles of track. Road projected, 2 miles.
O f f ic e r s —President, J. S. Talley; Secretary, G. F. McCulloch.
M U S C A T IN E , I O W A .
P opu lation 1890 w a s 11,454; in 1880 w a s 8,295;
an d in
1870
w as
M U SC A T IN E E L E C T R IC
plant.
6,718.
R Y - —Trolley and light
P o pu latio n in 1897 estim a ted a t 125,030; in 1890 w a s 76,168 *
,
in 1880 w a s 43,350; and IN 1870 w a s 25,865.
C I T I Z E N S ’ R A P I D T R A N S I T —A trolley road.
O r g a n iz a t io n — Chartered July 29, 1889.
The Citizens’ Rapid
Transit Co. also operates the Nashville Electrio Ry.(3*71 miles), which
is the private property of O. T. Bannard of New York.
STOCK & Bonds— Date.
Interest.
Outstanding.
Maturity.
Stock auth., $18,000; $
< q non
ri
(par, $100).........• . . . .( .............................
$18,000
............. .
Vi n n n n n «-«ir! > J890
6g. J-J
60,000 July 1,1910
1st M., $100,000, gold. I interest at Trust Co. of Nor. Am., Philadelphia.
ROAD—Operates 10 miles of track and road, including Nashville
Electric Ry., 3*71 miles. In 1894, on 7 1 miles, earned gross $28,236.
a
OFFICERS—President, C. Flisher; Secretary, T. O. Price; Treasurer
and Superintendent, J. K. Spicer. Office, 420 Cedar Street.
N A S H V IL L E
R A I L W A Y - A trolley system.
O r g a n iz a t io n —Incorporated in 1899 with an authorized capital of
$6,500,000, to carry out the plans of the syndicate represented by the
Baltimore Trust & Guarantee and Hambleton & Co. of Baltimore, to
consolidate the street railways and electric-light systems of Nashville*
A t latest accounts had purchased the stock and other securities of
the Cumberland Electric Light & Power Co., and secured control o f
the Nashville Street Railway and the Nashville & Suburban. Stock"
holders of the Nashville Street Railway are to vote June 17,1899, on
the proposition to sell their property to the Nashville P.ailway.—V. 68,
p. 672, 724, 872, 977.
N A S H V I L L E S T R E E T R A I L W A Y —A trolley road
Control in April, 1899, passed to a syndicate headed by Hambleton
& Co. and the Baltimore Guarantee & Trust Co., who purpose uniting
the various street railways and electric-light companies of Nashville.
Stockholders vote June 17 on a proposition to sell the property to the
Nashville Railway—which see.
O r g a n iz a t io n — Chartered in 1894, and succeeded to the property o f
the United Electric Ry., sold in foreclosure in April, 1894. Has per
petual franchise, giving it exclusive rights on streets occupied.—V .
63, p. 1115. Fiscal year ends April 30.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
$1,500,000
Stock ($1,500,000 auth.)...........
1926
65,000
McG. & Mt. V. Sum’r St. 1st M. 1886
6 J -J
1937
485.000
Do 2d series................... 1887 6 J - J
200.000 Oot. 1, 1919
Do 2d mortgage............ 1889 6 A -O
Nashville & Edgefield—
274.000 Jan. 1,1919
Consol, mort., $400,000... 1889
6 J -J
Nashville St. Ry. consol. M . ) ,
k „ T t
975.000 Jan. 1,1925
$2,000,000, gold $1,000.. $
og.o-o
Interest is payable by Moore & Schley, 80 Broadway, N. Y.
Of the consol, mortgage of 1895, $1,025,000 are in escrow to redeem
underlying bonds. $365,000 consol. 5s were issued to retire $149,000
McGavock & Mt. Vernon 6s, paid October 31, 1898; $216,000 South
Nashville Street 6s called for payment on Deo. 31,1898, and Jan. 31
58
STREET
RAILWAYS.
1899, and $125,000 Nashville & Edgefield lets of 1886 called for pay
ment April 29,1899.—V. 67, p. 731,1004; Y. 68, p. 41. Floating debt
Dee. 31,1898, $38,252.
Road—Owns 46-9 miles of trolley road in city of Nashville, Tenn.
Bails 40-lb. T and 45 and 80-lb. girder. Cars, 84 motor and 32 trailers.
EARNINGS—May 1 to Feb. 28 10 months (comparison with i S 6) :
q
Tear.
Taxes. Bal., sur.
Interest.
Gross.
Net.
$35,882
$30,000
$95,139
1 898-9....... .......$304,971 $161,021
23,885
16,592
1896-7....... ....... 289,099
95,931
136,408
REPORT—
Gross.
Net. TaxesdcIns. Interest. B&l.,sur.
1 8 9 6 -7 ................$ 3 5 0 ,4 2 6 $167,221 $21,461 $120,000 $25,760
1895-6..................... 322,566
139,804 ................................................
1 8 9 4 -5 ...,............... 311,896
125,527 ....................... .........................
Total passengers carried: In 1897, 14,219,566; in 1896,9,854,823;
in 1895, 9,107,095.
OFFICERS— (May, 1899)—President, F. S. Hambleton, Baltimore;
Vice-President, J. C. Bradford.—V. 63, p. 78,1115; V. 64, p. 135; V.
-67, p. 736,1004; Y. 68, p. 41; V. 68, p. 672, 724, 824, 977.
O rganization , Et c .—Stock, $150,000; 1st mort., $150,000, dated
1895, gold, c* ($1,000 each), 5s A-O, issued $90,000, due April 1,1915,
trustee, International Trust Co., Boston, where interest is payable.
Dividends: In 1894-5, 8 p. c.; in 1895-6, 9*2 p. o.; for 1896-97,8
p. c.; in 1897-8, 8 p. o.; in 1898, Jan., 2 p. c., April, 2 p. o., July, 2 p.
o., O ot, 2 p. c.; in 1899, Jan., 2 p. o.; Apr., 2 p. c.
Road -Connects cities of Fall River and New Bedford. Owns 9*84
miles of track and operates in all 14-27 miles o f main track.
EARNINGS—Year 1897-98, gross,$96,914; net, $28,861; interest, $4,500; taxes, etc., $10,605; dividends, $12,000; balance, surp. for year’
$1,756. Total surplus Sept. 30, 1898, $19,108. President, F. W.
Brightman, Fall River, Mass.; Treas., A. C. Gardner, New Bedford,
Mass.
UNION ST R E E T
R A I L W A Y —A tr o lle y ro a d .
O r g a n iz a t io n — incorporated March 18,1887.
STOCK & BONDS—
Date.
Interest. Outstand'g. Last div., Me
Q -F
$450,000 M ayl,’99,2%
Stock,$450,000(par$100) ........
Consol. M. for $500,000, (1894
5gJ-J
350,000 Jan. 2, 1914
N A S H V IL L E & S U B U R B A N
R Y . - A steam and
g., s. f., not sub), to call ( Int. at Old Colony Trust Co., Boston, trustee.
• le trio road.
e c
Current liabilities Oct.’98 .............................
123,109 ......................
In April, 1899, acquired by the Hambleton syndicate, which is
Bonds—Consols of 1894 for $100,000 were sold to retire 1st mort. 5s
undertaking a consolidation of all the street railways in Nashville maturing July, 1898.
under the name of the Nashville Railway.
Dividends—In 1892-93 7 per cen t; in 1893-94 6 per cen t; in 1894-95
ORGANIZATION—A reorganization in May, 1896, of Nashville Traction 4 per cent; in 1895-6, 8 p. c.; 1896-97, $37,000; in 1897-8, 6 p. o.;
Company. Electric power rented.
Nov. 1, 1898, 2 p. c ; in 1899, Feb., 2 p. c.; May, 2 p. o.
STOCK & Bonds— Bale
Interest.
Outstanding.
Maturity.
Road—On Sept. 30,1898, owned 23-707 miles of trolley road (meas
Stock, $100,000............................................
$100,000
ured as single track), o f which 3-74 miles is sidings, switches, etc.
Bonds..............................................................
(9)
Latest E a r n in g s — Jan. 1 to Apr. 3 0 ,4 months, gross, $61,893 in
Road—Operates 9 ^ miles, of which part steam and part electric.
1899; $55,941 in 1898.
—V. 61, p. 559; V. 62, p. 85, 278, 502. 990; V. 68, p. 824.
EARNINGS— For years ending Sept. 30.
1898.
1897. I
1898.
1897.
Gross earn s...$206,138 $220,626 |Dividends paid. .$27,000 $37,000
N A T IC K , M A S S .
Net.................. 74,209
71,030 I Bal.,sur.,for year 17,683
2,914
P o pu latio n in 1895 w a s 8,814; in 1890 w a s 9,118;
Int.,taxes,etc. 29,526
31,116 |Totalsur.Sep.30. 50,000
77,650
in 1880 w a s 8,479; an d in 1870 w a s 6,404.
OFFICERS— President, H. H. Crapo; Vioe-President, Thos. B. Tripp,
N A T IC K & C O C H IT U A T E ST- R Y .- T r o l l e y road. Secretary and Treasurer, Arnold C. Gardner.—V. 63, p. 1 0 6 1 .
O r g a n iz a t io n —
Owns l l miles of main line track and *2 mile sidings.
Stock $100,000, par $100. No bonds. Unfunded debt Sept. 30,1898,
$17,000. On August 1,1897, 2 miles of road through Framingham
N E W B R IT A IN , C O N N .
was completed and equipped. In Sept., 1898, permission was asked to
P opu lation 1890 w a s 19,007; in 1880 w a s 13,979;
«xten d the road to Needham. Dividends—In 1893-4,6 p. o. on $31,100and in 1870 w a s 9,840.
in 1894-5,3 p. c.; in 1895-6, 5 p. c.; in 1896-7, 6 p. c.; in 1897-8, 6 p. c.
C E N T R A L R A I L W A Y & E L E C T R IC —
EARNINGS—For years ending Sept. 30:
Gross.
Net.
Int.di taxes. Dividends. Bal.,sur
O r g a n iz a t io n —Does both an electrio light and street railway (trol.
1897-98.............$55,490
$8,561
$2,287
$273
$6,000 ley) business, being a consolidation o f the New Britain Tramway and
1896-97........ .
45,738
9,357
1,682
6,000
1,675
New Britain Electric-Light Co. Securities below include both railway
Total surplus Sept. 30,1898, $9,710.
OFFICERS—Pres., Harrison H arw ood; Treas., R. W. Harwood; Clerk, and lighting plant. Population in 1895 estimated at 26,000. See edit"
orial in V. 65, p. 1054.
F. H. Hayes.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock ($1,000,000) $25....................................
$600,000f.p...................
1st M. s.f $750,000(Trus., < 1893 5 J - D
600,000 Deo. 1,1923
N E E N A H , W IS .
Old Col. Tr. Co., Bost.)o* <Interest at New Britain National Bank.
P opulation 1890 w a s 5,083; in 1880 w a s 4,202;
..................
Bills payable June 30,1898 .........................
$48,608
an d in 1870 w a s 2,655.
Coupon notes....................... 1898 5 A - O
80,000
1906
ROAD—July 1, 1898, owned road 18-62 miles in length, being 4)«
M E N A S H A & N E E N A H ST R E E T R A I L
miles in city streets and 4*3 miles to Plainville; 4 miles to Berlin;
W A Y —A trolley road..
ORGANIZATION, Et c .—Chartered in 1885-86. Purchased July 1, 3)3 miles to Newington Centre; switches, etc., 2 miles. Length o f road
1897, by Dagnon Improvement Co. of Cleveland, O., and motive power paved, 10-25 miles. The Newington Tramway was formerly owned
«hanged from horse to electricity. Road was extended to Appleton jointly with the Hartford Street Railway, but 3)3 miles to Newington
and Lake Winnebago. Stock (par $50), $25,000; 1st mortgage, (?). Center was purchased in 1897 by Central Railway & Electrio and
balance by Hartford Street Railroad. The two roads roads join at
Owns 4 miles o f track. Pres, and Treas., F. Schumacher.
Newington Church, and through cars are operated from New Britain
to Hartford under a 99-year contraot; distance from central part of
N E G A U N E E , M ICH .
New Britain to oentral part of Hartford, 10-42 miles. Rails 35, 40,
P o pu la t io n 1890 w a s 6,078; in 1880 w a s 3,931;
56, 60 and 67 lbs. Cars, 13 closed and 23 open.
an d in 1870 w a s 2,559.
EARNINGS—For years ending Sept. 30.
N E G A U N E E & ISH P E M 1N G S T R E E T R A IL
Railway.
Elec, light.
Total gross.
Net.
1897-98...................$96,956
$67,487
$164,443
$57,105
W A Y & E l e c t r ic 1896-97................... 91,419
62,598
154,017
49,933
O r g a n iz a t io n —Consolidation of the Negaunee & Ishpemtng Street
From net in 1897-98 paid taxes and bond interest, $40,152. In
Railroad Co., the Negaunee Electrio Light Co. and the Ishpeming Elec
trio & Gas Co. Capital stock paid in, $142,000; no bonded debt. Un 1896-97 taxes, $6,605; bond interest, $26,650.
OFFICERS—President, A. M. Young, Waterbury; Secretary, E. H.
funded debt in Aug., 1897, $17,000. Owns 4 miles of track. Presi
Mather; Treasurer, F. G. Platt, New Britain.—V. 65, p. 1054.
dent, S. S. Mitchell.
NEW
A L B A N Y , IND.
P opu lat io n 1890 w a s 21,059; in 1880 w a s 16,423;
AND IN 1870 WAS 15,396.
N E W
A L B A N Y R A I L W A Y —A trolley road.
Bondholders ’ C o m m it t e e —Louis Hartman of New Albany, Lafon
Allen and W. R. Belknap. Receiver Is John MacLeod.
STOCK & Bonds—
Bate. Interest. Outstanding. Maturity.
R eceiver’ s certificates....................
M-N
$30,000
............
New Albany Street Ry. 1st.. 1888 6 J - J
$150,000 July 1,1913
Jan., ’95, oouponunpaid. Trustee, Louisville Tr. Co., Louisville, Ky.
N . Alb’y Ry. M. $500,000 g . .. 1893 5 g J - J
$50,000
Jan. 1,1913
In default. Trustee, Columbia Finance & Trust Co., Louisville, Ky.
R oad —Operates 7 miles of track and road.—V. 64, p. 800.
NEW
B R U N S W I C K , N. J.
P opu lation 1890 w a s 18,603; in 1880 w a s 17,166;
and in
1870
w as
15,058.
B R U N S W IC K T R A C T IO N C O .-
O r g a n iz a t io n — Organized May 14, 1895, to purchase, equip with
electricity and to operate the New Brunswick City Railway. In Janu
ary, 1898, was said to have reached an agreement with N. Y. & Phila
delphia Traction by which each company w ill build extensions and
the two roads w ill form a continuous line from Perth Am boy to Tren
ton. In Oct., 1898, Gottfried Krueger and E. H. Radel were reported
to have purchased a controling interest in the New York & Philadel
phia Traction Co. (See Trenton, N. J.) Capital stock authorized and
H I G H L A N D R A I L R O A D . —A trolley road.
ORGANIZATION—Incorporated in 1895. Succeeded on December 1, issued, $500,000.
On Deo. 31, 1897, unfunded debts, $272,666. The mortgage o f
1895, New Albany Highland RR., sold in foreclosure.
Stock $25,000. 1st mortgage, $75,000, incomes for 5 years, dated 1896 is for $500,000 of 5 per cent gold $1,000 o* bonds due July 1
1926; bonds cannot be called; interest J. & J. (January, 1898), $170,1896, 5 per cent, J. & J., Issued $56,000, due January 1,1921.
000, Fidelity Title & Deposit Co. of Newark, trustee.
ROAD—Two miles of track.
ROAD—Reported to be operating in Jan., 1899, 51 miles of trolley
OFFICERS—President, Henry Terstegge; Vioe-President, John H.
track. In Jan., 1899, line from New Brunswick to Somerville was
Shrader, jr.; Secretary and Treasurer, Frank H. Gohmann.
opened. Extension Bound Brook to Plainfield was operated from Oct 29
1898, connecting with Plainfield Street Railway and giving Plainfield
N E W B ED FO R D , M ASS.
trolley connections with New Market, Lincoln, Bound Brook, Finderne»
P opu lat io n in 1895 WAS 55,251; in 1890 w a s 40,733; in 1880 w a s Somerville, Raritan, New Brunswick, Franklin Park and Metuchen.
EARNINGS—Year ending Dec. 31,1897, gross, $33,656; net, $11,949
26,845; in 1870 w a s 21,320; an d in 1898 (estim a ted ), 60,000.
OFFICERS—President, Gottfried Krueger; Vice-President, Andrew
DARTM O U TH & W ESTPO RT STREET R Y Radel; Seo’y and Treas., Edward H. Radel.—V. 62, p. 29.
An electrio road.
STREET
N E W B R U N S W IC K C ITY R A IL W A Y -
ORGANIZATION—Chartered in 1868. In May, 1895, control was sold
to the Brunswick Traction Company. Operates 7 miles of track.
STOCK & Bonds— Miles. Date. Interest. Outstand’g.
Maturity.
Stock..................................................................... $100,000 f. p.
1st mortgage....................................... — A-O
25,000
(?)
O debtJan. 1 , ’98............................................ 201,939 .................... .
th.
EARNINGS—For year ending Deo. 31, 1897, gross, $23,992; deficit
under operating expenses, $4,950. In 1896, on 7 miles, gross, $23,745.
OFFICERS—President, Gottfried Krueger; Vice-President, Andrew
Radel; Secretary and Treasurer, Edward H. Radel.
N E W CASTLE, PA.
P opulation 1890
was 11,600;
and in 1870 was
in 1880 was 8,418;
6,164.
N E W C A ST L E T R A C T IO N -A trolley road.
ORGANIZATION— Incorporated Jan. 12,1897, and took 999-year leases
o f New Castle Electric Street Ry. and New Castle & Mahoningtown St.
Ry. Rental one-third of gross receipts, and as a minimum for first
five years $15,000 yearly to New Castle Elec. St. Ry. and $5,000 yearly
to New Castle & Mahoningtown Street Ry.; thereafter $18,000 and
$7,000 respectively. Population in 1898 estimated by city officials at
32,000.
STOCK & Bonds— Date.
Interest. Outstanding.
Dividends
Stock, $500,000 ($50) ..............................
$500,000
.................
1st M., $500,000, g . ) 1897
5 g. M&N
300,000
May 1,1927
$1,000.............o.* > Interest at Union Trust, Pittsburg, trustee.
Balance sheet of June 30, 1898, showed capital stock $500,000;
accounts payable, $247,356; bills payable, $515,500; bonds none;
contra, road and equipment, $499,799; securities other companies,
stocks, $500,000, and bonds, $65,000; cash, $2,910; open accounts,
$238,308.
R o a d — Owns lS ^ miles of track. Rails, 66-lb. to 80-lb. girder.
E a r n in g s — Reconstruction completed in September, 1897. To Feb.,
1897, was operated only part of the time. To June 30,1897, gross
(from 214 days operation),$26,257; net, $13,257. From July 1,1897,to
Sept. 30,1898 (15 months), gross, $128,865; net, $55,364.
OFFICERS—President, R. R. Quay; Sec. and Treas., E. E. Hamilton.
NEW
P opulation 1890
H A V E N , CONN.
was 85,981 ; in 1880 was
and in 1870 was 50,840.
62,882 ;
F A IR H A V E N & W E S T V IL L E R R .-A trolley road
ORGANIZATION— Incorporated June 20, I860.—V . 64, p. 134. OnNov.
1,1898, the New Haven Street Railway was purchased for $200,000
stock and $500,000 one-year notes, and consolidated with the F. H. &
W .—V . 67, p. 843, 955.
STOCK—
Par. Divid’s. Outs’ding.
Maturity.
Stock auth. ($2,000,000).
$25
J-J $2,000,000 Apr. 1 ,’9 9 ,1%
N5 : , a s s Z t-dbyF!^S w :i 1893 5 g M~S
&
2 ^ ,0 0 0
Sept. 1,1933
New Haven Street Ry.—
1st mort., gold ($600,000)..) 1893 5 g. M -S 600,000
Sept. 1,1913
$500and $1,000...............5 Int. at trustee, Am. l . & Tr. Co., Boston.
1st purch’e M.$250,000g..c.) 1894 5 J-D
250,000 June 1,1914
$1,000 not subj. to call... 5 Int. at trustee, Am. L. & Tr. Co., Boston.
500,000
1899
F. H. & West. N otes............ 1898 ...........
STOCK— The capital stock was increased in November, 1898, from
$900,000 to $2,000,000, to pay a dividend o f 100 per cent in stock und
to meet part o f purchase price of New Haven Street Railway.
D iv id e n d s — On April 1,1899, l ^ p . 0.
R o a d —In February, 1899, consisted of about 65 miles of track, em_
bracing following lines: Old F. H. & W., 20 miles, extending from
Fair Haven via Chapel Street, New Haven, to Westville, with branches
to steamboat wharf, out East Chapel Street, to railroad station, etc.;
New Haven & North Haven Street Railway, 2-2 miles; New Haven &
Centreville, 7% miles; former New Haven Street Railway lines, aggre
gating about 35 miles, and radiating from the business centre of New
Haven (“ The Green” ) to East Rook Park, Fort Hale Park, the old
Government Light house and the Point, and the adjacent bathing
beach, Lake Whitney and Lake Saltonstall, the suburban villages of
Morris Cove, Whltneyville, East Haven, Centreville and.Westville; also
to Mt. Carmel, Cosey Beach and Mansfield’s Grove.
E a r n in g s —For year ending Oct. 1, 1897, roads now united had
earnings, etc., as follow s:
y. h .
N. E.
Tear 1896-7— F.H.áW. Street By.
F.W.d IF. Street Ry.
G ro ss............ $304,048 $210,119 Taxes........ $10,800
$10,185
Other.............
5,647
Dividends. 21,237
25,000
Interest... 60,000
44,272
N e t ...,.........$101,883
$81,438 Bal. sur. for yr.
9,846
1,982
For 9 months ending June 30,1898, F. H. & W. earnings were gross,
$247,813; net, $108,256. Earnings of N. H. Street Ry. for same period
were gross, $144,756; net, $57,032.—V. 64, p. 134; V. 67, p. 843, 955.
OFFICERS—President. Henry S. Parmelee; Vice-President, Samuel
Hemingway; Treasurer, Leverett Candee. Directors, H- S. Parmelee,
John B. Carrington, Samuel Hemingway, E. Hayes Tro abridge, Geo.
D. Watrous, James S. Hemingway, Wilbur P. Day, Samuel E. Merwin,
all o f New Haven.
M A N U F A C T U R E R ’S S T R E E T R A I L W A Y .—
ORGANIZATION— Organized in May, 1896. Owns road 1*2 miles in
length, used for freight purposes, running from a freight depot to a
manufacturing section, part of the way on private land and part on
the streets. Power is obtained from Fair Haven line. Company owns
one electric locomotive. Capital stock, $20,000; no bonds, For nine
months ending June 30, 1898, gross, $4,107; net, $1,326 taxes,
$714. Bills payable June 30, 1898, $14,000. President, George S.
Bauman.
N E W E N G L A N D ST R E E T R A I L W A Y .
ORGANIZATION—Incorporated in February, 1893, under the laws of
New Jersey, to control street railways in the New England States. In
59
RAILWAYS.
Nov., 1894, controlled a large majority of the stock o f the Winchester
Av. RR. Co. of New Haven, Conn., and also controlled the Plymouth
< Kingston Ry. Co. of Plymouth, Mass. See V. 63, p. 229.
fe
S tock —
Par. Dividend. Outstanding.
Last Div.
1 $25 text Q.- J. $1,081,925 Oct. 15,’ 98,%%.
Cap. st’k $5,000,000 ¡ Dividends: In 1895,4% p. o.; in ’96, 4% p. 0.; in
authorized...............( ’97, 31« p. e.; in ’98, Apr. % p. c.; July, % p. c.;
J Oct., % p. c.; in ’ 99, Jan., % p. 0.; Apr., % p. c_
Latest Earnings—For year ending Dec. 31, 1896, gross (of Win
chester Ave. and Plymouth & Kingston), $277,928; in 1895, $262,417
in 1894, $237,190.
OFFICERS—President, E. E. Floyd; Vice-President, A. R. Mitchell, Bos
ton, Mass.—V. 63, p. 229.
N E W H A V E N STREET R Y —
In 1898 consolidated
with Fair Haven & Westville RR.—which see above—V. 66, p. 843,945.
N E W H A V E N & C E N T R E V IL L E S T R E E T
R Y . —Acquired in 1897 by Fair Haven & Westville RR.
W EST SH O RE
R A I L W A Y —A trolley road.
From Dec.r
1895, road was leased for 99 years to Winchester Avenue Railroad,
interest and dividends at 5 per cent per annum being guaranteed.
STOCK & Bonds— Miles. Date. Interest. Outstanding. Maturity.
Stock, $200,000 ($25)..
............
5
$80,000 f.p. 5%div.guar.
1st M., $30,000, g old ,) 3-9 1894 5 J-J 30,000
July 1,1914
subject to call........ ( Interest at Merchants’ Nat. Bank, New Haven.
ROAD—Owns road 3*9 miles in length, extending from Savin Rock to
Woodmont in the towns of Orange and Milford. Also has trackage over
Winchester Avenue Line to centre of New Haven. Rails T 60 lbs.
President, James D. De w ell; Secretary, Israel A. Kelsey.—V. 62, p. 86
ORGANIZATION—Commenced operating July 1, 1894.
W INCHESTER
A V E N U E R A IL R O A D —
A
trolley road.
O rganization—The New Haven & West Haven RR. Co., has been
absorbed by consolidation. Control held by New England Street
Railway. In December, 1895, leased West Shore Railway for 90
years, guaranteeing interest and 5 per cent dividends.
STOCK & Bonds .— Par. Interest. Outstanding.
Last div. etc.
Stock, $1,000,000.......... $25 Q .-J ./y
$800,000 Notreported.
(
5 g. M.-N.
500,000
Nov. 1,1912
1st M .gold 1892..o*&r< Interest at 1st Nat. Bank, N. Y., and in Boston
( at Safe Deposit & Trust Co.
S t o c k — In May, 1897, the Legislature authorized an increase o f
capital stock from $600,000 to $1,000,000 and extension of the tracks.
In April, 1899, stockholders voted to issue $200,000 of the additional
stock, raising amount outstanding from $600,000 to $800,o00.
Bonds—The bonds are joint obligations of the Winchester Avenue
RR. Co. and the New Haven & West Haven and cover all property
owned or to be hereafter acquired under the charters. The entire
$100,000 of 6 per cent debentures maturing in 1909 was called for
payment June 1,1899 (part of the new stock being used for this pur
pose), and they are therefore omitted above. V. 68, p. 979.
ROAD—In October, 1898, was operating 23*21 miles of track, o f
which 19*31 owned. Its lines extend to Union Depot, Savin Rock, City
Point, Evergreen Cemetery out Congress Ave. to Boulevard; alsn
Crosstown line to Read Street. Leases West Shore Ry.—which see.
ANNUAL R e p o r t — Fiscal year ends Sept. 30. In 1897-98 gross,.
$267,452; net, $122,159; taxes, $13,068; interest, $36,541; divi
dends, $64,000; balanoe, surplus for year, $8,550. In 1896-97 gross,.
$248,320; net, $114,786.
GENERAL BALANCE SHEET SEPT. 30, 1898.
A RRPjt.R
Liabilities.
Construct’n & equipm’ t $901,792 Stock............................... $600,000
593,000
316,309 Bonds.............................
Stock rights, etc............
72,200
Miscellaneous................
34,862 Bills payable........
222
Accounts payable.
Cash.................................
15,400
2,941
Profit and loss.......
T o t a l....................... $1,268,363
Total ........................ $1,268,363
OFFICERS—President, W. B. Ferguson; Vice-President and Secretary,.
1. A. Kelsey, West Haven, Conn.; Treas’r, J. T. Prince.—V. 68, p. 234»
774, 979.
NEW
population
LONDON, CONN.
1890
was 13,757 ; in 1880 was
and in 1870 was 9,576.
10,537 ;
N E W LO N D O N ST R E E T R Y — trolley road.
A
O rganization—Incorporated in 1886, andhas perpetual franchise.
S tock & Bonds— Miles. Date. Int.
Outstand’g. Last div.,etc*
Stock ¿500,000 a u t h . ^ ................
j _j
$247,500 Jan. 2,’ 99 (2^ )
1 st M.,'$150,000, goid. 7*18 1893 5 g A -0
110,000
Oct. 1,1923
Bills payable June 30,1898..........................
22,961
....................
Interest and dividends are payable at American Loan & Trust C o.,
Boston. Of the mortgage for $150,000 the balanoe unissued is reserved
to be applied under laws of Connecticut for new property, as needed,
at not exceeding 75 per cent of its cost.
Dividends July, 1894, 2*3 p. o.; in 1895, 6 p. o.; in 1896, 7 p. 0.; in»
1897, 7 p. c.; in 1898, 7 p. o.; in 1899, January, 2*a p. c.
R o a d — Owns 7*18 miles of road (single track) laid with 48-lb. T rails.
In December, 1898, extensions to Crescent Beach, Niantio and State
camp ground were proposed.
L atest E a r n in g s —4 months,) 1899........Gross, $11,352; def. $86
Jan. 1 to A pr 30.
(1 8 9 8 ....... Gross, 11,294; net, 171
A nnual REPORT—For years ending Sept. 30 earnings have been:
1897.
1898.
1897.
1898.
Gross earnings..$55,804 $53,822 |Bal. for divs....$14.095 $13,061
Net earnings.... 23,644 21,452 I Dividends...7% 12,375 7%17,325
Interest paid___ 5,500
5,500 Balanoe............. 1,720 def.4,264
Taxes, etc........... 4,049
2 ,8 9 1 1Total sur........... 20,565
16,789
OFFICERS—President and Secretary, Walter Learned, New London;
Treasurer, S. Reed Anthony, Boston, Mass.; Superintendent and Pur
chasing Agent, L. Bentley. V. 61, p. 611; V. 62, p. 684.
HO
STKEET
RAILWAYS.
STOCK & BONDS—
Date. Interest. Outstand’g.
Maturity.
Stock, $250,000 (par, $50). ...........................
$100,000
..... .........
1st M.„ $300,000, gold.) 1898 5g.M.-S.
5,000 Feb. 1,1923
($1,000 each) 0.*
. . . . > Int. at Co.’s office, 708 Union St., N. Orleans.
Sinking fund, payable yearly, is sufficient to take up bonds at ma
A L G I E R S GOULDS BORO & GRETNAturity. On Nov. 1,1898, name of trustee had not been decided on.
ROAD—3‘75 miles with animal power. Capital stock, $25,000; bonds
Road—To be 10 miles of track on 8 miles of road. Contracts were
$25,000. President, Treasurer and Supt., A. M. Halliday.
let in March, 1899, and work to cost $225,000. The City Trust
CANAL & CLAIBORNE R R -Consolidated with New Safe Deposit & Guarantee Co. of Philadelphia has given a $25,000
bond to ensure construction of road.
Orleans and Carrollton, which see. V. 68, p. 429.
OFFICERS—Pres., Thomas W. Castleman; Seo , Chas. J. Zell; Vioe-P.
and Eng’r, Robert R. ZelL
NEW ORLEANS TRACTION,
N E W ORLEANS, LA.
P o pu la t io n 1890 WAS 242,039; in 1880 w a s 216,090;
AND in 1870 w a s 191.418.
The property owned by this company was sold at foreclosure in
1899, and is nowin the possession of the New Orleans City RR , which
see. The reorganization was in accordance with plan issued in
October, 1898, and given in V. 87, p. 736.
ST. C H A R L E S S T R E E T -A trolley road.
Organization—Organized in 1866. Franchise said to expire in 1906.
STOCK & Bonds—
Date.
Interest. Outstand’g.
Maturity•
Capital stock, $ 5 0 ..:..............
text, Q - J $1,000,000
See text.
IstM. $15,000pd .y’ly
1881
6 J -D
75,000J’n e l’ 97-1901
Interest paid by National Bank of Commerce, N. Y. City.
N E W O R L E A N S C IT Y
R A I L R O A D . —In 1899
Stock increased from $600,000 to $1,000,000 in February, 1895.
acquired the property of the old New Orleans Traction Co. sold at
Dividends in 1897, 6 p. c.; in 1898. Jan., l ^ p. c.; Apr., l ^ p. c.;
foreclosure and reorganized in accordance with plan published in V.
67, p, 736. Of the constituent companies of the New Orleans Trac July, 1% p. 0.; Oct., 114 p. c. In 1899, Jan., 1^4 p. c.; April, 1% p. 0.
Road—Said to operate 12 miles of track.
tion Co the Crescent City was sold at foreclosure and its property ac
OFFICERS— President, A MoLellan: Sec. and Treas., N. Riviere.
quired free from all incumbrances, and the New Orleans City & Lake
taken over subject to the liens mentioned below.
STOCKS and Bonds— Date. Interest. Outstand’g.
Maturity.
Common stock................................................. $5,000,000 .......................
Pref. stock, 5 p. c. cum.................................
2,500,000 .......... ............
N E W Y O R K C IT Y , N. Y .
New gen. M.. $3,250,000) 1898
4-5 g.
3,000,000 July 1.1943
P opu la t io n in 1890 w a s 1,515,501 ; in 1880 w a s 1,206,299
„§T°ln.— ........................ 5 Int.at 4 p. c. for 5 y’rs and 5 p o. thereafter.
New Orl. City RR .,lst M. 1879
6 J-D
399,900 Dro. 1, 1903
AND IN 1870 WAS 942,292.
New-Orleans City & L ake) 1893
5gJ-J
2,599,5« 0 Jan. 1, 1943
MANHATTAN R Y - See I n vestors ’ Su ppl e m e n t .
1st M. for $5,000,000 > Sub. to call for s.f. on & aft. July 1,’ 98 at 110
gold, $500 Ac............ o* ) Int. payable by J.& W. Seligman & Co., N. Y.
N . O. T ra c . Power.-hOUSe > , aQ„
c
t Tk
a onnn t ™ * . i l o i r
a
METROPOLITAN STREET RAILWAY—
1st) M.,
g, f
50 Q r 189«
6 „ J -D
X4L3«000 Jim© 1, 1917
Cable, underground trolley, horse.
The new preferred stock is to elect a majority of directors until divi
ORGANIZATION —Chartered in 1893, and by consolidation, lease and
dends thereon for five years have been paid, and to have a preference otherwise has acquired control of practically all the street railways
as to assets and dividends. No lien is to be created without the assent of Manhattan Island except the Manhattan Elevated and the Third
o f a majority o f the preferred stock.
Avenue RR.—(see V. 65, p. 621.) An agreement with Third Ave. RR.
The new general 4-5s have a first mortgage on the lines of the old as to Kingsbridge road and Amsterdam Ave., etc., was reached in
Crescent City RR., and a lien after the consol. 5s of 1893 on the lines November, 1897.—V. 65, p. 977.
o f the New Orleans City & Lake. They also have an equal lien with
The Metropolitan Street Ry. has absorbed by consolidation the
the consol. 5s on the equity in the power house. Of the issue, $250,- following companies, embracing the “ lines owned.”
000 are to be reserved for new property, of which not exceeding
IN 1893—
I
IN 1894 AND 1895$100,000 to be used at present.
Houst. W est St. & Pavonia Ferry.
M etropolitan Crosstown.
I Lexington A ve. & Pav. Ferry (Cable).
L atest Earnings—3 months ) 1899..Gross, $329,666; net, $139,560 Chambers St. & Grand St. Ferry.
Broadway Railway.
Columbus & wth A ve. R R . (Cable).
Jan. 1 to Mar. 31.
5 1898..Gross, 332,375; net, 141,706 South Ferry R R.
«
Report for 1896-97 was in V. 66, p. 381. The position of the reor
In addition the companies shown in the table of mileage as “ leased
ganized company appears from the follow in g :
etc.,” have been acquired from time to time by lease or stock owner
Tear end.
Tear end.
Tear end.
ship. The latest acquisitions are: In July, 1896, the New York &
Nov. 30, 6.
Nov. 30, ’97.
Nov. 30, ’98. Harlem RR.; in 1897 the Central Crosstown (in eluding Christopher
Gross earnings...................$1,334,276
$1,230,256
$1,311,365
Net........................................
585,727
391,423
509,394 and 10th Street) and Second Avenue. The miles of track operated
Plus power-house earnings
............
............
39,1 F0 has thus been increased as follow s: From 80 in 1893 to 131 in 1894,
Total net without deduction of taxes .....................
$548,544 to 140 in 1895, to 172 in 1896, to 230 in 1897.
New fixed charges for interest and sinking fund for
Rapid Transit Road.—In March, 1899, the Metropolitan Railway
first five years.................................................................
290.013
Taxps, say.............................................................. ............ .
90,000 syndicate made a proposition to the Rapid Transit Commission to
Balance, surplus on basis o f last year’s earnings..........
$168,531 build the proposed tunnel road (V. 68, p. 619), but in April, 1899 (V.
O f which for 5 p. c. on $2,500,000 pref. stock...............
125,000 68, p. 774), withdrew its proposal on account of adverse criticism.
Int. and sinking fund charge after five years will b e ...
320.013
New Electric Lines.—The company in May, 1899, was using its un
Road—Operates 115 miles of track.
derground electric system on Eighth Avenue line from 158th to Battery
OFFICERS—President, R. M. Walmsley; Secretary and Treasurer, A. Place over the entire Fourth Avenue lin e; over the greater portion
H. Ford, New Orleans.—V. 68, p. 86,187, 429, 525, 824, 926."
of the Second Ave. line, and over the Sixth Ave. line via 59th Street
and Amsterdam Ave. The Broadway cable also was being prepared
NEW ORLEANS & CARROLLTON RR.for operation with the same motive system.—V. 66, p. 337, 520, 616;
O r g a n iz a t io n — In 1899 was consolidated with Canal & Claiborne.
V. 67, p. 530, 736, 956.
STOCK & B o n d s —
Date. Interest. Outstand’g.
Last div.,etc.
In April began running some air power cars over the Twenty Cap.st.,$100,$1,200,Of0 . . . . tex tQ -J $1,200,000 A p r.20,'’9a, 1
1st mortgage................... 1882 6 F - A
90,000
1902 third Street line and was expected shortly to run them over the other
Do
do
................... 1882 6 F - A
95,000
1906 cross town lines.
As to the relative earning capacity of the horse, cable and under
2d mortgage, gold.......... 1893
6F- A
350,000
( ion«
Interest at Hibernia Nat. Bank, N. O. ) £907 ground electric lines of the system see President Vreeland’s state
Consol. M., $2,000,000) 1899
5J-J
800,000
(?)
ment in V. 67, p. 956.
r$500 a n d $ l 0 0 0 )... 5
\'
' ~
Interest at office of company.
The New York Gas & Electric Light, Heat & Power Co., incorporated
Canal & Claiborne RR. )
1st mortgage, subject >1892 6 M - N
133,000
1912 in Nov., 1898, with capital of $25,000,000, will distribute to the pub
to call after 5 years. )
lic, together with its own current, the surplus current of the Metro
C consol C lbg m$ 8 0 0 -^ 1896 6g~M_N
M
599.000
May 1 ,1946 politan St. Ry.—V. 67, p. 1263. The Metropolitan St. Ry. is largely
000 ($500 ’<*?' $1,000) >Inter68t at New Orleans office.
interested in the International and American Air Power Co.—V. 68, p.
Notes for $250,000 issued in 1897 for floating debt and extensions. 130.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturity.
Bonds—Of the $2,000,000 new consols authorized in 1899 $535,000
Q- J
$40,000.000 Ap.15,’99,1%
are reserved to take up a corresponding amount of old 1st and 2d sixes. Stock ($100), $45,000,000..........
MAlrnrml Pr-osst 1 st M. $ 1890
Dividends in 1894 to 1898 inclusive, 6 per cent per annum; in Metropol. Crosst. 1st M | Int at N5yA.-0 .
geourlty &600,000 Apr., . city.
Trust Co-> N Y 1920
1899, Jan., 1 ^ p. c.; Apr., l 1 p. c.
^
2d mortgage.................... 1890
May.
300,000 May, 1901
5,000,000 Sep.1,1993
EARNINGS—Calendar year 1897 (before consolidation), gross, $382, Lex. Av.& P. Ferry 1st M., <1893 5g M-S
g o ld ........ ................ c*&r ( Interest at Nat. Union Bank, New York.
106; net, $177,690. In 1896, gross, $431,414; net, $169,517.
Columbus & 9th Ave. $
1893 5g. M-S
3,000,000 Sep. 1,1993
R o a d — Operates 32 *2 miles of trolley track. Four miles additional
1st mort., gold, c&r. I Trustee is Guaranty Trust Co., N. Y. City.
Metropolitan Street Ry.—
o f single track being built.
$12,500,-) 1897 5 g.F
12,500,000 Feb. 1,1997
OFFICERS—President, J. K. Newman; Secretary and Treas., W. V. Gen. ooB. tr. M., &c.).c*&r SInt. at Natl. -A
000 g. ($1000,
Union Bank, N. Y.
Crouch; Managers, Ford, Bacon & Davis.—Y. 66, p. 520; V. 68, p. 429.
Lessor Companies—
Broadway & 7th Ave. consol.1893 5g. J-D 7.650.000 Dec. 1,1943
Do underlying bonds.......’ 83, &c., 5 p. c. 4.850.000
1904-1924
O R L E A N S R A I L R O A D —A trolley road.
250.000 Jan., 1909
23d St. 1st M ..........................1893 6 J -J
“ 1
O rganization—Chartered July 1,1887.
150.000 Jan., 1906
Do debentures................... 1886 5 J -J
STOCK & Bonds—
Date. Interest. Outstand'g. Last div. etc. Bleecker8t.&FultonF.lstM .1876 7 J -J
700.000 Jan. 1,1900
«took , $500,000, par $50..
....................... jfiH -------$185,000
See text.
Central Pk. No. & E. R. 1st M. 1872 7 J-D
1.200.000 Deo., 1902
---- 6 M-N
18,000 Apr. 30,1912 42dSt.&GrandSt. Fer. lstM .1894 6 J -J
236.000 Jan. 1,1909
Bonds....................................
$1,000 subject to call May 1 yearly at par. 2d Ave. 1 st mortgage — ...............5
M-N
1,600,000 Nov., 1909
Mort., $300,000, gold, o .,.. . 1895 6 J-J
300,000
1912
300.000 Jan., 1909
2d Ave. debentures...................... 5 J-J
Second mortgage, gold, c... . 1897 6 J-J
100,000
1912
3,060,000 Feb. 1,1948
2d Ave. 1st consol, mort........ 1898 5g r.F-A
Dividends—June, 1894, l ^ per cent; December, 1894, none.
STOCK— As to increase o f authorized capital stock in July, 1898, to
Road—Operates 11 miles of track.
$45,000,000, see General Finances below.
OFFICERS— President, Emllien Perrin; Vice-President, A . C. Wuerel;
D iv id e n d s — The dividends paid have been as follows, those prior to
Secretary and Treasurer, R. W. McMurdo.
1898 having been paid on the Metropolitan Traction Stock, which was
increased in 1892, from $20,000,000 to $30,000,000, and in October,
ORLEANS & JEFFERSON RY-- o be a trolley road. 1897, was exchanged dollar for dollar for stock of Street Railway C o .:
T
ORGANIZATION— Chartered in 1898 to construct a road from New Or
Year— ) 1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899.
leans to West End and Lake City, La.
Per cent. 5 4
3
None. 5
5
5
5
5
Below.
STEEET
RAILWAYS.
In October, 1897, a distribution of 20 per cent in debenture certifi
cates (paid off Oct. 15,1898) was made to Traction stockholders. (Y.
65, p. 620.) In Jan., 1899,13* p. c. was paid; April, 1% p. c. V. 67»
p. 1207.
BONDS—The Lexington Avenue < Pavonia Ferry j s and Ooturn&
bus A Ninth Avenues 8 were fully described in V. 60, p. 1146. Both
were guaranteed and later assumed by the Met. Street Ry. Co.
The general eoll. trust mortgage of 1897 is secured by deposit of the
stocks (par value) o f the Broadway & 7th Ave., $1,400,000; 42d Street
& Grand Street Ferry RR., $400,000; Central Park N. & E. River RR.,
$300,000; 34th Street Crosstown Ry., $990,000; also all property of
H. W. St. & P. V. RR., Chambers St. & Grand St. Ferry RR., Broadway
Ry., So. Ferry RR., Met. Crosstown Ry., Lex. Ave. & Pav. Ferry RR.,
Columbus & 9th Ave., and Ft. Lee Ferry Extension; also leasehold
interests, contracts, real estate (valued as below stated), etc. See ap
plication to N. Y. Stock Exchange in Y. 65, p. 826.
Road—The system includes seven principal lines extending praotioally the entire length of Manhattan Island, from the Harlem River
to or toward the Battery, w ith numerous branches and crosstown lines
Lines owned.
Miles.
Lines Leased, etc.—(Oon.) Miles.
Gr. Gnt. St. toChamb’ s St. F’y.3*36 42d St. & Grand St. Ferry . 8*66
Gr. St. F’y to Chamb’rs St. F’y. 2 *07 2d Avenue............................ 28 "00
Vesey & Church St. to So. Fer.0’ 61 Sixth Avenue........................ 8*14
B’way,15th St. to Bowl’gG r’n.2-51 Eighth Avenue..................... 20,00
Gr. St. Fer. to 14th St. Fer.N. R.3-28 N .Y . & H . RR. City Line... 19 32
Lexington Avenue cable line.6‘19
(Not included in Earns.)—
Columbus & Ninth Ave. cable.3*26 28th & 29th Sts....................
4-85
Lenox Ave. undergr’d trolley.1*81 34th Street............................
1-74
Branches................................. 1-95
Fulton Street.......................
2*00
Second track...........................24'79 Central Crosstown.............
4*25
Christopher & 10th St........
7-50
Total track owned............. 49 83
Lines Leased, etc.
Miles.
Total leased, etc...............171*59
Broadway & 7th A v ............ 16*44
Total owned and leased ..227*28
23d St. and leased line.......... 17-84 C able...................................... 23*00
Ninth Avenue....................... 15*26 Underground electricity.... 85*00
Central Park N. & E. River. 25*59 Horses (March, 1899), abt..119*28
Note .—The Broadway Surface line (15th St. to Bowling Green, 2*51
miles) has been consolidated into the Metropolitan Street Ry., but the
conduit and cable therein is the property of the Broadway & 7th Av.
RR. Co., which in consideration of right to use the tracks of the Broad
way Surface assumed certain of its bonds.
INVESTMENTS—(See official list in V. 65, p. 826.)—The following is
the par value o f the principal stocks and bonds of subsidiary street
railways, which in October, 1897, were the property of the com pany:
Broadway & Tth Ave., stock..$1,406,200 I 28th & 29th Sts. (all), stock. .$1,500,000
Cent. Pk. N. & E. Kiv., stock.
300,000
1st mortgage bonds.. .......... 1,000,000
42d St. & Gr’d St. Per., stock. 400,000 North & East R iv er................
268,700
34th St. Crosst’n Call), stock.. 1,000,000 2d A ve., stock (unofficial) abt 1,210,000
1 Cent. Cross.. stk.Cunoff.) over 400,000
R eal Estate —The real estate in New York City (see V. 65, p. 826)
owned in fee, subject to the general mortgage & collateral trust
deed o f 1897 (including $2,450,000 subject to the prior lien of the
Lexington Avenue mortgage) was valued in October, 1897, at $3,681.
969; owned by subsidiary companies, $8,389.750; total, $12,071,719.
GENERAL Finances.—In July, 1897, $12,500,000 of general mort.
gage and collateral trust bonds were sold, increasing the fixed charges
by $625,000 per annum, to provide for changes in motive power, etc.
The Second Avenue RR. was taken over under lease March 1, 1898.
dividends of 8 p. c. (after March 1,1901, 9 p. c.) being guaranteed.
In 1898, the Second Ave. Company made a mortgage for $7,000,000.
In Aug.. 1899, $15,000,000 additional stock was authorized (making
$45,000,000), of which $10,000,000 was allotted to stockholders at
par in exchange for the $6,000,000 debenture certificates (whioh were
called October 15,1898), and to provide $4,000,000 for change of
motive power, the remaining $5,000,000 to be reservedin the treasury.
—V. 66, p. 337, 900,1237; V. 67, p. 178, 320.
L atest E A R N IN G S -F o r 6 m o n th s e n d in g D e c . 31:
6 months— Gross.
Net.
Oth. inc. Int.,taxes,etc. Bal.,surp.
1898........ $6,000,318 $3,066,097 $356,927 $2,143,906 $1,279,118
1897........ 4,601,400
2,178,279
315,305
1,572,798
920,786
A nnual R eport —Full statement for year ending June 30, 1898«
with balance sheet, in V. 67, p. 577, showing:
Hl
( 2 ) BROADWAY & SEVENTH A V E N U E -A horse and cable road.
ORGANIZATION —Chartered May 26, 1864. Leased May 13, 1890,
for unexpired term of charter and for any extensions of the same
co Houston West St. & Pavonia Ferry, now Metropolitan St. Ry. Co.
R ental interest on bonds and 10 per cent on $2,100,000 stock, o f
which Metropolitan Street Ry. Co. Sept. 30,1897, owned $1,406,200.
STOCK & Bonds—
Par. Interest. Outstanding. Maturity.
Stock................................. 100 10 Q.—. $2.100,000 See text
Is Mortgage o f 1883...... 1,000 5 J. - D.
1,500,000 June,
1904
2d Mortgage of 1884....1,000 5 J. - J.
500,000 July,
1914
B’way Surface 1st guar,.1,000 5 J. - J.
1,500,000 July,
1924
do 2d M. int. as rent..1,000 5 J. - J.
1,000,000 July,
1905
350,000 Apr. 1,1919
So. Ferry 1st guar.......... 1,000 5 A. - O.
By.& 7th Av. Con. M.of ) 1,000 5 g. J.-D.
7,650,000 Dec. 1,1943
’93 for $12,500,000.. s Interest at Guaranty Trust Co. of New York.
Of the consol, mort. of 1893, for $12,500,000, $4,850,000 is reserved
to retire at maturity the other bonds in the table. The outstanding
consols paid for laying the Broadway cable. The consols are guaran
teed, principal and interest, under the terms of the mortgage by the
Metropolitan Street Railway Co., whioh now owns the Broadway line
south of 15th Street. They cover the road owned in fee, also the right
to use the tracks on Broadway from 15th Street to the Battery; they
are also a direct lien on the cable, etc. Trustee, Guaranty Trust Co.
The Broadway & 7th Avenue assumed the Broadway Surface
1st mortgage bonds for $1,125,000 and payment of interest on the seoond mortgage bonds for $1,000,000, for use of tracks between 15th
Street and ferry. South Ferry 5s. assumed under lease.
Operates under contract. Miles.
Road—Owns in fee.
Miles.
15th St. down B’way to Bowl
59th St. & 7th Av. to Barclay
ing Green (B’dway Surface) 2*51
St. and Broadway................ 4*22
51st St. and 7th Ave. to Park
Vesey St. to South Ferry........ 0*61
Place and Broadway.......... 4*00 Second track............................ 3*12
Second track............................ 8*22
Total track operated...........22*68
INDEX—V. 58, p. 733. Office 761 Seventh Ave.
( 3 ) CENTRAL CROSSTOWN RR.—A horse road.
ORGANIZATION- Chartered March 28, 1873. May 28, 1890, leased
the Christopher < Tenth St. RR. at 8 p. c. on stook and interest on debt.
fe
In May, 1897, control was obtained in the interest of the Metropoli
tan St. Ry., which in October, 1897, was said to own over $400,000 of
the stock.—V. 64, p. 1001,1042.
STOCK & Bonds .—
Par. Interest. Outstand’g. Maturity.
Stook ($600,000,................. 100 7 Q. - J. $600,000
See text
1st mortgage......................... 1,000 6 M. - N. 250,000
Nov., 1922
Dividends.—In fiscal year 1893-4 paid 7 p. c.; in 1894-5, 7 p. c.;
1895-6, 8 k p. o.; in 1896-7,10 ; in 1897-8,10.
Miles
Operated under lease.
ROAD—Owned in fee.
Miles.
Christopher & 10th St. RR. .. . 3%
23d St. and East River to H o
boken Ferry............................. 2
Second track........................ .. . 3 k
Second track............................... 2
Total track.................... . . I l k
Sidings.................... .................... k
A nnual R eport —For years ending June 30. (See V. 67, p. 9 5 1 ) :
Yr. to June 30.
1898.
1897. I
1898.
1897.
Gross earnings.$576,995 $569,718 Taxes & rent.. $94,866 $91,143
Net.................... 184,529 159,296 |Interest..........
15,000
15,000
Other income...
6,360
4,556 j Dividends........................
60,000
( 4 ) CENTRAL PARK NORTH & EAST R IV E R .-H orse road.
ORGANIZATION— Chartered July 19, I860. L e a s e — Leased to Metro
politan Ry. Co. Oct. 14,1892, for length of charter and renewals thereof
at 8 per cent on stock till Oct. 1, 1897, thereafter 9 per cent (V55, p
894). Metropolitan St. Ry. owned in Oct., 1897, $300,000 o f the stockSTOCK & Bonds—
Par. Interest. Outstanding. Maturity.
Stock. (See rental below .).. 100 text Q.—J. 1,800,000 See text
1st mortgage........................ 1,000 7 J.—D. 1,200,000 Dec., 1902
Coupons payable at Bank of New Amsterdam, New York City.
Lines Leased.
Miles.
ROAD— Lines Owned.
Miles.
54th St. & 10th Ave. East
Various portions of road... .
3k
and West to South Ferry..
9 k Second track..........................
3k
Second track..........................
9k
Weight of rail per yard.......60 lbs.
Total operated................
26
In July, 189?, extension was proposed from 59th Street to the
Boulevard and along the Boulevard to Columbus Avenue.
( 5 ) CHRISTOPHER & TENTH STREETS RR.—A horse road.
O rganization —Chartered April 25,1873. Leased to Central Cross
town May 1,1890, at 8 per cent on stock and interest on bonds.
STOCK & Bonds
Par.
Interest.
Outstand’g. Maturity.
Total net inc..$5,985,3661$4,594,3711 Bal. for div’ds.$l,845.558 $ 1 ,439,121 Stock
.......................... 100 8 Q. - J.
$650,000 See text
1st M. ext. in 1898........1,000
4 A.-O.
180.000 Oct. 1,1918
Dividend of 5 per cent in 1898 on $30,000,000 called for $1,500,000.
Real estate M ..........................
M.-N.
30,000
..................
Also in 1896-97 interest ($98,692) on investments was paid into the
The $180,000 lsts were extended 20 yrs. from Oct. 1,1898. V. 67rp.
treasury of the Traction Company, but the investments are now owned
370.
by the Street Railway Co.
Christopher St. Ferry to 10th
Second track...........................
3k
The following shows the growth of the company’s system:
St. Ferry, East River...............2 k I Total owned...........................
7k
A L L L IN E S C O N T R O L L E D .
I L I N E S IN C L U D E D I N E A R N S .— (Conc’l.)
Chris.St.Fer.to 14thSt.& 4th a v .lk I —V. 67, p. 370.
„
1898.
Gross earnings.... $9,9S8,505
Net earnings........ 4,638,069
Other incom e......
647,297
Year.
1897.
I
$8,888,803 |
Taxes...................
1868.
$552.856
4,078,568 1 terest................ 590,486
in
615,803 |
Rentals................. 2,266,466
Miles. P a y’s Pass. Transfers.
Year.
1897.
$51»,449
470,000
2,171,801
Miles. P a y’s Pass. Transfers.
1897-98........... 227.301,206 10',774,012 I1895-96.... 172 145,965,251 28,450,996
189697. .. 230211,614,55872,259.889
1394-95. 140109,686,472 9,671,697
LINES INCLUDED IN EARNINGS.
|1893-94...... 131 107,036,524 5,306,645
1897-98........... 198,770,109 90.380,4U I1892-93........ 80 63,011,785 3,203,832
1896-97..... 180 177,338,677 56,929,611 1891-92.. . 61 45,239,670 2,645,800
OFFICERS—President, H. H. Vreeland; Vice-President D. B. Hasbrouck; Secretary, C. E. Warren; Treasurer, H. 8. Beattie; Purchasing
Agent, A. C. Tully. Office, 621 Broadway, N. Y. Directors—P. A. B.
Widener, W. L. Elkins, Thos. Dolan, Thos. F. Ryan, Herbert H. Vree
land, D. B. Hasbrouck, Chas. E..Warren, Henry A. Robinson and H. P.
Whitney.—V. 67, p. 126,178, 320, 530, 5 7 7 , 690, 736, 901, 956,1110,
1207, 1263. V. 68, p. 130, 380, 429, 430, 619, 774, 928.
Companies con trolled by M etropolitan S treet R y .
( 1 ) BLEECKERISTREET & FULTON FERRY RR.—A horse road.
O rganization—Chartered Deo. 12,1864. Leased to 23d st. Ry. Co.
Jan. 10,1876 for 99 years ; lease assigned to Met. St. Ry., rental 7 per
cent on $700,000 bonds and 1*2 per cent per annum on stock.
STOCK & BONDS— Par.
Interest.
Outstanding. Maturity, etc.
lk J .-J .
$900,000
See text
Stock......................... 100
1st mortgage............1,000
7 J .-J .
700,000
Jan.. 1 ,1900
ROAD.—23d St., N. R., to Fulton Ferry, 4 k miles; 23d St., N. R., to
Union Square, 1% miles; second track, 6 k miles. Total line, 12k miles.
( 6 ) EIGHTH AVENUE RR.—Underground trolley road.
ORGANIZATION Chartered Jan. 10,1858. Road is leased to Metro
politan Street Ry. for 99 years from Jan. 1,1896, at rental of $215,000
per annum, which provides for interest on the scrip, 15 per cent divi
dends on stock and $5,000 additional. V. 62, p. 40. Underground
electric traction system used between ;i58th and Battery Place.—V.
67, p. 178, 956.
STOCK & Bonds .— Par, Interest.
Outstand’g Maturity.
Stock............................... 100
Quar.
$1,000,000 See text.
fc
1,000,000
Feb., 1914
Scrip.................................. 1 0 0 6 F. < A.
ROAD—On 8 th Ave.
Miles. I Second track................................ 10
Vesey St. to Harlem River....... 10 |Weight of rail........................ 60 lbs.
INDEX—V. 59, p. 780; V. 61, p. 3 6 4 , 871, 925, 967; V. 62, p. 40.
( 7 ) FORT GEORGE & ELEVENTH AV. RR.—To be an underground
trolley road.
O r g a n iz a t io n —Incorporated in Nov., 1898, in the interest of the
Met. St. Ry. to build a line 1,500 feet long on Eleventh Ave., between
Kingsbridge road and l ' 5 t h St. and another of 13 miles from Man
hattan Ave. and 116th St. to northerly limits of New York City at
Kingsbridge road, with numerous branches. Stook authorized, $3,0 0,000. V. 67, p .1 1 0 9 .
62
STREET RAILWAYS.
( 8 ) FORTY-SECOND ST. & GRAND ST. FERRY—A horse railroad
O r g a n iz a t io n — Chartered February 16,1863. Leased to Metropoli
tan Street Railway Co. from May 13,1893, for duration of charter and
renewals thereof at 18 per cent on stock, payable in lawful money.
Met. St. Ry. in Oct., 1897, owned $400,000 of the stock.
STOCK & BONDS— Par.
Interest.
Outstanding.
Maturity.
Stock........................ 100
18 Q.—F.
$748,000
See text.
1st M. extended.... 1,000
6 J.-J.
236,000
Jan. 1,1909
Road—Company owns 42dSt., North R iverto Grand St. Ferry, East
River, 4*33 miles; second track, 4-33; total owned, 8'66.
(9) FULTON STREET RAILROAD—A horse road.
O r g a n iz a t io n . —Sto c k a ll c o n tro lle d b y th e M e tro p o lita n St. R y .
STOCK & Bonds—
Date. Interest.
Outstanding. Maturity.
Stock, $500,000..............................................
$500,000
..................
1st M.,g., ($1,000), guar. < 1895 4g. M-N
500,000 Nov. 1,1995
p. andi. Met. St.Ky.c* ( Trustee, Guaranty Trust Co. of New York.
E a r n in g s — For year ending June 30, 1898, gross, $59,492 ; net
$27,341.
Road—The road constructed consists of 2 miles of track extending
from Fulton Ferry along Fulton Street to West Street to Cortlandt
Street Ferry and to Barclay Street Ferry. I n d e x .— V. 62, p. 277.
( 1 0 ) NEW YORK & HARLEM RR.—Underground electric railroad.
O rganization—Chartered April 23, 1831. Owns also a steam road
leased to N. Y. Central (see RRs.), its securities, which cover the electric
roads as well as the steam line, being described under the title New
York & Harlem among steam railroads in the I nvestors ’ Su ppl e m e n t .
The electric (formerly horse) lines (19-32 miles of track) were leased
to the Metropolitan Street Ry. for 999 years from July 1,1896, for a
rental o f $350,000 per annum the first five years and $400,000 per
annum thereafter.—V. 62, p. 1088. Line operated electrically from
March, 1898, from City Hall to 135th Street, and to be extended two
blocks to Post Office when authorities allow the street to be opened.
ROAD—(Street Ry. only). Miles. I
Miles.
4th & Madison Ave. line, Post
|Second track............................ 9-66
Office to Mott H aven.......... 8*63 I
-------Branches.................................. 1-03 I
Total track........................ 19 32
OFFICERS—President, Cornelius Vanderbilt.—V. 62, p. 1088.
(11)
NINTH AVENUE RAILROAD—A horse railroad.
O rganization—Chartered July 29,1859. The road is leased to the
Metropolitan Street Railway Co. for 99 years from April 20,1892
Rental—For first 5 years $48,000, which is equal to 6 per cent on
capital stock ($800,000), and thereafter $64,000—8 per cent on same.
Stock, $800,000; par $100; dividends, Q.—J. Road—Fulton Street to
125th Street, 8 miles; second track, 7‘26 miles. Number of oars, 98.
(12)
SECOND AVENUE RR.—Mostly underground electric.
ORGANIZATION.—Chartered Jan. 1,1853. Leased for length of char
ter to the Metropolitan Street Ry. at 8 p. c. on the stock for three years
from March 1, 1898, and 9 p. o. thereafter.—V. 66, p. 185. Changed
to underground electric system in April, 1898, as far as Stuyvesant
Square, cars running thence over 4th Avenue line to City Hall.
SECURITIES.—
Par.Interest.
Outstand'g. Dividend,Ac.
Stock.................................
100 8 Q —M. $1,862,000 See text.
1st mortgage.................. 1,000 5 M. & N. 1,600,000 Nov., 1909
Debentures..................... 1,000 5 J. A J.
300,000 Jan., 1909
Mort. on real estate............................................
60,000
...............
1st con.M.,g.,$7.000,000\ 1,000 5 g. F. & A.
3,020,000 Feb.1,1948
1897,guar.,p.&i.end.c* ) Guaranty Trust Co., Trustee.
Of new 1st consol. 5s, $1,960,000 are reserved to retire securities of
earlier date, balance for improvements, equip., eto. V. 66, p. 900.
Road—
iwî / q
p
Miles.
2d Av., Harlem Riv. to,PeckSlip.8
Second track............................. 13*3
Branch to 92d St. Ferry.............2
Sidings........................................ 1
Branch to 59th St. and 1st A v.-S ^ 1 otal track owned
............. 28
Weight of rails, per yard___60 lbs.
INDEX—V. 65, p. 276; V. 66, p. 616, 900.
(13)
SIXTH AVENUE RAILROAD—Underground trolley.
O rganization—Leased to Metropolitan Street Ry. Co. Feb. 1,1892,
for 800 years. Rental now $145,000 per annum. (V. 61, p. 925.)
Stock, $2,000,000; par, $100. Road owned—6th Avenue, 59th Street to
Canal Street, 3-44 miles; second track, 3*44 miles; sidings, *75 mile.
Owned jointly with Eighth Avenue Co., Canal and Varick streets to
Broadway and Vesey Street, 1-26 miles. Total track (rail 60 lbs.), 8-14
miles. In Feb., 1899, began operating underground trolley all the
way to Battery Place. See V. 67, p. 178, 736, 956.
(14) THIRTY-FOURTH STREET OROSSTOWN RY.—A horse road
The air motor system to be used.—V. 68, p. 130.
ORGANIZATION—Chartered March 18,1896, being a consolidation of
the Thirty-Fourth Street RR. Co. and the Thirty-fourth Street Ferry
& Eleventh Avenue RR. Co. The stock of the Thirty-fourth Street
Crosstown Ry. Co. is all owned by the Metropolitan Traction Co.
S ro c K AND BONDS—
Date. Interest. Outstanding.
Maturity.
S tock .............................................................. $1,000,000
......................
1st M. ($1,000), guar. < 1896
5 A-O
1,000,000 Apl. 1,1996.
p. and i. Met. St. R y .. ( Trustee, Central Trust Co., N. Y.
Road—The road constructed consists of 1-74 miles of track owned
extending from foot of East 34th Street to foot West 34th Street, with
trackage to 42d Street Ferry, etc.—V. 60, p. 83; V. 62, p. 549.
( 1 5 ) TWENTY-EIGHTH AND TWENTY-NINTH STREETS CROSS
TOWN RAILROAD—A horse road, but air motor system to be used.
ORGANIZATION—The Metropolitan Traction purchased the property
in September, 1896, owning in Oct., 1897, all the stock and $1,000,000
ot the bonds. In Deo., 1898, the new air compressor and power house
were practically completed, and some air motor cars were being run
in April, 1899.—V. 68, p. 1207.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity.
Stock, $1,500,000 ($100)................................. $1,500,000 .................
1st M., $1,500,000($1,000) l 1896 5g. A-O
500,000 Oct. 1, 1996
gu.p&iend.,M. St. Ry.g.o* 5 Trustee, Central Trust, New York.
In Deo., 1897, only $500,000 bonds were outstanding, the balance
reserved to introduce mechanical power when deemed advisable.
R oad—June 30,1898, main track and branches, 2% m iles; total in
cluding sidings, etc., 5-68 miles.—V. 63, p. 602, 661, 839.
Earnings—For year ending June 30 1898, gross, $115,894; net,
$57,995.
(16) TWENTY-THIRD STREET RAILWAY—Began to run some airpower oars the latter part of April, 1899.—V. 68, p. 130, 928.
ORGANIZATION—Chartered Jan. 29,1872. Leased to the Metropolitan
Street Railway Co. for the unexpired term of the charter and for any
extensions of the same. Rental is 18 per cent per annum on stock.
T
Outstand'g.
Maturity.
S tock & Bonds.— Par.
I ’ est.
S to ck .............................. 100 18
Q.-F.
$600,000
See text.
1stM.,$250,000,e x t .) , nnn A
J.-J.
250,000
Jan. 1,1909.
in 1 8 9 3 ..................$ 1,000
6
J.-J.
150,000 Jan., 1906
5
Debentures....... ............ 1,000
Lines leased.
Miles„
ROAD —Lines owned.
Miles.
23d St. North to East R iver... 1*58 Bleecker St.& Fulton Ferry RR.
Branch to 34th St. Ferry.........0-20
23d St. to Fulton Ferry, etc. 14*8
Second track..............................1*92
Total track operated........17-84
Weight of rails.......................47 lbs.
THIRD A VENUE RAILROAD cable railroad.
—A
O rganization .—Chartered Oct. 8,1853. A cable road since Deo. 5*
1893. In Nov., 1895, purchased control of the 42d Street Manhattanville & St. Nicholas Ave. line. See V. 61, p. 872, 926. Control o f Dry
Dock E. B. & B. was obtained Aug. 23,1897. (V. 65. p. 194). In Janu
ary, 1898, a majority of the stock of Union Ry , N. Y., was pur
chased.—V. 66, p. 135. In Sept., 1898, Union Ry - purchased Yonkers
RR. V. 67, p. 635. In April, 1899, the Tarrytown White Plains &
Mamaroneck Ry. was acquired by the Union Railway.—V. 68, p. 674.
In Deo., 1898, the contract for the electrical equipment of the lines
was let, involving the expenditure of about $5,0<j0,000, and work on
reconstruction o f the road had 1 egun.—V. 67, p. 1264.
A traffic agreement, which went into effect April 29,1899, has been
entered into between the Manhattan Elevated and the Third Avenue
Railroad system [comprising the Third Avenue RR., the Dry Dock
East Broadway & Battery, the'42d St., Manhattanville & St. Nicholas
Avenue RR. and the Union Railway lines], providing for an extensive
scheme of transfers at cross-town junctions, and also at the termini
of the two systems. The transfers are granted for an additional fare
of 3 cents, making the cost of the entire journey 8 cents. For the
latter sum a passenger can thus ride from the City Hall and South
Ferry to Yonkers, New Rochelle and Mt. Vernon.—V. 68, p. 672, 872
STOCK & Bonds . Par.
Interest.
Outstanding. Lastdiv., <6c.
Stock (see text)........ 100
Q.—F.
$12,000,000 Feb.28,’99,13i
1st mortage, gold.1,000 5 g. J. & J.
5,000,000 July 1 ,1937
There are other mortgages outstanding for $106,000.
Loans and bills payable Deo. 31,1898, were $9,620,122.
STOCK—In October, 1898, $2,000,000 new stook was Issued, making
total $12,000,000 stock outstanding. The proceeds “ are to be
used for the purpose of providing funds to change the cable system to
the underground electrical system upon the Third Avenue, 125th
Street and Tenth Avenue lines.” This new stook was offered to stock
holders at par. In regard to this and additional issues in prospect, an
official of the oompany said: “ Further issues will be made in all prob
ability, from time to time, as additional moneys will be required. The
amount required for improvements will not be more than $15,000,000,
and the total amount of stock issued in any event will not exceed
$35,000,000. A consolidation between the present Third Avenue and
some o f its affiliated companies is being considered, and if carried out
the additional stock will be that of the consolidated oompany.”
Controlled but oper. sepa
ROAD—Owned.
Miles.
rately.
Miles.
City Hall via 3dav. to 130th st. 8X
4
North River to 125th st., E.R. 2*a Dry Dock E. B. & Bat. R y .. 10-4
42d 8t Man.& St. Nioh. Ave. 12-45
10th AV., 125th to 186th sts..
Union R y ............................... 16*20
Second track........................... 14
Yonkers RR.......................... 10-00
Tarrytown White Plains &
Mamaroneck..................... 20*00
D iv id e n d s — In 1892, 7 p. e.; in 1893, 4 p. c.; in 1894, 8 p. e.; in 1895,
9 p. o.; in 1896,93t p. o.; in 1897, 8*4 p. o.; in 1898, Feb., 2 p. c.; May,
2 p. o.; Aug., 2 p. o.; Nov., 1% p. c.; in 1899, Feb., 1% p. o.; May, 1% p. c.
L a t e s t E a r n in g s —Nine months to Deo. 31:
9 mos.—
Gross.
Net.
Oth. ine. Int.tax.,<6c. RaL.sur.
1898-9.......$1,605,151
$601,820 $187,115 $274,532 $514,403
1897-8.
.. 1,925.756 758,835
48,252 273,905
533,182
A nnual R eport .—Annual report in V. 67, p. 1053, show ed:
Years ending Oet. 31—
1898.
1897.
1896.
Gross earnings........................ $2,359,799
$2,570,842
$2,610,161
Net earnings...... ..................
1,079,334
1,126,194
1,202,744
Other income...........................
42,316
47,368
66,953
Total income....................$1,121,650
Taxes and interest............. .
369,578
Dividends............................. (8%) 800,000
$1,173,562
372,286
850,000
$1,269,697
367,463
890,000
Balance............................. def.$47,928
def.$48,724
sur.$12,234
BALANCE SHEET JUNE 30.
1898.
1897.
1898.
1897.
Liabilities—
t
$
Asseti—
$
$
Caoital stock........... 10,000,000 10,000,000
Cost o f road and
equipment........... 15,905,475 14,199,115 Funded d eb t......... 6,000,000 ' 6,000,000
Loans....................... 9,693,348 1,676,000
Permmanent in
106,000
vestm ents............ 8,980,264 2,463,404 Bonds and morts. 106,000
125,O O
O
Cash.........................
179,541
341,006 Int. due and acc’d 126,000
A ccounts payable 104,482
80,996
Profit and loss, sur. 36,450
16,528
T otal.............. 25,065,280 17,003,524
T otal............... 25,065,280 17,008,525
O f f ic e r s . — President, A . j . Elias. Office, 65th Street and Third Ave.
INDEX—V. 67, p. 8 9 9 , 1 0 5 3 , l l i o , 1209,1264,1309, 1358; V, 68, p.
430, 525, 672, 674, 772, 872, 926, 926.
( 1 ) DRY DOCK EAST BROADWAY & BATTERY—Horse road.
ORGANIZATION— Control obtained by Third Ave. RR. Aug. 23,1897.
V. 65, p. 194. Underground trolley is proposed in place o f horses.
STREET
63
RAILWAYS.
S tock & Bonds—
Par.
Interest. Outstand'g.
Maturity.
S to ck .............................. 100 6
Q.—F. $1,200,000
See text.
New mort., gold, 1892..1,000 5 g. J. - D.
950,000
Deo. 1,1932
•Ceiib.ofdebtnotsub.too. 100 5
F. - A. 1,100,000 Feb.
1914
ROAD— (60-lb. rails).
Miles. \
Miles.
Main line..............................................10-4 Sidings............................. 4*3
Second track..........................
5*7 I Total owned............................... 20-2
DIVIDENDS—Since 1891, for fiscal year ending June 3 0 : 1891-92
5 per cent; 1892-93, 6 per cent; 1893-94, 2Lj per cent; 1894-95,4^
per cen t; 1895, August, l 1 p. c . ; Nov., 1*2 p. c ; in 1896, 6 p. c . ; in
^
1897, Feb., l^s p. c.; in 1898, Feb., 1 ^ p. c.; May, 1*3 p. c.; Aug., 1*2
p. c.; Nov., I 1» p. c.—See V. 64, p. 843.
*
L atest E a r n in g s —For 9 months ending March. 31:
Bal., sur.
9 wo*.
Gross.
Net.
Other inc. Int. d taxes.
k
$22,282
1898 9 . . . . $468,511 *118,724 $1,291
$97,733
63,381
1 8 9 7 -8 .... 510,413 161,087
1,530
99,236
ANNUAL R e p o r t —Fiscal year ends June 30. Results for 1897-8,
with balance sheet, were given in V. 67, p. 952, as follow s:
1898.
1897.
Yr.end.J’neSO. 1898.
1897.
■Gross earnings.$669,713 $687,646
798 $137,626
N et................... 201,638 173,831 ïnteresttC: : ^ l3 1 >
(6)72,000(4*2)54,000
Other income...
5,754
31,067 Dividends
PEOPLE’S TRACTION C
O . —T o b e a t r o lle y ro a d .
O r g a n iz a t io n —a consolidation in February, 1898, of the People’ s
Traction and N. Y. Westchester & Connecticut Traction. About 68
miles of road are projected. Under its franchise the old People’ s
Company connects with Manhattan Island by proposed bridges over
the Harlem. It parallels the Harlem between 134th and 172d streets,
and its lines touch the Bronx River at Lafayette Avenue, West Farms
Road and Bronx Park. The Westchester & Connecticut has a route
from Lafayette Avenue through Bartow to the city line, and from
Bronx Park along the Boston Road to the same boundary.
In July, 1898, purchased the North Mount Vernon Ry., built in 1896,
extending over Chester Hill from North Third Avenue, l 1 miles,
«
and proposed at once to convert it into a trolley road and endeavor to
secure additional franchises in Mount Vernon and extend the Chester
Hill line to White Plains and Bronxville. Franchises obtained for the
proposed extension were revoked by the Mt. Vernon authorities in
Jan., 1899, but the company on Jan. 28,1899, filed a certificate of its
intention to construct the lines. In April, 1899, the Mount Vernon
Board of Aldermen granted a fifty-year franchise.
STOCK—The combined stock of the old companies was $2,100,000.
Net income.. .$207,392 $204,898 Bal. for year.su.$3,594 su.$13,272
OFFICERS— President, W. A. Boland; Vice-President, Silas B.
INDEX—v . 64, p. 843,1041; Y. 65, p. 194, 5 6 8 ; V. 67, p. 9 5 2 .
D utcher: Secretary and Treasurer, Frederick C. Cooheu. Among the
(2) FORTY-SECOND ST. MANHATTANVILLE & ST. NICHOLAS new directors are P. H. Flynn, W. A. Boland, John McCarthy, Silas B.
Dutcher, F. C. Cocheu, Joseph White and M. J. Kennedy.—V. 63, p. 969
AVE. RY.—A horse road.
ORGANIZATION— Chartered Aug. 29,1878. In November, 1895, control
WALL & CORTLANDT ST. FERRIES RY.w as purchased by the Third Avenue RR. bee V. 61, p. 926. Motive
Successor to the Fulton Wall & Cortlandt Street Ferries RR. sold
pow er was being changed to underground electric system in J an., 1899.
under foreclosure on Aug. 25, 1898. V. 67, p. 428, 488. Projected
STOCK & Bonds .— Par.
Interest.
Outstand’g
Maturity.
from Fulton and from Wall S t . ferries, East River, to Cortlandt and
.«took............................. 100
.................
$2,500,000
- .
.
<1,000
6 M -S
1,200,000
Mch., 1910 to Liberty St. ferries, North River, 2'7 miles. Stock, $1,000,000;
1st mortgage............ |
interest at Union Trust, N. Y. City.
par, $100; all issued. Bonds, $1,000,000, have been authorized and
1,500.000
_
6% as earned. 1,500.000
Jan., 1915
126. mort. income 6s_ 1,000 6% as earned.
......
100,000
............ Issued. D irectors; F. D. Moffat, E. F. Moffat, Charles Buse, K. S.
Real estate mortgage.
5% ............
.........
65,000
................... Hogg, E. L. Conant, H. W. Thayer, H. W. Bean, M. E. Gill and J. P .
Bills payable June 30,1897
Miles. Sheffield.—V. 65, p. 1173; V. 67, p. 428. 488.
ROAD—
Miles.
42d St. No. River to E. River. l -97 Other mileage....................... 2-76
Branches.................................. '41
159th St. via 10th Ave. to Manhat. St......................................3'29 Second track............................ 12‘45
N E W A R K ., N. J.—(See Jersey City, N. J*)
42d St. via 7th Ave., etc., to
P opu lation 1890 WAS 181,830 ; in 1880 w a s 136,508 ;
Total owned.................. ..2 4 ‘90
Boulevard, etc........................ 4*02
a n d in 1870 w a s 105,059.
A nnual R eport—
1897.
Yr. end. June 30. 1898.
1897. I
1898.
$72,000
Gross earnings.$703,975 $720,063 Irt. on bonds..$72,000
Net.................... 75,355 115,966 I Other int. and
N E W A R K , O H IO .
5,000
Other incom e...
833 4,433 1 miscellan’ous 5,000
P opulation 1890 w a s 14,270; in 1880 w a s 9,600;
T a x e s ............... 36,000 36,000 |Bal. for year. df.36,812 aur.7,400
an d IN 1870 WAS 6,698.
I n d e x — V. 63, p. 838; V. 64, p. 330.
(3)
UNION RAILW AY OF NEW YORK—A trolley road.
in 1898 from 129th St. and 3d Ave. through
the Borough o f the Bronx, and with subsidiary lines, continuing thence
to and through Mt. Vernon. Extensions projected from New Rochelle,
through Larchmont, Mamaroneck, Harrison, Rye and Portohester to
the Connecticut line.
T hird A venue RR. in Control .—Controlled by Third Ave. R.R.,
which in Jan., 1898, purchased a majority of the stock.—V. 66, p. 135.
In Sept., 1898, the Union Ry. purchased Yonkers RR , and will guar
antee its $1,000,000 bonds, this guaranty being accepted by the Third
Ave. V. 67, p. 635.
In April, 1899, arranged to extend its 161st Street line to the ter
minus of the Manhattan Elevated at 155th Street and Eighth Avenue,
and also an extension to connect with the Fort George line on Tenth
Avenue, this being a feature of the system of transfers inaugurated
between the Third Avenue RR. and the Elevated.
S to ck & Bonds —
Par. Interest.
Outstand’g. Last div., <kc,
Stock............................... 100 .................
$2,000,000 ......................
i a inm-t 18CO »„id <1,000 5 g. F .-A .
t*
2,000,000 Aug. 1,1942
1st m o rt, 1892, gold. ^ j n^ js payable at Central Trust Co., N. Y. City.
Ouaranteed Loans—
Westoh. 1st M.,gu.,p.<fei..1,000 5 g. J .-J .
500,000
1943
6o. Boule. RR. 1st,gold............ 5 g. J. - J .
250,000 July 1,1945
Yonkers RR. 1st M.,^
e; a _r>
goo non
Am* i 1Q4R
$1,000,000,’96, gu.. < ........
5
ouu.uuu Apr. i, xy40
wiles.
Road—
Miles.
Main line (single track)........ 5-36 Westchester Electric.............21'04
Branches (single track)........ 19 02 Southern Boulevard............... 7‘00
Second track................
23’88 Yonkers R R ........................... 10 00
Under agreem ent.................. 5’98 Weight of rail per yard 70 to 90 lbs.
O
r g a n iz a t io n — Operated
NEWARK CONSOLIDATED ELEC* RY.—
O r g a n iz a t io n —James F. Lingafelter was appointed receiver April
7,1896. Validity of old bonds is questioned.
STOCK & Bonds—
Miles. Date. Interest. Outstand'g. Maturity
Stock, $100,000, par $50.......................................
$73,000
.........
N. & Granv. Elec. St. 1st < .... 1892 6 g M -N 120,000 May, 1912
M. $120,000, g., $1,000 ) Equitable Trust Co., Trustee, Chicago,
do 2d M .$30,000,$5,000 . . . . 1892
6 A -0
30,000
1898
Sinking fund is provided for redemption of $5,000 bonds yearly until
second mortgage is wiped out and then of first mortgage.
R o a d — Operates 13*8 miles of track, connecting the city of Newark
with Granville. EARNINGS— For year ending April 7,1898, gross, $26,210; net, def., $1,123; no interest paid. President, W. E. Miller; Sec.
retary, C. W. Miller; Treas., John Schlagel.—V. 64, p. 755.
NEW BURG,
POPULATION 1890
N.
Y.
was 23,263; in 1880 was
and in 1870 was 17,014.
18,049;
N E W B U R G E L E C T R I C R Y . C O . - A trolley road.
O r g a n iz a t io n — Successor in February, 1894, to the Newburg Street
Ry., and on July 2,1897, absorbed Newburg & Orange Lake and Wal
den & Orange Lake railroads.
S t o ck & Bo n d s Date. Interest. Outst’d'ng. Maturity.
Stock $150,000, par $100.................................. $150,000 .............
1st M. ($250,000) g.,($500) < 1894 6g. M-N
250.000 May 1 ,1 94 4
Not subject to call............\ Int. at Knick. Tr. Co., Trustee, N. Y. City.
Walden & O. L. 1st Mort. g. < 1895 6g. J-D
100,000 J u n e l,1 9 4 5
guar. p. & i .........................( June, 189-1, interest not paid when due.
Newb. & Orange Lake 1st 1 lg9 4 6g. j _j
75,000 July 1,1944
M., g., $500, int. only W t at Knick. Tr. Co., Trustee, N. Y. City.
Total of all traok owned.. . . 54-24
*
. .
.
< .......
F -A
75,000
..................
Latest E a r n in g s — Union Ry., July 1 to March 31, nine m onths:
2d mort. bonds...................... } int. at Hamilton Trust, B’klyn, Trustee.
10,000
— ........
9 wo*.
Gross.
Net.
Oth. inc. Int.,taxes,<&c. B al.,sur. Debenture b o u d s .............................................
40,000
....................
1898-9......$483,177
$153,880
$567
$112,927
$41,520 Certs, of indebtedness.....................................
1897-8...... 442,851
163,051
668
106,531
57,188
Road—Owns 16-21 miles of track (including Walden & Orange
Union Ry. loans and bills payable Mch. 31, 1899, $719,226; W est Lake 5-29 miles and Newburg & O. L. 5-40 miles).
chester Electric, $12,500.
L atest E arnings—10 mos. > 1898 9 . . . Gross, $70,300; net, $30,339
Julv 1 to April 30.
<1897 8 . . . Gross, 69,147; net, 27,979
ANNUAL R e p o r t — For year ending June 30,1898, was in V.67,p. 951:
Y e a r l y E a r n in g s — For the yearsending June 30:
1898.
1897.
Yr.end.J’ ne30. 1898.
1897.
Gross.
Net. Oth. Inc. Int., tax, &c. Bcil.,sur.
Gross earnings.$612,831 $541,855 Total net in c .. .$224,867 $219,822
$34,041
$622
$36,599 def.$l,936
Net..................... 224,19» 218,822 Int., taxes, etc. 144,709 133,431 1897-8..................$83,255
1896-7................. 83,173
33,468
497
32,718
1,248
86,391
Other income...
668
1,000 Balance, surp.. 80,158
President, A. J. Pouch, Newburg, N. Y.
INDEX— y . 6 6 ,p. 135. 343,1142; V. 67, p. 635, 905, 9 5 1 , 1209.
—V. 66, p. 1090; V. 67, p. 1056.
(3) TARRYTOWN WHITE PLAINS & MAMARONECK (ELEC
TRIC) RY.—A trolley road.
N E W B U R Y P O R T , M ASS.
ORGANIZATION —Successor in 1898 to the New York Elmsford & White
P opu la t io n in 1895 w a s 14,552 ; in 1890 w a s 13,947 ;
Plains Ry. On April 18,1899, control was acquired by the Union R y
TV 1880 w a s IR A S »! a n d TN 1870 WAS 12.595.
—V. 68, p. 674.
NEWBURYPORT & AMESBURY RAIL
Road extends from Tarry town station on the N. Y. C. & H. R. RR., to
A o y od
Mamaroneck, on the Sound, and from White Plains Station on the Har ROAD.— tr lle r a .
Road was sold at foreclosure March 28,1899, for $190,000, and
lem Road to Silver Lake Park, a total o f about 20 miles. The company
will carry freight as well as passengers. Extensions from Mamaroneck application made in April for t he incorporation of the Citizens’ Elec
to New Rochelle, 4 miles, and from White Plains to Mt. Vernon, 12 tric Street Railway with a capit al of $190,000. It is believed the road
after reorganization will form part o f the combination to embrace all
miles, are projected.—V. 67, p. 75.
STOCK & Bonds Date.
Interest. Outstanding. Maturity. the electric roads in Eastern Massa chusetts.
Stoek ($300,000), par $25 ..............................
$300,000 ................
Maturity.
Outstand’g.
STOCK & B
Date. Interest.
1st mortgage $100,000,) 1»88 5g M&8
300,000 Mar.1,1928 Capital stock onds—
$80,000
($100)......................................
gold ($1,000 each)........ < Knickerbocker Trust Co., N. Y., trustee.
Mar. 1,1912
350,000
1st mortgage, gold.................... 5 g. M - S
OFFICERS*—President, Edward A. Maher; Secretary and Treasurer, Debentures....................
8,000
Apr. 1,1 90 7
1897 5 p. c.
140.953
Loans ¿motes payable Oct. 1, ’98 ...............
Thomas W. Olcott.—V. 67, p. 75, 435; V. 68, p. 674.
64
STREET RAILWAYS
Road —Owns 18 miles of main track and 1*73 miles sidings, etc., in
NEWTON STREET RAILWAY— troUey road.
A
Newburyport, Amesbury, Merrimac and Newbury.
O rganization—Chartered in 1887.
Earnings—For years ending Sept. 30 earnings have b een :
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
Stock ($315,000, par $ 1 0 0 )..................
Q-J
$315,000
See text
_
,
1898.
1897. I
1898.
1897.
135,000 July, 1912
Gross earnings..$59,892 $60,897 Int., taxes, e tc ..$16,480 $25,123 1st M., cur., not subj. to call...... 1892 5 J-J
..................... 4,964
19,085 I 8urp. for yea r.df.il,5 1 6
10,124
Interest payable at American Loan & Trust Co., trustee, Boston.
I Tot. sur. Sep.30.d.l5,913 df.3,913
Dividends in 1892-93 aggregated $11,002 (8 per cent); in 1893-94,
O fficers—President, Charles Odell, Salem, Mass.; Sec. and Treas.,
$12,690; in 1895, 8 p. c.; in 1896, 8 p. c.; in 1897,8 p. o.; in 1898,8 p. o.;
Ralph G. Calef; Purchasing Agent. C. F. Dennis.—V. 67, p. 690; V. 68, in 1899, Jan., 2 p. c.; in Apr., 2 p. c.
p. 619, 672.
Road—Owns from Newton to Waltham, Watertown, etc., 13*30 miles;
track (measured as single); sidings, etc., 0*57; trackage, 2*49; total*
16*36 miles.
N E W P O R T , R : 1.
A n n u a l R e p o r t — For years ending Sept. 30 earnings have been :
P opulation 1890 was 19,449; in 1880 was 15,693;
1898.
1897. I
1898. 1897.
AND IN 1870 WAS 12,521.
Gross earnings....$95,821 $94,072 I Balance fordivs..$17,093 $16,833
Net........................
NEWPORT STREET RAILWAY—A trolley road. Int., taxes, etc ... 31,431 26,422 |Dividends p a id ... 16,800 16,800
14,338
9,589 |Tot. sur. Sept. 30. 21.154 20,861
This constitutes one o f the properties comprised in the combination
OFFICERS—President and General Manager, Winthrop Coffin, Viceo f roads in Eastern Massachusetts and which has taken the name of
President, E. Stearns; Secretary, J. C. Lane; Treasurer, Charles Whipple
“ Massachusetts Electrical Companies.” See the latter under Law
Smith, 53 Tremont St., Boston; Superintendent, F. G. L. Henderson.
rence, Mass.
O rganization—Incorporated July 30,1888. In February, 1898, the
NEWTON & BOSTON STREET RAILWAY—
Newport Illuminating Company obtained a controlling interest. Both
STOCK & BONDS—
Date. Interest. Outstanding.
Maturity-.
$200,000
See text.
this last-named company and the Newport Street Railway have now Stock,$250.000,pr.$100 ..........................
1st M. for $250,000.... $ 1892
5 J-J
125,000
July 1,1912
been acquired by the Massachusetts Electrical Companies.
Not subject to call. \ Int. pay’le at Am. L. & T. Co., trustee, Boston.
S tock , Bonds, Et c .— Date.
Interest. Outstanding. Maturity. Real estate mortgage...............
.........
20,000
..................
Common stock............................ 5 p. c. in ’96
$77,000
See below.
Dividends—In Jan., 1898, paid IL; p. c.; in Apr., 1% p. c.; in July, l 1
^
Pref. stock, 7 p. o., cum.. ."....
7 J -J
30,000
See text. p. c.; in Oct., 1% p. o. ; in 1899, Jan., 1% P. o.; in Apr., 1*4 p. c.
1st M. $50,000 ($500) .o. 1890
5 J-D
50,000 Dec. 1,1910
Unfundeddebt Jan.1,’99 .......
Road—Owns 10 miles of trolley. Operates Newtonville & Water.............
8,714
.......... .
town S t Ry., 3J4 miles, under lease o f 1897.
Interest is payable at the Industrial Trust Co., Providence, R. I.
EARNINGS—In year ending Sept. 30,1898, gross, $65,369; net, $18,Dividends—On preferred from 1890 to 1898, inclusive, 7 per cent
per annum. On common in 1891, 5 per cent; 1892,7 per cent; 1893, 5 801 ; interest and taxes, $10,263 ; dividends, $9,062 ; balance, deficit*
per cent; 1894, none; in 1895, 5 p. o.; none since.
for year, $524. Total surplus Oct. 1,1898, $5,973. In 1896-97, gross,
$44,542; net, $18,250.
Road .—Owns 4*17 miles of track. Rails, 45 lb. T and 60 lb. T.
EarninOs—For years ending Dec. 31:
OFFICERS—President, Gen. Man. and Purch. Agent, H. B. Parker,
Gross.
Net.
Int., taxes, <£c. Div’ds.
Balance. Newtonville, Mass.; Sec’y, R. A. Sears; Treas., J. L. Richards.
1898..............$48,031
$23,227
$15,743
$2,100 sur.$5,384
NEWTONVILLE & WATERTOWN STREET R A IL W A Y 1 8 9 7............. 36,338
11,082
18,178
2,100 def. 9,196
ORGANIZATION—O ct, 1898, 5 miles o f track. In Nov., 1898, applied
OFFICERS—(Feb., 1899) President, Gardner B. Reynolds; Secretary,
for permission to extend its road into Boston. Stock, $50,000; par
Treasurer and General Manager, George P. Magner.
$100. Unfunded debt Sept. 30,1898, $35,710. No funded debt. Oper
ated by Newton & Boston St. Ry., under lease of 1897. Application to
NEWPORT & FALL RIVER STREET R Y - Mass. RR. Commissioners to issue $50,000 additional stock was
Has passed into the control of the combination of Eastern Massa- made in August, 1898.
achusetts road, known as the “ Massachusetts Electrical Companies.’
Dividends—In O ct, 1898, paid 1 p. c. (Q-J); in 1899, Jan. 2, 1 p. o.;
O rganization —Incorporated in 1898. Stock, $250,000. Bonds in Apr., 1 p o.
$300,000, 20-year, 5s, due 1913, interest F&A; Amer. Loan & Trust
EARNINGS—In 1897-98 rental paid was $4 655.
Co., Boston, Trustee. Road—State line to Newport 15*6 miles, under
construction, and through cars between Newport and Fall River
WELLESLEY & BOSTON ST. R Y .- T r o lle y .
Capital stock authorized, $115,000 (par $100); issued, $100,000.
began running June 19,1898.—V. 66, p. 1237. In 1899 made 10-year
contract with Newport Street Ry. for running of cars within city o f Oct. 1,1898, loans and bills payable, $16,500; no bonds. Owns 5*17
miles of track. Year 1897-98 gross, $39,375; net, $13,020; charges*
Newport. June 19 to Aug. 31,1898, gross, $27,462; net, $14,327.
$987; dividends (8 per cent) $8,000; paid to insurance fund, $2,000;
DIVIDEND— Semi annual dividend of 3 per cent payable Jan. 2,1899.
O fficers—President, Stillman F. Kelley, Boston; Treas., Philip L. balance, surplus for year, $2,033. In 1896-7, gross, $13,312; net*
$3,697. President and General Manager, H. B. Parker, Newtonville*
Saltonstall, Boston; Sec., A. C. Landers, Newport.—V. 66, p. 1237.
Mass.; Secretary, R. A. Sears; Treasurer, J. L. Richards.
Dividends—Tn April, 1898, paid Ha p. o.; July, l ^ p. c.; Oct. 4*
p. c., of which 2 e x tra ; in 1899. Jan.. 2 p. c.; in Apr , 2 p. o.
N EW PO R T NEW S, V A .
P opulation 1890
was
4,490.
NEWPORT NEWS AND OLD POINT RAIL
WAY & El e c t r ic O r g a n iz a t io n —in 1898 purchased the Newport News Hampton
& Old Point Railway and acquired the Chesapeake Light & Power Co.
at Hampton, Va. Also has ice plant. Extensive improvements are
projected. Population served estimated in 1898 at 38,500.
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity
Si * '| i o o * in '00l,,000’ i ........................
*1,000,000
...............
N IA G A R A
P opulation 1890
F A L L S , N. Y .
was 5,502; in 1880 was
and in 1870 was 3,006.
3,330;
LEWISTON & YOUNGSTOWN FRO NR RR.O r g a n iz a t io n .— Owns from Lewiston to Youngstown, 7*3 m iles;
completed in August, 1896; branch to Rumsey Park, 1 mile; sidings,
•2 m.; trackage, *2 m.; total, 8*7 m Stock authorized, $150,000; issued
$134,000; par, $100. First mortgage, Buffalo Loan, Trust & Safe
Deposit Co., trustee, $150,000; issued $134,000; gold c* 6s, J & D ,
dated 1896, due June 1,1926. Interest payable at office o f trustee.
Loans July 1, 1898, $2,420. Earnings year ending June 30,1898,
gross, $12,378; net, $3,011, other income, $75; int. and taxes, $9,885;
Bal. def, $6,799.
Earnings for 10% months ending June 30, 1897,
gross, $6,602. President, L. A, Rumsey; Secretary, Karl EvansV
Treasurer, George R. Teller—all of Buffalo.
.......
5
40<,'° 00
...............
1st M., $900,000, g o ld ,) 1898 5 g M-N
800,000
Nov. 1,1938
fit ($1,000 each)e*...
5 Int. at Alex. Brown & Sons, Baltimore, Md.
The Maryland Trust Co., Baltimore, is trustee of the mortgage.
Bonds are subject to call at 110 on any interest day on 60 days notice.
E a r n in g s —The combined earnings of the constituent companies
have been as follow s: Six months ending Oct. 31,1898, gross, $112,153; expenses, $59,489; net income, $52,654. Year ending April 30,
NIAGARA FALLS & LEWISTON RE
1898, gross, $170,899; net income, $87,389. In 1896-97, gross, $152,ORGANIZATION— Road was opened July 17,1895, from Niagara Falls
959; net income, $62,136. Average net income for 21 years, $80,872.
a
City alongthe Niagara River to Lewiston, N. Y., 7 miles, alL double-track.
ROAD—Owns and operates 171* miles of trolley road.
O f f ic e r s — President, W. J. Payne, Richmond, Va.; Vice Pres., W. A. Is known as the “ George Road.” In February, 1899, Joseph R.
Post, Newport News; Sec’y, D. C. Zollikoffer, Richmond, Va.; Treas., Megrue of New York was appointed receiver on application o f a ma
jority of the directors; in May, 1899, Godfrey Morgan was appointed
H. L. Schmelz, Hampton, Va.—V. 67, p. 902,1055.
PENINSULAR RY-—Work on this line is now reported to to sucoeed him.—V. 68, p. 332. Was to be sold at foreclosure May 23.
Capital stock, $1,400,000. First mortgage is for $1,000,000 o f 5
be under way.
per cent gold bonds c* ($1,000 each), dated 1895, due June 1,
1925, J&D, to Knickerbocker Trust Co., N. Y., as trustee; outstanding
June 30,1898, $35,000; loans, $1,085,092. Year ending June 30,1898,
N E W T O N , M ASS.
gross, $73,557; net, $45,430. President, J. R. Megrue; Secretary
P opulation in 1895 was 27,590; in 1890 was 24,379;
Herbert P. Bissell; Treasurer, R. W. Jones.—V. 68, p. 332.
IN 1880 was 16,995; and in 1870 was 12.825.
COMMONWEALTH AVENUE ST. RYORGANIZATION—Commenced operation March 28,1896". Stock auth
orized and issued, $175,000 (par $100)). Mortgage, $75,000 o f 5 p. e
gold $500 c* bonds, dated Feb. 1, 1896, due Feb. 1 ,1 9 1 6 ; interest
F. & A., at office of trustee, International Trust Co., Boston. In Nov.,
1898, the Massachusetts RR. Commissioners authorized increase of
stock from $175,000 to $258,000 to fund floating debt incurred for
construction and improvements.
Road—Oct. 1,1898, main line, 5*7 miles; second track, 5*6 miles
EARNING»—
Year ending Sept. 30,1898, gross, $73,630; net, $5,415;
interest, taxes, etc., $6,535; balance, deficit, $1,120. President, Adams
D. Claflin; Treasurer, Leonard D. Ahl. Office, Newtonville, Mass.
NIAGARA FALLS & SUSPEN. BRIDGE RY —
This is one of the properties acquired by the International Traction
Co. See statement o f the latter under Buffalo.
O rganization—Chartered Oct. 20,1882. Road rebuilt and doubletracked in 1892. Operates the N. F. Whirlpool & Northern Ry., 1*75
miles, with stock of $50,000 and $22,500 of 5 per cents.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
Stock ($750,000) par $100................................ $600,000 ......................
lit
5 _1893 6g. J - J
518,000 July 1 ,1 9 0 3
1st mort., goia....................£ Int. at Third Nat. Bank, Buffalo.
Mortgage trustee, the Fidelity Trust & Guaranty Co. of Buffalo.
ROAD— Operates 16*41 miles track on 10*57 miles street.
EARNINGS—For year ending June 30 earnings were as follow s:
RAILWAYS.
STREET
66
STEEET E AIL WAYS.
County Pass. Ry., the Citizens’ Pass. Ry., Ambler Electric and the Nor
ristown Pass. Ry. The corporate existence of the several companies
will be maintained, but their bonds will be taken up as rapidly as pos
sible. In October, 1895, control of the Traction Co. changed hands and
the authorized stock was increased from $250,000 to $1,000,000.
In May 1899, it was reported that local men had come into control
and that arrangements were under way for refunding the existing in
debtedness and retiring the floating d e b t; $50,000 more of the
authorized stock was to be issued.
STOCK & Bonds—
Date. Interest, 'outstanding. Maturity.
NIAGARA FALLS WHIRLPOOL & NORTH Stock, $1,000.000 ($50)...............................
$500.000 . . . . . . . . . . . .
ERN RY-Trolley.
1st mort., $500,000, gold > 1895 5 g. F-A
115,000 Nov., 1945
($1,000)........................c 5 Int.at WestEnd Tr. & S. D. Co.,Phil..trustee.
Control is held by the recently formed International Traction. Com
On June 30,1898, loans payable were $112,175.
pany. See the statement o f the latter under Buffalo.
The securities of the subsidiary companies are as follows, including
O r g a n iz a t io n — Chartered March 3, 1894. Road completed Nov.
1894. Road is operated by Niagara Falls & Suspension Bridge Ry^ both those held by the public and by the parent company:
Company, <
&
Interest.
Issued.
Maturity.
Capital stock, $50,000, in $100 shares. First mortgage is for $30,000 Citizens’ Pass. c.— stock.. Miles. ...............
Ry.
6*4
$80,000f.p. 3% M ar.’ 99
bonds dated 1894, due July 1,1903, interest 5 p. o., J&J, bonds issued 1st mort., gold, $80,000, > ........ 5 g. F -A
80,000 _ Feb. 1, 1925
Subject to call at 105 Feb. 1, 1905
guaranteed
$22,500. Road runs from Lewiston to Whirlpool St., Niagara Falls,
513 .............
145,000
.....................
1-75 miles of track. Year ending June 30,1898, gross, $3,039; de Conshocken Ry. stock___
513 5 g. J -J
100,000
July 1, 1924
1st mortgage, guaran’d )
ficit, $374; 1897, gross, $2,730; net, $15.
Subject to call at 105 July 1,1904
principal and interest.. 5
T3o ............
150,000
......................
Montg. Co. Pass. Ry, stk.
lifl 6 J-J
15,000
1924
1st mortgage..................
414 .............
75,000
......................
Norristown Pass. Ry. stk.
NORFOLK, V A .
414 6 J -J
75,000
1923
1st mortgage
P opulation 1890 w as 34,871; in 1880 was 21,966;
ROAD—Operates about 22 miles of track, including the lines o f the
and in 1870 was 19,229.
above-mentioned companies. A number of improvements and exten
NORFOLK & ATLANTIC TERMINAL CO- sions reported proposed in 1899.
To be an electric road.
Latest E a r n in g s — 3 mos., > 1899...........Gross, $11,624; net, $860
Jan. 1 to Mar. 31.
5 1698............. Gross, 12,349; net, 2,502
This enterprise is backed by Alexander Brown & Sons of Baltimore.
For year ending Dec. 31,1898, gross earnings,'$63,674; net, $18,705;
A double-track electric line is contemplated from Sewells Point, on
Hampton Roads, across Tanners Creek, and thence easterly to the city In 1897, gross, $61,892; net, $1,592.
OFFICERS—President, N. H. Larzelere, Norristown, Pa.; Secretary
limits of Norfolk, etc., 8 miles. A hotel at Sewell’s Point is also to be
and Treasurer, H. C. Jones, Conshohocken.—V. 62, p. 279.
erected
STOCK & Bonds—
Date.
Interest. Outstand’g. Maturity.
(1)
.....................
Stock ($100), $500,000......................................
Mort., gold, $500,000. o* ) 1899 5 g. M&S
(1)
Mar. 1,1929
N O R T H A D A M S , M ASS.
($1,000) Maryland Tr. C o.) Int. at Alex. Brown & Sons, Baltimore.
O fficers.—President, D. Lowenburg; Vice-President, H. L. Lowen- P opulation in 1895 was 19,135; in 1890 was 16,074; in 1880 was
burg; Treasurer, Caldwell H ardy; Secretary, Wallington Hardy.
10,191.
HOOSAC VALLEY STREET RY.—
Trolley road.
NORFOLK STREET RR.- ( S e e M ap p . 6 5 .)
O r g a n iz a t io n —Chartered April 7,1886.
ORGANIZATION—a consolidation June 7, 1894, of the Norfolk City
STOCK, Bonds, etc .—
Date. Interest. Outstand'g. Maturity, etc.
RR. Co. and the Suburban City Railway & Improvement Company Stock, par $100.1............................................... $100,000
.................. ..
10Q-7 5 5 J&J
100,000
July 1,1917
Franchise runs until Jan. 1,1944. Population of Norfolk in 1897 esti , . ’ . „ „
1st Mortgage.......................... 18971 ¡jew England Trust Co., trustee.
mated at 55,000.
Unfunded debt Sept. 30,’ 98.............................
34,331
.....................
In November, 1897, control was purchased by a syndicate headed
ROAD.—Owns 13 00 miles of main line track and 0*42 miles of sid
by John L. Williams & Sons of Richmond, Va., and Midden dorf, Oliver ings, etc. Extension to Williamstown, 6 miles, was completed in 1896
& Co., o f Baltimore, Md., and extensive improvements are contem
EARNINGS—For year ending Sep t.30,1898, gross, $76,660; net, $21,plated—see V. 65, p. 1024. A new mortgage was issued for the retire 962; other income, $2,582; int., taxes, e tc .,$11,342; dividends (6%),
ment of the old bonds and for improvements. In March, 1898, the $6,000; balance surplus for year, $7,202. 1897, gross, $81,328; net
Norfolk & Ocean View was purchased in same interest at foreclosure $30,470; interest and taxes, $8,656; dividends (6%), $6,000; balance,
sale. V. 66, p. 617.
surplus for year, $15,814.
STOCK & BONDS—
Date. Interest. Outstand'g.
Maturity.
OFFICERS— President and Treasurer, C. Q. Richmond, North Adams.
Stock. $1,000,000............................................. $1,000,000
..................
Norfolk City 1st M., gold, ( 1888 6g. J - J
125,000 Jan. 1,1913
$1,000............................c ( Int. at Mer. Trust Co., trustee, N. Y. City.
Norfolk Street cons, mort., S 1898 5g. J - J
900,000 Jan. 1,1944
N O R T H A TT LE B O R O U G H , M ASS.
$1,000,000, g. ($1.000)c. <Int. at Merc. Tr. & Dep. Co., Balt., trustee.
P opulation in 1895 was 6,576 and in 1890 was 6,727.
Road—Owns 20 miles of track in City of Norfolk, Va., and extending,
INTER-STATE CONSOLIDATED ST- RY —
to Lambert’s Point, 2 miles from city. Rails 60 lb. T and 80 lb. girder.
ORGANIZATION— Organized April 21,1895. See V. 60, p. 606.
EÄRNINGS—For 10 months ending Oct. 31,1898, gross, $148,273;
S tock & Bonds—
Date. Interest.
Outstanding. Maturity.
net, $77,024; charges, $48,784; bal., sur., $28,240; in 1897, gross,
Stock, $380,000, par $100.............
6 Q.—J. $380,000 See text
$111,094.
Coupon notes....................... 1897
4 Q.—F. 150,000 Apr. 28,1907
OFFICERS— (Jan., 1898), President, R. L . Williams, Richmond, Va.; Bonds auth., $200,000.................................. Nov.,’97,none
...............
........
50,000
...............
Vice-Prest., Frank O. Briggs, Trenton, N. J.; Treasurer, W. H. Doyle, Loans and bills payable Oct. 1,’ 98
DIVIDEND— lu 1897, 6 p . c.; in 1898, 6 p. c.; in 1899, Jan., 1^2 p. o.
Norfolk; Secretary, H. C. Whitehead, Norfolk. Directors —J. W.
Middendorf, Robert C. Davidson, Charles R. Spence, Frank O. Briggs, April, l ^ p . 0.
R oad —Owns 22-42 miles trolley track and l 1 mile sidings,
^
Wm. Habliston, R. L . Williams, R. B. Cook, W. H. Doyle, J. P. Andre
etc., from Main Street, Pawtucket R. I., to North Attleborough,
Mottu. In d e x —V. 62, p. 186; V. 65, p. 1024; V. 66, p. 617.
Mass., Hebronville, Dodgeville and Attleborough. The combined
NORFOLK & OCEAN VIEW RAILWAY— population of these towns was in 1890 about 41,937.
(See M ap, p . 6 5 .) A trolley and steam road.
L atest E a r n in g s —6 mos., 51898-9.... Gross, $66,511; net, $7,014
O r g a n iz a t io n —A reorganization in April, 1898, of the Norfolk &
Oct. 1 to March 31.
(1897-8...... Gross, 59,586; net, 7,286
Ocean View Railroad, foreclosed and purchased in the interest of the
EARNINGS— Year ending Sept. 30,1898, gross, $135,395; net, $42,811;
Norfolk Street RR.—V. 66, p. 617. Road 9 miles long; 15 miles of track. other income, $169; interest, taxes, 9tc., $11,237; dividends, 6 p. 0.,
New company is making improvements. Also owns valuable prop $22,800; surplus for year, $8,943. In 1896-97, gross, $126,736; net,
erty at Ocean View, a summer resort opposite Old Point Comfort, $37,492.
connecting with a ferry company giving through service between Old
OFFICERS—President. Marsden J. Perry; Secretary and Treasurer.
Point Comfort and Norfolk. In 1898 leased Norfolk Willoughby Spit Edward R. P rice—V. 61, p. 662, 871.
& Old Point RR. for 5 years, with privilege of renewal for 45 years
more. In May, 1899, the latter was sold to R. L. Williams, the Presi
dent o f the Norfolk & Ocean View.
N O R T H A M P T O N , M ASS.
O f f ic e r s . — President, R. Lancaster Williams, Richmond, Va.; Sec. H.
POPULATION in 1895 WAS 16,746; IN 1890 was 14,990; in 1880 was
C. Whitehead.
•
12,172; and IN 1870 WAS 10,160.
1897.
1896. I
1897.
1896.
Gross earnings. .$59,194 $64,609 Interest.................$31,080 $24,420
Net earnings___ 16,842 20 ,78 1 1 Dividends..........................................
Otherincome___ 1130,126 12,491 IBalance, surplus.
9,482 3,424
Taxes...............
6,406
5,428 |
Total sur. June30.
8,543 14,601
IT Note.—Includes $27,412 track rental from B. & N. F. E. and N. F.'
& Lewiston RR.
OFFICERS—President, J. T. Jones, Buffalo ; Vice-President, Wm. B.
Rankine, N. Y.; Secretary and Treasurer, Chas. B. Hill, Buffalo, N. Y.;
Supt., J. C. Brewster, Niagara Falls.
PORT NORFOLK ELECTRIC RAILWAY— N O R T H A M P T O NSTREET RAIL WAY-A
Road , Et c .—Operates 8 miles of track. Stock, $150,000; 1st mort trolley road.
O r g a n iz a t io n — Chartered Feb. 26,1873.
gage gold 6s, $60,000; dated 1892, due August 1, 1907; interest
STOCK, Bonds, Et c .—
Date. Interest. Outstand’g. Div’nds,<Se.
payable, F. & A. A second mortgage for $20,000 was issued in August,
Stock, $300,000, par $100..................................$300,000f.p.8ee text
1897, for paying floating debt and for extensions. On Oct. 27,1898, istM .,notsubj.tocall($500)o 1888 5 A - 0
25,000
Apr. 1,1909
B. Watkins Leigh was appointed receiver. In Dec., 1898, the receiver Loans and bills payable Oot. 1,1898 ............
56,000
was granted authority to issue $15,000 receiver’ s certificates for im
Interest at Springfield S. D. & Trust Co., Springfield, Mass.
provements. In May road was reported sold to a Baltimore syndicate,
Dividends—In year 1893-94 distributed $12,000; in 1895, 10 p. 0.;
—V. 67, p.9 5 7 .
.
1896, 10 p. 0.; Jan., 1897, 5 p. c.; July, 4 p . o. in 1898, Jan., 4 p. c.;
July, 4 p. 0.; in 1899. Jan., 4.
R o a d — Owns 17-125 miles of main track and 1-431 mile sidings, eto
N O R R IS T O W N , P A .
ANNUAL R e p o r t — For years ending Sept. 30 earnings have b een :
P opulation 1890 was 19,791; in 1880 was 13,063;
1898.
1897. I
1898.
1897.
AND in 1870 was 10,753.
Gross..................$92,326 $95,086 |Bal. fordiv’n ds..$25,074 $24,311
SCHUYLKILL VALLEY TRACTION—
Trolley Net. .................. 34,694
32,287 Dividends......... 24,000
27,000
7,976 |Bal. for year. ..sur.1,074 def.2,689
ORGANIZATION—Incorporated in September, 1893, as successor to the Int’st, taxes, eto. 9,620
OFFICERS—President, John Olmsted; Secretary, J. A. Sullivan; ViceNorristown Bridgeport & Conshohocken Traotion Co. Since Jan. 15,
1895, has controlled and operated the Conshohocken Ry. ,the Montgomery President and Treasurer, N. D. Winter; General Manager, A . E. Smith.
STREET RAILWAYS.
N O R W A L K , CONN.
P opulation
in 1890 was 17,747; in 1880 was
and in 1870 was 12,119.
13,956 ;
NORWALK STREET RAILWAY— trolley road.
A
In April, 1899, acquired by a syndicate o i New York capitalists
headed by ex-Lieut. Gov. of New York W. F. Sheehan. V. 68, p. 773
It is rumored the same people are seeking control of the Norwalk
Tramway.
O rganization—Chartered in May, 1862.
Stock ($500,000), $25.$100,000f. p.
Road—Operates 7-78 miles of
1st mort., 6s, J&J, auth. $200,000, track connecting Norwalk, South
issued $110,000, due 1919.
Norwalk and Winnipauk.
Subj. to call at 105 after July 1, ’ 99.
July 1, ’98, bills payable, $40,200.
Dividends in 1897-98, 6 per cent.
EARNINGS—Nine months ending June 30,1898, gross, $36,430; net,
$11,132; interest charges, $4,402; taxes, $2,230; dividends (4*** p. o.)
$4,500. In year 1896-97, gross, $50,834; net, $16,414.
OFFICERS—President, R. a . C. Smith, Secretary, H. G. Runkle, Phillipsburg, Pa.; Treasurer, A. M. Young, W aterbury; Gen. Manager and
Purchasing Agt, W. F. Acton. V. 68, p. 773.
NORWALK TRAMWAY-
67
Interest on consol. 6s at Co.’ s office.
With the consolidated mortgage of $1,400,000 all the underlying
bonds will be retired.
Road—In Feb., 1899, embraced 81-22 miles of trolley, extending
from Oakland to Alameda, Berkeley, Fruitvale and East Oakland.
OFFICERS—President, E. A. H eron; Treasurer. F. C. Havens; Sec
retary, Samuel J Taylor.
DIRECTORS—P. M. Smith, E. a . Heron, F. C. Havens, W. H. Martin
D. D. Harris, J. C. Winans, F. W. MoCann and Charles R. Bishop.—
V. 66, p. 1190; V. 68, p, 429, 673.
O A K L A N D R A I L R O A D —A cable and trolley road.
Road—Operates 18 miles of track (9*35 miles street mileage),
including 11 miles electric, 5 miles cable and 1 % miles horse.
Proposes to change entire line to electricity, using overhead single
trolley. Charter 50years from Jan. 27,1888. Gauge, 4 ft. 8*3 inches.
Girder rail, 70 lbs. Cars, 32. Securities not yet issued in May, 1899Pres., F. S. Douty; Sec., J. R. Folsom, Supt., M. M. Martin.
OAKLAND SAN LEANDRO & HAYWARDS
ELECTRIC RAILWAY CONSOLIDATED
O rganization—Incorporated May 6,1889. Charter perpetual.
O rganization—A consolidation May 8, 1894.
S tock & Bonds—
Date.
Interest. Outstand'g. Maturity.
STOCK & Bonds—
Date.
Interest. Outstanding. Maturity
See below. $287,000 ..............." . . . Stock ($1,000,000 auth.))
Stock (S100) $850,000..............
n w 5 8,000 shares. )
1st mort., $20,000 p. m .; 1893
5 g. M - 8 383,000 Sept. 1,1923
l $22-6213 pd. in. $
.........
—$100............................5 ..........
gold, $1,000............. c* 5 Interest at Atlantic Tr. Co., trustee, N.Y. City. Oak. San Leandro & H ay .) 1892 6g M-S
$250,000 Mar. 1,1922
Subject to call at 104 after Sept. 1,1898.
Ry.lstM.gold $1000 e a .) Interest is payable by check.
The first mortgage bonds are a first lien upon all property of every 23d Ave. Ry. 1st mort., i 1893 6g M-S 15
$250,000 Mar. 1,1923
gold, $1,000 each........ 3 Interest is payable by check.
description now owned or hereafter acquired. Under the terms of the
Mortgage trustee is the California Title Insurance & Trust Co.
mortgage the bond issue is limited to $20,000 per mile o f construction
Bonds—Both mortgages have sinking fund commencing ten years
and equipment, and under laws of State cannot exceed 75 per cent of
after date and increasing from 2 per cent yearly (of total bonds out
the cost of road and equipment.
Dividends—From July, 1893, to July, 1895, dividends of 2 per cent standing) for the first five years to 8 per cent for last five years. The
bonds are not subject to call before maturity.
yearly paid J. & J., none since.
R o ad —In Feb., 1899, was said to operate 25 miles of track, all but
Road—Owns and operates from Broad River through City of Nor
walk to South Norwalk and Westport, and also to the excursion grounds 1 ^ miles being electric.
OFFICERS—President,H. W. Meek; Vice-President, Wm. J. Landers
at Roton Point on L. I. Sound, to Gregory’s Point, to Five Mile River,
Darien, Noroton and Stamford, a total trackage, with sidings, of 20 Secretary, S. B. McLenegan; Treasurer, C. E. Palmer.
miles. Road laid with 48 and 56 and 70 lb. T rails. Extensions from
Norwalk to New Canaan to be built in 1899.
O G D E N S B U R G , N. Y .
Earnings—For the year ending Sept. 30,1898, gross, $68,372; net,
P opulation 189t) was 11,662 ; in 1880 was 10,341 ;
$24,578; interest, $19,343; taxes, $3,697; rentals, $518; balance,
and in 1870 was 10,076.
surplus for year, $1,020. In 1896-97, gross, $60,670; net, $20,802;
OGDENS BURG STREET RY.-A tr lle r a .
o y o d
interest, $16,525.
STOCK & BONDS— Date.
Interest.
Out*tanding.
Maturity.
OFFICERS—Prest,, T. M. Waller; Vice-Prest., G. N. MoKibbin; Seo. Stock, $150,000 ($ 1 0 0 )............................
$150,000
..................
Treas. and Supt., K. W. Mansfield.
l8*150O
00b<
^500’
1895
6 M_S 2
150,000
Sept. 2 ,1925
Mortgage trustee, West End Trust Co., Philadelphia
N O R W IC H , CONN.
ROAD—Owns 10 miles of track laid with 48 lb. rails.
P o p u l a t io n 1890 w a s 16,192; and in 1880 w a s 15,112;
EARNINGS—From Jan. 1 to Mar. 31, 3 months, gross $3,637 in 1899,
NORWICH STREET RAILWAY- A trolley road. $3,002 in 1898. For year ending June 30,1898, gross, $19,699; net,
ORGANIZATION—Incorporated in 1882 and has a perpetual franchise.
$9,066; interest and taxes, $2,858; balance, surplus, $6,208.
STOCK & Bonds— Miles. Date. Interest. Outstand'g
Maturity.
OFFICERS—President. H. A. Sage, Easton, Pa.; Vice-President, J. F.
Stock ($6oO‘000 a u -<....................
J - J $250,000
See text
Dolan; Secretary, H. W. Cooley; Treasurer, J. B. Reilly.
thorized—$100— ( Dividends at Am. Loan & Trust Co., Boston.
1st mort., $350,000, j 12: 1893 5g. A -O $265,000
Oct. 1,1923.
gold, $1,000...........( Interest at Am. Loan & Trust Boston.
June 30,1898, bills payable, $15,000.
O L E A N , N. Y .
Mortgage of 1893 is for $350,000, of whioh balance unissued is re
P opulation 1890 w\s 7,358; in 1880 was 3,036;
served for improvement and additions, being issuable therefor only
and IN 1870 was 1,327.
under general laws of Connecticut to 75 p. c. of actual cost of same.
OLEAN STREET RY-A h r e a d tr lle o d
os n
o y a .
Dividends—From 1895 to July, 1897, both inclusive, 5 p. o. yearly; in
ORGANIZATION— C a te e M r 1, 1880. In J ly 1897, w s
hr rd ac
h
u ,
a
1898, Jan. 1 p. e.; July, 1 p. o.; in 1899, Jan., 1 p. o.
a th r e to In r a e o s c fr m $300,000, a d
u o iz d
c e s f to k o to
$16,000
n $300,000
ROAD—Owns 12-46 miles of track, of w hich-55 miles sidings. Exten new bonds for paving and extension to East Olean and Portville.
sion o f !a mile proposed in Jan., 1899.
Company made no report for 1897-8, but gross income was $34,977.
ANNUAL R e p o r t — For years ending Sept. 30 earnings w ere :
par
(?)
Earnings—
1896-7. 1895-6.
Gross.
Net.
Int. A taxes. Dividends. Balance. Stock $300,000,May $100.
1st m. 6s, J&J,
1, ’ 23.$75,000 Gross earnings..$26,122 $27,789
1897-98......... $75,630
$19,491
$13,928
(2) $5,000 sur.$563
9.025
Consol. M. $300,000 ) $l)n non Net....................... 6,738
26,318
17,750
(5) 12,500 df.3,932
1896-97........ 79,502
gold 5s, J-D , 1927.. \ ¡*>¿0,000 Interest & taxes. 6,433
6.026
OFFICERS—October, 1898, President, B. P. Learned; Secretary & Bills payable June 3 0 ,’ 97. 13,994 Balance, surplus.
305
2,999
ROAD—Owns 5*54 miles of single Total surplus___ 22,664
22,359
Superintendent, W. L. Adams, N orw ich; Treasurer, W. A, Tucker.
track and -J32 of sidings.
Pres., Clare Willard; Sec. and Treas., G. H. Strong.—V. 65, p. 152
N Y A C K , N. Y .
P opulation 1890 was 4,111; in 1880 was 3,«81.
N Y A C K T R A C T I O N —To be a trolley road. Reorganized
in 1898 by Isaac A. Walker & Son, who purchased the franchise, right
o f way, e t c , and are constructing road. To extend from Sparkill,
N. Y., to South Nyack, Nyack and Upper Nyack, with an extension
from the ferry at Nyack to West Shore RR. station, and from Upper
Nyack to Rockland Lake; total, 12 miles. The stockholders voted to
increase the stock from $75,000to $150,000. President,Henry C. How
ard, Chester, Pa.; ¡see.. Geo. D. Howell, Philadelphia, Pa.; Treas., E.
F. Walker, Philadelphia, Pa.—V. 67, p. 789.
O AK LAN D , CAL.
P o pu la t io n 1890 w a s 48,682; in 1880 w a s 34,555
OLEAN ROCK CITY & BRADFORD RYO r g a n iz a t io n .—Organized in 1897. Capital stock, $210,000; funded
debt 6s, 1917, J&J (American Loan & Trust Co., Boston, trustee,)
$6,500; notes payable, $191,400. Operates 17*2 miles of road; track
age, 2-31; sidings, 0-70; total, 20-51 miles. President, W. B. Ferguson;
Secretary, George A. Butman, 53 State Street, Boston.
O M A H A , NEB.
P opulation 1890
was 140,452 ; in 1880 was
and in 1870 was 16,083.
30,518 ;
DUNDEE PLACE CAR LINE— electric road.
An
Road, Et c .—Operates 1 ^ miles of track. President, R. W. Patrick.
EAST OMAHA STREET RY .-A tro y r a .
lle o d
an d in 1870 w a s 10.500.
ORGANIZATION— Chartered April 18, 1893, and afterwards bought
T R A N S I T C O . - A trolley road.
out the line of the Inter-State Bridge & Terminal Ry. Co. Company
O r g a n iz a t io n —Incorporated in 1898 by the “ Realty Syndicate ”
as a consolidation of the Central Avenue, East Oakland Street, Oak holds an exclusive franchise on all the streets in East Omaha until
land Consolidated, Highland Park & Fruitvale, Alameda Oakland January, 1919, and for the same time exclusive rights across the
& Piedmont, Piedmont & Mount View and California Rys. See V. Omaha Bridge & Terminal Company’s bridge, spanning the Missouri
64, p. 287. Assessment of $1.00 per share was called for payment. River and leading to Council Bluffs, Iowa. This latter franchise is
regarded as very valuable. A t present lines are only operated in the
April 24,1899. Y. 68, p. 673.
suburb, East Omaha, but ultimately to be extended to Council Bluffs.
STOCK & Bonds—
Mis. Date. Interest. Outstand'g. Maturity.
Stock, $5,000,000 (par $50) ............................. $3,985,900 ....................
STOCK & D ebt —Authorized oapital $1,000,000, par $100; issued
Central Ave. Ry. 1st M., g., 5
189? <6g
* 120a099
•1929
$1 000 sink f o*
Interest is payable at California Tr. Co., and outstanding, full paid, $86,750. No bonds. Unfunded indebted
ness Nov. 1,1897, $12,022. Dividend 6 p. c. January, 1894; none since.
’
*
....................... L Trustee. San Francisco, Cal.
Oak. Consol. St. Ry. 1st M. J . . 1894 6g. F-A *361,000 Aug. 1,1911
ROAD—Operates 5% miles of single track on 3 ^ miles of street.
$500,000 g., $1,000— . I Trustee, California Safe Dep. & Trust Co.
Al. Oak. & P. 1st M .............................................
$287,000 .................. Gauge 4 feet 8*2 inches. Rails 40 lb. T and 45 lb. girder.
OFFICERS—President, Arthur S. P otter; Vice-President, Dudley
1st Cons. Mort. $1,400,000 J .. 1898 6 g J-J $1,400,000 July 7,1918
No s.f., not subj to call c ( Calif. Safe Dep. & Tr. Co., trustee.
Smith; Treasurer, H. W. Y ates; Secretary, John R. Webster.
O A K LA N D
STREET RAILWAYS.
68
OMAHA STREET RAILWAY— tr lle r a .
A o y o d
Jan. 1,1889. This is a consolidation
o f all the street railway properties o f the oity operated by cable, horse
m il electric powers. Has the benefit of three franchises.
S tock & BONDS—
Date. Interest.
Outstanding.
Maturity.
M .-N . $5,000,000 f. p.
See text.
«took ( $ 1 0 0 ) ............ - .......
Om. St. By. 1st consol.
___
o
_
.
M .,$2,500,000, gold.... 1889 5g. M.-N.
2,250,000
May 1,1914
Interest is payable at the Farmers' Loan & Trust Co., N. Y. City
Consols for $500,000 were issued in July, 1896, to retire the first 6s.
Dividends.—During fiscal year 1895-6 paid dividend of 1 p. c.
Road—Operates about 90 miles of track. During 1895-6 spent
$60,000 for new construction and equipment. In 1897 and 1898 ex
pended for betterments about $325,000.
In Feb., 1899, old trackage was being re-laid as quickly as possible
with 73-lb. rail and all new traokage is to be of same weight.
EARNINGS—For year ending Nov. 30, 1897, gross, $596,763; net,
272,165; interest charges, $123,185; balance, surplus for year, $148,980. In 1895-6, gross, $559,388; net, $209,873.
OFFICERS—President, Frank Murphy; Vice-President, Guy C. Barton;
Treasurer, W. W. Marsh; Sec., D. H. Goodrich; Gen. Man. W. A.
Smith; General Supt. and Purch. Agent, F. A. Tuoker.—V. 67, p. 843.
O
r g a n iz a t io n —Incorporated
OMAHA & COUNCIL BLUFFS RAILWAY
&, BRIDGE— n e c ic r a .
A le tr
o d
O rganization—Has a new charter for 50 years from Oct. 1,1897.
Refunding.—In August, 1897, sinking fund payments for $66,667
were in default and total floating debt was $171,657. Negotiations
were pending for refunding bonds at lower rate of interest.—V*
65, p. 236.
Date.
Interest. Outstanding.
Maturity.
S tock & Bonds—
$1,500,000
..................
Stock............................... ............................
1888.
6 g J -J
400,000 Jan. 1,1908
1st mort, (see below) )
gold,$l,000.sinking £ Subject to call at 110 in 1899.
fund, $500,000.. .o* j Int. at Mercantile Trust Co.(trustee), N.Y. City,
Bonds guaranteed—
July 1,1909
g J-J
$250,000
Council Bluffs St. By. ) 1889.
1st M. *250,000gold i Subject to call at 106 in 1899.
;
„
$1,000 guar. p. < i. (Interest at Mercantile Trust Co., trustee, New
fc
(end.) sinking fund c* ) York City.
R oad—Operates 25 miles o f track.
Bonds—Additional 6s may be issued at $25,000 per mile for road
acquired and unencumbered. The sinking fund is $20,000 yearly till
January 1,1899, and thereafter $30,000. OFFICERS—President, N. W.
Wells; Vice-President, J. J. Brown; Secretary, C. T. Stewart; Treasurer, J. H. Millard; Gen. Supt.. W. S. D im m ook.-V . 65, p. 236.
O R A N G E , N. J.
P opulation in 1898 w as (estimated ) , 25,000 ;
1890 was 18,844; in 1880 was 13,207;
and in 1870 was 9.348.
ORANGE MOUNTAIN TRACTION COO rganization—Successor to Orange Mountain Cable Co. sold Oct. 9,
1895, to Charles E. Eimerman, of Philadelphia, for $10,550.—V. 61, p.
662. Stook, $100,000; par $100. Jan. 1,1899, real estate mortgages,
$28,260; unfunded debts, $12,752. Owns 1*3 miles o f cable incline,
extending to top of Orange Mountain, in Township of West Orange.
For year ending Dec. 31,1896, gross, $5,173; net, $3,076. Notoperated
during 1897; re-opened April 9, 1898. President, Frank Brewer
Orange Valley, N. J.; Sec., A. F. Skinner, Nutley, N. J.; Treas’r, John
O'Rourke, Orange, N. J.—V. 60, p. 968,1010; V. 61, p. 366, 662.
general combination of the gas, electric-lighting and street railway
interests of Oshkosh. J . K. Tillotson. of Toledo, was said to have an
option on the Citizens’ Traction, and to have already purchased the
Oshkosh Gas and also the electric company.
O rganization , Et c —in 1897 this company purchased the Oshkosh
8t. RR. for $37,000. Road now owned comprises 16 miles o f track.
Population of Oshkosh and South Oshkosh in 1897 was given as 32,000.
S tock AND Bonds—
Date. Interest.
Maturity'
1st mortgage, $250,000, j
1897 5g. J-D
250,000 D eo. 1,1927
gold............................ o* ( Int. at West End Trust, Phila., trustee.
President, George J. Kobusoh; Secretary, J. K. Tillotson; Treasurer,
O tfA TT V ad
nr —
.V Ai. n 7QQ.
O S W E G O , N. Y .
P opulation 1890
and
21,842; in 1880
IN 1870 was 20,910.
w as
w as
21,117;
LAKE ONTARIO& RIVERSIDE RAILWAY
S tock & BondsDate. Interest. OvtstancTg. Maturity.
Stock, $300,000 (par $50).................................. $300,000 .....................
Receivers’ certificates.......... . 1897
See text.
Fulton & Oswego
__
m ortgage.................. ......-1 Interest and principal in default.
Lake Ontario & Riverside—
■ 4.....
__1QQfi
Mort., $300,000, g o ld ........ 1896 6g. M-S
1
4
7
V
Interest defaulted Sept. 1,1896. Trustee, Guaranty Trust Co., n . x.
RECEIVER—F. H. Tidman appointed Oet. 3,1896, interest due Oct. 1
on Oswego St. Ry. firsts not having been paid.—V. 63, p. 652. Fore
closure suit under Oswego Street Railway first mortgage of 1891
begun in February, 1898. In Sept., 1898, the receiver was reported
authorized to issue $15,000 certificates to pay for new rails and pav
ing. On April 10, 3 899, sold under foreclosure and bought in by Max
B. Richardson, of Oswego, representing the bondholders, for $80,000R eorganization .—The reorganization plan under which the road
was sold provided that either or both Oswego St. R y . first mortgage and
L. O. & R. first mortgage should be foreclosed. New company to issue:
Common stock, $200,000; 4 p. o. non-cumulative pref., $100,000; first
mortgage 30-year 5 per cent gold bonds, $100,000; and second mort
gage 30-year 3 per cent gold bonds, $200,000. Holders of the $125,000 old Oswego Street Ry. bonds to receive 100 per cent in the new
second mortgage bonds, 50 per cent in the new preferred stock and 25
per cent in the new common. The new first mortgage bonds will be
available for improvements, floating debt, etc. See V. 65, p. 278.
Road — l ^ miles o f track, of which old Fulton & Oswego Falls, 1*4
l
miles, operated with horses, but in August, 1898, steps were being
taken looking to change of motive power to electricity. In Nov., 1898,
operation was reported temporarily discontinued, pending the mak
ing of certain betterments.
EARNINGS— Year ending June 30,1898, gross, $22,965; def. from op
eration, $4,944, taxes and interest, $13,454; deficit for year, $18,398;
1897, gross, $21,099; net, $1,446; taxes and interest. $9,014: deficit
vimr. $10.460.—V, 65, p. 278; V. 67, p. 1161; V. 68, p. 474, 772.
SO. ORANGE & MAPLEWOOD TRACTION.—
O T T A W A , ILL.
P opulation in 1890, 9,985 ; in 1880, 7,834.
ORGANIZATION— Owns no road but leases, it is understood, the South
O T T A W A STREET R A I L W A Y . —A trolley.
Orange < Maplewood St. Ry. Stock authorized and paid in to Jan. 1,
fe
O rganization .—Purchased the Ottawa Eleotrio Street Railway.
1898, $25,000; bonds have been authorized, but none issued to date
mentioned; other debts $11,000; costof equipment and appurtenance, Commenced operations July 1,1897.
R eceivership- I n January, 1898, L. W. Hess was appointed receiver,
owned, $10,600. Pres't, Frank Brewer. Treasurer, Wm. M. Haines.
and the company was in 1899, being reorganized by Griffith, Donnell
s
SOUTH ORANGE & MAPLEWOOD ST. RY. «S Co. of New York. In March, 1899, the incorporation of the Ottawa
S
O rganization—Length of m ainline, 2-6 miles double track; total Railway Light « s Power Co. b y Loins W. Hess and others waB reported.
trolley, including sidings, 5*5 miles. Gauge, 4-ft. 8 1 in. Rails, T and Population in 1897 (local census), 16,000.
«
S tock AND B o n d s .— Capital stock authorized and issued, $100,000.
girder. Power rented. Stook issued, $100,000; debts Jan. 1, 1898,
about $59,538. Cost of road and equipment to J an. 1,1898, $184,53 8 First mortgage 5 per cent gold bonds—authorized $100,000; issued,
For year 1897, gross, $5,026; net, deficit, $1,657. Pres., Frank Brewer, $90,000; in treasury, $10,000 ($1,000 each) for contemplated extension.
R o a d .— Eight miles o f track; 56-lb. center-bearing and T rail.
Sec. and Treas., Wm. M. Haines. Gen. office, Orange Valley, West
OFFICERS— President, F. S. Donnell, New York; Vice-President and
Orange, N. J.
Treasurer, C. A. Gregory, Boston.
ORANGE & PASSAIC VALLEY RY.—
Trolley road.
O r g a n iz a t io n — Incorporated in 1898 as successor o f Suburban
Traction Co.; sold in foreclosure July 6,1898.
Maturity.
Outs’ding.
STOCK & Bonds —
Date. Interest.
O T T U M W A , IO W A .
Stock, $1,000,000...........................................
(i)
Or. & B1 Crosstown Ry. 1st)
$60,000
P O P U L A T I O N 1890 W A S 14,001; I N 1880 W A S 9,004;
M „ assumed..................... >
A N D I N 1870 was 5,214.
150,000
1923
5 J-D
■ R R _____________ guarSub.Trac. Consol. M..■ ____ V1893
anteedloan, assumed___\ Amer. Loan & Tr. Co., Boston, Trustée.
OTTUMWA ELECTRIC & STEAM CO.-A
non non
î 1898
5J- D
(î)
Dec. 1,1948
New mort., $1,000,000— £ n .J. Tit. Guar. & Tr. Co. of Jersey C’ y, Tr. trolley road.
O r g a n iz a t io n — Property of the Ottumwa Electric Ry., including
Road—10 miles o f track on 7 miles of streets. Extension proposed.—
railway, heat and power plant, was sold under foreclosure on April 28,
V. 67, p. 75.
1898 (V. 66, p. 901.) and the present company organized in 1899.
Earnings—Earnings of Suburban Traction :
STOCK and B o n d s . —Capital stock is understood to be 200,000;
Expenditures.
1897. 1896.
Ramings.
1897.
1896.
From passeng’rs.$60,091 $63,786 Repairs............... $11,624 $15,361 information declined because only four parties interested in property
52,637
Other sources....
588
4,460 Sup’intend. <feman.49,878
now, and bonds all held in Ottumwa.
OFFICERS- President, Charles A. Sterling; Vice-President, William
_in 1898 company operated 6 miles of trolley in city o f O t
Soheerer; Sec. and Treas., John H. Ely.—V. 67, p. 75; V. 68, p. 381.
tumwa, Iowa. All by electricity. Weight of rails, 38 lbs. girder and
40 lbs. T- Also does municipal, commercial and residence electriclighting; supplies electric power for stationary motors, etc., and
O SH K O SH , W IS .
operates a system o f steam heating, with 3 ^ miles of mains.
P opulation 1890 was 22,836; in 1880 was 15,748;
O fficers—Pres- and General Manager, J. H. Merrill; Vice-Pres.,Wm.
AND in 1870 was 12,663.
Daggett; Sec., J. B. Sax; Treas.. J. W. Garner, all of Ottumwa.—V. 66,
CITIZENS’ TRACTION CO.— tr lle r a .
A o y o d
In May, 1899, it was reported that this road was to be included in a p. 901.
STEEET RAILWAYS.
OW ENSBORO, K Y.
69
E a r n in g s —For years ending December 31 earnings have been:
Years—
Gross.
Net.
Fixed Charges. Bal., sur»
1898........................$374,899
$166,889
$109,260
$57,629
1897........................ 347,023
150,318
109,555
40,763
128,556
106,683
21,873
OWENSBORO CITY RAILROAD— tr lle r a .
A o y o 1896....................... 319,085
d
ROAD—Operates 40 miles of track in Paterson, N. J., and extending
O rganization—C a te e In
h r r d 1886. F a c is r n till and
r n h e u s 1986
to P s a Garfield, Clifton, Haledon and Acquackanonk City.
a s ic
,
^ e e c s e r h to o e a s e t r ilw y in s idc .
iv s x lu iv ig ts
p r te tr e a
a
a
ity
OFFICERS—President, G. A. Hobart; Seo., Albert A. W ilcox; Treas.,
. S tock & Bonds—
Miles. Dale. Interest. Outstand’g Maturity
Stock, $50;000 (par $50)....................................... $50,0001. p................. Hobart Tuttle; Purch. Ag., J. B. Anthony, Jr.—V. 62, p. 365.
1 s tM., $500 each............. i T8> 1888
6 J-J
26,000
1908
PATERSON CENTRAL ELECTRIC RY.
___ .
i Interest at Louisville Banking Company.
^ d $100,000 ($500), cnr.,< 8*2 1894 6 J-J
75,000 Jan. 1,1917
RECEIVERSHIP—William Barbour a d
n Charles Curie were a p in d
p o te
not subject to call........ <Interest at Louisville Trust Company,
receivers in J an., 1898, on application of President.—V. 6 , p135.
6 .
Bonds—Of second 6s $25,000 reserved for first mortgage when due Stock, par $100........ $150,000 f. p.
Earnings—
1897.
1896.
Road—Owns 10 miles o f trolley track in Owensboro and suburbs.
1st mort. 5s, 1915___
46,000 From pass’s.......$13,795 $19,081
30,952 Other income___
206
668
O fficers—Pres.,w. E.Whitely; Seo.,R. A. Miller; Treae., J.H . Parish. Other debts J an. 1,*98
Cost road and equip.
154,045 Oper. expenses.. 21,065
25,102
ROAD— 8 miles o f trolley.
Interest charges 2,873
......
P opulation 1890
was 9,837; in 1880 was
and in 1870 was 3.437.
6,231;
PADUCAH, K Y.
Population in 1890
IN 1870 was 6,866;
was 12,797; in 1880 was 8,036;
and in 1898 (estimated ) 23,000.
PADUCAH RY. & LIGHT O - A trolley road.
C
P E E K S K IL L .
P opulation
in
1890
was
9,676;
and in
1880
was
6,893.
PEEKSKILL TRACTION CO.-To b a tr lle r a .
e
o y od
O rganization—Consolidation in 1898 of the entire street railway and
ORGANIZATION— Incorporated in May, 1898, with a oapital o f $150,■electric-lighting plants of Paducah.—V. 67, p. 127, 483. In 1899 000, to construct an electrio railway in and between Peekskill and the
granted 25-year franchise.
towns of Cortland and Yorktown. Contract to build 6 miles given
_ STOCK db Bonds—
Date. Interest. Outstanding. Maturity. in May, 1899. Incorporators: Charles Mason, James A. Haight,
•Stock, par $100.................................................... $200,000 ............... .
1st mortgage $400,000 gold. 1898 6 g. J - J 250,000 July 1,1018 Frank Frye, Charles N. Wells, Jay B. Decatur, Matthew d u n e , James
F. Martin and Hanford Smith of Peekskill and Jaoob L arrsch ofN ew
Interest at American Trust & Savings Bank, Chicago, Trustee.
Sinking fund July 1,1903, 3 p. o. annually of amount outstanding. York City. President, Frank Frye, Peekskill.
Bonds are redeemable at 105 after 10 years.
Road—Operates about 14 miles of track and new extensions were
P E N N Y A N , N. Y .
ibuilding in August, 1898.
P opulation in 1890 WAS 4,254; in 1880 was 3,475.
OFFICERS—President, Geo. C. Thompson; Secretary, T. J. Flournoy;
PENN YAN KEUKA PARK & BRANCH-Manager, Geo. C. Wallace. - Y. 67, p. 127, 483.
PORT R Y - A trolley road.
O r g a n iz a t io n —Incorporated in 1897. Stock, 8100,000; par, $100:
outstanding, $90,000. Bonds, 20-year gold 5s, $100,000, dated Aug.,
P A IN E S V I U L E , O.
1897, $500 each, all issued; Amer. Loan & Trust Co., Boston, trustee.
population in 1890 was 4,755; IN 1880 was 3,841.
Boad runs from Penn Yan to Branchport, 83i miles; with sidings and
PENNSYLVANIA & O H I O R Y . - A trolley road.
O rganization—Incorporated on March 17, 1898, to build an elec terminals, 10 miles. Extension, Branchport to Poulteney, N. Y., 4 ^
tric road from Conneaut westward to Kingvllle, Ashtabula, Say brook, miles, is proposed. Earnings for year ending Sept. 30, 1898, gross,
Painesville and Geneva, there to connect with extension o f Cleve $15,437; net, 85,540; other income, $125; interest and faxes, $4,606;
land Painesville & Eastern By. In April, 1899, work in progress, bal., surplus, $1,059. President, W. S. Beed, Leominster, Mass.; Sec., F.
commencing at Conneaut Harbor. Pres.,Thos. Fricken; Yice-Pres., W. H. Viele, Keuka Park, N. Y.; Treas., W. H. Tylee, Worcester, Mass.
F. Stanley; Seo’y, E. L. Hills; Treas., B. W. Baldwin; Purch. A gt.,T.
Fricken. OfHoe at Ashtabula.
P E O R I A , ILL.
P o pu la t io n 1890 w a s 41,024 ; in 1880 w a s 29,259 ;
P A S S A IC , N. J.
A N D I N 1870 W A S 22,849.
P opulation in 1890 was 13,028 ; in 1880 was 6,532.
C E N T R A L R A I L W A Y .— trolley road.
A
STOCK & Bonds—
Miles. Date. Interest. Outstand'g. Maturity.
PASSAIC & NEWARK ELECTRIC TRAC
Svk $750,000(par, $ 1 0 0 )....................................... $750,000 ..................
TION—A trolley road.
1st M.,$750,000,gold,) ........ 1895 5g.A & 0
500,000 A p r.l,1915
ORGANIZATION— Incorporated April 30,1895, and acquired all the
($1,000).................o* >Interest at N.Y. Security&Tr.Co.,N.Y.,trustee.
$1,000,000 stock (no bonds outstanding) of the Passaic & Newark
Bonds of 1895 cover the entire system, including the lines of the Fort
Electrio By. Consolidated Traction Co. of New Jersey, which operates d a r k St.By., control of which wasacquiredin Aug., 1895. V. 61, p. 793.
the road, owns all the stock and guarantees the bonds.
R o a d — Owns 60 miles o f track.
STOCK & Bonds—
Date. Interest. Outsland’g. Maturity.
EARNINGS— For 7 months from April 1 to October 31,1895, on 41
Stock., $1,000,000 (par $100) ............................$ 1,000,000 .......................
1st M .,$l,000,000,guar. p&i. J 1897 5 J-D
550,000 June 1,1937 miles, gross, $177,885; net, $76,532. Not including Fort d a r k Street
by Consol. Trac, o f N. J ... ( Int. at N. J. Title Gu. & Tr., Jersey City. By. 1894-5 gross, $201,051.
ROAD—Owns 10*78 miles of track.
O f f ic e r s — President, Walter Barker; Sec., J. N. Ward: Treas., H. J.
E a r n in g s — Year 1897, gross, $43,054 ; in 1896, gross, $11,729. Later W oodward; General Mana. and Purch. Agt., J. Finley. V. 61, p. 966.
■earnings included in North Jersey St. By.—See Jersey City.
GLEN OAK & PROSPECT HEIGHTS RAIL
O fficers -President, Bird W. Spencer; Secretary, W. G. Shaller, WAY —A trolley and steam road.
Treasurer, F. M. Stillman.—V. 61. p. 420.
ORGANIZATION— A consolidation of 1896. Stock issued, $81,000;
first mortgage gold 6s (M&N), due 1916, $100,000; Boyal Trust Co. o f
P A T E R S O N , N. J.
Chicago, trustee; miles of track. 7 ’2. President, M. Sieberling.
P opulation 1890 was 78,347; in 1880 was 51,031;
PEORIA & PEKIN TERMINAL RAIL
AND IN 1870 WAS 33,579.
THE NEW JERSEY ELECTRIC RAILWAY. W A Y . —Steam and electricity.
O r g a n iz a t io n — Incorporated as Peoria & Pekin Traction Aug. 5,
RECEIVERSHIP— Former President J. L. Heins (Hoboken, N. J.,) was
appointed receiver in Dec., 1897—see Y. 65, p. 1174; V. 66, p. 288. 1897, to build and operate a terminal system in and between Peoria
and Pekin. Leases from Chic. B. I. & Pao. the Peoria Terminal BE. for
Foreclosure sale ordered to take place in June, 1899.
In 1899 control secured by the Shanley syndicate, which is dominant 50 years from December, 1897. In May, 1899, name changed to Peoria
in the North Jersey Street Bailway and the North Hudson County & Pekin Terminal Bailway. Tucker, Anthony & Co., Boston, are finan
cial agents.
system.
STOCK & Bonds—
Date.
Interest. Outstand'g. Maturity.
STOCK & Bonds—
Miles. Date. Interest. Outstand’g. Maturity.
Stock, $500,000 (par $100) ...............................
$300,000
............
Stock, $3,500,000 ($ 1 0 0 )......................................$2,287,900 ..................
5g. J-J None,Nov.’ S8 1928
Mort., $3,500,000, gold.......... 1894 5 g. text. 2,367,233 N’v.1,1944 IstM ., $600,000, gold ....c*> 1896
$1,000 each....................... 5 U. S.Mort. & Trust Co., N. Y .t trustee.
Other debts Jan. 1 ,1 89 8 .........................................
756.917 ...............
Road—Entire line about 20 miles of track; owned 12 miles, leased 7
MORTGAGe—Trustee is the Mercantile Trust Co. of N. Y. City. Interest
miles. Also has rights over five miles of local street railway in Peoria
has been paid partly in scrip, but is now in default.
and privilege o f transferring over 46 miles additional. Freight and
ROAD—A n electrio railway projected between Greenwood Lake, through passenger business handled by steam. Local passenger
Singao, Paterson, Passaic, Butherford, Hoboken and Jersey City—total business in and between Peoria and Pekin by electricity. Boad ex
pected to be in operation by July 1,1899.
60 miles. Jan. 1,1899, 40*57 miles of track operated.
OFFICERS— President, T. J. Miller, Peoria; Vice-President, W . H.
EARNINGS—F o r th e y e a r 1898 $275,709; o th e r in co m e , $1,296; th e
Trumbull, Boston; Treasurer, P. L. Saltonstall, Boston; General Mane
expenditures for repairs” were $38,729; and for operating, $169,091,
ager, L. E. Myers, Peoria.—V 68, p, 673.
balance, net for year, $69,185. In 1897 gross, $246,548.—V. 65, p
1174; V. 66, p. 288; V. 68, p. 86.
PETERSBURG, V A .
PATERSON R AILWAY - A n electric road.
ORGANIZATION—Incorporated May, 1890, with a perpetual charter.
STOCK & Bonds—
Date.
Interest.
Outstand'g. Maturity.
«took ($100).................................
....
$l,250,000f.p....................
Paterson By. 1st M........ 1888 6 J .-D .
$200,000 June 1,1908
Paterson Citv Rv M
$1890 6 F*“A*
50,000 Aug. 1, 1907
araterson Gity ±sy. m .......) Interestat First National Bank of Paterson.
Oonsol. M., gold, $1,250,-< 1891 6 g, J .-D .
1,000,000 June 1,1931
000 ($1,000).................o ( Trustee, Knickerbocker Trust Co.
2d mn Tnoi*f «Mnnnnn 51894 6 A .-O .
300,000 Oot. 1,1914
2 gen. mort., $300,000.. £ Trustee, Paterson Savings Institution.
Other dpbt Jan. 1 ,1 89 9 ......................................... $124,441
..................
L atest Earnings—4 months to April 30.
4 months—
Gross.
Net.
Charges.
Surpltis.
1899................................... $114,618
$44,608
$36,300
$8,308
1898.................................... 107,364
42,282
35,600
6,682
P opulation 1890
was
22,680;
in
1880
w as
21,656.
PETERSBURG RY. & ELECTRIC COO rganization—In Feb., 1899, the Piedmont Traction was pur
chased, together with the Virginia Traction Co., by John L. Williams
& Sons, of Bichmond, Va., and Middendorf, Oliver & Co., of Baltimore,
Md., and the Petersburg Bailway & Electric organized to take over
the properties. V. 68, p. 430. The same people also own the electriclight system in Petersburg. It is reported the stock will be $500,000
and the bonded indebtedness authorized $1,500,000; but o f which
only $500,000 to be issued at present. The new owners are proceed
ing to rebuild and re-equip the entire lines, erect new power house, etc.
President, B. Lancaster Williams, Bichmond, Va.—V. 67, p. 435,1004!
V. 68, p. 332, 430.
STREET RAILWAYS.
70
P H IL A D E L P H IA , P A .
P opulation 1890 WAS 1,046,964; IN 1880
AND in 1870 WAS 674.022.
was
847,170
U N IO N T R A C T IO N .— trolley road.
A
O rganization —
Chartered September 13,1895, and acquired practi
cally all the shares of the Electric Traction and People’ s Traction Com
panies in place of which were issued collateral trust certificates
secured by the shares placed in trust. In 1896 leased these
properties for 998 years and 3 months from July 1, 1896. Has
also leased the Philadelphia Traction at 8 per cent on its capital stock
and has “ assumed” its 4 percent collateral trust bonds. V. 6 . p 663
Leases (from Jan. 1 , 1898),H estonville Mantua & Fairmount Passen
ger Ry. for 999 years at 6 p. c. on preferred and 4 p. c. on common
stock—see V. 66, p. 236. These companies include all the leading
street passenger railway lines within the city of Philadelphia. See
terms o f consolidation, etc., in statements for the constituent com
panies and Y. 61, p. 152,197,283, 663.
Int. or
OutMaturity or
STOCK & Bonds— Date. Dividends, standing.
last dividend.
Stock, $30,000,000, > ..........................
599,947 shares.........................
par $50.................. J
$17-50 paid in.
Trust Oo.oertifioates) 1895 4 g ,A - 0
29,724,876 red.aft.O ot.l,’ 45
gold, guar. p. & i. > Interest at Pa. Co. for Ins. on Lives & Granting
by Union Tr..........) Annuities, trustee.
STOCK—The stock authorized is $30,000,000; par, $50. Issued 599,
947 shares, on which the first instalment of $5 per share was due the
31st of October, 1895, a second instalment of $5 per share was payable
Mar. 2,1896, $2-50 per share on March 1,1897 and $5 on Nov. 16,
1898. Y. 67, p. 635.
The loan o f $2,400,000 for purchase of Hestonville road was paid ofl
In Nov., 1898, from proceeds of fourth instalment ($5) called on stock
o f Union Traction Co.
T rust C ertificates —
The trust certificates are not the direct ob li
gations of the Union Traotion Co., but were issued by the Pa.
Co. for Ins. on Lives & Granting Annuities to pay for the shares of
the Electric and People’s Traction companies purchased and are
secured by a deposit with the Trust Co. of all the shares of the stook
o f the Electric Traotion Company and the People’ s Traotion Com
pany thus acquired. See description of certificates in y . 64, p. 135.
They are guaranteed, principal and interest, by the Union Traction Co.
and are redeemable at the option of that Co. on and after Oct. 1, 1945.
Under terms of lease the bonded debt of both Hestonville M. & F .
Pass. Ry. and Fairmount Park & Haddington companies was as
sumed.—V. 66, p. 230.
The capitalization of the Union Traotion system and the fixed charges
^estimated) for year ending September 30,1896, fo llo w :
c a p it a l iz a t io n .
Constituent Companies—
Capital stock............. $57,891,200
Funded debt............. 11,675,600
Union Traction Co.—
Capital s to ck ............ 30,000,000
Collateral tru st4 s... 29,735,000
F IX E D CHARGES.
Guaranteed rentals..
Guaranteed interest.
Rent, Ph. Traotion...
Interest, coll. tr. 4 s..
Taxes,all companies.
$2,135,000
580.000
1,600,000
1,189,000
600.000
$6,104,400
$129,301,800 Less rent & int. ree...
215,000
Less stocks in trust.. 2 1,000,000
_
,
Total net charges.. $5,889,400
Total net oapital’n.$108,301,800
R oad—On June 30,1898, operated 331 miles of road, 440 miles of
track.
A nnual R e p o r t — Fiscal year ends June 30. Statement for 1897-8,
including Hestonville earnings since Jan. 1,1898, with balance sheet,
in V. 67, p. 734, shows as follow s:
1897-98.
1896-97.
No. passengers carried...................................238,939,353
228,102,758
Gross earnings........................................
$10,860,542
$10,381,015
Operating expenses....................................... 4,456,375
4,949,850
Net earnings..................... __
$5,431,164
Other income, interest, e t c ..........................
110,895
99,630
Total net in com e........._............ ............. $6,515,062
Taxes and licenses.......................... .
Fixed charges.................................. .
$5,530,795
913,389
5,469,340
Surplus........................................................
$24,620 def.$851,934
Operating expenses, including licenses and taxes, were 49-27 per
cent of gross income, contrasting with 56-48 per cent in 1896-7.
During 1897-98 $903,169 was spent on capital accounts, of which
$392,097 was for construction work, $103,980 for stocks of underlying
companies and $267,502 advanced in open account; balance m iscel
laneous.
O fficers—President, John B. Parsons; Vice-President, Geo. D
Widener; Secretary and Treasurer Charles O. Kruger.
DIRECTORS (Oct., 1898)—George W. Elkins, John B. Parsons,William
H. Shelmardine, P. A. B. Widener, William L. Elkins, Thomas Dolan,
George D. Widener, James MoManes, Jeremiah J. Sullivan, Alfred
Smith and Alex. M. Fox.—V. 66, p. 1142; V. 67, p. 1 7 5 , 635, 691, 7 3 4 ;
V. 68, p. 332.
Lines Controlled by Union Traction Co.
( 1 ) CATHARINE & BAINBRIDGE STREETS RY—A trolley road.
O rganization—Incorporated May 14,1889, and leased to the Phila
delphia Traction March 1,1890, for 99 years, and since Oct. 1, 1895.
operated by the Union Traotion Company; in Sept., 1895, term of
lease was increased from 99 to 999 years and stock from $150,000 to
$400,000 (all owned by Union Traction C j.); rental is $24,000 yearly,
besides interest and taxes.
STOCK dk.Bonds— Miles. Date. Interest. Outst'd'g.
Maturity.
Stock, par $ 5 0 ................................... 6%M-S $400,000
See text.
1stM.$150,000($1,000)o . . . . 1890 5 x A-O 150,000 Apr. 1,1920
Due lessee July, 1898.......................................
234,698
In fe s t at Land, T. & T. Co., trustee, Penn. Co. for Insur. of Lives, etc.
Dividends—Dividends of 6 per cent are paid.
R o a d — The road aggregates 11-36 miles of track.
(2) CITIZENS PASSENGER R A IL W A Y ORGANIZATION—Incorporated March 25,1858. Leased to Frankford
A Southwark Passenger Railway Company April 1, 1892, for 999
years; rental now $140,000 per annum, equal to 28 per cent on stock,,
or $14 per $50 share. This lease was assumed by the Electric Traction
Company July 1,1893. The Union Traction now operates the road.
STOCK & Bonds— Miles. Date. Interest. Outstand'g.
Maturity.
8tock $500,000 ($50).
11 ........ 28%Q-J See text.
See text.
Stock paid in $192,500; $20 on 8,500 shares and $16 on 1,500
shares. Road. Columbia Avenue to Mifflin St., 11 miles of track.
(3) CONTINENTAL PASSENGER R A IL W A Y -A trolley road.
O r g a n iz a t io n — Incorporated Sept. 3,1873. Leased Jan. 1,1880, toUnion Passenger Railway Company for 99 years at rental o f $6 per
share per annum, interest, taxes and operating expenses; lease assigned
to Philadelphia Traction Company June 30,1884. Operated by Union
Traction Company since October 1,1895. Stocks owned, per balance
sheet July 1, 1898, $600,000.
STOCK & Bonds— Miles. Date. Interest. Outstand'g.
Maturity.
Stook, par $50................................. $6 J - J |§29°paidin!}
See text*
1st mortgage, ($500 5 ........ 1879 6% J - J
$290,000 ’ July 1 ,1 9 0 9
and $1,000).......c. ( Interest at Land, T. & T. Co., Philadelphia, Pa.
Due lessee for additions July 1, 1898, $672,568.
Bonds are subject to drawings of $20,000 Deo., 1, yearly. Trustee
Land Title & Trust Co. Own 10-07 miles of track.
(4 ) e l e c t r i c T r a c t i o n O rganization—Incorporated May 8, 1893, and acquired control o f
the Citizens’ Passenger Ry.. the Frankford & Southwark Passenger Ry.
and the Second & Third Street Passenger Ry.
In 1895 the Union Traction Company purchased practically all the
stook at the rate of $85 per share for each share on which $50 had
been paid and $70 per share for eaoh share on whioh $30 had been
paid, the Pennsylvania Co. for Insurance on Lives & Granting Annui
ties issuing therefor its guaranteed trust certificates. On July 1.
1896, the Union Traotion Co. leased the property for 998 years and 3
months. See V. 61, p. 197, and also “ Union Traction.”
STOCK & Bonds— Par.
Dividends.
Issued.
Outstand'g.
Stock (part $30 pd.) $50
.........
$8,297,920
See below.
7
282,100
282,100
Funded debt.....................
Stook authorized, 175,000 shares of $50 eaoh; issued, 152,396 shares
of $50 paid and $22,604 shares of $30 paid, making total $8,297,920.
ROAD—On June 30,1898, operated 120-92 miles o f track. Rail 90 lbs,
A nnual R e p o r t — Report for year ending June 30,1896, with balance
sheet, was given in V. 63, p. 557, under “ Union Traotion.” —V. 63, p. S57*
(5) EMPIRE PASSENGER RAILWAY—A trolley road.
ORGANIZATION—Incorporated Feb. 10,1869.
Leased Deo. 26,1873,
to Citizens’ Passenger Railway Company and the Seventeenth and
Nineteenth Street Passenger Railway Company for 999 years. Trans
ferred Oot. 1,1895, along with all right to dividends on 6,100 shares
of its stook [then held by the Union Passenger Railway Co. as trustee
and lessee], by lease of Philadelphia Traotion to the Union Traotion Co.
STOCK & Bonds— Miles. Date. Interest. Outst'n’g.
MaturityStock, par $50................ (All own. t>y Un. Tr.) $600,000
tstM $300 000(5001 c $ — • 1870
7 J -J 200,000
July, 1900l Bt M., $300,000 (500). c. ^ i nterest at phila. Tract. Co. .Philadelphia,Pa.
Due lessee Co. for additions July 1,1898, $705,715.
R o a d — Owns 10-25 miles of track.
( 6 ) FRANKFORD & SOUTHWARK PASSENGER R A IL W A Y ORGANIZATION— Incorporated April 4,1854. Acquired stock o f Lom
bard <s South Streets Passenger Railway in 1890 and secured control of
the Lehigh Ave. Railway in 1893. Leased to the Electric Traction Co.
for 999 years from July 1,1893, dividends for the several years named
below being guaranteed per share :
1st
2d
3d
4th
5th
6th
7th
8th 9th 10th & after.
$12 $12 50 $13 $13 50 $14 $14 50 $15 $16 $17
$18
STOCK & Bonds—
Miles. Date. Interest. Outstand'g. Lastdiv., etc*
Stook,par $50.............
45
.......
Q -J
$1,875,000
See text.
Debt o f Controlled Lines (assumed by Electric Traction Co.):
Lombard & South St. ( 10 1881 5x J-D
150,000 Deo. 1,1901
Pass. l8tM .,($500 &<
Subjectto call since Deo. 1,1886
$1,000)................ c CMtge. trustee, R. Est. Title Ins. & Tr. Co., Phila.
West End Pass’gr Ry., ( 9
1875 7 A - O
132,100 Oct. 1, 1905
M. ($100 & $ 5 0 0 ...o ¿Mortgage trustee, Phila. Trust S. D. & Ins. Co.
Interest on all loans payable by Elec. Tr. Co., 421 Chestnut St.,Phila.
Road—Controls 45 miles of track, acquired as follows :
Frankford & Southwark Passsenger Railway............................20 miles.
Lombard & South Streets Passenger Railway............................19 miles.
Lehigh Avenue Railway................................................................. 6 miles.
(7) GERMANTOWN PASSENGER RAILW AY.—A trolley road.
O rganization—Incorporated April 21,1858. Leased Oct. 1,1881,
to the People’s Passenger Railway Company for 999 years, but rental
modified in 1893; stock after 1897 receives dividends yearly of $5 25
per share.
STOCK & Bonds—
Par. Date. Int’st. Outsand'g.
M aturity
$50 .........
Q-J See text.
See text.
S tock ..........................
KRi^rn R y S . r S
S
500 1864 5 J~D
$67,500
June 1,1904
GermanfnPass. M..r $1,000 1879 5 A-O
160,000
Oot. 1, 1899
Interest on both loans at Guarantee Trust & Safe Deposit Company»
subject in each case to deduction o f State tax.
Stock—Paid in $572,800; $15 per share on 20,000 shares and $35
per share on 10,000 shares.
R o a d — Owns 31 miles of track. Extension of 2,000 feet from Hillcrest Avenue to city line completed in September, 1898, forms, with
the Roxborough Chestnut Hill & Norristown Passenger Ry. a through
line to Norristown.
( 8 ) GREEN & COATES STREETS PHILA. PASSENGER RY.—
O r g a n iz a t io n —Incorporated April 21, 1858. Leased to People’ »
Passenger Railway for 999 years from Sept. 1, 1881, at an annual
rental of $60,000, interest on bonds, and expense of management.
STOCK & Bonds— Miles. Date. Inters
Outstand'g.
Maturity.
Stock, par $50.................................. $6 Q J
®|etext.
There was a mortgage for $100,000 which fell due July 15,1898.
Mortgage trustee, Fidelity Insurance Trust & Safe Deposit Company
Dividends are 12 p. c. per annum (Q .- J.) Owns 7 miles of road.
STKEET
(9)
HE8TONVILLE MANTUA & FAIRMOUNT PASS. R E
ORGANIZATION—
Incorporated April 6,1859. Franchise Is perpetual.
L ease—Hestonville M. & F. road leased from Jan. 1,1898, to Union
Traction for 999 years at a rental of 6 per cent on the preferred and 4
per cent on the common stock. By the terms of the lease the Fairmount Park & Haddington lease Is assigned to the Union Traction
which assumes the dividends guaranteed on that stock (all owned by
Hestonville Co). The Union Traction assumes the bonded debt of
both the Hestonville and Haddington companies and purchased 4,780
«hares o f the preferred and 35,294 of the common Hestonville stock,
the common at $45 per $50 share.—V. 66, p. 236. “ Loans” June 30,
1898, $100,000.
STOCK & Bonds—
Dale. Interest. Outstanding.
Maturity.
See text.
Common stock,par $50.............. 4 J - j | p a rtp ^ in ! }
Preferred stock, par $50............ 6 J - J 1 533,900 f.p.
See text.
July 1,1901
FairmountPass Ry. 1s t... 1861 6 J - J
124,500
Hest. Man. & F 2d M cx $ 1882 6 M~ 8
75,000
Mar. 1,1902
7
' za m .cx^ interest at Guarantee Trust Co., Phila.
Consol. M.. $1,250,000 J 1894 5g M-N
1,050,500
May 1,1924
g., $500 & $1,000.o*x ( Trustee, Girard Life Ins. An. & Tr. Co.
Guaranteed rental 999 year lease—
Fairmount Pk.& Had’gt’n s
~
„ nnnnn
,
Pass. Ry. St’k, par $50. ( ■• 6 g F -A
••
300,000
See tex t
Interest is payable in Philadelphia, x Free of tax.
Common stock authorized, 39,322 shares; preferred, 10,678 shares ;
pa r value of each, $ 50; stock outstanding as in table.
Consolidated mortgage for $1,250,000 was executed In 1894, of which
sufficient reserved for prior liens when due, and remainder, as also pre.
f erred stock, sold to meet expense of electrical equipment.
Road—J une 30,1897, road owned 17*83 miles of track in Philadei phia; leased and operated 6'25 miles; total, 24*08 miles.
RAILWAYS.
71
from Jan. 1,1891, at rental 1st five years, $43,225, or $3 50 per share
per annum, and $49,400, or $4 per share per annum thereafter, the
lessee to pay all taxes, running expenses, etc. Operated by Union
Traction Company since October 1,1895.
STOCK & BONDS— Mis. Date. Int.
Outstand'g. Last Div., etc»
See text>
Stock, par $ 5 0 . ............................. $4 J-J ^ a b ^ f ^ p d . }
Dividends at Real Estate Title Ins & Tr. Co. Owns 10 miles of track.
(15)
PHILADELPHIA TRACTION—A trolley road.
O rganization—Incorporated August 21,1883, and seoured control
of an extensive system of roads in Philadelphia, Pa. (about 210 miles
•f track), which it held either by lease or ownership of securities»
not in fee. Under the lease to the Union Traotion Company dated
October 1,1895, all the leases and the securities owned were assigned
to the Union Company, which assumes all liabilities for rentals, eto.
CONSOLIDATION—The lease to Union Traction Co. is for 999 years from
Oct., 1895. The lease provides for dividends of $4 (8 p. o.) per annum
on each $50 share, payable in gold coin, free of taxes. The collateral
trust 48 are “ assumed” by the Union Traction. See V. 61, p. 663, for
extracts from lease. Philadelphia Traction stockholders were allowed
to subscribe for new Union Traction stock. See V. 61, p. 197, and also
“ Union Traction ” Co. this S u p p l e m e n t
STOCK & Bonds—
Date. Interest.
Outstanding.
Maturity.
Capital stock (par $50)..........
8 A.-O. $20,000,000
See text.
Cot trust gold bonds) 1887 4 g. F.-A.15
963,000 Aug. 15,1917
Sub.to call at 105c* 5 Interest, free of tax, payable at LandT.&T.Co.
»> GW
•
■
Trustee, Penn. Co. for Insurance on Lives.
..................
Open accts. July 1, ’98............................
$3,914,196
The bonds are seoured by deposit of W. Philadelphia and Union Pas
senger Ry. stock. Loan originally $1,300,000, reduced to present
figures by sinking fund drawings at 105 (about $35,000 a year). These
(9£) LOMBARD A SOUTH STREET PASSENGER RAILW AY.— bonds and floating debt are “ assumed” by the Union Traotion Co.
flee Frankford & Southwark Passenger Railway.
under the lease.
D ividends— > 1885, ’86, ’87, ’ 88, ’ 89, ’ 90 to ’ 93, ’9 4,95’ ’ 96, and since,
|(10) PEOPLE’S PASSENGER RAILWAY.—An electric road.
Per cent s 2
3
6
5
4
6
8 (I) 8 p .o . per an.
O r g a n iz a t io n —Of the capital stock the People’ s Traction has ac
Under lease dividends of 8 p. 0. are guaranteed. V. 61, p. 663.
quired 56,122 shares o f oommon and all the 23,000 shares of preferred»
STOCK—The total authorized stook is $30,000,000.
Leased July 1,1896, to Union Traction Co. at 10 per cent per annum
Road—The system now assigned to the Union Traction Co. aggre
on capital stock ($2*50 per share) as below shown, nearly all o f which gated 210 miles, consisting of the following “ Passenger Railways:” ^
Miles.
is pledged for People’s Traction Co. trust certificates.
Miles.
STOCK & Bonds .— Date. Interest.
Outstand’g.
Maturity. Union Passenger R y............... 52*0« Phila.City P a s s .R y ........... 9*45
West Phila. Pass. R y..............27*25 17th & 19th Streets.............. 8*84
Common stock $25................10%M-S31 a 60,000 shs.
See text.
8*25
Preferred stock $25.............. 10%M-S31 a 23,000 shs.
See text. Ridge Ave. Pass. R y..............15*25 22d & Allegheny.................. 7*30
250,000 Jan. 15,1905 Phila. & Darby Pass. R y....... 14*80 Morris & Tasker.................... 5*10
1st m ortgage............... o 1875 7J .-J .1 5
2d mortgage................ c 1881 5 J.-J.15
458,000 July 15,1911 13th & 15th Streets............... 13*10 Catharine & Bainbridge sts.
Con. M. $1.125,000... ) 1882 5 M.-S.
367,000 Mar.
1,1912 Phila. & Gray’s Ferry............ 10*20 Other lines............................. 18*86
Continental Pass. R y............. 9*80
$1,000 c<fcr 5 Trustee Guarantee Trust & Safe Deposit Co.
Empire Pass. R y........................................................... 9*80
Total of all..210*00
A nnual R eport .—Report for year ending June 30,1897, with bnla Total stock paid in $1,017,402.
A ll interest at the office of the Real Estate Title & Tr. Co. Due People’ s sheet, was in V. 65, p. 514, under “ Union Traction.” —V. 63, p. 311, SS7Traction Co. July 1,1898, for construction and equipment, $5,538,595.
'1 6 ) RIDGE AVENUE PASSENGER RAILWAY.
The stock acquired by the People’ s Traction Co. was pledged as
O rganization—Consolidation of Girard College Passenger Railway
security for trust certificates. See People’ s Traction.
and the Ridge Avenue & Manayunk Passenger Railway on March 8,
Road—Company operates 83*66 miles of track, o f which 6*4 miles 1872. Leased to the Philadelphia Traction Co. for 999 years from
owned and 77*26 miles leased and operated.
Sept 1,1892, for dividend of $10 per share per annum to September,
A nnual R eport —Report to State of Pennsylvania for year ending 1895, and $12 per share thereafter. Operated by Union Traotion
June 30,1896, was in Y. 63, p. 557, under “ Union Traotion.” —Y. 61,
Company since October 1,1895.
p. 469; V. 63, p. 557 .
STOCK & Bonds—Miles. Date. Interest.
Outstand'g. Last div.,etc»
Stock, $750,000 >
*10 n r 515,000 shrs.i qAA tAT+
( 1 1 ) PEOPLE’S TRAOTION—An electric road.
Par $50..........\ .................... $12 Q-J J $28 paid. \ See text.
ORGANIZATION—A Pennsylvania corporation, chartered in March,
On account of some old debts dividends for 1896 were continued
1893, to operate and equip with trolley the People’s Passenger Ry.,
at $10 per share instead o f the $12 as noted above. In 1897 dividends
nearly the entire capital stock o f which it purchased. In Oct., 1895, the
were increased to $12 per share. Owns 15*25 miles o f track.
Union Traction Company acquired practically all Traction stock at $76
( 1 7 ) SECOND & THIRD STREET PASSENGER R A IL W A Y per share, the Pa. Co. for Ins. on Lives & Granting Annuities issuing
ORGANIZATION—Incorporated April 10, 1853. Leased Oct. 1,1893
therefor its guaranteed trust certificates. On July 1,1896, the Union
to the Frankford & Southwark Passenger Railway Company for 999
Traotion also leased the road for 998 years and three months. (See
years for the following guaranteed dividends per share per annum:
“ Union Traction” Co., this S u ppl e m e n t .)
1893. 1894-95.
1896-97.
1898-99.
1900.
1901.
1902 & aft.
STOCK, Etc .—
Date. Dividends.
Issued.
Maturity.
$8 50
$9 ' See below.
$10
$10 50
$11
$12
Capital stock $ 3 0 )
oA
tt
C200,000 shs.)
Dividends in 1896 and 1897 were to be $9 50 per annum, but the
(See text.)
\ ........ * ee text* ) $30 paid in. (
......................
Trust certs., gold,) ........ 4 g. F.-A. abt. $5,807,970 Feb. 1, 1943 dividend for 1896 and for the first half of 1897 was at the rate of $9
1893,not subje’t >Interest, tax free, payable at Penn. Co. for Insur- per share instead of $9 50, the balance being applied to the payment
to call, $1,000 )
ances on Lives, etc., trustee.
of the debt of$27,000 incurred for paving.—V. 62, p. 785.
Trust certificates were issued by Pa. Co. for Ins., etc., and are se
This lease was assumed by Electric Traction Co. July 1,1893.
cured by pledge of People’s Passenger Ry. stock (see that company
STOCK & Bonds— Date. Interest.
Outstand'g.
Last div , etc.
above!, and by contract of People’s Traotion Co., which guarantees
par
$771,076 pd. in.
See text.
principal and interest. Issue limited to $1,000 for 1427 shares depos S\ °h ^ s ;U $50 °.4 } ........ Text
ited, making total authorized $5,810,000. Sinking fund $25,000
( 1 8 ) SEVENTEENTH & NINETEENTH STS. PASSENGER RY.—
yearly, beginning Feb. 1,1903,
ORGANIZATION —Incorporated April 12,1859. Leased to the Conti
To distribute surplus from past operations, in August, 1896, was de- nental Passenger Railway Co. for 99 years from July 1,1879, at rental
•clared a dividend o f 4*2 per cent per annum.
of $15,000 per annum, being 3 per cent on 10,000 shares (of $50 par)
(12) PHILADELPHIA CITY PASSENGER RY.—A trolley road.
stock, interest on bonds, taxes, expenses, eto. Transferred under lease
ORGANIZATION—Incorporated April 9, 1859. Leased to West Phila of Philadelphia Traction Co., October 1,1895, to the Union Traction
delphia Passenger Railway Company for 900 years from Jan. 1 ,1884, Company; all rights o f the Philadelphia Traotion Co. to dividends on
the 10,000 shares of the 17th & 19th Streets road, whioh were then
fo r interest on bonds, $2,500 per year for organization and dividend of held by the Union Passenger Railway Co. as trustee and lessee, being
$7 50 per share. Transferred under lease of Philadelphia Traction Co. also transferred to the Union Company. Stock all owned by Union
Traction Co.
Oct. 1,1895, to the Union Traction Co.
STOCK & Bonds— Mis. Date.
Int.
Outstand'g.
Maturity.
STOCK & Bonds— Par. Date. Interest lOutstand’g.
Maturity.
Sto< * ......................
950 ....... $712 J-J { |^000 shsa > gee text.
Stook, par $50............................. 3% J-J ^ 1$25°paidf‘ | See text.
$100,000 * July 1,1919
lstm ort., ext’d..o.
500 1861 5 % J -J
$200,000
Jan. 1,1910 1 s tM. ($500)...c ) . . . . 1876 5% J -J
Extended........ $ Interest at Land, T. & T. Co., Philadelphia, Pa.
Debentures........ r. 500, Ac............ 5%M-S
100,000
..........
Due lessee for additions July 1,1898, $554,289.
Road—Owns 11*7 miles of track.
Road—Owns 8*84 miles o f track.
(13) PHILADELPHIA & DARBY RAILWAY—A trolley road.
( 1 9 ) THIRTEENTH & FIFTEENTH STS. PASS. RY.—A trolley road.
O r g a n iz a t io n — Incorporated May 2,1881. Leased to the Philadel
O rganization—Incorporated April 8,1858. Leased Jan. 1,1892, to
phia City Passenger Railway Company for 999 years from Jan. 1,1870.
f o r $8,000 per annum and interest on bonds. Transferred under lease Philadelphia Traction Company for following rental: From January,
1892, to January, 1894, $9 per share per annum; 1894 to Jan., 1897,
o f Philadelphia Traction Co. Oct. 1,1895, to Union Traotion Co.
$10 per share; 1897 to Jan., 1900, $11 per share, and from Jan., 1900,
$12 per share. Lease transferred to Union Traction October 1,1895.
STOCK A Bonds— Miles. Date. Interest. Outstand’g. Maturity.
Stock, par $50....................................... 4 J-J $200,000
See text.
STOCK & Bonds— Miles. Date. Interest. Outstand’g. Maturity.
1 s tTnortvn.£r«
n 5 ------ ------ 4 M—
N 100,000 May 1, 1927
Stock, par $50........ ......................$11 J-J | l 9^ 99 8 l See text.
p|*
_
8 8 ............. Interest at Land, T. & T. Co., Philadelphia, Pa.
Road—Owns 14*80 miles track.
1st M. ($500)........c ......... 1876 7% A-O 1 $100,000 ' ’ Oct. 1, 1903
( 1 4 ) PHILADELPHIA & GRAY’ S FERRY PASS. RY.—Trolley.
° gu ^ .S l 0?.’. 0^ ' | ........ 1894 5% J~J
p(f
0
$400,000
Jan. 1, 1934
O rganization—Leased to Philadelphia Traction Co. for 999 years, Real estate mitges.........................................
90,000
.................... .
72
STREET RAILWAYS.
Dividend in July, 1895, $5 ner share; the January, 1896, dividend
was not paid owing to payment of city’ s claim for paving. Y. 61, p.
1155. In July, 1896, paid $4 per share; in 1897, Jan., $5 per share in
full for last half of 1896; July, $5 50 per share; in 1898, Jan., $5 50;
July, $5 50; in 1899, Jan., $5 50.
Interest and dividends are payable at office of the Fidelity Insurance
Trust & Safe Deposit Co., the trustee o f both mortgages.
The consols are guaranteed principal and interest by the PhiladelJ
phla Traction Company, and tire coupons are payable tax free.
Road—Owns 15 miles of track. Extension to League Island operated
from March 13,1898. See Union Traction report in V. 67, p. 734.—
(20) UNION PASSENGER RAILWAY—A cable and horse road.
ORGANIZATION— Incorporated April 8,1864. Leased to Philadelphia
Traction Company for 999 years from June 30, 1884, at an annual
rental of $285,000, or $9 50 per share on stock, and interest, taxes, etc,
Its lease of the Continental Company was assigned to the Philadelphia
Traction Co. and since Oct. 1,1895, operated by the Union Traction Co.
The Union Passenger Railway Co. October 1,1895, was still holding
as lessee and trustee 6,100 shares Empire Passenger Railway stock
and 10,000 shares of 17th <fe19th Streets Passenger Railway.
STOCK & Bonds— Miles. Date. Interest. Outstanding. Maturity.
Stock, par $50................................. £ ^j _j° 5 30,833 shs., \ gee text
Dividends paid at 423 Walnut S t.............paid in- )
1st mortgage ($100) ____ 1881 5 x A - 0
$500,000 Mar.31,1911
and $500)..........c. J $20,000 redeemable yearly.
Trustee, Penn. Co. for Insurances on Lives.
250,000 Mar.31,1910
2d mortgage ($100) ........ 1884 5 x A - 0
and $500)..........c. 5 Int. on both loans at Land, T. <feT. Co., Phila., Pa.
Due lessee company for additions July 1,1899, $6,683,287.
ROAD—Owns 56 miles o f track.
( 2 1 ) WEST PHILADELPHIA PASSENGER RY.—Cable and horse.
ORGANIZATION— Incorporated May 14,1857. Leased Jan. 1,1884, to
the Philadelphia Traction Co. for 999 years, at an annual rental of
$150,000, or 20 per cent on stock, and interest, taxes, etc. Operation
transferred Oct. 1,1895, to Union Traction Co.
STOCK & BONDS— Miles. Date. Interest. Outstand’g. Maturity.
Stock, par $50................................. $ 1 0 J -J $750,000
See text.
1st mort. ($1,000), $ ........ 1876 6 A - 0
246,000 April 1,1906
gold....................... c î Mort, trustee, Girard Life In. An.&Tr. Co., Phila.
nA mort
i nnih « ( ........ 1886 5 M“N
750,000
May 1,1926
" C^ Mortgage trustee, Pennsylvania Co. for the Ins
Free from tax.
£ of Life & Gr. of Annuities, Philadelphia, Pa.
Interest on both loans payable at Land, T. & T. Co., Philadelphia, Pa,
Due lessee for additions to July, 1898, $2,434,276.
ROAD—Owns 27-25 miles of track.
D E L A W A R E COUNTY & PHILADELPH IA
ELECTRIC R A IL W A Y -A trolleyroad
.
O r g a n iz a t io n — Completed from Media, Pa., to Baltimore Avenue,
Philadelphia, in January, 1895; connects with the Chestnut & Walnut
Street cars of the Union Traction system. In Dec., 1898, additional
lines through Delaware County were proposed and is to have a con
nection with the Chester & Media. In May the United Power & Trans,
portation Company was said to have acquired the road, paying $150
per share for the stock in its 4 per cent trust certificates secured by a
deposit of the stock.
STOCK & Bonds—
Date. Interest.
Outstanding. Maturity.
Stock, $500,000 auth....................................
$298,000
See text.
5
1893
6 J -J
64,000 July 1,1913
morx6as e.............. ( Interest at Independence Nat. Bank, Phila.
D iv id e n d s — On Feb. 6,1899, 4 p. c. was paid.
ROAD—June 30,1898, owned 10 miles. Rails 80-lb. T and girder.
Earnings—For year ending June 30, 1898, gross, $68,477; net,
$35,458; interest, taxes, etc., $6,") 62; dividend, $23,600; balance, sur
plus for year, $5,096. In 1896-7, gross, $63,258 ; net, $31,164.
OFFICERS— Pres., J. S. Austin; Sec., Samuel Haigh; Treas.,W . H.SayeD.
FAIRM OUNT P AR K
TRANSPORTATION
O r g a n iz a t io n — A New Jersey corporation formed in 1896.
Road—Philadelphia to Croydon Station, 7 miles, opened in April,
1897. Injunction has prevented completion to Bristol. Connects
with Holmesburg Taoony & Frankford Electric Ry. Forms part o f a
through electric line from Bristol to Philadelphia.
EARNINGS.— Year ending June 30,1898, gross, $14,013; net, $700.
OFFICERS—President, Henry V. Massey; V.-Prest., Edgar A . Tennis ..
Sec. & Treas., Frank G. Edwards.—Y. 63, p. 230.
P H ILAD E LPH IA
& W E ST
TRACTION— trolley road
A
.
CHESTER
ORGANIZATION— Chartered in 1895. This company, in Oct., 1898,
absorbed the Delaware County & Philadelphia, Castle Rook & West
Chester Passenger Railway Co., and line to West Chester had been'
oompleted in Deo., 1898.—V. 60, p. 837.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity..
Stock, par $50 ................................................... $329,700 .................. .
1st M., $400,000, gold, SUbj. ) qoq k ~ t T fR’iO OOO O ct 1 19114
tocalla tl0 5 a ft.O ct.l,1 8 9 9 5
5 gI^oo.oou uot. i , i y i »
Interest at Girard Life Ins. Ann. & Tr. Co., Phila., trustee.
BONDS.—Of the 1st 5s, $50,000 were reserved for future uses. A
fund was placed in the hands of the trustee to remove oertain prior
liens.—V. 67, p. 1309.
Road—Operates
miles of track, laid with 60-lb. rails, 19 electric
motor oars and 4 others. Leases Phil. «&West Chester Turnpike Road
Co. for 999 years from 1895. President, A. N. Taylor; Secretary, D.
G. Baird; Treasurer, Jones W ister.- V. 60, p. 837; V. 67, p, 30, 1309.
R O XB O R O U G H CHESTNUT H IL L & NO R
RISTOW N R Y . —A trolley road.
Acquired by the new United Power < Transportation Co., which
fe
owns various other roads. See Wilmington, Del.
O r g a n iz a t io n — In February, 1898, arranged to lease the Wissa"
hiokon Electric, 3 Ja miles, for 999 years; rental to be 2 p. o. on the
$145,800 stock for the first tw o years, 3 p. o. for the next six years, 4
p. e. for the next seven years and 5 p. o. for the rest o f the
term. Now operates 20 miles of track. In June, 1896, filed a
mortgage for $450,000 to the Real Estate Title Insurance & Trust Co.,
Philadelphia, seouring 5 per cent gold bonds, J&D,due in 1926, of which'
$396,000 were outstanding July 1,1898. Capital stock, $198,400.
LATEST E a r n in g s — 4 m os.,) 1899...........Gross, $26,126; net, $4,891
Jan. 1 to April 30.
$1898.G ross, 25,259; net, 6,029*
Fixed charges 12 months, $26,135 in 1898; $22,669 in 1897.
For year ending June 30,1898, gross, $95,949; net, $37,191; inter
est, etc., $24,229; balance, surplus for year, $12,962. President, R. N»
Carson.—V. 62, p. 1042.
SOUTH W ESTERN TRACTION R A IL W A Y —
To be a trolley road. Chartered in April, 1898. To run from Moyamensing Avenue to the county line at Bow Creek, making accessible
districts in the southern and southwestern portions of the city. Track"
laying began early in August, 1898.
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
(?)
..................
Stock ($450,000)...............................................
1st mortgage, $450,000, $ 1898
5g. A-O
$400,000
...................
gold................................ ( W. End Tr. & Safe Dep. Co., Phila., trustee»
Of the 1st 5s $50,000 are retained to guarantee the interest for 18
months. Pres., E. A. Tennis; Treas., U. H. Hapsenplug.—V. 67, p. 1056»
P H O E N IX V IL L E , P A .
P opulation 1890
was
8,514.
M ONTGOM ERY & CHESTER ELECTR IC
R Y. —To be a trolley road.
O r g a n iz a t io n — In April, 1899, under construction from Phoenixville to Spring City, Pa., 6 ^ miles ; also projected from Phoenixville
to Pottsville. Stock authorized, $100,000. Bonds, $100,000 30-year
gold 5s, due March 1,1929 ($1,000 each), int. M-S at Real Estate Trust
Co., Philadelphia, trustee ; outstanding (?) President, John J. Ridge
way, 721 Walnut Street, Philadelphia, Pa.; Sec., 0. S. Jarvis; Treas.,
Franklin Ingram.
Charter
perpetual; license from Park Commission runs until July 24,1939.
From Nov. 30 to May 1 operation is optional. Owns Woodside Park.
Road opened Nov., 1896.
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
Stock, $2,000,000 ($50).................................... $1,770,000
See text.
P I Q U A , O H IO .
1st M., gold, $500,000, ca ll) 1897 5g. M-S
500,000
Sept. 1 ,’ 12
P o pu la t io n 1890 w a s 9,090; in 1880 w a s 6,031;
105 after Sept. 1, 1902, > Trustee, Girard L. Ins. A. & Tr.. Phila.
($1,000)..........................c* >As to bonds of 1897 see V. 65, 620.
AND IN 1870 WAS 5,967.
2d mortgage, $150,000........ 1898 ______
(?)
........
M I A M I V A L L E Y R A I L W A Y - A trolley road.
Dividends—First and only dividend paid Deo. 1,1897, 2 pi c..............
ORGANIZATION —Chartered in August, 1889. Franchises from cities o f
R o a d —Traverses West Park and East Park, 8-47 miles o f track, and
Piqua and Troy and County Commissioners of Miami County.
crosses the Schuylkill River on a steel bridge. Rails are 90 lbs.
STOCKS & Bonds—
Miles. Date. Interest.Outstanding. Maturity.
EARNINGS—Year ending Oct. 31,1898, gross, $108,782; net, $40,5 1
........
inti., $25,000; surp., $15,000. In 1896-7, gross, $122,552; net, $72,652. Stock ($300,000) $100............................................ $300,000
1893 6 g M-N 200,000
1908
O f f ic e r s — President, (Oct., 1898,) Charles A . Porter; Sec. and Treas., 1st M., $200,000, gold, ( 14
$1,000........................... c \ Interestat Chase National Bank, N. Y. City»
Ellsworth H. Hults; Bullitt Building, Philadelphia.—V. 65, p. 620.
Mortgage trustee is the cashier of the Chase National Bank.
R ad—
miles of trolley track in
FR AN K FO R D TACONY & HOLM ESBURG laidowith On Aug. 22,1898,2 owned 7*a Troy (population 8,000) Piqua,
45-lb. gir 1er rail, miles m
and 8
ELECTRIC R A IL W A Y -A trolleyroad
.
miles connecting the tw o cities, laid with 48 lb. T rail. In 1898 exten
Acquired m 1899 by United Power & Transportation Co. See the sion o f 22 miles running through Troy, etc., to Dayton, O., was begun»
same under Wilmington, Del. Paid $35 in 4 per cent trust certificates President, W. P. Orr; Vice-President and Manager, A. M. Orr; Secre
for each $50 share of the Holmesburg Co., the $400,000 bond issue tary and Treasurer, L. M. Flesh.
being assumed.
ORGANIZATION—Incorporated in 1890. Opened Oct. '6,1895.
P IT T S B U R G , K A N S A S .
STOCK & Bonds—
Date.
Interest.
Outstand’g. Maturity.
P opu la t io n in 1890 w a s 6,697.
Stock (par $50) $800,000 ........
..........
$680,000
a
PITTSBURG FRONTENAC & SUBURBAN
1st mort., $400,000, gold, < 1895
5g. M-N
400,000 May, 1925
$1,000 and $500.......c* ( Trustee. West Phila. Title & Trust Co.
ELECTRIC Re
Interest is paid at R. fci. Title Ins. & Tr. Co., Philadelphia.
organization —Chartered July 9,1894.
The population o f the dis ROAD—Total track owned, 16-18 miles; track leased, 1-11 miles. trict served by the road is said to be over 21,000. Company also ow ns
E a r n in g s — For year ending June 30, 1898, gross, $94,696; net, an electric-light plant in Pittsburg, Kan. Pittsburg (Kan.) partiee
$14,793; int., taxes, etc., $25,592; balance, deficit, for year, $14,799,
obtained control in March, 1893. Receiver, John R. Tracy.
OFFICERS.—President, John T. Windrim; Secretary and Treasurer,
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity»
Frank F. Bell; General Manager, T. W. Crockett, Jr.—V. 60, p. 967.
Stock $100,000 (par $100).......................
$100,000
...............
1st mort., $125,000, gold $ 1896 6 g. J-J
125,000
Jan. 1 ,1911
P H ILA D E LP H IA & BRISTOL PASS. R E
redeemable in 10 years ( Int. at R. E. Title Ins. & Tr., Phila., trustee.
O R G A N IZ A T IO N - Chartered January 3,1896.
Pitts.Weir C. &Col.lst M .)
R0, T n
m
n
$75 000 aRaiimad bv P >
^A) J— )
-L
(•)
D60. l j 190v
STOCK & Bonds—
Date. Interest. Ontsland’g. Maturity.
f ; & S.. . . . . . ) Int*at N-Y- Security & Trust, trustee.
Stock $250,000 (par $50)................................... $250,000^
y
1st M., $250,000 g .($ l,000).c* 1896 5 g. J-D
250,000 Jan.‘ i5,v26
The first mortgage covers all the railway, property, franchises, eleoInterest at Security Trust Co., Philadelphia, trustee.
tric-light plant and real’estate.
STREET RAILWAYS.
73
Deo. 1,1934
R oad—In Jan., 1899, operated 17'3 miles of track, running from Second Ave. Trao. Mort. ( 1894 5g. J - D 2,000,000
gold ($1,000)............. o* <Trustee, Maryland Trust Co. Balto.,Md.
Pittsburg to Frontenac, Litchfield, Medway, Cornell and Yale. Presi
Interest at Brown Bros. & Co., N. Y., or A. Brown & Sons, Balto.
dent, Robert Simons.
2d Ave. Passenger 1st M ...
1882 6 J - J
30,000
July, 1902
General mortgage............. 1889 5 J - J
120,000 July 1, 1909
2d Ave. Traction Co. M....... 1893 5 J - J
300,000 July 1, 1933
P IT T S B U R G , P A .
B raddook* TurtleCr’k ls t.
1891 6 A - O
50,000 April 1, 1911
STOCK.—The capital stook of the United Traotion is $20,000,000, o f
P o pu la t io n 1890 w a s 238,617; in 1880 w a s 156,389
an d in 1870 w a s 86.076.
which $17,000,000 is oommon and $3,000,000 is preferred.
Dividends—On preferred in J u l., 1898, 2*jp. o.—V. 65, p. 1222. In
t
E s tim at ed Co m bined P o pu la t io n o f “ C h e a t e r P it tsb u r g ,” in
July, 1898, 2*2 p. 0.5 in 1899, Jan., 2 ^ p. o.
c lu d in g A l l e g h e n y , E tc ., in 1899, 500,000.
B o n d s . —The new United Traotion mort. is limited to $10,000,000
PHILADELPHIA. CO-Gas (n tu a a dm n fa tu e ), cannot be redeemed before m aturity; Maryland Trust Co. o f
a r l n
a u c bonds
r d
e c ic c m a y tr lle .
le tr
o pn, o y
Baltimore is trustee. Of these bonds, $5,250,000 are reserved to
O r g a n iz a t io n .— Originally a natural gas company, but in February,
retire the divisional bonds (above mentioned); $725,000 reserved
1899, nearly all o f its $7,500,000 stock having been purchased by a
or betterments and improvements after January, 1898, and $4,000,syndicate headed by Brown Brothers & Co., o f New York, and Alex
000 were sold to Brown Bros. & Co. and Alex. Brown & Sons, and
ander Brown & Sons, of Baltimore, its operations were extended,
the proceeds, in addition to proceeds from the preferred stook, used
as permitted by charter, to absorb the Consolidated Gas Co. of Pitts
to provide the purchase money paid for the several roads. All the
burg (artificial gas—see V. 66, p. 1188), the Mansfield & Chartiers Gas
bonds outstanding ($4,750,000) were listed on the Baltimore Stook
Co., the Chartiers Valley Gas Co. and the Allegheny County Light Co.
Exohange in February, 1898.
(electricity). Also made an offer for the stock of the United Traction
R o a d —The miles of track owned and consolidated are :
Co., street railway system, below described, conditional upon a major
Miles.
Second Avenue Traotion.................................................................... 63*83
ity o f the stock being deposited for exchange before Jan. 1,1900—see
North Side Traction......................................................... . .................. 31*84
V. 68, p. 479.
Pittsburg Allegheny* Manchester Traotion.................................. 21*45
SECURITIES TO BE OUTSTANDING PER PLAN OF FEB., 1899.
Total.
117*13
STOCK &• BONDS—
Date. Interest. Outstanding. Last div.,etc.
Stock, common, $15,000,-)
4> i a a a a a a
q
* , QQ n
E a r n in g s —9 months,> 1898 9....... Gross, $1,173,740; net, $634,100
000; par, $50. . 7 . . .. . . . . . 5 ..........................
$8,100,000 Apr.5,’99,l i 4
July 1 to Mch. 31 (1897-8....... Gross, 1,089,448; net, 585,956
Pref. s tk .,5 p.o., non-cum., >
.
Charges for 9 months, 1898-9, $466,400; balance, $167,700.
4,uuu,uuu
...............
$6,000,000; par, $ 5 0 .... ( ..........................
1st & Col. Tr. M., $6,500,-) 1899
5 g M-S
4,000,000 Mar.l, 1949
R epo r t —The United Traction receives the entire earnings o f the
000 gold.........................5
Maryland Trust Co., Trustee.
North Side, Pitts. A. & M. and Seoond Ave. traction companies, subject
only to annual charges of $296,968, as shown above.
Allegh’y County Lt. 1st M. 1891
6 F-A
500,000
1911
Report for year ending June 30,1898, was in V. 67, p. 1001, showing:
East End Eleo. L ’t 1st M. 1895
6 F-A
500,000
1915
United Traction pref. stk.............
5 J -J
3,000,000 Jan.,99,21
a% Gross receipts, $1,469,907; net, $786,991; interest, rentals, taxes,
United Trac. gen. M. g old ,) 1897
5 g. J -J
4,725,000 July 1,1997 etc., $586,512; balance, surplus, $200,479.
$10,000,000 ($1,000) .0* 5 Trustee Maryland Trust Co., Baltimore.
OFFICERS.— President, James D. Callery; Vice-President; W. H .
Un. Trac Div. bonds....... 1889-94
5& 6
5,275,000
Various. Keech; Sec., J. H. Callahan; Asst. Treasurer, Ross W. Dunn. Office,
6 F -A
2,000,000 Feb.,’99,3% Pittsburg, P . Financial Agents, Alexander Brown & Sons, Balti
Consol. Gas pref. stock...............
a
Consol. Gas, 1st m ort.,> 1898
5 g. F-A
5,000,000 Feb.1,1948 more, Md.—V. 65, p. 27, 112,736, 1025, 1222; V. 66, p. 4 6 9 , 1 0 0 1 ;
g o ld ........................ o*&r 5
Trustee Maryland Trust Co.
V. 68, p. 381, 430, 479.
STOCK—Stock was increased in February, 1899, irom $7,500,000 to
L inos con trolled by United T raction Co.
$21,000,000, o f which $6,000,000 is 5 p, c. non-oumulative preferred.
( 1 ) FEDERAL ST. & PLEASANT VALLEY RY.—Trolley.
The increase was made to acquire the common stock of the Allegheny
ORGANIZATION—Incorporated March, 1868, and has since consoli
County Light Co, Chartiers Valley Gas Co. and the Consolidated Gas dated its various subsidiary companies. The franchise is perpetual.
Co.; it is proposed to acquire also by exchange the United Trac. stock
The North Side Traotion Co. on July 20, 1896, leased the Federal
D ividends . ) 1892. ’93. ’ 94.
’ 95. ’ 96, ’97. ’ 98.
1899.
PerCent. > 4 1
*
4 *4
5
5
None.
4 To April, 2 ^ Street & Pleasant Valley for 960 years, assuming its funded debt of
B o n d s —Of the $6,500,000 new bonds of 1899 (mortgage trustee, $1,250,000 and its floating debt of $175,000, and agreeing to pay as
Maryland Trust Co.) $4,000,000 was issued at once in part payment rental all taxes, rentals, etc., and also $70,000 yearly In cash, payable
for the stock o f the Allegheny County Light and Chartiers Valley Gas January 15 and July 15, equal to 5 per cent on the $1,400,000 stook,
Co., and $1,000,000 is reserved to retire the $1,000,000 bonds of the of which It owns $750,000.—V. 63, p. 31, 76,189.
Date. Interest. Outstand'g.
Maturity.
S to
Bo
Allegheny County Light and East End Electrio bonds and $1,500,000 Stook c k &$25) n d s —
(par
full paid___ ........ 5 J - J
$1,400,000
See text.
for future improvements and additions. Messrs. Brown Bros. & Co. Consol, mort., $1,250.000, 1892 5g. J - J
325,000 May 1, 1942
g., $1,000, on 28 miles. . *0 Int. at Fidelity Title & Tr. Co., Pittsburg<
offered the $4,000,000 for sale Feb., 1899, receiving applications for
Underlying mortgages—
eight times that amount.
Observatory Hill 1st M ........ 1887 5 J - J
125.000 July 1,1907
EARNINGS—T h e e arn in g s of th e p ro p e rtie s u n ite d fo r y e a r 1 8 9 8 show
Federal St. & PI. Val. 1st M. ........ 6 J - J
75.000 July 1,1903
Combined earnings for year ending Deo. 31, 1898 (adjusted to show Jack’ s Run mortgage.......... ........ 5 J - J
50.000
1913
status on present basis o f rentals and interest):
Fed. St. & PI. Val. mort........ 1889 5 J - J
300.000 July 1,1919
Allegheny & Bellevue 1st M. 1890 5 J - J
Phita.
Consol. Allegheny United
Total
100.000 Nov. 1,1920
Company. Gas Co. Co. Light, traction.
System.
Allegheny St. 1st mortgage. ........ 5
75.000
...............
Gross earnings........................ $1,571,147 $726,811 $609,208 $1,536,986 $4,444,152 Perry St.lst mortgage.......... 1890 5 J - J
100.000 Nov. 1,1920
Net earnings...........................
610,986 463,165 299,881
741,668 2,115,691 Troy Hill 1st mortgage....... 1890 5 J - J
100.000 Nov. 1,1920
Other incom e.......................
a62,819
10,684
25
11,462
84,990 Mortgage oar house.............
15.000
...............
T otal net in com e........... $673,805 $473,839 $299,906
$753,130 $2,200,681
Dividends—Dividends are payable at Farmers’ Dep. Bank; in Janu
Deductions—
ary,1895, 2 per cent; in 1896, none; in 1897, 5 p.o ; in 1898, 5 p. o.; in
Interest........... ......................None now . 250,000
60,000
499.550
809,550
R entals...................................................................................
32,868
32,867 1899, Jan., 2 ^ p. 0.
Miscellaneous........................
518,196
5,015
22,768
11,179
67,168
Bonds—The consolidated mortgage of 1892 is for $1,250,000, o f which
Dividends on preferred........................
120,000 ..........
150.000
270,000
the balanoe unissued is in the hands of trustee to retire all the other
Balance su rp lu s ............ $655,609 $98,825 $217,138
$59,533 $1,031,105
Deduct surplus United T raction Co., purchase not com pleted..........
59,’533 issues ; mortgage trustee is the Fidelity Title & Trust Co., Pittsburg.
Road—In June, 1898, operated 33 miles o f track (including sidings^
B alance.......................................................................................................
$971,572 on about 17 miles of street ; rails mostly 90-lb. girder.—V. 63, p. 189*
Deduct charges account o f new co m p a n y interest on $4,1)00.000 new 5s
....................................................................... $200,000
Dividend on $4,000,000 new preferred stock ................................................. 200,000
Surplus over preferred stock dividend..................................................... $571,572
a Includes dividends Allegheny Heating Co., $60,024; Penn. Nat. Gas, $1,876.
b Rental o f Chartiers Valley Gas was $125.742 and Penn. Nat. Gas was $15,900; total $143,939, but the Chartiers Valley Gas is now being acquired and its
rental will disappear.
OFFICERS, Et c .—Hon. J. H. Reed, President; James D. Callery,VicePresident (now President of the United Traction Company); O. J.
Braun, J r„ Treasurer; J. F. Guffey, Secretary, and J. C. McDowell,
General Manager. D irectors: Messrs. Reed, Callery, Given, McDowell,
Rhodes, McMullin, Frazier, Bowdoin and Calhoun.—V. 68, p. 332,
3 8 1 ,4 3 0 ,4 7 9 ,9 7 3 .
UNITED TRACTION CO.~
ORGANIZATION.—Formed in 1896, and in June 1897, and purchased
all the property and franchises o f The Second Avenue and North Side
traction companies, and secured control of the Pittsburg Allegheny
& Manchester through a lease for 950 years and the purchase of its
stook. The Federal St. & Pleasant Valley Passenger Ry. is controlled
through its lease for 950 years to the North Side Traction.
In March, 1899, the Philadelphia Co. offered to give $6,375,000 of
its common stook in exchange for the $17,000,000 common stook of
the United Traction. See V. 68, p. 479.
STOCK & B o n d s
Date. Interest. Outstanding. Div.orMat.
0om.stock,$17,000,000 (50).......................... $17,000,000
.........
Pref.oum., $3,000,000 ($50)...........*
J-J
3,000,000 Jan.16,’99,2^3
United Trac, gen.m.gold, ) 1897 5 g. J-J
4.725,000
J ’ y 1,1997
$10,000,000 ($l,000).c* 5 Trustee Maryland Trust Co., Baltimore.
Interest is payable in New York City.
Outstanding
Annual
Underlying Securities— See also below). Not Owned.
Charges.
Federal St. & Pleasant Valley stocktf............ $647,350
$32,868
Federal & Pleasant Valley bonds IT
................. 1,250,000
63,250
Pitts. Alleg. & Man. bondsH............................ 1,500,000
75,050
Second Avenue Traction bonds....................... 2,500,000
125,800
U ^Total (of bonds, $5,275,000)..................... $5,897,350
$296,968
Second Avenue Traction bonds for $2,500,000 as above (assumed by
United Traction Co.) include:
(2)
PITTSBURG ALLEGHENY & MANCHESTER TRACTION.—
ORGANIZATION—Consolidated with United Traction in June, 1897,
which purchased all, or nearly all, the capital stook (V. 65, p. 27).
C O N S O L I D A T E D T R A C T I O N —Trolley road.
O r g a n iz a t io n —Chartered July 15,1895. The company has merged
the Fort Pitt Traotion. Co. and assumed its leases of the Citizens’ and
the Allegheny Traction companies, and has acquired the control o f the
Central Pittsburg and Duquesne Traotion companies. On April 2,1896,
assumed management of these six companies, with capital of $13,500,000 and a bonded debt of about $6,377,000. See V. 62, p. 1087.
STOCK—
Par. Interest.
Outstanding.
Dividend.
Oommon stook.......... $50
............
$15,000,000
..............
Pf. stook, 6 p.o. cum.
50 6 M & N
9,650,100 May 9,’99,3%
“ Loans,” July 1,’98.................................
1,300,000
.......... . .
The preferred stook carries cumulative dividends of 6 per cent per
annum, and has the right to participate equally with the common stock
when that has received 6 per cent. First dividend on preferred was
paid May, 1897. In November, 1897, no dividend was paid. See V
65,p. 685. In May and Nov., 1898,3 p. o. was paid. In May, ’99, 3 p . c ’
C o m p a n ie s C o n t r o l l e d — The companies acquired are shown in t h e
following table, as also the amounts of their stocks and bonds.
Company.
Miles.
Old stock.
Bonds.
Duquesne Traction.......................... 33
$3,000,000
$1,500,000
Pittsburg Traction.....................
12*n 2,500,000
1,007,000
Central Traction.............................
1,500,000
500,000
Fort Pitt Traotion......................
10
3,000,000
938,000
Citizens’ Traotion............................ 30
3,000,000
1,620,000
Allegheny Traction.......................... 18
500,000
750,000
R o a d -Controls about 120 miles of traok in all.
E a r n in g s a n d C h a r g e s —Year ending June 30, 1898, earnings
w ere: Gross from operation, $1,996,671; income from other sources,
$175,607; total income, $2,172,278; net, $1,211,929; int., taxes, etc.,
$921,117; dividends, $288,005; balanoe, surplus, $2,807. In 1896-7,
‘ gross from operation, $1,839,086; other income, $624,161.
74
STREET RAILWAYS.
O fficers—President, C. L. M agee; Secretary, James A. M cD evitt;
Treasurer, George I. Whitney. Directors—C. L. Magee, Joshua Rhodes,
T H. Given, George I. Whitney, B. P. Jones.—V. 65, p. 685.
L ines con trolled by C onsolidated T raction .
( 1 ) ALLEGHENY TRACTION.—
ORGANIZATION— Incorporated July 23, 1889. April 1, 1896, th is
company was leased to the Port Pitt Traction Company for 950
years at a guaranteed dividend of 5 per cent per annum.
STOCK & Bonds— Miles. Date. Interest. Outstand’g. Lastdiv.,etc.
Stock, $500,000, par $50.................... 5 p. c. $500,000
See text.
Guaranteed bonds—
Millvale Etna & Sharps- ) . . . . 1893 5g. M-N 750.000 Nov. 1,1923
burglstM . $750,000,g. 5 Trustee, Pittsburg Trust Co., Pittsburg.
Road—Including Millvale Etna & Sharpsburg, IB's miles of road.
( 2 ) CENTRAL TRACTION.—Cable and trolley.
LEASE— Leased from April 2,1896, to the Consolidated Traction for
950 years at 3 p. c. per annum on par value of $1,500,000 stock, see
V. 61, p. 1154—and in May, 1896, stockholders were offered privilege of
exchanging their stock for reoeipts, which were redeemed at $30 per
share on Oct. 1,1896, in Consolidated Traction Co. preferred stock at
par. In June, 1896, 26,000 shares of Central Traction stock (out of
30,000) had been so exchanged.—V. 62, p. 1087.
STOCK & Bonds—Miles. Date. Interest. Outstanding.
Maturity.
Stock—par $5 0 ,)
c 30,000 shares > Saa tAYt
see text..........\
..................
3%
( $30 paid up. { 8ee
lstM.$375,000 5
6
188» 5 J - J
$375,000 July 1. 1929
cable line $500 \ Interest at Union Trust Co., Pittsburg.
Bonds o f Central Passenger By. controlled.
1st M. $250,- >
4
1894 6 A-O
125,000 Oct. 1, 1924
000, $1,000.. 5 Interest at Union Trust Co., trustee, Pittsburg.
Dividends—Feb. 1,1892, $2 50 in stock ; in 1896, Feb., 2 p. o. in cash;
in 1898, Nov., I 1 p. c. in cash; in 1899, May, 1*3 p. c. in cash.
«
Road—8-5 miles of road, of which it controlled by ownership of
oapital stock, Central Passenger Ry., 3 ^ miles. —V. 62, p. 948,1087.
DUQUESNE INCLINED PLANE.Road—Said to operate 1,586 feet of track. President, S. Severance.
MCKEESPORT W I L M E R D I N G & D U
QUESNE Ra i l w a y O rganization—A reorganization on March 3,1898, of the McK. D.
& Wilm. Ry. sold in foreclosure on Aug. 4, 1897, which included the
Citizens’ Street Railway of McKeesport, the McKeesport & Wilmerding
and the White Electric Traction.—V. 65, p. 328. Stock, $350,000.
Bonds, $350,000 30-year, gold, 6s, subject only to $35,000 White
Traction 6s, due 1911.
Road—In July, 1898, had in operation 16 miles o f track on 14 miles
of street. OFFICERS— President, E. C. Converse ; Sec. and Treas., Geo.
Sheppard, Pittsburg, Pa.—V. 64, p. 707; V. 65, p. 328 ; V. 66, p. 900.
MONONGAHELA STREET RAILWAY.—
ORGANIZATION—On May 26, 1898, absorbed by consolidation the
Schenley Park & Highland, Homestead & Highlands, Braddock &
Homestead, and the Braddock & Duquesne (the latter then build'
ing). The old lines have been rebuilt and necessary new lines con
struoted to form a continuous double-track road from the borough3 o f
Braddock, Duquesne and Homestead, to and through the boulevard
and park district of Pittsburg, and entering the business portion b y a
trackage agreement with the Consolidated Traction Co. A ll o f the
underlying bonded debt and stock o f the companies merged has been
retired. V. 67, p. 74. Bills payable July 1,1898, $18,000. Extension
from Bradock to McKeesport reported as proposed in Feb., 1899.
In April, 1899, plan reported on foot to control the electric-lighting,
plants in the county.
STOCK & Bonds— Miles. Date. Interest. Outstand’g. Maturity.
Stock, $1,000,000............................................. $1,000,000 ......................
1st mort., $1,000,000,) 17 1898 5g. J-D
1,000,000 June 1 ,1 9 2 »
gold.......................... 5 Union Trust Co., Pittsburg, Trustee.
Road —Owns 17 miles of double track,including branches. Also has
trackage under agreement with Consolidated Traction Co., 5 miles;
total operated, 22 miles; 90-lb. rails. Completed in Deo., 1898.
( 3 ) CITIZENS’ TRACTION—A cable and trolley road.
OFFICERS—President, W. L. Mellon; Vice-Pres., A. W. Mellon; Sec.,
ORGANIZATION— Incorporated July 6, 1887. On Sept. 1, 1887, pur F. M. Ross; Treas., R. G. Wood.—V. 67’, p. 74.
chased the entire capital stock ($200,000) of the Citizens’ Passenger
PITTSBURG & BIRMINGHAM TRACTION—
Ry., which it now holds.
A trolley road.
L ease —Leased from Nov. 1, 1895, to Fort Pitt Traction Co. (now
ORGANIZATION—Incorporated Aug- 15, 1889; Nov. 19,1889, leased
COnsol. Traction) for 950 years at 6 p. c. per annum on $3,000,000 cap
P. & B. Passenger Ry., including South Side Pass. Ry. Co. Has also
ital stock. In addition the lessee agreed to pay a floating debt o f $175,leased and operated since Deo., 1891, Pittsburg Incline Plane Co. and
000, and at maturity a mortgage debt of $1,620,000.—V. 61, p. 661.
Mt. Oliver Incline Plane Co.; operates also Birm. Knoxville & Allen
STOCKS & Bonds— Date. Interest. Outstanding.
Maturity.
Stock ($50) fully paid............... 6 M.-N.
$3,000,000 f.p.
See text. town Traotion Co. (See suit regarding interest paid on B. K. & A.,
bonds.—Y. 62, p. 989.)
1st mortgage ($1,000) < 1887 5 A.-O.
1,188,000
Oct. 1,1927
Not subject to call. ( Trustee, Fidelity Title & Trust Co., Pittsburg.
STOCK & Bonds .— Date.
Interest.
Outstand’g
Maturity.
Purchase money m o rtg s .........................
120,000
..................... Stook ($50).....................................
Text.
$3,000,000
See text.
Bonds o f lines whose stocks are owned.
1st mort., gold, 5s... 11889 5 g . M. -N .
1,500.000 Nov. 1,1929*
Penn St. Pass. Ry. IstM . 1892 5 J.-D.
$250,000
June 1,1922
($1,000)................. 0* j Trustee,Fidelity Trust,Etc.,Co. of Philadelphia.
Transv’rse Pass Ry. 1st M. 1891 6 M.-N.
49,500
1901
147.000
1900
No. Side Pass. Ry. 1st M. 1892 6 F.-A.
12,500
1902
B yeariy$! 2.,0.0° : . P.al.d i 1890 5
O
A - O
Interest and dividends payable at N. Holmes & Sons, Pittsburg, Pa.
Ross Street m ort...........................................
30.000
...............
Guaranteed bonds—
Dividends—In 1892, 6 p. o.; in 1893,6 p. o.; in 1894, 6 p. o.; in 1895,
A -O
Pitts. & Ormsby............1891 5
10.000
1896-1901
5 p. c. Under the lease dividends are 6 p. c..
Birm. K nox.& A.lstM . >1891 6 g. M - S
. . . . . Sept. U 1931
500.000 m M R1, ____
Road ,—Owned and operated 30-5 miles of track on 15 miles of
gold, interest guar.. 5 Trustee, Fidelity Ins. Tr. & S. Dep/Uo., Phlla.
street.
Brownsville Ave. St. 11896 5
F -A
$300,000 Oct. 1, 1926
Ry. 1st mort............. 5 Int. at Dime Savings Bank, Pittsburg, Pa.
OFFICERS.—President, John G. Holmes; Vice-President, H. S. A.
D ividends—For year 1892-93 paid 2 p. 0.; in 1896, January, *2 p. o.;
Stewart; Secretary, John G. Bright; Treasurer, Nathaniel Holmes
in 1897,
(?)
; in 1898, Apr., 1 p. 0.; Oct., 1 p. 0.; in Apr., 1 p. 0.
—V. 60, p. 930; V. 61, p. 112, 516, 661.
ROAD— In July, 1898, operated 27-75 miles o f track, laid with 90-lb.
rails, as follow s: Mam line, 15 lines; Brownsville Ave. Ry. (all its
(4) DUQUESNE TRACTION—A trolley road.
$300,000 stook owned), 7*33 miles; inclines, 2 miles.
LEASE— Leased from April 2,1896, to the Consolidated Traotion for
ANNUAL R eport —For the year ending June 30, 1898, carried
950 years at 4 per cent on the $3,000,000 stock, but dividends for a 8,612,027passengers, against 7,417,184 in 1897 and 7,549,306in 1896
year and a-half to be withheld for payment of floating debt of
1898.
1897.
1898.
1897.
$180,000. In May, 1896, stockholders were allowed to exchange their G ross............. $436,202 $393,869 Rentals, eto.......$72,429 $35,416
Exp. & taxes. 222,702
229,360 Bond interest... 117,436 109,363
stock for receipts, redeemed Oct. 1,1896, at $37 per share in 6 per cent
preferred stock o f Consolidated Traotion Company at par. In June, N e t . ...............$213,500 $164,909 Bal.,sur.fory’ar.$23,635 $19,730
GENERAL BALANCE SHEET JUNE 30, 1898.
1896, 51,000 shares out of 60,000 had been so exchanged. See Y. 62,
Assets.
Liabilities.
p. 1087.
Cost of road................... $1,372,288 Stock.............................. $3,000,000
266,600 Bonds and mortgages.. 1,500,000
STOCK & Bonds .—
Date. Interest. Outstanding.
Maturity. Cost of equipment___
Property & franchises.. $2,898,030 Guaranteed bonds.......
810,000
Stock ($50) f u l l v n a i d ^ , " " "
Text.
$3,000,000
See text.
, “
iuuy paia ^ Div payable at Fidel. Tltle & Trust Co., Pitts’h Stook of nth. oompan’ s 1,003,550 Debenture bonds..........
147,000
880 Accounts payable........
H orses........ ..................
1st mortgage...........o.* 1890 5 J. - J.
1,500,000
July 1, 1930
76,165
185,870 Interest, etc., accrued.
33,802
Dividends were 5 per cent, J&J, but in 1893 and 1894 none paid; Accounts receivable...
11,835 Loans (since paid,........
Cash....................
9,000
Feb., 1895, paid 2 p. o.; Aug., 2 p. o.; in 1896, Feb., none; in 1898, May
Profit and loss, surplus
163,086
2, 1 p. c.; Nov. 14, 2 p. o.; in 1899, May 5, 2 p. c.
Total........................$5,739,053
Total........................ $5,739,053
R oad—On June 30,1896, controlled 11 companies, with a oapital
aggregating $249,700 and having 3 3 3 , 6 miles of road.
O fficers—President, Harry Moore; Vice-President, A. C. Wettengel;
—V. 60, p. 930; V. 61, p. 153, 794,1154; V. 62, p. 948,1087.
Secretary and Treas., W. H. Rogers.—V. 67, p. 3 1 7 .
L ines L eased to Pittsburg & Birm ingham T raction .
( 5 ) FORT PITT TRACTION—See Consol. T raction Co .
MT. OLIVER INCLINE RY.—Owned, leased and operated by Pittsb.
( 6 ) PITTSBURG TRACTION— trolley road.
A
& Birm. Traction Co. Stock, $100,000. Bonds, first mortgage 6s, M. <
fc
O rganization—incorporated April 1 4 ,1887.
N., due Nov. 1,1901, $44,500.
L e a s e —Leased from April 2,1896, to the Consolidated Traotion for
PITTSBURG INCLINE PLANE—Leased for 999 years to Pittsburg
950 years at 7 per cent on the $2,500,000 stock (see V. 61, p. 1154)
but l 1 years’ dividends to be used to pay floating debt of $250,000. A Birmingham Traction Co., at rental equal to interest on bonds and
^
In May, 1896. stockholders were offered receipts for their stock
which were redeemed at $70 per share on Oct. 1,1896, in preferred 10 p. o. on $150,000 stock, free of tax, but dividends have been 9 p, o.
stock of Consol. Traotion Co. In June, 1896, 39,000 shares out of yearly, balance being carried to surplus.
50,000 had been so exchanged. See V. 62, p. 948. Pittsburg Traction
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
owns the $250,000 capital stock o f Bloomfield St. Ry. and gharantees Stock, par $100, full paid..............
Q -F $150,000
See text.
the bonds.
1st M., $1,000 each.......... c* 1889
6 J -J
150,000
July 1, 1929.
C 1890
6J J
100,000
June 1,1910
STOCK & Bonds .— ^ Date. Interest. Outstanding. Last div..etc 2nd mortgage................... < Subject tp call -on any June 1 after 1894.
Stock, $2,500,000 (par $50)
Text.
Text.
See text
( Int. at Fidelity Ins., etc., Co., Phila., trustee.
1st mort. 5s...................... 0*. 1887 5 A.-O.
$750,000
Oct. 1,1927
Roa
Forty
P.O. & E.L. b’ds. ass’d................. 6 p. o.
7,000
Feb. 1,1901 Streetd — Road extends from on top ofHill, Pittsburg on Bradford
to Washington Avenue,
hill.
Guaranteed bonds—
Bloom Held St. Ry.,lstour.c*1893 5 F.-A.
250,000 Aug. 1,1923
PITTSBURG & CASTLE SHANNON R E
Interest at Pittsburg Trust Co., trustee
Loans June 30,1896.............................
389,083
ORGANIZATION— Chartered Sept. 21, 1871.' Besides operating the
Stock -Issued 50,000 shares, on whioh $38 each has been paid.
railroad this oompany transports and sells coal from its own mines.
DIVIDENDS—At company’s office, Pittsburg. Dividends of 6 per cent
Miles. Date. Interest. Outstand’g. Maturity.
S tock & Bonds—
$481,400 ................
have been pa id; in 1895, 6 p. 0.; in 1896, none—see above. In 1898 Stock..................................
1st M., $500 and $1,000..
1888 6 F - A
200,000 A u g.l, 1908
May 2, 2 p. o. was paid; Nov., 3*2 p. 0.; in 1899. May 5, 3^2 p. 0.
;
Purchase-money mort___
1891 None
16,149 1899&1901
R o a d .— Owns 12-67 miles of track. Bloomfield St. Ry. owns 3 miles. Curr’nt liab., J’ne 30, ’ 98
81,641 .................. .
OFFICERS.—President, George W. Elkins. Y. 62, p. 1087.
E a r n in g s .— In 1897-8, gross, $58,932; net,$12,302; charges, $17,1^0
75
STREET RAILWAYS,
Dividends of 7 per cent per annum were raid in year 1892-93; ill
Road—Operates road o f 40-lnclx gauge from Pittsburg to Arlington.
Pa., 6 *a miles, incl. two Inclines o f 1,375 and 2,112 feet respectively, 1893-94,6 p. o.; in 1894-95, 9 p. o.; in 1895-96, 6 p. c.; in 1896-97, 6
A nnual R eport —For the years ending December 31 earnings from p. o.; in 1897-98, 6 p. o.
R o a d —Operates 8*75 miles of trolley track, extending from Plym
both railroad and coal business were:
Gross.
Net.
Interest.
Balance. outh to Kingston; sidings, etc., '43.
1896....................... . ...........$111,773
$14,647
$14,182
sur.$465
EARNINQS—For years ending Sept. SO earnings have b een :
1895.................................... 135,282
16,167
15,438
sur. 729
1897.
1898.
1898.
1897.
1894....................................
99,025
14,514
14,638
def.124 Gross earnings..$34,107 $33,840 Dividends paid... $6,000 $6,000
Passengers carried in year 1897-8, 986,223; in 1896,1,084,483.
402
Balance for year.
928
2,593
Total sur.Sept.30 3,521
000
OFFICERS—President, James M. Bailey; Sec. and Treas., E. J. Reamer. Other income.: ä 13>
Int., taxes, e tc ... 5,172
5,266
OFFICERS—President, O.
PITTSBURG & WEST END PASSENGER Supt., Benj. F. Sherburne. H. French; Treasurer, O. E. Chapman;
RAILWAY—e e W est E nd T r a c t io n .
S
ST. CLAIR INCLINE PLANE-A cable road.
ORGANIZATION—Chartered Sept. 9,1885. Road completed in 1889.
Stock, $150,000 f. p.; 1st mortgage, $1,000 each; 6s, M-N, $75,000,
■due Nov. 7,1909. Interest at Thomas Mellon & Sons’ Bank. Dividends
—In January, 1893, 2*3 per cent. Road is four-tenths of a mile long
For year ending June 30,1896, gross, $15,687; net, $7,671; int. and
taxes, $5,784; “ other expenses,” $2,250; bal., deficit for year, $363.
In 1894-95, gross $13,749; net, $3,266. Pres, and Supt., W. S. Hughes.
PORT
HURON,
M IC H .
P o pu la t io n 1890 w a s 13,543; in 1880 w a s 8,883;
and in
1870
w as
5,973.
CITY ELECTRIC RAILWAY.-Atrolley road.
ORGANIZATION—Chartered in 1892 and franchise runs till May 30
1927. Population in 1894 by State census, 18,140.
STOCK & Bonds— Miles. Date. Interest.
Outstand’g. Maturity.
Stock $100,000 ($100).....................................
$100,000 ......................
lntmnrf <<
f 2rtn ooo( 1013 1893 6 g. M - 8
t
142,000 Mar. 1,1913
1 “ S ? 1* T o £ ? ’000 \
Subject to call at 105 after Mar. 1,1903
SUBURBAN RAPID TRANSIT.— tr lle r a . gold, !pi,uuu.......(in t . at Hanover National Bank, N. Y. City.
A o y o d
Road—Said to operate 9 miles of track on 9 miles of street. Capital
Bonds—The mortgage trustee is the Union Trust Company of Detroit.
stock, $300,000; par $50; outstanding, $122,000. First mort, gold 6s
due 1913, for $200,000 are outstanding ; interest payable M. & S* In January, 1899, $58,000 of the bonds were still reserved for additions
Current liabilities June 30, 1898, $28,413. Year ending June 30’ and extensions at not exceeding 60 per cent of actual oost.
Road—Operates 10^ miles of track on 9 ^ miles of road.
1898, gross, $22,286 ; deficit under operat’g expenses, $9,165. Presi
dent, Gen. Man. and Purch. Ag., Thomas A. Noble; Sec., C. E. Suocop.
ANNUAL R e p o r t —For flsoa.1 year ending December 31 earnings were:
1898.
1897.
1898.
1897.
$866
Gross earnings..$55,225 $52,565 Taxes....................... $891
WEST END T R A C T I O N —A trolley road.
1,597
Net earnings___ 17,226
15,028 Insurance...............2,333
O r g a n iz a t io n —a consolidation Jan. 1. 1898, of the Pitts. & West
Taxes and insurance are charged in operating expenses.
End Passenger Ry., Pittsburg Grafton & Mansfield, Pittsburg Neville
OFFICERS— President, W. Canham; Secretary, F. J. Dixon; Treasurer,
I. & Coraopolis and other oompauies.
W. L. Jenks; Superintendent, H. a . Dixon.
S t o c k A B o n d s — Mis. Date. Int.
Outstanding.
Last Div., etc.
Com.stk,$2,500,000 .........................
$2,500,000
..................
Pf. stk., $2,500,000............................
2,500,000
J u ly ,’98, 2%
P O R T L A N D , ME.
TT *1
V
1898 5 J-J
500,000
Jan. 1,1938
Con.M $1,500,000 £
Trustee, Union Trust Co. of Pittsburg.
P o pu la t io n 1890 w a s 36,425; in 1880 w a s 33,810;
TJnderly’g l ans—
AND IN 1870 w a s 31,413.
Pitts.Nev.Is. & Co r. 9 ^ ___
6
$100,000
..................
PORTLAND RAILROAD.Pitts. Grafton &< 17 1894 5 J -J
250,000
July 1,1924
ORGANIZATION— Chartered March 19 1863, under laws o f Maine. At
Mansfield 1st M. ( Int.at Pittsburg Tr. Co., Trustee, Pittsburg, Pa.
Pitts & W. E. 1stM. 16 1892 5 J-J
500,000
July 1,1922 a meeting Jan. 21, 1895, the stockholders voted to equip the entire
BONDS—O f the 5s of 1898 $850,000 are to be used to retire under- road with trolley and to issue part of the authorized issue of first m o r f
lying bonds and $150,000 for other purposes.
gage bonds to meet this expense.
ROAD—Owns about 4 2 miles.
In 1899 purchased the Portland & Cape Elizabeth, which see.
A n n u a l R e p o r t —For the year ending June 30,1898, gross, $367,STOCK & Bonds—
Miles. Date. Interest. Outst’ng. Maturity.
159; net after taxes, $186,706. Dividends paid were $112,500.
Stk.auth.fl,000,000,$100
6 F.-A. $495,566 See text.
DIRECTORS—President, J. C. Reilly; Sec., Wm. V. Callery; Treas., 1st mortgage, $500,000 g 16*2 1893 4*3 g. M-N 500,000 May 1,1913
Wm. J. Burns, Jr.—V. 61, p. 612; V. 66, p. 860.
Loans and bills payable June 30, 1898, $65,000.
The bonds cover all the property, equipment and franchises.
P IT T S F IE L D , M A S S .
Dividends—In year 1892-93, 4 per cent; in 1894, Aug., 3 p. c.; i n
1895, 6 p. c.; in 1896, 6 p. o.; in 1897, 6 p. o.; in 1898, 6 p. c.
P opu la t io n in 1895 w a s 20,461; in 1890 w a s 17,281;
ROAD—Owns 24-20 miles road and 30*95 miles of track in Portland«
IN 1880 WAS 13,364; AND IN 1870 WAS 11,112.
Deering and Westbrook. In Aug., 1898, extended about 3 miles.
PITTSFIELD ELECTRIC RAILWAY.
ANNUAL R e p o r t —For the years ending June 30 as below :
O r g a n iz a t io n , E t c . —
stock Oct. l , 1898, $80,000; bonds, $45,000;
1898.
1897. |
1898.
1897.
other debts, none. Bonds are gold 5s (J-J), $30,000, maturing Jan. Gross earns. ..$302,126
$276,857 T a x e s .................. $6,454 $5,579
1, 1904, and $15,000 July 1, 1906; interest at Third National Net earnings. 94,569
88,182 |Dividends................ 29,658 20,883
34,949
Bank, Pittsfield, Mass. Owns 10-097 miles of track. In 1898, stock Other income. Surplus for y e a r...33,392
26 ,77 1 1Total surplus..........54,398 21,006
was increased to $80,000 to build an extension of about 2 miles to Interest.......... 25,065
Tillotsons. For year ending Oct. 1, 1898, gross earnings, $66,070;
OFFICERS—President, Wm. R. W ood; Secretary, Treasurer and Pur
net, $23,138; other income, $232; charges, $3,740; dividends, 6 p . e., chasing Agent, E. A. Newman. Office, Portland, Me. V. 68, p. 381.
$3,600; balance, surplus, $16,030. Pres., Jos. Tucker; Sec., J. M.
( 1 ) PORTLAND & CAPE ELIZABETH R Y .-I n 1899 was pu r.
Stevenson.
’
chased by Portland RR.
P L A IN F IE L D , N. J.
ORGANIZATION— This company and the Cape Elizabeth Street Ry.
while distinct corporations, are operated as and are praotioally one.
P opu la t io n 1890 w a s 11,267; in 1880 w a s 8,125;
They were organized in 1894-95. Line runs from Monument Square
an d in 1870 w a s 5,095.
n Portland over the Portland Bridge into South Portland, with ter
PLAINFIELD STREET RY— tr lle r a .
A o y o d
minals at Simonton Cove and Rigby Park. Company owns large
O r g a n iz a t io n —This company operated 9 miles of track. Jan. 1,1898,
it had capital stock issued, $100,000; do. paid in, $85,208 ; funded pleasure resort property at Simonton Cove and Cape Cottage Park.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
debt, $100,000; total cost of road and equipment, $185,208. In
(par $100)............................................
$450,000
1897-8,1%
Jan., 1899, the Westfield & Elizabeth St. Ry. was incorporated to build Stook $400,OOOg.($1,000) 1895 5 g. M-N
1st M.
350,000 Nov. 1,1 91 5
an extension of 12 miles double track to Elizabeth, connecting there
Interest at American Loan & Trust Co., Boston, trustee.
Current liabilities June 30,1898, $20,093.
with the Consolidated Traction Co. Contracts were reported let, the
R o a d —11"52 miles of trolley road with 15-51 miles of track. In
work to be completed by June 1,1899. In year 1897 income from
1898 built about a mile of track to Cape Cottage Park.
passengers was $50,491; other income, $113; net earnings, $10,340.
EARNINGS— Year
OFFICERS—President, T. N. Nevtns; Vice-President, T. J. Fritts; Sec" interest and taxes, ending June 30,1898, gross, $55,948; net, $18,787 ;
$18,408; dividends (1 p. c .),$4,500; balanoe, deficit
retary and Treasurer, Adrian Riker.
for year, $4,121. Total surplus July 1,1898, $1,584.—V. 68, p. 381.
P L A T T S B U R G , N. Y .
P o pu latio n 1890 w a s 9,500; in 1880 w a s 8,283;
an d in 1870 WAS 8,414.
PLATTSBURG TRACTION CO.— trolley road.
A
O r g a n iz a t io n , E t c .—Chartered in 1896. Capital stock, $100,000
(par $100). First mortgage 6 p. c. gold bonds of 1896, due 1926; int.
J-J., at Continental Trust Co.. Trustee; authorized $100,000, issued
$80,000 to to June 30,1898. For year ending June 30, 1898, gross,
$1,784; net, $6,691. In 1897, gross, $18,439; net, $6,846.
Boadr—Owns 6 ^ miles of track; rail, 50 lbs. Prest., H. M. Pierson.
P L Y M O U T H , M ASS.
P o pu la t io n in 1895 w a s 7,957; in 1890 w a s 7,314; in 1880
WAS 7,093, AND IN 1870 WAS 6,238.
PLYMOUTH & KINGSTON STREET RY.—
O r g a n iz a t io n —In 1894 stock was mostly held in trust for the New
England Street Railway Co., which see under New Haven, Conn.
In 1899 this stock was sold to the parties identified with the pro
posed Ply mouth & Brockton. The latter will build a road from the
terminus of the Plymouth & Kingston, at Kingston, to Brockton via
Whitman.
Date. Interest. Outstand’g. Last div., etc.
S tock & Bonds—
Stook $100,000 ($100).. ....... See below. $100,000 f. p. 1897-8,6%
; 1890
5J- J
35,000
Jan. 1,1910
1st mortgage.................. Int. is payable at Intem at’l Tr. Co., Boston.
5^2 p. c.
7,000
On demand.
Real estate mortgages. ____
24,000
....................
U n fd debt Sept. 30,’97. ..............................
PORTLAND & YARMOUTH ELECTRIC
RAILWAY— tr lle r a .
A o y o d
O rganization — Owns road from Portland, Me., to Yarmouth, via
Deering, Falmouth and Cumberland. Road, 13 miles, operated since
August, 1898.
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
Stook (par $ 1 0 0 )................................................. $110,500 ......................
1st mort., $215.000, gold, < 1897 5 g. J-J $215,000 July 1, 1917
not subject to call........ o* ( Int. at Mass. Loan & Trust Go., trustee.
OFFICERS— President, Seth L. Larrabee; Secretary, W . G . Wheildon,
Treasurer, Henry P. Cox.
P O R T L A N D , ORE.
P o pu la t io n 1890 w a s 46.385: in 1880 w a s 17,577.
CITY & SUBURBAN RY*—
Tolley and steam road.
ORGANIZATION— Incorporated in 1891 as successor to the Willa
mette Bridge Ry. and Trans-continental Street Ry. In April, 1899
acquired all the stock of the Portland & Fairview at 20 cents on the
dollar.
STOCK & Bonds—
Date. Interest. Outstandg. Maturity.
St’k, auth. $1,000,000 ($100).............................. $753,300 ......................
Willamette Bridge Ry., 1st< 1889 6 M - S
100,000 Sept. 1,1919
mortgage, $100 each.......... ( Interest at Am. Loan & Trust, Boston.
Wav. & WOOd. El. Rv., 1st SI., ) i qqi
i
i i a aaa a w i . a ai
m
gold, subject to call at 104! $ 1891 6g. A - O 110,000 Apr. 1, 1921
City & Sub. consol. M., not ( 1891 6g. M- S 740,000 Sept. 1,1916
subj. to call, $100 eaoh, g .. ( Int’ st at Sec. Sav’ g & Tr. Co., Portland.
76
STREET RAILWAYS.
Bonds.—City A Suburban consolidated mortgage is for $1,000,000, ol
'Which $210,000 is reserved for the prior liens and (February» 1897,)
$50,000 for other purposes. Mortgage trustee Is the Security Savings
& Trust Oo., Portland.
Road .—Operates 58 miles o f track, Including thirteen differ
ent lines, of which eleven start from the oorner of Third and
Yamhill streets. Runs to Mt. Tabor and St. Johns. About 8
miles are operated by steam and 50 miles by trolley. Rails 30 and 40
b. T and girder; 37 eleotrio oars and 2 passenger coaches hauled
by steam motors. Operates also, under lease. Metropolitan Ry., 7 m.
OFFICERS.— President, Henry Failing; Vice-President, T. Woodward
Seo. and Treas., C. F. Swigert; General Manager, H. C. Campbell.
Index—v . 62, p. 86.
the $100,000 of bonds of that road. Estimated will give service to a
population of 50,000.
STOCK & Bonds— Miles. Date. Interest. Outsland'g. Maturity.
Stock, $50; full paid.............................................. $650,000
................
1st M., $500,000 gold. 5 ......... 1895 6 g.M-N
500,000 Feb. 1,1925^
$500 and $l,000.c* ( Snt. at Real Estate Trust Co., Phila., trustee.
Interest due and accrued to July 1,1898, $68,000; loans, $2,000.
Ro a d - I n 1898 owned 10 miles of track, including sidings, and
leased 15 miles; total operated, 25 miles.
EARNINGS—Year ending June30,1898, gross, $109,638; net, $41,824;
int., taxes and rentals, $58,597; bal., deficit, $16,773. In 1896-7
gross, $93,993; net, $22,715.
O fficers—President, C. P. K ing; Secretary, W. C. Pollock, Jr., 1340
Chestnut St., Philadelphia.
C IT Y & W E S T P O R T L A N D P A R K M OTOR.
( 1 ) POTTS VILLE & READING RAILWAY.—A trolley road.
O rganization—Chartered April 4, 1889. Franchise is perpetual
O r g a n iz a t io n —I n 1894 leased for 99 years to the Schuylkill Eleotrio
except that for trolley, which runs till 1912.
Ry. Co. for interest on bonds. Its securities, etc., are as follow s;
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock, $100,000................ ................................
$100,000
............ Stock, $50................. $100,000 f. p. I Main line...............................8 miles.
100,000 Sidings..................................1 *
*
1st M., $100,000, gold, $100 i 1891
6 J -J
100,000 July 1,1911 1st M.. 6 p. o., gold.o*
Dated 1895, F-A, Due 1925.
I Total track....................... 9 "
and $1,000..........................X
Hot subject to call.
Trustee,Real Estate Tr. Co., Phila. |Rails............................78 and 60 lb.
Interest at Illinois Trust A Savings Bank, trustee, Chicago, 111.
( 2 ) TAMAQUA & POTT8VILLE ELECTRIC RY.—A trolley road.
Road -Owns 7 miles of track in Portland, extending to suburbs of
O rganization — L e a s e d
t o t stock ($50).......................... $60,000
West Portland Park. Trolley, 1 m.; steam, 6 m. Rails 35 and 50-lb. T .
Schuylkill Electric for 30 years 1st mort., 6 p. o__ c*......... 60,000’
Extensions o f 12 miles and electrical equipment of present lines pro
from Jan. 15, 1896. Total track,
Dated 1895, J-J, due 1925.
posed in 1899.
3'13 miles.
OFFICERS— President, E. T. Johnson; Vice-President,Treasurer, Gen.
Mortgage Trustee, Columbia Ave. Savings Fund, Philadelphia.
Manager and Purchasing Agent, T. A. W ood; Secretary, W. HoseaWood.
( 3 ) SCHUYLKILL HAVEN A ORWIGSBURG STREET RY.
C O N SO LID ATE D ST R E E T R A IL W A Y - Se e
O rganization—5'6 miles of track. Leased to Schuylkill Eleotrio
P o rtlan d R a il w a y .
Ry. for 999 years from July 28,1898.
EAST SIDE RAILWAY— tr lle a ds a r a .
A o y n te m o d
ORGANIZATION—Chartered in July, 1892. The company went into
receiver’s hands Deo. 8, 1893, before the first coupon on its bonds
matured. In Feb., 1899, no date o f sale had been fixed and no plan o f
reorganization had been agreed upon.
STOCK & B o n d s — Miles. Dale. Interest. Outstand’g. Maturity.
Stock, $250,000...............................................
$250,000 .....................
1st mortgage................ 5 . . . . 1893 6 g. M-S 300,000 Mar. 1,1923
$300,000 gold.......... <Trustee Seou. Sav. & Tr. Co., Portland, O.
There is also a second mortgage and receiver’ s certificate, all the
latter and all the first and second mortgage bonds being owned, in
February, 1899, by Morris & Whitehead, bankers, of Portland, Oregon.
R o a d —Operates 23 miles of road on the east side o f the river, includ
ing the line to Oregon City (falls of Willamette River), 15 miles, which
was completed March 1,1893, and to Gladstone and Gladstone Park.
The total cost of the system is said to have been $525,000.
EQUIPMENT—Eleotrio motor cars, 19; trailers, 4 ; steam motors, 3.
OFFICERS— Receiver, C. H. Prescott, appointed in July, 1898, in
place of Joseph Simon. A. L. Maxwell, General Managei.
P O U G H K E E P S IE , N. Y .
P opu la t io n in 1890 w a s 22,206; in 1880 w a s 20,207;
an d in
1870
w as
20,080.
P O U G H K E E P S IE C ITY & W A P P IN G E R S
F A L L S E L E C T R IC R A I L W A Y — trolley road.
A
STOCK & Bonds— Miles. Date. Interest. Outstand'g. Maturity.
St’k,$750,000,par$100 ................................ ... $750,000f.p ..................
1st M. gold$1,000s. f. <
20 1894 5 g. J-J 358,000 July 1,1924
no option............. c*. XTrustee, Cent. Trust Co., N. Y. Int.inN.Y.City.
Bonds—The bonds are limited to $25,000 per mile o f completed
trolley road, $10,000 of this being issuable when track is laid and re
maining $15,000 when equipped with trolley. No bonds can be issued
in excess of $500,000 “ until the stockholders of this company shall
consent to such excess in the manner provided by the laws of the State
of New Yorx.” Sinking fund, beginning Jan. 1,1897, equal to 1 per
cent of the “ bonds issued hereunder” ; bonds purchased at not exceed
ing 110.
R o a d — Owns 15*10 miles o f ro a d ; second track, 1'14 m.; sidings, '59
PORTLAND RAILWAY-An e c ic r a .
le tr
od
m.; total, 16*83 miles of track.
ORGANIZATION—A reorganization in 1896 of the Consolidated Stree
Latest Earnings—12 mos., ? 1897.......Gross, $86,406; net, $33,686
Ry., sold in foreclosure Jan. 8,1896. The Metropolitan Ry. was not
Jan. 1 to Dec. 31.
5 1 8 9 6 .... Gross, 86,134; net, 36,597
included in the reorganization—see V. 62, p. 86.
E a r n in g s — Year ending June 30, 1898, gross, $84,998; net, $35,4585STOCK & B o n d s . — Date. Interest. Outstanding. Last Div., etc
interest and taxes, $22,840; dividends, 2 per cent, $15,000; balance,,
$700,000
..................
Stock.-com., $700,000..............................
deficit for year, $2,382; 1897, gross, $85,300; net, $33,667; interest,
Pref., 5 p .c.,$100,000...............
5J-J
100,000
............
Mult’mah St. Ry. IstM.g. 1890
6g.J-D
148,000
June 1,1910 $18,100; dividends, $15,000; balance, surplus, for year, $567.
Port. < Vancouver R y .. 1889 6 ........
ft
100,000
................
OFFICERS—President, J. W .H inkley,489-493 Main St., Poughkeepsie.
Port.Ry.lstcon.M.,g.o* ? 1896
5g. J-J
552,000
Jan. 1,1916 N. Y.; Secretary and Treasurer, Silas Hinckley, Poughkeepsie.
subj.to call J a n .l,1906 ( Interest at Mercantile Trust, N. Y., trustee.
Portland Railway first consol, mortgage is for $2,500,000 ($250, $500
and $1,000) of which bonds for $248,000 are reserved to take up at
P R O V I D E N C E , R . I.
maturity the Multnomah and the Port. & Vancouver bonds, $497,000
P opulation 1890 w a s 132,043 ; in 1880 w a s 104,856
issued in reorganization, $55,000 for betterment, balance authorized as
required at $'¿0,000 per mile for new road. Consols have a sinking fund
AND IN 1870 w a s 68.904.
of 5 p. o. per annum after 1905, and are redeemable at par on and
P R O V ID E N C E - P A W T U C K E T - P A W T U X E T
after Jan. 1,1906. The mileage covered by present mortgage debt is
25 miles. The Portland Ry. is not responsible for interest on the Met V A L L E Y , R. I —UNITED TRACTION A ELECTRIC.
ropolitan Ry. 1st mortgage 6s, of which $145,000 are outstanding but
ORGANIZATION -Controls by ownership of stock and bords the entire
were not included in the reorganization.
street railway system of the city of Providence and of the towns o f
ROAD—Owns 25 miles of track.
E a r n in g s — Fiscal year ends December 31. Earnings include Metro North Providence, East Providence, Cranston and Johnston, and all
politan Ry., which for 1895 showed a deficit under operating expenses. the street railways of the cities of Pawtucket, Central Falls (except
the Inter-State Consolidated) and towns of Lincoln and Cumberland,
1895.
1894.
1893,
Gross earnings....................... $167,822
$170,977
$248,432 serving, it is said, a population of about 250,000. In addition to the
Net earnings........................... 38,800
41,688
85,053
above the United Traction A Eleotrio Co. controls by ownership o f
OFFICERS— President, O. F. Paxton; Vice-President, J. V. Beach;
stock and bonds the street railway system in the Pawtuxet Valley lo
Secretary and Treasurer, J. F. Batohelder.
cated in the towns of Warwick, Coventry, Cranston and Scituate, serv
P O R T L A N D T R A C T IO N — trolley and cable road.
A
ing at present a population of nearly 20,000, and also an electric-light
ORGANIZATION—Successor in 1894 of Portland Cable Co. Owns 7h» plant serving to a considerable extent the same population. The securi
miles of track, of which 5 miles operated with trolley and 2 ^ miles ties by which this ownership is held are deposited to seoure the bonds
with oable. Stock, $400,000; President, S. P. Smith, San Francisco.
below described. The United Traction & Electric Co. was chartered
in New Jersey to build and equip railroads, sell bonds, mortgages, etc.
STOCK & BONDS—
Date. Interest. Outstanding. Div.,Mat., Etc.
PORTSM O U TH , V A .
Stock............................................
Q-J
$8,000,000 Apr.1,’ 99, 1%
P o pu la t io n 1890 w a s 13.268; in 1880 w a s 11,390.
^ P rov T& < S w.°issuel 718, 93 ,5 * *• - s - 8.247.000 Mar. 1, 1933
p
P O R TSM O U TH S T R E E T R A IL WAY-Trolley
1st (coll.) M. $1,000, g ) Interest Payable at Central Tr., N. Y., Trustee.
—V. 62, p. 86.
Dividends—In July, 1897, the first dividend was paid, being
p. e.;
ORGANIZATION —Chartered in 1887. Municipal franchises expire in
Oct., p.c.; in 1898, Jan., % p. c.; April, % p. c.; July, % p. o.; Oct. % p.o.;
Deo., 1918.
in 1899, Jan., % p. c.; April, 1 p. 0.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity.
Bonds—Totalissuelimited to $8,000,000,with provisions for increasing
Stock authorized $200,000...............................
$50,000
...............
the
1st m
ortgag» »500,000
.........f ■
■
Y . Ä t a f 6 issue by not over $1,000,000 for actual cost of new track (including
2d M . for $100,000................ 1897
........
(1)
................. equipment) within 18 miles of the City Hall of Providence, R. I., and
In August, 1897, a second mortgage for $100,000 was reported to additional to 104 miles o f track, but at a rate not exceeding $12,000 per
have been made to the United Security Life Ins. & Tr. Co. of Pennsyl mile of such new track. Under this provision $247,000 of bonds were
vania, as trustee.
issued in 1895 against new mileage. The bonds are secured by mort
R o a d —Owns 11 miles of track. Rails 30 to 57 lb. Extension re gage on all the mortgage bonds and all the stock of the Union Ry. Co.
ported proposed in Jan., 1899. President and Gen. Manager, H. G. of Providence and all the stock of the Pawtucket Street Ry. Co.
Williams.—V. 62, p. 86, 234.
The Providence Cable Tramway Co. is leased to the Union Railway
Co. for 50 years for 6 per cent on its capital stock, all but two share»
POTTSV1LJLE, P A .
of which is owned by the Union Railway Co.
P o pu la t io n 1890 w a s 14,117; in 1880 w a s 13,253;
ROAD.—In August, 1898. there were completed and in operation
AND IN 1870 WAS 12,384.
136*6 miles, which include 7'3 miles of Pawtuxet Val. El. St. Ry.
In May, 1899, the Union RR. of Providence bought from the New
S C H U Y L K IL L E L E C T R IC R Y .-A troUey road.
York New Haven A Hartford its Warwick & Oaklau 1Beaoh or ButtonORGANIZATION —Chartered Oct. 5, 1889. Leased for 99 years the
woods branch, and this is to be changed from a steam to an electric
Pottsville A Reading Ry. (9 miles track), guaranteeing the interest on road. Contract goes into effect next January it is stated.
M AP OF T H E
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m
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RICHMOND TRACTION CO.
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S ecurities P ledged .—The securities pledged include all of
the $8,700,000 capital stock o f the Union RR. o f Providence, all of
the $500,000 capital stock of the Pawtucket Street Ry. (no bonds) and
all of the $3,000,000 first mortgage bonds of the Union RR. of Provi
dence. The Union RR. owns $299,800 o f the $300,000 capital stock of
the Providence Gable Tramway Go. (no bonds)
T reasury S ecurities—The United Traction & Electric Co. has in its
treasury $361,800 of the $400,000 capital stock and $150,800 of the
$198,000 first mortgage bonds of the Pawtuxet Valley Electric Ry.
A ll the above-described roads of the United Traction & Electric Co.
including the Providence Cable Tramway, are now operated by eleo
tricity, and since completion of the electrical equipment in April, 1894,
the large increase in the earnings anticipated has been fully realized.
„ o at est Earnings- 2 months ending Feb. 28,1899, gross, $270,799;
L
o In 1898.
Y early Earnings—Fiscal year ends June 30. Earnings have been:
i Mi?noen^
Gross.
Net.
Charges.
Bal.,sur,
$760,598
.......
1897-98........................ $1,742,294
1896-97...................
1,702,342 660,395
$412,350 $248,045
1895-96........................ 1,720,784
659,425
412,350
*47,075
Net is the result after deducting taxes, repairs, damages, etc.
OFFICERS President, Nelson W. Aldrich; Vice-President, Marsden
J. Perry; Treasurer, F. P. Oloott of Central Trust Co., New York.—V
65, p. 464; V. 68, p. 525.
P U E B L O , C O L.
P o pu la t io n in 1890 WAS 24,558; in 1880 w a s 3,217
AND in 1870 w a s 666.
R E A D IN G ,
P o p u l a t io n 1890 w a s 58,661
a n d in
1870
PA.
1880
33,930.
in
w as
w as
43,278;
UNITED TRACTION—
In 1899 control acquired by the United Power & Transportation Co.
See statement of the same under Wilmington, Del. Stockholders were
given $75 in 4 per cent collateral trust bonds of the Power & Trans
portation Co. for every $50 o f United Traction Co, stock held, with
right to subscribe for Power & Transportation stock.
ORGANIZATION —Incorporated in December, 1895, to control the
Reading Traction (leased) and Reading & Womelsdorf Electric (stock
owned) roads. Also owns the stock o f the Metropolitan Electrio Co.
In J an., 1899, the Reading Traction Co. was reported to have acquired
control of the Reading & Southwestern Ry.
STOCK AND Bonds—
Date.
Int.
Outstand'g. Maturity.
Stock, $400,000 (par, $50).............................. $403,700 full pd...............
lstM .,ooll. trust, gold, $ 150,0 1896 5 g J -J 149,900
Jan.1,1926
000 (par $100 & $ 1 ,00 0 ).... 5 Trustee, R. E. Title, Ins. & Trust, Phila.
Interest at Co.’s office. Bonds subject to call at par after three years
Road—Operates 48 miles of track (Reading Traction, 31 miles;
Reading & Womelsdorf Eleo., 14 miles) in and between Reading,
Womelsdorf, Black Bear and Stony Creek; Reading & Southwestern,
7 miles. In Jan., 1899, extension from Stony Creek to Friedensburg,
6 miles, reported to be proposed.
Earnings—From Jan. 1 to April 30,1899,$54,478; in 1898, $50,781;
in calendar year 1898, gross, *202,226; $194,170 in 1897; $189,493
in 1896; $188,396 in 1895.
OFFICERS—President, John A. Rigg; Vice-President, R. N. Carson;
gee. and Trea.. M. C. Aulenbach.—V. 61, p. 1014,1118; V. 67, p. 1264;
V. 68, p. 830, 829, 873.
PUEBLO ELECTRIC STREET RAILWAY—
A trolley road.
ORGANIZATION Chartered in September, 1895. Owns entire stock,
$250,000, of the Pueblo Light & Power Co., a consolidation in 1898
o f three electric light plants, whose property is pledged as additional
security for its bonds. V. 67, p. 530, 902. In March, 1899, it was
reported that the Light & Power Co. had been consolidated with the
Electric Street Railway under the name of the Pueblo Traction &
Eleotric Co.—V. 68, p. 475.
PJSt o c K AN D BONDS—
Date. Interest. Outstand'g.
Maturity.
Stock $500,000 (par $100).............................
$500 000
9
Fi^ t “ »^gage, $750,000,) 1895 5 g .J -D
550,000 D ec.'¿i 1925
gold ($1,000 each)........ . ( int. at Am. L. & Tr. Co., Boston, trustee.
Bonds are subject to call after Deo. 2,1900, on four weeks’ notice.
L R o a d —Owns 21 miles of track, all in city o f Pueblo. Rails 35-lb. T .
I* President, M. D. Thatcher; Vice-Pres. and Treas., Andrew McClel67* p 530* 902*^’v °6 8
4756rt; General Manager, John F. Vail.—V.
Q U I N C Y , IL L .
P o pu la t io n 1890 WAS 31,494; IN 1880 WAS 27,26fc
an d in
1870
w as
24.052.
QUINCY HORSE RY- & CARRYING CO.In March, 1899, Judge Allen in the United States District Court for
the Southern District o f Illinois decided that this company, under its
act ofjinoorporation, has an exclusive right to operate a street railway
in Quincy for fifty years from Feb. 11,1865, and he enjoined the J. C.
Hubinger Company from constructing a road under an ordinance
granted bv the City Council.
In Aug., 1898, purchased by a syndicate of Portland. Me., capital,
ists owning the street-oar lines at Joliet, 111—V. 67, p. 372
• S S K w iJ fe t?
D.T :.
I,uer‘ °‘•
"S S rS r
M
M
,y -
1st mortgage, $500 i 1890
5 A-O
140,000
Oot. f . 1910
[beach. . . . . . . . . . . . . . . . ¿Trust s,E. J. Parker, J. F. Carrott Quincv 111
1st consol, M. $550,-S 1898
5g. A-O
$310,000 ’ Oct 1 71918
000, gold............c*. ¿Int. at Portland Trust Co., Portland, Me., Trus.
Interest on first mortgage payable at Quincy (111.) Trust Co.
Of the 5s of 1898, $140,000 will be used to retire the 1st 5s and
$100,000 retained by trustee for future extensions and improvements.
Road —In Oot., 1898, operated 15 miles of track.—V. 67, p. 372 737
OFRCERS—President, W. F. Milliken, Portland, Me.; Vice-Pres
Geo. F. Duncan, Portland, Me.; Sec., W. B. McKinley, Quincv 111'
Treas., Henry B. Cox; Supt., O. C. Rush.
y ^ moy’
C ontrolled by U n ited T r a c tio n Co.
( 1 ) READING TRACTION—A trolley road.
O rganization—Chartered in 1893 to operate the Reading City Pas
senger Railway and East Reading Passenger Railway, which it
•quipped with electricity and leased for 99 years, the former from
April 1,1893, and the latter from May 1,1893. Road leased in Decem
ber, 1895, to the United Traotion at a rental of $10,000 annually for
first three years, $20,000 for next two and $30,000 thereafter. In
Jan., 1899, reported to have acquired control of the Reading & South
western Ry.; reported to have 7*2 miles of track bonded for $65,900.
STOCK & Bonds— Par. Date. Interest. Outstand'g. Maturity.
«took., $1,000,000 au. $50 .........
J-J
$1,000,000
See text.
1stM.,$600,000, g.,gu ( . . . . 1893 6g. J - J
445,000 Jan. 1,1933
Not subject to call 0.* ¿ Trustee is Provident Life & Trust Co., Phila.
Current liabilities July 1,1898, $199,860.
Interest is payable in Philadelphia at Bank of North America and at
banking house of Frederick Narr, 129 South 4th Street, and in Reading.
Bonds—Of the Reading Traction first mortgage bonds for $600,000;
112,000 are reserved to
¿■BASED LINES SECUK’ S. Par. Date. Interest. Outstand'g. Last div., etc
Reading City Pass. Ry.
$50 ........
J - J $350,000
See text.
1889
5 A-O
118,000
Apr., 1909
East Reading Elect. Ry.
Stock, full paid...........
50 ........
J -J
100,000
See text.
Bonds, $25,000.......... .... 1897
5 p. 0.
21,500 July 1,1937
Read. & Temple Elec. Ry.
Stock, $75,000, guar.
........
7 A-O
43,200
See text.
1st mtg., $75,000....... — 1894
5 A-O
43,500 Oot. 1, 1924
Dividends on Leased Line Stocks—The Reading City Passenger stock
to reoeive dividends, 1896 to 1899 inclusive, 10 per oent; 1900 and
hereafter, 12 per oent. East Reading stock receives dividends: 1896.
fc3,500; 1897 to 1900 inclusive, $7,000; thereafter, $8,000.
Earnings—For year ending Deo. 31,1898, gross receipts, $430,956;
net, $170,637; fixed eharges, $166,517; bal., surplus for year, $4,120.
Car mileage, 1,115,198; passengers carried, 4,655,028.
Road- O wned and leased 31 miles of track. V. 64, p. 1 7 7 . The
Reading & Southwestern owned 7 miles.
( 2 ) READING & WOMELSDORF ELECTRIC RAILWAY.
ORGANIZATION, Et c .—Owns 14 miles of track. Controlled through
ownership of stock by the United Traotion Co., which operates the road,
„STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
Stock...................................................................... $500,000 ............... . . . .
1st mortgage, $400,000, $ 1895 5 g. J-J
313,000 Jan. 1,1925
gold, c* ($100, etc.).......... \Trustee, Real Est. Title Ins. & Tr., Phila.
Interest at Reading Trust Co. of Reading, Pa.
Q U IN C Y , M A S S .
R IC H M O N D , V A .
P opulation in 1895 was 20,712; in 1890 was 16,723;
IN 1880 WAS 10,570; AND in 1870 WAS 7,442.
P opu la t io n 1890 w a s 81,338; in 1880 w a s 63,600
QUINCY & BOSTON STREET R
Y-Trolley.
a n d in
1870
w as
51.038.
RICHMOND RAILWAY & ELECTRIC CO.—
(See a d join in g M a p .) Operates an electrio railroad and electrio
lighting plant.
O r g a n iz a t io n — Organized in 1890 by consolidation of three street
railway and three electric-lighting companies. The company occupies
principal streets of Richmond and Manchester, thus furnishing street
railway facilities to over 100,000 people. The company supplies the
entire electric lighting for the two cities, having exclusive contracts
with both municipalities.
The Richmond & Manchester Railway is operated under lease for 99
years from 1893,5 p. c. interest being guaranteed on its $400,000 bonds.
S tock & Bonds .—
Date.
Interest. Outstanding.
Maturity.
Capital stock ($100)....................................... $2,000,000£ d .
istm ortg ., $2,000,000> 1890
5 g. J .-J . 2,000,000
Jiily, 1920
$1’000, Sold.. . . . . . . . 5 Int. at Trustee, Atlantic Trust Co., N. Y. City.
Rich. &Manch. ($1,000) 1893
5 J.-J.
400,000 Julv 1 1933
each)gua., p. & i.,end. <Int. at Trustee, Atlantic Trust Co., N. y ’. City
The Rich. Ry. & Eleo. mortgage, it is stated, covers in addition to the
electric-lighting plant about 44 miles of track, the remaining 36 mllee
of the system being controlled in the company's interest.
R A C IN E , W 1S .
E a r n in g s — For year ending Deo. 31:
P o pu la t io n 1890 w a s 21,014-, in 1880 w a s 16,031;
_. . _
Rich. Ry. <t Elec. Go.
Rich. Ry, < Elec. Oo9 and allied lines:
&
AND in 1870 w a s 9,880.
„
.
1838.
1897.
1898.
1897.
BELLE CITY ELECTR.IC CO.— tro y r a . Gross earnings .........
A
lle o d
$414,251 $413,309 $477,541 $475,851
This property was in 1899 acquired by the Milwaukee Electric Rail, Net from operation........ .
186,353
162,969 201.854 166 811
11,159
13 538
13 280
way & Light Co., which see.—V. 68, p. 619.
" I Insurance and taxes.............. 11,624
Net income......................
174,729
151,810 188,316 153,531
Is one of the roads in the combination known as the Massachusetts
Electrical Companies. See statement of the latter under Lawrence
Mass. Stock was bought at $150 per share.—V. 68, p. 928.
’
O rganization .—In May, 1899, consolidation was being arranged
with Braintree Street Railway. After consolidation stock will be
$583,000; par $100. Notes payable, $215,000; bonds of Braintree
Street Railway, $35,000.
Road—Owns 30-34 miles of track. Extension to Weymouth Landing
operated from July, 1898. Dividends in year 1894-95 were 6 nef
oent; in 1895-96,7 per oent; in 1896-97, 7 per cent; in 1897-98,7 p.^ct.
EARNINGS—For years ending Sept. 30 earnings have been:
,
* Gr<>ss.
Net.
Int., taxes, Ac. Divide.
Rat
1897-98........$135,728
$48,113
$ i l 819
m im q
391282
b’ ot
J
• g jS !
$t ’< ^
1896-97........ 118,395
Total surplus Oot. 1,1898, $50,000.
Pres., John R. Graham; Sec. and Treas., Fred H. Smith—V 6 8 t>
724,928.
'
‘
,e '
STREET
79 ^
RAILWAYS.
EQUIPMENT—The equipment includes 112 cars.
OFFICERS—President, Dr. JohnP.Munn; Vice-Presidentand Treasurer,
G. E. Fisher; Secretary, F. J. Craigie, Richmond, Va.; Asst. Secretary,
Donald B. Toucey, New York City. New York office, 37 and 39 Wall St.
- V . 66, p. 1238.
RICHMOND TRACTION C O —(See M ap on pa ge
7 7 .)—An electric road.
ORGANIZATION-Incorporated Aug., 1895. First division of road opened
for business June 20,’ 96. Operation of entire system commenced Apr.10,
1897. This company operates a douole-track electric line the full
length o f Broad Street, one of the principal thoroughfares of the city of
Richmond; also several branches radiating into different thickly pop
ulated sections o f the city.
The tracks o f the company within the oity are laid with 95-lb. steel
girder rails on white oak cross-ties and for a considerable portion of the
■distance embedded in concrete, and along streets paved with granite
blocks. The lines in the suburbs are laid with 60-lb. steel T rails. Com
pany owns its power house, brick and steel car house, etc. Population
o f Richmond and suburbs, including Manchester, estimated at 115,000.
S tock & Bonds—
Date. Interest.
Outstand’g. Maturity
Stock, $600.000..........($ 1 0 0 ).............................
(1)
............
IstM .,$500,000,g.,c*($l,000) 1895 5 g.J-J
500,000 N’v 1,1925
(Sub), to call 105 after July 1,1900.) Trustee, Maryland Tr. Co., Balt.
Interest payable at Maryland Trust Co., Baltimore, or banking house
o f John L. Williams & Sons, Richmond.
Mortgage covers entire property and franchises, also power house,
car barn, etc. Sinking fund of 1U p. o. annually o f all bonds issued
begins July 1,1900.
The stockholders voted on Jan. 19,1899, to inorease the stock from
$300,000 to $600,000.
ROAD—Total track is l e ^ miles. Equipment 33 open cars, double
‘ G. E. 1,000” motors, 5 open trailers and 24 closed oars; total 62 oars.
Earnings—Fiscal year ending Sept. 30,1898, gross, $142,272; oper
ating expenses, including accident reserve, $88,735; net earnings,
$53,537; interest and taxes, $38,606; surplus, $14,931. For 1896-7,
gross, $124,505; net, $38,730; interest and taxes, $31,126; sumlus,
$7,604.
OFFICERS—President, E. R. Williams; Vioe-Pres’t, W. M. Habliston;
Supt., Edw. J. Willis; Sec., EverettJWaddey; Treas., R. L. Williams.—
V. 61, p. 472, 831, 1179; V. 64, p. 1043.
LATEST Earnings—For nine months ending March 31 :
Net.
Other inc. Int. < taxes. Bal., sur.
&
9 months—
Gross.
$56,689
1898-9................ $641,256 $272,820 $5,611 $221,742
241,638
8,079
223,145
26,572
1897-8............... 597,536
1898.
1897.
F reud . June30. 1898.
1897.
C$244,866
Gross earnings.$786,694 $806,104 Int. on bonds )
51,109
N et..................... 310,624 265,147 T axes..........>$291,022 <
C
5,048
Other incom e... 10,439
8,006 Rentals.......)
Net income ..$321,063 $273,153
Balance.. sur.$30,041 df.$27,870
GENERAL BALANCE SHEET JUNE 30, 1898.
Assets.
Dost of road...........
)
Cost of equipm ent.... 5 $9,882,845
Stocks of other comp’s.
167,500
12,920
Supplies on hand..........
31,445
Cash.................................
10,132
Open accounts, etc.......
Liabilities.
Capital stock............... ..$5,000,000
Funded debt.................. 4,501,200
Bills payable,.................
255,160
Open accounts, etc.......
155,347
Accrued int., taxes, etc.
61,441
Profit and loss, surplus. 141,694
Total..........................$10,114,842
Total........................ .$10,114,842
OFFICERS.—President (Aug., 1898), Frederick Cook; Vice-President,
and Gen. Man., T. J. N ie lu ll; Secretary, G. G. Morehouse; Treas
urer, Frederic P. Allen. INDEX- V. 67, p. 690, 9 5 1 ; V. 68, p. 826.
ROCHESTER CHARLOTTE & MANITOU—
S tock & B o n d s — Capital stock, $100,000, of which $97,500 is
issued. Bonds, $82,000, first mortgage, gold, 5 per cent; interest pay
able annually on Deo. 1st. Dated Deo. 1st, 1895; due Deo. 1st, 1925.
Issued, $81,250. Trustee, Security Trust Co., Rochester, N. Y.
R o a d — From Charlotte (suburban town and resort of Rochester, on
Lake Ontario,) to Manitou Beach, on Lake Ontario, 7*75 miles.
Earnings.—Y ear ending June 30,1898, gross, $11,656; net, $4,268;
charges; $4,772. 1897, gross, $10,296; net, $884; charges, $5,113.
OFFICERS—President, Michael Doyle; Chairman, Lewis W arfield,
54 Wall Street, New York City.
ROCHESTER & SODUS BAY RAILWAY—
O rganization—Organized in 1898, with authorized capital o f
$1,000,000, to build an electric railroad from Sodus Point, Wayne
County, on Lake Ontario, to the city of Rochester, about 42 miles.
Rights o f way, it is said, have been secured. Permission to build the
road was granted by the RR. Commissioners on Jan. 25,1899. No
arrangements to finance the road had been made on Feb. 1, 1899.
OFFICERS— T. J. Nicholl, President; John H. Gregory, Treasurer;
Charles Van Voorhis, Secretary.
ROANOKE, V A .
R O C K F O R D , ILL.
P opu lat io n 1890 w a s 16,159 an d in 1880 w a s 669,
P o pu latio n 1890 w a s 23,584; in 1880 w a s 13,129;
an d in 1870 w a s 11,049.
ROANOKE STREET RAIL WAY.— tro y r a .
A
lle o d
ROCKFORD RY. LIGHT & POWER CO.P p la n o R a o e e tim1897 in20,000.
o u tio f o n k s
a da
te
t
STOCK < Bonds—
fe
Date. Interest. Oulsland'g Maturity.
Com. stock ($500,000 auth’ d). .......................... $350,000 ...................
Pref. stock ($150,000 auth.) >
t a g nno
’
.................. .
6 per cent cumulative___. > ...........................
1st M. $500,000, gold, $100) 1892 6g.M -N
350,000 May 1,1922
and$500,notsub).tocall.o* 5 Trustee, Fidelity I. Tr. & S. L . Co.,Phila.
>
R e c e iv e r s h ip .— In February, 1898, D. W. Flickwir was appointed
receiver preparatory to consolidation with Roanoke Elec. L. & P. Co.
Reorganization agreed upon and road to be sold Aug. 1,1899.
R o a d —Operates 14 miles of road in city of Roanoke, extending also
8 miles to Salem, Va.; total track, 22*2 miles.
Latest E a r n in g s — Jan. 1 to Aug. 31, 8 months, gross, $23,130 in
1897; $27,590 in 1896; $23,979 in 1895.
OFFICERS— President, H . S. Trout; Vice-President. T . T. Fishburn;
Treasurer, S. W. Jamison; Secretary, Geo. C. McCahan.
O r g a n iz a t io n — The Rockford Citv Ry. was chartered Jan. 20,1890,
and name changed as above in 1898. In Nov., 1898, the Rockford
Traction Co. was consolidated after foreclosure.—V. 67, p. 321,1056.
S tock & Bonds—
Date. Interest. Outstanding. Maturity.
...............
Stock, $350,000..!.........................................
$350,000
1st mortgage.................... 1890
6 M-N
150,000 May 1,1910
New mort., g., $300,000. 1898
t5g.
(1)
1918
Trustee of first mortgage is the Northern Trust Co. of Chicago, 111.
BONDS—Of the new 5s of 1898 $150,000 are reserved to retire 6s.
R o a d — 22 miles of trolley. Extensions reported proposed in 1899.
O f f ic e r s — Pres., R. N. Baylis; Sec , F. W. McAssey; Treas., W. F.
Woodruff; Gen. Man. and Purch. Agent, T. M. Ellis. DIRECTORS—R.
N. Bay lies, Gilbert Woodruff, H. W. Price, G. W. Wattles and John
Farson.—V 67, p. 127, 321,1056.
R O C H E S T E R , N. Y .
P o pu la t io n 1890 w a s 8,174; in 1880 w a s 7,599;
P o pu latio n 1890 w a s 133,896; in 1880 w a s 89,366;
AND IN 1870 WAS 62,386.
ROCHESTER RAILWA'V'—A trolley road
In April, 1899, it was reported that the Cuyler-Morgan syndicate
had secured an option on the stock, and that the same syndicate was
arranging to connect Rochester with Lewiston, N. Y. (70 miles), and
hence with Buffalo.
O r g a n iz a t io n — Chartered Feb. 25, 1890. Operates about 80 miles
o f track i u city of Rochester, with extension to Ontario Beach, 8 miles,
and to Windsor Beach, 9 miles. The Rochester Electric Railway was
leased in September, 1894, at a rental said to be 8 per cent on $200,000 stock, and whenever gross receipts exceed $55,000 one-quarter of
such excess. The Rochester & Irondequoit was leased for 10 years at
an annual rental of $8,000; see that company under Irondequoit.
STOCKS & Bonds
Date. Interest. Outstanding. Maturity.
Capital stock ($100).....................
. . . . $5,000,000
..................
Roch. C’y & Brighton 2d>1882 6
J -J
500,000 Jan. 1,1902
M., now 1st M. ($500)... 5 Int. at Flour City Nat. Bank, Rochester.
Roch. CPy & B. 3d M., now J 1889 6 A -O
175,000 Apr. 1,1919
2d M. ($500)....................)
Interest at Rochester Tr. & S. D. Co.
_ iiaat.i. t>_ Ortnani tw C 1890 5 g. A -O
*
2,200,000 Apr. 1,1930
^ o o o !o ^ $ i,o o o )g .^ * ^
at Cuyler’ Morgan & Co” New York
2d M., $1,500,000, g.\ 1893 5 g. J -D
1,188,200 Deo. 1,1933
($1,000 each)........ o* > Interest is payable at Security Tr. Co., Rooh.
Debentures, gold........ )
1891 6 g. M - 8
250,000 Moh. 1,1911
($500 each.) ............. >
Subject to call after Mar.1,1901.
Collateral trust n otes) 1897 6 M -S
182,000 Mar. 1,1905
($1.000)...................i Interest at Security Trust, Rochester.
Consolidated mortgage of 1890 and second mortgage cover all present
and future property of the company, and the bonds are to have their
principal and interest paid without deduction for any tax payable by
the company under any law of the United States or New York State,
and imposed upon the bond for national. State or municipal purposes.
Of the consols $1,000,000 are reserved to retire underlying bonds of
the Rochester City & B. RR. and of the second mortgage 5s $750,000
were reserved to retire the $600,000 of debentures, of which $250,000
sttU outstanding in October. 1897.
Road leased—
Miles.
R oad—Owned J’ne 30, ’98. Miles.
Main line, trolley....................46*05 Rochester Electric................. 4*63
do
do
2d track...4*13
Second track...........................34*68
Sidings...................
1*80 Rochester & Irondequoit....... 4*47
do
2d track & siding 4*57
Total oper. J une 30,’98....100*33
Weignt o f rails, 40 to 100 pounds.
R O C K L A N D , M E.
and in
1870
was
7,074.
R O C K L A N D TH O M A ST O N & C A M D E N
ST R E E T R A I L W A Y .— electric road.
An
STOCK & BONDS—
Date. Interest. Outst’d’g,
Maturity,
Stock ($100) ($300,000 a u th .)......................... $250,000 .....................
i +™ V i o J L ,
5 1892 5 J - J
250,000 May 1,1922
1st M. ($250,000)................. £ Interest at Nat. Exchange Bank, Boston.
Loans & bills pay. July 1,’ 98...............................
25,000 .....................
Road Operates about 16*3 miles of track from Thomaston through
Rockland and Rookport to Camden.
Year* ending June 30. Gross.
Net.
Int. and taxes. Bal..snr,
1898 ............. .................. $68,223
$25,436
$14,132
$11.304
1897.................................. 66,782
25,693
14,457
11,235
OFFICERS— President, G. E. Maoomber; Secretary, H. M. Heath;
Treasurer, A. D. Bird; Supt. and Purch. Agt., Thomas Hawken.
ROME
GA.
P o pu la t io n 1890 w a s 6,957; in 1880 w a s 3,877;
AND IN 1870 WAS 2.748.
CITY E L E C T R IC R A I L W A Y — trolley road.
A
O rganization—Chartered in 1894 as successor to the Rome Street
Railway, which was sold in foreclosure July 5, 1895.
S t o c k & B o n d s—
Date. Interest.
OutsVd'g.
Maturity.
Stock, $60,000, par $100................................ $57,000 f.p .........................
1st mortg., $100,000, g o ld ) 1894 g. A - O 100.000
Oct. 1,1914
$1,000, not subj. to call. 5 Int. at Am. Sec. & Tr. Co.,Washington, D. O.
Bonds—On Jan. 1,1899, $3,000 stock was in the treasury. On Deo*
31,1898, $ 100,000 bonds were held by stockholders of company.
Road - Owns 6I5 miles of track (of which l i Bbuilt in 1897, funds
being contributed by bondholders), laid with 35 and 45-lb. T rails.
L atest Earnings—3 m os.) 1899........ gross, $4,793
def.......... $13
Jan7l to Maroh 31.
i 1898........ .gross, 4,653
def.......... 121
For year ending Deo. 31, 1898, gross, $23,511; net, $1,730. In
1897, gross, $23,021; net, $4,667. In 1896, gross, $21,083.
Pres., Seymour Cunningham; Gen. Man. ana Treas., J. B. Marvin.
R O M E * N. Y .
P opu la t io n 1890 w a s 14,991; in 1880 w a s 12,194;
an d IN 1870 w a s 11,000.
R O M E C ITY S T R E E T R A I L W A Y — horse road
A
In March, 1899, arrangements were in progress for operation by com '
pressed air motors, and stockholders voted to increase stock from
$50,000 to $150,000.
Stock ($50,000)p a r$100..$50,000
EARNINGS—Year ending June 30,
Road—Owns 6-7 miles track.
1897-8. 1896-7. 1895-6.
O fficer» —
President, J. S. Ward- G ross.... $4,986 $4,861 $6,115
well; Secretary and Treasurer, W. Net..........loss 848 loss 470 loss 443
P. Rayland.
P .& L ....d f.l,6 9 9 d f.982
512
— V. 68, p. 674.
RUTLAND,
VT.
P opu la t io n 1890 w a s 8,239; an d in 1880 w a s 7,502.
RUTLAND STREET R A I L W A Y . —A trolley road
O rg an ization .—In 1894 rebuilt the line as a trolley road and newly
equipped it throughout. Stock authorized, $150,000; issued, $125,000,
1st mortgage, 1 894,6s, M. & S., authorized, $100,000; Issued, $81,600;
Operates 8 miles of road on 8 miles of street. Pres. J. W. Cram ton »-
S A C O , M E.
P opu la t io n 1890 w a s 6,075; in 1880 w a s 6,389.
SACO RIVER ELECTRIC R R . —To be trolley.
O rganization .—Incorporated to construct a road from Saco to
Bonney Eagle, Me. Population to be served estimated about 30,600.
In Feb., 1899, contract let; road to be completed about July, 1899.
Company also petitioned to enter Biddeford, but petition denied. To
carry passengers, freight and express.
STOCK and Bonds—
Date.
Interest. Outstanding. Maturity.
Stook, $250,000, par $100
___
___ $100,000
1st M.,¿.,$200,000 ($1,000 ) 1898 5 g. F - A
(1)
Feb. 1,192*
ea.); B. f. after 1904... o' Jlnt. at Mass. L. & T Co.,Boston, Trustee.
OFFICERS.—President, E. F. Walker, Philadelphia, Pa.; Clerk, Charles
Butler; West Buxton, Me—V. 66, p. 710; V. 67, p. 321.
SA C R AM EN TO , CAL.
P opu la t io n 1895 w a s 35,000; in 1890 w a s 26,386; in 1880 w a s
21,420; AND in 1870 w a s 16,283.
SACRAMENTO ELECTRIC GAS & RY.—
O rganization—Incorporated April 4,1896. A consolidation o f the
Sacramento Electric Power & Light and the Folsom Water Power Co.
The water power is obtained from Folsom, 24 miles from Saoramento. In 1899 also made a contract with the Yuba Electric Power
Co. for the exclusive use of 5,000 h.p. of power. The total cost of the
property (including the railway, hydraulic works, lighting plants
parks, etc.), was to Jan. 31,1899, $2,873,271.
STOCK & Bonds— Miles. Date. Interest. Outst'd'g.
Maturity
Sttc.,$2,500,000 ($100) .................................. $1,500,000 ...........
Central El. By. 1 st) 16 1892 6g. J - D 265,000 June 1, 1912
^ 0 0 ,0 0 0 , g., >
„ ($25,000 due yearly) to June 1, 1921
$1,000 & $ 5 0 0 ....c* ) Int. at Cal. 8. D. & Tr. Co., San Fran., Trustee.
Consol, mort., $2,500,-) . . . . 1897 5 M-N 2,070,000 Nov. 1,1927
000 ($1,000)............... 5 Int. at Cal. S. D. & Tr. Co., San Fran., Trustee,
Bonds—Of the $2,500,000 bonds authorized, $265,000 are reserved
for the Central Electric By. hrsts, and a portion was used for the re
tirement o f the $1,650,000 6s of 1896.—V. 65, p. 977.
R o a d — The railway system extends 1 6 ^ miles with 24Lj miles of
«ingle track. It covers the entire city and has valuable franchises
running 50 years and giving practical control of transportation in the
city. East Park and Oak Park are owned.
E a r n in g s — Year ending Jan. 31,1899 (railway department only),
gross, $153,867; net, $57,014.
^ O fficers—Pres., L. P. D rexler; V.-P. and Gen. Man., Albert Gallatin
Secretary, Albert Gallatin, Jr.; Treasurer, California State Bank.
Sacramento, Cal.—Y. 65, p. 278, 977.
^
S A G I N A W , M ICH .
P opu la t io n 1890 w a s 46,169; in 1880 w a s 29,541;
AND in 1870 WAS 20.685.
S A G IN A W V A L L E Y T R A C T IO N —A trolley road.
O rganization—Incorporated Jan. 7,1899, as a consolidation, per
plan in Y. 67, p. 1111, of the Union Street By. and the Saginaw Con
solidated Street By. (both foreclosed Oct. 15,1898) and the Inter
Urban By. V. 68. p. 233.
S tock & Bonds—
Date. Interest. Outstanding. Maturity
Common stock, $700,000,
v
y
par, $100................................ ........................
$700,000
Pref. stock, 5 p. o. cum., j
$400,000; par. $100; > .........................
400,000
pref. as to assets & d iv .)
..........
1st mort. $850,000 g old ,) 1899
5 g. F&A
680,000 Feb 1 1924,
$1,000 eaoh....................j Int. at Boston Safe Dep. & Tr. Co., trustee.
BONDS— Of the 1st 5s $170,000 are reserved for extensions and
improvements.
Road—Owns and operates 40 miles of track, including line from
Saginaw to Bay City, and all eleotrio railroads in Saginaw. The Inter
Urban line to Bay City inoludes 11 miles owned and three miles op
erated under contract; also 5 miles of private right of way and
bridge across the Saginaw River costing $60,000.
_ O fficers—President, Homer Loring, 53 State 8t., Boston. Mass
Treasurer, Frrnk D. Ewen; Secretary, Charles S. Smith; Executive
Committee, Thomas A. Harvey, Chairman; Geo. B. Morley and Gil
b e r t M. Stark, all of Saginaw, Mich. V. 67, p. 1111; V. 68, pf233.
IN T E R U R B A N R Y 1 C
onsolidatedin
Jan.,
U N IO N S T R E E T R Y .11899, as Saginaw
S A G IN A W CONSOL. ST- R Y .-J S above! C
o-’w io 1
h 1
S A G IN A W S U B U R B A N RY.-To be a trolley road.
O rganization—Chartered in 1898. To extend from Bay City to
Flint, about 52 miles, via West Bay City, Saginaw, Frankenmuth, Clio,
Penn Run and Mt. Morris. In Sept., 1898, oontract was reported’ to be
let and construction begun. President, A. H. Swarthout, Saginaw
Mich.
ST. J O S E P H , M IC H .
P o pu la t io n in 1898 ( estim a ted ), 5,000; 1890 w a s 4,826;
in 1880
w as
3,550;
an d in
1870
w as
2,994.
ST. JOSEPH & B E N T O N H A R B O R ST R E E T
R A IL W A Y C o -
O rganization—Chartered in 1884. Stock, $100,000. First mort.
gold 6s, J&J, $200,000, dated July 1,1893, due July 1, 1912, interest
payable J -J , at 111. Trust & Savings Bank, Chioago, Trustee. Oper
ates 8 miles of trolley track on 5 ^ miles of street. For year ending
Deo. 31,1898, gross railway and light earnings, $55,691; net. $20,436;
nt., $11,703; bal., $8,733, charged off for depredation.—V. 66, p. 1090.
Pres., W. Worth Bean; 8eo., W. H. Hull.
ST.
JOSEPH,
MO.
P o pu latio n 1890 w a s 52,324; in 1880 w a s 32,431;
and in
1870
w as
19,565.
ST. JOSEPH R A I L W A Y L IG H T H E A T
POWER.-Owns in all 33 m
iles of track.
&
O rganization—Incorporated in 1895 tosu coeedto the property of
the St. Joseph Traction & Lighting Company, sold in foreclosure Aug
21, and purchased for the bondholders for $300,000. The new co n.
pany has an authorized capital stook of $3,500,000, of which $2,000,
000 is preferred, and assumes $100,000 Wyatt Park bonds; 33 mile«
track.
OFFICERS—President. E. H. Harriman, New York City; Secretary
and Treas., H. A. Schenok; Gen. Man., W. T. Van Brunt.—V. 61, p.926
S T . L O U IS , M O .
P o pu lation 1890 w a s 451,770; in 1880 w a s 350,518;
AND IN 1870 WAS 310,864.
F O U R T H ST R E E T & A R S E N A L RY.-Trolley.
ORGANIZATION—Opened in June, 1896. Operation discontinued
early in 1897.
Sold in foreclosure on Sept. 20,1898, to John H. Overall, attorney
for the Central Traction Co. V. 67, p. 634.
Road—O ned4Lj m
w
iles of track and leases (for years) traokage
40
over P
eople’s
By., 2 m
iles, at annual rental of $6,000.
OFFICERS—Pres., Chas. Green; Sec., Chas. J. Maguire, V. 65, p. I l l ;
V. 67, p. 634, 789.
CENTRAL TRACTION CO-Tobe a trolley road.
ORGANIZATION— Incorporated in 1898.
Obtained franchise April 13,
1898, which was accepted by the Company in June, 1898, and bond
given for $250,000 signed by the Mississippi Valley Trust Co. o f St.
Louis, to guarantee the carrying out o f its provisions. Stockholders
on July 30,1898, voted to increase stock from $100,000 to $5,000,000.
An issue of $5,000,000 bonds, it was understood, would soon be au
thorized. V. 67, p. 176, 273. Franchise sold, together withLindell and
Missouri Co. stocks, to Brown Bros, syndicate In March, 1899, it was
voted to begin building at once. President, B. M. Snyder, New York;
Seo’y, John H. Blessing, St. Louis, Mo. V. 67, p. 176, 273, 789.
JEFFERSON AVENUE R Y . - A n electric road.
STOCK & Bonds—
Date. Interest. Outstand'a. Last div., etc.
$112,000 Dee., 1888,2%
Stook $400,000 ($100)..................................
Mortgage $400,000.......... 1895 5 M-N
320,000
1905
R o a d — Operates 6 miles of track.
O p e r a t io n s — Following is the number of passengers carried:
1stquar.
2d quar.
3dquar.
4thquar.
Total year.
1 8 9 9 ........ 426,074
.................................
1898 .......... 414,435
446,139
443,058
457,567
1,761.199
1897 ...... 392,057
463,176
449,365
449,580
1,754,178
OFFICERS— President, Edwards Whitaker; Secretary, W . D . Henry.
LINDELL RAILWAY— eleotrio road.
An
O rganization—I ncorporated January 24,1864. Owns and operates
an extensive system of roads in St. Louis and vicinity. Its road
owned was opened in December, 1890. In addition it controls Comp
ton Heights Union Depot < Merchants’ Ter. By., and Taylor Ave. RR.
k
Con so lid atio n o f St . L o u is B o ad s .—In May, 1898, bills were pend
ing before Municipal Assembly granting permission to absorb the
Missouri RR. and providing for extension of latter to Forest Park and
a number of loops connecting the two systems downtown. The Mid
land Eleotrio Railway (running six miles into the country), and the
Clayton & Delmar BR. (opened in June, 1897,) were also purchased.
In Feb., 1899, a syndicate headed by Brown Bros, of New York had
purchased nearly all the stook at $174 a share, also nearly all the
stook of the Missouri BB. the rights and franchises of the Central
Traction Co., and all the stock of the Union Depot By.—V. 67, p. 1207;
V. 68, p. 333.
STOCK & Bonds—
Date. Interest. Outstand'g. Maturity.
Capital stock ($100* auth-)
- ~ T
tt.0 ,
„„„ „
orized, $2,500,000..........J ----5 Q -J
$2,400,000 See text
1st M., $1,500,000---- o*&r > 1891 5 g. F-A
1,500,000 Aug. 1,1911
gold, $1,000 eaoh.......... s Interest payable in New York and St. Louis.
Guaranteed (p. & 1.) endorsed.
Compton H. U. D. < M. T. > 1893 6 g . J-J
fe
1,000,000 July 1, 1913
1st mort., gold........... o* SInterest payable in New York and St. Louis.
Taylor Ave. RR. 1st M., g. 1893 6 g. J-J
500,000 July 1, 1913
In July, 1897, capital stook for $100,000 was in company’s treasury
as also $1,000,000 stook o f Compton H’gts and $500,000TaylorCo. By.
Mortgage Trustee is the 8t. Louis Trust Co. o f St. Louis.
In April, 1899, stockholders authorized an increase in the stook from
$2,500,000 to $10,000,000, one half of this to be 5 per cent preferred.
A new mortgage for $10,060,000 was also created.
D iv id e n d s — In 1895 paid 5 p.o.; in 1896, 5 p.o.; in 1897,5 p. o.; in
1898,5 p. e.; in 1899, Jan„ 1*4 p, o.; Apr., It* p. c.
R o a d .— Operates 60*10 miles single track in St. Louis and vicinity,
including the Oompton Heights Union Depot < Merchants? Terminal
&
Ry., 12*10 miles in length, and the Taylor Avenue road, 9*20 miles. In
Nov., 1898, various extensions were to be made at once.
E a r n in g s .—The following gives the number of passengers carried:
Tear— Passengers. I Quarters.
1899.
1898.
1897.
1898 ........... 22,608,9001 4th
................
5,781,494 5,454,166
1897...........21,342,22013d
......................
6,063,063
5,764.981
1896...........21,535,251
2d .................
5,813,940
5,613,574
1895...........20,237,5991
1st 5,123,125
4,950,403 4,509,499
—V. 65, p. 69; V. 67, p. 1207; V. 68, p. 333, 381, 428, 673.
MISSOURI RAILROAD
—Cable and electric.
Consolidation with the Lindell Railway and extension o f Olive Street
cable line to Forest Park has been proposed. In Deo., 1898, a syndl
STREET RAILWAYS.
81
«ate headed by Brown Bros, of New York had acquired nearly all the
Road—Owns 14-67 miles of track (cable) and 4-95 miles o f trolley
Stock at $192 per share; also nearly all the stock of the Missouri RR., road. Also controls Baden & St. Louis RR., 6-7 miles.
the rights and franchises of the Central Traction Co. and all the stock
O p e r a t io n s — Following is the number of passengers carried during
o f the Union Depot Ry. - V. 67, p. 1207.
each of the quarters of the calendar years, including since sometime in
_ STOCK & Bonds— Date. Interest.
Outstand’g.
Maturity.}
1895 the Baden & St. Louis RR. and the Southwestern Eleotrio Ry.
8tk ($2,400,000) ($100) .........
Q .-J .
$2,300,000
See text
1st quar.
2d quar.
3d quar. 4<A quar. Tot.foryear.
1 s tm tg.,$1,000,000.6* 1896 5 1 1 - 8 .
700,000
1901-1916
1899
2 679 197
_ _ ,
Subject to call in 1901 at 105.
1898.".!
2^721^763 3,058,986 3,035,774 3,021,194 1^83^717
For Park. Laclede A v .>
_
1897...............2,587,798 2,995,121 3,005,293 2,995,008 11,583,220
1900
& 4th St. bonds........\ .........
7 P- c92,000
(5) SOUTHWESTERN RAILWAY—A trolley road.
Dividends 1894 and 1895, 8 p. c. each; in 1896,7 p. c.; in 1897,6 p . o ;
O rganization—Commenced operations Sept. 1,1895. Capital stock»
in 1898,6 p. c . ; in 1899, Jan., 1*2 p. c.; Apr., I 1 p. c.
«
$100,000. Reported no bonds issued to May, 1898.
ROAD— In May, 1898, controlled about 2o-82 miles, including Mis
sour! RR. (cable), 18’98; Forest Park & Laolede (Elec.), leased, 6*84.
R o a d —Line is 11-19 miles long.
OPERATIONS —The following gives the number of passengers carried.
Power is obtained from the power-house of the Cass Avenue & Fair
___
1st guar. 2d quar.
3d quar. 4f A quar. Total Tear. Grounds Railway. Operations included in St. Louis RR. reports.
1899............. 3,674,719 ........................ ................... .
PEOPLE’S RAILWAY.— cable road.
A
1898.............. 3,556,394 3,906,201
3,579,000 4,041,428 15,183.023
RECEIVERSHIP —On April 25, 1898, Frederick B. Brownell was ap*
1897.............. 3,520,588 3,900.007
3,546,455 4,037,282 15,004*332
_ OFFICERS—President, Edwards Whitaker; Vice-President, C. D. Me- pointed receiver in place of Charles Green, removed by the Court.
Lure.—V. 64. p. 800; V. 65, p. 69; V. 68, p. 824.
Sold for $500,000 on Feb. 9,1899, under third mortgage to August
Gehner, representing the third mortgage bondholders’ committee»
NATIONAL RAILWAY Co O rganization—Organized in 1889 under the laws of Illinois. It consisting of himself, L. M. Rumsey and Charles Parsons.—V. 68, p. 332.
controls the following street railroads of St. Louis, Mo.: Northern Third mortgage bondholders in April, 1899, sold their bonds to
Central, Cass Avenue & Fair Grounds, Union Railroad, Citizens’ Cable, Brown Bros, getting 92*3. Reorganization pending.—V. 68. p. 773.
STOCK & Bonds
Date. Interest. Outstand’g. LastD iv’d, etc.
Baden & St. Louis, Southwestern Eleotrio and the Sfc. Louis Railroad. Stook ($1,000,000) —
($50)................................. $300,000 Deo. 1889,50o.
In Dec., 1898, C. H. Spencer, C. H. Orthwein and the other largest 1 at Tnm
*t<rn<rA
5 1882 to call- D 125,000
6 J
1892-1902
after 1892.
stockholders o f the Southern Eleotrio Ry. purchased the stock of the is t mortgage..................... } Subject
2nd mortgage....................... 1886 7 M-N 75,000
1902
National Ry. V. 67, p. 1207, 1263. Municipal Assembly has given Consol, mort. ($1,000,000).. 1889 6 J - J
800,000
1899-1904
permission to consolidate the two companies and to change motive
Interest due July, 1896, and since on consol, is in default.
power on Broadway line from cable to electricity.—V. 68, p. 620.
Road—Operates 10 miles of cable road.
STOCK & BONDS—
Date. Interest. Outstanding. Last div.,eti.
O perations—Following is the number of passengers carried:
Stock,$ 2 ,500,000...................... 6q.-J. 10 $2,479,500 Apr. 1,'’99,Ha««,
l« f quar. 2d quar.
3d quar. 4th quar. Tot. year.
Bonds—See controlled lines below.
1899................ 795,448
..................... . . .................... .................. .
.
D ividends—Dividends in 1896, 6 per cent; in 1897, 6 per cent; in 1898................ 812,461
900,817
884,328
901,454 3,499,060
1898, Jan., 1*2 p 0.; Apr., 1 ^ p. c.; July, 1 ^ p. c.; Oct., 1*2 p. c . ; in 1897................ 815,854
906,217
902,630
909,024 3,533,725
1899, Jan., 1*2 p. o.; in Apr., 1 p. c.
- V 67, p 789,1004; V. 68, p. 332, 673, 773.
ROAD— Operates 70 miles of street railway In St. Louis.
ST. LOUIS & BELLEVILLE ELECTRIC RY<—
A nnual REPORT-Report for the year ending Dec. 31, 1897, was
given in V. 66, p. 284, showing earnings as follows for the properties A trolley road. Double track railway between Belleville and East St.
Louis, 23 miles, completed in Feb., 1899. Stock increased in Jan., 1898»
controlled, and the proportion due National Ry. Co.
from $50,000 to $500,000.—V. 66, p. 83. In May, 1898, made a m ort
Tears ending Dec. 31—
1897.
1896.
1895.
Entire System—
gage to secure $500,000 5 p. c. 40-year gold bonds ($500 and $1,000
$1,467,976 $1,522,273 $1,403,957 each). Breckinridge Jones, Vioe-Pres. Mississippi Valley Trust Co.
588,037
628,755
582,642
366,746
377,413
366,587 Trustee. President, John A. Day; Secretary, Charles Sutter.
221,291
251,342
216,055
National BailwayST.LOUIS BELLEVILLE & SUBURBAN RY.
Nat. Ry., proport
189,929
209,092
179,141
O rganization —Formed in 1897 and built 1 2 ^ miles of single
Other income_
_
19,565
19,565
19,565
track ; to be doubled at once, making 25 miles of single track. Road
$209,494
$228,657
$198,706 opened May 1 5 , 1898 ; rails (60 lb.) Connects with St. Louis & East
Dividends National Railway_
_
148,770
148,770
148,770 St. Louis at Eads Bridge. Runs between East St. Louis and Belleville.
$60,724
$79,887
$49,936 Capital stock, $350,000. First mortgage (St. Louis Trust Co., trustee),
O fficers—President, C. H. Spencer; Vioe-Pres., W. J Orthwein; $350,000, 6 p. c. gold bonds, $1,000 each, dated Jan. 1,1897, due 1919,
Secretary,C. N. Duffy; Gen. Man., Robert McCulloch, office. East St. J-J. St. Louis Trust Co., Trustee. Subject to oall at par after 1907.
Louis.Ill. V. 64, p 2 8 4 ; >. 66, p. 2 8 4 ; V. 67, p. 1207,1263; V. 68, President, F. F. Espenscheid; Secretary, George F. Townsend.
p. 620.
Companies Controlled by National Railway Co.
( 1 ) BADEN & ST. LOUIS RAILROAD—A trolley road.
ORGANIZATION— Controlled by St. Louis RR. Co.
STOCK & Bonds
Par. Date. Interest. Outstand'g. Maturity.
Btook........................... $50 ..........................
$50,000 .....................
1st mortgage gold.... < ---- 1893 5g. J - J
250,000 July 1,1913
/Trustee, Northern Trust Co., Chicago, ill.
ROAD— 6*7 m . o f track. Operations Included in St. Louis RR. reports.
( 2 ) CASS AVENUE FAIR GROUNDS RAILWAY—A trolley road.
ORGANIZATION.— Controlled by the National Railway Co.
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
Stock ($100)..................................................... $2,500,000 .................
.
1st mortgage, $2,000,000,) 1892 5 g. J-J 1,901,000
July 1,1912
gold, $1,000, sink, fund, >Subject to call at 102 on any July 1st.
guar. p. & i. (end.).......c* ) Interest at No. Trust Co., trustee, Chicago.
The bonds carry the unconditional guaranty as to principal and
Interest of the National Railway Company of Chicago. They cover all
property and franchises now owned or hereafter acquired, including
[until the total debt is reduced to $1,000,000] $500,100 stock of the
St. Louis Cable Railroad. Sinking fund $10,000 yearly.
ROAD—34-47 miles of track, including lines owned in fee—15-40 mile s
lines controlled -N orthern Central 8-75 miles,Union Ry., 10-32 miles.
OPERATIONS.— Following is the number of passengers carried, in
cluding the Northern Central and Union lin es:
1st quar.
2d quar.
3d quar.
Hthquar. Tot. fo r year
1 8 9 9 .. .2.304.413
............................. . .......
1 8 9 8 .. .2.192.966
2,414,863
2,370,915
2,541,483
9,520.227
1 8 9 7 .. .2.110.910
2,317,287
2,297,838
2,412,655
9,138,690
{ 3 ) CITIZENS RAILROAD—An electric road.
ORGANIZATION— Controlled by the National Railway Company.
STOCK & Bonds—
Date. Interest. Outstand'g.
Maturity.
Stock ($100) $2,000,000.................. Annual $1,500,000
See text.
Tat mort goia (<pz,uuu,uuu) $ Int at Amer_Exch Nat Bankt Y 0 ity,
void
000 0001 £ 1887 6 J - J
1,500,000 July 1,1907
1 st mort.,
ST. LOUIS COUNTY STREET RAILWAY —
O r g a n iz a t io n —Operates 3 miles of track with horses. Stock, $50,000. In Nov., 1898, proposed to change motive power to electricity
and build double-track road from city limits to Wabash RR. and sin
gle-track road thence westward two miles. Pres., M. B. Greensfelder.
ST. LOUIS & EAST ST. LOUIS ELEC» R Y ORGANIZATION— Chartered in July, 1889.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Stock.............. .................................. .............. $250,000
1st M. ourrency.................
1890 6 J - J
75,000
Jan. 1,1905
Interest payable at office of the mortgage trustee, St. Louis Trust Co.
Road - 2 miles of track on 1 mile of road. Cars cross Eads Bridge.
OFFICERS—President, D. R. Powell; Secretary, D. T. Breck.
ST. LO U IS & K IR K W O O D
R R .—
A
trolley road.
Connects at Forest Park
with Lindell Railway. In July, 1897, St. Louis & Suburban Ry. ob
tained control. The Suburban road connects with it at Kirkwood and
uses its tracks for about 4 miles.
STOCK dfc Bonds—
Date.
Interest. Outstand’ j.
Maturity.
Stook (par, $100)..............................................
$300,000
..................
New 1st mort., $350,000. 1898
............
See text..........................
New mortgage, $350,000, has been authorized to replace 1st mort
gage, $300,000, but no bonds had been issued in May, 1898
R o a d — Owns 10*2 miles track in St. Louis County (none in the oityh
P r e s id e n t —James P. Dawson.—V .64, p. 331.
O r g a n iz a t io n — Completed March 1,1896.
ST. LO U IS & M E R A M E C R IV E R R R .—
O r g a n iz a t io n — Organized in 1894, and in 1896 obtained all the
rights and franchises of the Manchester Road Electric Ry.
S tock and Bonds—
Date. Interest. Outstand’g.
Maturity.
Stook, $2,000,000..........
..... ............... See text. . . . . . . . . . . . . . .
1st M., $1,000,000, g old ) 1896 6 g. M-N $1,000,000 May 8,1916
($1,000), guar, p.&i., by >Interest at Mississippi Valley Trust ComThe mortgage trustees are Charles Parsons and Thomas E. Tutt.
St. L. & Sub., end___c* ) pany, St. Louis, trustee.
Consol. M., $2,000,000... 1898
(1) None July,’98
(?)
Dividends— October, 1893, paid 4 per cent.
In
ROAD—Operates 16-36 miles o f track.
In 1898 stock increased to $2,000,000 (from $1,000,000), and an ad
ditional issue of $1,000,000 bonds authorized for extensions, eto., but
OPERATIONS— Following is the number of passengers by quarters:
1st q'ter.
2d q’ ter
3d q’ ter.
4:th q’ter. Tot. fo r year. latter had not been floated In Feb., 1899.
18 9 9 ...........2,072,830 ........................................................
..........
Stock for $2,000,000 held in treasury o f St. Louis < Suburban Ry.,
fe
1898 .......2 ,0 4 0 ,6 9 4 2,228,619 2,154,050 2,306,782
8,730,145
18 9 7 ...........1,968,350 2,268,553 2,160,882 2,256,469
8,654,254 which company guarantees the bonds.
ROAD—Trolley from Sarah St., on St. Louis & Suburban, to Jackson
(4) ST. LOUIS RAILROAD—A cable and trolley road.
Road, 10‘96 miles ; extension 3 miles to.St. L. & Kirkwood tracks over
ORGANIZATION—Controlled by the National Railway Co.
which cars run to Merameo Highlands. Rails, 73-lb. girder and 60-lb.
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
T- The St. Louis & Suburban furnishes power and oarries the
Stock ($100)...............................
J - J $2,000,000
See text.
1 s tM., cur. ($1,000each). 1890 5
M -N
2,000,000 May 1,1910 country passengers 3*2 miles over its own road to down-town
Subject to call May 1,1900 terminus of other lines In Nov., 1898, extension to the cemeteries,
Dividends—I n ’94 aggregated7 p. c.; ’ 95, Jan., S ^ p .c.; July, 2*3p. o.> 3 miles of double track, was under construction. President, O. H.
In 1896, July, 2*3 p. o.; in 1897, 5 p. c .; in 1898 and 1899 (?).
Turner; Secretary. R. Lehmann.
STREET RAILWAYS
82
ST. LOUIS &
S A L T L A K E C IT Y , U T A H .
SUBURBAN R Y - A trolley road.
ORGANIZATION—Incorporated Sept. 11,1884.
This company is a re
P opu la t io n 1890 w a s 44,843; in 1880 w a s 20,768;
organization o f the St. Louis Cable & Western Ry Co., which it bought
an d in 1870 w a s 12,854.
in at the foreclosure sale of the latter’s property June 10, 1890.
S A L T L A K E C I T Y R A I L R O A D - A trolley road.
In July, 1897, secured control of the St. Louis & Kirkwood RR.
O rganization—Chartered Jan. 19,1872.
S tock & BONDS—
Date. Interest. Outstanding. Maturity,etc.
STOCK & BONDS—
Date.
Interest.
Outstanding. Maturity.
Stock ($100)...............................................
$2,500,000
------ Stock, $1,000,000 ($50) ............................
$850,000
............
St. L. Cable & Western >
1884 6 M .-N .
600,000
1914
1st M., s. f., gold (1893
6 g J-J
650,000
1913
Rv IstM ................ s Interest at Farmers’ Loan & Tr. Co., N. Y. city.
($1,000) ($1,500,000)0* ( Subject to call after Jan. 1,1903.
St. L o u is * Suburban)
1891 5 g. F. - A..
1,400,000 Feb. 1,1921
Entire issue subject to call J an. 1, 1903, or any Jan. 1 thereafter r
IstM. ($2,000,000)g. >Interest payable in Boston by the trustee, the
from Jan. 1,1904, to Jan. 1,1913, one-tenth must be paid yearly. Bonds
§1,000......................1 American Loan & Tr. Co.
Income bon d s............... 1891 5 —
300,000
.............
to be called and paid in numerical order. Trustee, Guaranty Trust Co.
On Jan. 25,1899, the stockholders voted to increase the capital
Bonds—Under terms of the mortgage of 1893 for $1,500,000, bonds
stock $500,000 to $3,000,000; also to issue $500,000 additional bonds. may be issued for extension of and additions to the mortgaged property
Mississippi Valley Trust Co., St. Louis, Trustee. On Feb. 2,1899, at rate o f not more than 70 per cent of the cost of such addition and ex •
these bonds had not been floated.
tensions, and the bonds at any time issued shall not exceed $20,000 per
R o a d — Operates 18*14 miles o f track in St. Louis and 10*5 in suburbs.
m le for each mile of road constructed, equipped and in operation. On
In Nov., 1898, extension to O’Fallen Park, 4 miles of double track, mileage of Jan., 1896, $840,000 could be issued, but of this $190,000
was under construction.
OPERATIONS—Following is the number of passengers carried during was in the hands of the trustee to be sold only for new property. A fter
debtreaches $1,000,000 no bonds can be issued unless the net earnings
each Quarter of the calendar years:
' ^,
ist guar.
2d guar.
3 d guar.
4th guar. Tot.for year. for preceding 12 months are sufficient to pay 12 per cent o n all bonds
1899
2 727 241
..... ....
..........
.... ....
outstanding and 12 per cent on the bonds proposed to be issued.
1898 ’ " 21673,’149
3,070,129
2,952,439
3,042,831 11,738,548
ROAD—The company operates 42 miles o f track.
1897 . .".’ 2,454,224
‘
2,973,700
2,862,735
2,914,574 11,205,233
Miles.
Miles.
O fficers—President. O. H. Turner; Seo. and Treas., R. Lehmann.
42
29 Total track operated.............
Single track..
13 Weight of rails, 30 to 40 and 72 lbs.
Second track.
SOUTHERN ELECTRIC RAILWAY.—
OFFICERS—President, A. W. McCune; Vice-President, R. C. Chambers;
ORGANIZATION —Chartered April 16, 1884. In April, 1897, control Seo’y and Treas., Joseph S. Wells; Supt. and Purch. Agt., W. P. Read.
was obtained by St. Louis men, who, in Deo., 1898, also purchased the
stock of the National Ry.—V. 64, p. 800; V. 67, p. 1207,1263. In
S A L T L A K E & M E R C U R R R - T o be a trolley.
March, 1899, authority was granted by the Municipal Assembly to
Runs from Fairfield to Mercur, Utah, 12 miles, and is to be extended
consolidate the tw o and also to change motive power of the Broadway to West Dip. In July, 1898, made mortgage to the Produce Exchange
line from cable to electricity. V. 68, p. 620.
Trust Co. of New York, as trustee, to secure $300,000 gold 5s. PresiRtock & BONDS—
Date. Interest. Outstand’g.
Maturity.
ient, E. H. Airis, Salt Lake City.
Preferred stock (par $100)...............
J-J $1,000,000
See text.
500,000 ---- . . . . . . . .
Common stock (par $100)..................................
S A L T L A K E R A P I D T R A N S I T - A trolley road.
1st m ortgage....................... 1884 6 M - N
200,000
1904
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
Consol, mort. ($500,000).... 1889 6 M - N
300,000
1909
$356,000
...............
8 took $500,000 (par $100) .......................
Mort. o f 1896, $200,000 > 1896 5 g. F -A
200,000 Aug. 1,1916
st mortgage.................... 1890
6 F-A
350,000
Feb. 1 ,1910
($1,000), gold...............c 3 Int. pay’le at Louisville, Ky.,andSt. L., Mo,
Other indebtedness.......................
.........
70,000
...............
Mortgage trustees, Fidelity Trust & Safety Vault Co., Louisville, Ky..
interest at American Loan & Trust (trustee), Boston.
and Mississippi Valley Trust Co., St. Louis, Mo.
Road—Operates 32 miles of track on 26 miles of street.
In April, 1896, the directors authorized issue of $200,000 bonds foi
EARNINGS—For year ending Dec. 31, 1895, gross, $89,420; n et,
improvements. In August thecompany sold $80,000 of new preferred
$26,097. In 1894 gross, $110,538; net, $23,410.
stock at par with a bonus of 50 p. c. in common stock.
O fficers—President and General Manager, J. S. Cameron; Secretary
Dividends—On preferred, in 1894, 6 p. o.; in 1895, 6 p. o.; in 1896. and Treasurer, G. S. G annett; Sup. and Pur. Agent, W. H. Stone.
January, 3 p. o.; in 1898, Jan., IV p. o.; July, 3 p. o. dividends there
W E S T S ID E
R A P I D T R A N S I T —An electric and
after to be semi-annual; in 1899; Jan., 3 p. o.
steam road. Said to operate 12 miles of traok. Stock, $300,000.
R o a d — Operates 16-75miles of track in St. Louis; extension to JefTerson Barracks (opened May 20,1896), 6 miles; total, 22*75 miles. In President, L. L. Nunn; Seo. and Treas., A. M. Wrench.
July, 1898, extension proposed to Schuetzen Park and Bobringville.
OPERATIONS— The following gives the passengers carried:
1st guar.
2 d guar.
3d guar.
4 th guar.
Tot. year
S A N A N T O N IO , T E X .
1899...1,494,332
.............................................................
. . .
P opu la t io n 1890 w a s 37,673; in 1880 w a s 20,550;
1898 1280,210 1,666,632
1,700,651
1,542,245
6,189,738
an d in 1870 w a s 12,256.
18971.-1,426,195 1,475,302
1,470,929
1,399,061
5,771,487
A L A M O
H E IG H T S
R A I L R O A D —A trolley road.
O F F IC E R S .- President, C. H. Spencer; Vice-President, J. Nicola; Gen.
ORGANIZATION, E t c .—Successor to San Antonio Rapid Transit, sold
Man., Robert McCulloch; Sec. and Treas., Joseph S. Minary. V. 64,
p. 800; V. 67, p. 1207; V. 68, p. 620.
in foreclosure in May, 1895. On Feb. 27, 1897, W. H. Hume was
appointed receiver. Capital stock is $62,000 (par, $100.) First
U N I O N D E P O T R A I L R O A D —An electric system.
ORGANIZATION— Incorporated in 1876. Controls the Mound City mortgage, $500,000, gold, 6 p. 0. bonds, c*, $500 each; dated 1895,
Railroad, Benton-Bellefontaine Railway Company and the Grand due June 1, 1915; interest, J&D. Franklin Trust Co. of Brooklyn,
Avenue Railway. The last named was opened March, 1895, along trustee. Operates 5V miles of track. President, C. J. Harwood.
Grand Avenue to Meramec and Virginia aves, and had $100,000 stock
outstanding—no bonds.
In March, 1898, the United Traction Co. was incorporated by officers
o f the Union Depot RR. to build connecting lines.
In Dec., 1898, the syndicate headed by Brown Bros, of New York
purchased the entire stock, acquiring also the stocks of the Lindell &
Missouri RRs. and entral Traction Co.
Date. Interest. Outstand’g. Last div., etc•
S tock & Bonds.—
. . . 6 p. 0. $4,000,000
8ee text.
stock (100).......................
1890 6 g. J - J
300,000 Oct. 1,1910
Mound City RR. Co.......
Subject to call Oct. 1,1900
1890 6 g. A-O 1,091,000 Oct. 1,1910
Union Depot Railroad
consol, mortgage, gold.......)
Sublect to call Oct. 1,1900
Cons. mort. ($3,500,000) gold.1893 6 g. J -D 2,237,000 June 1,1918
Interest on 6s of 1893 is payable at Mississippi Valley Tr., St. Louis.
Mortgage Trustee of + other loans, the St. Louis Trust Co.
11
DIVIDENDS. In 1893, 8 p. c.; in 1894, 3 p. o.; in 1895, 3 p. o. It is
understood that dividends of 6 p. o. per annum are paid.
R oad .—The company’s mileage, as reported to the city in April,
1898, aggregated 77*50 miles as below. Other statements make it
between 80 and 90 miles, probably owing to duplications of mileage
used by two or more divisions in common.
OPERATIONS—The following gives the number of passengers carried.
ist Quar. 2d Quar.
jd Quar. 4th Quar. Total year.
1899 ..............6,029,431
...........................................................................
1898................5,842,691 6,506,875 6,667,373 6,639,947 25,656,286
1897................5,322,079 6,273,524 6,249,928 6,313,875 24,159,406
OFFICERS.—President, John Scullin; Sec., J. H. Roach.—V. 68,p. 333.
ST. P A U L , M IN N .
POPULATION 1890 WAS 133,156 ; in 1880 w a s 41,473 ;
1870 w a s 20,030.
ST. P A U L
C I T Y R A I L W A Y —See Twin City Rapid
Transit Co., under Minneapolis, Minn.
an d in
ST. P A U L
& S U B U R B A N R Y . —A trolley road.
ORGAN ZATION, e t c .—Successor, after foreclosure, to the St. Paul &
White Bear RR. Franchises run 50 years from 1896. Road runs
from St. Paul to White Bear Lake, and from city limits owns the right
e f way; also owns summer resort on the lake. Capital stock, $37,900,
full paid. In June, 1897, no bonded or floating debt.
ROAD.—Owns 10*59 miles of traok; 9 electric cars, also 2 locomo
tives and 4 coaches used to supplement electric service.
President, E. W. Peet; Secretary, Ambrose Tighe.
S A N A N T O N I O E D I S O N C O . —A trolley road.
Road , Et c .—Successor, it is stated, to the Citizens’ Electric Power*
& Street Ry. Co. Operates 13 miles of track. Capital stock, $300,000;.
first mortgage, $300,000. In July, 1898, reported as sold to interests
represented by W. H. Weiss, President of the San Antonio Street Ry.
SA N
A N T O N IO
S T R E E T
R A IL W A Y -
O r g a n iz a t io n —Incorporated in May, 1874. and in 1890 absorbed
the Prospect Hill Street Railway. Consolidation of all the city roads,
was pending in February, 1898.
S tock & BONDS—
Date.
Interest. Outstanding. Maturity..
Stock $1,000,000..............................................
$200,000
..................
(1885
7-A 15
200,000
190&
1st mort. $1,000 each . . . < Interest payable at Atlantic Trust Co., New
( York City, and San Antonio.
_
* tcnAnnn „*(1 8 9 0
.
6M-N
400,000
May 1,1920
Con. mort., $600,000. .c ^ gufoj. to call $20,000 yearly from May 1,1897
ROAD—35 miles of track. Rails 40, 45 and 56 T.
OFFICERS—President and Treasurer, W. H. Weiss; Vice-President,
R. Houston ; Secretary and Superintendent, D. D. Willis.—V. 68. p. 674.
SAN
A N T O N IO
(T E X .)
G A S
E L E C T R IC
L IG H T & S T R E E T R A IL W A Y —
Formed to absorb street railways and light plants. Stock is to be
$2,500.000; present issue, $1,600,000. Bonds, forty-year gold 5s,
authorized issue, $2,500,000; present issue, $1,600,000. Net earnings
of properties acquired are reported as $141,393 for calendar year
1898.—V. 68, p. 674.
W E S T E N D S T R E E T C A R C O . —A trolley road.
ROAD, Et c .—Said to operate 5*8 miles of track upon 4*8 miles of
street. Stock, $26,000. First mortgage is for $100,000 gold 6s, J&J,
dated 1890, due July 1 ,1 9 1 0 ; interest at Importers’ & Traders’ Nat.
Bank, N. Y., or San Antonio office. July, 1898, interest in default. On
August 8,1898, John H. Clark was appointed Receiver.—V. 67, p. 324.
Surplus earnings (over interest charges) have been put into improve
ments. President and General Manager, G. W. Russ.—V. 67, p. 324.
S A N D IE G O , C A L .
P o pu la t io n in 1890 WAS 16,159; in 1880 w a s 2,637;
in 1870 w a s 2,300.
C I T I Z E N S ’ T R A C T I O N C O .—See San Diego Elec. Ry.
STKEET RAILWAYS.
SAN DIEGO ELECTRIC RY—A trolley road.
O rganization , etc .—in March, 1898, purchased Citizens’ Traction
Co. at foreclosure sale. Owns 15 miles o f track. No bonds had been
issued in Feb., 1899. President, A. B. Spreckels, 8an Fransisco, Cal.;
Vice-Pres., E. S. Babcock; Sec. and Treas., J. A. Flint.
S A N D U S K Y , OH IO .
P o pu latio n 1890 w a s 18,471; in 1880 w a s 15,838
PEOPLE’S ELECTRIC RAILWAY-
........D U . IMerM9:
1st mortgage, $ 40,000....0» ¿891 6
j-j
40,000
Operates 6 ^ miles. For year ending Oct. 28,1898, gross, $19,660.
OFFICERS—Pres., W. H. Gilcher; Sec., R. B. Fisher; Treas., A. W. Prout.
83
Roads owned in fee—
Mites.
Roads owned in fee—
Miles.
Main line & brchs. (horse)... 20 06 Main line & brchs. (steam).. 20*00
do.
do.
(trolley). 82*52
Total single track.............182*56
do.
do.
(cable)..^ 59*98
Rails 37 to 741 lbs. to yard.
a
Steam road and horse lines being changed to electricity.
E a r n in g s —For year ending Deo. 31,1897,169 miles, gross earnings,
$3,406,606; net, $1,351,059. In 1896, 177 miles, gross, $3,259,989;
net, $1,201,967.
O fficers (Dec., 1897)—President, H. E. Huntington; Vice-President,
Charles Holbrook; Secretary and Controller, J. L. Willcutt; Treasurer,
N. T. Smith; Puroh’g Agt., R. P. Schwerin. Office. San Francisco, Cal.
PRESIDIO & FERRIES RAILROAD—
O rganization—Chartered Jan. 6,1882.
S tock & Bonds—
Date. Interest.
Outstanding.
Maturity.
Stock (par, $100)..................................... P $ b ® d ü ? * j
............
SANDUSKY & INTERURBAN ELECTRIC 1st mort., $250,000... ........
6 M&N
$170,000
1911
RAILWAY-—A trolley road.
Road—In March, 1898, was operating 11*2 miles of road as follows:
O rganization.—Incorporated in 1898 to build a road from San Cable,7 ^ miles; horse, 2 miles; steam, 2 miles; total track, lH a miles.
dusky to Lorain, there connecting with the Lorain & Cleveland Ry.,
OFFICERS—President, G. A. Newhall; Secretary, John B. Leighton
controlled by same parties. On July 9, 1898, purchased Sandusky Office, corner Union and Sharp streets, San Francisco.
Street Ry. at foreclosure sale.—V. 67, p. 127.
SUTRO RAILROAD CO.
—A trolley road.
Date- I nter<xt- Outstand'g.
Maturity.
otOCKf JpoOOfOOO.......... .
.....
Aug. 15
(?)
O r g a n iz a t io n — Incorporated to build and operate a road on Central
1st mort., $10,000 p er) 1898 5 g F A
$40,200 A
1918
Ave,, etc., to the Cliff, with a branoh line to the Park on 8th Avenue.
mile, gold ($100, etc.), s Int. at Dime Sav. & Bank. Co.,Cleveland,O. No bonds outstanding in November, 1898.
Bonds are subject to call after 5 years.
STOCK—
Par.
Authorized.
Outstanding.
Road —Owns 9 miles of track on 7 miles of road in Sandusky City Stock............................................
* io
$400,000
$240,990
(former Sandusky Street Ry.l Under construction from Sandusky to
Road .—Five miles long (9*9 miles track), was opened Jan. 27,1896.
Lorain, 30 miles, of which 10 miles to Huron to be completed bv June
O fficers—President, Dr. Emma L. Merritt; Secretary, Theodore
1,1899.
Krauss; Treasurer, American Bank & Trust Co.; Supt., Robt. Jordan.
-OFFICERS—President, H. A. Everett, Cleveland, O.; Sec. and Treas
SU TTE R ST R E E T R A I L W A Y — cable road.
A
v tL
Cleveland, O.; Manager, Thomas Wood, Sandusky, O. V* O / f J j. ¿j I o .
O rganization—C
hartered D 22,1887.
eo.
STOCK & Bonds— Date. Interest.
Outstanding. Last Div.,ete.
SANDUSKY MILAN & NORWALK ELEC
Stock (par, $100)................. Q-M 15
J $2j£Sj ’paid
\ Dec. 15,1898
TRIC RAILWAY—A trolley road.
tM .,g .,$1,000 each
5 M-N
*900,000' * May
S tock & Bonds
Date. Interest. Outstanding. Maturity. lsTrustee is California 1888 Ins. & Trust Co. of San Francisco. 1 1918
Title,
Stock, $100,000 (par $50)...........................
*100.000
Subject to call at par $50,000 yearly, beginning May 1,1908. I f so
100^000
.'I""""
1st m r a e
o tg g$100,000....... ......... 6 J-J
,
Road—Owns 18 miles of track.
ordered by the company’s directors, Nos. 1 to 50 to be called first,
OFFICERS—President, G. H. DeWitt; Vice-President, Henry Kelley; and the others in the order of their numbers.
Treasurer, A. W. Prout; Secretary, J. D. Parker.
Dividends: In 1893, 5 p. o.; in 1894, 5 p. c.; n 895, 4 p. o.; in 1896,
4 p. c.; in 1897, 5 p. o.; in 1898. 6 p. o.
SANDUSKY STREET RAILWAY
—A trolley road.
Road—
Miles. „
Miles.
O rganization—Purchased at foreclosure July 9,1898, by the San Cable road (iron and cement) 5*75 Horse oad.............................. -68
do
second track___ 5*75
dusky & Interurban Electric Ry.—V. 67, p. 127,
Rails 43 lb. T.
Total owned in fee.............12*18
OFFICERS—President, R. F. Morrow; Vice-President, J. L. Schmitt:
Secretary, A. K Stevens; Treasurer, M. Schmitt.
.
S A N F O R D , ME.
P opu la t io n in 1890 w a s 4,201; in 1880 w a s 2,734.
SANFORD & CAPE PORPOISE R R . - A trolley
■road. Connects Sanford, Alfred, Lyman, Kennebunk, West Kennebunk and Kennebunkport, Me., with the terminal at Cape Porpoise.
Bonds, $250,000 30 year 5s; State Trust Co., N. Y., Trustee. President,
ErnestM. Goodall; V.-Pres., Frank Hopewell; Treas., Louis B. Goodall.
S A N F R A N C IS C O , C A L .
P opu la t io n 1890 WAS 298,997; in 1880 w a s 233,959;
AND in 1870 WAS 149.473.
CALIFORNIA STREET CABLEO rganization—Chartered Feb. 8,1877. Annual meeting the second
Wednesday in July.
S tock & .Bonds—
Dale. Interest.
Outstanding.
Maturity«to o k (par, $100)...................... Monthly. {
8-^areS-^
1st mortgage, g o ld .... 1890 5 g . J - J 1 *$900,M O - San. 1,19*15
Dividends have been 50 cents monthly.
Road—March 1,1898,11*2 miles of track on 5*2 miles of street.
OFFICERS—
-President, J. B. Stetson; Vice-President, A. Borel; Secre®^eJ8011j. Treasurer, A. Borel & Co.; General Manager and
Purchasing Agent, J. W. Harris. Office, San Francisco. Cal.
GEARY STREET PARK & OCEAN RR.-
• S A R A T O G A , N, Y .
P o pu lation in 1890 w a s 13,171; in 1880 w a s 10,820;
and in
1870
w as
8,537.
S A R A T O G A T R A C T IO N —
Trolley.
O rganization, Et c .—Formed in May, 1897, as successor o f the
Union Electric Ry. foreclosed. Saratoga Lake RR. was leased, but
subsequently absorbed by consolidation. In Deo., 1898, it was re
ported that the bondholders had obtained control of the stock and the
road was to be extended to Ballston Spa by July, 1899.
STOCK* BondSDate. Interest. Outstanding.
Maturity.
Stock, $200,000............................................
*200 000
1st M., $200,000 gold.. 1897 5 g. J-J
130,000
" 'l 9 2 6 " ‘
Road—Owns from Saratoga to the lake, the race track and to Geyserville, 8 miles of road; sidings, S m ile s ; total track, 8*27 miles. In
Jan., 1899, extension to Ballston Spa was proposed.
onE i qK n qs~ 0 p ®rated only as a summer road. For year ending June
L
30,1898, gross, $9,316; net, deb., $605; oharges, $7,012.
^ fficers—President, T. F. Hamilton; Secretary, Robert B. Smith;
O
Treasurer, R. S. Storrs, 40 Wall Street, New York City.
SAVANNAH
GA.
P o pu latio n 1890 w a s 43,189; in 1880 w a s 30,709;
an d in 1870 WAS 28,235.
O rganization—Incorporated Nov. 5, 1878. Annual meeting first
C ITY & S U B U R B A N R R . - A steam and trolley roadWednesday after second Tuesday in April.
O rganization—I ncorporated in April, 1882. Controlled in same
H+nlv
DS~
Date- Int«rest. Outstanding. Maturity. interest as and operated by 8. T. & I. of H. General consolidation
1£ M ^#750 nok *
— • Y i«Y
10.000 shares, See text. of Savannah roads expected in the near future.
1st M., $750,000, gold . . . . 1891 5 g A - 0
$671,000 Oct. 1,1921
Dividends: , In 1895 $3 per share; inl896 $2-50 per share paid in
StoJk?pK
a*$100N S.T .... ^
)D
Inter6SL 0 t* 5(?oooWi/******
-dividends of 50 cents each; in 1897, $1-50; in 1898, $3-00.
1st mortgage (old 7s) . 1882
6 M-N
200,000
J a n " i‘ l902
ROAD—On Jan. 1,1899, owned 4 miles of double-track cable road 2d mortgage (ol 7s)... 1883
6 Q-F
50,000
1903
laid with 72 lb. steel rails.
In Nov., 18o7, bondholders agreed to reduce interest on their
F a E' Huntington; Vice-President, Charles bonds from 7 to 6 per cent, in return their lien being extended to cover
Sep,r1 t 7 and General Manager, J. L. Willcutt; Treasurer, the entire property of City & Suburban, including extensions and
®1
lan^FrancfecoP Cha n8 A gt" R' P‘ Sollwe:rl11* Office, 532 Market St., electrical equipment and $250,000 of the new 8. T. < Isle of H 4s
fe
MARKET STREET RAILWAY—
O rganization—Formed by consolidation of a number o f companies,
including those whose bonds are in the table below. The Metropoli
tan Ry. has also been merged. (See V. 61, p. 750.) Persons identified
with Southern Pacific Ry. Co. are largely interested in this company.
i°nmS Date' In terest.
Outstanding. Maturity.
,I 8 '6 l7 ’°°0
M., $1,000 g o l d . .. . . . c j 1883 6S - J - J
3,000,000
Jan. 1,1913
Co. 1st M
1888 6 A - 0
2,000,000 A p r.2,1918
2d m ortgage.... . . . . . . .
1893 6 M —
N
15000 Mnv i iq 9q
Park & Cliff House 1st M
1887 6 J - J
350,’OOO Jan. 1 1 9 1 3
Powell Street 1st M___ 1887 6 M - S
700 000 M a rl* 1919
Park & Ocean 1st M ...
1884 6 J - J
250 000 Jan 1 1 o i l
Perries & ClffiI H. is t M
1889 6 M - S
650’,000 Mar. l ’, 1914
Market Str. Ry. consol..
’
*
M. for $17,500,000 g. 1894 5g. M -S
4,817,000
Sept.1,1924
Interest is payable at Treasurer’s office, San Francisco.
D ividends Of 60 cents per share are paid quarterly.
ROAD—Company on Dec. 31,1898, owned track as follow s:
y a Z ^ A
T S l^ - M-
amutogluparable
¿„.
ROAD—Operated 35 miles of track, of which 4 miles steam.
O fficers—President, James H. Johnston; Vioe-President Henrv
Parsons; Sec y, E. J. Thomas; Treas., E. J. Thomas, Jr.—V. 64, p. 755.
S A V A N N A H T H U N D E R B O L T & IS L E OF
H O P E R Y .— trolley road.
A
O rganization—On May 29, 1897, the property o f the Savannah
Traotion was conveyed to this oompany without foreclosure. The
Traction was formed in January, 1897, as successor to the Savan
nah Electric Ry. sold in foreclosure Jan. 5, 1897 (V. 64, p. 85).
The S. T. & I. of H. is controlled by George Parsons of New York,
who also controls the City & Suburban, and a general consolidation o f
the Savannah roads expected in the near future.
Stock (?)
Date.
Interest. Outstand'g. Maturity.
4
gold, $1,000................ 0* 5
Trustee, Central Trust, N. Y.
Bonds of 1897 were issued in payment o f the acquired property
our., ijN j. $1,250,(
84
STREET RAILWAYS.
ROAD—Operates 12 miles of track, uniting Soranton with G re e n w e e d
Moosio and Taylorville, Avooa, Pittston and Readham.
LEASE— Under its lease the Scranton Railway Company g u a r
antees the interest and principal on $25,000 per mile of this com
pany’ s bonds, and any surplus earnings after paying all taxes, in s u r
ance, interest on bonds guaranteed, etc., shall be divided between th e
SCHENECTADY
N. Yr.
lessor and the lessee, one-fourth to the Soranton Railway and th r e e ,
P opu la t io n 1890 w a s 19,857; in 1860 w a s 13,655;
fourths to Scranton & Pittston Traction.
AND IN 1870 w as 11.026.
E a r n in g s — Jan. 1 to Deo. 3 1 ,12 months, 1898, gross, $ 61,904; net,
S C H E N E C T A D Y R A I L W A Y —A trolley road.
$19,565. OFFICERS—President, L. A. Watres; Secretary, R. C. Adams;
ORGANIZATION—A reorganization in February, 1895, o f the Schenec
Treasurer, C. H. Mullin.—V. 63, p. 515.
tady Street Railway Co., which was chartered in 1886. Purchased by
the General Electric Co. in August, 1898, together with Schenectady
General Illuminating Co.—V. 67, p. 321.
SEATTLE, W A S H .
Q-rnr'kf At Ronds—
Date.
Interest. Outstand'g.
Maturity*
P o pu latio n 1890 w a s 42,837; an d in 1880 w a s 3,533.
Stock,par $ 1 0 0 ..™ ......................................
$300,000
......................
1st M., $300,000, gold, J 1895
5g. J - J
See text.
Jan. 1, 1925
In May, 1899, combination was pending to include the various Seattle
$1,000..................... o*X Interest at Merc. Trust Co., N. Y., trustee.
roads—the Seattle Traction, the TJnion Trunk Line, the First Avenue r
Firsts of 1895 are secured in part by $79,700 stock of Scheneotady the Madison Street Cable, the West Street Eleitric, the Third Avenue «6
Illuminating Co. deposited as collateral. Interest paid free of taxes. Suburban.
In Feb., 1899, $223,000 were outstanding and the sale e f the remain
FIRST AVENUE RAILWAY.—
ing $77,000 was pending for extensions and improvements.
O rganization , Et c .—Successor in January, 1898, to the Front
ROAD—Single track main line Brandywine to Bellevue 4*22 miles Street Cable Ry., sold under foreclosure Jan. 8,1898. Stock, $150,second track and sidings, -7 miles; total of all track 4 ’87 miles.
000; par, $500; all outstanding. V. 66, p. 183. In Feb., 1899, $300,LATEST EARNINGS- Present company took charge in February, 1895. 000 gold bonds were outstanding. Line runs from First (formerly
Tear
Gross.
Net.
Oth. ine. Int., tax., etc. Bal. sur. Front) St. and King St., up First and Seoond aves.; 3 miles o f double
1897-98........... $33,454
$1,811
$24,178
$14,804
$11,185
1896-97............ 30,188 df.2,636
21,772
14,249
4,887 track. President, M. H. Hecht. Secretary and Treasurer, Fred. K.
O fficers- President, J. P. Ord; Vice-President and Manager, Theo. Struve. Gen. Man., O. D, Colvin.—V. 66, p. 183.
dore Stebbins; Secretary-Treas., J. J. Kennedy.—V. 60,p . 303; V. 63,
GRANT STREET ELECTRIC RAIL W AYp. 7 1 6 ; V .6 5 ,p .2 3 3 ; V .6 7 ,p .3 2 1.
ORGANIZATION— Chartered in 1891. Capital stock, $200,000. B ond»
$100,000. Operates 5*a miles of track. Projected, Ity. miles.
SCRANTON, PA.
S tock & Bonds—
Date. Interest. Outstand’g. Maturity.
Stock, $200,000; par, $100................................. $200,000
............
P o pu la t io n 1890 w a s 75,215; in 1880 w a s 45,850;
IstM ., $125,000, gold, ($L,-) 1892
6g. M-S
100,000 Mar. 1,1912
AND IN 1870 WAS 35,092.
000 each) subjeot to call >Int. at Atlantic Trust Co., N. Y., trustee.
S C R A N T O N R A I L W A Y - A trolley road.
at 104.................................. ) Sinking fund $2,000 yearly after 1897.
ORGANIZATION —On Jan. 1,1897, assumed all the assets and liabili
Road turned over to company by receiver Jan. 25,1898. President
ties of the Soranton Traction Co., etc—V. 63, p. 1064; V. 64, p. 85.
N. H. Latimer; Secretary, E. F. Blaine; Manager, W. J. Grambs.
QrnrK At Ronds— Par. Date. Interest. Outstand’g.
Maturity.
Stock ($6* 00,000)-- $50 ........................ $2,500,000
.....................
GREEN LAKE ELECTRIC RY.-A trolley road.
Soranton Trao. 1st 1 1 0 0 0 1892 6 g.M-N 1,000,000
Nov. 1,1932
O rganization.—Chartered in 1889 till 1915. The road is leased t o
M., $1,000,000, > xiterestx at E. W. Clark & Co., Philadelphia.
Seattle Consol. St. Ry. at a nominal rental. Stock (auth. $70,000)
gold.no option.o J
May 1,1920 issued $60,000; 1st mort. $50,000, gold, 1891,6 g., J. & J., due Jan. 1,
Scran. Pas. R y.lstM .l,000 1890 6 M-N
100,000
1909
Scranton Sub. 1st > 500&C 1890 6g. M-N
200,000
1912, are outstanding only as collateral for an indebtedness o f about
M g gu..n.&i.o* s Trustee, Farmers’ L. & T. Co., N. Y.
Aug. 1,1918 $17,000. Owns 4*86 miles o f track.
Peop’ sSt.R y.lstM .g.l,000 1888 6g. F-A
200,000
Dec. 1,1921
Do
gen. M., gold . . . . 1891 6g. J-D
100,000
Nov. 1,1932
Soranton R y.M ., $2,500,->1897 5g. J-J
900,000
MADISON STREET CABLE RAILWAY000, gold ($1,000) ...o* >Trustee, Continental Trust, N. Y. City.
ORGANIZATION— Chartered in 1889. Controls the South Seattle Cable
On Feb. 1,1899, had no floating debt. V. 67, p. 127.Railway. Capital stock, $750,000. Bonds, $450,000 of 6 p. c. firsts,
xF ree of United States and Pennsylvania State taxes.
dated 1890, due 1910, interest, A. & O., are pledged to secure a loan o f
Bonds—Of the $2,500,000 Scranton Ry. mortgage 5s of 1897, $1,600,- $250,000. Operate 7 ^ miles of track upon 3-6 miles of street. In year
000 are reserved to retire prior bonds at maturity.
1897 carried 1,279,074 passengers. President, H. G. Struve.
r o a d —O wns and operates all the street roads of Scranton, having
S E A T T L E C I T Y R A I L W A Y —A cable road.
an aggregate mileage as follow s:
Leased (earns, separate) — Miles.
R e o r g a n iz a t io n — lu Nov., 1898, road was still in receiver’s hands,
Owned—
Scranton & Pittston................ 12 no date of sale had been fixed and no reorganization plan adopted.
People’s Street Railway......... 25*2
5
Valley Passenger Railway— 8*2 Soranton & Carbondale..........
Lackawanna Val. Trac............
4 Bondholders’ committee is Winthrop Smith and J. W. Longstreth o f
Philadelphia and Albert Stone of Boston.
Total owned............................ 34
Total system.......................... 55
STOCK AND Bonds— Miles. Date. Interest. Outstand’g. Maturity.
l atfqt EARNINGS—10 mos. > 3 898 9 Gross, $323,378; net, $163,511 Stock...................................... . .......................... $600,000 ..........
1st M., $f500,000, g ...
5
1890 6 g .A - 0
441,000 Oct. 1 ,1 9 1 0
L
J u ly 1 to April 30.
$ 1897 8 Gross, 319,965; net, 163,750
Interest Oct., 1893, and since in default; Central Trust Co., trustee.
EARNINGS— Operations o f the lines now composing the Soranton Rail
ROAD—Owns about 5 miles of cable road on 5 miles of street in
way, not including the Sor. & Pitts, and Scr. & Carb. lines. For the
Seattle, known as the Yesler Avenue and Jackson Street lines. Sub
year ending Deo. 31, earnings, etc., w ere:
structure has been practically rebuilt during the receivership.
1898.
1897.
1898.
1897.
Gross. . . . . . . . $3-3,727 $366,3.5
R eceiver is w A. Underwood, 40 Wall St., New York.—V. 62, p. 950.
.
Taxes,°&crSe8 } $136>
812 $135,170
Oper. e x p ......... 189,542 179,974
SEATTLE TRACTION CO.-Atrolley road.
....................$194,185 $186,351 Bal., sur. for yr. $57,373 $51,181
O r g a n iz a t io n — Areorganization of the Seattle Consolidated S R »
t. y
O fficers—President. C. M. Clark; Vice-President, J. P. Ilsley; Seo’y
ana Treas..C. Ford Stevens, Bullitt Building, Phila.; Gen. Man., Frank sold in foreclosure Dec. 1,1896—see V. 66, p. 141, and V. 67, p. 32L
Simman, Jr.,Scranton, P a .- Y . 64, p. 85; V. 67, p. 127; V. 6», p 674.
Maturity
Interest. Outstand’g.
S tock & Bonds—
Date.
$349,300
Stock $1,000,000 ($100).............
( 1 ) . SCRANTON & CARBONDALE TRACTIO V—A trolley road.
1st M. g., subj call at 105 )
73,100 Jan. 2 , 1927
6g. A-O
($500 & $1,000); int. is >1897
O r g a n iz a t io n — Soranton Railway Co. leases this company for fifty
preferred .................o* j
years and operates the road and furnishes the power.
1st M. g. incomes to Oct. )
STOCK & Bonds— Miles. Date. Interest. Outstand’g. Divs., etc.
456,488 Jan. 2,1927
6g. A-O
1, ’ 99 ($500 & $1,000), >1897
Stock
______ . . . . . . . . .
. . . . . . . . . . $500,000
(?)
subj. to call at 105.......o* )
1st M .,$i,bbojoob, g., ( 5
1893 6 g . J - J
150,000 Jan. L 1923 2d M. g. incomes,non-cum.)
5 a 39,625 >
$1 000....................o*< Interest at Union Tr. Co., Phila., and Lacka6g. A-O l B .¡98,015 J Jan. 3 ,1 92 7
($1,000), A & B subj. to >1897
xifree of"State tax. t wanna Tr. & Safe Dep. Oo., true., Soranton, Pa.
call at par...................o*)
Bonds lor $100,000 are reserved for power plant, if required, and
Interest is payable at Illinois Trust & Savings Bank, Chicago, trus
$750,000 for purchase o f other railroads and new property
tees of both mortgages.
r o a d — Owns road extending from Soranton to Archbald, Pa., about
The first mortgage is for $1,000,000; bonds ’ (Nos. 1 to 150 inol., $509
5 miles; connects with Carbondale Railway to Carbondale.
each) for $75,000 have interest preferred until Jan. 2, 1907; the
L atest EARNINGS—8 m os.) 18 9 ...... Gross, $22,994; net, $10,584 $457,000 bear interest absolutely after Oct. 1, 1899. Of the second
July l to Feb. 28.
$ 1897-8...... Gross, 27,095; net, 11,555 mortgage bonds, series A (Nos. 1 to 42), $42,000 are preferred over
A nnual R eport —Fiscal year ends June 30. Earnings have b een :
series B as to principal and interest.
Gross.
Net.
Charges. Bat., sur
ROAD—Owns 13’72 miles of track and leases 4’68 miles.
1R97-98
.................$38,443
$16,870
$10,018
$6,852
EARNINGS— For year 1893 gross, $142,738. In 1897, $91,453.
1896-97-"-’ " ...... ............. 40,817
19,119
9,917
9,202
President, G. B. Blanchard; Treasurer, A. B. Forbes,'204 Dearborn
OFFICERS— President, William R. Dunham; Secretary, Percy S. Biek
m ore; Treasurer, George L. Mitchell.
St., Chicago.—V. 67, p. 321.
(2.) SCRANTON & PITTSTON TRACTION.—A trolley road.
SEATTLE & RAINIER BEACH R Y . - T r o l l q y .
O r g a n iz a t io n —Chartered Sept., 1893, and on Oct. 5, 1893, leased
ORGANizATION—A reorganization of Rainier Ave. El. Ry. foreclosed.
for 50 years to Scranton Railway Company.
The Pittston
S tock A Bonds—
t.
Date. Interest. Outstand'g. Maturity.
Company owns the entire capital stock of the Lackawanna Street Stock, (par,$100) ($95,000)............................ $75,000
..........
First mortgage, $40,000 ( 1895
5 F-A
20,000
Aug. 1, 1901
Railway and the Pittston Jenkins & Avooa Street Railway, and a
(par, $5,000)....................< Interest atSeattle, Wash.
majority o f the capital stock of the Pittston Suburban Passenger
On May 1,1898, had little indebtedness, except bonds.
Railway, operating their properties under lease.
EARNINGS—For 4 months ending April 3 0 : In 1898, $6,642; in 1897
STOCK & BONDS— Miles. Date. Interest. Outstand’g
Maturity.
$4,713; in 1896, $3,225.
I t o S $5^5,000?g-Vc ‘ I S "
1893 6g."A -0 $1’ 295,5oS 6 i t " l ,1 9 2 3
ROAD_ O p erates 13*35 miles of track, extending from Seattle to
$1 000 & $500 c* < Interest (x) at Union Trust (Trustee), Phila. Nob Renton, including Seattle & Renton Ry. extension from Rainier Beach
gu. by Scran. Tr. (. 1 to 400 $1,000 each and Nos. 401 to 650 $500
to Renton. Rails, 30-56 lb. T and girder. General Manager and P arx Both principal and interest are payable free from all United States
chasing Agent., F. H. Osgood. Franchise runs till 1915.
and State o f Pennsylvania taxes
ROAD—In Nov., 1898, owned about 35 miles track.
O fficeRS—President, George Parsons; Vice-President, J. H. Fall;
2d Vice-President and General Manager, Jas. H. Johnston; Treasurer,
Edward J. Thomas, Jr.; 86 iretary, Edward J. Thomas, Sr.—V. 64, p.
85,182, 755,1089; V. 65, p. 152, 621, 926.
STREET RAILWAYS.
U N IO N T R U N K L IN E — A n
e le c tric a n d cab le road.
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity.
Stock (par, $100).....................................
$1,000,000
...............
1st M., $500,000, gold, ) 1891
6 g .J -J
500,000
Jan. 1, 1911
$ 1 ,0 0 0 .................c.* >Interest at Central Tr. Co., trustee, N. Y. d t y .
R o a d —Operates 21 miles of electric and 1-36 miles o f cable road.
President, M. H. Young; Sec., J. D. Lowman; Treas., R. R. Spencer.
W E ST SEATTLE C A B L E ORQANI2ATION—C a p ita l stock, $ 1 5 0 ,0 0 0 ; tr a c k , 2 m . P res., H . S. K in g .
W E S T ST. & N O R T H E N D E L E C T R IC R Y .
STOCK & B o n d s —
Date.
Interest.
Outstand’g.
Maturity.
Stock...............................................................
$1,000,000
..................
IstM ., $300,000, g ...o . 1890
6 M-S
300,000
Sept., 1910
Ten miles o f trolley road on 6 miles of street. For year 1898, gross,
$45,225; net, $23,186. President and Treas., S. L. Sbuffleton.
SE D A L I A , MO.
P opu lat io n 1890 w a s 14,068 ; in 1880 w a s 9,561 ;
a n d in
1870
w as
4.560.
S E D A L IA E L E C T R IC A N D R A I L W A Y —
O rganization , e tc .—1 rganized ln|Oetober, 1898, as a consolidation
O
o f the Sedalia Ry. Light & Power and toe Sedalia & Brown Springs
Electric Ry. — 67, p. 483. Owns franchise for a road on all streets of
Y.
city, and also franchise to operate electric-light plant. Has lighting
contract with city, which expires 1899.
Date. Interest. Outstanding. Maturity.
S tock & Bonds—
Stock $400,000, par $100.
$200.000
Bed. E. & L. & P. m ort.,g. 1892 6g. ___
F-A
200,000 Aug. 1,1912
Sedalia&Brown Spgs. 1st) , Q /I
Q
a J-D
r r.
6
50,000 Deo. 1,1914
M. $80,000 s. f. ($1,000) [ 1894
Trustee, Trust Co. of America at Phila.
guar., gold..................c * )
1st cons.g.$ 100,000, c*
5 M-N
1898
Int. at U.S. M. & T.,Tr.
The bonds o f 1892 and 1894 are subject to call at 104 and interest,
and the company is preparing to refund them. On May 22,1899, $40,000 consols had been issued,
R oad—Elec. Ry. L. & P. owned 12 miles of single track; Brown
Springs, 3 miles; total, 15 miles.
OFFICERS— President, S. H. G. Stewart, 40 Wall St., N. Y. ; Secretary
and Treasurer, Calton H. Reeve, New York.—V. 67, p. 483.
S H A M O K IN , P A .
POPULATION in 1890 WAS 14,403 ; in 1880
in 1870 was 4,320.
w as
85
SIO U X .
C IT Y ,
IO W A .
P opu lat io n in 1896 (school directory census) a b o u t 47,000; in 1890
WAS 37,806; AND IN 1880 WAS 7,366.
SIOUX CITY TRACTION— tr lle r a .
A o y o d
O rganization, Etc .—Chartered in May, 1894, with authorized capi
tal of $1,000,000 to succeed the Sioux City Street Railway, sold inforeclosure. Capital issued, $630,000.
in 1899 bought all the other Sioux City lines, and now owns and willoperate about 48 miles of road, including the elevated (Sioux City
Transit), the Central Traction, the Riverside Park and the Sioux City
& Leeds Electric. A ll the old securities are to be canceled and a new
issue o f bonds for $750,000 made to run 20 years, bearing 5 per cent
interest. The capital stock of the Sioux City Traction w ill be in
creased to $1,200,000. Consolidation in May had not been entirely
perfected, but the different lines were all being managed b y the same
officers.
O f f ic e r s -— President, J. S. Lawrence; Vice-President and Treasurer,.
Abel Anderson.
S O U T H B R ID G E , M A S S .
P opu la t io n in 1895 w a s 8,250; in 1890 w a s 7,655; in 1880 w a s 6,464.
S O U T H B R ID G E & ST U R B R ID G E ST. RYO rganization , Et c .—Southbridge to Sturbridge, 7*s miles of trolley.
Stock, $60,000; par $100. Dividends, M.-N. On Nov. 1, 1898, paid
2 per cent. Bonds, $60,000 1st M. 20-year gold coupon 5s, J.-J. In
ternational Trust Co., Boston, Trustee. President, Calvin D. Paige.
S O U T H F R A M IN G H A M , M A SS.
SOUTH MIDDLESEX STREET RY.-Trolley.
STOCK & BONDS—
Date.
Interest. Outstand’g.
Maturity.
see below. $100,000
......................
Stock ($100)..............................
1st M., $100,000, gold. 1895
5 g .F -A
100,000
Feb. 1 ,1 9 1 5
Loans and bills payable Oct. 1,1898, $49,000
Interest payable at International Trust Company, Boston.
Dividends: In 1894, 6 p. c.; in 1894-95, 2 ^ p. o.; in 1895-96, 4 p. c^
1896-97, 5J* p. c.; 1897-8, 6 p. o.
R o a d — Owns lS^a miles of track; rails 45 and 50-lb- TEARNINGS—Year ending September 30, 1898, gross, $57,119; net,
$21,086; interest, $7,572; taxes, $1,699; dividends, $6,000.
SPENCER, M ASS.
8,184 ;
P o p u l a t io n in 1895WA8 7,614; rN 1890 w a s 8,747; in 1880 w a s 7,466;
an d in 1870 w as 3,952.
S H A M O K IN & MT. C A R M E L ELEC- R Y .—
W A R R E N B R O O K F IE L D & S P E N C E R ST.
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity.
Stock, $500,000 ($50)................................
$500,000 ......................
Bonds.............................. 1893
6 J-D
500,000 Deo. 1,1923
Bills payable Jne.30, ’98 ........
.........
41,332 ......................
R oad—Shamokln to Logsville, Green Ridge, Mt. Carmel, Cunning
ham and Oentralla, 1 6 ^ miles. For year 1897-98, gross, $47,173; net,
$19,964; interest, taxes and rentals, $37,318; balance, deficit, $17,354.
President, G. M. Smith; Secretary, H. R. Snavely; Treasurer, O. Smith.
R Y . —A trolley road. Population tributary estimated at 25,000.
STOCK & B o n d s —
Date.
Interest. Outsland’g. Maturity.
Stock ($150,00»').................................................. $150,000 .................
1st M., g., $125,000, s. f. f 1896
5g. M-N
125,000 Nov.'i'. i’oi©
aft. Nov. 1,’99 ($1,000) c . ) Int. at Int’l Trust Co., Boston, Trustee.
Sinking fund is $2,000 annually on and after Nov. 1,1899.
R o a d — Owned in July, 1898.20 miles of track connecting Warren,
Brookfield, North Brookfield, Spencer, etc.
EARNINGS—Year ending Sept. 30,1898, gross, $48,441; net, $18,906;
taxes, int., etc., $11,618; balance, surplus, for year, $7,288.
President, N. S. M yrick; Secretary and Treasurer, G. A . Butman.
SH ARO N, PA.
P o pu la t io n 1890 w a s 7,459 ; in 1880 w a s 5,684 ;
an d in
1870
w as
4,221.
VALLEY STREET RAILWAY.— tr lle r a .
A o y o d
STOCK & BONDS—
Date.
Interest. Outstanding. Maturity.
Stock...............................................................
$150,000
........
IstM ., $ 0,000, gold . . . 1892 6g. M-N
*0,000
1912
2d M., $25,000, gold....... 1894 6g. *-J
25.000
1914
Trustee of both mortgages is Union Trust Co. of Pittsburg, P .
a
ROAD—From Sharon through North Hickory and Sharpsville, 4 -45 m.
OFFICERS—President, A. M. Jolly; Secretary, A. R. Leyda, Beaver
Falls; Treasurer, A . Mo <
lowell, Sharon.
S H E B O Y G A N , W IS .
P o pu latio n in 1890 w a s 16,359;
in 1*80
w as
7.314;
in
1870
w as
5,310.
S H E B O Y G A N L IG H T P O W E R & R
o r g a n iz a t io n ,
e
E t c -—Owns 14 miles of trolley and light plant with
71 miles o f wire. Capital stook, $100,000; first mortgage, 5 per cent
($1,000) gold bonds, $225,000, dated 1896, due April 1,1926; interest,
A . & O. at Mercantile Trust Co., New York, trustee. For year 1896
net earnings were $24,900; interest charge $11,250.
O cFlCERS—President, G. B. Mattoon; Vice-President and Manager,
J . M. Saewann; Secretary, E. L. Debeli.
SPO K ANE, W A S H .
P o pu latio n 1890 w a s 19,922; an d in 1880 w a s 350
ARLINGTON HEIGHTS MOTOR R Y . - 2 mile*
of trolley track. Stook, $50,000. First mortgage 5s, M. & S., Franklin
Trust Co., Brooklyn, N. Y. trustee. President, W. Hughson.
CITY PARK TRANSIT.-A tr lle r a .
o y od
ORGANIZATION— Chartered in July, 1889. Franohiseruns till 1919.
Stock, $250,000. “ No incumbrances of any nature on the property ”
Jan. 1,1895.
Road , Et c .—Owns 6 miles of trolley and large public pavilion.
In Feb., 1899, extensions were proposed. President, D. Glass; Secre
tary and Treasurer, C. Glass.
SPOKANE & MONTROSE MOTOR RR.
Road E t c .— Operates 3*4 miles of trolley traok. Stook, $50,000,
par $100. 1st mortgage 6s, M-S, $40,000, due March 1 ,1 90 2 ; Trus
tee, Provident Trust Co. of Boston; Pres, and Gen. Man., C. G. Reeder.
W A S H IN G T O N W A T E R P O W E R S Y ST E M —
SPOKANE STREET RAILWAY, E tc .
R eorganization—Under plan of June 30,1897, stockholders paid
assessment of 10 p. c. in cash, or 40 p. c. in stock (which stock was re
sold), to provide for unpaid coupons, floating debt, etc., and bond
SH ELTON, CONN.
holders had their interest reduced from 6 to 41 per cent. No new
«
P opu lat io n i < 1890 w a s 1,952; in 1880 w a s 1,352.
i
bonds were issued. The Washington Water Power Company controls
the following companies, which, while separate corporations, are
S H E L T O N S T R E E T R A I L W A Y —A trolleyroad.
O r g a n iz a t io n — Incorporated Nov. 12,1895. Op erates 2*s miles of treated as if one property : Spokane Street Railway, chartered Dec. 13,.
track. Extent-ion projected to Bridgeport, thirteen miles, there 1886; Spokane Cable Railway; Spokane Electric Railway.
STOCK & B o n d s — Miles. Date. Interest. Outstand’g.
Maturity.
to connect with the Bridgeport Traction Co., controlled in the same
....................
interest. Stock, $75,000; 80 per cent paid. President, Andrew Stook...................................................................... $500,000 July 1,1908
8pok.Ca.Ry.Co.lstM.,) „ 1888 4Lj(6)g.J-J* 150,000
Radel, Bridgeport, Conn ; Vice-President Gottfried Krueger, Newark,
$150,000,g ,$ l,0 0 0 .cj Subject to call 15 bonds y’rty from July 1 ,1 8 9 3
8pok.8t.Ry.Co.lstM .,) .. 1891 4^(6)g.M -S 350,000 Mar. 1,1911
N. J.; Treas. and Clerk, A. W. Paige, Bridgeport, Conn.
$350,000, g., $1,000. j Subject to call 35 bonds* y ’rly from Mar 1,1901
8Pl°stMe$T0e0 000 £ °< ;L v .
4^(6)g.M -N 100,000 Nov. 2,1911
SIN G SING, N. Y .
Guar. p.&i. (end.)
5 Subject to call 10 bonds* y’rly from Nov. 2,1901
P o pu la t io n in 1890 w a s 9,352 ; in 1880, w a s 6,578 ;
WashingtonW. P .m tge. .. 1889 6
J -J 470,000 July 1 ,1 9 0 3
Edison Elec. HI. Co., > „ 1893 6
J-D 250,000 ......................
AND IN 1870 w a s 4,696.
guar. p. & i...............j Subject to call, 3 per cent yearly at 110.
O SSIN IN G E L E C T R IC R A I L W A Y —
In November, 1897, John V. Cockroft was appointed receiver.
EARNINGS—Years ending June30
Stock $100,000, par $100.$100,000
1898.
1897.
1st mort. 6s, J -D ............. 100,000
G ross................ $18,977 $19,738
Interest in default.
N e t........ ..........
1,694
797
Bills payable, eto., June
6,799
6,799
3 0 ,1 8 9 8 ....................... . 12,257 Charges............
Balance............. df.5,105 df.6,002
ROAD—2*76 miles o f traok.
—V. 65, p. 926.
* The bonds are to be called in numerical order beginning w ith the
bonds of lowest number.
Interest is payable at Franklin Trust Company, Brooklyn, N. Y.
Trustee of the oable mortgage is First National Bank o f Spokane: o f
<
ther mortgages, the Franklin Trust Company.
Road—System consists of 36 miles o f trolley road, the cable
line having been changed to trolley. Rails 30 to 40 lb. T .
STREET RAILWAYS.
86
S T A T E N IS L A N D , N. Y .
S P R IN G F IE L D , IL L
P opu lat io n 1890 w a s 24,963 ; in 1880 w a s 19,743 ;
an d in
1870 was 17,364.
SPRINGFIELD CONSOLIDATED
R
e
o r g a n i z a t i o n -—A
consolidation of the People’ s Electric Railway
and the Springfield City Railway, the latter incorporated Feb. 18,1861.
STOCK & Bonds— Miles. Date. Interest Outstand’g.
Maturity.
.....................
Strk ($750,000 a u th .)....................................... $750,000
People’s Elec. 1st M........... 1891
6 A -0
100,000
Apr. 1,1911
Springfield City Ry. ( 10 1890
6 M-S
125,000
Mar. 1,1910
1st M., la w fu l-?
Subject to ca lla t 105 after Mar. 1,1895
money, $l,000..c. t
Interest at Mercantile TrustCo., N.Y. City.
Springfl’ld Con. Ry. ( 22 1893 te x tJ -D 418,000
June 1,1933
Consol, mort. for < Interest at Columbia Trust Co. (Trustee), Louis$750,000 gold .... (. ville, Ky. June, 1897, interest was paid.
Sufficient bonds o f ’93 are reserved to retire all prior liens at maturity.
Of the $525,000 outstanding $107,000 are held by the Treasurer.
Adjustment—In September, 1897, floating debt was $63,000, and
consol. 5 per cent bond coupons due Dec. 1,1897, were canceled and
interest on bonds reduced for 1898 and 1899 to 3 per cent and for
1900 and 1901 to 4 per cent, the bondholders receiving 10-year 4 per
eent scrip for the interest scaled. See V. 65, p. 730. In Feb., 1899,
floating debt had been reduced to $53,000.
Road—In Feb., 1899, owned 24 miles of trolley track in the City of
Springfield. Rails 40 and 60 lb. T.
EARNINGS— For 1898, gross, $121,432; net, $47,101. For 1897, gross,
$105,123; net, $41,560.
OFFIC E RS.- President, William Jarvis; Vice-President, B. Wilson;
Treasurer and Gen. Man. C. K. Minarv. V. 65, p. 730 V. 67, p. 224.
S P R IN G F IE L D , M A S S .
P o pu la t io n in 1895 w a s 51,522; in 1890 w a s 44,179;
in 1880 w a s 33,340, an d in 1870 WAS 26,703.
S P R I N G F I E L D S T R E E T R Y . —A trolley road,
O rganization .—Incorporated March 5,1868.
Maturity.
STOCK—
Date. Interest. Outstanding.
Stock $1,200,000 ($100) ........
Text.
----Text.
$1,458,400
Bonds (subject to ca ll)
, , * _n
300.000 April 1,1910
aft. Apr. 1,1900).......{ 185,0
Bonds (subject to c a ll) ,
A _0
200.000 April 1,1916
aft. Apr. 1 ,1 9 1 1 )..., 5 ayt> ^
U‘
DIVIDENDS—In years 1893 to 1898, inclusive, 8 per cent per annum.
ROAD.—Owns 66-995 miles (including 11*535 miles second track) of
main track and 4*39 miles of sidings; total Oct. 1,1898,66*995 miles. In
O ctober, 1898, extension to West Springfield, 10 miles, proposed.
EARNINGS.—For years ending Sept. 30 earnings have b een :
1897.
1898.
1897. I
1898.
Gross earn’ gs ..$ 5 “3,050 $554,312 Divs. pd. (8 p .c,).$93,336 $93,336
4,876
N e t.................... 152,651 151,587 I Bal. for yea r....
1,869
Taxes, e t c . .. . . . ) gy
gg 375 I
3^* 263,161 165,442
Interest. . . . . . . 5
’
OFFICERS— President, John Olmsted; Secretary, Gideon Wells: Treas
urer and General Manager, A. E. Smith.—V. 66, p. 135, 762, 860.
S P R IN G F IE L D , M O .
P o pu latio n 1890 w a s 21,850; in 1880 w a s 6,522;
AND IN 1870 Wa S 5,555.
SPRINGFIELD TRACTION CO.
O r g a n iz a t io n .— Successor in 1895 to Metropolitan Electric Ry.
"Stock, $400,000. Bonds $300,000. Said to operate 15*8 miles of track
on 12 miles o f streets. President, Charles M. Parker.
S P R IN G F IE L D , O H IO .
S P R I N G F I E L D R A I L W A Y —A trolley road,
o-r-nrk A Bonds—
Date. Interest. Outstanding. Maturity.
$1,000,000
...............
'Stock (par $100)................................................
1st mort., $500,000, gold..
1893 4 (6) J-J
500.000 Jan. 1,1933
Interest at First Nat. Bank, Springfield, O.
2d M., income, $150,000................
5
95.000
...............
Interest on firsts was reduced temporarily in 1897 from 6 to 4 p. c.
R o a d — Owns in fee 25 miles of track. In Feb., 1899, extension of
Ha miles under construction.
EARNINGS— Calendar year 1898, gross. $94,662: net, $46,646; int.,
$20,000; bal., $26,646. In 1897, gross, $77,280; net, $32,302.
OFFICERS— President,W. B. McKinley; Vice-President, G. F. Duncan;
•Secretary and Treasurer, S. L. Nelson.
S P R IN G F IE L D , V E R M O N T .
P o pu latio n 1890 w a s 51,693; in 1880 w a s 38,991
IN 1870 w a s 33,029.
NEW YORK & STATEN I. ELECTRIC CO.ORGANIZATION—This company in December, 1897, increased its
stock from $500,000 to $1,500,000, and purchased the stook o f the
Staten Island Electric RR., one of the considerations for the sale being
the guaranty o f the latter’s 1st moitgage bonds, principal and inter
est. Bonds are $500,000 50-year 1st mort. gold 5s, dated June 1,
1897, $1,000 each, int. J-D . at Guaranty Trust Co., N .Y . Central
Trust Co., N. Y., trustee. For 6 mos. ending Dec. 31,1898, gross,
$112,774; net, $30,372; charges, $12,500; betterments, $27,723. In
1897, gross, $78,184; net, $23,490.
President, Samuel Thomas; Vice-President and Treasurer, J. H.
Swinarton; Sec., W. E. Findley, 80 Broadway, N. Y.—Office, West New
Brighton, N. Y.—V. 66, p. 857.
STATEN ISLAND ELECTRIC RR--Trolley.
O r g a n iz a t io n —Incorporated under the laws of the State of New
York December 11,1894. Owns a through line from South Beach to
Holland Hook, where, by means of a ferry, it connects with the Con
solidated Traction Co. of New Jersey, and with a belt line around St.
George and a spur up the Richmond Turnpike to Silver Lake. The
company also controls one-half of the $1,000,000 stook of the Rapid
Transit Ferry between St. George and New York, and owns all the
rights and franchises of the Staten Island Belt Railway.
STOCK & BONDS—
Date. Interest. Outstand’g. Maturity.
Stock, $1,250,000.............................................. $1,250,000 ....................
is tM V
51895 5g.,M -N
1,250,000 May 1,1945
1st m ., g., $1,250,000, gu.. ^ Trustee, Knickerbocker Trust Co., N. Y.
1st consol, mort., $2,000,-< 1896 5g.,M -N
$750,000 May 1,1946
000, gold.......................o* ( Trustee, Guaranty Trust Co., N. Y.
Consols cover all franchises and property, and also, subjeot to the
first mortgage of 1895, $260,000 stook of the N. Y. Investment & Im
provement Co. now deposited with Knickerbocker Trust Co. as trustee
of first mortgage. Of the consols, $1,250,000 will be reserved for the
retirement of the firsts, and the balance used for extensions.
R oad—Road from South Beach to Holland Hook, 10*7 miles; branch
to Richmond Ave., 6*36miles; second track, 12*13 miles; total track.
29*23 miles; 90-lb. girder Cambria and 84-lb. girder Johnson steel rails.
L atest Earnings io mos., ; 1 8 9 8 -9 ....Gross, $163,991; net $36,092.
July 1 to April 30.
; 1897-8.. Gross,$148,257; net, def., $5,313.
EARNINGS—For 6 mos. ending Dec. 31,1898, gross, $115,844.; net,
$38,915; charges, $50,000; betterments, $4,057.
OFFICERS—President, J. H. 8winarton, West New Brighton, N. Y.;
Sec. and Treas., W. E. Findley, 80 Broadway, N. Y.—V. 65, p. 1222.
STATEN ISLAND MIDLANDR R . - A trolley road.
ORGANIZATION—Chartered Dec. 1, 1890. On Aug. 19,1895, reor
ganized without change of name. In May, 1898, acquired the line of
the Staten Island Traction Co., and was merged with it.
STOCK & Bonds—
Date.
Interest.
Outstand’g. Maturity.
Stock, $1,000,000..............................................
$1,000,000
...............
1st mortgage, $1,000,000,5 1896
5 g. J-J
1,000,000 Jan. 1,1926
gold ($1,000)...............c* t Int. at Farmers’ L. & Tr. Co., N. Y., trustee.
Loans and bills payable Nov. 1,1898, about $80,000.
Sinking fund after 5 years but bonds cannot be called.
R o a d — Owns 28 miles of track, including second traok, 10*34
miles; sidings, 9*33; rails 65 to 70 lb. T rails and 90 lb. girder.
EARNINGS— Year ending June 30,1898, gross, $123,259; operating
expenses about $75,000; fixed charges, $50,000; other interest about
$4,000; def., about $5,741.
OFFICERS—President and Gen. Man., W. B. Rockwell, Sec., H. T. Wal
ter, West Brighton, S. I.; Treas., Richard Wetherill, Chester, Pa. Gen
eral offices, Stapleton (S. I.),N . Y.~ V. 62, p. 504.
STOCKTON, C AL.
P o pu latio n in 1890 w a s 14,424 ; in 1880 w a s 10,282.
STOCKTON ELECTRICR R . —A tr lle r a .
o y od
STOCK & B o n d s —stock (1); 1st M. 6 s , A-O, $150,000; due 1917;
trustee, California Safe Deposit & Trust Co. Owns 12 miles of traok.
OFFICERS— President, Joseph Fyfe; Secretary, H . J. Corcoran.
S T R E A T O R , ILL.
P o pu la t io n 1890 w a s 11,414; in 1880 w a s 5,157
and in 1870 w a s 1,486.
S T R E A T O R R A I L W A Y —A trolley road.
IN 1870 WAS 2,937.
RECEIVERSHIP—Sold under foreclosure Oct. 7,1898, to Receiver O.
SPRINGFIELD ELECTRIC RY.— tr lle r a S. Barr, the principal bondholder.—V. 67, p. 843.
A o y o d
.
STOCK & Bonds—
Date. Interest. Outst’d’g. Maturity.
ORGANIZATION.— Completed in 1896 from Springfield to Springfield
Station, 5*3 miles, and work stopped for want of funds; about $100,000 Stook.......................................................................5 $250,000 ¿.................. .
1st M „gold ($1,000)...c*&r. 5 1891 6 g .J -J 1
160,000 ¿ ¿ ’.15,1911
needed to complete the road to Charleston, making 6 miles in.
Jan.,’ 95, coupon unpaid.. ( Trustee is Farmers’ Loan & Trust, N. Y.
Capital stock, common, (auth.) $75,000; issued $53,300; guaranteed
ROAD— Owns 5 \ miles of track. Rails 56 lb. girder
6 per cent stock, $45,000: none issued. 1st mortgage for $100,000 of
OFFICERS-— President, P. F. Barr.—V. 63, p. 970; V. 67, p. 843.
5 per cent gold $500 and $1,000 coupon bonds dated Sept. 1,1896,
-flue Sept. 1,1916. Trustee, International Trust Co., Boston. President,
Adna Brown; Treasurer, C. E. Richardson—V. 64, p. 1043.
P o pu la t io n in 1890 w a s 2,881; in 1880 w a s 3,144;
SUNBURY, PA.
ST A M FO R D , CONN.
P o pu la t io n 1890 w a s 15,685; in 1880 w a s 11,297;
an d in 1870 w a s 9,714.
S T A M F O R D S T R E E T R R . —An electric road.
O rganization —Incorporated Feb. 24,1886. Control was obtained
"by the New York New Haven & Hartford RR. in 1895.
c Tnri/. RnNns Etc —
Date. Interest. Outstand’g. Maturity.
S t f î £ $ iw ;0 0 0 ’ ($50)‘.......................................
$92,240
..................
lstm ôrtgagé, $75,000 auth. 1886 5 F-A
75,000 Aug. 1,1909
Oct. 1,1898, bills payable...............................
146,627
..................
ROAD—11 ’25 miles of track. Electricity introduced in 1895.
F a r m in g s — In year ending September 30,1898, gross, $48,561; net,
$8,980; taxes, $1,500; interest, $3,750. In 1896-97, gross, $40,266.
OFFICERS.— President, Col. N. H. Heft, New Haven, Conn.; Secretary
and Treasurer, W. L. Squire.
P opu lat io n 1890 w a s 5,930; in 1880 w a s 4,077;
in 1870 WAS 3,131, an d in 1898 ( estim a ted ) 10,000.
SUNBURY & NORTHUMBERLAND ELRY.
ORGANIZATION—Chartered June 24,1885, as Sunbury & Northumberand Street Railway. Reorganized May 28,1892, after judicial sale.
STOCK & Bonds—
Miles. Date. Interest. Outstand’g. Maturity.
Stock, $125,000 (par $50)...................................... $125,000
............
First mortgage, gold........c* 3*2 1892 6 g. J-J
65,000
............
Loans (unsecured) July 1,’98 ..............................
24,600
............
R o a d — Owns 3*9 miles of trolley in Sunbury and Northumberland.
EARNINGS— For year 1897-8 gross, $19,354; net, $3,959; Interest and
taxes, $4,013. Pres., Daniel Coolidge; Sec. and Treas., S. P. Wolverton
S U P E R IO R , ’W IS . —S West Superior
ee
.
87
STEEET RAILWAYS.
S Y R A C U S E , N. Y .
P o pu la t io n 1890 w a s 88,143; in 1880 w a s 51,792;
an d in
1870
w as
43.051.
SYRACUSE RAPID TRANSIT RY.—
'
ORGANIZATION—Incorporated May 21,1896, per plan in Y. 62, p. 644.
In 1899 acquired East Side Traction.
Maturity.
STOCK & Bonds—
Date. Interest. Authorized.
Common stock.......... ................. ..
.........
$2,750,000
Preferred6p.c.,non-cum ............
.........
1,250,000
People’s RR., 1st mtg....... 1891
5J- J
750,000 jan , Ì,Ì9 2 Ì
Mort. g g g g * . g o ld .-1 1896
5g.M-S
2,500,000 Mar. 1,1946
Guaranty Trust Co., N. Y., trustee.
1903
Loan sec.by 2d M. bonds. 1898
.........
200,000
Tbe Rapid Transit mortgage of 1896 is for $3,250,000, of which
$750,000 o f bonds is reserved to retire the People’s RR. firsts. In
Oct., 1898, obtained temporary loan from directors of $200,000 for
improvements, secured by 2d mortgage bonds as collateral.
EARNINGS—For 6 mos. ending Deo. 31, 1898, gross, $237,503; net,
$105,687; other income, $1,936; charges, $89,402; surplus, $18.221.
For year ending June 30,1897, net, $178,074.
R oad—The length o f the lines is about 65 miles. In Jan., 1899, ex
tension to East Syracuse reported to be proposed.
OFFICERS—President, W. P. Gannon; Vice Prest., E. W. Moore; SecandTreas., T. H. Conderman.—V. 68, p. 525, 774.
E A S T S I D E T R A C T I O N —Successor in Jan., 1899, to
the Syracuse & East Side Ry., foreclosured on Dec. 29,1898. Y. 68, p.
87. The road is owned by Syracuse Rapid Transit.
TACOM A, W A S H .
P opu la t io n 1890 w a s 36,006; in 1880 w a s 1,098.
TACOMA RY- & POWERORGANIZATION— Incorporated in Feb., 1899, in New Jersey, “ to fur
nish electricity from water power to the factories and street railroads
o f Tacoma.” The new company took over all the street roads in
Tacoma. Incorporators: C. H. Coster. Bird S. Coler, T. Jefferson
Coolidge, Jr., Samuel Carr, S. Endicott Peabody, Gordon Abbott,
Charles E. Cotting of Boston and others. V. 68, p. 284, 873.
STOCK & B o n d s —
Date. Interest. Outstand’g.
Maturity.
Com. par $100, $2,000,000..
............ $2,000,000
.................
M., g., ($1,000) $1,500 ..o* > 1899 5g A.&O. 1,100,000 Ap. 1,1929
not redeem before mat. 5 Int. at Old Colony Trust, Bost., trustee.
Road—Owns 51’75 miles of track.
OFFICERS—President, Gordon Abbott, Boston; Sec., I. S. Keeler, 44
Broad, New York; Treas., R. T. Paine, Boston.
TAUNTON,
M ASS.
P o pu latio n in 1895 w a s 27,115; in 1890 w a s 25,448; in 1880 w as
21.215 AND IN 1870 WAS 18,629.
PROVIDENCE & TAUNTON STREET R Y Control has passed to “ Massachusetts Electrical Companies.”
ORGANIZATION—Owns trolley road from the centre of Providence
to and through Taunton, about 13 miles. Trackage from Taun
ton over Brockton Bridgewater & Taunton Street Ry. to Brockton.
Operated from June 25, 1898. Stock, $175,000; all outstanding.
Bonds, $200,000 1st mort. 20-year gold 5s, dated Sept. 1,1898, $1,000
each, Amer. Loan & Trust Co., Boston, Trustee; issued $150,000,
$50,000 being held by trnstee, to be issued for new property. On Jan
2,1899, dividend o f 21 per oent was paid.
*
TAUNTON STREET R A I L W A Y —Atrolley r a .
o d
ORGANIZATION —Incorporated Feb. 12, 1870. Is included in the
general consolidation of roads in Eastern Massachusetts. See Massa
chusetts Electrical Companies under Lawrence.
STOCK & Bonds— Date. Interest. Outstanding. Last divid'd, etc
Capital stock ($100)................................
$350,000
Deo., 1893
1st mortgage..........
1894 5 J - J
350,000
Jan. 1,1915
Debentures................ 1894
5 M -S
200,000
Mar. 1,1914
Cur’nt liab’s Oot.1,’98 ........
........
93,700
..................
Interest at American Loan & Trust Co., mortgage trustee, Boston.
Road—Owns and operates about 17*1 miles of main track (measured
as single track) and 1*3 miles o f sidings and switches.
A nnual R e p o r t — For years ending Sept. 30:
Tear Sept. 30— 1898.
1897. 1
1898.
1897.
Gross earnings...$70,452 $81,632 Int., taxes, e tc ..$36,442 $32,935
Net....................... 32,230
30,064 I Balance......... def. 4,212
2,870
TAUNTON & BROCKTON STREET RY —
ORGANIZATION —Commenced operations Sept. 4,1897; stock, $100,000; first mortgage bonds, 5s, Aug. 1917, $100,000; State Street Trust
Co., Boston, Trustee. Operates 17-64 miles of trolley track. Presi.
dent, Sylvanus M. Thomas. In July, ’ 98, paid 2 p. c. div.; in ’99, Jan.,
2 p. c.
___________
T E R R E H A U T E , IN D .
P o pu la t io n 1890 WAS 30,217; in 1880 w a s 26,042;
AND IN 1870 WAS 16,103.
E l e c t r ic L ig h t C o n t r a c t .— The company in 1894 secured the con
tract (through the Citizens’ Electric L. & P. Co., owned and operated>
for lighting the entire city by electricity under a 50-year franchise,
net profit estimated to be above $12,000 per annum aside from com
mercial profit. On August 1, 1897, the company was furnishing 53&
arc lights and equivalent of 11,000 lamps: also 125 H. P. to m otors
for power purposes. Bonds outstanding on light plant $ (1)
S t e a m H e a t in g C o .—The Electric Railway also owns the Terre
Haute Steam Heating & Power Co.
R o a d — Operates 23 miles of track, including 4 miles double track and
2 miles sidings. Rails are 60 and 72-lb. T rail.—V. 68, p. 333, 929,
T H O M P S O N V IL L E ,
C O N N.
P o pu latio n in 1890 w a s 4,663; in 1880 w a s 3,794.
ENFIELD & LONGMEADOW ELECTRIC
R Y . —A trolley road.
ORGANIZATION— Incorporated Feb. 11, 1895. Miles of track, 8‘36.
Stook, $500,000; outstanding, $116,700; par, $100. Bonds, $150,000’
20-year coup. 5s, due Nov. 1,1916, interest M&N at New Haven Trust
Co., New Haven, Conn., trustee; outstanding, $100,000. For 9 mos.
ending June 30,1898, gross, $20,855; net, $6,328.
President, Chas. E. Graham; Treas. and Man., Lyman A. Upson,
Thompsonville, Conn.
___
TOLEDO,
O H IO .
P opu lat io n 1890 w a s 81,434; in 1880 w a s 50,137;
AND in 1870 w a s 31,584.
TOLEDO TRACTION COMPANY-A
trolley road
ORGANIZATION— Incorporated in May, 1895.
On July 1, 1896.
acquired by consolidation all the property, rights and franchises, etc.,
of all the street railways in the city; also controls the Toledo Consolidated Electric Co.,which owns and controls practically all the electric
lighting and power business in the city, and the underground conduits.
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
Common stook, par $100................................. Éa
$4,000,000
2,000,000
................
Pref., 6%, non-cum.,par $ 1 0 0 ........
6 p. c.
Tol. Con. St. 1st M., $1,000.. 1885
6 J-J
300.000 Jan. 1 , 190G
2d mortgage, ($500)......... 1887
6 J-J
114.000 Jan. 1,1900
Interest at Blair & Co., 33 Wall St., N. Y.
Tol. Consol. Street Railw ay! 1889
5 J-J
1,086,000 July 1,1909
consol, mort., currency, >Interest is payable at Blair & Co.; Metro$1,000, o., 65imiles..........) politan Trust Co., Trustee, N. Y. City.
Toledo Electric Street Ry ( 1892 5 g. F-A
700,000 Feb. 1,1912
1st m ort.,33 miles,gold-? Interest at Blair & Co., 33 Wall Sty N. Y.
$1 ,00 0 ....................... c* ( Security & Trust Co., trustee, N. Y. City.
Tol. Traction consol. M., )
1896 5 g . J&J 3,465,000 July 1,1909
$6,000,000g.,($1,000) o* 5 Interest at Guaranty Tr. Co., N.Y., trustee.
Bonds—Of the new consolidated mortgage 5s o f 1896 for $6,000,000,
$2,200,000 are retained to retire divisional prior lien bonds when
due. The mortgage covers all the railway, subject to the divis
ional liens of *2,200,000. and is a first lien on the new Central
Station and other realty. The bonds are further secured by the deposit
of $1,000,000 par value of 1st mortgage bonds and entire capital stock
of Toledo Consolidated Electric Co. The bonds of this issue reserved
for future extensions can be issued only at the rate of 75 per cent o f
the actual cost of such improvements.
L atest Earnings—July i to Dec. 31,1898:
Gross.
Net income.
Charges.
Surplus.
$515,338
$238,704
$139,595
$99,119
REPORT—Year ending June 30 the earnings have been as follows :
Gross.
Net.
Charges.
Bat., sur.
1897-98...................... $921,167
$366,624
$266,140
$100,484
Road—Track, 97-80 miles. Cars (closed, 124; open, 110 trailers, 39)
273.
OFFICERS— President, Albion E. Lang, Toledo; Vice-President, Thos.
H. McLean; Sec., Barton Smith; Treas., John B. Dennis—V. 63, p. 1116.
TOLEDO BOWLING GREEN & FREMONT
RAILWAY—A trolley road. Stook, $500,000; outstanding,.
$160,000; par, $100. No bonds in Dec., 1898. Miles of track, 20,
extending from Perrysburg to Merville. Operated jointly with T o
ledo & Maumee Valley Ry. President, F. J. Hoag; Sec, and Treas.,
Edwin Jacoby.
TOLEDO & MAUMEE VALLEY RY-— r lle .
To y
O rganization, Et c .—Chartered in 1894 to build a street railway
from Toledo to Perrysburg and Maumee. Capital stook is $300,000.
First mortgage is for $300,000 of 5 per cents, dated 1895, due 1920;
interest M. & S., at Metropolitan Trust Co., New York, trustee.
R o a d —Owns 14 miles of track, entering Toledo over tracks of
Toledo Traction Co., 8 miles, under perpetual traffic agreement; 56-lb.
rail; 14 cars. The Toledo Perrysburg & Fremont Electric RR. forma
an extension. Pres., A. K. Detwiler; Sec., G. K. Detwiler, 106 Summit St.
T O L E D O M A U M E E & PERRYSBURG
ELECTRIC R R . —A trolley road. Incorporated Feb., 1894.
Stook, $150,000. Bonds, 1st mortgage 25-year 5s, $300,000, dated
March 1, 1895, interest M-S, $1,000 each; Metropolitan Trust Co.,
New York, trustee. President and General Manager, J. K. Tillston;
Secretary and Treasurer. Frank M. Ohl.
TOLEDO & MONROE RY-— be atrolley road.
To
STOCK & Bonds—
Date Interest. Outstand’g Maturity.
Stook, $450,000 (par $100)....................................
(?)
...............
ORGANIZATION— On Oct. 18, 1897, Joshua Jump was appointed re
OOrt
0001 ¿ 1898 Knlok
D.
1st nr &
Co., N. June 1 ,’ 18
ceiver (see V. 65, p. 825,1025), and fore closure sale to take place June i at M., g „ $450,000 ($1,000).. i Int at 5g.J.— Tr$450,000 Y., Trustee.
21,1899. Will be bought in by Stone & Webster, who have acquired
Road—Toledo to Monroe, 23*2 miles, under construction. Projected
to Detroit; also to Dundee, Mich. Kails, 70-lb. T ; stone ballast.
from the bondholders the 1st and 2d mortgage bonds.
STOCK & Bonds-—
Date. Interest. Outstanding. Last Div., etc
Common stock.........................
$300,000
1
-T O P E K A , K A N .
Preferred stook, 6 p . o . | .......
200,000
^®ee tex^‘
P o pu la t io n 1890 w a s 31,007; in 1880 w a s 15,452;
Receiver’ s certificates...........................
32,254
...............
an d in 1870 w a s 5.790.
TerreH au.St.Ry.lstM. $ 1892
6 J-J
400,000
July 1,1912
TOPEKA RAIL WAY— o
M stly tr lle .
o y
Ill.Tr. & S. Bk., Trus. t Interest due Jan. 1,1898, in default.
Date. Interest. Outstanding.
Maturity.
Terre Ha. El Ry. 1st M. 5 1894 6 g. Q.—J
$542,000
July 1914
S tock & Bonds—
Stock, $1,250,000 ($100). ...........................
$1,250,000 f.p..................
$1,000,000$1,000, g.o* \Jan., 1898, interest not paid.
1892 4^2 g. M-S 1,100,000 May 1,1922.
DEFAULT —Interest due Jan. 1,1898, on 1st 6s of 1892, and consol
Topeka Ry. 1st M.
Interest at J. Kennedy Tod
City,
6s of 1894 was not paid. Y. 66, p. 84,185.
($1,100,000) g. ($1,000) o. Trustee is Manhattan Trust &Co.,N.Y.City.
Co., N. Y.
Latest Earnings—First annual report of receiver, in Y.67, p. 1306,
ROAD—Owns 33*2 miles of trolley, laid with 35 to 52 pound rails.
for year ending Oct. 31,1898, show s: Gross, $154,804; operation and
OFFICERS—President and Treas’r, C. C. Baker; Sec’y, J. G. Slonecker.
construction, $140,619.
TERRE HAUTE ELECTRIC RAILWAY—
88
STREET
RAILWAYS,
In 1896 issued the debentures for floating debt, etc.
The “ Capital stock leased roads” includes Troy & Cohoes stock
$50,000, dividends under lease 7 p. c. yearly; Lansingburg & Cohoes»
and in 1880 w a s 75.110
$15,000, dividends under lease, 7 p. o. yearly; Troy & Lansingburg,
T O R O N T O R A I L W A Y —See S t r e e t R a il w a y S u p p l e $700,000, owned by Troy City R y .; total, $765,000. The Waterford <
fe
m e n t for February, 1899.
Cohoes RR., $25,000 stock, receives 7 p. o. yearly under lease.
DIVIDENDS—Dividends of 5 per cent per annum to Deo., 1896, in
T O R R IN G T O N , C O N N .
clusive; in 1897, Sept., 1 p. c.; Deo., 1 p. c.; in 1898, Mar., 1 p. o.; June.
P o pu la t io n in 1890 w as 6,048; in 1880 w a s 3,327.
1 p. c.; Sept., 1 p. o.; checks are mailed. The December, 1898, and
TORRINGTON & WINCHESTER ST- R Y - March, 1899, dividends were passed pending adjustment of damage
ORGANIZATION—Incorporated in 1897 under special act. Operated claims from accident on Sept. 5,1898.
from July 1,1897. Serves a population of about 20,000.
R o a d — Operates track in Troy, extending to Lansingburg, Green
STOCK & Bonds—
Date. Interest. Outstanding. Maturity. Island, Cohoes and Waterford.
Stock, $200,000 (par $100) ......................... $200,000 f. p.....................
Length o f road owned.
Miles. Total tracks owned............... 21*59
1st mortgage, $150,000, < 1897 5 g. J-D
150,000
Deo.1,1917 Main line (single track)...
10*15
Length o f lines leased
Miles.
gold............................... o* \Int. at Hurlburt Nat. B k , Winsted, Conn. Branches...............
3*72
3*52 Troy to Cohoes. . .........
*51 Lansingburg to Cohoes......... 1*1
Union D epot.......................
Trustee of the mortgage is State Treasurer of Connecticut.
Second track......................
7*41 Waterford to C oh oes............ 1*88
R o a d —Torrington to Winsted, 13 miles of trolley, of which 10 miles Wgt. of railperyd.,631 to 9 3 1
a
albs. Second track and sidings....... 3*00
built on private right-of-way. Equipped with 56-lb. 4-in.T rails.
L atest Earnings.—July 1 to March 31, nine m onths:
EARNINGS— Nine months ending June 30,1898, gross, $24,202; net,
9 mo8.— Gross.
Net.
Oth. income. Int..tax.,die. Bal.,surp
$8,636; interest, $5,008. Three months ending Oct. 1, 1898, gross, 1898-9....$414,567 $177,013
$5,247
$106,995
$75,265
$17,023;; net, $9,587.
1 8 9 7 -8 .... 390,320 177,247
5,945
106,318
76,923
LATEST Earnings— 5 Gross.
Net income. Oharges.
Surplus.
A nnual R eport .—Annual reports show. (See V. 67, p. 9 5 1 ):
July 1 to Dec. 3 i, 1898: t 51$5,388
$238,704 $139,558
$99,119
Yr. end. Junejo. 1898.
1897.
1898.
1897.
O fficers—President, W. B. Ferguson; Secretary, S. A. Herman; Gross earn’gs..$526,066 $518,975 I Dividends___ $80,000
I
$50,000
Treasurer, C. A. Richardson.
N et.................. 247,679
232,434 Bal., sur. year 30,107 46,664
Other income..
4,744
7,319 Total surplus
June 3 0 ....... 60,786 164,762
Int., taxes, etc. 142,316 137,089
T R E N T O N , N. J.
Pres., C. Clemin8haw; Sec. andTreas, J. J. Hagen.—V. 67, p. 9 5 1 .
P opu la t io n 1890 w a s 57,458; in 1880 w a s 29,910;
an d in 1870 w a s 22,874.
TORONTO,
CANADA.
P o pu latio n 1895 w a s 174,309; in 1890 w a s 160,141;
NEWTOWN & DELAWARE RIVER TRAC
TION COMPANY— be a trolley road.
To
TUSCALOOSA, A L A .
O rganization , Et c .—A reorganization in November, 1897, of the
East Penn. Traction. Company intended to build between Trenton,
N. J., and Yardley, Newtown, Morrisville and Doylestown, etc., Fa.
President, Lewis A. Conwell. Office, No. 1345 Arch Street, Philadel
phia.—V. 65, p. 925.
P o pu latio n 1890 w a s 4,215; in 1880 w a s 2,418.
TUSCALOOSA BELT RAILWAY—steam road.
A
O r g a n iz a t io n — Chartered July 5,1889.- Stock, $100,000; 1st mort
gage, 5s, gold, J - D , $100,000, due June 1, 1918. Interest is payable
in New York at Knickerbocker Trust Co.
Operates about 6 miles road. President, W. C. Jemison; Sec. and
NEW YORK & PHILADELPHIA TRACTION Treas., John T. Cochran; Gen. Man., J. W. Woolfolk, 15 Wall St.
ORGANIZATION— Chartered July, 1894. On Jan. 1, 1898, had out
standing $25,000 o f full-paid capital stock; bonds, none; other debts,
$180,000; and owned 3 miles of track In Oct., 1898, control acquired
U T IC A , N. Y .
and since operated in the interest of the Brunswick Traction Co. In
P o pu la t io n 1890 w a s 44,001; in 1880 w a s 33,914;
October, 1898, the only line in operation was between Bound Brook
and in 1870 w a s 28,804.
and Raritan, 7 miles. In Deo., 1898, obtained additional franchise to
FRANKFORT & UTICA ST. Y . - T o be a trolley road.
R
build % mile line in Bound Brook. President, Gottfried Krueger;
ORGANIZATION— Chartered Feb. 6,1895, Road to extend from FrankVice-President; J. Blair MacAfee; Sec., Edward H. Radel. Office, New
'fort to Utica, 7 miles, with extension to Herkimer, there connecting
Brunswick, N. J —V. 59, p, 115; V. 61, p. 113.
with the proposed Little Falls < Herkimer. To be built in the spring
&
of 1899. On August 8, 1898,
obtained permission from
PRINCETON & TRENTON TRACTION—
O r g a n iz a t io n — Incorporated on Jan. 14,1899, to build trolley road the Railroad Commissioners to change system to overhead trolley
from Princeton to Trenton, 12 miles. Stock, $200,000. In Feb., stock, $70,000; paid in, $7,000. President, John V. Quaokenbush,
1899, contract was reported let. Incorporators—Geo. A. Vanderbilt, Sec., Nelson J. Davis; Treas., Clinton Beokwith.
Princeton; Julius Garst, Elmer E. Carpenter and Harry F. Lincoln,
UTICA BELT LINE STREET R .-Trolley.
R
Worcester, Mass.; Charles W. Shippee, Boston.
ORGANIZATION— Chartered June 18, 1886, and owns the principal
street car lines in Utica and adjoining villages. It leases and operates
TRENTON STREET RAILWAY— r lle .
To y
O rganization—Formed June 29, 1898, by consolidation of the a portion of the Clinton & Binghamton Railroad at a-rental of $15,000,
Trenton Passenger Ry., Mulberry St. Pass. Ry., Pennington Ave. the lease being dated 1886 and running 99 years. In February, 1897
the stockholders voted to lease the railroad and parks o f the Utica
Pass. Ry. and Ewing Pass. Ry. See also Trenton Traction Company.
On Feb. 1,1899, the consolidation of the electric companies of Tren Suburban Ry. for 99 years; rental interest on its 5 p. o. bonds. E x
ton went into effect under the title o f the Trenton Gas & Electric Co., tension of the Utica Suburban Ry. from Genesee Street, New Hart
the officers being the same as those of Trenton St. R .—V. 68, p. 284; ford, to Forest Hill Cemetery, in operation and projected to Rome.
STOCK & Bonds— Miles. Date. Interest. Outs'd’g.
Maturity•
STOCK & BONDS—
Date. Interest. Outstand'g.
Maturity, etc
Stock, $1,000,000, p. $ 5 0 ......................... $1,000,000 ............................ Com. ($150,000) ($100)..........................................$150,000f.p.
Pref. ($150,000) ($100).......................................... 150,0(»0f.p.
Tr. Pass. First mort.......)
( $100,000
1906 to 1915
$1,000,000, g o ld ........
($10,000 due yearly Sept. 30) 1st M. ($500,000) gold.............. 1889 5 M-N 500,000 Nov. 1, ’39
200,000 Jan.1,1931
$1,000 each, c*.........
$150,000
1916 to 1925 2d M. ($200,000) gold, o . . . . . . 1891 5 J - J
Interest at Nat. Meohan. ) 1891 6g.A -0 ( ($15,000 due yearly Sept. 30) Utica Suburban 1st M.)
•
gold, $50,000, guar. > . . . .. . 1897 5 g.M -S
50,000
1937
Bank, Trenton,N. .T.
I $100,000
1926 to 1930
($500 each)................ )
($20,000 due yearly Sept. 30)
J
[ $650,000
Sept. 30,1931
Interest at N. Y. Security & Trust Co. (trustee), N. Y. City.
Consol, mort., gold.......$ 1898 5g.J-J
$552,000
July 1,1938
Stock—Preferred stock is non-cumulative and only entitled to div i
$2,000,000.................. ( Int. in Phil. & Trenton; Gir. L. Ins., <&c., trus.
$60,000 ............................ dends when earned as follows: For two years from May 1st, 1896, at
Other debts (July 1,1898)..........................
5 per cent and thereafter at 6 per cent.
Cost road and equipment to Jan. 1,1898, $2,696,199.
Bonds—2nd M. bonds draw interest for 4 years from July 1st, 1894, at
BONDS—Of the consol. 4s o f 1898. $1,000 000 are reserved to retire
the 1st 6s, and $448,000 are held in the treasury for future extensions. 4 p. c., and there after at 5 p. c. Sec, mtge. bonds are $500 each.
ROAD—In January, 1898, Trenton Pass. Ry. owned and operated
ROAD— Lines Leased.
Miles, i
Lines Owned.
Miles.
8 4 miles o f track. The new tracks have 90-lb. Johnson girder rails
Yorkville to Upper M ills........1*75 Main lin e ................................. 6*38
Has power house of sufficient dimensions to operate the system and Main street to New Hartford. .3*801Branch..................................... 1*60
Also to light the city. Extension of 2 mllesproposed in 1899.
-------“
“
to Whitesboro___3*791
Total of all......................... 22*23
EARNINGS.— Year,
) 1896...... gross, $225,074; expenses, $223,705 Sidings (owned and leased___5*00 I
Jan. 1 to Dec. 31.51895......gross. 222,761; expenses, 220,990
L atest Earnings—July l to March 3 1 ,9 months:
OFFICERS—President, Henry C. Moore; Vice-President, Thomas C.
Gross.
Net.
Oth. inc. Int., taxes, <S Bal.,sur.
c.
Barr; Secretary and Treasurer, Jno. L. Kuser.—V. 68, p. 284, 475.
1898-99.......$153,834
$48,488
J$320
$41,811
$6,997
1897-98....... 145,515
50,187
479
38,511
12,154
A nnual R e p o r t .— For years ending June 30, earnings have been
TRENTON TRACTIONORGANIZATION -Supposed to own stock in the Trenton Street Ry. V.
1897-8.
1896-7.
1897-8. 1896-7.
G ross..............$192,836 $1*6,887 T a x e s .................. $4,044
$4,037
■60, p. 44. Traction stock, $500,000; paid in, $150,315; par, $100.
Net................... 52,196
60,225 Rentáis................16,250
15,000
Interest........... 31,853
30,636 Balar ce, surplus.
49
10,552
T R O Y , N. Y .
OFFICERS— President, John W . Boyle; Secretary,EdwardBushinger;
P o pu la t io n 1890 w a s 60,956; in 1880 w a s 56,747;
Treasurer, Chas. W. Mather.—V. 63, p. 5 0 3 ; V. 65, p. 5 6 8 .
and in 1870 w a s 46,421.
UTICA & MOHAWK RAILROAD—
TROY CITY R A I L W A Y - M o s t l y electric.
Control changed hands May, 1899, and road to be extended to a
ORGANIZATION—Chartered Jan. 31,1866. Contipls by lease the Troy
& Lansingburg RR., which in turn leases the following: Troy & Cohoes connection with the Frankfort & Utica.
STOCK» Bonds, Et c .— Miles. Date. Interest. Outstand’g. Maturity.
Ry., Lansingburg & Cohoes Ry., Waterford & Cohoes Cos.
Stock, $250,000, par $50....................................... $58,100
..................
STOCK & Bonds .— Date.
Interest.
Outstand’g
Maturity. 1st mortgage, gold...................... 1890 5 g. J-J 75,000 July 1,1910
Stock ($100).........................
5 Quar. $2,000,000
8ee text. 2d mortgage, $35,000............... 1896 6 M-N
20,000 Nov.1,1910
Troy & Lansingburg > 1888 5
A- O
37,000
Apr. 1,1898
Bills payable Mar 31,’9 9 ............................... .
24,475 ............... .
consol, mortgage.. > Interest at Mutual National Bank, Troy.
R o a d — Owns from Genesee Street to Utica Park, 2% miles; sidings
Troy & Lansb. m ort... 1888 5 A -O
42,000
Apr. 1,1903
T roy City lstcon .M .,) 1892
5 g. A -O
1,921,000
Oct. 1,1942 0*33 miles; total, 3*08 miles; also parks valued at $45,869.
g. ,$2,000,000..c*<fcr 5 Interest paid by Trustee, Central Trust Co., N.Y.
EARNINGS— For year 1897-98: Gross, $26,423; net, $2,216; fixed
charges,^$7,235 ; balance, def., $5,019.
DS e
call MfyC , W 9 8 } 1895' 6 6 M“N
l
260’000
1900-1901
Debent, (refunding). 1897
5 Q-F
200,000
May 1,1901
OFFICERS— President, James F. Mann; Secretary, William E. Lewis*
STREET
RAILWAYS.
89
STOCK & BONDS—
Date. Interest.
Outstanding.
Maturity.
8tk,$12,000,000 ($100) ........
Text.
$12,000,000
See text.
1st M „ $1,000,000....... 1898
5 J-J
See text.
Jan. 1,1905
These bonds are to be used as collateral to seoure the necessary ad
and in 1870 w a s 3,008.
vances for the changes and improvements in the rapid transit system
CITIZENS’ R A I L W A Y . —A trolley road.
and in the route or alignment of the company’s roads.—V. 66, p. 38.
STOCK & Bonds—
Bate. Interest. Outstand'g.
Maturity
Dividends—la. 1895,1 p. c.; in 1896, S^p.o.; in 1897, July, 60 cents
Stook.................................................................... $350,000
....................
1st mortgage, currency... 1890 6 A-O
350,000
Oct. 1,1910 per share; Oct. 1,65 cents; in 1898, July 1, 75 cents; Oct. 1, 75 cents j
Trustee Is St. Louis Trust Company of St. Louis, Mo.
in 1899, Jan., 75 cents; Apr., 75 cents.
Road—Operates about 19 miles of track. V. 66, p. 84.
Road—Underground trolley (since Apr.’98) double traok,17*98 miles.
OFFICERS—President and General Manager, H. C. Scott.—Y. 66, p. 84*
EARNINGS— Decrease for 1897 is attributed to the resumption o f
horse power after the fire which destroyed the power house.
1896.
1897.
1898.
$1,036,165
$908,839
Gross reoeipts.............
$993,177
W A K E F IE L D . M ASS.
379.911
202.042
336,637
Net earnings ............
none
none
Interest charges..........
22.597
P o pu la t io n in 1895 w a s 8,304; in 1890 w a s 6,982;
379.911
202.042
314,040
Balance for dividends
IN 1880 WAS 5,547; an d IN 1870 WAS 4.135.
419,873
209,958
Dividends paid............
269,961
MYSTIC VALLEY STREETR Y - - A trolley road.
OFFICERS—President, G. T. Dunlop; Vice-President, C. C. Glover;,
ORGANIZATION.—Operates 6 % miles of track, extending from StoneSecretary and Treasurer, C. M. Eoones; Chief Engineer and Superin
barn to Arlington. In 1898 purchased Arlington & Winchester Street tendent, D. 8. Carli. General office,Washington.—V 66, p. p. 38.
By. Stock, $90,000; all outstanding; par, $100. Bonds, $60,000 gold
5s, dated Jan. 2,1899, int. J-J at American Loan & Trust Co., Boston,
CITY & SUBURBAN RAILWAY Trustee. Pres. Chas. F. Woodward; Sec. and Treas., Geo. A. Butman.
ORGANIZATION, Et c .—Chartered in July, 1898, by A ct of Congress,
as successor of Eckington & Soldiers’ Home Bailway. Purchased
WAKEFIELD & STONEHAM ST. RY-T r o lle y Maryland & Washington franchise and also that of former Col. <
fe
Acquired by the combination known as the Massachusetts Eleotrical Maryland from the District Line to Laurel.—V. 66, p. 1000. See alsoCompanies.
full statement in V. 67, p. 370.
STOCK & Bonds—
Date. Interest. Outstanding. Maturity.
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity.
Stock, $300,000, $100 par............... 6 p. c.
$150,000
Text.
F -A $1,750,000 ......................
Stock, $1,750,000; par, $50.............
1st mort. $150,000 gold...c. 1895 5 g.M - S
150,000 Mar. 1,1915 1st Mort., $1,750,000, gold ) 1898 5g.F-A 1,500,000 Aug. 1,1948($1,000 each)..................... ) Int. at Balt. Trust & Guar. Co., Trustee.
The whole issue is redeemable at 105 after March 1,1900. Interest
at American Loan & Trust trustee, Boston. Dividends year 1894-95,
Bonds, E t c .— The bonds have a sinking fund of $25,000 yearly
6 p. c.; in 1895-96, 6 p. c.; 1896-97, 5 p. c.
from any surplus remaining after payment of 6 per cent on the stock,
Road—Owns 15*42 miles of track,laid with 50-lb. T rails, in towns of butoann otbe called. Interest has been deposited with the trustee
Wakefield, Stonehaoi, Beading, Saugus and Melrose,ail in Massachu covering the period o f construction, including ohange of motive power.
setts. The extension, Beading to Stoneham, was opened May 26.1895.
R o a d — Owns and operates about 33*24 miles of track. To be e x
Latest E a r n in g s — From Jan. 1 to March 31,3 months, gross, $9,959
in 1899; $10,344 in 1898. For year ending Sept. 30, 1898, gross, tended at once northwardly from distriot line through suburbs o f
$62,063; net, $26,146; charges, $14,343; dividends, $7,500.
Washington, etc., to Berwyn, Md. Also projected from Berwyn to
Laurel. The underground trolley will be in use in the city and tho
overhead trolley on the suburban lines.
OFFICERS—President, Thomas J. Hayward; V.P. and Eng., W. Keslev
W A S H I N G T O N , D. C.
Schoepf; Sec., Dana Stevens; Treas., S. C. Cooper.—V. 67, p. 74, 370,.
633.
P o pu la t io n 1890 w a s 188,932; in 1880 w a s 147,293;
an d in 1870 w a s 109.199.
C O L U M B IA R A I L W A Y — cable road.
A
A syndicate headed by the United States Mortgage < Trust Oo. has
£
STOCK & Bonds—
Date. Interest. Outstand’g. Maturity.
acquired all the leading tines in Washington, except the Oapitol Trac Stock ($400,000) ($50) Miles.
.........................
Q-M $400,000
See text.
tion, but details o f the combination not yet perfected—see Ch r o n ic le ,
6
1894 6 A-O
500,000 Oot.1,1914
A pril 2 q. page 824 , and also May 2 7 . The name o f the company will be 1st M. ($500,000) our. Int. at American Seo. & Trust Co., trustee.
Notsubjeotto call.c.
the Washington Traition dt Electric.
Ext. M., $500,000, g.............
1898 5g.A -0
(?)
Oct. 1,1914
N otsubjeotto calLo. Interest at Amer. Seo. & Trust Co., trustee.
ANACOSTIA & POTOMAC RIVER RR.
O rganization—Stockholders have recently voted to increa e stock
The 5s of 1898 are to be issued by May, 1899, to meet cost o f ohange
to $2,000,000, and to create a new mortgage for $3,000,000 for the to underground electric system, extension, etc.—V. 67, p. 788.
purpose of absorbing other roads. Mr. Stevens, the President, is a
Dividends—1889 to February, 1895, 6 per oent year; in fiscal year
leading spirit in the projected combination of all the Washington roads. 1895- 6 paid5 p. o.; in 1896-7, 5 1 p. 0.; in calendar year 1897 6 p. 0.;
«
STOCK & Bonds—
Miles. Date. Interest. Outstand'g. Maturity.
in 1898, 6 p. o.
Stock au.,$100,000 ($50) ....................................$50,000 f.p.....................
R o a d — Owns 5*6 miles o f road and 8*4 miles of track. The m otive
.«M . *200,0«0,g„ld..c-p»'« 1891 ® * ^ $ & g f e l g g l
power in 1895 was changed from horse to cable. To be converted
2dM .,$100,000,currency ........ 1892 6 J - J
100,000
1912 into an underground eleotrio road and extended easterly along the
3d M „ $50,000............................. 1895 6%
50.000 ............... Benning road to the District boundary.
Road —
13*40 miles of horse road and traokage rights over 1*98
EARNINGS— For calendar year 1898, gross, $171,397 ; net, $70,295 ;
miles; total December 31,1898,15*38 miles.
Interest and taxes, $37,336; dividends, $24,000; balance, $8,909.
OFFICERS—President, F. 0. Stevens.—V. 68, p. 426, 773, 824.
Fiscal Years. Oross.
Wet.
Int. < taxes. Dividends. B a l , surw
£
1896-7............. $149,270
$60,962
$35,567
$22,000
$3,395
BALTIMORE & WASHINGTON TRANSIT.—
1895-6............. 134,030
56,535
35,260
20,000
1 275
ORGANIZATION.— Operates a trolley road extending from Takoma
O f f ic e r s — President, Nathaniel Wilson; Vice-President, E. G. Davis;
to Sligo, opened September, 1897, and by a traffic agreement with the Sec. and Treas., Theo. J. K in g .-V . 67, p. 788 ; V. 68, p. 572,619, 773.
Brightwood Electric runs cars into Washington, where transfers are
given to city lines. In May, 1898, extension was proposed to Sandy
GEORGETOWN & TENALLYTOWN RYSpring, M d„ 12 miles. Stock, $100,000; par, $50. First mortgage,
O rganization—Controlled in same interest as City & Suburban..
$500,000, Guardian Security Trust & Deposit Co., Baltimore, Trustee.
STOCK & Bonds—
Date.
Interest.
Outstand’g. Maturity.
$200,000 ......................
Pres., T. Wm. Harris, Baltimore, Md.: Act. Sec’ y, Henry W. Williams. Stock, par $50..................................................
1st mortgage.................. 1894
6 F -A
70,000 Feb. 1 ,1904
2d mortgage.................. 1896
6 F -A
30,000 Feb. 1,1904
BELT RAILWAY COMP AN Y—horse road.
A
Floating debt Deo. 31,18 9 8 ..........................
18,435 ......................
Purchased at f >reclosure Nov. 15,1898, by O. T. Crosby.—V. 67, p.
Am. Sec. & Trust Co. of Wash., D. C., trustee. Interest in default.
1054. 15-4 miles o f track.—V. 66, p. 899; V. 68, p. 426.
E a r n in g s — Calendar year 1898, gross, $24,225; net, $3,527; inter
BRIGHTWOOD RAIL WAY— trolley road.
A
est and taxes and insurance, $7,484.
O rganization—incorporated Oct. 18,1888.
Road—Operates 8*8 miles of traok on 4*2 miles of street.
STOCK & Bonds— Miles track. Date. Interest. Outstand’g. Maturity.
O f f ic e r s — President, O. T. Crosby; Vice-President, J. H. Miller; SeoStock............................................... ....................... $108,500
............ and Treas., W. S. Terry; Puroh. Agent, L. P. Hall.—V. 63, p. 229; V
le t M..........................
12
1892 6 A -O 250,000 Oct. 1,1912
68, p. 773.
General mtges..........
12
1893 6 M-N 100,000 May 1,1913
New M S950 oon i
------1898 5 g. J -J
(?)
July 1,1918
New M., $250,000.. £ colonial Trust Co., N. Y., trustee.
METROPOLITAN R R . —Underground electric.
O r g a n iz a t io n —Incorporated July 1 ,1 8 6 4 .
New M., $500,000.. \ American i 8i*8 h 5 &m
i
+ Co., * +
5
Security 0 Trust «
trustee. 1913
STOCK & BONDS Date. Interest. Outstanding.
Maturity.
Floating debt Deo. 31,1898.................
6 p. o. $84,805.
............
Stock, 20,000 shares,)
. n t 5 15.150 shares. )
Interest at Central Trust Co. (trustee), New York City.
par ($50)..................... ( -----J ) $504,920paid. 5 Bee text*
In Dec., 1898, filed two new mortgages to secure $250,000 and 1st M., $1,850,000, gold < 1895 5 g F-A
1,850,000
Feb. 1 ,1 9 2 5
Not subject to call.c* \ Int. at Balt. Tr. & Guar. Co., Trustee, Balt.
$500,000 5 per cent bonds respectively, to refund, it was thought, the
Collateral trust bonds, (1892 6 J - J
481,000
July 1,1901
existing funded debt, all bearing 6 per cent interest.—V. 67, p. 1355.
convertible................( Int’t at National Bank Bepublic, Washington,
Road—Owns 11*58 miles track on 5 *2 miles of streets, and operates Certs, of indebt...A& B 1896 6 A-O
250,000
Oct. 1,1906
Certs, of indebt............ 1897 J & D
250,000
Juno 1,1907
Wash. Woodside & Forest Glen; total mileage, 15 miles.
First mortgage o f 1895 was authorized by Congress for the sole pur
EARNINGS— Years end. Dec. 31— 1898.
1897.
1896.
1895.
Gross earnings................................. $55,935 $51,080 $49,321 $51,137 pose of changing the motive power from horses to electricity. It co v
Operating expenses and taxes.,... 47,565
42,613 38,301
59,583 ers all the company’ s rights, privileges and franchises, together with
OFFICERS— President, H. S. Cummings.—V. 67, p. 1355.
valuable real estate. This real estate has been appraised at $700,000
and is said to be worth over $1,000,000. A sinking fund from sale o f
CAPITAL RAILWAY--A trolley road.
unused real estate may purchase bonds at not over 110 and interest.
O rganization .—Owns single track road, 1.32 miles in length.
The collateral trust bonds are convertible into stock at option o f
Louis P. Hall is receiver. Stock, $100,000. Bonds, 1st mortgage,
holder at the ratio of one share of stock (par $50) for $100 o f b on d s;
$65,000; second mortgage, $35,000; third mortgage, $90,000. Floatthey are secured by deposit of 5,000 shares of the company’ s stock.
ng debt, Dec. 31,1898, $126,057.
Stock—The stockholders, besides being liable for the portion remain
ing unpaid, are liable under the provisions of the charter for an amount
CAPITAL TRACTION. An underground trolley road.
—
O rganization—In the fall of 1895 absorbed the Washington & equal to their share holdings. In addition to the stock outstanding,
Georgetown and Bock Creek companies. See Y. 61, p. 283,328, 588. 5,000 shares are held by trustees as security for collateral trust bonds •
W ACO, TEXAS
P o pu la t io n 1890 w a s 13,067; in 1880 w a s 7,295;
90
STREET RAILWAYS.
Dividends—From 1868 to October, 1894, inclusive, regular divi
dends were paid, the rate in 1894 being 8 per cent per annum; then
none until September, 1896, 21 per cent; in 1897 paid $76,580; in
s
1898, $74,920 (9-90 per cent).
Road—In Dec., 1898, had 22 miles o f track, all operated by under
ground electric system; 171 motor cars and 128 trailers.
Earnings—F or calendaryear 1898, gross from passengers, $822,439;
other income, $14,379; operating expenses, $395,849; interest, $143,-691; general tax, $37,842; new machinery, construction, etc., $46,7 76; dividends, $74,920; balance, surplus from operations, $138,740.
OFFICERS—President, R. D. Weaver; Treasurer, Wm. J. Wilson,
Secretary, G. B. Coleman. Office, 14 East Capitol Street.—V. 63, p, 459;
V. 68, p. 572, 619, 773, 824.
W A S H IN G T O N A L E X A N D R I A & M O U N T
V E R N O N E L E C T R IC R Y-See A l e x a n d r ia , V a .
W A S H IN G T O N A R L IN G T O N
C H U R C H R Y .— trolley road.
A
&
FALLS
in a position to meet all its fixed charges, to elect a majority o f the
board of directors, the bondholders, in turn having exchanged their
$200,000 o f 6 per cent bonds for a like amount o f 20-year 5s.
STOCK & Bonds—
Date. Interest. Outstand'g. Lastdiv., etc.
Stock (par $100) ($200,000) .......................... $200,000
(1
Prior lien bonds........ ..........
1897 5 M-N
40,000 May 1,1937
Consol mortmgA
5 1897 5 M-N
200,000 May 1,1937
oonsoi. mortgage................ }
American L. & T., Boston, trustee.
Road—Operates 4-43 miles of trolley between Fairfield and Water
ville, and furnishes light and power for miscellaneous purposes.
EARNINGS—For years ending June 30 as follow s:
Gross Railway Railw’y Gross Lt. Ret Lt.
Total Net inc.
o f Ry. op. exp.
net.
< Power, d Power. inc. after int.
&
k
1898.. .$20,208 $13,321 $6,887 $20,021 $9,152 $6,418 $40,229
1897.. . 19,121 16,298
2,823
(?)
(?)
(?)
(?)
OFFICERS—President, I. C. Libby, Waterville, Me.—Y. 65, p. 1027.
W A V E R L E Y , N. Y .
P opulation 1890
Chartered 1894-6-8 as the successor of the Washington & Arlington
Ry. Stock, $100,000; bonds, $100,000 1st 6s, gold, int. J&J. Owns
Aqueduct Bridge to Fort My er, Arlington National Cemetery and
Washington, 21 miles; also to Falls Church, Va., 6 m iles; total, 9
«
miles. Standard-gauge and steam RR. track. Extensions to West
Falls Church and to Columbia pike in progress in Dec., 1898. Pres.,
C. S. Hinchman; Seo.-Treas. and Man., R. H. Phillips.
W A S H IN G T O N & G L E N E C H O R R -
W A V E R L E Y SAYRE
TIO N CO.— . trolley road.
-A
w as
2,270.
& ATHENS
TRAC
ORGANIZATION—Incorporated in 1893; stock, $200,000; 1st mort"
gage, $200,000, 6s, J&J, due Jan. 1,1925; $150,000 issued June 30,
1897. Operates 6 miles of track. Year 1897-98, gross, $10,747; oper
exp. and taxes, $6,554; net, $4,193; int., $2,250; surp., $1,943.
President, A. N. Broadhead; Sec. and Treas., A. C. Wade.
W E B B C IT Y , M O .
R oad—Owns 5*2 miles o f double (11 miles single) track, from Cabin
P opu la t io n 1890 w a s 5,043 ; in 1880 w a s 1,588.
John Bridge to Chevy Chase Circle in District of Columbia.
SOUTHWEST
M ISSOUR I
E L E C T R IC
STOCK & Bonds—
Date. Interest.
Amount.
Maturity.
A
Stock (par $50)...................................................
$250,000
............... R A I L W A Y .— trolley road.
1st mortgage, gold...... o*
1896 6 g . J-D
200,000 June 1,1916
O rganization , Et c .—a consolidation on August 21, 1896, o f the
Interest at Washington L. & T. Co. (D. C.), trustee, also at Stahl & South M. Elec. RR., Jasper County Electric and Joplin & Galena Elec
Straub, Philadelphia.—V. 63, p 716. President, Gustav Stahl, Phila tric Ry. In 1898 the company reported population of places along its
delphia; Sec, and Treas., W. Staelin Stahl.
route as 51,600. In Oot., 1898, control passed into the hands of
Joplin and Harrisburg, Pa., capitalists.
W A S H IN G T O N & G R E A T F A L L S E L E C
Maturity.
Date. Interest. Outstand'g.
S tock & Bonds—
T R IC R Y .— trolley road.
A
..........................
$650,000
ORGANIZATION—In operation from Georgetown to Cabin John Bridge Stock, $650,000, auth......
Mortgages—
—7 miles—Total trackage, 11 miles; all trolley.
Joplin to webb City, Car- } 1893 6g. M-S $200,000 Mar. 1, 1913
terville and Prosperitv, >Subject to call after Mar. 1,1903. Interest
Capital stock Dec. 31, 1898, $86,800; 1st mortgage 6s, $400,000
$200,000, g., $ 5 0 0 ....c* ) at Central Trust Co., trustee, N. Y. City
bills payable, $4,926. In year ending Deo. 31, 1898, gross from
( 1896 frg. J-J
$120,000 July 1,1 92 6
passengers, $40,468; net, $21,298; passengers carried, 998,854. Joplin & Galena Elec. RR. ; Subject to call after July 1,1903. Trustees,
Joplin to Galena, gold. ) Central Trust Co., N. Y., and Mississippi
President, Jacob P. Clark; Vice-President, Stilson Hutchins; Secretary
I Valley Trust Co., St. Louis.
and Treasurer, William J. Dante. V. 68, p. 773.
1896
J-J
$180,000 July
Carterville to Carthage . J Subject 6g.call after July 1,1903. 1,1926
(
to
W A S H IN G T O N & U N IV E R S IT Y R R .- T r o l l e y .
Road—Operates 29'85 miles of track connecting Joplin, Webb City
O r g a n iz a t io n — Chartered in 1898 by A ct of Congress to construct Carterville, Carthage, Prosperity and Galena, Mo.; 2d track, -75 miles.
a road from Washington past the American University to the District In Jan., 1899, extensions to Spring Grove, etc., reported as proposed.
Earnings For year ending August 31,18 9 7 : Gross receipts, $118,line. To be double-tracked, 3 miles in length. Six per eent bonds
to the amount o f $175,000 are to be issued. President, F. C. Kennedy; 179; net after deducting taxes, $53,376; interest on bonds, $27,869.
OFFICERS— President and Treasurer, A. H. Rogers, Joplin, Mo.; Sec
Treas., J. D. Croissant; Sec., D. D. Stone.
retary, A. G. Knisely, of Harrisburg, Pa —V. 67, p. 843.
W ATERBURY
*
CONN.
W E S T S U P E R IO R , W I S .
P o pu la t io n 1890 WAS 28,646; in 1880 w a s 17,806; IN 1870 w a s
10,826, AND IN 1898 (ESTIMATED) WAS ABOUT 40,000.
W A T E R B U R Y T R A C T I O N . —A trolley road.
ORGANIZATION—Organized in 1893, a consolidation of the Connecti<jut Electric Co. and the Waterbury Horse RR. Co. Franchise perpetual.
STOCK & BONDS—
Date. Interest. Outstand’g.
Maturity.
Stock, $1,000,000 ($100)............. Text. Q-J $600,000
See text.
1st mort., $800,000, gold C1893 5 g. M - N
600,000
Nov. 1,1923
Tax exempt in Connecti’t< Sub. to call at 104 and int. aft. Nov. 1,1898
($100 etc).......................(. Trustee, Treasurer State of Connecticut.
Bonds—The mortgage has a first lien on all property and franchises of
the company, including electric-light plant. The $200,000 of bonds
unissued may be used for future extensions.
Dividends—In 1896, July, 1 p. c.; Oct., l p . o . In 1897, Jan., 1 p. o.;
Apr., 1 p. o ; July, 1 p. o.; in 1898, Apr., 1 p. o.; July, 1 p. c.; Oct., 1 p. c.;
in Apr., ’9 9 ,1 p. o.
Road , Et c .—In Oot., 1895, was operating 13 04 miles of road with
14’86 miles of track extending through the city o f Waterbury to Union
City, the borough of Naugatuck, etc. Rails are 60 and 70-lbs. In Jan.,
1899, extension to Beacon Falls proposed.
EARNINGS (including results on Electric Light Plant).
Gross.
Net. Sur. over Ohgs.
5 months
(1898-9.... $116,517
$46,646
$30,698
Oot. 1 to Feb. 28. (1 8 9 7 -8 .... 111,500
49,092
30,835
A nnual R eport —For years ending Sept. 30:
,----------- Gross.------------.
,------------ Net.------------.
1898.
1897.
1898
1897.
Railway..................... $170,539
$145,114
$74,609
$58,964
Electric lights........... 105,106
106,179
47,588
50,447
$275,645
$251,293
Interest and taxes.............................................
Dividends............................................................
$122,197
$42,123
24,000
$109,411
$37,285
24,000
Balance, surplus................................. I___
$56,074
$48,126
OFFICERS—President, D. 8. Plume; Secretary, A. M. Young; Treas
urer, J. R. Smith; General Manager, J. E. Sewell.
W ATERTOW N,
N.
Y.
P o pu la t io n in 1890 w a s 14,725; in 1880 w a s 10,697;
IN 1870 WAS 9,336.
B L A C K R IV E R T R A C T IO N CO —Trolley.
ORGANIZATION—Successor in Deo., 1897, to W atertow n* Brownville
St. Ry. foreclosed. 7 miles of trolley. Stock, $65,000. Pres., Julius A
Lebkueoher, Newark, N. J.; Treas., B. B. Taggart, of Watertown.
W A T E R V I L L E , M E.
P o pu la t io n 1890 w a s 7,107; in 1880 w a s 4,672;
AND in 1870 was 4.852.
W A T E R V I L L E & F A IR F IE L D R Y . & L IG H T
O rganization—I n December, 1897, the stockholders agreed to give
he bondholders the right for five years, or until the company shall be
P o pu latio n o p S u p e r io r 1890 w a s 11,983.
SUPERIOR RAPID TRANSIT Y . - A trolley road.
R
O rganization — A perpetual right of way over all streets in the
heart of the city is held and owned by the company in fee simple.
RECEIVERSHIP—On Jan. 28,1896, S. T. Norveland F. W. Oakley were
appointed receivers.—V. 62, p. 234, 279.
STOCK & Bonds— Miles. Date. Interest. Outstand’g. Maturity.
Stock.......................................................................$1,000,000
..............
1st M., $650,000, g., ( 24
1892 6g. F - A
$250,000 A u g.l, 1912
$1,000 s.f., Ser.A.c* ( Subject to call at 102 and interest Aug. 1,1902
(?)
2d mortgage..........................................................
Interest on second mortgage went to default. See V. 62, p. 279.
Mortgage—Under the mortgage, Series B and 0 ($200,000 each) are
co-equally secured with Series A. Sinking fund ranges from $5,000
Dec. 31,1893, to $20,416 Aug. 1,1912, inclusive, which amounts are
to be annually turned over to the trustee. Operates 26 miles of track.
EARNINGS—For calendar year 1897 gross earnings were $92,370.
OFFICERS—President and General Manager, S. T. Norvell; Secretary
and Treasurer, G. Chadwick.—V. 62, p. 234, 279.
W E S T E R L Y , R . I.
P opu la t io n o p t o w n 1890 w a s 6,813; in 1880 w a s 6,104
an d in 1870 w a s 4,709.
P A W C A T U C K V A L L E Y S T . R Y . —A trolley road.
STOCK & BONDS—
Date. Interest. Outstand’g.
Maturity.
Stock, $75,000, $100 par....................................
$75 000 Nov.’98,2^%
I s t M., $100,000, eold o ^ 1894 5 M~N
1914
1st M $100 000 goia - - c* Int in Boston at Am. 100,000
L. & Tr.(mort. tr’ stee).
Road—Operates 6 miles of track laid with 90-lb. and 50-lb. T rails in
Westerly, R. I., and suburbs, extending to Watch Hill.
Earnings—Y ear 1898, gross, $16,138 ; net, $3,287; interest, $5,362.
OFFICERS—President. William Hoxsey; Sec. and Treas., E. P. Shaw,
Jr.; Gen. Man., E. P. Shaw, .Tr., 53 State St., Boston.
W H E E L IN G , W . V A .
P o pu la t io n in 1890 w a s 34,522; in 1880 w a s 30,737;
and in 1870 w as 19,280.
W H E E L I N G R A I L W A Y — trolley road.
A
ORGANIZATION —Reorganized in 1892. Franchise is perpetual. Com.
pany owns nineteen-twentieths of the capital stock of the Citizens*
Street Railway Company, and leases same for 99 years. The total pop
ulation served, including Wheeling, Bridgeport, Martin’ s Ferry, Bellaire and Benwood, is said to be about 75,000. In October, 1898, the
Bellaire Bridgeport & Martin’ s Ferry Ry. was reported to have been
purchased and new stock and bonds rumored.—V. 67, p. 802. In May
1899, company was suffering from a strike of its employes.
STOCK & Bonds— Par. Date. Interest. Outstand’g. Last div.de.
Stock, par $100, f.p .......................... See below. $700,000 I n ’97, 4*a%
1st mge., $500,000,) 1,000 1892 6 g. M - S 500,000
1912
gold, $1,000___o*) Interest at Central Trust Co., trustee, N. Y. City.
2d M., $200,000.................. 1898
.........
(?)
...................
91
STREET RAILWAYS,
Dividends.—In 18941 p. e.; in 1895, 2; in 1896, 4*2; in 1897,4 1
a.
Road .—Operates 19 miles o f track in Wheeling and suburbs, its lines
extending to Bridgeport, Kenwood and Martin’ s Ferry. In Sept., 1898,
extension o f loop, 1 mile, to the fair grounds completed, and another
extension o f li^o miles in Martin’s Ferry under construction.
EARNINGS—Jau. 1 to Nov. 30 (11 months), gross, $173,029 in 1898,
$152,366 in 1897. For year ending Deo. 31, 1897, gross, $170,318; net,
$76,732; interest and taxes, $32,508; dividends, $31,500.
OFFICERS.—President, T H. Conderman: Sec. and Treas., W. A.
Shirley. Index—V. 62, p. ‘¿ 79; V. 67, p. 647, 802.
MOUNDS VILLE BENWOOD & WHEEL
ING RY.-A tr lle r a .
o y o d
ORGANIZATION—Opened in Deo., 1896, from Moundsville to Benwood, 9 miles of track, connecting at Benwood with Wheeling By.
Receiver was appointed and property resold to original owners and
reorganized under the old name. Stock, $250,000; bonds, $100,000.
President, J. A. M iller; Seo. and Gen. Man., Alfred Pauli.
WILKESBARRE DALLAS & HARVEY’S
LAKE RYORGANIZATION—a reorganization in 1898, per plan in V. 66, p. 1190,
of the Wilkesbarre & Northern RR.,sold b y sheriff in Sept., ’98. Road,
partly constructed, was completed and electrically equipped by new
company from Luzerne, Ha., there connecting with Wilkesbarre &
Wyoming Valley Traction, to Harvey’ s Lake, Pa., 12 miles. Stock
$200,000; bonds, $150,000. Pres., John A. Schmitt; Seo., Theo. S. Bar
ber; Treas. and Gen. Man., John Graham.—V .66,p. 1190; V .6 7 ,p.4 8 8.
W IL L IA M S P O R T , P A .
P opulation 1890
was 27,132; in 1880 was
and in 1870 was 16,030.
18,934;
VALLAMONT TRACTION—
ORGANIZATION— This company was formed May 15,1894, under an
agreement for consolidating the Vallamont Passenger Railway Com
WHEELING & ELM GROVE RR— tr lle r apany, the Junction Passenger Railway Company, the Centre & West
A o y od
.
O rganization—Owns from Wheeling to Elm Grove, 7 ^ miles, of End Passenger Railway Company and the Citizens’ Passenger Railway
which 6 miles double and 1*3 miles single track One mile double Company. Operates the South Side Passenger Ry. Co.; stock, $25,000.
S tock & Bonds— June 3 0,’ 98.
Road—
track to be added to connect with Wheeling Suburban Ry., whose
3‘6
Stock (Val. Trac.)............ $101,700 Owns (65 lb. rails).................
2-mile single-track road from Elm Grove to Triadelphia is operated Current liabilities............ 25,293 Leases 8. S. P. R y..................
1*8
Of
and bonds guaranteed.
Stock, $67,800 common and $160,200 pre- South Side bonds, 6s........................25,000 f ic e r s — Pres., j . B y. Cochran;
Sec. and Gen. Man., E. H. Davis.
ferred. In January, 1898, issued mortgage for $225,000 of 5 per cent Bonds (30-year 6s).......... 100,000
EARNINGS— Year ending June 30,1899, gross
bonds, redeemable in 10 to 30 years; proceeds for double track and net, $4,540; int. and taxes, $8,977. In 189Ö-7, (both roads), $23,455;
gross, $25,217.
extensions. Motive power changed from steam to electricity, and new
power house built in 1898. President, A. Reymann.—V. 66, p. 185.
WILLIAMSPORT PASSENGER R Y .- T r o l l e y .
Earnings—Y ear end. June 30,
S tock & Bonds— June 30, ’98.
1897-98. 1896 -97.
Stock ($600,000)..............$338,550
6s, due May 1.1 91 1 ......... 11,500 Gross................ $69,192 $68,146
W IC H IT A , K A N .
16,562
13,444
6s, due June 1 ,1 9 2 2 ....... 169,000 Net....................
P opulation 1890 was 23,853; in 1880 was 4,911,
2,290
1,633
Bills payable..................... 12,897 T a x e s ...............
9,997
Dividends Jan., 1893, 2 p. c.; Interest............ 10,575
WICHITA RAILWAY LIGHT & POWER- 1893-94, 6 p. c.; none since.
Bal’ce, surplus.
3,694
1,814
—A trolley road and lighting plant.
Road O wned —8 miles; 90-lb. rails.
ORGAN zation —Chartered July 3, 1897, and purchased the prop
OFFICERS—President, H. C. Parsons; Secretary and Treasurer, J. F .
erty of Wichita Electric Ry. & L. Co. Has contract for city lighting. Starr; General Manager, E. H. Davis. Williamsport, Pa.
Charter was renewed in October, 1898, on condition that entire line be
rebuilt by April, 1899, but work not completed then and City Council
W I L M I N G T O N , D EL.
declared the company’ s bond for $10,000 forfeited.
P opulation 1890 was 61,431; in 1880 was 42,478
STOCK & Bonds—
Date. Interest. Outstanding.
Maturity.
and IN 1870 was 30,841.
Stock $500,000, par $100
.........................
$500,000
..................
UNITED POWER & TRANSPORTATION
1st M .,$500,000 ($1,000) 1897 5 g. M-N Nov.’97,none Nov. 1 ,’ 17
gold..................... s. f. c.* 5 Int. at Mass. L. & T. Co., Boston, trustee. CO.— le tr r a s
E c ic o d .
R o a d —Owns 23 miles of trolley track in Wichita, Kansas.
Incorporated in 1899 under New Jersey laws to construct, operate
OFFICERS—President, H. B. Church, Boston, Mass.; Vice-Pres. and and own street railways, power companies, etc., and do a general
Gen. M an., W. Q. Church; Seo. & Treas.. A. C. Jobes.
business (V. 68, p. 929). In May, 1899, had acquired (either for cash
or the issue of collateral trust 4 per cent certificates) the follow ing
roads:
W IL K E S B A R R E , PA .
Wilmington & Chester Traction,
P opulation 1890 was 37,718; in 1880 was 23,339;
United Traction o f Reading,
Lebanon Valley Street Railway,
and in 1870 was 10.174.
Roxboro Chestnut Hill & Norristown,
WILKESBARRE & WYOMING VALLEY
Frankford Tacony < Holmesburg,
te
TRACTION.- An electric road.
Delaware County & Phila. Electric.
ORGANIZATION— Controls all the street railway lines in the Wyoming
The company has also acquired several electric lighting companies.
Valley, Pa., extending from Wilkesbarre to Duryea and Nanticoke on
STOCK a n d b o n d s . —Stock authorized, $12,500,090; present issue,
east side o f Susquehanna River and Pittston, Plymouth, on west side. $3,125,000; shares $25, with $10 called. Bonds 4 per cent collateral
trust certificates, particulars not stated. V. 68, p. 929.
In April, 1899, it was reported that a New York and Boston syndi
OFFICERS.—President. John A. B igg; Vice-Prest., R. N. Carson;
cate had acquired a controlling interest by offering $41 per share for
Seo. and Treas., E. J. M oore.-V . 68, p. 830,929.
stock.
STOCK & Bonds —
Date. Interest. Oulstand'g.
Maturity.
WILMINGTON & BRANDYWINE SPRINGS
Stock (par $100).........................
Text. $5,000,000
' See text.
ELECTRIC RY- A trolley road.
Is tM $1 500 000 cnld J
1891 5g. A -O
1,500,000 Apr. 1, 1921
1st M. $1,500,000, gold. ^Interest at Provident Life & Trust, Phila.
ORGANIZATION—Operated from Dec. 8,1898. Wilmington to Brandy
Collat. Tr. & Mortgage $
1895 5g. J - J
$325,000
Jan. 1,1925 wine Springs, a pleasure resort, to be opened in the summer of 1899, a
$325,000, g o ld ........ ( Int. at Anthracite Sav. Bk., tr., Wilkesbarre. distance of 6 miles. The WilmiDgton & Elsemere Electric Ry. also
Underlying Bonds on Roads Purchased—
Coalville Pass. Ry. bds................................
12,000
..................... passed into the hands of the same owners on Deo. 8, 1898, and it was
Wilkesb. & Surb. bonds.............
5 p. c.
40,000
...................... reported that a syndicate which contemplated building a trolley line
Wilkesb. & W. Side bds................................
35,000
..................... from Philadelphia to Baltimore was endeavoring to obtain control or
Guaranteed bonds—
Pittston St. Car I s t M .)
1893 6g. J - D
$200,000
Dec. 1,1918 purchase the properties. President, R. W. Crooks,Brandywine Springs.
p.&i. uncondit’y guar, s Int. at Real Estate L. &Tr. Co., Philadelphia.
Plymouth B r . C o.lstg old ( 1894 5 g .A -0
$150,000
Oct. 1,1924
WILMINGTON CITY RAILWAY—ee W ilming
S
M.$150,000, guar.p.&i. ) Int. at Anthracite Sav. Bk.,trustee, Wilkesb. ton & Chester Traction .
$10,000 sum. to call in 1904 and $3,000 yearly thereafter.
Wilkesbarre & Kingston ........ 6 F-A
90,000
.....................
WILMINGTON & CHESTER TRACTION—
Wilkesb’re& E . SideRy................................
150,000
See below.
Has been acquired by the United Power & Transportation Co., which
D ividends—I d 1896, Jan., 1 per cent; July, 1 percent.; in 1897,
Jan., 1 p. c.; in 1898, Jan., 1 p. c.; in 1899, Jan., 1 p. o.
s ea o e
e bv.
Road—Comprises 63*60 miles of track, fully described in the
O rganization .—Incorporated March, 1898. Controls all the street
Chronicle o f Feb. 22,1896, page 361.
railway lines of Wilmington, Del., and Chester, Pa., comprising with
C ompanies C ontrolled in S y s t e m —The follow ing table shows the leased lines about 57 miles of track, and with the connecting link,
several companies operated, their mileage, capital stock, and the between Wilmington and Chester, opened in April, 1899, has 66
amount of it owned by the Traction Company, their debt, and finally miles of track. It controls the line from Chester to Media, also the line
the rental payable under 999-year leases; 6 per cent here meaning 6 to Darby, where connection is made with the Union Traction Com
per cent on the outstanding capital stock; and $1 meaning a nominal pany’s line to Philadelphia. In 1898, acquired all the stock of the
rental, the company having only a nominal existence.
Wilmington City Ry. ($517,850) and of the Chester Traction Co.
-------- Stock.------- ,
Name o f Company.
Miles. Issued, Owned.
Debt. Rental. ($500,000). The latter company holds all the stock of the Union Rail
Coalville Passenger Railway 5‘67 $62,400 $33,700 $12,000 6p.o. way Co., $100,000; Chester & Media stock, $35,000; Chester Darby St
Nanticoke Street Railway.. 9 ‘68
12,000
12,000
None.
$1 Philadelphia stock. $65,000; total, $200,000.
Pittst. Moosio & P. V. St. Ry. 1*95 42,000
42,000
None.
$1
STOCK & bonds —
Date. Interest. Outstand’g.
Maturity.
Pittston Street Car............... 8‘82 200,000 200,000 200,000 ........ Stock, $2,000,000; par, $50
Plymouth Street R ailw ay... 6‘00
12,000
12,000
None.
$1
f. p
. . ....................... Listed on Phil.Ex. $2,000,000 ......................
W. P ittston * Wyo. St. Car.. 2-25 30,000
30,000
None.
$1 Coll, tr., gold, $4,000,000) 1898 5 g. A-O 1,705,000 Apr. 1,1918
W ilkesbarre* East S id e "... 5’00 150,000 150,000 150,000 ........
($500 and $1,000 ea.).c* 5 Provident Life & Trust Co., Phila., trustee.
90.000 6p.c.
Wilkesb. & Kingst Pass. Ry. 6‘60 100,000
99,700
Securities (not owned )
40.000 6 p.c.
Wilkesb. & Suburb. St. Ry .. 10-00 100,000
93,500
O F S U B S ID IA R Y L IN E S —
Wilkesbarre & West Side___ 9‘63 100,000
92,450
35.000 6 p.c. W il.CityIstM .,$600,000,) 1891 5 g. M-S
600,000 Sept. 1,1911
gold, $500 each..........o >
Subject to call on or after Sept. 1,1901
U Entire stock and bonds deposited under collateral trust of 1895.
Interest is payable at the Equitable Trust Co., Wilmington, Del.
Latest Earnings—2 mos., )1 8 9 9 ......Gross, $72,567; net, $38,907
Chester Trac. 1st M., gold
Jan. 1 to Feb. 28.
51898......Gross, 7 6 ,7 0 /; net, 44,567
250,000 May 1,1914
($250,000)................... o* 1894 5 g. M-N
Leased to Chest. Tract.—
ANNUAL R eport —Official statement for 1897 was in V. 66, p. 285.
Union Ry. Co. 1st M., gold
Tear end.Dec.31. 1898.
1897.
Tear end. Dec. 31. 1898.
1897.
200,000 Jan. 1, 1913
($500 & $1,000) o ............ 1893 5 g. J -J
Gross earn s...$506,747 $491,289 Taxes, etc...........$68,695 $50,276
Jan.,¡1899
150,000
10 J - J
Chester St. Ry. stock ($5> )
Net.................. 286,844 .272,404
Jan., 1899
65,000
6 J -J
Ches. * Media El. Ry. stk.
Int.onbds.,eto. 125,142
124,829 Burp, foryear.... $93,007 $97,302
100,000 July 1,1913
1893 5 g. J - J
1st M. ($100,000) gold )..
Jan., 1899
OFFICERS—President, B. F. Myers; Secretary, W. G. Eno; Treasurer Ches. Darby & Phila. stock
35,000
6
J -J
125,000 July 1,1913
IstM . ($125,000).gold.. 1893 5 g. J -J
and General Manager, John Graham.—V. 65, p. 152; V. 66, p. 2 8 5 .
92
STREET
Interest on Chester Traction, Union Ry., Chester Street Ry., etc.,
payable at Delaware County Trust Co., Chester, Pa., and interest upon
all the latter guaranteed by Chester Traction Co.
Bonds—Of the collateral trust 5s of 1898, $1,705,000 represents
purchas« o f total stock of Wilmington City Ry., entire capital stock
-of Chester Traction, all stock and bonds of Cordon Heights Ry., and
provides for construction and equipment of new line between Wilming
ton and Chester and improvements. Of the balance $1,695,000 are re
served to retire underlying securities and guaranteed stock, $500,000
for future extensions, etc., and $100,000 remain in company’ s treasury.
Bonds are subject to call at 103 after Apr. 1,1914.
OFFICERS—President, C. M. Clark; Vice-President, E. J. Moore;
secretary and Treasurer, C. Ford Stevens.—V. 68, p.. 620, 929.
RAILWAYS
Road—Owns Worcester to Millbury, 8 miles track; Worcester via
Leicester to Spencer, 15 miles track; operates Worcester < Blaokstone
&
Valley Street Ry., 5-3 miles, under an agreement expiring June 1,
1900. An extension of the latter to Worcester, it was said, would be
built in the spring o f 1899.
_ E a r n in g s — For year ending Sept. 30, 1898, gross, $154,367; net,
$49,824; interest, taxes, etc., $30,271; dividend (4 per ot.), $21,700;
balance, deficit, $2,147; 1896-7, gross, $144,758; net, $45,032; inter
est, taxes, etc., $26,082; balance, surplus for year, $18,950.
OFFICERS—President and Gen. Man., Edwin L. Watson; Secretary
and Treasurer T. T. Robinson.—V. 60, p. 481.
W O R C E S T E R T R A C T I O N —A trolley road.
ORGANIZATION—Organized in 1893 and purchased the entire capital
WILMINGTON & NEWCASTLE ELEC. RY.—
stock of the Consolidated Street Ry Co. of Worcester, consisting of 31*2
S tock & Bonds—
Date
Interest. Outstand'g. Maturity.
miles o f track laid with 85-pound steel.
STOCK AND BONDS—
Par. Interest.
Outstanding.
Maturity•
Common stock....................... ..................
$3,000,000
None paid
Preferred stock cumu-)
6 F-A
2,000,000 Feb. 1,’99,3%
lative............................5 Red. at 105 and accrued div. on 3 mos. notice.
Debentures of Ry. Co. guaranteed—see Worcester Consol. St. Ry.
O fficers—President, T. C. B arr; Vice-President, O. H. Clark, Jr.;
Treasurer, E. J. Moore.
W I L M IN G T O N , N. C.
( 1 ) WORCESTER CONSOLIDATED STREET RY.—A trolley road
P o pu la t io n 1890 w a s 20,056; in 1880 w a s 17,350;
O r g a n iz a t io n — Incorporated 1869. Capital stock all owned by the
a n d in 1870 w a s 13,446.
Worcester Traction Co., which guarantees principal and interest o f the
debentures. The road is now fully equipped eleotrioally.
WILMINGTON STREETR Y .- T r o l l e y and steam road.
STOCK & B o n d s . —
Date.
Interest. Outstan'ing. Matur’ y,(6e,
ORGANIZATION— Chartered Feb. 10,1887. - Franchise runs till 1937,
Capital stock, $100...........................
Text. $700,000
Text.
«n d gives exclusive rights to operate street railways in the city.
1st mort. bonds.....................................
5
150,000
1907
Par. Date. Interest. Outstanding. Maturity Debentures, gold.......o* )
S tock & Bonds—
1894
5 g. F-A.
500,000 Feb. 1,1914
Common stock............ $100 ......................... $100,000 f. p .................
Subjecttocall at 102*2 j Guaranteed p.&i. by Worcester Traction Co.
1st pref. 6 p. c. cum ..
100 .........................
40,000 f. p ............... .
Real estate mortgages........................
5
$4,500 On demand
2dpref. 6 p. c. cu m ...
100 .........................
60,000 f. p.................. Float, debt (net) Oct. 1,’98 ...............................
13,400
................
150,000 Apr. 1,1920
Mort, gold $150,000.o ^ 5% 1895 6 g A -O
D iv id e n d s .— > For 1891-92. 1892-93. 1893-94.
Since to 1899.
Trustee, State Trust Co., New York City.
4
10
3*2
8 p. o. per an.
Per cent............>
R o a d — Owns 4*78 miles of trolley road and 1*2 miles of steam road.
ROAD— On Sept. 30, 1898, was operating 43’77 miles o f track i n
R e p o r t —Y e a r 1898, g ro ss, $47,250; n e t, $16,114.
Worcester and vicinity, of which 33-89 miles was owned, 9'33 miles
OFFICERS—President, H. A. Whiting; Sec. and Treas., J. W. Martenis. leased and -55 of a mile trackage. Leases the Worcester & Shrewsbury
Street Ry., etc., 4*2 miles. Rails 85 pounds steel. Extension through
Millbury to Grafton, 10 miles, was to be completed by Deo. 1,1898.
A n n u a l R e p o r t — For years ending Sept. 30 earnings have been:
W I N S T O N , N. C.
1898.
1897. I
1898.
1897.
P o p u l a t io n 1890 was 8,018; in 1880 w a s 2,854;
Gross eam g’s.$537,873 $508,856 |Dividends..........$56,000 $56,000
and in 1870 w a s 443.
Neteam ings.. 143,620
123,041 Bal.,sur. for year 15,296
367
66,674 |
WINSTON-SALEM RAILWAY & ELECTRIC Int.,taxes, etc. 72,324
—A trolley road. Combined population of Winston and Salem in 1897
(2) NORTH END STREET RY.—A trolley road.
stated at about 15,000.
L ease —In 1895 leased to Worcester Consol. Street Ry. for 99 years.
Rental now $8,000 yearly. V. 61, p. 518.
O rganization, Et c .—Incorporated in 1891 for 90 years.
Road , E t c .— Owns 5*13 miles o f track. Capital stock, $110,000 (par
STOCK & Bonds
Date. Interest. Outstanding. Maturity.
$100). First mortgage, $75,000,1895, due Feb. 1,1915; int. at 5 p. o.,
Stock ($300,000) ($100)......................................... $150,000
............
F. & A. Dividends—I n ’ 95-6 2'65 p. c.; ’ 96-7, 3*2 p. C.; ’97-8, 3*2 p. c.
1 « M. ($250,000) gold ($1,000) } ^
$ & & & , ¿ 2f K . Y ?0 W .
S to c k ...............................................................
$150,000
...............
1st M., $150,000, gold. $2,-< 1896
5 g.F -A
150,000 Aug.1,1926
000 an., $500 &$l,000.o* \ Interest at Real Estate Trust Co., Phila.
Operates trolley road about 8 miles long.
Pres., F. H. Treat; Sec., R. 8. Martin; Treas., C. P. King.
R o a d — Owns 8% miles of track, and also operates 100 arc and 2,500
incandescent lights.
OFFICERS—President, J. H. McClement; Vice-President, F. J. Spraguf;
Secretary and Treasurer, R. G. Day. Office, 44 Broad St., N. Y. City.
W O O N S O C K E T , R . I.
Y O N K E R S , IN. Y .
P o pu latio n 1890 w a s 32,033; in 1880 w a s 18,892;
and in
1870
w as
18,357.
YONKERS R A I L R O A D . —A trolley road.
O rganization — Sept., 1898, sold to the Union Ry., which guar
In
antees $1,000,000 bonds, principal and interest, this guaranty being
accepted by the Third Ave. RR. See New York.—V. 67, p. 635.
STOCK & Bonds—
Date.
Interest. Outstand’g. Maturity.
WOONSOCKET STREET RAIL WAYStock, $1,000,000 ($100)............................... $1,000,000
.......... ........
ORGANIZATION—Incorporated June 4,1886. Stock, $140,000; bonds. 1st mtge., $1,000,000, gu. 1896
5 A -O
1,000,000 Apr. 1,1946
$200,000; unfunded debt June 30,1898, $145,693; 12-79 miles of track.
Road—Owns 10 miles of track, main line; second track, *2 m ile;
EARNINGS—For year ending June 30, 1898, gross, [$55,547; net, sidings, *2 mile; total, 11 miles. In Oct., 1898, it was reported that
the road would be double-traoked at once.
$13,008; interest, etc., $18,469; balance, deficit, $5,461.
OFFICERS—President, Edgar K. Ray; Secretary, Willard Kent; Treas
A nnual Report—Fiscal year ends June 30.
urer, Walter Whittlesey, Chelsea. Mass.
Yr. end. June 30. 1898.
1897. I
1898.
1897.
Gross earnings.$115,851 $104,671 Interest........ ) aqk aaa $30,000
Net....................... 37,268
24,305 I T axes..............( $30,wee
4,627
W O R C E S T E R , M ASS.
Other incom e...
417
.........|Balance.............. sr.1,699 df.10,322
P o pu la t io n in 1895 w a s 98,767; in 1890 w a s 84,655;
—V. 62, p. 462, 644; V. 63, p. 5 5 8 ; V. 65. p. 5 1 5 ; V. 67, p. 635.
in 1880 w a s 58,291; an d in 1870 w a s 41,105.
P o pu la t io n 1890 w a s 20,830; in 1880 w as 16,050;
and in
1870
w as
11,527.
WORCESTER & BLACKSTONE VALLEY
STREET RY-— tr lle r a .
A o y od
O r g a n iz a t io n — Owns 7-12 miles of trolley.
Opened Aug. 14,1897.
Road located in Millbury, Sutton, Grafton and Northbridge. Capital
«took, $60,000; bonds, none. In February, 1898, Worcester & Subur
ban Street Ry. agreed to operate the line until June 1,1900, operating
expenses to be borne equally by both companies. An extension to
Worcester, it was reported, would be built in spring of 1899.
Y O R K , PA.
P opu lat io n 1890 w a s 20,793; in 1880 w a s 13,940;
and in
1870
w as
11,003.
YORK STREET R A I L W A Y —A tr lle r a .
o y od
STOCK Et c .—
Date. Interest. Outstanding. Last Div., etc.
Stock $200,000 ($50)..............................
$165,800f. p.
(See text.)
5
137,200
1926
1st mortgage............... 1896
Dividends.—1895-96 about 4 p. c.; 1896 97, 3 p. e.; 1897-98, 2*2 p. c.
Road—Operates 11*4 miles of track, laid with 45 and 70 lb. rails.
WORCESTER & CLINTON STREET RY-—
Earnings—For years ending June 30:
O r g a n iz a t io n .— Constructed in 1898. Stock, $150,000; all paid in.
1898.
1897. I
1898.
1897.
In Deo., 1898, obtained permission from Mass., RR. Commissioners to G ross..................$55,842 $51,268 |Interest & taxes.$8,058
$9,482
795
1,130 I D ividends.......... 4,161
4,994
Issue $115,000 5 per cent 20-year gold bonds. President, Alex. 8. Other income__
N et....................... 16,180
9,581 |Balance........ sur. 3,961 def.4,895
Paton; Secretary and Treasurer, W. R. Dame.
OFFICERS—President, W. H. Lanius; Vice-President, D. K. Trim
WORCESTER & MARLBOROUGH ST. RY.- mer; Secretary, G. S. Schmidt; Treasurer, Chas. H. Mayer.
O r g a n iz a t io n — Owns 17 miles of trolley track in Worcester, Shrews-bury, Northborough, Westborough and Marlborough. Line opened
June 30,1897. Stock, $200,000. Bonds, $200,000, are 1st mortgage
Y O U N G S T O W N , O H IO .
20-year gold 5s, dated Oct. 1,1897; Amer. Loan & Trust Co., trustee.
P o pu latio n 1890 w a s 33,220; in 1880 w a s 15,435;
Permission was granted in Deo., 1898, to increase capital stock to
and in 1870 w a s 8.075.
$245,000, to pay floating debt. On Feb. 1,1899, a dividend of 3 per
MAHONING VALLEY R Y . - A trolley road.
cent was paid. In 1897-98, gross, $65,643; net, $22,855; interest
O r g a n iz a t io n —Organized as Youngstown Street RR. Dec. 10,1873,
and taxes, $13,931; div., 6 p. c., $12,000; def. for year, $3,077. Pres’ t, and consolidated with the Mahoning Valley Ry. December 1,1896. On
G. H. Whitcomb; Treas’s, 8. Reed Anthony, 53 State Street, Boston.
April 1,1899, acquired the Mineral Ridge & Niles Electric Street Ry.
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
WORCESTER & SUBURBAN STREET R Y - Stock.............................................................. $1,500,000
...............
A trolley road.
Youngstown Street Ry. ( 1891
6g. M-N
300,000
May 1,1911
1st mortg’e, $300,000, <
Subject to call at par after May 1,1901
ORGANIZATION—Chartered in 1894 and absorbed the Worcester Lei
g o ld ..................... c*«fer { Interest at Central Tr. Co., trustee, N. Y. City.
cester < Spencer and the Worcester & Millbury companies.
fe
Mah.Val. Elec, mortg’e, 5 1897
5 J-J
600,000
July 1,1917
STOCKi BONDS, E t c . —
Date. Interest. Outstand'g. Maturity, etc.
$1,200,000 gold........ t Trustee, Central Trust, New York.
Stock, $550,000’($100)..................................... $542,500
See text.
The mortgage o f 1897 provides for refunding and for improvements
1st M., $200,000,g. ($500) o* > 1895 5 g. M-N 200,000 May 1,1915 and extension to Niles.
red. at 104 aft. May 1,1900 > Int. at International Trust, Boston.
ROAD—The new company operates about 26 miles of track,
Current liabilities Oct. 1,1898, $101,098.
OFFICERS—President.
Cleveland: Vice-President, J. G.
Dividends—1894-5, 3 p. o.; in 1895-6, 4 p. o.; in 1896-7, 4*3 p. c.; in Butler, Jr.; Secretary. J.B. F. Miles,Treasurer and General Manager,
E. McVey;
1897-8, 4 p. o.
A. A. Anderson—V. 63, p. 924; V. 64, p. 83.
INDEX
TO
93
RAILWAYS.
A B B R E V IA T IO N S , E t c .
The terms and abbreviations employed in this-SupPLEMENT are explained in the following
:
“ STOCK & BONDS’’ —Under these words are shown—
“ ST O C K ” —The amount of stock authorized Immediately follows the word “ stock” , and against this is the par value of single shares, viz.:
«* Stock, $200,000—$100” , means stock, total issue authorized hy charter or by act of legislature, $200,000, divided into shares of $100 each;
“ f. p.” following the amount given as outstanding means “ full paid.”
“ pref.” means “ preferred stock.” “ Pref. 6 p. o. cum.” means preferred stock entitled to dividends of 6 per cent per annum, such dividends
if not paid accumulating, all dividends due and unpaid to be paid in full for each and every year before the common stock receives anything.
“ Pref. 6 p. c. non-cum.” means simply that the stock is entitled to 6 per cent per annum if earned, but that if unearned in any year the dividend
for that year will not be paid subsequently.
“ BONDS” _“ Mort.” or “ M.” means mortgage. “ Consol.” or “ con. M.” means consolidated mortgage. “ Gen. M.” means general m ort
gage. The amount next following is the total authorized amount that can be issued under the mortgage. The word “ gold” is usually spelled
out, but in some instances is contracted to “ g,” while “ cur.” means currency.
“ Conv.” means convertible into stock. “ S. f.” means sinking fund. “ o.” means coupon; “ c.* ” means coupon but may be registered as
to principal; and “ c.*&r.” means that registered certificates without coupons as well as coupon bonds are outstanding. The letters * p. m.
mean per mile, so $15,000 p. m. means that the issue of bonds is restricted to $15,000 for each mile of track. “ Guar.” means guaranteed, and
4t guar. p. < i. (end.) ” means guaranteed as to principal and Interest, the guaranty being endorsed on each bond.
fc
11 DATE” —The date of issue on the face of the bonds is indicated under the word “ date.”
“ INTEREST” —Under this heading is given the rate per cent yearly of the interest payable on the bonds or (if guaranteed) of the dividend
payable on the stock; also the months when the interest or dividend is payable, thus, “ 6 J - J ” means 6 per cent per annum payable January
•nd J u ly ; correspondingly, “ F - A ” is used to mean February and August; “ M - S” means March and September, and so on, while “ Q - J
means quarterly beginning in January and “ Q - F ” quarterly beginning in February. [The day when the interest payment is due can
generally be determined by noticing when the loans mature, the day of the month there given being in most oases the same as for one of the
interest dates.]
“ ROAD” —The word “ traok” means in street Railway parlance all track, whether main line, siding, switch or second track. “ R ailsare
80-lb. girder” means that each rail weighs 80 pounds to the yard.
In d e x
Pag e.
kron Bedford & Cleveland R R ............... 32
kron < Cuyahoga Falls Rapid Transit. 9
fe
Akron Street RR.—See Akron Traction &
Electric.....................................................
9
Akron Street Ry. & Illuminating-See
Akron Traction & Eleotrio........... ............. 9
Akron Traction & Electric.......... ................. 9
Alameda Oakland & Piedmont—See Oak
land Transit Co............................................ 67
Alamo Heights RR.......................................... 82
Albany Helderburg & Schoharie Elec. R y.. 9
Albany R y.........................................
Algiers Gouldsboro & Gretna R y................. 60
Allegheny & Bellevue—See Fed. St. &P1. V. 73
Allegheny St.—See Federal St. & Pleas.Val. 73
Allegheny Traction—see Cons’d Trac.Sys.. 74
Allent’n & Beth R. T.—See Allen. & L. V. T. 10
Allentown & Lehigh Valley Traction.......... 10
Alley Elevated. See South Side Elevated.. 28
Alton Improvement Ass’ n—See Alton Ry.
& Illuminating.......................................... 10
Alton Railway & Illuminating..................... 10
Altoona & Logan Valley Electric R y .......... 10
Ambler Elec.—See Schuylkill V. Trac. Sys.. 66
Amherst & Sunderland St. R y ....................... 10
Amsterdam Street R R ..................................... 10
Anacostia & Potomac River R R .................. 89
Anderson Elec. St. Ry.—See Un. Trac. Co.. 10
Ann Arbor & Ypsilanti Electric R y............. 11
Anniston (Ala.) Electric Co............................. 11
Arlington Heights Motor R y .......................... 85
Asbury Park & Belmar Street Ry.—See Asbury Park & Sea Girt Electric R R ............. 11
Asbury Park & Sea Girt Electric RR ........ 11
Asheville Street R y ......................................... 11
Ashland (Wis.) Light, Power & Street R y... 11
Ashtabula Rapid Transit............................... 11
Astoria (Ore.) Street R y................................. 11
Atohison Ry. Light < P ow er......................... 11
&
Athens (Ga.) Electric R y............................... 11
Athol & Orange Street R y............................. 11
Atlanta Consolidated Street R R .................... 12
Atlanta Elec. R y.............................................. 12
Atlanta R ailw ay.............................................. 12
Atlanta St. RR.—See Atlanta Consolilated 12
Atlantic Ave. RR.—See Brooklyn Rap. Tr.. 20
Atlantio Coast Electric R R ............................ 52
Atlantic Highlands Red Bank & Long Br’oh 52
Auburn City R y............................................... 12
Augusta (Me.) HaUowell & Gardiner R R ... 12
Augusta (Ga.)Ry. & Electric Co.................... 12
Aurora & Geneva—See Aurora Street R y... 12
Aurora Street R y........... ................................... 12
Aurora Wheaton & Chicago Ry.................... 25
Austin Rapid Transit R y ..........................
A
abylonR R ............. - ...................................
abylon < North Shore R R .......................
&
Baden & St. Louis RR.—See Nat’l Ry. Sys.
Ballston Term’l RR. (Ballston Spa, N. Y .)..
Baltimore Catonsville & Ellicott’s Mills
RR.—See United Rys. & Elec. Co..............
Baltimore City Passenger Railway—See
United Rys. & Elec. Co................................
Baltimore Consolidated Ry—See United
Rys. & Elec. Co..............................................
Balt. Middle Riv. & Sparrow’ s Pt. Elec. Ry.
—See United Rys. & Electric Co................
Baltimore & Northern Electric Ry.—See
United Rys. & Electric Co .......................
Baltimore Traction—See Unit. Rys. & Elec.
Baltimore & Washington Transit................
Bangor Hampden & Winterport Ry.............
Bangor Orono & Old Town R y .....................
Bangor Street Railway..................................
Barre & Montpelier Traction & Pow er.......
Bath (Me.) Street Railway..............................
Bay Cities Consolidated Railway..................
Beatrice (Neb.) Elec. Co.................................
Beaver Valley Traction..................................
Bellaire Bridgeport (O.) & Martin’ s Ferry
Street R y...’ .......... ....................................
Belle City Elec. Co., Racine, Wis.—See Mil
waukee Light, Heat & Tra tion................
B
14
14
81
14
14
14
14
14
to
R a ilw a ys.
P age
Belleville Eleotrio Railway............................ 16
Belleville < Newark—See Newark Pass. Ry. 48
fc
Belt Line Electric (Lexington, Ky.)............. 51
Belt Railway, The (Washington, D. C.)......... 89
Bennington & Hoosick Valley R y ............... 45
Bennington & Woodford Elec. R y................ 16
Benton-Bellefontaine Ry—See Un. Dep. RR. 82
Bergen County Traction................................. 45
Biddeford & Saco Railroad............................ 16
Binghamton Lest. < Union—See Bing. RR. 17
fe
Binghamton Railroad..................................... 17
Birmingham Knoxville & Allentown Trac
9
tion—See Pittsb. & Birmingham T r.......... 74
Birmingham Railway & Eleotrio.................. 17
Birmingham Traction— .............................. 17
Black Rook & Salisbury Beach—See Haver
hill & Amesbury.......................................... 44
Black River Traction (Watertown, N. Y .).. 90
Blanchard Avenue Passenger Railway....... 40
Bleecker Street & Fulton Ferry RR—See
Metropolitan St. Ry. System ..................... 61
Bloomfield Street—See Pittsburg Tr. Svs... 74
Bloomington City Ry—See Bloomington <
fe
Normal Street R y......................................... 17
Bloomington & Normal Street Ry ............ 17
Boston & Chelsea—See Lynn & Boston Sys. 18
Boston Consol. Street—See West End St. Ry. 17
Boston Elevated R R ....................................... 17
Boston & Revere Elec.—See Lynn & Boston 18
Bowling Green R a ilw a y ............................... 18
Braddock & Turtle Creek Passenger Rail
way—See UnitedTraction............................ 73
Braintree Street Railway............................... 18
Braintree & Weymouth Street Ry................ 18
Bridgeport (Conn.) Traction......................... 19
Bridgeton & Millville Trac. (Bridge., N. J.). 19
Bridgewater Whitman & Rockland St. Ry. 19
Brigantine Transportation Co. (formerly
Brigantine Transit)............. ........................ 19
Brightwood R y................................................ 89
Bristol & Plainville Tramway (Conn.)........ 19
B’ way & 7th Ave. RR—See Met. St. Ry. Sys. 61
Broadway Surf. RR—8eeB’y&7th Ave.RR. 61
Brockton Bridgewater & Taunton St. R y.. 19
Brockton & East Bridgewater St. Ry.......... 19
Brockton Street R y ....................................... 19
Brooklyn Avenue Ry (Kansas City)............ 49
Brooklyn Bath & West End RR.—See
Brooklyn Rapid Transit.............................. 20
Brooklyn Cable Co.—See United Rtt............ 21
Brooklyn City & Newtown RR.—See Coney
& Brooklyn...........................................
21
Brooklyn City RR—See B’klyn R .T ............... 20
Brooklyn Crosst’ n RR.—See B’klyn Rap.Tr. 20
Brooklyn Heights RR.—See B’klyn R. T....... 20
12
Brooklyn Newt’n Jamaica & Flushing RR.. 21
Brooklyn Queens County & Suburban RR.—
See Brooklyn Rapid Transit....................... 20
Brooklyn Rapid Transit................................. 20
Brooklyn (O.) St. RR.—See Clev. Elec. R y .. 32
Brooklyn Traction—See Nassau Electric. .. 21
Brooklyn Union Elevated.—See Brooklyn
Rapid Transit............................................... 21
Brunswick Traction......................................... 58
Buffalo Bellevue & Lancaster R y ................. 22
Buffalo East Side St. Ry—See Buffalo R y.... 22
Buffalo & Locbport St. Ry............................. 52
Buffalo Hamburg & Aurora R y.................... 23
Buffalo & Niagara Falls Electric Ry............ 23
Buffalo R y ....................................................... 22
Buff. Ton. & Niag. Falls Elec. RR................ 23
Buffalo T raction .................................
23
Buffalo & Williamsville Electric Ry............. 23
Burlington (Iowa) Ry. & Light Co................ 23
Butte Consolidated Ky.................................... 23
14
14
89
14
16
14
16
Calais (Me.) Street Railway...............
16
California Street Cable..................
16
16 Calumet Electric St. R y.................................
16 Calvary Cemetery Greenpoint & Brooki lyn Ry.—See Brooklyn Rapid Transit.......
19 Cambridge RR—SeeWestEnaSt.Rv., Boston
Camden Gloucester & Woodbury Ry...........
78 Camden Horse R R ..........................................
C
23
83
25
20
17
24
24
P age
Camden < Suburban R y................................. 24
fc
Canal & Claiborne R R .................................... 60
Canandaigua Elec. L. & RR.......................... 24
Canisteo Valley Ry.—See Hornellsville &
45
Canisteo R y............................................
Canton—Massillon Eleotrio Ry..................... 24
Canton St.—See Canton-Massillon Elec....... 24
Cape May Del. Bay & Sewell’s Point Elec. Ry 24
Capital Ry. (Frankfort, Ky.)—See Frank
fort & Suburban............................................ 41
Capital Ry. (Washington, D. C.).................. 89
Capital Traction.............................................. 89
Carbondale & Forest City Pass. Ry.—See
Carbondale Traction. ................................. 24
Carbondale Traction....................................... 24
Carpentersv. Elgin & Aur.—See El. City Ry. 39
Cass Avenue & Fair Grounds Ry—See
National Railway System............................ 81
Catharine & Bainbrldge Streets Ry—See
Union Traction.............................................. 70
Catoctin & Myersville Elec.—See Frederick
& Mid. Elec. R y ............................................ 41
Catskill Eleotrio R y ........................................ 24
Cayadutta Eleotrio.......................................... 43
Cayuga Lake Eleo. Ry.—See Ithaca St. R y.. 47
Cedar Rapids & Marion City R y .................... 24
Central Avenue Ry. (Oakland, CaL)—See
Oakland Transit Co..................................... 67
Central Crosstown RR.—SeeMet.St.Ry.8ys. 61
Central Elec.—See Sacramento Elec.G.& Ry. 80
Central Park North & East River RR.—See
Metropolitan St. Ry. System........... ........... 61
Central Pass. Ry.—See Central Traction— 74
Central Pass. Ry.—See Louisville R y.......... 53
Central Ry.—See United Rwys. & Elec. Co. 14
Central Ry. (Peoria, 111.)................................ 69
Central Ry. & Eleotrio (New Britain, Conn.) 58
Central Traction—See Cons’d Trao. Sys....... 74
Central Traction (St. Louis, M o.)................ 80
Central Traction—See Sioux City Traction. 85
Chagrin Falls & Eastern Eleotrio R y ........... 32
Chambers St. & Graud St. Ferry. See Met.
St. R y .............................................................. 60
Charles River Street—See West End St....... 17
Charleston City Ry—See Char. Consol. Ry.
Gas & Elec...................................................... 25
Charleston & Seashore RR.—See Chari. Ry.
Gas & E lectric............................................. 25
Charleston Consol. Ry. Gas & Eleo............. 25
Charlotte Street Ry.—See Charlotte Eleo.
Ry. Light & Power Co.................................. 25
Charlotte Electric Ry. Light & Power Co... 25
Chattanooga Eleotrio Ry................................ 25
Chattanooga & Lookout Mountain R R ....... 25
Ohatt. & No. Side St.Ry.—See Signal Mt. Ry. 25
Chattanooga Rapid Transit.......................... 25
Chester Darby & Phila.—See Chester Trao.. 25
Chester &MediaEleo. Ry.—See ChesterTrac. 25
Chester Street Ry.—See Chester Traotion... 25
Chester Traction............................................. 25
Chicago City R y............................................... 25
Chicago City Ry Transit Co.—See Chicago
City R y ...............................- ......................... 27
Chicago Consolidated Traction.................
27
Chicago Det. & Tol. RR. (Detroit, M ich.)... 36
Chicago Electric Traction.............................. 28
Chicago Eleo. Tran.—See Chicago Con. Trac. 27
Chicago & Fox Lake Eleotrio........................ 28
Chicago General R y .................
28
Chicago & Harlem........................................... 29
Chicago Harlem & Batavia—See Suburban
RR. (Chic.)...................................................... 31
Chicago & Jefferson Urban Transit—See
Chicago Consol. Trac................................... 27
Chicago & Milwaukee E le c tr ic .................... 28
Chicago North Shore St.—See Chic. Consol.
Trac....................
27
Chicago Pass. Ry.—See West Chic. St. R R .. 31
Chicago & So. Side R. T.—See So. Side Elev. 28
Chicago Union Traction...........................
28
Chicago West Div. Ry.—See W. Chic. St. RR. 31
Chippewa Val, Eleo. Ry. (Eau Claire, Wis.). 39
Christopher & 10th Streets RR.—See Met. St.
Ry. System.................................................... 61
94
Cicero & Harlem St. B y - See Chic.& Harlem °29
Cicero & Proviso St. Ry.—See Oh. Con. Trac. 27
Cincinnati & Hamilton Electric St. Ry
31
Cincinnati Hamilton & Dayton Traction.
(Dayton, O.)............................................
35
Cincinnati Hamilton Middletown & Dayton
Street RR.—See Millereek Valley RR
32
Cincin. & Miami Val. Trac. (Hamilton, O.) 43
Cincinnati Newport & Covington R y ...
34
OinomD ati Street R y........... ........................32
Citizens’Elee. Ry. L. & p. Co. (Mansfleid, Ô.) 54
Citizens' Pass. Ry.—See Harrisburg Trac... 44
Citizens’ Pass.—See Schuylkill Val. Tr. Sys. 66
Citizens’ Pass. Rv. (Phila.)—See Union T r.. 70
Citizens’ Pass. Ry—See Citizens’ Trac........ 74
Citizens’ RR. (St. Louis)—See Nat’l Ry. Sys. 81
Citizens’ Ry. (Waco, Tex) ............................. 89
Citizens’ Rapid Transit (Nashville, Tenn.").. 57
Citizens’ Street RR. (Indianapolis, In d .)... 46
Citizens’ Street RR.—See Memphis St. R y .. 55
Citizens’ St. (Fishkill-on-the-Hudson. N. Ÿ.) 40
Citizens’ Street Ry. (Kalamazoo, Mich)—
See Michigan Traction................................ 48
Citizens’ Street Ry. (Muncie, Ind.)__ I!
57
Citizéns’ Traction Co. (Detroit. Mich.)........ 36
Citizens’ Traction (Oshkosh, W is.)...........
68
Citizens’ Traction—See Cons’d Trac. S ys... 74
Citizens’ Traction.—See San Diego Elec. Ry. 83
City Electric Ry. (Decatur, 111.).................... 35
City Electric Ry (Port Huron, M ich .)........ 75
City Electric Ry. (Rome, Ga.)....................... 79
City Park Transit.......................................
85
City Pass.—See Altoona & Logan Val. E l... 10
City Railway (Dayton, Ohio)....................
35
City Ry (Ft. Worth, T ex.).......................
41
City & Suburban—See Un. Rys. & Elect.
Co. of Balt
14
City & Suburban RR.—See Memphis St.’ Ry. 55
City & Suburban Ry. (Portland, Ore.)........ 75
City & Suburban RR. (Savannah, Ga.)........ 83
City & Suburan Ry., Wash., D. C.................. 89
City & West Portland Park Motor................ 76
Cleveland Berea Elyria & Oberlin Ry........ 32
Oleve. & Berea St. Ry—See Cl. B. Ely. & Ob. 32
Cleveland < Chagrin Falls Electric............ 32
ft
Cleveland City Cable Ry.—See Clev. C. Ry. 32
Cleveland City Ry............................................ 32
Cleveland & Eastern RR..........................***, 32
Cleveland Eleotrio R y.............................
32
Cleve. & Elyria Elec.—See Clev. B. Ë. & Ob’. 32
Cleveland Medina & Southern..................... 32
Cleveland Painesville & Eastern RR........... 32
Coalville Pass.—See Wilkesb. & W. Va. Tr. 91
Cohoes City R y ................................................. 33
Colfax Avenue Electric................ Mu!I 36
Colonial City Traction.......................................49
Colorado Springs Rapid Transit.......... !!._ !! 33
Columbia Construction Co. See Northwest
ern El., Chicago....................................
29
Columbia, S.C., Elec. St. Ry. Light & Power 33
Col umbia Railway.......................................... 89
Columbia & Rensselaer Ry. & Lighting. I " ! 46
Columbia Traction Light & Pow er...
33
Columbus Central Ry., Columbus, 0 ............ 33
Columbus, O., Consolidated Street Ry.—
See Columbus Street R y .............................. 33
Columbus & 9th Av. RR.—See Metropolitan
60
Street R y...............................................
Columbus, Ga., R R ........ ..........................
33
Columbus, O., Street Ry..........................
" 33
Commonwealth Avenue Street R y........ ! 64
Compton Heights Union Depot & Merchants’ Terminal Ry—See Lindell Ry. Sys. 80
Concord Street Ry........................................... 33
Coney Island & Brooklyn R R ....................
21
Conshohocken Ry—See Schuylkill Valley
Traction System.......................................... 66
Consolidated St. Ry. (Grand Rapids, Mich.) 43
Consolidated St.—See Portland (Ore.) R y .. 76
Consolidated Traction of New Jersey......... 48
Consolidated Traction of Pittsburg, Pa....... 73
Continental Pass. Ry—See Union Traction.. 70
Corning & Painted Post St. Ry..................... 34
Cortland & Homer Traction.............
34
Corrigan Consolidated St. Ry—See Metro
politan Street Ry., Kansas City, Mo ... . 49
Cottage City Street R y.......... ......................... 34
Council Bluffs Street Ry.—See Omaha &
Council Bluffs R y.......................................... 68
Crescent City R R - See New Orleans Tr....... 60
Cripple Creek District Ry...............
34
Crosstown Street Ry—See Buffalo R y .. . , » ! ! 22
Crosstown St.—See Columbus Street........... 33
allas City Street Ry.—See Dallas Consol.
Eleotrio R y .....................................
34
Dallas Consolidated Electric Street R y " " ' 34
Dallas & Oak Cliff Electric R y..................... 34
Dallas Rapid Transit Ry..................
” 34
Danbury & Bethel Street R y.......................... 34
Danville (111.) Gas, Electric Lt. & St. R y.
34
Dartmouth & Westport St. Ry., New Bedford 58
Davenport & Rock Isl. Ry—See Tri-Citv Ry. 35
Dayton & Soldiers’ Home RR—See City Ry. 35
Dayton Springfield & Urbana Eleo. R y ....... 35
Dayton Spring Vail. & Wilmington Transit. 35
Dayton Traction.............................................. 35
Dayton & Western Traction.................. .
35
Dayton & Xenia Traction............................ 35
Delaware County & Philadelphia Elect. Ry! 72
Denver City Railroad.................................... 36
Denver City Tramway.................................... 35
Denver Consolidated Tramway. !! !!.!.!!* " 36
Denver Lakewood & Golden R R .................. 36
Denver Tramway—See Den Consol. Tram.. 35
Denver & Westminster Ry.....................
36
•Derby Street R y..................................................36
Des Moines City Ry .......................! ! ! ! ! ! ! ! ! 36
Des Moines St. RR—See Des Moines City Ry. 36
Des Moines Suburban Ry—See Des M. City. 36
Detroit City Ry—See Detroit Citizens’ St. Ry. 36
Detroit Citizens’ Street R y .....................
36
Detroit Electric Ry...................
36
Detroit Fort Wayne & Belle Isle R y .......38
Detroit Lake Shore & Mt. Clemens R y........ 36
Detroit & Pontiac Ry.......................
38
Detroit Plymouth & Northville R y . . 38
Detroit Ry—See Detroit Electric R y............ 36
DetroitSub. Ry—See Detroit Citizens’ St.Ry. 36
Detroit Ypsilanti & Ann A rborJR y............ 38
Dighton Somerset & Swansea St. Ry........... 38
D
INDEX
TO
KAILWAYS.
D. D. E. B’dway & Bat.—See Third Ave. Sys.
Dubuque Light & Traction............................
Dubuque Street R y....................................
................... .
Duluth Street R y............•
Dundee Place Car Line (Omaha, Neb.).......
Dunkirk & Fredonia R R .................................
Duquesne Inclined Plane (Pittsburg, P a)..
Duquesne Traction—See Consol. Traction
System.........................................
62
38
33
38
67
41
74
74
ast Cleveland—See Cleveland Electric.. 32
astEndSt. Ry.—See Memphis St. R y .... 55
East H. Pass.—See Harrisburg Traction... . 43
East Hartford & Glastonbury Horse RR—
See Hartford Street R y.......... ...............
44
East Liverpool Railway...................
39
East Liverpool & Wellsville Street RR.—See
East Liverpool Railw ay................................ 39
East Middlesex St.Ry—See Lynn & Bos. Sys. 18
EastOakland St. Ry.—See Oakland Tr. Co. 67
East Omaha Street R y ................................... 67
Easton&Bethlehem Tran—See Easton Tran! 39
Easton Consolidated Electric.
.
39
Easton Palmer & Bethlehem Elec. R y ........ 39
Easton Transit............. ................................, 4 39
East Penn Traction—See Newtown & Del
aware R. Trac.................................
88
East Reading Elec. Ry—See Reading Tract. 78
East St. Louis Electric Street R R ................ 39
East Side Ry (Portland, Oré.)................
76
87
East Side Trac. (Syracuse, N. Y .)........ .
Eau Claire St.—See Chippewa Val. E lec___ 39
Eckington & Soldiers’ Home Ry.—See ( ity
& Suburban R y.......................................
89
Eighth Ave. R R .—See Metrop. St. Ry. Sys
61
Eleotrio Ry. Light & Power (Sedalia, Mo.)—
See Sedalia Electric & Railway................. 85
Electric Traction (Philadelphia, Pa.)—See
Union Traction............................................ 70
Elgin City Oarpentersville & Aurora R y ... 39
Elgin City Ry.—See E. C. C. & A. Ry........... 39
Elizabeth Street Ry........................................ 39
Elmira A Horseheads R y ............................
39
Elmira Munie. Imp.—See El. & Horseh. Ry! 39
Elmira Water, L. & St. Ry.—See Elmira &
Horseh. R y ...............................................
39
Empire Pass. Ry—See Union Traction Sys. 70
Enfield & Longmeadow Eleo. R y .................. 87
Englewood & Chicago Eleotrio Ry.—See
Chicago Eleo. Trac...................................
28
Erie City Pass. Ry—See Erie Elec. Motor
40
Erie Electric Motor Co. . ............................... 40
Erie Rapid Transit Street R y......................... 40
Escanaba Eleotrio Street R R ........................ 40
Essex Elect. St. Ry—See Lynn & Boston RR 18
Essex Pass. Ry—See Newark Passenger Ry. 48
Evanston (111.) Electric Ry.—See Chicago
Cor solidated Traction................................. 27
Evansville Street R R ..................................... 40
Exeter (N. H.) Street Ry................................ 40
lairhaven & New Whatcom Ry.—See
r Northern By. & Imp’t............................. 40
Fair Haven & Westville R R .......................... 59
Fairmount Park & Delaware River Passen
ger—See Germantown Passenger Ry
.. 70
Fairmount Park & Haddington Pass. Ry—
See Hestonville Mantua & Fairmount....... 71
Fairmount Park Transportation Co............. 72
Fairmount Passenger Ry—See Hestonville
Mantua & Fairmount Passenger Ry. _ 71
_
Fall River Street Ry.—See Globe St. Ry___ 40
Federal Street & Pleasant Valley Ry.—See
United Traction System, Pittsburg.......... 73
Ferries & Cliff House Ry—See Market St. Ry. 83
Findlay Street R y ............................................ 40
First Avenue Ry. (Seattle, Wash ) ............. 84
Fishkill Elec. Ry.—See Citizens’ Street Ry. 40
Fitchburg & Leominster Street Ry
........ 41
Fitchburg < Suburban Ry............................. 41
fe
Flushing & College Point Elec. Ry.—See
N. Y. & Queens Co..................................... 52
Flushing & South Shore RR.......................... 52
Fort Clark St. Ry. See Cent. Ry. (Peoria).. 69
Fort George & Eleventh Avenue RR.—See
Met. 8t. Ry. S ys........................................... 61
Fort Pitt Traction—See Cons’d Trac.(Pitts.) 74
Fort Smith St. Ry. -See Ft. Smith Tr., L. & P. 41
Fort Smith Traction, Light & P ow er.......... 41
Fort Wayne Consolidated Ry......................... 41
Fort Wayne Electric—See Ft. W. Consol Ry. 41
Fort Wayne & Belle Isle Ry.—See Detroit
Fort Wayne & Belle Isle R y ....................... 38
Fort Wayne Street RR.—See Fort Wayne
Consol. R y .............................
41
Fort Worth & Arlington Heights Street Ry. 41
Fort Worth 8treet Ry..................................... 41
Forty-second Street & Grand Street Ferry
RR—See Metropolitan St. Ry. System...... 62
Forty-second St. Manhatv. & St. Nicholas
Ave. Ry—See Third Avenue System........ 63
Fountain Head RR. (Knoxville, Tenn.) -See
Supplement of Feb., 1898.
Fourth St. & Arsenal Ry................................ 80
Fox River Electric Ry. (Green Bay, Wis.).. 43
Framingham Union Street R y....................... 41
Frankford & Southwark Passenger Ry.—
See Union Traction System......................... 70
Frankford Taoony & Holmesburg............... 72
Frankf t & Suburban Ry. (Frankfort, K y.). 41
Frankfort & Utica Street R y ........................ 88
Franklin Electric Street Ry. ; ......................... 41
Frederick & Middletown Elec. R y............... 41
Front St. Cable Ry.—see First Ave. Ry.,
Seattle, Wash................................................. 84
Fulton Elevated—See Kings Co. Elevated.. 22
Fulton & Oswego Falls—See Lake Ontario
& Riverside R y..........................................
68
Fulton Street RR—See Met. St. Ry. S ys!.!! 62
Fulton Wall & Cortlandt St. Ferries RR.—
See Wall & Cortlandt Street Ferries R y.. 63
E
alesburg Eleotrio Motor & Pow er..........
Galveston City R R ..................................
Gardner Elec. Street R y ..........................
Geary Street Park & Ocean R R .......... ! ! . ! " "
General Electric Railway (Chicago, 111.)...
Geneva & Waterloo R y .- See G eva Water
loo Seneca Falls < Cavuga Laz e Traction.
fe
Geneva Waterloo S. F. & Cayuga L. Trac. .
,
Georgetown & Tenallytown R y ..........
G
P age .
Germant’n Pass. Ry—See Union Trac. Sys. 70Gettysburg Elec. Ry.—See May, 1898, Supp .
Glens Falls South Glens Falls Sandy Hill&
Ft. Edward St. RR ..................................... 42
Glen Oak & Prospect Heights Ry. (Peoria,
111.).........
.............................................. 69
Glenwood & Polytechnic College St. R y___ 41
Globe Street R y ....................... ....................... 40'
Gloucester Essex & B everly......................... 42
Gloucester Street R y..................................... 42
Grand Avenue—See Metropolitan Street... 49'
Grand River Ry—See Detroit Citizens’ St. Ry 36Grand St. & Newtown.—See Bkln. Rap.Tran. 20
Grant Street Electric Ry.............................. 84
Great Falls Street R y..... ............................... 43.
Green < Coates Streets Philadelphia Passen
&
ger Ry—See Union Traction System........ 7 0
Greenfield & Turners Falls Street Ry.......... 43
Green Lake Electric R y................................. 84
Greenp. & Lorimer St.—See Bkln. Rap.Tran. 20
agerstown Railway................................. 43
ammond Whiting & E. Chi. Elec. R y... 4 0
Hampton & Amesbury St. Ry.—See Exeter
8treet R y .............................
............ 40
Harrisb. City Pass.—See Harrisburg Trac.. 44
Harrisburg & Meohanicsburg Electric R y .. 44
Harrisburg Traction....................................... 44
Hartford Manchester & Rockville Tramway 44
Hartford & Springfield R y.......................... 44
Hartford Street R y................ ......................... 44
Hartford & West Hartford R R .......... .......... 44
Hartford & Wethersfield Horse RR—See
Hartford St. R y ............................................ 44
Haverhill & Amesbury Street R y ................ 44
Helena G. L. & Coke—See Helena P. & L ... 45
Helena Power & Light.............................
45
Henderson (Ky.) Electric Street R y............. 4 5
Herkimer Mohawk Ilion & Frank. Elec. Ry. 45
Hestonville Mantua & Fairmount Pass. Ry. 71
Highland Av. & Belt RR. (Birmingh., Ala.) 17
Highland Park & Fruit Vale RR.—See Oakland Transit Co............................................. 67
Highland Park Ry—See Detroit Cit. St. Ry. 36
Highland RR. (New Albany, Ind.)............... 58
Highland St. Ry—See West End St. R y....... 17
Hingham (Mass.) St. R y................................. 45
Holyoke Street R y.......................................... 45
Home Avenue R R ............................................ 35
Homestead & Highlands Street R y.—See
Monongahela St. Ry., P*ttsburg, P a ........ 74
Hoo8ac Valley (North Adams, Mass.)St. Ry. 66
Hoosiok Ry.—See Bennington & Hoosio Val. 45
Hornellsville & Canisteo R y.......................... 45
Hornellsville Electric R y............................... 45
Hot Springs Street R R ................................... 46
Houston Eleotrio Street R y ............................ 46
Houston Heights Electric St. R y.................. 46
Houston W.SÎ.& Pav.F.—SeeMetro’n St.Ry. 60
Hudson Street (N. Y.) R y............................... 46
Hull Street Ry.—See Hingham St. R y .......... 45
Huntington R R ............................................... 46
llinois Traction............................................ 28
ndiana Electric RR. of Goshen................ 43
Indiana Electric Ry.
................................. 43
Indianapolis & Broad Ripple Rap. Transit. 46
Indianapolis Street R y .................
46
International Traction Co. (Buffalo)............ 23
Inter-State Consolidated Street R y ............. 66
Inter-Urban R’ y.—See Saginaw Val Trac... 80
Ithaca Street R y.............................................. 47
M
I
ackson Street Ry........................................
acksonville (111.) R y ...............
Jack’s Run—See Federal St. & Pleas. V a l...
Jamaica & Brooklyn Road—See Brooklyn
Rapid Transit.................
Jamestown Street R y.....................................
Janesville Street R y.....................
Jasper County Electric Ry. (Carthage, Mo.)
See Southwest Missouri Elec.,Webb City.
Jefferson Avenue Ry.......................................
Jeffersonville City R y..............
Jersey C’y &Bergen RR—See No.Jer’ySt.Ry.
Jersey City Harrison & Kearney Ry. Co.—
See Consol. Trac. Sys..................................
Johnstown Gloversville & Kingsboro..........
Johnstown Passenger R y...............................
Joliet Railroad................................................
J
■Y" ankakee Electric R y.............................
■Kansas City Cable—See Metropolitan St.
Kansas City Elev. Ry—See Met. St. R y.......
Kansas City & Independence Rap. Tran.
Ry—See Metropolitan St. R y.....................
Kansas City Traction—See Met. St. R y .......
Keyport & Matawan St. RR.—See Middlesex
& Monmouth Elec. Light, Heat & Power..
Kings County Elevated..................................
Kings Co. Traction - See Nassau Electric...
Kingston City R R ............................................
Knoxville Street RR.—See Knoxville Trac.
Knoxville Traction....................... ! ................
Kokomo City Street R y ..................................
ackawanna Valley Traction—See Scran
ton Ry..................................................
Laclede Ave.& 4th St.Ry.-See Missouri R R ..
Laconia Street Ry............................................
Laconia & Lakeport St. Ry.—See Laconia
St. R y..............................................................
Lacrosse C ityR y.............................................
Lafayette Street R y.........................................
Lake Cities Eleotrio R y ..................................
Lake Cnt. & Riverside Ry. (Oswego, N. Y .).
Lake Roland El.—See United Rys. & Elec.
Co of Baltimore............................................
Lakeside Street Ry.—See Duluth St. R y___
Lakeside Ry., Mahanoy City, P a ...................
Lake Street Elevated R R .................
Lancaster City Street—See Penn. Traction.
42 Lancaster & Columbia—See Penn. Traction
42 Lancaster Traction—See Penn. Traction_
_
42 Lansing City Electric Railway (Michigan) .
83 Lansing Dexter & Ann Arbor Electric Ry.
28 Leavenworth Electric R R ........................
Leavenworth & Lxnsing R y..........................
42 Lebanon & Annville Street Ry.....................
42 Lehigh Traction (Hazleton, Pa.)..................
8 9 * Leominster & Clinton St. R y .........................
L
47
47
73
20
47
47
90
80
47
48
48
43
48
48
40
40
40
40
49
40
22
21
40
49
49
50
84
81
50
50
50
50
55
68
14
38
54
28
50
50
50
50
50
51
51
51
44
51
INDEX
TO
95
RAILWAYS.
P age.
P age .
Montgomery & Chester Electric R y ........... 72 Oakland (Cal.), Syndicate— See Oakland
Lexington Avenue & Pavonia Ferry Ry—
Transit Co........................................
67
See Metropolitan Street R y ......................... 60 Montgomery County Pass. Ry—See Schuyl
Oakland, San Leandro & Haywards Electrio
kill Valley Trac. Sys...........................66
Lewiston & Auburn RR.—See Lew. Bruns.
Ry. Consolidated.......................................- - 67
& Bath St. R y ............................................... 51 Montgomery Street Ry........................... w- - < 57
Lewiston Brunswick & Bath St. R y............. 51 Montgomery Suburban Street R y............. -- 57 Oakland Transit Co......................................... 67
Lewiston & Youngstown Frontier R R ........ 64 Montreal (Can.) Street R y........................... - 57 Oakwood Street R y ............................................35
Lima R y ........... ................................................ 51 Motor Line Improvement.................. - - ......... 39 Observatory Hill Pass. Ry.—See Federal St. 73
& Pleasant Valley Pass. R y..................
Lima-Honeoye Light & R R ....................... . . 51 Mound City RR—See Union Depot R R ........ 82 Ogden Street Ry—See Chicago Con.Traction 27
Moundsville Benwood & Wheeling R,r ... 91
Lincoln (Neb.) Street Ry.—See Lincoln
Mt. Adams & Eilen Pk. Inch 5 See Cincin- j 32 Ogdensburg Street R y .................................... 67
Neb.), Trac...................................................... 51
Olean Rook City & Bradford R y.................. 67
Lincoln (Neb.) Traction.................................. 51 Mt. Auburn Cable Railway.. ( nati St. Ry,
Olean Street R y............................. - - - ' ........... 67
Lindell R y......................................................... 80 Mt. Oliver Incline Plane Ry.—See P. & B.
Omaha & Council Bluffs Ry. & Bridge........ 68
Traction system............................................ 74
Little Rook Traction & Electric.................... 52
Muscatine Electric R y........................ ........... 57 Omaha Street Railway............. ..................... § ®
Lock City Electric RR.—See Buf. & Lock83
port Street Ry. (Lockport, N.Y)........
52 Multnomah St. Railway—See Portland Ry.. 76 Omnibus Cable R y—See Market St. R y ....... 68
Orange Mountain Traction............................
............................36
Lock Haven Traction .................................. 52 Municipal Traction
Orange & Newark—See Newark Passenger. 48
Mystic Valley 8t. Ry. (Wakef eld, Mass..)... 89
Lombard & South Street Passenger Ry—See
Passaic Valley Ry ....................... 68
Frankford & Southwark Pass. R y............. 70
anticoke St. Ry.—See Wilk. & W. V. Tr. 91 Orange to R ....................................................... 60
Orleans R
L. I. City & Newtown—See N. Y. & Queens
1w ashua Street Railway............................... 57 Orleans & Jefferson R y ...................
60
Co. R y............................................................. 52 Nashville & Edgefield RR—See Nash. St.Ry. o 7 Ossining Electric R
Long Island Electric R y................................. 22 Nashville Railway............—........................... 57 Oswego St. Ry—Seey .............................. ---- 35
Lake Ont. & Riverside. 68
Long Island Trao.—See Brooklyn Rap. T r.. 20 Nashville Street R y ........ ............................... 57 Ottawa Railway Light & Power—See OtLoop Road See Union Elevated........ ........ 29 Nashville & Suburban Ry............................... 58
tawa
68
Lorain & Cleveland R R .................................. 33 Nashville Tract’n—See Nashv.A Suburb.Ry. 58 Ottawa Street R y................................
Street Railway (Illinois).................. 68
Lorain Street R y.............................................. 52 Nassau Electrio RR—See Brooklyn Rapid
Ottumwa Electric & Steam................... ----- 68
Los Angeles R y................................................ 52
Transit............................................
21
Ottumwa Elec. Ry.—See Ottumwa Elec. St. 68
Los Angeles Pacific Ry.—See Los Angeles
Natick & Cochituate Street R y ....................- 08
Pacifie R R ..................................................... 53 National Railway, St. Louis, Mo.................... 81 Owensboro City R R .................... J ............. 69
H
Los Angeles & Pasadena Elec. Ry................ 53 Naumkeag St. Ry—See Lynn & Boston RR. 18 Oxford Lake Line (Anniston, Ala
Los Angeles Traction .................................. 53 Negaunee & Ishpeming St. Ry. & Electric.. 58
aducah Ry. & Light.......................- - —
69
Louisville City Ry—See Louisville R y ........ 53 New Albany Ry................................................ 58
aducah Street Railway—See Paducah
Louisville R y.................................................... 53 New Albany St. Ry—See New Albany R y .. 58
Ry. & Light.............................itv...........69
Lowell Lawrence & Haverhill Street R y ... 50 Newark & Bloomfield Ry—See Newark
Park City Railway.—See Bowling Green Ry. 18
Lowell & Suburban Street R y ....................... 53
Pass. R y ........................................................... ¿8 Park & Cliff House—See Market Street R y. 83
Lynchburg Electric Co.—See Lynohburg
Newark (O) Consolidated Electrio.Ry.......... 63 Park & Ocean RR.—See Market Street R y.. 83
Electric Ry. & Light.................................... 53 Newark (O.) & Granville Electric Street Ry.
Pasadena & Mount Wilson R y.................... - 53
Lynchburg Electric Ry. & Light.................. 53
—See Newark Consol. Electric St. R y— 63 Pasadena & Pac. R y.-S ee Los Angeles Pao 53
Lynchburg & Rivermont Street R y............. 53 Newark & Hackensack Traction
............. 48 Passaic & Newark Electric Traction............ 69
Lynn Belt—
See Lvnn & B o s to n .................. 18 Newark & Irvington Ry—See Newark Pass. 47 Pass. * Belt Ry—See Belt Line Eleo Sys.... 51
Lynn & Boston RR.—See N. Shore Tr. Sys. 18 Newark Passenger Ry.—See North Jersey
Paterson Central Electrio Railway............. 69
Street R y ......................................................... 48
acon Consolidated Street R R ................ 54 Newark Plank Road—See Cons. Trac. Sys.. 48 Paterson City Railway—See Paterson R y.. 69
Paterson Railway................................
69
aeon Electric Light & Ry........................ 54 Newark & South Orange Ry.—See North
Pawcatuok Valley Street R y...................... -. 90
Macon & Ind. Spring Elec. St. Ry. (Ga.)—
Jersey Traction Co....................................
47
Pawtucket St. Ry—See United Trac. < Eleo. 76
fe
See Macon Electric Light & Ry. . . .
54
59
69
Madison City Ry.—See Madison Elect. R y. 54 New Brunswick City R y................................... 63 PeekskillTraction.............................
Pennsylvania Motor—See Easton Transit.. 39
Madison Electric R y ....................................... 54 Newburg Electric Ry..................................... .
Newburg & Orange Lake RR.—See New
Pennsylvania to Ohio R y ............................... 69
Madison Street Cable R y............................... 84
Pennsylvania
burg Electrio
Mahoning Valley Ry. (Youngstown, O.) ... 92 Newburyport & R y.......................................... 63 Penn St. Pass. Traction (Lancaster, Pa.)---- 50
Amesbury R R ..................... 63
Ry—See Citizens’ Trac.......... 74
Main Street & Agricultural Park RR.—See
New Castle Traction....................................... 59 Penn Yan Keuka Park & Branchport Ry .. 69
Los Angeles R y............................................. 53 New England Street R y.................................. 59 Penobscot Central Ry. (Bangor, M e.)......... 16
Malden & Melrose St. RR.—Boston El. Sys. 17 New Haven & Centreville Street R y............ 59 People’s Cable Ry.—See Brooklyn Av. (K.C.) 49
Manchester Street R y ..................................... 54 New Haven Street Ry.—See Fair Haven &
People’s Electrio. Ry. (Sandusky, O.).......... 83
Manhattan Elevated Ry.—See I nvestors’
Westville R R .................................................. 59 People’s Elec.—See Springfield Consol...... 86
Supplement ,
Electric Ry. (Paterson, N. J .)... 69
Pass. Ry—See Union Trao. System 71
Manistee Filer City & East Lake R y............ 54 New Jersey Traction—See Con. Trac. Sys... 48 People’s Railway (St. Louis, Mo.).................. 81
Jersey
Manufacturers’ Street Ry. (New Haven)... 59 New London Street R y..................................... 59 People’s Railroad—See Syracuse Rap. Tran. 87
People’s
New
Marion City Ry. (Indiana)............................. 54 New Orleans & Carrollton R R ........................ 60 People’s Street Ry. (Dayton, O.).................. 35
Marion Street Railway (Marion, O .)............ 54
Street Ry—See Scranton R
- .................................. 60
Market St. Cable Co.—See Market St. R y .. . . 83 New Orleans City RR RR.—See N. O. Trao.. 60 People’s Traction, N. Y .......................y .......... 84
New Orl. City & Lake
Market Street R y............................................. 83 New Orleans Traction (Limited)................ . 60 People’ s Traction, Philadelphia, Pa.—See 63
People’s
Marshalltown (Iowa) Light Power & R y ... 54 Newport & Dayton Street Ry—See Cincin
Union Traction..............................
71
Marlborough Street R y ................................... 54
nati Newport & Covington R y.................. , 34 Peoria & Pekin Terminal Ry
..........----- 69
Maryland Traction—See United Railway &
Newport Street Ry............................................ 64 Peoria & Pekin Traction —See Peoria &
Electric of Baltimore.................................. 14
Pekin Terminal Railway............................... 69
Mason City & Clear Lake Traction............... 54 Newport & Fall River Street R y .................... 61
&01d
Massachusetts Electrical Companies.......... 51 Newport News Hamnton Pt. Ry.Point Ry.— 64 Perry Street Pass. Ry—See Federal Street 73
See Newp. News & Old
& Electric.
& Pleas. Valley Passenger Railway..........
Mateo St. RR.—See Los Angeles R y ............ 52 Newport News & Old Point Ry. & Electrio.. 64 Petersburg Railway & Electrio.......
— 69
McGavoek & Mt. Vernon Horse R R —
See
Newton & Boston Street R y.................... — 64 Philadelphia & Bristol Passenger R y. . . . . . . 72
Nashville Street R y ...................................... 57
R y.............................................
McKeesp’t Wilm’g & Duquesne Ry. (Pittsb.) 74 Newton Street Watertown Street R y ............. 64 Philadelphia City Pass. Ry—See Union 71
64
Newtonville &
Traction System.......... ............
Memphis & Raleigh Springs RR.—See MemNewtown < Delaware River Traction........ 88 Philadelphia Co. (Pittsburg, Pa.)................. 73
fe
phi s St. R y..................................................... 55 Newtown Ry.—See N. Y & Queens Co. R y. 52 Phila. & Darby Ry—See Union Trac. Sys---- 71
Memphis street R y......................................... 55 New Williamsburg & Fiatbush RR.— See
Philadelphia AGray’ s Ferry Passenger Ry
Menasha & Neenah Street R y....................... 58
Transit...............................
—See Union Traction S ystem .................. 71
Menominee Electric Light Ry. & P ow er.. . . 55 N.Brooklyn RapidWhite Plains.—See Tarry- 20 Philadelphia Traction-See Union Trac - - - 7 1
Y. Elmsford &
Meriden Electric R R ....................................... 55
town W. P. & Mamar. R y ............................. 63 Philadelphia & West Chester Traction........ 72
Meriden Horse RR.—See Meriden E lec.. . . 55 New York & Harlem RR.-SeeMet.St.By.8ys. 62
Meriden Southington & Compounoe Tram. 55 New York < North Shore Ry. (L. I. City)... 52 Piedmont & Mountain View Railway—See 67
fc
Oakland Transit Co......................................
Merrimack Val. St. Ry—See Lowell Law
New York & Philadelphia Traction................ 88
rence & Haverhill St. R y............................. 60 New York & Queens County Ry., L. I. City. 52 Piedmont Traction—See Petersburg Ry. & 69
Electrio.................
Metropolitan Elec. See Springfield Tr. (Mo.) 86 New York & Staten Island Electric C o....... 86 Pittsb. Allegheny & Manchester Trac.—See
Met. Crosstown RR—See Met. St. R y.......... 66 N. Y.Weste. & Conn. Traotioa.—See People’s
United Traction System..... ........................ 73
Metropolitan Railway, San Francisco, Cal.
Traction Co..................................................... 63 Pittsb. & Birm. Pass. R y .-S ee P. & B. Trac. 74
See Market Street Railway......................... 83
Falls & Lewiston R R ........................ 64
& Birmingham Traction...............
Metropolitan Ry.—See Portland (Oreg.) Ry. 76 Niagara Falls & Suspension Bridge Ry........ 64 Pittsburg < Castle Shannon Railroad.......... 74
Niagara
Pittsburg fc
Metropolitan R R—(Washington, D. C.)....... 89 Niagara Falls Whirlpool & Northern R y... 66 Pittsburg Crafton & Mansfield Street Ry— 74
Metropolitan RR—See West End St. Ry.,Bos. 17 Ninth Avenue RR.—See Metro. 8t. Ry. Sys.. 62
See West End Traction................................ 75
Metropolitan St.RR—See Denver City .Tram. 35 Norfolk Central St. Ry.—See Mass. Electri
Pittsburg (Kan.) Frontenao & Sub. Eleo— 72
Metropolitan St. Ry.—Kansas City, (Mo.) . . 4 9
cal Companies.....................................
Pittsburg Incline Plane—See Pittsburg &
18
Metropolitan St. Ry. (N. Y .)........................... 60 Norfolk & Atlantic Terminal
. . . ---- 66
Birmingham Traction System....................
Metropolian Traction of Chicago................. 29 Norfolk (Va.) City RR—See Norfolk St. .R R . 66 Pittsb. Neville Isd. & Coraopolis Pass. Ry.— 74
Metropolitan Tract’n—See Met. St. Ry., N. Y. 60
(Va.) & Ocean
66
See West End Traction................................
Metropolitan West Side Elevated R R ......... 29 Norfolk (Va.) Street R RView RR................... 66 Pittsburg Oakland & East Liberty Passen- 75
Norfolk
...........................
Miami Valley Ry. (Piqua, Ohio).................... 72 Norfolk Suburban RR. (Hyde Park, Mass.). 18
ger Railway—See Pittsburg Traction— . 74
Michigan Traction of Kalamazoo and Bat
Norfolk Willoughby Spit & Old Point Elec
Pittsb. & Ormsby—See P. & B. Trac............ 74
tle Creek......................................................... 48
tric—See Norfolk & Ooean •i e w ............... 66 Pittsburg Traction—See Consol. Trac. Sys. 74
Middlesex & Monmouth Elec. Light, Beat
& Power ....................................................... 49 Norristown Pass. Ry—See Schuylkill Val 66 Pittsburg Union Passenger Ry—See Pittsb.
ley Traction System......................................
A. & M.
Trac. S ystem ..........
Middlesex RR—See West End St. Ry., Bost.. 17 Northampton Street R y---- i ........................... 6« Pittsburg Tr.—United Passenger R a ilw a y -73
& West End
Middletown & Bloomingsburg Tract.—See
North Chicago City Ry—See N. Chic. St. RR. 29
See West End Traction............................... 75
Middletown-Goshen Traction.................... 55
Middletown—Goshen Traction...................... 55 North Chicago Electrio R y .-S e e Chicago 27 Pittsburg Weir City & Columbus (Kansas) 72
-S ee Pittsburg Frontenac & Suburban..
Consol. Traction...........................................
Middletown H. & S.—See Harrisb. Traction. 44 North Chicago Street RR................................. 29 Pittsfield (Mass.) Electric Ry........................ 75
Middletown Street R y.................................... 55 North Dallas Circuit R y................................... 34 Pittston Street Car—See Wilkesbarre & Wy
Milford Holliston & Framingham St. R y . . . 55 Northeast Elec. Ry —See Brooklyn Ave. Ry. 49
oming Valley Traction System.................. 91
Milford & Hopedale St. R y ........................... 55 North End St. Ry. (New York.N. Y.)—See
Plainfield St. R a ilw a y ......................................75
Milloreek Valley R R ....................................... 32
S opp . for August, 1898.
Plattsburg Traotion Co.................................. 75
Millvale Etna & Sharpsburg Street Ry.—See
Street
fc
Allegheny Traction...................................... 74 North EndElectrioRy (Worcester, Mass.)... 92 Plymouth Bridge Co.—See Wilkesbarre < 91
Northern
Ry. (Chicago)................... 29
Wyoming Valley Traotion.......: .................
Millville Traction............................................ 55 North Greenfield & Waukesha Elec. —
See
Plymouth & Brooton—See Plymouth &
Milwaukee City—See Milw. Elec. Ry. & L .. 55
Milwaukee
........
Kingston................ ...........-.......................... 75
Milwaukee Electrio Ry. & Light.................. 55 North HudsonLight, Heat & T ractionN. J.) 56 Plymouth & Kingston Railroad.................... 75
County Ry. (Hoboben,
45
Milwaukee Light Heat & Traction .. .......... 56
North Jersey St. Ry. (Jersey City, N. J ,)... 47 Plymouth St. Ry.—See Wilkesb. & W. V. Tr. 91
Milwaukee Racine & Kenosha Electrio Ry.—
Portland & Cape Elizabeth R y ..................... 75
See Milwaukee Light, Heat & Traction Co. 56 North Park StreetRy. (Grand Rapids, Mich.)
—See Feb., 1898, S
Portland & Fairview—See City & Suburban
Milwaukee Street Ry.—See Mil. El. R y & L. 55 Northern Railway & upp .
Improvement.............. 40
of Portland, Ore....................................
75
Milwaukee & Wauwatosa Motor R y .-S ee
North Shore Traction (Boston)...................... 17 Portland (Conn.) St.—SeeMiddletown 8t.Ry. 55
Mil. Light. Heat & Traction....................... 56 North Side Electric Ry.—See Chicago Con.
Portland (Me.) Railroad................................: 75
Mineral Ridge & Niles Electric—See Mahon
T r a tio n ..:.................................................... 27
ing V a lley............................... , .................... 92 North cSide Pass. Rv.—See Citizens’ Tract.. 74 Portland (Oregon) Ry..................................... 76
(Ore.) Traction.......................Minneapolis St. Ry—See Twin City Rap. Tr. 56 Nor. Side Trac.—See Unit. Trac. (Pittsburg) 73 Portland & Vancouver Ry—See Portland— 76
Portland
Ry. 76
Minnesota Point Street R y............................ 39 Northwestern Elevated (Chicago)................. 29 Portland & Yarmouth Electric R y ...-------- 75
Mississippi Valley Ry. (East St. Louis RR.) 39 Norwalk Street Ry........................................... 67 Port Norfolk Electrio R a ilw a y ................... 66
Missouri RR..................................................... 80 Norwalk Tramway........................................... 67 Portsmouth (Va.) Street R y.......................... 76
Missouri Electrio Ry. (Kansas City, M o.)... 49 Norwich Street R y............................................ 67 Pottsville & Reading Ry—See Sehulykill
Mobile Light & R R .......................................... 56
67
Electrio Sy stem....................................... - - - 76
Mobile Street R R ............................................. 56 Nyaok (N. Y.) Traction.............................
Poughkeepsie City & Wapp’s Falls Elec. Ry 76
akland Consolidated Street Ry.— See
Mobile & Spring Hill RR.—See Mo. Lt. & RR. 56
Oakland Transit Co................................. 67 Powell Street Ry—See Market Street R y .. . . 83
Moline Central Street R y .............................. 57
Presidio & Fem es R R ..................................... 83
67
Monangahela Street Railway— ............... 74 Oakland R R .....................................
P
M
O
96
_
.
INDEX
X -A liE .
Pnnceton & Trenton Traoti n......................... 88
Providence Gable Tramway—See United
Traction & Electric..................
76
Providence & Taunton Street R y ............... 87
Pueblo Electric 8t. R y .................................... 78
Publo Traction & Electric—See Pueblo
Electric St. R y .............................................. 78
£ k u e e n City Ry.—see Dallas Consol’d
Electric St. Ry
.................................. 34
Quincy & Boston Street Ry .......................... 78
Quincy (111.) Horse Ry. & Carrying............ 78
apid Railroad............................................ 38
apid Railway.......................................
38
Rapid Transit Line, Knoxville, Tenn.—See
Feb.. 1898, Supp .
Rapid Transit St. Ry—See No. Jersey St.Ry. 48
Reading City Pass.Ry—See Reading Trac... 78
Reading & Temple Elec.Ry.—See Read.Trac. 7P
Reading Traction—See United Traction Sys. 78
Reading & Womelsdorf Electric—United
Traction System............................................ 78
Richmond Ry. & Electric............................... 78
Richmond Traction......................................... 79
Ridge Ave. Pass. Ry—See Union Trac. Sys.. 71
Riverside & Suburban—See Wichita Elec.
Ry. & Light.................................................... 91
Riverside Park Ry.—see Sioux City Tract’n. 85
Roanoke Street R y.......................................... 79
Rochester City & Brighton—See Roch. Ry.. 79
Rochester C. & Manitou R R ............................ 79
Rochester & Irondequoit RR......................... 47
Rochester R y.................................................... 79
Rochester & Sodus Bay B y................
79
Rockford City Ry—See Rockford Ry. Light
& Power......................................................... 79
Rockford Ry. Light & Power ...................... 79
Rockford Traction-See Roikford Ry.Light
79
& Power..............................
Rockland & Abington Street R y ___20
Rockland Thomaston & Camden Street Ry. 79
Rome City Street R y...................
79
Ross St.—See P. & B. Trac............................. 74
Roxborough Chestnut Hill & Norrist’n R y. 72
Rutland Street R y ........................................... 80
fiia co River Electric R R .................. ............ 80
Sacram ento Electric, Gas & Railway....... 80
Saginaw Consol—See Saginaw Val. Trac... . 80
Saginaw Suburban Ry .................................. 80
S aginaw Y alley Traction............................... 80
St. Charles St. R R ............................................ 60
St. Clair Incline Plane.................................... 75
St. Joseph & Benton Har. Street Ry. (Mich.) 80
St. Joseph Ry. Light, Heat & Power (Mo.).. 80
St. Jo. Trac. & Light—See St. Jo. L. H. & P. 80
St. Louis & Belleville Elec.Ry
............... 81
St. Louis Belleville < Suburban R y ............. 81
&
St. Louis Cable & Western Ry—See’ St. Louis
& Suburban R y..... ....................................... 82
St. Louis County Street Railway.................. 81
St. Louis < E. St. Louis Elec. R y................... 81
fc
St. Louis & Kirkwood R R ...........................•.. 81
St. Louis & Merameo River R R ..................... 81
St. Louis RR—See National Ry. System___ 81
St. Louis & Suburban R y ............................... 82
St. Paul City Ry—See Twin City Rap. Tran. 56
St. Paul & Suburban R y............................ > Q
O
St. Paul & White Bear Railroad................ 5
Salt Lake City R R ............................................ 82
Salt Lake & Mercur R R .................................. 82
Salt Lake Rapid Transit................................. 82
San Antonio Edison Co.................................. 82
San Antonio Rapid Transit— See Alamo
Heights R R .................................................... 82
San Antonio Street R y .................................... 82
San Antonio Gas Electric Light & St. R y... 82
San Diego Glee. R y ..................................
83
Sanford (Me.) & Cape Porpoise R R ................ 83
San Gabriel Trac. Co. (Los Angeles. Cal.) .. 53
San Pedro Street RR.—See Los Angeles Ry. 53
Sandusky & Interurban Electric Ry............ 83
Sandusky Milan & Norwalk Elec. Ry........ 83
Sandusky Street Ry......................................... 83
Saratoga Traction........................................... 83
Savannah Traction—See Sav. Thunderbolt
& Isle of Hope.............................................. 83
Savannah Thunderbolt & Isle of Hope R y. 83
Schenectady R y............................................... 84
Schuylkill Electric Ry. (Pottsville, Pa.)___ 7b
Schuylkill Haven & Orwigsburg St. Ry.—
See Schuylkill Electric R y .......................... 76
Schuylkill Traction (Girardville. Pa ).......... 42
Schuylkill Y alley Traction (Norri stown ,Pa. ) 66
Scranton & Car bondale Traction—See Scran
ton Railway System..................................... 84
Scranton Pass. R’y—See Scranton R y ......... 84
Scranton & Pits’n Trac.—See Scran. Ry. Sys. 84
Scranton Suburban—See Scranton R y........ 84
Scranton Ry., formerly Scranton Traction. 84
Sea Beach Ry.—See Brooklyn R. T ............... 20
Seashore Electric Ry, AsburyPark............. 11
Seattle City R y ..................... ........................... 84
Seattle & Rainier Beach Ry........................... 84
Seattle Traction (formerly Seattle Consol.
St. R y.).......................................................... 84
Sea View RR.—See Brooklyn R. T ............... 20
Second Ave.Pass. Ry—See United Traction. 73
Second Ave. RR.—See Met. St. Ry. Sys. (N.Y.) 62
Second Ave. Trac.—See United Trac. Pitts. 73
Second & Third St. Pass. Ry.—See Union Tr.
System............................................................ 71
Sedalia & Brown Sps.—See El. Ry. L. & P ... 85
Sedalia Electric & Railway.......................... 85
Seventeenth & Nineteenth Street Passenger
Ry—See Union Traction System............... 71
Shamokin & Mt. Carmel E lec....................... 85
Sheboygan Light, Power & R y ..................... 85
Shelton ,'Conn.) street Ry............................. 85
Signal Mt. Ry. (Chattanooga Tenn.)........... 25
Sioux City & Leeds Electric Ry.—See Sioux
City Traction................................................. 85
Sioux City Rapid Transit—See Sioux City
Traction......................................................... 85
R
TO RAILWAYS.
P agk
Sioux City T raction ....................................... 85
Sioux City Transit—See Sioux City T rac... 85
Sixth Ave. RR—See Metro. St. Ry. Sys........ 62
Somerville Horse RR—See Boston El. Sys.. 17
So m> Boston RR—See West End St. R y .. . . 17
Southbridge & Sturbriage St. R y................. 85
Bouth Chicago City R y .................................... 29
South Covington & Cin. St. Ry—See Cincin
nati Newport & Covington Ry.................. 34
Southern Boulevard RR.—See Union Ry . . . 63
82
Southern Electric B y....................
South Ferry Ry—See Metropolitan Street
Ry., and also Broadw’y &7th Ave. R R ___ 61
South Jersey Tr.—see Bridgeton & M. Tr... 19
South Middlesex Street R y............................ 85
So. Nashville St. RR—See Nashville St. Ry. 57
South Orange & Maplewood St. R y............. 68
South Orange & Maplewood Traction ___ 68
South Side R R —See Cleveland Elec. R y
32
South Side St. Ry—See Metropolitan St. Ry 49
8outh Side El. RR., Chicago.......................... 31
Southwestern Elec. Ry.—See Nat. Ry. Sys.. 81
Southwestern Traction Ry. (Phila,, Pa.)___ 72
8outh West Missouri Electric R y.................. 90
Spokane Cable Ry.—See Washington Water
Power S ystem ........................
85
Spokane Elec. R y —See Wash. Water Pow.
System..............................................
85
Spokane & Montrose Motor R R .................... 85
Spokane Street Ry., eto.—See Washington
Water Power System.................................. 85
Springfield City Ry—See Springfield Consol
idated R y....................................................... 86
8pringfleld (111.) Consolidated R y ................. 86
Springfield (Ohio) R y ...................................... 86
Springfield (Mass.) Street R y ......................... 86
Springfield El. Ry. (Vt.)................................. 86
Springfield (Mo.) Traction............................. 86
Stamford Street R R ........................................ 86
8taten Island Elec. R R .................................. 86
Staten Island Midland RR ............................. 86
Steinway Ry.—See N. Y. & Queens Co. R y.. 52
Stockton Klectrio R R ..................................... 86
StreatorRv.................................................
86
Street Ry. Co. of G’d Rap—See Cons’d St. Ry. 43
Suburb. City Ry. & Imp.—See Norfoik St.RR. 66
Suburban Railroad (Chicago)....................... 31
Suburban Traction (see Orange & Passaic
Valiev Ry.), Orange, N. J ............................ 68
Suburban Rapid Transit, Pittsburg, Pa...... 75
Summit St. Ry.—See Met. St. Ry., Kansas
City,M o...............
49
Sunbury & Northumberl’d Elec. R y............ 86
Superior Rapid Transit R y ............................ 90
Sutro R R .......................................................... 83
Sutter Street R y............................................... 83
Syracuse Rapid Transit R y ............................ 87
acoma Ry. & Power..................................
arnaqua & Pottsville Electric RR.—See
Schuylkill Elec. Sys.....................................
Tarryto wn White Plains & Mamaroneck Ry.
Taunton & Brockton Street R y....................
Taunton Street R y..........................................
Taylor Avenue R R —See Lindell Ry. Sys....
Temple Street Cable Ry..................................
Terre Haute Electric R y .................................
Terre Haute Street Ry—See Terre Haute
Electric R y...........................................
Third Avenue RR. (N. Y .)...............................
Thirteenth & Fifteenth Sts. Pass. Ry—See
Union Traction System................................
Thirty-fourth Avenue Ry., Denver, Col.......
Thirty-fourth St. RR.
} See 34th )
Thirty-fourth St. Fer. & 11th Av. 5 St.Cr’t’n 5
Thirty-fourth St. Crosstown Ry.—See Met
ropolitan St. Ry. System.............................
Toledo Bowling Green & Fremont R y ...
Toledo Consolidated St. Ry.—See Toledo
Traction.................................................
Toledo Electric Street Ry—See Toledo Tr...
Toledo Electric Ry.—See Toledo Traction..
Toledo Maumee & Perrysburg Elec. RR ...
Toledo & Maumee Valley Ry .......................
Toledo & Monroe Ry.......................................
Toledo Traction...............................................
Topeka kv .........................................................
Toronto (Canada) R y......................................
Torrington < Winchester Street R y.............
fe
Transverse Pass. Ry.—See Citizens’ Trac...
Trenton Passenger Ry.See Traction St. Ry.
Trenton (N. J.) street R y...............................
Trenton Traction.............................................
Tri-City Railway.............................................
Troy City Ry................... , ................................
Troy Hill Pass.Ry—See Fed.St.&P.Val.P.Ry.
Troy & Lansingburg RR—
-See Troy City Ry.
Tuscaloosa Belt R y .........................................
Twenty-eighth & Twenty-ninth Sts. Cross
town RR.—see Met. St. Ry. System..........
Twenty-second & Allegheny—Phila. T rac..
Twenty-third Av.Eleo.Ry—See Oakland San
Leandro & Haywards Electric Ry. Cons’d
Twenty-third St. Ry.—See Met. St. Ry. Sys..
Twin City Gen’l Electric (Ironwood.Mich.),
Twin City Rapid Transit........... .....................
T
Tnion Consol. Elevated RR., Chicago
> nion Depot RR. (St. Louis, M o.).............
Union Electric Ry.—See Saratoga Traction
Union Elevated RR—See Brooklyn Un. Elev.
Union Elevated RR., Chicago.......................
Union Loop—See Union Elevated RR..........
Union Pass. Ry.—See Union Trac. System.
Union Ry. of New York.............................—
Union Ry—See Chester Traction..................
Union RR—See United Traction & Electric.
Union Transit (Chicago, 111.).........................
Un. Elec., formerly Un. St. (Dover, N. H.)..
Union Street Ry. (New Bedford. M ass.)....
Union Street Ry.—See Saginaw Val. Trac...
Union Traction (Anderson, Ind.).................
Union Traction (Jersey City, N. J.)—See
Newark & Hackensack Traction......... .
(
87
76
63
87
87
80
53
87
87
62
71
36
ao
62
87
87
87
87
87
87
87
87
87
88
88
74
8*
88
88
35
88
73
88
88
62
71
67
62
47
56
Pa g e .
Union Traction (Philadelphia, Pa.)............. 7 0
Union Trunk Line...............................
85
United Power & 1ransportation.............
91
United Rys. < Electric Co. of B altim ore... 14
fc
United RR. (Brooklyn. N. Y .)....................... 21
United Trac. & Elec. (Providence, R. I .) .... 70
United Traction (Pittsburg).......................... 70
United Traction (Reading, Pa.).................... 78
Urbana & Champaign Ry. Gas & E. Co....... 24
Utioa Belt Line Street R R ............................. 88
Utica & Mohawk R R ....................................... 88
Utica Suburban—See Utica Belt Line.......... 88
allamont Traction......................................
alley Pass. Ry.—See Scranton Ry...........
Valley St. Ry. (Sharon, Pa.)................
Van Brunt Street < Erie Basin R R .............
&
V
akefield & Stoneham Street R y ............
alden & Orange Lake RR.—See Newburg Electric R y...................................
Wall & Cortlandt St. Ferries Ry. (N. Y .)...
Warren Brookf. & Spencer (Spencer)..........
Washington Alexandria & Mt. Vernon Ry..
Washington Arlington & Falls Church Ry.
Washington & Georgetown.—See Capital Tr.
Washington & Glen Echo R R .......................
Washington & Great Falls Elec. R y .............
Washington & University RR
...............
Wash. Westminster & Gettysburg R R ........
Washington Water Power, Spokane.............
Waterbury Traction.........................................
Watertown & Brownville Street Ry—See
Black River T ra ction .................................
Waterville & Fairfield Ry. < Light...............
fc
Watervliet Turnpike & RR.—
See Albany Ry.
Waukesha Beach Electrio—See Milwaukee
Light, Heat & Traction..............................
Waukesha Electric—See Milwaukee Light
Heat & Traction...........................................
Waverly Sayre & Athens Traction Co.........
Waverly & Woodstock Electric Ry—See City
& Suburban R y................ ............................
Wellesley & Boston St. R y.............................
Westohester Electric—8ee Union Ry.N. Y ..
West Chicago Street RR .................................
West Chicago Street RR. Tunnel—See West
Chicago Street R R ........................................
West End Passenger Ry—See Frankford &
Southwark Passenger R y............................
West End Street Car.......................................
West End Street Ry.—Boston........................
West End Street Ry.—See Denver City RR.
West End Street Ry. (Knoxville,Tenn.)—See
Knoxville Traction Co................................
West End St. Ry.—See Penn. Traction........
West End Traction, Pittsburg, P a...............
West Jersey Traction (Camden, N. J .)........
WestPhiladelphia Passenger Ry—See Union
Traction System.......................... .................
West Pittston & Wyo. St. Car—See Wilkesb.
& W. V. Trac............................................
.
West Roxbury ARoslindale St. Ry. (Boston)
West Seattle Cable...........................................
West Shore R y..................................................
West Side Rapid Transit.................................
West Side RR. (Elmira, N. Y .).......................
West Side Street Ry—See Milwaukee Elec.
R y < L ight................................... ...............
fc
West & South Towns Street Ry—See Chicago
General R y .....................................................
West Street & North End Elec. R y.............
Wheeling (W. Va.) & Elm Grove R R ...........
Wheeling (West Va.) R y.................................
White Line St. Ry.—See People’ s St. Ry.
(Dayton)........................................ ...............
Whitman Street Ry—See Brockton Street Ry.
Whitney Ave.—See New Haven St...............
Wichita Ry. Light & Power............................
Wilkesbarre Dallas < Harvey’ s Lake R y ...
fe
WUkesb. * Earn Side ( SM WItteBb.
do
do
do
& West Side (
Wilkesbarre < Wyoming Valley Traction...
&
Williamsport Passenger R y............................
Willamette Bridge Railway—See City &
Suburban Railway.................................. .
Wilmington (Del.) City R y.—See Wilm. &
Ches. 'Trac......................................................
Wilmington (Del.) & Brandywine Springs
Electrio Ry...................................................
Wilmington & Chester Traction Co.............
Wilmington & New Castle Eleo. Ry. (Del.)..
Wilmington (N. C.) Street R y .........................
Winchester Avenue R R ..................................
Winnisimmet RR—See Lynn & Boston Sys.
Winston-Salem Railway & Electric...............
Wissahiokon Elec.—See Roxbury, Chestnut
Hill & Norristown........................................
Woonsocket Street R y.....................................
Worcester < Blackstone Val. St. Ry...........
fc
Worcester & Clinton St. R y ..........................
Worcester Consolidated Street—See Wor
cester Traction System..............................
Worcester Leicester & Spencer St. Ry.—See
Worcester & Suburban.................................
Worcester & Marlborough Street R y ..........
Worcester & Millbury St. Ry.—See Worce
ster & Suburban............................................
Worcester & Suburban Street R y.................
Worcester Traction..........................................
Wyatt Park Ry.—See St. Joseph Trac. Ry.
Light Heat & Pow er..................................
Wyandotte & Detroit River R y......................
W
31
82
83
21
31
31
72
63
25
76
31 ~ ^ enla Rapid Transit...................................
38
58
onkers R R ...................................................
80
ork Street Ry..............................................
10
Youngstown Street R y.—See Mahoning
Valley Electrio..............
48
Y
91
84
85
22
89
63
63
85
9
90
89
90
99
90
14
85
90
90
90
9
56
56
90
75
64
63
31
31
70
82
17
35
49
50
75
24
72
91
18
85
59
82
40
55
28
85
91
90
35
19
59
91
91
91
91
91
75
91
91
91
92
92
59
18
92
72
92
92
92
92
92
92
92
92
92
80
38
35
92
92
92
@FedFRASER